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

THE LIBRARY OF
THE UNIVERSITY OF GEORGIAREPORT
OF THL
Or
U Insurance Department
OF THL
COMPTROLLER GENERALS OFFICE
FOR THE
YLAR ENDING DECEMBER 31 1913
VOL
Atlanta Ga
Chas P Btrd State Printer
1914
THE GENERAL LIBRARY
THE UNIVERSITY OF GEORGIA
ATHENS GEORGIAn
v
FIRE INSURANCE COMPANIES
ETNA FIRE INSURANCE COMPANY OF HARTFORD CONNECTICUT
William B Clark President E J Sloan Secretary
Home Otfice Hartford Conn
C L Ruse Atlanta Attorney for Service in Georgia
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 21700621 78
Extended at 21700621 78
IIIncome
5 Gross premiums 11444157 75
6 Deduct reinsurance prem
iums fire 1527
97196 marine and
inland 125460486
return premiums fire
139229036 marine
and inland 279
51569 total 2920262 32
2958696 56
1534120 55
7 Total premiums other
than perpetual 8523895 43 1424576 01
8 Deposit premiums written on perpetual risks gross
9 Grossinterest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 349452 accrued interest
on bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 interest on farm notes 18112 loan to
State of Conn 33750 total
15 Interest received from Philadelphia Eire
Underwriters Association 630 agents
balances 678 total
4897 91
884496 04
24821 00
518 62
13 08
THE GENERAL LIBRARY
THE UNIVERSITY OF GEORGIA
ATHENS GEORGIA
1948471 44
3164 12
2 ComptrollerGenerals Keport
16 Gross rents from company a property in
eluding 2500000 for companys occu
pancy of its own buildings 25300 00
17 Total gross interest and rents 910046 65
18 From other sources Conscience fund 1500 tax on real
estate recovered from State of Connecticut 970926 9724 25
25 From agents balances previously charged off 1122 30
26 Gross profit on sale or maturity of ledger assets viz
Stocks 1414 00
2S Total income 10903942 76
IIIDisbursements
1 Gross amount paid policy
holders for losses in
cluding 88731382 oc
curring in previous
years 5470981 69
2 Deduct amount received
for salvage fire 60
49308 marine and in
land 5977435 reinsur
ance fire 8534341S
marine and inland 766
18055 discount fire 1
17445 total 915101 72
1789869 SI
825954 90
10
11
12
13
14
15
16
Net amount paid policy
holders for losses4555879 97 963914 91 5519794 88
Expenses of adjustment and settlement of losses 55036 89
Commissions or brokerage 1931896 43
Salaries 20027821 and expenses 15897531 of special
and general agents 359253 52
Salaries fees and all other charges of officers directors
t rustees and home office employees 424782 86
Rents including 25000 for companys occupancy of its
own buildings 74093 10
Advertising 2076453 printing and stationery 90
08727 11085180
Postage telegrams telephone and express 62769 35
Legal expenses 16812 65
Furniture and fixtures 12234 58
Maps including corrections 17115 87
Underwriters boards and tariff associations 105389 66
Fire dept fire patrol and salvage corps assessments fees
taxes and expenses including 2 per cent tax 32
14088 fire marshal tax 807860 55620 55
c
h
COMPTBOLLEBGrEISrEEALs KePORT 3
17 Inspections and surveys 62349 56
18 Repairs and expenses other than taxes on real estate 6251 28
19 Taxes on real estate 11760 50
20 State taxes on premiums 168997 24
21 Insurance department licenses and fees 31266 38
22 All other licenses fees and taxes Federal
corporation tax 13510 75
Taxes assessed in various town on prem
ium receipts 4810 46
City and town licenses 15849 53
Tax on franchise 678 72
State corporation tax on capital stock 147500 00
Total 182349 46
23 Other disbursements Auditing 100000 coal 1
01459 electric light and gas 312922 ice 45345
janitors and engineers supplies 177111 laundry
76814 lunch system 1600170 newspaper subscrip
tions etc 131981 water 28148 vault protection
83766 pensions 15000 Cartage 45575 premium
on fire and liability policies 30013 mercantile
agencies 164720 total 29130 24
30 Paid Munich Reinsurance Company for interest on
balance 19434 56
33 Deposit premiums returned 2937 85
34 Paid stockholders for interest or dividends amount de
clared during the year 900000 00
37 Decrease in liabilities during the year on account of re
insurance treaties 1472 38
38 Agents balances charged off 1618 62
39 Gross loss on sale or maturity of ledger assets viz
Bonds 8563 18
41 Total disbursements 10171783 39
IVLedger Assets
1 Book value of real estate 627207 93
3 Loans secured by pledge of bonds stocks
or other collateral 60000 00
4 Book value of bonds 1422005894 and
stocks 410608860 18326147 54
5 Cash in companys office 4996 66
6 Deposits in trust companies and banks not
interest 1562659 65
7 Deposits in trust companies and banks on
interest 1625299 55
8 Agents balances representing business
written subsequent to Oct 1 1913 1778184 72
4 ComptrollerGenerals Eeport
9 Agents balances representing business
written prior to Oct 1 1913 13459 07
10 Bills receivable taken for marine and in
land risks 2413 34
11 Bills receivable taken for fire risks 69 00
16 Total ledger assets 22432781 15
NonLedger Assets
18 Interest accrued on bonds 97299 01
21 Interest on special deposit New York Life
Ins Trust Co N Y 375 47
97674 48
24 Total
26 Market value not including interest in item IS of bonds
and stocks over book value 181461 71
30 Gross assets 22711917 34
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 13459 07
39 Real estate 217207 93
230667 00
40 Total
41 Total admitted assets 22481250 34
VLiabilities
1 Gross losses adjusted and unpaid 214296 48
2 Gross claims for losses in process of ad
justment or in suspense plus 5342946
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 771925 82
3 Gross claims for losses resisted 94405 63
4 Total 1080627 93
5 Deduct reinsurance due or accrued 358028 99
6 Net amount of unpaid losses and claims 722o98 94
7 Gross premiums less reinsurance receiv
ed and receivable upon ajl unexpired
fire risks 1605975647 unearned
premiums per recapitulation 8485880 05ComptrollerGenerals Report
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
79370548 unearned premiums fifty
per cent 396852 74
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 6305625
unearned premiums 100 per cent 63056 25
10
11
17
18
20
23
26
27
28
Total unearned premiums as computed above 8945789 04
Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received 104938 73
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 of the year
of this statement 307500 00
Funds held under reinsurance treaties 480575 41
All other liabilities viz Interest accrued not due
on funds held under reinsurance treaties 9458 33
Total amount of all liabilities except capital 10571860 45
Capital actually paid up in cash 5000000 00
Surplus over all liabilities 6909389 89
29 Surplus as regards policyholders 11909389 89
30 Total liabilities 22481250 34
VIEisks and Premiums
Fire Eisks Premiums Thereon
In force on the 31 day of December as
per line 6 under this heading in last
years statement 1464599802 16735744 57
Written or renewed during the year 978943592 11444157 75
Total 2443543394 28179902 32
Deduct those expired and marked off as
terminated 843213690 10270594 41
9
In force at the end of the year 1600329704 17909307 91
Deduct amount reinsured 167805745 1849551 44
Net amount in force 1432523959 16059756 47
Perpetual risks not included above 507049400 de
posit premiums on same 116508 59ComptrollerGenerals Report
AGRICULTURAL FIRE INSURANCE COMPANY OF
WATERTOWN N Y
W H Stevens President J 0 Adams Secretary
Thomas I Lynch Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 4189431 86
4 Extended
at 4189431 86
IIIncome
5 Gross premiums 2709688 44
6 Deduct reinsurance premiums fire 565
93449 return premiums fire 4429
94372 total 1008878 21
7 Total premiums other than perpetual 1700810 23
9 Gross interest on mortgage loans less
8160 accrued interest on bonds ac
quired Huring 1913
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 366038 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Contract sales of real estate
Hi Gross rents from companys property in
cluding 250000 for companys occu
pancy of its own buildings
39657 06
8199 33
136067 96
6820 97
36 23
2500 00
17 Total gross interest and rents 193281
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
43 69
2279 02
3876 65
28 Total income 1900291 14ComptrollerGeneral s Report
IIIDisbursements
1 Gross amount paid policyholders for losses
including 160577665 occurring in
previous years 1098642 03
2 Deduct amount received for salvage fire
997344 reinsurance fire 27102086
discount fire 49825 total 284492 55
Net amount paid policyholders for losses 817149 48
Expenses of adjustment and settlement of losses 31498 74
Commissions or brokerage 362824 56
Allowances to local agencies for miscellaneous agency
expenses 5712 12
iSalaries 4162006 and expenses 6805282 of special
and general agents 109672 88
Salaries fees and all other charges of officers directors
trustees and home office employees 58951 44
Eents including 250000 for companys occupancy of its
own buildings 3922 30
Advertising 725719 printing and stationery 1253563 19792 82
Postage telegrams telephone and express 11654 86
Legal expenses 320 99
Furniture and fixtures 1379 80
Maps including corrections 6302 57
Underwriters boards and tariff associations 33472 12
Fire dept fire patrol and salvage corps assessments fees
taxes and expenses 11646 99
Inspections and surveys 8991 30
Repairs and expenses other than taxes on real estate 1329 51
Taxes on real estate 681 97
State taxes on premiums 38232 69
Insurance department licenses and fees 8662 65
All other licenses fees and taxes Federal
corporation tax 2489 07
Municipal and county 5383 11
Located on personal property 1898 30
Publishing statements and state bond 1306 07
10
11
12
13
14
15
16
17
18
19
20
21
22
Total
23 Other disbursements Audits and insurance publications
208930 fuel and light 81255 office sundries
96813 total
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
11076 55
3869 98
75000 00
9364 26
580 60
8 CompteollerGenebals Kepobt
39 Gross loss on sale or maturity of ledger assets viz
Bonds 839711 stocks 40033 total V9
40 Gross decrease by adjustment in book value of ledger
assets viz
ol6 76
Bonds
1641405 38
41 Total disbursements
IVLedger Assets
1 Book value of real estate 35832 j
2 Mortgage loans on real estate first liens 712862 00
3 Loans secured by pledge of bonds stocks
or other collateral 128400 00
4 Book value of bonds 186517452 and
stocks 109939481 total 2964569 33
5 Cash in companys office M28 9o
7 Deposits in trust companies and banks on
interest 298545 39
8 Agents balances representing business
written subsequent to Oct 1 1913 300645 6a
9 Agents balances representing business
written prior to Oct 1 1913 6033 79
16 Total ledger assets 4448317 62
NonLedger Assets
17 Interest due 55332 and accrued 10
21083 on mortgages 10764
20 Interest accrued on bonds 27897 40
19 Interest accrued on collateral loans 3290 78
IS Interest accrued on other assets Bank
balances 735 37
426S7 70
24 Total
27 Other nonledger assets viz gg
28 Due for reinsurance on paid losses
29 Funds due under reinsurance treaties
4496695 73
30 Gross assets
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 6033 7939
40
41
10
17
25
26
27
28
29
30
1
ComptrollerGenerals Eeport 9
Real estate 5314 74
Bonds and stocks 182578 83
Total 393927 36
Total admitted assets 14302768 37
VLiabilities
Gross losses adjusted and unpaid due
2016863 not yet due 2272591 42894 54
Gross claims for losses in process of ad
justment or in suspense plus 1997840
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 101939 26
Gross claims for losses resisted 142 59
Total 159092 80
Deduct reinsurance due or accrued 33879 74
Net amount of unpaid losses and claims 125213 06
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 3644426 unearned premiums
per recapitulation 1881103 97
Total unearned premiums as computed above 1881103 97
Salaries rents expenses bills accounts fees etc due or
accrued 7814
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 38000 00
Conflagration reserve 200 00 00
Total amount of all liabilities except capital 2252131 47
Capital actually paid up in cash 500000 00
Surplus over all liabilities 1550636 90
Surplus as regards policyholders 2050636 90
Total liabilities 4302768 37
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 435417600 4256156 00
10
2
3
27
29
30
CompteolleeGteneeals Kepoet
Written or renewed during the year 276490300 2709685 44
Excess or original premiums over
amount received for reinsurance 1193 04
Total 711907 900 6967037 48
Deduct those expired and marked off as
terminated 242736300 2479851 48
In force at the end of the year 469171600 4487186 00
Deduct amount reinsured 80110000 842760 00
Net amount in force 389061600 3644426 00
Business in the State of Georgia During the Year
Gross risks written 3166300 00
Less 41420000 risks cancelled and 19750000 reinsur
ance in companies authorized in Georgia 611700 00
Net risks written 2554600 00
Gross premiums on risks written 31895 17
Less 413850 return premiums and 90376 premiums
for reinsurance in companies authorized in Georgia 5042 26
Net premiums received 26852 91
Losses paid deducting salvage 15374 08
Less losses on risks reinsured in companies authorized in
Georgia 46 36
Net losses paid 1532i i 2
Losses incurred 17779 29
Less losses on risks reinsured in companies authorized in
Georgia 5i 01
Net losses incurred 17723 2
ALLIANCE INSURANCE COMPANY OF PHILADELPHIA PA
Eugene L Ellison President T Howard Wright Secretary
E S Gay Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 750000 0QComptrollerGenerals Report
11
2 Amount of ledger assets as per balance
December 31 of previous years 2292011 77
4 Extended at 2292011 77
IIIncome
5 Gross premiums 1474278 60
6 Deduct reinsurance premiums Are 176
79290 marine and inland 5569627
return premiums fire 19147792 ma
vine and inland 5243299 total 284713 81
8
11
12
13
14
15
17
18
26
Total premiums other than perpetual
Derjosit premiums written on perpetual risks gross
Gross interest on bonds and dividends on
stocks less 54166 accrued interest on
bonds acquired during 1913 88924 17
Gtoss interest on deposits in trust com
panies and banks 2210 37
Gross interest from all other sources
Branch office bank balances 45 78
Deferred settlements 44
Total gross interest and rents f
From other sources Perpetual department fees
Gross profit on sale or maturity of ledger assets viz
Bonds
997878 52
913 00
91180 76
201 57
429 30
28 Total income 1090603 15
ITTDisbursements
Gross amount paid policyholders for
losses 695301 94
Deduct amount received for salvage fire
319693 marine and inland 13
33252 reinsurance fire 8273989
marine and inland 2308255 total 122351 89
Net amount paid policyholders for losses 572895 05
Expenses of adjustment and settlement of losses 8259 80
Commissions or brokerage 214426 81
Allowances to local agencies for miscellaneous agency
expenses 21593 32
Salaries 1325541 and expenses 599318 of special
and general agents 19248 59
Salaries fees and all other charges of officers directors
trustees and home office employees 23584 80

12
ComptbolleeGeneeals Repoet
9 Rents including nothing for companys oecupany of its
own buildings
10 Advertising 1185561 printing and stationery 505S16
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 dept fire patrol and salvage corps assessments fees
taxes and expenses
17 Inspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax 185471 Penna tax on capital stock 373675
municipal licenses 211528 total
23 Other disbursements Registration of stock 5000
subscriptions 2500 total
33 Deposit premiums returned
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
4479 06
6243 72
3449 73
2027 40
65 52
1514 93
8454 14
6587 91
1842 09
16398 93
6194 45
7706 74
75 00
262 00
60000 00
37 50
193 75
1 72
985542 96
IVLedger Assets
4 Hook value of bonds 183382980 and
stocks 29299275 2126822 55
5 ash in companys office 17 90
6 Deposits in trust companies and banks not
on interest 5615 53
7 Deposits in trust companies and banks on
interest 129700 77
8 Agents balances representing business
written subsequent to Oct 1 1913 133649 75
9 Agents balances representing business
written prior to Oct 1 1913 400 0 1
10 Bills receivable taken for marine and in
land risks 835 42
10 Total ledger assets 2397071 96ComptholleeGtenbkals Report 13
NonLedger Assets
18 Interest accrued on other assets 22167 90
24 Total 22167 90
27 Other nonledger assets viz Salvage claims 3075 00
30 Gross assets 2422314 86
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 400 14
39 Bonds and stocks 143715 05
Total 144115 19
41 Total admitted assets 2278199 77
VLiabilities
1 Gross losses adjusted and unpaid 5370 00
2 Gross claims for losses in process of ad
justment or in suspense plus 1500000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 149411 00
3 Gross claims for losses resisted 8567 00
4 Total 163348 00
5 Deduct reinsurance due or accrued 13767 00
6 Net amount of unpaid losses and claims 149581 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 106610105 unearned prem
iums per recapitulation 550557 88
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
7704291 unearned premiums fifty
per cent 38521 45
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 12161388
unearned premiums 50 and 100 per
cent 68215 51
10 Total unearned premiums as computed above 057294 84dJ ais iiJkAi
lUM
14
ComptrollerGenerals Report
11 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received
18 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 capital
27 Capita actually paid up in cash 750000 00
28 Surplus over all liabilities 690760 45
15563 48
15000 00
837439 32
29 Surplus as regards policyholders
30 Total liabilities
VIRisks and Premiums
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 127813152
2 Written or renewed during the year 146534613
1440760 45
2278199 77
11511147 01
147427 H
4 Total 274347765 2933725 61
5 Deduct those expired and marked off as
terminated 145581501 1398108 44
6 In force at the end of the year 1 28 66264 1535617 17
7 Deduct amount reinsured 10695175 270859 33
8 Net amount in force 109071089 1264757 84
9 Perpetual risks not included Stbove 55055000 deposit
premiums on some 17292 5
Business in the State of Georgia During the Year
27 dress risks written 2077013 00
Less 39797900 risks cancelled and 770249 reinsur
ance in companies authorized in Georgia 1168228 00
Net risks written
28 Gross premiums on risks written
Less 407292 return premiums and 912728 premiums
for reinsurance in companies authorized in Georgia
Net premiums received
29 Losses paid deducting Blvage
908785 00
27690 88
13200 20
14490 68
205 01 38ComptkollekGenebal s Eepoet 15
Less losses on risks reinsured in companies authorized in
Georgia 8529 07
Net losses paid 12011 31
30 Losses incurred 21691 51
Less losses on risksreinsured in companies authorized in
Georgia 7849 13
Net losses incurred 13842 38
AMERICAN CENTRAL STOCK FIRE INSURANCE COMPANY
Home Office St Louis Mo
Edw T Campbell President B G Chapman Jr Secretary
C H Godfrey Atlanta Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 5690684 74
4 Extended at 5690684 74
IIIncome
5 Gross premiums 5408492 67
6 Deduct Eeinsurance premiums fire 1
09661870 return premiums fire
91173081 2008349 51
7 Total premiums other than perpetual 3400143 16
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust companies
and banks
13 Gross interest from all other sources
Philadelphia Underwriters
Certificate of Deposits Saskatchewan
Milwaukee Underwriters Bldg Assn
Reinsurance Bureau
2183 29
15164 54
78710 76
2442 89
6 30
33 33
2 43
60 40
16
ComptrollerGenerals Report
City Warrant Rugby N D
Railway Underwriters
1 26
145 22
15 Total
17 Total gross interest and rents
20 Proceeds of sale of Norfolk Western
26 Gross profit on sale or maturity of ledger assets
248 94
198750 42
17 00
532 50
28 Total income 3599443 08
IIIDisbursements
1 Gross amount paid policyholders for losses
including 20322303 occurring in pre
vious years 2494167 72
2 Deduct amount received for Salvage fire
1581773 marine and inland 52587
reinsurance fire 55407580 marine and
inland 268 discount fire 106395 571540 03
10
11
12
13
14
15
16
17
20
21
22
Net amount paid policyholders for losses 1922627 b9
Expenses of adjustment and settlement of losses 3424959
Commissions or brokerage 678882 87
Allowances to local agencies for miscellaneous agency ex
q qqo 70
penses
Salaries 14819113 and expenses 6901320 of Special
and genera agents 24 33
Salaries fees and all other charges of officers directors
trustees and home office employees 101872 18
Bents 44
Advertising 361386 printing and stationery 4400153 17515 39
Postage telegrams telephone and express 2881 1 i 3
Legal expenses 4880 9o
Furniture and fixtures 5273 45
Maps including corrections 108 vi
Underwriters boards and tariff associations 31272 45
Fire department fire patrol and salvage corps assessments
fees taxes and expenses 8743 01
Inspections and surveys 28496 91
state taxes on premiums 56554
Insurance department licenses and feees 30088 28
All other licenses fees and taxes
Municipal 7879 56
Filing fees 264 21
City and county tax 1269 01
Publishing statement 338 45
Franchise tax 200 00
Capital tax 19534 23ComptrollerGenerals Report 17
Occupation tax 13 48
Corporation tax 8 01
Miscellaneous tax 97 24
Total 29714 19
24 Premium on bonds 50 00
34 Paid stockholders for interest or dividends amount de
clared during the year 12000000 119985 00
38 Agents balances charged off 2482 69
41 Total disbursements 3387613 81
IVLedger Assets
2 Mortgage loans on real estate per Schedule
B first liens 3673961 other than first
400000 40739 61
3 Loans secured by pledge of bonds stocks or
other collateral 302385 62
4 Book value of bonds 340993193 and
stocks 116720236 4577134 29
5 Cash in companys office 12032 41
6 Deposits in trust companies and banks not
on interest 71281 62
7 Deposits in trust companies and banks on
interest 277565 94
8 Agents balances representing business writ
ten subsequent to October 1 1913 12890 24
16 Total ledger assets 5904514 01
NonLedger Assets
17 Interest accrued on mortgages 923 38
19 Interest accrued on collateral loans 890 00
18 Interest accrued on other assets 47434 61
24 Total 49247
30 Gross assets 5951762 00
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 12890 24
38 Book value of ledger assets over market
value 525653 09
40 Total 538543 3
n 413 18 K7
41 Total admitted assets oioio18
ComptrollerGenerals Report
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 105525 38
2 Gross claims for losses in process of adjust
ment or in suspense plus 2500000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been
received on that date 359228 37
3 Gross claims for losses resisted 24923 20
4 Total 489676 95
6 Net amount of unpaid losses and claims 340340 02
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 567578938 unearned premiums
per recapitulation 2991239 68
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
2017767 unearned premiums fifty per
cent 10088 83
9 Gross premium less reinsurance cash
and bills received and receivable upon all
unexpired marine risks 73509 un
earned premiums 100 per cent 375 09
10 Total unearned premiums as computed above 3002063 60
16 Dividends declared and unpaid to stockhold
ers 88348
17 Salaries rents expenses bills accounts
fees etc due or accrued 4851 87
18 Estimated amount hereafter payable for
federal state and other taxes based upon
the business of the year of this statement 35000 00
2i Total amount of all liabilities except capital 3383138 9
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 30079 70
29 Surplus as regards policyholders 203009 70
30 Total liabilities 5413218 67ComptrollerGenerals Report 19
VIRisks and Premiums
1 In force on the 31st day of December as
per line 5 under this heading in last
years statement 592710371 629072572
2 Written or renewed during the year 484766842 5344368 75
4 Total 1077477213 11635095 47
5 Deduct those expired and marked off as
terminated 410916335 4584055 38
6 In force at the end of the year 666560878 7051040 09
7 Deduct amount reinsured 121760752 1377250 71
8 Net amount in force 544800126 5673789 38
Business in the State of Georgia During the Year
27 Gross risks written 7758618 00
Less 1735931 risks cancelled and 1540832 reinsurance
in companies authorized in Georgia 3276763 00
Net risks written 4481855 00
28 Gross premiums on risks written 114095 19
Less 2006963 return premiums and 2596911 premiums
for reinsurance in companies authorized in Georgia 46038 74
Net premiums received 68056 45
29 Losses paid deducting salvage 53944 83
Less losses on risks reinsured in companies authorized in
Georgia 11779 37
Net losses paid 42165 46
30 Losses incurred 62252 38
Less losses on risks reinsured in companies authorized in
Georgia 2555 37
Net losses incurred 496970120
ComptrollerGenerals Report
THE AERICAN DRUGGISTS STOCK FIRE INSURANCE COMPANY
Home Office Cincinnati Ohio
Charles H Avery President Frank H Ereericks Secretary
Ben S Persons at Macon Georgia Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 329578 26
329578 26
4 Extended at v
IIIncome
5 Gross premiums
6 Deduct Reinsurance premiums fire 13
15806 return premiums fire 460570 17763 76
127960 36
7 Total premiums other than perpetual 110196 6
11 Gross interest on bonds and dividends on
stocks less 34012 accrued interest on
bonds acquired during 1913 12419 ui
12 Gross interest on deposits in trust compa
nies and banks
180 97
17 Total gross interest and rents
19 Stock transfer fees
27 Gross increase by adjustment in book value of ledger as
sets viz Bonds
12600 54
13 87
63 73
28 Total income
122874 74
IIIDisbursements
1 Gross amount paid policyholders for losses
including 906451 occurring in pre
vious years
2 Deduct amount received for Salvage fire
2064 reinsurance fire 463886
45360 07
4659 50
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage less 38396 reinsurance commis
40706 57
1286 41
14450 95ComptbolleeGeneeals Repobt
21
7 Salaries 178751 and expenses 230479 of special and
general agents 4092 30
8 Salaries fees and all other charges of officers directors
trustees and home office employees 12680 90
9 Rents 480 00
10 Advertising 334896 printing and stationery 128373 4632 69
11 Postage telegrams telephone and express 1236 05
12 Legal expenses 10 00
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 279 10
17 Inspection and surveys 237 00
20 State taxes on premiums 2580 17
21 Insurance department licenses and fees 1706 06
22 All other licenses fees and taxes
Federal corporation tax including addition
al for 1909 1388 131 88
Tax on cap St 4000 Tenn 3000 Cal
Corp 5000 Hamilton Co O pus
prop 7995 199 95
City license tax Los Angeles Cal 4000
Topeka Kas 5000 Macon Ga 7500 165 00
City license tax on prem Covington Ky
53 Ga bonds deposit fee 375 428
Total 501 U
25 General expense 831 35
34 Paid stockholders for interest or dividends amount de
clared during the year 1800000 18000 00
40 Gross decrease by adjustment in book value of ledger as
sets viz Stocks decrease in book value of furniture 73 27
41 Total disbursements 104758 77
42 Balance 347694 23
IVLedger Assets
4 Book value of bonds 323417 27
5 Cash in company s office 2164 73
7 Deposits in trust companies and banks on
interest 7749 99
8 Agents balances representing business writ
ten subsequent to October 1 1913 13702 79
12 Other ledger assets viz Furniture and fix
tures 659 45
16 Total ledger assets 347694 2322 ComptrollerGenerals Report
NonLedger Assets
20 Interest accrued on bonds 4839 99
21 Interest on deposit Ohio State Savings
Association 47 22
22 Interest on current account at bank 9 25
24 Total 4896 46
30 Gross assets 352590 69
Deduct Assets Not Admitted
33 Furniture fixtures and safes 659 45
41 Total admitted assets 351931 24
VLiabilities
1 Gross losses adjusted and unpaid 23 56
2 Gross claims for losses in process of adjust
ment or in suspense plus 162000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 3498 73
4 Total ZZZZ7 3498 73
6 Net amount of unpaid losses and claims 3498 73
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 11427846 unearned pre
t 5769783
miums per recapitulation
10 Total unearned premiums as computed above o7697 8
17 Salaries rents expenses bills accounts
fees etc due or accrued 833 4
18 Estimated amount hereafter payable for
federal state and other taxes based upon
the business of the year of this statement 2334 22
26 Total amount of all liabilites except capital 64364 26
27 Capital actually paid up in cash 200000 00
2S Surplus over all liabilities 87566 98 00756698
29 Surplus ns regards policyholders
30 Total liabilities 351931 24ComptrollerGenerals Report
VIRisks and Premiums
1 In force on the 3 day of December as per
line 6 under this heading in last years
statement 9985115
2 Written or renewed during the year 12569310
4 Total 22554425
5 Deduct those expired and marked off as
terminated 10099632
6 In force at the end of the year 12454793
7 Deduct amount reinsured 1146148
8 Net amount in force 11308645
Business in the State of Georgia During the Year
27 Gross risks written
Less risks cancelled
Net risks written
28 Gross premiums on risks written
Less return premiums
Net premiums received
23
102758 62
127960 36
230718 98
103007 90
127711 08
13432 62
114278 46
92350 00
2000 00
90350 00
1401 98
23 03
1378 95
THE AMERICAN INSURANCE COMPANY OF NEWARK N J
P L Headley President C W Bailey Secretary
Home Office 70 Park Place Newark N J
Louie J Leonard 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
Dec 31 of previous years 9995783 11
9995783 17
4 Extended at
IIIncome
5 Gross premiums fire 619160923 ma
rine and inland 139484 16 total 6331093 3924 ComptrollerGenerals Eeport
6 Deduct reinsurance premiums fire 1014
56360 marine and inland 590646
return premiums fire 106133323
marine and inland 3894235 total 2120745 64
7 Total premiums other than perpetual 421034 o
9 Gross interest on mortgage loans less
4653 accrued interest on bonds aequir
ed during 1913 8850 10
11 Gross interest on bonds and dividends on
stocks less 207640 accrued interest on
bonds acquired during 1913 301126 86
12 Gross interest on deposits in trust com
panies and banks 2923 31
13 Gross interest from all other sources
34 Accounts and bills receivable 2644 81
16 Gross rents from companys property in
cluding 1860691 for companys occu
pancy of its own buildings 26lo8 40
d 491 03 48
17 Total gross interest and rents q
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Stocks
m 4635548 91
28 Total income p
IIIDisbursements
1 Gross amount paid policyholders for losses
including 38631766 occurring in pre
vious years fire 263326723 ma
rine and inland 2835868 total
2 Deduct amount received for salvage fire
1805372 marine and inland 79240
reinsurance fire 50475408 marine
and inland 72277 total
2661625 91
24322 97
for losses 2137302 94
71989 89
3 Net amount paid policyholders
I Expenses of adjustment and settlement of loss
Commissions or brokerage
7 Salaries 8724240 and expenses 5279142 of special
and general agents
8 Salaries foes and all other charges of officers directors
trustees home and department office employees
9 Rents including 1860691 for companys occupancy of
its own buildings
10 Advertising 241800 printing and stationery 4935571
140033 82
198605 53
23083 24
51773 71ComptrollerGenerals Eeport
25
11 Postage telegrams telephone and express 33934 70
12 Legal expenses
13 Furniture and fixtures
i 10399 oo
14 Maps including corrections
15 Underwriters boards and tariff associations 2Zyyo oi
16 Fire dept fire patrol and salvage corps assessments fees
taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate V
19 Taxes on real estate n
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
ax a gi 92
Municipal taxes and licenses
23 Other disbursements
24 Auditing i
25 Maintenance of offices including light and heat li
26 Collecting premium notes QQ
27 Commercial agency g0
28 Premiums on surety bonds
31 Appraisal fees mortgage loans J
3 Expense of adjusting old tax assessments
34 Paid stockholders for interest or dividends amount de
declared during the year 50 00
Policyholders 1130 60
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz
Stocks
40 Gross decrease by adjustment in book value of ledger
assets viz Real estate 335720 bonds 2460821
stocks 313909 total jl1U4
4296418 55
41 Total disbursements
IVLedger Assets
1 Book value of real estate 493000 00
2 Mortgage loans on real estate 1771440 7o
i Book value of bonds 446178704 and
stocks 226927230 total S 20
5 Cash in companys office
6 Deposits in trust companies and banks not
t 25000 00
on interest
7 Deposits in trust companies and banks on
365989 40
interest
8 Agents balances representing business
written subsequent to Oct 1 1913 624993 6626 ComptrollerGenerals Eeport
9 Agents balances representing business
written prior to Oct 1 1913 2408 91
11 Bills receivable taken for fire risks 320381 27
16 Total ledger assets 10334913 53
NonLedger Assets
17 Interest due 237900 and accrued 21
09931 on mortgages 23478 31
20 Interest accrued on bonds 62793 51
23 Rents due on company s property or lease 70 00
24 Total 86341 82
30 Gross assets 10421255 35
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 2408 91
35 Bills receivable past due taken for ma
rine inland and fire risks 43935 55
39 Market value of stocks and bonds below
book value 370007 68
Total 6352 14
41 Total admitted assets 10004903 21
VLiabilities
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 343520 58
3 Gross claims for losses resisted 30600 00
4 Total 374120 58
5 Deduct reinsurance due or accrued 93007 s
6 Net amount of unpaid losses and claims 280512 0
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 932682331 unearned prem
premiums per recapitulation 4892911 60
8 Gross premiums less reinsurance cashComptrollerGenerals Report 27
and bills received and receivable upon
all unexpired inland navigation risks
8811503 unearned premiums fifty
per cent 44067 52
10 Total unearned premiums as computed above 4936969 12
16 Dividends declared and unpaid to stockholders 7000000
to policyholders 11400 total 70114 00
17 Salaries rents expenses bills accounts fees etc due or
accrued estimated 5000 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 50000 00
19 Contingent commissions or other charges due or accrued 85259 86
21 Reinsurance and return premiums due other companies 24188 24
26 Total amount of all liabilities except capital 5452043 92
26 Special reserve fund see chapter 258 laws of 1908
State of New Jersey 300000 00
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 3252859 29
29Surplus as regards policyholders 4252859 29
30 Total liabilities 10004903 21
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 1022973460 10245377 53
2 Written or renewed during the year 563025013 6191609 23
Total 1585998473 16436986 76
5 Deduct those expired and marked off as
terminated 523764795 5696553 28
6 In force at the end of the year 1062233678 10740433 48
7 Deduct amount reinsured 135171483 1413610 17
8 Net amount in force 927062195 9326823 31
Business in The State of Georgia During The Year
27 Gross risks written 4674555 00
Less 118348400 risks cancelled and 96766700 rein
surance in companies authorized in Georgia 2151151 0028 ComptrollerGenerals Beport
Net risks written 2523404 00
28 Gross premiums on risks written 5g 553 gg
Less 737523 return premiums and 1400430 premiums
for reinsurance in companies authorized in Georgia 21 379 53
Net premiums received 37 94 33
29 Losses paid deducting salvage 13711 63
Less losses on risks reinsured in companies authorized in
Georgia 2984 61
Net losses paid jq r9 q0
30 Losses incurred jo 540 ofi
Less losses on risks reinsured in companies authorized in
GeorSia 3457 05
Net losses incurred jk jqi 91
ATLANTA HOME INSURANCE COMPANY OF ATLANTA GA
Joel Hurt President nuls A Bickerstaff Secretary
ICapita Stock
1 Amount of capital stock paid
up in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 479990 64
IIIncome
5 Gross premiums j
6 Deduct Reinsurance premiums fire 22
57550 return premiums fire 1947177
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
5833 accrued interest on bonds acquired
during 1913
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 63876 accrued interest on
bonds acquired during 1913
14 Agents S T W Co accrued 513
15 Massachusetts bonds
117269 26
42047 27
2515 42
476 04
19262 47
19 52
175 00
75221 99
17 Total gross interest and rents
22448 45ComptrollerGenerals Report
29
26 Gross profit on sale or maturity of ledger
assets viz
Bonds 25 00
Stocks 150 00
Total 175 00
27 Gross increase by adjustment in book value of ledger as
sets viz
Bonds 775 00
Stocks 2625 00
Total
28 Total income
3400 00
101245 44
IIIDisbursements
1 Gross amount paid policyholders for losses
including 311775 occurring in pre
vious years 48906 92
2 Deduct amount received for Salvage fire
6451 reinsurance fire 828189 8346 40
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage less 750780 reinsurance com
missions
7 Salaries 320000 and expenses 259258 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 79765 printing and stationery 37646
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
City licenses fees etc 2660 91
State and county taxes 1088 72
40560 52
672 78
11391 99
5812 58
10700 28
1434 27
1174 11
729 66
156 75
947 80
83 00
2199 77
636 04
448 18
200 00
Total
3749 0230 ComptbollebGenebals Eepoet
23 Other disbursements
24 General expense 1366 17
25 Exchange 138 49
26 Interest paid 73 93
Total
34 Paid stockholders for interest or dividends amount declared
during the year 1400000
39 Gross loss on sale or maturity of ledger assets viz Bonds
40 Gross decrease by adjustment in book value of ledger as
sets viz
Bonds 2490 00
Stocks 19600 00
Total
41 Total disbursements
42 Balance
IVLedger Assets
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other collateral
4 Book value of bonds 12441000 and stocks 22350000
5 Cash in companys office 16094 65
6 Deposits in trust companies and banks not
on interest 1455 85
Total
8 Agents balances representing business writ
ten subsequent to October 1 1913 21085 92
9 Agents balances representing business writ
ten prior to October 1 1913 4162 89
Total
16 Total ledger assets
NonLedger Assets
17 Interest accrued on mortgages 58 33
18 Interest accrued on other assets 5 13
20 Interest accrued on bonds 638 76
21 Dividends declared on stock 3120 00
Total
24 Total
1578 59
1400000
1960 83
22090 00
120526 77
460709 31
56000 00
14000 00
347910 00
17550 50
25248 81
460709 31
3822 22
464531 53CoMPTEOLLEBGrENEEAIiS RePOET 31
Deduct Assets Not Admitted
34 Agents balances representing business written prior to Oc
tober 1 1913 4162 89
41 Total admitted assets
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense
13408 00
4 Total 13408 00
5 Deduct reinsurance due or accrued 4221 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 13405181 unearned pre
miums per recapitulation
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
21 Eeinsurance and return premium due other companies
24 Underwriters boards
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 174810 62
Total
30 Total liabilities
460368 64
9187 00
71000 22
424 24
1000 00
3240 78
705 78
85558 02
374810 62
460368 64
VIEisks and Premiums
1 In force on the 31 day of December as per
line 6 under this heading in last years
statement 14147495
2 Written or renewed during the year 7531634
203439 99
117269 20
4 Total 21679129 320709 25
5 Deduct those expired and marked off as
terminated 12540993 154660 35
6 In force at the end of the year 9138136 166048 90
7 Deduct amount reinsured 1934387 31997 09
3 Net amount in force 7203749 134051 8132 ComptrollerGenerals Eeport
Business in the State of Georgia During the Year
27 Gross risks written 676l7587 00
Less 128950700 risks cancelled and 157124700 rein
surance in companies authorized in Georgia 2860 754 00
Net risks written 3900833 00
28 Gross premiums on risks written 108 350
Less 1659310 return premiums and 2478255 premiums
for reinsurance in companies authoriezd in Georgia 41375 67
Net premiums received 66 975 01
29 Losses paid deducting salvage 44475 10
Less losses on risks reinsured in companies authorized in
GeorSia 8264 57
Net losses paid 36 210 53
30 Losses incurred gg i89 03
Less losses on risks reinsured in companies authorized in
Georgia 1148 57
Net losses incurred gp qq7
ATLANTIC NATIONAL FIRE INSURANCE COMPANY
George Dole Wadley President John J McKay Secretary
Georgia Company Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock paid
up in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 352846 32
4 Extended at 352846 32
IIIncome
5 Gross premiums igo 759 jjp
6 Deduct Reinsurance premiums fire 29
82620 return premiums fire 3059273 6041 S
7 Total premiums other than perpetual iqo 350 96
9 Gross interest on mortgage loans less
14589 accrued interest on bonds ac
quired during 1913 4j6p6 49ComptrollerGenerals Report
10 Gross interest on collateral loans 763 84
11 Gross interest on bonds and dividends on
stocks less 1535 accrued interest on
bonds acquired during 1913 11091 76
12 Gross interest on deposits in trust companies
and banks 21 02
14 Discount on fire loss 9 87
16 Gross rents from companys property 224 00
17 Total gross interest and rents
3 9 Borrowed money
27 Gross increase by adjustment in book value of ledger as
sets viz
Bonds 130 60
Stocks 480 00
Total
28 Total income 7
S3
16806 98
15000 00
610 60
134768 454
IIIDisbursements
1 Gross amount paid policyholders for losses 85714 47
2 Deduct amount received for Salvage fire
57449 reinsurance fire 2283186 23406 35
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage less 971844 reinsurance com
missions
7 Salaries 1437749 and expenses 468060 of special and
general agents including salaries fees and all other
charges of officers directors trustees and home office
employees
9 Rents
10 Advertising 191215 printing and stationery 142587
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 assessments
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
62308 12
1310 20
17605 36
19058 09
450 00
3338 02
1423 59
543 80
246 80
2600 79
13 65
11 20
214 28
950 30
1840 51
34 ComptrollerGenerals Report
22 All other licenses fees and taxes
Municipal 2101 09
Taxes on investments 1 479 gg
Total
23 Other disbursements
24 Borrowed money 15000 00
25 Mise expenseslights fuel janitor sup
plies subscriptions books etc 2276 71
27 Exchange 223 25
28 R G Dun Co 195 00
Total
38 Agents balances charged off
39 Gross loss on sale of maturity of ledger assets viz Bonds
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds
41 Total disbursements
42 Balance
IVLedger Assets
1 Book value of real estate 23 295 05
2 Mortgage loans on real estate 67350 00
3 Loans secured by pledge of bonds stocks or
other collateral 5 600 00
4 Book value of bonds 14075205 and
stocks 8866500 229417 05
5 Cash in companys office 500 00
6 Deposits in trust companies and banks not
on interest 8793 16
8 Agents balances representing business writ
ten subsequent to October 1 1913 26331 15
9 Agents balanees representing business writ
ten prior to October 1 1913 39 24
Total
14 Deduct ledger liability unpaid reins prems
16 Total ledger assets
NonLedger Assets
17 Interest due and accrued on motrgages 1051 09
3580 98
17694 96
108 00
3 85
433 15
133735 64
353879 32
361325 65
7446 33
353879 32ComptkollebGeneeal s Report
35
18 Interest due and accrued on bonds 386 12
19 Interest due and accrued on collateral Hans 57 39
24 Total 1494 60
30 Gross assets 355373 92
Deduct Assets Not Admitted
34 Agents balances representing business written prior to Oc
to 1 1913
41 Total admitted assets
39 24
355334 68
VLiabilities
Gross claims for losses in process of adjust
ment or in suspensei
4
5
6
10
26
27
28
Total
Deduct reinsurance due or accrued
12267 08
12267 08
3889 50
Net amount of unpaid losses and claims
Total unearned premiums
Total amount of all liabilities except capital
Capital actually paid up in cash 200000 00
Surplus over all liabilities 55980 27
Total
8377 58
90976 83
99354 41
255980 27
30 Total liabilities 355334 68
VIRisks and Premiums
In force on the 31 day of December as per
line 6 under this heading in last years
statement 10228069
Written or renewed during the year 9868894
Total 20096963
Deduct those expired and marked off as
terminated 9254615
In force at the end of the year 10842348
Deduct amount reinsured 1995455
8 Net amount in force
186082 59
162769 89
348852 48
148695 36
200157 12
290826 20
8846893 170330 92
THE GENERAL LIBRARY
THE UNIVERSITY OF GEORGIA
ATHENS GEORGIA36 ComptrollerGenerals Report
Business in the State of Georgia During the Year
27 Gross risks written 6701450 00
Less 1486775 risks cancelled and 1661592 reinsurance
in companies authorized in Georgia 3 148 367 00
Net risks written 3553083 00
28 Gross premiums on risks written 105 462 22
Less 2010101 return premiums and 2349058premiums
for reinsurance in companies authorized in Georgia 43681 59
Net premiums received 61 780 63
29 Losses paid deduct salvage 56699 95
Less losses on risks reinsured in companies authorized in
Georgia 20268 69
Net losses paid 36431 26
30 Losses incurred 61 732 39
Less losses on risks reinsured in companies authorized in
Georgia 22669 67
Net losses incurred 39 Q62 72
ATLAS ASSURANCE COMPANY LIMITED
United States Home Office 100 William Street New York City N Y
Frank Lock Manager
C C Hatcher Atlanta Attorney for Service
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in New York and Ohio 300000 00
2 Annnut of ledger assets as per balance December 31 of
Previous years 3037147 33
LTIncome
3 Gross premiums 2690487 15
4 Deduct reinsurance premiums fire 499
79844 return premiums 46556466 965363 10
7 Total premiums other than perpetual 1725124 05
11 Gross interest on bonds and dividends on
stocks less 201711 accrued interest on
bonds acquired during 1913 94 799 57ComptrollerGeneral s Report 37
12 Gross interest on deposits in trust compa
nies and banks 3961 83
16 Gross rents from companys property in
eluding 70000 for company s occupancy
of its own buildings 4072 92
17 Total gross interest and rents 102834 32
19 Received from home office 65926 81
27 Gross profit on sale of maturity of ledger assets viz Bonds 375 00
29 Total income 1894260 18
IIIDisbursements
1 Gross amount paid policy holders for losses
including 11660411 occurring in pre
vious years 1161945 43
2 Deduct amount received for Salvage fire
1757329 reinsurance Are 226
49302 discount fire 37916 244445 47
3 Net amount paid policyholders for losses 917499 96
4 Expenses of adjustment and settlement of losses 28019 29
5 Commissions or brokerage 337366 27
6 Allowances to local agencies for agency expenses 4035 48
7 Salaries 4471968 and expenses 4267920 of special and
general agents 87398 88
8 Salaries fees and all other charges of officers directors
trustees and home office employees 114595 09
9 Rents including 70000 for company s occupancy of its own
buildings 18179 29
10 Advertising 691597 printing and stationery 1013934 17055 31
11 Postage telegrams telephone and express 14271 41
12 Legal expenses 244 88
13 Furniture and fixtures 2043 15
14 Maps including corrections 7523 28
15 Underwriters boards and tariff associations 24899 37
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 6863 20
17 Inspections and surveys 13172 76
18 Repairs and expenses other than taxes on real estate 3049 44
19 Taxes on real estate 748 81
20 State taxes on premiums 33086 40
21 Insurance department licenses and fees 1029667
22 All other licenses fees and taxes Federal corporation tax
256050 municipal licenses and taxes 838834 10948 84
24 Auditors fees 3099 92
25 Classification 75000 Dun Co and Bradstreet 176458 2514 5838
ComptrollerGeneral s Report
26 Donations 7800 entertaining agents and field men
34965 427 65
27 Extra stenography 10165 horse and buggy San Fran
cisco department 42000 521 65
28 Extra night work 200575 office supplies 47664 2482 39
29 Storage of office records 12000 sundries 44108 561 08
30 Special reports rate book corrections and field books 453 30
32 Remitted to home office 1 T5838 86
38 Agents balances charged off 157 31
1777354 52
41 Total disbursements
9
IVLedger Assets
Book value of real estate 83878 81
Book value of bonds 235457966 and
stocks 28798750 2642567 16
Cash in company s office 1875 48
Deposits in trust companies and banks on
interest 90536 00
Agents balances representing business writ
ten subsequent to October 1 1913 317106 40
Agents balances representing business writ
ten prior to October 1 1913 18089 14
16
IS
23
24
27
30
34
38
Total ledger assets as per balance 3154052 99
NonLedger Assets
Interest accrued on bonds
Rents due and accrued 22383 on com
pany s property or lease
28738 89
223 83
Total 28962 72
Other non ledger assets viz Due from other companies for
reinsurance on losses paid 8084 18
Gross assets 3191099 89
Deduct Assets Not Admitted
Agents balances representing business writ
ten prior to October 1 1913
Book value of ledger assets over market
value viz Bonds and stocks
Real estate
18089 14
281382 16
23878 81
11 Total admitted assets 2867749 78ComptrollerGenerals Report 39
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 9129 60
2 Gross claims for losses in process of adjust
ment or in suspense plus 108300 re
serve for losses incurred prior to Decem
ber 31 of which no notice has been re
ceived on that date 116096 57
3 Gross claims for losses resisted 21848 29
4 Total 147074 46
5 Deduct reinsurance due or accrued 28179 55
6 Net amount of unpaid losses and claims 118804 91
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 312181240 unearned pre
miums per recapitulation 1632217 OS
17 Salaries rents expenses bills accounts fees etc due or ac
crued estimated 2000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this v
statement 28500 00
19 Contingent commissions or other charges due or accrued esti
mated 8874 64
26 Total amount of all liabilities except capital 1790486 63
29 Surplus as regards policyholders 1077263 15
30 Total liabilities 2867749 78
VIEisks and Premiums
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 342009275 3581414 23
2 Written or renewed during the year 266743985 2690487 15
3 Excess of original premiums over amount
received for reinsurance 1026 88
4 Total 608753260 6272928 26
5 Deduct those expired and marked off as
terminated 234043888 2463398 59
6 In force at the end of the year 374709372 3809529 67
7 Deduct amount reinsured 73168356 687717 27
8 Net amount in force 301541016 3121812 4040 ComptrollerGeneral s Report
Business in the State of Georgia During the Year
27 Gross risks written 6307870 00
Less 1175848 risks cancelled and 560250 reinsurance in
companies authorized in Georgia 1736 098 00
Net risks written 4571772 00
28 Gross premiums on risks written 78 823 77
Less 1123459 return premiums and 76945 premiums
for reinsurance in companies authorized in Georgia 12004 04
Net premiums received 66819 73
29 Losses paid deducting salvage 31 632 24
Less losses on risks reinsured in companies authorized in
Georgia 61 90
Net losses paid 31570 34
30 Losses incurred 38 748 24
Less losses on risks reinsured in companies authorized in
Georgia 52 90
Net losses incurred 38 695 34
BOSTON STOCK FIRE INSURANCE COMPANY OF BOSTON
MASSACHUSETTS
Ransom B Fuller President Freeman Nickerson Secretary
William L Wilson Savannah Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6499195 47
4 Extended at 6499195 47
IIIncome
Fire Marine and Inland
5 Gross premiums 2756483 05 2168744 69
6 Deduct reinsurance prem
iums fire 58640095
marine and inlandComptrollerGenerals Bepokt 41
25140552 return
premiums fire 508
64105 marine and in
land 35065079 1095042 00 60205631
7 Total premiums other
than perpetual 166144105 1566688 38 3228129 43
9 Gross interest on mortgage loans 23 274 66
10 Gross interest on collateral loans 498 17
11 Gross interest on bonds and dividends on
stocks less 119257 accrued interest on
bonds acquired during 1913 203 660 86
12 Gross interest on deposits in trust compa
nies and banks 7 297 72
13 Gross interest from all other sources
14 Premium notes and notes receivable and
reins bureau j I74 g
15 Prepayment subscription Boston Elevated
Edison Electric stock 836 oi
16 Gross rents from companys property 933 34
17 Total gross interest and rents 239 674 95
18 From other sources Profit H O agency 307021 divi
dend No 15 200 per share National Bank Republic
30000 dividend No 9 300 per share Continental
Bank 60000 3 970 21
25 From agents balances previously charged off 452 66
27 Gross increase by adjustment in book value of ledger as
sets viz Stocks 102 197 gg
28 Total income 3574424 90
IIIDisbursements
1 Gross amount paid policy
holders for losses includ
ing 37164896 occurring
in previous years1181115 13 1153685 40
2 Deduct amount received for
salvage fire 949044
marine and inland 71
55346 reinsurance fire
32252945 marine and
inland 14459138 dis
count fire 51671 ma
rine and inland 76128 332536 60 216906 72
3 Net amount paid policy
holders for losses 848578 53 93677928 1785357 8142
ComptrollerGenerals Report
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Salaries 3167872 and expenses 1333272 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 544887 printing and stationery 2253820
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspection and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and feees
22 All other licenses fees and taxes Federal
corporation tax 1935 32
Franchise 417 02
Municipal 3068 75
Total
23 Other disbursements
24 Investment expense
25 Investment expense
26 Miseellanous expense
1545 43
10 93
18916 43
27 Total
34 Paid stockholders for interest or dividends
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz Bonds
34390 22
721150 72
23084 71
45011 44
203058 27
21388 00
27987 07
16247 19
627 76
3907 77
5753 86
24995 38
17996 47
10249 13
3315 21
4459 81
43042 39
11299 43
5421 09
20472 79
240000 00
2852 86
2176 50
41 Total disbursements 3274255 88
IVLedger Assets
1 Book value of real estate 393197 69
2 Mortgage loans on real estate 442500 00
3 Loans secured by bonds stocks or other col
lateral 20600 00
4 Book value of bonds 128145260 and
stock 359568 4877141 40ComptrollerGenerals Report 43
5 Cash in companys office 17763 06
7 Deposits in trust companies and banks on
interest 430912 85
8 Agents balances representing business writ
ten subsequent to October 1 1913 524179 94
9 Agents balances representing business writ
ten prior to October 1 1913 29587 67
10 Bills receivable taken for marine and in
land risks 57930 17
11 Bills receivable taken for fire risks 4537 17
12 Other ledger assets viz Notes receivable 755 84
13 Deposits with boards 800 00
14 Income tax retained for source 41 67
16 Total ledger assets 6709364 49
NonLedger Assets
17 Interest due 223081 and accrued 2
44465 on mortgages 4675 46
20 Interest accrued 15145 51
24 Total 19820 97
28 Reinsurance return premiums 585 03
30 Gross assets 6819770 49
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 29587 67
35 Bills receivable past due taken for marine
inland and fire risks 13436 11
36 Loans on personal security endorsed or not 755 84
38 Book value of ledger assets over market 389440 97
39 Reinsurance premiums 803 deposit with
boards 80000 808 03
40 Mortgage loan in excess of appraisal 1000 00
Total 435028 62
41 Total admitted assets 6384741 87
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 654 8844 ComptrollerGenerals Beport
2 Gross claims for losses in process of adjust
ment or in suspense plus 2064196 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 543510 75
3 Gross claims for losses resisted 20998 63
4 Total 565164 26
5 Deduct reinsurance due or accrued 118914 77
6 Net amount of unpaid losses and claims 446249 49
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 310160609 unearned pre
miums per recapitulation 1644841 69
8 Gross premiums less reinsurance cash and bills received
and receivable upon all unexpired inland navigation
risks 108790749 unearned premiums fifty per cent 543953 75
9 Gross premiums less reinsurance cash and bills received
and receivable upon all unexpired marine risks 48
84161 unearned premiums 100 per cent 48841 67
10 Total unearned premiums as computed above 2237637 11
16 Dividends declared and unpaid to stockholders 120000 00
17 Salaries rents expenses bills accounts fees etc due or
accrued 2549 67
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 40824 78
19 Contingent commissions or other charges due or accrued 6000 00
21 Reinsurance and return premiums due other companies 51 31
26 Total amount of all liabilities except capital 2853312 36
27 Capital actually paid up in cash 1000000 Oil
28 Surplus over all liabilities 2531429 51
29 Surplus as regards policyholders 3531429 51
30 Total liabilities J384741 87

VTRisks 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 s
statement 380206677 3692555 73
2 Written or renewed during the year 278677688 2756483 05
4 Total 658884365 6449038 78ComptrollerGenerals Eeport
45
5 Deduct those expired and marked off as
terminated
242257196 2405050 69
6 In force at the end of the year
7 Deduct amount reinsured
416627169 4043988 09
94239847 942382 00
8 Net amount in force 322387322 3101606 09
Business in the State of Georgia During the Year
27 Gross risks written 147 304 qo
Less 84414 risks cancenelled and 5000 reinsurance in
companies authorized in Georgia 17 064 00
Net risks written 130760 00
28 Gross premiums on risks written 2 461 80
Less 179044 return premiums and 350 premiums for
reinsurance in companies authorized in Georgia 210 09
Net premiums received
29 Losses paid deducting salvage
Net losses paid
30 Losses incurred
Net losses incurred
2251 71
669 35
669 35
849 51
849 51
BRITISH AMERICA ASSURANCE COMPANY OF TORONTO CANADA
V 1 Meikle General Manager E P Garrow Secretary
II Godfrey Atlanta Attorney for Service in Georgia
ICapital Stock
1 Deposit capital pursuant to laws of Illinois 21500 00
2 Amount of ledger assets as per balance December 31
of previous years 1800830 44
ITIncome
3 Gross premiums 1801592 41
4 Deduct reinsurance premiums fire 382169 50
Ci Return premiums 321719 90
7 Total premiums other than perpetual 1097703 0146
ComptrollerGenerates HeporT
11 Gross interest on bonds and dividends on
stocks less 7375 accrued interest on
bonds acquired during 1913 54651 99
12 Gross interest on deposits in trust com
panies and banks 8044 42
13 Gross interest from all other sources
Unlisted assets 162 82
17 Total gross interest and rents 62859 23
18 From other sources
19 Received from home office 65849 07
26 From agents balances previously charged off 1 08
27 Gross profit an sale or maturity of ledger assets viz
Bonds 15 00
29 Total income 1226427 39
IIIDisbursements
1 Gross amount paid policyholders for losses
including 7992964 occurring in pre
vious years 789918 23
2 Deduct amount received for salvage fire
188750 reinsurance fire 17822148
discount fire 36272 total 180471 70
3 Net amount paid policyholders for losses 558446 53
4 Expenses of adjustment and settlement of losses 12200 72
6 Allowances to local agencies for miscellaneous agency
expenses 258034 92
7 Salaries 2010333 and expenses 3402922 of special
and general agents 54132 55
8 Salaries fees and all other charges of officers directors
trustees and home office employees 48098 88
9 Rents 4547 13
10 Advertising 335364 printing and stationery 1016914 13522 78
11 Postage telegrams telephone and express 6705 10
12 Legal expenses 631 23
13 Furniture and fixtures 935 43
14 Maps including corrections 3996 71
15 Underwriters boards and tariff associations 17792 74
16 Fire dept fire patrol and salvage corps assessments fees
taxes and expenses 1 438 36
17 Inspections and surveys 1200 64
20 State taxes on premiums 14940 26
21 Insurance department licenses and fees 12 601 82
22 All other licenses fees and taxes Federal corporation
tax 164 14
Municipal 9609 52ComptrollerGenerals Report 47
23 Other disbursements
24 Exchange 961 24
25 Water and ice 46 97
26 Heat light and cleaning 112 39
27 Insurance 14 78
36 Remitted to home office 47177 91
41 Total disbursements 1068612 75
IVLedger Assets
4 Book value of bonds 132613013 and
stocks 6087000 1387000 13
7 Deposits in trust companies and banks on
interest 374545 56
8 Agents balances representing business
written subsequent to Oct 1 1913 184904 64
9 Agents balances representing business
written prior to Oct 1 1913 9956 90
12 Other ledger assets viz Supplies 2234 85
16 Total ledger assets 1958651 08
NonLedger Assets
18 Interest accrued on bonds 21119 70
24 Total 2111 70
27 Other non ledger assets viz Reinsurance uncollected on
paid losses 1962 88
30 Gross assets 1981733 66
Deduct Assets Not Admitted
32 Supplies printed matter and stationery 2243 85
34 Agents balances representing business
written prior to Oct 1 1913 16 90
39 Bonds and stocks 80352 01
41 Total admitted assets 1889180 90
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 2939100
reserve for losses incurred prior to Dec48
ComptrollerGeherals Eeport
31 of which no notice had been receiv
ed on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
158197 50
10057 00
168254 50
47442 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 200286875 unearned prem
iums per recapitulation 1019444 73
120812 50
10 Total unearned premiums as computed above 1019444 73
17 Salaries rents expenses bills accounts fees etc due or
accrued 1000 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
pf this statement 16465 55
19 Contingent commissions or other charges due os accrued 3550 00
26 Total amount of all liabilities except capital 1161272 7f
27 Deposit capital actually paid up in cash 215000 00
28 Surplus over all liabilities 512008 12
29 Surplus as regards policyholders
727908 12
30 Total liabilities 1889180 90
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force In the 31 day of December as
per line 6 under this heading in last
years statement 2 Hi301055 217838149
2 Written or renewed during the year 188474536 1801592 41
3 Excess of original premiums over
amount received for reinsurance 85956 76
4 Total 404779491 4065930 66
5 Deduct those expired and marked off as
terminated
162138574
6 in force at the end of the yeari
7 Deduct amount reinsured
g ti amount in force t
242640917 2453255 05
43561907 450386 30
199079010 2002868 75ComptrollerGeneral s Report 49
Business in the State of Georgia During the Year
27 Gross risks written 2734956 00
Less 87090300 risks cancelled and 32029100 reinsur
ance in companies authorized in Georgia 1191194 00
Net risks written 1543752 00
28 Gross premiums on risks written 37705 44
Less 931040 return premiums and 437494 premiums
for reinsurance in companies authorized in Georgia 13685 34
Net premiums received 24020 10
29 Losses paid deducting salvage 19870 21
Less losses on risks reinsured in companies authorized in
Georgia 1227 04
Net losses paid 18643 17
30 Losses incurred 29465 15
Less losses on risks reinsured in companies authorized in
Georgia 1227 04
Net losses incurred 19238 11
CALEDONIAN FIEE INSURANCE COMPANY OF NEW YORK CITY
Chas H Post U S Manager R C Christopher Asst IT S Manager
W Floyd Johnson Atlanta Ga Attorney for Service
ICapital Stock
1 Deposit capital pursuant to laws of Georgia
deposited in New York and Ohio 325000 00
2 Amount of ledger assets as per balance December 31 of
previous year 2190916 87
IIIncome
3 Gross premiums 2335248 24
6 Return premiums 915604 61
7 Total premiums other than perpetual 1419643 57
11 Gross interest on bonds and dividends on
stocks less 26355 accrued interest on
bonds acquired during 1913 58563 93
12 Gross interest on deposits in trust compa
nies and banks 1807 2850
ComptrollerGenerals Report
16 Gross rents from companys property in
cluding 434163 for companys occupan
cy of its own buildings
35664 13
17 Total gross interest and rents 96035 34
27 Gross profit on sale or maturity of ledger assets viz
Bonds 84 40
29 Total income 1515763 31
IIIDisbursements
1 Gross amount paid policyholders for losses
including 11750866 occurring in pre
vious years 916537 20
2 Deduct amount received for salvage fire
520731 reinsurance fire 21688447
discount fire 47416
222565 94
Net amount paid policy holders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 1534659 and expenses 2047595 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Eents including 434163 for companys occupany of its
own buildings
Advertising 123051 printing and stationery 1080921
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assessments
fees taxes and expenses
Inspections and surveys
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes
Federal corporation tax
County and municipal licenses and taxes 7665 77
23 Other disbursements
24 Office expenses and miscellaneous 3174 61
38 Agents balances charged off
38i Remitted to home office
10
11
12
13
14
15
16
17
18
19
20
21
693971 26
45825 55
316976 88
35822 54
94107 38
9829 16
12039 72
11664 31
472 46
517 43
6423 40
19425 87
8962 66
5737 34
15328 06
7692 50
23615 05
7303 23
760 29
295 32
113716 09
41 Total disbursements 1441326 88ComptrollerGenerals Report 51
IVLedger Assets
1 Book value of real estate 439510 58
4 Book value of bonds 92936164 and
stocks 48206947 1411431 11
5 Cash in companys office 452 05
6 Deposit in trust companies and banks not
on interest 5128 18
7 Deposit in trust companies and banks on
interest 131388 38
8 Agents balances representing business writ
ten subsequent to October 1 1913 262897 51
9 Agents balances representing business writ
ten prior to October 1 1913 3864 01
13 Reinsurance due on losses paid 10781 48
16 Total ledger assets 2265353 30
NonLedger Assets
18 Interest due and accrued 9830 37
25 Market value of real estate over book value 85489 42
30 Gross assets 2360673 09
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 3864 01
39 Bonds and stocks 106151 11
40 Reinsurance due on losses paid in unauthor
ized companies 212 87
41 Total admitted assets 2250445 10
VLiabilities
1 Gross losses adjusted and unpaid due 6
57436 not yet due 3407247 40646 83
2 Gross claims for losses in process of adjust
ment or in suspense plus 579679 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 114659 78
3 Gross claims for losses resisted 15380 47
4 Total 170687 08
5 Deduct reinsurance due or accrued 44171 8452
ComptrollerGenerals Report
8 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 278261745 unearned pre
miums per recapitulation
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year in this
statement
24 Reserve for contingencies
126515 24
1450322 45
2000 00
25000 00
10000 00
26 Total amount of all liabilities except capital 1613837 69
28 Surplus over all liabilities 036 607 41
29 Surplus as regards policyholders 636 607 41
30 Total liabilities 2 250 445 10
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement
2 Written or renewed during the year
302120483 2323770 13
212708057 2335248 24
4 Total
5 Deduct those expired and marked off as
terminated
514828540 5568023 37
194474635 2156835 20
ti In force at the end of the year 320353905 3411188 17
7 Deduct amount reinsured 54 928402 628 570 7
8 Net amount in force 265425503 2782617 45
Businesss in the Stale of Georgia During the Year
27 Gross risks written
Less 383718 risks cancelled and 215772 reinsurance in
companies authorized in Georgia
Net risks written
28 irons premiums on risks written
Less 409982 return premiums and 447981 premiums
for insurance in companies authorized in Georgia
Net premiums received
29 Losses paid deducting salvage
Less losses on risks reinsureI in companies authorized in
Georgia
1623598 00
639490 00
984108 00
24096 02
8579 63
15516 39
12057 14
775 11ComptrollerGenerals Report
53
Net losses paidi
30 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
11282 03
12736 11
435 45
12300 66
THE CAMDEN FIRE INSURANCE ASSOCIATION OF CAMDEN N J
Edmund E Bead Jr President Joseph K Sharp Secretary
Dan B Harris Atlanta 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
Dec 31 of previous years 2934867 98
4 Extended at 2934867 98
IIIncome
5 Gross premiums 2403705 97
6 Deduct reinsurance premiums fire 296
578 96 return premiums fire 528
85370 total 825431 96
7 Total premiums other than perpetual 1578874 01
8 Deposit premiums written on perpetual risks gross
9 Gross interest on mortgage loans less
11377 accrued interest on bonds ac
quired during 1913
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 65997 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
14 Philadelphia Underwriters Association
15 Eeinsurance bureau 6508 bills receiv
able 1598 total
38641 47
4043 58
82406 04
1298 95
3 15
997 70
81 0654 ComptrollerGenerals Report
16 Gross rents from companys property in
cluding 600000 for companys occu
pancy of its own buildings 6283 15
Total 132757 40
Less interest on money borrowed 8152
on loss overdue 4771 total 129 23
17 Total gross interest and rents 132628 17
18 From other sources
19 Transfer fees on perpetual policies 18 00
20 Accident Policy on injury to employee 13 00
21 Borrowed on note 90000 00
26 Gross profit on sale or maturity of ledger assets viz
Real estate 65 25
28 Total income 1801996 13
IIIDisbursements
1 Gross amount paid policyholders for losses
including 13754403 occurring in pre
vious years
2 Deduct amount received for salvage fire
514991 reinsurance fire 16439369
discount fire 73619 total
1007506 32
170279 79
3 Net amount paid policyholders for losses 837226 53
4 Expenses of adjustment and settlement of losses 15790 83
5 Commissions or brokerage 402348 36
6 Allowances to local agencies for miscellaneous agency
expenses 5248 02
7 Salaries 994324 and expenses 1050271 of special
and general agents 20445 95
8 Salaries fees and all other charges of officers directors
trustees and home office employees 73308 36
9 Rents including 600000 for companys occupancy of its
own buildings 6484 47
10 Advertising 234148 printing and stationery 999297 12334 11
11 Postage telegrams telephone and express 8528 01
12 Legal expenses 1986 09
13 Furniture and fixtures 8432 03
14 Maps including corrections 7018 70
15 Underwriters boards and tariff associations 16876 88
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 5806 14
17 Inspections on surveys 3 143 72
18 Repairs and expenses other than taxes on real estate 2188 48ComptrollerGenerals Report 55
19 Taxes on real estate 920 81
20 State taxes on premiums 21665 70
21 Insurance department licenses and fees 7310 34
22 All other licenses fees and taxes Federal corporation
tax 171
City and county taxes 3970 11
Miscellaneour taxes 53 J
23 Other disbursements
24 Care of garden 29220 electric power 9422 386 42
25 Heating 391 50
26Lighting 62036
27 Office and janitors expenses 393 4
28 Printing equipment 2668 78
29 Travelling expenses of officers and clerks 1458 86
30 Subscriptions to publications 178 68
31 Paid on note 90000 00
32 All other expenses 1672 3o
33 Deposit premiums returned 429
34 Paid stockholders for interest or dividends amount de
clared during the year 6600000 65979 60
38 Agents balances charged off l
39 Gross loss on sale or maturity of ledger assets viz
Real estate 743 5o
Bonds 253091
41 Total disburs
ements 1629037 13
IVLedger Assets
1 Book value of real estate 105036 19
2 Mortgage loans on real estate 716525 00
3 Loans secured by pledge of bonds stocks
or other collateral 96070 00
4 Book value of bonds 137248381 and
stocks 47901390 total 1851497 71
5 Cash in companys oice 13 4o
6 Deposits in trust companies and banks not
on interest 1317 91
7 Deposits in trust companies and banks on
interest 82507 44
8 Agents balances representing business
written subsequent to Oct 1 1913 252143 08
9 Agents balances representing business
written prior to Oct 1 1913 1421 00
11 Bills receivable taken for fire risks 355 20
12 Other ledger assets viz
13 Cash deposit with Philadelphia Under
writers Association 56 CompteolleeGeneeals Repoet
14 Cash deposit with Western Sprinkler Risk
Association 500 00
15 Cash deposit with cotton insurance
Association 250 00
16 Total ledger assets 3107826 98
NonLedger Assets
17 Interest due 37225 and accrued 10
02374 on mortgages 10395 99
20 Interest accrued on bonds 18667 01
19 Interest accrued on collateral loans 504 73
18 Interest accrued on other assets bank
deposits 619 89
2i Total 30187 62
30 Gross assets 3138014 60
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 1 421 00
35 Deposit with Western Sprinkler Risk As
sociation 500 00
36 Deposit with Cotton Insurance Association 250 00
39 Eeal estate g 03g g
40 Bonds and stocks 73 401 74
41 Total admitted assets 3056405 70
VLiabilities
1 Gross losses adjusted and unpaid 411 77
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 receiv
ed on that date j6167 54
3 Gross claims for losses resisted 3 625 00
4 Total 165704 31
5 Deduct reinsurance due or accrued 22 620 93
6 Net amount of unpaid losses and claims 143 083 38CoMPTROLLERGrENERALS REPORT
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 268357407 unearned prem
iums per recapitulation 1409743 44
10 Total unearned premiums as computed above 1409743 44
11 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received 28028 73
16 Dividends declared and unpaid to stockholders 358 70
17 Salaries rents expenses bills accounts fees etc due or
accrued 1512 65
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 20000 00
24 Fund for future contingencies 40000 00
26 Total amount of all liabilities except capital 1642726 90
27 Capital actually paid up in cash 600000 00
28 Surplus over all liabilities 813678 80
29 Surplus as regards policyholders 1413678 80
30 Total liabilities 3056405 70
VIRisks and Premiums
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 256320414 2831120 96
2 Written or renewed during the year 160869443 2403705 97
3 Excess of original premiums over
amount received for reinsurance 11975 05
4 Total 417189857 524080198
5 Deduct those expired and marked off as
terminated 133230666 2165091 94
6 In force at the end of the year 283959191 3081710 04
7 Deduct amount reinsured 32531480 398135 97
8 Net amount in force 251427711 2683574 07
Business in the State of Georgia During the Year
27 Gross risks written 3921553 00
Less 74888600 risks cancelled and 58691500 reinsur
ance in companies authorized in Georgia 1335801 00
Net risks written 1985752 0058 ComptrollerGenerals Report
28 Gross premiums on risks written 35360 37
Less 643992 return premiums and 801506 premiums
for reinsurance in companies authorized in Georgia 14454 98
Net premiums received 20905 39
29 Losses paid deducting salvage 14288 96
Less losses on risks reinsured in companies authorized in
Georgia 4710 90
Net losses paid 9578 06
30 Losses incurred 14314 96
Less losses on risks reinsured in companies authorized in
Georgia 4710 96
Net losses incurred 9604 00
CITIZENS FIEE INSURANCE COMPANY OF BALTIMORE MARYLAND
R W Alexander President W W Alexander Secretary
B N Hughes Atlanta Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1034269 82
3 Increase of paidup capital during the year 455000 00
4 Extended at 1489269 82
IIIncome
5 Gross premiums 874769 87
C Deduct reinsurance premiums fire 193
18760 return premiums fire 15370146 346389 06
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust compa
nies and banks
14 Philadelphia underwriters deposit
15 Agents balance
17 Total gross interest and rents
528380 81
11076 63
39302 75
437 51
3 15
12 00
50827 04ComptrollerGenerals Report 59
18 From other sources
19 Paid in to surplus account 318500 00
20 Received from Augusta Fire Ins Co to discharge their
outstanding liabilities 29992 44
27 Gross increase by adjustment in book value of ledger as
sets viz Bonds 358541 Stocks 214440 5729 81
28 Totals income 933430 10
IIIDisbursements
1 Gross amount paid policy holders for losses
including 8541965 occurring in previous
years 431328 34
2 Deduct amount received for Salvage fire
149994 reinsurance fire 10549211 106992 05
117885 01
214 60
3 Net amount paid policyholders for losses 324336 29
4 Expenses of adjustment and settlement of losses 8514 15
5 Commission or brokerage less 4786783 reinsurance com
missions
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Salaries 695615 and expenses 4247062 of special and
general agents 49426 77
8 Salaries fees and all other charges of officers directors
trustees and home office employees 37121 50
9 Rents 3332
10 Advertising 223172 printing and stationery 704343 9275 15
11 Postage telegrams telephone and express 4677 71
12 Legal expenses
13 Furniture and fixtures 4021 32
15 Underwriters boards and tariff associations 5868 54
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3896 20
17 Inspections and surveys 1162 40
20 States taxes on premiums 8263 4o
21 Insurance department licenses and fees 6524 97
22 All other licenses fees and taxes
Municipal license 4376 14
State and county tax on assets 4399 11
Franchise tax 15 0
Fire marshall tax 593 20
Total 951845
23 Other disbursements
24 Stock sale expense 46022 55
25 Premiums on official bonds 97 5060 CompteolleeGenerals Repobt
26 Miscellaneous 1 709 09
27 Office sundries 519 70
28 Eeports and periodicals 249 96
29 Total 48998 00
34 Paid stockholders for interest or dividends amount declared
during the year 1750000 17500 00
38 Agents balances charged off 62 54
39 Gross loss on sale of maturity of ledger assets viz Bonds 13 20
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 19105 52
stoeks 3173 24
41 Total disbursements 687 846 68
IVLedger Assets
2 Mortgage loans on real estate first liens 203611 00
4 Book value of bonds 112255845 ami
stocks 11420640 1236764 85
5 Cash in companys office 5910 30
6 Deposits in trust companies and banks not
on interest 135792 60
7 Deposits in trust companies and banks on
interest 7485 69
8 Agents balances representing business writ
ten subsequent to October 1 1913 P25209 75
9 Agents balances representing business writ
ten prior to October 1 1913 8705 15
12 Other ledger assets viz Phila Und deposit 100 00
13 Richmond Va local board deposit 100 00
14 Eeins recoverable on outstanding losses of
Augusta Fire Ins Co 11 173 90
16 Total ledger assets 1734853 24
NonLedger Assets
17 Interest accrued on mortgages 2 805 29
20 Interest accrued on bonds 11 043 30
24 Totel 13848 59
30 Gross assets 1748701 83ComptrollerGenerals Report 61
Deduct Assets Not Admitted
34 Agents balances representing business written prior to Oc
tober 1 1913 8705 15
41 Total admitted assets 1739996 68
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 17635 95
2 Gross claims for losses in process of adjust
ment or in suspense of which no notice
had been received on that date 70349 78
4 Total 87985 73
5 Deduct reinsurance due or accrued 27352 44
6 Net amount of unpaid losses and claims 60633 29
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 429728 26
17 Salaries rents expenses bills Recounts fees etc due or
accrued 5214 88
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 10000 00
19 Contingent commissions or other charges due or accrued 823 13
23 All other liabilities viz Eeserve for the outstanding lia
bilities of Augusta Fire Ins Co 29992 44
26 Total amount of all liabilities except capital 536392 00
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 203604 68
29 Surplus as regards policyholders 1203604 68
30 Total liabilities 1739996 68
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
statement63159248 35 757121 90
2 Written or renewed during the year 74610128 00 874769 87
3 Excess of original premiums over amount
received for reinsurance 65000 57
4 Total 137769376 35 1696892 3462 ComptrollerGenerals Report
5 Deduct those expired and marked off as
terminated 58600666 12 686203 29
fi In force at the end of the year 79168910 23 1010689 05
7 Deduct amount reinsured 19246049 23 234762 84
8 Net amount in force 59922661 00 775926 21
Businesss in the State of Georgia During the Year
27 Gross risks written 8044014 00
Less 614830 risks cancelled and 1001158 reinsurance
in companies authorized in Georgia 1615988 00
Net risks written 6428026 00
28 Gross premium on risks written 102 436 13
Less 1018647 return premiums and 742393 premiums
for reinsurance in companies authorized in Georgia 17610 40
Net premiums received 84 g25 73
29 Losses paid deducting salvage 13 428 30
Less losses on risks reinsured in companies authorized in
Georgia 10 05
Net losses paid 13418 25
30 Losses incurred 15 234 47
Less losses on risks reinsured in companies authorized in
Georgia n 30
Net losses incurred 15 223 17
CITIZENS INSURANCE COMPANY OF MISSOURI
Home Office Pierce Building St Louis Mo
Charles E Chase President p o Crocker 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 876680 55
4 Extended at 876680 55ComptrollerGenerals Report 63
IIIncome
Fire Marine Inland
5 Gross premiums 189282316 2976 82
6 Deduct Reinsurance pre
miums fire 113145761
return premiums fire
599900 1437456 61 391 42
7 Total premiums other than
perpetual 455366 55 2585 40 45795195
9 Gross interest on mortgage loans 5360 00
11 Gross interest on bonds and dividends on
stocks 25596 57
12 Gross interest on deposits in trust compa
nies and banks 1238 58
17 Total gross interest and rents 32195 15
18 From other sources
19 Conscience money 33 59
25 From agents balances previously charged off 12 61
28 Total income 490193 30
IIIDisbursements
1 Gross amount paid policy
holders for losses includ
ing 19316516 occurring
in previous years 1178809 54 3986 28
2 Deduct amount received
for Salvage fire 11
69471 reinsurance fire
84004961 851744 32
3 Net amount paid polieyhold
era for losses 327065 22 3986 28 33105150
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 1064974 and expenses 1136027 of special and
general agents
8 Salaries fees and all other eharges of officers directors
trustees and home office employees
9 Rents
10 Advertising 48231 printing and stationery 218166
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
6841 02
85069 95
22010 01
9219 04
1847 77
2693 97
2693 58
263 97
211 89
64 ComptrollerGenerals Report
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salve corps assessments
feees 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 Municipal and county
taxes and feees
23 Other disbursements
24 Commercial ratings IgO 37
25 Ice water and toilet supplies 147 25
26 Insurance on companys interests 6187
27 Newspapers and periodicals 31 26
32 Total
34 Paid stockholders for interest or dividends amount declared
during the year 2300000
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz Bonds
41 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens i700 00
4 Book value of bonds 43516875 and
stock 82500 495 99 75
6 Deposits in trust companies and banks not
on interest 4 54 99
7 Deposits in trust companies and banks 011
interest 81548 32
8 Agents balances representing business writ
ten subsequent to October 1 1913 162452 96
9 Agents balances representing business writ
ten prior to October 1 1913 2456 88
16 Total ledger assets
NonLedger Assets
17 Interest due ami accrued on mortgages 664 41
is Interest due and accrued on bonds 7686 66
21 Totaljj
30 Gross assets
372 SO
7941 43
2837 01
567 15
0906 57
3604 12
4567 99
400 75
23000 00
40 93
3062 50
519173 95
847699 90
8351 07
856050 97CompteoLLebGtEnebals Repobt 65
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 2456 88
38 Book value of ledger assets over market
value viz Bonds 42753 75
40 Total 45210 63
41 Total admitted assets 810840 34
VLiabilities
1 Gross losses adjusted and unpaid 58981 33
2 Gross claims for losses in process of adjust
ment or in suspense plus 10000 reserve
for losses incurred prior to December 31
of which no notice had been received on
that date 87898 00
3 Gross claims for losses resisted 18563 97
4 Total 165443 30
5 Deduct reinsurance due or accrued 125072 47
6 Net amount of unpaid losses and claims 40370 83
7 Gross premiums less reinsurance received
and receivable upon all expired fire risks
77064824 unearned premiums per reca
pitulation 405347 88
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
282128 unearned premiums fifty per
cent 1410 64
10 Total unearned premiums as computed above 406758 52
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 4500 00
26 Total amount of all liabilities except capital 451629 35
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 159210 99
29 Surplus as regards policyholders 359210 99
30 Total liabilities 810840 3466
ComptrollerGenerals Report
VIRisks and Premiums
Fire Risks Premiums Thereon
In force December 31 1912 249786024 2880527 89
Written or renewed during the year 162067971 1892823 16
Totals 411853995 477335105
Deduct those expired and marked off as termi
nated 200294391 2374807 46
In force at the end of year 1913 211559598 2398543 59
Deduct amount reinsured 139502091 1627895 35
Net amount in force December 31 1913 72057507 770648 24
Businesss in the State of Georgia During the Year
27 Gross risks written 4 261 002 00
Less 893649 risks cancelled and 423812 reinsurance in
companies authorized in Georgia l 317 461 00
Net risks written3
28 Gross premiums on risks written
Less 1015651 return premiums and 915592 premiums
for reinsurance in companies authorized in Georgia
Net premiums received
29 Losses paid deducting salvage
Net losses on risks reinsured in companies authorized in
Georgia
Net losses paid
30 Losses incurred
Net losses on risks reinsured in companies authorized in
Georgia
2943541 00
69142 55
19312 43
49830 12
56322 69
3584 26
52738 43
43420 07
3785 81
Net losses incurred 39 534 ogComptrollerGenerals Eeport 67
CITY OF NEW YORK INSURANCE COMPANY OF NEW YORK
Major A White President J Carroll French Secretary
William H Rhett Atlanta Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1551281 38
3 Increase of paidup capital during the year 80000 00
4 Extended at i631281 38
IIIncome
5 Gross premiums 1201213 80
6 Deduct Reinsurance premiums fire 322
48321 return premiums fire 25117106 573654 27
7 Totals premiums other than perpetual 627559 53
9 Gross interest on mortgage loans 10427 78
11 Gross interest on bonds and dividends on
stocks less 32950 accrued interest on
bonds acquired during 1913 43 944 61
12 Gross interest on deposits in trust compa
nies and banks 449 58
17 Total gross interest and rents 55 871 87
18 From other sources
19 Surplus paid in by stockholders acquiring new stock at
price of 200 per share 80000 00
25 From agents balances previously charged off 37 97
27 Gross increase by adjusthent in book value of ledger as
sets viz Bonds 140 62
Stocks 391 81
28 Total income 764001 80
IIIDisbursements
1 Gross amount paid policyholders for losses
including 6110131 occurring in previous
year 590519 35
2 Deduct amount received for Salvage fire
518786 reinsurance fire 20833607
discount fire 57814 214102 0768 ComptrollerGenerals Report
3 Net amount paid polieyholders for losses 376417 28
4 Expenses of adjustment and settlement of losses 7989 15
5 Commissions or brokerage 118639 55
7 Salaries 934659 and expenses 643950 of special and
general agents 15786 09
8 Salaries fees and all other charges of officers directors
trustees and home office employees 71981 46
9 Rents 12496 16
10 Advertising 60632 printing and stationery 457731 5183 63
11 Postage telegrams telephone and express 5198 09
12 Legal expenses 415 17
13 Furniture and fixtures 618 78
14 Maps including corrections 3792 01
15 Underwriters boards and tariff associations 8680 81
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 6287 63
17 Inspections and surveys 2849 94
20 State taxes on premiums 13821 84
21 Insurance department licenses and feees 4605 11
22 All other licenses fees and taxes Municipal licenses and
taxes 2584 13
24 Mercantile reports 1210 00
25 Sundry office expenses 479 84
34 Paid stockholders for interest or dividends amount declared
during the year 50000 50000 00
38 Agents balances charged off 446 93
39 Gross loss on sale or maturity of ledger assets viz Bonds 750 00
Stocks 4243 50
41 Total disbursements 714477 10
IVLedger Assets
2 Mortgage loans onreal estate first liens 272250 00
4 Hook value of bonds 32354625 and stocks
72055413 1044100 38
5 Cash in companys office 6553 13
6 Deposits in trust companies and banks not
on interest 7154 66
7 Deposits in trust companies and banks on
interest 196051 53
8 Agents balances representing business writ
ten subsequent to October 1 1913 151125 46
9 Agents balances representing business writ
ten prior to October 1 1913 3570 92
16 Total ledger assets 1680806 08ComptrollerGenerals Report 69
NonLedger Assets
17 Interest accrued on mortgages 3689 37
20 Interest accrued on bonds 4282 32
24 Total 7971 69
30 Gross assets 1688777 77
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 3570 92
38 Book value of ledger assets over market
value 129000 38
39 Total 132571 30
41 Total admitted assets 1556206 47
VLiabilities
1 Gross losses adjusted and unpaid due 1
441 not yet due 9200 10641 00
2 Gross claims for losses in process of adjust
ment or in suspense plus 2159 reserve
for losses incurred prior to December 31
of which no notice had been received on
that date 87779 00
3 Gross claims for losses resisted 13600 00
4 Total 112020 00
5 Deduct reinsurance due or accrued 96744 17
6 Net amount of unpaid losses and claims 15275 83
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 114273317 unearned pre
miums per recapitulation 610441 17
16 Dividends declared and unpaid to stockholders 12500 00
17 Salaries rents expenses bills accounts fees etc due or
accrued 1000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 7500
21 Reinsurance and return premiums due other companies 52043 25
26 Total amount of all liabilities except capital 698760 25
27 Capital actually paid up in cash 580000 00
28 Surplus over all liabilities 277446 2270 ComptrollerGenerals Report
29 Surplus as regards polieyholders 857 446 22
30 Total liabilities 1556206 47
VIRisks and Premiums
1 In force on the 31 day of December as per line 6 under
this heading in last year s statebent 1546234 99
2 Written or renewed during the year 1201213 80
i
4 Total 2747448 79
5 Deduct those expired and marked off as terminated 1023537 45
6 In force at the end of the year 1723911 34
7 Deduct amount reinsured 581178 17
8 Net amount in force 1 142 733 17
Businesss in the State of Georgia During the Year
27 Gross risks written 1 717 114 00
Less 257947 risks cancelled and 55666 reinsurance in
companies authorized in Georgia 313 613 00
Net risks written 1403501 00
28 Gross premiums on risks written 28 529 38
Less 322935 return premiums and 54017 premiums for
reinsurance in companies authorized in Georgia 3769 52
Net premiums received 24 759 86
Net losses paid 7711 86
Net losses incurred 10564 86
COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GEORGIA
J Y Carithers President Langdon C Quin Secretary
Langdon Quin Athens 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
Dec 31 of previous years 203019 56
4 Extended at 203019 56ComptrollerGenerals Beport
IIIncome
5 Gross premiums 112199 61
6 Deduct reinsurance premiums fire 15
23881 return premiums fire 1903895
total 34277 76
7 Total premiums other than perpetual
9 Gross interest on mortgage loans 240 00
10 Gross interest on collateral loans 492 00
11 Gross interest on bonds and dividends on
stocks G217 08
17 Total gross interest and rents
28 Total income
71
77921 85
6949 08
84870 93
IIIDisbursements
1 Gross amount paid policyholders for losses
including 451700 occurring in pre
vious years
2 Deduct amount received for salvage fire
6559 reinsurance fire 1348021
59006 11
13545 80
3 Net amount paid policyholders for losses 45 460 31
4 Expenses of adjustment and settlement of losses 1226 22
5 Commissions or brokerage less 4i38016 reinsurance
commissions 18 419 11
6 Allowances to local agencies for miscellaneous agency
expenses J2 55
7 Salaries 192932 and expenses 320140 of special and
general agents 5130 72
8 Salaries fees and all other charges of officers directors
trustees and home office employees 6 707 50
9 Rents 1021 53
10 Advertising 70644 printing and stationery 104442 1750 86
11 Postage telegrams telephone and express 731 23
3 Furniture and fixtures 70 42
14 Maps including corrections 299 15
20 State taxes on premiums 288 31
21 Insurance department licenses arid fees 200 50
22 All other licenses fees and taxes Agency taxes 1071 87
23 Other disbursements Exchange 9 80
25 General expenses 1089 96
41 Total disbursements 83490 0672
ComptrollerGenerals Report
IVLedger Assets
2 Mortgage loans on real estate 8350 00
3 Loans secured by pledge of bonds stocks
or other collateral 32746 00
4 Book Value of bonds 12864600 and
stocks 40000 total 129046 00
5 Cash in companys office 95 60
6 Deposits in trust companies and banks not
on interest 12120 93
8 Agents balances representing business
written subsequent to Oct 1 1913 19933 36
9 Agents balances representing business
written prior to Oct 1 1913 1366 32
13 Accounts receivable 742 22
16 Total ledger assets 204400 43
NonLedger Assets
17 Interest due 142746 and accrued 10000
on mortgages
19 Interest due 389301 and accrued 1036
on collateral loans
18 Interest accrued on other assets
1527 46
3903 43
993 81
24 Total
6424 70
30 Gross assets 210825 13
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 1366 32
40 Accounts receivable 742 72
Total
41 Total admitted assets
2108 54
208716 59
VLiabilities

4 Total
5 Deduct reinsurance due or accrued
12178 20
2706 00
6 Net amount of unpaid losses and claims
10 Total unearned premiums as computed above
9472 20
59068 89ComptrollerGenerals Report 73
17 Salaries rents expenses bills accounts fees etc due or
accrued 233 17
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 64 87
21 Reinsurance and return premiums due other companies
net 1817 04
26 Total amount of all liabilities except capital 70656 17
27 Capital actually paid up in cash 100000 00
28 Surplus over all liabilities 38060 42
29 Surplus as regards policyholders 138060 42
30 Total liabilities 208716 59
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 420110100 87723 17
2 Written or renewed during the year 6034798 00 112199 61
4 Total 10235899 00 199922 78
5 Deduct those expired and marked off as
terminated 4310978 00 78247 83
6 In force at the end of the year 5924921 00 121674 95
7 Deduct amount reinsured 762318 00 14681 65
8 Net amount in force 5162603 00 106993 30
Business in the State of Georgia During the Year
27 Gross risks written 6034798 00
Less 1226483800 risks cancelled and 76231800 re
insurance in companies authorized in Georgia 2027156 00
Net risks written 4007642 00
28 Gross premiums on risks written 112199 61
Less 1903895 return premiums and 1468165 prem
iums for reinsurance in companies authorized in Ga 33720 60
Net premiums received 78479 0174 ComptrollerGenerals Report
29 Losses paid deducting salvage 58940 52
Less losses on risks reinsured in companies authorized in
Georgia 13480 21
Net losses paid 45460 31
30 Losses incurred 62471 17
Less losses on risks reinsured in companies authorized in
Georgia 14686 21
Net losses incurred 47781 96
THE COMMERCIAL FIRE INSURANCE COMPANY OF THE DISTRICT
OF COLUMBIA
Robert R Tuttle President Paul V drove John McKee Secretaries
AV I Harris Atlanta Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 466338 75
2 Amount of ledger assets as per balance
December 31 of previous year 913488 23
3 I ncrease of paidup capital during the year 35548 75
4 Extended at 949036 98
IIIncome
5 Gross premiums 420336 54
6 Deduct Reinsurance premiums fire 169
93920 return premiums fire 14025001 310189 81
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less 4150
accrued interest on bonds acquired during
1913
11 Gross interest on bonds and dividends on
stocks less 24550
12 Gross interest on deposits in trust compa
nies and banks
13 Gross interest from all other sources
16 Gross rents from companys property in
cluding 381355 for companys oecup
pancy of its own buildings
17 Total gross interest and rents
110146 73
10882 04
7879 50
396 49
46 70
71101 98
90306 71ComptrollerGenerals Eeport
75
18 From other sources
19 Contributed surplus
20 Commission on loans
21 From interest in Southern Bldg stock
22 From payments on installment subs to stock
23 From settlement with former general agents
24112 25
183 00
270 99
18753 25
4459 29
Total
25 Increase in rent from sale of industrial department
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses 274378 28
2 Deduct amount received for Salvage fire
81126 reinsurance fire 9457758
discount fire 4497 95 433
3 Net amount paid policy holders for losses3
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Salaries and 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 printing and stationery
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspection and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses feees and taxes
Federal corporation tax 32 51
City and county licenses taxes and fees 1959 80
Total
23 Other disbursements Interest on mortgages
on real estate
47778 78
16000
248392 22
178944 47
5205 03
18603 79
9915 83
7047 78
35943 10
3813 55
13089 31
3316 22
968 10
1788 76
746 38
1130 08
398 41
198 78
17538 73
6502 26
5199 14
4537 32
1992 31
25000 0076
24
25
26
27
28
29
30
31
32
38
41
4
9
12
13
16
17
20
IS
23
24
27
30
ComptrollerGenerals Report
Advisory directors fees 171 34
Exchange 245 ins pub 32588 notary
etc 21100 539 33
Settlement ThompsonStarrett suit 3750 00
Advertising 18 00
Return of advances and bond dep ind dep 108 69
Commission and expenses sale of stock 534 60
Miscellaneous home office expense 2811 60
Expense of congressional investigation 20262 29
Transferred to fullpaid capital and surplus
from partpaid capital 40192 13
Total 103387 98
Agents balances charged off 84 53
Total disbursements 420351 86
IVLedger Assets
Book of real estate less 65000000 incum
brances 350000 00
Mortgage loans on real estate all first liens 106500 00
Book value of bonds 211988 92
Cash in companys office 150 deposits in
trust companies ttnd banks not on interest
4094216 41092 16
Agents balances representing business writ
ten subsequent to October 1 1913 45062 34
Agents balances representing business writ
ten prior to October 1 1913 18840 45
Other ledger assets viz Deposits in under
writers boards 150 00
Cash in hands of rental agent 3443 47
Total ledger assets 777077 34
NonLedger Assets
Interest due 37901 and accrued 153389
on mortgages 1912 89
Interest accrued on bonds 3410 83
Interest on other assets Bank deposits 34 16
Rents mi companys property or lease 4171 49
Total 9529 37
Other noneldger assets viz Notes receivable 167 13
Gross assets 786773 84OompteollebGeneeals Bepoet
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 18840 45
38 Book value of ledger assets over market
value viz Bonds 8223 92
39 Notes receivable and uncollectible rents 521 99
77
Total
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid i
2 Gross claims for losses in process of adjust
ment or in suspense plus 416221 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date
3816 05
49709 95
4 Total
5 Deduct reinsurance due or accrued
53586 00
19788 35
6
7
15
17
18
19
22
23
24
25
Net amount of unpaid losses and claims
Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 23762001 unearned pre
miums per recapitulation
Interest due or accrued including 472910 on borrowed
money
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
Contingent commissions or other charges due or accrued
Due First National Insurance Company
All other liabilities viz Taxes accrued on real estate
Reserve for uncollectible agents balances
Unpaid expenses on real estate
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 466
33875 part paid 839053 474729 28
28 Surplus over all liabilities 100497 81
29 Surplus as regards policyholders
30 Total liabilities
27586 36
759187 48
33797 05
131119 32
4729 10
1052 00
2500 00
480 59
1819 50
3251 16
4459 29
751 78
183960 39
575227 09
759187 4878
ComptrollerGenerals Beport
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
2 Written or renewed during the year
3 Excess of original premiums over amount
received for reinsurance
25630950 336532 45
35475895 420336 54
618 24
4 Total
5 Deduct those expired and marked off as
terminated
61106845 757487 23
32340828 404468 01
6 In force at the end of the year 287436017 353 019 22
7 Deduct amount reinsured 8527946 115 399 21
8 Net amount in force 20238071 237620 01
Business in the State of Georgia During the Year
27 Gross risks written 1502300 00
Less 912300 risks cancelled and 1384900 reinsurance in
companies authorized in Georgia 2 297 200 00
Net risks written 794900 00
28 Gross premiums on risks written 21 182 44
Less 1287195 return premiums and 1952774 premiums
for reinsurance in companies authorized in Georgia 32 399 69
Net premiums received n 217 25
20 Losses paid deducting salvage 30 224 54
Less losses on risks reinsured in companies authorized in
Georgia 17769 33
Net losses paid g
30 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
12455 21
33192 54
18787 99
Net losses incurred
14404 55ComptrollerGeneral s Report
79
COMMERCIAL UNION ASSURANCE COMPANY LTD OF
LONDON ENGLAND
A H Wray Manager
D I Mclntyre Atlanta Attorney for Service
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in New York 200000 00
2 Amount of ledger assets as per balance December 31
previous years 7573211 62
IIIncome
3 Gross premiums 7755864 54
4 Deduct reinsurance premiums fire 1132
54963 marine and inland 65163253
return premiums 117790121 marine
and inland 6806386 total 3030147 23
7 Total premiums other than perpetual 4725717 31
8 Deposit premiums written on perpetual risks gross 503 70
9 Gross interest on mortgage loans 3678 20
11 Gross interest on bonds and dividends on
stocks less 128091 aecrued interest on
bonds acquired during 1913 223397 27
12 Gross interest on deposits in trust com
panies and banks 7246 20
13 Gross interest from all other sources
Bills receivable 4 32
16 Gross rents from companys property 65546 42
17 Total gross interest and rents
24 Remittance from home office
299872 41
341327 76
29 Total income 5367421 18
IIIDisbursements
1 Gross amount paid policyholders for losses
including 53113228 occurring in pre
vious years 3502740 14
2 Deduct amount received for salvage fire80
ComptrollerGeneral s Report
2407225 marine and inland 72
75966 reinsurance fire 50783439
marine and inland 41594230 total
1020608 60
3 Net amount paid policykolders for losses 2482131 54
4 Expenses of adjustment and settlement of losses 68011 65
5 Commissions or brokerage 1147189 75
6 Allowances to local agencies for miscellaneous agency
expenses 8583 73
7 Salaries 5795502 and expenses 4573976 of special
and general agents 103694 78
8 Salaries fees and all other chaTges of officers directors
trustees and home office employees 198822 95
ft Rents 26234 56
10 Advertising 542198 printing and stationery 4201201 47433 99
11 Postage telegrams telephone and express 22333 79
12 Legal expenses 2499 67
13 Furniture and fixtures 4904 99
14 Maps including corrections 7251 56
15 Underwriters boards and tariff associations 49071 37
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 32739 72
17 Inspections and surveys 21027 11
18 Repairs and expenses other than taxes on real estate 24678 17
19 Taxes on real estate 17376 50
20 State taxes on premiums 83619 94
21 Insurance department licenses and fees 14785 89
22 All other licenses fees and taxes Federal corporation
tax 6822 53
State county and municipal licenses and fees 9625 71
Franchise tax 4245 92
23 Other disbursements Remittance to homo office 959493 89
27 Exchange 4360 15
33 Deposit premiums returned 2513 00
38 Agents balances charged off 15098 82
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 6918 41
41 Total disbursements 5371470 09
IVLedger Assets
1 Book value of real estate 698163 62
2 Mortgage loans on real estate 29000 00
4 Book value of bonds 506489307 and stocks 132
35498 total 5197248 03
5 Cash in companys office 1323 84
6 Deposits in trust companies and banks not
on interest 75117 80ComptrollerGenerals Report II
7 Deposits in trust companies and banks on
interest 433070 88
8 Agents balances representing business
written subsequent to October 1 1913 1103497 66
9 Agens balances representing business
written prior to Oct 1 1913 31019 26
11 Bills receivable taken for fire risks 716 60
16 Total ledger assets 7569162 71
NonLedger Assets
17 Interest accrued on mortgages 169 58
18 Interest accrued on bonds 72255 00
23 Rents accrued on companys property or
lease 8899 00
24 Total 81323 58
25 Market value of real estate over book value 189836 38
30 Gross assets 7840322 67
Deduct Assets Not Admitted
35 Bills receivable past due taken for ma
rine inland and fire risks 31019 26
36 Loans on personal security endorsed or
not 716 60
40 Bonds and stocks 366653 05
Total 398388 91
41 Total admitted assets 7441933 76
VLiabilities
1 Gross losses adjusted 78747 53
2 Gross claims for losses in process of ad
justment or in suspense plus 1907053
reserve for fosses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 586211 80
3 Gross laims for losses resisted 49660 87
4 Total 714620 20
5 Deduct reinsurance due or accrued 131291 72
6 Net amount of unpaid losses and claims 58332 4882 ComptrollerGenerals Report
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 786715065 unearned prem
iums per recapitulation 4085003 08
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
3879045 unearned premiums fifty
Per cent 19395 23
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 13365262
unearned premiums 8547631 at 50
per cent 4273816 4817631 at 100
per cent 4817631 total 90914 47
10 Total unearned premiums as computed above 4195 312 78
11 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received g 9qq no
17 Salaries rents expenses bills accounts fees etc due or
accned 2410 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of iius statement 90j000
19 Contingent commissions or other charges due or accrued 15300 00
26 Total amount of all liabilities except capital 4973550 34
28 Surplus over all liabilities 2468373 49
30 Total liabilities 7j441933 76
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 776963556 00 7957003 80
2 Y ntton or renewed during the year 630180137 6301790 70
3 Excess of original premiums over
amount received for reinsurance 275 835 93
t tal 1407143693 14534630 43
5 Deduct those expired and marked off as
terminated 523870857 5639251 54
6 Tn force at the end of the year 883272836 8895 378 89
7 Deduct amount reinsured 122777454 1028228 24ComptrollerGenerals Report 83
8 Net amount in force 760495382 7867150 65
9 Perpetual risks not included above 454444500 deposit
premiums on same 96898 98
THE COMMONWEALTH INSURANCE COMPANY OF NEW YORK
E G Richards President Robert Newbault Secretary
Frank H Reynolds Atlanta Ga Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2621097 02
4 Extended at 2621097 02
IIIncome
5 Gross premiums 1543971 50
6 Deduct Reinsurance premiums fire 373
89466 return premiums fire 29662817 670522 83
7 Total premiums other than perpetual 873448 69
9 Gross interest on mortgage loans 15187 50
11 Gross interest on bonds and dividends on
stocks less 157902 accrued interest on
bonds acquired during 1913 91498 48
12 Gross intereston deposits in trust companies
and banks 539 97
13 Gross interest from all other sources Inter
est on deferred payments of interest on
mortgages 16 34
14 Interest on deferred payments of agency
balances 3 86
15 Western Adjustment and Inspection Co 12 00
17 Total gross interest and rents 107258 15
25 From agents balances previously charged off 20 32
26 Gross profit on sale or maturity of ledger assets viz Bonds
7875 stocks 110162 1180 37
28 Total income 981907 5384
ComptrollerGenerals Report
IIIDisbursements
1 Gross amount paid policyholders for losses
including 10637264 occurring in pre
vious years 638104 98
2 Deduct amount received for Salvage fire
454957 reinsurance fire 18002473 184574 30
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 ex
penses
7 Salaries 1792202 and expenses 1702377 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 73378 printing and stationery 1067256
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
Federal corporation tax 2259 30
Municipal licenses and fees 4891 15
Legal publications 528 19
Total
34 1aid stockholders for interest or dividends amount de
clared during the year 50000
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz Stocks
40 Gross decrease by adjustment in book value of ledger as
sets viz Stocks
41 Total disbursements i
453530 68
8043 06
188146 07
4631 50
34945 79
23808 70
8012 bl
11406 34
6805 1
511 00
1016 08
865 71
13709 99
5518 54
962 05
16091 31
6147 87
7678 64
50000 00
290 07
2137 51
1101 62
845363 91ComptrollebGeneeals Report 85
IVLedger Assets
2 Mortgage loans on real estate first liens 307100 00
4 Book value of bonds 140711946 and
stocks 82757290 2234692 36
5 Cash in companys office 200 00
7 Deposits in trust companies and banks on
interest 68557 93
8 Agents balances representing business writ
ten subsequent to October 1 1913 13855614
9 Agents balances representing business writ
ten prior to October 1 1913 7154 48
12 Other ledger assets viz Western Adj and
Insp Co 200 00
t6 Reinsurance recoverable on paid losses 1374 88
14 Reinsurance recoverable on paid adjustments 5 35
16 Total ledger assets 2757640 64
NonLedger Assets
17 Interest due 675 and accrued 261918
on mortgages 3294 18
20 Interest accrued 1584832 on bonds 15848 32
24 Total 19A42 50
30 Gross assets 2776783 14
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 7154 48
38 Book value of ledger assets over market
value 136361 36
40 Total 143515 34
11 Total admitted assets 2633267 30
VLiabilities
1 Gross losses adjusted and unpaid 17049 00
2 Gross claims for losses in process of adjust
ment or in suspense plus 1377 reserve
for losses incurred prior to December 3186
ComptrollerGenerals Report
of which no notice had been received on
that date
3 Gross claim for losses resisted
68130 58
11839 26
4 Total
5 Deduct reinsurance due or accrued
97018 84
20886 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 162609903 unearned pre
miums per recapitulation
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
76132 84
840854 18
840854 18
1500 00
30000 00
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 1184 780 28
948487 02
29 Surplus as regards policyholders 1 684 780 28
30 Total liabilities g o 330 037 30
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
2 Written or renewed during the year
220823297 1961107 82
18503362 1543971 52
4 Total
5 Deduct those expired and marked off as
terminated
405856918 3505079 34
173142397
1435204 85
6 In force at the end of the year
7 Deduct amount reinsured
232714521 2069874 49
49227042 443775 46
Net amount reinsured 183478479 1626099 03
Business in the State During the Year
27 Gross risks written
Less 350654 risks cancelled and 522232 reinsurance i
companies authorized in Georgia
Net risks written
1753271 00
872886 00
880385 00CompteolleeGteneeals Repoet 87
28 Gross premiums on risks written 19154 39
Less 365421 return premiums and 603361 premiums
for reinsurance in companies authorized in Georgia 9687 82
Net premiums reecived 9466 57
29 Losses paid deducting salvage 3516 46
Net losses paid 1081 64
30 Losses incurred 9268 46
Net losses incvirred 3303 64
THE CONCOEDIA FIEE INSUEANCE COMPANY OF MILWAUKEE
WISCONSIN
Gustav Wollaeger Jr President Frank Darnkoehler Secretary
Langden C Quin 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 years 2374323 31
4 Extended at 2374323 Si
llIncome
5 Gross premiums 1846926 14
6 Deduct reinsurance premiums Are 433
22959 return premiums fire 303
79095 total 737020 54
7 Total premiums other than perpetual 1109905 60
9 Gross interest on mortgage loans less
183 accrued interest on bonds acquired
during 1913 48337 47
11 Gross interest on bonds and dividends on
stocks less 30208 accrued interest on
bonds acquired during 1912 50426 00
12 Gross interest on deposits in trust com
panies and banks 409 8088
ComptrollerGenerals Report
14 Milwaukee Bd of Fire Und Milwaukee
Avis 4 00
15 Underwriters Salvage Co Chicago 111 18 00
17 Total gross interest and rents 99 195 27
18 From other sources Loan at Bank Second Ward Savings
Bank Milwaukee Wis 85 QOO 00
25 From agents balances previously charged off 532 59
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 85 00
28 Total income 1294718 40
IIIDisbursements
1 Gross amount paid policyholders for losses
including 12080849 occurring in pre
vious years 971946 84
2 Deduct amount received for salvage fire
912104 reinsurance Are 29642003
discount fire 129140 total 306832 47
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage including 1813775 on risks
of other companies reinsured less 12996888 rein
surance commissions
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 2637497 and expenses 1780025 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 114365 printing and stationery 1122899
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
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax
Municipal licenses
Local taxes
665114 37
12197 20
276910 7
1440 85
44175 22
47599 82
4950 00
12372 64
9349 02
3964 61
1022 91
4344 24
13382 40
13760 94
27414 47
6826 14
539 47
1313 91
14 01
75 00
27 00
517 60
30 45
795 27
98 30
610 85
328 90
3268 46
85000 00
554 16
50000 00
1286 74
938 90
29781 00
ComptrollerGeneral s Report 89
23 Other disbursements
24 Rent of deposit vault Second Ward Savings Bank
25 Premium on bond and cashier
26 Repairs of office and office sundries
27 Registers fees and recording mortgages
28 Donations
29 Merchants and manufacturers Association
30 Meals for clerks working overtime
31 Entertaining agents and special agents
32 Traveling and mileage of officers
32a Loan at Bank Second Ward Savings Bank Milwaukee
Wis
32b Interest paid bank on above loan
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 1330005 67
IVLedger Assets
2 Mortgage loans on real estate 971307 52
4 Book value of bonds 957623 08
5 Cash in companys office 5669 23
6 Deposits in trust companies and banks not
on interest 64702 41
7 Deposits in trust companies and banks on
interest 43423 64
8 Agents balances representing business
written subsequent to Oct 1 1913 288902 58
9 Agents balances representing business
written prior to Oct 1 1913 7407 64
16 Total ledger assets 2339036 10
NonLedger Assets
17 Interest accrued on mortgages 8076 36
18 Interest accrued on other assets 14367 49
22443 85
24 Total1
28 Due from other companies for losses paid
American Union Insurance Co Philadelphia Pa 2063 57
Balkan National Ins Co Sofia Bulgaria 9345 2090
ComptrollerGenerals Report
Boston Insurance Co Boston Mass 165 75
Commonwealth Fire Ins Co Dallas Texas 12 31
Empire City Fire Ins Co New York City 1 57
Firemens Insurance Co Washington D C 71 34
German Fire Insurance Co Pittsburgh Pa 81 55
Lumber Insurance Co New York City 554 56
Munich Reinsurance Co Munich Bavaria 442 74
National Lumber Insurance Co Buffalo N Y 981 48
30 Gross assets 2375200 02
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 7407 64
40 Ttal 7j407 64
41 Total admitted assets 2 367 792 38
VLiabilities
1 Gross losses adjusted and unpaid 31342 21
2 Gross claims for losses in process of ad
justment or in suspense plus 955670
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date yj 040 34
3 Gross claims for losses resisted 19 725 00
4 Total 144307 55
5 Deduct reinsurance due or accrued 46 466 81
6 Net amount of unpaid losses and claims 97 840 74
7 Cross premiums less reinsurance receiv
ed and receivable upon all unexpired
Are risks 215277973 unearned prem
iums per recapitulation 1120 145 81
10 Total unearned premiums as computed above 1120 145 81
17 Salaries rents expenses bills accounts tees etc due or
accrued None due or accrued
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement oq 000 0o
19 Contingent commissions or other charges due or accrued 57272 61ComptrollerGenerals Report
91
21
23
25
27
Reinsurance and return premiums due other companies 30583 26
All other liabilities viz Reserve for contingencies 10000 00
Total amount of all liabilities except capital 1345842 42
Capital actually paid up in cash 600000 00
Surplus over all liabilities 421949 96
29 Surplus as regards policyholders 1021949 96
30 Total liabilities 2367792 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 240365740 00 2692709 19
2 Written or renewed during the year 162939054 00 1846926 14
Total 403304794 00 4939635 33
Deduct those expired and marked off as
terminated 142725078 00 1730670 90
In force at the end of the year260579716 00 2808964 43
Deduct amount reinsured 51822702 00 656184 70
Net amount in force 208757014 00 2152779 73
Business in the State of Georgia During the Year
Gross risks written 686876 00
Less 4847500 risks cancelled and 1650000 reinsur
ance in companies authorized in Georgia 64975 00
28
Net risks written 621901 00
Gross premiums on risks written 9272 90
Less 102786 return premiums and 19741 premiums
for reinsurance in companies authorized in Georgia 1225 37
Net premiums received 8047 53
Net losses paid 18 42
Net losses incurred 1218 492
ComptrollebGekeeal s Eepoet
THE CONNECTICUT FIRE INSURANCE COMPANY
Edward Milligan President John A Gosmus Secretary
ICapital Stock
1 Amount of capital stock paid
up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 7741005 41
4 Extended at 7741005 41
IIIncome
5 Gross premiums 5314009 13
6 Deduct Reinsurance premiums fire 739
74165 return premiums fire 68633582 1426077 47
7 Total premiums other than perpetual 3
021 66
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 251236 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust companies
and banks
13 Gross interest from all other sources
14 Bills receivable etc
16 Gross rents from companys property in
cluding 816634 for companys occu
pancy of its own buildings
17 Total gross interest and rents
25 Prom agents balances previously charged off
26 Gross profit on sale or maturity of ledger
assets viz
Real estate
Bon i Is
Stocks
49027 73
2247 44
237179 92
4186 02
1520 91
8578 64
20100 00
352 50
9854 25
302722 66
226 99
Total
30206 75
28 Total income 4221178 06
IIIDisbursements
1 Gross amount paid policyholders for losses
including 31793234 occurring in pre
vious years
2601978 87ComptrollerGenerals Report 93
2 Deduct amount received for Salvage fire
1546042 reinsurance fire 41695542
discount fire 83601 433251 85
3 Net amount paid policyholders for losses 2168727 02
4 Expenses of adjustment and settlement of losses 35319 09
5 Commissions or brokerage 832635 44
6 Allowances to local agencies for miscellaneous agency ex
penses 14695 90
7 Salaries 10438567 and expenses 5982844 of special
and general agents 164214 11
8 Salaries fees and all other charges of officers directors
trustees and home office employees 228539 26
9 Rents including 816634 for companys occupancy of its
own buildings 31218 n
10 Advertising 1724222 printing and stationery 3487688 52119 10
11 Postage telegrams telephone and express 22581 60
12 Legal expenses 18680 81
13 Furniture and fixtures 4316 90
14 Maps including corrections 12950 27
15 Underwriters boards and tariff associations 28119 79
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 26743 90
17 Inspections and surveys 33069 30
18 Repairs and expenses other than taxes on real estate 266 27
19 Taxes on real estate 2377 05
20 State taxes on premiums 70619 43
21 Insurance department licenses and fees 20800 25
22 All other licenses fees and taxes
Federal corporation tax 3554 94
Municipal licenses and fees 6177 48
Stockholders tax 28710 80
Total 3M42 22
34 Paid stockholders for interest or dividends amount declared
during the year 180000 special dividend 750000 930000 00
38 Agents balances charged off 2199 76
39 Gross loss on sale or maturity of ledger assets viz
Real estate 1289 00
Bonds 45623 56
Total 1256
40 Gross decrease by adjustment in book value of ledger as
sets Real estate 3250 00
41
Total disbursements 4788798 8094 ComptrollerGenerals Report
IVLedger Assets
1 Book value of real estate 3 350 00
2 Mortgage loans on real estate first liens lOOolOO 00
3 Loans secured by pledge of bonds stocks or
other collateral 30000 00
4 Book value of bonds 499879261 and
stocks 29870566 5 297 498 27
5 Cash in companys office 574 73
6 Deposits in trust companies and banks not
on interest 32550 g9
7 Deposits in trust companies and banks on
interest 398212 54
8 Agents balances representing business writ
ten subsequent to October 1 1913 355540 00
9 Agents balances representing business writ
ten prior to October 1 1913 7 213 86
11 Bills receivable taken for fire risks 48444 98
16 Total ledger assets 7173384 67
NonLedger Assets
17 Interest accrued on mortgages u 432 53
20 Interest accrued on bonds og 471 gg
19 Interest accrued on collateral loans 403 75
24 TtaI T37Z7 40357 26
30 Gross assets 7213741 93
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 7 213 86
35 Bills receivable past due taken for marine
inland and fire risks 37 70 g
38 Book value of ledger assets over market
valne 417183 27
39 Total
452196 68
41 Total admitted assets7w
VLiabilities
1 Gross losses adjusted and unpaid not yet
u 72852 47ComptrollerGenerals Report 95
2 Gross claims for losses in process of adjust
ment or in suspense plus 2000000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 236313 27
3 Gross claims for losses resisted 50382 18
4 Total 359547 92
5 Deduct reinsurance due or accrued 53189 59
0 Net amount of unpaid losses and claims 306358 33
7 Gross premium less reinsurance received and receivable
upon all unexpired fire risks 799280618 unearned pre
miums per recapitulation 4080430 32
17 Salaries rents expenses bills accounts fees etc due or
accrued 11600 0
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 40000 00
19 Contingent commissions or other charges due or accrued 751 70
26 Total amount of all liabilities except capital 4439140 35
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 1322408 90
29 Surplus as regards policyholders 2322408 90
30 Total liabilities 6761549 25
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 836954242 9028971 69
2 Written or renewed during the year 492505512 5314099 13
3 Excess of original premium over amount
received for reinsurance 1724 00
4 Total 1328559754 14344794 82
5 Deduct those expired and marked of as
terminated 468427540 5297723 96
6 In force at the end of the year 86032214 9047070 86
7 Deduct amount reinsured 93904089 1054264 68
8 Net amount in force 766228125 7992806 186 ComptSolleeGeneRals Report
Business in the State of Georgia During the Year
27 Gross risks written 2813856 00
Less risks cancelled 449 isg 00
Net risks written 2364671 00
28 Gross premiums on risks written 43 770 14
Less return premiums 6 999 go
Net premiums received 36 770 64
Net losses paid 12 253 20
Net losses incurred n 389 72
THE CONTINENTAL INSURANCE COMPANY OF NEW YORK N Y
Home Office 80 Maiden Lane New York N Y
Henry Evans President C R Tuttle Secretary
ICapital Stock
1 Amount of capital paid up
in cash 200000000
2 Amount of ledger assets as per balance
December 31 of previous year 26940649 78
4 Extended at 26940649 78
IIIncome
Fire Marine and Inland
5 Gross premiums 10511407 96 284657 98
6 Deduct reinsurance prem
iums fire 126704394
marine and inland 82
29685 return premiums
fire 127269686 marine
and inland 7813506 2539740 80 160431 91
7 Total premiums other
than perpetual 7971667 16
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 532317 accrued interest on
bonds acquired during 1913
124226 07 8095893 23
135 00
10875 00
1027003 31COMPTROLLERGENERALS REPORT 97
12 Gross interest on deposits in trust com
panies and banks 46507 90
13 Gross interest from all other sources 1361 52
16 Gross rents from companys property in
cluding 472500 for companys occu
pancy of its own buildings 62794 15
17 Total gross interest and rents 1148676 88
18 From other sources
19 Commission of 58 per cent in 12665000000 Southern
Pacific Co stock syndicate 3125 00
20 Commission of 2 per cent and profit in Baltimore Ohio
R R Co 4 per cent Convertible Gold Bonds
syndicate 5018 35
21 Commission of 2 per cent in Syndicate to underwrite
sale of certificates of interest in Southern Pacific Co
Stock 5000 00
22 Normal tax of 1 per cent withheld from salaries paid in
compliance with federal income tax law 53 34
24 Increase in liabilities during the year on account of re
insurance treaties 9341 51
25 From agents balances previously charged off 291 30
26 Gross profit on sale or maturity of ledger assets viz
Bonds 15555 00
Stocks 66467 00
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 34441 00
Stocks 829 970 00
28 Total income 10213832 61
IIIDisbursements
1 Gross amount paid policy
holders for losses in
cluding 45778414 occur f
ring in previous years 5002707 93 114526 14
2 Deduct amount received
for salvage fire 22
39359 marine and in
land 162459 reinsur
ance fire 75303517
marine and inland 51
94325 total 775428 76 53567 84
3 Net amount paid policy
holders for losses 4227279 17 60958 30 4288237 47
4 Expenses of adjustment and settlement of losses 129124 2598
ComptrollerGenerals Report
5 Commissions or brokerage 1680837 60
6 Allowances to local agencies for miscellaneous agency
expenses 1433 78
7 Salaries 13787656 and expenses 117784 11 of special
and general agents 255660 67
8 Salaries fees and all other charges of officers directors
trustees and home office employees 451819 13
9 Bents including 472500 for companys occupancy of
its own buildings 75666 74
10 Advertising 3553904 printing and stationery 46
97951 total 82518 55
11 Postage telegrams telephone and express 68552 40
12 Legal expenses 1643 15
13 Furniture and fixtures 16724 31
14 Maps including corrections 24133 57
15 Underwriters boards and tariff associations 94374 48
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 32387 16
17 Inspections and surveys 2994 00
18 Repairs and expenses other than taxes on real estate 73945 62
19 Taxes on real estate 22850 32
20 State taxes on premiums 163626 01
21 Insurance department licenses and fees 31036 34
22 All other licenses fees and taxes Federal corporation
tax 9025 80
Municipal taxes 20688 59
23 Other disbursements Mercantile agencies 10970 04
25 Miscellaneous 846 18
26 Exchange 10711 78
27 Subscription to papers 2873 89
28 Investment expenses other than real estate 7053 68
32 Bills receivable past due charged off 9107 62
34 Paid stockholders for interest or dividends amount de
clared during the year 1000000 00
35 Scrip or certificates of profit redeemed in cash 73 00
36 Interest paid to scripholders 18
38 Agents balances charged off 843 04
39 Gross lass on sale or maturity of ledger assets viz
Bonds 4074 00
Stocks 20312 00
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 137742 00
Stocks 4 919621 00
41 Total disbursements9 gg 508 35
IVLedger Assets
1 Book value of real estate 1175 000 00
2 Mortgage loans on real estate 2 700 00COMPTROLLERGENERALS REPORT 99
3 Loans secured by pledge of bonds stocks
or other collateral 250000 00
4 Book value of bonds 637794500 and
stocks 1525627000 total 21634215 00
5 Cash in companys office 2359 25
6 Deposits in trust companies and banks not
on interest 29 47
7 Deposits in trust companies and banks on
interest 3124738 24
8 Agents balances representing business
written subsequent to Oct 1 1913 1090821 50
9 Agents balances representing business
written prior to Oct 1 1913 4867 88
11 Bills receivable taken for fire risks 218342 70
16 Total ledger assets 27502974 04
NonLedger Assets
18 Interest due 2978600 and accrued 46
61519 on bonds 76401 19
20 Interest accrued on other assets On bank
balances 84 64
23 Rents due on companys property or lease 37 50
24 Ttal 76523 33
26 Market value not including interest in item 18 of bonds
and stocks over book value 136 307 80
30 Gross assets 27715805 17
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1913 4867 88
35 Bills receivable past due taken for ma
rine inland and fire risks 82460 65
40 Total 87328 53
41 Total admitted assets 27628476 64
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 4860000
reserve for losses incurred prior to Dec100
ComptrollerGenerals Beport
33 of which no notice had been receiv
ed on that date 588803 3o
3 Gross claims for losses resisted 38155 00
4 Total
5 Deduct reinsurance due or accrued
626958 35
109420 84
6 Net amount of unpaid losses and claims 517o37 51
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 1763320058 unearned prem
iums per recapitulation 9174075 59
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
13248931 unearned premiums fifty
per cent 66244 66
10 Total unearned premiums as computed abovei
14 Principal unpaid on scrip or certificate of profits author
ized or ordered to be redeemed
15 Interest due or acorued on scrip
16 Dividends declared and unpaid to stockholders 500
00000 to policyholders
17 Salaries rents expenses bills accounts fees etc due or
accrued
IS Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
If Contingent commissions or other charges due or accrued
interest 6155 total
21 funds held under reinsurance treaties Reserve 934151
23 All other liabilities viz Rent paid in advance
24 Nominal tax of 1 per cent withheld from Salaries in com
pliance with federal income tax law
26 Total amount of all liabilities except capital 10564978 34
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 15063498 30
I 9240320 25
26584 00
6063 12
500000 00
27500 00
166000 00
71494 46
9393 16
32 50
53 34
29 Surplus as regards policyholders 17063498 30
30 Total liabilities 27628476 64
VTRisks and Premiums
Fire Risks Premiums Thereon
1 Tn force on the 31 day of December as
per line 6 under this heading in last
years statement 1780337683 18626578 52CompteollebGeneeal s Repoet 101
2 Written or renewed during the year 1056892057 10511407 96
4 Total 2837229740 29137986 48
5 Deduct those expired and marked off as
terminated 915038154 9739451 26
6 In force at the end of the year 1922191586 19398535 22
7 Deduct amount reinsured 180519139 1765334 64
8 Net amount in force 1741672447 17633200 58
Business in the State of Georgia During the Year
27 Gross risks written 17074793 00
Less 403159300 risks cancelled and 133868900 re
ins in co s authorized in Georgia 5369782 00
Net risks written 11705011 00
28 Gross premiums on risks written 205434 59
Less 2930557 return premiums and 521489 prem
iums for reinsurance in companies authorized in Ga 34515 96
Net premiums received 170918 63
29 Losses paid deducting salvage 67250 21
Less losses on risks reinsured in companies authorized
in Georgia 345 6
Net losses paid 66905 05
30 Losses incurred 76870 18
Less losses on risks reinsured in companies authorized in
Georgia 351 38
Net losses incurred 76518 80
DIXIE FIRE INSURANCE COMPANY OF GREENSBORO N C
H E Bush President F M Garner Secretary
E J Dickey Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1189656 62
4 Extended at 1189656 62102
ComptrollerGenerals Report
IIIncome
5 Gross premiums 767777 49
6 Deduct Eeinsurance premiums fire 157
13613 return premiums 16780671 324942 84
7 Total premiums other than perpetual 442834 65
9 Gross interest on mortgage loans less 20
15095 accrued interest on bonds acquired
during 1913 20150 95
10 Gross interest on collateral loans 1133 62
11 Gross interest on bonds and dividends on
stocks less 43372 accrued interest on
bonds acquired during 1913 20250 25
12 Gross interest on deposits in trust companies
and banks 2734 51
16 Gross rents from companys property in
cluding 180000 for companys occu
pancy of its own buildings 8649 50
17 Total gross interest and rents 52918 83
25 From agents balances previously charged off 70 00
26 Gross profit on sale or maturity of ledger assets viz Bonds 25 00
28 Total income 495848 48
IIIDisbursements
1 Gross amount paid policyholders for losses
including 3350419 occurring in pre
vious years 396559 82
2 Deduct amount received for Salvage fire
210121 reinsurance fire 5984564 61946 85
9
10
11
12
13
14
15
Net amount paid policyholders for losses 334612 97
Expenses of adjustment and settlement for losses 10602 95
Commissions or brokerage 89470 07
Salaries 1503750 and expenses 1070725 of special and
general agents 25744 75
Salaries fees and all other charges of officers directors
trustees and home office employeees 33393 66
Routs for company s occupancy of its own buildings 1800 00
Advertising 206670 printing and stationery 334567 5412 37
Postage telegrams telephone and express 3268 81
Legal expenses 3980 49
Furniture and fixtures 395 46
Maps including corrections 1491 69
Underwriters boards ami tariff associations 10556 10ComptrollerGenerals Report 103
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3 fifi
18 Eepairs and expenses other than taxes on real estate 5114 91
20 State taxes on premiums 6800 80
21 Insurance department licenses and fees 424 06
22 All other licenses fees and taxes
Gountytax 1385 74
N C corporation tax 468 7
City license and taxes 4 032 7a
Agents licenses 2l48 25
fire marshal tax fifi
23 Other disbursements
24 Office expense 112 00
25 Traveling expense 902 72
26 Bonding treasurer and State deposit bonds 241 44
27 Delta Yozoo license tax 100 00
28 Commercial reports 716 00
34 Paid stockholders for interest or dividends amount declared
during the year 3000000 29 301 00
38 Agents balances charged off 1559 12
39 Gross loss on sale or maturity of ledger assets viz Mort
en loans 1133 05
Bonds 4311 11
41 Total disbursements rjgy 300 on
IVLedger Assets
1 Book value of real estate 112 500 00
2 Mortgage loans on real estate first liens 338484 10
3 Loans secured by pledge of bonds stocks or
other collateral 3 qq qq
4 Book value of bonds 45565823 and
stocks 10500 466158 23
5 Cash in company s office 255 50
6 Deposits in trust companies and banks not
on interest 94 54
7 Deposits in trust companies and banks on p
interest 59386 98
8 Agents balances representing business writ
ten subsequent to October 1 1913 95422 48
9 Agents balances representing business writ
ten prior to October 1 1913 20837 85
13 Philadelphia Underwriters Assn deposit 100 00
14 Reinsurance recoverable on paid losses 1785 12
16 Total ledger assets 1098124 80104 ComptrollerGenerals Report
NonLedger Assets
17 Interest clue 16500 and accrued 461490
on mortgages 4779 90
20 Interest due 156666 and accrued 7
14082 on bonds 8707 48
19 Interest accrued on collateral loans 44 43
18 Interest accrued on banks 26 17
23 Rents due 52400 and accrued 46025 on
company a property or lease 884 25
24 Total 14542 23
28 Furniture fixtures and maps 12000 00
29 Supplies printed matter and stationery 1500 00
30 Gross assets 1126167 03
Deduct Assets Not Admitted
32 Supplies printed matter and stationery 1500 00
32 Furniture fixetures and safes 12000 00
34 Agents balances representing business writ
ten prior to October 1 1913 20837 85
38 Book value of ledger assets over market
value 20548 23
41 Total admitted assets 1071240 95
VLiabilities
1 Gross losses adjusted and unpaid 7241 17
2 Gross claims for losses in process of adjust
ment or in suspense plus 350000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 29945 00
3 Gross claims for losses resisted 350 00
4 Total 37535 17
5 Deduct reinsurance due or accrued 8347 22
6 Net amount of unpaid losses and claims 29188 95
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 67707085 unearned pre
miums per recapitulation 346480 48
16 Dividends declared and unpaid to stockholders 699 00
17 Salaries rents expenses bills accounts fees etc due or ac
crued estimated amount hereafter payable for federalCompteolleeGeneeals Repoet
state and other taxes based upon the business of the year
of this statement contingent commissions or other
charges due or accrued
105
10000 00
26 Total amount of all liabilities except capital 386 368 43
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 184 872 52
29 Surplus as regards policy holders 684 372 52
30 Total liabilities 1 071 240 95
VIRisks and Premiums
Firs Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 70862800 1012397 74
2 Written or renewed during the year 54364293 767777 49
4 Total 125227093 1780175 23
5 Deduct those expired and marked off as
terminated 63250716 818356 00
6 In force at the end of the year 61976377 961819 23
7 Deduct amount reinsured 20592582 284 748 38
8 Net amount in force 41383795 677070 85
Business in the State of Georgia During the Year
27 Gross risks written 2463904 00
Less 759695 risks cancelled and 386473 reinsurance in
companies authorized in Georgia 1146168 00
Net risks written 1318736 00
28 Gross premiums on risks written 38 792 21
Less 818595 return premiums and 728094 premiums for
reinsurance in companies authorized in Georgia 15466 89
Net premiums received 23325 32
29 Losses paid deducting salvage 15840 62
Less losses on risks reinsured in companies authorized in
Georgia 3837 96
Net losses paid 12002 66106 ComptrollerGenerals Report
30 Losses incurred 13783 83
Less losses on risks reinsured in companies authorized in
Georgia 2281 96
Net losses incurred 11501 87
EQUITABLE FIRE AND MARINE INSURANCE COMPANY OF
PROVIDENCE RHODE ISLAND
Fred V Arnold President Samuel G Howe Secretary
John J McKay 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
Dec 31 of previous years 1080432 61
4 Extended at
1080432 61
IIIncome
Fire Marine Inland
5 Gross premiums1451851 23 1052 58
6 Deduct reinsurance prem
iums fire 86497137 re
turn premiums fire
24155245 marine and
inland 315256 1106523 82 3152 56
7 Total premiums other
than perpetual 34532741
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 60898 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
14 Phila Underwriters Assn
16 Bills receivable taken for marine and in
cluding 250000 for companys occu
pancy of its own buildings
2099 98 34322743
5534 66
30475 16
1249 89
3 15
5394 25
17 Total gross interest and rents
43657 11ComptrollerGenerals Report 107
20 Conscience money 60 00
21 Borrowed money 150060 00
24 Increase in liabilities during the year on account of
reinsurance treaties 37 gjg 94
25 From agents balances previously charged off 96
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 1 992 78
28 Total income 575616 92
IIIDisbursements
Fire Marine Inland
1 Gross amount paid policy
holders for losses in
cluding 3960184 oc
curring in previous
years 450690 96 19923 25
2 Deduct amount received
for salvage fire 4
30165 marine and in
land 36761 reinsur
ance fire 24672833
marine and inland 2317
discount fire 12675 251156 73 390 78
3 Net amount paid policy
holders for losses 199534 23 19532 47
4 Expeses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 507592 and expenses 330188 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 Advertising 27367 printing and stationery 239446
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
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
219066 70
4696 95
97385 01
8377 SO
20636 19
2862 97
2668 13
1627 54
596 34
64 li
590 68
2340 27
3695 64
1129 73
3040 95
1967 13
10395 45
108
ComptrollerGenerals Eeport
21 Insurance department licenses and fees 4174 00
22 All other licenses fees and taxes Municipal and county
fees and taxes 1032 04
23 Other disbursements Exchange 151 29
25 Lighting and laundry sundry expenses 536 02
26 Subscriptions to magazines and papers 109 94
27 Interest on borrowed money 221 88
28 Borrowed money Io0000 00
34 Paid stockholders for interest or dividends amount de
clared during the year 24000 00
37 Decrease in liabilities during the year on account of re
insurance treaties 154538 71
38 Agents balances charged off 3 7f
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 250 00
41 Total Disbursements 717960 13
IVLedger Assets
1 Book value of real estate 101180 00
2 Mortgage loans on real estate 115400 00
4 Book value of bonds 49108333 and
stocks 19830000 total 689383 33
5 Cash in company a office 389 10
7 Deposits in trust companies and banks on
interest 8874 44
8 Agents balances representing business
written subsequent to Oct 1 1913 20234 26
9 Agents balances representing business
written prior to Oct 1 1913 2153 27
12 Other ledger assets viz Deposits Insur
ance Assn Providence 100 00
13 Deposits Cincinnati Underwriters Assn 125 00
14 Deposit Milwaukee Board of Underwriters 50 00
15 Deposit Phila Underwriters Assn 200 00
16 Total ledger assets 938089 40
NonLedger Assets
17 Interest accrued on mortgages 41S 38
18 Interest accrued on bonds 8252 36
23 Bents due on companys property or lease 395 00
24 Total 9065 74
26 Market value not including interest in item IS of bonds
and stocks over book value 15998 84
30 Gross assets 963153 98ComptrollerGenerals Report 109
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 2153 27
38 Book value of ledger assets over market
value viz Insurance Assn Providence
deposit 100 00
39 Cincinnati Underwriters Assn deposit 125 00
39 Milwaukee Board of Underwriters Assn 50 00
40 Phila Underwriters Assn 200 00
41 Total admitted assets 960525 71
VLiabilities
1 Gross losses adjusted and unpaid 41058 29
2 Gross claims for losses in process of ad
justment or in suspense plus 113936
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 107246 51
3 Gross claims for losses resisted 9006 69
4 Total 157311 49
5 Deduct reinsurance due or accrued 109633 04
6 Net amount of unpaid losses and claims 47678 45
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 42273993 unearned prem
iums per recapitulation 204231 78
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 66644 un
earned premiums 100 per cent 666 44
10 Total unearned premiums as computed above 204898 22
17 Salaries rents expenses bills accounts fees etc due or
accrued 250 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 3750 00
19 Contingent commissions or other charges due or accrued 1250 00
23 All other liabilities viz Interest on borrowed money 390 35
25 Liability on account of reinsurance treaties 37678 64
26 Total amount of all liabilities except capital 295895 66
110 ComptrollerGeneral s Report
27 Capital actually paid up In cash 400000 00
28 Surplus over all liabilities 264630 05
29 Surplus as regards policyholders 664630 05
30 Total liabilities 960525 71
VIBisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 126782293 00 1340769 96
2 Written or renewed during the year 130004355 00 1451851 23
4 Total 256786648 00 2792621 19
5 Deduct those expired and marked off as
terminated 93213232 00 1083740 49
6 In force at the end of the year163573416 00 1708880 70
7 Deduct amount reinsured 120714284 00 1286140 77
8 Net amount in force 42859132 00 422739 93
Business in the State of Georgia During the Year
27 Gross risks written 1591859 00
Less 46044400 risks cancelled and 76728200 reinsur
ance in companies authorized in Georgia 1227726 00
Net risks written 364133 00
28 Gross premiums on risks written 26260 42
Less 460257 return premiums and 1674874 premiums
for reinsurance in companies authorized in Georgia 21351 31
Net premiums received 4909 11
29 Losses paid deducting salvage 9505 15
Less losses on risks reinsured in companies authorized in
Georgia 7138 21
Net losses paid 2366 94
30 Losses incurred 19855 17
Less losses on risks reinsured in companies authorized in
Georgia 13995 76
Net losses incurred 5859 41ComptrollerGenerals Report 111
EQUITABLE FIRE INSURANCE COMPANY OF SOUTH CAROLINA
David Heuguenin President Wm 8 Mazyck SecretaryTreasurer
Home Office Equitable Building Cor Broad and Church Streets Charleston
S C
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 400335 43
4 Extended at 400335 43
IIIncome
5 Gross premiums 221805 71
6 Deduct Reinsurance premiums fire 45
28406 return premiums fire 4339941 88683 47
7 Total premiums other than perpetual 133122 24
9 Gross interest on mortgage loans 1129 75
10 Gross interest on collateral loans 4313 92
11 Gross interest on bonds and dividends on
stocks 10349 44
12 Gross interest on deposits in trust companies
and banks 220 81
13 Gross interest from all other sources Sea
shore Improvement Co 2126 Charles
ton Board of Fire Underwriters 100
Wulbern Fertilizer Co 3650 Bank of
Charleston N B A 32500 Clinton
S C Agency 180 total 385 58
16 Gross rents from companys property in
cluding 72000 for companys occupancy
of its own buildings 1495 00
17 Total gross interest and rents 17894 50
19 Increase in cash surrender value of Policy 875009 equit
able Life Assurance Society 280 00
28 Total income 151296 74
IIIDisbursements
1 Gross amount paid policyholders for losses
including 902014 occurring in previous
years 124510 18112
ComptrollerGeneral s Report
2 Deduct amount received for Salvage fire
210605 reinsurance fire 4106560
43171 65
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage including 2224104 on risks of
other companies reinsured less 172935 reinsurance
commissions
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Salaries 195250 and expenses 501901 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 22122 printing and stationery 171982
11 Postage telegrams telephone and express
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
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal
corporation tax 160 80
Municipal licenses and taxes 4383 21
Total
23 Other disbursements
24 Commercial agency 165 00
25 Exchange 256 27
26 Light water and fuel 183 53
27 Petty cash items 168 60
28 Insurance 253 95
32 Total
34 Paid stockholders for interest or dividends amount de
clared during the year 1400000
41 Total disbursements
IVLedger Assets
1 Book value of real estate 15582 95
2 Mortgage loans on real estate first liens 24800 00
3 Loans secured by pledge of bonds stocks or
other collateral 64300 00
81338 53
1694 43
20511 69
936 25
6971 51
12932 59
720 00
1941 04
832 08
271 25
590 60
2 00
134 60
312 38
1563 54
1126 08
4544 01
1027 35
14000 00
151439 93ComptrollerGeneral s Report 113
4 Book value of bonds 23135247 and
stocks 1100000 24235247
5 Cash in companys office 5288 00
6 Deposits in trust companies and banks not
on interest 7366 79
7 Deposits in trust companies and banks on
interest 10547 53 i
8 Agents balances representing business writ
ten subsequent to October 1 1913 27297 53
9 Agents balances representing business writ
ten prior to October 1 1913 496 61
11 Bills receivable taken for fire risks 425 36
12 Other ledger assets viz Cash surrender
value of Policy 875009 Equitable Life
Assurance Society 1735 00
16 Total ledger assets 400192 24
NonLedger Assets
17 Interest accrued on mortgages 277 00
18 Interest accrued on bonds 1156 05
20 Interest accrued on other assets Stocks
owned 4500 note Seashore Improve
ment Co 202 Savings Bank deposits
7425 121 27
23 Rents accrued on companys property or
lease 31 25
24 Total 1585 57
25 Market value of real estate over book value 4417 05
30 Gross assets 40619486
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 496 61
38 Book value of ledger assets over market
value viz Stocks and bonds 395847
40 Total 4454 08
41 Total admitted assets 401740 78
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense 1587876 114
ComptrollerGeneral s Report
7104 87
5 Deduct reinsurance due or accrued
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risk
17 iSalaries rents expenses bills accounts fees etc due or
accruel
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accruel
8773 89
116313 58
68 35
2000 00
2450 20
26 Total amount of all liabilities except capital 129606 02
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 72134 76
29 Surplus as regards policyholders
20 Totoal liabilities
272134 76
401740 78
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
year 8 statement 15394004 49 286682 13
2 Written or renewed during the year 9613930 83 221805 71
4 Total 25007935 32 508488 34
5 Deduct those expired and marked off as
terminated 9766038 68 224597 82
6 In force at the end of the year 15241896 64 283890 52
7 Deduct amount reinsured 3363106 38 61593 07
8 Net amount in force 11878790 26 222197 45
Business in the State of Georgia During the Year
27 Gross risks written 2005237 97
Less 37019941 risks cancelled and 46105867 reinsurance
in companies authorized in Georgia 831258 08
Net risks written 1173979 89
28 Gross premiums on risks written 35398 18
Less 421839 return premiums and 803871 premious for
reinsurance in companies authorized in Georgia 12257 10
Net premiums received 23141 08ComptrollerGenerals Report 115
29 Losses paid deducting salvage 29993 13
Less losses on risks reinsured in companies authorized in
Georgia 9024 40
Net losses paid 20968 73
30 Losses incurred 27632 88
Less losses on risks reinsured in companies authorized in
Georgia 9518 84
Net losses incurred 18114 04
FIDELITY PHENIX FIRE INSURANCE COMPANY OF NEW YORK
Henry Evans President J A Swinnerton Secretary
A L Waldo Attorney for Service
ICapital Stock
1 Amount of capital stock
paid up in cash 2500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 15113286 27
4 Extended at 15113286 27
IIIncome

5 Gross premiums 8817676 25
6 Deduct Reinsurance premiums fire 1
20840782 marine and inland 49
50389 return premiums fire 1201
56186 marine and inland 6831313 2527786 70
7 Total premiums other than perpetual 6289889 55
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 472957 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust companies
and banks
13 Gross interest from all other sources
16 Gross rents from companys property in
cluding 550000 for companys occu
pancy of its own buildings
1455 83
504502 21
27245 76
1851 60
33384 22
17 Total gross interest and rents
568439 62116
ComptrollerGenerals Report
19 Commission of per cent in 25000 Southern Pacific Co
Co stock syndicate
20 Commission of 2 per cent and profit in Baltimore and Ohio
R R Co 4 per cent convertible gold bond syndicate
21 Commission of 2 per cent in syndicate to underwrite sale
of certificate of interest in Southern Pacific stock
24 Increase in liabilities during the year on account of reinsur
anee treaties
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger as
sets viz Bonds 1427 00
Stocks 8094 00
Total
27 Gross increase by adjustment in book value
of ledger assets viz Bonds 11037 00
Stocks 304772 00
1562 51
5018 35
25000 00
3978 97
364 24
Total
9521 00
315809 00
28 Total income 7197083 23
IIIDisbursements
1 Gross amount paid policyholders for losses
including 48277536 occurring in pre
vious years 4125928 04
2 Deduct amount received for Salvage fire
2251057 marine and inland 88498
reinsurance fire 79402984 marine and
inland 2730591 844731 30
3 Net amount paid policyholders for losses 3281196 74
4 Expense of adjustment and settlement of losses 103820 64
5 Commissions or brokerage 1309633 11
6 Allowances to loeal agencies for miscellaneous agency ex
penses 1192 64
7 Salaries 15785034 and expenses 12780986 of special
and general agents 285660 20
8 Salaries fees and all other charges of officers directors
trustees and home office employees 411 255 94
9 Rents including 550000 for companys occupancy of its
own buildings 64460 71
10 Advertising 2871196 printing and stationery 3960296 68314 92
11 Postage telegrams telephone and express 47239 76
12 Legal expenses 1 273 72
13 Furniture and fixtures 6 205 24
14 Maps including corrections 23 615 58
15 Underwriters boards and tariff associations 77 058 74ComptrollerGenerals Beport
11
16 Fire department fire patrol and salvage corps assessments
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 2569 07
Municipal taxes 14398 83
Total
23 Other disbursements
24 Mercantile agencies i
25 Miscellaneous
26 Exchange
27 Subscription to papers
28 Investment expenses other than real estate
7314 35
821 31
10595 39
1497 08
2601 99
32 Total
34 Paid stockholders for interest or dividends amount declared
during the year 25000000
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger as
sets viz Bonds 7128 00
Stocks 14440 00
Total
40 Gross decrease by adjustment in book
value of ledger assets vi Real estate 279 50
Bonds 79873 00
Stocks 1094080 00
30407 94
13162 99
5131 46
3395 46
119695 95
37635 25
16967 90
22830 12
250000 00
53 16
21568 00
Total
41 Total disbursements
1174232 50
7376008 67
IVLedger Assets
1 Book value of real estate 572500 00
2 Mortgage loans on real estate first liens 23500 00
4 Book value of bonds 254905200 and
stocks 881078200 1135983400
5 Cash in companys office 1809 57
7 Deposits in trust companies and banks on
interest 1696428 37
8 Agents balances representing business writ
ten subsequent to October 1 1913 856109 71118 ComptrollerGenerals Report
9 Agents balances representing business writ
ten prior to October 1 1913 5041 24
11 Bills receivable taken for fire risks 411637 94
13 Bills receivable taken for Atlanta Ga real
estate sold 7500 00
16 Total ledger assets 14934360 83
NonLedger Assets
17 Interest accrued on mortgages 350 01
20 Interest due 1076623 and accrued 22
00212 on bonds 32768 35
21 Interest accrued on bank deposits 103 21
22 Interest accrued on bills receivable taken for
for Atlanta Ga real estate sold 187 50
23 Rents accrued on company a property or
lease 330 40
24 Total 33739 47
26 Market value not including interest in item 18 of bonds
and stocks over book value 66 520 66
28 Dividend on stocks sold ex dividend prior to Becember 31
1913 100 shares Reading Co 2nd preferred 50 00
30 Gross assets 15034670 96
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 5 041 24
35 Bills receivable pasf due taken for marine
inland and fire risks 71 532 01
40 Total 76573 05
41 Total admitted assets 14 958 097 71
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense plus 4477700 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 467 749 21
3 Gross claims for losses resisted 84885 00
4 Total 552634 21
5 Deduct reinsurance due or accrued 112201 61ComptrollerGenerals Report 119
6 Net amount of unpaid losses and claims 440432 60
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 1336817878 unearned premiums
per recapitulation 7095623 21
8 Gross premiums less reinsurance cash and
bills received and receivable upon all
unexpired inland navigation risks 130
64843 unearned premiums fifty per
cent 65324 22
10 Total unearned premiums as computed above 7160947 43
16 Dividends declared and unpaid to stockholders 125000 00
17 Salaries rents expenses bills accounts fees etc due or
accrued 25000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 142000 00
19 Contingent commissions or other charges due or accrued 30 657 24
20 Funds held under reinsurance treaties Eeserve 397892
interest 2455 total 4003 52
24 Reserve for contested liabilities not losses 250000 00
25 Reserve for contingencies 100000 00
26 Total amount of all liabilities except capital 8278040 79
27 Capital actually paid up in cash 2500000 00
28 Surplus over all liabilities 4180056 92
29 Surplus as regards policyholders 6680056 92
30 Total liabilities 14958087 71
VIRisks and Premiums
Fire Marine and Inland
1 In force on the 31 day of December as per
line 6 under this heading in last years
statement 1318254395 14452874 83
2 Written or renewed during the year 820648438 8817076 25
4 Total 2138902833 23270551 08
5 Deduct those expired and marked off as
terminated 720097737 S067157 82
6 In force at the end of the year 1418805096 15203393 26
7 Deduct amount reinsured 151601079 1704566 05
8 Net amount in force 1267204017 13498827 21120 ComptrollerGenerals Report
Business in the State of Georgia During the Year
Fire
27 Gross risks written 8565323 00
Less 1820721 risks cancelled and 69016 reinsurance in
companies authorized in Georgia 1889737 00
Net risks written 6675586 00
28 Gross premiums on risks written 112 744 52
Less 1424600 return premiums and 30279 premiums for
reinsurance in companies authorized in Georgia 14548 S8
Net premiums reecived 98195 64
29 Losses paid deducting salvage 52933 01
Less losses on risks reinsured in companies authorized in
Georgia 22 74
Net losses paid 52 919 7
30 Losses incurred 53 561 89
Less losses on risks reinsured in companies authorized in
Georgia 28 94
Net losses incurred 53532 93
FIRE ASSOCIATION OF PHILADELPHIA
E C Irvin President M G Garrigues Secretary
W E Chapin Atlanta Attorney for Service
ICapital Stock
1 Amount of capital stock
paid up in cash 750000 00
2 Amount of ledger assets as per balance
December 31 of previous year 9015027 54
4 Extended at 9015027 54
IIIncome
5 Gross premiums 6048585 98
6 Deduct Reinsurance premiums fire 1
00825615 return premiums fire 782
20085 total 1790457 00
7 Total premiums other than perpetual 4 258128 98ComptrollerGeneeals Repoet 121
8 Deposit premiums written on perpetual risks gross 21493 83
9 Gross interest on mortgage loans less 1
93013 accrued interest on bonds ac
quired during 1913 115924 12
10 Gross interest on collateral loans 6341 40
11 Gross interest on bonds and dividends on i
stocks less 234609 accrued interest on
bonds acquired during 1913 241562 24
12 Gross interest on deposits in trust companies
and banks 5171 55
13 Gross interest from all other sources
14 Interest on agents balances 63 33
15 Interest on deposits with underwriters asso
ciations 22 02
16 Gross rents from companys property in
cludng 15000 for companys occupancy
of its own buildings 33077 15
17 Total gross nterest and rents 402161 81
18 From other sources
19 Earned deposits 5086 93
25 From agents balances previously charged off 360 58
26 Gross profit on sale or maturity of ledger
assets Bonds 3293 2
Stocks 15 27
Total 3308 49
28 Total ineome 4690540 62
i IIIDisbursements
1 Gross amount paid policyhoklers for losses
including 33135104 occurring in pre
vious years 2682930 9
2 Deduct amount received for Salvage fire
1846696 reinsurance fire 39730939
discount fire 138262 total 417158 97
3 Net amount paid policyhoklers for losses 2265771 32
4 Expenses of adjustment and settlement of losses 42019 84
5 Commissions or brokerage 828922 47
6 Allowances to local agencies for miscellaneous agency ex
penses V175
7 Salaries 17844359 and expenses 12074161 of special
and general agents 299185 20
8 Salaries fees and all other charges of officers directors
trustees and home office employees 186392 39122 ComptrollerGenerals Report
9 Rents including 15000 for companys occupancy of its own
buildinSs 28339 11
10 Advertising 550065 printing and stationery 3053845 36039 10
11 Postage telegrams telephone and express 28 736 03
12 Legal expenses 2 343 03
13 Furniture and fixtures 7 aqq 0o
14 Maps including corrections jg 249 50
15 Underwriters boards and tariff associations 48729 89
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses j7 iqq g
17 Inspections and surveys 28 656 41
18 Repairs and expenses other than taxes on real estate s231 04
19 Taxes on real estate o qi q
20 State taxes on premiums 92 500 35
21 Insurance department licenses and fees 24 658 37
22 All other licenses fees and taxes Federal
corporation tax 5 044 81
State tax on capital jg 332 go
Municipal license tax 13 gQ 53
Total 34088 24
23 Other disbursements Profit and loss bond and mortgage 500 00
33 Deposit premiums returned 5g 2gi 68
34 Paid stockholders for interest or dividends amount declared
during the year 300000 300000 00
38 Agents balances charged off 4g9 57
39 Gioss loss on sale or maturity of ledger as
sets viz Real estate j 375 90
Bonds 4137 50
J0tal 551340
40 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 83 081 CQ
41 Total disbursements 4459975 40
IVLedger Assets
1 Book value of real estate 737 jgo 7
2 Mortgage loans on real estate first liens 2014176 66
3 Loans secured by pledge of bonds stocks or
other collateral 39 527 1
4 Book value of bonds 487597532 and
stocks 31531347 5 19 288 79
5 Cash in company s office 21 806 8
6 Deposits in trust companies and banks not
on interest 83512 72ComptrollerGenerals Report 123
7 Deposits in trust companies and banks on
interest 394285 74
8 Agents balances representing business writ
ten subsequent to October 1 1913 659179 95
9 Agents balances representing business writ
ten prior to October 1 1913 4652 83
16 Total ledger assets 9245592 76
NonLedger Assets
17 Interest due 527532 and accrued 28
84688 on mortgages 34122 20
20 Interest accrued on bonds 72632 67
19 Interest accrued on collateral loans 1299 98
18 Interest accrued 106639 on other assets 1066 39
23 Rents due 166382 and accrued 5263
on companys property or lease 1716 45
24 Total 110837 69
30 Gross assets 9356430 45
Deduct Assets Not Admitted
31 Company s stock owned 10075 00
34 Agents balances representing business writ
ten prior to October 1 1913 4652 83
39 Stocks and bonds 164981 79
40 Real estate 21912 67
41 Total admitted assets 9154808 16
VLiabilities
1 Gross losses adjusted and unpaid 103801 09
2 Gross claims for losses in process of adjust
ment or in suspense plus 25000 reserve
for losses incurred prior to December 31
of which no notice had been received on
that date 286633 94
3 Gross claims for losses resisted 55111 60
4 Total 445546 63
5 Deduct reinsurance due or accrued 90720 43
6 Net amount of unpaid losses and claims 354826 20124 CoMPTBOLLEBGrENEBALs BEPOBT
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 750274271 unearned pre
miums per recapitulation 3 905 141 60
11 Amount reclaimable by the insured on perpetual fire insur
ance policies being 90 and 95 per cent of the premium
or deposit received 1 540 295 71
17 Salaries rents expenses bills accounts fees etc due or
accrued 567 81
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 40000 00
26 Total amount of all liabilities except capital 5845 943 32
27 Capital actually paid up in cash 750000 00
28 Surplus over all liabilities 2558864 84
29 Surplus as regards policyholders 3 308 864 84
30 Total liabilities 9154808 16
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 762645013 8041281 08
2 Written or renewed during the year 540078643 6048585 98
4 Total 1302723656 14089867 06
5 Deduct those expired and marked off as
terminated 506166198 5815069 23
6 In force at the end of the year 796557458 8274797 83
7 Deduct amount reinsured 75078715 772055 12
8 Net amount in force 721478743 7502742 71
9 Perpetual Risks not included above 74376313 Deposit premiums on
same 168612631
Business in the State of Georgia During the Year
27 Gross risks written 8835579 00
Less 2203748 risks cancelled and 809241 reinsurance in
companies authorized in Georgia 3 012 989 00
Net risks written 5822590 00
28 Gross premiums on risks written 131 Qgg 70ComptrollerGeneral s Report 125
Less 2633788 return premiums and 1362229 premiums j
for reinsurance in companies authorized in Georgia 39960 17
Net premiums received 91120 61
29 Losses paid deducting salvage 62152 87
Less losses on risks reinsured in companies authorized in
Georgia 10706 90
Net losses paid 51445 97
30 Losses incurred 64903 27
Less losses on risks reinsured in companies authorized in
Georgia 11850 76
Net losses incurred 53052 51
FIREMANS FUND INSURANCE COMPANY
William J Dutton President Louis Weinmann Secretary
ICapital Stock
1 Amount of capital stock paid
up in cash 1500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 9266109 13
4 Extended at 9266109 13
IIIncome
5 Gross premiums 12340439 49
6 Deduct Reinsurance premiums fire 1
23495980 marine and inland 450
52348 return premiums fire 1643
01604 marine and inland 1548
99366 total 4877492 98
7 Total premiums other than perpetual 7462946 51
9 Gross interest on mortgage loans less 4
13442 accrued interest on bonds acquired
during 1913 73222 65
10 Gross interest on collateral loans 21488 16
11 Gross interest on bonds and dividends on
stocks less 30819 accrued interest on
bonds acquired during 1913 266606 63126
ComptrollerGenerals Beport
12 Gross interest on deposits in trust compa
nies and banks
14 Fire preminum notes
16 Gross rents from companys property in
cluding 1470000 for companys occu
pancy of its own buildings
9447 12
1148 96
18489 25
17 Total gross interest and rents
24 Increase in liabilities during the year on account of reinsur
ance treaties provided for in reinsurance reserve
26 Gross profit on sale or maturity of ledger assets viz Bonds
Stocks
28 Total income
390403 27
2192 11
3595 00
3675 00
7862811 89
IIIDisbursement
5777762 04
1846198 77
1 Gross amount paid policyholders for losses
including 69193317 occuring in pre
vious years
2 Deduct amount received for Salvage fire
2186371 marine and inland 15334116
reinsurance fire 64656357 marine and
inland 102294197 discount fire 1
48836
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 ex
penses
7 Salaries 29814071 and expenses 13225949 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 1470000 for company s occupancy of its
own buildings
10 Advertising 4990168 printing and stationery 6311116
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspection and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
3931563 27
73573 30
1595588 43
33677 49
430500 20
249227 73
40272 01
113012 84
43030 17
8138 45
5798 55
12921 60
66677 37
12472 82
16662 66
6865 65
6267 83
122286 52ComptrollerGenerals Report 127
21 Insurance department licenses and fees 29243 85
22 All other licenses fees and taxes
Federal corporation tax 6712 89
Franchise and municipal taxes 5834 39
Personal property tax 215 99
24 Charities and donations 1601 90
34 Paid stockholders for interest or dividends amount declared
during the year 24000000 240000 00
38 Agents balances charged off 10594 07
39 Gross loss on sale or maturity of ledger assets viz Bonds 8948 50
41 Total disbursements 7071688 48
IVLedger Assets
1 Book value of real estate 473442 39
2 Mortgage loans on real estate first liens 1512900 00
3 Loans secured by pledge of bonds stocks and
other collateral 397450 00
4 Book value of bonds 484835367 and
stocks 69844600 5546799 67
5 Cash in companys offices 13133 80
6 Deposits in trust companies and banks not
on interest 107280 21
7 Deposits in trust companies and banks on
interest 627657 47
8 Agents balances representing business writ
ten subsequent to October 1 1913 1179454 00
9 Agents balances representing business writ
ten prior to October 1 1913 44126 51
10 Bills receivable taken for marine and inland
risks 10349 35
11 Bills receivable taken for fire risks 144639 14
16 Total ledger assets 10057232 54
NonLedger Assets
17 Interest due 211400 and accrued 8
93391 on mortgages 11047 91
20 Interest accrued on bonds 81092 11
19 Interest accrued on collateral loans 837 14
24 Total 92977 16
30 Gross assets 10150209 70128
ComptrollerGenerals Report
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 44126 51
35 Bills receivable past due taken for marine
inland and fire risks 9 922 83
39 Bonds and stocks 228 846 13
40 Real estate 2 442 39
41 Total admitted assets 9 864 871 34
VLiabilities
1 Gross losses adjusted and unpaid 64377 94
2 Gross claims for losses in process of adjust
ment or in suspense plus 4240689 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 864 254 86
3 Gross claims for losses resisted 82 231 98
4 Total 1010864 78
5 Deduct reinsurance due or accrued 368 253 14
6 Net amount of unpaid losses and claims 642 611 64
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 850532844 unearned premiums
per recapitulation 4 408 594 97
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired time and automobile risks
134474383 unearned premiums 50
per cent 672381 91
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 3754802
unearned premiums 100 per cent 37548 02
10 Total unearned premiums as computed above 5118 514 90
17 Salaries rents expenses bills accounts fees etc due or ac
crued 2500 00
18 Estimated amount hereaftetr payable for federal state and
oilier taxes based upon the business of the year of this
statement 0 125000 06
19 Contingent commission or other charges due or accrued 165 000 00
23 All other liabilities viz Earned quarterly dividend to De
cember 31 1913 declared January 19 1914 60 000 00
ComptrollerGenerals Report
129
26
27
28
Total amount of all liabilities except capital 6113626 54
Capital actually paid up in cash 1500000 00
Surplus over all liabilities 2251245 30
29 Surplus as regards policyholders 3751245 30
30 Total liabilities 9864871 84
VIRisks and Premiums
In force on the 31 day of December as per line 6 under this
heading in last years statement 9290296 94
Written or renewed during the year 12340439 49
Excess of original premiums over amount received for rein
surance 1414653 42
Total 23045389 85
Deduct those expired and marked off as terminated 11032230 52
In force at the end of the year 12013159 33
Deduct amount reinsured 125539 04
27
28
29
30
Net amount in force 9887620 29
Business in the State of Georgia During the Year
Gross risks written 8602118 00
Less 182993700 risks cancelled and 116740900 reinsur
ance in companies authorized in Georgia 2977346 00
Net risks written 5604772 00
Gross premiums on risks written 149379 41
Less 2664331 return premiums and 1952692 premiums
for reinsurance in companies authoried in Georgia 46170 23
Net premiums received 103209 18
Losses paid deducting salvage 58425 04
Less losses on risks reinsured in companies authorized in
Georgia 6553 73
Net losses paid 51871 31
Losses incurred 60726 91
Less losses on risks reinsured in companies authorized in
Georgia 6004 05
Net losses incurred
54722 86130
ComptbollebGenebals Repobt
FIREMENS FIRE INSURANCE COMPANY OF NEWARK N J
Daniel H Dunham President A H Hassinger Secretary
J L Riley Co Attorneys for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 5921255 40
4 Extended at 5921255 40
IIIncome
5 Gross premiums 3981829 83
6 Deduct reinsurance premiums fire 583
29531 marine and inland 74756641
7 Total premiums other than perpetual 2650 968 05
9 Gross interest on mortgage loans 130 687 83
11 Gross interest on bonds and dividends on
stocks less 83190 accrued interest on
bonds ecquired during 1913 124 476 86
12 Grors interest on deposits in trust com
panies and banks gj 7j
16 Gross rents from companys property in
cluding 1200000 for companys occu
pancy of its own buildings
9730777
17 Total gross interest and rents
18 From other sources Loan
20 Sold rights to subscribe to Amer Tel Tel Co stock
21 Deficiency Judgment Witzel
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
353148 1
140000 00
640 63
75 00
2801 98

28 Total income 3 147
633 85
IIIDisbursements
1 dross amount paid policyholdera for losses
including 25236424 occurring in pre
vious years 1635908 76ComptrollerGenerals Report 131
2 Deduct amount received for salvage fire
643566 reinsurance fire 19333818
total 199773 84
3 Net amount paid policyholders for losses 1436134 92
5 Commissions or brokerage 661654 92
6 Allowances to local agencies for miscellaneous agency
expenses 7138 26
7 Salaries 4455000 and expenses 2239873 of special
and general agents 66948 73
8 Salaries fees and all other charges of officers directors
trustees and home office employees 121708 70
9 Bents including 12000 for campanys occupancy of its
own buildings 20583 44
10 Advertising 312172 printing and stationery 1547950 18601 22
11 Postage telegrams telephone and express 18537 27
12 Legal expenses 1510 95
13 Furniture and fixtures 2991 55
14 Maps including corrections 9003 01
15 Underwriters boards and tariff assiciations 34515 45
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 22249 92
17 Inspections and surveys 2878 51
18 Repairs and expenses other than taxes on real estate 34093 24
19 Taxes on real estate 21987 80
20 State taxes on premiums 51870 07
21 Insurance department licenses and fees 18015 01
22 All other licenses fees and taxes Federal corporation
tax 102079 local taxes on investments 153949
personal city tax 99090 total 3551 18
23 Other disbursements Auditors fees 1212 65
25 Loan repaid 140000 00
26 Interest on loan 983 34
34 Paid stockholders for interest or dividends amount de
clared during the year 240000 00
37 Decrease in liabilities during the year on account of re
insurance treaties 482 84
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 660 00
41 Total disbursements 2974148 94
IVLedger Assets
1 Book value of real estate 1073668 28
2 Mortgage loans on real estate 2577900 00
4 Book value of bonds 116964666 and
stocks 68965000 total 1799296 66132 ComptrollerGenerals Eeport
5 Cash in companys office 15385 45
7 Deposits in trust companies and banks on
interest 135375 72
8 Agents balances representing business
written subsequent to October 1 1913 429900 19
9 Agents balances representing business
written prior to Oct 1 1913 3214 01
16 Total ledger assets 6094740 31
NonLedger Assets
17 Interest due 222500 and accrued 34
36371 on mortgages 36588 71
20 Intrest accrued on bonds 15257 03
23 Eents due on companys property or lease 886 42
24 Total 52732 16
26 Market value not including interest in item 18 of bonds
and stocks over book value 694951 53
30 Gross assets 6842424 00
Deduct Assets Not Admitted
34 Agents representing business written
prior to Oct 1 1913 3214 01
40 Total 3214 01
41 Total admitted assets 6839209 99
VLiabilities
1 Gross losses adjusted and unpaid 86424 88
2 Gross claims for losses in process of adjust
justment or in suspense plus 1147201
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 175140 91
3 Gross claims for losses resisted 23754 30
4 Total 285320 09
5 Deduct reinsurance due or accrued 49167 06
6 Not amount of unpaid losses and claims 236153 03
7 Gross premiums less reinsurance receivComptrollerGeneral s Report
133

ed and receivable upon all unexpired
fire risks 551224444 unearned prem
iums per recapitulation 2845185 81
10
14
17
18
19
26
27
28
Total unearned premiums as computed above 2845185 81
Principal unpaid on scrip or certificate of profits author
ized or ordered to be redeemed 2332 84
Salaries rents expenses bills accounts fees etc due or
accrued 1500 nn
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 25500 00
Contingent commissions or other charges due or accrued 8500 00
Total amount of all liabilities except capital 3119171 68
Capital actually paid up in cash 1000000 00
Surplus over all liabilities 2720038 31
29 Surplus as regards policyholders
30 Total liabilities 6839209 99
VIEisks and Premiums
Fire Eisks Premiums Thereon
1 In force on the 31 day of Dec as per
line 6 under this heading in last
years statement 57996 27 00 6023098 55
2 Written or renewed during the year 2652972 32 3981829 83
3 Excess of original premiums over
amount received for reinsurance 3370 48
4 Total845257659 10038635 86
5 Deduct those expired and marked off as
terminated 224054419 00 367 1529 51
6 In force at the end of the year 621203210 00 6364106 35
7 Deduct amount reinsured 13235709 hi 851861 91
8 Net amount in force
547967531 00 55122 I I 1
Business in the State of Georgia During the Year
27 Gross risks written 2378231 no
Less risks cancelled 482630 00
Net risks written
1895600 on134 ComptrollerGenerals Report
28 Gross premiums on risks written
Less return premiums
Net premiums received
29 Losses paid deducting salvage
30 Losses incurred
32886 78
4843 74
28043 04
5335 80
5599 75
FIEST NATIONAL FIRE INSURANCE COMPANY OF THE UNITED
STATES OF WASHINGTON D C
Robert J Wynne President g J Johnson gecretary
ICapital Stock
1 Amount of capital stock paid
up in cash 791955 00
2 Amount of ledger assets as per balance
December 31 of previous year 960335 52
3 Increase of paidup capital during the year 471280 00
4 Extended at 1431615 52
IIIncome
561722 47
5 Gross premiums
6 Deduct Reinsurance premiums fire 42
68697 return premiums fire 11405750 156744 17
7 Total premiums other than perpetual
9 Gross interest on mortgage loans 9302 48
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust companies
and banks
13 Gross interest from all other sources
16 Gross rents from companys property in
cluding 334086 for companys occu
pancy of its own buildings
15600 97
3206 28
325 26
71101 99
17 Total gross interest and rents
18 From other sources
19 Contributed surplus sale of stock 373695 50
20 Part paid capital 51012 50
21 Commission on loans 22 50
22 From assets go Bldg Corp 470 99
404978 00
99536 98
Total
425201 49ComptrollerGenerals Report 135
25 From agents balances previously charged off 1721 15
26 Gross profit on sale or maturity of ledger assets viz Bonds 942 75
28 Total income 923381 37
IIIDisbursements
1 Gross amount paid policyholders for losses
including 16250 occurring in previous
years 160698 00
2 Deduct amount received for Reinsurance
fire 984106 discount fire 331 total 9844 37
3 Net amount paid policyholders for losses 150853 63
4 Expenses of adjustment and settlement of losses 3098 35
5 Commissions or brokerage 136667 74
6 Allowances to local agencies for miscellaneous agency ex
penses 1560 88
7 Salaries and expenses of special and general agents 9304 47
8 Salaries fees and all other charges of officers directors
trustees and home office employeese 47150 38
9 Rents including 334086 for companys occupancy of its
own buildings 4285 86
10 Advertising 559113 printing and stationery 747260 13063 77
11 Postage telegrams telephone and express 2945 83
12 Legal expenses 5978 59
13 Furniture and fixtures 4780 90
14 Maps including corrections 2383 30
15 Underwriters boards and tariff associations 450 91
16 Fire department fire patrol ami salvage corps assessments
fees taxes and expenses 431 04
17 Inspections and surveys 120 08
18 Repairs and expenses other than taxes on real estate in
cludes 35000 interest 52538 72
19 Taxes on real estate 6502 26
20 State taxes on premiums 502 59
21 Insurance department licenses and fees 6531 25
22 All other licenses fees and taxes
Home office expenses 3283 26
City and county taxes and fees 795 79
Newspapers and notary and recording 818 80
Traveling 2564 02
Total 7461 87
23 Other disbursements
24 investigation expenses 34231 70
25 Richmond realty 2500 00
26 ThompsonStarrett Contracting Co 3750 00136
ComptrollerGenerals Report
27 Commission on stock sales 27624 25
28 Discounts 848 35
29 Expenses 22246 68
30 Salaries 8081 31
31 Minority stockholders So Bldg 2t0 00
32 Organization expenses 2500 00
Total 101982 29
34 Paid stockholders for interest transferred from partpaid
to fullpaid capital 167612 50
41 Total disbursements 726207 21
NonLedger Assets
1 Hook value 350000 00
2 Mortgage loans on real estate 234350 00
3 Loans secured by pledge of bonds 0103 00
4 Book value of bonds and stocks 856482 50
5 ash in companys office 50 00
7 Deposits in trust companies and banks on
interest 112468 69
8 Agents balances representing business writ
ten subsequent to October 1 1913 56949 23
9 Agents balances representing business
written prior to October 1 1913 17178 40
12 Other ledger assets viz Checks in suspense 225 00
13 Deposits with board of underwriters 100 00
14 Cash in bands of industrial department 439 40
15 ash in hands of rental agent 3443 46
11 Total ledger assets 1637789 68
NonLedger Assets
17 Interest due 40000 and accrued 406990
on mortgages 4469 90
20 Interest due on bonds 12767 50
19 1 Qterest due on collateral loans 152 55
23 Rents due on companys property or lease 4171 49
24 Total 21561 44
28 Notes for rents 167 13
29 Due from Commercial Five account joint
expenses 1819 50
Total 1986 63
30 Gross assets 1661337 75ComptrollerGenerals Report
13

Deduct Assets Not Admitted
17178 40
34 Agents balances representing business writ
ten prior to October 1 1913
38 Book value of ledger assets over market
value viz hecks
39 Bonds
40 Rents and notes for rents
225 00
12432 50
521 99
Total
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of adjust
ment or in suspense
3987 21
36941 21
4 Total
5 Deduct reinsurance due or accrued

40928 42
2647 90
6 Net amount of unpaid losses and cliams
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks per recapitulation
15 Interest due or accrued
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accrued
24 Taxes due and accrued So Bldg
25 Expenses
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash includes
5101250 part paid
28 Surplus over all liabilities
842967 50
548582 78
30357 89
1630979 86
38280 52
181972 09
4729 10
75 00
9000 00
694 93
3251 16
751 78
239429 58
29 Surplus as regards policyholders 1391550 28
30 Total liabilities 1630979 86
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
528892
7258 88138
ComptrollerGeneral s Report
Written or renewed during the year
Excess or original premiums over amount
received for reinsurance
55927875
Total 5645i767
Deduct those expired and marked off as
terminated 30962672
In force at the end of the year 25494095
Deduct amount reinsured 2332201
561722 47
91934 20
660915 55
302392 12
35852343
34384 59
27
28
Net amount in force 23161894 324138 84
Business in the State of Georgia During the Year
Gross risks written 3631500 00
Less 475700 risks cancelled and 409700 reoinsurance
in companies authorized in Georgia 885400 00
Net rissk written 2746100 00
Gross premiums on risks written 51204 18
Less 670785 return premiums and 577656 premiums for
reinsurance in companies authoried in Georgia 12484 41
Net premiums received 387 9 77
Losses paid deducting salvage 15821 40
Less losses on risks reinsured in companies authoried in
Georgia 5S8 74
30
Net losses paid 15232 69
Losses incurred 16819 07
Less losses on risks reinsured in companies authoried in
Georgia 5S8 72

Net losses incurred
16230 33
FITCHBURG FIRE INSURANCE COMPANY
Lincoln R Welch President Chester A Clegg Secretary
W A Wright Attorney for Service
IGuaranty Capital
2 Amount of ledger assets as per balance December 31 of
previous year 266006 66
ComptrollerGeneral s Report 139
IIIncome
5 Gross premiums 238202 98
6 Deduct Reinsurance premiums 1087918
return premiums 1909500 total 2997418
7 Total premiums 208228 80
8 Gross interest on mortgage loans 327 34
10 Gross interest on bonds and dividends on
stocks less 4685 accrued interest on
bonds acquired during 1913 8018 25
11 Gross interest on deposits in trust companies
and banks 405 87
15 Gross rents from companys property in
cluding 1525 for companys occupancy
of its own buildings 5797 59
16 Total gross interest and rents 14549 05
18 Dividend Minnesota Thresher Mfg Co 306 45
23 From agents balances previously charged off 24 50
28 Gross increase by adjustment in book value of ledger as
sets viz Bonds 25 00
29 Total income 223133 80
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 795057 occurring in previous
years 100186 52
2 Deduct amount received for Salvage
96387 reinsurance 522847 discount
7281 total 6265 15
3 Net amount paid polieyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage including 1087918 on risks of
other companies reinsured less 170038 reinsurance
commissions
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Salaries 2267 and expenses 199334 of special agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 1525 for companys occupancy of its own
buildings
10 Advertising 122321 printing and stationery 198636
11 Postage telegrams telephone and express
93921 37
1234 22
20058 79
137 06
4260 34
15121 80
1525 00
3209 57
2042 46
140
ComptrollerGenerals Report
L2 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
L5 Underwriters boards and tariff associations
Hi Fire department lire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
15 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department lilicenses and fees
22 All oilier licenses fees and taxes
Federal corporation 94 58
Municipal 2 94
Total
23 Other disbursements
24 Magazines and papers 68 00
25 Bond insurance 19 24
20 Safe di posit box 01
27 Care of office 470 57
Total
31 Dividends to policyliolders 5119440 less dividends re
ceived from reinsuring companies 213426
34 Agents balances charged off
35 dross loss on sale or matufity id ledger assets viz Real
estate
37 Total disbursements
IVLedger Assets
1 Book value of real estate 59000 00
2 Mortgage loans on real estate first liens 5075 10
4 Book value of bonds 10860685 and
stocks 0013274 174739 59
5 ash in company s office 603 34
7 Deposits in trust companies ami banks on
interest 10238 22
8 Agents balances representing business writ
ten subsequent to October 1 1913 19985 41
15 Total ledger assets
NonLedger Assets
10 Interest accrued on mortgages 95 40
17 I ntcivst in iiucd on bonds 1374 03
499 95
857 81
790 11
597 41
127 04
9726 7
2834 11
941 51
2484 92
1591 29
97 52
771 81
49060 1
18 00
1000 00
212898 90
276241 56ComptrollerGenerals Report 141
22 Rents accrued on company a property or
lease 94 50
23 Total 1563 93
29 Gross assets 297805 49
Deduct Assets Not Admitted
36 Book value of ledger assets over market value 7784 59
39 Admitted assets 270020 90
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense plus 803037 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 8030 37
3 Gross claims for losses resisted 1085 62
i Total 9115 99
5 Deduct reinsurance due or accrued in com
panies authorized in Georgia 100 61
6 Net amount of unpaid losses and claims 9015 38
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 37558963 unearned pre
miums per recapitulation 18405 64
9 Dividends declared and unpaid to policyholders including all
unpaid dividends on terminated policies whether re
newed or not 3063 04
10 Salaries rents expenses bills accounts fees etc due or
accrued 9 5
11 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 1870 7
33 Total amount of all liabilities 198423 65
34 Surplus 71597 25
35 Total liabilities and surplus 270020 90
VIRisks and Premiums
1 In force on the 31 day of December as per line 5 under this
heading in last years statement 26919154 00
2 Written or renewed during the year 16729442 00142 ComptrollerGenerals Report
4 Total 43648596 00
5 Deduct those expired and marked off as terminated 14674415 00
6 In force at the end of the year 28974181 00
7 Deduct reinsurance permitted by laws of this State 1439680 00
8 Net amount in force 27534501 00
Business in the State of Georgia During the Year
21 Gross risks written 199 600 00
Less risks carried 33 150 00
Net risks written 166450 00
22 Gross premiums on risks written 3 754 53
Net premiums received 3 249 98
23 Losses paid deducting salvage 1374 36
24 Losses incurred 1 374 36
FRANKLIN FIEE INSURANCE COMPANY OF PHILADELPHIA
PENNSYLVANIA
George Pales Baker VicePresident Edgar P Luce Secretary
Home Office 421 Walnut Street Philadelphia Pa
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 3360345 30
4 Extended at 3360345 30
IIIncome
5 Gross premiums 1972799 34
6 Deduct Reinsurance premiums fire 229
86806 return premiums fire 33913985 569 007 91
7 Total premiums other than perpetual 403 791 43
8 Deposit premiums written on perpetual risks gross 8 488 22
9 Gross interest on mortgage loans 2 060 56
10 Gross interest on collateral loans 546 67
11 iross interest on lionIs ami dividends on
stocks less 112398 accrued interest on
lionds acquired during 1913
114710 23ComptrollerGenerals Report
143
12 Gross interest on deposits in trust companies
and banks 1634 68
16 Gross rents from companys property in
cluding 600000 for companys occu
pany of its own buildings 7840 00
17 Total gross interest and rents 126792 14
18 Prom other sources
19 Transfer fees 639 50
26 Gross profit on sale or maturity of ledger assets viz Bonds 2482 63
28 Total income 1542193 92
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1283221 occurring in pervious
years 1005602 88
2 Deduct amount received for Salvage fire
295939 reinsurance fire 15217249 155131 87
3 Net amount paid policyholders for losses
4 Expense of adjustment and settlement of losses
5 Commissions or brokerage less 4401294 reinsurance com
missions
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Salaries 365500 and expenses 3761859 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 600000 for companys occupancy of its
own buildings
10 Advertising 674169 printing and stationery 656844
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
feees 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 Capital stock tax
23 Other disbursements
850471 01
18061 55
298792 84
5096 63
91273 59
64604 28
8670 42
13310 13
10327 7
161 96
783 14
7271 58
20000 77
3481 0
6449 66
3868 18
1973 50 31165 51 15979 39 3035 94
144 ComptrollerGeneral s Keport
24 Incidental expenses 11383 32
25 Reinsurance deposit account 72 00
32 Tital 11455 32
33 Deposit premiums returned 29695 20
34 Paid stockholders for interest or dividends amount de
clared during the year 60000 59989 50
38 Agents balances charged off 315 72
39 Gross loss on sale or maturity of ledger assets viz Bonds 1627 37
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 23890 64
41 Total disbursements 1581752 71
IVLedger Assets
1 Book value of real estate 146444 53
2 Mortgage loans on real estate first liens 29185 00
4 Book value of bonds 267197392 and
stocks 59734 2731707 92
5 Cash in companys office 404 99
7 Deposits in trust companies and banks on
interest 97488 88
8 Agents balances representing business writ
ten subsequent to October X 1913 305272 40
9 Agents balances representing business writ
ten prior to October 1 1913 10282 79
16 Total ledger assets 3320786 51
NonLedger Assets
17 Tnterest accrued on mortgages 437 77
18 Interest accrued on bonds 35832 02
24 Total 36269 79
30 Gross assets 3357056 30
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 10 282 79
38 Brook value of ledger assets over market
value viz
39 Real estate 8944 53
40 Stocks and bonds 92 092 92
Total 111320 24
41 Total admitted assets 3 345 736 06ComptrollerGenerals Report
145
VLiabilities
1 Gross losses adjusted and unpaid 22985 60
2 Gross claims for losses in process of adjust
ment or in suspense plus 823915 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 132835 57
3 Gross claims for losses resisted 13445 22
4 Total 169266 39
5 Deduct reinsurance due or accrued 26436 47
6 Net amount of unpaid losses and claims 142829 92
7 Gross premium less reinsurance received and receivable
upon all unexpired fire risks 254180445 unearned pre
miums per recapitulation 1307108 18
11 Amount reclaimable by the insured on perpetual fire insur
ance policies being 95 per cent 18931704 90 per
cent 47882813 of the premium received or deposit
received 668145 17
16 Dividends declared and unpaid to stockholders 16 50
17 Salaries rents expenses bills accounts fees etc due or
accrued 2111 68
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 14970 71
19 Contingent commissions or other charges due or accrued 30423 20
21 Reinsurance and return premiums due other companies 31158 02
26 Total amount of all liabilities except capital 2196763 38
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 548972 68
30 Total liabilities 3245736 06
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December
as per line 6 under this heading in
last years statement 245554048 2668731 87
2 Written or renewed during the year per
Income No 5 193626805 1972799 34
4 Total 439180853 4641531 21
5 Deduct those expired and marked off as
terminated 151781723 1819424 85
6 In force at the end of the year 287399130 2822106 36
7 Deduct amount reinsured 24293855 280301 91
8 Net amount in force 263105275 2541804 45
9 Perpetual risks in force not included above 3376359800 Deposit
premiums on same 73131236146 ComptrollerGenerals Report
Business in the State of Georgia During the Year
27 Gross risks written 1501170 65
Less 390998 risks cancelled and 10254866 reinsurance
in companies authorized in Georgia 493 546 66
Net risks written 1007623 99
28 Gross premiums on risks writtten 25 902 30
Less 528084 returne premiums and 200764 premiums
for reinsurance in companies authorized in Georgia 7288 48
Net premiums received 18 313 82
29 Losses paid deducting salvage 7374 30
Less losses on risks reinsured in companies authorized in
Georgia 18 46
Net losses paid 7355 84
30 Losses incurred 7 985 41
Net losses incurred 7 985 41
THE GEORGIA FIRE INSURANCE COMPANY OF POLK COUNTY GA
Win 3 Harris President C M Ramspeck Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 307842 46
3 Decrease of paidup surplus during the
year 60 00
4 Extended at 307782 46
IIIncome
5 Gross premiums 285226 79
6 Deduct reinsurance premiums fire 87
73037 return premiums fire 47
64074 total 135371 11
7 Total premiums other than perpetual 149855 68ComptrollerGeneral s Report
147
5 Gross interest on mortgage loans 6125 61
10 Gross interest on collateral loans 378 10
11 Gross interest on bonds and dividends on
stocks 2572 00
12 Gross interest on deposits in trust com
panies and banks 1096 95
14 Sundry Sources and bills rec 585 72
16 Gross rents from companys property 1146 48
17 Total gross interest and rents
18 From other sources Com on reins
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 Stocks
28 Total income
11904 86
28756 54
10523 90
4292 31
20533 29
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1657957 occurring in pre
vious years
2 Deduct amount received for reinsurance
fire
127209 98
46097 21
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 404000 and expenses 450400 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 65718 printing and stationery 60867
11 Postage telegrams telephone and express
12 Legal expenses
14 Maps including corrections
18 Repairs and expenses other than taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Munic Ala 72647
and Ga 292406 total
State and Co tax
23 Other disbursements Exchange
25 Mies Expenses
26 Disc on B P
81112 77
2010 05
53418 06
8544 00
5678 16
1680 04
1265 85
1693 06
523 19
389 87
301 14
668 35
508 00
3650 53
1259 56
342 38
1840 04
1082 72
148 ComptrollerGenerals Report
34 Paid stockholders for interest or dividends amount de
clared during the year 90 00
38 Agents balances charged off 75 04
41 Total disbursements 186133 41
IVLedger Assets
1 Book value of real estate 12000 00
2 Mortgage loans on real estate 131102 73
3 Loans secured by pledge of bonds stocks
or other collateral 11185 41
4 Hook value of bonds 50443 00
5 Cash in companys office 9903 51
0 Deposits in trust companies and banks not
on interest 21223 45
7 Deposits in trust companies and banks on
interest 18480 46
8 Agents balances representing business
written subsequent to Oct 1 1913 51613 52
9 Agents balances representing business
written prior to Oct 1 1913 1277 09
11 Dills receivable taken for fire risks 9497 24
13 Sou Assn Fire Ins Co 328 68
14 Due from Keins Co 6184 56
15 Due from Specials 322 69
16 Total lodger assets 3269S2 34
NonLedger Assets
17 Inicrest due 354482 and accrued 3
21 7iii on mortgages 6762 48
19 I n nest due 12483 and accrued 595 on
collateral loans 130 78
21 Iills roc 513 83
22 Time Certif 903 83
23 Rents due on company property or lease 160 52
2 1 Total 8471 44
30 Cross assets 335453 78
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct I 1913 1277 09
36 Loans On personal security endorsed or
not 541 81
41 Total admitted assets 333 634 S8ComptrollerGenerals Report
149
VLiabilities
Gross claims for losses in process of ad
justment or in suspense
Gross claims for losses resisted
Total
Deduct reinsurance due or accrued
19524 22
3024 00
22548 22
7577 39
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 25193442 unearned premiums
per recapitulation 139922 15
14970 St
10
16
21
26
27
28
29
30
Total unearned premiums as computed above
Dividends declared and unpaid to stockholders
Reinsurance and return premiums due other companies
4
139322 15
1S7 50
1052 90
Total amount of all liabilities except capital 10500 1 38
Capital actually paid up in cash 100000 00
Surplus over all liabilities
68030 50
Surplus as regards policyholders
Total liabilities
168030 50
333634 88
VIBisks and Premiums
Fire Bisks Premiums Thereon
In force on the 31 day of Dec as per
line 6 under this heading in last
vear s statement 17200023 00 345444 00
Written or renewed during the year 16295564 00 285226 f9
Tta 33495587 00 630670 79
Deduct those expired and marked off as
terminated 11610214
197321 80
In force at the end of the year 21885373 00 433348 99
Deduct reinsured 9134627 00 181414 51
Net amount in force 12750746 00 251934 42
Business in the State of Georgia During the Year
13997231 00
Gross risks written
Less 300015300 risks cancelled and 3478507 rein
surance in companies authorized in Georgia 6478660 00
Net risks written
7518571 00150 ComptrollerGenerals Report
28 Gross premiums on risks written 238842 68
Less 3848191 return premiums and 7540624 prem
iums for reinsurance in companies authorized in Ga 113888 15
Net premiums received 124954 53
29 Losses paid deducting salvage Ill 994 17
Less losses on risks reinsured in companies authorized in
Georgia 4329 76
Net losses paid 68364 41
30 Losses incurred 114 isi 35
Less losses on risks reinsured in companies authorized in
Georgia 42906 61
Net losses incurred 71 074 75
GEORGIA HOME FIRE INSURANCE COMPANY
Rhodes Browne President Wm c Coart Secretary
ICapital Stock
1 Amount of capitl stock paid
up in cash 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 761 334 37
4 Extended at 761334 3
IIIncome
5 Gross premiums 475320 15
6 Deduct Reinsurance premiums fire 100
80486 return premiums fire 7718413 177988 99
7 Total premiums other than perpetual 97 3i 6
9 Gross interest on mortgage loans
10 Gross interest 011 collateral loans
11 Gross interest on bonds and dividends on
stocks less 14967 accrued interest on bonds
acquired during 1913
16 Gross rents from companys property in
cluding 140000 for companys occu
pancy of its own buildings
3682 41
934 85
23674 75
30i0 00
17 Total gross interest and rents
31912 01ComptrollerGenerals Report 151
27 Gross increase by adjustment in book value of ledger as
sets viz Bonds 875 00
28 Total income 330118 27
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1506667 occurring in pre
vious years 324099 71
2 Deduct amount received for Salvage fire
207661 reinsurance fire 9813883
discount fire 4200 total 100257 44
3 Net amount paid policyholders for losses 223842 27
4 Expenses of adjustment and settlement of losses 3410 16
5 Commissions or brokerage including 7469849 on risks of
other companies reinsured less 2354451 reinsurance
commissions 51153 98
6 Allowances to local agencies for miscellaneous agency ex
penses 1364 01
7 Salaries 1127500 and expenses 1044804 of special
and general agents 21723 01
8 Salaries fees and all other charges of officers directors
trustees and home office employees 22753 34
9 Rents including 1400 for companys occupancy of its own
buildings 4555 00
10 Advertising 112438 printing and stationery 108840 2212 78
11 Postage telegrams telephone and express 1888 47
12 Legal expenses 720 02
13 Furniture and fixtures 512 75
14 Maps including corrections 1400 70
15 Underwriters boards and tariff associations 6253 62
18 Repairs and expenses other than taxes on real estate 2141 33
19 Taxes on real estate 770 00
20 State taxes on premiums 8020 76
21 Insurance department licenses and fees 2065 30
22 All other licenses fees and taxes
Personal State county and city taxes 2001 00
Municipal and other taxes and licenses 7280 50
Total 9281 50
24 Miscellaneous and office expenses 3084 65
34 Paid stockholders for interest or dividends amount declared
during the year 900000 9000 00
38 Agents balances charged off 1626 35
39 Gross loss on sale or maturity of ledger assets viz Bonds 645 00 152 ComptrollerGeneral 40 Gross decrease by adjustment in book value sets viz Bonds 535000 Stocks 6961 41 Total disbursements s Report of ledger as00 total 12310 00
390734 726364 4087 424 46 67 19 84 70 14
IVLedger Assets 1 Book value of real estate 60000 00 19575 00 or 14520 00 504142 50 1326 87 19876 19 7i4Si 97 2553 36 788378 00
2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks other collateral
4 Book value of bonds 210222511 and stocks 29392000 total
5 ash in companys office
6 Deposits in trust companies and banks not on interest
8 Agents balances representing business writIon subsequent to October 1 1913 9 Agents balances representing business written prior to October 1 1913 13 Loans on personal security endorsed or not
16 Total ledger assets
NonLedger Assets 17 Interest due 1101 and accrued 275647 on mortgages i 2771 47 125li 25 59 4 7
20 Interest accrued 125625 on bonds lit Interest accrued on Collateral loans

24 Total
28 Due from reinsurance Cos on Liverpool 30 Gross assets
730876 10437
Deduct Assets Not Admi 34 Agents balances representing business written prior to October 1 1913 36 Loans on personal security endorsed or not tted 255 36 7553 87
Total
41 Total admitted assets
720439 56

ComptrollerGenerals Report
VLiabilities
153
1 Gross losses adjusted and unpaid 15066 67
2 Gross claims for losses in process of adjust
ment or in suspense 43242 39
3 Gross claims for losses resisted 6258 33
4 Total
5 Deduct reinsurance due or accrued
64567 39
25543 94
18
21
26
27
28
29
30
Net amount of unpaid losses and claims
Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 58656202 unearned pre
miums per recapitulation
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
Reinsurance and return premiums due other companies
39023 45
Surplus as regards polieyholders
Total liabilities
296519 19
6000 00
7301 48
Total amount of all liabilities except capital 348844 12
Capital actually paid up in cash 300000 00
Surplus over all liabilities 71595 44
371595 44
720439 56
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31st day of December as
per line 5 under this heading in last
years statement 66731367 980835 52
Written or renewed during the year 28551470 475320 25
Kxcess of original premiums over amount
received for reinsurance
Total 95282837 145687105
Deduct those expired and marked off as
terminated 42876118 618642 10
In force at the end of the year
Deduct amount reinsured
52406719 838228 95
19430956 251666 93
8 Net amount in force
32975763 586562 02154 ComptrollerGenerals Report
Business in the State of Georgia During the Tear
27 Gross risks written 5178827 00
Less risks cancelled 822 004 00
Net risks written 435833 00
28 Gross premiums on risks written 87 592 28
Less return premiums jj 339 qa
Net premiums received 4 yg 258 g4
29 Losses paid deducting salvage 33014 35
Less losses on risks reinsured in companies authorized in
Georgia 11742 03
Net losses paid 21 979 39
30 Losses incurred 50 04Q 52
Less losses on risks reinsured in companies authorized in
Georgia 23100 00
Net losses incurred 4 9g goo og
GERMAN ALLIANCE INSURANCE COMPANY OF NEW YORK N Y
William N Kremer President Edwin M Cragin Secretary
Home Office 1 Liberty Street New York City N Y
S Y Tupper Jr Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 400000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years t29 196 38
4 Extended at 1929 196 38
ITIncome
5 Gross premiums 3419 541 77
6 Deduct reinsurance premiums fire 2
13114726 return premiums ore 660
06766 total 9 791 214 92
7 Total premiums other than perpetual 628 396 85
9 Gross interest on mortgage loans 2 568 75ComptrollerGenerals Report 155
11 Gross interest on bonds and dividends on
stocks less 46265 accrued interest on
bonds acquired during 1913 78627 29
12 Gross interest on deposits in trust com
panies and banks 358 85
14 On subscription payments for bonds and
stocks 253 00
17 Total gross interest and rents 81807 89
26 Gross profit on sale or maturity of ledger assets viz
Stocks 58 69
28 Total income 710193 43
IIIDisbursements
1 Gross amount paid policyholders for losses
including 23802914 occurring in pre
vious years 1324384 48
2 Deduct amount received for salvage fire
422796 reinsurance fire 98335863
discount fire 4667 total 987636 26
5
3 Net amount paid policyholders for losses 336748 22
4 Expenses of adjustment and settlement of losses 6299 38
Commissions or brokerage 217215 96
8 Salaries fees and all other charges of officers directors
trustees and home office employees 3323 00
11 Postage telegrams telephone and express 5 70
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 3874 68
20 State taxes on premiums 10966 20
21 Insurance department licenses and fees 2520 96
22 All other licenses fees and taxes Federal corporation
tax 50038 municipal 138019 county 18341 2063 98
34 Paid stockholders for interest or dividends amount de
clared during the year 60000 00
39 Gross loss on sale or maturity of ledger assets viz
Bonds 28584 93
41 Total disbursements 671603 01
TVLedger Assets
2 Mortgage loans on real estate 55000 00
4 Book value of bonds 71359811 and
stocks 105633495 total 1769933 06
5 Cash in companys office 300 00156 ComptrollerGenerals Report
7 Deposits in trust companies and banks on
interest 33052 59
16 Total ledger assets 1907786 80
NonLedger Assets
17 Interest accrued on mortgages 812 50
20 Interest accrued on bonds 8334 00
24 Total 0146 50
30 Gross assets 1976933 30
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value viz Bonds 5704611 stocks
7387395 total 130920 06
40 Total 130920 06
41 Total admitted assets 1846013 24
VLiabilities
1 Gross losses adjusted and unpaid 171118 02
2 Cross claims for losses in process of ad
justment or in suspense plus 1501000
reserve for losses incurred prior to Per
31 of which no notice had been receiv
ed on that date 221356 00
3 Gross claims for losses resisted 30 540 00
4 Total 29895 I 12
5 Deduct reinsurance due or accrued 201082 00
i Xet amount of unpaid losses and claims 07S72 62
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 925S5S 12 unearned premiums
per recapitulation 487667 05
10 Total unearned premiums as computed above 487607 05
18 Estimated amount hereafter payable for federal state and
Other taxes based upon the business of the year of
of this statement 0 qqq qq
20 Total amount of all liabilities except capital 595 539 6727
28
29
30
27
28
29
30
CoMPTROLLERGrENERALs EEPORT 157
Capital actually paid up in cash 400000 00
Surplus over all liabilities 850473 57
Surplus as regards policyholders 1250473 57
Total liabilities 1846013 24
VIEisks and Premiums
Fire Eisks Premiums Thereon
In force on the 31 day of Dec as per
line 6 under this heading in last
years statement 439530853 00 4462020 46
Written or renewed during the year 335904735 00 3419541 77
Total 775435588 00 7881562 23
Deduct those expired and marked off as
terminated 302899317 00 3205971 69
In force at the end of the year472536271 00 4675590 54
Deduct amount reinsured 379642791 00 3749732 12
Net amount in force 92893480 925858 42
Business in the State of Georgia During the Year
Gross risks written 2628279 00
Less risks cancelled 531975 00
Net risks written 2096304 00
Gross premiums on risks written 42054 02
R Q19 95
Less return premiums
Net premiums received 35141 11
Losses paid deducting salvage 2344t 78
Losses incurred 26238 78
GERMAN AMERICAN INSURANCE COMPANY
William N Kremer President Edwin M Cragin Secretary
Home Office 1 Liberty Street New York City N Y
S Y Tupper Jr Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash
2000000 00158
ComptrollerGenerals Report
2 Amount of ledger assets as per balance
December 31 of previous year 21880403 89
4 Extended at 21880403 89
IIIncome
5 Gross premiums 15241675 12
6 Deduct Eeinsurance premiums fire 3
43769895 return premiums fire 2734
84172 total 6172540 67
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 383223 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust companies
and banks
13 Gross interest from all other sources On
Philadelphia Underwriters Association
deposit
14 On subscription payments for bonds and
stocks
15 On deferred payments of agents balances
126035 prepayment of taxes 19156
16 Gross rents from companys property in
cluding 5684500 for companys occu
pancy of its own buildings
9069134 45
4921 67
815963 40
8102 60
9 45
825 75
1451 91
219278 71
17 Total gross interest and rents j
19 Premiums collected on business with other companies
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger as
sets viz Bonds 2106 88
8tocks 5566 09
Total
28 Total income
050553 49
3141 15
2271 54
7672 97
10132773 60
IIIDisbursements
1 Gross amount paid policyholders for losses
including 87400610 occurring in pre
vious years 6538499 57
2 Deduct amount received for Salvage fire
3321202 reinsurance fire 1691
10991 discount fire 145883 total 1725780 76ComptrollerGenerals Report
159

3 Net amount paid policyholders for losses 4812718 81
4 Expenses of adjustment and settlement of losses 118839 81
5 Commissions or brokerage 1672042 37
6 Allowances to local agencies for miscellaneous agency ex
penses 3500 30
7 Salaries 40650184 and expenses 14650128 of special
and general agents 553003 12
8 Salaries fees and all other charges of officers directors
trustees and home office employees 352221 CO
9 Rents including 5584500 for company a occupancy of its
own buildings 77152 72
10 Advertising 1628722 printing and stationery 7618284 92470 17
11 Postage telegrams telephone and express 73115 06
12 Legal expenses 5146 97
13 Furniture and fixtures 15725 11
14 Maps including corrections 25229 62
15 Underwriters boards and tariff associations 111404 13
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 54245 51
17 Inspections and surveys 72843 16
18 Repairs and expenses other than taxes on real estate 81492 30
19 Taxes on real estate 36504 34
20 State taxes on premiums 143505 53
21 Insurance department licenses and fees 34915 66
22 All other licenses fees and taxes
Federal corporation tax 10019 91
Municipal 1932270 county 256773 21890 43
Total 31910 34
23 Other disbursements
24 Meracntile agency reports special reports
nd reference books 12356 51
25 Premiums on business placed with other
companies 6794 08
26 Miscellaneous office expenses 3927 48
Total 23078 07
34 Paid stockholders for interest or dividends amount declared
during the year 60000000 600000 00
38 Agents balances charged off 2243 40
39 Gross loss on sale or maturity of ledger as
sets viz Bonds 19239 09
Total 23078 07
Total 21700 94
41 Total disbursements 9015009 iZ160 ComptrollerGenerals Keport
IVLedger Assets
1 Book value of real estate 2678347 94
2 Mortgage loans on real estate first liens 83600 00
4 Book value of bonds 956257438 and
stocks 811720943 total 17679783 81
5 Cash in company a office 13 003 24
6 Deposits in trust companies and banks not
on interest 86919 80
7 Deposits in trust companies and banks on
interest 694013 20
8 Agents balances representing business writ
ten subsequent to October 1 1913 1600209 44
9 Agents balances representing business writ
ten prior to October 1 1913 50380 06
lli Bills receivable taken for fire risks 101911 07
13 Furniture fixtures and safes 10 000 00
10 Total ledger assets 22998168 36
NonLedger Assets
17 Interest accrued on mortgages 1 870 00
20 Interest accrued on bonds 139 645 13
18 Interest accrued on bank balance 3608 40
23 Rents due on companys property or lease 3865 92
24 Total 148989 45
Deduct Assets Not Admitted
33 Furniture fixtures and safe 10000 00
34 Agents balances representing business writ
ten prior to Oct 1 1913 50380 06
35 Bills receivable past due taken for marine
inland and fire risks 3 gJ3 04
39 Bonds 72247838 stocks 40717143
otl1 1129649 81
40 Beal estate 228 347 74
Total 1422239 65
41 Total admitted assets 6 724 918 16
VLiabilities
1 Gross losses adjusted and unpaid 140 661 00
2 Gross claims for losses in process of adjust
ment or in suspense plus 4500000 reComptrollerGenerals Report 161
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 1081399 00
3 Gross claims for losses resisted 141553 00
4 Total 1363613 00
5 Deduct reinsurance due or accrued 474056 50
6 Net amount of unpaid losses and claims 889559 50
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 1828212487 unearned
premiums per recapitulation 9420868 30
17 Salaries rents expenses bills accounts fees etc due or ac
crued 24714 85
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 140000 00
23 All other liabilities viz Rents paid in advance 780 75
24 Premiums due or to become due on business placed with
other companies 3141 15
26 Total amount of all liabilities except capital 10479062 61
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 9245855 55
29 Surplus as regards policyholders 11245855 5y
30 Total liabilities 21724918 16
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 2146704883 20665731 01
2 Written or renewed during the year 1631474905 15241675 12
3 Excess of original premiums over amount
received for reinsurance 1413932 78
4 Total 3778179788 37321338 94
5 Deduct those expired and marked off as
terminated 1441335816 14558052 00
6 In force at the end of the year 2336843972 22763286 94
7 Deduct amount reinsured 497668192 4481162 07
8 Net amount in force 1839175780 18282124 87162 ComptrollerGenerals Report
Business in the State of Georgia During the Year
27 Gross risks written 9000358 00
Less 2081861 risks cancelled and 305530 reinsurance in
companies authoriezd in Georgia 2 987 391 00
Net risks written 6012967 00
28 Gross premiums on risks written 190 097 92
Less 3194003 return premiums and 438428 premiums
for reinsurance in companies authorized in Georgia 36 324 31
Net premiums received 153 773 gj
29 Losses paid deducting salvage m 704 27
Less losses on risks reinsured in companies authorized in
Georgia 9712 86
Net losses paid 101991 41
30 Losses incurred Q4 953 27
Less losses on risks reinsured in companies authorized in
Georgia 10719 86
Net losses incurred 4 t 04 033 4
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK
Geo B Edwards President
Home Office 62 William Street New York
Samuel Williams Atlanta Attorney for Service
Gustav Kehr Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 7456033 94
4 Extended at
7456033 94
IIIne
5 Gross premiums 4056815 89
6 Deduct reinsurance premiums fire 552
08613 return premiums fire 526
552045 total i078638 17
7 Total premiums other than perpetual 2 978 177 72ComptrollerGenerals Report 163
9 Gross interest on mortgage loans 19832 94
11 Gross interest on bonds and dividends on
stocks less 204976 accrued interest on
bonds acquired during 1913 263027 99
12 Gross interest on deposits in trust com
panies and banks 7892 21
14 From branch office balances 227 84
15 From prepayment of real estate taxes 122 21
16 Gross rents from companys property in
cluding 2500000 for companys occu
pancy of its own buildings 47689 93
17 Total gross interest and rents 338793 12
18 From other sources Conscience money
received 25 0JD
20 10 shares underwriters salvage Co of
Chicago again listed 1000 00
25 From agents balances previously charged off 54 32
26 Gross profit on sale or maturity of ledger assets viz
Bonds 687 50
Stocks 2000 00
28 Total income 3320 737 66
IIIDisbursements
1 Gross amount paid policyholders for losses
including 20496753 occurring in pre
vious years 1650767 21
2 Deduct amount received for salvage fire
824959 reinsurance fire 30356879
Discount fire 70072 total 312519 10
3 Net amount paid policyholders for losses 1338248 11
4 Expenses of adjustment and settlement of losses 74965 01
5 Commissions or brokerage 676143 68
6 Allowances to local agencies for miscellaneous agency
expenses 93374 80
7 Salaries 8446055 and expenses 4900728 of special
and general agents 133467 83
8 Salaries fees and all other charges of officers directors
trustees and home office employees 154758 06
9 Rents including 25000 for companys occupancy of its
own buildings 31491 05
10 Advertising 491136 printing and stationery 1715524 22066 60
11 Postage telegrams telephone and express 21912 54
12 Legal expenses 1942 36
13 Furniture and fixtures 3635 52164
ComptbolleeGenebals Eepoet
14 Maps including corrections 11021 58
15 Underwriters boards and tariff associations 6607 01
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 22862 60
17 Inspections and surveys 40379 54
18 Kepairs and expenses other than taxes on real estate 15577 54
19 Taxes on real estate 12127 00
20 State taxes on premiums 54707 78
21 Insurance department licenses and fees 16941 65
22 AH other licenses fees and taxes Federal corporation
tax 7054 17
Municipal and county licenses and taxes 9471 25
Fire marshals taxes 4060 31
23 Other disbursements Apprasial of mortgaged property
and other expenses in connection with investments
49000 exchange 346529 subscriptions 88135
charity 14100 insurance premiums of surety bonds
47593 spring water ice towels 98374 mercantile
agencies 249870 auditing 158125 miscellaneous
9688 total 10614 14
34 Paid stockholders for interest or dividends amount de
clared during the year 200000 00
38 Agents balances charged off 169 46
39 Gross loss on sale or maturity of ledger assets viz
Bonds 953 08
40 Gross decrease by adjustment in book value of ledger
assets viz Real estate 1168 39
41 Total disbursements 2965721 06
IVLedger Assets
1 Book value of real estate 750000 00
2 Mortgage loans on real estate 492500 00
4 Book value of bonds 276150469 and
stocks 273174962 total 5493254 31
5 Cash in companys office 1660 44
6 Deposits in trust companies and banks not
on interest 36523 55
7 Deposits in trust companies and banks on
interest 492722 19
8 Agents balances representing business
written subsequent to Oct 1 1913 334192 75
9 Agents balances representing business
written prior to Oct 1 1913 10197 30
16 Total ledger assets 7811050 54ComptrollerGenerals Report 165
NonLedger Assets
17 Interest accrued on mortgages 7200 60
20 Interest accrued on bonds 37155 25
23 Rents due 22833 and accrued 16666 on
companys property or lease 394 99
24 Total 44750 84
SO Gross assets 7855801 38
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 10197 30
38 Book value of ledger assets over market
value 585406 81
40 Total 595604 11
41 Total admitted assets 7260197 27
VLiabilities
1 Gross losses adjusted and unpaid 100593 41
2 Gross claims for losses in process of ad
justment or in suspense plus 344601
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 146196 24
3 Gross claims for losses resisted 35647 00
4 Total 282436 65
5 Deduct reinsurance due or accrued 97572 10
6 Net amount of unpaid losses and claims 184864 55
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 656054217 unearned prem
iums per recapitulation 3365601 13
10 Total unearned premiums as computed abovg 3365601 13
17 Salaries Tents expenses bills accounts fees etc due or
accrued 2224 73
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 55000 0Q166
COMPTROLLERGENERAL s REPORT
19 Contingent commissions or other charges due or accrued
21 Reinsurance and return premiums due other companies
19492 30
36747 57
26 Total amount of all liabilities except capital 3 663 930 28
27 Capital actually paid up in cash 1000000
28 Surplus over all liabilities 2 596 266 99
29 Surplus as regards policyholders 3 596 266 99
30 Total liabilities 7260197 27
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of Dec as per
line 6 under this heading in last
year s statement 76i818731 00 7266992 51
2 Written or renewed during the year 412593004 00 4056815 89
3 Excess of original premiums over
amount received for reinsurance 53Q 38
al 1173411735 00 11324338 78
5 Deduct those expired and marked off as
terminated 389083750 00 3886922 21
6 In force at the end of the year784327985 00 7437 416 57
7 Deduct amount reinsured 80865371 00 876874 40
8 Net amount in force
703462614 00 6560542 17
Business in the State of Georgia During the Year
27 oss risks written 5mm Qj
Less 1484974 risks cancelled and 1334800 reinsur
ance in companies authorized in Georgia 1471626 00
Net risks written m
28 Gross premiums on risks written 87 08 28
Less 1449109 return premiums and 41212 premiums
for reinsurance in companies authorized in Georgia 14903 21
Net premiums received d
29 Losses paid deducting salvage
Less losses risks reinsured in companies authorized in
Georgia
72125 07
33575 26
2 90
Net losses paid
33572 36ComptrollerGeneral s Report 167
30 Losses incurred 50597 41
Less losses on risks reinsured in companies authorized in
Georgia 2 90
Net losses incurred 50594 51
GIRARD FIRE AND MARINE INSURANCE COMPANY
Henry M Gratz President Edward J Thornason Secretary
John A Whitner 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 2553464 29
4 Extended at 2553464 29
ITIncome
5 Gross premiums 1324581 15
6 Deduct Reinsurance premiums fire 295
47015 return premiums fire 213
72882 total 509204 97
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 84923 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust companies
and banks
14 Dividend on Mutual Assurance policy
15 Interest on Phi hi Fire Underwriters deposit
Interest on bills receivable
16 Gross rents from companys property in
eluding 900000 for companys occu
pancy of its own buildings
9370 05
1935 73
81673 03
740 51
30 00
3 15
23 95
17320 21
815376 18
11051 31
17 Total gross interest and rents
111096 63168
ComptrollerGenerals Report
19 Return premiums on perpetual reinsurance policies
27 Gross increase by adjustment in book Value of ledger assets
viz Bonds
28 Total income 940371 97
126 00
2721 85
IIIDisbursements
1 Gross amount paiuTpolicyholders for losses
including 6203671 oeeuring in previous
years
2 Deduct amount received for Salvage fire
181774 reinsurance fire 15354776
total
563242 91
155365 50
10
11
12
13
14
15
16
17
18
19
20
21
22
Net amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous expenses
Salaries 1018000 and expenses 886350 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 9000 for companys occupancy of its own
buildings
Advertising 109330 printing and stationery 945421
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters Boards and Tariff Associations
Fire department fire patrol and salvage corps assessments
fees taxes and expenses
Inspections and surveys
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes
a Federal corporation tax 720 92
b 3816 01
2746 85
1 00
Total
23 Other disbursements
24 Investment expenses
25 Interest on bills payable
407877 41
10167 57
211910 47
5245 74
19043 50
62050 00
12498 04
10547 51
2763 92
821 95
596 00
3464 54
10668 03
8900 54
3949 11
4416 SI
4074 43
11113 67
7974 31
7284 78
247 50
111 11ComptrollerGenerals Report 169
26 Auditing books for department office 100 00
27 General agents bond 181 25
28 Christmas presents 454 38
28 Electricity 364 92
30 Notary fees 8 00
31 Insurance on furniture and fixtures 411 42
32 Incidentals 552 74
Total 2431 32
33 Deposit premiums returned 26007 45
34 Paid stockholders for interest or dividends amount de
clared during the year 100000 100000 00
38 Agents balances charged off 27 25
39 Gross loss on sale or maturity of ledger assets viz Bonds 979 77
40 Gross decrease by adjustment in book value of ledger assets
viz Bonds 1384 28
41 Total disbursements 936198 41
IVLedger Assets
1 Book value of real estate 211497 32
2 Mortgage loans on real estate first liens 180400 00
5 Loans secured by pledge of bonds stocks or other collateral 34500 00
4 Book value of bonds 173954377 and
stocks 15858431 total 1898127 00
5 Cash in company a office 1478 50
7 Deposits in trust companies and banks on
interest 85087 06
8 Agents balances representing business writ
ten subsequent to October 1 1913 141687 04
9 Agents balances representing business writ
ten prior to October 1 1913 1419 39
11 Bills receivable taken for fire risks 2629 96
12 Other ledger assets vizPhiladelphia Under
writers deposit 100 00
13 Perpetual policies or insurance on companys
real estate 712 50
16 Total ledger assets 2557637 85
NonLedger Assets
17 Interest accrued on mortgages 2207 14
18 Interest accrued on bonds 22867 12
19 Interest accrued on collateral loans 455 45
24 Total 25529 71170 ComptrollerGenerals Report
35 Market value of real estate over book value 55752 68
27 Other nonledger assets viz Unearned portion of premiums
on fire insurance policies covering company a real estate
holdings 1462 40
30 Gross assets 2640382 64
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 1418 39
38 Book value of ledger assets over market
value viz Stocks and bonds 106894 39
40 Total 108312 78
41 Total admitted assets 2532069 86
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense 78863 00
3 Gross claims for losses resisted 2400 00
4 Total 81263 00
5 Deduct reinsurance due or accrued 31467 00
6 Net amount of unpaid losses and claims 49796 00
7 dross premiums less reinsurance received and receivable
upon all unexpireil fire risks 184293454 unearned pre
miums per recapitulation 960749 32
11 Amount reclaimable by the insured on perpetual fire insur
ance policies being 90 per cent of the premium or de
posit received 585463 57
18 Estimated amount hereafter payable for federal State and
other taxes based upon the business of the year of this
sta tenient 3500 00
26 Total amount of all liabilities except capital 1599508 89
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 432560 97
29 Surplus as regards policyholders 932560 97
30 Total liabilities 2532069 86ComptrollerGeneral s Report
171
VIEisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 248837487 2299495 65
2 Written or renewed during the year 127004796 1324581 15
4 Totali 375842283 3624076 80
5 Deduct those expired and marked off as
terminated 123198251 1278997 65
6 In force at the end of the year 252644032 2345079 15
7 Deduct amount reinsured 42980277 502144 61
8 Net amount in force 209663755 1842934 54
9 Perpetual risks not included above 31668341 deposit premiums on
same 65051508
Business in the State of Georgia During the Year
27 Gross risks written 3940666 00
Less 798426 risks cancelled and 1248799 reinsurance in
companies authorized in Georgia 2047225 00
Net risks written 1893441 00
28 Gross premiums on risks written 71768 45
Less 1157477 return premiums and 2327704 premiums
for reinsurance in companies authoried in Georgia 34851 81
Net premiums received 36916 64
29 Losses paid deducting salvage 35414 39
Less losses onu risks reinsured in companies authorized in
Georgia 17038 96
Net losses paid 18375 43
30 Losses incurred 37166 39
Less losses on risks reinsured in companies authorized in
Georgia 17166 39
Net losses incurred
19522 43172 ComptrollerGenerals Report
glens falls insurance company of glens falls n y
T L Cunningham President E W West Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 5668179 67
4 Extended at
5668179 67
IIIncome
5 Gross premiums fire 297165675 marine
13113787 total
6 Deduct reinsurance premiums fire 418
86278 marine and inland 1084523
return premiums fire 42601028 ma
rine and inland 2991329 total
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 117960 accrued interest
on bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
14 Eeins Bureau
15 On Real estate contracts
16 Gross rents from companys property in
cluding 600000 for 6 months com
panys occupancy of its own buildings
3102794 62
885631 59
2217162 98
105954 81
152112 36
11904 61
63 39
183 34
12319 19
17 Total gross interest and rents
18 From other sources On Sale of Northern Pacific R R
rights
20 From Union Pacific R R Syndicate
21 From unredeemed checks to Profit and Loss
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
Stocks
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
Stocks
282597 70
245 00
1000 00
156 94
346 29
210 70
636 20
196 95
220 50
28 Total income 2 543 890 11ComptrollebGeneeals Report
IIIDisbursements
173
1 Gross amount paid policy
holders for losses in
cluding 16355945 oc
curring in previous
years 1371194 06
2 Deduct amount received
for salvage fire 8
12604 marine and in
land 59850 reinsur
ance fire 21963618
marine and inland 2
45515 discount fire
42590 total 228188 12
45192 32
3053 65
9
10
11
12
13
14
15
16
17
18
19
20
21
22
24
32
Net amount paid policy
holders for losses1143005 94 42138 67
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 10565072 and expenses 5076270 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 600000 for companys 6 mos occu
pancy of its own buildings
Advertising 318064 printing and stationery 21
89831 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 910138 local and municipal 589333 pub
statement 28683 federal eorpn 283047 on dev
of bonds 2500 on mtgs 6575 total
Offico and mesc exp not included above
Furn and fix for now office bldg to profit and loss
1185144 61
42441 10
469204 82
985 10
156413 42
83423 23
6937 16
25078 95
17639 13
1410 89
1410 89
12574 61
27967 49
10346 22
12397 23
117 14
5327 03
35480 69
10996 60
9101 38
23543 32
29401 96174 ComptrollerGeneral s Beport
34 Paid stockholders for interest or dividends amount de
clared during the year 185000 00
36 Interest paid to scripholders 1908 36
40 Gross decrease by adjustment in book value of ledger
assets viz Real estate 175526 71
Bonds 146447 50
Stocks 58930 00
41 Total disbursements 2 734 527 84
IVLedger Assets
1 Book value of real estate 218408 43
2 Mortgage loans on real estate 1894185 00
3 Loans secured by pledge of bonds stocks
or other collateral 60000 00
4 Book value of bonds 217976782 and
stocks 32315000 total 2502912 82
5 Cash in companys office 13150 88
7 Deposits in trust companies and banks on
interest 427876 56
9 Agents balances representing business
written prior to Oct 1 1913 1 148 41
16 Total ledger assets 5477541 94
NonLedger Assets
17 Interest due 636631 and accrued 6
71569 on mortgages 13082 00
20 Interest due 450000 and accrued 28
41492 on bonds 32 914 92
19 Interest accrued on collateral loans 289 16
22 Accrued on deposits x7 50
23 Rents accrued on companys property or
lease 1 H s 62
24 Total I 47 262 20
27 Other nonledger assets viz Reins due on losses paid 1883 64
nss lsslts 5526687 78
Deducl Assets Not Admitted
34 Agents balances representing Imsincss
written prior to Oct 1 in 11 1148 41
4 Tote1 337 114841
II Total admitted assets 5525539 37ComptrollerGenerals Report 175
VLiabilities
1 Gross losses adjusted and unpaid 19576 66
2 Gross claims for losses in process of ad
justment or in suspense plus 23160
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 189731 58
3 Gross claims for losses resisted 36253 50
4 Total 245561 74
5 Deduct reinsurance due or accrued 35665 74
6 Net amount of unpaid losses and claims 209896 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 455400223 unearned prem
iums per recapitulation 2353345 46
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
7976098 unearned premiums fifty per
ceni 39880 49
10 Total unearned premiums as computed above 2393225 95
17 Salaries rents expenses bills accounts fees etc duo or
accrued 3000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 33000 00
21 Reinsurance and return premiums due other companies 17116 54
23 All other liabilities viz Reserve for dividend 50000 00
26 Total amount of all liabilities except capital 2706238 49
27 Capitalactually paid up in cash 500000 00
28 Surplus over all liabilities 2319300 88
29 Surplus as regards policyholders 2819300 88
30 Total liabilities 5525539 37
Business in the State of Georgia During the Year
27 Gross risks written 5305086 00
Less 129300900 risks cancelled and 137549900 rein
surance in companies authorized in Georgia 2668508 00
Net risks written 2636578 00176 ComptbollebGeneeals Repoet
28 Gross premiums on risks written 75253 99
Less 1600035 return premiums and 2001559 prem
iums for reinsurance in companies authorized in Ga 36015 94
Net premiums received 39238 05
29 Losses paid deducting salvage 39079 43
Less losses on risks reinsured in companies authorized in
Georgia 19293 36
Net losses paid 19786 05
30 Losses incurred 36418 60
Less losses on risks reinsured in companies authorized in
Georgia 19293 36
Net losses incurred 17125 24
GLOBE AND RUTGERS FIRE INSURANCE COMPANY OF NEW YORK
E Jameson President W TI Paulison T T Gordon Secretaries
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 7331292 73
4 Extended at 7331292 73
ITIncome
5 Cross premiums 6559008 23
6 Deduct Reinsurance premiums fire 1
04991097 return premiums lire 1
5765958 total 2107570 55
7 Total premiums other than perpetual 4452097 68
9 Cross interest on mortgage loans 5007 63
11 Cross interest on bonds and dividends on
storks less 808363 accrued interest on
bonds acquired during L913 312 946 13
12 Cross interest on deposits in trust companies
and banks 1171 23
14 Miscellaneous 12 60
16 Grossrents from companys property 5666 30
17 Total gross inter st and rents
324803 89ComptrollerGenerals Report 177
20 Mercantile National Bank in liquidation v 3037 50
22 Received account borrowed money 235000 00
26 Gross profit on sale of maturity of ledger assets viz Stocks 6097 52
28 Total income 5021036 50
IIIDisbursements
1 Gross amount paid policyholders for losses
including 49895449 occurring in pre
vious year 3390401 93
2 Deduct amount received for Salvage fire
4340026 reinsurance fire 83244034
discount fire 564255 total 881483 15
3 Net amount paid policyholders for losses 2508918 78
4 Expenses of adjustment and settlement of losses 38609 86
5 Commissions or brokerage 837835 63
8 Salaries fees and all other charges of officers directors
trustees and home office employees 138241 23
9 Rents 10625 07
10 Advertising 251957 printing and stationery 956204 12081 6t
11 Postage telegrams telephone and express 6929 65
12 Legal expenses 13360 87
13 Furniture and fixtures 2273 31
14 Maps including corrections 6572 39
15 Underwriters boards and tariff associations 23940 59
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 15559 4
17 Inspections and surveys 10237 20
18 Repairs and expenses other than taxes on real estate 682 44
19 Taxes on real estate 1143 10
20 State taxes on premiums 54486 8
21 Insurance department licenses and fees 4933 22
22 All other licenses fees and taxes
Federal corporation tax 6584 98
Franchise tax 7725 05
Total 14310 03
23 Other disbursements
25 Interest on borrowed money 29620 53
27 Exchange on agents drafts 2271 16
29 Subscription to papers and mercantile agen
cies 1698 02
32 Total 33589 71
34 Paid stockholders for interest or dividends amount de
clared during the year 16000000 160000 00178 CompteollerGeneeals Report
39 Gross loss on sale or maturity of ledger assets viz Bonds
488125 stocks 636807 total 11249 32
40 Gross decrease by adjustment in book value of ledger as
sets viz Stocks 337 50
41 Total disbursements 3905917 89
IVLedger Assets
1 Book value of real estate 72945 00
2 Mortgage loans on real estate first liens 113700 00
4 Book value of bonds 265990338 and
stocks 427250490 total 6932408 2S
5 Cash in company s office 856 05
6 Deposits in trust companies and banks not
on interest 158389 76
7 Deposits in trust companies and banks on
interest 1S3770 47
8 Agents balances representing business writ
ten subsequent to October 1 1913 957767 87
9 Agents balances representing Dusiness writ
ten prior to October 1 1913 26574 00
16 Total ledger assets 8446411 43
NonLedger Assets
17 Interest accrued on mortgages 1413 68
IS Interest accrued on bonds 30232 70
24 Total 37646 47
30 Gross assets 8484057 90
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October I 1913 26574 00
38 Book value of ledger assets aver market
value 372117 2s
40 Total 403781 28
41 Total admitted assets 8020276 62
VLiabilities
1 Gross losses adjusted and unpaid 133043 00
2 Gross claims for losses in process of adjustCompteolleeGeneeals Repobt 179
ment or in suspense plus 2000000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 600747 00
3 Gross claims for losses resisted 59711 00
4 Total 793501 00
5 Deduct reinsurance due or accrued 198693 00
6 Net amount of unpaid losses and claims 594808 00
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 246158782 unearned premiums
per recapitulation 1208222 07
8 Gross premiums less reinsurance cash and
bills received and receivable upon all
unexpired inland navigation risks 3
88515778 unearned premiums fifty per
cent 1942578 89
10 Total unearned premiums as computed above 3150900 96
17 Salaries rents expenses bills accounts fees etc due or
accrued 2500 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 27500 00
19 Contingent commissions or other charges due or accrued 59541 00
22 Due and to become due for borrowed money 570000 00
26 Total amount of all liabilities except capital 4405149 96
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 3215126 66
29 Surplus as regards policyholders 3615126 66
30 Total liabilities 8020276 62
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 524718829 6095895 73
2 Written or renewed during the year 658599111 6559668 23
3 Excess of original premiums over amount
received for reinsurance 637375 65
4 Total 1183317940 13292939 61180 ComptrolleeGeneeals Kepoet
5 Deduct those expired and marked off as
terminated
571964050 6236391 27
6 In force at the end of the year
7 Deduct amount reinsured
611353890
55213354
7056548 34
709802 74
8 Net amount in force 556140536 6346745 60
Business in the State of Georgia During the Year
27 Gross risks written 4620979 00
Less 2054834 risks cancelled and 29670 reinsured in
companies authorized in Georgia 208404 00
Net risks written 2536475 00
28 Gross premiums on risks written 59528 08
Less 1241106 return premiums and 42044 premiums for
reinsurance in companies authorized in Georgia
12831 50
Net premiums received
29 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
30 Losses incurred
Less losses ob risks reinsured in companies authorized in
Georgia
46696 58
10719 28
793 52
9925 76
1 1394 64
77S 74
Net losses incurred
10615 SKI
GREAT SOUTHERN FIRE INSURANCE COMPANY OF LYNDON KY
William 11 Oox President W J Ruby Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 280090 00
2 Amount of ledger assets when Co com
menced business 454161 94
3 Increase of paid up capital during the
year 180090 00
4 Extended at 034251 94ComptrollerGenerals Report
181
IIIncome
5 Gross premiums 342295 62
6 Deduct reinsurance premiums fire 25
25095 return premiums fire 2184576 47096 71
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
14 Interest deposits and stk notes
17 Total gross interest and rents
18 From other sources Commissions on reinsurance
20 Return commissions sale stock
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
Stocks
295198 9
1650 00
872 08
2721 13
3134 97
8378 18
28 Total income
6453 77
3452 80
391 25
80 CO
948206 85
IIIDisbursements
1 Gross amount paid policyholders for
losses 43616 39
2 Deduct amount received for reinsurance
fire 3102 47
9
10
11
12
15
16
21
22
23
25
26
Net amount paid policyholders for losses j
Commissions or brokerage
Salaries 223350 and expenses 200433 of special and
general agts
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 59930 printing and stationery 286349
Postags telegrams telephone and express
Legal expenses
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Insurance department licenses and fees
All other licenses fees and taxes City licenses for
agents
City state and county taxes
Other disbursements Local bonds
Investment expense
Exchange
40513 92
85414 99
4237 83
14274 23
2066 50
3462 79
1879 74
2056 60
192 90
75 08
2432 35
374 50
545 86
225 43
106 70
68 27
182 ComptrollerGenerals Report
27 General expense items 1140 56
28 Commissions and organization expense 189848 40
41 Total disbursements 350318 57
IVLedger Assets
2 Mortgage loans on real estate 302016 66
3 Loans secured by pledge of bonds stocks
or other collateral 103250 00
4 Book value of bonds 5911000 and
stocks 88000 total 56990 00
5 Cash in company s office 9 35
6 Deposits in trust companies and banks
not on interest 44172 26
8 Agents balances representing business
written subsequent to Oct I 1913 76129 74
9 Agents balances representing business
written prior to Oct 1 1913 1314 18
12 Other ledger assets viz County claims 3717 67
13 Furniture and fixtures 2653 95
14 Maps 122132 accts accruable 561514 6836 46
15 Reins premiums 198 01
16 Total ledger assets 597888 28
NonLedger Assets
17 Intrest accrued on mortgages 7610 60
20 Interest on bonds 1343 33
19 Interest accrued on collateral loans 1381 88
21 County claims 199 13
22 Certificates of deposits 25168
24 Total 10786 62
Deduct Assets Not Admitted
33 Furniture fixtures and maps 3875 27
34 Agents balances representing business
written prior to Oct 1 1913 1314 18
39 Accounts receivable 5615 14
40 Total 10804 59
41 Total admitted assets 597870 31ComptrollerGenerals Report
183
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense
60117 12
4 Total 60117 12
5 Deduct reinsurance due or accrued 12306 31
6 Net amount of unpaid losses and claims i
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
Are risks 30227933 unearned prem
iums per recapitulation 169251 85
47810 81
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement
21 Reinsurance and return premiums due other companies
169251 85
1102 95
1500 00
8867 92
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 280090 00
28 Surplus over all liabilities 89246 78
228533 53
29 Surplus as regards policyholders
30 Total liabilities
369336 78
VIRisks and Premiums
2 Written or renewed during the year
3 Excess or original premiums over amount received for re
insurance
597870 31
342295 62
7080 42
4 Total
5 Deduct those expired and marked off as terminated
6 In force at the end of the year
7 Deduct amount reinsured
349376 04 21845 76
327530 20 25250 95
8 Net amount in force 302279 33
Business in the State of Georgia During the Year
27 Gross risks written
28 Gross premiums on risks written
29 Losses paid deducting salvage
30 Losses incurred
750 00
22 50
2416 03
3655 86184
ComptrollerGenerals Report
HAMBURG BREMEN FIRE INSURANCE COMPANY OF HAMBURG
GERMANY
Johan B Schroeder President II Buchenberger Managing Director
ICapital Stock
1 Deposit capital pursuant to laws of Georgia
deposited in New York 200000 00
2 Amount of ledger assets as per balance December 31 of
previous year 1945922 08
IIIncome
3 Gross premiums 2182546 38
4 Deduct Reinsurance premiums fire 556
26190 return premiums 32636445 882631 35
7 Total premiums other than perpetual 1299915 03
10 Gross interest on collateral loans 737 57
11 Gross interest on bonds and dividends on
stocks less 95811 accrued interest on
bonds acquired during 1913 68449 52
12 Gross interest on deposits in trust companies
and banks 587 32
14 Gross interest on unlisted assets 190 00
17 Total gross interest and rents
20 Received from home office
26 From agents balances previously charged off
27 Gross profit on sale or maturity of ledger assets viz Bonds
28 Gross increase by adjustment in book value of ledger as
sets viz Bonds
69964 41
10527 36
123 31
1087 50
250 00
29 Total income 1381867 61
IIIDisbursements
1 Gross anioiml paid policyholders for losses
including 12576648 occurring in pre
vious years 1103617 61
2 Deduct amount received for Salvage fire
724449 reinsurance fire 33592269
discount fire 53318 total 343700 36
Net amount paid policyholders for losses 759917 25
4 Expenses of adjustment and settlement of losses 24378 96ComptrollerGenerals Report 185
5 Commissions or brokerage 228 069 29
6 Allowances to local agencies for miscellaneous agency ex
Penses 369 53
7 Salaries 6026599 and expenses 2267229 of special and
general agents 82938 28
8 Salaries fees and all other charges of officers directors
trustees and home office employees 96 014 17
9 Rents 22433 85
10 Advertising 425707 printing and stationery 953356 13790 63
11 Postage telegrams telephone and express 13516 41
12 Legal expenses 3113 34
14 Maps including corrections 7 003 54
15 Underwriters boards and tariff associations 21835 51
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 11505 67
17 Inspections and surveys 6 781 77
20 State taxes on premiums 33 639 50
21 Insurance department licenses and fees 8417 24
22 All other licenses fees and taxes
State licenses 1260 00
City and county licenses 6031 49
City and county taxes and fees 1416 15
Total 8707 64
23 Other disbursements
24 Remittances to home office 5855 94
25 Premium on surety bond of employees 729 33
26 Exchange 304 90
27 Subscription to periodicals 275 66
28 Commercial agency 1482 27
32 Total 8648 10
39 Gross loss on sale of maturity of ledger assets viz Bonds 2296 88
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 24238 75
41 Total disbursements 1379180 95
IVLedger Assets
4 Book value of bonds 1628168 67
7 Deposits in trust companies and banks on
interest 51966 67
8 Agents balances representing business writ
ten prior to October 1 1913 6735 36
16 Total ledger assets 1948608 74186 ComptrollerGeneeals Report
NonLedger Assets
18 Interest accrued on bonds 23500 21
30 Gross assets 1972108 95
Deduct Assets Not Admitted
34 Agents balances representing busines writ
ten prior to October 1 1913 6735 36
38 Book value of bonds over market value 21358 67
40 Total 28094 03
41 Total admitted assets 1944014 92
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense plus 1405050 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 141300 00
3 Gross claims for losses resisted 29300 00
4 Total 170600 00
5 Deduct reinsurance due or accrued 54145 00
6 Net amount of unpaid losses and claims 116455 00
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 237178705 unearned pre
miums per recapitulation 1232415 29
17 Salaries rents expenses bills accounts fees etc due or ac
crued 7500 00
18 Estimated amount hereafter payable for federal State and
other taxes based upon the business of the year of this
statement 27500 00
26 Total amount of all liabilities except capital 1383870 29
27 Deposit capital 200000 00
28 Surplus over all liabilities 360144 63
28 Surplus as regards policyhohlers 560144 63
30 Total liabilities 1944014 92
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line li under this heading in hist
years statement 269031945 3130285 45ComptrollerGenerals Report
187
2 Written or renewed during the year 190236873 2182546 38
3 Excess of original premiums over amount
received for reinsurance
6874 36
4 Total 459268818 5319706 19
5 Deduct those expired and marked off as
terminated 170346714 2037366 81
6 In force at the end of the year 288922104 3282339 38
7 Deduct amount reinsured 75182361 910552 33
8 Net amount in force 213739743 2371787 05
Business in the State of Georgia During the Year
27 Gross risks written 4004539 00
Less 964738 risks cancelled and 116678 reinsurance in
companies authorized in Georgia 1 081416 00
Net risks written 2923123 00
28 Gross premiums on risks written 59 n 77
Less 924468 return premiums and 163991 premiums for
reinsurance in companies authorized in Georgia 10 884 59
I
Net permiums received 443 537 jg
29 Losses paid deducting salvage 29 169 44
30 Losses incurred 29 549 44
THE HANOVER FIRE INSURANCE COMPANY OF NEW YORK
E Emory Warfield President Joseph McCord Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 4789410 12
4 Extended at 4789410 12
IIIncome
5 Gross premiums 3803015 90
6 Deduct reinsurance premiums fire 723
71418 return premiums fire 550
44495 total 1274159 13188
ComptrollerGenerals Report
7 Total premiums other than perpetual 2528856 77
9 Gross interest on mortgage loans 175 00
11 Gross interest on bonds and dividends on
stocks less 40613 accrued interest on
bonds acquired during 1913 138788 97
12 Gross interest on deposits in trust com
panies and banks 4328 57
13 Gross interest from all other sources
14 On daily deposit at Chicago office 158 68
16 Gross rents from companys property in
cluding 1800000 for companys occu
pancy of its own buildings 67993 59
17 Total gross interest and rents 211444 81
25 From agents balances previously charged off 374 07
26 Gross profit on sale or maturity of ledger assets viz
Bonds 1196 25
28 Total income 2741871 90
IIIDisbursements
1 Gross amount paid polieyholders for losses
including281507 55 occurring in pre
vious years 1910412 30
2 Deduct amount received for salvage fire
850578 reinsurance fire 43599848
discount fire 109297 total 445597 23
9
10
11
12
13
14
15
16
17
Net amount paid polieyholders for losses 1464815 07
Expenses of adjustment and settlement of losses 109559 64
Commissions or brokerage 512369 58
Salaries 9002677 and expenses 3393088 of special
and general agents 123957 65
Salaries fees and all other charges of officers directors
trustees and home office employees 124146 61
Rents including 18000 for companys occupancy of its
own buildings 25804 89
Advertising 1524045 printing and stationery 22
39753 total 37637 98
Postage telegrams telephone and express 24831 60
Legal expenses 761 08
Furniture and fixtures 2615 25
Maps including corrections 13006 95
Underwriters boards and tariff associations 12483 04
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 21146 96
Inspections and surveys 38191 75ComptrollerGenerals Report
189
18 Repairs and expenses other than taxes on real estate 25090 07
19 Taxes on real estate 15283 70
20 State taxes on premiums 46605 63
21 Insurance department licenses and fees 15073 92
22 All other licenses fees and taxes Federal corporation
tax 712 04
Local state county and city licenses and fees 10824 80
23 Other disbursements Office furniture 7137 73
25 Commercial agency reports 2221 53
26 Bonds of cashiers 140 0
27 Insurance on office furniture 223 30
28 Auditing books 2300 00
34 Paid stockholders for interest or dividends amount de
clared during the year 160000 00
38 Agents balances charged off 813 76
39 Gross loss on sale or maturity of ledger assets viz
Bonds 5956 25
Stocks 11946 25
41 Total disbursements 2815657 03
TVLedger Assets
3 Book value of real estate 907956 06
2 Mortgage loans on real estate 3500 00
4 Book value of bonds 188830059 and
stocks 121110376 total 3099404 35
5 Cash in companys office 2817 37
6 Deposits in trust companies and banks not
on interest 28527 62
7 Deposits in trust companies and banks on
interest 265787 17
8 Agents balances representing business
written subsequent to October 1 1913 404672 83
9 Agents balances representing business
written prior to Oct 1 1913 2959 59
16 Total ledger assets 4715624 99
NonLedger Assets
17 Interest accrued on mortgages 26630 77
23 Rents due on companys property or lease 1239 57
24 Total 27870 34
25 Market value of real estate over book value 221516 94
27 Other nonledger assets viz Unpaid reinsurance on paid
losses 18825 53
30 Gross assets 4983837 80190
CompteolleeGenebals Eepoet
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 2959 59
38 Book value of ledger assets over market
value 237645 35
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 2118488
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
70184 99
243718 98
23888 24
337792 21
88336 73
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed or receivable upon all unexpired
fire risks 518792317 unearned prem
iums per recapitulation 2642121 89
249455 48
10 Total unearned premiums as computed above i
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement
19 Contingent commissions or other charges due or accrued
21 Reinsurance and return premiums due other companies
23 All other liabilities viz Rents paid in advance
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 741304 63
2642121 89
9973 08
45000 00
6234 27
46468 01
2675 50
3001928 23
29 Surplus as regards policyholders 1741304 63
30 Total liabilities 4743232 86ComptrollerGenerals Report 191
VIRisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of Dee as per
line 6 under this heading in last
years statement 591027629 33 6090397 52
2 Written or renewed during the year 362923103 00 3803015 90
3 Excess of original premiums over
amount received for reinsurance 7 128 42
4 Total 953950732 33 9900541 84
5 Deduct those expired and marked off as
trminated 347669627 33 3712776 64
6 In force at the end of the year606281105 00 6187765 20
7 Deduct amount reinsured 98961501 55 999842 03
8 Net amount in force 507319603 45 5187923 17
Business in the State of Georgia During the Year
27 Gross risks written 2629997 00
Less 59963400 risks cancelled and 3730000 reinsur
ance in companies authorized in Georgia 636 934 00
Net risks written 3
28 Gross premiums on risks written
Less 600195 return premiums and 84483 premiums for
reinsurance in companies authorized in Georgia
Net premiums received
29 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
1993063 00
41317 81
6846 78
34471 03
26127 45
951 09
Net losses paid
30 Losses incurred
Less losses on risks reinsured in companies authorized in
G eorgia
Net losses incurred
25176 36
29034 47
1719 06
27315 36192
ComptrollerGenerals Report
HARTFORD FIRE INSURANCE COMPANY
R M Bissel President Fred k Samson and S E Locke Secretaries
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 26188520 04
4 Extended at26188 520 04
IIIncome
Marine
Fire and Inland
5 Gross premiums 21313778 90 1187219 52
6 Deduct Reinsurance fire
268280983 marine
23092418 return pre
miums fire 2901
77368 marine and in
land 23109571 total 5584583 51 462019 89
7 Total premiums other
than perpetual 15729195 39 725199 63 16454395 02
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 1518359 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust companies
and banks
14 On certificate of deposit and interest on un
paid premiums
16 Gross rents from companys property in
cluding 3000000 for companys occu
py ncy of its own buildings
27002 33
874 42
973932 57
15794 40
092 78
52048 16
17 Total gross interest and rents 1070344 66
18 From other sources
19 Conscience money 3 44
20 Premium on exchange of bonds 125 00
21 Dividend on liquidation Ontario Bank 866 66
23 Total 995 10ComptrollerGenerals Report
193
25 From agents balances previously charged off 1685 58
26 Gross profit on sale or maturity of ledger assets viz Bonds 5476 32
28 Total income 17532896 68
IIIDisbursements
Fire
Marine
and Inland
1 Gross amount paid policy
holders for losses in
cluding 114808903
occurring in previous
years
2 Deduct amount received
for Salvage fire 73
98180 marine and in
land 2159391 rein
surance fire 1373
83212 marine and in
land 13633238 total
9900507 79 517840 10
1447813 92
157926 29
3 Net amount paid policy
holders for losses 8452693 87 360013 81
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 43319112 and expenses 39491607 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Eents including 3000000 for companys occupancy of its
own buildings
10 Advertising 7053038 printing and stationery 12951294
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
Hi Fire depart fire patrol and salvage corps assessment s 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 18541 74
8812707 68
199284 34
3507167 11
828107 19
467240 03
94011 23
200043 32
108611 72
17230 02
26454 83
34746 14
217146 03
78594 98
54507 99
20594 41
12619 46
274293 32
52895 2019 23 24 25 26 27 28 29 32 34 37 38 39 40 41 1 2 3 4 5 6 7 8 9 11 4 ComptrollerGeneral County and municipal taxes and licenses 3 BePORT 61411 46 119567 00 199520 20 53261 51 800000 00 301470 00 4186 88 81526 64 88042 29 125 00 16452861 78 27268554 94
Total
Other disbursements Pensions paid to employees Interest on reserve held for reinsurance comWater ice and toilet supplies 10791 10553 20072 3493 5929 2421 52 06 83 24 41 45
Insurance on companys property and inter
Newspapers and periodicals
Total
Paid stockholders for interest or dividends amount declared during the year 80000000
Decrease in liabilities during the year on account of reinsur
Gross loss on sale or maturity of ledger as 6515 F 65
Total
Gross decrease by adjustment in book value of ledger as
Total disbursements
IVLedger Assets Mortgage loans on real estate first liens Loans secured by pledge of bonds stocks or 734219 453166 32500 22611247 821 127704 751645 24S4936 66392 5921 56 67 00 19 02 36 91 99 08 16
Book value of bonds 1959530467 and stocks 301594252

Deposits in trust companies and banks not
Deposits in trust companies and banks on
Agents balances representing business written subsequent to October 1 1913 Agents balances representing business written prior to October 1 1913
Bills receivable taken for lire risks


ComptrollerGenerals Eeport 195
NonLedger Assets
17 Interest accrued on mortgages 4 260 76
18 Interest accrued on bonds 268 917 28
19 Interest accrued on collateral loans 737 50
23 Rents accrued on companys property or
lease 315 85
24 Total 275231 39
25 Market value of real estate over book value 3380 44
30 Gross assets 27547166 77
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 66392 08
39 Bonds and stocks 954800 84
40 Total 1021192 92
41 Total admitted assets 26525973 85
VLiabilities
1 Gross losses adjusted and unpaid 462660 21
2 Gross claims for losses in process of adjust
ment or in suspense plus 5000000 re
served for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 1020491 46
3 Gross claims for losses resisted 126281 61
4 Total 1609433 28
5 Deduct reinsurance due or accrued 356459 09
6 Net amount of unpaid losses and claims 1 252 974 19
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
riskss 2771141461 unearned premiums
per recapitulation 14481437 74
8 Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired inland navigation risks 599
90956 unearned premiums fifty per
cent 299954 78
10 Totalunearned premiums as computed above 14781392 52196
CoMPTROLLERGENERALs BePORT
17 Salaries vents expenses bills accounts fees etc due or ac
crued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accrued
20 Funds held under reinsurance treaties
24 Special reserve
25000 00
300000 00
50000 00
68085 01
500000 00
26 Total amount of all liabilities except capital 16977451 72
L7 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 7548522 13
2 Surplus as regards policyholders 9548522 13
30 Total liabilities 26525973 85
VTBisks and Premiums
Fire Risks Premium Thereon
1 Tn force on the 31st day of December as
per line 6 under this heading in last
years statement 2605708034 28410314 04
2 Written or renewed during the year 2034164688 21313778 90
3 Excess of original premiums over amount
received for reinsurance 702545 03
4 Total 4639872722 50426637 97
5 Deduct those expired and marked off as
terminated 1732330705 20217124 00
6 In force at the end of the year 2907542017 30209513 97
7 Deduct amount reinsured 275448227 2498099 36
8 Net amount in force 2632093790 27711414 61
Business in the State During the Year
27 Gross risks written 28541856 00
Less 5151609 risks cancelled and 256800 reinsurance in
companies authorized in Georgia 5332729 00
Net risks written 23209127 00
28 Cross premiums on risks written 441678 25
Loss 6525962 returned premiums and 305235 premiums
for reinsurance in companies authorized in Georgia 65952 16
Net premiums received 375726 09ComptrollerGexerals Report 197
29 Losses paid deducting salvage 287 430 93
Less losses on risks reinsured in companies authorized in
Georgia 5j924 77
Net losses paid 281506 16
30 Losses incurred 292481 93
Less losses on risks reinsured in companies authorized in
Georgia 18457 18
Net losses incurred 274 024 75
THE HOME INSURANCE COMPANY OF NEW YORK
Elbridge G Snow President Charles L Tyner Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 6000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 33773527 89
3 Increase of paid up capital during the
the year 3000000 00
4 Extended at 36773527 89
IIIncome
Fire
Marine Inland
5 Gross premiums 19733242 76 1471057 11
6 Deduct reinsurance prem
iums fire 340879749
marine and inland 376
72137 return premiums
fire 257754713 ma
rine and inland 237
79916 total 5986344 62 614520 53
7 Total premiums other than
perpetual 13746898 14 856536 58 14603434 72
9 Gross interest on mortgage loans 1096 80
11 Gross interest on bonds and dividends on t
stocks less 1496202 accrued interest
on bonds acquired during 1913 1385405 21
12 Gross interest on deposits in trust com
panies and banks 21643 52198
CompteolleeGeneeals Bepoet
14 Miscellaneous including interest on agents
balances 2856 20
17 Total gross interest and rents 1411001 73
19 Profit and loss items Income from unlisted securities 381 02
21 Rents real estate previously owned 915 54
25 From agents balances previously charged off 58 09
26 Gross profit on saleor maturity of ledger assets viz
Bonds 11680 00
Stocks 38852 00
28 Total income 16066323 10
IIIDisbursements
1 Gross amount paid policy
holders for losses in
cluding 131377352 oc
curring in previous
years 9677111 04
2 Deduct amount received
for salvage fire 39
91858 marine and in
land 2118382 rein
surance fire 2354
99171 marine and in
land 19150687 2394910 29
511100 13

212690 69
3 Net amount paid policy
holders for losses 7282233 75 298409 44 7580643 19
4 Expenses of adjustment and settlement of losses 169023 59
5 Commissions or brokerage 3019640 12
6 Allowances to local agencies for miscellaneous agency
expenses 4223 78
7 Salaries 34579684 and expenses 140568 52 of special
and general agents 486365 36
8 Salaries fees and all oilier charges of officers directors
trustees and home office employees 484694 09
9 Rents 140807 52
10 Advertising 10366275 printing and stationery 20
28100 313943 75
11 Postage telegrams telephone and express 107301 30
12 Legal expenses 7518 67
13 Furniture and fixtures 22543 84
II Maps including corrections 19906 12
15 Underwriters boards and tariff associations 120036 72
16 Fire department fire paired and salvage corps assess
ments fees taxes and expenses 48747 6QCoMPTROLLERGrENERALs REPORT
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
23 Other disbursements Traveling expenses
25 Exchange
26 Lunch for officers and home office employees
27 Miscellaneous
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
Stocks
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate 10800 00
4 Book value of bonds 1704779232 and
stocks 1356160837 total 30609400 69
6 Deposits in trust companies and banks not
on interest 41476 53
7 Deposits in trust companies and banks on
interest 1768708 82
8 Agents balances representing business
written subsequent to October 1 1913 2493651 46
9 Agents balances representing business
written prior to Oct 1 1913 98738 46
11 Bills receivable taken for fire risks 121151 71
199
96051 16
311666 71
57822 16
23900 23
7301 43
20498 85
41719 51
1244 41
4200000 00
3968 53
19402 50
384105 93
2846 25
17695923 32
16 Total ledger assets 35 143 927 67
NonLedger Assets
20 Interest accrued on bonds 244 719 00
24 Total
30 Gross assets
244719 00
35388646 67
34 Agents balances representing business
written prior to Oct 1 1913
Deduct Assets Not Admitted
98738 46200
ComptrollerGenerals Report
35 Bills receivable past due taken for ma
rine inland and fire risks 121151 71
38 Book value of ledger assets over market
value viz Stocks 1005588 37
10 Bonds 1023252 32
Total 2248730 86
41 Total admitted assets 33139915 81
Vliabilities
1 Gross losses adjusted and unpaid 236688 00
2 Gross claims for losses in process of ad
justment or in suspense plus 10000000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 1742299 93
3 Gross claims for losses resisted 76172 00
4 Total 2055159 93
5 Deduct reinsurance due or accrued 870 900 03
6 Net amount of unpaid losses and claims 1784259 90
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
tire risks 2485088000 unarned prem
iums per recapitulation 13041198 00
8 Gross premiums less reinsurance cash
and bills received and receivable upon
nil unexpired inland navigation risks
65599000 unearned premiums fifty
per cent l27995 00
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 7878300
unearned premiums 100 per cent 78783 00
10 Total unearned premiums as computed above 13447976 00
17 Salaries rents expenses bills accounts fees etc due or
accrued 100000 00
18 Estimated amount hereafter payable for federal state and
oilier taxes based upon the business of the year of
this statement 200000 00
21 Reinsurance and return premiums due other companies 334660 22
24 Reserve as a conflagration surplus 1800000 00
26 Total amount of all liabilities except capital 17066896 12ComptrollerGenerals Report 201
27 Capital actually paid up in cash 6000000 00
28 Surplus over all liabilities 10073019 69
29 Surplus as regards policyholders 16073019 69
30 Total liabilities 33139915 81
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of Dec as per
line 6 under this heading in last
years statement 2701773392 26495135 00
2 Written or renewed during the year 2068125889 19733242 76
3 Excess of original premiums over
amount received for reinsurance 332454 83
4 Total 4769899281 46560832 59
5 Deduct those expired and marked off as
terminated 1790789573 17792844 59
6 In force at the end of the year 2979109708 28767988 00
7 Deduct amount reinsured t 443878149 3917108 00
8 Net amount in force 2535231559 24850880 00
Business in the State of Georgia During the Year
27 Gross risks written 21431683 00
Less 2675325 risks cancelled 2616300 00
Net risks written 18815383 00
28 Gross premiums on risks written 303349 27
Less 3732404 return premiums 37237 58
Net premiums received 266111 69
29 Losses paid deducting salvage 212968 11
30 Losses incurred 234103 93202
ComptbollerGenerals Eepobt
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA
PENNSYLVANIA
Eugene L Ellison President T Houard Wright Secretary
ICapital Stock
1 Amount of capital stock paid
up in cash 4000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 17778024 28
4 Extendedat 17778024 28
IIIncome
5 Gross premiums 13452791 49
6 Deduct Reinsurance premiums tire 1
23205918 marine and inland 1178
38060 return premiums fire 1236
47252 marine and inland 41175571
total 4058668 01
7 Total premiums other than perpetual
8 Deposit premiums written on perpetual risks gross
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
storks less 925747 accrued interest on
bonds acquired during 1913
12 Gross interest on deposit in trust companies
and banks
13 Gross interest from all other sources
14 Branch office bank balances
15 Deferred settlements
16 Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings
9394123 48
11661 01
13461 99
628672 52
23345 28
223 61
1 31
15213 50
17 Total gross interest and rents
18 From other sources
19 Perpetual permits transfer fees and earned
deposits
20 Refunded paying assessment against Chi
cago property
21 Differences in exchange
22 Refunded mortgage expense previously paid
680922 21
3247 73
17 28
1283 88
520 85
23 Total
5069 74CoMPTROLLERGtENERAls REPORT
203
25 From agents balances previously charged off 1235 23
26 Gross profit on sale or maturity of ledger assets viz Bonds 3888 82
28 Total income 10096900 49
IIIDisbursements
1 Gross amount paid polieyholders for losses 7059844 27
2 Deduct amount received for Salvage fire
1885153 marine and inland 386
58282 reinsurance fire 66443735
marine and inland 65782702 total 1727698 72
3 Net amount paid polieyholders for losses 5332145 55
4 Expenses of adjustment and settlement of losses 86533 79
5 Commissions or brokerage 1936199 81
6 Allowances to local agencies for miscellaneous expenses 292082 18
7 Salaries 34140348 and expenses 12478615 of special
and general agents 466189 63
8 Salaries fees and all other charges of officers directors
trustees and home office employees 198666 75
9 Rents including 100000 for companys occupancy of its
own buildings 52666 14
10 Advertising 2589530 printing and stationery 79
80556 total 105700 86
11 Postage telegrams telephone and express 58010 46
12 Legal expenses 19193 49
13 Furniture and fixtures 8580 12
14 Maps including corrections 21071 54
15 Underwriters boards and tariff associations 66455 21
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 39738 25
17 Inspections and surveys 50009 78
18 Repairs and expenses other than taxes on real estate 5423 24
19 Taxes on real estate 4232 51
20 State taxes on premiums 186354 33
21 Insurance department licenses and fees 38445 87
22 All other licenses fees and taxes
Federal corporation tax 10364 91
Arkansas franchise tax 200 00
Pennsylvania tax on capital stock 22414 66
Municipal licenses 20673 00
Total 53652 57
23 Other disbursements
24Janitor and engine room expenses 1387 26
25 Heat and light 1433 96
26 Employees lunches 7300 37204 ComptrollerGenerals Report
27 Registration of stock 100 00
28 Subscriptions 4 731 99
29 Expenses on mortgage loans 75 00
30 Contribution to gratuity and relief fund 25000 00
31 Total 40028 58
33 Deposit premiums returned 20 687 31
34 Paid stockholders for interest or dividends amount declared
during the year 48000000 480000 00
38 Agents balances charged off 2 765 62
39 Gross loss on sale or maturity of ledger as
sets viz
Real estate i611 45
Bonds 943 75
Stocks 8287 62
Total 10842 82
40 Gross decrease by adjustment in book
value of ledger assets viz
Real estate 20000 00
Bonds 240 69
Total 20240 69
41 Total disbursements4 9 595 917 jq
IVLedger Assets
1 Book value of real estate 235 300 00
2 Mortgage loans on real estate first liens 243375 00
4 Book value of bonds 1294336392 and
stocks 223282748 15176191 40
5 Cash in companys office o 073 19
6 Deposits in trust companies and banks not
on interest 25 000 00
7 Deposits in trust companies and banks on
interest 991456 07
8 Agents balances representing business writ
ten subsequent to October 1 1913 1539694 00
9 Agents balances representing business writ
ten prior to October 1 1913 14 843 49
10 Bills receivable taken for marine and inland
risks 15422 9
11 Bills receivable taken for fire risks 35 65 53
Hi Total ledger assets 18i279007 67ComptrollerGeneral s Report
205
NonLedger Assets

17 Interest due 10312 and accrued 186150
on mortgages 1964 62
20 Interest accrued on bonds 142624 85
24 Total 144589 47
28 Salvage claims 57400 00
30 Gross assets 18480997 14
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 14843 49
35 Bills receivable past due taken for marine
inland and fire risks 144 00
39 Bonds and stocks 585887 42
40 Total 600874 91
41 Total admitted assets 17880122 23
VLiabilities
1 Gross losses adjusted and unpaid 141446 28
2 Gross claims for losses in process of adjust
ment or in suspense plus 5000000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 1331599 49
3 Gross claims or losses resisted 47854 23
4 Total 1520900 00
5 Deduct reinsurance due of accrued 135237 67
6 Net amount of unpaid losses and claims 1385662 33
7 iross premiums less reinsurance received
and receivable upon all unexpired Are
risks 1217637795 unearned premiums
per recapitulation 6287905 40
8 ross premiums less reinsurance cash and
bills received and receivable upon all un
expired inland navigation risks 769
70263 unearned premiums fifty per
cent 385563 19
9 Gross premiums less reinsurance cash and206 ComptrollerGenerals Report bills received and receivable upon all unexpired marine risks 66579880 unearned premiums 50 and 100 per cent 371390 36 7044859 25 720678 35 100000 00 628922 30
10 Total unearned premiums as computed above
11 Amount reelaimable by the insured on perpetual fire insurance policies being 90 and 95 per cent of the premium
18 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this


26 Total amount of all liabilities except capital 28 Surplus over all liabilities 4 000 000 00 9880122 23 8000000 00

29 Surplus as regards policyholders
30 Total liabilities 17880122 23 liums Thereon 13141870 34 8699352 35
VIRisks and Premiums Fire Risks Pren 1 In force on the 31st day of December as per line 0 under this heading in last 2 Written or renewed during the year 778099 901
21841222 09 8096068 43
5 Deduct those expired ami marked off as

6 In force at the end of the year 1 246 807 64 13745154 26 1568776 31
7 Deduct amount reinsured Ill ii 310
8 Net amount in force l 004 K44 130 12176377 95 premiums on r 45238186 00 3520330 00
9 Perpetual risks not included above 3066013844 Deposit same 79526453 Business in The State of Georgia During The Yea 27 Gross risks written
Less 2347330 risks cancelled and 1172994 reinsurance in companies authorized in Georgia

Net risks written 11717856 00

ComptrollerGenerals Report
28 Gross premiums on risks written
Less 5011589 return premiums and 1512395 premiums
for reinsurance in companies authorized in Georgia
Net premiums received
29 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
30 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
207
414410 66
65239 84
349170 82
147787 87
15404 72
132383 15
164246 92
14103 54
150143 38
THE INSTJBANCE COMPANY OF THE STATE OF PENNSYLVANIA
PHILADELPHIA PENNSYLVANIA
Gustavus PemaU Jr President Edward L Gaff Secretary
D I Mclntyre Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec S1 of previous year 3755864 88
3 Increase of paid up capital during the
200000 00
4 Extended at 3955864 88
IIIncome
Fire Marine i inland
5 Grow premiumsS9iSS75 62 422611 94
6 Deduct reinsurance prem
iums fire 116507205
marine and inland 6
81817 return premiums
fire 90141200 marine
and inland 11684872 2087884 71 123166 89
7 Total premiums other than
perpetual 1846496 88 299445 05 2145935 93208
ComptkollekGenekax s Eepokt
8 Deposit premiums written on perpetual risks gross
9 Gross interest on mortgage loans 2879 99
1 i Gross interest on bonds and dividends on
stocks less 85664 accrued interest on
bonds acquired during 1913 127592 02
12 Gross interest on deposits in trust com
panies and banks 1487 91
13 Gross interest from all other sources
14 Philadelphia Underwriters Association
deposit 3 15
16 Gross rents from companys property 12328 46
5897 34
17 Total gross interest and rents
18 Prom other sources Assests of American Fire Insur
ance Co merged with this company Dec 19 1913
less capital of 20000000 reported above perpetual
policy deposits forfeited
26 Gross profit on sale or maturity of ledger assets viz
Bonds
144291 53
375879 29
35 00
28 Total income 2672039 09
IIIDisbursements
Fire
1 Gross amount paid policy
holders for losses in
cluding 22776712 oc
curring in previous
years 2195489 58
2 Deduct amount received
for salvage fire 8
67779 marine and in
land 27115 reinsur
ance fire 83699898
marine and inland
6 It51 discount fire
214798 total 84782 I 75
Marine Inland
66957 15
918 66
Net amount paid policy
holders for losses1347664 83
66138 I 1113703 32
1 Expenses of adjustment and settlement of losses 33787 06
5 Commissions or brokerage 510 797 61
6 Allowances to local agencies for miscellaneous agency
exposes 8363 84
7 Salaries 4563682 and expenses 3491567 of special and
general agents 80552 49
S Salaries fees and all other charges of officers directors
trustees and home office employees no 742 74ComptbollebGeneral s Report
209
9 Eents
10 Advertising 366384 printing and stationery 9057 48
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tarifl 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 Capital stock tax
23 Other disbursements Sale of mortgage
25 Ice water
26 Safe Deposit Box
27 Fidelity Board
28 Traveling expenses
29 Conflagration indemnity
33 Deposit premiums returned
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
Stocks
5590 00
12721 32
7338 25
3046 03
1709 45
6743 44
17829 79
18000 48
10967 97
7109 02
3098 12
57737 85
14363 00
5855 68
66 00
265 47
250 00
298 11
2918 66
1000 00
15919 49
64163 88
268 71
6412 50
244 13
41 Total disbursements 2 421 864 41
IVLedger Assets
1 Book value of real estate 413758 49
2 Mortgage loans on real estate 534 50
4 Book value of bonds 183765770 and
stocks 123804936 total 3075707 06
5 Cash in companys office 18857 62
7 Deposits in trust companies and banks on
interet 146526 96
8 Agents balances representing business
written subsequent to October 1 1913 490310 22
9 Agents balances representing business
written prior to Oct 1 1913 5887 96
12 Other ledger assets viz Deposit premium
reclaimable on perpetual policy 1541 25
16 Total ledger assets 4206089 56210
ComptrollerGenekals Report
NonLedger Assets
17 Interest and accrued on mortgages 681 71
20 Interest accrued on bonds 25864 14
23 Rents accrued on companys property or
lease 134 00
24 Total 26679 85
30 Gross assets 4232719 41
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 5887 96
38 Market value of ledger assets over market
value viz Real estate 36444 30
40 Stocks and bonds 183734 06
Total
226066 32
41 Total admitted assets 4006653 09
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 2000000
reserve for losses incurred prior to Bee
31 of which no notice had been receiv
ed on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
66518 77
335552 54
73868 37
475939 68
151733 20
6 Net amount of unpaid losses and claims 325206 48
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 303896258 unearned prem
iums per recapitulation 1579738 64
8 Gross premiums less reinsurance cash
md bills received and receivable upon
all unexpired inland navigation risks
28491020 unearned premiums fifty
per cent 142455 10
10 Total unearned premiums as computed above 1722193 74ComptrollerGenerals Report
211
11 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the prem
ium or deposit received
14 Principal unpaid on scrip or certificate of profits author
ized or ordered to be redeemed
16 Dividends declared and unpaid to stockholders
17 Salaries rents expenses bills accounts fees etc due or
accrue
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement
19 Contingent commissions or other charges due or accrued
535826 27
33012 03
973 05
1667 12
35500 00
4500 00
26 Total amount of all liabilities except capital 2 658 878 69
27 Capital actually pai dup in cash 1000000 00
28 Surplus over all liabilities 347 774 40
29 Surplus as regards policyholders 1 347 774 40
30 Total liabilities 4006653 09
VIRisks and Premiums
Fire Fisks Premiums Thereon
1 In foTce on the 31 day of Dec as per
line 6 under this heading in last
years statement 383259412 66 4559252 52
2 Written or renewed during the year 331545734 56 3913875 62
4 Total 714805147 22 8473128 14
5 Deduct those expired and marked off as
terminated 322651869 41 4027281 53
6 In force at the end of the year392153277 81 4445846 61
7 Deduct amount reinsured 113365553 75 1406884 03
8 Net amount in force 278787724 06 3038962 58
9 Perpetual risks not inclueded above 2407932300 de
posit premiums on same 587 012 04
Business in the State of Georgia During the Year
27 Gross risks written 2945139 00
Less 86724800 risks cancelled and 25722600 reinsur
ance in companies authorized in Georgia 1 124 514 00
Net risks written 1820 625 00
28 Gross premiums on risks written
39350 95212 ComptrollerGeneral s Report
Less 96983000 return premiums and 324658 prem
iums for reinsurance in companies authorized in Georgia 12944 88
Net premiums received 26406 07
29 Losses paid deducting salvage 21617 30
Net losses on risks reinsured in companies authorized in
Georgia 7711 53
Net losses paid 13905 77
30 Losses incurred 25436 60
Net losses on risks reinsured in companies authorized in
Georgia 10056 87
Net losses incurred 15379 13
THE LIVERPOOL AND LONDON AND GLOBE INSURANCE COM
PANY LIMITED OF ENGLAND
Henry W Eaton Manager in U S George W Hoyt Deputy Manager
ICapital Stock
2 Amount of ledger assets as per balance December 31 of
previous year 13922575 28
IIIncome
3 Gross premiums lire 1451369788 ma
rine 99670492 total 15510402 80
4 Deduct reinsurance premiums fire 3634
49324 marine and inland 8768652
return premiums 264145121 marine
and inland 23777725 total 6601408 22
7 Total premiums other than perpetual
s Deposit premiums written on perpetual risks gross
9 iross interest en mortgage loans 136176 09
10 Gross interest on collateral loans 6 00
11 Iross interest on bonds and dividends on
stocks less 662831 accrued interest on
bonds acquired during 1913 2642sf ST
12 iross interest on deposits in trust companies
and banks 17447 55
8908994 58
7635 56CompteollebGeneeals Repoet
213
14 Interest on farm notes
16 Gross rents from companys property in
cluding 26250 for companys occupancy
of its own buildings
563 48
92144 15
17 Total gross interest and rents
19 Premiums on life policies in force
24 Remittance from home office
27 Gross profit on sale of maturity of ledger assets viz Stocks
28 Gross increase by adjustment in book value of ledger as
sets viz Bonds
510624 14
160 68
19918 34
1082 38
2087 47
29 Total income
9445503 15
IIIDisbursements
Gross amount paid policyholders for losses
including 96067835 occurring in pre
vious years fire 660963589 marine
41223307 total 7021868 96
Deduct amount received for Salvage fire
7118221 marine and inland 5416
reinsurance fire 222930828 marine
and inland 8353039 total 2389436 88
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 ex
penses
7 Salaries 14263763 and expenses 9408079 of special
and general agents
8 Salaries fees and all other charges of officers directors
trusteees and home office employees
9 Rents including 2625000 for companys occupancy of its
own buildings
10 Advertising 4257134 printing and sttaionery 4947474
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
4632432 08
108241 51
1796202 76
376 16
236718 42
362596 26
61032 14
92046 28
36952 27
2631 30
28766 73
12179 05
113681 14
41949 82
42417 91
74574 38
23303 55
108559 13214 ComptrollerGenerals Report
21 Insurance department licenses and fees 18470 04
22 All other licenses fees and taxes
Federal corporation tax 8150 76
Local taxes 48465 48
Total 56616 24
23 Other disbursements
Office Expenses 37311 00
25 Life 5 17
26 Total 37316 17
33 Deposit premiums returned 8139 4L
38 Agents balances charged off
38 Remitted to home office 810153 12
39 Gross loss on sale or maturity of ledger assets viz Bonds 431 27
40 Gross decrease by adjustment in book
value of ledger assets viz Bonds 9470 97
Stocks 1082 38
Total 10553 25
41 Total disbursements 8716796 45
IVLedger Assets
1 Book value of real estate 1258191 85
2 Mortgage loans on real estate 3232864 00
3 Loans secured by pledge of bonds stocks or
other collateral 100 00
4 Book value of bonds 545164164 and
stocks 135010504 6801741 72
5 Cash in company s office 2198 75
6 Deposit in trust companies and banks not
on interest 66684 69
7 Deposits in trust companies and banks on
interest 1051741 58
8 Agents balances representing business writ
ten subsequent to October 1 1913 2169780 36
9 Agents balances representing business
written prior to Oct 1 1913 65843 68
12 Other ledger assets 2130 35
16 Total ledger assets 14651281 98
NonLedger Assets
17 Interest due 1851825 and accrued 35
287 on mortgages 53805 30ComptrollerGenerals Report 215
18 Interest accrued on bonds gg ggg 15
20 Interest accrued on other assets 188 94
23 Rents accrued on companys property or
Iease 10000 00
It l0tf 130083 35
25 Market value of real estate over book value 138 200 37
30 Gross assets 14919565 70
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 65843 68
35 Bills receivable past due taken for marine
inland and fire risks 2 130 35
39 Mortgages over amount allowed by law New
York State 34668 00
40 Bonds 38638164 stocks 16669508 553076 72
Total 655718 75
41 Total admitted assets 24 9g3 gg nc
VLiabilities
1 Gross losses adjusted and unpaid due 59
75061 not yet due 254081 62291 42
2 Gross claims for losses in process of adjust
ment or in suspense plus 6625000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 1427924 38
3 Gross claims for losses resisted 113 981 00
4 Total 1604196 80
5 Deduct reinsurance due or accrued 742280 19
6 Net amount of unpaid losses and claims 861 916 61
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 1506840539 unearned premiums
per recapitulation 7888449 27
1933 premiums 100 per cent 142296 53
8 Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired inland navigation risks 582
60881 unearned premiums fifty per
cent 291304 41216 ComptrollerGenerals Keport
9 Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired marine risks 57290 unearned
premiums 100 per cent 572 90
10 Total unearned premiums as computed above 8322623 11
11 Amount reclaimed by the insured on perpetual fire insur
ance policies being 95 per cent of the premium or de
posit received 181299 01
12 Net premium reserve and all other liabilities
except capital under the life insurance or any other spe
cial department 4578 77
17 Salaries rents expenses bills accounts fees etc due or
accrued 5491 29
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 186721 26
19 Contingent commissions or other charges due or accrued 50000 00
23 All other liabilities 20000 00
26 Total amount of all liabilities except capital 9632630 05
29 Surplus as regards policyholders 4631216 90
30 Total liabilities 14263846 95
VIRisks and Premiums
Fire isks Premiums Thereon
1 In force on the 31st day of December as
per line 5 under this heading in last
years statement 1992548075 20262439 25
2 Written or renewed during the year 1503201050 14513697 88
4 Total 3495749125 24776137 13
5 Deduct those expired and marked off as
terminated 1406482757 14151433 74
6 In force at the end of the year 2089266368 20624703 39
7 Deduct amount reinsured 592627092 5416001 47
8 Net amount in force 1496639276 15208701 92
9 Perpetual risks not included above 6002256 Deposit premiums on same
19084106
Business in the State of Georgia During the Year
27 Gross risks written 21203980 00
Less 4640360 risks cancelled and 378535 reinsurance in
companies authorized in Georgia 5018895 00ComptrollerGeneral s Report 217
Net risks written 16185085 00
28 Gross premiums on risks written 324038 66
Less 5766209 return premiums and 372299 premiums
for reinsurance in companies authorized in Georgia 61385 68
Net premiums received 262652 98
29 Losses paid deducting salvage 181526 33
Less losses on risks reinsured in companies authorized in
Georgia 4857 78
Net losses paid 176668 35
30 Losses incurred 204584 58
Less losses on risks reinsured in companies authorized in
Georgia 13191 78
Net losses incurred 191392 80
THE LIVERPOOL AND LONDON AND GLOBE OF NEW YORK
Henry W Eaton President George W Hoyt Secretary
Home Office 80 William Street New York
B P Walker Jr Atttorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1024711 01
4 Extended at 1024711 01
IIIncome
5 Gross premiums fire 75658777 marine
9018304 total
6 Deduct reinsurance premiums fire 311
67836 marine and inland 2903555
return premiums fire 18053338
marine and inland 2984918
846770 81
551096 46
7 Total premiums other than perpetual 295674 35
11 Gross interest on bonds and dividends on
stocks less 150 accrued interest on
bonds acquired during 1913 31372 25218 ComptrollerGenerals Eeport
12 Gross interest on deposits in trust companies
and banks 3581 29
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 as
sets viz Bonds
28 Total income
34953 54
142 40
87 13
330857 42
IIIDisbursements
1 Gross amount paid policyholders for losses
including 2165344 occurring in pre
vious years fire 27296040 marine
3014383 total 303104 23
2 Deduct amount received for salvage fire
237272 reinsurance fire 16104730
marine and inland 2958083 total 193000 85
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 121549 printing and stationery 349780
11 Postage telegrams telephone and express
12 Legal expenses
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
Federal corporation tax 433 gg
Local taxes 4 q jg
Total
23 Other disbursements
24 Traveling 145 0Q
25 Exchange 446 18
26 Office expenses 78 60
27 Total
34 Paid stockholders for interest or dividends amount declared
during the year 15000
110103 38
5741 09
38993 96
8358 93
4713 29
1493 22
168 65
2637 61
663 98
1767 02
7425 95
1894 29
4615 00
669 78
15000 00ComptrollerGenerals Report 219
40 Gross decrease by adjustment in book value
of ledger assets viz
Bonds 717 77
Stocks 142 40
Total 860 17
41 Total disbursements 205106 32
IVLedger Assets
4 Book Value of bonds 41209272 and
stocks 36409253 total 776184 80
6 Deposits in trust companies and banks not
on interest 24514 42
7 Deposits in trust companies and banks on
interest 215946 14
8 Agents balances representing business writ
ten subsequent to October 1 1913 132192 60
P Agents balances representing business writ
ten prior to October 1 1913 1624 15
16 Total ledger assets 1150462 11
NonLedger Assets
201 Interest accrued 4767 50
24 Total 1155229 61
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 1624 15
38 Book value of ledger assets over market
value viz
39 Bonds 30802 27
40 Stocks 42092 53
Total 74518 95
41 Total admitted assets 1080710 66
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense plus 300000 reserve220 ComptrollerGeneral s Eeport
for losses incurred prior to December 31
of which no notice had been received on
that date 76130 00
4 TotaI 76130 00
5 Deduct reinsurance due or accrued 49 117 00
6 Net amount of unpaid losses and claims 27 013 00
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 49788006 unearned premiums per
recapitulation 265248 36
8 Gross premiums less reinsurance cash and
bills received and receivable upon all
unexpired inland navigation risks 33
91695 unearned premiums fifty per
cent 16958 48
10 Total unearned premiums as computed above 282 206 84
17 Salaries rents expenses bills accounts fees etc due or
accrued 7500 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
0913 50
ll ontingent commissions or other charges due or accrued 10000 00
26 Total amount of all liabilities except capital 332 633 34
27 Capital actually paid up in cash 200 000 00
28 Surplus over all liabilities 548 077 32
29 Surplus as regards polieyholders 748 077 32
30 Total liabilities 1080710 66
VIRisks and Premiums
lire Bisks Premiums Thereon
1 In force on the sist day of December as
per line 6 under this heading in last
years statement 78549788 887838 28
2 Written or renewed during the year 71641065 756 587 77
3 Excess of original premiums over amount
received for reinsurance 7 o
4 Total 150190793 1661827 40
5 Deduct those expired ami marked off as
Urminated 59050717 674291 49ComptrollerGenerals Report
221
6 In force at the end of the year 91140076 987535 91
7 Deduct amount reinsured 45266790 489646 85
8 Net amount in force 45873286 497889 06
Business in The State of Georgia During the Year
27 Gross risks written 2047184 00
Less 496514 risks cancelled and 755658 reinsurance in
companies authorized in Georgia 1252172 00
Net risks written 795012 00
28 Gross premiums on risks written 2511431
Less 479000 return premiums and 817088 premiums for
reinsurance in companies authorized in Georgia 12960 98
Net premiums received 12153 33
29 Losses paid deducting salvage 5172 92
Less losses on risks reinsured in companies authorized in
Georgia 6648 23
Net losses paid 3524 69
30 Losses incurred 3997 30
Less losses on risks reinsured in companies authorized in
Georgia 520 46
Net losses incurred
3476 54
LONDON ASSURANCE COEPOEATION OF LONDON ENGLAND
United States Manager Charles L Case
Chas P Glover Atlanta Attorney for Service
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in 665000 00
2 Amount of ledger assets as per balance December 31
of previous years 3953958 81
IIIncome
3 Gross premiums 4640136 30
4 Deduct reinsurance premiums fire 682222
ComptrollerGenerals Report
43123 marine and inland 73210025
retnrn premiums fire 55432071 ma
rine and inluntl 3238454 total 2001236 73
7 Total premiums other than perpetual 2638899 57
11 Gross interest on bonds and dividends on
stocks less 256071 accrued interest on
bonds acquired during 1913 13077423
12 Gross interest on deposits in trust com
panies and banks 4454 18
14 On agents balances 311 53
17 Total gross interest and rents 135539 94
24 Remittances from home office 92626 84
26 From agents balances previously charged off 4 14
27 Gross profits on sale or maturity of ledger assets viz
Bonds 328 12
29 Total Income 2867398 61
IIIDisbursements
1 Gross amount paid policyholders for losses
including 41923940 occurring in pre
vious years 1947599 18
2 Deduct amount received for salvage fire
528397 marine and inland 67
42653 reinsurance fire 27940169
marine and inland 26690162 discount
fire 39382 total 619407 63
3 Net amount paid policyholders for losses 1328191 55
4 Expenses of adjustment and settlement of losses 36757 27
5 Commissions or brokerage 559 703 00
7 Salaries 4135828 and expenses 3872M6 of special
special and general agents 80078 71
8 Salaries fees and all other charges of officers directors
trustees and home office employees 160 016 30
9 Rents 25 209 3
10 Advertising 989931 printing and stationery 2419192 3409 2
11 Postage telegrams telephone and express 21366 44
12 Legal expenses qob 07
13 Furniture and fixtures 1 55I 19
14 Maps including corrections 8 272 39
15 Underwriters boards and tariff associations 32734 40
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 21468 69
17 Inspections and surveys j0 454 04ComptrollerGenerals Report 223
20 State taxes on premiums 51129 27
21 Insurance department licenses and fees 12295 22
22 All other licenses fees and taxes Federal corporation
tax 7915 93
City and county licenses 5991 03
Local taxes and fees 1232 47
23 Other disbursements Miscellaneous expenses 14169 92
25 Remitted to home office 398927 66
38 Agents balances charged off 1445 33
39 Gross loss on sale or maturity of ledger assets viz
Bonds 10283 54
41 Total disbursements 2824392 10
IVLedger Assets
4 Book value of bonds 324575333 and
stocks 5417125 total 3299924 58
5 Cash in companys office 1963 72
6 Deposit in trust companies and banks not
on interest 4753 94
7 Deposits in trust companies and banks on
interest 212234 24
8 Agents balances representing business
written subsequent to Oct 1 1913 463048 61
9 Agents balances representing business
written prior to Oct 1 1913 15040 23
16 Total ledger assets 3996965 32
NonLedger Assets
18 Interest accrued on bonds 43844 97
24 Total 43844 97
28 Due from other companies for reinsurance on losses al
ready paid expenses 862 88
30 Gross assets 4041673 17
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 15040 23
38 Book value of ledger assets over market
value viz Bonds and stocks 212249 58
40 Total 227289 81
41 Total admitted assets 3814383 36224
ComptrollerGenerals Report
VLiabilities
1 Gross losses adjusted and unpaid due 39
ill25 not yet due 575900
2 Gross claims for losses in process of ad
justment or in suspense plus 298000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
45236 25
518180 00
29796 00
593212 25
253394 81
6 Net amount of unpaid losses and claims 339817 44
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
Are risks 400284824 unearned prem
iums per recapitulation 2107650 97
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired navigation risks 02
53233 unearned premiums fifty per
cent ui i
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired risks 10315490 unearned
premiums 51 pre cent 5157748 58
14631 unearned premiums 100 per cent
5814631 total 109723 79
10 Total unearned premiums as computed above 2248640 92
17 Salaries rents expenses bills accounts fees etc due or
accrued 7050 00
IS Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement j3 444 117
19 Contingent commissions or other charges due or accrued 18508 79
26 Total amount of all liabilities except capital 2677 662 12
27 Deposit capital actually paid Dp in cash 200000 00
28 Surplus over ail liabilities 986721 2
29 Surplus as regards policyholders 1 136 72 24
30 Total liabilities 3814383 36ComptrollerGeneral s Report
225
VIBisks 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 426220835 00 4523012 93
2 Written or renewed during the year 305327019 00 3350806 46
4 Total 731547854 00 7873819 39
5 Deduct those expired and marked off as
terminated 267267145 00 2981096 68
6 In force at the end of the year464280709 00 4892722 71
7 Deduct amount reinsured 79330575 flO 889874 47
8 Net amount in force 384950134 00 4002848 24
Business in the State of Georgia During the Year
27 Gross risks written 2458349 00
Less risks cancelled 366480 00
Net risks written 2091869 00
28 Gross premiums on risks written 29748 07
Less 378422 return premiums and 165 premiums for
reinsurance in companies authorized in Georgia 3782 57
Net premiums received 25965 50
29 Losses paid deducting salvage 14613 67
30 Losses incurred 14935 67
LONDON LANCASHIRE FIRE INSURANCE COMPANY LIMITED
OF LIVERPOOL ENGLAND
Archibald G McIIwaine Jr Manager
Fred W Cole Atlanta Attorney for Service
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in New York 200000 00
2 Amount of ledger assets as per balance December 31 of
previous year 4679614 93226
ComptrollerGenerals Report
HIncome
Fire Marine
3 Gross premiums 4315549 24 218796 58
4 Deduct Reinsurance pre
miums fire 104162605
marine and inland 21
74354 return pre
miums 71513687 ma
rine and inland 44
13899 totals 1756762 92 65882 53
7 Total premiums other
than perpetual 2558786 32 152914 05
11 Gross interest on bonds and dividends on
stocks less 20070 accrued interest on
bonds acquired during 1913 130995 95
12 Gross interest on deposits in trust companies
and banks 14269 78
13 Gross interests from all other sources
14 On trust funds 3591 51
15 Interest on agents balances 227 67
16 Gross rents from companys property in
cluding 11500 for companys occupancy
of its own buildings 24208 36
17 Total gross interest and rents 17293 27
20 Remittances from home office 73889 20
29 Total income 2 958882 84
IIIDisbursements
1 Gross amount paid policyholders for losses
including 17137112 occurring in pre
vious years 1608459 21
2 Deduct amount received for Salvage fire
1030506 marine and inland 145458 re
insurance fire 39909304 marine and
inland 927494 discount fire 16766
total 427295 38
3 Net amount paid policyholders for losses l 181763 96
I Expenses of adjustment and settlement of losses 41584 08
5 Commissions or brokerage 412875 28
6 Allowances to local agencies for miscellaneous agency ex
pens 19807 54ComptrollerGenerals Report 227
7 Salaries 5697747 and expenses 4653162 of special and
general agents 103509 09
8 Salaries fees and all other charges of officers directors
trustees and home office employees 152189 70
9 Rents including 11520 for companys occupancy of its
own buildings 28742 87
10 Advertising 1007181 printing and stationery 2455097 34622 78
11 Postage telegrams telephone and express 20562 49
12 Legal expenses 299 13
13 Furniture and fixtures 7038 64
14 Maps including corrections 8 391 20
15 Underwriters boards and tariff associations 39196 82
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 33413 63
17 Inspections and surveys 17617 62
18 Repairs and expenses other than taxes on real estate 11146 95
19 Taxes on real estate 5375 27
20 State taxes on premiums 52964 40
21 Insurance department licenses and fees 15407 90
22 All other licenses fees and taxes
Federal corporation tax 4146 25
Municipal licenses and taxes 8300 80
23 Other disbursements
24 Exchange 1203 89
25 Subscriptions 1219 07
26 Miscellaneous expenses 9297 03
29 Remittances to home office 291876 39
38 Agents balances charged off 283 95
41 Total disbursements 2535836 73
IVLedger Assets
1 Book value of real estate 300000 00
4 Book value of bonds 311343734 and
stocks 2185 3115622 34
5 Cash in companys office 4791 OS
6 Deposit in trust companies and banks not on
on interest 5014 51
7 Deposits in trust companies and banks on
interest 673784 66
8 Agents balances representing business writ
ten subsequent to October 1 1913 589265 89
9 Agents balances representing business writ
ten prior to October 1 1913 27063 00
11 Bills receivable taken for fire risks 1212 79228 CompteollebGenebals Eepoet
13 Cash in hands of United States trustee 384625 40
14 Balances due from other companies 1281 37
16 Total ledger assets 5102661 04
NonLedger Assets
18 Interest due 3225750 and accrued 16
45375 on bonds 48711 25
20 Interest due on bank deposits 1474 09
24 Total 50185 34
30 Gross assets 5152846 38
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 27063 00
35 Bills receivable past due taken for marine
inland and fire risks 500 44
37 Overdue and accrued interest on bonds in de
fault 4000 00
39 Bonds and stocks 248797 34
40 Balances due from other companies 1281 37
41 Total admitted assets 4871204 23
VLiabilities
1 Gross losses adjusted and unpaid due 27
780 not yet due 2901 3068100
2 Gross claims for losses in process of adjust
ment or in suspense plus 4275 reserve
for losses incurred prior to December 31
of which no notice had been received on
that date 195432 00
3 Gross claims for losses resisted 28030 00
4 Total 254143 00
5 Deduct reinsurance due or accrued 79472 45
6 Net amount of unpaid losses and claims 174670 55
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 521621996 unearned premiums
per recapitulation 2723913 68
8 Gross premiums less reinsurance cash and
bills received and receivable upon all unComptrollerGenerals Report
expired inland navigation risks 150
50912 unearned premiums fifty per
cent 75254 55
229
10 Total unearned premiums as computed above 2799168 23
17 Salaries rents expenses bills accounts fees etc due or
accrued 4237 25
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
Statement 56400 00
19 Contingent commissions or other charges due or accrued 6800 00
30 Total liabilities 3041276 03
VIRisks and Premiums
Fire Marine
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 6178911 84 120929 57
2 Written or renewed during the year 4315549 24 218796 58
4 Total 10494461 48 339726 15
5 Deduct those expired and marked off as
terminatedl 3899168 89 172356 92
6 In force at the end of the year 6595292 19 167369 23
7 Deduct amount reinsured 1379072 23 16860 11
8 Net amount in force 5216219 96 150509 12
Business in The State of Georgia During the Year
27 Gross risks written 5735600 00
Less 960950 risks cancelled and 462526 reinsurance in
companies authorized in Georgia 1423476 00
Net risks written 4312124 00
28 Gross premiums on risks written 64326 54
Less 735460 return premiums and 147486 premiums for
reinsurance in companies authorized in Georgia 8829 46
Net premiums received 55497 08
29 Losses paid deducting salvage 14750 39
Less losses on risks reinsured in companies authorized in
Georgia 2979 46
Net losses paid 11770 93230 COMPTROLLERGrENERAL s REPORT
30 Losses incurred 19281 66
Less losses on risks reinsured in companies authorized in
Georgia 3652 88
Net losses incurred 15628 78
LUMBER INSURANCE COMPANY OF NEW YORK
G A Mitchell President E H MeKelvey Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 400000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years
899976 10
4 Extended at 899976 10
IIIncome
889630 61
736298 94
5 Gross premiums
6 Deduct reinsurance premiums fire
11182 return premiums fire 24118712
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
26332 22
1713 89
17 Total gross interest and rents
25 From agents balances previously charged off
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
28 Total income
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 4025192 occurring in pre
vious years 504436 11
153361 67
28046 U
916 70
201 58
182589 06CompteollebGeneeals Repoet
231
2 Deduct amount received for salvage fire
135696 reinsurance fire 19801439
discount fire 23256 total
199603 91
9
10
11
12
15
16
20
21
22
23
25
26
27
28
38
39
40
Net amount paid policyholders for losses 304832 20
Expenses of adjustment and settlement of losses 6582 28
Commissions or brokerage 39577 04
Allowances to local agencies for miscellaneous agency
expenses paid by general agency
Salaries fees and all other charges of officers directors
trustees and home office employees 12929 22
Rents 1246 18
Advertising 2772 printing and stationery 3500 62 72
Postage telegrams telephone and express paid by general
agency
Legal expenses 4791 45
Underwriters boards and tariff associations 3929 26
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 177 48
State taxes on premiums 6356 87
Insurance department licenses and fees 4633 27
All Other licenses fees and taxes Federal corporation
tax 69 43
Other disbursements auditing 1030 00
Rent of safe deposit box 45 00
Fidelity bonds 186 00
Commissions on bond sale 137 50
Exchange and collection charges 49 53
Agents balances charged off 184 37
Gross loss on sale or maturity of ledger assets viz
Bonds 12748 66
Gross decrease by adjustment in book value of ledger
assets viz Bonds 294 17
41 Total disbursements 399861 63
IVLedger Assets
4 Book value of bonds 518852 45
7 Deposits in trust companies and banks on
interest 42585 06
8 Agents balances representing business
written subsequent to Oct 1 1913 121229 88
13 Redmond and Company 36 11
16 Total ledger assets 682703 53232 ComptrollerGenerals Report
NonLedger Assets
20 Interest accrued on bonds 5647 48
24 Total 5647 48
30 Gross assets 688351 01
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value viz Bonds 65382 48
40 Total 65382 48
41 Total admitted assets 622968 53
VLiabilities
1 Gross losses adjusted and unpaid 27167 82
2 Gross claims for losses in proces of ad
jutment or in suspense plus 21094
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 61254 53
3 Gross claims for losses resisted 9000 00
4 Total 97422 35
5 Deduct reinsurance due or accrued 37549 75
6 Net amount of unpaid losses and claims 59872 60
7 Gross premiums less reinsurance receiv
ed or receivable upon all unexpired
fire risks 3632929 unearned prem
iums per recapitulation 18283 80
10 Total unearned premiums as computed above 18283 80
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 4000 00
26 Total amount of all liabilities except capital 82156 40
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 140812 13
29 Surplus as regards policyholders 540812 13
30 Total liabilities 622968 53ComptrollerGenerals Report 233
VIRisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 48187094 00 617476 64
2 Written or renewed during the year 71361296 00 889630 61
3 Excess of original premiums over
amount received for reinsurance 12251 16
4 Total 119548390 00 1579358 41
5 Deduct those expired and marked off as
terminated 65253177 00 829110 33
6 In force at the end of the year 54295213 00 690248 08
7 Deduct amount reinsured 51876129 00 653918 79
8 Net amount in force 2419084 00 36329 29
Business in the State of Georgia During the Year
27 Gross risks written 602 660 00
Less 35273100 risks cancelled and 6845000 reinsur
ance in companies authorized in Georgia 321 181 00
Net risks written 281479 00
28 Gross premiums on risks written 9489 01
Less 261145 return premiums and 47774 premiums
for reinsurance in companies authorized in Georgia 3089 19
Net premiums received 6399 82
29 Losses paid deducting salvage 4221 73
30 Losses incurred 3982 72
THE LUMBER FIRE INSURANCE COMPANY OF BOSTON MASS
George W Gale President Harry E Stone Secretary
F Wade Vaughan Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year 755448 23
4 Extended at 755448 23234
ComptrollerGenerals Report
IIIncome
5 Gross premiums 522989 72
6 Deduct Return prpmiums 57998 27
7 Total premiums 464991 45
10 Gross interest on bonds less 88613 accrued
interest on bonds acquired during 1913 24369 46
11 Gross interest on deposits in trust companies
and banks 3884 51
13 Interest on overdue premiums 84
16 Total gross interest 28254 81
18 From Gale Stone agents 22000 00
27 Gross profit on sale or maturity of ledger assets viz Bonds 252 54
28 Gross increase by adjustment in book value of ledger as
assets viz Bonds 376 24
29 Total income 515875 04
IIIDisbursements
1 Gross amount paid policyholders for losses
including 978574 occurring in previous
years 198296 69
2 Deduct amount received for Discount 642 50
3 Net amount paid policyholders for lossesi 197654 19
4 Expenses of adjustment and settlement of losses 335 44
5 Commissions or brokerage 25066 30
6 Allowances to local agencies for miscellaneous agency ex
penses 2343 41
8 Salaries fees and all other charges of officers directors
trustees and home office employees 40012 94
9 Rents 4200 00
10 Advertising 34790 printing and stationery 208733 2435 23
11 Postage telegrams telephone and express 1160 96
12 Legal expenses 1047 48
13 Furniture and fixtures 152 43
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 230 07
17 Inspections and surveys 5298 59
20 State taxes on premiums 7898 18
21 Insurance department licenses and fees 1231 75
22 All other licenses fees and taxes
Federal corporation tax 5315 75
Various municipal taxes 63 64
Georgia Indiana Maine Minnesota Oregon publication of
statements 156 59CompteollebGenebals Eepoet
Alabama California Georgia Illinois Ohio Washington
West Virginia special taxes
23 Other disbursements
24 Subscription to publications
25 Collecting bad bills
26 Premium on surety bonds and Workingmens Compensation
policy
27 Auditing of accounts
28 Expenses of companys meetings
29 Expenses of attending various meetings
30 All other disbursements
31 Dividends to policyholders
34 Agents balances charged off
35 Gross loss on sale or maturity of ledger assets viz Bonds
36 Gross decrease by adjustment in book value of ledger as
sets viz Bonds
37 Total disbursements j
IVLedger Assets
4 Book value of bonds 673471 84
5 Cash in companys office 885 38
7 Deposits in trust companies and banks on
interest 106187 56
8 Agents balances representing business writ
ten subsequent to October 1 1913 19779 89
9 Agents balances representing business writ
ten prior to October 1 1913 183 52
12 Cash in officemileage account 192 49
15 Total ledger assets 800700 68
NonLedger Assets
17 Interest accrued on bonds 8659 89
20 International Trust Co special account 175 00
23 Total 8834 89
27 Amount due from Gale Stone agents 12652 91
28 Cash held for agency expenses 663 12
29 Gross assets 822851 60
Deduct Assets Not Admitted
32 Agents balances representing business writ
ten prior to October 1 1913 183 52
235
110 44
371 72
13 10
67 14
475 00
295 79
469 48
797 85
172437 36
125 67
382 05
474 04
470622 59
236 ComptrollerGenerals Report
36 Book value of ledger assets over market
value 40056 84
37 Amount due from Gale Stone agents 12652 91
39 Admitted assets 769958 33
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense 783 47
3 Gross claims for losses resisted 3171 25
4 Total 3954 72
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 44229026 unearned pre
miums per recapitulation 221145 13
10 Salaries rents expenses bills accounts fees etc due or ac
crued 88 64
11 Estimated hereafter payable for federal State and
other taxes based upon the business of the year of this
statement 6256 06
17 Reserve for federal income tax 11 67
33 Total amount of all liabilities 231456 22
34 Surplus 538502 11
35 Total liabilities and surplus 769958 33
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 18187912 407769 51
2 Written or renewed during the year 23365854 522989 72
4 Total 41553755 930759 23
5 Deduct those expired and marked off as
terminated 21743187 488468 97
6 In force at the end of the year 19810579 442290 26
8 Net amount in force 19810579 442290 26
Business in The State of Georgia During the Year
21 Gross risks written 369331 67
Less risks cancelled 73107 64
Net risks written 296224 03ComptrollerGenerals Report 237
22 Gross premiums 12252 32
Less return premiums 1997 88
Net premiums received 10254 44
23 Losses paid deducting salvage 2197 89
24 Losses incurred 2148
LUMBER UNDERWRITERS OF NEW YORK
AttorneyinFact Eugene F Perry
Deputy AttorneyinFact Louis H Parker
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 259330 40
4 Extended at 259330 40
IIIncome
546014 46
5 Gross premiums
6 Deduct reinsurance premiums fire 194
46258 return premiums fire 13372444 325187 02
7 Total premiums other than perpetual 220827 44
11 Gross interest on bonds and dividends on
stocks 350 00
12 Gross interest on deposits in trust com
panies and banks 5363 52
17 Total gross interest and rents
18 From other sources Underwriters surplus increased
5713 52
25000 00
28 Total income 251540 96
IIIDisbursements
1 Gross amount paid policyholders for losses
including 4119459 occurring in pre
vious years
344307 85238
ComptrollerGenerals Eepoet
2 Deduct amount received for salvage fire
132351 reinsurance fire 15024799
total
151571 50
3 Net amount paid policy holders for losses 192736 35
4 Expenses of adjustment and settlement of losses 2195 17
5 Commissions or brokerage including 7808665 on risks
of other companies reinsured less 6641719 reinsur
ance commissions 11669 46
8 Salaries fees and all other charges of officers directors
trustees and home office employees 44665 14
9 Bents 1000 00
10 Advertising 2539 04
12 Legal expenses 1414 42
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 253 15
20 State taxes on premiums 2047 19
21 Insurance department licenses and fees 918 78
23 Other disbursements Quarterly audit 550 00
25 General expense 927 79
34 Paid stockholders for interest or dividends amount de
clared during the year 12750 00
38 Agents balances charged off 126 75
273793 24
41 Total disbursements
IVLedger Assets
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 Agents balances representing business
written subsequent to Oct 1 1913
9 Agents balances representing business
written prior to Oct 1 1918
10000 00
8080 51
186169 38
40392 29
516 45
16 Total ledger assets
NonLedger Assets
20 Interest due and accrued on bonds
237078 12
175 00
24 Total
27 Other nonledger assets viz Div on Mutual reinsurance
28 Losses due from reinsurance
29 Salvage due
175 00
4925 7S
11891 43
400 00
30 Gross assets 254473 33CompteollekGekerals Eepoet
239
Deduct Assets Not Admitted
34 Agents balances representing business
38 Book value of ledger assets over market
40 Total 1096 45

41 253376 88
VLiabilities
Gross claims for losses in process of ad
justment or in suspensei
18417 12
10
17
21
26
27
28
29
30
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 24074922 unearned prem
iums per recapitulation
120374 61
Total unearned premiums as computed above
Salaries rents expenses bills accounts fees etc due or
accrued
Reinsurance and return premiums due other companies
Total amount of all liabilities except capital
Capital actually paid up in cash 100000 00
Surplus over all liabilities 3019 04
Surplus as regards polieyholders
Total liabilities
18417 12
120374 61
2772 73
8793 38
150357 84
103019 04
283376
VIBisks 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 25335630 00 394372 69
Written or renewed during the year 39001670 00 546014 46
940387 15
Total 64337300 00
Deduct those expired and marked off as
terminated 35861437 00 549849 60
In force at the end of the year 28475863 00 390537 55
Deduct amount reinsured 11278888 00 149788 33
Net amount in force 17196975 00 240749240 ComptbollebGeneeals Eepokt
Business in the State of Georgia During the Year
27 Gross risks written 467035 00
Less 142858 risks cancelled and 4400000 reinsurance
in companies authorized in Georgia 186858 00
Net risks written 280177 00
28 Gross premiums on risks written 10190 74
Less 208657 return premiums and 101286 premiums
for reinsurance in companies authorized in Georgia 3099 43
Net premiums received 7091 31
29 Losses paid deducting salvage 5003 91
Less losses on risks reinsured in companies authorized in
Georgia 2099 28
Net losses paid 2904 63
30 Losses incurred 5005 89
Less losses on risks reinsured in companies authorized in
Georgia 2100 27
Net losses incurred 2905 62
LUMBERMENS MUTUAL TIRE INSURANCE COMPANY
OF MANSFIELD OHIO
E S Nail President W H G Kegg Secretary
F VVade Vaughan Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 582413 47
4 Extended at 582413 47
IIIncome
5 Gross premiums 493832 54
6 Deduct reinsurance premiums 14484 re
turn premiums 5815937 total 58304 21
7 Total premiums 435528 33
8 Gross interest on mortgage loans 2782 56CompteolleeGenebals Bepobt
241
10 Gross interest on bonds and dividends on
stocks less 39042 accrued interest on
bonds acquired during 1913 19104 41
11 Gross interest on deposits in trust com
panies and banks 132 79
12 Gross interest from all other sources
Overdue premiums 24 42
16 Total gross interest and rents
17 From other sources Losses subrogated
27 Gross profit on sale or maturity of ledger assets viz
Bonds
28 Gross increase by adjustment in book value of ledger
assets viz Bonds
29 Total income
22044 18
2876 56
496 37
250 00
461195 44
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1806397 occurring in pre
vious years
2 Deduct amount received for discount
191220 46
657 87
3 Net amount paid policyholders for losses 190562 59
4 Expenses of adjustment and settlement of losses 905 42
5 Commissions or brokerage 29304 70
8 Salaries fees and all other charges of officers directors
trustees and home office employees 27163 36
10 Advertising 164057 printing and stationery 34350 2984 07
11 Postage telegrams telephone and express 1489 94
12 Legal expenses 699 63
15 Underwriters boards and tariff associations 50 00
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 631 95
Inspections and surveys 12662 21
Repairs and expenses other than taxes on real estate 716 68
Taxes on real estate 34 28
20 State taxes on premiums 6830 59
21 Insurance department licenses and fees 330 48
22 All other licenses fees and taxes Federal corporation
tax 162 38
Local 771 33
23 Other disbursements Traveling 1434 62
25 Directors 667 72
26 Office 1677 86
27 General 2863 30
17
18
19242 ComptrollerGeneral s Report
31 Dividends to policyholders 16121144 less dividends re
ceived from reinsuring companies
36 Gross decrease by adjustment in book value of ledger
assets viz Bonds
37 Total disbursements
IVLedger Assets
1 Book value of real estate 23700
2 Mortgage loans on real estate 57550 00
4 Book value of bonds 41874315 and
stocks 4972500 total 468468 15
6 Deposits in trust companies and banks not
on interest 10182 30
7 Deposits in trust companies and banks on
interest 8434 36
9 Agents balances representing business
written prior to Oct 1 1913 23557 34
15 Total ledger assets
NonLedger Assets
16 Interest accrued on mortgages 65 05
17 Interest accrued on bonds 4714 60
23 Total
25 Market value not including interest in item 17 of bonds
and stocks over book value
29 Gross assets
VLiabilities
1 Gross losses adjusted and unpaid 945 00
3 Gross claims for losses resisted 2500 00
4 Total 3445 00
i Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 42282348 unearned prem
iums per recapitulation 24411 74
Total
9 Dividends declared and unpaid to policyholders including
161211 50
711 20
444965 75
598643 16
5365 65
615 20
604624 01
3445 00
24411 74CompteollebGenebal s Repoht 243
all unpaid dividends on terminated policies whether
renewed or not 2497 61
10 Salaries rents expenses bills accounts fees etc due or
accrued 500 00
11 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 5000 00
12 Contingent commissions or other charges due or accrued 1924 92
14 Reinsurance and return premiums due other companies 461 32
33 Total amount of all liabilities 225240 59
34 Surplus 379383 42
35 Total liabilities and surplus 604624 01
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 17731542 00 390103 38
2 Written or renewed during the year 22572063 00 493832 54
4 Total 40303605 00 883935 92
5 Deduct those expired and marked off as
terminated 20574537 00 450967 60
6 In force at the end of the year 19729068 00 422968 32
7 Dduct reinsurance permitted by laws of
this state 8500 00 144 84
8 Net amount in force 19720568 00 422823 48
Business in the State of Georgia During the Year
21 Gross risks written 305826 67
Less risks carried 68095 25
Net risks written 237731 42
22 Gross premiums on risks written 10119 18
Less return premiums and losses on risks reinsured in
companies authorized in this state 2000 72
Net premiums received 8118 46
23 Losses paid deducting salvage 2143 00
24 Losses incurred 2143 00244
ComptrollerGenerals Report
MASSACHUSETTS FIRE AND MARINE INSURANCE COMPANY OF
BOSTON MASSACHUSETTS
Everett C Benton President Walter Adlard Secretary
Home Office 95 Water Street and 65 Kilby Street Boston Mass
James L Dickey Jr Attorney for Service in Georgia
IGuaranty Capital
1 Amount of guaranty capital
paid up in cash 500000 00
2 Amount of ledger assets as per balance
Decemberf 31 of previous year 1311463 06
4 Extended at 1311463 06
IIIncome
5 Gross premiums 902576 94
6 Deduct reinsurance premiums 124087 81
Return premiums 146198 55
7 Total premiums
9 Gross interest on collateral loans
10 Gross interest on bonds and dividends on
stocks
11 Gross interest on deposits in trust com
panies and banks
13 Interest on Philadelphia Fire Under
writers Deposits
632290 58
1 707 65 45781 34 1033 48 3 15
16 Total gross interest and rents 47525 62
27 Gross profit on sale or maturity of ledger assets viz N
Bonds 125 00
Stocks 527 50
28 Gross increase by adjustment in book value of ledger
assets viz Bonds 380 40
29 Total income 680849 10
IIIDisbursements
1 Gross amount paid policyholders for losses
including 5067439 occurring in pre
ious years 369406 38
2 Deduct amount received forComptrollerGenerals Report
245
Salvage
Reinsurance
Discount
4422 73
37441 56
14 90
9
10
11
12
13
14
15
16
17
20
21
22
24
25
26
27
28
32
34
26
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 1460280 and expenses 389901 of special
agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 323719 printing and stationery 618918
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 State tax on invest
ments
State fees for Missouri
City taxes
City licenses
Insurance
Underwriters Protective Association
Alfred M Best Co
R G Dun Co
Miscellaneous
Paid for interest or dividends on guaranty capital
amount declared during the year
Agents balances charged off
Gross decrease by adjustment in book value of ledger
assets viz Bonds
327527 19
6052 66
161417 53
273 77
18501 81
35356 73
5718 40
9426 37
3319 97
185 90
2727 96
3107 54
5495 10
5836 96
1493 46
5940 67
2349 92
161 97
12 00
774 43
827 00
186 00
200 00
20 00
350 00
313 25
15000 00
45 43
295 86
37 Total disbursements 612917 88
IVLedger Assets
4 Book value of bonds 78550630 and
stocks 41716223 total 1202668 53
5 Cash in companys office 98 83246
ComptrollerGeneral s Report
7 Deposits in trust companies and banks on
interest 61984 22
8 Agents balances representing business
written subsequent to Oct 1 1913 112274 83
9 Agents balances representing business
written prior to Oct 1 1913 2313 87
12 Bills receivable taken for marine and in
land risks 90 00
15 Total ledger assets 1379394 28
NonLedger Assets
17 Interest accrued on bonds 8306 41
19 Interest accrued on other assets 301 84
23 Total 8608 25
29 Gross assets 1388002 53
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to Oct 1 1913 2313 87
36 Book value of ledger assets over market
value viz Bonds and stocks 15912 53
39 Admitted assets 1369776 13
VLiabilities
1 Gross losses adjusted and unpaid 16189 02
2 Gross claims for losses in process of ad
justment or in suspense plus 732300
Teserve for losses incurred prior to Dec
31 of which no notice kad been receiv
ed on that date 65015 65
4 Total 81204 67
5 Deduct reinsurance due or accrued in com
panies authorized in Georgia 9529 32
0 Net amount of unpaid losses and claims 71675 35
7 Gross premiums less reinsurance received and receiv
able upon all unexpired fire risks 71096686 un
earned premiums per recapitulation 39498963 un
expired marine risks 20818284 unearned premiums
per recapitulation 10409142 total 499081 05
ComptbolleeGenebals Repoet 247
10 Salaries rents expenses bills accounts fees etc due
or accrued 1116 28
11 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 9289 97
33 Total amount of all liabilities 581162 65
34 Surplus j 788613 48
35 Total liabilities and surplus 1369776 13
VIKisks and Premiums
1 In force on the 31 day of December as per line 5 under
this heading in last years statement 774268 70
2 Written or renewed during the year 902576 94
4 Total 1676845 64
5 Deduct those expired and marked off as tehminated 653777 61
6 In force at the end of the year 1023068 03
7 Deduct reinsurance permitted by laws of this State 103918 33
8 Net amount in force 919149 70
Business in the State of Georgia During the Year
21 Gross risks written 1200868 00
Less 23542500 fire risks cancelled and 7990000 fire
reinsurance in companies authorized in t7iis state 315325 00
Net risks written 885543 00
22 Gross premiums on risks written 17886 49
Less return premiums on cancelled policies and premiums
for reinsurance in companies authorized in this state 4012 71
Net premiums received 13873 78
23 Losses paid deducting salvage 7893 30
Less losses on risks reinsured in companies authorized in
in this state 193 14
Net losses paid 7700 16
24 Losses incurred 5948 66
Less losses on risks reinsured in companies authorized in
this state 93 14
Net losses incurred 5855 52248
ComptrollerGenerals Eeport
MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF
PROVIDENCE RHODE ISLAND
Henry T Grant President Alfred N Eddy Secretary
W A Wright Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous years 251667 62
4 Extended at 251667 62
IIIncome
5 Gross premiums 271893 13
6 Deduct reinsurance premiums 15721 84
7 Total premuims other than perpetual 256171 29
11 Gross interest on bonds and dividends on
stocks less 22188 accrud interest on
bonds acquired during 1913 15018 71
12 Gross interest on deposits in trust com
panies and banks 382 74
16 Gross rents from company s property 1062 50
18 From other sources 15000 00
26 Gross profit on sale or maturity of ledger assets viz
Stocks 144 00
27 Gross increase by adjustment in book value of ledger
assets viz Stocks 5000 00
28 Total income 292779 30
IIIDisbursements
1 Gross amount paid policyholders for losses
including 168000 occurring in pre
vious years 6839 80
3 Net amount paid policyholders for losses 6839 80
8 Salaries fees and all other charges of officers directors
trustees and home office employees 16646 10
9 Rents 2175 76
10 Advertising 12305 printing and stationery 112481 1247 86
11 Postage telegrams telephone and express 1445 09
12 Legal expenses 18 50ComptrollerGenerals Report
249
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
City taxes
23 Other disbursements Auditing
25 Travel
26 Miscellaneous
27 Callateral Note
28 Interest
29 Brokerage
30 ITnabsorbed premium returned to policy holders
264 85
41 Total disbursements
37 34
4164 63
2681 08
642 43
4552 61
725 35
100 00
2216 31
191 75
15000 00
534 72
10 00
217247 33
276741 71
IVLedger Assets
4 Book value of bonds 6382500 and
stocks 191052 total 254877 00
5 Cash in companys office 100 00
7 Deposits in trust companies and banks on
interest 3177 67
8 Agents balances representing business
written subsequent to Oct 1 1913 9467 64
9 Agents balances representing business
written prior to Oct 1 1913 82 90
16 Total ledger assets 267705 21
NonLedger Assets
20 Interest accrued on bonds
24 Total
843 75
268548 96
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 82 90
38 Book value of ledger assets over market
value 26327 00
41 Total admitted assets 242139 06250
ComptrollerGenerals Beport
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 30000
Teserve for losses incurred prior to Dec
31 of which no notice had been receiv
d on that date 1870 00
6 Net amount of unpaid losses and claims
1 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 28369983 unearned prem
iums per recapitulation 147179 05
1870 Oft
10 Total unearned premiums as computed above 147179 05
17 Salaries rents expenses bills accounts fees etc due or
accrued 224 72
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 3406 63
2C Total amount of all liabilities except capital
28 Surplus over all liabilities
152679 90
89459 16
30 Total liabilities
242139 06
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 316216 27 269208 59
2 Written or renewed during the year 316714 50 271893 13
4 Total 632930 71 341101 72
5 Deduct those expired and marked off as
terminated 302323 96 257401 89
6 In force at the end of the year 330606 81 283699 83
Business in The State of Georgia During the Year
27 Gross risks written 1112380 00
Less risks cancelled 197760 00
Net risks written 914620 00CompteollebGenerals Report
251
28 Gross premiums on risks written
Less return premiums
Net premiums received
29 Losses paid deduct salvage
30 Losses incurred
8259 63 672 94
7586 69 281 98 1290 74
MILWAUKEE MECHANICS INSURANCE COMPANY OF
MILWAUKEE WISCONSIN
William L Jones President Oscar Griebling Secretary
Home Office 442 and 444 City Hall Square Milwaukee Wis
William H Hill 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 4314912 72
4 Extended at 4314912 72
IIIncome
5 Gross premiums 2898269 91
6 Deduct reinsurance premiums fire 436
60860 return premiums fire 458
50901 total 895117 61
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 341362 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 School warrant taken in payment of prem
iums
15 Munich Reinsurance Co refunded over
payment of trust fund 1912
16 Gross rents from companys property in
eluding 320000 for companys occu
pancy of its own buildings
2003152 30
88278 09
89388 76
1882 12
10 30
1 70
103 75
4043 11
17 Total gross interest and rents 183708 56252 ComptrollerGenerals Eeport
19 Borrowed money 45000 00
20 Taxes refunded on Teal estate disposed of
in previous years 71 85
23 Total 45071 85
25 From agents balances previously charged off 131 51
26 Gross profit on sale or maturity of ledger assets viz
Bonds 1637 50
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 30 0O
28 Total income 2233731 72
IIIDisbursements
1 Gross amount paid policyholders for losses
including 19830516 occurring in pre
vious years 1255119 15
2 Deduct amount received for salvage fire
637730 reinsurance fire 24673299
discount fire 106927 total 254179 56
3 Net amount paid policyholders for losses 1000939 59
4 Expenses of adjustment and settlement of losses 33887 80
5 Commissions or Brokerage Including 98347 on risks of
other companies reinsured less 11680879 reinsur
ance commissions485918 90
7 Salaries 5512326 and expenses 3984811 of special
and general agents 94971 37
8 Salaries fees and all other charges of officers directors
trustees and home office employees 95943 74
9 Rents including 320000 for companys occupancy of its
own buildings 8275 93
10 Advertising 224482 printing and stationery 1501638 17261 20
11 Postage telegrams telephone and express 19038 35
12 Legal expenses 2385 10
13 Furniture and fixtures 955 17
14 Maps including corrections 7261 90
15 Underwriters boards and tariff associations 7712 55
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 21407 87
17 Inspections and surveys 17466 34
18 Repairs and expenses other than taxes on real estate 231 48
19 Taxes on real estate 1288 59
20 State taxes on premiums 56034 09
21 Insurance department licenses and fees 15461 08ComptrollebGenerals Report 253
22 All other licenses fees and taxes Federal corporation
tax 308710 municipal taxes 220141 municipal
licenses 484173 total 10130 24
24 Expense on securities 204 82
25 Exchange 1943 97
26 Heating lighting and cleaning office water towels and
ice 2734 88
27 Auditing 46850 newspaper subscriptions 14610 614 60
28 Mercantile agencies 143557 Surety bonds 49815
meals 42180 2355 52
29 Donations and gifts 9700 entertaining agents 47635
funeral expenses 1000 583 35
30 Tabulating machine 38580 business associations 3500 420 80
31 Borrowed money repaid 45000 00
32 Interest on borrowed money 317 85
34 Paid stockholders for interest or dividends amount de
clared during the year 12000000 120000 00
37 Decrease in liabilities during the year on account of re
insurance treaties 5700 84
38 Agents balances charged off 2504 43
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 70231 68
Stocks 960 00
41 Total disbursements 2150233 98
IVLedger Assets
1 Book value of real estate 52825 00
2 Mortgage loans on real estate 1832487 45
4 Book value of bonds 192578750 and
stocks 4444000 1970227 50
5 Cash in companys office 22552 19
7 Deposits in trust companies and banks on
interest 165204 53
8 Agents balances representing business
written subsequent to October 1 1913 344282 54
9 Agents balances representing business
written prior to October 1 1913 6562 97
12 Other ledger assets viz Deposit Mil
waukee Board of Fire Underwriters 100 00
13 Due from Munich Reinsurance Co 4168 28
16 Total ledger assets 4398410 46254
CompteollebGeneeals Bepobt
NonLedger Assets
17 Interest due 62476 and accrued 28
19087 on mortgages
18 Interest accrued on bonds
28815 63
16052 82
24 Total
44868 45
30 Gross assets 4443278 91
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1913 6562 97
40 Total
6562 97
41 Total admitted assets 4436715 94
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 1143981
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
43724 94
133919 83
12068 07
189712 84
31863 83
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 445721495 unearned premiums
per recapitulation 2288319 7
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due
or aecrued
18 Estimated amount hereafter payable for federal state
and other taxes based on the business of the year of
this statement
19 Contingent commissions or other charges due or accrued
20 Funds held under reinsurance treaties
23 All other liabilities viz Reserved for dividends
157849 01
228S319 37
5000 00
75000 00
20000 CO
9334 62
30000 00
26 Total amount of all liabilities except capita 2585503 00ComptrollerGeneral s Eeport 255
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 851212 94
29 Surplus as regards policyholders 1851212 94
30 Total liabilities 4436715 94
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of Dec as per
line 6 under this heading in last
year a statement 477753090 00 5092594 01
2 Written or renewed during the year 268248658 00 2898269 91
4 Total 746001748 00 7990863 92
5 Deduct those expired and marked off as
terminated 249680470 00 2812963 44
6 In force at the end of the year 496321278 00 5177900 48
7 Deduct amount reinsured 62119338 00 720685 53
8 Net amount in force 434201940 00 4457214 95
Business in the State of Georgia During the Year
27 Gross risks written 3383997 00
Less 71575000 risks cancelled 696775 00
Net risks written 2687222 00
28 Gross premiums on risks written 52289 18
Less return premiums 10114 56
Net premiums received 42 174 62
29 Losses paid deducting salvage 17522 60
Net losses paid 17522 60
Net losses incurred 15524 45256
COMPTROLLERGrENERALs REPORT
NATIONALBEN FEANKLIN FIEE INSUEANCE COMPANY
Samuel McKniglit President H M Schmitt Secretary
C M Eamspeek Atlanta Ga Attorney for Service
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3283590 92
IIIncome
5 Gross premiums 2292119 73
6 Deduct reinsurance premiums fire 403
40504 return premiums fire 413
96071 total 817365 75
7 Total premiums other than perpetual
9 Gross interest on mortgage loans i
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 39569 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources De
linquent accounts
14 Deposit with Philadelphia Undrs Assn
15 Trenton Auxiliary Fire Alarm Co
16 Gross rents from companys property in
cluding 600000 for companys occu
pancy of its own buildings
1474753 9S
148462 64
5466 79
5369 31
2598 39
27 02
6 30
60 00
10948 7
17 Total gross interest and rents 172939 80
19 Sale of Real Estate 2500 00
25 From agents balances previously charged off 264 45
28 Total income 1650058 23
IIIDisbursements
1 Gross amount paid policyholders for losses
including 15316506 occurring in pre
vious years 949253 91ComptrollerGenerals Beport
257
2 Deduct amount received for salvage fire
418051 reinsurance fire 14714165 151322 16
3 Net amount paid policyholders fox losses 797931 75
4 Expenses of adjustment and settlement of losses 21308 40
5 Commissions or brokerage 431614 37
6 Allowances to local agencies for miscellaneous agency
expenses 25756 38
7 Salaries 1662496 and expenses 1623340 of special
and general agents 32858 36
8 Salaries fees and all other charges of officers directors
trustees and home office employees 68349 41
9 Eents including 600000 for companys occupancy of
its own buildings 6000 00
10 Advertising 135256 printing and stationery 579334 7145 90
11 Postage telegrams telephone and express 3673 34
12 Legal expenses 1145 42
13 Furniture and fixtures 28 45
14 Maps including corrections 1444 32
15 Underwriters boards and tariff associations 11836 20
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 12851 70
17 Inspections and surveys 6287 09
18 Repairs and expenses other than taxes on real estate 3421 63
19 Taxes on real estate 2708 14
20 State taxes on premiums 22225 86
Insurance department licenses and fees 8067 04
All other licenses fees and taxes Federal corporation
tax 624 37
Capital stock tax 4593 16
Fire Marshal taxes 1407 86
Municipal tax 3150 10
Other disbursements Light heat ice and water at home
office 1121 18
25 Miscellaneous home office expenses 237 62
34 Paid stockholders for interest or dividends amount de
dared during the year 16000000 160074 00
38 Agents balances charged off 1721 34
39 Gross loss on sale or maturity of ledger assets viz Heal
estate 6 15
21
22
23
41 Total disbursements 1637589 54
IVLedger Assets
1 Book value of real estate 146139 58
2 Mortgage loans on real estate 2478145 68
3 Loans secured by pledge of bonds stocks
or other collateral 81900 00258 ComptrollerGenerals Beport
4 Book value of bonds 13253875 and stocks
726000 139798 75
5 Cash in companys office 34779 53
7 Deposits in trust companies and banks on
interest 180706 16
8 Agents balances representing business
written subsequent to Oct 1 1913 233204 26
9 Agents balances representing business
written prior to Oct 1 1913 1591 65
13 Deposit with Phila Unders Assn 200 00
16 Total ledger assets 3296465 61
NonLedger Assets
17 Interest due 583028 and accrued 34
70324 on mortgages 40533 52
20 Interest on bonds 1779 17
19 Interest due 8308 and accrued 16002
on collateral loans 243 10
23 Eents due on companys property ot lease 381 25
24 Total 42937 04
25 Market value of real estate over book value 11310 42
30 Gross assets 3350713 07
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 1591 65
39 Bonds and stocks 1591 25
41 Total admitted assets 3347530 17
VLiabilities
1 Gross losses adjusted and unpaid 53087 43
2 Gtoss claims for losses in process of ad
justment or in suspense plus 1094598
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 90388 11
3 Gross claims for losses resisted 15847 92
4 Total 159323 46
5 Deduct reinsurance due or accrued 32738 40ComptbolleeGenebals Eepoet
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 316401958 unearned prem
iums per recapitulation 1665562 00
259
126585 06
10 Total unearned premiums as computed above 1665562 00
16 Dividends declared and unpaid to stockholders 335 00
17 Salaries rents expenses bills accounts fees etc due
or accrued 197 22
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 22 000 00
19 Contingent commissions or other charges due or accrued 46s 04
26 Total amount of all liabilities except capital 1815 147 32
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 532382 85
29 Surplus as regards policyholders 1 532 382 So
30 Total liabilities 3347530 17
VIRisks and Premiums
1 In force on the 31 day of December as per line 6 under
this heading in last years statement 361687336 00
2 Written or renewed during the year 230 224 055 00
4 Total 591911391 00
5 Deduct those expired and marked off as terminated194186790 00
6 In force at the end of the year 397 724601 i0
7 Deduct amount reinsured 57 336 114 00
8 Net amount in force340388487 00
NATIONALE FOREIGN FIRE INSURANCE COMPANY
United States Managers Starkweather Shepley Inc
Hon William A Wright Ins Com Attorney for Service
ICapital Stock
1 Deposit capital pursuant to laws of N Y
State 216000 00260
ComptrollerGenerals Report
2 Amount of ledger assets as per balance December 31
of previous years 635116 14
IIIncome
3 Gross premiums 809645 33
4 Deduct reinsurance premiums fire 357
15668 return premiums 18129454 538451 22
7 Total premiums other than perpetual 271194 11
11 Gross interest on bonds and dividends tin
stocks less 8000 accrued interest on
bonds acquired during 1913 21860 00
12 Gross interest on deposits in trust com
panies and banks 2254 30
13 Gross interest from all other sources
From cash deposited with Philadelphia
Underwriters 3 15
15 Prom Phenix Fire Ins Co for interest
under reinsurance treaty 374 63
17 Total gross interest and rents 24492 08
29 Total income 295686 19
IIIDisbursements
1 Gross amount paid policyholders for losses
including 3984018 occurring in pre
vious years 306835 50
2 Deduct amount received for salvage fire
440120 reinsurance fire 18280842
discount fire 24113 total 187450 75
3 Net amount paid policyholders for losses 119384 75
4 Expenses of adjustment and settlement of losses 2042 66
5 Commissions or brokerage 87361 04
8 Salaries fees and all other charges of officers directors
trustees and home office employees 195 00
10 Advertising 27756 printing and stationery 454 282 10
12 Legal expenses 41 35
15 Underwriters boards and tariff associations 1996 40
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 1797 26
17 Inspection and surveys 477 86
20 State taxes on premiums 4243 97
21 Insurance department licenses and fees 2546 05ComptrollerGenerals Eeport
261
22 All other licenses fees and taxes Federal corporation tax 42 61
City taxes and licenses 982 07
23 Other disbursements Surety Bonds 129 06
25 Commissions on investments 25 00
26 Auditing books 112 50
27 Paid for interest on deposits to Phenix Fire Ins Co and
L Cebeille Fire Ins Co under reinsurance treaty 479 19
41 Total Disbursements 222138 87
TVLedger Assets
4 Book value of bonds 534610 00
7 Deposits in trust companies and banks on
interest 114772 69
8 Agents balances representing business
written subsequent to Oct 1 1913 59180 77
13 Cash deposited with Philadelphia Under
writers Assn 100 00
16 Total ledger assets
NonLedger Assets
18 Interest accrued on bonds
24 Total
30 Gross assets
6998 33
Deduct Assets Not Admitted
38 Book value of ledger assets over market value
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid 8764 14
2 Gross claims for losses in process of ad
justment or in suspense plus 260966
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 42036 54
3 Gross claims for losses resisted 8100 00
4 Total
5 Deduct reinsurance due or accrued
58900 68
28679 33
708663 46
6998 33
715661 79
7460 00
708201 79262 CompteollebGeneeals Repobt
6 Net amount of unpaid losses and claims 30221 35
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 19411468 unearned premiums
per recapitulation 194114 68
10 Total unearned premiums as computed above
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
19 Contingent commissions or other charges due or accrued
21 Reinsurance and return premiums due other companies
26 Total amount of all liabilities except capital
27 Deposit capital actually paid up in cash 316000 00
28 Surplus over all liabilities 393675 24
29 Surplus as regards policyholders
30 Total liabilities 708201 79
194114 68
5000 00
19529 66
65659 86
314525 55
393676 24
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD
Home Office 95 Pearl Street Hartford Conn
James Nichols President G H Tryon Secretary
ICapital Stock
1 Amount of capital paidup
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 14752199 01
4 Extended at 14752199 01
IIIncome
5 Gross premiums 13392 518 64
6 Deduct reinsurance premiums 301505666
and return premiums 1923421 29 4938477 95
7 Total premiums other than perpetual 8454040 69
9 Gross interest on mortgage loans less
63550 accrued interest on mortgages
acquired during 1913 92438 05CompteolleeGenebal s Eepobt
263
11 Gross interest on Bonds and dividends on
stocks less 984610 accrued interest
on bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
14 Interest on bills receivable
15 Interest on certificates of depositbank
accounts now closed
16 Gross rents from Companys property in
cluding 2000000 for companys occu
pancy of its own buildings
493433 60
23079 20
5648 47
952 54
36741 76
17 Total Gross interest and rents
19 Conscience fund
20 Check issued in previous years not presented at bank
24 Increase in liabilities during the year on account of rein
surance treaties
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz Bonds
Stocks
652293 62
177 34
526 92
21301 63
699 74
1295 50
19 25
28 Total income 9130354 69
IIIDisbursements
1 Gross amount paid policyholders for losses
including 44190008 occurring in pre
vious years 6201309 94
2 Deduct amount received for Salvage 30
73247 and for reinsurance in other com
panies 181536745 1846099 92
3 Net amount paid policyholders for losses 4355210 02
4 Expenses of adjustment and settlement of losses 53694 13
5 Commissions or brokerage 1513 826 69
6 Allowances to local agencies for miscellaneous agency
expenses 1811 74
7 Salaries 75502946 and expenses 20704952 of special
and general agents 962078 98
8 Salaries fees and all other charges of officers directors
trustees and home office employes 223247 88
9 Rents including 2000000 for Companys occupancy of
its own buildings 50964 68
10 Advertising 2752838 Printing and Stationery 69
37188 96900 26
11 Postage telegrams telephone and express 70482 17
12 Legal expenses 10902 15
13 Furniture and Fixtures 18548 44264
CompteollebGeneeals Bepobt
14 Maps including corrections 14588 40
15 Underwriters Boards and Tariff Associations 108782 80
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 52576 69
17 Inspections and Surveys 12123 78
18 Repairs and expenses other than taxes on Eeal Estate 5017 99
19 Taxes on Eeal Estate 9671 49
20 State taxes on premiums 154638 59
21 Insurance department licenses and fees 30104 60
22 All other licenses fees and taxes Federal corporation tax 5201 76
Tax on capital stock 63878 70
City and county taxes 13239 69
State county and city licenses and fees 17157 47
Other taxes licenses fees 605 07
23 Other Disbursements Departmental examination 16646 12
25 Office expenses 12417 62
26 Mercantile reports 2914 78
27 Premiums on Surety bonds 560 55
28 Traveling expenses 6819 13
29 Other miscellaneous expense 2410 30
30 Investment expenses and commissions 2101 85
31 Interest on Advance Payments German Ins Co 177 45
32 Interest paid on uninvested reserves of reinsurance com
panies 1981 38
34 Paid stockholders for interest or dividends amount de
clared during the year 40000000 400000 00
38 Agents balances charged off 1763 17
39 Gross loss on sale or maturity of ledger assets viz Eeal
Estate 8836 22
Bonds 9309 25
41 Total disbursements 8311191 99
IVLedger Assets
1 Book value of real estate 597364 24
2 Mortgage loans on real estate 1566150 00
4 Book value of bonds 971971758 and
Stocks 121730604 10937023 62
5 Cash in companys office 1751 02
6 Deposits in Trust companies and banks not
on interest 101758 01
7 Deposits in Trust companies and banks on
interest 810188 44
8 Agents balances representing business
written subsequent to October 1 1913 1285262 65
9 Agents Balances representing business
written prior to October 1 1913 34565 91ComptrollerGenerals Eeport 265
11 Bills receivable taken for fire risks 216983 54
12 Other ledger assets viz Cash in Branch
offices Chicago 34342 Omaha 3
12012 New Orleans 1176088 total 15224 42
13 Bills receivable taken for agents balances 2139 13
Collections due from financial agents 12500 00
14 Due from department managers for home
office reinsurance 21519 08
15 Less due to special agents 1682851 Due
to other insurance companies 1423984 3106835
16 Total ledger assets 15571361 71
NonLedger Assets
17 Interest due 33500 and accrued 27
44911 on mortgages 27784 11
18 Interest accrued on bonds 132228 73
24 Total 160012 84
25 Market value of leal estate over book value 12803 25
30 Gross assets 15744177 80
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1913 34565 91
35 Bills receivable past due taken for marine
inland and fire risks 9799 90
38 Book value of Ledger assets over market
value viz Bonds and stocks 177254 47
39 Other assets not admitted viz
Bills receivable taken for agents balances 2139 13
Collections due from financial agents 12500 00
Due from department managers for home
office reinsurance 21519 08
Due from other insurance companies 637 78
41 Total admitted assets 15485761 53
VLiabilities
1 Gross losses adjusted and unpaid 160064 94
2 Gross claims for losses in process of ad
justment or in suspense plus 4053456
reserve for losses incurred prior to Dec
31st of which no notice had been receiv
266 ComptrollerGenerals Report
ed on that date 692411 51
3 Gross claims for losses resisted 82438 07
4 Total 934914 52
5 Deduct reinsurance due or accrued 322391 86
6 Net amount of unpaid losses and claims 612522 66
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 1587035022 unearned premiums
per recapitulation 8140335 93
10 Total unearned premiums as computed above 8140335 93
17 Salaries rents expenses bills accounts fees etc due or
accrued 27623 95
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 225000 00
19 Contingent commissions or other charges due or accrued 22376 05
20 Funds held under reinsurance treaties 75462 00
24 Special reserve fund covering all contingent liabilities 300000 00
26 Total amount of all liabilities except capital 9403320 65
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 4082440 88
29 Surplus as regards policyholders 6082440 88
30 Total liabilities 15485761 53
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of Dec as per
line 6 under this heading in last
years statement 1784752338 18704873 97
2 Written or renewed during the year 1381715512 00 13392518 64
3 Excess of original premiums over amount
received for reinsurance 179801 69
4 Total 3166467850 00 32277194 30
5 Deduct those expired and marked off as
terminated 1246865999 12745421 95
6 In force at the end of the year 1919601851 19531772 35
7 Deduct amount reinsured 386361234 3661422 13
8 Net amount in force 1533240617 15870350 22CompteollebGeneeals Repoet 267
Business in The State of Georgia During Tie Year
27 Gross risks written 16639116 00
Less 157995500 risks cancelled and 105470500 reins
in authorized Companies 2634660 00
Net risks written 14004456 00
28 Gross premiums received 147640 09
Less 1890874 return premiums and 482862 premiums
for reinsurance in authorized companies 23737 36
Net premiums received 123902 73
29 Losses paid deducting salvage 71602 32
Less losses on risks reinsured in authorized companies 10091 23
Net losses paid 61511 09
30 Losses incurred 74006 42
Less losses on risks reinsured in authorized companies 10076 87
Net losses incurred 63929 55
NATIONAL UNION FIRE INSURANCE COMPANY
E E Cole President W F Braun Secretary
C A Thornton Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 4207720 84
4 Extended at 4207720 84
ITIncome
5 Gross premiums 4862550 64
6 Deduct reinsurance premiums fire 1301
15374 return premiums fire 859
10111 total 2160254 85
7 Total premiums other than perpetual 2702295 79
9 Gross interest on mortgage loans less 117
accrued interest on mortgages acquired
during 1913 34465 34268
ComptrollerGenerals Eeport
10 Gross interest on collateral loans 6037 50
11 Gross interest on bonds and dividends on
stocks less 219015 accrued interest on
bonds acquired during 1913 122745 37
12 Gross interest on deposits in trust com
panies and banks 4863 04
13 Interest on bills receivable taken for fire
risks 389 52
14 Gross income from unlisted assets 206 95
15 Gross interest received from other companies 1130 00
16 Gross rents from companys property 2303 37
17 Total gross interest and rents 172141 09
24 Increase in liabilities during the year on account of re
insurance treaties 1734 60
25 From agents balances previously charged off 632 37
26 Gross profit on sale or maturity of ledger assets viz
Bonds 122 00
28 Total income 2876925 85
IIIDisbursements
1 Gross amount paid policyholders for losses
including 20610225 occurring in pre
vious years 2130634 63
2 Deduct amount received for Salvage fire
532732 reinsurance fire 83253916
Discount fire 77210 total 838638 58
3 Net amount paid policyholders for losses 1291996 05
4 Expenses of adjustment and settlement of losses 38078 37
5 Commissions or brokerage 436903 39
6 Allowances to local agencies for miscellaneous agency
expenses 12205 11
7 Salaries 8447988 and expenses 6158880 of special and
general agents 146068 68
8 Salaries fees and all other charges of officers directors
trustees and home office employees 121510 72
9 flents 14234 84
10 Advertising 186075 printing and stationery 2762407 29484 82
11 Postage telegrams telephone and express 15667 26
12 Legal expenses 1170 82
13 Furniture and fixtures 2318 05
14 Maps including corrections 9944 43
15 Underwriters boards and tariff associations 29507 40
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 9835 81
17 Inspections and surveys 4917 88CompteolleeGenebals Kepobt 269
18 Repairs and expenses other than taxes on real estate 342 87
19 Taxes on real estate 525 15
20 State taxes on premiums 66308 57
21 Insurance department licenses and fees 18310 18
22 All other licenses fees and taxes Federal corporation
tax 1434 15
Municipal licenses 8486 50
Pennsylvania Franchise tax 4096 57
23 Other disbursements Interest paid 606 95
34 Paid stockholders for interest or dividends amount de
clared during the year 9000000 45000 00
38 Agents balances charged off 2115 45
39 Gross loss on sale or maturity of ledger assets viz Bonds 9535 94
Stocks 766 67
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 12783 33
41 Total disbursements 2334155 96
FVLedger Assets
1 Book value of real estate 30654 40
2 Mortgage loans on real estate 536850 00
3 Loans secured by pledge of bonds stocks or
other collateral 115000 00
4 Book value of bonds 239591456 and
stocks 39712858 2793043 14
5 Cash in companys office 19925 50
6 Deposits in trust companies and banks not
on interest 40632 70
7 Deposits in trust companies and banks on
interest 217296 28
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 621291 95
9 Agents balances representing business writ
ten prior to Oct 1 1913 7862 26
11 Bills receivable taken for fire risks 257626 12
12 Other ledger assets viz Due from other
companies 110308 38
16 Total ledger assets 4750490 73
NonLedger Assets
17 Interest accrued on mortgages 9422 14
20 Interest accrued on bonds 34388 26
19 Interest accrued on collateral loans 1510 96
24 Total 45321 3
30 Gross assets 4795812 09270 ComptrollerGeneeals Bepoet
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 7862 26
35 Bills receivable past due taken for marine
inland and fire risks 29171 98
38 Book value of ledger assets over market
value viz Bonds and stocks 75172 58
41 Total admitted assets 4683605 27
VLiabilities
1 Gross losses adjusted and unpaid 28124 86
2 Gross claims for losses in process of ad
justment or in suspense plus 1450000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 71600 20
3 Gross claims for losses resisted 36780 29
4 Total 336505 35
5 Deduct reinsurance due or accrued 135315 90
6 Net amount of unpaid losses and claims 201189 45
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 527467125 unearned premiums
per recapitulation 2889334 34
10 Total unearned premiums as computed above 2889334 34
16 Dividends declared and unpaid to stockholders 45000 00
17 Salaries rents expenses bills accounts fees etc due or
accrued 500 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 60000 00
20 Funds held under reinsurance treaties 78823 81
26 Total amount of all liabilities except capital 3274847 60
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 408757 67
29 Surplus as regards policyholders 1408 757 67
30 Total liabilities 4683605 27CompteolleeGeneeals Eepoet 271
VIRisks and Premiums
Pire Risks Premiums Thereon
1 In force on the 31st day of Dec as per
line 6 under this heading in last
years statement 470352271 00 5705757 01
2 Written or renewed during the year422039678 00 4862550 64
3 Excess of original premiums over amount
received for reinsurance 235714 19
4 Total 892391949 00 10804021 84
5 Deduct those expired and marked off as
terminated 318797365 00 3842169 63
6 In force at the end of the year573594584 00 6961852 21
7 Deduct amount reinsured 137855057 00 1687180 96
8 Net amount in force435739527 00 5274671 25
Business in The State of Georgia During The Year
27 Gross risks written 4595643 00
Less 64261400 risks cancelled and 2190000 reinsurance
in companies authorized in Georgia 664514 00
Net risks written 3931129 00
28 Gross premiums on risks written 65742 06
Less 1273795 return premiums and 11010 premiums
for reinsurance in companies authorized in Georgia 12848 05
Net premiums received 52894 01
29 Losses paid deducting salvage 38935 03
30 Losses incurred 54907 74
NEWARK STOCK FIRE INSURANCE COMPANY
E J Haynes President T L Farquhar Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 1897635 70
4 Extended at 1897635 70272 CompteolleeGtbneeals Bepobt
IIIncome
5 Gross premiums 1374294 11
6 Deduct reinsurance premiums fire 207
21539 return premiums fire 22848579 435701 18
7 Total premiums other than perpetual 938592 93
9 Gross interest on mortgage loans 25588 13
11 Gross interest on bonds and dividends on
stocks 48314 89
12 Gross interest on deposits in trust companies
and banks 1190 03
15 Philadelphia Fire Underwriters Association 3 15
16 Gross rents from companys property in
cluding 450000 for companyS occu
pancy of its own buildings 4500 00
17 Total gross interest and rents 79596 20
23 Federal income tax refunded 18 89
28 Total income 1018208 02
IIIDisbursements
1 Gross amount paid policyholders for losses
including 7567803 occurring in pre
vious years 498280 82
2 Deduct amount received for salvage fire
214289 reinsurance fire 8635124
discount fire 23309 total 88727 22
3 Net amount paid policyholders for losses 409553 60
4 Expenses of adjustment and settlement of losses 7444 94
5 Commissions or brokerage 200107 03
7 Salaries 3591341 and expenses 2218223 of special and
general agents 58095 64
8 Salaries fees and all other charges of officers directors
trustees and home office employees 54247 85
9 Bents including 450000 for companys occupancy of its
own buildings 5666 37
10 Advertising 482134 printing and stationery 1048999 15311 33
11 Postage telegrams telephone and express 6902 68
12 Legal expenses 483 63
13 Furniture and fixtures 2819 62
14 Maps including corrections 6118 73
15 Underwriters boards and tariff associations 10059 98
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 4152 34
17 Inspections and surveys 3966 44CompteolleeGenebals Repoet
273
18 Repairs and expenses other than taxes on real estate 3978 29
19 Taxes on real estate 2779 72
20 State taxes on premiums 17961 51
21 Insurance department licenses and fees 7822 17
22 Taxes on personal property 1212 36
30 Towels ice drinking water employees bonds moving ex
penses etc 631 71
34 Paid stockholders for interest or dividends amount de
clared during the year 6990500 69746 50
38 Agents balances charged off 540 16
39 Gross loss on sale or maturity of ledger assets viz Bonds 10 00
41 Total disbursements 889612 60
IVLedger Assets
1 Book value of real estate 145523 24
2 Mortgage loans on real estate 508250 00
4 Book value of bonds 73081865 and stocks
34335863 1074177 28
5 Cash in companys office 548 75
7 Deposits in trust companies and banks on
interest 136239 97
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 156053 18
9 Agents balances representing business writ
ten prior to Oct 1 1913 5338 70
15 Philadelphia Fire Underwriters Association
deposit 100 00
16 Total ledger assets 2026231 12
NonLedger Assets
17 Interest due 22800 and accrued 675265
on mortgages 6980 65
18 Interest accrued on bonds 9673 34
24 Total 16653 99
25 Market value of real estate over book value 4476 76
28 Due from other companies on losses already paid Allemania
Fire Ins Co 2955 Reinsurance Bureau 51075 Com
merce Ins Co 02 Russian Reinsurance Co 830455
Farmers Fire Ins Co 1250 Standard Ins Co 01
Mechanics Traders Ins Co 06 Western Ins Co
03 total 8857 47
30 Gross assets 2056219 34274 ComptrollerGenerals Eeport
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 5338 70
38 Book value of ledger assets over market value 40987 87
41 Total admitted assets 2 009 892 77
VLiabilities
1 Gross losses adjusted and unpaid 53241 00
2 Gross claims for losses in process of ad
justment or in suspense plus 687900
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 75247 16
3 Gross claims for losses resisted 15272 00
4 Total 143760 16
5 Deduct reinsurance due or accrued 27269 00
6 Net amount of unpaid losses and claims 116 491 16
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 137921154 unearned premiums
per recapitulation 757389 87
10 Total unearned premiums as computed above 757 389 87
16 Dividends declared and unpaid to stockholders 8444 25
17 Salaries rents expenses bills accounts fees etc due or
accrued 2033 93
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 17500 00
21 Reinsurance and return premiums due other companies 21660 87
26 Total amount of all liabilities except capital 901859 21
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 608 033 56
29 Surplus as regards policyholders 1108 033 56
30 Total liabilities 2009892 77
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of Dec as perComptkollebGtenebax s Bepobt
275
line 6 under this heading in last
years statement 121935884 00 1219553 20
2 Written or renewed during the year 126376804 00 1374294 11
4 Total248312688 00 2593847 31
5 Deduct those expired and marked off as
terminated 89162433 00 967975 14
6 In force at the end of the year159150255 00 1625872 17
7 Deduct amount reinsured 21135425 00 246660 63
8 Net amount in force 138014830 379211 54
Business in The State of Georgia During The Year
27 Gross risks written 1043298 00
Less 22198200 risks cancelled and 12070600 reinsur
ance in companies authorized in Georgia 342688 00
Net risks written 700610 00
28 Gross premiums on risks written 16399 73
Less 314849 return premiums and 197075 premiums
for reinsurance in companies authorized in Georgia 511924
Net premiums received
29 Losses paid deducting salvage
30 Losses incurred
11280 49
2427 72
2456 72
NEW BRUNSWICK FIRE INSURANCE COMPANY
Geo A Viehmann President Chas D Ross Secretary
Robert N Hughes Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock paid up
in cash 300000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 841164 64
3 Increase of paidup capital during the year 100000 00
4 Extended at 841164 64276 CompteolleeGeneeals Bepobt
IIIncome
5 Gross premiums 819125 15
6 Deduct reinsurance premiums fire 119
44726 return premiums fire 22570771 345154 97
7 Total premiums other than perpetual 545970 18
9 Gross1 interest on mortgage loans less
63126 accrued interest on bonds ac
quired during 1913 12198 96
10 Gross interest on collateral loans 256 66
11 Gross interest on bonds and dividends on
stocks less 70612 accrued interest on
bonds acquired during 1913 19294 36
12 Gross interest on deposits in trust com
panies and banks 1014 06
16 Gross rents from companys property in
cluding 2500 for companys occupancy
of its own buildings 12310 00
17 Total gross interest and rents 45074 04
18 Prom other sources For new capital and surplus examined
and approved 110950 00
20 Account increase of capital and surplus 43350 01
26 Gross profit on sale or maturity of ledger assets viz
Bonds 350 00
28 Total income 750694 23
mDisbursements
1 Gross amount paid policyholders for losses
including 3762245 occurring in pre
vious years 340616 75
2 Deduct amount received for salvage fire
394565 reinsurance fire 6230328
Discount fire 24370 total 66492 63
3 Net amount paid policyholders for losses 274124 12
4 Expenses of adjustment and settlement of losses 6797 06
5 Commissions or brokerage 130306 10
7 Salaries 2440381 and expenses 2004464 of special and
general agents 44448 45
8 Salaries fees and all other charges of officers directors
trustees and home office employees 27066 98
9 Eents 2500 00
10 Advertising 127261 printing and stationery 464816 5920 77
11 Postage telegrams telephone and express 4123 55COMPTROLLERGrENERALS REPORT
277
12 Legal expenses 5 27
13 Furniture and fixtures 72 28
14 Maps including corrections 1418 85
15 Underwriters boards and tariff associations 3103 09
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 4789 86
17 Inspections and surveys 4000 01
18 Repairs and expenses other than taxes on real estate 4449 04
19 Taxes on real estate 1833 20
20 State taxes on premiums 7052 49
21 Insurance department licenses and fees 5274 79
22 All other licenses fees and taxes Federal corporation tax
24278 personal tax 11681 city licenses 239500 2754 59
24 Miscellaneous expense ice water 149 12
34 Paid stockholders for interest or dividends amount de
clared during the year 31917 30
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 6693 75
41 Total disbursements 568800 67
IVLedger Assets
1 Book value of real estate 132362 00
2 Mortgage loans on real estate 241596 00
4 Book value of bonds 22488863 and
stocks 26898005 493868 68
5 Cash in companys office 14985 00
7 Deposits in trust companies and banks on
interest 58163 68
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 81570 41
9 Agents balances representing business writ
ten prior to Oct 1 1913 412 43
13 Deposit with Philadelphia Underwriters 100 00
16 Total ledger assets 1023058 20
NonLedger Assets
17 Interest accrued on mortgages 1995 87
20 Interest accrued on bonds 2815 10
24 Total 4810 97
26 Market value not including interest in item 18 of bonds
and stocks over book value 19792 32
30 Gross assets 1047661 49278 ComptrolleeGenebals Eepoet
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 412 43
39 One mortgage not considered good 317 00
40 Total 729 43
41 Total admitted assets 1 046 932 06
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 55515 00
4 Total 55515 00
5 Deduct reinsurance due or accrued 11793 82
6 Net amount of unpaid losses and claims 43721 18
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 88818491 unearned prem
iums per recapitulation 480 617 41
1C Dividends declared and unpaid to stockholders 42 97
17 Salaries rents expenses bills accounts fees etc due or
accrued 250 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 2250 00
24 On account of increase in capital 28 600 00
25 On account of increase in surplus 19 750 01
26 Total amount of all liabilities except capital 575231 57
27 Capital actually paid up in cash 300000 00
28 Surplus over all liabilities 171 700 49
29 Surplus1 as regards policyholders 471 700 49
30 Total liabilities 1046932 06
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of Dec as per
line 6 under this heading in last
years statement 73778282 00 939016 06
2 Written or renewed during the year 73040147 00 891125 CoMPTBOLLERGrENERAL S RePOBT
279
3 Excess of original premiums over amount
received for reinsurance
2157 13
4 Total146818429 00 1832298 34
5 Deduct those expired and marked off as
terminated 63173272 00 782278 65
6 In force at the end of the year 83645157 00 1050019 69
7 Deduct amount reinsured 12258228 00 161834 78
8 Net amount in force 71386929 00
1184 91
Business in the State of Georgia During the Year
27 Gross risks written 2783427 00
Less 67681300 risks cancelled and 48847900 reinsur
ance in companies authorized in Georgia
Net risks written 1618135 00
28 Gross premiums on risks written 51076 14
Less 1057891 return premiums and 836605 premiums
for reinsurance in companies authorized in Georgia 18944 96
Net premiums received 32131 18
29 Losses paid deducting salvage 10835 86
Less losses on risks reinsured in companies authorized in
Georgia 2421 87
Net losses paid 8413 99
30 Losses incurred 12826 86
Less losses on risks reinsured in companies authorized in
Georgia 2314 37
Net losses incurred 10512 49
NEW HAMPSHIRE FIRE INSURANCE COMPANY
Frank W Sargeant President Lewis W Crockett Secretary
Home Office 876 Elm Street Manchester N H
ICapital Stock
1 Amount of capital stock
paid up in cash 1350000 00280
ComptrollerGenerals Eeport
2 Amount of ledger assets as per balance
Dee 31 of previous years 5450192 93
4 Extended at 5450192 93
IIIncome
5 Gross premiums 3451241 44
6 Deduct reinsurance premiums fire 644
13689 return premiums fire 38501310 1029149 99
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 226401 accrued interest on
bonds acquired during 1913
16 Gross rents from companys property in
cluding 150000 for companys occu
pancy of its own buildings
5663 25
229 15
248830 03
12182 37
17 Total gross interest and rents
25 Prom agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Real estate
Bonds
Stocks
27 Gross increase by adjustment in book value of ledger assets
viz Stocks
266904 80
81 75
200 00
1373 75
17332 92
161 81
28 Total income 2708146 48
IIIDisbursements
1 Gross amount paid policyholders for losses
including 28505926 occurring in pre
vious years 1663441 07
2 Deduct amount received for Salvage fire
942887 Reinsurance fire 40087811
discount fire 89470 total 411201 68
3 Net amount paid policyholders for losses 1252239 39
4 Expenses of adjustment and settlement of losses 15739 15
5 Commissions or brokerage 522 369 85
6 Allowances to local agencies for miscellaneous agency ex
penses 28979 00
7 Salaries 6232088 and expenses 6834930 of special and
general agents 130670 18ComptrollebGeneeals Eeport 281
8 Salaries fees and all other charges of officers directors
trustees and home office employees 72795 80
9 Rents including 150000 for companys occupancy of its
own buildings 1500 00
10 Advertising 514311 printing and stationery 1547216 20615 27
11 Postage telegrams telephone and express 7635 50
12 Legal expenses 3504 73
13 Furniture and fixtures 1105 47
14 Maps including corrections 9975 70
15 Underwriters boards and tariff associations 28348 51
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3202 09
17 Inspections and surveys 17079 70
18 Repairs and expenses other than taxes on real estate 5115 83
19 Taxes on real estate 2406 22
20 State taxes on premiums 55345 04
21 Insurance department licenses and fees 10949 64
22 All other licenses fees and taxes Federal corporation tax 3049 46
Municipal taxes and licenses 7587 37
Franchise tax 13500 00
23 Other disbursements Miscellaneous expenses 9979 78
34 Paid stockholders for interest or dividends amount de
clared during the year 13500000 134970 00
38 Agents balances charged off 280 75
39 Gross loss on sale or maturity of ledger assets viz Stocks 176 92
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 3313 75
Stocks 17586 00
41 Total disbursements 2380021 10
rVLedger Assets
1 Book value of real estate 95000 00
2 Mortgage loans on real estate first liens 102950 00
3 Loans secured by pledge of bonds stocks or
other collateral 100000 00
4 Book value of bonds 319514647 and
stocks 151337603 4708522 50
5 Cash in companys office 350 52
6 Deposits in trust companies and banks not
on interest 355329 12
8 Agents balances representing business writ
ten subsequent to October 1 1913 409123 28
9 Agents balances representing business writ
ten prior to Oct 1 1913 7042 89
16 Total ledger assets 5778318 31282 ComptrollerGeneral s Eepoet
NonLedger Assets
17 Interest accrued on mortgages 1452 96
20 Interest accrued on bonds 50 792 43
19 Interest accrued on collateral loans 215 95
21 Total 52461 34
22 Due from Munich Reinsurance Company 251 13
25 Market value of real estate over book value 7 250 00
26 Market value not including interest in item 18 of bonds
and stocks over book value 419 289 00
30 Gross assets 6257569 78
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 7042 89
41 Total admitted assets 6250526 89
VLiabilities
1 Gross losses adjusted and unpaid 56422 08
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 188681 78
3 Gross claims for losses resisted 15 443 00
4 Total 260546 86
5 Deduct reinsurance due or accrued 66 230 38
6 Net amount of unpaid losses and claims 194 316 48
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 470072119 unearned premiums
per recapitulation 2421864 74
10 Total unearned premiums as completed above 2421864 74
16 Dividends declared and unpaid to stockholders 67530 00
17 Salaries rents expenses bills accounts fees etc due or
accrued 15000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 45000 00
21 Reinsurance and return premiums due 53 382 00ComptbolleeGeneeals Report 283
23 All other liabilities viz Eeserve for contingent liabilities 250000 00
25 Sinking fund for office building 150000 00
26 Total amount of all liabilities except capital 3197093 22
27 Capital actually paid up in cash 1350000 00
28 Surplus over all liabilities 1703433 67
29 Surplus as regards polieyholders 3053433 67
30 Total liabilities 6250526 89
VIRisks and Premiums
Fire Risks Premiums thereon
1 In force December 31 1912445938781 00 4808820 32
2 Written or renewed in 1913 314598057 00 3451241 44
3 Excess of original premiums over amount
received for reinsurance 137728 02
4 Totals760536838 00 8397789 78
5 Deduct expirations and cancellations251737513 00 2981119 02
6 In force December 31 1913v508799325 00 5416670 76
7 Deduct amount reinsured 69174678 00 715949 57
8 Net amount in force439624647 00 4700721 19
Business in The State of Georgia During The Year
27 Gross risks written 4938222 00
Less 49874200 risks cancelled and 145620000 reinsur
ance in companies authorized in Georgia 1954942 00
Net risks written 2983280 00
28 Gross premiums on risks written 52967 79
Less 793711 return premiums and 1343924 premiums
for reinsurance in companies authorized in Georgia 21376 35
Net premiums received 31591 44
29 Losses paid deducting salvage 19765 96
Less losses on risks reinsured in companies authorized in
Georgia 8281 17
Net losses paid 11384 79
30 Losses incurred 31905 31
Less losses on risks reinsured in companies authorized in
Georgia 14297 29
Net losses incurred 17608 02284
CompteollebGeneeals Repoet
NIAGARA FIRE INSURANCE COMPANY
Harold Herrick President Geo W Dewey Seeretary
J Hall Miller Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 6708909 30
4 Extended at 7708909 30
HIncome
5 Gross premiums 4820753 18
6 Deduct reinsurance premiums fire 848
80888 marine and inland 29916 re
turn premiums fire 72470309 marine
and inland 510134 total 1578912 47
7 Total premiums other than perpetual 3241840 71
9 Gross interest on mortgage loans 26716 05
11 Gross interest on bonds and dividends on
stocks less 22222 accrued interest on
bonds acquired during 1913 269188 07
12 Gross interest on deposits in trust com
panies and banks 2903 15
14 Prom note 170 00
15 From deposit with Phila Underwriters 3 15
17 Total gross interest and rents
19 From deposit with Brooklyn Trust Co withdrawn Jan 15
1913
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
298980 42
943 05
1094 23
50
28 Total income 3542858 91
IIIDisbursements
1 Gross amount paid policyholderg for losses
including 24940002 occurring in pre
vious years 1913873 59ComptbolleeGeneeals Eepoet
285
2 Deduct amount received for salvage fire
1221823 marine and inland 32500
reinsurance fire 24555635 discount
fire 4275 total
258142 33
3 Net amount paid polieyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 7127175 and expenses 5781364 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 387135 printing and stationery 3304247
11 Postage telegrams telephone and express
12 Legal expenses
13 Furjiiture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections 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
State Licenses
Internal revenue tax
23 Other disbursements Incidentals
25 Commercial reports
26 Exchange
27 Duty
28 Subscriptions papers and periodicals
29 Premium on fidelity bonds
30 Premium on office furniture and fixtures
34 Paid stockholders for interest or dividends amount de
clared during the year
38 Agents balances charged off
1655731 26
40198 80
624189 00
129085 39
200654 47
41144 90
36913 82
23606 17
6037 88
8167 20
21414 66
39880 45
12001 00
21183 10
72506 54
15059 89
2643 01
7896 9
3586 21
2877 86
2450 95
1306 07
3322 34
32 56
2821 72
250 50
322 76
250000 00
175 49
41 Total disbursements 3225460 90
IVLedger Assets
2 Mortgage loans on real estate 563000 00
4 Book value of bonds 184115825 and
stocks 363037 14 5477195 39
5 Cash in companys office 1995 79286 ComptrollerGenerals Eeport
6 Deposits in trust companies and banks not
on interest 168084 46
7 Deposits in trust companies and banks
on interest 235124 71
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 550225 36
9 Agents balances representing business writ
ten prior to Oct 1 1913 30681 60
16 Total ledger assets 7026307 31
NonLedger Assets
17 Interest accrued on mortgages 7644 77
18 Interest accrued on other assets 943 15
20 Interest accrued on bonds 23240 57
21 Deposit with Metropolitan Trust Co 571 23
22 Deposit with New York Trust Co 371 92
24 Total 31828 49
30 Gross assets 7058135 80
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 30681 CO
38 Book value of ledger assets over market
value 110532 39
41 Total admitted assets 6916921 81
VLiabilities
1 Gross losses adjusted and unpaid 1720 85
2 Gross claims for losses in process of ad
justment or in suspense plus 2549300
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 267093 68
3 Gross claims for losses resisted 57 291 53
4 Total 326106 06
5 Deduct reinsurance due or accrued 69 734 52
6 Net amount of unpaid losses and claims 256 371 54
7 Gross premiums less reinsurance received
and receivable upon all unexpired fireComptbollebGenebals Repobt 287
risks 594854206 unearned premiums
per recapitulation 3001353 98i
8 Gross premiums less reinsurance cash and
bills received and receivable upon all
unexpired inland navigation risks 30
14893 unearned premiums fifty per
cent 15074 46
10 Total unearned premiums as computed above 3096428 44
17 Salaries rents expenses bills accounts fees etc due or
accrued 4710 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 50000 00
19 Contingent commissions or other charges due or accrued 6000 00
26 Total amount of all liabilities except capital 3413509 98
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 2503411 83
29 Surplus as regards policyholders 3503411 83
30 Total liabilities 6916921 81
VIRisks and Premiums
Fire Risks Premiums thereon
1 In force on the 31st day of Dec as per
line 6 under this heading in last
years statement 671561702 00 6818051 74
2 Written or renewed during the year444316855 00 4820753 18
3 Excess of original premiums over amount
received for reinsurance 8 339 67
4 Total 1115878557 00 11647144 59
5 Deduct those expired and marked off as
terminated 408711887 00 4505204 29
6 In force at the end of the year707166670 00 7141940 30
7 Deduct amount reinsured 112757468 00 1163249 31
8 Net amount in force594409202 00 5978690 99
Business in the State of Georgia During the Year
27 Gross risks written 3083979 00
Less 66708000 risks cancelled and 2700000 reinsurance
in companies authorized in Georgia 694080 00
Net risks written 2389899 00288 ComptrollerGenerals Eeport
28 Gross premiums on risks written 45416 38
Less 670844 return premiums and 71056 premiums
for reinsurance in companies authorized in Georgia 7419 00
Net premiums received 37997 38
29 Losses paid deducting salvage 26883 84
Less losses on risks reinsured in companies authorized in
Georgia 2868 07
Net losses paid 24015 77
30 Losses incurred 30787 80
Less losses on risks reinsured in companies authorized in
Georgia 2865 42
Net losses incurred 27922 38
NORDDEUTSCHE INSURANCE COMPANY
J H Lenehan United States Manager
W H Rhett Attorney for Service in Georgia
m
ICapital Stock
1 Amount of capital deposited 400000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 877545 80
4 Extended at 877545 80
IIIncome
5 Gross premiums 1417852 71
6 Deduct reinsurance premiums fire 272
42505 marine and inland 2272536
return premiums fire 23712577 marine
and inland 1158807 total 543864 25
7 Total premiums other than perpetual 873988 46
11 Gtoss interest on bonds and dividends on
stocks less 495145 accrued interest on
bonds acquired during 1913 32023 55
12 Gross interest on deposits in trust com
panies and banks 1159 18
ComptrollerGenerals Report
289
13 Gross interest from all other sources Re
insurance Bureau 25 34
15 Philadelphia Underwriters deposit 3 15
17 Total gross interest and rents 33211 22
19 Remittance from home office 594013 44
28 Total income 1501213 12
IIIDisbursements
1 Gross amount paid policyholders for losses
including 2688718 occurring in pre
vious years 606504 12
2 Deduct amount received for Salvage fire
425675 marine and inland 39162
reinsurance fire 14201473 marine and
inland 26087 discount fire 20346 147127 43
3 Net amount paid policyholders for losses 459376 69
4 Expenses of adjustment and settlement of losses 7459 59
5 Commissions or brokerage 193632 97
6 Allowances to local agencies for miscellaneous agency ex
penses 998 58
7 Salaries 1132046 and expenses 1327848 of special and
general agents 24598 94
8 Salaries fees and all other charges of officers directors
trustees and home office employees 40312 14
9 Rents 2625 00
10 Advertising 374801 printing and stationery 759031 11338 32
11 Postage telegrams telephone and express 5275 23
12 Legal expenses 998 94
13 Furniture and fixtures 4399 03
14 Maps including corrections 4588 55
15 Underwriters boards and tariff associations 3836 26
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3732 18
17 Inspections and surveys 4193 94
20 State taxes on premiums 10071 53
21 Insurance department licenses and fees 5611 59
22 All other licenses fees and taxes County and municipal
taxes 2284 17
23 Other disbursements Miscellaneous expenses 3738 68
25 Auditors fees 1302 77
26 Reinsurance premiums unpaid Dec 31 1913 22513 16
34 Remitted to home office 113940 45
38 Agents balances charged off 9 47
41 Total disbursements 926838 18290 ComptrollerGenerals Eeport
IVLedger Assets
4 Book value of bonds 1213900 01
5 Cash in companys office 130 26
6 Deposits in trust companies and banks not
on interest 15710 07
7 Deposits in trust companies and banks on
interest 62459 47
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 154341 00
9 Agents balances representing business writ
ten prior to Oct 1 1913 5099 93
10 Bills receivable taken for marine and
inland risks 280 00
16 Total ledger assets 1451920 74
NonLedger Assets
20 Interest on bonds 16098 73
24 Total 1468019 47
30 Gross assets 1468019 47
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 5099 93
38 Book value of ledger assets over market
value 23520 01
39 Total 28619 94
41 Total admitted assets 1439399 53
VLiabilities
1 Gross losses adjusted and unpaid 14341 41
2 Gross claims for losses in process of ad
justment or in suspense plus 246426
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 90049 23
3 Gross claims for losses resisted 3940 00
4 Total 108330 64
5 Deduct reinsurance due or accrued 18681 6910
17
18
19
30
27
COMPTROLLERGrENERAIiS REPORT 291
Net amount of unpaid losses and claims 89648 95
Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 78037700 unearned premiums per
recapitulation 435643 37
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
6764917 unearned premiums fifty per
cent 33824 58
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 281422 un
earned premiums 100 per cent 2814 22
Total unearned premiums as computed above 472282 17
Salaries rents expenses bills accounts fees etc due or
accrued 200 00
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement i5000 00
Contingent commissions or other charges due or accrued 2500 00
Total liabilities 579631 12
VIRisks and Premiums
Fire Risks Premiums thereon
In force on the 31st day of Dec as per
line 6 under this heading in last
years Statement 57811292 00 616016 81
Written or renewed during the year 93540192 00 1119534 67
Excess of original premiums over amount
received for reinsurance 1230 56
Total 151351484 00 1736782 04
Deduct those expired and marked off as
terminated 59748829 00 673823 84
In force at the end of the year 91602655 00 1062958 20
Deduct amount reinsured 24242607 00 282581 20
Net amount in force 67360048 00 780377 00
Business in the State of Georgia During the Year
Gross risks written 1744606 OQ
Less 29469100 risks cancelled and 33357000 reinsur
ance in companies authorized in Georgia 628261 00292 ComptrollerGenerals Report
Net risks written 1116345 00
28 Gross premiums on risks written 32338 02
Less 426588 return premiums and 536449 premiums
for reinsurance in companies authorized in Georgia 9630 37
Net premiums received 22707 65
29 Losses paid deducting salvage 4194 33
Less losses on risks reinsured in companies authorized in
Georgia 507 02
Net losses paid 3687 31
30 Losses incurred 4502 87
Less losses on risks reinsured in companies authorized in
Georgia 507 02
Net losses incurred 3995 85
TJ S BRANCH NORTH BRITISH MERCANTILE FIRE INS CO
E G Richards Manager Robert Newbold Secretary
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited with State of New York 200000 00
2 Amount of ledger assets as per balance December 31 of
previous years 9550117 07
LTIncome
3 Gross premiums 7768226 55
4 Deduct reinsurance premiums fire 1260
58248 marine and inland 132159598 2582178 46
7 Total premiums other than perpetual 5186048 09
8 Deposit premiums written on perpetual risks 838 50
11 Gross interest on bonds and dividends on
stocks less 222793 accrued interest on
bonds acquired during 1913 330085 07
12 Gross interest on deposits in trust com
panies and banks 3552 93
13 Gross interest from all other sources
14 Und Sal Co N Y 10000 Und Sal Co
Chicago 6000 Phil TJnd Assn 315
West Adjst Insp Co 1200 Mil Und
Bldg Assn 2534 total 200 49CompteollebGeneeals Bepobt 293
17 Total gross interest and rents
26 From agents balances previously charged off
27 Gross profit on sale or maturity of ledger assets viz
Bonds
Stocks
333838 49
24 29
1318 08
1771 19
29 Total income 5523838 64
mDisbursements
1 Gross amount paid policyholders for losses 3007488 19
2 Deduct amount received for salvage fire
1912131 reinsurance fire 45645000 475571 31
3 Net amount paid policyholders for losses 2531916 88
4 Expenses of adjustment and settlement of losses 47644 73
5 Commissions or brokerage 1161360 45
6 Allowances to local agencies for miscellaneous agency ex
penses 22935 86
7 Salaries 13014677 and expenses 9875885 of special
and general agents 228905 62
8 Salaries fees and all other charges of officers directors
trustees and home office employees 305697 68
9 Rents 30966 91
10 Advertising 387455 printing and stationery 3209423 35968 78
11 Postage telegrams telephone and express 31165 28
12 Legal expenses 3927 94
13 Furniture and fixtures 7 293 09
14 Maps including corrections 20549 36
15 Underwriters boards and tariff associations 85820 42
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 52652 94
17 Inspections and surveys 18714 16
20 State taxes on premiums 84168 94
21 Insurance department licenses and fees 18586 26
22 All other licenses fees and taxes Federal corporation tax 8357 38
Fire marshal 495836 municipal 1109415 16052 51
Commercial reports subscriptions 2925 25
27 Remittance to home office 732244 46
33 Deposit premiums returned 774 50
38 Agents balances charged off 645 67
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 1771 19
41 Total disbursements 5451046 26
IVLedger Assets
4 Book value of bonds 717231873 and
stocks 130536581 8477684 54294 CompteollebGeneeals Bepoet
5 Cash in companys office 500 00
7 Deposits in trust companies and banks on
interest 268066 61
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 825752 87
9 Agents balances representing business writ
ten prior to Oct 1 1913 43842 93
11 Bills receivable taken for fire risks 834 66
12 Other ledger assets viz Due from other Ins
Cos on losses paid 3246 84
13 Mil Und Bldg Assn 18100 Und Slvg
Co N Y 100000 Und Salvg Co
Chicago 100000 Assn Fire Und Bait
Md 10000 Phila Und Assn 10000
So Adjst Bureau 40000 Western Adj
and Inspection Bureau 20000 2981 00
16 Total ledger assets 9622909 45
NonLedger Assets
18 Interest on bonds 95401 24
24 Total 95401 24
30 Gross assets 9718310 69
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 43842 93
38 Book value of ledger assets over market
value 887166 54
39 Due from other Ins Co s unadmitted 94 75
40 Total 931104 22
41 Total admitted assets 8787206 47
VLiabilities
1 Gross losses adjusted and unpaid due 91
23042 not yet due 253500 93765 42
2 Gross claims for losses in process of adjust
ment or in suspense plus 761352
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 440405 33
3 Gross claims for losses resisted 44345 50
4 Total 578516 25ComptrollerGenerals Report 295
5 Deduct reinsurance due or accrued 120650 00
6 Net amount of unpaid losses and claims 457866 25
7 Gross premiums less reinsurance received and receiv
able upon all unexpired fire risks 9442672 73
10 Total unearned premiums as computed above 4811859 18
11 Amount reclaimed by the insured on perpetual fire insur
ance policies being 95 per cent of the premium or de
posit received 38015 12
17 Salaries rents expenses bills accounts fees etc due or
accrued 16500 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 82750 00
26 Total amount of all liabilities except capital 5406990 55
27 Deposit capital actually paid up in cash in
N Y State 200000 00
28 Surplus over all liabilities 3380215 92
29 Surplus as regards policyholdeTS 3380215 92
30 Total liabilities 8787206 47
VIBisks and Premiums
Fire Eisks Premiums thereon
1 In force on the 31st day of Dec as per
line 6 under this heading in last
years statement 1161651703 10512159 78
2 Written or renewed during the year 869858445 7768226 55
4 Total 2031510148 18280386 33
5 Deduct those expired and marked off as
terminated 810546240 7259853 84
6 In force at the end of the year 1220963908 11020532 49
7 Deduct amount reinsured 234633891 1577859 76
8 Net amount in force 986330017 9442672 73
9 Perpetual risks not included above 1342420 deposit
premiums on same 4001 o 91
Business in the State of Georgia During the Year
27 Gross risks written 10716873 00
Less 105353500 risks cancelled and 71641000 reinsur
ance in companies authorized in Georgia 1769945 00
Net risks written 8946928 00296 ComptbollebGtenebals Eepoet
28 Gross premiums on risks written 3 116135 S5
Less 1791010 return premiums and 819185 premiums
foT reinsurance in companies authorized in Georgia 26101 95
Net premiums received 90033 90
29 Losses paid deducting salvage 41100 80
Net losses paid 38092 58
30 Losses incurred 43802 10
Net losses incurred 39289 88
THE NORTHERN ASSURANCE COMPANY LIMITED
Geo W Babb Attorney for Service in Georgia
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in statutory deposit 200000 00
2 Amount of ledger assets as per balance December 31 of
previous years 5381633 23
IIIncome
3 Gross premiums 4617402 36
4 Deduct reinsurance premiums fire 1095
24178 return premiums 79136767 1886609 45
7 Total premiums other than perpetual 2730792 91
11 Gross interest on bonds and dividends on
stocks less 8125 accrued interest on
bonds acquired during 1913 177631 39
12 Gross interest on deposits in trust com
panies and banks 4639 71
16 Gross rents from companys property 8000 04
17 Total gross interest and Tents 190271 14
24 Remittance from home office 209816 50
26 From agents balances previously charged off 14 31
27 Gross profit on sale or maturity of ledger assets viz
Bonds 7781 25
29 Total income 3138676 11ComptrollerGenerals Report
297
IIIDisbursements
1 Gross amount paid policy holders for losses
including 357166 64 occurring in pre
vious years 2037487 28
2 Deduct amount received for salvage fire
1571866 reinsurance fire 53107658
discount fire 52660 total 547321 84
3 Net amount paid policyholders for losses 1490 165 44
4 Expenses of adjustment and settlement of losses 35453 05
5 Commissions or brokerage 444 170 16
7 Salaries 7161729 and expenses 6085688 of special
and general agents 132 474 17
8 Salaries fees and all other charges of officers directors
trustees and home office employees 226688 58
9 Ee11 27019 62
10 Advertising 1083281 printing and stationery 2493211 35764 92
11 Postage telegrams telephone and express 20505 05
12 Legal expenses 2242 68
13 Furniture and fixtures 5 833 59
14 Maps including corrections 10 310 80
15 Underwriters boards and tariff associations 52 011 18
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 27 378 91
17 Inspections and surveys 17 021 72
20 State taxes on premiums 64 270 89
21 Insurance department licenses and fees 16825 68
22 All other licenses fees and taxes Federal corporation tax 6638 47
County and Municipal taxes etc 11390 14
23 Other disbursements Books newspapers and Periodicals 1111 16
25 Cleaning heating and lighting 1 450 65
26 Collection and exchange fees 3 692 81
27 Traveling 6197 19
28 Miscellaneous 5 Igg gi
38 Agents balances charged off 540 28
38Remitted to home office 495 494 77
39 Gross loss on sale or maturity of ledger assets viz Bonds 170 00
41 Total disbursements 3140011 72
IVLedger Assets
1 Book value of real estate 115000 00
4 Book value of bonds 416939171 and
stocks 29426590 4463657 61
5 Cash in companys office 271 70
6 Deposits in trust companies and banks not
on interest 4699 85298
ComptrollerGenerals Eeport
7 Deposits in trust companies and banks on
interest 280630 95
8 Agents balances representing business writ
ten subsequent to October 1 1913 489861 00
9 Agents balances representing business writ
ten prior to Oct 1 1913 15294 64
11 Bills receivable taken for fire risks 10881 87
16 Total ledger assets 5380297 62
NonLedger Assets
18 Interest due 2266750 and accrued 27
21341 on bonds 49880 91
25 Market value of real estate over book value 75000 00
27 Other nonledger assets viz Due from other
companies for reinsurance on losses al
ready paid First Eussian Ins Com
pany St Petersburg Russia 1237832
Insurance Company Salamandra St
Petersburg Russia 1309542 total 25473 74
29 Earned profit commission due from twenty
reinsurance admitted companies 16597 29
30 Gross assets 5547249 56
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 15294 64
35 Bills receivable past due taken for marine
inland and fire risks 10881 87
38 Book value of ledger assets over market
value 383222 61
40 Total 409399 12
41 Total admitted assets 5137850 44
VLiabilities
1 Gross losses adjusted and unpaid 30505 24
2 Gross claims for losses in process of adjust
ment or in suspense plus 836498
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 211619 47
3 Gross claims for losses resisted 77577 50CompteolleeGeneeals Bepoex 299
4 Total 319702 21
5 Deduct reinsurance due or accrued 88941 33
6 Net amount of unpaid losses and claims 230760 88
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 529328055 unearned premiums
per recapitulation 2711632 43
10 Total unearned premiums as computed above 2711632 43
17 Salaries rents expenses bills accounts fees etc due or
accrued 7643 18
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 76 491 51
19 Contingent commissions or other charges due or accrued 15568 07
26 Total amount of all liabilities except capital 3042096 07
27 Deposit capital actually paid up in cash
none in the United States statutory de
posit 200000 00
28 Surplus over all liabilities 1895754 37
29 Surplus as regards policyholders 2095754 37
30 Total liabilities 5137850 44
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 633035519 6612077 21
2 Written or renewed during the year454755913 00 4617402 36
3 Excess of original premiums over amount
received for reinsurance 1317 07
4 Total 1087791432 11230796 64
5 Deduct those expired and marked off as
terminated 423533058 4449026 45
6 In force at the end of the year 664258374 6781770 19
7 Deduct amount reinsured 150166853 1488489 64
8 Net amount in force 514091521 5293280 55300 ComptrollerGenerals Report
Business in the State of Georgia During the Year
27 Gross risks written 6312811 00
Less 103609300 risks cancelled and 75011200 reinsur
ance in companies authorized in Georgia 1786205 00
Net risks written 4526606 00
28 Gross premiums on risks written 72844 75
Less 812143 return premiums and 340757 premiums
for reinsurance in companies authorized in Georgia 11529 00
Net premiums received 61315 75
29 Losses paid deducting salvage 23214 55
Less losses on risks reinsured in companies authorized in
Georgia 255 24
Net losses paid 22959 31
30 Losses incurred 24467 85
Less losses on risks reinsured in companies authorized in
Georgia 265 24
Net losses incurred 24202 61
NORTHERN INSURANCE CO OF NEW YORK
William Mason President James Marshall Secretary
Milton Dargan Jr Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 350000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 1314182 68
4 Extended at 1314182 68
IIIncome
5 Gross premiums 1006375 80
6 Deduct reinsurance premiums fire 139
84000 return premiums fire 154
61231 total 294452 31
7 Total premiums other than perpetual 711923 49
9 Gross interest on mortgage loans 5750 00ComptrollerGenerals Beport 301
11 Gross interest on bonds and dividends on
stocks 50782 17
12 Gross interest on deposits in trust com
panies and banks 376 53
17 Total gross interest and rents 56908 70
26 Gross profit on sale or maturity of ledger assets viz
Stocks 137 68
27 Gross increase by adjustment in book value of ledger
assets viz Stocks 9850 00
28 Total income 778819 87
IIIDisbursements
1 Gross1 amount paid policyholders for losses
including 39934 09 occurring in pre
vious years 420266 56
2 Deduct amount received for salvage fire
335657 reinsurance fire 6322519
discount fire 72337 total 67305 13
3 Net amount paid policyholders for losses 352961 43
4 Expenses of adjustment and settlement of losses 8618 59
5 Commissions or brokerage 261759 74
8 Salaries fees and all other charges of officers directors
trustees and home office employees 1440 00
9 Rents 4500 00
15 Underwriters boards and tariff associations 5407 12
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 6782 17
20 State taxes on premiums 14179 91
21 Insurance department licenses and fees 4315 80
22 All other licenses fees and taxes Federal corporation
tax 19 48
City licenses 260 00
23 Other disbursements Agents bonds 363 37
25 Audit 262 50
26 Engrossing deceased directors memorials 125 00
27 Safe deposit rental 55 00
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 10150 00
Stocks 15362 50
41 Total disbursements 707562 61302 CompteolleeGeneeals Eepoet
IVLedger Assets
2 Mortgage loans on real estate 128000 00
4 Book value of bonds 40428000 and
stocks 68647500 1090755 00
5 Cash in companys office 39 98
6 Deposits in trust companies and banks not
on interest 20257 05
7 Deposits in trust companies and banks on
interest 48513 83
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 97098 83
9 Agents balances representing business writ
ten prior to Oct 1 1913 775 25
16 Total ledger assets 1385439 94
NonLedger Assets
17 Interest accrued on mortgages 1728 75
20 Interest accrued on bonds 4454 12
28 Reinsurance on losses paid Connecticut Ins
Co 400 00
30 Gross assets 1392022 81
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 775 25
38 Book value of ledger assets over market
value 52950 00
41 Total admitted assets 1338297 56
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 390230
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 51137 14
3 Gross claims for losses resisted 3500 00
4 Total 54637 14
5 Deduct reinsurance due or accrued 10375 94
6 Net amount of unpaid losses and claims 44261 2026 Total amount of all liabilities except capital
27 Capital actually paid up in cash
28 Surplus over all liabilities
350000 00
261984 43
29 Surplus as regards polieyholders
303
CompteolleeGenebals Repobt
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 126504146 unearned premiums
per recapitulation 667051 93
10 Total unearned premiums as computed above 667051 93
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 15000 00
726313 13
611984 43
30 Total liabilities 1338297 56
VIEisks and Premiums
Eire Eisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 140726359 00 1343783 46
2 Written or renewed during the year 101056758 00 1006375 80
4 Total241783117 00 2350159 26
5 Deduct those expired and marked off as
terminated 87891749 00 890166 80
6 In force at the end of the year153891368 00 1459992 46
7 Deduct amount reinsured 20480629 00 194951 00
8 Net amount in force 133410739 00 1265041 46
Businesss in the State of Georgia During the Year
27 Gross risks written 587263 00
Less 12452500 risks cancelled and 2566700 reinsur
ance in companies authorized in Georgia 150192 00
Net risks written 437071 00
28 Gross premiums on risks written 8087 33
Less 135851 return premiums and 28888 premiums for
reinsurance in companies authorized in Georgia 1647 39
Net premiums received
6439 94S04c ComptrollerGenerals Report
29 Losses paid deducting salvage 2767 98
Less losses on risks reinsured in companies authorized in
Georgia 30 54
Net losses paid 2737 44
30 Losses incurred 3767 98
Less losses on Tisks reinsured in companies authorized in
Georgia 30 54
Net losses incurred 3737 44
THE NORTH RIVER INSURANCE COMPANY
Wm E Hutchins President F H Crum Secretary
93 95 97 Williams St New York City N Y
Jas L Riley Atlanta Ga Attorney for Service iu Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 350000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 2446424 62
3 Increase of paid up capital during the year 150000 00
3 Surplus paid in during year 1913 75000 00
4 Extended at 2671424 62
IIIncome
5 Gross premiums 3293470 87
6 Deduct reinsurance premiums fire 995
14326 return premiums fire 657
55739 total 1652700 65
7 Total premiums other than perpetual 1740770 22
9 Gross interest on mortgage loans 20473 66
10 Gross interest on collateral loans 1024 09
11 Gross interest on bonds and dividends on
stocks less 616021 accrued interest on
bonds acquired during 1913 62411 95
12 Gross interest on deposits in trust com
panies and banks 6319 62
17 Total gross interest and rents 90229 32
28 Total income 1730999 54ComptrollerGeneral s Eeport
305
IIIDisbursements
1 Gross amount paid policyholders for losses
including 18646835 occurring in pre
vious years 1371994 35
2 Deduct amount received for salvage fire
2066370 reinsurance fire 49280724
discount fire 172472 total 515195 66
3 Net amount paid policyholders for losses 856798 69
4 Expenses of adjustment and settlement of losses 31309 30
5 Commissions or brokerage 378519 64
7 Salaries 2599141 and expenses 3125540 of special and
general agents 57246 81
8 Salaries fees and all other charges of officers directors
trustees and home office employees 135787 83
9 Rents 15000 00
10 Advertising 286214 printing and stationery 1089673 13758 87
11 Postage telegrams telephone and express 5959 98
12 Legal expenses 1968 27
14 Maps including corrections 3838 71
15 Underwriters boards and tariff associations 20230 81
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 8901 26
17 Inspections and surveys 7104 80
20 State taxes on premiums 31087 39
21 Insurance department licenses and fees 7494 70
22 All other licenses fees and taxes Federal corporation tax 252 52
Municipal taxes required in various states 5035 83
23 Other disbursements Premiums on Surety Bonds 322 61
25 Carfare 171 72
26 Ice and water 131 43
27 Towels soap 295 60
34 Paid stockholders for interest or dividends amount de
clared during the year 35000000 350000 00
39 Gross loss on sale or maturity of ledger assets viz Bonds 8660 16
Stocks 26012 47
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 203 34
41 Total disbursements 1651547 74
IVLedger Assets
2 Mortgage loans on real estate 212100 00
3 Loans secured by pledge of bonds stocks or
other collateral 8690 00
4 Book value of bonds 62630937 and
stocks 119726573 1823575 10306 ComptrollerGenerals Eeport
7 Deposits in trust companies and banks on
interest 392120 75
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 314390 57
16 Total ledger assets 2750876 42
NonLedger Assets
17 Interest accrued on mortgages 3393 12
20 Interest accrued on bonds 9660 81
19 Interest accrued on collateral loans 115 86
21 Interest on cash payment of 2000 00
first installment on 80 shrs Delaware L
W R R Co stock 60 39
24 Total 13230 18
30 Gross assets 2764106 60
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 30998 45
41 Total admitted assets 2733108 15
VLiabilities
1 Gross losses adjusted and unpaid 3996459
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 223477 41
3 Gross claims for losses resisted 35588 00
4 Total 299030 00
5 Deduct reinsurance due or accrued 127243 81
6 Net amount of unpaid losses and claims 171786 19
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 274677643 unearned premiums
per recapitulation 1424661 35
10 Total unearned premiums as computed above 1424661 35
16 Dividends declared and unpaid to stockholders 2152 75CompteollebGenebals Report 307
17 Salaries rents expenses bills accounts fees etc due or
accrued 2000 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 25000 00
26 Total amount of all liabilities except capital 1625600 29
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 607507 86
29 Surplus as regards policyholders 1107507 86
30 Total liabilities 2733108 15
VIBisks 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 375199845 00 3956823 36
2 Written or renewed during the year 334328586 00 3293470 87
3 Excess of original premiums over amount
received for reinsurance 175589 05
4 Total 709528431 00 7425883 28
5 Deduct those expired and marked off as
terminated 313210779 00 3345751 30
6 In force at the end of the year396317652 00 4080131 98
7 Deduct amount reinsured 129509253 00 1333355 55
8 Net amount in force266808399 00 2746776 43
Business in the State of Georgia During the Tear
27 Gross risks written 4176623 00
Less 1725082 risks cancelled and 62384700 reinsur
ance in companies authorized in Georgia 2348929 00
Net risks written 1827694 00
28 Gross premiums on risks written 52144 43
Less 1332021 return premiums and 839791 premiums
for reinsurance in companies authorized in Georgia 21718 12
Net premiums received 30426 31308 ComptrollerGenerals Report
29 Losses paid deducting salvage 35586 31
Less losses on risks reinsured in companies authorized in
Georgia 7077 58
Net losses paid 28508 73
30 Losses incurred 55698 31
Less losses on risks reinsured in companies authorized in
Georgia 24573 66
Net losses incurred 31124 65
NORTHWESTERN NATIONAL FIRE INSURANCE COMPANY
Wilford M Patton President Joseph Huebl Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 6742819 27
4 Extended at 6742819 27
HIncome
5 Gross premiums 3352841 30
6 Deduct reinsurance premiums fire 315
52643 return premiums fire 323
30641 total 638832 84
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 439183 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Gross interest on branch office bank deposit
15 Gross interest on bills receivable
16 Gross rents from companys property in
cluding 800000 for companys occu
pancy of its own buildings
2714008 46
59229 33
199087 03
3203 27
237 46
506 79
76 31
8321 20
17 Total gross interest and rents 270661 39ComptrollerGenerals Eepobt 309
25 From agents balances previously charged off 10 05
26 Gross profit on sale or maturity of ledger assets viz
Real estate 774 77
27 Gross increase by adjustment in book value of ledger
assets viz Real estate 8000 00
28 Total income 2993454 67
IIIDisbursements
1 Gross amount paid policyholders for losses
including 11981553 occurring in pre
vious years 1347289 55
2 Deduct amount received for salvage fire
540750 marine and inland 121528
reinsurance fire 10966361 discount
fire 5745 total 116343 84
10
11
12
13
14
15
16
17
18
19
20
21
22
23
25
26
27
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency ex
penses
Salaries 6004160 and expenses 19138162 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 800000 for companys occupancy of its
own buildings
Advertising 124635 printing and stationery 1949741
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assessments
fees taxes and expenses
Inspections and surveys
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation tax
Miscellaneous municipal and county taxes and licenses
Other disbursements Subscriptions and publications
Bradstreet Co
Typewriters Dictaphones and repairs
Premiums of Fidelity and State Bonds
230945 71
41042 96
676049 81
7093 76
251423 22
105323 02
8000 00
20743 76
23613 73
912 61
3034 78
4060 05
12017 94
15525 87
287 50
4588 95
4102 65
70585 21
18461 07
3899 52
6224 OS
359 93
175 50
1330 4
721 53
310 ComptrollekGenekals Beport
28 Western Insurance Bureau 1149 57
29 Underwriters Protective Association 265 00
30 Merchants and Manufacturers Association 25 00
31 National Board of Fire Underwriters 2084 26
32 Miscellaneous expenses 913 90
34 Paid stockholders for interest or dividends amount de
clared during the year 150000 00
38 Agents balances charged off 186 79
29 Gross loss on sale or maturity of ledger assets viz
Bonds 128 34
41 Total disbursements 2666864 72
IVLedger Assets
1 Book value of real estate 178000 00
2 Mortgage loans on real estate 1280900 00
4 Book value of bonds 4986462 82
5 Cash in companys office 42980 59
7 Deposits in trust companies and banks on
interest 242542 51
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 331652 26
9 Agents balances representing business
written prior to Oct 1 1913 6055 31
11 Bills receivable taken for fire risks 815 73
16 Total ledger assets 7069409 22
NonLedger Assets
17 Interest accrued on mortgages 10178 33
20 Interest accrued on bonds 22120 67
24 Total 32299 00
30 Gross assets 7101708 22
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 6055 31
35 Bills receivable past due taken for marine
inland and fire risks 815 73
38 Book value of ledger assets over market
value 450069 67
40 Total 456940 71
41 Total admitted assets 6644767 51CompteollebGenebals Eepoet
311
VLiabilities
1 Gross losses adjusted and unpaid 60681 62
2 Gross claims for losses in process of ad
justment or in suspense plus 472680
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 103145 27
3 Gross claims for losses resisted 21625 00
4 Total
5 Deduct reinsurance due or accrued
185451 89
24752 92
6 Net amount of unpaid losses and claims 160698 97
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 6396626 70 unearned premiums
per recapitulation 3309898 74
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
19 Contingent commissions or other charges due or accrued
23 All other liabilities viz Conflagration reserve
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 1550411 16
3309898 74
2192 64
100000 00
21566 00
500000 00
4094356 35
29 Surplus as regards policyholders
30 Total liabilities
2550 411 16
6644767 51
VIRisks and Premiums
Fire Eisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 721264454 6447417 12
2 Written or renewed during the year 350432983 3352841 30
4 Total 1071697437 9800258 42
5 Deduct those expired and marked off as
terminated 296215652 2908457 56312 ComptbolleeGenerals Keport
6 In force at the end of the year 775481785 6891800 86
7 Deduct amount reinsured 54484947 495174 16
8 Net amount in force 720996838 6396626 70
NORWICH UNION FIRE INSURANCE SOCIETY LIMITED
OF NORWICH ENGLAND
J Koatgomery Hare and William Hare United States Managers
Aug Wilkerson Atlanta 6a Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous years 2776528 44
IIIncome
3 Gross premiums 2812909 11
4 Deduct reinsurance premiums fire 724
48340 return premiums 37467965 1099163 05
7 Total premiums other than perpetual 1713746 06
11 Gross interest on bonds and dividends on
stocks less 177621 accrued interest on
bonds acquired during 1913 92249 76
12 Gross interest on deposits in trust com
panies and banks 5903 64
14 Dividend on stock of Underwriters Salvage
Co of N Y 100 00
17 Total gross interest and rents 98253 40
24 Remittance from home office 279 781 83
29 Total income 2091781 29
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 10513139 occurring in pre
vious years marine and inland 6797 1265793 64
2 Deduct amount received for salvage fire
1111563 reinsurance fire 34519206 909553 92
3 Net amount paid polieyholders for losses 909553 92
4 Expenses of adjustment and settlement of losses 20998 47ComptrollerGenerals Beport
313
9
10
11
12
13
14
15
16
17
20
21
22
23
25
26
27
28
29
30
81
38
39
Commissions or brokerage 308973 29
Allowances to local agencies for miscellaneous agency ex
penses 720 83
Salaries 5318033 and expenses 4405611 of special and
general agents 97236 44
Salaries fees and all other charges of officers directors
trustees and home office employees 133371 35
Rents 16169 70
Advertising 274242 printing and stationery 1411742 16859 84
Postage telegrams telephone and express 12745 10
Legal expenses 747 91
Furniture and fixtures 3851 18
Maps including corrections 5935 64
Underwriters boards and tariff associations 28249 20
Fire department fire patrol and salvage corps assessments
fees taxes and expenses 16660 20
Inspections and surveys 6759 46
State taxes on premiums 40407 14
Insurance department licenses and fees 14744 22
All other licenses fees and taxes Federal corporation tax 2166 27
Tax on deposit Va 16 50
City and County taxes 668 70
City and county licenses 5503 02
Other disbursements Subscriptions to directories insur
ance and other publications 974 15
Light water ice towels and petty supplies 804 81
Rent of safe deposit vaults and premiums on bonds 445 95
Library bureau for statistical tabulation 3849 29
Miscellaneous disbursements 1204 98
Auditors fees and credit reports 2537 50
Remitted to home office 106250 54
Payment on acct of interest on bonded indebtedness 9100 00
Agents balances charged off 203 33
Gross loss on sale or maturity of ledger assets viz
Bonds 682 55
41 Total disbursements 1768391 48
IVLedger Assets
4 Book value of bonds 202229332 and
stocks 48589176 2508185 08
5 Cash in companys branch office 481 38
6 Deposit in trust companies and banks not
on interest 3260 71
7 Deposits in trust companies and banks on
interest 281373 06
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 294819 80314 ComptrollerGenerals Report
9 Agents balances representing business writ
ten prior to Oct 1 1913 8548 20
11 Bills receivable taken for fire risks 1926 63
13 Balances in hands of special agents 1323 39
16 Total ledger assets 3099918 25
NonLedger Assets
18 Interest due 1371000 and accrued 12
56374 on bonds 26273 74
24 Total 26273 74
30 Gross assets 3126191 99
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 8548 20
35 Bills receivable past due taken for marine
inland and fire risks 1926 63
38 Book value of ledger assets over market
value 100671 08
39 Balances in hands of special agents 1323 39
41 Total admitted assets 3013722 69
VLiabilities
1 Gross losses adjusted and unpaid due 30
75103 not yet due 965019 40401 22
2 Gross claims for losses in process of ad
justment or in suspense plus 1210731
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 114829 42
3 Gross claims for losses resisted 28327 75
4 Total 183558 39
5 Deduct reinsurance due or accrued 54023 15
6 Net amount of unpaid losses and claims 129535 24
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 319566813 unearned premiums
per recapitulation 1652146 62
10 Total unearned premiums as computed above 1652146 62ComptrollerGenerals Beport 315
17 Salaries rents expenses bills accounts fees etc due or
accrued 7128 72
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 41000 00
19 Contingent commissions or other charges due or accrued 7029 62
26 Total amount of all liabilities except capital 1836840 20
28 Surplus over all liabilities 1176882 49
30 Total liabilities 3013722 69
VIBisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line under this heading in last
years statement 382899310 3943186 37
2 Written or renewed during the year 270852405 2812909 11
3 Excess of original premiums over amount
received for reinsurance 934 92
4 Total 653751715 00 6757030 40
5 Deduct those expired and marked off as
terminated 246092576 00 2638120 75
6 In force at the end of the year407659139 00 4118909 65
7 Deduct amount reinsured 96333288 00 923241 52
8 Net amount in force311325851 00 3195668 13
Business in the State of Georgia During the Year
27 Gross risks written 3727510 00
Less 57556800 risks cancelled and 71451400 reinsur
ance in companies authorized in Georgia 1290082 00
Net risks written 2437428 00
28 Gross1 premiums on risks written 33257 43
Less 274074 return premiums and 173840 premiums
for reinsurance in companies authorized in Georgia 4479 14
Net premiums received 28778 31
29 Losses paid deducting salvage 13451 96
Less losses on risks reinsured in companies authorized in
Georgia 18 14
Net losses paid 13433 32
316 ComptrollerGeneral s Report
30 Losses incurred 12697 91
Less losses on risks reinsured in companies authorized in
Georgia 12 49
Net losses incurred 12685 42
ORIENT INSURANCE CO OF HARTFORD CONN
A G Mcllwane Jr President Henry W Gray Jr Secretary
Home Office 20 and 22 Trinity Street Hartford Conn
Wm R Hoyt Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous years 3511077 86
Increase of paid up capital during year
transferred from surplus 500000 00
IIIncome
Fire Marine and Inland
3 Gross premiums 231289400 135748 98
4 Deduct reinsurance prem
iums fire 51078985 ma
rine and inland 998896
return premiums 373
21587 marine and in
land 2690149 884005 72 36890 45
7 Total premiums other
than perpetual 142888828 98858 53 1527746 81
11 Gross interest on bonds and dividends on
stocks less 43256 accrued interest on
bonds acquired during 1913 124410 44
12 Gross interest on deposits in trust com
panies and banks 5988 90
14 On agents balances 22 66
16 Gross rents from companys property in
cluding 455002 for companys occu
pancy of its own buildings 12500 00
17 Total gross interest and rents 142922 00
29 Total income 1670668 81ComptrollerGenerals Keport 317
IIIDisbursements
Fire Marine and Inland
Gross amount paid policy
holders for losses in
cluding 11679718 oc
curring i n previous
years 102597145 52594 84
Deduct amount received
for salvage fire 989991
marine and inland 2
11931 reinsurance fire
23685269 marine and
inland 493938 discount
fire 38717 total 247139 77 7058 69
3 Net amount paid policy
holders for losses 77883168 45536 15 824367 83
4 Expenses of adjustment and settlement of losses 24367 21
5 Commissions or brokerage 305578 49
6 Allowances to local agencies for miscellaneous agency ex
penses 1076 28
7 Salaries 3079004 and expenses 2644762 of special and
general agents 57237 66
8 Salaries fees and all other charges of officers directors
trustees and home office employees 67138 81
9 Eents including 455002 for companys occupancy of its
own buildings 9195 56
10 Advertising 448609 printing and stationery 1382432 18310 41
11 Postage telegrams telephone and express 9969 55
12 Legal expenses 196 95
13 Furniture and fixtures 1651 37
14 Maps including corrections 3871 68
15 Underwriters boards and tariff associations 18437 78
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 17192 11
17 Inspections and surveys 8631 49
18 Repairs and expenses other than taxes on real estate 3008 88
19 Taxes on real estate 3827 00
20 State taxes on premiums 28149 21
21 Insurance department licenses and fees 10859 54
22 All other licenses fees and taxes Federal corporation tax 1818 37
Municipal licenses and taxes 5828 85
Franchise tax 12556 50
24 Exchange 951 85
25 Subscriptions 864 42
26 Expenses in connection with increase in capital 501 00
27 Miscellaneous expenses 5554 45318 ComptrollerGenerals Report
28 Transferred from surplus to capital 500000 00
38 Agents balances charged off 241 11
41 Total disbursements 1941384 36
IVLedger Assets
1 Book value of real estate 167686 38
4 Book value of bonds 280927344 and
stocks 8826260 2897536 04
5 Cash in companys office 2474 31
7 Deposits in trust companies and banks on
interest 374241 83
8 Agents balances representing business writ
ten subsequent to October 1 1913 281523 71
9 Agents balances representing business writ
ten prior to Oct 1 1913 16809 51
11 Bills receivable taken for fire risks 39 00
12 Other ledger assets Balances due from
companies 51 53
16 Total ledger assets 3740362 31
NonLedger Assets
18 Interest due 1997750 and accrued 17
21498 on bonds 37192 48
20 Interest due on other assets Bank deposits 93575
24 Total 38128 23
30 Gross assets 3778490 54
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 16809 51
38 Book value of ledger assets over market
value viz Bonds and stock 274141 04
39 Balances due from companies 51 53
40 Total 291002 08
41 Total admitted assets 3487488 46
VLiabilities
1 Gross losses adjusted and unpaid due 16
76800 not yet due 42000 17188 00ComptrollerGenerals Report 319
2 Gross claims for losses in process of ad
justment or in suspense plus 326300
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 111133 93
3 Gross claims for losses resisted 17645 00
4 Total 145966 93
5 Deduct reinsurance due or accrued 41704 27
6 Net amount of unpaid losses and claims 104262 66
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 1437361 15
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks 46805 12
10 Total unearned premiums as computed above 1484166 27
17 Salaries rents expenses bills accounts fees etc due or
accrued 870 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 32155 00
19 Contingent commissions or other charges due or accrued 4300 00
23 All other liabilities viz Balances due other companies 256 90
26 Total amount of all liabilities except capital 1626010 83
27 Deposit capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 861477 63
29 Surplus as regards policyholders 1861477 63
30 Total liabilities 3487488 46
VIBisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 322632148 00 3283657 67
2 Written or renewed during the year 223453006 00 2312894 00
4 Total 546085154 00 5596551 67
5 Deduct those expired and marked off as
terminated 204311852 00 2138851 67320 ComptrollerGenerals Eeport
6 In force at the end of the year341773302 00 3457700 00
7 Deduct amount reinsured 67445262 00 688402 68
8 Net amount in force 274328040 00 2769297 32
Business in the State of Georgia During the Year
27 Gross risks written 2361420 00
Lesd 56666200 risks cancelled and 23147 reinsurance
in companies authorized in Georgia 543515 00
Net risks written 1817905 00
28 Gross premiums on risks written 31979 63
Less 467067 return premiums and 28345 premiums
for reinsurance in companies authorized in Georgia 4954 12
Net premiums received 27025 51
29 Losses paid deducting salvage 9298 30
30 Losses incurred 11368 69
PACIFIC FIRE INSURANCE COMPANY OF NEW YORK N Y
C V Meserole President H Y Stephens Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 400000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 1332971 87
4 Extended at 1332971 87
IIIncome
5 Gross premiums 1087782 67
6 Deduct reinsurance premiums fire 143
49184 return premiums fire 19110504 334596 88
7 Total premiums other than perpetual 753185 79
11 Gross interest on bonds and dividends on
stocks 51667 44
12 Gross interest on deposits in trust com
panies and banks 1030 33
14 Phil Und Deposit 6 30
17 Total gToss interest and rents 52704 07CompteolleeGeneeal s Eepoet
321
19
20
26
27
Principal and interest on 2nd mortgage
Profit on sale of Union Pac rights
67 50
35 00
Gross profit on sale or maturity of ledger assets viz
Stocks 75 00
Gross increase by adjustment in book value of ledger
assets viz Eeal estate 11538 89
28 Total income
817531 25
IIIDisbursements
Gross amount paid policyholders for losses
including 9191009 occurring in pre
vious years 659676 55
Deduct amount received for Salvage fire
853787 reinsurance fire 8182568
discount fire 324550 total 93609 05
3
4
5
7
9
10
11
12
15
20
24
25
26
27
28
34
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 1360168 and expenses 313499 of special and
general agents
Bents
Advertising 40229 printing and stationery 78309
Postage telegrams telephone and express
Legal expenses
Underwriters boards and tariff associations
State taxes on premiums
Int Loans Liberty National Bank
Adjustment Loan B O Subn
Adjustment Loan
Adjustment loan Penn Subn
Int City of Madison Ga Bonds
Paid stockholders for interest or dividends amount de
clared during the year
Gross loss on sale or maturity of ledger assets viz Bonds
566067 50
6680 29
196613 85
16736 67
1185 00
1185 38
103 14
134 08
3723 60
8794 66
738 33
25 41
12 80
1 60
203 75
28000 00
2034 13
39
41 Total disbursements 832240 19
IVLedger Assets
4 Book value of bonds 58020882 and
stocks 57232536 1152534 18
5 Cash in companys office 248 61
6 Deposits in trust companies and banks not
on interest 25265 99
7 Deposits in trust companies and banks on
interest 61097 42
322 ComptrollerGenerals Beport
8 Agents balances representing business writ
ten subsequent to October 1 1913 134116 73
16 Total ledger assets 1318262 93
NonLedger Assets
20 Interest on bonds 5091 83
28 Reins due on losses 3134 86
30 Gross assets 1326489 62
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 68587 18
41 Total admitted assets 1257902 44
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 374200
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 124080 17
3 Gross claims for losses resisted In suit 6509 00
4 Total 130589 17
5 Deduct reinsurance due or accrued 3134 86
6 Net amount of unpaid losses and claims 127454 31
7 Gross premiums less reinsurance received and receiv
able upon all unexpired fire risks 435793 84
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 6000 00
23 All other liabilities viz Due old Greenwich Stockholders 151 85
26 Total amount of all liabilities except capifal 569400 00
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 288502 44
29 Surplus as regards polieyholders 688502 44
30 Total liabilities 1257902 44ComptrollerGenerals Eepoet 323
i
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 53923728 00 654392 77
2 Written or renewed during the year 81715039 00 1087782 67
4 Total 135638767 00 1742175 44
5 Deduct those expired and marked off as
terminated 60221316 00 730808 93
6 In force at the end of year 75417451 00 1011366 51
7 Deduct amount reinsured 15551656 00 176160 16
8 Net amount in force 59865795 00 835206 35
Business in the State of Georgia During the Year
27 Gross risks written 139607 00
28 Gross premiums on risks written 2126 20
30 Losses incurred 722 00
THE PALATINE INSURANCE CO LTD OF LONDON ENGLAND
A H Wray Manager
John A Whitner Attorney for Service in Georgia
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in 200000 00
2 Amount of ledger assets as per balance December 31
of previous years 3326739 33
IIIncome
3 Gross premiums 2879800 63
4 Deduct reinsurance premiums fire 539
71205 return premiums 57222787
total 1111939 92
7 Total premiums other than perpetual 1767860 71
11 Gross interest on bonds and dividends on
stocks less 161805 accrued interest on
bonds acquired during 1913 117551 95324
ComptrollerGenerals Eeport
12 Gross interest on deposits in trust com
panies and banks 4220 71
15 Gross Interest on bills receivable 97 33
17 Total gross interest and rents 121869 99
24 Remittance from home office 8086 35
26 From agents balances previously charged off 10 00
27 Gross profit on sale or maturity of ledger assets viz
Bonds 496 30
Stocks 80 00
29 Total income 1898403 35

IIIDisbursements
1 Gross amount paid policy holders for losses
including 12191365 occurring in pre
vious years 1227474 06
2 Deduct amount received for salvage fire
635852 reinsurance fire 26026874 266627 26
7
10
11
12
13
14
15
16
17
20
21
22
25
27
38
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency ex
penses
Salaries 3105755 and expenses 2278101 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Advertising 98983 printing and stationery 1398190
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assessments
fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation tax
City and county licenses and fees
Franchise tax
Remitted to home office
Exchange
Agents balances charged off
960846 80
29478 79
451149 26
3259 59
53838 56
81022 30
14971 73
9924 10
437 67
906 08
3721 29
21533 07
15388 38
11600 82
32828 70
9113 11
1441 19
6666 34
1406 90
144262 95
1670 51
310 14COMPTKOLLERGrEJSTEEAIiS EePOKT 325
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 5833 50
Stocks 80 0
41 Total disbursements 1873619 09
IVLedger Assets
4 Book value of bonds 241646417 and
stocks 35063020 2767094 37
6 Deposit in trust companies and banks not
on interest 30200 23
7 Deposits in trust companies and banks on
interest 230949 82
8 Agents balances representing business writ
ten subsequent to Oct 1 1913 312933 03
9 Agents balances representing business writ
ten prior to Oct 1 1913 10346 14
16 Total ledger assets 3351523 59
NonLedger Assets
18 Interest accrued on bonds 33280 00
24 Total 33280 00
30 Gross assets 3384803 59
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to Oct 1 1913 10346 14
38 Book value of ledger assets over market
value viz Bond and stocks 174834 37
40 Total 185180 51
41 Total admitted assets 3199623 08
VLiabilities
1 Gross losses adjusted and unpaid 16112 00
2 Gross claims for losses in process of ad
justment or in suspense plus 1113600
reserve for losses incurred prior to Dec326
COMPTROLLERGrENEKALS BePORT
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
145120 00
29433 00
190665 00
25579 00
6 Net amount of unpaid losses and claims 165086 00
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 341863042 unearned premiums
per recapitulation 1782040 07
10 Total unearned premiums as computed above 1782040 07
17 Salaries rents expenses bills accounts fees etc due or
accrued 1500 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 36161 45
19 Contingent commissions or other charges due or accrued 7613 00
26 Total amount of all liabilities except capital 1992400 52
28 Surplus over all liabilities 1207222 56
29 Surplus as regards policyholders 1207222 56
30 Total liabilities 3199623 08
VTBisks and Premiums
Fire Eisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 350687038 00 3848330 52
2 Written or renewed during the year 257752073 00
4 Total608439111 00 6728131 15
5 Deduct those expired and marked off as
terminated 237035216 00 2667377 55
6 In force at the end of the year 371403895 00 4060753 60
7 Deduct amount reinsured 63176902 00 642123 18
8 Net amount in force308226993 00 3418630 42ComptbolleeGtenebals Kepobt
327
THE PENNSYLVANIA TIRE INSURANCE COMPANY
E Dale Benson President W Gardner Crowell Secretary
ICapital Stock
1 Amount of capital stock paid
up in cash 750000 00
2 Amount of ledger assets as per balance
December 31 of previous years 8067787 19
4 Extended at 8067787 19
IIIncome
5 Gross premiums 4814811 34
6 Deduct reinsurance premiums fire 673
16045 return premiums fire 697
08819 total 1370248 64
7 Total premiums other than perpetual 3444562 50
8 Deposit premiums written on perpetual risks gross 165556 47
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 400064 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust compa
nies and banks
13 Gross interest from all other sources
16 Gross rents from companys property in
cluding 8000 for companys occupancy
of its own buildings
9274 92
11598 14
283327 78
4142 85
45 35
8285 00
17 Total gross interest and rents
18 From other sources Transfers
316674 06
289 00
28 Total income 3935059 68
IIIDisbursements
1 Gross amount paid policyholders for losses
including 31471825 occurring in pre
vious years 2111193 18
2 Deduct amount received for Salvage fire
1010793 reinsurance fire 182
06688 discount fire 124718 total 193421 99



328
ComptrollerGenerals Beport

3 Net amount paid policyholders for losses 1917771 19
4 Expenses of adjustment and settlement of losses 50865 94
5 Commissions or brokerage 818468 80
7 Salaries 12638507 and expenses 2123538 of special
and general agents 147620 45
8 Salaries fees and all other charges of officers directors
trustees and home office employees 74397 50
9 Rents including 8000 for companys occupancy of its
own buildings 22999 72
10 Advertising 765093 printing and stationery 1971037 27361 30
11 Postage telegrams telephone and express 22979 28
12 Legal expenses 1320 41
13 Furniture and fixtures 568 12
14 Maps including corrections 7892 50
15 Underwriters boards and tariff associations 48108 98
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 2496 99
17 Inspection and surveys 12133 06
18 Repairs and expenses other than taxes on real estate 912 61
19 Taxes on real estate 2444 40
20 State taxes on premiums 73236 42
21 Insurance department licenses and fees 16545 91
22 All other licenses fees and taxes
Federal corporation tax 4826 89
Municipal 8612 17
Capital 6250 76
23 Other disbursements Miscellaneous 7861 31
33 Deposit premiums returned 36406 24
34 Paid stockholders for interest or dividends amount de
clared during the year 225000 225000 00
38 Agents balances charged off 84 03
41 Total disbursements 3537119 98
IVLedger Assets
1 Book value on real estate 189377 07
2 Mortgage loans on real estate 181500 00
3 Loans secured by pledge of bonds stocks or other collat
eral 475384 12
4 Book value of bonds 628780556 and stocks 429
71744 6717523 00
5 Cash in companys office 1094 12
7 Deposits in trust companies and banks on interest 207403 20
8 Agents balances representing business written subsequent
to October 1 1913 665017 41
9 Agents balances representing business written prior to Oc
tober 1 1913 28427 97
16 Total ledger assets 8465726 89COMPTBOLLEEGrENEBALs RePOBT
329
NonLedger Assets
17 Interest due on mortgages
20 Interest due on bonds
19 Interest due on collateral loans
2415 83
87686 31
5698 84
24 Total 95800 98
25 Market value of real estate over book value 8465726 89
27 Other nonledger assets viz Reinsurance perpetual 191200 98
30 Gross assets 8566927 87
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 28427 97
38 Book value of ledger assets over market value 476214 00
39 Eeal estate 50377 07
40 Collateral 8946 62
Total 563965 66
41 Total admitted assets 8002962 21
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of adjust
ment or in suspense plus 5000 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
29857 53
309152 48
23757 96
362767 97
20248 24
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 450437043 unearned premiums
per recapitulation 2295126 29
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks 2
35348787 unearned premiums fifty per
cent 1176743 94
342519 73
10 Total unearned premiums as computed above 3471870 23330 ComptrollerGenerals Eeport
11 Amount reclaimable by the insured on perpetual fire insur
ance policies 1072518 8G
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 40000 00
i
26 Total amount of all liabilities except capital 4926908 82
27 Capital actually paid up in cash 750000 00
28 Surplus over all liabilities 2326053 39
29 Surplus as regards policyholders 3076053 39
30 Total liabilities 8002962 21
PENNSYLVANIA LUMBERMENS FIRE INSURANCE COMPANY
Edward P Henson President Harry Humphreys Secretary
P Wade Vaughan Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year 610058 21
4 Extended at 610058 21
IIIncome
5 Gross premiums 497782 32
6 Deduct return premiums 52465 91
7 Total premiums 445316 41
8 Gross interest on mortgage loans 189 00
10 Gross interest on bonds and dividends on
stocks less 2400 accrued interest on
bonds acquired during 1913 22153 00
11 Gross interest on deposits in trust com
panies and banks 1954 39
16 Total gross interest and rents 24296 39
18 Transfer of balance of Agency profits 7455 85
26 From agents balances previously charged off 12 72
28 Gross increase by adjustment in book value of ledger
assets viz Bonds 50 00
29 Total income 477131 37ComptrollerGenerals Eeport 331
IIIDisbursements
1 Gross amount paid policyholders for losses
including 2350418 occurring in pre
vious years 209392 33
2 Deduct amount received for salvage 2
94668 discount 69888 total 3645 56
3 Net amount paid policynolders for losses 205746 77
4 Expenses of adjustment and settlement of losses 1565 90
5 Inspection charges 26251 23
8 Salaries fees and all other charges of officers directors
trustees and home office employes 30593 50
9 Bents 2768 00
10 Advertising 168517 printing and stationery 217893 3864 10
11 Postage telegrams telephone express and incidentals 4903 19
12 Legal expenses 767 21
13 Furniture and fixtures 449 05
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 509 30
17 Inspections and surveys 9108 17
20 State taxes on premiums 5191 18
21 Insurance department licenses and fees 1412 17
22 All other licenses fees and taxes Federal corporation
tax 1671 71
23 Other disbursements Traveling expenses 2156 02
31 Dividends to policynolders 166107 46
34 Agents balances charged off 266 90
36 Gross decrease by adjustment in book value of ledger
assets viz Bonds 1362000 stocks 15000 total 13770 00
37 Total disbursements 477101 86
IVLedger Assets
2 Mortgage loans on real estate first liens 3500 00
4 Book value of bonds 47962000 and
stocks 205000 481670 00
5 Cash in companys office 396 34
7 Deposits in trust companies and banks on
interest 94716 36
8 Agents balances representing business
written subsequent to Oct 1 1913 25730 11
9 Agents balances representing business
written prior to Oct 1 1913 33 50
11 Other ledger assets viz Office furniture
and fixtures 4041 41
15 Total ledger assets 610087 72
332 ComptrollerGenerals Eeport
NonLedger Assets
16 Interest accrued on mortgages 15 75
17 Interest accrued on bonds 7021 16
23 Total 7036 91
29 Gross assets 617124 63
Deduct Assets Not Admitted
31 Furniture fixtures and safes 4041 41
32 Agents balances representing business
written prior to Oct 1 1913 33 50
38 Total 4074 91
39 Admitted assets 613049 72
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 759 64
3 Gross claims for losses resisted 2171 25
6 Net amount of unpaid losses and claims 2930 89
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 44181666 unearned prem
iums per recapitulation 220908 33
Total 220908 33
10 Salaries rents expenses bills accounts fees etc due or
accrued 99 08
11 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 4533 94
12 Inspection charges due 1822 58
33 Total amount of all liabilities 230294 82
34 Net cash 382754 90
35 Total liabilities and surplus 613049 72
VLBisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 18924111 00 413259 88CompteollebGenebals Report
2 Written or renewed during the year 22837333 00
4 Total 41761444 00
5 Deduct those expired and marked off as
terminated 21312248 00
6 In force at the end of the year 20449196 0O
Business in the State of Georgia During the Year
21 Gross risks written
Less 5525000 risks cancelled
Net risks written
22 Gross premiums on risks written
Less return premiums and dividends
Net premiums received
23 Losses paid deducting salvage
24 Losses incurred
333
497782 32
911042 20
469225 54
441816 66
313320 00
55250 00
258070 00
10270 89
4513 76
5757 13
2184 22
2134 66
PENNSYLVANIA MILLERS FIRE INSURANCE COMPANY
Asher Miner President John Hoffa Secretary
P Wade Vaughan Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year 403084 40
4 Extended at 403084 40
IIIncome
5 Gross premiums 94584 30
6 Deduct return premiums 84225 90
Total premiums 10358 40
Assessments collected 142216 08
7 Total premiums and assessments 152574 48
8 Gross interest on mortgage loans 951 00
10 Gross interest on bonds and dividends on
stocks less 42078 accrued interest
on bonds acquired during 1913 15390 05334
ComptrollerGenerals Report
11 Gross interest on deposits in trust com
panies and banks 615 31
16 Total gross interest and rents 16956 36
29 Total income 572615 24
IIIDisbursements
L Gross amount paid policyholders for losses
including 412909 occurring in pre
vious years 105713 80
2 Deduct amount received for salvage
44389 discount 17419 total 618 08
10
11
12
13
17
20
21
22
23
25
26
27
28
29
Net amount paid policyholders for losses 105095 72
Expenses of adjustment and settlement of losses 765 48
Commissions or brokerage including 31886 on risks of
other companies reinsured 4419 07
Salaries fees and all other charges of officers directors
trustees and home office employees 12970 00
Advertising 83357 printing and stationery 57111 1404 68
Postage telegrams telephone and express 864 84
Legal expenses 344 26
Furniture and fixtures 90 48
Inspections and surveys 9606 27
State taxes on premiums 1233 56
Insurance department licenses and fees 943 72
All other licenses fees and taxes Federal corporation
tax 58020 state tax on investments 17182 752 02
Other disbursements Annual and special meeting expenses 410 80
Auditing 157 00
Mercantile reports 125 00
Premiums on surety bonds 124 00
Sundries 234 29
Premiums on bonds purchased 400 00
37 Total disbursements
140571 19
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
23100 00
368343 50
2757 09
7614 64
26494 73ComptbolleeGenebals Bepoet 335
8 Agents balances representing business
written subsequent to October 1 1913 3713 93
11 Other ledger assets viz Balances advanc
ed Inspectors for expenses 20 16
15 Total ledger assets 432044 05
NonLedger Assets
16 Interest accrued on mortgages 335 50
17 Interest accrued on bonds 3001 34
19 Interest accrued on other assets Wyoming
National Bank Wilkes Barre Pa on
1000000 savings acct 150 00
23 Total 3486 84
26 Other nonledger assets viz Assessments due 929 98
29 Gross assets 436460 87
Deduct Assets Not Admitted
36 Book value of ledger assets over market
value 4040 50
38 Total 4040 50
39 Admitted assets 432420 37
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 3300 00
6 Net amount of unpaid losses and claims 3300 00
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 17199680 unearned
premiums per recapitulation 85998 40
11 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 1200 00
12 Contingent commissions or other charges due or accrued 300 00
33 Total amount of all liabilities 90798 40
34 Surplus 341621 97
35 Total liabilities and surplus 432420 37336 CompteolleeGeneeal s Report
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 0 under this heading in last
years statement 10398203 51 161638 40
2 Written or renewed during the year 5786851 34 94584 30
4 Total 16185054 85 256222 70
5 Deduct those expired and marked off as
terminated 5334617 55 84225 90
6 In force at the end of the year 10850437 30 171996 80
Business in the State of Georgia During the Year
21 Gross risks written 57262 50
Less risks carried 18862 98
Net risks written 38399 52
22 Gross premiums on risks written 2126 03
Net premiums received 1323 99
23 Losses paid deducting salvage 413 68
24 Losses incurred 413 68
PEOPLES NATIONAL FIRE INSURANCE COMPANY
E C Stokes President H T Alley Secretary
Robert N Hughes Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous years 1880997 15
4 Extended at 1880997 15
IIIncome
5 Gross premiums 1202290 97
6 Deduct reinsurance premiums fire 188
95766 return premiums fire 228
30610 total 417263 76
7 Total premiums other than perpetual
785027 21COMPTROLLERGENEKAIiS BePORT
337
8 Deposit premiums written on perpetual
risks gross 510 00
9 Gross interest on mortgage loans less
28950 accrued interest on bonds ac
quired during 1913 29519 00
10 Gross interest on collateral loans 892 54
11 Gross interest on bonds and dividends on
stocks less 4584 accrued interest on
bonds acquired during 1913 47974 01
12 Gross interest on deposits in trust companies
and banks 770 37
13 Gross interest from all other sources
14 Phila Stock Exchange 76559 mortgage
loan not taken 2550 discount prepay
ment bonds 6937 certificate of depos
it 3943 Central Trust and Savings Co
settlement as fiscal agents 6664 Phila
Underwriters Assn 315 total 969 68
16 Gross rents from companys property in
cluding 500000 for companys occupan
cy of its own buildings 12496 82
17 Total gross interest and rents
18 From other sources
19 Borrowed money 40000 00
20 Gain on perpetual policies cancelled 97 94
23 Total
26 Gross profit on sale or maturity of ledger assets viz
Bonds
Stocks
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses
including 7095770 occurring in pre
vious years 634192 62
2 Deduct amount received for Salvage fire
204998 reinsurance fire 14904972
discount fire 49795 total 151597 65
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 440045 and expenses 384343 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
92622 42
40097 94
105 00
1043 75
919406 32
482594 97
12760 27
237383 82
8243 88
48856 85338
CompteolleeGenebals Eepoet
9 Kents including 5000 for companys occupancy of its own
buildings 5625 00
10 Advertising 219046 printing and stationery 565621 7846 67
11 Postage telegrams telephone and express 4218 77
12 Legal expenses 494 10
13 Furniture and fixtures 767 86
14 Maps including corrections 1772 87
15 Underwriters boards and tariff associations 12073 15
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 860 98
17 Inspections and surveys 915 23
18 Eepairs and expenses other than taxes on real estate 7890 10
19 Taxes on real estate 2422 80
20 State taxes on premiums 23072 85
21 Insurance department licenses and fees 12396 97
23 Other disbursements
25 Mortgage 1500 ground rent 43780 1937 80
26 Discounts on advanced payment 200 00
27 Borrowed money returned 40000 interest 53610 40536 10
28 Bond premium 51074 mercantile agency 653 meals to
employees 46127 expense stockholders meeting
3916 total 1664 17
29 Audits 292 safe deposit 250 registering stock 6750
subscription 9000 total 699 50
30 Light and heat 28068 office supplies 27806 moving
furniture 2293 total 581 67
31 Appraisals of building 3000 signs 7085 publications
24130 total 342 15
32 Traveling 248635 sundries 18756 2673 91
33 Deposit premiums returned 1154 50
38 Agents balances charged off 83 67
39 Gross loss on sale or maturity of ledger assets viz Bonds 247 46
41 Total disbursements 920318 07
IVLedger Assets
1 Book value of real estate less 10670416 incumbrances 72399 10
2 Mortgage loans on real estate first liens 530597 50
3 Loans secured by pledge of bonds stocks or other collateral 5600 00
4 Book value of bonds 95713786 and stocks 12935150 1086489 36
5 Cash in companys office 12718 07
6 Deposits in trust companies and banks not on interest 78 74
7 Deposits in trust companies and banks on interest 69087 72
8 Agents balances representing business written subsequent
to October 1 1913 101095 19
9 Agents balances representing business written prior to Oc
tober 1 1913 2019 72
16 Total ledger assets 1880085 40CoMPTROLLERGtENERALS BePORT 339
NonLedger Assets
17 Interest accrued on mortgages 7192 80
20 Interest accrued on bonds 14605 01
19 Interest accrued on collateral loans 126 00
24 Total 21923 81
25 Market value of real estate over book value 20896 74
27 Other nonledger assets viz Joplin and Pittsburg R E
stock schedule X Penna Heating and Light Co St
Lawrence Pulp and Lumber Co 1750 00
30 Gross assets 1924655 95
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 2019 72
38 Book value of ledger assets over market
value 51820 36
40 Total 53840 08
41 Total admitted assets 1 870 815 87
VLiabilities
1 Gross losses adjusted and unpaid 10235 51
2 Gross claims for losses in process of ad
justment or in suspense plus 36955 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 36 322 29
3 Gross claims for losses resisted 10099 00
Total 56656 80
5 Deduct reinsurance due or accrued 15555 57
6 Net amount of unpaid losses and claims 41101 23
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 109301578 unearned pre
miums per recapitulation 575 395 55
11 Amount reclaimable by the insured on perpetual fire insur
ance policies being 90 per cent of the premium or de
posit received 10684 35
15 Interest due or accrued on mortgage 2 250 00
17 Salaries rents expenses bills accounts fees etc due or ac
crued 250 00340
ComptrollerGenerals Beport
18 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 all liabilities except capital 640682 23
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 230133 64
29 Surplus as regards policyholders 1230133 64
30 Total liabilities 1870815 87
VIRisks and Premiums
In force on the 31 day of December as per
line 6 under this heading in last years
statement 149237486 1645960 38
2 Written or renewed during the year 66600313 1202290 97
3 Excess of original premiums over amount
received for reinsurance 1868 55
4 Total 215837799 2850119 90
5 Deduct those expired and marked off as
terminated 76503883 1322767 19
6 In force at the end of the year 139333916 1527352 71
7 Deduct amount reinsured 40459658 434336 93
8 Net amount in force 98874258 1093015 78
9 Perpetual risks not included above 394200 deposit premiums on same
1187147
Businesss in the State of Georgia During the Year
27 Gross risks written 1950838 00
Less 531372 risks cancelled and 480493 reinsurance in
companies authorized in Georgia 1011865 00
Net risks written 938973 00
28 Gross premiums on risks written 26546 67
Less 549417 return premiums and 637316 premiums for
reinsurance in companies authorized in Georgia 11867 33
Nt premiums received 14679 34
29 Losses paid deducting salvage 5249 16
Less losses on risks reinsured in companies authorized in
Georgia 591 72
Net losses paid 4657 44COMPTROLLERGrENEEALS BEPORT 34
30 Losses incurred 6435 64
Less losses on risks reinsured in companies authorized in
Georgia 928 33
Net losses incurred 5507 31
PHENIX FIRE INSURANCE COMPANY
Starkweather Shepley Inc United States Managers
Hon Win A Wright Ins Com Attorney for Service
ICapital Stock
1 Deposit capital pursuant to law deposited
in New York 200000 00
2 Amount of ledger assets as per balance December 31
of previous years 618413 66
IIIncome
3 Gross premiums 634265 71
4 Deduct reinsurance premiums fire 218
03960 return premiums 14503201 363071 61
7 Total premiums other than perpetual 271194 10
11 Gross interest on bonds and dividends on
stocks less 12250 accrued interest on
bonds acquired during 1913 20477 50
12 Gross interest on deposit in trust com
panies and banks 1654 59
14 From National Fire Insurance Co interest
due under reinsurance treaty 287 51
17 Total gross interest and rents 22419 60
29 Total income 293613 70
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1958491 occurring in pre
vious years 200582 00
2 Deduct amount received for salvage fire
440120 reinsurance fire 7664213
discount fire 15325 total 81197 28342
ComptrollerGenerals Beport
10
12
15
16
17
20
21
22
24
25
26
27
28
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries fees and all other charges of officers directors
trustees and home office employees
Advertising 27756 printing and stationery 455
Legal expenses
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 4262 city taxes and licenses 98206 total
Eemittance to home office
Security bonds
Commission on investment purchased
Auditing books
Paid for interest on deposits to Nationale Fire Insurance
Co and LAbeille Fire Ins Co under reinsurance
treaty
41 Total disbursements
IVLedger Assets
4 Book value of bonds 511050 00
7 Deposits in trust companies and banks on
interest 55440 57
8 Agents balances representing business
written subsequent to Oct 1 1913 63152 73
13 Cash deposited with Philadelphia Under
writers Association 100 00
16 Total ledger assets
18 Interest accrued on bonds
6416 66
24 Total
30 Gross assets
119384 72
2042 67
87361 04
194 99
282 11
41 35
1996 41
1797 23
477 87
4244 02
2546 02
1024 68
60000 00
129 07
25 00
112 50
624 38
282284 06
629743 30
6416 66
636159 96
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value
8550 00
40 Total 8550 00
41 Total admitted assets 627609 96
ComptrollerGenerals Report
VLiabilities
343
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 92153
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
10243 97
38890 02
4 Total
5 Deduct reinsurance due or accrued
49133 99
22361 95
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks 19411468 unearned premiums
per recapitulation
194114 68
10 Total unearned premiums as computed above 194114 68
18 Estimated amount hereafter payable for federal state
land other taxes based upon the business of the year
of this statement 5000 00
19 Contingent commissions or other charges due or accrued 20840 40
21 Reinsurance and return premiums due other companies 45701 64
26 Total amount of all liabilities except capital 292428 76
28 Surplus over all liabilities 335181 20
29 Surplus as regards policyholders
30 Total liabilities
Business in The State of Georgia During The Year
27 Gross risks written
Less 3806262 risks cancelled and 8689600 reinsurance
in companies authorized in Georgia
335181 20
627609 96
360972 62
124958 62
Net risks written
28 Gross premiums on risks written
Less 25904 return premiums and 65818 premiums for
reinsurance in companies authorized in Georgia
236014 00
2804 06
917 22
Net premiums received 1886 84
29 Losses paid deducting salvage 1113 93
Less losses on risks reinsured in companies authorized in
Georgia 291 99
Net losses paid
821 94344 ComptrollerGeneral s Report
30 Losses incurred 1120 49
Less losses on risks reinsured in companies authorized in
Georgia 291 99
Net losses incurred 828 50

PHOENIX ASSURANCE CO LTD OF LONDON
Head Office in the United States 100 William Street New York N Y
L P Bayard P Beresford Joint Managers A D Irving Jr Secretary
ICapital Stock
1 Amount of capital deposited 510000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3843718 03
4 Extended at 3843718 03
IIIncome
Fire Marine Inland
5 Gross premiums 4004828 95 471384 02
6 Deduct reinsurance pre
miums fire 104593746
marine and inland 238
60727 return premiums
fire 70673625 marine
and inland 6611113
total 1752673 71 304718 40
7 Total premiums other than
perpetual 2252155 24 166665 62 2418820 86
11 Gross interest on bonds and dividends on
stocks less 142986 accrued interest on
bonds acquired during 1913 121892 88
12 Gross interest on deposits in trust companies
and banks 7472 74
14 Philadelphia Fire Underwriters deposit 6 30
17 Total gross interest and rents
18 From other sources Received from home office
27 Gross increase by adjustment in book value of ledger as
sets viz Bonds
129371 92
21394 38
5350 00
28 Total income 2574937 16ComptrollerGenerals Beport
345

IIIDisbursements
Fire Marine Inland
1 Gross amount paid policy
holders for losses includ
ing 27160803 occurring
in previous years
2 Deduct amount received for
salvage fire 2319584
marine and inland 5
35034 reinsurance fire
54543682 marine and
inland 18454631 dis
count fire 35115 total
1774331 12 228888 14
568983 81
189896 65
9
10
11
12
13
14
15
16
17
20
21
22
Net amount paid policyhold
ers for losses 1205347 31
Expense of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency ex
penses
Salaries 9138424 and expenses 5564883 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents
Advertising 437455 printing and stationery 2756317
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assessments
fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes
Federal corporation tax 414 79
State licenses 1450 00
Local taxes 7222 06
Advertising required by law 1064 37
38991 49 1244388 80
43277 78
436492 66
8365 58
147033 07
148457 82
22863 28
31937 72
26154 84
822 99
9680 31
7778 59
33670 19
28996 08
19605 13
50898 23
9641 15
Total
23 Other disbursements
24 Premiums on bonds required by States
25 Exchange
26 Reinsurance premiums 1912
27 Remitted to Home Office
292 50
2693 88
72716 82
80840 80
10151 22
32 Total
156544 00346 ComptrollerGenerals Beport
38 Agents balances charged off 448 67
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 100005 Off
41 Total disbursements 2537163 11
IVLedger Assets
4 Book value of bonds 299790000 and
stocks 308600 total 3000986 00
5 Cash in companys office 300 97
6 Deposits in trust companies and banks not
on interest 446 03
7 Deposits in trust companies and banks on
interest 324148 82
8 Agents balances representing business writ
ten subsequent to October 1 1913 518107 12
9 Agents balances representing business writ
ten prior to October 1 1933 21466 95
10 Bills receivable taken for marine and in
land risks 1970 75
13 Philadelphia Fire Underwritres Deposit 200 00
14 Furniture Fixtures and Sales 6446 44
15 Maps 7400 00
16 Total ledger assets 3881492 08
NonLedger Assets
18 Interest due 2936875 and accrued 1541835 on bonds 44787 Iff
30 Gross assets 3926279 IS
Deduct Assets Not Admitted
33 Furniture fixtures and safes 6446 44
34 Agents balances representing business writ
ten prior to October 1 1913 21466 95
39 Maps 7400 00
40 Total 35313 39
41 Admitted assets 3890965 79
VLiabilities
1 Gross losses adjusted and unpaid not yet due 10413 00
2 Gross claims for losses in process of adjust
ment or in suspense plus 1782700 reComptrollerGenerals Report 347
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 257862 99
3 Gross claims for losses resisted 19639 00
4 Total 287914 99
5 Deduct reinsurance due or accrued 88408 37
6 Net amount of unpaid losses and claims 199506 62
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 404009897 unearned premiums
per recapitulation 2073817 89
8 Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired inland navigation risks 128
73136 unearned premiums fifty per
cent 64365 68
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 705210 un
earned premiums 7052 10
10 Total unearned premiums as computed above 2145235 67
17 Salaries rents expenses bills accounts fees etc due or
accrued 3500 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 44250 00
19 Contingent commissions or other charges due or accrued 10000 00
26 Total amount of all liabilities except capital 2402492 29
27 Capital deposited 510000 00
28 Surplus over all liabilities 978473 50
29 Surplus as regards policyholders 1488473 50
30 Total liabilities 3890965 79
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 526220187 5253024 63
2 Written or renewed during the year 432887937 4004828 95
3 Excess of original premiums over amount
received for reinsurance 4810 22
4 Total 969108124 9262663 80348 COMPTROLLERGENERALS REPORT
5 Deduct those expired and marked off as
terminated
386199414 3767979 87
6 In force at the end of the year 582908700 5494683 93
7 Deduct amount reinsured 163466611 1454584 86
8 Net amount in force 419442089 4040098 97
Business in The State of Georgia During The Year
27 Gross risks written 6485872 00
Less 1174402 risks cancelled and 1269915 reinsurance in
companies authorized in Georgia 2356789 00
Net risks written 4129083 00
28 Gross premiums on risks written 6871657 00
Less 1207982 return premiums and 740059 premiums
for reinsurance in companies authorized in Georgia 1693709 00
Net premiums received 5177948 00
29 Losses paid deducting salvage 18684 41
Less losses on risks reinsured in companies authorized in
Georgia 4327 79
Net losses paid 14356 62
30 Losses incurred 21562 41
Less losses on risks reinsured in companies authorized in
Georgia 6286 79
PHOENIX FIRE INSURANCE COMPANY
Edw Milligan President J B Knox T C Temple Secretaries
ICapital Stock
1 Amount of capital stock
paid up in cash 3000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 10862554 36
3 Increase of paid up capital during the
year 1000000 00
4 Extended at 11862554 36
HIncome
5 Gross premiums 8166728 69
6 Deduct reinsurance premiums fire 1230ComptrollerGenerals Bepoht
349
57191 return premiums fire 1136
52904 total 1136529 04
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 1148705 accrued interest
on bonds acquired during 1913
14 Agents balances
16 Gross rents from companys property
5799627 74
2019 95
6840 08
349507 19
413 15
14367 49
17 Total gross interest and rents i
19 Credit reserve fund sale
20 From sale rights Imperial Bank Stock
21 From Franklin Trust Co previously charged off
22 American National Bank previously charged off
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
Stocks
482436 99
2430 00
4 34
3600 00
7070 00
1025 00
500 00
74722 70
28 Total income 6371 416 77
IIIDisbursements
1 Gross amount paid policyholders for losses
including 41134040 occurring in pre
vious years 3109596 93
2 Deduct amount received for salvage fire
3458121 reinsurance fire 51186028
Discount fire 94740 total 547388 89
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 30607585 and expenses 14735895 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
Bents
Advertising 695824 printing and stationery 5722249
11 Postage telegrams telephone and express
12 Legal expenses
Furniture and fixtures
Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
9
10
13
14
2562208 04
35378 91
1266787 79
453434 80
181817 90
33195 57
64180 73
43129 54
6541 09
23450 39
14116 65
77464 66
17129 80350
CompteolleeGenebal s Eepoet
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on Teal estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax
Municipal taxes and fees
23 Other disbursements Commonwealth Bank Deposit
charged to suspense acct
25 Equitable Securities Co charged to suspense acct
34 Paid stockholders for interest or dividends amount de
clared during the year 34000000 paid stockholders
tax 5559842
37 Mortgage loan charge off
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz
Bonds
Stocks
40 Gross decrease by adjustment in book value of ledger
assets viz Real estate
Stocks
22260 01
3205 82
2908 95
103239 24
23974 60
6635 77
26063 87
25000 00
675 00
395598 42
1400 00
218 15
1245 00
1400 00
7655 50
4 31
41 Total disbursements 5400320 64
IVLedger Assets
119635 64
33100 00
77000 00
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 646871885 and
stocks 432363613 10792354 98
5 Cash in companys office 7544 08
6 Deposits in trust companies and banks not
on interest 53163 40
7 Deposits in trust companies and banks on
interest 597791 43
8 Agents balances representing business
written subsequent to Oct 1 1913 1108762 17
9 Agents balances representing business
written prior to Oct 1 1913 44298 79
16 Total ledger assets 12833650 49
NonLedger Assets
17 Interest accrued on mortgages
20 Interest accrued on bonds
319 57
96785 33ComptrollekGenebals Report 351
18 Interest accrued on other assets Bank De
posits 5000 00
23 Rents accrued on companys property or
lease 1175 32
24 Total 103280 22
25 Market value of real estate over book value 2137774
26 Market value not including interest on item 18 of bonds
and stocks over book value 1599714 77
27 Other nonledger assets viz Foreign premiums in course
of collection which have not been carried to ledger
account Gross 7442662 less expenses and commis
sions 2009517 total 54331 45
20 Gross assets14612354 67
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 298 79
41 Total admitted assets 14568055 88
VLiabilities
1 Gross losses adjusted and unpaid 140858 73
2 Gross claims for losses in process of ad
justment or in suspense plus 4270453
reserve for losses incurred proir to Dec
31 of which no notice had been received
on that date 582399 82
3 Gross claims for losses resisted 18478 89
4 Total 741737 44
5 Deduct reinsurance due or accrued 163734 25
6 Net amount of unpaid losses and claims 578003 19
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 561913731 unearned prem
iums per recapitulation 5619137 31
10 Total unearned premiums as computed above 5619137 31
17 Salaries rents expenses bills accounts fees etc due or
accrued 35000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 165000 00
19 Contingent commissions or other charges due or accrued 10000 00
26 Total amount of all liabilities except capital 6407140 50352 CompteollebGeneeals Kepobt
27 Capital actually paid up in cash 3000000 00
28 Surplus over all liabilities 5160915 38
29 Surplus as regards policyholders 8160915 38
30 Total liabilities 14568055 88
VIRisks and Premiums
Fire Eisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 1078409184 10748885 90
2 Written or renewed during the year 895401507 8241155 31
3 Excess of original premiums over amount
received for reinsurance 500733 32
4 Total 1973810691 19490774 53
5 Deduct those expired and markedoff as
terminated 764030301 7129199 99
6 In force at the end of the year 1209780390 12361574 54
7 Deduct amount reinsured 142334215 1549050 75
8 Net amount in force 1067446175 10812523 79
PROVIDENCE WASHINGTON FIRE INSURANCE COMPANY
J B Branch President A G Beals Secretary
Dan B Harris Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 3686564 49
IIIncome
5 Gross premiums 5815774 44
6 Deduct reinsurance premiums fire 867
44372 marine and inland 56102939
return premiums fire 59705377 ma
Tine and inland 18657647 2212103 35
7 Total premiums other than perpetual 3603671 09ComptrollerGenerals Beport
353
11 Gross interest on bonds and dividends on
stocks less 173575 accrued interest on
bonds acquired during 1913 173648 14
12 Gross interest on deposits in trust com
panies and banks 7812 47
13 Gross interest from all other sources On
marine premiums 100 60
17 Total gross interest and rents 181561 21
23 Stock divided General Electric Co 18000 00
26 Gross profit on sale or maturity of ledger assets viz
Stocks 980000
27 Gross increase by adjustment in book value of ledger
assets viz Real estate 9127 25
2 Total income 3822591 55
IIIDisbursements
1 Gross amount paid policyholders for losses
including 58109255 occurring in pre
vious years 2961059 15
2 Deduct amount received for salvage fire
1897204 marine and inland 109
57121 reinsurance fire 44647350
marine and inland 32296248 dis
count fire 41898 marine and inland
45045 total 898848 66
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 9215858 and expenses 2995481 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Eents
10 Advertising 317813 printing and stationery 3140815
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
2062210 49
34690 35
715072 63
122113 39
136152 69
14754 69
34586 28
22061 77
157 73
544 37
6902 14
33890 54
19421 23
15609 00
68115 83
13639 12354 ComptrollerGenerals Report
22 All otheT licenses fees and taxes Federal corporation
tax 1468 24
County licenses and taxes 240 51
City licenses and taxes 8627 12
Franchise licenses and taxes 650 00
23 Other disbursements Exchange 1723 23
25 Subscriptions to various publications 674 27
26 Premiums on guaranty bonds 797 85
27 Entertainment 683 93
34 Paid stockholders for interest or dividends amount de
clared during the year 100000 00
40 Gross decrease by adjustment in book value of ledger
assets viz Real estate 3378 75
Bonds 43270 63
41 Total disbursements 3461436 78
IVLedger Assets
4 Book value of bonds 157500000 and
stocks 1345950 2920950 00
5 Cash in companys office 1918 82
6 Deposits in trust companies and banks not
on interest 16690 43
7 Deposits in trust companies and banks
on interest 452341 92
8 Agents balances representing business
written subsequent to Oct 1 1913 628996 65
9 Agents balances representing business
written prior to Oct 1 1913 225 13
10 Bills receivable taken for marine and in
land risks 26526 31
11 Bills receivable taken for fire risks 70 00
16 Total ledger assets 4047719 26
NonLedger Assets
20 Interest accrued on bonds 13055 96
4
24 Total 13055 96
26 Market value not including interest in item 18 of
bonds and stocks over book value 868 352
30 Gross assets 4929127 22ComptkolleeGtEnebals Report
Deduct Assets Not Admitted
355
34 Agents balances representing business
written prior to Oct 1 1913 225 13
35 Bills receivable past due taken for ma
rine inland and fire risks 820 75
41 Total admitted assets 4928081 34
VLiabilities
1 Gross losses adjusted and unpaid 82406 63
2 Gross claims foT 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 receiv
ed on that date 501799 26
3 Gross claims for losses resisted 26247 91
4 Total 610453 80
5 Deduct reinsurance due or accrued 209203 30
6 Net amount of unpaid losses and claims 401250 50
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 4038546 unearned premiums
per recapitulation 2119981 75
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
49849008 unearned premiums fifty
percent 249245 04
9 Gross premiums less reinsuranse cash
and bills received and receivable upon
all unexpired marine risks 16209700
unearned premiums 50 per cent on
time risks 81387 25
10 Total unearned premiums as computed above 2450614 04
17 Salaries rents expenses bills accounts fees etc due or
5000 00
accrued
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
52000 00
this statement
19 Contingent commissions or other charges due or accrued 1000000
26 Total amount of all liabilities except capital 2918864 54
25 ComptrollerGenerals Eeport
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 1009216 80
29 Surplus as regards policyholders 2 009 216 80
30 Total liabilities 4928081 34
Business in the State of Georgia During the Year
27 Gross risks written 4j249096 00
Less 98529600 risks cancelled and 277136700 reinsur
ance in companies authorized in Georgia 1 748 125 00
Net risks written 2500971 00
28 Gross premiums on risks written 47 392 40
Less 1294102 return premiums and 2241135 premiums
for reinsurance in companies authorized in Georgia 16534 97
Net premiums received 30 857 43
29 Losses paid deducting salvage 11951 55
Less losses on risks reinsured in companies authorized in
GeorSia 3211 71
Net losses paid g
30 Losses incurred ll677 19
Less losses on risks reinsured in companies authorized in
GeorSia 3231 71
Net losses incurred 8 445 48
QUEEN INSURANCE COMPANY OF AMERICA
Home Office 84 William St New York City
Edward F Beddall President Nevett S Bartow Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 10085857 96
4 Extended at 10085857 9gCoMPTBOLLERGrENEKAL S BePOET
357
IIIncome
5 Gross premiums 6935060 77
6 Deduct reinsurance premiums fire 830
23462 marine and inland 6734264
return premiums fire 91365803 ma
rine and inland 15507507 1068733 10
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 217221 accrued interest
on bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources Bills
receivable
2950 00
364297 98
8174 96
15 91
17 Total gross interest and rents 375438 85
25 From agents balances previously charged off 2 08
26 Gross profit on sale or maturity of ledger assets viz
Bonds 609 37
Stocks 640 00
28 Total income 5345440 71
IIIDisbursements
1 Gross amount paid policyholders for losses
including 37060632 occurring in pre
vious years 3097816 91
2 Deduct amount received for salvage fire
2608011 marine and inland 13
00054 reinsurance fire 37273338
marine and inland 2722862 discount
fire 45382 total 439496 47
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses 70026 76
5 Commissions or brokerage 939971 84
6 Allowances to local agencies for miscellaneous agency ex
penses 14579 95
7 Salaries 10776448 and expenses 7040288 of special
and general agents 178167 36
8 Salaries fees and all other charges of officers directors
trustees and home office employes 344575 96
9 Eents 43268 06
10 Advertising 2054565 printing and stationery 47
17237 67718 02358
ComptkollebGenekals Eeport
11 Postage telegrams telephone and express 33733 46
12 Legal expenses 1310 06
13 Furniture and fixtures 4383 37
14 Maps including corrections 15093 43
15 Underwriters boards and tariff associations 50928 3 5
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 30148 94
17 Inspections and surveys 29613 32
20 State taxes on premiums 80081 42
21 Insurance department licenses and fees 19944 08
22 All other licenses fees and taxes Federal corporation
tax 4534 56
Municipal licenses 12229 15
Local taxes 2540 18
Personal property tax 26 23
Provincial taxes 727 09
Franchise tax 1791 00
23 Other disbursements Custodians fees care of securities
200000 subscriptions to mercantile ageneies etc 4
80644 exchange 396657 general traveling expenses
508817 auditing expenses 256383 fidelity bonds
96364 Supper allowance clerks night work 140253
annual conferences entertainment etc 148173
spring water ice and towel service 114243 Christ
mas gratuities 74816 rental tabulating machines
214727 petty items 395835 total 30269 12
34 Paid stockholders for interest or dividends amount de
clared during the year 300000 00
38 Agents balances charged off 451 50
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 2009 97
Stocks 640 00
41 Total disbursements 4937083 42
rVLedger Assets
2 Mortgage loans on real estate 65000 00
4 Book value of bonds 647260316 and
stocks 269758519 total 9170188 35
5 Cash in companys office 7783 51
6 Deposits in trust companies and banks not
on interest 6652 41
7 Deposits in trust companies and banks on
interest 482454 72
8 Agents balances representing business
written subsequent to Oct 1 1913 748643 85ComptrollerGenerals Report 359
9 Agents balances representing business
written prior to Oct 1 1913 13261 91
11 Bills receivable taken for fire risks 230 50
16 Total ledger assets 10494215 25
NonLedger Assets
17 Interest accrued on mortgages 1405 13
20 Interest due 97333 and accrued 88
55012 on bonds 89523 45
18 Interest on other assets Bank Balances 1108 09
24 Total 92036 67
30 Gross assets 10586251 92
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 13261 91
38 Book value of ledger assets oveT market
value viz Bonds and stocks 592976 86
40 Total 606238 77
41 Total admitted assets 9980013 15
VLiabilities
1 Gross losses adjusted and unpaid 113048 50
2 Gross claims for losses in process of ad
justment or in suspense plus 3222664
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 284883 30
3 Gross claims for losses resisted 64969 00
4 Total 462900 80
5 Deduct reinsurance due or accrued 72868 60
6 Net amount of unpaid losses and claims 390032 20
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 820473369 unearned prem
iums per recapitulation 4244830 14
8 Gross premiums less reinsurance cash
and bills received and receivable upon360
ComptrollerGenerals Keport
all unexpired inland navigation risks
48229869 unearned premiums fifty
peT cent
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 1486094
unearned premiums
241149 33
14664 94
10 Total unearned premiums as computed above 4 500644 41
17 Salaries rents expenses bills accounts fees etc due or
accrued 992 59
18 Estimated amount hereafter payable for federal state
and other taxes based upon the businss of the year
of this statement 95 752 39
19 Contingent commissions or other charges due or accrued 22807 77
23 All other liabilities viz Pension obligations 30765 00
26 Total amount of all liabilities except capital 5041004
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 3939005 49
29 Surplus as regards policyholders 4939008 49
30 Total liabilities 9980013 15
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force December 31 1912 803072401 8868644 44
547349053 6125214 65
2 Written or renewed in 1913
4 Totals 1350421454 14993859 09
5 Deduct expirations and cancellations 509116936 5865088 98
6 In force December 31 1913 841304518 9128770 11
7 Deduct amount reinsured 84624778 924036 42
8 Net amount in force 756679740 8204733 69
Business in the State of Georgia During the Year
27 Gross risks written 10857801 00
Less 191442300 risks cancelled and 95182300 rein
surance in companies authorized in Georgia 2 866 246 00
Net risks written 799555 00ComptrollerGenerals Report 361
28 Gross premiums on risks written 178 590 9g
Less 2319270 return premiums and 1370777 premiums
for reinsurance in companies authorized in Georgia 36900 47
Net premiums received 141690 51
9 Losses paid deducting salvage 8171370 salvage
35855 81 355 15
Less losses on risks reinsured in companies authorized in
e0rSia 5647 59
Net losses paid 75707 5S
M Losses incurred 79 295 15
Less losses on risks reinsured in companies authorized in
Ge0rSia 3340 59
Net losses incurred 75954 56
EHODE ISLAND INSURANCE COMPANY
George L Shepley President Emil G Pieper Secretary
Hon Win A Wright Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up
in cash 400000 00
2 Amount of ledger assets as per balance
December 31 of previous years 1304234 36
IIIncome
3 Gross premiums 1037333 86
4 Deduct reinsurance premiums fire 232
03387 return premiums 21456017 446 594 04
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 21000 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
14 From cash deposited with Philadelphia Un
derwriters Assn
17 Total gross interest and rents
590739 82
49596 88
809 90
3 15
50409 93362
ComptrollerGenerals Report
27 Gross profit on sale or maturity of ledger assets viz
Bonds
7913 13
29 Total income 649062 88
IIIDisbursements
1 Gross amount paid policyholders for losses
including 5433226 occurring in pre
vious years
2 Deduct amount received for salvage fire
1047280 reinsurance fire 10559468
Discount fire 23939
402244 96
116306 87
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
10 Advertising
11 Postage telgrams 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 Federal corporation
tax
City taxes and licenses
23 Other disbursements Surety bonds
25 Commission on investments
26 Auditing books
34 Paid stockholders foT interest or dividends amount de
clared during the year
39 Gross loss on sale or maturity of ledger assets viz
Bonds
Stocks
41 Total disbursements
285938 09
6627 50
189538 81
425 32
1 57
98 98
4706 03
4111 82
1704 53
11328 23
4053 80
26 57
3000 12
337 87
75 110
150 00
40000 00
50 00
7 37
552181 01
TVLedger Assets
4 Book value of bonds 89568142 and
stocks 26925667 1164938 09
7 Deposits in trust companies and banks on
interest 86847 22ComptrollerGenerals Eeport 363
8 Agents balances representing business
written subsequent to Oct 1 1913 149230 32
13 Cash deposited with Phila Undw Assn 100 00
16 Total ledger assets 1401115 63
NonLedger Assets
18 Interest accrued on bonds 11162 01
20 Interest accrued on other assets United
Traction and Electric Co 60500 Nat
ional Exchange Bank 15000 Union
Trust Co dividend 30000 American
LaFrance Fire Engine Co 35000 1425 00
24 Total 12587 01
27 Other nonledger assets viz Reinsurance due on losses
paid Munich Reinsurance Co 2937 Union Fire Ins
Co of Paris France 2937 total 58 74
30 Gross assets 1413761 38
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 54658 59
41 Total admitted assets 1359102 79
VLiabilities
1 Gross losses adjusted and unpaid 15794 88
2 Gross claims for losses in process of ad
justment or in suspense plus 33119
reserve for losses incurred prior to Dfec
31 of which no notice had been receiv
ed on that date 48935 29
3 Gross claims for losses resisted 7898 94
4 Total 72629 11
5 Deduct reinsurance due or accrued 26513 83
6 Net amount of unpaid losses and claims 46115 28
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 90036070 unearned prem
iums per recapitulation 480261 41
10 Total unearned premiums as computed above 480261 41364
ComptrollerGenerals Beport
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
19 Contingent commissions or other charges due or accrued
11000 00
49246 00
26 Total amount of all liabilities except capital 586622 69
27 Deposit capital actually paid up in cash 400000 00
28 Surplus over all liabilities 372480 10
29 Surplus as regards policyholders
772480 10
30 Total liabilities 1359102 79
VIRisks and Premiums
Eire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 110364829 00 999367 14
2 Written or renewed during the year 105854869 00 1037333 86
4 Total 216219 698 00 2036701 00
5 Deduct those expired and marked off as
terminated 84514101 00 826101 89
6 In force at the end of the year131705597 00
7 Deduct amount reinsured 32720249 00
1210599 11
310238 41
8 Net amount in force 98985348 00 900360 70
Business in the State of Georgia During the Year
27 Gross risks written 1005 667 00
Less 19746400 risks cancelled and 20438700 reinsur
ance in companies authorized in Georgia 401851 00
Net risks written 603816 00
28 Gross premiums on risks written 12879 74
Less 272226 return premiums and 266278 premiums
for reinsurance in companies authorized in Georgia 5385 04
Net premiums received
29 Losses paid deducting salvage
30 Losses incurred
7494 70
1350 13
1409 67
Net losses incurred
1390 69CompteollebGeneeals Eepoet
365
ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON
United States Manager Richard D Harvey
W L Brooks Attorney for Service in Georgia
ICapital Stock
1 Deposit capital pursuant to
laws of Illinois 200000 00
2 Amount of ledger assets as per balance
December 31 of previous years 2869 679 63
Extended at 2869679 63
i IIncome
3 Gross premiums 3398582 75
5 Reinsurance premiums fire 53701514
marine and inland 23180044 return
premiums 51593055 marine and in
land 15698420 total 1441730 33
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks 4
12 Gross interest on deposits in trust com
panies and banks
1956852 42
94603 50
2371 01
17 Total gross interest and rents
19 Received from home office
21 Account of Head office
26 From agents balances previously charged off
29 Total income
96974 51
450646 65
149 30
34 40
2504657 28
IIIDisbursements
1 Gross amount paid policyholders for losses
including 17904096 occurring in pre
vious years
2 Deduct amount received for salvage fire
306755 marine and inland 23
16666 reinsurance fire 28694844
marine and inland 15529751 discount
fire 50465 total
157253593
468984 81
3 Net amount paid policyholders for losses 1103 551 12366
ComptkollebGenekals Bepoet
4 Expenses of adjustment and settlement of losses 26609 17
5 Commissions or brokerage 427095 49
6 Allowances to local agencies for miscellaneous agency ex
penses 6982 05
7 Salaries 6251323 and expenses 3700544 of special and
general agents 518 67
8 Salaries fees and all other charges of officers directors
trustees and home office employees 87814 29
9Eents 10951 41
10 Advertising 333965 printing and stationery 1173282 15072 47
11 Postage telegrams telephone and express 10077 12
12 Legal expenses
13 Furniture and fixtures a u
14 Maps including corrections 4121 25
15 Underwriters boards and tariff associations 25437 75
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 17565 99
17 Inspections and surveys 5639 38
20 State taxes on premiums c
21 Insurance department licenses and fees 10387 95
22 All other licenses fees and taxes 66754 Federal income
tax 2250 municipal licenses 743098 county taxes
72077 publication fees 6698 total 9503 77
23 Other disbursements Auditing fees 115000 books of
balance 38903 fidelity bonds and ins premiums
32505 mercantile reports 85700 miscellaneous
7008 total 2791 16
38 Eemitted to home office 379166 05
41 Total disbursements 2284860 44
IVLedger Assets
4 Book value of bonds 250385176 and
stocks 5000000 2553851 76
5 Cash in companys office 477 20
6 Deposit in trust companies and banks not
on interest 82844 85
7 Deposits in trust companies and banks on
interest 140913 75
8 Agents balances representing business
written subsequent to October 1 1913 299932 22
9 Agents balances representing business
written prior to Oct 1 1913 11456 69
16 Total ledger assets 3089476 47ComptkollekGenebals Eepobt 367
NonLedger Assets
18 Interest accrued on bonds 32358 54
20 Interest due on other assets Bank interest 232 81
24 Total 32591 35
30 Gross assets 3122067 82
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 11456 69
39 Banks 21361551 stocks 900000 222615 51
41 Total admitted assets 2887995 62
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 2251100
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 259913 00
3 Gross claims for losses resisted 28640 00
4 Total 288553 00
5 Deduct reinsurance due or accrued 119656 99
6 Net amount of unpaid losses and claims 168896 01
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 282343012 unearned premiums
per recapitulation 1479065 07
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
20764879 unearned premiums fifty
per cent 103824 39
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 59687 un
earned premiums pro rata per cent 31949 51
10 Total unearned premiums as computed above 1614838 97
17 Salaries rents expenses bills accounts fees etc due or
accrued 3667 88
18 Estimated amount hereafter payable for federal state and368 ComptrollerGenerals Report
other taxes based upon the business of the year of this
statement 40000 00
19 Contingent commissions or other charges due or accrued 14075 96
26 Total amount of ail liabilities except capital 1841478 82
27 Deposit capital actually paid up in cash 400000 00
28 Surplus over all liabilities 646516 80
29 Surplus as regards policyholders 1046516 80
30 Total liabilities 2887995 62
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31day of December as per
line 6 under this heading in last years
Statement342144315 00 3407681 20
2 Written or renewed during the year 265966402 00 2644348 74
4 Total 60811071700 6052029 94
5 Deduct those expired and marked off as
terminated 235557119 00 2437379 56
6 In force at the end of the year372553598 00 3614350 38
7 Deduct amount reinsured 86398656 00 791220 26
8 Net amount in force286154942 00 2823430 12
ROYAL INSURANCE COMPANY LIMITED LIVERPOOL ENGLAND
Principal Office in the United States 84 William St New York N Y
Edward Fitch Beddall General Attorney for the U S
ICapital Stock
1 Deposit capital deposited in
New York 450000 00
Ohio 100000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 12280578 53
IIIncome
3 Gross premiums fire 1131153205 marine
126867161 total 12580203 66ComptbollebGenebals Eepoet
369
5 Reinsurance premiums fire 194947322
marine and inland 18207433 return
premiums 199563605 marine and in
land 21707414 total 4344257 74
7 Total premiums other than perpetuali
8 Deposit premiums written on perpetual risks gross
3235945 92
70
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 731146 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
14 From sub branch offices etc
16 Gross rents from companys property in
cluding 5633047 for companys occu
pancy of its own buildings
12359 17
240617 79
11794 61
513 12
402052 66
17 Total gross interest and rents
24 Remittance from home office
26 From agents balancespreviously charged off
28 Gross increase by adjustment in book value of ledger
assets viz Bonds
667337 35
808279 46
10 00
30798 80
29 Total income 9742372 23
IIIDisbursements
1 Gross amount paid policyholders for losses
including 63564960 occurring in pre
vious years Fire 496728835 marine
48801818 total 545530653
2 Deduct amount received for salvage fire
7111225 marine and iniand 2333389
reinsurance fire 100325002 marine
and inland 3988225 discount fire
10049 total 1137678 90
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 ex
penses
7 Salaries fees and all other charges of officers directors
trustees and home office employees
8 Salaries 15395018 and expenses 9607968 of special
and general agents
9 Rents including 5633047 for companys occupancy of
its own buildings
112832 66
1550365 60
18488 14
629455 23
250047 86
86527 85370
ComptrollerGenerals Report
10
11
12
13
14
15
16
17
18
19
20
21
22
23
25
26
27
28
29
30
31
32
33
38
39
40
Advertising 4277675 printing and stationery 59
26619 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 an dexpenses
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
Municipal licenses county taxes and fees
Other disbursements General traveling expenses
Subscriptions to Mercantile agencies
Exchange
Auditing expenses
Annual conference and ent expenses
Rental tabulating machines
Fidelity bonds
Supper allowance clerks night work
Spring wateT ice and towel service
Sundry petty expenses
Deposit premiums returned
Agents balances charged off
Remitted to home office
Gross decrease by adjustment in book value of ledger
assets viz Real estate
Bonds
102042 94
60941 35
1900 06
14343 59
19410 54
99559 49
84882 50
64360 18
192590 08
52055 49
153542 87
24519 20
7253 07
18542 45
11226 08
9918 78
3993 76
4640 39
3096 08
3134 55
1848 11
2746 05
1610 66
5920 30
4926 78
2986 83
1177085 04
10522 31
18523 42
41 Total disbursements 9 123 467 92
IVLedger Assets
1 Book value of real estate 4348500 00
2 Mortgage loans on real estate first liens 251100 00
4 Book value of bonds 608520000 and
stocks 22058543 6305785 43
5 Cash in companys offices 2 548 60
7 Deposits in trust companies and banks on
interest 609513 17
8 Agents balances representing business
written subsequent to October 1 1913 1262519 13ComptbollebGenebals Eepoet
371
9 Agents balances representing business
written prior to Oct 1 1913 29516 51
16 Total ledger assets 12899482 84
NonLedger Assets
17 Interest accrued on mortgages 3611 60
18 Interest accrued on bonds 77723 89
23 Rents accrued on companys property or
lease 17918 60
24 Total 99254 09
30 Gross assets 12998736 93
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 29516 51
38 Book value of ledger assets over market
value viz Bonds and stocks 369917 18
40 Total 399433 69
41 Total admitted assets 12599303 24
VLiabilities
1 Gross losses adjusted and unpaid due
9601842 not yet due 2186550 117883 92
2 Gtoss claims for losses in process of ad
justment or in suspense plus 1718800
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 586313 85
3 Gross claims for losses resisted 92910 00
4 Total 797107 77
5 Deduct reinsurance due or accrued 251589 38
6 Net amount of unpaid losses and claims 545518 39
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 1550415023 unearned prem
iums per recapitulation 7978561 24
8 Gross premiums less reinsurance cash
and bills received and receivable upon572
ComptrollerGeneral s Eeport
all unexpired inland navigation risks
67801777 unearned premiums fifty
per cent
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired marine risks 9
53097 unearned premiums 100 per
cent
339008 88
9530 97
10 Total unearned premiums as computed above 8327101 09
11 Amount reclaimable by the insured on perpetual fire in
surance policies being 85 and 95 per cent of the
premium or deposit received
12 Net premium reserve and all other liabilities except
capital under the life insurance or any other special
department
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
19 Contingent commissions or other charges due or accrued
84095 21
87611 66
8505 00
206456 91
42832 09
26 Total amount of all liabilities except capital 9302120 35
27 Deposit capital actually paid up in cash 550000 00
28 Surplus over all liabilities 2747182 89
29 Surplus as regards policyholders 3 297 182 89
30 Total liabilities 12599303 24
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 1756177794 18622308 68
2 Written or renewed during the year 1424027124 12580203 66
3 Excess of original premiums over
amount received for reinsurance 41 389 37
4 Total 3180204918 31243901 71
5 Deduct those expired and marked off as
terminated 1340192478 12161909 87
6 In force at the end of the year 1840012440 19081991 84
7 Deduct amount reinsured 272090424 2890292 87ComptrollerGenerals Report
373
8 Net amount in force 1567922016 16191698 97
9 Perpetual risks not included above 447081700 de
posit premiums on same 97 176 64
Business in the State of Georgia During the Year
27 Gross risks written 11137874 00
Less 192451100 risks cancelled and 164379900 re
insurance in companies authorized in Georgia 3568310 00
Net risks written 7569564 00
28 Gross premiums on risks written 142 979 82
Less 2330762 return premiums and 1348277 prem
iums for reinsurance in companies authorized in Ga 36790 39
Net premiums received 106 189 43
29 Losses paid deducting salvage 72 396 33
Less losses on risks reinsured in companies authorized in
Georgia 1556 06
Net losses paid 70840 27
30 Losses incurred 7g 373 33
Less losses on risks reinsured in companies authorized
in Georgia 3181 42
Net losses incurred 73 194 91
ST PAUL FIRE AND MARINE INSURANCE COMPANY
Home Office St Paul Minnesota
F E Bigelow President A W Perry Secretary
A B Tumlin 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 years 8893781 35
4 Extended at 8893781 35
IIIncome
5 Gross premiums 8787835 63
6 Deduct reinsurance premiums Are 740374
ComptrollerGenerals Report
17674 marine and inland 76120046
return premiums fire 87279689 ma
rine and inland 30380689 total 2677980 98
7 Total premiums other than perpetual 6109854 65
9 Gross interest on mortgage loans 30013 02
10 Gross interest on collateral loans 1803 47
11 Gross interest on bonds and dividends on
stocks less 786128 accrued interest on
mortgages acquired during 1913 325159 29
12 Gross interest on deposits in trust compa
nies and banks 4935 88
14 Interest on notes taken for premiums 10210 55
16 Gross rents from companys property in
cluding 12000 for companys occupancy
of its own buildings 17111 26
17 Total gross interest and rents 389233 47
18 From other sources
19 From Nat GermanAmerican Bank stock 6000 00
20 From conscience money 230 00
21 From Merchants Natl Bank stock 1375 00
24 Increase in liabilities during the year on account of reinsur
ance treaties 11 914 go
25 From agents balances previously charged off 2 718 47
26 Gross profit on sale or maturity of ledger assets Bonds 1098 61
28 Total income 6522424 80
IIIDisbursements
1 Gross amount paid policyholders for losses 4457420 67
2 Deduct amount received for salvage fire
1138068 marine and inland 85
98094 reinsurance fire 34843813
marine and inland 70328422 dis
count fire 89625 total 1150980 49
3 Net amount paid policyholders for losses 3306440 18
4 Expenses of adjustment and settlement of losses 69848 87
5 Commissions or brokerage 1 453 574 17
6 Allowances to local agencies for miscellaneous agency ex
Penses 6865 56
7 Salaries 6564339 and expenses 4518983 of special and
general agents 210833 22
8 Salaries fees and all other charges of officers directors
trustees and home office employees 122 905 45
9 Eents including 12000 for companys occupancy of its
own buildings 12963 50ComptkollerGenebais Eepoet
375
10 Advertising 704722 printing and stationery 4783865 54886 37
11 Postage telegrams telephone and express 32900 99
12 Legal expenses 12137 29
13 Furniture and fixtures 3348 85
14 Maps including corrections 9297 75
15 Underwriters Boards and Tariff Associations 11570 41
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 5653 69
17 Inspections and surveys 23767 52
18 Eepairs and expenses other than taxes on real estate 4316 83
19 Taxes on real estate 3460 39
20 State taxes on premiums 129650 33
21 Insurance department licenses and fees 20128 98
22 All other licenses fees and taxes
a Federal corporation tax 6124 24
b City licenses and occupation tax 9252 82
c City taxes 618 95
d State and county licenses and taxes 3032 83
23 Other disbursements Various 8117 49
34 Paid stockholders for interest or dividends amount de
clared during the year 100000 100000 00
38 Agents balances charged off 833 58
39 Gross loss on sale or maturity of ledger assets viz
a Real estate 4010 58
b Bonds 226 29
e Stocks 125 00
40 Gross decrease by adjustment in book value of ledgeras
sets viz Stocks 1375 00
41 Total disbursements 5628267 13
IVLedger Assets
1 Book value of real estate 254580 84
2 Mortgage loans on real estate first liens
642905 other than first 400 643305 00
4 Book value of bonds 726082880 and
stocks 27208893 7532917 73
5 Cash in company a office 501 62
6 Deposits in trust companies and banks not
on interest 3017 80
7 Deposits in trust companies and banks on
interest 501637 73
8 Agents balances representing business writ
ten subsequent to October 1 1913 758597 37
9 Agents balances representing business writ
ten prior to October 1 1913 8128 78
10 Bills receivable taken for marine and inland
risks 4731 59376
ComptrollerGenerals Eeport
73729 82
11 Bills receivable taken for fire risks
13 Due from reinsurance companies for return
premiums 120 18
14 Due from reinsurance companies on losses
Paid 6670 56
16 Total ledger assets 9787939 02
NonLedger Assets
17 Interest accrued on mortgages
18 Interest accrued on bonds
7804 56
55770 98
24 Total
27 Other nonledger assets viz Unliquidated interest in 100
shares of National GermanAmerican Bank stock
63575 54
1000 0O
30 Gross assets 953514 55
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1913
35 Bills receivable past due taken for marine
inland and fire risks
36 Mortgages other than first
37 Miscellaneous stocks
38 Book value of ledger assets over market
value
39 Reinsuring companiescollection doubtful
8128 78
16876 30
400 00
1325 00
360064 65
830 10
41 Total admitted assets
9464889 73
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
62045 11
566028 90
28060 70
656134 71
209048 43
6 Net amount of unpaid losses and claims 447 086 28
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 910171160 unearned premiums 4723298 39
7 Excess of original premiums over amountCompteollebGenebal s Repoet
37
received for reinsurance per agreement
with Minnesota Insurance Department to
cover excess on old policies not included
in line 7
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
81215090 unearned premiums fifty
per cent
9 Gross premiums less reinsurance cash
and bills received and receivable upon all
unexpired marine risks 3414256 un
earned premiums 100 per cent
1000 00
406075 45
34142 56
10 Total unearned premiums as computed above
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accrued
21 Beinsurance and return premiums due other companies
23 All other liabilities viz Eeserved for unpaid bills
5164516 40
100000 00
3983 88
34337 32
1000 00
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 3213965 85
5750923 88
29 Surplus as regards policyholders 3713965 85
30 Total liabilities 9464889 73
VIEisks and Premiums
1 In force on the 31st day of December as
per line 5 under this heading in last
years statement 723153600 9390211 55
2 Written or renewed during the year 502973510 6135019 73
3 Excess of original premiums over amount
received for reinsurance 2094 96
4 Total 1226127110 15527326 24
5 Deduct those expired and marked off as ter
minated 425107239 5665350 34
6 In force at the end of the year 801019871 9861975 90
7 Deduct amount reinsured 59018949 760264 30
8 Net amount in force 742000922 9101711 60378 CompteollebGenebals Eepoet
Business in the State of Georgia During the Tear
Fire
27 Gross risks written 3248841 00
Less fire 594021 marine 191185
risks cancelled and fire 18444 ma
rine 120026741 reinsurance in com
panies authorized in Georgia 812465 00
Net risks written 2436376 00
28 Gross premiums on risks written 51583 48
Less fire 878708 marine 480487 re
turn premiums and fire 339991
marine 585673 premiums for rein
surance in companies authorized in
Georgia 12186 99
Net premiums received 39396 49
29 Losses paid deducting salvage 23897 79
Less losses on risks reinsured in compa
nies authorized in Georgia 207 80
Net losses paid 23689 99
30 Losses incurred 22238 91
Less losses on risks reinsured in compa
nies authorized in Georgia 207 80
Net losses incurred 22031 11
Marine
5312294 42
1391452 41
3920842 01
37200 36
10661 60
26538 76
18625 39
9457 43
9167 96
19182 89
9457 43
9725 46
SAVANNAH FIRE INSURANCE COMPANY OF SAVANNAH GA
Mills B Lane President W F Train Secretary
Adams Adams Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 156299 28
4 Extended at 156299 28
IIIncome
5 Gross premiums 30665 10COMPTROLLERGrENEEAIiS BePOKT
379
6 Deduct reinsurance premiums fire 12
02316 return premiums fire 414980 16171 96
7 Total premiums other than perpetual 14493 14
12 Gross interest on deposits in trust com
panies and banks 1245 90
14 Discount on City of Savannah note 900 00
16 Gross rents S6fl2 50
17 Total gross interest and rents 10758 40
28 Total income 25251 54
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 134196 occurring in pre
vious years
2 Deduct amount received for reinsurance
fire
5686 83
962 02
10
11
13
14
15
18
19
20
21
22
24
25
Net amount paid polieyholders for losses 4724 81
Expenses of adjustment and settlement of losses 63 85
Salaries fees and all other charges of officers directors
trustees and home office employees 3033 62
Advertising 31820 printing and stationery 36253 680 73
Postage telegrams telephone and express 197 98
Furniture and fixtures 192 50
Maps including corrections 116 80
Underwriters boards and tariff associations 73 00
Repairs and expenses other than taxes on real estate 1578 71
Taxes on real estate 1599 42
State taxes on premiums 19 26
Insurance department licenses and fees 200 00
All other licenses fees and taxes Federal corporation
tax 368 82
Travelling expense 393 26
Auditing of books by state 255 20
41 Total disbursements 13497 96
IVLedger Assets
1 Book value of real estate 120000 00
6 Deposits in trust companies and banks not
on interest 3053 23
7 Deposits in trust companies and banks on
interest 24209 61380 ComptrollerGenerals Report
8 Agents balances representing business
written subsequent to Oct 1 1913 5703 44
13 Note City of Savannah Due Oct 11 1916 15000 00
14 Due from reinsurance companies 86 58
16 Total ledger assets
NonLedger Assets
21 Interest on 2420961 in Savings Bank
and City of Savannah note 454 34
23 Bents due on companys prorerty ot lease 308 75
24 Total
30 Gross assets
Deduct Assets Not Admitted
41 Total admitted assets
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 3152 05
4 Total 3152 05
5 Deduct reinsurance due or accrued 1 302 05
6 Net amount of unpaid losses and claims i
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 12965 49
10 Total unearned premiums as computed above
18 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 capital i
27 Capital actually paid up in cash 100000 00
28 Surplus over all liabilities 53 936 37
29 Surplus as regards policyholders
30 Total liabilities
168052 86
763 09
168815 95
168815 95
1850 00
12965 49
64 09
14879 58
153936 37
168815 95ComptrollerGenerals Report 381
VIBisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 1624170 00 22120 17
2 Written or renewed during the year 1758283 00 26515 30
4 Total 3382453 00 48638 47
5 Deduct those expired and marked off as
terminated 097994 00 12212 99
6 In force at the end of the year 2384459 00 36425 48
7 Deduct amount reinsured 1157925 00 15982 99
8 Net amount in force 122653400 20442 49
Business in the State of Georgia During the Year
27 Gross risks written 1997533 00
Less 52079000 risks cancelled and 82898000 reinsur
ance in companies authorized in Georgia 1 349 770 00
Net risks written 647763 00
28 Gross premiums on risks written 26 568 39
Less 414980 return premiums and 1202216 premiums
for reinsurance in companies authorized in Georgia 16171 96
Net premiums received 10 396 43
29 Losses paid deducting salvage 5 599 97
Less losses on risks reinsured in companies authorized
in Georgia 962 02
Net losses paid 437 95
30 Losses incurred 7 410 06
Less losses on risks reinsured in companies authorized in
Gergia 2264 07
Net losses incurred 5 145 99382
ComptbolleeGenerals Repobt
SCOTTISH UNION AND NATIONAL INSURANCE COMPANY
James H Brewster United States Manager
W E Hoyt Attorney for Service
ICapital Stock
1 Amount of capital deposited 200000 00
2 Amount of ledger assets as per balance
December 31 of previous years 5569446 57
4 Extended at 5569446 57
HIncome
5 Gross premiums 4119024 59
6 Deduct reinsurance premiums fire 1125
24390 return premiums fire 728
48765 total 1125243 90
7 Total premiums otheT than perpetual 2265293 04
9 Gross interest on mortgage loans 8490 53
11 Gross interest on bonds and dividends on
stocks less 222728 accrued interest on
bonds acquired during 1913 217374 12
12 Gross interest on deposits in trust compa
nies and banks 3929 35
16 Gross rents from companys property in
cluding 4500 for companys occupancy
of its own buildings 7387 25
17 Total gross interest and rents 237181 25
19 Eeceived from Home Office 60591 77
24 Increase in liabilities during the year on account of reinsur
ance treaties 28706 40
26 Gross profit on sale or maturity of ledger assets viz Bonds 100 00
28 Total income 2591872 46
ITIDisbursements
1 Gross amount paid policyholders for losses
including 9511825 occurring in previous
years 1516464 51
2 Deduct amount received for Salvage fire
1274338 reinsurance fire 43947842
discount fire 32899 total 452550 79
3 Net amount paid policyholders for losses 1063913 72ComptbolleeGenebals Repqet
383
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
32
38
39
40
Expenses of adjustment and settlement of losses 23930 94
Commissions or brokerage less 32533896 reinsurance com
missions 489407 90
Allowances to local agencies for miscellaneous agency ex
penses 8924 02
Salaries 5411820 and expenses 4313337 of special and
general agents 97251 57
Salaries fees and all other charges of officers directors
trustees and home office employees 103195 21
Bents including 4500 for companys occupancy of its own
buildings 9101 07
Advertising 453461 printing and stationery 1839934 22933 95
Postage telegrams telephone and express 15858 49
Legal expenses 840 92
Furniture and fixtures 14548 02
Maps including corrections 8625 59
Underwriters boards and tariff associations 43842 69
Fire department fire patrol and salvage corps assessments
fees taxes and expenses 29574 44
Inspections and surveys 3467 74
Repairs and expenses other than taxes on real estate 17166 56
Taxes on real estate 1019 86
State taxes on premiums 45448 80
Insurance department licenses and fees 11049 70
All other licenses fees and taxes
Federal corporation tax 2319 47
Municipal licenses 6775 37
Other disbursements
Mercantile reports 1295 25
Office supplies 502 12
Premiums on Fidelity bonds 567 SO
Safe deposit box 600 00
Subscriptions 915 82
Sundry building expenses 2181 96
Tabulating system 1406 69
Remitted to home office 12801 30
Agents balances charged off 463 Off
Gross loss on sale or maturity of ledger assets viz Bonds 2856 98
Gross decrease by adjustment in book value of ledger as
sets viz Real estate 15551 55
41 Total disbursements 2058337 56
IVLedger Assets
1 Book value of real estate 250564 10
2 Mortgage loans on real estate first liens 155900 00
4 Book value of bonds 482209812 and
stocks 5020625 total 4872304 37384 ComptrollerGeneral s Beport
7 Deposits in trust companies and banks on
interest 346491 59
8 Agents balances representing business writ
ten subsequent to October 1 1913 471454 06
9 Agents balances representingbusiness writ
ten prior to October 1 1913 6267 35
16 Total ledger assets 6102981 47
NonLedger Assets
17 Interest accrued on mortgages 2819 13
20 Interest due 3892625 and accrued 46
41104 on bonds 85337 29
24 Total 6191137 89
30 Gross assets 6191137 89
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 6267 35
37 Overdue and accrued interest on bonds in
default 12166 66
39 Bonds and stocks 218255 62
41 Total admitted assets 5 954 448 26
VLiabilities
1 Gross losses adjusted and unpaid 103766 00
2 Gross claims for losses in process of ad
justment or in suspense plus 764600 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 167 712 00
3 Gross claims for losses resisted 8945 00
4 Total 280423 00
5 Deduct reinsurance due or accrued 98844 00
6 Net amount of unpaid losses and claims 181 579 00
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 434668865 unearned pre
miums 2281937 74
17 Salaries rents expenses bills accounts fees etc due or
accrued 10000 00ComptrollekGenekal s Repobt
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
20 Funds held under reinsurance treaties
385
30000 00
28706 40
26 Total amount of all liabilities except capital 2532223 14
27 Capital deposited 200000 00
28 Surplus over all liabilities 3222225 12
29 Surplus as regards policyholders 3422225 12
30 Total liabilities77 5954448 26
VIRisks and Premiums
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 576164583 5393907 39
2 Written or renewed during the year 442942806 4119024 59
3 Excess of original premiums over amount
received for reinsurance 8 831 76
4 Total 1019108389 9521763 74
5 Deduct those expired and marked off as
terminated 369804330 3564071 82
6 In force at the end of the year 649303059 5957691 92
7 Deduct amount reinsured 185202239 1611003 27
8 Net amount in force 464100820 4346688 65
Business in the State of Georgia During the Year
27 Gross risks written 4880765 Q0
Less 874720 risks cancelled and 173976 reinsurance in
companies authorized in Georgia 1048696 00
Net risks written 3832069 00
28 Gross premiums on risks written 57796 59
Less 697042 return premiums and 84416 premiums for
reinsurance in companies authorized in Georgia 7814 58
Net premiums received
29 Losses paid deducting salvage
30 Losses incurred

49982 01
25394 55
36745 55386
ComptrollerGenebAls Beport
SECURITY INSURANCE COMPANY OF NEW HAVEN
John W Ailing President Victor Roth Secretary
Dan B Harris Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 3954870 00
4 Extended at 3954870 00
IIIncome
5 Gross premiums 3476648 18
6 Deduct reinsurance premiums fire 664
07114 return premiums fire 69332517 1357396 31
7 Total premiums other than perpetual
9 Gross interest on mortgage loans 18774 02
10 Gross interest on collateral loans 2753 92
11 Gross interest on bonds and dividends an
stocks less 3509744 accrued interest
on bonds acquired during 1913 138539 34
14 Premium notes 27534 bills receivable
33333 total 608 67
15 Phila Und Deposit 315 reinsurance
bureau 3389 total 37 04
16 Gross rents from companys property in
cluding 12jl6250 for companys occu
pancy of its own buildings 13064 03
17 Total gross interest and rentsI
19 Borrowed money
20 Consciencemoney
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds t
2119251 87
173777 02
90000 00
33 00
721 55
3815 62
28 Total income 2387599 06
mDisbursements
1 Gross amount paid policyholders foT losses
including 22789423 occurring in pre
vious years 1368426 54ComptrollerGenerals Report
387
2 Deduct amount received for salvage fire
1139697 reinsurance fire 23827468
Discount fire 99342 total
250665 07
10
11
12
13
14
15
16
17
18
19
20
21
22
23
25
26
34
38
39
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage less 19486613 reinsurance
commissions
Allowances to local agencies for miscellaneous agency
expenses
Salaries 5091791 and expenses 4671322 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Eents including 1216250 for companys occupancy of
its own buildings
Advertising 209932 printing and stationery 1602980
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 license
Tax on capital stock
City and county tax
Other disbursements General expenses
Borrowed money
Interest on borrowed money
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
1117761 47
26787 58
445661 84
17140 39
97631 13
116807 92
15516 07
18129 12
14798 17
2811 86
3828 75
7352 77
22182 03
14273 78
14116 68
875 97
2219 24
38744 68
13108 66
710 60
5753 16
18769 47
4465 15
12542 72
90000 00
418 20
100000 00
674 29
1038 75
41 Total disbursements 2224120 45
IVLedger Assets
1 Book value of real estate 239218 25
2 Mortgage loans on real estate 411500 00388 CompteollebGenebals Kepoet
3 Loans secured by pledge of bonds stocks
or other collateral 24750 00
4 Book value of bonds 224114593 and
stocks 74028814 total 2981434 07
5 Cash in companys office 8754 5i6
6 Deposits in trust companies and banks not
on interest 80651 96
8 Agents balances representing business
written subsequent to Oct 1 1913 338772 84
9 Agents balances representing business
written prior to Oct 1 1913 2271 97
11 Bills receivable taken for fire risks 27315 47
13 Gash deposited with Phila underwriter
Association 100 00
14 Due from reinsurance companies on losses
paid 3579 49
16 Total ledger assets 4118348 61
NonLedger Assets
17 Interest accrued on mortgages 4269 96
20 Interest accrued on bonds 37293 10
19 Interest accrued on collateral loans 312 13
24 Total 41875 19
25 Market value of real estate over book value 10931 75
30 Gross assets 4171155 55
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 2271 97
35 Bills receivable past due taken for ma
rine inland and fire risks 2772 65
38 Book value of ledger assets over market
value 61474 82
41 Total admitted assets 4104636 11
VLiabilities
1 Gross losses adjusted and unpaid 56170 65
2 Gross claims for losses in process of ad
justment or in suspense plus 964150
reserve for losses incurred prior to DecComptrollerGenerals Beport
389
31 of which no notice had been receiv
ed on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
141150 97
33331 41
230653 03
52726 77
6 Net amount of unpaid losses and claims 177 926 26
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 389760650 unearned prem
iums per recapitulation 2086790 93
10 Total unearned premiums as computed above 2 086 790 93
17 Salaries rents expenses bills accounts fees etc due
or accrued 2 412 92
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 35 qqq q0

26 Total amount of all liabilities except capital 2 302 130 11
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 802506 00
29 Surplus as regards policyholders 1 802 506 00
30 Total liabilities 4 104 636 11
VIBisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 419653630 00 4469965 05
2 Written or renewed during the year 321421519 00 3476648 18
3 Excess of original premiums over
amount received for reinsurance 10 116 47
4 Total 741075149 00 7956729 70
5 Deduct those expired and marked off as
terminated 269933937 00 3128028 60
6 In force at the end of the year471141222 00 4828701 10
7 Deduct amount reinsured 86734317 00 931094 60
8 Net amount in force384406905 00 3897606 50390 ComptrollerGenerals Report
Business in the State of Georgia During the Year
27 Gross risks written 5224158 00
Less 1156131 risks cancelled and 790676 reinsurance
in companies authorized in Georgia 1952807 00
Net risks written 3271351 00
28 Gross premiums on risks written 65613 39
Less 1467677 return premiums and 1137617 prem
iums for reinsurance in companies authorized in Ga 26052 94
Net premiums received 39560 45
29 Losses paid deducting salvage 33192 92
Less losses on risks reinsured in companies authorized in
Georgia 4425 17
Net losses paid 28767 75
30 Losses incurred 21981 87
Less losses on risks reinsured in companies authorized
in Georgia 28 42
Net losses incurred 21953 45
SOUTHERN MUTUAL FIRE INSURANCE COMPANY
Home Office 220 College Avenue Athens Ga
Billiups Phinizy President A E Griffith Secretary
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 1013250 37
IIIncome
5 Gross premiums 388493 05
6 Deduct return premiums 5345 91
7 Total premiums 383147 14
10 Gross interest on bonds and dividends on
stocks less 33272 accrued interest on
bonds acquired during 1913 36548 53
15 Gross rents from companys property in
cluding 1500 for companys occupancy
of its own buildings 29552 55
16 Total gross interest and rents 66101 08ComptbolleeGenebals Eepoet
391
28 Gross increase by adjustment in book value of ledger as
sets viz Bonds
Total
24 Expense account items 4 6 9 10 11 12 13 and 14
31 Dividends to polieyholders
36 Gross decrease by adjustment in book value of ledger as
sets viz Bonds
601 35
29 Total income 449849 57
ITIDisbursements
1 Gross amount paid polieyholders for losses including 3
96743 occurring in previous years
5 Commissions or brokerage
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
a Federal corporation tax 2128 54
b On cash and office furniture 815 81
c Municipal 2528 04
83951 83
57471 26
20795 00
1145411
3678 59
378 48
200 00
5472 39
4206 17
229579 40
35 00

37 Total disbursements 417222 23
IVLedger Assets
1 Book value of real estate 265000 00
4 Book value of bonds 5735 and stocks
185000 total 758500 00
6 Deposit in trust companies and banks not
on interest 15822 07
8 Agents balances representing business writ
ten subsetruent to October 1 1913 6555 64
15 Total ledger assets 1045877 71
NonLedger Assets
17 Interest due on bonds and stocks 17628i 75
22 Rents due on companys property or lease 2300 00
23 Total
25 Market value not including interest in item 17 of bonds
and stocks over book value
19928 75
108290 00

29 Gross assets 1174096 46392 CompteolleeGeneeals Eepobt
Deduct Assets Not Admitted
39 Admitted assets 1174096 46
VLiabilities
6 Net amount of unpaid losses and claims 6014 58
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 191573 57
9 Dividends declared and unpaid to policy holders including
all unpaid dividends on terminated policies whether re
newed or not 154540 58
33 Total amount of all liabilities 352128 73
34 Surplus 821967 73
35 Total liabilities and surplus 1174096 46
VIEisks and Premiums
1 In force on the 31 day of December as per line 5 under this
heading in last years statement 39152078 00
2 Written or renewed during the year 42081223 00
4 Total 81233301 00
5 Deduct those expired and marked off as terminated 40960822 00
6 In force at the end of the year 40272479 00
8 Net amount in force 40272479 00
Business in The State of Georgia During The Year
21 Gross risks written 42081223 00
Less risks cancelled 884914 00
Net risks written 41196309 00
22 Gross premiums on risks written 388493 05
Less return premiums 5345 91
Net premiums received 383147 14
23 Losses paid deducting salvage 396743 1912 losses 83951 83
24 Losses incurred 85998 98ComptrollerGenerals Eeport
393
THE SOUTHERN UNDERWRITERS STOCK FIRE INSURANCE
COMPANY
A W McAlester President
ICapital Stock
C A Mebane Secretary
Amount of capital stock paid
up in cash 200000 00
Amount of ledger assets as per balanee
December 31 of previous years 367331 79
Extended at
367331 79
7
9
10
11
12
14
17
28
IIIncome
Gross premiums 162028 88
Deduct reinsurance premiums fire 36
53606 return premiums 1673737
total 53273 43
Total premiums other than perpetual
Gross interest on mortgage loans
Gross interest on collateral loans
Gross interest on bonds and dividends on
stocks
Gross interest on deposits in trust companies
and banks
Interest on bills received taken for fire risks
Total gross interest and rents
Total income
IIIDisbursements
Gross amount paid policyholders for losses
including 300884 accurring in pre
vious years
Deduct amount received for Salvage fire
291823 reinsurance fire 2149897
total
3
22
11454 19
502 90
7595 00
2 72
7 15
108755 45
72847 39
24417 20
Net amount paid policyholders for losses
Salaries fees and all other charges of officers directors
trustees and home office employees
All other licenses fees and taxes
Federal corporation tax
State and county tax
City taxes
19561 96
128317 41
48130 19
535 00
633 33
528 00
1885 72394 ComptrollerGenerals Eeport
23 Other disbursements
24 Commission to general agents 43612 16
25 Account interest counted in 1912 statement 3409 55
26 Account interest advanced to mortgages 96 03
27 Commission paid for selling bonds 66 00
34 Paid stockholders for interest or dividends amount de
clared during the year 12000 12000 00
40 Gross decrease by adjustment in book value of ledger as
sets viz Stocks 1500 00
41 Total disbursements 112508 07
IVLedger Assets
2 Mortgage loans on real estate first liens 201025 00
3 Loans secured by pledge of bonds stocks
or other collateral 7965 00
4 Book value of bonds 12516 and stocks
115785 128301 00
5 Cash in companys office 3510 00
6 Deposits in trust companies and banks not
on interest 17843 54
7 Deposits in trust companies and banks on
interest 624 28
8 Agents balances representing business writ
ten subsequent to October 1 1913 22808 78
9 Agents balances representing business writ
ten prior to October 1 1913 973 53
16 Total ledger assets 383051 13
NonLedger Assets
17 Interest due on mortgages 3392 00
20 Interest due on bonds 165 00
19 Interest due on collateral loans 125 73
24 Total 3682 73
30 Gross assets 386733 86
VLiabilities
6 Net amount of unpaid losses and claims 5304 50
10 Total unearned premiums 113230 55
16 Dividends declared and unpaid to stockholders 12000 00
26 Total amount of all liabilities except capital 130535 05CompteolleeGenebals Eepoet
395
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 56198 81
29 Surplus as regards polieyholders 256198 81
30 Total liabilities 386733 86
VIEisks and Premiums
1 In force on the 31 day of December as per
line 6 under this heading in last years
statement 15799170 245497 61
2 Written or renewed during the year 9916623 162028 88
4 Total
5 Deduct those expired and marked off as
terminated
25715793 407526 49
9259724
6 In force at the end of the year
7 Deduct amount reinsured
8 Net amount in force
138727 44
16456069 268799 05
3370977 52465 46
13085092 216333 59
SPRINGFIELD FIRE AND MABINE INSURANCE COMPANY
A W Damon President W J Mackay Secretary
James L Dickey Jr Attorney for Service
ICapital Stock
1 Capital 2500000 00
2 Amount of ledger assets as per balance
December 31 of previous years 10319754 11
Increase in paidup capital July 1913 500000
IIIncome
3 Gross premiums 8536330 31
4 Deduct reinsurance premiums Are 1288
07321 return premiums 124825710
total 2536330 31
7 Total premiums other than perpetual 5743117 84
9 Gross interest on mortgage loans 82118 91
11 Gross interest on bonds and dividends on
stocks less 126000 accrued interest on
bonds acquired during 1913 333388 70396
ComptrollerGenerals Eeport
12 Gross interest on deposits in trust compa
nies and banks y i 10 514 72
16 Gross rents from companys property in
cluding 18000 for companys occupancy
of its own buildings 18000 00
444022 33
10451 37
2280 05
2 45
18893 00
17 Total gross interest and rentsj
19 Eefund of taxes on Massachusetts bank stocks
25 Increase in liabilities during the year on account of reinsur
ance treaties
26 From agents balances previously charged of
27 Gross profit on sale or maturity of ledger assets viz Stocks
29 Total income 6218767 04
IIIKsbursements
1 Gross amount paid polieyholders for losses
including 43647211 occurring in pre
vious years 3716917 06
2 Deduct amount received for Salvage fire
2383750 reinsurance fire 70012926
discount fire 9890 total 724065 66
3 Net amount paid polieyholders for losses 2993851 40
4 Expenses of adjustment and settlement of losses 48160 12
5 Commissions or brokerage 1100 274 46
6 Allowances to local agencies for miscellaneous agency ex
penses 22702 62
7 Salaries 19482220 and expenses 13427614 of special
and general agents 329098 43
8 Salaries fees and all other charges of officers directors
trustees and home office employees 332 514 75
9 Rents including 18000 for companys occupancy of its
own buildings 35386 76
10 Advertising 2421779 printing and stationery 5538771 79605 50
11 Postage telegrams telephone and express 28340 87
12 Legal expenses 8946 38
13 Furniture and fixtures 7 288 91
14 Maps including corrections 17 795 99
15 Underwriters boards and tariff associations 57 078 38
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 31 795 49
17 Inspections and surveys 39 070 49
18 Repairs and expenses other than taxes on real estate 5946 71
19 Taxes on real estate 4 795 30
20 State taxes on premiums 109 459 23
21 Insurance department licenses and fees 26 306 63ComptrollerGeneral s Report
397
22 All other licenses fees and taxes
Federal corporation tax
Massachusetts franchise tax
County and municipal tax
23 Other disbursements
24 Interest paid Munich Eeinsurance Co per contract
25 Premium on bonds fire and liability policies
26 Mercantile reports directories and magazines
27 Light and heat
28 Laundry toilet etc
29 Auditing and exchange
30 Lunch system entertaining etc
31 Sundry items
32 Transferred from surplus to capital account by stock divi
dend July 1913
34 Paid stockholders for interest or dividends amount de
clared during the year 200000
38 Agents balances changed off
39 Gross loss on sale or maturity of ledger assets viz
Bonds
Stocks
40 Gross decrease by adjustment in book value of ledger as
sets viz Stocks
3374 59
10451 37
18219 81
10228 47
766 16
2040 05
3633 43
1806 93
2252 61
1628 60
1721 58
500000 00
200000 00
2897 04
500 00
1496 75
1791300
41 Total disbursements 6047558 81
IVLedger Assets
1 Book value of real estate 300000 00
2 Mortgage loans on real estate first liens 1994970 00
4 Book value of bonds 86017344 and stocks
590118788 total 6761361 32
5 Cash in companys office 1210 61
6 Deposit in trust companies and banks not
on interest 268589 52
7 Deposits in trust companies and banks on
interest 556571 43
8 Agents balances representing business writ
ten subsequent to October 1 1913 1091056 80
9 Agents balances representing business writ
ten prior to October 1 1913 17202 66
16 Total ledger assets 10990962 34
NonLedger Assets
17 Interest accrued on mortgages
18 Interest accrued on bonds
46637 57
14374 95
24 Total 61012 52
30 Gross assets 11051974 86398 ComptrollerGenerals Report
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 11913 17202 66
38 Book value of ledger assets over market
value 90869 32
40 Total
41 Total admitted assets
108071 98
10943902 88
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 2735587
reserve for losses incurred prior to De
cember 31 of which no notice had been
received on that date
3 Gross claims for losses resisted
95440 59
472829 72
50892 49
4 Total 619162 80
5 Deduct reinsurance due or accrued 136 138 17
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 1007073122 unearned premiums
per recapitulation 5286834 80
10 Total unearned premiums as computed
above
15 Interest due or accrued to Munich Insurance Co
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accrued
20 Funds held under reinsurance treaties
483024 63
5286834 80
5167 25
15000 00
50000 00
13000 00
259502 34
26 Total amount of all liabilities except capital
27 Deposit capital actually paid up in cash 2500000 00
28 Surplus over all liabilities 2 331 373 86
6112529 02
29 Surplus as regards polieyholders
30 Total liabilities
4831373 86
10943902 88CompteolleeGeneeals Eepoet
VIBisks and Premiums
399
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 964762334 1081122162
2 Written or renewed during the year 747307942 8279448 15
4 Total 1712070276 19090669 77
5 Deduct those expired and marked off as
terminated 655025617 7500249 85
6 In force at the end of the year 1057044659 11590419 92
7 Deduct amount reinsured 140812980 1519688 70
Business in the State of Georgia During the Year
27 Gross risks written 7324301 00
Less 1747285 risks cancelled and 121438 reinsurance in
companies authorized in Georgia 1868723 00
Net risks written 5455578 00
28 Gross premiums on risks written 116611 58
Less 2502469 return premiums and 180801 premiums
for reinsurance in companies authorized in Georgia 26832 70
Net premiums received 89778 88
29 Losses paid deducting salvage 69103 38
Less losses on risks reinsured in companies authorized in
Georgia 6049 65
Net losses paid 63053 73
SO Losses incurred 72846 85
Less losses on risks reinsured in companies authorized in
Georgia 6049 65
Net losses incurred 66797 20400
ComptbollebGenerals Report
STANDARD FIRE INSURANCE COMPANY
M L Hewes President H B Anthony Secretary
W A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 1201580 46
4 Extended at 1201580 46
IIIncome
5 Gross premiums 852409 13
6 Deduct reinsurance premiums fire 146
74399 return premiums fire 162
73028 total 309474 27
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 129170 accrued interest on
bonds acquired during 1913 42507 79
12 Gross interest on deposits in trust com
panies and banks 974 65
542934 86
26 Gross profit on sale or maturity of ledger assets viz
Bonds
494 12
28 Total income
586911 42
IIIDisbursements
1 Gross amount paid policyholders for losses
including 2873889 occurring in pre
vious years 294979 91
2 Deduct amount received for salvage fire
281009 reinsurance fire 6140769
total 64217 78
3 Net amount paid policyholders for losses 230 762 13
4 Expenses of adjustment and settlement of losses 6536 56
5 Commissions or brokerage less 3655975 reinsurance
commissions 117 015 4
6 Allowances to local agencies for miscellaneous agency ex
penses 3 340 12CompteollebGeneeals Bepoet
7 Salaries 2142885 and expenses 1879398 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Eents
10 Advertising 116638 printing and stationery 649548
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 12298 03
21 Insurance department licenses and fees 5 287 50
22 All other licenses fees and taxes Notaries fees 45 25
24 Capital stock tax g 500 00
25 Safe deposit box 50 0
26 Traveling expenses home office 1 660 70
34 Paid stockholders for interest cr dividends amount de
clared during the year 40000 0O
41 Total disbursements 520 562 49
401
40222 83
24642 19
2583 80
7661 86
5185 45
604 47
1063 52
2860 20
4930 25
1736 7G
5569 38
IVLedger Assets
4 Book value of bonds 103924922 and
stocks 9125400 total 1130503 22
5 Cash in companys office 944 51
7 Deposits in trust companies and banks on
interest 48979 60
8 Agents balances representing business
written subsequent to October 1 1913 87202 83
9 Agents balances representing business
written prior to Oct 1 1913 299 23
16 Total ledger assets 1267929 39
NonLedger Assets
20 Interest accrued on bonds 13469 02
18 Interest on other assets Maps furniture
and fixtures 10000 00
24 Total 1291398 41
30 Gross assets 1291398 41402
CompteolleeGeneeals Bepobt
Deduct Assets Not Admitted
33 Furniture fixtures and safes 10000 00
34 Agents balances Representing business
written prior to Oct 1 1913 29923
38 Book value of ledger assets over market
value 59356 92
41 Total admitted assets 1221742 56
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 400000
reserve for losses incurred prior to Dee
31 of which no notice had been received
on that date 45396 48
3 Gross claims for losses resisted 2550 00
4 Total
5 Deduct reinsurance due or accrued
47946 48
8635 34
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 78532586 unearned premiums
per recapitulation
438883 95
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
39311 14
438883 95
1643 88
10000 00
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 231903 59
29 Surplus as regards policyholders
489838 97
731903 59
30 Total liabilities 1221742 56
VIEisks and Premiums
Fire Risks
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 79693021 00
2 Written or renewed during the year 87773493 00
Premiums Thereon
724452 82
852409 13ComptrollerGenerals Beport 403
4 Total167466514 00 1576861 95
5 Deduct those expired and marked off as
terminated 59310567 00 592576 16
6 In force at the end of the year108155947 00 984285 79
7 Deduct amount reinsured 21125504 00 198959 9a
8 Net amount in force 87030443 00 785325 86
Business in the State of Georgia During the Year
27 Gross risks written 1430269 00
Less 14925000 risks cancelled and 17602300 reinsur
ance in companies authorized in Georgia 325273 001
Net risks written 1104996 00
28 Gross premiums on risks written 13 804 92
Less 210813 return premiums and 197404 premiums
for reinsurance in companies authorized in Georgia 4082 17
Net premiums received 9 722 75
29 Losses paid deducting salvage 452 48
Less losses on risks reinsured in companies authorized in
Georgia 45 72
Net losses paid 406 76
30 Losses incurred 4 460 58
Less losses on risks reinsured in companies authorized in
Georgia 543 31
Net losses incurred 3917 27
U S BRANCH SUN INSURANCE COMPANY OF LONDON ENGLAND

J J Guile Manager
J T Fitten Atlanta Attorney for Service
ICapital Stock
1 Deposit capital pursuant to
laws of Illinois deposited
in New York 200000 00
2 Amount of ledger assets as per balance
December 31 of previous years 4567522 08404 ComptrollerGenerals Report
IIIncome
3 Gross premiums 4413891 84
4 Deduct reinsurance premiums fire 781
41319 return premiums 93560420
total 1717017 39
7 Total premiums other than perpetual 2766874 45
9 Gross interest on mortgage loans 739 59
11 Gross interest on bonds and dividends on
stocks less 450052 accrued interest on
bonds acquired during 1913 154361 28
12 Gross interest on deposits in trust companies
and banks 5992 30
14 Reinsurance Bureau Bank Deposit 50 71
16 Gross rents from companys property in
cluding 15800 for companys occupancy
of its own buildings 16003 06
17 Total gross interest and rents 177146 94
19 Received from home office 172271 95
27 Gross profit on sale or maturity of ledger assets viz Bonds 1034 60
29 Total income 3117327 94
IIIDisbursements
1 Gross amount paid policy holders for losses
including 31178533 occurring in pre
vious years 2027029 46
2 Deduct amount received for Salvage fire
fire 1503896 reinsurance fire 494
81534 discount fire 112080 total 510975 10
3 Net amount paid policyholders for losses 1516054 36
4 Expenses of adjustment and settlement of losses 41422 15
5 Commissions or brokerage 608475 67
6 Allowances to local agencies for miscellaneous agency ex
penses 2794 45
7 Salaries 4010643 and expenses 3648714 of special and
general agents 76593 57
8 Salaries fees and all other charges of officers directors
trustees and home office employees 165745 05
9 Rents including 15800 for companys occupancy of its
own buildings 23S17 29
10 Advertising 905671 printing and stationery 3227058 41327 9
11 Postage telegrams telephone and express 18277 59
12 Legal expenses 1401 15
13 Furniture and fixtures 1669 88ComptrollerGenerals Report 405
14 Maps including corrections 9688 3
15 Underwriters boards and tariff associations 42941 94
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 27158 76
17 Inspections and surveys 23492 59
18 Repairs and expenses other than taxes on real estate 3752 53
19 Taxes on rear estate 3359 84
20 State taxes on premiums 57906 58
21 Insurance department licenses and fees 15395 78
22 All other licenses fees and taxes
Federal corporation tax 1497 54
Municipal miscellaneous licenses and fees 13282 20
24 Miscellaneous expenses 1844 40
38 Agents balances charged off 80 58
38 Eemitted to home office 74100 92
39 Gross loss on sale or maturity of ledger assets viz Bonds 18 75
41 Total disbursements 2771899 34
TVLedger Assets
1 Book value of real estate 171925 04
4 Book value of bonds 346284593 and
stocks 31980051 3782646 44
5 Cash in companys office 700 00
7 Deposits in trust companies and banks on
interest 437469 22
8 Agents balances representing business writ
ten subsequent to October 1 1913 503826 33
9 Agents balances representing business writ
ten prior to Oct 1 1913 12441 70
13 Reinsurance recoverable on paid losses 3941 95
16 Total ledger assets 4912950 68
NonLedger Assets
18 Interest accrued on bonds 48837 73
25 Market value of real estate over book value 38074 96
30 Gross assets 4999863 37
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 12441 70
39 Bonds and stocks 121273 26
40 Total 133714 96
41 Total admitted assets 4866148 41406 ComptrollerGenerals Keport
VLiabilities
1 Gross losses adjusted and unpaid due 58
353 not yet due 30014 88367 00
2 Gross claims for losses in process of ad
justment or in suspense plus 5412 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 242787 00
3 Gross claims for losses resisted 24531 00
4 Total 355685 00
5 Deduct reinsurance due or accrued 74091 00
6 Net amount of unpaid losses and claims 281594 00
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 577373676 unearned premium
per recapitulation 3000794 55
10 Total unearned premiums as computed above 3000794 55
17 Salaries Tents expenses bills accounts fees etc due or
accrued 4362 76
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 64086 87
19 Contingent commissions or other charges due or accrued 20000 00
26 Total amount of all liabilities except capital 3370838 18
27 Deposit capital 200000 00
29 Surplus as regards policyholders 1295310 23
30 Total liabilities 4866148 41
VTRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 597772748 6287158 88
2 Written or renewed during the year 415382347 4483891 84
3 Excess of original premiums over amount
received for reinsurance 418 32
4 Total 1013155095 10771469 04
5 Deduct those expired and marked off as
terminated 371031919 4118159 52ComptrollerGeneral s Report 407
6 In force at the end of the year 642123176 6653309 52
7 Deduct amount reinsured 82595076 879572 76
8 Net amount in force 559528100 5773736 76
Business in The State of Georgia During the Year
27 Gross risks written 5003669 00
Less 1263930 risks cancelled and 1329866 reinsurance
in companies authorized in Georgia 2593796 00
Net risks written 2409873 00
28 Gross premiums on risks written 78138 85
Less 1008106 return premiums and 10142 76 premiums
for reinsurance in companies authorized in Georgia 20223 82
Net premiums received 57915 03
29 Losses paid deducting salvage 55755 11
Less losses on risks reinsured in companies authorized in
Georgia 7438 61
Net losses paid 48316 50
30 Losses incurred 53954 11
Less losses on risks reinsured in companies authorized in
Georgia 8632 61
Net losses incurred 45321 50
SVEA FIEE AND LIFE TNS CO LTD OF GOTHENBURG SWEDEN
M L Duncan IT S Manager
ICapital Stock
1 Deposit capital pursuant to laws of Illinois
deposited in New York 200000 00
2 Amount of ledger assets as per balance
December 31 of previous years 1435503 84
IIIncome
3 Gross premiums 1204638 96
4 Deduct reinsurance premiums fire 129
03928 return premiums 24780257 376841 85
7 Total premiums other than perpetual 827797 11408 CompteolleeGtenebals Eepoet
11 Gross interest on bonds and dividends on
stocks less 99923 accrued interest on
bonds acquired during 1913 45388 27
12 Gross interest on deposits in trust com
panies and banks 2 713 60
14 Interest on bills receivable 136 13
15 Interest on deposits reinsurance bureau 60 42
17 Total gross interest and rents
19 Eemittance from home office
29 Total income
48298 42
25000 00
901095 53
IIIDisbursements
1 Gross amount paid policyholders for losses
including 6994040 occurring in pre
vious years 460931 65
2 Deduct amount received for salvage fire
147092 reinsurance fire 7645691
discount fire 25048 total 78178 31
9
10
11
12
13
14
15
16
17
20
21
22
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency ex
penses
Salaries 1151277 and expenses 1413901 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 102630 printing and stationery 653458
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assessments
fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax
Municipal licenses
Local taxes
Bank exchange
391753 34
10966 76
224052 67
1277 83
25651 78
29813 20
4440 00
7560 88
2350 40
629 57
397 89
2275 91
9177 67
6770 38
2953 06
10872 00
5266 01
142 OS
716 03
536 00
350 87ComptrollerGenerals Beport
409
25 Home office expenses
26 Insurance publications
27 Office supplies
28 Mercantile reports
29 Miscellaneous expense reinsurance Bureau
41 Total disbursements
3282 16
183 58
148 91
710 00
229 46
742509 34
IVLedger Assets
4
5
6
7
8
9
11
12
Book value of bonds 1258604 74
Cash in companys office 9 15
Deposits in trust companies and banks not
on interest 27552 43
Deposits in trust companies and banks on
interest 151328 84
Agents balances representing business
written subsequent to Oct 11913 135655 28
Agents balances representing business
written prior to Oct 1 1913 2253 43
Bills receivable taken for fire risks 17575 52
Other ledger assets viz Bills receivable
taken from agents balances 1211 64
16 Total ledger assets 1594090 03
NonLedger Assets
18 Total 15537 03
04 15537 03

an 1609627 06
34
35
36
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1913 2253 43
Bills receivable past due taken for ma
rine inland and fire risks 3007 45
Bills receivable taken for agents balances
now 3 mos due 1211 64
84404 74
39 Bonds
40 Total 90877 26
41 Total admitted assets410
CompteollekGenerals Eeport
VLiabilities
1 Gross losses adjusted and unpaid due
1578505 not yet due 317075
2 Gross claims for losses in process of ad
justment or in suspense plus 545230
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date
3 Gross claims for losses resisted
18955 80
52453 76
9641 72
4 Total
5 Deduct reinsurance due or accrued
81051 28
12727 68
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 143773561 unearned prem
iums per recapitulation 760175 46
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due
or accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the businessof the year of
this statement
19 Contingent commissions or otheT charges due or accrued
68323 60
760175 46
1029 24
14447 35
3500 00
26 Total amount of all liabilities except capital 847 475 65
27 Deposit capital 200000 00
28 Surplus over all liabilities 471 274 15
29 Surplus as regards polieyholders
671274 15
30 Total liabilities 1518749 80
VIRisks and Premiums
Fire Kisks Premiums Thereon
1 In force December 31 1912120447957 00 1437252 63
2 Written or renewed in 1913 103394224 00 1204638 96
4 Totals
223842181 00 2641891 59
5 Deduct expirations and cancellations 88117506 00 1031412 90
6 In force December 31 191313572467500 1610478 69
7 Deduct amount reinsured 15944257 00 172743 08
8 Net amount in force
119780418 00 1437735 61ComptrollerGeneral s Report
Business in the State of Georgia During the Year
411
27 Gross risks written 2124010 00
Less 590077000 risks cancelled and 29620100 rein
surance in companies authorized in Georgia 886271 00
Net risks written 1237769 00
28 Gross premiums on risks written 25858 52
Less 523531 return premiums and 358375 premiums
for reinsurance in companies authorized in Georgia 8819 06
Net premiums received 17039 46
29 Losses paid deducting salvage 11257 23
Less losses on risks reinsured in companies authorized
in Georgia 2144 99
Net losses paid 9112 24
39 Losses incurred 15121 80
Less losses on risks reinsured in companies authorized in
Georgia 3873 45
Net losses incurred
11248 35
UNION FIRE INSURANCE COMPANY OF PARIS FRANCE
Starkweather Shepley Inc United States Managers
D I Maclntyre Attorney for Service
ICapital Stock
1 Deposit capital pursuant to
laws of Illinois deposited
in New York 210000 00
2 Amount of ledger assets as per balance
December 31 of previous years 884077 17
IIIncome
3 Gross premiums 187976 30
4 Deduct reinsurance premiums fire 142
86361 return premiums 15435047
totalliuitiiiti 297214 08
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stock less 2875 accrued interest on
bonds acquired during 1913
27769 45
390762 22412
ComptrollerGenerals Report
12 Gross interest on deposits in trust companies
and banks
14 Cash deposited with Philadelphia Under
writers Association
3548 01
31 15
17 Total gross interest and rents
31320 61
29 Total income 422082 83
IIIDisbursements
1 Gross amount paid policy holders for losses
including 2581571 occurring in pre
vious years 252975 01
2 Deduct amount received for Salvage fire
845086 reinsurance fire 5529083
discount fire 15915 total 63900 84
3 Net amount paid policyholders for losses
4 Expense 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 35771 printing and stationery 600
12 Legal expenses
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses feesand taxes City taxes and licenses
24 Surety Bonds
25 Commission on investments purchased
26 Remittance to home office
180074 17
2878 77
126550 6S
300 00
363 71
96 91
3336 92
2767 S5
795 91
7868 88
3003 31
229420
146 62
25 00
2163 38
41 Total disbursements

341666 31
TVLedger Assets
4 Book value of bonds 698330
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business writ
ten subsequent to October 1 1913
13 Philadelphia Underwriters Assn deposit
698330 00
163903 38
102160 31
100 00
16 Total ledger assets
964493 CComptrollerGenerals Eeport 413
NonLedger Assets
18 Interest accrued on bonds 8834 96
30 Gross assets 973328 65
Deduct Assets Not Admitted
38 Book value of ledger assets over market value 22006 00
41 Total admitted assets 951322 65
VLiabilities
1 Gross losses adjusted and unpaid 6716 13
2 Gross claims for losses in process of ad
justment or insuspense plus 41691 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
received on that date 41616 18
3 Gross claims for losses resisted 5833 33
4 Total 54165 64
5 Deduct reinsurance due or accrued 13900 75
6 Net amount of unpaid losses and claims 40264 89
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 55657852 unearned pre
miums per recapitulation 304689 20
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 7500 00
19 Contingent commissions or other charges due or accrued 33712 9X
26 Total amount of all liabilities except capital 386166 99
28 Surplus over all liabilities 565155 06
30 Total liabilities 951322 65
Business in The State of Georgia During The Year
27 Gross risks written 361057 00
Less 41047 risks cancelled and 40084 reinsurance in
companies authorized in Georgia 81131 00
Net risks written 279926 00
28 Gross premiums on risks written 3848 39
Less 39073 return premiums and 53168 premiums for
reinsurance in companies authorized in Georgia 922 41
Net premiums received 2925 98414
ComptrolleeGeneeal s Repoet
29 Losses paid deducting salvage 863 10
Less losses on risks reinsured in companies authorized in
Georgia i 18 98
Net losses paid 844 12
30 Losses incurred 911 79
Less losses on risks reinsured in companies authorized in
Georgia 18 98
Net losses incurred 1 w
892 81
UNITED FIREMEN FIRE INSURANCE COMPANY
Robert B Beath President Henry T Allen Secretary
Robert N Hughes Atlanta Ga Attorney for Service
ICapital Stock
1 Amount of capital stock paid
up in cash 400000 00
2 Amount of ledger assets as per balance
December 31 of previous years 1829652 62
4 Extended at 1829652 62
IIIncome
5 Gross premiums 595871 27
6 Deduct reinsurance premiums fire 109
49881 return premiums fire 127
06607 total 236564 88
7 Total premiums other than perpetual
8 Deposit premiums written on perpetual risks gross
9 Gross interest on mortgage loans 9171 52
10 Gross interest on collateral loans 1552 23
11 Gross interest on bonds and dividends on
stocks less 54236 accrued interest on
bonds acquired during 1913 64062 41
12 Gross interest on deposits in trust compa
nies and banks 792 38
16 Gross rents from eompany s property 3801 68
17 Total gross interest and rents
18 From other sources
19 Approving transfers on perpetual policies 864 00
359306 39
7794 03
79380 22ComptbOllebGenebals EepObt
415
20 Profit and loss additional interest on mort
gage paid off in 1912 20 90
21 Perpetual policies cancelled by loss250 00
22 Totalv 1134 90
26 Gross profit on sale or maturity of ledger assets viz Bonds 620 O0
28 Total income 448235 54
IIIDisbursements
Gross amount paid policyholders for losses
including 4520640 occurring in pre
vious years 292388 92
Deduct amount received for Salvage fire
100485 reinsurance fire 1250888
total 63510 73
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 ex
penses
7 Salaries 246453 and expenses 215256 of special and
general agents
8 Salaries fees and all other charges ofi officers directors
trustees and home office employees
9 Bents
10 Advertising 130955 printing andstationery 332209
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 departmentjfire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
18 Bepairs and expenses other than taxes on real estate
19 Taxes onreal estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
Federal corporation tax 245 57
CapitaHtax X 1374 92
228878 19
5233 98
104507 31
577 06
4617 09
27559 45
3743 96
4631 34
2227 37
904 28
234 99
1458 71
7413 78
1329 05
109 98
4437 72
1430 00
5181 13
3302 01
Total
1620 49
416
ComptrollerGeneral s Report
23 Other disbursements
24 General expenses
25 Traveling
1967 42
354 12
26 Total
33 Deposit premiums returned
34 Paid stockholders for interest or dividends amount de
clared during the year 32000
39 Gross loss on sale or maturity Of ledger assets viz Bonds
97741 80
164650 00
1000 00
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate and ground
rents first liens
3 Loans secured by pledge of bonds stocks or
other collateral
4 Book value of bonds 1314266 and stocks
122421 1436687 00
5 Cash in companys office 7 945 15
7 Deposits in trust companies and banks on
interest 40989 33
8 Agents balances representing business writ
ten subsequent to October 1 1913 51124 75
9 Agents balances representing business writ
ten prior to October 1 1913 594 87
2321 54
30939 53
32000 00
2490 00
41 Total disbursements 477 155 26
16 Total ledger assets 1 800 732 90
NonLedger Assets
17 Interest due 8750 and accrued 214306
on mortgages and ground rents
20 Interest accrued on bonds
2230 56
20461 21
24 Total
30 Gross assets
22691 77
Deduct Assets Not Admitted
1823424 67
34 Agents balances representing business writ
ten prior to October 1 1913
38 Book value of ledger assets over market
value viz
594 87ComptrollerGenerals Report
417
39 Bonds and stocks
40 Eeal estate
75247 00
14841 80
Total
41 Total admitted assets
90683 67
1732741 00
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 389788
reserve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date
3 Gross claims for losses resisted
5701 39
24139 89
6223 00
4 Total
5 Deduct reinsurance due or accrued
36064 28
8000 59
6 Net amount of unpaid losses and claims
7 Gross premiums1 less reinsurance received and receivable
upon all unexpired fire risks 63951960 unearned pre
miums per recapitulation t
11 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the pre
mium or deposit received
17 Salaries rents expenses bills accounts fees etc due or
accrued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
28063 69
338754 21
817649 58
291 05
6000 00
26 Total amount of all liabilities except capital 1190758 53
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 141982 47
29 Surplus as regards policyholders
541982 47
30 Total liabilities 1732741 00
VIRisks and Premiums
1 In force on the 31st day of December as
per line 5 under this heading in last
statement
66951063 72393 45418
ComptbolleeGeneeals Bepokt
47638014
2 Written or renewed during the year
3 Excess of original premiums over amount
received for reinsurance
4 Total 114589077
5 Deduct those expired and marked off as
terminated 42621521
6 In force at the end of the year
7 Deduct amount reinsured
71967556
8672989
595871 27
313 28
1268578 00
501340 54
767237 46
127717 86
8 Net amount in force 63294567 639519 60
Business in the State of Georgia During the Tear
27 Gross risks written 1297672 00
Less 287975 risks cancelled and 235367 reinsurance in
companies authorized in Georgia 523342 00
Net risks written 774330 00
28 Gross premiums on risks written 22246 35
Less 490846 return premiums and 341980 premiums for
reinsurance in companies authorized in Georgia 8328 26
Net premiums receivedj
29 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
30 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
13918 09
1944 78
140 15
1804 63
2835 85
140 15
Net losses incurred
2695 70
UNITED STATES FIRE INSURANCE COMPANY
harles A Norris President Otto B Candidus Secretary
Aaron Haas Son Harwell Attorney for Service
ICapital Stock
1 Amount of capital stock
paid up in cash 400000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 1157016 35
4 Extended at 1157016 35ComptrollerGenerals Report
IIIncome
419
5 Gross premiums 1404004 87
6 Deduct reinsurance premiums fire 341
89972 return premiums fire 28198994 623869 67
7 Total premiums other than perpetual
9 Gross interest on mortgage loans 2410 00
10 Gross interest on collateral loans 354 17
11 Gross interest on bonds and dividends on
stocks less 88175 accrued interest
on bonds acquired during 1913 39352 47
Gross interest on deposits in trust com
panies and banks 1506 72
12
780135 20
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
28 Total income
1400 00
464 77
825623 33
IIIDisbursements
1 Gross amount paid policyholders for
losses 430079 80
2 Deduct amount received for salvage fire
358223 reinsurance fire 9682636 100408 59
9
10
11
12
15
16
17
20
1
22
23
25
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 80792 printing and stationery 345076
Postage telegrams telephone and express
Legal expenses
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax
Other disbursements Sundry expenses
Premiums surety bonds
329671 21
9574 Hi
277455 70
14657 88
2700 00
4258 68
3486 82
1560 33
5322 OS
2750 94
1185 86
10547 88
3507 48
2443 39
250 41
237 00
420 ComptrollerGenerals Eeport
ii4 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
Stocks 10552 19
4l Total disbursements 708105 10
IVLedger Assets
2 Mortgage loans on real estate 51000 00
3 Loans secured by pledge of bonds stocks
or other collateral 10000 00
4 Book value of bonds 47828511 and
stocks 51554581 993830 96
5 Cash in companys office 184 65
6 Deposits in trust companies and banks not
on interest 10 00
7 Deposits in trust companies and banks on
interest 119953 01
8 Agents balances representing business
written subsequent to Oct 1 1913 99555 96
16 Total ledger assets 1274534 58
NonLedger Assets
17 Interest accrued on mortgages 777 92
20 Interest accrued on bonds 3382 88
SO Gross assets 1278695 38
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 82431 96
41 Total admitted assets 1196 263 42
VLiabilities
1 Gross losses adjusted and unpaid 2143050
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 85722 09
3 Gross claims for losses resisted 2 500 00
4 Total 109652 59
5 Deduct reinsurance due or accrued 49002 82ComptrollebGenebals Report 421
6 Net amount of unpaid losses and claims 60649 77
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks 522815 49
17 Salaries rents erpenses bills accounts fees etc due or
accrued 1000 00
18 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 all liabilities except capital 594465 26
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 201798 16
29 Surplus as regards polieyholders 601798 16
30 Total liabilities 1196263 42
Business in the State of Georgia During the Year
27 Gross risks written 1961755 00
Less 89110800 Tisks cancelled and 15394000 reinsur
ance in companies authorized in Georgia 1045048 00
Net risks written 916707 00
8 Gross premiums on risks written 24409 79
Less 667664 return premiums and 284749 premiums
for reinsurance in companies authorized in Georgia 9524 13
Net premiums received 14885 66
29 Losses paid deducting salvage 14007 76
Less losses on risks reinsured in companies authorized in
Georgia 1133 07
Net losses paid 12874 69
30 Losses incurred 14626 24
WESTCHESTER FIRE INSURANCE COMPANY
George R Crawford President Otto E Schaefer Secretary
Edgar Dunlap Attorney for Service in Georgia
1 Amount of capital stock
paid up in cash
ICapital Stock
f 300000 00422
ComptrolleeGenebals Report
2 Amount of ledger assets as per balance
Dee 31 of previous years 5551652 10
4 Extended at 5551652 10
IIIncome
5 Gross premiums 5320486 39
6 Deduct reinsurance premiums fire 1128
828 22 return premiums fire 96014729 2088975 51
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends
on stocks less 76764 accrued interest
on bonds acquired during 1913
12 Gross interest on deposits in trust com
panies and banks
16 Gross rents from companys property
3231510
8345 73
207302 36
3398 44
108 00
17 Total gToss interest and rents
19 Refund character unknown
20 Sale of Eights on stocks
25 From agents balances previously charged off
28 Total income
219154 53
48 25
5843 72
164 94
3456722 32
IIIDisbursements
1 Gross amount paid policyholders for losses
including 35727733 occurring in pre
vious years 2520943 93
2 Deduct amount received for salvage fire
1604976 reinsurance fire 62399239 640042 15
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 13630744 and expenses 12932605 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 578703 printing and stationery 38
26521 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
1880901 78
38648 46
625208 90
265633 49
115787 55
25044 43
44052 24
25244 70
1069 96
3588 34ComptrollerGenerals Report 423
14 Maps including corrections 17786 90
15 Underwriters boards and tariff associations 37337 83
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 14611 37
17 Inspections and surveys 20776 92
18 Eepairs and expenses other than taxes on real estate 1 92
19 Taxes on real estate 108 36
20 State taxes on premiums 62982 88
21 Insurance department licenses and fees 17341 25
22 All other licenses fees and taxes Federal corporation
tax 1187 00
Municipal taxes and licenses 13769 39
24 Collection and exchange 2152 92
34 Paid stockholders for interest or dividends amount de
clared during the year 120000 00
37 Decrease in liabilities during the year on account of re
insurance treaties 24988 33
38 Agents balances charged off 4626 02
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 5843 72
41 Total disbursements 3368694 66
IVLedger Assets
1 Book value of real estate 5876 00
2 Mortgage loans on real estate 128110 00
4 Book value of bonds 97706611 and
stocks 376222239 4739288 50
6 Deposits in trust companies and banks not
on interest 3159 85
7 Deposits in trust companies and banks on
interest 293972 92
8 Agents balances representing business
written subsequent to October 1 1913 451561 66
9 Agents balances representing business
written prior to Oct 1 1913 17710 83
16 Total ledger assets 5639679 76
NonLedger Assets
17 Interest due 41700 and accrued 63639
on mortgages 1053 39
20 Interest accrued on bonds 10132 49
24 Total 11185 88
30 Gross assets 5650865 64424
ComptrollerGenerals Beport
Deduct Assets Sot Admitted
34 Agent5 balances representing business
written prior to Oct 1 1913 17710 83
28 Book value of ledger assets over market
value 414501 00
40 Total
432211 83
41 Total admitted assets 5218653 81
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 2033261
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
114253 00
286871 98
23355 43
4 Total
5 Deduct reinsurance due or accrued
424480 41
134929 55
6 Net amount of unpaid losses and claims 289550 86
7 Gross premiums less reinsurance received
and receivable upon all vmexpired fire
risks 633496000 unearned premiums
per recapitulation 3275331 22
10 Total unearned premiums as computed above
18 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 Reserve for all contingencies
3275331 22
65000 00
10000 00
26 Total amount of all liabilities except capital 3639882 08
27 Capital actually paid up in cash 300000 00
28 Surplus over all liabilities 1 278 771 73
29 Surplus as regards policyholders 1 578 771 73
30 Total liabilities
5218653 81ComptrollerGenerals Eeport 425
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 705926582 7093995 36
2 Written or renewed during the year 510826970 5320486 39
4 Total 1216753552 12414481 75
5 Deduct those expired and marked off as
terminated 429857391 4663962 28
6 In force at the end of the year 786896161 7750519 47
7 Deduct amount reinsured 138802945 1415559 47
8 Net amount in force 6480932X6 6334960 00
Business in the State of Georgia During the Year
27 Gross risks written 4593194 00
Less 88032400 risks cancelled and 77088200 reinsur
ance in companies authorized in Georgia 1651206 00
Net risks written 2941988 00
28 Gross premiums on risks written 52969 03
Less 776339 return premiums and 889755 premiums
for reinsurance in companies authorized in Georgia 16660 94
Net premiums received 36308 09
29 Losses paid deducting salvage 29 734 69
Less losses on risks reinsured in companies authorized in
Georgia 5846 59
Net losses paid 23888 10
30 Losses incurred 36308 24
Less losses on risks reinsured in companies authorized in
Georgia 8759 31
Net losses incurred 27548 93
426
ComptrollerGenerals Report
WESTERN ASSURANCE COMPANY OF TORONTO
W B Meikle General Manager C C Foster Secretary
C H Godfrey Atlanta Ga Attorney for Service
ICapital Stock
1 Deposit capital pursuant to
laws of New York 212000 00
2 Amount of ledger assets as per balance
December 31 of previous years 2472304 60
IIIncome
Fire Marine Inland
3 Gross premiums 2296510 19 428810 42
4 Deduct reinsurance pre
miums fire 59600227
marine and inland 121
99109 return premiums
fire 40266377 marine
and inland 2190594
totals 998666 04 143897 03
7 Total premiums other than
perpetual 1297844 15 284913 39 1582757 54
11 Gross interest on bonds and dividends on
stocks less 7375 accrued interest on
bonds acquired during 1913 86990 85
12 Gross interest on deposits in trust companies
and banks 6746 58
14 Unlisted assets 217 90
17 Total gross interest and rents 93955 33
24 Remittance from home office 218571 43
27 Gross profit on sale or maturity of ledger assets viz Bonds 90 00
29 Total income 1895374 30
IIIDisbursements
1 Gross amount paid policy
holders for losses includ
ing 12933374 occurring
in previous years1016542 67 376434 50
2 Deduct amount received for
Salvage fire 550820
marine and inland 40ComptrollerGenerals Report
427
18450 reinsurance fire
31925227 marine and
inland 11674872 dis
count fire 16033 total 324920
156932 22
3 Net amount paid policyhold
ers for losses 69162187 21950128 911123 15
4 Expenses of adjustment and settlement of losses 13359 54
5 Commissions or brokerage 359361 33
7 Salaries 2530877 and expenses 4537134 of special and
general agents 70680 11
8 Salaries fees and all other charges of officers directors
trustees and home office employees 77514 42
9 Rents 7364 05
10 Advertising 693531 printing and stationery 1408966 21024 97
11 Postage telegrams telephone and express 8860 78
12 Legal expenses 1466 03
13 Furniture and fixtures 1458 05
14 Maps including corrections 5765 21
15 Underwriters boards and tariff associations 19463 67
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 4535 49
17 Inspections and surveys 4712 02
20 State taxes on premiums 27494 05
21 Insurance department licenses and fees 10996 38
22 All other licenses fees and taxes
Federal corporation tax 2504 52
Municipal 9702 08
Total
23 Other disbursements Exchange
38 Agents balances charged off
38 Remitted to home office
39 Gross loss on sale or maturity of ledger assets viz Bonds
12206 60
1806 89
1902 67
158555 13
2715 05
41 Total disbursements 1722365 59
TVLedger Assets
4 Book value of bonds 156151625 and
stocks 36836760 1829883 85
7 Deposits in trust companies and banks on
interest 451898 58
8 Agents balances representing business writ
ten subsequent to October 1 1913 246773 56
9 Agents balances representing business writ
ten prior to October 1 1913 13273 99428 ComptrollerGenerals Beport
10 Bills receivable taken for marine and inland
risks 696 86
12 Other ledger assets viz Supplies 2806 47
16 Total ledger assets 2645313 31
NonLedger Assets
18 Interest accrued on bonds 20396 67
28 Reinsurance due on losses paid 14867 37
30 Gross assets 2680577 35
Deduct Assets Not Admitted
32 Supplies printed matter and stationery 2806 47
34 Agents balances representing business writ
ten prior to October 1 1913 13273 99
35 Bills receivable past due taken for marine
inland and fire risks 80 00
38 Book value of ledger assets over market
value 86251 46
39 Total 102411 92
41 Total admitted assets 2578165 43
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense plus 2849060 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 204959 89
3 Gross claims for losses resisted 13557 00
4 Total 218516 89
5 Deduct reinsurance due or accrued 50950 00
6 Net amount of unpaid losses and claims 167566 89
7 Gross premiums less reinsurance received
and receivable upon all unexired fire risks
249921118 unearned premiums per re
capitulation 1255682 33
8 Gross premiums less reinsurance eash
and bills received and receivable upon
all unexpired inland navigation risks
10001975 unearned premiums fifty
per cent 50009 87
Ocean cargo 100 per cent 12567 75ComptrollerGenerals Report
429
Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired time hulls marine risks 19
24524 unearned premiums 50 per cent 9622 62
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due or ac
crued
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accrued
1327882 57
1200 00
23741 36
3285 94
26 Total amount of all liabilities except capital
27 Deposit capital actually paid up in cash 212000 00
28 Surplus over all liabilities 841888 67
1524276 76
29 Surplus as regards policyholders
30 Total liabilities
Business in Georgia During The Year
2578165 43
Fire Marine
27 Gross risks written 3305208 00 658137 00
Less 885752 risks cancelled and 516373
reinsurance in companies authorized in
Georgia 1237734 00 164391 00
Net risks written 2067474 00
28 Gross premiums on risks written 48460 26
Less 1110696 return premiums and
597287 premiums for reinsurance in
Georgia 15746 65
Net premiums received 32713 61
29 Losses paid deducting salvage 18116 66
Less losses or risks reinsured in companies
authorized in Georgia 2268 03
Net losses paid 15848 63
30 Losses incurred 18834 92
Less losses or risks reinsured in companies
authorized in Georgia 2597 44
Net losses incurred 16237 48
493746 00
3825 14
1333 18
2491 96
3500 00
2250 00
1250 00430
ComptbolleeGenebals Repobt
WILLIAMSBUEG CITY FIEE INSURANCE COMPANY
Geo E Branson President David J Burtis Secretary
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous years 5192299 12
4 Extended at 5192299 12
IIIncome
5 Gross premiums 4229506 20
6 Deduct reinsurance premiums fire 895
38559 return premiums fire 75357527 1648960 86
7 Total premiums other than perpetual 2580545 34
9 Gross interest on mortgage loans 27127 42
10 Gross interest on collateral loans 250 00
11 Gross interest on bonds and dividends on
stocks 171081 29
12 Gross interest on deposits in trust com
panies and banks 4598 77
13 Grossinterest from all other sources 408 37
16 Gross rents from companys property in
cluding 15000 for companys occu
pancy of its own buildings 37n9 48
17 Total gross interest and rents j
18 From other sources Sale of maps
26 Gross profit on sale or maturity of ledger assets viz
Bonds 170911 stocks 4116629 total
207175 33
1154 66
42875 40
28 Total income 2831750 73
IIIDisbursements
1 Gross amount paid policyholders for losses
including 25188607 occurring in pre
vious years 1927034 46
2 Deduct amount received for salvage fire
1446818 reinsurance fire 36272259
discount fire 107621 total 378266 98
CompteollebGenebal s Bepobt
431

10
11
12
13
15
16
17
18
19
20
21
22
24
25
26
27
34
38
39
40
Net amount paid polieyholders for losses 1548767 48
Expenses of adjustment and settlement of losses 45135 27
Commissions or brokerage 958645 56
Salaries T 5223 38
Salaries fees and all other charges of officers directors
trustees and home office employees 66837 89
Bents including 15000 for companys occupancy of its
own buildings 20525 00
Advertising 429459 printing and stationery 1981082 24105 41
Postage telegrams telephone and express 15910 70
Legal expenses 2672 45
Furniture and fixtures 46 81
Underwriters boards and tariff associations 28704 57
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 10260 70
Inspections and surveys 1538 93
Bepairs and expenses other than taxes on real estate 5596 99
Taxes on real estate 940 96
State taxes on premiums 48940 20
Insurance department licenses and fees 14906 65
All other licenses fees and taxes Federal corporation
tax 284 city and county tax 787044 total 7873 28
Premiums on surety bonds 333 75
Sundry expenses 790 86
Collection fees 99 65
Subscription to periodicals 78 00
Paid stockholders for interest or dividends amount de
clared during the year 114000 00
Agents balances charged off 277 94
Gross loss on sale or maturity of ledger assets viz
Bonds 19985 00
Stocks 39316 63
Gross decrease by adjustment in book value of ledger
assets viz Bonds 21600 00
41 Total disbursements 3003114 06
TVLedger Assets
107373 70
563158 86
5000 00
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 154370629 and
stocks 203628202 3579988 31
5 Cash in companys office 2296 25
7 Deposits in trust companies and banks on
interest 362753 10432 CompteolleeGeneeals Eepoet
8 Agents balances representing business
written subsequent to Oct 1 1913 375295 24
9 Agents balances representing business
written prior to Oct 1 1913 i999 70
11 Bills receivable taken for fire risks 24070 63
1G Total ledger assets 5020935 79
NonLedger Assets
17 Interest accrued on mortgages 5747 69
20 Interest due 25000 and accrued 2070435
on bonds 20954 35
19 Interest accrued on collateral loans 125 00
21 Int accrued on 500 shares MaekOny Co
preferred stock sold Dec 17 1913 500 00
24 total 27327 04
27 Other nonledger assets viz Reinsurance due on paid
losses 32727 00
30 Gross assets 5080989 83
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1913 999 70
38 Book value of ledger assets over market
value 207767 31
40 Total 208767 01
41 Total admitted assets 4872222 82
VLiabilities
1 Gross losses adjusted and unpaid 25000 00
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 298518 00
3 Gross claims for losses resisted 15000 00
4 Total 338518 00
5 Deduct reinsurance due or accrued 70902 00
6 Net amount of unpaid losses and claims 267616 00ComptrollerGenerals Eeport
433

7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks 2559049 32
10 Total unearned premiums as computed above 2559049 32
17 Salaries rents expenses bills accounts fees etc duo or
accrued 1000 00
18 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 34000 00
26 Total amount of all liabilities except capital 2861665 32
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 1010557 50
29 Surplus as regards policyholders 2010557 50
30 Total liabilities 4872222 82
VIRisks and Premiums
Premiums Thereon
Fire Risks
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 593227802
2 Written or renewed during the year 409879384
3 Excess of original premiums over
amount received for reinsurance
6241019 59
4229506 20
73568 51
4 Total 1003107186 10544094 30
5 Deduct those expired and marked off as
terminated 408524266 4400999 33
6 In force at the end of the year
7 Deduct amount reinsured
594582920 6143094 97
104552095 1086844 00
8 Net amount in force 490030825 5056250 97
Business in the State of Georgia During the Year
27 Gross risks written 2860944 00
Less 94687900 risks cancelled and 207168 reinsurance
in companies authorized in Georgia 1154047 00
Net risks written
28 Gross premiums on risks written
Less 694564 return premiums and 364507 premiums
for reinsurance in companies authorized in Georgia
Net premiums received
1706897 00
38167 03
10590 71
27576 32434 ComptrollerGenerals Beport
29 Losses paid deducting salvage 27748 19
Less losses on risks reinsured in companies authorized in
Georgia 2183 48
Net losses paid 25564 71
30 Losses incurred 36238 19
Less losses on risks reinsured in companies authorized in
Georgia 2183 48
Net losses incurred 34054 71
YORKSHIRE INSURANCE COMPANY LIMITED OF YORK ENGLAND
UNITED STATES BRANCH
Frank and DuBois United States Managers
ICapital Stock
1 Deposit capital pursuant to
laws of Illinois deposited
in New York State 200000 00
2 Amount of ledger assets as per balance
December 31 of previous years
795983 86
IIIncome
3 Gross premiums 880208 88
4 Deduct reinsurance premiums fire 209
73630 return premiums 17421237
totals 383948 67
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 42347 accrued interest on
bonds acquired during 1913
12 Gross interest on deposits in trust compa
nies and banks
13 Gross interest from all other sources
14 Cleveland Ohio old balance
15 Philadelphia Und Assn
496260 1
24039 03
3777 52
32 84
6 30
17 Total gross interest and rents
24 Remittance from home office
27 Gross profit on sale or maturity of ledger assets viz Bonds
27855 69
12 51
500 00
29 Total income 524628 41ComptrollerGeneral s Eeport
435

IIIDisbursements
1 Gross amount paid policyholders for losses
including 4389075 occurring in pre
vious years 243325 60
2 Deduct amount received for Salvage fire
307939 reinsurance fire 5020833
discount fire 27255 total 53560 27
3 Net amount paid policyholders for losses 189765 33
4 Expenses of adjustment and settlement of losses 3088 86
5 Commissions or brokerage 117193 64
7 Salaries 421750 and expenses 253299 of special and
general agents 6750 49
8 Salaries fees and all other charges of officers directors
trustees and home office employees 43612 11
9 Rents 3704 01
10 Advertising 285731 printing and stationery 555169 8409 00
11 Postage telegrams telephone and express 2632 27
12 Legal expenses 61 33
13 Furniture and fixtures 1948 74
14 Maps including corrections 3118 69
15 Underwriters boards and tariff associations 5265 46
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 5126 17
17 Inspections and surveys 1029 87
20 State taxes on premiums 5677 16
21 Insurance department licenses and fees 3786 91
22 All other licenses fees and taxes
City and county licenses and fees 1042 47
Local taxes and fees 47 99
23 Other disbursements
24 Subscriptions 830 34
25 Bank collections 310 72
26 Premiums on fidelity bonds and insurance on furniture 282 91
28 Electrical work and lettering on doors 183 79
29 Auditing 570 S3
30 Typewriting and night work 220 31
31 Miscellaneous account office supplies stationery ice water
moving etc 1136 96
38 Remitted to home office 730 52
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 320 95
41 Total disbursements 406847 83
IVLedger Assets
4 Book value of bonds 695850 00
5 Cash in companys office San Francisco Cal 50 00
I436
ComptrollerGenerals Eeport
6 Deposit in trust companies and banks not on
interest 1242 94
7 Deposits in trust companies and banks on
interest 114812 91
8 Agents balances representing business writ
ten subsequent to October 1 1913 101078 82
9 Agents balances representing business writ
ten prior to October 1 1913 729 77
16 Total ledger assets 913764 44
NonLedger Assets
18 Interest due on bonds 8152 08
27 Other nonledger assets viz
28 Sundry reinsurance companies loss expense
recoverable Fire reassurance 442
salamandia 442 total 8 84
SO Gross assets 921925 36
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 729 77
38 Book value of ledger assets over market
value 410 00
39 Cash in San Francisco office 50 00
40 Total
41 Total admitted assets
5389 77
916535 59
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 137541
reserve for losses incurrer prior to De
cember 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
6 Net amount of unpaid losses and claims
5703 49
35834 98
1250 00
42788 47
17845 90
24942 57ComptrollebGenebals Eepoet
437
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 61473740 unearned pre
miums per recapitulation
17 Salaries rents expenses bills accounts fees etc due or ac
crued
18 Estimated amount hereafter payable for federal state
other taxes based upon the business of the year of this
statement
26 Total amount of all liabilities except capital
27 Deposit capital actually paid up in cash
28 Surplus over all liabilities
200000 00
311344 89
29 Surplus as regards policyholders
30 Total liabilities
371748 13
500 00
8000 00
405190 70
511344 89
916535 59
VIRisks and Premiums
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 44697693
2 Written or renewed during the year
443037 15
880208 88
4 Total 130135238 1323246 03
5 Deduct those expired and marked off as
terminated 48447508 493619 30
6 In force at the end of the year
7 Deduct amount reinsured
81687730
20483890
829626 73
214889 33
8 Net amount in force 61203840 614737 40
UNITED STATES BRANCH OF THE AACHEN MUNICH FIRE
INSURANCE COMPANY
United States Office 80 Maiden Lane New York
J A Kelsey United States Manager
D B Harris Atlanta Attorney for Service
ICapital Stock
1 Deposit capital pursuant to
laws of Illinois deposited
in New York 200000 00
2 Amount of ledger assets as per balance
December 31 of previous years 2628751 20438 ComptrollerGenerals Keport
IIIncome
3 Gross premiums 1865387 01
4 Deduct reinsurance premiums fire 300
64394 return premiums 31255882
total 613202 76
7 Total premiums other than perpetual 1252 184 25
11 Gross interest on bonds and dividends on
stocks less 254918 accrued interest on
bonds acquired during 1913 88188 32
12 Gross interest on deposits in trust companies
and banks 3094 59
13 Gross interest from all other sources 117 22
17 Total gross interest and rents 91 400 13
24 Remittance from home office 8 535 IS
29 Total income 1352119 56
IIIDisbursements
1 Gross amount paid policyholders for losses
including 12473122 occurring in pre
vious years 749393 90
2 Deduct amount received for Salvage fire
398018 reinsurance fire 15542796
discount fire 41011 total 159818 25
3 Net amount paid policyholders for losses 589 575 65
4 Expenses of adjustment and settlement of losses 22 082 26
5 Commissions or brokerage 274 454 53
6 Allowances to local agencies for miscellaneous agency ex
penses 8 O0
7 Salaries 2478331 and expenses 1978358 of special and
general agents 44566 89
8 Salaries fees and all other charges of officers directors
trustees and home office employees 82 640 56
9 Eents 7o05 40
10 Advertising 331725 printing and stationery 1022136 13538 61
11 Postage telegrams telephone and express 10 281 90
12 Legal expenses 209 go
13 Furniture and fixtures j 968 46
14 Maps including corrections 5481 31
15 Underwriters boards and tariff associations 21340 75
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 15 qs 16
17 Inspections and surveys l296 12
20 State taxes on premiums 20 323 40ComptbollebGeneeals Eepoet 439
21 Insurance department licenses and fees 8439 90
22 All other licenses fees and taxes
Federal corporation tax 1522 01
Municipal licenses and fees 4173 79
County taxes and fees 843 41
Total 6539 21
23 Other disbursements
24 Commercial ratings 1495 00
25 Miscellaneous items 1374 52
26 Total 2869 52
38 Agents balances charged off 266 69
38 Eemitted to home office 101752 45
39 Gross loss on sale or maturity of ledger assets viz Bonds 637 50
41 Total disbursements 1230360 07
IVLedger Assets
4 Book value of bonds 2424958 00
5 Cash in companys office 41 68
6 Deposit in trust companies and banks not on
interest 3982 39
7 Deposits in trust companies and banks on
interest 100050 97
8 Agents balances representing business writ
ten subsequent to Oteober 1 1913 201045 21
9 Agents balances representing business writ
ten prior to October 1 1913 1422 22
11 Bills receivable taken for fire risks 684 03
12 Other ledger assets viz Reinsurance recov
erable on paid losses 18326 11
16 Total ledger assets 2750510 69
NonLedger Assets
18 Interest accrued on bonds 28780 75
30 Gross assets 2779291 44
Deduct Assets Not Admitted
34 Agents balances representing business writ
ten prior to October 1 1913 1422 22
35 Bills receivable past due taken for marine
inland and fire risks 684 03440 ComptbolleeGtenebals Eepobt
38 Book value of ledger assets over market
value 187613 08
40 Total 189719 33
41 Total admitted assets 4 2 589 572 11
VLiabilities
1 Gross losses adjusted and unpaid due 21
34548 not yet due 100317 22348 65
2 Gross claims for losses in process of ad
justment or in suspense plus 10000 re
serve for losses incurred prior to Decem
ber 31 of which no notice had been re
ceived on that date 90 204 04
3 Gross claims for losses resisted 15 345 73
4 Total 127898 45
5 Deduct reinsurance due or accrued 22 990 29
6 Net amount of unpaid losses and claims 104 908 16
7 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks 239506718 unearned pre
miums per recapitulation j 280 001 45
17 Salaries rents expenses bills acocunts fees etc due or ac
crued 3362 78
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 16250 00
19 Contingent commissions or other charges due or accrued 10 196 67
26 Total amount of all liabilities except capital i4i4 719 06
27 Deposit capital actually paid up in cash 200000 00
28 Surplus over all liabilities 974 853 05
29 Surplus as regards policyholders 1 174 853 05
30 Total liabilities 2589572 11
VIBisks and Premiums
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 259769733 00 2606020 46
2 Written or renewed during the year 189528398 00 1865387 01
4 Total449298131 00 4471407 47CoMPTROLLEKGrENEEAIiS EePOET 441
5 Deduct those expired and marked off as
terminated 156595040 00 1632715 57
6 In force at the end of the year292603091 00 2838691 90
7 Deduct amount reinsured 44424952 00 443624 71
8 Net amount in force 248178139 00 2395067 19
Businesss in the State of Georgia During the Year
27 Gross risks written 4892488 00
Less 1025114 risks cancelled and 1312316 reinsurance
in companies authorized in Georgia 2337430 00
Net risks written 2555058 00
28 Gross premiums on risks written 56685 85
Less 1029601 return premiums and 1396788 premiums
for reinsurance in companies authorized in Georgia 24263 89
Net premiums received 32421 96
29 Losses paid deducting salvage 25250 66
Less losses on risks reinsured in companies authorized in
Georgia 6604 07
Net losses paid 18646 59
30 Losses incurred 22554 34
Less losses on risks reinsured in companies authorized in
Georgia 5123 47
Net losses incurred 17430 87LIFE INSURANCE COMPANIES
M
1
2
4
5
ETNA LIFE INSURANCE COMPANY OF HARTFORD CONN
G Bulkeley President 0 E Gilbert Secretary
W E Hawkins Attorney for Service in Georgia
ICapital Stock
Amount of capital paid up
in cash 2000000 00
Amount of ledger assets as per balance
December 31 of previous year 96546684 34
Extended at 96545684 34
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 790773 for first
years reinsurance 1434278 27
Surrender values applied to pay first years
premiums 42323 80
10
11
12
13
14
16
17
IS
Total first years premiums on original
policies 1476602 07
Dividends applied to purchase paid up ad
ditions and annuities 11585 00
Surrender value sapplied to purchase paid
up insurance and annuities 269019 75
Consideration for original annuities in
volving life contingencies 82121 60
Consideration for supplementary contracts
involving life contingencies 21304 00
Total new premiums
Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 7
86101 for reinsurance ot renewals 9500850 66
Dividends applied to pay renewal premiums 599590 87
Surrender values applied to pay renewal
premiums i3j689 74
Renewal premiums for deferred annuities 3735 51
1860632 42
Total renewal premiums io 117 866 78ComptrollerGeneral s Eeporx
44c
19 Extra premiums for total and permanent disability bene
fits 4637900 and for additional accidental death
benefits
46379 00
20 Total premium income
21 Consideration for supplementary contracts not involving
life contingencies
22 Dividends left with the company to accumulate at in
terest
24 Gross interest on mortgage loans less
53442 accrued interest on mortgages
acquired during 1913 2593391 95
25 Gross interest on collateral loans 55528 09
26 Gross interest on bonds and dividends on
stocks less 1289923 accrued interest
on bonds acquired during 1913 1808357 90
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
32 Gross discount on claims paid in advance
33 Gross rent from companys property in
cluding 3500000 for companys occu
pancy of its own buildings
82216 00
195423 59
619615 90
65442 84
2644 77
46784 16
34 Total gross interest and renis
35 From other sources Investment expense account
42 Gross profit on sale or maturity of ledger assets viz
Eeal estate 1914691 bonds 227880 stocks 256
88275 total
43 Gross increase by adjustment in book value of ledger
assets viz Real estate 1896569 bonds 55482851
stocks 79949144 total
45854 76
278308 46
1373285 64
44 Total income 19191732 26
IIIDisbursements
1 For death claims less 1299700 reinsur
ance 4053420 87
2 For matured endowments 2579518 00
3 For total and permanent disability claims 985 84
4 Net amount paid for losses and matured endowments 6633924 71
5 For annuities involving life contingencies 45306 14
7 Surrender values paid in cash or applied in liquidation
of loans or notes 2317412 62
6 Surrender values applied to pay new premiums 42
32380 to pay renewal premiums 1368974 56013 54444
ComptrollerGeneral s Report
9 Surrender values applied to purchase paidup insurance
and annuities 269019 75
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 705629 81
11 Dividends applied to pay renewal premiums 599590 87
13 Dividends applied to purchase paid up additions and an
nuities 11585 00
14 Dividends left with the company to accumulate at interest 195423 59
15 Total paid policyholders 10833906 03
16 Expenses of investigation and settlement of policy
claims including 231308 for legal expenses 2637 11
17 Paid fox claims on supplementary contracts not involving
life contingencies 44321 92
18 Dividends 11061240 and interest 1721009 thereon
held on deposit surrendered during the year 127822 49
19 Paid stockholders for interest or dividends 200000 00
20 Commissions to agents less commissions on reinsurance
First years premiums 56374536 renewal premiums
53879800 annuities original 475338 renewal
15047 total 1107447 21
21 Commuted renewal commissions 7 114 08
23 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 74038 50
24 Branch office expenses including salaries of managers
and clerks not included in item 22 153 329 42
25 Medical examiners fees 8507950 inspection of risks
1727753 102357 03
26 Salaries and all other compensation of officers directors
trustees and home office employees 413 597 16
27 Eent including 2500000 for companys occupancy of its
own buildings 92196 69
28 Advertising 1351491 printing and stationery 75
31282 postage telegraph telephone and express 64
18533 exchange 172332 total 154736 38
29 Legal expenses not included in item 16 5 114 70
30 Furniture fixtures and safes 14 444 08
31 Eepairs and expenses other than taxes on real estate 25512 78
32 Taxes on real estate 15 087 12
33 State taxes on premiums 139 593 79
34 Insurance department licenses and fees 9 570 59
35 All other licenses fees and taxes Federal corporation
tax 812179 tax on capital stock 6752474 valua
tion of policies 340798 publication fees 125974
tax on reserves 916225 local license or property tax
19749685 total 286973 3539
46
47
48
49
1
2
3
4
5
ComptbolleeGeneeals Report 445
Other disbursements Investment expense account 42
37516 sundries 40120 incidentals 814753 mem
bership in Association of Life Insurance Presidents
233050 home office travel 420277 profit and loss
28000 book papeTs and subsc 51685 expense on
real estate during foreclosure 32448 total 58578 49
Agents balances charged off 1203 70
Gross loss on sale or maturity of ledger assets viz
Real estate 202010 bonds 712785 stocks 181
58475 total 190732 70
Gross decrease by adjustment in book value of ledger
assets viz Bonds 91476967 stocks 3551181 950281 48
7
8
9
10
Total disbursements 15010496 80
IVLedger Assets
Book value of real estate 557452 91
Mortgage loans on real estate 53697792 47
Loans secured by pledge of bonds stocks
or other collateral 1301479 97
Loans made to policyholders on this com
panys policies assigned as collateral 10031184 92
Premium notes on policies in force of
which 331671 is for first years prem
iums 114760 85
Book value of bonds 2693270776 am
ortized value 2749590572 and
stocks 480000022 31732707 98
Cash in companys office 8972 57
Deposits in trust companies and banks not
on interest 1167053 83
Deposits in trust companies and banks on
interest 2076917 01
Bills receivable 66225 agents balances
debit 5610084 credit 826580 net
4783504 total 48497 29
12 Total ledger assets100726819 8ff
NonLedger Assets
13 Interest due 2543699 and accrued 1
51659208 on mortgages 1542029 07
14 Interest due 585883 and accrued 396
29061 on bonds 402149 44
15 Interest accrued on collateral loans 25929 42
16 Interest on premium notes policy loans or
liens 156265 40446
ComptrollerGeneral s Report
17 Interest accrued on other assets Bank
deposits 1466 43
20 Eents accrued on companys property or
lease 250 00
27 Totals 91603 94 1226495 22
28 Deduct loading 13284 67 212505 12
151 00
21 Total interest and rents due and accrued 2128089 76
23 Market value not including interest in item 14 of
bonds and stocks over book value 960291 60
24 Due from other companies for losses or claims on policies
of this company reinsured National Life Insurance
Company
25 Gross premiums due and
unreported on policies in
force Dec 31 1913 less
reinsurance premiums 17587 00 768706 59
26 Gross deferred premiums
on policies in force Dec
31 1913 less reinsurance
premiums 74016 94 457788 63
9 Net amount of uncolleeted
and deferred premiums 78319 27 1013990 10 1092309 37
35 Gross assets 104907661 53
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
56100 84
662 25
224 02
Total
56987 11
44 Admitted assets life business 104850674 42
45 Admitted assets accident health and liability business 9106323 03
46 Total admitted assets
113956997 45
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31 day of Dec 1913 as computed by the Com
pany on the following tables of mortality and rates
of interest vizComptrollerGeneral s Report
447
2 American Experience table at 3 per cent
on entire non participating class and on
participating class issued prior to 1901 57123269 00
3 American experience table at 3 per ct on
participating class issued in 1901 and
subsequently 31441284 00
Same for reversionary additions
Net present value of annuities including
those in reduction of premiums viz
McClintocks Annuitants 3y2 per cent
on business issued prior to 1900 Mc
Clintoeks Annuitants 3 per cent and
American Experience 3 per cent on
business issued in 1910 and subsequently
Also supplementary contracts involving
life contingencies
28119 00
487397 00
126333 00
Total 89206402 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 30845 00
89175557 00
7 Extra reserve for total and permanent dis
disability benefits 159381 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
12 Claims for death losses in process of ad
jutment or adjusted and not due 120852 00
13 Claims for death losses reported for which
no proofs have been received 62688 00
14 Reserve for net death losses incurred but
unreported 100000 00
15 Claims for matured endowments due and
unpaid 59433 00
16 Claims for death losses and other policy
claims resisted by the company 90238 47
17 Claims for total and permanent disability
benefits 1080 00
18 Due and unpaid on annuity claims involv
ing life contingencies 215 97
19 Total policy claims
20 Due and unpaid on supplementary contracts not involv
ing life contingencies
483153 Off
8450 17
434507 44
150 00448
ComptrollerGeneral s Eeport
21 Dividends left with the company to accumulate at in
terest thereon
22 Premiums paid in advance including surrender values
so applied
23 Unearned interest and rent paid in advance
24 Commissions due to agents on premium notes when paid
71249 other contingent commissions 222043
25 Commissions to agents due or accrued
26 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners fees 1126250 and legal fees 500
due or accrued
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
36 Amounts set apart apportioned provisionally ascertain
ed calculated declared or held awaiting apportion
ment upon deferred dividend policies not included in
item 35 1003270 32
38 Reserve under renewable term and sub standard contracts 795 702 00
9U7238 06
35183 93
269256 02
2932 92
3461 45
23398 64
25717 67
11267 50
468424 60
101608 43
924636 00
478319 09
39 Liabilities life business 95 311 615 24
42 Total liabilities accident health and liability business 5619755 18
44 Capital stock 4000000 00
45 Unassigned funds surplus 9025627 03
46 Total surplus as regards policyholders 13 025
627 03
48 Total liabilities life accident health and other business 113956997 45
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 4097 8007583 31ComptrollerGenerals Eepoet 449
18 Policies on the lives of citizens of said state issu
ed during the year 915 1660359 58
19 Total 5012 9667942 89
20 Deduct ceased to be in force during the year 669 1093297 59
21 Policies in force December 31 4343 8574645 30
22 Losses and claims unpaid Dec 31 of previous year 4 7582 00
32 Losses and claims incurred during the year 66 177384 00
24 Total 70 184966 00
25 Lossces and claims settled during the year in cash
17007510 by compromise 30890 64 170384 00
26 Losses and claims unpaid Dec 31 6 14582 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 254631 43
AMERICAN CENTRAL LIFE INSURANCE COMPANY
Herbert M Woollen President Carroll B Carr Secretary
William A Wright Attorney for Service
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 3401096 22
4 Extended at 3401096 22
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 136249 for first
years reinsurance 188877 99
6 Surrender values applied to pay first years
premiums 861 25
7 Total first years premiums on original pol
icies 189739 24450 CompteolleeGenebals Kepobt
8 Dividends applied to purchase paidup addi
tions and annuities 99 83
9 Surrender values applied to purchase paidup
insurance and annuities 21 793 30
12 Total new premiums 211 632 37
13 Renewal premiums in addition to items 14
1G and 17 without deduction for com
missions or other expenses less 720009
for reinsurance on renewals 801923 39
14 Dividends applied to pay renewal premiums 3642 69
16 Surrender values applied to pay renewal
premiums 178 31
18 Total renewal premiums 805 744 39
19 Extra premiums for total and permanent and disability ben
efits 498 28
20 Total premium income 1 017 875 04
21 Consideration for supplementary contracts not involving life
contingencies 4 217 35
22 Dividends left with the company to accumulate at interest 460 78
24 Gross interest on mortgage loans less 3
60669 accrued interest on mortgages ac
quired during 1913 115151 46
27 Gross interest on premium notes policy
loans or liens 55834 64
28 Gross interest on deposits in trust companies
and banks lj995 2g
30 Agents debit balances 81 85
33 Gross rent from companys property includ
ing 712496 for companys occupancy of
its own buildings 37 541 82
34 Total gross interest and rents 210 705 06
35 From other sources
36 From premium debtor balance charged off 204 62
37 Policy coupons 734 27
38 Insureds personal benefit fund 4 165 82
40Total 510471
44 Total income 12S8863 04
IHDisbursements
1 For death claims 195n8 Q1
6 Premium notes and liens voided by lapse less 22967 res
torations 6022 S3ComptrollerGenerals Report
451
7 Surrender values paid in cash or applied in liquidation of
loans or notes 114398 32
8 Surrender values applied to new premiums 86125 to pay
renewal premiums 17831 1039 56
9 Surrender values applied to purchase paidup insurance and
annuities 21793 30
10 Dividends paid to polieyholders in cash or applied in liqui
dation of loans or notes 2004 22
11 Dividends applied to pay renewal premiums 3642 69
13 Dividends applied to purchase paidup additions and annui
ties 99 83
14 Dividends left with the company to accumulate at interest 460 78
15 Total paid polieyholders 345179 54
16 Expense of investigation and settlement of policy claims in
cluding 75655 for legal expenses 887 46
17 Paid for claims on supplementary contracts not involving
life contingencies 1150 00
18 Coupons and interest thereon held on deposit surrendered
during the year 65 34
19 Paid stockholders for interest or dividends 10960 00
20 Commissions to agents First years premiums 143
08701 renewal premiums 4820522 191292 53
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 975 00
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 35919 69
24 Branch office expenses including salaries of managers and
clerks not included in item 22 6593 79
25 Medical examiners fees 1385810 inspection of risks 4
91846 18776 56
26 Salaries and all other compensation of officers directors
trustees and home office employees 70759 89
27 Eent including 712496 for companys occupancy of its
own buildings 7969 96
28 Advertising 525189 printing and stationery 1316116
postage telegraph telephone and express 535201 ex
change 39080 total 24155 86
29 Legal expense not included in item 16 6333 03
30 Furniture fixtures and safes 2666 90
31 Repairs and expenses other than taxes on real estate 13746 51
32 Taxes on real estate 4343 43
33 State taxes on premiums 15158 26
34 Insurance department licenses and fees 4254 63
35 All other licenses fees and taxes Federal corporation tax
68550 municipal etc 41888 personal property tax
59021 total 1694 59
39 Other disubrsements Premium debtor charged off 61916
consulting actuaries 600 premium surety bonds 1452
ComptrollerGenerals Eeport
10349 officers traveling expenses 473313 agency
meetings 346586 miscellaneous expenses 143318
reinstatement expenses 142419 investiment fees
6083 books and magazines 77496 total 14 214 80
46 Agents balances charged off 2 847 62
49 Total disbursements 779 945 39
VIRisks and Premiums
1 Book value of real estate 441 958 84
2 Mortgage loans on real estate first liens 2283470 25
3 Loans secured by pledge of bonds stocks or
other collateral 1065995 95
4 Loans made to policyholders on this com
pany s policies assigned as collateral 7779 49
7 Cash in companys office 1 098 05
9 Deposits in trust companies and banks on
Merest 54427 06
10 Agents balances debit 705953 credit
57987 net 647965 premium bal
ance debit 14634 credit 84156
net credit 69522 total 5784 43
12 Total ledger assets 3859514 07
NonLedger Assets
13 Interest due 30550 and accrued 44
76752 on mortgages 45073 02
16 Interest accrued on premium notes 145 15
17 Interest accrued on bank balances 378 29
20 Rents due on companys property or lease 520 00
21 Total interest and rents due and accrued 46 116 46
22 Market value of real estate over book value 76o41 16
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 9253 39 59865 51
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance premiums 34 614 50
27 Totals 9253 39 94480 01
28 Deduct loading 4176 00 9602 87
ComptrollerGenerals Eeport
453
29 Net amount of uneollected
and deferred premiums 5077 39 84877 14 89954 53
30 All other assets Fire and liability premiums in advance 2774 97
31 Furniture and fixtures 15593 70
35 Gross assets 4089994 89
Deduct Assets Not Admitted
37 Furniture fixtures and safes 15593 70
38 Agents debit balances gross 7059 52
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 8721 23
44 Premium debit balances 146 34
45 Total 31520 79
46 Admitted assets 4058474 10
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
1 Actuaries table at 4 per cent on all issues prior to Janu
ary 1 1908 except two forms of policies 2180067 61
2 American experience table at 3 per cent
on all policies since January 1 1908 and
two forms prior 1336158 05
Same for reversionary additions 99 02
Total 1336257 07
5 Net present value of annuities including those in reduction
of premiums viz Actuaries table at 4 per cent to
cover deficient premiums 1246 85
Total 3517571 53
6 Deduct net value of risks of this company reinsured in other
solvent companies 9198 74
Total 3508372 79
7 Extra reserve for total and permanent disability benefits 498 28
8 Net reserve 3508871 07
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
company 6215 07454
CompteolleeGenebals Bepobt
13 Claims for death losses reported for which
no proofs have been received 9000 00
14 Eeserve for net death losses incurred but un
reported 2000 00
27
28
29
19 Total policy claims 11000 00
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 467 69
22 Premiums paid in advancve including surrender values so
applied 5261 78
23 Unearned interest and rent paid in advance 27638 98
24 Commissions due to agents on premium notes when paid 388 97
25 Commissions to agents due or accrued 78 57
26 Cost of collection on uncollected and deferred premiums
in excess of the loading thereon 219 41
Salaries rents office expenses bills and accounts due or ac
crued 2661 79
Medical examiners fees and legal fees due or accrued 179 50
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 13323 34
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 540 51
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 1 839 77
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 72 20
38 Special surplus to cover possible unknown liabilities 47562 43
41 All other liabilities Insureds personal benefit fund 9
78682 policy coupons 178135 state county and mu
nicipal taxes due or accrued 556960 total 17137 77
45 Total 3643458 45
46 Capital stock 137000 00
47 ITnassigned funds surplus 278 015 65
48 Total 4058474 10
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 22190 00
18 Policies on the lives of citiens of said State issued during
the year 18510 00
19 Total 40700 00
20 Deduct ceased to be in force during the year 14000 00ComptrollerGenerals Report 455
21 Policies in force December 31 26700 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 990 00
AMERICAN NATIONAL INSURANCE COMPANY
Home Office Galveston Texas
W L Moody Jr President L H Collier Secretary
J B Daniell Attorney for Service
IBalance Sheet
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1782561 69
4 Extended at 1782561 69
IIIncome
5 First years premium on original policies without deduction
for commissions or other expenses less 512764 for first
years reinsurance 183951 53
8 Dividends applied to purchase paidup addi
tions and annuities 5481 94
9 Surrender values applied to purchase paidup
insurance and annuities 3102 35
12 Total new premiums 192535 82
13 Renewal premiums in addition to items 13
16 and 17 without deduction for com
missions or other expenses less 266700
for reinsurance on renewals 1007783 86
14 Coupons applied to pay renewal premiums 348 23
16 Surrender values applied to pay renewal pre
miums 1157 25
18 Total renewal premiums 1009289 34
19 Extra premiums for additional accidental death benefits in
cluded in life policies 4062 98
20 Total premium income 1205888 14
22 Coupons left with the company to accumulate at interest 1641 30
23 Ledger assets other than premiums received from other
companies for assuming their risks 23018 35456
ComptrollerGenerals Eeport
24 Gross interest on mortgage loans less 1
72388s accrued interest on mortgages ac
quired during 1913
26 Gross interest on bonds and dividends on
stocks less 224547 accrued interest on
bonds acquired during 1913
27 Gross interest on premium notes policy loans
or liens
28 Gross interest on deposits in trust companies
and banks
33 Gross rent from companys property includ
ing 2400 for companys occupancy of
its own buildings
90023 80
5644 03
10423 57
3984 99
6504 46
34 Total gross interest and rents
35 From other sources
36 Agents cash bonds received
37 Received from other cos other than ledger
assets
116480 85
450 00
26913 84
27363 84
1958 15
40 Total from other sources
42 Gross profit on sale or maturity of ledger assets viz Stocks
42 Gross increase by adjustment in book value of ledger as
sets viz Real estate 242 485 65
From accident stmt g21 722 29
44 Total income
2240558 57
IIIDisbursements
1 For death claims 38211156 additions
155 3
3 For total and permanent disability claims
382266 56
100 00
4 Net amounts paid for losses and matured endowments
5 For annunities involving life contingencies
6 Premium notes and liens voided by lapse less 140 restora
tions
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
9 Surrender values applies to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Coupons applied to pay renewal premiums
12 Advisory board and special inspectors compensation
13 Dividends applied to purchase paidup additions and annui
ties
382366 56
3900 00
372 07
27203 80
1157 25
3102 35
317 59
348 23
9072 99
5481 94CompteolleeGenerals Keport 457
14 Coupons left with the company to accumulate at interest 1641 30

15Total paid policyholders 434964 08
16 Expense of investigation and settlement of policy claims in
cluding 226918 for legal expense 2764 78
18 Coupons and interest thereon held on deposit surrendered
during the year 168 88
19 Paid stockholders for interest or dividends 25000 00
20 Commissions to agents First years premiums1 142
69183 renewal premiums 11885727 annuities orig
inal 300 total 261829 10
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 21254 46
23 Agency supervision and traveeling expenses of supervisors
except compensation for home office supervision 25608 20
24 Branch office expenses including salaries of managers and
clerks not included in item 22 159974 45
25 Medical examiners fees 4410827 inspection of risks
459678 48705 05
26 Salaries and all other compensation of officers directors
trustees and home office employees 72989 34
27 Eent including 2400 for companys occupancy of its own
buildings 22249 07
28 Advertising 662934 printing and stationery 1731826
postage telegraph telephone and express 972187 ex
change 333 34002 47
29 Legal expense not included in item 16 5164 66
30 Furniture fixtures and safes 7392 86
31 Repairs and expenses other than taxes on real estate 4845 33
32 Taxes on real estate 677 35
33 State taxes on premiums 8005 47
34 Insurance department licenses and fees 5219 87
35 All other licenses fees and taxes Federal corporation tax
16114 municipal in various states 289985 total 3060 99
39 Other disbursements Petty office expense 41910 in
vestment expense 189179 bond fees 78665 interest
paid on Cuban bonds 99996 interest paid on agents
cash bonds 6033 printing plant expenses 178803
examination and audit 195485 commissions on rents
200 paid other commissions account reinsurance their
risks 3570311 agents cash bonds returned 595
total 44398 82
46 Agents balances charged off 6916 11
47 Gross loss on sale or maturity of ledger assets viz Bonds 1045 00
From account stmt 401655 09
49 Total disbursements 1597892 43458
CoMPTROLLERGrENERAL s BEPORT
IVLedger Assets
1 Book value of real estate 778700 00
2 Mortgage loans on real estate first liens 1034670 70
3 Loans secured by pledge of bonds stocks or
other collateral 198693 76
5 Premium notes on policies in force 556 20
6 Book value of bonds 21302037 and
stocks 7959454 total 292614 91
7 Cash in companys office 25 00
8 Deposits in trust companies and banks not
on interest 90700 76
9 Deposits in trust companies and banks on
interest 146 18
10 Agents balances debit 26840 33
11 Printing plant 2279 99
12 Total ledger assets 2425227 83
NonLedger Assets
13 Interest due 830657 and accrued 49
834 on mortgages 58140 77
14 Interest accrued on bonds 3 025 00
20 Bents due on companys property or lease 188250 00
21 Total interest and rents due and accrued
23 Market value not including interest in Item 14 of bonds
and stocks over book value
25 Gross premiums due and unreported on pol
icies in force December 31 1913 less re
insurance premiums 27361 21
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 22856 09
27 Totals
28 Deduct loading
50217 30
12863 19
29 Net amount of uncollected and deferred premiums
31 Premiums actually collected and in transmission to home
office December 31 1913 less agents commissions
33 Industrial policy loans within recurrence
34 From account stmt
63048 27
11815 96
37354 11
19562 48
2127 18
12462 13
35 Gross assets 2571597 96CompteollebGeneeals Bepobt 459
Deduct Assets Not Admitted
38 Agents debit balances 26840 33
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of the
net value of their policies 2202 89
44 Real estate 2000 00
45 Total 31043 22
46 Admitted assets 2540554 74
VLiabilities Surplus and other Funds
Net value of all the outstanding policies in force on the
31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
1 Full level premium Amer Ex 3 per cent 393529 00
2 American experience table at 3 per cent on full preliminary
term 148576 00
3 American Exp table at 3 per cent on full preliminary
term 270530 00
4 Other tables and rates viz
Amer Exp 3 per cent Illinois standard 232143 00
Paid up and ext ins Amer exp 3 per cent 23863 00
Paid up and ext ins Amer expr 3 per cent including
additions 16714 00
Industrial Amer exp 3 per cent N Y rule 567556 00
5 Amer exp 3y2 per cent 30967 00
Total 1683878 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 3965 00
Total 1679913 00
7 Extra reserve for total permanent disability benefits 3211
and for additional accidental death benefits 2042 in
cluded in life policies 5253 00
8 Net reserve 1685166 00
12 Claims for death losses in process of adjustment or ad
justed and not due 2000 00
13 Claims for death losses reported for which no proofs have
been reecived 9170 00
19 Total policy claims 11170 00
21 Coupons left with the company to accumulate at interest and
accrued interest thereon 1641 30
460 CompteollebGeneeal s Eepoet
22 Premiums paid in advance including surrender values so ap
Plied 2967 86
23 Unearned interest and rent paid in advance 4 157 46
27 Salaries rents office expenses bills and accounts due or
accrued 2867 10
28 Medical examiners fees 1 394 qq
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 6000 00
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums special compensation 8 372 97
38 Extra reserve on Cuban business 1 201 00
42 Agents cash bonds g25 00
44 Erom accident statement 19 035 77
46 Capital stock 250000 00
47 Unassigned funds surplus 545 ggg 28
48 Total 2540554 74
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 4631 1963735 00
18 Policies on the lives of citizens of said State issued
during the year37285 6954373 00
19 Total 41916 8918108 00
20 Deduct ceased to be in force during the year 3328 1 718 390 00
21 Policies in force December 3138588 7199718 00
22 Losses and claims unpaid December 31 of previous
year 1 2000 00
23 Losses and claims incurred during year 386 55 341 71
24 Total 387 57341 71
25 Losses and claims settled during the year in cash
by compromise 52 941 71
26 Losses and claims unpaid December 31 4 4 400 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 133375 96CompteolleeGenebals Eepoet
461

ATLANTIC LIFE INSURANCE COMPANY
Edmund Strudwick President Charles G Taylor Jr Secretary
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 1787353 30
4 Extended at 1787353 30
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 578946 for first
first years reinsurance 166482 02
8 Dividends applied to purchase paid up ad
ditions and annuities 144 61
9 Surrender values applied to purchase paid
up insurance and annuities 14907 10
11 Consideration for supplementary contracts
involving life contingencies 23496 93
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 33
76140 for reinsurance on renewals
14 Dividends applied to pay renewals prem
iums
205030 66
534359 59
15150 58
IS Total renewal premiums 549510 17
20 Total premium income
22 Dividends left with the company to ac
cumulate at interest
23 Ledger assets other than premiums receiv
ed from other companies for assuming
their risks
24 Gross interest on mortgage loans less
51028 accrued interest on mortgages
acquired during 1913
25 Gross interest on collateral loans
754540 83
19950 79
105 00
82454 88
275 83462
ComptkollekGeneeals Eepokt
26 Gross interest on bonds and dividends on
stocks less 12984 accrued interest on
bonds acquired during 1913
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
29 Gross interest on other debts due the com
pany IntereslTon agents advances
33 Gross rent from companys property
34 Total gross interest and rents
35 From other sources Sale of furniture and fixtures
37 Medical examiners fees refunded
42 Gross profit on sale or maturity of ledger assets viz
Real estate
44 Total income
6901 44
17242 63
2934 24
155 43
86 81
110051 26
470 65 10 00
184 02
885312 55
IIIDisbursements
1 Tor death claims less 2081900 re
insurance 136647 08
3 For total and permanent disability claims 93 96
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation
of loans or notes
9 Surrender values applied to purchase paid up insurance
and annuities
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paid up additions and an
nuities
14 Dividends left with the Company to accumulate at in
terest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
including 97803 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
136741 04
1230 00
4502 21
45270 13
14907 10
1410 87
15150 58
144 61
19950 79
239307 33
978 03
S00 00
5144 52CompteollebGenebals Repobt
463
20 Commissions to agents less commission on reinsurance
First years premiums 9965783 renewal premiums
3330154
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 1623856 inspection of risks
389681 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent
28 Advertising 683379 printing stationery 1175461
postage telegraph telephone and express 372786
exchange 63009
29 Legal expense not included in item 16
30 Furniture fixtures and safes
33 State taxes on premiums
34 Insurance department licenses and fees
37 State county and municipal taxes
39 Other disbursements Miscellaneous expenses 682808
miscellaneous traveling expenses 102503 suspense
credit paid during year 6773 total
47 Gross loss on sale or maturity of ledger assets viz Eeal
estate 658 bonds 2000 stocks 112000 total
49 Total disbursements
IVLedger Assets
1 Book value of real estate 3674 31
2 Mortgage loans on real estate first liens
142189644 other than first liens 18
10033 total 1439996 77
3 Loans secured by pledge of bonds stocks
or other collateral 8000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 245447 83
5 Premium notes on policies in force of
which 23100 is for first years premiums 46251 62
6 Book value of bonds 16324743 and
stocks 5752150 220768 93
7 Cash in companys office 9118 17
8 Deposits in trust companies and banks not
on interest 19854 36
9 Deposits in trust companies and banks on
interest 134270 63
10 Agents balances debit 882485 credit
19713 8627 72
132959 37
25135 08
300 00
20135 37
39152 90
3618 39
22946 35
3114 53
1501 09
8118 61
1670 11
6996 98
7920 84
1140 58
520946 08464
ComptkollehGeneeals Eepoet
11 Deposit with Insurance Commissioner of
Texas 150000 commuted renewal
comn of 1020943 furniture and fix
tures 400000
15709 43
12 Total ledger assets
2151719 77
NonLedger Assets
13 Interest due 36649 and accrued 27
74072 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest on premium notes policy loans or
liens
17 Interest accrued on other assets Bank
balances
28107 21
2057 91
50 00
460 20
295 73
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
25 Gross premiums due and unreported on policies in force
Der 31 1913 less reinsurance premiums
26 Gross deferred premiums on policies in force Dec 31
1913 less reinsurance premiums
30971 05
425 69
4341 07
46335 78
11867 40
27 Totals
28 Deduct loading
58203 18
10127 25
29 Net amount of uncollected and deferred premiums
35 Gross assets
48075 93
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Commuted commissions 1020943 agents
debit balances gross 882485 total
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
4000 00
19034 28
7864 32
46 Admitted assets
2204 634 91
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
Bureau of Insurance on the following tables of mor
tality and rates of interest vizComptrollerGenerals Report 465
1 Actuaries table at 4 per cent on pols
issued in 19100 and 1901 230597 68
2 American Experience table at 3 per cent
on reinsured policies 3336 33
3 American Experience table at 3 per cent
on issues subsequent to 1901 except
items 4 1437581 76
Same for reversionary additions 967 00
4 Other tables and rates viz American Ex
perience 4 per cent 808 23
5 Net present value of annuities including
those in reduction of premiums Am
Exp 3y2 per cent 45571 00
Total 1718862 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 47766 00
8 Net reserve 1671096 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the 10304 00
13 Claims for death losses reported for which
no proofs have been received 6193 00
16 Claims for death losses and other policy
claims resisted by the company 6000 00
19 Total policy claims 12193 00
21 Dividends left with the company to accumulate at
interest and accrued interest thereon 65277 80
22 Premiums paid in advance including surrender values so
applied 1452 74
23 Unearned interest and rent paid in advance 5714 19
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 9468 27
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 500 00
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 22888 85
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 2575 25
45 Total 1801470 10
466 ComptrolleeGtenebals Keport
46 Capital stock 300000 00
47 Unassigned funds surplus 103 164 81
48 Total 2204634 91
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 319 547786 00
18 Policies on the lives of citizens of said state
issued during the year 9 14 oqO 00
19 Total 328 561786 00
20 Deduct ceased to be in force during the year 94 148 000 00
21 Policies in force December 31 234 413 786 00
23 Losses and claims incurred during year 1 1000 00
25 Losses and claims settled during the year 1 1000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends com
missions or other expenses 13 329 34
THE BANKERS RESERVE LITE COMPANY
Home Office Omaha Nebraska
B H Robison President R c Wagner 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 3681331 85
4 Extended at 3681331 85
IIIncome
5 First years premiums on original policies without deduction
for commissions or other expenses less 86441 for first
years reinsurance 181 714 61
8 Dividends applied to purchase paidup additions and annui
ties 18254 58
12 Total new premiums 199 969 13ComptrollebGenebal s Eepobt
467
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 564199
for reinsurance on renewals
14 Dividends applied to pay renewal premiums
869542 07
110759 27
18 Total renewal premiums
21 Consideration for supplementary contracts not involving
life contingencies
24 Gross interest on mortgage loans less
45561 accrued interest on mortgages
acquired during 1913 50413 38
26 Gross interest on bonds less 155325 ac
crued interest on bonds acquired during
1913 93608 74
27 Gross interest on premium notes policy
loans or liens 4339562
28 Gross interest on deposits in trust compa
nies and banks 3130 30
34 Total gross interest
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds
30301 34
1202 89
196548 04
1377 00
44 Total income 1379398 46
IIIDisbursements
1 For death claims less 7500 reinsurance 17951525 ad
ditions 360
6 Premium notes and liens voided by lapse less 508709
restorations
7 Surrender values paid in cash or applied in liquidation of
loans or notes
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and annui
ties
14 Dividends left with the company to accumulate at interest
16 Expense of investigation and settlement of policy claims
19 Paid stockholders for dividends
20 Commissions to agents less commission on reinsurance
First years premiums 13734655 renewal premiums
1929356 total
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
25 Medical examiners fees 1359950 inspection of risks
534550 total
179875 25
7563 02
99977 15
461 62
110759 27
18254 5S
1202 89
1182 45
10000 00
156640 11
37525 36
18945 00468
ComptrollerGenerals Eeport
26 Salaries and all other compensation of officers directors
trustees and home office employees 65 306 40
27 Rent 5179 02
28 Advertising 646663 printing and stationery 743635
postage telegraph telephone and express 664070 ex
change 87215 total 21 415 g3
29 Legal expense not included in item 16 2 924 64
30 Furniture fixtures and safes 1 155 gg
33 State taxes on premiums 17 ggl 35
34 Insurance department licenses and fees 3 46O 23
36 Federal corporation tax 2 008 40
40 Suspense items 9739 loss and gain 27353 total 370 92
41 Office expense 3 Qg2 gi
42 Investment expense j 390 ng
43 Premiums on Fidelity bonds 2 346 25
44 Actuarial expense ggg gg
45 Traveling expense 1 293 49
46 Agents balances charged off 144 02
47 Gross loss on sale or maturity of ledger assets viz Bonds 50 00
48 Gross decrease by adjustment in book value of ledger as
sets viz Bonds including 1520588 for amortization
of premium 15j205 gg
49 Total disbursements 4 7g0 992 53
IVLedger Assets
2 Mortgage loans on real estate 1038800 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 758776 54
5 Premium notes on policies in force 70157 37
6 Book value of bonds 2 254 831 75
7 Cash in companys office 136 68
9 Deposits in trust companies and banks on
interest 151718 74
10 Agents balances debit 89876 credit
88226 net 16 50
12 Total ledger assets 4 274 437 7g
NonLedger Assets
13 Interest accrued on mortgages 19 921 70
14 Interest accrued on bonds 16 295 53
16 Interest accrued on premium notes policy
loans or liens 2 073 63
21 Total interest accrued 3g 290 86ComptrolleeGeneeals Kepobt
469
25 Gross premiums due and unreported on poli
cies in force December 31 1913 less re
insurance premiums 27980 23
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 799 11
27 Totals 28779 34
28 Deduct loading 7200 00
29 Net amount of uncollected and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
21578 52
4334307 16
3H 898 76 40658 38
43 Book value of bonds over market value Total
45 41557 14

46 4292750 02
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the in
surance department of Nebraska on the following tables
of mortality and rates of interest viz
1 Actuaries table at 4 per cent 2667571 00
2 American experience tables at 3 per cent 710789 00
Same for reversionary additions 32796 00
Total
743585 00
Total 3411156 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 4286 00
8 Net reserve 3406870 00
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded 4597 52
13 Claims for death losses reported for which no proofs have
been received 15000 00
17 Claims for total and permanent disability benefits 2500 00
19 Total policy claims 17500 00
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 3317 71470 ComptbollebGeneeal s Eepoet
22 Premiums paid in advance including surrender values so
applied 11081 II
23 Unearned interest and rent paid in advance 211591
27 Salaries rents office expenses bills and accounts due or ac
crued 2580 75
28 Medical examiners fees 856 and legal fees 176 due
or accrued 1032 00
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 19625 00
33 Dividends or other profits due policyholclers including those
contingent on payment of outstanding and deferred pre
miums 3428 38
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 1730 07
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35 22487 79
38 Special fund calculated payable to the holders of deferred
dividend policies contingent upon the payment of the an
nual premiums falling due during 1914 73669 91
42 Items in suspense 1828 82
45 Total 3590350 92
46 Capital stock 100 000 00
47 Unassigned funds surplus 602 399 10
48 Total 4292750 00
Business in The State of Georgia During The Year
No Amount
17 Policies on the lives of citizens of said state is
force December 31 of previous year 58 99525 00
18 Policies on the lives of citizens of said State issued
during the year 99 163191 25
19 Toal 157 262716 25
20 Deduct ceased to be in force during the year 25 46 500 00
21 Policies in force December 31 132 216 216 25
27 Premiums collected or secured in cash and notes on credits
without any deduction for losses dividends commissions
or other expenses 6938 23CoMPTBOLLEBGtENEEALS KePOBT
471
CHEKOKEE LIFE INSURANCE COMPANY
Barry Wright President G K Henshall 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
4 Extended at
456315 43
IIIncome
5 First years premiums on original policies without deduc
tion for commissions or other expenses less 312497
for first years reinsurance
13 Renewal premiums in addition to items 14 16 and 17
without deduction for commissions or other expenses less
11560 for reinsurance on renewals
456315 43
263534 62
12165 15
20 Total premium income
24 Gross interest on mortgage loans
26 Gross interest on bonds and dividends on
stocks
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust companies
and banks
29 Gross interest on other debts due the com
275699 77
pany
33 Gross rent from companys property includ
ing 1960 for companys occupancy of
its own buildings
1036 75
8367 66
6 50
4273 51
55
6890 23
34 Total gross interest and rents
36 Incorporation certificates
37 Sale of industrial business on account
38 Furniture and fixtures
39 Partial payments
44 Total income
20575 20
25576 50
25000 Od
140 20
60 no
347051 67
IIIDisbursements
1 For death claims Ordinary 1448200
industrial 5471186 i
2 Sick claims Industrial
69193 86
3255 86472
ComptbolleeGenebals Eepobt
3 For total and permanent disability claims
52200 and for additional accidental
death benefits 200000 total
2522 00
4
6
7
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
37
38
41
42
43
44
Net amounts paid for losses and matured endowments
Premium notes and liens voided by lapse
Surrender values paid in cash or applied in liquidation of
loans or notes
Paid stockholders for interest or dividends agents bonds
refunded
Commissions to agents less commission on reinsurance
First years premiums 10579644 renewal premiums
73516 total
Commuted renewal commissions agents credit balance paid
Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
Branch office expenses including salaries of managers and
clerks not included in item 22
Medical examiners fees 2121601 inspection of risks
433819 total
Salaries and all other compensation of officers directors
trustees and home office employees
Bent
Advertising 403294 printing and stationery 848479
postage telegraph telephone and express 302094 ex
change 7808 miscellaneous 124122 total
Legal expenses riot included in item 16
Cost of reinsuring Nat Ass Co
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
Municipal license
Suspense
Commissions on certificates
Interest
Actuarial fees
Fire insurance
74971 72
2008 74
76 00
209 33
106531 60
1237 73
82162 98
1827 25
10603 37
25554 20
27540 21
1960 0O
16857 97
11589 49
20000 00
5828 73
1034 14
3326 71
1394 10
1395 31
241 97
1152 73
48127 35
2285 69
179 30
49 Total disbursements
448096 62
TVLedger Assets
1 Book value of real estate less 20000 in
cumbrances
2 Mortgage loans on real estate first liens
26215 87
16475 00ComptrollerGenerals Eeport
473
3 Loans secured by pledge of bonds stocks or
other collateral 4000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 210 98
5 Premium notes on policies in force 3624 65
6 Book value of bonds 207721 00
7 Cash in companys office 70 24
8 Deposits in trust companies and banks not
on interest 26108 73
9 Deposits in trust companies and banks on
interest 15000 00
10 Bills receivable 56414 agents balances
debit 3136576 31929 90
11 Borne Ins Co 39607 outstanding nets
2304351 branch office 47453 total 23914 11
12 Total ledger assets 355270 48
NonLedger Assets
13 Interest due 39549 and accrued 25987
on mortgages 655 36
14 Interest due 907 and accrued 488833
on bonds 5795 33
17 Interest due 200 and accrued 13325 on
other assets Banks 333 25
20 Bents due 515 and accrued 23250 on
companys property or lease 747 50
21 Total interest and rents due and accrued
New Business
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 38766 12
26 Gross deferred premiums
on policies in force De
cember 31 1913 less re
insurance premiums 7 80
Renewals
4568 20
811 27
27 Totals 38773 92 5379 47
28 Deduct loading 25197 78 1175 99
29 Net amount of uncollected
and deferred premiums 13576 14
7531 44
4203 48 17779 62
35 Gross assets 380581 54474 ComptrollerGeneral s Eeport
Deduct Assets Not Admitted
38 Agents debit balances gross 31365 76
39 Cash advanced to or in the hands of of
ficers or agents 474 53
40 Bills receivable 564 14
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of the
net value of their policies 210 98
42 Overdue and accrued interest on bonds in
default 3624 65
43 Book value of ledger assets over market
value viz Bonds 3722 21
44 Outstanding nets 23043 51
45 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 1913 a9 computed on the
following tables of mortality and rates of interest viz
3 Same for reversionary additions
6 Deduct net value of risks of this company reinsured in other
solvent companies
8 Net reseTve
12 Claims for death losses in process of adjust
ment or adjusted and not due 3000 00
13 Claims for death losses reported for which
no proofs have been received 1000 00
16 Claims for death losses and other policy
claims resisted by the company 1000 00
17 Claims for total and permanent disability
benefits 1500 and for additional acci
dental death benefits 1000 total 1015 00
19 Total policy claims
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners fees 1394 and legal fees 235 due
or accrued
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
63005 78
317575 76
41574 91
1941 88
39633 03
6015 00
518 00
1873 04
1629 00
5000 00ComptrollerGenerals Eeport 475
30 Advances by officers or others on account of expenses of
organization or otherwise 917 74
31 Interest on borrowed money 128 32
32 Agents bonds 93 02
46 Capital stock 100000 00
47 Unassigned funds surplus 161768 61
48 Total 317575 76
Business in The State of Georgia During the Year
17 Policies on the lives of citizens of said State in force De
cember 31 of previous year 172500 00
18 Policies on the lives of citizens of said State issued during
the year 43000 00
19 Total 215500 00
20 Deduct ceased to be in force during the year 110000 00
21 Policies in force December 31 105500 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 104781 00
CITIZENS NATIONAL LIFE INSURANCE COMPANY
OF ANCHORAGE KY
Chas D Pearce President
J W Peake Secretary
ICapital Stock
1 Amount of capital paid up
in cash 460883 75
2 Amount of ledger assets as per balance
Dee 31 of previous year 2373340 89
3 Decrease of capital during the year 24261 25
4 Extended at 2349079 64
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 476972 for first
years reinsurance
7 Total first years premiums on original
policies
141537 43
141537 43
12 Total new premiums
141537 43476 ComptrollerGenerals Beport
13 Renewal premiums in addition to item
14 16 and 17 without deduction for
commissions or other expenses less 9
96064 for reinsurance on renewals 436078 20
14 Dividends applied to pay renewal premiums 43729 26
16 Surrender values applied to pay renewal
premiums 799 gg
17 Monthly premiums 20 088 18
18 Total renewal premiums 4 500 ggq 54
19 Extra premiums for additional accidental death benefits 986 79
20 Total premium income 543 217 75
21 Consideration for supplementary contracts not involving
life contingencies 3 45q qq
24 Gross interest on mortgage loans 49 014 42
25 Gross interest on collateral loans 7566 50
26 Gross interest on bonds and dividends on
stocks less 54500 accrued interest on
bonds acquired during 1913 3 848 68
27 Gross interest on premium notes policy
loans or liens 35126 72
28 Gross interest on deposits in trust com
panies and banks 5 440 55
29 Gross interest on other debts due the com
Pany 487 24
23 Gross rent from companys property in
cluding 810000 for companys occu
pancy of its own buildings 8 570 00
34 Total gross interest and rents 110 054 II
35 From other sources Inspection fees on mortgage loans 3439 71
37 Interest on policy conversions 73 56
38 Items awaiting advices 043 qi
44 Total income 761199 05
IIIDisbursements
1 For death claims 108579 10
4 Net amounts paid for losses and matured endowments 108579 10
5 For annuities involving life contingencies 144 82
6 Premium notes and liens voided by lapse 26 669 75
7 Surrender values paid in cash or applied in liquidation
of loans or notes 35693 80iComptrollerGenerals Report
477
8 Surrender values applied to pay new premiums 799 90
11 Dividends applied to pay renewal premiums 43727 26
15 Total paid polieyholders 215614 63
16 Expense of investigation and settlement of policy claims
including 88779 for legal expenses 888 79
17 Paid for claims on supplementary contracts not involving
life contingencies 1031 25
20 Commissions to agents less commission on reinsurance
First years premiums 6526495 renewal premiums
779249 73057 44
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 54110 75
25 Medical examiners fees 1820100 inspection of risks
483096 total 23032 92
26 Salaries and all other compensation of officers directors
trustees and home office employees 76645 95
27 Rent including 810000 for companys occupancy of its
own buildings 10092 85
28 Advertising 225314 printing and stationery 486478
postage telegraph telephone and express 516164
exchange 26994 total 12549 50
29 Legal expense not included in item 16 1982 09
30 Furniture fixtures and safes 1266 78
31 Repairs and expenses other than taxes on real estate 297 16
32 Taxes on real estate 7764 26
33 State taxes on premiums 3320 62
34 Insurance department licenses and fees 2742 30
35 All other licenses fees and taxes Federal corporation
tax 2 64
37 Premium on stock of company held in treasury issued
and not paid charged off 72783 75
39 Service contract commissions 29078 45
40 H O traveling expenses 5616 11
41 Investment expense 3496 70
42 General expense 7489 51
43 Paid intermediate agents 19435 36
44 Profit loss Stock subscribed prior to 123110 1162 96
45 Reduction in premiums with applications 383 86
46 Agents balances charged off 36206 58
48 Gross decrease by adjustment in book value of ledger
assets viz Collateral loans 10000 00
Bank deposits 22667 14
49 Total disbursements 692720 55
478
ComptrollerGeneral s Eeport
IVLedger Assets
1 Book value of real estate 192395 71
2 Mortgage loans on real estate 809135 30
3 Loans secured by pledge of bonds stocks
or other collateral 93369 75
4 Loans made to policyholders on this com
panys policies assigned as collateral 708538 56
5 Premium notes on policies in force 25113 54
6 Book value of bonds 19609375 and
stocks 105000 total 197143 75
7 Cash in companys office 125 00
8 Deposits in trust companies and banks not
on interest 93804 23
9 Deposits in trust companies and banks on
interest 243095 49
10 Bills receivable 8744 agents balances
debit 3504524 credit 235043 net
3269481 total 32782 25
11 Wayside plantation 22034 58
12 Total ledger assets 2417538 14
NonLedger Assets
13 Interest due 687451 and accrued 12
07930 on mortgages 18953 81
14 Interest accrued on bonds 3591 51
15 Interest due 12000 and accrued 1
95502 on collateral loans 2075 02
16 Interest on premium notes policy loans or
liens 879 44
18 Interest on other assets Deposits 344 58
21 Total interest and rents due and accrued 25844 36
22 Market value of real estate over book value 20026 46
24 Due from other companies for losses or claims on policies
of this company reinsured 970 00
29 Net amount of uncollected and deferred premiums 62840 18
31 Furniture fixtures and supplies 14823 58
32 Offset under death claim awaiting settlement 4581 08
35 Gross assets 2546623 80
Deduct Assets Not Admitted
37 Supplies stationery printed matter fur
niture fixtures and safes 14823 58
38 Agents debit balances gross unsecured 31503 51ComptrollekGenerals Beport
479
40 Bills receivable 87 44
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of
the net value of their policies 2572 82
43 Book value of ledger assets over market
value viz Bonds 6381 25
45 Total 55368 60
46 Admitted assets 2491255 20
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by
the following tables of mortality and rates of interest
viz
2 American Experience table at 3 per cent on
Par Ins issues 19041910 full continu
ous reserve basis 2825900 1 year prel
term basis 161868700 1646946 00
3 American Experience table at 3 per cent
on nonpar ins issues 1908 to 1913 full
continuous reserve 1193600 mod prel
term 2582500 1st year prel term
15863300 total 196394 00
4 Other tables and rates viz Reserve for
premium waiver in case of permanent
disability under regular life endowment
policies issues 1910 to 1913 1614 00
Total 1844954 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 15593 00
1829361 00
7 Extra reserve for additional accidental and
death benefits 498 00

8 Net reserve 1829859 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed 17026 00
12 Claims for death losses in process of ad
justment or adjusted and not due 7000 00
16 Claims for death losses and other policy
claims resisted by the company 4000 00
19 Total policy claims 11000 00480
COMPTROLLERGrENERALs EePORT
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 2 335 01
22 Premiums paid in advance including surrender values
so applied 241 43
23 Unearned interest and rent paid in advance 17 713 47
25 Commissions to agents due or accrued 1 500 00
27 Salaries rents office expenses bills and accounts due or
accrued 1103 99
28 Medical examiners fees 4 939 00
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 7 034 07
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 3 147 gg
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise service contracts 26 318 14
42 Unpaid reinsurance premiums 4 403 33
43 Items awaiting advices 4 25 43
45 Other liabilities 4g0 ggg 75
46 Capital stock 107623 93
48 Total 2491255 20
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 954 2909550 00
18 Policies on the lives of citizens of said State
issued during the year 959 3050500 00
19 Total 1913 5960050 00
20 Deduct ceased to be in force during the year 408 1 253 000 00
21 Policies in force December 31 i505 4 707 050 00
23 Total losses and claims incurred during year 6 19 883 59
25 Losses and claims settled during the year in
cash 6 19883 59
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 405 268 28ComptrollerGeneral s Report
481
THE COLUMBIA LIFE INSURANCE COMPANY
F G Cross President
F B Reins Attorney for Service
ICapital Stock
S M Cross Secretary
1 Amount of capital paid up
in cash 181700 00
2 Amount of ledger assets as per balance
December 31 of previous year
3 Increase of capital during the year
4 Extended at
762280 84
260 52
762541 36
IIIncome
5 First years premiums on original policies without deduction
for commissions or other expenses less 220202 for first
years reinsurance 39620 83
8 Dividends applied to purchase paidup additions and annui
ties 7 46
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 550949
for reinsurance on renewals
14 Dividends applied to pay renewal premiums
16 Surrender values applied to pay renewal
premiums
138367 07
7756 08
151 80
39628 29
18 Total renewal premiums
146274 92
20 Total premium income 185903 21
22 Dividends left with the company to accumulate at interest 1012 38
24 Gross interest on mortgage loans 28073 98
25 Gross interest on collateral loans 1598 37
26 Gross interest on bonds and dividends on
stocks 2600 00
27 Gross interest on premium notes policy
loans or liens 5740 27
28 Gross interest on deposits in trust companies
and banks 680 47
30 Agents balances 19 83
31 On overdue mortgage interest 178 74482
ComptrollerGenerals Eeport
32 Gross discount on claims paid in advance 61 03
33 Gross rent from companys property 458 75
34 Total gross interest and rents
36 Policy loans American L A Co s policies
37 Payments received with applications
38 Coupons to polieyholders credit
39 Health and accident department income
41 From agents balances previously charged off
44 Total income
IIIDisbursements
39411 44
3967 70
2030 47
1032 92
45293 91
118 45
278770 48
1 For death claims
2 For matured endowments
37195 00
2000 00
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
10 Dividends paid to polieyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and annui
ties
14 Dividends left with the company to accumulate at interest
15 Total paid polieyholders
16 Expense of investigation and settlement of policy claims in
cluding 11161 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
20 Commissions to agents less commission on reinsurance
First years premiums 1984910 renewal premiums 6
51142 total
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 432484 inspection of risks
72777
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Eent
39195 00
85 56
14685 28
151 80
120 70
7756 05
7 46
1012 38
63014 23
374 29
550 00
378 54
26360 52
3323 72
6886 74
5052 61
28935 59
1500 00ComptrollerGenerals Report
483
28 Advertising 134769 printing and stationery 233852
postage telegraph telephone and express 159484 ex
change 1450 total
29 Legal expenses not included in item 16
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
37 Agents licenses
38 Chattel tax
40 Discount on premiums paid in advance
41 General expense
42 Traveling expense
43 Investment expense
44 Compromise Carl Hansen
45 Health and accident department disbursements
46 Agents balances charged off
49 Total disbursements
IVLedger Assets
1 Book value of real estate 23982 99
2 Mortgage loans on real estate first liens 529749 79
3 Loans secured by pledge of bonds stocks or
other collateral 20445 79
4 Loans made to polieyholders on this comp
any s policies assigned as collateral 96538 60
6 Book value of bonds 05442 60
7 Cash in companys office 870 15
8 Deposits in trust companies and banks not
on interest 3300 44
9 Deposits in trust companies and banks on
interest 28743 36
10 Bills receivable 425654 agents balances
debit 1153256 credit 827 net
1152429 total 15780 83
11 Com prem loans 4059394 Sauferts fire
ins prem 117 furniture and fixtures
260913 total 43320 07
12 Total ledger assets
NonLedger Assets
13 Interest due 535023 and accrued 8
28054 on mortgages 13630 77
14 Interest accrued on bonds 343 33
15 Interest accrued on collateral loans 408 91
5295 55
4315 30
256 20
289 68
675 27
369 05
576 55
383 98
5 94
1250 43
4023 00
28 52
5000 00
39386 53
14904 38
213137 22
828174 62484
CompteolleeGeneeals Eepoet
16 Interest accrued on premium notes policy
loans or liens
17 Interest accrued on other assets Bank de
posits 940 commuted premium loans
1155109 total
20 Eents accrued on companys property or
lease
177 03
11560 49
37 50
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 pol
icies in force December 31 1913 less re
insurance premiums 40 824 32
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 13879 49
27 Totals
28 Deduct loading
54703 81
15391 61
29 Net amount of uncollected and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
37 Supplies stationery printed matter furni
ture fixtures and safes
38 Commuted commissions agents debit bal
ances 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 Bonds
2609 13
11532 56
4256 54
499 68
607 60
26158 03
13017 01
2500 00
39312 20
909161 86

889656 35
46 Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the
Ohio Insurance Department on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on interstate assurance busi
ness issued 1900 and 1901 113 p62 00ComptbollebGeneeals Eepobt 485
2 American experience table at 3 per cent on interstate in
surance business issued from March 1 1901 to August
31 1904 118591 00
3 American experience table at 3 per cent on the Columbia
business issued from 1903 to date 4304 28
5 Net present value of annuities including those in reduc
tion of premiums American experience table 3 per
cent 527 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 8108 00
7 Extra reserve for total and permanent disability benefits 442 54
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed 6020 27
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be demanded 1525 00
12 Claims for death losses in process of adjustment or adjusted
and not due 8895 00
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 5202 57
22 Premiums paid in advance including surrender values so
applied 1586 66
23 Unearned interest and rent paid in advance 2169 25
25 Commissions to agents due or accrued 67 12
26 Cost of collection on uncollected and deferred premiums
in excess of the loading thereon 1328 51
27 Salaries rents office expenses bills and accounts due or ac
crued 458 43
28 Medical examiners fees and legal fees due or accrued 469 00
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 1059 08
33 Dividends or other profits due polieyholders including those
contingent on payment of outstanding and deferred pre
miums 834 79
37 Reserve special or surplus funds not included above H
A Department unearned premiums 66614 premiums in
advance 138452 claims est 144022 dividends
15928 salaries and bills 4982 taxes est 12741
total 3827 30
42 Coupons to polieyholders credit and interest accrued 1107 86
43 Payments received with applications 2030 47
46 Capital stock 181700 00

Business in the State of Georgia During the Tear
No Amount
17 Policies on the lives of citizens of said State in
force December 31 of previous year 20
515 00486 CompteolleeGeneeals Kepoet
18 Policies on the lives of citiens of said state is
sued during the year 227 5 136 50
19 Total 247 5651 50
20 Deduct ceased to be in force during the year 18 315 00
21 Policies in force December 31 229 6336 50
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 8 790 27
THE COLUMBIAN NATIONAL LIFE INSURANCE COMPANY
OF BOSTON MASSACHUSETTS
Arthur E Childs President William H Brown Secretary
Alfred C Newell Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 8081128 67
4 Extended at 8081128 67
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 448113 for first
years reinsurance 353323 77
6 Surrender values applied to pay first years
premiums 269 76
7 Total first years premiums on original
policies 353726 57
8 Dividends applied to purchase paid up ad
ditions and annuities 269 76
9 Surrender values applied to purchase paid
up insurance and annuities 28401 39
10 Consideration for original annuities involv
ing life contingencies 648 00
12 Total new premiums 383 045 7213
14
16
17
18
19
20
22
24
26
27
28
30
33
34
35
37
42
43
44
1
2
3
ComptrollerGenerals Eeport 487
Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 15
36994 for reinsurance on renewals 1624931 79
Dividends applied to pay renewal prem
iums 38004 29
Surrender values applied to pay renewal
premiums 1345 90
Renewal premiums for deferred annuities 871 51
Total renewal premiums 1665153 49
Extra premiums for total and permanent disability
benefits 7275 31
Total premium income 2055474 52
Dividends left with the company to ac
cumulate at interest 4446 84
Gross interest on mortgage loans 103978 56
Gross interest on bonds and dividends on
stocks less 285565 accrued interest on
bonds acquired during 1913 191771 48
Gross interest on premium notes policy
loans or liens 61567 20
Gross interest on deposits in trust com
panies and banks 6008 09
Genl interest including interest on over
due premiums 940 33
Gross rent from companys property in
cluding 2015462 for companys occu
pancy of its own buildings 48947 65
Total gross interest and rents 413213 31
From other sources Accident and health dept 244397 79
Advance deposits 40 9j
Gross profit on sale or maturity of ledger assets viz
Bonds 2m7 43
Gross increase by adjustment in book value of ledger
assets viz Bonds a30 24
Total income 2720541 08
IIIDisbursements
For death claims 37150032 additions
274895 374249 27
For matured endowments 41519 00
For total and permanent disability claims 780 10
Net amounts paid for losses and matured endowments 416548 37488
ComptrollerGenerals Report
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse less 217431
restorations
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrendervalues applied to pay new premiums 40280
to pay renewal premiums 134590 total
9 Surrender values applied to purchase paidup insurance
and annuities
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paid up additions and an
nuities
14 Dividends left with the company to accumulate at in
terest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
including 40000 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
19 Paid stockholders for interest or dividends
20 Commissions to agents less commissions on reinsurance
First years premiums 14434192 renewal premiums
6198646 annuities original 3240 renewal
1797 total
21 Commuted renewal commissions
23 Agency supervision and travelling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 3263800 inspection of risks
669144
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent including 2015462 for companys occupancy of
its own buildings less 40833 received under sublease
28 Advertising 517249 printing and stationery 2010432
postage telegraph telephone and express 1342104
exchange 75378 total
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
1019 56
17843 03
174989 12
1748 70
28401 39
9011 96
38004 29
269 76
4446 84
692883 02
424 35
1370 79
70000 00
206378 75
6282 34
16286 71
136687 70
39329 44
109902 84
45702 81
39451 63
3231 08
12954 83
18753 84
11107 76
26854 78
5127 98ComptrollerGeneral s Eeport
489
35 All other licenses fees and taxes State and municipal
licenses and fees 1374 56
38 Personal property taxes 61 55
39 Other disbursements Home office expenses 1474187
traveling 663144 total 21373 31
41 Contribution to life ins presidents assn 460 13
42 Discount on premiums paid in advance 117 74
43 Expenses aect Colorado Natl Consolidation 1279 63
44 American Investment Securities Co 20000 00
45 General interest 906 00
46 Agents balances charged off 5906 28
47 Accident and health dept 272115 58
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 8651 85
49 Total disbursements 1774977 28
IVLedger Assets
1 Book value of real estate 838542 49
2 Mortgage loans on real estate 1961862 95
4 Loans made to policyholders on this com
panys policies assigned as collateral 1245254 68
5 Premium notes on policies in force 140293 08
6 Book value of bonds 432716942 and
stocks 9509527 total 4422264 69
7 Cash in companys office 6583 98
8 Deposits in trust companies and banks
not on interest 8101 12
9 Deposits in trust companies and banks on
interest 286y493 36
10 Agents balances debit 8371518 credit
111511 net 82600 07
11 Contingent funds subject to draft by
cashiers 308808 suspense act 70042 3788 50
11 Accident and health premiums in course
of collection 30908 55
12 Total ledger assets 9026692 47
NonLedger Assets
13 Interest due 337723 and accrued 25
31832 on mortgages
14 Interest accrued on bonds
16 Interest due 777615 and accrued 5
84865 on premium notes policy loans
or liens
28695 55
37265 39
13624 80490
CompteolleeGeneeals Bepobt
17 Interest due 92941 and accrued 58067
on other assets Bank deposits 1510 08
20 Rents accrued on companys property or
lease 2428 80
21 Total interest and rents due and accrued 83524 62
25 Gross premiums due and unreported on policies in force
Dee 31 1913 less reinsurance premiums 204309 86
26 Gross deferred premiums on policies in force December 31
1913 less reinsurance premiums 91075 28
27 Totals
28 Deduct loading
295385 14
47344 05
29 Net amount of uncollected and deferred premiums
248041 09
35 Gross assets 9358258 18
Deduct Assets Not Admitted
38 Agents debit balances gross 83715 IS
39 Cash advanced to or in the hands of
officers or agents contingent funds 3088 08
40 Bills receivable suspense account 700 42
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 30536 61
43 Book value of ledger assets over market
and amortized value viz Accident and
health premiums in course of collection
written prior to Oct 1st 2072 51
45 Stocks market value 1659527 bonds
amortized value 609374 real estate
99562 total 23684 63
46 Admitted assets 9214460 75
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by
the Mass Ins Dept on the following tables of mor
tality and Tates of interest viz
American Experience table at 314 per cent
on 7429921 00
Same for reversionary additions 4631 00ComptkolleeGenerals Report 491
5 Net present value of annuities including
those in reduction of premiums Am
erican Experience 3 per cent 22744 00
Total 7457296 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 10903 00
7 Extra reserve for total and permanent dis
ability benefits 363766 and for ad
ditional accidental death benefits 3637 66
8 Net reserve written basis 7450030 66
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 154390 00
10 Liability on policies cancelled and not in
cluded in net reserve upon which a
surrender value may be demanded 983 00
12 Claims for death losses in process of ad
justment or adjusted and not due 3000 00
13 Claims for death losses reported for which
no proofs have been received 500 00
14 Keserve for net death losses incurred but
unreported 8791 85
16 Claims for death losses and other policy
claims resisted by the company 31740 00
19 Total policy claims 44031 85
21 Dividends left with the company to accumulate at inter
est and accrued interest thereon 4446 84
22 Premiums paid in advance including surrender values
so applied 9914 56
23 Unearned interest and rent paid in advance 17879 37
25 Commissions to agents due or accrued 154 41
27 Salaries rents office expenses bills and accounts due or
accrued 4526 53
28 Medical examiners fees 205250 and legal fees 81474
due or accrued 2867 24
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 24526 22
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 2498 29
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item 35 25000 00
492 ComptrollerGenerals Eepoet
42 Advance deposits with applications 40 95
43 Balance from sale at foreclosure OBrien mortgages and
interest Dec 31 4 450 33
44 Accident and health dept 14g 227 01
46 Capital stock 1000000 00
47 Unassigned funds surplus 461 793 49
48 Total 9214460 75
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in
force Dee 31 of previous year 2 427 126 00
18 Policies on the lives of citizens of said State issued
during the year 983113 00
19 Total 3410239 00
20 Deduct ceased to be in force during the year 686 854 00
21 Policies in force Dec 31 2723385 00
22 Losses and claims unpaid Dec 31 of previous year 15 000 00
23 Losses and claims incurred during year n 042 00
24 Total 26042 00
25 Losses and claims settled during the year in cash 21042 00
26 Losses and claims unpaid Dec 31 5 000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 82 539 36
COMMERCIAL LIFE INSURANCE AND CASUALTY COMPANY
Wm W Williamson President Robert Perrin Secretary
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year net J
3 Decrease of capital during the year
273248 72
100000 00
4 Extended at 173248 72ComptrollerGeneral s Beport
HIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 200197 for first
years reinsurance 38069 35
12 Total new Premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 1
63017for reinsurance on renewals 49631 00
18 Total renewal premiums
20 Total premium income
22 Dividends left with the company to accumulate at interest
24 Gtoss interest on mortgage loans 5381 41
26 Gross interest on bonds and dividends on
stocks 4397 25
27 Gross interest on premium notes policy
loans or liens 524 10
28 Gross interest on deposits in trust com
panies and banks 1434 32
30 Interest on agents advances 216 23
11953 31
Less interest paid on borrowed money 407 94
34 Total gross interest and rents
40 Capital account reduced
44 Total income
IIIDisbursements
1 For death claims
6 Premium notes and liens voided by lapse less 12778
restorations
7 Surrender values paid in cash or applied in liquidation
of loans or notes
14 Dividends left with the company to accumulate at interest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
20 Commissions to agents less commission on reinsurance
First years premiums 2200162 renewal premiums
267653 total
493
38069 35
49631 00
37700 35
152 52
11545 37
100000 00
199398 24
3500 00
666 69
909 55
t 152 52
5228 76
119 00
24678 15494
ComptbollebGenebals Kepoet
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 523 15
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 9421 51
24 Branch office expenses including salaries of managers and
Clerks not included in item 22 879 00
25 Medical examiners fees 499900 inspection of risks
97840 total 5977 40
26 Salaries and all other compensation of oicers directors
trustees and home office employees 14426 74
27 Bent 1884 00
28 Advertising 129407 printing and stationery 140172
postage 69927 telegraph 44492 telephone 4497
and express 118916 exchange 5007 total 3935 02
29 Legal expense not included in item 16 1083 29
30 Furniture fixtures and safes 544 50
33 State taxes on premiums 266 08
34 Insurance department licenses and fees 1029 90
35 All other licenses fees and taxes Municipal license fees
and taxes 1222 26
40 Book and subscriptions to journals 100 88
41 Collection of renewal premiums other than com 1155 58
42 Traveling expenses agents and officers 463 59
43 Miscellaneous expense 443 80
46 Agents balances charged off 2808 80
47 Gross loss on sale or maturity of ledger assets viz
Bonds 377 60
49 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens 87275 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 4506 67
5 Premiums notes on policies in force 5129 72
6 Book value of bonds 101251 30
7 Cash in companys office 2389 84
8 Deposits in trust companies and banks not
on interest 14677 75
9 Deposits in trust companies and banks on
interest 48080 79
10 Agents balances debit 329799 credit
21311 net 32764 88
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
2192 31
12 50
76571 01
12 Total ledger assets 296075 95ComptrollerGenerates Report
495
18 Interest accrued on certificates of deposit
of various banks
21 Total interest and rents due and accrued
New Business
25 Gross premiums due and
unreported on policies in
force Dee 31 1913 less
reinsurance premiums
26 Gross deferred premiums on
policies in force Dec 31
1913 less reinsurance
premiums
966 04
Renewals
284 28 11449 07
587 91
27 Totals 872 19
28 Deduct loading 591 50
29 Net amount of uncollected
and deferred prem
iums 280 69 j
30 All other assets Furniture and fixtures
2065 13
13514 20
1604 79
11909 41
3170 85
12190 10
2168 49
35 Gross assets
313605 39
Deduct Assets Not Admitted
37 Furniture fixtures and safes 2168 49
38 Agents debit balances gross 32977 99
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 1433 52
45 Total
36580 00
46 Admitted assets 277025 39
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by
the following tables or mortality and rates of interest
viz
2 American Experience table at 3 per Cent
on modified preliminary term 803 71
6 Deduct net value of risks of this company
reinsured in other solvent companies 23 34

8 Net reserve
780 37496 ComptrollerGenerals Eeport
21 Dividends left with the company to accumulate at inter
est and accrued interest thereon 152 52
27 Salaries rents office expenses bills and accounts due or
accrued 519 57
28 Medical examiners fees 570 00
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 795 gi
4s Ttal 1 80080 90
46 Capital stock 100000 00
47 Unassigned funds surplus 96 944 49
48 Total 277025 39
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 927 1578355 00
18 Policies on the lives of citizens of said State
issued during the year 498 826323 00
19 Total 1425 2404678 00
20 Deduct ceased to be in force during the year 319 505 665 00
21 Policies in force during the year 1106 1899013 00
23 Losses and claims incurred during year 3 000 00
25 Losses and claims settled during the year by
compromise 500 00
26 Losses and claims unpaid Dec 31 3 500 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 57 335 93
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY
OF HARTFORD CONN
Home Office 36 Pearl Street Hartford Conn
John M Taylor President William H Deming Secretary
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 68420996 63
4 Extended at 68420996 63COMPTROLLEBGrENERAIiS EePOKT
497
IIIncome

5 First years premiums on original policies
without deduction for commissions or
other expenses 748805 72
6 Surrender values applied to pay first years
premiums 380 08
7 Total first years premiums on original
policies 749185 80
8 Dividends applied to purchase paidup ad
ditions and annuities 6831 86
9 Surrender values applied to purchase paid
up insurance and annuities 44165 53
10 Consideration for original annuities involv
ing life contingencies 64963 29
11 Consideration for supplementary contracts
involving life contingencies 3479 37
12 Total new premiums 868625 85
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses 5202007 62
14 Dividends applied to pay renewal premiums 932026 29
16 Surrender values applied to pay renewal
premiums 864 98
18 Total renewal premiums 6134898 89
20 Total premium income 7003524 74
21 Consideration for supplementary contracts not involving
life contingencies 36384 12
22 Dividends left with the company to accumulate at interest
including 19859241 dividends left to accumulate prior
to 1908 and not previously charged through disburse
ments 476681 40
24 Gross interest on mortgage loans 1658241 08
26 Gross interest on bonds and dividends on
stocks 1079005 71
27 Gross interest on premium notes policy
loans or liens 352630 55
28 Gross interest on deposits in trust com
panies and banks 23808 71
29 Gross interest on other debts due to com
pany On land contracts 41005 30
30 On delay premium payments 896 12
31 On bills Rec 2380 on Def cash pay
ments in real estate sales 85866 882 46
498
ComptbolleeGenebals Bepobt
32 Gross discount on claims paid in advance 96 18
33 Gross rent from companys property in
cluding 3500000 for companys occu
pancy of its own buildings 185 597 46
34 Total gross interest and rents 3 342 163 57
36 Unapplied payments on Land contracts 17 660 69
42 Gross profit on sale or maturity of ledger assets viz
Real estate 5169537 bonds 17994 56 total 69689 93
43 Gross increase by adjustment in book value of ledger
assets viz Bonds g 329 qj
44 Total income 10952434 12
IIIDisbursements
1 For death claims 4666896 00
2 For matured endowments 414 187 66
4 Net amount paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash m applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums 38008
to pay renewal premiums 86498
9 Surrender values applied to purchase paid up insurance
and annuities
11 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and an
nuities
14 Dividends left with the company to accumulate at
interest
5081083 66
23267 40
232 00
1362024 06
1245 06
44165 53
360309 94
932026 29
6831 86
278088 99
15 Total paid polieyholders a
16 Expense of investigation and settlement of policy claims
including 198587 for legal expenses
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrender
ed during the year
20 Commissions to agents less commissions on reinsurance
First years premiums 28053118 Tenewal premiums
34637180 annuities original 102828
22 Compensation of managers and agents not paid by com
missions for services in obtaining new insurance
8089274 79
1985 87
5801 91
314126 22
627931 26
18764 34ComptrollerGenerals Eepobt
499
23 Agency supervision and traveling expenses of super
visors except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 5277800 inspection of risks
1051277
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Bent including 3500000 for companys occupancy of its
own buildings less 2000 received under sublease
28 Advertising 390565 printing and stationery 4268366
postage telegraph telephone and express 3383561
exchange 103941
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Federal corporation
tax 468519 state county and municipal 263840
reserve 1286291 franchise Conn 13864915
Other disbursements Suspense account of Dec 31 1912
2135500 traveling expenses 2569292 recording
and notary fees 27425 safe rent 1000 lock re
pairing 9430 fire insurance on office furniture at
agencies 1385 clerk hire of farm loan inspector
90000 policy paid twice 14000 total
Gross loss on sale or maturity of ledger assets viz Real
estate 10741267 bonds 297090 total
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds
39
47
11883 09
62915 45
63290 77
254995 11
64032 72
81464 33
5526 58
2742 61
99147 96
69415 36
76270 32
5775 15
158835 65
48480 32
110383 57
14611 33
49 Total disbursem
ents 10187654 71

IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Loans made to polieyholders on this com
panys policies assigned as collateral
5 Premium Notes on policies in f OTCe
6 Book value of bonds 2402924100 and
stocks 84245925
9 Deposits in trust companies and banks on
interest
10 Bills receivable 68500 agents balances
debit 313763 credit 143399 net
170364
3068650 54
32330005 08
6644164 11
175386 49
24871700 25
2388 64500
CompteollebGenebal s Eepoet
11 Beal estate sold under land contract bal
purchase price 795931 11
12 Total ledger assets 69185776 04
NonLedger Assets
13 Interest due 2546434 and accrued 893
37308 on mortgages 918837 42
14 Interest due 450900 and accrued 246
25730 on bonds 250766 30
16 Interest due 9846400 and accrued 5
53753 on premium notes and due 12
60511 and accrued 1783840 on policy
loans or Hens 134445 04
18 Interest due 241365 and accrued 11
40706 on land contracts 13 820 71
20 Rents due 98309 and accrued 515216
on companys property or lease 6135 25
21 Total interest and rents due and accrued 1324 004 72
New Business Renewals
25 Gross premiums due and un
reported on policies in
force Dec 31 1913 less
reinsurance premiums
paid for basis 12486 79 199348 49
26 Gross deferred premiums on
policies in force Dec 31
1913 less reinsurance
premiums paid for
basis 97402 86 543238 70
27 Totals 109
28 Deduct 20 per cent load
ing 21977 93
65 742587 19
148517 44
29 Net amount of uncollected
and deferred premiums 8791172 594069 75 68198147
35 Gross assets
Deduct Assets Not Admitted
71191762 23
38 Agents debit balances gross
40 Bills receivable
3137 63
685 00ComptrollerGeneral s Report
501
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of
the net value of their policies approxi
mated 2200 00
42 Overdue and accrued interest on bonds in
default 6012 00
43 Book value of ledger assets over market
value viz bonds and stocks 2225074 45
45 Total not admitted assets 2237109 08
46 Admitted assets 68954653 15
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31stday of December 1913 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 poli
cies issued prior to April 1st 1882 and
all policies issued in exchange therefor 16411061 00
2 American Experience table at 3 per cent
on all other policies 47552217 00
Same for reversionary additions 16243 00
5 Net present value of annuities including
those in reduction of premiums Mc
Clintocks tables with 3 per cent
interest 263781 77
8 Net reserve 64243302 77
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company at 3 per cent 92724 42
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded or is given by custom of the company 79412 00
11 Claims for death losses due and unpaid
12 Claims for vdeath losses in process of adjust
ment or adjusted and not due
13 Claims for death losses reported for which
no proofs have been received
14 Eeserve for net death losses incurred but
unreported
15 Claims for matured endowments due and
unpaid
28240 69
121909 33
179259 00
75000 00
2422 00502
ComptrollerGenebals Eepoet
16 Claims for death losses and other policy
claims resisted by the company 10000 00
18 Due and unpaid on annuity claims involv
ing life contingencies 375 60
19 Total policy claims g
21 Dividends left with the company to accumulate at interest
and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance Mortgage
loans 43732 policy loans 13152989
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or
accrued estimated
28 Medical examiners fees 1305600 and legal fees 1
75850 inspection of risks 96900 due or accrued
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the yeaT of
this statement
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
42 Surrender values credited with accrued interest
43 Suspense account unapplied payments on lalid contracts
44 Supplementary agreements
417207 62
1727859 16
25903 34
131967 21
3606 94
2500 00
15783 50
80000 00
104638 08
4132 87
17660 69
3059 23
45 Total 66949757 83
47 Unassigned funds surplus 2 004 895 32
48 Total
68954653 15
THE COSMOPOLITAN LIFE INSURANCE COMPANY
OF ATLANTA GA
James O Wynn President William L Pomeroy Secretary
ICapital Stock
1 Amount of capital paid up
in cash 128160 00
4 Extended at
128160 00ComptrollerGenerals Report
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 21252 for first
years reinsurance
503
7969 32
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
3806 for reinsurance on renewals 12710 94
14 Coupons applied to pay renewal premiums 131 54
18 Total renewal premiums
20 Total premium income
22 Coupons left with the company to accumulate at interest
24 Gross interest on mortgage loans less 3
54843 accrued interest on mortgages
acquired during 1913 4937 70
26 Gross interest on bonds and dividends on
stocks less 333712 accrued interest on
bonds acquired during 1913 6628 55
27 Gross interest on premium notes policy
loans or liens 142 o4
28 Gross interest on deposits in trust com
panies and banks 172S 83
29 Gross interest on other debts due the com
pany Interest collected on notes given
for capital stock in Cosmopolitan Life
Insurance Co policies March 11 1913
from Ins Com of Ga 3 25
31 Interest on notes given for capital stock
in this company 176 64
32 Gross discount on claims paid in advance 660 00
34 Total gross interest and rents
35 From other sources Surrender value on reinsurance can
celled
37 Profit in purchase of assets of Cosmopolitan Life Insur
ance company from Ins Dept of Georgia
38 Profit in sale of capital stock of this company
39 Profit from other sources
41 From agents balances previously charged off
44 Total income
7909 32
12842 48
20811 80
201 00
14277 51
269 50
95965 09
125491 00
149942 53
13 97
406072 40504
CompteolleeGeneeals Eepoet
IIIDisbursements
1 For death claims
3000 00
22
23
4 Net amount paid for losses and matured endowments
6 Premium notes and liens voided by lapse
11 Coupons applied to pay renewal premiums
14 Coupons left with the company to accumulate at interest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
including 10000 for legal expense
20 Commissions to agents less commission on reinsurance
First years premiums 359605 renewal premiums
4648 total
Compensation of managers and agents not paid by com
missions for services in obtaining new insurance
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
25 Medical examiners fees 114500 inspection of risks
26500 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Bent 375003 for companys home office less 82455
received under sublease
28 Advertising 157467 printing and stationery 272979
postage telegraph telephone and express 54638 ex
change 7822
30 Furniture fixtures and safes
34 Insurance department licenses and fees
37 City and county licenses and fees
40 Traveling expense
41 Miscellaneous expense
42 Interest on borrowed money
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz
Bonds
49 Total disbursements
TVLedger Assets
2 Mortgage loans on real estate first liens
12743500 other than first liens 15
15000 total 1425g5
3 Loans secured by pledge of bonds stocks
3000 0
1348 11
131 54
201 0
4680 05
100 00
3642 53
1016 85
1559 03
1410 00
13302 76
2925 48
4929 06
190 85
105 50
210 23
009 28
1749 83
1112 15
1076 85
3728 72
42349 77
or other collateral
5000 00ComptrollerGenerals Eeport 505
4 Loans made to polieyholders on this com
panys policies assigned as collateral 1300 00
5 Premium notes on policies in force of
which 104121 is for first years prem
iums 1482 02
6 Book value of Ijonds 11223000 and
stocks 270000 total 114930 00
7 Cash in Companys office 1614 96
2153 32
8 Deposits in trust companies and banks not
on interest 2000 00
15027 66
9 Deposits in trust companies and banks on
interest 29726 71
10 Bills receivable 11178471 agents bal
ances debit 64420 credit 1611
net 62809 total 112412 80
Advertising paid in advance 50 16
11 Deferred payments on subscription to
capital stock 63600 00
12 Total ledger assets 491882 63
NonLedger Assets
13 Interest due 277385 and accrued 2
28211 on mortgages 5055 96
14 Interest due 82500 and accrued 179613
on bonds 2621 13
15 Interest due on collateral loans 594 17
16 Interest accrued on premium notes policy
loans or liens 12 46
17 Interest due 1296 and accrued 476884
on other assets Certificates of deposit 1048 82
18 Daily bank balance 12 22
Notes given for capital stock in the com
pany 961 07
19 Deferred paymentsfor capital stock in the
company 2759 69
21 Total interest and rents due and accrued 13065 52
New Business Renewals
25 Gross premiums due and un
reported on policies in
force Dec 31 1913 less
reinsurance premiums 1288 54

506 ComptrollerGenerals Keport
26 Gross deferred premiums on
policies in force Dec 31
1913 less reinsurance
premiums 569 73 268 39
27 Totals 569 73 4556 93
28 Deduct loading 377 93 375 85
29 Net amount of uncollected
and deferred premiums 191 80 1181 08
30 All other assets Interest prepaid on bills payable dis
continued
32 Office furniture and fixtures
33 Stationery on hand
35 Gross assets
Deduct Assets Not Admitted
37 Supplies stationery printed matter 1
00000 furniture fixtures and safes 5
00000 total 6000 00
38 Agents debit balances gross 64420 644 20
40 Bills receivable m 784 71
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 586 83
44 Deferred payments on subscription to
capital stock 63600 00
45 Total
46 Admitted assets
VLiabilities Surplus and Other Funds
2 American Experience table at 4 per cent 10756 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 199 00
8 Net reserve
21 Coupons left with the company to accumulate at interest
and accrued interest thereon
24 Commissions due to agents on premium notes when paid
27 Salaries rents office expenses bills and accounts due or
accrued
31 Borrowed money 4435000 and interest thereon 1
04429 total
1372 88
155 00
5000 00
1000 00
512476 03
182615 74
329860 29
10557 00
208 03
365 92
742 02
45394 29
ComptrollerGenerals Keport 507
37 Reserve special or surplus funds not included above
38 To provide for possible loss on mortgage loans acquired
from Cosmopolitan Life Ins Co 5394 09
9Q4 35
39 Deferred reinsurance premiums ia
42 Due the Ins Dept of Ga on purchase of Cosmopolitan
LifelnsCo 9324 53
43 To further provide for adjustment of equities transferred
from Cosmopolitan Life Ins Co 10000 00
44 Partial payments on subscription to capital stock 1048 63
m 83328 86
40 Total
n x 4 i 128160 00
46 Capital stock J
47 ITnassigned funds surplus 118371 43
48 Total 32986029
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State in
foTCe December 31 of previous year 931 1640576 00
18 Policies on the lives of citizens of said State
issued during the year 150 409750 00
19 Total 1090 2050326 00
20 Deduct ceased to be in force during the year 760 1345888 00
21 Policies in force Dec 31 330 704438 00
23 Losses and claims incurred during year 6000 00
25 Losses and claims settled during the year in cash 3
00000 by compromise 300000 6000 00
27 Premium collected ot secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 20376 58
508
ComptrollerGeneral s Eeport
THE EMPIRE LIFE INSURANCE COMPANY
Win W Reid President
F A Hooper Attorney for Service in Georgia
ICapital Stock
Amount of capital repre
sented in stock notes 40678 92
1 Amount of capital paid up
in cash 248571 08
2 Amount of ledger assets as per balance
Dec 31 of previous year 1674913 56
3 Increase of capital during the year 7 462 50
S H Rogers Secretary
4 Extended at
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 122649 36
8 Dividends applied to purchase paid up ad
ditions and annuities
361 35
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 10
51820 for reinsurance or renewals 440690 30
14 Dividends applied to pay renewal premiums 59764 15
16 Surrender values applied to pay renewal
premiums 267 17
18 Total renewal premiums
20 Total premium income 4
22 Dividends left with the company to accumulate atinterest
24 Gross interest on mortgage loans
25 Gross interest on collateral loans
26 Gross interest on bonds and dividends on
stocks
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
1677 72
831 10
20360 00
29769 29
1045 04
1682375 06
123010 71
500721 62
623732 33
517 69ComptrollerGenerals Report
509
29 Gross interest on other debts due the com
pany Stock notes and purchase money
notes 5823 46
33 Gross rent from companys property 4523 28
34 Total gross interest and rents
35 Prom other sources Old company items recovered
39 Premium on sale of stock
64029 89
1645 21
33743 75
44 Total income 723668 87
IIIDisbursements
1 For death claims less 500000 reinsur
ance 108169 08
3 For total and permanent disability claims 500 00
4 Net amounts paid for losses and matured endowments 108669 08
5 Payment on installment claims 27850 00
6 Premium notes and liens voided by lapse 36638 86
7 Surrender values paid in cash or applied in liquidation
of loans or notes 59432 48
8 Surrender values applied to pay renewal premiums 267 17
10 Dividends paid to policyholders in cash or
applied in liquidation of loans or notes 465 12
11 Dividends applied to pay renewal premiums 59764 15
12 Sick and accident claims 2583 98
13 Dividends applied to purchase paid up additions and an
nuities 361 35
14 Dividends left with the company to accumulate at in
terest 517 69
15 Total paid policyholders
16 Expenses of investigation and settlement of policy claims
20 Commissions to agents less commission on reinsurance
First years premiums 8010810 renewal premiums
2553376 total
22 Compensation of managers and agents not paid by com
mission for service in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers
and clerks not included in item 22
25 Medical examiners fees 1239409 inspection of risks
189259 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rents
296549 88
2452 21
105641 86
10484 85
8671 30
6212 78
14286 68
33310 74
3628 38
510
ComptrollerGeneral s Eeport
28 Advertising 356415 printing and stationery 562847
postage telegraph telephone and express 367256
exchange 33939 total
29 Legal expense not included in item 16
31 Eepairs and expenses otheT than taxes on real estate
32 Taxes on rfeal estate and other assets
33 State taxes on premiums and city
34 Insurance department licenses and fees
35 All other licenses fees and taxes Agency license
39 Other disbursements Interest 374152 traveling ex
penses 549630 actuarial and accounting 138341
state examination 123162 directors expenses
52279 miscellaneous general expense 306408
46 Agents balances charged off
47 Income certificates of Empire Life Ins Co redeemed by
issue of stock 1458125 commission on stock sales
454108 salary expense stock salesman 755462
48 Adjustment surplus on stock amount of resale 8227000
claims against Empire Life Ins Co paid 2900513
49 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 collateral
4 Loans made to policyholders on this com
panys policies assigned as collateral
Liens
5 Premium notes on policies in force
6 Book value of bonds 10596750 and
stocks 39929333
7 Cash in companys office
Cash in hands of agents
8 Deposits in trust companies and banks not
on interest
9 Deposits in trust companies and banks on
interest
10 Bills receivable 15933310 agents bal
ances debit 3201863 credit 82770
net 3119087 total
Accts rec
11 Purchase money notes 1042512 furn and
fixt 1427939 total
100289 73
14588 50
20644 38
400574 07
240544 09
39794 51
505260 83
6933 05
942 37
60368 51
170475 44
190523 97
17188 23
24704 51
13204 57
25 00
368 70
5453 17
2950 39
418 00
1956 11
15439 72
1515 68
26676 95
111275 13
660522 10
12 Total ledger assets
Ledger liabilities 4731036
1792832 19ComptrollerGenerals Report
NonLedger Assets
13 Interest accrued on mortgages 1973 00
14 Interest accrued on bonds 2020 00
16 Interest accrued on premium notes policy
loans or liens 634 52
18 Interest accrued on deposits 5822 91
511
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 Dec 31 1913 less
reinsurance premiums 7869 89
26 Gross deferred premiums
on policies in force Dec
31 1913 less reinsurance
premiums 2950 99
10450 43
181151 64
30886 61
12268 45
27 Totals
28 Deduct loading
10820 88
7147 43
43155 06
9254 59
29 Net amount of uncolleeted
and deferred premiums
3643 45 33900 47 37543 92
35 Gross assets 2021978 1
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Agents debit balances 3201863 less
213358 total
39 Collateral loans
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
44 Accounts receivable
45 Cash in defunct banks
14279 39
29885 05
3978 81
159333 10
18154 51
7637 50
17188 23
1883 13
Total
46 Admitted assets
252339 72
1769638 4512
ComptbollebGeneeal s Kepobt
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
company on the following tables of mortality and
rates of interest viz
Total 1253569 51
6 Deduct net value of risks of this aompany
reinsured in other solvent companies 15101 86
Total 1238467 65
7 Extra reserve for additional accidental
death benefits 4926 90
8 Net reserve 1243394 55
9 Present value of installment claims 71 495 57
12 Claims for death losses in process of ad
justment or adjusted and not due 11489 00
13 Claims for death losses reported for which
no proofs have been received 4500 00
16 Claims for death losses and other policy
claims resisted by the company 2500 00
17 Claims for total and permanent disability
benefits 476 84
19 Total policy claims 18j965 84
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 2 368 04
22 Premiums paid in advance including surrender values so
applied 1183 42
23 Unearned interest and rents paid in advance 8 403 94
24 Commissions due to agents on premium notes when paid 1352 93
26 Cost of collection on uncolleeted and deferred prem
iums in excess of the loading thereon 211 43
27 Salaries rents office expenses bills and accounts due or
accrued 1008 23
28 Medical examiners fees I99 50
32 Commission on stock sale 25 401 00
33 Dividends ot other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 4 335 26
34 Special contract dividends 15 734 55
36 Survivorship bonds fund 90 50
37 Reserve special or surplus funds not included above
38 Accounts payable 43 742 82
39 Taxes accrued on premiums 2 929 44
40 All other taxes accrued 9 913 34
42 Reinsurance premiums due and accrued 3 729 55ComptrollerGeneral s Eeport 513
43 Capital stock paid in cash 248571 08
Capital stock represented in notes 40678 92
Total 289250 00 1455494 91
44 Surplus to stockholders 184226 65
45 Total 473476 65
46 Stock notes deducted as nonadmitted in
surance assets 159333 10
314143 55
48 Total 1769638 46
Business in the State of Georgia During the Year
No Amount
17 Policies on lives of citizens of said state in force
Dec 31 of previous year 7729 15369750 00
18 Policies on the lives of citizens of said state
issued during the year 1979 3752018 50
19 Total 9708 19121768 50
20 Deduct ceased to be in force during the year 2617 4782610 00
21 Policies in force Dec 31 7091 14339158 50
22 Losses and claims unpaid December 31 of pre
vious year 18 30916 00
23 Losses and claims incurred during year 62 118500 00
24 Total 80 149416 00
25 Losses and claims settled during the year 70 130927 00
26 Losses and claims unpaid December 31 10 18489 00

THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE
UNITED STATES
W A Day President W Alexander Secretary
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
Dec 31 of previous year 505620953 41
4 Extended at 505620953 41514 ComptrollerGenerals Report
IIIncome
5 First years premiums on original policies i
without deduction for commissions or
other expenses less 7314611 for first
years reinsurance 5031600 06
6 Surrender values applied to pay first years
premiums 7509 49
7 Total first years premiums on original
policies 5039109 55
8 Dividends applied to purchase paid up ad
ditions and annuities 1152540 66
10 Consideration for original annuities involv
ing life contingencies 660864 74
11 Consideration for supplementary contracts
involving life contingencies 394849 67
11 Consideration for disability claims 1789 71
12 Total new premiums 7249154 33
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
64569067 for reinsurance on renewals 45259081 68
14 Dividends applied to pay renewal prem
iums 2532105 01
16 Surrender value applied to pay renewal
premiums 40818 82
17 Renewal premiums for deferred annuities 34788 31
18 Total renewal premiums47 qq 793 g2
19 Extra premiums for total and permanent disability bene
fits 25662 11
20 Total premium income 55 141 610 26
21 Consideration for supplementary contracts not involving
life contingencies 414 985 51
22 Dividends left with the company to accumulate at interest 386311 98
24 Gross interest on mortgage loans less 1063952 accrued
interest on mortgages acquired during 1913 4686231 86
25 Gross interest on collateral loans 13 697 22
26 Gross interest on bonds and dividends on stocks less
9594399 accrued interest on bonds acquired during
1913 12716046 53
27 Gross interest on premium notes policy loans or liens 3975903 58
28 Gross interest on deposits in trust companies and banks 248200 81ComptrollerGenerals Report
515
29 Gross interest on otheT debts due the society Agents
balances 6373948 extended premiums 8021988
overdue interest on bond and mortgage loans 2
01153 overdue rents 3198 total 146002 87
32 Gross discount on claims paid in advance 1974 01
33 Gross rent from companys property including 115
83506 for companys occupancy of its own buildings 984152 42
35 From other sources Fire insurance indemnity fund 5000 00
37 United States income tax 321 27
40 Profits on Unclaimed accounts 197664 discount on
supplies 78753 fees for assignments 32858 policy
claim recoveries 243028 sale of furniture 44816
recoveries on old accounts 267517 total 8646 36
41 From agents balances previously charged off 17650 69
42 Gross profit on sale or maturity of ledger assets viz
Real estate 62450 bonds 10005500 stocks 15
55125 total 116230 75
43 Gross increase by adjustment in book value of ledger
assets viz Bonds 209518 00
44 Total income 79072484 12
IIIDisbursements
1 For death claims less 4691599 reinsur
ance 1959816966 additions 387
71948 total 19985889 14
2 For matured endowments 862430507 ad
ditions 2410080 total 8648405 87
3 For total and permanent disability claims 1789 71
4 Net amounts paid for losses and matured endowments 28636084 72
5 For annuities involving life contingencies 1224151 28
7 Surrender values paid in cash ot applied in liquidation of
loans or notes 11521265 91
8 Surrender values applied to pay premiums 750949 to
pay renewal premiums 4081882 total 48328 31
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 9305136 97
11 Dividends applied to pay renewal premiums 2532105 01
13 Dividends applied to purchase paid up additions and an
nuities 1152540 66
14 Dividends left with the company to accumulate at interest 386311 98
15 Total paid policyholders 54805924 84
16 Expense of investigation and settlement of policy claims 22556 59
16 Premiums waived on account of disability 231 30
516
CompteolleeGenebals Eepoet
17 Paid for claims on supplementary contracts not involving
life contingencies 295006 56
18 Dividends and interest thefton held on deposit surrend
ered during the year 88432 78
19 Paid stockholders for interest or dividends 7000 00
20 Commissions to agents less commission on reinsurance
First years premiums 225230079 renewal premiums
265083342 annuities original 2801032 renewal
153622 total 4932680 75
21 Commuted renewal commissions 161049 57
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 97975 28
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 382488 15
24 Branch office expenses including salaries of managers
and clerks not included in item 22 727459 15
25 Medical examiners fees 29962937 inspection of risks
8532041 total 384949 78
26 Salaries and all other compensation of officers directors
trustees and home office employees 1391174 40
27 Rent including 11302110 for companys occupancy of
its own buildings less 794683 received under sub
lease 477567 41
27 Bent including 11302310 for companys occupancy of
64371 postage telegraph telephone and express
18146938 exchange 170373 487028 55
29 Legal expense not included in item 16 65978 76
30 Furniture fixtures and safes 108674 57
31 Repairs and expenses other than taxes on real estate 304271 64
32 Taxes on real estate 173307 43
33 State taxes on premiums 611 634 18
34 Insurance department licenses and fees 29356 15
35 All other licenses fees and taxes 105267 00
36 Federal corporation tax 81 190 00
39 Other disbursements 239695 18
41 Foreign exchange and currency adjustment 73737 64
42 Interest on policy claims 15446 82
43 Rent deposits 1594 05
44 Deposits on account of insurance 112203 61
45 Losses policy claims 114641 rents 60531 fire 3
i 76366 total 5515 38
46 Agents balances charged off 39952 83
47 Gross loss on sale or maturity of ledger assets viz
Real estate 10789 24
Bonds 138436 00
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 379944 00
49 Total disbursements 66758519 59ComptrollerGenerals Eeport
517
IVLedger Assets
1 Book value of real estate 16541061 11
2 Mortgage loans on real estate first liens 109136045 77
3 Loans secured by pledge of bonds stocks or
other collateral 600000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 86558457 49
6 Book value of bonds 27959002200 and
stocks 1747153200 total 297061554 00
7 Cash in companys offices 49066 81
8 Deposits in trust companies and banks not
on interest 276813 62
9 Deposits in trust companies and banks on
interest 6495171 60
10 Bills receivable 341082 agents and
other balances debit 111196742
credit 94605961 net 16590781
supplies 2421954 193538 17
11 Cash in transit 1023209 31
12 Total ledger assets 517934917 94
NonLedger Assets
13 Interest due 13224724 and accrued
99455430 on mortgages 1126801 54
14 Interest due 1152983 and accrued 3
69664227 on bonds 3708172 10
15 Interest accrued on collateral loans 9000 00
16 Interest due 37970164 and accrued 62
39550 on policy loans 442097 14
17 Interest due 2747287 and accrued 8
58691 on other assets 36059 78
20 Bents due 11459975 and accrued 10
17833 on companys property or lease 124778 08
21 Total interest and rents due and accrued 5446908 64
24 Due from other companies for losses or claims on policies
of this company reinsured 15259 40
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less re
insurance premiums 3558327 49
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 3032707 10518
ComptkolleeGtenebal s Eepobt
27 Totals
28 Deduct loading 2350 per cent
1548893 13
29 Net amount of un collected and deferred premiums 5042141 46
31 Due from other companies for reinsurance unearned 3264 10
35 Gross assets 528442491 54
Deduct Assets Not Admitted
37 Supplies stationery printed matter 24219 54
38 Agents and other debit balances gross 1111967 42
40 Bills receivable 3410 82
43 Book value of ledger assets over market
value viz Stocks i 1957274 70
45 Total
46 Admitted assets
3096872 48
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the
Actuary on the following tables of mortality and rates
of interest viz
Actuaries table at 4 per cent on issues to
1900 148561761 00
Same for reversionary additions 5063311 00
American Experience table at 3 per cent
on issues 1898 to 1906 10436466 00
American Experience table at 3 per cent
on issues 1895 to 1913 251330319 00
Same for reversionary additions 1483384 00
Other tables and rates viz Joint life prior
to 1898 American Experience table at 4
per cent 25852500 childs endowments
and survivorship assurance prior to 1898
Carlisle Experience at 4 per cent 60
33900 childs endowments annual pre
mium 18981906 Carlisle Experience at
3 per cent 9852400 childs endow
ments single premium 18981906 Hm
table at 3 per cent 2065600 joint
life 189S1906 Hm table at 3 per cent
15749100 semitropical 19101913
SesquiAmerican at 3 per cent 699
26500 tropical 19101913 double AmerComptrollerGeneral s Keport
519
iean at 3 per cent 18726600 survivor
ship assurance 1906 Carlisle Experi
ence at 3 per cent 978300 same for
reversionary additions joint life Ameri
can Experience at 4 per cent 647600
semitropical SesquiAmerican at 3 per
cent 2345500 same for reversionary
additions TropicalDouble American at
3 per cent 1021000 total 1531990 00
5 Net present value of annuities including
those in reduction of premiums Regu
lar and deferred to 1898 Actuaries
Experience at 4 per eent 185439300
two life to 1898 Hm table at 4 per cent
12890800 survivorship to 1898 Car
lisle Experience at 4 per cent 3119600
all nonparticipating annuities 1898
1913 McClintocks table at 3 per cent
803085000 supplementary contracts
from 3 per cent policies American Ex
perience table at 3 per cent 994
35700 supplementary contracts from 3
per cent policies American Experience
at 3 per cent 165918500 total 12698889 00
Total 431106120 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 1429452 00
429676668 00
7 Extra reserve for total and permanent
disability benefits 12486 00
8 Net reserve paid for basis 429689154 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the society 2591963 00
9 Present value of premiums waived on account of dis
ability 171100
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 74915 31
11 Claims for death losses due and unpaid 26501 77
12 Claims foT death losses in process of ad
justment and not due 138384 67
13 Claims for death losses reported for which
no proofs have been received 1576005 95520
ComptrollerGenerals Report
14 Reserve for death losses incurred but un
reported 450000 00
15 Claims for matured endowments due and
unpaid 770233 97
16 Claims for death losses and other policy
claims resisted by the company 265421 20
18 Due and unpaid on annuity claims involv
ing life contingencies 32829 96
19 Total policy claims 3259377 52
20 Due and unpaid on supplementary contracts not involving
life contingencies 4 493 10
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 667274 34
22 Premiums paid in advance including surrender values so
applied 374022 90
23 Unearned interest and rent paid in advance 1796919 43
25 Commissions to agents due or accrued 130551 89
27 Salaries rents office expenses bills and accounts due or
accrued 122052 05
28 Medical examiners fees 2135890 and legal fees 22
15600 due or accrued 43514 90
29 Estimated amount hereafter payable for federal state
and other taxes including those based upon the busi
ness of the year of this statement 888225 05
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 1044641 90
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 4780000 00
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 8858794 00
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35 60925148 00
37 Reserve special or surplus funds not included above
38 Fire insurance indemnity fund 38 323 12
39 Fire relief fund 8 391 97
40 Deposits on account of insurance 141023 25
42 United States income tax collected 321 27
45 Total515440818 00
46 Capital stock 100000 00
47 Unassigned funds surplus 9804801 06
48 Total 525345619 06COMPTEOLLEEGrENEEAL s RePOBT 521
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 6903 14388510 00
18 Policies on the lives of citizens of said state
issued during the year 491 945305 00
19 Total 7394 15333815 00
20 Deduct ceased to be in force during the year 562 1225545 00
21 Policies in force Dee 31 6832 14108270 00
22 Losses and claims unpaid Dec 31 of pre
vious year 14 51841 86
23 Losses and claims incurred during year 85 238663 17
24 Total 99 290505 03
25 Losses and claims settled during the year 94 274970 03
26 Losses and claims unpaid Dec 31 5 15535 00
27 Premiums collected ot secured in cash and notes or credits
without any deductions for losses dividends commis
sions or other expenses 460410 91
FEDERAL LIFE INSURANCE COMPANY
Isaac Miller Hamilton President T W Appleby Secretary
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 3092260 24
4 Extended at 3092260 24
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 686780 for first
years reinsurance 144206 19522
ComptrollerGenerals Report
8 Dividends applied to purchase paid up ad
ditions and annuities 68 67
9 Surrender values applied to purchase paid
up insurance and annuities 2681 31
12 Total new premiums 146956 17
13 Eenewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 6
S9601 for reinsurance on renewals 530035 75
14 Dividends applied to pay renewal premiums 13940 93
18 Total renewal premiums 543976 68
19 Extra premiums for total and permanent
disability benefits 34712 and for addi
tional accidental death benefits 1
04138 included in life policies 1388 50
20 Total premium income 692321 35
22 Dividends left with the company to accumulate at in
terest 131 21
24 Gross interest on mortgage loans less
1250 accrued interest on mortgages ac
quired during 1913 43183 99
25 Gross interest on collateral loans 8646 37
26 Gross interest on bonds and dividends on
stocks 18602 88
27 Gross interest on premium notes policy
loans or liens 51703 97
28 Gross interest on deposits in trust com
pany and banks 2629 04
29 Gross interest on other debts due the com
pany Bills Tec overdue inst notes etc 10218 65
33 Gross rent from companys property in
cluding 1000000 for companys occu
pancy of its own buildings 37017 71
34 Total gross interest and rents 172002 61
36 Profit and loss 255 00
37 Income accident and health 67925 48
43 Gross increase by adjustment in book value of ledgeT
assets viz Bonds 2500 stocks 83200 857 00
44 Total income 939492 65
IIIDisbursements
1 For death claims 168636 41
2 For matured endowments 228000 00COMPTROLLERGrENERAL S BePORT
523
3 For total and permanent disability claims
1000 00
4 Net amount paid for losses and matured endowments 397636 41
6 Premium notes and liens voided by lapse less 176257
restorations 8287 85
7 Surrender values paid in cash or applied in liquidation of
loans or notes 119219 80
9 Surrender values applied to purchase paid up insurance
and annuities 2681 31
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 26333 44
11 Dividends applied to pay renewal premiums 13940 93
13 Dividends applied to purchase paid up additions and an
nuities 68 67
14 Dividends left with the company to accumulate at in
terest 6131 21

15 Total paid policyholders 574299 62
16 Expense of investigation and settlement of policy claims 4598 84
17 Paid for claims on supplementary contracts not involv
ing life contingencies 326 25
20 Commissions to agents less commission on reinsurance
First years premiums 10233834 renewal 2005825 122396 59
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 9995 00
23 Agency supervision and traveling expenses of super
visors except compensation for home office supervis
ion 3824 14
24 Branch office expenses including salaries of managers and
clerks not included in item 22 17725 69
25 Medical examiners fees 1022300 inspection of risks
238715 total 12610 15
26 Salaries and all other compensation of officers directors
trustees and home office employees 51775 16
27 Rent including 1000000 for companys occupancy of its
own buildings 10000 00
28 Advertising 868197 printing and stationery 754696
postage telegraph telephone and express 807092
exchange 71959 total 25019 44
29 Legal expense not including item 16 4729 58
30 Furniture fixtures and safes 1102 92
31 Repairs and expenses other than taxes on Teal estate 22657 58
32 Taxes on real estate 5750 26
33 State taxes on premiums 5918 63
34 Insurance department licenses and fees 2533 93
35 All other licenses fees and taxes Federal corporation
tax 274 65
37 Paid oc Interstate Life Assur Co contract 18570 56524 ComptrollerGeneral s Report
40 Miscellaneous expense 5788 32
41 Actuarial expense 488 00
42 Expense on investment 273 04
43 Library 583 04
44 Disbursements ace and health dept 73962 74
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 2559 35
Stocks 704 00
49 Total disbursements 978467 48
IVLedger Assets
1 Book value of real estate 474521 30
2 Mortgage loans on real estate 718993 05
3 Loans secured by pledge of bonds stocks
or other collateral 115035 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 1169133 73
5 Premium notes on policies in force of
which 292566 is for first years prem
iums 28258 14
6 Book value of bonds 37050200 and
stocks 1720800 total 387710 00
7 Cash in companys office 7856 78
9 Deposits in trust companies and banks on
interest 120778 65
10 Bills receivable 863960 agents balances
debit 1334000 credit 4593 net 13
29407 21933 67
11 Suspense act ptg fur fix library and
agency 9064 49
12 Total ledger assets 3053285 41
NonLedger Assets
13 Interest due 203890 and accrued 14
03145 on mortgages 16070 35
14 Interest accrued on bonds 6969 34
15 Interest accrued on collateral loans 4027 61
16 Interest accrued on premium notes policy
loans or liens 12737 50
17 Interest accrued on other assets Certifi
cates of deposit in bank and bank bal
ances 2382 01
21 Total interest and rents due and accrued 42 186 81COMPTROLLERGrENERAL S REPORT
525
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less re
insurance premiums 45731 39
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 45806 42
27 Totals
28 Deduct loading
91537 81
25509 61
29 Net amount of uncollected and deferred premiums
66028 20
35 Gross assets 3161500 42
Deduct Assets Not Admitted
37 Supplies stationery printed matter 2
50000 furniture fixtures and safes
571457 8214 57
38 Commuted commissions 13340 00
40 Bills receivable 8639 60
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 45484 78
43 Book value of ledger assets over market
value 6180 45
44 Suspense account 849 92
45 Total 82709 32
46 Admitted assets 3078791 10
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31 day of Dec 1913 as computed by the Ins
Dept of 111 on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent 2306529 00
2 American Experience table at 3 per cent 308661 00
Total 2615190 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 14977 00
7 Extra reserve for total and permanent dis
ability benefits 22900 and for addi
tional accidental death benefits 68900
included in life policies
918 60526
ComptbollebGenebals Eepoet
8 Net reserve
9 Present value of amounts not yet due on
supplementary contracts not involving
life contingencies computed by the com
pany
12 Claims for death losses in process of ad
justment or adjusted and not due
15 Claims for matured endowments due and
unpaid
16 Claims for death losses and other policy
claims resisted by the company
2601131 00
2482 00
3000 00
3500 00
12360 74
19 Total policy claims 18860 74
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 6263 03
22 Premiums paid in advance including surrender values so
applied 2694 99
23 Unearned interest and rent paid in advance 6697 28
24 Commissions due to agents on premiums notes when paid 861 31
25 Commissions to agents due or accrued 1005 00
27 Salaries rents office expenses bills accounts due or
accrued 875 00
28 Medical examiners fees 683 00
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 7380 06
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35 76446 09
Keserve special or surplus funds not included above
Coupons matured and unpaid inc int 3415 27
All other liabilities Liabilities ace and health dept 4474 2S
43 Keserved for possible liability Northern Life 7000 00
46 Capital stock 300000 00
47 Unassigned funds surplus 38255 05
48 Total 3 078 791 10
i7
38
41CoMPTEOLLEBGrENEEALS RePOET
527
2
5
9
10
11
12
13
14
15
16
17
18
THE FIDELITY MUTUAL LIFE INSURANCE COMPANY
Chas Gr Hodge Secretary
J H Byrley Atlanta Ga Attorney for Service
ICapital Stock
Amount of ledger assets as per balance
Dee 31 of previous year 26656839 71
Extended at 26656839 71
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 269573 for first
years reinsurance 437352 2o
Surrender values applied to pay first years
premiums 175 21
Total first years premiums on original
policies 437527 46
Dividends applied to purchase paid up ad
ditions and annuities 32611 33
Surrender values applied to purchase paid
up insurance and annuities 689 83
Consideration for original annuities involv
ing life contingencies 5000 00
Consideration for supplementary contracts
involving life contingencies 214 25
Total new premiums 476048 87
Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 8
29708 for reinsurance on renewals 4139488 89
Dividends applied to pay renewal prem
iums 193725 14
Dividends applied to shorten the endow
ment or premiumpaying period 6606 41
Surrender values applied to pay renewal
premiums 11398 42
Renewal for deferred annuities 4477 15
Total renewal premiums 4355696 01528
CompteollebGenebals Eepobt
19
Extra premiums for total and permanent
disability benefits 3299228 and for ad
ditional accidental death benefits 6
80512 included in life policies
39797 40
25
20 Total premiums income
21 Consideration for supplementary contracts not involving
life contingencies
22 Dividends left with the company to accumulate at interest
24 Gross interest on mortgage loans less 629403 accrued
interest on mortgages acquired during 1913
Gross interest on collateral loans
26 Gross interest on bonds and dividends on stocks less
50000 accrued interest on bonds acquired during
1913
27 Gross interest on premium notes policy loans or liens
28 Gross interest on deposits in trust companies and banks
29 Gross interest on other debts due the company Deferred
premiums
31 Agents balances
33 Gross rent from companys property including 4000000
for companys occupancy of its own buildings
35 From other sources Policy fees
37 Commissions on mtgs
42 Gross profit on sale or maturity of ledger assets viz
Bonds
43 Gross increase by adjustment in book value of ledger
assets viz Bonds
4871542 28
16913 25
12834 01
565393 61
10153 07
350522 54
480090 06
S672 50
11792 42
9854 08
92837 79
87 00
1925 00
748 98
7010 98
44 Total income 6368377 57
IIIDisbursements
1 For death claims 159176793 additions
8443884 1676206 77
2 For matured endowments 5278703 ad
ditions 12100 52 908 03
3 For total and permanent disability claims
149837 and for additional accidental
death benefits 125000 total 2 748 37
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums 17521
to pay renewal premiums 1139842
9 Surrender values applied to purchase paidup insurance
and annuities
1731863 17
16144 45
793829 26
11573 63
689 83ComptrollerGenerals Report
529
10 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes 31744 03
11 Dividends applied to pay renewal premiums 193725 14
12 Dividends applied to shorten the endowment or premium
paying period 6606 41
13 Dividends applied to purchase paid up additions and an
nuities 32617 33
14 Dividends left with the company to accumulate at in
terest 12834 01
15 Total paid polieyholders 2831727 26
16 Expense of investigation and settlement of policy claims
including 320128 for legal expense 5340 20
17 Paid for claims on supplementary contracts not involving
life contingencies 35530 32
18 Dividends and interest thereon held on deposit surren
dered during the year 3600 83
20 Commissions to agents less commission on reinsurance
First years premiums 18407669 renewal premiums
18809944 annuities original 25000 372426 13
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 3700 00
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 30992 98
24 Branch office expenses including salaries of managers
and clerks not included in item 22 92905 21
25 Medical examiners fees 3461812 inspection of risks
1513504 total 49753 16
26 Salaries and all other compensation of officers directors
trustees and home office employees 173489 76
27 Kent including 4000000 for companys occupancy of its
own buildings less 79400 received under sublease 70425 56
8 Advertising 973017 printing and stationery 32
51732 postage telegraph telephone and express 21
33705 total 63584 54
29 Legal expense not included in item 16 11422 94
30 Furniture fixtures and safes 5235 50
31 Repairs and expenses other than taxes on real estate 52980 36
32 Taxes on real estate 14357 53
33 State taxes on premiums 77328 45
34 Insurance department licenses and fees 6554 60
35 All other licenses fees and taxes Federal corporation
tax 5507 73
37 Muncipal licenses 1552 13
38 Personal property tax 51222 98
39 Other disbursements Miscellaneous expenses 11095 43
41 Commissions for collecting interest on mortgs 1595 89
42 Interest 511 18530 ComptrollerGenerals Eeport
47 Gross loss on sale or maturity of ledger assets viz
Bonds 2454 55
48 Gross decrease by adjustment in book value of ledger
assets viz Real estate 14641 26
Bonds including 240234 for amortization of prem
ium 174665 79
Stocks 53352 50
49 Total disbursements 4217954 77
IVLedger Assets
1 Book value of real estate 1330169 08
2 Mortgage loans on real estate 11135605 75
3 Loans secured by pledge of bonds stocks
or other collateral 186264 31
4 Loans made to policyholders on this com
panys policies assigned as collateral 7882280 25
5 Premium notes on policies in force of
which 9077437 is for first pears
premiums 463042 15
6 Book value of bonds 686515757 and
stocks 12106550 total 6986223 07
7 Cash in companys office 676 20
9 Deposits in trust companies and banks on
interest 386510 98
10 Bills receivable 2837841 agents bal
ances debit 41713930 credit 9
02699 net 40811231 436490 72
12 Total ledger assets 28807262 51
NonLedger Assets
13 Interest due 4155861 and accrued 185
69620 on mortgages 227254 87
14 Interest accrued on bonds 112158 90
15 Interest due 2889 and accrued 128644
on collateral loans 1315 33
10 Interest due 1875494 and accrued 57
23802 on premium notes policy loans or
liens 75992 96
20 Rents due on companys property or lease 915 00
21 Total interest and rents due and accrued 417 637 06
22 Market value of real estate over book value 101 486 70
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less re
insurance premiums 245109 55ComptbollebGeneeals Eepoet
531
26 Gross deferred premiums on policiese in
force Dee 31 1913 less reinsurance
premiums
27 Totals
28 Deduct loading
316100 73
561210 28i
114321 26
29 Net amount of uncollected and deferred premiums 446889 02
35 Gross assets 29773275 29
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 Bonds and stocks
417139 30
28378 41
98608 69
332756 07
46 Admitted
assets 28876392 82
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the Pa
Ins Dept on the following tables of mortality and
rates of interest viz
Actuares table at 4 per cent on all poli
cies issued prior to Jany 1 1901 5990736 00
American Experience table at 3 per cent
on all policies issued since Jan 1 1901
except as specified in item 3 19081913
select and ultimate 13576597 00
Same for reversionary additions 79326 00
American Experience table at 3 per cent
on special joint policies issued since
Oct 1904 in lieu of old policies also
regular limited payment policies issued
since Jan 1 1907 19081913 select and
ultimate 5092303 00
Net present value of annuities including
those in reductionof premiums Me
Clintock s 3 per cent 96345 00
American 3y2 per cent 6109100
Total 24896398 00
6 Deduct net value of risks of this company
reinsured in othersolventcompanies 5530 00532
ComptrollerGenerals Report
Extra reserve for total and permanent dis
ability benefits 4405900 and for ad
ditional accidental death benefits 4
02900 included in life policies
48088
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 in
eluded in net reserve upon which a
surrender value may be demanded 8116 54
12 Claims for death losses in process of ad
justment 22000 00
13 Claims for death losses reported for which
no proofs have been received 64 464 20
14 Eeserve for net death losses incurred but
unreported 37803 13
16 Claims for death losses and other policy
claims resisted by the company 25000 00
19 Total policy claims t
20 Due and unpaid on supplementary contracts not involv
ing life contingencies
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
24 Commissions due to agents on premium notes when paid
27 Salaries rents office expenses bills accounts due or ac
crued
28 Medical examiners fees
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35
24938956 00
390690 57
149267 33
2342 50
36225 79
18686 21
154094 64
13392 72
5215 97
10700 00
72201 64
13744 09
275534 11
92924 46
1771669 21ComptbollebGeneeals Bepobt 533
37 Reserve special or surplus funds not included above
38 Excess interest payable in 1914 on instalment claims 3038 00
47 ITnassigned funds surplus 939593 02
48 Total 28896392 82
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 3932825 00
18 Policies on the lives of citiens of said state issued during
the year 738593 00
19 Total 4671418 00
20 Deduct ceased to be in force during the year 509029 00
21 Policies in force Dec 31 4162389 00
22 Losses and claims unpaid Dec 31 of previous year 2505 80
23 Losses and claims incurred during the year 47854 75
24 Total 50360 55
25 Losses and claims settled during the year in cash 47360 55
26 Losses and claims unpaid Dec 31 3000 00
27 Premiums collected ot secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 149652 16
THE FRANKLIN LIFE INSURANCE COMPANY
E 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
Dec 31 of previous year 5721260 58
4 Extended at 5721260 58
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 433612 for first
years reinsurance 238078 24534
COMPTROLLEBGrENERAIis EePOET
Surrender values applied to pay first
years premiums
138 93
7 Total first years premiums on original
policies 238217 17
8 Dividends applied to purchase paid up ad
ditions and annuities 93 92
9 Surrender values applied to purchase paid
up insurance and annuities 35822 53
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 7
00824 for reinsurance on renewals 1124737 75
14 Dividends applied to pay renewal prem
iums 23584 82
16 Surrender values applied to pay renewal
premiums 24 00
274133 62
18 Total renewal premiums i 148 345 57
406 75
3597 66
20 Total premium income 1 422 480 19
22 Dividends left with the company to accumulate at in
terest
23 Ledger assets other than premiums received from other
companies for assuming their risks
24 Gross interest on mortgage loans less
8053 accrued interest on mortgages
acquired during 19131
25 Gross interest on collateral loans
26 Gross interest on bonds less 8055 accru
ed interest on bonds acquired during
1913
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
29 Gross interest on other debts due the com
pany Interest in quarterly and semi
annual premiums 9 428 SO
33 Gross rent from companys property in
cluding 833333 for companys occu
pancy of its own buildings 8 333 33
151S22 54
12206 08
28890 58
73944 26
1052 05
34 Total gross interest aad rents
35 From other sources Federal income tax withheld
41 From agents balances previously charged off
285677 64
280 01
998 50CompteolleeGenebals Kepoet
535
43 Gross increase by adjustment in book value of ledger
assets viz Bonds including 876 for accrual of
discount
44 Total income
IIIDisbursements
153 76
1713594 51
1 For death claims less 1000000 reinsur
ance 37810242 additions 1888593 396988 35
2 For matured endowments 209450 00
4 Net amount paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse less 572459
restorations
7 Surrender values paid in cash or applied in liquidation
of loans or notes
8 Surrender values applied to pay new premiums 13893
to pay renewal premiums 2400 total
9 Surrender values applied to purchase paid up insurance
and annuities
10 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and an
nuities
14 Dividends left with the company to accumulate at in
terest
15 Total paid polieyholders
16 Expense of investigation and settlement of policy claims
including 29250 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surren
dered during the year
19 Paid stockholders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 13310773 renewal premiums
6356190 total
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
25 Medical examiners fees 1666080 inspection of risks
729231
606438 35
275 64
14415 47
180961 73
162 93
35822 53
58779 88
23584 82
93 92
406 75
921942 02
433 70
750 00
153 98
5000 00
196669 63
36887 47
20981 54
23953 11536 ComptbollebGeneeals Eepoet
26 Salaries and all other compensation of officers directors
trustees and home office employees gg 740 37
27 Bent including 833333 for companys occupancy ofits
own buildings
no e ldfa5 15
28 Advertising 613332 printing and stationery 9
78586 postage telegraph telephone and express 7
53542 exchange 210948 25 564 48
29 Legal expense not included in item 16 gj85 67
30 Furniture fixtures and safes is897 35
31 Bepairs and expenses other than taxes on real estate 3128 32
32 Taxes on real estate g3g 35
33 State taxes on premiums 13 901 g
34 Insurance department licenses and fees 4 c8
35 All other licenses fees and taxes Federal corporation
ow T ta 2098 4
37 Investment tax 17
38 Miscellaneous local licenses and fees 14 04
39 Other disbursements Traveling expenses 3 254 89
41 Investment expenses 471 5i
42 Miscellaneous expenses 7 756 6
43 Expense incurred acet reinsurance Inter Ocean Life and
Oasuality Oo 4 P14 15
46 Agents balances charged off gsllO 83
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 9 nf
49 Total disbursements 1453501 20
IVLedger Assets
1 Book value of real estate 280 000 00
2 Mortgage loans on real estate 2918150 00
3 Loans secured by pledge of bonds stocks
or other collateral 236600 00
4 Loans and liens made to policyholders on
this companys policies assigned as eol
lateral 1574267 40
5 Premium notes on policies in force of
which 2926569 is for first years
premiums 58131 n
6 Book value of bonds 64267555 642 675 55
7 Cash in companys office 50 95
S Deposits in trust companies and banks not
on interest 155j554 07
10 Agents balances debit 4947915 credit
221694 net 4726221 47 262 21
12 Total ledger assets 5981353 8ffComptrollerGenerals Beport
NonLedger Assets
537
13 Interest accrued on mortgages 6
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 otheT assets
72913 86
10260 43
3080 52
1615 59
18 24
21 Total interest and rents due and accrued
23 Market value not including interest in Item 14 of
bonds over book value
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less
reinsurance premiums 81028 15
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 75929 4b
87888 64
7234 03
27 Totals
28 Deduct loading
156957 61
34633 90
29 Net amount of uncollected and deferred premiums
122323 71
35 Gross assets 6198800 27
Deduct Assets Not Admitted
38 Agents debit balances gross 49479 15
41 Premium notes and loans on policies and net premiums
in item 29 in excess of the net value of
their policies 22654 89
46 Admitted assets 6126666 23
VLiabilities Surplus and Other Funds
Net present value of all outstanding policies in force on
the 31st day of Dec 1913 as computed by the Illinois
Ins Dept on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on business
issued prior to July 1 1907 3871865 00
2 American Experience table at 3 per cent
on business issued since July 1 1907 1064530 00
Same for reversionary additions 224 00538
ComptrollerGenerals Report
5 Net present value of annuities including
those in reduction of premiums Ac
tuaries 4 per cent and American 3 per
cent V 5423 00
Total 4942042 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 4866 00
7 Extra reserve for total and permanent dis
ability benefits 1837 00
8 Net reserve 4939013 00
9 Present value of amount not yet due on supplementary
contracts not involving life contingencies 9 421 00
13 Claims for death losses reported for which
no proofs have been received 15010 34
15 Claims for matured endowments due and
unpaid i000 00
16 Claims for death losses and other policy
claims resisted by the company 2244 50
19 Total policy claims 18254 84
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 1 545 30
22 Premiums paid in advance including surrender values so
applied 6971 18
23 Unearned interest and rent paid in advance 18 359 67
24 Commissions due to agents on premium notes when paid 14 744 86
25 Commissions to agents due or accrued 4 017 02
26 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 922 82
27 Salaries rents office expenses bills and accounts due or
accrued 13611 60
28 Medical examiners fees 747 qq
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 3g 3 qq
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 3 392 08
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 21972 g7
35 Diviends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 61 759 81CompteolleeGeneeals Eepoet 539
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not include in item 35 424454 23
37 Reserve special or surplus funs not included above
Trust fund 559 01
42 Fund held for special class of policies 111430 49
43 Fund held for all other contingensies 331171 45
46 Capital stock W 00
48 Total 6126666 23
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 2885008 00
18 Policies on the lives of citizens of said state issued dur
ingtheyear 840902 00
19 Total 3725910 00
20 Deduct ceased to be in force during the year 549330 00
21 Policies in force December 31 3176580 00
22 Dosses and claims unpaid Dec 31 of previous year 2244 50
23 Losses and claims incurred during the year 20234 94
24 Total 2247944
25 Losses and claims settled during the year in cash 17234 94
26 Losses and claims unpaid December 31 5244 50
27 Premiums collected or secured in cash and Notes on
credits without any deduction for losses dividends
commissions or other expenses 62101 64
THE GERMANIA LITE INSURANCE COMPANY
Cornelius Doremus President Carl Heye Secretary
Home Office 50 Union Square New York N Y
Alexander C King Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200060 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 47294090 98
4 Extended at ZZZZ7 47294090 98540
CompteollebGeneeals Eepoet
IIIncome

5 First years premiums on original policies
without deduction for commissions or
other expenses less 343823 for first
years reinsurance 726 912 10
8 Dividends applied to purchase paid up ad
ditions and annuities 67 215 46
9 Surrender values applied to purchase paid
up insurance and annuities 126684 65
10 Consideration for original annuities in
volving life contingencies 8 220 50
11 Consideration for supplementary contracts
involving life contingencies 1755 34
llConsideration for total and permanent
disability claims allowed 734 76
12 Total new premiums 931 522 81
13 Eenewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 17
17014 for reinsurance on renewals 4820727 19
14 Dividends applied to pay renewal prem
iums 418869 36
17 Eenewal premiums for deferred annuities 150 44
18 Total renewal premiums 5 239 746 99
19 Extra premiums for total and permanent disability
benefits 6122 08
20 Total premium income4 g 177 39 gg
21 Consideration for supplementary contracts not involving
life contingencies 32 203 60
22 Dividends left with the company to accumulate at in
terest 3952 96
24 Gross interest on mortgage loans 1283662 69
26 Gross interest on bonds and dividends on
stocks less 775938 accrued interest on
bonds acquired during 1913 421438 69
27 Gross interest on premium notes policy
loans or liens 307439 63
28 Gross interest on deposits in trust com
panies and banks 7 qq 22
29 Gross interest on other debts due the com
pany Advances to agents 545 13
32 Gross discount paid in advance 135 13
ComptbolleeGtenebals Eepoet 541
33 Gross rent from companys property in
cluding 4834190 for companys occu
pancy of its own buildings 327985 74
34 Total gross interest and rents 2349117 23
35 From other sources Policy fees 2397 03
37 Cheeks not presented for payment 86 62
38 Received in payment of bank balances not incl in assets
of previous year 12 22
39 Difference between the equivalent in marks at 85 of Kr 458 82
40 Amortization of Austrian government loan and amount
reported by European branch 5 46
42 Gross profit on sale or maturity of ledger assets viz
Bonds 8954 60
43 Gross increase by adjustment in book value of ledger
assets viz Bonds 4240 65
44 Total income 8578362 25
IIIDisbursements
1 Dor death claims 145743833 addi
tions 3383757 1491275 90
2 For matured endowments 164413059
additions 2401830 1668148 89
3 For total and permanent disability claims 734 76
4 Net amounts paid for losses and matured endowments 3160159 55
5 For annuities involving life contingencies 41850 98
7 Surrender values paid in cash or applied in liquidation
of loans or notes 958785 9
9 Surrender values applied to purchase paid up insurance
and annuities 126684 65
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 412334 54
11 Dividends applied to pay renewal premiums 418869 36
13 Dividends applied to purchase paidup additions and
annuities 67215 46
14 Dividends left with the company to accumulate at in
terest 395296
15 Total paid policyholders 5189853 46
16 Expense of investigation and settlement of policy claims
including 52555 for legal expense 1138 24
17 Paid for claims on supplementary contracts not involving
life contingencies 8214 19
I714 Premiums waived by company on account of total and
permanent disability of insured 103 03
542
ComptrollerGenerals Bepokt
18 Dividends and interest thereon held on deposit surrender
ed during the year 1325 02
19 Paid stockholders for interest and dividends 24000 00
20 Commissions to agents less commission on reinsurance
First years premiums 30296009 renewal premiums
23338264 annuities original 21805 renewal 596 536566 74
21 Commuted renewal commissions 1442 69
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 92261 84
24 Branch office expenses including salaries of managers
and clerks not included in item 22 263007 00
25 Medical examiners fees 5198328 inspection of risks
861660 60599 88
26 Salaries and all other compensation of officers directors
trustees and home office employees 211402 48
27 Rent including 4834190 for companys occupancy of
its own buildings 48341 90
28 Advertising 1403407 printing and stationery 27
15261 postage telegraph telephone and express 40
35449 exchange 396137 total 85502 54
29 Legal expense not included in item 16 3776 61
30 Furniture fixtures and safes 10192 10
31 Repairs and expenses other than taxes on real estate 132006 31
32 Taxes on real estate 52170 J1
33 State taxes on premiums 52 810 18
34 Insurance department licenses and fees 5695 51
35 All other licenses fees and taxes Federal corporation
tax 398754 municipal licenses and fees 188110
miscellaneous fees 146881 total 7337 45
39 Other disbursements Interest on loans from banks 12
91704 office supplies 837779 travelling expenses of
officers and home office supl 224819 association
dues 140067 legislative expenses 81470 insur
ance papers 199132 office repairs 38356 ice
laundry and lunches 113273 sundries 440123 33667 23
46 Agents balances charged off 17 959 28
47 Gross loss on sale or maturity of ledger assets viz
Bonds 330 90
48 Gross decrease by adjustment in book value of ledger
assets viz Real estate 4630000 bonds 504331 51348 31
49 Total disbursements 6891053 20
IVLedger Assets
1 Book value of real estate 4800241 47
2 Mortgage loans on real estate 27451379 20
4 Loans made to policyholders on this com
panys policies assigned as collateral 5974931 86ComptrollerGenerals Report
Book value of bonds 10451072 92
Cash in companys office 688 76
Deposits in trust companies and banks not
on interest
Deposits in trust companies and banks on
interest 220761 25
543
82324 57
12
13
14
16
20
21
25
26
27
28
29
35
43
46
Total ledger assets 48981400 OS
NonDedger Assets
Interest due 448036 and accrued 454
33630 on mortgages 458816 66
Interest due 907443 and accrued 141
78900 on bonds 150863 43
Interest due 1144600 and accrued 22
62030 on premium notes policy loans or
liens 34066 30
Rents due on companys property or lease 4301 46
Total interest and rents due and accrued 648047 85
Gross premiums due and unreported on
policies in force Dec 31 1913 less
reinsurance premiums 773528 00
Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 612169 00
Totals 1385697 00
Deduct loading 25 per cent 346424 25
Net amount of uncolleeted and deferred premiums 1039272 75
Gross assets 50668720 63
Deduct Assets Not Admitted
Book value of ledger assets over market
value viz Bonds
919858 59
Admitted assets 49748862 04
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
New York Ins Dept on the following tables of mor
tality and rates of interest viz544
ComptrollerGenerals Eeport
2 American experience table at 3 per cent
on all policies issued prior to Jan 1
1910 except policies issued through the
home dept subsequent to Dec 31 1901
and prior to Jan 1 1907 and 5 per cent
gold bond policies 31601972 00
Same for reversionary additions 443738 00
3 American Experience table at 3 per cent
on all policies issued subsequent to Dec
31 1909 and policies included in the ex
ceptions above 9941635 00
Same for reversionary additions 24893 00
5 Net present value of annuities including
those in reduction of premiums
American Table of Mortality with 3
per cent interest MeClintocks Annui
tant table of mortality with 3 per
cent interest American table of mortal
ity with 3 per cent interest 435006 00
Total 42447244 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 78616 00
42368628 00
7 Extra reserve for total and permanent dis
ability benefits 2442 00
8 Net reserve 42371070 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company oygg 93
9 Present value of future premiums waived on account of
total and permanent disability of insured 734 76
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 7 7g 07
11 Claims for death losses due and unpaid 34310 89
12 Claims for death losses in process of ad
justment or adjusted and not due 7308 04
13 Claims for death losses reported for which
no proofs have been received 133771 14
14 Reserve for net death losses incurred but
unreported 25000 00
15 Claims for matured endowments due and
unpaid 37279 50
16 Claims for death losses and other policy
claims resisted by the company 3380 00ComptrollerGenerals Report
18 Due and unpaid on annuity claims involv
ing life contingencies
3427 97
28
29
33
19 Total policy claims
20 Due and unpaid on supplementary contracts not involving
life contingencies
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
25 Commissions to agents due or accrued
27 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 1914 whether
contingent upon the payment of renewal premiums or
otherwise
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included dn
item 35
37 Reserve special or surplus funds not included above
38 Extra Reserve for absolute war and world policies
39 Life annuity in lieu of renewal commission
46 Capital stock
47 Unassigned funds surplus 4
34
48 Total
Business in the State of Georgia During the Year
No
545
244477 54
250 00
17772 06
26626 00
83449 35
925 41
4778 31
3257 28
55539 00
169912 21
565000 00
398514 62
3494317 56
129084 26
21315 00
200000 00
1860353 68
49748862 04
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
Amount
855 1360055 20
235790 00
973 1595845 20546 ComptrollebGeneeals Eepoet
20 Deduct ceased to be in force during the year 73 134 081 20
21 Policies in force December 31 900 1461764 00
23 Losses and claims incurred during year 8 19 787 73
25 Losses and claims settled during the year in cash 6 15 787 73
26 Losses and claims unpaid Dec 31 2 4 000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 48 736 82
HOME LIFE INSUBANCE COMPANY
George E Ide President Ellis W Gladion VicePresident and Secretary
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 27327513 15
4 Extended at 27327513 15
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1722770 for first
years reinsurance
8 Dividends applied to purchase paidup ad
ditions and annuities
8 Natural endowments applied to purchase
paidup additions and annuities
10 Consideration for original annuities involv
ing life contingencies
11 Consideration for supplementary contracts
involving life contingencies
397504 23
302313 75
3450 43
26784 52
9311 62
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
issions or other expenses less 5288682
for reinsurance on renewals 3137 157 57
14 Dividends applied to pay renewal premiums 195077 86
15 Dividends applied to shorten the endowment
or premiumpaying period 25 56
739364 55
ComptrollerGenerals Report
547
16
17
18
19
20
31
22
24
26
27
28
30
33
34
42
43
Surrender values applied to pay renewal
premiums
Renewal premiums for deferred annuities
320 74
14903 79
Total renewal premiums
Extra premiums for total and permanent disability benefits
i
Total premium income
Consideration for supplementary contracts not involving life
contingencies
Dividends left with the company to accumulate at interest
3347485 52
1242 34
4088092 41
7354 00
12506 78
Gross interest on mortgage loans 344723 73
Gross interest on bonds and dividends on
stocks less 1744063 accrued interest on
bonds acquired during 1913 656152 43
Gross interest on premium notes policy
loans or liens 256702 03
Gross interest on deposits in trust companies
and banks 4365 45
Int on agents advance 228772 int and
for extension of prem 759969 total 9887 41
Gross rent from companys property includ
ing 30000 for companys occupancy of
its own buildings 90878 73
Total gross interest and rents
Gross profit on sale or maturity of ledger
assets viz Bonds
Stocks
1378 00
8141 25
Total
Gross increase by adjustment in book value of ledger as
sets viz Bonds including accrual of discount
1362709 78
9519 25
6945 48
44 Total income
IIIDisbursements
For death claims less 500000 reinsur
ance 103083298 additions 223600
total 1033068 98
For matured endowments 44964800 ad
ditions 23805678 total 687704 78
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
1720773 76
46615 69
631905 95
320 74548
ComptrollerGenerals Eeport
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes vvvvvv
11 Dividends applied to pay renewal premiums
12 Dividends applied to shorten the endowment or premium
paying period
13 Dividends applied to purchase paidup additions and annui
ties
14 Dividends left with the company to accumulate at interest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
including 75690 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
19 Paid stockholders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 17825149 renewal premiums
22169799 annuities original 80718 renewal
112640 total
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 2693254 inspection of risks
381703 total
26 Salaries and all other compesation of officers directors
trustees and home office employees
27 Eent
28 Advertising 1626302 printing and stationery 12
67680 postage telegraph telephone and express 8
65334 exchange 1393 total
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State Taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
37 Tax on reserves
40 Investment expenses rent of vault etc
41 Traveling expenses of officers and home office employees
42 Legislative and other expenses paid through Association of
Life Insurance Presidents
43 Miscellaneous expenses
30763 06
195077 86
25 56
302313 75
12506 78
2940303 15
790 55
34959 73
3271 19
15000 00
401883 06
44259 59
87694 02
30749 57
201312 27
30000 00
37607 09
4524 44
5611 32
33545 56
16742 50
52809 37
9093 60
1129 56
2566 99
1005 72
2516 40
1245 16
3590 38ComptrollerGenerals Report 549
48 Gross decrease by adjustment in book
value of ledger assets viz Real estate 50000 00
Bonds 11409 75
Total 61409 75
49 Total disbursements 4023620 97
IVLedger Assets
1 Book value of real estate 1450000 00
2 Mortgage loans on real estate first liens 6869820 00
4 Loans made to polieyholders on this com
panys policies assigned as collateral 4008626 89
5 Premium notes on policies in force of
which 114194 is for first years pre
miums 628548 72
6 Book value of bonds 1407622125 and
stocks 131845902 total 15394680 27
8 Deposits in trust companies and banks not
on interest 46313 50
9 Deposits in trust companies and banks on
interest 380519 90
10 Agents balances debit 960412 credit
5960 net 9544 52
11 Suspense account balance in FirstSecond
National Bank Pittsburg Pa 2966 08
12 Total ledger assets 28791019 88
NonLedger Assets
13 Interest accrued on mortgages 28379 70
14 Interest accrued on bonds 195491 16
16 Interest due 1699216 and accrued
25187 on premium notes policy loans or
liens 17244 03
18 Interest accrued banks and trust companies 673 79
20 Rents due 192792 and accrued 208332
on companys property or lease 4011 24
21 Total interest and rents due and accrued 245799 92
24 Due from other companies for losses or claims on policies
of this company reinsured 1000 00
25 Gross premiums due and unreported on pol
icies in force December 31 1913 232253 27550
CompteolleeGenebals Eepoet
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums
27 Totals
28 Deduct loading
333092 80
565346 07
130281 62
29 Net amount of uncollected and deferred premiums
435064 45
35 Gross assets 29472884 25
Deduct Assets Not Admitted
9604 12
281291 02
38 Agents debit balances
44 Bonds 3772200 stocks 24355902 to
tal
45 Total
290885 14
46 Admitted assets 29181999 11
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 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 en
dowment and term policies with continu
ous or limited premiums with or without
a pure endowment or return premium
feature par or nonpar issues 18601900
inclusive 10680351 00
Same for reversionary additions 188812 00
Total 10869163 00
2 American experience table at 3 per cent
on same classes as above issues of 1901
1907 inclusive 9009525 00
Same for reversionary additions 2508620 00
Total 11518145 00
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 feature for
issues 18941913 3486161 00
Same for reversionary additions 9529 00
Total 3495690 00ComptrollerGenerals Eeport 551
5 Net present value of annuities viz
Actuaries table at 4 per cent 156547 00
American experience table at 3 per cent 275227 00
McClintocks table at 3 per cent 113129 00
Total 544903 00
Total2642790100
6 Deduct net value of risks of this company reinsured in other
solvent companies 195374 00
7 Extra reserve for total and permanent disability benefits 696 00
8 Net reserve 26233223 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies 224473 00
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded 5085 08
12 Claims for death losses in process of adjust
ment or adjusted and not due 2489 95
13 Claims for death losses reported for which
no proofs have been received 143013 21
14 Reserve for net death losses incurred but
unreported 15000 00
15 Claims for matured endowments due and
unpaid 25016 87
16 Claims for death losses and other policy
claims resisted by the company 7000 00
19 Total policy claims 192520 03
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 38347 27
22 Premiums paid in advance including surrender values so
applied 2972204
23 Unearned interest and rent paid in advance 139288 19
25 Commissions to agents due or accrued 9712 23
27 Salaries rents office expenses bills and accounts due or
accrued 00 00
28 Medical examiners fees 69268 and legal fees 276378
due or accrued 3456 46
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 57000 00
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
17624 81
miums lr
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 125000 00552 ComptrollerGenerals Eepoet
42 Present value of dividends applied to shorten premium
paying period 105 53
46 Capital stock 125000 00
47 Unassigned funds surplus 1 979 941 47
48 Total 29181999 11
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 701 1839 404 00
18 Policies on the lives of citizens of said State is
sued during the year 97 222528 24
19 Total 798 2061932 24
20 Deduct ceased to be in force during the year 63 145 947 24
21 Policies in force December 31 735 1915985 00
22 Losses and claims unpaid December 31 of previous
year 1 1000 00
23 Losses and claims incurred during year 8 16 062 24
24 Total 9 17062 24
25 Losses and claim settled during the year in cash 8 16 062 24
26 Losses and claims unpaid December 31 1 1 000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses gl 340
INDEPENDENT LIFE INSURANCE COMPANY OF NASHVILLE TENN
Home Office First Natl Bank Bldg Nashville Tenn
Paul Roberts President M J McGuire Secretary
ICapital Stock
1 Amount of capital paid up
in cash 200935 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 283676 48
3 Decrease of capital during the year 8065 00
4 Extended at
274611 48ComptrollerGenerals Report
553
IIIncome
5 Eirst years premiums on original policies
without deduction for commissions or
other expenses 2071986 less 35613
for first years reinsurance
20363 73
12 Total new premiums 20363 73
13 Eenewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses 37
27770 less 111461 for reinsurance on
renewals 36163 09
17 Renewal premiums industrial 93571 16
18 Total renewal premiums 129734 25
20 Total premium income 150097 98
23 Ledger assets other than premiums received from other
companies for assuming their risks 207926 63
24 Gross interest on mortgage loans less
65242 accrued interest on mortgages
acquired during 1913 6872 78
26 Gross interest on bonds and dividends on
stocks less 40000 accrued interest on
bonds acquired during 1913 15 16
27 Gross interest on premium notes policy
loans or liens 402 21
29 Gross interest on other debts due the com
pany miscellaneous 473 00
33 Gross rents from companys property in
cluding 121000 for companys occu
pancy of its own buildings 35849 31
34 Total gross interest and rents 43612 46
35 Prom other sources Borrowed money 800 00
37 M E Stribe 520 15
38 E L Williams 191 10
39 Surplus from stock 105000 00
40 Total 106511 25
41 Prom agents balances previously charged off 126 70
44 Total income 508275 02
IIIDisbursements
1 For death claims Ordinary 1285400
industrial 2254132 total 35395 32
554 ComptrollerGenerals Report
3 For total and permanent disability claims 300 00
35095 32
799 79
3260 07
248 45
40003 63
t 1325 00
4 Net amount paid for losses and matured endowments
6 Premium notes and liens voided by lapse
7 Surrender values paid in eash or applied in liquidation of
loans or notes
11 Dividends applied to pay renewal premiums
15 Total paid policykolders
16 Expense of investigation and settlement of policy claims
including 120000 for legal expenses
20 Commissions to agents less commission on reinsurance
First years premiums 1419820 renewal premiums
31247 annuities original industrial premiums re
newal 5840871 total
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 317100 inspection of risks
55250 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent
28 Advertising 101374 printing and stationery 183008
postage telegraph telephone and express 73S86
exchange 90688 total
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Federal corporation
tax 3247 city state county and miscellaneous 5
24400 total
39 Other disbursements Loss in W A assets 285032
W A Liabilities paid off 1694102 Strube con
tract purchase 378679 miscellaneous expenses of
home office 137435 other liabilities 1912 paid
off 83200 total
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz
Bonds 71831 stocks 5000 total
49 Total disbursements 213180 36
72919 38
4800 04
1930 46
3723 50
10214 95
1210 00
4489 56
1578 14
6629 76
22538 41
453 12
3919 80
5276 47
25784 48
5615 35
768 31
ComptbollebGeneeals Repobt 555
IVLedger Assets
1 Book value of real estate less 19500000
insumbrances 316897 84
2 Mortgage loans on real estate 9748690
other than first liens 8000 97566 90
3 Loans secured by pledge of bonds stocks
or other collateral 1474 06
4 Loans made to policyholders on this com
panys policies assigned as collateral 8581 65
5 Premium notes on policies in force 9635 56
6 Book value of bonds 6305000 and
stocks 1411000 77160 00
7 Cash in companys office 413 78
8 Deposits in trust companies and banks not
on interest 12137 78
9 Deposits in trust companies and banks on
interest 12551 56
10 Bills receivable 165245 agents bal
ances debit 1317692 fire policies
96800 Am Union Fire Ins Co 1
64427 total 17441 64
11 Judgment W A vs Coml Bank
Trust Co 28406 93
12 Total ledger assets 509706 14
NonLedger Assets
13 Interest on mortgages 1166 63
14 Interest on bonds 193 00
15 Interest on collateral loans 72 85
16 Interest on premium notes 86 11
18 Interest judgement W A vs Coml
Bank Trust Co 639 83
20 Bents on companys property or lease 6419 16
21 Total interest and rents due and accrued 8577 58
23 Market value not including interest in item 14 of bonds
and stocks over book value 400 00
24 Due from other companies for losses or claims on policies
of this company reinsured W A 343 56
New Business Renewals
25 Gross premiums due and
unreported on policies in
force Dec 31 1913 less
reinsurance premiums 154 59 2660 96
556
ComptbollebGeneeals Eepoet
26 Gross deferred premiums on policies in force Dec 31 1913 less reinsurance 1163 91 3491 36 5493 2500 4429 7179

27 Totals Deduct loading 1318 1054 50 80 6152 922 32 84

29 30 31 Net amount of uncollected and deferred premiums All other assets Stationery 263 and ptg 70 5229 48 18 00 Oil
33 Rfl

35 598629 35

Deduct Assets Not Admitted
37 Supplies stationery printed matter 2
50000 furniture fixtures and safes
1160889 total 14108 89
38 Agents debit balances gross 13176 92
40 Loans or personal security 1653 45
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of
the net value of their policies 5423 00
45 Total
46 Admitted assets
34361 26
564 268 09
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the fol
lowing tables of mortality and rates of interest viz
2 American Experience table at 32 per cent
on 1908910111213 ordinary risks 76956 51
3 American Experience table at 32 per cent
on 1908910111213 industrial risks 27273 68
Total 104230 19
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2164 43
8 Net reserve
27 Salaries rents office expenses bills and accounts due or
accrued
102065 76
3113 97ComptbolleeGeneeals Eepoet
28 legal fees
31 Borrowed money
37 Reserve special or surplus funds not included above W
A liabilities 3110000 E L Williams 19110
Strube contract 979625 total
45 Total
46 Capital stock
47 Unassigned funds surplus
48 Total
557
507 t0
875 00
41087 35
147649 08
200935 00
215684 01
564268 09
ILLINOIS LIFE INSURANCE COMPANY
James W Stevens President Oswald J Arnold Secretary
James C Tumlin Attorney for Service
ICapital Stock
1 Amount of capital paid up in cash 500000 00
4 Extended at 9318914 03
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 822031 for first
years reinsurance 395243 88
8 Dividends applied to purchase paidup addi
tions and annuities 1965 56
9 Surrender values applied to purchase paid
up insurance and annuities 26743 56
12 Total new premiums 423953 00
13 Eenewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 3236349
for reinsurance on renewals 1633494 92
14 Dividends applied to pay renewal premiums 14854 41
18 Total renewal premiums 1648349 33
20 Total premium income 2072302 33
21 Consideration for supplementary contracts not involving life
contingencies 15066
24 Gross interest on mortgage loans less 2
04277 accrued interest on mortgages ac558
ComptrollerGenebals Beport
25
26
27
quired during 1913 82658 26
Gross interest on collateral loans 83836 98
Gross interest on bonds and dividends on
stocks less 1213 33 accrued interest on
bonds acquired during 1913 173501 67
Gross interest on premium notes policy
loans or liens 98889 46
28 Grossinterest on deposits in trust companies
and banks 3331 89
30 Interest deferred premiums 13432 55
32 Gross discount on claims paid in advance 89 17
33 Gross rent from companys property 51790 00
34 Total gross interest and rents 507 529 98
42 Gross profit on sale or maturity of ledger assets viz Bonds 42 55
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds including accrual of discount 63 00
44 Total income 2595003 87
IIIDisbursements
1 Tor death claims less 2095835 reinsur
ance 60177483 additions 1798408
total 619758 91
2 For matured endowments 4252710 addi
tions 107500 total 43602 17
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Purchased rev additions
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
12 Interest gold bonds
13 Dividends applied to purchase paidup additions and annui
ties
15 Total paid policyholderst
16 Expense of investigation and settlement of policy claims in
cluding 137 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
19 Paid stockholders for interest or dividends
663361 OS
939 65
20191 70
250216 77
614 56
26743 56
21255 19
14854 41
570 85
1965 56
1000713 33
1523 96
3852 84
46750 00ComptrollerGenerals Eeport
559
20 Commissions to agents less commission on reinsurance
First years premiums 25385283 renewal premiums
9884465 bonus 1995673 total 372654 21
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 11541 67
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 10465 28
24 Branch office expenses including salaries of managers and
clerks not included in item 22 12166 58
25 Medical examiners fees 2731594 inspection of risks
709600 total 34411 94
26 Salaries and all other compensation of officers directors
trustees and home office employees 130993 94
27 Rent 22111 03
28 Advertising 1755916 printing and stationery 16
18755 postage telegraph telephone and express 10
53866 exchange 143058 total 45715 95
29 Legal expense not included in item 16 6360 91
30 Furniture fixtures and safes 4325 26
31 Repairs and expenses other than taxes on real estate 7322 19
32 Taxes on real estate 1296 58
33 State taxes on premiums 6108 92
34 Insurance department licenses and fees 2894 31
36 Personal tax 592 74
37 Collection of premiums 2316 60
38 Municipal licenses 262 88
41 Incidental expense 5017 13
42 Legislative expense 374 62
43 Investment expense 55 45
44 Association Life Insurance Presidents 528 29
47 Gross loss on sale or maturity of ledger assets vi Bonds 50 60
48 Gross decrease by adjustment in book value of ledger as
sets viz Bonds for amortization of premium 830 30
49 Total disbursements 1731237 60
IVLedger Assets
1 Book value of real estate 1020385 22
2 Mortgage loans on real estate first liens 1513391 28
3 Loans secured by pledge of bonds stocks
and other collateral 1730067 50
4 Loans made to policyholders on this com
panys policies assigned as collateral 1920760 92
5 Premium notes on policies in force 3510 64
6 Book value of bonds 119844187 and
stocks 255402396 total 3752465 83
7 Cash in companys office 13967 79
9 Deposits in trust companies and banks on
interest 62639 21560
CompteolleeGenebals Eepoet
10 Agents balances debit 16424589 credit
175398 net
162491 91
12 Total ledger assets 10182680 3a
NonLedger Assets
13 Interest due 260692 and accrued 21
35274 on mortgages 23959 66
14 Interest accrued on bonds 8050 84
15 Interest accrued on collateral loans 19056 42
16 Interest accrued on premium notes policy
loans or liens 8249 77
17 Interest accrued on other assets 504 81
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 policies of
this company reinsured
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 5040 74 224792 03
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance premiums 7500 06 135434 77
27 Totals 12540 80 360226 80
28 Deduct loading 9901 87 43730 77
29 Net amount of uncollected
and deferred premiums 2638 93 316496 03
59821 50
76114 78
217139 GT
2161 60
319134 96
35 Gross assets 10857052 81
Deduct Assets Not Admitted
38 Agents debit balances gross 164245 89
41 Premium notes and loans on policies and net
premiums in Item 29 in excess of the net
value of their policies 29046 84
44 Total
46 Admitted assets
193292 73
10663760 08CompteolleeGenebals Eepoet 561
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
Illinois Insurance Department on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on policies is
sued prior to July 1st 1907 7224819 00
Same for reversionary additions 54218 00
Total 7279037 0
2 American experience table at 3 per cent
on policies issued subsequent to July 1st
1907 1813723 00
Same for reversionary additions 100060 00
Total 1913783 00
5 Net present value of annuities 1881 00
Total 919470100
6 Deducet net value of risks of this company reinsured in
other solvent companies 37903 00
8 Net reserve written basis 9156798 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
company 40107 32
12 Claims for death losses in process of ad
justment 10499 02
13 Claims for death losses reported for which
no proofs have been received including
326515 reported in 1914 50823 73
16 Claims for death losses and other policy
claims resisted by the company 11000 00
19 Total policy claims 72322 75
22 Premiums paid in advance including surrender values so
applied II489 78
23 Unearned interest and rent paid in advance 29204 29
27 Salaries rents office expenses bills and accounts due or
accrued 9829 I6
28 Medical examiners fees 319144 and legal fees 428
due or accrued 3619 44
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 15396 91
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 11476 1562 CompteolleeGenebals Eepobt
34 Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 19479 18
35 Dividends declared on or apportioned to deferred dividend
policies payable to polieyholders during 1914 31943 69
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
optional endowment policies not included in Item 35 113645 25
38 Special reserves to cover annuity credits available on future
premiums 3252 68
40 Special reserves to cover credits on reinsured policies 3294 35
41 All other liabilities Aggregate of accumulated survivorship
investment funds helds awaiting apportionment upon sur
vivorship investment and survivorship bonus policies in
accordance with the terms thereof 181 425 94
46 Capital stock SOooOO 00
47 Unassigned funds surplus 4qq 475 22
48 Total 10663760 08
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citiens of said State in force
December 31 of previous year 2174 3475567 00
18 Policies on the lives of citiens pf said State is
sued during the year 462 1003020 00
19 Total 2636 4478587 00
20 Deduct ceased to be in force during the year 495 1102 285 00
21 Policies in force December 31 2141 3376302 00
22 Losses and claims unpaid December 31 of previous
year 4 8089 28
23 Losses and claims incurred during year 18 31 484 57
24 Total 22 39573 85
25 Losses and claims settled during the year in cash
3226085 by compromise 25000 total 20 32510 85
26 Losses and claims unpaid December 31 2 7 063 00
27 Premiums collected or secured in cash and notoes or credits
without any deduction for losses dividends commissions
or other expenses 35 549 52CompteolleeGtenebals Bepobt
563
INDIANA NATIONAL LIFE INSURANCE COMPANY
OF INDIANAPOLIS IND
C D Beniek President
C B Marshall Secretary
3
ICapital Stock
Amount of capital paid up
in cash 366880 00
Amount of ledger assetsas per balance
Dec 31 of previous year 601745 67
Increase of capital during the year 46180 00
4 Extended at 647925 67
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 2303 for first
year s reinsurance 117304 19
12 Total new premiums 117304 19
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
28819 for reinsurance on renewals 135237 53
14 Dividends applied to pay renewal prem
iums 8184 55
18 Total renewal premiums 143422 08
20 Total premium income 260726 27
24 Gross interest on mortgage loans less
29054 accrued interest on mortgages
acquired during 1913 10731 35
26 Gross interest on bonds and dividends on
stocks less 687 accrued interest on
bonds acquired during 1913 246 95
27 Gross interest on premium notes policy
loans or liens 3742 80
28 Gross interest on deposits in trust com
panies and banks 2062 59
29 Gross interest on other debts due the com
pany Int on stock notes 158 16564 ComptrollebGeneeals Eepoet
33 Gross rent from companys property in
cluding 300000 for companys occu
pancy of its own buildings 8917 05
34 Total gross interest and rents
35 From other sources Stock option 49900 surplus 8
19500 investment expense 2220 voluntary con
tribution 2000000 total
43 Gross increase by adjustment in book value of ledger
assets viz Eeal estate
44 Total income
IIIDisbursements
1 For death claims less 500000 reinsur
ance 56537 15
4 Net amounts paid for losses and matured endowments
6 Premium notes and liens voided by lapse less 29360
restorations
7 Surrender values paid in cash or applied in liquidation
of loans or notes
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
12 Dividends applied to shorten the endowment or premium
paying period prems returned
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
19 Paid stockholders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 11134460 renewal premiums
614055 total
23 Agency supervision and traveling expenses of super
visors except compensation for home office supervis
ion
25 Medical examiners fees 623200 inspection of risks
98088
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rents
28 Advertising 152485 printing and stationery 168394
postage telegraph telephone and express 141639
exchange 1605
29 Legal expense not included in item 16
31 Repairs and expenses other than taxes on real estate
25858 90
28716 20
56430 98
371732 35
56537 15
4622 99
20703 82
53 17
8184 53
32 79
90134 47
1124 92
20044 75
117485 15
4761 58
7212 88
14864 75
3000 00
4641 23
525 00
3476 38ComptrollerGenerals Report
565
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Federal corporation
tax
37 Municipal licenses etc
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 Loans made to policyholders on this com
panys 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
Bills receivable 500 agents balances
debit 1035121 credit 617073 net
419048
Furniture and fixtures
10
11
275000 00
314513 00
6854 99
59510 74
17748 23
8992 08
781 25
42487 13
12877 32
4185 48
5079 47
21 Total interest and rents due and accrued
25
Gross premiums due
unreported on policies in
force Dec 31 1913 less
reinsurance premiums
28 Deduct loading V
New Business
and
Eenewals
2240 84
709 18
348 90
195 95
862 35
49 Total disbursements 271628 33
12 Total ledger assets 748029 69
NonLedger Assets
13 Interest on mortgages 5442 11
14 Interest on bonds 155 32
15 Interest on C D s 227 51
16 Interest on premium notes policy loans or
liens 292 45
17 Interest due on other assets Stock notes 290 10
18 Unearned premiums on fire ins 83 83
20 Rents 46 20
17226 99
12097 95
38440 23
3844 03
6537 52566
ComptrollerGenerals Beport
29 Net amount of uneollected
and deferred premiums
5229 04 34596 20
35 Gross assets
39825 24
794392 45
Deduct Assets Not Admitted
37 Supplies stationery printed matter 5079 47
38 Agents debit balances gross 10351 21
41 Premium notes and loans on policies and
net premiums in item 29 in excess
of the net value of their policies 7723 02
44 Total
46 Admitted assets
VLiabilities Surplus and Other Funds
23153 7ff
771238 75h
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the fol
lowing tables of mortality and rates of interest viz
2 American Experience table at 3 per cent 46456 83
3 American Experience table at 3 per cent 315759 74
Total 362216 57
6 Deduct net value of risks of this company
reinsured in other solvent companies
7 Extra reserve for total and permanent dis
ability benefits
321 28
361895 29
1551 81
8 Net reserve
12 Claims for death losses in process of ad
justment or adjusted and not due
363447 10
3000 00
19 Total policy claims
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rents paid in advance
27 Salaries rents office expenses bills and accounts due
or accrued
28 Medical examiners fees
3000 0T
0087 18
549 17
1250 oo
250 00
482 Off
CompteolleeGeneeals Repoet 567
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
i 366880 00
46 Capital stock v 227Q4 gl
47 Unassigned funds surplus
771238 75
48 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 81 ioyuuu
18 Policies en the lives of citizens of said state
issued during the year 16
214 405500 00
19 Total Q np npi
20 Deduct ceased to be in force during the year 43 aUUU
t ai 171 318500 00
21 Policies in force Dec 31 1
23 Losses and claims incurred during year i
25 Losses and claims settled during year in cash 1 luuu
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis n ioQ
9193 o
sions or other expenses
INTERNATIONAL LIFE INSUKANCE COMPANY
Home Office St Louis Missouri
Massey Wilson President W P Grantges Secretary
H W Campbell Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 525000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2405661 82
3 Increase of capital during the year 195000 00
4 Extended at
2600661 82568
ComptbollebGenebals Repoet
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 327578 for first
years reinsurance
Dividends applied to purchase paidup ad
ditions and annuities
259980 88
67 05
12 Total new premiums
13 Renewal premiums in addition to ites 14
15 and 17 without deduction for com
missions or other expenses less 1617086
for reinsurance on renewals
14 Dividends applied to pay renewal premiums
16 Surrender values applied to pay renewal pre
miums
260047 9
897541 96
96893 38
1 50
18 Total renewal premiums 994 435 g
19 Extra premiums for temporary disability benefits 41917
and for additional accidental death benefits 5800 in
cluded in life policies 477 17
20 Total premium income
22 Dividends left with the company to accumulate at interest
23 Ledger assets other than premiums received from other
companies for assuming their risks
24 Gross interest on mortgage loans less
98418 accrued interest on mortgages ac
quired during 1913
25 Gross interest on collateral loans
26 Gross interest on bonds and dividends on
stocks less 65333 accrued interest on
bonds acquired during 1913
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust companies
and banks
29 Gross interest on other debts due the com
pany
1254961 94
64124 21
475908 85
111262 15
6428 27
12914 43
21718 24
4573 04
371 85
34 Total gross interest and rentsj
36 Refund on contracts for purchase of other companies
37 Miscellaneous suspense
41 From agents balances previously charged off
42 Gross profit on sale or maturity of ledger assets viz Bills
receivable
157267 98
19898 02
1643 53
11463 Off
341 66
44
Total income ij985609 19ComptrollerGenerals Eeport
IIIDisbursements
569
1 For death claims less 11400 reinsurance
172261 04 net
3 For total and permanent disability claims
160861 04
85 08
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Liens voided by lapse
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notoes
11 Dividends applied to pay renewal premiums
12 Paid on health and accident claims
Special income
13 Dividends applied to purchase paidup additions and annui
ties
140 Dividends left with the company to accumulate at interest
17
18
19
20
28
29
160946 12
220 00
7272 69
105760 59
1 50
7391 99
96893 38
165 71
14715 75
67 05
64124 21
15 Total paid policyholders 457558 99
16 Expense of investigation and settlement of policy claims
including 595525 for legal expense 6152 69
Paid for claims on supplementary contracts not involving
life contingencies 310 00
Dividends and interest thereon held on deposit surrendered
during the year 6442 99
Paid stockholders for interest or dividends 133187 66
Commissions to agents less commission on reinsurance
First years premiums 20036073 renewal premiums
2797152 total 228332 25
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 12585 70
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 13379 87
25 Medical examiners fees 1789860 inspection of risks
514609 total 23044 69
26 Salaries and all other compensation of officers directors
trustees and home office employees 71094 54
27 Bent including 850755 for companys occupancy of its
own buildings less 192367 received under sublease 6583 88
Advertising 789789 printing and stationery 1112411
postage telegraph telephone and express 1001824 ex
change 111508 total 30155 32
Legal expense not included in item 16 15862 72
30 Furniture fixtures and safes 3145 56
31 Mortgage loan expense 3409 47
33 State taxes on premiums 11472 82570
ComptbollebGenebals Repobt
34 Insurance department licenses and fees 11178 35
37 Municipal licenses 574 88
38 Other licenses and taxes 468 65
40 Paid to retire stock of reinsured companies 31714 64
41 Interest on bills payable 7168 31
42 Suspense 500 48
43 Prizes for agents contest 434 35
44 Miscellaneous and incidental expense 5596 18
45 Traveling expense 4208 05
47 Gross loss on sale or maturity of ledger assets viz Bonds 181 75
Bills receivable 25 00
49 Total disbursements 1084769 79
IVLedger Assets
1 Book value of real estate 3718 18
2 Mortgage loans on real estate 2348699 10
3 Loans secured by pledge of bonds stocks
and other collateral 61703 22
4 Loans made to policyholders on this com
panys policies assigned as collateral 378076 83
5 Premium notes on policies in force 39386 12
6 Book value of bonds 395478 00
7 Cash in companys office 1117 66
8 Deposits in trust companies and banks not
on interest 16122 67
Certificates of deposit 40074 21
9 Deposits in trust companies and banks on
interest 104504 65
10 Bills receivable 1123707 agents bal
ances debit 9976270 credit 1
87919 net 9788351 total 109120 58
11 For purchase of mortgage loans 3500 00
12 Total ledger assets 3501501 22
NonLedger Assets
13 Interest accrued on mortgages 55401 60
14 Interest accrued on bonds 6 964 04
15 Interest accrued on collateral loans 1353 65
16 Interest accrued on premium notes policy
loans or liens gis 53
17 Interest accrued on other assets 1205 43
21 Total interest and rents due and accrued 65 540 25CompteolleeGenebals Repoet
571
New Business
Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance premiums
30055 20 52092 77
2810 94
17454 76
27 Totals 32866 14
28 Deduct loading 22671 99
69547 53
6927 62
29 Net amount of uncollected
and deferred premiums 10194 15
62619 91 72814 06
35 Gross assets 3639855 53
Deduct Assets Not Admitted
38 Agents debit balances
40 Bills receivable
41 Premium notes and loans on policies and
net premiums in Itetm 29 in excess of the
net value of their policies
42 Cash in litigation
44 Bonds 216300 collateral loans 15
65000 total
99762 70
10372 28
8548 80
210 00
17813 00
46 Admitted assets 3503148 75
VLiabilities Surplus and Other Funds
2 American experience table at 3 per cent on all forms
5 Net present value of annuities including
ing those in reduction of premiums 136 00
Premiums waived under total and perma
nent disability benefit 616 00
2256983 00
Total
752 00
Total
6 Deduct net value of risks of this company reinsured in other
solvent companies
7 Extra reserve for total and permanent disability benefits
47983 and for additional accidental benefits 274
included in life policies
11130 00
48257 00572 ComptrollerGenerals Beport
8 Net reserve 2294862 Off
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the actuary 7616 co
12 Claims for death losses in process of ad
justment oradjusted and not due 1900 00
13 Claims for death losses reported for which
no proofs have been received 8000 00
16 Claims for death losses and other policy
claims resisted by the company 4000 00
19 Total policy claims 13 qqq qj
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 179 434 5g
22 Premiums paid in advance including surrender values so
applied 4192 04
23 Unearned interest in advance n 183 jj
24 Commissions due to agents on premium notes when paid 1000 00
26 Cost of collection on uncollected and deferred premiums
in excess of the loading thereon 1 711 35
27 Salaries rents office expenses bills and accounts due or
aeerued 2000 00
28 Medical examiners fees 162150 and legal fees 7500
inspection 345 due or accrued 9 466 50
29 Estimated amount hereafter payable for federal statet and
other taxes based upon the business of the year of this
statment 52676 23
32 Unpaid dividends to stockholders 19 713 52
38 Stockholders dividend account 7500 00
42 Advance and partial payments miscellaneous suspense 4328 79
43 Special income ig q00 or
45 Total 2692134 42
46 Capital stock 525000 00
47 Unassigned funds surplus 286 014 33
48 Total 3503148 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 869 1464 906 00
18 Policies on the lives of citizens of said State issued
during the year 140 236043 00
9 Total 1009 1700949 00
20 Deduct ceased to be in force during the year 298 470 155 00CompteollebGenebals Repobt 573
21 Policies in force December 31 1913 711 1230794 00
22 Losses and claims unpaid December 31 of previous
year 2 4000 00
23 Losses and claims incurred during year 7 10000 00
24 Total 10 14000 00
25 Losses and claims settled during the year in cash 10 14000 00
27 Premiums collected or secured in cash and notoes or credits
without any deduction for losses dividends commissions
or other expenses 40757 47
INTERSOUTHERN LIFE INSURANCE COMPANY
James R Duffin President George G Summers Secretary
W A Wright Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 668398 07
2 Amount of ledger assets as per balance
Dec 31 of previous year 670762 10
3 Increase of capital during the year 182974 85
4 Extended at 853736 95
IIrlncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 268844 for first
years reinsurance
7 Total years premiums on original policies
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 2
78238 for reinsurance on renewals
18 Total renewal premiums
113927 85
113182 44
20 Total premium income
23 Lodger assets other than premiums received from other
companies for assuming their risks
24 Gross interest on mortgage loans 1876 67
25 Gross interest on collateral loans 397 62
113927 85
113182 44
227110 29
88529 26574
ComptbolleeGenebals Bepobt
26 Gross interest on bonds and dividends on
stocks
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
30 Bills receivable
Gross rent from companys property in
cluding 428858 for companys occu
pancy of its own buildings
035 46
38 25
165 79
33
63298 65
34 Total gross interest and rents 70421 30
35 From other sources Surplus from sale of stock 12
91583 real estate permanent improvement and equip
ments 3398210 commissions from reinsurance
10813 unearned fire ins closed off 7272 bills
payable 4500000 total 92078 78
43 Gross increase by adjustment in book value of ledger
assets viz Real estate 204620 87
44 Total income 682760 50
IIIDisbursements
1 For death claims
30137 11
4 Net amounts paid for losses and matured endowments
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation
of loans or notes
30137 11
390 97
7073 92
15 Total paid policyholders 37602 00
16 Expense of investigation and settlement of poilcy claims 244 90
17 Paid for claims on supplementary contracts not involving
life contingencies 48 62
20 Commissions to agents less commission on reinsurance
First years premiums 10662302 renewal premiums
776551 total 114388 53
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 8451 00
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 2218 69
24 Branch office expenses including salaries of managers
and clerks not included in item 22 5450 70
25 Medical examiners fees 623322 inspection of risks
223450 and 24207 8709 79
Medical department salaries 4 197 84
26 Salaries and all other compensation of officers directors
trustees and home office employees 18 938 21ComptrollerGenerals Eeport
27 Kent
28 Advertising 521328 printing and stationery 2
42939 postage telegraph telephone 291257 ex
press and int 136897 exchange 6091 total
29 Legal expenses not included in item 16
30 Taxes on assets
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes
39 Other disbursements Coupons and dividends used in re
duction premiums 566725 commissions paid ad
visory board contracts 67777 Commissions paid on
stock sales 852053 general expense 59121 ac
tuarial expenses 7500 profit and loss 62434 agts
accts chgd off 4000000 old accts 2964432 com
promise accts 53140 total
47 Gross loss on sale or maturity of ledger assets viz
Collateral loans 700000 time deposits 593746
Franklin Bk 10000 Owensboro Sv Bank 97772
575
4288 58
11985 12
1181 01
414 77
38856 42
11001 78
1874 82
2592 20
1058 40
86331 82
14015 18
49 Total disbursements 373850 38
IVLedger Assets
1 Book value of real estate Incumbrances
and improvements 1160672 33
2 Mortgage loans on real estate first liens 37972 67
3 Loans secured by pledge of bonds stocks
or other collateral 48400 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 12954 80
5 Premium notes on policies in force 28949 52
6 Book value of bonds 6090000 and
stocks 5759000 118490 00
Paid for lease to premises 6754 55
7 Cash in companys office 655 18
8 Deposits in trust companies and banks
not on interest 15943 72
9 Deposits in trust companies and banks on
interest 33966 70
10 Bills receivable 100073 agents balances
debit 6510898 credit 108625 net
6402273 65023 46576
CompteollebGenebals Eepobt
11 Furniture and Fixtures 1483422 un
earned fire ins prem 152836
16362 58
12 Less credits
1546145 51
383498 44
12 Total ledger assets 1162647 07
NonLedger Assets
13 Interest due 382636 and accrued 1
22771 on mortgages 5054 07
14 Interest accrued on bonds 1250 01
15 Interest due 754897 and accrued
59592 on collateral loans 8144 89
16 Interest accrued on premium notes policy
loans or liens 525 97
18 Time deposits accrued 387 84
19 Stocks accrued 410 00
20 Rents due 459161 and accrued 2
00000 on companys property or lease 6591 61
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 Dec 31 1913 less
reinsurance premiums 4915633 96688 19
26 Gross deferred premiums
on policies in force Dec
31 1913 less reinsur
ance premiums 5928 01 30874 96
27 Totals 55084 34 127563 15
28 Deduct loading 33050 60 6378 15
29 Net amount of uncollected
and deferred premiums 22033 74 121185 00
22364 39
7500 00
143218 74
25 Gross assets 1335730 20
Deduct Assets Not Admitted
36 Loans on
37 Furniture fixtures and safes
38 Agents debit balances gross
1000 00
14834 22
64022 73ComptrollerGenerals Report 577
40 Bills receivable 1000 73
43 Book value of ledger assets over market
value viz Collateral loans 1625000
bank stocks 895000 industrial stocks
1500000 time deposits 100000
miscellaneous deposits 28317 total 41483 17
Total 122340 85
46 Admitted assets 1213389 35
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec 1913 as com
puted by the company on the following tables of mor
tality and rates of interest viz
2 American Experience table at 3 per cent
on all policies 319890 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 5151 00
8 Net reserve 314739 00
12 Claims for death losses in process of ad
justment or adjusted and not due 17200 00
18 Due and unpaid on annuity claims involv
ing life contingencies 2105 00
19 Total policy claims 19305 00
27 Salaries rents office expenses bills and accounts due or
accrued 6610 71
28 Medical examiners fees and legal fees 2467 00
31 Borrowed money 45000 00
37 Reserve special or surplus funds not included above
38 Coupons deposited with the company 8927 51
42 Funds for taxes 8000 00
46 Capital stock 668398 07
47 Unassigned funds surplus 139942 06
48 Total h 389 35
Business in The State of Georgia Duringthe Year
17 Policies on the lives of citizens of said state in
force December 31 of previous year 565 563500 00
18 Policies on the lives of citizens of said State
issued during the year 456 1610442 85
19 Total i021 2173942 85578 ComptrollerGenebals Eepoet
20 Deduct ceased to be in force during the year 292 384936 39
21 Policies in force December 31 729 1789006 46
22 Losses and claims unpaid Dec 31 of previous
year 1 500 00
23 Losses and claims incurred during year 1 1000 00
24 Total 2 1500 00
25 Losses and claims settled during the year in cash 2 1300 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 19468 05
JEFFERSON STANDARD LDE INSURANCE COMPANY
Geo A Grimsley President C C Taylor Secretary
William A Wright Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 349980 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 3777768 90
3 Increase of capital during the year 20 00
4 Extended at 3777788 90
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 456783 for first
years reinsurance
11 Consideration for supplementary contracts
involving life contingencies
209661 02
1128 17
12 Total new premiums
1 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses tass
667070 for reinsurance on renewals 1125286 63
14 Dividends applied to pay renewal prem
iums 22885 41
210789 19
18 Total renewal premiums 1148 172 04ComptrollerGeneral s Report
579
19 Extra premiums for total and permanent disability
benefits 947060 and for additional accidental death
benefits 1996108 included in life policies 29431 68
20 Total premium income 1388392 91
21 Consideration for supplementary contracts not involving
life contingencies 10463 00
22 Dividends left with the company to accumulate at in
terest 334 54
24 Gross interest on mortgage loans 160034 61
25 Gross interest on collateral loans 17528 91
26 Gross interest on bonds and dividends on stocks 7192 40
27 Gross interest on premium notes policy loans or liens 45180 00
2S Gross interest on deposits in trust companies and banks 4286 77
33 Gross rent from companys property 2975 55
35 From other sources Adjustment acct Greensboro Life
Reinsured Co 775 76
37 Adjustment death claims act 1912 report 3000 00
38 Adjustment death claims add acct 1912 report 763 50
30 Traveling expense advanced 116 73
40 Profit and loss 1153 13
43 Gross increase by adjustment in book value of ledger as
sets viz Real estate 16427 32
44 Total income 1658565 13
IIIDisbursements
1 Death claims less 1550000 reinsurance
33531410 additions 135914 33667324
2 For matured endowments health 150 72
3 For total and permanent disability claims 4503 82
For additional accidental death benefits
less 1250 reinsurance 7592 56
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation
of loans or notes
11 Dividends applied to pay renewal premiums
14 Dividends left with the company to accumulate at in
terest
15 Total paid policyholders
17 Paid for claims on supplementary contracts not involving
life contingencies
19 Paid stockholders for interest or dividends
348920 34
17232 57
2257 40
98295 45
22885 41
334 54
489925 65
6385 64
28000 00580
ComptrollerGenerals Keport
20 Commissions to agents less commission on reinsurance
First years premiums 14231975 renewal premiums
5152262 total
193842 37
21 Commuted renewal commissions
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of super
visors except compensation for home office supervis
ion
24 Branch office expenses including salaries of managers
and clerks not included in item 22
25 Medical examiners fees 2313850 inspection of risks
525052
26 Salaries and all other compensation of officers directors
trustees and home office employees
28 Advertising 414641 printing and stationery 746S44
postage telegraph telephone and express 556300
exchange 265200 total
31 Eepairs and expenses other than taxes on real estate
32 Taxes on real estate 50000 and county and city
574422
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Federal corporation
tax 81887 State corporation and ad valorem tax
104636 total
39 Other disbursements Security Life and Annuity Co ad
justment acet
41 General expense
42 Traveling expense
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz
Bonds
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds
Stocks
500 00
1865 82
2350 00
6615 19
28389 02
54353 23
4732 62
62 30
6244 22
3271 39
5841 58
1865 23
8243 80
1127 90
9282 31
10232 76
556 25
8411 26
8411 26
49 Total disbursements
893262 08
IVLedger Assets
1 Book value of real estate 5191174
2 Mortgage loans on real estate 3022398 16
3 Loans secured by pledge of bonds stocks
or other collateral 277660 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 022980 13ComptrollerGeneral s Report
581
10
11
12
Premium notes and liens on policies in
force of which 270612 is for first
years premiums 188275 62
Book value of bonds 1280000 and
stocks 2320300 36003 00
Cash in company s office 6831 50
Deposits in trust companies and banks not
on interest 61072 89
Deposits in trust companies and banks on
interest 102253 85
Bills receivable 1026306 agents bal
ances debit 4497661 credit 776745
net 3720916 47472 22
Furniture and fixtures 11032 60
Total ledger assets 4543091 95
NonLedger Assets
13
14
15
16
17
21
25
26
27
28
29
30
35
37
38
Interest due 510569 and assrued 39
97661 on mortgages
Interest accrued on bonds
Interest due 390 and accrued 88626 on
collateral loans
Interest accrued on premium notes policy
loans or liens
Interest due 40821 and accrued 11484
on other assets Certificates of deposit
Total interest and rents due and accrued
Gross premiums due and unreported on
policies in force Dec 31 1913 less rein
surance premiums
Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums
Totals
Deduct loading
45082 30
1359 17
890 16
5593 69
523 05
47133 45
39688 34
86821 79
16358 89
Net amount of uncollected and deferred premiums
All other assets Extension notes gross 3715510 net
53448 37
70462 90
30661 53
Gross assets 4697664 75
Deduct Assets Not Admitted
Furniture fixtures and safes
Agents debit balances gross
11032 60
37209 16582
ComptbolleeGenebal s Eepoet
40 Bills receivable 10263 06
41 Premium notes and loans on policies and
net value of their policies 7728 70
45 Total 66233 52
46 Admitted assets 4631431 23
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the
Actuary on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on reinsured
N P D D business of Sec Life
Annuity Greensboro Life Southern
Carolina Conservative prior to 1913 1591820 00
Same for reversionaiy additions 1203 00
2 American Experience table at 3 per cent
on reinsured A D business of Sec L
A Par N P business of Southern
Carolina Jefferson prior to 1913 all
Jefferson sine Sept 1913 except as
stated in No 3 797107 00
Same for reversionary additions 12 00
3 American Experience table at 4 per cent
on reinsured business of Greensboro Life
except as stated in No 1 G O D I
policies since Sept 1013 1026774 00
4 Other tables and rates viz Amer 3 per
cent Southern Life D I reinsured 19940 00
Same for reversionary additions 19940 00
5 Net present value of annuities including
those in reduction of premiums Amer
Exper 312 per cent 16475 00
Total 3453331 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 7599 00
7 Extra reserve for total and permanent dis
ability benefits 473500 and for ad
ditional accidental deatli benefits 9
98100 included in life policies 14716 00
8 Net reserve 3460448 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Amer Exper Table 3 per cent 67963 00ComptrollerGenerals Report
583
13 Claims for death losses reported for which
no proofs have been received
17 Claims for total and permanent disability
benefits
11033 00
685 64
19 Total policy claims
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon
22 Premium paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
24 Commissions due to agents on premium notes when paid
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners fees 264300 and legalfees 1
57725 inspection fees 19725 due or accrued
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
33 Dividends or other profits due policyliolders including
those contingent on payment of outstanding and de
ferred premiums
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiuirs or
otherwise
35 Dividends declared on or apportioned to deferred dividend
policies payable to poleiyholders during 1914
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35
37 Reserve special or surplus funds not included above
38 Annuity fund
41 All other liabilities Special renewal commission fund
693200 balance due Greensboro Life Ins Co acct
818981 total
11718 64
786 06
5862 27
6334 43
3381 46
5048 30
1693 31
4418 00
764 56
1458 18
24080 59
6456 06
S023S S2
206584 27
15121 81
45 Total 3919267 70
46 Capital stock 350000 00
47 Unassigned funds surplus 362163 55
48 Total 4631431 23
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 2405 3917099 00
584 CompteollebGeneeals Eepoet
18 Policies on the lives of citizens oi said State
issued during the year 448 911134 00
19 Total 2853 4828233 00
20 Deduct ceased to be in force less renewals
during the year 570 1033176 00
21 Policies in force Dee 31 2283 3795057 00
22 Losses and claims unpaid Dec 31 of previous
year 3 3082 46
23 Losses and claims incurred during year 18 39123 00
24 Total 21 42205 46
25 Losses and claims settled during the year
in cash 3716800 by compromise 3746 20 37205 46
26 Losses and claims unpaid Dec 31 1 5000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 127734 39
LIFE INSURANCE COMPANY OF VIRGINIA
John G Walker president Algie S Hurt 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 8192238 63
Less a mount paid to cancel mortgage on this
company s real estate 25000 00
3 Increase of capital during the year 100000 00
4 Extended at 8267338 63
IIIncome
5 First years premium on original policies
without deduction for commissions or
other expenses less 88257 for first
year s reinsurance 545634 39
6 Surrender values applied to pay first years
premiums 186 9
7 Total first years premiums on original pol
icies 545821 35
ComptrollerGenerals Report 585
8 Dividends applied to purchase paidup ad
ditions and annuities 254 16
9 Surrender values applied to purchase paid
up insurance and annuities 23049 27
11 Consideration for supplementary contracts
involving life contingencies 90 10
12 Total new premiums 569214 88
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 317767
for reinsuran on renewals 2773396 33
14 Dividends applied to pay renewal premiums 1777 86
16 Surrender values applied to pay renewal pre
miums 106 35
18 Total renewal premiums 2775280 54
20 Total premium income 3344495 42
21 Consideration for supplementary contracts not involving life
contingencies 3680 00
24 Gross interest on mortgage loans less 2
68151 accrued interest on mortgages ac
quired during 1913 386872 60
25 Gross interest on collateral loans 1287 32
26 Gross interest on bonds and dividends on
stocks 33840 32
27 Gross interest on premium notes policy
loans or liens 16312 09
28 Gross interest on deposits in trust companies
and banks 15532 98
30 Interest on bonds loaned 41 10
33 Gross rent from companys property includ
ing 2625499 for companys occupancy
of its own buildings 27561 16
34 Total gross interest and rents 481448 98
36 Agents cash bonds 775 00
37 Unclaimed deposits on industrial applications 789 32
38 Federal income tax withheld 25 00
42 Gross profit on sale or maturity of ledger
assets viz Bonds 314 88
Mortgages 10 00
Total 324 88
44 Total income 3831538 60586
ComptrollerGenerals Report
IIIDisbursements
2
2
4
5
For death claims less 647150 reinsur
ance 997534 77
For matured endowments 8696 00
For weekly indemnity claims 86 50
9
10
11
13
15
16
17
19
20
23
24
29
30
31
32
33
34
Net amounts paid for losses and matured endowments
For annuities involving life contingencies 289 01
Surrender values paid in cash or applied in liquidation of
loans or notes 51853 54
Surrender values applied to pay new premiums 18696 to
pay renewal premiums 10635 total 293 31
Surrender values applied to purchase paid up insurance and
annuities 23049 27
Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 61018 34
Dividends applied to pay renewal premiums 1777 86
Dividends applied to purchase paidup additions and annui
ties 254 16
Total paid policyholders 1144852 76
Expense of investigation and settlement of policy claims
including 259017 for legal expense 2723 87
Paid for claims on supplementary contracts not involving
life contingencies 2250 00
Ia id stockholders for interest or dividends 130000 00
Commissions to agents less commission on reinsurance
First years premiums 22667655 renewal premiums
33773785 total 564414 40
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 21792 82
Branch office expenses including salaries of managers and
clerks not included in item 22 261469 88
Medical examiners fees 6130171 inspection of risks
261660 total 63918 31
Salaries and all other compensation of officers directors
trustees and home office employees 199023 45
Rent including 2625499 for companys occupancy of its
own building 51536 11
Advertising 2096989 printing and stationery 2125416
postage telegraph telephone and express 712598
total 49350 00
Legal expense not included in item 16 10040 27
Furniture fixtures and safes 17225 02
Repairs and expenses other than taxes on real estate 1804 26
Taxes On real estate 66S2 04
State taxes on premiums 41873 95
Insurance department licenses and fees 1325 89ComptrollerGenerals Report
587
36 Federal corporation tax 1459 39
37 State and municipal licenses and taxes 27669 93
40 General expenses home office 12987 88
41 Traveling expenses home office 2928 86
42 Agents cash bonds 1125 00
43 Industrial application deposits refunded 2 55
44 Profit and loss New Orleans fraudulent claims 1646 30
47 Gross loss on sale or maturity of ledger assets viz Mort
gages 45 03
48 Gross decrease by adjustment in book value of ledger as
sets viz Bonds for amortization of premium 183 03
Mortgages amortization of premium 59 66
49 Total disbursements 26Z8390 69
IVLedger Assets
1 Book value of real estate 484730 14
2 Mortgage loans on real esttae 7234604 13
3 Loans secured by pledge of bonds stocks or
other collateral 21500 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 288570 16
5 Premium notes on policies in force of which
86055 is for first years premiums 2629 90
6 Book value of bonds 71011415 and
stocks 7310833 total 783222 48
7 Cash in companys office 32602 97
8 Deposits in trust companies and banks not
on interest 11821 76
9 Deposits in trust companies and banks on
interest 20061 77
11 Teutonia Bank Trust Co 14159 Irish
American Bank 60164 total 743 23
12 Total ledger assets 9480486 54
NonLedger Assets
13 Interest due 508744 and accrued 100
52066 on mortgages 105608 10
14 Interest accrued on bonds 12781 33
15 Interest accrued on collateral loans 57 83
16 Interest due on premium notes policy
loans or liens 899 37
21 Total interest and rents due and accrued
22 Market value of real estate over book value
119346 63
38324 74588
ComptrollerGenerals Report
23 Market value not including interest in Item 14 of bonds
and stocks over book value
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 21 1913
less reinsurance pre
miums 6126 26 48361 23
26 Gross deferred premiums on
police in force December
31 1913 less reinsurance
premiums 11509 54 73007 15
27 Totals 17635 80 121368 40
28 Deduct loading 179 52 29415 71
29Net amount of uncollected
and deferred premiums 14056 28 91952 69
30 All other assets Premium extension notes
711 43
106008 97
4509 41
35 Gross assets 4749387 72
Deduct Assets Not Admitted
41 Premium notes and loans on policies and net premiums in
tern 20 in excess of the net value of their policies
16 00
46 Admitted assets
VLiabilities Surplus and Other Funds
9749371 72
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
1 Actuaries table at 4 per cent
2 American experience table at 3 per cent 763898 00
Same for reversionary additions 1465 00
Total
3 American experience table at 3 per cent
4 Other tables and rates viz
Standard Industrial 3 per cent
Intermediate 1912 3 per cent
Extra premiums
5 Net present value of annuities American 3 per cent
2029576 00
765363 00
2713965 00
2026555 00
145 00
1061 00
6 42
TotalComptrollerGenerals Report
589
6 Deduct net value of risks of this company reinsured in other
solvent companies
2156 00
8 Net reserve
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies by the company
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded
12 Claims for death losses in process of ad
justment or adjusted and not due 18513 69
13 Claims for death losses reported for which
no proofs have been received 4244 75
14 Reserve for net death losses incurred but
unreported 30000 00
15 Claims foT matured endowments due and un
paid 303 51
17 Claims foT total and permanent disability
benefits 2148 04
18 Due and unpaid on annuity claims involving
life contingencies 76 07
28
29
19 Total policy claims
20 Due and unpaid on supplementary contracts not involving
life contingencies
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
24 Commissions due to agents on premium notes when paid
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or ac
crued
Medical examiners fees due or accrued
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
32 Unpaid dividends to stockholders
33 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914
Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred participating policies not included in Item 35
Amount set apart for additional death benefits
Reservations towards an increase in reserve on industrial
policies
42 Agents cash bonds
3
36
38
7536i751 00
8167 00
33163 00
55286 02
1000 00
58451 58
6659 38
427 82
31926 15
11149 85
4520 21
47498 29
12500 00
672 69
18582 49
250000 00
1500 00
25000 00
625 00590 ComptrollerGenerals Report
43 Federal income tax withheld 25 00
46 Capital stock 500000 00
47 Unassigned funds surplus 1135374 31
48 Total 9749371 72
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 year34536 4163683 00
18 Policies on the lives of citizens of said State is
sued during the year 23478 3144525 00
19 Total 58014 7308208 00
20 Deduct ceased to be in force during the year16603 2174161 00
31 Policies in force December 3141411 5134047 00
22 Losses and claims unpaid December 31 of previous
year 5 1371 10
23 Losses and claims incurred during year 382 49817 51
24 Total 387 51188 61
25 Losses and claims settled during the year in cash 383 50874 89
26 Losses and claims unpaid December 31 4 313 72
THE MANHATTAN LITE INSURANCE COMPANY
Thomas E Lovejoy President Melvin DeMott 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 21477813 26
4 Extended at 21477713 26
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 609M0 for first
years reinsurance 190133 76ComptrollerGenerals Eeport
6 Surrender values applied to pay first years
2266 16
premiums
7 Total first years premiums on original pol
icies W2399 92
8 Dividends applied to purchase paidup ad
ditions and annuities 5096 47
10 Consideration for original annuities involv
ing lige contingencies 2169 20
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 25
63918 for reinsurance and renewals
14 Dividends applied to pay renewal premiums
16 Surrender values applied to pay renewal pre
miums
1852712 78
49757 84
2152 02
18 Total renewal premiums
19 Extra premiums for total and permanent disability bene
fits
591
199665 59
1904622 64
9311 66
20 Total premium
income 2105219 89
22 Dividends left with the company to accumulate at interest
24 Gross intereston mortgage loans 445869 18
26 Gross interest on bonds and dividends on
stocks less 66667 accrued interest on
bonds acquired during 1913
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust companies
30 On agents balances
31 On advances against first years commissions
repaid
33 Gross rent from company s property includ
ing 5150000 for companys occupancy
of its own buildings
1504 29
166878 33
204059 07
11726 85
742 30
114 96
259551 74
34 Total gross interest and rents 1088942 3
36 Advertising expense paid 1912 on foreclosure proceedings
charged to real estate 1913
37 Received for quitclaim deed on property considered worth
less charged off 1892
38 Credit agents balance charged off to profit and loss
42 Gross profit on sale or maturity of ledger assets viz Bonds
82 85
500 00
3 00
26447 00
592
ComptrollerGenerals Beport
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds for accrual or discount
2652 75
44 Total income 3225352 21
IIIDisbursements
1 For death claims less 20000 reinsurance
106827414 additions 4766 total 1073040 14
2 For matured endowments 205713 00
10
11
13
14
15
16
17
19
20
23
24
25
26
27
Net amounts paid for losses and matured endowments 1278753 14
For annuities involving life contingencies 9390 62
Premium notes and liens voided by lapse less 302840
restorations 19369 61
Surrender value paid in cash or applied in liquidation of
loans or notes 814817 86
Surrender values applied to pay new premiums 226616
to pay renewal premiums 215202 total 4418 18
Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 204462 91
Dividends applied to pay renewal premiums 49757 84
Dividends applied to purchase paidup additions and annui
ties 5096 47
Dividends left with the company to accumulate at interest 1504 29
Total paid policyholders 2387570 92
Expense of investigation and settlement of policy claims 35 55
Paid for claims on supplementary contracts not involving
life contingencies 1193 74
Dividends and interest thereon held on deposit surrender
ed during the year 800 87
Pack stockholders for interest or dividends 16000 00
Commissions to agents less commission on reinsurance
First years premiums 8433361 renewal premiums
11800814 annuities original 6508 total 202406 83
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 15005 82
Branch office expenses including salaries of managers and
clerks not included in item 22 23848 20
Medical examiners fees 1389450 inspection of risks
469750 total 18592 00
Salaries and all other compensation of officers directors
trustees and home office employees 114 759 42
Pent including 51500 for companys occupancy of its own
buildings less 178 received under sublease 66137 51
Advertising 496511 printing and stationery 1022036
postage telegraph telephone and express 1107269 ex
change 139092 total 27649 08ComptrollerGenerals Report
593
29
30
31
32
33
34
36
37
38
40
41
42
43
44
48
49
9
10
Legal expense not included in item 16
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
Federal corporation tax
County and municipal licenses and taxes
Legal advertising
Legislative expenses 33824 contribution to the Associa
tion of Life Insurance Presidents total
Expenses election of directors 106 luncheon for employees
144998 total
General expenses home office 520027 general expenses
agencies 99148 total
Traveling home office 245789 interest payments to pol
icyholders 42474 total
Premiums on life insurance policies to secure an agents in
debtedness
Gross decrease by adjustment in book value of ledger as
sets viz Bonds for amortization of premium
8951 74
1060 11
87274 34
83467 47
34259 60
3306 77
10 35
867 74
789 34
811 04
1555 98
6191 75
2882 63
311 40
3121 00
Total disbursements 3111861 30
IVLedger Assets
Book value of real estate 5320532 70
Mortgage loans on real estate first liens 7941727 12
Loans made to policyholders on this com
panys policies assigned as collateral 4208632 22
Premium notes on policies in force of which
1421858 is for first years premiums 215225 76
Book value of bonds 343882425 and
stocks 18390125 total 3622725 50
Cash in companys office 33718 79
Deposits in trust companies and banks not
on interest 3673 75
Deposits in trust companies and banks on
interest 223656 99
Agents balances debit 2230216 credit
382 net 21411 34
12 Total ledger assets 21591304 17
NonLedger Assets
13 Interest due 6975 and accrued 13359387
on mortgages 140568 87
14 Interest accrued on bonds 49855 82594
CompteolleeGenebals Eepokt
16 Interest due 17565634 and accrued 12
50376 on premium notes policy loans or
liens 188160 10
17 Interest accrued on other assets Deposits
Union Trust Co N Y 200482 Colum
biaKnickerbocker Trust Co 11843 Ex
change National Bank Montgomery Ala
12940 total 2252 65
20 Rents due 534677 and accrued 7370
on companys property or lease 12716 77
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25 Gross premiums due and unreported on pol
icies in force December 31 1913 less
reinsurance premiums
26 Gross deferred premiums on policies in
force December 31 1913 less reinsur
ance premiums
141939 SI
76452 00
27 Totals
28 Deduct loading 2122 per cent
218391 81
46342 73
29 Net amount of uncollected and deferred premiums
393554 21
78414 29
172049 08
35 Gross assets 22235321 75
Deduct Assets Not Admitted
38 Agents debit balances gross 22302 Hi
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 121 51
43 Book value of ledger assets over market
value viz On stocks 74901 25
45 Total
97324 92
46 Admitted assets 22137996 83
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Doeember 1913 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 12439927 00
Same for reversionary additions 38618 00
Total 12478545 00ComptrollerGenerals Report 595
2 American experience table at 3Vz per cent on policies is
sued after January 1 1901 on nonparticipating plan 581373 00
3 American experience table at 3 per cent on
policies issued after January 1 1901 and
prior to January 1 1913 on participating
plan 6539820 00
Same for reversionary additions 6669 00
Total 6546489 00
4 Other tables and rates viz American experience table at
3 per cent select and ultimate on policies issued on and
after January 1 1913 70731 00
5 Net present value of annuities including
those in reduction of premium
Actuaries 4 per cent on annuities issued
prior to January 1 1901 26289 00
American experience 3 per cent annuities
issued after January 1 1901 and prior to
January 1 1907 39176 00
McClintocks 3 per cent on annuities is
sued after January 1 1907 25854 00
Total 91319 00
Total 19768457 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 120301 00
Total 19648156 00
7 Extra reserve for total and permanent disability benefits 422 00
8 Net reserve 19648578 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 93181 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be demanded 2864 00
11 Claims for death losses due and unpaid 3631 91
12 Claims for death losses in process of ad
justment or adjusted and not due 26115 00
13 Claims for death losses reported for which
no proofs have been received 26880 00
14 Eeserve for net death losses incurred but
unreported 20000 00
15 Claims for matured endowments due and un
paid 9200 59
16 Claims for death losses and other policy
claims resisted by the company 22000 00596 ComptrollerGenerals Report
18 Due and unpaid on annuity claims involving
life contingencies 411 45
19 Total policy claims 108238 95
20 Due and unpaid on supplementary contracts not involving
life contingencies 750 00
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 7228 67
22 Premiums paid in advance including surrender values so
applied 16710 14
23 Unearned interest and rent paid in advance 101948 85
24 Commissions due to agents on premium notes when paid 13732 27
25 Commissions to agents due or accrued 2635 00
27 Salaries rents office expenses bills and accounts due or
accrued 11958 62
2 Medical examiners fees 1502 50
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 32500 00
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and deferr
ed premiums 20916 96
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 14 581 47
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 55928 29
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in Item 35 1391630 65
46 Capital stock 100000 00
47 Unassigned funds surplus 53 051 46
48 Total 22137996 83
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 1857 2969 062 00
18 Policies on the lives of citizens of said State is
sued during the year 203 381662 00
19 Total 2060 3350724 00
20 Deduct ceased to be in force during the year 188 388406 00
2L Policies in force December 31 1872 296231S 00
ComptrollerGenerals Eeport
597
22 Losses and claims unpaid December 31 of previous
year 1
23 Losses and claims incurred during year 18
24 Total 19
25 Losses and claims settled during the year in cash v
26 Losses and claim unpaid December 31 1
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses
3650 00
35437 83
39087 83
37087 83
2000 00
82766 51

MARYLAND LIFE INSURANCE COMPANY
Douglas H Rose President Jahn W Hanson Secretary
Coke S Davis Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 3236458 39
4 Extended at 3236458 39
IIIncome
5 First year s premiums on original policies
without deduction for commissions or
other expenses less 271047 for first
years reinsurance 41721 15
8 Dividends applied to purchase paidup ad
ditions and annuities 3261 36
9 Surrender values applied to purchase paid
up insurance and annuities 851 00
10 Consideration for original annuities involv
ing life contingencies 10757 66
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 12
60708 for reinsurance on renewals 308559 54
56591 20598 OomptrollekGeneraes Eeport
14 Dividends applied to pay renewal prem
iums 19793 52
16 Surrender values applied to pay renewal
premiums 84 42
18 Total renewal premiums 328437 4S
19 Extra premiums for total and permanent disability
benefits 468 00
10 Total premium income 385 493 Qg
22 Dividends left with the company to accumulate at in
terest 13 26
23 Ledger assets other than premiums received from other
companies for assuming their risks 31 176 23
24 Gross interest on mortgage loans 12035 53
25 Gross interest on collateral loans 1356 77
26 Gross interest on bonds and dividends on
stocks less 2892 62 accrued interest
on bonds acquired during 1913 111989 71
27 Gross interest on premium notes poliey
loans or liens 19180 81
28 Gross interest on deposits in trust com
panies and banks 112 98
29 Gross interest on other debts due the com
pany On loans secured by renewals
7766 less pd for divds ace at Int
393 73 73
33 Gross rent from companys property in
cluding 450000 for companys occu
pancy of its own buildings 21283 72
34 Total gross interest and rents QQ 033 25
35 From other sources Policies of reinsurance surrendered 150 00
37 Final divd from failed eo on bldg destroyed by fire 18 75
38 Georgia Life Excess of amt turned over as divd ace
at interest jj g2
42 Gross profit on sale or maturity of ledger assets viz
Bonds 2700 71
Stocks 9 21 s 13
44 Total income 596244 83
IIIDisbursements
1 For death claims less 500000 reinsur
ance 11083181 additions 80732 117639 13
2 For matured endowments 3502500 ad
ditions 800 35033 00ComptbolleeGeneeals Repoet
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
Returned premiums
J Surrender values paid in cash or applied in liquidation
of loans or notes
8 To pay renewal premiums
9 Surrender values applied to purchase paid up insurance
and annuities
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paid up additions and an
nuities
14 Dividends left with the company to accumulate at in
terest
15 Total paid policyholders
19 Paid stockholders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 2351918 renewal premiums
1372080 annuities original 36007
22 Compensation of 2d V P managers and agents not paid
by commissions for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
25 Medical examiners fees 583367 inspection of risks
122060
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent including 450000 for companys occupancy of
its own buildings
28 Advertising 101775 printing and stationery 335833
postage telegraph telephone and express 265225
exchange 7615
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Federal corporation
tax
State municipal and county licenses
37 Municipal tax on prems
On capital stock
38 On annual property
39 Other disbursements Library Bureau
599
52672 13
6379 25
1518 78
40 28
47258 77
84 42
851 00
27235 76
19793 52
3261 36
1433 26
260528 53
6000 00
37600 05
10455 00
6731 79
7054 27
24116 10
4603 66
7104 48
3375 00
104 23
4393 72
4199 57
2502 39
1050 75
22 62
1511 67
428 73
1155 32
1 25
1543 48600
ComptkollerGenerals Report
41 Appraisements ac 5 00
42 Sundry expenses 2650 19
46 Agents balances charged off 754 68
46 Prem notes turned over by Ga Life amt pd chgd off 939 41
47 Gross loss on sale or maturity of ledger assets viz
Bonds 846 50
48 Gross decrease by adjustment in book value of ledger
assets viz Real estate 2 500 00
Bonds 5334 70
40 Total disbursements 395 513 17
IVLedger Assets
1 Book value of real estate 242500 00
2 Mortgage loans on real estate 199040 00
3 Loans secured by pledge of bonds stocks
or other collateral 10000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 407070 49
5 Premium notes and loans on policies in
force of which 18873 is for first years
premiums 21787 79
6 Book value of bonds 239045993 and
stocks 9847855 2488938 48
7 Cash in companys office 2 295 42
8 Deposits in trust companiese and banks
not on interest 46136 59
9 Deposits in trust companies and banks on
interest iSOo 00
10 Agents balances debit 473911 credit
132230 net 341681 the cr bal
of 132230 includes 7617 ledger liab
ilities other than agents cr bals 3416 81
11 Deposit with Halls Equitable Co 30000
int in default on X Y 21000 open
accts judgmts ami suspended acct
1409447 total um 47
12 Total ledger assets 3437190 05
XonLedger Assets
L3 Interest due 22800 and accrued 2
91488 on mortgages
14 nteresl accrued on bonds
15 Interest accrued on collateral loans
3142 88
16734 19
35 00 16 17 18 20 21 25 26 27 28 29 35 38 41 43 44 46 1 2 4 ComptrollerGenerals Interest due 572443 and accrued 531796 on premium notes policy loans or Report 11042 39 1139 41 1139 41 175 00 6 32268 37767 Dl
On stocks 112420 or deposit 1521 Eents due on company V property or lease
Total interest and rents due and accrued Gross premiums due and unreported on policies in force Dec 31 1913 less reGross deferred premiums on policies in force Dec 31 1913 less reinsurance 27421 26 22376 55 87
49797 81 12030 79


Net amount of uncollected and deferred prei 02
3507225 3466063 94
Deduct Assets Not Admi Agents debit balances gross Premium notes and loans on policies and net premiums in Item 29 in excess of the tted 4739 11 200 00 22128 98 14094 47
Book value of ledger assets over market value viz On bonds and stocks Open accts judgments and suspended accts
38
VLiabilities Surplus and 0 Net present value of all the outstanding po on the 31st day of Dec 1913 as compute Dept of Md on the following tables of rates of interest viz Actuaries table at 4 per cent on business issued prior to Jany 1 1903 American Experience table at 3y2 per cent on business issued after Jany 1903 Same for reversionary additions Other tables and rates viz Reinsured pols of Ga Life Ins Co American 31 preliminary term and modified preliminary ther Funds icies in force d by the Ins mortality and 2006645 34 12565 66 789647 12 6233 34 106157 49

602
ComptrollerGeneral s Report
Same for reversionary additions 12 73
5 Net present value of annuities including
those in reduction of premiums
Actuaries 4 per cent 8134 77
American 3 per cent 40278 28
Total 2969674 75
6 Deduct net value of risks of this company
reinsured in other solvent companies 63641 08
7 Extra reserve for total and permanent dis
ability benefits 510 79
8 Net reserve 2906544 46
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 releases 6282 88
13 Claims for death losses reported for which
no proofs have been received 13695 94
15 Claims for matured endowments due and
unpaid unclaimed 2869 66
17 Claims for total and permanent disability
18 Due and unpaid on annuity claims involv
ing life contingencies 3 71
19 Total policy claims 22852 19
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 1454 40
22 Premiums paid in advance including surrender values so
applied 543 21
23 Unearned interest and rent paid in advance 326 01
24 Commissions due to agents on premium notes when paid 253 13
25 Commissions to agents due or accrued less agts cr bal
132230 deduction from agents balances 327 29
28 Medical examiners fees 715 00
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 4800 00
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 11047 6 I
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 3713 02ComptrollerGenerals Report 603
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 35 212244 08
45 Total 3166579 51
46 Capital stock 100000 00
47 Unassigned funds surplus 199483 87
48 Total 3466063 38
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 725 1022941 00
17i2 Policies on the lives of citizens of said state
transferred during year 5 7000 00
8 Policies on the lives of citizens of said state
issued during the year 1157 1940443 00
19 Total 1887 2970384 00
20 Deduct ceased to be in force during the year Ill 176121 00
21 Policies in force Dec 31 1776 2794263 00
22 Losses and claims unpaid December 31 of pre
vious year 1 442 85
23 Losses and claims incurred during year 13 19285 00
24 Total 14 19727 85
25 Losses and claims settled during year in cash 11 12685 00
26 Losses and claims unpaid Dee 31 3 7042 85
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 80965 23604
ComptrollerGenerals Report
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF
SPRINGFIELD MASSACHUSETTS
William W McCIench President Wheeler H Hall Secretary
William J Harty Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash Purely Mutual
2 Amount of ledger assets as per balance
December 31 of previous year 68277044 43
4 Extended at 68277044 43

IIIncome
5 First years premiums on original policies without deduc
tion for commissions or other expenses 1237 525 81
8 Dividends applied to purchase paidup ad
ditions and annuities 106159 68
11 Consideration for supplementary contracts
involving life contingencies 13655 00
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 100
68518 for reinsurance on renewals 8152568 96
14 Dividends applied to pay renewal premiums 1371323 17
1357340 49
18 Total renewal premiums 9 503 390 j g
2D Total premium income 10881232 62
21 Consideration for supplementary contracts not involving life
contingencies 123 7iHi 39
22 Dividends left with the company to accumulate at interest 319825 63
24 Gross interest on mortgage loans 1322050 48
26 Cross interest on bonds and dividends on
stocks less 715278 accrued interest on
bonds acquired during 1913 1295898 39
27 Gross interest on premium notes policy loans
or iens 629617 74
28 Cross interest on deposits in trust companies
and banks 23518 52
29 Gross interest in other debts due the com
pany Included in cost to change poli
cies from one kind to another 11084 27ComptrollerGenerals Report 605
In connection with revival of policies 840 71
Dividends Mt Hope Cemetery stock 3000 00
Sundry items 297 52
Total 15222 50
31 Less discount on premiums paid in advance 3585 50
Balance H637 00
32 Gross discount on claims paid in advance 238 04
33 Gross rent from companys property includ
ing 4411500 for companys occupancy of
its own buildings 71164 45
34 Total gross interest and rents 3354124 62
35 From other sources
36 Protest fees 22 40
37 Final dividend Unional National Bank
Chicago 111 95 00
38 Eighth dividend Capital National Bank
Guthrie Okla 59
39 Foreclosure expenses previously charged
off 2392 92
40 Total2510 91
42 Gross profit on sale or maturity of ledger assets viz Real
estate 4500 00
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds for accrual of discount 12995 02
44 Total income 14698895 19
Profit and loss
IIIDisbursements
1 For death claims less 45000 reinsurance
325858418 additions 24305 total 3282889 18
2 For matured endowments less 10000 re
insurance 381318 additions 18471
total 399789 00
4 Net amounts paid for losses and matured endowments 3682678 IS
6 Premium notes and liens voided by lapse less 1739616
restorations 44338 12
4 Surrender values paid in cash or applied in liquidation of
loans or notes 1219296 74
10 Dividends paid to poKcyholders in cash or applied in liqui
dation of loans or notes 280883 19
11 Dividends applied to pay renewal premiums 1371323 17606
ComptbolleeGeneeals Eepoet
13 Dividends applied to purchase paidup additions and annui
ties 106159 68
14 Dividends left with the Company to accumulate at interest 319825 63
15 Total paid policyholders 7024504 71
16 Expense of investigation and settlement of policy claims
including 341846 for legal expense 3978 50
17 Paid for claims on supplementary contracts not involving
life contingencies 67727 21
18 Dividends and interest thereon held on deposit surrendered
during the year 179043 44
20 Commissions to agents less commission on reinsurance
First years premiums 50840068 renewal premiums
57621397 total 1084614 65
21 Communted renewal commissions 484 18
22 Compensation of managers and agents not paid by com
sion for services in obtaining new insurance 21465 50
23 Agency supervision and traveling expenses of supervisors 2698 89
24 Branch office expenses including salaries of managers and
clerks not included in item 22 130525 03
25 Medical examiners fees 8454400 inspection of risks
1706795 total 101611 95
26 Salaries and all other compensation of officers directors
trustees and home office employees 295934 00
27 Rent including 4411500 for companys occupancy of its
own buildings less 18846 received under sublease 99351 10
28 Advertising 1905395 printing and stationery 49
80323 postage telegraph telephone and express 39
91169 exchange 36208 total 109130 95
29 Legal expense not included in item 16 1521 82
30 Furniture fixtures and safes 12429 27
81 Repairs and expenses other than taxes on real estate 25175 93
32 Taxes on real estate 17679 01
33 State taxes on premiums 124896 69
34 Insurance department licenses and fees 14648 35
35 All other licenses fees and taxes Federal corporation tax
1175873 city licenses 235849 city premium taxes
21900 city and county persona taxes 32250 excise
taxes 5176923 miscellaneous 60095 total 67028 90
39 Other disbuvseemnts Home office and agency traveling
469445 surety bonds and publications 535472 ship
ping supplies and janitor service 214753 heat light
and repairs 184484 miscellaneous 858232 loan de
partment expenses 467962 protest fees 2858 com
mission on bonds purchased 125 balance First Na
tional Hank Pittsburgh Pa 518598 total 32519 79
46 Agents balances charged off 79 5ff
47 Gross loss on sale of maturity of ledger assets viz Peal
estate 330000 bonds 51313 total 3813 13ComptrollerGenerals Report
607
48
49
9
12
L3
14
16
17
20
21
25
26
27
28
29
35
Gross decreased by adjustment in book value of ledger as
sets viz Real estate 567547 bonds for amortization
of premium 4044829 stocks 12948530 total
175609 06
Total disbursements 9596471 56
IVLedger Assets
Book value of real estate 961500 00
Mortgage loans on real estate first liens 28161854 00
Loans made to polieyholders on this com
panys policies assigned as collateral 10984166 67
Premium notes on policies in force 1040630 71
Book value of bonds 2938262351 and
stocks 45323925 total 29835862 76
Cash in company s office 1826 78
Deposits in trust companies and banks not
on interest 292253 81
Deposits in trust companies and banks on
interest 2101373 33
451623 92
431705 48
251865 27
3096 44
175 00
Total ledger assets 73379468 06
NonLedger Assets
Interest due 341214 and accrued 448
21178 on mortgages
Interest accrued on bonds
Interest due 4394977 and accrued 207
91550 on premium notes policy loans
or liens
Interest accrued on bank deposits
Bents accrued on companys property or
lease
Total interest and rents due and accrued 1138466 11
Gross premiums due and unreported on pol
icies in force December 31 1913 less
reinsurance premiums 582671 86
Gross deferred premiums on policies in
force December 31 1913 less reinsurance
premiums 1180087 07
Totals 1762758 93
Deduct loading 22 per cent 401027 66
Net amount of uncollected and deferred premiums 1361731 2
Gross assets
Profit and loss
75879668 44608 ComptrollerGenerals Eeport
Deduct Assets Not Admitted
45 Bonds and stocks 2155852 76
46 Admitted assets 73723812 68
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the
company on the following tables of mortality and rates
of interest viz
1 Actuaries table at 4 per cent on policies
issued issued prior to January 1 1901 35081272 00
Same for reversionary additions 358095 00
Total 35439367 00
2 American experience table at 3 per cent
on policies issued from January 1 1901
to September 30 1907 both inclusive ex
cept a few joint life policies included in
No 3 19879477 00
Same for reversionary additions 201542 00
Total 20081019 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
No 2 10794798 00
Same for reversionary additions 508289 00
Total 11303087 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries table and 4 per cent interest 5948 00
American experience table and 3V per cent
interest 7597 00
American experience table and 3 per cent
interest 44656 00
Titl 58198 00
Total 66881671 00
i Deduct net value of risks of this company reinsured in
other solvent companies 815 378 00
8 Net reserve 66066293 0012
13
14
15
16
19
21
22
23
25
27
33
34
47
48
17
18
19
20
21
ComptrollerGeneral s Keport 609
Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 699540 30
Claims for death losses in process of ad
justment or adjusted and not due 53739 00
Claims for death losses reported for which
no proofs have been received 122997 95
Eeserve for net death losses incurred but
unreported 52223 00
Claims for matured endowments due and
unpaid 4881 00
Claims for death losses and other policy
claims resisted by the company 52490 14
Total policy claims 286331 09
Dividends left with the company to accumulate at interest
and accrued interest thereon 1395031 19
Premiums paid in advance including surrender values so
applied 60057 39
Unearned interest and rent paid in advance 1146 36
Commissions to agents due or accrued 151 05
Salaries rents office expenses bills and accounts due or
accrued 22608 59
Medical examiners fees 22685 00
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 191689 47
Dividends or other profits due polieyholders including those
contingent on payment of outstanding and deferred pre
miums 106945 30
Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 1005707 14
Unassigned funds surplus 3865626 30
Total 73723812 68
Business in the State of Georgia During the Year
Policies on the lives of citizens of said State in force De
cember 31 of previous year 9839934 00
Policies on the lives of citizens of said State issued during
the year 1237200 00
Total 11077134 00
Deduct ceased to be in force during the year 452226 00
Policies in force December 31 10624908 00

610 ComptrollerGenerals Report
22 Losses and claims unpaid December 31 of previous year
23 Losses and claims incurred during year
24 Total
25 Losses and claims settled during the year in cash
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses
5572 00
41500 00
47072 00
47072 00
375087 70
MERIDIAN LIFE INSURANCE COMPANY
Arthur Jordan President Thos J Owens Secretary
J E Wilhelm Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
Dee 31 of previous year 2097995 63
4 Extended at 2097995 63
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 212918 for first
years reinsurance
18 Total renewal premiums
149937 36
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 6
57892 for reinsurance on renewals 366 630 14
14 Dividends applied to pay renewal prem
iuma 6764 88
149937 36
373395 02
20 Total premium income 503 339
21 Consideration for supplementary contracts not involving
life contingencies 83 08
22 Dividends left with the company to accumulate at in
ot n tereS 13166 18
Zi Oross interest on mortgage loans 62 633 29ComptrollerGenerals Report
611
27 Gross interest on premium notes policy
loans or liens
33 Gross rent from companys property in
cluding 480000 for companys occu
pancy of its own buildings
35988 25
21428 26
34 Total gross interest and rents i
25 From other sources Premuims on loans and stock
37 Attorney fees
38 Premium notes previously ehagred off
42 Gross profit on sale or maturity of ledger assets viz
Real estate
44 Total income
120049 80
8738 95
257 80
1 77
350 09
665980 05
IIIDisbursements
1 For death claims less 1318334 reinsur
ance 9160324 additions 394052
35543 76
150486 97
682 91
175 00
16000 00
4 Net amounts paid for losses and matured endowments 95543 76
7 Surrender values paid in cash or applied in liquidation
of loans or notes 44932 96
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 3245 37
11 Dividends applied to pay renewal premiums 6764 88
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
17 Paid for claims on supplementary contracts not involv
ing life contingencies
19 Paid stockholders for interest or dividends
20 Commissions to agents less commissions on reinsurance
First years premiums 12334037 renewal premiums
1275726 total 136097 63
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 3312 66
23 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 6507 13
25 Medical examiners fees 1688700 inspection of risks
306194 19948 94
26 Salaries and all other compensation of officers directors
trustees and home office employees 39779 97
27 Rent including 480000 for companys occupancy of its
own building 5013 50
28 Advertising 156840 printing and stationery 469625
postage telegraph telephone and express 224547
exchange 2819 8538 91612
ComptrollerGenerals Eeport
29 Legal expense not included in item 16 4066 66
30 Furniture fixtures and safes 479 40
31 Repairs and expenses other than taxes on real estate 1541 11
33 State taxes on premiums 7291 87
34 Insurance department licenses and fees 3175 34
35 All other licenses fees and taxes Federal corporation
tax 298 67
37 Taxes county municipal and state 3943 53
40 Miscellaneous expense 1778 90
41 Building expense 2631 44
42 Inspection of loans 324 95
43 Interest on loan home office building 5625 00
44 Interest on dividends deposited 4S2 64
45 Heating expense and renewal expense 5193 25
46 Agents balances charged off 2174 09
49 Total disbursements 425550 47
IVLedger Assets
1 Book value of real estate 381000 09
2 Mortgage loans on real estate 1142346 22
4 Loans made to policyholders on this com
panys policies assigned as collateral 694351 11
7 Cash in companys office 3144 25
8 Deposits in trust companies and banks
not on interest 100019 42
10 Agents balances debit 7583 96
11 Furniture and fixtures 9980 16
12 Total ledger assets 2338425 21
NonLedger Assets
13 Interest due 1005697 and accrued 14
971 73 on mortgages 25028 70
16 Interest accrued mi premium notes policy
loans or liens 16112 57
20 Rents accrued on companys property or
lease 1147 83
21 Total interest and rents due and accrued
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 1913 less
reinsurance premiums 96031 43
12619 10
2500 001
ComptrollerGenerals Report
613
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums
27 Totals
28 Deduct loading
7250 75
103282 18
3511440
29 Net amount of uncolleeted and deferred premiums
30 All other assets Unearned fire premiums
32 Supplies printing and stationery
35 Gross assets
68167 78
239 74
3701 50
2455653 33
Deduct Assets Not Admitted
37 Supplies stationery printed matter 3
70150 furniture fixtures and safes
998016 total 13681 66
38 Agents debit balances gross 7583 96
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 9686 60
45 Total 30952 22
46 Admitted assets 2424701 11
VLiabilities Surplus and Other Funds
Net present value of all of the outstanding policies in
force on the 31st day of Dec 1913 as computed by the
Indiana 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 April 2 1906
except commuted premium policies 346323 89
2 American Experience table at 3 per cent
on all commuted premium policies and
all other policies issued after April 2
1906 1463221 57
Total 1809545 46
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 5886 17
7 Extra reserve for additional accidental
death benefits 323748 included in life
policies included in Items 1 and 2614 ComptrollerGenerals Report
8 Net reserve 1803659
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 2 181
12 Claims for death losses in process of ad
justment or adjusted and not due 3000 00
13 Claims for death losses reported for which
no proofs have been received 3000 00
16 Claims for death losses and other policy
claims resisted by the company 12500 00
19 Total policy claims 18500
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 31 497
22 Premiums paid in advance including surrender values so
applied 1863
23 Unearned interest and rent paid in advance 1816
27 Salaries rents office expenses bills and accounts due or
accrued 2 268
28 Medical examiners fees 1 175
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 6 699
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 1 700
40 Amount above legal requirements on double indemnity
Policies 2409
41 All other liabilities Loan on home office bldg and ac
crued interest j25 468
43 Reinsurance premiums 955
44 Inspection fees 207
46 Capital stock 200 000
47 Unassigned funds surplus 222 297
48 Total 2424701
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 1338 2595061
18 Policies on the lives of citiens of said state
issued during the year 818 1 541 537
1 Total 2156 4136598
20 Deduct ceased to be in force during the year 418 737142
21 Policies in force Dec 31 lj738 3399450
29
85
00
02
52
00
55
62
18
75
92
98
00
01
n
00
00
10
00
00ComptrollerGenerals Report
22 Losses and claims unpaid Dec 31 of previous year 1
23 Losses and claims incurred during year 9
24 Total 10 4
25 Losses and claims settled during year in cash 9
26 Losses and claims unpaid Dec 31 1
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses
615
2000 00
15000 00
17000 00
15000 00
2000 00
76500 98
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK
Home Office 1 Madison Ave New York City N Y
John R Hegeinan President James S Roberts Secretary
ICapital Stock
1 Amount of eapital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 387194388 69
4 Extended at 387194388 69
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 100500 for first
years reinsurance 6209963 19
6 Surrender values applied to pay first years
premiums 47442 01
7 Total first years premiums on original
policies 6257405 20
8 Dividends applied to purchase paid up ad
ditions and annuities 136230 24
10 Consideration for original annuities in
volving life contingencies 302849 07
11 Consideration for total and permanent
disability claims allowed 1391 67
12 Total new premiums ordinary 6697876 18616
ComptrollerGenerals Report
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 16
31197 for reinsurance on renewals 30658081 99
14 Dividends applied to pay renewal prem
iums 1374971 34
16 Surrender values applied to pay renewal
premiums 17103 96
17 Renewal premiums for deferred annuities 1567 26
18 Total renewal premiums ordinary 32051724 55
18 Total industrial premiums received including 4242
58215 bonuses applied in payment of premiums
34860 applied to shorten the premiumpaying
period and 2709245 surrender values applied in pay
ment of premiums 58440818 06
19 Extra premiums for total and permanent disability
benefits 24283 62
20 Total premium income 97214702 41
21 Consideration for supplementary contracts not involving
life contingencies 33071 00
21V4 Consideration for certificates of deposit 34964 41
23 Ledger assets other than premiums received from other
companies for assuming their risks 424520 89
24 Gross interest on mortgage loans less 27
30162 accrued interest on mortgages ac
quired during 1913 8735956 11
26 Gross interest on bonds and dividends on
stocks less 29648027 accrued interest
on bonds acquired during 1913 7994982 20
27 Gross interest on premium notes palicy
loans or liens 975571 08
28 Gross interest on deposits in trust com
panies and banks 147008 25
29 Gross interest on other debts due the com
pany Interest on superintendents bank
accounts if77427 interest on deferred
payments 290329 10645 66
31 Interest on agents balances 582406
miscellaneous interest 6038 5884 44
2 Gross discount on claims paid in advance 178 62
33 Cross rent from companys property in
cluding 78246182 for companys occu
pancy of its own buildings 1534590 24
34 Total gross interest and rents 19404816 60ComptrollerGenerals Eeport
617
35 Prom other sources Tax refund 17457
income tax deducted at source 69248 867 05
37 Dividends suspended banks 5519 con
science money 5400 109 19
38 Suspense unclaimed checks etc 34
27703 deficiency judgment 176000 36037 03
39 Fire insurance fund 2837328 deposit ac
count bond and mortgage interest and
rent 205041 30423 69
40 Liquidation of unlisted assets 6750 00
74186 96
42 Gross profit on sale or maturity of ledger assest viz
Real estate 16219 12
Bonds 140808 73
43 Gross increase by adjustment in book value of ledger
assets viz Bonds 159753 77
44 Total income 117503043 89
IIIDisbursements
1 For death claims 2589612638 additions
1500700 mortuary bonus additions
159751533 27508648 71
2 For matured endowments 187772407
additions 1159900 bonus additions
1918403 1908507 10
3 For total and permanent disability claims
139167 and for additional accidental
death benefits 1391 67
4 Net amount paid for losses and matured endowments 29418547 48
5 For annuities involving life contingencies 148846 05
fi Premium notes and liens voided by lapse less restorations 30718 32
7 Surrender values paid in cash or applied in liquidation of
loans or notes 3198872 93
8 Surrender values applied to pay new premiums 4744201
to pay renewal premiums 1710396 to pay industrial
premiums 2709245 total 91638 42
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 91262 32
Cash bonuses paid on nonparticipating industrial policies 60382 73
11 Dividends applied to pay renewal premiums 1374971 34
Bonuses applied to pay renewal premiums on nonpar
ticipating industrial policies 42425S2 5
Bonuses applied to shorten the endowment or premium
paying period on nonparticipating industrial policies 348 60618
ComptrollerGenerals Keport
13 Dividends applied to purchase paid up additions and an
nuities 136230 24
14 Sick benefits on assumed policies 65 00
15 Total paid policyholders 38794465 58
16 Expense of investigation and settlement of policy claims
including 3416163 for legal expense 38841 63
16 Premiums waived by company on account of total and
permanent disability 182 95
17 Paid for claims on supplementary contracts not involv
ing life contingencies 1 s724 34
171 Certificates of deposit liquidated 13953 04
lit Paid stockholders for interest or dividends 140000 00
20 Commissions to agents less commission on reinsurance
first years premiums 178585513 renewal premiums
208919444 annuities original 347300 renew
al 3749 3878560 06
21 Commuted renewal commissions 150 00
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 2647S 41
22 Compensation in industrial department to superinten
dents deputies assistants and agents 13191850 6S
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 114828 13
24 Branch office expenses including salaries of managers
and clerks not included in item 22 1043781 33
25 Medical examiners fees 75256392 inspection of risks
41815884 1170722 76
26 Salaries and all other compensation of officers directors
trustees and home office employees 3865 in number 3838339 16
27 Rent including 782461S2 for companys occupancy
of its own buildings 1167094 19
28 Advertising 2099212 printing and stationery 253
55570 postage telegraph telephone and express
23562825 exchange 695664 517132 71
29 Legal expense not included in item 16 35967 67
30 Furniture fixtures and safes 60127 99
31 Repairs and expenses other than taxes on real estate 521350 86
32 Taxes on real estate 2981 i I 7 1
33 State taxes on premiums 1 273 943 52
34 Insurance department licenses and fees 7 000 15
35 All other licenses fees and taxes Federal corporation
tax 1110577 municipal licenses 2726478 agents
licenses 543011 persona property tax 146412 cus
toms tax 456111 all other 137417 total 51200 06
39 Other disbursements Health and welfare work 1083729 si
Miscellaneous expenses 938 141 g2
Details of home office expenses 305 503 56ComptrollerGeneral s Report 619
46 Agents balances charged off 2234 12
47 Gross loss on sale or maturity of ledger assets viz
Bonds 51167 stocks 70694169 707453 30
48 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 58752760 Bonds includ
ing 8999500 for amortization of premium 157
24899 total 744776 59
49 Total disbursements 69679203 43
IVLedger Assets
1 Book value of real estate less 6000000
incumbranees 24738739 79
2 Mortgage loans on real estate 187471973 36
4 Loans made to policyholders on this com
panys policies assigned as collateral 23482688 80
5 Premium notes on policies in force 1054699 49
6 Book value of bonds 18640809118 and
stocks 749600621 193904097 39
7 Cash in companys office 51386 40
8 Deposits in trust companies and banks not
on interest 67997 46
9 Deposits in trust companies and banks on
interest 3942466 10
10 Agents balances debit 2899636 credit
319434 net 25802 02
11 Cash in transit 14376578 cash in branch
office banks 7633002 renting section
inventory 2015619 suspense account
unadjusted items 3773635 fire insur
ance premium advanced secured 39000 278378 34
12 Total ledger assets 435018229 IS
NonLedger Assets
13 Interest due 15448215 and accrued 2
46399040 on mortgages 2618472 55
14 Interest due 565066 and accrued 2847
97309 on bonds 2853623 75
16 Interest due 17594480 and accrued
44205086 on premium notes policy
loans or liens 617995 66
20 Eents due 1115884 and accrued 2
08463 on companys property or lease 13243 47
21 Total interest and rents due and accrued 6103335 43620
ComptrollerGenerals Keport
23 Market value not including interest in item 14 of
stocks over book value
New Business Eenewals
25 Gross preiums due and un
reported on policies in
force Dec 31 1913 less
reinsurance premiums 127080 90 1705356 00
26 Gross deferred premiums on
policies in force Dec 31
1913 less reinsurance
premiums 1011490 1 6123458 38
1830S i
27 Totals 113857103 7828814 38
28 Deduct loading 125242 80 1065501 64
29 Nel amount of uncollected
and deferred premiums 1013328 23 6763312 74 7776640 97
industrial premiums due ami unpaid less loading 128545 45
35 Gross assets 450201967 17
Deduct Assets Not Admitted
38 Agents debit balances gross
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies estimated
43 Book value of ledger assets over market
value viz Bonds not subject to amorti
zation
44 Renting section inventory
45 Suspense unadjusted items
28996 36
2731193 I 1
2012755 97
20156 10
37730 05
46 Admitted assets 447829224 16
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
cumany on the following tables of mortality and
rates of interest viz
Actuaries table at 4 per cent on all issues
up to January 1 1901 except as stated
in la 126921751 10
Same for reversionary additions
la Actuaries table doubled at 4 per cent on
all issues special class policies up to Jan
1 1901
Same fur reversionary additions
01072 Hi
52020 1 00
150951 00ComptrollerGeneral s Report
621
2 American Experience table at 3 per cent
on all issues from Jan 1 1901 to Jan 1
1914 except as stated below 164354743 00
Same for reversionary additions 353086 00
3 American Experience table doubled at 3
per cent on all issues special class
policies from Jan 1 1901 to Jan 1 1907 1925786 00
Same for reversionary additions 340175 00
4 Other tables and rates viz Standard in
dustrial 31 per cent from Jan 1 1915 71632322 00
Substantial industrial table 3 per cent
from January 1 1907 4361565 00
Intermediate tables 3 per cent from Jan
1 1907 21818115 00
Special class table Z1 per cent from Jan
1 1907 3116607 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries table at 4 per cent 74015 00
American table at 3 per cent 386746 00
McCIintocks table at 3 per cent 803059 00
Total 396862797 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 137314 00
396725483 00
7 Extra reserve for total and permanent dis
ability benefits 18550 00
8 Net reserve paid for basis 397744033 00
9 Present value of amount not yet due on supplementary
contracts not involving life contingencies computed
by the company 149511 00
9a Present value of future premiums waived on account of
total andpermanent disability 1306 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 348802 89
12 Claims for death losses in process of ad
justment or adjusted and not due 123927 98
13 Claims for death losses reported for which
no proofs have been received 389229 04
14 Reserve for net death losses incurred but
unreported 522394 45
15 Claims for matured endowments due and
unpaid 26252 00622
ComptrollerGenerals Report
10 Claims for death losses and other policy
claims resisted by the company 182257 20
19 Total policy claims 1244000 67
20s Certificates of deposit not involving life contingencies 45122 70
22 Premiums paid in advance including surrender values so
applied 1576647 56
23 Unearned interest and rent paid in advance 79714 54
25 Commissions to agents due or accrued 39006 53
27 Salaries rents office expenses bills and accounts due or
accrued 111428 73
28 Medical examiners fees 17526608 and legal fees 26
50854 due or accrued 201774 62
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 1550000 00
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 584935 96
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 1548894 10
34a Bonuses apportioned to nonparticipating industrial poli
cies and payable in 1914 6334191 98
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 145167 53
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
r 50607 1 v
37 Reserve special and surplus funds not included above
38 To cover possible disability benefits 300000 00
39 To cover all other possible items 150000 00
42 Fire insurance fund 12195531 due TT 8 Government
for income tax deducted at source 69248 122647 79
44 Suspense unclaimed checks etc 5389071 deposit ac
count mortgage interest and rents 3796493 91855 64
45 Total 412244327 51
46 Capital stock 2000000 00
47 Unaasigned funds surplus 33 584 901 65
48 Total 447829229 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 8577 10003107 00ComptrollerGenerals Report 623
18 Policies on the lives of citizens of said state
issued during the year 2919 3217547 00
19 Total 11496 13220654 00
20 Deduct ceased to be in force during the year 1563 1632293 00
21 Policies in force Dec 31 9933 11588361 00
22 Losses and claims unpaid Dec 31 of previous year 11 12000 00
23 Losses and claims incurred during year 85 71205 00
24 Total 96 83205 00
25 Losses and claims settled during the year in
cash 33898098 by compromise 41500 88 75705 00
26 Losses and claims unpaid Dec 31 8 7500 00
MICHIGAN MUTUAL LIFE INSURANCE COMPANY
Home Office 150 Jefferson Avenue Detroit Michigan
O E Looker President A F Moore Secretary
George S Obear Attorney for Service
LCapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 11471742 17
4 Extended at 11471742 17
IIIncome
5 First years premium on original policies
other expenses less 467004 for first
years reinsurance 217308 75
6 Surrender values applied to pay first years
premiums 183 58
12
13
14
Total first years premiums on original policies 217492 33
Dividends applied to purchase paidup additions and annui
ties 6048 36
Total new premiums 223540 69
Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 27
03167 for reinsurance on renewals 1290863 00
Dividends applied to pay renewal premiums 8003 15624 ComptrollerGenerals Report
15 Dividends applied to shorten the endowment
or premiumpaying period 886 75
16 Surrender values applied to pay renewal pre
miums 471 57
18 Tota renewal premiums 1300224 47
19 Extra premiums for total and permanent disability bene
fits 598 27
20 Total premium income 1524363 43
21 Consideration for supplementary contracts not involving
life contingencies 22740 00
24 Gross interest on mortgage loans 482969 79
25 Gross interest on collateral loans 344 18
26 Gross interest on bonds and dividends on
stocks 1500 00
27 Gross interest on premium notes policy
loans or liens 100759 51
28 Gross interest on deposits in trust companies
and banks 4512 22
30 Advance made to Agent J W JIcKinney 84 00
32 Gross discount on claims paid in advance
18 II
33 Gross rent from companys property 1130 00
34 Total gross interest and rents 59137 4S
42 Gross profit on sale or maturity of ledger assets viz Real
estate 218 49
44 Total income 2138700 40
IIIDisbursements
1 For death claims less 2061000 reinsur
ance 62731351 additions 978365 837097 16
2 For matured endowments less 351770 re
insurance 48572969 additions 8
11560 493S45 29
4 Net amounts paid for losses and matured endowments 1130942 45
i Premium notes and liens voided by lapse less 62536 res
torations 1879 32
7 Surrender values paid in rash or applied in liquidation of
loans or notes 2731
6 Surrender values applied to pay new premiums 18356 to
pay renewal premiums 47157 total 655 15
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 61690 98
11 Dividends applied to pay renewal premiums 8003 15ComptrollerGenerals Report
625
12 Dividends applied to shorten the endowment or premium
paying period
13 Dividends applied to purchase paidup additions and annui
ties
886 75
6048 36
15 Total paid polieyholders
16 Expense of investigation and settlement of policy claims
including 157028 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
19 Paid stockholders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 15280857 renewal premiums
7676867 total
Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
Branch office expenses including salaries of managers and
clerks not included in item 22
Medical examiners fees 2380507 inspection of risks
499361 total
Salaries and all other compensations of officers directors
trustees and home office employees
Eent
Advertising 444909 printing and stationery 1189206
postage telegraph telephone and express 592441 ex
change 51113 total
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Eepairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
38 Miscellaneous city licenses and taxes 61586 State fees
141144 total
40 Investment expense
41 Subscriptions
42 All other office expenses
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz Real
estate
22
23
24
25
26
27
28
49 Total disbursements
1483235 04
1933 72
13210 92
25000 00
229577 24
6400 00
29973 89
34205 18
28798 68
75234 20
11681 83
22776 69
4825 00
2667 44
812 81
1982 80
21200 25
2490 57
17351 22
2027 30
1346 89
216 65
5010 45
1000 00
423 00
2025437 79
IVLedger Assets
1 Book value of real estate 89429 80
2 Mortgage loans on real estate 9524674 97626
CompteollerGenerals Eepoet
3
4
5
6
7
9
10
12
13
14
15
16
Loans secured by pledge of bonds stocks or
other collateral 2500 00
Loans made to polieyholders on this com
panys policies assigned as collateral 1654257 45
Premium notoes on policies in force 55802 84
Book value of bonds 25000 00
Cash in companys office 27548 97
Deposits in trust companies and banks on
interest 201998 84
Agents balances debit 383894 credit
4703 net 3791 91
Total ledger assets 11585004 78
NonLedger Assets
Interest due 1051239 and accrued 122
05389 on mortgages 132566 28
Interest accrued on bonds 250 00
Interest due 2260 and accrued 2970 on
collateral loans 52 39
Interest due 975338 and accrued 12
96373 on premium notes policy loans
or liens 22717 11
Interest accrued in Wayne Co and Home
Savings Bank 107 45
21
26
27
28
29
35
38
Total interest and rents due and accrued
Market value of real estate over book value
Gross premiums due and unreported on pol
icies in force December 31 1913 less re
insurance premiums 58 035 23
Gross deferred premiums on policies in
force December 31 1913 less reinsur
ance premiums 87966 23
15569323
14920 20
Totals 146001 46
Deduct loading 26699 40
Net amount of uncolleeted and deferred premiums
119302 06
Gross assets 11874920 27
Deduct Assets Not Admitted
Agents debit balances gross 3838 94ComptrollerGenerals Report 627
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of the
net value of their policies 4488 55
45 Total 8327 49
46 Admitted assets 11866592 78
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 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 priar to
1903 7446709 00
Same for reversionary additions 116800 74
2 American experience table at 3 per cent from January 1
1903 and modified preliminary term from January 1
1908 3195208 00
3 American experience table at 3 per cent on whole life and
20payment life installment option participating from
January 1st 1903 62049 00
Total 10820766 74
6 Deduct net value of risks of this company reinsured in
other solvent companies 82430 00
Balance 10738336 74
7 Extra reserve for total and permanent disability benefits 334 00
8 Net reserve 10738670 74
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
Michigan Mutual Life Insurance Company 57839 99
13 Claims for death losses reported for which
no proofs have been received 54288 06
15 Claims for matured endowments due and
unpaid 994 06
16 Claims for death losses and other policy
claims resisted by the company 1000 00
19 Total policy claims 56282 12
22 Premiums paid in advance including surrender values so
applied 6744 01
23 Unearned interest and rent paid in advance 29210 57
24 Commissions due to agent3 on premium notes when paid 2254 46
27 Salaries rents office expenses bills and accounts due or
accrued 3754 23
628 ComptrollerGenerals Keport
28 Medical examiners fees 262900 and legal fees 33750
due or accrued 2966 50
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 20236 16
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 4679 53
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 4719 40
43 Deposit account 493 63
46 Capital stock 250000 00
47 Unassigned funds surplus 688742 42
48 Total 11860592 7
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citiens of said State in
force December 31 of previous year 990 188604326
18 Policies on the lives of citiens of said State issued
during the year 269 517266 25
19 Total 1259 2403309 51
20 Deduct ceased to be in force during the year 248 507 99 55
23 Losses and claims incurred during year 12 24570 28
25 Losses and claims settled during the year in
cash 2387028 compromise 70000 total 12 24570 28
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or oilier i xpenses 55 i 19 2
MISSOURI STATE LIFE INSURANCE COMPANY
Edmund P Melson President T 1 Lawrence Secretary
insurance Commissioner of Georgia 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 3489535 90
ncrease of capital during the year 700000 00
4 Extended at 4189535 90ComptrollerGenerals Eeport
IIIncome
62a
First years premiums on original policies
without deduction for commissions or
other expenses less 550732 for first
years reinsurance
Dividends applied to pay first years pre
miums
771887 02
1845 24
7 Total first year s premiums on original premiums
8 Dividends applied to purchase paidup addi
tions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
Consideration for supplementary contracts
involving life contingencies
11
2675 00
4297 61
5015 53
16
185 03
3714 84
773735 26
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 1076289
for reinsurance on renewals 1985030 40
14 Dividends applied to pay renewal premiums 26151 75
15 Dividends applied to shorten the endowment
or premiumpaying period
Surrender values applied to pay renewal
premiums
Total renewal premiums
Extra premiums for additional accidental death benefits
105331 included in life policies less 12877 paid for
reinsurance
785724 00
2015082 02
924 54
20
21
22
23
24
Total premium income 2801730 56
Consideration for supplementary contracts not involving life
contingencies 9308 50
Dividends left with the company to accumulate at interest 6009 53
Ledger assets other than premiums received from other
companies for assuming their risks 3449412 60
Gross interest on mortgage loans less 77
accrued interest on mortgages acquired
dining 1913 369704 59
Gross interest on collateral loans 16070 18
Gross interest on bonds and dividends on
stocks less 12625 accrued interest on
bonds acquired during 1913 5279 42
Gross interest on premium notes policy
loans or liens 82705 93
Gross interest on deposits in trust companies
and banks 6301 15630
ComptrollerGenerals Report
29 Gross interest on bills receivable
31 Gross interest on agents balances
2122 21
333300 95
34 Total gross interest and rents
36 Paid into surplus fund by stockholders
37 Premium income from accident riders to life policies
38 Premium income from health riders to life policies
39 Bonus on mortgage loan paid off prior to maturing
40 Surrender values received on reinsurance counted
41 From agents balances previously charged off
485484 43
292141 37
790 75
776 91
827 21
58 00
21 89
44 Total income 7 046561
IIIDisbursements
For death claims 54482523
490998 total
For matured endowments
additions
549735 21
232369 58
4 Net amounts paid for losses and matured endowments
4a For claims paid under health and accident riders to life
insurance policies
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse less 680913 res
torations
7 Surreder values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
11a Dividends applied to pay first year premiums
12 Dividends applied to shorten the endowment or premium
paying period
13 Dividends applied to purchase paidup additions and an
nuities
14 Dividends left with the company to accumulate at interest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
including 303495 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
17a Paid ier annuity purchased under total disability
18 Dividends and interest thereon held on deposit surrendered
during the year
782104 79
478 27
1823 58
6697 89
283227 33
3714 84
4297 61
86959 90
26151 75
1848 24
185 03
2675 60
6009 53
1206124
3078
76
19
2757 86
4579 22
524 96ComptrollerGenerals Eeport 631
19 Paid stockholders for interest or dividends 6000 00
20 Commissions to agents less commission on reinsurance
First years premiums 50461975 renewal premiums
9920678 accident riders 3538 health riders 3000
total 603891 91
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 37086 46
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 23707 74
24 Branch office expenses including salaries of managers and
clerks not included in item 22 36941 45
25 Medical examiners fees 5984890 inspection of risks
1737545 total 77224 35
26 Salaries and all other compensation of officers directors
trustees and home office employees 116759 92
27 Rent 8275 00
28 Advertising 629066 printing and stationery 2836240
postage telegraph telephone and express 1450040
exchange 175630 total 50909 76
29 Legal expense not included in item 16 3232 76
30 Furniture fixtures and safes 2425 45
33 State tax on premiums 36040 32
34 Insurance department licenses and fees 8602 95
36 Federal corporation tax 114479 municipal licenses and
taxes 1364596 total 13790 55
37 State licenses and taxes other than on premiums 12208 03
38 Paid for examination of company by Insurance Department 266 7 29
40 Agents bond premiums 77513 collection of premiums
170064 total 2533 77
41 Incidental office expenses 4023 41
42 Investment expenses 5430 40
43 Paid Hartford L I Co per reinsurance contract 260000 00
44 Expenses of merger of Hartford Life Insurance Co and
VI issouri State Life Insurance Co 9144 86
45 Expenses of 1913 convention of 100000 Club 7577 50
46 Agents balances charged off 275 34
47 Gross loss on sale or maturity of ledger assets viz lionds 3708 65
48 Gross decrease by adjustment in book value of ledger as
sets viz Mortgage loans 30245 00
Collateral loans 50000 00
49 Total disbursements 2630367 46
IVLedger Assets
2 Mortgage loans on real estate first liens 6180558 62
3 Loans secured by pledge of bonds stocks or
other collateral 445000 00632
ComptrollerGenerals Report
4 Loans made to policyholders on this com
panys policies assigned as collateral 1487127 IB
5 Premium notes on policies in force of which
79472 is for first years premiums 27229 83
6 Book value of bonds 55625 00
7 Cash in companys office 19762 38
8 Deposits in trust companies and banks not
on interest b2071 93
9 Deposits in trust companies and banks on
interest 217407 61
10 Bills receivable 313397 agents balances
debit 8468956 credit 407486
net 8061470 total 111947 67
12 Total ledger assets 8605730 19
NonLedger Assets
13 Interest due 2790369 and accrued 221
67221 on mortgages 2495575 90
14 Interest accrued on bonds 995 05
15 Interest accrued on collateral loans 10065 00
16 Interest accrued on premium notes policy
loans or liens 6337 60
17 Interest accrued on other assets On certifi
cate of deposit 49266 on daily bank
balances 17127 total 663 93
21 Total interest and rents due and accrued 267637 48
25 iross premiums due and unreported on
policies in force December 31 1913 less
reinsurance premiums 195556 16
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 167968 08
27 Totals
28 Deduct loading
363524 24
59164 59
29 Net amount of uncollected and deferred premiums
294359 65
35 Gross assets 9167727 32
Deduct Assets Not Admitted
38 Agents debit balances gross
40 Hills receivable
41 Premium notes and loans on policies and net
premiums in Item 29 in excess of the net
value of their policies
84689 56
31332 97
15801 92ComptrollerGenerals Eeport
633
43 Book value of ledger assets over market
value viz 1913 bank items taken out in
1914 176 88
44 Loans on policies terminated in 1913 loans
taken out in 1914 874 33
45 Bonds paid 57000 book 55625 mar
ket 53510 total 2115 00
Total 134 C6
46 Admitted assets 9032733 66
VLiabilities Surplus and Other Bunds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
1 Actuaries tables at 4 per cent on all poli
cies dated prior to 1901 and on all policies
bearing number below 24000 and dated
prior to 1906 1858695 00
Same for reversionary additions 853 00
2 American experience table at 3 per cent on
all participating life and endowment pol
icies bearing number above 24000 and
below 250000 except limited payment
life guaranteed paid up addition policies 1153694 00
Same for reversionary additions 2813 00
3 American experience table at 3 per cent
on all policies dated 1901 and after ex
cept as noted above 3922640 00
Same for reversionary additions 2123 00
5 Net present value of annuities
McClintoeks annuitant table at 3 percent 16885 00
Actuaries table at 4 per cent 17 35
American experience table at 3 per cent 1185 50
American experience table at 3 per cent 3465 06
Totaj 6962370 91
6 Deduct net value of risks of this company
reinsured in other solvent companies 18414 00
Balance 6943956 91
7 Extra reserve for total and permanent dis
ability benefits 1080086 and for ad
ditional accidental death benefits 1
10661 included in life policies 11907 47
8 Net reserve 6955864 38634
ComptrollerGenerals Beport
9 Present value of amounts not yet due on supplementary eon
tracts not involving life contingencies
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded
12 Claims for death losses in process of ad
justment or adjusted and not due
13 Claims for death losses reported for which
no proofs have been received
Reserve for net death losses incurred but un
reported
Claims for matured endowments due and un
paid
Claims for death losses and other policy
claims resisted by the company
17 Claims for total and permanent disability
benefits
23569 09
3357 65
14
15
16
14570 85
17384 00
2000 00
2100 00
3500 00
1000 00
19
21
22
23
24
25
27
28
29
33
34
35
36
38
3D
40
47
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 due to agents on premium notes when paid
Commissions to agents due or accrued
Salaries rents office expenses bills and accounts due or
accrued
Medical examiners fees due or accrued
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 polieyholders including those
contingent on payment of outstanding and deferred pre
miums
Dividends declared mi or apportioned to annual dividend
policies payable to polieyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
Dividends declared on or apportioned to deferred dividend
policies payable to polieyholders during 1914
Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend pedicles not included in item 35
Trust fund and trust fund dividend policies
For occupat ions extra premiums
l pit ill stock
Onassigned funds surplus
40554 85
11510 82
17049 41
30271 21
1150 10
8347 70
6701 99
4710 HO
44243 40
21129 70
31378 7
71854 65
282907 44
3020 92
1235 84
1000000 10
473513 72
48 Total
9032730 00COMPTROLLERGrENERAL S REPORT 635
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in force De
cember 31 of previous year 675319 00
17a Policies on the lives of citizens of said State issued by re
insurance 585849 00
18 Policies on the lives of citizens of said State issued during
the year 246332 00
19 Total 1507500 00
20 Deduct ceased to be in force during the year 291931 00
21 Policies in force December 31 1215569 00
22 Losses and claims unpaid December 31 of previous year 1000 00
23 Losses and claims incurring during year 10183 00
24 Total 11183 00
25 Losses and claims settled during the year in cash 11169 00
26 Losses and claims unpaid December 31 14 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 43079 32
MUTUAL BENEFIT LIFE INSURANCE COMPANY
Frederick Frelinghuysen President J William Johnson Secretary
Robert L Foreman Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year151670172 75
4 Extended at151670175 75
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 2625552 03
6 Surrender values applied to pay first years
premiums 15005 22
7 Total first years premiums on original poli
cies 2640557 25
8 Dividends applied to purchase paidup addi
tions and annuities 526782 98636 ComptrollerGenerals Report
9 Surrener values applied to purchase paidup
insurance and annuities 534 00
10 Consideration for original annuities involv
ing life contingencies 31824 00
1 2 Total new premiums 3199698 2
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses 16975462 07
14 Dividends applied to pay renewal premiums 3119344 38
15 Dividends applied to shorten the endowment
or premiumpaying period 595479 84
16 Surrender values applied to pay renewal
premiums 26557 01
17 Renewal premiums for deferred annuities 19028 84
18 Total renewal premiums 20736773 14
20 Total premium income 23936471 37
21 Consideration for supplementary contracts not involving
life contingencies 658960 94
24 Gross interest on mortgage loans 3883736 39
25 Gross interest on collateral loans 90142 47
26 Gross interest on bonds and dividends on
stocks less 1868863 accrued interest
on bonds acquired during 1913 1874732 01
27 Gross interest on premium notes policy
loans or liens 1662053 61
28 Gross interest on deposits in trust compa
nies and banks 33462 27
30 Agents accounts 770 72
32 Gross discount on claims paid i advance 61 83
33 Gross rent from companys property 99386 92
34 Total gross interest and rents 76 14346 22
38 Withheld income taxes 41 67
39 Net amount recovered on account of defaulted Colorado
State warrants 26150 95
40 Recovered from trustee in bankruptcy 883 00
42 Gross profit on sale or maturiay of ledger assets viz Real
estate 84807 bonds 159704 total 2145 71
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds t 8 325 00
44 Total income 5 32287 92 I 86
IIIDisbursements
1 For death claims 668446128 additions
15494754 total 6823408 82ComptrollerGenerals Report
2 For matured endowments 162787912 ad
637
ditions 13669488 total
1764574 00
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums 1500522
to pay renewal premiums 2655701 total
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
12 Dividends applied to shorten the endowment or premium
paying period
13 Dividends applied to purchase paidup additions and an
nuities
15 Total paid policyholders i
16 Expense of investigation and settlement of policy claims
including 126215 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
20 Commissions to agents less commission on reinsurance
First years premiums 112627106 renewal premiums
128207099 annuities original 147128 renewal
41184 total
21 Commuted renewal commissions
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance
23v Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Agency expenses including salaries of managers and clerks
not included in item 22
25 Medical examiners fees 19246000 inspection of risks
953115 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent
28 Advertising 2401006 printing and stationery 2739573
postage telegraph telephone and express 5410928
total
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
159146 46
6343 87
3461569 24
41562 23
534 00
600003 45
3119344 38
595479 84
526782 98
67098749 27
1319 81
330803 12
2410225 17
23698 25
287 81
50912 94
19887 12
201991 15
455260 55
82264 06
105515 07
38863 52
2238 23
32238 60
70190 96
275026 46638 ComptrollerGenerals Keport
34 Insurance department licenses and fees 19991 14
36 Federal corporation tax 12372 31
37 State county and municipal taxes 184560 58
38 County and municipal licenses 7714 11
40 Mortgage loan expense 31459 07
41 Heat and light 1255036 restaurant 2099191 total 33542 27
42 Laundry and extra janitor service 214548 home office
supplies 1390507 total 1605055
43 Home office repairs 122645 inspection and detective
service 123950 total 2465 95
44 Special street lighting assessment 14376 petty cash
75519 total 898 95
45 Miscellaneous 1999 17
47 Gross loss on sale or maturity of ledger assets viz Real
estate 2500 00
48 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 8358614 bonds 8185625
total 165442 39
49 Total disbursements 216784438 58
IVLedger Assets
1 Book value of real estate 3184836 30
2 Mortgage loans on real estate first liens 80379853 15
3 Loans secured by pledge of bonds stocks or
other collateral 3250000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral or
secured by terms of policies 24574735 10
5 Premium notes on policies in force of which
300154 is for first years premiums 6085783 33
6 Book value of bonds 43357340 71
7 ash in companys office 3 904 10
8 Deposits in trust companies and banks not
ii interest 109813 77
9 Deposits in trust companies and banks on
interest 1321434 04
in Agents balances debit 1740311 credit
547158 net 1931 53
12 Total ledger assets 162279632 03
NonLedger Assets
13 nteresl due 1370102 and accrued 1
850S3217 on mortgages 1864534 09
14 Interest accrued on bonds 660779 42ComptrollerGenerals Report
639
16 Interest due 13385742 and accrued 737
19388 on premium notes policy loans or
liens
871051 30
21 Total interest and rents due and accrued 3396364 81
ISTew Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 36518 93 946672 92
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance premiums 239627 67 1468899 69
27 Totals 276146 60 241557161
28 Deduct loading 20 per cent 55229 32 483114 52
29 Net amount of uncollected
and deferred premiums 220917 28 1932458 09 2153375 37
35 Gross assets 167829372 21
Deduct Assets Not Admitted
38 Agents debit balances gross 17403 11
43 Book value of ledger assets over market
value viz Bonds 1669724 99
Total 1687128 10
46 Admitted assets 166142244 11
VLiabilities Surplus and Other Funds
Net present value of all outstanding policies in force on the
31st day of December 1913 as computed by the New Jer
sey Department on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on participat
ing policies issued prior to January 1
19001 including special allowance for
surrender values guaranteed by the com
pany on the American 3 per cent basis 60380932 00
Same for reversionary additions 4014131 00
Total 64395063 00640
ComptrollerGenerals Beport
2 American experience table at 3 per cent on
all policies issued since December 1 1899
and on all nonparticipating policies 83318440 00
Same for reversionary additions 1321270 00
Total 84639710 00
5 Net present value of annuities McClintock 3 per cent 1988304 00
Total 151023077 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
company 2554118 01
12 Claims for death losses in process of ad
justment or adjusted and not due 146744 35
13 Claims for death losses reported for which
no proofs have been received 148441 00
14 Reserve for net death losses incurred but un
reported estimated 251559 00
15 Claims for matured endowments due and
unpaid 69482 00
16 Claims for death losses and other policy
claims resisted by the company 30048 60
19
23
25
26
28
29
33
34
Total policy claims
Premiums paid in advance including surrender values so
applied
Unearned interest and rent paid in advance
Commissions to agents due or accrued
Cost of collection on uncollected and deferred premiums
in excess of the loading thereon
Salaries rents office expenses bills and accounts due or
accrued estimated
Medicd examiners fees due or accrued
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 deferred pre
miums
Dividends declared on or apportioned to annual dividend pol
icies payable to policyholders during 1914 whether con
tingent upon the payment of renewal premiums or
otherwise regular dividends 430894777 special divi
dends 8617S9511
Reserve special or surplus funds not included above Con
tingency reserve funds suspended mortality fund 3762
33200 dividend equalization fund 12567009 security
646274 95
78997 01
2135 77
13581 85
02547 20
50000 00
15827 00
526000 00
556242 88
5170737 32OomptrollebGeneeals Eepoet 641
fluctuation and real estate depreciation fund 1554
66136 total 5442663 45
41 All other liabilities Withheld income taxes 41 67
48 Total 166142244 11
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 7934 16585687 00
18 Policies on the lives of citizens of said State is
sued during the year 1394 2760216 00
19 Total 9328 19345903 00
20 Deduct ceased to be in force during the year 561 1115141 00
21 Policies in force December 31 8767 18230762 00
22 Losses and claims unpaid December 31 of pre
vious year 2 16500 00
23 Losses and claims incurred during year 79 164037 00
24 Total 81 180537 00
25 Losses and claims settled during the year in cash
16896300 by compromise 1157400 total 81 180537 00
THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Home Office 34 Nassau Street New York City N Y
Charles A Peabody President W J Easton W F Dix Secys
Eobert P Shedden Atlanta Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous year 584254631 06
4 Extended at584254631 06
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 3030682 for first
years reinsurance 5844902 18642 ComptrollerGenerals Report
6 Surrender values applied to pay first year s
premiums 4416 02
7 Total first years premiums on original
policies 5889067 80
8 Dividends applied to purchase paid up ad
ditions and annuities 2379790 32
10 Consideration for original annuities n
volvng life contingencies 486698 12
11 Consideration for supplementary contracts
involving life contingencies 931250 36
12 Total new premiums 96S6806 60
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
10949871 for reinsurance on renewals 44195164 55
14 Dividends applied to pay renewal prem
iums 3611429 60
16 Surrender values applied to pay renewal
premiums 438785 89
17 Renewal premiums for deferred annuities 11609 56
18 Total renewal premiums 48256989 60
19 Extra premiums for total and permanent disability bene
fits 10253 86
20 Total premium income 57954050 06
21 Consideration for supplementary contracts not involving
life contingencies 435496 11
22 Dividends left with the company to accumulate at in
terest 96779 91
24 Gross interest on mortgage loans 6530969 60
25 Cross interest on collateral loans 15000 00
26 Gross interest on bonds and dividends on
stocks less 19302959 accrued interest
on bonds acquired during 1913 14890697 60
27 Gross interest on premium notes policy
loans or liens 4278552 75
28 Gross interest on deposits in trust com
panies and banks 135889 42
29 Gross interest on other debts due the com
pany Interest on deferred premiums
overdue premiums and interest 124265 20
Interest on real estate contracts 4646 13ComptrollerGexerals Report
043
33 Gross rents from companys property in
cluding 33190220 for companys occu
pancy of its own buildings 1495905 15
34 Total gross interest and rents 27475925 85
35 From other sources Stamp tax collections 816280
cash over 1782 policy fees 267310 premium ex
tension fee 3691588 collection or deposits received
for account of others riot paid out 12363473 171404 33
40 Deposits on act of pending insurance 24880 50
41 From agents balances previously charged off 9285 57
42 Gross profit on sale or maturity of ledger assets viz
Eeal estate 1589250 bonds 20163922 stocks
49356 19 total 266887 91
43 Gross increase by adjustment in book value of ledger
assets viz Bonds 314780 19
44 Total income 86749490 43
IIIDisbursements
1 For death claims 2222896450 additions
110380428 total 23332769 28
2 For matured endowments 737676837 ad
ditions 3510400 total 7411872 37
4 Xet amounts paid for losses and matured endowments 30744641 65
5 For annuities involving life contingencies 2705627 33
7 Surrender values paid in cash or applied in liquidation
of loans or notes 12246062 87
8 Surrender values applied to pay new premiums 44
16562 to pay renewal premiums 43878589 482951 51
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 11113730 66
11 Dividends applied to pay renewal premiums 3611429 60
13 Dividends applied to purchase paid up additions and an
nuities 2379790 32
14 Dividends left with the Company to accumulate at in
terest 96779 91
15 Total paid policyholders 63381013 85
16 Expense of investigation and settlement of policy claims
including 3864761 for legal expense 51451 66
17 Paid for claims on supplementary contracts not involving
life contingencies 351058 53
18 Dividends and interest thereon held on deposit surrendered
during the year 25920 13644
CompteolleeGenebals Eepoet
20 Commissions to agents less commission on reinsurance
First years premiums 258147895 renewal prem
iums 154093068 annuities original 2257777
renewal 9630 total 4145083 70
22 Compensation of managers and agents not paid by com
mission for service in obtaining new insurance 217861 91
23 Agency supervision and traveling expenses of supervis
ors except compensation for home office supervision 760126 82
24 Branch office expenses including salaries of managers
and clerks not included in item 22 832505 79
25 Medical examiners fees 37550489 inspection of risks
7072340 446228 29
26 Salaries and all other compensation of officers directors
trustees and home office employees 1403314 34
27 Eent including 33190220 for companys occupancy of
its own buildings less 240707 received under sub
lease 542057 90
28 Advertising 5965963 printing and stationery 162
24708 postage telegraph telephone and express
22818797 exchange 809751 458192 19
29 Legal expense not included in item 16 1894019 legis
lative 1778951 36729 70
30 Furniture fixtures and safes including repair and
maintenance 59282 30
31 Repairs and expenses other than taxes on real estate 462697 81
32 Taxes on real estate 365840 75
33 State taxes on premiums 695151 92
34 Insurance department licenses and fees 31629 64
35 All otheT licenses fees and taxes Federal corporation
tax 12733511 mtg tax 6000 local tax on prem
iums 549665 personal property school levee and pub
lication tax in IT S 154895 stock transfer tax
11002 foreign taxes other than on premiums 24
1H028 foreign tax on interest 202598 duty 1
45535 162132 34
39 Other disbursements Other investment expenses 5
86900 traveling general officers employees 9974077
law library 324936 cost of election anl election lists
2363757 general audits 790801 office supplies and
expenses home office 1203585 list of state examina
tions 587715 reports to governments 280121
association membership 1111563 172234 55
Loss on account of banTr suspension 21
45 Disbursed from amounts held for ac Sundry parties 24790 13
46 Agents balances charged off 44097 87
47 Gross loss on sale or maturity of ledger assets viz
Real estate 72000 bonds 6263861 63358 61
ComptrollerGenerals Report 645
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 123762 79
49 Total disbursements 74856679 73
IVLedger Assets
1 Book value of real estate 23548626 96
2 Mortgage loans on real estate il33873225 46
3 Loans secured by pledge of bonds stocks
or other collateral 1000000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 88184039 49
6 Book value of bonds 31891244748 and
stocks 2773490161 346647349 09
7 Cash in companys office 3994977
Cash in transit since received 63000 00
8 Deposits in trust companies and banks not
on interest 242581 44
9 Deposits in trust companies and banks on
interest 1899742 02
Advanced or deposited to pay policy claims 528413 45
10 Agents balances debit 37108 28
11 Accounts collectible 4094794 supplies
2872891 69676 85
lli Cash advanced to or in the hands of
officers and employees 13728 95
12 Total ledger assets 596147441 76
NonLedger Assets
13 Interest due 3586918 and accrued 1
76657809 on mortgages 1802447 27
14 Interest due 19431 and accrued 4668
05963 on bonds 4668253 94
15 Interest accrued en collateral loans 8611 11
16 Interest accrued on premium notes policy
loans or liens 144955 64
17 Interest on other assets Accrued on de
posits 9911 30
19 Interest accrued on contracts 435 05
20 Bents due 442341 and accrued 104
96885 on companys property or lease 149199 29
21 Total interest and rents due and accrued 6783813 60
23 Market value not including interest in Item 14 of
bonds and stocks over book value 28321 50646
ComptrollerGenerals Keport
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less re
insurance premiums 3135519 40
26 Gross deferred premiums on policies in
force Dee 31 1913 less reinsurance
premiums
27 Totals 5699975 27
28 Deduct loading 1481993 55
29 Net amount of uncollected and deferred premiums 4217981 72
35 Gross assets607177558 58
Deduct Assets Not Admitted

37 Supplies stationery printed matter 28728 91
38 Agents debit balances gross 37108 28
39 Cash advanced to or in the hands of offi
cers or agents 13728 93
43 Book value of ledger assets over market
value viz Accounts collectable 40947 94
45 Total
120514 OS
46 Admitted assets 607057044 50
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the
Insurance Dept of N Y on the following tables of
mortality and rates of interest viz
2 American Experience table at 3 per cent
on policies issued prior to Jan 1 1907405620185 00
Same for reversionary additions 8264581 00
3 American Experience table at 3 per cent
on policies issued after Dec 31 1906 42516005 00
Same for reversionary additions 8523791 00
5 Net present value of annuities including
those in reduction of premiums
McClintock Annuity table at 3i per cent
on annuities issued prior to Jan 1st
1907 18763351 00
3 per cent on annuities issued after Dec
31st 1906 9988396 00ComptrollerGenerals Eeport 647
American Experience table at 3 per cent
1554 at 3 per cent 7710 on dividend
additions to survivorship annuities 3264 00
Total493079573 00
6 Deduct net value or risks of this company
reinsured in other solvent companies 41197 00
49303S376 00
7 Extra reserve for total and permanent dis
ability benefits 5190 00
8 Net reserve493043566 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 3546255 94
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 113424 92
11 Claims for death losses due and unpaid 364910 10
12 Claims for death losses in process of ad
justment or adjusted and not due 445742 67
13 Claims for death losses reported for which
no proofs have been received 1764549 87
14 Keserve for net death losses incurred but
unreported 250000 00
15 Claims for matured endowments due and
unpaid 244204 26
16 Claims for death losses and other policy
claims resisted by the company 935862 37
18 Due and unpaid on annuity claims involv
ing life contingencies 140769 66
19 Total policy claims 4146038 93
20 Due and unpaid on supplementary contracts not involving
life contingencies 2625 84
21 Dividends left with the company to accumulate at inter
est and accrued interest thereon 297J945 87
22 Premiums paid in advance including surrender values so
applied 298543 01
23 Unearned interest and rent paid in advance 1662806 66
25 Commissions to agents due or accrued 31907 19
27 Salaries rents office expenses bills and accounts due or
accrued 22648 27
28 Medical examiners fees 332107 and legal fees 5080
or accrued 3371 87
Taxes due and accrued 90778 61648 ComptrollerGenerals Eepoet
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 656725 S7
33 Dividends or other profits due policyholders including
thoe contingent on payment of outstanding and de
ferred premiums 3038017 Tl
34 Dividends declared on or apportioned to annual diilnd
policies payable to policyholders during Vi14 whether
contingent upon tha payment of renewal premiums or
otherwise 6555608 03
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 11522932 85
30 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 35 72655877 60
37 Reserve special or surplus funds not included above
39 Fund for depreciation of securities and general con
tingencies 10967506 22
42 Deposits on account of pending insurance 105216 49
43 Due sundry parties for collection on deposits held for
their account 295246 51
48 Total607057044 50
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 year13040 28267613 20
18 Policies on the lives of citizens of said state
issued during the year 1420 3473430 80
19 Total 14460 31741044 00
20 Deduct ceased to be in force during the year 1023 2396588 80
21 Policies in force Dec 31 191313437 29344455 20
22 Losses and claims unpaid Dec 31 of previous year 9 12708 43
23 Losses and claims incurred during year204 576141 43
25 Losses and claims settled during the year in cash 200 550924 00
26 Losses and claims unpaid Dec 1913 13 37925 00
26 Losses on claims unpaid Dec 31 1913 13 37921 4
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 1002798 52ComptkolleeGenerals Beport
649

THE NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY
Home Office Nashville Tenn
C A Craig President C B Clement Secretary
G C Lynch 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 previous year 882124 27
4 Extended at
882124 27
IIIncome
5 First years premiums on original policies without deduction
for commissions or other expenses 56 274 22
18 Total renewal premiums 2 767 777 77
20 Total premium income 2 824 051 99
24 Gross interest on mortgage loans less
50215 accrued interest on mortgages ac
quired during 1913
25 Gross interest on collateral loans
26 Gross interest on bonds and dividends on
stocks less 3750 accrued interest on
bonds acquired during 1913
28 Gross interest on deposits in trust companies
and banks
33 Gross rent from companys property in
cluding 5000 for companys occupancy
of its own buildings
35369 18
4363 53
4393 84
603 94
5000 00
34 Total gross interest and rents
37 Agency contract
38 Deposit by agents for bond
41 From agents balances previously charged off
42 Gross profit on sale or maturity of ledger assets siz Bonds
49730 49
3377 92
7995 98
54 38
180 00
44 Total income 2885390 7C
IIIDisbursements
1 For death claims 203 634 12
2 For disability claim 856125 76
15 Total paid policyholders 059 759 gg650
ComptrollerGenerals Eeport
16 Expense of investigation and settlement of policy claim
including legal expense 1709 79
19 Paid stockholders for interest or dividends 50000 00
20 Commissions to agents less commission on reinsurance 957881 59
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 19487 10
24 Branch office expenses including salaries of managers and
clerks not included in item 22 346985 03
25 Medical examiners fees 2103 00
26 Salaries and all other compensation of officers directors
trustees and home office employees 67964 14
27 Eent including 5000 for company s occupancy of its own
buildings 30956 28
28 Advertising 686323 printing and stationery 1640532
postage telegraph telephone and express 1080791 ex
change 6712 total 34143 58
29 Legal expense not included in item 16 702 43
30 Furniture fixtures and safes 8451 81
31 Repairs and expenses other than taxes on real estate 797 74
32 Taxes on real estate and personalty 6596 10
33 State taxes on premiums 28171 38
34 Insurance department licenses and fees 1310 45
36 Federal corporation tax 1316 2
38 Municipal tax 3372 51
41 Purchase account life business 17067 26
42 Interest agents bonds 123 38
43 General expenses 6731 80
44 Stock and carriage and security bond 2545 01
46 Agents balances charged off 307 87
47 Gross loss on sale or maturity of ledger assets viz Bonds 9 02
48 Gross decrease by adjustment in book value of ledger as
sets viz Real estate loans 325 00
49 Total disbursements 2648818 44
IVLedger Assets
1 Book value of real estate 71326 59
2 Mortgage loans on real estate 745790 43
3 Loans secured by pledge of bonds stocks or
other collateral 103360 00
6 Book value of bonds 9227486 and stocks
1000 total 93274 86
7 Cash in company s offices 10285 78
8 Deposits in trust companies and banks not
on interest 7S225 13
9 Deposits in trust companies and banks
on interest 13129 23ComptrollerGenerals Eeport
651
10 Bills receivable 300 agents balances
debit 317509 credit 217052 net
100457 total
11 Stock and carriage
1304 57
2000 00
12 Total ledger assets 1118696 59
NonLedger Assets
13 Interest due 94186 and accrued 10
55943 on mortgages 11501 19
14 Interest accrued on bonds 354 17
15 Interest due 1080 and accrued 57434
on collateral loans 584 14
21 Total interest and rents due and accrued
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 34056 31
28 Deduct loading 13644 62
29 Net amount of uneollected and deferred premiums
35 Gross assets
12440 50
20411 69
1151548 78
Deduct Assets Not Admitted
37 Stocks and carriage
38 Agents debit balances gross
40 Bills receivable
44 Stock
45 Bond
2000 00
3175 09
300 00
650 00
3684 86
46 Admitted assets l 141 738 83
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the Ten
nessee Insurance Department on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent
2 American experience table at 4 per cent
Total
7 Extra reserve for total and permanent disability benefits
8 Net reserve
12 Claims for death losses in process of ad
justment or adjusted and not due
3368 39
348393 34
30795 92
379189 26
28229 42
407418 68652 ComptrollerGenerals Report
33 Claims for losses in processes of adjustment
accident department 2M1 95
16 Claims for death losses and other policy
claims resisted by accident department 2546 24
19 Total policy claims 8156 58
22 Premiums paid in advance including surrender values so
applied 67133 06
25 Commissions to agents due or accrued 27487 42
27 Salaries rents office expenses bills and accounts due or ac
crued 4923 05
28 Legal fees due or accrued 114 00
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 32677 46
38 Special disability reserve 29154 78
39 Contingent reserve 150000 00
43 Deposits by agents for bond 25965 65
44 Interest agents for bond 520 00
46 Capital stock 200000 00
47 TJnassigned funds surplus 188188 15
48 Total 1141738 83
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 4181 176438 00
18 Policies on the lives of citizens of said State is
sued during the year 9481 439918 00
19 Total 13662 616356 00
20 Deduct ceased to be in force during the year 6714 293969 00
21 Policies in force December 31 6948 322387 00
22 Losses and claims unpaid December 31 of pre
vious year 4 52 50
23 Losses and claims incurred during year 3608 14013 17
24 Total 3612 14065 67
25 Losses and claims settled during the year 3610 13984 57
26 Losses and claims unpaid December 31 2 81 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 4379S 20ComptrollerGenerals Beport
653

NATIONAL LIFE INSURANCE COMPANY
Joseph A DeBoer President Osman D Clark Secretary
Geo M Hope Co Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous year 54261620 53
4 Extended at 54261620 53
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 651480 36
6 urrender values applied to pay first
years premiums 347 05
7 Total first years premiums on original
policies 651827 41
8 Dividends applied to purchase paid up ad
ditions and annuities 42163 12
10 Consideration for original annuities involv
ing life contingencies 497067 18
11 Consideration for supplementary contracts
involving life contingencies 11817 87
12 Total new premiums 1202875 58
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses 5191629 73
14 Dividends applied to pay renewal prem
iums 486132 57
15 Dividends applied to shorten the endow
ment or premium paying period 10595 87
16 Surrender values applied to pay renewal
premiums 257 55
17 Renewal premiums for deferrel annuities 1707 35
18 Total renewal premiums 5690323 07
20 Total premium income 6893198 65
21 Consideration for supplementary contracts not involving
life contingencies 41525 96
22 Dividends left with the company to accumulate at in
terest 481 10 654 ComptrollerGenerals 24 Gross interest on mortgage loans less 2504821 accrued interest on mortgages acquired during 1913 Report 1377504 66 802962 44 518586 16 17625 83 5802 64 3739 90 357 66 24504 47 2751083 392 294 9375 2022 76 33 14 35 50
26 Gross interest on bonds and dividends on stocks less 506472 accrued interest on bonds acquired during 1913
27 Gross interest on premium notes policy loans or liens
28 Gross interest on deposits in trust com29 Gross interest on other debts due the company Gross interest on premiums 31 Gross interest on nonledger assets 32 Gross discount on claims paid in advance 33 Gross rent from companys property including 1000000 for companys occu


38 Recovered on policy loan previously charged 39 Eecovered premium tendered on contested 221707 Heilig off claim No
41 From agents balances previously charged off 42 Gross profits on sale or maturity of ledger Heal estate 173750 Bonds 28500 assets viz
43 Gross increase by adjustment in book value of ledger
assets viz Bonds
2765 75
44 Total income 9701139 54
IIIDisbursements
1 For death claims 164748047 additions
367761 total 1651158 08
2 For matured endowments 75494000 ad
ditions 108748 756027 48
4 Net amounts paid for losses and matured endowments 2407185 56
5 For annuities involving life contingencies 519623 00
7 Surrender values paid in cash or applied in liquidation of
loans or notes 1232852 90
8 Surrender values applied to pay new premiums 34705
to pay renewal premiums 25755 604 60
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 495796 03
11 Dividends applied to pay renewal premiums 486132 57
12 Dividends applied to shorten the endowment or premium
paying period 10595 87ComptrollerGenerals Eeport
655
13 Dividends applied to purchase paid up additions and
annuities 42163 12
14 Dividends left with the company to accumulate at interest 481 10
15 Total paid policyholders 5195434 75
16 Kxpense of investigation and settlement of policy claims
including 247067 for legal expense 2544 77
17 Paid for claims on supplementary contracts not involv
ing life Contingencies 19254 35
18 Dividends and interest thereon held on deposit surrender
ed during the year 160 86
20 Commissions to agents less commission on reinsurance
First years premiums 30028079 re
newal premiums 38576411 annuities original 24
85279 renewal 6623 710963 92
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 1233 00
23 Agency supervision for home office supervision 17807 41
24 Branch office expenses including salaries of managers
and clarks not included in item 22 89018 58
25 Medical examiners fees 5124900 inspection of risks
654898 57797 98
26 Salaries and all other compensation of officers directors
trustees and home office employees 182622 19
27 Rent including 1000000 for companys occupancy of
its own buildings 54651 23
28 Advertising 1939890 printing and stationery 20
74849 postage telegraph telephone and express
2597079 exchange 82208 66940 26
29 Legal expense not included in item 16 410 70
30 Furniture fixtures and safes 6955 42
31 Repairs and expenses other than taxes on real estate 6266 33
32 Taxes on real estate 4859 88
33 State taxes on premiums 113575 88
34 Insurance department licenses and fees 6700 93
35 All other licenses fees and taxes Federal corporation
tax 12820 15
37 Surplus tax 66096 48
38 Municipal licenses 203953 personal property tax
10075 total 2140 28
39 Other disbursements Home office supplies 16568 68
41 Home office travel 603 15
42 Investment expense 44578 96
46 Agents balances charged off 3358 13
47 Gross loss on sale or maturity of ledger assets viz
Bonds 17150656
ComptrollerGenerals Eeport
48
49
9
10
12
13
14
16
17
18
20
Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 8500 00
Bonds 9900 87
Total disbursements 6701936 64
IVLedger Assets
Book value of real estate 240000 00
Mortgage loans on real estate 28038775 90
Loans made to policyholders on this com
panys policies assigned as collateral 7555336 70
Premium notes on policies in force 1984742 77
Book value of bonds 18799779 96
Cash in companys office 768 74
Deposits in trust companies and banks not
on interest 32500 00
Deposits in trust companies and banks on
interest 603267 57
Agents balances debit 573065 credit
7886 net 565179 5651 79
Total ledger assets 57260823 43
NonLedger Assets
Interest due 387375 and accrued 738
01847 on mortgages 741892 22
Interest due 3600 and accrued 286
30659 on bonds 286342 59
Interest due 4536934 and accrued 263
69740 on premium notes policy loans
or liens 309066 74
Interest accrued 122004 on other assets 1220 04
Interest due 13573 on premiums 135 73
Rents accrued on Companys property or
lease 295 87
21 Total interest and rents due and accrued 1338953 19
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less re
insurance premiums 446540 99
26 Gross deferred premiums on policiesc in
force Dec 31 1913 less reinsurance
premiums 566640 23
27 Totals 1013181 22
28 Deduct loading 222338 12
29 Net amount of uncollected and deferred premiums 790843 10
35 Gross assets 59390619 72ComptrollerGenerals Report 657
Deduct Assets Not Admitted
38 Agents debit balances gross 5730 65
41 Premium notes and loans on policies and
net value of their policies 175 00
43 Book value of ledger assets over market
value viz Bonds 442730 00
46 Admitted assets 58941984 07
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
Actuary on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on all busi
ness in force issued prior to January 1
1901 24273279 00
Same for reversionary additions 99233 00
2 American Experience table at 3 per cent
on all business in force issued subse
quent to Jan 1 1901 20028164 00
Same for reversionary additions 123683 00
5 Net present value of annuities including
those in reduction of premiums
McGlintons Annuitants tables with in
terest at 3 per cent and American 3
per cent on insurance features of an
nuities with reversion 5083203 00
8 Net reserve 49608562 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
companys actuary 216294 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 3917 49
12 Claims for death losses in process of ad
justment or adjusted and not due 9505 00
13 Claims for death losses reported for which
no proofs have been received 118806 00
14 BeseTve for net death losses incurred but
15 Beserve for net death losses incurred but
unreported 50000 00
15 Claims for matured endowments due and
unpaid 3275 00658
ComptrollerGenerals Report
16 Claims for death losses and other policy
claims resisted by the company 15112 00
18 Due and unpaid on annuity claims involv
ing life contingencies 19127 23
19 Total policy claims 215825 23
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 903 30
22 Premiums paid in advance including surrender values
so applied 10071 49
23 Unearned interest and rent paid in advance 1167 24
25 Commission to agents due or accrued 119 81
26 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 18939 88
27 Salaries rents office expenses bills and accounts due or
accrued 25000 00
28 Medical examiners fees 40000 and legal fees 170000
due or accrued 2100 00
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 171735 49
33 Dividends or profits due policyholders including those
contingent on payment of outstanding and deferred
premiums 54005 82
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 701776 21
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 491938 64
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35 4486998 96
37 Reserve special or surplus funds not included above
38 Life Rate endowment extra reserve 165349 21
39 Surplus set apart for payment at termination of insurance 10591 91
42 Real estate taxes accrued 1761 77
47 Unassigned funds surplus 2754925 62
48 Total 58941984 07
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 7063424 32ComptrollerGenerals Report 659
18 Policies on the lives of citizens of said state issued dur
ing the year 1842026 81
19 Total 8905451 13
20 Deduct ceased to be in foree during the year 1209688 05
21 Policies in force during the year 7695763 08
22 Losses and claims unpaid Dec 31 of previous year 11000 00
23 Losses and claims incurred during year 57007 00
24 Total 68007 00
25 Losses and claims settled during the year in cash 62000 00
26 Losses and claims unpaid December 31 6007 00
28 Premiums collected or secured in cash and notes or credits
without any deduction for losses Dividends commis
sions or other expenses 218528 09

NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES
OF AMERICA
A M Johnson President Robert D Lay Secretary
Wm 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
Dec 31 of previous year 11230526 48
4 Extended at 11230526 48
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 795599 for first
years reinsurance 409640 95
8 Dividends applied to purchase paidup ad
ditions and annuities 4854 34
9 Surrender values applied to purchase paid
up insurance and annuities 41011 26
12 Total new premiums 455506 55660 ComptbollekGeneeaIis Bepoet
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 19
55503 for reinsurance on renewals 2136146 61
14 Dividends applied to pay renewal prem
iums 55466 90
18 Total renewal premiums 2191613 51
19 Extra premiums for total and permanent disability bene
fits 441 68
20 Total premium income 2647561 74
21 Consideration for supplementary contracts not involving
life contingencies 2S098 95
24 Gross interest on mortgage loans 190116 90
25 Gross interest on collateral loans 4559 13
26 Gross interest on bonds and dividends on
stocks less 26888 accrued interest on
bonds acquired during 1913 238465 71
27 Gross interest on premium notes policy
loans or liens 132475 65
28 Gross interest on deposits in trust com
panies and banks 17 H9 85
29 Gross interest on other debts due the com
pany 1692 76
33 Gross rent from companys property in
cluding 42000 for companys occupancy
of its own buildings 27229 74
34 Total gross interest and rents 612009 74
35 From other sources Profit and loss 472 92
41 From agents balances previously charged off 1693 49
42 Gross profit on sale or maturity of ledger assets viz
Bonds 2168 75
43 Gross increase by adjustment in book value of ledger
assets viz Real estate 26638 28
I I Total income life department 3318 643 87
45 Income casualty department 819634 20
46 Total income 4138278 16
IIIDisbursements
1 For death claims 74920231 additions
8965 60 total 758167 91
2 For matured endowments 625088 00
4 Net amounts paid for losses and matured endowments 1383255 91COMPTROLLERGENEKAlis EEPOET
661
5 Far annuities involving life contingencies 22022 7
6 Premium notes and liens voided by lapse
less 104889 restorations 6180 25
7 Surrender values paid in cash or applied in liquidation
of loans or notes 463678 21
9 Surrender values applied to purchase paidup insurance
and annuities 41011 6
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 98llo ol
11 Dividends applied to pay renewal premiums 55466 90
13 Dividends applied to purchase paid up additions and an
nuities 4854 34
15 Total paid policyholders 2074585 15
10 Expense of investigation and settlement of policy claims
including 69290 for legal expense 1199 90
17 Paid for claims on supplementary contracts not involv
ing life contingencies 25011 49
19 Paid stockholders for interest or dividends 50000 00
20 Commissions to agents less commission on reinsurance
First years premiums 27541813 renewal premiums
11809802 total 393516 15
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 20833 79
23 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 5455 22
24 Branch office expenses including salaries of managers
and clerks not included in item 22 2559 4i
25 Medical examiners fees 2856055 inspection of risks
453372 total Mfidi 27
26 Salaries and all other compensation of officers directors
trustees and home office employees 165218 JS
27 Rent including 42000 for companys occupancy of its
own buildings 25W9 96
28 Advertising 579711 printing and stationery 12
39505 postage telegraph telephone and express 8
14728 exchange 125683 total 27596 27
29 Legal expense not included in item 16 7513 81
30 Furniture fixtures and safes 1 73 S4
31 Repairs and expenses other than taxes on real estate 13848 32
32 Taxes on real estate 4403 44
33 State taxes on premiums 36513 o3
34 Insurance department licenses and fees 5773 85
35 All other licenses fees and taxes Publication of annual
statements 690 38
38 All other i046 7562 ComptrollerGenerals Eeport
39 Other disbursements Investment expense 734406
taxes on personal property 146668 association of life
insurance presidents 94672 Association of Legal
Reserve Life Ins Companies of Illinois 89236 mis
cellaneous expense 616888 profit and loss including
1489600 certificates of deposit charged off 15
43147 total 32 ojq 17
46 Agents balances charged off 15351 67
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 25 530 00
Stocks 54557 50
49 Total disbursements life department 3 058 659 31
50 Disbursements casualty department 783o01 23
51 Total disbursements 3jS41660 54
IVLedger Assets
1 Book value of real estate 255 638 09
2 Mortgage loans on real estate first liens 3157041 80
3 Loans secured by pledge of bonds stocks
or other collateral go 345 4
4 Loans made to policyholders on this com
panys policies assigned as collateral 1852607 04
5 Premium notes on policies in force 189 636 60
6 Book value of bonds 155175406 and
stocks 352956240 5081316 4G
7 Cash in company s office 24530 39
8 Deposits in trust companies and banks not
01 intwest 13108 48
9 Deposits in trust companies and banks on
interest 778942 87
10 Agents balances debit 6602848 credit
including suspense account 266761
npt 6336087 63j360 87
11 Partial payments on death losses that are
cariod for full amounts in liabilities 2950 00
Casualty department 47 166 03
12 Total ledger assets llfiu 10
NonLedger Assets
13 Interest due 621107 and accrued 65
10151 on mortgages 71312 58
14 Interest accrued on bonds 10 299 24
15 Interest due 49799 and accrued 25556
on collateral loans 753 55ComptrollerGenerals Report
663
16 Interest accrued on premium notes policy
loans or liens 11088 03
17 Interest accrued on other assets 1765 16
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 Dec 31 1913 less
reinsurance premiums 64808 06 123580 43
26 Gross deferred premiums
on policies in force Dec
31 1913 less reinsurance
premiums 7419 70 186015 41
27 Totals 72227 76 309595 84
28 Deduct loading 40945 73 52868 08
29 Net amount of uncollected
and deferred premiums 31282 03 256727 76
95218 56
174302 60
288009 79
35 Gross assets 12084675 05
Deduct Assets Not Admitted
38 Agents debit balances gross
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of
the net value of their policies
44 Casualty department
028 48
28991 39
20403 90
45 Total
115423 77
46 Admitted assets 11969251 28
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the
company on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on insurance
issued prior to 1913 and part of insur
ance issued from 1903 to 1907 inclusive 5188025 00
Same for reversionary additions 697 00664 ComptbolleeGenebals Eeport
2 American Experience table at 3V2 per
cent on insurance issued subsequent to
1907 and balance of insurance issued
from 1903 to 1907 inclusive 4837907 48
Same for reversionary additions 1978 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries table at 4 per cent 5866 00
American Experience table at 3 per cent 123662 00
Total 10158135 48
6 Deduct net value of risks of this company
reinsured in other solvent companies 41535 00
Total 10116600 48
7 Extra reserve for total and permanent dis
ability benefits l26 gj
8 Net reserve 101 35
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 53 qq oj
12 Claims for death losses in process of ad
justment or adjusted and not due 13000 00
13 Claims for death losses reported for which
no proofs have been received 23919 98
14 Reserve for net death losses incurred but
unreported 39i 7 00
15 Claims for matured endowments due and
unpaid 4400 00
18 Due and unpaid on annuity claims involv
ing life contingencies 2 563 10
19 Total policy claims 7S00 og
22 Premiums paid in advance including surrender values so
aPPlka 11386 08
23 I nearned interest ami rent aid in advance 41 473 14
24 Commissions due to agents on premium notes when paid 1 538 15
25 Commissions to agents due or accrued 4 359 gg
26 Cost of collection on uncollected and deferred prom
premiums in excess of the loading thereon 2171 73
27 Salaries rents office expenses bills and accounts due or
accried 3000 00
28 Medical examiners fees 470 00
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement on 904 47ComptrolleeGeneeals Eepoet 665
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 5521 65
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 21100 15
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 89569 47
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 35 665278 76
41 All other liabilities Casualty department 149639 07
46 Capital stock 500000 00
47 Unassigned funds surplus 173317 09
48 Total 11969251 28
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 1349 1947450 23
18 Policies on the lives of citizens of said state
issued during the year 504581 41
19 Total 366 2452031 64
20 Deduct ceased to be in force during the year 1715 382330 70
21 Policies in force December 31 243 2069700 94
22 Losses and claims unpaid Dec 31 of previous
year 1 1000 00
23 Losses and claims incurred during year 22 31811 68
24 Total 23 32811 68
25 Losses and claims settled during the year in cash
3039467 by compromise 37533 30770 00
26 Losses and claims unpaid Dec 31 2041 68
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 7286705 life 3329698
accident and health 96164 03666
ComptrollerGenerals Report
NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY
Alfred D Foster President J A Barbey Secretary
Eobt J Guinn Atlanta Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous year 59939380 53
4 Extended at 59939380 53
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 1013339 39
8 Dividends applied to purchase paid up ad
ditions 239414 57
11 Consideration for supplementary contracts
involving life contingencies 7142 73
12 Total new premiums 1259896 69
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses 6554269 90
14 Dividends applied to pay renewal prem
iums 1277253 64
18 Total renewal premiums 7831523 54
20 Total premium income 9091420 23
21 Consideration for supplementary contracts not involving
life contingencies 98478 24
22 Dividends left with the company to accumulate at interest 11767 25
24 Gross interest on mortgage loans less
53050 accrued interest on mortgages
acquired during 1913 627430 90
25 Gross interest on collateral Ooans 14602 50
2i Cross interest on bonds and dividends on
stocks less 1761683 accrued interest
on bonds acquired during 1913 1565142 84
27 Gross interest on premium notes policy
loans or liens 467769 50
28 Gross interest on deposits in trust com
panies and banks 15623 23
32 iross discount on claims paid in advance 321 28ComptrollerGenerals Report 667
33 Gross Tent from companys property in
cluding 4438000 for companys occu
pancy of its own buildings 129327 89
34 Total gross interest and rents 2820218 14
35 From other sources Final dividend in liquidation Third
National Bank of Boston 7200 final dividend in liqui
dation Tremont National Bank of Boston 121600 1288 00
42 Gross profit on sale or maturity of ledger assets viz
Bonds 35272 00
44 Total income 12058443 86
IIIDisbursements
1 For death claims 262895100 additions
3545900 2664410 00
2 For matured endowments 60677400 ad
ditions 1380100 620575 00
4 Net amounts paid for losses and matured endowments 3284985 00
7 Surrender values paid in cash or applied in liquidation of
loans or notes 1085003 66
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 182913 01
11 Dividends applied to pay renewal premiums 1277253 64
13 Dividends applied to purchase paidup additions and an
nuities 239414 57
14 Dividends left with the company to accumulate at interest 11767 25
15 Total paid policyholders 6081337 13
16 Expense of investigation and settlement of policy claims
including 9050 for legal expense 90 50
17 Paid for claims on supplementary contracts not involving
life contingencies 15659 67
18 Dividends and interest thereon held on deposit surrendered
during the year 4074 60
19 Paid for claims on supplementary contracts involving life
contingencies 20125 40
20 Commissions to agents First years premiums 475
96885 renewal premiums 42439774 900366 59
21 Commuted renewal commissions 787 05
23 Agency supervision and traveling expenses of supervision
except compensation for home office supervision 6080 54
24 Branch office expenses including salaries of managers and
clerks not included in item 22 150239 85
25 Medical examiners fees 8805439 inspection of risks
1424997 102304 36668
ComptrollerGenerals Report
36 Salaries and all other compensation of officers directors
trustees and home office employees 241057 96
37 Rent including 4438000 for companys occupancy of its
own buildings 50380 00
28 Advertising 1494804 printing and stationary 43
05851 postage telegraph telephone and express 15
74930 exchange 117848 74934 33
29 Legal expense not included in item 16 328 34
30 Furniture fixtures and safes 13189 22
31 Repairs and expenses other than taxes on real estate 49976 06
32 Taxes on real estate 36039 48
33 State taxes on premiums 84063 59
34 Insurance department licenses and fees 11087 95
35 All other licenses fees and taxes Federal corporation
tax 6729 83
37 Municipal licenses 397334 tax on reserve 5906364 63036 98
38 Compulsory advertising 79584 miscellaneous taxes and
fees 85267 1648 51
39 Other disbursements Loans on deposit in FirstSecond
Lank of Pittsburgh Pa 5303 45
41 Association of Life Insurance Presidents 154071 legis
lative expense 109475 2635 46
42 Mortgage expense 63580 agency meeting 244007 3076 77
43 Office supplies 954341 fidelity company bonds 153935 11082 76
44 Lunches for night work 96275 auditing accounts 1944 2906 75
45 Protective watch service 1042 sundries 59474 1636 74
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds 20795 41
49 Total disbursements 7960975 28
IVLedger Assets
1 Book value of real estate 1897295 34
2 Mortgage loans on real estate 14161234 00
3 Loans secured by pledge of bonds stocks
or other collateral 223000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 0167546 35
5 Premium notes on policies in force 824336 59
6 Hook value of bonds 3442142179 and
storks 2615656 83 37067078 62
7 Cash in companys office 926 76
9 Deposits in trust companies and banks on
interest 67544 45
11 Certificate of deposit in Merchants Nat
ional Hank of Boston on interest 20000 00
12 Total ledger assets 64036849 11CompteolleeGenerals Eepoet
NonLedger Assets
13 Interest due 15000 and accrued 124
70758 on mortgages 124857 58
14 Interest accrued on bonds 531119 13
15 Interest accrued on collateral loans 3522 32
16 Interest due 4212841 and accrued 119
56892 on premium notes policy loans
or liens 161697 33
17 Interest accrued on other assets Bank
interest 927 46
20 Rents due 32250 and accrued 590032
on companys property 6222 82
21 Total interest and rents due and accrued
22 Market value of real estate over book value
23 Amortized value not including interest in item 14 of
bonds and market value of stocks over book value
29 Net amount of uncolleeted and deferred premiums
669

828346 64
3737 00
730773 38
568996 40
35 Gross assets 66168702 53
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by
the Companys Actuary on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on all poli
cies issued prior to 1901 30619891 03
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 16976978 73
Same for reversionary additions 1314757 37
3 American Experience table at 3 per cent
on all policies written after Dec 15 1907
and dated in 1908 and after and addi
tions thereon Joint life policies 8386813 72
Same for reversionary additions 142645 22
5 Net present value of annuities including
those in reduction of premiums 4 per
cent Actuaries table 4816 3 per
cent American Experience table 1
91665 3 per cent American Experience
table 10259377 total 104558 58
8 Net reserve 57545644 65670
ComptrollerGenerals Report
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the companys Actuary 385880 b7
12 Claims for death losses in process of ad
justment or adjusted and not due 102633 48
13 Claims for death losses reported for which
no proofs have been received 112512 00
14 Eeserve for net death losses incurred but
unreported 41612 00
15 Claims for matured endowments due and
unpaid 79580 05
16 Claims for death losses and other policy
claims resisted by the company 9691 00
19 Total policy claims 346028 53
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon interest 23230 14527 80
22 Premiums paid in advance including surrender values so
applied 53 314 65
23 Unearned interest and rent paid in advance 7712 50
24 Commissions due to agents on premium notes when paid 35367 94
25 Commissions to agents due or accrued 4974 95
27 Salaries rents office expenses bills and accounts due or
accrued 5214 Oo
Medical examiners fees 595 00
29 Estimated amount hereafter payable for federal state
and other taxes Based upon the business of the year
of this statement 150314 43
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 219471 63
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent Upon the payment of renewal premiums or
otherwise 1747500 00
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 137349 70
36 Amount sot apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in Item
35 228559 50
37 Reserve special or surplus funds not included above
38 Eeserve for equalization of Mortality and depreciation of
Msets 300000 00
47 Unassigned funds surplus 4986246 53
48 Total 66168702 53ComptrollerGenerals Keport 671
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 2490 5598257 00
18 Policies on the lives of citizens of said state issu
ed during the year 565 1100670 00
19 Totai 3055 6698927 00
20 Deduct ceased to be in force during the year 218 536796 00
21 Policies in force December 31 2837 6162131 00
23 Losses and claims incurred during year 25 61546 00
25 Losses and claims settled during the year in cash 22 61071 00
26 Losses and claims unpaid Dec 31 3 475 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 193063 92
NEW YORK LIFE INSURANCE COMPANY
Darwin P Kingsley President Seymour M Ballard Secretary
E J Clark Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year719900475 88
4 Extended at 719900475 88
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 492539 for first
years reinsurance 9250650 12
8 Dividends applied to purchase paidup ad
ditions and annuities 1334032 26
10 Consideration for original annuities In
volving life contingencies 471838 42
11 Consideration for supplementary contracts
involving life contingencies 205744 25
11a Consideration for total and permanent dis
ability claims allowed 22320 00
12 Total new premiums 11284585 05672
ComptrollerGeneral s Report
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 8200387
for reinsurance on renewals including 3
30313 premiums waived for total and
permanent disability 73689575 16
14 Dividends applied to pay renewal premiums 4373698 10
16 Surrender values applied to pay renewal
premiums 89842 30
17 Renewal premiums for deferred annuities 51067 70
18 Total renewal premiums 78204183 26
19 Extra premiums for total and permanent disability benefits
first year premiums 7596400 renewal premiums
6305600 139020 00
20
21
22
24
26
28
30
32
33
Total premium income S9627788 31
Consideration for supplementary contracts not involving life
contingencies 521400 39
Dividends left with the company to accumulate at interest 9588 82
Gross interest on mortgage loans less 13
30025 accrued interest on mortgages ac
quired during 1913 7323163 07
Cross interest on bonds and dividends on
stocks less 18626183 accrued interest
on bonds acquired during 1913 18608822 99
Gross interest on premium notes policy loans
or liens
Gross interest on deposits in trust compa
nies and banks
Gross interest on agents debts
Gross discount on claims paid in advance
Gross rent from companys property includ
ing 29273763 for companys occupancy
of its own buildings
6658S07 49
239594 03
308 34
10417 77
734844 07
34 Total gross interest am rents 33581957
30 Commissions advanced in previous years now repaid
7 Policy fees 4062168 lire insurance collected 14639650
total
38 Doubtful debts recovered 162761 income tax deducted at
source 39448 total
39 Bonuses received for prepayment or extension of mortgage
loans
40 Remittances received not yet adjusted
42 Gross profit on sale or maturity of ledger assets viz Real
estate 4928931 bonds 11393187 total
28309
187018
2022
5756
23070
97
18
09
50
103221 18ComptrollerGenerals Eeport
673
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds including 19988643 for accrual of
discount 25402393 stocks 1904688 bond and
mortgage 629115 total
279361 96
44 Total income 124516389 19
IIIDisbursements
1 For death claims less 3163228 reinsur
ance 2500510852 additions 941
33208 total 25946440 60
2 For matured endowments less 10000 re
insurance 865957345 additions 28
57863 total 8688152 08
3 For total and permanent disability claims 22320 00
4 Net amount paid for losses and matured endowmentsi
5 For annuities involving life contingencies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup additions and annui
ties
Dividends left with the company to accumulate at interest
14a Paid Government of Italy on account of reserve and sur
plus on policies transferred to Government
10
11
13
14
34656912 68
1561674 15
14898943 31
89842 30
9292939 49
4373698 10
1334032 26
95881 82
48955 16
15 Total paid policyholders including item 14a 66352879 27
16 Expense of investigation and settlement of policy claims
including 4107008 for legal expense
16a Premiums waived by company on account of total and
permanent disability
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
20 Commissions to agents less commission on reinsurance
First years premiums 427704280 renewal premiums
177816436 annuities original 1121786 re
newal 129578 total
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 1157240 23
48777 87
3803 13
256173 98
19873 47
6067720
31981 08674
ComptkollerGenerals Eeport
24
25
26
27
28
inspection of risks
29
30
31
32
33
34
36
37
38
40
41
42
43
44
45
4 7
48
Branch office expenses including salaries of managers and
clerks not included in item 22
Medical examiners fees 3944747
9328324 total
Salaries and all other compensation of officers directors
trustees and home office employees
Kent including 29273763 for companys occupancy of its
oivn buildings less 90398 received under sublease
Advertising 4543383 printing and stationery 212
10669 postage telegraph telephone and express 248
91355 exchange 9124118 total
Legal expense not included in item 16
Furniture fixtures and safes
Repairs and expenses other than taxes on real estate in
cluding 12341097 paid out of fire insurance
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
Federal corporation tax
Local licenses and taxes 4844960 tax on policy re
serves 5118783 total
Miscellaneous taxes including 2879412 tax on interest
receipts
Paid agents under Nylic contracts
Doubtful debts marked off
Books papers and subscriptions 648177 special inspec
tion reports 431047 lunch for companys employees
8334747 miscellaneous items of expense 1095577
legislative and departmental expenses 2225288 ex
penses directors election 1913 486638 1915 17
67253 traveling expenses 1318811 total
Examinations and audits of the companys accounts
Fees pail in condemnation proceedings
Miscellaneous interest payments 607737 bank charges
0453855 custody of and insurance on securities 24
77235 premium on fidelity lionIs 647733 bond and
mortgage expense 105354 total
Gross loss on sale or maturity of ledger assets viz Bonds
Gross decrease by adjustment in book value of ledger as
Sl viz Real st 3897045 bonds including
25974062 for amortization of premium 29317812
bond and mortgage 31815 total
1152215 45
487757 96
1751124 53
573111 29
597695 25
21540 17
146523 18
303349 99
131253 05
860670 35
21981 82
194404 58
99637 43
45008 44
628124 94
18756 99
163075 39
9141 51
3326 55
52919 14
33627 11
332466 72
49 Total disbursements
81566161 67
TVLedger Assets
L Book value of real estate f igg 586 10
2 Mortgage loans on real estate first liens 152970 898 II ComptrollerGeneral s Report 675
ill ill 4 Loans made to policyholders on this company s policies assigned as collateral 5 Premium notes on policies in force 6 Book value of bonds 45515275693 and stocks 28404688 total 8 Deposits in trust companies and banks not 9 Deposits in trust companies and banks on 10 Bills receivable 119490 branch office debt balances 2243362 credit 2206122 net 37240 total 11 Cash oh companys branch offices 4480633 cash in transit 25451391 total 11a FirstSecond National Bank of Pittsburgh Pa in liquidation estimated amount 133507619 52 4598039 71 155436803 81 3172 66 1040572 36 5762338 98 1567 30 299320 24
33784 28 62850703 40
jj 7
i NonLedger Assets
13 Interest due 11861996 and accrued 1
60573250 on mortgages total 1724352 46
14 Interest due 22212984 and accrued 6
22549725 on bonds 6447629 09
16 Interest accrued on premium notes policy
456030 80
11 18 Interest due 2327072 and accrued 9
5 32678 55
20 Bents due 382665 and accrued 260899
6435 64 8667124 54
21 Total interest and rents due and accrued
i New Business 25 Gross premiums due and unreported on policies in force December 31 1913 less reinsurance premiums 129270 99 Renewals
4885274 58
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance premiums 489139 00 5212761 00
27 Totals 618409 99 10098035 58
28 Deduct loading 25 per cent 154602 50 2524508 90
676 ComptrollerGenerals Report
29 Net amount of uncollected
and deferred premiums 463807 49 7573526 68 8037334 17
35 Gross assets 779555162 11
Deduct Assets Not Admitted
40 Bills receivable 1194 90
43 Book value of ledger assets over market
value viz On bonds 31033793 49
44 Branch office debit balances 22433 62
45 Total 31057422 01
46 Admitted assets748497740 10
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the In
surance 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 un
der 4 517418041 00
Same for reversionary additions 4671969 00
Total 522090010 00
4 Other tables and rates viz Double Amer
ican experience table at 3 per cent on
tropical insurances and those on im
paired lives 42049458 00
Same for reversionary additions 158790 00
Total 42208248 00
Sesqui American experience table at 3 per
cent on semitropical insurances ami
those on partially unpaired lives 45440177 00
Same for reversionary additions 111184 00
Total t 45551361 00
5 Net present value of annuities including those in reduction
of premiums McClintock s annuity table 3 per cent 15921632 00
Total625771251 00
0 Deduct net value of risks of this company reinsured in other
solvent companies 104827 00
7 Extra reserve for total and permanent disability benefits 81886 00ComptrollerGenerals Report 677
8 Net reserve paidfor basis625747810 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies by the company 3219116 48
9a Present value of future premiums waived on account of
total and permanent disability 16629 00
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value or reinstatement
may be demanded 353733 98
12 Claims for death losses in process of ad
justment or adjusted and not due 1066359 93
13 Claims for death losses reported for which
no proofs have been reecived 1761714 26
14 Reserve for net death losses incurred but un
reported 1000000 00
15 Claims for matured endowments due and un
paid 362811 98
16 Claims for death losses and other policy
claims resisted by the company 362598 29
17 Claims for total and permanent disability
benefits 17924 00
18 Due and unpaid on annuity claims involv
ing life contingencies 133775 04
19 Total policy claims 4705183 50
20 Due and unpaid on supplementary contracts not involving
life contingencies 876 70
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 248527 97
22 Premiums paid in advance including surrender values so
applied 847181 30
23 Unearned interest and rent paid in advance 3003701 95
24 Commissions due to agents on premium notes when paid 51240 63
25 Commissions to agents due or accrued 7730 85
27 Salaries rents office expenses bills and accounts due or
accrued including 429450 accrued charges on deposits 89908 57
28 Medical examiners fees 2894414 and legal fees 7
97617 due or accrued 36920 31
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement including 874451 accrued taxes on interest
and deposits 1074472 68
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 864144 99
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 7023334 00678 ComptrollerGenerals Report
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 10 584 139 35
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35 80631550 05
37 Reserve special or surplus funds not included above Secur
ity fluctuation and general contingency fund 6351
80916 annual dividend equalization funds 1308
12600 total 7659935 16
38 Reserve for future expenses on paidup annual dividend poli
Cles 240000 00
42 Due agents under Nylie contracts 4 513 13
43 Reserve for Nylic contracts o q57 0g9 Q
45 Reserve for unclaimed receipts 30 000 00
48 Total748497740 10
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 year12743 26496 210 00
18 Policies on the lives of citizens of said State is
sued during the year 16M 3581998 00
19 Totali 14364 30078208 00
20 Deduct ceased to be in force during the year 938 2 343 698 00
21 Policies in force December 31 191313426 27 734 510 00
2i Losses and claims unpaid December 31 of pre
vious year 18 6237g M
23 Losses and claims incurred during year 174 362 S46 74
Total 192 403219 75
25 Losses and claims settled during the year in cash 173 40329s n
26 Losses and claims unpaid December 31 1913 19 21921 61
NORTH AMERICAN LIFE INSURANCE COMPANY OF CHICAGO
John II McXamara President Wm p Kent Secrotlrv
ICapital Stock
1 Amount of capital paid op
cash 700000 00
2 Amount of ledger assets as per balance
December 31 of previous vear 1 750 289 30
4 Extended t 1750289 32COMPTROLLEKGrENEBAIiS REPORT
679
IIIncome
5 First years premiums on original policies without deduc
tion for commissions or other expenses less 451817 for
first years reinsurance 235764 14
9 Surrender values applied to purchase paidup insurance and
annuities 11989 26
12 Total new premiums
13 Kenewal premiums in addition to items 14 16 and 17
without deduction for commissions or other expenses
less 1468815 for reinsurance on renewals
16 Surrender values applied to pay renewal premiums
18 Total renewal premiums S
19 Extra premiums for total and permanent disability benefits
20 Total premium income
24 Gross interest on mortgage loans less
31331 accrued interest on mortgages ac
quired during 1913 32939 61
26 Gross interest on bonds and dividends on
stocks less 49406 accrued interest on
bonds acquired during 1913 30185 99
27 Gross interest on premium notes policy
loans or liens 8217 20
28 Gross interest on deposits in trust companies
and banks 11194 46
29 Gross interest on premiums 57 17
34 Total gross interest
36 Mortgage loan commission account
37 Contributed by stockholders
42 Gross profit on sale or maturity of ledger assets viz Bonds
247753 40
504299 08
37 00
504336 08
5848 83
757938 31
82594 43
14046 63
58883 34
942 31
44 Total income
914405 02
IIIDisbursements
1 For death claims less 3369800 reinsur
ance 92045 40
3 For total and permanent disability claims 301 04
4 Net amounts paid for losses and matured endowments 92346 44
5 For annuities involving life contingencies 120 00
7 Surrender values paid in cash or applied in liquidation of
loans or notes 35141 64
8 Surrender values applied to pay renewal premiums 37 00680
ComptrollerGeneral s Report
9 Surrender values applied to purchase paidup insurance and
annuities
11989 26
15
16
17
19
20
21
22
23
24
25
26
27
28
29
30
33
34
37
40
Total paid policyholders 139634 34
Expense of investigation and settlement of policy claims in
cluding 20772 for legal expense 326 59
Paid for claims on supplementary contracts not involving
life contingencies X 166 02
Paid stockholders for interest or dividends 69 87I 92
Commissions to agents less commissions on reinsurance
First years premiums 11638120 renewal premiums
2200554 total 138386 74
Commuted renewal commissions 1 535 50
Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 2185 77
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 37699 41
Branch office expenses including salaries of managers and
clerks not included in item 22 42 097 03
Medical examiners fees 1904100 inspection of risks 3
02000 total 22061 00
Salaries and all other compensation of officers directors
trustees and home office employees 61 039 81
Eent 13009 47
Advertising 48712 printing and stationery 650197
postage telegraph telephone and express 505107 ex
change 50420 total 13 444 3g
Legal expense not included in item 16 2048 15
Furniture fixtures and safes 2 259 96
State taxes on premiums g gjo gg
Insurance department licenses and fees 2 680 99
Local privilege taxes 235 79
Miscellaneous expenses viz
Books and periodicals
Water ice and towel service
Protographie supplies
Medical supplies
Premiums on fidelity bonds
Premiums on depository bonds
Agents conventions
Protest fees
Directors meetings
American life convention
H O traveling expenses
Insurance exchange
Chicago Asosociation of Commerce
American Institute of Actuaries
80
75
96
883
128
461
38 12
422 35
1250 68
5076 72
5 07
751 10
29 50
65 07
10 00
50 00
10 00
Total
9183 12ComptrollerGenerals Report
681
45 Suspense items repaid
46 Agents balances charged off
212 93
135 34
49 Total disbursements
568534 82
IVLedger Assets
2 Mortgage loans on real estate first liens 948825 00
4 Loans made to policyholders on this com
pany s policies assigned as collateral 137157 71
5 Premium notes on policies in force 30844 57
6 Book value of bonds 581383 16
7 Cash in company a office 38 197 88
8 Deposits in trust companies and banks not
on interest 306 75
i Deposits in trust companies and banks on
interest 343249 62
10 Agents balances debit 1035722 credit
362599 net 5731 23
11 Cash in branch offices cashiers under
bonds 945 10
12 Total ledger assets vj 2096 159 52
NonLedger Assets

13 Interest accrued on mortgages
14 Interest accrued on bonds
16 Interest accrued on premium notes policy
loans or liens
I Interest accrued on bank balances
23075 02
11876 44
404 03
2420 44
21 Total interest accrued j
23 Market value not including interest in Item 14 of bonds
and stocks over book value
25 Gross premiums due and unreported on pol
icies in force December 31 1913 less re
insurance premiums J05 896 93
26 Iross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 21146 09
37775 93
188 19
27 Totals 127043 02
28 Deduct loading 15 841 26
29 Net amount of uncollected and deferred premiums
111201 76
35 Gross assets 2245325 40682 ComptrollerGenerals Eeport
Deduct Assets Not Admitted
38 Agents debit balances gross 10357 22
41 Premium notes and loans on policies and net
premiums in Item 29 in excess of the net
value of their policies 10424 15
44 Total 20781 37
46 Admtited assets 2224544 03
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the Illi
nois Insurance Department on the following tables of
mortality and rates of interest viz
2 American experience table at 3 per cent on all policies 1367499 00
5 Net present value of annuities including those in reduction
of premiums McClintocks annuitant 3M per cent 742 00
Total 1368241 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 12752 00
7 Extra reserve for total and permanent disability benefits 3233 00
8 Net reserve 1358722 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary 1272 93
11 Claims for death losses due and unpaid 395 78
12 Claims for death losses in process of ad
justment and not due 6000 00
13 ciaims for death losses reported for which
no proofs have been received 5500 00
16 Claims for death losses and other policy
claims resisted by the company 1402 81
3 Total policy claims 13298 59
82 Premiums pftJ in advance including surrender values so
applied 2899 86
23 Unearned interest and rent paid in advance 2667 50
24 Commissions due to agents on premium notes when paid 1722 32
25 Commissions to agents due or accrued 300 00
26 Cost of collection on uncollected and deferred premiums
in excess of the loading thereon 1838 12
27 Salaries rents office expenses bills and accounts due or
accrued 3406 52ComptrollerGeneral s Report 683
29 Estimate amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 10094 02
32 Unpaid dividends to stockholders 120 08
42 Palyments on account of premiums held in suspense 1 498 55
46 Capital stock 700fi00 QQ
47 Unassigned funds surplus 112 452 24
48 Total 2224544 03
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 4 4 944 00
18 Policies on the lives of citizens of said State is
sued during the year 4 23000 00
19 Total 8 27944 00
20 Deduct ceased to be in force during the year 1 44 00
21 Policies in force December 31 9 27 988 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 4 j qqq jq
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
Home Office Cor Broadway and Michigan Streets Milwaukee Wig
Geo C Markham President A S Hathaway Secretary
ICapital Stock
2 Amount of ledger assets as per balance
Dee 31 of previous year294172595 73
4 Extended at294172595 73
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 4420393 82
6 Surrender values applied to pay first years
premiums 15058 60
7 Total first years premiums on original
policies 4435452 42684
ComptrollerGenerals Eepoet
6251574 09
8 Dividends applied to purchase paid up ad
ditions and annuities 1729882 15
10 Consideration for original annuities involv
ing life contingencies 48076 00
11 Consideration for supplementary contracts
involving life contingencies 38161 52
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses 32066770 73
14 Dividends applied to pay renewal prem
iums 7248330 28
17 Eenewal premiums for deferred annuities 10608 48
18 Total renewal premiums 39331709 49
20 Total premium income
21 Consideration for supplementary contracts not involving
life contingencies
22 Dividends left with the company to accumulate at
interest
24 Gross interest on mortgage loans less 499807 accrued
interest on mortgages acquired during 1913
26 Gross interest on bonds and dividends on
stocks less 1603019 accrued interest
on bonds acquired during 1913 3561587 62
27 Gross interest on premium notes policy
loans or liens 2494084 72
28 Gross interest on deposits in trust com
panies and banks
30 Interest on premiums collected in the con
version of term policies and in the re
storation of lapsed policies
32 Gross discount on claims paid in advance
33 Gross rent from companys property in
cluding 6740000 for companys occu
pancy of its own buildings
45583283 58
947212 89
16422 82
8164698 29
81038 48
96472 98
20114 90
122499 73
34 Total gross interest and rents 14540496 72
35 From other sources Money received from unknown
source 30000 examination expenses refunded
33440 deficiency judgment collected 79167 total 1426 07
42 Gross profit on sale or maturity of ledger assets viz
Real estate 2416110 bonds 175272 total 25913 82
43 Gross increase by adjustment in book value of ledger
assets viz Bonds 41430 18
44 Total income 61156186 08ComptrollerGenerals Report
IIIDisbursements
1 For death claims 1096007936 additions
36326300 1132334236
2 For matured endowments 337758075
additions 16249394 3540074 69
685
4 Net amount paid for losses and matured endowments 14863417 05
5 For annuities involving life contingencies 128689 59
7 Surrender values paid in cash or applied in liquidation
of loans or notes 8923740 25
8 Surrender values applied to pay new premiums 15058 60
10 Dividends paid to policyholdcrs in cash or applied in
liquidation of loans or notes 3719233 05
11 Dividends applied to pay renewal premiums 7248330 28
13 Dividends applied to purchase paid up additions and an
nuities V29882 15
14 Dividends left with the company to accumulate at in
terest 16422 82
18
20
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
including 115345 for legal expense
16 Expense of investigation and settlement of policy claims
including 115364 for legal expense
17 Paid for claims on supplementary contracts not involving
life contingencies
Dividends and interest thereon held on deposit surrendered
during the year
Commissions to agents less commission on reinsurance
First years premiums 204785839 renewal prem
iums 275509607 annuities original 64438 re
newal 33217
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
25 Medical examiners fees 23463096 inspection of risks
3271474 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent including 6740000 for companys occupancy of
its own buildings
28 Advertising 693307 printing and stationery 78
58325 postage telegraph telephone and express 136
01815 exehance 1402404
29 Legal expense not included in item 16
30 Furniture fixtures and safes
36644773 79
1153 64
1153 64
377358 28
3398 82
1803931 01
1333 28
1824 56
267345 70
881560 69
76181 76
23555S 51
4740 20
3465 40686
ComptrollerGenerals Eeport
31 Repairs and expenses other than taxes on real estate 62616 17
32 Taxes on real estate 42734 91
33 State taxes on premiums 480376 61
34 Insurance department licenses and fees 29674 95
35 All other licenses fees and taxes Federal corporation
tax 3084995 state tax on income 50564322 state
tax on policy reserve 3185570 publishing statement
as required by law 133410 local licenses and tax
on premiums 744743 577130 40
39 Other disbursements Loan expenses 14070860 legisla
tive expenses 492310 traveling expenses 454727
second payment of policy claim 83333 examinations
and audits of the companys accounts 628673
miscellaneous interest payments 199749 premium
on fidelity bonds 15500 expenses trustees election
11107 total 159562 59
47 Gross loss on sale or maturity of ledger assets viz
Real estate 16029 05
48 Gross decrease by adjustment in book value of ledger
assets viz Real estate 200000 bonds 7530312 77203 12
49 Total disbursements 44747953 44
IVLedger Assets
1 Book value of real estate 377571 78
2 Mortgage loans on real estate first liens 169408050 22
4 Loans made to policyholders on this com
panys policies assigned as collateral 48341441 97
5 Premium notes on policies in force includ
ing automatic premium loans 1113318 45
6 Book value of bonds 84421021 40
7 Cash in companys office 49663 45
9 Deposits in trust companies and banks on
interest 3448377 57
10 Agents balances debit 25253 56
12 Total ledger assets310580 828 37
NonLedger Assets
13 Interest due 6848685 and accrued 2
20567166 on mortgages 2274158 51
14 Interest accrued on bonds 1232867 63
36 Interest due 16002417 and accrued 1
29659812 on premium notes policy
loans or liens 456622 29
ComptrollerGenerals Report
637

18 Interest due for conversion of term policies
and in the restoration of lapsed policies 5160 26
20 Rents due 1150 and accrued 162550
on companys property or lease 1637 00
21 Total interest and rents due and accrued 3
New Business Renewals
25 Gross premiums due and
unreported on policies in
force Dec 3T 1913 less
reinsurance premiums 44249 56 2074132 31
26 Gross deferred premiums on
policies in force Doc 31
1913 less reinsurance
premiums 332798 00 2376319 00
4970445 69

27 Totals
28 Deduct loading
377047 56
80122 61
1450451 31
945720 90
29 Net amount of uncollected
and deferred premiums 296924 95 3504730 41 3801655 36
35 Gross assets
319352929 42
38 Agents debit balances gross
43 Book value of ledger assets over market
value viz Bonds
Deduct Assets Not Admitted
25235 56
770731 40
45 Total
46 Admitted assets
8795966 96
310550962 46

VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 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 Feb 1 1899105962051 00
Same for reversionary additions 4937332 00
2 American Experience table at 3 per cent
on life endowment and term policies
issued since Feb 1 1899 163122667 00
Same for reversionary additions 6623202 00688 ComptrollerGenerals Report
5 Net present value of annuities including
those in reduction of premiums Ac
tuaries table at 4 per cent 206761 00
McGlintocks table at 3 per cent 506438 00
American experience table at 3 per cent 814760 00
8 Net reserve 282173211 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 3901296 54
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 8632 90
11 Claims for death losses due and unpaid 84104 73
12 Claims for death losses in process of ad
justment or adjusted and not due 127134 88
13 Claims for death losses reported for which
no proofs have been received 378007 68
14 Reserve for net death losses incurred but
unreported 350000 00
15 Claims for matured endowments due and
unpaid 203049 65
16 Claims for death losses and other policy
claims resisted by the company 88367 85
18 Due and unpaid on annuity claims involv
ing life contingencies 866 97
19 Total policy claims 1231531 76
20 Duo and unpaid on supplementary contracts not involv
ing life contingencies 7047 27
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 37749 33
22 Premiums paid in advance including surrender values
so applied 20011 7
23 Unearned interest and rent paid in advance 458 96
25 Commissions to agents due or accrued 84411 37
27 Salaries rents office expenses bills and accounts due or
accrued 151213 66
28 Medical examinersJ fees 3335100 and legal fees 79526
due or accrued 34146 26
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 1073207 2
33 Dividends ot other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 654464 29
ComptrollerGenerals Report 689
34 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1914
whether contingent upon the payment of renewal prem
iums or otherwise 10304182 00
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 2236953 22
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35 4323113 00
45 Total306241631 69
47 Unassigned funds surplus 4315330 77
48 Total310556962 46
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 9633 22311616 00
18 Policies on the lives of citizens of said state
issued during the year 875 2162300 00
19 Total 10508 24473916 00
20 Deduct ceased to be in force during the year 561 1338933 00
21 Policies in force Dee 31 9947 23134983 00
22 Losses and claims unpaid Dec 31 of previous year 2 3988 00
23 Losses and claims incurred during year 93 223689 00
24 Total 95 227077 00
25Losses and claims settled during the year in cash 91 217459 00
26 Losses and claims unpaid December 31 4 10218 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 707154 26690 ComptbollebGenebals Report
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY
Geo I Cochran President C I D Moore Secretary
A C Harmon 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 23482070 12
4 Extended at 23482070 12
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 803186 for first
years reinsurance 788773 62
6 Surrender values applied to pay first years
premiums us g3
7 Total first years premiums on original poli
cies 790431 85
8 Dividends applied to purchase paidup ad
ditions and annuities 198 816 26
9 Surrender values applied to purchase paid
up insurance and annuities l 379 00
10 Consideration for original annuities involv
ing life contingencies 14 066 2
11 Consideration for supplementary contracts
volving life contingencies n
12 Total new premiums li005j483 36
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 4838531
for reinsurance on renewals 4134 769 70
14 Dividends applied to pay renewal premiums 202432 02
16 Surrender values applied to pay renewal pre
miums 29363 41
17 Renewal premiums for deferred annuities 21 25
18 Total renewal premiums 4 ggg rgg
19 Extra premiums for total and permanent disability benefits 44527 71
20 Total premium income g 5416597 50ComptbollebGtenebal s Eepoet
691
21 Consideration for suplementary contracts not involving
life contingencies 29643 32
22 Dividends left with the company to accumulate at interest 13435 55
24 Gross interest on mortgage loans less 1
61934 accrued interest on mortgages ac
quired during 1913 879987 61
25 Gross interest on collateral loans 62176 02
26 Gross interest on bonds and dividends on
stocks less 531254 accrued interest on
bonds acquired during 1913 150657 72
27 Gross interest on premium notes policy
loans or liens 279385 99
28 Gross interest on deposits in trust companies
and banks 9206 85
30 Gross interest on agents balances 184 54
31 Gross interest on contract for sale of real
estate 2860 17
38 Gross rent from companys property includ
ing 40800 for companys occupancy of
its own buildings 47910 00
34 Total gross interest and rents 1432458 90
Less interest paid on reinsurance fund 4800 77
36 Loss and gain
37 Sale of unlisted assets
41 From agents balances previously charged off
42 Gross profit on sale or maturity of ledger assets viz Heal
estate 722145 bonds 45000 total
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds
44 Total income
95 52
458 25
2194 90
7671 45
1125 00
6898879 62
IIIDisbursements
1 For death claims less 14195 reinsurance
109321351 additions 30522 total 112373551
2 For matured endowments less 5000 rein
surance 13088500 additions less 1
205 reinsurance 3134 total 134019 00
3 For total and permanent disability claims 7201 00
4 Net amounts paid for losses and matured endowments 1264955 51
5 For annuities involving life contingencies 11385 58
6 Premium notes and liens voided by lapse less 113220
restorations 2731 96
7 Surrender values paid in cash or applied in liquidation
of loans or notes 752313 55692
COMPTROLLERGrENERAL s KePORT
8 Surrender values applied to pay new premiums 165823
to pay renewal premiums 2936341 total 31021 64
9 Surrender values applied to purchase paidup insurance and
annuities 1379 00
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 105919 24
11 Dividends applied to pay renewal premiums 202432 02
13 Dividends applied to purchase paidup additions and an
nuities 198816 26
14 Dividends left with the company to accumulate at interest 13435 55
15 Total paid policyholders 2584399 31
16 Expense of investigation and settlement of policy claims 8614 12
17 Paid for claims on supplementary contracts not involving
life contingencies 16715 30
18 Dividends and interest thereon held on deposit surrendered
during the year 1305 94
19 Paid stockholders for interest or dividends 115000 00
20 Commissions to agents less commission or reinsurance
First years premiums 47739134 renewal premiums
29628480 annuities original 70288 total 774379 12
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 25869 57
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 18245 47
25 Medical examiners fees 5710900 inspection of risks
1408713 total 71196 13
26 Salaries and all other compensation of officers directors
trustees and home office employees 245383 63
27 Bent including 33600 for companys occupancy of its own
buildings 33600 00
28 Advertising 1860493 printing and stationery 2852720
postage telegraph telephone and express 1520875 ex
change 98336 total 03324 24
29 Legal expense not included in item 16 1340 63
30 Furniture fixtures and safes 7130 36
31 Repairs and expenses other than taxes on real estate 12607 90
32 Taxes on real estate 13168 30
33 State taxes on premiums 73310 43
34 Insurance department licenses and fees 6449 77
35 All other licenses fees and taxes Federal corporation tax
767735 municipal licenses 497095 taxes on per
sonal property 238207 publication fees 111142
state corporation taxes and fees 33475 total 16426 54
39 Other disbursements Contribution to association of life
insurance presidents 93518 books and subscriptions
126771 home office traveling expense 222312 inci
dentals 27683 legislative expense 224555 renewal
bonus 2153433 total 33482 72ComptrollerGenerals Report
693
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz Bonds
48 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 28533 bonds 120333 total
6159 08
650 00
1488 66
49
Total disbursements 4130915 32

IVLedger Assets
1 Book value of real estate 1094257 41
2 Mortgage loans on real estate first liens 15039977 09
3 Loans secured by pledge of bonds stocks or
other collateral 1423312 32
4 Loans made to policyholders on this com
panys policies assigned as collateral 4214933 32
5 Premium notes and liens on policies in force 933808 53
6 Book value of bonds 309962750 and
stocks 11750000 total 3217127 50
7 Cash in companys office
8 Deposits in trust companies
and banks not on interest
9 Deposits in trust companies
and banks on interest
3903 27
67427 00
371771 62
Total
Less reinsurance fund
443101 89
115483 64
Balance
327618 25
NonLedger Assets
13 Interest due 245985 and accrued 211
17388 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest due 3265778 and accrued 32
58461 on premium notes policy loans
or liens
17 Interest accrued on bank balances
Total
Less interest accrued on reinsurance fund
213633 73
58911 11
18661 64
65242 39
156 67
356605 54
2452 30
21 Total interest dueand accrued 354153 24
claims on policies of this company re
24 Due from other companies for losses or claims on policies
of this company reinsured 5000 00694
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance premiums
ComptbolleeGenebals Bepobt
New Business Renewals
5151 24 330941 46
28003 02
353759 73
27 Totals
28 Deduct loading
33154 26 684701 19
19074 55 130352 81
29 Net amount of uncollected
and deferred premium 14079 71 554348 38
568428 09
35 Gross assets
Deduct Assets Not Admitted
27177615 75
41 Premium notes and loans on policies anil
net premiums in Item 29 in excess of the
net value of their policies
44 Virginia special deposit excess of deposit
over liabilities
45 Unearned portion of bonus on mortgages
purchased
1S154 92
17313 00
1550 03
Total
37017 95
46 Admitted assets life department 27140 597 80
Admitted assets accident department 2197554 19
Total admitted assets jj ggg q
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed on the fol
lowing tables of mortality and rates of interest viz
1 Actuaries table at 4 per cent on all policies
issued prior to January 1 1901 5318363 00
Same for reversionary additions 112797 00
Total
5431160 00CompteollerGenebals Keport
695
2 American experience table at 3 per cent
on all policies except annual dividend is
sues of 1907 issued from December 31
1900 to January 1 1908 and nonpartic
ipating policies issued subsequent to De
cember 31 1907 13672824 00
Same for reversionary additions 1363585 00
Total 15036409 00
3 American experience table at 3 per cent on
annual dividend policies issued in 1907
and all participating policies issued sub
sequent to December 31 1907 3671277 00
Same for reversionary additions 55810 00
Total 3727087 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries table at 4 per cent 7782 00
American experience table at 3 per cent 135121 00
Total 142903 00
Total 24337559 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 154970 00
7 Extra reserve for total and permanent disability benefits 72688 00
8 Net reserve 24255277 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
Company 90550 00
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded 539 00
12 Claims for death losses in process of ad
justment or adjusted and not due 18541 46
13 Claims for death losses reported for which
no proofs have been received 72785 00
14 Keserve for net death losses incurred but un
reported 34000 00
15 Claims for matured endowments due and
unpaid 1529 00
16 Claims for death losses and other policy
claims resisted by the company 45000 00
18 Due and unpaid on annuity claims involving
life contingencies 224 00
19 Total policy claims 172079 46696 ComptrollerGenerals Eeport
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 20 212 00
22 Premiums paid in advance including surrender values so
applied 35041 30
23 Unearned interest and rent paid in advance 110 561 28
24 Commissions due to agents on premium notes when paid 2 565 85
25 Commissions to agents due or accrued 3 641 93
27 Salaries rents office expenses bills and accounts due or
accrued 10910 09
28 Medical examiners fees due or accrued 14 031 50
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 89000 00
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 1532 35
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 297398 17
35 Dividends declared on or apportioned to deferred policies
payable to policyholders during 1914 82500 69
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35 1053937 58
38 Renewal bonus fund 39 Qgg jg
4l Liabilities of life department 26 271 836 39
43 Liabilities of accident department 1 122 154 19
46 Capital stock loOo000 00
47 Unassigned funds surplus Life department 86876141
accident department 75440000 total 944 161 41
48 Total life and accident departments 29 332 151 99
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 1132 1968216 00
18 Policies on the lives of citizens of said State is
sued during the year 73 53453 U
19 TotaI 1205 2121669 00
20 Deduct ceased to be in force during the year 93 204 098 00
21 Policies in force December 31 1112 1 917 571 00ComptrollerGenerals Report 697
23 Losses and claims incurred during year 14 28376 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 5g gg9 qo
PAN AMERICAN LIFE INSURANCE COMPANY
Home Office New Orleans La
Crawford H Ellis President James L Wright Secretary
William A Wright Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 925000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1258601 65
3 Increase of capital during the year 269170 00
4 Extended at 1527771 65
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 583596 for first
years reinsurance 204735 37
9 Surrender values and coupons applied to
purchase paidup insurance and annuities 1687 56
10 Consideration for original annuities involv
ing life contingencies 3450 00
12 Total new premiums 209 872 93
13 Benewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 326894
for reinsurance on renewals 217162 42
14 Dividends applied to pay renewal premiums 2863 55
16 Surrender values applied to pay renewal
premiums 68 00
18 Total renewal premiums 220093 97
20 Total premium income 429966 90
23 Ledger assets other than premiums received from other
companies for assuming their risks 13236 84698
ComptrollerGenerals Report
24 Gross interest on mortgage loans Jess
23954 accrued interest on mortgages ac
quired during 1913 47772 35
25 Gross interest on collateral loans 6385 72
26 Gross interest on bonds and dividends on
stocks less 795143 accrued interest on
bonds acquired during 1913 3595 L 1 8
27 Gross interest on premium notes policy
loans or liens 3139 41
28 Gross interest on deposits in trust compa
nies and banks 2531 lio
30 Interest received from committee of trus
tees 31367 83
33 Gross rent from companys property 3125 00
34 Total gross interest and rents 130273 14
36 Persistency fund 1912 311 00
37 Federal income tax s 33
38 La Natl Life Assur Society agents accounts 251 58
39 Suspense 212 38
40 Premium on sale of capital stock l1 1 00
42 Gross profit on sale or maturity of ledger assets viz Real
estate
41 Total income
827960 17
1
5
6
8
9
10
11
14
16
21
23
IIIDisbursements
For death claims
For annuities involving lite contingencies
Premium notes and liens voided by lapse
Surrender values paid in cash or applied in liquidation of
loans or notes
Surrender values applied to pay renewal premiums
Surrender values and coupons applied to purchase paidup
insurance and annuities
Dividends reductions and coupons paid to polieyholders in
cash or applied in liquidation of loans or notes
Dividends and coupons applied to pay renewal premiums
Dividends coupons and reductions left with the company to
accumulate at interest
Expense of investigation and settlement of policy claims
Commissions to agents less commission on reinsurance
First years premiums 11582049 renewal premiums
337857 annuities original 17250 total
Compensation of managers and agents not paid in com
mission for serviee in obtaining new insurance
ey supervision and traveling expenses of supervisors
except compensation for home office supervision
41000 00
00
4 07
8997 66
68 01
1687 56
3667 12
2863 55
13236 34
10 00
U9371 56
8815 00
7558 05
ComptrollerGenerals Eeport
699
24 Branch office expenses including salaries of managers and
clerks not included in item 22 19 go6 59
25 Medical examiners fees 1491902 inspection of risks 3
97166 total 18890 68
26 Salaries and all other compensation of officers directors
trustees and home office employees 41 242 43
27 Rent less 79656 received under sublease 5 336 47
28 Advertising 497386 printing and stationery 872256
postage telegraph telephone and express 433333 ex
change 42148 total lg 431 23
29 Legal expense not included in item 16 3 935 4g
30 Furniture fixtures and safe branch office 40049 home
office 309269 3 493 18
31 Repairs and expenses other than taxes on real estate 400 77
32 Taxes on real estate 3 40
33 State taxes on premiums 2 425 35
34 Insurance department licenses and fees 2963 96
36 Federal corporation tax agents licenses 897 88
37 Municipal licenses 379 79
38 Personal property tax 1 51 gg
40 Collection fees g50 34
41 Traveling expenses general 1 211 42
Loan appraisement and expenses 859 68
42 Employees bonds 195 00
Agents bonds 559 03
43 Incidental expenses 1 353 99
44 Premium on bonds borrowed 777 po
45 Suspense account No 2 503 90
46 Agents balances charged off 4 343 139
47 Gross loss on sale or maturity of ledger assets viz Bonds 441 25
49 Total disbursements 334 475 77
IVLedger Assets
1 Book value of real estate 45000 00
2 Mortgage loans on real estate first liens 892489 50
3 Loans secured by pledge of bonds stocks
or other collateral 05793 50
4 Loans made to polieyholders on this com
panys policies assigned as collateral 48662 57
5 Premium notes on policies in force 7784 46
6 Book value of bonds 71442092 and stocks
10244000 total 816860 92
7 Cash in companys office 200 00
9 Deposits in trust companies and banks on
interest 58520 09700
ComptrollerGenerals Eeport
10 Bills receivable 271262 agents balances
debit 1867338 credit 44099 net
1823239 total 20945 01
Cash deposit with Republic of Panama 50000 00
11 Furniture and fixtures 15000 00
12 Total ledger assets 2021256 05
NonLedger Assets
13 Interest accrued on mortgages 12571 20
14 Interest accrued on bonds 4256 52
15 Interest accrued on collateral loans 951 07
18 Accrued interest on Panama deposit 2500 00
19 Declared dividends on bank stocks 1650 00
20 Rents accrued on companys property or
lease 316 3S
21 Total interest and rents due and accrued
24 Due from other companies for losses or claims on policies
of this company reinsured
25 Gross premiums due and unreported on poli
cies in force December 31 1913 less re
insurance premiums
26 Gross deferred premiums on policies in
force December 31 1913 less reinsurance
premiums
22245 17
5000 00
15151 72
33696 82
27 Totals
28 Deduct loading
48848 54
16817 00
29 Net amount of uncollected and deferred premiums
32031 r4
35 Gross assets 2080532 76
Deduct Assets Not Admitted
37 Supplies stationery printed matter furni
ture fixtures and safes
38 Agents debit balances
41 Premium notes and loans on policies and net
premiums and bills receivable in Item 2
in excess of the net value of their policies
43 Book value of ledger assets over market
value viz Bonds over amortized value
10722 bank stocks over market 15
44000 total
Total
15000 00
18232 39
1100 00
1V47 22
4987 61
16 Admitted assets 20306j 15ComptrollerGenerals Report
701

VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
American experience table at 3 per cent
on all business in the United States of
America 10269561 414708 00
Same for reversionary additions 642 00
Total
N Y L Trop experience table at 3 per cent on all busi
ness in the West Indies and Central America 2355
231
Other tables and rates viz Coupons and reduction on de
posit
Net present value of annuities including those in reduction
of premiums American experience 3 per cent
Total
Deduct net value of risks of this company reinsured in other
solvent companies
415350 00
43029 00
36037 00
3300 00
497716 00
4320 00

12
22
23
25
27
28
29
34
38
Balance
Extra reserve for total and permanent disability benefits
included in life policies
Net reservei
Claims for death losses in process of adjustment or adjusted
and not due
Premiums paid in advance including surrender values so
applied
Unearned interest and rent paid in advance
Commissions to agents due or accrued agents credit bal
ances
Salaries rents office expenses bills and accounts due or
accrued
Medical examiners fees 134350 and inspection fees
328 due or accrued total
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
1912 persistency fund includes int of 800
493396 00
3155 00
496551 00
1000 00
294 19
1411 IS
440 99
2114 19
1671 50
6500 00
900 00
319 00702 CompteolleeGeneeals Kepobt
42 Bonus commissions contingent est 250 250 00
43 Annual dividends on deposit 250 00
44 Suspense No 1 980 77
45 Income tax on officials salaries held in trust for U S
Government 8 33
46 Capital stock 925000 00
47 Unassigned funds surplus 590312 00
48 Total 2030658 J 5
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 74 278108 00
18 Policies on the lives of citizens of said State is
sued during the year 141 359494 00
19 Total 215 637602 00
20 Deduct ceased to be in force during the year 52 184882 00
21 Policies in force December 31 163 452720 00
23 Losses and claims incurred during the year 3 7000 00
25 Losses and claims settled during the year in cash 3 7000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 10554 49
PENN MUTUAL LIFE INSURANCE COMPANY OF PENNSYLVANIA
Home Office 921 923 and 925 Chestnut Street Philadelphia Penna
George K Johnson President John Humphreys Secretary and Treasurer
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year131119320 34
4 Extended at 131119320 34
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 2414784 77ComptrollerGenerals Report 703
6 Surrender values applied to pay first years
premiums 17122 53
7 Total first years premiums on original
policies 2432507 30
8 Dividends applied to purchase paidup addi
tions and annuities 185 435 91
9 Surrender values applied to purchase paid
up insurance and annuities 239 953 13
10 Consideration for original annuities involv
ing life contingencies 422 151 37
11 Consideration for supplementary contracts
involving life contingencies 16 415 80
12 Total new premiums 3 rgg 53 gj
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 3388747
for reinsurance on renewals 16334686 61
14 Dividends applied to pay renewal premiums 1987923 49
16 Surrender values applied to pay renewal
premiums 3i973 25
17 Renewal premiums for deferred annuities 11832 50
18 Total renewal premiums 18 338 415 85
21 Consideration for supplementary contracts not involving life
contingencies 365479 33
22 Dividends left with the company to accumulate at interest 26055 62
24 Gross interest on mortgage loans less 39
70056 accrued interest on mortgages ac
quired during 1913 2792998 00
25 Gross interest on collateral loans 101059 49
26 Gross interest on bonds and dividends on
stocks less 4228275 accrued interest on
bonds acquired during 1913 2268 147 49
27 Gross interest on premium notes policy
loans or liens 1 944 400 2
28 Gross interest on deposits in trust companies
and banks 85 012 48
30 Bills receivable etc 9 056 99
32 Gross discount on claims paid in advance
endowments paid within one year of ma
turity 1644 15
33 Gross rent from companys property in
cluding 5492000 for companys occu
pancy of its own buildings 149436 23
34 Total gross interest and rents g 651 754 95
36 Bonuses on mortgages H 590 26704
ComptrollerGenerals Report
37 Recovery of loss on Austin Texas water bonds 7225 40
38 Trust funds received being proceeds of death claims left
with company at interest 18883 13
42 Gross profit on sale or maturity of ledger assets viz Real
estate 2946665 bonds 4369802 total 73164 07
44 Total income 28789082 72
IIIDisbursements
1 For death claims less 1840000 reinsur
ance 614517906 additions 35
02400 total 6180203 06
2 For matured endowments 228174533 ad
tions 4600700 total 2327712 33
4 Net amount paid for losses and matured endowments 8567955 39
5 For annuities involving life contingencies 415365 93
6 Premium notes and liens voided by lapse less 1988181 res
torations 77660 38
7 Surrender values paid in cash or applied in liquidation of
loans or notes 2719190 16
8 Surrender values applied to pay new premiums 1772253
to pay renewal premiums 397325 total 21695 78
9 Surrender values applied to purchase paidup insurance and
annuities 239953 13
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 817607 81
11 Dividends applied to pay renewal premiums 1987923 49
13 Dividends applied to purchase paidup additions and annui
ties 185485 91
14 Dividends left with the company to accumulate at interest 26055 62
15 Total paid policyholders 14998893 60
16 Expense of investigation and settlement of policy claims
including 1917526 for legal expenses
17 Paid for claims on supplementary contracts no1 involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
20 Commissions to agents less commissions on reinsurance
First years premiums 109859351 renewal premiums
114791612 annuities original 2237950 renew
al 295911 total 2271878 24
21 Commuted renewal commissions
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 26558 21
20276 33
278814 92
3166 08
821 73
1231 97ComptrollerGenerals Report
705
24 Branch office expenses including salaries of managers and
clerks not included in Item 22 133838 38
25 Medical examiners fees 13903785 inspection of risks
2146646 total 160504 31
26 Salaries and all other compensation of officers directors
trustees and home office employees 489732 66
27 Rent including 54920 for companys occupancy of its
own buildings 142284 10
28 Advertising 2132354 printing and stationery 6161458
postage telegraph telephone and express 7157446
exchange 760 total 154520 18
29 Legal expense not included in item 16 16814 21
30 Furniture fixtures and safes 15546 40
31 Repairs and expenses other than taxes on real estate 44310 93
32 Taxes on real estate 33582 38
33 State taxes on premiums 320532 70
34 Insurance department licenses and fees 20056 06
36 Federal corporation tax 13134 23
37 Municipal and State licenses compulsory advertising etc 11888 04
38 Taxes on investments 281560 70
40 Investment inspections traveling and other expenses inci
dent thereto 7187 69
41 Election expenses 1115 34
42 Home office expenses supplies etc 37087 78
43 Compromise of Gillen suit etc 1434 25
46 Agents balances charged off 927 45
48 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 89618 63
49 Total disbursements 19663317 50
IVLedger Assets
1 Book value of real estate 2822945 70
2 Mortgage loans on real estate first liens 55676518 43
3 Loans secured by pledge of bonds stocks or
other collateral 1972300 00
4 Loans made to policyholders on this com
pany s policies assigned as collateral 20654521 65
5 Premium notes on policies in force of which
6245432 is for first years premium 3921568 50
6 Book value of bonds 5206734150 and
stocks 33280637 total 52400147 87
7 Cash in companys office 15508 51
9 Deposits in trust companies and banks on
interest 2439904 56706
ComptbolleeGeneeals Eepobt
10
11
12
13
14
15
16
18
19
20
21
Bills receivable 17593306 agents bal
ances debit 1567302 credit 6057
net 1506645 total
Bills receivable for premiums
190999 51
150670 83
Total ledger assets 140245085 58
NonLedger Assets
Interest due 705142 and accrued
39347 on mortgages total
Interest accrued on bonds
Interest accrued on collateral loans
Interest due 115000 and accrued 10
58032 on premium notes policy loans or
liens total
Interest accrued on bills receivable
Interest accrued on bills receivable for pre
miums
Eents due 20000 and accrued 541409
on companys property or lease total
988444 89
768220 2
21163 63
11730 32
1942 70
1861 55
5614 09
Total interest and rents due and accrued 1798977 39
26
Market value of real estate over book value
New Business
Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums
Gross deferred premiums on
policies in force Decem
ber 31 1913 less rein
surance
1450 00
Renewals
11404 32 1938053 17
97150 85
1317393 22
27
28
29
31
35
38
39
Totals 108555 17 3255446 39
Deduct loading Lii39 36 699920 97
Net amount of uncolleeted
and deferred premiums 85215 81 2555525 42
hecks for annuities issued in advance but not delivered
2640741 23
8295 19
Gross assets 144694549 37
Deduct Assets Not Admitted
Agents debit balances gross 15673 02
Cash advanced to or in the hands of officers
or agents all to agents 175933 06
ComptrollerGenerals Report 707
40 Bills receivable for premiums 150670 83
41 Premium notes and loans on policies and net
premiums in Item 29 in excess of the net
value of their policies 26813 13
43 Book value of ledger assets over market
value viz Book value of bonds and
stocks over market value 1859996 85
44 Interest accrued on bills receivable 3804 25
45 Total 2232891 14
46 Admitted assets142461658 23
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany s actuary on the following tables of mortality and
rates of interest viz
2 American experience table at 3 per cent on
all insurance 114119972 00
Same for reversionary additions 1446231 00
Total 115566203 00
5 Net present value of annuities including
those in reduction of premiums
American 3 per cent table 524670 00
McClintocks 3 per cent table 3869327 00
Total 4393997 00
Total119960200 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 98595 00
8 Net reserve119861605 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
companys actuary 2800178 00
12 Claims for death losses in process of ad
justment or adjusted and not due 597763 23
13 Claims for death losses reported for which
no proofs have been received 70089 27
16 Claims for death losses and other policy
claims resisted by the company 1976 98
19 Total policy claims 669829 48
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 69609 90708 ComptrollerGeneral s Eeport
22 Premiums paid in advance including surrender values so
applied 82639 75
23 Unearned interest and rent paid in advance 563494 30
24 Commissions due to agents on premium notes when paid 69961 58
27 Salaries rents office expenses bills and accounts due or ac
crued 6596 28
28 Medical examiners fees 17326 00
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 409575 34
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 554649 07
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 3801000 00
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 660563 89
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35 8945309 92
38 Reserve for mortality fluctuation 1438929 00
39 Reserve for asset fluctuation and other contingent liabilities 2438686 53
0 Reserve for trust deposits 7988 00
42 Proceeds of policies left with company at interest 29541 19
43 Matured credits awaiting proof 34175 00
48 Total 142461658 23
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 year14793 27822052 00
18 Policies on the lives of citizi as of said State is
sued during the year 2128 4533039 00
19 Total 16921 32355091 00
20 Deduct ceased to be in force during the year in
cluding 12138300 transferred from said State
because of change of residence 840 1749739 00
21 Policies in force December 31 16081 30605352 00
22 Losses and claims unpaid December 31 of previous
year 7 10000 00
2 Losses ami claims incurred during year 137 304239 50
24 Total 144 314239 50
25 Losses and claims settled during the year in cash 128 290637 50ComptrollerGeneral s Report
709
26 Losses and claims unpaid December 31 16 23602 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 1003655 11
PHILADELPHIA LIFE INSURANCE COMPANY
Home Office N E Corner Broad and Sansom Streets Philadelphia Penna
Andrew J Maloney President William H Hubbard Secretary
Hon Wm A Wright Insurance Commissioner Atlanta Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 560320 00
2 Amount of ledger assets as per balance
December 31 of previous year 3208478 71
4 Extended at 3208478 71
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 64728 tfor first
years reinsurance
8 Dividends applied to purchase paidup addi
tions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
12 Total new premiums
13 Eenewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 514753
for reinsurance on renewals
14 Dividends applied to pay renewals
16 Surrender values applied to pay renewal pre
miums
97082 57
5783 97
2672 39
105638 93
710792 08
50261 67
1181 90
18 Total renewal premiums
19 Extra premhims for total and permanent disability benefits
20 Total premium income
21 Consideration for supplementary contracts not involving life
contingencies
22 Dividends left with the company to accumulate at interest
762235 65
608 08
863382 66
224 51
4859 00710
CoMPTROLLERGrENERALs KePORT
23 Ledger assets other than premiums received from other
companies for assuming their risks
24 Gross interest on mortgage loans 90677 16
26 Gross interest on bonds and dividends on
stocks less 157208 accrued interest on
bonds acquired during 1913 32427 23
27 Gross interest on premium notes policy loans
or liens 27933 47
28 Gross interest on deposits in trust companies
and banks 7311 29
29 Gross interest on other debts due the com
pany 3354 28
33 Gross rent from companys property 2368 32
34 Total gross interest and rents
36 Accident and health department
42 Gross profit on sale or maturity of ledger assets viz Bonds
54082 13
164071 75
247133 88
6648 00
44 Total income 1338820 41
IIIDisbursements
1 For death claims less 02951 reinsurance 23037656
additions 362000 total
6 Premium notes and liens voided by lapse less 669 restora
tions
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay renewal premiums
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and an
nuities
14 Dividends left with the company to accumulate at interest
234376 56
6495 40
68392 05
1181 90
2672 39
5851 47
5021 67
5783 97
4859 00
15 Total paid policyholders 379774 41
16 Expense of investigation and settlement of policy claims in
cluding 138184 for legal expense 5447 05
17 Paid for claims on supplementary contracts not involving
life contingencies 4C2 98
19 Paid stockholders for interest or dividends 33619 20
20 Commissions to agents less commission on reinsurance
First years premiums 6281583 renewal premiums
5515867 total 117974 50
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 5426 30ComptrollerGenerals Eeport
711
24 Branch office expenses including salaries of managers and
clerks not included in Item 22
Medical examiners fees 8557 inspection of risks 3
72806 total
Salaries and all other compensation of officers directors
trustees and home office employees
Rent
Advertising 193846 printing and stationery 735200
postage telegraph telephone and express 607135
total
29 Legal expense not included in Item 16
30 Furniture fixtures and safes
Repairs and expenses other than taxes on real estate
25
16
27
28
31
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
37 Municipal and State licenses
38 Tax on capital stock
40 Interests and discount paid
41 Accident and health department
47 Gross loss on sale or maturity of ledger assets viz Bonds
48 Gross decrease by adjustment in book value of ledger as
sets viz Bonds for amortization of premiums
1189 83
12285 06
56646 44
8031 08
15361 81
4546 16
4561 79
1041 59
1241 17
9568 44
2779 11
613 74
1768 20
4696 50
429 19
273251 69
375 69
1018 69
49 Total disbursements 942112 62
IVLedger Assets
1 Book value of real estate 86087 89
2 Mortgage loans on real estate first liens 1785850 00
4 Loans made to policyholders on this com
pany s policies assigned as collateral 397400 44
5 Premium notes on policies in force of which
215769 is for first years premiums 209501 85
6 Book value of bonds 837533 64
7 Cash in companys office 4782 12
9 Deposits in trust companies and banks on
interest 275340 04
10 Agents balances debit 427929 credit
387798 net 401 31
11 Accident and health department 8289 21
12 Total ledger assets 3605186 50
NonLedger Assets
13 Interest due 819520 and accrued 24
07600 on mortgages total
32271 20712
ComptrollerGeneral s Eeport
14
16
17
21
22
25
26
27
28
Interest due 750 and accrued 12939 on
bonds total 13689 00
Interest due on premium notes policy loans
or liens 14236 74
Interest accrued on other assets 2094 91
Total interest and rents due and accrued
Market value of real estate over book value
Gross premiums due and unreported on poli
cies in force December 31 1913 less re
insurance premiums
Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums
62291 85
3912 11
50919 00
20703 00
Totals
Deduct loading
71622 00
15912 00
29 Net amount of uncollected and deferred premiums 55710 00
35 Gross assets 3727100 46
38
41
42
43
44
45
46
Deduct Assets Not Admitted
Agents debit balances gross
Premium notes and loans on policies and
net premiums in Item 29 in excess of the
net value of their policies
Overdue and accrued interest on bonds in
default
Book value of ledger assets over market
value viz Bonds
Banks
Accident and health department
4279 20
6328 00
1250 00
6187 50
539 08
388 06
Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed on the fol
lowing tables of mortality and rates of interest viz
American experience table at 3 per cent
on all business 2734143 00
Same for reversionary additions 20277 00
3708128 53
i
Total 2754420 00
Deduct net value of risks of this company
reinsured in other solvent companies 2491 00
Total 2751929 00CompteolleeGenebals Repoet
713
7 Extra reserve for total and permanent dis
ability benefits
1537 00
8 Net reserve 2753466 00
9 Present value of amounts not yet due on supplementary eon
tracts not involving life contingencies 10234 55
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be demanded 3133 00
12 Claims for death losses in process of ad
justment or adjusted and not due 21000 00
13 Claims for death losses reported for which
no proofs have been received 9919 08
16 Claims for death losses and other policy
claims resisted by the company 20000 00
19
21
23
24
27
28
29
34
36
44
46
47
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 due to agents on premium notes when paid
Salaries rents office expenses bills and accounts due or ac
crued
Medical examiners fees
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35
Accident and health department
Capital stock
Unassigned funds surplus
50919 08
38145 00
2388 00
14216 00
3001 13
1809 00
756 00
11521 00
32095 00
19048 00
23179 00
560320 00
183897 77
48 Total 3708128 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 6 12034 00
20 Deduct ceased to be in force during the year 1 2534 00
21 Policies in force December 31 5 9500 00714
ComptrollerGenerals Report
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses
1821 86
PHOENIX MUTUAL LIFE INSURANCE COMPANY
John M Holcombe President Silas H Cornwell Secretary
Charles S Northern Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 33435230 99
4 Extended at 33435236 99
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 335908 for first
years reinsurance 691616 01
6 Surrender values applied to pay first years
premiums 8654 34
7 Total first years premium on original poli
cies 700270 35
8 Dividends applied to purchase paidup ad
ditions and annuities 135637 85
9 Surrender values applied to purchase paidup
insurance and annuities 83634 22
10 Consideration for original annuities involv
ing life contingencies 83490 85
11 Consideration for supplementary contracts
involving life contingencies 20333 00
12 Total new premiums 1023366 27
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 3598569
for reinsurance on renewals 4154958 12
14 Dividends applied to pay renewal premiums 522478 17
15 Dividends applied to shorten the endowment
or premiumpaying period 7842 00
16 Surrender values applied to pay renewal pre
miums 25643 89
18r Total renewal premiums 4710922 18
20 Total premium income 5734288 45CompteollerGenebal s Eepoet
715
21 Consideration for supplementary contracts not involving
life contingencies
22 Dividends left with the company to accumulate at interest
24 Gross interest on mortgage loans less 8
26871 accrued interest on mortgages ac
quired during 1913 1125097 93
26 Gross interest on bonds and dividends on
stocks less 311136 accrued interest on
bonds acquired during 1913
27 Gross interest on premium notes policy loans
or liens
28 Gross interest on deposits in trust companies
and banks
30 Interest on debts paid by agents
33 Gross rent from companys property includ
ing 17500 for companys occupancy of
its own buildings 51751 99
325938 03
250553 41
15112 17
147 16
19960 00
128105 25
34 Total gross interest and rents
36 Mortgage loan commissions received
37 Guarantee of mortgage loans
41 From agents balances previously charged off
42 Gross profit on sale or maturity of ledger assets viz Bonds
333600 stocks 1098908 total
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds for accrual of discount
1769522 52
3718 88
241 00
7487 82
14325 08
2954 25
44 Total income 7680603 25
IIIDisbursements
1 For death claims less 250000 reinsur
ance 159786288 additions 29
41502 total 1627277 90
2 For matured endowments less 3000000 re
insurance 70843550 additions 34
78117 total 743216 67
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums 865434
to pay renewal premiums 2564389 total
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
2370494 57
30533 91
35 04
741279 03
34298 U
83634 22
64756 78716
ComptrollerGenerals Eeport
11 Dividends applied to pay renewal premiums 522478 17
12 Dividends applied to shorten the endowment or premium
paying period 7842 00
13 Dividends applied to purchase paidup additions and annui
ties 135637 85
14 Dividends left with the company to accumulate at interest 128105 25
15 Total paid policyholders 4119095 05
16 Expense of investigation and settlement of policy claims
including 134811 for legal expense 1797 68
17 Paid for claims on supplementary contracts not involving
life contingencies 13653 67
18 Dividends and interest thereon held on deposit surrendered
during the year 46957 20
20 Commissions to agents less commission on reinsurance
First years premiums 30837131 renewal premiums
26508109 annuities original 304056 total 576492 96
21 Commuted renewal commissions 34995 52
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 23135 11
23 Agency supervision and traveling expenses of supervisors
including compensation for home office supervision 21755 98
24 Branch office expenses including salaries of managers and
clerks not included in item 22 173346 34
25 Medical examiners fees 5569527 inspection of risks
800064 total 63695 91
26 Salaries and all other compensation of officers directors
trustees and home office employees 197546 91
27 Rent including 17500 for companys occupancy of its
own buildings 17950 00
28 Advertising 346730 printing and stationery 3815088
postage telegraph telephone and express 1473140 ex
change 1455 total 56364 13
29 Legal expense not included in item 16 3 311 50
30 Furniture fixtures and safes io 391 27
31 Repairs and expenses other than taxes on real estate 21409 47
32 Taxes on real estate 3491 33
33 State taxes on premiums 68 459 71
34 Insurance department licenses and fees 6 509 15
35 All other licenses fees and taxes Federal corporation tax
147956 State treasurers and recorders fees and sure
ty bonds 14609 tax franchise 8227947 reserve 3
f 74463 municipal licenses and taxes 204483 pub
lishing abstracts 73542 total 90430 00
39 Other disbursements Home office traveling expenses 4
14779 miscellaneous expenses 1644441 mortgage loan
expenses 823028 commissions paid on loans 19
48393 total 48306 41ComptrollerGeneral s Report
717

47 Gross loss on sale or maturity of ledger assets viz Real
estate 330000 bonds 120625 total 4506 25
48 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 100000 bonds for amortization
of premium 1525400 stocks 642500 total 22679 00
49 Total disbursements 5626280 55
9
10
12
13
14
16
17
21
22
25
26
27
28
IVLedger Assets
Book value of real estate 695550 00
Mortgage loans on real estate first liens 21974990 00
Loans made to policyholders on this com
panys policies assigned as collateral 5185377 80
Premium notes on policies in force 69516 03
Book value of bonds 673365600 and
stocks 34224000 total 7075896 00
Cash in companys office 328 54
Deposits in trust companies and banks on
interest 486665 91
Agents balances debit 662592 credit
539051 net 1235 41
Total ledger assets 35489559 69
NonLedger Assets
Interest due 846794 and accrued 461
25267 on mortgages
Interest accrued on bonds
Interest due 2040848 and accrued 14
70342 on premium notes policy loans or
liens
Interest due on other assets
469720 61
49423 92
35111 90
22 00
Total interest due and accrued
Market value of real estate over book value
Gross premiums due and unreported on poli
cies in force December 31 1913 less re
insurance premiums 291294 18
Gross deferred premiums on policies in
force December 31 1913 less reinsurance
premiums 323701 35
554278 43
5500 00
Totals
Deduct loading
614995 53
140265 77
29 Net amount of uncollected and deferred premiums 474729 76
35 Gross assets 36524067 88718 CompteolleeGenebals Eepoet
Deduct Assets Not Admitted
38 Agents debit balances gross 6625 92
41 Premium notes and loans on policies and net
premiums in Item 29 in excess of the net
value of their policies 928 24
44 Stocks and bonds 350204 00
45 Total 357758 16
46 Admitted assets 36166309 72
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the
company on the following tables of mortality and rates
of interest viz
1 Actuaries table at 4 per cent on policies
issued prior to January 1 1901 15903408 00
Same for reversionary additions 596845 00
Total 16500253 00
American experience table at 3 per cent on
participating policies issued after Janu
ary 1 1901 and all 1907 to 1913 issues
and extended insurance 15068555 00
Same for reversionary additions 437522 00
Total 15506077 00
3 American experience table at 3 per cent on nonpartici
pating policies issued for years 19011906 inclusive 948445 00
4 Other tables and rates viz Extra reserve on policies
where dividends have been applied to shorten the endow
ment or premiumpaying period valued by American
experience table at 3 per cent 36457 00
5 Net present value of annuities including
those in reduction of premiums Mc
Clintocks annuity table 3y2 per cent 488358 00
Present value of amounts used in reduction
of premiums valued at American 3 per
cent 28431 00
Total 516789 00
Total 33508021 00ComptrollerGenerals Report
719
5 Deduct net value of risks of this company reinsured in other
solvent companies
8 Net reserve I
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
company
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded
12 Claims for death losses in process of adjust
ment or adjusted and not due 24201 54
13 Claims for death losses reported for which
no proofs have been received 105370 92
14 Reserve for net death losses incurred but urr
reported 25000 00
16 Claims for death losses and other policy
claims resisted by the company 14000 00
107960 00
33400001 00
73052 00
14278 11
22
23
25
19 Total policy claims
21 Dividends left with the company to accumulate at interest
and accrued interest thereon
Premiums paid in advance including surrender values so ap
plied
Unearned interest and rent paid in advance
Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or ac
crued
28 Medical examiners fees
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums
34 Dividends declared on or apportoined to annual dividend pol
icies payable to policyholders during 1914 whether con
tingent upon the payment of renewal premiums or other
wise
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35
38 Contingent deferred term dividend
39 Reserve for special paidup option
47 Unassigned funds surplus
168572 46
337630 12
38055 24
119662 79
9724 38
2795 06
3201 00
65329 70
66784 77
843745 00
27040 75
23359 69
13861 93
5000 00
954155 72
48 Total 36166309 72720 ComptrollerGenerals Keport
Business in the State of Georgia During the Tear
No Amount
17 Policies on the lives of citizens of said State in
force December 31 of previous year 1083 2741564 00
18 Policies on the lives of citizens of said State is
sued during the year 112 211146 00
19 Total 1195 2952710 00
20 Deduct ceased to be in force during the year 96 290487 00
21 Policies in force December 31 1099 2662223 00
23 Losses and claims incurred during year 18 59214 46
25 Losses and claims settled during the year in cash 17 48100 46
26 Losses and claims unpaid December 31 1 11114 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 81959 54
PITTSBURGH LIFE AND TRUST COMPANY
W C Baldwin President James H Mahan Secretary
Wm A Wright 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 23329673 55
4 Extended at 23329673 55
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 39973 for first years
reinsurance 431037 90
8 Dividends applied to purchase paidup addi
tions and annuities 37595 08
9 Surrender values applied to purchase paidup
insurance and annuities 39119 00
10 Consideration for original annuities involv
ing life contingencies 5692 90
12 Total new premiums 513444 88ComptrollerGenerals Report 721
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 447326
for reinsurance on renewals 2366954 70
14 Dividends applied to pay renewal premiums 35478 36
16 Surrender values applied to pay renewal pre
miums 19189 82
17 Eenewal premiums for deferred annuities 125 97
18 Total renewal premiums 2421748 85
19 Extra premiums for total and permanent disability benefits
154405 and for additional accidental death benefits
502087 included in life policies total 6564 92
20 Total premium income 2941758 65
21 Consideration for supplementary contracts not involving life
contingencies 36999 00
22 Dividends left with the company to accumulate at interest 2661 25
24 Gross interest on mortgage loans 331797 42
25 Gross interest on collateral loans 180 00
26 Gross interest on bonds and dividends on
stocks 175611 81
27 Gross interest on premium notes policy
loans or liens 220592 37
28 Gross interest on deposits in trust companies
and banks 6076 91
32 Gross discount on claims paid in advance 567 16
33 Gross rent from companys property in
cluding 22800 for companys occupancy
of its own buildings 245267 78
34 Total gross interest and rents 980093 45
36 Profit and loss 1565 43
37 Federal income tax coll aect 40 00
38 Deposit on lease 5000 00
41 From agents balances previously charged off 2439 53
43 Gross increase by adjustment in book value of ledger as
sets viz Eeal estate52753822 bonds for accrual of
discount 5789 08 total 533326 30
44 Total income 4503883 61
IIIDisbursements
1 For death claims 158217547 additions
2850251 total 1610677 98
2 For matured endowments 49281800 ad
ditions 502856 total 497846 56
3 For additional accidental death benefits 745 34722
ComptrollerGenerals Eeport
4 Net amounts paid for losses and matured endowments 2109269 88
5 For annuities involving life contingencies 18328 48
7 Surrender values paid in cash or applied in liquidation of
loans or notes 645140 37
8 Surrender values applied to pay renewal premiums 19189 82
9 Surrender values applied to purchase paidup insurance and
annuities 39119 00
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 133710 58
11 Dividends applied to pay renewal premiums 35478 36
13 Dividends applied to purchase paidup additions and annui
ties 37595 08
14 Dividends left with the company to accumulate at interest 2661 25
15 Total paid policyholders 3040492 82
16 Expense of investigation and settlement of policy claims 456 16
17 Paid for claims on supplementary contracts not involving
life contingencies 14521 91
18 Dividends and interest thereon held on deposit surrendered
during the year 1695 96
19 Paid stockholders for interest or dividends 100000 00
20 Commissions to agents less commission on reinsurance
First years premiums 11667419 renewal premiums
6916076 annuities original 13425 total 185969 20
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 16055 91
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 114555 29
24 Branch office expenses including salaries of managers and
clerks not included in item 22 17269 55
25 Medical examiners fees 2638481 inspection of risks
420126 total 30586 07
26 Salaries and all other compensation of officers directors
trustees and home office employees 121699 19
27 Rent 22800 00
28 Advertising 1928156 printing and stationery 15
34254 postage telegraph telephone and express 14
08962 total 48713 72
29 Legal expense not included in item 16 5965 96
30 Furniture fixtures and safes 1259 03
31 Repairs and expenses other than taxes on real estate 63597 61
32 Taxes on real estate 62994 72
33 State taxes on premiums 25 582 16
34 Insurance department licenses and fees 6780 14
36 Federal corporation tax 2130 96
37 Capital stock tax 10132 95
38 Tax on mortgage 15000 00
40 Suspense account 125 62
41 Interest on deposit on lease 1328 71ComptrollerGenerals Beport 723
42 General expense 2752 94
43 Investment expenses 37210 00
47 Gross loss on sale or maturity of ledger assets viz Bonds 27 21
48 Gross decrease by adjustment in book value of ledger as
set Eeal estate 36942916 bonds for amortization
of premium 170636 total 371135 52
49 Total disbursements 4320839 31
IVLedger Assets
1 Book value of real estate 5101588 56
2 Mortgage loans on real estate first liens 9509375 00
3 Loans secured by pledge of bonds stocks or
other collateral 3000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 4290257 43
5 Premium notes on policies in force 81616 45
6 Book value of bonds 408226094 and
stocks 4765130 total 4129912 24
7 Cash in companys office 1728 48
9 Deposits in trust companies and banks on
interest 364039 26
10 Bills receivable 613 43
11 Washington Life stock 2488700 cont
rev 570000 total 30587 00
12 Total ledger assets 23512717 85
NonLedger Assets
13 Interest due 625700 and accrued 81
02217 on mortgages 87379 67
14 Interest accrued on bonds 47763 74
16 Interest due 1931161 and accrued 23
29112 on premium notes policy loans or
liens 42602 73
17 Intest accrued on other assets 325 25
20 Rents due on companys property or lease 2249 54
21 Total interest and rents due and accrued 180320 93
25 Gross premiums due and unreported on pol
icies in force December 31 1913 less re
insurance premiums 142268 72724
ComptrollerGenerals Eeport
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums
27 Totals
28 Deduct loading
218288 41
360557 13
65159 45
29 Net amount of uncolleeted and deferred premiums
295397 68
35 Gross assets 23988436 46
Deduct Assets Not Admitted
40 Bills receivable 613 43
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of the
net value of their policies 8418 68
44 Washington Life stock 24887 00
45 Bonds not subject to amortization 137500
stocks 6400 total 143900 00
Total
177819 11
46 Admitted assets 23810617 35
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 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 on 9754611 00
Same for reversionary additions 150337 00
Total 9904948 00
2 American experience table at 34 per cent
on 6741994 00
Same for reversionary additions 112008 00
Total 6854002 00
3 American experience table at 3 per cent on 4478951 00
5 Net present value of annuities including
those in reduction of premiums
American 3 per cent 56781 00
Actuaries 4 per cent 74251 00
Total
131032 00
Total 21368933 00CompteollekGteneeals Eepokt
no
Deduct net value of risks of this company reinsured in other
solvent companies
3400 00
Balance 21365533 00
Extra reserve for total and permanent disability benefits
96000 and for additional accidental death benefits
289000 included in life policies total 3850 00
9
10
12
13
14
15
19
21
22
23
25
27
28
29
33
36
38
39
41
Total policy claims
Dividends left with the company to accumulate at interest
and accrued interest thereon
Premiums paid in advance including surrender values so ap
plied
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 1297 and legal fees 200 due
or accrued
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
Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35
Extra reserve for incr ins in T A class
Extra reserve for sur val in excess of net val of the
policies
All other liabilities Surrender values due and unpaid
67195 suspense account 153044 dep on lease 5
000 federal income tax collection account 40 total
113496 00
516 00
ISTet reserve 21369383 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies
Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded
Claims for death losses in process of adjust
ment or adjusted and not due 76686 84
Claims for death losses reported for which
no proofs have been received 76713 70
Reserve for net death losses incurred but un
reported 11142 00
Claims for matured endowments due and un
paid 11700 37
176242 91
9254 28
23913 46
102974 33
6973 47
8246 09
1497 00
48335 66
17451 69
27053 26
5852 00
28676 00
7242 39726 ComptbollebGeneeals Kepoet
46 Capital stock 1000000 00
47 Unassigned funds surplus 869 361 81
48 Total 23810617 35
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 663 1489230 00
19 Policies on the lives of citizens of said State is
sued during the year 64 253910 00
19 Total 727 1743140 00
20 Deduct ceased to be in force during the year 118 440 432 00
21 Policies in force December 31 609 1 302 708 00
22 Losses and claims unpaid December 31 of previous
year 3 2100 00
23 Losses and claims incurred during year 10 10 215 43
24 Total 13 12315 43
25 Losses and claims settled during the year in cash
1201543 by compromise 200 total 12 12215 43
26 Losses and claims unpaid December 31 1 loo 00
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
Home Office 755 to 769 Broad Street Newark New Jersey
Forrest F Dryden President Willard I Hamilton Secretary
ICapital Stock
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31st of previous year286498181 86
4 Extended at 286498181 86
IIIncome
5 First years premiums on original policies
ordinary without deduction for commis
sions or other expenses less 270 for first
years reinsurance 3876346 84ComptrollerGenerals Report 727
6 Surrender values applied to pay first years
premiums ordinary 43 02
7 Total first years premiums on original pol
icies ordinary 3876389 86
8 Dividends applied to purchase paidup addi
tions and annuities ordinary 75097 76
9 Surrender values applied to purchase paid
up insurance and annuities ordinary 502866 80
10 Consideration for original annuities involv
ing life contingencies 329045 97
11 Consideration for supplementary contracts
involving life contingencies 10096 50
12 Total new premiums ordinary 4793496 89
13 Renewal premiums ordinary in addition
to items 14 16 and 17 without deduc
tion for commissions or other expenses
less 14203230 for reinsurance on re
newals 25145058 15
14 Dividends applied to pay renewal premiums
ordinary 458488 04
15a Annuities under supplemental contracts in
volving life contingencies applied to pay
renewal premiums ordinary 55 70
16 Surrender values applied to pay renewal pre
miums ordinary 3303 37
17 Renewal premiums for deferred annuities 2595 17
18 Total renewal premiums ordinary 25609500 43
19 Extra premiums for total and permanent disability benefits 10428 80
19a Total premium income ordinary 30413426 12
19b Industrial premiums
a Cash 48141669 18
b Surrender values applied to purchase
paidup insurance and annuities 1417987 07
c Dividends applied to pay renewal pre
miums 1126079 11
d Dividends applied to purchase paidup
additions and annuities 9844 45
Total 50695579 81
Total premium income 81109005 93
21 Consideration for supplementary contracts not involving life
contingencies 174381 73728 ComptrollerGeneral s Eeport
24 Gross interest on mortgage loans less 93
35092 accrued interest on mortgages ac
quired during 1913 4061801 45
25 Gross interest on collateral loans 143179 99
26 Gross interest on bonds and dividends on
stocks less 15041907 accrued interest
on bonds acquired during 1913 7325321 43
27 Gross interest on premium notes policy loans
or liens 1223946 34
28 Gross interest on deposits in trust com
panies and banks 220548 12
29 Gross interest on other debts due the com
pany On purchase price of property
sold under contract 2188 on revivals
and changes in premiums 1171774 on
agents indebtedness 132080 on ad
vances account of loans recovered under
foreclosure proceedings 127 74
33 Gross rent from companys property in
cluding 65510004 for companys occu
pancy of its own buildings 1088032 97
34 Total gross interest and rents 14076018 46
35 From other sources Conscience fund 56 10
42 Gross profit on sale or maturity of ledger assets viz Bonds
600454 stocks 12758500 total 133589 54
44 Total income 95493051 76
IIIDisbursements
1 For death claims 2124805114 additions
22408148 total 21472132 62
2 For matured endowments less 750000 re
insurance 74028967 additions 2
82000 total 743109 67
3 For totaland permanent disability claims 412 23
4 Net amount paid for losses and matured endowments 22215654 52
5 For annuities involving life contingencies 14875683 sup
plementary contracts 5570 ijg gi2 53
7 Surrender values paid in cash or applied in liquidation of
loans or notes 4065177 03
8 Surrender values applied to pay new premiums 4302 to
pay renewal premiums 330337 total 3346 39
9 Surrender values applied to purchase paidup insurance and
annuities 1920853 87
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 3 95 192 65ComptrollerGenerals Report
729
11 Dividends applied to pay renewal premiums 1584567 15
13 Dividends applied to purchase paidup additions and annui
ties 84942 21
15 Total paid policyholders 33848546 35
16 Expense of investigation and settlement of policy claims
including 1063965 for legal expense 35222 51
17 Paid for claims on supplementary contracts not involving
life contingencies 90722 28
19 Paid stockholders for interest or dividends 200000 00
20 Commissions to agents less commission on reinsurance
First years premiums ordinary 140377027 renewal
premiums ordinary 92157455 annuities original
1369041 renewal 11553 industrial 9091
43400 total 11430584 76
21 Commuted renewal commissions 1075 00
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 1719 22
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 357837 28
24 Branch office expenses including salaries of managers and
clerks not included in item 22 3574069 76
25 Medical examiners fees 68522175 inspection of risks
6464848 total 749870 23
26 Salaries and all other compensation of officers directors
trustees and home office employees 2818508 69
27 Kent including 65510004 for companys occupancy of
its own buldings less 60950 received under sublease 1012077 71
28 Advertising 8992929 printing and stationery 354
91904 postage telegraph telephone and express 201
55726 exchange 17553 total 646581 12
29 Legal expense not included in item 16 40284 81
30 Furniture fixtures and safes 109250 92
31 Repairs and expenses other than taxes on real estate 355602 34
32 Taxes on real estate 438179 44
33 State and provincial taxes on premiums 1116378 73
34 Insurance department licenses and fees 39585 73
35 All other licenses fees and taxes Federal corporation tax
11537059 life insurance excise tax Massachusetts
2246014 New Jersey State tax on surplus 20832000
municipal taxes and licenses 16916374 city and coun
ty taxes on premiums 535546 local licenses and privi
lege taxes 606499 provincial tax on interest receipts
3182 total 526766 74
39 Other disbursements Law library 104989 expenses of
annual audit by public accts 90000 expense of
examination by New Jersey State Department 36
75492 sundry general expenses includes contribution
of 1089604 toward expenses of the Association of730 ComptrollerGenerals Report
life insurance presidents of which 22022 was disbursed
by them for legal expenses and 443355 for legislative
expenses 19099927 premiums on surety bonds 3
04042 investment expense account 3979030 legisla
tive expenses 947427 compensation and expensp of
medical referees 15700 service retirement allowance
and payments made to disabled home office and field em
ployees 8591437 total 376179 44
47 Gross loss on sale or maturity of ledger assets viz Real
estate 25600 bonds 24462466 total 244880 66
48 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 245568 50
49 Total disbursements 58259492 22
IVLedger Assets
1 Book value of real estate 17992882 93
2 Mortgage loans on real estate first liens 92717319 72
3 Loans secured by pledge of bonds stocks or
other collateral 3011500 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 24547507 61
6 Book value of bonds 17054413934 and
stocks 263380450 total 173177943 84
8 Deposits in trust companies and banks not
on interest 640420 57
9 Deposits in trust companies and banks on
interest 11631474 26
10 Agents balances 3954 79
12 Total ledger assets 323731741 40
NonLedger Assets
1H Interest due 9328501 and accrued 1
49480150 on mortgages 1588086 51
14 Interest due 400 and accrued 2303
14073 on bonds 2303540 73
15 Interest accrued on collateral loans 30394 52
16 Interest due 13936575 and accrued
14950 on premium notes policy loans
or liens 139515 25
17 Interest due on bank balances 1025 74
29 Rents due 83833 and accrued 1207517
on companys property or lease 12913 50
21 Total interest and rents due and accrued 4075476 25ComptrollerGenerals Report
731
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 98748 90 1408407 85
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less reinsur
ance premiums ordi
nary 618157 02 4172889 90
27 Totals ordinary 716905 92 5581297 75
28 Deduct loading ordinary 107535 94 952342 65
29 Net amount of uneollected
and deferred premiums
ordinary 609369 98 4628955 10 5238325 08
29a Net amount of uneollected premiums industrial gross
139166749 deduct loading 56353256 828134 93
31 Supplies stationery printed matter 10000 00
32 Furniture fixtures and safes 50000 00
33 Law library 9 211 80
35 Gross assets 333942889 46
Deduct Assets Not Admitted
37 Supplies stationery printed matter 10
00000 furniture fixtures and safes 50
00000 law library 92118 total 69211 80
38 Agents debit balances gross 3954 79
41 Premium notes and loans on policies and net
premiums in item 29 in excess of the net
value of their policies 129 27
43 Book value of ledger assets over market
value viz Bonds and stocks 11092887 06
44 Amounts on deposit in banks which have
suspended payment 7386 39
45 Total Iljl73569 31
46 Admitted assets322769320 15
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the
company on the following tables of mortality and rates
of interest viz732 ComptrollerGeneral s Eeport
1 Actuaries table at 4 per cent on policies
issued prior to January 1 1901 except as
provided for in items 4 5 and 10 83232193 00
Same for reversionary additions 275133 00
Total 83507328 00
2 American experience table at 3 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 98814045 00
Same for reversionary additions 379543 00
Total 99193588 00
3 American experience table at Z per cent
on ordinary policies issued after July 31
1907 except as provided for in items 4
5 and 10 32547396 00
4 Other tables and rates viz
New York Standard Industrial table at 3
per cent on Industrial policies issued
after December 31 1906 except as pro
vided for in item 10 34968428 00
New York Standard intermediate table at
3 per cent on intermediate intermedi
ate rating and hazardous rating policies
issued after July 31 1907 6255002 00
Liability on account of extra premiums for
occupation residence etc 33718 00
Total 41257148 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries table at 4 per cent on original
annuities issued prior to January 1
1901 and annuities supplemental to in
surance issues in same period 201578 00
American experience table at 3 per cent
on original annuities issued after Decem
ber 31 1900 and prior to January 1
1907 and annuities supplemental to in
surance issues after July 31 1907 234562 00
American experience table at 3 per cent on
insurance element of issues after Decem
ber 31 1900 and prior to August 1 1907
and annuities supplemental to insurance
issues in same period 50508 00
McClintocks tables at 3 per cent on orig
inal annuities issued after December 31
1906 1210527 00
CompteollebGenebals Repoet
73
Hunters disability tables at 3 per cent
value of premiums waived under approved
disability claims supplemental to insur
ance issues after May 31 1912
159 00
Total 1697134 00
Total258202594 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 797737 00
Balance 257404857 0O
7 Extra reserve for total and permanent disability benefits 6399 00
8 Net reserve257411256 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
assumption of interest rates as follows On participat
ing policies issued prior to 1901 4 per cent on non
participating policies issued prior to 1901 or after July
31 1907 and on income policies 3 per cent on all
other policies 3 per cent 1065996 46
10 Liability on policies canceled and not included in net
reserve upon which a surrender value may be demanded 486886 00
12 Claims for death losses in process of ad
justment or adjusted and not due 360268 26
13 Claims for death losses reported for which
no proofs have been received 708345 93
14 Eeserve for net death losses incurred but
unreported 200000 00
15 Claims for matured endowments due and un
paid 24735 80
16 Claims for death losses and other policy
claims resisted by the company 86611 39
18 Due and unpaid on annuity claims involv
ing life contingencies 295 09
19 Total policy claims 1380256 47
20 Due and unpaid on supplementary contracts not involving
life contingencies 1450 00
22 Premiums paid in advance including surrender values so
applied 1000227 69
23 Unearned interest and rent paid in advance 656100 97
25 Commissions to agents due or accrued 18772 42
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners fees 11647878 inspection of risks
438125 and legal fees 1323798 due or accrued
80737 65
134008 01734 ComptrollerGeneral s Eeport
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 1521505 55
32 Unpaid dividends to stockholders 400000 00
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums Annual dividend policies 3561516 deferred
dividend policies 12233986 nonparticipating policies
4023930 total 198194 32
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 389971 06
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 5771244 94
35a Dividends declared on or apportioned to nonparticipating
industrial policies payable to policyholders during 1914 526859 00
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in item 35 25127123 55
37 Reserve special or surplus funds not included above Spe
cial reserve set aside prior to 1899 to prepare for a more
stringent basis of reserve on industrial policies 1000000 00
42 Surrender values due and unpaid 574 19
46 Capital stock 2000000 00
47 Unassigned funds surplus 23598065 87
48 Total 322769320 15
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 ofprevious year 6772 14392530 00
18 Policies on the lives of citizens of said State is
sued during the year 656 1605050 00
39 Total 7428 15997580 00
20 Deduct ceased to be in force during the year 530 1209382 00
21 Policies in force December 31 6898 14788198 00
22 Losses and claims unpaid December 31 of previous
year 6 9027 30
23 Losses and claims incurred during the year 55 148784 71
24 Total 61 157812 01
25 Losses and claims settled during the year in cash 58 152312 01
26 Losses and claims unpaid December 31 3 5500 00ComptrollerGeneral s Report
735
27 Premiums collected or secured in cash and notes on credits
without any deduction for losses dividends commissions
or other expenses ordinary
419345 OO
RELIANCE LIFE INSURANCE COMPANY
Home Office Fifth Avenue and Wood Street Pittsburgh Penna
James H Beid President H G Scott 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 3519606 38
4 Extended at 3519 606 38
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 850560 for first
years reinsurance 43420 L 91
8 Dividends applied to purchase paidup ad
ditions and annuities 9799 69
12 Total new premiums 444001 601
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
mission or other expenses less 1607220
for reinsurance on renewals 984280 03
14 Dividends applied to pay renewal premiums 7025 12
18 Total renewal premiums 991305 15
20 Total premium income 1435306 75
22 Dividends left with the company to accumulate at interest 271 16
24 Gross interest on mortgage loans less
80051 accrued interest on mortgages ac
quired during 1913 27969 93
26 Gross interest on bonds and dividends on
stocks less 762301 accrued interest on
bonds acquired during 1913 84916 58
27 Gross interest on premium notes policy
loans or liens 29749 66736
CoMPTROLLERGtENERALs EePORT
28 Gross interest on deposits in trust companies
and banks 4086 29
30 Interest actually paid on agents balances 4521 12
33 Gross rent from companys property 10534 96
34 Total gross interest and rents
36 Receipts accident and health department see separate state
ment filed giving details
42 Gross profit on sale or maturity of ledger assets viz Bonds
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds for accrual of discount
171778 54
57491 51
1245 78
3046 66
44 Total income 1669140 40
IIIDisbursements
1 For death claims 22031954 additions
48182 total
2 For matured endowments
220801 36
800 00
4 Net amount paid for losses and matured endowments 221601 36
6 Premium notes and liens voided by lapse 19996 84
7 Surrender values paid in cash or applied in liquidation of
loans or notes 44070 17
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes 12813 90
11 Dividends applied to pay renewal premiums 7025 12
13 Dividends applied to purchase paidup additions and an
nuities 9799 69
14 Dividends left with the company to accumulate at interest 271 16
15 Total paid policyholders 315578 24
16 Expense of investigation and settlement of policy claims
including 37200 for legal expense 2566 17
17 Paid for claims on supplementary contracts not involving
life contingencies 1000 00
20 Commissions to agents less commission on reinsurance
First years premiums 26991240 renewal premiums
3930471 total 309217 11
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 28859 16
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 2193 23
24 Branch office expenses including salaries of managers and
clerks not included in item 22 110233 39
25 Medical examiners fees 4971929 inspection of risks
1188556 total 61604 85
26 Salaries and all other compensation of officers directors
trustees and home office employees 63201 05ComptrollerGeneral s Report
737

27 Rent
28 Advertising 228621 printing and stationery 1271218
postage telegraph telephone and express 887781 to
tal
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
39 Other disbursements Library 32380 general expense
premium on agency and office bonds and miscellaneous
340231 annual audit and consulting expenses 73870
fire insurance on office furniture 2872 photographic
91984 disbursements accident department separate
statement filed giving details 4021510 total
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz Bonds
48 Gross decrease by adjustment in book value of ledger as
sets viz Bonds for amortization of premium
19920 00
23876 20
1272 06
300 37
462 00
2312 99
21293 28
7153 77
9532 54
45628 47
14701 94
301 09
4135 82
49 Total disbursements 1045343 93
IVLedger Assets
1 Book value of real estate 160090 40
2 Mortgage loans on real estate first liens 655100 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 390891 07
5 Premium notes on policies in force 248199 99
6 Book value of bonds 2367819 76
7 Cash in companys office 9272 93
8 Deposits in trust companies and banks not
on interest 33333 58
9 Deposits in trust companies and banks on
interest 93102 97
10 Bills receivable 1323401 agents balances
debit 16952197 credit 216983
net 16735214 total 180586 15
11 Judgment of record Paul Bright Wilming
ton Del 5000 00
12 Total ledger assets 4143402 85
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
7884 58
28495 36ComptrollerGenerals Report
10
21
22
25
Interest accrued on premium notes policy
loans or liens 11169 00
Interest due and accrued on bank balances 111 58
Rents due on companys property or lease 120 00
Total interest and rents due and accrued
Market value of real estate over book value approved value
by Pennsylvania Insurance Department September 2
1913
Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums
Gross deferred premiums on
policies in force Decem
ber 31 1913 less reinsur
ance premiums
New Business
3721 00
15241 50
27
28
29
31
32
35
Totals
Deduct loading
18962 50
9481 25
Renewals
185002 83
57388 70
242291 53
48478 31
Net amount of uncollected
and deferred premiums 948125 193913 22
Outstanding accident premiums details in separate state
ment filed
Office furniture and fixtures
47781 52
34756 14
203394 47
9411 45
55013 13
Gross assets 4493759 56
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Agents debit balances gross
40 Bills receivable
55013 13
169521 97
13234 01
45 Total
237769 11
46 Admitted assets 4255990 45
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
Pennsylvania Insurance Department on the following
tallies of mortality and rates of interest vizComptrollerGenerals Eeport
739
2 American experience table at 3 per cent on all policies is
sued prior to April 19th 1909
3 American experience table at 3 per cent
on all policies issued subsequent to April
19th 1909 1207391 00
Same for reversionary additions 16908 00
Total 1224299 00
Total 2894835 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 18581 00
8 Net reservefj
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies
13 Claims for death losses reported for which
no proofs have been received
16 Claims for death losses and other policy
resisted by the company
2876254 00
8392 40
12527 00
4865 67
19 Total policy claims
21 Dividends left with the company to accumulate at interest
and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
24 Commissions due to agents on premium notes when paid
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners fees
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
38 Accident and health reserve 50 per cent of gross pre
miums details given in separate statement filed
42 Accident department separate statement filed giving de
tails
46 Capital stock
47 Unassigned funds surplus
17392 67
271 16
2826 14
6839 83
992 79
535 00
23115 00
18500 00
9709 54
6275 44
30266 11
5396 73
1000000 00
270023 04
48 Total 4255990 45740 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 1322 2064217 00
18 Policies on the lives of citizens of said State is
sued during the year 341 498500 00
19 Total 1663 2562717 00
20 Deduct ceased to be in force during the year 207 318898 00
21 Policies in force December 31 1456 2243819 00
23 Losses and claims incurred during year 10 15544 00
25 Losses and claims settled during the year in cash 9 15287 00
26 Losses and claims unpaid December 31 1 25700 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 74784 21
RESERVE LOAN LIFE INSURANCE COMPANY
Chalmers Brown President W K Bellis Secretary
W 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
Dec 31 of previous year 270518390
4 Extended at 2705183 90
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 32290 for first
years reinsurance 206467 85
6 Surrender values applied to pay first
years premiums 129 81
7 Total first years premiums on original
policies 206597 66
ComptbollebGeneeal s Report
8 Dividends applied to purchase paidup ad
ditions and annuities 3 83
9 Surrender values applied to purchase paid
insurance and annuities 15339 29
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
97030 for reinsurance on renewals 563691 63
14 Dividends applied to pay renewal prem
iums 1259 12
16 Surrender value applied to pay renewal
premiums 4609 27
18 Total renewal premiums
19 Extra premiums for total and permanent disability bene
fits 135320 and for additional accidental death
benefits 135321 included in life policies
20 Total premium income
22 Dividends left with the company to accumulate at in
terest
24 Gross interest on mortgage loans less
61598 accrued interest on mortgages
acquired during 1913 88777 69
26 Gross interest on bonds and dividends on
stocks 587 00
27 Gross interest on premium notes policy
loans or liens 54999 76
28 Gross interest on deposits in trust com
panies and banks 1902 82
30 Miscellaneous from over due premiums 153 97
34 Total gross interest and rents
35 From other sources Partial payment on voided notes
2223 survivorship surplus 28000
44 Total income
IIIDisbursements
1 For death claims 157486 00
2 For matured endowments 31571 88
4 Net amounts paid for losses and matured endowments
6 Premiums notes and liens voided by lapse
7 Surrender values paid in cash or applied in liquidation
of loans or notes
741
221940 78
369560 02
2706 41
794207 21
23 13
146421 24
302 23
940953 81
189057 88
11403 58
73957 36742
CompteolleeGenebals Kepobt
8 Surrender values applied to pay new premiums 129SI
to pay renewal premiums 460927 4739 08
9 Surrender values applied to purchase paid up insurance
and annuities 15339 29
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 1774 62
11 Dividends applied to pay renewal premiums 1259 12
13 Dividends applied to purchase paid up additions and an
nuities 3 83
14 Dividends left with the Company to accumulate at in
terest 23 13
15 Total paid policyholders 29755789
16 Expense of investigation and settlement of policy
claims including 166872 for legal expense 1269 09
17 Paid for claims on supplementary contracts not involving
life contingencies 19635 14
20 Commissions to agents less commission on reinsurance
First years premiums 17045048 renewal premiums
1540560 total 185850 08
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 7800 00
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 10641 95
25 Medical examiners fees 2260350 inspection of risks
595468 total 28558 18
26 Salaries and all other compensation of officers directors
trustees and home office employees 69060 02
27 Rent 6200 00
28 Advertising 297633 printing and stationery 487996
postage telegraph telephone and express 362634 11482 63
29 Legal expense not included in item 16 2505 60
30 Furniture fixtures and safes 447 39
32 Taxes on real estate investment Marion Co Ind 1184 7S
33 State taxes on premiums 8898 68
34 Insurance department licenses and fees 2816 50
35 All other licenses fees and taxes Municipal licenses
5500 Franchise tax 10000 total 155 00
39 Other disbursements Interest paid on coupons 3807
dividends paid out of survivorship surplus 1918
miscellaneous expense 196820 investment 9032
legislative expense 2438 general Traveling expenses
598243 total 812258
46 Agents balances charged off 4049 61
49 Total disbursements 669241 32ComptrollerGenerals Report
IVLedger Assets
2 Mortgage loans on real estate 1758232 45
4 Loans made to polieyholders on this com
panys policies assigned as collateral 1098606 55
5 Premium notes on policies in force 19501 19
6 Book value of bonds 14475 00
Cash in companys office 1612 38
Deposits in trust companies and banks 72750 31
Agents balances debit 1311539 credit
139688 net 11718 51
7
9
in
743
v
12 Total ledger assets 2976896 39

13
14
16
17
21
25
26
NonLedger Assets
Interest accrued
Interest accrued on bonds
Interest accrued on premium notes policy
loans or liens
Interest due 1303 and accrued 67145
on other assets certificate of deposit
Total interest and rents due and accrued
New Business
Gross premiums due and
unreported on policies in
force Dec 31 1913 less
reinsurance premiums 33813 13
Gross deferred premiums
on policies in force Dec
31 1913 less reinsur
ance premiums
33996 92
245 75
3256 84
684 48
38183 99
Renewals
31898 03
24816 58
27
28
Totals 3381313 50714 61
Deduct loading 2420 1 I 9790 97
Net amount of uncollected
and deferred premiums 961002 46923 64 56533 66
Furniture fixtures safes supplies and stationery 8000 00
29
33
35 Gross assets 3079614 04
Deduct Assets Not Admitted
37 Furniture fixtures and safes 8000 00
38 Agents debit balances gross 1311539
secured 1804 69 11310 70744 ComptrollerGenerals Report
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of
the net value of their policies 9131 56
43 Book value of ledger assets over market
value viz City of Richmond Va Bond 575 00
45 Total 29017 26
46 Admitted assets 3050591 78
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Bee
1913 as computed by the following
tables of mortality and rates of inter
est viz
1 Actuaries table at 4 per cent on all busi
ness issued prior to Jan 1 1905 1465611 20
2 American experience table at 3 V per cent
on all business issued since Jan 1 1905 1231431 80
Same for reversionary additions 343 41
Total 2700389 44
6 Beduct net value of risks of this company
reinsured in other solvent companies 1269 10
Total 2699120 34
7 Extra reserve for total and permanent dis
ability benefits 1434 82
8 Net reserve 2700555 16
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary 1683 03
12 Claims for death losses in process of ad
justment or adjusted and not due 4500 00
13 Claims for death losses reported for which
no proofs have been received 9000 00
14 Reserve for net death losses incurred but
unreported 5000 00
16 Claims for death losses and other policy
claims resisted by tlic company 37000 GO
19 Total policy claims 55500 00
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 23 61
22 Premiums paid in advance including surrender values so
applied 2483 52ComptrollerGenerals Report 745
23 Unearned interest and rent paid in advance 27 036 09
24 Commissions due to agents on premium notes when paid 698 42
27 Salaries rents office expenses bills and accounts due
r arued 1383 70
28 Medical examiners fees 2 034 98
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement g gj o
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 216 08
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise rr3 g
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 3 207 85
37 Reserve special or surplus funds not included above
38 Coupons left with Co to accumulate int 1949852 int
thereon 90195 20 400 47
40 Survivorship dividend fund 570082 accrued inst 1
21942 toi 6920 24
45 Total 2831581 52
46 Capital stock 100000 00
47 Unassigned funds surplus 119 015 27
48 Total 3050596 78
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 479 1020310 00
18 Policies on the lives of citizens of said state
issued during the year 331 602000 00
1 Total 810 1622310 00
20 Deduct ceased to be in force during the year 222 479 210 00
21 Policies in force December 31 588 1143100 00
23 Total losses and claims incurred during year 1 1000 00
25 Losses and claims settled during the year in cash 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 40842 24746
ComptrollerGenerals Eepoet
SECURITY MUTUAL LIFE INSURANCE COMPANY OF
BLNGHAMPTON NEW YORK
Frederic W Jenkins President Charles A LaDue Secretary
Wm A Wright Atlanta Ga Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous year 6278507 61
4 Extended at 6278507 61
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 166005 for first
years reinsurance 1563S0 97
8 Dividends applied to purchase paid up ad
ditions and annuities 3443 17
9 Surrender values applied to purchase paid
up insurance and annuities 24091 78
12 Total new premiums 183915
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 3
60182 for reinsurance on renewals 1366075 72
14 Dividends applied to pay renewal prem
iums 62688 1
16 Surrender values applied to pay renewal
premiums 4664 W
18 Total renewal premiums 1133428 2i
20 Total premium income 161 731 1 19
21 Consideration for supplementary contracts not involving
life contingencies 4595 00
22 Dividends left with the company to accumulate at in
terest 83 75
24 Gross interest on mortgage loans less 1
76839 accrued interest on mortgages
accrued interest on mortgages acquired
during 1913 68456 55
25 Gross interest on collateral loans 2000 00ComptrollerGenerals Report
747
26 Gross interest on bonds and dividends on
stocks less 283431 accrued interest
on bonds acquired during 1913
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
29 Gross interest on other debts due the com
pany Premium extensions bills receiv
able etc
33 Gross rent from companys property in
cluding 1500000 for companys occu
pancy of its own buildings
102427 08
71233 76
8088 19
6254 91
45860 96
34 Total gross interest and rents 304321 45
42 Gross profit on sale or maturity of ledger assets viz
Bonds 2875 00
43 Gross increase by adjustment in book value of ledger
assets viz Bonds including 87500 for accrual of
discount 36902 65
44 Total income 1970322 04
IIIDisbursements
1 For death claims 54892765 additions
1360399 562531 64
2 For matured endowments 7000 00
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse less 35
73040 restorations
7 Surrender values paid in cash or applied in liquidation
of loans or notes
8 Surrender values applied to pay new premiums
O Surrender values applied to purchase paid up insurance
and annuities
10 Dividends paid to policyliolders in cash or applied in
liquidation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and
annuities
14 Dividends left with the Company to accumulate at in
terest
569531 64
788 81
73599 21
299343 11
4664 07
24091 78
15755 35
82688 48
3443 17
42S3 75
15 Total paid policyliolders 1051189 37748 ComptrollerGenerals Report
16 Expense of investigation and settlement of policy claims
including 163398 for legal expense 10633 98
17 Paid for claims on supplementary contracts not involv
ing life contingencies 3183 9o
18 Dividends and interest thereon held on deposit surrender
ed during the year 898 72
20 Commissions to agents less commission on reinsurance
First years premiums 6892213 renewal premiums
8441955 total 153341 68
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 703994
24 Branch office expenses including salaries of managers
and clerks not included in item 22 82206 91
25 Medical examiners fees 1933100 inspection of risks
453718 3868 18
26 Salaries and all other compensation of officers directors
trustees and home office employees 99134 24
27 Rent including 1500000 for companys occupancy of its
own buildings less 36150 received under sublease 21471 06
28 Advertising 261565 printing and stationery 415335
postage telegraph telephone and express 683081
exchange 1161 13611 42
29 Legal expense not included in item 16 2653 46
30 Furniture fixtures and safes 13m 38
31 Repairs and expenses other than taxes on real estate 14423 98
o QAQ if
32 Taxes on real estate ou
33 State taxes on premiums 22617 69
34 Insurance department licenses and fees V76 3
35 All other licenses fees and taxes Federal corporation
tax 37257
37 State taxes N C 26000 S C 15100 La 18150
Ark 10000 Miss 10400 W Va 1000 806 50
38 City and County New Orleans 12000 Hawkinsville
Ga 2000 Topeka 5000 Various 12744 317 44
39 Other disbursements Traveling not included in item 23
523153 Agents due bills paid 53946 genl office
exp 515499 legislative 17821 life ins pres Assn
25602 43423 election expenses 147448 bills re
ceivable charged off 7218 12906 87
48 Gross decrease by adjustment in book value of ledge
assets viz Stocks 3100 00
49 Total disbursements 1536769 26
IVLedger Assets
1 Book value of real estate 728644 85
2 Mortgage loans on real estate 1496800 00I
COMPTBOLLEEGrENEBAL S REPORT
749
3 Loans secured by pledge of bonds stocks
or other collateral 40000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 1459406 84
5 Premium notes on policies in force 43993 12
6 Book value of bonds 258735805 and
stocks 3100000 total 2618358 65
7 Cash in companys office 3484 40
8 Deposits in trust companies and banks
not on interest 54859 33
9 Deposits in trust companies and banks on
interest 237864 07
10 Bills receivable 61728 agents balances
debit 2803185 net 2803185 28649 13
12 Total ledger assets 6712060 39
NonLedger Assets
13 Interest accrued on mortgages 24615 59
14 Interest accrued on bonds 32444 86
15 Interest accrued on collateral loans 433 33
16 Interest accrued on premium notes policy
loans or liens 27593 43
18 Bank deposits accrued 1631 30
20 Bents accrued on companys property or
lease 1526 19
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1913 loss re
insurance premiums
26 Gross deferred premiums on policies in
force December 31 1913 less reinsur
ance premiums
27 Totals
28 Deduct loading

109703 50
132760 40
242463 90
48492 78
1244 70
29 Net amount of uncollected and deferred premiums 193971 12
35 Gross assets 6994276 21
Deduct Assets Not Admitted
38 Agents balances gross
10 Bills receivable
28031 85
617 28750
ComptrollerGenerals Report
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 12150 61
44 Real estate 4286 90
45 Bonds 226658 65
Total 271745 29
46 Admitted assets 6722530 92
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
N Y Ins Dept on the following tables of mortality
and rates of interest viz
1 Actuaries table at 4 per cent on issues of
Jan 1 1887 to Dee 31 1900 except en
dowments 3 per cent 694538 00
2 American Experience table at 3 per cent
on issues of 1901 except endowments
3 per cent 812492 00
3 American Experience table at 3 per cent
on issues of Jan 1 1902 to Dec 31 1913 4640523 00
Same for reversionary additions 16221 00
5 Net present value of annuities including
those in reduction of premiums Me
Clintocks 3 per cent 10138 00
Total 6173912 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 221 00
8 Net reserve 6171591 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 19123 10
10 Liability on policies cancelled and not included in net
reserve upon which n surrender value may be de
manded 20071 22
12 Claims for death losses in process of ad
justment 5000 00
13 Claims for death losses reported for which
no proofs have been received 33417 64
16 Claims for death losses and other policy
claims resisted by the company 16000 00
19 Total policy claims 54417 64CompteolleeGeneeals Eepobt 751
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 13220 76
22 Premiums paid in advance including surrender values so
applied 9601 67
23 Unearned interest and rent paid in advance 17556 50
25 Commissions to agents due or accrued 23421 82
27 Salaries rents office expenses bills and accounts due or
accrued 8860 00
28 Medical examiners fees 2554 98
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 25 000 00
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 4600 05
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 5168 62
35 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1914 16225 70
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35 19164106
37 Reserve special or surplus funds not included above
38 Credits ac early policies 42064 06
41 All other liabilities Agents due bills outstanding 4538 28
47 Unassigned funds surplus 92871 Id
48 Total 0722530 92
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 2102100 92
18 Policies on the lives of citizens of said state issued dur
ing the year 353385 25
19 Total 2155486 17
20 Deduct ceased to be in force during the year 250279 25
21 Policies in force Dec 31 2205206 92
22 Dosses and claims unpaid Dec 31 of previous year 7250 08
33 Losses and claims incurred during year 30266 25
24 Total 37522 33
25 Losses and claims settled during the year in cash 35921 81752
ComptrollerGeneral s Report
26 Losses and claims unpaid Dec 31
27 Premiums collected or secured in cash and notes or
Credits without any deduction for losses dividends
Commissions or other expenses
1600 52
70789 39
THE SOUTHERN INSURANCE COMPANY
Home Office 418192021222324 Stahlman Bldg Nashville Tenn
P M Searight President M E Ridley Secretary
ICapital Stock
1 Amount of capital paid up
in cash 201270 00
2 Amount of ledger assets as per balance
December 31 of previous year 227650 37
4 Extended at 227650 37
IIIncome
5 First years premiums on original policies without deduction
for commissions or other expenses less 12050 for first
years reinsurance i
13 Renewal premiums in addition to items 14 16 and 17
without deduction for commissions or other expenses
20 Total premium income
21 Gross interest on mortgage loans loss
53676 accrued interest on mortgages ac
quired during 1913 1939 S2
26 Gross interest on bonds and dividends on
stocks less 16637 accrued interest on
bonds acquired during 1913 5051 63
27 Gross interest on premium notes policy
loans or liens 86 69
28 Gross interest on deposits in trust companies
and banks 583 97
30 Interest on agents accounts 25 37
34 Total gross interest and rents
36 Industrial premiums life 73369 91
37 Industrial premiums health and accident 5814 40
38 Health and accident premiums 33484 54
Total
20695 66
18720 22
39414 88
7687 48
112668 85ComptrollerGenerals Report
753
39 Agents cash bond deposits
40 Miscellaneous
42 Gross profit on sale or maturity of ledger assets viz Eeal
estate
4
44 Total income
IIIDisbursements
1 For death claims ordinary department 360000 indus
trial life 1971700 total
2 Additions health and accident claims
6 Premium notes and liens voided by lapse
16 Expense of investigation and settlement of policy claims
health and accident department
20 Commissions to agents less commission on reinsurance
First years premiums 1216706 renewal premiums
124172 total
21 Commissions health and accident department
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance and in
spection of claims
23 Salaries and commissions industrial
25 Medical examiners fees
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent
28 Advertising 32587 printing and stationery 268954
postage telegraph telephone and express 140976
total
29 Legal expense not included in item 16
33 State taxes on premiums
34 Insurance department licenses and fees
37 City taxes
38 State and county taxes
41 Miscellaneous
42 Bonus
43 Cumberland Valley Insurance Co
44 Premiums on bond
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz Bonds
49 Total disbursements
TVLedger Assets
1 Book value of real estate 5000 00
2 Mortgage loans on real estate 65125 00
702 00
83 60
1854 50
164412 31
23217 00
18022 23
124 16
47 58
13408 78
17642 69
4566 41
47120 18
6451 71
11673 94
3337 91
4425 17
1197 66
69 54
443 27
951 00
821 08
1130 60
2076 15
3331 50
63 00
31 13
367 50
160620 19754
CompteollebGeneeals Kepobt
4 Loans made to policyholders on this com
panys policies assigned as collateral 129 00
5 Premium notes on policies in force of which
277276 is for first years premiums 3914 00
6 Book value of bonds 91872 75
8 Deposit in trust companies and banks not on
interest 28726 38
9 Deposits in trust companies and banks on
interest 27391 16
10 Agents balances debit 160331 credit
1863 net 1584 68
11 Furniture and fixtures 5699 52
12 Total ledger assets 229442 49
NonLedger Assets
13 Interest due 45450 and accrued 71333
on mortgages 1167 83
14 Interest accrued on bonds 3037 50
18 Interest accrued on certificates of deposit 8 60
21 Total interest and rents due and accrued
22 Market value of real estate over bank value
23 Market value not including interest in item 14 of bonds
and stocks over book value
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 227 93 705 20
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less reinsur
ance premiums 1876 00 2688 69
27 Totals 2103 93 3393 89
28 Deduct loading 60 per cent
of first year 7 per cent
of renewals 1262 36 254 54
29 Net amount of uncollected
and deferred premiums
32 Supplies and stationery
841 57
3139 35
4213 93
2500 00
8522 25
3980 92
1500 00
35 Gross assets 250159 59ComptrollerGenerals Report
Deduct Assets Not Admitted
27 Supplies stationery printed matter 1
50000 furniture fixtures and safes 5
69952 total 7199 52
38 Agents debit balances gross J603 31
41 Premium notes and loans on policies and net
premium in Item 29 in excess of the net
value of their policies 3025 00
44 Deposit in Commercial Bank Trust Co
50 per cent of original deposit considered
good 2350 38
45 Total
40 Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 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 industrial policies
valued according to South Carolina method of valuing
industrial policies
2 American experience table at 4 per cent on ordinary policies
8 Net reserve
24 Commissions due to agents on premium notes when paid
27 Salaries rents office expenses bills and accounts due or ac
crued
28 Medical examiners fees
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
39 Health and accident reserve for outstanding claims and re
serve
46 Capital stock
47 Unassigned funds surplus
48 Total
Business in the State of Georgia During the Year
No
21 Policies in force December 31 65
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses
755
14178 21
235981 38
5793 00
25515 00
31308 00
117 42
470 57
579 50
824 20
716 00
201270 00
695 69
235981 38
Amount
81500 00
3614 51756
ComptrollerGenerals Report
SOUTHERN LIFE AND TRUST COMPANY
A W McAlister President
Arthur Watt Secretary
T D Dupy Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 1205078 31
4 Extended at 1205078 31
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 174978 for first
years reinsurance 86491 85
8 Dividends applied to purchase paid up ad
ditions and annuities 609 80
9 Surrender values applied to purchase paid
up insurance and annuities 3888 86
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 6
61271 for reinsurance on renewals
14 Dividends applied to pay renewal prem
iums
18 Total renewal premiums
280054 63
20112 85
90990 51
306167 48
19 Total premium income 397157 99
21 Dividends left with the company to accu
mulate at interest 542 44
23 Gross interest on mortgage loans 33141 16
24 Gross interest on collateral loans 2589 36
25 Gross interest on bonds and dividends on
stocks 2391 00
26 Gross interest on premium notes policy
loans or liens 7089 55
27 Gross interest on deposits in trust com
panies and banks 532 16ComptrolleeGenebals Eepoet
757
28 Gross interest on other debts due the com
pany
103 79
33 Total gross interest and rents
35 Received from capital and trust depts for investment
40 From agents balances previously charged off
42 Gross increase by adjustment in book value if ledger
assets viz Stocks
200 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 purchase paid up insurance
and annuities
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paid up additions and
annuities
13 Dividends left with the company to accumulate at in
terest
14
18
lit
22
24
25
26
27
29
32
33
34
35
38
Total paid policyholders
Paid stockholders for interest or dividends
Commissions to agents less commission on reinsurance
First years premiums 6065629 renewal premiums
924962 total
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
Medical examiners fees 829500 inspection of risks
178931
Salaries and all other compensation of officers directors
trustees and home office employees
Rents
Advertising 628831 printing and stationery 324330
postage telegraph telephone and express 207586
exchange 73189
Furniture fixtures and safes
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes
Federal corporation tax
Other disbursements Miscellaneous petty items
45847 02
32134 73
198 58
3840 00
43 Total income 479720 76
IIIDisbursements
1 For death claims 40970 89
For total and permanent disability claims
41170 89
11377 51
3888 86
20112 85
609 80
542 44
77702 35
5173 50
09905 91
12359 75
10084 31
23445 34
2007 50
12339 36
659 47
1616 97
724 12
352 75
175 65
2278 86
48 Total disbursements
218825 84758
ComptbollebGenebals Repobt
IVLedger Assets
1 Book value of real estate 111198 95
2 Mortgage loans on real estate 603043 32
3 Loans secured by pledge of bonds stocks
or other collateral 71826 50
4 Loans made to policyholders on this com
pany 7s policies assigned as collateral 136352 13
6 Book value of bonds 398292 30
7 Cash in companys office 5521 91
8 Deposits in trust companies and banks not
on interest 63473 40
9 Deposits in trust companies and banks on
interest 60000 00
10 Agents balances debit 147782 credit
15306 net 1324 76
11 Deposits withcorporations 14939 96
12 Total ledger assets 1465973 23
NonLedger Assets
13 Interest due 70650 and accrued 9
63038 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest due 57609 and accrued 318878
on premium notes policy loans or liens
17 Interest accrued on other assets
10336 88
411 67
489 63
3764 87
2S4 67
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less
reinsurance premiums 31091 15
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 7 366 09
152S7 72
27 Totals
28 Deduct loading at 20 per cent
38457 24
7691 45
29 Net amount of uncollected and deferred premiums 30765 79
35 Gross assets 1512026 74
Deduct Assets Not Admitted
38 Agents debit balances gross 1477 82
46 Admitted assets 1510548 92ComptrollerGenerals Report
759
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the fol
lowing tables of mortality and rates of interest viz
2 American Experience table at 3 per cent
on all paid for business in force Dec
31 1913 793171 38
Same for reversionary additions 1450 55
Total 794621 93
Deduct net value of risks of this company
reinsured in other solvent companies 6863 77
Reserve to provide for health and accident
benefits in life policies 1690 00
8 Net reserve
15 Claims for death losses and other policy claims resisted
by the company
Claims for total and permanent disability benefits
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
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
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
39 All other liabilities Net liability capital and trust de
partments
44 Capital stock
45 Unassigned1 funds surplus
789448 16
1000 00
687 40
542 44
1015 89
340 28
3766 72
3744 87
1262 00
1250 01
2308 69
78915 85
300000 00
326266 61
46 Total 15105i8 92760
ComptrollerGenerals Report
THE SOUTHERN STATES LITE INSURANCE COMPANY
Wilmer L Moore President Frank Orme Secretary
William A Wright Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as pet balance
December 31 of previous year 106719 01
4 Extended at 1067191 01
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 324788 for first
years reinsurance 152217 91
8 Dividends applied to purchase paidup addi
tions and annuities 210 22
9 Surrender values applied to purchase paid
up insurance and annuities 404 00
10 Premiums on changed policies 1754 77
12 Total new premiums 154 5gg 90
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 1184701
for reinsurance on renewals 430434 04
14 Dividends applied to pay renewal premiums 33120 02
18 Total renewal premiums
20 Total premium incomei
22 Dividends left with the company to accumulate at interest
24 Gross interest on mortgage loans 2344 30
26 Gross interest on bonds and dividends on
stocks 8227 50
27 Gross interest on premium notes policy loans
or liens 20749 07
30 Miscellaneous interest 11 808 72
463554 06
US 140 96
4879 80
34 Total gross interest and rents
37 Premiums in suspense apps not yet approved
38 Commissions left on deposit until rates are paid
64129 59
375 93
3103 73
44 TotaJ income
690530 01ComptrollerGenerals Beport
IIIDisbursements
1 For death claims 89336 22
3 For total and permanent disability claims 250 00
761
4 Net amounts paid for losses and matured endowments
5 Disability premium loss
6 Premium notes and liens voided by lapse
6 Returned premiums on cancelled policies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and annui
ties
14 Dividends left with the company to accumulate at interest
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
20 Commissions to agents less commission on reinsurance
First years premiums 10372209 renewal premiums
1200467 total
21 Payment of expense certificate
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 1721295 inspection of risks
594505 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent
28 Advertising 529608 printing and stationery 770143
postage 422649 telegraph telephone 98084 express
16879 insurancejournals 10300 exchange 58312
total
29 Legal expense not included in item 16
32 Discount on certificate of deposits
33 State taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
89586 22
24 21
5954 23
1021 71
43384 06
563 19
33120 02
210 22
4879 80
179147 66
294 77
650 00
4853 72
115727 36
10000 00
1632 03
9228 89
6392 81
23158 00
44021 91
3825 00
19119 80
2287 63
246 91
4827 96
1129 50
372 97
762 ComptrollerGenerals Report
37 General licenses and taxes 1249 68
38 Municipal licenses and taxes 3707 99
40 State examination expense 902 58
41 Actuarial expense 639 50
42 Officers traveling expense 382 1
43 Directors and committees expense 1663 25
44 Incidental home office expense 3744 85
45 Eenewal premiums in suspense 1912 transferred to prem
income 699 07
46 Agents balances charged off 2887 90
48 Gross decrease by adjustment in book value of ledger as
sets viz Depreciation furniture and fixtures 200000
bonds 116420 total 3164 20
49 Total disbursements 445958 11
IVLedger Assets
2 Mortgage loans on real estate first liens 3S6675 00
3 Loans secured by pledge of bonds stocks or
other collateral 172570 10
4 Loans made to polieyholders on this com
panys policies assigned as collateral 326714 00
4 Automatic premium loans on policies 132B6 06
5 Premium notes on policies in force of which
692607 is for first years premiums 59785 52
6 Book value of bonds 145353 11
7 Cash in companys office 4690 61
8 Deposits in trust companies and banks not
on interest 160256 11
9 Deposits in trust companies and banks on
interest 28710 35
10 Bills receivable 378798 furniture and fix
tures 7767 14
11 Sundry personal items 286 87
12 Total ledger assets 1311862 91
NonLedger Assets
13 Interest due 75773 and accrued 385711
on mortgages 4614 84
14 Interest accrued on bonds 679 16
16 Interest on premium notes policy loans or
liens 1057 20
18 Interest accrued on bank balances 575 43
19 Miscellaneous interest 15 69
21 Total interest and rents due and accrued 6942 32ComptrollerGenerals Report 763
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 45559 17
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less reinsur
ance premiums 1195 91 819190
27 Totals 1195 91 5375107
28 Deduct loading 779 60 12874 78
29 Net amount of uncollected
and deferred premiums 416 31 40876 29 41292 90
35 Gross assets 1360098 13
Deduct Assets Not Admitted
37 Furniture fixtures and safes 9767 14
40 Loans on personal security endorsed or
not 28687 bills receivable 378798
total 4074 85
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of the
net value of their policies 4183 76
45 Total 18025 75
46 Admitted assets 1342072 38
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed on the fol
lowing tables of mortality and rates of interest viz
2 American experience table at 3 per cent on 11666
45300 1000100 00
3 American experience table at 4 per cent on 608680000 138293 00
Total 1138393 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 12814 00
Balance 1125579 00
7 Extra reserve for total and permanent disability benefits 1509 00
8 Net reserve 1127088 00764 ComptrollerGenerals Eepokt
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed 5779 00
13 Claims for death losses reported for which no proofs have
been received 3000 00
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 8469 85
22 Premiums paid in advance including surrender values so ap
plied 2362 53
23 Unearned interest and rent paid in advance 8500 00
24 Commissions due to agents on premium notes when paid 6267 11
27 Salaries rents office expenses bills and accounts due or ac
crued 496 45
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 307 92
34 Dividends declared on or apportioned to annual dividend pol
icies payable to policyholders during 1914 whether con
tingent upon the payment of renewal premiums or other
wise 334 05
40 Premiums in suspense 1049 08
46 Capital stock 100000 00
47 Unassigned funds surplus 75410 39
48 Total 1342072 3S
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 4537 8600352 00
18 Policies on the lives of citizens of said State issued
during the year 1327 2437296 00
19 Total 5894 U127648 00
20 Deduct ceased to be in force during the year 987 1710462 00
21 Policies in force December 31 4907 9417186 00
23 Losses and claims incurred during year 32 46722 00
25 Losses and claims settled during the year in cash 31 45722 00
Losses and claims unpaid December 31 1 1000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses less returned premiums on cancelled
policies 436414 326924 61ComptrollerGenerals Keport
765
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY
Harrison B Smith President
John C Riheldaffer Secretary
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 673163 67
4 Extended at 673163 67
ILIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 339691 for first
years reinsurance
6 Surrender values applied to pay first
years premiums
35993 90
415 50
7 Total first years premiums on original policies
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 4
22057 for reinsurance on renewals 156713 91
18 Total renewal premiums
19 Extra premiums for total and permanent disability
benefits 81949 and for additional accidental death
benefits 122018 including in life policies
20 Total premium income
24 Gross interest on mortgage loans 25310 48
25 Gross interest on collateral loans 4306 03
26 Gross interest on bonds and dividends on
stocks 4570 00
27 Gross interest on premium notes policy
loans or liens 5415 49
28 Gross interest on deposits in trust com
panies and banks 228 93
33 Gross rent from companys property 900 00
36409 40
156713 91
2039 67
195162 98
34 Total gross interest and rents 40730 93766
CompteolleeGeneeals Eepoet
35 From other sources Premiums Paid in advance 36234
cash in suspense 23076 cash with application
2430 exam of titles and fees B E loans 1
50650 total 2123 90
41 From agents balances previously charged off 5000
44 Total income 238067 81
IIIDisbursements
1 For death claims 4300000 additions
90000 total 43900 00
4 Net amounts paid for losses and matured endowments 43900 00
7 Surrender values paid in cash or applied in liquidation
of loans or notes 15536 88
9 Surrender values applied to purchase paid up insurance
and annuities 415 50
10 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 714 95
15 Total paid policyholders 60567 33
16 Expense of investigation and settlement of policy claims
including 35000 for legal expense 350 00
19 Paid stockholders for interest or dividends 4999 20
20 Commissions to agents less commission on reinsurance
First years premiums 1927596 renewal premiums
347942 22755 38
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 3729 03
23 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 2199 65
24 Branch office expenses including salaries of managers
and clerks not included in item 22 6775 47
25 Medical examiners fees 418250 inspection of risks
79453 4977 03
26 Salaries and all other compensation of officers directors
trustees and home office employees 17290 56
27 Bent less 37000 received under sublease 1382 00
28 Advertising 172156 printing and stationery 102639
postage telegraph telephone and express 117323
exchange 6391 3985 09
30 Furniture fixtures and safes 1008 65
31 Bepairs and expenses other than taxes on real estate 113 48
32 Taxes on real estate 143 76
33 State taxes on premiums 642 64
34 Insurance department licenses and fees 779 35ComptrollerGenerals Beport
767

35 All other licenses fees and taxes Corp tax
36 Federal corporation tax
37 Personal property tax
39 Other disbursements General expense
41 Net charges to loss and gain
43 Exam of titles and fees R E loans
46 Agents balances charged off
49 Total disbursements
IVLedger Assets
1 Book value of real estate 15000 00
2 Mortgage loans on real estate 431606 92
3 Loans secured by pledge of bonds stocks
or other collateral 74405 40
4 Loans made to policyholders on this com
panys policies assigned as collateral 87414 75
5 Premium notes on policies in force of
which 156147 is for first years
premiums 16942 62
6 Book value of bonds 10435000 and
stocks 1130000 115650 00
7 Cash in companys office 1233 73
8 Deposits in trust companies and banks not
on interest 7965 89
9 Deposits in trust companies and banks on
interest 6817 15
10 Bills receivable 784144 agents balances
debit 567160 credit 17267 net
549893 total 13340 37
12 Total ledger assets
NonLedger Assets
13 Interest due 299323 and accrued 2
93729 on mortgages 5930 52
14 Interest accrued on bonds 856 67
15 Interest due 47433 and accrued 41914
on collateral loans 893 47
16 Interest due 111460 and accrued 7241
on premium notes policy loans or liens 1187 01
17 Interest due 31572 and accrued 13960
on other assets Bills recbl 455 32
18 Dividend due on bank stock 290 00
20 Rents due 35 00
21 Total interest and rents due and accrued
90 00
191 77
1635 Ml
2183 97
94 24
839 35
4129 84
140854 65
770376 83
9647 99768
ComptrollerGenerals Report
New Business
25 Gross premiums due and
unreported on policies
in force Dec 31 1913
less reinsurance prem
iums
26 Gross deferred premiums
on policies in force Dec
31 1913 less reinsur
ance premiums
321 32
2030 73
Renewals
11682 40
978 29
27 Totals
28 Deduct loading
2352 05
1118 03
19660 69
3262 21
29 Net amount of uncollected
and deferred premiums 1234 02 16398 48 17632 50
31 Furn and fixtures 260000 printing and stationery
100000 3600 00
35 Gross assets 801257 32
Deduct Assets Not Admitted
37 Supplies stationery printed matter 1
00000 furniture fixtures and safes
2600 3600 00
38 Agents debit balances gross 5671 60
40 Bills receivable 7841 44
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 3689 76
43 Book value of Ledger assets over market
value viz Coll loan No 29 V A Bate 5500 00
45 Total
26302 80
46 Admitted assets 774954 52
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the com
pany on the following tables of mortality and rates
interest viz
2 American Experience table at 3 per cent
on modified preliminary term basis 450688 22ComptrollerGenerals Report 769
3 American Experience table at 3 per cent
on full level premium basis 10244 85
Same for reversionary additions 18333 45
Total 479266 52
6 Deduct net value of risks of this company
reinsured in other solvent companies 5381 99
Total 473884 53
7 Extra reserve for total and permanent
disability benefits 242953 and for ad
ditional accidental death benefits
60592 included in life policies 3035 45
8 Net reserve 476919 98
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be demanded 572 31
22 Premiums paid in advance including surrender values so
applied 362 34
23 Unearned interest and rent paid in advance 6592 37
27 Salaries rents office expenses bills arid accounts due or
accrued 122 31
29 Estimated amount hereafter payable for federal state
and other taxes based ipon the business of the year
of this statement 2000 00
32 Unpaid dividends to stockholders 1 60
41 All other liabilities Cash in suspense 23076
43 Cash with application 24 30
46 Capital stock 250000 00
47 Unassigned funds surplus 38128 55
48 Total 774954 52
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 256 477033 00
18 Policies on the lives of citizens of said state
issued during the year 67 93536 00
19 Total 323 570569 00
20 Deduct ceased to be in force during the year 78 147286 00
21 Policies in force Dec 31 245 423283 00
23 Total losses and claims incurred during year 2 2000 00
25 Losses and claims settled during the year in cash 2 2000 00770
ComptrollerGenerals Report
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 12522 97
STANDARD LIFE INSURANCE COMPANY
Heman E Perry President Harry H Pall Secretary
Hon William A Wright Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
March 17 1913 021451
4 Extended at
121451 82
ITIncome
5 First years premiums on original policies without deduction
for commissions or other expenses less 2020691 for
first years reinsurance 1
26 Gross interest on bonds and dividends on stocks
28 Gross interest on deposits in trust companies and banks
40 Surplus on stock resold
44 Total income
IIIDisbursements
For death claims
2D Commissions to agents less commission on reinsurance
23 Agency supervision anil traveling expenses of supervisors
except compensation for home office Supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 139450 inspection of risks 56
total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Kent
28 Advertising 27798 printing ami stationery 245069
postage telegraph telephone and express 33170 ex
change 1370 total
29 Legal expense not included in item 16
10293 G8
3095 80
35 60
709 13
14134 21
261 00
6926 86
487 62
254 32
1450 50
5175 87
516 50
3074 07
125 00
CompteollebGenebals Eepoet
771
30 Furniture fixtures and safes
34 Insurance department licenses and fees
38 Municipal licenses and taxes
41 Actuarial and accounting fees
42 Miscellaneous expenses
49 Total disbursements
431 92
438 00
314 00
770 00
18 86
20244 52
IVLedger Assets
6 Book value of bonds and stocks 109707 00
7 Cash in companys office 21 31
8 Deposits in trust companies and banks not
on interest less agents reserve 5613 20
10 Agents balances credit 288 73
12 Total ledger assets
NonLedger Assets
14 Interest on bonds
25 Gross premiums due and unreported on pol
icies in force December 31 1913 less
reinsurance premiums 1698 88
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 6951 04
27 Totals 8649 92
28 Deduct loading 3875 85
29 Net amount of uncollected and deferred premiums
37 Supplies stationery printed matter furni
ture fixtures and safesif
43 Book value of ledger assets over market
value
831 92
4022 02
115341 51
1208 34
4774 07
35 Gross assets 122155 84
Deduct Assets Not Admitted
46 Admitted assets 116701 90
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 3913 as computed on the fol
lowing tables of mortality and rates of interest viz
2 American experience table at 3 per cent on 12279 58772 ComptrollerGenerals Report
6 Deduct net value of risks of this company reinsured in other
solvent companies 4640 58
8 Net reserve 7639 00
16 Claims for death losses and other policy claims resisted by
the company 1000 00
22 Premiums paid in advance including surrender values so
applied ind 216 90
27 Salaries rents office expenses bills and accounts due or ac
crued 1891 26
28 Medical examiners fees and legal fees due or accrued 1681 75
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 75 26
46 Capital stock 100000 00
47 Unassigned funds surplus 4197 73
48 Total 116701 90
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 3400 856076 00
20 Deduct ceased to be in force during the year 498 141323 00
21 Policies in force December 31 2902 714753 00
25 Losses and claims settled during the year in cash 3 243 50
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses i217 34
STATE LIFE INSURANCE COMPANY
Homo Office State Life Building Indianapolis Indiana
H W Bennett President Albert Sahm Secretary
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 11686076 06
4 Extended at 11686076 06CompteolleeGenebals Report 773
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 46440 for first years
reinsurance 234775 26
6 Surrender values applied to pay first years
premiums 40 87
7 Total first years premiums onoriginal poli
cies 234816 13
8 Dividends applied to purchase paidup ad
ditions and annuities 1834 78
9 Surrender values applied to purchase paid
up insurance and annuities 14172 52
Total new premiums 250823 43
Eenewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 458600
for reinsurance on renewals 1979678 88
Dividends t pay renewal premiums 178792 56
Total renewal premiums 2158471 44
Extra premiums for total and permanent disability benefits
338495 and for additional accidental death benefits
3240790 included in life policies 35792 85
Total premium income 2445087 72
Consideration for supplementary contracts not involving life
contingencies 7161 90
Dividends left with the company to accumulate at interest 6138 31
Gross interest on mortgage loans less 16
39074 accrued interest on mortgages ac
quired during 1913 425374 99
26 Gross interest on bonds and dividends on
stocks less 68333 accrued interest on
bonds acquired during 1913 7366 67
27 Gross interest on premium notes policy loans
or liens 176692 30
28 Gross interest on deposits in trust companies
and banks 4869 95
29 Gross interest on other debts due the com
pany 950 33
33 Gross rent from companys property includ
ing 1320534 for companys occupancy
of its own buildings 103172 81
34 Total gross interest and rents 718427 05
12
13
14
18
19
20
21
22
24774
ComptrollerGeneral s Report
36 Partial payments on voided notes
41 From agents balances previously charged off
691 90
127 84
44 Total income 3177634 72
IIIDisbursements
1 For death claims less 5000 reinsurance 659743 46
2 For matured endowments 21500 00
3 For total and permanent disability claims
13525 and for additional accidental
death benefits 2200000 total 22135 25
4 Net amount paid for losses and matured endowments 703378 71
5 For annuities involving life contingencies 200 00
6 Premium notes and liens voided by lapse 26600 38
7 Surrender values paid in cash or applied in liquidation of
loans or notes 167260 26
8 Surrender values applied to pay new premiums 40 87
9 Surrender values applied to purchase paidup insurance and
annuities 14172 52
10 Dividends paid to policyholdcrs in cash or applied in liqui
dation of loans or notes 18467 21
11 Dividends applied to pay renewal premiums 178792 56
13 Dividends applied to purchase paidup additions and annui
ties 1834 78
14 Dividends left with the company to accumulate at interest 6138 31
15 Total paid policyholdcrs 1116885 60
16 Expense of investigation and settlement of policy claims 123 59
17 Paid for claims on supplementary contracts not involving
life contingencies 1967 75
18 Dividends and interest thereon held on deposit surrendered
during the year 1254 88
20 Commissions to agents less commission on reinsurance
First years premiums 17766913 renewal premiums
19510859 total 372777 72
21 Commuted renewal commissions 6000 00
22 Compensation of managers and agents not paid by commis
sion for services in obtaining new insurance 7800 00
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 9621 33
24 Branch office expenses including salaries of managers and
clerks not included in item 22 14104 31
25 Medical examiners fees 2017000 inspection of risks
389547 total 24065 47
26 Salaries and all other compensation of officers directors
trustees and home office employees 128772 24ComptrollebGeneral s Eepobt
775
27 Kent including 1320534 for companys occupancy of its
own buildings less 117200 received under sublease 20307 09
28 Advertising 768392 printing and stationery 1359244
postage telegraph telephone and express 1022851
exchange 9850 total 31503 37
29 Legal expense not included in item 16 288 08
30 Furniture fixtures and safes 5469 80
31 Repairs and expenses other than taxes on real estate 38526 17
32 Taxes on real estate 15512 16
33 State taxes on premiums 34381 24
34 Insurance department licenses and fees S081 38
36 Federal corporation tax 5017 80
37 Taxes on investments 1394 85
40 Miscellaneous expenses 1256 80
41 Discount on premiums paid in advance 47 80
42 Investment expense 14470 28
46 Agents balances charged off 2253 18
49 Total disbursements 1861982 89
IVLedger Assets
1 Book value of real estate 1008038 09
2 Mortgage loans on real estate first liens 7993984 02
4 Loans made to policyholders on this com
panys policies assigned as collateral 3421981 44
5 Premium notes on policies in force 68638 62
6 Book value of bonds 239723 10
7 Cash in companys office 5030 55
9 Deposits in trust companies and banks on
interest 218243 64
10 Agents balances debit 5203443 credit
594600 net 46088 43
12 Total ledger assets 13001727 89
NonLedger Assets
13 Interest due 1231350 and accrued 114
75445 on mortgages total 127067 95
14 Interest accrued on bonds 3083 33
16 Interest accrued on premium notes policy
loans or liens 686 38
20 Eents due on companys property or lease 1039 88
21 Total interest and rents due and accrued
22 Market value of real estate over book value
131877 54
207153 08776 ComptrollerGenerals Report
New Business Renewals
25 Gross premiums due and un
reported on policies in
force December 31 1913
less reinsurance pre
miums 24166 51 83525 39
26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less reinsur
ance premiums 4818 13 73427 77
27 Total 28984 64 156953 16
28 Deduct loading 20009 44 32849 86
29 Net amount of uncollected
and deferred premiums 8975 20 124103 30 133078 50
31 Unearned premiums for fire insurance on home office build
ing 2700 00
35 Gross assets 13476537 01
Deduct Assets Not Admitted
38 Agents debit balances gross 52034 43
41 Premium notes and loans on policies and
net premiums in Item 29 in excess of
the net value of their policies 10784 19
43 Book value of ledger assets over market
value viz Bonds 17019 40
45 Total 79838 02
46 Admitted assets 13396698 99
VLiabilities Surplus and other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 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 January 1 1901 2369513 48
2 American experience table at 3 per cent on all non par
ticipating policies excepting 20year term policies issued
prior to August 16 1909 82803 22ComptbollebGenebals Eepoet
777
3 American experience table at 3 per cent on
all policies issued since January 1 1901
excepting as per item 2 8 480 367 12
Same for reversionary additions 4365 54
Total
5 Net present value of annuities including those in reduc
tion of premiums McClintocks 3 per cent
Total
6 Deduct net value of risks of this company reinsured in
other solvent companies
Balance
7 Extra reserve for total and permanent1 disability benefits
331408 and for additional accidental death benefits
1795858 included in life policies
9
12
13
14
15
16
17
Net reserve lj
Present value of amounts not yet due on supplementary con
tracts not involving life contingencies
Claims for death losses in process of ad
justment or adjusted and not due 12000 00
Claims for death losses reported for which
no proofs have been received 8266 19
Eeserve for net death losses incurred but
unreported 000 00
Claims for matured endowments due and
unpaid 1000 00
Claims for death losses and other policy
claims resisted by the company 16200 00
Claims for total and permanent disability
benefits and for additional accidental
death benefits 12766 19
8484732 66
1835 00
10938884 36
3109 03
10935775 33
21272 66
10957047 99
45509 41
19 Total policy claims
21 Dividends left with the company to accumulate at interest
and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners and legal fees due or accrued
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
54232 38
11450 84
15857 70
81516 34
6273 48
4619 08
1924 00
54773 00778
ComptrollerGeneral s Report
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 6833 21
34 Dividends declared on or apportioned to annual dividend pol
icies payable to policyholders during 1914 whether con
tingent upon the payment of renewal premiums or other
wise 34776 02
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 17096 129
36 This company for the purpose of arriving at an equitable
basis for apportioning dividends on its annual dividend
policies makes a calculation of results of the same
amounts on deferred dividend policies with interest
added These amounts are not carried as a liability
as the deferred dividend policy contracts explicitly pro
vide that no dividends will be allowed or paid thereon
until the end of deferred dividend period They fur
ther provide in the application therefor that the princi
ples and methods that may then be in use are accepted
and ratified by any one claiming under the contract
38 Special Surplus on Combination policies 58156 83
39 Surplus on tenyear term policies to be applied in reduction
of premiums 10943 51
40 Eeserve for mortality and asset fluctuation and other con
tingent liabilities 73630 34
47 Unassigned funds surplus 1962068 57
48 Total 13396698 99
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 2012 6518143 00
18 Policies on the lives of citizens of said State is
sued during the year 374 1019320 00
19 Total 23S6 7537463 00
20 Deduct ceased to be in force during the year 263 668030 00
21 Policies in force December 31 2123 6869433 00
22 Losses and claims unpaid December 31 of previous
year 7 17000 00
23 Losses and claims incurred during year 9 31879 00
24 Total 16 48879 00
25 Losses and claims settled during the year in cash
4012931 by compromise 274969 total 14 42S79 00ComptrollerGeneral s Report
2G 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
7 79
6000 00
5 555 12
STATE MUTUAL LIFE ASSURANCE COMPANY
Home Office 340 Main Street Worcester Massachusetts
B H Wright President D W Carter Secretary
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 40132812 09
4 Extended at 40132812 69
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 621418 35
8 Dividends applied to purchase paidup addi
tions and annuities 113 447 78
10 Consideration for original annuities involv
ing life contingencies 64689 72
11 Consideration for supplementary contracts
involving life contingencies 3558 00
12 Total new premiums 803 113 85
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 3596883
for reinsurance on renewals 4547756 08
14 Dividends applied to pay renewal premiums 629401 83
18 Total renewal premiums 5 177157 91
20 Total premium income 5 980 271 76
21 Consideration for supplementary contracts not involving
life contingencies 43 938 54
22 Dividends left with the company to accumulate at interest 109326 96
24 Gross interest on mortgage loans less 7
58991 accrued interest on mortgages ac
quired during 1913 566631 67
25 Gross interest on collateral loans 125 00780 ComptrollerGenerals Report
26 Gross interest on bonds and dividends on
stocks less 350345 accrued interest on
bonds acquired during 1913 913823 26
27 Gross interest on premium notes policy
loans or liens 283535 64
28 Gross interest on deposits in trust companies
and banks 17511 09
30 Loans on personal security etc 62044
overdue premiums 67244 total 1292 88
31 Corporation note 2750 agency bank bal
ance 93075 total 3680 75
32 Gross discount on claims paid in advance 284 03
33 Gross rent from companys property in
cluding 3047744 for companys occu
pancy of its own buildings 132806 86
34 Total gross interest and rents 1913 i ol 18
36 Overdue rents on real estate sold 75 00
37 Received from securities marked off 6382 60
42 Gross profit on sale or maturity of ledger assets viz Bonds
3188 stocks 1425047 total 14282 85
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds including 528401 for accrual of dis
count 5510 94
44 Total income 8183539 33
IIIDisbursements
1 For death claims less 25000 reinsurance
159115546 additions 26406 total 1617561 46
2 For matured endowments 72227938 addi
I ions 36985 total 759264 38
4 Net amounts paid for losses and matured
endowments 2376825 84
5 For annuities involving life contingencies 30899 37
6 Premium notes and liens voided by lapse
less 647 restorations 335 00
7 Surrender values paid in cash or applied in
liquidation of loans or notes 809501 83
10 Dividends paid to policyholders in cash or i
applied in liquidation of loans or notes 132368 58
11 Dividends applied to pay renewal premiums 629401 83
13 Dividends applied to purchase paidup addi
tions and annuities 113447 78
14 Dividends lefl with the company to accumu
late at interest 109326 96
15 Total paid policyholders 4202107 19H
ComptrollerGenerals Repoet
781
16
17
18
20
2
23
24
26
29
30
31
32
33
34
36
37
38
40
41
42
43
44
45
47
Expense of investigation and settlement of policy claims
including 117181 for legal expense
Paid for claims on supplementary contracts not involving
life contingencies
Dividends and interest thereon held on deposit surrendered
during the year
Commissions to agents less commission on reinsurance
First years premiums 26547125 renewal premiums
31125806 annuities original 164535 total
Commuted renewal commissions
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
Branch office expenses including salaries of managers and
clerks not included in item 22
Medical examiners fees 4392224 inspection of risks
913081 total
Salaries and all other compensation of officers directors
trustees and home office employees
Rent including 3047744 for companys occupancy of its
own buildings less 900 received under sublease
Advertising 870892 printing and stationery 2956496
postage telegraph telephone and express 1710484
total
Legal expense not included in item 16
Furniture fixtures and safes
Repairs and expenses other than taxes on real estate
Taxes on real estate including 26261 shown on Sched
ule Y
State taxes on premiums
Insurance department licenses and fees
Federal corporation tax
Taxes on reserve
Municipal licenses taxes etc
Lunches for office force 1072321 traveling 263868
lighting 180000 total
Agency conventions etc 193551 newspapers period
icals etc 175868 total
Office alterations 244254 auditing 2150 miscellaneous
supplies 85030 total
Services night watch appliances etc 75077 bond of of
ficers 21000 total
Commissions 1625 legislative information bureau
28581 total
Unadjusted surrender values 59850 liability premiums
Gross loss on sale or maturity of ledger assets viz Bonds
402158 stocks 3660000 total
1261 05
25014 18
54169 21
578374 66
27100 93
3259 58
64733 92
53053 05
138507 21
54551 44
55378 72
927 85
25834 79
32465 93
23990 99
51790 81
7230 38
1957 81
44879 37
1411 13
15161 89
3694 19
5442 84
960 77
302 06
1108 09
40621 58782
ComptrollerGenerals Eeport
48 Gross decrease by adjustment in book value of ledger as
sets viz Eeal estate 84130 bonds including 16
39232 for amortization of premium 14471249
stocks 10814700 total
253700 79
49 Tot
il disbursements 576899L 41
IVLedger Assets
1 Book value of real estate 1738000 00
2 Mortgage loans on real estate first liens 12941936 98
3 Loans secured by pledge of bonds stocks or
other collateral 5000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 6301986 49
5 Premium notes on policies in force 40110 00
6 Book value of bonds 1906050696 and
stocks 2016028 total 21076534 96
7 Cash in companys office 3493 35
9 Deposits in trust companies and banks on
interest 432960 59
11 Loans on personal security 7337 24
12 Total ledger assets 42547359 61
NonLedger Assets
13 Interest due 10950 and accrued 193
72609 on mortgages total
14 Interest accrued on bonds
15 Interest accrued on collateral loans
17 Interest due 1778605 and accrued 73
88424 on premium notes policy loans or
liens
18 Interest due 8343 and accrued 8600
on loans on personal security
20 Eents due 37839 and accrued 1412251
on companys property or lease
21 Total interest and rents due and accrued
New Business
25 Gross premiums due and ira
reported on policies in
force December 31 1913
less reinsurance pre
miums
193835 59
262753 20
125 00
91670 29
169 43
14500 90
Renewals
563054 41
8613 18 362223 77ComptrollerGenerals Eeport
783

26 Gross deferred premiums on
policies in force Decem
ber 31 1913 less reinsur
ance premiums
63601 67
27 Totals
28 Deduct loading
72214 85
15417 87
29 Net amount of uncollected
and deferred premiums 56796 98
534509 04
896732 81
191452 45
705280 36
762077 34
35 Gross assets 43872491 36
Deduct Assets Not Admitted
40 Loans on personal security endorsed or
not 733724 with accrued interest
16943 total 7506 67
43 Book value of ledger assets over market
value 1375258 29
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 as computed by the
Massachusetts 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 December 31 1900 19946003 00
Same for reversionary additions 296494 00
Total 20242557 00
2 American experience table at 3 per cent
on all policies issued from January 1
1901 to Janury 1 1908 11735493 00
Same for reversionary additions 491910 CO
Total 12227403 00
3 American experience table at 3 per cent mi
all policies issued after January 1 1908 5263180 00
Same for reversionary additions 597294 00
Total
5 Net present value of annuities including those in reduction
of premiums American 3 per cent
5860474 00
286004 00
Total 38616438 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 298821 00784
ComptrollerGenerals Keport
8 Net reserve 38317617 00
9 Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
actuary 289581 70
10 Liability on policies cancelled and not included in net re
serve upon which a surrender value may be demanded 3230 57
13 Claims for death losses for which no proofs
have been received 106811 00
15 Claims for matured endowments due and un
paid 791 00
16 Claims for death losses and other policy
claims resisted by the company 7498 00
19
21
22
23
25
27
28
29
33
34
35
36
38
39
47
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 deferred pre
miums
Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35
Special reserve on life annuities
Liability on death losses inclined hut not reported 1913
Unassigned funds surplus
115100 00
443432 06
68502 20
1419 45
10 11
4929 82
4769 00
92000 00
72540 33
488603 00
70376 00
144268 00
40288 00
2537 33
2330521 83
48 Total 42489726 40ComptrollerGenerals Report 785
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 881 1851365 00
18 Policies on the lives of citizens of said State is
sued during the year 168 401717 00
19 Total 1049 2253082 00
20 Deduct ceased to be in force during the year 72 235528 00
21 Policies in force December 31 977 2017554 00
23 Losses and claims incurred during year 15 16558 43
25 Losses and claims settled during the year in cash 14 15558 43
26 Losses and claims unpaid December 31 1 1000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 69085 97
STATE MUTUAL LIFE INSURANCE COMPANY
Jno W Maddox President A C Wadsworth Secretary
Maddox Doyal Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
Dec 31 of previous year 3513609 71
4 Extended at 3513609 71
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 49004 for first
years reinsurance 16248 46
9 Surrender values applied to purchase paid
up insurance and annuities 6039 00
12 Total new premiums 22287 46
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 1
35145 for reinsurance on renewals 633798 56786
ComptrollerGenerals Report
14 Dividends and coupon credits applied to
pay renewal premiums
16 Surrender values applied to pay renewal
premiums
18 Total renewal premiums
100736 68
3208 26
20 Total premium income
24 Gross interest on mortgage loans
25 Gross interest on collateral loans
26 Gross interest on bonds and dividends on
stocks
27 Gross interest on premium notes policy
loans or liens
28 Gross interest on deposits in trust com
panies and banks
29 Gross interest on other debts due the com
pany General account
33 Gross rent from companys property in
cluding 500000 for companys occu
pancy of its own buildings
37491 37
200 00
4575 00
83804 75
3871 05
634 82
29082 76
34 Total gross interest and rents
35 From other sources T O Parker contract 748529
collected bank acts not considered good 28106
collected other acts not considered good 5284
41 From agents balances previously charged off
737743 50
760030 96
159659 75
7819 19
91 98
44 Total income 92760188
IIIDisbursements
1 For death claims 141436 82
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums
9 Surrender values applied to purchase paid up insurance
and annuities
11 Dividends and coupon credits applied to pay renewal
premiums
15 Total paid policyholders
19 Paid certificate holders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 746426 renewal premiums
905084
141436 82
18650 00
397237 59
3208 26
6039 00
100736 68
667308 35
6495 00
16515 10ComptrollerGenerals Beport
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
25 Medical examiners fees 192433 inspection of risks
45439 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent including 500000 for companys occupancy of its
own buildings less 180000 received under sublease
28 Advertising 385682 printing and stationery 450075
postage telegraph telephone and express 205972
exchange 9301
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Municipal license
39 Other disbursements Commissions on sale of real estate
41 Fire insurance
42 Miscellaneous office expense
43 Special examiners
44 Bank accounts charged off
45 Redemption of outstanding checks
48 Gross decrease by adjustment in book value of ledger
assets viz Bonds
49 Total disbursements
IVLedger Assets
1 Book value of real estate 914437 52
2 Mortgage loans on real estate first liens
64454676 other than first liens
50000 645046 76
3 Loans secured by pledge of bonds stocks
or other collateral 5000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 1666429 39
5 Premium notes on policies in force 33346 83
6 Book value of bonds 115992 51
8 Deposits in trust companies and banks
not on interest 134576 08
9 Deposits in trust companies and banks on
interest 101957 62
7 87
11588 27
7906 48
2378 72
41823 96
5400 00
10510 30
5367 15
1250 50
14844 38
3496 46
12011 54
752 50
167 00
209 25
3684 00
2593 26
1521 45
314 14
10 52
828 31
816976 64
788
ComptrollerGeneral s Beport
10 Bills receivable 5000 net 189154 1941 54
11 Outstanding new premiums 5506 70
12 Total ledger assets 3624234 95
NonLedger Assets
13 Interest due 51121 and accrued 915844
on mortgages 9669 65
14 Interest accrued on bonds 2187 50
18 Interest due on Hill City Land Co 1854 85
19Interest accrued on special deposits 1402 48
20 Rents accrued on companys property or
lease 4391 30
21 Total interest and rents due and accrued 19505 78
25 Gross premiums due and unreported on
policies in force Dec 31 1913 less re
insurance premiums 32511 13
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums 29574 29
27 Totals 62Q85 42
28 Deduct loading 12417 09
29 Net amount of uneollected and deferred
premiums 4966jS 33
31 Unearned fire insurance premiums 1054 15
35 Gross assets 3694463 21
Deduct Assets Not Admitted
38 Agents debit balances gross 1891 54
40 Loans on personal security endorsed or
not 500000 bills receivable 5000 5050 00
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 1373 14
45 Total 8314 68
46 Admitted assets 3686148 53
VLiabilities Surplus and other Funds
Net present value of all the outstanding policies in force
on the 31st day of Dec 1913 as computed by the fol
lowing tables of mortality and rates of interest vizComptrollerGeneral s Report
789

2 American Experience table at 3 per cent
on Annual Dividend and single premium
policies issued according to the 1906 edi
tion rate book 2139370 85
Same for reversionary additions 2139370 85
3 American Experience table at 3 per cent
on all business exeept that specified
under No 2 1133832 66
Total 3273203 51
6 Deduct net value of risks of this company
reinsured in other solvent companies 824 29
8 Net reserve
13 Claims for death losses reported for which
no proofs have been received
16 Claims for death losses and other policy
claims resisted by the company
3272379 22
10500 00
5500 00
19 Total policy claims
21 Dividends and coupon credits left with the company to
accumulate at interest and accrued interest thereon
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or
accrued
28 Medical examiners fees
29 Estimated amount hereafter payable for federal state
land other taxes based upon the business of the year
of this statement
33 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
40 Contingency reserve
16000 00
7721 02
1729 69
36657 1G
2N70 84
3279 31
251 00
8745 18
8133 11
338 60
2500 00
45 Total
47 TJnassigned funds surplus
3360 305 13
325843 40
48 Total 3686148 53790 ComptrollerGenerals Report
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 9590455 00
18 Policies on the lives of citizens of said State issued dur
ing the year 489498 00
19 Total 1007995 00
20 Deduct ceased to lie in force during the year 2355649 00
21 Policies in force Dec 31 7724304 00
22 Losses and claims unpaid Dec 31 of previous year 400000 00
23 Losses and claims incurred during year 39500 00
24 Total 439300 0
25 Losses and claims settled during the year in cash 40000 00
26 Losses and claims unpaid Dec 31 3500 00
27 Premiums collected or secured in cash or notes or credits
without any deduction for losses dividends commis
sions or other expenses 250026 39
THE TRAVELERS INSURANCE COMPANY LIFE DEPARTMENT
Home Office No 700 Main Street Hartford Connecticut
Sylvester C Dunham President hums L Boward Secretary
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 65588183 24
4 Extended at 05588183 24
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 8062900 for first
years reinsurance 1472339 17
6 Surrender values applied to pay first years
premiums 790 54
7 Total first years premiums on original poli
cies 1473129 71
8 Dividends applied to purchase paidup addi
tions and annuities 20908 00ComptrolleeGeneeals Report
9 Surrender values applied to purchase paid
up insurance and annuities 30130 94
19 Consideration for original annuities involv
ing life contingnecies 123322 96
11 Consideration for supplementary contracts
involving life contingencies 12500 00
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 225
12957 for reinsurance on renewals 7691672 78
14 Dividends applied to pay renewal premiums 34670 63
16 Surrender values applied to pay renewal pre
miums 1405 07
17 Renewal premiums for deferred annuities 1139 76
18 Total renewal premiums
20 Total premium income
21 Consideration for supplementary contracts not involving
life contingencies
24 Gross interest on mortgage loans less 14
62047 accrued interest on mortgages ac
quired during 1913 1381008 21
26 Gross interest on bonds and dividends on
stocks less 2357584 accrued interest on
bonds acquired during 1913 1312424 57
27 Gross interest on premium notes policy loans
or liens 499992 86
28 Gross interest on deposits in trust companies
and banks 4656 79
32 Gross discount on claims paid in advance 2229 64
33 Gross rent from companys property in
cluding 10966646 for companys occu
pancy of its own buildings 12464035
34 Total gross interest and rents
26 Profit and loss miscellaneous from account previously
charged off
41 From agents balances previously charged off
42 Gross profit on sale or maturity of ledger assets viz Real
estate 50000 bonds 18100 total
43 Gross increase by adjustment in book value of ledger as
sets viz Bonds including 1712050 for accrual of dis
count
44 Total income 17171635 08
791
1659991 61
7728888 24
9388879 85
434062 03
3324952 42
56 69
122 50
681 00
22880 59
17171635 08
792
ComptrollerGenerals Report
IIIDisbursements
1 For death claims less 16224500 reinsur
ance 248604420 additions 381069
total 2489854 89
2 For matured endowments less 1550000 re
insurance 110332380 additions 11
44800 total 1114771 80
3 For total and permanent disability claims 2586 94
4 Net amounts paid for losses and matured endowments
5 For annuities involving life contingencies
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums 79054
to pay renewal premiums 140507 total
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to polieyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and annui
ties
59274 12
010702 76
2195 61
30130 94
773 47
34670 63
20908 00
15 Total paid polieyholders 4765869 16
16 Expense of investigation and settlement of policy claims
including 157653 for legal expense 9280 82
17 Paid for claims on supplementary contracts not involving
life contingencies 481365 68
19 Paid stockholders for interest or dividends 1780000 00
19 Discount on premiums paid in advance 2828 76
20 Commissions to agents less commission on reinsurance
First years premiums 58201571 renewal premiums
35729199 annuities original 427978 renewal
4389 total 943631 37
21 Commuted renewal commissions 10316 16
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 62003 38
24 Branch office expenses including salaries of managers and
clerks not included in item 22 257089 20
25 Medical examiners fees 9363638 inspection of risks
2537225 total 119008 63
26 Salaries and all other compensation of officers directors
trustees and home office employees 248938 86
27 Rent including 3477186 for companys occupancy of its
own buildings 119487 41
28 Advertising 2444274 printing and stationery 33y
59471 postage telegraph telephone and express 42
05941 exchange 98625 total 101083 21ComptrollerGenerals Report
793
29 Legal expense not included in item 1G
30 Furniture fixtures and safes
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
35 All other licenses fees and taxes Federal corporation tax
745270 state county and municipal licenses and fees
347851 state county and municipal taxes 149418
tax on participating reserve 900229 Mexican stamp
tax 2663 tax on capital stock 2062618 total
39 Other disbursements Heat light and miscellaneous expense
of office 1828603 newspapers periodicals and books
200596 mortgage loan expense 4154254 traveling
expenses of home office employees 960367 dues and
fees for membership various associations 437317 in
surance on companys employees and miscellaneous in
surance 414036 miscellaneous expense 285188
total
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz Bonds
431354 stocks 13361700 total
48 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 10408669 bonds 7682085
total
3637 37
36985 44
117783 25
30745 03
121528 32
11540 56
102080 49
82803 56
79 29
137930 54
180907 54
49 Total disbursements 9727824 03
IVLedger Assets
1 Home office real estate 2025000 00
Book value of real estate 215050 00
2 Mortgage loans on real estate first liens 27651330 85
4 Loans made to policyholders on this com
pany s policies assigned as collateral 10052748 10
6 Book value of bonds 2739566400 and
stocks 138236483 total 28778028 83
9 Deposits in trust companies and banks on
interest 309836 51
12 Total ledger assets 69031994 29
NonLedger Assets
13 Interest due 1115745 and accrued 568
69782 on mortgages 579855 27
14 Interest due 4851250 and accrued 412
84760 on bonds 461360 10
21 Total interest and rents due and accrued 1041215 37794
ComptrollerGeneral s Report
New Business Benewals
i5 Gross premiums due and un
reported on policies in
force Dec 31 1913 less
reinsurance premiums 12539 38 570286 49
26 Gross deferred premiums on
policies in force Decem
ber 31 3913 less rein
surance premiums 11184564 635844 79
27 Totals 124385 02
28 Deduct loading 18657 75
1206131 28
132674 44
29 Net amount of uncollected
and deferred premiums 105727 27 1073456 84 1179184 11
31 Due from reinsurance companies premium account 8853 14
35 Gross assets 71261246 91
DeductAssets Not Admitted
42 Overdue and accrued interest on bonds in
default 44375 00
44 Bonds and stocks 1514935 03
45 Total
1559310 03
46 Admitted assets 69701936 88
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
2 American experience table at 3 per cent on
all participating business and upon all
policies with surrender values based upon
this reserve 4929980 00
Same for reversionary additions 145511 00
Total 5075491 00
3 American experience table at 3 per cent on all policies
not included in section 2 56771595 00
5 Net present value of annuities including those in reduction
of premiums Emory McClintocks tables of mortality
among annuitants with 3i per cent interest 668859 00
Total 62515945 00ComptrollerGenerals Report
795
6 Deduct not value of risks of this company reinsured in other
solvent companies
Balancei
7 Extra reserve for total and permanent disability benefits
8 Net reserve
12 Claims for death losses in process of ad
justment or adjusted and not due 18928 44
13 Claims for death losses reported for which
no proofs have been received 193092 95
14 Reserve for net death losses incurred but
unreported See line 40
15 Claims for matured endowments due and
unpaid 5416 10
16 Claims for death losses and other policy
claims resisted by the company 8000 00
1210163 00
61305782 00
56907 00
61362689 00
19 Total policy claims
20 Due and unpaid on supplementary contracts not involving
life contingencies
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
25 Commissions to agents due or accrued
27 Salaries rents office expenses bills and accounts due or ac
crued
28 Medical examiners fees 991700 and legal fees 1
07100 due or accrued
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment upon
deferred dividend policies not included in Item 35
38 Additional for pro rata paidup insurance values
39 Additional for deferred reversionary and miscellaneous an
nuity contracts
40 Special contingency reserve
225437 49
750 00
63370 60
250430 69
5559 78
46801 00
10988 00
280187 00
5530 39
58433 80
166 00
180124 00
5000 00
15000 00
100000 00796 ComptrollerGenerals Eeport
42 Premiums paid in advance on risks which have not been ac
cepted by the company 1925 99
47 Unassigned funds surplus 2975920 14
48 Total 69701936 88
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 1565 4875810 00
18 Policies on the lives of citiens of said State is
sued during the year 185 497927 00
19 Total 1750 5373737 00
20 Deduct ceased to be in force during the year 96 310786 00
21 Policies in force December 31 1654 5062951 00
22 Losses and claims unpaid December 31 of previous
year 2 6000 00
23 Losses and claims incurred during year 25 88262 35
24 Total 27 94262 35
25 Losses and claims settled during the year in cash 26 92424 75
Saved by adjustment 837 60
26 Losses and claims unpaid December 31 1 1000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 143393 02
THE UNION CENTRAL LIFE INSURANCE COMPANY
Jesse B Clark President George L Williams Secretary
T H Daniel 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 89543331 68
4 Extended at 89543331 68 CoMPTEOLLERGrENERALS REPORT 797
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1738585 for first
years reinsurance 1666167 23
6 Surrender values applied to pay first years
premiums 1906 86
7 Total first years premiums on original pol
icies 1668074 09
8 Dividends applied to purchase paidup addi
tions and annuities 385906 83
9 Surrender values applied to purchase paid
up insurance and annuities 31747 60
10 Consideration for original annuities involv
ing life contingencies 21462 16
12 Total new premiums 2107190 68
13 Eenewal premiums in addition to items 14
16 and 17 without deduction for com
missions or other expenses less 132
37578 for reinsurance on renewals 8982134 73
14 Dividendsapplied to pay renewal premiums 1574965 61
16 Surrender values applied to pay renewal 110225 80
18 Total renewal premiums 10667326 14
20 Total premium income 12774516 82
21 Consideration for supplementary contracts not involving life
contingencies 71440 81
22 Dividends left with the company to accumulate at interest 992 76
24 Gross interest on mortgage loans less 180
40053 accrued interest on mortgages ac
quired during 1913 4525436 80
26 Gross interest on bonds and dividends on
stocks 500 00
27 Gross interest on premium notes policy
loans or liens 947804 75
28 Gross interest on deposits in trust companies
and banks 20357 29
29 Gross interest on other debts due the com
pany 2136 86
32 Gross discount on claims paid in advanve 1476 62
33 Gross rent from companys property includ
ing 4476836 for companys occupany
of its own buildings 102064 74
34 Total gross interest and rents 5599777 06798
CompteolleeGeneeals Report
36 Gross profit from compromise and adjustment of mortgage
loans
37 Proceeds of policies left with company to accumulate at in
terest
42 Gross profit on sale or maturity of ledger assets viz Real
estate
50816 41
17268 76
14725 16
44 Total income
IIIDisbursements
1 For death claims less 56750 reinsurance
248251280 additions 3361480 2516127 60
2 For matured endowments 441392 addi
tions 2947553 total 470867 53
2V2 For matured life rate endowments reserve
946095 surplus 95197739 1898072 39
4 Net amount paid for losses and matured endowments
5 For annuities involving life contingencies
6 Premium notes and liens voided by lapse less 1993389
restorations
7 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to pay new premiums 190680
to pay renewal premiums 11022580 total
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and annui
ties
14 Dividends left with the company to accumulate at interest
4885067 52
23333 25
91719 09
1848240 73
112132 66
31747 60
214215 34
1574965 61
385906 83
992 76
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
17 Paid for claims on supplementary contracts not involving
life contingencies
18 Dividends and interest thereon held on deposit surrendered
during the year
19 Paid stockholders for interest or dividends
20 Commissions to agents less commission on reinsurance
First years premiums 69519612 renewal premiums
66464493 annuities original 64834 total
21 Commuted renewal commissions
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
9168321 39
2922 26
84357 92
649 15
50000 00
1360489 39
40170 00
57409 44
CompteollebGenebals Repobt
799
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 8326250 inspection of risks
616597 j total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Rent including 4476836 for companys occupancy of its
own building
28 Advertising 4456027 printing and stationery 4270848
postage telegraph telephone and express 2413886 ex
change 27882 total
29 Legal expense not included in item 16
30 Furniture fixtures and safe
31 Repairs and expenses other than taxes on real estate
32 Taxes on real estate
33 State taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
37 Hamilton County local tax
38 Interest on policy claims
40 General expense home office
41 Traveling expense home office
42 Mortgage loan expense expense of making new investment
43 Mortgage expense expense of maintaining mortgage in
vestment
44 Profit and loss gross loss on mortgage loans
46 Agents balances charged off
47 Gross loss on sale or maturity of ledger assets viz Real
estate
55637 30
89428 47
438023 09
78633 30
111686 53
24771 62
17576 45
7213 85
27481 09
169525 50
48286 28
11222 86
5343 23
7209 27
21825 62
15341 51
285693 68
69169 92
3482 80
198592 70
2889 11
disbursements 12453353 73
IVLedger Assets
000 in
15451672 91
2080635 20
25000 00
16502 44
9106 75
795146 05
49 Total
1 Book value of real estate less
cumbrances
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this com
panys policies assigned as collateral
5 Premium notes on policies in force of which
45707487 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
32 Total
ledger assets95619515 73800
ComptbollebGeneeals Repoet
NonLedger Assets
13 Interest due 8316321 and accrued 2
65770574 on mortgages 2740868 95
14 Interest accrued on bonds 125 00
16 Interest due 6313074 and accrued 64
19096 on premium notes policy loans or
liens 47289980 policy loan total 600221 50
20 Rents due on companys property or lease 1025 25
21 Total interest and rent due and accrued
24 Due from other companies for losses or claims on policies
of this company reinsured
25 Gross premiums due and unreported on poli
cies in force December 31 1913 less re
insurance premiums 580339 17
26 Gross deferred premiums on policies in force
December 31 1913 less reinsurance pre
miums 113450 52
27 Totals 693789 69
28 Deduct loading 138757 94
29 Net amount of uncollected and deferred premiums
3342240 70
7500 00
555031 75
35 Gross assets 99524288 18
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 1155 19
43 Book value of real estate over market value 421943 62
45 Book values of bonds over market value 500 00
Total
423598 81
46 Admitted assets 99100689 37
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of in
terest viz
Actuaries table at 4 per cent on issues of 1900 and prior
years i 25779043 00ComptrollerGeneral s Report 801
2 American experience table at 3 per cent on issues of 1901
and subsequent years 41638911 00
Same for reversionary additions 2222323 00
5 Net present value of annuities including those in reduction
of premiums Actuaries 4 per cent issues of 1900
and prior years 798o0 00
McClintocks 3y2 per cent issues of 1901 and subsequent
years 152371 00
Total 79872498 00
6 Deduct net value of risks of this company reinsured in other
solvent companies 516994 00
8 Net reserve 79355504 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 941190 00
12 Claims for death losses in process of ad
justment or adjusted and not due 24269 54
13 Claims for death losses reported for which
no proofs have been received 101378 60
14 Reserve for net death losses incurred but
unreported 75000 00
15 Claims for matured endowments due and
unpaid 9191 00
16 Claims for death losses and other policy
claims resisted by the company 5000 00
19 Total policy claims 214839 14
21 Dividends left with the company to accumulate at interest
and accrued interest thereon 1308 77
22 Premiums paid in advance including surrender values so
applied 99702 80
23 Unearned interest and rent paid in advance 68458 58
24 Commissions due to agents on premium notes when paid 285803 07
26 Cost of collection on uneollected and deferred premiums
in excess of the loading thereon 4936 38
27 Salaries rents office expenses bills and accounts due or
accrued 5840 17
28 Medical examiners fees 8942 00
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 214846 59
33 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 158503 91802 ComptrollerGenerals Eeport
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 2347845 79
35 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1914 1098847 00
36 Amounts set apart apportioned ascertained calculated de
clared or held awaiting apportionment upon deferred div
idend policies not included in Item 35 9511410 00
38 Deposits for abstracts temporarily loaned 2755 interest
received on loans contracted for 1914 1162840 prin
cipal payments received on loans contracted for 1914
500 commissions received by company on loans con
tracted for 1914 192850 total 16811 90
41 Due upon individual accounts 10470 54
42 Proceeds of policies left with company to accumulate at in
terest and accrued interest thereon 1 413 68
43 Surplus interest accrued in excess of contract rates allowed
in connection with items 9 21 42 619 41
45 Surplus derived from nonparticipating policies 1520508 9l
46 Capital stock 500000 00
47 Unassigned funds surplus derived from partic policies 2716886 68
48 Total 99100689 37
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 7479 15008665 00
IS Policies on the lives of citizens of said State is
sued during the year 1044 3012997 00
19 Total 8523 18621662 00
20 Deduct ceased to be in force during the year 624 1424583 00
21 Policies in force December 31 7899 17197079 00
22 Losses and claims unpaid December 3 of previous
year 2 5000 00
23 Losses and claims incurred during year 37 133674 04
24 Total 39 138674 04
25 Losses and claims settled during the year in cash 39 138674 04
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 520125 97ComptrollerGeneral s Eeport
803
UNITED STATES ANNUITY AND LIFE INSURANCE COMPANY
Henry A Salzer President Wm T Smith Secretary
Wm A Wright Ins Comr Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 885919 97
4 Extended at 885919 97
IIIncome

5 First years premiums on original policies
without deduction for commissions or
other expenses less 160819 for first
years reinsurance 92259 24
8 Dividends applied to purchase paid up ad
ditions and annuities 16 81
9 Surrender values applied to purchase paid
up insurance and annuities 3394 66
12 Total new premiums
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
672154 for reinsurance on renewals
14 Dividends applied to pay renewal prem
iums
18 Total renewal premiums
253692 12
20699 27

20 Total premium income
22 Dividends left with the company to accumulate at in
terest
24 Gross interest on mortgage loans less
14367 accrued interest on mortgages
acquired during 1913 16595 39
25 Gross interest on collateral loans 13100 00
26 Gross interest on bonds and dividends on
stocks less 764130 accrued interest on
bonds acquired during 1913 4111 38
27 Gross interest on premium notes policy
Iqans or liens 4967 11
95570 71
274391 39
369913 10
2295 54804 ComptrollerGenerals Keport
28 Gross interest on deposits in trust com
panies and banks 1137 60
33 Gross rent from companys property 376 03
34 Total gross interest and rents 40288 41
37 Suspense 766 81
44 Total income 413312 86
IIIDisbursements
1 For death claims less 511428 reinsurance 36962 95
4 Net amounts paid for losses and matured endowments 36962 95
6 Premium notes and liens voided by lapse 2559 98
7 Surrender values paid in cash or applied in liquidation
of loans or notes 13044 31
9 Surrender values applied to purchase paid up insurance
and annuities 3294 66
11 Dividends applied to pay renewal premiums 20699 27
13 Dividends applied to purchase paid up additions and
annuities 16 81
14 Dividends left with the Company to accumulate at inter
est 2295 54
15 Total paid policyholders 78873 52
16 Expense of investigation and settlement of policy claims 1143 56
18 Dividends and interest thereon held on deposit surren
dered during the year 238 37
20 Commissions to agents less commissions on reinsurance
First years premiums 5407896 renewal premiums
3691044 total 90989 40
25 Medical examiners fees 1242250 inspection of risks
280700 total 15229 50
26 Salaries and all other compensation of officers directors
trustees and home office employees 23201 70
27 Rents 2600 00
28 Advertising 125890 printing and stationery 85172
postage telegraph telephone and express 218417
exchange 22103 4515 82
29 Legal expense not included in item 16 2292 59
30 Furniture fixtures and safes 240 45
32 Taxes on real estate 567 09
33 State taxes on premiums 5270 65
34 Insurance department licenses and fees 3620 54
35 All other licenses fees and taxes Federal corporation
tax 319 16
37 Personal tax 495 01
ComptrollehGeneeals Eepoht
805
38 Municipal fees etc
41 Interest on borrowed money
42 Miscellaneous expense
43 Investment expense
49 Total disbursements
2478 93
1855 IS
1930 12
464 09
236328 56
IVLedger Assets
10
1 Book value of real estate
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks
or other collateral
4 Loans made to policyholders on this com
panys policies assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 39155550 and
stocks 10067500
7 Cash in companys oifice
8 Deposits in trust companies and banks
not on interest
9 Deposits in trust companies and banks on
interest
Bills receivable
23000 00
290305 00
120000 00
82398 82
116082 43
492230 50
483 74
13403 78
24800 00
38887 52
12 Total ledger assets 1062904 27
NonLedger Assets
13 Interest due 189321 and accrued 5
65328 on mortgages 7546 49
14 Interest accrued on bonds 16441 56
17 Interest accrued on other assets Certifi
cates of deposit 139 48
21 Total interest and rents due and accrued
23 Market value not including interest in item 14 of bonds
and stocks over book value
25 Gross premiums due and unreported on
policies in force December 31 1913
less reinsurance premiums
26 Gross deferred premiums on policies in
force Dec 31 1913 less reinsurance
premiums
24127 53
7569 50
26774 59
15180 59
27 Totals
28 Deduct loading
41955 18
8304 03
29 Net amount of uncollected and deferred premiums 33651 15
35 Gross assets 1128252 45806 ComptrollerGenerals Keport
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 1911 79
46 Admitted assets 1136340 66
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force
on the 31st day of December 1913 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 policies
issued during 1906 and 1907 249704 00
2 American Experience table at 3 per cent
on all policies issued since Dec 31 1907 470846 0O
Total 720550 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 5641 00
8 Net reserve 14909 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 872 00
13 Claims for death losses reported for which
no proofs have been received 168 00
16 Claims for death losses and other policy
claims resisted by the company 308 80
19 Total policy claims 476 80
21 Dividends left with the company to accumulate at in
terest and accrued interest thereon 6109 05
22 Premiums paid in advance including surrender values so
applied 1135 87
23 Unearned interest and rent paid in advance 2265 87
24 Commissions due to agents on premium notes when paid 2412 36
27 Salaries rents office expenses bills and accounts due or
accrued 186 82
28 Medical examiners fees 75000 and insp fees due or
accrued i010 98
29 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 5A47 25
33 Dividends or other profits due policy holders including
those contingent on payment of outstanding and de
ferred premiums 2797 27COMPTROLLERGENERALS REPORT 807
34 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1914 whether
contingent upon the payment of renewal premiums or
otherwise 27741 20
36 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
35 6776 59
46 Capital stock 300000 00
47 Unassigned funds surplus 54493 50

48 Total 1126340 66
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 488544 00
18 Policies on the lives of citiens of said state issued during
the year 317483 00
19 Total 806 027 00
20 Deduct ceased to be in force during the year 324370 00
21 Policies in force Dec 31 481657 00
23 Total losses and claims incurred during year 5000 00
25 Losses and claims settled during the year in cash 5000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 12327 46
Ail
THE VOLUNTEER STATE LIFE INSURANCE COMPANY
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 3J of previous year 1372228 73
4 Extended at 1372228 73
ITIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 451517 for first
year s reinsurance 126821 88808
ComptrollerGenerals Report
3 Dividends applied to purchase paidup addi
tions and annuities 489 39
9 Surrender values applied to purchase paid
up insurance and annuities 686 00
12 Total new premiums
13 Renewal premiums in addition to items 14
16 and 17 without deduction for commis
sions or other expenses less 1055234
for reinsurance on renewals
14 Dividends applied to pay renewal premiums
127997 27
474952 00
5988 33
18 Total renewal premiums
20
21
24
25
26
27
29
31
Total premium income
Consideration for supplementary contracts not involving
life contingencies
Gross interest on mortgage loans less
41446 accrued interest on mortgages ac
quired during 1913 52313 72
Gross interest on collateral loans 2860 00
Gross interest on bonds and dividends on
stocks 4239 78
Gross interest on premium notes policy
loans or liens 20717 97
Gross interest on deposit in trust companies
and banks 1018 58
Interest miscellaneous 1786 83
Commissions on mortgage loans 3151 02
34 Total gross interest
36 Worthless premium notes previously written off
37 Mortgage loan expense credit
38 Premiums pending increase
41 From agents balances previously charged off
42 Gross profit on sale or maturity of ledger assets viz Bonds
480940 33
608937 60
3136 00
86087 90
1363 28
56 71
36 09
799 86
482 77
44 Total income
700900 21
IIIDisbursements
1 For death claims 147693 00
4 Net amounts paid for losses and matured endowments 147693 00
5 For annuities involving life contingencies 696 60
6 Premium notes and liens voided by lapse 3936 59
7 Surrender values paid in cash or applied in liquidation of
loans or notes 55175 97ComptrollerGenerals Report
809
9 Surrender values applied to purchase paidup insurance and
annuities
10 Dividends paid to policyholders in cash or applied in liqui
dation of loans or notes
11 Dividends applied to pay renewal premiums
13 Dividends applied to purchase paidup additions and an
nuities
15 Total paid policyholders
16 Expense of investigation and settlement of policy claims
17 Paid for claims on supplementary contracts not involving
life contingencies
20 Commissions to agents less commission on reinsurance
First years premiums 8034611 renewal premiums
2290097 total
21 Commuted renewal commissions
22 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
23 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Branch office expenses including salaries of managers and
clerks not included in item 22
25 Medical examiners fees 1258515 inspection of risks
400813 total
26 Salaries and all other compensation of officers directors
trustees and home office employees
27 Kent
28 Advertising 420732 printing and stationery 349812
postage telegraph telephone and express 257528 ex
change 8520 total
29 Legal expense not included in item 16
30 Furniture fixtures and safes
31 Repairs and expenses home office furniture
32 Trust funds paid off
33 State taxes on premiums
34 Insurance department licenses and fees
36 Federal corporation tax
37 Taxes on assets
38 Licenses cities etc
40 Premium reduction couponspaid
41 Traveling expenses home office 38311 inc expenses
82865 total
42 Lights 11216 office sup 37253 ins fire 6015 total
43 Ins books and papers 25877 actuary 76375 total
44 Departmental exams 135516 sundry 61868 total
46 Agents balances charged off
686 00
2926 90
5988 33
489 39
V
217592 78
1210 51
3568 10
103247 08
22086 19
9953 24
7826 46
3026 42
16593 28
32383 49
2415 00
10963 52
40 15
412 80
121 76
11853 40
5146 65
1154 19
170 41
2572 80
437 50
7411 88
1211 81
54584
1022 22
1973 84
6857 81
810
ComptrollerGenerals Keport
47 Gross loss on sale or maturity of ledger assets viz Decrease
premiums paid in advance 10855 decrease premium re
duction coupons unpaid 87150 total
49 Total disbursements
980 05
472779 19
IVLedger Assets
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or
other collateral
4 Loans made to policyholders on this com
panys 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 Bills receivable 116652 agents balances
debit 280455 credit 78632 net
201823 total
936390 00
61000 00
315426 24
26202 94
1892S0 40
1891 39
11912 85
55161 19
3184 75
12 Total ledger assets 1600349 76
NonLedger Assets
13 Interest due 35500 and accrued 21
38728 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest accrued on premium notes policy
loans or liens
21742 28
4392 81
2296 00
488 30
21 Total interest due and accrued 28919 39
24 Due from other companies for losses or claims on policies
of this company reinsured 2000 00
29 Net amount of uncollected and deferred premiums 50573 78
35 Gross assets 1681841 93
Deduct Assets Not Admitted
38 Agents debit balances gross
40 Bills receivable
2804 55
1166 52ComptrollerGenerals Beport
811
41 Premium notes and loans on policies and net
premiums in item 29 in excess of the net
value of their policies
1947 84
45 Total
5918 91
46 Admitted assets 1675923 02
VLiabilities Surplus and Other Funds
Net present value of all the outstanding policies in force on
the 31st day of December 1913 as computed by the com
pany on the following tables of mortality and rates of
interest viz
1 Actuaries table at 4 per cent prior to April 1st 1912
Same for reversionary additions
2 American experience table at 3 per cent since April 1st
1912
5 Net present value of annuities including those in reduction
of premiums
Total
6 Deduct net value of risks of this company reinsured in other
solvent companies
7 Extra reserve for total and permanent disability benefits
and for additional accidental death benefits included in
life policies
8 Net reserve
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies
16 Claims for death losses and other policy claims resisted by
the company
22 Premiums paid in advance including surrender values so
applied
23 Unearned interest and rent paid in advance
24 Commissions due to agents on premium notes when paid
27 Salaries rents office expenses bills and accounts due or ac
crued
28 Medical examiners fees
29 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
33 Dividends or other profits due polieyholders including those
contingent on payment of outstanding and deferred pre
miums
38 Premium reduction coupons unpaid
42 Premiums pending
1399808 00
3505 00
65398 00
570 00
10753 00
1255 00
1459783 00
9417 30
5000 Of
796 93
7706 23
2019 31
447 OO
900 00
3500 00
962 02
498 80
94 45812 ComptbollebGenebals Report
40 Capital stock 100000 00
47 Unassigned funds surplus 84797 91
48 Total 1675923 02
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 1334 2321754 00
18 Policies on the lives of citizens of said State is
sued during the year 451 702070 00
19 Total 1785 3023824 00
20 Deduct ceased to be in force during the year 1357 586305 00
21 Policies in force December 31 1428 2437519 00
22 Losses and claims unpaid December 31 of pre
vious year 1 1000 00
23 Losses and claims incurred during year 12 14080 00
24 Total 13 15080 00
25 Losses and claims settled during the year 13 15080 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 66078 87ASSESSMENT COMPANIES
AMERICAN INSURANCE COMPANY
Home Office Savannah Ga
N F Counts President H A Rushin
1 Balance from previous year
IIIncome
1 Membership fees actually received
6 Annual dues payable weekly
9 Total received from applicants and members items 1 to
10 Deduct payments returned to applicants and members
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
17 Gross rents from associations property
18 Borrowed money
20 Sale of 316 guaranty fund certificates at 100 each
29 Total income items 11 to 28
30 Amounts carried forward sum of balance from previous
year and item 29
31 Gross amount of membership fees required or represented
by applications
IIIDisbursements
1 Death claims
3 Sick and accident claims
10 Total payments to members item 1 to 9
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees
17 Salaries of office employees No 2
23 Insurance fees and licenses
24 Other licenses and fees City 240 county 31 total
29 State county and city taxes on real estate
31 Bent
32 Advertising printing and stationery
Secretary
20557 42
1889 65
49177 73
51067 38
104 50
50962 88
175 00
1 50
116 25
850 00
31600 00
83705 63
63148 21
1889 65
2501 95
17494 69
19996 64
25176 50
5100 00
911 33
103 00
271 00
130 68
640 00
223 83
814
ComptrollerGenerals Report
33 Postage express telegraph and telephone
34 Legal expense in litigating claims
38 Borrowed money 850 mortgages thereon 2300
40 Premiums on fire insurance policies
41 Office expense
42 Borrowed money
43 Exchange
47 Total disbursements items 1 to 46
IVLedger Assets
1 Book value of real estate
4 Book value of bonds and stocks
6 Deposited in trust companies and banks not on interest
7 Cash in associations office
10 Other ledger assets viz Furniture and office equipment
11 Deposited with Georgia By Power Co Atlanta to secure
account
13 Total ledger assets
NonLedger Assets
15 Interest due on bonds
25 Weekly premiums due and unpaid on policies in force
26 Less estimated cost of collection 32 per cent
40 Total admitted assets
VLiabilities
13 Sick and accident claims adjusted not yet due No 136
23 Advance premiums or assessments
25 Accrued interest on 2300 mortgage
26 Reserve as per Act of August 16 1909
27 Surplus
30 Total liabilities
120 31
46 35
174 07
19 20
364 OS
650 00
18 93
54259 73
2700 00
4700 00
21 10
116 68
1340 70
10 00
8888 48
43 75
737 82
236 10
9433 95
121 97
31 60
23 49
2489 77
6767 12
9433 95ComptrollerGenerals Report
815
ATLANTA MUTUAL LITE AND ACCIDENT ASSOCIATION
A F Herndon President T K Gibson Secretary
Hon W A Wright Attorney for Service in Georgia
1 Balance from previous year 12395 8
IIIncome
1 Membership fees actually received 3977 60
4 Medical examiners fees actually received 193021 42
6 F SA 163 75
7 Kenewal 915 05
9 Total received from applicants and members items 1 to 8 198077 82
13 Gross interest on bonds and dividends on stock 350 00
20 Agents deficiency 643 3
21 Agents cash bond reserve 555 3
22 Advance by officers 250 00
23 Pro rata reinsurance fee 500 00
25 Returned check and miscellaneous 1842 02
26 From agents balances previously charged off 120 49
27 Gross profit on sale or maturity of ledger assets viz To st
life 6500 00
28 Gross increase by adjustment in book value of ledger as
sets viz Eeinsurance profit 118 25
29 Total income items 11 to 28 208956 98
30 Amounts carried forward sum of balance from previous
year and item 29 221352 80
IIIDisbursements
1 Death claims 14368 3
3 Sick and accident claims 72616 45
6 Beturn of premium and cancelled policies 153 64
10 Total payments to members items 1 to 9 87138 22
12 Commissions and fees paid to agents on account of subse
quent years fees dues assessments or premiums 65463 60
13 Salaries of managers or agents not paid by commissions 21589 58
17 Salaries of office employees 4891 44
21 Traveling and other expenses of managers and agents 3804 53
23 Insurance department fees and licenses 534 00
25 Municipal tax and license 2132 37
26 State and county 190 11
31 Eent 2515 41816 ComptrollerGenerals Report
32 Advertising printing and stationery 1948 60
33 Postage express telegraph and telephone 1376 40
38 Borrowed money interest on due cert 930 00
40 Ala reorg exp 698 39
41 Agents reserve refund 258 28
42 Return treas advance 463 94
43 Miscellaneous 1841 70
44 Agents balances charged off 1038 27
45 Gross purchase of ledger assets viz Int 3043 75
47 Total disbursements items 1 to 46 199858 59
IVLedger Assets
4 Book value of bonds 8000 stocks 8875 total 16875 00
5 Deposited in trust companies and banks on interest Ga Sav
Bank 599 68
10 Other ledger assets 243 75
13 Total ledger assets 27494 21
NonLedger Assets
1 Premium due and in process of collection 510825 less
30 per cent cost of collection 133247 4775 78
4019 53
30 Gross assets 21494 21
VLiabilities
2 Death claims adjusted not yet due 203 32
13 Sick and accident claims adjusted not yet due 1010 25
IS Total unpaid claims 1213 57
19 Salaries rents expenses bills and accounts due or accrued 51 55
2 I Taxes due or accrued 771 30
22 Borrowed money 86875 on due certif interest due or ac
crued on same 18000 total 1048 75
25 Checks out 116 65
26 Agents res and salary due 46 05
27 Reserve required on st life reinsurance 4700 00
28 Reserve on Atlanta Mut 47274000 at 150 per n 7091 00
29 Surplus above ill legal requirements 6455 24
30 Total liabilities 21494 21ComptrollerGeneral s Report
817
BANKEES HEALTH AND LIFE INSURANCE COMPANY OF
MACON GA
5292 15
181983 55
187275 70
390 82
186884 88
400 00
100 00
19 15
187404 03
203729 66
608 to 611 Grand Bldg Macon Ga
P L Hay President P C Carnes Secretary
Robt L Berner Macon Ga Attorney for Service in Georgia
1 Balance from previous year 16325 63
IIIncome
1 Membership fees actually received
2 First years assessments or premiums
9 Total received from applicants and members items 1 to 8
10 Deduct payments returned to applicants and members
11 Net amount received from applicants and members
13 Gross interest on bonds and dividends on stock
15 Gross interest on deposits in trust companies and banks
20 J J Brazzech paid on account
29 Total income items 11 to 28
30 Amounts carried forward sum of balance from previous
year and item 29
IIIDisbursements
i
1 Death claims
3 Sick and accident claims
10 Total payments to members items 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
17 Salaries of office employees
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
26 Special examination
27 Taxes on assessments or premiums
28 Other taxes
31 Rent
13572 25
57514 70
71086 95
63138 33
11948 75
20668 76
3252 23
33 00
2223 21
62 88
334 00
688 00
285 20
195 35
476 74
7 2489 70
818 ComptrollerGenerals Eeport
32 Advertising printing and stationery 1244 42
33 Postage express telegraph and telephone 789 17
24 Legal expense in litigating claims 221 20
35 Other legal expenses 255 5
37 Furniture and fixtures 221 45
40 Fuel and lights 75 60
41 Miscellaneous expenses 708 28
42 Interest on income certificates 1368 00
44 Agents balances charged off see profit and loss 242 06
47 Total disbursements items 1 to 46 181967 73
IVLedger Assets
4 Book value of bonds 13874 00
5 Deposited in trust companies and banks on interest Macon
National Bank 4000 00
6 Deposited in trust companies and banks not on interest
Macon National Bank 506 01
7 Cash in association s office 408 13
8 Agents balances debit 13257 credit 13878 net 26 21
12 Furniture and fixtures 3000 00
13 Total ledger assets 21761 93
NonLedger Assets
i
25 Gross premiums due and unpaid 404024 less 25 per cent
for collection 101008 3Q30 17
30 Gross assets 24792 10
Deduct Assets Not Admitted
31 Agents debit balances 132 57
37 Furniture and fixtures 3000 00
39 Total 3132 57
40 Total admitted assets 21659 53
VLiabilities
15 Sick and accident claims reported filed but not yet ad
justed No 323 988 50
19 Salaries rents expenses bills and accounts clue or accrued 385 38
21 Taxes due or accrued Due State 140 69CompteollebGenerals Bepobt 819
23 Advance premiums or assessments 1486 60
25 Eeserve required 15241 65
30 Total liabilities 18242 82
Business in the State of Georgia During the Year
No Amount
1 Policies or certificates in force December 31 1912
as per last statement35626 926276 00
2 Policies or certificates written during the year 35861 93386 00
4 Totals71487 1858662 00
5 Deduct terminated or decreased during the year 36252 982552 00
6 Total benefit certificates in force December 31 1913 35235 916110 00
7 Policies or certificates terminated by death during
the year 467 13572 25
8 Policies or certificates terminated by lapse during
the year 36252 942552 00
CONTINENTAL AID ASSOCIATION
Home Office Atlanta Ga
B M Cross President LeEoy Smith Secretary
1 Balance from previous year 6396 95
IIIncome
1 Membership fees actually received 4003 75
2 First year s assessments or premiums 103464 99
9 Total received from applicants and members items 1 to 8 107468 74
10 Deduct payments returned to applicants and members 193 15
11 Net amount received from applicants and members 107275 59
13 Gross interest on bonds and dividends on stock 200 00
18 Borrowed money 1749 62
29 Total income items 11 to 28 109225 21
30 Amounts carried forward sum of balance from previous
year and item 29 115622 16820
OompteollerGenebals Report
IIIDisbursements
I Death claims 8183 15
3 Sick and accident claims 36733 39
10 Total payments to members items 1 to 9 44916 54
13 Salaries of managers or agents not paid by commissions 53267 60
14 Salaries of officers and trustees 4755 00
23 Insurance department fees and licenses 253 00
25 Municipal license 485 60
28 Other taxes 124 53
31 Kent 1460 50
32 Advertising printing and stationery 836 30
35 Other legal expenses 199 10
40 Miscellaneous expenses 2056 87
41 Interest guarantee fund certificates 354 00
42 Accounts payments from last year 73 95
43 Bond premiums from last year 21 50
44 Agents balances charged off 1103
47 Total disbursements items 1 to 46 108815 52
IVLedger Assets
4 Book value of bonds 5100 00
7 Cash in associations office 531 50
9 Bills receivable 42 50
10 Other ledger assets viz Furniture and fixtures 1106 89
II Cash in hands of agents 25 75
13 Total ledger assets 6806 64
NonLedger Assets
25 Premiums due and unpaid 1723 20
26 Less cost of collecting 258 48
27 Net amount due by policyholders 1464 72
28 Less premiums paid in advance 176 76
29 Due by policyholders less adv payments 1287 92
30 Gross assets 8094 56
Deduct Assets Not Admitted
32 Bills receivable 42 50
40 Total admitted assets 8052 06ComptrollerGenerals Keport
VLiabilities
21 Taxes due or accrued
22 Borrowed money
25 Agents bond premiums
30 Total liabilities
Business in The State of Georgia During The Year
No
1 Policies or certificates in force December 31 1912
as per last stateemnt16108
2 Policies or certificates written during the year24638
4 Totals 40740
5 Deduct terminated or decreased during the year 24354
6 Total benefit certificates in force December 31 1913 16392
11 Received during the year from members in Georgia
821
72 33
1749 62
10 00
1831 95
Amount
387469 12
592652 30
980121 42
600509 23
379612 19
107275 59
FARMERS COOPERATIVE ASSESSMENT FIRE INSURANCE CO
J M Ball President J T Goodman Secretary
H M Fletcher Attorney for Service
fc 75 29
1 Balance from previous year
IIIncome
1 Membership fees actually received 2638 48
5 Other payments by applicants and members Assess for
14078 31
losses
9 Total received from applicants and members items 1 to 8 16716 79
lo Deduct payments returned to applicants and members 14078 31
11 Net amount received from applicants and members 2638 48
30 Amounts carried forward sum of balance from previous
year and item 29 2713 822 ComptrollerGenerals Report
IIIDisbursements
Fire losses 14078 31
11 Commissions and fees paid to agents on account of first
years fees due assessments or premiums 1476 54
13 Salaries of managers or agents paid by commissions 833 50
21 Traveling and other expenses of managers and agents 24 83
23 Insurance department fees and licenses 40 00
25 Registration fee 50
26 State income tax 6
32 Advertising printing and stationery 103 79
33 Postage express telegraph and telephone 12 53
34 Legal expense in litigating claims lo 00
47 Total disbursements items 1 to 46 2536 36
48 Balance before transfers deduct item 47 from amount
brought forward 41
IVLedger Assets
7 Cash in associations office 5 41
8 Agents balances 00
13 Total ledger assets 77 41
VLiabilities
2 Fire losses adjusted not yet due No 4 1960 00
21 Taxes due or accrued 40 00
30 Total liabilities 2000 00
Business in The State of Georgia During The Year
No Amount
1 Policies or certificates in force December 31 1912
as per last statement 4374 4569607 00
2 Policies or certificates written during the year 235 235345 00
4 Totals 4609 4804952 00
5 Deduct terminated or decreased during the year 57 42235 00
6 Total benefit certificates in force Dec 31 1913 4552 4762717 00ComptrollerGenerals Beport 823
FARMERS MUTUAL ASSESSMENT TIRE INSURANCE COMPANY
T L Johnson President J 1 Hurt Secretary
J G B Erwin Attorney for Service
1 Balance from previous year 2680 67
IIIncome
1 Membership fees actually received from premiums 5417 88
10 Deduct payments returned to applicants and members 156 82
11 Net amount received from applicants and members 5261 06
IIIDisbursements
1 Losses by fire 27 30
11 Commissions and fees paid to agents on account of first
year a fees due assessments or premiums 15 per cent of
premium 803 53
14 Salaries of officers and trustees ij293 50
27 Taxes on assessments or premiums 53 98
32 Advertising printing and stationery 98 91
33 Postage express telegraph and telephone 34 22
34 Legal expense in litigating claims 76 40
47 Total disbursements items 1 to 46 4530 84
IVLedger Assets
5 Deposited in trust companies and banks on interest 1000 00
6 Deposited in trust companies and banks not on interest 1044 61
11 Notes in companys office 3075 1
13 Total ledger assets 5119 78
VLiabilities
25 Cash and notes 5n9 78
FARMERS PROTECTIVE FIRE INSURANCE COMPANY
J W Philips President A H Floke Secretary
L B Norton Attorney for Service
1 Balance from previous year
62 0894 02
2947 06
3041 08
2 35
3038 73
3100 81
824 ComptrollerGenerals Report
IIIncome
1 Membership fees actually received
3 Subsequent years assessments or premiums
9 Total received from applicants and members items 1 to 8
10 Deduct payments returned to applicants and members
11 Net amount received from applicants and members
30 Amounts carried forward sum of balance from previous
year and item 29
IIIDisbursements
7 Losses paid
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees No 1 sec and treas
28 Other taxes State
32 Advertising printing and stationery
33 Postage express telegraph and telephone
35 Other legal expenses
38 Borrowed money 600 interest thereon
41 Agents commissions
47 Total disbursements items 1 to 46
IVLedger Assets
6 Deposited in trust companies and banks not on interest
9 Bills receivable Assessments due and unpaid
13 Total ledger assets
NonLedger Assets
26 Supplies stationery and printed matter
30 Gross assets
VLiabilities
3 Claim resisted No 1
Business in The State of Georgia During The Year
1 Policies or certificates in force December 31 1912 as per
last statement 556432 50
1835 00
299 14
300 00
25 00
L4 85
29 00
100 00
3 33
184 12
2800 44
300 37
1078 94
1379 31
150 00
1529 31
500 00ComptrollerGenerals Report 825
2 Policies or certificates written during the year 28280 00
3 Policies or certificates increased during the year 10100 00
4 Totals 594812 50
5 Deduct terminated or decreased during the year 42468 00
6 Total benefit certificates in force December 31 1913 552344 50
THE FREE STATE CO OPERATIVE ASSESSMENT FIRE INSURANCE
COMPANY
G O Griffith President J T Baker Secretary
G P Whitworth Attorney for Service
IIIncome
1 Membership fees actually received 506 50
IIIDisbursements
11 Commissions and fees paid to agents on account of first
years fees due assessments or premiums 145 30
14 Salaries of officers and trustees 21 64
23 Insurance department fees and licenses 25 00
25 Charter fee 100 00
26 Certified copy 2 50
32 Advertising printing and stationery 92 18
33 Postage express telegraph and telephone 2 22
35 Other legal expenses attorney for obtaining charter 50 00
47 Total disbursements items 1 to 46 438 84
48 Balance before transfers deduct item 47 from amount
brought forward cash 67 66
Business in The State of Georgia During The Year
2 Policies or certificates written during the year 1913 173160 00
826
ComptrollerGenerals Beport
THE GERMAN MUTUAL FIRE INSURANCE COMPANY
Home Office 17 Bay St Savannah Ga
C H Konemann President Fred Wessels Jr Secretary
U H McLaws Attorney for Service in Georgia
IIIncome
6 Premiums 1600G 57
7 Interest See 12 to 16
8 Guarantee fund 30084 85
12 Gross interest on mortgage loans 5804 32
13 Gross interest on bonds and dividends on stocks 785 02
14 Gross interest on collateral loans 268 50
15 Gross interest on deposits in trust companies and banks 336 00
17 Gross rents from associations property 210 00
18 Borrowed money 5932 14
Total income items 11 to 28 59427 40
IIIDisbursements
6 Fire loss 191 25
14 Salaries of officers and trustees No 3 3245 00
16 Salaries and other compensation of committees 225 00
17 Salaries of office employees No 2 857 50
23 Insurance Department fees and licenses 25 50
25 City taxes 205 00
27 Taxes on premiums 69 76
29 United States income tax 14 36
31 Rent 210 00
32 Advertising printing and stationery 866 24
33 Postage express telegraph and telephone sundries 619 70
35 Other legal expenses retainer 50 00
37 Furniture and fixtures 25 per cent off 220 06
38 Borrowed money 600000 interest thereon 187 71
40 Guarantee fund interest 5182 50
47 Total disbursements items 1 to 46 12169 58
IVLedger Assets
2 Mortgage loans on real estate first liens 99718 42
3 Loans secured by pledge of bondsstocks or other collateral 9450 00
4 Book value of stocks 13867 75ComptrollerGenerals Beport 827
5 Deposited in trust companies and banks on interest 11542 07
6 Deposited in trust companies and banks not on interest gen
eral department balances 2407 40
9 Bills receivable 1777 38
10 Other ledger assets viz Furniture and fixtures 319 12
11 Ledger accounts 3339 24
13 Total ledger assets 142421 38
NonLedger Assets
25 10 per cent on amount of insurance in force 137952000 137952 00
30 Gross assets 280373 38
VLiabilities
1 Fire loss in process of adjustment 2107 09
22 Borrowed money 5932 14
24 Dividends due policyholders 4001 63
25 Interest due guarantors 985 27
26 Guarantee fund paid in 88387 10
30 Total liabilities 101413 23
VIIExhibit of Policies or Certificates
2 Policies written during the year 1379520 00
GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE
COMPANY
Home Office Augusta Georgia
G N Stoney President A M Sherrill Secretary
1 Balance from previous year 7921 08
IIIncome
1 Membership fees actually received 5175 47
3 Subsequent years assessments or premiums 124007 74
6 F S A 156 30
7 Eevivals 1085 99
9 Total received from applicants and members items 1 to 8 130425 50
10 Deduct payments returned to applicants and members 72 50
11 Net amount received from applicants and members 130353 00828 ComptrollerGenerals Eeport
13 Gross interest on bonds and dividends on stock
20 Deficiency
21 Other sources
22 Agents reserve bond
23 Agents reserve bond charged off
29 Total income items 11 to 29
30 Amounts carried forward sum of balance from previous
year 792108 and item 29
IIIDisbursements
1 Death claims
3 Sick and accident claims
10 Total payments to members items 1 to 9
12 Commissions and fees paid to agents on account of subse
quent 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 commit
tees managers and agents
28 Other taxes Income 21812 city 125584 State and
county 5144 total
31 Rent
32 Advertising express telegraph and telephone
34 Legal expense in litigating claims
37 Furniture and fixtures
40 District managers salaries 1104946 prot ass ind ins
cos 6500 fire ins 2812 auditing foes 18222
spec sal 1290173 miscellaneous exp 218973 total
44 Agents balances charged off
47 Total disbursements items 1 to 46
IVLedger Assets
4 Book value of bonds
6 Deposited in trust companies and banks not on interest
7 Cash in association s office
8 Agents balances
11 General office equipment less 20 per cent
12 Advanced to officers
13 Total ledger assets
300 no
1063 30
77 51
68 12
103 38
131965 31
139886 39
6547 75
40023 45
46571 20
31045 06
5385 00
5126 12
4381 12
1525 88
1722 30
1094 24
83 88
762 16
26416 26
45 22
126641 48
5250 00
2513 25
403 94
3288 01
4000 00
2060 14
30760 25ComptrollerGenerals Report 829
VLiabilities
25 Reserve bond deposited by agents and superintendents 2056 50
27 Net premium reserve 9087 33
30 Total liabilities 11143 88
Business in the State of Georgia During the Year
No
1 Policies or certificates in force December 31 1912 as per last state
ment 21925
2 Policies or certificates written during the year38116
4 Total 60041
5 Deduct terminated or decreased during the year31215
6 Total benefit certificates in force December 31 1913i28826
7 Policies or certificates terminated by death during the year 366
8 Policies or certificates terminated by lapse during the year30849
GLOBE FIRE INSURANCE COMPANY
Home Office 919 Austell Building Atlanta Ga
W J Fletcher President A M McElvany Secretary
IIIncome
2 First years assessments or premiums 3660 14
IIIDisbursements
6 Fire losses 1204 00
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums
17 Salaries of office employees No 1
24 Other licenses and fees
25 State charter and copy of same
29 City of Atlanta Ga
31 Rent
32 Advertising printing and stationery
33 Postage express telegraph and telephone
35 Other legal expenses
41 Towel service
47 Total disbursements items 1 to 46 3166 60
1028 60
352 40 00
on
102 50
50 00
198 00
65 00
60 50
55 00
11 00
830 ComptrollerGenerals Report
IVLedger Assets
7 Cash in associations office officers trust 493 54
8 Agents balances debit 508 10
13 Total ledger assets 1001 64
NonLedger Assets
25 Office furniture machines fixtures and office supplies 350 00
30 Gross assets 1351 64
VLiabilities
5 Fire loss being repaired not completed contracted for 100 00
VIIExhibit of Policies or Certificates
2 Policies or certificates written during the year 278515 00
5 Deduct terminated during the year 141400 00
6 Total certificates in force December 31 1913 137115 00
11 Received during the year from members in Georgia 3660 14
VIIIExhibitof Death Claims
No Amount
2 Claims incurred during the year 16 1304 00
4 Claims paid during the year 15 1204 00
5 Balance 1 100 00
THE GORDON COUNTY MUTUAL FIRE AND STORM INSURANCE
COMPANY OF CALHOUN OA
H B Herrington President F L Hicks Secretary
1 Balance from previous year 802 82
IIIncome
1 Membership fees actually received 59 40
2 First year s assessments or premiums No 5 6884 83
3 Subsequent years assessments of premiums No 6 1244 72
9 Total received from applicants and members items 1 to 8 7088 95
ComptrollerGenerals Report
IIIDisbursements
6 Fire and storm losses paid
14 Salaries of officers and trustees
23 Insurance department fees and licenses
25 Registration fees to Secretary of State
27 Taxes on assessments or premiums
32 Advertising printing and stationery
33 Postage express telegraph and telephone
35 Other legal expenses
IVLedger Assets
7 Cash in association s office
NonLedger Assets
23 Fire assessments due and unpaid on last call made within
sixty days on insurance in force and for which notices
have been issued
VLiabilities
5 Fire losses adjusted No 2 not due3
831
742 34
35 00
25 00
50
82 82
48 60
24 89
10 00
22 52
1300 00
1205 00
GUARANTEE FUND LIFE ASSOCIATION OF OMAHA NEBRASKA
J C Buffington President J W Hughes Secretary
1 Balance from previous year 1021677 30
IIIncome
1 Membership fees actually received 246484 12
2 First years assessments or premiums 348612 04
3 Subsequent years assessments or premiums 268667 35
6 Fee for change of policies 6618 00
7 Fee for change of beneficiary and delinquency 1032 30
9 Total received from applicants and members items 1 to 8 871413 81
12 Gross interest on mortgage loans less 193984 accrued in
terest on mortgages acquired during year of report 30992 86
13 Gross interest on bonds and dividends on stocks 500 00
15 Gross interest on deposits in trust companies and banks 815 27
16 Gross interest from all other sources 13926 53
29 Total income items 11 to 28 917648 47832
ComptrollerGenerals Eeport
30 Amounts carried forward sum of balance from previous
year and item 29 1939325 77
31 Gross amount of membership fees required or represented
by applications 156207 50
32 Gross amount of medical examiners fees 20552 88
IIIDisbursements
1 Death claims 181350 00
6 Cancellation of guarantee deposits 15628 60
7 Lapsed guarantee deposits 137501 00
10 Total payment to members items 1 to 9 334479 60
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums 167168 77
14 Salaries of officers and trustees No 5 1158 46
17 Salaries of office employees No 25 22909 00
19 Salaries and fees paid to medical examiners 20552 88
20 Traveling and other expenses of officers trustees and com
mittees 959 53
21 Traveling and other expenses of managers and agents 189 10
22 Collection and remittance of fees dues assessments and pre
miums 4402 72
23 Insurance department fees and licenses 4686 86
25 Items in suspense credited to expense fund December 1912 518 18
27 Taxes on assessments or premiums 2207 35
28 Other taxes 22 81
31 Kent 5413 91
32 Advertising printing and stationery 9624 60
33 Postage express telegraph and telephone 8489 40
34 Legal expense in litigating claims 72 00
35 Other legal expenses 1744 40
37 Furniture and fixtures 2606 96
38 Borrowed money and interest thereon 9400 00
40 Bank approval fees 9964S7 investigation of claims ami
risks 347352 office supplies 334105 organization
of new territory 75000 miscellaneous 40117 total 17930 61
46 Interest transferred from reserve fund to mortuary fund 1595 00
47 Total disbursements items 1 to 46 630132 18
48 Balance before transfers deduct item 47 from amount
brought forward 1309193 59
IVLedger Assets
2 Mortgage loans on real estate first liens 646297 50
4 Book value of bonds 10000 00ComptrollerGeneral s Report
833
5 Deposited in trust companies and banks on interest
6 Deposited in trust companies and banks not on interest
7 Cash in associations office
8 Agents balances debit 959249 credit 85180 net
9 Bills receivable
10 Other ledger assets viz Reserve notes not yet due of
members in good standing
11 Proceeds call No 48 due December 26 1913
13 Total ledger assets
NonLedger Assets
32295 87
2882 22
468 77
8740 69
442 92
466668 15
141397 47
1309193 59
14 Interest accrued on mortgages
15 Interest accrued on bonds
10186 43
83 33
19 Total interest and rents due and accrued 10269 76
30 Gross assets 1319463 35
Deduct Assets Not Admitted
31 Agents debit balances 9592 49
32 Bills receivable 442 92
39 Total
40 Total admitted assets
10035 41
VLiabilities
4 Death claims reported but not yet adjusted No 9
5 Present value of deferred death and disability claims pay
able in installments Unpaid balance 6 claims amount
ing to 18600 payable 200 1000 and 800 per year
for 8 9 and 10 years respectively at 4 per cent interest
22000 00
14916 80
6 Total death claims 36916 80
19 Salaries rents expenses bills and accounts due or accrued
estimated 5000 00
21 Taxes due or accrued estimated 5000 00
30 Total liabilities 46916 80
834 ComptrollerGenerals Report
guaranty mutual life and health insurance company
Home Office Savannah Georgia
Walter S Scott President L M Pollard Secretary
Walter S Scott Attorney for Service in Georgia
1 Balance from previous year
IIIncome
1 Membership fees actually received
2 Pirst years assessments or premiums
9 Total received from applicants and members items 1 to 8
10 Deduct paymentsreturned to applicants and members
11 Net amount received from applicants and members
13 Gross interest on bonds and dividends on stock
15 Gross interest on deposits in trust companies and banks
20 Account sale iron safe
29 Total income items 11 to 28
30 Amounts carried forward sum of balance from previous
year and item 2
31 Gross amount of membership fees required or represented
by applications
11T Disbu rsemonts
1 Death claims
3 Sick and accident claims
10 Total payments to members items 1 to 9
11 Commissions and fees paid to agents on account of first
yi a r s fees dm assessments or premiums
12 Commissions and fees paid to agents on account of subse
quent veins fees dues assessments or premiums
11 Salaries of officers ami trustees No i
17 Salaries id office employees No 10
19 Salaries and fees paid to medical examiners
20 Traveling and other expenses id officers trustees and com
mittees
21 Traveling ami other expenses id managers and agents
23 Insurance department fees and licenses
25 Various city am county licenses
20 State treasurer 200 secretary id Slide 50 total
27 Taxes on assessments or premiums
31 Kent
7857 72
2599 70
69762 21
72361 91
63 85
72298 06
225 00
63 61
15 00
72001 07
80459 9
2599 70
3576 90
26305 00
29881 90
2599 70
17115 27
8323 29
2429 00
57 00
oo 00
725 18
239 68
52 00
o 50
65 35
810 24
COMPTROLLERGrENERALS EePORT 835
32 Advertising printing and stationery 1313 53
33 Postage express telegraph and telephone 460 26
34 Legal expense in litigating claims 53 00
35 Other legal expenses 87 80
37 Furniture and fixtures 25 00
40 Interest guaranty fund certificates 272 00
41 Auditing and sundries 240 00
42 Office expenses and incidentals 428 91
47 Total disbursements items 1 to 46 71747 27
48 Balance before transfers deduct item 47 from amount
brought forward 8712 12
IVLedger Assets
2 Mortgage loans on real estate first liens 865 00
4 Book value of bonds 5225 00
5 Deposited in trust companies and banks on interest 906 54
7 Cash in association s office 1 67
8 Agents balances 89 41
10 Other ledger assets viz Furniture and fixtures 1624 50
13 Total ledger assets 8712 12
NonLedger Assets
14 Interest accrued on mortgages 14 19
25 Balance due on sale of safe 35 00
26 Net amount due or in process of collection from members 68582 22
30 Gross assets 77343 53
Deduct Assets Not Admitted
37 Annual payments not due net 66457 96
40 Total admitted assets 10885 57
VLiabilities
2 Advanee premiums or assessments 105 55
25 Reserve per Act August 1909 3891 36
26 Surplus 6888 66
30 Total liabilities 10885 57836 ComptbollerGeneeals Kepobt
Business in the State of Georgia During the Year
No
1 Policies or certificates in force December 31 1912
as per last statement10727
2 Policies or certificates written during the year17851
4 Totals 28679
5 Deduct terminated or decreased during the year 16454
6 Total benefit certificates in force December 31 1913 12225
7 Policies or certificates terminated by death during
the year 194
8 Policies or certificates terminated by lapse during
the year 16201
9 Policies or certificates terminated by returned pre
miums during the year
11 Received during the year from members in Georgia
Amount
294278 00
519900 00
814178 00
470143 00
344035 00
3576 90
464496 10
2070 00
72298 06
INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY
Home Office 500 to 511 Austell Bldg Atlanta Ga
J N McEachern President I M Sheffield Secretary
Walter McElreath Attorney for Service in Georgia
1 Balance from previous year 71914 54
IIIncome
1 Membership fees actually received 23946 75
3 Subsequent years assessments or premiums 737707 40
9 Total received from applicants and members items 1 to 8 761654 IS
10 Deduct payments returned to applicants and members 1032 95
11 Net amount received from applicants and members 760621 20
12 Gross interest on mortgage loans 598 30
13 Gross interest on bonds and dividends on stock 1145 00
15 Gross interest on deposits in trust companies and banks 29 26
29 Total income items 11 to 28 762393 76
30 Amounts carried forward sum of balance from previous
year mid item 29 834308 30
31 Gross amount of membership fees required or represented
by applications 23946 75ComptrollerGeneral s Report
IIIDisbursements
1 Death claims
3 Sick and accident claims
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
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
27 Taxes on assessments or premiums
29 State and county taxes
30 City taxes
31 Rent
32 Advertising printing and stationery
33 Postage express telegraph and telephone
35 Other legal expenses
37 Furniture and fixtures
40 Income certificates retired
41 Interest on income certificates
42 Exchange
43 Reinsuring Atlanta debit Home Friendly Society
44 Miscellaneous
47 Total disbursements items 1 to 46i
48 Balance before transfers deduct item 47 from amount
brought forward
837
46897 25
258970 70
305867 95
303044 17
47944 32
12559 00
214 00
10585 29
722 25
2911 31
331 50
3307 81
8130 04
6024 44
3294 43
2283 80
1768 20
16000 00
3168 00
156 49
6000 00
3492 77
737805 77
96502 53
IVLedger Assets
2 Mortgage loans on real estate first liens 21800 00
4 Book value of bonds 34500 00
5 Deposited in trust companies and banks on interest 750 76
6 Deposited in trust companies and banks not on interest 38869 05
8 Agents balances 582 72
13 Total ledger assets 96502 53
NonLedger Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
396 15
384 16
19 Total interest accrued
780 31838
ComptrollerGeneral s Keport
25 Due from members
26 Estimated cost of collection
8696 65
2174 16
27 Total
28 Furniture and fixtures
29 Books and printing
8000 00
500 00
Total
30 Gross assets
Deduct Assets Not Admitted
31 Agents debit balance 582 72
37 Furniture and fixtures 8000 00
38 Books and printing 500 00
39 Total
40 Total admitted assets
VLiabilities
4 Death claims reported but not yet adjusted No 22
15 Sick and accident claims reported but not yet adjusted
No 1363
16 Total sick and accident claims
20 Commissions to agents due or accrued
21 Taxes due or accrued
25 Printing
26 Miscellaneous
30 Total liabilities
Business in the State of Georgia During the Year
No
1 Policies or certificates in force December 31 1912
as per last statement 62683
2 Policies or certificates written during the year 67241
6522 49
8500 00
112305 33
9082 7
103222 61
805 00
5001 40
5806 40
553 35
4507 29
259 75
6 05
11132 84
Amount
1392675 00
970101 00
4 Totals129924
5 Deduct terminated or decreased during the year 59087
6 Total benefit certificates in force December 31 L913 70837
11 Received during the year from members in Georgia
2362776 00
779474 00
1583302 00
442187 60ComptrollerGenerals Report
839
MERCHANTS LIFE ASSOCIATION BURLINGTON IOWA
John J Seerley President F J Kuhlemeier Secretary
1 Balance from previous year 988050 3o
IIIncome
1 Membership fees actually received 110361 22
Reserve fund 219108 28
2 First year s assessments or premiums 4364o 70
3 Subsequent year s assessments or premiums 424228 43
6 Change beneficiary 219 50
7 Reinstatement fees 59o 00
9 Total received from applicants and members items 1 to 8 798158 18
10 Deduct payments returned to applicants and members 1095 5a
11 Net amount received from applicants and members 797062 58
12 Gross interest on mortgage loans less 37350 accrued in
terest on bonds acquired during year of report 36573 02
13 Gross interest on bonds and dividends on stock less 3783
accrued interest on bonds acquired during year of report 722 17
15 Gross interest on deposits in trust companies and banks 2405 33
16 Gross interest from all other sources 5636 53
20 Future call fund VJ89 40
29 Total income items 11 to 28 844329 03
30 Amounts carried forward sum of balance from previous
year and it in 29 1832379 38
31 Gross amount of membership fees required or represented by
applications liV1
IIIDisbursements
1 Death claims
6 Guar fund ret to ben
10 Total payments to members items 1 to 9
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 subse
quent years fees dues assessments or premiums ren
com
14 Salaries of officers and trustees No 7
19 Salaries and fees paid to medical examiners
302501 10
90 50
302591 60
110623 25
11270 50
18065 21
16896 00
2250 00840
ComptrollerGeneral s Report
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
26 Calls paid out of future call fund
27 Taxes on assessments or premiums
30 Printing press account
31 Eent
32 Advertising 388595 printing 362315 and stationery
156791 total
33 Postage 1114846 express 35590 telegraph 71603
and telephone total
35 Otter legal expenses
35 Lapsed reserve notes
37 Furniture and fixtures
40 Miscellaneous
41 Medical examinations
42 Interest paid on advances
43 Inspection of risks
44 Agents balances charged off
47 Total disbursements items 1 to 46
3354 58
4551 59
3109 09
1527 40
8528 98
234 03
2339 00
9077 01
12220 39
900 20
9811403
1084 58
1543 69
18689 75
560 00
1527 06
1700 87
643418 72
IVLedger Assets
2 Mortgage loans on real estate first liens 802431 32
4 Book value of bonds 26258 75
5 Deposited in trust companies and banks on interest 114234 33
6 Deposited in trust companies and banks not on interest 175 01
8 Agents balances 4835 73
11 Reserve fund notes of members in good standing 241025 52
13 Total ledger assets 1188960 66
NonLedger Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
17 Interest accrued on other assets
2916063
206 71
532 29
19 Total interest and rents due and accrued
25 Mortuary calls to become due on benefit certificates but
only to the extent necessary to meet outstanding claims
call issued December 31 1913
29 Approximate mortuary income 100000
29899 63
18000 00
47889 63
30 Gross assets 1236860 29CoMPTROLLERGrENERAL s REPORT 841
Deduct Assets Not Admitted
31 Agents debit balances 4835 73
34 Book value of bonds and stocks over mar
ket value 1188 75
36 Other items viz Eeserve fund notes 241025 52
39 Total 247050 00
40 Total admitted assets 989810 29
VLiabilities
4 Death claims reported but not yet adjusted No 9 18000 00
19 Salaries rents expenses bills and accounts due or accrued 15086 62
21 Taxes due or accrued estimated 8000 00
Advanced by directors 7000 and accrued interest 280
total 7280 00
25 Value of outstanding benefit certificates or policies as pro
vided by 32 G A Chap 83 Iowa 362481 00
27 Future call fund 1008 49
30 Total liabilities 411856 11
Business in the State of Georgia During the Year
No Amount
1 Policies or certificates in force December 31 1912
as per last statement 62 124000 00
2 Policies or certificates written during the year 21 42000 00
4 Totals 83 166000 00
5 Deduct terminated or decreased during the year 26 52000 00
6 Total benefit certificates in force December 31 1913 57 114000 00
8 Policies or certificates terminated by lapse during
the year 26 52000 00
11 Received during the year from members in Georgia Mortu
ary 65039 reserve 61888 expense 25214 total 1521 41842
ComptbolleeGenebals Report
THE MUTUAL BENEFIT INDUSTEIAL INSUBANCE ASSOCIATION
OF GEOEGIA
Home OfEiee Savannah Georgia
t td if J M Wood Secretary
Aaron Bouzm President
d 10 295 73
1 Balance from previous year
IIIncome
1 Membership fees actually received 5 4j 5j
2 First years assessments or premiums
132 50
6 Full benefit fees
9 Total received from applicants and members items 1 to 8 129278
10 Deduct payments returned to applicants and members
11 Net amount received from applicants and members 128288 95
13 Gross interest on bonds and dividends on stock 225 00
16 Gross interest from all other sources
20 Cash bonds deposited by agents 61
21 Advanced by A Rouzin
22 Sundry sources
29 Total income items 11 to 28 136901 98
30 Amount carried forward sum of balance from previous year
OQs 149197 71
and item 29
IIIDisbursements
1 Death claims 20 00
3 Sick and accident claims 45058 65
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums 54370 53
13 Salaries of managers or agents not paid by commissions 104 12 50
14 Salaries of officers and trustees 8160 00
17 Salaries of office employees 956 l7
18 Other compensation of office employees 4879 23
19 Salaries and fees paid to medical examiners 157 00
20 Traveling and other expenses of officers trustees and com
mittees 250 00
21 Traveling and other expenses of managers and agents 1772 00
23 Insurance department fees and licenses 190 00
24 Other licenses and fees 692 42
31 Rent 2073 f
32 Advertising printing and stationery 2292 26
33 Postage express telegraph and telephone 787 91
34
35
37
40
41
42
43
47
48
4
6
7
8
9
13
25
26
30
1
12
18
23
25
26
30
104 Hi
17 00
1011 47
415 00
535 30
22 95
277 25
137155 65
12042 06
5000 00
138 20
1767 88
307 93
4828 05
ComptbollebGeneeals Repobt 843
Legal expense in litigating claims
Other legal expenses
Furniture and fixtures
Auditing
Branch office expenses
Exchange or checks
Cash prizes to agerts
Total disbursements items 1 to 46
Balance before transfers deduct item 47 from amount
brought forward
IVLedger Assets
Book value of bonds and stocks
Deposited in trust companies and banks not on interest
Cash in associations office
Agents balances net
Bills receivable
Total ledger assets 12042 06
NonLedger Assets
Furniture and fixtures 2295 73
Weekly premiums due and unpaid 1932330 less estimated
cost of collection 38646 1545 84
Gross assets
VLiabilities
Death claims due and unpaid
Sick and accident claims due and unpaid
Total unpaid claims 896 40
Advance premiums or assessments 329 65
Reserve Act August 1909 6725 25
Surplus 7932 33
Total liabilities 15883 63
Business in the State of Georgia During the Tear
No Amount
Policies or certificates in force December 31 1912
as per last statement20187 387757 15
Policies or certificates written during the year 35867
Totals 56054
Deduct terminated or decreased during the year 35300
Total benefit certificates in force December 31 1913 20754 396520 00
15883 63
195 00
701 40844
ComptrollerGenerals Report
NATIONAL LITE ASSOCIATION
Home Office 10th Floor S L Bldg Des Moines la
Henry Pyle President Guy Barker Secretary
1 Balance from previous year 740879 58
II Income
1 Membership fees actually received 187531 40
2 First year s assessments or premiums 85214 83
3 Subsequent years assessments or premiums 319724 56
6 Change of beneficiary 136 02
7 Conversion of policies 2322 20
8 Agents commissions 13617 44
9 Total received from applicants and members items 1 to 8 608546 45
10 Deduct payments returned to applicants and members 19149 15
11 Net amount received from applicants and members 589399 30
12 Gross interest on mortgage loans less 309 accrued interest
on mortgages acquired during year of report 20718 99
14 Gross interest on reserve fund notes 6635 91
29 Total income items 11 to 28 616954 20
30 Amounts carried forward sum of balance from previous
year and item 29 1357633 78
IIIDisbursements
1 Death claims 230867 25
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums 171383 43
12 Commissions and fees paid to agents on account of subse
quent years fees dues assessments or premiums re
newals 14009 39
13 Salaries of managers or agents not paid by commission 2100 00
14 Salaries of officers and trustees No 10 22147 92
17 Salaries of office employees 13202 15
19 Salaries and fees paid to medical examiners 15888 18
21 Traveling and other expenses of managers and agents 977 39
22 Collection and remittance of fees dues assessments and
premiums 2912 11
23 Insurance department fees and licenses 2754 93
27 Taxes on assessments or premiums 3972 60
31 Kent 2726 57
32 Advertising printing and stationery 5250 52
CompteolleeGteneeals Repoet 845
33 Postage express telegraph and telephone 4899 64
34 Legal expense in litigating claims 2325 54
35 Other legal expenses 1343 37
37 Furniture and fixtures 4099 47
38 Borrowed money 2074490 interest thereon 53334 21281 24
40 Inspection of risks 3409 49
41 Sundries 1588 37
42 Lapsed reserve fund notes 45652 00
47 Total disbursements items 1 to 46 573281 57
IVLedger Assets
2 Mortgage loans on real estate first liens 424125 00
6 Deposited in trust companies and banks not on interest 87255 85
7 Cash in associations office Impress 50000 deposit made
up 105901 checks in office 356867 total 5128 18
9 Bills receivable notes not yet due 272984 84
11 Less premiums paid in advance trust fund 739 69
12 Overdraft at bank 4407 97
13 Total ledger assets 784346 21
NonLedger Assets
14 Interest due 116550 and accrued 1057085 on mort
gages 17736 35
23 Mortuary assessments due and unpaid on last call made
within sixty days on insurance in force and for which
notices have been issued 40000 00
30 Gross assets 842082 56
Deduct Assets Not Admitted
32 Bills receivable notes not yet due 272984 84
40 Total admitted assets 569097 72
VLiabilities
3 Death claims resisted No 5 15000 00
4 Death claims reported but not yet adjusted No 10 25000 00
6 Total death claims 40000 00
19 Salaries rents expenses bills and accounts due or accrued 291 87
21 Taxes due or accrued 4000 00
22 Borrowed money 5000 00
25 Contingent liability case in Superior Court 8693 00
30 Total liabilities 57984 87846
ComptbollebGtenerals Report
N C MUT AND PEOV ASSOCIATION
Home Office Durham North Carolina
John Merrick President Dr A M Moore Secretary
Jno L Wheeler Attorney for Service in Georgia
IIIncome
1 Membership fees actually received 127400 20
2 First years assessments or premiums 350613 87
12 Gross interest on mortgage loans 451 16
13 Gross interest on bonds and dividends on stock 1065 00
17 Gross rents from associations property 5508 60
20 Retired notes 672 72
30 Amounts carried forward sum of balance from previous
year and item 29 485911 55
IIIDisbursements
1 Death claims 64408 13
2 Disability claims 99946 75
6 Matured endowments 1761 36
7 Lapsed loans 1162 82
10 Total payment to members items 1 to 9 167179 06
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums 1566 08
12 Commissions and fees paid to agents on account of subse
quent years fees dues assessment or premiums 92944 04
13 Salaries of managers or agents not paid by commissions 7811 85
14 Salaries of officers and trustees No 22 home office 30530 82
is Other compensation of office employees 4537 33
19 Salaries and fees paid to medical examiners 8166 75
23 Insurance department fees and licenses 277 61
26 Municipal license 1639 27
27 Agents license 453 00
29 Taxes on real estate 1273 37
30 Fire insurance premium 217 17
31 Kent including 550 for associations occupancy of its own
buildings 2648 88
32 Advertising printing and stationery 5573 72
33 Postage express telegraph and telephone 6639 18
35 Other legal expenses 756 60
lit Repairs and expenses on real estate other than taxes 3079 31
37 Furniture and fixtures 612 98
4 I Premium on bonds charged off 1195 75ComptrollerGenerals Report 847
44 Agents balances charged off 1159 44
45 Gross loss on sale or maturity of ledger assets viz Real
estate 250 00
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other collat
eral
4 Book value of bonds 41000 stocks 2000 total
5 Deposited in trust companies and banks on interest Cola
S G
6 Deposited in trust companies and banks not on interest
7 Cash in associations office
8 Agents balances
9 Bills receivable
10 Other ledger assets viz Policy loans
13 Total ledger assets
65456 50
9753 40
1000 00
43000 00
5000 00
17691 03
9 00
930 97
1227 22
1261 22
144629 34
NonLedger Assets
14 Interest clue and accrued on mortgages
15 Interest due and accrued on bonds
17 Interest on deposit Cola S C
19 Total interest and rents due and accrued
20 Market value of real estate over book value
26 Furniture fixtures and safes
27 Advertising printing and stationery
28 Agents balances
29 Total
315 49
805 33
100 00
100 00
1328 82
6000 00
800 00
185 19
8658 49
Deduct Assets Not Admitted
36 Furniture and fixtures 6000 00
37 Advertising printing and stationery 800 00
38 Total
40 Total admitted assets
6800 00
144089 97
VLiabilities
1 Death claims due and unpaid No 7
2 Endowment unpaid
215 50
1000 00848 ComptrollerGenerals Eeport
12 Net reserve 81105 00
19 Salaries rents expenses bills and accounts due or accrued 750 00
23 Advance premiums or assessments 1500 00
25 Medical examinations 425 00
26 Awaiting dividends declared 1000 00
27 Extended taxes 6500 00
28 Surplus 51594 47
30 Total liabilities 144089 97
Business in the State of Georgia During the Year
No Amount
1 Policies or certificates in force December 31 1912
as per last statement 10916 432982 00
2 Policies or certificates written during the year 17476 642319 00
4 Totals 28392 1075301 00
5 Deduct terminalcd or decreased during the year 13545 354523 00
6 Total benefit certificates in force Dec 31 191314847 720778 00
PILGRIM HEALTH AND LIFE INSURANCE COMPANY
11 Young President T T Walker Secretary
Hon William A Wright Attorney for Service in Georgia
1 Balance from previous year 34392 52
IIIncome
1 Membership fees actually received 9713 25
2 First years assessments or premiums 251562 32
9 Total received from applicants and members items 1 to 8 261275 57
10 Deduct payments returned to applicants and members 125 71
11 Net amount received from applicants and members 261149 86
12 Gross interest on mortgage loans 307 39
13 Gross interest on bonds and dividends on stock 200 00
15 Gross interest on deposits in trust companies and banks 76 30
17 Gross rents from associations property 1314 70
20 Deficiency 1613 96
21 Miscellaneous 104 38
29 Total income items 11 to 28 264766 59ComptrollerGeneral s Report
849
30 Amounts carried forward sum of balance from previous
year and item 29 299159 11
IIIDisbursements
1 Death claims 17316 50
3 Sick and accident claims 88422 43
10 Total payments to members items 1 to 9 105738 93
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums 67380 03
13 Salaries of managers or agents not paid by commissions 47755 15
14 Salaries of officers and trustees 3642 33
17 Salaries of office employees 6015 54
21 Traveling and other expenses of managers and agents 4433 64
23 Insurance department fees and licenses 169 00
24 Other licenses and fees 1700 00
27 Taxes on assessments or premiums 746 44
31 Eent including 600 for associations occupancy of its own
buildings 2162 80
32 Advertising printing and stationery 4027 80
33 Postage express telegraph and telephone 1976 68
34 Legal expense in litigating claims 299 87
36 Repairs and expenses on real estate other than taxes 216 06
39 All other disbursements Miscellaneous 143326 re
deemed income certificates 50000 light and fuel
19325 interest on note 1478 auditing 37297
emergency 168193 interest on income certificates
50100 total 4697 19
47 Total disbursements items 1 to 46 250961 68
48 Balance before transfers deduct item 47 from amount
brought forward 48197 43
IVLedger Assets
1 Book value of real estate 9039 52
2 Mortgage loans on real estate 4100 00
4 Book value of bonds and stocks 5200 00
5 Deposited in trust companies and banks on interest 7950 45
6 Deposited in trust companies and banks not on interest 16262 62
7 Cash in associations office 260 80
8 Agents balances debit 1434327 credit 1056565 net 3777 62
10 Other ledger assets viz Furniture and fixtures 105642
cash funds 55000 total 1606 42
13 Total ledger assets 48197 43850 ComptrollerGenerals Eeport
NonLedger Assets
14 Interest on mortgages 234 66
15 Interest on bonds 100 00
17 Interest on other assets 19f 7
18 Eents 7 75
19 Total interest and rents due and accrued 611 17
30 Gross assets 48808 60
Deduct Assets Not Admitted
31 Agents debit balances 3777 62
40 Total admitted assets 45030 98
VLiabilities
12 Sick and accident claims due and unpaid No 394 1102 75
21 Taxes due or accrued 251 00
25 Bills payable 200 00
26 Agents reserve 3422 67
30 Total liabilities 4976 4
Business in The State of Georgia During The Year
No Amount
1 Policies or certificates in force December 31 1912
as per last statement40558 1020890 00
2 Policies or certificates written during the year47081 1414240 00
4 Totals8763i1 2435130 00
5 Deduct terminated or decreased during the year 3776s 1231010 00
6 Total benefit certificates in force December 311913 49871 1204120 00
7 Policies or certificates terminated by death during
the year 862 17316 50
8 Policies or certificates terminated by lapse during
the year 36096 1213693 50ComptrollebGesterals Report
851
SOUTH GEORGIA FARMERS ASSESSMENT FIRE INSURANCE
COMPANY
C L Heald President Robert Alexander Secretary
E L Neel Attorney for Service
IIIncome
1 Membership fees actually received 189 65
6 Asst and members 2151 47
9 Total received from applicants and members items 1 to 8 2341 56
IIIDisbursements
7 Paid by asst on loss of property by fire 2057 65
23 Insurance department fees and licenses 25 00
25 Agents fees and directors fees 254 61
27 Taxes on assessments or premiums 4 30
41 Total disbursements 2341 56
VLiabilities
26 To incorporators for expenses of organization 156 00
SUNLIGHT INSURANCE COMPANY
Home Office 142678 Empire Bldg Atlanta Ga
S J Sheffield President C A Penn
IIIncome
9 Total received from applicants and members
IIIDisbursements
1 Fire claims
7 Returned premiums
10 Total payments to members items 1 to 9
13 Salaries of managers or agents not paid by commission
14 Salaries of officers anil i rustees
23 Insurance department fees and licenses
24 Other licenses and fees City
Secretary
25107 22
3291 23
52 61
3343 84
18059 48
925 00
48 62
50 00
852 ComptrollerGenerals Report
81 Bent 5i0 00
32 Advertising printing and stationery I415 12
33 Postage express telegraph and telephone 293 53
35 Other legal expenses attorney fees I85 30
37 Furniture and fixtures 213 25
47 Total disbursements 25074 14
IVLedger Assets
6 Deposited in trust companies and banks not on interest 1G8 71
7 Cash in associations office
13 Total ledger assets 497 61
NonLedger Assets
25 Net amount due from members 32457 75
26 Office furniture 650 00
27 Books and blanks 450 00
30 Gross assets 34055 36
VLiabilities
24 All other liabilities This company has no liabilities
as we pay all claims each week We have no net ad
vance payments on our debit net arrears 682 92
VIIExhibit of Policies or Certificates
No Amount
1 Policies or certificates in force December 31 1912
as per last statement 5288 686000 00
2 Policies or certificates written during the year 8258 1126650 00
4 Totals 13546 1812650 00
5 Deduct terminated or decreased during the year 7514 985150 00
6 Total benefit certificatesin force December 31 1913 6032 827500 00ComptrollerGenerals Report
853
THE UNION MUTUAL ASSOCIATION
T W Walker President G S Norman Secretary
Hon W A Wright Attorney for Service in Georgia
1 Balance from previous year
IIIncome
1 Membership fees actually received
3 Subsequent years assessments or premiums
6 F S A endorsement 40105 revival 161600 total
7 Deficiency
8 Cash other sources
9 Total received from applicants and members items 1 to 8
10 Deduct payments returned to applicants and members
11 Net amount received from applicants and members
13 Gross interest on bonds and dividends on stock
14 Gross interest on collateral loans
20 Agents reserve bond written off
21 Adjustments
24 Net ledger loss
29 Total income items 11 to 28
30 Amounts carried forward sum of balance from previous
year and item 29
IIIDisbursements
1 Death claims
3 Sick and accident claims
10 Total payments to members items 1 to 9
12 Commissions and fees paid to agents on account of subse
quent years fees dues assessments or premiums
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees
17 Salaries of office employees
20 Traveling and other expenses of officers trustees and com
mittees
21 Traveling and other expenses of managers and agents
24 Other licenses and fees City State and county
27 Taxes on assessments and premiums
29 Licenses for districts
18142 29
4274 49
197485 75
2017 05
1637 49
75 01
205489 79
311 88
205177 91
190 28
16 20
42 82
14 90
969 75
206411 86
224554 15
12787 54
76860 00
89647 54
44058 87
35647 80
6200 00
7510 75
528 92
4082 96
1124 87
121 35
1467 40
854
ComptkollerGenerals Report
31 Rent
32 Advertising printing and stationery
33 Postage express telegraph and telephone
34 Legal expense in litigating claims
35 Other legal expenses
40 Miscellaneous
41 Auditor a fee
42 Fire insurance premium
44 Agents balances charged off
47 Total disbursements items 1 to 46
IVLedger Assets
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
8 Agents balances
9 Bills receivable
10 Other ledger assets viz Furniture and fixtures
11 Reserve on districts
13 Total ledger assets
NonLedger Assets
15 Interest due on bonds
23 Premiums due and unpaid on insurance in force
30 Gross assets
Deduct Assets Not Admitted
31 Agents debit balances 890 13
32 Bills receivable 662 52
36 Other items viz Furniture and fixtures 6200 90
39 Total
40 Total admitted assets
VLiabilities
13 Sick and accident claims adjusted not yel due No 12
14 Sick and accident claims resister No 575
2867 28
6207 60
1926 31
44 05
1425 SO
2009 28
1290 00
12 00
91 20
206263 98
6125 00
lliiii 00
3308 77
1497 85
899 13
662 52
6200 90
105 00
18290 17
150 00
4191 45
22635 62
7753 55
14882 07
336 00
1725 00
18 Total unpaid claims
2061 00ComptrollerGenekal s Report
19 Salaries
21 Taxes due or accrued Atlanta city income
25 Agents bond reserve
30 Total liabilities
Business in the State of Georgia During the Year
No
1 Policies or certificates in force December 31 1912
as per last statement23501
2 Policies or certificates written during the year 28304
4 Totals61805
5 Deduct terminated or decreased during the year 28378
6 Total benefit certificates in force December 31 1913 33427
7 Policies or certificates terminated by death during
the year 608
8 Policies or certificates terminated by lapse during
the year 27770
855
842 92
137 00
2077 71
5250 65
Amount
418272 25
271081 50
789354 75
361819 50
427535 25
12787 54
349031 96

THE UNITED STATES HEALTH AND LIFE INSURANCE COMPANY
Home Office Atlanta Georgia
A McD Wilson President F W Stokes Secretary
F W Stokes Attorney for Service in Georgia
1 Balance from previous year 3710 00
IfIncome
1 Membership fees actually received 4546 45
2 First years assessments or premiums 65872 95
9 Total received from applicants and members items 1 to 8 70419 40
10 Deduct payments returned to applicants and members 349 20
11 Net amount received from applicants and members 70070 20
12 Gross interest on mortgage loans I020 97
13 Gross interest on bonds and dividends on stock 575 00
20 From agents contracts 38 34
21 From license fees collected from agents 104 50856
ComptrollerGenerals Report
79112 53
116822 53
22 From amount paid in to surplus fund during year by stock
holders 6953 52
29 Total income items 11 to 28
30 Amounts carried forward sum of balance from previous
year and item 29
IIIDisbursements
1 Death claims
3 Sick and accident claims
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 4
19 Salaries and fees paid to medical examiners
20 Traveling and other expenses of officers trustees and com
mittees
21 Traveling and other expenses of managers and agents
23 Insurance department fees and licenses
25 Municipal licenses
29 State and county
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
40 Sundry expenses
41 Exchange
47 Total disbursements items 1 to 46
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds
6 Deposited in trust companies and banks not on interest
7 Cash in companys office
9 Bills receivable
11 Furniture and fixtures
13 Total ledger assets 33194 62
1830 40
25887 65
27718 05
44037 22
2310 00
3541 08
80 00
419 64
5 00
128 00
262 18
129 51
1733 08
1274 97
395 74
46 90
200 00
59 00
1270 86
6 38
83627 91
15000 no
15000 00
1766 23
705 00
524 14
199 25

14
25
26
CompteolleeGeneeal s Report
NonLedger Assets
Interest accrued on mortgages
Premiums due and unpaid
Deduct 25 per cent estimated cost of col
lection
1617 45
404 36
30
32
40
2
13
18
19
21
25
26
27
28
30
Balance
Gross assets i
Deduct Assets Not Admitted
Bills receivable
Total admitted assets S
VLiabilities
Death claims adjusted not yet due No 4
Sick and accident claims adjusted not yet due No 165
Total unpaid claims
Salaries rents expenses bills and accounts due or accrued
Taxes due or accrued
Premiums paid in advance
Reserve on outstanding policies December 31 1913
Capital stock
Surplus
857
161 07
1213 09
34568 78
524 14
34044 64
65 00
597 85
662 85
798 34
50 14
72 45
1586 16
25000 00
5874 70
34044 64
Total liabilitiesi
Business in the State of Georgia During the Year
Total benefit certificates in force December 31 1913 177376 00

MISCELLANEOUS
THE AETNA ACCIDENT AND LIABILITY COMPANY
Home Office Hartford Connecticut
M G Bulkely President J Scofield Roue Secretary
Comptroller General 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 2670730 54
IIIncome
1 Gross premiums written and renewed during the year
Liability 26559288 fidelity 8937815 surety 367
16378 plate glass 16411980 burglary and theft
25126930 sprinkler 10812071 fly wheel 766077
auto and team property damage 84439728 totals 2097702 67
2 Deduct reinsurance Liability 17912930
fidelity 515828 surety 3017384
plate glass 4001 burglary and theft
18225 35 sprinkler 1557965 fly
wheel 160090 auto and teams prop
erty damage 605142 total 255958 75
3 Deduct return premiums on policies ran
celled Liability 2605196 fidelity 6
50666 surety 2265706 plate glass
691692 burglary and theft 1751424
sprinkler 806525 fly wheel 81542
auto and teams property damage 85
24420 total 173771 71
4 Deduct premium on policies not taken Lia
bility 3873142 fidelity 403516
surety 1350200 plate glass 30
68736 burglary and theft 3580175
sprinkler 3036201 fly wheel 127763
auto and teams property damage 140
44767 total 294845 00

5 Total deductions Liability 24391268 fidelity 15ComptkollerGeneeals Report
859
70010 surety 6633290 Plate glass 3764429
burglary and theft 7154134 sprinkler 5400691
fly wheel 369395 auto and teams property damage
23174329 total 724585 46
6 Net premiums Liability 2168020 fidelity 7367805
surety 30083088 plate glass 12647551 burglary
and theft 17972796 sprinkler 5411380 fly wheel
396682 auto and teamsproperty damage 61265399
total 1373127 21
23 Gross interest on mortgage loans 34860 86
24 Gross interest on collateral loans 7037 18
25 Gross interest on bonds and dividends on
stocks less 16944 accrued interest on
bonds acquired during 1913 58302 60
26 Gross interest on deposits in trust companies
and banks 2197 76
28 On surety collateral deposits unclaimed 4 90
29 On notes accounts bills receivable 6 53
31 Total gross interests 102409 83
41 Total income 1475537 04
IIIDisbursements
1 Gross amount paid for losses Liability 3021713 fidelity
357299 surety 2728747 plate glass 4878576
burglary and theft 6236568 sprinkler 2830372
auto and teams property damage 19915862 total 399691 37
2 Deduct reinsurance liability 2640243
plate glass 8811 burglary and theft
205237 sprinkler 524485 total 33787 76
3 Deduct salvage Liability 10100 fidelity
50930 surety 127045 plate glass
37309 burglary and theft 77128
sprinkler 55038 auto and teams prop
erty damage 281000 total 6385 50
40173 26
4 Total deduction Liability 2650343 fidelity 50930
surety 127045 plate glass 046120 burglary and
theft 282365 sprinkler 579523 auto and teams
property damage 281000 total
5 Net amount paid policyholders for losses Liability 3
71370 fidelity 306369 surety 2601702 plate
glass 4832456 burglary and theft 5954203 sprin
kler 2250849 auto and teams property damage 196
34862 total 359518 11860 A ComptrollerGenerals Report
18 Investigation and adjustment of claims viz Liability 40 93
20 Fidelity 37589 surety 64402 total 1019 91
21 Burglary and theft 247934 sprinkler 45329 total 2932 63
22 Auto and teams property damage 11946 53
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Lia
bility credit 1226220 fidelity 1469334 surety 66
37011 plate glass 3768672 burglary and theft 47
15282 sprinkler 1116493 total 298383 21
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees including trav
eling expenses 152098 17
30 Salaries traveling and all other expenses of agents not paid
by commissions 34164 96
32 Inspection other than medical and claim 10502 77
33 Rents 9335 05
36 State taxes on premiums 12894 28
37 Insurance department licenses and fees 7775 81
39 Federal corporation tax 1214 20
40 Municipal and county tax 1769 51
41 Capital stock tax 18200 00
43 Legal expenses 933 34
44 Advertising 20948 53
45 Printing and stationery 35891 94
46 Postage telegraph telephone and express 18363 52
47 Furniture and fixtures 15284 02
48 Stockholders for interest or dividends amount declared
during the year 80000 80000 00
51 Sundry expenses 6054 38
51 Investment expense 2950 51
54 Agents balances charged off 881 70
55 Gross loss on sale or maturity of ledger assets viz Stocks 301 00
57 Total disbursement 1103405 01
IVLedger Assets
2 Mortgage loans on real estate first liens 558281 25
3 Loans secured by pledge of bonds stocks or other collat
erals 182950 00
4 Book value of bonds 110987604 and stocks 62138400
total 1731260 49
5 Cash in company s office 566 67
6 Deposits in trust companies and banks not on interest 118323 48
7 Deposits in trust companies and banks on interest 115895 92
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Liability 3482022
fidelity 1395007 surety 4798803ComptrollerGenerals Keport
861
plate glass 2867738 burglary and
theft 3803152 sprinkler 1330185
fly wheel 209904 auto and teams prop
erty damage 11790330 total 296771 41
On policies or renewals issued prior to Octo
ber 1 1913 Liability 316527 fidelity
254550 surety 1495829 plate glass
191710 burglary and theft 128287
sprinkler 93422 fly wheel 6620 auto
and teams property damage 981806
total 34687 51
25 Total 331458 92
26 Bills receivable and suspense accounts 3348 23
28 Advance traveling expenses salaries and commissions 777 61
31 Ledger assets 3042862 57
NonLedger Assets
32 Interest accrued on mortgages
33 Interest accrued on bonds
34 Interest accrued on collateral loans
35 Interest accrued on other assets Bank balances
40 Market value not including interest in item 33 of bonds
and stocks over book value
42 Due from reinsurance companies paid
44 Gross assets
15876 59
14752 08
1094 58
328 66
47004 51
592 76
3122511 75
Deduct Assets Not Admitted
46 Bills receivable and suspense accounts 3348 23
50 Premiums in course of collection written
prior to October 1 1913 34687 51
53 Advance traveling expenses salaries and
commission 777 61
54 Total
38813 35
57 Admitted assets 3083698 40
VLiabilities
2 Losses and claims reported or in process of adjustment Lia
bility 915480 surety 1840000 plate glass 2
10748 burglary and theft 704500 sprinkler 51756
auto and teams property damage 2965812 total 66882 96862 ComptrollerGenerals Eeport
3 Losses and claims incurred but not reported Fidelity
45774 surety 92000 plate glass 10537 burglary
and theft 35225 auto and teams property damage 2
85000 total
4 Losses and claims resisted Fidelity 1500000 burglary
and theft 280000 sprinkler 12500 auto and teams
property damage 1582711 total
i
5 Total losses and claims Fidelity 2401254 surety 19
32000 plate glass 221285 burglary and theft10
19725 sprinkler 64256 auto and teams property dam
age 4833523 total
6 Deduct reinsurance Burglary and theft 126250 sprin
kler 5882 total
7 Net unpaid claims except liability and workmens comp
claims excluding expenses of investigation and ad
justment Fidelity 2461254 surety 1932000 plate
glass 221285 burglary and theft 893475 sprinkler
58374 auto and teams property damage 4833523
total
17 Special reserve for unpaid liability and wkmns compen
sation losses
20 Total unpaid claims
21 Estimated expenses of investigation and adjustment of un
paid claims Fidelity 123063 surety 96600 plate
glass 11064 burglary and theft 44674 sprinkler
02919 auto and teams property damage 241676 total
26 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 122423202 un
earned premiums fifty per cent 612116 02
27 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 13329772 un
earned pro rata 82090 78
46S536
33752 11
105320 43
1321 32
103999 11
1000 00
104999 11
5199 96
28 Total unearned premiums as shown by recapitulation 694206 80
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 Liability 870505 Fidelity 2
99926 surety 1084529 plate glass 888999 bur
glary and theft 946985 sprinkler 226131 fly wheel
52476 auto and teams property damage 2723566
total 70931 17
ComptrollerGenerals Report
863
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
40 Reinsurance
41 Advance premiums one hundred per cent
43 Investment expense account loans on mortgages
44 Capital stock tax
52 Capital actually paid up in cash 1000000 00
53 Surplus over all liabilities 1136039 94
3706 49
17744 27
28795 45
1010 43
1034 78
25000 00
54 Surplus as regards policy holders 2131039 94
55 Total liabilities 3083698 40
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Liability 500 fidelity 78853
surety 285086 plate glass 102598 burglary and
theft 155432 sprinkler 240842 auto and teams
property damage 2039904 total
Gross losses paid Fidelity 4440 plate glass 38006 bur
glary and theft 147257 sprinkler 10000 auto and
teams property damage 1313866 total
29032 15
15135 69
AMERICAN BONDING COMPANY OF BALTIMORE
Home Office Fidelity Building Baltimore Maryland
George Cator President Wm E P Duvall Secretary

ICapital Stock
1 Amount of capital paid up
in cash 750000 00
2 Amount of ledger assets as per balance
December 31st of previous year 3028732 62
4 Extended at 3028732 62
IIIncome
1 Gross premiums written and renewed during the year Fidel
ity 19195484 surety 63689923 burglary and theft
7977051 total 90862458864
ComptrollerGenerals Eeport
2 Deduct reinsurance Fidelity 18439433
surety 61819982 burglary and theft
11803554 total
3 Deduct return premiums on policies can
celled Fidelity 2388943 surety 47
86337 burglary and theft 1217682
total
4 Deduct premiums on policies not taken
Fidelity 1728809 surety 11984888
burglary and theft 1658289 total
920529 69
83929 62
153719 86
5 Total deductions Fidelity 22547185 surety 78591207
burglary and theft 14679525 total 1158179 17
6 Net premium Fidelity 3351701 surety 14901284
burglary and theft 6702474 total
23 Gross interest on mortgage loans
25 Gross interest on bonds and dividends on
stocks less 25078 accrued interest on
bonds acquired during 1913
26 Gross interest on deposits in trust compa
nies and banks
29 Branch office bank accounts
30 Gross rents from companys property
328 40
06694 88
6837 68
335 09
834 55
31 Total gross interest and rents
33 Income from investments of collateral deposits during year
34 Interest and expenses paid on collateral deposits during
year
35 Profit and loss
37 From agents balances previously charged off
38 Gross profit on sale or maturity of ledger assets viz Bonds
31250 stocks 395050 total
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds
249554 59
75030 60
9518 29
8084 01
710 37
288 16
4263 00
1000 00
40 Total income 166828 18
IIIDisbursements
1 Gross amount paid for losses Fidelity 8909848 surety
30714114 burglary and theft 7340248 total 469642 10
2 Deduct reinsurance Fidelity 0225293
surety 15210034 burglary and theft
3611312 total 250466 39ComptrollerGenerals Report
865

3 Deduct salvage Fidelity 480134 surety
2214523 burglary and theft 28978
total 27236 35
4 Total deduction Fidelity 6705427 surety 17424557
burglary and theft 3640290 total
5 Net amount paid policyholders for losses Fidelity 22
04421 surety 13289557 burglary and theft 36
99958 total
18 Investigation and adjustment of claims vizFidelity 2
95021 burglary and theft 230497 surety 686361
total
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 3004471 burglary and theft 2078105
surety 9837858 total
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not paid
by commissions
32 Inspection other than medical and claim
33 Rents
34 Repairs and expenses other than taxes on real estate
35 Taxes on real estate
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
40 Municipal licenses
41 Tax on capital stock etc
42 Paid to Fidelity Deposit Co of Md under terms of en
closed reinsurance agreement
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures credit
48 Stockholders for interest or dividends amount declared dur
ing the year 570000
50 General miscellaneous expenses
51 Net decrease of advance premiums for year
52 Net decrease of unpaid reinsurance for year
53 Depreciation in market value of collateral deposit depart
ment investments during year
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz Bonds
4512750 stocks 275000 total
277702 74
191939 36
12118 79
149204 44
96385 37
89916 20
5910 03
15707 35
633 01
3140 74
28020 65
10748 16
2914 18
991 84
26819 31
460565 27
12402 85
188 46
3649 59
6335 72
969 40
570000 00
13518 70
3349 78
15515 28
3496 10
34370 59
47877 50866
ComptkollebGeneeals Eepoet
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds
10952 50
57 Total disbursements 1815102 37
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
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 1913 Fidelity 246293
surety 1965131 burglary and theft
158644 total
On policies or renewals issued prior to Octo
ber 1 1913 Fidelity 738466 surety
12197601 burglary and theft 40090
total
23700 68
129761 57
144942 77
6557 15
642388 00
246 68
79077 58
25 Total
28 Reinsured losses due by other companies
29 Due by suspended banks and trust companies
153462 25
379 70
19394 62
31 Ledger assets 1046202 07
NonLedger Assets
33 Interest due 158050 and accrued 202782 on bonds
44 Gross assets
Deduct Assets ISIot Admitted
3608 32
1049810 39
50 Premiums in course of collection written prior to October 1
1913
129761 57
57 Admitted assets 920048 82
VLiabilities
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Fidelity 49259 burglary and
theft 31729 surety 393026 totalt
4740 14ComptrollerGenerals Report
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
39 Return premiums
40 Eeinsurance
41 Advance premiums one hundred per cent
46 Reserve for contingencies
52 Capital actually paid up in eash 750000 00
53 Surplus over all liabilities 92789 65
54 Surplus as regards policyholders
55 Total liabilities
Business in the State of Georgia During the Year
Gross losses paid Surety 422242 burglary and theft
10195 total
867
4000 00
9000 00
6442 03
14722 95
6354 05
32000 00
842789 65
920048 82
4324 37
AMEKICAN CASUALTY COMPANY OF BEADING PENNA
E P VanReed President Harvey H Shoma Secretary
ICapital Stock
1 Amount of capital paid up in cash 325000 00
2 Amount of ledger assets as per balance December 1
previous year 573849 03
IIIncome
1 Gross premiums written and renewed during the year
Accident and health 22365890 liability 8962722
plate glass 5616983 steamboiler 378198 burg
lary and theft 1433861 auto and teams prop dam
age 3674435 total 424320 89
2 Deduct reinsurance Accident and health
127750 burglary and theft 9950 137700
3 Deduct return premiums on policies can
celled Accident and health 80170
liability 386820 plate glass 92752
burglary and theft 66836 auto and
teams prop dam 198992 total 8255 70868
ComptrollerGenerals Report
Premium on policies not taken Accident
and health 2422630 liability 18
17304 plate glass 1216504 steam
boiler58750 burglary and theft 2
67227 auto and teams prop dam 6
67605 totals
64500 20
5 Total deductions Accident and health 2630550 liab
ility 2204124 plate glass 1309256 steam boiler
58750 burglary and theft 344013 auto and teams
prop dam 866597 total
6 Net premiums Accident and health 15735340 liability
6758598 plate glass 4307727 steam boiler 3
19448 burglary and theft 1089848 auto and teams
prop dam 2807838 total
23 Gross interest on mortgage loans
25 Gross interest on bonds and dividends on stocks less
85728 accrued interest on bonds acquired during
1913
26 Gross interest on deposits in trust companies and banks
30 Gross rents from companys property
34 Commission on bonding business written
38 Cross profit on sale or maturity of ledger assets viz
Bonds
40 Total income
74132 90
350187 99
8875 22
10951 87
802 78
1608 00
829 93
7150 00
380405 79
IIIDisbursements
1 Gross amount paid for losses Accident and health 86
96943 liability 3046717 plate glass 2667387
Burglary and theft 442147 auto and teams property
damage 1155728 totals i
2 Deduct reinsurance Accident and health
Total
5 Net amount paid policyholders for losses Accident and
health 8690160 liability 3046717 plate glass
2667387 burglary and theft 442147 auto and
teams property damage 1155728 total
IS Investigation and adjustment of claims viz Accident
and health 77303 liability 289335 burglary and
theft 17527 auto and teams property damage 88007
160089 28
30467 17
120622 11
160021 39
472172ComptrollerGenerals Eepoet
869
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health 5416603 liability 1625642
plate glass 1445150 steam boiler 52619 burglary
and theft 337505 auto and teams property damage
686028 total
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 redical examiners fees and salaries
32 Inspection other than medical and claim
33 Rents
34 Repairs and expenses other than taxes on real estate
35 Taxes on real estate
36 State taxes on premiums
38 All other licenses fees and taxes Federal corporation
tax
40 Tax on capital stock
43 Legal expenses
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends
50 Sundry expense
51 Subscriptions
54 Agents balances charged off
57 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
6 Deposit in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
S Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident and health 16
41460 liability 1021397 plate glass
1020103 steam boiler 34628 Burg
lary and theft 203606 Auto and
teams prop damage 542296 total H634 90
On policies or renewals issued prior to Octr
1 1913 Accident and health 115157
95635 47
23314 15
18726 17
445 50
2118 50
4145 50
698 12
550 35
1426 80
L 369 00
2932 09
235 75
7269 61
3233 74
756 48
24000 00
551 33
614 50
579 15
356763 69
50000 00
182090 00
267844 04
531 94
13607 07
36072 24870
ComptrollerGenerals Report
47106 73
239 11
397491 13
liability 66037 plate glass 44304
burglary and theft 5150 auto and
teams prop dam 16635 totals 2471 83
25 Total
26 Bills receivable
31 Ledger assets
NonLedger Assets
32 Interest due 6500 and accrued 204226
on mortgages 2107 26
33 Interest accrued on bonds 2634 91
38 Rents due 183 50
40 Market value it including interest in
item 33 of bonds and stocks over book
value 1915 48
44 Gross assets
Deduct Assets Not Admitted
46 Bills receivable 239 11
50 Premiums in course of collection written
prior to Oct 1 1913 2471 83
57 Admitted assets 601621 34
604332 28
VLiabilities
7 Net unpaid claims except liability and workingmens
comp claims Accident and health 849381 plate
glass 119147 burglary and theft 672 auto and
teams property damage 63855 total 10330 55
19 Special reserve for accrude losses on credit policies in
force December 31 1913 48756 46
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
20452793 unearned premiums fifty per cent 1 2263 96
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
1624830 unearned premiums pro rata 6770 48
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident and health 5
68763 liability 288610 plate glass 369392
steam boiler 8870 burglary and theft 65914 auto
and teams property damage 108637 14101 86ComptrolleeGenebal s Report
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
40 Reinsurance
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash 325000 00
53 Surplus over all liabilities 99792 77
54 Surplus as regards policyholders
55 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 5
60579 liability 248680 plate glass 194028 burg
lary and theft 7525 auto and teams property dam
age 54036 total
Gross losses paid Accident and health 300663 liability
109925 plate glass 152640 burglary and theft
1605 auto and teams propertydamage 26250 total
871
550 12
4167 94
181 50
36 25
176828 57
424792 77
601621 34
10647 48
5910 83

THE AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK
E M Treat President Jos J Gross Secretary
R S Witherspoon Attorney for Service
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
1416430 02
IIIncome
1 Gross premiums written and renewed during the year
2 Deduct reinsurance Credit 937 50
3 Deduct return premiums on policies can
celled Credit 13 920 54
Deduct premium on policies not taken
Credit 20834 30
751043 78
5 Total deductions Credit
35692 34872
ComptrollerGenerals Report
6 Net premiums Credit 715351 44
25 Gross interest on bonds and dividends on
stocks 56719 64
26 Gross interest on deposits in trust compa
nies and banks 500 49
27 Gross interest from all other sources Pre
mium notes 262468 bills receivable
1875 total 2643 41
31 Total gross interest 59863 54
40 Total income 775214 98
IIIDisbursements
1 Gross amount paid for losses
2 Deduct reinsurance Credit
3 Salvage Credit
Credit
5291 67
24018 33
4 Total deduction Credit
Net amount paid policyholders for losses
Investigation and adjustment of claims viz Credit
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Credit
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
Salaries traveling and all other expenses of agents not paid
by commissions
Rents
Interest in reconversion of securities
State taxes on premiums
Insurance department licenses and fees
40 State and municipal licenses
41 State county and municipal taxes
43 Legal expenses
Advertising
Printing and stationery
Postage telegraph telephone and express
Traveling expenses
Mercantile agencies
52 Miscellaneous expenses
53 ountry exchange
55 Gross loss on sale of maturity of ledger assets viz Bonds
IS
24
30
33
35
36
37
44
45
46
51
rl
412020 26
29319 00
382710 20
14928 13
178050 41
53110 55
22810 44
10064 87
42 05
13329 03
2305 31
1223 50
2949 89
4376 63
9793 54
3583 59
5181 70
1902 83
2405 00
1938 77
573 09
8283 77
57 Total disbursements 719563 36ComptrollerGenerals Keport
IVLedger Assets
4 Book value of bonds 91095281 and stocks 33170000
total
5 Cash in companys office
7 Deposits in trust companies and banks on interest
26 Bills receivable
27 Other ledger assets viz Premium notes 8242954 fur
niture and fixtures 4529906 agents balances Dr
4159906 Gr 243277 3916629 total
873
1242652 81
1718 54
51254 74
10679 20
167494 89
31 Ledger assets 1472081 64
NonLedger Assets
33 Interest accrued
37 Premium notes
44 Gross assets
11962 10
245 69
1484289 43
Deduct Assets Not Admitted
46 Bills receivable j
47 Furniture and fixtures
48 Agents balances
49 Premium notes past due
52 Book value of ledger assets over market
value viz Bonds 11738281 stocks
2423000 total
56 Total
10679 20
45899 06
41599 06
28152 55
141612 81
267942 68
57 Admitted assets
1216346 75
VLiabilities
2 Losses and claims reported or in process of adjustment
Credit on policies expiring prior to Oetober 1913
3 Losses and claims resisted Credit on policies expiring prior
to October 1913
5 Total
18 Special reserve for credit losses on policies expiring in Octo
ber November and December 1913 being fifty per cent
of 21738017 gross premiums received on said policies
less 15225 paid during said months on losses under said
policies
33122 00
7850 00
40972 00
39464 34874
ComptrolleeGeneeals Report
19 Special reserve for accrued losses on credit policies in force
December 31 1913 being fifty per cent of 33242038
earned premiums on said policies
20Total unpaid claims
26 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 66710393 un
earned premiums pro rata 33488507 33488o 07
27 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 483292 un
earned premiums pro rata 463140
166210 19
300646 53
4631 40
28 Total unearned premiums as shown by recapitulation
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after October 1 1913 viz Credit
34 Salaries rents expenses bills accounts fees etc due or
accrued estimated
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
41 Advance premiums one hundred per cent
43 Contingent reserve for guarantees to policyholders
52 Capital actually paid up in cash 350000 00
53 Surplus over all liabilities 197217 31
54 Surplus as regards policyholders
339516 47
2735 12
2000 00
11251 32
4980 00
8000 00
547217 31
55 Total liabilies 1216346
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Credit
Gross losses paid Credit
74
5595 68
AMERICAN LIFE AND ACCIDENT INSURANCE COMPANY
Home Office Salisbury Missouri
J W Ingram President J R Moore Secretary
W W Haskell Attorney for Service
ICapital Stock
1 Amount of capital paid up in cash 100000 00
2 Amount of ledger assets as per balance December 31 of
r i of previous year 126679 58CompteollebGenebals Repobt 875
IIIncome
1 Gross premiums written and renewed during the year Acci
dent and health 114080 33
3 Deduct return premiums on policies cancelled Accident and
health 175 54
6 Net premiums 113910 79
21 Policy fees required or represented by applications 43296 00
23 Gross interest on mortgage loans less 32500 accrued in
terest on mortgages acquired during 1913 6580 01
40 Total income 163788 80
ITIDisbursements
1 Gross amount paid for losses Accident and health 47694 51
18 Investigation and adjustment of claims viz Accident and
health 20 50
23 Policy fees retained by agents 43 161 18
24 Commissions or brokerage less amount received on return
premiums and reinsurance 43 535 90
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 7635 99
30 Salaries traveling and all other expenses of agents not paid
by commissions 2373 85
31 Medical examiners fees and salaries 222 00
32 Inspection other than medical and claim 50 30
33 Bents 1673 91
36 State taxes on premiums 1293 01
37 Insurance department licenses and fees 877 73
40 Miscellaneous taxes and fees 130 00
41 Municipal licenses 607 80
42 Decrease by readjustment premiums in course of collection
1912 report 3329 28
43 Legal expenses 330 00
44 Advertising 91 5
45 Printing and stationery g 497 51
46 Postage telegraph telephone and express 1695 74
47 Furniture and fixtures 146 65
50 Surety bonds 135 0
51 Miscellaneous expense 615 61
52 Salary branch office 379 00
53 Officers traveling expense 496 17
57 Total disbursements 158903 45876
ComptrollerGenerals Report
IVLedger Assets
2 Mortgage loans on real estate
4 Boot value of bonds
5 Cash in companys office
6 Deposit in trust companies and banks not on interest
8 Premiums in course of collection viz Accident and health
31 Ledger assets
NonLedger Assets
32 Interest on mortgages
33 Interest on bonds
41 Other nonledger assets viz Cash advanced to agents
93978 furniture and fixtures 250000 supplies and
stationery 150000 total
44 Gross assets
Deduct Assets Not Admitted
45 Cash advanced to agents 939 78
47 Furniture and fixtures 2500 00
48 Supplies printed matter and stationery 1500 00
56i Total
57 Admitted assets
111250 00
100 00
4272 38
10025 47
5915 08
131562 93
2306 25
3 00
4939 78
138811 96
4939 78
133872 18
VLiabilities
7 Net unpaid claims except liability and workmens comp
claims excluding expenses of investigation and adjust
ment Accident and health
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 739323
unearned premiums fifty per cent
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident and health
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
41 Advance premiums one hundred per cent
1252 50
3696 62
1774 52
259 32
1800 00
956 89ComptrollerGenerals Report
877
52 Capital actually paid up in cash 100000 00
53 Surplus over all liabilities 24132 33
54 Surplus as regards policyholders 124132 33
55 Total liabilities 133872 18
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 7683 14
Gross losses paid Accident and health 4018 82
AMERICAN NATIONAL INSURANCE COMPANY
W L Moody Jr President L H Collier Secretary
J B Daniell Attorney for Service
IIIncome
1 Gross premiums written and renewed during the year
Accident 26435216 health 23759292 totals 50194508
3 Deduct return premiums on policies cancelled Accident
10992 health 10992 total 219 84
6 Net premiums Accident 26424224 health 23748300 501725 24
21 Policy fees required or represented by applications 119473 75
34 From other Co s Reinsurance 423 30
36 From life statement 3401397 97
40 Total income 4023120 26
IIIDisbursements
5 Net amount paid policyholders for losses Accident 41
70539 health 10128555 liability 170000 total
18 Investigation and adjustment of claims viz Accident
100001 health 100002 total
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 6152362 health 5223927 total
29 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
144690 94
2000 03
118925 00
113762 89
8645 68
889 98878
CompteolleeGeneeals Eeport
33 Bents including 30000 for companys occupancy of its
own buildings 1191 75
36 State taxes on premiums 1275 82
37 Insurance department licenses and fees 392 25
40 Municipal in various cities 102 19
43 Legal expenses 8 33
44 Advertising 939 32
45 Printing and stationery 3521 94
46 Postage telegraph telephone and express 2381 80
47 Furniture and fixtures 185 91
49 Other disbursements exchange 255
51 Petty Office expense 100 28
52 Bond fees 40 75
53 Branch office expense 2051 70
54 Agents balances charged off 545 98
56 Gross decrease by adjustment in book value of ledger
assets viz Prom life statement 1196237 34
57 Total disbursements 1597892 43
NonLedger Assets
41 Other nonledger assets viz Deferred premiums on pay
order business less corns 671038 12462 13
43 Prom life statement 2528092 61
44 Gross assets 2540554 74
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 16332 health 12535 total 288 67
3 Losses and claims incurred but not reported Accident
80456 health 120568 total 2010 24
4 Losses and claims Besisted Accident 1090 00
7 Net unpaid claims except liability and workmens comp
claims Accident 20578 health 133103 total 3388 91
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
2529169 unearned premiums fifty per cent 12645 85
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 1300 51
34 Salaries rents expenses bills accounts fees etc due or
accrued 270 00
CompteolleeGenekals Repoet 879
41 Advance premiums one hundred per cent 1430 50
50 From life stmt 1725562 69
51 Total amount of all liabilities except capital 1744598 46
52 Capital actually paid up in cash 250000 00
53 Surplus over all liabilities 545956 28
54 Surplus as regards policyholders 795956 28
55 Total liabilities 2540554 74
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 535000 health
535000 totals 10700 00
Gross losses paid Accident 122889 health 267777 3906 66
AMERICAN SURETY COMPANY OF NEW YORK N Y
F W Lafrentz President H B Zevely 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 9468794 31
IIIncome
1 Gross premiums written and renewed during the year Fidel
ity 150395407 surety 243123351 total 3935187 58
2 Deduct reinsurance Fidelity 3219942
surety 9208102 total 124280 00
3 Deduct return premiums on policies can
celled Fidelity 13488521 surety
32445155 total 459336 76
4 Premium on policies not taken Fidelity
8748729 surety 19332205 total 280809 34
5 Total deductions Fidelity 25457192 surety 609
85462 total 864426 54
6 Net premiums Fidelity 124938215 surety 1821
37889 total 3070761 04
23 Gross interest on mortgage loans 10230 9288U
ComptbolleeGenebals Eepoet
26
27
30
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on stocks
Gross interest on deposits in trust companies and banks
Gross interest from all other sources Collected on
salvage debts 312690 past due prem 1685 past
due interest 1050
Gross rents from companys property including 439000
for companys occupancy of its own buildings
32 From other sources Checks of other par
ties in process of collection Dec 31
1913
34 Checks of other parties in process of col
lection Dec 31 1912
35 Premiums paid in advance Dec 31 1913
36 Premiums paid in advance Dec 31 1912
58 Gross profit on sale or maturity of ledger assets viz
Sale of agency organizations in Canada and Mexico
10000000 bonds part 4 1219785 total
39 Gross increase by adjustment in book value of ledger
assets viz Increase in liab for Fed income tax
8333 Increase in liab for accounts payable 3
63414 total
935 41
777 53
3o499 90
19820 8S
961 58
182620 58
17852 19
3154 25
289227 15
935 41
15679 05
112197 85
3717 47
40 Total income 3707337 49
IIIDisbursements
Gross amount paid for losses Fidelity 47808836
Surety 107675435 total 1554842 71
Deduct reinsurance Fidelity 619158
surety 3663020 total 42821 78
Deduct Salvage Fidelity 10751520
surety 53872285 total 646238 05
4 Total deductions
35305 total
Fidelity 11370678 surety 575
689059 83
5 Net amount paid policyholders for losses Fidelity
36438158 surety 50140130 total 865782 88
18 Investigation and adjustment of claims viz Fidelity
2353209 surety 3928083 total 62812 92
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 16531896 surety 25722211 total 422541 07
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 350376 88
32 Inspection other than medical and claims 15206 37ComptrollerGenerals Beport
881
33l Rents including 4390000 for companys occupancy
of its own buildings
34 Repairs and expenses other than taxes on real estate
including rent of building leases for 99 years
35 Taxes on real estate
36 State taxes on premiums
37 Insurance department licenses and fees
38 All other licenses fees and taxes Federal corporation
tax 363733 municipal taxes 363761 internal
revenue taxes 40503 total
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends
49 Other disbursements Reference and guide books 1
11884 references 25771 traveling expenses 11
12124 law library 33000 stock registration 25000
traveling auditors 41567 insurance 4500 surety
Assn expenses 216901 Towner Rating Bureau 2
50000 convention expenses 722812 collection fees
98420 increase of capital 47941 donations 1
25000 spl expens 795875 petty exp 100241
total
53 Investment expenses taxes on investments 1400 broker
age 13301
55 Gross loss on sale or maturity of ledger assets viz
Bonds part 4 7500 stocks part 4 1877700
56 Gross decrease by adjustment in book value of ledger
assets viz Decrease in liability for reinsurance
47702 50
180613 98
79247 12
44148 23
19576 15
7679 97
7291 80
8668 58
11319 49
39121 29
5364 54
500000 00
37110 41
147 01
18852 00
24207 27
57 Total disbursements 3529441 31
IVLedger Assets
1 Book value of real estate 3480000 00
2 Mortgage loans on real estate 54250 00
3 Loans secured by pledge of bonds stocks or other col
laterals 21026 36
4 Book value of bonds 174772742 and stocks 2786
32863 total 4534056 05
5 Cash in companys office 9187 94
6 Deposit in trust companies and banks not on interest 438760 39
7 Deposits in trust companies and banks on interest 491918 25
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Fidelity 10489283
surety 23952167 total 344414 50882
ComptrollerGenerals Report
On policies or renewals issued prior to Oct
1 1913 Fidelity 2743277 surety
24564423 total
273077 00
617491 50
25 Total
31 Ledger assets 9646690 49
NonLedger Assets
32 Interest accrued on mortgages
33 Interest accrued on bonds
34 Interest accrued on collateral loans
35 Interest accrued on other assets
4S0 4
18053 73
197 83
150 00
37 Total
38 Eents due 854671 and accrued 143334 on companys
property or lease
18881 99
9780 05
44 Gross assets 9675352 53
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 273077 00
52 Book value of ledger assets over market
value viz Stocks 25974S63 bonds
27118742 total 530930 05
55 Total 804013 05
57 Admitted assets 8871339 48
VLiabilities
2 Losses and claims reported or in process of adjustment
Fidelity 10263705 surety 13125137 total 233888 42
3 Losses and claims incurred but not reported Fidelity
11855560 surety 12403553 total 24259113
4 Losses and claims resisted Fidelity 10303863 surety
12539334 total 228431 97
5 Total losses and claims Fidelity 32423128 surety
38068024 total 704911 52
6 Deduct reinsurance Fidelity 90746 surety 1489118 15798 64
Net unpaid claims except liability and workmens comp
claims Fidelity 32332382 surety 36578906 689112 88ComptrollerGenerals Beport
883

21 Estimated expenses of investigation and adjustment of
unpaid claims Fidelity 1250000 surety 1250000 25000 00
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 2
95847086 unearned premiums fifty per cent 1479
23543 8378495 unearned premiums seventyfive
per cent 6283871 6096837 unearned premiums
one hundred per cent 6096837 1603042 51
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
45783090 unearned premiums pro rata 23605924 236059 24
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after October 1 1913 viz Fidelity 1102709
surety 2238557 total 33412 66
Salaries rents expenses bills accounts fees etc due
or accrued 44453 51
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 48713 28
40 Reinsurance 22616 38
41 Advance premiums one hundred per cent 35499 90
43 Reserve for contingent expenses 25000 00
44 Checks of other parties in process of collection 1712 94
34
35
51 Total amount of all liabilities except capital 2764623 30
52 Capital actually paid up in cash 5000000 00
53 Surplus over all liabilities 1106716 18
54 Surplus as regards policyholders 6106716 18
55 Total liabilities 8871339 48
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Fidelity 1881591 surety
1573551 total 34551 42
Gross losses paid Fidelity 47562 surety 191554 1439 92884
ComptrollerGenerals Eeport
COLUMBIA INSURANCE COMPANY
Home Office 15 Exchange Place Jersey City X J
G F Crane President C E Dean 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 1000433 10
4 Extended at 1000433 10
IIIncome
Marine Inland
5 Gross premiums 953223 57
6 Deduct reinsurance premiums marine and
inland 38217724 return premiums
marine and inland 17427642 total 556453 66
7 Total premiums other than perpetual 396769 91
11 Gross interest on bonds and dividends on
stocks less 65100 accrued interest on
bonds acquired during 1913 33916 50
12 Gross interest on deposits in trust compa
nies and banks 857 78
14 On cash deposit with Ontario Ins Dept 300 00
17 Total gross interest and rents
28 Total income
35074 28
431844 19
IIIDisbursements
Marine Inland
1 Gross amount paid polieyholders for losses
including 2247028 occurring in pre
vious years 448121 58
2 Deduct amount received for Salvage ma
rine and inland 1721914 reinsurance
21377768 total 240996 82
3 Net amount paid polieyholders for losses 217124 76
4 Expenses of adjustment and settlement of losses 11396 52
5 Commissions or brokerage 123400 76
6 Allowances to local agencies for miscellaneous agency ex
penses 1432 00ComptrollerGenerals Report
885
7 Expenses of special and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
10 Printing and stationery
11 Postage telegrams telephone and express
12 Legal expenses
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses
17 Inspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation tax
24 Investment expenses
38 Agents balance charged off
40 Gross decrease by adjustment in book value of ledger as
sets 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 1913
9 Agents balances representing business written prior to
October 1 1913
13 Cash deposit Ontario Insurance Department
3634 02
7710 01
2161 00
731 00
120 00
770 00
308 63
277 00
9316 12
1624 00
466 76
52 50
7217 17
932 13
388674 38
922470 79
53352 11
43149 19
7830 82
16800 00
16 Total ledger assets 1043602 91
NonLedger Assets
18 Interest accrued on bonds
21 On Ontario deposit
10930 82
232 50
24 Total
11163 32
30 Gross assets 1054766 23
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1913 7830 82
38 Book value of ledger assets over market
value
73255 79
40 Total
41 Total admitted assets
81086 61
973679 62 29428 83
886 COMPTKOLLERGrENEKAIjS REPORT
VLiabilities
2 Gross claims for losses in process of adjustment or in sus
pense plus 37370 reserve for losses incurred prior ot
December 31 of which no notice had been received on
that date 53295 06
3 Gross claims for losses resisted 1105 00
4 Total 54400 06
5 Deduct reinsurance due or accrued 24971 23
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired long
term inland risks 2192589 unearned
premiums 11755 89
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
35224197 unearned premiums fifty
per cent 176120 98
9 Gross premiums less reinsurance cash and
bills received and receivable upon all
unexpired marine risks 125243 un
earned premiums 100 per cent 1252 43
10 Total unearned premiums as computed above
17 Salaries rents expenses bills accounts fees etc due or
accrued
IS Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
19 Contingent commissions or other charges due or accrued
26 Total amount of all liabilities except capital
27 Capita actually paid up in cash 400000 00
28 Surplus over all liabilities 339121 49
29 Surplus as regards policyholders
30 Total liabilities 973679 62
189129 30
500 00
9000 00
6500 00
234558 13
739121 49ComptbollebGenebals Kepokt
THE COLUMBIAN NATIONAL LIFE INSUEANCE COMPANY OF
BOSTON MASSACHUSETTS
Arthur E Childs President William H Brown Secretary
Alfred C Newell Attorney for Service in Georgia
IIIncome
1 Gross premiums written and renewed during the year
Accident 22931445 health 12970990 total 359024 35
2 Deduct reinsurance Accident 446867
health 169015 total 6158 82
3 Deduct return premiums on policies can
celled Accident 664994 health 4
40157 total 11051 51
4 Premium on policies not taken Accident
6509448 health 3232175 total 97416 23
5 Total deductions Accident 7621300 health 3841347 114626 56
6 Net premiums Accident 15310136 health 9129643 244397 79
IIIDisbursement
1 Gross amount paid for losses Accident 7328288
health 5047077 total 123753 65
2 Deduct reinsurance Accident 119464 health 211463 3309 27
5 Net amount paid policyholders for losses Accident 72
08824 health 4835614 total 120444 38
18 Investigation and adjustment of claims viz Accident
197389 health 80469 2778 58
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 5249560 health 2899383 total 81489 43
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 26811 14
30 Salaries traveling and all other expenses of agents not
not paid by commissions 12318 75
31 Medical examiners fees and salaries 1299 46
32 Inspection other than medical and claim 595 36
33 Bents including249102 for companys occupancy of
its own buildings 6472 95
36 State taxes on premiums 4033 99
37 Insurance department licenses and fees 1229 29
40 State and municipal licenses and fees 169 89
41 Personal property taxes 11 02888
CoMPTKOLLERGrENERALS EEPORT
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
50 Home office expense
51 Home office traveling
52 Exchange
57 Total disbursements
431 95
969 75
4004 55
2381 91
2103 34
2675 24
1801 04
93 56
272115 58
IVLedger Assets
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 1816671
health 1066933 total 28836 04
On policies or renewals issued prior to Oct
1 1913 Accident 130568 healtth
76683 total 2072 51
35 Total 30908 55
Deduct Assets Not Admitted
50 Premiums in course of collection written prior to Oct 1
1913 2072 51
VLiabilities
1 Losses and claims adjusted Accident 73536 health
89753 total 1632 89
2 Reported or in process of adjustment Accident 20
02609 health 544786 total 25473 95
4 Losses and claims resisted 300 00
5 Total losses and claims Accident 2076145 health
664539 total 27406 84
6 Deduct reinsurance Accident 39551 health 5000 445 51
7 Net unpaid claims except liability and workments comp
claims Accident 2036594 health 659539 total 26961 33
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 40000 health 20000 600 00
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
20532641 unearned premiums fifty per cent total 102663 21ComptrollerGenerals Report
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1913 viz Accident 567275 health
555479 total
34 Salaries rents expenses bills accounts fees etc due
or accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
40 Reinsurance
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital accident
and health
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 798630 health
551615 total
Gross losses paid Accident 674273 health 175490
889
9227 54
1427 41
4488 5G
663 71
195 25
146227 01
13502 45
8497 63
CONTINENTAL CASUALTY COMPANY
Home Office Hammond Indiana
H G B Alexander President Wm H Betts Secretary
Insurance Commissioner Attorney for Service
ICapital Stock
1 Amount of capital paid up in cash 300000 00
2 Amount of ledger assets as per balance December 31 of
9 9Q3 7Q 73
previous year rOTi
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 31902621 health 86395885 total 4053985 06
2 Deduct reinsurance Accident 6166 53
3 Deduct return premiums on policies can
celled Accident 2499632 health 4
06917 total 29065 49890
ComptrollerGenerals Eeport

4 Deduct premium on policies not taken Ac
cident 69480087 health 11337277
total 808173 64
5 Total deductions Accident 72596372 health 117
44194 total
6 Net premiums Accident 246406249 health 746
51691 total
21 Policy fees required or represented by applications
23 Gross interest on mortgage loans less
25347 accrued interest on mortgages ac
quired during 1913 i
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks
26 Gross interest on deposits in trust compa
nies and banks
28 Bills receivable
30 Gross rents from companys property
30737 36
4657 19
21128 69
1139 33
119 97
3005 63
31 Total gross interest and rents
37 From agents balances previously charged off
38 Gross profit on sale or maturity of ledger assets viz Eeal
estate
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds
843405 66
3210579 40
134749 00
607S8 17
8227 85
6S5 57
30 39
40 Total income 3415060 38
IIIDisbursements
1 Gross amount paid for losses Accident 112007341
health 33785087 total 1457924 30
2 Deduct reinsurance Accident 4309 44
5 Net amount paid policyholders for losses Accident 1115
76397 health 33785089 total 1453614 86
18 Investigation and adjustment of claims viz Accident 25
69850 health 764631 total 33244 81
23 Policy fees retained by agents 134749 00
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 58620129 health 7993654 total 666137 83
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 348425 00
30 Salaries traveling and all other expenses of agents not paid
by commissions 445 947 95CoMPTKOLLEEGEISrEEALS REPORT
891
31 Medical examiners fees and salaries 17339 67
33 Eents 01908 36
36 State taxes on premiums 58738 58
37 Insurance department licenses and fees 11112 66
39 Federal corporation tax 526 22
40 Publication and filing fees 6885 69
41 County and municipal licenses and taxes 3072 71
42 Examinations by insurance departments 2955 18
43 Legal expenses 42005 65
44 Advertising 10511 79
45 Printing and stationery 42791 95
46 Postage telegraph telephone and express 36394 16
47 Furniture and fixtures 15000 00
48 Stockholders for interest or dividends amount declared
during the year 6000000 60000 00
50 General expense 33087 79
54 Agents balances charged off 16850 08
55 Gross loss on sale or maturity of ledger assets viz Real
estate 233 53
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 707 94
57 Total disbursements 3502241 42
IVLedger Assets
1 Book value of real estate 35000 00
2 Mortgage loans on real estate first liens 496650 00
4 Book value of bonds 27635527 and stocks 31208000
total 588435 37
5 Cash in companys office 3697 37
6 Deposit in trust companies and banks not on interest 1636 22
7 Deposits in trust companies and banks on interest 123781 83
8 Premiums in course of collection viz On policies or re
newals issued on or after October 1 1913 Accident
48029641 health 13546539 total 615751 80
26 Bills receivable 9639 73
28 Agents balances 89108 22
29 Furniture and fixtures 80008 42
30 Cash in hands of P M s and Treas in transit 152902 73
31 Ledger assets 2196611 69
NonLedger Assets
32 interest accrued on mortgages 7528 50
33 Interest accrued on bonds 5400 71
44 Gross assets 2209540 90892

ComptrollerGenerals Keport
Deduct Assets Not Admitted
45 Agents balances
46 Bills receivable
47 Furniture and fixtures
53 Book value of bonds 276
35537 stocks 312080
total
55 Market value of bonds
25555205 stocks 307
82400 total
89108 22
9639 73
80008 42
588435 37
563376 05
25059 32
Balance
56 Total
005 725 1
57 Admitted assets uuo
203815 79
VLiabilities
1 Losses and claims adjusted Accident
2 Losses and claims reported or in process of adjustment
Accident 10160582 health 1000884 total
4 Losses and claims resisted Accident 49325 health 2
475 total
5 Total losses and claims Accident 16089208 health 12
48384 total
6 Deduct reinsurance Accident
9961 26
111614 66
51800 00
21
26
Net unpaid claims except liability and workmens comp
claims excluding expenses of investigationand adjust
ment Accident 15039208 health 1248384 total
Estimated expenses of investigation and adjustment of un
paid claims Accident 85000 health 15000 total
Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 1590
49929 unearned premiums fifty per cent
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident 6539445 health
1844459 total
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
40 Reinsurance
173375 92
10500 00
162875 92
1000 00
795249 64
83839 04
13780 17
30000 00
4745 3CompteolleeGenebals Kepoet 893
41 Advance premiums one hundred per cent 970 30
43 Voluntary contingent reserve 150000 00
55 Total liabilities 1242460 37
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 5191113 health
1711103 total 69022 16
Gross losses paid Accident 2201111 health 1018632
total 32197 43
THE EMPLOYEES LIABILITY ASSURANCE CORPORATION LTD
Samuel Appleton U S Manager
Reed and Martin Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance December 31
of previous year 749379
IIIncome
1 Gross premiums written and renewed during the year
Accident 33869980 health 10363445 liability
460334624 workmens compensation 222688095
fidelity 9033800 surety 2000 plate glass 37
14416 steam boiler 3733962 burglary and theft
14063944 auto and teams prop dam 51948648
workmens collective 4258961 total 814011
2 Deduct reinsurance Accident 51037
health 3500 fidelity 38730 burg
lary and theft 35384 total 1286 76
3 Deduct return premiums on policies can
celled Accident 2585529 health 10
33514 liability 118510045 work
mens compensation 30003519 fidelity
1408983 plate glass 301301 steam
boiler 296366 burglary and theft
1315620 auto and teams prop dam
8818849 workmens collective 23
94925 total 1666686 51894
ComptrollerGenerals Report
4 Premium on policies not taken 1865548
Health 755611 liability 19575120
workmens compensation 3591395
fidelity 372462 plate glass 280767
steam boiler 294127 burglary and
theft 896686 auto and teams prop
dam 4232731 workmens collective
244892 total
321093 39
Total Deductions Accident 4502114 health 1792625
liability 138085165 workmens compensation
33594914 fidelity 1820195 plate glass 582068
steam boiler 590493 burglary and theft 3247695
auto and teams prop dam 13051580 workmens
collective 2639817 total
1989066 66
6 Net premiums Accident 29367866 health 8570820
liability 322249459 workmens compensation 1
890931 fidelity 7213605 surety 2000 plate glass
3132348 steam boiler 3143469 burglary and theft
11816249 auto and teams prop dam 38897068
workmens collective 1619144 total 6151052 09
25 Gross interest on bonds and dividends on stocks less
382988 accrued interest on bonds acquired during
1913 234k939 01
26 Gross interest on deposits in trust companies and banks 176 92
28 Eeceived on Agency bank accounts 636 45
29 Received on cash held by trustees 1162 04
37 From agents balances previously charged off 877 95
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 3056 25
40 Total income 6391910 71
IIIDisbursements
1 Gross amount paid for losses Accident 15753553
health 3453846 liability 204665058 workmens
compsn 58351390 fidelity 3040925 plate glass
984077 burglary and theft 4011851 auto and
teams property damage 12821887 workmens col
lective 1674372 total 3047569 59
2 Deduct reinsurance Accident 62 50
3 Deduct salvage Fidelity 8361 05
4 Total deductions Accident 6250 fidelity 836105
8423 55ComptbollebGeneeals Eepoet
895
5 Net amount paid policyholders for losses Accident
15747303 Eealth 3453846 liability 2046
65058 workmens compsn 58351390 fidelity 22
04820 plate glass 984077 burglary and theft 40
11851 auto and teams prop dam 12821887 work
ments collective 1674372 total 3039146 04
18 Investigation and adjustment of claims viz Accident
1596517 health 300063 liability 45983495
workmens compensation 6991882 fidelity 433293
plate glass 130300 burglary and theft 426143
auto and teams property damage 1902662 work
mens collective 193361 total 579577 16
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 10393263 health 2850856
liability 103166673 workmens compensation
27534705 fidelity 1684420 plate glass 924746
steam boiler 748781 burglary and theft 3666889
auto and teams property damage 9951571 work
mens collective 1107996 total 1620371 00
29 Salaries fees and all other compensation of officers dir
ectors trustees and home office employees 129891 15
30 Salaries traveling and all other expenses of agents not
paid by commissions 50616 88
31 Medical examiners fees and salaries 133 00
32 Inspection other than medical and claims 84459 31
33 Rents 16163 86
36 State taxes on premiums 111068 88
37 Insurance department licenses and fees 10497 44
38 All other licenses fees and taxes Federal corporation
tax 0404 25
40 County and municipal taxes and fees 1680 39
41 Publication of statement 757 46
42 Miscellaneous expenses 165 82
43 Legal expenses 11728 05
44 Advertising 17241 38
45 Printing and stationery and supplies 42563 77
46 Postage telegraph telephone and express 28304 71
47 Furniture and fixtures 6718 54
48 Remitted to head office 553318 48
49 Other disbursements Investment expenses 643 03
51 Miscellaneous expenses 18124 11
34 Agents balances charged off 4323 49
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds 220935 00
57 Total disbursements 6558033 20896
ComptrollekGteneeals Report
IVLedger Assets
4 Book value of bonds 5923175 00
5 Cash in companys office 5015 25
6 Deposit in trust companies and banks not on interest 2794 75
7 Deposits in trust companies and banks on interest 790 79
8 Cash deposited with trustees with Kidder Peabody on inst 84435 66
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 5860801
health 1709400 liability 67397204
workmens compensation 35464802
fidelity 732600 surety 2000 plate
glass 610500 steam boiler 854700
burglary and theft 2442000 auto and
teams prop dam 6471301 workmens
collective 854700 totals 1221000 08
On policies or renewals issued prior to Oct
1 1913 Accident 334900 health 1
02093 liability 5478338 workmens
compensation 2881287 fidelity
12345 plate glass 11339 steam
boiler 34052 burglary and theft
38302 auto and teams prop dam 3
23176 workmens collective 229613 94455 12
25 Total 1315455 20
31 Ledger assets 7327156 65
NonLedger Assets
33 Interest due on bonds 85761 77
44 Gross assets 7412918 42
Deduct Assets Not Admitted
50 Premiums in course of collection written prior to October
11913 94455 12
57 Admitted assets 7318463 30
VLiabilities
2 Losses and claims reported or in procees of adjustment
Accident 3552500 health 1069000 fidelity 31
65500 plate glass 140000 burglary and theft
1184000 auto and teams property damage 35
80000 workmens collective 341500 total 130325 00ComptrollebGenebals Report
897
4 Losses and claims resisted Accident
lary and theft 689000 total
4504500 burg
51935 00
7 Net unpaid claims except liabilities and workmen s comp
claims Accident 8057000 health 1069000 fidelity
3165500 plate glass 140000 burglary and theft
1873000 auto and teams property damage 35
80000 workmens collective 341500 total 182260 00
17 Special reserve for unpaid liability and workmens com
pensation losses 1671385 00
19 Special reserve for accrued losses on credit policies in
force Dec 31 1913 being fifty per cent 1853645 00
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 424000 health 56000
fidelity 230000 plate glass 7500 burglary and
theft 98500 auto and teams prop damage 188500
workmens collective 18000 10225 00
26 Gross premiums less reinsurance upon all unexpired fire
risks running one year or less from date of policy 4
66515868 unearned premiums fifty per cent 2332579 34
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
59929073 unearned premiums pro rata 305302 18
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after October 1 1913 viz Accident 2346474
healtth 668289 liability 17937738 workmens
compensation 6803441 fidelity 261468 surety
600 plate glass 244972 steam boiler 259070
burglary and theft 1018455 auto and teams prop
damage 1838005 workmens collective 152119 315306 31
34 Salaries rents expenses bills accounts fees etc due or
accrued 70000 00
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 80000 00
51 Total amount of all liabilities except capital 4967057 83
54 Surplus as regards policyholders 2351405 47
55 Total liabilities 7318463 30
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 164047 health
7781 liability 1513624 fidelity 172 plate
glass 54914 burglary and theft 34549 auto and
teams property damage 126533 total 19705 76898 ComptbollebGenebals Repobt
Gross losses paid Accident 66174 health 35985
liability 1631696 fidelity 125618 plate glass
2862 burglary and theft 070 auto and teams prop
damage 76612
16876 21
EQUITABLE SURETY COMPANY
Home Office Broad and Locust Sts St Louis Mo
B J Taussig President W H West Secretary
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December 31st of previous year 1516771 71
3 Decrease of paidup capital during the year
addea to surplus 50000000
Extended at 151677171
To increase ledger assets account furniture and fixtures
and accounts collectible 9422 17
Total 1526193 88
IIIncome
1 Gross premiums written and renewed during the year
Fidelity 32683337 surety 46011319 total 786946 56
3 Deduct reinsurance Fidelity 5165629
surety 3117067 total 82826 96
3 Deduct return premiums on policies can
celled Fidelity 6028823 surety 48
18265 total
108470 88
5 Total deductions Fidelity 11194452 surety 7935332
total 191297 84
6 Net premiums Fidelity 214888 85 surety 38075987
total 59564872
23 Gross interest on mortgage loans 2000 00
25 Gross interest on bonds and dividends on
stocks less 70167 accrued interest on
bonds acquired during 1913 47635 83
26 Gross interest on deposits in trust compa
nies and banks 2659 45COMPTEOLLEBGrElSrEEALS REPORT
63137
106 20
31 Total gross interest and rents
40 Total income
28 New York excise 568961
29 Interest on deferred agents settlements
6241
899
53032 85
650071 07
IIIDisbursements
1 Gross amount paid for losses Fidelity 3980201 surety
19309451 total
2 Deduct reinsurance Fidelity 175000
surety 710552 total 8855 52
3 Deduct salvage Fidelity 1016355 sure
ty 2265699 total 32820 32
4 Total deduction Fidelity 1191333 surety 2976251
total
5 Net amount paid policyholders for losses Fidelity 27
88868 surety 16333200 total S
18 Investigation and adjustment of claims viz Fidelity
186506 surety 1056869 total
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 4177407 surety 8914482 total
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
33 Rents
35 Taxes on real estate
36 State taxes on premiums
37 Insurance department licenses and fees
40 City and state taxes
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
50 General expenses
51 Decrease account reinsurance
54 Agents balances charged off
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds
232896 52
41675 84
191220 68
12433 75
130918 89
87502 07
100788 39
489 62
6530 34
173 63
7450 36
7261 46
15888 45
7690 56
1600 16
11874 07
9472 98
2847 75
12137 76
10248 27
430 86
35125 00
57 Total disbursements 652085 05900
ComptrollerGenerals Keport
IVLedger Assets
1 Book value of real estate i
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other collat
erals
4 Book value of bonds 110333165 and stocks 2375000
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 1913 Fidelity 4143776
surety 6183521 total
On policies or renewals issued prior to Oc
tober 1 1913 Fidelity 636494 sure
ty 4988754 total
1008 00
43000 00
1030 30
1127081 65
2210 00
33047 40
117512 23
103272 97
56252 48
25 Total
28 New York excise funds in banks
29 Furniture and fixtures
30 Accounts receivable
159525 45
28686 62
7908 32
3169 93
31 Ledger assets 1524179 90
NonLedger Assets
32 Interest on mortgages
33 Interest on bonds
500 00
18785 73
37 Total
19285 73
44 Gross assets 1543405 63

Deduct Assets Not Admitted
47 Furniture and fixtures 7908 32
49 Accounts collectible 3169 93
Cash in banks subject to agents check 7746 70
50 Premiums in course of collection written
prior to October 1 1913 56252 48
52 Book value of ledger assets over market
value viz Bonds 7971415 stocks
25000 total 79964 15
56 Total
155041 58
57 Admitted assets 1388424 05CompteollebGeneeals Eepoet 001
VLiabilities
1 Losses and claims adjusted Fidelity 5221 surety
86706 total 1388 27
2 Losses and claims reported or in process of adjustment
Fidelity 570545 surety 5362749 total 59332 94
3 Losses and claims incurred but not reported Fidelity 5
48274 surety 1205000 total 17532 74
4 Losses and claims resisted Surety 64283 51
5 Total losses and claims Fidelity 1170940 surety 130
82706 total 142537 46
6 Deduct reinsurance Fidelity 263898 surety 11
01984 total 13658 82
7 Jset unpaid claims except liability and workmens comp
claims excluding expenses of investigation and adjust
ment Fidelity 907042 surety 11980822 total 128878 64
21 Estimated expenses of investigation and adjustment of un
paid claims Fidelity 1000 surety 1500 total 2500 00
26 Gross premiums less reinsurance upon all unexpire I risks
running one year or less from date of policy 469
57344 unearned premiums fifty per cent 234786 72
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 47
61774 unearned premiums pro rata 29461 89
New York excise 31011 10
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Fidelity 1010944 surety
1417912 total 24288 56
34 Salaries rents expenses bills accounts fees etc due or ac
crued 24288 56
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 8092 54
51 Total amount of all liabilities except capital 466490 00
52 Capital actually paid up in cash 500000 00
53 Surplus over all liabilities 421934 05

54 Surplus as regards policyholders 921934 05
55 Total liabilities 1388424 05
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written dur
ing the year Fidelity 209082 surety 143632 total 3527 14
Gross losses paid Surety 8 00902
CompteollebGenebals Eeport
FEDERAL CASUALTY COMPANY
V D Cliff President E Mv Secretary
Wm A Wright Insurance Commissioner 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
373168 52
previous year
IIIncome
1 Gross premiums written anil renewed during the year Ac
cident and health
3 Deduct return premiums on policies cancelled Accident
and health
6 Net premiums Accident and health i
21 Policy fees required or represented by applications
23 Gross interest on mortgage loans less 2667 accrued in
terest on mortgages acquired during 1913
25 Gross interest on bonds and dividends on stocks less 1
30406 accrued interest on bonds acquired during 1913
26 Gross interest on deposits in trust companies and banks
38 Gross profit on sale or maturity of ledger assets viz Bonds
69720 stocks 8500 total
Cross increase by adjustment in bonk value of ledger as
sets viz Bonds
347364 23
570 69
346793 54
35865 00
153 33
40 Total income
18 590 49
426 86
782 20
200 00
40 811 42
IIIDisbursements
1
23
24
29
30
31
33
36
37
Gross amount paid for losses Accident and health
Policy fees retained by agents
Commissions or brokerage less amount received on extra
premiums and reinsurance for the following classes Ac
cident and health
Salaries fees and all other compensation of officers direc
tors trustees and home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Medical examiners fees and Salaries
Rents
State taxes on premiums
Insurance department licenses and fees
138245 19
35835 00
71140 79
29907 54
30159 57
1097 01
775 00
6601 97
2158 0239
43
44
45
46
47
48
50
51
54
55
56
31
32
33
44
ComptbolleeGenebals Repobt
Federal corporation tax
Legal expenses
Advertising
Printing and stationery
Postage telegraph telephone and express
Furniture and fixtures
Stockholders for interest or dividends amount declared
during the year 2500000
Ofhce supplies
General expense
Agents balances charged off
Gross loss on sale or maturity of ledger assets siz Bonds
157300 stocks 50000 total
Gross decrease by adjustment in book value of ledger as
sets viz Bonds
Total disbursements
IVLedger Assets
Mortgage loans on real estate first liens
Book value of bonds 29800000 and stocks 9495875
total
Cash in companys office
Deposit in trust companies and banks not on interest
Ledger assets
NonLedger Assets
Interest due and accrued on mortgages
Interest due and accrued on bonds
Gross assets
Deduct Assets Not Admitted
Book value of ledger assets over market value
Admitted assets
YLiabilities
Losses and claims reported or in process of adjustment
Accident and health 490
Losses and claims resisted 6
Total losses and claims 490
903
690 17
802 24
916 64
3383 73
4411 10
1 65
35000 00
348 Hi
1446 07
983 93
2073 00
909 45
373864 53
4000 00
392958 75
1740 31
3416 65
402115 41
20 00
5740 03
407875 44
11824 80
396050 64904
ComptrollerGenerals Report
1 There were 458 claims pending at close of year 1912 which
averaged 4250 eaeli so we estimate claims pending at
close of present year at 4250
28 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident and health
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash 200000 00
53 Surplus over all liabilities 155011 84
54 Surplus as regards policyholders
20825 00
3000 00
500 00
6500 01
10213 80
55 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
41038 80
355011 84
396050 64
4832 53
2007 65
FEDERAL LIFE INSURANCE COMPANY
Isaac Miller Hamilton President T W Appleby 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 3092260 24
IIIncome
1 Cross premiums written and renewed during the year Acci
dent 5735966 health 74265 total 58102 31
2 Defluct reinsurance Accident 442 65
3 Deduct return premiums on policies can
celled Accident 112 44
4 Deduct premium on policies not taken Ac
cident 141 50
5 Total deductions 696 59ComptrollerGenerals Report
905
6
21
23
24
25
26
Net premiums Accident 5666327 health 74265 total 57405 92
Policy fees required or represented by applications 10438 00
29
30
Gross interest on mortgage loans
Gross interest on collateral loans
Gross interest on bonds and dividends on
stocks
Gross interest on deposits in trust compa
nies and banks
Gross interest on deposits in trust compa
nies and banks E Life Dept
Gross interest on premium notes policy loans
and liens
Bills receivable overdue interest notes etc
Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings
43183 99
8646 37
18602 88
81 56
2629 04
51703 97
10218 65
37017 71
31 Total gross interest and rents
32 From other sources From life statement Premiums
34 Dividends left to accumulate at interest
35 Profit and loss
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds 2500 stocks 83200 total
40 Total income
172084 17
692321 35
6131 21
255 00
857 00
939492 66
IIIDisbursements
1 Gross amount paid for losses Accident 1358709 health
725267 total
2 Deduct reinsurance Accident
5 Xet amount paid policyholders for losses Accident 12
58611 health 725267 total
18 Investigation and adjustment of claims viz Health
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 2581146 health 34864 total
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not paid
by commissions
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
20839 1000 76 98
iq boo 78
45 95
10438 00
26160 10
10646 59
1397 48
50 00
414 00
494 80
21 66
394 00
906
ComptrollerGenerals Report
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
50 Bonuses
51 Miscellaneous expense
52 Exchange
53 All other disbursements asshown life statement
54 Agents balances charged off
57 Total disbursements
32 86
116 25
2 227 04
1061 79
219 35
69 13
172 89
53 90
904504 74
108 17
978467 48
IVLedger Assets
1 Book value of real estate
M ortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other collat
erals
4 Book value of bonds 370502 and stocks 17208 total
5 Gash in companys office
7 Deposits in trust companies and banks on interest
26 Hills receivable agents balances furniture fixtures etc
life department
28 Policy loans and liens life department
29 Premium notes life department

31 Ledger assets
NonLedger Assets
32 Interest due 203890 and accrued 1403145 on mort
gages
33 Interest accrued on bonds
14 Interest accrued on collateral loans
35 Interest accrued on other assets On policy loans life de
partment 1273750 C of D in bank and bank bal
ances 238201 total
42 Net uncollected and deferred premiums life department
474521 30
718993 65
115035 00
387710 00
7856 78
120778 65
30998 16
1169133 73
28258 14
3053285 41
16070 35
6969 34
4027 61
15119 51
66028 20
44 Gross assets 3161500 42
Deduct Assets Not Admitted
46 Bills receivable 8639 60
47 Furniture and fixtures 5714 57
48 Supplies printed matter and stationery 2500 00
52 Book value of lodger assets over market
value 6180 45ComptrollerGenerals Eepobt 907
54 Suspense account 849 92
55 Agents balances 13340 00
56 Premium notes and loans on policies and
loans liens and net premiums in excess
of reserve thereon 45484 78
Total 82709 3
57 Admitted assets 3078791 10
VLiabilities
2 Losses and claims reported or in process of adjustment Ac
cident 110385 health 32246 total 1426 33
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 107715
unearned premiums fifty per cent 538 58
40 Keinsurance 21 25
41 Advance premiums one hundred per cent 2488 13
50 Total liabilities as per life statement 2735794 77
51 Total amount of all liabilities except capital 2740269 05
52 Capital actually paid up in cash 300000 00
53 Surplus over all liabilities 38522 05
54 Surplus as regards policyholders 338522 05
55 Total liabilities 3078791 10
THE FIDELITY AND CASUALTY COMPANY OF NEW YORK
Home Office 9294 Liberty St and 97103 Cedar St New York City
Robert J Hillas President Theoddre E Gaty Secretary
Eugene Obedorfer 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 11211156 24
Extended at 11211156 24908
ComptbollebGeneeal s Repobt
IfIncome
1 Gross premiums written and renewed during the year
Accident 275926813 health 181823486 liab
ility 310800154 workmens compensation 1
19802241 fidelity 33701977 surety 30095943
plate glass 59182759 steam boiler 8610174
burglary and theft 74757063 fly wheel 13061706
auto and teams property damage and collision 115
13568 workmens collective 697816 totals11774677 00
2 Deduct reinsurance Accident 23821187
health 10832254 liability 150396
workmens compensation 128512
fidelity 2561213 surety 4338546
plate glass 142874 steam boiler
6510341 burglary and theft 67
30245 fly wheel 7898 totals 552234 66
3 Deduct return premiums on policies can
celled Accident 4993109 health
2871046 liability 21298206 work
mens compensation 2632286 fidel
ity 2599331 surety 1469874 plate
glass 1444365 steam boiler 66
19980 burglary and theft 2439551
fly wheel 1056437 auto and teams
property damage and collision 4
42175 workmens collective 662752 485291 IS
4 Premiums on policies not taken Acci
dent 58703024 health 43741497
liability 43577137 workmens com
pensation 22207888 fidelity 41
9372 surety 3633886 plate glass
12280220 steam boiler 122495
burglary and theft 10120958 ily
wheel 1869101 auto and teams prop
damage and collision 2181787 work
mens collective 54800 total 2147690 29
5 Total deductions Accident 875173211 health 574
11797 liability 65025739 workmens compensa
tion 24968686 fidelity 9309916 surety 94
42306 plate glass 13867459 steam boiler 253
79686 burglary and theft 19290754 fly wheel
1 2933436 auto and teams property damage anil
collision 2623962 workmens collective 717552
3185216 13ComptbollebGenebal s Repoet
909
6 Net premiums Accident 188409493 health 1243
78689 liability 245774415 workmens compensa
tion 94833555 fidelity 24392061 surety 206
53637 plate glass 45315300 steam boiler 407
24488 burglary and theft 55466309 fly wheel
10128270 auto and teams property damage and
collision 8889606 workmens collective 19736
total 8589460 87
24 Gross interest on collateral loans 1362 66
25 Gross interest on bonds and dividends on stocks less
638928 accrued interest on bonds acquired during
1913 371977 77
26 Gross interest on deposits in trust companies and banks 1758 06
27 Gross interest from all other sources 4184 17
30 Gross rents from companys property including 102
03158 for companys occupancy of its own buildings 127077 83
33 Money borrowed during the year 100000 00
34 Suspense account 2 884 14
35 Munich Reinsurance Company reserve retained under
contract 85720 6S
36 Fidelity insurance fund subscriptions from agents and
employees 917 34
37 From agents balances previously charged off 1086 90
38 Gross profit on sale or maturity of ledgerassets viz 1236 50
40 Total income 9287666 93
IIIDisbursements
1 Gross amount paid for losses Accident 113738978
health 64744655 liability 143923545 work
mens compensation 27562031 fidelity 10768545
surety 11464807 plate glass 17716938 steam
boiler 5499387 burglary and theft 20490549 fly
wheel 3051394 auto and teams property damage
and collision 2173860 workmens collective 2
47264 totals 421381953
2 Deduct reinsurance Accident 13620703
health 4365357 fidelity 98803
surety 396857 plate glass 86279
steam boiler 943395 burglary and
theft 1929il44 totals 214405 38
3 Deduct salvage Liability 2509793
workmens compensation 43103 fi
delity 4903998 surety 3244219 i
plate glass 381839 steam boiler
10974 burglary and theft 301684910
CompteolleeGenebals Repoet
fly wheel 15866 auto and teams
property damage and collision 41100
workmens collective 290 total
114528 66
4 Total deductions Accident 13620703 health 43
65357 liability 2509793 workmens compensation
43103 fidelity 5002801 surety 3641076 plate
glass 468118 steam boiler 954369 burglary and
theft 2230828 fly wheel 15866 auto and teams
property damage and collision 41100 workmens
collective 290 total
328934 04
5 Net amount paid policyholders for losses Accident
100118275 health 60379298 liability 1414
13752 workmens compensation 27518928 fidelity
5765744 surety 7823731 plate glass 17248820
steam boiler 4545018 burglary and theft 182
59721 fly wheel 3035528 auto and teams property
damage and collision 2132760 workmens collec
tive 246974 total 3884885 49
IS Investigation and adjustment of claims viz Accident
6302120 health 3801330 liability 34579109
workmens compensation 6893732 fidelity 17
18893 surety 859446 plate glass 1302990
steam boiler 634892 burglary and theft 2fi
04512 flywheel 87984 auto and teams property
damage and collision 592981 workmens collective
210449 total 595884 38
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 65329411 health 4076S841
liability 56541942 workmens compensation 127
98365 fidelity 4648875 surety 3622484 plate
glass 13586012 steam boiler 9088899 burglary
and theft 14648748 fly wheel 1894946 auto and
teams property damage and collision 16428731
workmens collective 21259 total 2245926 54
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 538054 75
30 Salaries traveling and all other expenses of agents not
paid by commissions 452840 40
31 Medical examiners fees and salaries 11110 77
32 Inspections other than medical and claim 269201 90
33 Rents 15940043 including 12707783 for companys
occupancy of its own buildings less 3059685 in
cluded in items 1822 and 5100299 included in
item 30 77800 59ComptrollerGenerals Report
911
34 Repairs and expenses other than taxes on real estate 55612 93
35 Taxes on real estate 22243 o3
36 State taxes on premiums 139016 47
37 Insurance department licenses and fees 18392 47
38 All other licenses fees and taxes Federal corporation
tax 489241 city taxes 869554 city fees 3600
county taxes 9437 county fees 100 13719 32
43 Legal expenses 4533
44 Advertising 4679 2o
45 Printing and stationery 74966 01
46 Postage telegraph telephone and express 30076 94
47 Furniture and fixtures 12303 05
48 Stockholders for interest or dividends 200000 00
49 Other disbursements Exchange and collection fees
284329 subscriptions 54035 interest 358400
fire insurance premiums 131389 office maintenance
and supplies 617037 Munich Reinsurance Co re
serve released under contract 6707005 suspense
account 85369 insurance department examination
and auditors 300891 loans repaid 10000000
fidelity insurance fund refund of subscriptions 560
profit and loss account 955456 sundries 655150 201496 21
54 Agents balances charged off 657 07
55 Gross loss on sale or maturity of ledger assets viz
bonds 20152 stocks 294 total 204 46
56 Gross decrease by adjustment in book value of ledger
assets viz Real estate 10000 00
57 Total disbursements 8863605 61
IVLedger Assets
1 Book value of real estate 1383893 45
4 Book value of bonds 45237757 and stocks 3649
17262 total 8101550 19
5 Cash in companys office 22s0 20
6 Deposits in trust companies and banks not on interest 145791 72
7 Deposits in trust companies and banks on interest 71S92 33
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 17163499
Health 36541514 liability 300
36407 workmens compensation 227
01306 fidelity 4287463 surety 22
53003 plate glass 7200850 steam
boiler 7669054 burglary and theft
10050977 fly wheel 2600940 auto912
ComptbollebGenebals Eepoet
and teams property damage and col
lision 1849327 workmens collective
71701 total 1424260 41
On policies or renewals issued prior to Oct
1 1913 Accident 4358175 health
4404507 liability 11678770 work
mens compensation 6538758 fidelity
562301 surety 2742285 plate
glass 1024917 steam boiler 11
02039 burglary and theft 682637
fly wheel 224610 auto and teams
property damage and collision 2
241272 workmens collective 78286 336331 57
25 Total 1760591 98
28 Agents balances and sundry ledger assets 28689 50
29 Special bank deposits at agencies 25009 49
30 Deposits in suspended banks 1983 49
30 Aeolian Weber Piano and Pianola Co stock 4375 68
Equity in funds of the Excise Reinsurance Association 68994 68
Equity in funds of the Workmens Compensation Eein
surance and Inspection Bureau 9565 53
31 Ledger assets 11635217 56
NonLedger Assets
33 Interest accrued on bonds 62165 28
36 Interest on deposit in National Bank of
Commerce New York N Y 90 08
37 Interest on deposit in Bank of New York
New York N Y 383 84
38 Bents accrued in companys property or
lease 195 02
Total 62834 22
44 Gross assets 11698051 78
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to Oct 1 1913
52 Book value of ledger assets over market
value viz Bonds and stocks 248
82066 Aeolian Weber Piano Pianola
Co stock
336331 57
700 00 ComptrollerGenerals Eeport 913
55 Special bank deposits at agencies 18169 S6
56
56a 57 Agents balances and sundry ledger assets 28689 50
Total 634 695 08

11063356 70
VLiabilities
1 Losses and claims reported or in process of adjustment Accident 28152780 health 19494907 fidelity 3748898 surety 3873639 plate glass 1380665
steam boiler 1311400 burglary and theft 50
06500 fly wheel 830000 auto and teams property
damage and collision 135000 workmens collective
190000 totals 641237 89
3 Losses and claims incurred but not reported Accident
2296954 health 1779575 fidelity 5706 surety
500000 plate glass 346680 steam boiler 1
00000 burglary and theft 348286 auto and teams
property damage and collision 20000 workmens
collective 10000 total 54072 05
4 Losses and claims resisted Accident 8895000 health
403000 fidelity 950000 surety 429500 steam
boiler 752500 burglary and theft 1809000 auto
and teams property damage and collision 130000 133690 00
Total losses and claims Accident 39344734 health
21677486 fidelity 4704604 surety 480313S
plate glass 1727345 steam boiler 2163900 burg
lary and theft 7163786 fly Wheel 830000 auto
and teams property damage and collision 285000
workmens collective 200000 total
Deduct reinsurance Accident 18750 fidelity 1
96125 surety 499500 total
828999 94
7143 75
17
20
Net unpaid claims except liability and workmens comp
claims Accident 39325984 health 21677486
fidelity 4508479 surety 4303639 plate glass
1727345 steam boiler 2163900 burglary and theft
7163786 fly wheel 830000 auto and teams prop
erty damage and collision 285000 workmens col
lective 200000 total 821856 19
Special reserve for unpaid liability losses and workmens
compensation 1506420 14
Total unpaid claims 2328276 33914
ComptrollerGenerals Report
22
26
21 Estimated expenses of investigation and adjustment oi
unpaid claims Accident 1500000 health 950000
fidelity 200000 surety 350000 plate glass 1
60000 steam boiler 100000 burglary and theft
350000 fly wheel 62500 auto and teams property
damage and collision 10000 workmens collective
17500 total
Gross premiums less reinsurance upon all unexpired
excise risks written in New York State running one
year or less from date of policy S268894 unearned
premiums seventyfive per cent
Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
759958264 unearned premiums fifty per cent
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of polity
144803548 unearned premiums pro rata 770
93057 total
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after Oct 1 1913 viz Accident 6041552
health 12515469 liability 6686104 workmens
compensation 3747986 fidelity 842S15 surety
475158 plate glass 2213541 steam boiler 18
06829 burglary and theft2886641 fly wheel 5
49839 auto and teams property damage and collision
387804 workmens collective 22019 total
34 Salaries rents expenses bills accounts fees etc due
or accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
40 Reinsurance
43 Reserve for contingencies
44 Fidelity insurance fund
45 Unearned premiums retained under contract with
Munich Reinsurance Company
46 Suspense account
47 All other
37000 00
62016 70
3799791 33
770930 57
381758 57
4202 03
130914 18
34806 77
400000 00
12958 09
85720 69
6717 26
71 13
51 Total amount of all liabilities except capital 8055163 6o
52 Capital actually paid up in cash 1000000 00
53 Surplus over all liabilities 2008193 05
54 Surplus as regards policyholders 3008193 05
oo Total liabilities 11063356 70CompteollebGenebals Repoet
915
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written
or renewed during the year Accident 3777012
health 3321456 liability 1376999 plate glass
447470 steam boiler 771329 burglary and theft
501913 fly Wheel 100365 automobile and teams
property damage and collision 59070 total 103556 14
Gross losses paid Accident 2935354 health 21
47331 liability 605702 plate glass 192431
steam boiler 80795 burglary andtheft 133358
automobile and teams property damage and collision
11225 total 61061 96
FIDELITY DEPOSIT COMPANY OF MARYLAND
Edwin Warfield President Eobert S Hart Secretary
ICapital Stock
1 Amount of capital paid up in cash 3000000 00
2 Amount of ledger assets as per balance December 31 of
previous year 8800241 43
3 Increase of paid up capital during the year 1000000 00
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 29388219 health 13288661 liability 2
13778832 workmens compensation 40813773 fidel
ity 143003751 surety 254505888 plate glass
60606005 burglary and theft 40014327 auto and
teams property damage 23333555 workmens collec
tive 659808 total 8193008 18
2 Deduct reinsurance Accident 2356894
health 1087111 liability 608088
4374518 surety 9127498 plate
glass 20999 burglary and theft 37
53542 total 213286 50
3 Deduct return premiums on policies can
celled Accident 593274 health 3
88557 liability 20144985 work
mens compensation 1231189 fidel
ity 8679292 surety 11239341916
ComptrollerGeneral s Report
plate glass 1260047 burglary and
theft 1042453 auto and teams prop
erty damage 2198121 workmen s col
lective 26820 total 468100 79
4 Premium on policies not taken Accident
5129113 health 2673452 liability
37121678 workmens compensation
5608375 fidelity 8340648 surety
10631709 plate glass 6419187
burglary and theft 4116346 auto and
teams property damage 4724483
workmens collective 31090 total 847960 81
5 Total deductions Accident 8079281 health 4149120
liability 57874751 workmens compensation 68
39564 fidelity 21394458 surety 30998548 plate
glass 7706233 burglary and theft 8912341 auto
and teams property damage 6922604 workmens col
lective 57910 total 1529348 10
6 Net premiums Accident 21368937 health 9139541
liability 155904081 workmens compensation 339
70209 fidelity 121609293 surety 223507340
plate glass 52899772 burglary and theft 31099986
auto and teams property damage 16410951 work
men a collective 511898 total 6663660 08
22 Inspections 1236 74
23 Gross interest on mortgage loans 3178 04
24 Gross interest on collateral loans 3459 60
25 Gross interest on bonds and dividends on
stocks less 1691483 accrued interest on
bonds acquired during 1913 679179 15
26 Gross interest on deposits in trust compa
nies and banks 12201 10
27 Gross interest from all other sources New
York excise funds 119595 branch of
fice bank deposits 85919 total 2055 14
30 Gross rents from companys property in
cluding 6467704 for companys occu
pancy of its own buildings 179890 44
31 Total gross interest and rents 879963 47
32 From other sources May 1 1913 for assuming outstanding
losses American Bonding Co 46056527 less amount
liquidated during year 15142070 balance 309144 57
34 Commissions fees etc 8 046 24
35 Increase in advance premiums over 1912 185 566 27
Increase in return premiums allowed but not claimed over
1912 46192 98ComptrollerGenerals Eeport
91
36 Return premium due for reinsurance 11773 66
37 From agents balances previously charged off 755 74
38 Gross profit on sale or maturity of ledger assets viz Bonds
25000 stocks 2607500 total 26325 00
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds 274316 stocks 18071600 collat
eral loans 35000 total 183809 16
40 Tntnl income 8316473 91
IILDisbursements
1 Gross amount paid for losses Accident 9982124 health
3746861 liability 68454240 workmens compensa
tion 8953463 fidelity 34855479 surety 695
55099 plate glass 19733940 burglary and theft 62
99841 auto and teams property damage 5593279
workmen s collective 564980 total 2277493 06
2 Deduct reinsurance Accident 1180620
health 352363 liability 28874
fidelity 468868 surety 1430700
plate glass 2398 burglary and theft
582010 auto and teams property dam
age 28927 total 40747 60
3 Deduct salvage Accident 43572 health
26785 fidelity 7187155 surety
21736055 plate glass 115833 bur
glary and theft 281458 total 294908 58
4 Total deduction Accident 1224192 health 379148
liability 28874 fidelity 7656023 surety 231
66755 plate glass 218231 burglary and theft 8
63468 auto and teams property damage 28927 total
335656 18

5 Net amount paid policyholders for losses Accident 87
67932 health 3367713 liability 68425366
workmens compensation 8953463 fidelity 271
99456 surety 46388344 plate glass 19515709
burglary and theft 5436373 auto and teams property
damage 5564352 workmens collective 564980
total 1941836 88
17 Collection expenses salvage and recovery 19418 38
18 Investigation and adjustment of claims viz Accident
90410 health 29476 liability 20858380 work
mens compensation 627996 fidelity 1062966
surety 2023270 plate glass 89297 burglary and
theft 349002 auto and teams property damage 5
71338 total 257021 85918
ComptrollerGenerals Report

24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 7174111 health 2495186 liability 412
95859 workmens compensation 41411764 fidelity
34607390 surety 28725033 auto and teams prop
erty damage 2063946 workmens collective 126534
total M18780 61
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 388306 96
30 Salaries traveling and all other expenses of agents not paid
by commissions 475943 60
31 Medical examiners fees and salaries 169 71
32 Inspection other than medical and claim 63617 77
33 Rents including 6467704 for companys occupancy of its
own buildings 122624 45
34 Repairs and expenses other than taxes on real estate 48354 37
35 Taxes on real estate 43514 53
36 State taxes on premiums 83856 01
37 Insurance department licenses and fees 18240 67
39 Federal corporation tax 3244 82
40 Municipal licenses 2793 86
41 State county and city taxes on capital stock 29743 92
42 Corporation tax 1250 00
43 Legal expenses 29810 60
44 Advertising 2Oy021 14
45 Printing and stationery 93015 96
46 Postage telegraph telephone and express 63677 40
47 Furniture and fixtures 25093 49
48 Stockholders for interest or dividends amount declared
during the year 88000000 880000 00
50 Home office incidentals 26481 96
51 Exchange on bills checks etc 632 10
52 Home office traveling expenses 26878 17
52y2 Merger expenses A B Co 11245 15
53 Expenses account liquidation Phila Cas Co 73936 00
Paid in settlement claim accident on elevator in building 2272 85
54 Agents balances charged off 10100 22
55 Gross loss on sale or maturity of ledger assets viz Bonds 562 50
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 9849313 stocks 213418 collateral
loans 60000 total 101227 31
57 Total disbursements 6283672 24
rvLedger Assets
1 Book value of real estate 2549827 83
2 Mortgage loans on real estate first liens 108534 00
3 Loans secured by pledge or bonds stocks or other collaterals 105050 00ComptrollerGenerals Beport
919
s
4 Book value of bonds 384361312 and stocks 2121
29300 total 5964906 12
5 Cash in companys branch offices 54871 27
6 Deposit in trust companies and banks not on interest 85703 50
7 Deposits in trust companies and banks on interest 1189498 31
Premiums in course of collection viz Ac
cident 6527584 health 3166473
liability 37136434 workmens com
pensation 3984180 fidelity 194
96350 surety 25880905 plate glass
5345757 burglary and theft 67
83477 auto and teams property dam
age 3538286 workmens collective
14829 total 1118840 73
On policies or renewals issued prior to Oc
tober 1 1913 Accident 1566142
health 673837 liability 10094882
workmens compensation 3125382
fidelity 13720175 surety 26391303
plate glass 996306 burglary and theft
1512979 auto and teams property
damage 1146241 workmens collec
tive 3750 total 592309 97
25 Total 1711150 70
26 Bills receivable 6400 00
27 Other ledger assets viz New York excise premium fund
1233132 New York current loss fund 2028465 New
York reserve fund 55598 41
29 Massachusetts workmens compensation reserve fund 1502 46
31 Ledger assets 11833042 60
NonLedger Assets
33 Interest accrued on bonds 535 41
44 Gross assets 11833578 01
Deduct Assets Not Admitted
50 Premium in course of collection written prior to October 1
1913 592309 97
57 Admitted assets 11241268 04
VLiabilities
1 Losses and claims adjusted Accident 52854 health
34854 fidelity 333279 surety 250000 total1
6709 87920
ComptrollerGeneral s Report
2 Losses and claims reported or in process of adjustment
Accident 3550557 health 1021858 fidelity 147
05131 surety 38605605 plate glass 697103 bur
glary and theft 3561275 auto and teams property
damage 2463529 workmen a collective 158515
total 645635 73
4 Losses and claims resisted Fidelity 7165000 surety
31653500 total 388185 00
5 Total losses and claims Accident 3403411 health 10
56712 fidelity 22203410 surety 70509105 plate
glass 69703 burglary and theft 3561275 auto and
teams property damage 2463519 total 1040530 60
17 Special reserve for unpaid liability and workmens com
pensation losses 510585 33
20 Total unpaid claims 1551115 93
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 4613
96732 unearned premiums fifty per cent 2306083 69
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 1
31410935 unearned premiums pro rata 98404375
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 1125861 health 5
74837 liability 5037272 workmens compensation
833214 fidelity 1658900 surety 3947587 plate
glass 1008585 burglary and theft 1170122 auto
and teams property damage 730663 workmens col
lective 3707 total 160907 48
34 Salaries rents expenses bills accounts fees etc due or
accrued 20000 00
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 100000 00
39 Return premiums 126456 70
40 Reinsurance 33845 76
41 Advance premiums one hundred per cent 289990 57
43 Reserve for liquidation claims American Bonding Co re
ported prior May 31 1913 309144 57
44 Reserve for liquidation American Bonding Co 100000 00
45 Reserve for liquidation Philadelphia Cas Co 70000 04
51 Total amount of all liabilities except capital 6052488 45ComptrollerGenerals Report 921
52 Capital actually paid up in cash 3000000 00
53 Surplus over all liabilities 2188779 59
54 Surplus as regards policyholders 5188779 59
55 Total liabilities 11241268 04
Business in The State of Georgia During The Year
Gross premiums less return premium on risks written or re
newed during the year Accident 349144 health 1
92350 liability 1202142 fidelity 2452987 surety
2059082 plate glass 72416 burglary and theft 1
57194 auto and teams property damage 138318
total 66236 33
Gross losses paid Accident 38200 health 207376 lia
bility 291760 fidelity 2103733 surety 1963273
plate glass 16965 burglary and theft 23950 auto
and teams property damage 8460 total 46537 17
FRANKFORT GENERAL INSURANCE COMPANY OF NEW YORK
Home Office 123 Williams St New York City N Y
C H Franklin United States Manager and Attorney
Thomas I Lynch Ins Agey Attorney for Service in Ga
LCapital Stock
1 Amount of capital paid up in cash
250000 00
2 Amount of ledger assets as per balance December 31
of previous year 1548859 66
IIIncome
1 Gross premiums written and renewed during the jear
Accident and health 16568946 liability 759
38339 workmens compensation 23571648 burglary
and theft 4494010 auto and teams prop dam 20
78524 workmens collective 3453349 total 1351148 16
2 Deduct reinsurance Accident and health
156804 liability 136804 work
mens compensation 1254 burglary
and theft 848503 22404 41922
ComptbolleeGexebals Kepoet
3 Deduct return premiums on policies can
celled Accident and health 249208
liability 5183739 workmens compen
sation 968231 burglary and theft
214269 auto and teams prop dam
159795 total
4 Deduct premium on policies not taken
Accident and health 2506625 liab
ility 6031666 workmens compensa
tion 315329 burglary and theft
736940 auto and teams prop dam
270820 workmens collective 15000
67752 42
12670 so
5 Total deductions Accident and health 4009713
liability 11352209 workmens compensation 40
84814 burglary and theft 1799712 auto and teams
prop dam 430615 workmens collective 15000
216920 63
6 Net premiums Accident and health 12559233 liability
64586130 workmens compensation 284968 34
burglary and theft 2694298 auto and teams pro
dam 1647909 workmens collective 343S349 1134227 53
21 Policy fees required or represented by applications 17116 86
25 Gross interest on bonds and dividends on stocks 47663 42
26 Gross interest on deposits in trust companies and banks 1157 32
32 From other sources Eemittance from home office 60000 00
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 13 9
40 Total income 1260177 08
IIIDisbursements
1 Gross amount paid for losses Accident and health
6022251 liability 59637923 workmens compsn
8425527 burglary and theft 1330953 auto and
teams property damage 331341 workmens collective
1480791 total
2 Deduct reinsurance Accident and health
668654 burglary and theft 241076 9097 30
3 Deduct salvage Burglary and theft 159 58
4 Total deduction Accident and health 668654 burg
lary and theft 257034 total
86
9240 88ComptrollerGenerals Report
923

5 Net amount paid policyholders for losses Accident and
health 5353597 liability 59637923 workmens
compensation 8425527 burglary and theft 10
73919 auto and teams property damage 330341
workmens collective 1480791 total 763020 98
18 Investigation and adjustment of claims viz Accident
and health 645243 liability 7964918 workmens
compensation 2313332 109234 93
21 Burglary and theft 2093 32
22 Workmens collective 3822 77
23 Policy fees retained by agents 17116 86
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health 4646964 liability
15773606 workmens compensation 4290900 247114 70
27 Burglary and theft f081 51
28 Auto and teams property damage 368395 workmens
collective 867008 12354 03
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 55966 62
30 Salaries traveling and all other expenses of agents not
paid by commissions 31626 04
32 Inspection other than medical and claim 17607 04
33 Rents 1 98
36 State taxes on premiums 17614 58
37 Insurance department licenses and fees 4181 27
38 All other licenses fees and taxes Personal property
taxes 56944 municipal license and fees 31170 881 14
43 Legal expenses 81 46
44 Advertising 2934 51
45 Printing and stationery 10803 80
46 Postage telegraph telephone and express 6149 72
47 Furniture and fixtures 1 345 1
49 Other disbursements Kemittance to home office 2
82121 miscellaneous expenses 1160332 assessments
workmens compensation reinsurance and inspection
bureau 274870 total 17173 23
55 Gross loss on sale or maturity of ledger assets viz
Bonds 61 7r
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds 1 59
57 Total disbursements 1339502 92
IVLedger Assets
4 Book value of bonds 1264810 06
5 Cash in companys offiee 1300 00924
ComPTROLLERGtENERALs REPORT
6 Deposit in trust companies and banks not on interest 6373 31
7 Deposits in trust companies and banks on interest 10167 83
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident and health 9
53753 liability 10816086 workmens
compensation 4277512 burglary and
theft 448322 auto and teams prop
dam 315857 workmens collective
543616 total 172551 46
On policies or renewals issued prior to Oct
1 1913 Accident and health 14678
liability 504760 workmens compen
sation 235676 burglary and theft
27912 auto and teams prop dam
1167 total 781 S 59
20 Total
28 Cash in hands of trustees
180370 05
6512 57
31
33
35
42
Ledger assets 1469533 S2
NonLedger Assets
Interest accrued on bonds 13798 75
Interest accrued on other assets Accrued
interest on bank deposits 55 39
Equity in assessments paid workman s
compensative reinsurance and inspec
tion bureau 4509 81
44 Gross assets
Deduct Assets Not Admitted
1487597 77
50 Premiums in course of collection written
prior to Oct 1 1913 7818 59
52 Book value of ledger assets over market
value viz Bonds 1 15215 06
56 Total
123033 65
Admitted assets l 364S64 12
VLiabilities

Losses and claims adjusted Accident and health
Losses and claims reported or in process of adjustment
accident ind health 1326200 burglary and theft
164825 auto and team property damage 142500
workmens collective 465975 total
1534 25
20995 00ComptrollerGeneral s Report
925
4 Losses and claims resisted Accident and health 18
12125 burglary and theft 242250 marine 3
00000 total
4 Total losses and claims Accident and health 32
91750 burglary and theft 407075 marine 3
00000 auto and teams property damage 142500
workmen s collective 465975 total
6 Deduct reinsurance Accident and health 485925
burglary and theft 119700 total
23543 75
46065 5
6056 25
7 Net unpaid claims except liability claims Accident and
health 2805825 burglary and theft 2873 75
marine 300000 auto and teams property damage
1425 00 workmens collective 465975 total 40016 75
17 Special reserve for unpaid liability and workmen s com
pensation losses 408852 50
20 Total unpaid claims 448868 75
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health 147675 burg
lary and theft 15125 auto and teams property
damage 7500 workmens collective 24525 total 1948 25
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
74350534 unearned premiums fifty per cent 371752 67
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
5842609 unearned premiums pro rata 26873 86
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident and health 3
53851 liability 2697076 workmens compensation
657535 burglary and theft 135457 auto and
teams property damage 71887 workmens collective
91111 total 40069 17
34 Salaries rents expenses bills accounts fees etc due
or accrued 1500 00
35 Estimated amount hereafter payable for federal state
and other taxes Based upon the business of the year
of this statement 15000 00
41 Advance premiums one hundred per cent 5606 07
51 Total amount of all liabilities except capital 911618 77926 ComptrollerGenerals Report
52 Capital actually paid up in cash 250000 00
53 Surplus over all liabilities 20324 35
54 Surplus as regards policyholders 453245 35
55 Total liabilities 1364864 12
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 46000
Liability 125072 burglary and theft 4125 auto
and teams property damage 9925 total 1851 22
Gross losses paid Accident and health 2614 liability
26639 total 292 53
THE GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORA
TION LIMITED
Head Office for the United States 55 John Street New York
C NorisMiller Manager for the United States
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31st of previous year 3021615 42
Extended at 3021615 42
IIIncome
1 Cross premiums written and renewed during the year Ac
cident 128523002 health 42978534 liability 2
75767277 workmens compensation 57528121 bur
glary and theft 19754837 automobile and teams prop
erty damage 46359816 total 5709115 87
2 Deduct reinsurance Accident 4635891
health 1592678 liability 2234835
workmens compensation 27771 bur
glary and theft 1467861 total 99590 36
3 Deduct return premiums on policies can
celled Accident 604639 health 2
71205 liability 19755847 work
mens compensation 398287 burglary
and theft 1145433 automobile and
teams property damage 5241983
total 274173 94ComptrollerGenerals Report
927
4 Deduct premiums on policies not taken Ac
cident 15484763 health 5704695
liability 78921894 workmens com
pensation 13954600 burglary and
theft 5785644 automobile and teams
property damage 13970403 total 1338219 99
5 Total deductions Accident 20725293 health 7568578
liability 100912576 workmens compensation 143
80658 burglary and theft 8398938 automobile and
teams property damage 19212386 total 1711984 29
i Net premiums Accident 107797709 health 354
09956 liability 174854701 workmens compensa
tion 43147463 burglary and theft 11355899 au
tomobile and teams property damage 27147430 total 3997131 58
21 Policy fees required or represented by applications 129369 00
23 Gross interest on mortgage loans 1141 25
25 Gross interest on bonds and dividends on
stocks less 461884 accrued interest on
bonds acquired during 1913 67292 96
26 Gross interest on deposits in trust companies
and banks 1176 45
28 Accounts receivable 94 85
30 Gross rents Trom companys property in
eluding 175000 for companys occu
pancy of its own buildings 16124 89
31 Total gross interest and rents 85830 40
33 Received from head office Perth Scotland for surplus etc 601913 60
34 Bonus for extension of Minneapolis St Louis R R 5 per
cent note 175 00
35 Proceeds from sale of subscription rights to 40 shares of
Penn E R stock 235 00
38 Gross profit on sale or maturity of ledger assets viz Bonds 1615 55
40 Total income 4816170 13
IIIDisbursements
1 Gross amount paid for losses Accident 48560402 health
21517833 liability 112696620 workmens com
pensation 10037351 burglary and theft 8534014
automobile and teams property damage 13275145
total 2146213 65
2 Deduct reinsurance Accident 2042263
health 680754 liability 1726976
workmens compensation 79630 bur928
ComptrollerGenerals Report
glary and theft 309072 automobile
and teams property damage 1185747
total 60244 42
3 Deduct salvage Liability 845556 bur
glary and theft 108025 automobile
and teams property damage 966199
total 19187 80
4 Total deduction Accident 2042263 health 680754
liability 2572532 workmens compensation 79630
burglary and theft 416097 automobile and teams
property damage 2151946 total
79432 22
5 Net amount paid policyholders for losses Accident 465
18139 health 20837079 liability 110124088
workmen s compensation 9957721 burglary and theft
8117917 automobile and teams property damage
11123199 total 2066781 43
18 Investigation and adjustment of claims viz Accident 21
29050 health 606838 liability 33170877 work
men s compensation 1156756 burglary and theft 8
08530 automobile and teams property damage 26
07024 total 404790 75
23 Policy fees retained by agents 129369 00
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 37058689 health 11592838 liability 517
58662 workmens compensation 13292508 burglary
and theft 3849450 automobile and teams property
damage 8091438 total 1256435 85
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 156599 23
30 Salaries traveling and all other expenses of agents not paid
by commissions 112361 96
31 Medical examiners fees and salaries 11828 55
32 Inspections other than medical and claim 4649 28
33 Rents including 175000 for companys occupancy of its
own buildings 31587 72
34 Repairs and expenses other than taxes on real estate 8453 38
35 Taxes on real estate 4014 07
36 State taxes on premiums 67707 42
37 Insurance department licenses and fees 11659 88
39 Federal corporation tax 3163 50
40 Pennsylvania State Tax on Securities 2495 04
43 Legal expenses 7054 95
44 Advertising 10714 53
45 Printing and stationery 54459 39
4li Postage telegraph telephone and express 30465 11CoMPTKOLliEKGrENERAIi s REPORT
929
17 Furniture and fixtures
50 Commission adjustment year 1912
i I nuvention expense
52 Eemittance to home office
53 Miscellaneous expense
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz Bonds
8370 46
7347 99
4693 62
25000 00
39490 49
16141 09
3071 25
Total disbursements
4521451 94
IVLedger Assets
1 Book value of real estate 3
2 Mortgage loans on real estate first liens
4 Book value of bonds 197984292 and stocks 86
54415 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 1913 Accident 11444044
health 2779271 liability 28106122
workmens compensation 9235592
burglary and theft 1509088 automo
bile and teams property damage 19
27994 total 550021 11
On policies or renewals issued prior to Oc
tober 1 1913 Accident 5291083
health 202275 liability 13339391
workmens compensation 1192700
burglary and theft 2535051 automo
bile and teams property damage 4
36837 total 229973 37
25 Total
26 Bills receivable
27 Other ledger assets viz Accounts receivable 45
agents balances secured 1815387 total
S744
31 Ledger assets
213160 58
19000 00
2066387 07
4444319
82364 11
42271 40
779994 48
5271 47
63441 31
3316333 61
NonLedger Assets
32 Interest due 33000 and accrued
33 Interest accrued on bonds
17 on mortgages
518 17
26035 41
44 Gross assets 3342907 19930 ComptrollerGenerals Report
Deduct Assets Not Admitted
46 Bills receivable 5271 47
50 Premiums in course of collection written
prior to October 1 1913 229973 37
52 Book value of ledger assets over market
value viz Bonds 11700792 stocks
2659415 real estate 3316058 ac
counts receivable 4528744 agents
balances secured 1815387 total 240203 96
Total 475448 80
57 Admitted assets 2867458 39
VLiabilities
1 Losses and claims adjusted Accident 594024 health
198008 burglary and theft 99185 automobile and
teams property damage 243100 total 11343 17
2 Losses and claims reported or in process of adjustment
Accident 18704011 health 2672217 burglary and
theft 1076277 automobile and teams property dam
age 2528000 total 259805 05
3 Losses and claims incurred but not reported Accident
1472879 health 890101 burglary and theft
19500 automobile and teams property damage 2
08600 total 25910 80
4 Losses and claims resisted Accident 1149260 health
474920 burglary and theft 132200 automobile and
teams property damage 659900 total 24162 80
5 Totals Accident 21920174 health 4235246 burglary
and theft 1327162 automobile and teams property
damage 4639600 total 321221 82
6 Deduct reinsurance Accident 4919309 health
67800 total 5087109
7 Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident 17000865 health 4067446
burglary and theft 1327162 automobile and teams
property damage 4639600 total 270350 73
17 Special renerve for unpaid liability and workmens compen
sation losses 563608 00
20 Total unpaid claims 833958 73COMPTROLLERGrENEEAL S REPORT
931
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 258372 health 116255
burglary and theft 90000 automobile and teams prop
erty damage 75000 total
26 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 259838415 un
earned premiums pro rata 1189830 19
27 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 15082195
unearned premiums pro rata 91347 25
5396 27
28 Total unearned premiums as shown by recapitulation 1281177 44
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 4254740 health 10
31110 liability 5683117 workmens compensation
1847118 burglary and theft 549308 automobile
and teams property damage 481998 total 138383 91
34 Salaries rents expenses bills accounts fees etc due or
accrued 31599 68
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 74989 68
41 Advance premiums one hundred per cent 23865 40
51 Total amount of all liabilities except capital 2389370 46
52 Capital actually paid up in cash 250000 00
53 Surplus over all liabilities 228087 93
54 Surplus as regards policyholders 478087 93
55 Total liabilities 2867458 39
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 3057935 health
1174321 liability 1726971 burglary and theft
26500 automobile and teams property damage 2
18482 total 62042 09
Gross losses paid Accident 2760044 health 666486
liability 806066 automobile and teams property dam
age 41623 total 42742 19932
ComptbollebGeneeals Eepobt
GEOEGIA LITE INSURANCE COMPANY MACON GEORGIA
W E Small President E P Armerine Secretary
Wm A Wright Ins Com Ga Attorney for Service
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 939143 28
IIIncome
1 Gross premiums written and renewed during the year
Accident 5071900 health 3716800 liability
37925400 fidelity 446300 surety 857300 plate
glass 1763000 steam boiler 47800 burglary and
theft 777900 auto and teams prop dam 6588900
workmens collective 1040500 totals
2 Deduct reinsurance Accident 260900
health 189200 liability 63900 fi
delity 3500 steam boiler 275500
burglary and theft 20900 total 8139 00
3 Deduct return premiums on policies can
celled Accident 271200 health 2
39600 liability 2963500 fidelity
4700 surety 35900 plate glass
55600 steam boiler 22000 burglary
and theft 29900 auto and teams prop
dam 599100 workmens collective
32300 total 42538 00
4 Premium on policies not taken Accident
1302700 health 1052900 liability
7291500 fidelity 29000 surety
206500 plate glass 255500 steam
boiler 17800 burglary and theft
117800 auto and teams prop dam
1596700 workmens collective
49600 total 119201 00
5 Total deduction Accident 18340O health 1181700
liability 10318900 fidelity 37200 surety 2
42400 plate glass 311100 steam boiler 315300
burglary ami theft 168600 auto and teams prop
dam 21958 00 workmen V collective 81900
582358 00
169878 00COMPTROLLERGrEN ERAL S REPORT
933

ii
27
32
Not premiums Accident 3237015 health 2235075
liability 27606570 fidelity 409115 surety 6
14876 plate glass 1451903 steam boiler 267467
burglary and theft 609250 auto and teams prop
dam 4393089 workmens collective 958557
Gross interest on mortgage loans
Gross interest on collateral loans
Gross interest on bonds and dividends on stocks less
10000 accrued interest on bonds acquired during 1913
Gross interest on deposits in trust companies and banks
Gross interest from all other sources Misc accounts
Gross rents from companys property including 2
95650 for companys occupancy of its own buildings
From other sources Income life department
412479 s
7635 56
68 78
6380 00
1950 86
256 85
37391 31
72821 38
40 Total income 1478126 S5
IIIDisbursements
1 Gross amount paid for losses Accident 2742915
health 1636373 liability 10163771 fidelity 4
40630 surety 258131 plate glass 591879 burg
lary and theft 441506 auto and teams property
damage 2110070 workmens collective 743260
2 Deduct reinsurance 129618 health 2
15777 total 3153 95
3 Deduct salvage Fidelity 120710 plate
glass 4016 burglary and theft
2000 auto and teams property dam
age 55728 total 182 5 I
i Total deduction Accident 129018 health 215777
Fidelity 120710 plate glass 4016 burglary and
theft 2000 auto and teams property damage
55728 total
5 Net amount paid policyholders for losses Accident
2613127 health 1420590 liability 101637 71
fidelity 319920 surety 258131 plate glass 5
8780 burglary and theft 439506 into and teams
property damage 2054342 workmens collective
743260 total
18 Investigation and adjustment of claims viz Accident
51885 bealth 13200 liability 2713799 fidelity
30650 Surely 99594 burglary and theft 52809
auto and teams property damage 48704 total
1912s 65
527849
186005 16
30106 41934
ComptrollerGenerals Report
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 1624344jhealth 1304790 liab
ility 6783871 fidelity 107702 surety 197860
plate glass 472795 steam boiler minus 75599
burglary and theft 191754 auto and teams prop
damage 1237375 workmens collective 228163
Salaries fees and all other compensation of officers direc
tors trustees and home office employees
Medical examiners fees and salaries
Rents including 295650 for companys occupancy of
its own bldgs
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 Municipal license ami
taxes
Legal expenses
Advertising
Printing and stationery
Postage telegraph telephone and express
Furniture and fixtures
Other disbursements Traveling expense 625139 gen
eral expense 600741 auditing pay roll reports
75360 disbursements life Dept 3738165 reserve
on sale of life business 7575843 total
Agents balances charged off
Error in agents balance life department Dec 31 1912
Gross loss on sale or maturity of ledger asseis viz
Storks
Total disbursements
1 VLedger Assets
Book value of veal estate
Mortgage loans on real estate
Loans secured by pledge of bonds stocks or other col
laterals
Book value of bonds 13268068 ami stocks 25000to
ash in company s office
Deposit in trust companies ami hanks not on interest
Deposits in trust companies and hanks on interest
Premiums in course of collection viz On
policies or renewals issueI on or after
Oct 1 191 Accident 793959 health
611015 liability 8847796 Bdelity
29
31
33
34
35
36
37
38
43
44
45
46
47
49
5 1
54
55
120730 55
38806 28
7til 71
2056 50
13942 a
5580 38
5046 12
2537 20
2528 13
3007 1 1
1007 75
4874 12
2850 36
11 1 67
126152 58
1314 56
345 16
105 00
556271 15
75000 01
117550 00
6000 00
157680 68
2354 10
3601 31
77685 p25
27
29
31
32
33
34
35
38
44
47
50
2
ComptbollekGenerals Report 935
56245 surety 67012 plate glass 4
35976 burglary and theft 211300
auto and teams prop dam 1145743
workmens collective 571885 total 127701 61
On policies or renewals issued prior to
Oct 1 1913 Accident 71735 health
38415 liability 68660 fidelity
i2750 surety 84282 plate glass
525 burglary and theft 6175
Auto and teams prop dam 4344 total 2768 86
Total 139478 47
Other ledger assets viz Agents balance 15312 63
Advance on contract bond secured 3701 11
Ledger assets 921855 70
NonLedger Assets
Interest due 6600 and accrued 177113
on mortgages 1837 13
Interest due on bonds 225 00
Interest on collateral loans 287 50
Interest accrued on other assets 928 79
Rents due on companys property or lease 2220 33
Total 5498 75
Gross assets 927354 45
Deduct Assets Not Admitted
Agents balances 15312 63
Premiums in course of collection written
prior to Oct 1 1913 r 2708 86
Book value of ledger assets over market
value viz Bank 4785 68
Total 22867 1 7
Admitted assets 904487 28
VLiabilities
Losses and claims adjusted Accident 63400 health
45200 plate glass 22100 burglary and theft
2000 auto and teams property damage 28000
total 1607 00
Losses and claims reported or in process of adjustment936
ComptrollerGeneral s Report
Accident 338600 plate glass 73600 burglary and
theft 68500 auto and teams property damage
551800 workmens collective 30000 fcotaJ 13387 00
I Losses and1 claims resisted 400000 health 60000
surety 100000 auto aud teams property damage
208500 totals 7685 00
Total losses and claims Accident 739600 health 4
43800 surety 100000 plate glass 95700 burg
lary and theft 70500 auto and teams property dam
age 788300 workmens collective 30000 total
Deduct reinsurance Accident 15600 health 32500
total
7 Net unpaid claims except liability and workmens comp
claims Accident 723944 health 411304 surety
100000 plate glass 95744 burglary and theft
70500 auto and teams property damage 788300
workmens collective 30000 total
17 Special reserve for unpaid liability and workmens com
pensation losses
20 Total unpaid claims
21 Estimated expenses of investigation ami adjustment of
unpaid claims Accident 25000 health 15000
20 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
29944531 unearned premiums fifty per cent 149
72265
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
268868 unearned premiums pro rata 239190
29 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after Oct 1 1913 viz Accident 297750 health
240375 liability 2211500 fidelity 15455 surety
18425 plate glass 152600 burglary and theft
65503 auto and teams property damage 320796
workmens collective 14 11 2 total
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
40 Reinsurance
43 Accounts payable
44 State and county tax
15 Commuted commission life premium
22679 00
481 00
22107 92
93450 00
115047 92
400 00
1 I722 05
2391 90
34658 16
2500 00
447 15
300 00
3344 63
2500 00
51 Total amount of all liabilities except capital

311912 IIComptrollerGenerals Report
937
52 Capital actually paid up in cash 500900 00
53 Surplus over all liabilities 91674 87
54 Surplus as regards policy holders 592574 S7
55 Total liabilities 904487 28
Business in the State of Georgia During the Year
Gross premiums less return premium cu risks written or
renewed during the year Accident 1911010 health
15472 77 liability 3352S07 fidelity 152759
surety 405545 plate glass 212883 burglary and
theft 133820 auto and teams property damage 5
87696 workmens collective 21567 total 83553 94
Gross losses paid Accident 2082423 health 10
2S567 liability 1659424 fidelity 240385 surety
180569 plate glass 103639 burglary and theft
204735 auto and teams property damage 3
16793 workmens collective 1400 total 58179 35
GLOBE INDEMNITY COMPANY
Home Office 45 William St New York N Y
Henry W Eaton President A Duncan Reid 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
2821136 39
IIIncome
Gross premiums written and renewed during the year Acci
dent 25283316 health 9741853 liability 1972
31844 workmens compensation i1205394 fidelity
8828305 surety 29912087 plate glass 13818985
steam boiler 11545729 burglary and theft 310
37313 fly wheel 1402848 auto and teams property
damage 35756412 workmens collective 507276
total 4262713 62938
ComptrollebGenbbal s Repobt
2 Deduct reinsurance Accident 3208129
health 915404 liability 2371397
workmens compensation 589837
fidelity 591120 surety 4390251
plate glass 807 steam boiler 3
61151 burglary and theft 4910281
fly wheel 45804 auto and teams prop
erty damage 2490 total 173866 71
3 Deduct return premiums on policies can
celled Accident 629435 health 2
38386 liability 2371397 workmens
compensation 5139223 fidelity 4
75285 surety 1117147 plate glass
644214 steam boiler 1154920 bur
glary and theft 1819471 fly wheel
56991 auto and teams property damage
3745604 workmen s collective 80818
total 385218 32
4 Deduct premiums on policies not taken Ac
cident 3973117 health 1827100
liability 356443 workmens compen
sation 10649682 fidelity 605062
surety 1222024 plate glass 21
37663 steam boiler 2531636 bur
glary and theft 5760360 fly wheel
241200 auto and teams property dam
age 6946001 workmens collective
52450 total 715906 54
Total deductions Accident 7810681 health 2980890
liability 61436094 workmens compensation 163
78742 fidelity 1671467 surety 6729422 plate
glass 2782684 steam boiler 4047707 burglary and
theft 12490112 fly wheel 343995 auto and teams
property damage 10694095 workmens collective
133268 total
1274991
Xet premiums Accident 17472635 health 0760963
liability 135795750 workmens compensation 448
26652 fidelity 7156838 surety 23182665 plate
glass 11036301 steam boiler 7498022 burglary ami
theft 18547201 fly wheel 1058853 auto and teams
property damage 25062317 workmens collective 3
74008 total js
2987722 05
5 Gross interest on bonds ami ilivilcnis less
446417 accrued interest on bends ac
quired during 1913
94570 83CoMPTBOLLEEGrENEBAIi s E EPORT
939
26 Gross interest on deposits in trust compa
nies and banks 7312 27
31 Total gross interest and rents 101913 10
38 Gross profit on sale or maturity of ledger assets viz Bonds 729 84
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds 744 06
40 Total income 3091109 05
IIIDisbursements
Gross amount paid for losses Accident 6689335
health 2537827 liability 56849257 workmens
compensation 10619339 fidelity 1414549 surety
1612204 plate glass 4238190 steam boiler 1
80415 burglary and theft 7980250 auto and teams
property damages 10283163 workmens collective 1
52072 total 1025566 01
Deduct reinsurance Accident 2241722
health 542999 liability 105100
surety 732011 plate glass 1141
burglary and theft 1847107 total 54700 80
Deduct salvage Liability 83050 fidelity
89196 plate glass 20786 burglary
and theft 47995 auto and teams prop
erty damage 15500 total 2565 27
4 Total deduction Accident 2241722 health 542999
liability 188150 fidelity 89196 surety 732011
plate glass 21927 burglary and theft 1895102
auto and teams property damage 15500 total
57266 07
5 Net amount paid policyholders for losses Accident 44
47613 health 1994828 liability 56661107 work
mens compensation 10619339 fidelity 1325353
surety 880193 plate glass 4216260 steam boiler
180415 burglary and theft 6085148 auto and teams
property damage li2f76 workmens collective 1
52072 total 968299 94
18 Investigation and adjustment of claims viz Accident 2
25324 health 53302 liability 16063377 work
mens compensation 3249814 fidelity 116681
surety 34744 plate glass 3H054 steam boiler
16810 burglary and theft 597866 auto and teams
property damage 1887734 workmens collective
3995 total 222877 01940
CoMPTROLLERG ENEBALs REPORT
21 Commissions or brokerage loss amount received on return
premiums and reinsurance for the following classes
Accident 5101169 health 2000404 liability 335
15007 workmens compensation 5776418 fidelity
1080033 surety 5357364 plate glass 3590751
steam boiler 1855073 burglary and theft 4580733
fly wheel 300393 auto and teams property damage
5561638 workmens collective 56548 total 693850 31
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 207955 93
30 Salaries traveling and all other expenses of agents not
paid by commissions 165953 91
32 Inspection other than medical and claim 72997 97
33 Rents 14123 30
36 State taxes on premiums 32562 29
37 Insurance department licenses and fees 6758 03
40 County and city taxes 5515 59
41 Miscellaneous taxes and fees 1974 50
43 Legal expenses 2667 10
44 Advertising 4719 60
45 Printing and stationery 31817 18
46 Postage telegraph telephone and express 15817 95
47 Furniture and fixtures 16784 16
50 Auditors fees 262500 exchange 29951 bureau sub
scriptions 660463 total 9529 14
51 Surety bonds 108844 ice and water 75337 employees
meals 239463 total 4236 41
52 Insurance 103892 mercantile reports 129170 publi
cations 22713 total 2557 75
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 2560 74
57 Total disbursements 2485703 87
IVLedger Assets
4 Book value of bonds 173780222 and stoeksf 67865900
total 2416461 22
5 Cash in companys office 399059 73
8 Premiums in course of collection viz Acci
dent 3351346 health 1477715 lia
bility 21501678 workmens compen
sation 9216494 fidelity 1050713
surety 5226788 plate glass 20
18864 steam boiler 1408223 bur
glary and theft 4240040 fly wheel
88147 auto and teams properly dam
age 3272135 workmens collective
67191 total 52 123 3 1ComptrollerGenerals Report 941
in policies or renewals issued prior to Oc
tober 1 1913 Accident 280928
health 90571 liability 3022231
workmens compensation 1474213
fidelity 136615 surety 579057
plate glass 86365 steam boiler
79198 burglary and theft 231985
fly wheel 4500 auto and teams prop
erty damage 349243 workmens col
lective 4375 total 63392 81
25 Total 592516 15
28 Agents balances 11840 49
29 Workmen s compensation reinsurance 6663 98
31 Ledger assets 3426541 57
NonLedger Assets
33 Interest accrued on bonds 24664 16
I Cross assets 3451205 73
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 63392 81
53 Bonds and stocks 115551 22
54 Agents balances 11840 49
56 Total 190784 52
57 Admitted assets 3260421 21
VLiabilities
1 Losses and claims adjusted Accident 21160 health
41602 plate glass 12535 burglary and theft 7700
total 829 97
2 Losses and claims reported or in process of adjustment
Accident 1866750 health 311250 fidelity 8
40183 surety 975000 plate glass 354838 steam
boiler 10000 burglary and theft 2084250 fly wheel
30000 auto and teams property damage 1278500
workmens collective 27000 total 77777 71
3 Losses and claims incurred but not reported Accident
64000 health 50000 plate lass 39000 burglary
and theft 19500 auto and teams property damage
291500 total 4640 09942
COMPTKOLiiEKGrENEKAL s REPORT
4 Losses and cl ted Acc 175000 surety
1500000 burglary and theft 100000 auto and
teams property damage 347500 totals
Total losses ami elaims Accident 3525910 health 4
02852 fidelity 84083 plate glass 406382 steam
boiler 10000 burglary and theft 2271450 fly wheel
30000 auto and teams property damage 1917500
workmens collective 270 total
Deduct reinsurance Accident 244025 health 54000
burglary and theft 208233 total
35825 00
19072 7
5068 58
7 Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident 3282285 health 348852
fidelity 840183 surety 2475000 plate glass 4
06382 steam boiler 10000 burglary and theft 20
63217 fly wheel 30000 auto and teams property
damage 1917500 workmens collective 27000 total 114004 19
17 Special reserve for unpaid liability and workmen s com
pensation 213124 66
20 Total unpaid claims 32712s v
21 Estimated expenses of investigation and adjustment of un
paid claims Accident 150000 health 25000 fidel
ity 201ill surety 45000 plate glass 10000 bur
glary and theft 100000 auto and teams property dam
age 350000 total 7065 00
20 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 2
40226144 unearned premiums fifty per cent 1201130 71
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 284
53960 unearned premiums pro rata 188135 4
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 1091533 health
475825 liability 4880883 workmens compensa
tion 1560804 fidelity 275853 Surety 1158274
plate lass 263316 steam boiler 339804 burglary
and theft 1147779 fly wheel 21411 auto and
tms property damage 735576 workmens collective
12571 total 126695 89
34 Salaries rents expenses bills accounts fees due or accrued 8000 00ComptrollerGenerals Eeport 943
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 42000 00
43 Voluntary reserve for claims and contingencies 100000 00
51 Total amount of all liabilities except capital 2004234 74
52 Capital actually paid up in cash 750000 00
53 Surplus over all liabilities 506186 27
54 Surplus as regards policyholders 1256186 27
55 Total liabilities 3260421 21
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident Cr 1751 liabil
ity 243254 fidelity 3550 surety 11250 burglary
and theft 1567 auto and teams property damage
10710 total 2685 80
Gross losses paid Accident 6237 liability 164867
auto and teams property damage 3518 total 1746 22
GREAT EASTERN CASUALTY COMPANY
Louis W Fabel President Thomas W Darling Secretary
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 884461 39
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 67134367 health 28619672 plate glass
12204436 burglary and theft 20324558 work
men s collective 333298 total 286163 24
2 Deduct reinsurance Accident 24510 09
health 53000 plate glass 16066 bur
glary and theft 1619961 total 41400 36
3 Deduct return premiums on policies can
celled Accident 1293704 health 9
17208 plate glass 507910 burglary
and theft 576725 total 27955 47944
CoMPTROLLERGrENEEAL s REPORT
4 Premium on policies not taken Accident
8876225 health 4648938 plate
glass 3411567 burglary and theft
5415233 total
223519 63
5 Total deductions Accident 12620938 health 5119041
plate glass 3935543 burglary and theft 7611919
total
292875 41
6 Net premiums Accident 54513429 health 23500526
plate glass 8268893 burglary and theft 12712639
workmen s collective 333291 total 993287 78
21 Policy fees required or represented by applications 14645 00
23 Gross interest on mortgage loans 9072 61
25 Gross interest on bonds and dividends on stocks less 71280
accrued interest on bonds acquired during 1913 19887 20
26 Gross interest on deposits in trust companies and banks 1189 36
38 Gross profit on sale or maturity of ledger assets viz Bonds 244 50
40 Total income 1038326 45
111Disbursements
1 Gross amount paid for losses Accident 18291072 health
8307677 plate glass 4093589 burglary and theft
4139380 workmens collective 69406 total
2 Deduct reinsurance Accident 924986
health 3392 plate glass 7870 bur
glary and theft 561642 total 14978 90
3 Deduct salvage Plate glass 926691 bur
glary and theft 83225 total 9399 16
4 Total deduction Accident 924986 health 3392 plate
glass 931561 burglary and theft 574867 total
5 Net amount paid policyholders for losses Accident 173
66086 health 8304285 plate glass 3159025 bur
glary and theft 3564515 workmens collective
69406 total
18 Investigation and adjustment of claims viz Accident 5
84129 health 71384 burglary and theft 320603
workmens collective 1700 total
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 25397472 health 9627949 plate glass
2715761 burglary and theft 3283194 workmens
collective 12328 total
349011 24
24378 06
124633 is
9868 16
14645 00
410367 04CoMPTROLLERGrENERAL s BepORT
945
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not paid
by commissions
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends
50 General expense
51 Journal subscription
52 Traveling expense
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz Bonds
57 Total disbursements
81367 OS
8451 24
1000 00
1456 40
8000 00
12124 43
4325 96
195 19
455 95
2232 37
11909 61
6313 72
2398 67
20000 00
4620 56
253 75
5646 91
3051 96
2412 25
939530 33
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds 50767324 and stocks 5445000
total
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 Premiums in course of collection viz Acci
dent 438644 health 280579 plate
glass 260771 burglary and theft 2
73385 total 12 533 79
On policies or renewals issued prior to Oc
tober 1 1913 Accident 3991906
health 3981427 plate glass 13
11786 burglary and theft 2861673
total 121167 92
204500 00
562083 24
500 00
908 66
81061 Oil
25 Total
134201 71
U Ledger assets
983257 51946 ComptrollerGenerals Report
NonLedger Assets
32 Interest accrued on mortgages
33 Interest on bonds
35 Interest on bank balances
44 Gross assets
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 12533 70
53 Bonds 34623 24
54 Stocks 6210 00
55 Total
57 Admitted assets 8
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 3970045 health 1136043 plate glass 2
30686 burglary and theft 2026916 totalS
3 Losses and claims incurred but not reported Accident
261922 healthy 159423 plate glass 51419 bur
glary and theft 31000 total
4 Losses and claims resisted Accident 765416 burglary
and theft 221000 total
5 Total losses and claims Accident 4997383 health 12
95466 plate glass 288105 burglary and theft 2
21000 total
6 Deduct reinsurance Accident 306253 burglary and
theft 697884 total
7 Net unpaid claims except liability and workmens com
pensation claims excluding expenses of investigation
and adjustment Accident 4691130 health 12
95466 plate glass 288105 burglary and theft 15
S1032 total
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 79431141
unearned premiums fifty per cent
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 36
41248 unearned premiums pro rata
3023 12
4670 82
118 36
591069 81
53367 03
937702 78
73696 90
5037 64
9864 16
88598 70
1004637
78557 33
397158 22
19753 88ComptrollerGenerals Repot 947
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident 1619968 health
1578998 plate glass 458134 burglary and theft
824162 total
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
40 Reinsurance
41 Advance premiums one hundred per cent
55 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 1180867 health
337783 burglary and theft 10236 total 15288 86
Gross losses paid Accident 78892 health 84483 total 1633 75
44812 62
1550 14
14531 24
6351 47
2459 45
565174 35
THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE
COMPANY OF HARTFORD CONN
Lyman B Brainerd President Chas S Blake Secretary
Home Office 56 Prospect Street Hartford Connecticut
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
Dee 31 of previous year g j72 422 22
Extended at
5372422 22
Income
1 Gross premiums written and renewed during the year
Steam boiler 172734813 fly wheel 7480000 1802148 17
2 Deduct reinsurance Steam boiler 6
17637 fly wheel 14093 total 6317 30948
ComptrollerGenerals Report
i
Deduct return premiums on policies can
celled Steam boiler 9531716 Hy
wheel 571502 total 101032 18
Deduct premiums on policies not taken
Steam boiler 11760283 fly wheel
449144 total 122094 27
Total deductions Steam boiler 21909636 fly wheel
1034739 total
22943 75
22
23
25
26
28
30
31
38
Net premiums Steam boiler 150825177 fly wheel
6445265 total
Inspections
Gross interest on mortgage loans less 131268 accrued
interest on mortgages acquired during 1913
Gross interest on bonds and dividends on stocks less
224155 accrued interest on bonds acquired during
1913
Gross interest on deposits in trust companies and banks
From delinquent premiums
Gross rents from companys property including 11
00000 for companys occupancy of its own buildings
Total gross interest and rents
Gross profit on sale or maturity of ledger assets viz
Bonds 4000 stocks 70700 total
1572704 42
41450 88
60049 20
159935 7 7
2823 25
73 52
15137 92
238019 66
747 00
40 Total income 1852921 96
ITTDisbursements
5 Net amount paid polieyholders for Losses Steam boiler
18478325 flywheel 2338037 total
18 Investigation and adjustment of claims viz Steam
boiler
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Steam boiler 21393446 fly wheel 936733
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
32 Inspections other than medical and claim
Bents including 1100000 for companys occupancy of
its own buildings
34 Repairs and expenses other than taxes on real estate
5 Taxes on real estate
36 State taxes on premiums
37 Insurance departmenl licenses and fees
208163 62
769 93
223301 79
7 IH tit
304750 71
552060 37
11000 00
6512 28
3225 00
23304 06
9245 16ComptrollerGeneral s Report
949
39 Federal corporation tax
In State of Connecticut corporal ion tax
41 Municipal taxes
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends
50 Exchange
51 Office expenses
55 Gross loss on sale or maturity of ledger assets viz
Bonds
2143 59
24837 50
2019 41
1198 52
1012 19
21814 32
21140 92
5555 14
120000 00
703 17
879 69
611 26
57 Total disbursements
1617653 12
IVLedger Assets
1 Book value of real estate 90300 00
2 Mortgage loans on real estate 1199345 00
4 Book value of bonds 301961020 and stocks 644
92286 total 3664533 06
2045 47
216514 96
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
Oct 1 1913 steam boiler 27880348
fly wheel 888616 total
On policies or renewals issued prior to
Oct 1 1913 Steam boiler 12137167
fly wheel 310135 totals
287689 64
124473 02
25 Total
28 fash in course of transmission
412162 66
22789 91
31 Ledger assets 5607691 06
NonLedger Assets
32 Interest on mortgages
33 Interest accrued on bonds
35187 80
42216 91
Total
77404 77
44 Oross assets 5685095 S3950

ComptrollerGenerals Report
Deduct Assets No Admitted
50 Premiums in course of collection prior
to October 1 1913
53 Bonds and slocks
124473 02
148127 26
55 Total
272001 28
57 Admitted assets 5412495 55
VLiabilities
1 Losses and claims reported or in process of adjustment
Steam boiler 3974028 fly wheel 225000 total 41900 28
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
11659851 unearned premiums fifty per cent 58290 25
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
223633971 unearned premiums pro rata 2254720 39
20 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after October 1 1913 viz Steam boiler 55
76000 fly wheel 17772 total 57537 92
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 25000 00
51 Total amount of all liabilities except capital 2439986 1
52 Capital actually paid up in cash 11110COO 00
5 Surplus over all liabilities 1072509 40
5 1 Surplus as regards policy holders 2972509 40
55 Total liabilities 5112105 55
Business in the Slate of Georgia Paring the tear
Cross premiums less return premiums on risks written or
renewed during the year Steam boiler 2202355 fly
wheel 93695 total 22960 50
Gross losses paid Steam boiler 837 J9ComptjbollekGenebali s Repobj
951
INTBESTATE CASUALTY COMPANY
Home Office Birmingham Ala
Henry B Gray President H M Archibald Jr Secretary
Wm A Wright Attorney for Service
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
572747 HO
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 851191 health 573748 liability 185
93543 fidelity 729094 surety 3566517 plate
glass 644796 burglary and theft 202937 auto
and teams property damage 855689 workmens col
lective 4327126 total
2 Deduct reinsurance Accident 33334
health 22681 liability 84753 fidel
ity 7500 surety 93796 total 2420 64
3 Deduct return premiums on policies can
celled Accident 94957 health
74995 liability 1404931 fidelity
49102 surety 250236 plate glass
54231 burglary and theft 21073
auto and teams property damage 2
55512 workmens collective 713199
total 29182
4 Premiums on policies not taken Accident
145309 health 99057 liability 41
75828 fidelity 85720 Surety 4
95005 plate glass 99450 burglary
and theft 13162 auto and teams prop
erty damage 74635 workmens collec
tive 313800 total 55019 00
Total deductions Accident 273600 health 196733
liability 5665512 fidelity 142322 surety 839037
plate glass 143681 burglary and theft 34235 auto
and teams property damage 330147 workmens col
lective 1026999 total
303446 41
86622 o952 ComptrollerGenerates Report
6 Net premiums Accident 577591 health 377015 lia
bility 12928031 fidelity 586772 surety 2727480
plate glass 491115 burglary and theft 168702
auto and teams property damage 525542 workmens
collective 3300127 total 216823 75
28 Gross interest on mortgage loans 3109 11
25 Gross interest on bonds and dividends on
stocks 13660 14
26 Gross interest on deposits in trust compa
nies and banks 373 00
27 Gross interest from all other sources 1 42
30 Gross rents from companys property 6000 00
31 Total gross interest and rents 23261
33 Increase in guaranteed accounts 65 66
34 Cash from Industrial Ins Co 3202 75
40 Total income 243353 83
IIIDisbursements
1 Gross amount paid for losses Accident 495866 health
148736 liability 5760632 fidelity 5600 surety
1098575 plate glass 202596 burglary and theft
24550 auto and teams property damage 448526
workmens collective 2083579 total
18 Investigation and adjustment of claims viz Liability
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 187754 health 125445 liability 28
51753 fidelity 133674 surety 528148 burglary
and theft 47177 auto and teams property damage
140697 workmens collective 709241 total
29 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
33 Bents
34 Bepairs and expenses other than taxes on real estate
36 State taxes on premiums
37 Insurance department licenses and tees
40 City license and taxes
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone ami express
102686 4i
1350 94
48741 94
22633 91
2496 82
400 00
670 60
1677 50
315 77
2706 85
1010 00
1093 87
2635 mi
968 25
2451 65
1650 85
ComptrollerGenerals Report
17 Furniture and fixtures
50 Actuarys inspection
51 Directors meetings
2 Sundry expenses
54 Agents balances chargedoff
7 Total disbursements
4615 15
1299 8i
161 47
114391
187 71
200907 42
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 collaterals
4 Book value of bonds
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 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 65600
health 36300 liability 2738007
fidelity 107270 surety 556944
plate glass 145231 burglary and
theft 26366 auto and teams property
damage 115709 workmens collective
650033 total
On policies or renewals issued prior to Oc
tober 1 1913 Acident 66200 health
29016 liability 896905 fidelity
18082 surety 331643 plate glass
53187 burglary and theft 6191 auto
and teams property damage 6660 work
mens collective 197973 total
44414 66
16058
25 Total
26 Bills receivable
28 Guaranteed accounts
29 Advance to agents
30 Accrued interest overdue
31 Ledger assets
NonLedger Assets
32 Interest accrued on mortgages
33 Interest accrued on bonds
34 Interest accrued on collateral loans
35 Interest accrued on other assets
145000 00
57893 06
1980 00
280775 00
257 41
1240 04
36413 1 1
60473 23
1630 36
28317 20
314 60
900 00
615194 01
707 84
1937 91
391 71
40 15
44 Gross assets
618171 62
954 ComptrollerGenerals Report
Deduci Assets No Admitted
45 Company s loan 1980 00
46 Bills receivable 1630 35
50 Premiums in course of collection written
prior to October 1 1913 16058 57
Guaranteed accounts 28317 20
54 Advance to agents 314 60
55 Accrued interest overdue 900 00
56 Total 49200 73
57 Admitted assets 568970 89
VLiabilities
2 Lossesj and claims reported or in process of adjustment
Accident 12500 health 25000 fidelity 100000
surety 003000 plate glass 42500 auto and teams
property damage 25000 workmens collective 6
25000 total 14330 00
17 Special reserve for unpaid liability and workmens com
pensation losses 142800 75
20 Total unpaid claims 157136 75
20 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 121
13201 unearned premiums fifty per cent 60565 00
27 Gross premiums less reinsurance upon all unexpired risk
running more than one year from date of policy 1575
unearned premiums pro rata 9110
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 22963 health 12706
liability 084501 fidelity 32181 surely 167083
plate glass 50850 burglary and theft 7909 auto
and teams property damage 28927 workmens collec
tive 162508 total 11696 08
34 Salaries rents expenses bills accounts fees etc due or
accrued 218 29
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 3078 97
51 Total amount of all liabilities except capital 232790 IsComptrollerGeneral Report
955
52 Capital actually paid up in cash 300000 00
53 Surplus over all liabilities 36180 71
54 Surplus as regards polieyholders
55 Total liabilities
336180 71
568970 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 191009 health 1
70038 liability 752867 fidelity 2730 sillruty
26974 plate glass 13560 burglary and theft 8780
auto and teams property damage 148801 total
Gross losses paid Accident 65320 health 72132 lia
bility 247508 plate glass 15192 auto and teams
property damage 101340 total
13092 99
5014 92
KENTUCKY LIVE STOCK INSURANCE COMPANY
I I Whifeliead Secretary
Win A Wright Attorney for Service in Georgia
ICapital Stock
Amount of capital stock
paid up in cash 100000 00
Amount of ledger assets as per balanee
Dee 31 of previous years 1 1460 20
Increase of paid up capita during the
year 122410 00
Extended at
ITIncome
8 Live stock premiums written
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
on slocks
12 Gross interest on deposits in I nisi com
panies and hunks
13 Gross interest from all other sources
State warrants
14 Capital stock notes
23701 1 2i
78 71 9
1292 41
14 1 10
977 n
909 01
3329
27N 05
956
COMPXKOLLEKG KNEKAL S UePOKT
15 Premium notes
16 Gross rents from companys property
17 Total gross interest and rents
19 Discount on warrants
20 Resale of stock
21 Miscellaneous
22 Surplus on state sales
23 Lien bond on real estate due Mar 17 1914
88 95
014 75
28 Total income
7626 39
84 29
9757 66
502 86
29579 4 7
60000 00
L8572 63
IIIDisbursements
3
4
6
7
8
9
10
II
12
13
18
19
20
21
22
22
23
25
26
27
28
38
Gross amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries
Salaries fees and all other charges of officers directors
trustees and home office employees
Kents
Advertising 76738 printing and stationery 215405
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
Interest
All other licenses fees and taxes Federal corporation
tax 36825 examination by state examiners
92615 accounts personal 13299 account payable
57200 total
Other disbursements Discount
Commission on stock sales
Miscellaneous
Exchange
Commission on real estate
Agents balances charged off
40262 00
191 53
13900 00
4329 24
11581 06
1558 50
2921 41
1187 84
726 00
1909 66
118 20
45 30
99 30
1377 70
17
2499 39
79 n
5436 75
1916 58
19 38
1080 00
1 10 05
41 Total disbursements 91521 33
1V Ledger Assets
1 Book value of real estate 154000 00
2 Mortgage loans on real estate 39600 00
I Bool value of bonds 4250000 and stocks 212000 11020 illCompxkollekGen eral s Report
957
5 Cash in companys office 23 14
6 Deposits in trust companies and banks not on interest 10534 15
7 Deposits in trust companies and banks on interest 8713 93
11 Bills receivable taken for live stock 7019 98
12 Other ledger assets viz Ky State warrants 60222 87
14 Interest on State warrants bought 627 40
15 Bills receivable 5849 53
16 Total ledger assets

NonLedger Assets
17 Interest accrued on mortgages 1192 4
20 Interest due on bonds 896 13
21 Interest duo and accrued on state arrants 2129 57
22 Interest due and accrued on eerf of de
posits 397 64
24 Total
30 Gross asset s
Deduct Assets Not Admitted
34 Agente balances representing business
written prior to Oct 1 1913 1772 72
35 Bills receivable past due taken for ma
rine inland and fire risks 5849 53
40 Total
11 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid
8 Gross premiums less reinsurance cash and bills re
ceived and receivable upon all unexpired inland
navigation risks 5994838 unearned premiums
fifty per cent
19 Contingent commissions or brokerage due and to be
come due
25 Lien bonds on real estate due Apr 17 1914
26 Total amount of all liabilities except capital
27 Capital actually paid np in cash 219160 00
28 Surplus over al liabilities 14934 88
29 Surplus as regards policyholders
30 Total liabilities
331211 00
4615 78
335826 78
7622 25
3282ilt 53
3069 00
29924 19
1126 16
6000I
94109 85
234094 88
328204 53958
ComptrollerGeneral s Report
LLOYDS PLATE GLASS INSUKANCE COMPANY
Home Office 63 William St New York N Y
William T Woods President Charles E W Chambers Secretary
William L McNevin 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 970778 76
Extended at 97077S 76
IIIncome
1 Gross premiums written and renewed during the year
Plate glass 1
2 Deduct reinsurance Plate glass 349 43
3 Deduct return premiums on policies can
celled Plate glass 72521 91
1 Deduct premium on policies not taken
Plate glass 63659 05
686311 19
5 Total deductions Plate glass
116530 39
6 Net premiums Plate glass
23 Gross interest on mortgage loans 2DUO 62
25 Gross interest on bonds and dividends on
stocks less 14988 accrued interest on
bonds acquired 1913 22117 62
30 Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings 21950 07
569800 80
31 Total gross interest and rents
34 Borrowed money
37 From agents balances previously charged off
38 Gross profit on sale or maturity of ledger assets viz Stock3
40 Total income
11 Disbursemeuts
1 Gross amount paid for Kisses Plate glass
Deduct salvage Plate glass
4606s il
10000 00
23 31
150 ihi
626047 47
231204 20
8170 37
i Xii amount paid policyholders Cor losses 223033 83ComptrollerGeneral s Report
959
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Plate glass 1 86853 72
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 69534 09
33 Rents including 1000000 for companys occupancy of its
own buildings 13084 77
34 Repairs and expenses other than taxes on real estate 7192 49
35 Taxes on real estate 7059 00
36 State taxes on premiums 7336 04
37 Insurance department licenses and fees 7702 74
39 Federal corporation tax 977 31
40 Ind revenue stamp tax Hawaiia 100 county taxes
12458 total 125 58
41 City taxes 979 27
42 Canada taxes 544 31
43 Legal expenses 601 96
44 Advertising 5770 51
45 Printing and stationery 3919 44
46 Postage telegraph telephone and express 5739 32
47 Furniture and fixtures 33 95
48 Stockholders for interest or dividends amount declared
during the year 5000000 50000 00
50 Sundries 8060 16
51 Building reserve fund 4218 72
52 Borrowed money 10000 00
53 Interest on borrowed money 210 42
54 Agents balances charged off 8560 64
55 Gross loss on sale or maturity of ledger assets viz Bonds 401 20
57 Total disbursements 634072 61
IVLedger Assets
1 Book value of real estate 255763 18
2 Mortgage loans real estate other than first 45500 00
4 Book value of bonds 28842793 and stocks 25962440
total 548052 33
5 Cash in companys office 1645 43
6 Deposit in trust companies and banks not on interest 1738 8
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Plate glass 9285 Id
On policies or renewals issued prior to Oc
ber 1 1913 Plate glass 1554 70
25 Total 94405 80
31 Ledger assets 962748 57

960 CoMiniiOIVLKKGENERALS RKPOliT
Non Ledger Assets
32 Interest accrued on mortgages 19 w
33 Interest accrued on bonds 3447 53
38 Bents accrued on companys property or lease 4142 54
39 Market value of real estate over book value 19236 82
41 Other nonledger assets viz Salvage glass on hand 6
34741 sundry accounts 14500 total 6492 41
44 Gross assets 992600 34
Deduct Assets Not Admitted
47 Salvage glass on hand 6347 41
49 Loans on personal security endorsed or not 145 00
50 Premiums in course of collection written
prior to October 1 1913 1554 70
52 Book value of ledger assets over market
value viz Bonds 2728518 stocks
4723090 total 74516 08
56 Total 82563 19
57 Admitted assets 910057 15
VLiabilities
1 Losses and claims adjusted Plate glass 17191 90
2 Losses and claims reported or in process of adjustment
Plate glass 14209 58
3 Losses and claims incurred but not reported Plate glass 10jOO CO
5 Total losses and claims 41401 48
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 509
66838 unearned premiums fifty per centt 254834 19
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 131
23597 unearned premiums pro rata 58257 19
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
Otcober 1 1913 viz Plate glass 39950 37
34 Salaries rents expenses bills accounts fees etc due or
accrued 8 80
35 Estimated amount hereafter payable for federalstate and
other taxes based upon the business of the year of this
statement 9000 00ComptrollerGenerals Beport
961
sy Return premiums
45 Building reserve fund
5 I Total amount of all liabilities except capital
52 Capital actually paid up in cash 250000 00
53 Surplus over all liabilities 264068 19
54 Surplus as regards policyholders
55 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Plate glass
Gross losses paid Plate glass
355 36
1231 57
395988 96
514068 19
910057 15
1192 32
594 25
THE LONDON AND LANCASHIRE GUARANTEE AND ACCIDENT
COMPANY OF CANADA
Alexander MacLean Manager
Bickerstaff Richards Co Attorney for Service
ICapital Stock
1 Amount of deposit capital
2 Amount of ledger assets as per balance
December 31 of previous year
517340 00
IIIncome
681913 20
Gross premiums written or renewed during the year
Accident 4078281 health 1030112 liability
24268019 workmens compensation 11423854
fidelity 382386 surety 255462 plate glass 51
83292 auto and teams prop dam 3885463 total 505068 69
Deduct reinsurance 389173 health
893T24 liability 546983 workmens
compensation 56290 fidelity 37062
surety 37500 plate glass 53650
auto and teams prop dam 5666 12156 48
Deduct return premiums on policies can
celled Accident 243374 health
39448 liability 1481560 workmens
compensation 161483 fidelity 3554
surety 15955 plate glass 248736
auto and teams prop dam 181529 23756 39962
ComptrollerGenerals Report
4 Premium on policies not taken Accident
441027 health 142557 liability
3293359 workmens compensation
818206 fidelity 56522 surety
19686 plate glass 4084 21 auto
and teams prop dam 575930 total
57577 02
Total deductions Accident 1073574 health 271329
liability 5323902 workmens compensation 10
35979 fidelity 97138 surety 73136 plate glass
710807 auto and teams prop dam 963125 total
93489 89
6 Net premiums Accident 3004707 health 758783
liability 18944117 workmens compensation 103
87875 fidelity 285248 surety 182327 plate
glass 4472485 auto and teams pro dam 3122338 411578 80
25 Gross interest on deposits in trust companies and banks 3234 15
33 Remittances from home office 44176 24
34 Income tax account 35 84
40 Total income 481115 42
IIIDisbursements
Gross amount paid for losses Accident 523327 health
130709 liability 1551 iOS workmens compsn
971187 plate glass 1201771 auto and teams
property damage 407100 total
Deduct reinsurance Accident 6344
liability 16200 plate glass 21036 435 80
Deduct salvage Plate glass 5389
auto and teams property damage 7000 123 89
4 Total deductions Accident 6344 liability 16200
plate glass 26425 auto and teams property damage
7000 total
Net amount paid policyholders for losses Accident
516983 health 130709 liability 1535408 work
mens compsn 971187 plate glass 1175346 auto
and teams property damage 400100 total
47857 02
i59 61
47297 3ComptrollerGeneral s Report
963
18 Investigation and adjustment of claims viz Accident
47443 health 9697 liability 413375 workmens
compensation 518592
20 Plate glass
22 Auto and teams property damage
24 Commissions or brokerage less amount received on re
turn premiunms and reinsurance for the following
classes Accident 790401 health 165089 liability
3098351 workmens compensation 698981
fidelity 32669 surety 34769 plate glass 12
01206 auto and teams property damage 595582
29 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
32 Inspection other than medical and claim
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
41 Membership fees to boards and bureaus
43 Legal expenses
44 Advertising
45 Printing and stationery
47 Furniture and fixtures
49 Other disbursements Exchange
51 London and Lancashire Fire Insurance Co Ltd
52 Return of cash advanced miscellaneous expenses
57 Total disbursements
IVLedger Assets
4 Book value of bonds
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 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 862309 health
300396 liability 5864051 work
mens compensation 5050037 fide
ity 70461 surety 47389 plate
glass 1044300 auto and teams prop
dam 828923 total 140684 66
9891 07
410 75
770 57
66170 48
37463 04
3 00
884 76
3647 76
1030 46
374 L 1
1478 37
660 00
5614 04
26879 09
7420 5o
32 87
1000 00
1181 84
245537 SO
585960 75
2712 02
1603 33
17 51 S6
964 CompteolleeGesteeals Eepoet
On policies or renewals issued prior to
October 1 1913 Accident 82560
health 5829 liability 630093 work
mens compensation 307145 fidelity
4093 plate glass 115360 auto and
teams prop dam 52740 totals 11978 20
25 Totals 152662 86
31 Ledger assets 917490 82
NonLedger Assets
33 Interest accrued on bonds 7449 38
44 Gross assets 924940 20
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 11978 20
52 Book value Of ledger assets over market
value viz Bonds 9043 45
57 Admitted assets 903918 55
VLiabilities
1 Losses and claims reported or in process of adjustment
Accident 1290000 health 80000 plate glass
29620 auto and teams property damage 543000 20426 20
4 Losses and claims resisted Auto and teams property
damage 100 00
5 Total losses and claims Accident 1290000 health
80000 plate glass 129620 auto and teams property
damage 553000 total 20526 20
i Deduct reinsurance Accident 110 00
7 Net unpaid claims except liability and workmens comp
claims Accident 1279000 health 80000 plate
glass 129620 auto and teams property damage
553000 total 20416 20
17 Special reserve for unpaid liability ami workmens com
pensation losses 27591 48
20 Total unpaid claims 48007 68CompteollekGenekal s Eepokt 935
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 248759 health 10282
plate glass 7055 auto and teams property damage
7070 total 2731 66
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
40362509 unearned premiums fifty per cent 201
81254 201812 54
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
995246 unearned premiums pro rata 8546 06
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident 264747
Health 91990 liability 1322304 workmens com
pensation 1268463 fidelity 9021 surety 12334
plate glass 299236 auto and teams property dam
age 189064 total 34571 59
34 Salaries rents expenses bills accounts fees etc due
or accrued 1000 00
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 10123 57
43 Reserve for contingencies 16750 00
51 Total amount of all liabilities except capital 323543 10
54 Surplus as regards policyholders 580375 45
55 Total liabilities 903918 55
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 12100 health
875 total 121 84
LONDON GUARANTEE AND ACCIDENT CO LTD
Home Office Chicago Illinois
E W Lawson Genera Manager
I lapital Stuck
1 Amount of capital paid up in cash Statu
tory deposit 500000 00
2 Amount of ledger isscls as per balance December 31 of
previous year 4144117 35966
ComptrollerGenerals Report
IIIncome
Gross premiums written and renewed during the year Acci
dent 12618769 health 2414524 liability 2528
71629 workmens compensation 124600045 steam
boiler 3279614 burglary and theft 16190616
credit 36620417 auto and teams property damage
23000478 workmens collective 11462478 total 4830585 To
Deduct reinsurance Accident 1520289
health 210849 liability 3176604
steam boiler 1222356 burglary and
theft 1575363 credit 400000 auto
and teams property damage 292
workmens collective 66035 total 82014 19
Deduct return premiums on policies can
celled Accident 347998 health
606 85 liability 26534035 work
men s compensation 13805431 steam
boiler 339729 burglary and theft
845868 credit 158583 auto and
teams property damage 2649638
workmens collective 859285 total 456012 52
Deduct premium on policies not taken Ac
cident 1451220 health 444136
liability 19712455 workmens com
pensation 4853256 steam boiler 6
11552 burglary and theft 2451283
credit 80000 auto and teams property
damage 2896793 workmens collec
tive 147653 total 326483 18
Total deductions Accident 3319507 health 715670
liability 49423094 workmens compensation 186
58689 steam boiler 2173637 burglary and theft
4872514 credit 638583 auto and teams property
damage 5576354 workmens collective 1072873
total
864510 19
0 Net premiums Accident 9299262 health 1698854
liability 203448535 workmens compensation 1
05941358 steam boiler 1105977 burglary ami theft
11318102 credit 35981834 auto and teams prop
erty damages 17121121 workmens collective 103
89505 total
Gross interest on mortgage loans
4583 interest on mortgages acquired
during 1913 SO 83
3966075 51ComptrollerGenerals Report 967
25 Gross Lnteresl on bonds and dividends or
stocks less 1807070 accrued interesl on
bonds acquired during 1913 I 12772 ii
26 Gross interest on deposits in rust companies
and banks 3168 89
27 Gross interest from all other sources On
delayed premiums 236 90
31 Total gross interest and rents 116265 20
33 Cash received from home office 155146 09
40 Total income 4237486 86
IIIDisbursements
1 Gross amount paid for losses Accident 5340915 health
911134 liability 131899321 workmens compensa
tion 27636899 steam boiler 1225879 burglary
and theft 4346930 credit 24821732 auto and teams
property damage 5816791 workmens collective 71
28461 total 2091280 02
2 Deduct reinsurance Accident 1103322
health 23571 steam boiler 346137
burglary and theft 193341 credit
43141 total 17095 12
3 Deduct salvage burglary and theft 36387
credit 6033690 total 60700 77
4 Total deductions Accident 1103322 health 23571
steam boiler 346137 burglary and Hint 229728
credit 6076831 total 77795 8fl
5 Net amount paid policyholders for losses Accident 42
37593 health 887563 liability 131899321 work
mens compensation 27636899 steam boiler 8
79742 burglary and theft 4117202 credit 187
44901 auto and teams property damage 7128461
total 2013484 7
18 Investigation and adjustment of claims viz Accident
272175 health 12030 liability 41285034 work
mens compensation 3959608 burglary and theft 2
12268 credit 328527 auto and teams property dam
age 109101 total 461787 43
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 3335038 health 593334 liability 609
32856 workmens compensation 14339654 steam
boiler 329733 burglary and theft 3545944 credit
10680652 auto and teams property damage 47
12555 workmens collective 1831528 total 1002911 94
968
ComptrollerGenerals Keport
29 Salaries fees and all other compensation of officers din
tore trustees and home office employees 118943 ia
30 Salaries traveling and all other expensi oi agents noi
paid by commissions 110401 04
32 Inspection other than medical and elaim 50750 66
33 Rents n61s 16
36 State taxes on premiums 53387 02
AT Insurance department licenses and fees 5945 52
39 Federal corporation tax 902 7
40 Personal property tax 1869 03
41 State city and county taxes and fees 4833 40
42 Income tax on sterling bonds and consular fees 359 51
43 Legal expenses 1331 45
44 Advertising 13008 31
45 Printing and stationery 2496583
46 Postage telegraph telephone and express 6005 09
47 Furniture and fixtures 5016 95
48 Remitted to home office 42253 67
50 Office and general expenses 8172 89
51 Exchange 2D 1
52 Bureau subscriptions 11486 12
55 Gross loss on sale or maturity of ledger assets viz Bonds 11949 24
57 Total disbursements 4069569 02
IVLedger Assets
2 Mortgage loans on real estate first liens 5500 00
4 Book value of bonds 3196694 56
5 Cash in company s office 2000 00
6 Deposit in trust companies and banks not on interest 2956 90
7 Deposits in trust companies and banks on interest 155433 02
8 Premiums in course on collection viz On
policies or renewals issued on or after
October 1 1913 Accident 1554730
health 440482 liability 38451927
workmens compensation 24036412
steam boiler 465439 burglary ami
theft 2858482 credit 2866000
auto and teams property damage 33
45498 workmens collective 1677559
total 756965 29
On policies or renewals issued prior to Oc
tober 1 1913 Accident 185042
health 27150 liability 10482826
workmens compensation 3107902
stam boiler 74564 burglary ami theftComptrollerGen eeaiis Report
969
109366 auto and teams property dam
age 313838 workmens collective 3
53334 total
146540 22
25 Total
28 Workmens compensation R I and inspection bureau
Cash in hands of branch claim department
29 Agents balances subject to adjustments
30 Traveling suspense account
903505 51
13198 29
6143 10
25058 70
1545 11
51 Ledger assets 4312035 19
NonLedger Assets
32 Interest accrued on mortgages
33 Interest accrued on bonds
45 83
47838 15
44 Gross assets 4359919 17
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 146540 22
52 Book value of ledger assets over market
value 250216 73
53 Cash in hands of branch claim department 6143 10
54 Agents balances subject to adjustment 25058 70
55 Traveling suspense account 1545 11
56 Total
320503 86
57 Admitted assets 4030415 31
VLiabilities
2 Losses and claims reported or in process of adjustment Ac
cident 44357 health 785 steam boiler 450 bur
glary and theft 10545 credit on polices expiring prior
to October 1913 1755 auto and teams property dam
age 15875 workmens collective 688314 total 80650 14
4 Losses and claims resisted Accident 30750 burglary
and theft 2000 credit on policies expiring prior to
October 1913 48000 auto and teams property damage
7600 total 88350 00
Total losses and claims Accident 75107 health 7s5
steam boiler 450 burglary and theft 12545 credil
on policies expiring prior to October L913 49755 auto
and teams property damage 23475 workmens col
leetive 688314 total
169000 14970
ComptkollerGeneeals KeIOKT
i Deduct reinsurance Accident 29375 health 50 bur
glary and theft 38 total 9463 00
7 Net unpaid claims except liability and workmens com
pensation claims excluding expenses of investigation
and adjustment Accident 45732 health 735 steam
boiler 450 burglary and theft 12507 credit on pol
icies expiring prior to Otcober 1913 49755 auto and
teams property damage 23475 workmens collective
688314 total 139537 U
17 Special reserve for unpaid liability and workmens compen
sation losses 111
18 Special reserve for credit losses on policies expiring in Oc
tober November and December 1913 being 50 per cent
of 10646583 gross premiums received on said policies
less 2924344 paid during said months on losses under
said policies 0900
L9 Special reserve for accrued losses on credit policies in force
December 31 1913 being fifty per cent of 14932625
earned premiums on said policies r4663 12
21 Estimated expense of investigation and adjustment of un
paid claims Accident 1000 burglary and theft
100 credit 2000 auto and teams property damage
400 total 3500
26 Gross premium less reinsurance upon all unexpired risks
running one year or less from date of policy 2518
38748 unearned premiums fifty per cent 1259193 74
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 233
38570 unearned premiums pro rata 117319 1
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 518613 health 1
41231 liability 10395698 workmens compensation
3964546 steam boiler 132271 burglary and theft
808390 credit 859800 auto and teams property
damage 842437 workmeng collective 396331 total 180593 17
34 Salaries rents expenses bills accounts fees etc due OT
accrued Ils 54
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 54
39 Return premiums 26316 66
lii Reinsurance 2545 03
13 Reserve tor attorney and legal fees liability dept 10000 00
51 Total amount of all liabilities except capital 31 15M I 77ComptrollerGenerals Report 71
Capita paid up in cash statutory deposit 500000 00
53 Surplus over all liabilities 1584600 54
54 Surplus as regards policyboldprs 884600 54
55 Total liabilities 4030415 31
Business in The State of Georgia During The Year
Gross premiums less return premium on risks written or re
newed during the year Accident 272194 health
76976 liability 1434530 steam boiler 12575
burglary and theft 97835 auto and teams property
damage 154645 workmens collective 15377 total 20333 78
Gross losses paid Accident 125049 health 162552
liability 771376 burglary and theft 3192 auto
and teams property damage 88018 total 1 1501 87
LOYAL PROTECTIVE INSURANCE COMPANY
S Augustus Allen President Francie B Forbes 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 389398 5 I
IIIncome
1 Gross premiums written and renewed during the year Ac
cidenl and health 538l6l 54
3 Deduct return premiums on policies cancelled Accident
and health 2475 28
6 Net premiums 535626 26
21 Policy fees required or represented by applications 57480 00
25 Gross interest on bonds and dividends on
stocks less 15158 accrued interest on
bonds acquired during 1913 12238 12
26 Gross interest on deposits in trust companies
and hanks 2022 63
30 Gross rents from companys leased prop
erty 210 00
31 Total gross interest and rents
11171 05972
COMPTROLLBRG ENEKALS REPORT
36 Checks not presented for payment
37 From agents balances previous charged off
to Total income
ill Disbursements
1 Gross amount paid for losses Accident and health
18 Investigation and adjustment of claims viz Accident and
health
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident and health
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not paid
by commissions
31 Medical examiners fees and salaries
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
38 All other licenses fees and taxes Federal corporation tax
tax includes 91279 for excess tax for 1909 bill ren
dered during 1913 paid under protest 104842 care
of funds Mass 50 Wise 25 cents franchise tax
Ark 100 Vt 4375 Tenn 20 Miss 2653
Calif 17410 Kan school 50 filing fees Mont 8
Idaho 2 W Va 10 license tax Canadian Prov
inces 5625 Calif 2 Mass Sec State eertt 32
total
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends amount declared
during the year 10000
49 Other disbursements Ins and bonding companies 20045
insurances journals and association 54465 office sup
plies 179697 officers traveling expenses 35229
badges 52823 exchange 22062 health bureau
65650 petty cash 11744 safe deposit bos
mission for purchase of stocks 3124 total
54 Agents balances charged oft
56 Cross decrease by adjustment in book value of ledger as
sets viz Bonds
71 99
L3 16
607662 76
306426 18
3889 62
56651 00
50745 57
72418 78
12130 38
243 00
5565 20
8713 17
417 25
1646 30
7997 13
L386 72
7248 74
8442 Hi
2MM 57
10000 00
446S 39
192 54
205 00CompteollbeGeneeal s Kepoet
IVLedger Assets
4 Book value of bonds 28636864 and stocks 4110939
total
5 Cash in companys office
7 Deposits in trust companies and banks on interest
31 Ledger assets
NonLedger Assets
33 Interest accrued on bonds
38 Bents due and accrued on companys property or lease
44 Gross assets
Deduct Assets Not Admitted
52 Book value of ledger assets over market value viz Bonds
931864 stocks 230939 total
i7 Admitted assets
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident and health
3 Losses and claims incurred but not reported Aeeident and
health
4 Losses and claims resisted Accident and health
5 Total losses and claims Accident and health
21 Estimated expenses of investigation and adjustment of un
paid claims Accident and health
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 14946250
unearned premiums pro rata
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
41 Advance premium one hundred per cent
43 Excess of Canadian deposit over Canadian liabilities
51 Total amount of all liabilities except cital
973
327478 03
600 00
104231 72
432309 75
3856 43
3865 43
436175 18
11628 03
424549 15
69256 00
13000 00
744 00
83000 00
407 32
99641 67
500 00
8286 81
6015 50
2388 57
200239 87974
ComptrollerGenerals Report
pital actually paid up in cash 100000 00
53 Surplus over all liabilities 124307 28
54 Surpius us regards policyholden
2243117 2s
55 Total liabilities 2454 15
Business inthe State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident and health 1806 2o
Gross losses paid Accident and health 1204 64
MARYLAND CASUALTY COMPANY
John T Stone President lames F Mitchell Secretary
A Haas Sen Howell Attorneys for Service in Georgia
1Capital Stock
1 Amount of capita paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 1 of previous year 6999910 26
IIIncome
ss premiums written and renewed during the year
Health 383547 74 liability 327637337 work
mens compensation 70429881 fidelity 37326934
surety 59273896 plate glass 34610636 steam
boiler burglary and theft 40424273
sprinkler 16583912 fly wheel 3542148 auto and
teams prop dam 20494590 workmens collective
922036 54
175288 phys i 5742974 total
2 Deduct reinsurance Accident 5328017
S7965 liability 217615
fidi jn
plate gli y and theft
942408 sprinkler 2227 phys
uefi i
Deduct return premiums on policies can
led Accident 170152 health
837 liability 19891318 workmens
smis fidelity 7
57215 Burety 2858627 plate glass
7949882 66
155195 29COMPTROLLERGrENERALS REPORT
17 i
2117 31 steam boiler 876861 burg
lary and theft 198464 sprinkler 1
81055 fly wheel 43670 auto and
teams prop dam 284275 workmens
collective 373458 phys defense
35801 total 301521 62
4 Premium on policies not taken Accident
16332177 health 8142404 liability
49712397 workmens compensation
7256244 fidelity 64143 61 surety
7522064 plate glass 5749068
steam boiler 8138206 burglary and
theft 8561681 sprinkler 4703496
fly wheel 675784 auto and teams
prop dam 5093780 workmens col
lective 1042076 phys defense 14
24632 total 1307683 70
5 Total deductions Accident 21880346 health 9881206
liability 698213 30 workmens compensation 114
44942 fidelity 11250685 surety 13271211 plate
glass 6029515 steam boiler 9015067 burglary
and theft 9702553 spkr 5206878 fly wheel 7
19454 auto and teams prop dam 5378055 work
mens collective 1415534 phys defense 1473285
total
1764400 61
6 Net premiums Accident 70373308 health 28473568
liability 257816007 workmens compensation 589
84939 fidelity 26076249 surety 46002685 plate
glass 28581121 steam boiler 29672902 burglary
and theft 30721720 sprinkler 11377034 fly wheel
2822694 auto and teams prop dam 15116535
workmens collective 8259754 phys defense 42
69689 total 6185482 05
23 Gross interest on mortgage loans 280 oO
25 Gross interest on bonds and dividends on stocks less
456344 accrued interest on bonds acquired during 1913 186275 93
26 Gross interest on deposits in trust companies and banks 1979 26
29 Interest on bills receivable 1994 05
30 Gross rents from companys property including 02
14464 for companys occupancy of its own buildings 114220 92
38 Gross profit on sale or maturity of ledger assets viz
Bonds 101685 stocks 6587 total 1082 72
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 991356 stocks 851250 total 18466 06
40 Total income 6509739 49976
ComptrollerGenerals Kepobt
IIIDisbursements

1 Gross amount paid for losses Accident 41009009
health 13779987 liability 172010082 workmens
compsn 17371990 fidelity 10236316 surety 216
94580 plate glass 12333330 steam boiler 7712443
burglary and theft 9561296 sprinkler 4533730
fly wheel 22000 auto and teams property damage
5631235 workmens collective 5610751 live stock
1563269 total
2 Deduct reinsurance Accident 2562649
health 954905 fidelity 1094526
surety 3628395 burglary and theft
602324 total 88427 99
3 Deduct salvage liability 203993 fidel
ity 1245336 surety 4433806 plate
glass 288816 steam boiler 9788
burglary and theft 140716 sprinkler
539537 total 68619 92
3230700 21
3073652
4 Total deduction Accident 2562649 health 954905
liability 203993 fidelity 2339862 surety 80
62201 plate glass 288816 steam boiler 9788
burglary and theft 743040 sprinkler 539537 157047 91
5 Net amount paid policy holders for losses Accident
38446360 health 12823082 liability 1718
06089 workmens compsn 17371996 fidelity
7896454 surely 13632379 plate glass 120
44514 steam boiler 7702655 burglary and theft
8818256 sprinkler 3994193 fly wheel 22000
auto and teams property damage 5631235 work
mens collective 5610751 live stock 1563269
18 Investigation and adjustment of claims viz Accident
2699773 health 663145 liability 47770013
workmens compensation 3629302 fidelity 578658
surety 1901519 plate glass 448313 steam boiler
527101 burglary and theft 9837920 sprinkler
284874 auto and teams properly damage 377151
workmens collective 327863 pins defense 9
94296 total
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 25364567 health 8682900 liability
58437167 workmens compensation 8261238
26 Fidelity 6543081 surety 11614237 plate glass 93
51 steam boiler 7659604 total
1007458 72
27 Burglary and theft 8732086 sprinkler 2609973 113420
352157 73
53ComptrollerGeneral s Report
977
28 Fly wheel 721509 auto and teams property damage
3266470 workmens collective 1814414 phys
defense 1218238 total 70206 31
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 338051 63
30 Salaries traveling and all other expenses of agents not
paid by commissions 186924 17
31 Medical examiners fees and salaries 5000 00
32 Inspection other than medical and claim 191279 44
33 Kents 6214464
34 Repairs and expenses other than taxes on real estate 39560 71
35 Taxes on real estate 19009 58
36 State taxes on premiums 97737 31
37 Insurance department licenses and fees 20277 77
38 All other licenses fees and taxes Federal corporation
tax 117333 municipal licenses 597207 tax on
capital stock 32174 17 39319 57
43 Legal expenses 11475 66
44 Advertising 29070 32
45 Printing and stationery 34610 35
46 Postage telegraph telephone and express 14931 18
47 Furniture and fixtures 11806 37
48 Stockholders for interest or dividends 200000 00
49 Other disbursements Profit sharing disbursements 17
47635 traveling 582515 bureaus and associations
1441984 exchange and interest 390277 miscel
laneous office expenses 399623 total 45620 34
55 Gross loss on sale or maturity of ledger assets viz
Bonds 6377 67
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds 167786 71
57 Total disbursements 674523704
IVLedger Assets
1 Book value of real estate 1254087 79
2 Mortgage loans on real estate 4317 46
4 Book value of bonds 357752559 and slocks 450y
65500 total 4028180 59
5 Cash in companys office 7601 52
7 Deposits in trust companies and banks on interest 2961 72 67
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 10932096
health 4164200 liability 44621700
workmens compensation 9163358
fidelity 3037585 surety 7433912978 ComptrollerGenerals Report
plate glass 1290498 steam boiler
4856160 burglary and theft 61
51620 sprinkler 1950703 fly wheel
463412 auto and teams prop dam
1720845 workmens collective 3
42386 phys defense 543901 total 996723 76
2 On policies or renewals issued prior to Oct
1 1913 Accident 394552 health
90418 liability 4701417 workniens
compensation 598180 fidelity 10
17178 surety 6705087 plate glass
230397 steam boiler 200582burg
lary and theft 175799 sprinkler
56376 fly wheel 102953 auto and
teams prop dam 19033 workmens col
lective 57673 phys defense 15008 143646 53
25 Total 1140370 29
26 Bills receivable 19800 49
28 Reinsurance losses due from other companies 3827 58
29 Agents balances 10054 32
31 Ledger assets 6764412 71
NonLedger Assets
Interest accrued on bonds 27799 64
37 Certificate of deposit 500000 Atlantic Nat Bank
Jacksonville Pla 11 67
II Cross assets 6792224 02
Deduct Assets Not Admitted
16 Bill receivable 19800 49
50 Premiums in course of collection written
prior to Oct 1 1913 143646 53
56 Total 1634 17 02
57 Admitted nssois 6628777 00
VLiabilities
I Losses ami claims resisted for policyholders Steam boiler 10850 00
Losses and claims reported or in process of adjustment
Accident 9514472 health 2061617 fidelity 27
18863 surety 6106616 plate glass 1567062CoMPTROLLERGeNERALs REPORT 979
steam boiler 738617 burglary and theft 2572728
sprinkler 1273988 auto and teams prop dam
2337000 workmens collective 767400 total 296583 63
4 Losses and claims resisted Accident 2647500 health
50000 fidelity 5645531 surety 9267243 steam
boiler 40000 burglary and theft 1690000 sprink
ler 12500 fly wheel 75000 auto and teams prop
erty damage 187500 total 196152 77
5 Total losses and claims Accident 12161971 health
2111017 Fidelity 8364394 surety 153738 62
plate glass 1567062 steam boiler 1863617 burg
lary i and theft 4262728 sprinkler 1286488 fly
wheel 75000 auto and teams property damage
2524500 workmens collective 767400 total 503586 10
17 Special reserve for unpaid liability and workmens com
pensation losses 841983 00
20 Total unpaid claims 1345569 40
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
427936237 unearned premiums fifty per cent 2139681 19
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
117383216 unearned premiums pro rata 627368 59
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1913 viz Accident 3935554 health
1282574 liability 10441618 workmens compensa
tion 1310360 fidelity 811035 surety 1992288
plate glass 1407283 steam boiler 1209184 burg
lary and theft 1759363 sprinkler 446711 fly
wheel 130219 auto and teams properly damage
356214 workmens collective 63314 pliys de
fense 152292 total 253073 03
34 Salaries rents expenses bills accounts fees etc due
or accrued 8329 Oo
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 105935 65
40 Reinsurance
51 Total amount of all liabilities except capital 4503129 79
980 CoMPTBOLLERGENEBAIis REPORT
52 Capita actually paid up id cash 1000000 00
53 Surplus over all liabilities 1125647 21
54 Surplus as regards policyholdrs 2125647 I
55 Total liabilities 6628777 00
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 2053902 health
1556633 liability 7708573 fidelity 363752
surety 434671 plafe glass 599159 steam boiler
757378 burglary and theft 554781 sprinkler
162350 fly wheel 151991 auto and teams prop
erty damage 815115 workmens collective 20049
phys defense 49650 total 152280 03
Gross losses paid Accident 719162 health 1038425
liability 4238923 fidelity 638 surety 293517
plate glass 273311 steam boiler 29225 burglary
and theft 149979 auto and teams property damage
3386 27 workmens collective 2650 total 70844 47
MASONIC MUTUAL ACCIDENT COMPANY
Clyde V young President Samuel W Munsell Secretary
Walter E Jones Attorney for Service
ICapital Stock
2 Ammill of ledger assets as per balance December 1 of
previous year 27754 85
IIIncome
1 Gross premiums written and renewed dnring the year Ac
cident and health 63 036 82
t Deduct return premiums on policies cancelled Accident and
health 204 44
6 Net premiums Accident and health 62832 38
21 Policy fees required or represented by applications 15410 00
25 Cross interest on bonds less 42 accrued
interest mi bonds acquired during 191 937 i7ComptrollerGeneral s Report
981
31
40
Gross interes ii deposits in trust compa
nies and banks
Total gross interest and rents
126 27
1063 94
Total income 79306 32
IIIDisbursements
1 Gross amount paid for losses Accident and health 30158 35
18 Investigation and adjustment of claims viz Accident and
health
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
40 Taxes on investments
41 Corporation license Cal
43 Legal expenses
44 Advertising printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
50 Traveling expense of officers
51 Miscellaneous expense
54 Agents balances charged off
57 Total disbursements
IVLedger Assets
4
5
7
28
29
31
33
Book value of bonds
Cash in companys office
Deposits in trust companies and banks on interest
Agents balances
Interest in hands of state treasurer
500 15
15410 00
9115 69
10307 00
1881 73
344 83
1054 00
505 72
576 00
4 09
10 00
363 41
2049 23
1672 30
355 fin
1023 00
716 88
342 17
Lodger assets v
NonLedger Assets
Interest accrued on bonds
76390 15
23292 60
1624 92
5095 14
478 36
180 00
30671 02
428 76
982
JomptrollerGenerals Report
IJ furniture aud fixtures
12 Supplies in hand
I I Gross
ets
Deduct Assets Not Admitted
47 furniture and fixtures
48 Supplied printed matter and stationery
53 Hook value of bonds over market value
54 Agents balances
1200 00
500 00
L227 in
47S 36
Admitted assets
VLiabilities
2 Losses ami claims reported or in process of adjustment
Accident and health
27 Iross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy un
earned premiums pro rata
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October I 1913 viz Accident ami health
34 Salaries rents expenses hills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
II Advance premiums one hundred per cent
51 Total amount of all liabilities except capital
53 Surplus over all liabilities
1200 00
500 mi
32799 7s
2939 N2
2884 70
5231
ISO 86
314 11
547 80
t ci 7o
12465 67
16928 15
55 Total liabilities
9393 83
THE MASONIC PROTECTIVE ASSOCIATION
Francis A Harrington President Prank C Harrington 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 342899 39ComptkollkrGenekals RlilOKT
IIIncome
1 Gross premiums written and renewed during the year Ac
cident and health

3 Deduct return premiums on policies cancelled Accident and
health
983
393503 5n
438 42
6 Net premiums Accident and health
21 Policy fees required or represented by applications
25 Gross interest on bonds and dividends on
stocks 11540 8
26 Gross interest on deposits in trust eompa
393035 OS
54326 00
nies aud banks
7H7 94
31 Total gross interest and rents
33 Collectors overremittances
38 Gross profit on sale or maturity of ledger assets viz Bonds
14248 82
4 15
150 00
40 Total income
461794 OS
IIIDisbursements
1 Gross amount paid for losses Accident and health 91
98063 health 10574100 total
18 Investigation and adjustment of claims viz Accident and
health
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident and health
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents mn
paid by commissions
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
40 State corporation tax
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone ami express
47 Furniture and fixtures
48 Stockholders for interest or dividends aant declared
during the year 500000
197721 63
3378 2
53638 20
29385 01
47202 22
7563 SO
1542 34
4898 15
2200 42
205 69
1792 tin
129 US
1623 99
5328 24
6237 91
111 I 79
5000 on984
ComptrollerGeneral s Report
50 Miscellaneous
54 Agents balances charged off
1016 05
7 90
57 Total disbursements 370442 31
IVLedger Assets
4 Book value of bonds 301743 50
5 Cash in companys office 531 32
7 Deposits in trust companies and banks on interest 131876 31
31 Ledger assets 434251 13
NonLedger Assets
33 Interest accrued on bonds
44 Gross assets
5213 07
Deduct Assets Not Admitted
52 Hook value of ledger assets over market value viz Bonds
7 Admitted assets
VLiabilities
439464 20
12130 17
427334 03
2 Losses and claims reported or in process of adjustment Ac
cident 1580868 health 2922882 total 45037 50
3 Losses and claims incurred but not reported Accident 5
33094 health 625806 total 11589 00
4 Losses and claims resisted t Accident 825 health 830
total 1655 00
5 Total losses and claims Accident 2196462 health 36
31688 total
21 Estimated expenses of investigation and adjustment of un
paid claims Accident and health
26 Gross premiums less reinsurance upon all unexpired risks
running 3 months from December 1 1913
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
42 Other liabilities
52 Capital actually paid up in cash 100000 00
53 Surplus over all liabilities 17 562 53
54 Surplus as regards policyholde
55 Total liabilities
58281 i
421 74
82499 00
1937 96
786 30
1770 00
274562 53
427334 03COMPTBOLLEBG ENEKALS RePOBT
Business in the Stale of Georgia During the Year
Gross premiums loss return premiums on risks written or
renewed during the year Accidenl and health
Gross losses paid Accident and health
985
14129 56
7948 79
MASSACHUSETTS BONDING AND INSURANCE COMPANY
Home Office 7785 State Street Boston Massachusetts
T J Falvcy President John T Burnett Secretary
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31st of previous year 2913544
Kxtended at
ITIncome
1 Gross premiums written and renewed during the year Ac
cident and health 49210674 liability 1795309
07 workmens compensation 44480380 fidelity 338
91296 surety 50150593 plate glass 19419136
burglary and theft 23073571 auto and teams prop
erty damage 6992082 total
2 Deduct reinsurance Accident and health
949099 liability 2596967 work
mens compensation 168885 fidelity
2406091 surety 3931674 plate
glass 3267 burglary and theft 22
22970 total
3 Deduct return premiums on policies can
celled Accident and health 592674
liability 9572382 fidelity 2610918
surety 4658376 plate glass 595973
burglary and theft 1209201 total
Deduct premiums on policies not taken Ac
cident and health 6378533 liability
26241555 workmens compensation
7404075 fidelity 3036476 surety
4383122 plate glass 3245166 bur
glary and theft 4295778 auto and
teams property damage 1723573 total
2913544 22
4067031 39
122789 53
192395 24
I
56708278
5 Total deductions Accident and health 7920306 liability
38410904 workmens compensation 7572960 fidel986
ComptrollerGenerals Report
ity 8053485 surety 12973172 plate glass 38
I IImi burglary and theft 7727949 auto and tearis
property damage 1723573 total
882267 55

31
30
Net premiums Accident and health 41290368 liability
141120003 workmens compensation 36907421
fidelity 25837811 surety 37131921 plate glass
15574730 burglary and theft 15345622 auto and
teams property damage 5268509 total 3184763 84
Policy fees required or represented by applications 14692 00
Gross interest on bonds and dividends on
stocks less 144323 accrued interest on
bonds acquired during 1913 78163 77
Gross interest on deposits in trust compa
nies and banks 2248 04
Gross interest from all other sources Bills
receivable 30 62
Gross rents from companys property 1230 25
31 Total gross interest and rents
2 Prom other sources Sale of rights on No Boston Lighting
Properies stock
81672 68
100 00
40 Total income
3281228 12
IIIDisbursements
1 Iross amount aid for losses Accident and health 177
11940 liability 33525133 workmens compensation
17345148 fidelity 3543105 surety 15886844
plate glass 6292083 burglary and theft 4844800
auto and teams property damage 1623867 total
2 Deduct reinsurance Accident and health
543849 burglary and theft 4
50705 total 9945 54
Deduct salvage fidelity 822783 sure
ty 2590661 plate glass 57334 bur
glary and theft 75493 total 35462 71
100772 20
4 Total deduction Accident and health 543849 fidelity
822783 surety 2590661 plate Klass 4C7s4 bur
glary and theft 526198 total
45408 2
Net amount paid policyholders for losses Accident and
health 17168091 liability 33525133 workmens
compensation 17345148 fidelity 2720322 surety
13296183 plate glass 6234749 burglary and theft
4318602 auto and teams property damage 1623867
total a
962320 91ComptrollerGenerals Report 987
18 Investigation and adjustment of claims viz Accident and
health 438515 liability 7702868 workmens com
pensation 3851434 fidelity 507776 surety 24
68175 plate glass 146806 burglary and theft 4
27532 auto and teams property damage 25940 total 155690 46
23 Policy fees retained by agents 14692 00
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health 12892645 liability 29046848
workmens compensation 1402723 adelity 5896654
surety 10726730 plate glass 4579895 burglary
and theft 3699843 auto and teams property damage
672375 total 689177 13
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 152833 21
30 Salaries traveling and all other expenses of agents not paid
245897 12
by commissions
32 Inspection other than medical and claim 20748 9b
F 16423 16
33 Rents
34 Repairs and expenses other than taxes on real estate
35 Taxes on real estate
31 043 04
36 State taxes on premiums J
37 Insurance department licenses and fees 12989 99
39 Federal corporation tax
40 State county municipal and sundry licenses fees and
4 2530 so
taxes
43 Legal expenses 12563 60
4 221 52
44 Advertising
S 1 35 33
45 Printing and stationery
46 Postage telegraph telephone and express 24369
47 Furniture and fixtures
48 Stockholders for interest or dividends amoun declared
during the year 80000 80000
49 Other disbursements Traveling exp 2858757 insur
ance 171249 official examination 14233 supplies
297424 light and heat 161736 mercantile agen
cies 881 un bills and tariff assns 583668 pay roll
audits 1568782 miscellaneous 623517 dividends to
policyholders 13522 total 62809 8
54 Agents balances charged off 246988 agents suspense
P WTO S4
account 140996 total db
55 Gross loss on sale or maturity of ledger assets viz Bonds
m i T 1 2559151 61
57 Total disbursements
IV Ledger Assets
i i 1 1000 00
1 Book value of real estate T988
ComptrollerGenerals Kepokt
4 Book value of bonds 191947274 and stoeks 25453542
total
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 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 830723 21
On policies or renewals issued prior to Oc
tober 1 1913 101962 97
25 Total
26 Bills receivable
27 Other ledger assets viz Workmens compensation insur
ance and inspection bureau fund 690613 due from
Penn Casualty Co account additional premiums 9
74130 Boston Maine E C Co 5222 total
2174008 16
6245 41
72516 89
418841 69
932686 18
623 15
16699 65
31 Ledger assets 3635621 13
NonLedger Assets
33 Interest accrued on bonds 23415 85
35 Interest accrued on bank deposits 1021 3
42 Due from other companies for reinsurance on paid losses 467 50
44 Gross assets 3660528 82
Deduct Assets Not Admitted
46 Bills receivable 623 15
50 Premiums in course of collection written
prior to October 1 1913 101962 97
53 Bonds and stocks 81771 16
50 Total
1S4357 28
57 Admitted assets 3476171 54
VLiabilil ies
2 lussrs and claims reported or iii process of adjustment
eident and health 4484900 fidelity 1251922 sure
iv 9336680 plate glass 181224 burglary and
theft 924700 auto and teams property damage 3
TS420 total
165578 46ComptrollerGenerals Report
4 Losses and claims resisted Accident and health 277365
fidelity 2115000 surety 6418167 burglary and theft
456500 auto and teams property damage 316810
total
5 Total losses and claims Accident and health 4762265
fidelity 3366922 surety 15754847 plate glass 1
81224 burglary and theft 1381200 auto and teams
property damage 695230 total
6 Deduct reinsurance Accident and health 556750 fidel
ity 125000 surety 62500 burglary and theft 2
41432 total
989
95838 42
261416 88
9856 82
17
20
21
26
29
34
35
39
40
41
43
51
Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident and health 4205515 fidelity
3241922 surety 15682347 plate glass 181224
burglary and theft 1139768 auto and teams prop
erty damage 695230 total 251560 06
Special reserve for unpaid liability and workmens compen
162178 73
sation losses
Total unpaid claims 413738 79
Estimated expenses of investigation and adjustment of un
paid claims Accident and health 50000 fidelity 5
15000 surety 1245000 burglary and theft 88500
auto and teams property damage 74000 total 19725 00
Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 2
44698370 unearned premiums fifty per cent 1223491 85
Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 2
69445456 unearned premiums pro rata 161479 34
Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 166144 64
Salaries rents expenses bills accounts fees etc due or
25187 90
accrued
Esl imated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 4777145
Return premiums
Reinsurance 147fi3 45
Advance premiums one hundred per cent less amount
included in items 28 and 33 above 23518 93
Voluntary reserve for contingencies 75000 00
Total amount of all liabilities except capital 2170840 78990 ComptrollerGenerals Report
52 Capital actually paid up in cash 1000000 00
53 Surplus over all liabilities 305330 76
54 Surplus as regards polieyholders 1305320 7i
55 Total liabilities 3476171 54
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident 349144 health 1
92350 liability 1202142 fidelity 2474091 surety
12261366 plate glass 72416 burglary and theft
157194 fly wheel 138318 total 68470 21
Gross lossespaid Accident 38200 health 207376 lia
bility 291760 fidelity 2103733 surety 1963273
plate glass 16965 burglary and theft 23950 fly
wheel 8460 total 46537 17
METROPOLITAN CASUALTY COMPANY
Home Office 47 Cellar Street Xe York X Y
Eugene II Winslow President 8 Wm Burton 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 891675 73
IIIncome
1 Cross premiums written and renewed during the year Ac
cident 17427764 health 5413826 plate glass
62875118 total 857167 us
2 Deduct reinsurance Accident 929230
health 128505 total in577 35
3 Deduct return premiums on policies can
celled Accident 231317 health 1
01128 plate glass 1220801 total 15532 46
I Deduct premium on policies not taken Ac
cident 2542640 health 1044803
plate glass 8527086 total 121145 29
Total deductions Accident 3703187 health 1274436
lnte glass 9747887 total 147258 10ComptrollerGenerals Report
991
6 Net premiums Accident 137245
plate glass 53127231 total
25 Gross interest on bonds and dividends on
stocks less 25626 accrued interest on
bonds acquired during 1913
26 Gross interest on deposits in trust compa
nies and banks
health 4139390
r0991 I 98
29753 74
1244 32
31 Total gross interest
37 From agents balances previously charged off
40 Total income
IIIDisbursements
1 Gross amount paid for losses Accident 5490035
health 1619618 plate glass 21718935 total
3 Deduct reinsurance Accident 341556
health 64411 total 4059 67
3 Deduct salvage Plate glass 2007 49
4 Total deduction Accident 341556health 64411 plate
glass 200749 total
18
24
29
30
31
32
33
36
37
38
39
43
44
45
46
47
Net amount paid policyholders for losses Accident 51
48479 health 1555207 plate glass 21518186 total
Investigation and adjustment of claims viz Accident
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 4385095 health 1316677 plate glass 169
95469 total
Salaries fees and all other compensation of officers direc
tors trustees and home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Medical examiners fees and salaries
Inspection other than medical and claim
Rents
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Municipal licenses
Federal corporation tax
Legal expenses
Advertising
Printing and stationery
Postage telegraph telephone and express
Furniture and fixtures
Stockholders for interest or dividends amount declared
during the year 2800000
30998 06
83 74
740993 78
288285 88
6067 16
282217 72
2378 06
226972 41
82318 04
15542 94
2124 43
106 00
7925 04
8672 54
6639 01
995 82
813 26
92U 77
2511 00
5785 53
5923 51
891 44
28000 00992
Com ptuoilekGknekals Report
50 Exchange od bank checks
51 Commercial agencies and underwriters associations
52 Home office expenses for toilet supplies ice ami drinking
water
54 Agents balances charged off
57 Total disbursements
IVLedger Assets
4 Book value of bonds 49042198 and stocks 24512432
total
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 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 2495296
health 1173921 plate glass 107
28561 total i
On policies or renewals issued prior to Oc
tober 1 1913 Accident 169171
health 44138 plate glass 140385
total
1297 72
3698 45
I4S 5l
138 74
685022 04

25 Total
31 Ledger assets
141977 78
3536 94
731546 30
4616 67
1000 00
58969 78
147514 72
947647 47
NonLedger Assets
33 Interest accrued on bonds
5497 49
44 Gross assets 953144 96
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 3536 94
52 Book value of ledger assets over market
value 29296 30
57 Admitted assets 920311 72
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 2750285 health 268785 plate glass 9
06609 total
29256 79ComptrollerGenerals Report 993
3 Losses and claims incurred but not reported Accident
48797 health 94712 plate glass 1129953 total 12734 62
4 Losses and claims resisted Accident 662250 health
15803 total 678053
5 Total losses and claims Accident 2461332 health 3
79300 plate glass 2036562 total 58771 94
21 Estimated expenses of investigation and adjustment of un
paid claims Accident 1382 63
27 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 69880048
unearned premiums fifty per cent 349400 24
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 759570 health 3
56871 plate glass 3433140 total 45495 81
34 Salaries rents expenses bills accounts fees etc due or
accrued 784 14
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 6850 50
40 Eeinsurance 880 51
41 Advance premiums one hundred per cent 28 99
51 Total amount of all liabilities except capital 463558 76
52 Capital actually paid up in cash 200000 00
53 Surplus over all liabilities 256752 96
54 Surplus as regards policyholders 456752 96
55 Total liabilities 920311 72
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident 548758 health 2
11334 plate glass 179758 total 9398 50
Gross losses paid Accident 154186 health 55919
plate glass 71880 total 2819 S5994
CompteollerGeneeals Eepoet
NATIONAL CASUALTY COMPANY
W G Curtis President Franklin S Dewey Secretary
Bargeron and Parkinson Savannah Attorneys for Service
ICapital Stock
1 Amount of capital paid up in cash
2 Amount of ledger assets as per balance
December 31 of precious wear
IIIncome
200000 00
335093 42
1 Gross premiums written or renewed during the year
Accident and health
2 Deduct reinsurance Accident and health 7967 53
3 Deduct return premiums on policies can
celled Accident and health 2200 90
4 Deduct premium on policies not taken
Accident and health 9227 50
5 Total deductions Accident and health
Net premiums Accident and health
21 Policy fees required or represented by application
23 Gross interest on mortgage loans
24 Gross interest on collateral loans
25 Cross interest on bonds and dividends on stocks less
43751 accrued interest on bonds acquired during
1913
25 Gross interest on deposits in trust companies and banks
29 Interest on delinquent agency balances
37 From agents balances previously charged off
38 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Gross increase by adjustment in book value of ledger
assets viz Stocks
724618 04
19395 93
705222 11
U5O0 00
1190 00
330 40
13466 61
179 98
7 54
505 37
50 00
240 00
40 Total income 762692 01
IIIDisbursements
1 Gross amount paid for losses Accident and health 305764 74
2 Deduct reinsurance Accident and health 5363 09
5 Nt amount paid policyholders for losses Accident and
health 300401 65
18 Investigation and adjustment of claims viz Accident
and health 4896 75ComptrollerGenerals Report
995
23 Policy fees retained by agents 41146 oO
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health 250923 36
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 54238 54
30 Salaries traveling and all other expenses of agents not
paid by commissions 29976 o4
P 9889 50
33 Eents 19993 54
36 State taxes on premiums x
39 All other licenses fees and taxes Federal corporation
233 83
tax
40 Municipal licenses in states inspections and sundries 1627 6
43 Legal expenses 605 88
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express 83o9 4
47 Furniture and fixtures 22
48 Stockholders for interest or dividends lbuu
49 Other disbursements General expense ij719
51 Traveling home office MJJ f
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz
13 31
Bonds
35 Gross decrease by adjustment in book value of ledger
assets viz Bonds 9o8 91
77 699 94
57 Total disbursements a
IVLedger Assets
2 Mortgage loans on real estate 25950 00
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds 23871862 and stocks 3224000 2709o8 62
5 Cash in companys office
6 Deposit in trust companies and banks not on interest M
7 Deposits in trust companies and banks on interest 5000 00
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident and health
25 Total
27 Other ledger assets viz Agents balances secured
31 Ledger assets
3900 00 3900 00 7911 16


340086 19

996
ComptrollerGenerals Keport
NonLedger Assets
32 Interest due 4800 and accrued 51367
on mortgages
33 Interest accrued on bonds
34 Interest accrued on collateral loans
35 Interest accrued on other assets
38 Rents
42 Furniture and supplies
561 67
4332 36
13 99
175 00
5083 02
30000 00
44 Gross assets
Deduct Assets Not Admitted
47 Furniture fixtures supplies printed matter and station
ery
57 Admitted assets
375169 21
30000 ao
345169 21
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident and health
4 Losses and claims resisted Accident and health
5 Total losses and claims Accident and health
6 Deduct reinsurance Accident and health
7 Net unpaid claims except liability and workmens comp
claims Accident and health
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health
26 Cross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
2656700 unearned premiums fifty per cent
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1913 viz Accident and health
34 Salaries rents exposes bills accounts fees etc due
or accrued
36 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
22133 00
3150 00
25283 00
1875 00
81 Total amount of all liabiliti
es except capital
23408 00
500 00
13283 00
200 00
1000 00
11000 00
1282 00
50673 00
ComptrollerGeneral s Report
52 Capital actually paid up in cash 200000 00
53 Surplus over all liabilities 94496 21
54 Surplus as regards polieyholders
917
294496 21
55 Total liabilities 345169 21
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 6194 08
Gross losses paid Accident and health 3102 55
NATIONAL SURETY COMPANY
Home Office 115 Broadway New York N Y
William B Joyce President Hubert J Hewitt Secretary
BoytT Perry Atlanta Attorney for Service
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 7933707 16
IIIncome
1 Gross premiums written and renewed during the year Fidel
ity 160987079 surety 259445207 burglary and
theft 65027960 total 4854602 46
2 Deduct reinsurance Fidelity 4879434
surety 16162440 burglary and theft
8485840 total 295277 14
3 Deduct return premiums on policies can
celled Fidelity 3577440 surety 57
65050 burglary and theft 2329949
total 116724 39
4 Deduct premium on policies not taken
Fidelity 31398964 surety 879
44465 burglary and theft 137
27006 total 1330704 35
5 Total deductions Fidelity 39855838 surety 1098
71955 burglary and theft 24542795 total 1742705 88
6 Net premiums Fidelity 121131241 surety 1495
73252 burglary and theft 40485165 total 3111896 58998 ComptrollerGenerals Report
22 Inspections 1711 55
23 Gross interest on mortgage loans 383 50
24 Gross interest on collateral loans 45 00
25 Gross interest on bonds and dividends on
stocks less 231088 accrued interest on
bonds acquired during 1913 257645 06
26 Gross interest on deposits in trust compa
nies and banks 10176 42
29 Interest from all other sources 7910 36
30 Gross rents from companys property 2647 80
31 Total gross interest and rents 278808 14
34 Miscellaneous income
37 Prom agents balances previously charged off 5372 2
38 Gross profit on sale or maturity of ledger assets viz Real
estate 20000 bonds 1780 total 217 80
39 Gross increase by adjustment in book value of ledger as
sets viz Eeal estate 12236 92
40 Total income 3410706 11
IIIDisbursements
1 Gross amount paid for losses Fidelity 62096708 sure
ty 94787531 burglary and theft 14781444 total 1716656 83
2 Deduct reinsurance Fidelity 1494872
surety 5506228 burglary and theft
2033254 total 90343 54
3 Deduct salvage Fidelity 18901355 sure
ty 32066171 burglary and theft 2
55989 total 512235 15
4 Total deduction Fidelity 20396227 surety 37572399
burglary and theft 2289243 total 602578 69
5 Net amount paid policyholders for losses Fidelity 417
00481 surety 57215132 burglary and theft 124
92201 total 1114078 14
18 Investigation and adjustment of claims viz Fidelity 70
34631 surety 5745540 burglary and theft 9
21780 total 137019 51
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 30017072 surety 41290672 burglary and
theft 10777055 total 820847 99
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 457464 60
Salaries traveling and all other expenses of agents not
paid by commissions 214698 V oComptrollerGenerals Report
999
33 Bents 44339 f
34 Repairs and expenses other than taxes on real estate 2410 75
35 Taxes on real estate 1103 2
36 State taxes on premiums 65909 27
37 Insurance department licenses and fees 18348 36
1 49
39 Federal corporation tax 00
171 92
40 Tax on personal property
41 Tax on franchise 563 00
43 Legal expenses 4569 73
a a a jit 9665 97
44 Advertising
45 Printing and stationery 25030 03
46 Postage telegraph telephone and express 34161 09
47 Furniture and fixtures 11053 64
48 Stockholders for interest or dividends amount declared
during the year 240000 239748 00
79 899 77
Suspense items MS9a
50 Auditing expense 148475 development 269128 total 4176 03
51 Exchange 164660 insurance 89131 total 2537 91
52 Profit and loss miscellaneous 48991 traveling expenses
1048012 total 10970 03
o t 3 i 28050 69
53 Incidentals
54 Agents balances charged off 2892 l
55 Gross loss on sale or maturity of ledger assets viz Real
estate 145000 bonds 95215 stocks 97500 total 3377 15
56 Gross decrease by adjustment in book value of ledger as
sets viz Real estate 7222 96
57 Total disbursements 3346760 49
IVLedger Assets
1 Book value of real estate less 8500 incumbrances 193306 99
2 Mortgage loans on real estate first liens 1904057 other
than first 30000 total 49040 57
3 Loans secured by pledge of bonds stocks or other collaterals 20500 00
4 Book value of bonds 393001374 and stocks 1753
17013 total 5683183 87
5 Cash in companys office Petty cash 1000 on hand
2096683 branch office 1158512 total 33551 95
Cash in transit 1754 54
6 Deposit in trust companies and banks not on interest 144174 23
7 Deposits in trust companies and banks on interest 736592 96
7a Due from suspended banks 01
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Fidelity 13114591
surety 30653718 burglary and theft
9770222 total 535385 911000
ComptrollerGenerals Eeport
On policies or renewals issued prior to Oc
tober 1 1913 Fidelity 10389486
surety 16892940 burglary and theft
1568932 total 288513 58
25 Total 823899 49
26 Bills receivable 2102 58
Accounts receivable miscellaneous 22341 22
27 Other ledger assets Due from admitted reinsuring com
panies 2877080 due from nonadmitted reinsuring
companies 302895 due from railroads 1579805
hie from U S Government county and municipalities
4195000 due from advance to contractors 3779037
due from excise reinsurance committee 6003931 due
from Empire State Surety Co special account 358514
commission due 184181 suspense account 1252785
total 205332 48
XonLedger Assets
32 Interest accrued on mortgages 405 48
33 Interest due 91250 and accrued 4677013 on bonds 47682 63
34 Interest accrued on collateral loans 495 00
36 Interest due on bank balances 2527 08
44 Gross assets 8048762 97
Deduct Assets Not Admitted
45 Advance on contracts 37790 37
Empire State Surety Co special account 3585 14
Accounts receivable 22341 22
46 Accrued interest on cash in branch office 4291 21
Bills receivable 2102 58
47 Mortgage and loans other than first liens 30000 00
Reinsurance on losses paid in admitted cos 8158 62
It Reinsurance on losses paid in nonadmitted
companies 302s 95
imimission due 1 841 81
50 Premiums in course of collection written
prior to October 1 1913 288513 58
Due from suspended banks 48565 68
51 Suspense accounts 12527 85
53 Stocks and bonds 427031 91
5C Tota 889778 92
57 Admitted assets 7158954 05ComptrollerGenerals Report
VLiabilities
1001
2 Losses and claims reported or in process of adjustment
Fidelity 22325432 surety 65737212 burglary and
theft 3131363 total 911940 07
4 Losses and claims resisted Fidelity 18905807 surety
27221420 burglary and theft 589705 total 467169 32
5 Total losses and claims Fidelity 41231239 surety 929
58632 burglary and theft 3721068 total 1379109 39
6 Deduct reinsurance Fidelity 4622581 surety 3876510
burglary and theft 645985 total 91450 76
7 Net unpaid claims except liability and workmens com
pensation claims excluding expenses of investigation
and adjustment Fidelity 36608658 surety 890
82122 burglary and theft 3075083 total 1287658 63
21 Estimated expenses of investigation and adjustment of un
paid claims Fidelity 1382500 surety 2455473
burglary and theft 25000 total 38629 73
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 2767
39306 unearned premiums pro rata 1542617 64
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 642
75854 unearned premiums pro rata 327483 86
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Fidelity 2754064 surety
6437293 burglary and theft 2051747 total 112431 04
24 Salaries rents expenses bills accounts fees etc due or
accrued 4128 35
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 51035 10
36 Dividends declared and unpaid to stockholders 60378 00
39 Return premiums 29293 90
40 Reinsurance 25728 31
41 Advance premiums one hundred per cent 9324 47
43 Income tax deducted at source due internal revenue dept 13 33
44 Auto chauffeurs advance payments 122 00
45 Contingent fund 170139 69
51 Total amount of all liabilities except capital 3658984 051002 ComptrollerGenerals Report
52 Capital actually paid up in cash 2000000 00
53 Surplus over all liabilities 1500000 00
54 Surplus as regards policyholders 3500000 00
55 Total liabilities 7158984 05
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Fidelity 1123372 surety 13
62600 burglary and theft 201880 total 26878 52
Gross losses paid Fidelity 458783 surety 889897
burglary and theft 28198 total 13768 78
NEW ENGLAND CASUALTY COMPANY
Corwin McDowell President Allan Forbes Secretary
W E Harrington 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 1869702 58
IITncome
1 Gross premiums written and renewed during the year
Accident 8131271 health 6321750 liability
83651155 workmens compensation 4419S388
fidelity 6959645 surety 33951519 plate glass
5044075 burglary and theft 13469797 auto and
teams prop dam 7897360 workmens collective
1018289 total 2106432 49
2 Deduct reinsurance Accident 543211
health 368443 liability 848288
workmen s compensation 7687 fidelity
697068 surety 350020 plate glass
17322 burglary and theft 1492125
total 75437 I4
3 Deduct return premiums on policies can
celled Accident 738465 health 3
6a572 liability 12877220 workmens
compensation 4995355 fidelity 5ComptrollerGenerals Eeport
1003
07973 surety 2246391 plate glass
1001901 burglary and theft 21
01356 auto and teams prop dam 11
62069 total 259993 02
5 Total deductions Accident 1281676 health 7
37015 liability 13725508 workmens compensation
5003042 fidelity 1205041 surety 5815011
plate glass 1019223 burglary and theft 3590481
auto and teams prop dam 1162069 total 335420 66
6 Net premiums 6849595 health 5584735 liability
69925647 workmens compensation 39195346
fidelity 5754604 surety 28136508 plate glass
4024852 burglaTy and theft 9876316 auto and
teams prop dam 6735291 workmens collective
1018289 total 1771011 83
21 Policy fees required or represented by applications 7836 00
23 Gross interest on mortgage loans 75 00
24 Gross interest on collateral loans 201 04
25 Gtoss interest on bonds and dividends on stocks 66464 53
26 Gross interest on deposits in trust companies and banks 1882 10
29 Miscellaneous 253 95
32 From other sources Profit and loss 75 0O
34 Exchange check 41 54
37 From agents balances previously charged off 21 68
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 41S3 31
40 Total income 1851895 98
IIIDisbursements
1 Gross amount paid for losses Accident 2919816
health 2182818 liability 14605167 workmens
compsn 7530158 fidelity 416254 surety 101
03598 plate glass 920001 burglary and theft 35
59796 auto and teams property damage 1254967
workmens collective 197221 total
2 Deduct reinsurance Accident 30480
health 66070 liability 75000
surety 1750076 plate glass 971
burglary and theft 134342 total
3 Deduct salvage health 2411 liability
3800 fidelity 48411 surety 24
31211 plafe glass 14618 burglary
and theft 18030 auto and teams
prop damage 300 total
436897 96
20569 39
25187 811004
ComptrollerGenerals Report
4 Total deduction Accident 30480 health 68481
liability 78800 fidelity 48411 surety 4181287
plate glass 15589 burglary and theft 152372
auto and teams property damage 300 total
5 Net amount paid policyholders lor losses Accident
2889336 health 2114337 liability 14364992
workmens compsn 7530158 fidelity 367843
Surety 5922311 plate glass 904412 burglary and
theft 3407424 auto and teams property damage
1416042 workmens collective 197221 total
18 Investigation and adjustment of claims viz Accident
43645 health 8313 liability 2565673 workmens
compensation 1143724 fidelity 6555 surety 4
91397 burglary and theft 59807 auto and teams
property damage 163250 workmens collective
3020 total
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 2434047 health 2066623 liab
ility 19169821 workmens compensation 48
0608 fidelity 1275260 surety 7981226 plate
glass 1176030 burglary and theft 2771475 auto
and teams property damage 1547070 workmens
collective 675 total
29 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
32 Inspection other than medical and claim
33 Rent N
36 State taxes on premiums
37 Insurance department licenses and fees state license
97001 ins dept fee 264478 agts license 1
78075 total
is All other licenses fees anil taxes Munclpal license
41 Taxes and licenses other than state
42 ompulsory adv
43 Legal expenses
44 Advertising
45 Printing and stationery
10 Postage telegraph telephone and express
47 Furniture and fixtures
49 Other disbursements Travel 771003 general expense
622802 miscel exp 553111 total
51 Consolidation expense
52 Premiums in suspense 1912 statement
45757 20
391140 76
44853 84
7836 00
32289 21
92711
931 18 41
181 7 11
7128 46
8278 51
131 54
50 00
237 IK
541 53
f423 87
1855 24
19669
9600 95
7630 37
19470 00
1000 00
26 01
CompteollekGenekals Report 1005
53 Profit and loss 530 65
55 Gross loss on sale or maturity of ledger assets viz
Bonds 65 50
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds 389 14
57 Total disbursements 1155079 55
IVLedger Assets
1 Book value of real estate 10000 00
2 Mortgage loans on real estate 39512 75
4 Book value of bonds 158368055 and stocks 279
27423 total 1862954 78
5 Cash in companys office 10446 57
6 Deposit in trust companies and banks not on interest 7630 05
7 Deposits in trust companies and banks on interest 141400 44
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 196622 health
746505 liability 5532477 work
mens compensation 12484619 fidel
ity 496120 surety 3452523 plate
glass 1121423 burglary and theft
2533433 auto and teams prop dam
542172 workmens collective 7
26575 total 27832489
On policies or renewals issued prior to
Oct 1 1913 Accident 200451 health
34572 liability 1202326 workmens
compensation 8233200 fidelity 3
95303 surety 5131660 plate fluss
51991 burglary and theft 1303214
auto and teams prop dam 801091
workmens collective 287693 total 176415 01
25 Total 4547n 70
27 Other ledger assets viz Excise reinsurance companies
684951 E 1 Fairfield 47500 782 I 1
29 Agts ledger balances 592944 adv on contracts 26
08077 total 32010 21
30 Deposit with surety assn 500 00
31 Ledger assets 2566519 011006 ComptrollerGenerals Eeport
NonLedger Assets
32 Interest on mortgages 279 62
33 Interest accrued on bonds 14858 57
44 Gross assets 2581 657 20
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to Oct 1 1913 176415 01
53 Agents ledger balances 5929 44
54 Schedule A 3282 02
55 Stocks and bonds 56828 53
56 Advance on contracts 1145811 E J
Fairfield 475 total 11933 41
57 Admitted assets 2327268 79
VLiabilities
1 Losses and claims adjusted Accident 584638 health
124309 fidelity 12106 burglary and theft
90845 total 811 98
2 Losses and claims reported or in process of adjustment
Accident 664191 health 452346 fidelity 3
98188 surety 7811500 plate glass 31820 burg
lary and theft 1292459 auto and teams prop dam
737559 total 113882 63
3 Losses and claims incurred but not reported Surety
250000 plate glass 80758 total 3307 58
4 Losses and claims resisted Accident 150000 health
20000 fidelity 308500 surety 70000 burglary
and theft 150000 auto and team property damage
370000 total 10655 00
5 Total losses and claims Accident 1398829 health 5
96855 fidelity 718794 surety 8131500 plate
glass 112578 burglary and theft 1533304 auto
and teams property damage 1107559 total J35Pv4 9
6 Deduct reinsurance Accident 5000 health 7500
burglary and theft 164100 total 1766 00
Net unpaid claims except liability and workmens comp
claims Accident 1393829 health 589355 fidel
ity 718794 surety 8131500 plate glass 112578
burglary and theft 1369204 auto and teams prop
erty damage 1107559 total

134228 19ComptrollebGeneeals Eeport 1007
17 Special reserve for unpaid liability and workmens com
pensation losses
361737 57
20 Total unpaid claims
21 Estimated expenses of investigation and adjustment of
unpaid claims Surety 180 97
23 Burglary and theft
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
131427809 unearned premiums pro rata oaiflM
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
13341335 unearned premiums pro rata
99 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after Oct 1 1913 viz Accident 72368 health
2 64827 liability 1383119 workmens compensa
tion 2184808 fidelity 122145 surety 1009518
plate glass 359080 Burglary and theft 858327
auto and teams property damage 135543 work
mens collective 242192 total bbdly
34 Salaries rents expenses bills accounts fees etc due
or accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital 1176386
52 Capital actually paid up in cash W00
53 Surplus over all liabilities MM
54 Surplus as regards policyholdcrs 1d
2327268 79
55 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 374036 health
309894 liability 457883 plate glass 384048
burglary and theft 116634 auto and teams prop
damage 56915 workmen s collective 3820 total 17032 30
Gross losses paid Accident 51750 health 4078
liability 26075 plate glass 53074 burglary and
theft 2000 auto and teams property damage jv
2945 total 1008
ComptrollerGenerals Keport
NEW YORK PLATE GLASS INSURANCE COMPANY
Major A White President JC French 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 1038850 88
IIIncome
Gross premiums written and renewed during the year Plate
Glass 75567125
Deduct reinsurance Plate glass 421 66
Deduct return premiums on policies can
celled Plate glass 9196128
Deduct premium on policies not taken
Plate glass 54785 47
Total deductions Plate glass
23
25
26
31
37
38
Net premiums
Gross interest on mortgage loans 70 00
Gross interest on bonds and dividends on
stocks less 7455 accrued interest on
bonds acquired during 1913 37173 75
Gross interest on deposits in trust compa
nies and banks 807 79
147168 41
608502 84
Total gross interest and rents 38 051 54
From agents balances previously charged off 139 23
Gross profit on sale or maturity of ledger assets viz Bonds 6 25
Stocks 1098 33
40 Total income 647798 19
IIIDisbursements
i Gross amount paid for losses Plate glass
3 Deduct salvage Plate glass
K Net amount paid policyholders for losses Plate glass
24 commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Plate
284929 78
6985 71
277944 07
213049 91ComptkollekGeneeals Repoet
1009
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not paid
by commissions
33 Bents
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
40 Municipal licenses
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends amount declared
during the year 32000
50 Underwriters association
51 Mercantile reports
52 Sundry office expenses
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz Bonds
66428 41
Total disbursements
4264 06
12503 SO
8696 18
7667 13
774 50
673 12
314 12
493 48
2320 88
2301 07
320 28
32000 00
3436 68
75 00
543 75
379 57
12 50
634198 51
jrvLedger Assets
2 Mortgage loans on real estate first liensi
4 Book value of bonds 18760381 and stocks 67564550
total
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 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Plate glass
On policies or renewals issued prior to Oc
tober 1 1913 Plate glass
139608 92
3702 82
25 Totals
1000 00
863249 31
9115 35
3644 58
32129 58
143311 74
31 Ledger assets
1052450 56
NonLedger Assets
32 Interest accrued on mortgages
33 Interest due 250 and accrued 260233 on bonds
9 50
2852 33
44 Gross assets 1055312 391010 ComptrollerGenerals Report
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 3702 82
51 Overdue and accrued interest on bonds in
default 270 83
53 Stocks and bonds 97769 31
57 Admitted assets 953569 43
VLiabilities
1 Losses and claims adjusted Plate glass 9499 25
2 Losses and claims reported or in process of adjustment
Plate glass 576 00
5 Total losses and claims Plate glass 15275 25
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 60116170
unearned premiums fifty per cent 300580 85
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 45
54389 unearned premiums pro rata 21675 80
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Plate glass 45591 63
34 Salaries rents expenses bills accounts fees etc due or
accrued 1000 00
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 4000 00
36 Dividends declared and unpaid to stockholders 8000 00
43 Eeserve for contingent losses 10000 00
51 Total amount of all liabilities except capital 406123 53
52 Capital actually paid up in cash 200000 00
53 Surplus over all liabilities 347445 90
54 Surplus as regards policyholders 547445 90
55 Total liabilities 953569 43
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Plate glass 2858 65
Gross losses paid Plate glass 1367 82ComptrollerGenerals Eepoet
1011
THE NORTH AMERICAN ACCIDENT INSURANCE COMPANY
E C Waller President
A E Forrest 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
IIIncome
756088 00
1 Gross premiums written and renewed during the year Ac
cident
2 Deduct reinsurance Accident
3 Deduct return premiums on policies can
celled Accident
4 Deduct premium on policies not taken Ac
1231338 42
71354 23
85719 94
eident
5 Total deductions Accident
1145618 48
6 Net premiums Accident
21 Policy fees required or represented by applications 2St6bb
23 Gross interest on mortgage loans less
26034 accrued interest on mortgages
acquired during 1913
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks less 12487 accrued interest on
bonds acquired during 1913
26 Gross interest on deposits in trust compa
nies and banks
28 Advances to agents
10272 74
2636 94
19826 38
730 37
182 38
31 Total gross interest and rents
40 Total income
IIIDisbursements
33648 81
1411633 10
1 Gross amount paid for losses Accident
2 Deduct reinsurance Accident
458732 22
3054 00
5 Net amount paid policyholders for losses Accident 455678 22
18 Investigation and adjustment of claims viz Accident
23 Policy fees retained by agents
4940 21
232365 811012
ComptrollerGeneral s Eeport
24 Commissions or brokerage less amount received on return
premiums ami reinsurance for the following classes
Accident
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
33 Bents
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
40 Municipal licenses and taxes
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends amount declared
during the year 40000
50 Bank exchange
51 Hospital fees
52 Incidental expense
53 Traveling expense home office
54 Agents balances charged off
374439 21
107097 98
87349 87
3961 48
8114 96
16951 00
11637 52
667 44
1717 61
2522 33
3328 09
16435 63
12105 91
4458 97
40000 00
1258 03
3959 46
5749 41
5976 40
3725 30
57 Total disbursements
1404440 84
IVLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other collaterals
4 Book value of bonds
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 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 21555 82
On policies or renewals issued prior to Oc
tober 1 1913 Accident 1374 00
25 Total
26 Bills receivable
28 Cash in branch offices for current use
190650 00
42500 00
435640 00
3244 73
13068 92
47384 99
23429 82
6846 94
514 86
31 Ledger assets
763280 2632
33
34
42
ComptrollerGeneral s Report
NonLedger Assets
Interest due 8750 and accrued 311799 on mortgages
Interest due 5500 and accrued 329205 on bonds
Interest accrued on collateral loans
Furniture and fixtures
44 Gross assets
Deduct Assets Not Admitted
46 Bills receivable
47 Furniture and fixtures
50 Premiums in course of collection written
prior to October 1 1913
51 Overdue and accrued interest on bonds in
default
52 Book value of ledger assets over market
value viz Bonds
55 Special deposits to secure liabilities in Mex
ico
6846 94
13000 00
1874 00
5500 00
13611 00
6077 65
1013
3205 49
8792 05
243 92
13000 00
788521 7
57 Admitted assets
741612 13
VLiabilities
2 Losses and claims reported or in process of adjustment Ac
cident
3 Losses and claims incurred but not reported Accident
4 Losses and claims resisted Accident
5 Total losses and claims Accident
6 Deduct reinsurance Accident
7 Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident
21 Estimated expenses of investigation and adjustment of un
paid claims Accident
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 28237415
unearned premiums fifty per cent
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 4
80000 unearned premiums pro rata
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident
64740 83
16000 00
12119 33
92860 16
75 00
92785 16
500 00
141187 08
3027 50
7263 241014
ComptrollerGeneral s Report
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
40 Reinsurance
41 Advance premiums one hundred per cent
47 Total j
48 Less liabilities secured by special deposits Unearned pre
miums 565480 unpaid losses 42285 total
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash 200000 00
53 Surplus over all liabilities 250142 01
54 Surplus as regards policy holders
55 Total liabilities
Business in The State of GeoTgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident
Gross losses paid Accident
990 21
18000 00
980 58
32814 00
297547 77
6077 65
291470 12
450142 01
741612 13
20370 61
9480 96
THE OCEAN ACCIDENT AND GUARANTEE CORPORATION LTD
William J Gardner Manager and Attorney for the United States
Edgar Dunlap Attorney for Service
ICapital Stock
1 Amount of deposit capital 250000 00
2 Amount of ledger assets as per balance December 31 of
previous year
4999263 90
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 46986275 health 14220055 liability 2
70725061 workmens compensation 94641588 fidel
ity 5097956 plate glass 10777989 steam boiler
11770249 burglary and theft 36326114 credit
42563422 auto and teams property damage 251
07970 workmens collective 4021530 total 5622382 09ComptrollerGenerals Report 3015
2 Deduct reinsurance Accident 4877830
health 351142 liability 394608
workmens compensation 168603 fidel
ity 246712 steam boiler 7464 74
burglary and theft 6021369 total 12806 38
3 Deduct return premiums on policies can
celled Accident 1415568 health o
39199 liability 33612777 work
mens compensation 8502656 fidelity
234964 plate glass 391301 steam
boiler 838953 burglary and theft
2315746 credit 397666 auto and
teams property damage 3026225
workmens collective 160684 total 514357 3J
4 Deduct premium on policies not taken Ac
cident 7761515 health 3057889
liability 29568184 workmens com
pensation 11739796 fidelity 3
66501 plate glass 1941202 steam
boiler 1843942 burglary and theft
6405665 auto and teams property dam
age 43 91143 workmens collective
age iji 673536 02
277765 total
5 Total deductions Accident 14054913 health 3948230
liability 63575569 workmens compensation 204
5ffidelity 848177 plate glass 2332508 team
boiler 3429369 burglary and thett mWW
credit 397666 auto and teams property damage 74
17368 workmens collective 438449 total I3159b0 t
6 Net premiums Accident 32931362 health 10271825
liability 07149492 workmens compensation 742
30533 fidelity 4249779 plate glass 8445486 steam
boiler 8340880 burglary and theft 21583dd4
credit 42165756 auto and teams property damage
176 906 02 workmens collective 3583081 total 4306421 30
23 Gross interest on mortgage loans Vou
25 Gross interest on bonds and dividends on
stocks
26 Gross interest on deposits in trust compa
nies and banks
29 Gross interest on notes for premiums etc iW
179362 20
31 Total gross interest and rent
38 Gross profit on sale or maturity of ledger assets viz Bonds5J4
4485789 14
40 Total income 1016
ComptrollerGenerals Eeport
IIIDisbursements
Gross amount paid for losses Accident 15776992
health 4891292 liability 128685168 workmens
compensation 18443236 fidelity 743927 plate
glass 3555275 steam boiler 174364 burglary and
theft 8883684 credit 39319710 auto and teams
property damage 6855890 workmens collective 30
54362 total
Deduct reinsurance Accident 2037087
health 61452 liability 1097333
steam boiler 87178 burglary and theft
2229461 total 55jl25 U
Deduct salvage Fidelity 487004 plate
glass 11578 burglary and theft
60113 credit 7155318 auto and
teams property damage 124772 total 78387 85
2303839 00

4 Total deduction Accident 2037087 health 61452
liability 1097333 fidelity 487004 plate glass
11578 steam boiler 87178 burglary and theft 22
89574 credit 7155318 auto and teams property dam
age 124772 total
5 Net amount paid policyholders for losses Accident 137
39905 health 4829840 liability 127587835
workmens compensation 18443236 fidelity 256923
plate glass 3543697 steam boiler 87186 burglary
and theft 6594110 credit 32164392 auto and teams
property damage 6731118 workmens collective 30
54362 total
18 Investigation and adjustment of claims viz Accident 12
94424 health 431360 liability 22768114 work
mens compensation 3605330 fidelity 290183 plate
glass 133156 steam boiler 117666 burglary and
theft 1228677 credit 1327725 auto and teams
property damage 890911 workmens collective 1
15570 total
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cidents 11869851 health 3714384 liability 495
69153 workmens compensation 9936069 fidelity
949803 plate glass 2958401 steam boiler 22
27817 burglary and theft 6060958 credit 82
06400 auto and teams property damage 4059671
workmens collective 736289 total
Salaries fees and all other compensation of officers direc
tors trustees and home office employees
24
29
133512 96
2170326 04
322031 16
1002882 96
205730 16ComptrollerGeneral s Report
1017
30 Salaries traveling and all other expenses of agents not paid
by commissions 110091 12
32 Inspection other than medical and claim 66753 25
33 Bents 25259 54
36 State taxes on premiums 77320 01
37 Insurance department licenses and fees 4854 22
39 Federal corporation tax 8211 38
40 Agents licenses 2944 1
41 City and county tax on premiums 2913 62
42 Publication fees 594 54
43 Legal expenses 701 69
44 Advertising 5562 06
45 Printing and stationery 13576 23
46 Postage telegraph telephone and express 11017 19
47 Furniture and fixtures 5320 33
49 Other disbursements Surety bonds 19339 publication
subscription 34424 auditors fees 200000 discount
and exchange 111182 inspection and mercantile re
ports 225150 general expenses 2079857 interest
on investment and dividends to home office 13300000
total 159699 52
54 Agents balances charged off 3236 16
57 Total disbursements 4199025 28
IVLedger Assets
2 Mortgage loans on real estate first liens 141000 00
4 Book value of bonds 4334802 92
6 Deposit in trust companies and banks not on interest 17699 44
7 Deposits in trust companies and banks on interest 80551 64
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 4229356 health
1769181 liability 28026642 work
mens compensation 13671338 fidel
ity 818447 plate glass 1598432
steam boiler 1371405 burglary and
theft 4049225 auto and teams prop
erty damage 2620059 workmens
collective 290635 total 584447 20
On policies or renewals issued prior to Oc
tober 1 1913 Accident 261196
health 72296 liability 1474256
workmens compensation 1598649
fidelity 22915 plate glass 71473
steam boiler 83357 burglary and1018
ComptrollerGenerals Keport
26
32
33
44
46
50
53
54
56
theft 163494 auto and teams prop
erty damage 120388 workmens col
lective 45967 total 39139 91
Total 623587 11
Bills receivable 6189 60
NonLedger Assets
Interest accrued on mortgages 1410 00
Interest due 2935334 and accrued 2408102 on bonds 53434 36
Gross assets 5340872 12
Deduct Assets Not Admitted
Bills receivable 6189 60
Premiums in course of collection written
prior to October 1 1913 39139 91
Decrease in market value of bonds 341161 92
Agents balances 72008 90
Total 458500 33
Admitted assets 4882371 79
VLiabilities
Losses and claims adjusted Credit on policies expiring
prior to October 1913 Agreement
Losses and claims reported in process of adjustment Acci
dent 2815200 health 1353000 fidelity 875000
plate glass 342000 steam boiler 57500 burglary
and theft 1797500 credit on policies expiring prior to
October 1913 3008000 auto and teams property dam
age 2311500 workmens collective 255000 total
Losses and claims resisted Accident 1450000 burglary
and theft 420000 credit on policies expiring prior to
October 1913 635000 auto and teams property dam
age 582000 total
Total losses and claims Accident 4265200 health 13
53000 fidelity 870000 plate glass 342000 steam
boiler 57500 burglary and theft 2217500 credit
on policies expiring prior to October 1913 4365500
auto and teams property damage 2893500 workmen s
collective 255000 total
Deduct reinsurance Accident 260000 burglary and
theft 800500 total
7225 00
128097 00
30870 00
166192 00
1005 00ComptrollerGenerals Report 1019
7 Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident 4005200 health 1353000
fidelity 870000 plate glass 342000 steam boiler
57500 burglary and theft 1417000 credit on poli
cies expiring prior to October 1913 4365500 auto and
teams property damage 2893500 workmens collee
o1 155587 00
tive 25o000 total n
17 Special reserve for unpaid liability and workmen s compen
901090 56
sation losses
18 Special reserve for credit losses on policies expiring in Oc
teber November and December 1913 being fifty per
cent of 15170750 gross premiums received on said
policies less 1638205 paid during said months on
59 471 70
losses under said policies
19 Special reserve for accrued losses on credit policies in force
December 31 1913 being fifty per cent of 19559840
Q7 7QQ OQ
earned premiums on said policies
1213948 46
20 Total unpaid claims
21 Estimated expenses of investigation and adjustment of un
paid claims Accident 2000 health 300 fidelity
300 plate glass 200 steam boiler 50 burglary and
theft 500 auto and teams property damage 2500
workmens collective 150 total 6000 00
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 2527
07920 unearned premiums fifty per cent 1244815 42
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 511
93713 unearned premiums pro rata
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident 1560632
health 654597 liability 6418101 workmens com
pensation 2310449 fidelity 194790 plate glass
577034 steam boiler 356565 burglary and theft
12 IKS 17 auto and teams property damage 623574
workmen B collective 55511 total 139700 70
34 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 tins
statement 100 ComptbollebGenerals Kbport
39 Return premiums g01 g
42 Other liabilities 600000 0
51 Total amount of all liabilities except capital 3 583 064 56
54 Surplus as regards polieyholders 1 299 307 23
55 Total liabilities 4 gga 01 q
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 396997 health
144368 liability 2637390 fidelity 1240 plate
glass 62341 steam boiler 99994 burglary and
theft 300408 credit 961000 auto and teams prop
erty damage 128731 workmens collective 13
00746 total 60307 3
Gross losses paid Accident 78238 health 54243 lia
bility 3607623 fidelity 56215 plate glass 12745
burglary and theft 24724 credit 1791110 auto
and teams property damage 22066 workmens collec
tive 979399 total 6i263 63
PACIFIC MUTUAL LIFE INS CO ACCIDENT DEPARTMENT
OF LOS ANGELES CALIFORNIA
Geo I Cochran President C I D Moore Secretary
A Harmon Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up in cash 1000000 00
2 Amount of ledger assets as per balance December 31
of previous year 1969507 44
IIIncome
1 Gross premiums written and renewed during the year
Accident 195899938 health 52479982 total 24S3799 20
2 Deduct reinsurance Accident 533851
health 143456 total 6773 06
3 Deduct return premiums on policies can
celled Accident 2549654 health
760324 total 33 099 7gHI
ComptrollerGeneral s Report
1021
4 Premiums onpolicies not taken Accident
37391767 health 9939584 total 473313 51
5 Total deductions Accident 404752 71 health 108
43364 total
6 Net premiums Accident 155424667 health 416
36618 totali
21 Policy fees required or represented by applicationsi
23 Gross interest on mortgage loans less 315790 accrued
interest on mortgages acquired during 1913
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on stocks less
8333 accrued interest on bonds acquired during 1913
26 Gross interest on deposits in trust companies and banks
28 Interest on agents balances
33 Ledger assets other than premiums received from other
companies Pacific Mutual Indy Co for assuming
their risks
37 From agents balances previously charged off
38 Gross profit on sale or maturity of ledger assets viz
Bonds
40 Total income
513186 35
t 1970612 85
34370 00
59910 19
11952 51
42664 17
265 04
19 27
72069 36
7310 39
7589 16
2206762 94
IIIDisbursements
1 Gross amount paid for losses Accident 67973009
health 21589984 total
2 Deduct reinsurance Accident 126676
health 5570 total 1322 46
4 Total deductions Accident 126676 health 5570
5 Net amount paid policyholders for losses Accident
67846333 health 21584414 total
18 Investigation and adjustment of claims viz Accident
1084871 health 344600 total
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 49506826 health 13160043
29 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
895629 93
1322 46
894307 47
14294 71
34370 00
626668 69
147783 02
36454 65
23052 71
1949 881022
ComptrollerGenerals Eeport
33 Rents including 720000 for companys occupancy of
its own bldgs 22262 45
36 State taxes on premiums 32800 81
37 Insurance department licenses and fees 4507 60
38 All other licenses fees and taxes Federal corporation
tax 1411 41
40 Personal property tax 270 50
41 State and municipal licenses 1298 81
43 Legal expenses 9633 40
44 Advertising 7811 8i
45 Printing and stationery 23080 01
46 Postage telegraph telephone and express 17771 95
47 Furniture and fixtures 3134 01
48 Stockholders for interest or dividends amount declared
during the year 13000000 80000 00
50 Premiums on surety bonds 448 14
51 Association dues 165 00
52 General expenses petty items 1215 38
54 Agents balances charged off 16442 02
55 Gross loss on sale or maturity of ledger assets viz
bonds 1265 08
57 Total disbursements 2002399 07
IVLedger Assets
2 Mortgage loans on real estate 1300450 00
3 Loans secured by pledge of bonds stocks or other
collaterals 305000 00
4 Book value of bonds 86000 00
5 Cash in companys office including 6500 in transit 87527 55
6 Deposit in trust companies and banks not on interest 1360S 25
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 29942352
health 7959360 total 379017 12
On policies or renewals issued prior to
Oct 1 1913 Accident 179203
health 47636 total 2268 39
25 Totals 881285 51
31 Ledger assets 2173S71 31
NonLedger Assets
32 Interest accrued on mortgages 22506 99
33 Interest accrued on bonds 860 00ComptrollerGenerals Repoiv
1023
34 Interest accrued on collateral loans
42 Due from reinsurance companies account
claims paid
44 Gross assets
204 27
Deduct Assets Not Admitted
2199822 58
50 Premiums in course of collection written
prior to Oct 1 1913
2268 39
2197554 19
57 Admitted assets accident dept 140597 80
Admitted assets life dept
29338151 99
Total admitted assets
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 9125441 health 1987722 total
3 Losses and claims incurred but not reported Accident
1 LoTs and claims resisted Accident 4720000 health
14040 total
5 Total losses and claims Accident 13875441 health
2001762 total
6 Deduct reinsurance Accident
7 Net unpaid claims except liability and workmenscomp
claims Accident 13555441 health 2001762
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 120000 health 30000
26 Gross premiums less reinsurance upon all unexpvred
risks running one year or less from date of policy
1 471 53866 unearned premiums fifty per cent
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on police issued or
or after October 1 1913 viz Accident 9581552
health 2546995
34 Salaries rents expenses bills accounts fees etc due
or accrued 1
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
36 Dividends declared and unpaid to stockholders
111131 63
300 00
47340 40
158772 03
3200 00
155572 03
1500 00
735769 33
121285 47
8522 17
36000 00
50000 001024 ComptrollerGenerals Eeport
41 Advance premiums one hundred per cent 9 665 65
43 Reserve for contingencies 3 839 54
49 Total liability ace dept 1122 154 19
50 Total liabilities life dept 26271 836 39
51 Total amount of all liabilities except capital 27393990 58
52 Capital actually paid up in cash 1000000 00
53 Surplus over all liabilities including life
dept 86876141 94416141
54 Surplus as regards polieyholders 1 944 161 41
55 Total liabilities 29 338 151 99
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written
or renewed during the year Accident 2563594
health 1350242 total 39133 36
Gross losses paid Accident 1225400 health 845335 20707 35
PREFERRED ACCIDENT INSURANCE COMPANY
Home Office 80 Maiden Lane New York N Y
Kimball C Atvvood President Wilfrid C Potter Secretary
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 3n5i308 67
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 125983673 health 36615173 liability 471
85110 workmens compensation 393044 plate glass
4587717 burglary and theft 12467462 auto and
teams property damage 28201248 total 2554334 27
2 Deduct reinsurance Accident 4281447
health 786380 liability 442724
burglary and theft 1776497 total 72870 48ComptkollerGeneeals Report
1025
3 Deduct return premiums on policies can
celled Accident 527165 health 2
98928 liability 5467894 workmens
compensation 51271 plate glass 2
38440 burglary and theft 701374
auto and teams property damage 36
38012 total 19230 84
4 Deduct premium on policies not taken Ac
cident 13242379 health 6643126
liability 11136229 workmens com
pensation 85463 plate glass 133
36959 burglary and theft 1915651
auto and teams property damage 58
04481 total 401642 88
5 Total deductions Accident 18050991 health 7728434
liability 17046847 workmens compensation 1
36734 plate glass 1575399 burglary and theft 43
93522 auto and teams property damage 9442493
583744 20
total
6 Net premiums Accident 107932682 health 288
86739 liability 30138263 workmens compensation
256310 plate glass 3012318 burglary and theft
80 739 40 auto and teams property damage 187
5875 total 1970590 07
23 Gross interest on mortgage loans 3750 00
25 Gross interest on bonds and dividends on
stocks less 156597 accrued interest on
bonds acquired during 1913 99967 09
26 Gross interest on deposits in trust compa
nies and banks 1353 58
27 Gross interest from agency accounts 131 50
31 Total gross interests Ill on
38 Gross profit on sale or maturity of ledger assets viz Bonds 2150 00
40 Total income 2077942 25
IIIDisbursements
1 Gross amount paid for losses Accident 52367381
health 11955533 liability 11087030 workmens
compensation 173991 plate glass 1299357 bur
glary and theft 2997432 auto and teams property
damage 6406736 total 62874 60
2 Deduct reinsurance Accident 1757625
health 608495 burglary and theft
349953 total 27160 731026
ComptrollerGenerals Report
Deduct salvage Liability 40018 plate
glass 21238 burglary and theft 1
03200 auto and teams property damage
196473 total
3609 29
4 Total deduction Accident 1757625 health 608495
liability 40018 plate glass 21238 burglary and
theft 453153 auto and teams property damage 1
96473 total
5 Xet amount paid policyholders for losses Accident 506
09756 health 11347038 liability 11047012 work
mens compensation 173991 plate glass 1278119
burglary and theft 2544279 auto and teams property
damage 6210263 total
18 Investigation and adjustment of claims viz Accident 19
49023 health 649674 liability 2945376 work
mens compensation 45375 plate glass 2585 bur
glary and theft 155257 auto and teams property
damage 895396 total
24 ommissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 33528238 health 8311509 liability 86
36991 workmens compensation 73730 plate glass
970976 burglary and theft 2728715 auto and
teams property damage 5594817 total
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
30 Salaries traveling and all other expenses of agents not paid
by commissions
31 Medical examiners fees and salaries
32 I ospection other than medical and claim
33 Bents
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
4il City fees and taxes
41 County taxes and all other fees
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
17 Furniture and fixtures
48 Stockholders for interest or dividends amount declared
during the year 168000
50 Exchange 120376 water ice towels etc 67556 car
fare 30625 total
30770 02
832104 58
1426 86
598449 76
165558 41
36105 63
6471 58
4085 17
22261 36
29998 41
3980 98
5316 50
1385 28
549 62
829 00
4850 25
11602 15
7756 32
1705 53
168000 00
2185 57COMPTROLLERGrFERALS REPORT
1027
51 Insp and judge election 60 wedding presents 265 rent
vault 75 total
52 Exam sectys 40 porters etc 14679 bur of pub
495 total
53 Plate glass assn 50625 burglary and theft bur 15199
workmens compensation B 23321 all others 50635
total
400 00
681 79
1397 80
57 Total
1 972 10 55
disbursements 1MIU
IVLedger Assets
2 Mortgage loans on real estate first liensi
4 Book value of bonds 237778670 and stocks 220
41936 total
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 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 16133856
health 5377951 liability 7012348
workmens compensation 36877 plate
glass 534585 burglary and theft
2216555 auto and teams property
damage 3737843 total
On policies or renewals issued prior to Oc
tober 1 1913 Accident 2911148
health 970383 liability 314515
plate glass 23675 burglary and theft
10542 auto and teams property dam
age 173891 total
350500 15
44041 54
75000 00
2598206 06
1894 03
50000 00
84594 58
25 Total
26 Bills receivable
28 Advances to agents
29 Workmens compensation reinsurance and insurance bureau
30 Massachusetts Bonding Company
31 Ledger assets
394541 69
4145 61
12216 63
293 45
256 32
3221148 37

NonLedger Assets
33 Interest accrued on bonds
44 Gross assets
26888 11
3248036 481028 ComptrollerGenerals Eeport
Deduct Assets Not Admitted
46 Bills receivable 4145 61
50 Premiums in course of collection written
prior to October 1 1913 44041 54
53 Bonds and stocks 206047 27
54 Advance to agents 12216 63
57 Admitted assets 2981585 43
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 5691377 health 1428924 plate glass
134589 burglary and theft 620900 auto and teams
property damage 1665400 total 95411 90
3 Losses and claims incurred but not reported Accident 9
75000 health 437500 plate glass 25400 burglary
and theft 80000 auto and teams property damage
22500 total 15404 00
4 Losses and claims resisted Accident 4600666 health
97500 burglary and theft 25000 total 47231 66
5 Total losses and claims Accident 11267043 health
1963924 plate glass 159989 burglary and theft
725900 auto and teams property damage 1687900
total 158047 56
6 Deduct reinsurance Burglary and theft 193 00
7 Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident 11267043 health 1963924
plate glass 159989 burglary and theft 706600
auto and teams property damage 1687900 total 157854 56
17 Special reserve for unpaid liability and workmens com
pensation losses 75492 00
20 Total unpaid claims 233346 56
21 Estimated expenses of investigation and adjustment of un
paid claims Accident 1700 health 500 burglary
and theft 300 auto and teams property damage 2
500 total 5000 00
26 dross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 1847
30375 unearned premiums fifty per cent 939018 27
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 45
85023 unearned premiums pro rata 32535 08CompteolleeGenebals Report 1029
29 Commissions brokerage and other charges due or to become
hie to agents or brokers on policies issued on or after
October 1 1913 viz Accident 3821049 health
1311244 liability 809515 workmens compensa
tion 4213 plate glass 145333 burglary and theft
4 35538 auto and teams property damage 452580
69794 72
total
34 Salaries rents expenses bills accounts fees etc due or
6494 45
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
35000 00
s T n T p m put
36 Dividends declared and unpaid to stockholders 14000 00
40 Eeinsurance
41 Advance premiums one hundred per cent
43 Reserve for contingent installment policies 91489 28
44 Voluntary reserve for contingencies 100000 00
51 Total amount of all liabilities except capital 1535669 35
52 Capital actually paid up in cash 700000 00
53 Surplus over all liabilities 745916 08
54 Surplus as regards policyholders 1445916 08
2981585 43
55 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident 620499 health 1
67506 liability 14508 plate glass 20569 burglary
and theft 37851 total 8609 33
Gross losses paid Accident 224703 health 70676 lia
bility 79295 plate glass 8200 burglary and theft
3300 total 3861 74
THE PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OF
CHATTANOOGA TENNESSEE
Thos Maclellan President BoW J Maciellan Secretary
Hon W A Wright Ins Comr of Ga Attorney for Service
ICapital Stock
1 Amount of capital paid up in cash 150000 00
Amount of ledger assets as per balance December 31
ilu B oga 525 29
of previous year p1030
ComptrollerGenerals Report
IIIncome
1 Gross premiums written and renewed during the year
Accident and health
21 Policy fees required or represented by applications
23 Gross interest on mortgage loans less 39331 accrued
interest on mortgages acquired during 1913
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on stocks less
1200 accrued interest on bonds acquired during 1913
26 Gross interest on deposits in trust companies and banks
27 Gross interest from all other sources Bills receivable
paid in 1913
IIIDisbursements
1 Gross amount paid for losses Accident and health
18 Investigation and adjustment of claims viz Accident
and health
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health
29 Salaries fees and all other compensation of officers dir
ectors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
38 All other licenses fees and taxes Federal corporation
tax 3063 Municipal taxes 127585 state and
county taxes 124750 total
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
48 Stockholders for interest or dividends
50 Traveling expenses
51 General expenses
54 Agents balances charged off
57 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other col
laterals
278366 42
4306 84
5633 91
614 66
2595 88
300 00
410 08
119750 70
3514 38
4306 84
82693 32
26312 15
11850 95
230 00
2383 08
2833 35
1790 79
2153 98
1622 65
1198 66
2336 01
2371 50
19000 00
3743 83
84S 29
526 41
289866 89
131280 in
10000 00
ComptrollerGenerals Report
1031
4 Book value of bonds
6 Deposit in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident and health
31282 73
25 Total
28 Agents debit balances
29 Furniture and fixtures
31 Ledger assets
NonLedger Assets
32 Interest accrued on mortgages
33 Interest accrued on bonds
34 Interest accrued on collateral loans
2167 26
168 33
162 50
44 Gross assets
Deduct Assets Not Admitted
47 Furniture and fixtures
52 Book value of ledger assets over market
value viz Agents debit balances
3086 98
1026 33
57 Admitted assets
VLiabilities
2 Reported or in process of adjustment
Accident and
health
17 Special reserve for unreported losses

20 Total unpaid claims
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
2298064 unearned premiums fifty per cent
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on polices issued on
or after October 1 1913 viz Accident and health
34 Salaries rents expenses bills accounts fees etc due
or accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
30375 00
23834 75
5000 00
31282 73
1026 33
3086 98
235886 19
51 Total amount of all liabilities except capital
238384 28
234270 97
3244 73
9500 00
12744 73
11490 32
5500 00
300 00
5901 93
35930 88
1032 ComptrollerGenerals Report
52 Capital actually paid up in cash 150000 00
53 Surplus over all liabilities 48333 99
54 Surplus as regards policyholders 198333 99
55 Total liabilities 234270 97
Business in The State of Georgia During The Year
Gross premiums less return premium on risks written or
renewed during the year Acicdent and health 7618 39
Gross losses paid Accident and health 4022 85
RELIANCE LIFE INSURANCE COMPANY OF PITTSBURGH
lames N Reed President H G Scott Secretary
T N Pearee Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up in cash 1000000 00
2 Amount of ledger assets as per balance December 31
of previous year 3 906 38
IIIncome
1 iross premiums written and renewed during he year
Accident 4879152 health 2230980 total 71101 32
2 Deduct reinsurance Accident 237776
health 62580 total 3003 56
3 Deduct return premiums on policies can
celled Accident 08020 health
51470 total lil 911
5 Total deductions Accident 305790 health 114050 4198 40
0 Not premiums Accident 4573366 health 2111930 00912 96
34 Receipts life deposit separate statement filed 1611648 89
40 Total income 1678551 85
IIIDisbursements
1 Gross amount paid for losses Accident 1636481
health 300078 total 19 59
2 Deduct reinsurance Accident 317050 health 8899 3260 49ComptrollerGenerals Report
1033
16171 10
55 63
17847 67
5 Net amount paid policyholders for losses Accident
1319431 health 297679 total
18 Investigation and adjustment of claims viz Accident
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 1132006 health 652761
29 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
44 Advertising
45 Printing and stationery
49 Other disbursements Disbursements life statement giving
detail 3005128 83
3762 50
55 05
14 00
358 00
360 00
17 63
23 00
153 15
1397 37

57 Total disbursements 045343 93
IVLedger Assets
8 Premiums in course of collection viz On
policies or renewals issued On or after
Oct 1 1913 Accident 698776 health
242369 total 94n 45
28 Ledger assets as shown on detail life statement 4143402 85
31 Ledger assets 4152814 30
Deduct Assets Not Admitted
52 Book value of ledger assets over market
value viz Not admitted assets see life
statement for detail 237769 11
57 Admitted assets 4255990 45
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 240500 health 68000 total 3085 00
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 30266 111034
ComptrollerGenerals Eeport
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after Oct 1 1913 viz Accident 153731 health
77442 total 2311 73
44 For details see life statement 2950303 97
51 Total amount of all liabilities except capital 2985966 81
52 Capital actually paid up in cash 1000000 00
53 Surplus over all liabilities 270023 64
54 Surplus as regards policyholders 121 0023 6 1
55 Total liabilities 4255990 45
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 173810 health
94199 total 2680 09
Cross losses paid Accident 52146 health 2610 547 50
THE RIDGELY PROTECTIVE ASSOCIATION OF WORCESTER MASS
Francis A Harrington President Austin A Heath Secretary
Ralph J Winters Attorney for Service
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 402925 70
IIIncome
1 Gross premiums written and renewed during the year
Accident and health 350175 50
3 Deduct return premiums on policies cancelled Accident
and health 27 11
fi Net premiums Accident and health 349748 39
21 Policy fees required or represented by applications 49140 50
25 Gross interest on bonds and dividends on stocks less
i 100714 accrued interest on bonds acquired during
V1913 15N01 19
26 Gross interest on deposits in trust companies and banks 2415 19
S4 Collectors over remittances 68 20ComptrollerGenerals Eepout
1035
38 Gross profit on sale or maturity of ledger assets viz
Bonds
80 00
40 Total income 417313 47
IIIDisbursements
1 Gross amount paid for losses Accident 7891805 health
13023176 total 209149 81
18 Investigation and adjustment of claims viz Accident
and health 4332 2S
23 Policy fees retained by agents 48178 50
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health 18768 43
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 49910 65
30 Salaries traveling and all other expenses of agents not
paid by commissions 84 8 61
33 Rents L866 34
36 State taxes on premiums 576 7
37 Insurance department licenses and fees 2664 12
38 All other licenses fees and taxes Federal corporation
tax 29743
40 State corporation tax V2 00
43 Legal expenses
44 Advertising 716 73
45 Printing and stationery 4749 97
46 Postage telegraph telephone and express 5719 72
47 Furniture and fixtures 877 0l
48 Stockholders for interest or dividends 5000 00
49 Other disbursements Miscellaneous 1173 72
54 Agents balances charged off 27 Gfi
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds 238 tH
57 Total disbursements 369997 04
IVLedger Assets
4 Book value of bonds M
5 Cash in companys office
7 Deposits in trust companies ana banks on interest 49414 9i
T 450242 13
31 Ledger assets 1036
33 Intereston bonds
CoiptkollerGexesals Repokt
NonLedger Assets
6658 03
44 Gross assets
Deduct Assets Not Admitted
52 Book value ofledger assets over market
value viz Bonds 15846 50
54 Deposit in Canada in excess of liabilities
as per special deposit 25109 42
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash 100000 00
53 Surplus over all liabilities 227075 05
54 Surplus as regards policyliolders
55 Total liabilities
456900 76
57 Admitted assets 415844 84
VLiabilities
2 Losses and claims reported or in process of adjustment
accident 1640850 health 2479525 41203 75
Losses and claims incurred but not reported Accident
386200 health 772400 total 11586 00
4 Losses and claims resisted Health 300 00
7 Net unpaid claims except liability and workmens comp
claims Accident 21127050 health 3281925 53089 75
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health 572
26 Gross premiums less reinsurance upon all unaxpired
risks running 3 months from Oct 15 1913 10128925
unearned premiums pro rata 16 16881 54
27 Cross premiums less reinsurance upon all unexpired
risks running 3 months from Ian 15 1914 480600
unearned premiums pro rata 1415 4485 60
3 1 Salaries rents expenses bills accounts fees etc due
or accrued 1263 1 5
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 6994 97
41 Advance premiums one hundred per cent 5481 01
88768 89
327075 95
415844 S4ComptrollebGeneeals Report
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
1037
10950 03
7780 83
EOYAL CASUALTY COMPANY OP ST LOUIS MO
Geo E Dickson President Geo E Hans 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
IIIncome
1 Gross premiums written and renewed during the
Accident and health
2 Deduct reinsurance Accident and health
3 Deduct return premiums on policies can
celled Accident and health
14 43
472 44
Total deductions Accident and health
6 Net premiums Accident and health
2l Policy fees required or represented by applications
23 Gross interest on mortgage loans
26 Gross interest on deposits in trust companies and banks
27 Gross interest from all other sources Certificates of
deposit
34 Geo E Dickson
35 Due bills 3245 miscellaneous 2384
36 Cancelled checks
40 Total income
HIDisbursements
1 Gross amount paid for losses Accident 1660081
health 1301989 total
18 Investigation and adjustment of claims viz Accident
1 and health
23 Policy fees retained by agents
105448 85
96417 98
486 87
95931 11
45450 00
4272 52
1 98
518 21
16932 04
56 29
147 50
163309 65
29620 70
1357 71
45444 001038
ComptrollerGenerals Report
24 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health
29 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
31 Medical examiners fees and salaries
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
40 City licenses
41 Taxes
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
49 Other disbursements Exchange 7745 prizes 2736
Bradstreet 3750 total
51 Trav expenses 158286 adv on com 472516 total
52 Bonuses 10275 sub to magazines 3495 cuts 60O
53 Agents balances 78882 misc 49292
38679 96
14136 67
57 Total disbursements
3694 34
735 59
3749 39
1257 30
1527 78
472 50
2408 41
589 05
1024 14
3901 04
3736 50
1183 16
142 31
6308 02
143 70
1281 74
161394 64
IVLedger Assets
2 Mortgage loans on real estate
5 Cash in companys office
6 Deposit in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
100500 00
6668 58
46 18
149 10
31 Ledger assets 107363 86
NonLedger Assets
32 Interest due 180000 and accrued 51902
on mortgages 2319 02
41 Other nonledger assets viz Bills receiv
able 247 SO
42 Agents balances 1441 01
Premiums in course of collection 3836 56
43 Furniture and fixtures 2500 00
41 Printing and stat 230000 due bills
9425 total 2394 25
44 Gross assets 120102 50ComptrollerGenerals Report
1039
Deduct Assets Not Admitted

46 Bills receivable
47 Furniture and fixtures
48 Supplies printed matter and stationery
49 Due bills
247 80
2500 00
2300 00
94 25
57 Admitted assets
VLiabilities
1 Losses and claims adjusted Accident 48530 health
16371 total
9 Losses and claims reported or in process of adjustment
Accident 153876 health 106374 total
3 Losses and claims incurred but not reported Accident
25603 health 37514 total
4 Losses and claims resisted Accident 110000 health
20000 total
5 Total losses and claims Accident 338009 health 1
80259 total
21 Estimated expenses of investigation and adjustment ot
unpaid claims Accident and health
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
141 54 unearned premiums fifty per cent 84450
99 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1913 viz Accident and health
34 Salaries rents expenses bills accounts fees etc due
or accrued
35 Estimated amount Hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash Jfjg
53 Surplus over all liabilities
54 Surplus as regards policyholders
55 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident and health1
Gross losses paid Accident 116851 health 14818
114960 45
649 01
2602 50
631 17
1300 00
5182 68
125 00
986 04
58 22
S54 90
3523 76
10730 60
104229 85
114960 45
8822 88
2650 371040
ComptrollerGenerals Report

ROYAL INDEMNITY COMPANY
Edward F Beddall President William MacKintosh Secretary
VicePresident and General Manager Charles H Holland
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 3023800 62
IIIncome
1 Gross premiums written and renewed during the year
Accident 31546495 health 10870784 liability
180417250 workmens compensation 51002573
fidelity 13491507 surety 6774432 plate glass
15762207 steam boiler 8869422 burglary and
theft 20971451 fly wheel 1398411 auto and
teams property damage 34925064 workmens col
lective 1673577 total 3777031 73
2 Deduct reinsurance Accident 4016404
health 917011 liability 3622989
workmens compensation 9391 fidelity
959345 surety 785439 steam
boiler 545803 burglary and theft
2109050 fly wheel 179938 auto
and teams prop dam 1325336 total 144707 06
3 Deduct return premiums on policies can
celled Accident 905626 health 3
36764 liability 9928622 workmens
compensation 3367300 fidelity 7
05700 surety 502741 plate glass 5
86348 steam boiler 472333 burglary
and theft 971011 fly wheel 1
73353 auto and teams property dam
age 3813729 workmens collective
22475 total 217860 02
4 Premium on policies not taken Accident
6093042 health 2177160 liability
28840955 workmens compensation
8895929 fidelity 1316619 surety
696170 plate glass 2386715 steam
boiler 1695179 burglary and theft
2768144 fly wheel 142100 auto
and teams prop dam 6492132 work
mens collective 466818 total 619709 63
5 Total deductions Accident 11015072 health 34ComptrollerGenerals Report
1041
30935 liability 42392566 workmens compensation
122726 20 fidelity 2981664 surety 1984350
plate glass 2973063 steam boiler 2713315 burg
lary and theft 5848205 fly wheel 495391 auto
and teams property damage 11631197 workmens
collective 489293 total
982276 71
6 Net premiums Accident 20531423 health 7439849
liability 138024684 workmens compensation
38729953 fidelity 10509843 surety 4790082
plate glass 12789144 steam boiler 6156107 burg
lary and theft 15123246 fly wheel 903020
auto and teams prop dam 23293867 workmens
collective 1184284 totals 27947o5 02
25 Gross interest on bonds and dividends on stocks less
286366 accrued interest on bonds acquired during
1913 i
26 Gross interest on deposits in trust companies and banks
27 Gross interest from all other sources Interest on prem
ium notes
32 From other sources Contingent commissions on reinsur
ance
99191 02
5255 56
17 76
1337 06
40 Total income
2900556 42
IIIDisbursements
Gross amount paid for losses Accident 10483919
health 3230655 liability 51716508 workmens
compsn 9790812 fidelity 1864460 surety 1
39118 plate glass 5434636 steam boiler 122270
burglary and theft 4473212 fly wheel 247501
auto and teams property damage 8577742 work
mens collective 582417 total
Deduct reinsurance Accident 1755727
health 521631 liability 202700
burglary and theft 510305 auto and
teams property damage 640672i
3 Deduct salvage Fidelity 342757 surety
28786 total
2
36310 35
3715 43
4 Total deduction Accident 1755727 health 521631
liability 202700 fidelity 342757 surety 28786
burglary and theft 510305 auto and teams property
damage 640672 total
5 Net amount paid policyholders for losses Accident 87
28192 health 2709024 liability 51513808
966632 50
40025 781042
ComptrollerGeneeals Report
workmens eompsn 9790812 fidelity 1521703
surety 110332 plate glass 5434636 steam boiler
122270 burglary and theft 3962907 fly wheel 2
47501 auto and teams property damage 7937070
workmen s collective 582417 total 926606 72
18 Investigation and adjustment ot claims viz Accident
407395 health 202376 liability 15936477
workmens compensation 2802474 fidelity 1
41203 surety 85997 plate glass 208866 steam
boiler 2863 burglary and theft 354897 auto and
teams property damage 1946051 workmens col
lective 67252 total 221558 51
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 6258830 health 2374945 liability
32111258 workmens compensation 4274 1
fidelity 2708817 surety 1118005 plate glass
3796323 steam boiler 1431600 burglary and
theft 3756321 fly wheel 248929 auto and teams
property damage 5685585 workmens collective
60177 total 635251 41
29 Salaries fees and all other compensation of officers
directors trustees and home office employees 181733 76
30 Salaries traveling and all other expenses of agents not
paid by commissions 107132 93
31 Medical examiners fees and salaries 526 34
32 Inspection other than medical and claim 44215 41
33 Rents 30121 72
36 State taxes on premiums 36613 30
37 Insurance department licenses and fees 6597 24
40 Agents licenses 5269 77
41 City and county tax on premiums 773 85
42 Publication fees 618 53
43 Legal expenses 739 62
44 Advertising 5699 71
45 Printing and stationery 30970 25
46 Postage telegraph telephone and express 19294 68
47 Furniture and fixtures 13616 98
49 Other disbursements Employees and agents fidelity
bonds 71183 subscriptions to publications 54340
auditors fees 216646 exchange and coll fees
140798 H O sundry ex 1416981 total 18999 48
54 Agents balances charged off 158 73
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds 3034 13
57 Total disbursements 2292533 07m
ComptrollerGenerals Eeport
IVLedger Assets
1043
4 Book value of bonds 2608202 04
5 Cash in companys office
7 Deposits in trust companies and banks on interest 6lifilK m
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 5673070
health 1769635 liability 283
37807 workmens compensation 118
22218 fidelity 2094166 surety 9
05355 plate glass 3161510 steam
boiler 983291 burglary and theft
4040017 fly wheel 221531 auto
and teams prop dam 3612419 work
mens collective 177631 total 627986 50
On policies or renewals issued prior to Oct
1 1913 Accident 191643 health 1
10128 liability 1531047 workmens
compensation 730468 fidelity 1
56915 surety 100375 plate glass
138672 steam boiler 39601 burg
lary and theft 306725 auto teams
property damage 484018 workmens
collective 34815 total 38244 07
25 Total
26 Bills receivable
27 Other ledger assets viz Companys proportion of funds
in hands of the workmens comp reins and insp
bureau 902513 agents sund balances and advance
trav exp 422109 total
NonLedger Assets
33 Interest accrued on bonds 38193 15
666230 57
592 60
13246 22
44 Gross assets 3670017 12
Deduct Assets Not Admitted
46 Bills receivable 592 60
50 Premiums in course of collection written
prior to October 1 1913 38244 07
53 Bonds as per schedule B 112833 86
54 Agts sud balances and advance trav exp 4221 09
56 Total
117054 95
57 Admitted a
ssets 3514125 501044
ComptrollerGeneral s Report
VLiabilities
Losses and claims reported or in process of adjustment
Accident 1102553 health 541489 fidelity 11
96539 surety 570000 plate glass 603631 steam
boiler 28500 burglary and theft 950920 auto and
teams property damage 2125900 workmens col
lective 76700 total 71962 41
Losses and claims resisted Accident 475000 burglary
and theft 100000 auto and teams property damage
799001 total 1374000
Total losses and claims Accident 1577553 health
541489 fidelity 1196539 surety 570000 plate
glass 603631 steam boiler 28500 burglary ami
theft 1050929 auto and teams property damage 29
24900 workmens collective 76700 total 85702 41
Deduct reinsurance Accident 104570 health 55970
burglary and theft 89250 auto and teams property
damage 94700 total i444 90
7 Net unpaid claims except liability and workmens comp
claims Accident 1472983 health 485519 fidelity
1196539 surety 570000 plate glass 603631
steam boiler 28500 burglary and theft 961679
auto and teams property damage 2830201 work
mens collective 76700 total 82257 51
17 Special reserve for unpaid liability and workmens com
pensation losses 591670 00
20 Total unpaid claims 673 927 51
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 30000 health 10000
fidelity 12500 surety 7500 plate glass 5000
steam boiler 2500 burglary and theft 350011 auto
and teams property damage 250000 workmens col
lective 2500 total 3550 00
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
213526355 unearned premiums fifty per cent 1007631 77
27 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
23824302 unearned premiums pro rata 143066 00
29 Commissions brokerage and other charges duo or to be
come due to agents or brokers on policies issued on or
after Oct 1 1913 viz Accident 1978660 health
607861 liability 6355755 workmens compensa
tion 1535830 fidelity 571401 surety 187808
ComptrollerGenerals Report UM5
plate glass 1015774 steam boiler 263056 burg
lary and theft 1161863 fly wheel 56704 auto and
teams property damage 355981 workmens collee
tive 20941 total
34 Salaries rents expenses bills accounts fees etc due
or accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital 2095604 94
Si Capital actually paid up in cash 10000
53 Surplus over all liabilities 418o0 Jb
54 Surplus as regards policyholders
3514125 50
55 Total liabilities
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 1027361 health
660439 liability 2232755 fidelity 569223
surety 8400 plate glass 241248 steam boiler 1
607 60 burglary and theft 191989 fly wheel
32676 auto and teams property damage 6o4913
workmens collective 19783 total 795
Gross losses paid Accident 221787 health 37038
liabilitv 1263805 fidelity 448101 surety
558 24 plate glass 123698 burglary and theft
72572 auto and teams property damage 257028
workmen s collective 5476 total 2818b

THE STANDARD ACCIDENT INSURANCE COMPANY
f T s IWton Secretory
Len W Bowen President
ICapital Stock
1 Amount of capital paid up in cash 500000 00
2 Amount of ledger assets as balanced December 1
of previous year
1046
ComptrollerGenerals Beport
28447 50
IIIncome
1 Gross premiums written and renewed during the year
Accident 153780224 health 26382849 liability
123984873 workmens compensation 63192783
auto and teams prop dam 17672782 workmens
collective 3994496 totals
2 Deduct Reinsurance Accident 2720724
liability 124026 total I
3 Deduct return premiums on policies can
celled Accident 4390805 health
737200 liability 12524285 work
mens compensation 2715911 auto
and teams prop dam 1676478 work
mens collective 45275 total
4 Premium on policies not taken Accident
23318217 health 5846833 liability
14819103 workmens compensation
6850568 auto and teams prop dam
2187994 total
3890080 07
220899 54
530
15
5 Total deductions Accident 30429746 health 65
84033 liability 27467414 workmens compensation
9566479 auto and teams prop dam 3864472
workmens collective 45275 total
79574 19
6 Net premiums Accident 123350478 health 197
98816 liability 96517459 workmens compensation
53626304 auto and teams prop dam 138083 10
workmens collective 3949221 total 3110505 88
21 Policy fees required or represented by applications 48744 00
23 Gross interest on mortgage loans 10826 65
24 Gross interest on collateral loans 1894 60
25 Gross interest on bonds and dividends on stocks less
548417 accrued interest on bonds acquired during
1913 161841 96
26 Gross interest on deposits in trust companies and banks 2239 74
29 Bills receivable on notes for premiums 453 00
40 Total income 3336505 83
IIIDisbursements
1 Gross amount paid for losses Accident 65669101
health 7812544 liability 60675930 workmens
compsn 15222015 auto and teams property damage
4264569 workmens collective 1899464 total
2 Deduct reinsurance Accident
1555436 28
15712 14ComptrollerGeneral s Report
1047
24 Commi
29
5 Net amount paid policyholders for losses Accident 640
978 87 health 7812544 liability 606759 30 work
mens compsn 15222015 auto and teams property
damage 4264569 workmens collective 1899464
18 Investigation and adjustment of claims viz Accident
17 38119 health 169369 liability 16227588
workmens compensation 1369030 auto and teams
property damage 169618 workmens collective
45375 total
3 Policy fees retained by agents
emissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 37318815 health 6702149 liability
250 15485 workmens compensation 6294892
auto and teams property damage 3444703 work
mens collective 513620
Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Salaries traveling and all other expenses of agents not
paid by commissions
32 Inspection other than medical and claim
33 Rents
36 State taxes on premiums
37 Insurance department licenses and fees
38 All other licenses fees and taxes Federal corporation
tax
40 Municipal licenses and taxes
41 Publication annual
42 Bonds for Ins Depts 21750 sects of state 42650
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends
50 Traveling expenses of home office employees
51 Bureau assessments and reports
52 Repairs lighting and electricity
53 Miscellaneous
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz
Bonds
Cxross decrease by adjustment in book value of ledger
assets viz Bonds
1539724 09
197190 99
48744 00
56
57 Total disbursements
792896 64
170151 57
159691 85
26779 26
10983 03
55591 11
10466 38
1655 12
1785 98
858 07
644 00
3685 12
11775 44
26421 92
18140 08
2000 04
70000 00
5065 87
6174 89
2036 29
1J727 65
5693 15
3257 60
15000 00
3188140 141048
Com ptroijLerG en eral k Re port
IVLedger Assets
2 Mortgage loans on real estate 162 100 00
3 Loans secured by pledge of bonds stocks or other col
laterals 24306 33
4 Book value of bonds 3715375 38
5 Cash in companys office 10 905 84
6 Deposit in trust companies and banks not on interest 143 618 88
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1913 Accident 17525627
health 3051249 liability 8170356
workmens compensation 61236025
auto and teams prop dam 1797306
workmens collective 548115 total 378286 78
On policies or renewals issued prior to Oct
1 1813 Accident 2892757 health
503161 liability 1216042 work
mens compensation 931819 auto
and teams prop dam 268562 work
mens collective 81902 total 58942 43
25 Total 437229 21
28 Workmens comp special reinsurance fund 12 699 29
NonLedger Assets
32 Interest accrued on mortgages 1855 70
33 Interest accrued on bonds 65 861 62
34 Interest accrued on collateral loans 553 62
44 Gross assets 4569507 87
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to Oct 1 1913 5S 942 43
52 Book value of ledger assets over market
value viz Book value over market
value of bonds 53 227 43
57 Admitted assets 4457338 01
VLiabilities
1 Losses and claims adjusted Accident 3533944 health
267540 auto and teams property damage 418500
workmen s collective 97543 total 43 175 27ComptrollerGenerals Report
Losses and claims reported or in process of adjustment
Accident 15572015 health 2134895 auto and teams
property damage 1711965 workmens collective 6
16272 total
Losses and claims incurred but not reported Auto and
teams property damage
4 Losses and claims resisted Accident 8854166
and teams property damage 225000 total
1

auto
7 Net unpaid claims except liability and workmens comp
claims Accident 27960125 health 2702435 auto
and teams property damage 2380965 workmens col
lective 713815 total
17 Special reserve for unpaid liability and workmens com
sation losses
pensa
1049
203351 47
255 00
9079166
337573 40
745813 36
27
29
20 Total unpaid claims
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 620162 health 62233
auto and teams property damage 48500 workmens
collective 23775 total
26 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
225672386 unearned premiums fifty per cent
Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
4372577 unearned premiums pro rata
Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1913 viz Accident 6007688 health
1062406 liability 1838330 workmens compensa
tion 841863 auto and teaths property damage
449326 workmens collective 65773 total
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
39 Return premiums
40 Eeinsurance
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash 500000 00
53 Surplus over all liabilities 1516842 60
1083386 76
7546 70
1128361 94
22179 20
102653 86
7949 95
61529 53
17289 16
1288 36
8309 95
2440495 41
54 Surplus as regards policyholders 2016842 60
55 Total liabilities 4457338 011050
ComptrollerGenerals Report
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 2250895 health
830473 liability 953322 auto and teams property
damage 180094 total 42147 84
Gross losses paid Accident 1287558 health 3
29996 liability 1163126 auto and teams property
Tiamage 121635 total 29023 15
THE THAMES AND MERSEY MARINE INSURANCE COMPANY
LIMITED
H K Fowler Manager United States Branch
A L Farie 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 previous year 936612 53
4 Extended at4
936612 li
IIIncome
Cross premiums 1494262 54
Deduct reinsurance premiums marine and
inland 77935971 return premiums
marine and inland 10848519 total 7S44 90
11
13
17
is
Total premiums other than perpetual
Gross interest on bonds and dividends on
stocks 24190 00
Gross interest from bills receivable 123 08
Total gross interest
From other Bources Received from and for account of
home office 44561568 income tax withheld 6833
total
From agents balances previously charged off
606417 64
24313 08
445684 01
8 24
28
Total income 1076422 97
ComptbollekGeneeals Report 1051
IIIDisbursements
1 Gross amount paid policyholders for losses 968389 03
2 Deduct amount received for salvage ma
rine and inland 4455439 reinsur
ance marine and inland 42639379
total 470948 18
3 Xet amount paid policyholders for losses 497440 85
4 Expense of adjustment and settlement of losses 113 78
88 484 4 t
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency ex
penses
7 Expenses of special and general agents Vy
8 Salaries fees and all other charges of officers directors
trustees and home office employees 27917
3553 17
9 Rents
10 Advertising 23302 printing and stationery 479229
0025 ol
total tWo 10
11 Postage telegrams telephone and express h
T 167 79
12 Legal expenses
13 Furniture and fixtures
15 Underwriters boards and tariff associations Hi is
17 Inspections and surveys
20 State taxes on premiums ooo in
21 Insurance department licenses and fees 342 1
22 All other licenses fees and taxes Federal corporation tax 1354 73
24 To and for account of home office 507806 85
25 Miscellaneous expenses
41 Total disbursements 1168745 37
IVLedger Assets
4 Book value of bonds 40342050 and stocks 25891300
662333 50
total 3 36
5 Cash in companys office
6 Deposits in trust companies and banks not on interest 13811 u
8 Ledger balances representing business written subsequent
mui ion 157137 15
to October 1 1913
9 Ledger balances representing business written prior to Oc
tober 1 1913 0905 03
16 Total ledger assets 844290 13
NonLedger Assets
18 Interest accrued on bonds
847608 88
30 Gross assets 1052
ComptrollerGenerals Report
Deduct Assets Not Admitted
34 Ledger balances representing business
written prior to October 1 1913 10605 03
35 Bills receivable past due taken for marine
inland and fire risks 300 00
38 Book value of ledger assets over market
value 94083 50
39 Total
41 Total admitted assets
104988 53
742520 35
VLiabilities
1 Gross losses adjusted and unpaid 213s 64
2 Gross claims for losses in process of ad
justment or in suspense plus 25000 re
serve for losses incurred prior to De
cember 31 of which no notice had been
received on that date 316006 00
4 Total 318144 64
5 Deduct reinsurance due or accrued 102055 00
i Net amount of unpaid losses and claims 216089 64
8 iross premiums less reinsurance cash and bills received
and receivable upon all unexpired inland navigation
risks 13167483 unearned premiums fifty per cent 65837 42
9 Gross premiums less reinsurance cash and bills re
ceived ami receivable upon all unexpired marine risks 54858 40
17 Salaries rents expenses bills accounts fees etc due or
accrued 2000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 20500 00
21 Reinsurance and return premiums due other companies 13500 00
23 All other liabilities viz Income tax withheld 68 33
2i Total amount of all liabilities except capital
27 Capita actually paid up in cash 200000 00
28 Surplus over all liabilities 169766 56
29 Surplus as regards policyholders
3ii Total liabilities
372853 79
369766 56
742620 35u
27
28
29
30
ComptrollerGenerals Eeport 1053
VIEisks and Premiums
In force on the 31st day of December as
ner line 6 under this heading in last
years statement 198090 80 2645f
Written or renewed during the year 2010401 46 1494262 o4
Tota 2208492 26 1758808 20
Deduct those expired and marked off as
terminated 01376 1468444 o3
In force at the end of the year 197121 80 290 363 67
Deduct amount reinsured 77969 60 103830 44
L m 119 152 0 186533 23
Net amount in force JJ3JOj
Business in the State of Georgia During the Year
4697794 00
Gross risks written
n T O 1 UU
Less risks cancelled
v 4696923 00
Net risks written 34 249 71
Gross premiums on risks written
Less return premiums
n 34239 46
Net premiums received J
Losses paid deducting salvage 15237 b
Losses incurred
THE TRAVELERS INDEMNITY COMPANY HARTFORD CONN
Sylvester C Dunham President James H Coburn Secretary
Herbert F Bascher 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
2125846 17
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 5073691 health 7993330 liability 193
623 7 steam boiler 25906042 fly wheel 1091347
auto and teams property damage 78541593 total 1379683 751054 CompteolleeGeneeals Eepoet
2 Deduct reinsurance Steam boiler 8
34882 fly wheel 343071 total 11779 53
3 Deduct return premiums on policies can
celled Accident 13995 health 1
91944 liability 2830766 steam
boiler 1897197 fly wheel 140550
auto and teams property damage 83
86334 total 134607 86
4 Deduct premium on policies not taken Ac
cident 967819 health 1484778
liability 996744 steam boiler 30
22332 fly wheel 132047 auto and
teams property damage 12787507
total 193912 27
5 Total deductions Accident 981814 health 1676722
liability 3827510 steam boiler 5754411 fly wheel
615668 auto and teams property damage 21173841
totaI 340299 66
6 Net premiums Accident 4091877 health 6316608
liability 15534862 steam boiler 20151631 fly
wheel 475679 auto and teams property damage
57367752 total 1039384 09
22 Inspections 4g2 50
23 Gross interest on mortgage loans 23377 83
24 Gross interest on collateral loans 2598 02
25 Gross interest on bonds and dividends on
stocks less 231670 accrued interest on
bonds acquired during 1913 62 372 22
26 Gross interest on deposits in trust compa
nies and banks 2 592 27
31 Total gross interest 90 g4Q 34
34 Increase in liabilities during year on account of reinsur
ance treaty 2600 00
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds accrual of discount 2 082 2
40 Total income 135499 15
IIIDisbursements
1 Gross amount paid for losses Accident 370713 health
2056524 liability 1112210 steam boiler 24
28938 auto and teams property damage 22233272
total 282016 57

ComptrollerGenerals Report
1055
3 Deduct salvage Steam boiler 2556 auto and teams prop
erty damage 1030200 total Wdil 5b
5 Net amount paid polieyholders for losses Accident 3
70713 health 2056524 liability 1112210 steam
boiler 2426382 auto and teams property damage
212030 72 total 271689 01
18 Investigation and adjustment of claims viz Accident
2101 health 91681 liability 222210 steam boiler
134510 auto and teams property damage 47
52332 total 52028 34
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 1431698 health 1712366 liability 6
395 82 steam boiler 4050286 fly wheel 65829 auto
and teams property damage 12028982 total 199217 43
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 35619 0
30 Salaries traveling and all other expenses of agents not
paid by commissions S7Q7n Q3
32 Inspection other than medical and claim 7975 9d
J4ooU it
33 Rents 13 117 59
36 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax nn
11500 00
40 Capital stock tax
41 State county and municipal licenses and fees 538 UO
42 County and municipal taxes
43 Legal expenses 1 792 03
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express 443J s
47 Furniture and fixtures
48 Stockholders for interest or dividends amount declared
during the year 8000000 OM 00
50 Exchange 1 671 89
51 Miscellaneous expense
54 Agents balances charged off
55 Gross loss on sale or maturity of ledger assets viz Stocks 1516 00
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 13d 00
843805 60
57 Total disbursements p
IVLedger Assets
2 Mortgage loans on real estate first liens 518930 00
3 Loans secured by pledge of bonds stocks or other collateral 675o0 001056 ComptrollerGenerals Report
4 Book value of bonds 163120600 and stocks 2864362
total 1659849 62
5 Cash in company a office 219 19
7 Deposits in trust companies and banks on interest 46264 88
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 524449
health 747636 liability 231339
steam boiler 3230860 fly wheel 1
82018 auto and teams property dam
age 6272713 total 111890 15
On policies or renewals issued prior to Oc
tober 1 1913 Health 76182 liabil
ity 16519 steam boiler 238250 fly
wheels 26779 auto and teams prop
erty damage 925858 total 12835 88
25 Total 124726 03
31 Ledger assets 2417539 72
NonLedger Assets
32 Interest due 76250 and accrued 622957 on mortgages 6992 07
33 Interest accrued on bonds 24 156 94
4 Interest accrued on collateral loans 1 076 21
44 Gross assets 2 449 764 94
Deduct Assets Not Admitted
50 Premiums in course of collection written
prior to October 1 1913 12835 88
53 Bonds and stocks 92 773 29
57 Admitted assets 2344155 77
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 82875 health 284375 steam boiler 13
02000 auto and teams property damage 5035680
total 67049 30
I Losses and claims incurred but not reported Accident
10031 health 37625 steam boiler 15000 auto
and teams property damage 1423721 total 14863 77ComptrollerGenerals Eepokt
1057
4 Losses and claims resisted Accident 1750000 steam
boiler 20000 auto and teams property damage 5
04000 total
5 Total losses and claims Accident 1842906 health 3
22000 steam boiler 1337000 auto and teams prop
erty damage 6963401 total
17 Special reserve for unpaid liability and workmens com
pensation losses
20 Total unpaid claims
21 Estimated expenses of investigation and adjustment of un
paid claims Health 15116 steam boiler 80500
auto and teams property damage 1899383 total
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 795
55658 unearned premiums fifty per cent
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 342
05796 unearned premiums pro rata
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident 183557 health
228041 liability 46267 steam boiler 678480 fly
wheel 36403 auto and teams property damage 13
17270 total
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
41 Advance premiums one hundred per cent
51 Total amount of all liabilities except capital
52 Capital actually paid up in cash 1000000 00
53 Surplus over all liabilities 432301 05
22740 00
10465307
142510 00
247163 07
19949 99
397778 29
195663 89
24900 15
1413 80
24785 47
200 03
911854 72
54 Surplus as1 regards policyholders
Total liabilities
1432301 05
2344155 77
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident 41751 liability 1
00871 steam boiler 164519 fly wheel 16532 auto
and teams property damage 1219360 total
Gross losses paid Accident 4500 auto and teams prop
erty damage 360391 total
15430 33
3648 911058
ComptrollerGeneral s Report
THE TRAVELERS INSURANCE COMPANY
8 C Dunham President J L Howard Secretary
J A Williamson Atlanta Attorney for Service
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 17414350 38
3 Increase of paidup capital during the year 2500000 00
IIIn come
1 Gross premium written and renewed during the year Acci
dent 515055688 health 77400063 liability 6
29486974 workmens compensation 3339862 69
workmens collective 8320548 total 15642495 42
2 DeducF reinsurance Accident 15182979
health 1320870 liability 12432328
total 289361 77
3 Deduct return premiums on policies can
celled Accident 10393775 health
2000051 liability 36138234 work
mens compensation 14829559 work
mens collective 22957 total 633845 76
1 Deduct premium on policies not taken Ac
cident 63487371 health 12706763
liability 62780502 workmens com
pensation 18598295 workmens col
lective 221035 total 157793966
5 Total deductions Accident 89064125 health 160
27684 liability 111351064 workmens compensa
tion 33427854 workmens collective 243992 total 2501147 19
i Net premiums Accident 425991563 health 61372379
liability 518135910 workmens compensation 3005
58415 workmens collective 8076556 total 13141348 23
22 Inspections
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks
26 Gross interest on deposits in trust compa
nies and banks
28 Interest on bills receivable
13466 43
650136 80
39947 39
3219 73
2653 51
31 Total gross interest 706 770 35CoMPTROLLERGrENERAlS REPORT 1059
33 Refund of overpayment federal corporation tax 7984 43
34 Deposit income tax account
35 Profit and loss 658 86
37 From agents balances previously charged off 329 8o
38 Gross profit on sale or maturity of ledger assets viz Bonds
25440 stocks 16038 total 414 78
39 Gross increase by adjustment in book value of ledger as
sets viz Bonds 16645 01
40 Total income 13876855 02
IIIDisbursements
1 Gross amount paid for losses Accident 184853864
health 25687691 liability 370443164 workmens
compensation 73746180 workmens collective 70
64225 total 661795124
2 Deduct reinsurance Accident 1766661 health 740283
liability 200000 total 27069 44
5 Net amount paid policyholders for losses Accident 1830
87203 health 24947408 liability 370243164
workmens compensation 73746180 workmens col
lective 7064225 total 659088180
17 Matured endowments and surrender values under ten pre
mium accident policies 18804 90
18 Investigation and adjustment of claims viz Accident 95
27963 health 1021667 liability 83317567 work
mens compensation 10945123 workmens collective
347583 total 1051599 03
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 129407128 health 18126410 liability
121011792 workmens compensation 36154892
workmens collective 1135602 total 3058358 24
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 519318 51
29 Traveling expenses home office 28273 51
30 Salaries traveling and all other expenses of agents not paid
by commissions 689849 14
30 Salaries traveling and all other expenses of payroll au
ditors 148445 23
31 Medical examiners fees and salaries 13721 17
32 Inspection other than medical and claim 331548 17
33 Bents 168476 08
36 State taxes on premiums 191284 92
37 Insurance department licenses and fees 17911 47
40 Capital stock tax 142412 501060
ComptrollerGenerals Report
41 State county and municipal licenses and fees 3502 75
42 County and municipal taxes 1962 67
43 Legal expenses 10763 2
44 Advertising 08732 38
45 Printing and stationery 88107 9S
40 Postage telegraph telephone and express 88771 20
47 Furniture and fixtures 119800 72
48 Stockholders for interest or dividends 1520000 00
49 Heat and light and miscellaneous expenses of offices 32353 47
50 Newspapers periodicals and books 5197 27
50 Exchange 1450 19
51 Bureau of publicity 13224 63
51 Workmen s compensation service bureau 9802 07
52 Other dues and fees for membership in various insurance
associations 3002 19
52 Insurance on companys employees and property 12477 40
53 Miscellaneous expenses 7564 55
54 Agents balances charged off 1 326 49
55 Gross loss on sale or maturity of ledger assets viz Bonds 901 00
56 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 12 794 63
57 Total disbursements 14972 808 94
IVLedger Assets
3 Loans secured by pledge of bonds stocks or other collat
erals 344623 40
4 Book value of bonds 962387000 and stocks 4707
54205 total 14331412 05
5 Cash at branch offices 72824 63
6 Deposit in trust companies and banks not on interest 2335 1 69
7 Deposits in trust companies and banks on interest 1004701 23
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 40192489
health 6875658 liability 84058406
workmens compensation 42632638
workmens collective 410025 total 1741752 10
On policies or renewals issued prior to Oc
tober 1 1913 Accident 3230331
health 415003 liability 18850929
workmens compensation 9667932
workmens collective 248903 total 221197 58
5 Ttal 2005949 71
20 Hills receivable 46629 19
28 Agents ledger balances 58601 33
31 Ledger assets 18818396 46ComptrollerGenerals Beport
1061
NonLedger Assets
33 Interest due and accrued on bonds
34 Interest due and accrued on collateral loans
38 Rents
130920 43
3356 01
134270 44
44 Gross assets 18952672 90
Deduct Assets Not Admitted
46 Bills receivable
46 Agents ledger balances
50 Premiums in course of collection written
prior to October 1 1913
Bonds and stocks
53
57
46629 19
58601 33
324197 58
457794 55
Admitted assets 18065450 25
VLiabilities
1
2
Losses and claims adjusted Accident 1608919 health
398377 workmens collective 147300 total
Losses and claims reported or in process of adjustment
Accident 35739190 health 4840491 workmens
collective 634343 total
3 Losses and claims incurred but not reported Accident
2604319 health 570977 workmens collective
28276 total
4 Losses and claims resisted Accident
21545 96
412140 24
32035 72
177638 57
5 Total losses and claims Accident 57716285 health
5809845 workmens collective 809919 total 643360 49
6 Deduct reinsurance Accident 30000 00
7 Net unpaid claims except liability and workmen s compen
sation claims excluding expenses of investigation and
adjustment Accident 54716285 health 5809845
workmens collective 809919 total 613360 49
Special reserve for unpaid liability and workmens com
pensation losses 2634986 00
17
20 Total unpaid claims 3248346 49
21 Estimated expenses of investigation and adjustment of un
paid claims Accident 2735814 health 290492
workmen s collective 40496 total 30068 02
26 Gross premiums loss reinsurance upon all unexpired risks
running one year or less from date of policy 9
572 35410 unearned premiums fifty per eont 4786177 051062
ComptrollerGenerals Report
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 339
66174 unearned premiums pro rata long term 185
68239 ten premium accident 32254900 total
508231 39
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October a 1913 viz Accident 12057747
health 2062697 liability 16811681 workmens
compensation 7460712 workmens collective 72805
total 384656 42
34 Salaries rents expenses bills accounts fees etc due or
accrued 150399 04
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 261801 66
41 Advance premiums one hundred per cent 4105 55
43 Reserve accident contingent fund 282702 45
44 Reserve accident accumulations 224189 55
45 Reserve liability excess limits 59456 08
46 Reserve workmens compensation contingent fund 378407 91
51 Total amount of all liabilities except capital 10319141 61
52 Capital actually paid up in cash 5000000 00
53 Surplus over all liabilities 2746308 64
54 Surplus as regards policyholders 7746308 64
55 Total liabilities 18065450 25
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or re
newed during the year Accident 5675395 health
2219991 liability 9091812 workmens collective
60450 total 170476 48
Gross losses paid Accident 2549706 health 1204920
liability 3751618 workmens collective 19752 total 75259 96
ComptrollerGeneeals Report
1063
UNION MAEINE INSURANCE COMPANY LTD
F Herrmann Co United States Managers
Carleton Y Smith Attorney for Service
Business in the State of Georgia During the Year
27 Gross risks written 722893 00
Less 204306 risks cancelled and 85070 reinsurance in
companies authorized in Georgia 289376 00
Net risks written 433517 00
28 Gross premiums on risks written 17752 40
Less 572853 return premiums and 169764 premiums
for reinsurance in companies authorized in Georgia 7426 17
Net premiums received 10326 23
29 Losses paid deducting salvage 11628 02
Less losses on risks reinsured in companies authorized in
Georgia 1147 80
Net losses paid 10480 22
30 Losses incurred 11628 02
Less losses on risks reinsured in companies authorized in
Georgia 1147 80
Net losses incurred 10480 22
UNITED STATES CASUALTY COMPANY
Home Office 80 Maiden Lane New York N Y
Bdson S Lott President D G Luckett 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 2897802 96
Extended at 2897802 96
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 64817414 health 30229804 liability 11064
ComptrollerGenerals Report
S
16220391 workmens compensation 26274703 plate
glass 2178208 steam boiler 5655339 burglary
and theft 10714341 sprinkler 4743485 fly wheel
150757 automobile and teams property damage 59
26818 workmens collective 607680 total 2675189 40
Deduct reinsurance Accident 3893679
health 378788 liability 171466
steam boiler 761600 burglary and
theft 704180 sprinkler 823781 fly
wheel 3800 total 67372 94
Deduct return premiums on policies can
celled Accident 1521690 health 7
50272 liability 7121273 workmens
compensation 1041902 plate glass
62868 steam boiler 428540 bur
glary and theft 446195 sprinkler 3
27223 fly wheel 25789 automobile
and teams property damages 387312
workmens collective 19227 total 121322 91
Deduct premiums on policies not taken Ac
cident 10399102 health 6159344
liability 29334048 workmens com
pensation 6863528 plate glass 4
50347 steam boiler 1285433 bur
glary and theft 1660802 sprinkler
1023356 fly wheel 48926 automo
bile and teams property damage 13
24148 workmens collective 233246
total 587822 80
5 Total deductions Accident 15814471 health 7288404
liability 36626787 workmens compensation 79
05430 plate glass 513215 steam boiler 247557
burglary and theft 2811177 sprinkler 2174360
fly wheel 78515 automobile and teams property dam
age 1711460 workmens collective 252473 total
6 Net premiums Accident 49002943 health 22941400
liability 79593604 workmens compensation 183
69273 plate glass 1664993 Steam boiler 3179766
burglary and theft 7903164 sprinkler 2569125
fly wheel 72242 automobile and teams property dam
age 4215358 live stock 355207 total
23 QroSS interest on mortgage loans 14158 17
25 Gross interest on bonds and dividends on
stock less 69975 accrued interest on
bonds acquired during 191 103152 75
776518 65
1898670 75

ComptrollerGenerals Report
1065

26 Gross interest on deposits in trust compa
nies and banks 1166 50
29 Workmens compensation reinsurance and
inspection bureau 61 46
31 Total gross interest and rents 118538 88
33 Recovery of items previously charged to profit and loss 145 78
38 Gross profit on sale or maturity of ledger assets viz Bonds
150000 stocks 90464 total 2404 64
40 Total income 2019760 05
IIIDisbursements
1 Gross amount paid for losses Accident 26077020
health 11206893 liability 44560585 workmens
compensation 6600648 plate glass 449290 steam
boiler 373282 burglary and theft 4688132 sprin
kler 1196071 automobile and teams property dam
age 1295607 workmens collective 142093 total
2 Deduct reinsurance Accident 2113173 health 3
10160 liability 7500 burglary and theft 289792
sprinkler 143138 total
965896 21
28637 63
5 Net amount paid policyholders for losses Accident 239
63847 health 10896733 liability 44553085 work
mans compensation 6600648 plate glass 449290
steam boiler 373282 burglary and theft 4398340
sprinkler 1052933 automobile and teams property
damage 1295607 workmens collective 142093
total 937258 58
18 Investigation and adjustment of claims viz Accident 19
97521 health 757327 liability 8636783 work
mens compensation 1154566 plate glass 13386
steam1 boiler 149392 burglary and theft 654821
sprinkler 141051 automobile and teams property dam
age 394633 workmens collective 12656 total
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 14477966 health 6854003 liability
18124621 workmens compensation 2301647 plate
glass 513213 steam boiler 751169 burglary and
theft 2200940 sprinkler 638291 fly wheel
17652 automobile and teams property damage 8
89739 workmens collective 95485 total 468647 26
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 134325 82
139121 361066
ComptrollerGenerals Report
30 Salaries traveling and all other expenses of agents not
paid by commissions 50556 45
32 Inspections other than medical and claim 33345 11
33 Rents 19735 42
35 Taxes on real estate 394 96
36 State taxes on premiums 30524 76
37 Insurance department licenses and fees 6761 90
38 All other licenses fees and taxes Federal corporation tax
18832 taxes on personal property 21778 municipal
licenses 126402 California franchise tax 49220
total 2162 32
43 Legal expenses 3905 56
44 Advertising 3149 45
45 Printing and stationery 26816 09
46 Postage telegraph telephone and express 12075 74
47 Furniture and fixtures 11792 98
48 Stockholders for interest or dividends amount declared
during the year 5000000 50012 50
49 Other disbursements Extended free accident insurance 1
07475 miscellaneous 1055290 profit and loss 2
03382 fees of auditors 241466 exchange on checks
139307 total 17469 20
57 Total disbursements 1948055 46
IVLedger Assets
1 Book value of real estate 4500 00
2 Mortgage loans on real estate first liens 300000 00
4 Book value of bonds 91944621 anil stocks 1350
14136 total 2269587 57
5 Cash in companys office 2688 17
6 Deposits in trust companies and banks not on interest 24742 55
7 Deposits in trust companies and banks on interest 104415 84
8 Premiums in course of collection viz On policies or re
newals issued on or after October 1 1913 Accident 57
46054 health 3303945 liability 10342542 work
mens compensation 2686892 plate glass 304165
steam boiler 717949 burglary and theft 1245947
sprinkler 336490 automobile and teams property
damage 566543 workmens collective 65029 total 253155 56
28 Cash in hands of resident managers and adjusters 4700 00
29 Agents ledger balances debits 1506 82
30 The workmen s compensation reinsurance and inspection bu
reau fund 4 211 04
31 Ledger assets 2969507 55

ComptrollerGenerals Beport 1067
NonLedger Assets
32 Interest accrued on mortgages 4243 53
S3 Interest accrued on bonds 10971 72
44 Gross assets 2984722 SO
Deduct Assets Not Admitted
53 Bonds as per Schedule D 75296 21
54 Stocks as per Schedule D 235131 36
55 Cash in the hands of resident managers
and adjusters 4700 00
56 Agents ledger balances 1506 82
Total 316634 39
57 Admitted assets 2668088 41
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 4621900 health 1526400 plate glass
41600 steam boiler 7200 burglary and theft 5
64300 sprinkler 41900 automobile and teams prop
erty damage 451500 workmens collective 29300
total 72841 00
4 Losses and claims resisted Accident 2196000 health
9000 automobile and teams property damage 22500
total 22275 00
5 Total losses and claims Accident 6817900 health 15
35400 plate glass 41600 steam boiler 7200 bur
glary and theft 564300 sprinkler 41900 automo
bile and teams property damage 474000 workmens
collective 29300 total 9511600
17 Special reserve for unpaid liability and workmens com
pensation losses 155969 00
20 Total unpaid claims 251085 00
21 Estimated expenses of investigation and adjustment of un
paidclaims Accident 7576 health 1706 plate
glass 46 steam boiler 8 burglary and theft 627
sprinkler 46 automobile and teams property damage
525 workmens collective 32 total 10566 00
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 1464
66755 unearned premiums fifty per cent 732333 781068
ComptrollerGenerals Keport
27 Gross premiums less reinsurance upon all unexpiretl risks
running more than one year from date of policy 247
00757 unearned premiums pro rata 131562 47
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 1436514 health 8
25986 liability 2585636 workmens compensation
671723 plate glass 76041 steam boiler 179487
burglary and theft 311487 sprinkler 84122 auto
mobile and teams property damage 141636 work
men s collective 16257 total 63288 89
34 Salaries rents expenses bills accounts fees etc due or
accrued 3500 00
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 30000 00
36 Dividends declared and unpaid to stockholders 12772 50
40 Reinsurance 5399 18
41 Advance premiums one hundred per cent 652 39
43 Special voluntary additional reserve for unpaid liability
and workmens compensation losses 143071 00
44 Reserve for claims incurred in 1913 reported in 1914 20000 00
45 Contingency fund 53482 58
46 Reserve for reinsurance in companies not admitted in New
York 10374 62
51 Total amount of all liabilities except capital 1468088 41
52 Capital actually paid up in cash 500000 00
53 Surplus over all liabilities 700000 00
54 Surplus as regards policyholders 1200000 00
55 Total liabilities 2668088 41
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or re
newed during the year Accident 1052508 health
719383 liability 3491918 plate glass 1321
steam boiler 111495 burglary and theft 56166
sprinkler 66026 automobile and teams property dam
age 54504 workmens collective 55707 total 56090 28
Gross losses paid Accident 406648 health 387567
liability 2055139 burglary and theft 45248 auto
mobile and teams property damage 9435 workmens
collective 18130 total 29 221 67

ComptrollerGenerals Beport
1069
UNITED STATES FIDELITY AND GUARANTY COMPANY
John B Bland President George B Collis Secretary
William A Wright Atlanta Attorney for Service
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 3
7672168 31
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 18861213 health 7151279 liability 2038
88650 workmens compensation 22949837 fidelity
154945083 surety 293179844 plate glass 141
62444 steam boiler 110485 burglary and theft
37146118 auto and teams prop damage 20870022
workmens collective 5719149 total 7789842 24
2 Deduct reinsurance Accident 1103590
health 391970 liability 29207 fidel
ity 4510292 surety 16401940 plate
glass 2297 steam boiler 1036560
burglary and theft 2301922 fly wheel
69188 auto and teams property dam
age 329607 total 261765 73
3 Deduct return premiums on policies can
celled Accident 644128 health 3
62202 liability 22161102 work
mens compensation 1296180 fidelity
11798155 surety 23378928 plate
glass 421963 steam boiler 159797
burglary and theft 1657004 fly wheel
30215 auto and teams property dam
age 2762614 workmens collective
402513 total 650748 01
4 Deduct premium on policies not taken Acci
dent 2456920 health 994001 lia
bility 26979848 workmens compen
sation 3891565 fidelity 4403248
surety 9701899 plate glass 18J
59414 steam boiler 27275 burglary
and theft 4013773 auto and teams
property damage 3397648 work
mens collective 416462 total 581420 53
5 Total deductions Accident 4204638 health 1748173
liability 49170157 workmens compensation 511070
ComptrollerGeneral s Report
87745 fidelity 20711695 surety 49482767 plate
glass 2283674 steam boiler 1223632 burglary and
theft 7972699 fly wheel 99403 auto and teams
property damage 6489869 workmens collective 8
18975 total 1493934 27
6 Net premiums Accident 14656575 health 5403106
liability 154718493 workmens compensation 177
62092 fidelity 134233388 surety 243697077
plate glass 11878770 steam boiler 1113047 bur
glary and theft 29173519 fly wheel 99403 auto
and teams property damage 14380153 workmens col
lective 4900174 total 6295907 97
22 Inspections 817 16
23 Gross interest on mortgage bonds 125 00
24 Gross interest on collateral loans 1561 02
25 Gross interest on bonds and dividends on
stocks 196368 63
23 Gross interest on deposits in trust compa
nies and banks 9215 12
28 Premium deposits in branch offices 1766 25
29 Bills receivable 177 73
Collateral deposits in excess amount due de
positors 5275 25
30 Gross rents from companys property in
cluding 3500000 for companys occu
pancy of its own buildings 60761 19
31 Total gross interest and rents 275250 49
33 Munich reinsurance rtserve account 3963 26
37 From agents balances previously charged off 1224 37
38 Gross profit on sale or maturity of ledger assets viz Eeal
estate 55600 bonds 351469 total 59114 69
40 Total income 6636277 94
IIIDisbursements
1 Gross amount paid for losses Accident 9422885 health
295485 liability 66410503 workmens compensa
tion 9197126 ddelity 61616019 surety 1624
98101 plate glass 4210764 steam boiler 116347
burglary and theft 7320310 auto and teams property
damage 5510872 workmens collective 3001858
totals 3322656 71
2 Deduct reinsurance Accident 117884

ComptrollerGenerals Eeport
1071
health 150088 fidelity 1157718
surety 10084820 burglary and theft
629816 auto and teams property dam
age 80520 total
Deduct salvage Accident 22978
health 6465 liability 464203
workmens compensation 35979 fidel
ity 15818496 surety 54328930
plate glass 63760 steam boiler 1000
burglary and theft 131445 auto and
teams property damage 82028 work
men s collective 42820 total
125208 46
4
709981 04
Total deductions Accident 440862 health 156553
liability 464203 workmens compensation 35979
fidelity 16976214 surety 64413750 plate glass
63760 steam boiler 1000 burglary and theft 7
61261 auto and teams property damage 162548
total
835189 50
5 Net amount paid policyholders for losses Accident 89
82023 health 2798303 liability 65946300 work
mens compensation 9161147 fidelity 44639805
surety 98084351 plate glass 4147004 steam boiler
115347 burglary and theft 6565079 auto and
teams property damage 5348324 workmens collec
tive 2959038 total 2487467 21
18 Investigation and adjustment of claims viz Accident 2
50694 health 27688 liability 8166702 work
mens compensation 175395 fidelity 4784868
surety 8007045 plate glass 3800 steam boiler
4700 burglary and theft 229622 auto and teams
property damage 431897 workmens collective
3li30 total 221135 41
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 4279226 health 1423234 liability 295
23815 workmens compensation 1440546 fidelity
24858860 surety 48499290 plate glass 3273038
steam boiler minus 315411 burglary and theft 74
20840 fly wheel minus 28562 auto and teams prop
erty damage 2066990 workmen s collective 854038
total v 123295904
29 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 399772 94
30 Salaries traveling and all other expenses of agents not
paid by commissions 743772 18
31 Medical examiners fees and salaries 1916 501072
ComptrollebGenebals Repobt
32 Inspection other than medical and claim 25698 20
33 Rents 115558 39
34 Repairs and expenses other than taxes on real estate 20961 17
35 Taxes on real estate 13434 97
36 State taxes on premiums 95624 65
37 Insurance department licenses and fees 20759 10
38 All other licenses fees and taxes Federal corporation tax
1383862 5229580 25094 489362 total 71278 98
43 Legal expenses 15310 67
44 Advertising 88899 42
45 Printing and stationery 72766 33
46 Postage telegraph telephone and express 108944 29
47 Furniture and fixtures 18866 33
48 Stockholders for interest or dividends 200000 00
49 Other disbursements Home office traveling expenses 7
12081 examination by N Y and Md insurance depart
ments 1148037 dept guar attys net 374920
damage account elevator accident 400000 int Mun
ich Reinsurance Co reserve account 97236 reimburse
ment collateral funds Carnegie Trust Co 962527 gen
eral miscellaneous expenses 1265613 agents balances
charged oil 2237192 total 71976 15
55 Gross loss on sale or maturity of ledger assets viz Real
estate 356852 bonds 219613 total 5764 65
56 Gross decrease by adjustment in book value of ledger as
sets 51992 87
57 Total disbursements 30S2859 45
IVLedger Assets
1 Book value of real estate 609400 00
2 Mortgage loans on real estate 500 00
3 Loans secured by pledge of bonds stocks or other collateral 49649 00
4 Book value of bonds 4687771 24 and stocks 557
75444 total 5245525 68
5 Cash in companys office 297 t 38
6 Deposit in trust companies and banks not on interest 180974 92
7 Deposits in trust companies and banks on interest 619806 01
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1913 Accident 2081076
health 1667238 liability 23257498
workmens compensation 8423760
fidelity 11747205 surety 39434764
plate glass 2825509 burglary and
theft 4844097 auto and teams prop
erty damage 2476116 workmens col
lective 960252 total 977175 15

ComptrollerGenerals Report 1073
On policies or renewals issued prior to Oc
tober 1 1913 Accident 423466
health 104133 liability 6303933
workmens compensation 56364 fidel
ity 1736514 surety 10524810
plate glass 193091 burglary and
theft 27890 auto and teams prop
erty damage 356218 total 199774 37
25 Total 1176949 52
26 Bills receivable 2500 00
28 Due by U S Government under contract 6276 99
29 Accounts with suspended banks 189222 74
30 Advance secured 80701 75
Due for subscriptions dopt guar attys 61045 81
31 Ledger assets 337307 29
NonLedger Assets
32 Interest accrued on mortgages
33 Interest due 3380200 and accrued 2792071 on bonds 01722 71
34 Interest due 2312 and accrued 26111 on collateral
loans 28423
35 Interest due and accrued on other assets 500 00
38 Rents accrued on companys property or lease 221 33
44 Gross assets 8288317 15
Deduct Assets Not Admitted
46 Bills receivable 2500 00
50 Premiums in course of collection written
prior to October 1 1913 199774 37
51 Guar atty subscriptions written prior to
October 1 1913 6019 01
52 Book value of ledger assets over market
value viz Bonds 36232824 stocks
1662044 total 378948 68
57 Admitted assets 7701075 09
VLiabilities
2 Losses and claims reported or in process of adjustment Ac
cident 1920100 health 402100 fidelity 195
63357 surety 53214620 plate glass 281667 bur
glary and theft 1182757 auto and teams property
damage 1226800 workmens collective 761200
total 785526011074
CompteollebGenebals Repoet
3 Losses and claims incurred but not reported Accident 2
50700 health 1500 plate glass 25000 auto and
teams property damage 50000 totals
4 Losses and claims resisted Accident 5000 fidelity
19887531 surety 32301540 burglary and theft
35000 auto and teams property damage 291000
total
4750 00
530150 71
7 Net unpaid claims except liability and workmens compen
sation excluding expenses of investigation and adjust
ment Accident 2670100 health 152100 fidelity
39450888 surety 85516160 plate glass 306667
burglary and theft 1217757 auto and teams property
damage 1567800 workmens collective 761200
total 1320426 72
17 Special reserve for unpaid liability and workmens compen
sation losses 367061 00
20 Total unpaid claims ggy 437 72
21 Estimated expenses of investigation and adjustment of un
paid claims Accident 2500 health 1500 plate
glass 250 credit 1000 auto and teams property dam
age 500 workmen s collective 300 total 6050 00
26 Gross premiums less reinsurance upon all excise risks
written in N Y State running one year or less from
date of policy 7311444 unearned premiums 75 per
cent 54835 33
27 Gross premiums less reinsurance upon all unexpired risks
running more than one year from date of policy 4
93178484 unearned premiums 50 per cent 2410360 25
Gross premium less reinsurance all risks running more
than one year from date of policy 80989397 un
earned premiums pro rata 405 088 14
29 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued on or after
October 1 1913 viz Accident 618080 health 4
71828 liability 4651500 fidelity 2267211
surety 7610909 plate glass 836351 burglary and
theft 1259465 auto and teams property damage
91226 workmens collective 170924 total 191198 70
34 Salaries rents expenses bills accounts fees etc due or
accrued 13049 48
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
stltemcnt 106254 59
39 Return premiums U qoo rj

ComptrollerGenerals Report 1075
A Ci A A PC Q7
40 Reinsurance
42 Other liabilities 28054 91
51 Total amount of all liabilities except capital 4960916 06
52 Capital actually paid up in cash 2000000 00
53 Surplus over all liabilities 740159 03
54 Surplus as regards polieyholders 2740159 03
55 Total liabilities 7701075 09
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 1269037 health
666765 liability 4149671 fidelity 2618423
surety 4189260 plate glass 447000 burglary and
theft 472278 auto and teams property damage 6
35667 workmens collective 190183 total 146383 44
Gross losses paid Accident 322379 health 434820
liability 1024048 fidelity 960587 surety 10
79257 plate glass 185985 burglary and theft
39360 auto and teams property damage 195256
workmens collective 235592 total 44772 84
UNITED STATES HEALTH AND ACCIDENT INSURANCE
COMPANY
Home Office 130 No Washington Ave Saginaw Mich
J B Pitcher President J M Pitcher Secretary
G A Dean Atlanta Georgia Attorney for Service
ICapital Stock
1 Amount of capital paid up in cash 400000 00
9 Amount of ledger assets as per balance December 31 of
1004440 69
previous year r
3 Increase of paidup capital during the year 100000 00
IIIncome
1 Gross premiums written and renewed during the year Ac
cident 79708587 health 44147850 total 1238564 37
2 Deduct reinsurance Accident 142874
health 32432 total 1753 061076
ComptrollerGeneral s Kepokt
Deduct return premiums on policies can
celled Accident 390172 health 2
00114 total 6502 86
Deduct premium on policies not taken Ac
cident 0304934 health 4203290
tltal 105082 24
5
21
24
25
26
Total deductions Accident 6837980 health 4495836
total
Net premiums Accident 72870607 health 39052014
total j
Policy fees required or represented by applications
Gross interest on collateral loans Part l
Gross interest on bonds and dividends on
stocks less 153061 accrued interest on
bonds acquired during 1913 Part 1 39
78358 Part 4 164825 total
Gross interest on deposits in trust compa
nies and banks
113338 Hi
1125220 21
128378 00
170 36
39901 22
2080 17
31
33
37
39
Total gross interest and rents
Fees for changing and issuing policies
From agents balances previously charged oft
Gross increase by adjustment in book value of ledger as
sets viz Bonds part 1
42151 75
128 41
184 99
2797 86
40 Total income 1298867 22
IIIDisbursements
1 Gross amount paid for losses Accident 32614621 health
18981961 totals
18 Investigation and adjustment of claims viz Accident 2
60552 health 173701 total
23 Policy fees retained by agents
24 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 16864741 health 11243161 total
29 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
80 Salaries traveling and all other expenses of agents not paid
by commissions
31 Medical examiners fees and salaries
32 Inspection other than medical and claim
33 Bents
34 Bepairs and expenses other than taxes on real estate
leased for home office
515965 82
4342 53
128378 00
281079 02
107601 15
64209 8 I
2747 9T
646 50
23859 35
256 53
CompteollekGenerals Report
1077
30 State taxes on premiums
37 Insurance department licenses and fees
39 Federal corporation tax
40 Municipal licenses and taxes
43 Legal expenses
44 Advertising
45 Printing and stationery
46 Postage telegraph telephone and express
47 Furniture and fixtures
48 Stockholders for interest or dividends Cash 4794600
stock 10000000 total
50 Premium on Fidelity bonds of agents collectors and em
ployees
51 Subscription to insurance periodicals agencies and associ
ations
52 Janitor 33344 supplies repairs and insurance on fur
niture and fixtures 55188 total
53 Office supplies for home office
54 Agents balances charged off
56 Gross decrease by adjustment in book value of ledger
assets viz Bonds
57 Total disbursements
19018 93
5435 78
1560 08
728 04
309 51
5188 09
10518 94
13225 41
2627 55
147946 00
2197 62
1196 84
885 32
918 40
2641 8T
73 10
1343558 19
IVLedger Assets
3 Loans secured by pledge of bonds stocks or other collaterals
4 Book value of bonds
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 Premiums in course of collection viz On policies or re
newals issued on or after October 1 1913 Accident
2888113 health 1925408 total
5000 00
864990 99
7767 02
37478 51
96377 99
48135 21
31 Ledger assets
1059749 72
NonLedger Assets
33 Interest hie 90000 and accrued 1651627 on bonds
34 Interest accrued on collateral loans
1741627
12 99
44 Gross assets 1077178 98
Deduct Assets Not Admitted
51 Overdue and accrued interest on bonds in
default
1500 001078 ComptrollerGenerals Report
53 Bonds per schedule t Part 1 19215 90
56 Total
20715 90
57 Admitted asests 1056463 08
VLiabilities
1 Losses and claims adjusted Accident 702400 health
452400 total
2 Losses and claims reported or in process of adjustment
Accident 3444400 health 2325300 total
3 Losses and claims incurred but not reported Accident
1397600 health 931642 total
4 Losses and claims resisted Accident 650000 health
40000 total

5 Total losses and claims Accident 6194400 health 37
49342 total
6 Deduct reinsurance Accident 136600 health 32142
total
7 Net unpaid claims except liability and workmens compen
sation claims excluding expenses of investigation and
adjustment Accident 6057800 health 3717200
total
21 Estimated expenses of investigation and adjustment of
unpaid claims Accident 1000 health 250 total
26 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 15239540
unearned premiums fifty per cent
29 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1913 viz Accident 1472255
health 981500 total
34 Salaries rents expenses bills accounts fees etc due or
accrued
35 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
40 Reinsurance
41 Advance premiums one hundred per cent
11548 00
57697 00
2329242
6900 00
9943742
168742
97750 00
1250 00
76197 70
24537 55
5541 29
23517 30
546 75
27122 49
51 Total amount of all liabilities except capital 256 463 08ComptrollerGenerals Eepoet
1079
52 Capital actually paid up in cash
53 Surplus over all liabilities
400000 00
400000 00
800000 00
1056463 08
54 Surplus as regards polieyholders
55 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 9099 83
Gross losses paid Accident and health 6377 88
SUBSCRIBERS AT UNITED STATES LLOYDS FIRE AND MARINE
INSURANCE COMPANY
A Foster Higgins Herbert Appleton Douglas F Cox Attorneys for the
Subscribers under the firm name of Higgins Cox
ICapital Stock
1 Amount of original deposit
paid up in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1713321
4 Extended at
1713321 86
ITIncome
5 Gross premiums
6 Deduct reinsurance premiums marine and inland ld7D
57309 return premiums marine and inland 28400995
total
2976255 66
1659583 04
7 Total premiums other than perpetual 1316672 62
11 Gross interest on bonds and dividends on
stocks less 97465 accrued interest on
bonds acquired during 1913 37066 81
12 Gross interest on deposits in trust compa
nies and banks
13 Gross interest from all other sources
17 Total gross interest and rents
28 Total income
199 02
41830 29
1358502 911080 ComptbollebGeneeals Eepobt
IIIDisbursements
1 Gross amount paid policyholders for losses including
549506 occurring in previous years 2090069 49
2 Deduct amount received for salvage marine and inland
12550919 reinsurance marine and inland 84246246
total 967971 65
3 Net amount paid policyholders for losses 1122697 84
4 Expense of adjustment and settlement of losses 25257 44
5 Commissions or brokerage 376 204 88
6 Allowances to local agencies for miscellaneous agency ex
penses 12828 54
8 Salaries fees and all other charges of officers directors
trustees and home office employees 118873 77
9 Eents 11239 00
10 Advertising 81825 printing and stationery 1489644
total 15714 69
11 Postage telegrams telephone and express 4 852 96
12 Legal expenses 2821 63
13 Furniture and fixtures 317 00
15 Underwriters boards and tariff associations 2 308 72
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 161 89
17 Inspections and surveys 4 8gi 4g
20 State taxes on premiums 30 034 04
21 Insurance department licenses and fees 4 039 18
23 Other disbursements Miscellaneous office expenses 13
50448 exchange 159072 total 15095 20
34 Paid subscribers for interest or dividends amount declared
during the year 2500000 25000 00
39 Gross loss on sale or maturity of ledger assets viz Bonds 625 00
40 Gross decrease by adjustment in book value of ledger as
sets viz Bonds 28 225 00
41 Total disbursements 1 801 178 6
IVLedger Assets
4 Book value of bonds 785000 00
5 Cash in companys office o iqO 47
6 Deposits in trust companies and banks not on interest 41644 72
7 Deposits in trust companies and banks on interest 231 161 90
8 Agents balances representing business written subsequent
to October 1 1913 151 58 40
9 Agents balances representing business written prior to Oc
tober 1 1913 38520 52
ComptrollekGenerals Report 1081
13 Cash with Morgan Grenfcll Co on interest 20942 35
14 Cash with Broderick Leith Kendall not on interest118 aj
m 1270646 51
16 Total ledger assets v
NonLedger Assets
18 Interest due and accrued on bonds 10045 83
1280692 34
30 Gross assets
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
October 1 1913 38520
i 940 171 82
41 Total admitted assets a
VLiabilities
2 Gross claims for losses in process of adjustment or in sus
pense plus 1513500 reserve for losses incurred prior
to December 31 of which no notice had been received on
that date 57
3 Gross claims for losses resisted
587485 00
4 Total v
5 Deduct insurance due or accrued 0111
6 Net amount of unpaid losses and claims 326372 54
8 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
33 56842 unearned premiums 50 per
cent 1678419
Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired inland navigation risks 370
23814 unearned premiums pro rata 160427 87
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 3029392
unearned premiums 100 per cent 30293 92
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 40454187
unearned premiums 50 per cent 202270 87
10 Total unearned premiums as computed above 409776 851082 ComptrollerGenerals Report
17 Salaries rents expenses bills accounts fees etc due or
accrued 1000 00
18 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement 20000 00
26 Total amount of all liabilities except capital 757149 39
27 Original deposit actually paid up in cash 100000 00
28 Surplus over all liabilities 385022 43
29 Surplus as regards policyholders 485022 43
30 Total liabilities 1242171 82
NoteWe beg to call your attention to the fact that un
der the policy of United States Lloyds the liability
of each subscriber is unlimited for each his proportion of
every risk written making in addition to the original
deposits and undivided profits an enormous protection
for the policyholder and far in excess of that afforded
by a stock company
VIEisks and Premiums
1 In force on the 31st day of December as
per line 6 under this heading in last
years statement 71881381 00 1486565 99
2 Written or renewed during the year 527245648 00 2976255 66
4 Total 599127029 00 4462821 65
5 Deduct those expired and marked off as
terminated 533502295 00 3257999 31
i In force at the end of the year 65624734 00 1204822 34
7 Deduct amount reinsured 27313387 00 416179 99
8 Net amount in force 38311347 00 788642 35
Business in The State of Georgia During The Year
27 Gross risks written 4059724 00
Less 24695 risks cancelled and 3146009 reinsurance in
companies authorized in Georgia 3 170 704 00
Net risks written 889020 00
28 Gross premiums on risks written 19 817 23
Less 132077 return premiums and 1305280 premiums
for reinsurance in companies authorized in Georgia 14 373 57ComptrollerGenerals Report
Net premiums received
29 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
30 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
1083
5443 66
10437 55
590 40
9847 15
6596 90
492 29
6104 61TABLE No 1
Showing Business Done in the State of Georgia by Fire Insurance Companies for the year ending Dee 31st 1913
NAME OF COMPANY
STATE
Aachen and Munich Firen Y
Act na Fire Insurance CoConn
Agricultural Insurance CoN Y
Alliance Insurance CoPa
American Central FireMo
American DruggistsOhio
American Insurance CoN J
Atlanta Home FireGa
Atlantic National FireGa
Atlas Assurance Co LtdN Y
Boston Insurance CoMass
British America Assurance CoCanada
Caledonian Insurance CoN Y
Camden Fire Insurance CoN J
Citizens Fire Insurance CoMd
Citizens Insurance Co Mo
City of New York FireN Y
Columbia Fire Insurance CoGa
Commercial FireD C
Commercial Union Assurance Co Ltd
Commonwealth Insurance Co
Coneordia Fire
Connecticut Fire
Continental Fire Insurance Co
Dixie Fire
Equitable Fire and Marine
Equitable Insurance Co
Fidelity Phoenix Fire
Fire Association of Philadelphia
N Y
N Y
Wis
Conn
N Y
N C
R I
S C
N Y
Pa
Risks Written
During Year
1 vtal
Premiums
2555058
18707843
2554600
908785
4481855
90350
2523404
3900833
3553083
4571772
130760
1543752
984108
1985752
6428026
2943341
1403501
4007642
Dec794900
9067253
880385
621901
2364671
11705011
1317736
364133
1173980
6675586
5822590
Dec
32442
308463
26853
14491
68056
1379
37274
66975
61781
66820
2252
24020
15516
20905
84826
49830
24760
78479
11217
128473
9467
8048
36771
170919
23325
4909
23141
98196
91121
Losses
Paid
18647
177564
15328
12011
42165
Losses
Incurred
10727
36211
36431
31570
669
18643
11282
9578
13418
52738
7712
45460
12455
102998
1082
18
12253
66905
12003
2367
20969
52910
51446
17431
190621
17723
13842
49697
15191
39008
39063
38695
850
19238
12301
9604
15223
39634
10565
47785
14406
111546
3304
1218
11390
76519
11502
5859
18114
53533
53053
O
00
o
o
s
H
n
o
C
M
W
I
Q

fed
Ed
I
OMass
Ga
Ga
N Y
N Y
N Y
Pa
N Y
Firemans Fund Insurance CoCal
Firemans Insurance CoN J
First National Fire D C
Franklin Fire
Fitchburg Mutual
Georgia Fire
Georgia Home
German Alliance
German American
Germania Fire
Girard Fire and Marine
Glenns Falls Insurance Co
Globe and Rutgers FireN Y
Great Southern Fireyu
N Y
N Y
Conn
N Y
Pa
Pa
N Y
N Y
N Y
Conn
N Y
Ohio
Mass
N Y
Mass
R I
Wis
R I
Conn
Pa
N J
N J
HamburgBremen
Hanover Fire
Hartford Fire
Home Fire Insurance Co
Insurance Co of N A
Insurance Co of State of Penn
Liverpool and London and Globe Ltd England
Liverpool and London and Globe N Y
London Assurance Corporation
London and Lancashire Fire
Lumber Insurance Co
Lumbermens Mutual Fire
Lumber Mutual Fire
Lumber Underwriters
Mass Fire and Marine
Mercantile Mutual Fire
Milwaukee Mechanics Fire
National Fire of Paris France
National Fire
National Union
Newark Fire
New Brunswick Fire
5271506
1895600
2746100
1007624
166450
7518571
4356823
2096304
6012967
4526387
1893441
1916098
2536475
750
2923123
1993063
23209127
18815383
6043974
1820625
16185085
795012
1361590
4312124
281479
237731
296224
280177
885393
914620
2687222
262021
14004456
3931129
700610
1618135
85183
28043
38720
18614
3250
124955
76259
35142
153774
72125
34888
33510
46697
23
48527
34471
375726
266112
85124
26406
262653
12153
22464
55497
6400
8118
10254
7091
13870
7587
42175
2222
123903
52894
11280
32131
47021
5337
15233
7356
1374
68364
21272
23446
101991
33572
18375
18405
9926
2416
29169
25176
281506
212968
47525
13906
176668
3525
13017
11771
4222
2143j
2198
2905
7700
282
17523
851
61511
38935
2428
8414
49873
5600
16230
7985
1374
71275
26940
26239
104233
50595
19522
17861
10616
3656
29549
27315
274025
234104
50985
15380
191393
3477
13339
15629
3983
2143
2148
2906
5856
1291
15524
862
63930
54908
2457
10512
Q
o
s
H
Ed
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i
tel
P
o
13
O
00TABLE No 1Continued
Showing Business Done in the State of Georgia by Fire Insurance Companies for the year ending Dec 31st 1913
NAME OF COMPANY
New Hampshire Fire
Niagara Fire
NordDeutche Fire
North British and Mercantile
STATE
Northern Insurance Co
North River Insurance Co
Norwich Union
Orient Fire
Pacific Fire
Palatine Insurance Co
Penna Fire
Penna Lumbermens Mutual Fire
Penna Millers Mutual Fire
Peoples National Fire
Phenix Fire of Paris France
Phoenix Assurance Corporation
Phoenix Fire Insurance Co
ProvidenceWashington Fire
Queen Insurance of America
Rhode Island Fire Insurance Co
Royal Exchange Assurance
Royal Fire Insurance Co
Saint Paul Fire and Marine
Savannah Fire
Scottish Union and National
Security Fire
Southern Mutual Fire
Springfield Fire and Marine
N H
N Y
N Y
N Y
Northern Assurance Co IN Y
n y
N Y
N Y
Conn
N Y
N Y
Pa
Pa
Pa
Pa
RI
N Y
Conn
R I
N Y
R I
N Y
N Y
Minn
Ga
Conn
Conn
Ga
Mass
Risks Written
During Year
Total
Premiums
Losses
Paid
2983280 31591
2389899 37997
1116345 22708
8946928 90034
4526606 61316
437071 6440
1827694 30426
2437428 28778
1817905 27026
139607 2126
2406178 39984
3889635 73536
258070 5757
38400 1324
938973 14679
236014 1887
4129083 51779
7172891 101559
2500971 30857
7991555 141691
603816 7495
1348267 27434
7569564 106189
2436376 39396
647763 10396
3832069 49982
3271351 39560
41196309 383147
5455578 89779
Losses
Incurred
11385
24016
3687
38093
22959
2737
28509
13434
9298
19041
40630
2184
414
4657
822
14357
64100
8740
75708
1350
18993
70840
23690
4638
25395
28768
83952
63054
17608
27922
3996
39290
24203
3737
31125
12685
11369
722
20154
41917
2134
414
5507
829
15276
62324
8445
75955
1391
21803
73195
22031
5146
36746
21953
85999
66797
O
00
OS
O
o
s
H
w
o
t1
g
w
Q

W
P
W
o
13Standard FireConn
Sun Insurance OfficeN Y
Svea Fire and Life and Insurance CoN Y
Union Fire of Paris FrancejR I
United Firemans FirePa
United States FireN Y
West Chester FireN Y
Western Assurance CoCanada
Williamsburg City FireN Y
Yorkshire Insurance CoNY
Total
1104996
2409873
1237769
279926
774330
916707
2941988
2067474
1706897
801640
9723
57915
17039
2926
13918
14886
36308
32714
27576
10327
407
48317
9112
844
1805
12875
23888
15849
25565
1622
385257382 5607213 3060026
3917
45322
11248
893
2696
14626
27549
16237
34055
1745
3270841
O
00TABLE No 2
Showing Business Done in the State of Georgia by Marine and Inland Insurance Companies for the Year Ending Dec 31st 1913
O
00
00
Q
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H
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o
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W
O
w
NAME OF COMPANY
STATE
Risks
Written
during
Year
Total
Premiums
Losses
Paid
Losses
Incurred
Aetna Insurance CoConn
Boston Insurance CoMass
Commercial Union Assurance Co LtdN Y
Continental Insurance CoN Y
Firemans Fund Insurance CoCalif
Home Insurance CoN Y
Hartford FireConn
Insurance Co of North AmericaPa
London Assurance CorporationN Y
Mass Fire and MarineMass
Phoenix Assurance CorporationN Y
ProvidenceWashington Insurance CoR I
Royal Exchange AssuranceN Y
Royal Fire Insurance CoNY
Saint Paul Fire and Marine Insurance CoMinn
Thames and Mersey Marine Insurance CoN Y
Union Marine Insurance CoN Y
United States LloydsNY
Western Assurance CoCanada
5723459
456812
30520621
1250
333266
725400
640572
35673882
730279
150
111555
943131
192928
244110
3920842
4696923
433517
889020
493746
56576
8786
149715
17
18026
1583
10177
264047
3502
4
2492
13701
2583
3822
26539
34239
10326
5443
2492
8387
8713
28517
8387
8598
28517
4850
1572
6814
84858
1597
4850
6966
99158
1597
Neg
1364
8414
881
vS92
9168
15238
10480
9847
Neg
3724
13853
858
892
9725
17228
10480
6105
86731463
614070 199808
219154TABLE No 3
Showing Business Done by Life Insurance Companies During the Year
Ending Deo 31 1913TABLE No 3
Showing Business Done by Life Insurance Companies During the Year Ending Deo 31 1913
NAME OF COMPANY
Aetna Life
American Central
American National
Atlantic Life
Bankers Reserve
Cherokee Life
Citizens National
Columbia Life
Columbian National
Commercial Life and Casualty
Connecticut Mutual
Cosmopolitan Life
Empire Life
Equitable Life
Fidelity Mutual
Franklin Life
Germania Life
Home Life
Illinois Life
Indiana National
International Life
InterSouthern Life
Jefferson Standard
Life Insurance Co of Va
Manhattan Life
Maryland Life
Mass Mutual
State
Conn
Ind
TexEst
Va
Neb
Ga
Ky
Ohio
Mass
Ga
Conn
Ga
Ga
N Y
Pa
111
N Y
N Y
111
Ind
Mo
Ky
N C
Va Ord
N Y
Md
Mass
New Busi
ness Writ
ten during
Year
1660360
18510
2314791
14000
163191
43000
050500
513650
983113
826323
734324
409750
752019
945305
738593
840902
235790
222525
1003020
246500
236043
1610483
911134
515394
381662
1947443
1237200
Cancelled
during
Year
Total Ins
in Force
1093298
14000
1718390
148000
46500
110000
1253000
31500
686854
505665
314891
1345888
4782610
1225545
509029
549330
134081
145947
1102285
87000
470155
384936
1033176
233000
388406
176121
452226
8574645
26700
7199718
413786
216216
105000
4707050
533650
2723385
1899013
2786383
704438
14339159
14108270
4162389
3176580
1461764
1915985
3376302
318500
1230794
1789006
3795057
1347353
2962318
2794263
10624908
Premiums Losses
Incurred
254631
990
561014
13329
6938
104781
105268
8790
82539
57839
87528
20377
505536
460411
149652
62102
48737
61343
85650
9194
40751
19468
127734
36663
82767
80965
375088
Losses
Paid
177384
7900
1000
19884
11042
3000
56328
6000
118500
238663
47855
20235
19788
16062
31485
2000
10000
10000
39123
10000
35438
19285
41500
170384
5500
1000
19884
Losses
Unpaid
21042
500
55922
6000
130927
274970
47361
17235
15788
16062
32511
1000
14000
15000
37205
10500
37088
12685
470721
14582
4400
5000
3500
17790
18489
15535
3000
5245
4000
1000
7063
1000
5000
500
2000
7043
O
o

H
W
O
P
t1
fed
W
Q
ts
fed
p
fed
o
H
HMeridian Life
Metropolitan Life
Michigan MutualMich
Missouri State LifeMo
Mutual BenefitN J
Mutual LifeNY
National Life of U S AHI
National LifeVt
New England MutualMass
New York Life Insurance CoNY
North American111
North Western Mutual LifeWis
Pacific MutualGal
PanAmerican LifeLa
Prudential Insurance CoNJ J
Penn Mutual LifePa
Philadelphia LifePa
Phoenix Mutual LifeConn
Pittsburg Life and Trust CoPa
Reserve Loan Lifelid
Pa
Ga
NY
Tenn
Ala
W Va
Ind
Mass
Ga
Conn
Ohio
111
Tenn
Ind 1541537
NYOrd3217547
517266
832181
2760216
3473431
504581
1842027
1100670
3581
23044
2162300
153453
359494
rd1635050
4533039
737142
1632293
507930
291931
1115141
2396589
382331
1209688
536796
2343698
Reliance Life
Standard Life Ord Ind
Security Mutual Life
Southern Insurance Co
Southern States Life Insurance
Southern States Mutual Life W Va
StateLife
State Mutual Life Assurance Co
State Mutual Life Insurance Co
Travelers Insurance Co
Union Central Life
U S Annuity Life
Volunteer State Life
211146
253910
602000
498500
249750
353385
Total
2437296
93536
1019320
401717
489498
497927
3012997
317483
702070
1338933
204098
184882
1209382
1749739
2534
290487
440432
479210
28250
250279
1710462
147286
235528
2355649
319786
1424583
324370
586305
64895194
43377567
3399456
11588361
1895380
1215569
18230762
29344455
2069701
7695763
6162131
27734510
27988
23134983
1917571
452720
14788198
30605352
9500
2662223
1302708
1143100
2243819
221500
2202207
81500
9417186
423283
6869433
2017554
7724304
5062951
17197079
481657
2437519
339053055
76501
349888
55120
43079
579173
1002799
96164
218528
193064
906842
1099
707154
58882
10554
419345
1003655
1822
81960
34575
40842
74784
4211
70789
3615
331289
12523
155555
69086
250026
143393
520126
12327
66079
15000
71205
24570
10183
164037
576141
31812
57007
61546
362847
15000
75705
24570
11169
180537
550924
30770
62000
61071
403298
2000
7500
223689
28376
7000
148785
304240
217459
28376
7000
152312
290638
59214
10215
1000
15544
30266
46722
2000
31879
16558
39500
88266
133674
5000
14080
48100
12215
1000
35922
45722
2000
11044844 3522828
15558
40000
92425
138674
5000
15088
14
37925
2042
6007
475
21922
3552169
10218
5500
23602
11114
100
257
I601
1000
6000
1000
3500
1000
257924
a
o
K
Ed
O
I
I
o
13
OTABLE No 3Continued
Showing Business Done by Industrial Life Insurance Companies During the Year Ending Dec 31 1913
NAME OF COMPANY State New Business Written during Year Cancelled during Year Total Ins in Force Premiums Losses Incurred Losses Paid Losses Unpaid
American National Insurance Co Life Insurance Co of Va Texas Va N Y Tenn Not stated 3144525 4684822 439118 Not stated 2174161 3312584 293969 Not stated 5134047 22617679 322387 77362 207074 756984 43798 47442 49818 262881 14013 47442 50875 263691 13985
314 2464 81
Metropolitan Life
National Life and Accident Co

Totals 8268465 606326 5780714 113073 28074113 493253 1085218 2006 374154 244 375993 244 2859
Standard Life Ga
Totals 8874791 5893787 28567366 1087224 374398 376237 2859
o
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o
HTABLE No 4
Showing Business Done in the State of Georgia by Miscellaneous Insurance
Companies During the Year Ending Dec 31 1913TABLE No 4
Showing Business Done in the State of Georgia by Miscellaneous Insurance Companies during the Year Ending Dec 31 1913
NAME OF COMPANY State Health Accident Liability Fidelity Surety Plate Glass Steam Boiler Fly Wheel
Prems Losses Prems Losses Prems Losses Prems Losses Prems Losses Prems Losses
Aetna Ace Liability Conn Conn Mass Penna In y Mo Texas N Y Mass Ind Mass Mo Mich N Y Md N Y Penna Ga N Y N Y Conn Ala Tenn N Y N Y 111 Mass 28036 12617 78S 44 2851 1026 380
Aetna Life Ace Dept 56547 26154
American Bonding Ins 4222
American Casualty 5606 3007 2486 1099 1940 1526
Amer Crdt Indemnity
American Life Accident 7683 10700 4019 3907
American National
American Surety 18816 476 15736 1916
Columbian National Life 13502 69022 2411 8498 32197 1022
Continental Casualty
Employers Liability 15136 16317 2091 21256 549 29
Equitable Surety 1436 8
Federal Casualty 4833 70985 5415 460 42323 34883 18 15187 2008 50827 2456 26 34265 31110 62 1634
Fidelity Casualty 13770 12021 1251 7270 33528 2433 6057 2918 266 8061 16594 1649 4475 724 1924 170 8717 808
Fidelity Deposit 2453021037 20591 19633

Frankfort General
General Accident
Georgia Life 1528 36 2404 4055 113 1806 2129 1036
Globe Indemnity
Great Eastern Casualty
Hartford Steam Boiler 22961 837
Interstate Casualty 3610 34949 1375 18148 7529 2475 27 270 136 152
Interstate Life Accident
Lloyds Plate Glass 1192 594
London Lancashire 130 3492 1806
London Guar Accident 2876 1205 14345 7714 126
Loyal Protective

o
to
O
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K
D
H
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O
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si
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I
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g
w
o
faMaryland CasualtyMd
Masonic Mutual AccidentMass
Masonic Protective AssnMass
Mass Bonding Insurance Mass
Metropolitan CasualtyNY
National CasualtyMich
National SuretyNY
New England CasualtyMass
New York Plate GlassIN Y
North American Accident111
Ocean Accident GuarN Y
Pacific Mutual LifeCal
Preferred AccidentN Y
Provident Life AccidentTenn
Reliance LifePenna
Ridgley ProtectiveMass
Royal CasualtyMo
Roval IndemnityN Y
Standard AccidentMich
Travelers IndemnityConn
Travelers Insurance CoConn
United States CasualtyN Y
United States Fid Guar Md
United States Health Acc Mich
Total
36105
5229
14130
2650
7601
6194
175761 77086 423891 3638 6 4347 2935
7949
9841
2101
3103
9339
6839
20371
5414
39138
7879
7618
2680
10950
8823
16878
30814
418
78954
17719
19358
9100
988
948i
1025
20707
29541
4023
548
7781
2650
5922
16176
45
37546
7942
7572
6378
4579
26374
2725
145
73S388
391155
261
36076
2892
11234
12
503
4588
14532
13626
793
22328
9533
1009
90918
34919
41497
12638
11631
37516
20551
10
5692
562
4481
6774
8899
59921 2733
1251
1798
84
24026184
455537
9606
2505879738941499
3840
2859
623
842
719
531
1368
9094
127 1000
206 82
558 2412
41893
11953457544
10793
13
4471
292
1237
1860
1934
1811
1115
356361531046758 1937
O
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H
OTABLE No 4Continued M
Showing Business Done in the State of Georgia by Miscellaneous Insurance Companies during the Year Ending Dec 31st 1913
C5
NAME OF COMPANY State Burg Theft Credit Auto Teams Workmans Collective All Others Totals
Prems Losses Prems Losses Prems Losses Prems Losses Prems Losses
Aetna Ace Liability Conn Conn Mass Penna N Y Mo Texas N Y Mass Ind Mass Mo Mich N Y Md N Y Penna Ga N Y N Y Conn Ala Tenn NT Y N Y 111 Mass 1554 1473 20398 13138 240 10C 29032 84585 15136 38771 4324 5911 5596 4019
Aetna Life Ace Dept
American Bonding 75 10708 102 16 5596
American Casualty 54C 263 10647 10708 7683 10700 34551 13502 69022 19706 3527 4833 103556 66236 1851 62042 83554 2686 15289 22961 13093 34949 1192 130 20334 1806
American Credit Indemnity
American Life Accident
American National
American Surety 3907
Columbian National Life 1440 8498 32197 16876 8 2008 61062 46537 293 42742 58179 1746 1634 837 5015 1148 594
Continental Casualty
Employers Liability 345 1 1265 766
Equitable Surety
Federal Casualty
Fidelity Casualty 5019 1572 41 265 1338 16 102 1334 240 2047 591 1383 99 2185 5877 107 112 85
Fidelity Deposit
Frankfort General
General Accident 416 3168 35
Georgia Life 216 14
Globe Indemnity
Great Eastern Casualty
Hartford Steam Boiler
Interstate Casualty 88 1488 1013
Interstate Life Accident

London Lancashire
London Guar Accident 978 32 1546 880 154 14 502
Loyal Protective LiveStkSpkr 1205
a
o
g
H
W
o
g
g
td
t
Q

W
P
W
H
d
o
W
HMaryland Casualty
Masonic Mutual Accident
Masonic Protective Assn
Mass Bonding Insurance
Metropolitan Casualty
National Casualty
National Surety
New England Casualty
New York Plate Glass
North American Accident
Ocean Accident Guar
Pacific Mutual Life
Preferred Accident
Provident Life Accident
Reliance Life
Ridgley Protective
Md
Mass
Mass
Mass
N Y
Mich
N Y
Mass
N Y
111
N Y
Cal
N Y
Tenn
Penna
Mass
Royal CasualtyMo
Royal Indemnity
Standard Accident
Travelers Indemnity
Travelers Insurance Co
United States Casualty
U S Fid Casualty
U S Health Accident
N Y
Mich
Conn
Conn
N Y
Md
Mich
Total
5548
422
2019
1166
12614
379
1500
65
282
20
18158
1920
562
4723
51455
33
8151
3386
32
569
1287
27
29
221
200
38
13007
726
452
394
32469
6549
1801
12194
545
6357
2570
1216
3604
94
1953
27
2120
9794
198
605
557
1902
729651 32977
55
198
181
2356
16723
660
12625 5188
100
152280
5229
14130
31118
9399
6194
26879
17032
2859
20371
60307
39138
8609
7618
2680
10950
8823
57995
42148
15430
170476
56090
146383
9100
1649412
a
70844
2908
7949
11920
2820
3103
13769
1829
1368
9481 g
66264 HJ
20707 g
3682 o
4023
548 g
7781 W
2650
28187
29023
3649
75260
29222
44773
6378
Q
W
819332
o
1TABLE No 5
Showing Business Done in the State of Georgia by Assessment Insurance Companies during the Year Ending Dec 31st 1913
NAME OF COMPANY
Location
ASSESSMENT FIRE COMPANIES
Farmers Cooperative Fire
Farmers Mutual Fire
Farmers Mutual Insurance AssnjOakman
Farmers Protective Fire
Free State Cooperative Fire
German Mutual Fire
Jackson Ga
Dawson Ga
Ga
Lithonia Ga
Danielsville Ga
Savannah Ga
Gordon Co Mutual Fire and Storm fvihniiTi Ga
South Ga Farmers Fire
Sunlight Insurance Co
ASSESSMENT LIFE COMPANIES
ORDINARY
Merchants Life Assn
National Life Assn
N C Mutual and Prov
INDUSTRIAL
American Insurance Co
Atlanta Mutual
Bankers Health and Life
Continental Aid Assn
Georgia Mutual Ind Life and Health
Guar Mutual Life and Health
Industrial Life and Health
Mutual Benefit Industrial Life
Pilgrim Health and Life
Union Mutual Assn
U S Health and Life
Thomasville Ga
Atlanta Ga
Risks
Written
during Year
Total
Premiums
Total
Burlington Iowa
Total
42000
381500
436529
860029
Savannah Ga
Atlanta Ga
Macon Ga
Atlanta Ga
Augusta Ga
Savannah Ga
Atlanta Ga
Savannah Ga
Augusta Ga
Atlanta Ga
Atlanta Ga
Total
Losses Paid
16717
8205
5418
3041
507
16007
8189
2341
25107
85532
1521
M
57438
60948
51067
127655
187276
107469
130426
72362
442188
129279
261276
205490
70419
1784907
14078
6585
2170
1835
191
8742
2058
2391
38050
2000
27961
29961
19997
48002
71097
44917
46571
29882
184799
51779
105739
89648
27718
O
00
Q
o
s
H
W
O
t1
w
I
Q
H
a
B

hi
o
w
3
720149INDEX
FIRE COMPANIES
A
AACHENMUNICH FIREUS BRANCH
Statement of
iETNA EIRE INS CO HARTEORD CONN j
Statement of
AGRICULTURAL FIRE INS CO WATERTOWN N Y
Statement of
ALLIANCE INS CO PHILADELPHIA PA
Statement of
AMERICAN CENTRAL STOCK FTRE MO
Statement of
AFRICAN DRUGGISTS STOCK FIRE INS CO OHIO
Statement of
AMERICAN INS CO NEWARK N J
Statement of
ATLANTA HOME INS CO ATLANTA
Statement of
ATLANTIC NATIONAL FIRE INS CO
Statement of
ALLIANCE ASSURANCE CO Ltd
Statement of
B
BOSTON STOCK EIRE INS CO MASS
Statement of
BRITISH AMERICA ASSURANCE CO CANADA
Statement of
C
CALEDONIAN FIRE INS CO N Y
Statement of 1100 ComptbollerGeneeal s Report

CAMDEN FIRE INS ASSOCIATION N J
Statement of gg
CITIZENS FIRE INS CO MD
Statement of gg
CITIZENS INSURANCE CO MO
Statement of g2
CITY OF NEW YORK INS CO N Y
Statement of ty
COLUMBIA FIRE INS CO GA
Statement of
COMMERCIAL FIRE INS CO LIST OF COLUMBIA
Statement of va
COMMERCIAL UNION ASSURANCE CO Ltd ENG
Statement of rg
COMMONWEALTH INS CO N Y
Statement of 03
CONCORDIA FIRE INS CO WISCONSIN
Statement of 07
CONNECTICUT FIRE INS CO CONN
Statement of 09
CONTINENTAL INS CO N Y
Statement of qc
D
DIXIE FIRE INS CO N C
Statement of 101
E
EQUITABLE FIRE MARINE INS CO R I
Statement of
EQUITABLE FIRE INS CO S C
Statement of 11
F
FIDELITY PHENIX FIRE INS CO N Y
Statement of
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of r
FIREMANS FUND INS CO
Statement of 2ComptrollerGenerals Report HOI
FIREMENS PIKE INS CO N Y
Statement of
FIRST NATIONAL FIRE INS CO U S D C
Statement of
FITCHBURG FIRE INS CO
Statement of
FRANKLIN FIRE INS CO PA
Statement of
G
GEORGIA FIRE INS CO GA
Statement of
GEORGIA HOME FIRE INS CO
Statement of
GERMAN ALLIANCE INS CO N Y
Statement of
GERMAN AMERICAN INS CO
Statement of
GERMANIA FIRE INS CO N Y
Statement of
GIRARD FIRE MARINE INS CO
Statement of
GLENS FALLS INS CO N Y i72
Statement of
GLOBE AND RUTGERS FIRE INS CO N Y
Statement of
GREAT SOUTHERN FIRE INS CO KY
Statement of
H
HAMBURG BREMEN FIRE INS CO GERMANY
Statement of
HANOVER FIRE INS CO N Y
Statement of
HARTFORD FIRE INS CO CONN
Statement of
HOME INSURANCE CO N Y
Statement of1102 CompxeollebGeneeals Repobt
I
INSURANCE CO NORTH AMERICA PA
Statement of 2f9
INSURANCE CO STATE OE PA PA
Statement of 9f7
L
LIVERPOOL LONDON GLOBE INS CO ENG
Statement of 9
LIVERPOOL LONDON GLOBE INS CO N Y
Statement of 01
uYi
LONDON ASSURANCE COR ENG
Statement of
LONDON LANCASHIRE FIRE INS CO ENG
Statement of on
660
LUMBER INS CO N Y
Statement of
LUMBER FIRE INS CO MASS
Statement of
LUMBER UNDERWRITERS OF N Y
Statement of 97
LUMBERMENS MUTUAL FIRE OH re
statement of
240
M
MASSACHUSETTS FIEE AND MARINE MASS
Statement of
244
MERCANTILE MUTUAL FIRE R I
Statement of
248
MERCANTILE MECHANICS INS CO WIS
Statement of
M
N
NATIONAL BEN FRANKLIN FIRE INS CO
Statement of
NATIONAL FOREIGN FIRE
Statement of oq
NATIONAL FIRE INS CO CONN
Statement of ComptrollerGenerals Report U03
NATIONAL UNION FIRE INS CO m
Statement of
NEWARK STOCK EIRE INS CO m
Statement of
NEW BRUNSWICK FIRE INS CO
Statement of
NEW HAMPSHIRE FIRE INS CO 27j
Statement of
NIAGARA FIRE INS CO 2g4
Statement of
NORDDEUTSCHE INS CO 2g8
Statement of
NORTH BRITISH AND MERCANTILE FIRE INS 00 U S
Statement of
NORTHERN INS CO Ltd m
Statement of
NORTHERN INS CO N Y 300
Statement of
NORTH RIVER INS CO 304
Statement of
NORTH WESTERN NATIONAL FIRE INS CO
Statement of
NORWICH UNION FIRE SOCIETY ENGLAND
Statement of
O
ORIENT INS CO HARTFORD CONN
Statement of
P
PACIFIC FIRE INS CO N Y 320
Statement of
PALATINE INS GO Ltd ENGLAND
Statement of
PENNSYLVANIA FIRE INS CO m
Statement of
PENNSYLVANIA LUMBERMENS FIRE
Statement of1104 ComptrollerGenerals Report
PENNSYLVANIA MILLEES EIRE INS CO
Statement of
PEOPLES NATIONAL EIRE INS CO
Statement of
S3b
PHENIX FIRE INS CO
Statement of
PHOENIX ASSURANCE Ltd ENGLAND
Statement of
344
PHOENIX EIRE INS CO
Statement of
348
PEOVIDENCEWASHINGTON FIBE
Statement of
352
Q
QUEEN INS CO OF AMERICA
Statement of
356
E
RHODE ISLAND INS CO
Statement of
361
BOYAL EXCHANGE ASSURANCE ENGLAND
Statement of
365
ROYAL INS CO Ltd ENGLAND
Statement of
368
S
ST PAUL FIRE MARINE INS CO
Statement of
373
SAVANNAH FIRE INS CO GA
Statement of
378
SCOTTISH UNION NATIONAL INS CO
Statement of
382
SECURITY INS CO CONN
Statement of
386
SOUTHERN MUTUAL FIRE
Statement of
390
SOUTHERN UNDERWRITERS STOCK FIRE
Statement of
393

ComptrollerGenerals Report 1105
SPRINGFIELD FIRE AND MARINE
Statement of
STANDARD FIRE INS CO 4Q0
Statement of
SUN INS CO ENGIT S BRANCH
Statement of
SVEA FIRE AND LIFE Ltd SWEDEN
Statement of
U
UNION FIRE INS CO FRANCE
Statement of
UNITED STATES FIREMENS FIRE
Statement of
UNITED STATES FIRE INS CO g
Statement ofV
W
WESTCHESTER FIRE INS CO
Statement of
WESTERN ASSURANCE CO CANADA
420
Statement of
WILLIAMSBURG CITY FIRE INS CO
Statement of
Y
YORKSHIRE INS CO Ltd ENGLAND U S BRANCH
Statement of
LIFE COMPANIES
A
iETNA LIFE INS CO CONN
Statement of
AMERICAN CENTRAL LIFE
Statement of j 449
AMERICAN NATIONAL INS CO
Statement of V 4551106 ComptbollebGenebals Eepobt
atlantic life ins co
Statement of 4
B
BANKERS RESERVE LIFE CO
Statement of 4gg
C
CHEROKEE LIFE INS CO
Statement of 47
CITIZENS NATIONAL LIFE INS CO KY
Statement of 475
COLUMBIA LIFE INS CO
Statement of 4gl
COLUMBIAN NATIONAL LIFE MASS
Statement of 4q
COMMERCIAL LIFE CASUALTY CO
Statement of 4g2
CONNECTICUT MUTUAL LIFE CONN
Statement of 4qq
COSMOPOLITAN LIFE GA
Statement of 502
E
EMPIRE LIFE INS CO
Statement of 50
EQUITABLE LIFE ASSURANCE SOCIETY
Statement of 513
F
FEDERAL LIFE INS CO
Statement of 521
FIDELITY MUTUAL LIFE INS CO
Statement of 507
FRANKLIN LIFE INS CO
Statement of 533
O
GERMANIA LIFE INS CO
Statement of gonComptrollerGenerals Report UW
H
HOME LIFE INS CO 546
Statement of
I
INDEPENDENT LIFE INS CO TENN
Statement of
ILLINOIS LIFE INS CO 5g
Statement of
INDIANA NATIONAL LIFE g63
Statement of
INTERNATIONAL LIFE INS CO 567
Statement of
INTERSOUTHEKN LIFE INS CO
Statement of
J
JEFFERSON STANDARD LIFE INS CO
Statement of
L
LIFE INS CO OF VIRGINIA 584
Statement of
M
MANHATTAN LIFE INS CO g9Q
Statement of
MARYLAND LIFE INS CO 5g7
Statement of
MASSACHUSETTS MUTUAL LIFE INS CO
Statement of
MERIDIAN LIFE INS CO 610
Statement of
METROPOLITAN LIFE INS CO 6lg
Statement of
MICHIGAN MUTUAL LIFE INS CO
Statement of
MISSOURI STATE LIFE INS CO 62g
Statement of1108 ComptrollerGenerals Report
mutual benefit life ins co
Statement of gj5
MUTUAL LIFE INS CO
Statement of 541
N
NATIONAL LIFE ACCIDENT INS CO
Statement of 549
NATIONAL LIFE INS CO
Statement of 653
NATIONAL LIFE INS U S AMERICA
Statement of 659
NEW ENGLAND MUTUAL LIFE
Statement of 666
NEW YORK LIFE INS CO
Statement of 671
NORTH AMERICAN LIFE INS CO
Statement of 678
NORTH WESTERN MUTUAL LIFE
Statement of 683
P
PACIFIC MUTUAL LIFE
Statement of 690
PANAMERICAN LIFE INS CO
Statement of 697
PENN MUTUAL LIFE INS CO
Statement of 702
PHILADELPHIA LIFE INS CO
Statement of 709
PHOENIX MUTUAL LIFE INS CO
Statement of 714
PITTSBURGH LIFE AND TRUST CO
Statement of 720
PRUDENTIAL IXS CO OF AMERICA
Statement of 726
R
RELIANCE LIFE INS CO
Statement of733ComptrollekGenebals Report 1109
RESERVE LOAN LIFE INS CO
Statement of
S
SECURITY MUTUAL LIEE INS CO
Statement of
SOUTHERN INS CO 752
Statement of
SOUTHERN LIFE AND TRUST CO
Statement of
SOUTHERN STATES LIFE INS CO
Statement of
SOUTHERN STATES MUTUAL LIFE
Statement of
STANDARD LIFE INS CO 77Q
Statement of
STATE LIFE INS CO 772
Statement of
STATE MUTUAL ASSURANCE CO
Statement of r
STATE MUTUAL LIFE INS CO 7g
Statement of
T
TRAVELERS INS CO LIFE DEPT
Statement of
U
UNION CENTRAL LIFE INS CO
796
Statement of
U S ANNUITY LIFE INS CO
Statement of
V
VOLUNTEER STATE LIFE INS CO
Statement of 1110 ComptrollerGenerals Keport
ASSESSMENT COMPANIES
A
AMERICAN INSURANCE CO
Statement of 813
ATLANTA MUTUAL LIFE ACCIDENT ASSOCIATION
Statement of 815
B
BANKERS HEALTH LIFE INS CO
Statement of 817
C
CONTINENTAL AID ASSOCIATION
Statement of 819
F
FARMERS COOPERATIVE ASSESSMENT FIRE
Statement of 821
FARMERS MUTUAL ASSESSMENT FIRE
Statement of 823
FARMERS PROTECTIVE FIRE INS CO
Statement of 823
FREE STATE COOPERATIVE ASSESSMENT FIRE
Statement of 05
G
GERMAN MUTUAL FIRE INS CO
Statement of g9g
GEORGIA MUTUAL INSURANCE LIFEHEALTH
Statement of 2
GLOBE FIRE INSURANCE CO
Statement of g29
GORDON COUNTY MUTUAL FIRESTORM
Statement of g3Q
GUARANTEE FUND LIFE ASSOCIATION
Statement of 001
GUARANTY MUTUAL LIFEHEALTH
Statement of 034ComptrollerGenerals Report 11U
i
INDUSTRIAL LIFE HEALTH CO g3g
Statement of
M
MUTUAL LIFE ASSOCIATION CO g39
Statement of
MUTUAL BENEFIT INDUSTRIAL ASSOCIATION
Statement of
N
NATIONAL CASUALTY CO 994
Statement of
NATIONAL LIFE ASSOCIATION g44
Statement of
N C MUTUAL PROVIDENT ASSOCIATION
Statement of
P
PILGRIM HEALTH LIFE CO g4g
Statement of
S
SOUTH GEORGIA FARMERS ASSESSMENT FIRE
Statement of
SUNLIGHT INSURANCE CO g5i
Statement of
U
UNION MUTUAL ASSOCIATION g53
Statement of
IT S HEALTH LIFE CO g55
Statement of
MISCELLANEOUS COMPANIES
A
ETNA ACCIDENT LIABILITY CO
ooo
Statement ot
AMERICAN BONDING CO MD
Statement of 1112 ComptrollerGenerals Report
AMERICAN CASUALTY CO PA
Statement of g87
AMERICAN CREDIT INDEMNITY CO N Y
Statement of 871
AMERICAN LIFE ACCIDENT CO
Statement of 874
AMERICAN NATIONAL INSURANCE CO
Statement of 877
AMERICAN SURETY CO N Y
Statement of 879
0
COLUMBIA INSURANCE CO
Statement of 884
COLUMBIAN NATIONAL LIFE CO MASS
Statement of 887
CONTINENTAL CASUALTY CO
Statement of 889
E
EMPLOYEES LIABILITY ASSURANCE CORP
Statement of 893
EQUITABLE SURETY CO
Statement of 898
F
FEDERAL CASUALTY CO
Statement of 902
FEDERAL LIFE INS CO
Statement of 904
FIDELITYCASUALTY CO N Y
Statement of 907
FIDELITYDEPOSIT CO MD
Statement of 95
FRANKFORT GENERAL INS CO N Y
Statement of i
a
GENERAL ACCIDENT FIRE LIFE ASSN CORP
Statement of gg
CIOORGIA LIFE INS CO GA
Statement of 932
GLOBE INDEMNITY CO
Statement of 937
I UK AT EASTERN CASUALTY CO
Statement of 943CompteollebGenebals Eepoet 1113
H
HARTFORD STEAM BOILBE INSPECTIONINS CO
iStatement of
I
INTERSTATE CASUALTY CO 9gl
Statement of
KENTUCKY LIVE STOCK INS CO 9g5
Statement of
L
LLOYDS PLATE GLASS INS CO 958
Statement of
LONDONLANCASHIRE GEN ACCIDENT CO
Statement of
LONDON GUARANTEE ACCIDENT CO
Statement of
LOYAL PROTECTIVE INS CO gn
Statement of
M
MARYLAND CASUALTY CO 974
Statement of
MASONIC MUTUAL ACCIDENT CO jgo
Statement of
MASONIC PBOTECTIVE ASSOCIATION
Statement of
MASSACHUSETTS BONDING INS CO
Statement of
METROPOLITAN CASUALTY CO y90
Statement of
N
NATIONAL SURETY COMPANY
Statement of
NEW ENGLAND CASUALTY COMPANY
Statement of
NEW YORK PLATE GLASS INS CO
Statement of
NORTH AMERICAN ACCOUNT INS CO
Statement of
O
OCEAN ACCIDENT GUARANTEE CORP
Statement of 1114 ComptrollerGenerals Report
p
pacific mutual lifeaccident dept
Statement of 1020
PREFERRED ACCIDENT INS CO
Statement of 1024
PROVIDENT LIFEACCIDENT INS CO TENN
Statement of g9g
R
RELIANCE LIFE INS CO PA
Statement of 1032
RIDGELY PROTECTIVE ASSOCIATION MASS
Statement of 1034
ROYAL CASUALTY CO MO
Statement of 1 n7
ROYAL INDEMNITY COMPANY
Statement of 1 n4n
S
STANDARD ACCIDENT INS CO
Statement of r
SUBSCRIBERS U S LLOYD FIRE MARINE
Statement of 07
T
THAMESMERSEY MARINE INS CO Ltd
Statement of inn
TRAVELERS INDEMNITY CO CONN
Statement of
105d
TRAVELERS INSURANCE COMPANY
Statement of n
U
UNITED STATES CASUALTY COMPANY
Statement of 106
UNITED STATES FIDELITY GUARANTY CO
Statement of
U S HEALTH ACCIDENT INS CO
Statement of
107o
OA
Al
I 13
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UNIVERSITY OF GEORGIA LIBRARIES
3 SIDfl OSM Efi3