THE LIBRARY OF THE UNIVERSITY OF GEORGIASTATE CAPITOL ATLANTAREPORT OF THE Insurance Department OF THE COMPTROLLERGENERALS OFFICE FOR THE YEAR ENDING DECEMBER 31 1914 Atlanta Ga Chas P Byrd State Pkinter 1915 THE GENERAL LIBRARY THE UNIVERSITY OF GEORGIA ATHENS GEORGIAn LIBRARY V Op GECM REPORT Atlanta January 1 1915 To His Excellency John M Slaton Governor Sir In compliance with law I have the honor to sub mit the annual report of the Insurance Department for the year ending December 311914 Conforming with the practice established last year the reports of the several companies contained herein show the condition of these companies as at the end of the last calendar year The following table furnishes a progressive compari son of the growth of the insurance business in the past thirtythree years FIRE AND FIRE AND MARINE COMPANIES Year No of Companies Premiums Collected Losses Paid 1883 45 1412148 00 1393070 00 1893 55 1691708 00 1043354 00 1903 56 3195426 00 1431333 00 1913 103 t 6326926 00 3215788 00 1914 103 5490196 00 3460957 00 The above figures for 1913 do not include the com panies that do marine business only Such companies are now classed as Miscellaneous Companies LIFE INSURANCE COMPANIES Amt Ins in Force 1883 15 296824 00 9098822 00 1893 27 2375244 00 69931265 00 1903 41 5298816 00 142672751 00 1913 59 11440520 00 367623921 00 1914 60 10629693 00 330082717 00 THE GENERAL LIBRARY THE UNIVERSITY OF GEORGIA ATHENS GEORGIA LBRARYVI ComptbolleeGeneeals Eepoet MISCELLANEOUS INSURANCE COMPANIES 1883 None None None 1893 4 4337 00 420 00 1903 22 122957 00 14333 00 1913 53 1653515 00 832971 00 1914 50 1639581 00 827347 00 FRATERNAL ORDERS Thirtythree fraternal orders reported that they had collected from members during the year 1914 dues and assessments to the extent of 117050128 EXAMINATIONS In the supervision of the companies chartered in and operating in this State special examinations of compan ies have been made during the year 1914 In each case re ports have been filedshowing the conditions discovered by the examinations and ruling and recommendations have been made to correct practices not in accord with sound business The following are the companies exam ined during 1914 Atlanta Mutual Co Bankers Health Life Co Col umbia Fire Co Empire Life Insurance Co Georgia Cas ualty Co Georgia Mutual Industrial Life Health Co Pilgrims Health Life Co Savannah Fire Insurance Co Standard Life Insurance Co Union Mutual Assn Two companies the American Life and Annuity Com pany and the Cosmopolitan Life Insurance Company were placed in liquidation through this Department by orders of court prior to the beginning of the year covered by the report Statements of the transactions in these two companies follow In the case of the American Life and Annuity Company there have been many matters in suit some of which are still pending These are being pressed with 1 0 CompteolleeGenebals Repoet Vll all possible diligence looking to a full disposition of this companys affairs The affairs of the Cosmopolitan Life Insurance Com pany have been brought to a point where a final distri bution may be made and this Department discharged from further duties in this connection The statement of this companys affairs incorporated herein covers the whole period of this Departments supervision under orders of court Accompanying this report is a statement of the ex penses of this Department for the year 1914 and also of the Fire Inspectors Fund for that year SUGGESTED LEGISLATION There are certain faults in the Fraternal Societies Act passed at the last session of the Legislature which should be corrected in order to make the Act most effec tive In Section 15 an annual license fee of forty dollars is provided while the last paragraph of Section 16 provides a less amount as license fee of foreign societies The fee for annual license should be established at forty dol lars Section 32 of this Act exempts societies with a mem bership of less than 5000 thus defeating the purpose of the whole Act Public policy demands that fraternal so cieties no matter how small should be thoroughly and intelligently supervised and guided where necessary in the established principles of insurance The provis ions of this Act are a step forward in this direction and the small societies should be made to comply with these provisions as well as the large Indeed the smaller societies by complying with this Act may be taught to avoid the mistakes that some of the larger societies have made in the past IVlll ComptrollerGenerals Report GENERAL INSURANCE ACT OF 1912 The statute above referred to has been in operation for something over two years and as anticipated by its authors and supporters has very largely clarified the insurance situation in this State Under its wise pro visions this department has been vested with authority to protect the public from wildcat promotional schemes which had formerly flourished in this State in the absence of any law for the protection of credulous investors No provision of this statute has been of more immediate benefit to the public than the section which I drafted deal ing with what are known as Income or Interest Bearing certificates issued by mutual and cooperative or assessment industrial companies The State of Geor gia in 1909 legalized the issuance of these certificates It was a law peculiar to Georgia and unfortunately en couraged in this State many promotional schemes over which the Insurance Department had absolutely no jur isdiction The sale of these certificates caused a financial loss to many citizens not only of this but of other South ern States they by their express terms as well as by a decision of the Supreme Court not being treated as a legal liability in determining the solvency of a company Since the passage of the Act under discussion the further issuance and sale of these certificates has been prohib ited and in addition this department has been given jur isdiction over the sale of stock of insurance companies As a result the professional stock salesman and profes sional promoter has been largely eliminated the conser vative commission fixed by this department holding out no inducements to them Wm A Wright W A Higgins Insurance Commissioner Deputy Insurance CommissionerCompteolleeGtenebals Keport ix DEPARTMENT EXPENSES Postage 305 G0 Telephone telegraph and express 16 12 Printing and stationery 6457 30 Salaries 7500 00 Salary insurance clerk 1800 00 Office fixtures 86 13 Total 16164 55 REVENUE COLLECTED THROUGH INSURANCE DEPARTMENT Licenses of companies and agents 42916 00 Taxes insurance companies 188248 52 Total 23116452 FIRE INSPECTORS FUND Cash in bank Jan 1st 1914 2996 84 Special tax levied Sept 1st 1914 6405 88 9402 72 Withdrawals during 1914 Fire inspectors salary 1800 00 Expense advances and incidental expenses 1576 29 3376 29 Bank balance Dec 31st 1914 6026 43 Balance expense advances of 1913 not covered by 1913 vouchers 16 66 Expense advances of 1914 1576 29 1592 95 Expense vouchers of 1914 1461 05 Balance expense advances not covered by 1914 vouchers 131 90 Total fund Dec 31st 1914 6158 33 AMERICAN LIFE AND ANNUITY COMPANY Statement of Cash Transactions for Year Ending December 31st 1914 Under the Direction of the Insurance Department Bank balance Jan 1st 1914 I150 68ComptrollerGenerals Report 24868 49 Income Cash in office deposited 13 48 Proceeds of sale of bonds 22732 33 Interest on bonds and mortgages 572 33 Payment on principal mortgage loan 400 00 23717 81 Disbursements Premiums refunded 1181 60 Fees and expenses of temporary receiver attorneys and accountants 5741 40 Interest and taxes 2152 29 Clerical salaries 255 00 Death claims 11787 96 Bills payable 3022 36 Sundries 57 53 24198 14 Bank balance Dec 31st 1914 670 35 STATEMENT OF COSMOPOLITAN LIFE INSURANCE COMPANY Under direction of the Insurance Commissioner From date of Court order placing insurance in charge to point of final distribution of assets Selling price of business approved by court order 354000 00 Cash on hand not sold to purchasing company 416 67 354416 67 Payments received on above in accordance with court orders 1 Miscellaneous cash items paid by pur chasing company for commissioner 121536 48 2 Cash dividends paid for commissioner by purchasing company to retiring stockholders 39991 00 3 Preferred shareholders paid cash in full settlement as per court order 5675 00 4 Shareholders preferred by court order transferring their equities to pur chasing company 19750 00 5 Dividends applied as per court order as credits on notes given for stock 644 shares at 43 per cent part value 27692 00 George Bros 2 shares and J B Osburn 2 shares notes in full 6 43 per cent par value dividends credited to 247914 shares transferring their equities to purchasing company 106607 75 100 00ComptbollebGenebals Bepoet XI 7 J C Peavy 25 shares and S I Sheats 25 shares at 43 per cent 2150 00 8 Final dividend credits on notes 644 shares at 329 2118 76 Final dividend transferring equity to purchasing company 2479 shares at 329 8156 73 Final dividend S I Sheats 25 shares J C Peavy at 329 164 50 Claims for salaries 4783 34 Rent 416 67 State tax on premiums 65 88 State and county tax 1912 2790 95 Claim of Joel Armstead 3174 53 Claims for legal services 482 90 Claims for advertising 174 83 Claims for inspection of risks 66 00 Claims for printing and stationery 169 15 Claims for furniture and fixtures 207 41 Claims for medical fees 95 00 Claims for court costs Jeff Davis County 13 50 Sundry miscellaneous accounts and bills 1424 00 Cash dividend to J D Osborne 2 shares at 800 16 00 Balance on hand for distribution as final dividend 659429 Total 354416 67Xll ComptrollerGenerals Eepoet FIRE INSURANCE INSPECTORS REPORT Atlanta Ga Jan 1st 1915 Hon Wm A Wright Insurance Commissioner Atlanta Ga Dear SirAs State Fire Inspector I have investigated the following suspicious fires during the year just past that were reported to me for investigation 1 Atlanta Ga Jan 1st I investigated a fixe that occurred at the old Atlanta Machine Works on King St Atlanta Ga early in January On investigation I failed to find any suspicious circumstances connected with this fire It appeared to tie accidental 2 Millen Ga Jan 2d I visited Millen Ga to investigate a suspicious fire that occurred there last October The parties interested waited so long before notify ing me that when I arrived at Millen I found that Dr Ash in whose dental parlors the fire seemed to have originated had moved away and no one seemed to know anything only hearsay evidence 3 Gaxfield Ga Jan 2d I investigated a fire that occurred near Garfield Ga Jan 2d This was the burning of a barn I secured evidence that convinced me that this barn was burned by a man named G C Gay I turned all the evidence I had over to the SolicitorGeneral They found a true bill against Gay charging him with arson His case was to be tried at the July term of court but he died before court met 4 Macon Ga There was a suspicious fire reported to me that occurred in Macon Ga I investigated this fire and found it to be the burning of a negro house that had some suspicious circumstances connected with it but I could not find any direct evidence 5 Moultrie Ga I investigated a fire that occurred near Moultrie Ga under suspicious circumstances It was the burning of a house owned by Mr R E Lewis but I could not find any direct evidence against anyone 6 Milledgeville Ga At the request of the Governor and the Board of Trustees of the State Sanitarium at Milledgeville I inspected the buildings of that institution as to fire escapes and fire prevention I have made my report to the Hon Jno T Brantley President Board of Trustees G S SComptbolleeGenebals Repobt Xlll 7 Macon Ga On December 29th last year a fire occurred about three miles from Macon Ga It burned a house belonging to Jas E Davis I could only find circumstantial evidence This appeared to be a case of overinsurance 8 Atlanta Ga I investigated a fire that burned a house owned by Mr M Haralson in this city I failed to find anything that caused me to suspicion any one with burning this place It appeared to be accidental 9 Macon Ga I received a wire to come to Macon and investigate the burning of the residence of O J Massee Jr On investigation I was satisfied this was an incendiary fire but I could find no evidence against any particu lar person 9A Macon Ga While in Macon I was requested to investigate a fire that occurred 12 miles out in the country I am satisfied this place was fired for the pur pose of destroying it and that the owner H H Pierce knows much more than he has told but the grand jury failed to find a bill as they did not think a conviction could be had with the evidence submitted 10 Mineral Bluff Ga I visited Mineral Bluff Ga for the purpose of investigating a fire that occurred there last September I failed to find any suspicious circumstances connected with this fire 11 Pavo Ga January 13th I visited Pavo to investigate a fire that occurred there Jan 13th Very strong circumstantial evidence appears against the proprietor C H Eedfern This was an incendiary fire and a case of overinsurance 11A Soperton Ga February 9th While in this section I visited Soperton Ga to investigate a fire that occurred there on the night of Feb 9th in the store of C H Peter son There seems to be considerable talk and suspicion about this fire but I could not find any direct evidence against any particular person This was no doubt an incendiary fire 12 Walnut Grove Ga I visited Walnut Grove for the purpose of investigating a fire that occurred there On investigation I found this house burned last September and the parties had moved to parts unknown 13 Sylvester Ga I visited Sylvester for the purpose of investigating a fire that oc curred there in the Union Cotton Warehouse This was an incendiary fire and I took out a warrant against 0 L Deariso the lessee for arsonXIV ComptrollerGenerals Report and several farmers took out warrants against him for larceny some six or seven warrants in all against him His total bond was 6000 This case is still in court We expect to have it tried at the next term 14 Atlanta Ga I investigated a fire that occurred in the residence of Hon Win A Wright No 99 E 15th St I had the servant girl arrested charging her with arson She confessed and on account of her age she was sent to the reformatory until she is 21 years of age 15 Columbus Ga I was requested to investigate the burning of the pavilion at a park owned by the Street Car Company of Columbus This place was no doubt set on fire but as this was March and the place practically isolated and out of the city it seemed impossible to get suspicious evidence against any one person in particular 16 Macon Ga I investigated a fire that occurred in Macon in the home of J W Yarbrough that was of a very suspicious origin I looked up Yarbrough s record and found same to be very suspicious he having had suspicious fires in Columbus Ga Birmingham and Montgomery Ala on previous occasions A detective has been engaged to work this case and I feel sure of some damaging evidence 16A Ashburn Ga 1 visited Ashburn to investigate the burning of a cotton gin There was considerable suspicion against one man but I failed to find any direct evidence against anyone 16B Talbotton Ga I also visited Talbotton to investigate the burning of the residence of G M Allen I found that the Allen family had had several fires and on that account quite a bad reputation Allen was refused insurance at Talbotton and Woodland but succeeded in getting insurance at Barnes ville This was a very suspicious fire but I could get no direct evidence against anyone 17 Macon Ga I visited Macon at the request of SolicitorGeneral Ross who wanted me before the grand jury in reference to the burning of the Woolfolk place ten miles from Macon This place is now owned by H H Pierce I went out to this place soon after the fire Circumstantial evidence is very strong but in the opinion of the Solicitor and myself the evidence was not sufficient to get a true bill 17A Americus Ga I went from Macon to Americus to attend the meeting of the State Fire Prevention Society I found this to be a very interesting meetingComptbolleeGenebals Eepoet XV and I am satisfied that the way this society is working they will ac complish much good 17B Augusta Ga I went from Americus to Augusta to investigate two suspicious fires Both of these fires were of incendiary origin My investigation is not finished The city detectives are assisting me I gave them all the information I had and will return later 18 LaGrange Ga I investigated a fire that occurred at LaGrange on the morning of April 19th This is a very suspicious fire and my investigation is not complete 19 Atlanta Ga I investigated a fire that occurred at No 284 W Fair St on April 30th I was assisted in this investigation by city detectives Gillespie and McGill After a thorough investigation we arrested S Gerinsky the proprietor and had him tried in the Municipal Court He was bound over to the grand jury which body bound him over to the superior court under bond of 75000 The trial is pending 20 Swainsboro Ga I visited Swainsboro to investigate a fire that occurred near there on the 30tih of April I secured enough evidence against a negro named Benny Bird to warrant my taking out a warrant against him for arson He is not under bond for his appearance in court The trial is pending 21 Macon Ga Last fall I had the grand jury of Bibb County to return a bill against C L Lewis charging him with arson This case was in Macon Lewis was tried but for lack of direct evidence that Lewis himself set fire to this place the jury brought in a verdict of not guilty 22 Hazlehurst Ga I investigated a fire tihat occurred at Hazlehurst This fire occurred more than a year ago but certain things developed that caused suspicion and I was requested to investigate All that I could find was rumors No evidence sufficient to warrant an arrest being made 23 Atlanta Ga I investigated a fire that occurred at No 191 Peters St I found that this place had been robbed and then fired with the help of city detectives we located a negro named Jim George The stolen goods were found in his possession He was bound over under the charge of arson and burg lary and in default of 150000 bond went to jail The Superior Court found him not guilty under the arson charge but sentenced him to serve two years under the charge of burglaryXVI CompteollebGeneeals Report 24 Athens Ga I investigated a fire that occurred in Athens Ga April 30th This fire was of a very suspicious nature but I could find no direct evidence against any particular person The Solicitor is still handling this case and we expect to get some results from further investigation 25 Canton Ga A fire occurred at Canton in the Cherokee Hotel that was reported for investigation but no direct evidence could be found to warrant an arrest being made 26 LaGrange Ga I investigated a fire that occurred near LaGrange April 2d in a negro house owned and occupied by Son Burston I have secured some strong circumstantial evidence and hope to secure more direct evidence I ex pect to take the case before the grand jury the first Monday in August 27 Dublin Ga I investigated a suspicious fire that occurred at this place June 30th After investigating this fire I took out a warrant against Q L Mathews charging him with arson He was bound over to the Superior Court under bond of 250000 His trial is pending 28 Fitzgerald Ga I investigated a suspicious fire that occurred at this place in the store of B O Cook on E Pine St The evidence is very strong and the Solicitor suggests that we work this case quietly and go before the grand jury The Solicitor is to keep me posted and let me know in time 28A Broxton Ga I investigated two fires that occurred at this place one in the store of Jno W Allen which did considerable damage and the other in the home of the town marshal Both of these fires are very suspicious and the mayor has employed the Pinkerton detectives to assist me on both of these cases 29 Dublin Ga I went before the grand jury on the Q L Mathews case and secured a true bill against Mathews for arson and one against Mrs M I Welsh as accessory The gTand jury thought my evidence so strong that they ordered Mathews arrested and put in jail without bond and also had Mrs Welsh locked up without bond The trial is pending and will be tried at an early date 30 Dublin Ga I attended court in the case of Q L Mathews and Mrs M I Welsh This case was badly handled and the jury brought in a verdict of not guilty Some of the evidence I had secured was used and in my opinion the strongest evidence was not used Then some of the evidence wasComptrollerGenerals Report xvn thrown out of court One prominent citizen remarked after the trial well they might as well burn the court house if the law does not allow a conviction insuch cases as these 31 Savannah Ga I was requested to visit Savannah and investigate several suspicious fires but I could get no evidence on anyone direct 31A Columbus Ga I went from Savannah to Columbus and found several suspicious fires In all cases it appeared that the property was overansured A fire of Friedman Son on Broad was very suspicious and I am still looking into this fire I will have to return to Columbus later 32 Dublin Ga I investigated a fire that occurred at this place in the Georgia Grocery Companys store This is a very suspicious fire but will take a little time to work out The mayor and council have hired a detective and will keep me posted 33 Howells Ga I investigated a fire that occurred at this place last June I secured some valuable evidence and presented same to the Solicitor but the grand jury failed to find a bill I sent several witnesses to Statenville to testify before the grand jury but without results 33A Pine Park Ga I investigated a fire that occurred at this place in the store of Mrs J L Baldy which I was satisfied was of incendiary origin Her brother A W Garter was also implicated in this affair and when I took the case before the grand jury they returned a true bill against both parties for arson They are now out under a bond of 200000 each Their trial will come up at the next term of court 33B Norman Park Ga I investigated a fire that occurred at this place where two negroes had set fire to the residence of W M Martin and that Martin had agreed to pay them 5000 to do the job I secured a true bill against all three of them The negros were tried and convicted and sentenced to serve five years each Martin is out under 150000 bond His trial will come up at the next term of court 34 Atlanta Ga I investigated a fire that occurred at No 278 Decatur St this city on the 17th of September This was a very suspicious fire but I could find no direct evidence against any particular person 35 Dublin Ga I returned to this place to make final investigation of the fire at the Georgia Grocery Company and was satisfied that A N Strong and H Bxvm CoMPTROLLEEG ENEEALs RePOBT Thigpen were the guilty parties I secured warrants for arson against both and carried them before the grand jury and they were both bound over under bond of 300000 each 36 Coolidge Ga I investigated a fire that occurred at this place August 2d in the store of T F Moore Some strong circumstantial evidence was found but not enough to do anything with I am still looking into this and expect to find something more definite in the near future 37 Savannah Ga I visited Savannah to investigate a fire that occurred there in the store of J B Whittaker This was a very suspicious fire but I could find no direct evidence against any particular person 38 Atlanta Ga In reference to the Weinberg caso which appears in my last report I worked this case up and went before the grand jury and secured four true bills against Weinberg He was arrested and placed in jail and after wards released under bond of 200000 I attended his trial which was called on September 30th but Weinberg did not appear His bond W33 forfeited and the court ordered that he be brought into court or thai the bond be collected 39 Tifton Ga I investigated a fire that occurred in the barn of W T Register who lives about 10 miles in the country from this place On investigation I found that two negroes Martin Williams and Jno McAllister had made repeated threats against Mr Register I secured warrants against both and they were bound over without bond to the Superior Court Their trial will come up in December 40 Norman Park Ga I attended court at Moultrie to assist in the case of Lewis Johnson and Adam Barr colored See report 33B 41 Athens Ga I investigated a fire that occurred at this place in the store of Eber hart Davis which was of a very suspicious nature but I could get no direct evidence against any particular person sufficient to warrant an arrest being made 42 Coolidge Ga I investigated a fire that occurred at this place in the store of Geo L Duren Jr There was some suspicious circumstances connected with this fire but I could get no direct evidence against any particular personComptbollerGeneeal s Report XIX 43 Coolidge Ga I investigated a fire that occurred at this place in the residence of W S Poitevint This appeared to be a case of overinsurance but I could find no direct evidence against any particular person 44 Norman Park 6a I attended court at Moultrie in the case of Wm Martin of Norman Park but owing to a mistake in the bill made by the Solicitor Judge Thomas rather than throw the case out of court continued it until the January term 45 Nashville Ga I investigated a fire that occurred at this place in the residence of J L Williams but failed to find sufficient evidence to warrant an arrest being made 46 Cuthbert Ga I investigated a fire that occurred 8 miles in the country from Cuth bert where the barn of W C Sanders was burned I had Will Brown arrested tried and convicted and he was sentenced to serve 7 years on the chain gang I also had arrested Arthur Brown and Sherman Butler colored as accessory They will be tried at the next term of court 47 Iron City Ga I investigated a fire that occurred at this place in the store of E B Ward This is a very suspicious and serious case and will take time to work out I think I have the guilty parties spotted and will return and do what I can to get the right party 48 Dublin Ga I attended court at this place in the trial of A N Strong who is out under bond of 300000 The case was not reached but will be tried next week at which time I will return here 49 Columbus Ga I investigated a fire that occurred at this place October 27th in a house in the course of construction This is another case of overinsur ance but I could find nothing definite against any particular person 50 Sylvester Ga I received a wire from Solicitor Bell to be present at the meeting of the grand jury in the case of O L Deariso see report 13 I went before the grand jury and secured a true bill against Deariso for arson and several people secured true bills against him for larceny He is out under bond of 600000 51 Savannah Ga I investigated a fire that occurred out on the Waters road near Savannah but could get no direct evidence against any particular personXX ComptrollerGenerals Report 52 Atlanta Ga I investigated a fire that occurred at 143 N Boulevard in a small place run by Jemson Copeland colored I secured strong evidence against Copeland and had him arrested and bound over to the grand jury Th grand jury met and bound him over to the Superior Court without bond 53 Cairo Ga I received a wire from Solicitor Bell to be in Cairo to attend trial of Mrs J L Baldy and A W Carter but case was put off until next term of court 54 Jefferson Ga I visited Jefferson this week to attend trial of Bear Montgomery who I had charged with arson He was convicted last year but received a new trial This new trial resulted in a mistrial He is still in jail 54A Atlanta Ga I investigated a fire that occurred at No 241 Peters St in the store of Warren Bros furniture dealers A negro named Will Barge con fessed to burning this place and implicated S D and J E Warren I secured true bills against all three and they were placed in jail The Warren Bros later made bond in the sum of 500000 each Barge is still in jail 55 Eastman Ga I went to Eastman to investigate a fire that occurred there under suspicious circumstances but could find no evidence sufficient to warrant an arrest being made 56 Atlanta Ga I investigated a fire that occurred at 284 W Fair St this city The store was occupied by S Gerinsky I went before the grand jury and secured a true bill against Gerinsky charging arson He is out under bond of 200000 57 Americus Ga I attended court at Americus in tine trial of Will Sevier col charged with arson He was tried and convicted and sentenced to serve five years in the gang 57A Atlanta Ga I investigated a fire that occurred on Marietta St this city in a drug store run by Geo Hill This was a very suspicious fire and I went before the grand jury and secured a true bill against Geo Hill charging him with arson He is out under bond of 200000 58 Brunswick Ga I investigated a suspicious fire that occurred at this place but could get no direct evidence against any particular personComptrollerGeneral s Report xxi 59 Ball Ground Ga I investigated a fire that occurred at this place in the job printing shop of W Walton On investigation I could find no direct evidence against any particular person 60 Sparks Ga I investigated a fire that occurred in the dormitory of the Boys School at Sparks Ga I secured some strong evidence against five boys and have turned same over to the SolicitorGeneral to handle HINTS AND SUGGESTIONS 1 Insurance agents and brokers in writing policies can do efficient fire prevention work by paying more attention to the moral hazards and as to whether or not the property is overinsured and less to the amount of their commissions 2 Keep your place in such condition that if a person wanted to start a fire he would have to first hunt for the material with which to start it 3 Persons in charge of churches schools and other public buildings should see to it that all doors open outward and are frequently examined so in case of emergency they will Open freely Serious loss of life is often occasioned by exits becoming blocked and not working freely Each suspicious fire reported or that I have heard of in the State was investigated by me I have numbered eaeh inspection so as to conform to the same number on my reports There have been ten trials for arson and six have been convicted and are serving sentences I have secured twentyfive true bills from grand juries in various parts of the State Numerous other cases are now being investigated by SolicitorGenerals sheriffs chief of police and myself A large number of the incendiary fires I have investigated I find to be overinsured If local agents would exercise more care in writing in surance and see that the property is not overinsured I am satisfied that incendiary fires would be greatly reduced I have investigated 64 suspi cious fires during the year I could render much better service in a number of cases if I were more promptly notified I should be notified just as soon after a fire occurs as is possible QUICK ACTION WILL GET BEST RESULTS Yours very truly W R JOYNER State Fire InspectorTABLE No 1 Showing Business Done in the State of Georgia by Fire Insurance Companies for the Year Ending December 31st 1914 NAME OF COMPANY STATE Aachen and Munich Fire Aetna Fire Insurance Co Agricultural Fire Insurance Co Alliance Insurance Co American Central Fire American Druggists American Insurance Co Atlanta Home Atlas Assurance Co Ltd Boston Insurance Co British America Assurance Co Caledonia Insurance Co Camden Fire Insurance Co Citizens Insurance Co City of New York Fire Columbia Fire Insurance Co Commercial Union Assr Co Ltd Commonwealth Insurance Co Concordia Fire Connecticut Equitable Fire and Marine Equitable Insurance Co Continental Fire Insurance Co Fidelity Phenix Fire Fire Association of Philadelphia Firemans Fund Insurance Co Firemans Insurance Co N Y Conn N Y Pa Mo Ohio N J Ga N Y Mass Canada N Y N J Mo N Y Ga N Y N Y Wis Conn R I S C N Y N Y Pa Cal N J Risks Writ ten During Year 2236745 19286211 2601800 788509 2997630 179770 1893031 3334762 4227515 538117 1614950 895925 2543694 2497884 1770224 4586658 9066364 760133 2271954 1473413 Total Premiums 1002583 12539054 7841635 6194738 5041457 1931639 3141133 34844018 2652500 1155985 4540929 298375 3309283 5971736 6574698 338746 2334986 1392545 2574593 4294601 1203380 9237642 14062134 1370688 3754545 2985844 952337 2050247 18522943 12398940 10025756 8106415 2869206 Losses Paid 2611785 24472149 1827715 790697 3873074 5507 2188356 4125868 3421841 354311 1541390 979697 1307131 3716190 1741777 6032957 11184862 640882 1061526 2100051 445430 1674774 10851050 5683804 6315300 4669396 18589501 Losses Incurred 23686 245913 18932 9762 43750 55 19386 49661 37115 3502 16391 10869 14547 42557 21479 62126 112573 5300 21409 26293 356 17896 198247 89570 71755 60034 18309 17 52 77 51 58 07 67 68 91 09 85 42 37 45 77 16 76 20 77 96 97 58 33 30 06 21 25 O o g A M O P P H to 6 H I1 w H n o w HFirst National Fire D C 1629778 2287353 1903770 2316932 Fitchburg Mutual Mass 296846 491030 843605 843605 Franklin Fire Pa 586627 1176241 1216368 1480750 Georgia Home Ga 3139084 5875556 4515048 4461107 German Alliance N Y 1828154 2983587 3242011 3221311 German American N Y 8984940 14960240 14778017 16355117 Germania Fire N Y 4633141 7721920 4184978 4220475 Girard Fire and Marine Pa 1709351 3364529 2108045 2361645 Glens Falls Insurance Co N Y 3602628 4407822 2494243 2801391 Globe and Rutgers Fire N Y 2738143 5010523 1799322 2011969 Great Southern Fire Ky 195701 399694 1728677 2160613 HamburgBremen N Y 2394547 3973336 2052610 2415610 H3 Hanover Fire N Y 1878852 3496166 2430037 3434022 s Hartford Fire Fire Conn 24505467 41235460 28114272 26935890 f The Home Insurance Co N Y 17512248 29623144 14450928 15728604 t1 Insurance Co of N A Pa 5849349 8202070 6940376 7098554 H Insurance Co State of Pennsylvania Pa 1458596 2431954 1530945 1269959 Q Liverpool London and Globe Insurance Co Ltd Eng N Y 32008961 19664033 15745357 16610829 Liverpool London and Globe Insurance Co of New York N Y 812428 1325205 981478 1664580 3 London Assurance Corporation N Y N Y 1658480 4451607 2765813 5712829 1620516 2359631 2234253 2481749 a London and Lancaster Fire Lumber Mutual Fire Mass N Y Ohio 394533 124973 256283 1224359 324845 853921 315273 287130 58984 501068 533427 247484 W Lumber Underwriters Lumbermens Mutual Mass Fire and Marine Mass R I 844537 559851 1403010 643952 1497657 199415 1682145 107039 Mercantile Mutual Fire Milwaukee Mechanics Wis 2199347 3876091 2707780 3497349 O W Nationale Fire of Paris France R I 852627 1250373 881501 1166845 National Fire Conn 16363137 13384738 9555828 10800776 National Union Pa 3966735 4317955 4817886 4305941 National BenFranklin Pa 896342 1394038 53932 370608 Newark Fire N J 1744332 1321360 377251 453851 New Brunswick Fire N J 1418229 3042241 1810458 2011941 New Hampshire Fire N H 4654679 3519735 3379907 3332103 M Niagara Fire N Y 2180806 3671653 1249197 1189773 X NordDeutsche Fire N Y 1559980 2772792 1237413 1409788 Showing Business Done in the State of TABLE No 1Continued Georgia by Fire InsurancCmnpamesjcheY v NAME OF COMPANY North British and Mercantile Ny Ltd Northern Assurance Co Northern Insurance Co North River Northwestern National inre Norwich Union New York Orient Pacific Fire Palatine Insurance Co Ltd Pennsylvania Fire Pennsylvania Lumbermans Mutual I ire Pennsylvania Millers Mutual Fire Peoples National Fire Phoenix Fire of Paris France Phoenix Assurance Corporation Ltd Phoenix Fire Insurance Co ProvidenceWashington Fire Queena Saint Paul Fire and Marine Savannah Fire Rhode Island Fire Royal Exchange Assurance Royal Fire Insurance Co Scottish Union and National Security Fire Southern Mutual Fire Southern Underwriters STATE N Y NY N Y Wis NY Conn NY NY Pa Pa Pa Del RI NY Conn RI NY Minn Ga RI NY NY Conn Conn Ga N C Risks Writ ten During Year Total Premiums 5846611 3545548 932665 1496053 998077 2510119 1512618 1872045 2332104 4524509 294003 67933 1060888 679550 4360869 5777643 2216898 7705312 2356934 673175 2603024 2416808 9205885 6026051 3408098 42362329 75175 4751247 5494460 1486234 2515086 1368947 2749204 2660993 3492764 3847012 8268245 572631 240658 1314035 959140 5446714 7633486 3116743 14562658 3889275 1021161 4234174 3256991 12711017 6565627 3961023 38758838 144860 Losses Paid 4538807 4070779 260504 1274398 86413 1225057 2783275 1387916 2969018 5234257 281450 13699 849730 703216 2979158 5289597 1686901 10512312 1771413 338988 1923625 1460968 7081112 4543077 2336284 12259870 Losses Incurred 51499 46479 5790 13772 939 17906 25834 16726 31267 58672 2823 1043 10922 9344 30216 52989 19744 123755 24578 1605 29335 17767 81688 48673 24538 127816 90 17 58 36 13 68 27 16 68 05 06 23 40 23 57 49 71 12 04 72 19 24 49 21 17 42 o o g A w o P H M Q M o W Springfield Fire and Marine Mass Conn 5611252 845787 10029649 775115 6644945 994496 7885399 668949 Svea Fire and Life Insurance Co Union Fire of Paris France N Y R I Pa N Y N Y Canada N Y N Y 1337585 1953272 556216 574475 2737397 2422328 2219116 1378129 1965279 2991452 961068 1031024 3507131 3653409 2403369 2169789 1632521 1373942 880050 538552 2964751 1331578 2835112 1497621 1770246 1873014 851713 688887 2797075 1673074 2733512 Yorkshire Insurance Co Ltd 2325772 408156752 549019639 346095702 388708309 Q o K H W O P M W Q H W O H TABLE No 2 Showing Business Done in the State of Georgia by Marine and Inland Insurance Companies for the Year Ending December 31st 1914 H 1 O o K H a o t1 t1 BJ M Q w H M F t1 w o H NAME OF COMPANY Aetna Insurance Co Boston Columbia Insurance Co Commercial Union Assurance Co Ltd Continental Firemans Fund Home Insurance Co Hartford Insurance Co of North America London Assurance Corporation Massachusetts Fire and Marine Phoenix Assurance Co Ltd Providence Washington Royal Exchange Royal Fire Insurance Co St Paul and Marine Standard Marine Insurance Co Ltd Thames and Mersey Marine Insurance Co Ltd Union Marine Insurance Co Ltd United States Lloyds Western Assurance Co Total STATE Conn Mass N J N Y N Y Cal N Y Conn Pa N Y Mass N Y R I N Y N Y Minn N Y N Y N Y N Y Canada Risks Writ ten During Year 1845935 311534 563714 30345120 4750 416255 1908675 369457 13170220 1 307282 100 248954 473504 71177 732100 942800 189097 836906 484892 493834 266551 Total Premiums 1965331 581061 963011 7039175 1500 949794 397793 736867 2788532 451485 250 721035 3056419 90248 686088 2692538 2219835 475361 740010 672598 177418 65140513 27219831 Losses Paid 493680 223400 868192 1037103 1106665 107387 356067 1491485 67612 391837 1278138 6400 419345 1023428 408645 100105 425353 82308 45729 1 10032879 Losses Incurred 503780 263400 868192 1037103 1117316 107387 297556 1101485 67612 153291 1362024 17969 467845 1437108 919835 26559 549753 96033 95729 10489977TABLE No 3 Showing Business Done by Life Insurance Companies During Year Ending December 31st 1914 NAME OF COMPANY Aetna Life American Central American National Atlantic Bankers Reserve Cherokee Columbia Columbian National Connecticut Mutual Cosmopolitan Equitable Life Assurance Society of U S Federal Fidelity Mutual Franklin George Washington Germania Home Life Illinois Indiana National International Independent Jefferson Standard Life Insurance Co of Virginia Manhattan Maryland Massachusetts Mutual Meridian STATE Conn Ind Texas Va Neb Ga Ohio Mass Conn Ga N Y 111 Pa 111 W Va N Y N Y 111 Ind Mo Tenn N C Va N Y Md Mass ilnd New Busi ness Writ ten During Year Total Insur ance in Force 1963346 11000 2090842 290000 74211 747500 530890 860293 528375 824475 663564 52522 691039 804000 2010876 166500 166097 1162886 205000 388689 30000 895835 3368127 563928 318297 1150157 1261712 9340862 26725 6186887 652110 202692 671000 754830 3008796 2974289 1258931 13543315 205137 4438115 3241051 2312391 1428193 1939918 3509887 303500 1336907 30000 3898371 6848416 3113860 2665083 11071452 3403720 Premiums 26713928 79766 23409107 1924651 624303 2086110 1465657 8048945 9387771 3521152 42540788 274315 15783750 9670374 2282600 4564296 6732208 7327828 607001 2911915 75725 13205305 27726057 9117215 7838929 38211963 6231643 Losses Incurred 16677300 9725561 300000 100000 250000 1700000 2272500 500000 23336198 129850 4337740 1778952 350000 2041963 2087821 2439078 100000 1700000 3884584 8231946 3264442 1200500 8990200 1778404 Losses Paid 162982 00 100655 3000 1000 2500 61 00 00 00 12000 40515 00 00 221953 1298 46377 23034 3500 23419 19378 24288 3000 17000 98 50 40 02 00 63 21 78 00 00 3980184 8295457 3464442 1800500 7986000 1828404 9 O o K t H W O g F td i H td CO td H t O aMetropolitan Ord Michigan Mutual Missouri State Mutual Benefit Mutual Life National Life U S A National Life National Life and Accident New England Mutual New York Life North Carolina Mutual and Provident Northwestern Mutual PanAmerican Pacific Mutual Prudential Pennsylvania Mutual Life Phoenix Mutual Pittsburg Life and Trust Reserve Loan Life Reliance Life Standard Ord and Ind Security Mutual Southern States Southern Life and Trust State Life State Mutual Life Assurance Co Travelers Insurance Co Union Central Life United Life and Accident Volunteer State Life N Y Mich Mo N J N Y 111 Vt Tenn Mass N Y N C Wis La Cal N J Pa Conn Pa Ind Pa Ga N Y Ala N C Ind Mass Conn Ohio N H Tenn Total 2823084 457069 225371 2399091 3353122 469764 1871530 431488 1188164 3557903 1288884 1905000 254100 263952 1436666 4486867 391924 469891 481177 251000 471000 229122 1969500 155584 758667 269406 417588 2906719 633033 396191 12469921 1923542 1173010 19157005 30033837 2222845 8483035 365243 6617395 28583884 793605 23398464 472300 1999399 15082449 33296343 2775747 1352393 1245295 2078824 518750 2125326 9679640 148584 6788104 2009181 5230285 18662815 791369 2238139 37647089 5129924 3575586 60318897 99661000 11613574 24225418 5481476 20408811 90737567 39496742 72183323 1002433 6960849 43109207 04033185 10791349 3159132 3642904 6875593 2846255 6790214 28889962 413954 15026637 6843408 13987648 47187207 2192193 6435345 17756555 3188916 930933 21704000 30303500 812943 4417400 1924254 6149100 46106278 20214904 29667300 2216210 15597825 32462932 4745522 1461894 600000 1225697 532750 4236500 7954200 6750000 4137974 7277147 19461678 100000 1798800 58330018 330083717 1062969335 390812251 393637092 17587868 3188916 932333 21304000 31792400 917111 4516200 1932354 4773900 46211664 20219054 30684700 2216210 16047825 32951332 5356922 1361894 600000 1226397 532750 3963747 7854200 6850000 4237974 7171563 19361678 100000 1798800 a K H a o b a w Q H H a O H XTABLE No 4 Showing Business Done in the State of Georgia by Miscellaneous Companies During the Year Ending Dec 31st 1914 NAME OF COMPANY Aetna Accident and Liability Aetna Life Accident Dept American Casualty American Credit Indemnity American Life and Accident American National American Surety Casualty Co of America Columbian National Continental Casualty Employers Liability Equitable Surety Federal Casualty fidelity and Casualty Fidelity and Deposit Frankfort General General Accident Georgia Casualty rlobe Indemnity General Indemnity Corporation Hartford Steam Boiler Interstate Casualty Interstate Life and Accident Lloyds Plate Glass London and Lancaster London Guar and Accident STATE Health and Accident Liability Fidelity Surety Prems Losses Prems Losses Prems Losses Prems Losses Conn Conn 33 51811 5032 30635 1479 613 30295 1649 96 9077 423 1444 3538 3270 24 Q o Pa irl N Y H Mo 19005 18984 7675 10714 fed o Tex t1 N Y 21404 26 3591 19499 5 2115 t1 N Y Mass 63 13605 87670 2991 19 8910 45003 1660 706 1424 Ind Mass 19888 9116 3 Mo 2703 197 2274 12 w u Mich 2799 75125 6306 580 30387 26420 97 1003 38478 2514 9 16837 31698 N Y 16686 13797 883 9836 30633 1444 18403 4048 633 11733 13782 914 hH Md N Y 26366 16382 30046 14641 fed N Y Ga N Y N Y 23 162 879 1 633 o w H Conn Ala Tenn 2179 37060 1108 25046 19 2333 845 266 547 NY N Y 2046 4067 1073 1318 3832 315 277 111 Loyal Protective Maryland Casualty Mass Md Mass Mass Mass N Y N Y Mich N Y Mass N Y 111 N Y Cal N Y Tenn Pa Mass N Y Mich Conn Conn N Y Md 2733 34552 2122 14706 64731 42810 5642 468 5034 1392 11649 8126 6832 532 6073 8581 3270 3189 Massachusetts Bonding and Insurance Metropolitan Casualty Metropolitan Life A D National Casualty National Surety New England Casualty 4481 6541 3730 13606 417 4500 24333 926 11454 14338 821 15703 8616 2311 9466 2422 23283 7031 39372 5684 10698 2180 9335 11807 30054 414 73010 15867 16327 10377 1597 13748 2031 5646 1005 8180 8120 19720 47449 5135 6994 Ocean Accident and Guar 28104 10592 556 177 Ridgely Protective Royal Indemnity Standard Accident Travelers Indemnity Travelers Insurance Co United States Casualty United States F and G 18125 7257 589 97372 41744 36384 12083 4190 6762 2410 352 42977 34099 31525 29318 7377 48823 8314 Total 710309 393147 438477 259713 122954 45488 139214 43786 o o H W o H W 6 a H O w VTABLE No 4Continued NAME OF COMPANY STATE Plate Glass Steam Boiler and Fly Wheel Burg and Theft and Credit Auto and Teams Prems Losses Prems Losses Prems Losses Prems Losses Aetna Accident and Liability Conn Conn Pa N Y Mo Texas N Y N Y Mass Ind Mass Mo Mich N Y Md N Y N Y Ga N Y N Y Conn Ala Tenn N Y N Y N Y Md 874 560 1337 314 23020 19028 Aetna Life Accident Dept 1925 1266 144 10731 29 2463 560 123 American Credit Indemnity American Surety Casualty Co of America 17 80 1 Continental Casualty Employers Liability Equitable Surety Federal Casualty Fidelity and Casualty Fidelity and Deposit Frankfort General 543 181 486 17 1553 840 4035 1195 1100 224 6643 345 5815 2247 78 339 1346 4627 1742 318 709 1115 2321 159 1024 5806 1005 1310 1758 Georgia Casualty 2005 29 899 2754 General Indemnity 50 18350 10 1507 1341 30 Interstate Casualty 6 10 373 Lloyds Plate Glass 1433 73 584 196 1846 8041 101 24 8608 175 84 1014 6110 268 865 887 Maryland Casualty 6943 3135 2439 o o H W o 6 ed W 6 M ft a r1 o H3 Masonic Protective Assurance Massachusetts Bonding and Insurance Metropolitan Casualty Metropolitan Life A D New England Casualty New York Plate Glass North American Accident Ocean Accident and Guar Pacific Mutual Life Mass Mass N Y N Y Mich N Y Mass N Y 111 N Y Cal N Y Tenn Penn Mass N Y Mich Conn Conn N Y Md 843 1797 359 716 543 144 64 18 1873 614 1084 418 1357 3541 1009 2074 801 175 1805 308 275 11250 5725 2686 653 100 88 177 216 140 15 Provident Life and Accident 3031 2382 1255 485 2397 1060 7023 1293 10407 2005 303 1196 7058 59 2921 12 1089 1073 485 4830 23 736 1492 5296 723 United States F G 1036 34515 15996 19026 10891 70209 22265 76294 42605 o o g H w o p M W 21 B td td O W H H XTABLE No 4Continued NAME OF COMPANY STATE Workmans Collective All Others TOTALS Prems Losses Prems Losses Prems Losses Aetna Accident and Liability Conn 174 260 29537 82105 9311 10731 19005 18985 40903 738 13605 87670 25462 4977 2799 109428 82279 1700 41587 67091 1596 50 19691 2710 37060 1433 6425 19453 19028 Aetna Life Accident Dept Conn 39712 American Casualty Pa 3320 American Credit Indemnity N Y 2463 Mo 7675 Tex 10714 N Y 5706 Casualty Co of America N Y 1444 Mass 8910 Continental Casualty Ind 45003 Mass 11814 Equitable Surety Federal Casualty Mo 209 Mich 1003 N Y Md 8 63958 40861 N Y 959 N Y 30329 Ga N Y 3 50728 914 N Y Conn 1507 Interstate Casualty Ala 5216 25046 N Y 584 N Y 1489 Ill 18 14702 Loyal Protective Mass 2733 2122 o o 8 H a o e e BJ W Q ts H a o wMaryland Casualty Md Mass 1200 36 1341 142204 11649 64999 8581 Massachusetts Bonding and Insurance Metropolitan Casualty Metropolitan Life National Casualty National Surety New England Casualty New York Plate Glass Mass 31393 8630 532 6073 40544 22601 3541 23283 61860 39372 6658 10698 2180 9335 50802 38604 12607 171370 62234 144347 10748 N Y 3905 N Y Mich 4500 N Y 28242 Mass 6336 N Y 2074 111 10377 Ocean Accident and Guaranty N Y Cal 10649 3737 22603 13748 N Y 2527 Tenn 5646 Mass 1005 Mass 8180 N Y Mich 50 11 28557 24213 Conn 7058 Conn N Y Md 988 1356 349 214 167 445 90640 129 98 255 61 30414 57578 14585 4610 1742 576 1639347 827347 o o H a o f H td Q H M td o w HI 9 TABLE No 5 Showing Business Done in the State of Georgia by Assessment Insurance Companies During the Year Ending Dec 31st 1914 NAME OF COMPANY Location Risks Written During Year Total Premiums Losses Paid ASSESSMENT FIRE COMPANIES Farmers Cooperative Fire Jackson Ga 1626413 1260130 475430 14 204 00 Farmers Mutual Fire 9 738 00 Farmers Mutual Insurance Assn Oakman Ga 522007 172500 German Mutual Fire Savannah Ga 188800 Gordon County Mutual Fire and Storm Insurance Co Calhoun Ga 411318 112986 388146 South Georgia Farmers Fire Thomasville Ga 60150 Sunlight Insurance Co Atlanta Ga 2719003 559528 Total 6794206 96112 163651 4096531 ASSESSMENT LIFE COMPANIES ORDINARY Merchants Life Assn Burlington Iowa DesMoines Iowa Total Savannah Ga 129000 403500 2 000 00 National Life Assn 250000 INDUSTRIAL American Insurance Co 532500 259763 3571375 22597543 19419006 10986879 15337056 9830732 89771680 13683025 548005 29971927 450000 1447022 Atlanta Mutual Insurance Assn Atlanta Ga 9499404 Bankers Health and Life Macon Ga 8378177 Continental Aid Assn Atlanta Ga 4698623 Georgia Mutual Industrial Life and Health Augusta Ga 5666452 Guar Mutual Life and Health Savannah Ga 3420736 Industrial Life and Health Atlanta Ga 38707880 Mutual Benefit Industrial Savannah Ga 5295630 Peoples Health and Life Macon Ga 103395 Pilgrim Health and Life Augusta Ga 13159401 Total 215717228 90376720 M H O o g H H O e to Q H W t1 si o HFIRE INSURANCE COMPANIES AACHEN MUNICH FIRE INSURANCE COMPANY NEW YORK CITY United States Manager J A Kelsey Jerome Brown Attorney for Service IDeposit Capital lIn the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York State 245000 00 ohio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 2750510 69 IIIncome 6 Gross premiums per item 2 VI 1823162 36 7 Deduct reinsurance premiums fire 301 83804 return premiums 34104554 642883 58 8 Total premiums other than perpetual 1180278 78 12 Gross interest on bonds and dividends on stocks 92407 50 13 Gross interest on deposits in trust companies and banks per Schedule N 2318 87 14 Gross interest from other sources 2328 89 16 Interest received Reins Bureau 92 28 18 Total gross interest and rents 9714 o4 19 Received from home office 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1290 61 1318062 06 30 Total income v IIIDisbursements 1 Gross amount paid policyholders for losses 946135 97 2 Deduct amount received for salvage fire 1205505 reinsurance fire 21253394 discount fire 36400 224952 3 Net amount paid policyholders for losses 721182 982 ComptrollerGenerals Eeport 4 Expenses of adjustment and settlement of losses 24030 00 5 Commissions or brokerage 257 203 08 6 Allowances to agencies for miscellaneous agency expenses 8 00 7 Salaries 2384251 expenses 1874115 of special and general agents 42583 66 8 Salaries fees and all other charges of officers directors trustees and home office employees 86 051 42 9 Eents 6897 52 10 Advertising 350525 printing and stationery 860407 12109 32 11 Postage telegrams telephone and express 10243 84 13 Furniture and fixtures 710 63 14 Maps including corrections 4 519 42 15 Underwriters boards and tariff associations 21 492 51 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 16966 89 17 Inspection and surveys 2 599 21 20 State taxes on premiums 21 797 70 21 Insurance department licenses and fees 7689 17 22 All other licenses fees and taxes Federal corporation tax 58429 municipal licenses and taxes 446854 county taxes and fees 157323 emergency revenue 37882 7004 88 23 Other disbursements Commercial ratings 163490 miscel laneous items 118781 2822 71 27 Home office 25697 65 36 Agents balances charged off 285 72 39 Total disbursements 1271896 3 IVLedger Assets 4 Book value of bonds 2430568 41 5 Cash in companys office 54 34 6 Deposit in trust companies and banks not on interest per Schedule N 370 98 7 Deposits in trust companies and banks on interest per Schedule N 168 239 91 8 Agents balances representing business written subsequent to October 1 1914 191052 06 9 Agents balances representing business written prior to Oct 1 1914 2206 71 11 Bills receivable taken for fire risks 684 03 16 Total ledger assets as per balance Item 40 2796676 44 XonLedger Assets 18 Interest accrued on bonds per Schedule D Part 1 30154 64ComptrollerGenerals Report 28 Reinsurance recoverable on paid losses viz Rossia Insur ance Co 6229 59 30 Gross assets 2833056 67 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 2206 71 35 Bills receivable past due taken for marine inland and fire risks 684 03 37 Overdue and accrued interest on bonds in default 1210 00 38 Market value of special deposits in excess of corresponding liabilities per special de posit schedule 6143 38 39 Book value of ledger assets over market value 158149 41 42 Total admitted assets 2664663 14 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of adjust ment or in suspense plus 1600000 re serve for losses incurred prior to Dec 31 of which no notice had been received on that date 3 Gross claims for losses resisted 6461 04 170308 13 19655 76 4 Total 196424 93 5 Deduct reinsurance due or accrued as per Schedule E 65266 78 6 Net amount of unpaid losses and claims 131158 15 7 Gross premiums less reinsurance received and receivable uponall unexpired fire risks 248138696 unearned premiums per recapitulation page 6 column 6 1291056 30 15 Salaries rents expenses bills accounts fees etc due or accrued 2436 36 16 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 17500 00 17 Contingent commissions or other charges due or accrued 4322 68 23 Total amount of all liabilities except deposit capital 1446473 49 24 25 26 ComptrollerGenerals Report Deposit capital 200000 00 Surplus over all liabilities 1018189 65 Surplus as regards policyholders 1218180 65 Total liabilities 2664663 14 VIRisks ami Premiums Fire Risks Premiums Thereou In force on the 31st day of Dec as per line 6 under this heading in last years statement 292603091 00 2838691 90 Written or renewed during the year 192006614 00 ls23162 36 Total 484609705 00 4661854 26 Deduct those expired and marked off as terminated 173726554 00 1712778 61 In force at the end of the year310883151 00 2949075 65 Deduct amount reinsured schedule re quired 48036774 00 467688 69 Net amount in force 262846377 00 2481386 96 JETNA INSURANCE COMPANY OF HARTFORD CONNECTICUT William B Clark President E J Sloan Secretary Clarence L Ruse Attorney for Service ICapital Stock 1 Amount of capital stock paid up in cash 5000006 00 2 Amount of ledger assets as per balance Dec 31 of previous year 22432781 15 4 Extended at 22432781 15 IIIncome Fire Marine and Inland 5 Gross premiums per item 2 VI page 6 12360997 98 3411740 42ComptrollerGenerals Report 6 Deduct reinsurance prem iums fire 178236275 marine and inland 1 23526163 return prem iums fire 160796582 marine and inland 336 18308 3390328 57 1571444 71 8 10 11 12 13 15 16 Total net premiums other than perpetual 8970669 41 Deposit premiums written on perpetual risks gross Gross interest on collateral loans per Schedule C Gross interest on bonds and dividends on stocks less 807902 accrued interest on bonds acquired during 1914 per Schedule D Gross interest on deposits in trust com panies and banks per Schedule N Gross interest from all other sources Interest on farm notes Interest received from Phila Fire TJnd Assn 945 agents balances 14481 Gross rents from companys property in cluding 2500000 for companys oc cupancy of its own buildings 1840295 71 10810965 12 5481 50 708 34 5875i2 24 28023 34 200 91 154 26 25404 00 17 18 24 25 26 Total gross interest and rents From all other sources Conscience fund Increase in liabilities during the year on account of re insurance treaties From agents balances previously charged off Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 913243 09 490 00 42415 58 141 65 234 37 28 Total income 11772971 31 IIIDisbursements Fire Marine and Inland 1 Gross amount paid policy holders for losses in cluding 90310568 oc curring in previous years 6106574 99 1676667 89 2 Deduct amount received for salvage fire 5551301 marine and inland 70ComptrollerGenerals Report 98740 reinsurance fire 97857573 marine and inland 78533342 dis count fire 51847 1034607 21 856320 82 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Net amount paid policy holders for losses 5071967 7S 820347 07 5892314 85 Expenses of adjustment and settlement of losses 66988 23 Commissions or brokerage 2053053 67 Salaries 21792761 and expenses 16951116 of speeial and general agents 387438 77 Salaries fees and all other charges of officers directors trustees and home office employees 454253 40 Rents including 2500000 for companys occupancy of its own buildngs 58373 70 Advertising 1841679 printing and stationery 100 57260 118989 39 Postage telegrams telephone and express 63073 73 Legal expenses 17824 18 Furniture and fixtures 16143 16 Maps including corrections 15763 24 Underwriters boards and tariff associations 122809 35 Fire department fire patrol and salvage corps assessments fees taxes and expenses including 2 per cent tax 26 65245 fire marshal tax 852184 49770 34 Inspections and surveys 52606 75 Repairs and expenses other than taxes on real estate 668 52 Taxes on real estate 11521 00 State taxes on premiums 194873 96 Insurance department licenses and fees 31435 84 All other licenses fees and taxes Federal corporation tax 10414 39 Taxes assessed in various towns on prem ium receipts 5624 64 City and town licenses 16936 40 Tax on franchise 553 43 State corporation tax on capital stock 145739 50 War revenue tax 2357 02 Less taxes recovered from New York City 181625 38 4581 84 177043 54 23 Other disbursements Auditing 100000 coal 164273 electric light and gas 387005 ice 39753 janitors and engineers supplies 182579 laundry 68258 lunch system 1663862 newspaper subscriptions et 114092 water 27059 vault protection 74078 pensions 220000 livery 4500 premium on fire andComptrollerGenerals Eeport 7 liability policies 392531 mercantile agencies 1 90440 36284 30 30 Paid Munich Keinsuranee Company for interest on balance see Q 20 page 5 19112 09 33 Deposit premiums returned 2392 91 34 Paid stockholders for interest or dividends amount de clared during the year 90000000 900000 00 38 Agents balances charged off 23587 9 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 46504 34 41 Total disbursements 10812827 18 IVLedger Assets 1 Book value of real estate 627207 93 4 Book value of bonds 1465468752 and stocks 410608860 per Schedule D 18760776 12 5 Cash in companys office 4982 60 6 Deposits in trust companies and banks not on interest per Schedule N 71194 32 7 Deposits in trust companies and banks on interest per Schedule N 1899641 44 8 Agents balances representing business written subsequent to Oct 1 1914 1968522 84 9 Agents balances representing business written prior to Oct 1 1914 56074 65 10 Bills receivable taken for marine and in land risks 3239 71 11 Bills receivable taken for fire risks 1285 67 16 Total ledger assets as per balance Item 42 23392925 28 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 H2502 81 21 Interest on spec deposit N Y Life Ins Trust Co N Y 364 89 24 Total 112867 70 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 178774 25 30 Gross assets 23684567 238 ComptrollerGenerals Report Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1914 56074 65 35 Bills receivable past due taken for ma rine inland and fire risks 861 83 37 Overdue and accrued interest on bonds in default 9895 83 39 Book value of ledger assets over market value viz Real estate 217207 93 284040 24 42 Total admitted assets 23400526 99 VLiabilities 1 Gross losses adjusted and unpaid not yet due 30953028 2 Gross claims for losses in process of ad justment or in suspense plus 8186631 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 1264316 12 3 Gross claims foT losses resisted 97626 99 4 Total 1671473 39 5 Deduct reinsurance due or accrued as per Schedule E 643818 69 6 Net amount of unpaid losses and claims 1027654 70 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1754882915 unearned prem iums per recapitulation page 6 column 6 9240096 82 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 83221147 unearned premiums fifty per cent 416105 74 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 5639476 unearned premiums 100 per cent 56394 76 10 Total unearned premiums as computed above 9712597 32 11 Amount reclaimable by the insured on perpetual fire in surance policies being 90 per cent of the premium or deposit received 107716 62ComptrollerGenerals Report 9 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 yean of this statement 20 Funds held under reinsurance treaties 22 All other liabilities viz Int accrued not due on funds held under reinsurance treaties 1000 00 350000 00 522990 99 10118 97 25 Total amount of all liabilities except capital 11732078 60 26 Capital actually paid up in cash 5000000 00 27 Surplus over all liabilities 6668448 39 28 Surplus as regards policyholders 29 Total liabilities VIRisks and Premiums 11668448 39 1 In force on the 31st day of Dec as per line 6 under this heading in last years statement 1600329704 17909307 91 2 Written or renewed during the year per income No 5 1064935932 12360997 98 4 Total 2665265636 5 Deduct those expired and marked off as terminated 903894970 30270305 89 10574875 41 6 In force at the end of the year 1761370666 19695430 48 7 Deduct amount reinsured Schedule F page 21 204284154 214660133 8 Net amount in force 1557086512 9 Perpetual risks not included above 520341900 deposit premiums on same Business in the State of Georgia During 1914 17548829 15 119685 13 Gross risks written 5 Less 3188593 risks canceled and 22399500 reinsurance in companies authorized in Georgia Net risks written i Gross premiums received Less 3816298 return premiums and 440735 premiums for reinsurance in companies authorized in Georgia 19286211 00 390284 43 41844 2510 ComptrollerGenerals Report Net premiums received 348440 18 Losses paid deducting salvage 245774 48 Less losses on risks reinsured in companies authorized in Georgia I052 Net losses paid 244721 49 Losses incurred 246966 51 Less losses on risks reinsured in companies authorized in Georgia 052 Net losses incurred 245913 o AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN N Y W H Stevens President J Q Adams Secretary Thomas I Lynch Attorney for Service TCapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 4448317 62 4 Extended at 4448317 62 IIIncome 5 Gross premiums per item 2 VI page 6 2746667 67 6 Deduct reinsurance premiums fire 583 72564 return premiums fire 458 16148 1041887 12 7 Total premiums other than perpetual 1704780 55 S Gross interest on mortgage loans per Schedule B 10 Gross interest on collateral loans per schedule C 11 Gross interest on bonds and dividends on stocks less 550489 accrued interest on bonds acquired during 1914 per Schedule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 35683 29 8993 50 145954 21 6891 74ComptrollerGenerals Report 11 13 Gross interest from all other sources Con tract sales of real estate 22 22 16 Gross Tents from companys property in cluding 250000 for companys occu pancy of its own buildings 2520 00 17 Total gross interest and rents 200064 96 24 Increase in liabilities during the year on account of re insurance treaties 529 79 25 From agents balances previously charged off 32 75 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule I 3478 26 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 4424 50 28 Total income 1913310 81 IIIDisbursements 1 Gross amount paid policyholders for losses including 13956980 occurring in pre vious years 1427089 24 2 Deduct amount received for salvage fire 1236313 reinsurance fire 417 85774 discount fire 56174 430782 61 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 IS Net amount paid policyholders for losses 996306 63 Expenses of adjustment and settlement of losses 31821 70 Commissions or brokerage 347827 20 Allowances to local agencies for miscellaneous agency expenses 5353 23 Salaries 4519483 and expenses 6768289 of special and general agents 112827 72 Salaries fees and all other charges of officers directors trustees and home office employees 63319 87 Rents including 250000 for companys occupancy of its own buildings 3695 00 Advertising 1183957 printing and stationery 12 56511 24404 68 Postage telegrams telephone and express 11556 89 Legal expenses 270 21 Furniture and fixtures 1202 93 Maps including corrections 50S9 60 Underwriters Boards and Tariff Associations 34657 12 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 13357 83 Inspections and surveys 10390 79 Repairs and expenses other than taxes on real estate 594 6412 ComptrollerGenerals Eeport 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 Municipal and county Local tax on personal property Publishing statement State bonds war revenue 23 Other disbursements Audits insurance publications association memberships 25 Fuel and light 26 Office supplies 3785 36 5853 94 1908 25 1551 33 1991 43 773 06 979 85 34 Paid stockholders for interest or dividends amount de clared during the year 10000000 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 155596 stocks per Schedule D 380244 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 680 65 36701 29 9405 14 13098 3744 34 100000 00 1332 62 5358 40 2570 11 41 Total disbursements 1835577 4 IVLedger Assets 1 Book value of real estate 35993 51 2 Mortgage loans on real estate per Schedule B first liens 704547 00 3 Loans secured by pledge of bonds stocks or other collat eral per Schedule 0 96425 00 4 Book value of bonds 189298596 and stocks 1070 64216 per Schedule T 2963628 12 5 Cash in companys office 2073 96 7 Deposits in trust companies and banks on interest per Schedule N 406989 19 8 Agents balances representing business written subse quent to Oct 1 1914 307217 77 9 Agents balances representing business written prior to Oct 1 1914 9176 41 16 Total ledger assets as per balance Item 42 4526050 96ComptrollerGenerals Report 13 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 11107 04 18 Interest accrued on bonds per Schedule D part 1 27881 59 19 Interest accrued on collateral loans per Schedule C part 1 1924 50 26 Interest on bank balances 1280 39 24 Total 42193 52 30 Gross assets 4568244 48 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 9176 41 38 Book value of ledger assets over market value viz Eeal estate 5514 74 39 Bonds 12263896 stocks 4874616 171385 12 40 Deductions per N Y Dept Appraisal Mtg No 508875 Loan No 1543000 3875 00 189951 27 41 Total admitted assets 4378293 21 VLiabilities 1 Gross losses adjusted and unpaid due 2492211 not yet due 2017098 2 Gross claims for losses in process of adjust ment or in suspense plus 2595640 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 3 Gross claims far losses resisted 45093 09 165459 97 20668 50 4 Total 5 Deduct reinsurance due or accrued 231221 56 70218 97 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 3700825 unearned premiums per recapitulation page 6 column 64 161002 59 1905253 74 10 Total unearned premiums as computed above 1905253 7414 17 IB 23 26 27 28 ComptrollerGenerals Eeport 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 All other liabilities viz Conflagration reserve 6000 00 38000 00 200000 00 Total amount of all liabilities except capital 2310256 33 Capital actually paid up in cash 500000 00 Surplus over all liabilities 1568036 88 29 Surplus as regards policyholders 2068036 88 30 Total liabilities 4378293 21 VIRisks and Premiums Fire Risks Gross Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 469171600 4487186 00 2 Written or renewed during the year per Income No 5 286202500 2746667 67 Total Deduct those expired and marked off as terminated 755374100 7233853 67 266526300 2620916 67 In force at the end of the year 488847800 4612937 00 Deduct amount reinsured schedule re quired 89603600 912112 00 Net amount in force 399244200 3700825 00 Business in the State of Georgia During 1914 17 Gross risks written 3059900 0O Less 41690000 risks cancelled and 4120010 reinsur ance in companies authorized in Georgia 458100 00 Net risks written 2601800 0O 28 Gross premiums on risks written 33091 24 Less 583836 return premiums and 72788 premiums for reinsurance in companies authorized in Georgia 6566 24 Net premiums received 26525 00ComptrollerGeneral s Report 15 29 Losses paid deducting salvage 20101 12 Less losses on risks reinsured in companies authorized in Georgia 1823 9 Net losses paid 18277 15 30 Losses incurred 20757 34 Less losses on risks reinsured in companies authorized in Georgia M24 57 Net losses incurred 18932 t i ALLIANCE INSURANCE COMPANY OF PHILADELPHIA PA Eugene L Ellison President T Howard Wright Secretary Dan B Harris Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 2397071 96 4 Extended at 2397071 96 IIIncome 5 Gross premiums per Item 2 VI page 6 1464755 35 6 Deduct reinsurance premiums fire 185 92692 marine and inland 5569202 return premiums fire 18363230 ma rine and inland 6384248 7 Total premiums other than perpetual 8 Deposit premiums written on perpetual risks gross 11 Gross inteTest on bonds and dividends on stocks less 203378 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust compan ies and banks per Schedule N 13 Gross interest from all other sources Branch office bank balances Deferred settlements 92426 22 2189 63 29 72 1 88 975661 63 892 50 17 Total gross interest and rents 94647 4516 CompteollehGenebals Repoet 3 8 From other sources Perpetual department fees 129 90 26 Gross profit on sale or maturitybf ledger assets viz Stocks per Schedule D 2555 60 28 Total income 1073887 08 IIIDisbursements Gross amount paid polieyholders for losses Deduct amount received for salvage fire 611675 marine and inland 1455670 reinsurance fire 14299928 marine and inland 2485624 749135 71 Net amount paid polieyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency ex penses Salaries 981305 and expenses 540020 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Eents Advertising 115979 printing and stationery 566369 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters Boards and Tariff Associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 286979 Federal stamp tax 4875 Pennsylvania tax on capital stoek 370529 municipal licenses 2 61749 Other disbursements Registration of stock 5000 sub scriptions 200 Deposit premiums returned Paid stockholders for interest or dividends Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 41 Total disbursements 10 11 12 13 14 15 16 17 20 21 22 23 33 34 39 560606 74 7S28 99 194148 29 18397 87 15213 25 23899 06 3791 85 6823 4S 3185 12 2631 23 135 15 1237 53 1024U 111 4004 57 1228 43 15544 81 IMO 50 9241 32 52 00 799 00 60000 00 6 25 94V 58 ComptrollerGenerals Keport IVLedger Assets 17 4 Book value of bonds 206114015 and stocks 19299275 per Schedule D 2254132 90 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 10 Bills receivable taken for marine and in land risks 23 33 14790 52 115882 45 139636 83 1771 88 865 55 16 Total ledger assets as per balance Item 42 2527103 46 ISTonLedger Assets IS Interest accrued on bonds per Schedule D part 1 23337 06 24 30 Total 23337 06 Gross assets 2550440 52 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 1771 88 38 Book value of ledger assets over market value viz Bonds and stocks per Sched ule D 16436090 41 Total admitted assets 2384307 74 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 11687 00 186832 90 3900 00 4 Total 202419 90 6 Net amount of unpaid losses and claims 174340 31 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired18 ComptrollerGeneral s Report 9 fire risks 108110130 unearned prem iums per recapitulation page 6 column 6 551027 30 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 8395876 unearned premiums fifty per cent 41979 38 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 11722430 unearned premiums 50 100 per cent 64987 15 10 11 18 23 26 27 28 Total unearned premiums as computed above 657993 83 Amount reclaimable by the insured on perpetual fire in surance policies being 90 per cent of the premiums or deposit received 15647 63 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 15000 00 All other liabilities viz Contingent fund 21325 97 Total amount of all liabilities except capital 884307 74 Capital actually paid up in cash 750000 00 Surplus over all liabilities 750000 00 29 Surplus as regards policyholders 1500000 00 30 Total liabilities 2384307 74 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 128766264 1535617 17 2 Written or renewed during the year per Income No 5 155057770 1464755 35 Total 283824034 3000372 52 Deduct those expired and marked off as terminated 142076767 1421760 41 In force at the end of the year 141747267 1578612 11 Deduct amount reinsured schedule re quired 21201432 296327 75 Net amount in force 120545835 1282284 36 Perpetual risks not included above 56855000 deposit premiums on same 17386 25ComptrollerGenerals Report 19 Business in the State of Georgia During 1914 27 Gross risks written 2025642 00 Less 39728600 risks cancelled and 839847 reinsurance in companies authorized in Georgia 1237133 00 Net risks written 788509 00 28 Gross premiums on risks written 24943 60 Less 385123 return premiums and 953252 premiums for reinsurance in companies authorized in Georgia 13383 75 Net premiums received 11559 85 29 Losses paid deducting salvage 12101 24 Less losseson risks reinsured in companies authorized in Georgia 4194 27 Net losses paid 7906 97 30 Losses incurred 14956 78 Less losses on risks reinsured in companies authorized in Georgia 5194 27 Net losses incurred 9762 51 THE AMERICAN INSURANCE COMPANY OF NEWARK N J Home Office 70 Park Place Newark New Jersey P L Hoadley President Frederick Hoadley Secretary Louie J Leonard 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 years 10334913 53 4 Extended at 10334 913 53 IIIncome 5 Gross premiums per Item 2 VI page 6 6188186 17 6 Deduct reinsurance premiums fire 927 84555 marine and inland 120510620 ComptrollerGeneral s Report return premiums fire 12275738 rine and inland 4784827 2215318 75 7 Total premiums other than perpetual 3972867 42 9 Gross interest on mortgage loans per Schedule B less 1849 accrued interest on mortgages acquired during 1914 88087 C9 11 Gross interest on bonds and dividends on stocks less 27957 accrued interest on bonds acquired during 1914 per Sched ule D 310548 74 12 Gross interest on deposits in trust com panies and banks per Schedule N 3162 81 13 Gross interest from all other sources Ac counts and bills receivable 338 74 16 Gross rents from companys property in cluding 1982010 for companys occu pancy of its own buildings 27537 14 17 Total gross interest and rents 429674 52 24 Increase in liabilities during the year on account of re insurance treaties 9099 48 241 Increase in liabilities during the year on account of income tax on salaries withheld at source 187 40 25 Prom agents balances previously charged off 43 IS 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 316 90 Stocks per Schedule D 121 S 00 28 Total income 4413406 90 IIIDisbursements 1 Gross amount paid policyholders for losses including 24274892 occurring in pre vious years 2741757 02 2 Deduct amount received for salvage fire 1658130 marine and inland 61635 reinsurance fire 55174085 marine and inland 606427 575002 77 3 Net amount paid policyholders for losses 2166754 25 4 Expenses of adjustment ami settlement of losses 69415 12 5 Commissions or brokerage 966798 27 7 Salaries 8117042 expenses 5161585 of special and general agents 1 27S6 27 8 Salaries fees and all other charges of officers directors trustees home and department office employees 212376 12ComptrollerGenerals Eeport 21 9 Eents including 1982010 for companys occupancy of its own buildings 21996 37 10 Advertising 248194 printing and stationery 4440831 46890 25 11 Postage telegrams telephone and express 31028 98 12 Legal expenses v 175 53 13 Furniture and fixtures 4927 87 14 Maps including corrections 8388 do 15 Underwriters Boards and Tariff Associations 26862 88 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 29178 35 17 Inspections and surveys 36129 16 18 Repairs and expenses other than taxes on real estate 1266 36 19 Taxes on real estate 8388 56 20 State taxes on premiums 87120 58 21 Insurance department licenses and fees 22155 96 22 All other licenses fees and taxes Federal corporation tax 488362 Municipal taxes and licenses 10392 o8 Federal stamp tax x259 43 23 Other disbursements Auditing 4558 15 Maintenance of office buildings including light and heat 12167 14 Collecting premium notes 1932 4 Commercial agency 2670 o0 Premium on surety bonds and liability insurance 479 97 Appraisal fees mortgage loans i001 35 34 Paid stockholders for interest or dividends amount de clared during the year 28000000 280000 00 Paid policyholders for dividends amount declared during the year 5200 53 38 Agents balances charged off 3660 85 40 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 72 18 Bonds per Schedule D 21m 95 Stocks per Schedule D 1218 00 41 Total disbursements 4218100 3 IVLedger Assets 1 Book value of real estate 454700 00 2 Mortgage loans on real estate per Schedule B first liens l79386o 75 4 Book value of bonds 447719009 and stocks 2348 62930 per Schedule D 6825819 39 5 Cash in companys office 617 97 6 Deposits in trust companies and banks not on interest 1 T 25000 00 per Schedule JN 7 Deposits in trust companies and banks on interest per a v 434588 40 Schedule JN 22 8 9 11 16 17 18 ComptrollerGenerals Report Agents balances representing business written subse quent to Oct 1914 Agents balances representing business written prior to Oct 1 1914 Bills receivable taken for fire risks Total ledger assets as per balance Item 42 NonLedger Assets Interest due 314850 and accrued 21 98267 on mortgages per Schedule B 25131 17 Interest accrued on bonds per Schedule D part 1 63588 35 593266 79 9381 79 392979 97 10530220 06 1719 52 24 Total 30 Gross assets 10618939 58 34 35 38 39 41 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914 9381 79 Bills receivable past due taken for marine inland and fire risks 47416 94 Book value of ledger assets over market value viz Stock and bonds 283314 39 Market value of special deposits in excess of correspond ing liabilities 31884 97 Total admitted assets 10246941 49 VLiabilities 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 422896 99 Gross claims for losses resisted 39738 00 Total Deduct reinsurance due or accrued 462634 99 97422 10 Net amount of unpaid losses and claims 365212 89 Gross premiums less reinsurance received and receiv able upon all unexpired fire risks 9 68552812 unearned premiums per re capitulation page 6 column 6 4991546 66CoMPTKOLLERGrENEKALs REPORT 23 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired navigation risks 125 67362 unearned premiums fifty per cent 62836 81 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to stockholders 7000000 to policyholders 11300 17 Salaries rents expenses bills accounts fees etc due or accrued estimated 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 23 All other liabilities viz Commission on farm prems payable when notes become due 25 Income tax on salaries withheld at source 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 1000000 00 Special reserve fund see Chapter 258 Laws of 1908 State of N J 300000 00 28 Surplus over all liabilities 3366393 67 5054383 49 70113 00 5000 00 50000 00 9099 48 26551 58 187 40 5580547 82 29 Surplus as regards policyholders 4666393 67 30 Total liabilities 10246941 49 Business in the State of Georgia During 1914 27 Gross risks written Less 102420700 risks cancelled and 43639800 reinsur ance in companies authorized in Georgia Net risks written 28 Gross premiums on risks written Less 678317 return premiums and 832680 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 3353636 00 1460605 00 1893031 00 48202 80 15109 97 33092 83 28972 16 7088 60 Net losses paid 21883 56 24 ComptrollerGenerals Eeport 30 Losses incurred 26908 88 Less losses on risks reinsured in companies authorized in Georgia 7522 21 Net losses incurred 19386 67 AMERICAN CENTRAL FIRE INSURANCE COMPANY OF ST LOUIS MO Edw T Campbell President B G Chapman Jr Secretary C H Godfre 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 years 5902514 01 3 Decrease of paidup capital during the year 1000000 00 4 Extended at 4902514 01 11Income 5 Gross premiums per Item 2 VI page 6 5443042 70 6 Deduct reinsurance premiums fire 2492 93446 return premiums fire 1009 34710 marine and inland 2266 3502304 22 7 Total premiums other than perpetual 1940738 4S 9 Gross interest on mortgage loans per Schedule B 2704 11 10 Gross interest on collateral loans per Schedule C 11279 92 11 Gross interest on bonds and dividends on storks less 0665 accrued interest on bonds acquired during 1914 per Sched ule D 195125 57 12 Gross interest on deposits in trust com panies and banks per Schedule N 2973 51 13 Gross interest from all other sources 777 66 17 Total gross interest and rents 18 From other sources Decrease in capital transferred to surplus 212862 77 1000000 00ComptrollerGenerals Eeport 25 24 Increase in liabilities during the year on account of re insurance treaties 138283 9 25 From agents balances previously charged off 241 98 26 Gross profit on sale or maturity of ledger assets viz Bonds per ScheduleD 3255 09 28 Total income 3295382 24 IIIDisbursements 1 Gross amount paid policyholders for losses including 39129819 occurring in pre vious years 2945178 68 2 Deduct amount received for salvage fire 1928693 marine and inland 300448 reinsurance fire 74627590i discount fire 97147 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 15835343 and expenses 7531099 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 526212 printing and stationery 4849270 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 23 Other disbursements Unlisted assets as per Schedule 34 Paid stockholders for interest or dividends amount de clared during the year 15000000 37 Decrease in liabilities during the year on account of re insurance treaties 38 Agents balances charged off 2175639 90 36467 86 56217 36 12637 61 233664 42 119085 83 19459 01 53754 82 27717 62 2573 73 2956 64 10784 05 28660 20 9428 75 35156 02 72532 12 23228 83 1108 13 19545 70 5925 00 149985 00 138283 92 19877 4526 ComptrollerGenerals Report 39 Gross loss on sale or maturity of ledger assets viz o u j i Ti 44408 09 Bonds per Schedule D 41 Total disbursements 3299098 6 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 34250 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 192385 62 4 Book value of bonds 270778506 and stocks 113593736 per Schedule D 3843722 42 5 Cash in companys office 10864 24 6 Deposits in trust companies and banks not on interest per Schedule N 62570 24 7 Deposits in trust companies and banks on interest per Schedule N 106272 32 8 Agents balances representing business written subsequent to Oct 1 1914 623861 15 9 Agents balances representing business written prior to Oct 1 1914 9402 90 12 Other ledger assets viz Due from Bossia Ins Co 28891236 due Commercial Union Assn Ltd 27344306 15469 30 16 Total ledger assets as per balance Item 42 4898798 19 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 54293 18 Interest accrued on bonds per Schedule D part 1 36715 44 19 Interest accrued on collateral loans per Schedule C part 1 i997 94 24 Total 39256 31 27 Other nonledger assets 30 Gross assets 4947813 65 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 9402 90 S Book value of ledger assets over market value 613964 39CompteollerGenebals Kepobt 27 39 Market value of special deposits in excess of corresponding liabilities per special deposit schedule page 10 3855 41 Total admitted assets VLiabilities 1 Gtoss losses adjusted and unpaid due 2 Gross claims for losses in process of ad justment or in suspense plus 3500000 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 4320590 48 149150 29 361783 61 20667 82 531601 72 165601 12 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 337089936 unearned prem iums per recapitulation page 6 column 6 1744737 95 S Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 2098049 unearned premiums fifty per cent V Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 9356 un earned premiums 100 per cent 10490 24 93 56 366000 60 10 Total unearned premiums as computed above 1755321 75 16 Dividends declared and unpaid to stockholders 898 48 17 Salaries rents expenses bills accounts fees etc due or accrued 6664 17 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 35000 00 26 Total amount of all liabilities except capital 2163885 00 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 1156705 48 29 Surplus as regards policyholders 2156705 48 30 Total liabilities 4320590 4828 ComptrollebGenebals Kepoet VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31 day of Dec as per line 5 under this heading in last years statement 666560878 7051040 09 2 Written or renewed during the year per Income No 5 490828277 5371833 79 3 Excess of original premiums over amount received for reinsurance 149346 42 4 Total 1157389155 12572220 30 5 Deduct those expired and marked off as terminated 396106322 4823293 62 6 In force at the end of the year 761282833 7748926 68 7 Deduct amount reinsured Schedule re quired 429701486 4378027 3Z 8 Net amount in force 331581347 3370899 3S THE AMERICAN DRUGGISTS FIRE INSURANCE COMPANY OF CINCINNATI OHIO has H Avery President Frank H Freericks Secretary Ben S Persons Macon Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 347694 23 Extended at 347094 2 IIIncome 5 Gross premiums per Item 2 VI page 6 150827 66 6 Deduct reinsurance premiums fire 18 78451 return premiums fire 749192 26276 43 7 Total premiums other than perpetual 124oul 23 11 iross interest on bonds and dividends on stocks less 56897 accrued interest on bonds acquired during 1914 per Sched ule D 13243 86ComptrollerGenerals Eeport 29 12 Gross interest on deposits in trust com panies and banks per Schedule N 442 93 17 Total gross interest and rents 18 From other sources Stock transfer fees 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 28 Total income IllDisbursements 1 Gross amount paid polieyholders for losses including 349873 occurring in pre vious years 45444 14 2 Deduct amount received for salvage fire 1185 reinsurance fire 459529 3 4 5 7 8 9 10 11 13 16 17 20 21 22 25 34 40 41 Net amount paid polieyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage less 375062 reinsurance com missions Salaries 179065 expenses 213177 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 296321 printing and stationery 116227 Postage telegrams telephone and express Furniture and fixtures depreciation 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 23159 tax on cap Vt 4000 Tenn 3000 Hamilton Co O pres prop 12885 Federal war tax stamps 21000 city license tax Atlanta Ga 2500 Macon Ga 7500 Los Angeles Cal 4000 Topeka Kan 5000 city license tax on prems Covington Ky 112 Macon Ga 428 Ga bond deposit fee 375 Other disbursements General expenses Paid stockholders for interest or dividends amount de clared during the year 1800000 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D Total disbursements 13686 79 7 50 157 62 138403 14 40837 00 1867 48 14126 61 3922 42 14454 92 480 00 4125 48 1325 34 79 60 303 37 512 52 3156 22 1688 65 839 59 1212 29 18000 0O 856 84 107788 3330 ComptkollerGenekals Kepoet IVLedger Assets 4 Book value of bonds 343564 30 5 Cash in companys office 203 23 7 Deposits in trust companies and banks on interest per Schedule N 18630 92 8 Agents balances representing business written subsequent to Oct 1 1914 15194 19 12 Other ledger assets viz Office furniture 716 40 16 Total ledger assets as per balance Item 42 378309 04 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 21 On acet current at bank 5008 65 10 03 5018 6S 383327 72 716 40 24 Total 30 Gross assets Deduct Assets Not Admitted 33 Furniture fixtures and safes 41 Total admitted assets 382611 32 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2040 5 2 Gross claims for losses in process of ad justment or in suspense plus 50000 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date S444 20 4 Total 5 Deduct reinsurance due or accrued 4484 85 702 48 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired risks 13021417 unearned premiums per recapitulation page 6 column 6 65568 50 3782 37 10 Total unearned premiums as computed above 65568 50ComptkollerGkneeals Report 31 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 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 200000 0 28 Surplus over all liabilities 109537 34 858 48 2864 63 29 Surplus as regards policyholders 30 73073 98 309537 34 Total liabilities 382611 32 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31 day of Dec as per line 6 under this heading in last years statement 12454793 Written or renewed during the year per Income No 5 14785282 127711 08 150827 66 Total 27240075 278538 74 Deduct those expired and marked off as terminated 12758764 128319 96 In force at the end of the year 14481311 150218 78 Deduct amount reinsured schedule re quired 1713137 20004 61 27 28 29 30 Net amount in force 12768174 130214 17 Business in the State of Georgia During 1914 Gross risks written 240045 00 Less risks cancelled 60275 00 Net risks written 179770 00 Gross premiums on risks written Less return premiums 3821 72 837 97 Net premiums received Losses paid deducting salvage Losses incurred 2983 75 55 07 55 07 32 ComptrollerGeneral s Eeport ATLANTA HOME INSURANCE COMPANY OF ATLANTA GEORGIA Joel Hurt President Chas A Bickerstaff Secretary Home Office Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 460709 31 4 Extended at 46070i 31 IIIncome 5 Gross premiums per item 2 VI page 6 110351 03 3 Deduct reinsurance premiums fire 26 03480 return premiums fire 1966334 45698 14 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B less 5833 accrued interest on mortgages acquired during 1914 10 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks less 38042 accrued interest on bonds acquired during 1914 per Sched ule D 13 Gross interest from all other sources Smith Thornton Vvinn Co Bickerstaff Richards Co 11252 65 654 13 64652 89 16637 34 39 35 44 22 17 Total gross interest and rents it IS From other sources Sale of local agency 160000 out Coins 42484 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income IIIDisbursements 57286 03 1 Gross amount paid policyholders for losses 2 Deduct amount received for salvage fire 24197 reinsurance fire 1578538 16027 35 3 Net amount paid policyholders for losses 28627 69 2024 84 537 00 95S42 42 41258 68ComptrollerGenerals Report 33 9 10 11 12 14 15 20 21 22 23 34 38 39 41 Expenses of adjustment and settlement of losses Commissions or brokerage less 750060 reinsurance com missions Salaries 164000 and expenses 190922 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 48706 printing and stationer 68078 Postage telegrams telephone and express Legal expenses Maps including corrections Underwriters Boards and Tariff Associations State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 2294 municipal taxes and licenses 153294 State and county taxes 89151 city taxes 78125 Other disbursements General expenses 84321 ex change 12419 interest paid 289940 Paid stockholders for interest or dividends Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 158000 Stocks per Schedule D 202500 Total disbursements i 751 00 10112 26 3549 22 10719 08 1884 00 1167 84 941 36 1038 70 211 50 1716 03 448 32 289 66 3228 64 3866 80 7000 00 2115 83 3605 00 93480 92 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 3 Loans secured by pledge of bonds stocks or other collateral per Schedule 0 4 Book value of bonds 5270000 and stocks 20937500 per Schedule D 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 12 Other ledger assets viz Notes receivable 154500 00 10000 00 262075 00 10931 45 3308 14 20224 99 1750 49 280 74 16 Total ledger assets as per balance Item 42 463070 8134 17 18 21 24 30 34 41 ComptrollerGenerals Eeport NonLedger Assets Interest accrued on mortgages per Sched B 58 33 Interest accrued on bonds per Schedule I part 1 380 42 Div accrued on stocks 3120 00 Total 355s 75 Gross assets 466629 56 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914 1 750 49 Total admitted assets 464S79 07 YLiabilities 10 17 18 23 26 27 28 29 30 Gross claims for losses in process of ad justment or in suspense 20133 00 Gross claims for losses resisted 2750 00 Total Deduct reinsurance due or accrued 22883 00 5293 00 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 13123381 unearned prem iums per recapitulation page 6 column 6 67216 22 Total unearned premiums as computed above Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement AH other liabilities viz Reins Cos Total amount of all liabilities except capital Capital actually paid up in cash 200000 00 Surplus over all liabilities 175188 87 Surplus as regards policyholders Total liabilities 17590 00 67 216 22 1033 83 1000 00 2850 10 89690 20 375188 87 464879 07ComptbollebGenebals Eepoet 35 VIEisks 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 statements 9138136 00 166048 90 2 Written or renewed during the year per Income No 5 6880109 0O 110351 03 4 Total 16018245 00 276399 93 5 Deduct those expired and marked off as terminated 7005880 00 109587 16 6 In force at the end of the year 9012365 00 166812 77 7 Deduct amount reinsured schedule re quired 2095817 00 35578 96 8 Net amount in force 6916548 00 131233 81 Business in the State of Georgia During 1914 27 Gross risks written 6285647 00 Less 1415368 risks cancelled and 153551700 reinsur ance in companies authorized in Georgia 2950885 00 Net risks written 3334762 00 28 Gross premiums on risks written 102318 71 Less 1696690 return premiums and 2563445 premiums for reinsurance in companies authorized in Georgia 42601 35 Net premiums received 59717 36 29 Losses paid deducting salvage 57044 06 Less losses on risks reinsured in companies authorized in Georgia 15785 38 Net losses paid 41258 68 30 Losses incurred 54954 68 Less losses on risks reinsured in companies authorized in Georgia 5293 0C Net losses incurred 49661 68 THE GENERAL LIBRARY THE UNIVERSITY OF GEORGIA ATHENS GEORGIA36 ComptrollerGeneral s Report ATLAS ASSURANCE COMPANY LTD OF LONDON ENGLAND United States Manager Frank Lock C C Hatcher Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York 200000 00 Ohio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 3154052 IIIncome 6 Gross premiums per Item 2 VI 2809211 17 7 Deduct reinsurance premiums fire 503 71313 return premiums 52563403 1029347 16 8 Total premiums other than perpetual 1779864 12 Gross interest on bonds and dividends on stocks less 198208 accrued interest on bonds acquired during 1914 per Schedule D 104667 92 13 Gross interest on deposits in trust com panies and banks per Schedule N 2136 89 17 Gross rents from companys property in cluding 50000 for companys occu pancy of its own buildings 4687 96 18 Total gross interest and rents 111 490 19 Received from home office 18 332 28 Gross profit on sale or maturity of ledger assets viz Bonds peT Schedule D 227 30 Total income 909 910 IIIDisbursement s 1 Gross amount paid policyholders for losses including 10991802 occurring in pre vious years 1251661 41 99 111 64CoMPTROLLERGrENERAEs REPORT 37 2 Deduct amount received for salvage Are 1881492 reinsurance fire 28742756 discount fire 28434 306526 82 3 Net amount paid policyholders for lossesi 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency expenses 7 Salaries 4717497 and expenses 4358428 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 50000 for companys occupancy of its own buildings 10 Advertising 738091 printing and stationery 1194053 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters Boards and Tariff Associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 99836 municipal licenses and taxes 765102 23 Other disbursements Auditors fees Classification and statistics 225674 Dunn Coand Bradstreets 178450 Donations 6800 entertaining agents and fieldmen 8860 Extra stenography 113441 horse and buggy San Francisco Dept 42000 Extra night work 241772 office sup plies 41628 Storage of office records 12000 sundries 58269 Premium employees liability bond 30358 moving to new office San Francisco Dept 11680 Special reports rate book corrections and field books 3099 91 4041 24 156 60 1554 41 2834 00 702 69 420 38 675 26 945134 59 31000 02 334308 29 3881 70 90759 25 120297 51 18198 21 19321 44 14603 13 351 26 5480 96 7324 48 26370 71 6805 32 13145 09 3661 03 559 00 30494 77 12075 60 8649 38 34 Remitted to home office 13484 49 103273 3938 ComptrollerGenerals Report 36 Agents balances charged off 63 25 37 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 5640 00 39 Total disbursements 1814888 87 IVLedger Assets 1 Book value of real estate 83878 81 4 Book value of bonds 231002230 and stocks 28670188 per Schedule D 2596724 18 5 Cash in companys office 3324 32 7 Deposits in trust companies and banks on interest per Schedule N 178847 26 8 Agents balances representing business written subsequent to Oct 1 1914 357853 17 9 Agents balances representing business written prior to Oct 1 1914 28453 13 16 Total ledger assets as per balance Item 40 3249080 87 STonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 28813 90 23 Rents accrued on companys property or lease 278 83 24 Total 29092 73 30 Gross assets 3278173 60 Deduct Assets Not Admitted 31 Cash 11801384 34 Agents balances representing business written prior to Oct 1 1914 28453 13 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 26460 86 39 Book value of ledger assets over market value viz Bonds and stocks 237289 18 Real estate 23878 81 434095 82 42 Total admitted assets 2844077 78 10 15 15 23 24 25 ComptrollerGenerals Report VLiabilities Gross losses adjusted and unpaid not yet 39 due Gross claims for losses in process of ad justment or in suspense plus 831204 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date Gross claims for losses resisted 2874 98 140560 95 19725 29 Total Deduct reinsurance due or accrued 163161 22 33437 27 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 326963860 unearned prem iums per recapitulation page 6 col 6 1691756 56 129723 95 Total unearned premiums as computed above Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafteT payable for Federal State and other taxes based upon the business of the year of this statement Contingent commission or other charges due or accrued 1691756 56 5737 32 30000 00 9959 45 Total amount of all liabilities except deposit capital 1867177 28 Deposit capital 300000 00 Surplus over all liabilities 676900 50 26 Surplus as regards policyholders 27 976900 50 Total liabilities 2844077 78 VIRisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement i 2 Written or renewed during the year 3 Excess of original premiums over amount received for reinsurance 374709372 280616088 3809529 67 2809211 17 4950 16 4 Tota 655325460 6623691 0040 ComptrollerGenerals Report 5 Deduct those expired and marked off as terminated 252727257 6 In force at the end of the year 7 Deduct amount reinsured schedule re quired 402598203 82572099 2606609 73 4017081 27 747442 67 8 Net amount in force 320026104 3269638 60 Business in the State of Georgia Diving 1914 1 Gross risks written 7138284 00 Less 160391100 risks cancelled and 130685800 re insurance in companies authorized in Georgia 2910769 00 Net risks written 2 Gross premiums on risks written Less 1705439 return premiums and 1470597 premiums for reinsurance in companies authorized in Georgia 4227515 00 97507 34 31760 36 Net premiums received 0546 98 3 Losses paid deducting salvage 39855 18 Less losses on risks reinsured in companies authorized in Georgia 5630 77 Net losses paid 34218 4 4 Losses incurred 43035 68 Less losses on risks reinsured in companies authorized in Georgia 5919 77 Net losses incurred 37115 91 BOSTON INSURANCE COMPANY OF BOSTON MASS Ransom B Fuller President Freeman Nickerson Secretary Win L Wilson 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 years 6799364 49 4 Extended at 0799364 49ComptrollerGenerals Report 41 IIIncome 5 Gross premiums per Item 2 VI page 6 5406521 03 5 Deduct reinsurance premiums fire 637 90653 marine and inland 29385360 return premiums fire 70120473 ma rine and inland 32993854 1962903 40 7 Total premiums other than perpetual 3443617 63 9 Gross interest on mortgage loans per Schedule B 21485 73 10 Gross interest on collateral loans per Schedule C 1233 87 11 Gross interest on bonds and dividends on stocks less 55109 accrued interest on bonds acquired during 1914 per Sched ule D 193714 68 12 Gross interest on deposits in trust com panies and banks per Schedule N 6703 78 13 Gross interest from all other sources Notes rec 7624 Phila Bd Fire Und 630 reins bureau 4639 128 93 16 Gross rents from companys property in cluding 1875000 for companys occu pancy of its own buildings 19125 03 17 Total gross interest and rents 242392 02 18 From other sources Conscience money 25 00 Profit on home office agency 4081 06 Borrowed money 100000 00 104106 06 25 From agents balances previously charged off 367 69 26 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 1200 00 Stocks per Schedule D 8038 75 9238 75 28 Total income 3799722 15 IIIDisbursements 1 Gross amount paid policyholders for losses including 31106864 occurring in pre vious years 2 Deduct amount received for salvage fire 1407565 marine and inland 59 2705481 9242 ComptrollerGenerals Report 01837 reinsurance fire 50615341 marine and inland 11388286 dis count fire 23555 marine and inland 45542 693821 26 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 34 29 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 3546957 and expenses 4182881 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Eents including 1875000 for companys occupancy of its own buildings Advertising 561010 printing and stationery 2245571 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 415689 municipal licenses 481568 internal revenue 124927 franchise tax 844161 Other disbursements Int prepayment marine prems and notes 87072 interest borrowed money 52709 miscellaneous expense 2006823 borrowed money repaid 10000000 Paid stockholders for interest or dividends Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 2011660 66 33731 10 704181 65 15327 27 77298 38 219404 06 28513 91 28065 81 18039 47 937 27 12334 27 5129 38 28037 93 17817 19 8416 16 7322 64 7543 52 46086 52 16193 47 18663 45 121466 04 240000 00 14767 00 41 Total disbursements 3704772 03 IVLedger Assets 1 Book value of real estate 505340 92 2 Mortgage loans on real estate per Schedule B 418500 00 ComptbollebGeneeals Repobt 43 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 20000 00 4 Book value of bonds 129831010 and stocks 351326299 per Schedule D 4811573 09 5 Cash in companys office 32832 48 7 Deposits in trust companies and banks on interest per Schedule N 451901 04 8 Agents balances representing business written subsequent to Oct 1 1914 565896 63 9 Agents balances representing business written prior to Oct 1 1914 28611 66 10 Bills receivable taken for marine and in land risks 56380 84 11 Bills receivable taken for fire risks 1894 62 12 Other ledger assets viz Notes receivable 83 33 Deposits with boards 1300 00 16 Total ledger assets as per balance Item 42 6894314 61 XoiiLedger Assets 17 Interest due 147508 and accrued 2 45299 on mortgages per Schedule B 3928 07 18 Interest due 125000 and accrued 16 48038 on bonds per Schedule D part 1 17730 38 27 Other nonledger assets viz Eeins return prems due from companies 1196 60 30 Gross assets 6917169 66 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 28611 66 35 Bills receivable past due taken for marine inland and fire risks 8351 34 36 Loans on personal security endorsed or not 83 33 37 Overdue and accrued interest on bonds in default 1458 33 38 Book value of ledger assets over market value viz Spec dep p 10 6921 66 Schedule D parts 1 and 2 404675 09 Mortgage No 113 1345 08 451446 49 41 Total admitted assets 6465723 1744 ComptrolleeGenebals Repoet VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 845931 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 5151 86 855123 69 44993 19 905268 74 329328 57 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 339867068 unearned prem iums per recapitulation page 6 col 6 1795010 09 S Gross premiums less reinsurance cash and bills received and receivable upon all unexpired ocean and inland naviga tion risks 104562433 unearned prem iums fifty per cent 522812 17 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 5990268 unearned premiums 100 per cent 59902 68 575940 17 10 Total unearned premiums as computed above 2377724 94 16 Dividends declared and unpaid to stockholders 120000 00 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 43175 11 19 Contingent commissions or other charges due or accrued 2500 00 23 All other liabilities viz Reins prems due to companies 6654 19 26 Total amount of all liabilities except capital 3127994 41 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 2337728 76 29 Surplus as regards policy holders 3337728 76 30 Total liabilities 6465723 1728 29 30 ComptrollerGenerals Report 45 VIEisks and Premiums In force on the 31 day of Dee as per line 6 under this heading in last years statement 456325488 Written or renewed during the year per income No 5 488472963 Total 944798451 Deduct those expired and marked off as terminated 436434899 In force at the end of the year 508363552 Deduct amount reinsured schedule required 114977038 Net amount in force 393386514 Business in the State of Georgia During 1914 Gross risks written 1040636 00 Less 12044200 risks cancelled and 7054300 reinsur ance in companies authorized in Georgia 190985 00 Net risks written 89651 00 Gross premiums on risks written 10921 38 Less 144115 return premiums and 28216 premiums for reinsurance in companies authorized in Georgia 1723 31 Net premiums received 9198 0 Losses paid deducting salvage W l a 6136 09 Losses incurred BRITISH AMERICAN ASSURANCE COMPANY OF TORONTO CANADA Home Office 18 20 and 22 Front St East Toronto Dominion of Canada VicePresident and General Manager W B Meikle C H Godfrey Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York State 00 00 5 Amount of ledger assets as per balance Dec 31 of previous year 1958651 0846 ComptrollerGenerals Eeport IIIncome 6 Gross premiums per Item 2 VI 1S34945 99 7 Deduct reinsurance premiums fire 408 29442 return premiums 38432703 8 Total premiums other than perpetual 1042324 54 12 Gross interest on bonds and dividends on stocks less 16575 accrued interest on bonds acquired during 1914 per Sched ule D 56863 42 13 Gross interest on deposits in trust com panies and banks per Schedule N 7286 95 14 Gross interest from other sources Unlisted assets 163 42 18 Total gross interest and rents 64313 79 19 Received from home office 77962 77 27 From agents balances previously charged off 176 49 30 Total income 1184777 59 IIIDisbursements 1 Gross amount paid polieyholders for losses including 9181438 occurring in pre vious years 1009953 42 2 Deduct amount received if or salvage ifire 899430 reinsurance fire 25742188 discount fire 24106 9 10 11 12 13 14 15 16 17 Net amount paid policylioldars for losses Expenses of adjustment and settlement of losses Commissions vor brokerage Salaries 2065930 and expenses 2844132 of special and general agents Salaries fees and all other dharges of officers directors trustees and home office employees Rents Advertising 367875 printing and stationery 1416940 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 743296 18 16788 96 242403 79 49100 62 54165 65 4016 25 17848 15 7670 21 652 69 710 18 3365 90 22260 35 626 94 466 30 ComptrollerGenerals Report 47 20 State taxes on premiums 10449 92 21 Insurance department licenses and fees 19780 84 22 All other licenses fees and taxes Federal corporation tax 25558 municipal 979598 10051 56 23 Other disbursements Exchange 1248 75 Water and ice 42 02 Heat light and cleaning 116 06 Insurance 75 21 34 Remitted to home office 40138 60 37 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 11421 50 39 Total disbursements 1256696 63 IVLedger Assets 4 Book value of bonds 136809938 and stocks 6247000 per Schedule D 1430569 38 7 Deposits in trust companies and banks on interest per Schedule N 304355 64 8 Agents balances representing business written subsequent to October 1 1914 143451 07 9 Agents balances representing business written prior to Oct 1 1914 6662 68 12 Other ledger assets viz Supplies 1693 27 16 Total ledger assets as per balance Item 40 1886732 04 NonLedger Assets 18 Interest 22577 20 30 Gross assets 1909309 24 Deduct Assets Not Admitted 31 Cash 253329 02 32 Supplies printed matter and stationery 1693 27 34 Agents balances representing business written prior to Oct 1 1914 6662 68 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 3755 51 39 Book value of ledger assets over market value viz Bonds and stocks 53612 64 42 Total admitted assets 1590256 1248 ComptbolleeGenebals Repobt VLiabilities 2 Gross elairas for losses in process of ad justment or in suspense plus 2353800 reserve for losses incurred prior to Dee 31 of which no notice had been receiv ed on that date i 3 Gross claims for losses resisted 4 Total 5 Deduct reinsurance due or accrued 163645 71 16057 00 179702 71 37401 00 0 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 191650961 unearned prem iums per recapitulation page 6 col 6 958715 87 142301 71 0 Total unearned premiums as computed above 15 Salaries rents expenses bills accounts fees etc due or accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 958715 87 1000 00 15634 86 2500 00 23 Total amount of all liabilities except deposit capital 24 Deposit capital 215000 00 25 Surplus over all liabilities 255103 68 26 Surplus as regards policyholders 27 Total liabilities VIRisks and Premiums 1120152 44 470103 68 1590256 12 1 In force on the 31 day of Dee as per line 6 under this heading in last years statement 242640917 2 Written or renewed during the year per Income No 5 177234679 3 Excess of original premiums over amount received for reinsurance 1834945 99 43442 03 4 Total 419875596 5 Deduct those expired and marked off as terminated 1 75619768 4331643 07 1872476 77ComptrollerGenerals Eepobt 49 6 In force at the end of the year 244255828 2459166 30 7 Deduct amount reinsured schedule re quired 5413409 5426o6 69 8 Net amount in force 190121738 1916509 61 Business in the Siae of Georgia During 1914 1 Gross risks written 2717338 00 Less 85044300 risks cancelled and 25194500 reinsur ance in companies authorized in Georgia 1102388 00 Net risks written 1614950 00 2 Gross premiums on risks written 35969 96 Less 918104 return premiums and 343906 premiums for reinsurance in companies authorized in Georgia 12620 10 Net premiums received 23349 86 3 Losses paid deducting salvage 18617 36 Less losses on risks reinsured in companies authorized in Georgia 3203 46 Net losses paid 5413 90 4 Losses incurred 1959a 31 Less losses on risks reinsured in companies authorized in Georgia 3203 46 Net losses incurred 16391 85 CALEDONIAN INSURANCE COMPANY OF NEW YORK N Y Chas H Post U S Mgr R C Christopher Asst U S Mgr Bowie Martin Attorney for Service TCapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 2265353 30 4 Extended at 2265353 3 IIIncome 5 Gross premiums per Item 2 VI page 6 2331373 5450 ComptrollerGenerals Report 6 Deduct reinsurance premiums fire 4i4 44322 return premiums fire 433 53168 907974 90 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 2916600 accrued interest on bonds acquired during 1914 per Schedule D 60910 G9 Gross interest on deposits in trust com panies and banks per Schedule N 1015 04 Gross rents from companys property in cluding 455000 for companys occu pancy of its own buildings 31012 34 1423398 64 12 16 17 Total gross interest and rents i 18 From other sources Remitted from home office 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 92938 07 25445 57 375 00 28 Total income 1542157 28 IIIDisbursements 1 Gross amount paid policyholders for losses including 13129981 occurring in pre vious years 1151073 2 Deduct amount received for salvage fire 687743 reinsurance fire 27075934 discount fire 27206 3 Net amount paid policyholders for losses 873165 05 4 Expenses of adjustment and settlement of losses 46110 38 5 Commissions or brokerage 294370 04 7 Salaries 1521369 and expenses 1785176 of special and general agents 33065 45 8 Salaries fees and all other charges of officers directors trustees and home office employees 99956 62 9 Rents including 455000 for companys occupancy of its own buildings 10008 63 10 Advertising 124185 printing and stationery 1001860 11260 45 11 Postage telegrams telephone and express 11708 75 12 Legal expenses 110 07 13 Furniture and fixtures 1200 88 14 Maps including corrections 6328 52 15 Underwriters Boards and Tariff Associations 22862 80 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 11041 73ComptrollerGenerals Report 51 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 39 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 County and municipal license and taxes 23 Other disbursements Office expenses and miscellaneous 27 Remitted to home office 38 Agents balances charged off 41 Total disbursements 3646 81 16108 85 7298 00 25905 24 7514 65 1571 68 7353 20 3089 02 10626 35 193 39 1504496 56 1 VLedger Assets 1 Book value of real estate 442085 58 4 Book value of bonds 97542414 and stocks 48206947 per Schedule D 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule X 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 367 84 5026 65 107631 47 285812 97 4595 90 16 Total ledger assets as per balance Item 42 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 1818 70 24 Total 25 Market value of real estate over book value per Schedule A 10818 70 82914 42 30 Gross assets 2396747 14 Deduct Assets Not Admitted 4595 90 34 Agents balances representing business written prior to Oct 1 1914 38 Book value of ledger assets over market value viz Bonds and stocks 94748 6152 ComptbolleeGenerals Report Market value of special deposits in excess of corresponding liabilities per special deposit Schedule page 10 13361 46 4i Total admitted assets 2284041 17 VLiabilities 1 Gross losses adjusted and unpaid due 1218686 not yet due 6110039 3287 25 2 Gross claims for losses in process of ad justment or in suspense 154438 88 3 Gross claims for losses resisted 20388 28 4 Total 5 Deduct reinsurance due or accrued 248114 41 61565 43 6 Net amount of unpaid losses and claims 186o48 98 7 Gross premiums less reinsurance receiv ed and receivable upon all nnexpired fire risks 283359312 unearned prem iums per recapitulation page 6 col 6 1460252 59 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 23 All other liabilities viz Reserve for contingencies 1460252 59 2000 00 25000 00 10000 00 26 Total amount of all liabilities except capital 28 Surplus over all liabilities 600239 60 29 Surplus as regards policyholders 30 Total liabilities 1683801 57 600239 60 2284041 17 Business in the State of Georgia During 1914 27 Gross risks written Less 41785000 risks cancelled and 25434400 reinsur ance in companies authorized in Georgia 1568119 00 672194 00 Net risks written 895925 00 28 Gross premiums or risks written 22627 08ComptrollerGenerals Keport 53 Less 487267 return premiums and 382896 premiums for reinsurance in companies authorized in Georgia 8701 63 Net premiums received 1392o 4o 29 Losses paid deducting salvage 11030 61 Less losses on risks reinsured in companies authorized in Georgia 1233 64 Net losses paid 9796 9v 12 420 29 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia L550 80 Net losses incurred 10869 42 CAMDEN INSURANCE COMPANY OF CAMDEN NEW JERSEY Edmund E Read Jr President Joseph K Sharp Secretary C M Jerome Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 700000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 3107826 98 3 Increase of paidup capital during the year 100000 oo Extende d at 3207826 93 TIIncome 5 Gross premiums per Item 2 VI page 6 2544501 88 5 Deduct reinsurance premiums fire 340 09114 return premiums fire 551 744M 891836 00 7 Total premiums other than perpetual l85266o 8 8 Deposit premiums written on perpetual risks gross 755 00 9 Gross interest on mortgage loans per Schedule B less 2676 accrued jnterest on mortgages acquired during 1914 40227 OS 10 Gross interest on collateral loans per Schedule C 3547 3854 ComptrollerGenerals Eeport 11 Gross interest on bonds and dividends on stocks less 110540 accrued interest on bonds acquired during 1914 per Schedule D 87937 56 12 Gross interest on deposits in trust com panies and banks per Schedule N 1197 92 13 Gross interest from all other sources Deposit with Phila Und Assn 315 agents balances 175 reinsurance bureau 4640 notes receivable 3729 88 59 16 Gross rents from companys property in eluding 600000 for companys occu pancy of its own buildings 6000 00 17 Total gross interest and rents 13S998 53 18 From other sources Transfer fees 12 00 Borrowed on note 115000 00 Paid by stockholders to increase surplus 100000 00 215012 00 28 Total income 2007431 41 IIIDisbursements 1 Gross amount paid policyholders for losses including 10806047 occurring in pre vious years 1322402 18 2 Deduct amount received for salvage fire 1378425 reinsurance fire 25421966 discount fire 64062 268644 53 3 Net amount paid policyholders for losses 1053757 65 4 Expenses of adjustment and settlement of losses 15092 33 5 Commissions or brokerage 414381 06 6 Allowances to local agencies for miscellaneous agency ex penses 5591 39 7 Salaries 2036622 and expenses 1290618 of special and general agents 33272 40 8 Salaries fees and all other charges of officers directors trustees and home office employees 74333 98 9 Bents including 600000 for companys occupancy of its own buildings 6727 23 10 Advertising 142228 printing and stationery 1217693 13599 21 11 Postage telegrams telephone and express 8680 11 12 Legal expenses 2941 90 13 Furniture and fixtures 1157 68 14 Maps including corrections 5256 69 ComptrollerGenerals Eeport 55 15 Underwriters Boards and Tariff Associations 20253 01 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 7615 3 434 99 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 88 0 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees blbi 22 All other licenses fees and taxes Federal 921 04 corporation tax Jl City and county tax 241 92 Miscellaneous taxes 66o 96 3998 92 23 Other disbursements Care of garden 980 60 subscriptions to publications 19383 47443 Electric power 10658 paid on note 11500000 113106 58 Heating 51495 interest on money borrowed 47712 2 7 T 477 16 Lighting Office and janitors supplies 304 82 Printing equipment 361 9 Traveling expenses of officers and clerks 2271 72 All other expenses 66y 6 122320 28 j 816 43 33 Deposit premiums returned 34 Paid stockholders for interest or dividends amount de clared during the year 7200000 79183 ZS Includes 5 interest on payments toward new capital and surplus 720368 gg 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D i043 75 Stocks per Schedule D 5087 12 6130 87 41 Total disbursements 1908731 53 IVLedger Assets 1 Book value of real estate 105036 19 2 Morteage loans on real estate per Schedule B first liens 0056 CompteolleeGenebals Eepoet 3 Loans secured by pledge of bonds stocks or other collateral per Schedule 0 61750 00 4 Book value of bonds 144991806 and stocks 47465390 per Schedule D 1924571 96 5 Cash in companys office 2160 56 6 Deposits in trust companies and banks not on interest per Schedule N 1027 50 7 Deposits in trust companies and banks on interest per Schedule N 145783 73 8 Agents balances representing business written subsequent to Oct 1 1914 292864 22 9 Agents balances representing business written prior to Oct 1 1914 4672 94 11 Bills receivable taken for fire risks 74 76 12 Other ledger assets viz Cash deposit with Philadelphia Underwriters Assn 100 00 Cash deposit with Western Sprinkled Risk Assn 500 00 15 Cash deposit with Cotton Insurance Assn 250 00 16 Total ledger assets as per balance Item 42 3306526 86 NonLedger Assets 17 Interest due 114965 and accrued 11 60829 on mortgages per Schedule B 12757 94 18 Interest accrued on bonds per Schedule D part 1 20340 37 19 Interest accrued on collateral loans per Schedule C part 1 5 83 20 Interest due on bank deposits 679 73 24 Total 33783 87 30 Gross assets 3340310 73 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 4672 94 35 Bills receivable past due taken for ma rine inland and fire risks 74 70 Deposit with Western Sprinkled Risk Association 500 00 Deposit with Cotton Insurance Assn 250 00ComptbolleeGenebals Eepoet 39 Eeal estate 40 Bonds and stocks 6036 19 40855 96 57 52389 85 41 Total admitted assets 3287920 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 261179 00 4 Total 5 Deduct reinsurance due or accrued 261179 00i 50389 57 6 Net amount of unpaid losses and claims 210789 43 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 289588089 unearned prem iums per recapitulation page 6 col 6 1514034 85 10 Total unearned premiums as computed above 1514034 85 11 Amount reclaimable by the insured on perpetual fire in surance policies being 90 per cent of the premium or deposit received 16 Dividends declared and unpaid to stockholders 17 Salaries rents expenses bills accounts fees etc due or accrued 18 Kstimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 23 All other liabilities viz Interest paid in advance mort gages 696 and 577 27891 30 379 10 2417 02 20000 00 26 Total amount of all liabilities except capital 1776270 45 27 Capital actually paid up in cash 700000 00 28 Surplus over all liabilities 811650 43 29 Surplus as regards policyholders I5116o0 43 30 Total liabilities 3287920 8858 ComptrollerGenerals Eeport 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 2 Written or renewed during the year per Income No 5 3 Excess of original premiums over amount received for reinsurance 283959191 3081710 04 235686825 2544501 88 12946 32 4 Total 5 Deduct those expired and marked off as terminated 519646016 5639158 24 200677013 2289459 24 6 In force at the end of the year 318969003 3349699 00 7 Deduct amount reinsured schedule re quired 38525083 453818 11 S Net amount in force 280443920 289588089 Business in the State of Georgia During 1914 27 Gross risks written 4857119 00 Less 119071500 risks cancelled and 112271000 re insurance in companies authorized in Georgia 2313425 00 Net risks written 2543694 00 43070 00 17324 07 Net premiums received 28 Gross premiums on risks written Less 817290 return premiums and 915117 premiums for reinsurance in companies authorized in Georgia 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 25745 93 18647 16 5575 85 Net losses paid 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 13071 31 20409 16 5861 79 Net losses incurred 14547 37ComptrollerGenerals Report 59 CENTRAL MANUFACTUEEES MUTUAL OF VAN WEET OHIO H V OJney President C A L Purmort Secretary F Wade Vaugfaan Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 600358 13 i Extended at 600358 13 IIIncome 5 Gross premiums per Item 2 VI page 6 565740 08 6 Deduct reinsurance premiums fire 5 12350 return premiums fire 9188727 7 Total net premiums other than perpetual 468729 31 9 Gross interest on mortgage loans per Schedule B less 5800 accrued interest on mortgages acquired during 1914 per Schedule D 5415 39 11 Gross interest on bonds and dividends on stocks less 22222 accrued interest on bonds acquired during 1914 per Schedule D 14926 78 16 Gross rents from companys property in cluding 120000 for companys occu pancy of its own buildings 2739 57 17 Total gross interest and rents 28 Total income IllDisbursements 22081 74 491811 05 1 Gross amount paid policyholders for losses including 873924 occurring in pre vious years 195290 92 2 Deduct amount received for salvage fire 101596 discount fire 42533 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 193849 63 2313 49 61664 3960 ComptrollerGeneral s Report 10 11 12 13 14 15 16 17 18 19 20 21 99 23 34 41 Salaries 224200 and expenses 506029 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 120000 for companys occupancy of its own buildings Advertising 38107 printing and stationery 168110 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 Van Wert County Ohio personal Other disbursements Fuel Supplies Janitor Gen expenses Premiums on bonds Paid policyholders dividends amount declared during the year 7513188 Total disbursements 7302 29 21011 00 1200 00 2062 17 1447 28 844 09 773 60 370 43 35 55 381 22 11310 26 66 65 534 19 5730 64 952 28 1635 47 754 26 356 89 466 20 600 00 2614 12 25 00 75131 88 393432 98 IVLedger Assets 1 Book value of real estate 40000 00 2 Mortgage loans on real estate per Sched ule B 114075 00 4 Book value of bonds 426200 00 5 Cash in companys office 2566 00 6 Deposits in trust companies and banks not on interest per Schedule N 33472 00 S Agents balances representing business written subsequent to Oct 1 1914 82421 82 16 Total ledger assets as per balance Item 42 698736 20ComptrollerGenerals Keport 61 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 1886 18 18 Interest accrued on bonds per Schedule D part 1 4043 45 21 Market Value of bonds over book value 2420 00 24 Total 707025 83 30 Gross assets 707025 83 VLiabilities 10 17 18 Gross claims for losses in process of ad justment or in suspense 16666 04 Gross claims for losses resisted 3000 00 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 255518 36 19 25 28 29 Total unearned premiums as computed above Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement Contingent commissions or other charges due or accrued 19666 04 255518 36 200 00 Total amount of all liabilities except capital Surplus as regards policyholders Total liabilities and surplus 6800 00 14840 00 297024 40 410001 43 707025 83 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 32156290 427217 22 2 Written or renewed during the year per Income No 5 42483678 565740 08 4 Total 74639968 992957 3062 ComptbollerGenebals Kepobt 5 Deduct those expired and marked off as terminated 34797229 489854 37 6 In force at the end of the year 39843739 503102 93 7 Deduct amount reinsured schedule re quired 345850 495S 7o 8 Net amount in force 39496889 498144 18 CITIZENS INSURANCE COMPANY OF ST LOUIS MO Chas E Chase President P O Crocker Secretary V E Prescott Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 847699 90 4 Extended at 84699 90 IIIncome 5 Gross premiums per Item 2 VI page 6 1797258 11 3 Deduct reinsurance premiums fire 1877 86347 marine and inland 114138 return premiums fire 27473774 marine and inland 38155 2152601 21 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 14200 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources On deposit with underwriters boards 4361 65 14454 58 1197 92 27 29 17 Total gross interest and rents 28 Total income 355343 10 20041 44 335301 66ComptrollerGenerals Report 63 IIIDisbursements 1 Gross amount paid policyholders for losses including 14469733 occurring in pre vious years 1012764 84 2 Deduct amount received for salvage fire 1399973 reinsurance fire 99445436 3 4 5 8 9 10 11 13 14 15 20 21 22 23 34 38 39 Net amount paid policyholdeTS 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 Postage telegrams telephone and express Furniture and fixtures Maps including corrections Underwriters Boards and Tariff Associations State taxes on premiums Insurance department license and fees All other licenses fees and taxes State corporation tax Other disbursements Surety bonds Paid stockholders for interest or dividends Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 41 Total disbursements 4310 75 46 98 164833 12 70 00 95 65 6 38 2 94 54 44 15 00 317 92 44 02 18 90 3047 25 71 96 18000 00 27 50 23462 49 115240 84 IVLedger Assets 2 Mortgage loans on real estate per Schedule B 81700 00 4 Book value of bonds 26286626 and stocks 82500 per Schedule D 263691 26 7 Deposit in trust companies and banks on interest per Schedule N 108928 01 8 Agents balances representing business written subsequent to Oct 1 1914 158469 55 9 Agents balances representing business written prior to Oct 1 1914 14850 26 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B i 956 0864 CoMPTROLLEEGrENBRALS REPORT 18 Interest accrued on bonds per Schedule D part 1 4621 66 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 14850 26 38 Book value of ledger assets over market value viz Bonds 16686 26 41 Total admitted assets 601680 30 VLiabilities 1 Gross losses adjusted and unpaid not yet due 530S1 54 2 Gross claims for losses in process of ad justment or in suspense 123119 65 3 Gross claims for losses resisted 20745 97 4 Total 196947 16 6 Net amount of unpaid losses and claims 8914 54 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 4618239 unearned prem iums per recapitulation page 6 col 6 26313 35 10 Total unearned premiums as computed above 26313 35 27 Capital actually paid up in cash 200000 00 28 Surplus over all liabilities 363952 41 29 Surplus as regards policyholders 563952 41 30 Total liabilities 601680 30ComptrollerGenerals Report 65 CITY OF NEW YORK INSURANCE COMPANY OF NEW YORK CITY JIaiden Lane and William St New York N Y Major A White President J Carroll French Secretary William H Rhett Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 583200 00 2 Amount of ledger assets as per balance Dec 31 of previous years 1680806 08 3 Increase of paidup capital during the year 3200 00 4 Extended at W006 08 IIIncome 5 Gross premiums per Item 2 VI page 6 1133923 45 6 Deduct reinsurance premiums fire 386 88997 return premiums fire 266 76639 653656 36 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 105000 accrued interest on bonds acquired during 1914 per Schedule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 15163 40 47350 31 1257 88 480267 09 17 Total gross interest and rents 18 From other sources Surplus paid in by stockholders ac quiring new stock at price of 200 per share 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 310 00 153 47 63771 59 3200 00 542 88 4i3 47 28 Total income 548245 0366 ComptrollerGenerals Report IIIDisbursements 1 Gross amount paid policyholders for losses including 8679996 occurring in pre vious years 606717 05 2 Deduct amount received for salvage fire 415412 reinsurance fire 27380067 discount fire 20658 278161 37 3 Net amount paid policyholders for losses 328555 68 4 Expenses of adjustment and settlement of losses 9355 44 5 Commissions or brokerage 95206 72 7 Salaries 862296 and expenses 632843 of special and general agents 14951 39 8 Salaries fees and all other charges of officers directors trustees and home office employees 65354 98 Rents 11172 62 Advertising 81671 printing and stationery 424660 5063 31 Postage telegrams telephone and express 4697 12 Legal expenses 1066 41 Furniture and fixtures 125 96 Maps including corrections 3377 39 Underwriters Boards and Tariff Associations 9968 15 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 4800 04 Inspection and surveys 1836 84 State taxes on premiums 13200 20 Insurance department licenses and fees 4774 24 All other licenses fees and taxes Municipal licenses 2763 93 War premium tax 318 34 Other disbursements Mercantile reports 1536 00 Sundry office expenses 4 71 57 Paid stockholders for interest or dividends amount de clared during the year 5616000 56080 00 Agents balances charged off 129 70 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 100 00 41 Total disbursements 634906 03 9 10 11 12 13 14 15 16 17 20 21 22 23 34 38 39 IVLedger Assets 2 Mortgage loans on real estate per Schedule B 308250 00 4 Book value of bonds 33675875 and stocks 75657913 per Schedule D 1093337 88 5 Cash in companys office 14668 68ComptrollerGenerals Report 67 Deposits in trust companies and banks not on interest per Schedule N 7301 78 Deposits in trust companies and banks on interest per Schedule N 58916 37 Agents balances representing business written subsequent to Oct 1 1914 108914 48 Agents balances representing business written prior to Oct 1 1914 5955 89 16 17 18 25 30 34 37 38 Total ledger assets as per balance Item 42 NonLedger Assets Interest accrued on mortgages per Sched ule B Interest accrued on bonds per Schedule D part 1 5384 50 5054 16 1597345 08 Total Gross assets 10438 66 Deduct Assets Not Admitted 1607783 74 Agents balances representing business written prior to Oct 1 1914 5955 89 Overdue and accrued interest on bonds in default 466 67 Book value of ledger assets over market value viz Bonds and stocks 138713 88 Market value of special deposits in excess of corresponding liabilities Schedule 10 3178 08 41 1 2 3 4 148314 52 Total admitted assets 1459409 22 VLiabilities Gross losses adjusted and unpaid not yet due Gross claims for losses in process of ad justment or in suspense plus 998100 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date Gross claims for losses resisted 3000 00 111382 00 15240 00 Total 129622 0068 ComptrollerGenerals Eeport 5 Deduct reinsurance due or accrued 70791 49 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 110458555 unearned prem iums per recapitulation page 6 col 6 16 Dividends declared and unpaid to stockholders 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 5SS30 51 560671 27 14580 00 1000 00 500 00 26 Total amount of all liabilities except capitalS 27 Capital actually paid up in cash 583200 00 28 Surplus over all liabilities 233687 44 642581 7 29 Surplus as regards policyholders 816887 44 30 Total liabilities 1459469 22 VIRisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 182090266 172391134 2 Written or renewed during the 3ear per income No 5 117711525 1133923 45 4 Total 299801791 2857834 79 5 Deduct those expired and marked off as terminated 119565849 1152055 SI 6 In force at the end of the year 180235942 1705778 9S 7 Deduct amount reinsured schedule re quired 59820394 601193 13 Net amount in force 120415548 1104585 85 Business in the State of Georgia During 1914 27 Gross risks written 2813944 00 Less 56945200 risks cancelled and 47426800 reinsur ance in companies authorized in Georgia 1043720 00 Net risks written 1770224 00CompteollebGenebals Report 69 28 Gross premiums on risks written 49084 78 Less 905241 return premiums and 799857 premiums for reinsurance in companies authorized in Georgia 17050 98 Net premiums received r 32033 80 29 Losses paid deducting salvage 18581 27 Less losses on risks reinsured in companies authorized in Georgia M63 50 Net losses paid 17417 77 30 Losses incurred 24169 27 Less losses on risks reinsured in companies authorized in Georgia 2689 50 Net losses incurred 21479 It COMMERCIAL UNION ASSURANCE COMPANY LTD OF LONDON ENGLAND United States Manager A H Wray D I Mclntyre Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policy holders of the com pany in the United States as follows New York 481000 00 Massachusetts 100000 00 ohio 100000 00 Amount of ledger assets as per balance Dec 31 of previous year 7569162 71 IIIncome Fire Marine and Inland 6 Gross premiums per Item 2 VI 9217365 27 1239948 41 7 Deduct reinsurance prem iums fire 159270247 marine and inland 45970 ComptrollerGenerals Report 35102 return premiums 150033999 marine and inland 14559871 3C93042 46 001947 76 9 10 12 13 17 18 19 25 27 28 30 Total premiums other than perpetual 6124322 SI 634998 65 6759 Deposit premiums written on perpetual risks gross Gross interest on mortgage loans per Schedule B 870 00 Gross interest on bonds and dividends on stocks 223900 45 Gross interest on deposits in trust com panies and banks per Schedule N 7457 63 Gross rents from companys property 68545 57 Total gross interest and rents Received from home office Income tax withheld at the source From agents balances previously charged off Gross profit on sale or maturity tf ledger assets viz Bonds per Schedule D 321 46 628 00 300 700 773 65 960 11 370 00 82 66 359 91 Total income 7762495 i 9 IIIDisbursements 1 Gross amount paid policy holders for losses in cluding 63488739 oc curring in previous years 3410255 17 920733 16 2 Deduct amount received for salvage fire 46 83212 marine and in land 13082882 rein surance fire 82620820 marine and inland 36600879 873040 32 496837 61 3 Xet amount paid policyholders for losses 2961110 40 4 Expenses of adjustment and settlement of losses 71524 29 5 Commissions or brokerage 1717370 44 6 Allowances to agencies for miscellaneous agency expenses 9195 62 7 Salaries 6314742 and expenses 5431886 of special and general agents 11 7466 28 8 Salaries fees and all other charges of officers directors trustees and home office employees 216172 29 9 Rents 27126 18ComptrollerGenerals Report 71 10 Advertising 579261 printing and stationery 47 24022 153032 83 11 Postage telegrams telephone and express 26357 89 12 Legal expenses o46 69 13 Furniture and fixtures 5269 79 14 Maps including corrections 7690 3b 15 Underwriters Boards and Tariff Associations 58439 02 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 37426 67 17 Inspections and surveys ioo 18 Repairs and expenses other than taxes on real estate 29795 90 19 Taxes on real estate 17112 31 20 State taxes on premiums 94069 47 21 Insurance department licenses and fees 18039 93 22 All other licenses fees and taxes Federal coTporation tax 375278 franchise tax 387848 State county and municipal 872472 internal revenue stamp tax 78204 17A38 02 32 Exchange 4823 55 33 Deposit premiums returned 34 Remitted to home office 559816 92 36 Agents balances charged off 8 02 38 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 2186362 bonds per Schedule D 696741 28831 03 39 Total disbursements 6100459 03 IVLedger Assets 1 Book value of real estate 676300 00 2 Mortgage loans on real estate per Sched ule B first liens 30000 00 4 Book value of bonds 563323307 and stocks 13235498 per Schedule D 5765588 05 5 Cash in companys office 999 29 6 Deposit in trust companies and banks not on interest per Schedule N 177907 80 7 Deposits in trust companies and banks on interest per Schedule N 1113103 30 8 Agents balances representing business written subsequent to Oct 1 1914 1388222 36 9 Agents balances representing business written prior to Oct 1 1914 77904 88 11 Bills receivable taken for fire risks 1173 79 16 Total ledger assets as per balance Item 40 9231199 4772 ComptrollerGenerals Report NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 595 55 18 Interest accrued on bonds per Schedule D part 1 70358 00 23 Rents accrued on companys property or lease 9491 90 24 Total 80445 45 25 Market value of real estate over book value per Sched ule a 283700 00 30 Gross assets 9595344 92 Deduct Assets Not Admitted 31 Cash 442010 39 34 Agents balances representing business written prior to Oct 1 1914 77904 88 35 Bills receivable past due taken for ma rine inland and fire risks 169 24 39 Book value of ledger assets over market value viz Bonds and stocks 313218 05 833302 56 42 Total admitted assets 8762042 36 VLiabilities 1 Gross losses adjusted and unpaid not yet due 51763 00 2 Gross claims for losses in process of ad justment or in suspense plus 2557300 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 679573 66 3 Gross claims for losses resisted 23495 00 4 Total 754831 66 5 Deduct reinsurance due or accrued 161803 56 6 Net amount of unpaid losses and claims 593028 10 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1170394038 unearned premiums per recapitulation page 6 column 6 6083888 73ComptbollebGenebals Eepobt 73 10 11 15 16 17 23 24 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 3794460 unearned premiums fifty per cent 1S972 30 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 14821599 unearned premiums 8172122 at 50 per cent 4086061 6649477 at 100 per cent 6649477 107355 38 Total unearned premiums as computed above 6210216 41 Amount reclairnable by the insured on perpetual fire in surance policies being 90 per cent of the premium or deposit received 85316 94 Salaries rents expenses bills accounts fees etc due or accrued 2840 00 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 115082 34 Contingent commissions or other charges due or accrued 14120 00 Total amount of all liabilities except deposit capital 7020603 79 Deposit capital 450000 00 Surplus over all liabilities 1291438 57 26 Surplus as Tegards policyholders 1741438 57 27 Total liabilities 8762042 36 YTRisks and Premiums Fire Bisks Premiums Thereon Tn force December 31 1913 883272836 8895378 89 Written or renewed in 1914 1072383961 9217365 27 Excess of original premiums over amount received for reinsurance 1639018 17 Totals 1955656797 19751762 33 Deduct expirations and cancellations 620328151 6556135 36 Tn force December 31 1914 1335328646 13195626 97 Deduct amount reinsured 163352987 1491686 59 Net amount in force 1171975659 11703940 3874 ComptrollerGenerals Eeport COMMONWEALTH INSURANCE COMPANY OF NEW YORK CITY E G Richards President Robert Newboult Secretary Prank H Reynolds Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 2757040 64 4 Extended at 2757640 64 ITIncome 5 Gross premiums per item 2 VI page 6 1633905 11 6 Deduct reinsurance premiums fire 408 60537 return premiums fire 32442190 733117 27 7 Total premiums other than perpetual 900787 84 9 Gross interest on mortgage loans per Schedule B 14033 20 11 Gross interest on bonds and dividends on stocks less 44715 accrued interest on bonds acquired during 1914 per Sched ule D 95066 00 12 Gross interest on deposits in trust com panies and banks per Schedule X 601 80 13 Gross interest from all other sources Interest on deferred payments of inter est of bonds and mortgages 20 85 Westein Adjustments Inspection Co 12 00 17 Total gross interest and rents 110633 85 18 From other sources Conscience fund account 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 131 94 7S 7 1533 75 28 Total income 1013166 13 IIIDisbursements 1 Gross amount paid policyholders for losses including 8674109 occurring in pre vious years 4 792357 41ComptrollerGeneral s Eeport 75 2 Deduct amount received for salvage fire 498375 reinsurance fire 27348722 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 1755500 and expenses 1619693 of special and general agents 8 Salaries fees and all othercharges of officers directors trustees and home office employees 9 Rents 10 Advertising 66519 printing and stationery 996151 1 1 Iostage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters Boards and Tariff Associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Municipal licenses and fees Legal publications Emergency revenue tax Total expenses 33110798 34 Paid stockholders for interest or dividends amount de clared during the year 5000000 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assPts viz Stocks per Schedule 1 41 Total disbursements IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 290200 00 4 Book value of bonds 148932446 and stocks 83673915 per Schedule D 2326063 61 5 Cash in companys office 20 0 7 Deposits in trust companies and banks on interest per Schedule N 05259 90 8 Agents balances representing business written subsequent to Oct 1 1914 157303 60 513886 43 9941 84 184449 85 4087 66 33754 93 22353 22 7351 67 10626 70 6496 73 694 11 491 41 1061 44 13568 65 7237 89 l20O 66 16667 46 5407 80 1401 25 3853 17 500 60 260 94 50000 00 25 21 1533 75 890853 3776 ComptrollerGenerals Report 9 Agents balances representing business written prior to Oct 1 1914 12 Other ledger assets viz Western Adjust ment Inspection Co 4726 29 200 00 16 Total ledger assets as per balance Item 42 2873953 40 NonLedger Assets 17 Interest due 110000 and accrued 2 53627 on mortgages per Schedule B 3636 27 18 Interest accrued on bonds per Schedule D part 1 16660 40 24 Total 30 Gross assets 2894250 07 Deduct Assets Not Admitted 20296 67 34 Agents balances representing business written prior to Oct 1 1914 38 Book value of ledger assets over market value 39 Market value of special deposits in excess of corresponding liabilities 4726 29 122065 11 15959 48 41 Total admitted assets 2751499 19 VLiabilities 1 Gross losses adjusted and unpaid due 2 Cross claims for losses in process of ad justment or in suspense plus 271400 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 3 Gross claims for losses resisted 11878 00 117142 84 8195 00 4 Total 5 Deduct reinsurance due or accrued 137215 84 44723 56 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire riskSj 155738221 unearned prem iums per recapitulation page 6 col 6 807218 81 H2492 28 10 Total unearned premiums as computed above 807218 8117 18 19 26 27 28 29 30 27 ComptrollerGenerals Report 77 Salaries rents expenses bills accounts fees etc due or accrued 1200 00 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 32000 00 Contingent commissions or other charges due or accrued 1000 00 Total amount of all liabilities except capital 933911 09 Capita actually paid up in cash 500000 00 Surplus over all liabilities 1317588 10 Surplus as regards policyholders 1817588 10 Total liabilities 2751499 19 Business in the State of Georgia During 1914 Gross risks written 2117842 00 Less 51712200 risks cancelled and 84058700 reinsur ance in companies authorized in Georgia 1357709 00 Net risks written 28 Gross premiums on risks written Less 36845700 return premiums and 488809 premiums for reinsurance in companies authorized in Georgia 760133 00 22279 54 8572 66 29 30 Net premiums received Losses paid deducting salvage Net losses paid Losses incurred Net losses incurred 13706 88 8071 14 6408 82 7942 52 5300 20 CONCORDIA FIRE INSURANCE COMPANY OF MILWAUKEE WIS Gustav TVallaeyer Jr President Frank Damkoehler Secretary Langdon C Quinn Attorney for Service TCapital Stock 1 Amount of capital paid up in cash 600000 0078 ComptrollerGenerals Report 2 Amount of ledger assets as per balance Dec 31 of previous years i 4 Extended at 2339036 10 2339036 10 IIIncome 5 Gross premiums per item 2 VI page 6 1857464 20 6 Deduct reinsurance premiums fire 403 81281 return premiums fire 303 74648 707559 29 7 Total premiums other than perpetual 1140904 97 9 Gross interest on mortgage loans per Schedule B less 26765 accrued inter est on mortgages acquired during 1914 4S036 76 11 Gross interest on bonds and dividends on stocks less 174041 accrued interest on bonds acquired during 1914 per Sched ule D 41211 20 12 Gross interest on deposits in trust com panies and banks per Schedule N 525 34 13 Gross interest from all other sources Mil waukee Board of Fire Underwriters Milwaukee Wis 8 00 Underwriters Salvage Co Chicago 111 24 00 17 Total gross interest and rents 92849 30 18 From other sources Loan at Second Ward Savings Bank Milwaukee Wis 40000 00 24 Increase in liabilities during the year on account of re insurance treaties 19761 54 21 From agents balances previously charged off 23S5 96 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 625 00 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 11096 00 28 Total income 1316625 77 IIIDisbursements Gross amount paid policyholders for losses including 11475667 occurring in pre vious years 856983 65 Deduct amount received for salvage fire 1473221 reinsurance fire 214 51421 discount fire 75086 9 JO 11 12 13 14 15 16 20 21 22 23 24 25 26 27 28 29 30 31 32 32a 32b 34 38 40 41 ComptrollerGenerals Report 79 Net amount paid policjholders for losses 626986 3i Expenses of adjustment and settlement of losses 14377 83 Commissions or brokerage 295570 88 Allowances to local agencies for miscellaneous agency ex penses 699 29 Salaries 2873750 and expenses 2037671 of special and general agents 49114 1 Salaries fees and all other charges of officers directors trustees and home office employees 49260 06 Eents 512966 Advertising 108712 printing and stationery 1107004 12157 16 Postage telegrams telephone and express 8589 90 Legal expenses c1 Furniture and fixtures 7a9 20 Maps including corrections 4860 94 Underwriters Boards and Tariff Associations 16601 13 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 14378 52 State taxes on premiums 28000 02 Insurance department licenses and fees 9llo 30 All other licenses fees and taxes Federal corporation tax 5809 municipal licenses 148260 local taxes 327S9 United States revenue tax 16898 2037 56 Other disbursements Rent of deposit vault Second Ward Savings Bank 75 00 Premium on bond of cashier Repairs of office and office sundries 439 11 Registers fees and recording mortgages 27 oO r i 635 38 Donations Merchants and Manufacturers Association 95 00 Meals for clerks working overtime 486 65 Entertaining agents and special agents 526 85 Traveling and mileage of officers 349 39 Loan at bank Second Ward Savings Bank Milwaukee Wis 4000000 Interest paid bank on above loan 172 22 Paid stockholders for interest or dividends amount de clared during the year 6000000 60000 00 O 1 C3 A Agents balances charged off y10i Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 4605 49 Total disbursements 1260601 64 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 936250 0080 ComptrollerGenerals Report 4 Book value of bonds 1014421 30 5 Cash in companys office 12790 68 6 Deposits in trust companies and banks not on interest per Schedule N 60522 22 7 Deposits in trust companies and banks on interest per Schedule N 56638 76 8 Agents balances representing business written subsequent to Oct 1 1914 310485 90 9 Agents balances representing business written prior to Oct 1 1914 3951 37 16 Total ledger assets as per balance Item 42 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 8114 18 18 Interest accrued on bonds per Schedule D Part 1 16604 06 20 Interest accrued on other assets On 25 00000 deposited in Second Ward Sav ings Bank Milwaukee Wis 138 04 395060 23 24 30 Total 24856 28 Gross assets 2419916 51 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 3951 37 41 Total admitted assets 2415965 14 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1456112 reserve for lfisses incurred prior to Dec 31 of which no notice had been receiv ed on that dsrte 3 Gross claims for losses resisted 65830 62 119356 00 21150 Hi 4 Total 206336 62 6 Net amount of unpaid losses and claims 120060 45ComptrollerGenerals Report 81 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 224898469 unearned prem iums per recapitulation page 6 col 6 1167271 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 20 Funds held under reinsurance treaties 23 All other liabilities viz Reserve for contingencies 1167271 99 30000 00 46992 84 50347 80 10000 00 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 600000 00 28 Surplus over all liabilities 391292 06 29 Surplus as regards policyliolders 30 Total liabilities Business in the State of Georgia During 1914 27 Gross risks written Less 42268100 risks cancelled and 7777500 reinsur ance in companies authorized in Georgia 1424673 08 991292 06 2415965 14 2772410 00 500450 00 Net risks written 28 Gross premiums on risks written Less 559615 return premiums and 158049 premiums for reinsurance in companies authorized in Georgia 2271954 00 44722 09 7176 64 Net premiums received 29 Losses paid deducting salvage Net losses paid 30 Losses incurred Net losses incurred 37545 45 10615 26 10615 26 21409 77 21409 7782 ComptrollerGenerals Report CONNECTICUT FIEE INSURANCE COMPANY OF HAETFOED CONN Edward Milligan President John A Cosmus Secretary Coke Davis Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1000000 CO 2 Amount of ledger assets as per balance Dec 31 of previous years 7173384 67 4 Extended at 7173384 67 IIIncome 5 Gross premiums per Item 2 VI page 6 4988952 14 6 Deduct reinsurance premiums fire 738 81511 return premiums fire 712 71923 1451534 34 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 10 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks less 143886 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources 16 Gross rents from companys property 43622 7 1425 00 3537417 Si 1 71739 81 4772 64 1839 80 121 50 17 Total gross interest and rents 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 223521 62 138 69 87 50 28 Total income 3761165 61 IIIDisbursements 1 Gross amount paid policyholders for losses including 23418309 occurring in pre vious years 2508636 73ComptrollerGeneral s Report 83 Deduct amount received for salvage fire 1694650 reinsurance fire 442 74220 discount fire 41904 460107 71 9 10 11 12 13 14 15 10 17 18 19 20 21 99 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 9955018 and expenses 6675638 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents Advertising 888856 printing and stationery 65 86736 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters Boards and Tariff Associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys Bepairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 1136 36 Mmicipal licenses and fees 7571 30 State corporation tax on capital stock 35832 80 34 Paid stockholders for interest or dividends amount de clared during the year 16000000 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule T 40 Gross decrease by adjustment in book value of ledger assets viz Beal estate per Schedule A 2048529 02 33303 57 755497 73 16177 15 166306 56 218404 25 31784 68 74755 92 18765 41 7562 58 21895 76 6124 84 19599 40 22S30 83 42377 36 86 38 118 53 70567 33 20810 61 44540 46 160000 00 2469 03 9987 48 1400 00 41 Total disbursements 3793954 88 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate per Schedule B first liens 1850 00 327600 0084 ComptbolleeGenebals Eepoet 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 30000 00 4 Book value of bonds 500221981 and stocks 29940566 per Schedule D 5321625 47 5 Cash in companys office 229 55 6 Deposits in trust companies and banks not on interest per Schedule X 33216 81 7 Deposits in trust companies and banks on interest per Schedule N 323647 78 8 Agents balances representing business written subsequent to October 1 1914 370020 98 9 Agents balances representing business written prior to Oct 1 1914 18190 13 11 Bills receivable taken for fire risks 114214 68 16 Total ledger assets as per balance Item 42 7140595 40 NonLedger Assets 17 Interest due 137500 and accrued 10 75717 on mortgages per Schedule B 12132 17 18 Interest accrued on bonds per Schedule D part 1 70517 71 19 Interest accrued on collateral loans per Schedule C part 1 403 75 24 Total 3053 63 30 Gross assets 722364 03 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 18190 13 35 Bills receivable past due taken for ma rine inland and fire risks 30510 20 38 Book value of ledger assets over market value viz Bonds and stocks 382268 47 39 Market value of special deposit in excess of corresponding liabilities per special deposit schedule 23550 56 454519 36 41 Total admitted assets 6769129 67ComptrollerGenerals Report VLiabilities 85 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 2775884 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 91417 17 338492 52 58647 11 4 Totai 488556 80 5 Deduct reinsurance due or accrued 118783 61 6 Set amount of unpaid losses and claims 369773 19 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 793799094 unearned prem iums per recapitulation page 6 col 6 4031982 85 10 Total unearned premiums as computed above 4031982 85 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 100000 00 19 Contingent commissions or other charges due or accrued 750 00 26 Total amount of all liabilities except capital 4510006 04 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 1259123 63 29 Surplus as regards policyholders 2259123 63 30 Total liabilities VIBisks and Premiums 6769129 67 Fire Risks Premiums Thereon 1 In force on the 31 day of December as per line 6 under this heading in last years statement 860132214 9047070 86 2 Written or renewed during the year per Income No 5 467951691 4988952 14 3 Excess of original premiums over amount received for reinsurance 979 10 4 Total 1328083 905 14037002 10ComptrollerGenerals Report Deduct those expired and marked off as terminated 443553648 4953469 91 In force at the end of the year 884530257 9083532 19 Deduct amount reinsured schedule re quired 103183266 1145341 25 Net amount in force 781346991 7937990 94 Business in the State of Georgia During 1914 Gross risks written 2641856 00 Less 66705100 risks cancelled and 50139200 rein surance in companies authorized in Georgia 1168443 00 28 Net risks written 1473413 00 Gross premiums on risks written 40460 71 Less 691341 return premiums and 368886 premiums for reinsurance in companies authorized in Georgia 10602 27 Net premiums received 29 Losses paid deducting salvage 30 Losses incurred 29858 44 21000 51 26293 96 CONTINENTAL INSURANCE COMPANY OF NEW YORK CITY Henry Evans President J L Lopez Secretary T L Riley Co Attorneys 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 27502974 04 4 Extended at 27502974 04 IIIncome Fire Marine and Inland 5 Gross premiums per item 2 VI page 6 10947706 98 279550 61ComptrollerGenerals Eeport 87 6 Deduct reinsurance prem iums fire 135097064 marine and inland 79 98314 return premiums fire 1377584 99 marine and inland 7134342 2728555 63 151326 56 7 Total net premiums written other than perpetual 8219151 35 128224 05 8347375 40 Gross interest on mortgage loans per Sched ule B 135 00 Gross interest on collateral loans per Sched ule C 1020 83 Gross interest on bonds and dividends on stocks less 4546224 accrued interest on bonds acquired during 1914 per Sched ule I 1051368 01 Gross interest on deposits in trust compan ies and banks per Schedule N 69793 72 Gross interest from all other sources give items and amounts see schedule here with 1091 80 Gross rents from companys property in cluding 4400 00 for companys occupan cy of its own buildings 72717 43 Total gross interest and rents 1196126 79 From other sources Federal Income Tax withheld at source 1366 54 Refund of assessment of 5 made by the Lake Shore Stockholders Protective Committee I 15730 00 17096 54 24 Increase in liabilities during the year on ac count of reinsurance treaties 4807 73 25 From agents balances previously charged off 218 31 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 31897 00 Stocks per Schedule D 200049 00 231946 00 27 Gross increase by adjustment in book value of ledger assets viz 9 10 11 12 13 16 17 18 19 2088 ComptrollerGenerals Beport Bonds per Schedule D 36638 00 Stocks per Schedule D 57122 00 93760 00 28 Total income 9891330 77 IIIDisbursements Fire Marine and Inland 1 Gross amount paid policyhold ers for losses including 510555 06 occurring in previous years 5255249 02 85671 21 2 Deduct amount received for salvage fire 28532 70 marine and inland 1 86536 reinsurance fire 85273906 marine and inland 3200546 881271 76 3387082 10 11 12 13 14 15 16 17 18 19 20 21 22 Net amount paid policy holders for losses 4373977 26 51800 39 Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency expenses Salaries 147223 67 and expenses 121087 77 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 4400 00 for companys occupancy of its own buildings Advertising 3414667 printing and stationery 490S615 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 16189 06 4425777 65 130104 14 1682250 34 1256 26 268311 44 457017 09 73343 32 83232 82 64230 31 728 48 13116 35 23621 07 89481 63 27791 15 17366 00 31164 12 21527 33 169830 82 30952 01ComptrollerGenerals Report 89 Federal emergency revenue tax Municipal taxes 3023 68 23104 65 23 Other disbursements 24 Mercantile agencies 25 Miscellaneous 26 Exchange 27 Subscription to papers 7725 20 2011 69 9097 64 2892 50 28 Investment expenses other than real estate 31 Federal Income Tax withheld at source 32 Bills receivable past due charged off 34 Paid stockholders for interest or dividends amount de clared during the year 100000000 35 Scrip or certificates of profits redeemed in cash 36 Interest paid to scripholders 37 Decrease in liabilities during the year on account of rein surance treaties 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger as sets viz Bonds per Schedule D 2127 00 Stocks per Schedule D 45314 00 42317 39 21727 03 13818 75 371 85 9075 24 1000000 00 43 00 1 38 11977 94 1769 93 47441 00 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 214650 00 Stocks per Schedule D 916732 00 1131382 00 41 Total disbursements 9892027 84 IVLedger Assets 1 Book value of real estate per Schedule A 1175000 00 2 Mortgage loans on real estate per Schedule B first liens 2700 00 4 Book value of bonds 924094200 and stocks 1245823800 per Schedule D 21699180 00 5 Cash in companys office 2143 51 6 Deposits in trust companies and banks not on interest per Schedule N 216 22 7 Deposits in trust companies and banks on interest per Schedule N 3214907 6890 ComptrollerGenerals Report 8 Agents balances representing business writ ten subsequent to October 1 1914 1169432 05 9 Agents balances representing business writ ten prior to October 1 1914 10612 55 11 Bills receivable taken for fire risks 228084 96 16 Total ledger assets 27502276 97 NonLedger Assets 18 Interest due 3751850 and accrued 75 98354 on bonds per Schedule D part 1 113502 04 20 Interest accrued 23916 on bank balances 239 16 23 Eents due 1700 82 24 Total 11544202 26 Market value not including interest in Item 18 of bonds and stocks over book value per Schedule D 79498 25 30 Gross assets 27697217 24 Deduct Assets Not Admitted 34 Agents balances representing business writ ten prior to October 1 1914 10612 55 35 Bills receivable past due taken for marine inland and fire risks 81987 25 38 Market value of special deposits in excess of corresponding liabilities per Special De posit Schedule page 10 16425 21 109025 01 42 Total admitted assets 87588192 23 VLiabilities 2 Gross claims for losses in process of adjust ment or in suspense plus 10073000 re serve for losses incurred prior to Decem ber 31 of which no notice had been re ceived on that date 847949 99 3 Gross claims for losses resisted 37355 00 4 Total 885304 99 5 Deduct reinsurance due or accrued give list of companies and amounts as per Schedule E 160909 92ComptrollerGenerals Report 91 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks 1834383540 unearned premiums per recapitulation page 6 column 6 9471087 04 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 13909392 unearned premiums fifty per cent 724395 07 69546 96 10 Total unearned premiums as computed above 9540634 00 14 Principal unpaid on scrip or certificate of profits author ized or ordered to be redeemed 15 Interest due or accrued on scrip 16 Dividends declared and unpaid to stockholders 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 reserve 217130 interest 28702 22 All other liabilities viz Rent paid in advance 23 Federal Income Tax withheld at source 24 Reserve for contingencies 26541 00 6061 74 500000 00 27500 00 166000 00 67959 88 2458 32 124 17 1048 03 100000 00 25 Total amount of all liabilities except capital 11162722 21 26 Capital actually paid up in cash 2000000 00 27 Surplus over all liabilities 14425470 02 28 Surplus as regards polieyholders 16425470 02 29 Total liabilities 27588192 23 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 19221191586 19398535 22 2 Written or renewed during the year per income No 5 1120424542 10947706 98 4 Total 3042616128 30346242 20 5 Deduct those expired and marked off as terminated 1000387428 10005987 7892 ComptrollerGenerals Report 6 In foree at the end of the year 2042228700 20340254 42 7 Deduct amount reinsured schedule re quired 211314144 1096419 02 8 Net amount in force 1830914556 18343835 40 Business in the State of Georgia During 1914 27 Gross risks written 17739452 00 Less 4170274 risks cancelled and 1030124 reins in companies authorized in Georgia 5200398 00 Net risks written 12539054 00 28 Gross premiums on risks written 224873 90 Less 3086159 return premiums and 878288 premiums for reinsurance in companies authorized in Georgia 39644 47 Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 1S5229 43 108881 65 371 15 Net losses paid 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 108510 50 198612 25 364 92 Net losses incurred 19824 33 COUNTY FIRE INSURANCE COMPANY OF PHILADELPHIA PA Chas B Peck President E A Law Secretary W M King 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 1132089 70 4 Extended at 1132089 70CompteolleeGeneeals Kepobt 93 IIIncome 5 Gross premiums per Item 2 VI page 6 649061 80 6 Deduct reinsurance premiums fire 430 64894 return premiums fire 131 34683 561995 77 7 Total net premiums other than perpetual 8 Deposit premiums written on perpetual risks gross 9 Gross interest on mortgage loans per Schedule B 10 Gross interest on collateral loans per Schedule 0 11 Gross interest on bonds and dividends on stocks 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources De posits on taxes H P Shaw note 745 Phila Fire Undrs Assn deposits 315 16 Gross rents from companys property in cluding 250000 for companys occu pancy of its own buildings 17 Total gross interest and rents 18 From all other sources Discounts per petual premiums Perpetual deposits earned by loss Excess of commission reed over com pd Temporary loan 05 13 165 00 31011 64 1097 36 17 56 3901 00 499 76 59 33 27196 31 15000 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 37066 03 2185 25 43697 69 42755 40 288 21 28 Total income 175992 58 IIIDisbursements 1 Gross amount paid policyholders for losses including 3391065 occurring in pre vious years 317446 46 2 Deduct amount received for salvage fire 297907 reinsurance fire 16561263 discount fire 10431 168696 01 3 Net amount paid policyholders for losses 148750 4594 ComptrollerGenerals Report 9 10 11 13 14 15 16 17 18 19 20 21 22 23 33 34 35 38 39 41 Expenses of adjustment and settlement of losses Allowances to agencies for miscellaneous agency ex penses Salaries 651796 and expenses 385407 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 250000 for companys occupancy of its own buildings Advertising 39050 printing and stationery 429911 Postage telegrams telephone and express Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys 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 Addl corp tax on re turns 1909 to 1912 inc Other disbursements Miscellaneous expenses Temporary notes payable Deposit premiums returned Paid stockholders for interest or dividends amount de clared during the year 21600000 Interest paid to banks Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Total disbursements 3567 70 2010 65 10372 03 22715 52 2500 00 4689 61 3445 40 68 29 3430 57 7142 21 1063 06 1034 85 597 22 803 00 12346 64 4011 35 108 80 3080 38 15000 00 5695 82 216000 00 292 31 126 85 12949 25 481801 96 IVLedger Assets 1 Book value of real estate 55057 18 2 Mortgage loans on real estate and ground rents per Schedule B first liens 72785 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 2800 00 4 Book value of bonds 30766459 and stocks 20150142 per Schedule D 509160 ol 5 Cash in companys office 510 9 7 Deposits in trust companies and banks on interest per Schedule N 78387 26ComptrollebGenebal s Report 95 L2 16 17 IS 19 23 24 25 Agents balances representing business written subsequent to Oct 1 1914 96244 77 Agents balance representing business written prior to Oct 1 1914 9419 40 Other ledger assets viz Perp deposits other cos 1903 75 Total ledger assets as per balance Item 42 NonLedger Assets Interest due 3000 and accrued 106114 on mortgages per Sehed B and ground rents Interest due 14000 and accrued 3 52328 on bonds per Schedule D part 1 Interest accrued on collateral loans per Schedule C part 1 Rents accrued 5000 on companys prop erty or lease 826280 32 1091 14 3663 28 35 25 50 00 Total Market value of real estate over book value per Sched ule A Market value not including interest in Item 18 of bonds and stocks over book value per Schedule D Other nonledger assets viz Phila Fire TJndrs Assn deposit 30 34 42 Agents balances representing business written prior to Oct 1 1914 9419 40 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 139500 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 11656 25 41408 02 4839 67 16107 82 12242 99 100 00 Gross assets 859570 80 Deduct Assets Not Admitted 9419 40 Total admitted assets 850151 4096 3 Gross claims for losses resisted 4 ComptrollerGenerals Eeport 200 00 Total 53264 27 Deduct reinsurance due or accrued as per Schedule E 29295 90 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 27986591 unearned prem iums per recapitulation page 6 col 6 177925 06 LO 11 17 18 22 Total unearned premiums as computed above Amount reelaimable by the insured on perpetual fire in surance policies being 90 and 95 per cent of the prem ium or deposit received Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement All other liabilities viz 10 per cent perpetual deposits other companies 25 26 27 28 29 Total amount of all liabilities except capital Capital actually paid up in cash 400000 00 Surplus over all liabilities 61452 30 Surplus as regards policyholders Total liabilities 23968 37 177925 06 179615 29 100 00 600 00 190 38 388699 10 416452 30 850151 40 EQUITABLE FIRE AND MARINE INSURANCE COMPANY OF PROVIDENCE R I Fred W Arnold President Samuel G Howe Secretary T J McKay Attorney for Service 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 938089 40 4 Extended at 938089 40ComptrollerGenerals Eeport 97 IIIncome 5 Gross premiums per Item 2 VI page 6 1661688 37 6 Deduct reinsurance premiums fire 1027 60592 return premiums fire 298 21095 marine and inland 70i37 1325887 24 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 2375 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Philadelphia Underwriters Association deposit 16 Gross rents from companys property in cluding 250000 for companys occu pancy of its own buildings 5959 69 31601 83 232 47 12 60 5335 65 335801 13 17 Total gross interest and rents 18 From other sources Borrowed money Conscience money Sale of maps and furniture Inspection and surveys refund 25 From agents balances previously charged off 28 Total income IIIDisbursements 754730 37 1 Gross amount paid policyholders for losses including 3704398 occurring in pre vious years 2 Deduct amount received for salvage fire 157833 marine and inland 51326 reinsurance fire 56327578 discount fire 1000 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 9 Rnts including 250000 for company s occupancy of its own buildings 43142 24 27000 00 25 00 834 00 250 00 3 08 407055 45 189353 00 3202 98 113791 54 14493 31 2500 0098 ComptrolleeGenerals Report 10 11 12 16 17 18 19 20 21 22 21 34 37 38 10 41 Advertising 6016 printing and stationery 31909 Postage telegrams telephone and express Legal expenses Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys Repairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Municipal taxes Other disbursements Borrowed money Interest on borrowed money Exchange Subscriptions to magazine and papers Lighting laundry water and ice Sundry expenses Paid stockholders for interest or dividends amount de clared during the year 2400000 Decrease in liabilities during the year on account of re insurance treaties Agents balances charged off Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D Stocks per Schedule D Total disbursements 379 25 315 12 217 51 2 35 8 00 2312 53 1967 13 3521 97 157 49 843 00 82 50 27000 00 826 43 6 52 38 03 111 76 89 38 24000 00 37678 04 704 55 62 50 615 00 424280 49 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate per Schedule B first liens 4 Book value of bonds 49608333 and stocks 20080000 per Schedule D 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 12 Other ledger assets viz Insurance Asso ciation of Provi deposit Cincinnati Underwriters Association 101180 10 112800 00 696883 33 5710 34 2379 28 1436 41 100 00 125 00 ComptrollerGenerals Report 99 Milwaukee Board of Underwriters Philadelphia Underwriters Association 50 00 200 00 16 Total ledger assets as per balance Item 42 920864 36 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 23 Rents accrued on companys property or lease 150 86 1271 11 605 00 24 Total 26 Market value not including interest in Item 18 bonds and stocks over book value per Schedule B 30 Gross assets Beduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 39 Market value of special deposits in excess of corresponding liabilities Beposits with Underwriters Associations as above 1436 41 61177 85 475 00 41 Total admitted assets VLiabilities 26792 60 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 134942 reserve for losses incurred prior to Bee 31 of which no notice had been receiv ed on that date 104008 82 3 Gross claims for losses resisted 7432 76 4 Total 138234 18 5 Beduct reinsurance due or accrued 101669 57 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired 9026 97 21774 34 951665 67 1576 41 36564 6110 10 17 18 23 26 27 28 29 30 1 2 4 5 6 7 8 0 ComptrollerGeneral fire risks 48426502 unearned premiums per recapitulation page 6 col 6 Total unearned premiums as compute Salaries rents expenses bills accounts fe s Report 243464 63 243464 250 3500 423 63 00 00 35 es etc due or Estimated amount hereafter payable for and other taxes based upon the business Federal State of the year of All other liabilities viz Interest on mortgages collected Total amount of all liabilities except Capital actually paid up in cash Surplus over all liabilities capital 400000 00 204373 82 284202 004373 59 82 Surplus as regards policvholders 8S8576 1708880 166160S j 70 37 VIRisks and Prem In force 31st day of Dec as per line No 6 under this heading in last ums 163573416 156205156 Written or renewed during the year per Total 319778572 117441534 3370549 1348187 07 26 Deduct those expired and marked off as In force at the end of the year Deduct amount reinsured schedule re 202337038 155140676 2n22361 1538096 81 79 Net amount in force 47196362 484265 02 EQUITABLE INSTJBANCE COMPANY OF CHABLESTON S C David Huguenin President Wm G Mazyck Secretary F H Reynolds Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00ComptrollerGeneral s Eeport 101 2 Amount of ledger assets as per balance Dec 31 of previous yearsI 400192 24 Extended at 400192 24 IIIncome Gross premiums per Item 2 VI page 6 194545 97 Deduct reinsurance premiums fire 44 41221 return premiums fire 4156653 85978 74 7 9 10 11 12 13 16 17 IS Total premiums other than perpetual Gross interest on mortgage loans per Schedule B Gross interest on collateral loans per Schedule C Gross interest on bonds and dividends on stocks Gross interest on deposits in trust com panies and banks per Schedule N Gross interest from all other sources Sea shore Imp Co 2126 Chas Board Fire Und 100 Wulbern Fertilizer Co 1860 Bank of Charleston N B A 49900 S M Gibson 120 Gross rents from companys property in cluding 72000 for companys occu pancy of its own buildings 1796 81 4060 34 10758 33 359 90 541 06 1515 00 Total gross interest and rents From other sources Increase in cash surrender value of policy 87500900 Equitable Life Assurance Society 108567 23 19031 44 120 00 28 Total income 127718 67 IIIDisbursements Gross amount paid policyholders for losses including 877389 occurring in pre vious years 97081 54 Deduct amount received for salvage fire 203854 reinsurance fire 2890132 30939 86 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 06141 68 1820 18 14899 95 934 83102 ComptrollerGenerals Report 7 Salaries 138750 and expenses 350922 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 72000 for companys occupancy of its own buildings 10 Advertising 5860 printing and stationery 86093 11 Postage telegrams telephone and express 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 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 147 49 Municipal taxes and licenses 4071 08 23 Other disbursements Commercial agency Exchange Light water and fuel Petty cash items Insurance 34 Paid stockholders for interest or dividends amount de clared during the year 1400000 39 Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 41 Total disbursements IVLedger Assets 1 Book value of real estate 15582 95 2 Mortgage loans on real estate per Schedule B first liens 40370 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 62440 00 4 Book value of bonds 22802997 and stocks 1100000 per Schedule D 239029 97 5 Cash in company s office 5 400 82 6 Deposits in trust companies and banks not on interest per Schedule N 5656 42 7 Deposits in trust companies and banks on interest per Schedule N 6 714 47 48 12688 76 720 00 919 53 678 60 8 00 84 70 2 00 39 22 75 35 584 S3 1328 18 1267 93 4218 57 180 00 225 90 258 35 127 40 248 95 14000 00 999 50 126642 13 ComptrollerGenebals Eepoet 103 8 Agents balances representing business written subsequent to October 1 1914 22444 37 9 Agents balances representing business written prior to Oct 1 1914 1349 42 11 Bills receivable taken for fire risks 425 36 12 Other ledger assets viz Cash surrender value policy 87500900 Equitable Life Assurance Society L855 00 16 Total ledger assets as per balance Item 42 401268 8 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 497 47 18 Interest accrued on bonds per Schedule D Part 1 80416 19 Interest accrued on collateral loans per Schedule C Part 1 157 33 90 Interest on other assets Savings Bank de posits 945 Note Seashore Improvement Co 202 stocks owned 35000 352 02 3 Rents accrued on companys property or lease 31 25 24 Total 95168 25 Market value of real estate over book value per Sched 4417 05 ule A t 407637 51 30 Gross assets T Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 1349 42 38 Book value of ledger assets over market value viz Stocks and bonds 3264 97 4614 39 41 Total admitted assets 403023 12 VLiabilities 2 Gross premiums for losses in process of ad justment or in suspense 13515 63 4 Total 13515 63104 ComptrollerGenerals Report Deduct reinsurance due or accrued 5038 44 10 17 18 19 26 27 28 29 30 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fie risks 106283 97 8477 19 Total amount premiums as computed above Salaries rents expenses bills accounts fees etc duo 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 accured Total amount of all liabilities except capital 120183 07 Capital actually paid up in cash 200000 00 Surplus over all liabilities 82840 05 106283 97 86 57 2000 00 3335 34 Surplus as regards policyholders Total liabilities 282840 05 403023 12 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31 day of Dec as per 6 under this heading in last years statement 15241896 64 283890 52 Written or renewed during the year per Income Xo 5 9428308 28 194545 97 6 Total 24670204 92 478436 49 Deduct those expired and marked off as terminated 10109358 99 201676 89 In force at the end of the year 14560845 93 276759 60 Deduct amount reinsured schedule re quired 3522175 32 63298 14 8 Net amount in force 11038670 61 213461 46 Business in the State of Georgia During 1914 27 Gross risks written 535 213 83 Less 39429698 risks cancelled and 23833434 reinsur ance in companies authorized in Georgia 632 631 32 Net risks written 1002582 51 ComptrollerGenerals Report 28 Gross premiums on risks written Less 536005 return premiums and 380695 prem iums for reinsurance in companies authorized in Ga 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 17896 58 105 29669 47 9167 00 20502 47 17639 71 891 97 16747 74 18788 55 891 97 FIDELITYPHOENIX FIRE INSURANCE COMPANY OF NEW YORK CITY Henry Evans President J A Swinnerton Secretary A L Waldo Attorney for Service ICapital Stock 1 Amount of capital stock paid up in cash2500000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 14934360 83 4 Extended at 14934360 83 IIIncome 5 Gross premiums per Item 2 VI page 6 9277710 93 6 Deduct reinsurance premiums fire 1339 83302 marine and inland 5283278 return premiums fire 126858075 marine and inland 6302164 2724268 19 7 Total net premiums other than perpetual 65534ii 4 9 Gross interest on mortgage loans per Schedule B 1175 00 11 Gross interest on bonds and dividends on stocks less 2956983 accrued interest106 ComptrollerGenerals Report on bonds acquired during 1914 per Schedule D 563887 38 12 Gross interest on deposits in trust com panies and banks per Schedule N 39023 55 13 Gross interest from all other sources 1758 53 16 Gross rents from companys property in cluding 550000 for companys occu pancy of its own buildings 29645 48 17 Total gross interest and rents 635489 94 18 From all other sources Federal income tax withheld at source 319 06 24 Increase in liabilities during the year on account of re insurance treaties 2516 96 25 From agents balances previously charged off 147 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 29828 00 Stocks per Schedule D 45514 00 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 14112 00 Stocks per Schedule D 79120 00 28 Total income 7360489 70 IIIDisbursements 1 Gross amount paid policy holders for losses including 390i25834 occurring in pre vious years 4138193 65 2 Deduct amount received for salvage fire 2878811 marine and inland 169457 reinsurance fire 77477280i marine and inland 1932737 824582 So 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency expenses 7 Salaries 14159820 and expenses 11258661 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 550000 for company s occupancy of its own buildings 10 Advertising 2653459 printing and stationery 4505218 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 3313610 80 112785 77 1318116 00 1376 28 2541S4 81 431036 49 65270 35 71586 77 47831 57 5750 60 5872 16ComptrollerGeneral s Report 107 14 Maps including corrections 24899 61 15 Underwriters boards and tariff associations 78860 58 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 28944 11 7 Inspections and surveys 13426 73 18 Repairs and expenses other than taxes on real estate 4068 43 19 Taxes on real estate 3175 72 20 State taxes on premiums 129331 72 21 Insurance department licenses and fees 33764 97 22 All other licenses fees and taxes Federal corporation tax 5627 50 Municipal taxes 15963 11 Federal emergency revenue tax 2339 78 23 Other disbursements Mercantile agencies 7050 06 Miscellaneous 1979 43 Exchange 9594 23 Subscription to papers 1377 93 Investment expenses other than real estate 1256 81 31 Federal income tax withheld at source 197 06 Bills receivable past due charged off 3794 66 34 Paid stockholders for interest or dividends amount de clared during the year 25000000 250000 00 37 Decrease in liabilities during the year on account of re insurance treaties 5516 83 38 Agents balances charged off 943 89 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 2084 00 Stocks per Schedule D 25755 00 40 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 3549 89 Bonds per Schedule D 145972 00 Stocks per Schedule D 468571 00 41 Total disbursements 6895466 65 IVLedger Assets 1 Book value of real estate 572500 00 2 Mortgage loans on real estate per Sched ule B first liens 23500 00 4 Book value of bonds 389433100 and stocks 798699500 per Schedule D 11881326 00 5 Cash in companys office 838 75 7 Deposits in trust companies and banks on interest per Schedule N 1519630 29 8 Agents balances representing business written subsequent to Oct 1 1914 954103 21108 ComptrollerGenerals Keport 11 16 17 18 20 23 24 26 30 34 35 38 42 Agents balances representing business written prior to Oct 1 1914 9131 72 Bills receivable taken for fire risks 438353 91 Total ledger assets as per balance Item 42 15399383 88 NonLedger Assets Interest accrued on mortgages per Sched ule B 350 01 Interest due 1570i873 and accrued 40 351 68 on bonds per Schedule D part 1 56060 41 Interest accrued on other assets Bank deposits 204 36 Bents due 2400 and accrued 33390 on companys property or lease 357 90 Total Market value not including interest in item 18 of bond and stocks over book value per Schedule D 56972 68 39318 25 Gross assets 15495674 81 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914 9131 72 Bills receivable past due taken for ma rine inland and fire risks 91128 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 116421 01 Total admitted assets 15278993 56 VLiabilities Gross claims for losses in process of ad justment or in suspense plus 6656500 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date Gross claims for losses resisted 722272 97 73040 00 4 Total 5 Deduct reinsurance due or accrued as per Schedule E 795312 97 166958 91 Net amount of unpaid losses and claims 628354 06ComptrollerGenerals Keport 109 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1413271793 unearned premiums per recapitulation page 6 column 6 7486835 72 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 13255953 unearned premiums fifty per cent 66279 77 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to stockholders 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 reserve 97910 interest 12094 22 All other liabilities viz Federal income tax withheld at source Reserve for contested liabilities not losses 7553115 49 125000 00 25000 00 142000 00 24909 13 1100 04 122 00 250000 00 25 Total amount of all liabilities except capital 8749600 72 26 Capital actually paid up in cash 2500000 00 27 Surplus over all liabilities 4029392 84 28 Surplus as regards policyholders 6529392 84 29 Total liabilities 15278993 56 VIBisks 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 1418805096 15203393 26 2 Written or renewed during the year per income No 5 875031880 9277710 93 4 Total 2293836976 24481104 19 5 Deduct those expired and marked off as terminated 754149281 8236281 96 6 In force at the end of the year 1539687695 16244822 23110 CompteollerGteneeals Repoet 7 Deduct amount reinsured schedule re quired 181694675 1979544 77 8 Net amount in force 1357993020 14265277 46 Business in the State of Georgia During 1914 1 Gross risks written 9323267 00 Less 132471300 risks cancelled and 15631900 rein surance in companies authorized in Georgia 1481032 00 Net risks written 7842235 00 2 Gross premiums on risks written 144327 69 Less 1855171 return premiums and 177458 premiums for reinsurance in companies authorized in Georgia 20326 29 Net premiums received 3 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid 124001 40 57800 54 962 50 4 Losses incurred Less losses on risks reinsured in companies authorized in Georgia Net losses incurred i 56838 04 91251 57 1681 27 89570 30 FIRE ASSOCIATION OF PHILADELPHIA PHILADELPHIA PA E C Trvin President M G Garrigues Secretary W E Chapin Atlanta Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 9245592 76 4 Extended at 9245592 76ComptrollerGenerals Report 111 IIIncome 5 Gross premiums per Item 2 VI page 6 6227290 19 6 Deduct reinsurance premiums fire 853 61369 return premiums fire 1066 54475 7 Total premiums other than perpetual 4307131 7o 8 Deposit premiums written on perpetual risks gross 22862 02 9 Gross interest on mortgage loans per Schedule B less 13247 accrued inter est on mortgages acquired during 1914 113297 80 10 Gross interest on collateral loans 7885 50 11 Gross interest on bonds and dividends on stocks less 136770 accrued interest on bonds acquired during 1914 per Sched ule D 246160 86 12 Gross interest on deposits in trust com panies and banks per Schedule N 4705 45 13 Gross interest from all other sources From land contract for sale of real estate 5444 on agents balances 15090 from deposits with Tariff Assn 315 20849 16 Gross rents from companys property in cluding 1500000 for companys occu pancy of its own buildings 35069 24 17 Total gross interest and rents 407327 34 18 From other sources Profit loss mortgage 916 50 Earned deposits 469 3 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 3269 65 28 Total income 4746300 23 IIIDisbursements 1 Gross amount paid policyholders for losses including 32109709 occurring in pre vious years 3138846 59 2 Deduct amount received for salvage fire 4322911 reinsurance fire 511 49686 discount fire 64060 555366 57 3 Net amount paid policyholders for losses 2583480 02 4 Expenses of adjustment and settlement of losses 46456 85112 ComptrollerGenerals Report 5 Commissions or brokerage 833520 70 6 Allowances to local agencies for miscellaneous agency expenses 14567 17 7 Salaries 17459225 and expenses 11800421 of special and general agents 292596 46 8 Salaries fees and all other charges of officers directors trustees and home office employees 195341 90 9 Rents including 1500000 for companys occupancy of its own buildings 28703 48 10 Advertising 548985 printing and stationery 31 24587 36735 72 11 Postage telegrams telephone and express 28026 52 12 Legal expenses 2412 74 13 Furniture and fixtures 5115 50 14 Maps including corrections 12182 79 15 Underwriters boards and tariff associations 55808 54 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 14074 08 17 Inspections and surveys 28207 79 18 Repairs and expenses other than taxes on real estate 9341 43 19 Taxes on real estate 9351 88 20 State taxes on premiums 103704 30 21 Insurance department licenses and fees 23536 95 22 All other licenses fees and taxes Federal corporation tax 4122 16 Municipal license tax 11245 61 1034 22 16401 99 33 Deposit premiums returned 49810 67 34 Paid stockholders for interest or dividends amount de clared during the year 30000000 300000 00 38 Agents balances charged off 257 86 39 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 16820 57 Bonds per Schedule D 179 00i 18610 57 40 Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 7650 00 41 Total disbursements 4715895 91 IVLedger Assets 1 Book value of real estate 738696 12 2 Mortgage loans on real estate per Sched nle B first liens 1937761 66ComptrollerGenerals Report 113 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 145576 00 4 Book value of bonds 489898107 and stocks 30766347 per Schedule D 5206644 54 5 Cash in companys office 25486 63 6 Deposits in trust companies and banks not on interest per Schedule N 64462 56 7 Deposits in trust companies and banks on interest per Schedule N 430563 55 8 Agents balances representing business written subsequent to October 1 1914 720433 86 9 Agents balances representing business written prior to Oct 1 1914 6372 16 16 Total ledger assets as per balance Item 42 9275997 OS NonLedger Assets Interest due 493939 and accrued 29 18700 on mortgages per Schedule B 34126 48 Interest due 162500 and accrued 73 65005 on bonds per Schedule D part 1 75275 50 Interest accrued on collateral loans per Schedule O part 1 704 51 Interest accrued on other assets Bank de posits see Schedule N 1016 37 Rents due 252307 and accrued 12937 on companys property or lease 2652 44 Total 113775 30 Gross assets 9389772 38 Deduct Assets Not Admitted Companys stock owned 10416 00 Agents balances representing business written prior to Oct 1 1914 6372 16 Market value of special deposits in excess of corresponding liabilities 29357 07 Book value of ledger assets over market value viz Real estate 24296 12 Bonds 201833 07 Stocks 1121 22 283295 64 41 Total admitted assets 9106476 74 17 18 19 20 23 24 30 31 88114 ComptrollerGenerals Report VLiabilities 1 Gross losses adjusted and unpaid 2 Gross claims for losses in process of ad justment or in suspense plus 4500000 reserve for losses incurred prior to Dee 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 124437 91 429616 88 71658 22 625713 01 145948 99 6 Net amount of unpaid losses and claims 479764 02 7 Gross premiums lessreinsurance receiv ed and receivable upon all unexpired fire risks 7706918 53 unearned prem iums per recapitulation page 6 col 6 4034121 15 10 Total unearned premiums as computed above 4034121 15 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 1515326 41 17 Salaries rents expenses bills accounts fees etc due or accrued 6012 24 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 18480 83 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 750000 00 28 Surplus over all liabilities 2252772 09 6103704 65 29 Surplus as regards policyholders 3002772 09 30 Total liabilities 9106476 74 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 796557458 8274797 83 2 Written or renewed during the year per Income No 5 559135888 6227290 19 4 Total 1355693346 14502088 02ComptrollerGenerals Report 5 Deduct those expired and marked off as terminated 115 511829677 5972108 95 6 In force at the end of the year 843863669 8529979 07 7 Deduct amount reinsured schedule re quired 74643966 823060 54 8 Net amount in force 769219703 7706918 53 9 Perpetual risks not included above 73247935 deposit premiums on same 165917766 Business in the State of Georgia During 1914 27 Gross risks written 9452819 00 Less 247198300 risks cancelled and 78609800 rein surance in companies authorized in Georgia 3258081 00 Net risks written 6194738 00 148246 75 28 Gross premiums on risks written Less 3267381 return premiums and 1531538 premiums for reinsurance in companies authorized in Georgia 47989 19 Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid 100257 56 73657 54 10504 54 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia Net losses incurred 63153 00 85130 91 13375 85 71755 06 FIREMANS FUND INSURANCE COMPANY OF SAN FRANCISCO CAL Bernard Faymonville President Louis Weinmann Secretary Edgar T Gentry Atlanta Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1500000 00116 ComptrollerGenerals Report 2 Amount of ledger assets as per balance Dec 31 of previous years 10057232 54 4 Extended at 10057232 54 IIIncome 5 Gross premiums per Item 2 VI page 6 11630342 98 6 Deduct reinsurance premiums fire 1 01802675 marine and inland 2414 24294 return premiums fire 1069 26260 marine and inland 50168017 5003212 46 7 Total premiums other than perpetual 6627130 52 9 Gross interest on mortgage loans per Schedule B less 481 accrued interest on mortgages acquired during 1914 83606 48 10 Gross interest on collateral loans per Schedule O 23996 64 11 Gross interest on bonds and dividends on stocks less 18333 accrued interest on bonds acquired during 1914 per Sched ule D 260775 95 12 Gross interest on deposits in trust com panies and banks per Schedule N 9878 91 13 Gross interest from all other sources On fire premium notes taken on farm risks 8861 90 16 Gross rents from companys property in cluding 397500 for companys occu pancy of its own buildings 4552 75 17 Total gross interest and rents 391672 63 25 From agents balances previously charged off 1358 25 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 600 00 28 Total income 7020761 40 IIIDisbursements 1 Gross amount paid polieyholders for losses including 92962727 occurring in pre vious years 5629882 17 2 Deduct amount received for salvage fire 1799557 marine and inland 112 11472 reinsurance fire 53286733 ComptrollerGenerals Report 117 marine and inland count fire 47766 123020177 dis 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 34 38 39 41 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 27357035 and expenses 12186405 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 397500 for companys occupancy of its own buildings Advertising 5226844 printing and stationery 53 95362 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 smveys 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 Franchise tax 20000 municipal licenses 484775 Internal revenue tax stamp Personal property tax Other disbursements Donations Paid stockholders for interest or dividends amount de clared during the year 24000000 Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 3736225 32 75619 37 1210963 32 31807 34 395434 40 263171 07 38799 08 106222 06 43197 71 7824 83 10093 52 11786 10 69640 18 12252 30 13155 16 343 71 5976 99 142915 72 31706 30 3715 21 5047 75 2082 11 84 06 3869 27 240000 00 9243 73 128 15 2003 15 Total disbursements 6473307 61 IVLedger Assets 1 Book value of real estate 574287 56 2 Mortgage loans on real estate per Sched ule B first liens 1236156 28118 ComptrollerGenerals Report 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 442400 00 4 Book value of bonds 483459427 and stocks 68890200 per Schedule D 5523496 27 5 ash in companys office 12596 06 6 Deposits in trust companies and banks not 10400 00 7 Deposits in trust companies and banks on 1504296 53 8 Agents balances representing business written subsequent to October 1 1914 1059841 66 9 Agents balances representing business 50582 55 10 Bills receivable taken for marine and in 11483 16 11 Bills receivable taken for fire risks 179146 26 16 Total ledger assets as per balance Item 42 10604686 3 NonLedger Assets 17 Interest due 122150 and accrued 7 45714 on mortgages per Schedule B 8678 64 18 Interest due 401250 and accrued 81 25739 on bonds per Schedule D part 1 85269 89 19 Interest due 621781 and accrued 99869 on collateral loans per Sched 7216 50 24 Total Deduct Assets Not Admi tted 34 Agents balances representing business 50582 55 35 Bills receivable past due taken for marine 18427 82 37 Overdue and accrued interest on bonds in 8491 60 38 Book value of ledger assets over market value viz Collateral loans Schedule D 64500 00 Real estate Schedule A part 1 3287 56 Bonds and stocks Schedule D 385127 34 ComptrollerGenekals Report VLiabilities 1 Gross losses adjusted and unpaid not yet due 134561 90 2 Gross claims for losses in process of ad justment or in suspense plus 1181 51571 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 1181515 11 3 Gross claims for losses resisted 78424 19 119 4 Total 1394501 80 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 870567158 unearned prem iums per recapitulation page 6 col 6 4519760 03 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired time and auto risks 1 34150225 unearned premiums fifty per cent Auto liability risks 874103 50 per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 4991554 unearned premiums 100 per cent 670751 12 4370 51 49915 54 810578 78 10 Total unearned premiums as computed above 024479 20 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 Earned quarterly dividend to Dec 31 1914 declared Jan 19 1915 2500 00 127500 00 155000 00 60000 00 26 Total amount of all liabilities except capital 6400375 98 27 Capital actually paid up in cash 1500000 00 28 Surplus over all liabilities 2275058 51 29 Surplus as regards policyholders 30 Total liabilities 3775058 51 10175434 49120 ComptrollerGeneral s Eeport VIEisks and Premiums 1 In force on the 31 day of December as per line 6 under this heading in last years statement 9852124 31 2 Written or renewed during the year per Income No 5 6307687 51 4 Total 16159811 82 5 Deduct those expired and marked off as terminated 5956941 41 6 In force at the end of the year io 202 870 41 7 Deduct amount reinsured schedule required 1 497 198 83 8 Net amount in force 8705671 58 Business in the State of Georgia During 1914 27 Gross risks written 8849862 00 Less 203528600 risks cancelled and 135686400 rein surance in companies authorized in Georgia 3392150 00 Net risks written 5457712 0O 28 Gross premiums on risks written 137 356 qq Less 2691810 return premiums and 1987587 premiums for reinsurance in companies authorized in Georgia 46793 97 Net premiums received 90 562 09 29 Losses paid deducting salvage 65 835 57 Less losses on risks reinsured in companies authorized in Georgia 8074 96 Net losses paid 57760 61 30 Losses incurred 85 299 77 Less losses on risks reinsured in companies authorized in Georgia 14085 40 Net losses incurred 71 207 37ComptrollebGenehals Report 121 FIREMENS INSURANCE COMPANY OF NEWARK N J Daniel H Dunham President A H Hassinger Secretary Jas L Eiley Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2 Amount of ledger assets as per balance Dec 31 of previous years 6094740 31 4 Extended at 6094740 31 IIIncome 5 Gross premiums per Item 2 VI page 6 4175851 65 6 Deduct reinsurance premiums fire 685 07101 return premiums fire 752 20740 1437278 41 7 Net premiums 9 Gross interest on mortgage loans per Schedule B 130622 32 11 Gross interest on bonds and dividends on stocks less 45542 accrued interest on bonds acquired during 1914 per Sched ule D 130968 32 12 Gross interest on deposits in trust com panies and banks per Schedule N 791 54 16 Gross rents from companys property in cluding 1200000 for companys occu pancy of its own buildings 99421 22 18 From other sources Loan 20 Income tax withheld at source 26 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 2738573 24 325000 00 265 00 65 31 524 00 28 Total income 3426230 95122 ComptbollebGtenebals Eepoet IIIDisbursements 1 Gross amount paid policyholders for losses including 22292150 occurring in pre vious years 2 Deduct amount received for salvage fire 1096123 reinsurance fire 16228209 1073 96 173243 32 8 9 10 11 12 13 14 15 16 17 18 19 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 4684550 and expenses 3571810 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 1200000 for companys occupancy of its own buildings Advertising 285878 printing and stationery 15 86992 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 3514 77 Revenue tax 953 09 Local city tax 1029 60 1704830 64 37052 01 653217 64 10727 12 82561 60 130701 68 22325 62 18728 70 17565 96 2284 07 3260 15 8439 73 44020 72 28887 86 53S5 11 35129 27 23708 04 44710 22 19817 30 23 Other disbursements Auditors fees Loan repaid Interest on loan 34 Paid stockholders for interest or dividends amount de clared during the year 24000000 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger 5497 46 1055 75 275000 00 4698 62 240000 00 605 2941 16 17 18 23 26 30 34 41 1 2 ComptbollebGeneeals Repoet 123 assets viz Bonds per Schedule D 1100 00 Stocks per Schedule D 12379 80 Total disbursements 3435690 36 IVLedger Assets Book value of real estate 1066190 34 Mortgage loans on real estate per Sched ule B 2601850 00 Book value of bonds 121464666 and stocks 69965000 per Schedule D 1914296 66 Cash in companys office 6165 63 Deposits in trust companies and banks on interest per Schedule N 8225 20 Agents balances representing business written subsequent to Oct 1 1914 471519 76 Agents balances representing business written prior to Oct 1 1914 19033 31 Total ledger assets as per balance Item 42 6087280 90 NonLedger Assets Interest due 240050 and accrued 34 45470 on mortgages per Schedule B 36855 20 Interest accrued on bonds per Schedule D part 1 15278 86 Rents due on companys property or lease 2152 80 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 778585 91 Gross assets 6920153 67 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914 19033 31 Total admitted assets 6901120 36 VLiabilities Gross losses adjusted and unpaid not yet due 213466 32 Gross claims for losses in process of ad justment or in suspense 235447 17124 ComptrollerGenerals Eeport 3 Gross claims for losses resisted 4 35648 26 Total Deduct reinsurance due or accrued 484561 75 120246 02 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 570130784 unearned prem iums per recapitulation page 6 col 6 2922524 02 364315 IS 10 14 17 18 19 22 23 Total unearned premiums as computed above Principal unpaid on scrip or certificate of profits author ized or ordered to be redeemed 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 and to become due for borrowed money All other liabilities viz Income tax withheld at squrce Total amount of all liabilities except capitali Capital actually paid up in cash 1000000 00 Surplus over all liabilities 2528182 77 29 30 Surplus as regards policyholders Total liabilities VIRisks and Premiums 2922524 02 2332 84 1500 00 26000 00 6000 00 50000 00 265 00 3572937 59 3528182 77 6901120 36 In force on the 31 day of Dec as per line 6 under this heading in last years statement 621203240 Written or renewed during the year per Income No 5 273481602 4175851 65 6 Total 894684842 10539958 00 Deduct those expired and marked off as terminated 233650506 3807163 91 In force at the end of the year 661034336 6732794 09 Deduct amount reinsured schedule re quired 89993317 1031486 26 Net amount in force 571041019 5701307 84ComptrollerGeneral s Keport 125 Business in the State of Georgia During 1914 27 Gross risks written 2631541 00 Less nsKs cancelled 699902 0O Net risks written 1931639 00 28 Gross premiums on risks written 34772 78 Less return premiums 6080 72 Net premiums received 28692 06 29 Losses paid deducting salvage 18589 50 30 Losses incurred 18309 25 FIRST NATIONAL FIRE INSURANCE CO WASHINGTON B C Robert J Wynne President John E Smith Secy Pro Tem J L Riley Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 877275 00 2 Amount of ledger assets as per balance December 31 of previous years 1637789 68 3 Increase of paidup capital during the year 85320 00 Extended at 1723109 68 IIIncome 5 Gross premiums per Item 2 VI page 6 647121 18 6 Deduct reinsurance premiums fire 102 98066 return premiums fire 176 23450 279215 16 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 10 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks less 446363 accrued interest on bonds acquired during 1914 per Sched D 367906 0i 12700 08 186 41 44216 29126 ComptrollerGenerals 12 Gross interest on deposits in trust companies and banks per Schedule N 13 Gross interest from all other sources N W Report 1768 75 37 84 65148 83 124058 20 207274 47 3 75 1882 50 16 Gross rents from companys property including 353925 for companys oecu 18 From other sources Payments on subscriptions to stock 59703 20 62555 43 3101 07 3964 77 77950 00 Commercial Fire Ins Co interest on mtgs So Bldg to 121514 Commercial Fire Ins Co taxes on So Bldg to 19J1514 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz 701124 94 IIIDisbursements 1 Gross amount paid policyholders for losses including 3360285 occurring in pre 245237 19 Deduct amount received for salvage fire 91933 reinsurance fire 2479508 discount fire 19307 25907 48 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 794155 and expenses 937316 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 353925 for companys occupancy of its own buildings 10 Advertising 359183 printing and stationery 753516 11 Postage telegrams telephone and express 12 Legal expenses 219329 71 5472 86 109407 08 460 70 17314 71 52248 54 4082 75 11126 99 5377 35 8704 5GCoMPTROLLERGrENERAL s EePORT 127 1 3 Furniture and fixtures 881 54 14 Maps including corrections 1077 57 15 Underwriters Boards and Tariff Associations 1724 81 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 898 17 17 Inspections and surveys 980 47 18 Repairs and expenses other than taxes on real estate 50725 62 19 Taxes on real estate 6502 26 20 State taxes on premiums 6182 97 21 Insurance department licenses and fees 6503 58 22 All other licenses fees and taxes City and county taxes licenses and fees 3097 19 Internal revenue stamp tax 337 12 3434 31 23 Other disbursements Auditing 292772 newspapers etc 23683 3164 55 Collection expenses 39450 notary and recording 23773 632 23 Election expense 148635 traveling 599595 7482 30 Interest on bills payable 238 18 Miscellaneous home office expense 3503 62 Commission stock sales 8205 00 Salaries and expense stock sales 6844 80 Transferred from partpaid to fullpaid capital and surplus 88455 00 Bill payable 77950 00 196475 68 38 Agents balances charged off 14966 15 39 Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 2707 81 40 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 100000 00 41 Total disbursements 826586 19 IVLedger Assets Book value of real estate less 64550000 incumbrances per Schedule A 254500 00 Mortgage loans on real estate per Schedule B first liens 235600 00 Book value of bonds 979235 28 Cash in companys office 100 00m 7 11 12 S ComptbollerGenekals Eepoet Deposits in trust companies and banks on interest per Schedule N 38287 53 Agents balances representing business writ ten subsequent to October 1 1914 81266 65 Agents balances representing business writ ten prior to October 1 1914 4215 98 Bill receivable taken for fire risks 3150 51 Other ledger assets viz Deposits in underwriters boards 100 00 Cash in industrial department 399 05 Cash in hands of manager Southern Bldg 768 43 Checks in suspense 25 00 16 17 18 20 23 24 26 27 30 34 36 39 40 41 Total ledger assets as per balance Item 42 1597648 43 NonLedger Assets Interest due 46375 and accrued 432001 on mortgages per Schedule B 4783 76 Interest accrued on bonds per Schedule D Part 1 14512 20 Interest accrued on other assets Bank deposits 402 82 Rents due on companys property or lease 7486 25 Total Market value not including interest in Item 18 of bonds and stocks over book value per Schedule D Other nonledger assets viz Adjustment expenses due from other companies Advances etc to special agents and others unsecured Over payment of interest on So Bldg mortgages 27185 03 1014 72 274 32 260 81 30 00 Gross assets 1626413 31 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914 Loans on personal security endorsed or not see line 28 Market value of special deposits in excess of corresponding liabilities Checks in suspense Total admitted assets 1614627 81 4215 98 260 81 7283 71 25 00 11785 50 CompteolleeGenebals Repobt VLiabilities 129 1 Gross losses adjusted and unpaid not yet due 2 Gross claim for losses in process of adjust ment or in suspense plus record not closed until Jan 15 1915 reserve for losses incurred prior to December 31 of which no notice had been received on that date 3 Gross claims for losses resisted 939 50 50446 84 3900 00 4 Total 5 Deduct reinsurance due or accrued 63745 34 24466 93 39278 41 6 Net amount of unpaid losses and claimst 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks 44379728 unearned premiums per recapitulation page 6 column 6 244603 01 15 Interest due or accrued on borrowed money 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 Taxes accrued on real estate Unpaid expenses on real estate 789 16 7000 00 367 62 8665 50 612 46 26 Total amount of all liabilities except capital 310684 49 27 Capital actually paid up in cash full paid 87727500 part paid 2226070 899535 70 28 Surplus over all liabilities 404407 62 29 Surplus as regards policyholders 1303943 32 30 Total liabilities 1614627 81 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 25494095 358523 43 2 Written or renewed during the year per t k 47 774 966 647121 18 Income No 5 u130 ComptrollerGeneeals Report 3 Excess of original premiums over amount received for reinsurance 26790 82 4 Total 73269 061 1032435 43 5 Deduct those expired and marked off as terminated 32215997 483455 38 548980 05 105182 77 8 Net amount in force 33623149 443797 28 Business in the State of Georgia During 1914 27 Gross risks written 2567376 00 6 In force at the end of the year 41053064 7 Deduct amount reinsured schedule re quired 7429915 Less 1023136 risks cancelled and 85538 reinsurance in companies authorized in Georgia Net risks written 28 Gross premiums on risks written Less 1263095 return premiums and 100954 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 937598 00 1629778 00 36514 02 13640 49 22873 53 25842 80 6805 10 Net losses paid 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 19037 70 34734 37 11565 05 Net losses incurred 23169 32COMPTROLLERGrENEBAL s RePOBT 131 FITCHBURG MUTUAL FIEE FITCHBURG MASS Lincoln R Welch President Brentford J Alley Secretary F Wade Vaughan Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 276241 56 Extended at 276241 56 IIIncome 5 Gross premiums per Item 2 VI page 6 229294 92 6 Deduct reinsurance premiums fire 8 19495 return premiums fire 3373456 41929 51 7 Total net premiums other than perpetual 9 Gross interest on mortgage loans 11 Gross interest on bonds and dividends on stocks less 16710 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Notes payable 16 Gross rents from companys property in cluding 150000 for companys occu pancy of its own buildings 271 86 7688 67 259 45 7 75 5112 39 17 Total gross interest and rentst 18 From all other sources Borrowed money Rebate of assessments Minn Thresher Mfg Co 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income 187365 41 13340 12 40000 00 30 64 21 81 1000 00 241757 98 IIIDisbursements 1 Gross amount paid policyholders for losses including 564464 occurring in pre vious years 137300 25132 ComptrollerGenerals Eepoet 2 Deduct amount received for Salvage fire 96734 reinsurance fire 863808 dis count fire 9607 9680 49 9 10 11 12 13 14 15 16 17 18 19 20 21 23 34 39 40 41 Net amount paid policyholders for lossesi Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency expenses Salaries 442660 and expenses 313357 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents including 150000 for companys occupancy of its own buildings Advertising 164083 printing and stationery 244754 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys Repairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and fees Other disbursements Investment expenses com and coll Bond ins Magazines and papers Safe deposit box Care of office Interest on borrowed money Payment on acet Salem In Paid policyholders for interest or dividends Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A Total disbursements IVLedger Assets 1 Book value of real estate 58000 00 2 Mortgage loans on real estate per Sched ule B 3 425 00 127619 76 1434 26 18041 67 147 98 7560 17 15880 54 1500 00 4088 37 2403 84 622 48 1090 35 818 31 1161 95 235 96 9229 08 3353 89 988 51 2861 57 1523 14 8 07 132 07 72 00 16 00 351 73 723 83 331 U 53304 28 12 50 1000 00 256513 45ComptrollerGenerals Eeport 133 4 Book value of bonds 5 Cash in companys office 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 182488 59 924 80 1347 17 15300 53 16 Total ledger assets as per balance Item 42 261486 09 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 20 Interest on other assets Pitch Nat Bank in liquidation as per Schedule X 23 Rents accrued on companys property or lease 78 74 1500 65 200 00 220 50 24 Total 20348598 Deduct Assets Not Admitted 39 Book value of ledger assets over market value viz i 911 09 42 Total admitted assets 255574 89 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 755194 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 860 00 7551 94 3085 62 Total 11497 56 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 34614280 unearned prem iums per recapitulation page 6 col 6 171375 15 11497 56 10 Total unearned premiums as computed above 171375 15134 ComptbolleeGtenebals Eepobt 16 Dividends declared and unpaid to policyholders 6987 17 Salaries rents expenses bills accounts fees etc due or accrued 8J7 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 1810 21 Due and to become due for borrowed money 40000 29 Total liabilities 232409 30 Amount of such surplus which constitutes a permanent re serve fund represented by scrip which by the terms of its issue cannot be so as to diminish said reserve 23026 VIBisks and Premiums 1 In force on the 31st day of December as per line 6 under this heading in last years statement 391765 2 Written or renewed during the year per Income No 5 229294 3 Excess of original premiums over amount received for reinsurance 2 100 4 Total 5 Deduct those expired and marked off as terminated 6 In force at the end of the year 7 Deduct amount reinsured schedule required 8 Net amount in force 346185 Business in the State of Georgia During 1914 1 Gross risks written 366175 Less risks cancelled 69329 Net risks written 296846 2 Gross premiums on risks written 5655 Less return premiums 745 Net premiums received 4 910 3 Losses paid deducting salvage 8436 4 Losses incurred 8 43Q 99 00 00 92 07 92 23 623160 82 263976 86 359183 96 12998 56 40 00 00 00 55 25 30 05 05ComptrollerGenerals Eeport 135 FEANKLIN FIRE INSUEANCE CO PHILADELPHIA PA F E Parkhurot President Edgar P Luce Secretary William B Stovall 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 3320786 51 previous year v IIIncome 5 Gross premiums per Item 2 VI page 6 2097844 60 6 Deduct reinsurance premiums fire 328 084 79 return premiums fire 393 24223 721327 02 7 Total premiums other than perpetual 136517 58 8 Deposit premiums written on perpetual risks gross 7256 47 9 Gross interest on mortgage loans per Schedule B 733 64 11 Gross interest on bonds and dividends on stocks less 289699 accrued interest on bonds acquired during 914 per Schedule D 113200 14 12 Gross interest on deposits in trust com panies and banks per Schedule N 1540 51 16 Gross rents from companys property in cluding 6000 for companys occupancy of its own buildings 7436 00 17 Total gross interest and rents 123910 29 18 From other sources Perpetual policy transfer fees 626 50 Reinsurance deposit perpetual 145 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 7698 15 1516153 99 28 Total income v IIIDisbursements 1 Gross amount paid policyholders for losses including 11492042 occur ring in previous years 1054846 25136 ComptbolleeGenebals Repobt 2 Deduct amount received for salvage Are 77429 reinsurance fire 16130605 3 Net amount paid policyholders for losses 885797 29 4 Expenses of adjustment and settlement of losses 16683 02 5 Commissions or brokerage 287531 97 6 Allowances to local agencies for miscellaneous agency ex penses 4068 95 7 Salaries 3397187 and expenses 3466112 of special and general agents 68632 99 8 Salaries fees and all other charges of officers directors trustees and home office employees 78272 66 9 Eents including 600000 for companys occupancy of its own buildings 8 360 42 10 Advertising 481223 printing and stationery 889917 13711 40 11 Postage telegrams telephone and express 9958 58 12 Legal expenses 103 20 13 Furniture and fixtures 711 23 14 Maps including corrections 5 678 29 15 Underwriters Boards and Tariff Associations 21838 60 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 3 811 75 17 Inspections and surveys 4 589 91 18 Repairs and expenses other than taxes on real estate 971 70 19 Taxes on real estate 1810 22 20 State taxes on premiums 31 412 65 21 Insurance department licenses and fees 9496 21 22 All other licenses fees and taxes Federal corporation tax 26 21 Municipal licenses 7154 23 Capital stock tax 3 035 94 23 Other disbursements Incidental expenses 6118 95 Reinsurance deposit account perpetual 10 00 33 Deposit premiums returned 25 981 74 34 Paid stockholders for interest or dividends amount de clared during the year 60000 60001 50 38 Agents balances charged off 213 98 39 Gross loss on sale or maturity of ledger assets viz Real estate per schedule A 5117 80 Bonds per Schedule D 4 993 75 41 Total disbursements 1566095 17 IVLedger Assets 1 Book value of real estate per Schedule A 136360 56 2 Mortgage loans on real estate per Schedule B first liens 26435 00ComptrollerGenerals Report 137 4 Book value of bonds 255941723 and stocks 5973400 per Schedule D 2619151 23 5 Cash in companys office 1579 49 7 Deposits in trust companies and banks on interest per Schedule N 139069 63 8 Agents balances representing business written subsequent to October 1 1914 335351 76 9 Agents balances representing business written prior to October 1 1914 12897 66 16 Total ledger assets as per balance Item 42 3270845 33 NonLedger Assets X 17 Interest accrued on mortgages per Sched ule B 396 52 18 Interest accrued on bonds per Schedule D Part 1 34647 89 24 Total 35044 41 30 Gross assets 3305889 74 Deduct Assets not Admitted 34 Agents balances representing business written prior to October 1 1914 12897 66 38 Book value of ledger assets over market value viz Real estate 6860 56 Stocks and bonds 72849 23 41 Total admitted assets 3213282 29 VLiabilities 1 Gross losses adjusted and unpaid not yet due 25543 73 2 Gross claims for losses in process of ad justment or in suspense plus 712889 reserve for losses incurred prior to Dec 31 of which no notice had been re ceived on that date 204477 11 3 Gross claims for losses resisted 17260 13 4 Total 247280 97138 ComptbollebGIenebals Kepoet 5 Deduct reinsurance due or accrued 67018 89 1334998 6 Net amount of unpaid losses and claims 180262 08 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks 257072629 unearned premiums per recapitulation page 6 column 6 11 Amount reclaimable by the insured on per petual fire insurance policies being 90 per cent 47092037 95 per cent 17761794 of the premium or deposit received 648538 31 16 Dividends declared and unpaid to stock holders 15 00 17 Salaries rents expenses bills accounts fees etc due or accrued 1868 27 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 19261 57 19 Contingent commissions or other charges due or accrued 40573 73 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 500000 00 28 Surplus over all liabilities 487764 46 29 Surplus as regards policyholders 987764 46 2225517 83 30 Total liabilities 3213282 29 Business in the State of Georgia During 1914 27 Gross risks written Less 29988800 risks cancelled and 12418400 reinsur ance in companies authorized in Georgia Net risks written 28 Gross premiums on risks written Less 333918 return premiums and 200197 premiums for reinsurance in companies authorized in Georgia 1010696 66 424070 00 586626 66 17103 56 5341 15 Net premiums received 11762 41 29 Losses paid deducting salvage 16777 24 Less losses on risks reinsured in companies authorized in Georgia 4613 56 Net losses paid 12163 68ComptrollerGenerals Report 139 30 Losses incurred 20410 46 Less losses on risks reinsured in companies authorized in Georgia 5603 41 Net losses incurred 14807 05 GEORGIA HOME INSURANCE COMPANY OF COLUMBUS GA Rhodes Browne President Wm C Coart Secretary 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 719063 19 4 Extended at 719063 19 IIIncome 5 Gross premiums per Item 2 VI page 6 485612 85 6 Deduct reinsurance premiums fire 112 99985 return premiums fire 7486711 187866 96 7 Total net premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 10 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks 13 Gross interest from all other sources Loans on personal security endorsed or not 16 Gross rents from companys property in cluding 100000 for companys occu pancy of its own buildings 3306 50 1183 73 21126 96 1639 44 4032 30 297745 89 17 Total gross interest and rents 31288 93140 ComptkollerGenebals Repoet 18 From all other sources Borrowed money 40000 00 Reed from Reins Cos on losses paid 1913 424 84 Furniture and fixtures sold 140 90 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 28 Total income 40565 74 1500 00 202 00 2137 50 374440 06 IIIDisbursements 1 Gross amount paid policyholders for losses 283946 97 2 Deduct amount received for Salvage fire 97642 reinsurance fire 7694566 discount fire 8047 78002 55 8 9 10 11 12 14 15 18 19 20 21 22 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency expenses Salaries 906770 and expenses 1019059 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 100000 for companys occupancy of its own buildings Advertising 121088 printing and stationery 211841 Postage telegrams telephone and express Legal expenses Maps including corrections Underwriters boards and tariff associations 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 Personal State county and city taxes 1 S4S 00 Municipal and all other taxes and licenses 6427 39 205944 42 3970 30 45588 70 1724 08 19258 29 21173 11 1000 00 3329 29 2118 76 573 42 578 63 2865 43 939 42 883 13 8477 90 3020 95 8275 39 23 Other disbursementsComptbollekGtenebals Repoet 141 Miscellaneous and office expenses 772 48 Difference market value and cost of cotton 56G 8G 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 1339 34 733 67 21 13 325 00 41 Total disbursements 332140 36 IVLedger Assets 1 Book value of real estate 60000 00 2 Mortgage loans on real estate per Sched ule B 52150 00 4 Book value of bonds 20597500 and stocks 29442000 per Schedule D 500395 00 5 Cash in companys office 10143 59 6 Deposits in trust companies and banks not on interest per Schedule N 19447 37 8 Agents balances representing business written subsequent to Oct 1 1914 90248 77 9 Agents balances representing business written prior to Oct 1 1914 8135 11 12 Other ledger assets viz Loans on personal security 3830 48 Due from Reins Cos on losses paid 506 41 Cotton acct 53 bales 28202 lbs at 8c 2256 16 16 Total ledger assets as per balance Item 42 761362 89 NonLedger Assets 17 Interest on mortgages per Schedule B 18 Interest on bonds per Schedule D part 1 19 Interest on collateral loans per Schedule C part 1 20 Interest on other assets Inst personal loans endorsed or not 24 Total 30 Gross assets 2323 34 2020 00 62 44 252 14 4657 92 766020 81142 CompteollebGenebals Kepoet Deduct Assets Xot Admitted 34 Agents balances representing business written prior to Oct 1 1914 8135 11 36 Loans on personal security endorsed or not 4082 62 42 Total admitted assets 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 546S3 49 42487 45 9100 00 4 Total 106270 94 5 Deduct reinsurance due or accrued as per Schedule E 30843 04 6 Net amount of unpaid losses and claimst 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 56429447 unearned prem iums per recapitulation page 6 col 6 288853 23 12217 73 753803 OS 75427 00 10 Total unearned premiums as computed above 2S8853 23 15 Interest due or accrued including 62027 on borrowed money 620 27 17 Salaries rents expenses bills accounts fees etc due or accrued 6000 00 21 Due and to become due for borrowed money 40000 00 25 Total amount of all liabilities except capital 410901 40 26 Capital actually paid up in cash 300000 00 27 Surplus over all liabilities 42901 68 28 Surplus as regards policyholders 29 Total liabilities 342901 68 753803 08 YIRisks and Premiums Fire Risks Premiums Thereon 1 In force on tne 31 day of Dec as per line 6 under this heading in last years statement 52406719 838228 956 CompteollebGeneeals Eepoet 27434524 Written or renewed during the year per Income No 5 Excess of original premiums over amount received for reinsurance 143 485612 85 2413 98 Total 79841243 1326255 78 Deduct those expired and marked off as terminated 37382464 564723 63 In force at the end of the year Deduct amount reinsured schedule re quired 42458779 761532 15 12739695 197237 68 Net amount in force 29719084 564294 47 Business in the State of Georgia During 1914 Gross risks written 5490438 00 Less 91411600 risks cancelled and 143723800 rein surance in companies authorized in Georgia 2351354 CO Net risks written 3139084 00 Gross premiums on risks written 97045 68 Less 1302704 return premiums and 2526308 prem iums for reinsurance in companies authorized in Ga 38290 12 Net premiums received Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid Losses incurred Less losses on risks reinsured in companies authorized in Georgia Net losses incurred 58755 56 75149 30 29998 82 45150 48 71942 23 27331 16 44611 07144 ComptrollerGenerals Report GERMAN ALLIANCE FIRE INSURANCE CO OF NEW YORK CITY William N Kremer President Edwin M Cragin Secretary George N Hurt Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 400000 00 2 Amount of ledger assets as per balance December 31st of previous years 1967786 80 IIIncome 5 Gross premiums per Item 2 VI page 6 3353929 28 6 Deduct reinsurance premiums fire 2 03769749 return premiums fire 698 32492 2736022 41 7 Total premiums other than perpetual 617906 87 9 Gross interest on mortgage loans per Schedule B 2662 50 11 Gross interest on bonds and dividends on stocks less 30294 accrued interest on bonds acquired during 1914 per Sched ule D 85657 14 12 Gross interest on deposits in trust com panies and banks per Schedule N 722 30 13 Gross interest from all other sources On subscription payments for bonds and stocks 212 53 On unlisted assets per schedule 71 00 17 Total gross interest and rents 89325 47 26 Gross profit on sales or maturity of led ger assets viz Bonds per Schedule D 68 82 Stocks per Schedule D 3 76 72 58 28 Total income 707304 92 IIIDisbursements 1 Gross amount paid policyholders for losses including 22370777 occurring in previous years 1916535 10ComptrollerGenerals Eeport 145 2 Deduct amount received for salvage fire 626539 reinsurance fire 1512372 54 discount fire 6425 1518702 18 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 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 Federal corporation tax 205 63 Municipal 397832 92 6049 40 169911 10 3545 00 3105 99 10398 70 3249 82 County 174 99 34 Paid stockholders for interest or dividends amount de clared during the year 1146 58 60000 00 41 Total disbursements 655239 51 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 4 Book value of bonds 72898237 and stocks 108634589 per Schedule D 5 Cash in companys office 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to October 1 1914 25000 00 1815328 26 300 00 70098 19 109125 76 16 Total ledger assets as per balance Item 42 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D Part 1 24 Total 30 Gross assets 562 50 8420 00 2019852 21 8982 50146 ComptrollerGenerals Report Deduct Assets not Admitted 38 Book value of ledger assets over market value viz Bonds 65012 37 Stocks 131571 89 41 196584 26 Total admitted assets 1832250 45 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1500000 reserve for losses incurred prior to December 31 of which no notice had been received on that date 3 Gross claims for losses resisted 54388 54 346799 00 31800 00 Total 432987 54 5 Deduct reinsurance due or accrued 309601 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 93813769 unearned prem iums per recapitulation page 6 col 6 123386 54 497409 04 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 27 Capital actually paid up in cash 400000 00 28 Surplus over all liabilities 801454 87 497409 04 10000 00 630795 58 29 Surplus as regards policyholders 1201454 87 30 Total liabilities 1832250 45 VIRisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31st day of December as per line 6 under this heading in last years statement 472536271 467550 54ComptrollerGenerals Eeport 147 2 Written or renewed during the year per Income No 5 337734424 3353929 28 4 Total 810270695 8029519 82 5 Deduct those expired and marked off as terminated 323233985 3312270 57 6 In force at the end of the year487036710 4717249 25 7 Deduct amount reinsured schedule re quired 392414726 3779111 56 8 Net amount in force 94621984 938137 69 t Business in the State of Georgia During 1914 27 Gross risks written 2467834 00 Less risks cancelled 639680 00 Net risks written 1828154 00 28 Gross premiums on risks written 36822 12 Less return premiums 6986 25 Net premiums received 2983o 87 29 Losses paid deducting salvage 32420 11 30 Losses incurred 32213 11 GERMAN AMERICAN FIRE INSURANCE CO OF NEW YORK CITY William N Kremer President Edwin M Cragin Secretary George N Hurt Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 22998168 36 22998168 36 4 Extended at v IIIncome 5 Gross premiums per Item 2 VI page 6 15045600 14148 ComptrollerGenerals Eepoet 6 Deduct reinsurance premiums fire 3440 50521 return premiums fire 2929 92168 6370426 89 7 Total premiums other than perpetual 8675173 25 9 Gross interest on mortgage loans per Schedule B 4064 17 11 Gross interest on bonds and dividends on stocks less 371371 accrued interest on bonds acquired during 1914 per Sched ule D 847617 78 12 Gross interest on deposits in trust com panies and banks per Schedule N r6870 36 13 Gross interest from all other sources On Philadelphia Underwriters Association deposits 945 from unlisted assets per Schedule X 629941 on subscription payments for bonds and stocks 96703 7275 89 On deferred payments of agents balances 155169 prepayment of taxes 18840 1740 09 16 Gross rents from companys property in cluding 5664500 for companys occu pancy of its own buildings 215097 82 17 Total gross interest and rents 1092666 11 3 8 From other sources Premiums collected on business placed with other com panies 8533 90 American Fruit Product Company receivers dividend per Schedule X 3000 00 25 From agents balances previously charged off 1756 95 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 2 695 82 Stocks per Schedule D 17 790 78 28 Total income 9801616 81 IIIDisbursements 1 Gross amount paid policyholders for losses including 884247 34 occurring in pre vious years 7662384 68 2 Deduct amountreceived for salvage fire 4552340i reinsurance fire 2375 58485 discount fire 74282 2421851 07 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5240533 61 128850 98CoMPTKOLLERGrElSrEEALs REPOET 149 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency expenses 7 Salaries 43421310 and expenses 14698777 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 5664500 for companys occupancy of its own buildings 10 Advertising 2674102 printing and stationery 6 90054 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 Inspections and surveys Repairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Municipal 1133330 county 259026 Emergency revenue tax Other disbursements Mercantile agency reports special reports and reference books Premiums on business placed with other companies Office cleaning lighting and heating Premium on compensation insurance policy Paid stockholders for interest or dividends amount de clared during the year 600000000 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 1588921 91 2217 12 58il200 87 347986 44 76693 76 17 18 19 20 23 34 38 93641 56 70228 41 6208 25 20168 22 24868 68 118632 07 45957 21 67184 44 75643 02 35289 06 165272 45 49397 42 2217 53 13923 56 4002 58 10779 60 3141 15 3120 41 1139 76 600000 00 5550 79 48 77 1412 05 41 Total disbursements W380 68 IVLedger Assets lit 1 Book value of real estate 2682385 9 Mortgage loans on real estate per Sched ule B first liens 35500 00150 ComptrollerGenerals Eeport 4 Book value of bonds 967576200 and stocks 805948155 per Schedule D 17735243 55 5 Cash in companys office 7147 19 6 Deposits in trust companies and banks not on interest per Schedule N 97401 87 7 Deposits in trust companies and banks on interest per Schedule N 1119197 22 8 Agents balances representing business written subsequent to Oct 1 1914 1645758 94 9 Agents balances representing business written prior to Oct 1 1914 33555 15 11 Bills receivable taken for fire risks 46214 88 16 Total ledger assets as per balance Item 42 23402404 49 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 867 50 18 Interest accrued on bonds per Schedule D part 1 138958 50 23 Bents due on companys property or lease 5926 42 24 Total 145752 42 30 Gross assets 23548156 91 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 33555 15 35 Bills receivable past due taken for marine inland and fire risks 195 69 38 Book value of ledger assets over market value viz Bonds 84534600 stocks 94605000 Schedule D 1791396 55 Real estate Schedule A 232385 69 41 Total admitted assets 21490623 83 VLiabilities 1 Gross losses adjusted and unpaid not yet due 145491 00 2 Gross claims for losses in process of ad justment or in suspense plus 45000003 ComptrollerGenerals Report reserve for losses incurred prior to Dec 31 of which no notice had been receiv edon that date 1362147 00 Gross claims for losses resisted 140888 00 151 Total Deduct reinsurance due or accrued 1648526 00 553051 32 Net amount of unpaid losses and claims 1095474 68 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1800451070 unearned premiums per recapitulation page 6 column 6 9168457 75 10 17 18 19 23 26 27 28 29 30 Total unearned premiums as computed above 916S4o7 7o 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 All other liabilities viz Bents paid in advance Premiums due or to become due on business placed with other companies 36224 42 137699 00 8773 28 1547 25 8533 90 Total amount of all liabilities except capital 10456710 Capital actually paid up in cash 2000000 00 Surplus over all liabilities 9033913 5o Surplus as regards policyholders 11033913 5 Total liabilities 21490623 83 VIBisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 2336843972 22763286 94 2 Written or renewed during the year 4 per Income ho o 3 Excess of original premiums over amount received for reinsurance 24334 99 4 Total 3919841131 37833222 07152 ComptrollerGenerals Eeport 5 Deduct those expired and marked off as terminated 1518512907 15155517 63 6 In force at the end of the year 2401328224 22677704 44 7 Deduct amount reinsured schedule re quired 529450661 4673193 74 8 Net amount in foirce 1871877563 18004510 70 Business in the State of Georgia During 1914 27 Gross risks written 12740603 00 Less 303067300 risks cancelled and 72499000 reinsur ance in companies authorized in Georgia 3755663 00 Net risks written 89g4940 00 28 Gross premiums on risks written gg 5gg gi Less 3482002 ireturn premiums and 514649 premiums for reinsurance in companies authorized in Georgia 39966 51 Net premiums received 449 go 40 29 Losses paid deducting salvage 157 399 68 Less losses on risks reinsured in companies authorized in Georgia 10029 51 Net losses paid U7780 1 30 Losses incurred m 915 6g Less losses on risks reinsured in companies authorized in GeOTSia 9364 51 Net losses incurred 163 551 17 GERMANIA FIRE INSURANCE COMPANY OF NEW YORK CITY Geo B Edwards President GlIgtav Kehr Secretary Samuel C Williams Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1000000 00ComptrollerGeneral s Report 153 2 Amount of ledger assets as per balance Dee 31 of previous year 7811050 54 4 Extended at 7811050 54 IIIncome 9 11 12 13 16 17 18 25 28 Gross premiums per Item 2 VI page 6 4226126 64 Deduct reinsurance premiums fire 653 30714 return premiums fire 57338166 1226688 80 Total premiums other tJhan perpetual 2999437 84 Gross interest on mortgage loans per Schedule B Gross interest on bonds and dividends on stocks Gross interest on deposits in trust com panies and banks per Schedule X Gross interest from all other sources Miscellaneous Gross rents from companys property in eluding 2500000 for companys occu pancy of its own buildings 24048 01 249573 31 9314 72 232 89 113 03 57 75 47759 25 Total gross interest and rents 331098 95 From other sources Conscience money received From agents balances previously charged off 210 33 Total income 3330905 IS IIIDisbursements 1 Gross amount paid policyholders for losses including 20493444 occurring in pre vious years 1887054 31 2 Deduct amount received for salvage fire 1350689 reinsurance fire 357 49005 discount fire 82563 371822 57 3 Net amount paid policyholders for losses 1515231 74 4 Expenses of adjustment and settlement of losses 78113 94 5 Commissions or brokerage 626903 00 6 Allowances to local agencies for miscellaneous agency expenses 91417 64 154 CompteollebGenebals Repobt 7 Salaries 8885039 and expenses 5018415 of special and general agents 139034 54 8 Salaries fees and all other charges of officers directors trustees and home office employees 146392 32 9 Eents including 2500000 for companys occupancy of its own buildings 31573 15 10 Advertising 564932 printing and stationery 2115692 28806 24 11 Postage telegrams telephone and express 21293 90 12 Legal expenses 5614 50 13 Furniture and fixtures 3230 10 14 Maps including corrections 10159 58 15 Underwriters boards and tariff associations 7328 18 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 22727 21 17 Inspections and surveys 46417 96 18 Repairs and expenses other than taxes on real estate 15302 65 19 Taxes on real estate 11214 00 20 State taxes on premiums 61061 S9 21 Insurance department licenses and fees 17075 77 22 All other licenses fees and taxes Federal corporation tax 3797 14 Municipal and county licenses 10336 25 Internal revenue tax 1237 40 15370 79 23 Other disbursements Investment expense other than real estate 8470 00 Exchange 3937 98 Mercantile agencies 2228 00 Auditing 1387 50 Subscriptions 77775 charity 10625 ins premiums and surety bonds 69317 spring water ice towels 78577 misc 18391 2546 85 18570 33 34 Paid stockholders for interest or dividends amount de clared during the year 20000000 200000 00 38 Agents balances charged off 195 86 39 Gross losses on sale or maturity of ledger assets viz Bonds per Schedule D 502 50 40 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 20744 13 41 Total disbursements 313228192ComptrollerGenerals Report IVLedger Assets 1 Book value of real estate 730000 00 2 Mortgage loans on real estate per Schedule B first liens 575250 00 4 Book value of bonds 291105344 and stocks 273734962 per Schedule D 5648403 06 5 Cash in company s office 2417 48 6 Deposits in trust companies and banks not on interest per Schedule N 16151 19 7 Deposits in trust companies and banks on interest per Schedule N 491022 83 S Agents balances representing business written subsequent to October 1 1914 536691 20 9 Agents balances representing business witten prior to Oct 1 1914 9737 98 155 16 17 18 23 24 30 34 38 41 Total ledger assets as per balance Item 42 NonLedger Assets Interest accrued on mortgages per Sched ule B i Interest accrued on bonds per Schedule D part 1 Rents due on companys property or lease 1009673 74 10865 19 38731 07 158 34 Total 49754 60 Gross assets 8059428 34 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914i Book value of ledger assets over market value viz 9737 98 765035 56 774773 54 Total admitted assets 7284654 80 VLiabilities Gross losses adjusted and unpaid not yet due 186398 84 Gross claims for losses in process of ad justment or in suspense 167873 65156 ComptrollerGenerals Eeport 3 Gross claims for losses resisted 37157 00 10 17 18 19 26 27 29 30 Total 39d429 49 Deduct reinsurance due or accrued 102834 16 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 674018775 unearned prem iums per recapitulation page 6 col 6 3441914 54 288595 33 Total unearned premiums as computed above Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement Contingent commissions or other charges due or accrued Total amount of all liabilities except capital Capital actually paid up in cash 1000000 00 Surplus over all liabilities 2486142 59 Surplus as regards policjholders Total liabilities 3441914 54 2136 07 55000 00 10866 27 3798512 21 3486142 59 7284654 8ft 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 784327985 7437416 57 2 Written or renewed during the year per Income No 5 423474793 4226126 64 3 Excess of original premiums over amount received for reinsurance 4344 96 4 Total 5 Deduct those expired and marked off 1207802778 11667888 17 as terminated 397533401 3993316 23 6 In force at the end of the year 810269377 7674571 94 7 Deduct amount reinsured schedule re quired 85305712 934384 19 8 Net amount in force 724963665 6740187 75ComptrollerGenerals Report 157 Business in the State of Georgia During 1914 27 Gross risks written 5976167 00 Less 130832600 risks cancelled and 3470000 reinsur ance in companies authorized in Georgia 1343026 00 Net risks written 4633141 00 28 Gross premiums on risks written 92999 80 Less 1513863 return premiums and 64197 premiums for reinsurance in companies authorized in Georgia 15780 60 Net premiums received 77219 20 29 Losses paid deducting salvage 41849 78 30 Losses incurred 42204 75 CURARD FIRE MARINE INSURANCE COMPANY OF PHILADELPHIA PA Henry M Gratz President Edward J Thomason Secretary Jno 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 Dec 31 of previous years 2557637 85 IIIncome 5 Gross premiums per Item 2 VI page 6 1349938 69 6 Deduct reinsurance premiums fire 311 29949 return premiums fire 211 00676 522306 25 7 Total premiums other than perpetual 827632 44 8 Deposit premiums written on perpetual risks gross 12277 79 9 Gross interest on mortgage loans per Schedule B 072 52 10 Gross interest on collateral loans per Schedule C 1713 34 11 Gross interest on bonds and dividends on stocks less 31917 accrued interest on 158 ComptbollebGenebals Eepoet bonds acquired during 1914 per Sched ule D 81996 21 12 Gross interest on deposits in trust com panies and banks per Schedule N 1175 67 13 Gross interest from all other sources Dividend on Mutual Assce Co policy co s real estate 30 00 On bills receivable 59 52 On Phila Und Assce deposit 3 15 16 Gross rents from companys property in cluding 900000 for companys occu pancy of its own buildings 17290 23 17 Total gross interest and rents 18 From other sources Bills payable 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 28 Total income 111340 64 17500 00 100 00 2693 29 971544 16 IIIDisbursements 1 Gross amount paid policyholders for losses including 6860988 occurring in pre vious years 583332 45 2 Deduct amount received far salvage fire 170226 reinsurance fire 17711478 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 0 Allowances to local agencies for miscellaneous agency expenses 7 Salaries 990000 and expenses 822803 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 900000 for companys occupancy of its own buildings 10 Advertising 105743 printing and stationery 870814 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 404515 41 8893 42 214241 13 5006 39 18128 03 60403 25 12485 54 9765 57 2698 79 636 35 354 85 4448 37 9603 12CoMPTROLLERGrENERAL s KePORT 159 16 Fire department fire patrol and salvage eoips assess ments fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 1461 23 Capital stock 3603 66 City and county licenses and fees 2897 07 Mo anti trust suit 5 00 War revenue 230 42 111 anti trust suit 1 0O 23 Other disbursements Electricity 14599 auditing books 100 ice water 13195 statistical books 183 laun dry 2544 ins on F F 14655 entertaining agents 3805 Christmas presents 45975 prems on personal bonds 18125 gas 19649 notary fees 6275 sun dries 18525 30 Bills payable 31 Interest on bills payable 32 Investment exp 33 Deposit premiums returned 34 Paid stockholders for interest or dividends amount de clared during the year 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 41 Total disbursements IVLedger Assets 1 Book value of real estate 211497 32 2 Mortgage loans on real estate per Schedule B first liens 190100 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 24200 00 4 Book value of bonds 173256018 and stocks 137022 31 per Schedule D 1869582 49 5 Cash in companys office 1655 75 7 Deposits in trust companies and banks on interest per Schedule N 142339 30 8 Agents balances representing business written subsequent to Oct 1 1914 144565 72 9542 67 3497 33 3481 70 4019 28 10629 13 7415 61 8198 38 1856 47 17500 00 87 39 148 00 21230 05 100000 00 40 34 1325 88 940152 45 160 ComptbollekGteneeals Repokt 9 Agents balances representing business written prior to Oct 1 1914 1506 73 11 Bills receivable taken for fire risks 2769 75 12 Other ledger assets viz Perpetual pol of ins on cos real estate 712 50 Phila Und Deposit 100 00 16 Total ledger assets as per balance Item 42 2589029 56 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 2470 15 18 Interest accrued on bonds per Schedule D part 1 22980 46 19 Interest accrued on collateral loans per Schedule C part 1 328 05 24 Total 25778 66 25 Market value of real estate over book value per Sched ule A 55752 68 27 Other nonledger assets viz Unearned portion of prems on fire ins pol covering cos B E holdings 1496 75 30 Gross assets 2672057 65 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 1506 73 40 Stocks and bonds 172319 99 41 Total admitted assets 2498230 93 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 335900 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 98484 00 3700 00 4 Total 102184 00 5 Deduct reinsurance due or accrued 38191 00 Net amount of unpaid losses and claims 63993 00ComptrollerGenerals Report 161 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 189612957 unearned prem iums per recapitulation page 6 col 6 991993 76 10 Total unearned premiums as computed above 991993 76 11 Amount reclaimable by the insured on perpetual fire insur ance policies being 90 per cent of the premiums or de posit received 576873 87 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 3500 00 26 Total amount of all liabilities except capital 1636360 63 27 Capital actually paid up in cash 50000 28 Surplus over all liabilities 361870 30 29 Surplus as regards policyholders 861870 30 30 Total liabilities 2498230 93 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 252644032 2345079 15 2 Written or renewed during the year per Income No 5 133364338 1349938 69 4 Total 386008370 3695017 84 5 Deduct those expired and marked off as aA 121967449 1265604 Ov terminated ajovi 6 In force at the end of the year 264040921 2429413 77 7 Deduct amount reinsured schedule re 47099197 533284 20 quired j 916 941 724 1896129 57 Net amount m force tioyii 640970 96 9 Perpetual risks not included above 3123925400 de posit premiums on same Business in the State of Georgia During 1914 3944665 00 27 Gross risks written v Less 87329100 risks cancelled and 136202300 rein surance in companies authorized in Georgia 223o314 00 Net risks written 1709351 00162 COMPTBOLLEEGrENEBALs RePOET 28 Gross premiums on risks written 71492 47 Less 1267893 return premiums and 2516825 prem iums for reinsurance in companies authorized in Ga 37847 18 Net premiums received 33645 29 29 Losses paid deducting salvage 44587 78 Less losses on risks reinsured in companies authorized in Georgia 23507 31 Net losses paid 21080 45 30 Losses incurred 51137 76 Less losses on risks reinsured in companies authorized in Georgia 27521 31 Net losses incurred 23616 45 GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS N Y B A Little President H N Dickinson Secretary A L Brooks Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance December 31st of previous years 5477541 94 IIIncome 5 Gross premiums per Item 2 VI page 6 3392794 09 159384 84 6 Deduct reinsurance premiums fire 566 46616 marine and inland 441750 return premiums fire 52757500 marine and inland 3759244 1136051 13 7 Total premiums other than perpetual 2416127 80 9 Gross interest on mortgage loans per Sched ule B less 3542 accrued interest on mortgages acquired during 1914 103178 46 10 Gross interest on collateral loans per Schedule C 10184 16 11 Gross interest on bonds and dividends on stocks 138252 76ComptrollerGenerals Beport 163 12 Gross interest on deposits in trust com panies and banks per Schedule N 7205 31 13 Gross interest from all other sources Gross interest on real estate contracts etc 23694 less allowed on deferred loss claim 17540 61 54 16 Gross rents from companys property in cluding 12000 for companys occupancy of its own buildings 24223 07 17 Total gross interest and rents 283 18 From other sources Unredeemed checks to profit and loss 44 35 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule T 27 Gross increase by adjustment in book value of ledger as sets viz Bonds per Schedule D 21403 00 Stocks per Schedule D n445 00 32848 00 2732500 45 28 Total income IIIDisbursements 1 Gross amount paid policyholders for losses including 182820 occurring in pre vious years 2 Deduct amount received for salvage fire 781574 marine and inland 1458 55 reinsurance fire 33220257 ma rine and inland 397369 discount fire 83556 marine and inland 500 3 Net amount paid policyholders for losses 111 11 4 Expense of adjustment and settlement of losses Wi oo oU4ooy 4U 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency ex penses 7 Salaries 11516504 and expenses 5690616 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 814 9 Rents including 12000 for companys occupancy of its own buildings 10 Advertising 816848 printing and stationery 2516183 33330 dl 11 Postage telegrams telephone and express 1 164 ComptrollerGenerals Beport 12 Legal expenses 314 o 13 Furniture and fixtures 6 057 86 14 Maps including corrections 11 846 90 15 Underwriters Boards and Tariff Associations 31812 76 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 11 444 87 17 Inspections and surveys 9 861 65 18 Repairs and expenses other than taxes on real estate 815 41 19 Taxes on real estate 8 680 04 20 State taxes on premiums 38 474 45 21 Insurance department licenses and fees 15 861 13 22 All other licenses fees and taxes Federal corporation tax 1 456 44 Local and municipal 672300 pub statements 32733 7 050 33 Delta lever tax 10000 filing licenses 875 187 05 8693 82 23 Other disbursements Maintenance new office building 11784 57 Miscellaneous office expenses 2805 96 New building account to profit and loss 19371 55 33962 08 34 Paid stockholders for interest or dividends amount declared during the year 140000 110000 00 38 Agents balances charged off 351 54 39 Gross loss on sale or maturity of ledger as sets viz Real estate per Schedule A 550 00 Bonds per Schedule D 650 20 Stocks per Schedule D 12500 00 13700 20 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 49 429 00 Stocks per Schedule D 1916 68 51345 68 41 Total disbursements 2694 237 87 IVLedger Assets 1 Book value of real estate per Schedule A 2 Mortgage loans on real estate per Sched 216590 5516 17 18 20 23 24 27 30 34 41 1 ComptrollerGenerals Report 165 ule B first liens 1780035 other than first 8500 17885 35 Loans secured by pledge of bonds stocks or other collateral per Schedule C 200000 00 Book value of bonds 2099580 41 and stocks 36077700 per Schedule D 2460357 41 Cash in companys office 14420 55 Deposits in trust companies and banks on interest per Schedule N 434577 60 Agents balances representing business written subsequent to October 1 1914 400231 07 Agents balances representing business written prior to Octoer 1 1914 1092 34 Total ledger assets as per balance Item 42 5515804 52 NonLedger Assets Interest due 524342 and accrued 6 51334 on mortgages per Schedule B 11756 76 Interest accrued 2683493 on bonds per Schedule D Part 1 26834 93 Interest accrued 14250 on other assets on bank deposits l2 50 Ents accrued on companys property or lease 211 73 Total 3894592 Other nonledger assets viz Reinsurance due on losses paid 723Q 71 Gross assets 5561981 15 Deduct Assets not Admitted Aeents balances representing business written prior to Oct 1 1914 i092 34 Total admitted assets 5560888 81 VLiabilities Gross losses adjusted and unpaid not yet due 53038 81 Gross claims for losses in process of ad justment or in suspense plus 39376 reserve for losses incurred prior to De166 ComptrollerGenerals Eeport cember 31st of which no notice had been received on that date 3 Gross claims for losses resisted 4 Total 5 Deduct reinsurance due or accrued 308407 75 32663 00 394109 56 92274 85 6 Net amount of unpaid losses and claims 301834 71 7 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks 475822227 unearned premiums per recapitulation page 6 column 6 2475515 17 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 17302414 unearned premiums fifty per cent 86512 06 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to stockholders 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 23 All other liabilities viz Beihsurance premiums due other companies 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 500000 00 28 Surplus over all liabilities 2128262 29 2562027 23 30000 00 3000 00 33000 00 276458 00 2932626 52 29 Surplus as regards polieyholders 30 Total liabilities 2628262 29 5560888 81 VIRisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31st day of December as per line 6 under this heading in last years statement 533246374 00 5196857 61 2 Written or renewed during the year per Income No 5 353249236 00 3392794 09 4 Total 495610 00 8589651 70ComptrollerGenerals Report 167 3033714 19 5 Deduct those expired and marked off as terminated 295125026 00 6 In force at the end of the year591370584 5555937 51 7 Deduct amount reinsured schedule re quired 82112544 00 797715 24 8 Net amount in force 509258040 00 4758222 27 Business in the State of Georgia During 1914 27 Gross risks written 7366689 00 Less 1630986 risks cancelled and 2133075 reinsurance in companies authorized in Georgia 3764061 00 Net risks written 3602628 00 87329 31 43251 09 28 Gross premiums on risks written Less 1786984 return premiums and 2538125 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 44078 22 36289 86 11347 43 Net losses paid 24942 43 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 11347 43 Net losses incurred 28013 91 GLOBE RUTGERS FIRE INSURANCE COMPANY OF NEW YORK CITY E C Jameson President V H Paulison Secretary J L Biley Co Atlanta Ga Attorney for Service ICapital Stock 1 Amount of capita paid up in cash 400000 00168 ComptkollerGtenerals Repokt 2 Amount of ledger assets as per balance Dec 31 of previous years 8446411 13 4 Extended at 8446411 13 llIncome 5 Gross premiums per Item 2 VI page 6 7176422 76 6 Deduct reinsurance premiums fire 1358 44267 return premiums fire 1277 67082 marine and inland 257688 2638690 37 7 Total premiums other than perpetual 4537732 39 9 Gross interest on mortgage loans per Schedule B 5078 10 11 Gross interest on bonds and dividends on stocks less 496128 accrued interest on bonds acquired during 1914 per Sched ule D 367368 44 12 Gross interest on deposits in trust com panies and banks per Schedule N 1355 25 13 Gross interest from all other sources Miscellaneous 6 30 16 Gross rents from companys property 5508 72 17 Total gross interest and rents 369 316 81 18 From other sources Mercantile Natl Bank in liquidation 2 025 00 Received account borrowed money 120 000 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1 940 25 Stocks per Schedule D 470 jg 28 Total income 5031486 57 IIIDisbursements 1 Gross amount paid policyholders for losses including 70586600 occurring in pre vious years 2 Deduct amount received for salvage fire 4334022 reinsurance fire 850 72442 discount fire 346804 3591989 82 3 Net amount paid policyholders for losses 2694457 14 4 Expenses of adjustment and settlement of losses 41160 18 5 Commissions or brokerage 745 177 23 8 Salaries fees and all other charges of officers directors trustees and home office employees 157236 62ComptrollerGenebals Report 169 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 34 39 40 41 Rents 12 122 04 Advertising 360132 printing and stationery 1401468 17616 00 Postage telegrams telephone and express 9355 03 Legal expenses 10601 58 Furniture and fixtures 3 187 54 Maps including corrections 6 268 99 Underwriters boards and tariff associations 29046 47 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 13977 94 Inspections and surveys 15 239 63 Repairs and expenses other than taxes on real estate 280 55 Taxes on real estate 227 17 State taxes on premiums 55 703 83 Insurance department licenses and fees 4938 85 All other licenses fees and taxes Federal corporation tax 5 261 68 Franchise tax 11 020 11 Emergency revenue tax 2472 28 Other disbursements Interest on borrowed money 36542 32 Exchange on agents drafts 2435 90 Subscription to papers and mercantile agencies 2138 50 Premiums on agents and employees bonds 1437 65 Paid stockholders for interest or dividends amount de clared during the year 16000000 160000 00 Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 4195 38 Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 24537 00 Total disbursements 4067637 61 IVLedger Assets 1 Book value of real estate 72945 00 2 Mortgage loans on real estate per Sched ule B first liens 87700 00 4 Book value of bonds 319534384 and stocks 451669464 per Schedule D 7712038 48 5 Cash in companys office 2999 74 6 Deposits in trust companies and banks not on interest per Schedule N 178940 34 7 Deposits in trust companies and banks on interest per Schedule N 133938 79 8 Agents balances representing business written subsequent to Oct 1 1914 1195046 03170 ComptrollerGeneral s Eeport 9 Agents balances representing business written prior to Oct 1 1914 26652 01 16 Total ledger assets as per balance Item 42 9410260 39 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 1976 66 18 Interest accrued on bonds per Schedule D part 1 45491 90 24 Total 47468 56 30 Gross assets 9457728 95 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 26652 01 38 Book value of ledger assets over market value viz 465005 48 41 Total admitted assets 8966071 46 VLiabilities 1 Gross losses adjusted and unpaid not yet due 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 receiv ed on that date 3 Gross claims for losses resisted 129026 00 787709 00 32595 00 4 Total 949330 00 5 Deduct reinsurance due or accrued 258641 00 6 Net amount of unpaid losses and claims 690689 00 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 658205751 unearned premiums per recapitulation page 6 column 6 3369726 39ComptrollerGenerals Report Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 18392566 unearned premiums fifty per cent 91962 83 171 30 Total unearned premiums as computed above 3461689 22 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 30000 00 19 Contingent commissions or other charges due or accrued 71498 58 22 Due and to become due for borrowed money 690000 00 26 Total amount of all liabilities except capital 4946376 80 27 Capital actually paid up in cash 400000 00 28 Surplus over all liabilities 3619694 66 29 Surplus as regards policyholders 4019694 66 30 Total liabilities 8966071 46 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 611353890 7056548 34 2 Written or renewed during the year per Income No 5 659722100 7176422 76 3 Excess of original premiums over amount received for reinsurance 222915 15 4 Total 1271075990 14455886 25 5 Deduct those expired and marked off as terminated 601241828 6738105 20 6 In force at the end of the year 669834162 7717781 05 7 Deduct amount reinsured schedule re quired 75731361 951797 88 8 Net amount in force 594102801 6765983 17172 ComptrollerGenerals Report Business in the State of Georgia During 1914 27 Gross risks written 5477288 00 Less 270164500 risks cancelled and 3750000 reinsur ance in companies authorized in Georgia 2739145 00 Net risks written 2738143 00 28 Gross premiums on risks written 70113 19 Less 1943763 return premiums and 57033 premiums for reinsurance in companies authorized in Georgia 20007 96 Net premiums received 50105 23 29 Losses paid deducting salvage 20695 17 Less losses on risks reinsured in companies authorized in Georgia 2701 95 Net losses paid 17993 22 30 Losses incurred 23136 64 Less losses on risks reinsured in companies authorized in Georgia 3016 95 Net losses incurred 20119 69 HAMBURGBREMEN INSURANCE COMPANY OF NEW YORK CITY H N Kelsey United States Manager C A Bickerstaff Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York 200000 00 Ohio 100000 00 5 Amount of ledger assets as per balance Dec 31 of previous year 1948608 74 IIIncome 6 Gross premiums per Item 2 VI 2035662 64ComptrollerGenerals Report 17c Deduct reinsurance premiums fire 576 73388 return premiums 37464277 951376 65 8 Total premiums other than perpetual 1084285 H 12 Gross interest on bonds and dividends on stoeks 69977 50 13 Gross interest on deposits in trust com panies and banks per Schedule N 669 23 14 Gross interest from other sources Gross interest on unlisted assets pet Schedule X 210 00 18 Total gross interest and rents 70856 73 19 Received from home office 10149 60 20 From other sources Borrowed money 50000 10 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 7878 75 30 Total income 1223171 13 IIIDisbursements 1 Gross amount paid policyholders for losses including 11435855 occurring in pre vious years 2 Deduct amount received for salvage fire 1249181 reinsurance fire 329 740 03 discount fire 36997 9 10 11 12 13 14 15 16 17 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency expenses Salaries 5218390 and expenses 2898574 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 566282 printing and stationery 1405080 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 697489 11 26888 73 166717 81 355 96 81169 64 101592 88 18217 31 19713 62 13940 67 739 93 4359 52 5682 65 25372 35 7687 04 5323 67 174 ComptrollerGenerals Eeport 20 State taxes on premiums 35244 72 21 Insurance department licenses and fees 9932 07 22 All other licenses and fees and taxes Federal corporation tax 120739 U S revenue tax 45134 1658 73 State licenses 1655 00 City and county licenses 1671 70 City and county taxes and fees 8114 94 13100 37 23 Remittances to home office 7665 44 Borrowed money repaid 50000 00 Premiums on surety bond to various States and employees 525 51 Exchange 500 65 Subscription to periodicals 403 34 Commercial agency 1603 25 Interest on borrowed money 1689 58 Auditors fees 2441 57 64829 34 36 Agents balances charged off 102 06 38 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 42455 00 39 Total disbursements 1340914 45 IVLedger Assets 4 Book value of bonds 1538413 67 7 Deposits in trust companies and banks on interest per Schedule N 79016 27 8 Agents balances representing business written subsequent to Oct 1 1914 195785 42 9 Agents balances representing business written prior to Oct 1 1914 17650 06 16 Total ledger assets as per balance Item 40 1830865 42 NonLedger Assets 18 Interest on bonds per Schedule D part 1 23000 21 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 40421 33 30 Gross assets 1894286 96ComptbollebGenebals Eepobt Deduct Assets Not Admitted 175 34 Agents balances representing business written prior to Oct 1 1914 17650 06 42 Total admitted assets 1876636 90 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1821500 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 as per Schedule E 15620 00 211640 00 28470 00 255730 00 90725 0O 165005 00 10 15 16 23 24 25 26 27 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 220734233 unearned prem iums per recapitulation page 6 col 6 1116384 75 Total unearned premiums as computed above 1116384 75 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 25W 00 7500 00 Total amount of all liabilities except deposit capital 1316389 75 Deposit capital 200000 00 Surplus over all liabilities 360247 15 Surplus as regards policyholders 560247 15 Total liabilities 1876636 90 VIBisks 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 288922104 3282339 38176 ComptrollerGenerals Kepobt 2 Written or renewed during the year per No 6 page 2 180827342 2035662 64 3 Excess of original premiums over amount received for reinsurance 15247 10 4 Total 469749446 5333249 12 5 Deduct those expired and marked off as terminated 181790988 214117181 6 In force at the end of the year 287958458 3192077 31 7 Deduct amount reinsured schedule re quired 83581468 984734 98 8 Net amount in force 204376990 2207342 33 Business in the State of Georgia During 1914 1 Gross risks written 3421799 00 Less 86797600 risks cancelled and 15927600 reinsur ance in companies authorized in Georgia 1027252 00 Net risks written 2394547 00 2 Gross premiums on risks written 53115 3cS Less 1043585 return premiums and 294617 premiums for reinsurance in companies authorized in Georgia 13382 02 Net premiums received 39733 36 3 Losses paid deducting salvage 21502 29 Less losses on risks reinsured in companies authorized in Georgia 976 19 Net losses paid 20526 10 4 Losses incurred 25132 29 Less losses on risks reinsured in companies authorized in Georgia 976 19 Net losses incurred 24156 10ComptrollerGenerals Report 177 HANOVER FIRE INSURANCE COMPANY OF NEW YORK CITY B Emory Warfield President Joseph MoCord Secretary F A McCarroll Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 10100000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 4715624 99 4 Extended at 4715624 99 IIIncome 5 Gross premiums per Item 2 VI page 6 3570809 01 6 Deduct reinsurance premiums fire 777 71963 return premiums fire 513 80316 1291522 79 7 Total premiums other than perpetual 2279286 22 9 Gross interest on mortgage loans 11 Gross interest on bonds and dividends on stocks less 48403 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources On daily deposit at Chicago office 16 Gross rents from companys property in cluding 1800000 for companys occu pancy of its own buildings 175 00 131611 08 2514 20 141 38 63959 36 17 Total gross interest and rents 198401 02 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1218 75 Total income 2479138 67 IIIDisbursements 1 Gross amount paid policyholders for losses including 252451 59 occurring in pre vious years 1815999 46178 ComptrollerGenerals Eeport 2 Deduct amount received for salvage fire 1213457 reinsurance fire 44360624 discount fire 82571 456566 12 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 9230354 and expenses 3117994 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 1800000 for companys occupancy of its own buildings Advertising 1289592 printing and stationery 19 96390 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 2267 87 Local taxes and licenses 6288 53 Other disbursements Office expenses Commercial agency reports Ins on office furn bond of cashier workingmen compensation Auditing books and 1359432 94 104399 66 459270 04 123483 48 119350 64 25890 94 32859 82 22803 50 1006 57 1561 38 11498 21 13214 OS 22976 16 43871 22 24129 90 14976 10 48822 67 22387 68 8556 40 L 4395 35 2655 25 737 25 l70O 00 9487 85 34 Paid stockholders for interest or dividends amount de clared during the year 12500000 125000 00 38 Agents balances charged off 1180 25 39 Gross losses on sale or maturity of ledger assets viz Stocks per Schedule D 45536 50 41 Total disbursements 2641695 99ComptrollerGenerals Report 179 IVLedger Assets 1 Book value of real estate 907956 06 2 Mortgage loans on real estate per Sched ule B first liens 3500 00 4 Book value of bonds 188886309 and stocks 120046189 per Schedule D 3089324 98 5 Cash in companys office 6036 95 6 Deposits in trust companies and banks not on interest per Schedule N 28955 29 7 Deposits in trust companies and banks on interest per Schedule N 136655 39 8 Agents balances representing business written subsequent to Oct 1 1914 375441 10 9 Agents balances representing business written prior to Oct 1 1914 5197 90 16 Total ledger assets as per balance Item 42 4553067 67 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 14 58 18 Interest accrued on bonds per Schedule D part 1 27168 68 23 Bents due on companys property or lease 1967 08 24 Total 29160 34 25 Market value of real estate over book value per Sched ule D 221516 94 30 Gross assets 4803744 95 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 5197 90 38 Book value of ledger assets over market value viz 194171 48 199368 38 41 Total admitted assets 4604375 57 VLiabilities 1 Gross losses adjusted and unpaid 128487 24 2 Gross claims for losses in process of ad180 ComptrollerGenerals Report justment or in suspense plus 4243141 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date Gross claims for losses resisted 228239 33 42988 24 4 5 Total 399714 81 Deduct reinsurance due or accrued 128288 41 Net amount of unpaid losses and claims Gross premiums less reinsurance received and receivable upon all unexpired fire risks 503588161 unearned premiums per recapitulation page 6 column 6 2544976 18 271426 40 10 17 18 19 23 26 27 28 Total unearned premiums as computed above 2544976 18 Salaries rents expenses bills accounts fees etc due or accrued 8730 50 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 45000 00 Contingent commissions or other charges due or accrued 6300 98 All other liabilities viz Rents paid in advance 2325 50 Total amount of all liabilities except capital 2878759 56 Capital actually paid up in cash 1000000 00 Surplus over all liabilities 725616 01 29 Surplus as regards policyholders 1725616 01 30 Total liabilities 4604375 57 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31 day of December as per line 5 under this heading in last years statement 606281105 6187765 20 Written or renewed during the year per Income No 5 340680827 3570809 01 Excess of original premiums over amount received for reinsurance 719 65 Totals 946961932 9759293 86 Deduct those expired and marked off as terminated 342339605 3649341 00 6 In force at the end of the year 604622327 6109952 86CompteollebGtenebals Bepoet 181 7 Deduct amount reinsured schedule re quired 106768863 1074071 25 8 Net amount in force 497853464 503588161 Business in the State of Georgia During 1914 27 Gross risks written 2524031 00 Less 57206200 risks cancelled and 7311700 reinsur ance in companies authorized in Georgia 645179 00 Net risks written 1878852 00 28 Gross premiums on risks written 42278 62 Less 602479 return premiums and 129217 premiums for reinsurance in companies authorized in Georgia 7316 96 Net premiums received 34961 66 29 Losses paid deducting salvage 28969 53 Less losses on risks reinsured in companies authorized in Georgia 4669 16 Net losses paid 24300 37 30 Losses incurred 38283 90 Less losses on risks reinsured in companies authorized in Georgia 3943 68 Net losses incurred 34340 22 HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN R M Bissell President Fredk Samson Secretary W E Preseott Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance December 31st of previous years 27268554 94 IIIncome 5 Gross premiums per Item 2 VI page 6 23100068 27 6 Deduct reinsurance premiums fire 3 28160150 marine and inland 264182 ComptrollerGenerals Report 25487 return premiums fire 3135 31478 marine and inland 21549687 6896668 02 7 Total premiums other than perpetual 16203400 25 9 Gross interest on mortgage loans per Schedule B 21050 72 10 Gross interest on collateral loans per Schedule C 421 18 11 Gross interest on bonds and dividends on stocks less 560002 accrued interest on bonds acquired during 1914 per Sched ule D 951406 16 12 Gross interest on deposits in trust companies and banks per Schedule N 14408 48 13 Gross interest from all other sources On agency balances 910 27 On deposit with underwriters boards 6 30 16 Gross rents from companys property in cluding 20000 for companys occu pancy of its own buildings 40612 79 17 Total gross interest and rents 1029 815 90 18 From other sources Conscience money i563 85 20 Dividend on Ontario bank stock 650 00 Old checks 247 12 Premiums on exchange of bonds 375 00 Sale of rights Southern Pacific stock 1 58 25 From agents balances previously charged off 7486 83 26 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 159 76 Bonds per Schedule D 34224 50 Stocks per Schedule D 1662 50 28 Total income 17279587 29 IIIDisbursements 1 Gross amount paid policyholders for losses including 143575163 occurring in previous years 11545603 85 2 Deduct salvage fire 16365641 marine and inland 1401649 reinsurance fire 199966331 marine and inland 201 89373 2379229 94 3 Net amount paid policyholders for losses 9166373 91ComptbolleeGenebals Eepoet 183 4 Expenses of adjustment and settlement of losses g 217264 70 5 Commissions or brokerage 7 Salaries 51975425 and expenses 30520797 of special and general agents 8 Salaries fees and all other charges of offers directors trustees and home office employees 9 Rents including 20000 for companys occupancy of its own buildings at isl 311 50 printing and stationery iai 10 Advertising ltiaiiov pxuiu 259 204 82 89332 10849128 11 Postage telegrams telephone and express 12 Legal expenses 33g3 40 13 Furniture and fixtures 3 6g2 97 14 Maps including corrections i275417 92 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assessments g fees taxes and expenses 68200 08 17 Inspections and surveys 60344 54 18 Repairs and expenses other than taxes on real estate 60344 19 Taxes on real estate 292209 33 20 State taxes on premiums 6178g 57 21 Insurance department licenses and fees 22 All other licenses fees and taxes 10680 30 Federal corporation tax 12g 33g 4Q State tax on capital stock 4oo75 53 County and municipal taxes and fees gg Custom duties and foreign licenses and fees 23 Other disbursements 10159 93 Pensions paid to employees 0g44 6Q Commercial ratings 8 123 92 Interest on reserve held for reinsurance companies Water ice and toilet supplies 3513 gQ Insurance on companys property and interests Newspapers and periodicals 5 833 18 Rental computing machines V 800 000 00 34 Paid stockholders for interest or dividends 37 Decrease in liabilities during the year on account of rein surance treaties 3607 08 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 32796 49 Stocks per Schedule D 40 Groes decrease by adjustment in book value of ledger as sets viz Bonds per Schedule D 1 g Stocks per Schedule D 16650099 32 41 Total disbursements 184 ComptrollerGenerals Eeport IVLedger Assets 1 Book value of real estate per Schedule A 724658 99 2 Mortgage loans on real estate per Sched ule B first liens 394500 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 30000 00 4 Book value of bonds 1917426826 and stocks 316340344 per Schedule D 22337671 70 5 Cash in company g office 802 80 6 Deposits in trust companies and banks not on interest per Schedule N 12667 47 7 Deposits in trust companies and banks on interest per Schedule N 1508196 55 8 Agents balances representing business writ ten subsequent to October 1 1914 2765076 46 9 Agents balances representing business writ ten prior to October 1 1914 114652 47 11 Bills receivable taken for fire risks 9816 47 16 Total ledger assets as per balance Item 42 27898042 91 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 4474 68 18 Interest accrued on bonds per Schedule D Part 1 260617 18 19 Interest accrued on collateral loans per Schedule C Part 1 675 00 24 Total 265766 86 25 Market value of real estate over book value per Sched A 3341 01 30 Gross assets 28167150 78 Deduct Assets not Admitted 34 Agents balances representing business written prior to October 1 1914 114652 47 38 Books value of ledger assets over market value viz Bonds and stocks 1098398 85 41 Total admitted assets 26 954 Q99 46 VLiabilities 1 Gross losses adjusted and unpaid not yet due 513457 03CompteolleeGeneeals Eepoet 185 2 Gross claims for losses in process of ad justment or in suspense plus 10000 re serve for losses incurred prior to De cember 31st of which no notice had been received on that date 1391618 12 3 Gross claims for losses resisted 173681 65 4 Total 2078756 80 5 Deduct reinsurance due or accrued 424486 46 6 Net amount of unpaid losses and claims 1654270 34 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks 29124859 56 unearned prem iums per recapitulation page 6 col 6 14923510 18 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 65598610 unearned premiums fifty per cent 327943 65 10 Total unearned premiums as computed above 15251453 23 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 23 All other liabilities viz Due treaty companies for cash advanced on loss account Special reserve 25000 00 250000 00 30000 00 35727 77 164545 00 500000 00 26 Total amount of all liabilities except capital 17910996 34 27 Capital actually paid up in cash 2000000 00 28 Surplus over all liabilities 7043103 12 29 Surplus as regards policyholders 9043103 12 30 Total liabilities 26954099 46186 ComptrollerGenerals Report HOME INSURANCE COMPANY OF NEW YORK CITY Elbridge G Snow President Charles L Tyner Secretary Chas W Phillips Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 6000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 35143927 67 4 Extended at 35143927 67 IIIncome Fire Marine and Inland 5 Gross premiums per Item 2 VI page 622207077 81 1431027 67 6 Deduct reinsurance prem iums fire 458030309 marine and inland 379 93015 return premiums fire 315567856 ma rine and inland 262 63710 773598165 642567 25 7 Total premiums other than perpetual 14471096 16 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 30809 48 accrued interest on bonds acquired during 1914 per Schedule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Miscellaneous including interest on agents balances 788460 42 15259550 58 597 32 1483713 90 32022 44 2981 99 17 Total gross interest and rents 1519315 65 18 From other sources profit and loss items Income from unlisted securities 417 82 Conscience money 769 00 1183 82ComptrollerGenerals Report 187 24 Increase in liabilities during the year on account of re insurance treaties 436oo 61 25 From agents balances previously charged off 186 ol 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 44840 15 Stocks per Schedule D 26538 50 71378 65 28 Total income 17289280 5S IIIDisbursements Fire 1 Gross amount paid policy holders for losses in cluding 131115678 oc curring i n previous years 10392758 71 2 Deduct amount received for salvage fire 6839247 marine and inland 28 92214 reinsurance fire 240300347 marine and inland 21173746 2471395 94 Marine and Inland 599346 03 240659 60 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 20 Net amount paid policy holders for losses 7921362 77 358686 43 Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency ex penses Salaries 36845800 and expenses 16275943 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 8601727 printing and stationery 265 32326 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 8280049 20 201797 42 3025432 52 3723 51 531217 43 523431 80 156833 56 351340 53 114118 69 4866 29 23445 46 24439 98 140645 97 49429 40 107278 52 336479 19188 ComptrollerGenerals Eeport 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 14605 33 Federal stamp tax 3832 40 23 Other disbursements Traveling expenses other than Item 7 Exchange Lunch for officers and home office em ployees Miscellaneous Employers liability insurance premiums 6865 93 23986 49 45178 64 329 82 3086 27 75440 30 18437 7 7P447 15 34 Paid stockholders for interest or dividends 1200000 00 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 10375 00 Stocks per Schedule D 65367 58 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 4399 83 75742 58 20641 25 41 Total disbursements 15348638 31 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 5500 00 4 Book value of bonds 1777406339 and stocks 14045950 28 per Schedule D 31820013 67 6 Deposits in trust companies and banks not on interest per Schedule N 2137016 95 7 Deposits in trust companies and banks on interest per Schedule N 24163 03 8 Agents balances representing business written subsequent to October 1 1914 2857845 96 9 Agents balances representing business written prior to Oct 1 1914 134057 01 11 Bills receivable taken for fire risks 105973 27 16 Total ledger assets as per balance Item 42 37084569 8918 24 30 34 35 41 1 9 ComptrollerGeneeals Beport 189 NonLedger Assets Interest accrued on bonds per Schedule D Part 1 250635 00 Total 250635 00 Gross assets 37335204 89 Deduct Assets Not Admitted Agents balances representing business written prior to Oct 1 1914 134057 01 Bills receivable past due taken for marine inland and fire risks 105973 27 Book value of ledger assets over market value viz Stocks 954885 28 Bonds 26750 06 2021665 62 Total admitted assets 35313539 27 VLiabilities Gross losses adjusted and unpaid not yet due 31614600 Gross claims for losses in process of ad justment or in suspense plus 1000 00000 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 2042923 10 Gross claims for losses resisted 108914 00 Total 2467983 10 Deduct reinsurance due or accrued 913598 31 Net amount of unpaid losses and claims 1554384 79 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 2665338000 unearned premiums per recapitulation page 6 column 6 13838497 00 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 67484600 unearned premiums fifty per cent 337423 00190 ComptrollerGenerals Report 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 9210400 unearned premiums 100 per cent 92104 00 10 Total unearned premiums as computed above 14268024 00 17 Salaries rents expenses bills accounts fees etc due or accrued 100000 00 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 250000 00 20 Funds held under reinsurance treaties 437656 32 23 All other liabilities viz Reserve as conflagration surplus 2000000 00 26 Total amount of all liabilities except capital 18610065 11 27 Capital actually paid up in cash 6000000 00 28 Surplus over all liabilities 10703474 16 29 Surplus as regards policyholders 16703474 16 30 Total liabilities 35313539 27 VIRisks and Premiums 1 In force on the 31st day of Dec as per line 6 under this heading in last years statement 2979109708 28767988 00 2 Written or renewed during the year per Income No 5 2260585423 22207077 81 3 Excess of original premiums over amount received for reinsurance 261371 00 4 Total 5239695131 51236436 81 5 Deduct those expired and marked off as terminated 1969827695 20053086 81 6 In force at the end of the year 3269867436 31183350 00 7 Deduct amount reinsured schedule re quired 514356646 4529970 00 8 Net amount in force 2755510790 26653380 00 Business in the State of Georgia During 1914 27 Gross risks written 21314763 00 Less 384855500 risks cancelled 3802515 00 Net risks written 17512248 00ComptrollerGenerals Report 191 28 Gross premiums on risks written 340695 95 Less 4458201 return premiums 44464 51 Net premiums received 296231 44 29 Losses paid deducting salvage 144509 28 30 Losses incurred 157286 04 INSURANCE COMPANY OF NORTH AMERICA OF PHILADELPHIA PA Eugene L Ellison President T Houard Wright Secretary Ian B Harris Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 4000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 18279007 67 4 Extended at 18279007 67 IIIncome 5 Gross premiums per Item 2 VI page 6 13510868 47 6 Deduct reinsurance premiums fire 1166 28724 marine and inland 85152599 return premiums fire 124031663 ma rine and inland 55451501 3812644 87 7 Total premiums other than perpetual 9698223 60 8 Deposit premiums written on perpetual risks gross 12444 59 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 892774 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Branch office bank balances Deferred settlements 12347 28 678869 SO 18505 42 226 67 3 00 192 ComptrollerGenerals Eeport 16 Gross rents from companys property in eluding 1000000 for companys occu pancy of its own buildings 14480 50 17 Total gross interest and rents 724432 oi 18 From other sources Perpetual permits transfer fees and earned deposits 2784 16 Borrowed funds 200000 00 25 From agents balances previously charged off 318 83 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 8835 08 28 Total income 10647039 23 IIIDisbursements 1 Gross amount paid policyholders for losses 7368610 35 2 Deduct amount received for salvage fire 2713299 marine and inland 356 21636 reinsurance fire 77333922 ma rine and inland 63048506 1787173 63 10 11 12 13 14 15 16 17 18 19 20 21 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 34972901 and expenses 13952199 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents including 1000000 for companys occupancy of its own buildings Advertising 2930022 printing and stationery 71 89261 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys Bepairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and fees 5581436 72 104255 35 1824353 35 298437 71 489251 00 206217 69 51817 44 101192 83 60301 59 8951 09 10097 97 17943 73 74884 03 33920 39 49719 65 2726 00 3226 7d 185680 36 39271 80ComptrollerGenerals Report 193 22 All other licenses fees and taxes Federal corporation tax 746013 Federal stamp tax 195220 9412 33 Arkansas franchise tax 200 00 Pennsylvania tax on capital stock 22308 71 Municipal licenses 16391 93 23 Other disbursements Janitor and engine room expenses 1fil 37 Heat and light 1778 49 Employees lunches 7161 45 Registration of stock 100 00 1 011 20 Subscriptions duil Expenses on mortgage loans 65 00 Contribution to gratuity and relief fund 2o000 00 Borrowed funds repaid 200000 00 Interest paid on borrowed funds i258 33 33 Deposit premiums returned 19242 47 34 Paid stockholders for interest or dividends amount de clared during the year 48000000 480000 00 38 Agents balances charged off 2715 37 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 157 50 40 Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 2194 10 41 Total disbursements 9935692 66 IVLedger Assets 1 Book value of real estate 235300 00 2 Mortgage loans on real estate per Schedule B first liens 222025 00 4 Book value of bonds 1318547150 and stocks 233282748 per Schedule D 15518298 98 5 Cash in companys office 950 58 6 Deposits in trust companies and banks not on interest per Schedule N 25000 00 7 Deposits in trust companies and banks on interest per Schedule N 1206786 59 8 Agents balances representing business written subsequent to October 1 1914 1639231 05 9 Agents balances representing business written prior to Oct 1 1914 22566 47 10 Bills receivable taken for marine and in land risks 308 42 11 Bills receivable taken for fire risks 103887 15 16 Total ledger assets as per balance Item 42 18990354 24194 ComptrollerGenerals Keport NonLedger Assets 17 Interest due 3000 and accrued 1 78400 on mortgages per schedule B 1814 00 18 Interest accrued on bonds per Schedule D part 1 159513 44 30 Gross assets 19151681 68 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 22566 47 35 Bills receivable past due taken for marine inland and fire risks 144 00 38 Book value of ledger assets over market value viz Bonds and stocks 693184 82 Market value of special deposits in excess of corresponding liabilities 125071 29 VLiabilities 1 Gross losses adjusted and unpaid 213491 23 2 Gross claims for losses in process of ad justment or in suspense plus 5000000 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 1658022 61 3 Gross claims for losses resisted 40112 42 4 Total 1911626 26 5 Deduct reinsurance due or accrued 171977 29 6 Net amount of unpaid losses and claims 1739648 97 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1241182443 unearned premiums per recapitulation page 6 column 6 6376176 30 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 79876946 unearned premiums fifty per cent 399384 73 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 64273143ComptrollerGenerals Report unearned premiums 50 and 100 per 195 cent 358865 72 10 Total unearned premiums as computed above 7134426 15 11 Amount reclaimable by the insured on perpetual fire in surance policies being 90 and 95 per cent of the prem 5 714440 4o ium or deposit received 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 Contingent fund 26 Total amount of all liabilities except capital 10310715 1 27 Capital actually paid up in cash 28 Surplus over all liabilities 4000000 00 29 Surplus as regards policyholders 30 Total liabilities VIRisks and Premiums 8000000 00 18310715 10 Fire Bisks Premiums Thereon 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 2 Written or renewed during the year per Income No 5 1365069168 15262411 97 1817690711 13510868 47 4 Total 3182759879 28773280 44 6 Deduct those expired and marked off as terminated 6 In force at the end of the year 1464375138 15572953 80 7 Deduct amount reinsured schedule re quired 8 Net amount in force71299019 13853325 32 9 Perpetual risks not included above 3041140721 de posit premiums on same 78846665 Business in the State of Georgia During 1914 89577 71 27 Gross risks written Less 200133200 risks cancelled and 110709000 rein suranee in companies authorized in Georgia 31084 Net risks written 5849349 00196 ComptrollerGenerals Beport 28 Gross premiums on risks written 118672 04 Less 2216416 return premiums and 1448718 premiums for reinsurance in companies authorized in Georgia 36651 34 Net premiums received 82020 70 29 Losses paid deducting salvage 87491 35 Less losses on risks reinsured in companies authorized in Georgia 18087 59 Net losses paid 69403 76 30 Losses incurred 90066 04 Less losses on risks reinsured in companies authorized in Georgia 19080 50 Net losses incurred 70985 54 INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA OF PHILADELPHIA PA Gustavus Eemak Jr President John T P Rodgers Secretary D I llelntyre Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets as per balance December 31st of previous years 4206039 56 IIIncome 5 Gross premiums per Item 2 VI page 6 3760846 91 6 Deduct reinsurance premiums fire 859 04462 marine and inland 2031129 return premiums fire 77615916 ma rine and inland 18254009 1838055 16 7 Total premiums other than perpetual 1922791 75 8 Deposit premiums written on perpetual risks gross 5554 85 9 Gross interest on mortgage loans per Schedule B 2701 36 11 Gross interest on bonds and dividends on stocks per Schedule D 139479 12 12 Gross interest on deposits in trust com panies and banks per Schedule N 860 34CompteoeleeGenebals Kepobt 197 13 Gross interest from all other sources Underwriters Association deposit 3 15 15 Perpetual policy deposit 16 Gross rents from companys property in cluding 9000 for companys occupancy of its own buildings 27671 07 17 Total gross interest and rents Ico st 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz o u t i 400 00 Seal estate per Schedule A Bonds per Schedule D 50 00 Stocks per Schedule D 2101956 03 28 Total income v IIIDisbursements Gross amount paid policyholders for losses including 398053 92 occurring in pre vious years Deduct amount received for salvage fire 2073455 marine and inland 2000 10 reinsurance fire 56644433 marine and inland 47154 discount fire 571 1926111 11 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commission or brokerage 6 Allowances to local agencies for miscellaneous agency ex penses 7 Salaries 3767488 and expenses 2452373 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 331477 printing and stationery 793824 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 Bepairs and expenses other than taxes on real estate 19 Taxes on real estate 1335889 06 41194 67 466291 37 6900 34 62198 61 103672 46 9000 00 11253 01 6004 31 756 47 352 40 6220 04 19469 69 14655 68 10564 37 15173 00 6996 10198 ComptrollerGenerals Report 20 State taxes on premiums 44442 68 21 Insurance department licenses and fees 15084 24 22 All other licenses fees and taxes Emergency revenue stamp tax 563 83 23 Other disbursements Registration of stock certificates 52 09 Fidelity bond 222 98 Safe deposit box 250 00 Ice and water 246 96 Sale of mortgage 24 00 Traveling expenses 6189 35 Interest on borrowed money 707 88 Conflagration indemnity 1000 00 Redemption of American Fire Insurance Co San Francisco script 25272 18 33 Deposit premiums returned 17625 87 34 Paid stockholders for interest or dividends 60003 50 38 Agents balances charged off 14362 59 39 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 1575 00 Bonds per Schedule D 6820 18 Stocks per Schedule D 153 40 41 Total disbursements 2311188 31 IVLedger Assets 1 Book value of real estate per Schedule A 402843 73 2 Mortgage loans on real estate per Sched ule B first liens 67800 00 4 Book value of bonds 170202334 and stocks 124478099 per Schedule D 2946804 33 5 Cash in companys office 19802 39 7 Deposits in trust companies and banks on interest per Schedule N 129406 71 8 Agents balances representing business writ ten subsequent to October 1 1914 417733 70 9 Agents balances representing business written prior to October 1 1914 10875 17 12 Other ledger assets viz Deposit reclaim able on perpetual policies 1541 25 16 Total ledger assets as per balance Item 42 NonLedger Assets 3996807 28 17 Interest accrued on mortgages per Sched ule B 1056 92ComptrollerGeneral s Report 199 18 Interest accrued on bonds per Schedule D Part 1 25315 05 23 Bents accrued on companys property or lease 108 32 24 Total 2648029 27 Other nonledger assets viz Claim against American Un ion Fire Insurance Co of Philadelphia 1408080 at 50 per cent as approved by Pennsylvania Insurance De F 7040 40 partment 30 Gross assets 4030327 97 Deduct Assets not Admitted 34 Agents balances representing business written prior to October 1 1914 10875 17 38 Book value of ledger assets over market value viz Bonds and stocks 192412 58 Real estate 35844 30 41 Total admitted assets 3791195 92 VLiabilities Gross losses adjusted and unpaid not yet due 5568919 2 Gross claims for losses in process of adjust ment or in suspense plus 10000 reserve for losses incurred prior to December 31st of which no notice had been re ceived on that date 282506 89 3 Gross claims for losses resisted 57963 81 4 Total 396159 89 5 Deduct reinsurance due or accrued 126723 31 6 Net amount of unpaid losses and claims 269436 58 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 284816551 unearned prem iums per recapitulation page 6 col 6 1449391 07 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 350 29502 unearned premiums fifty s 175746 05 per cent 200 ComptrollerGeneral s Eeport 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks unearned premiums 100 per cent 11334 18 10 Total unearned premiums as computed above 11 Amount reclaimable by the insured on perpetual fire insur ance policies being 90 and 95 per cent of the premium or deposit received 16 Dividends declared and unpaid to stockholders 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 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 325316 04 1636471 30 522378 09 969 55 1624 36 35000 00 2465879 88 29 Surplus as regards policyholders 30 Total liabilities 1325316 01 3791195 92 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 401768756 81 4736896 46 2 Written or renewed during the year per Income No 5 296188855 25 3760846 91 4 Total 697957612 06 8497743 37 5 Deduct those expired and marked off as terminated 320019998 56 4128236 04 6 In force at the end of the year377937613 50 4369507 33 7 Deduct amount reinsured schedule re quired 97898969 70 1159712 62 8 Net amount in force 280038643 80 3209794 71 9 Perpetual risks not included above 23 589005 deposit premiums on same 57382038ComptrollerGenebals Eepoet 201 Business in the State of Georgia During 1914 27 Gross risks written 3202330 33 Less 99177373 risks cancelled and 75196080 reinsur ance in companies authorized in Georgia 1743734 53 Net risks written 1458595 80 28 Gross premiums on risks written 48963 41 Less 1267596 return premiums and 1196791 premiums for reinsurance in companies authorized in Georgia 24643 87 Net premiums received 24319 54 29 Losses paid deducting salvage 27959 97 Less losses on risks reinsured in companies authorized in Georgia 12650 52 Net losses paid 15309 45 30 Losses incurred 22044 75 Less losses on risks reinsured in companies authorized in Georgia 9345 16 Net losses incurred 12699 59 LIVERPOOL LONDON GLOBE ENGLAND NEW YORK CITY Manager in the IT S Heriry W Eaton Deputy Manager George W Hoyt B P Walker Jr Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 14651281 98 4 Extended at 14651281 98 IIIncome 5 Gross premiums per item 2 VI page 6 15776535 46 6 Deduct reinsurance premiums fire 2738 01216 marine and inland 30351621202 ComptbollerGenekals Eepokt return premiums fire 393558402 ma rine and inland 13187400 7108986 39 9 10 11 12 13 16 17 18 Total premiums other than perpetual 8667549 07 Deposit premiums written on perpetual risks gross 2525 55 Gross interest on mortgage loans per Schedule B 157661 30 Gross interest on collateral loans per Schedule O 6 00 Gross interest on bonds and dividends on stocks less 297849 accrued interest on bonds acquired during 1914 per Sched ule D 273788 30 Gross interest on deposits in trust com panies and banks per Schedule N 24464 27 Gross interest from all other sources Interest on farm notes 1197 07 Gross rents from companys property in cluding 3125000 for companys occu pancy of its own buildings 123058 62 Total gross interest and rents From other sources Received from home office Premiums on life policies in force 580175 56 35122 19 160 68 26 27 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 35282 87 2908 27 2884 61 Total income 9291325 93 IIIDisbursements 1 Gross amount paid policyholders for losses including 107251065 occurring in previous years 7850991 2 Deduct amount received for salvage fire 8876418 marine and inland 10 23546 reinsurance fire 257906688 marine and inland 7072323 2748789 75 3 Net amount paid policyholders for losses 5102207 29 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 1750311 77ComptrollerGenerals Keport 203 6 Allowances to local agencies for miscellaneous agency ex penses 7 Salaries 15329627 and expenses 9421708 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 3125000 for companys occupancy of its own buildings 10 Advertising 5215666 printing and stationery 60 50061 11 Postage telegrams telephone and express 12 Legal expenses 5 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 15081 53 Local taxes 55765 36 23 Other disbursements Office expenses Life expenditure Revenue tax 37777 73 271 26 801 08 33 Deposit premiums returned 36 Interest paid to scripholders remitted to head office 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 972 61 247513 35 393673 37 65782 80 112657 27 36172 88 3237 61 6384 66 12101 50 121441 61 46198 16 44631 70 56951 53 28718 36 140863 24 21587 33 70846 89 38850 07 4363 00 413654 55 698 38 7683 05 41 Total disbursements IVLedger Assets 1 Book value of real estate 1509598 52 Mortgage loans on real estate per Sched uleB 2961764 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 100 00204 ComptrollerGeneral s Report 4 Book value of bonds 533325147 and stocks 134776508 per Schedule D 6681016 55 3825 69 6 Deposits in trust companies and banks not 117622 30 7 Deposits in trust companies and banks on 1465609 38 8 Agents balances representing business written subsequent to Oct 1 1914 2282617 00 9 Agents balances representing business written prior to Oct 1 1914 86965 18 11 Bills receivable taken for fire risks 3915 39 12 Other ledger assets viz Farm notes 1359 89 16 Total ledger assets as per balance Item 42 15114393 90 NonLedger Assets 17 Interest due 25645 and accrued 33 15581 on mortgages per Schedule B 33412 26 18 Interest accrued on bonds per Schedule D part 1 63704 14 20 Interest accrued on other assets Bank balances 188 90 97305 30 23 Rents accrued on companys property or lease 10000 00 25 Market value of real estate over book value per Sched ule A 137746 11 30 Gross assets 15359445 31 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 86965 18 36 Loans or personal security endorsed or not Farm notes 1359 89 38 Book value of ledger assets over market value viz Bonds 289586 47 Stocks 197915 08 575826 62 41 Total admitted assets 14783618 69ComptrollerGenerals Eeport 205 VLiabilities 1 Gross losses adjusted and unpaid due 9208878 not yet due 1953378 2 Gross claims for losses in process of ad justment or in suspense plus 15349700 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 111622 56 1550279 51 113776 00 4 Total 1775678 07 5 Deduct reinsurance due or accrued 658885 53 6 Net amount of unpaid losses and claims 1116792 54 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1543849704 unearned prem premiums per recapitulation page 6 column 6 8111386 72 S Gtoss premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 67774691 unearned premiums fifty per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 323930 unearned premiums 100 per cent 338873 46 3239 30 10 Total unearned premiums as computed above 11 Amount reclaimable by the insured on perpetual fire in surance policies being 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 otlier taxes based upon the business of the year of this statement 19 Contingent commissions or other charges due or accrued 8453499 48 179434 43 4578 77 3211 85 179946 13 24000 00 26 Total amount of all liabilities except capital 29 Surplus as regards policyholders 9961463 20 4822155 49 30 Total liabilities 14783618 69 206 ComptrollerGeneral s Report VIRisks and Premiums 1 2 4 5 6 7 In force on the 31 day of Bee as per line 6 under this heading in last Written or renewed during the year 2089266369 1517148643 20624703 14632677 39 14 Total 3606415012 1433922559 35257380 14084262 53 69 Deduct those expired and marked off as Deduct amount reinsured schedule re 2172492453 654525486 21173117 5734620 84 00 Net amount in force 1517966967 15438497 84 9 Perpetual risks not included above 686315800 de posit premiums on same 188878 35 Business in the State of Georgia During 1914 27 Gross risks written 21012195 00 Less 525182400 risks cancelled and 367510000 rein surance in companies authorized in Georgia 8926924 00 28 Net risks written 11085271 00 Gross premiums on risks written 320436 82 Less 6286074 return premiums and 605S854 prem iums for reinsurance in companies authorized in Ga 123449 28 29 Net premiums received 196987 54 Losses paid deducting salvage 217523 31 Less losses on risks reinsured in companies authorized in Georgia 60069 74 30 Net losses paid 157453 57 Losses incurred 218850 60 Less losses on risks reinsured in companies authorized in Georgia 52742 31 Net losses incurred 166108 29ComptrollerGenerals Report 207 LIVERPOOL LONDON GLOBE OE NEW YORK NEW YORK CITY Henry W Eaton President George W Hoyt Secretary B P Walker Jr Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 1150462 11 Extended at 1150462 11 IIIncome 5 Gross premiums per item 2 VI page 6 934904 37 6 Deduct reinsurance premiums fire 339 59057 marine and inland 2425447 return premiums fire 19750008 ma rine and inland 3284383 594188 95 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 45417 accrued interest on bonds acquired during 1914 per Sched r 31290 83 ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 340715 42 4210 58 17 Total gross interest and rents 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 28 Total income 35501 41 202 79 376419 62 IIIDisbursements 1 Gross amount paid policyholders for losses including 5626280 occurring in pre v 345528 10 vious years 2 Deduct amount received for salvage fire 590121 reinsurance fire 16930021 marine and inland 1083605 186037 4 3 Net amount paid policyholders for losses All 4 Expenses of adjustment and settlement of losses 4108 0208 ComptrollerGeneral s Report 5 Commissions or brokerage 8 Salaries fee and all other charges of officers directors trustees and home office employees 10 Advertising 165783 printing and stationery 571813 11 Postage telegrams telephone and express 12 Legal expenses 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 954 80 Local taxes 3344 84 23 Other disbursements Exchange 538 54 Mercantile agencies 50 00 34 Paid stockholders for interest or dividends amount de clared during the year 2000000 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 41 Total disbursements 280882 68 IVLedger Assets 52607 31 10045 00 7375 96 1993 48 186 04 3369 97 613 32 1876 11 10729 97 2820 37 4299 64 588 54 20000 00 717 77 4 Book value of bonds 52808979 and stocks 36409253 per Schedule D 892182 32 6 Deposits in trust companies and banks not on interest per Schedule N 27463 61 7 Deposits in trust companies and banks on interest per Schedule N 155836 75 8 Agents balances representing business written subsequent to Oct 1 1914 158981 20 9 Agents balances representing business written prior to Oct 1 1914 11535 17 16 Total ledger assets as per balance Item 42 1245999 05 ComptrollerGenerals Report 209 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 6912 49 30 Gross assets 1252911 54 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 11535 17 38 Book value of ledger assets over market value viz Bonds 22029 79 Stocks 50692 53 84257 49 41 Total admitted assets 1 A68654 05 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 500000 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 5 Deduct reinsurance due or accrued 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 56434596 unearned prem iums per recapitulation page 6 col 6 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 3547732 unearned premiums fifty per cent 103490 00 47950 00 303207 95 17738 66 55540 00 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 320946 61 7500 00 6687 40 210 ComptrollerGenerals Eeport 19 Contingent commissions or other charges due or accrued 10000 00 26 Total amount of all liabilities except capital 400674 01 27 Capital actually paid up in cash 200000 00 28 Surplus over all liabilities 567980 04 29 Surplus as regards policyholders 767980 04 30 Total liabilities 1168654 05 VIRisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 1051695 21 2 Written or renewed during the year per Income No 5 934904 37 4 Total 1986599 58 5 Deduct those expired and marked off as terminated 815855 97 6 In force at the end of the year 1170743 61 7 Deduct amount reinsured schedule required 570920 33 S Net amount in force 599823 28 Business in the State of Georgia During 1914 27 Gross risks written 2167912 00 Less 79398900 risks cancelled and 56149500 rein surance in companies authorized in Georgia 1355484 00 Net risks written 812428 00 28 Gross premiums on risks written 28941 60 Less 829731 return premiums and 739224 premiums for reinsurance in companies authorized in Georgia 15689 55 Net premiums received 13252 05 10681 43 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia S66 65 Net losses paid 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 9814 78 22283 68 5637 88 Net losses incurred 16645 80ComptrollerGenerals Report LONDON ASSURANCE CORPORATION 0 NEV YORK CITY United States Manager Charles L Case s E S Kelly Attorney for Service 211 IDeposit Capital 12 13 14 18 20 Amount of ledger assets as per balanced December 31 39969oo iZ of previous year v IIIncome Fire Marine and Inland Gross premiums per Item 2j VI 3422806 07 1427529 32 Deduct reinsurance prem iums fire 70009354 marine and inland 781 52876 return premiums 57131932 marine and inland 4581624 1271412 86 827345 00 Total premiums other than perpetual 2151393 21 600184 32 2751577 53 Gross interest on bonds and dividends on stocks less 41250 accrued interest on bonds acquired during 1914 per Sched r 141425 30 ule D Gross interest on deposits in trust com panies and banks per Schedule N 4146 4 i 973 Q4 Gross interest from other sources 3 Total gross interest and rents From other sources Income tax collections at the source Received from home office 145845 65 217 26 107046 46 30 From agents balances previously charged off Total income IllDisbursements Fire Marine and Inland Gross amount paid policy holders for losses in 107263 72 11 46 3004698 36212 ComptrollerGenerals Eeport eluding 59408729 oc curring i n previous years 1637618 30 983478 85 2 Deduct amount received for salvage fire 878268 marine and inland 63 31759 reinsurance fire 39356751 marine and inland 56808658 dis count fire 10434 402454 53 631404 17 9 10 11 12 13 14 15 16 17 20 21 22 Net amount paid policy holders for losses 1235163 77 352074 68 Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 4412063 and expenses 4080322 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 788176 printing and stationery 2070i385 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 2006 65 City and county licenses 8147 91 Local taxes and fees 1842 55 Emergency Tevenue stamp tax 859 89 23 Other disbursements Miscellaneous expenses sched attached 13094 38 Remitted to home office 215484 94 33 Deposit premiums returned 36 Agents balances charged off 37 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 1587238 45 37838 05 560481 05 84923 85 169354 08 24515 95 28585 61 20767 88 931 36 433 31 9082 86 33772 Sfi 23061 15 11316 S6 56426 41 12694 70 12857 00 228579 32 1132 40 1367 95 39 Total disbursements 2905961 19ComptrollerGenerals Eeport 213 IVLedger Assets 4 Book value of bonds 322782288 and stocks 5417125 per Schedule D 3281994 13 5 Cash in companys office 5255 32 e Deposit in trust companies and banks not on interest per Schedule N 10977 26 7 Deposits in trust companies and banks on interest per Schedule N 286408 93 8 Agents balances representing business written subsequent to Oct 1 1914 463879 41 9 Agents balances representing business written prior to Oct 1 1914 47187 44 16 Total ledger assets as per balance Item 40 4095702 49 NonLedger Assets 18 Interest accrued on bonds per Schedule D 42636 64 part 1 42636 64 24 Total fiq 88 27 Other nonledger assets viz Loss expenses 4139023 01 30 Gross assets Deduct Assets Not Admitted 214497 41 31 Cash v 34 Agents balances representing business written prior to Oct 1 1914 47187 44 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 17422 3 39 Book value of ledger assets over market value viz Bonds and stocks net 160984 13 440091 01 3698932 00 42 Total admitted assets VLiabilities 1 Gross losses adjusted and unpaid due 2226246 not yet due 1082600 33088 46 2 Grossclaims for losses in process of ad justment or in suspense plus 1032200 reserve for losses incurred prior to Dec214 ComptrollerGenerals Report 31 of which no notice had been receiv ed on that date 749481 00 3 Gross claims for losses resisted 42874 00 4 Total 825443 46 5 Deduct reinsurance due or accrued 289634 06 6 Net amount of unpaid losses and claims 535809 40 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 417122525 unearned prem iums per recapitulation page 6 col 6 2164479 53 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 5415531 unearned premiums fifty per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 15279955 unearned premiums hull and time 10316168 50 per cent 5158085 trip 4963787 100 per cent 4963787 101218 72 27077 65 10 Total unearned premiums as computed above 2292775 90 15 Salaries rents expenses bills accounts fees etc due or accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 20 All other liabilities viz Income tax collections at the source 1750 00 66216 09 15414 52 217 26 23 Total amount of all liabilities except deposit capital 2912183 17 26 Surplus as regards polieyholders 786748 83 27 Total liabilities 3698932 00 VIRisks and Premiums Fire Eisks Premiums Thereon 1 In foTce on the 31 day of December as per line 6 under this heading in last years statement if 2 Written or renewed during the year per I ncoitic No 5 4 Total 464280709 4892722 71 316733700 3422806 07 781014409 8315528 78ComptrollerGenerals Repobt 215 5 Deduct those expired and marked off as terminated G In force at the end of the year 495528112 5171247 24 7 Deduct amount reinsured schedule re 90 quired 405 270 616 4171225 25 8 Net amount in force 4uowuuu Business in the State of Georgia During 1914 1981149 00 1 Gross risks written 322669 00 Less risks cancelled 1658480 00 Net risks written 31160 06 2 Gross premiums on risks written 3 gQl g3 Less return premiums t 27658 13 Net premiums received 16207 76 3 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 16205 16 Net losses paid 22344 76 4 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 22342 53 Net losses incurred LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OP NEW YORK CITY Principal Office in the United States Nos 57 and 59 William St New York N Y United States Manager Archibald G Mcllwaine Jr p W Cole Attorney for Service XDeposit Capital In the austody of State officials for the benefit of all policyholders of the com pany in the United States as follows216 ComptrollerGenerals Eeport New York 415000 00 Ohio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 5102661 04 IIIncome 6 Gross premiums per Item 2 VI 4611692 44 7 Deduct reinsurance premiums fire 1104 90761 marine and inland 3228768 return premiums 760237 96 marine and inland 6130201 1958735 26 8 Total premiums other than perpetual 2652957 18 12 Gross interest on bonds and dividends on stocks 130314 80 13 Gross nteiist on deposits in trust com panies and banks per Schedule N 15030 35 14 Gross interest from other sources On trust funds 11567 60 On agents balances 44 41 17 Gross rents from companys property in cluding 1150000 for companys occu pancy of its own buildings 23369 93 18 Total gross interest and rents 180327 09 19 Received from home office 181280 25 30 Total income 3014564 52 IIIDisbursements 1 Gross amount paid policyholders for losses including 17816923 occurring in pre vious years 2 Deduct amount received for salvage fire 3675206 marine and inland 3 00652 reinsurance fire 5593SCU21 marine and inland 956861 discount fire 39734 1997046 45 3 Net amount paid policyholders for losses 1387940 71 4 Expenses of adjustment and settlement of losses 49100 90 5 Commissions or brokerage 406123 16 6 Allowances to agencies for miscellaneous agency expenses 20044 78 7 Salaries 5959610 and expenses 4998893 of special and general agents 109585 03ComptrollerGenerals Report 217 8 Salaries fees and all other charges of officers directors trustees and home office employees 167494 33 9 Rents including 1150000 for companys occupancy of its own buildings 29633 84 10 Advertising 763223 printing and stationery 26 87656 3450879 11 Postage telegrams telephone and express 20694 91 12 Legal expenses 13 Furniture and fixtures 6vy ol 14 Maps including corrections 9274 b 15 Underwriters boards and tariff associations 41636 52 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses aoo oo 20 498 19 17 Inspections and surveys J 18 Repairs and expenses other than taxes on real estate 12159 64 19 Taxes on real estate 5 20 State taxes on premiums 21 Insurance department licenses and fees 14889 67 22 All other licenses and fees and taxes 5 Q ii x o Federal corporation tax Municipal taxes and fees United States emergency stamp tax 1S05 23 Other disbursements Collections and exchange 11496 53 Miscellaneous expenses 1602 Oo Subscriptions 34 Remitted to home office 580441 a 37 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 13052 39 Total disbursements 3050289 55 IVLedger Assets 1 Book value of real estate 300000 00 4 Book value of bonds 306641034 and stocks 466000 per Schedule D 3071070 34 S Cash in companys office 2l14 90 3 Deposit in trust companies and banks not on interest per Schedule N 4931 55 7 Deposits in trust companies and banks on interest per Schedule N 650574 90 8 Agents balances representing business written subsequent to Oct 1 1914 534255 38 9 Agents balances representing business written prior to Oct 1 1914 32834 61 11 Bills receivable taken for fire risks 1368 01 218 ComptrollerGeneral s Keport 12 Other ledger assets viz Funds deposited with U S Trustee 468598 95 Balances due from other companies 1287 37 16 Total ledger assets as per balance Item 40 5066936 01 Xonledger Assets 18 Interest due 2942750 and accrued 16 45375 on bonds per Schedule D part 1 45881 25 20 Interest accrued 43334 on other assets Bank balances 433 34 24 Total 46314 59 30 Gross assets 5113250 60 Deduct Assets Xot Admitted 31 Cash 65752135 and all investments 27525000 not in control of trustees 932771 35 34 Agents balances representing business written prior to Oct 1 1914 32834 61 35 Bills receivable past due taken for ma rine inland and fire risks 469 20 37 Overdue and accrued interest on bonds in default 2125 00 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 17325 28 39 Book value of ledger assets over market value viz Bonds and stocks 195232 84 Balance due from other companies 883 94 42 Total admitted assets 3931608 38 VLiabilities 1 Gross losses adjusted and unpaid due 3012100 not yet due 720700 37328 00 2 Gross claims for losses in process of ad justment or in suspense plus 666100 reserve for losses incurred prior to DecComptrollerGenerals Report 219 31 of which no notice had been receiv ed on that date 3 Gross claims for losses resisted 23872 04 26550 00 4 Total 30262004 5 Deduct reinsurance due or accrued as per Schedule E 81645 47 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks521916229 unearned prem iums per recapitulation page 6 col 6 2700502 07 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 18100713 unearned premiums fifty per cent 220974 57 90503 56 10 Total unearned premiums as computed above 15 Salaries rents expenses bills accounts fees etc due or accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 2791005 63 2733 94 57275 00 7400 00 23 Total amount of all liabilities except deposit capital 3079389 14 24 Deposit capital 2O000 00 25 Surplus over all liabilities 6o2219 24 26 Surplus as regards policyholders 852219 24 27 Total liabilities 3931608 38 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 year statement 697773116 6595292 19 2 Written or renewed during the year per Income No 5 463235201 4391522 59 4 Tota 1161008317 10926814 78220 ComptrollerGenerals Eeport 5 Deduct those expired and marked off as terminated 439488685 4167694 07 6 In force at the end of the year 721519632 6759120 71 7 Deduct amount reinsured schedule re quired 161014904 1539958 42 8 Net amount in force 560504734 5219162 29 Business in the State of Georgia During 1914 1 Gtoss risks written 6100051 00 Less 143425400 risks cancelled and 21419000 rein surance in companies authorized in Georgia 1648444 00 Net risks written 4451607 00 2 Gross premiums on risks written 68254 37 Less 939909 return premiums and 172699 premiums for reinsurance in companies authorized in Georgia 11126 08 Net premiums received 3 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid 4 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 57128 29 25298 55 1702 24 23596 31 25838 31 1020 82 Net losses incurred 24817 49 LUMBER MUTUAL INSURANCE COMPANY OF BOSTON MASS George W Gale President Harry E Stone Secretary F Wade Vaughan Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 800700 68 Extended at 800700 68 ComptrollerGenerals Report 221 IIIncome 5 Gross premiums per Item 2 VI page 6 5529il2 26 6 Deduct return premiums fire 63241 28 7 Total net premiums other than perpetual 11 Gross interest on bonds less 123070 ac crued interest on bonds acquired during 1914 per Schedule D 30434 38 12 Gross interest on deposits in trust com panies and banks per Schedule N 4583 14 13 Gross interest from all other sources Interest on overdue premiums 61 17 Total gross interest 18 From all other sources From Gale and Stone agents 25 From agents balances previously charged off 26 Gross profit on sale or maturity bf ledger assets viz Bonds per Schedule D 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 28 Total income 489670 98 35018 13 23500 00 9 50 45 02 476 52 548720 15 IIIDisbursements 1 Gross amount paid policyholders for losses including 185163 occurring in pre vious years 2 Deduct amount received for salvage fire 1261 discount fire 52900 176267 42 541 61 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency expenses 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents 10 Advertising 30078 printing and stationery 216928 Id Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 175725 81 780 94 26695 62 2648 03 41927 45 4200 00 2470 06 1231 88 352 29 697 50 342 11 5006 58222 ComptrollerGenerals Eeport 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Various municipal taxes Cal Ga 111 Ind Me Minn O Ore publication of statements Ga 111 Ky N J O Vt Y Va special taxes 23 Other disbursements Subscription to publications Collecting bad bills j 26 Premium on surety bonds and workingmens compensation policy Auditing of accounts Expense of companys meetings Expense of attending various meetings Profit and loss larceny All other disbursements 33a Dividends to policyholders 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 7804 71 1021 25 235 03 65 41 306 54 131 74 287 75 17 30 222 55 550 00 230 70 346 61 722 70 899 47 186686 93 173 69 339 85 288 90 41 Total disbursements 462409 40 IVLedger Assets 4 Book value of bonds 5 Cash in companys office 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 12 Other ledger assets viz Cash in office mileage account 755534 13 644 00 108852 28 21512 45 40 98 427 59 16 Total ledger assets as per balance Item 42 NonLedger Assets 57011 43 18 Interest accrued 10018 93 on bonds per Schedule D part 1 10018 93CompteollerGenerals Report 223 20 Interest on other assets International Trust Co special account 187 50 24 Total 27 Other nonledger assets viz Amount due from Gale and Stone agents Cash held for agency expenses 30 10206 43 12551 13 665 63 Gross assets 910434 62 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 39 Book value of ledger assets over market value 40 Amount due from Gale and Stone agents 40 98 2256 06 33889 13 12551 13 42 Total admitted assets 861697 32 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense 3 Gross claims for losses resisted Total 11911 71 2171 25 14082 96 6 Net amount of unpaid losses and claimsI 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 46435350 unearned prem iums per recapitulation page 6 col 6 232176 75 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 22 All other liabilities viz Reserve for Federal income tax 14082 96 232176 75 681 17 7808 04 20 00 25 Total amount of all liabilities except capital 254768 92224 ComptrollerGenerals Report 27 Surplus over all liabilities 606928 40 28 Surplus as regards policyholders 606928 40 29 Total liabilities 861697 32 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 year s statement 19810579 442290 26 2 Written or renewed during the yeaT per Income No 5 24885693 552912 26 4 Total 44696272 995202 52 5 Deduct those expired and marked off as terminated 23476231 530849 02 6 In force at the end of the year 21220041 464353 50 Business in the State of Georgia During 1914 1 Gross risks written 4S094 67 Less 9356135 Net risks written 394533 32 2 Gross premiums on risks written 14657 59 Less 2414 00 Net premiums received 12243 59 1 Losses paid deducting salvage 3152 73 4 Losses incurred 5010 68 LUMBER UNDERWRITERS OF NEW YORK CITY Attorney in Fact Eugene F Perry Wm A Wright Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 237078 12 Extended at 237078 12ComptrollerGenerals Report IIIncome 5 Gross premiums per Item 2 VI page 6 400870 75 6 Deduct reinsurance premiums fire 154 07435 return premiums fire 113 07506 26714941 225 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 per Schedule N 133721 34 18 Prom other sources Net brokerage received 28 Total income 350 00 3695 54 6029 36 143796 24 IIIDisbursements 1 Gross amount paid policyholders for losses including 6564978 occurring in pre vious years 2 Deduct amount received for salvage fire 176841 reinsurance fire 13940481 278967 69 141173 22 3 Net amount paid policyholders for losses 4 Expense of adjustment and settlement of losses 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents 10 Advertising 12 Legal expenses 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 23 Other disbursements General expense Quarterly audit 730 61 958 14 34 Paid stockholders for interest or dividends amount de clared during the year 3050000 38 Agents balances charged off 137794 47 1543 66 34078 39 1000 00 456 00 2046 59 98 48 1963 46 618 55 41 Total disbursements 1688 75 30500 00 896 62 212684 97226 ComptrollerGenerals Beport IVLedger Assets 4 Book value of bonds 10000 00 6 Deposits in trust companies and banks not on interest per Schedule N 6524 16 7 Deposits in trust companies and banks on interest per Schedule N 100359 39 8 Agents balances representing business written subsequent to Oct 1 1914 49441 86 9 Agents balances representing business written prior to Oct 1 1914 1863 98 16 Total ledger assets as per balance Item 42 NonLedger Assets 18 Interest due on bonds per Schedule D part 1 175 00 24 Total 27 Other nonledger assets viz Atty in fact Dividends on mutual reins due and payable Reins losses due from reinsuring cos 30 34 Agents balances representing business written prior to Oct 1 1914 1863 98 38 Book value of ledger assets over market value viz State Ga Reg 3y2 bonds 500 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 79500 34 168189 39 175 00 786 58 2167 30 13794 66 Gross assets 185112 93 Deduct Assets Not Admitted 2363 98 41 Total admitted assets 182748 95 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense 22056 52 22056 52 10 Total unearned premiums as computed above 79500 34ComptrollerGenerals Keport 227 21 Reinsurance and return premiums due other companies 13976 70 26 Total amount of all liabilities except capital 115533 56 28 Surplus over all liabilities 67215 39 29 Surplus as regards policyholders 67215 39 30 Total liabilities 182748 95 VIRisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last year statement 28475863 390537 55 2 Written or renewed during the year per Income No 5 24593251 400870 75 4 Total 53069114 791408 30 5 Deduct those expired and marked off as terminated 34663798 491029 27 6 In force at the end of the year 18405316 300379 03 7 Deduct amount reinsured schedule re quired 8662745 141378 34 Net amount in force 9742571 159000 69 Business in the State of Georgia During 1914 27 Gross risks written 528015 00 Less 19734700 risks cancelled and 20569500 reinsur ance in companies authorized in Georgia 403042 00 124973 00 risks written v Net ri 28 Gross premiums on risks written 9856 7J Less 277336 return premiums and 383497 premiums for reinsurance in companies authorized in Georgia 6608 33 Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid 3248 45 7584 31 4713 01 2871 30228 ComptrollerGeneral s Eeport 30 Losses incurred 11266 40 Less losses on risks reinsured in companies authorized in Georgia 5932 13 Net losses incurred 5334 27 LUMBERMENS MUTUAL INSURANCE COMPANY OF MANSFIELD OHIO E S Nail President W H G Kegg Secretary Commissioner of Insurance of Georgia Atlanta Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dee 31 of previous years 598643 16 Extended at 598643 16 IIIncome 5 Gross premiums per Item 2 VI page 6 524463 64 6 Deduct reinsurance premiums fire 79967 return premiums fire 66 58293 67382 60 7 Total net premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B less 3750 accrued interest on mortgages acquired during 1914 per Schedule D 11 Gross interest on bonds and dividends on stocks less 12333 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources On overdue premiums On cash in hands of agents 17 Total gross interest and rents 18 From all other sources Losses subrogated 3568 08 19398 17 176 72 17 04 73 19 457081 04 23233 20 111 11ComptrollerGenerals Beport 229 25 From agents balances and premiums previously charged off 103 43 28 Total income 480528 71 IIIDisbursements 1 Gross amount paid policyholders for losses including 69730 occurring in previous years 2 Deduct amount received for salvage fire 1261 discount fire 53264 170853 41 545 25 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 9 10 11 12 15 16 17 18 19 20 21 22 Rents Advertising 245107 printing and stationery 57785 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 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 74 38 Local corporation tax 746 09 23 Other disbursements Traveling expense Directors expenses Office expenses General expense 1533 57 650 19 1937 49 2954 82 34 Paid policyholders for interest or dividends amount de clared during the year 17334494 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 170308 16 961 26 29947 11 28024 11 592 00 3028 92 1164 59 465 32 150 00 1125 30 15512 47 668 51 136 78 6224 53 1232 04 820 47 41 Total disbursements 7076 07 173344 94 84 50 440867 08230 ComptrollerGenerals Eeport IVLedger Assets 1 Book value of real estate 23700 00 2 Mortgage loans on real estate jer Sched ule B first liens 89750 00 4 Book value of bonds 42874315 and stocks 4972500 per Schedule D 478468 15 5 Gash in companys office 70 00 6 Deposits in trust companies and banks not on interest per Schedule N 14961 53 7 Deposits in trust companies and banks on interest per Schedule N 4771 26 8 Agents balances representing business written subsequent to Oct 1 1914 24359 56 9 Agents balances representing business written prior to Oct 1 1914 224 36 12 Other ledger assets viz Cash in branch office of the company 2000 00 16 Total ledger assets per balance Item 42 638304 86 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 1287 70 18 Interest accrued on bonds per Schedule D part 1 4814 60 24 Total 6102 30 26 Miarket value not including interest in item 18 of bonds and stocks over book value per Schedule D 3805 45 30 Gross assets 648212 61 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 224 36 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 5792 14 42 6016 50 Total admitted assets 642196 11 ComptrollerGenerals Beport VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 1000 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 14225 00 3 Gross claims for losses resisted 5500 00 231 4 Total 19725 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired lire risks 44278251 unearned prem iums per recapitulation page 6 col 6 221391 26 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to policyholders 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 22 All other liabilities viz Ret prems due and unpaid to policyholders 25 Total amount of all liabilities except capital 27 Surplus over all liabilities 390325 26 19725 00 221391 26 2927 42 500 00 5000 00 1582 85 744 32 251870 85 28 Surplus as regards policyholders 39032o 26 29 Total liabilities 642196 11 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 19729068 00 2 Written or renewed during the year per Income No 5 24219551 00 422968 32 524463 64 4 Tota 43948619 00 94743196 5 Deduct those expired and marked off as terminated 22942350 00 503850 57 6 In force at the end of the year 21006269 00 443581 39232 COMPTROLLERGrENEBAL s KePORT 7 Deduct amount reinsured schedule re quired 35500 00 798 88 Net amount in force 20970769 00 442782 51 MASSACHUSETTS FIEE AND MARINE INSUEANCE COMPANY OF BOSTON MASSACHUSETTS Everett C Benton President Walter Adlard Secretary James L Dickey Jr Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 1379394 28 4 Extended at 1379394 28 IIIncome 5 Gross premiums per Item 2 VI page 6 marine 46131498 fire 61065325 1071968 23 6 Deduct reinsurance premiums fire 93 19183 marine and inland 8170049 return premiums fire 9810092 ma rine and inland 8289192 355885 16 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 73100 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Interest on Phila Fire Under Deposit 47157 47 1528 50 3 15 716083 07 17 Total gross interest and rents 18 From other sources Eights sold 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D and coupon notes 48689 12 1513 87 1388 45ComptrollerGenerals Report 233 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 28 353 60 Total income 768028 11 IIIDisbursements 1 Gross amount paid polieyholders for losses including marine 1974156 fire 3944529 2 Deduct amount received for salvage fire 316925 marine and inland 557949 reinsurance fire 6861149 marine and inland 5075885 discount fire 5011 541647 02 9 10 11 12 13 14 15 16 17 20 21 22 23 Net amount paid polieyholders for losses 413477 83 Expenses of adjustment and settlement of losses 8843 86 Commissions or brokerage 185443 69 Allowances to local agencies for miscellaneous agency ex 347 30 penses Salaries 1098626 and expenses 303314 of special and general agents 14019 40 Salaries fees and all other charges of officers directors trustees and home office employees 46108 36 t 5544 97 Rents Advertising 174534 printing and stationery 490739 6652 73 Postage telegrams telephone and express 3129 96 Legal expenses Furniture and fixtures 73o 47 Maps including corrections 2446 59 Underwriters boards and tariff associations 6379 71 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 5528 07 1 431 30 Inspections and surveys ox 7 Q75 68 State taxes on premiums Insurance department licenses and fees 3045 All other licenses fees and taxes State fees for entering California 1 00 City taxes and licenses a8 66 State tax for Missouri State tax for Insurance Bd Kentucky 31 71 Other disbursements 229 42 Insurance Underwriters Protective Assn Alfred M Best Co 00 B G Dun Co subscription B G Dun Co foreign reports J 00 298 OZ Miscellaneous Emergency revenue tax 234 ComptrollerGenerals Report 34 Paid stockholders for interest or dividends amount de clared during the year 1500000 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 492 70 Stocks per Schedule D 1513 87 41 15000 00 515 07 2006 57 Total disbursements 731946 19 IVLedger Assets 4 Book value of bonds 75389753 and stocks 43270861 per Schedule D 1186607 14 5 Cash in companys office 1932 36 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 10 Bills receivable taken for marine and in land risks 87575 20 134359 T 4911 73 90 00 16 Total ledger assets as per balance Item 42 1415476 20 NonLedger Assets 18 Interest accrued on bonds per Schedule D Part 1 8095 01 24 Total 8095 01 30 Gross assets 1423571 21 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 38 Book value of ledger assets over market value 4911 73 16115 14 41 Total admitted assets 1402544 34ComptbollebGenebals Eepoet 235 VLiabilities 1 Gross losses adjusted and unpaid marine 1081646 fire 2930225 2 Gross claims for losses in proeess of ad justment or in suspense plus 130200 marine 601300 fire reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 2861400 marine 3959200 fire 40118 71 75521 00 4 Total 115639 71 5 Deduct reinsurance due or accrued ma rine 351123 fire 668633 10197 56 Net amount of unpaid losses and claims 105442 15 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 76180735 unearned prem iums per recapitulation page 6 col 6 403196 47 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 27802497 unearned premiums fifty per cent 139012 49 10 17 18 26 27 28 29 30 Total unearned premiums as computed above Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement Total amount of all liabilities except capital Capital actually paid up in cash 500000 00 Surplus over all liabilities 242831 46 542208 96 1432 35 10629 42 659712 88 742831 46 4 Surplus as regards policyholders Total liabilities 402544 34 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 81719463 812198 42 Written or renewed during the year per Income No 5 60643282 610653 25 Tota 142362745 142285167236 ComptrollerGenerals Eeport 50488028 5 Deduct those expired and marked off as terminated 519429 07 6 In force at the end of the year 91874717 903412 60 7 Deduct amount reinsured schedule re quired 15137915 141605 25 8 Net amount in force 76736802 761807 35 Business in the State of Georgia During 1914 27 Gross risks written 1181725 00 Less 18531500 risks cancelled and 15187300 rein surance in companies authorized in Georgia 337188 00 Net risks written 28 Gross premiums on risks written Less 240883 return premiums and 168999 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 844537 00 18128 92 4098 82 14030 10 16670 51 1693 94 14976 57 18515 39 1693 94 16821 45 MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF PROVIDENCE R I Henry T Grant President Alfred IT Eddy Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of guaranty capital paid up in cash 267705 21ComptrollerGenerals Report IIIncome 237 5 Gross premiums per Item 2 VI page 6 e Deduct 284918 77 22874 02 7 Total net premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 35350 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 16 Gross rents from companys property 262044 75 12904 00 324 86 850 00 17 Total gross interest and rents 18 From all other sources Final dividend in liquidation E I National Bank Borrowed money 26 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 14078 86 601 20 10000 00 100 00 28 Total income 286824 81 IIIDisbursements 1 Gross amount paid polieyholders for losses including 187000 occurring in pre vious years 00 94 3 Net amount paid polieyholders for losses 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents 10 Advertising 16120 printing and stationery 104761 11 Postage telegrams telephone and express m 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 Office and miscellaneous 15000 94 6935 00 2181 20 1208 81 1188 81 135 98 4047 12 2559 62 972 78 24 64 713 66 100 00 404 19 238 ComptrollerGeneral s Eeport Travel Interest on loan 33 Deposit premiums returned 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Book value of bonds 8024310 and stocks 17042700 per Schedule D 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 3400 00 259670 10 14107 51 9958 55 Total ledger assets as per balance Item 42 NonLedger Assets 18 Interest on bonds per Schedule D part 1 19 Interest on collateral loans per Schedule C part 1 128 75 00 24 30 Total Gross assets 1734 82 676 93 219509 36 41 Total disbursements 267393 86 IVLedger Assets 287136 16 1361 25 288497 41 Deduct Assets Not Admitted 39 Book value of ledger assets over market value i 42 Total admitted assets 29490 10 259007 31 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 12000 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1320 00 151463 51 1320 00 10 Total unearned premiums as computed above 151463 51ComptrollerGenerals Eeport 239 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 Due and to become due for borrowed money 186 00 3200 00 10000 00 25 Total amount of all liabilities except capital 166169 51 27 Surplus over all liabilties 92837 80 29 Total liabilities 259007 31 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 statement 33060681 283699 83 2 Written or renewed during the year per Income No 5 33288338 284918 77 4 Total 66349019 568618 60 5 Deduct those expired and marked off as terminated 31130049 268273 55 Net amount in force 35218972 300345 05 Business in the State of Georgia During 1914 931441 00 as written 1 Gross risk Less risks cancelled Net risks written 371590 00 559851 00 2 Gross premiums on risks written Less return premiums 7696 24 1256 72 Net premiums received 3 Losses paid deducting salvage 4 Losses incurred 6439 52 1994 15 1070 39240 ComptrollerGenerals Report MILWAUKEE MECHANICS INSURANCE COMPANY OF MILWAUKEE WISCONSIN William L Jones President Oscar Greebling Secretary William H Hill 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 years 4398410 46 4 Extended at 4398410 46t IIIncome 5 Gross premiums per Item 2 VI page 6 6 Deduct reinsurance premiums fire 447 09104 return premiums fitre 490 40081 2864302 12 7 Total premiums other than perpetual 1926810 27 9 Gross interest on mortgage loans per Schedule B 89272 10 11 Gross interest on bonds and dividends on stocks less 16563 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources 14 Underwriters Salvage Co dividend 4000 underwriters deposit int 1030 50 30 16 Gross rents from companys property in cluding 133333 for companys occu pancy of its own buildings 1803 83 93984 93 2349 77 457 89 17 Total gross interest and rents 18 From other sources Borrowed money 187918 82 50000 00 25 From agents balances previously charged off 50000 00 87 90ComptrollerGenerals Keport 241 26 Gross profit on sale or maturity of ledger assets viz Eeal estate per Schedule A 10500 00 Bonds per Schedule D 181 25 10681 25 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 7280 00 7280 00 28 Total income 2182778 24 IIIDisbursements 1 Gross amount paid policyholders for losses including 13619168 occurring in pre vious years 2 Deduct amount received for salvage fire 1086784 reinsurance fire 314 61361 discount fire 105798 1615329 01 326539 43 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 5675912 and expenses 3786228 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 133333 for companys occupancy of its own buildings Advertising 176189 printing and stationery 1408262 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 1830 28 i 4114 19 Municipal taxes 1288789 58 38098 46 447913 35 94621 40 100604 14 11301 71 15844 51 18787 75 440 85 7536 26 5611 33 4258 92 22389 86 25326 38 14 76 1517 02 56894 68 17696 19 242 ComptrollerGeneral s Report Municipal licenses 5806 52 Tederal stamp duty 241 73 11992 72 23 Other disbursements Expense on securities 106 25 Exchange 190810 insurance prem iums 24802 2156 12 Heating lighting and cleaning office etc 2204 40 Auditing 140075 newspaper subscrip tions 15512 1555 87 Mercantile agencies 127788 surety bonds 45850 meals 49610 2232 48 Donations 2700 entertaining agents 47553 funeral expenses 1700 519 53 Tabulating machine 49347 business assn 50000 moving exp 1020 74 Borrowed money 50000 00 Interest on borrowed money 295 83 60091 22 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 1106 44 38 Agents balances charged off 10199 51 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 45952 00 41 Total disbursements 2406989 04 IVLedger Assets 1 Book value of real estate 27300 00 2 Mortgage loans on real estate per Sched ule B first liens 1719784 96 4 Book value of bonds 179827750 and stocks 4444000 per Schedule D 1842717 50 5 Cash in companys office 13064 68 7 Deposits in trust companies and banks on interest per Schedule N 224707 47 8 Agents balances representing business written subsequent to Oct 1 1914 337822 53 9 Agents balances representing business written prior to Oct 1 1914 7221 35ComptrollerGenerals Report 243 12 Other ledger assets viz Deposit Mil Board of Fire Und 100 00 Due from Munich Reins Co M01 17 16 Total ledger assets as per balance Item 42 4174199 66 NonLedger Assets 17 Interest due 137452 and accrued 27 11544 on mortgages per Schedule B 28489 96 18 Interest accrued on bonds per Schedule D part 1 15258 32 20 Interest accrued on other assets Land contract 273 33 24 Total 44021 61 30 Gross assets 4218221 27 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 7221 35 38 Book value of ledger assets over market value viz Market value of special deposits in excess of special deposit Schedule page 10 7784 45 15005 80 41 Total admitted assets 4203215 47 VLiabilities 1 Gross losses adjusted and unpaid not yet due 4591025 2 Gross claims for losses in process of ad justment or in suspense plus 1341209 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 225877 26 3 Gross claims for losses resisted 20700 00 4 Total 292487 51 5 Deduct reinsurance due or accrued 64256 84 6 Net amount of unpaid losses and claims 228230 67 7 Gross premiums less reinsurance receiv 244 ComptrollerGenerals Keport ed and receivable upon all unexpired fire risks 443855964 unearned prem iums per recapitulation page 6 col 6 2259601 15 10 17 18 19 20 23 26 27 28 Total unearned premiums as computed above 2259601 15 Salaries rents expenses bills accounts fees etc due or accrued 5000 op Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 75000 00 Contingent commissions or other charges due or accrued 20000 00 Funds held under reinsurance treaties 8228 18 All other liabilities viz Reserved for dividends 30000 00 Total amount of all liabilities except capital 2626060 00 Capital actually paid up in cash 1000000 00 Surplus over all liabilities 577155 47 29 Surplus as regards policyholders 1577155 47 30 2 Total liabilities 4203215 47 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31 day of Dec as per line 6 under this heading in last years statement 496321278 5177900 00 Written or renewed during the year per Income No 5 269902566 2864302 00 Total 766223844 8050315 00 Deduct those expired and marked off as terminated 257696433 2839655 00 In force at the end of the year 508527411 5210660 00 Deduct amount reinsured schedule re quired 68162691 772100 00 Net amount in force 440364720 4438559 00 Business in the State of Georgia During 1914 27 Gross risks written 322767700 Less risks cancelled 930780 00 Net risks written 2296897 00ComptrollerGenerals Report 28 Gross premiums on risks written Less return premiums Net premiums received 29 Losses paid deducting salvage 30 Losses incurred 245 51100 63 11865 87 39234 76 27111 75 35007 44 NATIONALBEN FRANKLIN FIRE INSURANCE COMPANY Saml McKnight President H M Schmitt Secretary Langdon C Quinn Athens Ga Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assetsas per balance Dec 31 of previous years 3296465 61 4 Extended at 3296465 61 IIIncome 5 Gross premiums per Item 2 VI page 6 2553025 37 6 Deduct reinsurance premiums fire 448 31852 return premiums fire 46104955 900368 0 7 Total premiums other than perpetual 1643657 30 9 Gross interest on mortgage loans peT Schedule B 10 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks less 267346 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources 16 Gross rents from companys property in cluding 600000 for companys occu pancy of its own buildings 143052 54 4952 35 8703 36 1956 54 83 32 10502 50 17 Total gross interest an 25 From agents balances previously charged off drents 1169250 61 186 49246 ComptrollerGeneral s Keport 26 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 28 Total income 429 56 IIIDisbursements 1 Gross amount paid policyholders for losses including 11348444 occurring in pre vious years 1098843 53 2 Deduct amount received for salvage fire 405729 reinsurance fire 17004785 9 10 11 12 13 14 IS 16 17 18 19 20 21 22 23 34 38 Net amount paid policyholders for losses 924738 39 Expenses of adjustment and settlement of losses 21348 93 Commissions or brokerage 472344 71 Allowances to local agencies for miscellaneous agency ex penses 36230 71 Salaries 2110229 and expenses 2170744 of special and general agents 42809 73 Salaries fees and all other charges of officers directors trustees and home office employees 70903 73 Rents including 600000 for companys occupancy of its own buildings 6000 00 Advertising 63475 printing and stationery 736487 7999 62 Postage telegrams telephone and express 3623 08 Legal expenses 97 54 Furniture and fixtures 1227 31 Maps including corrections 894 19 Underwriters boards and tariff associations 11308 86 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 16420 13 Inspections and surveys 5807 24 Repairs and expenses other than taxes on real estate 3701 96 Taxes on real estate 2470 48 State taxes on premiums 21417 64 Insurance department licenses and fees 9310 30 All other licenses fees and taxes Federal corporation tax 1164 81 Capital stock tax 4774 92 Municipal taxes 3186 04 Fire marshal taxes 1937 81 Revenue taxes 572 57 Other disbursements 2519 55 Paid stockholders for interest or dividends amount de clared during the year 120000 00 Agents balances charged off 2300 69ComptrollerGenerals Report 247 39 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A Bonds per Schedule D 1289 54 75 00 41 Total disbursements 1796475 48 12 IVLedger Assets Book value of real estate 133657 60 Mortgage loans on real estate per Sched ule B 2297021 45 Loans secured by pledge of bonds stocks or other collateral per Schedule C Book value of bonds 32005967 and stocks 726000 per Schedule D Cash in companys office Deposits in trust companies and banks on interest per Schedule N Agents balances representing business written subsequent to Oct 1 1914 Agents balances representing business written prior to Oct 1 1914 Other ledger assets 81500 00 327319 67 47806 15 167518 98 253 712 39 4 777 85 200 00 16 Total ledger assets as per balance Item 42 3313514 09 NonLedger Assets 17 Interest due 748900 and accrued 31 55748 on mortgages per Schedule B 39046 48 18 Interest accrued on bonds per Schedule D part 1 19 Interest due 6033 and accrued 15899 on collateral loans per Schedule C part 1 23 Rents due on companys property or lease 6511 05 219 32 95 00 24 Total 25 Market value of real estate over book value per Sched ule A 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 45871 85 13142 40 6909 85 30 Gross assets 3379438 19248 ComptrollerGenerals Eeport Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 4777 85 41 Total admitted assets 3374660 34 VLiabilities 1 Gross losses adjusted and unpaid due 2 Gross claims for losses in process of ad justment or in suspense plus 2380201 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 61217 16 169287 27 23859 09 4 Total 254363 52 5 Deduct reinsurance due or accrued 49785 05 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 349155289 unearned prem iums per recapitulation page 6 col 6 1761473 30 204578 47 10 Total unearned premiums as computed above 1761473 30 16 Dividends declared and unpaid to stockholders 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 335 00 119 33 22000 00 600 00 26 Total amount of all liabilities except capital 1989106 10 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 385554 24 29 Surplus as regards policyholders 1385554 24 30 Total liabilities 3374660 34 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 397724601 3771003 71ComptrollerGenerals Report 249 2 Written or renewed during the year per Income No 5 252552307 2553025 37 3 Excess of original premiums over amount received for reinsurance 140894 33 4 T0tai 650276908 6464923 41 5 Deduct those expired and marked off as terminated 219656202 2204909 83 6 In force at the end of the year 430620706 4260013 58 7 Deduct amount reinsured schedule re quired 68996025 768460 69 8 Net amount in force 361624681 3491552 89 Business in the State of Georgia During 1914 27 Gross risks written 1066912 00 Less 15222000 risks cancelled and 1835000 reinsur ance in companies authorized in Georgia 170570 00 Net risks written 896342 00 28 Gross premiums on risks written 17040 09 Less 289746 return premiums and 20225 premiums for reinsurance in companies authorized in Georgia 3099 71 Net premiums received 13940 38 29 Losses paid deducting salvage Net losses paid 539 32 30 Losses incurred 4276 50 Less losses on risks reinsured in companies authorized in 570 42 Georgia Net losses incurred 3706 08250 ComptrollerGeneral s Report NATIONAL FIEE INSURANCE CO OF HARTFORD CONNECTICUT James Nichols President G N Tryon Secretary H T Powell Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 15571361 71 Extended at 15571361 71 IIIncome 5 Gross premiums per Item 2 VI page 6 13800358 07 6 Deduct reinsurance premiums fire 3332 47900 return premiums fire 1824 32814 5156807 14 7 Total premiums other than perpetual 8643550 9I 9 Gross interest on mortgage loans per Schedule B less 882750 accrued in terest on mortgages acquired during 1914 84125 16 11 Gross interest on bonds and dividends on stocks less 771981 accrued interest on bonds acquired during 1914 per Schedule D 501215 38 12 Gross interest on deposits in trust com panies and banks per Schedule N 14021 71 18 Gross interest from all other sources Interest on bills receivable 677934 protested ck 469 6784 03 Interest on cert of deposit bank accounts closed 571 65 16 Gross rents from companys property in cluding 2000000 for companys occu pancy of its own buildings 33236 52 17 Total gross interest and rents 18 From other sources Borrowed money 24 Increase in liabilities during the year on account of rein surance treaties 639954 45 788057 92 8886 53ComptrollerGenerals Report 251 25 From agents balances previously chajged off 777 44 26 Gross profit on sale of maturity of ledger assets viz Bonds per Schedule D 2504 08 Stocks per Schedule D 6639 75 28 Total income 10090371 10 IIIDisbursements 1 Gross amount paid policyholders for losses including 38520170 occurring in pre vious years 6867182 78 2 Deduct amount received for salvage fire 5735304 reinsurance fire 2007 52640 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 71149954 and expenses 21640766 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 2000000 for companys occupancy of its own buildings 10 Advertising 3322047 printing and stationery 6527048 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 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Tax on capital stock Connecticut City and county taxes State county and city licenses and fees Revenue stamp tax Other taxes licenses and fees 2064879 44 56577 32 1549028 66 1731 49 927907 20 227567 68 51525 16 98490 95 73428 86 17275 19 9417 22 12593 30 114480 03 56086 38 15560 08 3946 82 9131 93 178180 95 30191 59 8546 97 55974 20 16080 25 17695 75 3088 02 443 68252 ComptrollerGenerals Report 23 Other disbursements Office expenses 9559 33 Mercantile reports 3191 17 Premiums on surety bonds 609 21 Traveling expenses 10707 93 Other miscellaneous expenses 1451 IS Borrowed money paid 788057 92 Interest on borrowed money 6519 92 Interest on uninvested resources of reinsuring companies 130 45 Investment expenses and commissions 1627 25 34 Paid stockholders for interest or dividends amount de clared during the year 40000000 400000 00 38 Agents balances charged off 1590 05 39 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 2426 20 Bonds per Schedule D 4883 68 Stocks per Schedule D 7389 10 41 Total disbursements 9575396 41 IVLedger Assets 1 Book value of real estate 587338 04 2 Mortgage loans on real estate per Sched ule B first liens 1739775 00 4 Book value of bonds 952052557 and stocks 116561184 per Schedule D 10686137 41 5 Cash in companys office 3771 64 6 Deposits in trust companies and banks not on interest per Schedule N 63547 76 7 Deposits in trust companies and banks on interest per Schedule N 1379697 32 8 Agents balances represent ing business written sub sequent to Oct 1 19141492895 67 Less due to special agents 830935 due to other insurance companies 13124799 139557 34 1353338 33 9 Agents balances representing business written prior to Oct 1 1914 11 Bills receivable taken for fire risks 12 Other ledger assets viz Cash genl agts office Chicago Bills receivable taken for agents balances 25696 87 232592 13 261 24 932 11ComptrollerGenerals Report 253 Due from dept mgrs miscellaneous see line 40 748 55 Collections due from financial agents 12500 00 16 Total ledger assets as per balance Item 42 16086336 40 NonLedger Assets 17 Interest due 80000 and accrued 32 75148 on mortgages per Schedule B 33851 48 18 Interest due 1125000 and accrued 133 513 19 on bonds per Schedule D part 1 144763 19 24 Total 17861467 25 Market value of Teal estate over book value per Schedule lo229 io A 16280180 52 30 Gross assets Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 25696 87 35 Bills receivable past due taken for marine inland and fire risks 15059 78 37 Overdue and accrued interest on bonds in default 1756167 38 Book value of ledger assets over market 17274 32 value Market value of special deposits in excess of corresponding liabilities 140274 15 Other assets not admitted 14588 29 41 Total admitted assets 16049725 44 VLiabilities Gross losses adjusted and unpaid not yet due 265498 32 2 Gross claims for losses in process of ad justment or in suspense plus 5503524 reserve for losses incurred prior to Dee 31 of which no notice had been receiv ed on that date 1050346 09 3 Gross claims for losses resisted 113204 93 4 Total 1429049 34 5 Deduct reinsurance due or accrued 553855 49 6 Net amount of unpaid losses and claims 875193 85254 ComptrollerGenerals Eeport 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1707312194 unearned prem iums per recapitulation page 6 col 6 8909007 7 10 Total unearned premiums as computed above 8909007 78 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 23 All other liabilities viz Special reserve fund covering all cont liabilities 23319 75 225000 00 26680 25 84348 59 300000 00 26 Total amount of all liabilities except capital 10443550 22 27 Capital actually paid up in cash 2000000 00 28 Surplus over all liabiliites 3606175 22 29 Surplus as regards policyholders 5606175 22 30 Total liabilities 16049725 44 VIBisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 19531772 35 2 Written or renewed during the year per Income No 5 13800358 07 3 Excess of original premiums over amount received for re insurance 541805 71 4 Total 33873936 13 5 Deduct those expired and marked off as terminated 12249571 30 6 In force at the end of the year 21324364 83 7 Deduct amount reinsured schedule required 4251242 89 8 Net amount in force 17073121 94 Business in the State of Georgia During 1914 27 Gross risks written 14780529 00 Less 184471400 risks cancelled and 1223671 reinsur ance in companies authorized in Georgia 3068385 00 Net risks written 11712144 00ComptkollerGenebals Eepoet 255 28 Gross premiums on risks written 163631 37 Less 2247057 return premiums and 731342 prem iums for reinsurance in companies authorized in Ga 29783 99 Net premiums received 133847 38 29 Losses paid deducting salvage 98674 59 Less losses on risks reinsured in companies authorized in Georgia 3116 31 Net losses paid 95558 28 30 Losses incurred 118801 70 Less losses on risks reinsured in companies authorized in Georgia 10793 94 Net losses incurred 108007 76 NATIONAL UNION FIRE INSURANCE CO OF PITTSBURG PA E E Cole President W P Braun Secretary Carleton Y Smith Atlanta Ga 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 years 4750490 73 4 Extended at 4750490 73 IIIncome 5 Gross premium per Item 2 VI page 6 4694963 88 6 Deduct reinsurance premiums fire 1445 50061 return premiums fire 1280 09175 2725592 36 7 Total premiums other than perpetual 196937152 9 Gross interest on mortgage loans per Schedule B 31322 06 30 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks less 185772 accrued interest on 6037 50256 ComptrollerGeneral s Report bonds acquired during 1914 per Sched ule Di 132520 56 12 Gross interest on deposits in trust com panies and banks per Schedule N 3273 96 13 Gross interest from all other sources Interest on bills receivable taken for fire risks 583 13 Gross income from unlisted assets per Schedule X 156 84 16 Gross rents from companys property 2442 04 17 Total gross interest and rents 18 From other sources Borrowed money 250000 00 Gross income from stock of FirstSecond National Bank Pittsburgh Pa pre viously charged off 529 41 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 176336 09 250529 41 250 72 2734 74 28 Total income 2399222 48 IIIDisbursements 1 Gross amount paid polieyholders for losses including 23744197 occurring in pre vious years 2603413 74 2 Deduct amount received for salvage fire 1325290 reinsurance fire 985 06723 discount fire 106763 999387 76 3 Net amount paid polieyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commission or brokerage 6 Allowances to local agencies for miscellaneous agency ex penses 7 Salaries 8716303 and expenses 5408628 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents 10 Advertising 195174 printing and stationery 2493699 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 1604025 9S 38739 65 397171 19 13227 41 141249 31 138632 13 15940 20 26888 73 15365 52 346 11 1600 30CompteollebGeneeals Repobt 257 6533 28 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses g2Q 17 Inspections and surveys 1 q 04 18 Repairs and expenses other than taxes on real estate 233 U4 19 Taxes on real estate 75 302 38 20 State taxes on premiums is611 49 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 8 073 06 Municipal licenses g Q Pennsylvania franchise tax Federal stamp tax 13316 76 23 Other disbursements Interest paid 0Q Borrowed money 151844 44 34 Paid stockholders for interest or M amount de Glared during the year 4o0O000 37 Decrease in liabilities during the year on account ot reinsurance treaties 749 gg 38 Agents balances charged off 2814528 99 41 Total disbursements IVLedger Assets d QQ 554 40 1 Book value of real estate 2 Mortgage loans on real estate per Sched ule B first liens a 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 115000 00 4 Book value of bonds 242859290 and stocks 40679477 per Schedule D 283438 6 5 Cash in companys office nbS8 6 Deposits in trust companies and banks not on interest per Schedule N 48738 24 7 Deposits in trust companies and banks on interest per Schedule N 150889 40 8 Agents balances representing business written subsequent to October 1 1914 518828 3 9 Agents balances representing business written prior to Oct 11914 19070 73 11 Bills receivable taken for fire risks 42994 0S258 CompteollebGtenebals Eepoet 12 Other ledger assets viz Due from other companies 75308 38 16 Total ledger assets as per balance Item 42 4335184 22 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 8n8 24 18 Interest accrued on bonds per Schedule D parti 36876 58 19 Interest accrued on collateral loans per Schedule C part 1 1648 41 24 30 Total 46643 23 Gross assets 4381827 45 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 35 Bills receivable past due taken for ma rine inland and fire risks 38 Book value of ledger assets over market value viz Bonds and stocks 19070 73 36243 41 69597 32 124911 46 41 Total admitted assets 4256915 99 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1800000 reserve for losses incurred prior to Dee 31 of which no notice had been receiv ed on that date 3 Gross claims for losses resisted 94152 70 316097 74 41413 92 4 Total 451664 36 5 Deduct reinsurance due or accrued 159037 70 6 Net amount of unpaid losses and claims 292626 66 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpiredMHM ComptrollerGenerals Eepoet fire risks 481725774 unearned prem iums per recapitulation page 6 col 6 2479502 43 10 Total unearned premiums as computed above 15 Interest due or accrued including 51667 on borrowed money 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 20 Funds held under reinsurance treaties 22 Due and to become due for borrowed money 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 263340 23 259 2479502 43 516 67 4458 02 55000 00 61471 98 100000 OO 2903575 76 29 Surplus as regards policyholders 30 Total liabilities Business in the State of Georgia During 1914 27 Gross risks written Less 79936600 risks cancelled and 3100000 reinsur ance in companies authorized in Georgia 1263340 23 4256915 99 Net risks written 28 Gross premiums on risks written Less 2430441 return premiums and 17600 premiums for reinsurance in companies authorized in Georgia Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized m GeoTgia 4797101 00 830366 00 3966735 00 67659 96 24480 41 43179 55 48201 71 22 85 Net losses paid 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 48178 86 43082 26 22 85 Net losses incurred 43059 41260 ComptrollerGenerals Eepoet nationale fire insurance company of paris france Home Office Providence R I United States Manager Starkweather Shepley Hon William A Wright Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows Supt of Insurance New York State 216000 00 5 Amount of ledger assets as per balance December 31 of previous year 708663 46 IIIncome 6 Gross premiums per Item 2 VI 833437 61 7 Deduct reinsurance premiums fire 338 41731 return premiums 21929825 8 Total premiums other than perpetual 275722 05 12 Gross interest on bonds and dividends on stocks 22340 00 13 Gross interest on deposits in trust com panies and banks per Schedule N 2698 32 14 Gross interest from other sources From cash deposited with Philadelphia Underwriters Assn 315 From Phenix Fire Insurance Co interest under reinsurance treaty 230 96 18 Total gross interest and rents 25272 43 20 From other sources Remittance from home office 53 92 30 Total income 301048 40 IIIDisbursements 1 Gross amount paid policyholders for losses including 4882028 occurring in pre vious years 415781 53 2 Deduct amount received for salvage fireComptrollerGenerals Repoet 261 329183 reinsurance fire 23280454 discount fire 14092 3 4 5 8 10 15 16 17 20 21 92 23 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 30644 printing and stationery 531 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 City taxes and licenses Other disbursements Surety bonds Auditing books Remittance to home office Paid for interest on deposits in Phenix Fire Ins Co and LAbeille Fire Ins Co under reinsurance treaty 39 Total disbursements IVLedger Assets 4 Book value of bonds per Schedule D 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 12 Other ledger assets viz Cash deposited with Philadelphia Under writers Assn Balance due from reinsuring company un der reinsurance treaty Less balances due reinsuring company under treaty 534610 00 126592 78 107433 89 100 00 33680 42 85907 16 L6 Total ledger assets as per balance Item 40 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 6998 33 179544 24 3131 36 93306 05 78 75 311 75 3297 27 1613 81 665 41 5552 80 2690 75 54 27 1256 15 149 62 112 50 1179 48 257 72 293201 93 710509 93 24 Total 6998 33262 ComptrollerGenerals Eeport 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 3680 00 27 Other nonledger assets viz Undivided interest in cash held by Phenix Fire Ins Co 1709 64 30 Gross assets 728897 90 Deduct Assets Not Admitted 38 Market value of speeialdeposits in excess of corresponding liabilities per special deposit schedule 10644 16 42 Total admitted assets 718253 74 VLiabilities 1 Gross losses adjusted and unpaid not yet due 6815 49 2 Gross claims for losses in process of ad justment or in suspense plus 490302 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 86507 19 3 Gross claims for losses resisted 2000 00 4 Total 95322 68 5 Deduct reinsurance due or accrued per Schedule E 55037 99 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired risks 216291 47 10 Total unearned premiums as computed above 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 20 All other liabilities viz Undivided interest in cash due LAbeille Fire Ins Co 23 Total amount of all liabilities except deposit capital 25 Surplus over all liabilities 430247 52 2i Surplus as regards polieyholders 27 Total liabilities 40284 69 216291 47 5000 00 21316 87 5113 19 288006 22 430247 52 718253 74ComptrollerGenerals Report 263 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31 day of Dec as per line fi under this heading in last years statement 88845434 807747 32 2 Written or renewed during the year per Income No 5 94906892 833437 Cl 4 Total 183752326 1641184 93 5 Deduct those expired and marked off as terminated 86327809 750605 88 6 In force at the end of the year 97424517 890579 05 7 Deduct amount reinsured schedule re quired 53579373 49712196 8 Net amount in force 43845144 393457 09 Business in the State of Georgia During 1914 1 Gross risks written 1705123 00 Less 38190400 risks cancelled and 47059200 reinsur ance in companies authorized in Georgia 852496 00 Net risks written 852627 00 2 Gross premiums on risks written 23909 73 Less 436255 return premiums and 704345 premiums for reinsurance in companies authorized in Georgia 11406 00 Net premiums received 12503 73 3 Losses paid deducting salvage 13152 82 Less losses on risks reinsured in companies authorized in Georgia 4337 81 Net losses paid 8815 01 4 Losses incurred 1 380 83 Less losses on risks reinsured in companies authorized in Georgia 5712 38 Net losses incurred 11668 45264 ComptrollebGtenebals Report NEW BRUNSWICK FIRE INSURANCE COMPANY OF NEW BRUNSWICK N J Geo A Viehmann President Chas D Boss Secretary M B Yates Attorney for Service 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 1023058 20 4 Extended at 1023058 20 IIIncome 5 Gross premiums per Item 2 VI page 6 1021525 38 6 Deduct reinsurance premiums fire 140 15380 return premiums fire 220 57636 360730 16 7 Total premiums other than perpetual 660795 22 9 Gross interest on mortgage loans per Schedule B less 91732 accrued in terest on mortgages acquired during 1914 11075 63 10 Gross interest on collateral loans per Schedule C 1037 24 11 Gross interest on bonds and dividends on stocks less 8889 accrued interest on bonds acquired during 1914 per Sched ule D 27479 45 12 Gross interest on deposits in trust com panies and banks per Schedule N 1134 02 16 Gross rents from companys property in cluding 250000 for companys occu pancy of its own buildings 12729 00 17 Total gross interest and rents 3 18 Prom other sources Balance paid account increase capital and surplus 151649 99 53455 94 151649 99ComptrollerGenerals Report 265 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income 198 00 866099 15 IIIDisbursements 1 Gross amount paid polieyholders for losses including 3598683 occurring in pre vious yeaTs 404495 67 2 Deduct amount received for salvage fire 442282 reinsurance fire 8058206 discount fire 22233 3 Net amount paid polieyholders for losses 319268 46 4 Expenses of adjustment and settlement of losses 8027 88 5 Commissions or brokerage 159018 91 7 Salaries 2372671 and expenses 2341404 of special and general agents 47140 75 8 Salaries fees and all other charges of officers directors trustees and home office employees 33465 48 9 Rents including 2500 for companys occupancy of its own buildings 2500 00 10 Advertising 148447 printing and stationery 556403 7048 50 11 Postage telegrams telephone and express 4867 63 13 Furniture and fixtures 1497 42 14 Maps including corrections 2240 41 15 Underwriters boards and tariff associations 5930 20 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 5754 38 17 Inspections and surveys 2670 60 18 Repairs and expenses other than taxes on real estate 4813 47 19 Taxes on real estate 2148 41 20 State taxes on premiums 7617 26 21 Insurance department licenses and fees 5400 10 22 All other licenses fees and taxes Federal corporation tax 48 35 Personal tax 129 50 City licenses 2496 64 23 Other disbursements Miscellaneous expenses Documentary internal revenue Paid brokerage on sale of new issue of stock 2674 49 118 68 172 15 9957 49 10248 32 266 CompteollebGenebals Eepoet 34 Paid stockholders for interest or dividends amount de clared during the year 4049613 40496 13 41 Total disbursements 672828 80 IVLedger Assets 1 Book value of real estate 132362 00 2 Mortgage loans on real estate per Sched ule B first liens 266126 00 4 Book value of bonds 22486363 and stocks 31816630 per Schedule D 543029 93 5 Cash in companys office 5902 69 7 Deposits in trust companies and banks on interest per Schedule N 150321 07 8 Agents balances representing business written subsequent to Oct 1 1914 118149 09 9 Agents balances representing business written prior to Oct 1 1914 337 77 12 Other ledger assets viz Deposits with Philadelphia Underwriters 100 00 16 Total ledger assets as per balance Item 42 1216328 55 XonLedger Assets 17 Interest due 117167 and accrued 2 24824 on mortgages per Schedule B 3419 91 18 Interest accrued on bonds per Schedule D part 1 2675 63 24 Total 6095 54 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 35490 07 30 Gross assets 1257914 16 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 337 77 38 Book value of ledger assets over market value viz On mortgage not considered good No 157 272 00 609 77 41 Total admitted assets 1257304 39 ComptrollerGenerals Eepobt VLiabilities Gross claims for losses in process of ad justment or in suspense 65211 00 Deduct reinsurance due or accrued 12125 00 267 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 105616560 unearned prem iums per recapitulation page 6 col 6 574657 68 53086 00 10 16 17 18 26 27 28 Total unearned premiums as computed above Dividends declared and unpaid to stockholders Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 574657 68 42 97 7500 00 5000 00 Total amount of all liabilities except capital 640286 65 Capital actually paid up in cash 400000 00 Surplus over all liabilities 217017 74 617017 74 29 Surplus as regards policyholders 30 Total liabilities 1257304 39 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 83645157 1050019 69 2 Written or renewed during the year per Income No 5 83587692 1021525 38 3 Excess or original premiums over amount received for reinsurance 936 16 Total 167232849 207248123 Deduct those expired and marked off as terminated 64844703 821266 41 In force at the end of the year 102388146 1251214 82 Deduct amount reinsured schedule re quired 15080512 195049 22 Net amount in force 87307634 1056165 60268 ComptrollerGenerals Report Business in the State of Georgia During 1914 27 Gross risks written 2580340 00 Less 81732700 risks cancelled and 34478400 reinsur ance in companies authorized in Georgia 1162111 00 Net risks written 1418229 00 28 Gross premiums on risks written 49454 35 Less 1168563 return premiums and 734631 premiums for reinsurance in companies authorized in Georgia 19031 94 Net premiums received 30422 41 29 Losses paid deducting salvage 25980 64 Less losses on risks reinsured in companies authorized in Georgia 776 06 Net losses paid 18104 58 30 Losses incurred 29352 SI Less losses on risks reinsured in companies authorized in Georgia 9233 40 Net losses incurred 20119 41 NEW HAMPSHIRE INSURANCE COMPANY OF MANCHESTER N H Frank W Sargeant President Lewis W Crockett Secretary W jr King Atlanta Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1350000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 5778318 31 4 Extended at 5778318 31 IIIncome 5 Gross premiums per Item 2 VI page 6 3833334 84ComptrollerGeneral s Report 269 6 Deduct reinsurance premiums fire 600 5092 return premiums fire 482 9317 1083441 40 10 Total premiums other than perpetual Gross interest on mortgage loans per Schedule B 6396 16 Gross interest on collateral loans per Schedule C 1061 09 11 Gross interest on bonds and dividends on stocks less 9495200 accrued interest on bonds acquired during 1914 per Schedule D 251738 63 16 Gross rents from companys property in eluding 150000 for companys occu pancy of its own buildings 11449 62 2749893 44 17 Total gross interest and rents 18 From other sources Real estate contracts Temporary notes payable 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 per Schedule D 27 Gross increase by adjustment in book value of ledger assets viz Stocks per Schedule D 28 Total income 270645 50 600 00 300000 00 23616 45 164 80 406 25 349387 50 3694713 94 IIIDisbursements 1 Gross amount paid policyholders for losses including 24005194 occurring in pre vious years 2025988 63 2 Deduct amount received for salvage fire 1099211 reinsurance fire 25614 discount fire 70493 3 Net amount paid policyholders for losses 1526035 45 4 Expenses of adjustment and settlement of losses 18901 43 5 Commissions or brokerage 583695 67 6 Allowances to local agencies for miscellaneous agency expenses 84304 41 7 Salaries 6729944 and expenses 6648055 of special and general agents 133779 99270 ComptbolleeGeneeals Kepoet 8 Salaries fees and all other charges of officers directors trustees and home office employees 801 77 9 Bents including 150000 for companys occupancy of its own buildings 1500 10 Advertising 594927 printing and stationery 1810535 240o4 62 11 Postage telegrams telephone and express 8140 39 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 8488 15 Underwriters boards and tariff associations 3109o 78 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses SD od 17 Inspections and surveys 15989 18 Eepairs and expenses otheT than taxes on real estate 53oo 89 19 Taxes on real estate V8 20 State taxes on premiums oy 21 Insurance department licenses and fees 12337 84 22 All other licenses fees and taxes 2 047 96 Federal corporation tax Municipal taxes and licenses u0u0 T 13500 00 Franchise tax 23 Other disbursements Temporary notes payable 300000 00 Miscellaneous expenses 34 Paid stockholders for interest or dividends amount de clared during the year 13500000 135030 00 36 Interest paid to banks 8175 6 38 Agents balances charged off 790 60 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D i312 50 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 628 50 Stocks per Schedule D 694387 50 41 Total disbursements 3783741 74 IVLedger Assets 1 Book value of real estate 162077 50 2 Mortgage loans on real estate per Sched ule B first liens 39500 00 4 Book value of bonds 317794647 and stocks 171801360 peT Schedule D 4895960 07 5 Cash in companys office 902 72 6 Deposits in trust companies and banks not on interest per Schedule N 119968 93 8 Agents balances representing businessComptbollebGenebals Eepoet 271 written subsequent to Oct 1 1914 465696 79 9 Agents balances representing business written prior to Oct 11914 5184 50 16 Total ledger assets as per balance Item 42 5689290 51 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 350 13 18 Interest due 53333 and accrued 50 50494 m bonds per Schedule D part 1 51038 27 24 Total 51388 40 25 Market value of ireal estate over book value per Sched ule A 18650 00 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 609683 43 27 Other nonledger assets viz Due from Munich Reinsurance Company 15 21 30 Gross assets 6369027 55 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 5184 50 36 Overdue and accrued interest on bonds in default 533 33 37 Book value of ledger assets over market value viz Market value of special deposits in excess of corresponding liabilities 13230 63 41 Total admitted assets 6350079 09 VLiabilities 1 Gross losses adjusted and unpaid not yet due 123709 22 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 lad been receiv ed on that date 292949 10272 ComptrollerGenerals Keport 3 Gross claims for losses resisted 17500 00 4 Total 5 Deduct reinsurance due or accrued 434158 32 115489 45 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 503634052 unearned prem iums per recapitulation page 6 col 6 2569137 01 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to stockholders 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 21 Return premiums due other companies 23 All other liabilities viz Sinking fund for office building 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 1350000 00 28 Surplus over all liabilities 1725713 78 318668 87 2569137 01 67500 00 15000 00 70000 00 10000 00 23616 45 75442 98 125000 00 3274365 31 29 Surplus as regards policyholders 30 Total liabilities 3075713 78 6350079 09 Business in the State of Georgia During 1914 27 Gross risks written 6647111 00 Less 91900000 risks cancelled and 107343200 reinsur ance in companies authorized in Georgia 1992432 00 Net risks written 4654679 00 28 Gross premiums on risks written 59406 63 Less 1010959 return premiums and 1409969 prem iums for reinsurance in companies authorized in Ga 24209 28 Net premiums received 35197 35 29 Losses paid deducting salvage 49075 79ComptrollerGenerals Report 273 Less losses on risks reinsured in companies authorized in Georgia 15276 72 Net losses paid 33799 07 30 Losses incurred 47568 77 Less losses on risks reinsured in companies authorized in Georgia 14247 74 Net losses incurred 33321 03 NEWARK TIRE INSURANCE COMPANY OF NEWARK N J E J Haynes President S L Farquhar Secretary J T Carson Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 2026231 12 4 Extended at 2026231 12 IIIncome Fire Marine and Inland 5 Gross premiums per item 2 VI page 61631107 34 20098 99 6 Deduct reinsurance prem iums fire 27063259 marine and inland 1 20620 return premiums fire 28251540 marine and inland 600873 553147 99 7214 93 7 Total premiums other than perpetual 1090843 41 9 Gross interest on mortgage loans per Schedule B 25467 41 11 Gross interest on bonds and dividends on stocks 48744 92 12 Gross interest on deposits in trust com panies and banks per Schedule N 952 05274 ComptrolleeGenebals Eepoet 13 Gross interest from all other sources Philadelphia Fire Underwriters Associa tion deposit 16 Gross rents from companys property in cluding 555000 for companys occu pancy of its own buildings 3 15 5550 00 17 Total gross interest and rents 26 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 27 Gross increase by adjustment in book value of ledger assets viz Eeal estate per Schedule A 80717 53 212 08 48 00 28 Total income 1171821 02 111Disbursements Fire Marine and Inland 1 Gross amount paid policy holdeirs for losses in cluding 11907927 oc curring in previous years 706365 85 2 Deduct amount received for salvage fire 4 27400 reinsurance fire 15406285 discount fire 12460 15846145 960 19 lft 11 12 L3 1 15 16 Not amount paid policy holders for losses 597904 40 960 19 Expenses of adjustment and settlement of losses ommissinns or brokerage salaries 13337206 and expenses 2451742 of special anil general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents including 555000 for companys occupancy of its own buildings Advertising 456179 printing and stationery 1375103 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fin patrol and salvage corps assess ments fees taxes and expenses 54SS64 59 11358 86 2279H2 99 57889 50 156111 39 6175 62 18312 82 si 76 12 7t 7 1996 71 13198 69 1912 S2CompteollekGeneeals Eepoet 275 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 70 06 Federal emergency tax 385 12 Taxes on personal property 514 80 23 Other disbursements Auditing Incidental expenses 1083 50 1560 78 34 Paid stockholders for interest or dividends amount de clared during the year 6990500 38 Agents balances charged off 3292 82 3527 72 3068 21 22083 00 9732 91 969 98 2644 28 69735 00 488 23 41 Total disbursements 1085174 57 IVLedger Assets 1 Book value of real estate 181865 25 2 Mortgage loans on real estate per Sched ule B 522650 0O 4 Book value of bonds 73081865 and stocks 34097463 per Schedule D 1071793 28 5 Cash in companys office 526 48 7 Deposits in trust companies and banks on interest per Schedule N 134769 57 8 Agents balances representing business written subsequent to Oct 1 1914 195038 61 9 Agents balances representing business written prior to Oct 3 1914 6134 38 12 Other ledger assets viz Philadelphia Fire Underwriters Associa tion deposit 100 00 16 Total ledger assets as per balance Item 422112877 57 NonLedger Assets 17 Interest due 61600 and accrued 7 66850 on mortgages per Schedule B 8284 50276 ComptrollerGenerals Eeport 18 Interest accrued on bonds per Schedule D part 1 9673 34 24 Total 17957 84 25 Market value of real estate over book value per Sched ule A 4147 17 30 Gross assets 2134982 58 Deduct Assets Not Admitted 34 Agents balances representing business written prioir to Oct 1 1914 6134 38 38 Book value of ledger assets over market value 23428 88 29563 26 41 Total admitted assets 2105419 32 VLiabilities 1 Gross losses adjusted and unpaid not yet due 35352 00 2 Gross claims for losses in process of ad justment or in suspense plus 1353100 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 137242 78 3 Gross claims for losses resisted 26278 00 4 Total 198872 78 5 Deduct reinsurance due or accrued 57174 35 6 Net amount of unpaid losses and claims 141698 43 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 166426725 unearned prem iums per recapitulation page 6 col 6 913520 78 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 1274299 unearned premiums fifty per cent 6371 49 10 Total unearned premiums as computed above 919892 27 16 Dividends declared and unpaid to stockholders 8614 25ComptrollerGeneral a Report 277 17 18 26 27 28 Salaries rents expenses bills accounts fees etc due or accrued 2266 04 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17500 00 Total amount of all liabilities except capital 1089970 99 Capital actually paid up in cash 500000 00 Surplus over all liabilities 515448 33 29 Surplus as regards polieyholders 1015448 33 30 Total liabilities 2105419 32 VIEisks 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 159150255 1625872 17 Written or renewed during the year per Income No 5 150781337 1651206 33 Total 309931592 3277078 50 Deduct those expired and marked off as terminated 114668379 1266387 38 In force at the end of the year195263213 2010691 12 Deduct amount reinsured schedule re quired 28979269 333680 88 27 Net amount in force 166283944 1677010 24 Business in the State of Georgia During 1914 Gross risks written 1145652 00 Less 32286700 Tisks cancelled and 1500000 reinsur ance in companies authorized in Georgia 337867 00 Net risks written 807785 00 28 Gross premiums on risks written 17443 32 Less 412722 return premiums and 10250 premiums for reinsurance in companies authorized in Georgia 4229 72 Net premiums received 13213 60 29 30 Losses paid deducting salvage Losses incurred 3772 51 4538 51278 ComptrollerGeneral s Kepobt NIAGARA FIRE INSURANCE COMPANY OF NEW YORK CITY Harold Herrick President Geo W Dewey Secretary J Hall Mailer Atlanta 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 years 7026307 31 4 Extended at 7026307 31 IIIncome 5 Gross premiums per Item 2 VI page 6 5740942 28 6 Deduct reinsurance premiums fire 1124 05483 marine and inland 478890 return premiums fire 76383590 ma rine and inland 2066564 1913345 27 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 540339 accrued interest on bonds acquired during 1914 per Schedule D 12 Giross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources From note as per Schedule X From deposit with Phil Underwriters From income tax reserved 27083 20 274019 79 3239 15 130 00 3 15 532 35 3827597 n 17 Total gross interest and rents 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 305007 64 1001 25 15973 40 28 Total income 4149579 30 IITDisbursements 1 Gross amount paid policyholders for losses including 25681873 occurring in pre vious years 2492524 56ComptrollerGenerals Report 279 2 Deduct amount received for salvage fire 1378467 marine and inland 44500 reinsurance fire 64304276 mairine and inland 101091 discount fire 14548 658428 82 Net amount paid polieyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 6716648 and expenses 5787264 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 228239 printing and stationery 3769443 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Municipal licenses State licenses Revenue tax Other disbursements Incidental Commercial reports Exchange Duty Subscriptions Premiums on fidelity bonds Premiums on furniture and fixtures Premiums on automobile Interest on loan Interest paid on provident loan security stock Paid stockholders for interest or dividends amount de clared during the year 25000000 Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 9 10 11 12 13 14 15 16 17 20 21 22 23 34 38 1834095 74 46908 50 863098 61 125039 12 207062 06 43525 49 39976 82 24743 25 3851 73 3858 07 12392 17 53060 42 8009 03 20846 87 79979 00 13497 37 4205 79 7778 05 4335 15 1280 99 2333 20 1644 54 3215 71 22 58 2413 10 358 00 133 23 196 50 72 92 316 67 250000 00 1155 57 250 00 41 Total disbursements 36596o6 25280 ComptbollebGeneeal s Kepoet IVLedger Assets 2 Mortgage loans on real estate per Sched ule b 553500 00 4 Book value of bonds 220640538 and stocks 362766294 per Schedule D 5834068 32 5 Cash in companys office 999 10 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 12 Other ledger assets viz Citizens Fire Ins Co of W Va 199670 11 275056 81 517381 08 41368 55 94186 39 16 Total ledger assets as per balance Item 42 7516230 36 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 21 Deposit with Metropolitan Trust Co Deposit with TJ S Mortgage Trust Co 7887 83 29016 10 1898 62 417 12 24 Total 7555450 03 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 41368 55 38 Book value of ledger assets over market value viz Securities 11208 32 41 Total admitted assets 7502873 16 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 4865300 reserve for losses incurred prior to DecComptrollerGenerals Keport 281 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 412686 08 43790 96 456477 04 109161 92 6 Net amount of unpaid losses and claims 347315 12 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 699170257 unearned prem iums per recapitulation page 6 col 6 3664905 61 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 3537414 unearned premiums 50 per cent 17687 07 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 Income tax reserved 3682592 68 5000 00 75000 00 5000 00 532 35 Total amount of all liabilities except capital 4115440 15 26 27 Capital actually paid up in ca 1000000 00 28 Surplus over all liabilities 2387433 01 29 Surplus as regards policyholders 3387433 01 30 Total liabilities 7502873 16 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 707166672 7141940 30 2 Written or renewed during the year per Income No 5 565918194 5740942 28 3 Excess of original premiums over amount received for reinsurance 511910 05 4 Totai 1273084866 13394792 63282 ComptrollerGenerals Eeport 5 Deduct those expired and marked off as terminated 441089526 4826307 16 6 In force at the end of the year 831985340 8568485 47 7 Deduct amount reinsured schedule re quired 142559208 1541408 76 8 Net amount in force 689416132 7027076 71 Business in the State of Georgia During 1914 27 Gross risks written 2995063 00 Less 75875600 risks cancelled and 5550100 reinsur ance in companies authorized in Georgia 814251 00 Net risks written 2180806 0O 28 Gross premiums on risks written 44684 89 Less 729250 return premiums and 67586 premiums for reinsurance in companies authorized in Georgia 7968 36 Net premiums received 3b16 53 29 Losses paid deducting salvage L2567 69 Less losses on risks reinsured in companies authorized in Georgia 73 Net losses paid 12491 9 30 Losses incurred 11971 67 Less losses on risks reinsured in companies authorized in Georgia 73 M Net losses incurred 1189 i 3 NORD DEUTSCHE FIRE INSURANCE COMPANY OF NEW YORK CITY 123 William Street New York City United States Manager J H Leneham United States Manager Marine Dept F Herrmann Co W H Rhett Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as followsComptrollerGenerals Report 283 New York 400000 00 Ohio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 1451920 74 IIIncome 6 Gross premiums per Item 2 VI 2019814 71 7 Deduct reinsurance premiums fire 280 39607 marine and inland 4978464 return premiums 28505131 marine and inland 9699018 712222 20 8 Total premiums other than perpetual 1307592 51 12 Gross interest on bonds and dividends on stocks less 354078 accrued interest on bonds acquired during 1914 per Sched ule D 51037 55 13 Gross interest on deposits in trust com panies and banks per Schedule N 3437 54 14 Gross interest from other sources Reinsurance bureau deposits 23 19 Phila Underwriters Assn deposits 3 15 18 Total gross interest and rents 54501 43 19 Received from home office 126349 07 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 682 50 30 Total income 1489125 51 IIIDisbursements Gross amount paid policyholders for losses including 7983705 occurring in pre vious years 861978 56 Deduct amount received for salvage fire 783874 marine and inland 1198618 reinsurance fire 17649190 marine and inland 752630 discount fire 16099 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency expenses 657974 45 17135 87 300563 16 3926 03284 COMPTROLLERGENERAL s EePOKT 9 10 11 12 13 14 15 16 17 20 21 22 23 34 36 39 Salaries 1709176 and expenses 2057693 of special and general agents 37668 69 Salaries fees and all other charges of officers directors trustees and home office employees 49331 06 Bents 4900 00 Advertising 387801 printing and stationer 1008011 13958 12 Postage telegrams telephone and express i 611 15 Legal expenses Furniture and fixtures Maps including corrections 293 d Underwriters boards and tariff associations 9922 31 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 6598 60 Inspections and surveys 2o80 2b State taxes on premiums 21103 18 Insurance department licenses and fees 7893 29 All other licenses fees and taxes Emergency revenue tax City and county tax 2344 7o Other disbursements Miscellaneous expenses 3981 12 Auditors fees 600 00 Remitted to home office 10322 24 Agents balances charged off 1241 49 Total disbursements 1164124 36 IVLedger Assets 4 Book value of bonds 1408973 76 5 Cash in companys office HI 83 6 Deposit in trust companies and banks not on interest per Schedule N 7594 39 7 Deposits in trust companies and banks on interest per Schedule N 193368 15 8 Agents balances representing business written subsequent to Oct 1 1914 144719 18 9 Agents balances representing business written prior to Oct 1 1914 21954 58 12 Other ledger assets viz Deposit with Philadelphia Underwriters Assn 100 00 Deposit with Automobile Underwriters of jr Y 100 00 16 Total ledger assets as per balance Item 40 1776921 89CompteollebGenebals Bepobt 285 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 18866 62 24 Total 18866 62 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 2536 24 30 Gross assets Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 42 Total admitted assets 21954 58 1776370 17 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 256897 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 1181708 172063 52 20850 00 204730 60 41123 36 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 102057371 unearned premiums per recapitulation page 6 col 6 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired time hull and cargo risks 16300259 unearned premiums fifty per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 760764 unearned premiums 100 per cent time hulls 50 per cent 550483 10 81501 30 163607 29 7607 64 10 Total unearned premiums as computed above 639592 04286 ComptrollerGenerals Keport 15 Salaries rents expenses bills accounts fees etc due or accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 20 All other liabilities viz Reserve for contingencies 400 00 26000 00 3000 00 5000 00 23 Total amount of all liabilities except deposit capital 24 Deposit capital 400000 00 25 Surplus over all liabilities 538770 84 837599 53 938770 84 26 Surplus as regards policyholders 27 Total liabilities 1776370 17 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 95716179 2 Written or renewed during the year 206454046 3 Excess of original premiums over amount received for reinsurance 2019814 71 58110 91 4 Total 302170225 3227732 78 5 Deduct those expired and marked off as terminated 175804329 1685383 50 6 In force at the end of the year 126365896 1542349 28 7 Deduct amount reinsured schedule re quired 29059888 351165 34 8 Net amount in force 97306008 1191183 94 Business in the State of Georgia During 1914 1 Gross risks written 2726431 00 Less 82128500 risks cancelled and 345166 reinsurance in companies authorized in Georgia 1166451 00 Net risks written 155980 00 42509 87 2 Gross premiums on risks written Less 943834 return premiums and 534361 premiums for reinsurance in companies authorized in Georgia 14781 95 Net premiums received 27727 92CompteolleeGenebals Eepoet 287 3 Losses paid deducting salvage 14510 99 Less losses on risks reinsured in companies authorized in Georgia 2136 86 Net losses paid 12374 13 4 Losses incurred 16251 40 Less losses on risks reinsured in companies authorized in Georgia 2153 52 Net losses incurred 14097 88 U S BRANCH NORTH BRITISH AND MERCANTILE INSURANCE CO OF NEW YORK CITY United States Manager E G Richards Wm H Hill Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows Statutory deposit New York State 200000 00 5 Amount of ledger assets as per balance December 31 of previous year 9622909 45 IIIncome 6 Gross premiums per Item 2 VI 7305401 69 7 Deduct reinsurance premiums fire 1057 60479 return premiums 135948198 2417086 77 8 Total premiums other than perpetual 4888314 92 9 Deposit premiums written on perpetual risks gross 1537 60 12 Gross interest on bonds and dividends on stocks 331738 00 13 Gross interest on deposits in trust com panies and banks per schedule N 1565 94 14 Gross interest from other sources Underwriters Salvage Co 18000 Wes tern Adj and Inspection Co 1200288 ComptrollerGenerals Report Milwaukee Und Bldg Assn 1448 Phila Und Assn 315 209 63 18 Total gross interest and rents 19 Eeceived from home office 20 From other sources Conscience fund account 27 From agents balances previously charged off 333513 57 36152 06 345 35 4 28 30 Total income 5259867 IIIDisbursements 1 Gross amount paid policyholders for losses including 49193609 occurring in pre vious years v 2 Deduct amount received for salvage fire 3135962 reinsurance fire 71363152 744991 14 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency ex penses 7 Salaries 13849418 and expenses 10520731 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents loloon no 10 Advertising 648979 printing and stationery 3423008 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Municipal Commercial reports and subscriptions 33 Deposit premiums returned 34 Remitted to home office 36 Agents balances charged off 39 Total disbursements 3063946 75 47398 92 1046159 72 19787 51 243701 49 318217 65 37187 81 40719 87 28766 81 2836 04 3366 19 14337 85 82249 22 57205 89 17336 68 81278 88 16950 76 6567 60 12365 84 5087 75 947 20 86890 08 832 64 5234139 15CompteolleeGenebals Eepoet 289 IVLedger Assets 4 Book value of bonds 717231873 and stocks 130536581 per Schedule D 8477684 54 5 Oash in companys office 500 00 7 Deposits in trust companies and banks on interest per Schedule N 253103 97 8 Agents balances representing business written subsequent to Oct 1 1914 873051 47 9 Agents balances representing business written prior to Oct 1 1914 40691 10 11 Bills receivable taken for fire risks 626 00 12 Other ledger assets viz Milwaukee Und Bldg Assn 18100 Un derwriter Salvage Co N Y 100000 Und Salvage Co Chicago 100000 Assn Fire Und Balto Md 10000 Phila Und Assn 10000 Sou Adj Bureau 40000 Westn Adj and Insp Bureau 20000 2981 00 16 Total ledger assets as per balance Item 40 9648638 0 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 95401 24 24 Total 95401 24 30 Gross assets 9039 32 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 40691 10 39 Book value of ledger assets over market value 781740 54 42 Total admitted assets 8921607 68 VLiabilities 1 Gross losses adjusted and unpaid due 7748642 not yet due 200000 79486 42 2 Gross claims for losses in process of ad justment or in suspense plus 1846300 reserve for losses incurred prior to Dec290 ComptrollerGenerals Report 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 as per Schedule E 478546 00 54362 00 612394 42 118097 18 6 Net amount of unpaid losses and claims 494297 24 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 915977391 unearned prem iums per recapitulation page 6 col 6 4673458 35 10 Total unearned premiums as computed above 4673458 35 11 Amount reclaimable by the insured on perpetual fire in surance policies being 95 per cent of the premium or deposit received 15 Salaries rents expenses bills accounts fees etc due or accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 38576 00 15000 00 79500 00 4000 00 23 Total amount of all liabilities except deposit capital 5304831 59 25 Surplus over all liabilities 3616776 09 26 Surplus as regards policyholders 3616776 09 27 Total liabilities 8921607 68 Business in the State of Georgia During 1914 1 Gross risks written 10146912 00 Less 306668800 risks cancelled and 123361300 rein surance in companies authorized in Georgia 4300301 00 Net risks written 5846611 00 2 Gross premiums on risks written 109639 77 Less 1908240 return premiums and 875207 prem iums for reinsurance in companies authorized in Ga 27804 47 Net premiums received 81835 30 ComptrollerGenerals Report 291 3 Losses paid deducting salvage 47512 47 Net losses paid 45388 07 4 Losses incurred 54055 30 Net losses incurred 51499 90 NORTH RIVER INSURANCE COMPANY OF NEW YORK CITY Win E Hutchins President Fredk H Drum Secretary J L Riley Atlanta Ga Attorney for Service ICapital Stock 1 Amount of capita paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 2750876 42 4 Extended at 2750876 42 IIIncome 5 Gross premiums per Item 2 VI page 6 3408372 98 6 Deduct reinsurance premiuKS fire 1011 01296 return premiums fire 68555336 1696566 32 7 Total premiums other than perpetual 1711806 66 9 Gross interest on mortgage loans per Schedule B 10 Gross interest on collateral loans per Schedule C 11 Gross interest on bonds and dividends on stocks less 51249 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 10167 00 347 60 99073 50 4624 67 17 Total gross interest and rents 114212 77 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 615 37 28 Total income 1826634 80292 ComptbollerGenebal s Report IIIDisbursements 1 Gross amount paid polieyholders for losses 2 Deduct amount received for salvage fire 1305982 reinsurance fire 55942736 discount fire 174421 35359 44 574231 39 9 10 11 12 14 15 16 17 20 21 22 Net amount paid polieyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 2032976 and expenses 2962042 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents Advertising 177072 printing and stationery 11 134 93 Postage telegrams telephone and express Legal expenses Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 23 Other disbursements Car fare Ice and water Towels and soap Premiums on surety bonds 34 Paid stockholders for interest or dividends amount de clared during the year 5000000 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 921128 05 31301 23 415630 31 49950 18 135324 77 15000 00 12905 65 5081 43 2097 85 4887 68 24310 64 9913 30 4617 23 31808 10 5897 05 631 18 1559 48 6240 75 80 63 84 36 257 17 302 50 51991 50 1796 87 791 50 41 Total disbursements 1733589 41 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B 211600 00ComptrollerGenerals Eeport 293 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 8690 00 4 Book value of bonds 49715713 and stocks 146417482 per Schedule D 1961331 95 7 Deposits in trust companies and banks on interest per Schedule N 360076 39 8 Agents balances representing business written subsequent to Oct 1 1914 302223 47 16 Total ledger assets as per balance Item 42 2843921 81 NonLedger Assets 17 Interest accrued on mortgages per Sehed ule B 3384 82 18 Interest accrued on bonds per Schedule D Part 1 7624 16 19 Interest accrued on collateral loans per Schedule C Part 1 123 11 24 Total 11132 09 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 7135 05 30 Gross assets 2862188 95 Deduct Assets Not Admitted 38 Book value of ledger assets over market value viz Market value of special deposits in excess of corresponding liabilities 2057 46 41 Total admitted assets 2860131 49 VLiabilities 1 Gross losses adjusted and unpaid not yet due 40352 30 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 241085 00 3 Gross claims for losses resisted 36370 70 4 Total 317808 00 5 Deduct reinsurance due or accrued 104699 31 6 Net amount of unpaid losses and claims 213108 69 294 ComptrollerGenerals 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks 285236729 unearned premiums per recapitulation page 6 col 6 Report 1486938 84 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to stockholders 17 Salaries rents expenses bills accounts fees etc due or 1486938 84 161 25 2000 00 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year 25000 00 26 Total amount of all liabilities except ca 27 Capital actually paid up in cash 1727208 78 500000 00 632922 71 1132922 71 2860131 49 VIRisks and Premiu Fir 1 In force on the 31 day of December as per line 6 under this heading in last ms 3 Risks Prem 396317652 334426345 iums Thereon 4080131 98 2 Written or renewed during the year per 3408372 98 3 Excess of original premiums over amount received for reinsurance 13807 80 730743997 308275248 7502312 76 5 Deduct those expired and marked off 3255202 82 422468749 136870130 4247109 94 7 Deduct amount reinsured schedule re 1394742 65 285598619 i During 1914 2852367 29 Business in the State of Georgii 2750683 00 Less 106845300 risks cancelled and 18617700 rein 1254630 00 1496053 00 ComptrollerGenerals Beport 295 28 Gross premiums on risks written 38892 65 Less 1052197 return premiums and 32982 premiums for reinsurance in companies authorized in Georgia 13741 79 Net premiums received 25150 86 29 Losses paid deducting salvage 30450 62 Less losses on risks reinsured in companies authorized in Georgia 17706 64 Net losses paid 12743 98 30 Losses incurred 16033 62 Less losses on risks reinsured in companies authorized in Georgia 2261 26 Net losses incurred 13772 36 NORTHERN ASSURANCE COMPANY LTD OF LONDON ENGLAND Home Office New York City United States Manager Geo W Babb Edgar Dunlap of Atlanta Ga Attorney for Service IDeposit Capital 1 In the custody of State Officials for the benefit of all policyholders of the com pany in the United States as follows State of New York 525000 00 State of Ohio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 5380297 62 IIIncome 6 Gross premiums per Item 2 VI 4786242 56 7 Deduct reinsurance premiums fire 892 14100 return premiums 84320171 843201 71 8 Total premiums other than perpetual 3050899 85 10 Gross interest on mortgage loans per Schedule B 2916 56296 ComptrollerGeneral s Eeport 12 Gross interest on bonds and dividends on stocks less 353114 accrued interest on bonds acquired during 1914 per Sched ule D 178381 36 13 Gross interest on deposits in trust com panies and banks per Schedule N 6524 40 17 Gross rents from companys property 3268 68 18 Total gross interest and rents 191091 00 19 Received from home office 500338 00 27 From agents balances previously charged off 827 12 28 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 85000 00 Bonds per Schedule D 268 15 30 Total income 3828424 12 IIIDisbursements 1 Gross amount paid policyliolders for losses including 25243866 occurring in pre vious years 2351788 40 2 Deduct amount received for salvage fire 1541070 reinsurance fire 64781020 discount fire 31120 3 4 5 7 10 Net amount paid policyholders for losses 1688256 30 Expenses of adjustment and settlement of losses 37495 66 Commissions or brokerage 507290 68 Salaries 7359132 and expenses 6437206 of special and general agents 137963 38 8 Salaries fees and all other charges of officers directors trustees and home office employees 220052 68 9 Rents 28137 10 Advertising 1389436 printing and stationery 33 16737 47061 73 11 Postage telegrams telephone and express 20331 68 12 Legal expenses 1956 60 15 Furniture and fixtures 4550 95 14 Maps including corrections 8529 06 15 Underwriters boards and tariff associations 48778 88 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 29365 83 17 Inspections and surveys 24101 98 18 Repairs and expenses other than taxes on real estate 1016 48 20 State taxes on premiums 65017 13 21 Insurance department licenses and fees 17167 83ComptrolleeGenebals Repobt 297 22 All other licenses fees and taxes Federal corporation tax 1502 17 County and municipal taxes etc 11701 77 Emergency revenue tax 1444 63 23 Other disbursements Books newspapers and periodicals 986 42 Cleaning heating and lighting 1497 15 Collecton and exchange fees 3821 53 Traveling 7622 31 Miscellaneous 5360 75 34 Remitted to home office 412790 78 36 Agents balances charged off 580 07 37 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 2000 00 39 Total disbursements 3336381 53 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 135000 00 4 Book value of bonds 443992986 and stocks 29426550 per Schedule D 4734195 76 5 Cash in companys office 289 10 6 Deposit in trust companies and banks not on interest per Schedule N 5577 73 7 Deposits in trust companies and banks on interest per Schedule N 389262 41 8 Agents balances representing business written subsequent to Oct 1 1914 571404 49 9 Agents balances representing business written prior to Oct 1 1914 18040 08 11 Bills receivable taken for fire risks 8571 86 12 Other ledger assets viz Balance of account First Russian Insur ance Company 4466 65 Balance of account Salamandra Insur ance Company 5532 13 16 Total ledger assets as per balance Item 40 5872340 21 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 478 12 18 Interest due 2373625 and accrued 27 68091 on bonds per Schedule D part 1 51417 16 24 Total 51895 28298 ComptrollerGenerals Keport 27 30 31 34 35 39 42 1 2 10 15 16 17 23 Other nonledger assets viz Earned profit commissions due from treaty reinsurance admitted companies 13482 84 Gross assets 5937718 33 Deduct Assets Not Admitted Cash Agents balances representing business written prior to Oct 1 1914 Bills receivable past due taken for ma rine inland and fire risks Book value of ledger assets over market value 395129 24 18040 08 8571 86 327305 76 Total admitted assets 5188671 39 VLiabilities Gross losses adjusted and unpaid not yet due Gross claims for losses in process of ad justment or in suspense plus 2669695 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date Gross claims for losses resisted Total Deduct reinsurance due or accrued as per Schedule E 43221 22 350524 18 47645 00 441390 40 101943 56 339446 84 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 322354845 unearned premiums per recapitulation page 6 col 6 2878369 70 Total unearned premiums as computed above 2878369 70 Salaries rents expenses bills accounts fees etc due or accrued 0 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 69665 88 Contingent commissions or other charges due or accrued 9708 89 Total amount of all liabilities except deposit capital 3304860 21ComptrollerGenerals Eepokt 299 24 Deposit capital statutory deposit 200000 00 25 Surplus over all liabilities 1683811 18 26 Surplus as regards policyholders 1883811 18 27 Total liabilities 5188671 39 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 664258374 6781770 19 2 Written or renewed during the year 474677462 4786242 56 3 Excess of original premiums over amount received for reinsurance 2652 85 4 Total 1138935836 11570665 60 5 Deduct those expired and marked off as terminated 442393106 4576931 65 6 In force at the end of the year 696542730 6993733 95 7 Deduct amount reinsured schedule re quired 146812387 1423609 39 8 Net amount in force 549730343 5570124 56 Business in the State of Georgia During 1914 1 Gross risks written 4997579 00 Less 144746200 risks cancelled and 456900 reinsur ance in companies authorized in Georgia 1452031 00 Net risks written 3545548 00 2 Gross premiums on risks written 63977 40 Less 639359 return premiums and 263921 premiums for reinsurance in companies authorized in Georgia 9032 80 Net premiums received 54944 60 3 Losses paid deducting salvage 41352 85 Less losses on risks reinsured in companies authorized in Georgia 645 06 Net losses paid 40707 79300 ComptrolleeGenerals Eeport 4 Losses incurred 47161 71 Less losses on risks reinsured in companies authorized in Georgia 6S5 54 Net losses incurred 46479 17 NORTHERN INSURANCE COMPANY OF NEW YORK CITY William Mason President James Marshall Secretary Milton Dargan Jr Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 350000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 1385439 94 Extended at 1385439 94 IIIncome 5 Gross premiums per Item 2 VI page 6 1191785 12 C Deduct reinsurance premiums fire 157 58675 return premiums fire 189 71810 347304 85 7 Total premiums other than perpetual 844480 27 9 Gross interest on mortgage loans per schedule B 5760 00 11 Gross interest on bonds and dividends on stocks less 29847 accrued interest on bonds acquired during 1914 per Sched ule D 55837 40 12 Gross interest on deposits in trust com panies and banks per Schedule N 431 30 1 7 Total gross interest and rents 27 Cross increase by adjustment in book value of ledger assets viz Stocks per Schedule D 02128 70 200 00 28 Total income 90670S 97ComptkolleeGtenekals Bepoet 301 IIIDisbursements 1 Gross amount paid policy holders for losses including 3008422 occurring in pre vious years 562689 99 2 Deduct amount received for salvage fire 344144 reinsurance fire 11885532 discount fire 71593 123012 69 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 9 Eents 10 Advertising 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 City licenses Internal revenue 23 Other disbursements Agents bonds Audit Safe deposit rental 34 Paid stockholders for interest or dividends amount de clared during the year 2100000 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D Stocks per Schedule D 439677 30 11087 05 305229 84 1520 00 5300 00 5 20 5909 23 8137 67 16047 20 5538 15 548 50 63 01 445 25 437 50 55 00 21000 00 12830 00 40320 00 41 Total disbursements 874150 90 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B 128000 00 4 Book value of bonds 41930000 and stocks 65539250 per Schedule D 1074692 50 5 Cash in companys office 2897 89 6 Deposits in trust companies and banks not on interest per Schedule N 28084 94 7 Deposits in trust companies and banks on interest per Schedule N 69056 37302 CompteolleeGeneeals Bepoet 8 Agents balances representing business written subsequent to Oct 1 1914 114171 58 9 Agents balances representing business written prior to Oct 1 1914 1094 73 16 Total ledger assets as per balance Item 42 l41998 01 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 1728 75 4729 12 24 Total 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 6457 87 901 10 30 Gross assets 1425356 88 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 1094 73 41 Total admitted assets M24 262 15 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 901311 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date5 3 Gross claims for losses resisted 4 Total 5 Deduct reinsurance due or accrued 91219 07 5350 00 96569 07 19780 27 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all miexpired fire risks 1423947 unearned prem iums per recapitulation page 6 col 6 755453 63 10 Total unearned premiums as computed above 76788 80 755453 63ComptrollerGenerals Report 303 18 26 27 28 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 15000 00 Total amount of all liabilities except capital 847242 43 Capital actually paid up in cash 350000 00 Surplus over all liabilities 227019 72 29 Surplus as regards policyholders 577019 72 30 Total liabilities 1424262 15 VIRisks and Premiums In force on the 31 day of Dec as per line 6 under this heading in last years statement 153891368 1459992 46 Written or renewed during the year per Income No 5 119083996 1191785 12 Total 272975364 2651777 58 Deduct those expired and marked off as terminated 95789449 996557 36 In force at the end of the year 177185915 1655220 22 Deduct amount reinsured schedule re quired 249883152 231273 22 Net amount in force 152197563 1423947 00 NORTHWESTERN NATIONAL INSURANCE COMPANY OF MILWAUKEE WISCONSIN Wilford M Patton President Joseph Huebl Secretary H L Layfield Attorney for Service 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 7069409 22 i 7069409 22 4 Extended at M 304 CompteolleeGeneeals Kepobt IIIncome 5 Gross premiums per Item 2 VI page 6 3418172 43 6 Deduct reinsurance premiums fire 330 89203 return premiums fire 346 13547 marine and inland 266534 679692 84 7 Total net premiums other than perpetual 2738479 o9 9 Gross interest on mortgage loans per Schedule B 62944 09 11 Gross interest on bonds and dividends on stocks less 19500 accrued interest on bonds acquired during 1914 per Sehed r 208208 SO ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 2363 03 13 Gross interest from all other sources On branch office bank deposits 512 73 On bills receivable 236 39 From all other sources per Schedule X 220 31 16 Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 10000 00 17 Total gross interest and rents 28448o 3d 18 From all other sources Deposit returned from Milwaukee Board of Fire Underwriters 50 00 25 From agents balances previously charged off 84 82 28 Total income 3023099 76 IIIDisbursements 1 Gross amount paid policyholders for losses including 14444340 occurring in pre vious years 1527288 16 2 Deduct amount received for salvage fire 1180175 reinsurance fire 17130531 discount fire 10838 183215 44 3 Net amount paid policyholders for losses 1344072 72 4 Expenses of adjustment and settlement of losses 41674 26 5 Commissions or brokerage 657102 36 6 Allowances to agencies for miscellaneous agency expenses 7211 13 7 Salaries 7227000 and expenses 20227948 of special and general agents 274549 48 8 Salaries fees and all other charges of officers directors trustees and home office employees 107697 40ComptrollerGenerals Eeport 305 9 Rents including 1000000 for companys occupancy of its own buildings 10000 00 10 Advertising 108281 printing and stationery 1464742 15730 23 11 Postage telegrams telephone and express 24527 64 12 Legal expenses 455 00 13 Furniture and fixtures 1749 00 14 Maps including corrections 6355 70 15 Underwriters boards and tariff associations 12751 99 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 16826 40 17 Inspections and surveys 302 50 18 Repairs and expenses other than taxes on real estate 4448 98 19 Taxes on real estate 4649 50 20 State taxes on premiums 75677 63 21 Insurance department licenses and fees 19096 50 22 All other licenses fees and taxes Federal corporation tax 4142 69 Miscellaneous municipal and county taxes and licenses 7174 57 23 Other disbursements Subscriptions and publications 524 03 Bradstreet Co 1935 22 Typewriters dictaphones and repairs 954 76 Premiums of fidelity and State bonds 726 47 Western Insurance Bureau 2816 45 Underwriters Protective Association 250 00 Revenue stamps 1199 64 National Board of Fire Underwriters 2596 87 Miscellaneous expenses 820 37 34 Paid stockholders for interest or dividends amount de clared during the year 15000000 150000 00 38 Agents balances charged off 625 6 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 128 33 41 Total disbursements 2798773 68 IVLedger Assets 1 Book value of real estate 178000 00 2 Mortgage loans on real estate per Sched ule B first liens 1358000 00 4 Book value of bonds 4994536 49 5 Cash in companys office 53127 70 7 Deposits in trust companies and banks on interest per Schedule N 308099 91 8 Agents balances representing business written subsequent to Oct 1 1914 381752 58306 ComptrollerGenerals Report 9 Agents balances representing business written prior to Oct 1 1914 11 Bills receivable taken for fire risks 18722 47 1496 15 16 Total ledger assets as per balance Item 42 7293735 30 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 10707 66 24695 67 24 30 Total 35403 33 7329138 63 Gross assets Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 18722 47 35 Bills receivable past due taken for ma rine inland and fire risks 1496 lo 37 Overdue and accrued interest on bonds in default 3125 00 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 931 63 40 Book value of bonds over market value 591253 09 661528 36 42 Total admitted assets 6667610 27 VLiabilities 1 Gross losses adjusted and unpaid 2 Gross claims for losses in process of ad justment or in suspense plus 1002283 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 63455 70 136394 72 29221 71 4 Total 229072 13 5 Deduct reinsurance due or accrued as per Schedule E 23360 16 Net amount of unpaid losses and claims 805711 9ComptrollerGenerals Report 307 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 646995486 unearned prem iums per recapitulation page 6 col 6 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 1719244 unearned premiums fifty per cent 3296088 31 8596 22 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 22 All other liabilities viz Conflagration reserve 25 Total amount of all liabilities except capital 26 Capital actually paid up in cash 1000000 00 27 Surplus over all liabilities 1520377 01 1667 76 110000 00 25169 00 500000 00 4147233 26 28 Surplus as regards polieyholders 2520377 01 29 Total liabilities 6667610 27 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 775481785 6891800 86 2 Written or renewed during the year per Income No 5 347054119 3378843 47 4 Tota 1122535904 10270644 33 5 Deduct those expired and marked off as terminated 320891417 3219441 86 6 In force at the end of the year 801644487 7051202 47 7 Deduct amount reinsured schedule re quired 62041913 581247 61 8 Net amount in force 739602574 6469954 86308 CoMPTROLLERGrENERAL s REPORT Business in the State of Georgia During 1914 1 Gross risks written 1453981 00 Less 10613000 risks cancelled and 34977400 reinsur ance in companies authorized in Georgia 455904 00 Net risks written 998077 00 2 Gross premiums on risks written 19492 40 Less 194176 return premiums and 386117 premiums for reinsurance in companies authorized in Georgia 5802 93 Net premiums received 13689 47 3 Losses paid deducting salvage 864 13 4 Losses incurred 939 13 NORWICH UNION FIRE INSURANCE SOCIETY OF NEW YORK CITY Home Office 59 John Street New York City United States Managers J Montgomery Hare William Hare Augustus Wilkerson Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows 200000 00 5 Amount of ledger assets as per balance December 31 of previous year 3099918 25 IIIncome 6 Gross premiums per Item 2 VI 3109084 32 7 Deduct reinsurance premiums fire 741 66316 return premiums 44260703 1184270 19 8 Total premiums other than perpetual 1924814 13 12 Gross interest on bonds and dividends on stocks less 45912 accrued interest on bonds acquired during 1914 per Sched ule D 106734 48CoMPTROLLERGtENERALs BEPORT 309 13 Gross interest on deposits in trust com panies and banks per Schedule N 2694 46 14 Gross interest from other sources Dividends on stock of the Underwriters Salvage Co of N Y per Schedule X 100 00 18 Total gross interest and rents 109528 94 27 From agents balances previously charged off 116 41 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 750 00 Stocks per Schedule D 1071 84 30 Total income 2036281 32 IIIDisbursements Pire Marine and Inland 1 Gross amount paid policyholders for losses including 159 23311 occurring in previous years 1640382 98 53 95 2 Deduct amount received for sal vage fire 1404292 reinsur ance fire 50291759 516960 51 62 56 10 11 12 13 14 15 16 17 20 21 22 Net amount paid policyholders for losses 1123422 47 Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency expenses Salaries 6193728 and expenses 4636301 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents Advertising 355313 printing and stationery 1710982 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 61 1123413 86 22587 71 342902 74 735 30 108300 29 120821 50 16395 21 20662 95 13458 43 398 46 2517 68 5630 21 29638 28 18529 97 7183 33 37570 53 14301 47 42 10310 ComptrollerGenerals Eeport War tax 543 63 Tax on Deposit in Va 16 50 City and County taxes and licenses 9515 38 23 Other disbursements Subscriptions to directories ins and other publications 1105 96 Water ice towels and petty office supplies 534 43 Rent of safe deposit vaults and premiums on bonds 485 66 Auditors fees and credit reports 2483 50 Library bureau for statistical tabulation 2675 53 Miscellaneous disbursements 1317 28 Payment on account of interest on bonded indebtedness 6690 00 34 Remitted to home office 40410 41 36 Agents balances charged off 1156 39 39 Total disbursements 1952024 69 IVLedger Assets 16 Book value of bonds 205445467 and stocks 50925576 per Schedule D 2563710 43 Cash in companys office 2255 06 Deposit in trust companies and banks not on interest per Schedule N 3781 72 Deposits in trust companies and banks on interest per Schedule N 262295 63 Agents balances representing business written subsequent to Oct 1 1914 336928 82 Agents balances representing business written prior to Oct 1 1914 11531 84 Billsreceivable taken for fire risks 1866 63 Other ledger assets viz Balances in hands of special agents 1804 75 Total ledger assets as per balance Item 40 3184174 NonLedger Assets Interest due 1481250 and accrued 12 52582 on bonds per Sched D part 1 27338 32 24 30 Total 27338 32 Gross assets 3211513 20 Deduct Assets not Admitted 31 Cash 1797611 ami all investments 2 55000 not in control of trustees 20526 11ComptrollerGenerals Report 311 34 Agents balances representing business written prior to Oct 1 1914 11531 84 35 Bills receivable past due taken for ma rine inland and fire risks 1866 63 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 1268 86 39 Book value of ledger assets over market value viz 67554 43 Balances in bands of special agents 1804 75 104552 62 42 Total admitted assets 3106960 58 VLiabilities 1 Gross losses adjusted and unpaid due 17542664 not yet due 265074 178077 38 2 Gross claims for losses in process of ad justment or in suspense plus 4548336 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 130998 26 3 Gross claims for losses resisted 23613 50 4 Total 332689 14 5 Deduct reinsurance due or accrued as per Schedule E 126604 47 6 Net amount of unpaid losses and claims 206084 67 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 328212813 unearned prem iums per recapitulation page 6 col 6 1684405 17 10 Total unearned premiums as computed above 1684405 17 15 Salaries rents expenses bills accounts fees etc due or 7841 33 accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 43035 00 17 Contingent commissions or other charges due or accrued 3035 00 23 Total amount of all liabilities except deposit capital 1944401 17312 ComptrollerGenerals Eeport 24 Deposit capital 200000 00 25 Surplus over all liabilities 962559 41 26 Surplus as regards policyholders 1162559 41 27 Total liabilities 3106960 58 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 407659139 4118909 65 2 Written or renewed during the year 289906084 3109084 32 3 Excess of original premiums over amount received for reinsurance 21313 46 4 Total 697565223 7249307 43 5 Deduct those expired and marked off as terminated 269646817 2955999 50 6 In force at the end of the year 427918406 4293307 93 7 Deduct amount reinsured schedule re quired 102849419 1011179 80 8 Net amount in force 325068987 3282128 13 Business in the State of Georgia During 1914 1 Gross risks written 3528574 00 Less 82189400 risks cancelled and 19656100 reinsur ance in companies authorized in Georgia 1018455 CO Net risks written 2510 119 00 2 Gross premiums on risks written 32816 61 Less 391288 return premiums and 141169 premiums for reinsurance in companies authorized in Georgia 5324 57 Net premiums received 27492 04 3 Losses paid deducting salvage 17112 48 Less losses on risks reinsured in companies authorized in Georgia 4861 91 Net losses paid 12250 57ComptrollerGenerals Report 313 4 Losses incurred 22767 38 Less losses on risks reinsured in companies authorized in Georgia 4860 70 Net losses incurred 17906 68 ORIENT INSURANCE COMPANY OF HARTFORD CONN Home Office 2022 Trinity St Hartford Conn Archibald G Mcllwaine Jr President Henry W Gray Jr Secretary W R Hoyt 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 years 3740362 31 4 Extended at 3740362 31 IIIncome 5 Gross premiums per Item 2 VI page 6 2577918 46 6 Deduct reinsurance premiums fire 558 11559 marine and inland 1152307 return premiums fire 41100317 ma rine and inland 3358387 1014225 70 7 Total premiums other than perpetual 1563692 76 11 Gross interest on bonds and dividends on stocks less 367493 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Gross interest from Philadelphia Under writers Assn Gross interest agents balances 16 Gross rents from companys property in cluding 456803 for companys occu pancy of its own buildings 116350 57 12268 41 3 15 5 60 12500 00 17 Total gross interest and rents 141127 73314 ComptrollerGenerals Eeport 25 From agents balances previously charged off 28 Total income IllDisbursements 5 00 1704825 49 1 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Gross amount paid policyholders for losses including 85281B4 occurring in pre vious years l178o67 72 Deduct amount received for salvage fire 1296425 marine and inland 131703 reinsurance fire 26922381 marine and inland 209549 discount fire 25427 285854 85 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 3150022 and expenses 2693681 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents including 456803 for companys occupancy of its own buildings Advertising 4731601 printing and stationery 1791324 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 1653 16 Municipal taxes and fees 4923 99 United States emergency stamp taxes 597 10 Franchise tax 13673 00 892712 87 27043 22 321597 62 1197 28 58437 03 73677 53 9599 05 22229 25 10191 48 222 40 1325 48 3472 80 22463 22 18970 32 7072 68 3451 02 3649 00 28457 39 11986 24 20847 25 23 Other disbursements Collection and exchange 900 67 H COMPTROLLEKGrENEKAL s Report 315 930 95 6270 03 8101 65 39 41 Gross loss on sale or maturity of ledger assets viz 6938 60 1553643 38 IVLedger Assets 1 2 4 5 7 8 9 11 12 167686 38 4215 65 3122694 94 2799 28 298780 55 284162 74 10846 17 123 75 234 96 Mortgage loans on real estate per Sched Book value of bonds 303443234 and stocks 8826260 per Schedule D Deposits in trust companies and banks on Agents balances representing business Agents balances representing business written prior to Oct 1 1914 Bills receivable taken for fire risks Other ledger assets viz Balance due from Total ledger assets as per balance Item 42 3891544 42 NonLedger Assets 20 30 Interest accrued on mortgages per Sched 38 64 43128 75 68 75 Interest due 2307000 and accrued 2005875 on bonds per Schedule D part 1 Interest accrued on other assets On bank 43236 14 3934780 56 Deduct Assets Not Admitted 33 34 Market value of special deposits in excess Agents balances representing business 40761 90 10846 17 316 ComptrollerGeneral s Report 37 Overdue and accrued interest on bonds in default 3083 34 38 Book value of ledger assets over market value viz Balances due from other companies 31 21 Bonds and stocks 254385 94 309108 56 41 Total admitted assets 3625672 00 VLiabilities 1 Gross losses adjusted and unpaid due 3239800 not yet due 322526 2 Gross claims for losses in process of ad justment or in suspense plus 671800 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 35623 26 133605 37 19855 00 4 Total 5 Deduct reinsurance due or accrued 189083 63 78736 30 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 275197657 unearned prem iums per recapitulation page 6 col 6 1425463 71 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 10514444 unearned premiums fifty per cent 110347 33 52572 22 10 Total unearned premiums as computed above 1478035 93 7 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 866 40 30500 00 3600 00 256 90 26 Total amount of all liabilities except capital 1623606 56COMPTROLLEEGrENEEALs RePOET 317 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 1002065 44 29 Surplus as regards polieyholders 2002065 44 30 Total liabilities 3625672 00 VIRisks and Premiums 1 In force on the 31st day of December as per line 6 under this heading in last years statement 341773302 3457700 00 2 Written or renewed during the year per Income No 5 234174882 2421162 59 4 Total 575948184 5878862 59 5 Deduct those expired and marked off as terminated 215991731 2338080 75 6 In force at the end of the year 359956453 3540781 84 7 Deduct amount reinsured schedule re quired 78393520 788805 27 8 Net amount in force 281562933 2751976 57 Business in the State of Georgia During 1914 27 Gross risks written 2129947 00 Less 61017600 risks cancelled and 715300 reinsurance in companies authorized in Georgia 617329 00 Net risks written 1512618 00 28 Gross premiums on risks written 32279 16 Less 540747 return premiums and 26176 premiums for reinsurance in companies authorized in Georgia 5669 23 Net premiums received 26609 93 29 Losses paid deducting salvage 27832 75 30 Losses incurred 25834 27318 ComptrollerGenerals Report PACIFIC FIRE INSURANCE COMPANY OF NEW YORK CITY C V Meserole President H G Stephens Secretary Hughes Yates Lewis Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 400000 2 Amount of ledger assets as per balance Dec 31 of previous years 1254767 58 4 1254767 58 Extended at IIIncome 5 Gross premiums per Item 2 VI page 6 920874 62 6 Deduct reinsurance premiums fire 132 40536 return premiums fire 267 12502 399530 38 7 Total premiums other than perpetual 521344 24 11 Gross interest on bonds and dividends on stocks 52596 20 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Special deposit of 10000 with Philadel phia Underwriters 385 81 6 30 17 Total gross interest and rents 18 From other sources Principal and interest on 2d mortgage Sale of old shelving Sale of old paper On account of Union Pacific Railroad Co stock Loan from Liberty National Bank 52988 31 63 12 25 00 600 00 302 27 20000 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 992 14 20990 39 4087 76 28 Total income 599410 70CompteollerGteneeals Eepoet 319 IIIDisbursements 1 Gross amount paid policyholders for losses including 10804296 occurring in pre vious years 2 Deduct amount received for salvage fire 658274 reinsurance fire 14200202 discount fire 245000 603798 91 151034 76 3 Set 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 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents 10 Advertising 56281 printing and stationery 141038 11 Postage telegrams telephone and express 12 Legal expenses 15 Underwriters boards and tariff associations 20 State taxes on premiums 21 Insurance department licenses and fees 23 Other disbursements Interest on demand loan 228 33 Paid old stockholders of the Greenwich Insurance Company 151 85 34 Paid stockholders for interest or dividends amount de clared during the year 4000000 39 Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 40 Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 41 Total disbursements 452764 15 10865 50 134763 28 28 36 12271 85 1135 00 1973 19 69 15 1140 40 4996 38 10599 68 3275 14 380 18 40000 00 2469 08 302 27 679885 61 IVLedger Assets 4 Book value of bonds 39473687 and stocks 68760722 per Schedule D 1082344 09 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 174 47 14409 08 19387 81320 ComptrollerGenerals Report 8 Agents balances representing business written subsequent to Oct 1 1914 121472 57 16 Total ledger assets as per balance Item 42 1237788 02 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 3135 24 30 Total 3135 80 Gross assets i0923 82 Deduct Assets Not Admitted 38 Book value of ledger assets over market value 60265 09 41 Total admitted assets 1180658 73 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 319000 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 100623 13 3 Gross claims for losses resisted 5250 00 4 Total 5 Deduct rensurance due or accrued 105873 13 13151 04 92819 09 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 67969187 unearned prem iums per recapitulation page 6 col 6 849840 4 10 Total unearned premiums as computed above 349840 1 15 Interest due or accrued including 30000 on borrowed money 30 M 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 5 20 Funds held under reinsurance treaties 1017 08 22 Due and to become due for borrowed money 20000 00 26 Total amount of all liabilities except capital 468976 itComptrollerGenerals Beport 321 27 Capital actually paid up in cash 400000 00 28 Surplus over all liabilities 311682 09 29 Surplus as regards policyholders 711682 09 30 Total liabilities 1180658 73 VIRisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 75417451 1011366 51 2 Written or renewed during the year per Income No 5 80473094 920874 62 4 Total 155890545 193224113 5 Deduct those expired and marked off as terminated 95709804 1098775 66 6 In force at the end of the year 60180741 833465 47 7 Deduct amount reinsured schedule re quired 13244495 153774 10 Net amount in force 46936246 679691 37 PALATINE INSURANCE COMPANY LTD OF LONDON ENGLAND Home Office New York City United States Manager A H Wray John A Whitner Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York 218000 00 Ohio 1000 00 5 Amount of ledger assets as per balance December 31 of previous year 3351523 59322 CoMPTBOLLERGrENEKALs KePORT IIIncome 6 Gross premiums per Item 2 VI 8206526 21 7 Deduct reinsurance premiums fire 586 57551 return premiums 61856778 1205143 29 8 Total premiums other than perpetual 12 Gross interest on bonds and dividends on stocks 13 Gross interest on deposits in trust com panies and banks per Schedule N 119500 00 4103 63 2001382 92 18 Total gross interest and rents 19 Received from home office 27 From agents balances previously charged off 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 123603 63 5148 38 5 00 1781 25 30 Total income 2131921 18 IIIDisbursements 1 Gross amount paid policyholders for losses including 162252 37 occurring in pre vious years 1551622 72 2 Deduct amount received for salvage fire 1347192 reinsurance fire 36855658 379028 50 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of Tosses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency ex penses 7 Salaries 3381516 and expenses 2570200 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rnts 10 Advertising 101499 printing and stationery 1624667 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Dire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 1172594 22 35860 12 439386 75 4288 15 59517 16 82052 27 11356 64 17261 46 10581 97 167 92 972 34 4312 69 24622 81 15768 40 10371 68 34680 02ComptbollebGenebals Eepoet 323 21 Insurance department licenses and fees 9660 91 22 All other licenses fees and taxes Federal corporation tax 1765 14 Franchise tax 1473 56 State county and municipal licenses and fees 7691 16 10929 86 32 Exchange 1694 14 34 Eemitted to home office 158161 42 36 Agents balances charged off 134 24 38 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 5376 40 39 Total disbuTsements 2109751 57 IVLedger Assets 4 Book value of bonds 226286902 and stocks 35063020 per Schedule D 2613499 22 6 Deposit in trust companies and banks not on interest per Schedule N 6229 41 7 Deposits in trust companies and banks on interest per Schedule N 368689 53 8 Agents balances representing business written subsequent to Oct 1 1914 371533 71 9 Agents balances representing business written prior to Oct 1 1914 13395 73 11 Bills receivable taken for fire risks 345 60 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 30030 00 24 Total 30030 00 30 Gross assets 3403723 20 Deduct Assets not Admitted 31 Cash 22425317 and all investments 251 86000 not in control of trustees 476113 17 34 Agents balances representing business written prior to Oct 1 1914 13395 73324 ComptrollerGenerals Report 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 26953 92 39 Book value of ledger assets over market value viz Bonds and stocks 177599 22 694062 04 42 Total admitted assets 2709661 16 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1571700 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 37409 00 231264 00 13006 00 281679 00 61700 00 6 Net amount of unpaid losses and claims 219979 00 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 368822344 unearned prem iums per recapitulation page 6 col 6 1915961 08 10 Total unearned premiums as computed above 1915961 08 15 Salaries rents expenses bills accounts fees etc due or accrued 930 00 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 40030 00 17 Contingent commissions or other charges due or accrued 4436 00 23 Total amount of all liabilities except deposit capital 2181336 08 24 Deposit capital 200000 00 25 Surplus over all liabilities 328325 08 26 Surplus as regards policyholders 528325 08 27 Total liabilities 2709661 16ComptrollerGenerals Eeport 325 VIBisks and Premiums Fire Risks Premiums Thereon 1 In force December 31 1913 371403895 4060753 60 2 Written or renewed in 1914 282705067 3206526 21 4 Totals 654108962 7267279 81 5 Deduct expirations and cancellations 249210180 2865395 12 6 In force December 31 1914 404898782 4401884 69 7 Deduct amount reinsured 67049298 713661 25 8 Net amount in force 337849484 3688223 44 PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILADELPHIA PA R Dale Benson President W Gardner Crowell Secretary W E Ohapin Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 8465726 89 Extended at 8465726 89 IIIncome Gross premiums per Item 2 VI page 6 5223806 36 Deduct reinsurance premiums fire 779 09250 return premiums fire 796 52332 1575615 82 10 Total premiums other than perpetual 3648190 54 Deposit premiums written on perpetual risks gross 23930 83 Gross interest on mortgage loans per Schedule B 9050 00 Gross interest on collateral loans per Schedule C 15148 62326 ComptbollerGteneeals Report 11 Gross interest on bonds and dividends on stocks less 519640 accrued interest on bonds acquired during 1914 per Sched ule D 292109 82 12 Gross interest on deposits in trust com panies and banks per Schedule N 4898 03 13 Gross interest from all other sources Interest on perp policy on office bldg 35 65 16 Gross rents from companys property in cluding 800000 for companys occu pancy of its own buildings 8158 22 17 Total gross interest and rents 32939o 34 18 From other sources Assignments of perpetual policies 361 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 974i 59 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 6169 09 28 Total income 4017791 39 IIIDisbursements 1 Gross amount paid policyholders for losses including 34251973 occurring in pre vious years 2687715 52 2 Deduct amount received for salvage fire 1664901 reinsurance fire 33817293 354821 94 3 Net amount paid policyholders for losses 2332893 58 4 Expenses of adjustment and settlement of losses 49858 68 5 Commissions or brokerage 800658 81 7 Salaries 12043210 and expenses 2892092 of special and general agents 149363 02 8 Salaries fees and all other charges of officers directors trustees and home office employees 76440 33 9 Bents including 800000 for companys occupancy of its own buildings 22623 67 10 Advertising 474261 printing and stationery 2237096 27113 57 11 Postage telegrams telephone and express 21317 26 12 Legal expenses 12S7 26 13 Furniture and fixtures 379i 22 14 Maps including corrections 9008 29 15 Underwriters boards and tariff associations 45928 37 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 3442 90 17 Inspections and surveys 10095 95 18 Kepairs and expenses other than taxes on real estate 1001 71ComptrollerGenerals Eeport 327 19 Taxes on real estate 2430 00 20 State taxes on premiums 81407 22 21 Insurance department licenses and fees 15779 34 22 All other licenses fees and taxes Federal corporation tax 2456 69 Municipal licenses and fees 6583 85 Tax on capital stock 8591 53 17632 07 23 Other disbursements Entertaining agents 1005 09 Dinners 3613 72 Bradstreets surety bonds 1836 50 Coal 448 50 Miscellaneous expenses 1501 85 Revenue stamps 693 00 9098 66 33 Deposit premiums returned 27335 75 34 Paid stockholders for interest or dividends amount de clared during the year 225000 00 38 Agents balances charged off 15362 19 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 11062 50 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 1778 74 41 Total disbursements 3961714 09 IVLedger Assets 1 Book value of real estate 189377 07 2 Mortgage loans on real estate per Sched ule B 170750 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule 0 124979 12 4 Book value of bonds 659771401 and stocks 43215494 per Schedule D 7029868 95 5 Cash in companys office 807 20 7 Deposits in trust companies and banks on interest per Schedule N 214360 82 8 Agents balances representing business written subsequent to Oct 1 1914 777021 70 9 Agents balances representing business written prior to Oct 1 1914 14639 33 16 Total ledger assets as per balance Item 42 8521804 19328 ComptkollerGtenebals Report NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 19 Interest accrued on collateral loans per Schedule C part 1 2198 22 91818 18 1458 33 24 Total 8617278 92 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 38 Book value of ledger assets over market value viz Bonds and stocks Real estate 14639 33 462072 45 50377 07 527088 85 41 Total admitted assets 8090190 07 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 500000 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 25615 52 422060 18 25591 87 4 Total 5 Deduct reinsurance due or accrued 473267 57 48321 91 6 Net amount of unpaid losses and claims 424945 66 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 704508191 unearned prem iums per recapitulation page 6 col 6 3582448 89 10 Total unearned premiums as computed above 3582448 89 11 Amount reclaimable by insured on perpetual fire insur ance policies being 90 per cent of the premium or de posit received i006742 18ComptrollerGenerals Report 329 17 18 19 26 27 28 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 2500 00 50000 00 25000 00 Total amount of all liabilities except capital 5151636 73 Capital actually paid up in cash 750000 00 Surplus over all liabilities 2188553 34 29 Surplus as regards policyholders 2938553 34 30 Total liabilities 8090190 07 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 770870357 7671723 31 2 Written or renewed during the year per Income No 5 482864572 5223806 36 Total 1253734929 12895529 67 Deduct those expired and marked off as terminated 46963426 4730755 77 In force at the end of the year 784100633 8164763 90 Deduct amount reinsured schedule re quired 109273157 1119681 99 Net amount in force 674827476 704508191 Perpetual risks not included above 46901740 00 Deposit premiums on same 1185269 09 PENNSYLVANIA LUMBERMENS MUTUAL INSURANCE COMPANY OF PHILADELPHIA PA Edward F Henson President Harry Humphreys Secretary F Wade Vaughan Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 610087 72 4 Extended at 610087 72330 ComptrollerGenerals Eepoet IIIncome 5 Gross premiums per Item 2 VI page 6 526712 87 6 Deduct reinsurance premiums fire 14054 return premiums fire 6309151 63232 05 7 Total net premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B less 69404 accrued interest on mortgages acquired during 1914 per Schedule D 11 Gross interest on bonds and dividends on stocks less 40328 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 649 96 21775 64 3021 73 463480 82 17 Total gross interest and rents 18 From all other sources Commission on mortgages purchased Transfer of agency and brokerage profits Withheld from salaries at source acct federal income tax 455 00 10000 00 100 00 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D part 4 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule I part 1 Stocks per Schedule D 28 Total income TTTDisbursements 1 Gross amount paid policyholders for losses including 158590 occurring in pre vious years 2 Deduct amount received for salvage fire 40150 reinsurancefire 50000 dis count fire 62042 170612 05 1521 92 3 Net amount paid policyholders for lossesI 4 Expenses of adjustment and settlement of losses 5 Inspection charges S Salaries fees and all other charges of officers directors trustees and home office employees 25447 33 10555 00 191 25 6755 00 100 00 506529 40 169090 13 1352 68 28004 09 32129 68ComptrollerGenerals Eeport 331 9 Rents 10 Advertising 210848 printing and stationery 183787 11 Postage telegrams telephone express and incidentals 12 Legal expenses 13 Furniture and fixtures 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax additional for 1911 23 Other disbursements Traveling expenses 34 Dividends to policyholders 18071873 less dividends received from reinsuring companies 2657 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D part 1 41 Total disbursements 2768 00 3946 35 3654 08 526 45 438 27 493 77 11233 01 6254 64 1445 09 1370 23 2011 98 180692 16 192 68 80O 00 446403 29 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 4 Book value of bonds 50620000 and stocks 215000 per Schedule D 5 Cash in companys office 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 12 Other ledger assets viz Office furniture and fixtures 16 Total ledger assets as per balance Item 42 NonLedger Assets 57500 00 508350 00 1686 51 72365 46 26307 95 59 44 3944 47 m 42 670213 83 17 Interest accrued on mortgages per Sched ule B 121 91 18 Interest accrued on bonds per Schedule D part 1 7117 08 24 Total 8398 99332 ComptrollerGenerals Eeport 27 Other nonledger assets viz Due from Justin Peters agency 30 Gross assets Deduct Assets Not Admitted 33 Furniture fixtures and safes 34 Agents balances representing business written prior to Oct 1 1914 39 Book value of ledger assets over market value viz Carried at market value Due from Justin Peters agency 42 Total admitted assets VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 856 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 13204 02 2171 25 4 Total 1537527 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 45297283 unearned prem iums per recapitulation page 6 col 6 226486 42 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 Inspection charges due 22 All other liabilities viz Withheld from salaries at source account federal income tax 25 Total amount of all liabilities 27 Net cash surplus over all liabilities 418059 04 4093 87 682706 69 mitt ed 3944 47 59 44 5562 78 4093 87 13660 56 669046 13 15375 27 226486 42 109 51 6884 61 2031 28 100 00 250987 09 28 Net cash surplus as regards policyholders 29 Total liabilities 418059 04 669046 13ComptrollerGenerals Eeport 333 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 20449196 441816 66 2 Written or renewed during the year per Income No 5 24255067 526712 87 4 Total 44704263 968529 53 5 Deduct those expired and marked off as terminated 23460760 515492 00 6 In force at the end of the year 21243503 453037 53 7 Deduct amount reinsured Indiana Lum bermens Mutual Ins Co Ind ins 600000 prems 4470 Central Manufacturers Mutual Ins Co Ohio ins 250000 prems 2000 8500 64 70 8 Net amount in force 21235003 452972 83 Business in the State of Georgia During 1914 1 Gross risks written 379170 00 Less risks cancelled 85166 67 Net risks written 294003 33 2 Gross premiums on risks written 11760 86 Less return premiums and dividends 6034 55 Net premiums received 5726 31 3 Losses paid deducting salvage 2814 50 4 Losses incurred 2823 06 PENNSYLVANIA MILLERS MUTUAL FIRE INSURANCE COMPANY OF WILKES BARRE PA Asher Miner President John Hoffa Secretary F Wade Vaughan Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 432044 05 4 Extended at 432044 05334 ComptrollerGenerals Eeport IIIncome 5 Gross deposit premiums per Item 2 VI page 6 121136 31 6 Deduct return premiums fire 96430 23 Total net deposit premiums written 24706 08 Assessments collected 140526 11 7 Total net deposit premiums and assessments 9 Gross interest on mortgage loans per Schedule B 11 Gross interest on bonds and dividends on stocks less 67697 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 14 28 Total interest Total income 1386 00 16773 03 790 85 165232 19 18949 88 616226 12 IIIDisbursements 1 Gross amount paid policyholders for losses including 96758 occurring in pre vious years 1 2 Deduct amount received for salvage fire 736 discount fire 13183 77235 72 139 19 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 9 Rents 10 Advertising 97024 printing and stationery 61815 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 77096 53 677 84 6652 48 15430 00 630 00 1588 29 901 24 233 90 580 40 26 02 11645 58 1172 26 803 52 COMPTROLLER GENERAL s BePORT 335 22 All other licenses fees and taxes Federal corporation tax Tax on investments 95 46 272 84 23 Other disbursements Annual and special meeting expenses Auditing Commercial reports Premium on Guaranty Bonds Sundries 352 29 125 00 160 00 124 00 250 01 40 41 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D premiums on bonds purchased Total disbursements 12 16 17 18 20 IVLedger Assets Mortgage loans on real estate per Sched ule B first liens 23100 00 Book value of bonds 426743 50 Cash in companys office 4601 93 Deposits in trust companies and banks not on interest per Schedule N 8993 44 Deposits in trust companies and banks on interest per Schedule N 26468 67 Agents balances representing business written subsequent to Oct 1 1914 5587 76 Other ledger assets viz Balance advanced inspectors for expenses 134 41 368 30 1011 30 1778 75 120596 41 Total ledger assets as per balance Item 42 495629 71 NonLedger Assets Interest accrued on mortgages per Sched ule B Interest accrued on bonds per Schedule D part 1 Interest accrued on other assets Bank de posit 344 16 3746 09 150 00 24 27 30 Total Other nonledger assets viz Assessments due Gross assets 4240 25 1184 35 501054 31336 ComptrollerGenerals Eepoet Deduct Assets Not Admitted 39 Book value of ledger assets over market value viz 42 Total admitted assets 2420 00 498634 31 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense 3 Gross claims for losses resisted 1400 00 3100 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 19670288 unearned prem iums per recapitulation page 6 col 6 98351 44 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 4500 00 98351 44 1500 00 500 00 25 Total amount of all liabilities except capital 104851 44 27 Surplus over all liabilities 393782 87 28 Surplus as regards policyholders 29 Total liabilities 393782 87 498634 31 VIRisks and Premiums 1 Tn force on the 31 day of December as per line 6 under this heading in last years statement 10850437 30 171996 80 2 Written or renewed during the year per Income No 5 7614205 17 121136 31 4 Total 1846464247 293131 11 5 Deduct those expired and mniked off as term inated 5875971 22 96430 23 3 In force at the end of the year 12588671 25 196702ComptrollerGenerals Eeport Business in the State of Georgia During 1914 1 Gross risks written Less risks cancelled Net risks written 2 Gross premiums on risks written Less return premiums Net premiums received 3 Losses paid deducting salvage 4 Losses incurred 337 102500 00 34566 89 67933 11 3039 39 632 81 2406 58 136 99 1043 23 PEOPLES NATIONAL FIRE INSURANCE COMPANY OF PHILADELPHIA PA E O Stokes President Henry T Alley Secretary Robert N Hughs 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 years 1880085 40 4 Extended at 1880085 40 IIIncome 5 Gross premiums per Item 2 VI page 6 1298933 91 6 Deduct reinsurance premiums fire 202 46083 return premiums fire 207 53325 409994 08 7 Total premiums other than perpetual 8 Deposit premiums written on perpetual risks gross 9 Gross interest on mortgage loans per Schedule B less 26400 accrued inter est on mortgages acquired during 1914 27560 90 10 Gross interest on collateral loans per Schedule C 680 68 888939 83 2275 18338 ComptbollebGenebals Eepoet 11 Gross interest on bonds and dividends on stocks less 101624 accrued interest on bonds acquired during 1914 per Schedule D 49553 40 12 Gross interest on deposits in trust com panies and banks per Schedule N 1068 92 13 Gross interest from all other sources Philadelphia Underwriters Association 315 bonus on mortgage extended 10000 interest miscellaneous 10825 HI 40 16 Gross rents from companys property in cluding 500000 for companys occu pancy of its own buildings 16444 25 17 Total gross interest and rents 9o419 55 18 From other sources Borrowed money 50000 00 Gain on perpetual policies cancelled o 80 Transfers on perpetual policies 1 50 50007 30 25 Prom agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D j Stocks per Schedule D j 28 Total income 1039740 24 IIIDisbursements 1 Gross amount paid policyholders for losses including 4926742 occurring in pre vious years 601880 69 2 Deduct amount received for salvage fire 322539 reinsurance fire 11746358 discount fire 16709 120856 06 Net amount paid policyholders for losses 481024 63 3 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency ex penses 7 Salaries 717735 and expenses 627023 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 500000 for companys occupancy of its own buildings 10930 46 269460 22 30 00 13447 58 44574 82 5000 00CoMPTROLLERGrENERAL s BePORT 339 10 Advertising 161031 printing and stationery 500726 11 Postage telephone telegrams and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes War stamp tax 23 Other disbursements Interest paid mtge 450000 ground rent 43780 Exchange on checks Borrowed money returned 5000000 interest 77222 Bond premium 43919 audits 21833 Registering stock 11879 safe deposit 13750 Subscriptions 53405 office supplies 20439 Traveling and entertaining 258408 sundries 19458 Meals to employees etc 28092 33 Deposit premiums returned 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 41 Total disbursements 6617 57 4043 56 73 90 143 58 1496 74 11474 45 877 09 664 06 9089 67 3025 00 19081 13 11486 16 208 41 4937 80 148 50 50772 22 657 52 256 29 738 44 2778 66 280 92 656 00 1727 82 1621 42 957324 62 IVLedger Assets 1 Book value of real estate less 10670416 incumbrances per Schedule A 72399 10 2 Mortgage loans on real estate per Sched ule B first liens 490950 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 7000 00 4 Book value of bonds 98981526 and stocks 13527025 per Schedule D 1125085 51 5 Cash in companys office 6374 94 6 Deposits in trust companies and banks not on interest per Schedule N 78 74 7 Deposits in trust companies and banks on interest per Schedule N 131353 69 8 Agents balances representing business written subsequent to Oct 1 1914 127167 39340 CoMPTROLLEBGrENEBAL s EEPOET 9 Agents balances representing business written prior to Oct 1 1914 2091 65 16 Total ledger assets as per balance Item 42 1962501 02 NonLedger Assets 17 Interest due 66420 and accrued 7 10151 on mortgages per Schedule B 7765 71 18 Interest due 50000 and accrued 15 08050 on bonds per Schedule D part 1 15580 50 19 Interest accrued on collateral loans per Schedule C part 1 119 00 24 Total 23465 21 25 Market value of real estate over book value per Schedule A 20896 74 30 Gross assets 2006862 97 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 2091 65 38 Book value of ledger assets over market value 48605 01 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 12926 67 41 Total admitted assets 1943239 64 VLiabilities 1 Gross losses adjusted and unpaid due 1627499 not yet due 329113 19566 12 2 Gross claims for losses in process of ad justment or in suspense plus 598841 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 75879 46 3 Gross claims for losses resisted 5396 00 4 Total 100841 58 5 Deduct reinsurance due or accrued 31334 57 6 Net amount of unpaid losses and claims 69507 01 ComptbolleeGeneeals Eepoet 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1139885 14 unearned premiums per recapitulation page 6 column 6 586770 70 341 10 Total unearned premiums as computed above 586770 70 11 Amount reclaimable by the insured on perpetual fire in surance policies being 90 per cent of the premium or deposit received 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 12053 44 2250 00 245 0C 10000 00 26 Total amount of all liabilities except capital 680826 15 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 262413 49 29 Surplus as regards policyholders 1262413 49 30 Total liabilities 1943239 64 VIRisks 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 139333916 1527352 71 2 Written or renewed during the year per Income No 5 93038581 1298933 91 3 Excess of original premiums over amount received for reinsurance 60 04 4 Total 232372497 2826346 66 5 Deduct those expired and marked off as terminated 99084670 1353823 90 6 In force at the end of the year 133287827 1472522 76 7 Deduct amount reinsured schedule re quired 29741354 332637 62 8 Net amount in force 103546473 1139885 14 9 Perpetual risks not included above 430625 00 Deposit premiums on same 13392 71 342 ComptrollerGenerals Beport Business in the State of Georgia During 1914 27 Gross risks written 1880750 00 Less 54241100 risks cancelled and 27745100 reinsur ance in companies authorized in Georgia 819862 00 Net risks written 1060888 00 28 Gross premiums on risks written 22407 74 Less 471345 return premiums and 455394 premiums for reinsurance in companies authorized in Georgia 9267 39 Net premiums received 13140 3o 29 Losses paid deducting salavge 15287 29 Less losses on risks reinsured in companies authorized in Georgia 6789 Net losses paid 8497 30 30 Losses incurred 17504 85 Less losses on risks reinsured in companies authorized in Georgia 6582 45 i 10 9 40 Net losses incurred PHENIX FIRE INSURANCE COMPANY OF PARIS FRANCE Home Office Providence R I United States Manager Starkweather Shepley Inc Hon W A Wright Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows Supts of Insurance State of New York 200000 00 5 Amount of ledger assets as per balance December 31 of previous year 629743 30ComptrollerGenerals Keport 343 IIIncome 6 Gross premiums per Item 2 VI 708817 40 7 Deduct reinsurance premiums Are 238 568 01 return premiums 19452734 433095 35 8 Total premiums other than perpetual 12 Gross interest on bonds and dividends on stocks 21050 00 13 Gross interest on deposits in trust com panies and banks per Schedule N 1288 42 14 Gross interest from other sources From cash deposited with Phila Under writers Association 5 25 From National Fire Ins Co interest under reinsurance treaty 154 61 18 Total gross interest and rents 19 Received from home office 30 Total income 275722 05 22498 28 53 92 298274 25 IIIDisbursements 1 Gross amount paid policyholders for losses including 2660419 occurring in pre vious years 2 Deduct amount received for salvage fire 329179 reinsurance fire 15863167 discount fire 7981 341547 53 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 30643 printing and stationery 528 15 Underwriters boards and tariff associations 16 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 22 All other licenses fees and taxes Federal corporation tax City taxes and licenses 23 Other disbursements Auditing books 112 50 17 20 21 179544 20 3131 33 93306 03 78 75 311 71 3297 27 1613 85 665 40 5552 80 2690 75 54 26 1256 10 344 ComptrollerGenerals Eeport Surety bonds Remittance to home office Paid for interest on deposit to Nationale Fire Ins Co and LAbeille Fire Ins Co under reinsurance treaty 149 61 3880 92 384 90 39 IVLedger Assets 4 Book value of bonds 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 12 Other ledger assets viz Cash deposited with Phila Underwriters Assn Balance due from reinsuring company as per treaty Less balance due reinsuring companies as per treaty 511050 00 64502 10 64823 67 100 00 51970 21 60458 87 16 Total ledger assets as per balance Item 40 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 6416 66 4527 93 Total disbursements 296030 44 631987 11 24 30 Total 61416 66 Gross assets 638403 77 Deduct Assets Not Admitted 38 Market value of special deposits in excess of correspond ing liabilities per special deposit schedule 39 Book value of ledger assets over market value 4765 12 4050 00 42 Total admitted assets 629588 65 VLiabilities 1 Gross losses adjusted and unpaid not yet due 5426 38OomptrollerGeneeals Eepokt 345 2 Gross claims for losses in process of ad justment or in suspense plus 191228 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 as per Schedule E 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 61126 70 2125 00 68678 08 28335 54 216291 47 40342 54 10 Total unearned premiums as computed above 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 20 All other liabilities viz Undivided interest in cash due IrAbeille Fire Ins Co National Fire Ins Co 216291 47 5000 00 21316 87 6252 96 1709 64 23 Total amount of all liabilities except deposit capital 290913 48 24 Special deposit capital 200000 00 25 Surplus over all liabilities 338675 17 26 Surplus as regards policyholders 27 Total liabilities 338675 17 629588 65 VIBisks 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 65306225 572927 47 2 Written or renewed during the year per Income No 5 82291290 708817 40 4 Total 147597515 1281744 87 5 Deduct those expired and marked off as terminated 66447601 567657 82 6 In force at the end of the year 81149914 714087 05 346 ComptrollerGenerals Beport 7 Deduct amount reinsured schedule re n 37304770 quired 320629 96 Net amount in force 43845144 393457 09 PHOENIX ASSURANCE COMPANY LTD OF LONDON ENGLAND Home Office New York City United States Manager P Beresford Edgar Dunlap Atlanta Ga Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York Ohio 410000 00 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 3881492 08 IIIncome 6 Gross premiums per Item 2 VI 4732351 10 7 Deduct reinsurance premiums fire 1085 53148 marine and inland 25531057 1340842 05 Return premiums 70081826 ma rine and inland 9851721 799335 47 8 Total premiums other than perpetual 2592173 58 12 Gross interest on bonds and dividends on stocks less 148001 accrued interest on bonds acquired during 1914 per Sched ule D 13 Gross interest on deposits in trust com panies and banks per Schedule N 14 Gross interest from other sources Philadelphia Fire Underwriters Deposit 125613 95 5097 71 12 60 18 Total gross interest and rents 19 Received from home office 28 Gross profit on sale or maturity of ledger assets viz 130724 26 20775 69 604 53ComptrollerGenerals Report 29 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 347 61302 31 30 Total income 2805580 37 IIIDisbursements Gross amount paid policyholders for losses including 211157 36 occurring in pre vious years 2195318 71 Deduct amount received for salvage fire 2367643 marine inland 1211990 reinsurance fire 58019166 marine and inland 13616510 discount fire 559 9 10 11 12 13 14 15 16 17 20 21 22 23 34 36 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency expenses Salaries 103952 61 and expenses 7331683 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 404695 printing and stationery 33 18067 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax State licenses Local taxes Advertising required by law Other disbursements Exchange Emergency war tax Remitted to home office Agents balances charged off 1443160 03 48190 21 492555 85 11459 55 177260 44 167562 72 23766 77 37227 62 28273 84 120 55 12478 71 10473 03 37289 98 32141 9 19925 21 55543 1 10304 86 673 4o 2455 50 7380 32 916 45 2440 84 1124 69 51495 66 2513 19 348 ComptrollerGenerals Eeport 38 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 661 44 39 Total disbursements 2683359 74 IVLedger Assets 4 Book value of bonds 310495000 and stocks 308600 per Schedule D 3108036 00 5 Cash in companys office 2820 39 6 Deposit in trust companies and banks not on interest per Schedule N 3084 46 7 Deposits in trust companies and banks on interest per Schedule N 308127 43 8 Agents balances representing business written subsequent to Oct 1 1914 553841 82 9 Agents balances representing business written prior to Oct 1 1914 17591 72 10 Bills receivable taken for marine and inland risks 6085 89 12 Other ledger assets viz Philadelphia Fire Underwriters deposit 20 00 Maps 370000 Accrued interest on Georgia bonds sold uncollected 225 00 16 Total ledger assets as peT balance Item 40 4003712 71 NonLedger Assets 18 Interest due 2975625 and accrued 15 53501 on bonds per Schedule D part 1 45291 213 24 Total 4049003 97 30 Gross assets 4049003 97 Deduct Assets Not Admitted 31 Cash 24172711 and all investments 3 28600 not in control of trustees 245013 11 34 Agents balances representing business written prior to Ott 1 1914 17591 72 39 Book value of ledger assets over market value viz Maps 3700 00 42 Total admitted assets 3782699 14ComptrollerGenerals Eeport 349 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1552000 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 61121 00 284421 97 16822 00 4 Total 362364 97 5 Deduct reinsurance due or accrued as per 133520 11 Schedule E 6 Net amount of unpaid losses and claims 228844 8 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 415058019 unearned prem iums per recapitulation page 6 col 6 2144357 76 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 20206440 unearned premiums fifty per cent 101032 20 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 356613 unearned premiums 100 per cent time hulls 50 per cent 3566 13 10 Total unearned premiums as computed above 2248956 09 15 Salaries rents expenses bills accounts fees etc due or accrued 4000 00 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 46 250 00 17 Contingent commissions or other charges due or accrued 7500 00 23 Total amount of all liabilities except deposit eapital 2535550 95 24 Deposit capital 510000 00 25 Surplus over all liabilities 737148 19 26 Surplus as regards policyholders 1247 148 19 27 Total liabilities 3782699 14350 CompteollebGeneeals Bepobt 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 T TZ 23 2 Written or renewed during the year 454652448 4093589 23 3 Excess of original premiums over amount received for reinsurance G212 84 4 ToU1 1037561148 9594486 00 5 Deduct those expired and marked off as 413805236 terminated 3876066 6fi 6 In force at the end of the year 623755912 5718419 38 7 Deduct amount reinsured schedule re quired j 444 281 127 4150580 19 8 Net amount m force 444iifli Business in the State of Georgia During 1914 4 6171525 00 1 Gross risks written Less 158350500 risks cancelled and 32367700 rein in companies authorized in Georgia 844 17506 surance in companies authori Net risks written 2 Gross premiums on risks written Less 1380987 return premiums and 418256 premiums for reinsurance in companies authorized in Georgia Net premiums received i656 00 4360869 00 68236 32 13769 18 54467 14 3 Dosses paid deducting salvage 48980 05 Less losses on risks reinsured in companies authorized in Georgia Net losses paid 19188 47 29791 58 50096 04 4 Losses incurred Less losses on risks reinsured in companies authorized in Georgia Net losses incurred 30216 57amm CompteollebGenebals Bepobt 351 phoenix fire insurance company of hartford conn Edward Milligan President John B Knox Thos C Temple Secretaries Butherford Lipscombe Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 3000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 12833650 49 Extended at 12833650 49 HIncome 5 Gross premiums per Item 2 VI page 6 8020736 60 6 Deduct reinsurance premiums fire 1387 75669 return premiums fire 123327860 2621 035 29 7 Total premiums other than perpetual 5399701 31 9 Gross interest on mortgage loans peT Schedule B 5016 36 10 Gross interest on collateral loans per Schedule C 1875 89 11 Gross interest on bonds and dividends on stocks 616391 84 12 Gross interest on deposits in trust com panies and banks per Schedule X 16383 26 13 Gross interest from all other sources On agents balances 516 85 16 Gross rents from companys property 13692 91 17 Total gross interest and rentsi 18 Prom other sources 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 653877 11 12439 00 27 93 2093 75 28 Total income 6068163 44 IIIDisbursements 1 Gross amount paid policyholders for losses including 48419720 occurring in pre vious years 3886198 17S52 ComptbollerGeneeals Beport 2 Deduct amount received for salvage fire 2170559 reinsurance fire 807 18777 discount fire 53975 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 7 Salaries 27734684 and expenses 15295969 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents 10 Advertising 691128 printing and stationery 72005 b 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations ie Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 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 per Schedule T Stocks per Schedule D 40 Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 3056765 06 46984 87 1027403 77 430306 53 254386 51 38755 07 78917 04 38514 22 6606 93 9307 03 14217 11 75746 74 17439 25 31651 12 4394 39 2773 65 135685 93 36343 42 8250 38 663091 05 711 13 3647 50 1877 50 24 St 41 Total disbursements 6003259 19 IVLedger Assets 1 Book value of real estate 119635 64 2 Mortgage loans on real estate per Sched leB 164880 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 10000 00 4 Book value of bonds 10816416 34 5 Cash in companys office 1592 29 ComptrollebGeneeals Eepobt 6 Deposits in trust companies and banks not on interest per Schedule N 50569 48 7 Deposits in trust companies and banks on interest per Schedule N 740133 63 8 Agents balances representing business written subsequent to Oct 1 1914 954164 46 9 Agents balances representing business written prior to Oct 1 1914 41162 90 353 16 Total ledger assets as per balance Item 42 12898554 74 NonLedger Assets 17 Interest on mortgages per Schedule B 4014 94 18 Interest on bonds per Schedule D part 1 99954 13 19 Interest on collateral loans per Schedule C part 1 250 00 20 Interest on other assets 5000 00 23 Rents on companys property or lease 1139 85 24 Total 110358 92 25 Market value of real estate over book value per Sched ule A 21377 74 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 1158188 91 27 Other nonledger assets Foreign premiums in course of collection which have not been carried to ledger acct 53100 00 30 Gross assets 14671580 31 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 41162 90 37 Overdue and accrued interest on bonds in default 1391 66 38 Book value of ledger assets over market value viz Market value of special de posits in excess of corresponding liabili ties as per special deposit schedule 65512 89 41 Total admitted assets 14563612 86 VLiabilities 1 Gross losses adjusted and unpaid 125393 96354 ComptrolleeGtenebal s Eepoet 2 Gross claims for losses in process of ad justment or in suspense 543390 75 30162 27 3 Gross claims for losses resisted 4 Totai 698946 98 6 Net amount of unpaid losses and claims 146190 20 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 5487449 10 10 Total unearned premiums as computed above 5487449 10 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 205000 00 19 Contingent commissions or other charges due or accrued 10000 00 30 Total liabilities 1290205 VIRisks and Premiums 1 In force on the 31 day of December as per line 6 under this heading in last years statements 12361574 54 2 Written or renewed during the year per Income No 5 8093236 60 4 Total 20454811 14 5 Deduct those expired and marked off as terminated 79994 21 6 In force at the end of the year 12455333 93 7 Deduct amount reinsured schedule required 1829334 58 8 Net amount in force 10625999 35 Business in the State of Georgia During 1914 27 Gross risks written 10063634 00 Less 241685700 risks cancelled and 186913400 rein surance in companies authorized in Georgia 4285991 00 Net risks written 5777643 00 28 Gross premiums on risks written 123820 83 Less 1981328 return premiums and 2767269 prem iums for reinsurance in companies authorized in Ga 47485 97 Net premiums received 76334 86warn CompteollebGenerals Eepoet 355 29 Losses paid deducting salvage 69368 64 Less losses on risks reinsured in companies authorized in Georgia 16472 67 Net losses paid 52895 97 30 Losses incurred 60299 78 Less losses on risks reinsured in companies authorized in Georgia 7310 29 Net losses incurred 52984 49 PROVIDENCEWASHINGTON INSURANCE COMPANY OF PROVIDENCE R I J B Branch President A G Beals Secretary Charles M Jerome 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 4047719 26 4 Extended at 4047719 26 IIIncome 5 Gross premiums per Item 2 VI page 6 6157931 46 6 Deduct reinsurance premiums fire 926 40741 marine and inland 65197870 return premiums fire 68371764 ma rine and inland 20667298 2468776 73 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule B 991 25 11 Gross interest on bonds and dividends on stocks 176835 54 12 Gross interest on deposits in trust com panies and banks per Schedule N 11199 38 13 Gross interest from all other sources On marine premiums 363 22 3689154 73 17 Total gross interest and rents 189389 39356 CompteollerGenebals Keport 18 27 From other sources Profit and loss Great Northern rights Profit and loss Southern Pacific rights Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D Stocks per Schedule D 1117 87 9 05 4487 50 4621 25 28 Total income 3930379 79 IIIDisbursements 1 Gross amount paid policyholders for losses including 59420653 occurring in pre vious years 2 Deduct amount received for salvage fire 33583 25 marine and inland 117 74789 reinsurance fire 59331725 marine and inland 30956505 dis count fire 23916 marine and inland 33065 3273680 65 10 11 12 13 14 15 16 17 20 21 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 9427922 and expenses 3040792 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents Advertising 363760 printing and stationery 2687032 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Bevenue tax County and city taxes County and city licenses Franchise tax 2218897 40 37000 18 759637 97 1007 61 124687 14 124222 79 15052 62 30507 92 22270 10 553 S2 1268 87 6817 48 36427 26 18955 25 17149 68 83519 83 14322 45 2710 19 909 30 3139 62 6554 86 1163 26ComptrollerGeneral s Report 357 23 Other disbursements Exchange Subscriptions to various publications Premiums on guaranty bonds Entertainment Painting portrait of former president 34 Paid stockholders for interest or dividends amount de clared during the year 10000000 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D Stocks per Schedule D 41 Total disbursements 2094 70 726 SO d89 92 553 90 300 00 100000 00 9566 50 20000 00 3660607 42 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B 65000 00 4 Book value of bonds 165890000 and stocks 126640000 per Schedule D 2925300 00 5 Cash in companys office 3113 10 6 Deposits in trust companies and banks not on interest per Schedule N 6369 12 7 Deposits in trust companies and banks on interest per Schedule N 613943 28 8 Agents balances representing business written subsequent to Oct 1 1914 684700 60 9 Agents balances representing business written prior to Oct 1 1914 826 73 10 Bills receivable taken for marine and in land risks 17818 37 11 Bills receivable taken for fire risks 420 43 H Total ledger assets as per balance Item 42 NonLedger Assets 4317491 03 17 Interest accrued on mortgages per Sched ule B 243 75 18 Interest accrued on bonds per Schedule D part 1 12746 87 24 Total 12990 62 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 864306 00 30 Gross assets 519478S 25358 ComptrollerGenerals Report Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 35 Bills receivable past due taken for marine inland and fire risks 38 Book value of ledger assets over market value viz Market value of special de posits in excess of corresponding liabili ties per special deposit schedule 826 73 505 93 9802 25 41 Total admitted assets 5183653 34 VLiabilities 1 Gross losses adjusted and unpaid due 2 Gross claims for losses in process of justment or in suspense 3 Gross claims for losses resisted ad 4 Total 5 Deduct reinsurance due or accrued 90417 97 873441 13 20464 26 984323 36 269855 87 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 424841430 unearned prem iums per recapitulation page 6 col 6 2214740 36 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 46226779 unearned premiums fifty per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 16559906 unearned premiums 50 per cent on time risks 714467 49 231133 89 90080 08 10 Total unearned premiums as computed above 2535954 33 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 52000 00 19 Contingent commissions or other charges due or accrued 10000 00 26 Total amount of all liabilities except capital 3317421 82ComptrollerGenerals Beport 359 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 866231 52 29 Surplus as regards policyhojders 30 Total liabilities 1866231 52 5183653 34 VIBisks and Premiums Fire Risks Premiums Thereon 1 In force Dee 31 1913 as per line No 5 under this heading in last years statement 513318613 517211194 2 Written or renewed during the year per Income No 5 401112600 4066592 62 4 Total 914431213 9238704 56 5 Deduct those expired and marked off as terminated 362714334 3748057 60 6 In force at the end of the year 1914 7 Deduct amount reinsured 551716879 5490646 96 115946875 1242232 66 8 Net amount in force Dec 31 of 1914 435770004 4248414 30 Business in the State of Georgia During 1914 27 Gross risks written 4570176 00 Less 127799000 risks cancelled and 135320800 rein surance in companies authorized in Georgia 2353278 00 Net risks written 2216898 00 55373 93 24206 50 28 Gross premiums on risks written Less 1739933 return premiums and 1589428 prem iums for reinsurance in companies authorized in Ga Net premiums received 31167 43 29 Losses paid deducting salvage 23898 79 Lrss losses on risks reinsured in companies authorized in Georgia 7029 78 Net losses paid I I 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia Net losses incurred 19744 71 16869 01 32279 49 12534 78360 ComptrollerGenerals Eeport QUEEN INSURANCE COMPANY OF AMERICA OF NEW YORK CITY Edward F Beddall President Nevett S Bartow Secretary S Y Tupper 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 years 10494215 25 4 Extended at 10494215 25 IIIncome 5 Gross premiums per item 2 VI page 6 7077237 92 6 Deduct reinsurance premiums fire 847 25584 marine ani inland 6039232 return premiums fire 93464450 ma rine and inland 16966591 2011958 57 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per schedule B 11 Gross interest on bonds and dividends on stocks less 407760 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Bills receivable 3100 00 382166 70 7414 24 42 12 5065279 35 17 Total gross interest and rents 18 Prom other sources Income tax withheld at source from employees salaries as required under the provisions of the Income Tax Law of Oct 3d 1913 25 Prom agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 392723 06 500 69 16 89 9079 86 28 Total income 5467599 85If 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 20 21 22 23 34 38 40 CoMPTROLLERGrENERAL s IIIDisbursements Gross amount paid policyholders for losses Deduct amount received for salvage fire 2434241 marine and inland 13 73598 reinsurance fire 45377224 marine and inland 2399501 discount fire 39565 Report 3474209 74 516241 29 361 2957968 45 75684 07 929538 80 11494 48 190561 73 360284 34 44599 05 64173 86 33130 21 1593 04 8436 92 14007 97 52170 61 28476 72 30956 66 91552 89 20385 94 28014 60 34411 68 300000 00 1891 42 Net amount paid policyholders for losses Expenses of adjustment and settlement of loss Commissions or brokerage Allowances to local agencies for miscellaneous agency ex Salaries 11299771 and expenses 7756402 and general agents of special Salaries fees and all other charges of officers directors trustees and home office eniDlovees Advertising 2177954 printing and stationery 4239432 Postage telegrams telephone and exnress Legal expenses Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage c Inspections and surveys rps assess State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes 1551 70 8320 48 12115 13 3612 16 25 73 938 40 1451 00 Municipal licenses Paid stockholders for interest or dividends clared during the vear t3000000O amount de Gross decrease by adjustment in book value of ledger assets viz 362 ComptbolleeGenebals Repoet Bonds per Schedule D Stocks per Schedule D 1494 00 9079 86 41 Total disbursements 5289407 30 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 4 Book value of bonds 668917806 and stocks 263228183 per Schedule D 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in turst companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 11 Bills receivable taken for fire risks 12 Other ledger assets viz Liability acknow ledged by the Employers Liability As surance Corporation under fidelity bond 63000 00 9321459 89 9630 57 6145 23 479290 10 763700 49 24939 70 48 96 4192 86 16 Total ledger assets as per balance Item 42 10672407 80 Non Ledger Assets 17 Interest accrued on mortgages per Sched ule B 542 89 18 Interest due 97333 and accrued 90 63210 on bonds per Schedule D part 1 91605 43 20 Interest accrued on other assets Bank balances 086 U 24 Total 9423376 30 Gross assets Deduct Assets Not Admitted 10766641 56 34 Agents balances representing business written prior to Oct 1 1914 24939 70 38 Book value of ledger assets over market value vizComptrollerGenerals Report 363 Bonds and stocks 435569 89 Excess of special deposits over correspond ing liabilities 119101 93 579611 52 41 Total admitted assets 10187030 04 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 3278947 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 123098 36 349539 20 52168 43 524805 99 71245 97 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 831960382 unearned prem iums per recapitulation page 6 col 6 4265657 16 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 56505181 unearned premiums fifty per cent 282525 91 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 1548656 unearned premiums 100 per cent 15486 56 9 453560 02 10 Total unearned premiums as computed above 4563669 63 17 Salaries rents expenses bills accounts fees etc due or accrued 063 31 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 102 824 P3 19 Contingent commissions or other charges due or accrued 14 690 77 23 All other liabilities viz Pension obligations 29 278 50364 ComptrollerGenerals Beport Income tax withheld at source from employees salaries as required under the provisions of the income tax law of Oct 3d 1913 26 Total amount of all liabilities except capital 5165587 8o 27 Capital actually paid up in cash Tl q 28 Surplus over all liabilities 4021442 19 29 Surplus as regards policyholders 30 Total liabilities 10187030 04 Business in the State of Georgia During 1914 11417918 00 27 Gross risks written Less 268777400 risks cancelled and 102483200 rein surance in companies authorized in Georgia d71ZWQ Net risks written 7705312 00 195948 35 28 Gross premiums on risks written Less 3352759 return premiums and 1679418 prem for reinsurance in companies authorized m Ga oUdi aims Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in 145626 58 122355 33 Georgia Net losses paid 17232 21 30 Losses incurred Less losses on risks reinsured in companies authorized m Georgia 105123 12 142674 33 18919 21 Net losses incurred 123755 12ComptrollerGeneral s Report 365 EHODB ISLAND FIRE INSURANCE COMPANY PROVIDENCE E I Geo L Shepley President Emil G Pieper Secretary Wan A Wright Attorney for Service 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 1 401 115 63 4 Extended at 1401115 63 IIIncome 5 Gross premiums per item 2 VI page 6 12220700 45 6 Deduct reinsurance premiums fire 289 09297 return premiums fire 267 60904 556702 til 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 41914 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources From cash deposited with Philadelphia Underwriters Assn 50627 16 706 85 663998 44 3 15 17 Total gross interest and rents 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income 51337 16 357 21 715692 81 IIIDisbursements 1 Gross amount paid policyholders for losses including 6810622 occurring in pre vious years 568039 74 2 Deduct amount received for salvage fire 570555 reinsurance fire 19738519 discount fire 13866 3 Net amount paid policyholders for losses 364810 34366 ComptkollerGtenekals Keport 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage g6 10 Advertising Q0 11 Postage telegrams telephone and express 13 94 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 9910 49 20 State taxes on premiums 60 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 3 551 92 City taxes and licenses 23 Other disbursements 30f 81 Surety bonds Commission on investments 1 1 20b 40 Auditing books 34 Paid stockholders for interest or dividends amount de clared during the year 4000000 40000 00 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D i Kc3 213 50 41 Total disbursements ooaio o IVLedger Assets 4 Book value of bonds 90205363 and stocks 28381230 per Schedule D 1185865 93 7 Deposits in trust companies and banks on interest per Schedule N 89052 19 8 Agents balances representing business written subsequent to Oct 1 1914 188576 80 12 Other ledger assets viz Cash deposits with Philadelphia Under writers Assn 1000 16 Total ledger assets as per balance Item 42 1463594 92 NonLedger Assets 18 Interest accrued on bonds per Schedule D Parti n524 53 24 Total n524 53 30 Gross assets 1475119 45ComptrollerGenerals Report Deduct Assets not Admitted 367 38 Book value of ledger assets over market value 39497 93 41 Total admitted assets 1435621 52 VLiabilities Gross losses adjusted and unpaid not yet due Gross claims for losses in process of ad justment or in suspense plus 662349 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date Gross claims for losses resisted 20133 50 87894 77 2810 00 Total Deduct reinsurance due or accrued 110838 27 35410 84 Net amount of unpaid losses and claims Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 103539338 unearned prem iums per recapitulation page 6 col 6 556862 09 10 18 19 26 27 28 29 30 Total unearned premiums as computed above Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement Contingent commissions or other charges due or accrued Total amount of all liabilities except capital Capital actually paid up in cash 400000 00 Surplus over all liabilities 328601 65 Surplus as regards policyholders Total liabilities 75427 43 556862 09 12500 00 62230 35 707019 87 728601 65 1435621 52 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 131705597 1210599 11368 ComptbollebGenebals Repobt 2 Written or renewed during the year per Income No 5 136238472 1220700 45 4 Total 267944069 2431299 56 5 Deduct those expired and marked off as terminated 110808076 993398 v 7 6 In force at the end of the year 157135993 1437900 79 7 Deduct amount reinsured schedule Te quired 45468192 40256 41 8 Net amount i in force 111667801 1035393 38 Business in the 6Hae of Georgia During 1914 4539333 63 27 Gross risks written Less 87990100 risks cancelled and 106640900 rein surance in companies authorized in Georgia 1936310 00 Net risks written 2603023 63 Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid 14 28 Gross premiums on risks written 6 Less 1209634 return premiums and 1223936 premiums for reinsurance in companies authorized in Georgia 2433o 70 42341 74 27456 48 8220 23 19236 25 43097 27 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 13762 08 Net losses in curred 29335 19ComptrollerGenerals Eeport 369 ROYAL EXCHANGE ASSURANCE OF LONDON ENGLAND Home Office New York City R D Harvey United States Manager A L Brooks Atlanta Ga Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United itates as follows New York 4s7POd 00 Massachusetts 200000 00 Ohio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 3089476 47 IIIncome Gross premiums per Item 2 VI 2687775 74 Deduct reinsurance prem iums fire 58520703 marine and inland 211 93532 return prem iums 55574774 ma rine and inland 106 14231 1140954 77 n 95 318077 63 12 13 18 19 20 30 Total premiums other than perpetual 1546820 97 362900 32 190972129 Gross interest on bonds and dividends on stocks 102156 24 Gross interest on deposits in trust com panies and banks per Schedule N 3 762 19 Total gross interest and rents 105 918 43 Received from home office Ig3 gg2 76 From other sources Federal income tax on compound interest withheld at the source in 1913 refunded in 1914 22 50 Federal income tax withheld on salaries etc 199 92 Total income 2199684 90 370 CompteolleeGtenebals Kepoet IIIDisbursements 1 Gross amount paid policy holders for losses in cluding 13945185 oc curring in previous years 1218217 93 364445 06 2 Deduct amount received for salvage fire 8 35692 marine pud in land 1833762 rein surance fire 32231263 marine and inland 146 18486 discount fire 31700 330986 55 164522 48 8 9 10 11 12 13 14 15 16 17 20 21 90 Net amount paid policy holders for losses 887231 38 199922 58 Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to agencies for miscellaneous agency ex penses Salaries 5581318 and expenses 3943528 of special and general agents Salaries fees and all other charges of cheers directors trustees and home office employees Rents Advertising 240026 printing and stationery 1247544 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Federal income tax withheld on salaries Federal income revenue stamps Municipal and county taxes and licenses Publication fees 1087153 96 28115 60 403895 91 7472 85 95248 46 89763 87 10563 05 14875 70 11125 27 184 25 391 32 4492 52 27615 13 15899 09 7305 81 49576 36 10202 60 670 81 199 92 274 71 7982 04 439 02 9566 50 23 Other disbursements Auditing fees 1200 00ComptrollerGeneral s Report 371 Books of reference Fidelity bonds and insurance premiums Mercantile reports Miscellaneous 376 28 245 43 732 50 1100 57 34 Eemitted to home office 36 Agents balances charged off 39 Total disbursements 2654 78 302115 33 693 12 2178911 48 IVLedger Assets 4 Book value of bonds 250235176 and stocks 5000000 per Schedule D 2552351 76 5 Cash in companys office 50 00 7 Deposits in trust companies and banks on interest per Schedule N 234 037 03 8 Agents balances representing business written subsequent to Oct 1 1914 307737 23 9 Agents balances representing business written prior to Oct 1 1914 16073 87 16 Total ledger assets as per balance Item 40 3110249 89 NonLedger Assets 18 Interest accrued on bonds per Schedule D 9A T parV 33609 04 M Interest accrued on other assets Bank in terest 416 34 24 30 Total Gross assets 34025 38 3144275 27 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 39 Book value of ledger assets over market value viz Bonds 16796926 stocks 1000000 16073 87 2656 97 177969 26 196700 10 42 Total admitted assets 2947575 17372 ComptrollerGenerals Keport VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 2037700 reserve for losses incurred prior to Dec 31 of which no notice bad been receiv ed on that date 3 Gross claims for losses resisted 3000 00 333243 00 30215 00 4 Total 366458 00 5 Deduct reinsurance due or accrued 138608 08 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired tire Tisks 288984372 unearned prem iums per recapitulation page 6 col 6 1498152 76 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation Tisks 12181610 unearned premiums 50 per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 6616739 unearned premiums 100 per cent time hulls 50 per cent 227849 92 60908 05 36426 93 10 Total unearned premiums as computed above 159o487 74 15 Salaries rents expenses bills accounts fees etc due j 4774 62 or accrued 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year 4 887 49 of this statement 00 17 Contingent commissions or other charges due or accrued 8267 Oo 23 Total amount of all liabilities except deposit capital 1880266 82 24 Deposit capital 40000000 25 Surplus over all liabilities 667308 35 26 Surplus as regards policyholders 1067308 3o 27 Total liabilities 2947575 17CompteollerGenebals Eepoet 373 VIBisks and Premiums t T Fire Risks Premiums Thereon 1 In force on the 31 day of Dec as per line 6 under this heading in last statement 372553598 3614650 38 A Written or renewed during the year per InCOme N 5 275966844 2687775 74 t n T 648520442 6302426 12 o Deduct those expired and marked off as terminated 252882093 2570664 17 6 In force at the end of the year 395638349 3731 761 95 7 Deduct amount reinsured schedule re quired 94927040 841918 23 8 Net amount in force 300711309 2889843 72 ROYAL INSURANCE COMPANY LTD OF LIVERPOOL ENGLAND Home Office New York City United States Attorney Edward Pitch Beddall Milton Dargan Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York 450000 00 0hio 110000 00 4 560000 00 5 Amount of ledger assets as per balance December 31 of previous year 12899482 84 IIIncome Fire Marine aid Inland 6 Gross premiums per item 2 VI 11413450 11 1462613 48374 ComptrollerGenerals Report 7 Deduct reinsurance prem iums fire 222951506 marine and inland 160 52054 return premiums 203187295 marine and inland 26453813 4261388 01 415058 67 8 Total premiums other than perpetual 7152062 10 1047554 81 9 Deposit premiums written on perpetual risks gross 10 Gross interest on mortgage loans per Schedule B 12 Gross interest on bonds and dividends on stocks less 198331 accrued interest on bonds acquired during 1914 per Sched ule D 13 Gross interest on deposits in trust com panies and banks per Schedule N 14 Gross interest from other sources From subbranch offices etc 17 Gross rents from companys property in cluding 5576938 for companys occu pancy of its own buildings 11898 61 266101 80 14855 90 365 72 400373 08 5199616 91 50 18 Total gross interest and rents 19 Received from home office 20 From other sources Premiums on life policies Interest on loans under life policies 5105 47 113 44 25 Income tax withheld at source from employees salaries 27 From agents balances previously charged off 693595 11 33332 75 30 Total income 5218 91 1004 02 12 89 8932781 09 IIIDisbursements Fire Marine and Inland 1 Gross amount paid policy holders for losses in cluding 55650756 oc curring in previous years 5251624 90 527860 50ComptrollerGenerals Report 375 2 Deduct amount received for salvage fire 48 88956 marine and in land 2853345 rein surance fire 1155 09275 marine and in land 6912708 dis count fire 10612 1204088 43 97660 53 3 Net amount paid policy holders for losses 4047536 47 430199 97 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneousagency expenses 7 Salaries 16017443 and expenses 9789949 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 5576938 for company soccupancy of its own buildings 10 Advertising 3427472 printing andstationery60334 29 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax 9 855 43 Municipal licenses county taxes and fees 19961 01 Wot revenue tax stamp act 2867 37 23 Other disbursements Miscellaneous expenses Claims under life policies Loans under life policies Other life expenditures 8158 21 864 76 222 49 33 Deposit premiums returned 34 Remitted to home office 4477736 44 116487 47 1419244 28 17873 27 258073 92 638140 34 87916 73 94609 01 55120 82 2117 24 18215 74 14495 98 107005 07 85620 64 68589 59 193228 37 55476 64 159202 39 24697 63 32683 81 50782 60 9245 46 2224 00 326787 47376 ComptrollerGenerals Beport 36 Agents balances charged off 38 Gross decrease by adjustment in book value of ledger assets viz Eeal estate per Schedule A Bonds per Schedule D 1294 33 7438 22 7437 64 39 Total disbursements 833174510 IVLedger Assets 1 Book value of real estate 4381265 43 2 Mortgage loans on real estate per Sched ule B first liens 4 Book value of bonds 609520000 and stocks 22058543 per Schedule D 5 Cash in companys offices 7 Deposit in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 240100 00 6315785 43 1791 95 1102641 25 1418140 06 40794 71 16 Total ledger assets as per balance Item 40 13500518 83 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest due 25000 and accrued 76 56264 on bonds per Schedule D part 1 23 Bents accrued on companys property or lease 24 30 Total Gross assets 3474 30 76812 64 14956 05 95242 99 13595761 82 Deduct Assets not Admitted 31 Cash 79246439 and all investments 69 06700 not in control of trustees 861531 39 34 Agents balances representing business written prior to Oct 1 1914 40794 71 37 Overdue and accrued interest on bonds in default 312 50Comptroller Generals Report 39 Book value of ledger assets over market value viz Bonds and stocks 263 017 43 42 Total admitted assets 377 1165656 03 12430105 79 VLiabilities 1 Gross losses adjusted and unpaid due 12538424 not yet due 3121121 156595 45 2 Gross claims for losses in process of ad justment or in suspense plus 5016900 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 832205 73 3 Gross claims for losses resisted 120 737 46 4 Total 1109538 64 5 Deduct reinsurance due or accrued as per Schedule E 336j210 6 Net amount of unpaid losses and claims 773328 58 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1557861392 unearned prem iums per recapitulation page 6 col 6 7935374 26 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 74875435 unearned premiums fifty Per eent 374377 18 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 1684398 unearned premiums 100 per cent time hulls 50 per cent 16843 98 10 Total unearned premiums as computed above 8326 595 42 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 2 067 48 12 Net premium reserve and all other liabilities except capita under the life insurance or any other special department 906n 6 15 Salaries rents expenses bills accounts fees etc due or accrued 9 499 39378 ComptrollerGenerals Eeport 215308 85 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 6MJ 20 All other liabilities viz Income tax withheld at source from employees salaries 10U4 U t of all liabilities except deposit capital 9531074 76 560000 00 2339031 03 23 Total amoun 24 Deposit capital 25 Surplus over all liabilities 26 Surplus as regards policyholders 12430105 79 27 Total liabilities VIRisks and Premiums Fire risks Premiums thereon 1 Tn force on the 31 day of Dec as per line 6 under this heading in last vtars statement 1840012440 19 081991 4 2 Written or renewed during the year 1489421450 128i6063 59 3 Excess of original premiums over amount received for reinsurance 42773 10 4 Total 3329433895 32000828 53 5 Deduct those expired and marked off as 0o1fioKO w inated 1399958517 12316859 63 termir 6 In force at the end of the year 1929475378 19683968 90 7 Deduct amount reinsured schedule re quired 1599 494 419 16344212 25 8 Net amount in force 1wiHM 9 Perpetual risks not included above Deposit premiums on same 4364117 00 94952 64 Business in the State of Georgia During 1914 12038259 00 1 Gross risks written Less 226815500 xisks cancelled and 56321900 rein surance in companies authorized in Georgia p6ti w 9205885 00 Net risks written i t0 162949 95 2 Gross premiums on risks written ComptbollebGeneeals Repoet 379 Less 2926088 return premiums and 657890 premiums for reinsurance in companies authorized in Georgia 35839 78 Net premiums received Z 19r il 110 11 3 Losses paid deducting salvage 82 538 93 Less losses on risks reinsured in companies authorized in Gergia 11727 81 Net losses paid 4 Losses incurred 990g9 93 Less losses on risks reinsured in companies authorized in Gergia 1737144 Net losses incurred 81688 49 ST PAUL FIEE AND MAEINE INSURANCE COMPANY OF ST PAUL MINN P E Bigelow President A B Tumlin Atlanta Attorney for Service ICapital Stock 1 Amount of capital paid up in easn 1000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 9787939 02 3 Increase of paidup capital during the year 500000 00 A W Perry Secretary 4 Extended at 10287939 02 IIIncome 5 Gross premiums per Item 2 VI page 6 9871529 96 6 Deduct reinsurance premiums fire 978 13251 marine and inland 105120699 return premiums fire 91626034 ma rine and inland 32094761 3266547 45 7 Total premiums other than perpetual 6604 982 51 9 Gross interest on mortgage loans per Schedule B less 331800 accrued in terest on mortgages acquired during 1914 39023 06380 ComptkollebGenekals Eepoet 10 Gross interest on collateral loans per Schedule G 11 Gross interest on bonds and dividends on stocks less 736502 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Interest on notes taken for premiums iw 16 Gross rents from companys property in cluding 1200000 for companys oecu pancy of its own buildings Ib 418162 79 17 Total gross interest and rents 18 From other sources From Natl GermanAmerican Bank stock 80U uu ui 50000 ou From bills payable 2gQ QQ From taxes 247 71 From Alberta Canada bonds 51327 71 5 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 7077160 94 28 Total income HIDisbursements Yive Marine 1 Gross amount paid policy holders for losses in cluding 52941784 oc curring in previous yearB 3411781 95 1655050 81 2 Deduct amount received for salvage fire 18 37425 marine and in land 8309279 reinsur ance fire 56639718 marine and inland 612 203 93 discount fire B64 58544997 695296 02 riw 4 Expenses of adjustment and settlement of losses 9643 ComptrolleeGenERALs repobt 3gl 5 Commissions or brokerage 6 Allowances to local agencies miscellaneousagency ex IiSGS f Salaries 6558703 and expens 15omA6 of special and general agents 8 Salaries fees and all other changes of ntiVew directors trustees and home office employees 9 Rents including 1200000 for companys occupancy of its own buildings 10 Advertising 919558 printing and stitioneryVsVSO 2 684 2 11 Postage telegrams telephone and express 35 I 12 Legal expenses Il 13 Furniture and fixtures 7795 70 14 JIaps including corrections 39179 15 Underwriters boards and tariff associations 2o 26 89 16 Fare department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys J 09 Q9 QQ 18 Repairs and expenses other than taxes on real estate 3469 27 19 Taxes on real estate 20 State taxes on premiums gJ JJJ JJ 21 Insurance department licenses and fees oTok f 22 All other licenses fees and taxes Federal corporation tax 5fi 5g City licenses and taxes 10 879 41 State and county licenses taxes and fees 106 75 Emergency revenue tax 1 407 64 9Q rui j u 17449 35 23 Other disbursements 33 Bills payable paid 34 Pad stockholders for interest or dividends amount de clared during the year 12000000 stock 50000000 620 000 00 At Decrease in liabilities during the year on account of rein surance treaties OD 0286 45 38 Agents balances charged off 6 668 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 6 132 40 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule T 41 Total disbursements g g91 IVLedger Assets 1 Book value of real estate 248 396 30 2 Mortgage loans on real estate per Sehed382 ComptbollebGenebals Eepoet ule B first liens 109500500 other than first 40000 1096405 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 200000 00 4 Book value of bonds 731121887 and stocks 29657818 per Schedule D 760 797 05 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 1 7 Deposits in trust companies and banks on interest per Schedule N 684298 43 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prioT to Oct 1 1914 10 Bills receivable taken for marine and in land risks 11 Bills receivable taken for fire risks 12 Other ledger assets viz Due from reinsurance companies on losses paid 651574 37 4260 99 5393 80 32967 12 10547 39 16 Total ledger assets as per balance Item NonLedger Assets 42 10543778 86 17 Interest due 57400 and accrued 14 94258 on mortgages per Schedule B 18 Interest accrued on bonds per Schedule D part 1 19 Interest accrued on collateral loans per Schedule C part 1 21 Total 15516 58 59453 69 1007 64 27 Other nonledger assets viz Unliquidated interest in 100 shares of Natl GermanAmerican Bank stock 75977 91 200 00 30 Gross assets 10619956 77 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914i 35 Bills receivable past due taken for marine inland and fire risks 36 Miscellaneous stock 37 Mortgages other than first 4260 99 13855 26 1325 00 400 00ComptrollerGenerals Report 383 38 Book value of ledger assets over market value r 436799 71 Uue from reinsurance co s collection dUbtful 860 97 457501 93 41 Total admitted assets 1A 10162 454 84 VLiabilities 1 Cross losses adjusted and unpaid not yet dUe 87221 60 2 Gross claims for losses in process of ad justment or in suspense 869 934 87 3 Gross claims for losses resisted 39430 00 4 Total qqb a r 996086 4 o JJeduct reinsurance due or accrued 418 145 20 6 Net amount of unpaid losses and claims 578 441 T 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 9334027 21 unearned prem iums per recapitulation page 6 col 6 4793388 21 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 81217467 unearned premiums fifty 0 Percent 406087 33 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 3414256 unearned premiums 100 per cent 34142 56 10 Total unearned premiums as computed above 5 933 61g 10 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement loomw 19 Contingent commissions or other charges due or accrued 3 421 53 21 Reinsurance and return premiums due other companies V00O 87 23 All other liabilities viz unpaid bills 1000 Q0 26 Total amount of all liabilities except capital 5945811 77384 ComptrollerGenerals Keport 1000000 00 27 Capital actually paid up in cash 28 Surplus over all liabilities 29 Surplus as regards policyholders 30 Total liabilities 4216643 07 10162454 84 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 9j8ftl975 90 years statement 2 Written or renewed during the year per Income No 5 3 Excess of original premiums over g amount received for reinsurance 1317069424 16564465 31 4 Total 5 Deduct those expired and marked off as terminated 459430718 6321583 32 6 In force at the end of the year 7 Deduct amount reinsured schedule re quired 857638706 10242881 99 72592646 908854 78 8 Net amount in force 785046060 9334027 21 Business in the State of Georgia During 1914 97 nrnqs risks written Less 65349600 risks cancelled and 133086000 rem surance in companies authorized in Georgia 10284090 00 1984356 00 Net risks written 8299734 00 87567 45 28 Gross premiums on risks written Less 1158693 return premiums and 1016239 prem companies authorized in W tfi iums for reinsurance in Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 65818 13 32378 06 4429 65 Net losses paid 27948 41i ComptrollerGenerals BepOrt 30 Losses incurred Less losses on risks reinsured in companies authorized Georgia T7 Net losses incurred 385 44653 77 5704 65 38949 12 SAVANNAH FIEE INSURANCE COMPANY OF SAVANNAH GA Mills P Lane President ICapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balance Dec 31 ofprevious years Extended at IIIncome 7 Total premiums other than perpetual 10 Gross interest on collateral loans per Schedule C 4 11 Gross interest on bonds and dividends on stocks 12 Gross interest on deposits in trust com panies and banks per Schedule N 13 Gross interest from all other sources Interest on municipal and county notes 16 Gross rents from companys property 17 Total gross interest and rents 28 Total income IllDisbursements 1 Gross amount paid policyholders for losses including 308816 occurring in pre vious years W F Train Secretary 168052 86 168052 86 5 Gross premiums per Item 2 VI page 6 28571 84 6 Deduct reinsurance premiums fire 13 21160 return premiums fire 402902 17 240 62 11331 22 55 17 6 00 1131 79 694 42 8348 25 10235 63 21566 85 5959 27386 ComptbollebGenebals Kepobt 2 Deduct amount received for salvage fire 7413 reinsurance fire 213420 2208 33 3 Net amount paid policyholders for losses i Expenses of adjustment and settlement oflosses 8 Salaries fees and all other charges of officers directors trustees and home office employees 10 Advertising 11710 printing and stationery 29953 11 Postage telegrams telephone and express 15 Underwriters boards and tariff associations VV 18 Eepairs 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 Sundry town licenses 23 Other disbursements Travelling expense Emergency tax stamps V 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 3750 U 38 86 2823 37 416 63 156 18 13 00 3358 02 1599 10 41 43 200 00 68 10 424 11 156 27 ie 03 65 00 41 Total disbursements 13127 04 IVLedger Assets 1 Book value of Teal estate 1 3 Loans secured by pledge of bonds stocks or other collateral per Schedule O 4 Book value of bonds and banks 12 Deposits in trust companies not on interest per Schedule N Deposits in trust companies and banks on interest per Schedule N Agents balances representing business written subsequent to Oct 1 1914 Other ledger assets viz County notes 800 00 1000 00 16 Total ledger assets as per balance Item 42 1177 16 18287 45 7228 06 28000 00 176492 67 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 19 Interest accrued on collateral loans per Schedule C Part 1 18 75 5 49ComptrollerGenerals Report 20 Interest on other assets Interest on deposits and county notes Rents due 24 Total 30 Gross assets Deduct Assets Not Admitted 41 Total admitted assets 895 37 373 00 387 1292 61 177785 28 177785 28 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense 5 Deduct reinsurance due or accrued 2000 00 2000 00 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 2335674 unearned prem iums per recapitulation page 6 col 6 12716 53 10 Total unearned premiums as computed above carried at 13716 53 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 100 000 00 28 Surplus over all liabilities 646S 7g 13716 53 164068 75 29 Surplus as regards policyholders 30 Total liabilities 177785 28 VIRisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement 2 Written or renewed during the year per income No 5 Fire Risks Premiums Thereon 2284459 36425 48 2185756 28571 84 Total 4570215 64997 3S388 ComptrollerGenerals Befort 5 Deduct those expired and marked off as terminated 1778474 20672 51 6 In force at the end of the year 2791741 44324 81 7 Deduct amount reinsured schedule re quired V 1437631 20968 07 8 Net amount in force 1354110 23356 74 Business in the State of Georgia During 1914 2100676 00 27 Gross risks written Less 56207000 risks cancelled and 86543100 reinsur ance in companies authorized in Georgia 1427501 00 Net risks written 28 Gross premiums on risks written Less 388605 return premiums and 1321160 prem iums for reinsurance in companies authorized in Ga Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 673175 00 27309 26 17097 65 10211 61 5400 50 2010 62 Net losses paid 30 Losses incurred Lesslosses on risks reinsured in companies authorized in Georgia i 3389 88 2i 1429 708 57 Net losses incurred 1605 72 SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OF HARTFORD CONN United States Manager James H Brewster W R Hoyt Atlanta Ga Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the eom Banv in the United States as follows F i u 200000 00 New York 5 Amount of ledger assets as per balance December 31 of previous year ComptrollerGenerals Report 389 IIIncome 6 Gross premiums per Item 2 VI4457102 29 7 Deduct reinsurance premiums fire 1264 31051 return premiums 81979584 2084106 35 8 Total premiums other than perpetual 2372 995 94 10 Gross interest on mortgage loans per Schedule B 7517 75 12 Gross interest on bonds and dividends on stocks less 501469 accrued interest on bonds acquired during 1914 per Sched ule D 223547 22 13 Gross interest on deposits in trust com panies and banks per Schedule N 6231 31 17 Gross rents from companys property in cluding 900000 for companys occu pancy of its own buildings 11201 83 18 Total gross interest and rents 248 498 12 19 Received from home office 90 902 50 27 From agents balances previously charged off 22 50 30 Total income 2712419 06 IIIDisbursements 1 Gross amount paid policyholders for losses including 22500929 occurring in pre vious years 1974351 87 2 Deduct amount received for salvage fire 1958830 reinsurance fire 653 80568 discount fire 43400 673827 98 3 Net amount paid policyholders for losses 1 300 523 89 4 Expenses of adjustment and settlement of losses 25792 50 5 Commissions or brokerage 504 159 28 6 Allowances to agencies for miscellaneous agency ex Penses 8080 78 7 Salaries 5820208 and exprenses 4395632 of special and general agents 102158 40 8 Salaries fees and all other charges of officers directors trustees and home office employees 114 009 73 9 Rents including 900000 for companys occupancy of its own buildings 10 873 07 10 Advertising 200287 printing and stationery 2108287 23085 74 11 Postage telegrams telephone and express 14 719 79 12 Legal expenses gl7 06390 ComptrollerGenerals Beport q TOO gg 13 Furniture and fixtures T g 14 Maps including corrections aqaoa 47 15 Underwriters boards and tariff associations 4J44 il 16 Fire department fire patrol and salvage corps assess mients fees taxes and expenses 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 1 i 1 3997 80 19 Taxes on real estate on 59816 89 20 State taxes on premiums 10094 Q5 21 Insurance department licenses and fees 1084 yo 22 All other licenses fees and taxes Federal corporation tax 5206 41 Revenue tax stamp 918 Municipal licenses 7588 5o 13713 60 23 Other disbursements Mercantile reports 1260 Office supplies 704 71 Premiums on bonds and insurance 1244 58 Safe deposit box 650 00 Subscriptions 885 16 Tabulating machines 131 15 6275 50 34 Remitted to home office 35 Decrease in liabilities during the year on account of rein 10 573 22 surance treaties 36 Agents balances charged off 37 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 5550 24 Bonds per Schedule D 3472 46 9022 70 39 Total disbursements 2320898 62 IVLedger Assets 1 Book value of real estate 234413 86 2 Mortgage loans on real estate per Sehed ule B first liens 152600 00 4 Book value of bonds 513843235 and stocks 5020625 per Schedule D 5188638 60 7 Deposits in trust companies and banks on interest per Schedule N 392480 70 8 Agents balances representing business written subsequent to Oct 1 1914 517888 14m ComptrollerGenerals Report 391 9 Agents balances representing business written prior to Oct 1 1914 8480 61 16 Total ledger assets as per balance Item 40 6494501 91 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest due 5655125 and accrued 38 02972 on bonds per Schedule D part 1 24 Total 30 Gross assets 2730 30 94580 97 97311 27 6591813 18 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 37 Overdue and accrued interest on bonds in default 39 Book value of ledger assets over market value Bonds and stocks 42 8480 61 15624 99 204893 60 228999 20 Total admitted assets g 362813 98 y VLiabilities 1 Gross losses adjusted and unpaid not yet due 139325 00 2 Gross claims for losses in process of ad justment or in suspense pluB 428200 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 219944 00 3 Gross claims for losses resisted 21 416 00 4 TotaI 380685 00 5 Deduct reinsurance due or accrued as per Schedule E 134162 00 6 Net amount of unpaid losses and claims 246 I 523 00392 ComptrollebGenekals Beport 7 Cross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks462506177 unearned prem iums per recapitulation page 6 col 6 242348a 10 Total unearned premium as computed above 2427348 48 Is Salaries rents expenses bills accounts fees etc due or 16 JSS H aud other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 18 Funds held under reinsurance treaties 23 Total amount of ail liabilities except 3428809 32 2000 00 30000 00 10000 00 18133 18 24 Deposit capital 25 Surplus over all liabilities 26 Surplus as regards policyholders 27 Total liabilities 3628809 32 6362813 VIBisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31 day of December as per liue 6 under thisheadnig m last 5957691 92 4457102 29 years statement 2 Written orrenewed during the year per Income No 5 505442230 1154745295 10414794 21 424705691 3960308 03 4 Total 5 Deduct those expired and marked off as terminated 730 039 604 6454486 18 6 In force at the end of the year 73003 W 7 Deduct amount reinsured schedule re mfi57m 1829424 41 quired i 517382253 4625061 77 g Net amount m force Business in the State of Georgia During 1914 7580027 00 ance in companies authorized in Georgia 6026051 00 Net risks writtenComptrollerGenerals Report 393 2 Gross premiums on risks writte Net premiums received 3 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia Net losses paid 4 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 78634 17 Less 1096163 return premiums and 201627 premiums for reinsurance in companies authorized in Georgia 12977 90 65656 27 45449 80 19 03 45430 77 48692 24 19 03 Net losses incurred 4g gyo of SECURITY INSURANCE COMPANY OF NEW HAVEN CONN John W Ailing President Jerome Brown Attorney for Service ICapital Stock 1 Amount of capital paid up in cash T V 1000000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 4118348 61 Victor Roth Secretary 4 Extended at 4118348 61 IIIncome 5 Gross premiums per Item 2 VI page 6 3492378 11 6 Deduct reinsurance premiums fire 741 12557 return premiums fire 27820 1402403 77 7 Total premiums other than perpetual 2089974 34 9 Gross interest on mortgage loans per Sched ule B 10 Gross interest on collateral loans per Schedule C 20634 00 1076 32394 ComptrollerGenerals Report 11 Gross interest on bonds and dividends on stocks less 154253 accrued interest on bonds acquired during 1914 per Schedule D 145424 90 13 Gross interest from all other sources Premium notes 18 Philadelphia XInderw deposits 315 reins bureau 3884 41 99 Deferred agency balance 12965 bills receivable 48 130 3 16 Gross rents from companys property in cluding 1104050 for companys oc cupancy of its own buildings 11850 00 17 Total gross interest and rents 179335 55 18 From other sources Borrowed money 160000 00 25 From agents balances previously charged off 646 07 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income 2430145 96 IIIDisbursements 1 Gross amount paid policyholders for losses including 21286773 occurring in pre vious years 1737599 0 2 Deduct amount received for salvage fire 997695 reinsurance fire 91638 discount fire 92475 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency expenses 7 Salaries 4998808 and expenses 4244689 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 1104055 for companys occupancy of its own buildings 10 Advertising 297334 printing and stationery 1170373 11 Postage telegrams telephone and express T2 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 1236780 94 30422 63 412976 28 21548 32 92434 97 118139 96 13370 53 14677 07 14106 20 3224 39 1023 33 7198 03 24366 01ComptrollebGenebals Report 395 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 426 52 17 Inspections and surveys 12 898 56 18 Repairs and expenses other than taxes on real estate 84 90 19 Taxes on real estate 2 870 32 20 State taxes on premiums 38 077 37 21 Insurance department licenses and fees 13551 02 22 All other licenses fees and taxes Emergency revenue tax 496 49 Federal corporation tax 1 705 40 Municipal licenses 2 837 43 Tax on capital stock 14 294 66 City and county taxes 8 607 44 23 Other disbursements General expenses Schedule 11 261 23 Borrowed money 160000 00 Interest on borrowed money 899 32 34 Paid stockholders for interest or dividends amount de clared during the year 90000 00 38 Agents balances charged off 702 04 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 1 537 50 Stocks per Schedule D 520 75 41 Total disbursements 2 368 040 61 IVLedger Assets 1 Book value of real estate 239267 88 2 Mortgage loans on real estate per Schedule B first liens 406400 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 16750 00 4 Book value of bonds 229918312 and stocks 72902022 per Schedule D 3028203 34 5 Cash in companys office 1640 70 6 Deposits in trust companies and banks not on interest per Schedule N 99842 75 8 Agents balances representing business written subsequent to October 1 1914 346938 75 9 Agents balances representing business written prior to Oct 1 1914 2039 06 11 Bills receivable taken for fire risks 37328 45 12 Other ledger assets viz Cash deposited with Phila Underw Assn 100 00 Beins due on losses paid Schedule E 1940 03 Total ledger assets as per balance Item 42 4180453 96396 ComptrollerGenerals Report NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 18 Interest accrued on bonds per Schedule D part 1 19 Interest accrued on collateral loans per Schedule C part 1 4209 02 38628 10 238 73 24 Total 25 Market value of real estate over book value per Sched ule A 43075 85 10882 12 30 Gross assets 4234411 93 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 35 Bills receivable past due taken for marine inland and fire risks 38 Book value of ledger assets over market value Market value of special deposit in excess of corresponding liabilities per special deposit schedule page 10 2039 06 2844 66 50306 71 5320 24 41 Total admitted assets 4173901 26 VLiabilities 1 Gross losses adjusted and unpaid 62182 37 2 Gross claims for losses in process of ad justment or in suspense plus 1200000 reserve for losses incurred prior to Bee 31 of which no notice had been received on that date 181579 78 3 Gross claims for losses resisted 19136 48 4 Total 262898 63 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 413157372 unearned prem iums per recapitulation page 6 col 6 2150543 10 70801 18 10 Total unearned premiums as computed above 2150543 10CompteollerGenerals Report 397 17 Salaries rents expenses bills accounts fees etc due or ffccrned 1548 46 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 35 000 00 26 Total amount of all liabilities except capital 2379189 01 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 794 712 25 29 Surplus as regards policyholders 794 712 25 30 Total liabilities 4173 901 26 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 471141222 4828701 10 2 Written or renewed during the year per Income No 5 324353126 3492378 11 3 Excess of original premiums over amount received for reinsurance 10 330 13 4 Total 795494348 8331409 34 5 Deduct those expired and marked off as terminated 282483962 3126715 87 6 In force at the end of the year 513010386 5204693 47 7 Deduct amount reinsured schedule re quired 105498083 1073119 75 Net amount in force 407512303 4131573 72 Business in the State of Georgia During 1914 27 Gross risks written 5830676 00 Less 136319000 risks cancelled and 105938800 rein surance in companiesauthorized in Georgia 2422 578 00 Net risks written 3408098 00 29 Losses paid deducting salvage 29 051 82 Less losses on risks reinsured in companies authorized 398 COMPTROLLERGENERALS KEPORT r 5688 98 in Georgia T 23362 84 Net losses paid 29864 20 30 Losses incurred Less losses on risks reinsured in companies authorized 032b 03 in Georgia 24538 17 Net losses incurred SOUTHERN MUTUAL INSURANCE COMPANY OF ATHENS GEORGIA Billups Phinizy President A E Griffith Secretary ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous years 1045871 71 1045877 71 4 Extended at v IIIncome 5 Gross premiums per Item 2 VI page 6 392270 86 6 Deduct return premiums fire 4682 48 7 Total net premiums other than perpetual 11 Grossinterest on bonds and dividends on stocks less 933 accrued interest on bonds acquired during 1914 per Sched ule D 16 Gross rents from companys property in cluding 150000 for companys occu pancy of its own buildings 38248 17 25947 42 387588 38 17 Total gross interest and rents 18 From all other sources South North Alabama R R Co 42 shares sold this stock was charged off May 30 1879 64195 59 4200 00 28 Total income 455983 97ComptrollerGeneral s Report 399 IIIDisbursements 1 Gross amount paid polieyholders for losses including 594826 occurring in pre vious years 122598 70 3 Net amount paid polieyholders for losses 5 Commissions or brokerage 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 150000 for companys occupancy of its own buildings 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 350 00 State and city tax on furniture and cash 508 45 Municipal licenses and tax on premiums 2799 87 23 35 41 Other disbursements Expense account Items 4 6 1014 inc Scrip or certificates of profits redeemed in cash policy holders Total disbursements IVLedger Assets Book value of real estate 265000 00 Book value of bonds 57300000 stocks 18500000 per Schedule D 758000 00 Deposits in trust companies and banks not on interest per Schedule N 11823 00 Agents balances representing business written subsequent to Oct 1 1914 6350 99 122598 70 58137 26 20900 00 1500 00 10434 85 3894 83 385 09 585 10 3658 32 3049 31 235544 23 460687 69 16 Total ledger assets as per balance Item 42 1041173 99 NonLedger Assets 18 Interest due 545000 stocks accrued 12 16875 on bonds per Schedule D part 23 Rents due on companys property or lease 24 Total 17618 75 2500 00 1061292 74 400 ComptrollerGenerals Beport 26 Market value not includinginterest in item 18 of bonds and stocks over book value per Schedule D Juu uu 30 Gross assets 1151317 74 Deduct Assets Not Admitted 42 Total admitted assets 1151317 74 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense 4 Total 11165 98 11165 98 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable up on all unexpired fire risks 38758838 unearned prem iums per recapitulation page 6 col 6 193794 19 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to policyholders 8 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 11165 98 193794 19 150178 70 25 Total amount of all liabilities except capital 27 Surplus over all liabilities 201 96 355340 83 795976 91 29 Tot vTfo 1151317 74 al liabilities VIRisks and Premiums 1 In force on the 31 day of December as per line 6 under this heading in last years statement 40272479 00 2 Written or renewed during the year per Income No 5 43192925 00 4 Tota 83465404 00 5 Deduct those expired and marked off as terminated 4201672 00 6 In force at the end of the year 41433732 00ComptrollerGeneral b Beport 401 Business in the State of Georgia During 1914 1 Gross risks written 43192925 00 Less risks cancelled 830596 00 Net risks written 42362329 00 2 Gross premiums on risks written 392 270 86 Less return premiums 4 682 48 Net premiums received 387588 38 3 Losses paid inc 594826 1913 losses 122598 70 4 Losses incurred 1116598 1914 unpaid 5217 7 Net losses incurred 127 816 42 SOUTHERN UNDERWRITERS FIRE INSURANCE COMPANY OF GREENSBORO N C A W McAlister President C A Mebane Secretary m R L Woods Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 383051 13 4 Extended at 38305113 IIIncome 5 Gross premiums per Item 2 VI page 6 169984 11 6 Deduct reinsurance premiums fire 42 06797 return premiums fire 1811122 60179 19 7 Total premiums other than perpetual 109804 92 9 Gross interest on mortgage loans per Schedule B 11543 42 10 Gross interest on collateral loans per Schedule C 446 11 11 Gross interest on bonds and dividends on stocks less 8472 accrued interest on bonds acquired during 1914 per Sched ule D 7158 28402 ComptrollerGenerals Report 12 Gross interest on deposits in trust com panies and banks per Schedule N 3 79 13 Gross interest from all other sources On bills receivable 368 32 17 Total gross interest and rents 26 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 27 Gross increase by adjustment in book value of ledger assets viz Stocks per Schedule D 28 Total income IIIDisbursements 1 Gross amount paid policyholders for losses including 530450 occurring in pre vious years 75625 38 2 Deduct amount received for salvage fire 128826 reinsurance fire 895147 10239 73 3 Ket amount paid policyholders for losses 8 Salaries fees and all other charges of officers directors trustees and home office employees 22 All other licenses fees and taxes Federal corporation tax State and county tax Tax on capital stock City tax 23 Other disbursements Commission to G A Com paid for selling bonds Com paid for selling stocks 34 Paid stockholders for interest or dividends amount de clared during the year 41 Total disbursements IVLedger Assets 2 Mortgage loans on real estate per Schedule B 204308 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 14965 00 4 Book value of bonds 2272050 and stocks 11407500 per Schedule D 136795 50 5 Cash in companys office 3410 00 19519 92 185 00 2925 00 132434 84 i 65385 65 286 43 313 71 908 52 381 15 1985 93 43922 16 111 00 40 70 12000 00 125335 25ComptkollekGtenekals Eeport 6 Deposits in trust companies and banks not on interest per Schedule N 4 704 50 7 Deposits in trust companies and banks on interest per Schedule N 100 00 8 Agents balances representing business written subsequent to Oct 1 1914 23574 09 9 Agents balances representing business written prior to Oct 1 1914 1902 89 11 Bills receivable taken for fire risks 290 74 403 16 Total ledger assets as per balance Item 42 390150 72 NonLedger Assets 17 Interest due 45900 and accrued 3 52652 on mortgages per Schedule B 3985 52 18 Interest accrued on bonds per Schedule D Part 1 519 17 19 Interest accrued On collateral loans per Schedule C part 1 120 70 24 Total 30 Gross assets 4625 39 394776 11 Deduct Assets Not Admitted 41 Total admitted assets 394 776 11 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense 4 418 01 6 Net amount of unpaid losses and claims 10 Total unearned premiums as computed above 16 Dividends declared and unpaid to stockholders 4418 01 118551 93 12000 00 26 Total amount of all liabilities except capita 134969 94 27 Capita actually paid up in cash 200000 00 28 Surplus over all liabilities 59806 17 29 Surplus as regards policyholders 259806 17 30 Total liabilities 394 776 11404 ComptrollerGenerals Report 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 16456069 268799 05 2 Written or renewed during the year per income No 5 10565369 169984 11 4 Total 27021438 438783 16 5 Deduct those expired and marked off as terminated 9128137 147273 36 6 In force at the end of the year 17893301 291509 80 7 Deduct amount reinsured schedule re quired 4165342 64103 60 8 Net amount in force 13727959 227496 20 Business in the State of Georgia During 1914 27 Gross risks written 9302 00 Less risks cancelled ll8o m Net risks written 75175 28 Gross premiums on risks written I688 01 Less return premiums Net premiums received 448 60 SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF SPRINGFIELD MASS A W Damon President W J Mackay Secretary Jas L Dickey Jr Atlanta Ga Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2500000 00 2 Amount ofledger assets as per balance Dec 31 of previous years 10990962 34 Kxendedat 10990962 34COMPTHOLEEEGENERALS BePORT 405 IIIncome 5 Gross premiums per Item 2 VI page 6 8644753 42 6 Deduct reinsurance premiums fire 1407 116 75 return premiums fire 1357 14148 2764258 23 7 Total premiums other than perpetual 5880495 19 9 Gross interest on mortgage loans per schedule B 94482 12 11 Gross interest on bonds and dividends on stocks less 207768 accrued interest on bonds acquired during 1914 per Sched ule D 297347 98 12 Gross interest on deposits in trust com panies and banks per Schedule N 11900 58 13 Gross interest from all other sources Union Pacific R R interest on delayed extra cash dividend 22 73 16 Gross rents from companys property in cluding 1800000 for companys occu pancy of its own buildings 18000 00 17 Total gross interest and rents 421 753 41 18 From other sources Refund of taxes on Massachusetts bank stock 17 923 96 24 Increase in liabilities during the year on account of re insurance treaties 13 474 49 25 From agents balances previously charged off 154 56 26 Gross profit on sale or maturity of ledger assets viz Stocks Schedule D 73 053 9 28 Total income 6406854 73 IIIDisbursements 1 Gross amount paid policyholders for losses including 53049764 occurring in pre vious years 4306423 47 2 Deduct amount received for salvage fire 3202320i reinsurance fire 82628024 discount fire 3153 3 Net amount paid policyholders for losses 3448 088 50 4 Expenses of adjustment and settlement of losses 54061 76 5 Commissions or brokerage 2 102 785 61 6 Allowances to local agencies for miscellaneous agency expenses 26427 42406 CompteollebGenebals Kepoet 7 Salaries 20232518 and expenses 13866954 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 1800000 for companys occupancy of its own buildings 10 Advertising 2040310 printing and stationery 5076124 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Bepairs and expenses other than taxes on real estate 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Massachusetts franchise tax County and municipal taxes Federal internal revenue tax 23 Other disbursements Interest paid Munich Beinsurance Co per contract Premiums on bonds fire and liability policies Mercantile reports directories and magazines Light and heat Laundry toilet etc Auditing and exchange Lunch system entertaining etc Sundrv items 34 Paid stockholders for interest or dividends amount de clared during the year 25000000 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 340994 72 343424 07 35340 10 71164 34 24471 91 7293 67 4307 41 10771 16 64047 92 30267 98 43356 02 544 91 5007 75 119002 50 27196 88 6559 42 17923 96 19878 13 2263 12 10456 66 1006 95 1964 02 3223 15 1242 89 2696 94 6S4 92 1165 67 250000 00 2255 38 29057 50 41 Total disbursements 6113933 34 IVLedger Assets 1 Book value of real estate 300000 00 2 Mortgage loans on real estate per Sched uhB first liens 2053870 0C 4 Book value of bonds 105273214 and stocks 587320000 per Schedule D 6925932 14ComptrollerGenerals Report 5 Cash in companys office 924 01 6 Deposits in trust companies and banks not on interest per Schedule N 408 907 64 7 Deposits in trust companies and banks on interest per Schedule N 368472 01 8 Agents balances representing business written subsequent to Oct 1 1914 1201893 42 9 Agents balances representing business written prior to Oct 1 1914 23884 51 407 16 Total ledger assets as per balance Item 42 11283883 73 NonLedger Assets 17 Interest accrued on mortgages per Sched ule B 48332 83 18 Interest accrued on bonds per Schedule D part 1 17453 58 24 30 Total 65786 41 Gross assets 11349670 14 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 23884 51 38 Book value of ledger assets over market value 267660 14 Market value of special deposits over cor responding liabilities 87721 35 41 Total admitted assets 10970404 14 VLiabilities 1 Gross losses adjusted and unpaid not yet due 101036 13 2 Gross claims for losses in process of ad justment or in suspense plus 2609623 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 574010 98 3 Gross claims for losses resisted 56895 49 4 Total 731942 60 5 Deduct reinsurance due or accrued 148242 24 6 Net amount of unpaid losses and claims 583700 36408 ComptkollekGenerals Beport 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 1065681501 unearned prem iums per recapitulation page 6 col 6 5542965 64 10 Total unearned premiums as computed above 15 Interest due or accrued on borrowed money to Munich Reins 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 5542965 64 5324 78 15000 00 50000 00 10000 00 272976 83 4490436 53 10970404 14 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 2500000 00 28 Surplus over all liabilities 1990436 d3 20 Surplus as regards policyholders 30 Total liabilities VIRisks and Premiums 1 In force on the 31 day of Dec as per line 6 under this heading in last vears statement 1057044659 Ho90419 92 XV1nerNTreddngheyeaPer 798972112 8644753 42 4 Tota 1856016771 20235173 34 5 Deduct those expired and marked off as onQQQ Tn mq 691043203 7808848 0 terminated 6 In force at the end of the year 1164973568 7 Deduct amount reinsured schedule re n 168475252 quired 8 Net amount in force 996498316 Business in the State of Georgia During 1914 27 Gross risks written Less 198871100 risks cancelled and 9485200 reinsur ance in companies authorized in Georgia 12426324 64 1769509 63 10656815 01 7694815 CO 2083563 00 Xet risks written 5611252 00CompteolleeGeneeal s Eepoet 409 28 Gross premiums on risks written 129592 82 Less 2748173 return premiums and 181460 prem iums for reinsurance ijLcompanies authorized in Ga 29290 33 Net premiums received 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 100296 49 66453 39 3 94 Net losses paid 66449 45 30 Losses incurred 78864 82 Less losses on risks reinsured in companies authorized in Georgia 10 83 Net losses incurred 78853 9 STANDARD FIRE INSURANCE COMPANY OF HARTFORD CONN Home Office 18 Asylum St Hartford Conn M L Hewes President H B Anthony Secretary W A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assetsas per balance Dec 31 of previous years 1267929 39 3 Increase of paid up capital during the year 250000 00 4 Extended at 1517929 39 IIIncome 5 Gross premiums per item 2 VI page 6 1033111 21 6 Deduct reinsurance premiums fire 181 03277 return premiums fire 178 24339 360276 16 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 284675 accrued interest on bonds acquired during 1914 per Schedule D 51740 26 672835 05410 ComptrollerGenerals Report 12 Gross interest on deposits in trust com panies and banks per Schedule N 2484 35 17 Total gross interest and rents 18 From other sources Surplus paid in 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income 54224 61 125000 00 362 50 852422 16 IIIDisbursements 1 Gross amount paid policyholders for losses including 3891477 occurring in pre vious years 467211 23 2 Deduct amount received for salvage fire 117310 reinsurance fire 11326451 114437 61 3 Net amount paid policyholders foT losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency expenses 7 Salaries 2086889 and expenses 1957518 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 8 Traveling expenses home office 9 Rents 10 Advertising 146119 printing and stationery 655667 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Notarial fees 62 00 U S Revenue tax 169 87 352773 62 9097 16 159753 67 3406 68 40444 07 31596 05 1725 93 2833 86 8017 86 5393 33 60 00 762 01 2822 82 5062 25 2618 90 6594 94 13999 25 6587 96 231 87 23 Other disbursements Legal and other expenses with new stock in connection 1919 73COMPTROLLERGrENERAL s EePORT 411 State tax on new stock Capital stock tax 500 00 3000 00 34 38 39 41 Paid stockholders for interest or dividends amount de clared during the year 4000000 Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 10410 45757 70 31 49 125 00 Total disbursements 710116 15 IVLedger Assets 4 Book value of bonds 127461322 and stocks 13351900 per Schedule D 1408132 22 5 Cash in companys office 46 16 7 Deposits in trust companies and banks on interest per Schedule N 108052 76 8 Agents balances representing business written subsequent to Oct 1 1914 143502 03 9 Agents balances representing business written prior to Oct 1 1914 502 23 16 18 24 27 30 Total ledger assets as per balance Item 42 NonLedger Assets 1660235 40 Interest accrued on bonds per Schedule D part 1 17154 47 Total Other nonledger assets viz Maps fur niture and fixtures cost 2518186 17154 47 10000 00 Gross assets 1687389 87 33 Furniture fixtures and safes 34 Agents balances representing business written prior to Oct 1 1914 38 Book value of ledger assets over market value Deduct Assets Not Admitted 10000 00 502 23 52190 22 62692 45 41 Total admitted assets 1624697 42412 CoMPTBOLLERGrENERAL s EePORT VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 225000 reserve for losses incurred prior to Iec 31 of which no notice had been receiv ed on that datej 3 Gtoss claims for losses resisted 36499 37 2306 00 4 Total 5 Deduct reinsurance due or accrued 68805 37 6892 99 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 108090745 unearned prem iums per recapitulation page 6 col 6 592711 26 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 26 Total amount of all liabilities except capital 27 Capital actually paid up in cash 750000 00 28 Surplus over all liabilities 206192 53 29 Surplus as regards policyholders 30 Total liabilities 61912 38 592711 26 1381 25 12500 00 668504 89 956192 53 1624697 42 VIEisks and Premiums 1 In force on the 31 day of December as per line 6 under this heading in last years statement 984285 79 2 Written or renewed during the year per Income No 5 1033111 21 4 Total 2017397 00 5 Deduct those expired and marked off as terminated 687067 83 6 In force at the end of the year 1330 329 17 7 Deduct amount reinsured schedule required 249421 72 Net amount in force 1080907 45COMPTROLLERGENERAL s BePOKT Business in the State of Georgia During 1914 413 1242838 00 27 Gross risks written Less 17031500 risks cancelled and 22633600 reinsur ance in companies authorized in Georgia 396 651 00 Net risks written 845787 00 11803 61 28 Gross premiums on risks written Less 188735 return premiums and 216511 premiums for reinsurance in companies authorized in Georgia 4 052 46 Net premiums received 7751 15 14167 76 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 4 222 g0 Net losses paid 9944 96 8426 50 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 3737 01 Net losses incurred 6689 49 STEELING FIRE INSUKANCE COMPANY OF INDIANAPOLIS IND John C Bellheimer President Oscar L Boss Secretary ICapital Stock 1 Amount of capital stock paid up in cash 850000 00 2 Amount of ledger assets as per balance Dec 31 of previous years 1582312 46 Extended at 1582312 49 IIIncome 5 Gross premiums per item 2 VI page 6 730192 68 6 Deduct reinsurance premiums fire 169 12430 return premiums fire 159 82585 32895015 7 Total net premiums other than perpetual 401242 53414 CoMPTROLLEEGrENEBAL s BEPOET 9 Gross interest on mortgage loans per Schedule B less 12683 accrued interest on mortgages acquired during 1914 per Schedule D 66234 15 10 Gross interest on collateral loans per Schedule C 221 03 11 Gross interest on bonds and dividends on stocks 11260 23 13 Gross interest from all other sources Certificates of deposit less 24975 accrued inst on certificates of deposit acquired during 1914 3292 08 17 Total gross interest and rents 18 From all other sources Commission on mortgage loans 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 28 Total income 81007 49 3396 00 61 15 485707 17 IIIDisbursements 1 Gross amount paid policyholders for losses including 3693358 occurring in previous years 2 Deduct amount received for salvage fire 317900 reinsurance fire 6008483 discount fire 24914 63512 9 274341 64 9 10 11 12 13 14 15 16 17 20 21 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses ommissions or brokerage Salaries 1105215 and expenses 927065 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Eents Advertising 201134 printing and stationery 375505 sup used for adv 77985 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 210828 67 4396 til 101583 70 20322 80 36681 19 3365 00 6546 24 4260 sn 707 67 1580 97 308C Ti 3890 40 4405 09 2792 42 7896 14 4617 03 ComptrollerGenerals Report 415 22 All other licenses fees and taxes Marion county 22 744 00 City licenses fees and taxes 1 054 07 23 Other disbursements General expense 2 688 59 Office maintenance 305 02 Library 234 66 Emergency revenue tax 181 04 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 71 54 41 Total disbursements 434 241 44 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 1141960 60 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 5450 00 4 Book value of bonds 245135 08 5 Cash in companys office 100 00 7 Deposits in trust companies and banks on interest per Schedule N 138253 05 8 Agents balances representing business written subsequent to Oct 1 1914 79124 53 9 Agents balances representing business written prior to Oct 1 1914 23754 93 16 Total ledger assets as per balance Item 42 1633778 19 NonLedger Assets 17 Interest due 381815 and accrued 18 06826 on mortgages per Schedule B 21886 41 18 Interest accrued on bonds per Schedule D Part 1 1995 40 10 Interest accrued on collateral loans per Schedule C part 1 109 35 20 Interest accrued on certificates of deposit 715 09 24 Total 24706 25 27 Other nonledger assets viz Commissions on reinsurance premiums see Item 22 Pa8e 5 5498 97 30 Gross assets 1663983 41416 ComptrollerGeneralis Beport Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 39 Book value of ledger assets over market value viz Bonds 23754 93 33637 37 2507 18 42 Totaladmitted assets 1604083 93 VLiabilities 1 Gross losses adjusted andunpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 1231492 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 1364 54 78119 30 4515 00 4 Total 83998 84 5 Deduct reinsurance due or accrued as per Schedule E 22293 54 6 Net amount of unpaid losses and claims 61705 30 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 60521099 unearned prem iums per recapitulation page 6 col 6 338282 71 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 uponthebusiness of the year of this statement 22 All other liabilities viz Reinsurance premiums 338282 71 430 50 24000 00 18183 52 25 Total amount ofalMiabiiities except capital 442602 03 26 Capital actually paid up in cash 850000 00 27 Surplus over all liabilities 311481 90 28 Surplus as regards policyholders 29 Total liabilities 1161481 90 1604083 93ComptbollebGenebals Keport 417 VIBisks and Premiums 1 i fnrr Fire risks Premiums thereon 1 In force on the 31 day of Dec as per line 6 under this heading in last years statement ka a an ana 2 wittm V 544866 597444 39 S Written or renewed during the year per Income No 5 ro Aaa n 68462240 730192 68 4 Total n 122949916 1327637 07 o Deduct those expired and marked off as terminat6d 45992467 526546 50 6 In force at the end of the year 801090 T Deduct amount reinsured schedule re qired 17903350 195879 58 8 Net amount in force 59054099 5210 99 SUN INSURANCE OFFICE OF LONDON ENGLAND U S Branch Office New York City United States Manager J J Guile T T Fitten Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows JJeWT0rk 200000 00 10 100000 00 5 Amount of all ledger assets as per balance December 31 of previous year 4912950 6g IIIncome 6 Gross premiums per Item 2 VI 4375904 44 7 Deduct reinsurance premiums fire 989 88423 return premiums 79288651 1782770 74 8 Total premiums other than perpetual 2 593 133 70 12 Gross interest on bonds and dividends on stocks less 181325 accrued interest on bonds acquired during 1914 per Sched le D 171483 25 418 ComptrollerGenerals Report 13 Gross interest on deposits in trust com panies and banks per Schedule N 4905 64 14 Gross interest from other sources Reinsurance Bureau bank deposits 46 68 17 Gross rents from companys property in cluding 1580000 for companys occu pancy of its own buildings 15800 00 18 Total gross interest and rents 192235 57 19 Received from home office 71910 62 20 From other sources Income tax withheld 140 03 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1137 27 30 Total income 2858557 19 IIIDisbursements 1 Gross amount paid policyholders for losses including 27470895 occurring in pre vious years 2046460 49 2 Deduct amount received for salvage fire 2287832 reinsurance fire 49816113 discount fire 99915 10 11 12 13 14 15 16 17 18 19 Net amount paid policyholders for losses 1524421 89 Expenses of adjustment and settlement of losses 42894 25 Commissions or brokerage 550088 93 Allowances to agencies for miscellaneous agency expenses 3023 13 Salaries 42979 08 and expenses 3873305 of special and general agents 81712 13 Salaries fees and all other charges of officers directors trustees and home office employees 167675 32 Rents including 1580000 for companys occupancy of its own buildings 24315 32 Advertising 871519 printing and stationery 26 185 98 34901 17 Postage telegrams telephone and express 16953 82 Legal expenses 1554 47 Furniture and fixtures 2662 74 Maps including corrections 8456 95 Underwriters boards and tariff associations 44177 41 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 31086 22 Inspections and surveys 24765 23 Repairs and expenses other than taxes on real estate 5858 38 Taxes on real estate 3309 64 ComptrollerGenerals Report 39 Total disbursements IVLedger Assets 1 Book value of real estate lnm 04 4 Book value of bonds 366012320 and stocks 31979101 per Sehed O 3979914 n 5 Cash in companys office 700 7 Deposits in trust companies and banks on interest per Schedule N 28g M5 39 8 Agents balances representing business written subsequent to Oct 1 1914 493686 49 9 Agents balances representing business written prior to Oct 1 1914 14 889 11 419 20 State taxes on premiums 21 Insurance department licenses and fees 22 AH other licenses fees and taxes Federal corporation tax Municipal and misc licenses and fees 23 Other disbursements Miscellaneous expenses 34 Remitted to home office 36 Agents balances charged off l 3 58679 55 15326 02 1492 95 16694 08 2354 46 2825327 63 3 6 Total ledger assets as per balance Item 40 4946180 24 NonLedger Assets 18 Interest due 100000 and accrued 52 37024 on bonds per Sched D part 1 53 370 24 24 Total 25 Market value of real estate over book value perSched ule A 53370 24 38074 96 30 Gross assets 5037625 44 Deduct Assets Not Admitted 31 Cash 24835058 and all investments 2 85000 not in control of trustees 251 200 58 34 Agents balances representing business written prior to Oct 1 1914 14 889 11 37 Overdue and accrued interest on bonds in Q P 200000 iH Hook value of ledger assets over market value viz Bonds and stocks 161 122 53 42 Total admitted assets 4608413 22 420 ComptrollerGenerals Beport VLiabilities 1 Gross losses adjusted and unpaid due 11978700 not yet due 919700 128984 00 2 Gross claims for losses in process of ad justment or in suspense plus 1580300 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 274077 00 3 Gross claims for losses resisted 17322 00 4 Total 420383 00 5 Deduct reinsurance due or accrued as per Schedule E 99902 51 6 Net amount of unpaid losses and claims 320480 49 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 569414372 unearned prem iums per recapitulation page 6 col 0 2913780 06 10 Total unearned premiums as computed above 2913780 06 15 Salaries rents expenses bills accounts fees etc due or accrued 4053 21 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 58802 06 17 Contingent commissions or other charges due or accrued 15000 00 20 All other liabilities viz Income tax withheld O 03 23 Total amount of all liabilities except deposit capital 3312255 85 24 Deposit capital 200000 00 25 Surplus over all liabilities 1096157 37 26 Surplus as regards policyholders 1296157 37 27 Total liabilities 4608413 22 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 642123176 6653309 52 2 Written or renewed during the year 412577257 4375904 44 ComptrollerGenerals Keport 421 3 Excess of original premiums over amount received for reinsurance 1 108 68 tal 1054700433 11030322 61 o Deduct those expired and marked off as terminated 392552687 4271520 54 6 In force at the end of the year 662147746 6758802 U 7 Deduct amount reinsured schedule re 1uired 99314363 1064620 38 8 Net amount in force 562833383 569418172 Business in the State of Georgia During 1914 1 Gross risks written 6088326 00 Less 157437900 risks cancelled and 53111500 reinsur ance in companies authorized in Georgia 2 105 494 0C Net risks written 3982832 00 2 Gross premiums on risks written 92 340 39 Less 1454756 return premiums and 678223 premiums for reinsurance in companies authorized in Georgia 21 329 79 Net premiums received 71 010 60 3 Losses paid deducting salvage 38 675 70 Less losses on risks reinsured in companies authorized in Georgia 847 72 Net losses paid 37 827 9s 4 Losses incurred 4 259 06 Less losses on risks reinsured in companies authorized in Georgia 2214 80 Net losses incurred 39 Q37 og422 ComptrollerGeneral s Report SVEA FIRE AND LIFE INSURANCE COMPANY LTD OF GOTHENBURG SWEDEN United States Branch Office New York City United States Manager M L Duncan Rhett O Beirne Attorneys for Service IDeposit Capital 1 In the custody of State officials for the benefit of all polieyholders of the com pany in the United States as follows New York State 200000 00 5 Amount of ledger assets as per balance December 31 of previous year 1594090 03 IIIncome 6 Gross premiums per Item 2 VI 1440550 32 7 Deduct reinsurance premiums fire 227 48821 return premiums 29115101 518639 22 8 Total premiums other than perpetual 921911 10 12 Gross interest on bonds and dividends on stocks less 111736 accrued interest on bonds acquired during 1914 per Sched ule D 51395 14 13 Gross interest on deposits in trust com panies and banks per Schedule N 1282 78 14 Gross interest from other sources Interest on deposits Reinsurance Bureau 46 39 Interest on bills receivable 8 90 18 Total gross interest and rents 52733 21 19 Received from home office 24177 55 28 Gross profit o sale or maturity of ledger assets viz Bonds per Schedule D 458 00 30 Total income 990279 86 IIIDisbursements 1 Gross amount paid polieyholders for losses including 5352226 occurring in pre vious years 636963 84ComptrollerGenerals Beport 423 2 Deduct amount received far salvage fire 652631 reinsurance fire 8731319 discount fire 50564 94345 14 3 Net amount paid policyholders for lossesj 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to agencies for miscellaneous agency expenses 7 Salaries 1130650 and expenses 1460935 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents 10 Advertising 50660 printing and stationery 709037 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Haps 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 Local taxes Emergency revenue tax 23 Other disbursements Remittance to home office Home office expenses Bank exchange Insurance publications Office supplies Mercantile reports Clout of audit Joseph Froggatt Co Inc 542618 70 11646 50 251829 36 93 70 25915 85 31997 03 4678 26 7596 97 3502 66 167 27 892 91 2337 32 11875 53 7983 46 2796 99 11797 12 6470 43 613 37 907 00 1237 65 237 48 3189 45 1205 06 364 56 165 60 71 70 960 00 1312 50 39 Total disbursements 934464 43 IVLedger Assets 4 Book value of bonds j 343 439 74 5 Cash in company g office 44 03 6 Deposit in trust companies and banks not on interest per Schedule N 33 185 85 7 Deposits in trust companies and banks on interest per Schedule N 90 324 19424 ComptrollerGenerals Befort 8 Agents balances representing business written subsequent to Oct 1 1914 153991 00 9 Agents balances representing business written prior to Oct 1 1914 4724 57 11 Bills receivable taken for fire risks 29228 39 12 Other ledger assets viz Bills receivable taken for agents balances 974 69 16 Total ledger assets as per balance Item 40 1658905 46 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 18328 70 24 Total 18328 70 30 Gross assets 1677234 16 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 4724 57 35 Bills receivable past due taken for ma rine inland and fire risks 1011 17 Bills receivable taken for agents balances over 3 months due 974 69 39 Book value of ledger assets over market value viz Bonds 82152 74 42 Total admitted assets 1588370 99 VLiabilities 1 Gross losses adjusted and unpaid due 3103598 not yet due 555415 36590 13 2 Gross claims for losses in process of ad justment or in suspense pins 730887 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 75933 39 3 Gross claims for losses resisted 5250 00 4 Total 117773 52 5 Deduct reinsurance due or accrued as per Schedule E 13813 26 6 Net amount of unpaid losses and claims 103960 26ComptkolleeGeserals Report 425 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 159939444 unearned prem iums per recapitulation page 6 col 6 848632 10 Total unearned premiums as computed above 848 632 89 15 Salaries rents expenses bills accounts fees etc due or accrued 1439 34 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 21689 48 3000 00 23 Total amount of all liabilities except deposit capital 24 Deposit capital 200000 0O 25 Surplus over all liabilities 409 649 02 26 Surplus as regards polieyholders 27 Total liabilities 978721 97 609649 02 Business in the State of Georgia During 1914 1 Gross risks written d Less 83240000 risks cancelled and 42570600 reinsur ance in companies authorized in Georgia Net risks written 2 Gross premiums on risks written Less 867160 return premiums and 597602 premiums for reinsurance in companies authorized in Georgia 2595691 00 1258106 00 1337585 00 34300 41 14647 62 Net premiums received 3 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 19652 79 1961837 3293 16 Net losses paid 4 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 16325 21 18721 84 1019 38 Net losses incurred 17702 46426 ComptrollerGeneral s Report UNION FIRE INSURANCE COMPANY OF PARIS FRANCE United States Branch Office Providence B I United States Managers Starkweather Shepley Inc Hon Wm A Wright Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows Supt of Insurance New York State 210000 00 5 Amount of ledger assets as per balance December 31 of previous year 964493 09 IIIncome 6 Gross premiums per Item 2 VI 753174 36 7 Deduct reinsurance premiums fire 146 57511 return premiums 18724811 333823 22 8 Total premiums other than perpetual 419351 14 12 Gross interest on bonds and dividends on stocks 28248 20 13 Gross interest on deposits in trust com panies and banks per Schedule N 4797 46 14 Gross interest from other sources From cash deposited with Philadelphia Underwriters Ass n 3 15 18 Total gross interest and rents 33048 81 19 Received from home office 216 35 30 Total income 452610 30 TTTDisbursements 1 Gross amount paid policyholders for losses including 4882838 occurring in pre vious years 2 Deduct amount received for salvage fire 324508 reinsurance fire 14728925 discount fire 18957 415572 71 3 Net amount paid policyholders foT losses 4 Expenses of adjustment and settlement of losses 264848 81 5300 38 ComptrollerGenerals Report 5 Commissions or brokerage 8 Salaries fees and all other charges of officers directors trustees and home office employees 10 Advertising 35661 printing and stationery 5Mh 11 Postage telegrams telephone and express 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 Remittance to home office 427 137285 47 300 00 361 61 2 35 4750 95 2784 63 1362 56 8119 22 4065 10 166 56 2651 33 191 62 4912 20 39 Total disbursements 437102 79 IVLedger Assets 4 Book value of bonds 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 12 Other ledger assets viz Philadelphia Underwriters Assn deposit 698330 00 176082 30 105494 90 100 00 16 Total ledger assets as per balance Item 40 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 8834 96 24 30 Total Gross assets Deduct Assets Not Admitted 39 Book value of ledger assets over market value 16761 79 42 Total admitted assets 3007 20 8834 96 988842 16 972080 37428 ComptbollebGtenebals Repoet VLiabilities 1 Gross losses adjusted and unpaid not yet due 7033 73 2 Gross claims for losses in process of ad justment or in suspense plus 440571 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 57178 00 3 Gross claims for losses resisted 3833 33 4 Total 68045 06 5 Deduct reinsurance due or accrued as per Schedule E 18907 09 6 Net amount of unpaid losses and claims 10 Total unearned premiums as computed above 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 17 Contingent commissions or other charges due or accrued 23 Total amount of all liabilities except deposit capital 26 Surplus as regards policyholders I 27 Total liabilities 49137 97 335674 54 8000 00 34813 32 427625 83 544454 54 972080 37 VIEisks 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 76739887 716707 34 2 Written or renewed during the year per Income No 5 81252756 753174 30 4 Total 157992643 146997170 5 Deduct those expired and marked off as terminated 71439384 644049 51 6 In force at the end of the year 86553259 825922 19 7 Deduct amount reinsured schedule re quired 20682999 206053 39 8 v Net amount in force 65870260 619868 80ComptrollerGenerals Eeport 429 Business in the State of Georgia During 1914 1 Gross risks written 3660302 61 Less 86953800 risks cancelled and 83749300 reinsur ance in companies authorized in Georgia 1 707 031 00 Net risks written 1953271 61 2 Gross premiums on risks written 52 522 18 Less 1154814 return premiums and 1105912 premiums for reinsurance in companies authorized in Georgia 22 607 66 Net premiums received 29 914 52 3 Losses paid deducting salvage 25 909 27 Less losses on risks reinsured in companies authorized in Georgia 12169 85 Net losses paid 13 739 42 4 Losses incurred 4 39 013 07 Less losses on risks reinsured in companies authorized in Georgia 13283 73 Net losses incurred 730 14 UNITED FIREMENS INSURANCE COMPANY OF PHILADELPHIA PA William TT dark President Henry F Alley Secretary Robert N Hughs Attorney for Service 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 1800732 90 4 Extended at 1800732 90 IIIncome 5 Gross premiums per Item 2 VT page 6 610249 90 6 Deduct reinsurance premiums fire 106 97987 return premiums fire 13402289 241002 76 7 Total premiums other than perpetual 369247 14430 ComptrollerGenerals Report 8 Deposit premiums written on perpetual risks gross 9 Gross interest on mortgage loans per Schedule B 8501 42 10 Gross interest on collateral loans per Schedule C 93 51 11 Gross interest on bonds and dividends on stocks less 77053 accrued interest on bonds acquired during 1914 per Sched ule D 67702 10 12 Gross interest on deposits in trust com panies and banks per Schedule N 731 28 16 Gross rents from companys property 5791 84 1 7 Total gross interest and rents I 18 From other sources Transfers on perpetual policies Gain on perpetual policies cancelled Rights of 100 shares Southern Pacific sold 26 Gross profit on sale or maturity of ledger assets viz Bonds and stocks per Schedule D 28 Total income 3 9212 79 82820 15 861 00 2677 96 50 00 4595 35 469464 39 IIIDisbursements 1 Gross amount paid policyholders for losses including 2947344 occurring in pre vious years 286272 79 2 Deduct amount received for salvage fire 203189 reinsurance fire 5735351 3 Net amount paid policyholders for losses 226887 39 4 Expenses of adjustment and settlement of losses 6471 66 5 Commissions or brokerage 104923 67 7 Salaries 415633 and expenses 398770 of special and general agents 8144 03 8 Salaries fees and all other charges of officers directors trustees and home office employees 26642 11 9 Rents 4000 00 10 Advertising 86299 printing and stationery 304993 3912 92 11 Postage telegrams telephone and express 2423 80 12 Legal expenses 540 00 13 Furniture and fixtures 121 28 14 Maps including corrections 672 79 15 Underwriters boards and tariff associations 7242 59 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 2282 82 17 Inspections and surveys 118 50CoMPTROLLERGrENERALs REPORT 431 18 Repairs and expenses other than taxes on real estate 4111 42 19 Taxes on real estate 46c 34 20 State taxes on premiums 4 3gg 30 21 Insurance department licenses and fees 4 023 85 2 All other licenses fses and taxes Capital tax t 1 932 72 War tax 102 46 23 Other disbursements Traveling 835 91 Paid reinsurance on perpetual policies 1 407 53 General expenses j 49 jg 33 Deposit premiums returned 27 876 26 34 Paid stockholders for interest or dividends amount de clared during the year 3200000 32000 00 38 Agents balances charged off 22 88 39 Gross loss on sale or maturity of ledger assets vizz Bonds and stocks per Schedule D j 957 10 41 Total disbursements 45 573 52 TVLedger Assets 1 Book value of real estate 97 741 so 2 Mortgage loans on real estate and ground rents per Schedule B first liens 155850 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 1000 00 4 Book value of bonds 127005000 and stocks 7589100 per Schedule D 1345941 00 5 Cash in companys office 5 131 74 7 Deposits in trust companies and banks on interest per Schedule N 125167 37 8 Agents balances representing business written subsequent to Oct 1 1914 63472 54 9 Agents balances representing business written prioT to Oct 1 1914 214 33 16 Total ledger assets as per balance Item 42 1794518 78 NonLedger Assets 17 Interest due 15850 and accrued 2 03151 on mortgages and ground rents per Schedule B 2 190 01 18 Interest accrued on bonds per Schedule D part 1 20002 37432 ComptrollerGenerals Report 19 Interest accrued on collateral loans per Schedule C part 1 15 33 24 Total 22207 71 30 Gross assets 1816726 49 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 214 33 38 Book value of ledger assets over market value viz Stocks and bonds 75075 00 Keal estate 14841 80 41 Total admitted assets 1726595 36 VLiabilities 1 Gross losses adjusted and unpaid due4 2 Gross claims for losses in process of ad justment or in suspense plus 339214 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 7325 88 42113 87 5423 00 54862 75 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 67086529 unearned prem iums per recapitulation page 6 col 6 349225 71 10 Total unearned premiums as computed above 11 Amount reclaimable by the insured on perpetual fire insurance policies being 90 and 95 per cent of the prem ium 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 43474 74 26 Total amount of all lial ilities except capital 349225 71 799514 60 183 53 6000 00 1198398 58CompteolleeGteneeals Eepoet 433 27 Capital actually paid up in cash 400000 00 28 Surplus over all liabilities 128l96 78 29 Surplus as regards polieykolders 528 196 78 30 Total liabilities 1726595 36 VIBisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31 day of Dec as per line 6 under this heading in last year s statement 71967556 767237 46 2 ritten or renewed during the year per income No 5 531971 610249 90 A ixeess o original premiums over mount received for reinsurance 64 69 4jJfa 125487127 1377752 05 5 Deduct those expired and marked off as teinated 46768175 559706 76 6 In force at the end of the year 78718952 818 045 29 7 Deduct amount reinsured schedule re quired 11887694 147180 00 8 Net amount in force 66831258 670865 29 9 Perpetual risks not included above 39 033916 00 Deposit premiums on same s861 50 1 3 Business in the State of Georgia During 1914 27 Gross risks written 2 g Less 34289400 risks cancelled and 17629800 reinsur ance in companies authorized in Georgia 519 192 00 Net risks written 556216 ofl 28 Gross premiums on risks written 17 579 02 Less 483867 return premiums and 312967 premiums for reinsurance in companies authorized in Georgia 7968 34 Ne premiums received 9 60 g8 29 Losses paid deducting salvage 9 054 42 Less losses on risks reinsured in companies authorized in 0eOria 253 92 Xet losses paid g434 ComptrollebGenebals Report 30 Losses incurred Less losses on risks reinsured in companies authorized in Georgia Net losses incurred 8845 21 328 08 8517 13 UNITED STATES FIRE INSURANCE COMPANY OF NEW YORK N Y Charles A Norris President Otto B Candidus Secretary Aaron Hass Son Howell Attorneys for Service 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 1274534 58 4 Extended at 1274534 58 IIIncome 5 Gross premiums per item 2 VI page 6 1434144 14 6 Deduct reinsurance premiums fire 410 70781 return premiums fire 310 78519 721494 00 7 Total premiums other than perpetual 9 Gross interest on mortgage loans per Schedule R 2410 10 Gross interest on collateral loans per Schedule C 514 17 11 Grossinterest on bonds and dividends on stocks 45240 93 12 Gross interest on deposits in trust com panies and banks per Schedule N 1213 39 17 28 Total gross interest and rents Total income IIIDisbursements n 2650 14 49378 49 r6202S 63 1 Gross amount paid polieyholders for losses including 9625259 occurring in pre vious years 651442 68ComptbollebGeneeals Eepoet 435 2 Deduct amount received for salvage fire 1029025 reinsurance fire 25548180 265772 05 3 Net amount paid policyholders for losses 385 670 63 i Expenses of adjustment and settlement of losses Tll S o Commissions or brokerage 249167 S 8 Salaries fees and all other charges of officers directors trustees and home office employees a on 9 Rents Jou u 10 Advertising 2700 00 11 Postage telegrams telephone and express T JJJ It 12 Legal expenses b0 3 15 Underwriters boards and tariff associations 6ofI 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 4 819 03 17 Inspections and surveys 2127 2S 20 State taxes on premiums lAVr HO 21 Insurance department licenses and fees 372 9 22 All other licenses fees and taxes Federal corporation tax city licenses and taxes 3 99 94 23 Other disbursements 34 Paid stockholders for interest or dividendsamountsde dared during the year 2800000 28 000 00 39 Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 884 oO 41 Total disbursements 4 ro o49il o0 IVLedger Assets 2 Mortgage loans on real estate per Sched uJeB first liens 51000 0Q A Loans secured by pledge of bonds stocks or other collateral per Schedule C 10 000 00 4 Book value of bonds 1003547 71 o Cash in companys office 82 36 6 Deposits in trust companies and banks not on interest per Schedule N 0 0O 7 Deposits in trust companies and banks on interest per Schedule N 130 768 30 8 Agents balances representing business written subsequent to Oct 1 1914 106 223 28 16 Total ledger assets as per balance Item 42 1300631 65436 ComptbollebGeneeals Kepoet NonLedger Assets 17 Interest due on mortgages per Schedule B 18 Interest accrued on bonds per Schedule D part 1 777 92 4157 88 24 Total 4935 8 30 Gross assets 1Z06567 i5 Deduct Assets Not Admitted 38 Book value of ledger assets over market value 62885 71 Market value special deposit etc 12685 13 75570 81 41 Total a dmitted assets 1230996 61 VLiabilities 1 Gross losses adjusted and unpaid 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 receiv ed on that date 3 Gross claims for losses resisted 15404 04 98404 68 2700 00 4 Total 5 Deduct reinsurance due or accrued 116508 72 39657 85 6 Net amount of unpaid losses and claims 76850 87 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks r38271 08 10 Total unearned premiums as computed above 538271 08 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 0700 00 26 Total amount of all liabilities except capital 625821 95ComptrollerGenerals Report 437 27 Capital actually paid up in cash 28 Surplus over all liabilities 400000 00 205174 66 29 Surplus as regards policyholders 605 174 66 30 Total liabilities 3 1230996 61 Business in the State of Georgia During 1914 27 Gross risks written t 956 678 00 Less 64047900 risks cancelled and 4172400 reinsur ance in companies authorized in Georgia 682 203 00 Net risks written 574 475 00 16667 62 6357 38 28 Gross premiums on risks written Less 53676 return premiums and 99562 premiums for reinsurance in companies authorized in Georgia Net premiums received 10 310 94 5647 81 262 29 Net losses paid 29 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 30 Losses incurred 4 Less losses on risks reinsured in companies authorized in Georgia Net losses incurred 5385 52 7654 79 765 92 6888 87 WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK CITY Home Office 100 William St New York N Y George R Crawford President Otto E Scliaefer Secretary Edgar Dunlap Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00438 ComptrollerGenerals Report 2 Amount of ledger assets as per balance Dec 31 of previous years 5611783 13 3 Increase of paid up capital during the year 200000 00 4 Extended at 3 5811783 13 IIIncome 5 Gross premiums per Item 2 VI page 6 5621229 40 6 Deduct reinsurance premiums fire 1243 45892 return premiums fire 1005 13300 2248591 92 7 Total premiums other than perpetual 3372637 48 9 Gross interest on mortgage loans per Schedule B 7425 05 11 Gross interest on bonds and dividends on stocks 249560 94 8 Gross interest on deposits in trust com panies and banks per Schedule N 5951 49 16 Gross rents from companys property 108 00 17 Total gross interest and rents 263045 48 18 From other sources Sale of rights on stocks 3745 00 Federal income tax withheld from salaries paid 384 02 Premiums received on increase in capital 600000 00 602129 02 25 From agents balances previously charged off 539 S5 26 Gross profit on sale or maturity of ledger assets viz Stoeks per Schedule D 2352 24 28 Total income 4240704 07 IIIDisbursements 1 Gross amount paid policyholders for losses 2932084 01 2 Deduct amount received for salvage fire 193S576 reinsurance fire 78276337 802149 13 3 Net amount paid policyholders for losses 2129934 88 4 Expenses of adjustment and settlement of losses 40731 63 5 Commissions or brokerage 645S3S 75 7 Salaries 15315127 and expenses 10145388 of special and general agents 254605 159 10 11 12 13 14 15 16 17 19 20 21 99 23 34 38 30 40 41 CoMPTBOLLEBGrENERAL s BepORT Salaries fees and all other charges of officers directors trustees and home office employees Bents Advertising 1103365 printing and stationery 3272970 Postage telegrams telephone and express Legal expenses Furniture and fixtures Maps including corrections Underwriters boards and tariff associations Fire department fire patrol and salvage corps assess ments fees taxes and expenses Inspections and surveys Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Municipal taxes and licenses Other disbursements Uncollectable reinsurance on losses and adjustments Collection and exchange Paid stockholders for interest or dividends amount de clared during the year Agents balances charged off Gross losses on sale or maturity of ledger assets viz Bonds per Schedule D Gross decrease by adjustment in book value of ledger assets viz Stocks per Schedule D 439 122109 28 28747 25 43763 35 25784 20 1602 14 7330 94 14167 22 45676 93 12712 38 23971 22 144 86 83173 88 17645 17 2367 64 13290 54 43 77 3206 29 160000 00 4452 30 1661 25 1745 00 Total disbursements t 3 684706 02 TVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate per Schedule B 4 Book value of bonds 155755825 and stocks 384994753 per Schedule D 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to Oct 1 1914 9 Agents balances representing business written prior to Oct 1 1914 5876 00 122210 00 5407505 78 1273 2 3S4148 83 419078 46 16228 88 16 Total ledger assets as per balance Ttem 42 6 367 781 18440 ComptrollerGenerals Eeport NonLedger Assets 17 Interest due 48600 and accrued 591S9 on mortgages per Schedule B 1077 89 18 Interest accrued on bonds per Schedule D part 1 19328 34 20 Interest on other assets Syracuse Bing hampton and New York R R Co divi dend checks returned on account of suit 12500 00 24 Total 32906 23 30 Gross assets 6400687 41 Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 16228 88 38 Book value of ledger assets over market value viz Stocks and bonds 434347 45 Real estate 1376 00 451952 33 41 Total admitted assets 5948735 08 VLiabilities 1 Gross losses adjusted and unpaid not yet due 123071 71 2 Gross claims for losses in process of ad justment or in suspense plus 8003363 reserve for losses incurred prior to Dec 31 of which no notice had been receiv ed on that date 520798 13 3 Gross claims for losses resisted 27557 75 4 Total 671427 59 5 Deduct reinsurance due or accrued 221924 34 6 Net amount of unpaid losses and claims 449503 25 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 646157743 unearned prem iums per recapitulation page 6 col 6 3327393 08 10 Total unearned premiums as computed above 3327393 OSComptrollerGenerals Eeport 441 18 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 75 000 00 19 Contingent commissions or other charges due or accrued 15000 00 23 All other liabilities 384 02 26 Total amount of all liabilities except capital 3867280 35 27 Capital actually paid up in cash 500000 00 28 Surplus over all liabilities 1581454 73 29 Surplus as regards policyholders 2081454 73 30 Total liabilities 5948735 08 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 786896161 7750519 47 2 Written or renewed during the year per income No 5 525079278 5621229 40 4 Total 1311975439 13371748 87 5 Deduct those expired and marked off as terminated 481386886 5279594 48 G In force at the end of the year 880588553 8092154 39 7 Deduct amount reinsured schedule re quired 163840902 1630576 96 8 Net amount in force 666747651 6461577 43 Business in the State of Georgia During 1914 27 Gross risks written 4683686 00 Less 93792100 risks cancelled and 100836800 reinsur ance in companies authorized in Georgia 1946289 00 Net risks written 2737397 00 54622 46 28 Gross premiums on risks written Less 730549 return premiums and 1224566 premiums for reinsurance in companies authorized in Georgia 19551 15 Net premiums received 35071 31442 ComptrollebGenebals Eepobt 29 Losses paid deducting salvage 41152 84 Less losses on risks reinsured in companies authorized in Georgia 11505 33 Net losses paid 29647 51 30 Losses incurred 37483 65 Less losses on risks reinsured in companies authorized in Georgia 9512 90 Net losses incurred 27970 75 WESTERN ASSURANCE COMPANY OF TORONTO CANADA Vice President and General Manager W B Meikle C H Godfrey Atlanta Attorney for Service IDeposit Capital 1 In the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows Albany N Y 212000 00 5 Amount of ledger assets as per balance December 31 of previous year 2645313 31 IIIncome Fire Marine and Inland 6 Gross premiums per Item 2 VI 2322350 24 45980104 7 Deduct reinsurance prem iums fire 59572936 marine and inland 127 02227 return premiums 49481852 marine and inland 2172162 1090547 88 148743 89 8 Total premiums other than perpetual 1231802 36 311057 15 1542859 51 12 Gross interest on bonds and dividends on stocks less 36674 accrued interest on bonds acquired during 1914 per Sched ule D 90742 55CoMPTROLLEBGrENERALs EePORT 443 13 Gross interest on deposits in trust com panies and banks per Schedule N 6359 02 14 Gross interest from other sources Unlisted assets 299 50 18 Total gross interest and rents 97 301 07 19 Received from home office 152 774 43 28 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 180 Q0 30 Total income 1793115 01 IIIDisbursements 1 Gross amount paid policy holders for losses in eluding 11877973 oc curring in previous years 1308694 06 2 Deduct amount received for Salvage fire 8 76038 marine and in land 4172819 reinsur ance fire 43693383 marine and inland 117 62024 discount fire 3009 445985 12 Fire Marine and Inland 359141 33 159348 43 9 10 11 12 13 14 15 16 17 20 Net amount paid policy holders for losses 862708 94 199792 90 Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 2162764 and expenses 4062129 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 668560 printing and stationery 17443 16 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 1062501 84 16198 86 341336 63 62248 93 70057 23 5334 77 24128 76 9991 57 1098 58 22 24 2317 71 18725 75 2970 29 4242 96 25268 41 444 ComptkollebGenebal s Repobt 21 Insurance department licenses and fees 22 All other licenses fees and taxes Federal corporation tax Federal revenue tax Municipal 23 Other disbursements Exchange 34 Remitted to home office 39 Total disbursements 8926 81 3 99 276 93 10938 63 1510 09 124944 85 1793045 83 IVLedger Assets 4 Book value of bonds 160152175 and stocks 37130860 per Schedule D 1972830 35 7 Deposits in trust companies and banks on interest per Schedule N 378684 99 8 Agents balances representing business written subsequent to Oct 1 1914 261499 72 9 Agents balances representing business written prior to Oct 1 1914 29265 19 10 Bills receivable taken for marine and in land risks 366 25 11 Bills receivable taken for fire risks 735 99 12 Other ledger assets viz Supplies 2000 00 16 Total ledger assets as per balance Item 40 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 i 21191 96 30 Gross assets 2666574 45 Deduct Assets not Admitted 31 Cash 239996 91 32 Supplies printed matter and stationery 2000 00 34 Agents balances representing business written prior to Oct 1 1914 29265 19 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 26018 47 39 Book value of ledger assets over market value viz Bonds and stocks 65317 44 362598 01 42 Total 2303976 44ComptrollerGenerals Report 445 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 5301208 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 251741 39 6224 00 4 Total 257965 39 5 Deduct reinsurance due or accrued as per Schedule E 66635 78 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 233347299 unearned prem iums per recapitulation page 6 col 6 1167057 03 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 9441819 unearned premiums fifty per cent 47209 09 Ocean cargo 100 per cent 24508 62 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 2239040 unearned premiums 10O per cent time hulls 50 per cent 11195 20 191329 61 10 Total unearned premiums as computed above 1249969 94 15 Salaries rents expenses bills accounts fees etc due or accrued 1200 00 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 23142 89 17 Contingent commissions or other charges due or accrued 1983 16 23 Total amount of all liabilities except deposit capital 1467625 60 24 Deposit capital 212000 00 25 Surplus over all liabilities 624350 84 26 Surplus as regards policyholders 836350 84 27 Total liabilities 2303976 44446 CompteolleeGenebal s Eepoet Business in the State of Georgia During 1914 1 Gross risks written 3882783 00 Less 90246700 risks cancelled and 57557800 reinsur ance in companies authorized in Georgia 1460455 00 Net risks written 2422328 00 2 Gross premiums on risks written 53414 11 Less 1019989 return premiums and 687950 premiums for reinsurance in companies authorized in Georgia 16880 02 Net premiums received 36534 09 3 Losses paid deducting salvage 16946 12 Less losses on risks reinsured in companies authorized in Georgia 3630 34 Net losses paid 13315 78 4 Losses incurred 19961 08 Less losses on risks reinsured in companies authorized in Georgia 3230 34 Net losses incurred 16730 74 WILLIAMSBURG CITY FIRE INSURANCE COMPANY OF NEW YORK CITY Geo B Branson President David J Burtis Secretary W B Hoyt 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 years 5020935 79 4 Extended at 5020935 79 IIIncome 5 Gross premiums per Item 2 VI page 6 4329858 84 6 Deduct reinsurance premiums fire 914 86463 return premiums fire 74816994 1663034 57 7 Total premiums other than perpetual 2666824 27ComptrollerGenerals Beport 447 9 Gross interest on mortgage loans per Schedule B 26213 05 10 Gross interest on collateral loans per Schedule C 375 00 11 Gross interest on bonds and dividends en stocks less 316968 accrued interest on bonds acquired during 1914 per Sched ule D 173249 28 12 Gross interest on deposits in trust com panies and banks per Schedule N 3308 42 13 Gross interest from other sources Great Northern subscription 3506 interest on prem notes 6898 Wash ington Water Power Co subscrip tion 10000 Union Pacific distribution 2273 subscription D L Western R R 6503 Mackay Co sold 1913 50000 1404 80 16 Gross rents from companys property in cluding 15000 for companys occu pancy of its own buildings 5362 43 17 Total gross interest and rents 209 912 98 18 From other sources Sale of maps 413 50 26 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 10 095 02 Stocks per Schedule D 12 510 56 28 Total income 2899756 33 IIIDisbursements 1 Gross amount paid policyholders for losses including 27856620 occurring in pre vious years 2269471 38 2 Deduct amount received for salvage fire 167949 reinsurance fire 59522304 discount fire 156036 3 Net amount paid policyholders for losses 1655896 49 4 Expenses of adjustment and settlement of losses 43230 61 5 Commissions or brokerage 036 991 61 8 Salaries fees and all other charges of officers directors trustees and home office employees 46 951 18 9 Rents including 15000 for companys occupancy of its own buildings 15482 98 10 Advertising 345273 printing and stationery 1680924 20261 97 11 Postage telegrams telephone and express 15921 16448 ComptbolleeGenehals Report 12 Legal expenses 13 Furniture and fixtures 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 18 Eepairs and expenses other than taxes on realestate 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 U S internal revenue tax City and county taxes 23 Other disbursements Prem on surety bonds Water ice and towels Collection fees on premium note Subscription to publication 34 Paid stockholders for interest or dividends amount de clared during the year 12000000 38 Agents balances charged off Mortgage chg off at no value 39 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 41 Total disbursements 2050 23 24 25 32672 64 5932 31 122 05 1304 43 1215 19 46206 86 12554 88 1862 59 1925 90 8365 42 317 50 171 45 1 50 71 00 120000 00 734 80 35 S 86 1946 52 54715 14 3127289 52 IVLedger Assets 1 Book value of real estate 107931 82 2 Mortgage loans on real estate per Schedule B first liens 546150 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 5000 00 4 Book value of bonds 136722473 and stocks 204416124 per Schedule D 3411385 97 5 Cash in companys office 594 00 7 Deposits in trust companies and banks on interest per Schedule N 372358 37 8 Agents balances representing business written subsequent to October 1 1914 320649 44 11 Bills receivable taken for fire risks 29333 00 16 Total ledger assets as per balance Ttem 42 4793402 60ComptrollerGenerals Eeport NonLedger Assets 17 Interest due 12048 and accrued 613860 on mortgages per Schedule B 6268 08 18 Interest accrued on bonds per Schedule D Part 1 18045 09 449 24313 17 24 Total 30 Gross assets 4 gi 7 75 77 Deduct Assets Not Admitted 38 Book value of ledger assets over market value 95316 22 Market value special deposit in excess of iab 2465 61 41 Total admitted assets 4 719 933 94 VLiabilities 1 Gross losses adjusted and unpaid not yet due 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 receiv ed on that date 282700 07 3 Gross claim for losses resisted 36152 00 4 Ttal 343852 07 6 Net amount of unpaid losses and claims 284 258 00 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 520625685 unearned prem iums per recapitulation page 6 col 6 2579461 68 10 Total unearned premiums as computed above 2579461 68 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 35000 00 26 Total amount of all liabilities except capital 2900719 6g450 ComptrollerGenerals Report 27 Capital actually paid up in cash 28 Surplus over all liabilities 1000000 00 819214 26 29 Surplus as regards policyholders 30 Total liabilities VIRisks and Premiums 1819214 26 4719933 94 1 In force December 31 1913 594582920 A 2 Written or renewed in 1914 440349861 3 Excess of original premiums over amount received for reinsurance 364401 68 4 Totalg 1034932781 10837355 49 5 Deduct expirations and cancellations 413090987 4415o4 32 6 In force December 31 1914621841794 6421808 17 7 Deduct amount reinsured 120217428 1215551 32 8 Net amount in force 50 624366 Business in the State of Georgia During 1914 5206256 85 u 2677608 00 27 Gross risks written p Less 101570000 risks cancelled and 55720800 reinsur ance in companies authorized in Georgia 458492 0 U 2219116 00 Net risks written r 40076 75 16043 06 28 Gross premiums on risks written Less 816218 return premiums and 788088 premiums for reinsurance in companies authorized in Georgia Net premiums received 39 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 24033 69 29117 10 765 98 Net losses paid 30 Losses incurred Less losses on risks reinsured in companies authorized m Georgia 28851 12 28679 10 1343 98 Net losses incurred 27335 12ComptrollerGenerals Report 451 YORKSHIRE INSURANCE COMPANY LTD OF NEW YORK CITY United States Managers Prank DuBois Hinton J Hopkins Attorney for Service IDeposit Capital 1 Tn the custody of State officials for the benefit of all policyholders of the com pany in the United States as follows New York 200000 00 0hio 100000 00 5 Amount of ledger assets as per balance December 31 of previous year 913764 44 IIIncome 6 Gross premiums per Item 2 VI 1051417 84 7 Deduct reinsurance premiums fire 279 62611 return premiums 23088945 510515 56 8 Total premiums other than perpetual 540 902 28 12 Gross interest on bonds and dividends on stocks less 99653 accrued interest on bonds acquired during 1914 per Shed ule D 27498 75 13 Gross interest on deposits in trust com panies and banks per Schedule N 1075 12 14 Gross interest from other sources Cleveland Ohio 7662 Seattle Wash 2850 old balance 05 12 Philadelphia Unds Assn 3 15 18 Total gross interest and rents 28 682 14 30 Total income 569584 42 IIIDisbursements 1 Gross amount paid policyholders for losses including 3169238 occurring in pre vious years 435691 05 2 Deduct amount received for salvage fire 354265 reinsurance fire 15144378 discount fire 14164 15o 128 07 3 Net amount paid policyholders for losses 280 562 98452 ComptrollerGenerals Keport 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 7 Saiaries 741199 and expenses 555219 of special and general agents 8 Salaries fees and all other charges of offers Erectors trustees and home office employees gQ 9 Rents A1Q1o 7 Q36 74 10 Advertising 261761 printing and stationery 031913 795 11 Postage telegrams telephone and express g 12 Legal expenses lfim 59 13 Furniture and fixtures 2 601 08 14 Maps including corrections 5 15 Underwriters boards and tariff associations I Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 9608 22 20 State taxes on premiums 3fiQ8 2 81 Insurance department licenses and fees 22 All other licenses fees and taxes War revenue stamp tax City and county licenses and fees Vj Local taxes and fees 3654 30 23 Other disbursements Q33 20 Subscriptions 431 33 Bank collections fi Premiums on fidelity bonds and insurance on furniture 555 69 Night work 717 g0 Auditing Miscellaneous acct office supplies stationery ice water electrical work etc 3 24 65 34 Remitted to home office 535449 30 39 Total disbursements IVLedger Assets 4 Book value of bonds 431 5 Cash in companys office San Francisco Gal 6 Deposit in trust companies and banks not on interest per Schedule N J60 w 7 Deposits in trust companies and banks on interest per Schedule N a688b ly 8 Agents balances representing business written subsequent to Oct 1 1914 H4J0o 4ComptrollerGenerals Eeport 453 9 Agents balances representing business written prior to Oct 1 1914 41 00 16 Total ledger assets as per balance Item 40 947899 56 NonLedger Assets 18 Interest accrued on bonds per Schedule D part 1 10277 08 24 Total 30 Gross Assets Deduct Assets Not Admitted 10476 60 41 00 5410 00 10277 08 958176 64 81 Cash 34 Agents balances representing business written prior to Oct 1 1914 39 Book value of ledger assets over market value 42 Total admitted assets 942 249 04 VLiabilities 1 Gross losses adjusted and unpaid not yet due 2 Gross claims for losses in process of ad justment or in suspense plus 821369 reserve for losses incurred prior to Dee 31 of which no notice had been receiv ed on that date 3 Gross claims for losses resisted 10209 16 64682 11 6450 00 4 Total 81341 27 5 Deduct reinsurance due or accrued as per 22209 97 Schedule E 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired fire risks 79872365 unearned prem iums per recapitulation page 6 col 6 445380 36 59131 30 10 Total unearned premiums as computed above 15 Salaries rents expenses bills accounts fees etc due or accrued 445380 36 500 00454 CompteollerGeneeals Bepobt 16 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 23 Total amount of all liabilities except deposit capital 513511 66 ii 200000 OU 24 Deposit capital 38 25 Surplus over all liabilities 428737 38 26 Surplus as regards policyholders 942249 04 27 Total liabilities YIRisks 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 81687730 829 676 3 2 Written or renewed during the year 99105301 l0ol4184 4 Total 180843031 1881094 57 5 Deduct those expired and marked off as terminated 6 In force at the end of the year 107613480 1120478 80 7 Deduct amount reinsured schedule re quired js 77 168650 798723 65 8 Net amounut m force m uLIFE INSURANCE COMPANIES ffiTNA LIFE INSURANCE COMPANY OF HARTFORD CONN Home Office 650 Main St Hartford Conn Morgan G Bulieley President Charles E Gilbert Secretary W E Hawkins Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 4000000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 100726819 80 4 Extended at 100726819 80 IIIncome 5 First year s premiums on original policies without deduction for commissions or other expenses less 479313 for first years reinsurance 1413507 76 6 Surrender values applied to pay first years premiums 47 425 90 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 10 Consideration for original annuities in volving life contingencies 11 Consideration for supplementary contracts involving life contingencies 1460933 66 14373 15 356213 09 02614 78 12333 00 12 Total new premiums 1906467 68 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 14 68544 for reinsurance on renewals 9700822 78 14 Dividends applied to pay renewal prem iums 701234 03456 CompteolleeGenebals Repobt 16 Surrender values applied to pay renewal premiums 17 Renewal premiums for deferred annuities 960 62 3771 69 8 Total renewal premiums 19 Extra premiums for total and permanent disability bene fits 10406789 12 60417 00 12373673 80 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 pet d 28l98 69 Schedule B 25 Gross interest on collateral loans per n 00066 Schedule C 26 Gross interest on bonds and dividends on stocks less 833346 accrued interest on bonds acquired during 1014 per Sched tv 1440424 14 ule D 27 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 32 Gross discount on claims paid in advance 33 Gross rent from companys property in cluding 3960000 foT companys occu pancy of its own buildings per Sched A 84303 00 184563 75 713378 33 68702 85 1994 24 49729 70 5 09 750 22 34 Total gross interest and rents 35 From other sources Investment expense account 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A JJ 7 Bonds per Schedule T Stocks per Schedule D 30533 50 41150 83 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D Stocks per Schedule D 20434 67 261659 73 44 Total income 282094 40 18206253 98ComptrollerGenerals Report 457 IIIDisbursements 1 For death claims less 7518400 reinsur ance 488442512 additions 41569 4884840 81 2 For matured endowments 2 678 874 00 3 For total and permanent disability claims 11954 48 4 Net amounts paid for losses and matured endowments 7575669 29 5 For annuities involving life contingencies 49756 76 6 Premium notes and liens voided by lapse 2221 16 7 Surrender values paid in cash or applied in liquidation of loans or notes 2 531 871 49 8 Surrender values applied to pay new premiums see In come No 6 4742590 to pay renewal premiums see Income No 16 96062 48 S8e 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 356 213 09 10 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes rQS fi0 ta t 098842 4 11 Dividends applied to pay renewal premiums see Income 701234 03 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 373 15 14 Dividends left with the company to accumulate at interest see Income No 22 0 184o3 7o 15 Total paid policyholders 12 063 131 98 16 Expenses of investigation and settlement of policv claims including 672727 for legal expenses 6957 57 3 7 Paid for claims on supplementary contracts not involving life contingencies 52840 04 18 Dividends and interest thereon held on deposit surren dered during the year 130 322 88 19 Paid stockholders for interest or dividends 400 000 00 20 Commissions to agents less commission on reinsurance First years premiums 56757044 renewal premiums 55755632 annuities original 352077 renewal pi 144f 1128792 13 Zl l ommuted renewal commissions p 933 7 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 84 071 10 24 Branch office expenses including salaries of managers and clerks not included in Item 22 184 885 46 25 Medical examiners fees 8780483 inspection of risks M Qf800275 105807 58 2b Salaries and all other compensation of officers directors trustees and home office employees 420 427 29 27 Bents including 2600000 for companys occupancy of its own buildings 100 534 g0458 ComptbolleeGeneeals Kepoet 28 Advertising 1515419 printing and stationery 74 52338 postage telegraph telephone and express 74703 exchange 202882 i 889 OB 29 Legal expense not included in item 16 gQ 30 Furniture fixtures and safes ons52 75 31 Repairs and expenses other than taxes on real estate 30JM o 32 Taxes on real estate 152081 24 33 State taxes on premiums Q1 40 34 Insurance department licenses and fees 35 All other licenses fees and taxes Federal corporation tax Publication fees 115463 tax on capital stock 8010799 valuing policies 3 61934 Tax on reserves 907506 local license or property tax 20087062 20994o 328071 72 39 Other disbursements Investment expense account w Sundries 29044 incidental 153837 Membership in association of life insurance presidents Home office travel 462908 revenue stamps 6088 4b89 Profit and loss 25444 books papers and subsc 73585 Expense on real estate during foreclosure 3o9 3 79367 89 2 443 41 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger J J Bonds per Schedule D Stocks per Schedule D IT 178 73 48 Gross decrease by adjustment in book value ofledger assets viz Real estate per Schedule A 256065 96 Bonds per Schedule D 0 Stocks per Schedule D J 15941804 18 49 Total disbursements IVLedger Assets 1 Book value of real estate 1 04524 2 Mortgage loans on real estate per Sched ule B first liens 54678105 4 ComptrollerGenerals Report 459 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 1038189 35 4 Loans made to policyholders on this com panys policies assigned as collateral 11438438 28 5 Premium notes on policies in force of which 247226 is for first years prem iums 99073 72 6 Book value of bonds 2714851960 and stocks 439405345 per Schedule D 31542573 05 7 Cash in companys office 9 147 24 8 Deposits in trust companies and banks not on interest per Schedule E 791 351 67 9 Deposits in trust companies and banks on interest per Schedule E 2 268 247 35 10 Bills receivable 84503 agents balances debit 4185964 credit 1108587 net 30773 77 slfils s 12 Total ledger assets as per balance Item 50102991269 60 NonLedger Assets 13 Interest due 1364818 and accrued 1 6240273 on mortgages per Sehed B 1637730 91 14 Interest due 509863 and accrued 393 37542 on bonds per Schedule D part 1 398474 05 15 Interest accrued on collateral loans per Schedule C part 1 21 085 37 16 Interest due on premium notes policy loans or liens 154326 45 17 Interest accrued on other assets Bank de on Psits 1450 67 20 Rents accrued on companys property or lease 250 00 21 Total interest and rents due and accrued o 213 317 45 23 Amortized value not including interest in Item 14 of bonds and market value as of Dec 31 1914 of stocks over book value per Schedule D 2897513 81 New Business Renewals 25 Gross premiums due and nnreported on policies in force Dec 31 1914 less reinsurance premiums 30143 12 893825 51 460 ComptkollebGenerals Report 26 Gross deferred premiums on policies in force Dee 31 1914 less reinsur n 71 179 66 484851 89 ance premiums jiis ou 101 322 78 1378677 40 27Total U467 28 227016 82 28 Deduct loading i10 29 Net amount of uneollected 238516 08 and deferred premiums 868o5 50 l15Jbm j 109340616 94 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 41859 40 Loans on personal security bills receiv able 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 42768 35 109297848 59 44 Admitted assets life business inoiss87 84 Admitted assets accident health and liability business 101888 119516736 43 46 Total admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 9 American experience table at 3 per cent on entire n6nparticipating class and on participating class issued prior to 1901 55521310 00 3 American experience table at 3 per cent on participating class issued in 1901 and subsequently Same for reversionary additions 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz McClintocks annuitants 3 per cent on business issued prior to 1910 McQinComptrollerGenerals Report 461 toeks annuitants 3 per cent and Amer ican experience 3 per cent on business issued in 1910 and subsequently 493531 00 Also supplementary contracts involving life contingencies 135736 00 Total 90886373 00 6 Deduct net value of risks of this company reinsured in other solvent companies 35807 00 7 Extra reserve for total and permanent dii ability benefits 90850566 00 214888 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 12 Claims for death losses in process of ad justment or adjusted and not due 102 401 00 13 Claims for death losses reported for which no proofs have been received 14 Reserve for net death losses incurred but unreported 15 Claims for matured endowments due and unpaid 16 Claims for death losses and other policy claims resisted by the company 17 Claims for total and permanent disability benefits 18 Due and unpaid on annuity claims involv ing life contingencies 91065454 00 530894 00 9824 61 112454 00 97000 00 65356 00 98950 00 4016 00 14 77 19 Total policy claims 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 rents paid in advance 24 Commissions due to agents on premium notes when paid 55371 other contingent commissions 229150 25 Commissions to agents due or accrued 480191 77 25 00 987149 09 38753 68 380820 99 2845 21 7926 19462 26 27 28 29 33 34 ComptrollerGenerals Keport uncollected and deferred prem tost of collection on iums in excess of the loading thereon Salaries rents office expenses bills and accounts due or Medical examiners fees 1216780 and legal fees 11630due or accrued ollll Estimated amount hereafter payable for Federal State and other taxes based upon the business of the ear of this statement j Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums V j j Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1915 whether contingent upon the payment of renewal premiums or age otherwise 5 Dividends declared on or apportioned to deferreddivi dend policies payable to policyholders during 191o Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment deferred dividend policies not included m item 35 36 37 upon ResvcVpecialor spins funds not included above Reserve under renewable and substandard contracts 21908 29 265010 89 12284 10 476099 25 114258 06 395378 39 870458 66 770213 00 43 Total liabilities life business 2 Total liabilities accident health and liab i ity 46 Capital stock 47 Unassigned funds surplus 48 Total surplus as regards policyholders Total liabilities life health and other business 97146614 18 6869292 88 15500829 37 119516736 43 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Pec 31 of previous year 18 Policies on the lives of citizens of said State issued during the year No Amount 4343 8574645 30 1 040 1963345 79 5383 10537991 09 19 Total i 1Q7 129 10 20 Deduct ceased to be in force during the year m 11971 21 licies in force Lee 31 1914 4621 93toMM 99MHiHH ComptrollerGenerals Eepoet 22 Losses and claims unpaid Dec 31 of previous year g 23 Losses and claims incurred during year 81 24 Total 87 25 Losses and claims settled during the year in cash 16296197 by compromise 2003 77 26 Losses and claims unpaid Dec 31 1914 10 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 463 14582 00 166773 00 181355 00 162982 00 18373 00 266558 05 AFROAMERICAN LIFE INSURANCE COMPANY OF BIRMINGHAM ALABAMA J F Stallings President j r Burns Secretary Wm A Wright Insurance Comr Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 129100 00 2 Amount of ledger assets as per balance Dee 31 of previous year Decrease in capital during the year 179540 00 3 Increase of capital during the year 65640 00 283267 21 113900 00 4 Extended at 169367 21 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 49 1 71 27 13 Renewal premiums in addition to Ttems 14 16 and 17 without deduction for commissions or other expenses 15430 03 20 Total premium income 24 Gross interest on mortgage loans peir Schedule B 11106 92 64607 30464 ComptbollekGenebals Bepobt 25 Gross interest on collateral loans per Schedule C 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 per schedule E 29 Gross interest on other debts due the com pany Gross interest on stock notes 32 Gross discount on claims paid in advance 688 45 100 00 28 67 353 14 2289 04 4 00 34 Total gross interest and rents 35 From other sources Attorneys fees collected Dividends refunded Surplus from stock sales Payments on stock notes 702 84 22822 97 46139 70 1661 37 44 Total income IIIDisbursements 1 For death claims 6000 00 4 6 16 20 22 23 25 26 27 28 Net amount paid for losses and matured endowments Premium notes and liens voided by lapse Expenses of investigation and settlement of policy claims including 37249 for legal expense Commissions to agents less commission on reinsurance First years premiums 2609747 renewal premiums 80068 Compensation of managers and agents not paid by com mission for service in obtaining new insurance Agency supervision and traveling expenses of super visors except compensation for home office supervis ion Medical examiners fees Salaries and all other compensation of officers directors trustees and home office employees 14570 22 Pent 29 30 Advertising 365 printing and stationery 151910 postage telegraph telephone and express 83892 ex change 285 Legal expense not included in item 16 Furniture fixtures and safes 71326 88 150504 40 6000 00 1517 21 807 08 26898 15 460 00 1418 06 6271 70 13957 49 846 50 2364 52 375 00 6S4 50 OoMPTROLLERGrENERAL s REPORT 465 33 State taxes on premiums 34 Insurance department licenses and fees 938 75 35 All other licenses fees and taxes Federal corporation tax 943 09 Mississippi Delta tax municipal license etc 321 86 39 Other disbursements Investment expense 183 40 Office expense 399 14 Examination expense 2 188 49 Traveling expense Vl 48 Interest on stock notes refunded 18 470 28 Interest on mortgage loans refunded 222 97 Fire insurance g Q Commission on stock sales 30 00 Premium paid on capital repurchased 39372 00 ar a v 63796 76 46 Agents balances charged off 1712 Qg 49 Total disbursements I 700 129o57 14 IVLedger Assets 2 Mortgage loans on real estate per Sched ue B 169587 35 3 Loans secured by pledge of bonds stocks or other collateral per Schedule 0 5686 04 5 Premium notes on policies in force 363 32 6 Book value of stocks per Schedule D 4sno 00 7 Cash in companys office 76 67 8 Deposits in trust companies and banks not on interest per Schedule E 5 749 54 9 Deposits in trust companies and banks on interest per Schedule E 1 000 00 10 Agents balances debit 318682 CTedit 13527 30ol 00 12 Total ledger assets as per balance Item 50 190314 47 NonLedger Assets 13 Interest due 417465 and accrued 5 87969 on mortgages per Schedule R 10054 34466 ComptrollerGenerals Report 15 Interest accrued on collateral loans per Schedule C part 1 17 Interest accrued on other assets Certifi cate of deposit 152 45 75 11 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 26 Gross deferred premiums on policies m force Dec 31 1914 less reinsurance premiums 10281 90 6078 66 2717 88 27 Total 28 Deduct loading 8796 54 3509 08 29 Net amount of uncollected and deferred premiums 30 All other assets Furniture and fixtures less 20 per cent de preciation 2679 42 532 88 Stationery 35 Gross assets Deduct Assets Not Admitted 36 Companys stock loans on 371777 prm 13870 interest 37 Supplies stationery printed matter 1 11548 furniture fixtures and safes 214354 38 Agents debit balances gross 39 Cash advanced to or in the hands of offi cers or agents 3856 47 3259 02 3186 82 76 67 46 Admitted assets YLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 5287 46 2143 54 1115 48 209142 85 10378 98 198763 87ComptroelerGexerae s Report 467 2 American experience table at 3 per cent on modified preliminary term 293 policies insuring 29775000 American experience table at 3 per cent on full preliminary term 830 policies in suring 77225000 Same for reversionary additions 4 Other tables and rates viz American 3i per cent Illinois standard 41 policies insuring 3250000 12897 00 5760 0O 342 00 Total 12 Claims for death losses in process of ad justment or adjusted and not duej 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 3000 00 2500 00 6500 00 19 Total policy claims 22 Premiums paid in advance including surrender values so applied 24 Commissions due to agents on premiums 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 37 Reserve special or surplus funds not included above Payments on stock notes certificates not issued 46 Capital stock 47 Unassigned funds surplus 18999 00 12000 00 133 40 40 95 1735 47 228 00 4207 69 1661 37 129100 00 30657 99 48 Total 198763 87 Business in the State of Georgia During 1914 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 dur ing the year 34500 00 119000 00 19 Total 20 Deduct ceased to be in force during the year 153500 00 78500 00 21 Policies in force D ec 31 1914 75000 00468 ComptrollerGenerals Beport 97 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 5693 09 AMEKICAN CHWTRAI HFB WBJBAH COMPANY OP INDIANAPOLIS INDIANA Carroll B Carr Secretary Herbert M Woollen President Herbert Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2 Amount of ledger assets as per balance Dec 31 of previous year 3859514 07 4 Extended at 3859514 07 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 186092 for first years reinsurance der values applied to pay first 186109 23 6 Sivrren vears premiums 1909 61 nal 7 Total first years premiums on origi policies 8 Dividends applied to purchase pad up ad ditions and annuities Surrender values applied to purchase paid up insurance and annuities 188018 84 331 29 17143 50 12 Total new premiums is Renewal premiums in addition to terns 14 16 and 17 without deduction for commissions or other expenses less 596 83 for reinsurance on renewals W4ia o 4 Dividends applied to pay renewal prom iuins 16 Surrender values applied to pay renewal premiums 205493 63 2008 7 IS Total renewal premiums 808041 24B ComptrollerGenerals Keport 469 19 Extra premiums for total and permanent disability bene fits 1056 03 20 Total premium income 1014590 90 21 Consideration for supplementary contracts not involving life contingencies 1 728 24 22 Dividends left with the company to accumulate at in terest 256 38 24 Gross interest on mortgage loans per Schedule B less 481103 accrued inter est on mortgages acquired during 1914 139649 14 27 Gross interest on premium notes policy loans or liens 6389 37 28 Gross interest on deposits in trust com panies and banks per Schedule E 2002 77 29 Gross interest on other debts due the com pany Agents Dr balances 160 69 33 Gross rent from companys property in cluding 699996 for companys occu pancy of its own buildings per Sehed ule A 37613 54 34 Total gross interest and rents 242615 51 35 From other sources Policy coupons 902 22 Insureds personal benefit fund 6 999 50 41 From agents balances previously charged off 349 36 44 Total income 1266665 u IIIDisbursements 1 For death claims 222 997 98 4 Net amounts paid for losses and matured endowments 222927 98 6 Premium notes and liens voided by lapse less 60042 re storations 8996 4S 7 Surrender values paid in cash or applied in liquidation of loans or notes joi 3 8 Surrender values applied to pay new premiums see In come No 6 190961 to pay renewal premiums see Income No 16 200875 3 918 36 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 17 I43 gn 10 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes 2 317 63 11 Dividends applied to pay renewal premiums see Income No 14 1819 15470 CompteolleeGenebals Eepobt 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the Company to accumulate at inter est see Income No 22 n u 379053 99 15 Total paid pobcyfholders 16 Expenses of investigation and settlement of policy claims including 49869 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 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 12412419 renewal premiums 57 41901 23 Agency supervision and traveling expenses of srper visors except compensation for home office supervs ion 24 Branch office expenses including salaries of managers and clerks not included in item 22 25 Medical examiners fees 1304650 inspection of risks 4 274 21 26 Salaries and all other compensation of officers directs trustees and home office employees 27 Kent including 699996 for companys occupancy of its own buildings 28 Advertising 671092 printing and stationery 13 03146 postage telegraph telephone and express 8 28498 exchange 300 08 29 Legal expense not included m item Hi g 30 Furniture fixtures and safes iVis Rfi 81 Repairs and expenses other than taxes on veal estate 14148 8b 32 Taxes on real estate 33 State taxes on premiums Qg 34 Insurance department licenses and fees 35 Ml other licenses fees and taxes Federal corporation tax 36642 personal property tax 86674 municipal etc 314 28 Federal stamp tax 3310 Other dis bursements Legislative exp 10484 coupons and in1 secrd 15855 officers trav exp 595641 pr r bal charged off 10124 books mag etc 49545 agcy meetings 311643 light and heat 13951 re statement ex 180000 surety bonds 106206 In societies 60275 liability prems 43637 invest expense 77374 misc expenses 92635 L5673 IV 46 Agents balances charged off S10211 99 49 Total disbursements ComptrollerGenerals Eeport IVLedger Assets 1 Book value of real estate 441958 84 2 Mortgage loans on real estate per Sched ule B first liens 4 Loans made to policy holders on this com panys policies assigned as collateral 5 Premium notes on policies in force 7 Cash in companys office 9 Deposits in trust companies and banks on interest per Schedule E 10 Agents balances debit 1168357 credit 34093 net 1134264 prem bal d 21379 cr 343701 net cr 322322 less income tax withheld 12950 7989 92 2595429 50 1193065 35 4311 87 995 17 72216 54 471 12 Total ledger assets as per balance Item 50 4315967 19 NonLedger Assets 13 16 17 20 21 99 Interest due 21022 and accrued 54 78927 on mortgages per Schedule B Interest accrued on premium notes policy loans or liens Interest accrued on deposits Rents due on companys property or lease 54999 49 151 22 233 65 440 00 Total interest and rents due and aocrued Market value of real estate over book value per Sched ule A 55824 36 7304 16 26 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums New Business Renewals 27 28 29 Totals Deduct loading Xet amount of nncollected and deferred premiums 7525 70 63697 82 41 7 7567 45 3931 28 3636 17 37080 47 100778 29 10859 is 89918 71 93554 88 472 ComptrollerGenerals Report 30 All other assets 1 gg4 y9 Fire and liability prems paid in advance Furniture and fixtures 4553575 91 35 Gross assets Deduct Assets Not Admitted 37 Furniture fixtures and safes 13333 33 38 Agents debit balances gross n683 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies A43 2 43 Book value of ledger assets over market value viz Premium dr bal 32374 21 4521201 0 40 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Ind Ins Dept on the following tables of mortal ity and rates of interest viz 1 Actuaries table at 4 per cent on all is sues prior to Jan 1 1908 except two forms of policies 2331900 59 Same for reversionary additions American experience table at 3 per cent al other issues 224013 Same for reversionary additions Total 39546530 6 Deduct net value of risks of this company reinsured in other solvent companies 11211 05 3943382 45 7 Extra reserve for total and permanent dis ability benefits 3944930 76 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company MM CompteolleeGenerals Eepoet 473 12 Claims for death losses in orocess of ad justment or adjusted and not due 5000 00 13 Claims for death losses reported for which no proofs have been received 9524 76 14 Reserve for net death losses incurred but unreported 3 297 93 19 Total policy claims 17822 69 21 Dividends left with the company to accumulate at interest and accrued interest thereon 674 35 22 Premiums paid in advance including surrender values so applied 3364 41 23 Unearned interest and rent paid in advance 31436 84 24 Commissions due to agents on premium notes when paid 215 59 25 ommissions to agents due or accrued 1 88 26 Cost of collection on uncollected and deferred rrem iums in excess of the loading thereon 117 48 27 Salaries rents office expenses bills and accounts due or accrued 1829 96 28 Medical examiners fees 190 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 14 955 24 33 Dividends or oher profits due policyholders including those contingent on payment of outstanding and de ferred premiums 144 5g 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 159 40 37 Reserve special or surplus funds not included above Special surplus to cover possible unknown liabilities 40000 00 41 All other liabilities Insured s personal benefit fund 17 913 84 State county and municipal taxes payable 1915 6069 00 Policy coupons 2661 00 45 Total 4089415 05 46 Capital stock 137000 00 47 Unassigned funds surplus 294786 65 48 Total 4521201 70 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 26 700 00474 CompteollebGenekals Eepoet 18 Policies on the lives of citizens of said State issued dur ing the year m41 37700 00 19 Total v 1AQ rift 20 Deduct ceased to be in force during the year LUtJ 21 Policies in force Dec 31 1914 2V25 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 7966 AMERICAN NATIONAL INSURANCE COMPANY OF GALVESTON TEX V L Moody Jr President L H Collier Secretary W A Oliver Attorney for Service IIIncome 1 Gross premiums written and renewed dur ing the year per lines 2 9 16 and 23 VI page 6 accident 20151783 health 17718906 378706 89 2 Reinsurance Accident 4895 health 4894 97 89 3 Deduct premiums on policies cancelled Accident 56302 health 24246 o Total deductions Accident 61197 health 29140 903 37 6 Net premiums Accident 20090586 health 17689766 377803 52 21 Policy fees required or represented by applications 94265 00 32 Prom other sources From life statement 4220632 8 805 48 40 Total income IllDisbursements 1 Gross amount paid for losses Accident 4692701 35 4245386 health 9591354 138367 40 5 Net amount paid policyholders for losses Accident 42 45386 health 9591354 138367 40 18 Investigation and adjustment of claims viz Accident 77704 health 77704 1554 OSComptrollebGtenebals Repobt 23 24 29 30 33 36 37 38 43 44 45 46 47 49 54 56 Policy fees retained by agents Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 4439389 health 360082 Salaries fees and all other compensation of officers directors trtstees and home office employees Salaries traveling and all other expenses of agents not paid by commissions Bents including 120000 for companys occupancy of its own buildings State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Municipal in various States Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Other disbursements Branch office expense Petty office expenses Agents bond prems Agents balances charged off Gross decrease by adjustment in book value of ledger assets viz From life statement 475 94116 25 80401 71 9196 63 992 00 1926 50 1592 37 761 70 477 44 14 50 2810 07 2959 73 2534 35 10 25 4383 67 2 95 88 75 789 15 1463396 74 57 Total disbursements g06 375 24 NonLedger Assets 41 Other nonledger assets viz Deferred premiums pay order business less corns 589111 10940 64 From life statement 3 023 922 37 44 Gross assets 3034863 01 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 271587 health 5497 3230 84 3 Losses and claims incurred but not report ed Accident 61388 health 244366 3057 54 4 Losses and claims resisted 67 30 7 Xet unpaid claims except liability and workmens comp claims excluding expenses of investigation and ad justment Accident 332975 health 968863 13018 38476 OomptbollebGenebals Repobt 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 290i8802 unearned premiums fifty per cent 1454401 14o44 01 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1914 viz Accident 57565 health llol oO 57o6o q q 41 Advance premiums one hundred per cent 50 From life statement 51 Total amount of all liabilities except capital 2223 52 Capital actually paid up in cash 250000 00 53 Surplus over all liabilities 561174 54 Surplus as regards policyholders 81 m 3034863 01 55 Total liabilities Business in the State of Georgia Dirring 1914 Gross premiums less return premiums on risks written or renewed during the year Accident 949271 health 9492 71 18 Gross losses paid Accident 247397 health 823967 10713 64 ATLANTIC LIFE INSURANCE COMPANY OF RICHMOND VA E Strudwick President M Jones 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 Dec 31 of previous year 21 ol719 i 2151717 77 4 Extended at T ITIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 366542 for first years reinsurance 139413 64 7 Total first years premiums on original policies 13V13 64ComptbollekGtenebals Eeport 477 8 Dividends applied to purchase paid up ad ditions and annuities i 4gg iq 9 Surrender values applied to purchase paid up insurance and annuities 8 836 69 10 Consideration for original annuities in volving life contingencies 43 59 12 Total new premiums 49 gp 08 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for other expenses less 2894597 for re insurance on renewals 598 193 03 14 Dividends applied to pay renewal premiums 24390 82 18 Total renewal premiums 622583 85 19 Extra premiums for total and permanent disability bene fits 2397 54 20 Total premium income 774 7 47 22 Dividends left with the company to accumulate at in terest 22186 06 23 Ledger assets other than premiums received from other companies for assuming their risks 43 53 24 Gross interest on mortgage loans per Sdhedule B less 200875 accrued in terest on mortgages acquired during 1914 101137 59 25 Gross interest on collateral loans per Schedule C 732 04 26 Gross interest on bonds and dividends on stocks less 65421 accrued interest on bonds acquired during 1914 per Sched ule D 9893 47 27 Gross interest on premium notes policy loans or liens 24 413 79 28 Gross interest on deposits in trust com panies and banks per Schedule E 3040 01 29 Gross interest on other debts due the com pany Interest on agents balances SS 4 M iscellaneous interest 4 90 33 Gross Tent from companys property 4 50 34 Total gross interest and rents 39 311 73 35 From other sources Withheld account Federal income tax 50 49 Brokerage 1 778 98 478 ComptbolleeGeneeals Eepoet 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A Bonds per Schedule D 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 121958 for accrual of discount 44 Total income 11 Disbursements 101 08 1175 25 1219 58 940628 17 1 For death claims less 662500 reinsur ance 12307554 3 For total and permanent disability claims 123075 54 300 S6 4 Net amount 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 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and annuities see Income No 8 14 Dividends left with the company to accumulate at in terest see Income No 22 15 Total paid policyholders 16 Expenses of investigation and settlement of policy claims including 162556 for legal expenses 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premiums 8250257 renewal premiums 3721974 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 25 Medical examiners fees 1502375 inspection of risks 355053 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rents 28 Advertising 671015 printing and stationery 623058 postage telegraph telephone and express 341197 exchange 59810 123376 40 3337 00 52679 87 8836 69 1936 40 24390 82 1486 16 22186 06 238229 40 1632 96 6296 96 119722 31 19659 70 18574 28 42712 91 3627 87 1095 80ComptrollerGenerals Keport 479 29 Legal expenses not included in item 16 3 051 49 30 Furniture fixtures and safes QB c 32 Taxes on real estate 35 48 33 State taxes on premiums rl Q T lliuo 63 34 Insurance department licenses and fees 2 598 31 35 All other licenses fees and taxes Federal corporation tax 909 91 Miscellaneous taxes 7 261 01 39 Other disbursements Miscellaneous expenses 9 4i6 7 Miscellaneous traveling expenses 836 41 Payments to South Atlantic Life Ins Co warrant holders 1329 63 47 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 71 73 Bonds per Schedule D 996 37 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 10033 for amortization of premium 100 33 49 Total disbursements 498 999 42 IVLedger Assets 1 Book value of real estate per Schedule A 2526 79 2 Mortgage loans on real estate per Sched ule B first liens 1712003 01 other than first liens 1100000 1 723 003 01 3 Loans secured by pledge of bonds stocks or otlher collateral per Schedule C 14750 00 4 Loans made to polieyholders on this com panys policies assigned as collateral 370047 42 5 Premium notes on policies in force 60 580 93 6 Book value of bonds 16659826 and stocks 6252150 per Schedule D 229119 76 7 Cash in companys office 3 601 94 8 Deposits in trust companies and banks not on interest per Schedule E 33 214 67 9 Deposits in trust companies and banks on interest per Schedule E 123 351 04 10 Agents balances debit 2145942 credit 6475 net 21j394 67 11 Commuted renewal commissions 825829 furniture and fixtures 350000 11758 29 12 Total ledger assets as per balance Item 50 2593348 52480 ComptrollerGenerals Report NonLedger Assets 13 Interest due 158116 and accrued 31 80476 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C part 1 16 Interest accrued on premium notes policy loans or liens 17 Interest on other assets Interest accrued on bank deposits Interest accrued miscellaneous 33385 92 3617 91 230 43 605 81 123 14 180 00 21 Total interest and rents due and accruedI 22 Market value of real estate over book value per Schedule A 23 Market value not including interest in Item 14 stocks over book value per Schedule D New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 765 05 46935 81 9713 97 27 Totals 28 Deduct loading 765 05 56649 78 481 98 9063 96 29 Net amount of uncollected and deferred premiums 283 07 47585 82 38143 21 223 21 8528 50 47868 89 35 Gross assets 26S8112 33 Deduct Assets Not Admitted 37 Furniture fixtures and safes 38 Commuted commissions 825829 agents debit balances gross 2145942 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 3500 00 29717 71 15679 00 48896 71 46 Admitted assets 2639215 62ComptrollerGenerals Eeport 481 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 114 as computed by the Bureau of Insurance on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on policies issued in 1900 and 1901 268 840 40 Same for reversionary additions 267 76 2 American experience table at 3 per cent on issues subsequent to 1901 except Item No 4 1722699 14 Same for reversionary additions 2 126 24 3 American experience table at 3 per cent on reinsured policies 379 33 4 OtJher tables and rates viz American experience 4 per cent 5 061 13 5 Net present value of annuities including those in reduction of premiums American experience 3 per cent 45422 00 Total 2044796 00 6 Deduct net value of risks of this company reinsured in other solvent companies 49274 00 8 Net reserve lj995522 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies 9 848 00 12 Claims for death losses in process of ad justment or adjusted and not due 1000 00 13 Claims for death losses reported for which no proofs have been received 13 014 00 19 Total policy claims 14014 00 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 83 753 74 22 Premiums paid in advance including surrender values so aPPHed 4426 53 23 Unearned interest and Tent paid in advance 8 392 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 20 245 98 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums estimated 1 000 00 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether482 ComptrollerGenerals Beport contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 14 37 Reserve special or surplus funds not included above Contingency reserve for policyholders account M 46 Capital stock 128164 81 45 Unassigned funds surplus 2639215 62 48 Total Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 234 4ldo 18 Policies on the lives of citizens of said State issued during the year x 361 703786 00 19 Total ri R7K nn 20 Deduct ceased to be in force during the year 24 0100 21 Policies in force Dec 31 1914 337 652110 00 23 Losses and claims incurred during year 2 3000 00 25 Dosses 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 lV4b 1 BANKERS RESERVE LITE COMPANY OF OMAHA NEB B H Robison President C Wagner Secretary Wm 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 Dec 31 of previous year 4274437 78 4274437 78 4 Extended at v iaaaaaB MMB ComptrollerGenerals Report IIIncome 483 5 First years premiums on original policies without deduction for commissions or other expenses less 165769 for first years reinsurance 173486 29 7 Total first years premiums on original Plicies 173486 29 8 Dividends applied to purchase paid up ad ditions and annuities 24 015 63 9 Surrender values applied to purchase paid up insurance and annuities 760 80 12 Total new premiums 19Sfi62 72 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 5 38705 for reinsurance on renewals 915 543 59 14 Dividends applied to pay renewal prem iums 111319 26 18 Total renewal premiums 4 j Q26 862 86 00 I0 PTiUm inCme 1225125 57 22 Dividends left with the company to accumulate at in tereSt 1816 31 24 dross interest on mortgage loans per Schedule B less 37809 accrued interest on mortgages acquired during 1914 59 704 25 26 Gross interest on bonds per Schedule D 110022 55 27 Gross interest on premium notes policy loans or liens 61059 78 28 Gross interest on deposits in trust com panies and banks per Schedule E 3 246 13 34 Total gross interest g 234 032 71 35 From other sources Items in suspense 429 59 41 From agents balances previously charged off 130 91 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 57750 for accrual of discount 577 50 44 Total income 1462112 59484 ComptrollerGenerals Report IIIDisbursements 1 For death claims 13449368 additions 20050 134694 18 3 For total and permanent disability claims 3250 00 4 Net amounts paid for losses 137944 18 6 Premium notes and liens voided by lapse 13618 25 7 Surrender values paid in cash or applied in liquidation of loans or notes 122046 96 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 760 80 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 253 42 11 Dividends applied to pay renewal premiums see Income No 14 111065 84 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 24015 63 14 Dividends left with Company to accumulate at interest see Income No 22 1816 31 15 Total paid policyholders 411521 39 16 Expense of investigation and settlement of policy claims 132 15 19 Paid stockholders for dividends 10000 00 20 Commissions to agents less commission on reinsurance First years premiums 13132898 renewal premiums 2070853 152037 51 S3 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 32492 05 25 Medical examiners fees 1352000 inspection of risks 509000 18610 00 26 Salaries and all other compensation of officers directors trustees and home office employees 69083 85 27 Kent 5179 92 28 Advertising 612532 printing and stationery 623821 postage telegraph telephone and express 577138 exchange 108969 19224 60 29 Legal expense not included in item 16 2418 00 30 Furniture fixtures and safes 1874 30 33 State taxes on premiums 16831 70 34 Insurance department licenses and fees 3573 80 35 All other licenses fees and taxes Federal corporation tax 140 76 Revenue stamp tax 26 04 City and county taxes 200 55 39 Other disbursements Loss and gain Items 1780 70 Office expense 3215 63ComptrollerGenerals Eeport 485 Traveling expense Premiums on fidelity bonds Actual expense 46 Agents balances charged off 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 369225 for amortization of premium 1685 05 2478 26 600 00 360 57 3692 25 49 Total disbursements 757159 08 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 1137400 00 4 Loans made to polieyholders on this com panys policies assigned as collateral 954451 30 5 Premium notes on policies in force 67 623 02 6 Book value of bonds 2 650 562 10 7 Cash in companys office 178 05 9 Deposits in trust companies and banks on interest per Schedule E 169y119 02 10 Agents balances debit 84612 credit 78892 net 57 20 12 Total ledger assets as per balance Item 50 4979391 29 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 4 14 Interest accrued on bonds per Schedule D part 1 16 Interest accrued on premium notes policy Joans or liens 21137 45 18786 21 2066 70 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 41990 36 28509 59 952 37 27 Total 28 Deduct loading 29461 96 7475 76 29 Net amount of uncollected and deferred premiums 21986 20 35 Gross assets 5043367 85486 ComptrollerGenerals Eeport Deduct Assets Not Admitted 38 Agents debit balances gross 846 12 43 Book value of bonds over market value 29712 58 46 Admitted assets 5012809 15 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Insurance Dept of Neb on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent 2899630 00 2 American experience table at 3y2 per cent 970232 00 Same for reversionary additions 55780 00 Total 3925642 6 Deduct net value of risks of this company reinsured in other solvent companies 4533 00 XT 3921109 00 8 Net reserve v 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de t t 7iy y manded 13 Claims for death losses reported for which no proofs have been received 17004 2o 17004 25 19 Total policy claims 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 5179 31 22 Premiums paid in advance including surrender values so applied 23 Unearned interest and rent paid in advance yo 27 Salaries rents office expenses bills and accounts due or o Qn accrued 7m 00 28 Medical examiners fees 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year 18500 00 of this statement 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de 4000 99 ferred premiums 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or 1867 82 otherwise ComptbolleeGtenebals Bepobt 487 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 1 455 18 36 Amount set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in Item 35 27 894 92 37 Eeserve special or surplus funds not included above Special fund calculated payable to the holders of deferred dividend policies contingent upon the payment of the annual premiums falling due during 1915 84431 29 41 All other liabilities Items in suspense 2258 41 f Trtal 4131168e7 46 Capital stoek 0 0Q 47 Unassigned funds surplus 781 640 48 48Total 5012809 15 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 216216 25 18 Policies on the lives of citizens of said State issued dur ing the year 74210 7g I9 Z01 290427 00 20 Deduct ceased to be in force during the year 87 735 00 21 Policies in force Dec 31 1914 202 692 00 23 Losses and claims incurred during year 1 000 00 25 Losses and claims settled during the year in cash 1000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 6 243 03 CHEROKEE LIFE INSURANCE COMPANY OF ROME GA Barry Wright President G K Henshall Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in h 100000 00488 ComptbollebGenebals Repobt 2 Amount of ledger assets as per balance Dec 31 of previous year 355270 48 355270 48 4 Extended at IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 6570 for first years reinsurance 167561 4 7 Total first years premiums on original policies 167561 42 12 Total new premiums 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 2 33717 for reinsurance on renewals 57633 42 18 Total renewal premiums OJ 225 194 84 20 Total premium income 24 Gross interest on mortgage loans per Schedule B l85 27 26 Gross interest on bonds and dividends on stocks 984717 27 Gross interest on premium notes policy loans or liens 119 96 28 Gross interest on deposits in trust com panies and banks per Schedule E 760 11 29 Gross interest on other debts due the com pany General 6 35 33 Gross rent from companys property in cluding 336000 for companys occu pancy of its own buildings per Sehed ule A 6469 8 34 Total gross interest and rents 19187 94 44 Total income 244382 78 IIIDisbursements 1 For death claims ordinary 2402959 industrial 214634 26166 93MBBWH1 CompteolleeGenebals Repoet 489 3 For total and permanent disability claims 2500 and additional accidental death benefits 200000 2 025 00 4 Net amounts paid for losses and matured endowments 28 191 93 6 Borne Insurance Co P N charged off 3624 5 7 Rome Insurance Co P L charged off 210 98 8 P L inst chgd off 9 Sur vals paid 227 35 15 Total paid policyholders 3 2 16 Expense of investigation and settlement of policy claims including 100142 for legal expense 1 140 82 20 Commissions to agents less commission on reinsurance First years premiums 14173728 renewal premiums 742874 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance bonuses 23 Agency supervision and traveling expensesofsupervisors except compensation for home office supervision i 77n 5 24 Branch office expenses including salaries of managers and clerks not included in item 22 2 672 84 25 Medical examiners fees 1872569 inspectionofrisks 574761 26 Salaries and all other compensation of officers directors trustees and home office employees lg 510 27 Bent including 336000 for companys occupancy ofits own buildings 28 Advertising 404218 printing andstationery630722 postage telegraph telephone and express 2 776 10 exchange 2215 13 29 Legal expense not included in item 16 o09n 1n 30 Furniture fixtures and safes 31 Bepairs and expenses other than taxes on real estate 4 758 84 32 Taxes on real estate 33 State taxes on premiums 9 34 Insurance department licenses and fees 871 no 35 Municipal licenses 36 Actuarial fees 368 50 37 Miscl office expense f II 3S Directors per diem and traveling expenses 2 271 80 39 Interest on mtg on H O bldg m Q 40 Interest on temporary loan 42 Special fees acct reorganization Wright 4 000 00 King 125000 Butler 50000 5 750 00 44 Expense acct Exchange of ctfs j 847 45 Agents balances charged off acct exchange ctfs 15220 30490 ComptrollerGenerals Report 46 Agents balances charged off acct ins bus il Gross loss on sale or maturity of ledger assetsj Bonds per Schedule D Less eomms given to company 6004 22 400 00 49 Total disbursements IVLedger Assets 1 Book value of real estate less 1500000 incumbrances per Schedule A 2 Mortgage loans on real estate per Sched ule B first liens 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made to policyholders on this com panys policies assigned as collateral 5 Premium notes on policies in foree see No 26 below 6 Book value of bonds 7 Gash in companys office 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable 144940 accts 53517 11 Outstg nets 4116278 agents dr bal 4 22649 31556 40 41729 70 3000 00 971 83 110527 90 649 70 40476 28 6779 80 1984 57 45389 27 12 Total ledger assets as per balance Item 50 NonLedger Assets 13 Interest on mortgages peT Schedule B 14 Interest on bonds per Schedule D part 1 17 Interest on other assets Inst on cash in banks accrued 20 Bents 947 62 3322 92 75 24 1084 25 15635 75 5604 22 316587 81 21 Total interest jnd rents due and accrued 25 Gross premiums due and unreported on policies m force Dec 31 1914 less reinsurance premiums 26 Gross deferred premiums on policies in force December 31 1914 less reinsurance premiums 283065 45 5430 03 11582 11 9499 15 27 Totals 21081 26ComptrollerGeneral s Report 28 Deduct loading 29 Net amount of uncollected and deferred premiums 35 Gross assets Deduct Assets Not Admitted 38 Outstanding nets 4116278 agents debit balances gross 422649 39 Cash in branch off 47453 cash in Athens Bk Tr Co 32899 40 Accts receivable 53517 bills receivable 144940 41 Premium notes and loans on policies and net premiums in Item 29 inexcess of the net value of their policies 43 Book value of ledger assets over market value viz Collateral loans discount Bonds 45389 27 803 52 1984 57 1891 35 163 00 2173 40 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on all Cherokee business Same for reversionary additions 3 American experience table at 4 per cent on all Rome Insurance Co business Same for reversionary additions 94344 82 498 20 Total 6 Deduct net value of risks of this company reinsured in other solvent companies 94843 02 3239 65 7 Extra reserve for total and permanent disability benefits less 80052 reins 8 Net reserve 91603 37 2544 88 491 2348 63 18732 63 307228 11 52405 11 254823 00 94148 25492 ComptrollerGenerals Report 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the disability claims 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demand 11 Claim for death losses due and unpaid 1000 00 13 Claims for death losses reported for which no proofs have been received buw uu 16 Claims for death losses and other policy claims resisted by the company IJU 18000 00 19 Total policy claims 1122 45 20 Reinsurance premiums due 22 Premiums paid in advance including surrender values so applied 18 61 23 Unearned interest and rents paid in advance gQ 25 Mars bonuses accrued 27 Salaries rents office expenses bills and accounts due or accrued 173 00 28 Medical examiners fees 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the ear of this statement 135 41 31 Borrowed money 119721 68 100000 00 45 Capital stock 46 Surplus to stockholders 135101 32 47 Surplus to policyholders 254823 00 48 Total Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Bee 31 previous year 18 Policies on the lives of citizens of said State issued during the yeair 519 853000 00 19 Total q i82 000 00 20 Deduct ceased to be in force during the yearJU ls t i ion 425 671000 00 21 Policies in force Bee 31 1914 i 2500 00 23 Losses and claims incurred during yearComptbollebGtenebals Eepobt 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 493 2500 00 20861 19 COLUMBIA LIFE INSURANCE COMPANY OF CINCINNATI OHIO F G Gross President a M Cross Secretary B Reins Attorney for Service ICapital Stock 1 Amount of capital paid up in eash 181700 00 2 Amount of ledger assets as per balance Dec 31 of previous year 3 Increase of capital during the year 828174 62 100 00 4 Extended tat 828274 62 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 220942 for first yeairs reinsurance t 6 Surrender values applied to pay first years premiums 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 47779 21 10 59 47789 80 23 66 98 80 12 Total new premiums a 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 721191 for reinsurance on renewals 156 415 93 47912 26494 ComptrollebGenebals Eepobt 14 Dividends applied to pay renewal prem iums 16 Surrender values applied to pay renewal premiums 18 Total renewal premiums 7998 66 630 97 165045 56 20 Total premium income 22 Dividends left with the company to accumulate st in t PJGst 23 Ledger assets other than premiums received from other companies for assuming their risks 24 Gross interest on mortgage loans per 212957 82 1518 05 43516 34 Schedule B less 19347 accrued interest on mortgages acquired during 1914 25 Gross interest on collateral loans per Schedule C 26 Gross interest on bonds and dividends on stocks less 19538 accrued interest on bonds acquired during 1914 per Sched ule D 27 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 29 Gross interest on other debts due the com pany Int on agents notes and overdue mart inst 33 Gross rent from companys property 32222 78 1158 24 2618 12 7562 45 788 09 313 64 1074 13 34 Total gross interest and rents 35 From other sources Health and accident department income Coupons to policyholders credit Premiums on capital stock American life and annuity policy liens 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 45737 47 40460 30 1429 65 100 00 1282 84 44 Total income IIIDisbursements 47279 62 2000 00 1 For death claims less 850000 reinsur ance 2 For matured endowments 4 Net amounts paid for losses and matured endowments 5 For annuities involving life contingencies 219 77 347222 24 49279 62 85 5ftComptrollebGenebals Eepobt 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay new premiums see In come Xo 6 1059 to pay renewal premiums see In come No 16 63097 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 111 Dividends applied to pay renewal premiums 3eo Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at interest see Income No 22 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 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premums 2842313 renewal premiums 885182 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 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Bents 28 Advertising 119503 printing and stationery 380754 postage telegraph telephone and express 219929 exchange 2468 29 Legal expense 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 35 All other licenses fees and taxes Agents licenses Chattel tax 39 Other disbursements Applications 186753 corns on stock sale 3000 Discount on paems paid in advance General expense Investment exp 72566 trav expense 479900 495 13417 84 641 56 98 80 193 16 7998 66 23 66 1518 05 73256 91 1 50 550 00 806 46 37274 95 6026 65 6155 92 31238 10 1700 00 7226 54 3442 65 609 45 435 39 925 49 729 68 374 21 449 47 1897 53 26 99 2239 41 5524 66496 CompteolleeGeneeals Report Interest paid on credit Coupons Health and accident dept disbursements 46 Agents balances charged off 7 26 34944 92 8070 14 49 Total disbursements 231156 31 IVLedger Assets 1 Book value of real estate 32568 34 2 Mortgage loans on real estate per Sched ule B first liens 584243 59 3 Loans secured by pledge of bonds stocks or other collateral per Schedule O 4 Loans made to policyholders on this com pany s policies assigned as collateral 6 Book value of bonds 7 Cash in compnys office 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable 191681 agents bal ances debit 1575910 credit 21851 net 1554059 Cert ch Va 1000000 Appalachian debit 39471 fire ins prem 11700 cotton acct 56002 furniture and fix 351888 sundry drs 2271 21145 79 171221 37 75127 60 3867 85 2736 08 21359 21 17457 40 14613 32 12 Total ledger assets as per balance Item 50 944340 53 NonLedger Assets 13 Interest due 592146 and accrued 8 68877 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C patrt 1 16 Interest due 5798 and accrued 12 94195 on premium notes policy loans or liens 17 Interest accrued on other assets Branch balances 20 Rents due on companys property or lease 14610 23 560 83 502 59 12999 93 7 60 75 00 21 Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 28756 18 20240 66 ComptrollerGenerals Report 25 Gross premiums due and imreported on policies in force Dec 31 1914 less reinsurance premiums g 330 72 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 17 218 44 f070tas 78549 16 28 Deduct loading 1941 7g 29 Net amount of uncollected and deferred premiums 35 Gross assets Deduct Assets Not Admitted 37 Furniture fixtures and safes 4 38 Agents debit balances gross 40 Bills receivable 43 Book value of ledger assets over market value viz Bonds Cotton acct 56002 sundry drs 2271 Loans and liens in excess of reserve 3518 88 15759 10 1916 81 825 10 582 73 2114 24 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Actuary Ohio Ins Dept on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on Inter State Assurance Cos business issued during 1900 and 1901 118755 00 2 American experience table at 3 per cent on InterState Insurance Gos business issued from March 1 1910 to August 13th 1914 124124 00 3 American experience table at 3 per cent on Columbia Life Ins Co issued from 1903 to date 513374 Appalachian Ins Co from 1910 to 1914 33456 546830 0O 5 Net present value of annuities including those in reduction of premiums Am erican experience table 3 per cent 475 00 497 58907 40 1052244 79 1027527 93 Total 790184 00498 ComptrollerGenerals Report 6 Deduct net value of risks of this company reinsured in other solvent companies 7 Extra reserve for total and permanent dis ability benefits 9945 00 440 16 8 Net reserve 9 Present value of amounts not yet due oil supplementary contracts not involving life contingencies computed by the Actuary Ohio Ins Dept 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 12 Claims for death losses in process of ad justment or adjusted and not due 6200 00 13 Claims for death losses reported for which no proofs have been received 660 00 19 Total policy claims 21 Dividends left with the company to accumulate at inter est 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 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 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 37 Reserve special or surplus funds not included above H and A unearned prems 53042 prems in advance 112481 claims pending est 178073 dividends un paid 6500 salaries and bills unpaid 5504 tax on 1914 prems est 13500 41 All other liabilities Coupons to policyholders credit and accrued int Payment with applications policies not issued Ledger balances Appalachian Ins Co 2134240 to be paid in Cos stock at 20000 per share 780679 16 5649 00 1485 00 6860 00 6072 61 1357 21 3071 73 110 55 252 57 365 32 333 50 1463 11 1228 06 3691 00 2561 13 175 94 10671 20ComptrolleeGenekals Eepoet 499 46 Capital stock 182 800 00 47 Unassigned funds surplus 19700 84 48 Total 1027527 93 Business in the State of Georgia Duing 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 229 533650 00 18 Policies on the lives of citizens of said State issued during the year 275 530890 00 19 Total 504 1064540 00 20 Deduct ceased to be in force during the year 119 309710 00 21 Policies in force Dee 31 1914 385 754830 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 14656 67 COLUMBIAN NATIONAL LIFE INSURANCE COMPANY OF BOSTON MASS Arthur E Childs President William H Brown Secretary Alfred O 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 9026692 47 4 Extended at 9026692 47 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 380218 for first years reinsurance 293827 93Eepobt 2666 19 296494 12 117 81 21526 05 32199 15 350337 13 I 1716853 30 500 ComptrollerGeneral s 6 Surrender values applied to pay first years premiums 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 10 Consideration for original annuities in volving life contingencies 12 Total new premiums 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 17 25567 for reinsurance on renewals I 14 Dividends applied to pay renewal prem iums 4779906 16 Surrender values applied to pay renewal premiums 287 44 17 Renewal premiums for deferred annuities 871 51 18 Total renewal premiums 1768401 31 19 Extra premiums for total and permanent disability bene fits 8162 81 20 Total premium income 2126901 25 21 Consideration for supplementary contracts not involving life contingencies 2864 00 29 Dividends left with the company to accumulate at in terest a281 i9 24 Gross interest on mortgage loans per Schedule B less 1902 accrued interest on mortgages acquired during 1914 101845 04 26 Gross interest on bonds and dividends on stocks less 676505 accrued interest on bonds acquired during 1914 per Sched ule D 188796 11 27 Gross interest on premium notes policy loans or liens 77827 66 28 Gross interest on deposits in trust com panies and banks per Schedule E 7307 66 29 Gross interest on other debts due the com pany General interest including int on overdue prems 245 8MB M ComptbollebGenebals Eepoet 501 33 Gross rent from companys property in cluding 2509887 for companys occu pancy of its own buildings per Sehed ule A 64550 66 34 Total gross interest and rents U0m2 n so from other sources Accident and health dept per statement 319 798 13 Federal income tax deducted at source 215 00 Matured endowments due and unpaid 27 00 Interest on O Brien mortgage balance 150 92 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 57 68 Bonds per Schedule D 594 76 43 Gross increase by adjustment in book value of ledger assets viz Real estate per Schedule A 127 67 Bonds per Schedule D including 1501785 for accrual of discount 15017 85 44 Total income 2m578 66 IIIDisbursements 1 For death claims less 1821900 reinsur ance 36492160 additions 130592 2 For matured endowments 3 For total and permanent disability claims 366227 52 50127 00 1106 60 4 Net amounts paid for losses and matured endowments 5 For annuities involving life contingencies 6 Premium notes and liens voided by lapse less 264582 restorations 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay new premiums see In come No 6 266619 to pay renewal premiums see Income No 16 287744 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay Tenewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 417461 12 2324 76 19829 32 198087 49 5543 63 21526 05 10734 07 47799 06 117 81502 ComptrollerGenerals Beport 14 Dividends left with the company to accumulate at interest see Income No 22 724704 80 15 Total paid policyholders 16 Expenses of investigation and settlement of policy claims including 265057 for legal expense 17 Paid for claims on supplementary contracts not mvolv ing life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 70 000 00 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 11781187 renewal premiums 73984 23 annuities original 125996 renewal 1798 08 48 21 Commuted renewal commissions 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision Ufi 24 Branch office expenses including salaries of managers and clerks not included in item 22 25 Medical examiners fees 2738435 inspection of risks 629886 V 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Bent including 2319507 for companys occupancy of its own buildings less 37000 received under sublease 489G 1 28 Advertising 436215 printing and stationery postage telegraph telephone and express 1435545 exchange 71624 29 Legal expense not included in item 16 30 Furniture fixtures and safes 31 Eepairs and expenses other than taxes on real estate 21816 96 32 Taxes on real estate 99057 54 33 State taxes on premiums 5gg 1 34 Insurance department licenses and fees 35 All other licenses fees and taxes Federal corporation tax 7gg State and municipal licenses and fees 64 76 Personal property taxes 39 Other disbursements 2 92 Legislative expenses Schedule K Home office expanses 718672 traveling 621473 13401 45 Contribution to life ins presidents association Discount on premiums paid in advance American Investment Securities Co General interest Mulkey claim 98671 OBrien mort gage balance 15092 ComptrollerGenerals Report 503 Advance deposits Accident and health dept per statement 310154 32 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 10 32263 for amortization of premium 10 322 63 49 Total disbursements 178588151 IVLedger Assets 1 Book value of Teal estate per Schedule A 848879 03 2 Mortgage loans on real estate per Sched ule B first liens 1873 957 49 4 Loans made to polieyholders on this com panys policies assigned as collateral 1630523 09 5 Premium notes on policies in force of which 1345284 is for first years Premiums 163740 04 6 Book value of bonds 481891725 and stocks 9509527 per Schedule D 4914012 52 7 Cash in companys office 3 jgo qq 8 Deposits in trust companies and banks not on interest per Schedule E 13 684 45 9 Deposits in trust companies and banks on interest per Schedule E 545 242 53 10 Agents balances debit 10357699 credit 197463 net 101602 36 Contingent funds subject to draft by cashiers 76933 suspense aect 1 5451 1823 84 11 Accident and health dept per statement 51774 21 12 Total ledger assets as per balance Item 50 10148389 62 NonLedger Assets 13 Interest due 1234934 and accrued 27 31921 on mortgages per Schedule B 39668 55 14 Interest due 50000 and accrued 70 99676 on bonds per Schedule D part 1 71496 76 16 Interest due 1156200 and accrued 1217844 on premium notes policy loans or liens 23 740 44 17 Interest due 160992 and accrued 48812 on other assets Bank deposits 2098 04 20 Bents due 25000 and accrued 340094 on companys property or lease 3650 94 21 Total interest and rents due and accrued 140 654 73504 ComptrollerGeneral s Report New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 50249 34 159904 56 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 13427 89 82486 59 27 Totals 63677 23 24239115 28 Deduct loading 6469 49 38007 77 29 Net amount of uncollected and deferred premiums 261591 12 35 Gross assets 10550635 47 Deduct Assets Not Admitted 38 Agents debit balances gross 103576 99 39 Oash advanced to or in the hands of offi cers or agents contingent funds 769 33 40 Loans on personal security bills receiv able suspense account 1054 51 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies loading on notes 28701 84 42 Overdue and accrued interest on bonds in default 1000 00 43 Book value of ledger assets over market value viz Real estate 995 62 Stocks 18015 27 Bonds 29184 81 Accident and health dept per statement 3426 08 46 Admitted assets 10363911 02 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Mass Ins Dept on the following tables of mortality and rates of interest viz 2 American experience table at ZVz per cent on 8360203 00 Same for reversionary additions 8402 00 ComptrollerGeneral s Report 505 5 Net present value of annuities including those in reduction of premiums American experience 3 per cent 56262 00 0tal 8424867 00 6 Deduct net value of risks of this company reinsured in other solvent companies 11769 00 7 Extra reserve for total and permanent dis ability benefits 7500 00 8 Net reserve M20 gg8 0Q 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed in Thlie ACtUary 1756 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 1320 25 12 Claims for death losses in process of ad justment or adjusted and not due 41500 00 13 Claims for death losses reported for which no proofs have been received 10 00O 00 14 Reserve for net death losses incurred but unreported 5098 00 15 Claims for matured endowments due and unpaid 27 00 16 Claims for death losses and other policy claims resisted by the company 35 185 00 17 Claims for total and permanent disability benefits 4 429 00 19 Total policy claims 4 90 930 Qn 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 5 353 3 22 Premiums paid in advance including surrender values so applied 12120 20 23 Unearned interest and rent paid in advance 25 537 34 27 Salaries rents office expenses bills and accounts due or accrued 9854 91 28 Medical examiners fees 221100 and legal fees 63905 due or accrued 2 850 05 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 23 91 39 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 2 958 28506 ComptrollerGenerals Beport 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in Item 55000 00 37 Beserve special or surplus funds not included above Reserve for contingencies 41 All other liabilities Accident and health dept per statement T SQ Advance deposits with applications Balance from sale at foreclosure OBrien mortgage and interest to Dee 31 1914 4 8900644 07 1000000 00 46 Capital stock m2M 96 47 Unassigned funds surplus 48 Total 1036391102 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1041 2723385 00 18 Policies on the lives of citizens of said State issued during the year 451 860293 19 Totai M92 3583678 00 2 Deduct ceased to be in force during the year196 574882 00 21 Policies in force Dec 31 1914 1296 3008796 00 22 Losses and claims unpaid Dec 31 of previous 1 5000 001 23 Losses and claims incurred during year 7 1700 00 8 22000 00 24 Total 25 Losses and claims settled during the year in cash 26 Losses and claims unpaid Dec 31 1914 3 10000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 80489 45ComptrollerGeneral s Eeport 507 CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF HARTFORD CONNECTICUT John M Taylor President William H Deming Secretary Oscar Palmour Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 69185776 04 4 Extended at 69186776 04 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 721398 81 6 Surrender values applied to pay first years premiums 800 52 7 Total first years premiums on original policies 722259 33 8 Dividends applied to purchase paid up ad ditions and annuities 8 915 40 9 Surrender values applied to purchase paid up insurance and annuities 36 640 88 10 Consideration for original annuities in volving life contingencies 62 547 54 11 Consideration of supplementary contracts involving life contingencies 6085 92 12 Total new premiums 836399 07 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses 5538200 21 14 Dividends applied to pay renewal prem iums 926243 67 16 Surrender values applied to pay renewal premiums 350 14 18 Total renewal premiums 6 464 794 02 20 Total premium income 7 301 193 09 21 Consideration for supplementary contracts not involving life contingencies 135252 72 508 ComptrollerGenerals Keport 22 Dividends left with the company to accumulate at in terest 1019845 25 24 Gross interest on mortgage loans per Schedule B 1711423 10 26 Gross interest on bonds and dividends on stocks 1034483 78 27 Gross interest on premium notes policy loans or liens 341318 95 28 Gross interest on deposits in trust com panies and banks per Schedule E 27003 52 29 Gross interest on other debts due the com pany Land contracts 3980057 bills receivable 2218 deferred cash paymts on R E sales 11077 delay prems 31475 40248 27 33 Gross rent from companys property in cluding 3500000 for companys occu pancy of is own buildings per Sched ule A 164337 08 9681 34 Total gross interest and rents 3318814 70 35 From other sources Suspense account unapplied payments on land contracts 15622 69 Federal income tax 559 68 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 32476 41 Bonds per Schedule D 146 75 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 661700 for accrual of discount 667 GO 44 Total income 11830528 29 IIIDisbursements 1 For death claims 40i7796585 additions 12005 4078085 90 2 For matured endowments 374392 40 4 Net amounts paid for losses and matured endowments 4452478 30 5 For annuities involving life contingencies 29458 70 6 Premium notes and liens voided by lapse 157 00 7 Surrender values paid in cash or applied in liquidation of loans or notes 1278827 91 8 Surrender values applied to pay new premiums see In come No 6 86052 to pay renewal premiums see Income No 16 35014 1210 66ComptrollerGenerals Report 509 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 oa jn co 10 Dividends paid to policyholders in cashi orappliedin liquidation of loans or notes iq7 79 XI Dividends applied to pay renewal premiums sVe Income JNo 14 13 Dividends applied to purchase paid up additions and an 926243 nuities see Income No 14 Dividends left with the company to accumulate aVinteresi see Income No 22 1019845 25 15 Total paid policyholders Z I 16 Expenses of investigation and settlement of poiiey claims including 124920 for legal expenses 1 249 20 17 Paid for claims on supplementary contracts not involv ing life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 273 20 Commissions to agents less commission on reinsurance First years premiums 27329132 renewal premiums 36623656 annuities original 45908 639 992 96 22 Compensation of managers and agents not paid by com missions for services in obtaining new insurance 14 849 99 23 Agency supervision and traveling expenses of supervisors 94 f PlCmpfiDsation f h0 ffi supervision 10430 41 li Branch office expenses including salaries of managers and clerks not included in item 22 66 66 97 25 Medical examiners fees 5344000 inspectionof risks 1035856 26 Salaries and all other compensation of officers directors trustees and home office employees 261 683 27 7 Bent including 3500000 for companys occupancy of s JtSr bu 67336 79 28 Advertising 774142 printing and stationery 3178647 postage telegraph telephone and express 33147 31 exchange 109711 72 579 31 29 Legal expense not included in item 16 8763 05 30 Furniture fixtures and safes 1707 74 31 Repairs and expenses other than taxes on real estate 64l32 74 32 Taxes on real estaite KB 66 fctate taxes on premiums 77 ai0 n oat jOuo y 34 Insurance department licenses and fees 6 940 07 35 All other licenses fees and taxes Federal corporation tax 389377 internal revenue 35584 424961 State county and municipal Qg88 70 Com franchise 13220436 Mass reserve 1279321 14497 57510 ComptrollerGenerals Eeport 39 Other disbursements Suspense account of Dec 31 1913 1766069 travel 1406027 3172096 Recording and notary fee 32056 safe rent 1000 lock repair 6920 Kre ins prem on office furniture at agencies ann 00 Clerk hire of farm loan inspector 317 21 Prem on fidelity bond 47 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 4 999 II Bonds per Schedule 1 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A y4 Bonds per Schedule D including 1449075 for amortiza s 64o90 75 tion of premium 0aa on r 1 j i ta 346Yo9 00 Stocks per Schedule 1 10365664 24 49 Total disbursements IVLedger Assets I Book value of real estate per Schedule A 2920400 93 2 Mortgage loans on real estate per Sehed ule B first liens 33325038 40 4 Loans made to polieyholders on this com panys policies assigned as collateral 7576617 42 5 Premium notes on policies in force 156391 ov 6 Book value of bonds 2390133700 and stocks 49570025 per Schedule D 24397037 25 9 Deposits in trust companies and banks on interest per Schedule E 1563298 27 10 Bills receivable 314265 agents balances debit 377018 credit 96064 net 280954 5952 19 II Real estate sold under land contract bal purchase price per Schedule A supple F 705898 06 mentary 12 Total ledger assets as per balance on page 3 70650640 09 NonLedger Assets 13 Interest due 2584073 and accrued 949 01859 on mortgages per Schedule B 974859 32 14 Interest due 718000 and accrued 246 35930 on Bonds per Schedule D part 1 253539 30ilB CompteollerGenebals Report 16 Interest due 9611779 and accrued 5 00488 on premium notes and due 13 55539 and accrued 4971118 on policy loans or liens 18 Interest due 182687 and accrued 10 25347 on land contracts per Schedule A supplementary 20 Rents due 163942 and accrued 449300 on companys property or lease 511 164389 24 12080 34 6132 42 21 Total interest and rents due and accrued 1411 000 62 New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums paidfor basis 15242 33 234195 36 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums paid for basis 88742 93 594394 85 27 Totals 103985 26 828590 21 28 Deduct 20 per cent loading 20797 05 165718 04 29 Net amount of uncollected and deferred premiums 83188 21 662872 17 746060 3g 35 Gross assets Deduct Assets Not Admitted 72807701 09 38 Agents debit balances gross4 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 approxi mated 42 Overdue and accrued interest on bonds in default 44 Book value of ledger assets over market value viz bonds not subject to amorti zation and stocks 3770 18 3142 65 2665 00 9945 00 39261 25 38784 0 47 Admitted assets 72 768 917 01512 ComptrollerGeneral s Eeport VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table ait 4 per cent on all poli cies issued prior to April 1st 1882 and all policies issued in exchange therefor 15179280 00 2 American experience table at 3 per cent on all other policies 50028015 00 Same for reversionary additions 22828 00 5 Net present value of annuities including those in reduction of premiums McClimtock s tables with 3 per cent interest 313376 00 Total 65543499 00 8 Net reserve 65543499 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company at 3 per cent 200023 00 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 66412 00 11 Claims for death losses due and unpaid 47305 95 12 Claims for death losses in process of ad justment or adjusted and not due 37917 30 13 Claims for death losses reported for which no proofs have been received 179469 00 14 Reserve for net death losses incurred but unreported 80000 00 15 Claims for matured endowments due and unpaid 18011 50 18 Due and unpaid on annuity claims involv ing life contingencies 754 44 19 Total policy claims 363458 19 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 1796590 17 22 Premiums paid in advance including surrender values so applied 70328 03 23 Unearned interest and rent paid in advance mortgage loans 28704 policy loans 12437335 124660 39 25 Commissions to agents due or accrued 1690 39 ComptrollerGeneral s Report 513 27 Salaries rents office expenses bills and accounts due or accrued estimated 2 500 00 28 Medical examiners fees 1296600 and legal fees 3 01816 inspection of risks 107471 due or accrued 17058 87 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement gg qqq qq 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 118 251 73 42 Surrender values credited with accrued interest 4079 26 43 Suspense account unapplied payments on land contracts 1562269 Federal source tax 55968 16182 37 44 Supplementary agreements 539 29 68414972 69 47 Unassigned funds surplus 4 353 944 32 48 Total 7276891 7 01 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1238 2786383 00 18 Policies on the lives of citizens of said State issued during the year 264 528375 00 19 Total 1502 3314758 00 20 Deduct ceased to be in force during the year 172 340469 00 21 Policies in force Dec 31 1914 1330 2 974 289 00 22 Losses and claims unpaid Dec 31 of previous vear 6 17790 00 23 Losses and claims incurred during year 9 22725 00 24 Total 15 40515 00 25 Losses and claims settled during the year in eash 15 40515 00 27 Premiums collected or secured in eash and notes or credits without any deduction for losses dividends commissions or other expenses 93 877 71514 ComptrollerGenerals Report COSMOPOLITAN LIFE INSURANCE COMPANY OF ATLANTA GA James 0 Wynn President W L Pomeroy Secretary ICapital Stock 1 Amount of capita paid up in cash 128160 00 2 Amount of ledger assets as per balance Dec 31 of previous year 491882 63 3 Increase of capital during the year 450 00 4 Extended at 492332 63 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 162821 for first years reinsurance 4 7 Total first years premiums on original policies 12 Total new premiums 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 9634 for reinsurance on renewals 14 Dividends applied to pay renewal prem iums 18 Total renewal premiums 21718 19 2171 S 19 12348 17 125 90 20 Total premium income 22 Dividends left with the company to accumulate at in terest 24 Gross interest on mortgage loans per Schedule B 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 per Schedule E 6800 94 6092 92 169 84 2564 00 21718 19 12474 07 34192 26 284 48COMPTBOLLEBGrENEBAL s BePORI 97 77 29 Gross interest cm other debts due the com pany Bills receivable Interest on notes given for capital stock in this company 556 70 Interest on deferred subscriptions to capi tal stock 1 257 g 34 Total gross interest and rents 35 From other sources Interest on bills receivable Profit on sale of capital stock Profit on old stock notes acquired from purchase of Cos mopolitan Life Ins Co 41 From agents balances previously charged ou 44 Total income 515 17539 68 58 64 450 00 500 00 28 17 53053 23 IIIDisbursements 6 Premium notes and liens voided by lapse 1 484 57 11 Dividends applied to pay renewal premiums see Income NU 12590 14 Dividends left with the company to accumulate at interest see Income No 22 284 48 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premiums 1292375 renewal premiums 7526 22 Compensation of managers and agents not paid by com mission for service in obtaining new insurance 25 Medical examiners fees 195275 inspection of risks 54100 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Bent 500004 for companys office less 123500 receiv ed under sublease 28 Advertising 296576 printing and stationery 2 16097 postage telegraph telephone and express 58530 exchange 7224 29 Legal expense not included in item 16 30 Furniture fixtures and safes 33 State taxes on premiums 34 Insurance department licenses and fees 1894 95 52 64 65 10 12999 01 787 51 2493 71 16648 31 3765 04 5784 27 42 00 69 13 30 86 138 00 516 ComptrollerGenerals Beport 35 All other licenses fees and taxes Federal internal revenue Advalorem tax State count and city City and county licenses and fees 39 Other disbursements Borrowed money repaid Traveling expense Miscellaneous expense Interest of borrowed money Old stock notes reduced during the year I S com acct of all cos assets paid during year Partial payt for stock and sub certificates issued 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assets viz Stocks per Schedule D 49 Total disbursements 5 26 5066 91 602 44 33082 12 361 74 633 1 2322 68 2500 00 9324 53 1048 63 2122 17 205 56 102045 55 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 12076579 other than first liens 1516000 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made to policyholders on this com panys policies assigned as collateral 5 Premium notes on policies in force of which 354988 is for first years prem iums 6 Book value of bonds 10659000 and stocks 270000 per Schedule T 7 Cash in companys office Cash Cash acct 9 Deposits in trust companies and banks on interest per Schedule E acct 10 Bills receivable 11156735 agents bal ances debit 248609 credit 7978 net 240631 Other assets 135915 79 7260 41 1754 00 5115 72 109290 00 43S 74 3949 11 2000 0O 23012 26 113973 66 40630 62 12 Total ledger assets as per balance Item 50 443340 31 NonLedger Assets 13 Interest due 456640 and accrued 1 72808 on mortgages per Schedule B 6294 48ComptrollerGenerals Report 14 Interest on bonds per Schedule D part 1 2108 33 15 Interest on collateral loans per Schedule G Part 1 894 17 16 Interest on premium notes policy loans or liens 107 90 17 Interest on other assets Certificates of deposit 15927 bank bal ances 200 bills receivable 4403 205 30 New stock notes 193035 deferred pay ments on subscriptions to capital stock 389714 5827 49 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 3495 17 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 669 67 27 Total 4164 84 28 Deduct loading 70 57 517 29 Xet amount of uneollected and deferred premiums 30 All other assets Prepaid interest on bills payable discounted Licenses fees etc paid in advance Office furniture and fixtures Stationery on hand 35 Gross assets Deduct Assets not Admitted 15437 67 3374 27 33 99 97 48 5000 00 1000 00 468283 72 37 Supplies stationery printed matter 1 00000 furniture fixtures and safes 500000 6000 HI 38 Agents debit balances gross 2486 09 40 Bills receivable Ill 517 35 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies and 1 yr premiums 76137 notes in excess of commissions see acct 24 opp page 159400 2355 37 Deferred payments on subscription to capital stocks 37740 00518 CompteolleeGenebal s Eepoet Licenses and fees paid in advance and suspense acct 9862 74S 196 10 46 Admitted assets 307938 81 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the John A Oopeland on the following tables of mortality and rates of interest viz 2 American experience table at 4 per cent 3 American experience table at 3 per cent 16947 39 3826 94 Total 20774 33 6 Deduct net value of risks of this company reinsured in other solvent companies 635 19 8 Net reserve 16 Claims for death losses and other policy claims resisted by the company 5000 00 17 Claims for total and permanent disability benefits Ill 88 19 Total policy claims 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 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 31 Borrowed money 37 Reserve special or surplus funds not included above Reinsurance premiums due and unpaid Estimated balance due Insurance Commissioner for assets of Cosmopolitan Life Ins Co Reserve to provide for possible loss on mortgage and collateral loans 46 apital stock 47 Unassigned funds surplus 48 Total 20139 14 s 5111 88 433 70 64 57 1955 88 297 96 5 00 47 85 11267 88 596 52 14238 56 5400 00 59560 94 128610 00 119767 87 307938 81 19 20 21 23 26 ComptrollerGenerals Report 519 Business in the State of Georgia During 1914 Policies on the lives of citizens of said State in force Dec 31 of previous year 704 433 00 Policies on the lives of citizens of said state issued dur ing the year 824475 00 Total 1528913 00 Deduct ceased to be in force during the year 269 982 00 Policies in force Dec 31 19 4 i 953 93J 00 Losses and claims incurred during year 5 OOO 00 Losses and claims unpaid December 31 1914 5 000 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 35 211 52 EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES OF NEW YORK N Y W A Day President W Alexander Secretary Frank W Burr Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 00000 00 2 Amount of ledger assets as per balance Iic 31 of previous year 517934917 94 4 Extended at 517 934 917 94 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 4117148 for first years reinsurance 4 684198 31 6 Surrender values applied to pay first years premiums 12499 82 7 Total first years premiums on original jolicies 4696698 13520 ComptbolleeGenebals Repoet 8 Dividends applied to purchase paid up ad ditions and annuities 1108142 98 10 Consideration for original annuities in volving life contingencies 745392 94 11 Consideration of supplementary contracts involving life contingencies 492433 73 11 Consideration for disability claims 713 11 12 Total new premiums 7041954 67 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 55801971 for reinsurance on renewals 44434218 04 14 Dividends applied to pay renewal prem iums 2997701 77 16 Surrender values applied to pay renewal premiums 48815 48 17 Renewal premiums for deferred annuities 13604 49 18 Total renewal premiums 4 494339 88 19 Extra premiums for total and permanent disability bene fits 43473 00 20 Total premium income 54579765 55 21 Consideration for supplementary contracts not involving life contingencies 543362 97 22 Dividends left with the company to accumulate at in terest 331584 70 24 Gross interest on mortgage loans per Schedule B less 2097641 accrued in terest on mortgages acquired during 1914 4648358 06 25 Gross interest on collateral loans per Schedule C 28964 24 26 Gross interest on bonds and dividends on stocks less 19552282 accrued interest on bonds acquired during 1914 per Schedule D 12725931 78 27 Gross interest on premium notes policy loans or liens 4331920 87 28 Gross interest on deposits in trust com panies and banks per Schedule E 226087 88 29 Gross interest on other debts due the com pany Agents and other balances 43431 69 Extended premiums Overdue interest on bonds and mortgage loans i38 87 ComptrollerGenerals Beport 521 Surrender values 462 m Overdue rents 150 36 32 Gross discount on claims paid in advance 6 139 98 33 Gross rent from companys property in eluding 11362540 for companys occu pancy of its own buildings per Sched le A 999291 31 34 Total gross interest and rents 7 93 0o7 844 7 35 Prom other sources 309844 78 Fire insurance indemnity fund n United States income tax Policy claims deposits 13 58 40 Profits 103587 69 Unclaimed accounts 04 83 Fees for assignments 335 oc Policy claims recoveries 53 35 Sale of furniture 199 3 Recoveries on old accounts 1 945 70 Royalty on life insurance premiums 48 24 41 From agents balances previously charged off 3403 8g 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D Za AO r 15796 87 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 214 46400 for accrual of discount 214 464 00 44 Total income 78988015 72 IIIDisbursements 1 For death claims less 1604650 reinsur ance 1956680232 additions 352 65875 19919461 07 2 For matured endowments 956197726 additions 3175021 9 593 727 47 3 For total and permanent disability claims 713 H 4 Net amounts paid for losses and matured endowments 29512475 43 5 For annuities involving life contingencies 216327 72 7 Surrender values paid in cash or applied in liquidation of loans or notes 12406807 2i 8 Surrender values applied to pay new premiums see In come No 6 1249982 to pay renewal premiums see Income No 16 4881548 61 315 30522 ComptbollebGenebals Eepobt 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividendsapplied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and i nuities see Income No 8 14 Dividends left with the company to accumulate at interest see Income No 22 1108142 98 331584 70 15 Total paid policyholders 5600461 16 Expense of investigation and settlement of policy claims including 1719268 for legal expense Premiums waived on account of disability 16 17 Paid for claims on supplementary contracts not 39 17192 68 199 81 involv ing life contingencies terest thereon held on deposit surrender 438106 21 123860 38 7000 00 18 Dividends and in ed during the year 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 212795590 renewal prem iums 263635731 annuities original 3502694 renewal 79347 21 Commuted renewal commissions 22 Compensation of managers and agents not paid by ecu mission for services in obtaining new insurance 23 Aoencv 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 29223053 inspections of risks 8869164 26 Salaries and all other compensation of officers doctors trustees and home office employees M 27 Kentincluding 11081344 for companys occupancy ot its own buildings less 526479 received under sublease 28 Advertising 4547601 printing and stationery lo9 28844 postage telegraph telephone and express 17322903 exchange 680547 29 Legal expense not included in item 16 30 Furniture fixtures and safes 31 Bepairs 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 On surplus and reserve WV 17462 98 0n seCntieS 18876 68 On income 4800133 62 43175 49 68075 71 39941 LS 702866 63 380922 17 89 47607 23 384798 95 58516 84 70685 98 291904 38 189046 62 635708 66 15114 66ComptbollebGeneeals Repobt 523 Stamp taxes 4 731 78 Agents licenses and fees 19 Qa War taxes 6oS 93 Miscellaneous licenses fees and taxes 3i008 13 36 Federal corporation tax 135441 54 39 Other disbursements 943 56 Examinations and audits 10 380 24 Conventions and meetings 5so99 13 Premiums on fidelity bonds life fire and liability insurance 9 639 Legislative expenses 4697 g4 Traveling expenses 9 0 37 oo 44 barekeeping of securities 10114 67 Books subscriptions etc A5g Employees welfare 4 no g Water ice laboratory and other supplies 3533 90 Association of life insurance presidents 11554 75 New building expenses 105615 73 Equitable Veteran Legion 3275 64 Mortgage expenses g483 7g Miscellaneous expenses oogj 97 40 Foreign exchange and currency adjustment m9 la 41 Miscellaneous interest 16 42 Interest on policy claims RJl 45 43 Kent deposits 652 32 44 Deposits on account of insurance 44670 37 45 Losses Policy claims 954 Rents 649 38 Fire 200 00 Unclaimed accounts 407 j Suspended bank 14 051 45 Stolen from safe 67 08 16330 04 46 Agents balances charged off 910 37 47 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 110 92 Bonds per Schedule D 21 339 88 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 356985 27524 CompteollebGenebals Eepoet Bonds per Schedule D including 37339800 for amorti zation of premium l281oo9 00 Stocks per Schedule D 435706 00 49 Total disbursements 70133182 66 IVLedger Assets 1 Book value of real estate per Schedule A 16502741 61 2 Mortgage loans on real estate per Sched ule B first liens 114239678 46 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 130000 00 4 Loans made to policyholders on this com panys policies assigned as collateral 95829458 05 6 Book value of bonds 27345589500 and stocks 1703582600 per Schedule D 290491721 00 7 Cash in companys office 154538 56 8 Deposits in trust companies and banks not on interest per Schedule B 643720 78 9 Deposits in trust companies and banks on interest per Schedule E 6990807 59 10 Bills receivable 8983306 agents bal ances debit 82295634 credit 217 30205 net 60565429 supplies 25 94525 721432 60 11 Cash in transit 1085652 35 12 Total ledger assets as per balance Item 50526789751 00 NonLedger Assets 13 Interest due 23201992 and accrued 1 46328390 on mortgages per Schedule B 1685303 82 14 Interest due 6426867 and accrued 3 804671 20 on bonds per Schedule D part 1 3868939 87 15 Interest on collateral loans per Schedule C Part 1 839 59 16 Interest due 51461753 and accrued 110246 52 on policy loans 624864 05 17 Interest due 874528 and accrued 10 64531 on other assets On deposits 19390 59 20 Rents due 15243957 and accrued 10 17833 on companys property or lease 162617 90 21 Total interest and rents due and accrued 6371955 82ComptrollerGeneral s Report 525 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein ance premiums 4532049 81 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 3143695 85 27 Totals 7675745 66 28 Deduct loading 2350 per cent 1803800 23 29 Net amount of uncolleeted and deferred premiums 5871945 43 30 All other assets War liens 46081 08 35 Gross assets539079733 33 Deduct Assets Not Admitted 37 Supplies stationery printed matter 38 Agents debit balances gross 40 Bills receivable Market value of special deposits in excess of corresponding liabilities per special deposit schedule page 10 43 Book value of ledger assets over market 25945 25 822956 34 89833 06 131218 00 value viz Stocks 1485100 60 2555053 25 46 Admitted assets 536524680 08 VLiabilities Surplus and Other Funds ReservePaid for Basis Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Actuary on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on issue to 1900 134617205 00 Same for reversionary additions 5163303 00 2 American experience table at 3 per cent on issues 1898 to 1906 10216025 00 3 American experience table at 3 per cent on issues 1895 to 1914 273163624 00 Same for reversionary additions 1845997 00526 ComptrollerGeneral s Report 4 Other tables and rates viz Joint life prior to 1898American exper ience table at 4 per cent 215684 00 Childs endowments and survivorship as surance prior to 1898Carlisle exper ience table at 4 per cent 46929 00 Childs endowments annual premium 18981906Carlisle experience table at 3 per cent 97266 00 Childs endowments single premium 1898 1906Hm table at 3 per cent 19532 00 Joint life 18981906Hm table at 3 per cent 163669 00 SemiTropical 19101914 SesquiAmerican table at 3 per cent 835460 00 Tropical 19101914Double American Table at 3 per cent 223397 00 Survivorship assurance 1906Carlisle ex perience table at 3 per cent 6901 00 Joint lifeAmerican experience table at 4 per cent 6419 00 SemiTropicalSesquiAmerican table at 3 per cent 30913 0O TropicalDouble American table at 3 per cent 14031 00 5 Net present value of annuities including those in reduction of premiums Regular and deferred to 1898Actuaries experience table at 4 per cent 1750554 00 Two life to 18981Hm Table at 4 per cent 117612 00 Survivorship to 1898Carlisle experience table at 4 per cent 25849 00 All nonparticipating annuities 18981914 McCTintock s table at 3 per cent 8143899 00 Annual dividend survivorship annuities 19131914 McClintocks table at 3 per cent 97l0O Supplementary contracts from 3 per cent policiesAmerican experience table at 3 per cent 1036068 00 Supplementary contracts including prem ium reductions from 3 per cent policies American experience table at 3 per cent 2053831 00 Total 439793139 00COMPTROLLERGrENERALs REPORT 527 6 Deduct net value of risks of this company reinsured in other solvent companies 1407529 00 438387610 00 7 Extra reserve for total and permanent dis ability benefits 26 615 00 8 Net reserve paid for basis 438414225 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the Society 2783616 00 9 Present value of premiums waived on account of dis ability 996 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 69805 52 11 Claims for death losses due and unpaid 40090 53 12 Claims for death losses in process of ad justment or adjusted and not due 142631 93 13 Claims for death losses reported for which no proofs have been received 2040484 34 14 Reserve for net death losses incurred but reported 450000 00 15 Claims for matured endowments due and Paid 896112 77 16 Claims for death losses and other policy claims resisted by the company 333459 45 18 Due and unpaid on annuity claims involv ing life contingencies 66696 82 19 Total policy claims 3969475 84 20 Due and unpaid on supplementary contracts not involv ing life contingencies 3 388 30 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 899 479 79 22 Premiums paid in advance including surrender values so applied 335813 74 23 Unearned interest and rent paid in advance 1899998 13 25 Commissions to agents due or accrued 39310 30 27 Salaries rents office expenses bills and accounts due or accrued 134293 30 28 Medical examiners fees 1269372 and legal fees 23 79193 due and accrued 36485 65 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 969678 21528 ComptbollebGenebals Eeport 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 1148269 20 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 5220000 00 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 7067757 00 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in Item 35 62148865 00 37 Beserve special or surplus funds not included above Fire insurance indemnity fund 43323 12 Fire relief fund 8191 9 Deposits on account of insurance 101462 67 41 All other liabilities United States income tax collected 3457 85 Policy claims deposits 104203 56 525402096 15 46 Capital stock 100000 00 47 Unassigned funds surplus 11022583 93 48 Total 536524680 08 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 6832 14108270 00 18 Policies on the lives of citizens of said State issued during the year 390 663564 00 19 Total 7222 14771834 00 20 Deduct ceased to be in force during the year 556 1228519 00 21 Policies in force Dec 31 1914 6666 13543315 00 22 Losses and claims unpaid Dee 31 of previous vear 5 15535 00 23 Losses and claims incurred during year 91 233361 98 24 Total 6 248896 98 25 Losses and claims settled during the year in cash 22070398 by compromise 125000 89 221953 98mmtm ComptrollerGenerals Report 529 26 Losses and claims unpaid Dec 31 1914 7 26 943 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 425 407 88 FEDERAL LIFE INSURANCE COMPANY OF CHICAGO ILL Home Office 16668 North Michigan Blvd Chicago 111 Isaac Miller Hamilton President Chas S Rannells Secretary W 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 Dec 31 of previous year 3053285 41 3 Adjustment in real estate made by joint examination as 123113 25 478 70 4 Extended at 3078764 n IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 177136 for first years reinsurance 80 120 27 7 Total first years premiums on original Policies so 20 27 8 Dividends applied to purchase paid up ad ditions and annuitiea 22 55 9 Surrender values applied to purchase paid up insurance and annuities 5351 73 12 Total new premiums j 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 13 69522 for reinsurnee on renewals 554573 31 14 Dividends applied to pay renewal prem iums 9727 93 85494 55 18 Total renewal premiums 5434 40 24530 ComptrollerGenerals Beport 19 Extra premiums for total and permanent disability bene fits 48954 and for additional accidental death bene fits 146664 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 per Schedule B less 23167 accrued interest on mortgages acquired during 1914 25 Gross interest on collateral loans per Schedule C 26 Gross interest on bonds and dividends on stocks less 214162 accrued interest on bonds acquired during 1914 per Sched ule D 27 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits in trust com panies and banks per schedule B 29 Gross interest on other debts due the com pany Bills receivable 33 Gross rent from companys property in cluding 1000000 for companys occu pancy of its own buildings per Sched ule A 44541 58 9134 88 21488 99 53489 08 3161 69 261 23 40537 63 34 Total gross interest and rents 40 Total income accident and health department 1958 18 651753 97 1062 54 44 Total income IIIDisbursements 1 For death claims 2 For matured endowments 3 For additional accidental death benefits 174003 44 81800 00 2000 00 172615 08 78485 83 903917 42 4 Net amounts paid for losses and matured endowments 257803 44 6 Premium notes and liens voided by lapse less 242207 restorations 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 see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 9050 63 94924 42 5351 73 13421 73 9727 93MB ComptbollebGtenebals Repoet 531 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 r 14 Dividends left with company to accumulate at interest see Income No 22 1062 g4 15 Total paid policyholders 391 364 97 16 Expense of investigation and settlement of policy claims 2896 37 17 Paid for claims on supplementary contracts not involving life contingencies 326 25 18 Dividends and interest thereon held on deposit surrender ed during the year 264 51 20 Commissions to agents less commission on reinsurance First years premiums 5398482 renewal premiums 2546991 7945473 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 9108 18 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 3871 76 24 Branch office expenses including salaries of managers and clerks not included in item 22 15 593 14 25 Medical examiners fees 663050 inspection of risks 214823 occ o I to 73 Jb Salaries and all other compensation of officers directors trustees and home office employees 47 687 11 27 Bent including 1000000 for companys occupancy of its own buildings OjOO0 M 28 Advertising 597813 printing and stationery 683299 postage telegraph telephone and express 795515 exchange 77342 21 539 9 29 Legal expense not included in item 16 3917 79 30 Furniture fixtures and safes 2200 30 31 Bepairs and expenses other than taxes on real estate 25567 85 32 Taxes on real estate fi9g2 57 33 State taxes on premiums 7 aan m 34 Insurance department licenses and fees 431 88 37 Total disbursements of the accident and health dept 87475 72 39 Other disbursements Library exp 51436 actuarial exp 25575 770 n Misc Exp 506595 investment exp 57653 5 642 48 Suspense acet a no Coupons applied to pay renewal premiums 1 105 86 Coupons on policies paid cash 159 12 Paid balance due on interstate life contract 4 508 61 46 Agents balances charged off g757 73 49 Total disbursements t 750 263 99532 ComptrollerGenerals Report 1 VLedger Assets 1 Book value of real estate 500000 00 2 Mortgage loans on real estate per Sehed ule B first liens 708098 65 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 99358 64 4 Loans made to policyholders on this com panys policies assigned as collateral 1233950 36 5 Premium notes on policies in force of which 286070 is for first years prem 35041 00 lums 6 Book value of bonds 45350200 and stocks 1720800 per Schedule D 470710 00 7 Cash in companys office f766 0 9 Deposits in trust companies and banks on interest per Schedule E 156986 30 10 Bills receivable 435633 agents balances debit 804592 12402 25 11 Printing furniture library and agency 8104 32 equipments 12 Total ledger assets as per balance Item 50 3232417 o4 NonLedger Assets 13 Interest due 176825 and accrued 12 39015 on mortgages per Schedule B 14158 40 14 Interest accrued on bonds per Schedule D 4i 8074 06 part 1 15 Interest accrued on collateral loans per Schedule C part 1 2658 21 16 Interest accrued on premium notes policy 12446 53 loans or liens 17 Interest accrued on other assets Certifi cates of deposits in banks and bank 2332 67 balances tl Total interest and rents due and accrued 39669 87 24 Due from other companies for losses or claims on policies of this company re 25044 00 insured 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 74ComptrollerGeneral s Report 533 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 47470 79 27 Total 28 Deduct loading 121767 48 36205 96 29 Net amount of uneollected and deferred premiums 30 All other assets Premiums in process of collection accident and health department 35 Gross assets Deduct Assets Not Admitted 37 Supplies stationery printed matter 2 50000 furniture fixtures and safes 5 60432 38 Agent 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 8104 32 8045 92 4356 33 51657 73 5771 00 85561 52 487 50 3383180 43 46 Admitted assets 3 305 245 13 VInabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the 111 Ins Dept on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent 1844525 00 2 American experience table at 3 per cent 984019 00 Same for reversionary additions 4854 00 Total 2833398 00 6 Deduct net value of risks of this company reinsured in other solvent companies 17996 00 7 Extra reserve for total and permanent dis ability benefits 20100 and for addi tional accidental death benefits 99200 included in life policies 1193 00 8 Net reserve 2816595 00534 ComptrollerGenerals Report 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 2136 00 12 Claims for death losses in process of ad justment or adjusted and not due 1000 00 14 Reserve for net death losses incurred but unreported 370 00 15 Claims for matured endowments due and unpaid 1200 00 10 Claims for death losses and other policy claims resisted by the company 39271 41 19 Total policy claims 41841 41 21 Dividends left with the company to accumulate at interest and accrued interest thereon 7033 13 22 Premiums paid in advance including surrender values so applied 1404 77 23 Unearned interest and rent paid in advance 0889 93 24 Commissions due to agents on premium notes when paid 1352 50 25 Commissions to agents due or accrued 1133 84 27 Salaries rents office expenses bills and accounts due or accrued 1095 91 28 Medical examiners fees 550 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 13613 16 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 70554 36 37 Reserve special or surplus funds not included above Coupons matured and unpaid including int 3487 36 41 All other liabilities Liabilities accident and health department 5267 15 Reserved for possible Northern Life liability 7389 32 46 Capital stock 306000 00 47 Unassigned funds surplus 24815 29 48 Total 3305245 13 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 171882 00 18 Policies on the lives of citizens of said State issued dur ing the year 52522 00 19 Total 224404 00ComptrollerGeneral s Report 20 Deduct ceased to be in force during the year 21 Policies in force Dec 31 1914 23 Losses and claims incurred during year 25 Losses and claims settled during the year 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 535 19267 00 205137 00 1298 50 1298 50 2743 15 FIDELITY MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA PA Walter LeMar Talbot President Chas G Hodge Secretary J H Byeley Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 28807262 51 4 Extended at 28807262 51 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 114485 for first years reinsurance 449151 57 6 Surrender values applied to pay first years premiums 594 32 7 Total first years premiums on original policies 449745 89 8 Dividends applied to purchase paid up ad ditions and annuities 35302 71 9 Surrender values applied to purchase paid up insurance and annuities 586 64 10 Consideration for original annuities in volving life contingencies 7273 50 11 Consideration of supplementary contracts involving life contingencies 742 87 12 Total new premiums 493651 61536 ComptkollerGenekals Kepoet 13 Renewal premiums in addition to items 14 10 and 17 without deduction for commissions or other expenses less 7 57613 for reinsurance on renewals 4053680 93 14 Dividends applied to pay renewal prem iums 239295 78 15 Dividends applied to shorten the endow ment or premiumpaying period 12162 04 ltj Surrender values applied to pay renewal premiums 8893 16 17 Renewal premiums for deferred annuities 3409 67 18 Total renewal premiums 4317442 15 19 Extra premiums for total and permanent disability bene fits 3719506 and for additional accidental death benefits 615229 included in life policies 43347 35 20 Total premium income 4854441 11 21 Consideration for supplementary contracts not involving life contingencies 515 50 22 Dividends left with the company to accumulate at in terest 19105 87 24 Gross interest on mortgage loans per Schedule B less 667149 accrued inter est on mortgages acquired during 1914 656907 36 25 Gross interest on collateral loans per Schedule C 7393 87 26 Gross interest on bonds and dividends on stocks less 246722 accrued interest on bonds acquired during 1914 per Sched ule D and X 339110 62 27 Gross interest on premium notes policy loans or liens 440463 43 28 Gross interest on deposits in trust com panies and banks per Schedule E 9461 69 29 Gross interest on other debts due the com pany Deferred premiums 11693 57 Agents balances 10202 36 33 Gross rent from companys property in cluding 4000000 for companys occu pancy of its own buildings per Sched ule A 97562 42 34 Total gross interest and rents 1572795 32 35 From other sources Profit on sale ground rents 114 17 Bonds on mtg No 2425 3500 00 ComptrollerGeneral s Report 537 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 6 577 19 Stocks per Schedule D 1 425 00 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 634214 for accrual of discount 6 342 14 44 Total income 6474815 30 IIIDisbursements 1 For death claims 169931066 additions 11858499 1817895 65 2 For matured endowments 106 676 32 3 For total and permanent disability claims 118490 and for additional accidental death benefits 500000 6184 90 4 Net amounts paid for losses and matured endowments 1930756 87 5 For annuities involving life contingencies 16747 13 7 Surrender values paid in cash or applied in liquidation of loans or notes 1 167 175 11 8 Surrender values applied to pay new premiums see In come No 6 59432 to pay renewal premiums see Income No 16 889373 9488 05 9 Surrender values applied to purchase paid up insurance and annuities see Tncome No 9 586 64 10 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes 132 421 12 11 Dividends applied to pay renewal premiums see Income No 14 239295 78 12 Dividends applied to shorten the endowment or premium paying period see Tncome No 15 12162 04 13 Dividends applied to purchase paid up additions and an nuities see Tncome No 8 35 302 71 14 Dividends left with company to accumulate at interest see Tncome No 22 19105 87 15 Total paid polieyholders 3 563 041 32 16 Expense of investigation and settlement of policy claims including 393769 for legal expense 5900 55 17 Paid for claims on supplementary contracts not involving life contingencies 42188 42 18 Dividends and interest thereon held on deposit surrender ed during the year 5854 97 20 Commissions to agents less commission on reinsurance First years premiums 18857659 renewal premiums 18319698 annuities original 33625 372109 82538 ComptrollerGenerals Eeport 22 23 24 25 26 27 28 29 30 31 32 33 34 35 39 45 47 48 Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Branch office expenses including salaries of managers and clerks not included in item 22 Medical examiners fees 3767339 inspection of risks 1369355 Salaries and all other compensation of officers directors trustees and home office employees Bent including 4000000 for companys occupancy of its own buildings less 94500 received under sublease Advertising 1103144 printing and stationery 36 00142 postage telegraph telephone and express 21 65829 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 All other licenses fees and taxes Federal corporation tax Municipal licenses Personal property tax Other disbursements Miscellaneous expenses Commission for collecting mtg int Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A Bonds per Schedule D Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule T including 2 43974 for amortization of premium 49 Total disbursements 4300 10 32353 67 100538 31 51366 94 167089 19 710116 66 68691 15 4945 67 6160 17 64509 26 15792 35 78543 86 6634 54 2926 61 1220 89 396 00 12047 29 134 1 76 6100 00 39 78 13479 54 469859C 72 TVLedger Assets 1 Book value of real estate er Schedule A 1416397 33 2 Mortgage loans on real estate per Sehed ule B first liens 12208176 7 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 92931 21 4 Loans made to policvholdors on this com panys policies assigned as collateral 8268864 58 5 Premium notes on policies in force of which 8997301 is for first years prem iums 539812 82 ComptrollerGeneral s Report 539 6 Book value of bonds 701984758 and stocks 13998550 per Schedule D 7 Cash in companys office 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable 3316119 agents bal ances debit 44105374 credit 7 62680 net 43342694 7159833 08 418 46 430462 61 466588 13 12 Total ledger assets as per balance Item 50 NonLedger Assets 13 Interest due 961004 and accrued 206 02648 on mortgages per Schedule B 215636 52 14 Interest accrued on bonds per Schedule D Part l 118258 74 15 Interest accrued on collateral loans per Schedule C part 1 1354 33 20 Rents due on companys property or lease 237 00 30583488 09 21 Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 250 576 89 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 305289 09 413218 32 144390 94 27 Totas 555865 98 28 Deduct loading U4 395 24 29 Net amount of uncollected and deferred premiums 441560 74 35 Gross assets 31582658 09 Deduct Assets Not Admitted 38 Agents debit balances gross 44 053 74 40 Bills receivable 3316 19 41 Premiums notes and loans on policies and net premiums in Ttem 29 in excess of the net value of their policies 118308 44 43 Book value of ledger assets over market value viz Bonds and stocks 441556 58 46 Admitted assets 3054857S 14 540 ComptrollerGenerals Repobt VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the31st day of Dee 1914 as computed by the Pa Ins Dept on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all poli cies issued prior to Jan 1 1901 5761666 00 2 American experience table at 3 per cent on all policies issued since Jan 1 1901 except as specified in item No 3 1910 1914 select and ultimate 14609654 00 Same for reversionary additions 95837 00 3 American experience table at 3 per cent on special 20year payment policies is sued since Oct 1904 in lieu of old poli cies also regular limited payment poli cies issued since Jan 1 1907 5556056 00 5 Net present value of annuities including those in reduction of premiums McClintocks 3 per cent 100506 00 American 3 per cent 60480 00 Total 261S4199 00 6 Deduct net value of risks of this company reinsured in other solvent companies 5648 00 7 Extra reserve for total and permanent dis ability benefits 4764719 and for ad ditional accidental death benefits 3 84500 included in life policies 51492 19 8 Net reserve 26230043 19 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 360763 13 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be dp manded 8620 47 12 Claims for death losses in process of ad justment 21127 30 13 Claims foT death losses reported for which no proofs have been received 79471 95 14 Reserve for net death losses incurred but unreported 6S12 9 rHMBB ComptrollerGenerals Report 541 16 Claims for death losses and other policy claims resisted by the company 42000 00 19 Total policy claims 205412 14 20 Due and unpaid on supplementary contracts not involv ing life contingencies 780 00 21 Dividends left with the company to accumulate at interest and accrued interest thereon 50804 66 22 Premiums paid in advance including surrender values so applied 19540 02 23 Unearned interest and rent paid in advance 189035 13 24 Commissions due to agents on premium notes when paid 15998 54 27 Salaries rents office expenses bills and accounts due or accrued 3546 99 28 Medical examiners fees 10 050 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 74326 04 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 6458 80 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 302907 85 35 Dividents declared on or apportioned to defray dividend policies payable to policyholders during 1915 299575 02 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 1806421 31 37 Reserve special or surplus funds not included above Excess interest payable during 1915 on installment claims 2864 57 47 Unassigned funds surplus 951430 58 48 Total 30548578 14 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1895 4162389 00 18 Policies on the lives of citizens of said State issued during the year 312 691039 00 19 Total 2207542 ComptbollebGenebals Eepoet 20 Deduct ceased to be in force during the year 213 415313 00 21 Policies in force Dec 31 1914 1994 4438115 00 22 Losses and claims unpaid Dec 31 of previous year 3 3000 00 23 Losses and claims incurred during year 15 4337 40 24 Total 18 46377 40 25 Losses and claims settled during the year in cash 18 40377 40 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 157837 50 FRANKLIN LIFE INSURANCE COMPANY OF SPRINGFIELD ILL Home Office 6th and Laurence Springfield 111 George B Stodden President Henry Abies Secretary R P Ketchum Attorney for Service ICapital Stock 1 Amount of capital paid up cash 100000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 5981353 89 4 Extended at 5981353 89 I Income 5 First years premiums mi original policies without deduction for commissions or other expenses less 709145 for first years reinsurance 231106 76 6 Surrender values applied to pay first years premiums 44 86 7 Total first years premiums on original policies 231111 62 8 Dividends applied to purchase paid up ad ditions and annuities 114 01 ComptrollerGenerals Report 543 9 Surrender values applied to purchase paid up insurance and annuities 57 186 10 12 Total new premiums 288481 J3 id Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 6 66703 for reinsurance on renewals 1205839 94 14 Dividends applied to pay renewal prem mms 24650 32 16 Surrender values applied to pay renewal premiums 65 7 18 Total renewal premiums 1230555 53 20 Total premium income 1 519 037 26 22 Dividends left with the company to accumulate at interest 397 58 24 Gross interest on mortgage loans per Schedule B less 174063 accrued inter est on mortgages acquired during 1914 149954 10 25 Gross interest on collateral loans per Schedule C 22 978 10 26 Gross interest on bonds 28 314 13 27 Gross interest on premium notes policy loans or liens 802go 90 28 Gross interest on deposits in trust com panies and banks per Schedule E 4281 02 29 Gross interest on other debts due the com pany Interest in quarterly and semi annual premiums 13 735 43 33 Gross rent from companys property in cluding 2000000 for companys occu pancy of its own buildings per Sched ule A 20000 00 34 Total gross interest and rents 309 543 g 35 From other sources Income tax withheld 226 00 Premiums paid in advance policies not issued 179 75 41 From agents balances previously charged off 2 923 28 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 876 for accrual of discount 432 ni 44 Total income 1832739 56544 ComptkollerGenerals Eepoet IIIDisbursements 1 For death claims less 300000 reinsur ance 393541 41 additions 1318967 2 For matured endowments 3 For total and permanent disability claims 406731 08 16070 00 46 65 4 Net amounts paid for losses and matured endowments 5 For annuities involving life contingencies 6 Premium notes and liens voided by lapse less 905416 restorations 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay new premiums see In come No 6 4486 to pay renewal premiums see In come No 16 6527 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with company to accumulate at interest see Income No 22 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 52928 for legal expense 17 Paid for claims on supplementary contracts not involving life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 14761706 renewal premiums 6640552 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 23 Agency supervisionand traveling expenses of supervisors except compensation for home office supervision 25 ledial examiners fees 1679250 inspection of risks 805635 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 2000000 for companys occupancy of its own buildings 422847 73 275 64 17842 23 234570 17 110 13 57186 10 55284 92 24650 32 144 01 397 58 813308 83 612 48 650 00 216 89 5100 00 214H22 58 29943 41 14661 92 24848 85 93756 17 23044 92mm i ComptrollerGenerals Report 545 28 Advertising 561250 printing and stationery 1158921 postage telegraph telephone and express 779166 exchange 240119 27394 50 29 Legal expense not included in item 16 ggs 04 30 Furniture fixtures and safes 2383 48 31 Eepairs and expenses other than taxes on real estate 8614 98 32 Taxes on real estate 2518 66 33 State taxes on premiums 17 072 81 34 Insurance department licenses and fees 5123 98 35 All other licenses fees and taxes Federal corporation tax 1 nfi7 7a internal revenue n Investment tax 19196 49 39 Other disbursements Traveling expenses 2 490 31 Investment expenses j 1 q 57 Miscellaneous expenses 7 420 47 Income tax withheld 1913 paid 1914 280 01 Balance on building contract 24 744 40 46 Agents balances charged off 474 77 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 12600 for amortization of premium 179 49 49 Total disbursements i335860 76 IVLedger Assets 1 Book value of real estate per Schedule A 280000 00 2 Mortgage loans on real estate per Sched ule B first liens 3261350 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 238100 00 4 Loans and liens made to policyholders on this companys policies 1 754 425 57 5 Premium notes on policies in force of which 1000724 is for first years prem iums 57969 82 6 Book value of bonds 613 703 41 7 Cash in companys office 8 987 18 8 Deposits in trust companies and banks not on interest per Schedule E 58500 00 9 Deposits in trust companies and banks on interest per Schedule E 148133 98 10 Agents balances debit 5822842 credit 116560 net 5706273 57062 73 12 Total ledger assets as per balance Item 50 6 478 232 69546 CompteolleeGenebals Bepobt NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C part 1 16 Interest accrued on premium notes policy loans or liens 87810 82 9799 26 2434 89 1398 97 63970 46 67771 07 97 Totals 23288 50 13174153 28 Deduct loading 13497 45 18870 61 6618 21 21 Total interest and rents due and accrued 101443 94 23 Market value not including interest in Item 14 of bonds over book value per Schedule D New Business Benewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 22164 00 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 1124 50 6708956 81 29 Net amount of uncollected and deferred premiums 122661 97 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 58228 42 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 17075 77 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Illinois Ins Dept on the following tables of mortal ity and rates of interest viz 1 Actuaries table at 4 per cent on business Issued prior to July 1 1907 4077393 00 6633652 62COMPTROLLERGrENERAL s REPORT 2 American experience table at 3 per cent on business issued since July 1 1907 1296732 00 Same for reversionary additions 230 00 5 Net present value of annuities including those in reduction of premiums Actuaries 4 per cent and American 3 per cent 5199 00 Total 5379554 00 6 Deduct net value of risks of this company reinsured in other solvent companies 6994 00 7 Extra reserve for total and permanent dis ability benefits 3 047 00 8 Net reserve 5375607 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 12 Claims for death losses in process of ad justment or adjusted and not due 17963 67 13 Claims for death losses reported for which no proofs have been received 29320 31 14 Reserve for net death losses incurred but unreported 3807 31 19 Total policy claim 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 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 Tents 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 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 1915 whether 547 9098 00 51091 29 1787 43 5732 61 23859 36 7736 80 5879 08 1426 74 3701 24 567 00 6457 31 3022 90 548 CompteolleeGenebals Eepoet contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1915 4lbyu 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 Trust fund 41 All other liabilities ui 438 74 Fund held for special class of policies gg Fund held for all other contingencies qq 46 Capital stock 6633652 62 48 Total Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1910 3L6o80 18 Policies on the lives of citizens of said State issued during the year 2328 3980 580 00 19 Total I Qlfi 73Q 59 00 20 Deduct ceased to be in force during the year 348 JJo tw HI 1914 1980 324105100 21 Policies m force Dec 31 1914 22 Losses and claims unpaid Dec 31 of previous year ygg 52 23 Losses and claims incurred during year 11 15 23034 02 24 Total 25 Losses and claims settled during the year in cash 07 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses h HHMBHMBH ComptrollerGenerals Report 549 GEORGE WASHINGTON LIFE INSURANCE COMPANY Harrison B Smith President Brutus J Clay Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 250000 00 2 Amount of ledger assets as per balance Dee 31 of previous year 770376 83 E C Milair Secretary 4 Extended at 770376 83 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 157098 for first year s reinsurance 9 Surrender values applied to purchase paid up insurance and annuities 29898 33 405 41 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 6 75601 for reinsurance on renewalsi 181448 13 18 Total renewal premiums 19 Extra premiums for total and permanent disability bene fits 73207 and for additional accidental death bene fits 106168 included in life policies 20 Total premium income 23 Ledger assets other than premiums received from other companies for assuming their risks 24 Gross interest on mortgage loans per Schedule B 25 Gross interest on collateral loans per Schedule C 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 per Schedule E 26051 51 3338 79 6469 34 8004 84 504 91 30303 74 181448 13 1793 75 213545 62 65084 21550 ComptrollerGenerals REPORT S Gross interest on other debts due the com pany Dis on mortgages and loans 33 Gross rent from companys property 3453 33 900 00 34 Total gross interest and rents 35 From other sources Prems pd in adv 70551 cash with app 10525 Com Notes 457020 unused sur value 18458 Title fees R E loans 10145 com agts 33899 41 From agents balances previously charged off 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 48722 72 810 70 4754 78 440 44 39 55 8000 00 44 Total income 341398 C8 IIIDisbursements 1 For death claims 19036 00 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 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes claims 15 Total paid policyholders 16 Expense of investigation and settlement of policy including 28000 for legal expense 19 Paid policyholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 1890502 renewal premiums 400309 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 418900 inspection of risks 82002 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent 19030 00 51 SS 24731 35 405 11 1483 48 45708 12 280 00 4999 20 22908 71 1 IU 177 26 3562 81 7501 07 5009 02 20343 50 1380 00 ComptrollerGeneral s Eeport 28 Advertising 315541 printing and stationery 465451 postage telegraph telephone and express 240771 collections 266 29 Lgal 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 Taxes on persona property Income tax 39 Other disbursements General expense Discount on note 46 Agents balances charged off 49 Total disbursements 551 10220 29 157 48 1168 89 14 60 51 30 699 86 1020 78 90 00 2209 77 222 38 2874 64 4470 20 1329 86 138200 30 IVLedger Assets 1 Book value of real estate per Schedule A 15000 00 2 Mortgage loans on real estate per Sched nle B 532202 05 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 75160 02 4 Loans made to policyholders on this com panys policies assigned as collateral 142500 44 5 Premium notes on policies in force of which 136293 is for first years prem iums 30769 55 6 Book value of bonds 13335000 and stocks 1207500 per Schedule D 145425 00 7 Cash in companys office 320 55 8 Deposits in trust companies and banks not on interest per Schedule E 7 976 08 9 Deposits in trust companies and banks on interest per Schedule B 5 646 63 10 Bills receivable 521591 agents bal ances debit 3601275 credit 22 85600 net 1315675 18372 66 11 Miscellaneous bus 201 63 12 Total ledger assets as per balance Item 50 973574 01 t 552 COMPTROLLERGrENERAL s EePORT NonLedger Assets 13 Interest due 554918 and accrued 2 69064 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest due 110532 and accrued 50181 on collateral loans per Schedule C part 1 16 Interest due 59885 and accrued 1 41136 on premium notes policy loans or liens 17 Interest due 33555 and accrued 13732 on other assets Bills rec Dividends bank stock 8239 82 2185 42 1607 13 2010 21 472 87 310 00 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 16740 28 11666 22 27 Total 28 Deduct loading 28406 50 5107 S5 29 Net amount of uncolleeted and deferred premiums 30 All other assets Supplies stationery printed matter Furniture and fixtures 14825 45 23298 65 3000 00 3621 00 35 Gross assets 1018319 71 Deduct Assets not Admitted 37 Supplies stationery printed matter 3 00000 furniture fixtures and safes 362100 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 6621 on 13156 75 5215 91 4560 63 29554 29 46 Admitted assets S765 42ggijgigU ComptrollerGenerals Report 553 vLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Company on the following tables of mortality and rates of interest viz 2 American Experience table at 3 per cent on modified preliminary term 610522 58 3 American experience table at 3 per cent on full level premium 11929 55 Same for reversionary additions 21984 24 4 Other tables and rates viz American experience table 3 per cent on full preliminary term 39 029 49 TotaI 683465 86 6 Deduct net value of risks of this company reinsured in other solvent companies 9602 40 7 Extra reserve for total and permanent dis ability benefits 283926 for additional accidental death benefits 60702 incld in life policies for redemption of cou pons 107051 4516 81 8 Net reserve 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 13 Claims for death losses reported for which no proofs have been received 6000 00 16 Claims for death losses and other policy claims resisted by the company 1000 00 19 Total policy claimsj 22 Premiums paid in advance including surrender values so applied 23 Unearned interest and rent paid in advance 27 Salaries rents office expenses bills and accounts due or accrued 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 37 Reserve special or surplus funds not included above Cash with application Commercial notes Other com excess items Si 678380 27 756 89 7000 00 705 51 8425 84 1800 00 2000 00 105 25 4570 20 2542 84554 ComptroelerGenekals Eeport 41 All other liabilities 9 Dividends to policybolders unpaid j 46 Capital stock 47 Unaligned funds surplus 988765 42 48 Total Business in the 8lae of Georgia During 1914 Xo Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year o W4ao 18 Policies on the lives of citizens of said State issued during the year 1 1431 2434159 00 19 Total ipiTftSOO 20 Deduct ceased to be in force during the year J9 1138 21 Policies in force Dec 31 1914 1385 23239100 23 Losses and claims incurred during year 25 Losses and claims settled during the year in cash GERMANIA LIFE INSURANCE COMPANY OF NEW YORK N Y t Carl Heve Secretary Hubert Cilhs President Alexander C King Attorney for Service 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 48981400 03 48981400 02 4 Extended at IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 672763 for first year 8 reinsurance 653 32 7 Total first years premiums on original poHcies 653077 32 COMPTROLLERGrEKERAL s BePORT 555 8 Dividends applied to purchase paid up ad ditions and annuities g5 go4 3 9 Surrender values applied to purchase paid up insurance and annuities 165 230 57 10 Consideration for original annuities in volving life contingencies 10 154 00 11 Consideration for total and permanent disability claims allowed 933 96 12 Total new premiums 895200 lg 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 18 72397 for reinsurance on renewals 4863168 69 14 Dividends applied to pay renewal prem lums 449124 38 17 Renewal premiums for deferred annuities 135 58 18 Total renewal premiums 5j312428 65 19 Extra premiums for total and permanent disability bene fitS 8595 86 20 Total premium income 6 216 924 67 21 Consideration for supplementary contracts not involving life contingencies 16376 47 22 Dividends left with the company to accumulate at interest 6514 62 24 Gross interest on mortgage loans per Schedule B less 83915 accrued interest on mortgages acquired during 1914 1299014 80 26 Gross interest on bonds and dividends on stocks less 654090 accrued interest on bonds acquired during 1914 per Schedule D 43g 444 q 27 Gross interest on premium notes policy loans or liens 344 856 31 28 Gross interest on deposifs in trust com panies and banks per Schedule E 3326 86 29 Gross interest on other debts due the com pany Gross interest on advances to aents 932 9 32 Gross discount on claims paid in advance 941 64 33 Gross rent from companys property in cluding 4712690 for companys occu pancy of its own buildings per Schedule A 350737 09 34 Total gross interest and rents 9 43Q 953 66556 ComptrollerGenerals Keport 35 From other sources 1980 g7 Policy fees Recovered on deficiency judgment on account of real estate taken under foreclosure 238047 60 Borrowed money 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule DV j 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 3 22431 for accrual of discount 8931480 81 44 Total income IllDisbursements 1 For death claims less 759000 reinsur ance 165020193 additions 24 160100 uu 96107 2 For matured endowments 179642193 additions 2791437 1W36 3U 3 For total and permanent disability claims 933 Jb 4 Net amounts paid for losses and matured endowments 3500433 26 5 For annuities involving life contingencies 7 Surrender values paid in cash or applied m hquidation of loans or notes 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied u liquidation of loans or notes U Dividends applied to pay renewal premiums see Income 3 3 Dividends appliediopurchase paid up additions and an nuities see Income No 8 V U 14 Dividends left with company to accumulate at interest see Income No 22 5729298 16 15 Total paid policyholders 16 Eense ofinvestigation and settlement of pohev Canns including 99265 for legal expense 11 17 Paid for claims on supplementary contracts not mvolvutg life contingencies 17 Premiums waived by company on account ol total and permanent disability of insured mam ComptbolleeGenebal s Eepoet 557 18 Dividends and interest thereon held on deposit surrender ed during the year 19 Paid stockholders for interest and dividends 20 Commissions to agents less commission on reinsurance First years premiums 27327426 renewal premiums 24010820 annuities original 29034 renewal 548 21 Commuted renewal commissions 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 5085764 inspection of risks 999815 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Kent including 4712690 for companys occupancy of its own buildings 28 Advertising 1699016 printing and stationery 22 23743 postage telegraph telephone and express 39 97297 exchange 410314 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 2240 08 Municipal licenses and fees 2399 31 Miscellaneous fees publications etc 8970 00 39 Other disbursements Traveling expenses of officers and home office employees 1827 81 Association dues 1572 96 Office supplies 7879 02 Insurance papers 1591 84 Legislative expenses 484 03 Interest on loans from banks 7238 02 Sundries 5546 28 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 1023 76 24000 00 513678 28 4225 59 89788 51 272015 53 60855 79 229516 99 47126 90 83303 70 1887 21 10446 66 126511 65 56414 26 49826 48 6513 53 13609 39 26139 96 41852 30 58 40558 ComptrollerGenekals Eepokt 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A Bonds per Schedule D including 427237 for amortiza tion of premium 97401 72 4272 37 49 Total disbursements 7505060 15 IVLedger Assets 1 Book value of real estate per Schedule A 5083545 52 Mortgage loans on real estate per Sched ule B first liens 26979404 20 4 Loans made to policyholders on this com panys policies assigned as collateral 6651880 26 6 Book value of bonds 11400105 07 7 Cash in companys office 870 79 8 Deposits in trust companies and banks not on interest per Schedule E 95972 35 9 Deposits in trust companies and banks on interest per Schedule E 196042 50 12 Total ledger assets as per balance Item 50 50407820 69 NonLedger Assets 13 Interest due 523854 and accrued 453 20877 on mortgages per Schedule B 458447 31 14 Interest due 643092 and accrued 157 53269 on bonds per Schedule D part 1 163963 61 16 Interest due 1383600 and accrued 22 534 93 on premium notes policy loans or liens 36370 93 20 Bents due on companys property or lease 4706 20 21 Total interest and rents due and accrued 663488 05 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 900138 00 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 628301 00 27 Total 1528439 00 28 Deduct loading 22 per cent 343898 78 29 Net amount of uncollected and deferred premiums 1184540 22 35 Gross assets 52255848 96ComptrollerGeneral s Keport Deduct Assets Not Admitted 43 Book value of ledger assets over market value viz Bonds 1143100 48 559 1143100 48 46 Admitted assets 51112748 48 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the New York In surance Department on the following tables of mortality and rates of in terest viz 2 American experience table at 3 per cent on all policies issued prior to Jan 1 1910 except policies issued through the home department subsequent to Dee 31 1901 and prior to Jan 1 1907 and 5 per cent gold bond policies 30874446 00 Same for reversionary additions 431795 00 3 American experience table at 3 per cent on all policies issued subsequent to Dec 31 1909 and policies included in the exceptions above 11737876 00 Same for reversionary additions 39399 00 5 Net present value of annuities including those in reduction of premiums American table of mortality with 3 per cent interest 274 431 00 McClintocks annuitant table of mortality with 3 per cent interest 148846 00 American table of mortality with 3 per cent interest 13599 00 Present value of future premiums waived on account of total and permanent dis ability of insured Hunters disability tables American experience 3 per cent 1034 00 Total 43521426 00 6 Deduct net value of risks of this company reinsured in other solvent companies 87007 00 43434419 00560 ComptrollerGenerals Eeport 7 Extra reserve for total and permanent dis ability benefits 3921 00 T 43438340 00 8 Net reserve v 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed 99736 85 by the company 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de 10885 98 manded 11 Claims for death losses due and unpaid 16528 20 12 Claims for death losses in process of ad justment or adjusted and not due 25677 69 13 Claims for death losses reported for which no proofs have been received 176621 16 14 Reserve for net death losses incurred but foq 60000 00 unreported 15 Claims for matured endowments due and a 60937 58 unpaid 16 Claims for death losses and other policy claims resisted by the company 2380 00 17 Claims for total and permanent disability u fij 2271 45 benefits 18 Due and unpaid on annuity claims involv ing life contingencies 346 347883 80 19 Total policy claims 21 Dividends left with the company to accumulate at interest and accrued interest thereon 23866 23 22 Premiums paid in advance including surrender values so 21400 90 23 Unearned interest and rent paid in advance 98070 37 25 Commissions to agents due or accrued 27 Salaries rents office expenses bills and accounts due or 4984 61 accrued 28 Medical examiners fees 333100 and legal fees 430 75 3761 75 due or accrued 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 59744 3 31 Borrowed money 238047 60 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 192406 87 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or 607000 00 otherwise COMPTROLLERGrENERAL s REPORT 561 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 410098 84 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 3 3408420 86 ii Reserve special or surplus funds not included above 38 Extra reserve for absolute war and world policies 150988 40 49122619 68 46 Capital stock 2Q0 0Q 47 Unassigned funds surplus j 790 128 80 48Total 51112748 48 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 900 1461764 00 18 Policies on the lives of citizens of said State issued during the year m 166500 00 19 Total 1011 1628264 00 20 Deduct ceased to be in force during the year 103 200 071 00 21 Policies in force Dec 31 1914 908 1428193 00 22 Losses and claims unpaid Dec 31 of previous year 2 4000 00 23 Losses and claims incurred during year 16 20 419 63 24 TotaI 18 24419 63 25 Losses and claims settled during the year in cash 17 23419 63 26 Losses and claims unpaid Dec 31 1914 1 000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 45 642 96562 ComptrollerGenerals Report HOME LIFE INSURANCE COMPANY OF NEW YORK N Y George E Ide President Ellis H Gladwin VieePres and Secy Win A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 125000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 28791019 88 4 Extended at 28791019 88 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 2111687 for first years reinsurance 7 Total first years premiums on original 400050 Irf policies 8 Dividends applied to purchase paid up ad ditions and annuities 8 Matured divid end applied additions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 10 Consideration for original annuities in volving life contingencies 11 Consideration for supplementary contracts involving life contingencies 406330 13 291568 89 3691 16 245 69 32496 80 24872 48 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 64 97816 for reinsurance on renewals 14 Dividends applied to pay renewal prem iums 15 Dividends applied to shorten the endow ment or premiumpaying period 16 Surrender values applied to pay renewal premiums 17 Renewal premiums for deferred annuities 759205 15 226674 44 36 74 18 Total renewal premiums 3472358 68ComptrollerGenerals Report 563 19 Extra premiums for total and permanent disability bene fits 2400 71 20 Total premium income io9q r n r 4Jdd94 54 81 Consideration for supplementary contracts not involving 22 TV CnwenCeS 35634 32 7 11 WUh toe comPany t accumulate at interest 14570 86 22 Matured divd endowts left with the company to ac cumulate at interest 1 185 67 24 Gross interest on mortgage loans per Schedule B 348580 M 26 Gross interest on bonds and dividends on stocks less 651624 accrued interest on bonds acquired during 1914 per Sched uIe D 690791 26 27 Gross interest on premium notes policy loans or liens 291 248 79 28 Gross interest on deposits in trust com panies and banks per Schedule E 6 701 16 29 Gross interest on other debts due the com pany Interest on agents advances agents bank accts and miscel 1 706 73 Gross interest for extension of premiums 9 834 37 32 Gross discount on claims paid in advance 278 81 33 Gross rent from companys property in cluding 3000000 for companys occu pancy of its buildings per Sched ule A 87179 19 34 Total gross interest and rents 1 436 30 62 35 From other sources Income tax withheld by company 776 67 Reserve on policies reinsured deposited with company 7631 55 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 8 65321 for accrual of discount 8 653 21 44 Total income 5738737 44 IIIDisbursements 1 For death claims less 510000 reinsur ance 130072837 additions 20500 1300933 37 2 For matured endowments 25387800 ad ditions 23381036 487 688 36 2 Matured divd endowts left to ace at interest see Income 22 185 57 4 Net amounts paid for losses and matured endowments 1789807 40564 ComptrollerGenerals Report 49856 13 5 For annuities involving life contingencies Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay renewal premiums see Income No 16 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 12 Dividends applied to shorten the endowment or premium paying period see Income No 15 13 Dividends applied to purchase paid up additions and an nuities see Income No 8ll f 14 Dividends left with company to accumulate at interest see Income No 22 3110507 42 15 Total paid polieyliolders 16 Expense of investigation and settlement of policy claims including 164044 for legal expense 17 Paid for claims on supplementary contracts not lg life contingencies 18 Dividends and interest thereon held on depoS1t surrender ed during the year VVa 15000 00 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on nsuranee First years premiums 17312578 renewal premiums 24423856 annuities original 113276 renewal 106677 2i8 61 21 Commuted renewal commissions IrviVors 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 3258 24 Branch office expenses including salaries of managers and clerks not included in item 22 1 M 9qS54 50 inspection 01 risks 25 Medical examiners fees 29do4ou mspe dn QIC 37 26 Salaries and ail other compensation of officers directors trustees and home office employees 1 at qowi0 0O for companys occupancy 01 27 Rent including sjuuwuuu 1 30000 00 its own buildings OS Advertising 1706130 printing and stationery 13 Z 76 postage legraph telephone and express 7 99824 exchange 80859 5W 11 29 Legal expense not included in item 16 Jg 30 Furniture fixtures and safes U 31 Repairs and expenses other than taxes on real estate 82 Taxes on real estateComptrollerGeneral s Eeport 565 33 State taxes on premiums 34 Insurance department licenses and fees 35 All other licenses fees and taxes Federal corporation tax Tax on reserves 39 Other disbursements Investment expenses rent of vault etc Traveling expenses of officers and home office emp Legislative and other exp pd through Ass Life Ins Pres 43 Miscellaneous expenses Expense of examination by ins dept Profit and loss real estate 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 10 78875 for amortization of premium 54127 96 8492 79 11320 10 2640 51 1050 06 2184 15 1133 56 6921 34 3669 75 6072 53 10788 75 49 Total disbursements 4 igo 349 gj IVLedger Assets 1 Book value of real estate per Schedule A 1458000 00 2 Mortgage loans on real estate per Sched ule B 6854535 00 4 Loans made to policyholders on this com panys policies assigned as collateral 4596793 11 5 Premium notes on policies in force of which 251350 is for first years prem iums 6 Book value of bonds 1496287839 and stocks 131845902 per Schedule D 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable 823732 agents bal ances debit 952176 credit 18666 net 933510 17572 42 11 Suspense acct 12 Nat Bank Pittsburgh Pa 1483 04 665520 83 16281337 41 10739 04 470926 62 12 Total ledger assets as per balance Item 50 30348907 47 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 28886 48 14 Interest accrued on bonds per Schedule D part 1 206214 08566 ComptrollerGenerals Eeport 16 Interest due 2031836 and accrued 19262 on premium notes policy loans or liens 17 Interest on other assets Interest accrued Banks and trust cos 20 Rents due 199875 and accrued 2 08334 on companys property or lease 20510 98 1012 31 4082 09 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 2630i4il 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance 353992 44 premiums 260705 94 617067 15 139902 76 27 Total 28 Deduct loading 29 Net amount of uncollected and deferred premiums 35 Gross assets Deduct Assets Not Admitted 31086777 80 38 Agents debit balances gross 40 Bills receivable 43 Book value of ledger assets over market value viz Bonds 19676100 stocks 24100902 9521 76 8237 32 437770 02 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the New York Ins Dept on the following tables of mor tality and rates of interest viz 1 Actuaries table at 4 per cent on life end and term pol with continuous or ltd premiums with or without par endt or return prem feature par or non par issue 18001900 inc10146378 00 Same for reversionary additions 140303 00 455529 10 30631248 70ComptrollerGeneral s Report 2 American experience table at 3 per cent on same classes as above issues of 1901 907 inc 9628941 00 Same for reversionary additions 2667 953 00 3 American Experience table at 3 per cent on life endt and term pol with conts or ltd prems with or without a return prem feature par issues of 18941914 inc 4719215 00 Same for reversionary additions 14 681 00 5 Net present value of annuities including those in reduction of premiums Actuaries table at 4 per cent 220 373 00 Am exp table at 3 per cent 218937 00 McClintocks table at 3 per cent 131145 00 Total 27887926 00 6 Deduct net value of risks of this company reinsured in other solvent companies 235256 00 567 10 12 13 14 15 16 18 19 21 27652670 00 Extra reserve for total and permanent dis ability benefits i300 00 Net reserve 27653970 00 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 236572 00 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 7253 83 Claims for death losses in process of ad justment or adjusted and not due 1626 62 Claims for death losses reported for which no proofs have been received 97848 43 Reserve for net death losses incurred but unreported 20000 00 Claims for matured endowments due and unpaid 10116 60 Claims for death losses and other policy claims resisted by the company 7000 00 Due and unpaid on annuity claims involv ing life contingencies 106 79 Total policy claims 136698 44 Dividends left with the company to accumulate at interest and accrued interest thereon 52 105 28568 ComptrollebGenebals Eepoet 22 Premiums paid in advance including surrender values so t t 41899 63 applied 23 Unearned interest and rent paid in advance 16102 il 25 Commissions to agents due or accrued 906 9 27 Salaries rents office expenses bills and accounts due or 1500 00 accrued 8 Medical examiners fees 60000 and legal fees 100000 j 1600 00 due or accrued 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year i 57000 00 of this statement 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de t 21 88 37 ferred premiums 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or 125000 00 otherwise 37 Reserve special or surplus funds not included above Income tax withheld by company 7i I Reserve on policies reinsured deposited with company 7631 o5 41 All other liabilities Present value of dividends applied to shorten prem paying period 12o000 OU 46 Capital stock 47 Unassigned funds surplus iioo o 48 Total 3631248 70 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 35 1915985 00 18 Policies on the lives of citizens of said State issued during the year61 166097 21 w Total 796 2082082 21 2o Deduct ceased to be in force during the year 60 142164 21 21 Policies in force December 31 1914 736 1939918 00 22 Losses and claims unpaid Dec 31 of previous 1 1000 00 year v 23 Losses and claims incurred during year 6 20878 1 24Total 7 2187821ComptrollerGeneral s Report 569 25 Losses and claims settled during the year in cash 26 Losses and claims unpaid Dec 31 1914 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 6 1 19378 21 2500 00 67322 08 ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO ILL Home Office 3 0 So La Salle St Chicago Illinois James W Stevens President Oswald J Arnold Secretary J C Tumlin Attorney for Service 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 10182680 30 4 Extended at 10l82680 30 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 2116612 for first years reinsurance 467890 53 7 Total first years premiums on original policies 467890 53 8 Dividends applied to purchase paid up ad ditions and annuities 2 060 04 9 Surrender values applied to purchase paid up insurance and annuities 35821 97 12 Total new premiums 505 772 54 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 30 83432 for reinsurance on renewals 1726236 41 14 Dividends applied to pay renewal prem iums 14846 60 18 Total renewal premiums 1 741 083 01570 CompteollebGeneeals Repobt 19 Extra premiums for total and permanent disability bene fits 2247699 60 20 Total premium income v 21 Consideration for supplementary contracts not involving life contingencies 24 Gross interest on mortgage loans per Schedule B less 6528400 accrued in terest on mortgages acquired during 1914 83901 64 25 Gross interest on collateral loans per Schedule C 96090 33 26 Gross interest on bonds and dividends on stocks less 75001 accrued interest on bonds acquired during 1914 per Sched n 180032 00 ule D 7 Gross interest on premium notes policy 106135 53 loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 3058 A 29 Gross interest on other debts due the com pany Deferred premiums fM 0 Sundry interest wm 4 30 Gross discount on claims and surrenders j 451 08 paid in advance 33 Gross rent from companys property 51136 551458 44 34 Total gross interest and rents 42 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 250 for accrual of discount 2805445 87 44 Total income IllDisbursements 1 For death claims less 1820000 reinsur ance 59090657 additions 2959072 620497 29 9 For matured endowments 4079166 ad ditions 106287 4184 3 4 Net amount paid for losses and matured endowments 662351 82 5 For annuities involving life contingencies 29 965 27 6 Premium notes and liens voided by lapse 7 Surrender values paid in cash or applied in liquidation of loans or notes ComptrollerGeneral s Report 571 8 Interest gold bonds 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 35 S9 97 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 44 882 13 11 Dividends applied to pay renewal premiums see Income 19 pN UJ 14846 60 12 Purchased rev additions 1 00 86 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 2 060 04 15 Total paid policvholders 98 102 57 16 Expense of investigation and settlement of policy claims including 30548 for legal expense 2 410 26 17 Paid for claims on supplementary contracts not involving life contingencies 4 331 19 Paid stockholders for interest or dividends eooOO 00 20 Commissions to agents less commission on reinsurance First years premiums 32711792 renewal premiums 10240363 bonus 1690487 446 426 42 22 Compensation for managers and agents not paid by com missions for services in obtaining new insurance 13025 00 23 Agency supervision and traveling expenses of super visors except compensation for home office supervision 9995 24 24 Branch office expenses including salaries of managers and clerks not included in item 22 13 156 59 25 Medical examiners fees 2901961 inspection of risks M 8W9 37869 80 Zb balanes and all other compensation of officers directors trustees and home office employees 14g 735 05 zz 3041519 28 Advertising 1479156 printing and stationery 1728111 postage telegraph telephone and express 992888 exchange 169644 zm 99 29 Legal expense not included in item 16 7294 92 30 Furniture fixtures and safes 3971 39 31 Repairs and expenses other than taxes on real estate 6163 47 32 Taxes on real estate j 576 jo 33 State taxes on premiums 15 ggj 74 34 Insurance department licenses and fees 2 700 56 35 All other licenses fees and taxes 36 Federal corporation tax 85659 rev stamp tax 6262 pers tax 75413 2 g73 34 Col of premiums 241878 disct on prems 2871 2447 49 Municipal lipfcnses 304 75 39 Other disbursements Incidental expense 6 58187 Investment expense oiq 00572 ComptrollerGenerals Eeport Legislative expense Mortgage expense Assn of life ins presidents Losses on investments 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 6o990 for amortization of premium 264 13 45 51 618 47 11000 00 208 52 659 90 49 Total disbursements 2063855 38 IVLedger Assets 1 Book value of real estate per Schedule A 1023385 22 2 Mortgage loans on real estate per Sched ule B first liens 148844128 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 2042692 oO 4 Loans made to policyholders on this com panys policies assigned as collateral 200006 25 5 Premium notes on policies in force 3559 64 6 Book value of bonds 126187595 and stocks 251259539 per Schedule D 374471 34 7 Cash in companys office 1881a 9 Deposits in trust companies and banks on interest per Schedule E 387874 39 10 Agentsbalances debit 18867670 credit 372240 net 18495430 18494 3 12 Total ledger assets as per balance Item 50 10924270 79 NonLedger Assets 13 Interest due 514384 and accrued 21 01128 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C part 1 16 Interest accrued on premium notes policy loans or liens 17 Interest accrued on other assets 26155 12 7995 84 20418 72 7963 71 600 65 l Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 63134 04 76114 78ComptrollerGeneral s Report 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D 24 Due from other companies for losses or claims on policies of this company reinsured New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 14900 92 258924 52 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 6468 32 140785 35 27 Totals 21369 24 399709 87 28 Deduct loading 17717 84 47217 12 29 Net amount of uncollected and deferred premiums 3651 40 573 200793 16 2161 60 352492 75 356144 15 35 Gross assets 11622618 52 Deduct Assets Not Admitted 38 Agents debit balances gross 188676 70 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 30345 71 46 Admitted assets i 403 596 u VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Illinois Insur ance Dept on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent 7160461 00 Same for reversionary additions 54708 00 2 American experience table at 31 per cent 2435326 00 Same for reversionary additions 135551 00 5 Net present value of annuities including those in reduction of premiums 374 00 Total 9786420 00574 ComptrollerGenerals Report 6 Deduct net value of risks of this company reinsured in other solvent companies 7 Extra reserve for total and permanent dis ability benefits 30839 00 422 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by tihe company 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 15 Claims for matured endowments due and unpaid 16 Claims for death losses and other policy claims resisted by the company 9756003 00 41515 05 26123 00 34445 27 1371 00 2500 00 19 Total policy claims 22 Premiums paid in advance including surrender values so applied 23 Unearned interest and rent paid in advance 27 Salaries rents office expenses bills and accounts due or accrued 28 Medical examiners fees 242867 and legal fees 36400 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 polieyholders including those contingent on payment of outstanding and de ferred premiums 34 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to polieyholders during 1915 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon optional endowment policies not included in Item 35 37 Reserve special or surplus funds not included above Special reserves to cover annuity credits available on future premiums Special reserve to cover credits on reinsured policies 64439 27 11659 23 32533 42 10864 62 2792 67 15550 21 5454 26 20339 78 50890 99 118851 92 2449 32 2651 28w ComptrollerGeneral s Eeport 575 41 All other liabilities Aggregate of accumulated survivor ship investment funds held awaiting apportionment upon survivorship investment and survivorship bonus policies in accordance with the terms thereof 262 423 90 1039818 92 46 Capital stock 0Q 4 Unassigned funds surplus 505 177 19 48T0tal 11403596 11 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 3376302 00 18 Policies on the lives of citizens of said State issued dur ing the year 1162886 00 19 Total 4539188 00 20 Deduct ceased to be in force during the year 1 029 301 00 21 Policies in force December 31 1914 3 509 887 00 22 Losses and claims unpaid December 31 of previous year 6000 00 23 Losses and claims incurred during year 24 390 78 24 Total 30390 78 25 Losses and claims settled during the year in cash 23 28878 by compromise 100000 24 288 78 26 Losses and claims unpaid December 31 1914 6 102 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 73 278 28 INDEPENDENT LIFE OF AMERICA OF NASHVILLE TENN Paul Eoberts President M J McGuire Secretary Insurance Commissioner Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 202695 00576 CompteollebGeneeals Repoet 2 Amount of ledger assets as per balance Dee 31 of previous year 569706 14 3 Increase of capital during the year 1760 00 4 Extended at IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 114563 for first years reinsurance 21830 93 12 Total new premiums v 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 60268 for reinsurance on renewals 37164 15 14 Dividends applied to pay renewal prem 259 59 mms U Renewal premiums on industrial policies 10829o 93 18 Total renewal premiums 20 Total premium income 24 Gross interest on mortgage loans per Schedule B 25 Gross interest on collateral loans per Schedule C 26 Gross interest on bonds and dividends on stocks 27 Gross interest on premium notes poliey loans or liens S3 Gross rent from companys property in cluding 178000 for companys occu pancy of its own buildings per Sched ule A 34 Total gross interest and rents 35 From other sources Sale fire maps taken in consolidation with Western At lantic Fire Ins Co 3635 61 45 77 626 92 789 31 53868 34 910 00 41 From agents balances previously charged off 44 Total income 371466 14 21830 93 145719 67 167550 60 58965 95 910 00 75 74 227502 29I CompteolleeCtenebals Eepoet IIIDisbursements 1 For death claims 3g lg6 52 577 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 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 87100 for legal expense 20 Commissions to agents less commission on reinsurance First years premiums 1483681 renewal premiums 82459 21 renewal commissions on industrial policies 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 canpensation for home office supervision 24 Branch office expenses including salaries of managers and clerks not included in item 22 25 Medici examiners fees 269050 inspection of risks 55600 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Kent including 178000 for companys occupancy of its own buildings 28 Advertising 80730 printing and stationery 272070 postage telegraph telephone and express 84039 ex change 3420 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 30 00 County and State taxes on capital stock 4258 13 City taxes on capital stock 5 248 35 Miscellaneous 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assets viz 35156 52 11247 89 5508 45 259 59 52172 45 1178 50 15661 40 55267 77 1291 66 10696 44 2424 86 3246 50 11902 29 1780 00 4402 59 1028 22 57 00 20097 45 412 00 2652 76 9536 48 49959 87 5701 63578 ComptrollerGenerals Report o u j i t 450 00 Bonds per Schedule D Stocks per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 22398 32 Stocks per Schedule D 17 d 974 908 19 40 Total disbursements IVLedger Assets 1 Book value of real estate less 19000000 incumbrances per Schedule A 35249952 2 Mortgage loans on real estate per Sched ule B first liens 88025 05 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 2000 00 4 Loans made to polieyholders on this com panys policies assigned as collateral 12584 58 5 Premium notes on policies in force o249 87 6 Book value of bonds 195972 and stocks 1050000 per Schedule D 12459 72 7 Cash in companys office 7S 69 8 Deposits in trust companies and banks not on interest per Schedule E 5728 05 9 Deposits in trust companies and banks on interest per Schedule E 5600 00 10 Bills receivable 424484 agents balances debit 546518 9710 02 11 Other assets 30026 74 12 Total ledger assets as per balance Item 50 524760 24 NonLedger Assets 13 Interest due 107550 and accrued 1 11507 on mortgages per Schedule B 14 Interest on bonds per Schedule D part 1 15 Interest on collateral loans per Schedule C part 1 16 Interest on premium notes policy loans or liens 17 Interest on other assets 20 Rents on companys property or lease 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 2190 57 68 00 36 45 186 84 2273 45 6457 26 4646 66 10212 57ComptbollebGteneeals Eepoet 579 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 2694 46 27 Total 28 Deduct loading 7341 12 2721 34 29 Net amount of uncollected and deferred premiums 30 All other assets Furniture fixtures and safes etc 35 Gross assets Deduct Assets Not Admitted 37 Furniture fixtures and safes 4 28 Agents debit balances gross 40 Loans on personal security endorsed or not 5000 bills receivable 424484 45 Other assets 2212 00 5465 18 4294 84 28185 53 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Actuary on the following tables of mortality and rates of interest viz Actuaries table at 4 per cent on 11 indus trial policies issued 1908910111213 according to New York rules governing industrial reserves 61 575 48 2 American Experience table at 3 per cent on all ordinary policies issued 1908910 H121314 97955 79 1 Total 159531 27 6 Deduct net value of risks of this company reinsured in other solvent companies 1731 02 8 Net reserve 12 Claims for death losses in process of ad justment or adjusted and not due 2000 00 4619 78 2212 00 541804 59 40157 55 501647 04 157800 25 19 Total policy claims 2000 00580 ComptkollebGeneeals Eepoet 27 Salaries rents office expenses bills and accounts due or 28 Medical examiners fees 26900 and legal fees 33334 due or accrued 99 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement Q0 41 All other liabilities misc 189320 89 202695 00 46 Capital stock 109 631 15 47 Unassigned funds surplus 501647 04 48 Total Business in the State of Georgia During 1914 No Amount 18 Policies on the lives of citizens of said State issued during the year J 17 30000 00 i9 Totali i7 3000000 21 Policies in force Dec 31 1914 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses INDIANA NATIONAL LIFE INSURANCE COMPANY OF INDIANAPOLIS IND Chas D Eeniek President C B Marshall Secretary E C Lester Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 394500 00 Amount of ledger assets as per balance Dec 31 of previous year 748029 69 3 Increase of capital during the year 27620 00 4 Extended at 775649 69ComptrollerGeneral s Report 581 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 25501 for first years reinsurance 81550 96 I ltal r PremiumS 7 81550 96 Id Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less o8369 for reinsurance on renewals 163794 16 3 4 Dividends applied to pay renewal prem iums 16 Surrender values applied to pay renewal premiums 17 20 18 Total renewal premiums t n 1 130 06 20 Total premium income 954 628 02 22 Dividends left with the company to accumulate at interest 453 18 24 Gross interest on mortgage loans per Schedule B less 6825 accrued interest on mortgages acquired during 1914 15 190 17 25 Gross interest on collateral loans per Schedule C 10 00 26 Gross interest on bonds and dividends on stoeks 317 32 2 Gross interest on premium notes policy loans or liens 4 559 14 28 Gross interest on deposits in trust com panies and banks per Schedule E less 52439 accrued interest on cert of dep acquired in 1914 1 181 60 29 Gross interest on other debts due the com pany Int on stock notes 128 96 Commission on mortgage loans 940 50 33 Gross rent from companys property in cluding 300000 for companys occu pancy of its own buildings per Sched ule A 8512 14 34 Total gross interest and rents 30 839 83 35 From other sources frpus 1170068 Investment expense C9Cl 0 Stock options 910 44 Total income 30200 76582 ComptbollerGtenebals Eepoet IIIDisbursements 1 For death claims 36199 00 4 Net amount paid for losses and matured endowments 6 Premium notes and liens voided by lapse less 80585 restorations 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay renewal premiums see Income No 16 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 14 Dividends left with company to accumulate at interest see Income No 22 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 29900 for legal expense 19 Paid stockholders for interest or dividends 20 Commissions to agents 25 Medical examiners fees 560800 inspection risks 1 21847 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Bent including 300000 for companys occupancy of its own buildings J 28 Advertising 90963 printing and stationery l49o03 postage 94934 exchange 870 29 Legal expense 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 35 All other licenses fees and taxes Federal corporation tax Municipal licenses and franchise tax 39 Other disbursements ctuarial services 94250 com in stock 90000 return ed checks 24837 misc expense 78217 trav exp 213100 taxes personal property 66080 36199 00 4798 24 14741 61 17 20 18 05 9265 70 4453 18 69492 98 49 Total disbursements 299 00 25411 95 89504 15 6826 47 15291 00 3000 00 3362 70 1200 00 3818 31 1801 52 1014 71 667 89 307 30 375 H 5664 84 228037 82ComptrollerGeneral s Eeport 583 IVLedger Assets 1 Book value of real estate 275 000 00 2 Mortgage loans on real estate per Sched ule B first liens 36925920 other than first liens Vendon lien 112000 370379 20 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 1750 00 4 Loans made to policyholders on this com panys policies assigned as collateral 73063 78 5 Premium notes on policies in force 24 557 34 6 Book value of bonds 8 000 00 7 Cash in companys office 2 547 82 8 Deposits in trust companies and banks not on interest per Schedule E 33138 36 9 Deposits in trust companies and banks on interest per Schedule E 46 824 00 10 Stock notes 273099 agents balances debit 614913 8880 12 11 Furniture and fixtures 539361 returned checks repaid in June 1915 17840 5572 01 12 Total ledger assets as per balance Item 50 849712 63 NonLedger Assets 13 Interest due 247718 and accrued 6 01632 on mortgages per Schedule B 8493 50 14 Interest accrued on bonds per Schedule D Part 140 00 15 Interest accrued on collateral loans per Schedule C part 1 18 57 16 Interest accrued on premium notes policy loans or liens 4oj oj 17 Interest on other assets Interest due certificate of deposit 678 89 Interest due stock notes 156 19 20 Rents due 158 00 21 Total interest and rents due and accrued 10 049 06 New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 56735 87 12364 47 26 Gross deferred premiums on policies in force Dec584 ComptbolleeGenebals Repoet 31 1914 less reinsur ance premiums 27 Totals 56735 87 28 Deduct loading 42551 90 2928 33 15292 80 1529 28 29 Net amount of uncollected and deferred premiums 14183 97 13763 52 294 49 35 Gross assets 37709 18 Deduct Assets Not Admitted 37 Furniture fixtures and safes 38 Agents debit balances gross 41 Premium notes and loans on policies and net premiums m Item 29 in excess of the net value of their policies 5393 61 6149 13 10902 37 46 Admitted assets YLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables or mortality and rates of interest viz 2 American experience table at 3 per cent Same for reversionary additions 49655 41 3 American experience table at 3V per cent Same for reversionary additions 389131 4 Total 6 Deduct net value of risks of this company reinsured in other solvent companies 7 Kxtra reserve for total and permanent dis ability benefits 438786 95 1292 27 437494 68 1871 37 8 Net reserve 21 Dividends left with the company to accumulate at interest and accrued interest thereon 23 Unearned interest and rent paid in advance 22445 11 865264 07 439369 05 14540 20 1777 42ComptrollerGenerals Eeport 585 27 Salaries rents office expenses bills and accounts due or accrued 28 Medical examiners fees 91 61 29 Estimated amount hereafter payable forFederal State and other taxes based upon the business of the year of this statement 46 Capital stock 9973 28 47 Unassigned funds surplus JJJJ JJ 48 Total 865264 07 Business in the State of Georgia Duing 1914 17 rr 21 No Amount 17 loheies on the lives of citizens of said State in force Dec 31 of previous year 171 318 500 00 18 1 olicies on the lives of citizens of said State issued revived and increased during the year 121 205000 00 19 Total 9n t J 292 523500 00 20 Deduct ceased to be in force during the year 123 220000 00 21 Policies in force Dec 31 19149 ToT 22 Losses and claims unpaid Dec 31 of previous year 9 T 2 2000 00 Losses and claims incurred during year 1 1 000 0Q 24 Total 3 3000 00 25 Losses and claims settled during the year in cash 3 3000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 6 070 01586 ComptrollerGenerals Report INTERNATIONAL LIFE INSURANCE COMPANY OF ST LOUIS MO Massey Wilson President W F Grantges Secretary H W Campbell Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 325000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 3501501 22 4 Extended at 3501501 22 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 522216 for first years reinsurance 242074 24 6 Surrender values applied to pay first years premiums 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 32 76 242707 00 97 08 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 17 83943 for reinsurance on renewals 1016933 2 14 Dividends applied to pay renewal prem iums 10 Surrender values applied to pay renewal premiums 242804 OS 91321 14 910 23 18 Total renewal premiums 1109161 65 1351968 73 3000 00 20 Total premium income 21 Consideration for supplementary contracts not involving life contingencies 22 Dividends left with the company to accumulate at interest 1289 87 2 Ledger assets other than premiums received from other companies for assuming their risks 8L944i 10mmm ComptrollerGenerals Keport 587 24 Gross interest on mortgage loans per Schedule B less 309378 accrued inter est on mortgages acquired during 1914 157754 94 25 Gross interest on collateral loans per Schedule C 2 643 49 26 Gross interest on bonds and dividends on stocks less 3083 accrued interest on bonds acquired during 1914 per Sched lle D 22904 57 27 Gross interest on premium notes policy loans or liens 30043 63 28 Gross interest on deposits in trust com panies and banks per Schedule E 4475 48 29 Gross interest on other debts due the com pany Interest on back prems 312 61 Interest on bills rec 1 424 75 33 Gross rent from companys property 47 50 34 Total gross interest and rents 219 606 97 35 From other sources Fund for liquidating stock of rein sured company 72 115 67 41 From agents balances previously charged off 2332 18 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 4138 39 Bonds per Schedule D 137 50 44 Total income 2545578 47 IIIDisbursements 1 For death claims less 1500000 reinsur ance 183172 70 3 For total and permanent disability claims 36098 and for additional accidental death benefits 3750 398 48 4 Net amounts paid for losses and matured endowments 183571 18 5 For annuities involving life contingencies 220 00 6 Liens voided by lapse 801 80 7 Surrender values paid in cash or applied in liquidation of loans or notes 99 999 99 8 Surrender values applied to pay new premiums see In come No 6 3276 to pay renewal premiums see In come No 16 91023 942 99 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 689 04588 ComptbollebGeneeals Eepobt 11 Dividends applied to pay renewal premiums see Income No 14 91321 U 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at inter est see Income No 22 78 t 474 9i3 45 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims 1420 a 17 Paid for claims on supplementary contracts not involving 7o6 00 life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 19 Paid stockholders for interest or dividends V 20 Commissions to agents less commission on reinsurance First years premiums 18458839 renewal premium 4222551 22 Compensation for managers and agents not paid by com mission for services in obtaining new insurance WVl 6 23 Agency supervision and traveling expenses of super visors except compensation for home office supervs i 0o6 18 ion 24 Branch office expenses including salaries of managers and clerks not included in item 22 95 Medical examiners fees 1973933 inspection of risks 2oOOo oo 5 82925 26 Salaries and all other compensation of officers directors trustees and home office employees 78o0 30 27 Rent 28 Advertising 496109 printing and stationery 1072139 postage telegraph telephone and express 92888 exchange 136088 5g 29 Legal expense not included in Item 16 30 Furniture fixtures and safes 32 Taxes on real estate gg 33 State taxes on premiums gg 34 Insurance department licenses and fees 35 All other licenses fees and taxes Municipal personal property and misc taxes 39 Other disbursements Q 0Q For retiring stock of reinsured cos Suspense 10 9U 90 Expense mtg loans g g4g 4g Incidental expense 29g9 4Q Interest on bills payable l3 Special income 4o830 76 46 Agents balances charged ort COMPTROLLEKGrENERAL s REPORT 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Mtg loans 589 36 00 1451 25 49 Total disbursements 1668533 52 IVLedger Assets 1 Book value of real estate per Schedule A 81105 31 2 Mortgage loans on real estate per Sched ule B first liens 2869120 74 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 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 per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable 1928060 agents bal ances debit 8462017 credit 1 86787 net 8275230 68884 95 613121 69 61147 98 442442 50 5834 91 14723 74 120131 45 102032 90 12 Total ledger assets as per balance Item 50 4378546 17 NonLedger Assets 13 Interest due 282364 and accrued 75 40686 on mortgages per Schedule B 103643 27 14 Interest due 40200 and accrued 806493 on bonds per Schedule D part 1 8466 93 15 Interest due 3609 and accrued 279994 on collateral loans per Schedule part 1 2836 03 16 Interest accrued on premium notes policy loans or liens 1 H8 08 17 Interest accrued companys 25262 bank 26614 gig 76 21 Total interest and rents due and accrued 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D 24 Due from other companies for losses or claims on policies of this company reinsured 116583 07 8669 50 1000 00590 ComptrollerGenerals Eeport 25 Gross premiums due and unreported on policies in force Dec 31 1914 less rein surance premiums 26 Gross deferred premiums on policies in force Dee 31 1914 less reinsurance premiums 89458 66 34789 50 27 Totals 28 Deduct loading 124248 16 35627 52 29 Net amount of uncollected and deferred premiun 35 Gross assets Deduct Assets Not Admitted 38 Commuted commissions 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 42 Overdue and accrued interest on bonds in default 43 Book value of ledger assets over market value viz Bonds 242200 collateral loans 665000 cash in suspended banks 1139788 84620 17 16880 60 8166 44 105 00 88620 64 4593419 38 20469 88 46 Admitted assets 4463177 29 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Actuary on the following tables of mortality and rates of interest viz 2 American experience table at 3V2 per cent on West Virginia Standard 3017139 00 Same for reversionary additions 1 71 00 5 Net present value of annuities including those in reduction of premiums McClintocks female annuities at Wi per cent 181000 MeAdams disability benefits 230800 411800 Total 3038328 00 ComptrollerGeneral s Report 591 6 Deduct net value of risks of this company reinsured in other solvent companies 18411 00 7 Extra reserve for total and permanent dis ability benefits 5155700 and for ad ditional accidental death benefits 13300 included in life policies 51 690 00 preserve m 0Q 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 10250 0Q 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded R71 n 12 Claims for death losses in process of ad justment or adjusted and not due 7000 00 13 Claims for death losses reported for which no proofs have been received 21 500 00 16 Claims for death losses and other policy claims resisted by the company 11 319 20 19 Total policy claims gg ojq q 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 227 823 81 22 Premiums paid in advance including surrender values so aPPied 7743 44 23 Unearned interest and rent paid in advance 16 131 63 24 Commissions due to agents on premium notes when paid 2062 41 25 Commissions to agents due or accrued 452 62 26 Cost of collection on uncollected and deferred prem iums in excess of the loading thereon 816 27 27 Salaries rents office expenses bills and accounts due or accrued 3380 02 28 Medical examiners fees 122700 and legal fees 3 5O000 due or accrued 4 727 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 23 088 39 Stockholders dividend fund 100 000 00 37 Reserve special or surplus funds not included above Special income 14 226 36 Due stockholders of reinsured cos 72 115 67 Stockholders dividend fund 100 000 00 41 All other liabilities Reinsurance premiums 1 509 07 Suspense 2108 56592 ComptrollerGenerals Eepoet 525000 00 46 Capital stock 47 TJnassigned funds surplus i0 48 Total 4463177 29 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 711 1230794 00 18 Policies on the lives of citizens of said State issued during the year j2 388689 00 19 Total 923 1619483 00 20 Deduct ceased to be in force during the year 154 282576 00 21 Policies in force Dec 31 1914 769 1336907 00 23 Losses and claims incurred during year 8 17000 00 5 Losses and claims settled during the year in cash 8 1700000 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses Apr 30 to Dec 31 1914 29119 15 INTERSOUTHERN LITE INSURANCE COMPANY OF LOUISVILLE KY James E Duffin President George G Summers Secretary Win A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 816704 18 IVLedger Assets 1 Book value of real estate less 39486902 incumbrances per Schedule A 1122919 46 0 Mortgage loans on real estate per Sched ule B 1100503 96 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 139018 22ComptrollerGenerals Eeport 593 4 Loans made to policyholders on this com panys policies assigned as collateral 845308 24 5 Premium notes on policies in force of which 4746332 is for first years prem iums 120009 58 6 Book value of bonds 12520875 and stocks 4002500 per Schedule D 165233 75 7 Cash in companys office 1 035 61 8 Deposits in trust companies and banks not on interest per Schedule E 104684 86 9 Deposits in trust companies and banks on interest per Schedule E 13 620 36 10 Bills receivable 299608 agents balances debit 10479602 credit 261628 net 10219734 105175 82 12 Total ledger assets as per balance Item 50 3717509 46 NonLedger Assets 13 Interest due 1336149 and accrued 16 82117 on mortgages per Schedule B 33182 66 14 Interest accrued on bonds per Schedule D Part 1 2704 99 15 Interest due 1145924 and accrued 2 04294 on collateral loans per Schedule C part 1 13502 18 16 Interest accrued 206345 on premium notes policy loans or liens 2063 45 17 Interest accrued on other assets 8701 time deposits 53226 619 27 20 Rents accrued on companys property or lease 7447 gg 21 Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D 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 1914 less re insurance premiums 115269 34 59520 51 20026 46 896 25 991 43594 ComptrollerGenerals Eepobt 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 5196 81 27 Totals 12046fi 5 28 Deduct loading 2239 84 29 Net amount of uncollected and deferred premiums 30 All other assets Unearned fire ins prems Furniture and fixtures 98075 31 3219 54 30552 30 35 Gross assets 393079126 Deduct Assets Not Admitted 37 Furniture fixtures and safes 38 Commuted commissions 40 Loan on personal security endorsed or not 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 Col loans 1979372 cash in bk 10 00000 mtg loans 15000 stocks 2 12050 real estate 10182116 overdue ins 1769302 market value of real estate over book value 2002646 Set aside for stockholders of two original companies 30552 30 104795 62 2996 08 42000 95 205784 36 386129 31 46 Admitted assets 3544661 95 Vliabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dee 1914 as computed by the company on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on full continuous reserve first yr pre liminary term 32690 00 Same for reversionary additions 1695479 00 3 American experience table at 311 per cent on modified prem term Ufili 00 1 9 1 00 Full continuous reserve ComptrollerGenerals Keport 4 Other tables and rates viz First yr preliminary term A M 3 per cent 590653 00 595 Total 2375817 00 3 Deduct net value of risks of this company reinsured in other solvent companies 16251 00 2359566 00 7 Extra reserve for total and permanent dis ability benefits 70000 and for addi tional accidental death benefits 43908 included in life policies 1139 08 8 Net reserve 2360705 08 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 44993 39 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 1175 00 12 Claims for death losses in process of ad justment or adjusted and not due 29000 00 16 Claims for death losses and other policy claims resisted by the company 6500 00 19 Total policy claims 35500 00 20 Due and unpaid on supplementary contracts not involv ing life contingencies 50 00 21 Dividends left with the company to accumulate at interest and accrued interest thereon 12987 55 22 Premiums paid in advance including surrender values so applied 2289 10 23 Unearned interest and rent paid in advance 21132 71 27 Salaries rents office expenses bills and accounts due or accrued medical examiners fees legal fees due or accrued 5490 23 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 6389 79 31 Borrowed money 59067 00 32 Unpaid dividends to stockholders 743 25 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 2596 99 44 Items in suspense 1999 02596 ComptrollerGenerals Report 816704 18 46 Capital stock 172838 57 47 Unassigned funds surplus 3544661 95 48 Total JEFFERSON STANDARD LIFE INSURANCE COMPANY OF RALEIGH NORTH CAROLINA Geo A Grimsley President C C Taylor Secretary Hon Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 350000 00 2 Amount of ledger assets as per balance Dee 31 of previous year i 4 Extended at 4543091 95 4543091 96 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 150276 for first years reinsurance 191403 43 7 Total first years premiums on original poli 8 Dividends applied to purchase paidup ad ditions and annuities 11 Consideration for supplementary contracts involving life contingencies 191403 43 39 11 4622 14 18 Total renewal premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 853168 or reinsurance on renewals 1131604 14 Dividends applied to pay renewal premiums 27613 09 16 Surrender values applied to pay renewal premiums 1159315 18 97 66 18 Total renewal premiums 1159315 16ComptrollerGeneral s Bepoet 597 19 Extra premiums for total and permanent disability benefits 806528 and for additional accidental death benefits 2699 90 included in life policies 35557 18 20 Total premium income j 390 437 00 21 Consideration for supplementary contracts not involving life contingencies 5 33g 25 22 Dividendsleft with the company to accumulate at interest 337 52 24 Gross interest on mortgage loans per Schedule B 192956 33 25 Gross interest on collateral loans per Schedule C 14258 07 26 Gross interest on bonds and dividends on stocks per Schedule D 7 327 50 27 Gross interest on premium notes policy loans or liens 67204 05 28 Gross interest on deposits in trust companies and banks per Schedule E 2 415 87 30 Agents balances 530 00 33 Gross rent from companys property 568 40 34 Total gross interest and rents 285 260 22 42 Gross profit on sale or maturity of ledger assets viz Real estate 1 677 35 44 Total income 1683050 66 IIIDisbursements 1 For death claims less 1603530 reinsur ance 29553684 additions 152836 297065 20 3 For total and permanent disability claims 466797 health 13999 and for addi tional accidental death benefits 319744 8005 40 4 Xet amounts paid for losses and matured endowments 305070 60 5 For annuities involving life contingencies 685 30 6 Assessment annuities 16258 45 7 Surrender values paid in cash or applied in liquidation of loans or notes 109731 42 8 Surrender values applied to pay renewal premiums see In come No 16 97 65 10 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes 310 90 11 Dividends applied to pay renewal premiums see Income No 14 27613 09 13 Dividends applied to purchase paidup additions and annu ities see Income No 8 39 11 14 Dividends left with the company to accumulate at interest 337 52 15 Total paid polieyholders 461144 04598 CompteolleeGenebals Eepoet 16 Expense of investigation and settlement of policy claims including 2475 for legal expense I4 17 Paid for claims on supplementary contracts not involving life contingencies 140 64 18 Dividends and interest thereon held on deposit surrendered during the year 19 Paid stockholders for interest or dividends 38500 Of 20 Commissions to agents less commission on reinsurance First years premiums 12478897 renewal premiums 4571965 170508 62 21 Commuted renewal commissions 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 2351 55 24 Branch office expenses including salaries of managers and clerks not included in item 22 9341 6 5 Medical examiners fees 2364939 inspection of risks 243298 2308237 26 Salaries and all other compensation of officers directors trustees and home office employees 85399 lL 27 Kent received under sublease l 28 Advertising 396141 printing and stationery 659817 postage telegraph telephone and express 594865 exchange 1056 518 29 Legal expense not included in item lb m 8670 14 30 Traveling expenses 31 Repairs and expenses other than taxes on real estate I 33 State taxes on premiums 34 Insurance department licenses and fees 217i 35 All other licenses fees and taxes Federal corporation i UJ tf Jo LdX Qfl fiC 37 Misc city and county license fees 38 State and county tax 481920 special revenue tax 2471 4843 91 39 Other disbursements Greensboro Life Ins Co acct 919 12 41 Security Life and Annuity Co acct 1189 42 Special contract fund 43 Sundries 115J 30 35 44 Loss and gam 46 Agents balances charged off 181X0 00 48 Gross decrease by adjustment in book value of ledger assets viz Bonds 49 Total disbursements 864300 32 IVLedger Assets 1 Book value of real estate per Schedule A 38209 15 2 Mortgage loans on real estate per Sched ule B first liens 347590293 other than first liens 237415 3478277 08ComptrollerGeneral s Eeport 599 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 264991 50 4 Loans made to policyholders on this com panys policies assigned as collateral 983882 97 5 Premium notes and loans on policies in force 243722 66 6 Book value of bonds 12800000 and stocks 2385350 per Schedule D 151853 50 7 Cash in companys office 8537 02 8 Deposits in trust companies and banks not on interest per Schedule E 54041 51 9 Deposits in trust companies and banks on interest per Schedule E 88168 46 10 Bills receivable 945806 agents bal ances debit 3520092 credit 7 03279 net 2816813 37626 19 11 Furniture and fixtures 12532 25 12 Total ledger assets as per balance Item 50 5361842 29 NonLedger Assets 13 Interest due 1181335 and accrued 50 36067 on mortgages per Schedule B 62174 02 14 Interest accrued on bonds per Schedule D part 1 2426 47 15 Interest due 31800 and accrued 82050 on collateral loans per Schedule C part 1 1138 50 16 Interest accrued on premium notes policy loans or liens 4658 91 17 Interest due 25117 and accrued 32585 on other assets Certificates of deposit 577 02 20 Rents on companys property or lease 180 00 21 Total interest and rents due and accrued 24 Due from other companies for losses or other claims on policies of this company reinsured 25 Gross premiums due and unreported on policies in force Dee 31 1914 less re insurance premiums 64323 55 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 43435 02 71154 92 0 10000 00 27 Totals 28 Deduct loading 106858 57 19252 69 29 Net amount of uncollected and deferred premiums 87605 88600 ComptbollebGenebals Eepoet 30 All other assets Extension notes gross 7788299 net 65607 12 35 Gross assets 5596210 21 Deduct Assets Not Admitted 37 Furniture fixtures and safes 12532 25 38 Agents debit balances gross 35200 92 40 Bills receivable 9458 06 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 8258 43 43 Book value of ledger assets over market value viz Bonds 2783 50 Collateral bonds loaned to banks see Schedule C 400 00 Mortgages other than first liens 2374 15 46 Admitted assets 5520202 90 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent 1741916 00 Same for reversionary additions 886 00 2 American experience table at 3 per cent 1036398 00 Same for reversionary additions 139 00 3 American experience table at 4 per cent 1276831 00 4 Other tables and rates viz American experience 3 per cent 20771 00 5 Net present value of annuities including those in reduction of premiums American 3 per cent 21367 00 Total 4098308 00 6 Deduct net value of risks of this company reinsured in other solvent companies 9051 00 4089257 00 7 Extra reserve for total and permanent dis ability benefits 736435 and for addimm ComptbolleeGeneeals Eepoet 601 tional accidental death benefits 49595 included in life policies 13 20860 30 8 Xet reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 12 Claims for death losses in process of ad justment or adjusted and not due 2033 00 13 Claims for death losses reported for which no proofs have been received 27533 68 14 Reserve for net death losses incurred but unreported 2500 1G Claims for death losses and other policy claims resisted by the company 26137 17 Claims for total and permanent disability benefits 231884 and for additional accidental death benefits including 84100 resisted 2318 84 4110117 30 77262 00 00 00 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 25 Commissions to agents due or accrued 27 Salaries rents office expenses bills and accounts due or accrued 28 Medical examiners fees 178050 and inspection fees 14727 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 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not invluded in item 35 29 33 60522 52 881 03 11267 77 30155 12 5494 34 7284 64 969 37 1927 77 8649 83 3270 20 33905 99 2246 96 302642 96602 ComptrollerGenerals Keport 37 Reserve special or surplus funds not included above Special contract fund 6806 00 Annuity fund 2S5f 39 Greensboro Life Reins acct 270 68 4949394 88 46 Capital stock 350000 00 47 Unassigned funds surplus 220808 02 48 Total 5520202 90 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 2283 3795057 00 18 Policies on the lives of citizens of said State issued during the year 452 895835 00 19 Total 2735 4690892 00 20 Deduct ceased to be in force during the year 374 792521 00 21 Policies in force Dec 31 1914 2361 3898371 00 22 Losses and claims unpaid Dec 31 of previous year 1 5000 00 23 Losses and claims incurred during year 23 38845 84 24 Total 24 43845 84 25 Losses and claims settled during the year in cash 3905184 by compromise 75000 20 39801 84 26 Losses and claims unpaid Dec 31 1914 4 4044 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 132053 05ComptbollerGteneeals Repoet 603 LIFE INSURANCE COMPANY OF VIRGINIA OF RICHMOND VA John G Walker President Algie S Hurt Secretary L Z Rosser and Morris Brandon Attorneys for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous yeaT 9480486 54 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 98075 for first years reinsurance 557775 27 6 Surrender values applied to pay first years premiums 193 74 7 Total first years premiums on original policies 557969 01 8 Dividends applied to purchase paid up additions and annuities 717 81 9 Surrender values applied to purchase paid up insurance and annuities 25 349 07 11 Consideration of supplementary contracts involving life contingencies 78 30 12 Total new premiums 584 114 19 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 3 72965 for reinsurance on renewals 3010379 13 14 Dividends applied to pay renewal prem iums 1905 76 16 Surrender values applied to pay renewal premiums 400 92 18 Total renewal premiums 3012685 81 20 Total premium income 3596800 00 21 Consideration for supplementary contracts not involving life contingencies 1840 00 24 Gross interest on mortgage loans per Schedule B less 287042 accrued in terest on mortgages acquired during 1914 442215 77 604 CompteollebGeneeals Kepoet 5o Gross interest on collateral loans per 2621 66 Schedule G 26 Gross interest on bonds and dividends on stocks less 50583 accrued interest on bonds acquired during 1914 per Sched ule D 3331315 27 Gross interest on premium notes policy v 20234 40 loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 20365 lo 29 Gross interest on other debts due the com pany Interest on bond loans 40 00 33 Gross rent from companys property in cluding 2782332 for companys occu pancy of its own buildings per Sehed uleA 30849 95 34 Total gross interest and rents 550000 08 35 From other sources Agents cash bonds 500 00 Unclaimed deposits on industrial appli cations 1147 85 Profit and loss M Federal income tax withheld 467 17 3605 39 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Mortgages per Schedule B 320 0U 44 Total income 4156055 47 IIIDisbursements 1 For death claims less 1093100 reinsur ance 1091672 11 2 For matured endowments 4257 37 2M For weekly indemnity claims 154 50 3 For total and permanent disability claims 1840 00 4 Net amounts paid for losses and matured endowments 1097923 98 5 For annuities involving life contingencies 281 94 7 Surrender values paid in cash or applied in liquidation of loans or notes 80968 19 8 Surrender values applied to pay new premiums see In come No 6 19374 to pay renewal premiums see Income No 16 40092 594 crComptrollerGenerals Eeport 605 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 25349 07 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 67123 46 11 Dividends applied to pay renewal premiums see Income N I4 1905 76 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 717 81 15 Total paid policyholders 1 274 864 87 16 Expense of investigation and settlement of policy claims including 687985 for legal expense 6879 85 17 Paid for claims on supplementary contracts not involv ing life contingencies 5100 73 19 Paid stockholders for interest or dividends 100000 00 20 Commissions to agents less commission on reinsurance First years premiums 22562526 renewal premiums 37621776 601843 02 23 Agency supervision and traveling expenses of super visors except compensation for home office super vision 38768 74 24 Branch office expenses including salaries of managers and clerks not included in item 22 294064 39 25 Medical examiners fees 5003158 inspection of risks 1199630 52027 88 26 Salaries and all other compensation of officers directors trustees and home office employees 196 584 00 27 Rent including 2782332 for companys occupancy of its own buildings 57192 66 28 Advertising 2224327 printing and stationery 21 35760 postage telegraph telephone and express 7 14690 exchange 51966 51 267 43 29 Legal expense not included in item 16 11320 29 30 Furniture fixtures and safes 10 600 26 31 Repairs and expenses other than taxes on real estate 2038 30 32 Taxes on real estate 6 789 85 33 State taxes on premiums 44942 94 34 Insurance department licenses and fees 1259 79 35 All other licenses fees and taxes Federal corporation tax 2466 79 Federal war tax 5 00 State and municipal licenses and tax 30772 90 33244 69 39 Other disbursements General expenses H O 13364 59 Traveling expenses H 0 2378 63606 ComptrollebGenekals Eepokt Agents cash bonds Profit and loss Pd collector Federal inc tax withheld 675 00 656 68 25 00 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Mortgages amortization of premium per Schedule B 17099 90 200 66 73 67 49 Total disbursements 2806163 92 IVLedger Assets 1 Book value of real estate per Schedule A 485154 74 2 Mortgage loans on real estate per Sched 8289467 54 ule B 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made to policyholders on this com pany a policies assigned as collateral 5 Premium notes on policies in force of which 70819 is for first years prem 221000 00 360925 95 2172 85 6 Book value of bonds 71325212 and stocks 7430833 per Schedule D 7 Cash in companys office 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 6608 f 10 Bills receivable 787560 45 12348 23 10911 65 22 18 12 Total ledger assets as per balance Item 50 1083078 09 NonLedger Assets 13 Interest due 596660 and accrued 11711360 on mortgages per Sched ule B 12308020 14 Interest accrued on bonds per Schedule D part 1 13010 66 15 Interest accrued on collateral loans per Schedule C part 1 4752 95 16 Interest due on premium notes policy loans or liens 1178 75 21 Total interest and rents due and accrued 142022 56 ComptrollerGenerals Eeport 22 Market value of real estate over book value per Sched ule A 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 66943 05 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 84045 52 607 38324 74 7632 59 28 Deduct loading 35717 48 29 Net amount of uncollected and deferred premiums 115 271 09 30 All other assets Premium extension note 7498 53 35 Gross assets 11141127 60 Deduct Assets Not Admitted 40 Bills receivable 22 18 41 Premiums notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 198 77 43 Book value of ledger assets over market value viz 15078 20 15299 15 46 Admitted assets 11125828 45 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent 2056406 00 2 American experience table at 3 per cent 801272 00 3 American experience table at 3 per cent 3082168 00 4 Other tables and rates viz Standard industrial 3 per cent 2799046 00 Intermediate 1912 3 per cent 4618 00 American 3 per cent with 125 per cent mortality 1454 00 American 3 per cent with 150 per cent mortality 1 878 00608 ComptkollekGenebals Keport American 3 per cent with 200 per cent mortality 138 00 Extra premiums 968 00 5 Net present value of annuities including those in reduction of premiums American 3 per cent 3o9 00 Total 8748307 00 6 Deduct net value of risks of this company reinsured in other solvent companies 2534 00 8745773 00 7 Extra reserve for total and permanent dis ability benefits 2500 00 SNet reserve 8748273 0U 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 12 Claims for death losses in process of ad justment or adjusted and not due 15913 19 13 Claims for death losses reported for which no proofs have been received 6318 7o 14 Reserve for net death losses incurred but unreported 30000 00 15 Claims for matured endowments due and unpaid 4ft840 18 Due and unpaid on annuity claims involv ing life contingencies 83 38 19 Total policy claims oa 23 Premiums paid in advance including surrender values so applied 544054 23 Unearned interest and rent paid in advance 82ol 24 Commissions due to agents on premium notes when paid 602 18 25 Commissions to agents due or accrued 8480 77 27 Salaries rents office expenses bills and accounts due or 8167 11 accrued 28 Medical examiners fees 2676 84 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 5283 71 32 Unpaid dividends to stockholders 12500 00CompthollekGeneeals Eeport 609 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums iq 296 43 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise gg 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 14419 98 30 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon participating dividend policies not included in item 35 250000 00 37 Eeserve special or surplus funds not included above Amount set apart for additional death benefits 7210 52 39 Reservation towards an increase in reserve on industrial Plieies 84483 71 41 All other liabilities Agents cash bonds 450 qq Federal income tax withheld 467 17 9395592 42 46 Capital stock 500000 00 47 Unassigned funds surplus 1230 236 03 48 Total 11125828 45 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force December 31 of previous year 42917 64814 00 18 Policies on the lives of citizens of said State issued during the year 21582 33681 27 19 Total 64499 98495 27 20 Deduct ceased to be in force during the year20855 30011 11 21 Policies in force December 31 191443644 68484 16 22 Losses and claims unpaid Dec 31 of previous year 5 813 72 33 Losses and claims incurred during year 523 82319 46 24 Total 528 83133 18610 ComptrollerGenerals Eepobt 25 Losses and claims settled during the year in cash 523 8295457 26 Losses and claims unpaid December 31 1914 178 61 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 277260 57 THE MANHATTAN LITE INSURANCE COMPANY OF NEW YORK N Y Home Office 64 66 68 and 70 Broadway New York N Y Thomas E Lovejoy President Melvin De Mott Secretary R C Alston 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 21o91304 17 4 Extended at 21591304 17 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 750261 for first years reinsurance 6 Surrender values applied to pay first years premiums 5685 66 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 10 Consideration for original annuities in volving life contingencies 11 Consideration for supplementary contracts involving life contingencies 242537 64 5563 95 4196 00 207 00 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 29 00581 for reinsurance on renewals 1764403 93 252504 59ComptrollerGeneral s Report 611 14 Dividends applied to pay renewal prem iums 16 Surrender values applied to pay renewal premiums 1506 88 57227 40 18 Total renewal premiums 19 Extra premiums for total and permanent disability bene per fits 20 Total premium income 21 Consideration for supplementary contracts not involving life contingencies 22 Dividends left with the company to accumulate interest 24 Gross interest on mortgage loans Schedule B 26 Gross interest on bonds and dividends on stocks per Schedule D 27 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 29 Gross interest on other debts due the com pany On agents balances On advances against first years commis sions repaid Interest allowed on contested death claim 33 Gross rent from companys property in cluding 0150000 for companys occu pancy of its own buildings per Sched ule A at 388960 55 152902 50 221078 78 14441 66 694 63 121 54 174 26 1823138 21 1632 54 2077275 34 12662 00 1895 97 270580 65 34 Total gross interest and rents 35 From other sources Proceeds of policies insuring F W Carr exagent Federal income tax withheld at source 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 2 18475 for accrual of discount 1048954 57 18964 04 188 14 11500 00 2184 75 44 Total income 3173624 81 IIIDisbursements 1 For death claims less 7063000 reinsur ance 129739911 additions 228500 1299684 11612 ComptrollerGenerals Report 2 For matured endawments 125734 00 4 Net amount paid for losses and matured endowments 1425418 11 5 For annuities involving life contingencies 11176 11 6 Premium notes and liens voided by lapse less 362820 25923 44 restorations 7 Surrender values paid in cash or applied in liquidation 882973 68 of loans or notes 8 Surrender values applied to pay new premiums see In come No 6 568566 to pay renewal premiums see Income No 16 150688 712 5i 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 182053 40 11 Dividends applied to pay renewal premiums see Income No 14 57227 40 13 Dividends applied to purchase paid up additions and an nuities see Income No S 5563 95 14 Dividends left with the company to accumulate at inter est see Income No 22 1895 97 15 Total paid policyholders 2599424 60 16 Expense of investigation and settlement of policy claims including 82618 for legal expense 1237 70 17 Paid for claims on supplementary contracts not involv ing life contingencies Bwl 18 Dividends and interest thereon held on deposit surrender ed during the year JJJ f 19 Paid stockholders for interest or dividends i 20 Commissionsto agents less commission on reinsurance First years premiums 10352702 renewal premiums 11550256 annuities original 12588 219155 46 21 Commuted renewal commissions 23 Agency supervision and traveling expenses of super visors and agents except compensation for home office 21099 69 supervision 24 Branch office expenses including salaries of managers and clerks not included in item 22 28704 03 25 Medical examiners fees 1720143 inspection of risks 511162 2231305 26 Salaries and all other compensation of officers directors trustees and home office employees 104874 20 27 Rent including 6150000 for companys occupancy of its own buildings less 42760 received under sublease 76691 60 28 Advertising 585818 printing and stationery 913885 postage telegraph telephone and express 1140481 OK 276ib 69 exchange 125485 29 Legal expense not included in item 16 30 Furniture fixtures and safes 2CompteollebGeneeals Repobt 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 income tax 112216 Federal war tax 532 1121 48 County and municipal licenses and taxes 1054 42 Legal advertising g34 gQ 613 108727 72 86835 67 34731 12 3937 97 3016 50 39 Other disbursements Legislative expense 18514 contributions to the assoc of life ins presds 53493 72007 Expense election of directors 7100 com mission real estate sale 500000 5071 00 General expenses home office 715201 general exp agencies 98590 8137 91 Traveling home office 158932 interest payments to pol holders 448077 6070 C9 Expenses examination 15 77 20014 84 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 316400 for amortization of premium 3 164 00 49 Total disbursements 3 450 793 57 IVLedger Assets n 1 Hook value of real estate per Schedule A 5467204 52 2 Mortgage loans on real estate per Sched ule B first liens 7264750 00 4 Loans made to policyholders on this com pany V policies assigned as collateral 4334107 89 5 Premium notes on policies in force of which 2198853 is for first years prem iums 244183 97 6 Book value of bonds 341484500 and stocks 18390125 per Schedule D 3598746 25 7 Cash in companys office 7 081 73 8 Deposits in trust companies and banks not on interest per Schedule E 3447 45 9 Deposits in trust companies and banks on interest per Schedule E 374516 07614 ComptbolleeGenekals Report 10 Agents balances debit 2091284 credit 72541 net 2018743 21H 12 Total ledger assets as per balance Item 50 21814236 31 NonLedger Assets 13 Interest due 550000 and accrued 143 92381 on mortgages per Schedule B 1444iS ox 14 Interest accrued on bonds per Schedule D part 1 16 Interest due 18129892 and accrued 1559352 on premium notes policy loans or liens 17 Interest accrued on other assets Deposits Columbia Trust Co 3785 Exchange National Bank 13700 Seaboard Nat ional Bank 42742 w z 20 Rents due 1025014 and accrued 9566 on companys property or lease U 21 Total interest and rents due and accrued 4009 22 Market value of real estate over book value per Sehed ule A 95 Gross premiums due and unreported on policies in force Dee 31 1914 less re insurance premiums 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 240497 58 27 Totals 6 39 28 Deduct loading 29 Net amount of uncolleeted and deferred premiums190041 19 21983644 44 35 Gross assets Deduct Assets Not Admitted 0 912 84 38 Agents debit balances gross 43 Book value of ledger assets over market value viZ 76401 25 On stocks On bonds in default of interest tw w 325254 09 21658390 35 40 Admitted assets ComptrollerGeneral s Report VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the New York Ins Dept on the following tables of mortal ity and rates of interest viz 1 Actuaries table at 4 per cent on policies issued prior to Jan 1st 1901 11645269 00 Same for reversionary additions 39 161 00 2 American experience table at 3 per cent on policies issued after Jan 1st 1901 on nonparticipating plan 608305 00 3 American experience table at 3 per cent on policies issued after Jan 1st 1901 and prior to Jan 1st 1913 on participating Plan 6985413 00 Same for reversionary additions 8 178 00 4 Other tables and rates viz American experience table at 3 per cent select y ultimate on policies issued on and after Jan 1st 1913 233 060 00 5 Net present value of annuities including those in reduction of premiums Actuaries 4 per cent on annuities issued prior to Jan 1st 1901 13672 00 Am exp 3 per cent on annuities issued after Jan 1st 1901 and prior to Jan lst 197 37918 00 McClintocks 3 per cent on annuities issued after Jan 1st 1907 21312 00 Total 19592288 00 6 Deduct net value of risks of this company reinsured in other solvent companies 107278 00 615 19485010 00 7 Extra reserve for total and permanent dis ability benefits 735 00 8 Net reserve X9485745 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 103794 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 2590 00616 CoMPTBOLLEBGENEBAIis RePOBT 11 Claims for death losses due and unpaid 21531 91 12 Claims for death losses in process of ad justment or adjusted and not due 38041 48 13 Claims for death losses reported for which no proofs have been received 4485 50 14 Reserve for net death losses incurred but unreported 15 Claims for matured endowments due and 1487 59 unpaid 16 Claims for death losses and other policy claims resisted by the company 18lo0 6 18 Due and unpaid on annuity claims involv ing life contingencies 144370 87 19 Total policy claims 20 Due and unpaid on supplementary contracts not involv ing life contingencies 21 Dividends left with the company to accumulate at interest and accrued interest thereon 22 Premiums paid in advance including surrender values so applied o 23 Unearned interest and rent paid in advance 24 Commissions due to agents on premium notes when paid 18188 M 25 Commissions to agents due or accrued il Salaries rents office expenses bills and accounts due or accrued 1705 00 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 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 5771d 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 41 All other liabilities gg u Federal income tax withheld at source 21270888 56 ComptrollerGenerals Eepoet 617 46 Capital stock A7 tt 7 100000 00 47 Unassigned funds surplus 287 501 79 48 Total 777 21658390 35 Business in the State of Georgia During 1914 t No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1872 2962318 00 18 Policies on the lives of citizens of said State issued during the year 334 g63928 0Q 19 Total Z 2206 3526246 00 M Deduct ceased to be in force during the year 210 412 386 00 21 Policies in force Dec 31 1914 1996 3113860 00 22 Losses and claims unpaid Dec 31 of previous 91 t year 77 1 2000 00 bosses and claims incurred during year 20 32 644 42 24 Ttal 21 34644 42 25 Losses and claims settled during the year in eash 21 34644 42 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 91172 15 MARYLAND LIFE INSURANCE COMPANY OF BALTIMORE MD Douglas H Rose President John W Hanson Secretary Coke S Davis Attorney for Service ICapital Stoc 1 Amount of capital paid up n cash 100000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 3437190 05 4 Extended at 3437190 05618 ComptrollerGenerals Report IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 97229 for first years reinsurance 6 Surrender values applied to pay first year s premiums 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 10 Consideration for original annuities in volving life contingencies 40332 47 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 12 50400 for reinsurance on renewals 31778V 14 Dividends applied to pay renewal prem iums 16 Surrender values applied to pay renewal premiums 339863 02 18 Total renewal premiums 19 Extra premiums for total and permanent disability bene fits 380601 07 20 Total premium income 22 Dividends left with the company to accumulate at terest 24 Gross interest on mortgage loans per Schedule B 25 Gross interest on collateral loans per Schedule C cross interest on bonds and dividends on stocks less 99455 accrued interest on deacqnired during 1914 per Sched ule D 27 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule F ComptrollerGenerals Beport 619 29 Gross interest on other debts due the com pany On loans secured by renewals 180 79 33 Gross rent from companys property in eluding 450000 for companys occu pancy of its buildings per Schedule A 21 494 31 34 Total gross interest and rents 179421 31 do from other sources Policies of reinsurance surrendered 746 00 Divds on reinsurance policies lapsed 97 93 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1 580 68 44 Total income T m O632o6 91 HIDisbursements 1 For death claims less 250000 reinsur ance 16924315 additions 10124 169344 39 2 For matured endowments 4g 395 qq 4 Net amounts paid for losses and matured endowments 215669 39 5 For annuities involving life contingencies 6692 68 6 Premium notes and liens voided by lapse less 2793 restorations 4b41 44 7 Surrender values paid in cash or applied in liquidation of loans or notes 72 559 44 8 Surrender values appliedto pay new premiums see In come No 6 5200 to pay renewal premiums see In come No 16 6003 119 03 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 9g4 00 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 34 2eg 45 11 Dividends applied to pay renewal premiums see Income No 4 22022 23 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 2 730 30 14 Dividends left with the company to accumulate at inter est see Income No 22 ggn 15 Total paid policyholders 359 471 91 18 Dividends and interest thereon held on deposit surrender ed during the year 246 06 19 Paid stockholders for interest or dividends 6 000 00 20 Commissions to agents less commission on reinsurance First years premiums 1861177 renewal premiums 1486255 33474 32620 ComptrolleeGeneeals Kepoet 22 Compensation for 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 super vision 25 Medical examiners fees 601817 inspection of risks 1163 59 26 Salaries and all other compensation of officers doctors trustees and home office employees 27 Rent including 450000 for companys occupancy of its own buildings J 1 28 Advertising 34993 printing and stataonery OOol postage telegraph telephone and express 182060 exchange 8821 m 29 Legal expense not included in item 10 30 Furniture fixtures and safes 5 512 93 31 Repairs and expenses other than taxes on real estate 5512 93 32 Taxes on real estate 3 118 33 State taxes on premiums 1198 u 34 Insurance department licenses and fees 35 All other licenses fees and taxes gQ State municipal and county licenses 54 97 Municipal tax on prems 100 40 On capital stock 32 On personal property 38 Other disbursements 1 46 29 Library Bureau 14 00 War tax 76 94 Fire ins prem account 2 481 40 Laundry expenses j 9g6 66 46 Agents balances charged off j 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A Bonds per Schedule D including 491604 for amortiza tion of premium 30Q of Stocks per Schedule D 488106 52 49 Total disbursements IVLedger Assets 1 Book value of real estate per Schedule A 2 Mortgage loans on real estate per Sched ule B first liens 4 Loans made to policyholders on this com panys policies assigned as collateral 240000 00 202225 00 507388 73ComptrollerGeneral s Keport 5 Premium notes on policies in force of which 32791 is for first years prem ums 24163 18 6 Book value of bonds 236227757 and stocks 10088779 per Schedule D 2463165 36 7 Cash in companys office 680 21 8 Deposits in trust companies and banks not on interest per Schedule E 48856 77 10 Agents balances debit 1242553 credit 79796 net 1162757 Hj627 57 Deposit with Balto Equitable So 20000 open acct judgments suspended accts 1403362 14233 62 621 12 Total ledger assets as per balance Item 50 3512340 04 NonLedger Assets 13 Interest due 45900 and accrued 2 90791 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 16 Interest due 799418 and accrued 7 29951 on premium notes policy loans or liens 17 Interest accrued on other assets On stocks 20 Rents due on companys property or lease 3366 91 15592 44 15293 69 2201 15 200 00 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 1914 less re insurance premiums 28417 84 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 20650 73 36654 19 15500 00 27 Totals 28 Deduct loading 49068 57 11959 96 29 Net amount of uncollected and deferred premiums 3710 61 35 Gross assets 3601603 24 622 ComptrolleeGenebals Kepobt Deduct Assets Not Admitted 38 Agents debit balances gross 1242o o3 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 147 57 43 Book value of ledger assets over market value viz Bonds and stocks 15738 86 Open acets judgmts and suspended accts 14033 62 Mkt val of special dep in excess of cor responding liabilities 11512 63 3547745 03 46 Admitted assets v VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Ins Dept of Md on the following tables of mortal ity and rates of interest viz 1 Actuaries table at 4 per cent on business issued prior to Jany 1 1903 1924048 30 Same for reversionary additions 12313 85 2 American experience table at 3y2 per cent on business issued subsequent to Jany 1 1903 909349 89 Same for reversionary additions 7184 76 4 Other tables and rates viz Reinsured pols of Ga Life Ins Co Am 312 preliminary term modified prelimi nary term and full level prem in ac cordance with the original pol contrs 127612 49 5 Net present value of annuities including those in reduction of premiums Actuaries 4 per cent 7 3 American 3y2 per cent 31357 77 6 Deduct net value of risks of this company reinsured in other solvent companies 66862 09 7 Extra reserve for total and permanent dis ability benefits 406 58 2953180 78 8 Net reserve v 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded ComptrollerGenerals Eeport 623 11 Claims for death losses due and unpaid awaiting releases 3 13 Claims for death losses reported for which no proofs have been received 15 Claims for matured endowments due and unpaid unclaimed 18 Due and unpaid on annuity claims involv ing life contingencies 31874 45 22281 02 869 66 27 03 19 Total policy claims i 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 less agts cr balce deducted from agents bals 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 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 1915 whether contingent upon the payment of renewal premiums or otherwise 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 41 All other liabilities Federal income tax with holdings 46 Capital stock 47 Unassigned funds surplus 55052 16 2073 13 481 38 710 94 237 81 2987 24 365 00 3200 00 11754 96 16240 56 202687 23 61 35 100000 00 198636 32 48 Total 3547745 03 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 2794263 00 Transferred during year 9 500 qq624 ComptrollerGenerals Keport 18 Policies ob the lives of citizens of said State issued dur ing the year 3112560 00 19 Total 447477 00 20 Deduct ceased to be in force during the year 01 1Q1 2665083 00 21 Policies in force Dec 31 11 Q42 85 22 Losses and claims unpaid Dec 31 of previous year 23 Losses and claims incurred during year 19047 85 24 Total 25 Losses and claims settled during the year in cash 1800 26 Losses and claims unpaid Dec 31 1914 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF SPRINGFIELD MASS r a Wheeler H Hall Secretary William W McClench President nee Wm J Harty Attorney for Service IOapital Stock 2 Amount of ledger assets as per balance Dec 81 of previous year 339b u 73379468 06 4 Extended at IIIncome 5 First years premiums on original policies 1303789 16 without deduction for commissions or other expenses 7 Total first years premiums on original policies 8 Dividends applied to purchase paid up ad ditions and annuities 11 Consideration for supplementary contracts involving life contingencies 1429354 63 12 Total new premiums maanmr CoMPTEOLLEBGrENERAL s REPORT 625 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 89 79015 for reinsurance on renewals 8558654 33 14 Dividends applied to pay renewal prem iums 1504217 26 18 Total renewal premiums 10062871 59 19 Extra premiums for total and permanent disability bene fits Is 4921 15 20 Total premium income 11 497 147 37 21 Consideration for supplementary contracts not involving life contingencies 269 174 67 22 Dividends left with the company to accumulate at in terest 387360 69 24 Gross interest on mortgage loans per Schedule B 1460598 89 26 Gross interest on bonds and dividends on stocks less 3021786 accrued interest on bonds acquired during 1914 per Schedule D 1332172 75 27 Gross interest on premium notes policy loans or liens 724 igi 03 28 Gross interest on deposits in trust com panies and banks per Schedule E 42850 71 29 Gross interest on other debts due the com pany Included in cost to change policies from one kind to another 9 044 92 In connection with revival of policies 1088 38 12th dividend Mt Hope Cemetery Stock 500 00 Sundry items 365 26 10998 26 Less discount on premiums paid in advce 5401 58 5596 98 32 Gross discount on claims paid in advance 20 97 33 Gross rent from companys property in cluding 4616600 for companys occu pancy of its own buildings per Sched ule A 77289 21 34 Total gross interest and rents 3642 720 54 35 From other sources Commissions on mortgage loans in excess of loan agency expenses 8932 21626 CompteollebGenebals Kepoet Protest fees Dividend First Second Nat Bank Pittsburgh previously charged off Sale of 400000 St Louis Hamilton E E bonds charg ed to profit and loss in 1894 Foreclosure expenses previously charged off 42 Gross profit on sale or maturity of ledger assets viz Eeal estate per Schedule A 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 14 45852 for accrual of discount 17 07 4060 98 2000 00 1047 22 3000 00 14458 52 44 Total income 15829919 27 IIIDisbursements 1 For death claim less 8750000 reinsur ance 335276980 additions 30369 3383138 80 2 For matured endowments 24566800 ad ditions 1185400 257522 00 4 Net amounts paid for losses and matured endowments 3640660 80 6 Premium notes and liens voided by lapse less 1454824 48800 97 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 see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at inter est see Income No 22 324657 99 1504217 26 111813 36 387360 69 15 Total paid policyholders 16 Expenses of investigation and settlement of policy claims including 217302 for legal expense 17 Paid for claims on supplementary contracts not involv ing life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premiums 54422870 renewal premiums 62736601 22 Compensation for managers and agents not paid by com missions for service in obtaining new insurance 7544647 18 2678 14 79092 81 247306 73 1171594 71 16072 981 ComptrollerGenerals Report 627 23 Agency supervision and traveling expenses of super visors except compensation for home office super 0 D Visi0n 2110 66 24 Branch office expenses including salaries of managers and clerks not included in item 22 14g 351 53 25 Medical examiners fees 9194050 inspection of risks 1828310 110223 60 26 Salaries and all other compensation of officers directors trustees and home office employees 313 377 04 27 Rent including 4616600 for companys occupancy of its own buildings less 3024 received under sublease 103850 44 28 Advertising 2948489 printing and stationery 62 89648 postage telegraph telephone and express 43 41493 exchange 34655 13g 142 85 29 Legal expense not included in item 16 7 963 87 30 Furniture fixtures and safes ll384 79 31 Repairs and expenses other than taxes on real estate 31078 23 32 Taxes on real estate 18 434 49 33 State taxes on premiums 134 gog ig 34 Insurance department licenses and fees 15 913 31 35 All other licenses fees and taxes Federal corporation tax 4 537 40 City licenses 285461 city premium taxes 28012 3134 73 City and county personal taxes 188231 excise taxes 5404974 misc 77968 56711 73 39 Other disbursements Home office and agency traveling 581488 surety bonds and publications 561442 H 429 30 Shipping supplies and janitor service 2360 38 Heat light and repairs 176900 miscellaneous 932744 11096 44 Protest fees 21 gg Commissions on bonds purchased 575 00 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 52388 24 Bonds per Schedule D including 4003902 for amortiza tion of premiums 40039 02 Stocks per Schedule D 49924 25 49 Total disbursements 10327337 94 IVLedger Assets 1 Book value of real estate per Schedule A 922750 00 2 Mortgage loans on real estate per Sched ule B first liens 30539536 02 4 Loans made to policyholders on this com panys policies assigned as collateral 12844548 31 5 Premium notes on policies in force 1151987 92628 ComptrollerGenerals Report 6 Book value of bonds 3161977568 and stocks 40331500 per Schedule D 3202 7 Cash in companys office 8 Deposits in trust companies and banks not on interest per Schedule E2 68o3 BB 9 Deposits in trust companies and banks on interest per Schedule E 1 j 12 Total ledger assets as per balance Item 50 78882049 39 NonLedger Assets 13 Interest due 97500 and accrued 469 62212 on mortgages per Schedule B 4059 U 14 Interest accrued on bonds per Schedule D part 1 16 Interest due 6222458 and accrued 226 32766 on premium notes policy loans or liens 17 Interest accrued on other assets Bank de posits 20 Rents accrued on companys property or lease 468160 47 288552 24 1599 73 150 00 91 Total interest and rents due and accru 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums ed 1229059 56 638540 21 07 Totals 28 Deduct loading 22 per cent 1268136 99 1906677 20 429002 37 29 Net amount of uncollecte 35 Gross assets a and deferred premiums 1477674 83 81588783 78 Deduct Assets Not Admitted 43 Book value of ledger assets over market value viz Bonds and stocks W 46 Admitted assets 79820400 10COMPTROLLERGrEJSTEKAL s RePOKT 629 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 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 34854123 00 Same for reversionary additions 341872 00 2 American experience table at 3 per cent on policies issued from January 1 1901 to September 30 1907 both inclusive except a few joint life policies included in number 3 21405226 00 Same for reversionary additions 193895 00 3 American experience table at 3 per cent on policies issued on and after October 1 1907 and joint life policies referred to in number 2 14320502 00 Same for reversionary additions 597158 00 5 Net present value of annuities including those in reduction of premiums American experience table and 3 per cent interest 57081 00 American experience table and 3i per cent interest 6 713 00 Actuaries table and 4 per cent interest 4921 00 Total 71781491 00 6 Deduct net value of risks of this company reinsured in other solvent companies 827829 00 7 Extra reserve for total and permanent dis ability benefits 3468 00 8 Net reserve 70957130 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 919861 90 12 Claims for death losses in process of ad justment or adjusted and not due 18426 88 13 Claims for death losses reported for which no proofs have been received 146664 95 14 Reserve for net death losses incurred but unreported 19863 00 15 Claims for matured endowments due and unpaid 2789 00630 CompteollebGeneeals Eepoet 59851 00 16 Claims for death losses and other policy claims resisted by the company 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 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 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 1915 whether contingent upon the payment of renewal premiums or otherwise 47 TJnassigned funds surplus 247594 83 1600387 54 66425 22 1373 46 26484 40 21395 00 194685 71 115024 47 1070821 55 4599216 02 48 Total Business in the State of Georgia During 1914 79820400 10 17 Policies on the lives of citizens of said State in foTce Dec 31 of previous year 18 Policies on the lives of citizens of said State issued dur ing the year j 19 Total 20 Deduct ceased to be in force during the year 21 Policies in force Dec 31 1914 23 Losses and claims incurred during year 10624908 00 1150157 00 11775065 00 703613 00 11071452 00 89902 00 25 Losses and claims settled during the year in cash 75 36000 by compromise 450000 S 26 Losses and claims unpaid Dec 31 1914 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 79860 00 10042 00 382119 63ComptrollerGenerals Report 631 MERCHANTS LIFE INSURANCE COMPANY John J Seerley President F J Kulilemeier Secretary ICapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balance February 20 1915 1279071 78 4 Extended at 1379071 78 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B 1049430 00 6 Book value of bonds per Schedule D 26258 75 8 Ceposits in trust companies and banks not on interest per Schedule E 1564 01 9 Deposits in trust companies and banks on interest per Schedule E 213420 78 10 Agents balances debit 5541 88 11 Reserve fund notes 82856 36 12 Total ledger assets as per balance item 50 1379071 78 NonLedger Assets 13 Interest due 665040 and accrued 2807341 on mortgages per Schedule B 34723 81 14 Interest accrued on bonds pr Schedule D part 1 349 02 17 Interest accrued on other assets Deposits in banks 763 77 21 Total interest and rents due and accrued 31 Amount still in process of collection for call 81 not in excess of net reserve liability question No 8 35836 60 5000 00 35 Gross assets 1419908 38 Deduct Assets Not Admitted 38 Agents debit balances gross 44 Bonds 45 Beserve fund notes 5541 88 293 75 82856 36 46 Admitted assets 1331216 39632 ComptrollebGenebals Eepoet VLiabilities Surplus and Other Funds Net present value of all outstanding policies in force on the 20th day of February 1915 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 February 20 1915 as certified by report of examination made by the Iowa department 418592 00 8 Net reserve 418592 00 12 Claims for death losses in process of ad justment or adjusted and not due 39000 00 19 Total policy claims 39000 00 27 Salaries rents office expenses bills and accounts due or accrued 3000 00 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 6500 00 30 Advances by officers or others on account of expenses of organization or otherwise 700000 and accrued inter est 35622 7356 22 37 Eeserve special or surplus funds not includ ed above Mortuary fund 23362362 less claims 3900000 194623 62 Eeserve fund 932098 less notes 8285636 849242 47 Guarantee fund 4564 01 Future call fund 1006 95 1049437 05 Eeserve fund not included in above 418592 00 630845 05 Future call fund i006 95 Collections in dep banks unassigned 98945 84 46 Capital stock 100000 00 47 Unassigned funds surplus 25970 33 48 Total 1331216 39ComptrollerGeneral s Keport 633 MERIDIAN LIFE INSURANCE COMPANY OF INDIANAPOLIS ESTD Arthur Jordan President 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 December 31 of previous year 2338425 21 Thos J Owens Secretary 4 Extended at 2338425 21 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 239822 for first years reinsurance 132899 49 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 672660 for reinsurance on renewals 14 Dividends applied to pay renewal pre miums 396334 27 5722 63 132899 49 18 Total renewal premiums 19 Extra premiums for additional accidental death benefits included in life policies 402056 90 20 Total premium income 21 Consideration for supplementary contracts not involving life contingencies 22 Dividends left with the company to accu mulate at interest 24 Gross interest on mortgage loans per Schedule B 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 per Sched ule A 3001 42 537957 81 2678 95 14901 66 76875 93 38211 87 22264 66 24 Total gross interest and rents 137352 46634 ComptrollerGenerals Report 35 Prom other sources Attorney fees Premiums on loans and stock Loan assumed on Starke Co farm taken in exchange for other real estate Fire insurance premium returned 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 44 Total income 167 99 9189 20 7000 00 2 20 1152 19 710402 46 IIIDisbursements 1 For death claims less 250000 reinsur ance 8085200 additions 267223 83524 23 4 Net amounts paid for losses and matured endowments 7 Surrender values paid in cash or applied in liquidation of loans or notes 10 Dividends pad to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 14 Dividends left with the company to accumulate at inter est see Income No 22 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 18 Dividends and interest thereon held on deposit surrender ed during the year 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 11292132 renewal premiums 1453487 22 Compensation for 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 1652200 inspection of risks 308026 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 480000 for companys occupancy of its own buildings 83524 23 36586 98 944 88 5722 63 14901 66 141680 38 582 24 325 00 331 16 16000 00 127456 19 2587 50 6292 08 19602 26 38999 52 5017 95CoMPTROLLERGrENERAL s REPOKT 28 Advertising 213211 printing and stationery 526666 postage telegraph telephone and express 241186 exchange 4579 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 Taxes county municipal and State 39 Other disbursements Partial payment home office loan Building expense 375264 renewal exp 343657 Miscellaneous expense Int on dividends deposited Interest paid on mortgages assumed Commission on sale of real estate Revenue stamps Heating exp 35410 inspections of loans 56535 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 49 Total disbursements 635 9856 42 5265 14 468 69 2687 26 647 96 2393 03 545 18 5404 91 50000 00 7189 21 763 43 710 43 5835 00 200 00 2 00 919 45 1581 72 220 65 459395 76 IVLedger Assets 1 Book value of real estate per Schedule A 382977 65 2 Mortgage loans on real estate per Sched ule B 1336299 41 4 Loans made to policyholders on this com panys policies assigned as collateral 754884 03 7 Cash in companys office 2406 00 8 Deposits in trust companies and banks not on interest per Schedule E 87654 38 10 Agents balances debit 15396 73 11 Furniture and fixtures 9813 71 12 Total ledger assets as per balance Item 50 2589431 91 NonLedger Assets 13 Interest due 719066 and accrued 23 95373 on mortgages per Schedule B 31144 39636 ComptrollebGeneeals Repoet 16 Interest on premium notes policy loans or liens 20 Rents due on companys property or lease 17289 67 410 00 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 1914 less re insurance premiums 112661 48 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 99o3 09 27 Total 122615 07 28 Deduct loading 41487 07 29 Net amount of uncollected and deferred premiums 30 All other assets Unearned fire premiums Supplies printing and stationery 48844 06 2500 00 81128 00 39 70 4001 50 35 Gross assets 2725945 17 Deduct Assets Not Admitted 37 Supplies stationery printed matter 4 00150 furniture fixtures and safes 981371 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 13815 21 15396 73 10201 96 46 Admitted assets 2686531 27 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Indiana Dept on the following tables of mortality and rates of interest viz Actuaries table at 4 per cent on all poli cies issued prior to April 2 1906 except commuted premium policies 368887 87ComptrollerGenerals Eeport 637 2 American experience table at 3 per cent on all commuted premium policies and all other policies issued after April 2 1906 1671942 29 Total 2040830 16 6 Deduct net value of risks of this company reinsured in other solvent companies 7322 14 7 Extra reserve for additional accidental death benefits 323378 included in life policies included in item 1 and 2 8 Net reserve 2033508 02 12 Claims for death losses in process of ad justment or adjusted and not due 7500 00 13 Claims for death losses reported for which no proofs have been received 10500 00 16 Claims for death losses and other policy claims resisted by the company 13500 00 19 Total policy claims 31500 00 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 49398 68 22 Premiums paid in advance including surrender values so applied 1723 00 23 Unearned interest and rent paid in advance 5329 02 27 Salaries rents office expenses bills and accounts due or accrued 2638 15 28 Medical examiners fees 811 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 6939 17 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 1815 16 37 Reserve special or surplus funds not included above Amount above legal requirements on double indemnity policies 7382 17 41 All other liabilities Reinsurance premiums 262 69 Loan on home office bldg 7500000 accrued int 37500 75375 00 Loan assumed in real estate exchange 700000 accrued int 1392 7013 92 Inspection fees 120 00 2228351 78 638 ComptrollerGenerals Eepoet 46 Capital stock 200000 00 47 Unassigned funds surplus 258179 49 48 Total 2686531 27 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1738 3399456 00 18 Policies on the lives of citizens of said State issued during the year 600 1261712 00 19 Total 2338 4661168 00 20 Deduct ceased to be in force during the year 658 1257448 00 21 Policies in force Dec 31 1914 1680 3403720 00 22 Losses and claims unpaid Dec 31 of previous year 1 20 00 23 Dosses and claims incurred during year 11 19784 04 24 Total 12 21784 04 25 Losses and claims settled during the year in cash 10 18284 04 26 Losses and claims unpaid Dec 31 1914 2 3500 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 62316 43 METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK N Y John R Hegeman President James S Eoberts Secretary A W Smith Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 435018229 15 4 Extended at 435018229 15ComptrollerGeneral s Report 639 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 5963732 50 6 Surrender values applied to pay first years premiums 52651 28 7 Total first years premiums on original policies 6016383 78 8 Dividends applied to purchase paid up ad ditions and annuities 158 005 13 10 Consideration for original annuities in volving life contingencies 450120 53 11a Consideration for total permanent dis ability claims allowed 65321 83 12 Total new premiums ordinary 6689831 27 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 15 69577 for reinsurance on renewals 33987926 93 14 Dividends applied to pay renewal prem iums 1404587 42 16 Surrender values applied to pay renewal premiums 21595 17 17 Renewal premiums for deferred annuities 1430 10 18 Total renewal premiums ordinary 35415539 62 18a Total industrial premiums including surrender values and bonuses 62537494 06 19 Extra premiums for total and permanent disability bene fits 10398 17 20 Total premium income 104653263 12 21 Consideration for supplementary contracts not involving life contingencies 31630 00 21a Consideration for certificates of deposit 61397 53 23 Ledger assets other than premiums received from other companies for assuming their risks 20009 18 24 Gross interest on mortgage loans per Schedule B 10127685 47 26 Gross interest on bonds and dividends on stocks less 21261080 accrued interest on bonds acquired during 1914 per Schedule D 8956973 91640 ComptbolleeGtenebals Eepoet 27 Gross interest on premium notes policy loans or liens 1197593 98 28 Gross interest on deposits in trust com panies and banks per Schedule E 29 Gross interest on other debts due the com pany Int on supts bank accts 9 24335 int on deferred payments 4 27842 Miscellaneous interest 32 Gross discount on claims paid in advance 33 Gross rent from companys property in cluding 85647174 for companys occu pancy of its own buildings per Sched ule A 1582799 91 149223 13521 77 1235 21 170 73 34 Total gross interest and rents 35 From other sources Tax refund 14125 income tax withheld 636906 Agents deposits 2480008 conscience money 3540 Suspense unclaimed checks etc 146348 arrears of rent on property sold 280 Fire insurance fund Liquidation of unlisted assets Liability insurance department 41 From agents balances previously charged off 42 Gross profit on sale or maturity of ledger assets viz Eeal estate per Schedule A Bonds per Schedule T Stocks per Schedule D 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 173 55462 for accrual of discount 22029204 55 44 Total income 6510 31 24835 48 1466 28 30645 78 1335 00 62645 18 38 20 9544 97 89358 87 802451 71 173554 62 127907891 78 IIIDisbursements 1 For death claims 2760554386 addi tions 2068500 mortuary bonus ad ditions 168716977 29313398 63 2 For matured endowments less 766700 reinsurance 432155833 additions 2604900 bonus additions 2546950 4373076 83 3 For total and permanent disability claims 65321 S3 4 Net amounts paid for losses and matured endowments 33751797 29 5 For annuities involving life contingencies 1799t0 84P ComptrollerGenerals Report 641 6 Premium notes and liens voided by lapse 25 520 20 7 Surrender values paid in cash or applied in liquidation of loans or notes 4 051 144 20 8 Surrender values applied to pay new premiums see In come No 6 5265128 to pay renewal premiums see Income No 16 2159517 to pay industrial premiums 10 ft71 100273 16 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 125 944 94 Bonuses to ordinary policyholders 25g 89 Cash bonuses paid on nonparticipating industrial policies 74734 55 11 Dividends applied to pay renewal premiums see Income B N0 U 1404587 42 Bonuses applied to pay renewal premiums on nonpartici pating industrial policies 4 2gi 439 33 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 158 005 13 Sick benefits on assumed policies 32 00 15 Total paid policyholders 44163686 00 lb Expenses of investigation and settlement of policy claims including 3025270 for legal expense 35 192 70 16a Prems waived by company on acct of total and per manent disability 11 092 23 17 Paid for claims on supplementary contracts not involv ing life contingencies 19 500 51 17a Certificates of deposit liquidated 1871 57 19 Paid stockholders for interest or dividends 140000 00 20 Commissions to agents less commission on reinsurance First years premiums 171062651 renewal prem iums 215441180 annuities original 781722 renewal 2060 3 872 876 13 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 10 033 00 22a Compensation in ind dept to supts deputies assistants and agents 13573469 39 23 Agency supervision and traveling expenses of super visors except compensation for home office super vision 113452 80 24 Branch office expenses including salaries of managers and clerks not included in item 22 1 148 831 40 25 Medical examiners fees 74256669 inspection of risks 44691354 1189480 23 26 Salaries and all other compensation of officers directors trustees and home office employees 4175 in number 4032018 38 27 Rent including 85647174 for companys occupancy of its own buildings 1260904 81642 ComptrollerGenerals Keport 28 Advertising 10068220 printing and stationery 361 57202 postage telegraph telephone and express 242 99663 exchange 780293 713053 78 29 Legal expense not included in item 16 63432 54 30 Furniture fixtures and safes 14265 31 Repairs and expenses other than taxes on real estate 570055 93 32 Taxes on real estate 301q o 33 State taxes on premiums 779 34 Insurance department licenses and fees 759 35 All other licenses fees and taxes Federal income tax 80647 80 Municipal licenses 2858721 agts licenses 236849 TJ S war revenue tax 35175 31307 4o Personal property tax 154609 customs tax 558648 all other 335870 10491 27 39 Other disbursements Health and welfare work Zt77 1 1 147 4t 1 o7 Miscellaneous expenses 1v Disability insurance department 15498 46 Agents balances charged off x 47 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 6 35 Bonds per Schedule D oil no Bonds and mortgages per Schedule B fim u 48 Gross decrease by adjustment in book value of ledger Real estate per Schedule A 2351940 37 Bonds per Schedule D including 10453475 for amorti s 104534 75 zation of premium 49 Total disbursements 78155187 56 TVLedger Assets 1 Book value of real estate per Schedule A 23239571 00 2 Mortgage loans on real estate per Sched ule B first liens 208367382 23 4 Loans made to policyholders on this com panys policies assigned as collateral 29319341 26 5 Premium notes on policies in force 1013911 15 6 Book value of bonds 20850747012 and stocks 583261079 per Schedule D 214340080 91 7 Cash in companys office 39154 99 8 Deposits in trust companies and banks not on interest per Schedule E 71599 51 9 Deposits in trust companies and banks on interest per Schedule E 8145383 63ComptrollerGenerals Report 28887 39 643 10 Agents balances debit 5021197 credit 2132458 net 2888739 Cash in transit 2090406 cash in branch office banks 23690764 renting sec tion inventory 1596517 suspense acct unadjusted items 2056056 fire insur ance premiums advanced secured 1 28387 295621 30 12 Total ledger assets as per balance Item 50 NonLedger Assets 13 Interest due 18644980 and accrued 2 86810206 on mortgages per Sched B 3054551 86 14 Interest due 565066 and accrued 3 12758491 on bonds per Schedule D parti 3133235 57 16 Interest due 21589959 and accrued 54650506 on premium notes policy loans or liens 762404 65 20 Rents due 593408 and accrued 7 07320 on companys property or lease 13007 28 i933 37 21 Total interest and rents due and accrued 6963199 36 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 2068057 01 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 7760916 96 27 Totals 9828973 97 28 Deduct loading 140567 37 29 Net amount of uncollected and deferred premiums 8420406 60 30 All other assets Industrial policies due and unpaid less loading 1433854 18 35 Gross assets 501678393 51 Deduct Assets Not Admitted 38 Agents debit balances gross 50211 97 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies esti mated 277331 33g44 ComptrollerGenerals Keport 43 Book value of ledger assets over market value viz Bonds 371667517 stocks 40878484 4125460 01 Market value of special deposits in excess of corresponding liabilities 326093 84 Renting section inventory 1596517 sus pense unadjusted items 2056056 36525 73 496862770 65 46 Admitted assets v VrLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all issues to Jan 1 1901 except as stated in la 127861182 00 Same for reversionary additions 663 00 la Actuaries table doubled at 4 per cent on all issues special class policies up to Jan 1 1901 50425100 Same for reversionary additions 163892 00 2 American experience table at 3y2 per cent on all issues from Jan 1 1901 to Jan 1 1915 except as stated below 173520449 00 3 American experience table at 3 per cent on all issues special class policies from Jan 1 1901 to Jan 1 1907 2007502 00 Same for reversionary additions 423708 00 4 Other tables and rates viz Standard industrial table 3 per cent from Jan 1 1904 100655131 00 Substandard industrial table 3 per cent from Jan 11907 5596916 00 Intermediate tables 3 per cent from Jan 1 1907 28988318 00 Special class tables 3V2 per cent from Jan j 1907 3878098 00 5 Net present value of annuities including those in reduction of premiums Intermediate table at 3V2 per cent 447 00 Actuaries table at 4 per cent 70166 00 American table at 3 per cent 356649 00 McClintocks table at 3 per cent 1173168 00 Hunters disability table at 3 per cent 54377 00 Totql 445254917 00ComptrollerGenerals Beport 645 6 Deduct net value of risks of this company reinsured in other solvent companies 144 970 00 7 Extra reserve for total and permanent dis ability benefits 168794 00 J etresee 445278741 00 y 1 resent value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 5427 0Q 10 liability on policies cancelled and not included in nei reserve upon which a surrender value may be de 10 landed 278837 00 1J Claims for death losses in process of ad justment or adjusted and not due 107928 00 13 Claims for death losses reported for which no proofs have been received 498 955 71 14 Reserve for net death losses incurred but reported 660911 32 15 Claims for matured endowments due and nIaid 68499 00 16 Claims for death losses and other policy claims resisted by the company 151460 30 17 Claims for total and permanent disability benefits 6349 55 19 Total policy claims i504io3 88 20a Certificates of deposit not involving life contingencies 87548 66 22 Premiums paid in advance including surrender values so aPPied 1589022 84 23 Unearned interest and rent paid in advance 92148 33 25 Commissions to agents due or accrued 23820 40 27 Salaries rents office expenses bills and accounts due or aeerued 191000 89 28 Medical examiners fees 18610962 and legal fees 86 67200 due or accrued 272 rj go 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 1700000 00 33 Dividends or other profits due policyholders including those contingent on payment ofoutstanding and de ferred premiums m451 72 34 Dividends and bonuses declared on or apportioned to an nual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 7 917 496 45 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 110 690 03646 ComptrollerGenerals Keport 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 VV 37 Reserve special or surplus funds not included above Reserve for contingent renewal commissions in 1915 MMOOU Special reserve on war risks To cover all other possible items 41 All other liabilities a 4ie9 Km nQ due U S govt tor income Fire ins fund 15260109 due U g 158970 15 tax deducted at source 636906 380 040 41 Agents cash deposits in lieu of bonds Suspense unclaimed checks etc 3899952 deposit acct mortgage interest and rents 135331 Disability insurance department 2fim 00 46 Capital stock 1 4000 000 00 Assigned funds for acquisition of capital stock 000000 00 47 Unassigned funds surplus 496862770 63 48 Total Business in the State of Georgia During 1914 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 dur ing the year 41696847 00 19 Total jj 876 7 7 00 20 Deduct ceased to be in force during the year1 u 91 1014 35820120 00 21 Policies in force December 31 1914 22 Losses and claims unpaid Dec 3 of previous year JW4 05 23 Losses and claims incurred during year 496968 24 24 Total 25 Losses and claim settled during the year in cash 485 S24ll by compromise 3125 1ftl4 11112 88 20 Losses and claims unpaid Dec 31 LM4 07 Premiums collected or secured in cash and notes credits without any J 11687B9 79 dividends commissions or other expenses ComptrollerGeneral s Report 647 MICHIGAN MUTUAL LIFE INSURANCE COMPANY OF DETROIT MICHIGAN O R Looker President A R Moore g George S Obear Attorney for Service 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 11585004 78 4 Extended at 11585004 78 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 467718 for first years reinsurance 215790 04 6 Surrender values applied to pay first years premiums H3 40 7 Total first years premiums on original policies 215906 44 8 Dividends applied to purchase paidup additions and an nuities 6 272 40 12 Total new premiums 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for com missions or other expenses less 29 67426 for reinsurance on renewals 1329024 09 14 Dividends applied to pay renewal prem iums 7918 78 16 Surrender values applied to pay renewal premiums 157 6g 222178 84 18 Total renewal premiums 1337 100 53 19 Extra premiums for total and permanent disability bene fits included in life policies 1 290 49 20 Total premium income 24 Gross interest on mortgage loans per Sehed e B 483035 43 25 Gross interest on collateral loans per Schedule C 155 48 26 Gross interest on bonds per Schedule D 1500 00 1560569 86648 CompteolleeGenebals Eeport 27 Gross interest on premium notes policy loans or liens 101530 14 28 Gross interest on deposits in trust com panies and Banks per Schedule E 4999 52 29 Gross interest on other debts due the com pany Advance made to agent 84 00 32 Gross discount on claims paid in advance 275 2o 33 Gross rent from companys property in cluding 1000000 for companys occu pancy of its own buildings per Sched ule A 10389 00 34 Total gross interest and rents 601968 82 2162538 68 44 Total income IIIDisbursements I For death claims less 2500000 reinsur ance 62756224 additions 955958 637121 82 9 For matured endowments 39317493 ad ditions 312489 JS9299J2 4 Net amounts paid for losses and matured endowments 1033421 64 6 Premium notes and liens voided by lapse less 88183 restorations 1U 7 Surrender values paid in cash or applied in liquidation t 266553 49 of loans or notes 8 Surrender values applied to pay new premiums see In come No 6 11640 to pay renewal premiums see Income No 16 15766 274 6 10 Dividends paid to policyholders in cash otf applied in liquidation of loans or notes II Dividends applied to pay renewal premiums see Income No 14 7918 S 13 Dividends applied to purchase paidup additions and an unities see Income No 8 Interest on resisted death claims and matured ondowmt U d v u 136799s l 1 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 67341 for legal expenses 1 00 17 Paid for claims on supplementary contracts not involving life contingencies 19 Paid stockholders for interest or dividends aow 20 Commissions to agents less commission on reinsurance First years premiums 15819308 renewal premiums 7903507 237228 15ComptrollerGeneral s Beport 22 Compensation of managers and agents not paid by com miouon for services in obtaining new insurance 23 Agency supervision and traveling expenses of supervisors 94 R exoePt compensation for home office supervision 24 Branch office expenses including salaries of managers and clerks not included in Item 22 25 Medical examiners fees 2371350iinspection of rufcV 5OjoJ4oo 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 1000000 for companys occupancy of Vts own buildings 28 Advertising 471303 printing and stationery10619 51 postage telegraph telephone and express e827 02 exchange 57719 29 Legal expense not included in Item 16 30 Furniture fixtures and safes 31 Repairs and expenses other than taxeson Vealestate si 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 654 37 Local taxes n ggl J Miscel city licenses taxes and State fees 991 96 39 Other disbursements Investment expenses Subscriptions Deposit returned Miscel home office expenses Revenue stamps 3054 19 194 15 493 63 6329 23 17 00 46 Agents balances charged off 49 Total disbursements 649 6400 00 39069 16 39086 11 29527 85 77167 08 21963 98 22736 75 4215 56 3182 96 3579 17 1752 25 22375 99 2451 61 13528 03 8088 20 23 97 1963015 75 IvLedger Assets 1 Book value of real estate per Schedule A 90 69 80 2 Mortgage loans on real estate per Schecl e 9 624 503 39 4 Loans made to policyholders on this com panys policies assigned as collateral 1782473 45 5 Premium notes on policies in force 69203 37 6 Book value of bonds per Schedule D 25000 00650 ComptrollerGenerals Eeport 7 Cash in companys office 27451 19 9 Deposits in trust companies and banks on interest per Schedule E 161603 84 10 Agents balances debit 366414 credit 140 net 366274 3662 4 12 Total ledger assets as per balance Item 50 11784527 71 NonLedger Assets 13 Interest due 1317459 and accrued 124 60596 on mortgages per Sched B 137780 o5 14 Interest accrued on bonds per Schedule D t 250 00 Part 1 16 Interest due 1329734 and accrued 14 474 68 on premium notes policy loans 27772 02 or liens 20 Eents due on companys property or leasedu uu 21 Total interest and rents due and accrued f 57 22 Market value of real estate over book value per Sched A 1490 M 25 Gross premiums due and unreported on pol icies in force December 31 1914 less 7 474 62 reinsurance premiums 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ltA 85645 58 ance premiums 27 Totals 28 Deduct loading 158120 20 27999 19 29 Net amount of uncollected and deferred premiums 35 Gross assets 130121 01 12095401 49 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 3664 14 7080 32 46 Admitted assets 10744 46 12084657 03 ComptrollerGenerals Report 651 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1914 as computed by the Michi gan Insurance Department on the follow ing tables of mortality and rates of interest viz 1 Actuaries tables at 4 per cent on policies issued prior to 1903 7110432 00 Same for reversionary additions 112274 87 7222706 87 2 American experience table at 3y2 per cent from January 1 1903 and modified pre liminary term from January 1 1908 3730447 00 3730447 00 3 American experience table at 3 per cent on whole life and 20payment life install ment option participating from January 1 1903 67358 00 67358 00 Total 11020511 87 6 Deduct net value of risks of this company reinsured in other solvent companies 95841 00 10924670 87 7 Extra reserve for total and permanent disability benefits 721 00 8 Net reserve 10925391 87 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the Michigan Mutual Life Ins Co 40689 65 13 Claims for death losses reported for which no proofs have been received 46102 92 15 Claims for matured endowments due and unpaid 1571 06 19 Total policy claims 47673 98 22 Premiums paid in advance including surrender values so applied 5206 28 23 Unearned interest and rent paid in advance 31352 34 24 Commissions due to agents on premium notes when paid 3118 05 27 Salaries rents office expenses bills and accounts due or accrued 4461 14652 ComptrollerGenerals Report 28 Medical examiners 207500 and legal fees 25250 due or accrued 2327 50 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 21070 69 33 Dividends or other profits due polieyholders including those contingent on payment of outstanding and de 5782 10 ferred premiums 34 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1915 whether contingent upon the payment of renewal premiums or 4742 42 otherwise 4 Totai 110918 6 02 45 lotai 250000 00 46 Capital stock Q1 47 Unassigned funds surplus 48 Total 12084657 03 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force December 31 of previous year 1011 1895379 96 18 Policies on the lives of citizens of said State issued 175 457069 18 during the year 19 Total 1186 2352449 14 20 Deduct ceased to be in force during the year 198 428906 83 21 Policies in force December 31 1914 988 1923542 31 23 Losses and claims incurred during year 16 31889 16 25 Losses and claims settled during the year 16 31889 16 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or ki oqq 04 other expenses ComptrollerGenerals Report 653 MISSOURI STATE LIFE INSURANCE COMPANY OF ST LOUIS MO Edmund P Melson President T F Lawrence Secretary W A Wright Attorney for Service ICapital Stock Amount of capital paid up in cash 1000000 00 Amount of ledger assets as per balance Dec 31 of previous year 4 Extended at 8605730 19 8605730 19 IIIncome 5a 10 11 First years premiums on original policies without deduction for commissions or other expenses less 508657 for first years reinsurance 798161 42 Dividends applied to pay first years prem iums 712 37 Surrender values applied to pay first years premiums 14 25 Total first years premiums on original policies 798888 04 Dividends applied to purchase paid up ad ditions and annuities 2692 32 Surrender values applied to purchase paid up insurance and annuities 2989 12 Consideration for original annuities involv ing life contingencies 959 00 Consideration for supplementary contracts involving life contingencies 26104 88 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 7 48540 for reinsurance on renewals 2255560 55 14 Dividends applied to pay renewal prem iums 35383 06 15 Dividends applied to shorten the endow ment or premiumpaying period 122 39 831633 36654 ComptbollebGtenebals Repobt 16 Surrender values applied to pay renewal premiums 5696 96 18 Total renewal premiums 19 Extra premiums for total and additional accidental death benefits 239625 included in life policies less 16435 paid for reinsurance 2296762 96 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 per Schedule B less 466894 accrued in terest on mortgages acquired during 19U 417237 36 25 Gross interest on collateral loans per Schedule C 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 per Schedule E 29 Gross interest on other debts due the com pany On bills receivable 399140 on agents balances 574259 33 Gross rent from companys property 37085 16 2340 00 100052 90 17003 85 9733 99 312 83 34 Total gross interest and Tents 35 From other sources Premium income from accident riders to life policies Premium income from health riders to life policies Bonuses on mortgage loans paid off prior to maturity Surrender values received on reinsurance cancelled Suspense items 41 From agents balances previously charged off 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 44 Total income 2231 90 3130628 22 5600 48 6218 86 583766 09 682 96 604 71 1242 98 10477 00 1414 64 424 11 1000 00 3742060 05 IIIDisbursements 1 For death claims less 2500000 reinsur ance 60649360 additions 748797 613981 57 2 For matured endowments 115596 31ComptrollerGeneral s Report For total and permanent disability claims 154862 and for additional accidental death benefits 100000 2548 62 4 Net amount paid for losses and matured endowments 4a For claims under health and accident riders to life policies 5 For annuities involving life contingencies 6 Premium notes and liens voided by lapse less 902766 restorations 7 Surrender values paid in cash or applied in liquidation of loans or notes S Surrender values applied to pay new premiums see In come No 6 1425 to pay renewal premiums see Income No 16 569696 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 11a Dividends applied to pay first years premiums 12 Dividends applied to shorten the endowment or premium paying period see Income No 15 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at inter est see Income No 22 655 732126 50 335 87 1087 83 21711 32 320350 95 5711 21 2989 12 63470 31 712 37 35383 06 122 39 2692 32 6218 86 15 Total paid policyholders 1192912 11 16 Expenses of investigation and settlement of policy claims including 353725 for legal expense 4065 12 17 Paid for claims on supplementary contracts not involv ing life contingencies 3874 31 18 Dividends and interest thereon held on deposit surrender ed during the year 3560 58 20 Commissions to agents less commission on reinsurance First years premiums 51688367 renewal premiums 108670 98 annuities original 3836 accident 63030 health 160 626224 91 21 Commuted renewal commissions 2811 57 22 Compensation for managers and agents not paid by com mission for services in obtaining new insurance 33184 01 23 Agency supervision and traveling expenses of super visors except compensation for home office super vision 29515 96 24 Branch office expenses including salaries of managers and clerks not included in item 22 23855 34656 COMPTROLLERGrENEKALs EePOET 25 Medical examiners fees 5523558 inspection of risks 1776197 72997 55 26 Salaries and all other compensation of officers directors trustees and home office employees 13o725 4 p 10275 62 27 Rent 28 Advertising 342458 printing and stationery 2736864 postage telegraph telephone and express 1534315 exchange 204014 48176 51 29 Legal expense not included in item 16 1tM 30 Furniture fixtures and safes 4 4S 94 14 33 State taxes on premiums 34 Insurance department licenses and fees iis M 35 All other licenses fees and taxes Federal tax stamps 3000 municipal license and taxes 1101420 110tt28 State licenses and taxes other than premiums 2128 8 Paid insurance department for examination of company 1445 80 39 Other disbursements Agents bond premiums Collection of premiums 42 Incidental office expense 14olfa 88 Investment expenses 46 Agents balances charged off JSb 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Mortgage loans 28649 49 Total disbursements 2347515 00 IVLedger Assets 1 Book value of real estate per Schedule A 320596 27 2 Mortgage loans on real estate per Sched ule B first liens 6805747 93 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 237280 00 4 Loans made to policyholders on this com panys policies assigned as collateral 1805504 09 5 Premium notes on policies in force of which 17869 is for first years prem iums 85754 91 6 Book value of bonds 53925 00 7 Cash in companys office 9464 27 8 Deposits in trust companies and banks not on interest per Schedule E 49101 31 9 Deposits in trust companies and banks on interest per Schedule E 514088 43ComptrollerGenerals Eepoet 657 10 Bills receivable 4344877 agents bal ances debit 7035798 credit 4 99372 net 6536426 108813 03 12 Total ledger assets as per balance Item 50 10000275 24 NonLedger Assets 13 Interest due 3765119 and accrued 265 12128 on mortgages per Schedule B 14 Interest on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C part 1 16 Interest accrued on premium notes policy loans or liens 17 Interest accrued on other assets On certificates of deposit On daily bank balances 302772 47 981 25 353 06 5106 72 1680 99 620 35 21 Total interest and rents due and accruedj 24 Due from other companies for losses or claims on policies of this company reinsured 311514 84 454 79 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums New Business Renewals 1444 01 220679 37 9961 73 27 Totals 11405 74 28 Deduct loading 7021 17 29 Net amount of uncolleeted and deferred premiums 174604 21 395283 58 63204 06 4384 57 332079 52 336464 09 35 Gross assets 10648708 96 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 70357 98 43448 77 21409 14658 ComptrollerGenerals Report 43 Book value of ledger assets over market value viz 63 85 1914 bank items taken out in 191o Bonds par 5500000 book 5392500 market 5201250 137192 24 10511516 72 46 Admitted assets VLiabilitles Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dee 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all policies dated prior to 1901 and on all policies bearing number below 24000 and dated prior to 1906 VSJ 00 Same for reversionary additions 2 American experience table at 3 per cent on all participating life and endowment policies bearing numbers above 24000 and below 250000 except limited pay ment life guaranteed paid up additions policies 3644 oa Same for reversionary additions 3 American experience table at 3 per cent on all policies dated 1901 and after except as noted above Same for reversionary additions 130O 5 Net present value of annuities including those in reduction of premiums Actuaries table at 4 per cent American experience table at 3 per cent 134 42 American experience table at 3 per cent 25881 3 McClintocks annuitant table at 3 per cent r 8101671 74 Total 6 Deduct net value of risks of this company reinsured in other solvent companies 99o 7 Extra reserve for total and permanent dis ability benefits 3967930 and for ad ditional accidental death benefits 1 65900 included in life policies 41 suComptrollerGenerals Eeport 659 7a Waiver of premium disability claims in valid life 3 per cent table 2384 04 19 Total policy claims 4 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 22 Premiums paid m 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 and bonuses to agents due or accrued 27 Salaries rents office expenses bills and accounts due or accrued 28 Medical examiners fees 442700 and legal fees 50000 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 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 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 567 03 8 Net reserve 8136099 08 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 34793 93 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 12 Claims for death losses in process of ad justment or adjusted and not due 25168 33 13 Claims for death losses reported for which no proofs have been received 28086 10 14 Reserve for net death losses incurred but unreported 3000 00 16 Claims for death losses and other policy claims resisted by the company 4000 00 60254 43 14280 13 21750 63 38526 51 4361 86 1400 00 5306 18 4927 00 53973 68 30047 98 35237 64 60667 96 330159 21660 ComptrollerGenerals Report 2 970 52 Tnrt tnd a ilvida 787 73 the company and accrued interest thereon 41 All other liabilities 1414 4 Cash in suspense Proportion of expense of 1915 meeting Q thousand dollar club 8850406 72 1000000 00 46 Capital stock 661110 00 47 Unassigned funds surplus 10511516 72 48 Total Business in the State of Georgia During 1914 tsTo Amount 17 Policies on the lives of citizens of said State g in force Dec 31 of previous year 18 Policies on the lives of citizens of said State issued during the year 944 1440939 67 19 Total I 119 267930 01 20 Deduct ceased to be in force during year J 91 iq14 825 1173009 66 21 Policies in force Dec 31 191 22 Losses and claims unpaid Dec 31 of previous year 8 9309 33 23 Losses and claims incurred during year 9 9323 33 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 ComptrollerGenerals Report 661 mutual benefit life insurance company of newark n j Frederick Frelinghuysen President J William Johnson Secretary Robert L Foreman Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year162279632 03 4 Extended at 162279632 03 llIncome 5 First years premiums on original policies without deduction for commissions or other expenses 2673201 73 6 Surrender values applied to par first years premiums 11403 46 7 Total first years premiums on original policies 2684605 19 8 Dividends applied to purchase paid up ad ditions and annuities 530606 38 9 Surrender values applied to purchase paid up insurance and annuities 4305 67 10 Consideration of original annuities involv ing life contingencies 20470 12 12 Total new premiums 3239 987 36 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses 18005089 85 14 Dividends applied to pay renewal prem iums 3160051 20 15 Dividends applied to shorten the endow ment or premiums paying period 692140 77 16 Surrender values applied to pay renewal premiums 23878 61 17 Renewal premiums for deferred annuities 20778 94 18 Total renewal premiums 21901939 37 20 Total premium income 25141926 73 21 Consideration for supplementary contracts not involving life contingencies 755103 04662 ComptbollebGenebals Kepobt 24 Gross interest on mortgage loans per u 4244802 41 Schedule B 25 Gross interest on collateral loans per Schedule 0 yV 6 Gross interest on bonds and dividends on stocks less 1897039 accrued interest on bonds acquired during 1914 per t 194398 30 Schedule D 25 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 38430 o3 29 Gross interest on other debts due the com pany Agents accounts Interest on Federal Corporation taxes re 68 ib o turned 32 Gross discount on claims paid in advance 15 33 Gross rent from companys property 113Uoo a t 8263878 58 34 Total gross interest and rents 35 From other sources a Q42 0 Income taxes withheld at source Federal corporation taxes returned 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A Q Bonds per Schedule D j 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 34312204 37 44 Total income IllDisbursements 1 For death claims 730578398 additions 15019663 745598U 01 2 For matured endowments l4752922o additions 12972821 1605020 4 4 Net amounts paid for losses and matured endowments 9061001 07 5 For annuities involving life contingencies J 6 Premium notes and liens voided by lapse 7 Surrender values paid in cash or applied in liquidation of loans or notes g Surrender values applied to pay new premiums see In come No 6 1140346 to pay renewal premiums see Income No 16 2387861 A0a 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 ComptrollerGeneral s Report 66 JO Dividends paid to policyholders in cash or applied in liquidation of loans or notes 570249 14 11 Dividends applied to pay renewal premiums see Income No 14 3160051 20 12 Dividends applied to shorten the endowment or premium paying period see Income No 15 692140 77 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 530606 38 15 Total paid policyholders 16 Expenses of investigation and settlement of policy claims including 75780 for legal expense 17 Paid for claims on supplementary contracts not involv ing life contingencies 20 Commissions to agents less commission on reinsurance First years premiums 111653583 renewal prem iums 133585292 annuities original 119594 renewal 42832 21 Commuted renewal commissions 22 Compensation for 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 Agency expenses including salaries of managers and clerks not included in item 22 25 Medical examiners fees 16596000 inspection of risks 1282636 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent 28 Advertising 2571744 printing and stationery 35 55651 postage telegraph telephone and express 56 12321 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 income tax 12202 49 Federal stamp tax 437 55 State county and municipal taxes 166867 64 County and municipal licenses 7775 14 759 80 432281 80 2454013 01 26196 63 571 07 53438 92 23174 35 178786 36 483487 95 85303 08 117397 16 36265 52 1788 67 42567 68 68426 34 292026 73 1988S 48 187282 82 39 Other disbursements Mortgage loan expense 22425 65664 ComptrollerGeneral s Report Heat and light 1457207 restaurant 22 12480 Laundry and extra janitor service 2 93154 home office supplies 1899501 Home office repairs 146728 inspection and detective service 119300 Petty cash 85092 miscellaneous 3 19695 Expense of examination by N J insurance department 36696 87 21926 55 2660 28 4047 87 17286 60 46 Agents balances charged off Income taxes withheld at source 47 Gross loss on sale or maturity of ledger assets viz Beal estate per Schedule A 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A Bonds per Schedule D 105043 82 267 75 41 67 10152 89 52985 42 90746 66 49 Total disbursements 23142822 17 IVLedger Assets 1 Book value of real estate per Schedule A 3070917 58 2 Mortgage loans on real estate per Sched ule B first liens 84448225 51 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 3250000 00 4 Loans made to policyholders on this com panys policies assigned as collateral or secured by terms of policies 29434758 15 5 Premium notes on policies in force of which 170655 is for first years prem iums 5869657 87 6 Book value of bonds 45396340 71 7 Cash in companys office 8612 07 8 Deposits in trust companies and banks not on interest per Schedule E 116096 15 9 Deposits in trust companies and banks on interest per Schedule E 1846825 20 10 Agents balances debit 1340329 credit 582230 7580 99 12 Total ledger assets as per balance Item 50173449014 23CoMPTROLLERGrENERAL s REPORT NonLedger Assets 13 Interest due 1815893 and accrued 1 84450360 on mortgages per Schedule B 1862662 53 14 Interest due 1414500 and accrued 692 52397 on bonds per Schedule D part 1 706668 97 16 Interest due 14614786 and accrued 83973767 on premium notes policy loans or liens 985885 53 665 21 Total interest and rents due and accrued New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 41932 05 1043654 02 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 236403 35 1588389 16 3555217 03 27 Total 278335 40 28 Deduct loading 20 per cent 55667 08 2632043 18 52640 4 29 Net amount of uncollected and deferred premiums 222668 32 2105634 54 2328302 86 35 Gross assets 179332534 12 Deduct Assets Not Admitted 38 Agents debit balances gross 13403 29 43 Book value of ledger assets over market value based on market conditions Dec 311914 2585614 38 2599017 67 46 Admitted assets 176733516 45 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dee666 ComptrollerGenerals Report 1914 as computed by the New Jersey Insurance Dept on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on partici pating policies issued prior to Jan 1 1900 including special allowance for sur render values guaranteed by the com pany on the American 3 basis 57981705 00 Same for reversionary additions 3964789 00 2 American experience table at 3 per cent on all policies issued since Dec 31 1899 and on all nonparticipating policies 94893186 00 Same for reversionary additions 1578348 00 5 Net present value of annuities including those in reduction of premiums McClintock 3 per cent 1946928 00 8 Net reserve 160364956 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed bythecompany W8 53 12 Claims for death losses in process of ad justment or adjusted and not due 114961 88 13 Claims for death losses reported for which no proofs ave been received 164531 34 14 Reserve fonet death losses incurred but unreporled estimated 300000 00 15 Claims for matured endowments due and unpaid 5580fi 00 16 Claims for death losses and other policy claims resisted by the company 27548 60 19 Total policy claims 662847 82 99 Premiums paid in advance including surrender values so 92845 79 applied 23 Unearned interest and rent paid in advance 1009 76 25 Commissions to agents due or accrued 8879 17 26 Cost of collection on uncollected and deferred prem iums in excess of the loading thereon 60092 61 7 Salaries rents office expenses bills and accounts due or accrued estimated 50000 00 28 Medical examiners fees 14718 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 516000 00 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 773932 71ComptrolleeGteneeals Repoet 667 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 5312508 03 37 Reserve special or surplus funds not included above Contingency reserve funds suspended mortality fund 4 25169 dividend equalization fund 21539230 security fluctuation and real estate depreciation fund 1440164 73 5907176 03 41 All other liabilities Income taxes withheld at source 104 00 48 Total 176733516 45 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 8767 18230762 00 18 Policies on the lives of citizens of said State issued during the year 1207 2399091 00 19 Total 9974 20629853 00 20 Deduct ceased to be in force during the year 695 1472848 00 21 Policies in force Dec 31 1914 9279 19157005 00 23 Dosses and claims incurred during year 97 217040 00 24 Total 97 217040 00 25 Losses and claims settled during the year in cash 21129000 by compromise 175000 95 213040 00 26 Losses and claims unpaid Dee 31 1914 2 4000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 603188 97 668 ComptrollerGenerals Report THE MUTUAL LIFE INSURANCE CO OF NEW YORK N Y Home Office 34 Nassau Street New York City N Y Charles A Peabody President W J Eastern W P Dta Secretaries R P Shedden Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 596147441 76 t 596147441 76 4 Extended at v IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 969231 for first years reinsurance 5460486 08 6 Surrender value applied to pay first years premiums 39310 25 7 Total first years premiums on original policies 5499796 33 8 Dividends applied to purchase paid up ad ditions and annuities 2403019 74 10 Consideration for original annuities in volving life contingencies 478212 81 11 Consideration for supplementary contracts involving life contingencies 850051 49 12 Total new premiums 9231080 37 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 11723873 for reinsurance on renewals 43909458 26 14 Dividends applied to pay renewal prem iums 4223328 61 16 Surrender values applied to pay renewal premiums 46329 53 17 Renewal premiums for deferred annuities 7548 01 18 Total renewal premiums 48603627 41 19 Extra premiums for total and permanent disability bene fits 26307 11 20 Total premium income 57861014 89 ComptrollerGenerals Report 669 21 Consideration for supplementary contracts not involving life contingencies 448880 44 22 Dividends left with the company to accumulate at in terest 110041 56 24 Gross interest on mortgage loans per Schedule B 6354113 82 25 Gross interest on collateral loans per Schedule C 12500 00 26 Gross interest on bonds and dividends on stocks less 10118467 accrued interest on bonds acquired during 1914 per Schedule D 15045044 09 27 Gross interest on premium notes policy loans or liens 3102788 44 28 Gross interest on deposits in trust com panies and banks per Schedule E 149332 75 29 Gross interest on other debts due the com pany Interest on deferred premiums over due premiums and interest 139 71775 interest on real estate contracts 691120 146628 95 33 Gross rent from companys property in cluding 33168711 for companys occu pancy of its own buildings per Sched ule A 1449969 25 34 Total gross interest and rents 26260377 30 35 From other sources Deposits on account of pending insurance 5065414 cash over 318 policy fees 185007 premium extension fees 38 11117 witness fee paid to secretary of company 1700 collections or deposits received for account of others not paid out 14626786 236903 42 41 From agents balances previously charged off 6348 25 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 148992 38 Bonds per Schedule D 7630 16 Stocks per Schedule D 47026 80 272849 34 43 Gross increase by adjustment value of ledger assets viz book670 ComptrollerGenerals Report Bonds per Schedule D including 285 97513 for accrual of discount 28595 13 44 Total income 285975 13 85482390 33 IIIDisbursements 1 For death claims less 29837000 reinsur ance 2289883469 additions 1223 6545624122489 25 2 For matured endowments 795792333 additions 5338400 801130 3 For total and permanent disability claims 43 72 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 see In come No 6 3931025 to pay renewal premiums see Income No 16 46329253 10 Dividends paid to policyholders in cash or applied m liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at inter est see Income No 22 32133840 30 2494944 20 15812513 06 502602 78 1085987 45 4223328 61 2403019 74 110041 56 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 3990309 for legal expense 17 Paid for claims on supplementary contracts not involv ing life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premiums 248470749 renewal prem iums 161937094 annuities original 2227627 renewal 5124 22 Compensation of managers and agents not paid by com missions for services in obtaining new insurance 68570165 70 67705 67 426128 01 36515 88 4126405 94 237005 59ComptrollerGenerals Eeport 671 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 709477 57 24 Branch office expenses including salaries of managers and clerks not included in item 22 853513 36 25 Medical examiners fees 35153781 inspection of risks 7119416 422731 97 26 Salaries and all other compensation of officers directors trustees and home office employees 1454730 76 27 Bent including 33168711 for companys occupancy of its own buildings less 285033 received under sub lease 540340 69 28 Advertising 4885928 printing and stationery 171 03042 postage telegraph telephone and express 240 96162 exchange credit 1069813 450153 19 29 Legal expense not included in item 16 1647862 legis lative 573889 22217 51 30 Furniture fixtures and safes including repairs mainten ance 57569 46 31 Bepairs and expenses other than taxes on real estate 380883 44 32 Taxes on real estate 359223 41 33 State taxes on premiums 710749 63 34 Insurance department licenses and fees 33118 61 35 All other licenses fees and taxes Federal corporation tax 256000 local tax on premiums 595601 mortgage tax 2500 war tax 1804 per sonal property school levee and publication taxes in U S 210911 State transfer tax 364 foreign taxes other than on premiums 2141859 foreign tax on in vestments 191794 duty 136117 35369 50 39 Other disbursements Other investment expenses 552756 traveling general office employees 10077801 law library 270061 cost of election and election lists 1641158 general audit 791509 office supplies and expenses home office 1386171 cost of state examinations 145249 reports to governments 247799 association member ship 1386356 164988 60 Disbursed from amounts held for account of sundry parties 102005 74 46 Agents balances charged off 61588 17 47 Gross loss on sale or maturity of ledger assets viz Beal estate per Schedule A 61672 84 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 129 45882 for amortization of premium 129458 82 49 Total disbursements 80013720 06 672 ComptrollekGenerals Beport IVLedger Assets 1 Book value of real estate per Schedule A 22129049 53 2 Mortgage loans on real estate per Sched ule B first liens 127415467 26 4 Loans made to policyholders on this com panys policies assigned as collateral 90766345 11 6 Book value of bonds 32846069892 and stocks 2764623949 per Schedule D 356106938 41 7 Cash in companys office 5521816 in tran sit since received 4100000 96218 16 8 Deposits in trust companies and banks not on interest per Schedule E 253754 08 9 Deposits in trust companies and banks on interest per Schedule E 3689744 78 10 Agents balances debit 140404 24 Advanced or deposited to pay policy claims 88916 lo Accounts collectible 8014147 supplies 3370158 113843 05 Cash advanced to or in hands of officers or employees 15A80 26 12 Total ledger assets as per balance Item 50601616112 03 NonLedger Assets 13 Interest due 8239436 and accrued 1 72129873 on mortgages per Sched ule B 1803693 09 14 Interest due 262764 and accrued 4756 88742 on bonds per Schedule D part 1 4759515 06 16 Interest accrued on premium notes policy loans or liens 883069 44 17 Interest on other assets Interest accrued on deposits 10837 27 Interest accrued on real estate contracts 703 36 20 Rents due 3856880 and accrued 94 16582 on companys property i2734 62 21 Total interest and rents due and accrued 7590552 84 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 3592224 20Mi ComptrollerGeneral s Eeport 673 26 Gross deferred premiums on policies in force December 31st 1914 less re insurance premiums 3592224 20 27 Total 6014259 54 28 Deduct loaiding 1560707 48 29 Net amount of uncollected and deferred premiums 4450552 06 35 Gross assets 613657216 93 Deduct Assets Not Admitted 37 Supplies stationery printed matter 33701 58 38 Agents debit balances gross 140404 24 39 Cash advanced to or in the hands of offi cers or agents 15180 26 43 Book value of ledger assets over market value viz Bonds and stocks 2353988 85 Accounts collectible 80141 47 2623416 40 46 Admitted assets 611033800 53 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 3 914 as computed by the ins dept of the State of New York on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on policies issued prior to Jan 1 1907395301059 00 Same for reversionary additions 7494347 00 3 American experience table at 3 per cent on policies issued after Dee 31 1906 55237053 00 Same for reversionary additions 9843967 00 5 Net present value of annuities including those in reduction of premiums 3 per cent on annuities issued prior to Jan 1 1907 17621966 00 3 per cent on annuities issued after Dec 1 1906 10963909 00 674 ComptrollerGenerals Eepokt American experience table at 3 per cent 149900 at 3 per cent 193200 on divi dend additions to survivorship annuities 3431 00 Total 496465732 00 6 Deduct net value of risks of this company reinsured in other solvent companies 41087 00 496424645 00 7 Extra reserve for total and permanent dis ability benefits 14239 0Q 8 Net reserve paid for basis496438884 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 3696764 05 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de 382367 45 manded 11 Claims for death losses due and unpaid 511266 18 12 Claims for death losses in process of ad justment or adjusted and not due 582103 49 13 Claims for death losses reported for which no proofs have been received 2003240 59 14 Reserve for net death losses incurred but unreported 50000 00 15 Claims for matured endowments due and unpaid 533639 99 16 Claims for death losses and other policy claims resisted by the company 991627 48 18 Due and unpaid on annuity claims involv ing life contingencies 328746 24 19 Total policy claims 5700623 97 20 Due and unpaid on supplementary contracts not involv ing life contingencies 1600 72 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 381422 59 22 Premiums paid in advance including surrender values so applied 316355 36 23 Unearned interest and rent paid in advance 97676 73 25 Commissions to agents due or accrued 34001 92 7 Salaries rents office expenses bills and accounts due or accrued 16505 46 28 Medical examiners fees 177157 and legal fees 24459 due or accrued 2016 16 Taxes due and accrued 111452 56MB CompteollebGenebals Eepoet 675 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement g51 210 00 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 1405719 96 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 6935271 08 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 10004049 81 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 70834884 23 37 Reserve special or surplus funds not included above Fund for depreciation of securities and general contin gencies 12647615 19 41 All other liabilities Deposits on account of pending insurance 155870 63 Due sundry parties for collections made or deposits held for their account 339508 66 48 Total 611033800 53 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year13437 29344455 20 18 Policies on the lives of citizens of said State issued during the year 1438 3353122 20 19 Ttal 14875 32697577 40 20 Deduct ceased to be in force during the year 831 2663740 20 21 Policies in force Dec 31 191414044 30033837 20 22 Losses and claims unpaid Dec 31 of previous year 13 37925 43 23 Losses and claims incurred during year 147 303035 00 24 Total 160 340960 43 25 Losses and claims settled during the year in cash 30791700 by compromise 1000700 154 317924 00676 ComptrollebGenebals Kepoet 26 Losses and claims unpaid Dec 31 1914 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 6 23036 43 996610 34 THE NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY OF NASHVILLE TENNESSEE Home Office 302 7th Ave N Nashville Tenn t a 4 C R Clements Secretary C A Craig President vj 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 Dec 31 of previous year 1H8696 59 4 Extended at IIIncome 5 First week premiums on original policies without deduction for commissions or other expenses 12 Total new premiums 18 Total renewal premiums 20 Total premium income 24 Gross interest on mortgage loans per Schedule B less 33147 accrued interest on mortgages acquired during 1914 25 Gross interest on collateral loans per Schedule C 26 Gross interest on bonds and dividends on stocks less 3556 accrued interest on bonds acquired during 3914 per Sched ule D 28 Gross interest on deposits in trust com panies and banks per Schedule E 1118696 59 63053 75 63053 75 3368508 05 3431561 80 44319 82 4110 39 4409 44 985 56 ComptrollerGenerals Eepoet 677 33 Gross rent from companys property in cluding 600000 for companys occu pancy of its own buildings per Sched uIe A 6000 00 34 Total gross interest and rents 59 825 21 35 From other sources Deposited by agt in lieu of bond 5 875 44 Policy fees 177 55 41 From agents balances previously charged off 23 44 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 19 21 44 Total income 3497482 65 IIIDisbursements 1 For death claims 219 034 35 2 Disability claims 1138227 06 4 Net amount paid for losses and matured endowments1 1417 261 41 1 6 Expenses of investigation and settlement of policy claims including 269211 for legal expense 2 692 11 19 Paid stockholders for interest or dividends 60 000 00 20 Commissions to agents less commission on reinsurance First years premiums 1060979 51 23 Agency supervision and traveling expenses of supervisors except compensation for home offiee supervision 18866 76 24 Branch office expenses including salaries of managers and clerks not included in item 22 468 387 70 25 Medical examiners fees 2 831 75 26 Salaries and all other compensation of officers directors trustees and home office employees 82 747 80 27 Rent including 600000 for companys occupancy of its own buildings 39 933 72 28 Advertising 864565 printing and stationery 1686996 postage telegraph telephone and express 1451588 exchange 64399 40 gg 4g 29 Legal expense not included in item 16 627 35 30 Furniture fixtures and safes 7 817 51 31 Repairs and expenses other than taxes on real estate 1055 85 32 Taxes on real estate and personalty 7 216 80 33 State taxes on premiums 36 634 79 34 Insurance department licenses and fees 1 105 24 35 All other licenses fees and taxes Federal corporation tax 234 53 4402 33 5636 86678 ComptbollebGtenebals Eepoet 39 Other disbursements 0000 i Gen 1 expense Int agt bonds t 41o 78 46 Agents balances charged oft 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 3 69 976 02 49 Total disbursements IVLedger Assets 1 Book value of real estate per Schedule A 83276 01 2 Mortgage loans on real estate per Sched ule B first liens 954561 16 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 64600 00 4 Loans made to policyholders on this com panys policies assigned as collateral 6 Stocks 100000 per Schedule D 94265 84 7 Cash in companys office 4221 93 Cash in companys office district 12303 01 8 Deposits in trust companies and banks not on interest per Schedule E 95838 38 9 Deposits in trust companies and banks on interest per Schedule E 39610 89 10 Bills receivable 20000 agents balances debit 338443 credit 123246 net 215197 2361 97 Stock and carriage 2139 3 12 Total ledger assets as per balance Item 50 1353203 22 NonLedger Assets 13 Interest due 587464 and accrued 12 31824 on mortgages per Schedule B 18192 88 14 Interest accrued on bonds per Schedule D parti 61667 15 Interest accrued on collateral loans per Schedule C part 1 7 ii 21 Total interest and rents due and accrued 19081 21ComptrollerGeneral s Eeport 679 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 51610 89 27 Total 28 Deduct loading 51610 89 20644 35 29 Net amount of uneollected and deferred premiums 35 Gross assets Deduct Assets Not Admitted 30966 54 1403250 97 38 Agents debit balances gross 4 40 Bills receivable 42 Stock and carriage 43 Book value of ledger assets over market value viz Stocks and bonds 3384 43 200 00 2139 03 3455 84 46 Admitted assets 2 gg q g VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz Combined experience 4 per cent 438085 47 2 American experience table at 4 per cent 36550 72 4 Other tables and rates viz Reserve for disability element 43 587 56 Total 7 Extra reserve for total and permanent dis ability benefits 518223 75 29617 08 8 Net reserve 12 Claims for death losses in process of ad justment or adjusted and not due 13 Claims for losses in process of adjustment and reported for which no proofs have been received acct dept 547840 83 2717 17 3805 21680 ComptrollerGenerals Eeport 16 Claims for death losses and other policy claims resisted by the company acct dept 3373 83 19 Total policy claims 22 Premiums paid in advance including surrender values so applied 25 Commissions to agents due or accrued 27 Salaries rents office expenses bills and accounts due or accrued 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 37 Reserve special or surplus funds not included above Contingent reserve 41 All other liabilities Deposited by agt in lieu of bond Deposited by agt in lieu of bond 46 Capital stock 47 Unassigned funds surplus 48 Total Business in the State of Georgia During 1914 No 17 Policies on the lives of citizens of said State in force Dee 31 of previous year 6948 18 Policies on the lives of citizens of said State issued during the year 8904 19 Total 15852 20 Deduct ceased to be in force during the year 8315 9896 21 73988 80 15732 64 5008 70 42930 28 250000 00 31841 09 770 00 200000 00 21600 12 1394071 07 Amount 322387 00 431488 00 753875 00 388652 in 21 Policies in force Dec 31 1914 7537 365243 00 2 Losses and claims unpaid Dec 31 of previous 9 year 23 Losses and claims incurred during year 4763 24 Total 4765 81 00 19242 54 1932 54 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 5 19323 51 54814 76P COMPTBOLLEBGrENEBAL s EePOBT 681 NATIONAL LITE INSURANCE COMPANY OF MONTPELIEE VT Joseph A DeBaer President resiaem 0sman D a Secret Geo M Hope Co Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 57260823 43 4 Extended at 57260823 43 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 662058 62 6 Surrender values applied to pay first years Premiums 2010 42 7 Total first years premiums on original TPiieiS 664069 04 8 Dividends applied to purchase paid up ad ditions and annuities 49 701 08 10 Consideration for original annuities involv ing life contingencies 638 471 91 11 Consideration for supplementary contracts involving life contingencies 5 872 59 12 Total new premiums 4 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses 5289 445 88 14 Dividends applied to pay renewal prem iums 551721 56 15 Dividends applied to shorten the endow ment or premiumpaying period 25 071 77 16 Surrender values applied to pay renewal P8 1067 86 17 Renewal premiums for deferred annuities 1731 80 18 Total renewal premiums 5869038 87 20 Total premium income 7 227 153 49 21 Consideration for supplementary contracts not involving life contingencies 63 566 12 22 Dividends left with the company to accumulate at interest il27 60682 ComptrollerGenerals Report 24 Gloss interest on mortgage loans per Schedule B less 2192279 accrued in terest on mortgages acquired during 1914 1481656 48 26 Gross interest on bonds and dividends on stocks less 2726732 accrued interest on bonds acquired during 1914 per Schedule D 27 Gross interest on premiums notes policy loans or liens Gross interest on deposits in trust com panies and banks per Schedule E 29 Gross interest on other debts due the com pany Gross interest on premiums Gross interest on nonledger assets see Schedule X and Y 32 Gross discount on claims paid in advance 33 Gross rent from companys property in cluding 1000000 for companys occu pancy of its own buildings per Sched ule A 28 800408 26 562529 91 26103 59 7043 98 3445 47 537 14 21901 67 34 Total gross interest and rents Bsuo 35 From other sources Profit on policy adjustments previously charged off Profit on premium tendered contested claim 41 From agents balances previously charged off Sched Y 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A Bonds per Schedule D 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 769040 for accrual of discount 50 25 00 32 08 7 993 92 74 50 4 748 58 7690 40 44 Total income 10216038 19 IIIDisbursements 1 For death claims 200462029 additions 371301 2008333 30 2 For matured endowments 108315700 ad ditions 388226 1087039 26 4 Net amounts paid for losses and matured endowments 3095372 56 5 For annuities involving life contingencies 541198 63 7 Surrender values paid in cash or applied in liquidation 129499 2o of loans or notesComptbollebGenebals Report 683 S Surrender values applied to pay new premiums see In come No 6 201042 to pay renewal premiums see Income No 16 106786 3 078 28 10 Dividends paid to polieyholders in cash or appliedin liquidation of loans or notes 595 620 48 11 Dividends applied to pay renewal premiums see Income No 14 12 Dividends applied to shorten the endowmentor premium paying period see Income No 15 25 071 77 13 Dividends applied to purchase paidup additions andan nuities see Income No 8 49 701 08 14 Dividends left with the company to accumulate at inter est see Income No 22 1Q 1127 60 13 Total paid polieyholders 6 142 391 21 16 Expenses of investigation and settlement of policy claims including 61911 for legal expense 836 g2 17 Paid for claims on supplementary contracts not involv ing life contingencies 3 18 Dividends and interest thereon held on deposit surrender ed during the year 924 17 20 Commissions to agents less commission on reinsurance First years premiums 30598957 renewal premiums 390598 23 annuities original 31927 08 re newal 8801 00 33602 89 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision i6 619 19 24 Branch office expenses including salaries of managers and clerks not included in item 22 94 466 29 25 Medical examiners fees 4984900 inspection of risks 665419 oa 56503 19 26 Salaries and all other compensation of officers directors trustees and home office employees 187 053 14 27 Rent including 1000000 for companys occupancy of its own buildings 57 245 68 28 Advertising 1849217 printing and stationery 25 03896 postage telegraph telephone and express 27 29964 exchange 77314 71 603 91 29 Legal expense not included in item 16 97 94 30 Furniture fixtures and safes 7 651 13 31 Repairs and expenses other than taxes on real estate eWt 22 32 Taxes on real estate 5107 7g 33 State taxes on premiums 117070 25 34 Insurance department licenses and fees 733 64 35 AH other licenses fees and taxes Surplus tax gr Municipal licenses 191694 Personal property stax 9549 IT S revenue tax 5040 2 062 83 684 ComptrollerGenerals Report 39 Other disbursements Home office supplies Home office travel Investment expense Loss on policy claims 46 Agents balances charged off Schedule Y 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 79 10462 for amortization of premium Real estate per Schedule A 49 Total disbursements 15480 85 741 52 50393 81 73 31 7399 99 250 00 79104 02 5000 00 766603 14 IVLedger Assets 1 Book value of real estate per Schedule A 235000 00 2 Mortgage loans on real estate per Sched ule B first liens 2881768122 4 Loans made to policyholders on this com panys policies assigned as collateral 8212891 15 5 Premium notes on policies in force 2056921 99 6 Book value of bonds 19862214 34 7 Cash in companys office 8 Deposits in trust companies and banks not on interest per Schedule H 20000 00 9 Deposits in trust companies and banks on interest per Schedule E 500827 78 10 Agents balances debit 279328 credit 28884 net 250444 2504 44 12 Total ledger assets as per balance Item 50 59710258 48 NonLedger Assets 13 Interest due 382366 and accrued 759 0S575 on mortgages per Schedule B 14 Interest due 132200 and accrued 305 94992 on bonds per Schedule D part 1 16 Interest due 5250200 and accrued 280 52759 on premium notes policy loans or liens 17 Interest accrued on other assets Bank balances Interest due 2677 on premiums 762909 41 307271 92 333029 59 1153 90 26 77 ComptrollerGenerals Report 685 20 Rents accrued on companys property lease 393 37 21 Total interest and rents due and accrued 1 404 784 96 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 466833 58 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 610662 go 27 Totals 28 Deduct loading 1077516 08 237122 86 29 Net amount of uneolleeted and deferred premi 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances grossg 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 2793 28 148 00 445647 00 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Actuary on the following tables of mortality and Tates of interest viz 1 Actuaries table at 4 per cent on all busi ness in force issued prior to January 1 1901 23534406 00 Same for reversionary additions 101 092 00 2 American experience table at 3 per cent on all business in force issued subsequent to January 1 1901 22484527 00 Same for reversionary additions 163730 00 5 Net present value of annuities including those in reduction of premiums McClintocks annuitants tables with inter 840393 22 61955436 66 448588 28686 CompteolleeGenebals Eepoet est at 3 per cent and American 3 per cent on insurance features with rever sion 5374090 00 Total 51657845 00 51657845 00 8 Net reserve v 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the companys actuary 251610 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de 3823 08 manded 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 61lol 00 14 Reserve for net death losses incurred but unreported 50000 00 15 Claims for matured endowments due and unpaid 405000 16 Claims for death losses and other policy claims resisted by the company 21000 00 18 Due and unpaid on annuity claims involv ing life contingencies 20625 13 19 Total policy claims 159826 13 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 1j832 07 2 Premiums paid in advance including surrender values so 6572 28 applied 23 Unearned interest and rent paid in advance 2192 30 25 Commissions to agents due or accrued 163 6o 26 Cost of collection on uncollected and deferred prem iums in excess of the loading thereon 16799 37 27 Salaries rents office expenses bills and accounts due or 25000 00 accrued 28 Medical examiners fees 31800 and legal fees 107000 t i 1388 00 due or accrued 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 176233 29 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de 60930 11 ferred premiums ComptbolleeGenebals Kepoet 687 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 793868 55 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 508239 43 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 7 p i 4524622 20 37 Keserve special or surplus funds not included above Life rate endowment extra reserve 145 711 69 Surplus set apart for payment at termination of insurance lol89 8 41 All other liabilities Eeal estate taxes accrued 2 584 39 47 Unassigned funds surplus 3 iin 02 48T0taI 61506848 38 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force o t 31 f previous year 7695763 08 18 1 olicies on the lives of citizens of said State issued dur ing the year 1871530 32 19 Total Qfiooo a 9o67293 40 ZO Deduct ceased to be in force during the year i 084 258 38 21 Policies in force Dec 31 1914 8 483 035 02 22 Dosses and claims unpaid December 31 of previous year 6007 00 23 Losses and claims incurred during year 44l74 00 24 TotaI 50181 00 25 Losses and claims settled during the year in cash 45 162 00 26 Losses and claims unpaid Dec 31 1914 5 019 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 242 254 18688 ComptrollebGeneeals Eepoet NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES OF AMERICA OF CHICAGO ILL A M Johnson President Kobt D Lay Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance Dec 1 of previous year 11527144 10 4 Extended at 11527144 10 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 847523 for first years reinsurance 359999 29 7 Total first years premiums on original policies 35999J 9 8 Dividends applied to purchase paid up ad ditions and annuities 6811 19 9 Surrender values applied to purchase paid up insurance and annuities 45111 53 12 Total new premiums 411922 01 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 17 49743 for reinsurance on renewals 2176874 00 14 Dividends applied to pay renewal prem iums 57962 85 18 Total renewal premiums 2234836 85 19 Extra premiums for total and permanent disability bene fits 719 74 20 Total premium income 2647478 60 21 Consideration for supplementary contracts not involving life contingencies 13535 85 24 Gross interest on mortgage loans per Schedule B 186120 29ComptrollerGenerals Beport 689 25 Gr ross interest on collateral loans per Schedule C 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 per Schedule E 29 Gross interest on other debts due the com pany 32 Gross discount on claims paid in advance 33 Gross rent from companys property in eluding 21000 for companys occu pancy of its own buildings per Sched ule A 5192 15 207756 06 131426 44 29795 11 3951 98 74 82 12989 04 34 Total gross interest and rents 35 From other sources From certificate of deposit previously charged off Profit and loss 41 From agents balances previously charged off 42 Gross profit on sale or maturity of ledger assetsviz Bonds per Schedule D Stocks per Schedule D 44 Life department 45 Income casualty dept 577305 89 5010 00 128 53 3830 60 145 00 54 50 3247488 97 782870 59 Total income 4030359 56 IIIDisbursements 1 For death claims less 367700 reinsur ance 65965759 additions 884978 668507 37 2 For matured endowments 58010 00 4 Net amounts paid for losses and matured endowments 726 517 37 o For annuities involving life contingencies 23H4 n 6 Premium notes and liens voided by lapse less 56639 restorations 7a 5076 99 7 Surrender values paid in cash or applied in liquidation of loans ornotes 596003 98 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 45 111 53 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes n 7n r 11 Dividends apphed to pay renewal premiums see Income No 14 57962 85690 ComptbollebGeneeals Report 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 6811 19 15 16 17 19 20 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Total paid policyholders Expenses of investigation and settlement of policy claims including 158798 for legal expense Paid for claims on supplementary contracts not involv ing life contingencies Paid stockholders for interest or dividends Commissions to agents less commission on reinsurance First years premiums 24079376 renewal premiums 12134140 Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Branch office expenses including salaries of managers and clerks not included in item 22 Medical examiners fees 2665350 inspection of risks 479417 Salaries and all other compensation of officers directors trustees and home office employees Bent including 21000 for companys occupancy of its own buildings Advertising 524923 printing and stationery 1354509 postage telegraph telephone and express 869180 exchange 220165 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 All other licenses fees and taxes Federal income tax M 4 766 43 590 86 1541398 57 2082 98 9198 39 50000 00 362135 16 21480 56 5648 52 31561 75 31447 67 165151 83 25149 96 29687 77 13326 11 8553 77 7626 20 4148 92 37511 49 15139 41 Publication of annual statements All other 39 Other disbursements Investment expenses Taxes on pers property 177334 rev stamps 12157 Assoc of life ins presidents Assoc of legal reserve life ins co of 111 Miscellaneous expense Profit and loss 2044 64 1894 91 855 64 2952 97 3836 98 355 76 2527 33 11940 90ComptrollerGeneral s Eepoet 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger asetiviz btoeks per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Collateral loans Bonds per Schedule D Stocks per Schedule D 49 Total disbursements life department 50 Disbursements casualty dept Total disbursements IVLedger Assets 5038 09 73212 87 2169730 12 1 Book value of real estate per Schedule A 2 Mortgage loans on real estate per Sched ule B first liens 3678258 62 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made to policyholders on this com panys policies assigned as collateral 5 Premium notes on policies in force 22743 6 Book value of bonds 151569906 and stocks 352349107 per Schedule D 5039 190 13 7 Cash in companys office 32292 85 8 Deposits in trust companies and banks not on interest per Schedule E 14799 66 9 Deposits in trust companies and banks on interest per Schedule E 887 929 50 10 Agents balances debit 7706273 credit including suspense acct 193223 net 7513050 Partial payments made on death losses that are carried for full amt in liabili ties Casualty department 75130 50 13317 18 52385 77 691 9537 46 897 50 60000 00 2200 00 84080 00 2532432 25 757046 47 3289478 72 12 Total ledger assets as per balance Item 50 12268024 94 NonLedger Assets 13 Interest due 1660338 and accrued 68 30311 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest due 12717 and accrued 11524 on collateral loans per Sehed C part 1 84906 49 9499 03 242 41692 ComptkolleeGeneeals Eepoet 16 Interest accrued on premium notes policy loans or Hens 17 Interest accrued on other assets 13176 24 1979 90 21 Total interest and rents due and accruedi 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 109804 07 160982 93 47964 91 135675 39 5668 67 175950 04 27 Totals 53633 58 28 Deduct loading 31392 66 311625 43 56085 22 29 Net amount of uncolleeted and deferred premiums 22240 92 255540 21 277781 13 12816593 07 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 77062 3 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 30824 04 44 Casualty Dept 18421 09 126307 86 1 2 690 85 l 46 Admitted assets lzowaoo VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on insur ance issued prioT to 1903 and part of insurance issued from 1903 to 1907 in elusive 5097450 00 Same for reversionary additions 1068 00COMPTKOLLERGENEKAL s REPORT 2 American experience table at 3 per cent on insurance issued subsequent to 1907 and balance of insurance issued from 1903 to 1907 inclusive 5563685 00 Same for reversionary additions 2471 00 5 Net present value of annuities including those in reduction of premiums Actuaries table at 4 per cent 533s 00 American experience table at 3 per cent 121752 00 Total 10791764 00 6 Deduct net value of risks of this company reinsured in other solvent companies 48823 00 693 10742941 00 7 Extra reserve for total and permanent dis ability benefits 1 392 qo 8 Xet reserve 10744332 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 60571 2 12 Claims for death losses in process of ad justment or adjusted and not due 19953 13 13 Claims for death losses reported for which no proofs have been received 61 712 94 14 Reserve for net death losses incurred but unreported 5000 00 15 Claims for matured endowments due and lmPaiI 3300 00 16 Claims for death losses and other policy claims resisted by the company 3000 00 18 Due and unpaid on annuity claims involv ing life contingencies 2 499 73 19 Total policy claims 95 46g 80 22 Premiums paid in advance including surrender values so aPPied 11651 86 23 Unearned interest and rent paid in advance 50 475 25 24 Commissions due to agents on premium notes when paid 2 243 44 25 Commissions to agents due or accrued 3 072 41 26 Cipst of collection on uncollected and deferred prem iums in excess of the loading thereon 1 282 22 27 Salaries rents office expenses bills and accounts due or accrued 3000 00 28 Medical examiners fees 1 764 00694 ComptrollerGenerals Report 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 74372 91 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 6739 86 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 18691 51 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 86325 08 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 642046 39 41 All other liabilities Casualty department 177226 69 46 Capital stock 500000 00 47 TTnassigned funds surplus 211024 57 48 Total 12690285 21 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1472 2069700 94 18 Policies on the lives of citizens of said State issued during the year 308 469764 11 19 Total 1780 2539465 05 20 Deduct ceased to be in force during the year 225 316619 71 21 Policies in force Dec 31 1914 1555 2222845 34 22 Losses and claims unpaid Dec 31 of previous year 2 2041 68 23 Losses and claims incurred during year 8 8129 43 24 Total 10 10171 11 25 Losses and claims settled during the year in cash 803055 by compromise 114056 9 9171 11 26 Losses and claims unpaid Dec 31 1914 1 1000 00ComptbollerGeneral s Report 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses Life Accident and health 695 74533 77 41601 97 NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF BOSTON MASS Alfred D Foster President j A Barbey Secretarv Robert J Guinn Attorney for Service Atlanta ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 64036849 11 4 Extended at 64j03684a u IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 976664 55 7 Total first years premiums on original Plieies 976664 55 8 Dividends applied to purchase paid up ad ditions and annuities 256 084 00 11 Consideration for supplementary contracts involving life contingencies 8 665 31 12 Total new premiums j 41 41 a 86 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses 6979167 08 14 Dividends applied to pay renewal prem hms 1366836 17 18 Total renewal premiums g 343 0Q3 25 19 Extra premiums for total and permanent disability bene fits 1703 49 20 Total premium income 9 59 J20 60 21 Consideration for supplementary contracts not involving life contingencies 143 021 00696 ComptrollerGenerals Eeport 22 Dividends left with the company to accumulate at interest 2915 75 24 Gross interest on mortgage loans per Schedule B 670464 02 25 Gross interest on collateral loans per Schedule C 11515 19 26 Gross interest on bonds and dividends on stocks less 2426395 accrued interest on bonds acquired during 1914 per Schedule D 1636586 13 27 Gross interest on premium notes policy loans or liens 536899 31 28 Gross interest on deposits in trust com panies and banks per Schedule E 19699 49 32 Gross discount on claims paid in advance 62 80 33 Gross rent from companys property in cluding 4438000 for companys occu pancy of its own buildings per Sched ule A 128910 77 34 Total gross interest and rents 3004137 71 35 From other sources Federal income tax withholdings 644 00 FirstSecond National Bank Pittsburgh Pa in liquida tion of claim 5093 45 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 6131 50 44 Total income 12751064 01 IIIDisbursements 1 For death claims 291973200 additions 4762200 2967354 00 2 For matured endowments 55303000 ad ditions 1143100 564461 00 4 Net amounts paid for losses and matured endowments 3531815 00 7 Surrender values paid in cash or applied in liquidation of loans or notes 1177520 33 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 199911 87 11 Dividends applied to pay renewal premiums see Income No 14 1366836 17 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 256084 00 14 Dividends left with the company to accumulate at inter est see Income No 22 2915 75 15 Total paid policyholders 6535083 12 ComptrollerGenerals Eepoet 697 16 Expense of investigation and settlement of policy claims including 29379 for legal expense 293 79 1 Paid for claims on supplementary contracts not involv ing hfe contingencies lqiMn 18 Dividends and interest thereon held on deposit surrender ed during the year 9 673 87 18a Paid for claims on supplementary contracts involving life contingencies 20 Commissions to agents less commission on reinsurance First years premiums 45824390 renewal premiums 4o416238 21 Commuted renewal commissions 777 o a 23 Agency supervision and traveling expensesofsupervisors except compensation for home office supervision 4 599 95 24 Branch office expenses including salaries of managers and clerks not included in item 22 159 76Q 4Q 25 Medical examiners fees 8737007 inspection ofrisks 1682630 26 Salaries and all other compensation of officers directors trustees and home office employees 239 75g 27 Rent including 4438000 for companys occupancyof its own buildings 5Q 28 Advertising 1178923 printing and stationery 37 58763 postage telegraph telephone and express H 86809 exchange 116399 6g 29 Legal expense not included in item 16 46 5g 30 Furniture fixtures and safes 7 10 517 70 31 Repairs and expenses other than taxes on real estate SotOI 48 32 Taxes on real estate oA on 33 btate taxes on premmms 10682203 tax on reserve 47 56514 tA T 154387 17 34 Insurance department licenses and fees u 800 88 35 All other licenses fees and taxes Federal corporation tax 2183 7 Revenue stamps 2240 municipal licenses 316827 3790 67 Compulsory advertising 89559 miscellaneous taxes and fees 79640 fis 1681 99 39 Other disbursements Association of life insurance presidents 185772 legis lative expense 64017 2 497 89 Mortgage expense 163375 agency meeting 295868 492 43 Office supplies 1023888 fidelity company bonds 1 T 3fV 11549 18 Lunches for night work 210600 auditing accounts 2 p2t18 432400 Irotective watch service 104200 sundries 45998 1501 98 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 116963 72698 CompteollebGenebals Eepobt Bonds per Schedule D including 3903457 for amortiza tion of premium 79034 o7 Stocks per Schedule D 170898 00 49 Total disbursements 8785410 12 IVLedger Assets 1 Book value of real estate per Schedule A 1786873 34 2 Mortgage loans on real estate per Sched ule B first liens 15031884 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 222850 00 4 Loans made to policyholders on this com panys policies assigned as collateral 10773038 88 5 Premium notes on policies in force 892353 36 6 Book value of bonds 3564036104 and stocks 251036433 per Schedule D 38150725 37 7 Cash in companys office 387 77 9 Deposits in trust companies and banks on interest per Schedule E 1144390 28 12 Total ledger assets as per balance Item 50 68002503 00 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 126681 70 14 Interest accrued on bonds per Schedule D part 1 542735 54 15 Interest on collateral loans per Schedule C part 1 3575 16 16 Interest due 5199410 and accrued 135 25662 on premium notes policy loans or liens 187250 72 17 Interest accrued on other assets Bank 1381 63 20 Bents due 33983 and accrued 601291 on companys property or lease 6352 74 21 Total interest and rents due and accrued 867977 49 22 Market value of real estate over book value per Sched ule A 3499 00 23 Amortized value not including interest in item 14 of bonds and stocks over book value per Schedule D 654683 63CompteolleeGeneeals Repobt 699 o New Business Eenewals to Uross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 7754 60 498568 71 tb Lrross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 133804 42 16gj823 93 28 lT I U1559 2 668392 64 28 Deduct loading 3069 00 144913 75 29 Net amount of uncolleeted and deferred premiums 110869 02 523478 89 634347 91 35 Gross assets 70163011 03 Deduct Assets Not Admitted 46 Admitted assets 70163011 03 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the companys actuary on the following tables of mor tality and rates of interest viz 1 Actuaries table at 4 per cent on all poli cies issued prior to 1901 30134669 06 2 American experience table at 3 per cent on all policies issued from Jan 1 1901 to Dec 15 1907 except joint life addi tions on all policies to Jan 1 1908 18265423 12 Same for reversionary additions 1458966 50 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 11 131 901 26 Same for reversionary additions 212321 25 5 Net present value of annuities including those in reduction of premiums 4 per cent actuaries table 46 75 3 per cent American experience table 1573 57700 CompteollebGtenebals Kepoet 3 per cent American experience table 134258 6a 7 Extra reserve for total and permanent dis ability benefits 855 96 8 Net reserve 61340016 12 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the companys actuary 468361 59 11 Claims for death losses due and unpaid 159 00 12 Claims for death losses in process of ad justment or adjusted and not due 73933 48 13 Claims for death losses reported for which no proofs have been received 139811 00 14 Reserve for net death losses incurred but unreported 47678 00 15 Claims for matured endowments due and unpaid 65793 05 16 Claims for death losses and other policy claims resisted by the company 12691 00 19 Total policy claims 340067 53 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 8004 12 22 Premiums paid in advance including surrender values so applied 5824 68 23 Unearned interest and rent paid in advance 8972 67 24 Commissions due to agents on premium notes when paid 38747 9 25 Commissions to agents due or accrued 5276 54 7 Salaries rents office expenses bills and accounts due or accrued 6666 94 28 Medical examiners fees 175300 and legal fees 25000 due or accrued 2003 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 157450 39 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 228075 00 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 1855000 00 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 147366 55 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 194533 50ComptrolleeGenebals Repoet 701 37 Reserve special or surplus funds not included above Reserve for equalization of mortality and depreciation of assets g 41 All other liabilities Federal income tax withholdings 644 00 47 Unassigned funds surplus 5003584 45 48TtaI 70163011 oT Business in the State of Georgia During 1914 r No Amount 17 Policies on the lives of citizens of said State i nforce Dec 31 of Pvious year 2837 6162131 00 18 Policies on the lives of citizens of said State issued during the year 590 li88164 00 JS S a 3427 7350295 00 JO Ueduct ceased to be in force during the year 310 732900 00 21 Policies in force Dec 31 1914 3jll7 6617395 00 22 Losses and claims unpaid Dec 31 of previous year 3 475 00 6 bosses and claims incurred during year 29 61491 00 24 Ttal 32 61996 00 25 Losses and claims settled during the year in na T Ca8h 27 47739 00 2b Losses and claims unpaid Dec 31 1914 5 14 227 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 204 088 11 NEW YORK LIFE INSURANCE COMPANY OF NEW YORK N Y Darwin P Kingsley President Seymour M Ballard Secretary E J Clark Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dee 31 of previous year762850703 40 4 Extended at 762850703 40702 ComptrollerGenerals Eeport IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 8978500 82 7 Total first years premiums on original policies 8978500 82 8 Dividends applied to purchase paid up ad ditions and annuities 1719591 86 10 Consideration for original annuities in volving life contingencies 342058 77 11 Consideration for supplementary contracts involving life contingencies 103649 90 11a Consideration for total and permanent dis ability claims allowed 39488 00 12 Total new premiums 11183289 35 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 86 76189 for reinsurance on renewals in cluding 640093 premiums waived for total and permanent disability 73702711 11 14 Dividends applied to pay renewal prem iums 5198778 76 16 Surrender values applied to pay renewal premiums 126300 44 17 Renewal premiums for deferred annuities 47362 33 18 Total renewal premiums 79075152 64 19 Extra premiums for total and permanent disability bene fits first year premiums 8292000 renewal premiums 12581600 208736 00 20 Total premium income 90467177 99 21 Consideration for supplementary contracts not involving life contingencies 38564 09 22 Dividends left with the company to accumulate at interest 198842 78 24 Gross interest on mortgage loans per Schedule B less 1708216 accrued in terest on mortgages acquired during 1914 7509010 87 26 Gross interest on bonds and dividends on stocks less 13141396 accrued interest on bonds acquired during 1914 per Schedule D 19293228 99ComptrollerGenerals Eeport 27 Gross interest on premium notes policy 28 ranS r HfM 7158715 58 28 Gross interest on deposits in trust com panies and banks per Schedule E 273 017 67 29 Gross interest on other debts due the com 233 33 11223 61 703 pany Gross interest on agents debts 32 Gross discount on claims paid in advance 33 Gross rent from companys property in cluding 29037712 for companys occu pancy of its own buildings per Sched ule A 693969 50 34 Total gross interest and rents 35 From other sources 34939399 00 PoTcyiSfeesSadanCedin PreViUS MW rePaid 6530 52 Doubtful debts recovered 1422076 incometaxdeduc tion at source 584558 Bonuses received for prepayment oVextensionofmortg loans 42 Gross profit on sale or maturityofledgerassetsviz Bonds per Schedule D 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 24899441 for accrual of discount Bonds and mortgages 2484 41 6 s 7973 00 44 Total income 126266574 64 11625 23 20066 34 7137 15 30263 58 IIIDisbursements 1 For death claims less 754310 reinsur ance 2533987805 additions 890 v 390J 26230268 21 Jor matured endowments less 121663 reinsurance 1007915285 additions v2ff510101694 35 3 ior total and permanent disability claims 39488 00 4 Net amounts paid for losses and matured endowments 36 371450 56 o For annuities involving life contingencies lWs7n 09 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay renewal Premiumssee Income No 16 10 Dividends paid to policyholders in cashor applied in liquation of loans or notes 10003706 94704 ComptrollerGenerals Eeport 11 Dividends applied to pay renewal premiums see Income No 14 5198778 76 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 1719591 86 14 Dividends left with the company to accumulate at inter est see Income No 22 198842 78 14a Paid Government of Italy on account of reserve and sur plus on policies transferred to government 7936 26 15 Total paid policyholders 71971365 83 16 Expense of investigation and settlement of policy claims including 4239385 for legal expense 49978 60 16a Premiums waived by company on account of total and permanent disability 6400 93 17 Paid for claims on supplementary contracts not involv ing life contingencies 31 11 6 18 Dividends and interest thereon held on deposit surrender ed during the year 33509 67 20 Commissions to agents less commission on reinsurance First years premiums 424015728 renewal prem iums 184369503 annuities original 1385745 renewal 139451 6099104 27 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 24765 32 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 1064048 86 24 Branch office expenses including salaries of managers and clerks not included in item 22 1143853 41 25 Medical examiners fees 35586401 inspection of risks 9407016 449934 17 26 Salaries and all other compensation of officers directors trustees and home office employees 1786881 72 27 Rent including 29037712 for companys occupancy of its own buildings less 158449 received under sub lease 588615 16 28 Advertising 5107092 printing and stationery 232 33T78 postage telegraph telephone and express 26127797 exchange 26375497 808431 64 29 Legal expenses not included in item 16 12355 84 30 Furniture fixtures and safes 90031 27 31 Repairs and expenses other than taxes on real estate 179448 05 32 Taxes on real estate 119123 11 33 State taxes on premiums 915941 36 34 Insurance department licenses and fees 22971 34 35 All other licenses fees and taxes Federal corporation tax 100578 57ComptrollerGenerals Eeport 705 L0SMand taX6S 58426 tax V serves Miscellaneous taxes including23o5689 tax oninterest receipts 39 Other disbursements 38569 71 4l OnittariUDder NyIiC COntraCtS JWl 64 41 Doubtful debts marked off 7 946 66 a Books papers and subscriptions 826654 special inspection reports 576992 lunch for companys employees 86 65917 miscellaneous items of expense 1071196 legislative and departmental expenses 319808 expenses directors election 1915 1952389 traveling ex penses 1718816 151 317 72 43 Examinations and audits of the companys accounts 44 Miscellaneous interest payments 57 58219 bank charges 1275815 cus tody of and insurance on securities 23 61259 premium on fidelity bonds 5 85834 bond and mortgage expense 4 34720 104158 47 45 Remittances received in previous years D0W adUSted 13368 82 47 Gross loss on sale or maturity of ledger assets viZ 116929 Bonds per Schedule D 48 Gross decrease by adjustment in book Value of ledger assets viz Bonds per Schedule D including 267 22780 for amortization of premium 7fU Bonds and mortgage 1704336 84 s s 329 38 49 Total disbursements 89278686 83 IVLedger Assets 1 Book value of real estate per Schedule A 9826 142 06 2 Mortgage loans on real estate per Sched ule B first liens 156674059 30 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 150 000 00 4 Loans made to policyholders on this com panys policies assigned as collateral 148500392 74 5 Premium notes on policies in force 4874 825 30 6 Book value of bonds 46502105069 and stocks 29467188 per Schedule D 465315722 57706 CompteolleeGeneeals Eepoet 7 Cash in companys office 3351 81 8 Deposits in trust companies and banks not on interest per Schedule E 1721192 87 9 Deposits in trust companies and banks on interest per Schedule E 11972954 64 10 Bills receivable 164950 branch office debit balances 53123473 credit 32 61676 net 49861797 500267 47 11 Cash in companys branch office 166 20054 cash in transit 13348191 299682 45 12 Total ledger assets as per balance Item 50 NonLedger Assets 13 Interest due 22840930 and accrued 1 75093913 on mortgages per Sched B 1979348 43 14 Interest due 25336379 and accrued 6 36518680 on bonds per Schedule D part 1 6618550 59 15 Interest accrued on collateral loans per Schedule C part 1 16 Interest accrued on premium notes policy loans or liens 18 Interest due 2367036 and accrued 10 83870 on bank balances 20 Bents due 2099120 and accrued 1 14799 on companys property or lease 1500 00 635206 04 34509 06 22139 19 21 Total interest and rents due and accrued 9291253 31 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 6634367 40 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 5807615 00 27 Total 12441982 40 28 Deduct loading 3110495 61 29 Net amount of uncollected and deferred premiums 9331486 79 35 Gross assets 818461331 31ComptrollerGenerals Report Deduct Assets Not Admitted 707 40 Bills receivable oD 1649 50 43 Book value of ledger assets over market value viz On bonds and stocks 26993051 47 Branch office debit balances 531 234 73 46 Admitted assets tnnn 90935395 61 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the insurance de partment of the State of New York on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on all insurance except those specified belT 541436753 00 toame for reversionary additions 5 525 138 00 4 Other tables and rates viz Double American experience table at 3 per cent on tropical insurances and those on impaired lives 41989126 00 bame for reversionary additions 142 711 00 SesquiAmerican experience table at 3 per cent on semitropical insurances and those on partially impaired lives 47143163 00 Same for reversionary additions lOe948 00 5 Net present value of annuities including those in reduction of premiums McClintocks annuity table 3 per cent 15526850 00 f1 651870689 00 6 Deduct net value of risks of this company reinsured in other solvent companies 110412 00 7 Extra reserve for total and permanent dis ability benefits 129188 0Q 8 Net reserve o t 651889465 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 708 CompteollebGenebals Bepobt 9a Present value of future premiums waived on account of total and permanent disability 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 12 Claims for death losses in process of ad justment or adjusted and not due 1382308 69 13 Cairns for death losses reported for which no proofs have been Teeeived 2588678 36 14 Reserve for net death losses incurred but unreported 15 Claims for matured endowments due and unpaid 16 Claims for death losses and other policy claims resisted by the company 17 Claims for total and permanent disability benefits 1535500 and for additional accidental death benefits 18 Due and unpaid on annuity claims involv ing life contingencies 1500000 00 702910 82 418660 13 15355 00 144532 85 38257 00 234743 49 19 Total policy claims 20 Due and unpaid on supplementary contracts not involv ing life contingencies 21 Dividends left with the company to accumulate at inter est 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 25 Commissions to agents due or accrued 27 Salaries rents office expenses bills and accounts due or accrued 28 Medical examiners fees 1963178 inspectors fees 4 43750 and legal fees 784857 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 1915 whether contingent upon the payment of renewal premiums or otherwise 85 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 6752445 85 2051 25 427444 54 848969 17 3199964 40 58377 96 8827 89 95186 38 31917 85 1128353 75 1114343 54 8117882 00 8986237 86ComptrollerGenerals Report 709 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item o t 88902104 00 Al Reserve special or surplus funds not included above Annual dividend equalization funds 162361800 secur ity fluctuation and general contingency fund 11 381 B 1352 V I 13004753 25 Reserve for future expenses on paid up annual dividend JT 320000 00 41 All other liabilities Due agents under Nylic contracts 4 389 16 Reserve for Nylic contracts 2 459729 00 Income tax deducted at source 6240 m Reserve for unclaimed receipts leoOO 00 48Ttal 790935395 61 Business in the State of Georgia Curing 1914 17 Policies on the lives of citizens of said State in force eC 31 f Previous ar 27734510 00 18 Policies on the lives of citizens of said State issued dur ingtheyear 3557903 00 I9 Za 31292413 00 Q Deduct ceased to be in force during the year 2 708 529 00 21 Policies in force Dec 31 1914 28583884 00 22 Losses and claims unpaid December 31 of previous year 21921 61 23 Losses and claims incurred during year 461o62 78 24T0tal 482984 39 25 Losses and claims settled during the year in cash 460 05192 by compromise 206472 462116 64 26 Losses and claims unpaid Dec 31 1914 20867 75 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 907 375 67 710 ComptrollekGeneeals Report NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF MILWAUKEE WIS Geo C Markham President A T Hathaway Secretary W Woods White Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year310580828 37 4 Extended at 310580828 37 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 4399289 68 6 Surrender values applied to pay first years premiums 20013 66 7 Total first years premiums on original policies 4419303 34 8 Dividends applied to purchase paid up ad ditions and annuities 1891854 66 10 Consideration of original annuities involv ing life contingencies 166261 36 11 Consideration for supplementary contracts involving life contingencies 291 iO 86 12 Total new premiums 6506580 22 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses 33642687 01 14 Dividends applied to pay renewal prem iums 7403308 78 17 Renewal premiums for deferred annuities 2H192 41 18 Total renewal premiums 41066188 20 20 Total premium income 47572768 42 21 Consideration for supplementary contracts not involving life contingencies 808995 63 22 Dividends left with the company to accumulate at inter est 23733 11ComptrollerGeneral s Eeport 24 Gross interest on mortgage loans per Schedule B less 84157 accrued interest 26 CrZ m7tgafS aC1uired dug 1914 8622663 71 26 Gross interest on bonds and dividends on stocks less 1997809 accrued interest on bonds acquired during 1914 Der Schedule D l 27 Gross interest on premium notes policy loans or liens 28 Gross interest on deposits intrust com panies and banks per Schedule E 29 Gross interest on other debts due the com pany Interest on premiums collected in the conversion of term and in the restoration of lapsed policies 32 Gross discount on claims paid in advance 33 Gross rent from companys property in cluding 12912500 for companys occu pancy of its own buildings per Schedule A 711 3522850 08 2780897 58 74039 97 114734 37 5292 21 34 Total gross interest and rents 35 From other sources Money received from unknown source 37 Income tax deducted and withheld at the source 165306 93 15285784 85 675 00 128 72 43 Gross increase by adjustment in book value of ledger assets viz B Bonds per Schedule D including 4302561 for ac crual of discount 803 72 43025 61 44 Total income 63735111 34 JHDisbursements 1 For death claims 1209375392 add tions 32457920 2 For matured endowments 385703408 additions 18423877 12418333 12 4041272 85 4 Net amount paid for losses and matured endowments 16 459 605 97 annmfaes involving life contingencies 202053 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied topavnewpmiumsseeIn 9272985 61 come No 6 20013 66712 CompteolleeGeneeals Eepoet 18 20 7403308 78 38465326 58 6622 14 453975 43 4906 12 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at in terest see Income No 22 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 657660 for legal expense 17 Paid for claims on supplementary contracts not involv ing life contingencies Dividends and interest thereon held on deposit surrender ed during the year Commissions to agents less commission on reinsurance First years premiums 196841402 renewal prem iums 280167895 annuities original 157600 renewal 40385 47720 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 23249296 inspection of risks 3619929 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 12912500 for companys occupancy of its own buildings 28 Advertising 898264 printing and stationery 92i 00940 postage telegraph telephone and express 14294946 exchange 1580172 29 Legal expense not included inItem 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 tax on income 53039522 State tax on policy reserves 3264852 Publishing statement as required by law 137314 local licenses and tax on pre miums 779874 federal emergency revenue tax 12397 572471 16 333 32 3189 07 268692 25 902160 71 137679 70 3331 29 122338 06 73330 62 66506 03 495943 92 30629 93 131 57 563043 74 9295 85ComptrollerGenerals Report 713 39 Other disbursements Loan expenses 14039244 traveling ex penses 1190486 legislative expenses 4660 Examinations andaudits of the companys I52783 9 accounts Miscellaneous interest payments 104 15 protest fees 2080 Premium on fidelity bonds 12000ex penses trustees election 120 17 24a 17 Wisconsin insurance department on ae eonnt of former examination 32 00 Loss on account of policy loan 21464 dividend paid twice 1299 227 63 47 Gross loss on sale or maturity of ledger assets viz 1596 Real estate per Schedule A 48 Gross decrease by adjustment in book Value of ledger assets V1Z Bonds per Schedule D including 70 63716 for amortization of premium 70 637 16 49 Total disbursements 46869700 52 IVLedger Assets 1 Book value of real estate per Schedule A 4596596 33 2 Mortgage loans on real estate per Sched ule B first liens 178711318 14 4 Loans made to policyholders on this com panys policies assigned as collateral 53640 047 05 5 Prennum notes on policies in force 1mS55 79 6 Book value of bonds g5 7 Cash m companys office 2 973 g5 9 Deposits in trust companies and banks on 0 A intteltPer SCh6dule E 3343992 27 10 Agents balances debit I0 81g n 12 Total ledger assets as per balance on pag7I777T327446239 19 NonLedger Assets 13 Interest due 8994230 and accrued 2 444743 16 on mortgages per Sched B 2534685 46 H Interest due 8561500 and accrued 1 24757409 on bonds per Schedule D PaPt l 1333189 09714 ComptrollerGenerals Report 16 Interest due 18021635 and accrued 1 48895041 on premium notes policy loans or Hens 1669166 76 18 Interest due for conversion of term and in the restoration of lapsed policies 11189 52 20 Rents due 66667 and accrued 163000 on companys property or lease 2296 6i 21 Total interest and rents due and accrued 5550527 5 New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1914 less reinsurance premiums 56279 28 2318064 65 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 303160 00 2595365 00 27 Totals 359439 28 4913429 65 28 Deduct loading 76380 85 1044103 80 29 Net amount of uncollected and deferred premiums 283058 43 3869325 8o 4lo2384 28 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 42 Overdue and accrued interest on bonds in default 44 Book value of ledger assets over market value Bonds 8756010 35 10815 41 13489 33 8901724 09 47 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 247426ComptrollerGenerals Eeport 715 1 Actuaries table at 4 per cent on life en dowment and term policies issued prior Same1189 101698845 00 Same for reversionary additions 4967 580 00 i American experience table at 3 per cent on life endowment and term policies issued since Feb 1 1899 1818U55S 00 Same for reversionary additions 7 goo qfl nn 5 Net present value of annuities including those in reduction of premiums Actuaries table at 4 per cent 184 456 00 f Clintock S taWe at 3 P eent JJJS 00 American experience table at 3 per cent 956092 00 Total 297814012 00 8 Net reserve 9 Resent value of amount not yeY Vue on supplementary297814012 snresoCrolving iife contingencies empuJ 10 Liability on policies canceUed and includedin net 4389848 reserve upon which a surrender value may be de manded J 11 Claims for death losses due anunpaid l51095l8 944 12 Claims for death losses in process of ad justment or adjusted and not due 99 43o fi2 lo Claims for death losses reported for which no proofs have been received o7 7fir Qfi 14 Reserve for net death losses incurred but unreported K 36000000 15 Claims for matured endowments due and unpaid 16 Claims for death losses and otheV policy 42634 claims resisted 18 Due and unpaid on annuity claims involv ing life contingencies 2 043 43 19 Total policy claims 20 Due and unpaid on supplemental contracts not ol 112594 mg life contingencies 21 Dividends left win 1 9 564 89 uiviaenas left with the company to accumulate at in terest and accrued interest thereon allied Paid adVanCe iDClUding SUender es 23 Unearned interVsVandrentpaidVnadvan 25 Commissions to agents due or accrued 7ZL Zl aTcid61148 ffiCe eXPeSeS biS and accondeor 309008 75716 ComptrollebGenebals Eepoet 28 Medical examiners fees 4172600 and legal fees 43003 42lo6 03 due or accrued 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year 4 1085263 26 of this statement 33 Dividends or other profits due polieyholders including those contingent on payment of outstanding and de 786501 1 ferred premiums 34 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1915 whether contingent upon the payment of renewal premiums or r 11182847 00 otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to polieyholders during 1915 2261385 3 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 2667131 00 42 Income tax deducted and withheld at the source128 2 321832276 87 47 TTnassigned funds surplus 6415150 01 48 Total 328247426 88 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 9947 23134983 00 18 Policies on the lives of citizens of said State issued during the year 815 0H 19m Total 10762 25039983 00 2o Deduct ceased to be in force during the year 697 1641519 CO 21 Policies in force Dec 31 10065 23398464 00 22 Losses and claims unpaid Dec 31 of previous 4 10218 00 year 23 Losses and claims incurred during year 120 29663 00 24 Total 124 30689100 25 Losses and claims settled during the year in h 123 306847 00 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 commissions or other expenses 721833 23ComptrollerGenerals Keport 717 THE PACIFIC MUTUAL LITE INSURANCE COMPANY OF LOS ANGELES CALIFORNIA Geo I Cochran President A C Harmon Attorney for Service C I D Moore Secretary ICapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets as per balance Bee 31 of previous year 26250034 42 Add Munich Reinsurance fund as of Dec 31 1913 deducted from cash on hand in statement of that year 115 483 64 4 Extended at 26365518 06 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 844176 for first years reinsurance 722 634 05 6 Surrender values applied to pay first years premiums 663 28 7 Total first years premiums on original Plicies 723297 33 8 Dividends applied to purchase paid up ad ditions and annuities 200 772 97 9 Surrender values applied to purchase paid up insurance and annuities 107 00 10 Consideration of original annuities involv ing life contingencies 19 537 jg 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 53 51493 for reinsurance on renewals 4397166 96 14 Dividends applied to pay renewal prem iums 227249 93 943764 42718 ComptrollerGenerals Eeport 16 Surrender values applied to pay renewal premiums 33671 50 17 Renewal premiums for deferred annuities 49 2o 18 Total renewal premiums 4658131 64 19 Extra premiums for total and permanent disability bene j 50043 83 fits 20 Total premium income 565194o 89 21 Consideration for supplementary contracts not involving life contingencies 50783 36 22 Dividends left with the company to accumulate at inter est 19612S0 24 Gross interest on mortgage loans per Schedule B less 65593 accrued interest on mortgages acquired during 1914 981252 78 25 Gross interest on collateral loans per Schedule C 94657 58 26 Gross interest on bonds and dividends on stocks less 153201 accrued interest on bonds acquired during 1914 per Sched ule D 163032 85 27 Gross interest on premium notes policy loans or liens 328252 71 28 Gross interest on deposits in trust com panies and banks per Schedule E 12702 20 29 Gross interest on other debts due the com pany Gross interest on agents balances 257 11 Gross interest on contract for sale of real estate 5285 23 33 Gross rent from companys property in cluding 3360000 for companys occu pancy of its own buildings life depart ments and 720000 for the ace dept per Schedule A 43440 00 34 Total gross interest and rents 1628880 46 35 From other sources Bonus received for extension of mortgage loan 2500 00 Proceeds of policies left at interest 13758 46 Final dividend from suspended bank 379 82 Increase in liabilities during the year on account of Munich reinsurance contract 1686 72ComptbollebGenebals Eepoet 719 Sale of unlisted assets account collateral loan t 240 62 Recovered on account of fire insurance unpaid in 1906 393 2 41 From agents balances previously charged off Jg 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 43 Gross increase by adjustmentin book vaiue of iedger assets viz Real estate per Schedule A 90258 7g 44 Total income 7461747 49 HIDisbursements 1 For death claims less 1750000 reinsur ance 126410673 additions 36011 1300117 73 2 For matured endowments 128491 00 ad ditions 333800 131j829 00 A or total and permanent disability claims 10265 00 4 Net amounts paid for losses and matured endowments 7 1 44 211 73 5 For annuities involving life contingencies 12 g06 44 6 Premium notes and liens voided by lapse less 98262 restorations 7 Surrender values paid in cash or applied in laudation of loans or notes a Q 793936 21 8 Surrender values applied to pay new premiums see In come No ft 66328 to pay renewal premiums see In come No 16 3367150 34 334 78 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 107 00 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 109 776 96 11 Dividends applied to pay renewal premiums see Income No 14 1Q tv 227249 93 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 00 772 97 14 Dividends left with the company to accumulate at inter est see Income No 22 19i61290 15 Total paid policyholders 71 16 Expense of investigation and settlement of policy claims 8 632 04 17 Paid for claims on supplementary contracts not involving life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 2 128 87720 ComptrollerGenerals Beport Paid stockholders for interest or dividends Commissions to agents less commission on reinsurance First years premiums 43703085 renewal premiums 31600526 annuities original 83930 Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision 25 Medical examiners fees 5640200 inspection of risks 1199543 Salaries and all other compensation of officers directors trustees and home office employees Rent Advertising 1869258 printing and stationery 22 91835 postage telegraph telephone and express 15 30576 exchange 74382 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 Municipal licenses Taxes on personal property Publication fees State corporation taxes and fees 19 20 22 23 26 27 28 29 7953 11 4424 51 2598 04 1029 53 329 01 39 Other disbursements Contribution to the association of life in surance presidents exclusive of amounts charged to legislative and legal expense Books and subscriptions Home office traveling expense Incidentals Photographic suppHes Premiums on employers liability insurance and surety bonds Correspondence school Annual outing Impairment cards Suspended bank balances written off Investment expense Paid Municipal Reinsurance Co for inter est on balance 1212 02 1181 18 0876 47 284 08 959 55 394 67 3516 16 8ie 56 1535 29 6777 49 2184 30 4829 08 80000 00 753875 41 19437 21 16207 04 68397 43 264549 40 33600 00 57660 51 3396 12 5352 45 13356 17 12514 22 78495 57 5815 31 16334 20HMiBMI CompteolleeGenebals Repoet 721 Legislative expense 1 014 11 Renewal bonus 21052 26 56 629 22 46 Agents balances charged off gm n 47 Gross loss on sale or maturity of ledger assets viVj Loss on mortgage loan foreclosed 1 899 80 Bonds per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A Bonds per Schedule D 105587 50 49 Total disbursements 4477148 64 IVLedger Assets 1 Book value of real estate per Schedule A 1203143 20 2 Mortgage loans on real estate per Sched ule B first liens 16246054 78 3 Loans secured by pledge of bonds stocks or other collateral per Schedule 0 1957902 41 4 Loans made to policyholders on this com panys policies assigned as collateral 5260419 43 5 Premium notes and liens on policies in force 966559 07 6 Book value of bonds 268795122 and stocks 11700000 per Schedule D 2804951 22 7 Cash in companys office 22 346 71 8 Deposits in trust companies and banks not on interest per Schedule E 209 960 83 9 Deposits in trust companies and banks on interest per Schedule E 07g 779 2g 12 Total ledger assets as per balance Item 50 29350116 91 NonLedger Assets 13 Interest due 1137396 and accrued 233 24867 on mortgages per Schedule B 244622 63 14 Interest due 562500 and accrued 51 28182 on bonds per Schedule D part 1 56 906 82 15 Interest accrued on collateral loans per Schedule C part 1 23 771 24 16 Interest due 4715633 and accrued 43 74777 on premium notes policy loans or liens 90904 10722 ComptrollerGenerals Keport 17 Interest accrued on other assets Bank balances 5079 2 21 Total interest and rents due and accrued 421284 31 24 Due from other companies for losses or claims on policies of this company reinsured 2o80o 00 New Business Renewals 25 Gross premiums due and un reported on policies in force Dec 31 1914 less reinsurance premiums 4705 24 382772 03 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsur ance premiums 23681 55 382829 76 27 Totals 28386 79 76560179 28 Deduct loading 16317 63 139942 95 29 Net amount of uncollected and deferred premiums 12069 16 625658 84 637728 00 35 Gross ass ets 30434934 22 Deduct Assets Not Admitted 41 Premiumi notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 42 Overdue and accrued interest on bonds in default 44 MaTket value of special deposits in excess of corresponding liabilities per special deposit schedule 12697 57 5625 on 1248 00 19570 57 45 Admitted assets life department 30415363 65 46 Admitted assets accident department 2189248 60 Total admitted assets 32604612 25 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the California InComptrolleeGeneeals Bepoet surance Department 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 Jan 1 1901 5189708 00 fsame for reversionary additions 108307 00 2 American experience table at 3 per cent on all policies except annual dividend issues of 1907 issued from Dec 31 1900 to Jan 1 1908 and nonparticipat ing policies issued subsequent to Dec 31 1907 14959428 00 Same for reversionary additions 1462725 00 3 American experience table at 3 per cent on annual dividend policies issued in 1907 and all participating policies issu ed subsequent to Dec 31 1907 4842034 00 Same for reversionary additions 85Vo6 00 5 Net present value of annuities including those in reduction of premiums Actuaries table at 4 per cent 7j609 00 American experience table at 3 per cent 147342 00 al 26802859 00 0 Deduct net value of risks of this company reinsured in other solvent companies 158574 00 723 26644285 00 7 ixtra reserve for total and permanent dis ability benefits 97 710 00 8 Net reserve o p 26741995 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 13789100 10 liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 1310 00 l Claims for death losses in process of ad justment or adjusted and not due 4 294 07 13 Claims for death losses reported for which no proofs have been received 48 535 q0 14 Reserve for net death losses incurred but unreported 45fim QQ 15 Claims for matured endowments due and uPaid 3489 00724 ComptrollerGenerals Report 16 Claims for death losses and other policy claims resisted by the company 18 Due and unpaid on annuity claims involv ing life contingencies 23000 00 252 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 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 1185750 and legal fees 2 00559 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 1915 whether contingent upon the payment of renewal premiums or otherwise Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 Reserve special or surplus funds not included above Renewal bonus fund Contingency fund Munich reinsurance fund Accrued interest on Munich reinsurance fund All other liabilities Liabilities of life department Liabilities of accident department 46 Capital stock 47 TJnassigned funds surplus accident dept 8080000 life dept 93571580 35 36 41 124571 07 38943 00 42206 28 141294 49 5164 37 5211 72 8430 23 13863 09 92000 00 2455 30 514728 45 111133 35 1345012 67 30787 12 3096 39 117170 36 2383 96 29479647 85 1108448 60 1000000 00 1016515 80 48 Total life and accident departments 32604612 25ComptbollebGenebal s Eepoet 725 Business in the State of Georgia During 1914 r i Amount 1 Policies on the lives of citizens of said State B x 1inf0rCe DeC 31 f Previous year 1112 1917571 00 18 Policies on the lives of citizens of said State issued during the year 106 mm QQ l9l0t 18 2181523 00 SD Deduct ceased to be in force during the year 70 182124 00 21 Policies in force December 31 1914 l148 1999399 00 25 Losses and claims settled during the year in CaSh 10 22162 10 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 69 608 49 PAN AMERICAN LITE INSURANCE COMPANY OF NEW ORLEANS LA Crawford H Ellis President james L Wrght Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in eash 1000000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 2021256 05 3 Increase of capital during the year 75 000 00 4 Extended at 2096256 05 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 882848 for first years reinsurance 191 442 79 7 Total first years premiums on original policies 19144279 8 Dividends applied to purchase paid up ad726 ComptrollerGenerals Eeport ditions and annuities 383 06 9 Surrender values applied to purchase paid up insurance and annuities 1881 38 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 7 47867 for reinsurance on renewals 340676 95 14 Dividends applied to pay renewal prenv iums 3269 63 18 Total renewal premiums 20 Total premium income 22 Dividends left with the company to accumulate at inter est 23 Ledger assets other than premiums received from other companies for assuming their risks 24 Gross interest on mortgage loans per Schedule B 64140 58 25 Gross interest on collateral loans per Schedule C 4380 44 26 Gross interest on bonds and dividends on stocks less 258443 accrued interest on bonds acquired during 1914 per Sched ule D 42829 09 27 Gross interest on premium notes policy loans or liens 5371 74 28 Gross interest on deposits in trust com panies and banks per Schedule E 5996 58 29 Gross interest on other debts due the com pany Rent from property owned 3500 00 34 Total gross interest and rents 35 From other sources Persistency fund 1463 00 Paid in addition to surplus 55000 00 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 44 Total income IllDisbursements 1 For death claims less 2000000 reinsur ance 105466 53 193707 23 343946 58 537653 81 14189 52 7898 35 126218 43 56463 00 50 00 742473 11ComptbolleeGeneeals Eepobt 3 For total and permanent disability claims 300 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 ash or applied in liquidation of loans or notes 9 Surrender values applied to purchase paid upinsurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the company to accumulateat inter est see Income No 22 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premiums 11694870 renewal premiums 800633 22 Compensation of managers and agents not paid by eom 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 1691033 inspection of risks 481311 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 672076 for companys occupancy of its own buildings less 79656 received under sublease 28 Advertising 668015 printing and stationery 1237923 postage telegraph telephone and express 511067 exchange 149225 29 Legal expense 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 35 All other licenses fees and taxes Agents licenses 890 84 727 105766 53 480 00 28 95 12224 69 1881 38 683 70 3269 63 383 06 14189 52 138907 46 14565 3977 92 125045 03 3412 50 10161 60 14100 81 21723 44 42809 00 5924 20 25662 30 3230 75 854 07 2888 85 3766 04 1441 58728 ComptrollebGeneeal s Repoet Federal income tax 276 36 Municipal licenses 1311 73 Internal revenue tax 100 10 Personal property tax 1984 48 39 Other disbursements General traveling expenses 1530 75 Loan appraisement and expenses 1647 18 Employees bond 15300 agents bonds 12464 277 64 Incidental expenses 2837 10 Premiums on bonds borrowed 395 00 Suspense 437 39 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 49 Total disbursements i 4563 51 7125 06 2766 05 237 98 25 00 418768 80 IVLedger Assets 1 Book value of real estate per Schedule A 45000 00 2 Mortgage loans on real esrate per Sched ule B first liens 1053342 00 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 53793 50 4 Loans made to policyholders on this com panys policies assigned as collateral 76861 64 5 Premium notes on policies in force 14503 21 6 Book value of bonds 85252809 and stocks 11194000 per Schedule D 964468 09 7 Cash in companys office 200 00 9 Deposits in trust companies and banks on interest per Schedule E 129566 98 10 Bills receivable 2044369 agents balances debit 4472951 credit 2 24280 net 4248671 62930 40 11 Furniture and fixtures home office 14 02715 branch office 526739 19294 54 12 Total ledger assets as per balance Item 50 2419960 36 CompteollebGenebals Eepoet NonLedger Assets 13 Interest accrued 2039699 on mortgages per Schedule B 14 Interest accrued on loans per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C part 1 17 Interest on other assets Bank stock Bent on sublease 20 Bents accrued on companys property or lease 20396 99 5871 86 865 05 1875 00 66 38 350 00 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 21 617 78 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 42 31 q 25 27 Totals 28 Deduct loading 63988 03 18652 26 29 Net amount of uncollected and deferred premiums 35 Gross assets 729 29425 28 45275 77 2494661 41 Deduct Assets Not Admitted 37 Supplies stationery printed matter 38 Agents debit balances net 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 34041 stocks 1219000 19294 54 42486 71 3979 27 12530 41 78290 93 46 Admitted assets 2416370 48 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 730 ComptrollerGenerals Eeport 1914 as computed by the company on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on all business in the United States of America 592843 00 4 Other tables and rates viz N Y Life Tropical and semitropical at 3 per cent on all business in the West Indies and Centra America 109941 00 5 Net present value of annuities including those in reduction of premiums Coupons and deductions 48659 00 Total 751443 00 6 Deduct net value of risks of this company reinsured in other solvent companies 7630 00 743813 00 7 Extra reserve for total and permanent dis ability benefits 4163 00 8 Net reserve 12 Claims for death losses in process of ad justment or adjusted and not due 2500 00 14 Reserve for net death losses incurred but unreported 1500 00 19 Total policy claims i 22 Premiums paid in advance including surrender values so applied 23 Unearned interest and rent paid in advance 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 1915 whether contingent upon the payment of renewal premiums or otherwise 37 Reserve special or surplus funds not included above Agents credit balances 41 All other liabilities 747976 00 4000 00 2795 67 2732 00 2256 52 1849 00 8000 00 900 00 2242 80ComptrollerGenerals Report 731 Federal income tax 8000 suspense 172864 persis tency fund 190000 2708 64 46 Capital stock 47 Unassigned funds surplus 48 Total 775460 63 1000000 00 640909 85 2416370 48 Business in the State of Georgia During 1914 No 1 Policies on the lives of citizens of said State in orce December 31 of previous year 163 18 Policies on the lives of citizens of said State issued during the year 93 Amount 452780 00 254100 00 256 706820 00 88 234520 00 19 Total 20 Deduct ceased to be in force during the year 21 Policies in force Dec 31 1914 168 472j300 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 10 024 33 THE PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA PA George K Johnson President John Humphreys Secretary Henry C Bagley Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year14024508556 4 Extended at 140245085 56 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 2368677 31 6 Surrender values applied to pay first years premiums 25 573 Q5 7 Total first years premiums on original Plicies 2394250 36 8 Dividends applied to purchase paidup ad ditions and annuities 206203 54 732 ComptrollerGenebals Eeport 9 Surrender values applied to purchase paid up insurance and annuities 370812 43 10 Consideration for original annuities involv ing life contingencies 285172 53 11 Consideration for supplementary contracts involving life contingencies 8156 10 11 Total new premiums 3264594 96 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for com missions or other expenses less 29036 75 for reinsurance on renewals 16785485 12 14 Dividends applied to pay renewal premiums 2215962 47 16 Surrender values applied to pay renewal premiums 4497 38 17 Renewal premiums for deferred annuities 10411 69 18 Total renewal premiums 19016356 66 19 Extra premiums for total and permanent disability bene fits 4169 69 20 Total premium income 22285121 31 21 Consideration for supplementary contracts not involving life contingencies 537639 78 22 Dividends left with the company to accum ulate at interest 39006 09 24 Gross interest on mortgage loans per Sched ule B less 3995756 accrued interest on mortgages acquired during 1914 3029262 80 25 Gross interest on collateral loans per Sched ule C 90089 31 26 Gross interest on bonds and dividends on stocks less 3893747 accrued interest on bonds acquired during 1914 per Schedule D 2425766 34 27 Gross interest on premium notes policy loans or liens 1407748 03 28 Gross interest on deposits in trust compan ies and banks per Schedule E 86972 54 29 Gross interest on other debts due the com pany Bills receivable etc 7308 61 32 Gross discount on claims paid in advance 88 26 33 Gross rent from companys property in cluding 5522000 for companys occu pancy of its own buildings per Sched ule A 144343 21ComptkollebGeneeals Eepoet 733 7191579 10 34 Total gross interest and rents 35 Prom other sources Bonuses on mortgage loans Becovery of loss on Austin Texas water bonds Suspended bank dividends etc Trust funds received being proceeds of matured policies left with company at interest 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 6322 20 7225 40 173 52 69331 15 20820 64 44 Total income 30157219 19 HIDisbursements 1 For death claims less 2500000 reinsur ance 730214485 additions 64240 7366384 85 2 For matured endowments 195058435 additions 2795300 1978537 35 4 Net amounts paid for losses and matured endowments g 2Q o or annuities involving life contingencies 433 364 89 6 Premium notes and liens voided by lapse less 20 880 51 restorations gg 7 burrender values paid in cash or applied in liquidation of loans or notes 3249327 99 8 Surrender values applied to pay new premiums see In come No 6 2557305 to pay renewal premiums see Income No 16 449738 3070 43 9 Surrender values applied to purchase paidup insurance and annuities see Income No 9 370 g12 43 10 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 959 068 22 11 Dividends applied to pay renewal premiums see Income No 14 2215962 47 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 206 203 54 14 Dividends left with the company to accumulate at interest see Income No 22 39006 09 15 Total paid policyholders 16967636 14 16 Expense of investigation and settlement of policy claims including 383639 for legal expense 4 751 49 17 Paid for claims on supplementary contracts not involving life contingencies 315983 59 18 Dividends and interest thereon held on deposit surrendered during the year 5657 79734 ComptrollerGenerals Eepoet 20 Commissions to agents less commission on reinsurance First years premiums 111037958 renewal premiums 121003065 annuities original 1327135 re newal 38378 2334065 36 21 Commuted renewal commissions 87089 02 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 31324 69 24 Branch office expenses including salaries of managers and clerks not included in Item 22 139435 80 25 Medical examiners fees 14284134 inspection of risks 2192098 164762 32 26 Salaries and all other compensation of officers directors trustees and home office employees 501669 41 27 Rent including 5522000 for companys occupancy of its own buildings 148226 78 28 Advertising 2282982 printing and stationery 63460 26 postage telegraph telephone and express 72964 01 exchange 370 159257 79 29 Legal expense not included in Item 16 15627 37 30 Furniture fixtures and safes 14924 15 31 Repairs and expenses other than taxes on real estate 47048 91 32 Taxes on real estate 38592 90 33 State taxes on premiums 338012 63 34 Insurance department licenses and fees 21616 22 35 All other licenses fees and taxes Federal corporation tax 67706 72 Municipal and State licenses compulsory advertising etc 13159 60 Taxes on investments 4009 20 39 Other disbursements Investment inspections traveling and other expenses inci dent thereto 11344 80 Election expenses 1258 98 Home office expenses supplies etc 40941 33 Suspended bank balance charged off etc 592 35 Trust funds withdrawn proceeds of policies at interest 5000 00 46 Agents balances charged off 27 16 48 Gross decrease by adjustment in book value of ledger as sets viz Real estate per Schedule A 23118 73 Bonds per Schedule D 267033 98 49 Total disbursements 21769875 21 IVLedger Assets 1 Book value of real estate per Schedule A 3689243 73 2 Mortgage loans on real estate per Schedule B first liens 57429350 03ComptrollerGenerals Report 735 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 1389206 20 4 Loans made to polieyholders on this com panys policies assigned as collateral 23937776 12 5 Premium notes on policies in force of which 7075525 is for first years premiums 4551420 18 b Book value of bonds 5462159634 and stocks 32068637 per Schedule D 54942282 71 7 Cash in companys office iqjs 87 9 Deposits in trust companies and banks on interest per Schedule E 2 350 463 79 10 Bills receivable 16472929 agents bal ances debit 3227605 net 3227605 197005 34 11 Bills receivable for premiums 129s02 57 12 Total ledger assets as per balance Item 50148632429 54 NonLedger Assets 13 Interest due 503937 and accrued 1 04941213 on mortgages per Sehed B 1054451 50 14 Interest accrued on bonds per Schedule D Part 1 802500 79 15 Interest accrued on collateral loans per Schedule C Part 1 12 720 64 16 Interest due 232902 and accrued 14 68703 on premium notes policy loans T r liens 17016 05 17 Interest due and accrued on other assets Interest accrued on bills receivable 2 036 54 Interest accrued on bills receivable for OA premS 1458 39 20 Rents due 90393 and accrued 5498 76 on company s property or lease 6402 69 21 Total interest and rents due and accrued l 896 586 60 22 Market value of real estate over book value per Sched A 1450 10 25 Gross premiums due and unreported on pol icies in force December 31 1914 less re insurance premiums 2355326 70 26 Gross deferred premiums on policies in force December 31 1914 less reinsurance premiums 1490288 79 27 Totals 3845615 49 28 Deduct loading 815270 49 736 CompteollebGenebals Eepoet 29 Net amount of uncollected and deferred premiums 3030345 00 30 All otheT assets Cheeks for annuities issued in advance but not delivered 8893 85 35 Gross assets 153569704 99 Deduct Assets Not Admitted 32276 05 294031 86 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 41316 71 43 Book value of ledger assets over market value viz Bonds and stocks 1257948 12 Interest accrued on bills receivable 3494 93 46 Admitted assets 151940637 32 VLiabilities Surplus and Other Funds 2 American experience table at 3 per cent on all insurance120470399 00 Same for reversionary additions 1544278 00 5 Net present value of annuities including those in reduc tion of premiums Give tables and rates of interest viz American 3 per cent table McClintocks 3 per cent table 4465304 00 Total 126479981 00 6 Deduct net value of risks of thia company reinsured in other solvent companies 84963 00 7 Extra reserve for total and permanent disability benefits 3260 00 8 Net reserve 126398278 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the companys actuary 3040675 00 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 14 Reserve for net death losses incurred but unreported 16 Claims for death losses and other policy claims resisted by the company 179557 82 245900 82 118687 22 32210 18 19 Total policy claims 576356 04 ComptrollerGenerals Report 737 81 Dividends left with the company to accumulate at interest and accrued interest thereon 22 PreapPZ Pai1 adVaDCe lnClUding Values 15 23 Unearned interest and rent paid in adduce Itf It 24 Commissions due to agents on premium notes when paid 7555 89 a3ed aCCUnts de OT 28 Medical examiners foes iiM and iegal fees57719 9969 due or accrued 29 Estimated amount hereafter payable for Federal State 17U and other taxes based upon the business of the year of this statement 33 Dividends or other profitsdue poiicyholdsVinciuding 445891 those contingent on payment of outstanding and de terred premiums 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred dividend 39890 policies payable to policyholders during 1915 647 7W fis 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 includedabove 9396748 15 Reserve for mortality fluctuation Reserve for asset fluctuations etc JfJJJ Reserve for trust deposits 2 26 41 All other liabilities 8308 00 Proceeds of policies left with company at interest 94 688 Qfi Matured credits awaiting proof I oSjoyi jj 48 Total 151940637 32 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force De 18 P rembP 3f r PrefUS year 30605352 00 18 Policies on the lives of citizens of said State issued during the year 1 4486867 00 19 Total 9n n 35092219 00 20 Deduct ceased to be in force during the year 1795876 00 21 Policies in force December 31 1914 33296343 00 738 ComptrollerGenerals Eeport 22 Losses and claims unpaid December 31st of previous year 23602 00 23 Losses and claims incurred during year 324629 32 24 Total 34823132 25 Losses and claims settled during the year 329513 26 Losses and claims unpaid December 31 1914 18718 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 1040331 85 PHOENIX MUTUAL LIFE INSURANCE COMPANY OF HARTFORD CONN John M Holcombe President Silas H Cornwell Secretary Louis Sherfesee Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 35489559 69 4 Extended at 35489559 69 IIIncome 5 First years premiums on original policies without deduction for commissions or other expense less 1040339 for first years reinsurance 614141 67 6 Surrender values applied to pay first years premiums 9547 87 7 Total first years premiums on original poli cies 62368954 8 Dividends applied to purchase paidup ad ditions and annuities 143193 78 9 Surrender values applied to purchase paid up insurance and annuities 109629 52 10 Consideration for original annuities involv ing life contingencies 71598 30 11 Consideration for supplementary contracts involving life contingencies 13769 00 12 Total new premiums 961880 14CompteollekGteneeals Report 739 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 3446923 t0I reinsurance on renewals 4315431 51 14 Dividends applied to pay renewal premiums 534 744 16 15 Dividends applied to shorten the endow ment or premiumpaying period 4 302 00 16 Surrender values applied to pay renewal Premiums 36675 38 18 Total renewal premiums 37 4891153 05 20 Total premium income 5853033 19 Kl Consideration for supplementary contracts not involving life contingencies 83 803 00 22 Dividends left with the company to accumulate atinterest 14o504 78 24 Gross interest on mortgage loans acquired during 1914 1230299 10 2b Gross interest on bonds and dividends on stocks less 319788 accrued interest on bonds acquired during 1914 per Sehed Ule D 316841 75 il Gross interest on premium notes policy loans or liens 221 198 68 28 Gross interest on deposits in trust compan ies and banks per Schedule E 14 630 81 30 Interest on debts paid by agents 317 71 32 Gross discount on claims paid in advance 1094 01 33 Gross rent from companys property in eluding 1750000 for companys occu pancy of its own buildings per Schedule A 49784 04 34 Total gross interest and rents 1834096 10 35 From other sources 36 Mortgage loan commissions received 7 203 00 37 Guarantee of Mortgage loans 34g qq 38 Reserves on policies reinsured deposited with this company g 383 an ai n 15933 50 41 H rom agent s balances previously charged off 5 334 81 42 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 2 926 98 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 3 773 00 44 Total income 7939400 36 740 CompteolleeGenebals Kepobt IIIDisbursements 1 For death claims 158244773 additions 2206548 1604513 21 2 For matured endowments 96625078 ad ditions 4645722 1012708 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 see In come 6 954787 to pay renewal premiums see In come No 16 3667538 9 Surrender values applied to purchase paidup insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 12 Dividends applied to shorten the endowment or premium paying period see Income No 15 13 Dividends applied to purchase paidup additions and annui ties see Income No 8 14 Dividends left with the company to accumulate at interest see Income No 22 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 281303 for legal expense 17 Paid for claims on supplementary contracts not involv ing 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 28066564 renewal premiums 27662406 annuities original 303018 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 including compensation for home office supervision 24 Branch office expenses including salaries of managers and clerks not included in item 22 25 Medical examiners fees 5346200 inspection of risks 910910 26 Salaries and all other compensation of officers directors t rustees and home office employees 2617221 21 36338 63 272 00 1015263 06 46223 25 109629 52 75459 43 534744 16 4302 00 143193 78 140504 78 4723151 82 3019 18 11499 00 53816 94 560319 88 5646 01 33045 83 19478 53 173813 77 62571 10 215057 29ComptrollerGenerals Repobt 741 27 Rent including 1750000 for companys occupancy of its own buildings 28 Advertising 457319 printingandstationery 41 909 02 175 postage telegraph telephone and express 1274445 59 226 66 29 Legal expense not included in item 16 fjl 30 Furniture fixtures and safes 11 31 Repairs and expenses other than taxes on real estaie 20995 73 32 Taxes on real estate 33 State taxes onpremiums J901 46 34 Insurance department licenses and fees V494 44 35 All other licenses fees and taxes State Treasurers and Recorders fees and surety bonds 145 36 36 Federal corporation tax 15 333 66 37 Franchise tax 8644791 tax on reserve 401203 90459 94 38 Mumeipal licenses and taxes 228978 publishing 64960 revenue stamps 10 2949 38 39 Other disbursements 108888 34 40 Home office traveling expenses 3 926 06 41 Miscellaneous expenses 17647 80 42 Mortgage loan expenses 5918 67 43 Commissions paid on loans per Schedule I 19503 64 44 Interest on death claim n8 g 46 Agents balances charged off 4 12 47 Gross loss on sale or maturity of ledger assets viz Bonds per schedule D 3 402 50 Stocks per schedule D 7761 7Q 48 Gross decrease by adjustment in book value n164 of ledger assets viz Real estate per schedule A 32 100 00 Bonds per schedule D including 890550 for amortization of premium 8905 50 41005 50 49 Total disbursements I 6271692 22 IVLedger Assets 1 Book value of real estate per schedule A 67 600 00 2 Mortgage loans on real estate per schedule B first liens 2311575950 2311575950742 ComptrollerGenerals Report 4 Loans made to polieyholders on this companys policies as signed as collateral 5651967 19 5 Premium notes on policies in force for first years pre 58477 49 miums 6 Book value of bonds 677419150 and stocks 33667700 x a i n 7110868 50 per schedule 1 7 Cash in companys office 1568 S9 9 Deposits in trust companies and banks on interest per schedule E 545203 03 546771 62 10 Agents balances debit 903498 credit 821145 net 82353 82353 12 Total ledger assets as per balance Item 50 NonLedger Assets 13 Interest due 838123 and accrued 49371898 on mortgages per sched B 502100 21 14 Interest due 1173000 and accrued 5364393 on bonds per schedule D part 1 65373 93 16 Interest due 2484304 and accrued 4628895 on premium notes policy loans or liens 7113199 17 Interest due and accrued on other assets 18 Interest due on premiums 37157267 83 12 29 21 Total interest and rents due and accrued 638618 42 25 Gross premiums due and unreported on pol icies in force December 31 1914 less re insurance premiums 332748 6 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 323731 4 27 Totals 656480 14 28 Deduct loading 149232 77 29 Net amount of uncollected and deferred premiums 507247 37 35 Gross assets 38303133 62 Deduct Assets Not Admitted 38 Agents debit balances gross 41 Premium notes and loans on policies and 9034 9SComptrollerGenerals Eepoet 743 net premiums in Item 29 in excess of the net value of their policies 973 97 42 Overdue and accrued interest on bonds in default 17459 99 43 Book value of ledger assets over market value viz Stocks and bonds not sub ject to amortization gg 278 00 95746 94 46 Admitted assets 38207386 68 VLiabilities Surplus and Other Funds Xet present value of all the outstanding policies in force on the 31st day of December 1914 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 14983825 00 Same for reversionary additions 572 419 00 2 American Experience table at 3 per cent on participating policies issued prior to January 1 1901 and all 19071913 issue and extended insurance 17 179 719 00 Same for reversionary additions 491 452 00 15556244 00 3 American Experience table at 3 per cent on nonparticipating policies issued for years 19011906 17671171 00 976198 00 Other tables and rates viz Extra reserve on policies where divi dends have been applied to shorten the endowment or premium paying period value by American Experience table at 3 per cent 976198 00 42277 00 5 Net present value of annuities including those in reduction of premiums viz McClintoeka annuity table 3 per cent Present value of amounts used in re duction of premiums American 3 cent per 538840 00 27725 00744 ComptrollerGenerals Eepoet 566565 00 Total 34812455 00 6 Deduct net value of risks of this company reinsured in other solvent companies 104088 00 8 Net reserve 34708367 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company at 3 per cent 149129 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 9064 42 12 Claims for death losses in process of ad justment or adjusted and not due 30764 97 13 Claims for death losses reported for which no proofs have been received 68741 74 14 Reserve for net death losses incurred but unreported 50000 00 16 Claims for death losses and other policy claims resisted by the company 4000 00 19 Total policy claims 153506 71 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 438346 70 22 Premiums paid in advance including surrender values so applied 32863 95 23 Unearned interest and rent paid in advance 96041 68 25 Commissions to agents due or accrued 12221 36 27 Salaries rents office expenses bills and accounts due or accrued 1956 10 28 Medical examiners fees 3879 and legal fees 150 due or accrued 4019 00 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 75000 00 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 356 88 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 913271 00 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 13481 91 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in Item 35 12887 61ComptrollerGenerals Report 745 37 Reserve special or surplus funds not in eluded above Contingent deferred term dividends 12 039 60 Reserve for special paidup option foil 00 Reserves on policies reinsured deposited held by this company with accrued in terest 8677 91 41 All other liabilities 24717 51 Mortality fluctuation fund 513 8g6 Investment fluctuation fund m9U 0Q General equalization fund 288 285 85 1490145 85 48 Total 38207386 68 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force December 31 of previous year 109o 4 fifi9 nA 18 Policies on the lives of citizens of said State issued during the year m qq 19 Total 7 20 Deduct ceased to be in f0rceduring theyear 130 fuZZ 21 Policies in force December 31 1914 2775747 22 Losses and claims unpaid December 31 of pre vious year 23 Losses and claims incurred during year 15 47455 22 24 Total Z T 16 58569 22 o Losses and claims settled during the year in cash 5356922 15 53g 26 Losses and claims unpaid December 31 1914 1 5 qoo 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 107 913 49746 ComptrollerGenerals Beport PITTSBURGH LIFE AND TRUST COMPANY OF PITTSBURGH A James K Mahan Secretary W C Baldwin President James m 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 Dec 31 of previous year 23512717 85 4 Extended at 23512717 85 IIIncome 5 First year s premiums on original policies without deduction for commissions or other expenses less 306301 for first years reinsurance 445302 14 7 Total first years premiums on ongi nal policies 8 Dividends applied to purchase paid up ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 445302 14 37009 51 26316 00 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less V 74994 for reinsurance on renewals 44oio 14 Dividends applied to pay renewal prem nuns dor valuoa applied to pay renewal 11750 08 17550 87 627 65 16 Surren promi 2504947 50 18 Total Tenewal premiums 19 Extra premiums for total and permanent disability bene fits 305449 and for additional accidental death bene fits 414909 included in life policies 3020778 73 11549 00 5564 16 0 Total premium income 2L Consideration for supplementary contracts not involving life contingencies 22 Dividends left with the company to accumulate at inter est ComptbollebGenehals Eepobt 747 24 Gross interest on mortgage loans per Schedule B less 107482 accrued in terest on mortgages acquired during 1914 9r 285005 81 25 Gross interest on collateral loans per Schedule C 26 Gross interest on bonds and dividends on stocks less 108812 accrued interest on bonds acquired during 1914 per Sched ule D 97 176649 17 27 Gross interest on premium notes policy loans or liens 9o 236264 43 28 Gross interest on deposits in trust com panies and banks per Schedule E 204 73 29 Gross interest on other debts due the com pany Rent past due 631 97 33 Gross rent from companys propertyin cluding 2290000 for companys occu pancy of its own buildings per Sched ule A 365296 70 34 Total gross interest and rents 35 From other sources 71232 81 Profit and loss Surrender values due and unpaid 123 20 Federal income tax collected 1914 140 46 41 From agents balances previously charged off fl JJ 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 5 881 o0 for accrual of discount 10 ggl 44 Total income 4121133 53 IIIDisbursements 1 For death claims 134515082 additions 2 F1Mf4V 1361584 30 i for matured endowments 41644740 ad ditions 302538 419 479 78 3 For additional accidental benefits 067 18 4 Net amounts paid for losses and matured endowments 1 782 124 9a 0 For annuities involving life contingencies TlAl 7 Surrender values paid in cash or applied in liquidation or loans or notes 8 To pay renewal premiums see Income No 16 IlTi f 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 ZbJl 00748 ComptrolleeGenebals Report 10 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes 131590 53 11 Dividends applied to pay renewal premiums see Income No 14 4475008 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 37009 yl 14 Dividends left with the company to accumulate at inter est see Income No 22 5564 1C 15 Total paid polieyholders 273037 37 16 Expense of investigation and settlement of policy claims 362 70 17 Paid for claims on supplementary contracts not involv ing life contingencies 14075 18 Dividends and interest thereon held on deposit surrender ed during the year 4060 3 19 Paid stockholders for interest or dividends 100000 00 20 Commissions to agents less commission on reinsurance First years premiums 12761401 renewal prem tfioss Kn 194898 21 mms 6283 bO S3 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 155770 o2 24 Branch office expenses including salaries of managers and clerks not included in item 22 1 6465 25 Medical examiners fees 3121195 inspection of risks 531844 365303n 26 Salaries and all other compensation of officers directors trustees and home office employees 125224 23 27 Rent including 2290000 for companys occupancy of its own buildings 22900 00 28 Advertising 1648495 printing and stationery 15 12811 postage telegraph telephone and express 14 45958 83 34a7 29 Legal expense not included in item 16 6325 3 30 Furniture fixtures and safes t 31 Repairs and expenses other than taxes on real estate 92262 29 32 Taxes on real estate 33 State taxes on premiums 400 7n 34 Insurance department licenses ami fees S4 l 35 All other licenses fees and taxes Federal corporation tax 338 6 Capital stock tax 8441 9780 08 39 Other disbursements Suspense account 388 61 Com on lease and sale of real estate 5070 00 Investment expenses 2096 64ComptrollerGenerals Eepori Insurance expenses Federal ins tax collected 1913 paid 1914 12264 25 40 00 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assetsviz Real estate per Schedule A 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 1 78611 for amortization of premium 749 19859 50 6038 86 373 32 191562 99 49 Total disbursements 3898052 27 IVLedger Assets 10 11 Book value of real estate per Schedule A Mortgage loans on real estate per Sched ule B first liens Loans secured by pledge of bonds stocks or other collateral per Schedule C Loans made to policyholders on this com panys policies assigned as collateral Premium notes on policies in force Book value of bonds 402087051 and stocks 4125130 per Schedule D Cash in companys office Deposits in trust companies and banks not on interest per Schedule K Deposits in trust companies and banks on interest per Schedule B Bills receivable Contingent reversion 5700 Wash Life Ins Co stock 24887 9035207 49 5717456 00 3000 00 4550691 26 79799 10 4062121 81 2104 16 9 08 253939 12 884 09 30587 00 12 Total ledger assets as per balance Item 50 23735 799 H NonLedger Assets 13 Interest due 2915900 and accrued 60 24304 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 16 Interest due 1948930 and accrued 23 95528 on premium notes policy loans or liens 89402 04 48736 41 43444 58750 ComptbolleeGenebals Bepobt 17 Interest accrued on otheT assets Bank deposits 245 73 20 Eents due 1055045 and accrued 3 83333 on companys property or lease 14383 78 21 Total interest and rents due and accrued 196212 o4 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 166887 59 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 22911 31 27 Total 396014 90 28 Deduct loading 77340 90 29 Net amount of uncolleeted and deferred premiums 318674 00 35 Gross Assets 24250685 65 Deduct Assets Not Admitted 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 Washington Life Ins Co stock Stocks and bonds not subject to amortiza tion 884 09 10059 10 24887 00 12300 00 48130 19 46 Admitted assets 24202555 46 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Pa Ins Dept on the following tables of mortality and Tates of interest viz 1 Actuaries table at 4 per cent 9295227 00 Same for reversionary additions 143820 00 2 American experience table at 31 per cent 7450388 00 Same for reversionary additions 120263 00 3 American experience table at 3 per cent 4534269 00ComptkolleeGeneeals Eepoet 751 5 Net present value of annuities including those in reduction of premiums Annuities Am 3 per cent annuities Am 3 per cent annuities act 4 per cent 117665 00 r T 21561638 00 6 Deduct net value of risks of this company reinsured in other solvent companies 4732 00 21656900 00 Extra reserve for total and permanent dis ability benefits 170100 and for addi tional accidental death benefits 2 684C0 included in life policies 4 3S5 00 8 Net reserve Q 21661285 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed 10 iithe comTy 11833 00 10 Inability on policies cancelled and not included in net reserve upon which a surrender value may be de manded Li Claims for death losses in process of ad justment or adjusted and not due 97105 30 j3 Claims for death losses reported for which no proofs have been received 84 302 86 14 Reserve for net death losses incurred but unreported 1000 Q0 lo Claims for matured endowments due and unIaid 21195 27 16 Claims for death losses and other policy claims resisted by the company 7ooo 00 19 Total policy claims3 219603 43 21 Dividends left with the company to accumulate at in terest and accrued interest thereon 10 758 42 22 Premiums paid in advance including surrender values so B TTaPPHed 2677199 IS Unearned interest and rent paid in advance 113 057 78 25 Commissions to agents due or accrued 7004 48 27 Salaries rents office expenses bills and accounts due or accrued Q oc 7966 54 28 Medical examiners fees 191100 and legal fees 5000 due or accrued np nn 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 47 31 gg 33 Dividends or other profits due policyholders including 752 ComptrolleeGenebals Repoet those contingent on payment of outstanding and de ferred premiums 22208 36 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 26617 31 37 Reserve special or surplus funds not included above Extra reserve for increasing insurance total abstinence class 61990 Extra reserve for surr values in excess of net value 21589 00 41 All other liabilities Surrender values due and unpaid 812 41 Deposit on lease fiOO 00 Suspense 114183 income tax collected 23600 1377 83 22299580 43 46 Capital stock 1000000 00 47 Unassigned funds surplus 90290 03 48 Total 24202555 46 Business in the State of Georgia During 1914 No Amount 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 609 1302708 00 18 Policies on the lives of citizens of said State issued during the year 141 469891 00 19 Total 750 1772599 00 20 Deduct ceased to be in force during the year 110 420206 00 21 Policies in force Dec 31 1914 640 1352393 00 22 Losses and claims unpaid Dee 31 of previous year 1 10 00 23 Losses and claims incurred during year 9 14618 94 24 Total 10 14718 M 25 Losses and claims settled during the year in cash 8 13618 94 26 Losses and claims unpaid Dec 31 1914 2 100 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 31591 3i2ComptrollerGenerals Eeport 753 PRUDENTIAL INSURANCE COMPANY OF AMERICA OF NEWARK N J Forrest F Dryden President Willard I Hamilton Secretary J M Skinner Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 323731741 40 4ExteMled at32373174140 IIIncome 5 First years premiums on original policies ordinary without deduction for com missions or other expenses 4 311 313 05 7 Total first years premiums on original pol icies ordinary 4311313 05 8 Dividends applied to purchase paidup ad ditions and annuities ordinary 76 422 98 9 Surrender values applied to purchase paid up insurance and annuities ordinary 634848 02 10 Consideration for original annuities involv ing life contingencies 320294 89 11 Consideration for supplementary contracts involving life contingencies 5 943 25 12 Total new premiums ordinary 5348822 19 13 Renewal premiums ordinary in addition to Items 14 16 and 17 without deduc tion for commissions or other expenses less 14294961 for reinsurance on re newals 26710570 54 14 Dividends applied to pay renewal premiums ordinary 444839 40 15A Annuities under supplemental contracts in volving life contingencies applied to pay renewal premiums ordinary 215 97 16 Surrender values applied to pay renewal premiums ordinary 696 66 17 Renewal premiums for deferred annuities 2665 00 18 Total renewal premiums ordinary 27 158 987 57 754 ComptrollerGenerals Keport 19 Extra premiums for total and permanent disability bene fits included in life policies ordinary 19 19A Total premium income ordinary 19B Total premium income industrial 545501 21 Consideration for supplementary contracts not involving life contingencies 24 Gross interest on mortgage loans per Schedule B les 5723575 accrued inter est on mortgages acquired during 1914 4953239 83 25 Gross interest on collateral loans per Sched ule C 14910158 26 Gross interest on bonds and dividends on stocks less 15503807 accrued interest on bonds acquired during 1914 per per Schedule D 8094967 54 27 Gross interest on premium notes policy loans or liens 1421259 25 28 Gross interest on deposits in trust compan ies and banks per Schedule E 245703 62 29 Gross interest on other debts due the company On revivals and changes in premiums 22817 o9 31A On agents indebtedness 1yQ2i 38 31B On advances account of loans recovered under foreclosure proceedings 62 91 33 Gross rent from companys property in cluding 65951704 for companys occu pany of its own buildings per Sched A 1092625 32 34 Total gross interest and rents 15980802 08 35 From other sources Conscience Fund 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 145 77 Bonds per Schedule D 8493 12 8638 89 103226010 98 44 Total income v 111Disbursements 1 For death claims 2271720625 additions 21849353 22935699 78 2 For matured endowments 107801240 additions 654200 1084554 40 3 For total and permanent disability claims 1348 88ComptrollerGeneral s Eepoet 4 Net amounts paid for losses and matured endowments o ior annuities involving life contingencies 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 To pay renewal premiums see Income No 16 9 Surrender values applied to purchase paidup insurance and annuities see Income No 9 and 19Bb 10 Dividends paid to policyholders in cash or applied inliq uidation of loans or notes 11 Dividends applied to pay renewal premiumssee income No 14 and 19Bc 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 and 19Bd 755 24021603 06 173076 64 5421564 48 696 66 2772541 72 5015488 49 1791898 01 76940 99 15 Total paid policyholders 16 Expense of investigation and settlementofpolicy claims including 1343576 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 ordinary 149838783 renewal premiums ordinary 99367560 annuities original 1458896 renewal 16680 industrial 9 822 50024 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Branch office expense including salaries of managers and clerks not included in Item 22 Medical examiners fees 71892333 inspection 0f risks 5628166 Salaries and all other compensation of officers directors trustees and home office employees Rent including 65789704 for companysoccupaneyof its own buildings less 31100 received under sublease 28 Advertising 8997611 printing and stationery 425 27646 postage telegraph telephone and express 22o 41666 exchange 18929 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 and provincial taxes on premiums 34 Insurance department licenses and fees 35 All other licenses fees and taxes Federal corporation tax UU5 50 23 24 25 26 27 39273810 05 39863 22 120875 67 400000 00 12329319 43 22950 99 289416 01 3738325 20 775204 99 3012513 05 1023209 92 735858 52 38586 67 91684 03 314884 09 297855 38 1202023 76 42724 29756 ComptrollerGenerals Report Life insurance excise tax Massachusetts New Jersey State tax on surplus Municipal taxes and licenses City and county taxes on premiums Local licenses and privilege taxes Provincial tax on interest receipts United States revenue tax 39 Other disbursements Law library Expenses of annual audit by public ac countants Expense of examination by New Jersey State department Sundry general expenses includes contribu tion of 1085761 toward expenses of The Association of Life Insurance Pres idents of which 25011 was disbursed by them for legal expenses and 271682 for legislative expenses Premiums on surety bonds Investment expense account Legislative expenses Compensation and expenses of medical ref erees Service retirement allowances and payments made to disabled home office and field employees Business conferences Expenses in connection with mutualization of company Salaries examiners of accounts 47 Gross loss on sale or maturity of ledger as sets viz Real estate per Schedule A t Bonds per Schedule B 48 Gross1 decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 25865 16 214767 34 193119 56 4602 59 6128 27 82 16 210 78 1228 11 9000 00 2252 00 162021 86 2989 24 44020 92 7249 89 16 00 101731 19 119632 79 44137 13 3766 00 2010 00 16384 33 509221 36 498045 13 18394 33 240676 38 49 Total disbursements 65015442 47ComptrollerGenerals Keport IVLedger Assets 757 1 Book value of real estate per Schedule A 17 791 942 84 2 Mortgage loans on real estate per Schedule B first liens IO1W068 09 3 Loans secured by pledge of bonds stocks or other collat eral per Schedule C 3 69 500 00 4 Loans made to policyholders on this companyspolicies as signed as collateral 29 058 07 21 6 Book value of bonds 18484715254 andstocks2 633 80450 per Schedule D 187 480 qw u 7 Cash in companys office 753735 I87480957 4 7A Cash in transit from branch offices 49008 51 8 Deposits in trust companies and banks not on interest per Schedule E 925 936 47 9 Deposits in trust companies and banks on interest per Schedule E 21601643 59 10 Agents balances debit S 81 12 Total ledger assets as per balance Item 50361942309 91 NonLedger Assets 13 Interest due 8254741 and accrued 1 60384988 on mortgages per Sched B 1686397 29 14 Interest accrued on bonds per Schedule D Part 1 15 Interest accrued on collateral loans per Schedule C part 16 Interest due 10395556 and accrued 8430 on premium notes policy loans or liens 17 Interest due on other assets Interest due on bank balances 20 Rents due 273841 and accrued 14 30972 on companys property or lease 2327299 88 35908 89 164039 86 671 06 17048 13 21 Total interest and rents due and accrued 4 231 365 1 New Business Renewals 25 Gross premiums due and un reported on policies in force Dee 31 1914 less reinsurance premiums ordinary 90106 49 1578669 36 26 Gross deferred premiums on policies in force Decem ber 31 1914 less rein758 ComptrollerGenerals Eeport surance premiums or dinary 27 Totals ordinary 28 Deduct loading ordinary3 599116 79 4465649 98 689223 28 6044319 34 103389 40 1016551 76 585833 88 5027767 58 5613601 46 828762 30 29 Net amount of uncolleeted and deferred premiums ordinary 29A Net amount of uncolleeted premiums industrial gross 137341153 deduct loading 54464923 30 All other assets Supplies stationery printed matter 10000 00 Furniture fixtures and safes 50000 00 Law library 9395 92 35 Gross assets 372685434 70 Deduct Assets Not Admitted 37 Supplies stationery printed matter 10 00000 furniture fixtures and safes 5000000 law library 939592 38 Agents debit balances gross 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 43 Market value of special deposits in excess of corresponding liabilities per Special deposit Schedule page 10 44 Book value of ledger assets over market value viz Bonds and stocks 11505214 04 Amounts on deposit in banks which have suspended payment 3699 14 69395 92 2640 81 167 86 11581117 77 47 Admitted assets 361104316 93 VLiabilities Surplus and Other Funds 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 84126360 00 Same for reversionary additions 297415 00 84423775 00 2 American experience table at 3 per cent on policies issued after December 31 1900ComptrollerGeneral s Eeport and prior to August 1 1907 except as provided for in Items 4 5 and 10105239383 00 Same for reversionary additions 417038 00 759 3 American experience table at 3 per cent on ordinary policies issued after July 31 1907 except as provided for in Items 4 5 and 10 41883388 00 105656421 00 4 Other tables and rates viz New York standard industrial table at 3 per cent on industrial policies issued af ter December 31 1906 except as pro vided for in Item 10 46866461 00 New York standard intermediate table at 3 per cent on intermediate interme diate rating and hazardous rating poli cies issued after July 31 1907 8192628 00 Liability on account of extra premiums for occupation residence etc 37 515 00 41883388 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 insurance issues in same period 192 034 00 American experience table at 31 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 232784 00 American experience table at 3 per cent on insurance element of issues after De cember 31 1900 and prior to August 1 1907 and annuities supplemental to in surance issues in same period 52 320 00 McClintocks tables at 3 per cent on or iginal annuities issued after December 31 906 1454571 00 Hunters disability tables at 31 per cent value of premiums waived under approv ed disability claims supplemental to in surance issues 1 974 00 55096604 00760 ComptrollerGenerals Report 1932983 00 Total 288993171 00 6 Deduct net value of risks of this company reinsured in other solvent companies 865045 00 288128126 00 7 Extra reserve for total and permanent disability benefits 12347 00 8 Net reserve 288140473 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the assumption of interest rates as follows On partici pating policies issued prior to 1901 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 1134979 88 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 672392 00 12 Claims for death losses in process of ad justment or adjusted and not due 359884 14 13 Claims for death losses reported for which no proofs have been received 621389 54 14 Reserve for net death losses incurred but imreported 250000 00 15 Claims for matured endowments due and unpaid 24126 00 16 Claims for death losses and other policy claims resisted by the company 70950 57 18 Due and unpaid on annuity claims involving life contingencies 90 00 19 Total policy claims 1326440 25 20 Due and unpaid on supplementary contracts not involving life contingencies 2862 57 22 Premiums paid in advance including surrender values so applied 1012936 81 23 Unearned interest and rent paid in advance 768424 39 25 Commissions to agents due or accrued 19850 48 27 Salaries rents office expenses bills and accounts due or accrued 61038 00 28 Medical examiners fees 10494523 and legal fees 10 30282 due or accrued 115248 05 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 1654307 07 32 Unpaid dividends to stockholders 400000 00ComptrollerGenerals Beport 761 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred premiums Annual dividend policies 4137795 de ferred dividend policies 17024456 nonparticipating policies 31286 09 34 Dividends declared on or apportioned annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred dividend 432883 payable t0 Policyholders during 1915 6 975 610 17 3oA Dividends declared on or apportioned to nonparticipat industrial policies payable to policyholders during 36 Amounts set apart apportioned provisionally ascertained 5228 calculated declared or held awaiting apportionment up on deferred dividend policies not included in Item 35 20 184 467 94 3 Reserve special or surplus funds not included above Special reserve set aside prior to 1899 to prepare for a i AmT Strlngent basis of reser on industrial policies 1000 000 00 41 All other liabilities Surrender values due and unpaid l19 08 46 Capital stock 32466702151 47unsigned funds surplus 3JS209502 48 Total 361104316 93 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in fl P rrCe DeCember 31 of Previous 6898 14 788 wg 18 Policies on the lives of citizens of said State ssued during the year 597 lj436m6 00 19 Total 20 Deduct ceased to be in force during the yeai 2 gJJJ 21 Policies in force December 31 540 22 Losses and claims unpaid December 31 of pre vious year 23 Losses and claims incurred during year 57 155978 25 24 Total T 60 161478 95 2o Losses and claims settled during the year ordi nary r 59 iC0478 25 26 Losses and claims unpaid December 31 1 TooTw762 ComptrollerGenerals Eeport 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses ordi nary 431092 07 RELIANCE LIFE INSURANCE COMPANY OF PITTSBURG PA J H Eeed President H G Scott Secretary J H Pearce 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 4143402 85 4 Extended at 4143402 85 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 1285211 for first years reinsurance 432579 43 7 Total first years premiums on original policies 432579 43 8 Dividends applied to purchase paid up ad ditions and annuities 14543 05 12 Total new premiums 447122 48 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 1705895 for reinsurance on renewals 1134287 21 18 Total renewal premiums 1134287 21 20 Total premium income 1581409 69 22 Dividends left with the company to accumulate at interest 314 59 24 Gross interest on mortgage loans per Schedule B less 221039 accrued in terest on mortgages acquired during 1914 38486 62 26 Gross interest on bonds and dividends onComptrollerGenerals Eeport 763 stocks less 888888 accrued interest on bonds acquired during 1914 per Sehed le D 102230 74 27 Gross interest on premium notes policy loans or liens 37 985 22 28 Gross interest on deposits in trust com panies and banks per Schedule E 8 967 40 29 Gross interest on other debts due the com pany Agents balances actually paid 3881 91 33 Gross rent from companys property 10615 37 34 Total gross interest and rents lr 30 From other sources Accident and health dept Q Ar 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 200 00 44 Total income T7T7 1875147 48 HIDisbursements 1 For death claims less 3206240 reinsur ance 274360 82 2 For matured endowments 24 000 00 4 Net amount paid for losses and matured endowments 298 369 82 6 Premium notes and liens voided by lapse 27309 28 7 Surrender values paid in cash or applied in liquidation of loans or notes Q1 M 1r t 91013 66 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 24 298 05 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 543 05 14 Dividends left with the company to accumulate at inter est see Income No 22 314 rQ 15 Total paid policyholders 455848 4g 16 Expense of investigation and settlement of policy claims 1452 95 17 Paid for claims on supplementary contracts not involv ing life contingencies 1 450 00 19 Paid stockholders for interest or dividends 60000 00 20 Commissions to agents less commission on reinsurance First years premiums 29456463 renewal premiums Q9 A 4647225 341036 88 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 11110 52 24 Branch office expenses including salaries of managers and clerks not included in item 22 117 939 qj764 ComptrollerGenerals Report 25 Medical examiners fees 5071420 inspection of risks 1014357 66857 77 26 Salaries and all other compensation of officers directors trustees and home office employees 63822 04 27 Rent 19820 00 28 Advertising 851456 printing and stationery 1676382 postage telegraph telephone and express 991058 35188 96 29 Legal expense not included in item 16 2022 42 30 Furniture fixtures and safes 1932 69 31 Repairs and expenses other than taxes on real estate 528 83 32 Taxes on real estate 2375 00 33 State taxes on premiums 25103 60 34 Insurance department licenses and fees 6002 04 35 All other licenses fees and taxes Federal corporation tax 457 04 Tax on capital stock 5500 00 Advertising statement city and county licenses etc 4000 19 9957 23 39 Other disbursements Payments of judgment suit Geo F Titlow 7778 14 Library 447 60 Expense general bonds fire ins etc 4528 24 Annual audit and consulting expense 1876 79 Accident and health dept 65261 88 Photograph dept 1034 99 80927 64 46 Agents balances charged off 16587 69 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 271 37 49 Total disbursements 1320296 05 IVLedger Assets 1 Book value of real estate per Schedule A 160096 40 2 Mortgage loans on real estate per Sched ule B first liens 725906 25 1 Loans made to polieyholders on this com panys policies assigned as collateral 508305 91 5 Premium notes on policies in force 325367 25 6 Book value of bonds 2536758 21 7 Cash in companys office 13136 09 8 Deposits in trust companies and banks not on interest per Schedule E 11877 14ComptrollerGenebals Eepobt 765 9 Deposits in trust companies and banks on interest per Schedule E 202 753 54 10 Balls receivable 1658340 agents bal ances debit 17429906 credit 2 98228 net 17131678 187 900 18 Cue from Prussian Life Insurance Co loo62 40 Net accident and health premiums i6o90 91 12 Total ledger assets as per balance ItTo 4698254 28 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 14 Interest accrued on bonds per Schedule D part 1 16 Interest accrued on premium notes policy loans or liens 17 Interest accrued on other assets Bank balances 20 Rents due 32258 and accrued 82450 on companys property or lease 9928 52 31317 89 14641 53 219 72 1147 08 21 Total interest and rents due and accrued 22 Market value of real estate over book value per sched ule A 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 223 g77 2g 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 76 269 M 57254 74 34756 14 27 Total 28 Deduct loading 299846 82 67221 03 29 Net amount of uncollected and deferred premiums 30 All other assets Office furniture and fixtures 35 Gross assets 232625 79 56945 82 5079836 77 Deduct Assets Not Admitted 37 Furniture fixtures and safes 56 945 82 38 Agents debit balances gross 174 299 06 40 Bills receivable 16583 40 46 Admitted assets 4832008 49766 ComptrollerGenerals Report VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the Penna Insur ance Dept on the following tables of mortality and rates of interest viz 1 American exp table at 3 per cent on all policies issued prior to April 19 1909 1747479 00 2 American experience table at 3V Per pent on all policies subsequent to April 19 1909 1682388 00 Same foT reversionary additions 23677 00 Total 3453544 00 6 Deduct net value of risks of this company reinsured in other solvent companies 26534 00 8 Net reserve 3427010 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 8392 40 13 Claims for death losses reported for which no proofs have been received 5266 67 16 Claims for death losses and other policy claims resisted by the company 4865 67 19 Total policy claims 10132 34 21 Dividends left with the company to accumulate at in terest and accrued interest thereon 579 59 22 Premiums paid in advance including surrender values so applied 3708 18 23 Unearned interest and rent paid in advance 8895 35 24 Commissions due to agents on premium notes when paid 1301 46 27 Salaries rents office expenses bills and accounts due or accrued 634 00 28 Medical examiners fees 2375 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 20000 00 34 Dividends declared on or apportioned to annual dividenfl policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 15067 77 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 9108 78 37 Reserve special or surplus funds not included above Accident and health dept 50 per cent gross premiums 40424 52ComptrollerGenerals Report 767 41 All other liabilities Accident and health dept 4 525 80 46 Capital stock i000o00 00 47 Unassigned funds surplus 279853 3Q 48Ttal 4832008 49 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 2243819 00 18 Policies on the lives of citizens of said State issued dur ing the year 2gl000 QQ 19 0tal 2494819 00 20 Deduct ceased to be in force during the year 415 995 00 21 Policies in force December 31 1914 2 078 824 00 22 Losses and claims unpaid Dec 31 of previous year 257 00 23 Losses and claims incurred during year 12 256 00 24 Total 12513 00 25 Losses and claims settled during the year in cash 12 263 00 26 Losses and claims unpaid Dec 31 1914 250 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 68 755 93 RESERVE LOAN LIFE INSURANCE COMPANY OF INDIANAPOLIS IND Chalmers Brown President G L Stayman Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid iip in cash 100000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 2976896 39 4 Extended at 2976896 39768 ComptrolleeGenekals Report IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 43789 for first years reinsurance 186945 96 6 Surrender values applied to pay first years premiums 31 34 7 Total first years premiums on original policies 186977 30 8 Dividends applied to purchase paid up ad ditions and annuities 4 10 9 Surrender values applied to purchase paid up insurance and annuities 16444 11 10 Consideration of original annuities involv ing life contingencies 176 83 12 Total new premiums 203602 34 13 Eenewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 1 28239 for reinsurance on renewals 614911 06 14 Dividends applied to pay renewal prem iums 2550 50 16 Surrender values applied to pay renewal premiums 5902 52 18 Total renewal premiums 623364 08 19 Extra premiums for total and permanent disability bene fits 147416 and for additional accidental death bene fits 146009 included in life policies 2934 25 20 Total premium income 829900 67 24 Gross interest on mortgage loans per Schedule B 107287 88 26 Gross interest on bonds and dividends on stocks 587 00 27 Gross interest on premium notes policy loans or liens 60265 30 28 Gross interest on deposits in trust com panies and banks per Schedule E 2617 71 29 Gross interest on other debts due the com pany 437 01 34 Total gross interest and rents 171194 90 35 From other sources Partial pint on voided notes 13 46 Policy loans restored 1511 86ComptrollerGenerals Eeport Survivorship surplus Survivorship distribution fund Income tax collected at source 44 Total income HIDisbursements For death claims For matured endowments 211183 74 1000 00 Net amounts paid for losses and matured endowments 4 6 Premium notes and liens voided by lapse 7 Surrender values paid in cash or applied inliquidation o loans or notes 8 Surrender values applied to pay new preniiumssee In come No 6 3134 to pay renewal premiums see In come No 16 590252 Surrender values applied to purchasepaidupinsurance and annuities see Income No 9 Dividends paid to policyholders in cshi or applied in liquidation of loans or notes Dividends applied to pay renewalpremiumsVsee Income o 14 Dividends applied to purchase paid upadditionsand an nuities see Income No 8 9 10 11 13 17 20 15 Total paid policyholders Li Expense of investigation and settlement of policyclaims including 95262 for legal expense Paid for claims on supplementary contracts not involv ing hfe contingencies Commissions to agents less commission on reinsurance First years premiums 15503006 renewal premiums 1646452 annuities original 9726 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 o eXCept comPensation for home office supervision tTo0rminerS fCeS 2117967 inspection of risks 639855 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Bent 28 Advertising 531640 printing and stationerv 45926 postage telegraph telephone and express 79172 29 Legal expense not included in item 16 769 100 00 628 08 216 84 1003565 81 212183 74 13354 01 68394 84 5933 86 16444 11 1112 69 2550 50 4 10 319977 85 4155 29 18898 81 171591 84 7800 00 10444 13 27578 22 71628 50 6184 00 14567 38 2626 22 770 ComptbollekGenerals Eepoet 30 Furniture fixtures and safes 856 4 32 Taxes on investments 2991 30 33 State taxes on premiums 9402 36 34 Insurance department licenses and fees 3969 83 35 All other licenses fees and taxes Federal corporation tax 18 4L Municipal licenses Franchise tax 100 00 39 Other disbursements Interest paid on Coupon 42 83 Traveling expenses 6180 Miscel expenses 1989 76 Investment expenses 46 Agents balances charged off 40 58 49 Total disbursements 681594 45 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 1938497 45 4 Loans made to policyholders on this com panys policies assigned as collateral 1189461 03 5 Premium notes on policies in force 31992 86 6 Book value of bonds 14475 00 7 Cash in companys office 1762 96 8 Deposits in trust companies and banks not on interest per Schedule E 287 45 9 Deposits in trust companies and banks on interest per Schedule E 111045 78 10 Agentsbalances debit 1276995 credit 142473 1135 22 12 Total ledger assets as per balance Item 50 3298867 75 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 35261 16 14 Interest accrued on bonds per Schedule D part 1 245 75 16 Interest due on premium notes policy loans or liens 4035 8 17 Interest accrued on other assets Certificates of deposit 273 91 21 Total interest and rents due and accrued 39816 64 25 Gross premiums due and unreported onComptbolleeGeneeals Eepoet 771 policies in force Dec 31 1914 less re insurance premiums 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 69956 97 28499 96 27 Total 28 Deduct loading 98456 93 38934 48 5 AiTosUfsuncoUected and deferred p Furniture fixtures safes and supplies 59522 45 8000 00 35 Gross assets Deduct Assets Not Admitted 37 Supplies stationery printed matter 39 Commuted commissions 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 43 Book value of ledger assets over market value viz City of Richmond Va bonds 3406206 84 8000 00 12769 95 9146 47 575 00 46 Admitted assets 3375715 42 VLiabilities Surplus and Other Funds Net present value of all outstanding poli cies in force on the 31st day of Dec 1914 as computed by the Indiana Dept on the following tables of mortality and rates of interest 1 Actuaries table at 4 per cent on all busi ness issued prior to Jan 1 1905 1535723 72 t American experience table at 3 per cent on all business issued since Jan 1 1905 Same for reversionary additions 1513022 79 776 30 Total 5 Deduct net value of risks of this company reinsured in other solvent companies 3049522 81 2396 92 7 For additional accidental death benefits 79665 included in life policies 77483 3047125 89 1571 48772 ComptrollebGenebals Eepobt 46 Capita stock 47 Unassigned funds surplus 1606 26 12500 00 24 43 2714 44 29618 16 1075 96 1J166 36 1444 50 3048697 37 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the companys actuary 16 Claims for death losses and other policy claims resisted by the company 12500 00 19 Total policy claims 21 Dividends left with the company to accumulate at inter est ijnd 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 Salaires 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 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 1915 whether contingent upon the payment of renewal premiums or otherwise 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 37 Reserve special or surplus funds not included above Survivorship surplus 580082 interest 146231 Survivorship distribution fund Coupons deposited with CO 302581 interest 165626 41 All other liabilities Income tax collected at source 10691 66 98 08 657 28 3918 35 7263 13 628 08 31908 07 216 84 3154228 97 100000 00 121486 45 48 Total 3375715 42 Business in the Slae of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 1199600 00 18 Policies on the lives of citizens of said State issued during the year 481177 00ComptrollerGenerals Eeport 773 19 Total 20 Deduct ceased to be in force during iheyear i 2 21 Policies in force December 31 1914 1 245 295 00 23 Losses and claims incurred during year 6j000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 364q SECUEITY MUTUAL LIFE INSURANCE COMPANY OF BINGHAMPTON N Y Fredric W enkins President chares A g W A Wright Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 6712060 39 4 Extended at 6712060 39 11Income 5 First years premiums on original policies without deduction for commissions or other expenses less 125779 for first years reinsurance lfl6 201 gg 6 Surrender values applied to pay first years Premilms 683 63 7 Total first years premiums on original policies 4 Taaocn a p 166885 51 8 Dividends applied to purchase paid up ad ditions and annuities 8 702 87 9 Surrender values applied to purchase paid up insurance and annuities 28 462 83 12 Total new premiums 204051 21 Ji Kenewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 4 81011 for reinsurance on renewals 339 058 81774 ComptrollerGenerals Report 14 Dividends applied to pay renewal prem iums 65303 70 16 Surrender values applied to pay renewal 1 494 89 premiums iott on 18 Total renewal premiums 1417851 20 Total premium income 1621908 61 21 Consideration for supplementary contracts not involving life contingencies 1080 0 22 Dividends left with the company to accumulate at inter 6234 S2 est 24 Gross interest on mortgage loans per Schedule B less 73203 accrued interest on mortgages acquired during 1914 78412 88 25 Gross interest on collateral loans per ScheduleC 2000 00 26 Gross interest on bonds and dividends on stocks less 167946 accrued interest on bonds acquired during 1914 per Sched ule D I 27 Gross interest on premium notes policy loans or liens 73065 24 28 Gross interest on deposits in trust com panies and banks per Schedule E 7139 25 29 Gross interest on other debts due the com pany Premiums extensions etc 43 21 33 Gross rent from companys property in cluding 1800000 for companys occu pancy of its own buildings per Sehed A 52742 97 34 Total gross interest and rents 334296 St 35 From other sources Tncome tax withheld Election expense refund u 42 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 211 40 4 i Q89 440 92 44 Total income a IIIDisbursements 1 Fo leath claims 62177872 additions 122757 633006 29 2 For matured endowments 12953 00ComptrollerGenerals Report 775 4 Net amounts paid for losses and matured endowments 645 959 29 o For annuity involving life contingencies II Z 6 Premium notes and liens voided by lapse less 223105 restorations 7 Surrender values paid in cashi or applied in liquidation ot loans or notes 8 Surrender values applied to pay new premiums see In 313338 come No 6 68363 to pay renewal premiums see Income No 16 1349489 9 Surrender values applied to purchase paid upinsurant and annuities see Income No 9 2S 4fi9 10 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes U Dividends applied to pay renewal premiums see Income o 14 13 Dividends applied to purchase paid up additionsand an 6533 nuities see Income No 8 swm 14 Dividends left with the company to accumulateaiinte est see Income No 22 QfiM 82 i 5 Total paid polieyholders iitsqioo 16 Expense of investigation and settlement ofpolicy ciainis mcluding 139418 for legal expense 2 938 18 17 Paid for claims on supplementary contracts not involv ing life contingencies 3 381 79 18 Dividends and interest thereon held on deposit surrender ed during the year 3 147 17 20 Commissions to agents less commission on reinsurance First years premiums 7435857 renewal premiums 8341535 9o A 157773 92 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 4777 90 4 Branch office expenses including salaries of managers and clerks not included in item 22 94 991 92 25 Medical examiners fees 2084200 inspectionofrisks 447107 9fl a 25313 07 26 Salaries and all other compensation of officers directors trustees and home office employees 100 196 08 27 Rent including 1800000 for companys occupancyof its own buildings less 70000 received under sublease 24 503 65 28 Advertising 306013 printing and stationery 552556 postage telegraph telephone and express 794796 exchange 2035 rn t 1 16554 00 29 Legal expense not included in item 16 1 895 82 30 Furniture fixtures and safes 01 a 1370 65 SI Repairs and expenses other than taxes on real estate 14 782 48 32 Taxes on rea estate 700 00 33 State taxes on premiums 23 403 53776 ComptbollebGenebal s Repobt 34 Insurance department licenses and fees 35 All other licenses fees and taxes Federal corporation tax State taxes City licenses and fees 39 Other disbursements Traveling not included in No 23 Bills receivable charged off Legislative 10707 fees Life Ins Presi dents Assn 32158 Genl office expense Election expense 4406 56 484 06 362 00 709 18 5496 08 217 28 428 65 4108 69 1159 60 48 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule B Stocks per Schedule D 11410 30 1655 26 775 00 1 fijs 991 4 49 Total disbursements L IVLedger Assets 728644 85 1637100 00 40000 00 1 Book value of real estate per Schedule A 2 Mortgage loans on real estate per Sched ule B 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made to policyholders on this com panys policies assigned as collateral 1482604 74 5 Premium notes on policies in force 48413 97 6 Book value of bonds 273370469 and stocks 3022500 per Schedule D 2763929 69 7 Cash in companys office 41 8 Deposits in trust companies and banks not on interest per Schedule E 25309 06 9 Deposits in trust companies and banks on interest per Schedule E 257039 44 10 Bills receivable 70000 agents balances debit 2483082 net 2483682 25536 82 Items in suspense 12 Total ledger assets as per balance Item 50 7016206 89 NonLedger Assets 13 Interest due 246250 and accrued 25 57630 on mortgages per Schedule B 1 I Interest accrued on bonds per Schedule D 28038 80ComptrollerGenerals Report 777 per part 1 15 Interest accrued on collateral 0i Schedule C part 1 16 Interest accrued on premiumnotespolicy loans or liens 17 Interest on other assets Accruedonbank deposits 20 Rents accrued on companyspropertyor lease 35821 23 433 33 28134 90 1585 97 966 50 21 Total interest and rents due and accrued uleetAVaUef real 6State Ver bk hie persche 25 Gross premiums due and unreported on policies in force Dee 31 1914 less re insurance premiums 99 n 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 128656 44 27 Totals 28 Deduct loading 94980 73 23012 69 251284 64 50256 92 29 Net a mount of uncolleeted and deferred premiums 201027 72 35 Gross assets Deduct Assets Not Admitted 7335228 03 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 Items in suspense Bonds Schedule D 24836 82 700 00 12227 27 3477 00 25457 86 66698 95 46 Admitted assets 7268529 08 VLiabilities Surplus and Other Fun Is Net present value of all outstanding poli cies in force on the 31st day of Dec 1914 as computed by the N Y Ins 778 CompteolleeGenerals Repoet Dept on the following tables of mortal ity and rates of interest viz 1 Actuaries table at 4 per cent on issues of Jan 1 1887 to Dec 31 1900 except en dowments 3 per cent 587824 00 2 American experience table at 3 per cent on issues of 1901 except endowments 3 863112 00 per cent 3 American experience table at 3 per cent on issues of Jan 1 1902 to Dec 31 1914 5034414 00 Same for reversionary additions 24130 00 5 Net present value of annuities including those in reduction of premiums McClintoeks 3 per cent 7830 Total 6518110 00 6 Deduct net value of risks of this company reinsured in other solvent companies 3312 00 0514798 00 8 Not reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 30 Liability on policies cancelled and not included in net reserve upon whirl a surrender value may be de 21567 59 manded 12 Claims for death losses in process of ad 9000 00 justment 13 Claims for death losses reported for which no proofs have been received 22538 98 16 Claims for death losses and other policy claims resisted by the company 29590 00 61128 98 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 iiliea 80183 22 23 Unearned interest and rent paid in advance 2 Commissions to agents due or accrued 27 Salaries rents office expenses bills and accounts due or accrued 2 554 74 28 Medical examiners fees 99 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 includingComptrollerGenerals Report 779 those contingent on payment of outstanding and de ferred premiums S 34 Dividends declared on or apportioned toannualdividend 3859 M policies payable to policyholders during 1915 whether othneXntUPOn the Payment f reDeWal Pre 35 Dividends declared on apportioned to deferred dividend 11538 policies payable to policyholders during 1915 90 fi49 q 36 Amounts set apart apportioned provisionally ascertain ed calculated declared or held awaiting apportion ment upon deferred dividend policies not included in item So 37 reserve special or surpius funds not Eluded abovei Credits aeet early policies 41 All other liabilities 3191a 22 Agents due bills outstanding Real estate judgment 293 76 27299 59 47 Unaligned funds surplus 769243 19 1 199285 89 48 Total 7268529 08 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said state in force Dec 3i 0f previous year 18 Policies on the lives ofcitizens ofsaid Stateissueddurtng the year 229122 01 19 Total 20 Deduct ceased ff 21 Policies in force Dee 31 1914 2125226 71 22 Losses and claims unpaid Dec 31 of previous year 600 59 23 Losses and claims incurred during year 365 00 24 Total 43965 52 25 Losses and claims settled during the year in cash 39 637 47 26 Losses and claims unpaid Dec 31 1914 414 05 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 67 909 14 780 ComptrollerGenerals Keport SOUTHERN LIFE AND TRUST COMPANY A W McAlister President Arthur Watt Secretary A L Woods 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 1465973 23 4 Extended at 1465973 23 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 234785 for first years reinsurance 1091i4 7 Total first years premiums on ongi nal policies 8 Dividends applied to purchase paid up ad ditions and annuities 11a Consideration for disability claims 109164 50 550 86 709 02 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 7 13074 for reinsurance on renewals 14 Dividends applied to pay renewal prem iums Surrender values applied to pay renewal premiums 110424 38 290974 81 28020 27 262 20 18 Total renewal premiums 19 Extra premiums for total and permanent disability bene fits 20 Total premium income 22 Dividends left with the company to accumulate at mtreest 24 Gross interest on mortgage loans per 319257 28 1900 78 431582 H 578 I Schedule B 25 Gross interest on collateral loans per Schedule C 37054 27 3247 96ComptrollerGenerals Eeport 781 26 Gross interest on bonds and dividends on 27 p StCkSt 18693 61 S7 Gross interest on premium notes policy loans or liens 9 336 55 28 Gross interest on deposits in trust com panies and banks per Schedule E i 679 76 29 Gross interest on other debts due the com pPMy 449 90 M Gross rent from companys property in cluding 208000 for companys occu pancy of its own buildings per Sched UleA 1180688 34 Total gross interest and rents 35 From other sources 68 93 Received from capital and trust departments for invest ment 5 59 21 43 Gross increase by adjustment in book value of ledger assets viz Stocks per Schedule D 10 829 26 44 Total income 530784 18 IIIDisbursements 1 For death claims less 950000 reinsur ance 5936602 additions 7100 59437 02 3 For total and permanent disability claims 48 20 4 Net amounts paid for losses and matured endowments 59485 22 7 Surrender values paid in cash or applied in liquidation of loans or notes 17686 97 8 Surrender values applied to pay new premiums see In come No 6 1380 to pay renewal premiums see Income No 16 26220 276 00 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 2 005 61 11 Dividends applied to pay renewal premiums see Income No 14 28020 2r 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 550 g6 14 Dividends left with the company to accumulate at inter est see Income No 22 578 o 15 Total paid policyholders jog g03 27 16 Expense of investigation and settlement of policy claims including 10000 for legal expense 105 95 19 Paid stockholders for interest or dividends 6 244 04782 CompteollebGenebals Bepobt 20 Commissions to agents less commission on reinsurance First years premiums 6129578 renewal premiums 1041828 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 25 Medical examiners fees 960450 inspection of risks 206053 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Eent including 208000 for companys occupancy of its own buildings 28 Advertising 822710 printing and stationery 339964 postage telegraph telephone and express 204056 exchange 76442 30 Furniture fixtures and safes 31 Bepairs 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 36 Federal corporation tax 39 Other disbursements Miscellaneous petty items 49 Total disbursements IVLedger Assets 1 Book value of real estate per Schedule A 127291 11 2 Mortgage loans on real estate per Sched ule B 841724 07 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 61284 83 4 Loans made to policyholders on this com panys policies assigned as collateral 229450 59 6 Book value of bonds 1788750 and stocks 37216600 per Sched D 390053 50 8 Deposits in trust companies and banks not on interest per Schedule E 41048 09 9 Deposits in trust companies and banks on interest per Schedule E 7000 00 10 Bills receivable 107508 agents bal ances net 219029 3265 37 Deposits with corporations 6886 04 12 Total ledger assets as per balance Item 50 71714 06 13340 83 11665 03 36964 71 2080 00 14431 72 2059 88 9933 52 506 40 2152 35 943 44 6075 97 1209 09 733 55 753 81 1708003 60 ComptrollerGenerals Report NonLedger Assets 783 13 Interest due 352630 and accrued 13 78056 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C Part 1 16 Interest accrued on premium notes policy loans or liens 20 Bents accrued on companys property or lease 17306 86 411 65 447 30 4592 61 1369 50 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiumsj 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 24127 92 64516 78 6304 36 27 Total 28 Deduct loading 70821 14 7082 11 29 Net amount of uncollected and deferred pre 35 Gross assets miums 63739 03 1795870 55 Deduct Assets Not Admitted 38 Agents debit balances gross 40 Bills receivable 2190 29 1075 08 46 Admitted assets 1792605 18 VLiabilities Surplus and Other Funds Net present value of all outstanding poli cies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on all paid for business in force Dec 31 194 1017143 31 Same for reversionary additions i840 17 Total 1018983 48784 ComptrolleeGenebals Eepoet 6 Deduct net value of risks of this company reinsured in other solvent companies 8395 23 7 Extra reserve for total and permanent dis ability benefits 3146 44 8 Net reserve 1013734 60 13 Claims for death losses reported for which no proofs have been received 6592 64 19 Total policy claims 6592 21 Dividends left with the company to accumulate at interest and accrued interest hereon 1638 63 22 Premiums paid in advance including surrender values so applied 158 79 25 Commissions to agents due or accrued 426 23 27 Salaries rents office expenses bills and accounts due or accrued 28ob 29 28 Medical examiners fees 620 00 29 Estimated amount hereafter payable for Federal State and othertaxes based upon the business of the year of this statement 4US 3 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 345 04 37 Reserve special or surplus funds not included above Reserve for future death claims 4000 00 Net liability capital and trust departments 90290 24 1139023 48 46 Capital stock 300000 00 47 Unassigned funds surplus 35358 70 48 Total 1792605 18 Business in the State of Georgia Duing 1914 18 Policies on the lives of citizens of said State issued dur ing the year 155584 00 20 Deduct ceased to be in force during the year 7000 00 21 Policies in force Dec 31 1914 148584 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 4139 54ComptrollerGenerals Eepoet 785 SOUTHERN STATES LIFE INSURANCE COMPANY OF ATLANTA GA Wilmer L Moore President Prank W A Wright Attorney for Service LCapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balance December 31st of previous year 1311862 91 4 ExteiKled at 777737 1311862 91 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 202197 for first years reinsurance 126 439 32 8 Dividends applied to purchase paidup ad ditions and annuities 198 52 9 Surrender values applied to purchase paid up insurance and annuities 265 00 10 Consideration for original annuities involv ing life contingencies Accum 136664 revised 106916 changes 199198 4427 78 12 Total new premiums 121 330 62 13 Renewal premiums in addition to Items 14 16 and 17 without deduction for commissions or other expenses less 11 24838 for reinsurance on renewals 467550 10 14 Dividends applied to pay renewal prem iums 35419 65 18 Total renewal premiums 502969 5 20 Total premium income 624300 37 24 Gross interest on mortgage loans per Schedule B 24867 17 25 Gross interest on collateral loans per Schedule C 10374 52 26 Gross interest on bonds and dividends on stocks per Schedule D 3 g52 71 27 Gross interest on premium notes policy loans or liens 26850 78 29 Gross interest on other debts due the com Pany 374 98 786 ComptrollerGenerals Report 34 Total gross interest and rents B5 From other sources Suspense 372 49 Contingent commissions 2505 52 Increase dividend deposit 199 43 44 Total income 66320 16 3077 44 693697 97 IIIDisbursements 1 For death claims less 1450000 reinsur ance additions 13955338 3 For total and permanent disability claims 139698 38 750 00 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 9 Surrender values applied to purchase paidup insurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 regular 1984664 prem ref 1557301 13 Dividends applied to purchase paidup additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at inter est see Income No 22 84716 and 272240 140303 38 22963 61 55427 00 265 00 615 79 35419 65 198 52 3569 56 15 Total paid policyholders 258762 57 17 Paid for claims on supplementary contracts not involving life contingencies 350 00 18 Dividends and interest thereon held on deposit surren dered during the year see Income 3839 20 Commissions to agents less commission on reinsurance First year premiums bonus 201107 renewal prem iums 1258096 annuities original 77199C 91791 11 21 Commuted renewal commissions Agents acct 317514 exp 1042729 13602 43 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 3952 88 25 Medical examiners fees 1425915 inspection of risks 544831 19707 46 26 Salaries and all other compensation of officers directors trustees anl home office employees 42327 56express 195 ComptrollerGenerals Eeport 27 Bent for companys occupancy of its own buildings 28 Advertising 622068 printing and stationery 6 714 37 postage 413219 telegraph 9418 29 exchange 67875 29 Legal expense not included in Item 16 33 State taxes on premiums 34 Insurance department licenses and fees 35 All other licenses fees and taxes General license and tax 254031 pal 394660 39 Other disbursements Journals 48326 traveling 48231 actuarial 2257 00 directors and com 181831 legislative 376 20 in cidental 418085 suspense first year 31334 led pro and loss 59946 expense load aeet 121958 exam 35373 munici 787 3900 00 18883 16 3007 49 5447 15 960 50 6890 64 11730 31 49 Total disbursements 481613 28 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made fo policyholders on this com pany a policies assigned as collateral 5 Premium notes on policies in force of which 866250 is for first years prem iums 6 Book value of bonds 7 Cash in companys office 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable Personal Furniture and fixtures 428080 00 147570 16 491553 45 113531 95 120671 58 550 00 110815 24 92931 00 3435 49 676 75 14132 00 12 Total ledger assets as per balance Item NonLedger Assets 13 Interest due 162172 and accrued 4 70442 on mortgages per Schedule B 14 Interest due 15000 and accrued 118416 16 Interest accrued on premium notes policy loans or liens 50 6326 14 1334 16 852 00 1523947 62 788 ComptbollebGenebals Eepoet 17 Interest accrued on other assets 85 00 Bank deposits 500 00 21 Total interest and rents due and accrued 9097 30 25 Gross premiums due and unreported on pol icies in force December 31 1914 less reinsurance premiums 493o8 79 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 6326 00 27 Totals net 55684 79 29 Net amount of uncollected and deferred premiums see 27 35 Gross assets l588729 71 Deduct Assets Xot Admitted 37 Furniture fixtures and safes 14132 00 40 Bills receivable 343 49 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 10208 23 28452 47 46 Admitted assets 1560277 24 VLiabilities Surplus and Other Funds 2 American experience table at 3 per cent on L insurance 2029500 397011 00 Modified insurance 2117920 313780 00 3 American experience table at 4 per cent on L nonpar ins 724300 27451 00 P T nonpar ins 30360000 15790 00 4 Other tables and rate viz Four per cent P T prem ad 3131500 152564 00 Three and onehalf per cent P T 7 616943 465767 00 Total 18656163 1372363 00 6 Deduct net value of risks of this company reinsured in other solvent companies 951500 12659 00 1359704 00 7 Extra reserve for total and permanent disability benefits 2056 00ComptrollerGenerals Eeport 789 8 Net reserve A Q 1361760 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 5 934 00 11 Claims for death losses due and unpaid 5000 O0 19 Total policy claims 0Q 21 Dividends left with the company to accumulate at interest and accrued interest thereon Regular 184510 G D 649918 interest 40000 1 8 744 28 22 Premiums paid in advance including surrender values so aPPIied 319 09 23 Unearned interest and rent paid in advance 9331 00 24 Commissions due to agents on premium notes when paid 8 7V 63 33 Dividends or other profits due policyliolders including those contingent on payment of outstanding and deferred Premiums m 7g 34 Dividends declared on or apportioned to annual dividend policies payable to policyliolders during 1915 whether contingent upon the payment of renewal premiums or otherwise 2 130 74 41 All other liabilities Sundry items in suspense iio8 23 46 Capital stock 10000 00 4 Unassigned funds surplus 53 114 48 48Total 6t7 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force December 31st of previous year 4907 9 417 186 oo 18 Policies on the lives of citizens of said State issued during the year Restored 42 pol 75000 1072 1969500 00 19 Total 5979 11386686 00 20 Deduct ceased to be in force during the year Moved from 37 pol 50000 848 1707046 00 21 Policies in force December 31 1914 5131 9679640 00 23 Losses and claims incurred during year 37 79 542 00 25 Losses and claims settled during the year in cash 36 78542 00 26 Losses and claims unpaid December 31 1914 1 1 000 00 27 Premiums collected or secured in cash and notes r credits without any deduction for losses div idends commissions or other expenses 288 899 62 790 ComptrolleeGeneeals Eepoet STANDARD LIFE INSURANCE COMPANY Heman E Perry President Harry H Pace Secretary ICapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balance Dec 31 previous year 115341 51 4 Extended at 115341 51 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses ord 3274145 ind 1800766 50749 11 12 Total new premiums 13 Kenewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses 18 Total renewal premiums 4588 47 20 Total premium income 26 Gross interest on bonds and dividends on stocks 34 Total gross interest and rents 35 From other sources Sale of H A business Ky Sale of H A business Tenn Sale of H A business Tenn and Ala 5 per cent com on H A business Ky 4795 75 1 For death claims ord 262500 ind 6 35695 8981 95 50749 11 4588 47 55337 58 4795 75 5468 34 828 45 1745 69 848 26 8891 74 44 Total income 60025 07 IIIDisbursements 4 Net amount paid for losses and matured endowments S 8981 95 ComptrollerGeneral s Report 791 16 Expense of investigation and settlement of policy claims including 38060 for legal expense 380 60 20 Commissions to agents less commission on reinsurance First years premiums 904968 renewal premiums 5535 9105 03 il Compensation of managers and agents not paid by com mission for services in obtaining new insurance indus tTial 8876 17 45 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 2383 03 24 Branch office expenses including salaries of managers and clerks not included in item 22 s okk rfl oc C 0000 00 25 Medical examiners fees 887898 inspection of risks or a 175 8953 98 26 balanes and all other compensation of officers directors trustees and home office employees 11 407 69 27 Bent 1058 33 28 Advertising 95528 printing and stationery 187105 postage telegraph telephone and express 769 81 ex change 7441 g5 30 Furniture fixtures and safes 1 570 20 33 State taxes on premiums 149 9 34 Insurance department licenses and fees 343 3 35 All other licenses fees and taxes Municipal lie 075 00 State corp tax 125 00 800 00 39 Other disbursements Actuarial and auditing fees including 2 State exams 83450 2137 90 it Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D lgg 40 49 Total disbursements 63 898 98 IVLedger Assets 5 Premium notes on policies in force first year s premiums 997 10 6 Book value of bonds 09 541 60 110538 70 7 Cash in companys office l 640 04 8 Deposits in trust companies and banks not on interest per Schedule E 5 094 42 9 Deposits in trust companies and banks on interest per Schedule E 3 340 10792 ComptbollebGenebals Bepobt 10074 56 75 66 10 Agents balances reserve 3806 suspense 3760 21 Total interest and rents due and accrued New Business Benewals 25 Gross premiums due and un reported on policies in force Dec 31 1914 less reinsurance premiums 677 30 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 12244 05 4896 65 27 Totals 12244 05 28 Deduct loading 4897 62 5573 95 682 81 29 Net amount of uncolleeted and deferred premiums 7346 43 30 All other assets Furniture fixtures and safes 4891 14 9998 90 12 Total ledger assets as per balance Item 50 120537 60 NonLedger Assets 34 Interest due 42000 and accrued 120834 on bonds per Schedule D part 1 1628 34 17 Interest on other assets Savings co At lanta Trust Co 153 60 1781 94 12237 57 1570 20 35 Gross assets 136127 31 Deduct Assets Not Admitted 37 Supplies stationery printed matter 1570 20 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 2250 00 43 Book value of ledger assets over market value viz Bonds 1048 63 4868 83 46 Admitted assets 131258 48ComptkollebGeneeal s Bepobt 793 VLiabilities Surplus and Other Funds Net present value of all outstanding poli cies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on select and ultimate all issues of 1913 12960 67 3 American experience table at 3 per cent on preliminary term whole life continu ous and 20 pt limited of 1914 issue 2966 49 Modified preliminary term all endowments 10 and 15 yr limited life issue of 1914 6618 45 Ttal 22545 61 8 Net reserve 97 Q 22545 61 J7 Salaries rents office expenses bills and accounts due or accrued s 679 80 28 Medical examiners fees 1 299 6 r 24518 03 46 Capital stock A TT yt 100000 00 4i Unassigned funds surplus 6 740 4 48 Total 7 131258 48 Business in the State of Georgia During 1914 n No Amount 1 Policies on the lives of citizens of said state in force Dec 31 of previous year 281 221 500 00 18 Policies on the lives of citizens of said State issued during the year m infi0 0Q I9 a 956 692500 00 20 Deduct ceased to be in force during the year 254 173750 00 21 Policies in force Dec 31 1914 702 518750 00 23 Losses and claims incurred during year ord 3 1750 ind 31 357750 34 5m 5Q 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses ord 1747035 ind 1117220 28642 55 794 ComptrollebGenebals Repobt STATE LIFE INSURANCE COMPANY OF INDIANAPOLIS IND H W Bennett President Albert Sahm Secretary C V LeCraw Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 13001727 89 4 Extended at 13001727 89 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 58408 for first years reinsurance 241198 75 6 Surrender values applied to pay first years premiums 8 00 7 Total first years premiums on original policies 241200 75 8 Dividends applied to purchase paid up ad ditions and annuities 2012 54 9 Surrender values applied to purchase paid np insurance and annuities 2 1528 10 12 Total new premiums 267747 39 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 4 15826 for reinsurance on renewals 2000157 21 14 Dividends applied to pay renewal prem iums 193248 88 16 Surrender values applied to pay renewal premiums 3058 67 18 Total renewal premiums 2196404 76 19 Extra premiums for total and permanent disability bene fits 402702 and for additional accidental death bene fits 3438682 included in life policies 38413 84 20 Total premium income 2502625 99 21 Consideration for supplementary contracts not involving life contingencies 18895 09ComptrollerGenerals Report 795 22 Dividends left with the company to accumulate at inter est 24 Gross interest on mortgage loans per Schedule B less 1595078 accrued in terest on mortgages acquired during 1914 477725 30 JO Gross interest on bonds and dividends on stocks less 4500 accrued interest on bonds acquired during 1914 per Sched Q Ie D 9130 00 J7 Gross interest on premium notes policy loans or liens 203704 19 28 Gross interest on deposits in trust com panies and banks per Schedule E 4 597 72 29 Gross interest on other debts due the com pany Advances to agents paid 511 49 33 Gross rent from companys property in cluding 1433361 for companys occu pany of its own buildings per Sched Ie A 101047 98 34 Total gross interest and rents7 796716 68 41 From agents balances previously charged off 125 68 44 Total income 3326635 71 IIIDisbursements 1 For death claims 63935905 additions 0 4380 639402 85 2 For matured endowments 31 700 00 3 For total and permanent disability claims 352501 and for additional accidental death benefits 2537733 28 902 34 4 Net amounts paid for losses and matured endowments 700005 19 5 For annuities involving life contingencies 2oo 00 6 Premium notes and liens voided by lapse 30 088 22 7 Surrender values paid in cash or applied in liquidation of loans or notes 250505 30 8 Surrender values applied to pay new premiums see In come No 6 800 to pay renewal premiums see In come No 16 305867 3 066 67 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 24 528 10 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 30 o8p q 796 CompteollekGenekal s Report 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the company to accumulate at in terest see Income No 22 15 Total paid policyholders 16 Expense of investigation and settlement of policy claims including 79261 for legal expense 17 Paid for claims on supplementary contracts not involv ing life contingencies 18 Dividends and interest thereon held on deposit surrender ed during the year 20 Commissions to agents less commission on reinsurance First years premiums 18169315 renewal premiums 19108744 21 Commuted renewal commissions 22 Compensation of managers and agts not paid by commis sion 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 and managers and clerks not included in item 22 25 Medical examiners fees 22193 inspection of risks 552946 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Bent including 1433361 for companys occupancy of its own buildings less 62240 received under sublease 28 Advertising 679356 printing and stationery 13 50394 postage telegraph telephone and express 9 13611 exchange 1812 29 Legal expense not included in item 16 30 Furniture fixtures and safes 31 Bepairs 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 Internal revenue 52 00 Federal corporation tax 3168 84 193248 88 2012 54 8272 27 1242027 10 863 12 2558 35 2681 35 372780 59 6000 00 3750 00 8138 03 20644 94 27722 46 129351 86 20 292 32 29451 73 911 68 4769 29 37646 79 16320 82 35424 19 4795 51 Municipal licenses and misc fees Taxes on investments 39 Other disbursements I Dvestment expense 3220 84 946 90 402 27 14588 23ComptrollerGeneral s Keport 797 Miscellaneous expense 2 014 8S Partial payment on voided notes paid 377 60 Dis on prems paid in advance 4 27 46 Agents balances charged off 1 447 69 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 7 600 qq 49 Total disbursements 2 ggg 732 gj IVLedger Assets 1 Book value of real estate per Schedule A 1008269 75 2 Mortgage loans on rear estate per Sched ule B first liens 8565889 10 4 Loans made to policyholders on this com panys policies assigned as collateral 4035732 56 5 Premium notes on policies in force 90529 73 6 Book value of bonds Ig7 953 iq 7 Cash in companys office 8 248 63 9 Deposits in trust companies and banks on interest per Schedule E 300467 21 10 Agents balances debit 5227636 credit 774565 net 4453071 44530 71 12 Total ledger assets as per balance Item 50 14331630 79 NonLedger Assets 13 Interest due 2334496 and accrued 129 03356 on mortgages per Schedule B 152378 52 14 Interest due 45000 and accrued 3 27083 on bonds per Schedule D part 1 3720 83 16 Interest accrued on premium notes policy loans or liens 905 30 20 Rents due on companys property or lease 2040 94 21 Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 123 642 68 159045 59 207153 08798 CompteollebGtenebals Kepoet 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 85667 98 27 Total 209310 66 28 Deduct loading 58039 38 29 Net amount of uncollected and deferred premiums 151271 28 30 All other assets Unearned prem for fire ins on H 0 bldg 2700 00 35 Gross assets 14851800 74 Deduct Assets Not Admitted 38 Agents debit balances gross 52276 36 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 12700 88 43 Book value of ledger assets over market value viz Bonds 16838 60 46 Admitted assets 14769984 90 VLiabilities Surplus and Other Funds Net present value of all outstanding poli cies in force on the 31st day of Dec 1914 as computed by the Ind Ins Dept on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all poli cies issued prior to Jan 1 1909 2439698 77 2 American experience table at 3 per cent on all policies issued since Jan 1 1901 excepting as per item No 3 9374601 58 Same for reversionary additions 6302 24 3 American experience table at 3 per cent on all nonpar policies excepting 20 V T policies issued prior to Aug 16 190S 110682 22 5 Net present value of annuities including those in reduction of premiums McClintoeks 3 per cent 1788 00 Total 11983083 81ComptrollerGenerals Eeport 799 6 Deduct net value of risks of this company reinsured in other solvent companies 2431 32 11930622 49 7 Extra reserve for total and permanent dis ability benefits 28221 u 8 Net reserve 9 Present value of amounts not yet dueonsupplementary 119884 contracts not involving life contingencies computed by the company 12 Claims for death losses in process of ad justment or adjusted and not due 3 766 19 13 Claims for death losses reported for which no proofs have been received 28 000 00 14 Reserve for net death losses incurred but unreported 1200 0Q 16 Claims for death losses and other policy claims resisted by the company 14500 00 TT Claims for additional accidental death benefits 15266 19 19 Total policy claims 73 532 38 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 17 041 76 22 Premiums paid in advance including surrender Values so applied TT VV 16744 29 AS Unearned interest and rent paid in advance 95 757 71 25 Commissions to agents due or accrued 7899 72 27 Salaries rents office expenses bills and accountsdue or accrued 28 Medical examiners fees o708 00 29 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of W8 statement 56j358 32 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 11 969 77 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 26 341 06 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 51589 72 37 Reserve speeial or surplus funds not included above Special surplus on combination policies 56 443 31 Surplus on 30 year term policies 5g4 90 800 ComptbolleeGeneeals Eepoet Reserve for mortality and asset fluctuations and other con tingent liabilities 113032 68 47 Unassigned funds surplus 2211034 f3 48 Total 14769984 90 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 0869433 00 18 Policies on the lives of citizens of said State issued dur ing the year 758067 00 19 Total 7628100 00 20 Deduct ceased to be in force during the year 839996 00 21 Policies in force Dec 31 1914 6788104 00 22 Losses and claims unpaid Dec 31 of previous year 6000 00 23 Losses and claims incurred during year 67500 00 24 Total 73500 00 25 Losses and claims settled during the year in cash 68 45339 by compromise 4661 68500 00 26 Losses and claims unpaid Dec 31 1914 5000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 150266 37 STATE MUTUAL LIFE ASSURANCE COMPANY OF WORCESTER MASS B H Wright President D W Carter Secretary Wm A Wright Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 42547359 61 4 Extended at 42547359 01 ComptbolleeGeneeals Eepoet 801 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 633247 61 7 Total first years premiums on original policies o n J 633247 61 8 Dividends apphed to purchase paid up ad ditis and annuities 115 417 J5 10 Consideration for original annuities in volving life contingencies 88 523 5Q 11 Consideration for supplementary contracts involving life contingencies 3638 00 12 Total new premiums 13 Benewal premiums in addition to items 826 86 14 16 and 17 without deduction for commissions or other expenses less 2946390 for reinsurance on renewals 4 744 891 97 14 Dividends applied to pay renewal prem iums 651679 48 18 Total renewal premiums 20 Total premium income 6237328 31 21 Consideration for supplementary contracts not involving life contingencies 103 308 39 22 Dividends left with the company to accumulate at inter 9 12240122 24 Gross interest on mortgage loans per Schedule B less 329352 accrued in terest on mortgages acquired during t 1914 667043 00 db Gross interest on bonds and dividends on stocks less 1079250 accrued interest on bonds acquired during 1914 per Schedule D 926940 4Q 27 Gross interest on premium notes policy loans or liens 367467 g5 28 Gross interest on deposits in trust com panies and banks per Schedule E 17282 89 29 Gross interest on other debts due the com pany Interest on agency bank accounts 1074 51 Loans on personal security 509 g6 Interest on overdue premiums 53354 533 54 32 Gross discount on claims paid in advance 208 19 802 CompteollebGenebals Kepobt 33 Gross rent from companys property in eluding 3077744 for companys occu pancy of its own buildings per Sched ule A 135829 41 34 Total gross interest and rents 2116889 45 35 From other sources Income from assets marked off see Schedule C 250 00 Rents overdue on real estate sold 25 00 Premium notes restored less 75500 voided by lapse 630 00 42 Gross profits on sale or maturity of ledger assets viz Bonds per Schedule D 5926 38 43 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D including 610515 for accrual of discount 6105 15 44 Total income 8592863 90 IIIDisbursements 1 For death claims less 2400000 reinsur ance 186636844 additions 3738400 1903752 44 2 For matured endowments 76214162 ad ditions 4803100 810172 62 4 Net amounts paid for losses and matured endowments 2713925 06 5 For annuities involving life contingencies 34549 35 7 Surrender values paid in cash or applied in liquidation of loans or notes 833090 87 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 200423 44 11 Dividends applied to pay renewal premiums see Income No 14 651679 48 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 115417 75 14 Dividends left with the company to accumulate at inter est see Income No 22 122401 22 15 Total paid policyholders 4671487 17 16 Expense of investigation and settlement of policy claims including 49261 for legal expense 550 85 17 Paid for claims on supplementary contracts not involving life contingencies 34374 53 18 Dividends and interest thereon held on deposit surrender ed during the year 62192 75ComptrollerGenerals Eeport 803 20 Colons to agent less commissio on reinsurance 3 8956 05 PremrS 26757218 1 premiumi diyob0o annuities original 2 655 71 21 Commuted renewal commissions 58983 94 23 Agency supervision and traveling exnenVes of 33683 88 pnt 2 Blms expenses o supervisors 24 Branch I8 hm6 ffiee Pion 3 689 24 Branch office expenses including salaries of manager and clerks not included in item 22 g 25 Medical examiners fees 47 ns nn J 6o415 31 1100214 42300 lnsPeet10n of risks 26 Salaries and all other compensation nV Jt 58205 U Luiupciibdiion ot officers directors trustees and home office employees 27 Bent including 3077744 for LianyVoceupancyof 1H293 28 Ad rtir dSg4S2V4esS fT sublLe 57544 32 verusmg d42248 pnnting and stationery 30043 32 Postage telegraph telephone and express 17 496 43 exchange 459 w4o 29 Legal expense not includedin itemie 5966 82 30 Furniture fixtures and safes 4 40 S SSriiXTother than i esiate JJ 2 33 State taxes on premiums 28794 89 34 Insurance department licenses and fees 55724 8 35 All other licenses fees and taxes 7596 69 Federal corporation tax co Taxes on reserve JJ22 67 Municipal licenses and fees JJJJ JJ 39 Other disbursements 64280 13 Bent of appliances night watch etc LUSnn nf35 travelin 271995auditing 2 30000 lighting 2000 00 NT8 magazines etc Wiiiofficeactions 1833 3 Entertainment of agents and empioyees at H o i 79863 laundry 29450 Appraising and investigating mortgages 2Joj bonding and insurance 31103 Commissions 10260 supplies and maintenance 896A2 S J Decrease in unadjusted surrender values 315 06 sun dries 12423 47 Gross loss on sale or maturity 0f i Bonds per Schedule D Stocks per Schedule D 10797 22 48 Gross decrease by adjustment in book Value of ledger 60 assets viz 6 Collateral loans 5000 00 804 ComptrollebGenebals Repobt Bonds per Schedule D including 1570777 for amortiza 103961 69 tion of premaum Shocks per Schedule D 6152179 48 49 Total disbursements v TVLedger Assets I Book value of real estate per Schedule A 1738000 00 2 Mortgage loans on real estate per Sched ule B first liens 13858427 00 4 Loans made to policyholders on this com pany s policies assigned as collateral 7118676 64 5 Premium notes on policies in force 33740 00 6 Book value of bonds 1949736561 and stocks 202308800 per Schedule D 21520453 61 7 Cash in companys office 3233 14 9 Deposits in trust companies and banks on interest per Schedule E 708177 40 II Loans on personal security 7337 24 12 Total ledger assets as per balance item 50 44988044 03 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 223650 68 14 Interest accrued on bonds per Schedule D part 1 266145 74 16 Interest due 2347819 and accrued 70 11018 on premium notes policy loans r 93588 37 or bens 17 Interest due 3750 accrued 13193 on loans on personal security 169 43 20 Rents due 6401 and accrued 1458426 on companys property or lease 14648 27 21 Total interest and rents due and accrued 598202 49 New Business Renewals 25 Gross premiums due and mi reported on policies in force Dec 31 1914 less reinsurance premiums 12161 01 420080 64ComptrollebGenerals Bepoe 805 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 5944 74 567092 41 27 Totals 28 Deduct loading 2105 17072 81105 75 987173 05 207799 93 29 Net amount of uncollected and deferred premiums 64032 99 779373 12 843406 11 35 Gross assets 46429652 63 Deduct Assets Not Admitted 40 Loans on personal security endorsed or not 43 Book value of ledger assets over market value 7506 67 1195227 28 46 Admitted assets 1202733 95 45226918 68 VLiabilities Surplus and Other Funds Net present value of all outstanding poli cies in force on the 31st day of Dec 1914 as computed by the Mass Ins Dept on the following tables of mor tality and rates of interest viz 1 Actuaries table at 4 per cent on all poli cies issued prior to Dec 31 1900 19324815 00 Same for reversionary additions 268342 00 2 American experience table at 3 per cent on all policies issued from January 1 1901 to January 1 1908 12628813 00 Same for reversionary additions 3 American experience table at 3 per cent on all policies issued after January 1 1908 Same for reversionary additions 5 Net present value of annuities including those in reduction of premiums American 3 per cent American 3 per cent 457779 00 7081973 00 681473 00 37864 00 290711 00 Total 6 Deduct net value of risks of this company reinsured in other solvent companies 8 Net reserve 40771770 00 298157 00 40473613 00806 ComptrollerGenerals Report 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the actuary 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 13 Claims for death losses reported for which no proofs have been received 15 Claims for matured endowments due and unpaid 16 Claims for death losses and other policy claims resisted by the company 18 Due and unpaid on annuity claims involv ing life contingencies 146555 00 2365 00 18286 00 87 40 19 20 21 22 23 25 27 28 29 33 34 35 36 3 Total policy claims Due and unpaid on supplementary contracts not involv ing life contingencies Dividends left with the company to accumulate at in terest 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 560000 and legal fees 20000 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 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1915 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 Reserve special or surplus funds not included above Special Reserve on life annuities 365307 2915 51 167293 40 250 00 505228 58 40676 57 38399 74 176 52 6270 45 5800 00 107500 00 84974 79 1168986 00 116674 00 145307 0O 44710 00lMH ComptrollerGenerals Report 807 41 All other liabilities Liabilities on death losses incurred but not reported in 47 Unassigned funds surplus 5320 28 1 1947515 12 48 Total 45226918 26 Business in the State of Georgia During 1914 17 Policies n tv l Amount Policies on the lives of citizens of said State m force Dee 31 of previous vear n 18 Policies on the lives If dST issued during the year J 99 269406 00 19 Total 20 Deduct ceased iobeforeingyea fTo 21 Policies in force Dec 31 1914 VTo 22 Losses and claims unpaid Dec 31 of previous year 23 Losses and claimsincurred during year 2g 24 Total 26 42379 74 25 Losses and claims settled during the year in cash 26 42379 74 27 Premiums collected or secured in cash and notes or credts without any deduction for losses dividends commissions or other expenses 68 434 08 TRAVELERS INSURANCE COMPANY OF HARTFORD CONN Sylvester C Dunham President Tampa T a James L Howard Secretary Harry M Thompson Attorney for Service ICapital Stock 2 Amount of ledger assets as per balance Dec 31 of previous year 69031994 29 4 Extended at 69031994 29 an 808 ComptrollerGenerals Eepoet IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 5431360 for first years reinsurance 1438928 78 6 Surrender values applied to pay first years 1 217 22 premiums 7 Total first years premiums on original policies 1440146 00 8 Dividends applied to purchase paid up ad ditions and annuities 22110 00 9 Surrender values applied to purchase paid up insurance and annuities 14519 10 Consideration for original annuities involv ing life contingencies 130704 86 11 Consideration for supplementary contracts involving life contingencies 22814 81 1630294 32 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 283 71550 for reinsurance on renewals 8333226 47 14 Dividends applied to pay renewal prem 35846 11 lums 16 Surrender values applied to pay renewal 1485 95 premiums 17 Renewal premiums for deferred annuities 1731 71 18 Total renewal premiums 19 Extra premiums for total and permanent disability bene 11547 16 fits in 014 39 39 20 Total premium income 21 Consideration for supplementary contracts not involving 4i508o 99 life contingencies 24 Gross interest on mortgage loans per Schedule B less 1212454 accrued in terest on mortgages acquired during m4 1516557 32 26 Gross interest on bonds and dividends on stocks less 1996389 accrued interest on bonds acquired during 1914 per ScheduleD 1309985 22 27 Gross interest on premium notes policy loans or liens 556n3 51ComptrollerGenerals Report 809 28 Gross interest on deposits in trust com panies and banks per Schedule E 8 864 44 32 Gross discount on claims paid in advance 656 33 dS Gross rent from companys property in cluding 13408308 for companys occu pancy of its own buildings per Sched Ule A 168353 43 34 Total gross interest and rents A n IK f t 3o60o30 25 io rrom other sources Profit and loss miscellaneous Recovered from mortgage loans previously charged off per Schedule Y 42 Gross profit on sale or maturityofiedgerassets viz Bonds per Schedule D Stocks per Schedule D 23 45 43 Gross increase by adjustment in book valueof ledger assets viz Bonds per Schedule D including 17 36272 for accrual of discount yj 39 44 Total income 14091885 50 IIIDisbursements 1 For death claims less 12025200 reinsur ance 283881712 additions 534205 2844159 J7 2 For matured endowments less 1895400 reinsurance 98649279 additions 3 F08t8f1 989490 79 rf tor total and permanent disability claims 4342 36 4 Net amounts paid for losses and matured endowments 7 3 837 992 32 o For annuities involving life contingencies 69918 40 7 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to pay new prems see Income No 6 121722 to pay renewal premiums see In come No 16 148595 2 703 17 9 Surrender values applied to purchase paid up insurance and annuities see Income No 9 n i n tv 3 3 t J4o ly 2o 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 498 06 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 22 110 00 15 Total paid policyholders 5249867 7210 ComptrollerGenerals Eeport 16 Expense of investigation and settlement of policy claims including 15532 for legal expense 17 Paid for claims on supplementary contracts not involving life contingencies 19 Paid stockholders for interest or dividends 19y2 Discount on premiums paid in advance 20 Commissions to agents less commission on reinsurance First years premiums 59107197 renewal premiums 39762361 annuities original 316617 renewal 7963 21 Commuted renewal commissions 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 23 Traveling expenses of home office employees 24 Branch office expenses including salaries of managers and clerks not included in item 22 25 Medical examiners fees 9049255 inspection of risks 26462 94 26 Salaries and all other compensation officers directors trustees and home office employees 27 Rent including 4243141 for company occupancy of its own buildings 28 Advertising 2264297 printing and stationery 32 83007 postage telegraph telephone and express 4700013 exchange 118630 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 32Vj Mortgage loan expense 33 State taxes on premiums 34 Insurance department licenses and fees 35 All other licenses fees and taxes Federal corporation tax 7183 53 State county and municipal licenses and 3083 47 fees State county and municipal taxes 8681 Q 745 34 Tax on participating reserve V Mexican stamps tax 144 07 Ta x on capital stock 95822 6 Canada income tax War revenue tax 9978 02 527631 73 280000 00 2540 90 991940 38 29972 74 56025 24 20132 15 3059 i 18 116955 4 260532 21 139963 82 103659 47 3826 26 21025 89 6140 56 49679 98 50433 51 134479 61 I293i 7 116984 67 39 Other disbursements Heat light and maintenance of offices Dues and fees for membership in various associations 16746 55 4228 97ComptrollerGenerals Report 811 Insurance on companys employees 2mu Newspapers periodicals and books Alt RArth anniversary convention and enter tamment of agents and employees 2 087 9 wrnthmefepes 2s Miscellaneous expense 448 94 454 92 46 Agents balances charged off 3110a 74 47 Gross loss on sale or maturity of ledger asset Viz 8 Heal estate per Schedule A Bonds per Schedule D 300 00 GralSeir B7 fT ot ledger 2657 156 29 Zl Per SChedue D lg 35 0629 for amortization of premium 2g 49 Total disbursements 8821774 27 IVLedger Assets 1 Home office real estate 1 Book value of real estate per Scned 2 Mortgage loans on real estate per Sched ule B first liens 4 Loans made to penholderson tHseo 08390 35 panys policies assigned as collateral 11587 391 91 6 Book value of bonds 2823438300 and stocks 127091483 per Sched D 29 505 297 83 9 Depots in trust companies and banks on interest per Schedule E 011 911745 43 12 Total ledger assets as per balance itemloTTTT 74302105 52 NonLedger Assets 13 Interest due 1529337 and accrued 629 ll076 on mortgages per Schedule B 644 409 13 14 Interest due 7493550 and accrued 48488862 on bonds per Schedule D part 1 16 Interest due on premium notes policy 4984 loans or liens 3564 35 21 Total interest and rents due and accrued 23 Market value not including interest inlteml4 of 6 bonds none and stocks over book value per Sched 427833 17812 ComptkolleeGenekals Report 25 Gross premiums due and un reported on policies in force Dec 31 1914 less reinsurance premiums 15996 03 6628a2 8o 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 138306 28 689397 66 27 Totals 154302 31 1352 250 51 28 Deduct loading 27796 48 la64 29 Net amount of uncollected 1M ao 7i 62 and deferred premiums 126505 83 1196245 79 1322751 62 77200487 91 35 Gross assets Deduct Assets Not Admitted 42 Overdue and accrued interest on bonds in default 8822 43 Book value of ledger assets over market value viz Book value of special de posits in excess of corresponding liabili l42il 28 ties 233093 23 76967394 63 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st dayof Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz American experience table at 3 per cent on all participating business and upon all policies with surrender values based upon this reserve 5236199 00 Same for reversionary additions American Experience table at 3 per cent on all policies not included in section 2 Net present value of annuities including those in reduction of premiums 161724 00 60782488 00ComptrollerGenerals Eeport 813 Emory McClintoek s table of mortality among annuitants with 3 per cent interest 7969o6 00 1 66977367 00 6 Deduct net value of risks of this company reinsured in other solvent companies 1339130 00 7 Extra reserve for total and permanent dis ability benefits 75lg5 00 8 Net reserve D 65713422 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company less reinsurance reserve of 1328300 4190904 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de mndf 23322 00 IZ Claims for death losses in process of ad justment or adjusted and not due 8477 00 13 Claims for death losses reported for which no proofs have been received 177 077 71 14 Reserve for net death losses incurred but reported 75000 00 15 Claims for matured endowments due and unPaid 17905 80 16 Claims for death losses and other policy claims resisted by the company 4 000 00 19 Total policy claims 282460 51 20 Due and unpaid on supplementary contracts not involv ing life contingencies 3 322 50 22 Premiums paid in advance including surrender values so aPPlied 64152 22 23 Unearned interest and rent paid in advance 248 067 44 25 Commissions to agents due or accrued 514 17 27 Salaries rents office expenses bills and accounts due or accrued 25373 00 28 Medical examiners fees 974600 and legal fees 1 14800 due or accrued 10 894 00 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 252873 00 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums g 004 05 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether 814 ComptrollerGenerals Eeport contingent upon the payment of renewal premiums or otherwise 59614 90 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 2219 18 36 Amounts set apart apportioned provisionally ascertain ed calculated declared or held awaiting apportion ment upon deferred dividend policies not included in item 35 201931 00 37 Reserve special or surplus funds not included above Additional for pro rata paid up insurance values 5000 00 Additional for deferred reversionary and misc annuity contracts 15000 00 Special contingency reserve 25000 00 Mortality fluctuation fund 60000 00 War risk fund 6000 00 41 All other liabilities Premiums paid in advance on risks which have not been accepted by the company 1106 2 47 Unassigned funds surplus 16214 64 48 Total 76967394 63 Business in the State of Georgia During 1914 No Amount 17 PoHcies on the lives of citizens of said State in force Dec 31 of previous year 1654 5076202 00 18 Policies on the lives of citizens of said State issued during the year 153 417588 00 19 Total 1807 5493790 00 20 Deduct ceased to be in force during the year 92 263505 00 21 Policies in force Dec 31 1914 1715 5230285 00 22 Losses and claims unpaid Dec 31 of previous year 1 i000 00 23 Losses and claims incurred during year 13 72771 47 24 Total 14 7377147 25 Losses and claims settled during the year in cash 13 71715 63 Saved by adjustment 55 84 26 Losses and claims unpaid Dec 31 1914 1 2000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 139876 48ComptrollerGenerals Report 815 UNION CENTEAI LIPE INSURANCE COMPANY OP CINCINNATI O Jesse B Clarke President pAnr T T H Don a ge L ttliliams Secretary 1 H Darnel Attorney for Service ICapital Stock 1 Amount of capital paid up Incash 500000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 93619515 73 4i Extended at 95619515 73 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 2245170 for first years reinsurance lnofi 6 Surrender values applied to pay first years premiums 2689 95 7 Total first years premiums on original policies s tv 178326118 8 Dividends applied to purchase paid up additions and annuities 386 m sg 9 Surrender values applied to purchase paid up insurance and annuities58 771 43 10 Consideration for original annuities involv ing life contingencies 15 253 15 12 Total new premiums 13 Benewal premiums in additiontoitems 14 16 and 17 without deduction for commissions or other expenses less 13987545 for reinsurance on renewals 9386 857 60 14 Dividends applied to pay renewal prem iums 1fl o 1788080 43 16 Surrender values applied to pay renewal PremiumS 107779 58 18 Total renewal premiums nooo 19 For additional accidental death benefit includedinlife policies 5331 03 20 Total premium income 77777771 13531504 29 816 ComptrollerGenerals Eeport 21 Consideration for supplementary contracts not involving life contingencies 110903 8 22 Dividends left with the company to accumulate at inter 3104 79 est 24 Gross interest on mortgage loans per Schedule B less 23485766 accrued in terest on mortgages acquired during 1914 4739171 90 26 Gross interest on bonds and dividends on stocks 500 00 27 Gross interest on premium notes policy loans or liens 1036505 33 28 Gross interest on deposits in trust com panies and banks per Schedule E 21214 09 29 Gross interest on other debts due the com pany 36118 32 Gross discount on claims paid in advance 2426 19 33 Gross rent from companys property in cluding 15269625 for companys occu pancy of its own buildings per Sched ule A 313304 48 34 Total gross interest and rents 6113483 17 35 From other sources Proceeds of policies left with company to accumulate at interest 74418 72 Profit and loss compromise and adjustment of mortgage loans 43744 67 Profit and loss rent of H O No 1 not in Schedule A 2500 00 120663 39 41 From agents balances previously charged off 29004 66 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 409 22 mo 19913073 32 44 Total income IIIDisbursements 1 For death claims less 15650000 reinsur ance 312396900 additions 4039924 3164368 24 2 For matured endowments less 150000 reinsurance 57831808 additions 3546940 613787 48ComptrollerGenerals Report 817 2 For matured life rate endowments re serve 105436328 surplus 1 232 24855 2286611 83 4 Net amounts paid for losses and matured endowments o For annuities involving life contingencies 6 Premium notes and liens voided by lapse less 3457444 restorations 7 Surrender values paid in cash or appliedinliquidation of loans or notes 8 Surrender values applied to pay new prems see Income No 6 268995 to pay renewal premiums see In come No 16 107779 58 9 Surrender values applied to purchase paidupinsurance and annuities see Income No 9 10 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 11 Dividends applied to pay renewal premiums see Income No 14 13 Dividends applied to purchase paid up additions and an nuities see Income No 8 14 Dividends left with the eompanyto accumulate at in terest see Income No 22 6064767 55 24251 31 96296 50 i2499670 07 110469 53 58771 43 276619 69 1788080 43 386169 89 3104 79 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 surrender ed during the year 19 Paid stockholders for interest or dividends 20 Commissions to agents less commission on reinsurance First years premiums 73878897 renewal premiums 70128698 annuities original 45759 21 Commuted renewal commissions 22 Compensation of managers and agents not paid by com missions for services in obtaining new insurance 23 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 9001500 inspection of risks 865732 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 15269625 for companys occupancy of its own buildings 24 25 11308201 19 321 92 102290 51 355 17 50000 0O 1440533 54 7650 00 7207 50 40419 95 68612 41 98672 32 493371 17 197283 38818 ComptbollebGenebals Eepobt 28 Advertising 4332720 printing and stationery 47 13404 postage telegraph telephone and express 26 46492 exchange 1398 116930 14 29 Legal expense not included in item 16 21515 90 30 Furniture fixtures and safes 40021 58 31 Repairs and expenses other than taxes on real estate 11765 86 32 Taxes on real estate 43189 88 33 Stats taxes on premiums 221407 20 34 Insurance department licenses and fees 16081 88 35 All other licenses fees and taxes Legal publications etc 6086 28 Federal sorporation tax 1204873 Hamilton Co local 722098 war tax 25198 19521 69 Cinti Chamber of Commerce and Merchants Exchange interest 4079600 bonus 750000 46 00 Mortgage expense expense of maintaining mortgage in vestments 83939 82 Mortgage loan expense of making new investments 254897 26 39 Other disbursements Genl exp H O 1880564 trav exp H O 1664820 35453 84 Profit and loss 1913 expense entry to adjust 1913 build 190 222 31 ing account lsi Profit and loss int on Cinti Chamber of Commerce con tract to 123113 2039800 Bonus 1150000 31648 00 Profit and loss gross loss on mortgage loans 2547 80 Profit and loss expense on real estate 8824 89 Interest on policy claims 11795 88 Policy deposits and interest thereon withdrawn 23738 61 46 Agents balances charged off 848 82 47 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 547 25 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 50310 25 49 Total disbursements 15160420 20 IVLedger Assets 1 Book value of real estate less 600000 in cumbrances per Schedule A 3468140 05 2 Mortgage loans on real estate per Sched ule B first liens 76798531 74 4 Loans made to policyholders on this com panys policies assigned as collateral 17455857 11 5 Premium notes on policies in force of which 50528348 is for first years premiums 2306434 73ComptrollerGenerals Eeport 6Bookvalueofbods 7 Cash in companys office 2Tm ffl 8 Deposits n trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 289830 96 819 701 05 12 Total ledger assets as per balance item 50 NonLedger Assets 13 Interest due 9925029 and accrued 2 78380283 on mortgages per Sched B 2883053 12 14 Interest accrued on bonds per Schedule D part 1 1R T 125 00 16 Interest due 8415555 and accrued 65 80605 on premium notes 484595 52 on 20 P0li7l0MB 634557 12 Rents due on companys property or lease 1132 58 100372168 85 21 Total interest and rents due and accrued 4 24 Due from other companies for losses or claims onpolicies o this company reinsured 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re fl P insu Premiums mm u 2b Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 3518867 82 2537 50 27 Total 28 Deduct loading 126653 87 788743 21 157748 65 29 Net amount of uncollected and deferred premiums 630994 56 35 Gross assets 104524568 73 Deduct Assets Not Admitted 1564 39 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 Book value of real estate over market value 351821 55 Book value of bonds over market value 7I8 75 46 Admitted assets 104170464 04820 CompteolleeGtenekals Eepoet VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on issue of 1900 and prior years 34217849 00 2 American experience table at 3 per cent on issues of 1901 and subsequent years 47264579 00 Same for reversionary additions 2435502 00 5 Net present value of annuities including those in reduction of premiums Actuaries 4 per cent issues of 1900 and prior years 67425 00 McClintock s 3V2 per cent issues of 1901 and subsequent years 165477 00 Total 84150832 00 6 Deduct net value of risks of this company reinsured in other solvent companies 523795 00 83627037 00 7 Extra reserve for total and permanent dis ability benefits 2891 00 83629928 00 8 Net reserve v 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 980856 00 12 Claims for death losses in process of ad justment or adjusted and not due 22585 17 13 Claims for death losses reported for which no proofs have been received 143222 66 14 Reserve for net death losses incurred but unreported 75000 00 15 Claims for matured endowments due and unpaid 9800 16 Claims for death losses and other policy claims resisted by the company 11000 00 19 Total policy claims 259805 83 21 Dividends left with the company to accumulate at inter est and accrued interest thereon 4148 76 29 Premiums paid in advance including surrender values so applied 87f050 23 Unearned interest and rent paid in advance 55297 62ComptkollerGeneral s Eeport 821 24 Commissions due to agents on premium notes when paid 320103 45 26 Cost of collection on uncolleeted and deferred prem iums in excess of the loading thereon 5 573 07 27 Salaries rents office expenses bills and accounts due or accrued 6351 25 28 Medical examiners fees 7 ggg qq 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 225 953 73 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 162510 27 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 2579172 74 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 1077413 00 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 35 9080133 00 37 Reserve special or surplus funds not included above Deposits for abstracts temporarily loaned 283653 interest received on loans contracted for 1915 27 73547 principal payments received on loans contract ed for 1915 275000 commissions received by the company on loans contracted for 1915 173725 35059 25 41 All other liabilities Due upon individual accounts 8 701 58 Proceeds of policies left with company at interest and accrued interest thereon 70 405 Qg Surplus interest accrued in excess of contract rate allow ed in connection with items No 9 88388 No 21 5740 No 42 80950 1 750 78 Surplus derived from nonparticipating policies 1 819 723 33 46 Capital stock 500000 00 47 Unassigned funds surplus derived from participating policies 3251698 83 48 Total104170464 04 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 7899 17197079 00822 CompteollebGtenebals Kepobt 18 Policies on the lives of citizens of said State issued during the year 994 2906719 00 19 Total 8893 20103798 00 20 Deduct ceased to be in force during the year 509 1440983 00 21 Policies in force December 31 1914 8324 18662815 00 23 Losses and claims incurred during year 64 194616 t8 25 Losses and claims settled during the year in cash 19313935 by compromise 47743 63 193616 78 26 Losses and claims unpaid December 31 1914 1 1000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 471872 07 UNITED LIFE AND ACCIDENT INSURANCE COMPANY OF CONCORD N H Clarence E Carr President Allen Hollis Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 310000 00 2 Amount of ledger assets as per balance July 1 of current year 438351 45 3 Increase of capital during the year 60000 00 4 Extended at 498351 45 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 9630 84 7 Total first years premiums on original policies 9630 84 12 Total new premiums 9630 84ComptrollerGenerals Beport 19 Extra premiums for total disability benefits 1410 00 and for additional accidental death benefits 38160 included in life policies 20 Total premium income 24 Gross interest on mortgage loans per Schedule B less 45256 accrued interest on mortgages acquired during 1914 26 Gross interest on bonds and dividends on stocks ress 149952 accrued interest on bonds acquired during 1914 per Schedule D 33 Gross rent from companys property 3244 03 3516 7ft 750 00 34 Total gToss interest and rents 35 From other sources Premium received on sale of stock represented by in crease of capital Deposit on account pending insurance 43 Gross increase by adjustment in book valueof ledger assets viz Mortgages adjusted to par value 44 Total income 823 1791 60 11422 44 7510 73 44067 48 6 13 2132 Oft 65138 78 IIIDisbursements 20 Commissions to agents less commission on reinsurance First years premiums 24 Branch office expenses including salaries of managers and clerks not included in item 22 25 Medical examiners fees 90800 inspection of risks 3500 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent including 75000 for companys occupancy of its own buildings 28 Advertising 9173 printing and stationery 280200 postage telegraph telephone and express 39907 ex change 1875 30 Furniture fixtures and safes 31 Repairs and expenses other than taxes on real estate 32 Taxes on real estate 34 Insurance department licenses and fees 35 All other licenses fees and taxes Revenue stamps 4472 State corporation tax 169500 1441 70 1282 60 943 00 8507 50 750 00 4y201 55 956 12 379 58 180 03 688 CO 1739 72824 CompthollebGenekals Report 39 Other disbursements Premiums on fidelity bonds Insurance premium on office furniture 49 Total disbursements IVLedger Assets 1 Book value of real estate per Schedule A 17054 40 2 Mortgage loans on real estate per Schedule B first liens 157600 00 5 Premium notes on policies in force 6r 04 6 Book value of bonds 36119 7 Cash in companys office 8 Deposits in trust companies und banks not on interest per Schedule E 10 Agents balances debit 152 21 12 Total ledger assets as per balance Item 50 NonLedger Assets 13 Interest accrued on mortgages per Sched ule B 14 Interest accrued on bonds per Schedule D part 1 2824 36 5421 63 21 Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 26 Gross deferred premiums on policies in force December 31 1914 less reinsur ance premiums 18 27 Total 28 Deduct loading 1804 49 757 89 29 Net amount of uncollected and deferred premiums 30 All other assets Assets covering partial paid subscriptions to stock 85 00 13 67 21168 47 542321 76 8245 99 1945 60 1742 81 1046 60 61513 23 35 Gross assets 616815 99CompteollehGeneeal s Eepoet Deduct Assets Not Admitted 38 Agents debit balances gross 152 21 46 Admitted assets 825 152 21 616663 78 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 2 American experience table at 3 per cent on modified preliminary term 2 847 00 7 Extra reserve for total disability benefits 70500 and for additional accidental death benefits 21000 in cluded in life policies 915 0Q 8 Net reserve 3762 0Q 25 Commissions to agents due or accrued 376 14 28 Medical examiners fees 40 00 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 400 qq 41 All other liabilities Deposits on account of pending insurance 6 13 Liability for partial paid subscriptions to stock 61 513 23 66097 50 46 Capital stock 310000 00 47 Unassigned funds surplus 240 566 28 48 Total 616663 78826 ComptrollerGenerals Eepoet UNITED STATES ANNUITY AND LIFE INSURANCE COMPANY OF CHICAGO ILL Henry A Salzer President William T Smith 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 Dec 31 of previous year 1062904 27 1062904 27 4 Extended at v IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 49512 for first years reinsurance 88736 39 7 Total first years premiums on original policies 8873639 8 Dividends applied to purchase paid up ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 2951 30 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 7 45043 for reinsurance on renewals 273944 19 14 Dividends applied to pay renewal prem iums 25105 35 18 Total renewal premiums 20 Total premium income l 22 Dividends left with the company to accumulate at interest 24 Gross interest on mortgage loans per Schedule B less 16182 accrued interest on mortgages acquired during 1914 161 82 5 Gross interest on collateral loans per ScheduleC 7200 00 91716 34 299049 54 390765 88 1950 28iHllMHHI ComptbollebGeneeal s Repobt notes policy 26 Gross interest on bonds and dividends on stocks less 889 accrued interest on bonds acquired during 1914 per Sched ule D 27 Gross interest on premium loans or liens 28 Gross interest on deposits in trust com panies and banks per Schedule E 29 Gross interest on other debts due the com pany Agents balances and miscellane ous items 33 Gross rent from companys property 31343 62 8608 04 719 66 2957 20 323 00 34 Total gross interest and rents 35 From other sources IT S Annuity and Life Trust Notes payable Excess cash value Suspense cr balance Dec 31 1914 42 Gross profit on sale or maturity of ledgerassets viz Seal estate per Schedule A 44 Total income HIDisbursements 1 For death claims 4 6 7 39515 52 10 11 13 14 Net amounts paid for losses and matured endowments Premium notes and liens voided by lapse Surrender values paid in cash or applied inliquidation of loans or notes Surrender values applied to purchase excess cash Surrender values applied to purchase paid up insurance and annuities see Income No 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes Dividends applied to pay renewal premiums see Income No 14 Dividends applied to purchase paid up additions and an nuities see Income No 8 Dividends left with the company to accumulateat inter est see Income No 22 15 Total paid policyholders t 16 Expense of investigation and settlement of policy chums 18 Dividends and interest thereon held on deposit surrender ed during the year 827 69651 70 4839 78 46020 67 1108 00 252 43 15000 00 529588 74 39515 52 5091 33 16123 00 1108 00 2951 30 446 51 25105 35 28 65 1950 28 92319 94 3295 46 337 55g28 ComptrollerGenerals Eeport 90 Commissions to agents less commission on reinsurance First years premiums 4533275 renewal premiums 39 417 65 25 Medical examiners fees 1152350 inspection of risks 248358 26 Salaries and all other compensation of officers directors trustees and home office employees 27 Rent 28 Advertising 99605 printing and stationery lo30bo postage telephone and express 261345 exchange 26186 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 departments licenses and fees Personal tax 35 All other licenses fees and taxes Federal corporation tax Federal stamp tax Municipal fees etc 39 Other disbursements Payments in connection with sale of securities Miscellaneous expense Investment expense Suspense cr bal Dec 31 1913 49 Total disbursements IVLedger Assets 1 Book value of real estate per Schedule A 4120 65 2 Mortgage loans on real estate per Sched uleB 156600 00 3 Real estate trust certificates 89o000 00 4 Loans made to policyholders on this com panys policies assigned as collateral 154578 80 5 Premium notes on policies in force tfiuo aa 6 Book value of bonds 99 40 7 Cash in companys office 27 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 82207 50 10 Agents balances credit 4292 84 12 Total ledger assets as per balance item 50 84750 40 14007 D8 23699 23 2600 00 5402 01 3331 64 100 95 242 82 340 14 5257 58 3269 64 26600 00 266 00 104 02 47 34 1305 10 14800 00 1355 63 5963 14 766 81 263562 49 1328930 52 ComptrollerGenerals Report NonLedger Assets 13 Interest due 15000 and accrued 4 20862 on mortgages per Schedule B 4358 62 14 Interest accrued on bonds per Schedule D Part 2 163 53 18 Certificate of deposit 193 rj 21 Total interest and rents due and accrued 22 Market value of real estate over book value per Sched ule A 25 Gross premiums due and unreported on policies in force Dec 81 1914 less re insurance premiums 29493 90 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 16974 95 27 Total 28 Deduct loading 46468 85 9223 34 29 Net amount of uncollected and deferred premiums 35 Gross assets 829 4715 86 55000 00 37245 51 1425891 89 Deduct Assets Not Admitted 39 Reserve against funds in LaSalle St Trust and Savings Bank 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 IT S Annuity Life Trust certificates Bonds 20060 95 1731 46 50000 00 235 40 46 Admitted assets 1353864 08 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz830 ComptrollerGenerals Eepoet 1 Actuaries table at 4 per cent on policies issued in 1906 and 1907 284258 00 2 American experience table at 31 per cent on policies issued since Dec 31 1907 609494 00 Total 893752 00 6 Deduct net value of risks of this company reinsured in other solvent companies 5646 00 t x 888106 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 1108 00 12 Claims for death losses in process of ad justment or adjusted and not due 5552 00 16 Claims for death losses and other policy claims resisted by the company 308 80 19 Total policy claims 5860 80 21 Dividends left with the company to accumulate at in terest and accrued interest thereon 726 48 99 Premiums paid in advance including surrender values so r 721 26 applied 23 Unearned interest and rent paid in advance 4250 91 24 Commissions due to agents on premium notes when paid 3555 93 27 Salaries rents office expenses bills and accounts due or 418 94 accrued 28 Medical examiners fees 172850 and legal fees 41939 due or accrued 2147 89 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 5241 15 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 3266 54 34 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise 25353 98 36 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in Item 35 7553 43 41 All other liabilities Suspense 22 43 IT S Annuity and Life Trust 4839 78 Notes payable and accrued interest 47275 20ComptrollerGenerals Eeport 831 46 Capital stock 7 TT 300000 00 47 Unassigned funds surplus 46 185 30 48 Total 1353864 08 Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 48i 657 00 18 Poheies on the lives of citizens of said State issued dur i9Toingthevear 1114090 00 20 Deduct ceased to be in force during the year 323 321 00 21 Policies in force Dec 31 1914 791369 00 23 Losses and claims incurred during year 1 000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 21 921 93 VOLUNTEER STATE LIFE INSURANCE COMPANY OF CHATTANOOGA TENN Z C Patten President w a stacj Secretary A S Caldwell Attorney for Service ICapital Stock 1 Amount of capital paid up in eash 100000 00 2 Amount of ledger assets as per balance Dec 31 of previous year 1600349 76 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 603175 for first years reinsurance 99 790 89 7 Total first years premiums on original I0icies 99790 89832 ComptrollerGenerals Report Dividends applied to purchase paid up ad ditions and annuities 815 42 100606 31 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 15 53457 for reinsurance on renewals 500098 40 14 Dividends applied to pay renewal prem 14735 51 lums 514833 91 18 Total renewal premiums v 615440 22 20 Total premium income 24 Gross interest on mortgage loans per Schedule B less 70350 accrued interest on mortgages acquired during 1914 55940 1 25 Gross interest on collateral loans per a v a i n 3812 06 Schedule C 26 Gross interest on bonds and dividends on stocks less 102548 accrued interest on bonds acquired during 1914 per Sched uleD 1294748 27 Gross interest on premium notes policy loans or liens 28892 83 28 Gross interest on deposits in trust com panies and banks per Schedule E 1668 54 29 Gross interest on other debts due the com pany Interest miscellaneous 1923 01 Commissions on mortgage loans M 34 Total gross interest and rents 109809 65 35 From other sources Worthless prem notes previously written off 77 00 Gain from unpaid checks 157 71 Mortgage loan expense credit Premiums pending increase 41 From agents balances previously charged off 42 Gross profi on sale or maturity of ledger assets viz Bonds per Schedule D m 729132 03 44 Total income IllDisbursements 1 For death claims less 1700000 reinsur ance 113507 00 For additions 90 00 ComptrollerGenerals Eeport 833 2 For matured endowments nm 3 t oi total and permanent disability claims 53 58 4 Net amounts paid for losses and matured endowments 117 460 58 5 For annuities involving life contingencies fJi Jt 6 Premium notes and liens voided by apse o Z T Surrender values paid in cash or applied in liquidation of loans or notes 10 Dividends paid for policyholders in cash or applied in liquidation of loans or notes sr 11 Dividends applied to pay renewal premiums see Income yo 14 12 Premium reduction coupon paid f 11 13 Dividends applied to purchase paid up additions andan nuities see Income No 8 815 42 15 Total paid policyholders 2132r83 16 Expense of investigation and settlement of policy claims 933 68 17 Paid for claims on supplementary contracts not involv ing life contingencies 20 Commissions to agents less commission on reinsurance First years premiums 6078616 renewal premiums 23648 66 21 Commuted renewal commissions A 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 2 553 07 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 7 889 ls 24 Branch office expenses including salaries of managers and clerks not included in item 22 12 461 54 25 Medical examiners fees 1014585 inspectionof risks 325570 9fi c 1340155 26 Salaries and all other compensation of officers directors trustees and home office employees 34 365 49 27 Rent including 283400 for companys occupancyofits own buildings 2 834 00 28 Advertising 241067 printing and stationery 435866 postage telegraph telephone and express 2530 58 exchange 13625 M Legal expense not included in item 16 72 53 30 Furniture fixtures and safes 736 94 31 Repairs H O furniture 114 3 33 State taxes on premiums 9 T 6007 14 34 insurance department licenses and fees 1 990 50 35 All other licenses fees and taxes Taxes on assets 94 Licenses cities etc 315 54834 ComptrollerGeneeals Keport 39 Other disbursements Trav exp H O 46172 inc exp H O 62539 Office sup 31503 ins books and papers 42895 Actuary 60000 ins asso dues 41746 Lights 10481 sundry 36231 46 Agents balances charged off 47 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 48 Gross decrease by adjustment in book value of ledger assets viz Decrease in liabilities 49 Total disbursements 1087 11 743 98 1017 46 467 12 3633 77 4 08 320 85 402111 60 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 117050269 other than first liens 131400 3 Loans secured by pledge of bonds stocks or other collateral per Schedule C 4 Loans made to policyholders on this com panys policies assigned as collateral 5 Premium notes on policies in force 6 Cost value of bonds 7 Cash in companys office 8 Deposits in trust companies and banks not on interest per Schedule E 9 Deposits in trust companies and banks on interest per Schedule E 10 Bills receivable 170182 agents balances debit 283303 credit 81339 1171816 69 1000 00 450918 23 40120 86 186423 15 200 00 12210 59 60959 21 3721 46 12 Total ledger assets as per balance Item 50 1927370 19 NonLedger Assets 13 Interest due 27000 and accrued 36 75099 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 15 Interest accrued on collateral loans per Schedule C part 1 16 Interest accrued on premium notes 37020 99 1030 20 28 50 773 75 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force Dec 31 1914 less re insurance premiums 38853 44 49369 08ComptrollerGenerals Kepor 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 15108 33 27 Total 28 Deduct loading 64477 41 7639 52 29 Net amount of nncollected and deferred premiums 35 Gross assets 835 56837 89 2023061 52 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 46 Admitted assets 2833 03 1701 82 1504 13 2017022 54 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dec 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on prior to Apr 1st 1912 1571097 oo 2 American experience table at 3 per cent on since Apr 1st 1912 149858 00 Same for reversionary additions 2580 00 4 Other tables and rates viz 18058 00 5 Net present value of annuities including those in reduction of premiums 73 00 Total 1741666 00 6 Deduct net value of risks of this com pany reinsured in other solvent cos 16466 00 7 Extra reserve for total and permanent dis ability benefits i ggo g7 8 Net reserve 70R fift e a r 126850 67 9 1 resent value of amounts not yet due on supplementary836 ComptbolleeGenebals Eepoet contracts not involving life contingencies computed 0006 U by the company 13 Claims for death losses reported for which no proofs have been received 5000 00 16 Claims for death losses and other policy claims resisted by the company 6000 00 11000 00 22 Premiums paid in advance including surrender values so 571 97 aPplied 12179 99 23 Unearned interest 24 Commissions due to agents on premium notes when paid b 27 Salaries rents office expenses bills and accounts due or 400 UU accrued n 1 b3 00 28 Medical examiners fees 29 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of 7500 00 this statement 33 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 35 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1915 19597 63 37 Eeserve special or surplus funds not included above Contingent fund 41 All other liabilities j 7A 15 Premiums pending Prem reduction coupon unpaid ioo 000 00 46 Capital stock 90530 18 47 XJnassigned funds surplus 2017022 54 48 Total Business in the State of Georgia During 1914 17 Policies on the lives of citizens of said State in force Dec 31 of previous year 14Z8 4ioi uu 18 Policies on the lives of citizens of said State issued during the year 20 396191 00 1698 2833710 00 19 Total v m 20 Deduct ceased to be in force during the year 343 595o r 51 1Q14 1355 2238139 00 21 Policies in force Dec 31 1914ComptrollerGeneral s E 23 Losses and claims incurred during year 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses EPORT 12 837 17988 00 64353 45 MISCELLANEOUS COMPANIES JETNA ACCIDENT AND LIABILITY INSURANCE COMPANY OF HARTFORD CONN M G Bulkeley President J S Eowe 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 ilIncome 3042862 57 1 Gross premiums written and renewed during the year per lines 2 9 16 and 23 VI page 6 Accident 2 138 09 health 15000 liability 48991636 work men compensation 513238 fidelity 13124434 Surety 63639399 plate glass 18316691 burglary and theft 30528737 sprinkler 16363111 fly wheel 707461 auto and teams prop dam 10687598 totals 2 Deduct reinsurance Accident 23713 liability 30214281 workmens com pensation 136916 fidelity 1539990 suretv 6748874 burglary and theft 1810074 sprinkler 2635361 fly wheel 75474 auto and teams prop lam 893874 totals Deduct return premiums on policies can celled Accident 38244 health 6250 liability 4743921 workmens compen sation 45546 fidelity 1068225 surety 4531059 plate glass 730463 burglary and theft 1578479 sprink ler 1263666 fly wheel 82917 auto ll teams prop dam 14881698 totals 2992895 15 140785 3 289704 68ComptrollerGenerals Report 839 4 Deduct premiums on policies not taken Accident 18000 liability 10433275 workmens compensation 133486 fi delity 657638 surety 6007622 plate glass 3503770 burglary and theft 5212027 sprinkler 4892442 fly wheel 190898 auto and teams prop dam 22233603 totals 532827 61 5 Total deductions Accident 79957 health 6250 liability 45391477 workmens compensation 3 15948 Fidelity 3265853 surety 17287555 plate glass 4234233 burglary and theft 8600580 sprinkler 8791469 fly wheel 349289 auto and teams prop dam 38009175 totals 1263 317 86 6 Net premiums Accident 133852 health 8750 liabil ity 3600159 workmens compensation 197290 fidel ity 9858581 surety 46351844 plate glass140 82458 burglary and theft 21928157 sprinkler 75 71642 fly wheel 358172 auto and teams prop dam 68866824 totals 2g dS Gross interest on mortgage loans per Schedule B 90 in 33419 6o 24 Gross interest on collateral loans per Schedule C 6j642 J5 Gross interest on bonds and dividends on stocks less 10428 accrued interest on bonds acquired during 1914 per Sched ule D 1144 72 ib Gross interest on deposits in trust com panies and banks per Schedule N 4 012 70 27 Gross interest from all other sources On surety collateral deposits unclaimed 5 02 On notes account bills receivable 1 141 13 New York excise reinsurance fund 51 70 31 Total gross interest and rents n6 4 y 4g 61 1rom agents balances previously charged off 30 19 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D pr 40 Total income 184649 97 TilDisbursements 1 Gross amount paid for losses Liability 8143154 workmens compensation 31550 fidelity 3447052 840 ComptrollerGenerals Eeport surety 32701327 plate glass 5702200 burglary and theft 5855978 sprinkler 3744443 auto and teams property damage 25441127 totals 2 Deduct reinsurance Liability 7471567 workmens compsn 12169 surety 12280059 plate glass 16872 burg lary and theft 108606 sprinkler 967331 auto and teams property dam age 2925 total 3 Deduct salvage Schedule H Fidelity 2 12389 surety 3766003 plate glass 51047 burglary and theft 76470 sprinkler 99201 auto and teams prop erty damage 212821 totals 208595 44179 31 4 Total deduction Liability 7471567 workmen s com pensation 12169 fidelity 212389 surety 160 460 62 plate glass 07919 burglary and theft 1 85076 sprinkler 1066532 auto and teams property damage 215746 total 850668 31 252774 60 5 Net amount paid policyholders for losses Liability 6 71 87 workmens compsn 19381 fidelity 32 346 63 surety 16655265 plate glass 5634281 burglary and theft 5670902 sprinkler 2677911 auto and teams property damage 25225381 totals 18 Investigation and adjustment of claims viz Liability 15409 fidelity 239038 surety 260048 plate glass 250 burglary and theft 312161 sprinkler 9310 auto and teams property damage 1392415 24 Commissions or brokerage less amount received on re tin premium and reinsurance for the following lasses Accident 28148 health 2726 liability 33 12140 cr workmens compensation 0038 or fidelity 2469303 surety 11341989 plate glass 4269645 burglary and theft 5428084 sprinkler 138185 fly wheel 07878 auto and teams property damage 10202210 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 597893 71 23132 31 379336 0o 117009 32 167432 35 12146 66 17869 49 20191 91 11008 79ComptrollerGenerals Report 841 38 All other licenses fees and taxes Federal corporation tax 1 721 45 Municipal and county 220 53 apital stock tax 2oo00 00 Internal revenue 070 nfi T 24315 84 43 Legal expenses 143g 4 44 Advertising 0 107v 85 45 Printing and stationery Tj J 33595 84 4b Postage telegraph telephone and express 25 045 09 47 Furniture and fixtures 9044 1Q 48 Stockholders for interest or dividends amount declared during the year 10000000 100 00 0Q 49 Other disbursements Sundry expense 8 134 61 Investment expense g 237 54 Agents balances charged off 13g 6g 57 Total disbursements 3560745 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 705981 25 3 Loans secured by pledge of bonds stocks or other col laterals per Schedule C 195 450 00 4 Book value of bonds 110011359 and stocks 60138440 per Schedule D 1701497 99 5 Cash m company s office 915 14 6 Deposit in trust companies and banks not on interest per Schedule N 149393 5g 7 Deposits in trust companies and banks on interest per Schedle N 186075 84 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 26470 li ability 5442817 workmens compen sation 23281 fidelity 1316423 surety 6751147 plate glass 29 51913 burglary and theft 5298145 sprinkler 2085540 fly wheel 2 59395 auto and teams prop dam 10161264 totals 343163 95 On policies or renewals issued prior to October 1 1914 Accident 500 liabil ity 19365 workmens compensation 3233 fidelity 161463 surety 14 842 ComptrollerGenerals Eeport 00827 plate glass 95390 burglary and theft 93853 sprinkler 96516 fly wheel 12016 auto and teams prop dam 629444 total 25126 07 25 Total 26 Bills receivable and suspense accounts 27 Other ledger assets viz Advance traveling expense Advance commissions Equity in funds of the N Y Excise Reins Assn 368290 02 7686 36 371 70 1150 13 11454 85 31 Ledger assets as per balance Item 5 NonLedger Assets 32 Interest accrued on mortgages per Sched 58 3328266 87 ule B 33 Interest accrued on bonds per Schedule D part 1 34 Interest accrued on collateral loans per Schedule C part 1 35 Interesl accrued on other assets Bank balances 40 Market value not including interest in item 33 of bonds and stocks over book value per Schedule D 19464 27 15056 24 4055 000 285 36 60157 01 44 Gross assets 3427281 75 Deduct Assets Not Admitted 46 Bills receivable and suspense accounts 50 Premiums in course of collection written prior to Oct 1 1914 53 Book value of ledger assets over market value viz Advance traveling expense Advame commissions 7686 36 25121 07 371 70 1150 13 34334 26 58 Admitted assets 3392050 I VLiabilities 2 Losses and claims reported or in process of adjustment fidelity 3270644 surety 10532685 plate glass 2ComptrollerGenerals Beport 72054 burglary and theft 731450 sprinkler 2 943o2 auto and teams property damage 45190 15 total 3 Losses and claims incurred but not reported Plate glass 156729 burglary and theft 59800 sprinkler 1 26979 auto and teams property damage 927869 total 4 Losses and claims resisted Fidelity 1500000burglary and theft 380000 auto and teams property damage 1617724 total 5 Total losses and claims Fidelity 4770644 surety 10532685 plate glass 428783 burglary and theft 1171250 auto and teams property damage 70 64608 sprinkler 421331 total 6 Deduct reinsurance per Schedule F Surety 5000000 Burglary and theft 150000 sprinkler 80858 total 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and ad justment Fidelity 4770644 surety 5532685 plate glass 428783 burglary and theft 10212 50 sprinkler 340473 auto and teams property dam age 7064608 total 17 Special reserve for unpaid liability and workmens com pensation losses 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Fidelity 238532 surety 2766 34 plate glass 21439 burglary and theft 51063 sprinkler 17024 auto and teams property damage 353230 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1 54866163 unearned premiums fifty per cent 781 48629 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 22791875 unearned premiums pro rata 13468329 29 Commissions brokerage and other charges due or tobe come due to agents or brokers on policies issued on or after Oct 1 1914 viz Accident 7597 liability 1208305 workmens compensation 3143 fidelity 339004 surety 1768800 plate glass 888526 burglary and theft 1419903 sprinkler 477589 fly wheel 67443 auto and teams property damage 23 16768 843 196202 00 12713 77 34977 24 243893 01 52308 58 191584 43 2615 90 194200 33 9579 22 781486 23 134683 29 S4970 78844 ComptrollerGenerals Eepoet 34 Salaries rents expenses bills accounts fees etc due or 3406 34 accrued 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement ioc 40882 21 40 Reinsurance 41 Advance premiums one hundred per cent Investment expense acct mortgage loans i721 x 28500 00 Capital stock tax 51 Total amount of all liabilities except capital 1307065 15 52 Capital actually paid up in cash 1000000 00 53 Surplus over all liabilities 1085885 34 54 Surplus as regards policyholders 20s 3 30 950 49 55 Total liabilities oi Business in the State of Georgia During 1914 Gross premiums less return premiums on risks written or renewed during the year Accident 3290 liability 61321 fidelity 144398 surety 326950 plate glass 87357 burglary and theft 133699 sprinkler 173 54 auto and teams property damage 2302019 I 29537 36 total Gross losses paid Liability 9644 fidelity 353800 surety 237 plate glass 56025 burglary and theft S31365 sprinkler 25951 auto and teams property Oi B9ft 1 J damage 1902792 total AMERICAN CASUALTY COMPANY OF READING PA E P VanRoel President Harvey II Shoma Secretary T B Marbury Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 330500 00 Amount of ledger assets as per balance December 31 of 597491 13 previous year 3 Increase of paidup capital during the year 5o00 602991 13bmi ComptrollerGenerals Eeport 845 1481 31 IIIncome Gross premiums written and renewed during the year Ac cident and health 24001174 liability 194 61 98 plate glass 6073537 steam boiler 4239 65 burg lary and theft 1898208 auto and teams prop dam o704503 totals Deduct reinsurance Accident and health 141669 burglary and theft 6462 totals Deduct return premiums on policies can celled Accident and health 128550 liability 539575 plate glass 1169 70 steam boiler 5686 burglary and theft 67540 auto and teams prop dam 297137 totals Deduct premium on policies not taken Accident and health 2577054 liabil ity 2370403 plate glass 1246588 steam boiler 49925 burglary and theft 311502 auto and teams prop dam 1238984 totals 77944 56 505626 85 11554 58 5 Total deductions Accident and health 2847273 lia bility 2909978 plate glass 1363558 steam boiler 55611 burglary and theft 385504 auto and teams prop dam 1536121 totals 6 Xet premiums Accident and health 21153901 liability 9551320 plate glass 4709979 steam boiler 3 68354 burglary and theft 1512704 auto and teams prop dam 4168382 totals 23 Gross interest on mortgage loans per Sehed uIe B 8778 84 25 Gross interest on bonds and dividends on stocks less 27014 accrued interest on bonds acquired during 1914 per Sched e D 12691 51 26 Gross interest on deposits in trust compan ies and banks per Schedule X 600 83 30 Gross rents from companys property 1678 50 31 Total gross interest and rents 32 From other sources Commission on bonding business Paid in by stockholders 37 From agents balances previously charged off 40 Total income 90980 45 414646 40 23749 68 699 33 4125 00 265 30 443485 71846 ComptrollerGenerals Eeport IIIDisbursements Gross amount paid for losses Accident and health 108 69267 liability 2413364 plate glass 2486261 steam boiler 12435 burglary and theft 487023 auto and teams property damage 1834640 totals 4 Deduct reinsurance 181029 90 255 35 5 Net amount paid policyholders for losses Accident and health 10843732 liability 2413364 plate glass 2486261 steam boiler 12435 burglary and theft 487023 auto and teams property damage 18346 40 totals 180774 55 18 Investigation and adjustment of claims viz Accident and health 80014 liability 505634 5856 48 21 Burglary and theft 256 58 22 Auto and teams property damage 1874 86 24 Commissions on brokerage less amount received on re turn premiums and reinsurance for the following classes Accident and health 5971755 liability 2292811 plate glass 1644071 steam boiler 59538 burglary and theft 440585 auto and teams property dam age 1025064 totals 114338 24 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 27752 00 30 Salaries traveling and all other expenses of agents not paid by commissions lo4o 16 31 Medical examiners fees and salaries 486 35 32 Inspection other than medical and claim 2181 58 33Bente 4369 00 34 Repairs and expenses other than taxes on real estate 939 94 35 Taxes on real estate 550 35 36 State taxes on premiums 41 3 37 Insurance department licenses and fees 1723 15 38 All other licenses fees and taxes Federal corporation tax 36o 09 Revenue stamps 7t 9 43 Legal expenses 44 Advertising printing and stationery 6324 56 46 Postage telegraph telephone and express 3071 68 47 Furniture and fixtures ij161 56 48 Stockholders for interest or dividends amount declared during the year 26000 00 49 Other disbursements Sundry expense 71 4 Subscriptions 709 50 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 160 81ComptrollerGeneral s Eeport 56 Gross decrease by adjustment in book value of ledger as sets viz Bonds per Schedule D 57 Total disbursements 847 106 69 401550 92 IVLedger Assets 1 Book value of real estate per Schedule A 50 000 00 2 Mortgage loans on real estate per Schedule B 183 140 00 4 Book value of bonds per Schedule D 285961 38 5 Cash in company a office 1931 g8 7 Deposits in trust companies and banks on interest per Schedule N R7 o r 60li0 84 8 Premiums m course of collection viz On policies or renewals issued on or after October 1 1914 Accident and health 1672131 liability 1480073 plate glass 927539 steam boiler 35300 burglary and theft 298817 auto and teams prop dam 846564 totals 52604 24 On policies or renewals issued prior to Oct 1 1914 Accident and health 1254 74 liability 82903 plate glass 707 40 steam boiler 9500 burglary and theft 6473 auto and teams prop dam 20583 totals 3156 73 al 5576097 Jo Bills receivable i i i D1J 0 31 Ledger assets as per balance Item 58 644925 92 NonLedger Assets 32 Interest due 7338 and accrued 4391 05 on mortgages per Schedule B 4464 43 33 Interest due 25443 and accrued 2082 72 on bonds per Schedule D Part 1 2337 15 38 Rents due 18250 and accrued 11350 on company a property or lease 296 00 40 Market value not including interest in Item 33 of bonds and stocks over book value per Schedule D 1252 06 44 Gross assets ggg m 5Q848 ComptbollebGtenerals Kepoet Deduct Assets Not Admitted 46 Bills receivable 50 Premiums in course of collection written prior to October i 1913 58 Admitted assets 511 15 3156 73 649607 68 VLiabilities 2 Losses and claims reported or in process of adjustment Accident and health 636552 plate glass 259998 burglary and theft 112311 auto and teams property damage 197636 totals 5 Total losses and claims Accident and health 636552 plate glass 259998 burglary and theft 112311 auto and teams property damage 197636 totals 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and adjust ment Accident and health 636552 plate glass 2 59998 burglary and theft 112311 auto and teams property damage 197636 totals 17 Special reserve for unpaid liability and workmens com pensation losses i 20 Total unpaid elaims s 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 26113530 un earned premiums fifty per cent 130567 6o 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 1310748 un earned premiums pro rata 6733 82 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident and health 5 91249 liability 387252 plate glass 322012 steam boiler 9497 burglary and theft 92524 auto and teams property damage 236276 total 34 Salaries rents expenses bills accounts fees etc due or accrued 12064 97 12064 97 12064 97 56541 07 68606 04 137301 47 16388 10 563 99ComptrollerGeneral s Keport 849 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement t 79o4 48 40 Reinsurance 41 Advance premiums one hundred per cent 98 08 51 Total amount of all liabilities except capital 231 260 20 52 Capital actually paid up in cash 330500 00 53 Surplus over all liabilities 87847 48 54 Surplus as regards policyholders 418347 48 55 Total liabilities 649607 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident and health 503234 liability 164987 plate glass 192464 burglary and theft 14427 auto and teams property damage 559 I5 t0tals 9310 87 Oross losses paid Accident and health 147921 liability 42309 plate glass 126567 burglary and theft 2900 auto and teams property damage 12275 to tals 3319 72 AMERICAN CREDIT INDEMNITY COMPANY OF NEW YORK CITY E M Treat President Jog R Qrosgj Seeretary 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 1472081 64 IIIncome 1 Gross premiums written and renewed during the year 4 741398 33 1 Deduct reinsurance Credit 7 264 13 3 Deduct return premiums on policies can celled Credit 25 gpn nj 850 ComptrollerGeneral s Report 15640 00 4 Deduct premium on policies not taken Credit 5 Total deductions Credit 6 Net premiums 25 Gross interest on bonds and dividends on stocks less 31833 accrued interest on bonds acquired during 1914 per Sched ule D i 26 Gross interest on deposits in trust compan ies and banks per Schedule N 27 Gross interest from all other sources Premium notes Bills receivable 31 Total gross interest and rents 40 Total income 57572 50 648 83 2649 96 70 77 38724 702673 43 60942 06 763615 49 IIIDisbursements 1 Gross amount paid for losses Credit 3 Deduct salvage Schedule H 363303 14 26864 89 5 Net amount paid policyholders for losses Credit 18 Investigation and adjustment of claims viz Credit 24 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 di rectors 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 38 All other licenses fees and taxes Federal corporation tax State and municipal licenses State county and municipal taxes Internal Tevenue stampsdocumentary Legal expenses Advertising Printing and stationery Postage telegraph telephone and express 48 Stockholders for interest or dividends amount declared during the year 336438 25 14030 87 172078 82 52242 94 25039 73 9106 39 12458 92 1894 57 325 49 1616 50 2671 49 675 21 4749 44 16812 613 3309 28 4997 78 28000 00ComptbolleeGeneeals Repobt 851 49 Other disbursements Exchange Misc expense 51 26 Traveling expense i ii Zll Mercantile agencies JJfJ JJ 54 Agents balances charged off covering a period ofover six years J 29 810 QQ 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 56 Gross decrease by adjustment in bookvalueof ledgeV as sets viz Old premium notes balances uncollectible covering a period of over six years 24 683 04 57 Total disbursements1to124 08 IVLedger Assets 4 Book value of bonds 91443589 and stocks 389504 54 5 CflrSehedlIeD 1303940 43 5 Cash in companys office g Deposits in trust companies and banks on interest per Schedule N 9R rn 43751 67 26 Bills receivable 27 Other ledger assets viz 1069 20 Furniture and fixtures 45 831 31 Premium notes A 6o877 84 Agents balances dr 1714692 cr 366319 13483 73 31 Ledger assets as per balance Item 58 1483573 05 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 12 312 09 35 Interest accrued on premium notes 341 69 44 Gross assets 1496226 8 Deduct Assets Not Admitted 46 Bills receivable mavaon Arr t 1069 20 47 Furniture and fixtures 45 831 31 48 Agents balances 17H6 92 49 Premium notes past due A 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 10 486 84 53 Book value of ledger assets over market value viz Bonds Stocks f 25364 54 58 Admitted assets Te852 ComptrollerGenerals Report VLiabilities 2 Losses and claims reported or in process of adjustment Credit on policies expiring prior to October 1914 43198 00 4 Losses and claims resisted Credit on policies expiring prior to October 1914 19900 00 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and ad iustment Credit on policies expiring prior to October J1914 63098 00 18 Special reserve for credit losses on policies expiring in Oc tober November and December 1914 being fifty per cent of 20716422 gross premiums received on said pol icies less 607534 paid during said months on losses j r 97506 Ti under said policies 19 Special reserve for accrued losses on credit policies in force December 31 1914 being fifty per cent of 331 88532 earned premiums on said policies 165942 66 26 Gross premiums less reinsurance upon all unexpired risks running one vear or less from date of policy 675927 50 unearned premiums pro rata 34404218 344042 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 1914 viz Credit h 8 34 Salaries rents expenses bills accounts fees etc due or n 2500 00 accrued estimated 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of L 4 11095 38 this statement 41 Advance premiums 100 per cent 4570 8 42 Other liabilities viz Guarantees to policyholders 000 00 Voluntary contingent reserve 25000 00 52 Capital actually paid up in cash 350000 00 53 Surplus over ail liabilities 204039 27 55 Total liabilities WW 9i Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re Dewed during the year credit 10730 50 Gross losses paid Credit 246t 2ComptrollerGenerals E EPORT 853 AMERICAN LIFE AND ACCIDENT INSURANCE COMPANY OF SALISBURY MISSOURI Joe V Ingram Presid eAnt J K Moore Secretary G A Moms 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 vear 131o62 93 IIIncome 1 Gross premiums written and renewed during the year Accident and health 3 Deduct return premiums on policies cancelled Accident and health 158596 61 236 68 6 Xet premiums Accident and health ihqoq a Policy fees required or represented by applications 28 46 00 23 Gross interest on mortgage loans per Schedule B less 1250 accrued interest on mortgages acquired during 1914 0 6475 82 Gross interest on bonds and dividends Is on stocks 40 Total income HIDisbursements 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 Accident and health 29 Salaries fees and all other compensation of officers direc tors trustees and homo 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 arid claim 33 Rents 36 State taxes on premiums 37 Insurance department licenses and fees 193268 50 63829 08 11 30 28246 10 71515 91 8203 01 10815 02 138 25 14 00 2038 75 1855 53 009 68 854 ComptrollerGenerals Report 38 All other licenses fees and taxes Miscellaneous taxes and fees Municipal license 250 00 43 Legal expenses j i 43 50 44 Advertising 3 x rtO 45 Printing and stationery dJ 46 Postage telegraph telephone and express 1858 63 47 Furniture and fixtures 48 Stockholders for interest or dividends 6000 0O 49 Other disbursements v j 251 60 Surety bonds Miscellaneous expense 56 Salary branch office 458 75 Officers traveling expense 30 57 Total disbursements 201085 15 IVLedger Assets 2 Mortgage loans on real estate per Schedule B 110200 00 4 Book value of bonds 100 00 5 Cash in companys office 175 8fi 6 Deposit in trust companies and banks not on interest per a v J l tvt 3355 42 Schedule JN 8 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1914 Accident and u u 5915 00 health 31 Ledger assets as per balance Item 58 123746 28 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 2095 91 41 Other nonledger assets viz Furniture and fixtures 2500 00 Supplies and stationery 2000 00 44 Gross assets 2 19 Deduct Assets Not Admitted 47 Furniture and fixtures 2500 00 48 Supplies printed matter and stationery 200 00 58 Admitted assets 125842 19ComptrollerGenerals Report 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 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 5 67539 unearned premiums fifty per cent 2837 69 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident and health 30 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 53 Surplus over all liabilities 55 Total liabilities 855 1312 00 368 00 1680 00 2837 69 1774 50 2550 00 695 19 9537 38 100000 00 16304 81 125842 19 AMERICAN NATIONAL INSURANCE COMPANY OF GALVESTON TEX W L Moody Jr President L H Collier Secretary W A Oliver Attorney for Service 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 2425227 83 4 Extended at 2425227 83 IIIncome 5 First years premiums on original policies without deduction for commissions or 856 ComptrollerGenerals Beport other expenses less 649587 for first years reinsurance 239loo 10 7 Total first years premiums on original policies 239156 15 8 Dividends applied to purchase paid up ad ditions and annuities 5160 2 9 Surrender values applied to purchase paid up insurance and annuities 6012 10 12 Total new premiums 2o0328 97 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 6 50154 for reinsurance on renewals 1357081 S 14 Coupons applied to pay renewal prem iums 834 94 16 Surrender values applied to pay renewal premiums 184 o i 18 Total renewal premiums J 30aui a 19 Extra premiums for total and permanent disability bene fits 443358 and for additional accidental death bene fits 569427 included in life policies 10127 85 20 Total premium income 1619658 11 22 Coupons left with the company to accumulate at interest 2802 29 24 Gross interest on mortgage loans per Schedule B less S1855 accrued interest on mortgages acquired dur 91204 32 ing 1914 26 Gross interest on bonds and dividends on stocks less 47778 accrued interest on bonds acquired during 1914 per Sched ule D 171122 27 Gross interest on premium notes policy loans or liens 15158 36 28 Gross interest on deposits in trust com panies and banks per Schedule E 555 60 33 Gross rent from companys property in cluding 1080000 for companys occu pancy of its own buildings per Sched ule A 41424 49 34 Total gross interest and rents 165456 99 35 From other sources Bond Premiums 120 21 Agents cash bonds received Printing Dept net receipts 431 95ComptrollerGeneral s Report 857 41 From agents balances previously charged off 259 12 42 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A i 333 48 Stocks per Schedule D 550 qq 43 Gross increase by adjustment in book value of ledger assets viz From accident stmt 472 068 52 44 Total income 2267473 52 IIIDisbursements 1 For death claims 44017006 additions 18000 440350 06 2 For matured endowments 442 00 9 10 11 12 13 14 Net amounts paid for losses and matured endowmentsi For annuities involving life contingencies Premium notes and liens voided by lapse less 7182 re storations Surrender values paid in cash or applied in liquidation of loans or notes Surrender values applied to pay renewal premiums see Income No 16 Surrender values applied to purchase paid up insurance and annuities see Income No 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes Coupons applied to pay renewal premiums see Income No 14 Advisory board and special inspectors compensation Dividends applied to purchase paid up additions and an nuities see Income No 8 Coupons left with the company to accumulate at interest see Income No 22 440792 06 4225 00 518 43 42765 62 1284 57 6012 10 457 23 834 94 10934 52 5160 72 2802 29 15 Total paid policyholders 515 787 43 16 Expense of investigation and settlement of policy claims including 305770 for legal expense 3156 57 18 Coupons and interest thereon held on deposit surrendered during the year 245 98 19 Paid stockholders for interest or dividends 25000 00 20 Commissions to agents less commission on reinsurance First years premiums 18157809 renewal premiums 16891866 350496 75 22 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 12594 50858 ComptrollerGenerals Eeport 23 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 21733 15 24 Branch office expenses including salaries of managers and clerks not included in item 22 190140 11 25 Medical examiners fees 6107769 inspection of risks 567338 66751 07 26 Salaries and all other compensation of officers directors trustees and home office employees S3 5S0 29 27 Rent including 960000 for companys occupancy of it own buildings 37367 63 28 Advertising 1163672 printing and stationery 18 47719 postage telegraph telephone and express 11 46650 exchange 23220 41S12 61 29 Legal expense not included in item 16 3977 25 30 Furniture fixtures and safes 7464 13 31 Repairs and expenses other than taxes on real estate 20116 20 32 Taxes on real estate 6848 62 33 State taxes on premiums 11362 53 34 Insurance department licenses and fees 5278 30 35 All other licenses fees and taxes Federal corporation tax 901 57 Municipal in various states 2088 18 39 Other disbursements Agents cash bonds returned 100 00 Petty office expense Ill 88 Investment expense 5130 31 Interest paid on Cuban bonds 999 96 Interest paid on agents cash bonds 8 00 Examination 46370 bank deposit charged off 9463 558 33 46 Agents balances charged off 22329 05 48 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 27450 29 From accident stmt 342979 50 49 Total disbursements 1800376 24 IVLedger Assets 1 Book value of real estate per Schedule A 810478 80 2 Mortgage loans on real estate per Sched ule B 1273477 67 4 Loans made to polieyholders on this com panys policies assigned as collateral 326657 64 5 Premium notes on policies in force 1147 20 6 Book value of bonds 23627037 and stocks 7639454 per Schedule D 31 2664 91 7 Cash in companys office 25 00 ComptbollebGeneeal s Kepoet 8 Deposits in trust companies and banks not on interest per Schedule B 122 141 86 JO Agents balances debit 3463647 credit 135 net 3463512 34635 12 Printing plant 5096 91 859 12 Total ledger assets as per balance Item 50 NonLedger Assets 2886325 11 13 Interest due 725479 and accrued 57 947 71 on mortgages per Schedule B 14 Interest accrued on bonds per Schedule D part 1 16 Interest accrued on premium notes policy loans or liens 20 Bents due 262625 and accrued 112500 on companys property or lease 65202 50 3820 65 1460 90 3751 25 21 Total interest and rents due and accrued 23 Market value not including interest in Item 14 of bonds and stocks over book value per Schedule D 24 Due from other companies for losses or claims on policies of this company reinsured 25 Gross premiums due and unreported on policies in foTce Dec 31 1914 less re insurance premiums 61 843 54 26 Gross deferred premiums on policies in force Dec 31 1914 less reinsurance premiums 29017 09 27 Total 28 Deduct loading 90860 63 20720 95 29 Net amount of uncollected and deferred premiums 30 All other assets Bank deposits in transmission to home office From accident statement 74235 30 19053 46 96 10 70139 68 13479 74 10940 64 35 Gross assets 3074270 03 Deduct Assets Not Admitted 38 Agents debit balances gross 34636 47 41 Premium notes and loans on policies and net premiums in Item 29 in excess of the net value of their policies 3889 30860 ComptrollerGenerals Eeport 43 Book value of ledger assets over market value viz Real estate S81 25 46 Admitted assets 3034S63 01 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of Dee 1914 as computed by the company on the following tables of mortality and rates of interest viz 1 American experience table at 3 per cent on full level prem 446639 00 2 American experience table at 3 per cent on one year term 161202 00 3 American experience table at 3 per cent on one year term 322703 00 4 Other tables and rates viz American experience 31 per cent modified on Illinois standard 331980 00 American experience 3 per cent on paid up policies 41854 00 American experience 31 per cent on paid up and est ins include add 6867 00 American experience 3 per cent on termi nal reserves on Mo prem bas 15599 00 American experience 3 per cent New York Rule industrial 732808 00 Net present value of annuities ineludiiig those in reduction of premiums American experience 3 per cent 26107 00 Total 2085759 00 6 Deduct net value of risks of this company reinsured in other solvent companies 7532 00 7 Extra reserve for total and permanent dis ability benefits 510900 and for addi tional accidental death benefits 5 04600 included in life policies 10155 00 8 Net reserve 2088382 00 12 Claims for death losses in process of ad justment or adjusted and not due 7225 00 13 Claims for death losses reported for which no proofs have been received 6000 00ComptrollerGeneral s Eeport 16 Claims for death losses and other policy claims resisted by the company 6127 00 19 21 22 23 28 29 33 34 41 46 47 Total policy claims t Coupons 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 Medical examiners fees Estimated amount hereafter payable for federal state and other taxes based on the business of the year of this statement Dividends or other profits due polieyholders including those contingent on payment of outstanding and de ferred premiums Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1915 whether contingent upon the payment of renewal premiums or otherwise All other liabilities Agents cash bonds From accident statement Capital stock TTnassigned funds surplus 861 19352 00 5526 43 2796 49 6845 41 5022 57 6000 00 9103 82 49747 72 1017 85 29893 79 250000 00 561174 93 48 Total 3034863 01 17 18 19 20 Business in the State of Georgia During 1914 Policies on the lives of citizens of said State in force Dee 31 of previous year 7199718 00 Policies on the lives of citizens of said state issued dur ing the year 2090842 00 Total 9290560 00 Deduct ceased to be in force during the year 3103673 50 21 Policies in force Dec 31 1914 6186 887 50 22 23 24 Losses and claims unpaid Dec 31 of previous year Losses and claims incurred during year 4400 00 97255 61 Total 101655 61 Losses and claims settled during the year in cash 100655 61862 ComptrollerGenerals Report 26 Losses and claims unpaid Dec 31 1914 1000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 234091 07 AMERICAN SURETY COMPANY OF NEW YORK F V Lafrentz President Win A Brandt Sec and Treas Marion M Jackson 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 9646690 49 IIIncome 1 Gross premiums written and renewed during the year Fidelity 190539360 surety 349803185 total 5403425 45 2 Deduct reinsurance Fidelity 5821962 surety 30230066 total 360520 28 3 Deduct return premiums on policies can celled Fidelity 18343078 surety 62481933 total 808250 11 4 Deduct premium on policies not taken Fidelity 9927922 surety 8091975 totals 180198 97 5 Total deductions Fidelity 34092962 surety 1008 039 74 total 1348969 36 6 Net premiums Fidelity 156446398 surety 2489 99211 total 4054456 09 23 Gross interest on mortgage loans per Schedule B 1644 04 24 Gross interest on collateral loans per Schedule 2083 79 25 Gross interest on bonds and dividends on stocks less 39695 accrued interest on bonds acquired during 1914 per Sched ule D 212228 48 26 Gross interest on deposits in trust com panies and banks per Schedule X 12277 04 27 Gross interest from all other sources Past due rents 21 00ComptrollerGeneral s Eeport 863 Past due premiums 19407 salvage debts 508647 discount on real estate taxes paid in advance 62828 5 929 82 30 Gross rents from companys property in cluding 5948667 for companys occu pancy of its own buildings 274637 31 31 Total gross interest and rents 508 800 48 32 From other sources Unpaid reinsurance Dec 31 1914 69260 65 Unpaid reinsurance Dec 31 1913 22616 38 46644 27 Advance premiums Dec 31 1914 43101 76 Advance premiums Dec 31 1913 35499 90 7601 86 Federal income tax retained Dec 31 1914 960 00 Federal income tax returned Dec 31 1913 83 33 876 67 Checks of other parties in process of col lection Dec 31 1914 i2792 36 Checks of other parties in process of col lection Dec 31 1913 1712 94 1079 42 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 2 148 63 Stocks per Schedule D 3qq qq 40 Total income 14267597 91 IIIDisbursements 1 Gross amount paid for losses Fidelity 51241490 surety 97279860 total 1485213 50 2 Deduct reinsurance Fidelity 1466625 surety 2558208 total 40248 33 3 Deduct salvage Fidelity 12601265 surety 46230059 total 588313 24 4 Total deducting Fidelity 140678 90 surety 487 88267 total 628561 57 5 Net amount paid policyholders for losses Fidelity 371 73600 surety 48491593 total 856651 93864 ComptrolleeGtenebals Report 18 Investigation and adjustment of claims viz Fidelity 3290145 surety 7881801 111720 06 24 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Fidelity 26449212 surety 49861648 763108 60 29 Salaries fees and all other compensation of officers directors trustees and home office employees 406401 98 30 Salaries traveling and all other expenses of agents not paid by commissions 905031 95 32 Inspection other than medical and claim 16146 69 33 Rents including 5948667 for companys occupancy of its own buildings 46487 50 34 Repairs and expenses other than taxes on real estate 158225 79 35 Taxes on real estate 75708 65 36 State taxes on premiums 51993 51 37 Insurance department licenses and fees 21434 55 38 All other licenses fees and taxes Federal corporation tax 1678 32 Municipal taxes 4057 59 Internal revenue taxes 856 23 43 Legal expenses 5705 46 44 Advertising 10533 99 45 Printing and stationery 29059 89 46 Postage telegraph telephone and express 42831 47 47 Furniture and fixtures 13522 10 48 Stockholders foT interest or dividends amount declared during the year 50000000 500000 00 49 Other disbursements Decrease in lia for accounts payable 3634 14 Reference and guide books 121599 traveling expen ses 1268112 references 41687 14313 98 Law library 53650 petty expenses 410670 stock registration 25000 special examination 777785 12671 05 Surety association expenses 289392 Towner rating bureau 250000 collection fees 124016 insurance 12215 6756 23 Investment expenses taxes on investments 1400 bro kerage on investments 25000 264 00 55 Gross loss on sale or maturity of ledger assets viz Ronds per Schedule D 4792 00 56 Gross decrease by adjustment in book value of ledger assets viz Real estate per Schedule A 313952 09 Ponds per Schedule T 320269 17 Stocks per Schedule I 349709 13 57 Total disbursements 5047518 05ComptbollebGenebals Eepobt 865 IVLedger Assets 1 Book value of real estate per Schedule A 3166047 91 2 Mortgage loans on real estate per Schedule B first liens 29509 33 3 Loans secured by pledge of bonds stocks or other col laterals per Schedule C 56 231 05 4 Book value of bonds 161147311 and stocks 249536950 per Schedule D 4106843 21 5 Cash in companys office i 144 89 6 Deposit in trust companies and banks not on interest per Schedule N 25675g 31 7 Deposits m trust companies and banks on interest per Schedule N 546j469 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Fidelity 16661497 surety 32508754 total 491702 51 On policies or renewals issued prior to Oct 1 1914 Fidelity 7511283 surety 39852900 total 473641 83 fTtal 965344 34 27 Other ledger assets viz Salvage recoverable g2 734 05 NonLedger Assets 32 Interest accrued on mortgages per Sched ue B 107 20 33 Interest accrued on bonds per Schedule D Part l 19248 73 36 Salvage recoverable as appraised by New York insurance dept 61 419 04 38 Rents due 1224411 and accrued 64750 on companys property or lease 12891 61 39 Appraised value of real estate over book value per Schedule A 248 952 09 44 Gross assets 9562698 53 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to Oct 1 1914 less reinsurance only payable when and if collected 42 93361 430708 22 866 CompteollekGeneeals Report 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule Georgia and Porto Rico not considered 262741 40 58 Admitted assets 8869248 91 VLiabilities 2 Losses and claims reported or in process of adjustment Fidelity 15081983 surety 721132 total 158031 15 3 Losses and claims incurred but not reported Fidelity 21450964 surety 27621934 total 490728 98 4 Losses and claims resisted Fidelity 8244111 surety 147561 18 total 230002 29 5 Total losses and claims Fidelity 44777058 surety 43099184 total 878762 42 6 Deduct reinsurance Fidelity 732893 surety 1517L86 total 22500 79 7 Net unpaid claims except liability and workmen a comp claims excluding expenses of investigation and ad justment Fidelity 44044165 surety 41581998 856261 63 21 Estimated expenses of investigation of adjustment of un paid 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 347595928 unearned premiums 50 per cent 1737 97928 8320506 unearned premiums 75 per cent 6240380 17582831 unearned premiums 100 per per cent 17582831 1976211 75 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 51661716 unearned premiums pro rata 27640031 276400 31 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Fidelity 2858958 surety 5784482 86434 40 34 Salaries rents expenses bills accounts fees etc due or accrued 12500 00 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 61620 33 40 Reinsurance 69260 65 41 Advance premiums one hundred per cent 43101 76ComptrollerGenerals Report 867 42 Other liabilities viz Checks of other parties in process of collection o 7o2 qfi Keserve for contingent expenses p Federal income tax retained 1 you oo 51 Total amount of all liabilities except capital 3 435 543 lq 52 Capital actually paid up in cash 5000ooo 00 53 Surplus over all liabilities 433 705 72 54 Surplus as regards policyholders 5 433 705 72 55 Total liabilities I 8869248 91 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renewed during the year Fidelity 2140452 surety 1949857 r Gross losses paid Fidelity 359163 surety211462 5J6 25 CASUALTY COMPANY OF AMERICA OF NEW YORK CITY N Y Edwin W DeLeon President John s JenkinS Arch M Conway Attorney for Service 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 2820001 9S IIIncome 1 Gross premiums written and renewed during the year Accident 33759709 health 11971133 liability 2 38917924 workmens compensation 1552 179 44 fi delity 6228381 surety 14171514 plate glass 16987910 steam boiler 25225 burglary and theft 11174467 industrial 9570181 auto and teams prop dam 13229562 workmens collective 53 691 9 nJV0tal 5166223 81 4 Deduct reinsurance Accident 3593608 health 1131525 liability 1497755 workmens compensation 26899 fidel ity 686620 surety 1576378 plate glass 6607 burglary and theft 11 67421 total 968e8 n868 CompteollebGeneeals Repoet 3 Deduct return premiums on policies cancel led Accident 640075 health 2091 19 liability 42709747 workmens compensation 12870046 fidelity 4 35406 surety 416758 plate glass 240433 steam boiler 152758 burg lary and theft 519382 fly wheel 30 88 auto and teams prop dam 8649 75 workmens collective 98719 total 591605 06 4 Deduct premium on policies not taken Ac cident 7561713 health 3146804 li ability 55026083 workmen s compen sation 30645401 fidelity 298828 surety 1687191 plate glass 36532 56 steam boiler 16468 burglary and theft 1524341 fly wheel 1100 auto and teams prop dam 2711134 work men s collective 1162861 total 1074357 80 5 Total deductions Accident 11795396 health 44874 48 liability 99233585 workmens compensation 43542346 fidelity 1420854 surety 3680327 plate glass 3900296 steam boiler 169226 burglary and theft 3211144 fly wheel 4188 auto and teams prop dam 3576109 workmens collective 1261580 total 1762824 99 6 Net premiums Accident 21964313 health 7483685 liability 139684339 workmens comp 111674898 fidelity 4807527 surety 10491187 plate glass 13087614 steam boiler 144001 burglary and theft 7963323 industrial 9570181 fly wheel 4188 auto and teams pro dam 9653453 workmens col lective 4107551 total 3403398 82 21 Policy fees required or represented by applications 100 00 23 Gross interest on mortgage loans per Schedule B less 460583 accrued inter est on mortgages acquired during 1914 931 1 63 25 Gross interest on bonds and dividends on stocks per Schedule D 76346 06 26 Gross interest on deposits in trust compan ies and banks per Schedule N 5040 66 31 Total gross interest and rents 90698 35 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1333 62 Stocks per Schedule D 594 92ComptrollerGenerals Eeport 39 Gross increase by adjustment in book value of ledger a sets viz Stocks per Schedule D 40 Total inc 869 327866 36 3823992 07 IIIDisbursements 1 Gross amount paid for losses Accident 18072538 lia bility 89499582 workmens compensation 183719 15 fidelity 316856 surety 2155302 plate glass 4721917 steam boiler 87500 burglary and theft 3869348 industrial 5042345 auto and teams property damage 2926035 workmens collective 31 2 J8767 148242105 2 Deduct reinsurance Accident 3717480 liability 31101 surety 92500 burg lary and theft 580443 total 44215 24 3 Deduct salvage Schedule H Fidelity 45400 surety 1813968 total 18593 68 4 Total deduction Accident 3717480 liabilitv 31101 fidelity 45400 surety 1906468 burglary and theft 580443 total g2 5 Net amount paid policyholders for losses Accident 143 55058 liability 89468481 workmens compensation 18371915 fidelity 271456 surety 248834 plate glass 4721917 steam boiler 87500 burglary and theft 3288905 industrial 5042345 auto teams prop dam 2926035 workmens coll 3178767 total lfi T 141961213 18 Investigation and adjustment of claims viz Accident 1916967 liability 22400143 workmen s compensa tion 16214131 fidelity 48300 surety 22728 plate glass 535218 steam boiler 15567 burglary and theft 402297 industrial 580388 auto and teams property damage 447555 425832 94 23 Policy fees retained by agents 100 00 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes 4c eident 11304348 liability 35781183 workmens compensation 11963420 fidelity 1274157 surety 2136250 plate glass 3920120 steam boilerj 5157 burglary and theft 2429205 industrial 29006 54 contingent 670192 fly wheel 974 auto and teams property damage 1593510 workmens collective 7 60697 74727605 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 191 75 16 870 ComptrollerGenerals Report 30 Salaries traveling and all other expenses of agents not paid by commissions 10817 85 31 Medical examiners fees and salaries 3999 96 32 Inspection other than medical and claim 39405 72 33 Eents 31997 90 36 State taxes on premiums 49762 51 37 Insurance department licenses and fees 4029 27 38 All other licenses fees and taxes Miscellaneous licenses and fees 946 83 Directors fees 2150 00 Legal expenses 2629 65 Advertising 2495 41 Printing and stationery 14471 00 Postage telegraph telephone and express 13541 15 Furniture and fixtures 8715 17 48 Stockholders for interest or dividends amount declared during the year 45000 00 49 Other disbursements General expense 37660 44 Traveling expenses 15644 01 54 Agents balances charged off profit and loss 6563 80 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 31717 19 Stocks per Schedule D 1251 50 56 Gross decrease by adjustment in book value of ledger as sets viz Bonds per Schedule D 70635 37 Stocks per Schedule D 50026 82 57 Total disbursements 3227557 84 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 293000 00 4 Book value of bonds 72650253 and stocks 81352400 per Schedule D 1540026 53 5 Cash in companys office 19874 55 6 Deposit in trust companies and banks not on interest per Schedule X 55307 10 7 Deposits in trust companies and banks on interest per Schedule X 530958 16 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 6659330 liability 13765527 workmens com pensation 552867 57 fidelity 1288 606139 81ComptrollerGenerals Eeport 871 34 surety 3767713 p glass 33357 55 stm blr 118843 burg theft 1916972 industrial 27477 fly wheel 3774 auto and teams property damage 1254643 workmens eollect ive 37355 total 859356 30 On policies or renewals issued prior to Oc tober 1 1914 Accident 889851 li ability 69771 workmens compensa tion 1712670 fidelity 203859 sure ty 1147052 plate glass 139164 burglary and theft 90027 auto and teams prop dam 1325 59 total 43849 53 25 Total 9fi rh u 903205 83 B IS eeevable 4 3 1 Other ledger assets viz Equity and excise reinsurance fund 16 556 78 Workmens compensation reinsurance bur V 40133 73 Collateral loan 1883 42 btate workmens comp comm deposit 10000 00 Workmen a comp rating board i326 68 69900 61 31 Ledger assets as per balance Item 58 3416436 21 NonLedger Assets 32 Interest accrued on mortgages per Sehed tUlef 4605 83 W interest accrued on bonds per Schedule D Part 1 p 33422 59 tS 1802842 41 Other nonledger assets viz Reinsurance losses due from other companies 19 172 97 44 Gross assets 3453637 60 Deduct Assets Not Admitted 46 Bills receivable 4 163 4o 50 Premiums in course of collection written prior to October 1 1914 43 849 53872 CoMPTBOLLEBGrENEBAls RepOET 53 Book value of ledger assets over market value viz Losses due from nonadmit ted companies 5134 06 53147 02 58 Admitted assets 3400490 58 VLiabilities 1 Losses and claims adjusted Accident 189447 health 54440 surety 185860 burglary and theft 1255 55 industrial 34173 total 5894 75 2 Losses and claims reported or in process of adjustment Ac cident 1777450 health 567242 fidelity 4677 41 surety 761250 plate glass 642181 steam boil er 75000 burglary and theft 859095 industrial 63502 auto teams prop dam 764870 work mens collective 377326 total 63556 58 3 Losses and claims incurred but not reported Fidelity 1 37877 burglary and theft 240091 industrial 3 11625 total 6895 93 4 Losses and claims resisted Accident 950000 health 15000 fidelity 14461 burglary and theft 39000 industrial 200 total 10384 61 5 Total losses and claims Accident 2916897 health 6 36682 fidelity 620079 surety 947110 plate glass 642181 steam boiler 75000 burglary and theft 1263742 industrial 429300 auto and teams prop dam 764870 workmens collective 377326 total 86731 87 6 Deduct reinsurance per Schedule E Accident 200427 health 63571 surety 53750 burglary and theft 139077 total 4568 25 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and adjust ment Accident 2716470 health 573111 fidelity 620079 surety 893360 plate glass 642181 steam boiler 75000 burglary and theft 1124665 industrial 429300 auto and teams property damage 764870 workmens collective 3777326 total 82163 62 17 Special reserve for unpaid liability and workmens compen sation losses 991614 40 20 Total unpaid claims 1073778 02 25 Workmens collective etc included above 26 Gross premiums less reinsurance upon all unexpired risks ComptrollerGenerals Report 873 running one year or less from date of policy 1947528 8o unearned premiums fifty per cent 973 764 42 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 15 18443 unearned premiums pro rata 83 736 96 28 Total unearned premiums as shown by recapitulation page 29 Commissions brokerage andother eharges due or to be 10575 come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 2130985 lia bility 2750743 workmen s compensation 82 985 42 fidelity 16233 surety 875993 plate glass 11452 b burglary and theft 517582 industrial 6869 auto and teams property damage 250929 workmens collective 6848 total fi 34 Salaries rents expenses bills accounts feesetcdueor accrued 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 40 Reinsurance due other companies ios54 41 51 Total amount of all liabilities except capital 2 345 679 8Q Capital actually paid p in cash 2Ub79 S9 53 Surplus over all liabilities 304 810 69 54 Surplus as regards policyholders 1 054 810 69 55 Total liabilities 3400490 58 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renewed during the year Accident 1000 health 5250 lia bility 70626 fidelity 2600 surety 500 burglary and theft 1688 auto and teams prop dam 8000 total g 737 88 Gross losses paid Accident 1864 liability 142404 auto and teams property damage 109 total i 443 77874 ComptrollerGenerals Eeport COLUMBIA INSURANCE COMPANY OF NEW YORK N Y Geo F Crane President C E Dean Secretary James L Dickey Jr 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 Dec 31 of previous years 1043602 91 4 Extended at i043602 91 IIIncome 5 Gross premiums per item 2 VI page 6 867450 59 6 Deduct reinsurance premiums marine and inland 33869432 return premiums marine and inland 14931084 488005 16 7 Total net premiums other than perpetual 379440 43 11 Gross interest on bonds and dividends on stocks less 70605 accrued interest on bonds acquired during 1914 per Sched ule D 12 Gross interest on deposits in trust companies and banks per Schedule N 13 Gross interest from all other sources Cash deposit Ontario Ins Dept 35915 83 1244 44 300 00 25 From agents balances previously charged off 28 Total income IIIDisbursements 6469 70 423375 40 1 Gross amount paid policyholders for losses including 4352048 occurring in pre vious years 343o23 91 2 Deduct amount received for salvage ma rine and inland 999699 reinsurance marine and inland 15655459 166551 58 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 176972 33 4912 23 115835 14ComptbolleeGenebals Repoet 875 3 0 Printing and stationery 5015 11 IJ Postage telegrams telephone and expVess 12 Legal expenses 953 00 15 Underwriters boards and tariff associations nr 16 Flre department fire patrol and salvage corps assessment tees taxes and expenses 17 Inspections and surveys 205 58 20 State taxes on premiums 281 00 21 Insurance department licenses and fees 1349 7 22 All other licenses fees and taxes 446 Emergency revenue tax 23 Other disbursements 42 66 Investment expenses 39 Gross loss on sale or maturity of ledger aVseis viVJ iionds per Schedule D 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D m 41 Total disbursements 323939 67 IvLedger Assets 4 Book value of bonds ljmmm 7 Deposits m trust companies and banks on interest per Schedule N 87 515 76 8 Agents balances representing business written subsequent to Oct 1 1914 22 358 41 9 Agafnts balances representing business written prior to Oct 1 1914 10 361 27 0 Bills receivable taken for int on securities 270 00 12 Other ledger assets viz Cash deposit Ontario ins dept 16800 00 16 Total ledger assets as per balance Item 42 1143038 64 NonLedger Assets 18 Interest due and accrued on bonds per Schedule D part 1 12 20 Interest on other assets On Ontario deposit 332 50 24 Total 12297 13 30 Gross assets 1155335 77876 ComptrollerGeneral s Report Deduct Assets Not Admitted 34 Agents balances representing business written prior to Oct 1 1914 10361 27 37 Overdue and accrued interest on bonds in default 270 00 38 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 32523 47 39 Book value of ledger assets over market value viz Schedule D 51797 75 94952 49 42 Total admitted assets 1060383 28 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 290965 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 60452 40 3 Gross claims for losses resisted 4130 00 4 Total 64s2 40 5 Deduct reinsurance due or accrued give list of companies and amounts as per Schedule E 22595 59 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv ed and receivable upon all unexpired long term inland risks 2752126 un earned premiums per recapitulation page 6 col 6 13619 48 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired time hull and cargo risks 34680569 unearned premiums fifty per cent 173432 85 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 130047 un earned premiums 100 per cent 1300 47 41986 81 10 Total unearned premiums as computed above 188352 80ComptrolleeGtenebals Report 877 17 Salaries rents expenses bills accounts fees etc due or wfCCrrf 500 00 18 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement gfiQQ QQ 19 Contingent commissions or other charges due or accrued 6500 00 26 Capital actually paid up in cash 400 000 0Q 27 Surplus over all liabilities 414043 67 29 Total liabilities 1060383 28 VIRisks and Premiums 1 In force on the 31st day of Dec as per line 6 under this heading in last years statement 712 551 55 2 Written or renewed during the year per Income No 5 867450 59 taI 1580002 14 5 Deduct thjjse expired and marked off as terminated 889378 51 6 In force at the end of the year 690 623 63 7 Deduct amount reinsured schedule required 314936 21 8 Net amount in force mm i2 Business in the State of Georgia During 1914 1 Gross risks written mfi35 0Q Less 21862100 risks cancelled and 5830000 reinsurance in companies authorized in Georgia 276 921 00 Net risks written 563714 00 2 Gross premiums on risks written 10 414 33 Less 574238 return premiums and 104174 premiums for reinsurance in companies authorized in Georgia 6 784 12 Net premiums received 9 539 ji 3 Losses paid deducting salvage 9 gl3 24 Less losses on risks reinsured in companies authorized in Georgia 93132 Net losses paid 8681 92 4 Losses incurred 9613 24 Less losses on risks reinsured in companies authorized in Georgia 931 32 Net losses incurred 8 g8 92878 ComptbollebGeneeals Repoet COLUMBIAN NATIONAL LIFE INSURANCE COMPANY OF BOSTON MASS Arthur E Childs President William H Brown Secretary Alfred C Newell Attorney for Service In Life Statement Capital Stock IIIncome 1 Gross premiums written and renewed during the year Ac cident 28854331 health 16725392 total 455797 23 2 Deduct reinsurance Accident 662137 health 335881 total 9980 18 3 Deduct return premiums on policies cancel led Accident 1016856 health 8 44733 total 18615 89 4 Deduct premium on policies not taken Ac cident 7296010 health 34442 93 total 107403 03 5 Total deductions Accident 8975003 health 46249 07 total 6 Net premiums Accident 19879328 health 12100485 total IIIDisbursements 1 Gross amount paid for losses Accident 9574867 health 5596467 total 2 Deduct reinsurance Accident 200526 health 107767 total 3082 93 4 Total deductions Accident 200526 health 107767 total i 135990 10 319798 13 151713 34 3082 93 5 Net amount paid policyholders for losses Accident 93 74341 health 5488700 total 148630 41 18 Investigation and adjustment of claims viz Accident 154377 health 82150 2365 27 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Ac cident 6359332 health 3705685 total 100650 17ComptbollebGeneeal s Repoet 879 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 including 190380 for companys occupancy of its own buildings 36 State taxes on premiums 37 Insurance department licenses and fees 38 All other licenses fees and taxes Federal corporation tax Personal property taxes 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 47 Furniture and fixtures 49 Other disbursements Home office expense 215317 traveling 196057 57 Total disbursements IVLedger Assets Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 3213203 health 1621610 total On policies or renewals issued prior to Oc tober 1 1914 Accident 228008 health 114600 total 48348 13 3426 08 22814 86 7603 62 1610 75 1038 00 3519 05 4229 95 946 39 150 00 13 24 116 30 1206 02 7726 36 2273 87 1146 32 4113 74 310154 32 25 Total 51774 21 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1913 3426 08 VLiabilities 1 Losses and claims adjusted Accident 254379 health 109736 total 2 Losses and claims reported or in process of adjustment Accident 1908547 health 1179690 total 3 Losses and claims incurred but not reported Accident 3 50000 health 3000 total 3641 15 30882 37 6500 00880 ComptbollebGteneeals Bepoet 4 Losses and claims resisted Accident 7200 health 2 195 total 9395 00 5 Total losses and claims Accident 3232926 health 1808926 total 50418 52 6 Deduct reinsurance per Schedule E Accident 21040 health 139763 total 1608 03 7 Net unpaid claims except liability and workmens compen sation claims excluding expenses of investigation and adjustment Accident 3211886 health 1669163 total 48810 49 21 Estimated expenses of investigation and adjustment of un paid claims Accident 700 health 300 1000 00 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 262964 12 unearned premiums 50 per cent 131482 06 29 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1914 viz Accident 1299992 health 6 94996 19949 88 34 Salaries rents expenses bills accounts fees etc due or accrued 276 36 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 4868 48 40 Reinsurance 1871 71 41 Advance premiums one hundred per cent 229 25 51 Total amount of all liabilities except capital 208488 23 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renew ed during the year Accident 766106 health 5 94379 total 13604 85 Gross losses paid Accident 650481 health 240508 to tal 8909 89ComptrollerGenerals Report 881 CONTINENTAL CASUALTY CO HAMMOND IND H G B Alexander President w H Bettgj geere 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 Dec 31 of previous year 2196611 69 IIIncome 1 Gross premiums written and renewed during the year Accident r7nK 270524388 health 85428750 total 3559531 43 i Ueduct reinsurance Accident 2665638 health 54515 total 3 Deduct return premiums on policies can celled Accident 2220060 health 454711 total 4 Deduct premium on policies not taken Accident 50026414 health 102 46374 tota 602727 88 27201 53 26747 71 5 Total deductions Accident 54912112 health 107 55600 total 656677 12 6 Net premiums Accident 215612276 health 746 73155 total 21 Policy fees required or represented by applications 23 Gross interest on mortgage loans per Schedule B less 36816 accrued interest on mortgages acquired during 1914 25 Gross interest on bonds and dividends on stocks less 35417 accrued interest on bonds acquired during 1914 per Sched ule D 26 Gross interest on deposits in trust com panies and banks per Schedule N 27 Gross interest from all other sources Bills receivable 30 Gross rents from companys property 2902854 31 99772 00 26715 85 23378 99 893 37 25 85 2416 67 31 Total gross interest and rents 53430 73 882 OomptbolleeGtenebals Repoet 37 From agents balances previously charged off 1115 56 39 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 415 28 40 Total income 3057587 88 IIIDisbursements 1 Gross amount paid for losses Accident 112514081 health 23045053 total 1355591 34 2 Deduct reinsurance Accident 1281074 health 26144 total 13072 18 4 Total Deduction Accident 1281074 health 26144 13072 18 5 Net amount paid policy holders for losses Accident 1 11233007 health 23018909 total 18 Investigation and adjustment of claims viz Accident 2750735 health 563403 23 Policy fees retained by agents 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 36922171 health 19020513 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 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 Publication and filing fees County and municipal licenses and taxes 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 48 Stockholders for interest or dividends amount declared during the year 6000000 49 Other disbursements General expense 54 Agents balances charged off 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 33141 38 99772 00 559426 84 311923 65 372946 24 16285 49 46208 68 90 18 61878 18 11809 89 95 12 4527 24 2990 34 38361 37 14860 43 30981 81 24333 89 60000 00 29785 24 15804 09 1 14ComptrollerGenerals Eeport 883 56 Gross decrease by adjustment in book value of ledger assets viz Mortgage loans Bonds per Schedule D 10000 00 67 05 57 Total disbursements 3087809 41 IvLedger Assets 1 Book value of real estate per Schedule A nnm 2 Mortgage loans on real estate per Schedule B first liens 4 5 0 4 Book value of bonds 31524030 and stocks 28208 00 per Schedule D 5 Cash in companys office 597320 30 6 deposit in trust companies and banksnot on interestper Schedule N F 7 Deposits in trust companies and banks on ere per 798 Schedule N v 8 Premiums in course of collection viz 1024 3 On policies or renewals issued on or after Oct 1 1914 Accident 447409 08 health 23048347 total 677892 gg 25 Total 26 Bills receivable 677892 55 27 Other ledger assets viz 65 U Agents balances Furniture and fixtures 73645 25 Cash in hands of P Ms and treas intransit u7fnS Z 31 Ledger assets as per balance Item 58 2166390 NonLedger Assets 32 Interest accrued on mortgages per Sched T e f 7380 66 AS Interest accrued on bonds per Schedule D paTtl 536642 Deduct Assets Not Admitted 45 Loans on agts balances 0r 46 Bills receivable 73645 25 47 Furniture and fixtures Jll U 84558 57 884 ComptbolleeGenerals Eepoet 53 Book value of ledger assets over market value viz Book value of bonds315240 30 Book value of stocks 282080 00 Market value of bonds Market value of stocks 302323 27 286151 00 597320 30 474 27 8846 03 58 Admitted assets 2005487 95 VLiabilities 1 Losses and claims adjusted Accident 12042 oO 2 Losses and claims reported or in process of adjustment Accident 9599281 health 1681563 total 112808 44 3 Losses and claims incurred but not reported Accident 650000 health 200000 total 8500 00 4 Losses and claims resisted Accident 5173500 health 394000 total 55675 HI 5 Total losses and claims Accident 16627031 health 2275563 total 189025 94 6 Deduct reinsurance Accident 6250 00 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and ad justment Accident 16002031 health 2275563 182775 94 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 85000 health 15000 1000 00 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 160389817 unearned premiums fifty per cent 801949 08 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1914 viz Accident 7995854 health 2525006 105208 60 34 Salaries rents expenses bills accounts fees etc due or accrued 10674 09 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 30000 00 40 Beinsurance 7896 i7 ComptrollerGenerals Report 885 41 Advance premiums one hundred per cent x 00 nn 42 Other liabilities viz 1500 00 Voluntary reserve 264483 27 51 Total amount of all liabilities except capital TTsT 52 Cap al actually paid up in cash 300000 00 53 Surplus over all liabilities 300C00 00 54 Surplus as regards policyholders 600000 00 55 Total liabilities 2005487 95 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renewed during the year Accident 6656770 health 2110244 total Gross losses paid Accident 3336788health l7 63481 total 45002 69 U S BRANCH OF EMPLOYERS LIABILITY ASSURANCE CO 33 Broad St Boston Mass Samuel Appleton U S Manager ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 7327156 65 IIIncome 1 Gross premiums written or renewed during the year Accident 33975790 health 10317207 liability 384499413 workmens compensation 3779 720 48 fidelity 8812902 surety 410718 plate glass 4320156 steam boiler 5176297 burglary and theft 19001130 fly wheel 429413 auto and teams prop dam 06092804 workmens collective 1502113 total 9 n 9025099 91 2 Deduct reinsurance Accident 55025 health 3500 fidelity 40625 bur glary and theft 146363 total 9455 13 886 CompteolleeGenebals Eeport Deduct Beturn premiums on policies can celled Accident 2271273 health 1004258 liability 62829031 work mens compensation 51696057 fideli ty 1008090 surety 8492 plate glass 414345 steam boiler 770540 burglary and theft 1877443 fly wheel 11353 auto and teams prop dam 11248639 workmens collective 726729 total 1338662 50 Deduct premium on policies not taken Accident 2197764 health 783358 liability 24254524 workmens com pensation 23313425 fidelity 2 90923 plate glass 256556 steam boiler 435167 burglary and theft 1235097 auto and teams prop dam 5308976 workmens collective 366 57 total 581124 47 5 Total deductions Accident 4524062 health 1791116 liability 87083555 workmens compensation 750 09482 fidelity 1339638 surety 8492 plate glass 670901 steam boiler 1205707 burglary and theft 3258903 fly wheel 11353 auto and teams prop dam 16557615 workmens collective 763386 total 1922242 10 6 Net premiums Accident 29451728 health 8526091 liability 297415858 workmens compensation 3 02962566 fidelity 7473264 surety 402226 plate glass 3649255 steam boiler 3970590 burglary and theft 15742227 fly wheel 418060 auto and teams prop damage 39535189 workmens collective 738727 total 7102857 81 25 Gross interest on bonds and dividends on stocks less 412285 accrued interest on bonds acquired during 1914 per schedule D 248081 08 26 Gtoss interest on deposits in trust companies and banks per schedule N 272 88 27 Gross interest from all other sources Eeceived on agency bank balances 464 62 Eeceived on cash held by trustees 5871 98 37 From agents balances previously charged off 1951 67 39 Gross increase by adjustment in book value of ledger assets viz b Bonds per schedule B 70291 86 40 Total income 7429791 90ComptrollerGenerals Report 887 HIDisbursements 1 Gross amount paid forlosses Accident 12611330 health 3911911 liability 182542068 workmens compensation 85924515 fidelity 2351632 surety 60690 plate glass 1149030 steam boiler 417 00 burglary and theft 5678930 auto and teams prop damage 10730566 workmens collective 1119132 2 Deduct reinsurance Accident Z061215 04 3 Deduct Salvage fidelity 529898 total 5 It tl 4 Total deduction Accident 8445 fidelity 529898 total SNet amount paid policyholders forlosses Accident 12602885 health 3911911 liability 1825 40 68 workmens compensation 85924515 fidelity 18 217 34 surety 60690 plate glass 1149030 steam boiler 4100 burglary and theft 5078930 auto and teams prop damage 10730566 workmens collective 11 19132 total 18 Investigation and adjustment of claims viz 355831 19 Accident 1548112 health 392591 liability 404 71o83 workmens compensation 12057493 fidelitv Hilt Pate glaSS 24215 burgy and theft 7d7790 auto and teams property damage 22 02 04 workmens collective 70314 total 7090 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 10481643 health 3075183 liability 779 89198 workmens compensation 45369119 fidelity 1789449 surety 73636 plate glass 1 054 93 steam boiler 938125 burglary and theft 47570 79 fly wheel 29812 auto and teams property damage 29 giff11 7T collective 335566 total 1563009 14 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 151 679 30 Salaries traveling and all other expenses of agents not paid by commissions 31 Medical examiners fees and salaries 339 f5 32 Inspection other than medical and claim 1 R9f l 33 Rents 115620 01 3b Mate taxes on premiums 105 081 37 Insurance department licenses and fees 8879 21 38 AH other licenses fees and taxes Federal corporation tax 4 297 42 Federal revenue stamps 3833 49 County and municipal taxes and fees 1792 13ComptrollerGenerals Eeport Publication of statements 738 07 Miscellaneous 72 50 10733 61 43 Legal expenses 7433 40 44 Advertising 13957 09 45 Printing stationery and supplies 55459 42 46 Postage telegraph telephone and express 28771 85 47 Furniture and fixtures 9588 48 48 Remitted to head office 463707 20 49 Other disbursements Investment expenses 620 10 Miscellaneous expenses 36349 40 30969 50 9074 63 56 Gross decrease by adjustment in book value of ledger assets viz b bonds per schedule D 14072 50 57 Total disbursements 6332223 55 IVLedger Assets 4 Book value of bonds per schedule D 63548 75 5 Cash in companys office 2630 35 6 Deposit in trust companies and banks not on interest per schedule N 2369 65 7 Deposits in trust companies and banks on interest per schedule N 5795 13 Cash deposited with trustees with KidderPeabody Co on interest 409897 07 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 5751208 health 1464890 liability 55979743 workmens compensation 68565984 fidelity 838843 surety 84435 plate glass 679415 steam boiler 14382 90 burglary and theft 3430089 fly wheel 285044 auto and teams prop damage 7466914 workmens collec tive 67082 total 1460519 37 On policies or renewals issued prior to Oct 1 1914 Accident 444433 health 173022 liability 6514702 work mens compensation 8726518 fidelity 98768 surety 1500 plate glassComptbollerGenebals Repoet 889 40289 steam boiler 21929 burglary and theft 139419 auto and teams property damage 595311 workmens collective 107952 total 168j638 43 27 Other ledger assets viz 1629157 80 Deposited with New York Workmens Compensation Commission 20000 00 31 Ledger assets as per balance Item 58 8424725 00 NonLedger Assets 33 Interest due per schedule D part 1 88871 19 44 Gross assets 8513596 19 Deduct Assets Not Admitted 50 Premium a coo of collection written prior to October 1 1913 168638 43 58 Admitted assets 7 8344957 76 VLiabilities 2 Losses and claims rcporeci or in oess of adjustment Accident 5749000 health 710000 fidelity 44 S4000 surety 68000 plate glass 9W00O buWlaiv and theft 1219500 auto and teams property dam age 2552000 workmens collective 25500 total 148 970 00 3 Losses and claims incurred but not reported Accident o00000 health 350000 fidelity 300000 plate glass 50000 burglary and theft 275000 auto and teams property damage 1000000 workmens collec tivc 25000 total 4 bosses and ciaims resisted Accident 14220 00 bur glary and theft 401000 total 18 230 00 5 Total losses and claims Accident 7671000 health 1060000 fidelity 4784000 surety 68000 plate glass 139000 burglary and theft 1895500 auto and teams property damage 3552000 workmens col lective 50500 total 0Q 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 7671000 health 10 60000 fidelity 4784000 surety 68000 platglass890 CompteolleeGeneeals Repoet 139000 burglary and theft 1895500 auto and teams property damage 3552000 workmens col lective 50500 total 192200 00 17 Special reserve for unpaid liability and workmens com pensation losses 1957475 00 20 Total unpaid claims 2149675 00 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 377500 health 37500 fidelity 239000 surety 500 plate glass 4500 burglary and theft 85000 auto and teams property damage 134500 workmens collective 1500 total 8800 00 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 5519 76970 unearned premiums fifty per cent 2759884 85 27 Gross premiums less reinsurance upon all unexp risks running more than one year from date of policy 68691671 un earned premiums pro rata 318578 87 28 Total unearned premiums as shown by recapitulation 3078463 72 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 2283397 health 595577 liability 15167573 workmens compensation 13372016 fidelity 281436 surety 25330 plate glass 260961 steam boiler 392675 burglary and theft 1327978 fly wheel 75399 auto and teams property damage 2069451 workmens col lective 16731 total 358685 24 34 Salaries rents expenses bills accounts fees etc due and accrued 50000 00 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 100000 00 42 Other liabilities viz Voluntary additional reserve for catastrophe 300000 00 51 Total amount of all liabilities except capital 6045623 96 11 Surplus as regards policyholders 2299333 80 55 Total liabilities 8344957 76 Business in the State of Georgia IHiring 1914 Gross premiums less return premium on risks written or renewed during the year Accident 204101 healthComptrollerGenerals Report 95032 liability 1988827 plate glass 54291 bur Gross losses paid Accident 75121 health 908 77 1 ftt11605 Plate gIaSS 18141 bur thett 1670 auto and teams property damage 840 ui total 891 25462 00 11814 15 EQUITABLE SURETY CO ST LOUIS MO B J Taussig President w TT m T T tji a Walter H West Secretary J L Riley Atlanta Ga Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance December 31st ol previous year 1524179 90 IIIncome 1 Gross premiums written and renewed during the year Fi delity 26996182 surety 63321146 total 2 Deduct reinsurance Fidelity 4298789 surety 5829801 total 3 Deduct return premiums on policies can celled Fidelity 5558178 surety 11669304 total 903173 28 10l285 90 172274 82 273560 72 5 Total deductions Fidelity 9856967 surety 174 991 05 total 6 Net premiums Fidelity 17139215 surety 458220 41 total 23 Gross interest on mortgage loan per Schedule B JSJJ fj 25 Gross interest on bonds and dividends on stocks less 740 93 accrued interest on bonds acquired during 1914 ner Schedule D 26 Gross interest on deposits in trust companies and banks per Schedule N r 27 Gross interest from all other sources New Yorkexcise fund or miscellaneous 30 Gross rents from companys property 59799 99 2198 04 1071 78 122 40 31 Total gross interest and rents 64462 21892 CompteollebGenebals Bepoet 32 From other sources To reinstate reinsurance due 123113 Suspense see liabilities Increase in reinsurance due over last year 37 From agents balances previously charged off 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 40 Total income 32200 84 149 25 1542 40 10 52 129 78 728107 56 IIIDisbursements 1 Gross amount paid for losses Fidelity 4476703 surety 26760381 total 312370 84 2 Deduct reinsurance Surety 8616 44 3 Deduct salPage Schedule H Fidelity 1762498 surety 4912120 total 66746 18 4 Total deduction Fidelity 1762498 surety 57737 64 total 75362 62 5 Net amount paid polieyholders for losses Fidelity 27 14205 surety 20986617 total 237008 22 18 Investigation and adjustment of claims viz Fidelity 328750 surety 1584150 19129 00 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fi delity 4284810 surety 8468868 127536 78 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 85551 91 30 Salaries traveling and all other expenses of agents not paid by commissions 104609 67 32 Inspection other than medical and claim 1414 27 33 Bents 7500 00 34 Bepairs and expenses other than taxes on real estate 288 78 35 Taxes on real estate 30 89 36 State taxes on premiums 9389 58 37 Insurance department licenses and fees 6679 49 38 All other licenses fees and taxes 39 Federal corporation tax 309 59 40 Municipal licenses 1143 20 41 Taxes personalty 16604 11 43 Legal expenses 6345 58 44 Advertising 1637 45 45 Printing and stationery 8192 55 46 Postage telegraph telephone and express 7374 22 47 Furniture and fixtures 1163 72ComptrollerGeneral s Keport 49 Other disbursements Petty expense 52485 execution fees 29429 exchange 8460 field develop 142531 trav exp 1235 43 genl expense 800926 insurance 13736 Globe Sur Co 1500000 revenue stamps 34504 sund costs and fees 36188 special exp 720100 total 54 Agents balances charged off 55 Gross loss onsale or maturity of ledgerassetsviz Real estate per Schedule A Bonds per Schedule D 57 Total disbursements 893 34819 02 4261 86 115 50 573 34 681678 73 IVLedger Assets 1 Book value of real estate less 160600 incumbrances per Schedule A 2 Mortgage loans on real estate per Schedule B first liens 550375 other than first 400000 4 Book value of bonds per Schedule D 5 Cash in companys office 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Fidelity 1433036 surety 10995462 total On policies or renewals issued prior to Oc tober 1 1914 Fidelity 775663 surety 9727687 total 26 Bills receivable 27 Other ledger assets viz Accounts receivable secured Furniture and fixtures New York excise funds Reins recoverable Schedule E 3109 90 9503 75 1101201 15 2287 87 31442 41 130110 98 124284 98 105033 50 2507 49 18736 22 11721 60 27590 32 3078 56 31 Ledger assets as per balance Item 58 1570608 73 NonLedger Assets 33 Interest due on bonds per Schedule D Part 1 10734 14894 ComptrollerGenerals Report 35 Interest due on other assets Certf deposit 2000 Southwest Trust Sav Bank 14 00 41 Other nonledger asasets viz Anticip re coveries See line 48 below 43341 97 44 Gross assets 1624698 84 Deduct Assets Not Admitted 46 Bills receivable 2507 49 47 Furniture and fixtures 11721 60 48 Anticipated recoveries 28341 97 49 Reins recoverable 22 25 50 Premiums in course of collection written prior to October 1 1914 105033 50 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 22371 30 53 Book value of ledger assets over market value viz Real estate 175 00 Mortgages second lien 4000 00 Stocks and bonds 109821 15 58 Total admitted assets 1340704 58 VLiabilities 2 Losses and claims reported or in process of adjustment Fidelity 1044397 surety 7595544 total 86399 41 4 Losses and claims resisted Fidelity 19000 surety 89 182 total 108182 00 5 Total losses and claims Fidelity 2944397 surety 165 13744 total 194581 4 6 Deduct reinsurance per Schedule E Fidelity 973430 surety 1045974 total 20194 04 7 Net unpaid claims except liability and workmen s compen sation excluding expenses of investigation and adjust ment Fidelity 1970967 surety 15467770 total 174387 37 20 Total unpaid claims 174387 37 21 Estimated expenses of investigation and adjustment of un paid claims Fidelity 250 surety 2520 2770 00ComptrollerGenerals Eeport 895 26 Gross premiums less reinsurance upon all unexpired Js runmng one year or less from date of policy 514 06850 unearned premiums 50 per cent nq p 27 Gross premiums less reinsurance upon all unexpired mhlir mre fan one year from date of SS 10395856 unearned premiums pro rata 662n 97 28 Total unearned premiums asshown by recapitulation page 29 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after SiT7 XtIess commission on 1012170 Fidelity 322433 surety 24739 79 IT M9 a 34 Salaries rents expenses bills accounts L ee dueor accrued 35 Estimated amount hereafter payable for Federal State and 0 other taxes based upon the business of the year of this statement 39 Return premiums 8347 68 40 Reinsurance 2617 52 42 Other liabilities viz 33743 24 Suspense Special reserve for Globe Surety Ca contract u wS 5n Special reserve for E B McConnell contract J JJ 51 Total amount of all liabilities except capital 57 52 Capital actually paid up in cash SOOOOoon 53 Surplus over all liabilities SJS 88 54 Surplus as regards policyholders777777 756525 88 55 Total liabilities 1340704 58 Business in the State of Georgia During 19i4 Gross premiums less return premium on risks written or renew ed during the year Fidelity 270325 surety 2273 7o total Gross losses paid Fidelity19726suretyll80total JJ896 ComptrollerGenerals Report FEDERAL CASUALTY COMPANY DETROIT MICH 533 Majestic Building V D Cliff President L E Daly Secretary Wm A Wright 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 402115 41 1 3 6 21 23 25 26 31 32 38 39 IIIncome Gross premiums written and renewed during the year Accident and health 338361 83 Deduct premiums on policies cancelled Accident and health 515 72 Net premiums Accident and health 338166 11 Policy fees required or represented by applications esti mated 24875 00 Gross interest on mortgage loans per schedule B 181 73 Gross interest on bonds and dividends on stocks less 151072 accrued interest on bonds acquired during 1914 per sched ule D 18200 82 Gross interest on deposits in trust com panies per schedule K 398 10 Total gross interest and rents From other sources From Union National Bank Co lumbus Ohio Gross profit on sale or maturity of ledger assets viz Bonds per schedule D Gross increase by adjustment in book value of ledger assets viz Bonds per schedule D 18780 65 63 28 1566 65 1040 00 40 Total income 384491 69 IIIDisbursements 1 Gross amount paid for losses Accident and health 144648 78ComptrollerGenerals Report 897 23 Policy fees retained by agent estm 24 Commissions or brokerage less amnf 2469 42 premiums aT amount received on return Fcmium and reinsurance fn f n Accident and health foIIowing Masses rrrzr ru 31 Medical examiners fees and salaries 27462 47 33 Rents 1176 33 36 State taxes on premiums 7210 67 37 Insurance department licenses and fees 6371 29 38 AotW licenses fees and taxes Federal oration 43 Legal expenses 513 27 44 Advertising 400 99 45 Printing and stationery 652 68 46 Postage telegraph telephone and express 2659 18 47 Furniture and fixtures 3521 82 48 Stockholders for interestor dividends 247 80 49 Other disbursements 30000 00 Office supplies Genera expense 346 31 54 Agentsbalances charged off 298 20 55 Gross loss on sale or maturity of ledgerassets viz 7m Bonds per schedule D 4 b c Stocks per schedule D JJJJ fQ 56 Grr8etdseTevbbf Badjrmentin book f 47S125 assets viz b Bonds per schedule D 1520 80 57 Total disbursements 364932 37 IvLedger Assets 2 Mortgage loans on real estate per schedule R fW r 4 Book value of bonds 305 mn nn 7 7 16000 00 per schedule D StCkS 9709625 5 Cash in companys office 1 402590 25 6 Deposits in trust companies and banksnot on interest per schedule N 1 543 17 3078 48 31 Ledger assets as per balance Item 58 I TTTZ 41074 73898 ComptbollebGenebals Eepoet NonLedger Assets 32 Interest due 24000 and accrued 32000 on mortgages per schedule B 33 Interest due on bonds per schedule D part 1 38 Eents due on companys property or lease 560 00 6690 00 7250 83 44 Gross assets 428925 56 Deduct Assets Not Admitted 53 Book value of ledger assets over market value viz per schedule D 51 Total amount of liabilities except capital 52 Capital actually paid up in cash 53 Surplus over all liabilities 200000 00 166743 78 54 Surplus as regards policyholders 55 Total liabilities Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renewed during the year Accident and health Gross losses paid Accident and health 23114 45 58 Admitted assets 405811 11 VLiabilities Number of losses and claims reported or in process of ad justment 453 resisted 12 total 453 There were 490 claims pending at close of year 1913 which averaged 4091 each so we estimate claims pending at close of present year at 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1914 viz Accident and health 34 Salaries Tents 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 18532 23 3000 00 50O 00 6500 00 10535 10 39067 33 366743 7S 405811 11 2799 32 1003 21 ComptrolLerGeNERALs repokt g99 FEDERAL Lff f66TTNCECOM chiGOi M 6668 North Michigan Blvd Isaac Miller Hamilton President fh Q Wm A Wright iff Rannells Secretary a u right Attorney for Service ICapital Stock 1 Amount of capital paid up P A m CfS 300000 00 i Amount of ledffer a00 ieuger assets as per balance December 31 of previous year 3 053 285 4 3 Adjustment in rea estate made by joint examination as of December 31 1913 85478 70 IIIncome 1 Gross premiums written and renewed during the year Accident and health 2 Deduct reinsurance Accident and nealih587 75 68179 3 Deduct return premiums on policies can celled Accident and health g6 34 5 Total deductions 774 09 6 Net premiums Accident and health I 21 Policy fees required or represented h 67405 27 32 From other sources All nh 368 56 life statement 1DCme S sho in 825431 50 40 Total income 903917 12 HIDisbursements 1 Gross amount paid for losses Accident 2 Tpf836538 h6alth 366534 total 32 030 72 2 Deduct reinsurance Accident Zll 5 Net amount paid policyholders for losses Accident 1832610 health 13665 34 total 18 Investigation and adjustment of ciaims 31991 viz Accident 1935 health 19 35 total 3870900 CompteolleeGenebals Eepobt 23 Policy fees retained by agents 10712 00 24 Commissions or brokerage less amount re ceived on return premiums and reinsur ance for the following classes Accident 1376543 health 1343551 total 2720094 29 Salaries fees and all other compensation of officers directors trustees and home office employees 7666 80 30 Salaries traveling and all other expenses of agents not paid by commissions 2715 44 31 Medical examiners fees and salaries 73 00 88 Bent W1 36 State taxes on premiums 331 I6 37 Insurance department licenses and fees 103 16 43 Legal expenses 340 30 45 Printing and Stationery 2690 86 46 Postage telegraph telephone express and exchange W 47 Furniture and fixtures 175 25 49 Other disbursements Information bureau 412 00 Bonuses 1383 miscellaneous ex penses 41891 total 432 74 All other disbursements shown in life statement 662788 27 54 Agents balances charged off 510 57 Total disbursements 750263 99 IVLedger Assets As shown in life statement 3232417 54 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 41525 health 7225 total lsV 5 NonLedger Assets 42 Non ledger assets as shown in life state ment 150275 39 44 Gross as sets 3383180 43ComptrollerGenerals Report Deduct Assets Not Admitted 53 Book value of ledger assets over market value viz Assets not admitted as shown in life statement 901 77935 30 58 Admitted assets VLiabilities 2 Losses and claims reported or in process of adiu Ardent 190700 health 104033 total ment Net unpaid claims except liability and workmen 0403 toS ACCident 907 h6alth 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 119150 unearned premiums fifty per cent o9o 75 3305245 13 1947 33 1947 33 2 rll as sh capitulation er charges due or to S 111 nnlirtint a or after October 1 1914 viz Ac 29 Commissions brokerage and other charges due or to T brokers on policies issued on 34 zzjttbiis oStrT ereafterabieerai8taieand 40 Eeinsurance 41 Advance premiums one hundred per cent 42 Other liabilities viz Additional liabilities as shownin life statement 51 Total amount of all liabilities except capital l oSn 52 Capita aetually paid up in cash mkJ 53 Surplus over all liabilities 300000 00 24815 29 595 75 163 40 126 28 832 99 54 44 1546 96 2975162 69 84 54 Surplus as regards policyholders 55 Total liabilities 324815 29 3305245 13902 ComptrollerGenerals Report FIDELITY DEPOSIT COMPANY OF BALTIMORE MARYLAND Edwin Warfield President Robt S Hart Secretary Leonard Haas Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 3000000 00 2 Amount of ledger assets as per balance December 31st of previous year 11833042 60 317142 46 IIIncome 1 Gross premiums written and renewed during the year Ac cident 41939950 health 15903628 liability 1 941675 88 workmens compensation 122819607 fi delity 137088015 surety 234991993 plate glass 445 87640 burglary and theft 40749173 auto and teams prop dam 25525030 workmens collective 2 13816 total 2 Deduct reinsurance Accident 2860049 health 1164409 liability 554844 fidelity 5159849 surety 13340517 plate glass 7584 burglary and theft 8631994 total 3 Deduct return premiums on policies can celled Accident 2033172 health 1230521 liability 19321569 work mens compensation 6903565 fidelity 10110535 surety 14131441 plate glass 1645927 burglary and theft 2605631 auto and teams prop dam 2446792 workmens collective 725 71 total 4 Deduct premiums on policies not taken Accident 6837898 health 3029660 liability 30774481 workmens comp 14620453 fidelity 9201667 surety 12197093 plate glass 4691311 burglary and theft 7054512 auto teams prop dam 4495641 work mens collective 36950 totals 8579864 40 605017 24 929396 66 5 Total deductions Accident 11731119 health 54245 90 liability 50650894 workmens compensation 21524018 fidelity 24472051 surety 39669051 ComptrollerGenerals Report 903 plate glass 6339822 burglary and theft 18292137 auto and teams prop dam 6942433 workmens col lects 1095 21 total lj851j55636 6 Net premiums Accident 30208831 health 104790 38 liability 143516694 workmens compsn 1012 95589 fidelity 112615964 surety 1953 229 42 plate glass 38247818 burglary and theft 224570 36 auto and teams prop dam 18582597 workmens collective 104295 total 6 728 308 04 23 Gross interest on mortgage loans per Schedule B less 593 75 accrued interest on mortgages acquired during 1914 3 909 42 24 Gross interest on collateral loans per Schedule C 465q 41 25 Gross interest on bonds and dividends on stocks less 4 63031 accrued interest on bonds acquired during 1914 per Schedule D 26 Gross interest on deposits in trustcompanies and banks per Schedule N 27 Gross interest from all other sources New York excise funds Rranch office bank deposits etc 76j f7 30 Gross rents from companys property including 7M38 29 for comPany occupancy of its own buildings 182781 00 a2 trom other sources Commissions and fees Increase in advance premiums over 1913 1976g Increase in returned premiums allowed but not claimed over 1913 Increase in premiums due for reinsurance g13o 37 From agents balances previously charged off 625 50 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 7 103 78 39 Gross increase by adjustment in book value of ledger as sets viz Bonds per Schedule D Stocks per Schedule DiI 0 4 TtaI infme 742832105 IIIDisbursements 1 Gross amount paid for losses Accident 133 66 07 health 4532736 liability 77817565 workmens compensation 23684339 fidelity 47628697 surety 73346336 plate glass 19694061 burglary ana theft 11805239 auto and teams property damage 7882620 workmens collective 27928 total 2797821 28904 ComptrollerGenerals Keport 2 Deduct reinsurance Accident 3160489 health 541924 liability 15760 fi delity 284945 surety 760993 burglary and theft 1728392 total 64925 03 3 Deduct salvage Schedule H Accident 10000 fidelity 7777218 surety 10138114 plate glass 727056 bur glary and theft 13467 total 186658 55 4 Total deductions Accident 3170489 health 541924 liability 15760 fidelity 8062163 surety 108991 07 plate glass 727056 burglary and theft 17418 59 total 5 Net amount paid policyholders for losses Accident 101 92118 health 3990812 liability 77801805 work mens compensation 23684330 fidelity 39566534 surety 62447229 plate glass 18967005 burglary and theft 10063380 auto and teams property dam age 7882620 workmens collective 27928 total 254623 0 18 Investigation and adjustment of claims viz Accident 95085 health 22148 liability 30742240 work mens compensation 1148501 fidelity 1359674 surety 2565413 plate glass 186804 burglary and theft 767070 auto and teams property damage 6 11948 total 374988 83 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 96913 health 2714858 liability 362 29779 workmens compensation 8132297 fidelity 32099645 surety 40805283 plate glass 129205 45 burglary and theft 5851201 auto and teams prop damage 3135747 workmens collective 235 g6 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 404751 1 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 7733o 3b 33 Rents including 7243829 for companys occupancy of its own buildings 7 34 Repairs and expenses other than taxes on real estate 479bl 11 4 941 64 35 Taxes on real estate ir3305 58 36 State taxes on premiums 37 Insurance department licenses and fees BOIMZ 38 All other licenses fees and taxes 39 Federal corporation tax or dividends amount declared ComptrollerGeneral s Report 40 Municipal license 41 State county and city taxes on capital stock 4 Internal revenue war tax 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 47 Furniture and fixtures 48 Stockholders for interest during the year 49 Other disbursements Home office incidentals Home office traveling expenses Expense of examination of ins dept of Xe w Yorkand Maryland Merger expenses acct Phila Casualty Co Merger expenses acct American Bldg Co Expenses account liquidation American Bldg Co 54 Agents balances charged off 56 Gross decrease by adjustment in Wkvalueofledgeras sets viz Real estate per Schedule A Bonds per Schedule D Stocks per Schedule D 57 Total disbursements IVLedger Assets 1 Book value of real estate per Sched Ai 2 Mortgage loans on real estate per Sched ule B 3 Loans secured by pledge of bonds stocksor other collateral per Schedule C 4 Book value of bonds etc per Schedule D 5 Cash in companys office 5 Cash in branch offices 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection vizOn policies or renewals issued on or after October 1 1914 Accident 8999980 health 3618044 liability 356227 36 workmens compensation 168741 97 fidelity 26090866 surety W 62085 plate glass 5976790 burg 2560137 41 217405 00 688262 50 5319798 00 5451 22 76840 00 29871 61 1178173 09 905 3755 99 81682 21 1244 93 21488 08 13043 22 70990 41 34470 67 21874 03 480000 00 32028 82 20354 45 14356 00 41158 20 33542 41 163295 20 3968 45 11605 98 57652 37 54014 89 7016692 67 906 ComptrollerGenerals Report lary and theft 8150971 auto and teams prop dam 3043807 workmen g collective 10000 totals 1331494 6 On policies or renewals issued prior to Oc tober 1 1914 Accident 5098780 health 1700413 liability 150084 84 workmens compensation 81972 81 fidelity 18068201 surety 234 61930 plate glass 2772672 burglary and theft 2420034 auto and teams prop dam 1426060 workmens col lective 5000 total 781588 5a 27 Other ledger assets viz Cent loss fund JJJJ Eeserve fund New York excise premium fund uoi Deposit with New York State Workmens Compensation Commission 1 689 Massachusetts workmens comp reserve f d 1420 14 Guaranteed accounts 8096 56 31 Ledger assets as per balance Item 58 12244670 98 NonLedger Assets 32 Interest accrued on mortgages per Sched ule B 593 75 12245264 73 44 Gross assets Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1913 781588 55 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 479871 98 10983804 20 58 Admitted assets VLiabilities 1 Losses and claims adjusted Accident 138125 health 97355 fidelity 38360 total z7d 4U 2 Losses and claims reported or in process of adjustment Accident 3549463 health 1007971 fidelity 228 19 68 surety 33315755 plat glass 396000 burComptrollerGenerals Report 907 glary and theft 2626197 antn aTi f 4 Lo76i2ristd 67116513 426067 45 5 Total lossesand claims Accident 36K7Sfit in 05326 fidelity mlnf pTa and team property damage 3281725 workmens col lective 117434 total 1099970 98 7 Net unpaid claims except liability and workmens compen ation claims excluding expenses of investigation Tnd adjustment Accident 3687588 health 110536 SSoVTT4 surety71883434 2 3 96000 burglary and theft 2626197 auto and 174WP7otal 3281725 WrkmenS CIeetiVe V 17 Special foT napa W70 98 pensation losses 728243 35 20 Total unpaid claims 21 Estimated expenses of investigatio and Vdment of u 828214 pan claims Accident 35853 health 5065 fidelity Sf f f Rlass 40 bur total a teams prop lam 73774 26 Gross premiums less ranceupon ail unexpired risks running one year or less from date of policy 5321 39304 unearned premiums 50 per cent o fifi0 fiQfl 27 Gross premiums less reinsurance upon all unexpiredrisks running more than one year from date of policy 1223 49746 unearned premiums pro rata m flfiq 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or llllT rlr9U ViZ Aeident 1589047 health 67366 liability 4669152 workmens compensa fon 3145005 fidelity 3535787 surety 32169 45 plate glass 1078784 burglary and theft 14139 05 StSTtSTam 586129 34 Salaries rents expenses iii i 199109 3 accrued 35 Estimated amount hereafter payabie for Federal 200 and other taxes based upon the business of the year of this statement 110000 00908 ComptrollerGenerals Eeport 39 Return premiums 153310 64 40 Reinsurance 4198 3 41 Advance premiums one hundred per cent 309756 76 42 Other liabilities viz Reserve for liquidation claims American Bonding Company reported prior to May 31 1913 145849 37 Reserve for liquidation American Bonding Co 40000 00 Reserve for liquidation Philadelphia Casualty Co 28841 80 Contingent reserve 70000 00 51 Total amount of all liabilities except capital 6380150 33 52 Capital actually paid up in cash 3000000 00 53 Surplus over all liabilities 1603653 87 54 Surplus as regards policyholders 4603653 8i 55 Total liabilities 10983804 20 Business in the State of Georgia Dining 1914 Gross premiums less return premium on risks written or renew ed during the year Accident 375089 health 2 55523 liability 1379702 fidelity 2636626 surety 3004628 plate glass 119488 burglary and theft 224731 auto and teams prop dam 232078 total Gross losses paid Accident 123018 health 128383 lia bility 404765 fidelity 1638161 surety 1464139 plate glass 22366 burglary and theft 174215 auto and teams property damage 131020 total 82278 65 40860 67 FRANKFORT GENERAL INSURANCE CO FRANKFORT ONMAIN GERMANY IT Franklin U S Manager and Attorney Lynch and Blalock Attorneys 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 1469533 82 IIIncome 1 Gross premiums written and renewed during the year Accident and health 15998931 liability 60119619ComptrollerGeneral s Report 22716 42 TZ COmPensati0 52308278 burglary and mswo T ait0and teams propert d 24 8004 workmens collective 2425436 total 2 Deduct reinsurance Accident and health 1223952 liability 221146 work mens compensation 28128 burglary and theft 798416 total 3 Deduct return premiums on policiescan celled Accident and health 2138 99 liability 5713614 workmens com pensation 2510049 burglary and theft 205971 auto and teams prop damage 294576 workmens collec tive 94387 total 4 Deduct premium on policies not taken Accident and health 2821746 liabil ity 6275053 workmens compensa tion 3227023 burglary and theft 8 60153 auto and teams property dam age 286945 workmens collective 6375 totaI 135346 70 90324 96 Total deductions Accident and health 4259597 liabil ity 12209813 workmens compensation 57560 00 burglary and theft 1864540 auto and teams prop lam o81521 workmens collective 158137 total 6 Net premiums Accident and health 11739334 liability 47909806 workmens compensation 465030 78 bu glary and theft 2909359 auto and teams oronert workmen teams property collective 2267299 damage 1905483 total 21 Policy fees required or represented by applications 25 Gross interest on bonds and dividends on stocks less 10825 accrued interest on bonds acquired during 1914 per sched ule D Gross interest on deposits in trust panies and banks per schedule X 20 47602 55 1270 93 31 Total gross interest and rents 32 From other sources Remittances from home office 909 1381131 67 40 Total income 248388 08 1132743 59 12364 45 48873 48 32091 82 1226073 34 IIIDisbursements I Gross amount paid for losses Accident and health 58 compensa 11539 liability 41110449 workmens910 ComptrollerGenerals Report tion 14533127 burglary and theft 1118537 auto and teams property damage 552468 workmens col lective 561900 total 2 Deduct reinsurance Accident and health 820542 burglary and theft 195475 total 10160 17 3 Deduct salvage Burglary and theft 2 38 4 Total deduction Accident and health 820542 burglary and theft 195713 total 636880 20 10162 55 5 Net amount paid policyholders for losses Accident and health 4990997 liability 41110449 wrkmns com pensation 14533127 burglary and theft 922824 auto and teams property damage 552468 work mens collective 561900 total 626717 65 18 Investigation and adjustment of claims viz Accident and health 731594 liability 6779989 workmens compensation 4138993 burglary and theft 222134 auto and teams property damage 168775 work mens collective 170047 total 122115 32 23 Policy fees retained by agents 12364 4 24 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following class es Accident and health 3483467 liability 113 18389 workmens compensation 7424429 burglary and theft 821028 auto and teams property dam age 481697 workmens collective 558414 total 240874 24 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 56457 40 30 Salaries traveling and all other expenses of agents not paid by commissions 38746 61 32 Inspection other than medical and claim 27055 81 33 Rents 8762 56 36 State taxes on premiums 17434 87 37 Insurance department licenses and fees 4025 50 38 All other licenses fees and taxes Personal property tax 615 99 War tax stamps for policies 829 19 Municipal licenses and fees 348 67 43 Legal expenses 365 5 44 Advertising 2650 82 45 Printing and stationery 11728 56 46 Postage telegraph telephone and express 5535 00 47 Furniture and fixtures 831 73 49 Other disbursements Miscellaneous expenses 11537 83ComptrollerGeneral s Eeport Investment expenses Assessments paid workmens compensationreinsurbu reau 55 Gross loss on sale or maturity of ledgerassetsviz Bonds per schedule D 56 Gross decrease by adjustment in book valueof ledger assets viz Bonds per schedule D 911 1633 53 10227 15 58 49 810 77 57 Total disbursements 1196727 72 IVLedger Assets 4 Book value of bonds per schedule D t 290544 55 5 Cash in companys office x 420 0Q 6 Deposit in trust companies and banks not on interest per schedule N 30g0 Jg 7 Deposits in trust companies and banks on interest per schedule N Q 4 g3 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident and health 1053209 liability 6565095 work mens compensation 3740987 bur glary and theft 529548 auto and teams property damage 199120 work mens collective 103270 total On policies or renewals issued prior to Oc tober 1 1914 Accident and health 28190 liability 336067 workmens compensation 391832 burglary and theft 9782 auto and teams property damage 1995 total 7 678 66 121912 20 25 Total 27 Other ledger assets viz Cash in hands of trustees a per schedule N 129590 95 9819 28 31 Ledger assets as per balance Item 58 1498 870 44 NonLedger Assets 33 Interest accrued on bonds per schedule D part 1 35 Interest accrued on other assets Bank deposits 41 Other nonledger assets viz Equity workmens com pensation reinsurance bureau 13782 08 181 85 14237 01 44 Gross assets 527080 38912 ComptrollerGenerals Report Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1914 767S 66 53 Book value of ledger assets over market value viz Bonds as per schedule D 91084 55 58 Admitted assets 1428317 17 VLiabilities 1 Losses and claims adjusted Accident and health 5228 57 burglary and theft 29523 auto and teams prop damage 30476 total 2 Losses and claims reported or in process of adjustment Accident and health 540001 burglary and theft 2 96191 auto and teams property damage 245302 workmens collective 255771 total 3 Losses and claims incurred but not reported Accident and health 90001 burglary and theft 5048 auto and teams property damage 16715 workmens col lective 11905 total 4 Losses and claims resisted Accident and health 13 07141 burglary and theft 71428 marine 300000 auto and teams property damage 117619 workmens collective 14286 total 5 Total losses and claims Accident and health 2460000 burglary and theft 402190 marine 300000 auto and teams property damage 410112 workmens col lective 281962 total 6 Deduct reinsurance per schedule E Accident and health 621429 burglary and theft 99857 total 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and adjust ment Accident and health 1838571 burglary and theft 302333 marine 300000 auto and teams property damage 410112 workmens collective 281962 total 17 Special reserve for unpaid liability and workmens com pensation losses 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Accident and health 91929 burglary and theft 15117 auto and teams property damage 20505 workmens collective 14098 total 5828 56 13372 65 1236 69 18104 74 38542 64 7212 86 31329 78 508431 00 539760 78 1416 49CoMPTROLLEBGrENERALs EePORT 913 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 70422468 unearn ed premiums fifty per cent 352 112 34 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 5385793 un earned premiums pro rata 23 816 46 28 Total unearned premiums as shown by recapitulation 375 928 80 29 Commissions brokerage and other charges due or to be come due to agents 0r brokers on policies issued on or after October 1 1914 viz Accident and health 384938 liability 1459747 workmens compensa tion 582981 burglary and theft 173604 auto and teams property damage 47080 workmens collec tive 26881 total 26 752 31 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 16000 00 41 Advance premiums one hundred per cent 4 059 53 51 Total amount of all liabilities except capital 965417 91 52 Capital actually paid up in cash 250000 00 53 Surplus over all liabilities 212 899 26 54 Surplus as regards policyholders 462 899 6 55 Total liabilities 1428317 17 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year also reinsurance Accident and health 58005 liability 88312 burglary and f7838 auto and teams property damage 158 theft 69 total Gross losses paid Accident and health 850 liability 633 04 burglary and theft 31793 total 1700 24 959 47 914 ComptrollerGenerals Report GENERAL ACCIDENT FIEE LITE ASSURANCE CORPORATION Ltd PHILADELPHIA PA CNorie Miller XJ S Manager Charles G Cook TJ S Chief Accountant H C Geiger 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 3316333 61 118420 13 IIIncome 1 Gross premiums written and renewed during the year Accident 113006271 health 48856424 liability 203745999 workmens compensation 97891401 burglary and theft 14516812 auto and teams prop damage 29810452 workmens collective 2357515 total 2 Deduct reinsurance Accident 5903372 health 2210691 liability 1975108 workmens compensation 3145 bur glary and theft 1749697 total 3 Deduct return premiums on policies can celled Accident 937522 health 6 40888 liability 27246698 workmens compensation 6520368 burglary and theft 981647 auto and teams proper ty damage 3928145 workmens col lective 692527 total Deduct premium on policies not taken Accident 13502266 health 59599 46 liability 43560636 workmens compensation 16132812 burglary and theft 3303638 auto ami teams prop damage 7010865 total 5101848 74 409478 65 I 894701 63 5 Total deductions Accident 20343160 health 88 11525 liability 72782442 workmens compensa tion 22656325 burglary and theft 6034982 auto and teams property damage 10939010 workmens collective 692597 total 1422600 41 6 Net premiums Accident 92663111 health 400448 99 liability 130963557 workmens compensation ComptrollerGenerals Report 915 75235076 burglary and theft 8481830 auto aud Tzzzrz i88m42 k 21 Policy fees requiredor eaed appon S JJ 23 Gross interest on mortgage Joans per schedule B t 25 Gross interest on bonds and dividends on stocks per schedule D B 2b Gross interest on deposits in trust compan ies and banks per schedule N 347 89 27 Gross interest from ail other sources Ac counts receivable r01 O 30 Gross rents from companys property in cluding 150000 for companys occu pancy of its own buildings 17 100 38 31 Total gross interest and rents 4im 32 Prom other sources Received from home office Perth Scotland for surplus Bonus for extension of Minneapolis and St Louis R R 6 per cent note Old checks cancelled Borrowed money 38o 86 37 From agents balances previousiy charged off l 38 Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 39 Gross increase by adjustment in bookvalueofledger assets viz Real estate per schedule A 2 994 02 40 Total income 4250820 43 IIIDisbursements 1 Gross amount paid for losses Accident 496 420 28 health 20338139 liability 93995381 workmens compensation 24418296 burglary and theft 61 94387 auto and teams property damage 123 736 19 workmens collective 1311605 total 282734 55 S Deduct reinsurance Accident 3740062 health 1143857 burglary and theft 1143597 total 60275 lg 3 Deduct salvage Liability 1526387 workmens compensation 30967 bur glary and theft 69775 auto and teams property damage 494147 total 21212 76 4 Total deduction Accident 3740062 health 11438 57 liability 1526387 workmens compensation916 ComptrollerGenerals Eeport 30967 burglary and theft 1213372 auto and teams property damage 494147 total 81487 92 5 Net amount paid policy holders for losses Accident 459 01966 health 19194282 liability 92468994 work mens compensation 24387329 burglary and theft 4981015 auto and teams property damage 118 79472 workmens collective 1311605 total 2001246 63 18 Investigation and adjustment of claims viz Accident 2266034 health 907634 liability 30353606 workmens compensation 5783583 burglary and theft 796494 total 427191 30 23 Policy fees retained by agents 116595 00 24 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 32683538 health 13710988 liability 31483132 workmens compensation 138 72602 burglary and theft 2891463 auto and teams property damage 5189520 workmens collective 440186 total 1002714 29 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 251570 33 30 Salaries traveling and all other expenses of agents not paid by commissions 95012 09 31 Medical examiners fees and salaries 7760 82 32 Inspection other than medical and claim 55442 46 33 Rents including 150000 for companys occupancy of its own buildings 37599 94 34 Repairs and expenses other than taxes on real estate 8336 72 35 Taxes on real estate 1945 13 36 State taxes on premiums 71930 43 37 Insurance department licenses and fees 11178 80 38 All other licenses fees and taxes Federal corporation tax 3533 00 1256 00 3267 28 43 Legal expenses 10780 18 44 Advertising 1 4019 67 45 Printing and stationery 40530 04 46 Postage telegraph telephone and express 34893 10 47 Furniture and fixtures 21100 82 49 Other disbursements Auditors fees 15803 02 Miscellaneous expense 11900 48 I nterest paid 7522 25 Exchange 1582 97 54 Agents balances charged off 2928 48 57 Total disbursements 4257641 23ComptrollerGenerals Report IvLedger Assets 1 Book value of real estate per schedule A 2 Mortgage loans on real estate per schedule B first Hens 4 Book value of bonds 201600072 and stocks 86544 15 per schedule D 5 Cash in companys office 6 Deposits in trust companies andbanks not on interest per schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 7773757 health 3170314 liability 19621408 workmens compensation 13082605 burglary and theft 1911220 auto and teams property damage 7t22510 workmens collective 241386 total 529232 00 On policies or renewals issued prior to Oc tober 1 1914 Accident 2068691 health 410227 liability 3456776 workmens compensation 2775069 burglary and theft 2220972 auto and teams property damage 3743417 workmens collective 155473 total 148306 25 917 216154 60 15500 00 2102544 87 21733 37 53809 84 25 Total 26 Bills receivable 27 Other ledger assets viz Accounts receivable in litigation Accounts receivable Agents balances secured Special deposit Workmens Compensation Commission Special deposit U S Fidelity Guaranty Co 677538 25 3459 50 116095 83 75512 24 14664 31 2500 00 10000 00 31 Ledger assets as per balance Item 58 3309512 81 NonLedger Assets 32 interest due 33000 and accrued 14166 on mortgages per schedule B 33 Interest accrued on bonds per schedule D Part 1 44 Gross assets 471 66 26756 24 3336740 71 Deduct Assets Not Admitted 46 Bills receivable 50 Premiums in course of collection written prior to Octob 1 1914 3459 50 148306 25 918 ComptrollerGenerals Report 53 Book value of ledger assets over market value viz Bonds and stocks as per schedule D 115184 87 Accounts receivable in litigation 116095 83 Accounts receivable and agents balances secured 90176 55 Real estate 36154 60 58 Admitted assets 2S27363 11 VLiabilities 1 Losses and claims adjusted Accident 452500 health 283100 burglary and theft 40000 auto and teams property damage 150800 total 9264 00 2 Losses and claims reported or in process of adjustment Accident 9448150 health 1210150 burglary and theft 723660 auto and teams property damage 97030tl workmens collective 80700 total 124329 60 3 Losses and claims incurred but not reported Accident 873400 health 572000 burglary and theft 583 00 auto and teams property damage 89400 work mens collective 1000 total 15941 00 4 Losses and claims resisted Accident 4552800 health 181900 burglary and theft 237800 auto and teams property damage 390000 workmens col lective 162100 total 55246 00 5 Total losses and claims Accident 15326850 health 2247150 burglary and theft 1059760 auto and teams property damage 1600500 workmens collec tive 243800 total 204780 60 6 Deduct reinsurance per schedule E Accident 2800937 health 54900 burglary and theft 37600 total 28984 37 7 Net unpaid claims except liability and wyorkmen s com pensation claims excluding expenses of investigation and adjustment Accident 12525913 health 21 92250 burglary and theft 1022160 auto and teams property damage 1600500 workmens collective 243800 total 175846 23 17 Special reserve for unpaid liability and workmens com pensation losses 766141 00 20 Total unpaid claims 941987 23 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 279400 health 53600 burglary and theft 32000 auto and teams proper ty damage 41400 workmens collective 4800 total 4112 00ComptrollerGenerals Eeport 919 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 229709144 un earned premiums pro rata iio6990 84 M Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 13561774 unearned premiums pro rata 57170 61 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be 1la4161 5 come due to agents or brokers on policies issued on or after Oct 1 1914 viz Accdt 2772207 health 11 30050 liability 3812427 workmens compensation 2226932 burglary and theft 630206 auto and teams property damage 1720553 workmens collec tive 60346 total 123 527 PI 34 Salaries rents expenses bills accounts fees etc due or accrued or rp 4 10000 00 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 66 184 96 38 Interest due or accrued J 41 Advance premiums one hundred per cent 19750 00 42 Other liabilities 160000 00 51 Total amount of all liabilities except capital 2490 756 18 52 Capital actually paid up in cash 250 000 00 53 Surplus over all liabilities 86606 93 54 Surplus as regards policyholders 336 606 93 55 Tola liabilities 2827363 11 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 2007595 health 1031187 liability 983616 burglary and theft 33886 auto and teams property damage 102415 total 4 Gross losses paid Accident 1104723 health 578930 liability 1173359 auto and teams property dam age 175846 total 41586 99 30328 58 920 ComptrollerGenerals Report GENERAL INDEMNITY CORPORATION OF AMERICA ROCHESTER N Y Hiram R Wood President Ralph M Barstow Secretary H H Cohen Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 200000 00 Surplus paid in by stockholders 105000 00 IIIncome 1 Gross premiums written and renewed during the year Burglary and theft 11842 50 IIIDisbursements 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 Rents 37 Insurance department licenses and fees Entrance 970 00 annual 177053 total 43 Legal expenses organization expenses 44 Advertising 45 Printing and stationery inventory on hand 23255 46 Postage telegraph telephone and express 47 Furniture and fixtures inventory on hand 44329 49 Other disbursements Accrued interest on bonds purchased 300331 less in terest earned and received 173077 General expense office supplies electric lights etc Internal revenue stamps 1348 11 118 62 95 00 2740 53 5943 55 18 24 511 84 89 26 448 44 1272 54 92 51 37 44 57 Total disbursements 12716 08 IVLedger Assets 4 Book value of bonds per schedule D 283358 84 5 ash in company s office 4654 50 6 Deposit in trust companies and banks not on interest per schedule N 16113 08ComptbollerGenebals Eepobt 92i NonLedger Assets 33 Interest on bonds per schedule D Part 1 4293 g 44 Gross assets 308420 17 Deduct Assets Not Admitted 47 Furniture and fixtures charged to profit and loss account 48 Supplies printed matter and stationery charged to profit and loss account oo2 53 Book value of ledger assets over market value viz Organization expense legal expenses charged to profit and loss account 5 943 55 Entrance fees less annual charges charg ed to profit and loss account 970 00 58 Admitted assets not deducted 308 m VLiabilities 27 Gross premiums less reinsurance upon all unexpired ZUoing mre thM De year from date of policy 1184250 unearned premiums pro rata 7S n 3o atuuW amount hereafter payable for federal siate and other taxes based upon the business of the year of this statement 1184250 average 2 per cent 236 85 51 Total amount of all liabilities except capital TTZ 5 Cap al actually paid up in cash 200000 O0 53 Surplus over all liabilities 96 807 92 54 Surplus as regards policyholders 296g07 g2 55 Total liabilities 308420 17 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Burglary and theft 30 00922 ComptrollerGenerals Report GEORGIA CASUALTY COMPANY OF MACON GA AV E Small President E P Amerine Secretary ICapital Stock 1 Amount of capital paid up in cash 300540 00 2 Amount of ledger assets as per balance December 31 of previous year 921855 70 IIIncome 1 Gross premiums written and renewed during the year Accident 3846655 health 2791036 liability 58577301 workmens compensation 3370056 surety 311125 plate glass 2437788 burglary and theft 908690 auto and teams property damages 9303079 workmens collective 1467573 total 830133 03 2 Deduct reinsurance Accident 180963 health 111887 liability 22110 steam boiler 1816 burglary and theft 6348 total 3194 92 3 Deduct return premiums on policies can celled Accident 177589 health 1 55190 liability 2369994 workmens compensation 22852 surety 3500 plate glass 117343 burglary and theft 29395 auto and teams property damage 577566 workmens collec tive 37181 total 34906 10 4 Deduct premium on policies not taken Accident 745380 health 669523 liability 12157609 workmens com pensation 775053 fidelity 11875 surety 204534 plate glass 359331 steam boiler 1816 burglary and theft 130685 auto and teams prop damage 2650059 workmens collec tive 312156 total 180180 21 5 Total deductions Accident 1103932 health 9366 00 liability 14549713 workmens compensation 797905 fidelity 11875 surety 208034 plateComptrollerGenerals Report glass 476674 burglary and theft 166428 auto and teams property damage 3227625 workmens collective 349337 total 6 Net premiums Accident 2742723 health 1854436 liability 44027588 workmens compensation 5 LJn f I7 f1875 surety 103091 PIate 1961114 burglary anj theft 742262 auto and earns property damage 6075454 workmens collec tive 1118236 total 23 Gross interest on mortgage loans per sche dule B 24 Gross interest on collateral loans per sche dule C 25 Gross interest on bonds and dividends on stocks per schedule D R AR oa ri 0400 90 26 Gross interest on deposit in trust compan ies and banks per schedule N 2 601 35 27 Gross interest from all other sources Mis cellaneous interest and exchange 580 51 30 Gross rents from companys property in cluding 327600 for companys occu pancy of its own buildings 36 987 98 31 Total gross interest and rents 923 218281 23 611851 80 53154 22 HIDisbursements 1 Gross amount paid for losses Accident 28 169 69 health 1795285 liability 16207589 workmens compensation 152498 surety 197189 plate glass 1091592 burglary and theft 148534 auto and teams property damage 2684251 workmens collec tive 783949 total 2 Deduct reinsurance Accident 103971 health 178786 total 2 827 57 3 Deduct salvage Liability 88172 work mens compensation 1000 plate glass 11453 auto and teams property dam age 36143 workmens collective 13 3 total 1380 81 4 Total deductions Accident 103971 liability 88172 workmens ealth 178786 compensation 1000 258778 56924 ComptrollerGenerals Report plate glass 11453 auto and teams property dam age 36143 workmens collective 1313 total 5 Net amount paid policy holders for losses Accident 27 12998 health 1616499 liability 16119417 work mens compensation 151498 surety 197189 plate glass 1080139 burglary and theft 148534 auto and teams property damage 2648108 workmens collective 782636 total 18 Investigation and adjustment of claims viz Accident 87046 health 26133 liability 5032530 work mens compensation 17986 surety 47797 plate glass 901 burglary and theft 11470 auto and teams property damage 82612 workmens collec tive 520 total 24 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 1099338 health 800530 liabil ity 10103685 workmens compensation 260372 fidelity 13450 surety 66085 plate glass 608306 burglary and theft 225614 auto and teams prop erty damage 1606657 workmens collective 3404 36 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 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 38 All other licenses fees and taxes 40 Federal revenue tax 41 Municipal license and tax 42 State and county tax on investment 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 47 Furniture and fixtures 49 Other disbursements Auditing pay rolls 73185 traveling expense 580519 General home office expense Examination by Georgia insurance department Life Renewal Commission 4208 38 254570 18 53069 95 51244 7 39163 27 475 00 300 00 2044 95 3276 00 13104 38 6S96 70 7702 00 3583 25 4 75 2317 15 1574 80 1354 46 2532 23 13104 51 3581 90 852 42 6537 04 3234 if 1561 10 1656 58 ComptrollerGenerals Eeport 925 54 Agents balances charged off 56 Gross loss on sale or maturity of ledger 5 Bonds per schedule D 367 50 57 Total disbursements 580675 07 VLedger Assets 1 Book value of real egtat gche Mortgage loans on real estate per schedule B firsV iiens 2 JJ 3 Loans secured by pledge of bonds stocks or other collat erals per schedule C 4 Book value of bonds 14S31986 and stocks fWOOO Oo per schedule D 5 Cash in companys office 173319 86 6 Deposit in trust companies and banks not on interest 10366 per Schedule N 7 Deposit in trust eompanieV and backs on eres per 7969 schedule N 1 8 Premiums in course of collection viz On 6 policies or renewals issued on or after October 1 1914 Accident 558208 health 345133 liability 14135455 workmens compensation 1434524 surety 9746 plate glass 678629 burglary and theft 238592 auto and teams property damage 1642736 workmens collective 327275 total 193702 98 On policies or renewals issued prior to Oc tober 1 1914 Accident 144859 health 112055 liability 172252 surety 1000 plate glass 4400 bur glary and theft 3600 auto and teams property damage 24442 total 4626 08 25 Total 26 Bills receivable 198329 06 27 Other ledger assets viz 13438 26 28 Advance on contracts secured 29 Agents balances 1952 61 4182 20 31 Ledger assets as per balance Item 58 1006 186 65 NonLedger Assets 32 Interest due 85862 and accrued 302298 on mortgages per schedule B 4 3881 60H 926 ComptbollebGekebals Eepoet 33 Interest due 20000 and accrued 26667 on bonds per schedule D part 1 466 67 34 Interest due 15750 and accrued 35750 on collateral loans per schedule C part 1 515 00 35 Interest accrued on deposits in banks 1088 03 38 Rents accrued on companys property or lease 2861 09 44 Gross assets 1014999 04 Deduct Assets Not Admitted 46 Bills receivable 13438 26 47 Agents balances 4182 20 50 Premiums in course of collection written prior to Octo ber 1 1914 4626 08 53 Book value of ledger assets over market value viz Bonds 4190 18 Certificates of dep and dep in bank not subject to check 44758 91 Mortgage liens other than first 2750 00 Bank stock transferred to nonadmitted suggestion of company 25000 00 58 Admitted assets 914502 73 VLiabilities 1 Losses and claims adjusted Health 28175 plate glass 10427 auto and teams property damage 55650 workmens collective 14955 total 1092 07 2 Losses and claims reported or in process of adjustment Accident 98500 health 197625 plate glass 512 79 burglary and theft 51900 auto and teams prop erty damage 650000 workmens collective 48354 total 10976 58 4 Losses and claims resisted Accident 820000 health 245775 surety 100000 plate glass 80000 bur glary and theft 35000 auto and teams property damage 90000 total 13707 75 5 Total losses and claims Accident 918500 health 4 71575 surety 100000 plate glass 141706 bur glary and theft 86900 auto and teams property damage 795650 workmens collective 63309 to tal 25776 40 ComptrollerGenerals Eeport 6 Deduct reinsurance Accident 2142 health plate glass 8975 total 7 Net unpaid claims except liability and workmens com pensation excluding expenses of investigation and adjustment Accident 916358 health 4277 00 surety 100000 plate glass 132731 burglary and theft 86900 auto and teams property damage 7 95650 workmens collective 63309 total 17 Special reserve for unpaid liability and workmens comp losses 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 50000 health 10000 surety 10000 burglary and theft 5000 auto and teams property damage 15000 total 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 43986991 un earned premiums fifty per cent 219 934 93 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 207466 un earned premiums pro rata 1 592 06 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 206540 health 127699 liability 3635856 workmens com pensation 251042 surety 2437 plate glass 2 43520 burglary and theft 71578 auto and teams property damage 443539 workmens collective 81819 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 Eeinsurance 42 Other liabilities viz Commuted commissions on life re newals 927 549 92 25226 48 102309 96 900 00 221526 99 50640 30 1950 00 5000 00 253 22 3601 95 51 Total amount of all liabilities except capital 411 408 90928 ComptrollerGenerals Report 52 Capital actually paid up in cash 300540 00 53 Surplus over all liabilities 202553 83 54 Surplus as regards policyholders 55 Total liabilities 503093 83 914502 73 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 1491411 health 1150618 liability 3063332 surety 87778 plate glass 200539 burglary and theft 134551 auto and teams property damage 580582 workmens col lective 323 total Gross losses paid Accident 1930888 health 1238949 liability 1387241 fidelity 16184 surety 63327 plate glass 89901 burglary and theft 70850 auto and teams property damage 275439 total 67091 34 50727 79 GLOBE INDEMNITY COMPANY OF NEW YORK 45 William Street Henry W Eaton President A Duncan Reed Secretary W B Hoyt Attorney for Service 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 3426541 57 IIIncome 1 Gross premiums written and renewed during the year Ac cident 27932750 health 10898785 liability 1 79995114 workmens compensation 149610927 fi delity 15441202 surety 59878916 plate glass 15409380 steam boiler 7999496 burglary and theft 32480997 fly wheel 1257763 auto and teams prop dam 37267257 workmens collective 379722 total 5385523 09 2 Deduct reinsurance Accident 3282445 health 876283 liability 1872222 workmens compensation 3186222 fiComptrollerGenerals Report 929 delity 1874718 surety 10712733 plate glass 3350 steam boiler 2 09755 burglary and theft 6508678 fly wheel 38846 auto and teams prop dam 498 total 3 Deduct return premiums on policies cancel led Accident 716781 health 3633 62 liability 43115341 workmens compensation 17773922 fidelity 14 47787 surety 5108565 plate glass 679284 steam boiler 2021596 bur glary and theft 1739710 fly wheel 228852 auto and teams prop dam 4945156 workmens collective 879 76 total 4 Deduct premium on policies not taken Ac cident 5431680 health 2337455 liability 26061600 workmens com pensation 15185507 fidelity 10233 37 surety 4014880 plate glass 21 10075 steam boiler 1717771 burg lary and theft 5728814 fly wheel 4 24262 auto and teams prop dam 72 49333 total 285647 54 782283 32 712847 14 5 Total deductions Accident 9430906 health 35771 liability 71049163 workmens compensation 361 45651 fidelity 4345842 surety 19836178 plate glass 2792709 steam boiler 3949122 burglary and theft 13977202 fly wheel 691960 auto and teams prop dam 12193991 workmens collective 87976 totals 1780778 00 25 26 27 Net premiums Accident 18501844 health 7321685 liability 108945951 workmens compensation 1 13465276 fidelity 11095360 surety 40042738 plate glass 12616671 steam boiler 4050374 burg lary and theft 18503795 fly wheel 565803 auto and teams prop dam 25073266 workmens collect ive 291746 total 3604745 09 xross interest on bonds and dividends on stocks less 2 72140 accrued interest on bonds acquired during 1914 per Schedule D 104188 60 Gross interest on deposits in trust companies and banks per Schedule N 9838 Q7 Gross interest from all other sourees Miscellaneous inter est 122 01930 ComptbolleeGeneeals Kepoet 39 Gross increase by adjustment in book value of ledger as sets viz Bonds per Schedule D 2378 52 40 Total income 3721272 29 IIIDisbursements 1 Gross amount paid for losses Accident 9902260 health 3672361 liability 65657868 workmens compensa tion 26813333 fidelity 3380083 surety 192393 82 plate glass 5082801 steam boiler 917304 burglary and theft 11109594 fly wheel 50000 auto and teams prop dam 9002642 workmens col lective 123590 totals 1549512 18 2 Deduct reinsurance Accident 1488060 health 596539 surety 9777107 burglary and theft 2560121 total 144218 27 3 Deduct salvage Schedule H Accident 200 health 4375 liability 6127 95 workmens compensation 615850 fidelity 629309 surety 2185296 plate glass 87943 burglary and theft 40232 auto and teams prop dam 3 77114 total 45531 14 4 Total deductions Accident 1488260 health 600914 liability 612795 workmens comp 615850 fidel ity 629309 surety 11962403 plate glass 87943 burglary and theft 2600353 auto and teams prop dam 377114 total 189749 41 5 Net amount paid policyholders for losses Accident 84 14000 health 3071447 liability 65045073 work mens compensation 26197483 fidelity 2750774 surety 7276979 plate glass 4994858 steam boiler 917304 burglary and theft 8509241 fly wheel 50000 auto and teams property damage 8625528 workmens collective 123590 total 1359762 77 18 Investigation and adjustment of claims viz Accident 2 94121 health 66197 liability 15185456 work mens compensation 8354709 fidelity 260896 surety 596274 plate glass 58682 steam boiler 7905 burglary and theft 595726 auto and teams property damage 2104530 workmen s collective 82 il total 275327 57 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Ac cident 5759899 health 2257238 liability 257ComptrollerGenerals Eeport 931 llliiIT111 comPensati 15266929 fidelity 28945 41 surety 10411309 plate glass 4150674 steam boiler 1050340 burglary and theft 50097 L 82752 aut0 and teams property dam 29 SaW V 109115 workmen8 collective 70920 total 784 184 43 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 272 p 30 Salares traveling and all other expenses of agents not paid by commissions F 32 r 17zil S 36 State taxes on premiums 38803 34 37 Insurance department licenses and fees f I 3 38 All other licenses fees and taxes 6378 4 40 City and county taxes 41 Miscellaneous taxes and fees r621 15 42 Internal revenue stamps 1Mi 61 43 Legal expenses 269 7 44 Advertising 1732 35 45 Printing and stationery 3908 58 46 Postage telegraph telephone and express 47 Furniture and fixtures 17822 34 49 Other disbursements 9189 78 Auditors fees 1500 exchange 14804 fia A Miscellaneous expenses 1648 4 56 Gross decrease by adjustment in book value of ledger as 1822 sets viz Bonds per Schedule D 1 032 99 57 Total disbursements 3114727 97 IVLedger Assets 4 Book value of bonds 224077275 and stocks 678659 per Schedule D 7 Deposits in trust companies andbanks oninterest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 3621385 health 1736879 liability 148999 63 workmens compensation 173225 10 fidelity 1115518 surety 49527 94 plate glass 2281835 steam boiler 1502672 burglary and theft 42 35403 fly wheel 317453 auto and teams prop dam 3396645 workmens collective 6929 total 553899 g6 2919431 75 463037 03932 ComptrollerGenerals Report On policies or renewals issued prior to Oc tober 1 1914 Accident 105128 health 40785 liability 1262809 workmens compensation 1512335 fi delity 266706 surety 1817352 plate glass 102369 steam boiler 89 76 burglary and theft 41301 fly wheel 4700 auto and teams property damage 165057 workmens collect ive 9857 total 53373 75 25 Total 27 Other ledger assets viz 28 Agents balances and sundry accounts 29 Workmens compensation reinsurance 30 New York State Workmens Compensation Commission de posit 607273 61 3074 00 39396 62 31 Ledger assets as per balance Item 58 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 41 Other nonledger assets viz LaSalle Street Trust and Savings Bank salvage 4033085 89 33330 83 12500 00 44 Gross assets 4078916 72 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1913 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 53 Book value of ledger assets over market value viz Bonds and stocks Agents balances and sundry accounts 53373 75 17597 06 71901 75 3074 00 145946 56 58 Admitted assets 3932970 16 VLiabilities 1 Losses and claims adjusted Accident 43250 health 67500 plate glass 35500 burglary and theft 157 62 total i620 12ComptrollerGeneral s Report 933 2 Losses and claims reported or in process of adjustment Accident 2260350 health 556500 fidelity 4 57313 surety 7909665 plate glass 289100 steam boiler 54000 burglary and theft 1412288 auto and teams property damage 1346500 work men a collective 5400 total 142 911 16 3 Losses and claims incurred but not reported Accident 36500 health 31000 fidelity 1052147 surety 1449648 plate glass 200 steam boiler 500 auto anT teams prop dam 950 total 27 342 95 4 Losses ami claims resisted Accident 5750 health 650 surety 24580 burglary and theft 2300 auto and teams prop dam 5835 total 39115 00 5 Total losses and claims Aecident 29151 health 700 fidelity 1509460 surety 118173 13 plate glass 3446 steam boiler 1040 burglary and theft 16 58050 auto and teams prop dam 20250 workmens collective 5400 total 210989 23 6 Deduct reinsurance per Schedule E Accident 1966 health 572 surety 3302990 burglary and theft 2 59333 t0tal 3816123 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and adjust ment Accident 27185 health 6628 fidelity 15 09460 surety 8514323 plate glass 3446 steam boiler 1040 burglary and theft 1398717 auto and teams prop dam 20250 workmens collective 54 17 t0t I 172828 00 17 Special reserve for unpaid liability and workmens compen Sati0n 0SSes 506476 24 20 Total unpaid claims 679304 24 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 750 health 350 fidelity 775 surety 488985 burglary and theft 500 auto and teams prop dam 4000 total 11 264 85 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date oT policy 2906 70045 unearned premiums fifty per cent 1 453 350 18 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 364 84542 unearned premiums pro rata 188 610 36 29 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1914 viz Accident 1133131 health 5 51111 liability 3269051 workmens compensation934 ComptrollerGenerals Report 2510031 fidelity 296170 surety 1319424 plate glass 768066 steam boiler 391897 burglary and theft 1134664 fly wheel 78093 auto and teams prop dam 771717 workmens collective 1417 to tad 122247 72 34 Salaries rents expenses bills accounts fees etc due or accrued 10000 00 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 500 00 39 Return premiums 12379 94 40 Reinsurance 13918 63 42 Other liabilities viz Agents credit balances 1704 39 Federal taxes 309 50 Voluntary reserve for claims and contingencies 232402 94 51 Total amount of all liabilities except capital 2775492 75 52 Capital actually paid up in cash 750000 00 53 Surplus over all liabilities 407477 41 54 Surplus as regards policyholders 1157477 41 55 Total liabilities 3932970 16 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renew ed during the year Accident 9685 liability 1444 31 fidelity 2310 surety 166 plate glass 2965 total 1595 57 Gross losses paid Liability 914 40 HARTFORD ACCIDENT INDEMNITY CO OF HARTFORD CONN 125 Trumbell Street R M Bissell President Jas L D Kearney Secretary Egleston Prescott Attorneys for Service 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 1532346 59 I Extended at 1532846 59ComptrollerGenerals Report 935 IIIncome 1 Gross premiums written and renewed during the year Accident 4816358 health 1596525 liability 899 69484 workmens compensation 24885931 fidelity 2181329 surety 4478422 plate glass 3144150 burglary and theft 11321766 auto and teams prop erty damage 11178069 total 1535 u 2 Deduct reinsurance Accident 301228 health 147913 liability 57893 fi delity 17125 surety 638062 bur glary and theft 811794 total i974o i5 3 Deduct return premiums on policies can celled Accident 27049 health 74 21 liability 6472147 workmens compensation 723809 fidelity 177 03 surety 118934 plate glass 57L 14 burglary and theft 347930 auto and teams property damage 599437 total aa r 83715 44 4 Deduct premium on policies not taken Ac cident 1167093 health 355835 li ability 9325680 workmens compen sation 4408117 fidelity 123472 surety 162347 plate glass 822148 burglary and theft 2226404 auto and teams property damage 2057364 totaI 206484 60 5 Total deductions Aceident 1495370 health 511169 liability 15855720 workmens compensation 51 31926 fidelity 158300 surety 919343 plate glass 879262 burglary and theft 3386128 auto and teams property damage 2656801 total 309940 19 6 Net premiums Accident 3320988 health 1085356 liability 74113764 workmens compensation 197 54005 fidelity 2023029 surety 3559079 plate glass 2264888 burglary and theft 7935638 auto and teams property damage 8521268 total 1225780 15 23 Gross interest on mortgage loans per sehe dule B 9025 00 25 Gross interest on bonds and dividends on stocks less 231557 accrued interest on bonds acquired during 1914 per sclied ue D 59695 36 26 Gross interest on deposits in trust com panies and banks per schedule N 1 675 02936 ComptrollerGenerals Keport 27 Gross interest from all other sources In terest on bills receivable 41 07 31 Total gross interest and rents 70436 45 32 From other sources Increase to surplus paid in by stock holders 50000 00 38 Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 125 00 40 Total income 1446341 60 IIIDisbursements 1 Gross amount paid for losses Accident 366380 health 136860 liability 22484802 workmens compensa tion 1742735 plate glass 141421 burglary and theft 616184 auto and teams property damage 1034169 total 265225 51 2 Deduct reinsurance Accident 11339 health 10178 total 215 17 3 Deduct salvage Auto and teams property damage 10 00 4 Total deductions Accident 11339 health 10178 auto and teams property damage 1000 total 225 17 5 Net amount paid policyholders for losses Accident 3 55041 health 126682 liability 22484802 work mens compensation 1742735 plate glass 141421 burglary and theft 616184 auto and teams prop erty damage 1033169 total 265000 84 18 Investigation and adjustment of claims viz Accident 124017 health 26980 liability 5885448 work mens compensation 622769 plate glass 6647 burglary and theft 89049 auto and teams proper ty damage 1973 51 total 00520 61 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 1213805 health 403902 liability 213 44265 workmens compensation 2747508 fidelity 400452 surety 967051 plate glass 762867 bur glary and theft 2557020 auto and teams property damage 1959189 total 323560 59 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 80998 63 30 Salaries traveling and all other expenses of agents not paid by commissions 65789 41 32 Inspection other than medical and claim 17969 60ComptrolleeGenekals Eepoet 937 33 Bents 36 State taxes on premiums 14747 66 37 Insurance department licenses and fees If I 11 38 AH other licenses fees and taxes 864 35 40 City and county tax on premiums 41 Miscellaneous taxes and fees 30 43 Legal expenses 7466 46 44 Advertising 1129 31 45 Printing and stationery 1653 72 46 Postage telegraph telephone and express Z 28 47 Furniture and fixtures 64 28 49 Other disbursements 31305 23 Sub to publications 102258 publication fees 36888 i 391 46 Snb to local boards 117030 surety bonds and insur anee 48670 Revenue tax stamps 1657 00 Home office general expenses 428l44 branch office sundry expenses 231524 total Ra 55 Gross loss on sale or maturity of ledgerasVeis viz Bonds per schedule D 2645 00 57 Total disbursements 945469 87 IvLedger Assets 2 Mortgage loans on real estate per schedule B first liens 190 000 00 4 Book value of bonds per schedule D Z Z 5 Cash in companys office I3b3264 28 7 Deposits in trust companies andbanks oninterest per 8419 schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 1024589 health 453129 liability 12264882 workmens compensation 6432980 fi delity 718705 surety 1202920 plate glass 702639 burglary and theft 1987363 auto and teams prop erty damage 1829100 total 266163 07 On policies or renewals issued prior to Oc tober 1 1914 Liability 331185 work mens compensation 128826 fidelity 385 surety 55675 plate glass 19 63 burglary and theft 13507 auto and teams property damage 279 49 t0ta 5594 90 25 Total 271757 97938 ComptrollerGenerals Report 26 Bills receivable 2300 00 27 Other ledger assets viz Agents sundry balances 7198 16 Funds in hands of workmens compensation reinsurance and inspection bureau per certificate 2645 58 Funds in hands of New York state workmen s compensa tion commission 66 99 Deposit United States treasury department 2600 00 31 Ledger assets as per balance on page three 2033218 32 NonLedger Assets 32 Interest accrued on mortgages per schedule B 1504 17 33 Interest due 75000 and accrued 2207291 on bonds per schedule D Part 1 22822 91 40 Market value not including interest in item 33 of bonds and stocks over book value per schedule D 15055 i 2 44 Gross assets 2072601 L2 Deduct Assets Not Admitted 46 Bills receivable 2300 00 50 Premiums in course of collection written prior to October 1 1914 559490 52 Book value of ledger assets over market value viz Agents sundry balances etc 719S 57 Admitted assets 2057508 06 VLiabilities 1 Losses and claims adjusted All adjusted losses have been paid If paid by check amount has been deducted from bank balances If paid by draft loss remains under column 2 until draft is paid 2 Losses and claims reported or in process of adjustment Accident 697077 health 88036 fidelity 66998 plate glass 4100 burglary and theft 411000 fly wheel 1235100 total 25023 11 5 Total losses and claims Accident 697077 health 880 36 fidelity 66998 plate glass 4100 burglary and theft 411000 fly wheel 1235100 total 25023 11ComptrollerGenerals Eeport 939 6 Deduct reinsurance per schedule E Accident 34 28 burglary and theft 18750 total 221 7g 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 693649 health 88036 fidelity 66998 plate glass 4100 burglary and theft 392250 auto and teams property damage 1235100 total f g 17 Special reserve for unpaid liability and workmens com pensation losses 174842 00 20 Total unpaid claims 199 64o 3 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 10000 health 5000 bur glary and theft 10000 auto and teams property damage 50000 total n sts Uross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 82406168 unearn ed premiums fifty per cent 412 031 00 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 5609077 un earned premiums pro rata 37 703 qq 28 Total unearned premiums as shown by recapitulation page 6 449 739 go 34 Salaries rents expenses bills accounts fees etc due or accrued 6869 48 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 162o9 80 51 Total amount of all liabilities except capital 673261 66 52 Capita actually paid up in cash 750000 00 53 Surplus over all liabilities 634246 40 54 Surplus as regards polieyholders 1 384 246 40 55 Total liabilities 2057508 06 940 ComptrollerGenerals Report HARTFORD STEAM BOILER INSPECTION AND INSURANCE CO OF HARTFORD CONN Lyman B Brainerd President Chas S Blake 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 31st of previous year 5607691 06 IIIncome 1 Gross premiums written and renewed during the year Steam boiler 171301757 fly wheel 9039191 to tal 1803409 48 2 Deduct reinsurance Steam boiler 38618 fly wheel 17500 total 561 80 3 Deduct return premiums on policies cancel led Steam boiler 11565610 fly wheel 557176 total 121227 86 4 Deduct premium on policies not taken Steam boiler 12850979 fly wheel 4 48516 total 132994 95 5 Total deductions Steam boiler 24455207 fly wheel 1023192 total 254783 99 i Net premiums Steam boiler 146846550 fly wheel 8015999 total 1548625 49 22 Inspections 35693 81 23 Gross interest on mortgage loans per Schedule B less 1 16438 accrued interest on mortgages acquired during 1914 M 60979 24 25 Gross interest on bonds and dividends on stocks less 2 35696 accrued interest on bonds acquired during 1914 per Schedule D 161865 57 26 Gross interest on deposits in trust companies and banks per Schedule N 3459 88 27 Gross interest from all other sources From delinquent premiums 34 43 30 Gross rents from companys property including 11000 for companys occupancy of its own buildings 15140 93 Net prem reed during the year were 159218450 40 Total income 1825799 35ComptrollerGeneral s Keport 941 IIIDisbursements 1 Gross amount paid for losses Steam boiler 10048140 fly wheel 285454 total 103 335 94 18 Investigation and adjustment of claims viz Steam boiler 493 03 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes eaDb0iIer 230781 33 F1y wneel u 747 51 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 74 016 96 30 Salaries traveling and all other expenses of agents not paid by commissions 314 964 85 32 Inspection other than medical and claim 559852 6 33 Bents 11000 00 64 Repairs and expenses other than taxes on real estate 7 67 39 35 Taxes on real estate nn 6b State taxes on premiums 25 970 jq 37 Insurance department licenses and fees g65l 44 38 All other licenses fees and taxes 39 Federal corporation tax 3 145 81 40 State of Conn eorp tax 87275 00 41 Municipal taxes 2o48 gJ 42 IT S inter revenue 2000 20 43 Legal expenses 825 3Q 44 Advertising 760 47 45 Printing and stationery 21 397 40 46 Postage telegraph telephone and express 21659 36 47 Furniture and fixtures 422g 69 48 Stockholders for interest or dividends amount declared during the year 120000 0Q 49 Other disbursements Exehange 669 71 Office expenses 77 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D q a 57 Total disbursements 2 55g jo jg IVLedger Assets 1 Book value of real estate per Schedule A 90200 00 2 Mortgage loans on real estate per Sched Ile B 1266145 00 4 Book value of bonds 327197923 and stocks 65091014 per Schedule D 3922889 37 5 Cash in company s office 35 539 79942 ComptrollerGenerals Eeport 139323 79 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Steam boiler 276 90535 fly wheel 851262 total On policies or renewals issued prior to Oc tober 1 1914 Steam boiler 81014 63 fly wheel 217105 total 27 Other ledger assets viz Cash in course of transmission 285417 97 83185 68 54664 63 31 Ledger assets as per balance on page 3 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 33 Interest accrued on bonds per Schedule D Part 1 5877366 23 37209 82 49409 66 44 Gross assets 5963985 71 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1914 83185 68 52 Book value of ledger assets over market value viz 40291 16 Bonds and stocks per Schedule D 180935 37 57 Admitted assets 5659573 50 VLiabilities 2 Losses and claims reported or in process of adjustment Steam boiler 4039869 fly wheel 4175 total 44573 69 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 89623 16 unearned premiums 50 per cent 44 811 57 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 4 41989286 unearned premiums pro rata 2 286 720 33 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 Steam boiler 55381 0T Fly wheel j 702 52 CompteollebGteneeals Eepoet 943 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 42 Other liabilities 25000 00 21656 55 51 Total amount of all liabilities except capital 2 479 845 73 52 Caprtal actually paid up in cash 1000000 00 53 Surplus over all liabilities 2179 727 77 54 Surplus as regards polieyholders 3179727 77 55 Total liabilities 5659573 50 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renew ed during the year Steam boiler 1834970 fly wheel 134102 total J Gross losses paid Steam boiler 690 72 1507 27 INTEESTATE CASUALTY COMPANY OF BIRMINGHAM ALA Henry B Gray President tt m Ah T H M Archibald Jr Secretary W in 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 615194 01 IIIncome 1 Gross premiums written and renewed during the year Accident 380529 health 291571 liability 68 61823 workmens compensation 1488239 fidelity 503586 surety 3203127 plate glass 235184 burglary and theft 100922 auto and teams proper ty damage 150804 workmens collective 2430372 total 2 Deduct reinsurance Accident 65143 health 55023 liability 422210 fi delity 89235 surety 788233 plate glass 36266 burglary and theft 151 97 auto and teams property damage 31837 total 15031 u 156461 57944 CompteolleeGeneeals Eepoet 3 Deduct return premiums on policies can celled Accident 15939 health 117 28 liability 1660904 workmens compensation 10460 fidelity 16493 surety 132901 plate glass 11423 burglary and theft 3050 auto and teams property damage 27331 work mens collective 838955 total 27291 84 4 Deduct premiums on policies not taken Accident 84060 health 51610 liabili ty 725206 fidelity 91550 surety 673912 plate glass 52337 burglary and theft 8350 auto and teams prop erty damage 85700 workmens collec tive 11250 total 17839 75 5 Total deductions Accident 165142 health 118361 liability 2808320 workmens compensation 10460 fidelity 197278 surety 1595046 plate glass 1 00026 burglary and theft 26597 auto and teams property damage 144868 workmens collective 8 50205 total 60163 03 6 Net premiums Accident 215387 health 173210 lia bility 4053503 workmens compensation 1477779 fidelity 306308 surety 1608081 plate glass 1 35158 burglary and theft 74325 auto and teams property damage 5936 workmens collective 15 80167 total 23 Gross interest on mortgage loans per schedule B 2616 84 25 Gross interest on bonds and dividends on stocks peT schedule D 13400 00 26 Gross interest on deposits in trust com panies and banks per schedule N 176 69 27 Gross interest from all other sources 14 84 30 Gross rents from companys property 6000 00 31 Total gross interest and rents 32 From other sources 33 Borrowed money 34 Special collateral 35 Agency Co 40 Total income 96298 54 22208 37 15250 00 400 OO 396 06 134552 97ComptbollerGenebals Eepobt IJIDisbursements 1 G t Paid f0 Josses Accidentj mja aUtp0 annrirs workmens collective 1315256 total a Ueduet reinsurance Liability 30493 au to and teams property damage 8435 total 3 Deduct saivageVsurety im 4 Total deduction Liability 30493 m auto and teams property damage 8435 total 28mUn Pu PliCyhIders oes Accident ty 8 6p7 t6316 Habmty 8954768 ty 8o621 surety 760663 plate glass 1568 32 burglary and theft 3240 auto and teams p ope ty damage 95654 workmens coUective vSJ 18 Investigation and adjusW ofdans viz Jl 24 Commissions and brokerage less amount received on re turn premiums and reinsurance for the following class es Accident 92023 health 75018 liability 15 0 703 fidelity 118588 surety 5824 24 ptte glass 98764 burglary and theft 24481 auto and SJuSTSS damage35639 collective 29 Salaries fees and all other compensationof officers dV reet trustees and home office employees 30 Salaries traveling and all other expenses of agentnoi paid by commissions 32 Inspection other than medical andclaim 33 Rents 34 Repairs and expenses other than tzes on reai eVtate 35 taxes on real estate 36 State taxes on premiums 37 Insurance department licenses and fees 38 All other licenses fees and taxes City taxes 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 47 Furniture and fixtures 48 Guaranteed accounts charged off 49 Other disbursements Interest on borrowed money Internal revenue stamps 945 122177 16 1598 65 120578 51 1717 76 29588 28 138SS 64 1989 61 132 55 960 00 90 73 471 45 2036 71 1074 47 460 47 1685 00 231 25 930 47 1028 58 300 43 2S317 20 350 62 56 68946 ComptrollerGenerals Eeport Actuarys inspections Exchange Sundry expenses 54 Agents balances charged off 57 Total disbursements IVLedger Assets 1 Book value of real estate per schedule A 2 Mortgage loans on real estate per schedule B first liens 3 Loans secured by pledge of bonds stocks or other collat erals per schedule C 4 Book value of bonds per schedule D 5 Cash in companys office 6 Deposit in trust companies and banks not on interest per schedule N 7 Deposits in trust companies and banks on interest per schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 38100 health 23863 liability 535098 workmens compensation 1477779 fi delity 46820 surety 834529 plate glass 3124 burglary and theft 102 74 auto and teams property damage 8500 total 29780 87 On policies or renewals issued prior to Oc tober 1 1914 Accident 75182 health 27570 liability 1419054 fidelity 9388 surety 241594 plate glass 71278 burglary and theft 10334 au to and teams property damage 29142 workmens collective 117168 total 20007 10 850 60 5 i2 86 30 3611 56 210443 79 25 Total 26 Bills receivable 27 Other ledger assets viz 28l Advance to agents 29 Accrued interest overdue 31 Ledger assets as per balance Item 58 NonLedger Assets 32 Interest accrued on mortgages per schedule B 33 Interest accrued on bonds per schedule D Part 1 145000 00 50093 06 1980 00 280275 00 239 72 6929 63 1054 S9 49787 97 1365 96 1376 96 1200 00 539303 19 1194 si 1822 91CompteolleeGeneeals Kepobt 947 34 re accrued oD collated loan per Schedule c 510 51 44 Gross assets 542831 42 Deduct Assets Not Admitted 45 Loans on companys stock 46 Bills receivable 1980 00 50 Premiums in course of collection writ 1365 9S tober 1 1914 etion written pnor to Oc 53 Book valuf asselsor marketiuez 27 W 04 Advance to agents 55 Accrued interest overdue 1376 9 1200 00 58 Admitted assets 516901 40 VLiabilities Lo7z trooTfror in process f Accident 16500 fidelity 106627 surety 2 000 00 pate gas 253 autQ acd teMg J2n 2200 workmens collective 195000 total 5 JT antd clrs Aecident i65oo fiiity i 06627 surety 200000 plate gJasS 25300 aut and teams property damage 2200 workmens col lective 195000 total men s col 6 Deduct reinsurance per Schedule E Accident 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 120 fidelity 1066 27 surety 2 00000 plate glass 25300 auto anteams sZZoir 22oo workmes ive6 20 Total unpaid claims 26 Gross premiums less reinsurance un ailnne sks nmg one year or esg frQm I 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on 0r 8352 liability 187284 workmens compensation 5456 27 5456 27 45 00 5411 27 34267 77 39679 04 24616 81948 ComptrollerGenerals Report 517222 fidelity 16387 surety 292085 plate glass 1093 burglary and theft 3595 auto and teams property damage 2975 total 10423 28 34 Salaries rents expenses bills accounts fees etc due or accrued 164 6 37 Due or to become due for borrowed money 15250 00 42 Other liabilities viz 43 Special collateral 400 00 44 Due Agency Co 396 06 51 Totalamount of all liabilities except capital 90929 81 52 Capital actually paid up in cash 300000 00 53 Surplus over all liabilities 125971 59 54 Surplus as regards policy holders 42591 1 59 55 Total liabilities 516901 40 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 122827 health 115062 liability 1954 surety 26581 plate glass 584 burglary and theft 960 auto and tennis property damage 2996 total 2709 64 Gross losses paid Accident 26873 health 83971 liabili ty 233290 fidelity 84521 surety 54687 plate glass 970 auto and teams property damage 373 06 total 5216 18 INTERSTATE LITE ACCIDENT COMPANY OF CHATTANOOGA TENNESSEE 705706707708709 James Building H D Huffaker President Tas E Watkins Assistant Secretary S M Chambliss Attorney for Service ICapital Stock 1 Amount of capital paid up in cashh 102780 00 2 Amount of ledger assets as per balance December 31 of previous year 204954 47 3 Decrease of paidup capital during the year 65550 00 Par value reduced from 1000 to 600 per shareComptrollerGenerals Report IIIneo 1534 46 tal 4 Deduct premium on policies not taken Ac cident 255870 health 2467 44 plate glass 32216 total 407 58 5348 30 5 Total deductions Accidpnt 3 st o v hu luelH o8oo2 health 2 867 64 plate glass 32573 weekly 22145 total 6 Net premiums Accident 4269422 health 42 687 46 Pae glass 115496 weekly 4690584 total 23 Gross interest on mortgage loans per schedule B 26 Gross interest on deposits in trust com panies and banks per schedule N 27 Gross interest from all other sources Stock notes 32 From other sources Contributed by stockholders acct reduction in par val ue 1000 to 600 per share 8395 76 112 39 468 49 05550 00 40 Total in 949 1 Gross premiums written and renewed during the year 22 mT7tiheath 45555lo Si 148069 weekly 47127 29 total 2 Deduct reinsurance Accident 1222 65 health 31181 total 3 Deduct return premiums on policies can celled Accident 9417 health 8839 plate glass 357 weekly 22145 to come HIDisbursements 1 Gross amount paid for losses Accident 28195 38 5039 2396674 Pate gIass 30188 weekly 17 2 Deduct reinsurance Accident 3655 85 health 31308 total 3 4 Total deduction Accident 365585 health 31308 to tal 5 Net amount paid polieyholders for losses Aceident24 53953 health 2365366 plate glass 30188 week ly 1750397 total 24 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes 7290 34 133442 48 207969 12 69967 97 3968 93 65999 04950 ComptrollerGenerals Eeport Accident Health Plate glass Weekly 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 33 Rents 36 State taxes on premiums 37 Insurance department licenses and fees 38 All other licenses fees and taxes 40 City and county taxes 41 Directors fees and expenses 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 49 Other disbursements 50 Business purchased 51 Collection exchange and discount 52 General expense 54 Agents balances charged off 57 Total disbursements 16134 24 15994 91 291 44 15999 71 10835 39 22297 29 467 50 2911 38 574 39 281 77 3286 26 588 79 459 64 506 76 2365 19 1347 29 7008 65 172 65 1671 97 1142 41 170336 67 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 5 ash in companys office and in bank 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest peT Schedule N 8 Premiums in course of collection viz On policies or re newals issued on or after October 1 1914 Accident 443000 health 440975 plate glass 27000 total 26 Bills receivable 27 Other ledger assets viz 28 Due from agents and others less than 90 days 29 Due from agents and others over 90 days 30 Stationery 120000 furniture and fixtures 441456 31 Ledger assets as per balance on page 3 I 114157 44 2482 18 2947 68 30596 47 9109 75 9825 40 1153 99 1149 45 5614 5G 177036 92ComptrollerGenerals Report NonLedger Assets 32 Interest accrued on mortgages per Schedule B 3o Interest due and accrued on other assets Stock notes 44 Gross assets Deduct Assets Not Admitted 46 Bills receivable 47 Furniture and fixtures 48 Supplies printed matter and stationery 52 Book value of ledger assets over market value v 53 Knoxville Banking Trust Co Knoxville Tenn 57 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident 135000 health 120000 total j 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 16 00000 unearned premiums fifty per cent 34 Salaries rents expenses bills accounts fees etc due or accrued 40 Reinsurance 42 Other liabilities viz 43 Part payment on stock 44 Taxes 45 Due agents and others 52 Capital actually paid up in cash 102780 00 53 Surplus over all liabilities 44031 27 54 Surplus as regards polieyholders 951 2760 62 610 42 180407 36 9825 40 4414 56 1200 00 600 00 164368 00 55 Total liabilities Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 1853274 health 1852688 total Gross losses paid Accident 1363206 health 11413 91 total 2550 00 8000 00 1598 00 100 00 900 00 2600 00 1808 73 146811 27 164368 00 37059 62 25045 97952 ComptrollerGenerals Report LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK William T Woods President Charles E W Chambers Secretary A L Waldo Attorney for Service Atlanta Ga 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 962748 57 IIIncome 1 Gross premiums written and renewed during the year Plate glass 700681 88 3 Deduct return premiums on policies cancel led Plate glass 52629 10 4 Deduct premium on policies not taken Plate glass 60373 98 5 Total deductions Plate glass 113003 08 6 Net premiums Plate glass 23 Gross interest on mortgage loans per Schedule B 25 Gross interest on bonds and dividends on stocks per Sched ule D 30 Gross rents from companys property including 1000000 for companys occupancy of its own buildings 32 From other sources Income tax collected at source 37 From agents balances previously charged off 38 Gross profit on sale or maturity of ledger assets viz Stocks per Schedule D 40 Total income 581678 80 2210 00 23105 50 21957 57 151 16 2508 09 67 64 637678 76 IIIDisbursements 1 Gross amount paid for losses Plate glass 3 Deduct salvage Schedule H Plate glass 234206 37 8070 77 5 Net amount paid policyholders for losses Plate glass 226135 60 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 182269 05 73747 46ComptrollerGenerals Report 953 30 Salaries traveling and all other expenses of agents not paid by commissions 33 Rents including 10000for Companysoccupancvofits n164 own buildings 34 Repairs and expenses otherthan taxes on real ertate til 6 so faxes on real estate 36 State taxes on premiums 6943 00 37 Insurance department licenses and fees J l 38 All other licenses fees and taxes 6461 13 39 Federal corporation tax 40 Emergency stamp tax 564 47 41 County tax 232 26 42 Canada taxes 3 92 43 Legal expenses 1782 98 44 Advertising 1939 16 45 Printing and stationery 5521 47 46 Postage telegraph telephone and express JJJJ JJ 4 Furniture and fixtures 509 79 48 Stockholders for interest or aMdendVamount declared during the year 49 Other disbursements 50000 00 50 Sundry expenses 51 Building reserve fund 4306 6 54 Agents balances charged off 577 56 56 Gross decrease by adjustment in book value of ledger as M sets viz Stocks per Schedule D a OA 07 64 57 Total disbursements 607500 20 rVLedger Assets 1 Book value of real estate per Sched A 255763 18 2 Mortgage loans on real estate per Sched ule B B 60000 00 4 Book value of bonds 28842793 and stocks 25955676 per Schedule D 547 984 69 5 Cash in companys office 2674 6 Deposit in trust companies and banks not on interest per Sched N 20 34 7 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Plate glass 99636 2J On policies or renewals issued prior to Oc tober 1 1014 Plate glass 6525 76 31 Ledger assets as per balance Ttem 58 992 927 13954 ComptrollerGenerals Eeport NonLedger Assets 32 Interest accrued on mortgages per Sched ule B 513 4 33 Interest accrued on bonds per Schedule D Part 1 3247 55 38 Rents due on companys property or lease 425 00 39 Market value of real estate over book val ue per Schedule A 19236 82 41 Other nonledger assets viz 42 Salvage glass on hand 6575 04 43 Sundry accounts 15 00 44 Gross assets 1023069 58 Deduct Assets Not Admitted 47 Salvage glass on hand 6575 04 49 Sundry accounts 145 00 50 Premiums in course of collection written prior to October 1 1914 6525 76 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 35401 88 53 Book value of ledger assets over market value viz Bonds 21389 43 Stocks 43380 76 58 Admitted assets 64770 1 VLiabilities 1 Losses and claims adjusted Plate glass 12789 34 2 Losses and claims reported or in process of adjustment Plate glass 14707 74 3 Losses and claims incurred but not reported Plate glass 8000 00 5 Total losses and claims Plate glass 35497 08 25 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 513987 19 unearned premiums fifty per cent 256993 59 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 114 37622 unearned premiums pro rata 56463 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 1914 viz Plate glass 31883 60ComptrollerGenerals Eeport 955 34 mZru expMe8billsaccount8feesetc o 35 Estimated amount hereafter payable for Federal State and 0 her taxeg based upon the busness Mate this statement 39 Return premiums 10000 00 42 Other liabilities viz 485 46 Building reserve fund Income tax collected at source 654 01 151 16 51 Total amount of all liabilities except capital I ZTZ 52 Capital actually paid up in cash 25000ooo 53 Surplus over all liabilities JgJ 54 Surplus as regards policyholders 55 Total liabilities 909651 71 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renew ed during the year Plate glass Gross losses paid Plate glass 433 12 583 53 THE LONDON LANCASHIRE GUARANTEE ACCIDENT COMPANY OF CANADA A G Mcllwaine Jr II S Manager Bickerstaff Richards Co Attorneys for Service ICapital Stock 1 Amount of capital deposit paid up in cash 517340 00 2 Amount of ledger assets as per balance December 31 of previous year 917490 82 IIIncome 1 Gross premiums written and renewed during the year Accident 10227775 health 3402028 liability 83596313 workmens compensation 603 363 39 fi delity 2841725 surety 4238615 plate glass 84 SS795 auto and teams property damage 144 37 93 workmen collective 235718 total lj878046 M956 ComptrollerGenerals Report 2 Deduct reinsurance Accident 861303 health 190893 liability 740253 workmens compensation 1719384 fidelity 534416 surety 896886 plate glass 692 auto and teams prop damage 7345 total 49497 88 3 Deduct return premiums on policies can celled Accident 337381 health 1 25490 liability 7455267 workmns compsn 5177479 fidelity 329097 surety 166100 plate glass 227383 auto and teams prop dam 12356 45 total 150538 42 4 Deduct premium on policies not taken Accident 2389036 health 800923 liability 16563545 workmens com pensation 8088577 fidelity 185034 surety 453994 plate glass 970756 auto and teams property damage 29 91618 total 324434 83 Total deductions Accident 3587720 health 1117306 liability 24759065 workmens compensation 149 85440 fidelity 1048547 surety 1516980 plate glass 1197447 auto and teams property damage 4234608 totali 524471 13 6 Net premiums Accident 6640055 health 2284722 liability 58S37248 workmens compensation 453 50899 fidelity 1793178 surety 2721635 plate lass 7291348 auto and teams property damage 10202685 workmens collective 235718 total 1353574 88 25 Gross interest on bonds and dividends on stocks per Schedule D 24053 86 26 Gross interest on deposits in trust com panies and banks per Schedule N 8373 54 27 Gross interest from all other sources Mis cellaneous interest 15 49 31 Total gross interest and rents 32442 89 32 From other sources Income tax on salaries of employees 65 00 40 Total income 1386082 77 TITDisbursements 1 Gross amount paid for losses Accident 3230326 health 627582 liability 12673069 workmensComptrollerGenerals Report Z7ZM0n t122mA9 M W0270 surety 4716630 plate glass 2689689 auto and teams property damage 326541 workmens collective 63521 total 2 Deduct reinsurance Accident 1803 49 health 3482 workmens compensa tion 5436 surety 1707500 total 18 967 67 1 Deduct salvage Health 6695 liability 133060 workmens compensation 2 28708 surety 2620834 plate glass 42044 auto and teams property dam age 36838 total Wjm 4 Total deduction Accident 180349 health 10177 lia bihty 133060 workmens compensation 2 34144 surety 4328334 plate glass 42044 auto and teams property damage 36838 total 5 Net amount paid policyholders for losses Accident30 49977 health 617405 liability 125400 09 work mens compensation 12011905 fidelity 40270 sure ty 388296 plate glass 2647645 auto and teams property damage 3228573 workmens collective 63521 total 18 Investigation and adjustment of claimsviz Accident 125090 health 39249 liability 2450784 work mens compensation 1492122 fidelity 28871 sure ty 64060 plate glass 56654 auto and teams property damage 268032 workmens collective 9968 total 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 1777718 health 572250 liability 131 82238 workmens compensation 6234689 fidelity 587905 surety 541471 plate glass 2319357 auto and teams property damage 2069684 work men s collective 44951 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 commmissions 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 38 All other licenses fees and taxes 40 Emergency war revenue tax 41 Federal income tax 957 395525 47 49649 46 345876 01 45348 30 273302 63 143001 90 40193 14 66 25 6967 60 10198 21 8012 65 5945 55 501 26 35 84 958 ComptrollerGenerals Report 42 Exchange on checks and drafts 43 Legal expenses 44 Advertising 45 Printing and stationery 46 Postage telegraph telephone and express 47 Furniture and fixtures 49 Other disbursements 50 Remittances to head office 51 Adjustment in ledger assets return premiums and re insurance changed from paid to written basis 52 Subscriptions to boards and bureaus 53 Miscellaneous expenses 57 Total disbursements 176 25 110 89 4034 87 29406 73 7246 41 11453 22 6876 27 376 80 1945 17 4607 85 945683 80 IVLedger Assets Book value of bonds per Schedule D Cash in companys office Deposits in trust companies and banks on interest per Schedule N Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 1820899 health 666140 liability 7598919 workmens compensation 7496137 fidelity 278327 surety 391499 plate glass 2019430 auto and teams property damage 1222267 total 214936 18 On policies or renewals issued prior to Oc tober 1 1914 Accident 472703 health 249282 liability 3569146 workmens compensation 2543174 fidelity 65917 surety 426823 plate glass 386371 auto and teams property damage 867536 total 85809 52 585960 75 796 89 467386 09 25 Total 300745 70 27 Other ledger assets viz Deposit with New York State Workmen s Compensation Commission 1000 00 Cash in branch offices 700 00 Due from Orient Insurance Co 56 40 Agents balances 1243 96 31 Ledger assets as per balance Item 58 1357889 79CompteollebGeneeals Eepoet 959 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 7 449 3o Interest accrued on other assets Imbalances 2f0 JJ 44 Gross assets 1365630 12 Deduct Assets Not Admitted 50 rT80116 f COlIeCtin WriUen Por t0 Octo 53 Book vahie of ledgerassetVovermaealue 8389 54 Bonds per Schedule D 55 Agents balances 5817 05 1243 96 58 Admitted assets 1272759 59 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 381500 health 146000 fidelity 5832 63 surety 225000 plate glass 305200 auto and teams property damage 1029000 workmens col lective 13500 total 4 Losses and claims resisted Accident Jo 00 5 Total losses and claims Accident 391500 health 1 46000 fidelity 583263 surety 225000 plate glass 305200 auto and teams property damage 10 29000 workmen V collective 13500 total oG9u fi 6 Deduct reinsurance per Schedule E Accident 430 35 health 23510 fidelity 369475 total 4360 20 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 348465 health 1 994 of6117 213788 surety 225000 plate glass 30o200 auto and teams property damage 10 290 00 workmens collective 13500 total 22 574 4i 17 Special reserve for unpaid liability and workmens com pensation losses 136299 57 20 Total unpaid claims I 21 Estimated expenses of investigation and adjustmentof unpaid claims Accident 13095 health 13599 fideli ty 204142 surety 67500 plate glass 5049 au to and teams property damage 76655 workmens collective 1500 total 9o 3815 40960 ComptrollerGenerals Eeport 26 Gross premiums less reinsviranee upon all unexpired risks running one year or less from date of policy 120438090 un earned premiums fifty per cent 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 2847958 un earned premiums pro rata 602190 44 18938 63 28 Total unearned premiums as shown by recapitulation page 6 621129 07 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 495185 health 178493 liability 1936141 workmens com pensation 1350975 fidelity 69507 surety 95278 plate glass 525438 auto and teams property dam age 262060 total 49130 77 34 Salaries rents expenses bills accounts fees etc due or accrued 9396 28 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 40607 25 40 Reinsurance 1358 71 42 Other liabilities viz Income tax on salaries of employees 6500 New York State Workmens Compensation Commission 16602 reserve for contingencies 11384078 total 51 Total amount of all liabilities except capital 54 Surplus as regards policyholders 114071 80 998383 28 274376 31 55 Total liabilities 1272759 59 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 112916 health 91701 liability 383284 fidelity 27689 plate glass 7292 auto and teams property damage 195 78 total Gross losses paid Accident 92679 health 14590 liabili ty 31465 auto and teams property damage 10138 total 6424 60 1488 72ftrollerGeneral Report LONDON H7AKANTEE AcCIDENT 0o Lm 0F ft 134 South LaSalle Street F W Lawson General Manager for S J L Riley Attorney for Service ICapital Stock 1 Amount of deposit capital paid up in cash 30liOO 00 2 Amount of ledger assets as nor balance December 31 of previous year 43K035 1 TT T iiIncome 1 Gross premitnns written and renewed during the rear Accident 17092398 health 5065952 liability 2 42918oH workmens compensation 236111194 steam boiler 4280770 burglary and theft 194 342 99 credit 36088241 auto and teams property dam age 28564876 workmens collective 8109078 n l 5976653 22 TA Deduct reinsurance Accident 19725 34 j health 712601 liability 5267111 steam boiler 664899 burglary and Hioft 2101963 credit 4051100 auto andteams property damage 670 workmens collective 5827 total 64372 01 3 Deduct return premiums on policies can celled Accident 489876 health 1 77643 liability 32707674 work mens compensation 22805223 steam boiler 439019 burglary and theft 908475 credit 30583 auto and teams property damage 3i92l 35 workmens collective 2101789 total 4 Deduct premium on policies ot taken Ac cent 2557819 health 1068661 balnhty 29015045 workmens com pensation 24563892 steam boiler 707853 burglary and theft 42488 31 crefa590000iauto and teams 033584 17962 ComptrollerGenerals Report property damage mens collective 4816190 work 138975 total 679132 65 Total deductions Accident 5020229 health 1958904 liability 62249420 workmens compensation 473 69115 steam boiler 1811771 burglary and theft 7259269 credit 1097583 auto and teams proper ty damage 8507655 workmens collective 24349 37 total 1377088 83 6 Net premiums Accident 12072169 health 3107048 liability 180669094 workmens compensation 1 88742079 steam boiler 2468999 burglary and theft 12175030 credit 34990658 auto and teams property damage 20057221 workmens collective 5674141 total 4599564 39 23 Gross interest on mortgage loans per Schedule B 25 Gross interest on bonds and dividends on stocks per Schedule D 26 Gross interest on deposits in trust com panies and banks per Schedule X 27 Gross interest from all other sources 28 On deferred premiums 29 On deposit with Workmens Compensation Reinsurance Bureau 50 141551 34 1518 20 984 90 730 77 31 Total gross interest and rents 32 From other sources Remittance from home office 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 145047 71 169830 73 27146 71 40 Total income 4941589 54 IIIDisbursements Gross amount paid for losses Accident 6014346 health 1356629 liability 112429175 workmens compensation 53271688 steam boiler 418646 burglary and theft 5653846 credit 23158476 auto and teams property damage 6310376 work mens collective 5374758 total 2038878 40 Deduct reinsurance Accident 435704 health 166034 steam boiler 2043 29 burglary and theft 165252 total 9713 19 ComptrollerGenerals Keport 963 3 Deduct salvage Burglary and theft 1 27165 credit 8797105 total 89242 70 4 Total deductions Accident 435704 health 166034 steam boiler 204329 burglary and theft 2924 17 credit 8797105 total 98955 89 5 Net amount paid policvholders for losses Accident 55 8642 health 1190595 liability 102429175 work men s compensation 53271688 steam boiler 2142 17 burglary and theft 5261429 credit 143613 71 auto and teams property damage 6310376 work men s collective 53747 58 total 1 Investigation and adjustmentJ Accident 610146 health 3711 liability 325150 23 workmens compensation 11995739 total 24fi ln Burglary and theft 166512 credit 525542 total 69S 54 Auto and teams property damage 7Z I 24 Commissions or brokerage less amount received onre turn premiums and reinsurance for the following class Accident 4022917 health 963272 liability 457 Steam oilIr0rkmenS 28464007total 791659 03 Burgary and theft WmY mwH total wJS 80 Auto and teams property damage 5148460 workmens collective 1395034 total 29 Salaries fees and all other compensation of officersdV fetors trustees and home office employees 141 866 10 30 Salaries traveling and all other expenses of agents not paid by commissions 2 SSSS 36 State taxes on premiums 11719 84 37 Insurance department licenses and fees A fc 38 AH other licenses fees and taxes 36 39 Federal corporation tax 40 City licenses 48935 consular fees 32411 total Jf J 41 Personal property tax 405122 income tax steriing bonds 2465 total 42 Special war taxes stamps 4075 87 43 Legal expenses Sd 83 44 Advertising 1097 69 45 Printing and stationery JJJJ 4 46 Postage telegraph telephone and express fi08o 11 47 Furniture and fixtures 2 68 48 Stockholders for interest or dividends amount declared dunng the year remitted home office 12 58 964 ComptrollerGenerals Report 49 Other disbursements 50 Office and general expenses 963537 investment ex pense 324332total 12878 ef 51 Exchange 93980 collection charges 1100 total 52 Bureau and other subscriptions 20280 54 53 Workmen s Compensation Inspection and Rating Board 2495 54 55Orossksson sale or maturity of ledger assets viz Bonds per Schedule D i3 25 57 Total disbursements IVLedger Assets 4073709 29 2 4 5 7 8 25 27 31 Mortgage loans on real estate per Schedule B first liens 5000 00 Book Value of bonds per Schedule D i 3888203 59 Cash in companys office 87S 71 Deposits in trust companies and banks on interest per Schedule N Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 2210914 health 863098 liability 343sl 254 workmen a compensation 3058683 Mean boiler 775234 burglary and theft 2873759 credit 2834750 au to and teams propertydamage 35304 18 workmens collective 72913 to tal 802638 93 On policies or renewals issued prior to Or tober 1 1914 Accident 186559 health 742Att liability 7937040 workmens compensation 6375661 steam boiler 63143 burglary and theft 171841 credit 95100 auto and teams prop dam 524393 work mens collective 14542 total 154423 85 1 017 00 Total 10100 Other ledger assets viz Working funds in hands of agents biposit withNew York compensation commission 5515 Workmens Compensation Reinsurance Bureau Agents suspense 15S2U50 traveling snpenso 1300 1 7 1 0 8 total 11 Ledger assets as per balance Item 5S ilj991o 78 00 00 09 4432 33 ComptrollerGenerals Report NonLedger Assets Interest accrued or mortgages por Hchedule B Interest accrued on bonds per Schedule D fp 965 41 69062 66 04 44 Gross assets 5249019 14 50 52 53 54 55 567 Deduct Assets Not Admitted PrSTs1vourse coertion m IP to octo Market value of special jjj Jgg C habhtes per special deposit schedule Book value of ledger assets over Wke7vaic Agents working funds Agents suspense lV0 50 HVllil 39 total traveling suspense 1300 PonTpensation ReinsuranceBureau reserve Advice of award Xew York Compensation mon1 119798 15300 17120 1438 2638 85 80 59 00 89 17 58 Admitted assets j 4934150 95 VLiabilities 2 44 Losses and claim reported or in process of adjustment Accent 2228600 health 2300 101000 burglary and theft 12775m redit on pol icies exprng prior to Oct 1914 901000 auto and teams property damage 5200172 workmen collec tive 1557449 total 3 LTo5 1 ipSI5 20o3 00 health sl 700 burglary and theft 1 Sfttf 00 auto and teams property damage 134500 work men s collective total woik 4 Losses d claims resisted mV and theft o52 00 credit o poicies expiring to Oct 1914 4900000 total J 5 TotaJIosses and claims Accident 7398900 health 3 19 6 or31011 Wlary and theft L963oOO credit on policies expiring prior to Oct J 14 5800000 auto and teams perty feg 4 0102 workmens collective 1004299 total 6 Deduct reinsurance per Schedule fii Accident 387 50 health 22000 burglary and theft 2094 00 credit on pohces expiring prior to Oct 1914 900000 total 115621 21 6018 I W4175 50 00 225814 71 44201 5d 7 Xet unpaid claims except liability and workmen g com 966 ComptrollerGenerals Keport pensation claims excluding expenses of investigation and adjustment Aeeident 4110150 health 2 90700 steam boiler 101000 burglary and theft 1754100 credit on policies expiring prior to Oct 1914 4900000 auto and teams property damage 5401072 workmens collective 1004299 total 181613 21 17 Special reserve for unpaid liability and workmens com pensation losses 1725092 30 18 Special reserve for credit losses on policies expiring in October November and December 1914 being fifty per cent of 11305500 gross premiums received on said policies less 403183 paid during said months on loss es under said policies 52495 67 19 Special reserve for accrued losses on credit policies in force December 31 1914 being fifty per cent of 147 08721 earned premiums on said policies 73543 id 20 Total unpaid claims 2032744 78 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 1000 00 Burglary and theft 10000 credit 200000 auto and teams property damage 40000 total 2500 00 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 308004525 un earned premiums fifty per cent 15 10022 62 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 24043077 unearned premiums pro rata 122ii 15 70 28 Total unearned premiums a shown by recapitulation page 6 1662938 32 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 739614 health 290107 liability 7508824 workmens compensation 6113727 total 140522 72 Steam hoiler 2278 82 Burglary and theft 982882 credit 850425 total 18333 07 Auto and teams property damage 853092 workmens collective 174573 total 10276 65 34 Salaries rents expenses bills accounts fees etc due or accrued 1748 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 57315 12ComptrollerGenerals Eeport c67 39 Return premiums 40 Reinsurance 74903 81 41 Advance premiums one hunted peV cent VV J 42 Other liabilities viz 812 oO 43 Reserve for attorney fees and legal expenses 10000 00 51 Total amount of all liabilities except capita 777777 52 Capital actually deposited VnVnnn 53 sUrpuS over an liabimies gJ2 54 Surplus as regards policyholders Qn 9 907035 4 55 Total liabilities 4934150 95 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re 108e0 49 Tlrr year ACddent 298633 hh 108049 habihty 1256915 steam boiler 24 36 burglary and theft 101353 auto and teams proper ty damage 184585 workmens collective 1752 to Gross srisstT io3597 uath 2s2i3 9453 47 heft 268 Pol feambiler S Wlary and tnett 26820 auto and teams property damage 887 00 workmen s collective 136 total um j LOYAL PROTECTIVE INSURANCE COMPANY OF BOSTON MASS 581 Boylston Street S Augustus Allen President v W a 4 Francis R Forbes Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up m cash 100000 00 2 Amount of ledger assets as per balance 4EXsb3ofpreviousyear v 432309 75 IIIncome 1 Gross premiums written and renewed during the year Accident and health 575017 47OH 968 ComptrollerGenerals Kkport t3 Dexjuet return premiums on policies cancelled Accident and health r hi 6 Net premiums 21 Policy fees required or represented by applications 25Gross interest on bonds and dividends on stocks less 43391 accrued interest on bonds acquired during 1914 per Sched ule D 26 Gross interest on deposits in trust com panies and banks per Schedule X 30 Gross rents from company s leased proper ty i4sg 09 20S0 22 480 00 572352 63595 52 00 31 32 37 Total gross Interest and rents From other sources Checks not presented for collection From agents balances previously charged off 16046 31 35 23 30 45 40 Total income 1 18 23 24 29 30 31 33 36 37 38 TITDisbursements 1 012059 81 54h 52 2648 69 63287 00 Gross amount paid for losses Accident and health f Investigation and adjustment of claims viz Accident and health Policy fees retained by agents Commissions or brokerage less amount received on re turn premiums and reinsurance for the following class es Accident and health 58127 59 Salaries fees and all other compensation oi offipsig di rectors trustees and home office employees 8118b 20 Salaries traveling and all other expenses of agents not paid by commissions Medical examiners fees and salaries Bents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax 50797 custody of funds Mass 5136 franchise tax Calif 151Hi Tonn 2000 Tex 10000 Vt 4lln New lriinswicl 250i City 8380 2 201 0 6768 00 8903 10 3390 25 43 44 45 46 47 f Toronto 11313 Sask 1000 III filing fee liio Secy State of Mass certificate 1075 total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures 111 37 5224 85 1231 22 79 7H SMIX 20 977 76CWtbOLLEHGeXSBALS RePOBT 9 48 StteZfr ifereSt dideds oMt declared during the year 49 Other disbursements Um cations o90 office supplies 2llff90 officers trav erses y 5 g rsSaf967oftycash859fe j Agents balances charged off 4675 59 ieaseby 306 90 fs vz Bonds per Schedule D 57 Total disbursements 558 25 01012s in TVLedger Assets Ml FTaTuof bonds 31999364 and stocks 411092 per Schedule D iJ 361103 OP 1100 00 112038 52 5 Cash in companys office 7 Deposits in trust companies ahdbanks bn interest per Schedule X per J redger assets as per balance Item 58 47455 NonLedger Assets i ntrSr TSBi 1 4534 57 44 Gross assets 478776 12 Deduct Assets Not Admitted 53 Book value of ledger assets over market value viz Bonds 670364 stocks 300939 total 7li 3 58 Admitted assets 469063 09 VLiabilities 2 Losses and claims reported or in process of adjustment Accident and health 3 Losses and laims incurred but not urieU Ahentz m health 4 Losses and claims resist Accident and health JJJ JJ 5 Total losses and claims Accident and health jfM 7Tn ni1 nn 21 Estimated expenses of investigation and adjustment of unpaid claims Accident and health ge 970 ComptrollerGenerals Report 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 15222150 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 premiums one hundred per cent 51 Total amount of all liabilities except capital 52 Capital actually paid up in cash 100000 00 53 Surplus over all liabilities 140837 32 54 Surplus as regards policyholders 55 Total liabilities Business in the State of Georgia During 1914 Gross premiums less return premium 1575 on risks written or renewed during the year Accident and health Gross losses paid Accident and health 101481 00 500 00 10000 00 5958 50 228225 77 240837 32 469063 09 2732 75 2122 43 MARYLAND CASUALTY CO OF BALTIMORE MD John T Stone President James F Mitchell Secretary A Hass Son Dowell Attorneys for Service 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 676441 11 TIIncome QroSB premiums written and renewed hiring the year Ac cident 83491375 health 34558438 liability 2 85611159 workmens compensation 138884601 fi delity 46315947 surety 64825601 plate glasa 33596455 steam boiler 34898565 burglary and theft 40794501 sprinkler 19201719 fly wheel 3916872 auto and teams prop dam 21958091 workmens collective 3908646 phys defense 50 41191 total 8170031 61 ComptrollerGeneral s Eeport 2 Deduct reinsurance Accident 42 40710 health 1280401 liability 43776 fidelity 5805364 surety 3500750 plate glass 31735 steam boiler 359 44 burglary and theft 12609 80 sprinkler 169206 fly wheel 478 82 phys defense 21500 total lfis q9 Q 3 Deduct return premiums on policies cancel led Accident 141318 health 559 63 liability 19818330 workmens compensation 7505364 fidelity 14 i6J4qsurty f136J4 vlate Md49 steam boiler 1071940 bur glary and theft 202620 sprinkler 4928 fly wheel 91020 auto and teams prop dam 1608806 workmens collective 291818 phy defense 238 40 total 4 Deduct premium on policies not taken Ac eident 13244070 health 68 217 14 Lability 53864973 workmens comp 27283174 fidelity 8119668 surety 110o4981 plate glass 5880036 stm blr 7951118 burg theft 76 277 7 7 sprinkler 5144668 fly wheel 9 71945 auto and teams property dam 4141295 workmens collective 7 05223 phys defence 900762 total 1537 114 04 349857 37 5 Total deductions Accident l7fi sq ac u i r em i b28398 health 81580 78 85B87fiV10J WrkmenS PensItLn 347 88538 fidelity 15332659 surety 16769345 plate SS Sim5 steanakoiIer iS heft 9091377 sprinkler 5741802 fly wheel 11 10847 auto and teams prop dam 5750101 work mens collects 997041 py llef t 971 055293 80 6 Net premiums Accident 65862977 health 264003 60 040 96063 fidehty 30983288 surety 480 562 56 Pate glass 27561435 steam boiler 25839563 bur glary and theft 31703124 sprinkler 13459917 wheel 28060 25 auto and teams prop dam 162 95c8r 23 Gross interest on mortgage loans per schedule B 6114737 81 106 08972 ComptrollerGenerals Report 25 Gross interest on bonds and dividends on stocks less 3 32848 accrued interest on bonds acquired during 1914 per Schedule D 26 Gross interest on deposits in trust companies and banks per Schedule N 27 Gross interest from all other sources 28 Bills receivable 404582 branch offices 35263 prem iums 5353 29 On deposit with Casualty Underwriters of Canada 30 Gross rents from companys property including 5588798 for companys occupancy of its own buildings 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 39 Gross increase by adjustment in book value of ledger as sets viz Bonds per Schedule D Stocks per Schedule D 182698 08 299371 40 Total income 4451 98 37 50 107689 77 3291 25 55 00 59689 2 7510 00 6483260 41 IIIDisbursements 1 Gross amount paid for losses Accident 41308159 health 13528210 liability 137921170 workmens compensation 32572833 fidelity 18562001 surety 28128597 plate glass 11408597 steam boiler 29 95453 burglary and theft 8677867 sprinkler 57 86181 rly wheel 179101 auto and teams prop hi m 5556791 workmens collective 1246719 phys defense 2487003 total 3103586 82 2 Deduct reinsurance Accident 4402410 health 890111 fidelity 59928 surety 276434 burglary and theft 4250 sprinkler 1236 total 56343 69 3 Deduct salvage Schedule H Liability 206981 fidelity 8406477 surety 17295406 plate glass 346629 stm boiler 53250 burglary and theft 67346 sprinkler 334365 total 267104 54 4 Total deductions Accident 4402410 health 890111 liability 206981 fidelity 8466405 surety 175 71840 plate glass 346629 steam boiler 53250 burglary and theft 71596 sprinkler 335601 to I tal 323448 23 Net amount paiil policyholders for losses Accidont 369 ComptrollerGenerals Report 973 05749 health 12638099 liability 1377 14189 workmen S compensation 32572833 fidelity 100 9oo96 surety 10556757 plate glass 11061968 steam boiler 2942203 burglary and theft 86062 1 sprinkler 5450580 fly wheel 179101 auto anl teams prop dam 5556791 workmen collective l4619 phys defense 2487003 total 780 138 59 18 Investigationandadjustment of claims viz Ifeident 2994074 health 828830 liability 306 0o3 workmens compensation 3520335 asfloar aa Fidelity 1133168 surety 3509108 plate glass 9 1 H19 steam boiler 356242 5Q 099 37 Burglary and theft 1356281 sprinkler 534901 l8m 82 Fly wheel 65498 auto and teams prop dam 3130 workmens collective 167861 phys defense 16 33643 21800 68 29 947233 11 370540 36 122267 22 62159 33 301338 28 175427 90 211477 11 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 24007711 health 8583152 liability 480 50521 workmens compensation 140 819 27 Fidelity 8557526 surety 12772804 plate lasB 93 04021 steam boiler 6420285 Burglary and theft 9176820 sprinkler30499 0 Fly wheel 794218 auto and teams prop dam 39 96335 workmen s collective 614689 phvs defense 810591 Salaries fees and all other compensation oroffirers di rectors trustees and home office emplovees 30 Salaries traVelingaild all other expenses of agents notpaid by commissions a 32 Inspection other than medical and Him 33 Rents including 5588798 ft companys orrupancv of Yfi own buildings D s 50887 98 34 RePars and expenses other than taxes on reI estate gg 755 37 35 Taxes on real estate 36 State taxes on premiums n 37 Insurance department licensersand fees including munici pal license 601099 ss ah lM 2975610 38 All other licenses fees and taxes 39 Federal corporationfax including Federal war tax 825 1 g 278 28 40 Tax on capital stock At T 1 2400 12 4d Lega expenses aa a J 12497 79 44 Advertising Ar t i 30268 48 45 Printing and stationery il ar o 1 xi 36945 92 46 Postage telegraph telephone and express UR198 05 47 Furniture and fixtures g 48 stockholders for interest or dividends amount leclared during the year QQ974 ComptrollerGenerals Eeport 49 Other disbursements 50 Exchange and interest 509 83 5L Bureaus and associations 11918 49 52 Subscriptions to periodicals and mere agencies 1083 63 53 Miscellaneous office expenses 170131 home office trav eling 760435 9305 66 54 Agents balances charged off 40505 82 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 210 00 56 Gross decrease by adjustment in book value of ledger as sets viz Real estate per Schedule A 5263 98 Bonds per Schedule B 20540 00 Stocks per Schedule D 6250 0Q 57 Total disbursements 6118562 16 IVLedger Assets 1 Book value of real estate per Schedule A 1243762 92 2 Mortgage loans on real estate per Schedule B first liens 10000 other than first 3181746 41817 46 4 Book value of bonds 371664748 and stocks 453655 0 per Schedule D 4170302 48 5 Cash in companys office 11276 01 7 Deposits in trust companies Am banks on interest per Schedule N 460212 16 8 Premiums in course of collection viz On October 1 1914 Accident 9488559 health 3923723 liability 26041965 workmens compensation 19457462 fidelity 3774253 surety 8765628 pi glass 4075993 steam boiler 55 25158 burglary and theft 6369003 sprinkler 2512959 fly wheel 4227 25 auto and teams prop dam 19 44764 workmens collective 118874 phys defense 607966 total 930290 32 On policies or renewals issued prior to Oc tober 1 1914 Accident 393401 health 199225 liability 8574893 workmens eonipsn 37012 56 fidelity 1260663 surety 7865476 plate glass 150187 steam boiler 87000 burglary and theft 271462 sprinkler 121205 fly wheel 8070 auto andComptrollerGenerals Report 975 teams prop dam 128856 phys de tense 24745 total m 26 Bllls receivable 92343 27 Other ledger assets viz 28 Reinsurance losses due from other compan 90 a leS4 6793 06 29 Agents balances 1295223 salvage 59133 oa d 13543 56 30 Balance on deposit with N Y State Comp C0mmis8i0n 898 99 31 Ledger assets as per balance Item 58 7129 uo Qf NonLedger Assets 33 Interest accrued on bonds per Schedule D 7 r TTV 1 2808 18 37 Certificates of deposit 5000 Atlantic Nat Bank Jackson Fla lx 67 44 Gross assets 7157130 81 Deduct Assets Not Admitted 46 Bills receivable 22U3 m 00 Premiums in course of collection written prior to October 1 1914 227870 40 53 Book value of ledger assets over market value viz 54 Agents balances 12 952 23 55SaIvae 59133 58 Admitted assets Z 6893373 25 VLiabilities 1 Losses and claims resisted polieyholders Steam boiler 6 100 00 2 Lossesand claims reported or in process of adjustment Ac cident 8535692 health 1988922 fidelity 58 131 34 surety 4318633 plate glass 1765631 steam boiler 4550 burglary and theft 2307825 sprink ler 1033859 auto and teams prop dam 12 233 workmen s collective 2346 total 276 765 96 3 Losses and claims incurred but not reported Accident 463901 health 465083 plate glass 2742 89 burglary and theft 178360 sprinkler 94925 total 14765 58 4 Losses and claims resisted Accident 34350 health 375 fidelity 2839867 surety 9738686 burglaryComptrollekGenekals Kepqrt and theft 11550 sprinkjer 2650 fly wheel 2750 auto and tearns prop dam 2175 total 179635 53 5 Total losses and claims Accident 12434593 health 2491505 fidelity 8653001 surety 14157319 plate glass 2039920 steam boiler 10650 burglary and theft3641185 sprinkler 13937s4 Hy wheel 2750 airfa and teams prop dam 14408 workmens collective 2346 total 477207 07 7 Net unpaid claims except liability and workmens compen sation claims excluding expenses of investigation and adjustment Accident 12434593 health 2491505 fidelity 8653001 surety 14057319 plate glass 20 39920 steam boiler 10650 burglary and theft 36 41185 sprinkler 1393784 fly wheel 2750 auto team prop dam 1440S workmens collectivej 2 346 total 477267 07 17 Special reserve for unpaid liability and workmens compen sation losses 1012044 00 11 20 Total unpaid claim 1489311 07 21 Estimated expenses of investigation ami adjustment of un paid claims 22 Accident 239413 health 40528 fidelity 2935 surety 628290 2017 31 23 Plate glass 8838steam boiler 639 burglary and theft 89071 sprinkler 25976 auto and teams property lam 72040 2598 15 26 Gross premiums less reinsurance upon all unexpired risks running om year or less from date of policy 4427 95788 unearned premiums 50 per cent 2213978 94 27 dross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 1290 v7S40 691108 23 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issuel on or after October 1 1914 viz 30 Accident 3377927 health 1267363 liability 60353 43 workmens compensation 3035365 total 137159 98 31 Fidelity 1072662 surety 2498204 plate glass 13 61372 steam boiler 1403390 03356 2s 32 Burglary and theft 1859740 sprinkler 595571 24553 20 33 Fly wheel 114136 auto and teams prop dam 4900 81 workmen collective 23894 phys defense 1 r1 W 12 34 Salaries rents expenses bills accounts fees etc due or eeTue n 70Comptbollekxen seals Report 977 3ft Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement i 10417 67 40 Eemsuranee M 29173 28 i1nB 51 Total amount of all liabilities except capital 4782315 93 52 Capital aetuallyrjaidjrpin cash 1000000 00 53 Surplus over all liabilities 1103JflSS aa 54 Surplus as regards policyholders 2 111 057 32 55 Total liabilities 6893373 25 Business in the State of Georgia During 1914 P j r Gross premiums less return premium on risks written or re newed during the year Accident 1982006 health 1473181 liability 6473148 fidelity 564235 surety 503434 plate glass 694312 steam boiler 588777 burglary and theft 611048 sprinkler 6224 flywheel 272070auto and teams property damage 804028 workmen s collective 119980 phys defense 579 total 14o M 4f Gross losses paid Aceident725416 health 745174 Ha bility 42810 fidelity 46767 surety 139223 plate glass 1313545 steam boiler 8350 burglary and theft 86o09 auto and teams prop dam 2 438 74 workmens collective 3625 total G4999 49 MASONIC MUTUAL ACCIDENT COMPANY OF SPRINGFIELD MASS Cyde Young Resident Slllmu W M Walter E Jones Attorney for Sw Icapital Stock I Amount nf ledger assets as per balance December 31 of previous year 30671 02 IIIncome 1 Gross premiums written and renewed during the year Aicident and health so 107 t i Deduct return premiums on policies cancelled Accident P4 75t 6 Net premiums Accident and health 7078 70 978 ComptrollerGenerals Report 21 Policy fees required or represented by applications 25 Gross interest on bonds less 5200 accru ed interest on bonds acquired during 1914 per Schedule D 1 26 Gross interest on deposits in trust com panies and banks per Schedule N 31 Total gross interest and rents 40 Total income 00 101 53 19438 00 1189 53 100380 29 IIIDisbursements 1 18 23 24 29 30 31 33 36 37 38 43 44 46 47 49 50 51 54 Gross amount paid for losses Accident and health Investigation and adjustment of claims viz Accident and health Policy fees retained by agents Commissions or brokerage less amount received on re turn premiums and reinsurance for the following class es Accident and health Salaries fees and all other compensation of officers di rectors trustees and home office employees Salaries traveling and all other expenses of agents not paid by commmissions Medical examiners fees and salaries Rents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Taxes on investment Legal expenses Advertising printing and stationery Postage telegraph telephone and express Furniture and fixtures Other disbursements Traveling expense of officers Miscellaneous expense Agents balances charged off 38973 57 404 71 19438 00 12827 38 12837 00 2823 89 463 66 1040 00 563 94 618 25 8 25 30 00 3487 12 2281 34 617 71 1030 75 663 01 19 15 57 Total disbursements 98127 73 IVLedger Assets 4 Book value of bonds per Schedule D 27308 76 5 Cash in company s office 1932 69 7 Deposits in trust companies and banks on interest per Schedule N 2617 47 27 Other ledger assets vizComptrollerGenerals Eeport 979 28 Agents balances 29 Interest in hands of MassState Treas 220 OQ 31 Ledger assets as per balance Item 58 Tss NonLedger Assets 33 Interest accrued on bonds per Schedule D Part I 498 09 41 Other nonledger assets viz 42 Furniture and fixtures 43 Supplies on hand 800 00 700 00 44 Gross assets 35921 67 Deduct Assets Not Admitted 47 Furniture and fixtures 48 Supplies printed matter andstationery O 7a 53 Book value of ledger assets over market value viz 04 Book value of bonds over market value i us 7 55 Agents balances 8 7b 844 66 58 Admitted assets 7 31428 25 VLiabilities 2 Losses and claims reported or in process of adjustment Accident and health 3 593 60 27 Gross premiums less reinsurance upon ailunexpired risks running more than one year from date of poli cy unearned premiums pro rata 6 5 1 39 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident and health 77 10 34 Salaries rents expenses bills accounts fees etc due or accrued 496 21 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 6o 07 41 Advance premiums one hundred per cent 3 696 75 51 Total amount of all liabilities except capital g 15150 10 54 Surplus over all liabilities 1 jV78 j 55 Total liabilities 7980 ComptrotxerGenerals Report Business in the Siae of Georgia During 1914 No Amount Policies or certificatesin force December 31 1913 496 301910 On Policies written during the calendar year 747 545625 00 Total 1243 Policies lapsed during the year 702 907575 00 509600 00 Total policies or certificates in force December 31 1914 511 397975 00 IjOSSSS and Claims unpaid December 31 1913 13 601 44 Losses and claims incurred during the calendar year 176 3717 41 Total 189 4348 85 Losses and claims paid during the year 178 4348 85 Losses and claims outstanding unpaid December 31 1914 11 Premiums collected during year 72 IK 30 MASONIC PROTECTIVE ASSOCIATION OF WORCESTER MASS Francis A Harrington President Prank Harrington Secretary D T Griffin Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balance December 31st of previous year 434251 13 ITIncome 1 Gross premhtms written and renewed during the year Ac cident and health 490810 50 3 Deduct return premiums on policies cancelled Accident and health 469 69 6 Net premiums 490340 81 21 Policyfees required or represented by applications 105238 00 25 Gross interest on bonds and dividends on stocks less 88485 accrued interest on bonds acquired during 1914 per Sched ule D 1351131COMPTROLLERG EN EBAL s REPORT 981 613161 6H 26 Gross interest on deposits In trust om1in ies and banks per Schedule N 3743 06 S1 lotal gross interest and rents A I i Bonds per Schedule D 40 Total income HIDisbursements 1 Gross amount paid for losses Accident 126313 health 13022730 total fl8 18 Investtionandjustment rtJSZZ 23 Policy fees retained by agents MM M 24 Commissions or brokerage less ouT S W390 eTnrn7rsefthe foiiowing ci 29 Salaries fees and all other compensation of officers dV recto fustees and home office employees 30 Salaries traveling and all other expenses of agents notpaid by commissions 33 Bents 36 State taxes on premiums 37 Insurance department licenses and fees 6985 2 38 All other licenses fees and taxes U 36 39 Federal corporation tax 1 1An 40 State corporation tax JJjJ Total j 43 Legal expenses 99 65 44 Advertising 383 73 45 Printing and stationery 24901 ijo91 68 w lotal disbursements 529458 75 34826 77 71304 26 10675 50 1412 75 I VLedger Assets 4 Book value of bonds per Schedule I 367 117 50 5 ish n company office 7 150168 66 ash in company 7 Deposits in trust companies and banks on interest iVer SMiiVln ivr interest per Schedule X 3 Ledger assets as per balance Item 58 0fi982 ComptrollerGenerals Keport NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 6558 40 38 Rents on company s property or lease 44 Gross assets Deduct Assets Not Admitted 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 5472 44 53 Book value of ledger assets over market value viz Bonds per Schedule TX 7797 50 6558 40 524512 46 13269 94 58 Admitted assets 511242 52 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 2708318 health 4141780 total 3 Losses and claims incurred but not reported Accident 452271 health 004542 total 4 Losses and claims resisted Accident 08500 98 13568 13 825 00 5 Total losses and claims Accident 3243Q89 health 5046322 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 three months from December 1 1914 15700550 un earned premiums pro rata twothirds 104710 33 204 11 406 00 28 Total unearned premiums as shown by recapitulation page 6 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 104710 38 3666 01 9806 82 3854 00 51 Total amount of all liabilities except capital 205397 2ComptrollerGenerals Report 52 Capital actually paid up in cash 53 Surplus over all liabilities 2g 54 Surplus as regards policyholders 55 Total liabilities Business in the State of Georgia During 1914 Gross premiums less return premiums on risks written or re newed during the year Accident and health Oross losses paid Accident and health 983 305845 25 511242 52 11649 25 8580 96 MASSACHUSETTS BONDING INSURANCE CO OF BOSTON MASS T T Falvey President t v m T John T Burnett Secretary Eugene Dodd 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 3635621 13 3 Increase of paidup capital during the year 1000000 0Q IIIncome 1 Gross premiums written and renewed during the year Accident and health 139862769 liability 1406 14260 workmens compensation 1234085 33 fideli ty 31929025 surety 66969148 plate glass 216 14280 burglary and theft 27249047 auto and teams property damage 10422947 workmens collective 7500 total 2 Deduct reinsurance Accident and health 2123677 liability 4480308 work mens compensation 2310541 fidelity 1561043 surety 8001199 plate glass 16452 burglary and theft 31 43645 auto and teams property dam age 190307 total 218 271 72 3 Deduct return premiums on policies can celled Accident and health 1822370 liability 16587240 workmens com pensation 7017539 fidelity 22039984 CpatPTBOLLERCTEXEKAL S KEPORTi 72 surety 4658265 plate glass 10 13895 burglary and theft 1995333 auto and teams property damage 11 51016 total 364496 31 iLHedjictpremium on policies not taken Ac cident apd health 8436009 liability 28174462 workmens compensation 16733101 fidelity 1957616 surety 3270025 plate glass 3080381 bur glary and theft 5094473 auto and teams property damage 2029792 total 67758 59 jj1 5 Total deductions Accident and health 12382056 liabil ity 49242010 workmens 8niipengatioffl 26061181 fidelity 5722631 surety 15929490 plate glass 411072jHirglary aliil theft 1 231451 auto arid teams property damage 3371115 total 1270526 62 6 Net premiums Accident and health 127480713 liabil ity 91372250 workmens compensation 97347352 fidelity 26206394 surety 51039658 plate glass 17503552 burglary and theft 1 7n15596 auto ami teams property damage 7051832 workmens collec tive 75HO total 435024 47 21 Policy fees required or represented by applications 90661 85 25 Gross interest on bonds and dividends en stocks less s90oi accrued interest on bonds acquired during 1914 per Sched ule D 90338 43 26 Gross interest on deposits in trust coin panies and banks per Schedule N 7816 06 27 Cross interest from all other sources Mills receivable 93 24 30 Gross rents from companys property 691 65 31 Total gross interest and rents 919 48 32 From other sources 33 Premium en increase in capital stock 50OUO0 00 34 Trust funds 71 0 38 Gross profit on sale or maturity of lodger assets iz Bonds per Schedule 1 125 60 1 40 Total income 5046075 30 IIIDisbursements 1 Gross amount paid for losses Accident ami health 555 95186 liability 6731886fi workmens compensation 27730033 fidelity 3391014 surety 2014369ComptrollerGeneral s Report m i V2 3 4 s c5 pfete glass 7074810 burglary and theft 50492 auto andteamsproperty damage 2663031 nork men a collective 69395 total Jm X Deduct reinsurance Accident and health 853322 btngJafyandfheft 217872 totaI 8 7n 94 Deduct salvageFidelity Hf44994 sure ty llu9l449 plate glass 43168 Burglary and theft 70298 total I22559o6 Total deduction Accident and health 6533 W fidelity 1044994 Surety 11091449 plate glass WOs burglary and theft 294170 total t 7 P71 M I 01 II 03 Xefamountpaid policyholders for losses Accident amV health 54941864 liability 67318S65 workmens compensation 27730033 fidelity 2340050 suretv 16952860 plate glass 7031642 burglary and theft 45orl8 auto and teams property damage 26630 31 workmens Collective 69395 total i S58 iss Investigation and adjustment of claims viz Occident and health 2142391 liability 17773419 work mens compensation 5966881 fidelity 11069 65 surety 3522580 plate glass li7033 bnlrv and theft 407721 auto and teams propertv ifflkee 7 92224 total B fe Tj Tog 3 318188 Policy fees retained bv agents 0 ommissons or brokeragelessamount received on return premiums andreinsiiranco for the following classes 18 0 23 24 Cl l 58 20 85 I 29 30 32 33 34 35 36 37 38 39 40 43 vo iiu mb lonowing classes Accident and health 52 118071 liability 24770952 workmens compensation 111319114 fidelity 6501 17 onrofv iVOf II in 1 j i ui 17 surety 12416710 plate glass 5700367 burglarv and theft 50271 26 auto and teams property dam age 1427125 total Salaries fees and all other compensation of officers di rectors trustees and home office emnlovees rectors trustees and home office employees s laries traveling and all other fvii c ilP cimmnrcBB J 84 Salaries traveling and all other expense f agents not paid by commissions Inspection other than medical and claim 1195258 72 58 Inspection other than medical and claim Rents VVVV m 1 eshte I no 23506 Repairs and expenses other than taxes on real estale Taxes on real estate g State taxes on premiumsI n 1 Insurance department licenses and fees i528 All other licenses fees and taxes1 Federal corporation tax 4 State county municipal and sundry licenses and fees 5V30 Legal expenses J 236 88 83 65 55 63 75 30 61 96 ft986 ComptrollerGenerals Report 44 Advertising 24562 60 45 Printing stationery and supplies 31237 31 46 Postage telegraph telephone and express 28116 34 47 Furniture and fixtures 13519 37 48 Stockholders for interest or dividends 120000 00 49 Other disbursements Insurance department examination 844428 traveling 2391296 internal revenue 86334 insurance 1723 62 total 34944 20 Light and heat 252131 underwriters boards and tariff associations 1346825 total 15989 56 Payroll audits 1826683 dividends to policyholders 9975 miscellaneous 730084 total 25667 42 Special examination 1270546 underwriters commis sions 7000000 policy fees 5962 total 82765 08 54 Agents balances charged off 12991 09 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 3 466 1 7 57 Total disbursements 4615 123 64 IVLedger Assets 1 Book value of real estate per Schedule A 14000 00 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 4 000 00 4 Book value of bonds 307996957 and stocks 338357 42 per Schedule D 3418326 99 5 Cash in company s office 58 542 I 0 6 Deposit in trust companies and banks not on interest per Schedule N 53136 21 7 Deposits in trust companies and banks on interest per Schedule N 44170s 31 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident and health 11224290 liability 12383373 work mens compensation 21304049 fideli ty 3076445 surety 11695195 plate glass 3583289 burglary and theft 4907358 auto and teams property damage 1055075 total 682289 74 On policies or renewals issued prior to Oc tober 1 1914 Accident and health 4 99082 liability 3803199 workmens compensation 2218074 fidelity 6 38089 surety 1325092 plate glass 352056 burglary and theft 218846ComptrollerGenerals Report 987 auto and teams property damage 845 31 agents balances representing pre miums written and renewed prior to October 1 1914 17538484 total 266774 53 25 Total 26 Bilfc receivable eS wi 949064 27 27 Other ledger assets viz 12180 48 Pennsylvania Casualty Co Salvage assets 9741 3 Cash in suspended banks j33 34 Workmens Compensation Reinsurance Bureau 33 JJ S W orkmen s Compensation Commission g 500 00 31 Ledger assets as per balance Item 58 5067173 29 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 41 674 11 35 Interest accrued on other assets Interest accrued on bank deposits 360 62 44 Gross assets 5109208 02 Deduct Assets Not Admitted 46 Bills receivable 50 Premiums in course of collection written priorto oeto ber 1 1914 52 Market value of special deposits in excessofcorrespond ing liabilities per special deposit schedule 93 793 4 53 Book value of ledger assets over market value viz 54 Stocks and bonds p 81406 99 00 ollateral loans fi r 4000 00 56 Due from Pennsylvania Casualty Co 9 74 30 57 Agents suspense account 58 Admitted assets 464131 7 VLiabilities 1 Losses and claims adjusted Accident 6238 01 health 42056 total g i Losses and claims reported or in process of adjustment Accident 5585944 health 3582876 fidelity 35 28784 surety 6805185 plate glass 118977 bur988 ComptrollerGenerals Eepori glary and theft 1270400auto and teams property damage 1025000 total Losses and claims incurred but not reported Accident 317280 health 257864 total Losses and claims resisted Accident 1420000 health 34000 fidelity 591938 surety 8541312 bur glary and fheft 1124000 auto and teams property damage 365500 total 219171 5751 150767 66 44 50 5 Total losses and claims Accident 7947Q25j health 4295301 fidelity 7120722 surety 15346497 plate glass 118977 burglary and theft 2394400 auto and teams property damage 1390500 total 386134 22 6 Deduct reinsurance per Schedule E Accident 852720 health 422268 fidelity 1012500 surety 100000 burglary and theft 257S7 total 26453 25 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 7094305 health 38 73033 fidelity 6108222 surety 15246497 plate glass 118977 burglary and theft 2136563 auto ami teams property damage 1390500 total 17 Special reserve for unpaid liability and workmens com pensation losses 359680 77 254922 21 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Accident and health 50000 fidelity 823355 surety 1512500 burglary and theft 1 21750 auto and teams property damage 120000 to 614603 18 tal 26 Cross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 260664100 un earned premiums fifty per cent 1303364 29 27 Oross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 33898660 unearned premiums pro rata 172052 50 26276 05 28 Total unearned premiums as shown by recapitulation page 6 1475416 79 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident and health 35 00995 liability 2476675 fidelity 015289 suretv 2139019 plate glas 716658 burglary and theftComptrollerGeneral fs Report 989 981472 auto and teams property damage 211015 total 34 Salaries rents expenses bills accounts feesetVdue or accrued 35 Estimated amount hereafter pavable for federal WM and other faxes based upon the business of the vear of this statement 40 Reinsurance Wi 41 Advance premiums one hundred per cent JJbQS 42 Other liabilities Trust funds I w 33 94 41 39 84 51 Total amount of all liabilities except capital o 4 802 OZ Capital actually paid up in cash 2100000 00 53 Surplus over all liabilities Mfsfos so 54 Surplus as regards polieyhohlers 93 3 31 m Ttal Habiities 404 Business in the State of Georgia During 1914 Goss premiums less return premium on risks written during the year Accident and health 812560 liability 4 48123 fidelity 373030 surety 1300036 plate glass 84279 burglary and theft 54279 auto and 31393 37 teams property damage 6430 total Gross losses paid Accident and health 320975 liability 054145 surety 41690 plate glass 35802 bur glary andtheft 14390 auto and teams property damage 1750 total ffirl 8 lg METROPOLITAN CASUALTY INSURANCE CO OF NEW YORK Eugene H Winslow President s w rw U I a m Burton Secretary Henry W tfortl Attorney for Service lCapital Stork 1 Amount of capital paid up in ash 20ODO1 60 2 Amount of ledger Mfcefc asper balance December Blct f previous year S 4f47 4J IIIncome 1 Gross premiums written and reneyed during the year Ac cident 17360115 health 5310127 plate glass 60554980 total V iMfo 990 ComptrollerGenerals Report 2 Deduct reinsurance Accident 973008 health 111980 total 10849 88 3 Deduct return premiums on policies cancel led Accident 270606 health 627 16 plate glass 1093304 total 14266 26 4 Deduct premium on policies not taken Ac cident 2350108 health 933349 plate glass 7707536 total 109909 93 5 Total deductions Accident 3593722 health 11080 45 plate glass 8800840 total i Net premiums Accident 13766393 health 4208082 plate glass 51754140 total 25 Gross interest on bonds and dividends on stocks less 181 94 accrued interest on bonds acquired during 1914 per Schedule D 26 Gross interest on deposits in trust companies and banks per Schedule X 37 From agents balances previously charged off 135026 07 40 Total income 697 286 15 31768 06 1040 27 23 91 730118 39 IIIDisbursements 1 Gross amount paid for losses Accident 6461066 health 1679796 plate glass 20373796 total 2 Deduct reinsurance Accident 607675 health 36658 total 6443 33 3 Deduct salvage Schedule H Plate glass 3105 27 4 Total deduction Accident 607675 health 36658 plate glass 310527 total i 28514ii 58 9548 60 5 Net amount paid policyholders for losses Accident 58 53391 health 1643188 plate glass 20063269 to tal 275597 98 18 Investigation and adjustment of claims viz Accident 292576 health 82521 3750 97 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Ac cident 4447190 health 1254335 plate glass 167 67871 224693 96 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 84524 84 30 Salaries traveling ami all other expenses of agents not paid by commissions 16132 78 31 Medical examiners fees ami salaries 2330 61ComptrollerGenerals Report 991 32 Inspection other than medical and claim 161 50 33 EeDts 7925 04 36 State taxes on premiums 8g46 4r 37 Insurance department licenses and fees 6586 55 38 All other licenses fees and taxes Municipal tax f 1146 45 t ederal corporation tax g99 Q1 ar tax 5oo0 43 Legal expenses 959 3g 44 Advertising g m w 45 Printing and stationery 7 809 8 46 Postage telegraph telephone and express g823 29 47 Furniture and fixtures 449 gj 48 Stockholders for interest or dividends 28 000 00 49 Other disbursements 50 Exchange on bank cheeks 089 70 51 Commercial agencies and underwriters associations 2784 89 52 Home office expenses for drinking water ice and toilet supplies 258 95 54 Agents balances charged off 2 475 56 57 Total disbursements g84 234 61 IVLedger Assets 4 Book value of bonds 51378448 and stocks 24512432 per Schedule D 7Mjm 8Q 5 Cash in companys office g 9Q3 go 6 Deposit in trust companies and banks not on interest per Schedule N 1000 00 7 Deposits in trust companies and banks on interest per Schedule N j 72288 2g 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 2915369 health 1358415 plate glass 105 65241 total 148390 25 On policies or renewals issued prior to Oc tober 1 1914 Accident 253728 health 98742 plate glass 321556 total 6740 26 25 Total 155130 51 31 Ledger assets as per balance Item 58 993531 25992 COMPTROLLKKCi UNERALis KEPORT 0 NonLedger Assets a 33 Interest accrued on bonds per Schedule D Part 1 5751 05 44 Gross assets iV9282 90 f Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1913 6740 20 S3 Book value ofledger assets over market value 234630 li i gllvu 58 Admitted assets 968096 34 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 1698819 health 519212 plate glass 8 s 1690 total 30997 21 3 Losses and claims incurred but not reported Accident 138314 health 75218 plate glass 1209037 total 14225 09 4 Losses and claims resisted Aecident 881300 health 31250 total 9125 10 7 21 20 29 34 35 40 Net unpaid claims except liability and workmen s eompen sation claims excluding expenses of investigation and adjustment Accident 2718433 health 0250O plate glass 2090727 total 54348 40 Estimated expenses of investigationand adjustment of un paid claims Accident 129015 health 27523 170 38 iross premiums less reinsurance upon all uuexpired rixks running one year or less from date of poliy 6fS7227 06 unearned premiums fifty per cent 349613 53 Commissions brokerage and other charges due or to be come due to agents or brokers n pidicies issued on or after October 1 1914 viz Accident 982420 health 451718 plate glass 5r175H total u 19f858 9 Salaries rents expenses bills accounts f es etc due nr accrued i 688 43 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 7S52 41 Reinsurance 70 29 51 Total amount of all liabilities exrept capital 457977 07CompteolleeGenerals Report 993 52 Capital actually paid up in cash 2o0000 00 oS Surplus over all liabilities 310 719 29 54 Surplus as regards policyholders777 510 719 29 55 Total liabilities 968696 34 Business in the State of Georgia During 1914 Gross premiums less return premiums on risks written or re newed during the year Accident 487084 health 1 96157 plate glass 179742 total a fi9q sq Gross losses paid Accident 248923 health 69960 plate Cta 71649 total P fl NATIONAL CASUALTY COMPANY OF DETROIT MICH VV G Curtis President v n c 7 B A Grant Secretary Bargeron and Parkinson Attorneys for Service ICapital Stock 1 Amount of capital paid up in eash 200000 00 2 Amount of ledger assets as per balance December 31 of previous year 340086 19 IIIncome 1 Gross premiums written and renewed during the year Accident and health 2 Deduct reinsurance Accident and health 10348 85 3 Deduct return premiums on policies can celled Accident and health 2 321 82 4 Deduct premium on policies not taken A eident and health p ng 25 5 Total deductions Accident and health 732895 12 6 Net premiums Accident and health 21 Policy fees required or represented by applications 23 Gross interest on mortgage loans per ScheduIe B 1254 55 24 Gross interest on collateral loans per Schedule C ro 00 21786 92 711108 20 54812 00994 ComptrollerGenerals Report 25 Gross interest on bonds and dividends on stocks Jess 14900 accrued interest on bonds acquired during 1914 per Sched ule I 14535 73 26 Gross interest on deposits in trust com panies and banks per Schedule N 267 81 27 Gross interest from all other sources In terest on delinquent agency balances 24 98 39 Gross increase by adjustment in book val ue of ledger assets viz Stocks per Schedule D 540 00 40 Total income 782613 IIIDisbursements 1 Gross amount paid for losses Accident and health 2 Deduct reinsurance Accident and health 300243 46 6403 93 18 23 24 29 30 33 36 37 38 39 40 43 44 45 46 47 48 49 50 51 54 Net amount paid policyholders for losses Accident and health Investigation and adjustment of claims viz Accident and health Policy fees retained by agents Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health Salaries fees and all other compensation of officers di rectors trustees and home office employees Salaries traveling and all other expenses of agents not paid by commissions Rents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Municipal licenses in states inspections etc Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends Other disbursements General expense Traveling home office Agents balances charged off 293839 53 6826 88 54744 90 261009 04 54910 85 25682 85 8377 04 12735 19 3719 66 196 8fl 883 09 2900 90 2765 41 8700 08 0559 68 1485 07 16000 00 2074 SO 2913 80 2444 25ComptrollerGenerals Report 995 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 56 GZletrZS h7 adjStme bookluofiedr Bonds per Schedule D Stocks per Schedule D 2016 02 1000 00 57 Total disbursements 774841 93 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 25 M 00 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 4 Book value of bonds t4 117 la 1 V 3000 00 ux uonas 54511740 and stocks 3825500 per Schedule D 5 Cash in companys office 283372 40 6 Deposit in trust companies andbanksnoioninterestper Schedule N 1 8 Premiums in course of coition Viz Onpolicies or re newals issued on or after October 1 1914 Accident and health 27 Other ledger assets viz Agentsbales secured 5J9 2 31 Ledger assets as per balance Item 58 347 857 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 5ft7 on 33 Interest accrued on bonds per Schedule D Part 1 4 037 7 34 Interest accrued on collateral loans per Schedule C Part i 27 99 41 Other nonledger assets viz Furniture and supplies 30000 00 44 Gross assets 382629 89 Deduct Assets Not Admitted 47 Furniture and fixtures supplies printed matter and sta tionery 30000 00 58 Admitted assets 352629 89 VLiabilities 2 Losses and claims reported or in process of adjustment Accident and health 996 ComptkolleeGeneeals Repobt 3 Losses and claims incurred but not reported Accident and health 4 Losses and claims resisted Accident and health 5 Total losses and claims Accident and health 6 Deduct reinsurance per Schedule E Accident and health 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident and health 21 Estimated expenses of investigation and adjustment of unpaid claims Accident and health 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 31 89200 unearned premiums fifty per cent 29 Commissions brokerage or other charges due or to become due to agents or brokers on policies issued on or after October 1 1914 viz Accident and health 34 Salaries rents expenses bills accounts fees etc due or accrued 35 Estimated amount hereafter payable for federal state or 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 200000 M 53 Surplus over all liabilities 97907 89 54 Surplus as regards policyholders 55 Total liabilities 1622 00 1850 00 28336 00 2160 00 26176 00 500 00 15946 00 100 00 600 00 11400 00 54722 00 297907 89 352629 89 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident and health Cross losses paid Accident and health 6072 67 4500 00CompteollebGenebals Eepoet 997 NATIONAL EELIEF ASSUBANCE CO OF PHILADELPHIA PA No 108 South Fourth Street M S Boyer President r a a rwi Tni a Summers Asst Secretary Carl Doldin Atlanta Attorney for Service ICapital Stock 1 Amount of capital paid up in eash 100000 00 2 Amount of ledger assets as per balance December 31 of previous year 148993 149213 67 IIIncome 1 Gross premi wrtten and reMwed dur Accident and health 2 Deduct reinsurance Accident and health IS o49 41 6 Net premiums Accident and health 25 Gross interest on bonds and dividends on stocks less 5535 accrued interest on bonds acquired during 1914 per Sched ule D 26 Gross interest on deposits in trust com panies and banks per Schedule N 27 Gross interest from all other sources 28 Gross interest from accounts receivable 29 Gross interest on liens on policies 4280 65 588 70 310 80 19 31 Total gross interest and rents 32 From other sources 33 From policy correction fees 34 From premiums on bonds paid bv agents 35 From deposit by Keystone Tns Co to their policies cover reserve on 40 Total income 5180 34 50 23 00 2162 45 183492 48 IIIDisbursements 1 Gross amount paid for losses Accident and health 2 Deduct reinsurance Accident and health 5 Net amount paid policyholders for losses Accident and health 52151 84 50 00 52101 84998 ComptrollerGenerals Report 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 class es Accident and health 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 33 Eents 36 State taxes on premiums 37 Insurance department licenses and fees 38 All other licenses fees and taxes Municipal and county taxes and fees 43 Legal expenses 44 Advertising 45 Printing and stationer 46 Postage telegraph telephone and express 48 Stockholders for interest or dividends 54 Agents balances charged off 57 Total disbursements IVLedger Assets 1 Book value of real estate per Schedule A 4 Book value of bonds 9923878 and stocks 1300307 per Schedule D 5 Gash in companys office and in transit 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident and health 2379 24 On policies or renewals issued prior to Oc tober 1 1914 Accident and health 1010 29 25 Total 26 Bills receivable 27 Other ledger assets viz Furniture and fixtures Liens on policies 294 05 26912 52 61937 00 13907 42 6715 56 61 40 1435 46 2000 23 922 55 11 48 456 03 233 55 3096 20 2729 21 4000 00 701 66 177576 16 3736 00 112241 85 1810 18 771 32 18427 70 3389 53 286 00 3308 68 583 95ComptbollebGenebals Eepobt 999 Supplies Mileage 289 94 Accounts receivable 41 37 10023 58 31 Ledger assets as perbalance Item 58 54910 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 u 38 Bents due and accrued on companys property or lease 10f6 10 44 Gross assets 155946 20 Deduct Assets Not Admitted 45 Companys stock owned 46 Bills receivable 1500 00 47 Furniture and fixtures 286 00 48 Supplies printed matter and stationery 3f TSw C0rSe f Ceeti0n WHtten Porto Octobe 53 Book value of iedger asset over market value Viz 101 o4 Stocks and bonds 55 Accounts receivable over 3 months due JS tl 56 Liens on policies 8Z 57 Mileage 583 95 41 37 58 Admitted assets 137770 67 VLiabilities 1 Losses and claims adjusted Accident and health 370 2 Losses and claims reported or in process of adjustment Accident and health 3 Losses and claims incurred but not reported JJJJ JJ 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident and health M 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1 612 81 unearned premiums fifty per cent m 29 Commissions brokerage and other charges due ortobe come due to agents or brokers on policies issued on or after October 1 1914 viz Accident and health 475 8S 41 Advance premiums one hundred per cent 98f 9j1000 ComptrollerGenerals Keport 42 Other liabilities viz Reserve upon policies of Key stone Ind Co 262 5 51 Total amount of all liabilities except capital 10885 98 52 Capital actually paid up in cash 100000 00 53 Surplus over all liabilities 26884 69 54 Surplus as regards policyholders 126884 69 55 Total liabilities 137770 67 NATIONAL SURETY COMPANY OF NEW YORK CITY 115 Broadway New York Wm B Joyce President Hubert J Hewitt Secretary Boyd Perry Atlanta Ga Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance December 31st of previous year 7997652 8 IIIncome 1 Gross premiums written and renewed during the year Fidelity 175171291 surety 274340661 burglary and theft 64238984 total 5137509 36 2 Deduct reinsurance Fidelity 5380079 surety 21988706 burglary and theft 8566683 total 359354 68 3 Deduct return premiums on policies cancel led Fidelity 5627434 surety 80 31706 burglary and theft 2738413 total 163975 53 4 Deduct premium on policies not taken Fi delity 30141820 surety 64517558 burglary and theft 17766359 total 1124257 87 5 Total deductions Fidelity 41149383 surety 945379 70 burglary and theft 29071455 total 1647588 08 6 Net premiums Fidelity 134021908 surety 1798026 91 burglary and theft 35167529 total 3489921 2S 22 Inspection 3001 56ComptbolleeGenebals Repoet 1001 23 Gross interest on mortgage loans per Schedule B 24 Gross interest on collateral loans per Schedule C 25 Gross interest on bonds and dividendson stocks less 626611 accrued interest on bonds acquired during 1914 per Sched ule D 26 Gross interest on deposits in trust eompan lea and banks per Schedule N 10 536 12 27 Gross interest from all other sources Inter est from other sources see schedule 8 211 28 30 Gross rents from companys property 1757 64 31 Total gross interest and rents 32 From other sources 282144 92 Miscellaneous income see schedule Profit on sale of rights 793 71 Profit and loss miscellaneous see schedule JJJJ 5 Increase in premiums due for reinsurance 1913 Z7Qn ll Increase in accounts payable over 1913 37 From agents balances previously charged off Z f 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 39 Gross increase by adjustment in book value of ledger as sets viz Real estate per Schedule A M 50 00 40 Total income 3810902 66 IIIDisbursements 1 Grass amount paid for losses Fidelity 60916624 sure 9 nJl158147633 hmy theft 14218214 total 2332 824 71 2 Deduct reinsurance Fidelity 5599 04 WM 71 surety 11802189 burglary and theft 1447341 total on JobU94 34 3 Deduct salvage Schedule H Fidelity 19166847 surety 52011006 burg lary and theft 28688 total 712065 41 4 Total deduction Fidelity 19726751 surety 638131 burglary and theft 1476029 total 85015g 5 5 Net amount paid policyholders for losses Fidelity 411 89873 surety 94334438 burglary and theft 107 42185 total 1482664 961002 ComptrollerGenerals Kepobt 18 Investigation and adjustment of claims viz Fidelity 8210689 surety 8923628 burglary theft 772218 total 179065 35 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 29469257 surety 42337397 burglary and theft 10859273 total 826659 27 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 468840 65 30 Salaries traveling and all other expenses of agents not paid by commissions 197415 Lo 32 Inspection other than medical and claim 2122 77 33 Rents 45740 09 34 Repairs and expenses other than taxes on real estate 3410 70 35 Taxes on real estate 760 77 36 State taxes on premiums 52733 80 37 Insurance department licenses and fees 20577 26 38 All other licenses fees and taxes Municipal license fees 899 46 39 Federal corporation tax 9198 74 40 Tax on personal property 135 36 41 Tax on franchise 7 30 42 Tax on investments 54 00 43 Legal expenses 5874 86 44 Advertising 9944 32 45 Printing and stationery 26314 80 46 Postage telegraph telephone and express 29420 33 47 Furniture and fixtures 3832 63 48 Stockholders for interest or dividends amount declared during the year 240000 240138 00 49 Other disbursements Auditing expenses 11663 16 Incidentals see schedule 3280104 development 3 00306 35804 Insurance 71754 traveling expenses 1019032 10907 86 Decrease in premiums unadjusted over 1913 11196 05 Decrease in return premiums due over 1913 14208 32 Decrease in auto chauffeurs advance payments over 1913 122 00 Decrease in suspense agency balance over 1913 1012 22 54 Agents balances charged off 22758 02 55 Gross loss on sale or maturity of ledger assets viz Real estate per Schedule A 12341 02 Bonds per Schedule D 6953 42 Stocks per Schedule D 1766 80 56 Gross decrease by adjustment in book value of ledger as sets viz Real estate per Schedule A 25049 00 57 Total disbursements 3789862 62 ComptrollerGenerals Report 1003 IVLedger Assets 1 Book value of real estate per Schedule A fififi 2 Mortgage loans on real estate per Schedule B firstbens llZ It 3 Loans secured by pledge of bonds stocks or other eollater als per Schedule C winner 4 Book value of bonds 4 1 Sn s Yo i i 8500 00 92944 per Schedl B StCkS 168 5 Cash in companys office 63167 branch office 8 117 81M47 5 Cash in transit 8749 2i 6 SSeT CmPanieS toninVep 38 7DfS nnieV VndbanWo inVJ Vi Due from suspended banks 598583 33 8 Premiums in course of collection viz On 172571 1 policies or renewals issued on or after October 1 1914 Fidelity 171849 69 surety 32525131 burglary and theft 86 00187 total Un policies or renewals issued prior to Oc tober 1 1914 Fidelity 5323781 surety 17484149 burglary and theft m72972 totaI 239809 02 25 Total 26 Bills receivable 822911 89 Accounts receivable miscellaneous J 66 27 Other ledger assets viz 95318 00 Due from U S govt and municipalities Rfls m Due from reinsurance companies Vjlvt Due from railroads 3518 88 Due from contractors 100 due from Munich Reins Co 16201 258719 Due fromESS special acctL00coin toe VMsV lf f5 Due from excise reinsurance com I Spec account 100 suspense advance 3840 81susp 11030 agency balance 174186 OyoHo 67 31 Ledger assets as per balance Item 58897 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 1WM 33 Interest due 2485690 and accrued 28285 86 on bonds per Schedule D Part 1 53142 761004 ComptrollerGenerals Report 34 Interest due 450 and accrued 520 on collateral loans per Schedule C Part 1 36 Interest due on bank balances 970 00 2009 17 44 Gross assets 8075946 83 Deduct Assets Not Admitted 45 Due from suspended banks 600 cash in branch offices accrued expenses 2293 2299 52 1919 66 11 00 46 Bills receivable 47 Accounts receivable miscellaneous 1000 due from reinsur company 100 48 Due from contractors 100 due from E S S spec acct 100 49 Com due 27402 susp adv 72922 49 Suspense agency balance 174186 spec acct 100 50 Premiums in course of collection written prior to October 1 1913 51 Overdue and accrued interest on bonds in default 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 53 Book value of ledger assets over market value viz Stocks and bonds 58 Admitted assets 7411250 05 2 00 1003 24 1742 86 239809 02 8341 07 544 95 384143 46 664696 78 VLiabilities 1 Losses and claims adjusted Paid as adjust oil 2 Losses and claims reported or in process of adjustment Fidelity jf27367305 surety 47192098 burglary and theft 3193373 total f 3 Losses and claims incurred but not reported See note 1 Losses and claims resisted Fidelity 11318125 surety 37375097 burglary and theft 1493505 total 777617 76 501867 27 5 Total losses and claims Fidelity 38694430 surety 84567195 burglary and theft 4686878 total 1279485 03 6 Deduct reinsurance per Schedule E Fidelity 1219797 surety 5829632 burglary and theft 460309 total 75097 38 7 Net unpaid claims except liability and workmens compComptrollerGenerals Eeport 1005 claims excluding expenses of investigation and adjust ment Fidelity 37474633 surety 78737563 bur glary and theft 4226569 total i 204 387 65 21 Estimated expenses of investigation and adjustment of un paid claims Fidelity 2187627 surety 4568729 67 563 56 Burglary and theft 250 QQ 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 3204 66856 unearned premiums pro rata 1608 559 67 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 626 40051 unearned premiums pro rata 306 641 10 29 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1914 viz Fidelity 3923328 surety 7425487 113 488 15 Burglary and theft 19634 23 34 Salaries rents expenses bills accounts fees etc due or accrued 6455 64 35 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 55 703 36 Dividends declared and unpaid to stockholders 6o240 00 39 Return premiums 17650 76 40 Reinsurance 42709 37 41 Advance premiums one hundred per cent 11743 08 42 Other liabilities viz 43 Income tax deducted at source due internal rev dept 601 66 44 Mexican bank exchange 19 098 65 51 Total amount of all liabilities except capital 3534 719 74 52 Capital actually paid up in cash 2000000 00 53 Surplus over all liabilities 1876 530 31 54 Surplus as regards polieyholders 3 876 530 31 55 Total liabilities 7411250 05 NoteThe estimate of this company of amounts to be paid on account of losses incurred and reported are sufficiently large to cover losses incurred of which the company had not received notice prior to December 31 1914 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Fidelity 2433305 surety 1433829 burglary and theft 187282 total 40544 16 Gross losses paid Fidelity 1145436 surety 1570317 burglary and theft 108436 total 28241 891006 ComptrollerGenerals Eeport NEW ENGLAND CASUALTY COMPANY OF BOSTON MASS Corwin McDowell President Allan Forbes Secretary W E Harrington Attorney for Service ICapital Stock Amount of capital paid up in cash 1000000 00 Amount of ledger assets as per balance December 31 of previous year 2566519 01 IIIncome 1 Gross premiums written and renewed during the vear Accident 11372167 health 9150925 liability 901 99266 workmens compensation 54072481 fidelity 8935197 surety 44205072 plate glass 8073016 burglary and theft 13261614 auto and teams prop erty damage 9777419 total 2490471 57 2 Deduct reinsurance Accident 366234 health 114001 liability 987703 workmens compensation 661876 fi delity 446378 surety 5665292 plate glass 36223 burglary and theft 1795628 total 100733 35 3 Deduct return premiums on policies can rolled Accident 458737 health 2 87844 liability 8617177 workmens compensation 4671988 fidelity 4 61439 surety 2645600 plate glass 515802 burglary and theft 574125 auto and teams property damage 7 26563 total 189492 75 4 Deduct premium on policies not taken Ac cident 1315626 health 803594 li ability 18855626 workmens com pensation 6531940 fidelity 680703 surety 6292281 plate glass 18032 54 burglary and theft 3889059 auto and teams property damage 1809402 total 419814 85 5 Total deductions Accident 2140597 health 1205439 liability 28450506 workmens compensation 118ComptrollekGenerals Eepokt 1007 65S04 fidelity 1588520 surety 14603173 plate glass 23oo279 burglary and theft 6258812 auto and teams property damage 2535965 total n0040 95 6 Net premiums Accident 9231570 health 7945486 haihty 61748760 workmens compensation 422 06677 fidelity 7346677 surety 29601899 plate glass 5717737 burglary and theft 7002802 auto and team8 Property damage 7241454 total 1780430 62 21 Policy fees required or represented by applications 4 349 00 23 Gross interest on mortgage loans per Schedule B 0Q 25 Gross interest on bonds and dividends on stocks per Schedule D 75 974 38 26 Gross interest on deposits in trust com panies and banks per Schedule N 2 018 86 27 Gross interest from all other sources Mis cellaneous interest 766 94 31 Total gross interest and rents 80535 18 32 i rom other sources Profit and loss 55 06 37 From agents balances charged off 3 86 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 2 869 71 40 Total income 1868243 43 IIIDisbursements 1 Gross amount paid for losses Accident 5196202 health 2920758 liability 26960701 workmens compen sation 26687263 fidelity 1545294 surety 399 48545 plate glass 2069949 burglary and theft 48 54437 auto and teams property damage 1400603 workmens collective 190341 total 1117740 93 2 Deduct reinsurance Accident 531246 health 51126 fidelity 25100 surety 2818737 plate glass 8333 burglary and theft 287205 total 37217 47 3 Deduct salvage Accident 2400 health 8214 liability 197751 fidelity 1 18713 surety 12644317 plate glass 8068 burglary and theft 69502 au to and teams property damage 33750 total 130827 15 4 Total deduction Accident 533646 health 59340 lia bility 197751 fidelity 143813 surety 154630541008 ComptrollerGenerals Report plate glass 16401 burglary and theft 356707 au to and teams property damage 33750 total 5 Net amount paid policyholders for losses Accident 46 62556 health 2861418 liability 26762950 work mens compensation 26687263 fidelity 1401481 surety 24485491 plate glass 2053548 burglary and theft 4497730 auto and teams property damage 1366853 workmens collective 190341 total 18 Investigation and adjustment of claims viz Accident 91368 health 4202 liability 13517380 work mens compensation 1923873 fidelity 138686 sure ty 1632429 plate glass 9325 burglary and theft 224378 auto and teams property damage 431793 workmens collective 5553 total 23 Policy fees retained by agents 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 3322893 health 2633982 liability 176 02205 workmens compensation 6324950 fidelity 1240556 surety 7566674 plate glass 2048379 burglary and theft 2826568 auto and teams prop erty damage 1942003 workmens collective 80926 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 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 State county and mu nicipal licenses and fees 43 Legal expenses 44 Advertising 15 Printing and stationery 46 Postage telegraph telephone and express 47 Furniture and fixtures 49 Other disbursements Home office traveling 1050900 exchange and collec tion fees 63650 total Underwriting Association fees and subscriptions 3217 44 P S revenue tax stamps 2101 1 total Insurance on companys employees and property Home office maintenance and supplies 723841 exami nation of company 2165948 total 54 Agents balances charged off 168044 62 949696 31 179789 90 4349 00 455891 36 131840 19 75207 07 15134 39 13159 60 26548 44 3358 28 1464 84 9898 47 4669 68 24462 30 13513 18 8617 93 11145 56 3476 55 312 20 28897 89 200 82 ComptrollerGeneral s Eeport 56 Gross decrease by adjustment in book value of edge assets viz Bonds per Schedule D 57 Total disbursements 1009 128 20 1961852 16 IVLedger Assets stocks 300581 not on interest 1 Book value of real estate per Schedule A 2 Mortgage loans on real estate per Schedule B firstliens 4 Book value of bonds 150922132 and 63 per Schedule D 5 Cash in company s office 6 Deposit in trust companies and banks per Schedule N 7 Deposits in trust companies andbanks oninterest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 489938 health 522854 liability 8690718 workmens compensation 6089295 fidelity 724940 surety 3565399 plate glass 1270997 burglary and theft 1558735 auto and teams prop erty damage 535973 total On policies or renewals issued prior to Oc tober 1 1914 Accident 36194 health 17608 liability 3050266 workmens compensation 4770559 fidelity 1 21817 surety 8454841 plate glass 86202 burglary and theft 353237 auto and teams property damage 212 64 workmens collective 2067 6 to tal 234488 49 171187 50 25 Total New York excise reinsurance fund 86335 advance on contracts 904905 total Agents difference 2761070 depositwithSuretyAsso ciation 50000 total Workmens Compensation Reinsurance Bureau 31 Ledger assets as per balance Ttem 58 10997 79 43050 00 1809802 95 28566 01 51358 33 13518 45 26 Agents balances premiums only 3977603 2792027 S 30 It Other ledger assets viz 9912 40 28110 70 4221 36 2472910 281010 ComptrollerGenerals Report NonLedger Assets 32 Interest due 25000 and accrued 31425 on mortgages per Schedule B 564 25 33 Interest accrued on bonds per Schedule D Part 1 17234 39 37 Deposit in suspended bank 4000 00 44 Gross assets 2494708 92 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1914 171187 50 53 Book value of ledger assets over market value viz 54 New York Excise reinsurance fund 464 18 55 Agents differences 2761070 deposit with surety asso ciation 50000 total 28110 70 56 Book value of bonds and stocks over market value 48517 40 57 Agents balances over three months due 27920 27 58 Admitted assets 2218508 87 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 635926 health 491512 fidelity 1118691 surety 9451122 plate glass 163369 burglary and theft 439792 auto and teams property damage 9 65891 total 132663 03 4 Losses and claims resisted Accident 534100 health 48214 fidelity 972078 surety 500100 burglary and theft 340800 auto and teams property damage 590500 total 29857 92 5 Total losses and claims Accident 1170026 health 5 39726 fidelity 2090769 surety 9951222 plate glass 163369 burglary and theft 780592 auto and teams property damage 1556391 total 162520 95 3 Deduct reinsurance per Schedule E Accident 2500 fidelity 170000 surety 267121 burglary and theftl51879 total 5915 00 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 1172526 health 5397 26 fidelity 2260769 surety 10218343 plate glass 163369 burglary and theft 932471 auto and teams property damage 1556391 total 168435 95ComptrollerGenerals Eeport ion 17 8prrr paid nahm k 21 Estimated expenses of Ration and adt of 28888 26 unpaid caim A ident 233J9 and itzf 15378J f6 glaSS 738j 26 Gross premiums less reinsurance upon all 6658 2 unexpired risks running one year or less from date of policy 323638307 un earned premiums pro rata 535 M g4 1 Gross premiums less reinsurance upon all nnexpired risks running more than one year from date of policy 16390798 unearned premiums pro rata 86942 39 28 Tpaaigel7arned PremiUmS aS Sh0wn b it 29 Commissions brokerage and other chargesdueor to be 62228S come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 118565 health 126531 liability 21 031 54 workmens compensation 1473609 fidelity 1 754 35 surety 862827 plate glass 307581 burglary and tAett 377214 auto and teams property damage 1 y05 total U Salaries rents expenses bmaccountsfeeetcdue 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 hundredper cent g J5 51 Total amount of all liabilities except capital7lll4 52 Cap a actually paid up in cash 10oo000 00 53 Surplus over all liabilities 107 026 35 54 Surplus as regards policyholders imm 35 55 Total liabilities 2218508 87 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 450493 health 4 11129 liability 946584 fidelity 92598 surety 82086 plate glass 135661 burglary and theft1012 ComptrollerGenerals Report 61445 auto and teams propertydamage 80116 to tal 22601 12 Gross losses paid Accident 87615 health 143525 liabili ty 242230 plate glass 100949 burglary and theft 41782 auto and teams property damage 17478 to tal 6335 7 NEW YORK PLATE GLASS INSURANCE COMPANY Maiden Lane and William Street Major A White President 3 Carroll French Secretary Coke Davis 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 1052450 56 IIIncome 1 Gross premiums written and renewed during the year Plate glass 2 Deduct reinsurance Plate glass 333 54 3 Deduct return premiums on policies can celled Plate glass 87656 55 4 Deduct premium on policies not taken Plate glass 42550 55 5 Total deductions 719569 72 130540 64 6 Net premiums Plate glass 23 Cross interest on mortgage loans per Schedule B 25 Cross interest on bonds and dividends on stocks less 12695 accrued interest on bonds acquired during 1914 per Sched ule D 26 Cross interest on depoits in trust com panies and banks per Schedule N 589029 08 70 00 40028 33 885 14 31 Total gross interest and rents 37 From agents balances previously charged off 40983 47 131 22 ComptrollerGenerals Report 1013 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 28 00 43 75 40 Total income 630215 52 IIIDisbursements 1 Gross amount paid for losses Plate glass 24fi 04n n 3 Deduct salvage Schedule H Plate gfass 7fitl 87 5 Net amount paid policyholders for losses Plate glass 277 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 29 Salaries fees and all other compensation ofofficers di rectors trustees and home office employees 59 667 8o 30 Salaries traveling and all other expenses of agents not paid by commissions 33 Bents 4043 32 ofi 10493 98 36 State taxes on premiums g g 37 Insurance department licenses and fees 7355 88 38 All other licenses fees and taxes 39 Federal corporation tax 40 Municipal licenses A1 w 768 96 41 ar revenue tax 43 Legal expenses 44 Advertising 4 482 SO 45 Printing and stationery 1 735 34 46 Postage telegraph telephone and express ioiq o 47 Furniture and fixtures u6 71 48 Stockholders for interest or dividends amountdeclared 4Q nUTinJe ye 4000000 38000 00 49 Other disbursements 50 Underwriters Associations o ooi on 51 Incidental office expenses 4n 0 54 Agents balances charged off 589 44 57 Total disbursements 58434 u IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 4 Book value of bonds 20258806 and stocks 69302278 per Schedule D 5 Cash in companys office 1000 00 895610 84 13484 691014 ComptrollerGenerals Report 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Plate glass 138576 42 On policies or renewals issued prior to Oc tober 1 1914 Plate glass 7349 30 3717 76 38586 63 25 Total 145925 72 31 Ledger assets as per balance Item 58 1098325 64 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 33 Interest accrued on bonds per Schedule D Part 1 44 Gross assets Deduct Assets Not Admitted 58 Admitted assets 9 50 3301 96 1101637 10 50 Premiums in course of collection written prior to Octo ber 1 1914 7349 30 51 Overdue and accrued interest on bonds in default 520 83 52 Market value of special deposits in excess of correspond ing liabilities per special deposit schedule 20190 86 53 Book value of ledger assets over market value viz 54 Bonds and stocks 86831 84 1744 27 VLiabilities 1 Losses and claims adjusted Plate glass 6200 13 2 Losses and claims reported or in process of adjustment Plate glass 4067 00 3 Losses and claims incurred but not reported Plate glass 10000 00 5 Total losses and claims Plate glass 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 58786813 un earned premiums fifty per cent 27 Iross premiums less reinsurance upon all unexpired risks running more than one 293934 06 20267 13 ComptrollerGenerals Eeport 1015 year from date of policy 4251063 un earned premiums pro rata 19j551 98 28 TpageU6eand PremlUmS 8S ShWn by 29 Commissionbh Vharg due tobe 313486 TZl S 1 fDtS r brkerS n PIieies issid on or after October 1 1914 viz Plate glass oarrTeerrdtSeXPnSeS aCUmtS 35 indir feuae and other taxes based upon the business of the year of this statement 36 Dividends declared and unpaidto stockholders 51 Total amount of all liabilities except capital I 53 Sut f P CaSh MOO oO 53 Surplus over all labilities 392o99 6Q 54 Surplus as regards policyholders 55 Total liabilities 45391 50 500 00 5000 00 10000 00 394644 67 592099 60 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Plate glass Gross losses paid Plate glass 986744 27 3541 28 2073 67 NORTH AMERICAN ACCIDENT INSURANCE CO OF CHICAGO ILL E C Waller President Wm A h Forrest Secretary Wm A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up 9 a TV 20000000 Z Amount of ledger assets as per balance December 31 of previous year 763280 26 IIIncome 1 Gross premiums written and renewed during the vear Accident 1228555 171016 COMPTKOLLERG EN ERAL S EEPORT 2 Deduct reinsurance Accident S Deduct return premiums on policies can celled Accident 4 Deduct premium on policies not taken Accident 544181 1910 12 105891 40 5 Total deductions Accident 11824 33 21 23 24 Net premiums Accident j no 311 4 Policy fees required or represented by applications Gross interest on mortgage loans per Schedule B less 15692 accrued inter est on mortgages acquired during 1914 Gross interest on collateral loans per Schedule C Gross interest on bonds and dividends on stocks less 27333 accrued interest on bonds acquired during 1914 per Sched ule D Gross interest on deposits in trust com panies and banks per Schedule N Gross interest from all other sources Ac vances to agents 118085 00 10745 58 2430 00 19398 89 538 60 49 00 31 Total gross interest and rents 33 igo 1 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D Ijg 5 40 Total income 1261677 66 IIIDisbursements 1 Gross amount paid for losses Accident 2 Deduct reinsurance Accident 47262 34 872 51 5 Net amount paid policyholders for losses Accident 18 Investigation and adjustment of claims viz Accident 23 Policy fees retained by agents 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 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 33 Rents 36 State taxes on premiums 471748 83 1567 83 118085 00 345097 10 109156 66 58937 42 335 8 16036 16 17929 99ComptrollerGenerals Report 1017 37 Insurance department licenses and fees S9 38 All other licenses fees and taxes 82 39 Federal corporation tax 40 Municipal licenses and taxes 57 16 43 Legal expenses 1950 52 44 Advertising 3198 42 45 Printing and stationery 2562 01 46 Postage telegraph telephone and express J JJ 4 Furniture and fixtures 868 36 48 Stockholders for interest or dividends JS 49 Other disbursements 4000 00 50 Bank exchange 51 Hospital fees 1434 23 52 Incidental expense 2265 94 53 Traveling expenses home office 505605expenses I rectors meeting 8000 total lqr Q 54 Agents balances charged off 57 Total disbursements 1246450 10 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens iy8 900 00 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 4 Book value of bonds per Schedule D 1 5 Cash in companys office JJJJ Ij 6 Deposit in trust companies and banks not on interest per Schedule N r fjQfi oc 7 Deposits in trust companies and banks on interest per Schedule N 1 j 1 4 c i 1 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 25 166 57 On policies or renewals issued prior to Oc tober 1 1914 Accident 2 128 10 25 Total 9R R 27294 67 26 Bills receivable ugl2 4g 31 Ledger assets as per balance Item 58 778 507 82 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 3 23 69 33 Interest due 771875 and accrued 280831 on bonds per Schedule D Part 1 1Q g91018 ComptrollerGenerals Eeport 34 Interest accrued on collateral loans per Schedule Part 1 44 Gross assets 387 25 792654 82 Deduct Assets Not Admitted 46 Bills receivable 50 Premiums in course of collection written prior to Octo ber 1 1914 51 Overdue and accrued interest on bonds in default 53 Book value of ledger assets over market value viz Bonds 58 Admitted assets 11212 48 2128 10 7718 75 17529 15 754066 34 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 3 Losses and claims incurred but not reported Accident 4 Losses and claims resisted Accident 5 Total losses and claims Accident 6 Deduct reinsurance per Schedule E Accident 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 26303824 un earned premiums fifty per cent 131519 12 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 465000 un earned premiums pro rata 3690 00 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 34 Salaries rents expenses bills accounts fees etc due or accrued 86543 97 23000 00 18770 50 128314 47 382 14 127932 33 500 00 135209 12 9487 79 1745 30ComptrollerGenerals Eeport 1019 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 40 Keinsuraaee 18000 00 41 Advance premiums one hundred per cent M JJJ Q8 51 Total amount of all liabilities except capital STT 52 Cap a actually paid up in cash 200000 32521 01 03 Surplus over all liabilities 2285i5 33 54 Surplus as regards policyholders 42 g4g 3g 55 Total liabilities 754066 34 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident B r Gross losses paid Accident Z T1 10377 05 OCEAN ACCIDENT AND GUARANTEE CORPORATION Ltd OF N Y William J Gardner Manager and Attorney for U S Branch Edgar Dunlap 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 5286027 76 IIIncome 1 Gross premiums written and renewed during the year Accident 47694412 health 14867954 liability 2 51533565 workmens compensation 1804 820 80 fidelity 6062889 plate glass 12066594 steam boiler 11157743 burglary and theft 391432 90 credit 43813077 auto and teams property dam age 28921815 workmens collective 2068025 to 9 a 6378114 44 Z Deduct reinsurance Accident 5186612 health 302840 liability 5879571020 ComptrollerGenerals Eeport workmens compensation 879033 fi delity 246845 steam boiler 8080 55 burglary theft 5798929 total 138102 71 3 Deduct return premiums on policies can celled Accident 1613514 health 675636 liability 38531506 work mens compensation 20551128 fideli ty 330744 plate glass 493259 steam boiler 987197 burglary and theft 2628730 credit 286492 au to and teams property damage 37025 53 workmens collective 260784 to tal 700615 43 4 Deduct premium on policies not taken Ac cident 7982287 health 3171271 liability 40295863 workmens com pensation 27602629 fidelity 4863 78 plate glass 2059579 steam boil er 1439226 burglary and theft 86 04498 credit 34000 auto and teams property damage 5845350 workmens collective 111763 total 976328 44 5 Total deductions Accident 14782413 health 41497 47 liability 79415326 workmens compensation 49032790 fidelity 1063967 plate glass 2552838 steam boiler 3234478 burglary and theft 170321 57 credit 320492 auto and teams property dam age 9547903 workmens collective 372547 total 1815046 5S 6 Net premiums Accident 32911999 health 10718207 liability 172118239 workmens compensation 1 31449290 fidelity 4998922 plate glass 9513756 steam boiler 7923265 burglary and theft 221111 33 credit 43492585 auto and teams property dam aye 19373912 workmens collective 1695478 total 4563067 86 23 Gross interest on mortgage loans per Schedule B 8190 00 25 Iross interest on bonds and dividends on stocks less 571963 accrued interest on bonds acquired during 1914 per Schedule D 170654 88 26 Cross interest on deposits in trust com panies and banks per Schedule N 5867 98 27 Cross interest from all other sources Gros interest on notes for premiums etc 1079 41 31 Total gross interest and rents 185792 27 ComptbollebGeneeals Report 1021 37 From agents balances previously charged off 151 8S 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 40 Total income 4749729 58 HIDisbursements 1 Gross amount paid for losses Accident 127 43429 health 4655712 liability 98165259 workmens compensation 33555919 fidelity 2188922 plate glass 3571426 steam boiler 249509 burglary and theft 8850061 credit 28968799 auto and teams 448248 workmens collective 978347 total 2013756 31 4 Deduct reinsurance Accident 1148123 health 188777 liability 1028642 steam boiler 124753 burglary and theft 2424970 total 49152 65 i Deduct salvage Fidelity 214244 plate glass 5842 burglary and theft 1 61732 credit 6674781 auto and teams property damage 311059 total 73676 58 4 Total deductions Accident 1148123 health 1887 77 liability 1028642 fidelity 214244 plate glass 58 42 steam boiler 124753 burglary and theft 25 S6702 credit 6674781 auto and teams property damage 311059 total 122 829 23 5 Net amount paid policyholders for losses Accident 115 95306 health 4466935 liability 97136617 work mens compensation 33555919 fidelity 1974678 plate glass 3565584 steam boiler 124756 burglary and theft 6263359 credit 22294018 auto and teams property damage 7137189 workmens collec tive 978347 total 1 890 927 08 16 Investigation and adjustment of claims viz Accident 1379827 health 390417 liability 22211352 workmens compensation 6190461 total 301720 57 Fidelity 346231 plate glass 111915 stm boiler 1 R 06f18 t0tal 5643 64 Burglary and theft 1506949 credit 985970 total 24929 1 Auto and teams property damage 1181866 workmens collective 114615 total 12m gl L4 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 12099052 health 3858563 liability 375 35480 workmens compensation 18941477 total 724345 721022 ComptrollerGenerals Report Fidelity 1139645 plate glass 3338822 steam boiler 1805548 total 62840 15 Burglary and theft 6667536 credit 8284857 total 149523 93 Auto and teams property damage 4413275 workmens collective 287971 total 47012 46 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 216132 85 30 Salaries traveling and all otheT expenses of agents not paid by commissions 129662 76 32 Inspection other than medical and claim 90025 67 33 Rents 24407 52 36 State taxes on premiums 79879 70 37 Insurance department licenses and fees 4044 19 38 All other licenses fees and taxes 39 Federal corporation tax 2 22 40 Agents licenses 3474 17 41 City and county tax on premiums 3054 05 42 Publication fees 590 31 43 Legal expenses 2758 88 44 Advertising 6100 15 45 Printing and stationery 20246 49 46 Postage telegraph telephone and express 14080 78 47 Furniture and fixtures 4918 79 49 Other disbursements Assn dues and asses 794158 pub subs 57343 au ditor s fees 200000 total 10515 01 Discount and exchange 149970 insp and mere reports 119630 repairs and alts 290454 total 5600 54 Tabulating machine 141684 insurance 104604 gen eral expense 555224 total 8015 12 Interest on investment and dividend to home office 223729 81 54 Agents balances charged off 31201 60 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 2500 00 57 Total disbursements 4100848 16 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 132000 00 4 Book value of bonds per Schedule D 4799046 53 5 Cash in companys office 4047 83 6 Deposit in trust companies and banks not on interest per Schedule N 15912 26 7 Deposits in trust companies and banks on interest per Schedule N 185717 32ComptrollerGenerals Report 1023 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 4565528 health 2035998 liability 22948641 workmens compensation 20396342 fidelity 1358801 plate glass 19 37421 steam boiler 2216936 bur glary and theft 3948778 auto and teams property damage 2911228 workmens collective 85051 total On policies or renewals issued prior to Oc tober 1 1914 Accident 363674 health 132313 liability 2387623 workmens compensation 2783682 fidelity 27090 plate glass 117751 steam boiler 77923 burglary and theft 116967 auto and teams prop erty damage 271536 workmens col lective 3920 total 624047 24 27 62824 79 25 Total 26 Bills receivable Other ledger assets viz Due from reinsuring companies per Schedule E Equity in Workmens Compensation Reinsuring and In spection fund Premium notes 560000 dep State Workmens compen sation commission 500000 total Sundry balances 686872 03 15124 54 3238 08 33992 40 10600 00 48358 19 31 Ledger assets as per balance Item 58 5 934 909 18 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 1 320 00 33 Interest due 3422834 and accrued 2875394 on bonds per Schedule D Part 1 g2 982 28 44 Gross assets 59g92n 46 Deduct Assets Not Admitted 46 Bills receivable jg jg4 54 50 Premiums in course of collection written prior to October 1914 62824 79 53 Book value of ledger assets over market value viz1024 ComptrollerGenerals Report 54 Decrease in market value of bonds 296420 53 55 Sundry balances 48358 19 58 Admitted assets 5576477 4 1 VLiabilities 1 Losses and claims adjusted Credit on policies expiring prior to Oct 1914 agreement 24385 00 2 Losses and claims reported or in process of adjustment Accident 4368300 health 1425100 fidelity 554500 plate glass 281000 steam boiler 138000 burglary and theft 1769000 credit on policies expiring prior to Oct 1914 1227500 auto and teams property dam age 1883500 workmens collective 88000 total 117349 00 3 Losses and claims incurred but not reported Accident 740000 health 285000 fidelity 460000 plate glass 185000 steam boiler 17500 burglary and theft 125000 auto and teams property damage 432500 workmens collective 4500 total 22900 00 4 Losses and claims resisted Accident 710000 burglary and theft 440000 credit on policies expiring prior to October 1914 635000 auto and teams property dam age 463500 total 22485 00 5 Total losses and claims Accident 581 S3IK health 17 10100 fidelity 1014500 plate glass 466000 steam boiler 155500 burglary and theft 2334000 credit on policies expiring prior to October 1914 43 iHOOO auto and teams property damage 2779500 workmen s collective 133000 total 6 Deduct reinsurance Accident 667100 health 7500 burglary and theft 377000 total 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 5151200 health 17020 00 fidelity 1014500 plate glass 466000 steam boiler 155500 burglary and theft 1957000 credit on policies expiring prior to October 1914 4301000 nut i and teams property damage 2779500 work mens collective 133000 total 17 Special reserve for unpaid liability and workmens com pensation losses 18 Special reserve for credit hisses on policies expiring in October November and December 1914 being fifty per 187119 00 10516 00 176603 Ml 1367597 13ComptrollerGenerals Eeport 1025 cent of 13523792 gross premiums received on said policies less 1200282 paid during said months on losses under said policies 19 Special reserve for accrued losses on credit policies in force December 31 1914 being fifty per cent of 202 80883 earned premiums on said policies 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 200000 health 30000 fi delity 30000 total Plate glass 20000 steam boiler 5000 burglaryand theft 500 credit 2000 total Auto and teams property damage Workmens collective 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 278105029 un earned premiums fifty per cent 1371523 66 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 53616701 unearned premiums pro rata 281222 25 55616 14 101404 42 1701220 99 2600 00 2750 00 2500 00 150 00 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 1702942 health 755355 liability 48880 61 workmens compensation 3120640 total Fidelity 347853 plate glass 709096 steam boiler 565319 total Burglary and theft Auto and teams property damage 678316 workmens collective 12588 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 42 Other liabilities viz 43 Voluntary additional reserve for contingencies 44 Voluntary reserve for depreciation of securities 51 Total amount of all liabilities except capital 54 Sin plus as regards policyholders 55 Total liabilities 1652745 91 104669 98 16222 68 11846 33 6909 04 10000 00 90000 00 9808 74 600000 0 60000 00 4271423 07 1305053 74 5576477 411026 ComptrollerGenerals Report Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 514420 health 188633 liability 2810367 plate glass 186504 steam boiler 27538 burglary and theft 290015 credit 835000 auto and teams property damage 268588 workmens collective 1064934 total 61859 99 Gross losses paid Accident 120672 health 38983 liabil ity 1059153 plate glass 30838 burglary and theft 179925 credit 392671 auto and teams property damage 65322 workmens collective 372710 total 22602 74 PACIFIC MUTUAL LIFE INSURANCE CO OF LOS ANGELES CAL Geo I Coehran President C I D Moore Secretary A C Harmon Savannah Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 100000000 2 Amount of ledger assets as per balance December 31st of previous year 2173871 31 IIIncome 1 Gross premiums written and renewed during the year Ac cident 183156995 health 52975965 total 2361329 60 2 Deduct reinsurance Accident 906920 health 222658 total 1195 78 3 Deduct return premiums on policies cancel led Accident 2662283 health 7 60708 total 34229 91 4 Deduct premiums on policies not taken Ac cident 46274180 health 3672534 total 499467 14 5 Total deductions Accident 49843383 health 46559 00 total 544992 83 6 Net premiums Accident 133313612 health 483200 65 total 1816336 77 21 Policy fees required or represented by applications 25436 00 23 Gross interest on mortgage loans per Schedule B less 19580 accrued interest on mortgages acquired during 1914 96383 68 ComptrollerGenerals Eeport 1027 24 Gross interest on collateral loans per Schedule C 15 81 67 25 Gross mterest on bonds and dividends on stocks less 892 64 accrued interest on bonds acquired during 1914 per Schedule D F 26 Gross interest on deposits in trust Companies and banks per Schedule N 27 Gross interest from all other sources Interest on agents balances 32 From other sources 36 33 Ledger assets other than premiums received from other companies German Commercial Ace Go for assuming their risks 37 From agents balances previously charged off 12902 61 40 Total income I 1984125 84 HIDisbursements 1 Gross amount paid for losses Accident 649 516 76 health 21069380 total 5Q 2 Deduct reinsurance Accident 200784 health 1280 40 total 3288 24 5 Net amount paid policyholders for losses Accident 640 50892 health 20941340 total 849922 32 18 Investigation and adjustment of claims viz Accident 1447392 health 482460 19 298 52 23 Policy fees retained by agents 25436 Qq 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 45822263 health 15274088 610 963 51 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 160 796 06 30 Salaries traveling and all other expenses of agents not paid by commissions 31 108 35 31 Medical examiners fees and salaries 22387 29 32 Inspection other than medical and claim 2439 26 33 Rents including 7200 for companys occupancy of its S6 bUidingS 2371 rfb State taxes on premiums 35 134 p 37 Insurance department licenses and fees 415g j9 38 All other licenses fees and taxes 39 Federal corporation tax m Ar c t jyo jo 40 State and municipal licenses 696 41 Personal property tax 323 6Q 42 State corporation fee s 43 Legal expenses 8658 04 44 Advertising 1028 ComptrollerGenerals Eeport 23186 16 18083 32 3226 94 120000 no 484 73 112 00 346 25 877 73 21757 13 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 49 Other disbursements 50 Premiums on surety bonds 51 Premiums on employers liability insurance 52 Association dues 53 General expenses petty items 54 Agents balances charged off 57 Total disbursements 1994164 54 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 1398285 27 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 4 Book value of bonds per Schedule D 5 Cash in companys office including 57016 in transit 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 23633839 health 8132074 total On policies or renewals issued prior to Oc tober 1 1914 Accident 251745 health 86621 total 260950 00 56000 00 113080 58 10373 97 4100 00 317659 13 3383 66 25 Total 321042 79 31 Ledger assets as per balance Item 58 2163832 61 NonLedger Assets 32 Interest due 12325 and accrued 24 57211 on mortgages per Schedule B 24695 36 33 Interest accrued on bonds per Schedule D Part 1 682 67 34 Interest accrued on collateral loans per Schedule C Part 1 3421 62 44 Gross assets 2192632 26ComptrollerGenerals Report 1029 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1914 3383 66 53 Book value of ledger assets over market value viz 56 Admitted assets Accident Dept 9 189 248 60 57 Admitted assets Life Dept MlBJBm 65 58 Total admitted assets 32604612 25 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 8684004 health 3176572 total u8605 76 3 Losses and claims incurred but not reported Accident 24000 health 6000 total 30 000 00 4 Losses and claims resisted Accident 49686 99 health 273301 total 52i20 00 5 Total losses and claims Accident 16052703 health 4049873 total 20102g 7J 6 Deduct reinsurance per Schedule E Accident 865610 health 216403 total 10 820 13 7 Net unpaid claims except liability and workmens comp claims excluding expenses of investigation and adjust ment Accident 15187093 health 3833470 to 01 aI 190205 63 21 Estimated expenses of investigation and adjustment of un paid claims Accident 1300 health 300 600 00 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1421 45327 unearned premiums fifty per cent 710 726 63 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 7822964 health 2607654 104 306 18 34 Salaries rents expenses bills accounts fees etc due or accrued 5432 93 i Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 36500 00 d6 Dividends declared and unpaid to stockholders payable AnJan 1915 50000 00 41 Advance premiums one hundred per cent 4 07 131030 ComptrollerGenerals Report 42 Other liabilities viz 43 Reserve for contingencies 5605 10 49 Total liabilities Accident Dept 1108448 60 50 Total liabilities Life Dept 29479647 85 51 Total amount of all liabilities except capital 30588096 45 52 Capital actually paid up in cash 1000000 00 53 Surplus over all liabilities including Life Dept 93571580 1016515 80 54 Surplus as regards polieyholders 2016515 80 55 Total liabilities 32604612 25 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or renew ed during the year Accident 2801012 health 11 36151 total 39371 63 Gross losses paid Accident 869077 health 505688 to tal 13747 65 PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK Kimball C Atwood President Wilfrid C Potter Secretary Wm A Wright 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 3221148 37 IIIncome 1 Gtoss premiums written and renewed during the year Accident 116317211 health 33678008 liability 61835981 workmens compensation 651449 fidel ity 231200 surety 45555 plate glass 4775516 burglary and theft 14589681 auto and teams prop erty damage 29986179 total 2621107 80 2 Deduct reinsurance Accident 5065888 health 900028 liability 748500 ComptrollerGenerals Report 1031 plate glass 1772882 burglary and theft 2012010 total 104993 08 3 Deduct return premiums on policies can celled Accident 487871 health 2 93462 liability 7214526 workmens compensation 72104 plate glass 5 45869 burglary and theft 657411 auto and teams property damage 43 61128 total 136323 74 4 Deduct premium on policies not taken Ac cident 11551790 health 6157912 liability 11338837 workmens com pensation 64560 plate glass 12063 33 burglary and theft 2662921 auto and teams property damage 5295791 tota 382781 44 5 Total deductions Accident 17105549 health 73514 02 liability 19301866 workmens compensation 136664 plate glass 3525084 burglary and theft 5332342 auto and teams property damage 9656919 total 624098 26 6 Net premiums Accident 99211662 health 26326606 liability 42534115 workmens compensation 5147 85 fidelity 231200 surety 45555 plate glass 1250432 burglary and theft 9257339 auto and teams property damage 20329260 total 1997009 54 23 Gross interest on mortgage loans per Schedule B 3750 00 25 Gross interest on bonds and dividends on stocks less 573480 accrued interest on bonds acquired during 1914 per Sched ule D 102789 85 26 Gross interest on deposits in trust com panies and banks per Schedule N 2343 70 27 Gross interest from all other sources 270 24 31 Total gross interest and rents 109 153 79 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 1 292 50 40 Total income 2117 455 83 IIIDisbursements 1 Gross amount paid for losses Accident 39964024 health 12111072 liability 10698104 plate glass1032 ComptrollerGeneral s Report 1840709 burglary and theft 3584041 auto and teams property damage 5334470 total 2 Deduct reinsurance Accident 1539303 health 738501 burglary and theft 360659 total 26384 63 3 Deduct salvage Liability 54825 plate glass 8000 burglary and theft 681 13 auto and teams property damage 328395 total 4593 33 735324 20 4 Total deductions Accident 1539303 health 738501 liability 54825 plate glass 8000 burglary and theft 428772 auto and teams property damage 328395 total 5 18 24 29 30 31 32 33 36 37 38 39 40 43 44 45 u Net amount paid for losses Accident 38424721 health 11372571 liability 10643279 plate glass 18327 09 burglary and theft 3155269 auto and teams property damage 5006075 total Investigation and adjustment of claims viz Accident 2210357 health 552589 liability 3564475 workmens compensation 5550 total Plate glass Burglary and theft Auto and teams property damage Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 30872338 health 8099946 liability 85 35102 workmens compensation1 64473 total Plate glass Burglary and theft Auto and teams property damage Salaries fees and all other compensation of officers di rectors trustees and home office employees Salaries traveling and all other expenses of agents not paid by commissions Medical examiners fees and salaries Inspection other than medical and claim Rents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Legal expenses Advertising Printing and stationery Postage telegraph telephone and express 30977 96 704346 24 63329 71 15 00 2495 42 12402 77 475718 59 4247 73 25039 81 47172 38 184673 92 38466 35 577s 4 7 3217 21 22709 2 30363 6i 3842 n7 6135 75 1293 47 2633 07 5199 60 12945 23 8452 84 ComptrollerGenerals Eeport 1033 47 Furniture and fixtures 1 905 55 48 Stockholders for interest or dividends 1680OO 00 49 Other disbursements 3639 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 09 07 Stocks per Schedule D o1jO JO 57 Total disbursements i oa czn 1837857 37 130899 on interest on interest per IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 4 Book value of bonds 276735790 and stocks 36 per Schedule D 5 Cash in companys office 6 Deposit in trust companies and banks not per Schedule N 7 Deposits in trust companies and banks Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 16347572 health 4086893 liability 7377305 workmens compensation 57304 fidel ity 231200 surety 45555 plate glass 79444 burglary and theft 21 77552 auto and teams property dam age 3311805 total 337146 30 On policies or renewals issued prior to Oc tober 1 1914 Accident 2848962 health 712240 liability 1032900 plate glass 38692 burglary and theft 65114 auto and teams property dam age 508014 total 52 059 22 25 Total 26 Bills receivable 27 Other ledger assets viz 75000 00 2898257 26 2355 37 50000 00 69208 41 389205 52 15568 60 1151 67 31 Ledger assets as per balance Item 58 3 500 7 46 83 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 35 013 69 44 Gross assets 3535760 521034 ComptrollerGenerals Report Deduct Assets Not Admitted 46 Bills receivable 15568 60 50 Premiums in course of collection written prior to October 1 1914 52059 22 53 Book value of ledger assets over market value viz Stocks and bonds 152929 08 58 Admitted assets 3315202 72 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 11848871 health 2041398 plate glass 120000 burglary and theft 893200 auto and teams property damage 2409200 total 173126 69 3 Losses and claims incurred but not reported Accident 427800 health 210600 burglary and theft 300 00 auto and teams property damage 99100 total 7675 00 4 Losses and claims resisted Accident 1302500 health 61250 burglary and theft 155000 total 15187 50 5 Total losses and claims Accident 13579171 health 2313248 plate glass 120000 buTglary and theft 1078200 auto and teams property damage 25083 00 total 6 Deduct reinsurance per Schedule E Accident 750000 burglary and theft 53000 total 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 12829171 health 23 1324 plate glass 120000 burglary and theft 10 25200 auto and teams property damage 2508300 total 17 Special reserve for unpaid liability and workmens com pensation losses 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 170000 health 50000 to tal Burglary and theft 30000 auto and teams property damage 250000 total 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 187699828 un earned premiums fifty per cent 938499 12 195989 19 8030 00 187959 19 151852 00 339811 19 2200 00 2800 00ComptrollerGenerals Report 1035 27 Gross premiums Jess reinsurance upon ail unexpired risks running more than one year from date of policy 5592250 un earned premiums pro rata 33032 38 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 3535072 health 1321112 liability 736134 workmens compensa tion 3141 total Fidelity 69360 surety 13744 plate glass 43674 total Burglary and theft Auto and teams property damage 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 36 Dividends declared and unpaid to stockholders 40 Reinsurance 41 Advance premiums one hundred per cent 42 Other liabilities viz 51 Total amount of all liabilities except capital j 52 Capital actually paid up in cash 700000 00 53 Surplus over all liabilities l 000 000 00 969531 50 55954 59 1267 78 4185 20 4576 72 4962 18 34000 00 14000 00 6363 27 2465 55 173084 74 54 Surplus as regards policyholders 55 Total liabilities 1615202 72 1700000 00 3315202 72 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 485853 health 81521 liability 55643 plate glass 10018 bur glary and theft 17688 auto and teams property dam age 14037 total Gross losses paid Accident 132373 health 70741 liabil ity 17655 plate glass 8844 burglary and theft 21570 auto and teams property damage 1500 total 6657 60 2526 881036 ComptrollerGenerals Report PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OF CHATTANOOGA TENN Thomas Maclellan President Robt J Maclellan Secretary W A Wright Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 150000 00 2 Amount of ledger assets as per balance December 31st of previous year 85886 19 IIIncome 1 Gross premiums written and renewed during the year Accident and health 330644 74 21 Policy fees required or represented by applications 4478 05 23 Gross interest on mortgage loans per Schedule B 8128 20 24 Gross interest on collateral loans per Schedule C 675 00 25 Gross interest on bonds and dividends on stocks per Schedule D 1505 00 26 Gross interest on deposits in trust companies and banks per Schedule N 147 25 27 Gross interest from all other sources 28 Bills receivable 883 89 40 Total income 346462 13 IIIDisbursements 1 18 23 24 29 30 31 33 36 37 38 39 Gross amount paid for losses Accident and health 149801 05 Investigation and adjustment of claims viz Accident and health 3466 68 Policy toes retained by agents 4478 05 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 96980 79 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29153 77 Salaries 1 raveling and all other expenses of agents not paid by commissions 16623 83 Medical examiners fees and salaries 240 00 Rents 2445 62 State taxes on premiums 3971 56 Insurance department licenses and fees 1338 00 All other licenses fees and taxes Federal corporation tax 11 86ComptrollerGenerals Eeport 1037 40 Municipal taxes 1 687 25 41 State and county taxes 1280 00 43 Legal expenses 1523 11 44 Advertising i244 54 45 Printing and stationery 3626 93 46 Postage telegraph telephone and express 2870 91 48 Stockholders for interest or dividends 14000 00 49 Other disbursements 50 Traveling expenses 4 280 19 51 General expenses ogi np 54 Agents balances charged off 709 93 57 Total disbursements 34q g9g Q9 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 331005 40 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 10 000 00 4 Book value of bonds 27375 per Schedule D 27375 00 6 Deposit in trust companies and banks not on interest per Schedule N 23256 4g 7 Deposits in trust companies and banks on interest per Schedule N 7000 00 8 Premiums in course of collection viz On policies or re newals issued on or after October 1 1914 Accident and health 37 q9j on 26 Bills receivable 61 99 27 Other ledger assets viz 28 Agents debit balances 2 492 06 29 Furniture and fixtures 3534 98 31 Ledger assets as per balance Item 58 241 753 23 NonLedger Assets 32 Interest accrued on mortgages per Sched ule B 2511 45 33 Interest accrued on bonds per Schedule D Part 1 152 08 34 Interest on collateral loans per Schedule C Part 1 162 50 2826 03 44 Gross assets 244 579 261038 ComptrollerGenerals Report Deduct Assets Not Admitted 46 Bills receivable 47 Furniture and fixtures 53 Book value of ledger assets over market value viz Agents debit balances 58 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident and health 17 Special reserve for unreported losses 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 28701 13 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 1914 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 55 Total liabilities Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident and health Gross losses paid Accident and health 61 Q 3534 98 2492 06 238490 30 4500 00 10000 00 14350 56 4724 68 500 00 6000 00 1142 97 41218 21 10697 67 5646 32 RIDGELY PROTECTIVE ASSOCIATION OF WORCESTER MASS Francis A Harrington President Austin A Heath Secretary Ralph J Winters Atlanta Ga 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 450242 13ComptrollerGeneral s Eeport IIIncome 1 Gross premiums written and renewed during the year Accident and health 3 Deduct return premiums on policies cancelled Accident and health 6 Net premiums Accident and health 21 Policy fees required or represented by applications 25 Gross interest on bonds and dividends on stocks less 57236 accrued interest on bonds acquired during 1914 per Schedule D 18459 31 26 Gross interest on deposits in trust com panies and banks per Schedule N 2 624 16 31 Total gross interest and rents 40 Total income IIIDisbursements 1 Gross amount paid for losses Accident 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 Aceident and health 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 j 33 Rents 36 State taxes on premiums 37 Insurance department licenses and fees 38 All other licenses fees and taxes 39 Federal corporation tax 40 State 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 49 Other disbursements Miscellaneous 54 Agents balances charged off 1039 381370 50 668 03 380702 47 51455 50 21083 47 453291 44 95531 02 132654 59 5780 97 49842 50 18984 09 60335 48 10686 53 2043 42 6382 88 2323 75 604 69 1809 00 257 60 1274 09 5195 41 6685 18 4140 20 10000 00 1418 00 23 691040 ComptrollerGeneral s Eeport 36 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 57 Total disbursements 40 00 416013 09 IVLedger Assets 4 Book value of bonds per Schedule D 5 Cash in companys office 7 Deposits in trust companies and banks on interest per Schedule N 431336 50 990 24 55193 74 31 Ledger assets as per balance Item 58 487520 48 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 44 Gross assets 7166 96 494687 44 Deduct Assets Not Admitted 52 Market value of special deposits in excess of correspond ing liabilities per special deposit schedule i 53 Book value of ledger assets over market value viz Bonds per Schedule D 58 Admitted assets 31376 95 10176 50 453133 99 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 2223390 health 3434304 total 3 Losses and claims incurred but not reported Accident 268916 health 537832 total 4 Losses and claims resisted Accident 58500 health 24900 total 5 Total losses and claims Accident 2550806 health 39 97036 total g 21 Estimated expenses of investigation and adjustment of unpaid claims Accident and health 26 Gross premiums less reinsurance upon all unexpired risks running 3 months from October 15 1914 10720275 unearned premiums pro rata onesixth 17867 13 56576 94 8067 48 834 00 65478 42 842 52ComptrollerGenerals Eeport 27 Gross premiums less reinsurance upon all unexpired risks running 3 months from January 15 1915 519200 unearned premiums pro rata 1415 4 845 87 28 Total unearned premiums as shown by recapitulation page 6 34 Salaries rents expenses bills accounts feesetedue or accrued 35 Estimated amount hereafter payable for federal state and other taxes 41 Advance premiums one hundred per cent 51 Total amount of all liabilities except capitalj 52 Capita actually paid up in cash 10000000 53 Surplus over all liabilities 246sO 87 54 Surplus as regards policyholders 55 Total liabilities 1041 22713 00 3005 63 7614 05 6677 50 106331 12 346802 87 453133 99 Business in the State of Georgia Curing 1914 Gross premiums less return premium on risks written or re newed during the year Accident and health Gross losses paid Accident and health 9334 74 8180 02 ROYAL INDEMNITY COMPANY OF NEW YORK CITY Xo 84 Williams Street Edward F Beddall President William Mackintosh Secretary Dargan and Hopkins Attorneys for Service 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 3631823 97 IIIncome 1 Gross premiums written and renewed during the year Accident 38501362 health 13491081 liability 1 68784414 workmens compensation 157429871 fi delity 17506548 surety 15473463 plate glass1042 ComptrollerGenerals Eeport 16708326 steam boiler 11592340 burglary and theft 30127964 fly wheel 2750171 auto teams prop dam 34570047 workmens collective 10 16727 total 5079523 14 2 Deduct reinsurance Accident 4838303 health 1094651 liability 498104 workmens compensation 643167 fi delity 1361543 surety 2279490 steam boiler 896560 burglary and theft 3173206 fly wheel 342999 auto and teams prop dam 544008 total 15672031 3 Deduct return premiums on policies cancel led Accident 989331 health 4058 63 liability 12523107 workmens compensation 5403785 fidelity 8 59956 surety 923258 plate glass 473762 steam boiler 713184 bur glary and theft 1548404 fly wheel 54340 auto and teams prop dam 3838276 workmens collective 485 32 total 277817 98 4 Deduct premium on policies not taken Ac cident 8620108 health 3447050 liab 34796567 wkmns comp 354 76520 fidelity 1934695 surety 11 97403 plate glass 2673526 stm blr 1837822 burglary and theft 42369 97 fly wheel 381175 auto teams prop dam 7784376 workmens col lective 257989 total 1026442 28 5 Total deductions Accident 14447742 health 49475 64 liability 47817778 workmens compens 415 23472 fidelity 4156194 surety 4400151 plate glass 3147288 steam boiler 3447566 burglary and theft 8958607 fly wheel 778514 auto and teams prop dam 12166660 workmens collective 306521 total 1460980 57 6 Net premiums Accident 24053620 health 8543517 liability 120966636 workmens compensation 1 15906399 fidelity 13350354 surety 11073312 plate glass 13561038 steam boiler 8144774 burg lary and theft 21169357 fly wheel 1971657 auto m teams prop dam 22403387 workmens collective 710206 total 3618542 57ComptrollerGenerals Eeport 25 Gross interest on bonds and dividends on stocks per Sched ule D 26 Gross interest on deposits in trust companiesandbanks per Schedule N 28 Interest on premium notes 37 From agents balances previously charged off 1043 110468 59 8329 89 21 32 160 29 40 Total income 3737522 IIIDisbursements 1 Gross amount paid for losses Accident 117 165 96 health 4690734 liability 63907538 workmens compensation 29584876 fidelity 2528307 surety 1225254 plate glass 6006459 steam boiler 3 47010 burglary and theft 6642938 fly wheel 2 06598 auto and teams prop dam 8537365 work men s collective 404554 total 1357 982 2g Deduct reinsurance Accident 1438129 health 812206 liability 800 fidel ity 8750 burglary and theft 8870 26 auto and teams prop dam 3982 93 total 3 Deduct salvage Schedule H Fidelity 375693 surety 129357 total 2 36244 04 5050 50 4 Tola deduction Accident 1438129 health 812206 liability 800 fidelity 384443 surety 1293 57 burglary and theft 887026 auto and teams prop dam 398293 total 41294 54 5 Net amount paid policyholders for losses Accident 102 78467 health 3878528 liability 63827538 workmens compensation 29584876 fidelity 21438 64 surety 1095897 plate glass 6006459 steam boiler 347010 burglary and theft 5755912 fly wheel 206598 auto and teams prop dam 81 39072 workmens collective 404554 totals 1316687 75 18 Investigation and adjustment of claims viz Accident 596609 health 276294 liability 20557441 workmens compensation 4809954 fidelity 2005 24 surety 168893 plate glass 174691 steam boiler 45 burglary and theft 620890 auto and teams prop dam 2070651 workmens collective 59413 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Ac cident 7770661 health 2746430 liability 290 24 295398 601044 ComptrollerGenerals Eeport 72782 workmens compensation 14512655 fidelity 3649623 surety 2967665 plate glass 4284889 steam boiler 1485494 burglary and theft 56953 35 fly wheel 446701 auto and teams prop dam 5479571 workmens collective 123493 782352 99 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 224787 57 30 Salaries traveling and all other expenses of agents not paid by commissions 127395 97 31 Medical examiners fees and salaries 1077 75 32 Inspection other than medical and elaim 67562 44 33 Rents 31673 54 36 State taxes on premiums 49323 11 37 Insurance department licenses and fees 8156 8G 38 All other licenses fees and taxes 39 Federal corporation tax 1857 23 40 War tax 55678 publication fees 55953 1116 31 41 Agents licenses 487010 city and county tax on prem iums 45289 5322 99 43 Legal expenses 906 41 44 Advertising 5216 61 45 Printing and stationery 40141 12 46 Postage telegraph telephone and express 18225 32 47 Furniture and fixtures 19494 44 49 Other disbursements 50 Employees and agents fidelity bonds 89593 local brd 1645875 17354 68 51 Subscriptions to publications 765 53 52 And fees 248536 ex and col fees 196296 4448 32 53 Ins examiners fees and exp 233176 sundry expen ses 807078 1040254 54 Agents balances charged off 2450 97 56 Gross decrease by adjustment in book value of ledger as sets viz Bonds per Schedule D t 4261 25 57 Total disbursements 3036380 24 IVLedger Assets 4 Book value of bonds per Schedule D 3150272 01 5 Cash in companys office 5407 23 6 Deposit in trust companies and banks not on interest per Schedule N 16117 29 7 Deposits in trust companies and banks on interest per Schedule N 368591 04 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 5852734ComptrollerGenerals Report health 2244145 liability 19843715 workmens compensation 23327575 fi delity 2243144 surety 1767989 plate glass 3273295 steam boiler 2650332 burglary and theft 52816 46 fly wheel 295611 auto and teams prop dam 3282691 workmens col lective 46004 total On policies or renewals issued prior to Oc tober 1 1914 Accident 37810 health 3103 liability 937258 workmens compensation 2070542 fidelity 3 39195 surety 476966 plate glass 41324 steam boiler 9006 burglary and theft 89450 auto and teams prop dam 101533 workmens col lective 138346 total 1045 701088 81 42445 33 25 Total 26 Bills receivable 27 Other ledger assets viz 28 Bal of dep with N Y State W C Com 29 Equity in funds of the W C R Bureau 30 Agents sundry bal and advance trav expenses 31 Ledger assets as per balance Item 58 743534 14 2192 62 160734 39375 71 5869 01 4332966 39 NonLedger Assets 33 Interest accrued on bonds per Schedule D Part 1 44 Gross assets 46419 80 4379386 19 Deduct Assets Not Admitted 46 Bills receivable 50 Premiums in course of collection written prior to October 1 1913 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 53 Book value of ledger assets over market value viz 54 Bonds as per Schedule D 55 Agents sundry bal and adv trav expenses 58 Admitted assets 2192 62 42445 33 44453 58 51258 83 5869 01 4233166 821046 CompteollerGenerals Kepokt VLiabilities 2 Losses and claims reported or in process of adjustment Accident 6565798 health 1213664 fidelity 13 539 surety 19960 plate glass 8215 steam boiler 8700 burglary and theft 3012650 fly wheel 200 auto and teams prop dam 24685 workmens col lective 897 total 3 4 Losses and claims resisted Accident 4530 health 35 fidelity 8499 surety 2000 burglary and theft L 000 auto and teams prop dam 8661 184117 12 24725 00 5 Total losses and claims Accident 7018798 health 12 17164 fidelity 22038 surety 21960 plate glass 8215 steam boiler 8700 burglary and theft 31 12650 fly wheel 200 auto and teams prop dam 33346 workmen s collective 897 total 208842 12 6 Deduct reinsurance per Schedule E Accident 19541 84 health 40046 burglary and theft 665656 auto and teams prop dam 375 total 26973 86 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 5064614 health 11 77118 fidelity 22038 surety 21960 plate glass 8215 steam boiler 8700 burglary and theft 24 46994 fly wheel 200 auto and teams prop dam 2I7 workmens collective 897 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 Accident 1000 health 250 fidelity 250 surety 250 plate glass 75 steam boiler 75 burglary and theft 1000 auto and teams property damage 2500 workmens collective 25 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 279363470 unearned premiums fifty per cent 1396817 35 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 357 S9270 unearned premiums pro rata 205025 00 28 Total unearned premiums as shown by recapitulation page 6 1601842 35 181868 26 585726 27 767594 53 5425 00ComptbollebGenebal s Eepoet 1047 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 1980332 health 800481 liability 3942449 workmens compensation 3411079 fidelity 704726 surety 464481 plate glass 1079039 steam boiler 6163 40 burglary and theft 1763634 fly wheel 68436 auto and teams prop dam 729995 workmens col lective 9178 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 viz Voluntary contingent reserve 155701 70 7500 00 61491 12 350000 00 51 Total amount of all liabilities except capital 2949 554 70 52 Capital actually paid up in cash 1000000 00 53 Surplus over all liabilities 283612 12 54 Surplus as regards polieyholders 1 283 612 12 Total liabilities 49 33166 82 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 771839 health 408872 liability 1812452 fidelity 676296 surety 35184 plate glass 303082 steam boiler 63021 burglary and theft 239710 fly wheel 624 47 auto and teams prop dam 702260 workmens collective 50 total 4 Gross losses paid Accident 409888 health 402208 lia bility 1208319 fidelity 241044 plate glass 2 38182 steam boiler 485 burglary and theft 1 05997 auto and teams prop dam 200541 work men s collective 1050 total 50801 63 28557 291048 ComptrollerGeneral s Keport STANDARD MARINE INSURANCE COMPANY OF NEW YORK CITY W J Roberts United States Manager ffm A Wright Attorney for Service ICapital Stock 1 Deposit capital 200000 00 2 Amount of ledger assets as per balance December 31 of previous year 1044264 89 4 Extended at 1044264 89 IIIncome 5 Gross premiums per item 2 VI page 6 2278837 27 6 Deduct reinsurance premiums marine and inland 94639412 return premiums marine and inland 22511241 total 1171506 53 7 Total premiums other than perpetual 1107330 74 11 Gross interest on bonds and dividends on stocks 28100 50 12 Gross interest on deposits in trust com panies and banks per Schedule X 2206 50 18 From other sources Remittances from home office 1136675 17 28 Total income 2274312 91 IIIDisbursements 1 Gross amount paid policyholders for losses including 54691989 occurring in previous years 1998862 75 2 Deduct amount received for salvage Ma rine and inland 246920 81 Reinsurance Marine and inland 868274 85 8 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 9 Rents 10 Advertising 21750 printing and stationery 503018 total 11 Postage telegraph telephone and express 12 Legal expenses 883667 09 12150 00 93075 60 41221 15 3563 77 5247 68 5732 11 720 59ComptbollebGenekals Kepobt 1049 13 Furniture and fixtures 15 Underwriters Board and Tariff Aviations g 62 20 State taxes on premiums 21 Insurance department licenses and fees Zl 11 22 AH other licenses fees and taxes 92 38 a Federal corporation tax b Other taxes 106 S 23 Other disbursements 3087 Go 24 Traveling expenses 25 Miscellaneous expenses 26 Remittances to home office i or2 tl 38 Agents balances charged off 450 40 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D U1 Stocks per Schedule D tltl r VOO JO 41 Total disbursements 18 IVLedger Assets 4 Book value of bonds 60875900 and stocks 2012500 per Schedule D 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Agents balances representing business written subsequent to October 1 1914 9 Agents balances representing business written prior to October 1 1914 628884 00 75 00 15845 03 314725 96 176996 85 8467 16 16 Total ledger assets as per balance Item 42 1144994 00 NonLedger Assets 18 Interest accrued on bonds per Schedule D Part 1 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1914 38 Book value of ledger assets over market value 8021 03 23894 00 8467 16 4716 74 41 Total admitted assets 1163725 131050 ComptrollerGeneral s Report VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 416645 reserve for losses incurred prior to De cember 31 of which no notiee had been received on that date 3 Gross claims for losses resisted 4 Total 218299 00 9987 00 228286 00 6 Net amount of unpaid losses and claims 185969 49 9 Gross premiums less reinsurance cash and bills re ceived and receivable upon all unexpired marine risks unearned premiums one hundred per cent 231326 91 17 Salaries rents expenses bills accounts fees etc due or accrued 1131 64 18 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 30750 00 19 Contingent commissions or other charges due or accrued 2500 CO 26 Total amount of all liabilities except capital 308025 06 VIRisks and Premiums 1 In force on the 31 day of December as per line 6 under this heading in last years statement 5086271100 360602 85 2 Written or renewed during the year per income No 5 328505814 00 2278837 27 4 Total 379368525 00 2639500 12 5 Deduct those expired and marked off as terminated 332690584 00 2209245 75 6 In force at the end of the year 46677941 00 430254 37 7 Deduct amount reinsured schedule re quired 17584521 00 198927 48 8 Net amount in force 29093420 00 231326 91 Business in the State of Georgia During 1914 27 Gross risks written 5031837 00 Less 360000 risks cancelled and 183914000 reinsur ance in companies authorized in Georgia 1842740 00 Net risks written 3189097 00ComptrollerGenerals Eeport 1051 28 Gross premiums on risks written 48 370 24 Less 1338809 return premiums and 1278380 premiums for reinsurance in companies authorized in Georgia 26171 89 Net premiums received 22J98 35 29 Losses paid deducting salvage 6 450 68 Less losses on risks reinsured in companies authorized in Georgia 2 364 23 Net losses paid 408 45 30 Losses incurred 6g Less losses on risks reinsured in companies authorized in Ge0rSia 531733 Net losses incurred 9 198 35 STANDARD ACCIDENT INSURANCE COMPANY OF DETROIT MICH Lem W Bowen President j s Keaton Secretary E D Clarkson Atlanta 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 4501 234 93 3 Increase of paidup capital during the year 500000 00 IIIncome 1 Gross premiums written or renewed during the year Accident 146366533 health 27403500 liability 1 05633849 workmens compensation 91152361 au to and teams property damage 18253689 workmens collective 1136921 total 3899468 53 2 Deduct reinsurance Accident 2520500 liability 188349 total 27088 49 3 Deduct return premiums on policies can celled Accident 3930128 health 8 19927 liability 11306009 workmens compensation 4526962 auto and teams property damage 1710580 to tal 222936 061052 ComptrollerGenerals Report Deduct premium on policies not taken Accident 18727320 health 5731622 liability 16121356 workmens com pensation 8587556 auto and teams property damage 2830196 workmens collective 68528 total 520665 78 5 Total deductions Accident 25177948 health 65515 49 liability 27615714 workmens compensation 13114518 auto and teams property damage 45407 76 workmens collective 68528 total 770690 33 6 Net premiums Accident 121188585 health 208519 51 liability 78018135 workmens compensation 78037843 auto and teams property daamge 137129 13 workmens collective 1068393 total 3128778 20 21 Policy fees required or represented by applications 37169 61 23 Gross interest on mortgage loans per Schedule B 7387 14 24 Gross interest on collateral loans per Schedule C 1399 88 25 Gross interest on bonds and dividends on stocks less 626366 accrued interest on bonds acquired during 1914 per Schedule D 177428 80 26 Gross interest on deposits in trust com panies and banks per Schedule N 1893 29 27 Gross interest from all other sources 28 Gross interest on bills receivable 76 10 29 Gross interest on deposit with Workmens Compensation Reinsurance Bureau 520 55 31 Total gross interest and rents 188705 76 39 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 16401 90 40 Total income 3371055 47 111Disbursements 1 Gross amount paid for losses Accident 52984088 health 7784134 liability 41280259 workmens compensation 21586582 auto and teams property damage 4627563 workmens collective 727275 total 1289899 01CompteollebGenebals Eepoet 2 Deduct reinsurance Accident 538089 liability 5 00000 total 1053 10380 89 5 Net amount paid policyholdersfor losses Accident 524 4o999 health 7784134 liability 40780259 work mens compensation 21586582 auto and teams property damage 4627563 workmens collective 7 27275 total 38 Investigation and adjustment of claims viz Accident 2665894 health 239418 liability 12896993 workmens compensation 2817375 auto and teams property damage 224300 workmens collective 37500 total g0 23 Policy fees retained by agents 37 169 gl 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 37341329 health 6360291 liability 191 03743 workmen compensation 9286503 auto and teams property damage 3414515 workmens collec te 165609 total 75 gQ J Salaries fees and all other compensation of officers di rectors trustees and home office employees 169 701 37 30 Salaries traveling and all other expenses of agents not Paid by commissions j g6 32 Inspection other than medical and claim 33 093 16 33 Eents q 12569 58 3b State taxes on premiums 55 761 30 37 Insurance department licenses and fees 11947 42 38 All other licenses fees and taxes 39 Federal corporation tax 330 26 40 Municipal licenses and taxes 1 712 68 41 Publication annual 99 42 Secretary of State 44650 bonds for Ins Depts 226 00 679 50 43 Legal expenses 44 Advertising 3g 4o Printing and stationery 32 552 95 46 Postage telegraph telephone and express 17 360 96 47 Furniture and fixtures 2j63 48 Stockholders for interest or dividends 72500 00 49 Other disbursements 50 Stock dividend 500000 00 51 Traveling expenses of home office employees 6 437 55 52 Bureau assessments reports expenses etc 12858 13 53 Sundry miscellaneous expenses 1605 10 54 Agents balances charged off 497g gg 56 Gross decrease by adjustment in book value of ledger1054 ComptrollerGenerals Eeport assets viz Bonds per Schedule D Part 1 and Part 4 5362615 plus 39383 54019 98 57 Total disbursements 3435924 78 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 4 Book value of bonds 5 Cash in companys office 6 Deposit in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 19717066 health 3891273 liability 8356337 workmens compensation 7389859 auto and teams property damage 17 87339 workmens collective 150680 total 412925 60 On policies or renewals issued prior to Oc tober 1 1914 Accident 1301575 health 410278 liability 2042732 workmens compensation 3344221 auto and teams property damage 1 26769 workmens collective 61347 total 72869 22 25 Total 27 Other ledger assets viz 28 Deposits with Workmens Compensation Special Keinsur ance Fund 29 New York Workmens Compensation Commission 124900 00 23316 23 4090615 10 8768 90 17233 22 150383 21 485794 82 31 Ledger assets as per balance Item 58 NonLedger Assets 34267 84 1086 30 4936365 62 32 Interest accrued on mortgages per Schedule B 2325 68 33 Interest accrued on bonds per Schedule I Part 1 73573 99 34 Interest accrued on collateral loans per Schedule C Part 1 524 74 44 Gross assets 5012790 03ComptrollerGenerals Eeport 1055 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to Octo ber 1 1914 o 72869 22 o2 Market value of special deposits in excess of correspond ing liabilities per special deposit schedule 4 898 70 53 Book value of ledger assets over market value viz Bonds 4691 70 58 Admitted assets 4930330 21 VLiabilities 1 Losses and claims adjusted Accident 2530206 health 541696 auto and teams property damage 523540 workmens collective 62543 total 2 Losses and claims reported or in process of adjustment Accident 11176500 health 1368854 auto and teams property damage 1272535 workmens collec tive 414017 total 3 Losses and claims incurred but not reported Accident 4000000 health 1000000 auto and teams property damage 803925 workmens collective 2 484 40 to tal 4 Losses and claims resisted Accident 36579 85 142319 06 60523 65 124 144 00 5 Total losses and claims Accident 30121106 health 2910550 auto and teams property damage 26000 00 workmen s collective 725000 total 363566 56 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 1690580 health 89450 auto and teams property damage 50000 workmens collective 25000 total 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 234397741 un earned premiums fifty per cent 1171988 72 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 4315301 un earned premiums pro rata 19 117 35 1412495 39 18550 30 28 Total unearned premiums as shown by recapitulation page 6 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or 1191106 07 1056 CompteollerGeneeals Eepoet after October 1 1914 Accident 6850966 health 1311945 liability 1780180 workmens compensa tion 942917 auto and teams property damage 4 46845 workmens collective 22602 total 113554 55 34 Salaries rents expenses bills accounts fees etc due 9024 44 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 61975 56 39 19431 80 41 51 Advance premiums one hundred per cent 6027 14 Total amount of all liabilities except capital 2832165 25 52 Capital actually paid up in cash 1000000 00 53 54 55 Surplus over all liabilities 1098164 96 2098164 96 Surplus as regards policyholders 4930330 21 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 2108461 health 896894 liability 725701 auto and teams prop 38603 74 Gross premiums paid Accident 1588832 health 383134 liability 419019 auto and teams property damage 30335 total 24213 20 THE THAMES AND MERSEY MARINE INSURANCE COMPANY LIMITED OF NEW YORK CITY H K Fowler United States Manager 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 vear 844290 13 4 844290 13 ComptrollerGeneral s Eeport 1057 IIIncome 5 Gross premiums per Item 2 VI page 6 1453062 73 6 Deduct reinsurance premiums marine and inland 56465974 return premiums marine and inland 13926384 total 703923 58 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks per Schedule D 12 Gross interest on deposits in trust com panies and banks per Schedule N 24190 00 749139 15 329 49 17 Total gross interest and rents 18 Prom other sources 19 From and for account of home office 20 Income tax withheld 1914 25 From agents balances previously charged off 28 Total income IIIDisbursements 1 Gross amount paid policyholders for losses 1007338 05 2 Deduct amount received for salvage ma rine and inland 3192254 reinsurance 54619548 total 578118 02 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency expenses 7 Salaries 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 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Emergency revenue 23 Other disbursements 24519 49 554190 44 114 51 7 17 1327970 76 429220 03 1498 31 98243 83 869 13 3665 53 30666 61 3719 41 4264 42 3330 18 242 74 2974 18 8 57 1491 90 410 33 19783 37 4085 70 101 99 1058 ComptrollerGenerals Eeport 24 Miscellaneous expenses 25 To and for account of home office 26 Income tax withheld 1913 38 Agents balances charged off 1900 65 521126 83 68 33 184 25 41 Total disbursements 1127856 29 IVLedger Assets 4 Book value of bonds 50342050 and stocks 25891300 per Schedule D 5 Cash in companys office 6 Deposits in trust companies and banks not on interest per Schedule N 7 Deposits in trust companies and banks on interest per Schedule N 8 Ledger balances representing business written subsequent to October 1 1914 9 Ledger balances representing business written prior to October 1 1914 16 Total ledger assets as per balance Item 42 1044404 60 762333 50 7 54 21280 93 70730 38 149390 59 40661 66 NonLedger Assets 18 Interest accrued on bonds per Schedule D Part 1 4105 41 30 Gross assets 1048510 01 Deduct Assets Not Admitted 34 Ledger balances representing business written prior to October 1 1914 40661 66 38 Book value of ledger assets over market value 80473 50 39 Special deposits 19495 00 41 Total admitted assets 907879 85 VLiabilities 1 Gross losses adjusted and unpaid i 2 Gross claims for losses in process of ad jutment or in suspense plus 2500000 reserve for losses incurred prior to De 1590 11ComptrollerGenerals E EPORT 1059 eember 31 of which no notice had been received on that date 434726 00 4 Total 5 Deduct reinsurance due or accrued 436316 11 165411 00 6 Net amount of unpaid losses and claims 8 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired ocean and inland navgn risks 11682525 unearned premiums fifty per cent 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks unearned premiums one hundred per cent 270905 11 58412 63 60400 87 10 Total unearned premiums as computed above j 1 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 23 All other liabilities viz Income tax withheld 1914 118813 50 6000 00 22864 35 114 51 26 Total amount of all liabilities except capital 418097 47 27 Capital actually paid up in cash 200000 00 28 Surplus over all liabilities 289 182 38 29 Surplus as regards policyholders 30 Total liabilities 489182 38 907879 85 VIRisks and Premiums 1 In force on the 3 day of December as per line 6 under this heading in last years statement 19712180 00 290363 67 2 Written or renewed during the year per income No 5 184129564 00 1453062 73 4 Total 203841744 00 1743426 40 5 Deduct those expired and marked off as terminated 179950116 00 1470868 28 6 In force at the end of the year 23891628 00 272558 121069 ComptrollerGenerals Kepobt 7 Deduct amount reinsured schedule required 8217563 00 95332 00 8 Net amount in force 15674065 00 177226 12 1961063 00 1124157 00 Business in the State of Georgia During 1914 Less reinsurance in companies authorized in Georgia 836906 00 17511 07 12757 46 Less premiums for reinsurance in companies authorized Less losses on risks reinsured in companies authorized in 4753 61 2027 34 1026 29 Less losses on risks reinsured in companies authorized in 1001 05 267 34 1 75 265 59 CONN n Secretary 1517257 26 TRAVELERS INDEMNITY COMPANY OF HARTFORD 700 Main Street Sylvester C Dunham President James H Oobui Herbert F Rasehev Attorney for Service ICapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets as per balance IIIncome 1 Gross premiums written and renewed during the year Accident 5114355 health 7588222 liability 14332666 steam boiler 29231572 fly wheel 1187884 auto and teams property damage 94271027 total ComptrollerGenerals Report 1061 2 Deduct reinsurance Steam boiler 8459 24 fly wheel 390778 total 12 367 02 3 Deduct return premiums on policies can celled Accident 15650 health 2 79155 liability 2101444 steam boil er 1740089 fly wheel 50922 auto and teams property damage 119446 70 total 161319 30 4 Deduct premium on policies not taken Accident 969693 health 1886519 liability 1288295 steam boiler 39 53179 fly wheel 188856 auto and teams property damage 19787037 to tal 280735 79 5 Total deductions Accident 985343 health 2165674 liability 3389739 steam boiler 6539192 fly wheel 630556 auto and teams property damage 317317 07 total 454422 11 6 Net premiums Accident 4129012 health 5422548 liability 10942927 steam boiler 22692380 fly wheel 557328 auto and team property damage 62539320 total 62835 15 22 Inspections 474 33 23 Gross interest on mortgage loans per Schedule B 24485 01 24 Gross interest on collateral loans per Schedule C 3 rjg g 25 Gross interest on bonds and dividends on stocks less 193968 accrued interest on bonds acquired during 1914 per Sched e D 76154 40 26 Gross interest on deposits in trust com panies and banks per Schedule N 2517 44 31 Total gross interest and rents iqq 534 gc 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 2 00 39 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D accrual of disc 2633 68 40 Total income 1172479 02 IIIDisbursements 1 Gross amount paid for losses Accident 1486027 health 2666205 liability 1336505 steam boiler 254531062 CompteollerGexebals Report 62 auto and teams property damage 22859536 to tal 308936 35 3 Deduct salvage Auto and teams property damage 4337 76 18 24 29 30 32 33 36 37 38 39 40 41 42 43 44 45 46 17 48 49 54 56 Net amount paid polieyholders for losses Accident 14 86027 health 2666205 liability 1336505 steam boiler 2545362 auto and teams property damage 22425760 total Investigation and adjustment of claims viz Accident 1300 health 128862 liability 187111 steam boiler 103172 auto and teams property damage 4895111 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 1445934 health 1571169 liability 6437 26 steam boiler 4353790 fly wheel 112035 auto and teams property damage 12343543 total Salaries fees and all other compensation of officers di rectors trustees and home office employees Salaries traveling and all other expenses of agents not paid by commissions Inspection other than medical and claim Bents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Federal corporation tax Capital stock tax 1400000 war revenue tax 27476 State county ami municipal licenses and fees County and municipal taxes Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends Other disbursements Workmens Compensation Service Bureau and other as sociations Insurance of company a employees bange Newspapers periodicals and books Insurance M iscellaneous expense Agents balances charged off Gross decrease b adjustment in book value of ledger 304598 59 15 56 204701 97 39975 26 57235 54 96917 29 13055 92 14815 74 6406 12 222610 14271 76 541 00 481 94 25 00 2313 53 4258 34 4572 63 1088 40 80100 00 1644 19 son 82 111 02 60 44 4H 50 33 11 357 MComptrollerGenerals Report 1063 assets viz Bonds per Schedule D amortization of Premiums 134150 57 Total disbursements T308 IVLedger Assets 2 Mortgage loans on real estate per Schedule B first liens 486 830 00 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 123 850 00 4 Book value of bonds 177264300 and stocks 28 643 62 per Schedule D 1801 2g6 62 5 Cash in companys office 2 096 42 7 Deposits in trust companies and banks on interest per Schedule N g 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 519720 health 832543 liability 180874 fly wheel 104140 auto and teams property damage 7284609 total 132388 33 On policies or renewals issued prior to Oc tober 1 1914 Accident 2500 health 48392 liability 85245 auto and teams property damage 1674886 total 22388 24 25Total Z7777 154776 57 27 Other ledger assets viz Suspense account 128 25 31 Ledger assets as per balance Item 58 2684985 60 NonLedger Assets 32 Interest due 151875 and accrued 612815 on mort gages per Schedule B 7 646 90 33 Interest accrued on bonds per Schedule D Part 1 25886 32 34 Interest accrued on collateral loans per Schedule C Part X 2430 45 44 Gross assets 2720949 33 Deduct Assets Not Admitted 46 Suspense account 128 25 50 Premiums in course of collection written prior to October I 1914 22 388 241064 ComptrollerGenerals Report 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 53 Book value of ledger assets over market value viz Stocks and bonds per Schedule D 18379 57 71662 9fl VLiabilities 2 Losses and claims reported or in process of adjustment Accident 37875 health 316046 steam boiler 2064000 auto and teams property damage 7825659 2608390 31 323 2 102435 80 14515 68 6058 00 3 Losses and claims incurred but not reported Accident 7688 health 40250 auto and teams property damage 1403630 total 4 Losses and claims resisted Auto and teams property 5 Total losses and claims Accident 45563 health 388625 steam boiler 2064000 auto and teams 17 Special reserve for unpaid liability and workmen s com 123332 77 194765 00 318097 77 24764 Id 639065 67 28127 14 1226 63 21 Estimated expenses of investigation and adjustment of unpaid claims Health 19431 steam boiler 57850 auto and teams property damage 2399119 total 26 Gross premiums less reinsurance upon all unexpired Tisks running one year or less from date of policy 76140160 unearned premiums pro rata 371628 42 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 44474106 unearned premiums pro rata 267437 25 28 Total unearned premiums as shown by recapitulation 29 Commissions brokerage and other charges due or to liecome due to agents or brokers on policies issued on or after October 1 1914 viz Accident 181902 health 253498 liab 36175 stm blr 863389 fly will 20828 auto and teams prop dam 1456922 total 84 Salaries rents expenses bills accounts fees etc due ComptrollerGenerals Eeport 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 1065 26501 72 05 35 51 Total amount of all liabilities except capital 1037908 28 52 Capital actually paid up in cash 1000000 00 53 Surplus over all liabilities 570 482 03 54 Surplus as regards policyholders 1 570 482 03 55 Total liabilities 2608390 31 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 38006 health 34 28 liability 58930 steam boiler 115311 fly wheel 4285 auto and teams property damage 10 40710 total Gross losses paid Auto and teams property damage 12606 70 7058 44 TRAVELERS INSURANCE COMPANY OF HARTFORD CONN 700 Main Street Sylvester C Dunham President James L Howard Secretary Harry M Thompson Attorney for Service ICapital Stock 1 Amount of capita paid up in eash 5000000 00 2 Amount of ledger assets as per balance December 31 of previous year 18818396 46 IIIncome 1 Gross premiums written and renewed during the year Accident 513595922 health 83059703 liability 6 96681591 workmens compensation 708194537 workmens collective 1526294 total 20030580 47 2 Deduct reinsurance Accident 14382660 health 1277532 liability 7922004 total 235821 96L066 CompteollebGenebals Eepoet 3 Deduct return premiums on policies can celled Accident 10310856 health 2060309 liability 91228042 work mens compensation 21556020 work mens collective 122413 total 1252776 40 4 Deduct premium on policies not taken Ac cident 71184351 health 15428189 liability 88226129 workmens com pensation 136875157 workmens col lective 165578 total 3118794 04 5 Total deductions Accident 95877867 health 187 66030 liability 187376175 workmens compensa tion 158431177 workmens collective 287991 total 4607392 40 6 Net premiums Accident 417718055 health 642936 73 liability 509305416 workmens compensation 549763360 workmens collective 1238303 total 15423188 07 24 Gross interest on collateral loans per Schedule C 18200 40 25 Gross interest on bonds and dividends on stocks less 1665954 accrued interest on bonds acquired during 1914 per Schedule D 26 Gross interest on deposits in trust com panies and banks per Schedule X 27 Gross interest from all other sources In terest on bills receivable 650191 55 42743 82 2965 21 31 Total gross interest and rents 32 From other sources Income tax withheld at source 37 From agents balances previously charged off 38 Iross profit on sale or maturity of ledger assets viz Bonds per Schedule D Stocks per Schedule D 39 Gross increase by adjustment in book value of ledger isscts viz Bonds per Schedule D accrual of disc 7140Hi 98 1931 74 474 93 794 00 52854 83 10846 57 40 Total income 16204190 72 IIIDisbursements Gross amount paid for losses Accident 180184700 health 26976382 liability 308808029 workmens compensation 127558048 workmens collective 11 10375 total 6446735 34CoMPTKOLLERGrENEEAL s EepORT 1067 2 Deduct reinsurance Accident 4669417 health 5158 08 liability 520250 total 57054 75 5 Net amount paid polieyholders for losses Accident 1 75515283 health 26460574 liability 308287779 workmens compensation 127558048 workmens collective 1146375 total 18 Investigation and adjustment of claims viz Accident 8168255 health 1043570 liability 77757335 workmens compensation 21513992 workmens col lective 56331 total 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 129530692 health 18395622 liability 99453589 workmens compensation 56447758 workmens collective 303207 total 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees Traveling expenses home office 30 Salaries traveling and all other expenses of agents not paid by commissions Salaries traveling and all other expenses of payroll audi tors 31 Medical examiners fees and salaries 32 Inspection other than medical and claim 33 Bents including 7002155 balance life department state ment for companys occupancy of its own buildings 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 Capital stock tax War revenue tax State countj and municipal licenses and fees County and municipal taxes 6389680 59 1085394 83 3041308 68 582599 92 61692 66 761460 90 165144 98 20960 58 440823 11 189450 07 20 42 204404 83 19267 93 16938 09 149875 00 3231 08 5962 96 557 77 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 Heat and light and maintenance of offices 176564 90 6912 02 60222 35 89571 20 88432 13 39531 07 520000 00 29339 291068 ComptbollerGenebals Repokt Workmens Compensation Service Bureau and other associations 23503 46 Bureau of Publicity 8100 00 Insurance of companys employees 10125 11 Newspapers periodicals and books 4724 74 Fiftieth anniversary convention and enter tainment of agents and employees 4157 22 Lunch account home office employees 1272 50 Exchange 1165 65 Insurance 1005 31 Miscellaneous expenses 706 64 Total 84099 92 54 Agents balances charged off 4472 79 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 533 00 56 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D including 10250 98 for amortization of premiums 101041 98 57 Total disbursements 14154226 92 IVLedger Assets 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 309223 40 4 Book value of bonds 1089297700 and stocks 4598 87455 per Schedule D 15491871 55 5 Cash at branch offices 65408 02 6 Deposit in trust companies and banks not on interest per Schedule N 302918 16 7 Deposits in trust companies and banks on interest per Schedule N 1801497 19 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 43040915 health 8237777 liability 66468507 workmens compensation 102284661 workmens collective 162806 total 2201946 66 On policies or renewals issued prior to Oc tober 1 1914 Accident 11370582 health 328075 liability 22627045 workmens compensation 32337351 workmens collective 102703 total 567657 56 25 Total 2769604 22 26 Bills receivable 42226 42ComptrollerGenerals Report 1069 27 Other ledger assets viz 28 Balance of deposit with New York Workmens Compensa tion Commissions 18765 41 29 Agents ledger balances 66845 89 31 Ledger assets as per balance Item 58 20868360 26 NonLedger Assets 33 Interest due 584000 and accrued 15376173 on bonds per Schedule D Part 1 159601 73 34 Interest due 20200 and accrued 148050 on collateral loans per Schedule O Part 1 1682 50 38 Rents on companys property or lease 161284 23 40 Market value not including interest in item 33 or stocks over book value per Schedule D 253801 95 44 Gross assets 21283446 44 Deduct Assets Not Admitted 46 Bills receivable 42226 42 Agents ledger balances 66845 89 50 Premiums in course of collection written prior to October 1 3914 567657 56 51 Overdue and accrued interest on bonds in default 6326 67 58 Admitted assets 20600389 90 VLiabilities 1 Losses and claims adjusted Accident 1763189 health 538834 workmens collective 10575 total 23125 98 2 Losses and claims reported or in process of adjustment Accident 45002729 health 5557052 workmens col lective 210143 total 507699 24 3 Losses and claims incurred but not reported Accident 2611631 health 683058 workmens collective 8264 total 33029 53 4 Losses and claims resisted Accident 94233 57 5 Total losses and claims Accident 58800906 health 6778944 workmens collective 228982 total 658088 32 17 Special reserve for unpaid liability and workmens com pensation losses 3850656 00 20 Total unpaid claims 4508744 32 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 2940045 health 338947 workmens collective 11449 total 32904 411070 ComptrollerGeneral s Report 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1152327224 unearned premiums pro rata 5604486 93 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 46681310 unearned premiums pro rata long term 26524593 10 premium accident 310 69800 575943 93 28 Total unearned premiums as shown by recapitulation page 6 6180430 S6 29 Commmissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 12912275 health 2471333 liability 13293701 workmens compensation 15342699 workmens collective 284 91 total 440484 99 34 Salaries rents expenses bills accounts fees etc due or accrued 156217 37 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 298 839 47 41 Advance premiums one hundred per cent 4303 21 42 Other liabilities viz 43 Reserve accident contingent fund 319 259 52 44 Reserve accident accumulations 236 423 50 45 Reserve liability excess limits 50 989 56 46 Reserve workmens compensation contingent fund 1000000 00 51 Total amount of all liabilities except capital 13228 597 21 52 Capital actually paid up in cash 5000000 00 53 Surplus over all liabilities 2371792 69 54 Surplus as regards polieyholders 7 371 792 69 55 Total liabilities 20600389 90 Business in the State of Georgia During 1914 Gross premiums less Teturn premium on risks written or re newed during the year Accident 5294976 health 2006004 liability 9737231 workmens collective 98767 total 171369 78 Gross losses paid Accident 3234137 health 1510743 lia bility 4297707 workmens collective 21422 total 90640 09ComptrollerGenerals Report 1071 UNION MARINE INSURANCE COMPANY LTD OF NEW YORK CITY F Herrmann Co United States Managers Carleton T Smith Attorney for Service Business in the State of Georgia During 1914 1 Gross risks written 733 620 00 Less 20181200 risks cancelled and 4691600 reinsur ance in companies authorized in Georgia 248728 00 Net risks written 484892 00 2 Gross premiums on risks written 13 341 52 Less 519463 return premiums and 74679 premiums for reinsurance in companies authorized in Georgia 5941 42 Net premiums received 7400 10 3 Losses paid deducting salvage 4700 92 Less losses on risks reinsured in companies authorized in Georgia 447 39 Net losses paid 453 53 4 Losses incurred 5944 92 Less losses on risks reinsured in companies authorized in Georgia 447 39 Net losses incurred 5497 53 UNITED STATES CASUALTY COMPANY OF NEW YORK CITY 80 Maiden Lane Edson S Lott President D G Luckett Secretary John H Mullin Attorney for Service 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 2969507 551072 ComptrollerGenerals Beport IIIncome 1 Gross premiums written and renewed during the year Accident 61789746 health 29665680 liability l27952682i workmens compensation 59439443 plate glass 4262762 steam boiler 6464151 bur glary and theft 10954202 sprinkler 3710842 fly wheel 45494 auto and teams prop dam 90245 13 workmens collective 537152 total 3138466 67 2 Deduct reinsurance Accident 3016931 health 293135 liability 77235 steam boiler 502039 burglary and theft 351175 sprinkler 264503 total 45050 18 3 Deduct return premiums on policies cancel led Accident 1517125 health 7 28175 liability 9978770 workmens compensation 2989502 plate glass 119624 steam boiler 398907 bur glary and theft 488590 sprinkler 3 71616 fly whl 7705 auto and teams prop dam 711462 work col 2550 total 173140 26 4 Deduct premiums on policies not taken Ac cident 9599092 health 6135121 liability 34769571 workmens comp 15489528 plate glass 838769 steam boiler 1533538 burglary and theft 2169295 sprinkler 1071335 fly wheel 1275 auto and teams prop dam 2161242 workmens collective 43431 total 738121 97 5 Total deductions Accident 14133148 health 71564 31 liability 44825576 workmens compensation 18479030 plate glass 958393 steam boiler 24 34484 burglary and theft 3009060 sprinkler 17 07454 fly wheel 8980 auto and teams prop dam 2872704 workmens collective 45981 total 956312 41 23 Net premiums Accident 47656598 health 225092 49 liability 83127106 workmens compensation 40960413 plate glass 3304369 steam boileT 40 29667 burglary and theft 7945142 sprinkler 20 03388 fly wheel 36514 auto and teams prop dam 6151809 workmens collective 491171 total 2182154 26 Gross interest on mortgage loans per Schedule B 14309 39ComptrollerGeneral s Keport 1073 25 Gross interest on bonds and dividends on stocks less 5484388 accrued interest on bonds acquired during 1914 per Sched ule D 99618 47 26 Gross interest on deposits in trust compan ies and banks per Schedule N 2758 78 27 Gross interest from all other sources The Workmens Compensation Reinsurance Bureau 214 45 31 Total gross interest and rents 116901 09 32 From other sources 33 Recovery of items previously charged to profit and loss 799 30 34 United States government taxes withheld 284 36 38 Gross profit on sale or maturity of ledger assets viz Real estate per Schedule A 949 80 Bonds per Schedule D 2345 31 Stocks per Schedule D 2975 00 40 Total income 2306409 12 IIIDisbursements 1 Gross amount paid for losses Accident 24022266 health 10314482 liability 45953252 workmens compensation 8287237 plate glass 984355 steam boiler 138411 burglary and theft 3487832 sprinkler 978162 auto and teams prop dam 23 97292 workmens collective 134696 total 2 Deduct reinsurance Accident 1319642 health 157641 steam boiler 475 Burglary and theft 837488 sprinkler 250424 total 25656 70 966979 85 4 Total deduction Accident 1319642 steam boiler 475 burglary and sprinkler 250424 total health theft 157641 837488 5 Net amount paid policyholders for losses Accident 227 02624 health 10156841 liability 45953252 workmens compensation 8287237 plate glass 9 84355 steam boiler 137936 burglary and theft 2650344 sprinkler 727738 auto and teams prop damage 2397292 workmens collective 134696 total 18 Investigation and adjustment of claims viz Accident 2227183 health 709717 liability 8818940 workmens compensation 2094485 plate glass 699 25656 70 941323 151074 ComptrollerGenerals Eeport 86 steam boiler 75218 burglary and theft 3702 17 sprinkler 218092 auto and teams prop damage 603755 workmens collective 12829 total 152004 22 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Ac cident 14303919 health 6761210 liability 174 90265 workmens compensation 5006169 plate glass 880821 steam boiler 859526 burglary and theft 2131385 sprinkler 531309 fly wheel 110 23 auto and teams prop dam 1376455 workmens collective 85595 total 494376 77 29 Salaries fees and all other compensation of officers direc tors trustees and home office employees 144142 39 30 Salaries traveling and all other expenses of agents not paid by commissions 61246 55 32 Inspection other than medical and claim 43330 68 33 Rents 18953 56 35 Taxes on real estate 60 65 36 State taxes on premiums 29 552 85 37 Insurance department licenses and fees 8511 11 38 All other licenses fees and taxes 39 Federal corporation tax 1 081 87 40 Taxes on personal property 54 41 41 Municipal licenses 1 959 69 43 Legal expenses 3 743 29 44 Advertising 187 53 45 Printing and stationery 26 534 22 46 Postage telegraph telephone and express 11459 96 47 Furniture and fixtures 4 502 24 48 Stockholders for interest or dividends amount declared during the year 50000 49950 00 49 Other disbursements 50 Extended free accident insurance 1 017 33 51 Miscellaneous 1 540 24 52 Profit and loss 37989 internal revenue stamps 1 25565 1335 54 53 Fees of auditors 237367 exchange on cheeks 1523 64 registering stock 125 4022 31 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 18450 00 Stocks per Schedule D 103 25 57 Total disbursements 2 031 343 81 IVLedger Assets 1 Book value of real estate per Schedule A 250 00 2 Mortgage loans on real estate per Schedule B first liens 295500 00ComptbolleeGenebal s Repobt 1075 4 Book value of bonds 109490614 and stocks 1415 44120 per Schedule D 2510347 34 5 Cash in companys office 3 292 45 6 Deposit in trust companies and banks not on interest per Schedule N 72638 49 7 Deposits in trust companies and banks on interest per Schedule N 24 823 44 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 6331614 health 3566930 liability 101410 63 workmens compensation 43877 92 plate glass 687754 steam boiler 998982 burglary and theft 14918 53 sprinkler 308732 fly wheel 5 43 auto and teams prop dam 7 19013 workmens collective 129374 total 287636 50 On policies or renewals issued prior to Oc tober 1 1914 Accident 13601 health 11374 liability 832140 workmens compensation 508723 plate glass 6415 steam boiler 87 auto and teams prop dam 138378 total 15193 31 25 Total 302829 81 27 Other ledger assets viz Cash in hands of resident managers and adjusters 7600 00 Agents ledger balances debits 458168 credits 1 64833 2933 35 State Workmen s Compensation Commission 5000 00 The Workmens Compensation Eeinsurance Bureau fund 19357 98 31 Ledger assets as per balance Item 58 3244572 86 NonLedger Assets 32 Interest accrued on mortgages per Schedule B 33 Interest accrued on bonds per Schedule D Part 1 4253 29 15049 98 44 Gross assets 3263876 13 Deduct Assets Not Admitted 50 Premiums in course of collection written prior to October 1 1913 15193 311076 CompteollebGeneeals Report 52 Market value of special deposits in excess of corresponding liabilities per special deposit schedule 282 25 53 Book value of ledger assets over market value 54 Bonds as per Schedule D page 16 42006 14 55 Stocks as per Schedule D page 17 242626 20 56 Cash in hands of resident managers and adjusters 7600 00 57 Agents ledger balances 458168 U S Government taxes withheld 28436 4866 04 58 Admitted assets 2951302 19 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 45419 health 11507 plate glass 98 steam boiler 1125 burglary and theft 4374 sprinkler 1080 auto and teams prop dam 2939 workmens collective 180 total 3 Losses and claims incurred but not reported Accident 4500 health 2700 plate glass 270 steam boiler 180 burglary and theft 1350 sprinkler 270 auto and teams prop dam 450 workmens collective 180 total 4 Losses and claims resisted Accident 25290 health 900 burglary and theft 1980 auto and teams prop dam 1395 total 5 Total losses and claims Accident 75209 health 15 107 plate glass 368 steam boiler 1305 burglary and theft 7704 sprinkler 1350 auto and teams prop dam 4784 workmens collective 360 total 17 Special reserve for unpaid liability and workmens com pensation losses 20 Total unpaid claims 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 8356 health 1678 plate riass 40 steam boiler 145 burglary and theft 856 sprinkler 150 auto and teams prop dam 531 workmen s collective 40 26 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 177507806 un earned premiums fifty per cent 887539 03 27 Gross premiums less reinsurance upon all unexpired risks running more than one 66722 00 9900 00 29565 00 106187 00 274503 00 380690 00 11796 00ComptbollebGenebals Report 1077 year from date of policy 26993020 earned premiums pro rata 135646 39 28 Total unearned premiums as shown by recapitulation Page 6 1023185 42 29 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 1614562 health 909567 liability 2585971 workmens com pensation 674852 plate glass 175377 steam boiler 254740 burglary and theft 380423 sprinkler 78727 fly wheel 139 auto and teams prop dam 183348 workmens collective 32990 68906 26 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 12822 50 40 reinsurance 6645 29 41 Advance premiums one hundred per cent 543 00 42 Other liabilities viz 43 Special voluntary additional reserve for unpaid liability and workmens compensation losses 77967 00 44 Contingency fund 75684 51 45 Seserve for reinsurance in companies not admitted in New York 9561 51 51 Total amount of all liabilities except capital 1701302 19 52 Capital actually paid up in cash 500000 00 53 Surplus over all liabilities 750000 00 54 Surplus as regards policyholders 1250000 00 55 Total liabilities 2951302 19 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 949152 health 637553 liability 4177464 plate glass 5851 steam boiler 107291 burglary and theft 48474 sprinkler 12850 auto and teams prop dam 1491 66 workmens collective 135647 total 62234 48 Gross losses paid Accident 1921 health 321397 lia bility 2409945 plate glass 1169 burglary and theft 2275 sprinkler 25454 auto and teams prop dam 72347 workmens collective 16729 total 30414 261078 ComptrollerGeneral s Report UNITED STATES FIDELITY GUARANTY CO OF BALTIMORE MD John R Bland President George R Oollis Secretary Wm 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 8225580 80 IIIncome 1 Gross premiums written and renewed during the year Accident 18796540 health 669233S liability 2 x 10395240 workmens compensation 96722805 fi delity 160667978 surety 308541356 platti glass 15188865 steam boiler 458 burglary and theft 37947692 auto and teams property damage 227 53560 workmens collective 12187548 total 2 Deduct reinsurance Accident 920605 health 300625 liability 52054 fidel ity 5519156 surety 18172760 bur glary and theft 2219182 auto and teams property damage 540915 total 277152 97 3 Deduct return premiums on policies can celled Accident 591595 health 2 30006 liability 24854463 workmens compensation 4667085 fidelity 122 25227 surety 29698323 plate glass 692503 steam boiler 18393 burg lary and theft 1750176 auto and teams property damage 2764642 workmens collective 634435 total 781268 48 4 Deduct premium on policies not taken Accident 2450309 health 922656 li ability 29280037 workmens compen sation 10697408 fidelity 5107882 surety 12051123 plate glass 20803 60 burglary and theft 4448665 au to and teams property damage 34209 07 workmens collective 736366 to tal 711957 13 8898944 40 5 Total deductions Accident 3962509 health 14532 87 liability 54186554 workmens compensationComptrollerGeneral s Report 1079 15364493 fidelity 22842265 surety 59922206 plate glass 2772863 steam boiler 18393 burglary and theft 8418023 auto and teams property dam age 6726464 workmens collective 1370801 total 1770378 58 6 Net premiums Accident 14834031 health 5239051 liability 156208686 workmens compensation 813 58372 fidelity 137825713 surety 248619150 plate glass 12416002 steam boiler 17935 burglary and theft 29529669 auto and teams property dam age 16027096 workmens collective 10816747 total 7128565 82 22 Inspections 894 85 23 Gross interest on mortgage loans per Schedule B less 4793 accrued interest on mortgages acquired during 1914 22 93 24 Gross interest on collateral loans per Schedule C 839 60 25 Gross interest on bonds and dividends on stocks less 486667 accrued interest on bonds acquired during 1914 per Sched ule D 207865 55 26 Gross interest on deposits in trust com panies and banks per Schedule N 12420 96 27 Gross interest from all other sources Premium deposits in branch offices 2196 43 Pills receivable 105 00 Sundry account 1402 43 30 Gross rents from companys property in cluding 4500000 for companys occu pancy of its own buildings 68607 50 31 Total gross interest and rents 293414 51 32 From other sources 33 Stock div Northern By Co stock 200 shrs p 25000 10000 00 34 Dept Guaranteed Attys Net 2632 24 35 Munich Reinsurance Co resv account 7225 51 36 Federal income tax deducted from salaries 397 11 37 From agents balances previously charged off 2204 39 38 Gross profit on sale or maturity of ledger assets viz Bonds per Schedule D 2123 42 40 Total income 7447457 88 ITTDisbursements 1 Gross amount paid for losses Accident 6443375 health 2852843 liability 64931161 workmens compen1080 ComptrollerGenerals Report sation 25067967 fidelity 65074419 surety 1 75898089 plate glass 4588472 burglary and theft 10460518 auto and teams property damage 64003 07 workmens collective 6137179 total 3678543 30 2 Deduct reinsurance Accident 523597 health 236033 fidelity 841922 surety 13854345 burglary and theft 826136 auto and teams property damage 275750 total 165577 83 3 Deduct salvage Accident 15000 liabili ty 381835 workmens compensation 14850 fidelity 14087974 surety 54725994 plate glass 60330 bur glary and theft 191539 auto and teams property damage 153118 total 696306 40 4 Total deductions Accident 538597 health 236033 liability 381835 workmens compensation 14850 fidelity 14929896 surety 68580339 plate glass 60330 burglary and theft 1017675 auto and teams property damage 428868 total i 861884 2 5 Net amount paid policyholders for losses Accident 59 04778 health 2616810 liability 64549326 work mens compensation 25053117 fidelity 50144523 surety 107317750 plate glass 4528142 burglary and theft 9442843 auto and teams property dam age 5971439 workmens collective 6137179 total 2816659 07 18 Investigation and adjustment of claims viz Accident 317869 health 25301 liability 10112347 work mens compensation 745391 fidelity 5650841 surety 12588505 plate glass 515 burglary and theft 348733 auto and teams property damage 3 58864 workmens collective 145996 total 302943 62 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 4538707 health 1390401 liability 299 66652 workmens compensation 5517188 fidelity 26424114 surety 51334530 plate glass 3717015 steam boiler 8201 burglary and theft 6981782 auto and teams property damage 2997084 work mens collective 1713361 total 1345890 35 29 Salaries fees and all other compensation of officers di rectors trustees and home office employees 423354 67 30 Salaries traveling and all other expenses of agents not paid by commissions 715092 20 31 Medical examiners fees and salaries 1148 50 32 Inspection other than medical and claim 30572 11CompteolleeGenebals Kepoet 1081 33 Kents including 4500000 for companys occupancy of its own buildings 126038 82 34 Repairs and expenses other than taxes on real estate 20959 65 35 Taxes on real estate 13208 76 36 State taxes on premiums 114281 86 37 Insurance department licenses and fees 22838 88 38 All other licenses fees and taxes 40 State county and city tax on capital stock 33003 37 41 Taxes on personal property 64 59 42 Municipal licenses 5142 14 43 Legal expenses 31486 36 44 Advertising 47803 07 45 Printing and stationery 68341 78 46 Postage telegraph telephone and express 104872 20 47 Furniture and fixtures 16050 39 48 Stockholders for interest or dividends 200000 00 49 Other disbursements Interest Munich Reinsurance Co reserve account 1098 72 Home office traveling expenses 7224 78 Associations and bureaus 9946 47 Dining room expenses 942 95 Subscriptions to charities books papers etc 3407 73 War stamps 1531 64 General miscellaneous expenses 19457 91 54 Agents balances charged off 23424 46 55 Gross loss on sale or maturity of ledger assets viz Bonds per Schedule D 238 50 57 Total disbursements 6507025 55 IVLedger Assets 1 Book value of real estate per Schedule A 735006 64 2 Mortgage loans on real estate per Schedule B first liens 3000 00 3 Loans secured by pledge of bonds stocks or other collat erals per Schedule C 29399 00 4 Book value of bonds 508977362 and stocks 468504 44 per Schedule D 5558278 06 5 Cash in companys office 1665 88 6 Deposits in trust companies and banks not on interest per Schedule N 313599 92 7 Deposits in trust companies and banks on interest per Schedule N 844468 14 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1914 Accident 2007119 health 2120666 liability 17965740 workmens compensation 289681621082 ComptrollerGeneral s Report fidelity 15916568 surety 35650857 plate glass 2879630 steam boiler 5720 burglary and theft 6860076 auto and teams property damage 37 17442 workmens collective 2327557 total 1184101 37 On policies or renewals issued prior to Oc tober 1 1914 Accident 404729 health 81947 liability 7248911 workmens compensation 5617503 fidelity 2073748 surety 10503965 plate glass 198871 burglary and theft 270716 auto and teams prop dam 819293 total 272196 83 25 Total 26 Bills receivable 27 Other ledger assets viz Due by U S Gvt under contract Accounts with suspended banks Advance secured Workmens Compensation Reinsurance and Insp Bureau Deposit with New York Workmens Compensation Com mission Due for subscriptions dept Guaranteed attys 1456392 20 4500 00 0276 99 37175 97 80761 75 23646 38 2500 00 69348 20 31 Ledger assets as per balance Item 58 9106019 13 NonLedger Assets 32 Interest due 5208 and accrued 208 on mortgages per Schedule B 54 1 i 33 Interest due 3588133 and accrued 3332846 on bonds per Schedule D Part 1 68 209 79 34 Interest due on collateral loans per Schedule C Part 1 19 93 35 Interest on other assets Bank balances estimated 500 00 38 Rents due 18800 and accrued 3333 on companys property or lease 22 33 44 Gross assets 9235024 34 Deduct Assets Not Admitted 46 Bills receivable 450o 00 50 Premiums in course of collection written prior to October 1 1914 272196 83 Guaranteed attys sub written prior to Oct 1 1914 2763 00ComptrollerGenerals Report 1083 53 Book value of ledger assets over market value viz Bonds 29092737 stocks 3274319 total 323670 56 58 Admitted assets 8626893 95 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 1370400 health 659300 fidelity 218 29745 surety 63705859 plate glass 273838 bur glary and theft 1570923 auto and teams property damage 1825500 workmens collective 1774500 total 930100 65 3 Losses and claims incurred but not reported Accident 300000 health 100000 plate glass 25000 auto and teams property damage 50000 total 4750 00 4 Losses and claims resisted Accident 4020000 fidelity 17964881 surety 27513295 burglary and theft 25000 auto and teams property damage 315700 total 498388 76 5 Total losses and claims Accident 5690400 health 759300 fidelity 39794626 surety 91219154 plate glass 298838 burglary and theft 1595923 auto and teams property damage 2191200 work mens collective 1774500 total 1433239 41 Deduct reinsurance per Schedule E Accident 1979500 health 96000 fidelity 3456307 surety 3260797 burglary and theft 43114 auto and teams property damage 280200 total 91159 18 6 7 Net unpaid claims except liability and workmens com pensation claims excluding expenses of investigation and adjustment Accident 3710900 health 6633 00 fidelity 36338319 surety 87958357 plate glass 298838 burglary and theft 1552809 auto and teams property damage 1911000 workmens collec tive 1774500 total 1342080 23 17 Special reserve for unpaid liability and workmens com pensation losses 530695 00 20 Total unpaid claims 1872775 23 21 Estimated expenses of investigation and adjustment of unpaid claims Accident 200000 health 100000 plate glass 50000 burglary and theft 100000 au to and teams property damage 150000 workmens collective 30000 total 6300 00 26 Gross premiums less reinsurance upon all1084 ComptkollerGenekal s Report unexpired risks running one year or less from date of policy 548387000 un earned premiums fifty per cent 2657233 53 27 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 80170015 unearned premiums pro rata 379488 88 Gross premiums less reinsurance upon all unexpired excise risks written in New York state running one year or less from date of policy 6845252 unearned pre miums seventyfive per cent 51339 39 By gross premiums is meant the aggregate of all the premiums written in the poli cies or renewals in force Are they so returned in this statement Answer yes 28 Total unearned premiums as shown by recapitulation 3088061 80 29 Commissions brokerage and other charges d ue or to be come due to agents or brokers on policies issued on or after October 1 1914 viz Accident 610164 health 614993 liability 3342328 workmen s compensa tion 2896816 fidelity 3278713 suretj 7344076 plate glass 878287 steam boiler 1430 burglary and theft 1783620 auto and teams property dam age 780663 workmens collective 421288 total 219523 78 34 Salaries rents expenses bills accounts fees etc due 9881 25 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the vear of this statement 122907 80 5600 33 39 40 37277 77 42 Other liabilities viz 43 Munich Reinsurance Co reserve account 35280 42 44 Federal income tax deducted from salaries Voluntary reserve for contingencies 397 11 100000 00 100000 00 45 46 Voluntary reserve for depreciation bonds and Total amount of all liabilities except capital stocks 51 5598005 49 52 Capital actually paid up in cash 2000000 00 53 Surplus over all liabilities 1028888 46 3028888 46 Surplus as regards policvholders 54 Total liabilities 55 8626893 95 ComptrollerGenerals Report 1085 Business in the State of Georgia During 1914 Gross premiums less return premium on risks written or re newed during the year Accident 1045632 health 587099 liability 3638407 workmens compensa tion 9792 fidelity 2931846 surety 4882285 plate glass 292138 burglary and theft 483000 auto and teams property damage 529611 workmens collective 34909 total 144347 19 Gross losses paid Accident 345336 health 354106 lia bility 3152563 workmens compensation 6125 fidelity 737735 surety 831354 plate glass 1 08854 burglary and theft 73623 auto and teams property damage 103585 workmens collective 445 40 total 57578 21 SUBSCRIBERS AT UNITED STATES LLOYDS OF NEW YORK CITY 3 South William Street A Foster Higgins Herbert Appleton Douglas F Cox Attorneys for the Subscribers under the firm name of Higgins Cox A L Brooks Atlanta Attorney for Service 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 1270646 51 4 Extended at 1270646 51 IIIncome 5 Gross premiums per item 2 VI page 6 2965016 05 6 Deduct reinsurance premiums Marine and inland 1 11781762 return premiums marine and inland 289 44472 total 1407262 34 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 31458 accrued interest on bonds acquired during 1914 per Sched ule D 1557753 71 33260 421086 ComptrollerGenerals Eeport 12 Gross interest on deposits in trust com panies and banks per Schedule N 6209 33 13 Gross interest from all other sources On sundry amounts from time to time in hands of agents 460 91 17 Total gross interest and rents 18 From other sources Income tax withheld 27 Gross increase by adjustment in book value of ledger assets viz Bonds per Schedule D 39930 66 290 00 1375 00 28 Total income 1599349 37 IIIDisbursements 1 Gross amount paid policyholders for losses including 38472303 occurring in previous years 1614743 05 2 Deduct amount received for salvage marine and inland 13665187 reinsurance marine and inland 637059 17 total 7 8 9 10 11 12 13 11 16 17 20 21 22 23 24 25 40 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 and expenses of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents Advertising 111213 printing and stationery 723308 Postage telegrams telephone and express Legal expenses Furniture and fixtures 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 Emergency revenue tax Other disbursements Miscellaneous office expenses Exchange Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 773711 04 871032 01 30979 82 305858 80 14513 99 11179 SI 118572 41 11360 68 8345 21 6301 05 3078 90 1116 16 1411 67 119 12 6650 97 26362 27 4620 17 411 78 7563 91 374 24 14826 88 41 Total disbursements 1 444711 ggComptrollerGenerals Report 1087 IVLedger Assets 4 Book value of bonds per Schedule D 822300 00 5 Cash in companys office 2 100 47 6 Deposits in trust companies and banks not on interest per Schedule N 4g 728 70 7 Deposits in trust companies and banks on interest per Schedule N 356696 67 8 Agents balances representing business written subse quent to October 1 1914 140 028 32 9 Agents balances representing business written prior to October 1 1914 53193 43 12 Other ledger assets viz 13 Cash with Morgan Grenfell Co 3 871 26 14 Cash with Broderick Leitch and Kendall 397 18 16 Total ledger assets as per balance Item 42 1425316 03i NonLedger Assets 18 Interest accrued on bonds per Schedule D Part 1 11055 83 26 Market value not including interest in item 18 of bonds and stocks over book value per Schedule D 29500 00 30 Gross assets 1465871 86 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1914 53193 43 41 Total admitted assets 1412678 43 VLiabilities 2 Gross claims for losses in process of adjustment or in suspense plus 6080698 reserve for losses incurred prior to December 31 of which no notice had been re ceived on that date 533411 98 3 Gross claims for losses resisted 12065 00 4 Total 545476 98 5 Deduct reinsurance due or accrued 233748 91 6 Net amount of unpaid losses and claims 311728 07 8 Gross premiums less reinsurance cash1088 ComptrollerGenerals Report and bills received and receivable upon all unexpired inland navigation risks at fifty per cent 32279499 Unearned premiums 3885096 pro rata 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks at fifty per cent 32189828 Unearned premiums one hundred per cent 161397 49 16624 56 160949 18 38419 48 10 Total unearned premiums as computed above 377390 71 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 25 000 00 23 All other liabilities Income tax withheld 290 00 26 Total amount of all liabilities except capital 71540S 78 27 Original deposit actually paid up in cash 100000 00 28 Surplus over all liabilities 597269 65 29 Surplus as regards policyholders 697269 65 30 Total liabilities 1412678 43 NOTE We beg to call your attention to the fact that under the policy of the United States Lloyds the liability of each Subscriber is UNLIMITED for each his pro portion 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 We would be glad to have you put a note in your printed report calling attention to this unlimited lia bility of each Subscriber VIRisks and Premiums 1 In force on the 31 day of December as per line 6 under this heading in last years statement 65624734 00 2 Written or renewed during the year per income No 5 657889654 00 4 Total 723514388 00 1204822 34 2965016 05 4169838 39ComptrollerGenerals Report 1089 5 Deduct those expired and marked off as terminated 665789627 00 3095707 81 6 In force at the end of the year 57724761 00 1074130 58 7 Deduct amount reinsured schedule re quired 23519737 00 352166 87 8 Net amount in force 34205024 00 721963 71 Business in the State of Georgia During 1914 27 Gross risks written 369i590 00 Less 7115400 risks cancelled and 312660200 reinsur ance in companies authorized in Georgia 3197 756 00 Net risks written 493834 00 28 Gross premiums on risks written 14 4g8 13 Less 219428 return premiums and 554787 premiums for reinsurance in companies authorized in Georgia 7 742 15 Net premiums received g 795 98 29 Losses paid deducting salvage 1 432 gg Less losses on risks reinsured in companies authorized in Georgia 609 60 Net losses paid 823 08 30 Losses incurred 1231 27 Less losses on risks reinsured in companies authorized in Georgia 970 94 Net losses incurred 9g0 33ASSESSMENT FIRE COMPANIES FARMERS COOPERATIVE FIRE INSURANCE CO OF JACKSON GA J M Ball President J T Goodman Secretary H M Fletcher Attorney for Service 2 Balance from previous year 77 11 IIIncome 1 Membership fees actually received 2060 03 4 Other payments by applicants and members Assessment for losses 14204 00 8 Total recd from applicants and members items 1 to 7 16264 13 9 Deduct payments returned to applicants and members 14204 00 10 Net amount received from applicants and members 2C60 13 IIIDisbursements 3 Net amount paid members or policyholders for losses 14204 00 5 Commissions or brokerage to local agents 1236 07 8 Salaries of home office employees 630 00 10 Advertising 1150 printing and stationery 4903 total 60 53 11 Postage telegrams telephone and express 6 24 20 State premium tax 27 46 21 Insurance department licenses and fees 25 00 22 All other licenses fees and taxes Eegistration fees 050 U S income 286 total 3 36 37 Total disbursements 16192 66 IVLedger Assets 7 Cash in associations office m 71 OS 8 Agents balances 77 SO 13 Total ledger assets as per balance item 38 148 SS ComptrollerGenerals Report NonLedger Assets 1091 25 30 Assessment for losses not paid 2162 00 Gross assets 4 2310 88 Deduct Assets Not Admitted 35 Excess of item 23 of nonledger assets over correspond 36 ing liability for unpaid claims 2162 00 148 88 Other items viz Cash in office and in hands of agents VLiabilities 2 Gross claims for losses in process of adjustment or in sus 2162 00 12 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year 20 of this statement 67 25 Total amount of all liabilities except capital 2229 25 21 22 Surplus over all liabilities 81 25 2229 25 Total liabilities Business in the Siafe of Georgia During 1914 No Amount 1 Policies or certificates in force December 31 1913 as per last statement 4552 4762837 00 2 Policies or certificates written during the year 488 574592 00 4 Total 5040 5337429 00 5 Deduct terminated or decreased during the year 110 104790 no 6 Total benefit certificates in force Dee 31 1914 4930 5232639 00 FARMERS MUTUAL FIRE INSURANCE CO OF DAWSON GA B F Melton President W H Gun Secretary W H Gun Attorney for Service 1 Balance from previous year 1 499 fg IIIncome 1 Membership fees actually received 1181 46 2 Weekly monthly or annual due assessments or premiums 1382 441092 ComptrollerGenerals Keport 3 Assessments in addition to the regular weekly monthly or annual dues 8 Total received from applicants and members items 1 to 7 IIIDisbursements 1 Gross amount paid members or policyholders for losses 4 Expenses of adjustment and settlement of claims 5 Commissions or brokerage 7 Salaries fees and all other charges of officers and direc tors 8 Salaries of home office employees 10 Advertising 1000 printing and stationery 7125 total 11 Postage telegrams telephone and express 17 Inspections and surveys 20 State premium tax 21 Insurance department licenses and fees 22 All other licenses fees and taxes 37 Total disbursements items 1 to 36 IVLedger Assets 6 Deposited in trust companies and banks not on interest 7 Cash in associations office 9 Bills receivable 13 Total ledger assets as per balance item 38 Deduct Assets Not Admitted 32 Bills receivable 40 Total admitted assets VLiabilities 1 Gross losses adjusted and unpaid due 30000 not yet due 60500 11 Salaries rents expenses bills accounts fees etc due or accrued 12 Estimated amount hereafter payable for federal state 10038 00 12601 90 9738 00 310 00 1181 46 150 00 276 48 81 25 62 16 127 00 19 14 25 no 33 00 12003 49 2185 12 150 00 663 27 2098 39 663 27 1435 12 905 00 50 0020 21 10 11 ComptrollerGenerals Eeport 1093 and other taxes based upon the business of the year of this statement 15 00 Total amount of all liabilities except capital 970 00 Surplus over all liabilities 2 033 39 Total liabilities 2098 39 Business in the State of Georgia During 1914 No Amount Policies or certificates in force December 31 1913 as per last statement 068 1364000 00 Policies or certificates written during the year 195 241000 00 Policies or certificates increased during the year 15000 00 Total 1263 1620000 00 Deduct terminated or decreased during the year 77 140700 00 Total benefit certificates in force Dee 31 19141186 1479300 00 Policies or certificates terminated by lapse and by agreement during the year 77 128700 00 Policies or certificates decreased during the year 12000 00 Received during the year from members in Georgia 12601 90 FARMERS MUTUAL INSURANCE ASSOCIATION OF OAKMAN GA T L Johnson President J p Hurt Secretary J G B Erwin Attorney for Service 1 Balance from previous year 5 119 78 IIIncome 1 Membership fees actually received 4 960 43 9 Deduct payments returned to applicants and members 206 13 10 Net amount received from applicants and members 4754 30 IIIDisbursements 1 Cross amount paid members or policyholders for losses 220 07 4 Expenses of adjustment and settlement of claims 176 50 5 Commissions or brokerage 722 81 6 Salaries 120000 and expenses 43235 of special and general agents 1632 35t 1094 GomptbollebGenebals Eepokt 11 22 37 Postage telegrams telephone and express All other licenses fees and taxes 23 88 46 00 Total disbursements items 1 to 36 7821 61 IVLedger Assets 6 7 13 Deposited in trust companies and banks not on interest Cash in associations office in notes 542 58 1509 89 Total ledger assets as per balance item 38 2052 47 Business in the State of Georgia During 1914 1 No Policies or certificates in force December 31 1913 as per last statement 1 061 Amount 6865 39 2 Policies or certificates written during the year 466 4960 43 FREE STATE COOPERATIVE FIRE INSURANCE OF DANIELSVILLE GEORGIA COMPANY G 0 Griffith President J T Bakei G P Whitworth Attorney for Service Secretary 1 Balance from previous year 67 66 IIIncome 1 4 5 6 28 Membership fees actually received Other payments by applicants and members Assessments for three losses 238 81 1638 85 11 00 Total income items 10 to 27 1888 66 IllDisbursements 1 6 8 1 1 20 21 37 Gross amount paid members or policyholders for losses Salaries and expenses of special and general agents Salaries of home office employees secvtreas 1725 00 119 40 53 14 24 36 i 11 25 00 Postage telegrams telephone and express Insurance department licenses uid fees Total disbursements items 1 to 36 1953 01 ComptrollerGeneral s Keport IVLedger Assets 9 Bills receivable matriculation fee unpaid Business in the State of Georgia During 1914 1 Policies or certificates in force December 31 1913 as per last statement 2 Policies or certificates written during the year 4 Total 5 Deduct terminated or decreased during the year 6 Total benefit certificates in force December 31 1914 7 Policies or certificates terminated by loss during the year 8 Policies or certificates terminated by lapse during year 10 Policies or certificates decreased during the year 11 Received during the year from members in Georgia 1095 56 35 173160 00 59030 00 232190 00 27868 00 204322 00 1725 I 0 26143 00 27868 CO 1888 66 THE GORDON COUNTY MUTUAL FIRE AND STORM INSURANCE CO OF CALHOUN GA H B Herrington President P L Hicks Secretary F A Cantrell Attorney for Service 1 Balance from previous year 142 06 IIIncome 1 Membership fees actually received 52 50 2 Weekly monthly or annual due assessments or premiums 4064 48 8 Total received from applicants and members items 1 to 7 4116 98 9 Deduct payments returned to applicants and members 3 80 10 Net amount received from applicants and members 4113 18 IIIDisbursements 1 Gross amount paid members or policyholders for losses 3881 46 7 Salaries fees and all other charges of officers and direc tors 140 00 10 Printing and stationery 6 50 11 Postage telegrams telephone and express 8 601096 ComptrollerGenerals Report 20 State premium tax 26 25 25 00 1141 00 25 37 21 Insurance department licenses and fees VLiabilities 1 Gross losses adjusted and unpaid not yet due 19 Less cash on hand 22 Total liabilities 1115 63 622360 00 52550 00 Business in the State of Georgia During 1914 1 Policies or certificates in force December 31 1913 as per last statement 2 Policies or certificates written during the year 4 Total 674910 00 1ASVILLE Secretary 366 28 763 58 All business written in Gordon County Georgia we only operate in one county SOUTH GEORGIA FARMERS FIRE INSURANCE CO OF THOI GEORGIA C L Heald President R0bt Alexander E L Neel Attorney for Service 11Income 1 Membership fees actually received 3 Assessments in addition to the regulr weekly monthly or annual dues 8 Total received from applicants and members items 1 to 1129 86 601 50 9 Deduct payments returned to applicants and members 10 Net amount received from applicants and members IIIDisbursements 1 Gross amount paid members or policyholders for losses 0 Salaries and expenses of special and general agents 7 Salaries fees and all other charges of officers and direc 528 28 001 50 219 97 194 61 36 00 12 00 9 Kent 10 Printing and stationery 20 21 25 26 18 1 2 4 5 ComptrollerGeneral s Report 1097 State premiums tax 4 qq Insurance department licenses and fees 25 00 Arrears in back losses is 00 Arrears due by the company on secretarys com 24 78 Total disbursements items 1 to 36 1129 86 VLiabilities Due incorporators for expenses of organization 36 00 Business in the State of Georgia During 1914 Xo Amount Policies or certificates in force December 31 1913 as per last statement 348 328595 00 Policies or certificates written during the year 62 73269 00 Total 410 401864 00 Deduct terminated or decreased during the year 52 42725 00 Total benefit certificates in force Dec 31 1914 358 359139 00 Received during the year from members in Georgia 1129 86 SUN LIGHT FIRE INSURANCE COMPANY Atlanta Ga S J Sheffield President C A Penn Secretary Col Walter McElreath Attorney for Service 1 Balance from previous year IIIncome 1 Membership fees actually received 9 Deduct payments returned to applicants and members 10 Net amount received from applicants and members IIIDisbursements 1 Gross amount paid members or policyholders for losses 4 Expenses of adjustment and settlement of claims 7 Salaries fees and all other charges of officers and direc tors 2100 00 8 Salaries of home office employees 16 610 18 497 61 27616 60 426 57 27190 03 5595 28 433 no1098 ComptrollerGenerals Report 9 Rent 540 00 10 Advertising printing and stationery 1033 66 11 Postage telegrams telephone and express 296 77 12 Legal expenses 120 00 13 Furniture and fixtures 308 90 21 Insurance department licenses and fees 52 33 22 All other licenses fees and taxes 50 00 23 Other disbursements Traveling expenses 65 00 37 Total disbursements items 1 to 36 27207 12 IVLedger Assets 6 Deposited in trust companies and banks not on interest 4S0 52 NonLedger Assets 25 Net amount due from members 30043 65 26 Office furniture 750 00 27 Books and blanks 400 00 30 Cross assets 3119 65 Deduct Assets Not Admitted 37 Furniture books and blanks 1150 00 40 Total admitted assets 3052 1 1 7 Business in the State of Georgia During 1914 No Amount 1 Policies or certificates in force December 31 1913 as per last statement 6032 827600 00 2 Policies or certificates written during the year 8827 1157650 00 4 Total 14859 1985250 00 5 Deduct terminated or decreased during the year8975 1214900 00 6 Total benefit certificates in force Dec 31 1914 5884 770350 00ASSESSMENT LIFE COMPANIES AMERICAN INSURANCE COMPANY OF SAVANNAH GA Geo P Hamilton President H A Rushing Secretary Gordon Saussy Attorney for Service 1 Balance from previous year 8888 48 IIIncome 1 Membership fees actually received 2 Assessments or weekly premiums collected 4 Total from applicants and members 5 Deduct payments returned to applicants and members 0 Net amount received from applicants and members 7 Gross interest receipts On bonds and dividends on stocks per Schedule D 175 00 On deposits in trust companies and banks 1 30 Rents from associations property owned 148 25 8 Total interest and renls 9 Borrowed money 10 From other sources Cash bond by collectors 17 Gross increase by adjustment in book value of ledger assets viz Office equipment 18 Total income items 1 to 17 HIDisbursements 1217 GO 34631 87 35849 47 135 72 35713 75 324 55 3761 1 98 00 90 50 39997 91 1 Death claims 2 Sick and accident claims 2694 61 11775 62 3 Total paid to members ci 14 470 22 4 Commissions to agents 19 544 si 6 Salaries of officers and directors No 3 2 273 34 7 Salaries of office employees No 1 450 00 8 Salaries and fees paid lo medical examiners 40 26 9 Traveling expenses of managers and agents 388 221100 ComptbolleeGenebals Eepoet 10 Insurance department fees and licenses 11 Other licenses and fees 12 Taxes on premiums 13 Rent 14 Advertising 3500 printing and stationery 20550 15 Postage 10621 express 1948 telegraph and tele phone 15125 total 16 Legal expense in litigating claims 17 Other legal expenses 18 Furniture and fixtures 19 Borrowed money including interest 21 Agents balances written off 22 General home office expenses 23 Branch office expenses 24 All other expenses Clearing house Taxes on real estate Prem on fire ins policies 2364 prem on fidelity bond 1150 total Repairs on real estate 29 Gross decrease by adjustment in book value of ledger assets viz Real estate 30 Total disbursements 186 00 27 91 505 00 240 50 276 94 143 65 50 00 90 50 706 16 229 24 147 32 59 11 30 45 22 60 35 14 1 75 40220 94 IVLedger Assets 1 Book value of real estate less 247775 incumbranccs per Schedule A 4 Book value of bonds per Schedule D 6 Deposited in trust companies and banks not on interest 7 Cash in associations office 11 Other ledger assets viz Furniture office equipment 14 Total ledger assets as per balance item 31 2522 25 4700 00 S9 18 61 1413 70 3655 45 NonLedger Assets 16 Interest accrued on bonds per Schedule D Part 1 21 Weekly dues duo and unpaid 76255 less 25 per cent for collection 19064 total 23 Market value not including interest in item 15 of bonds and stocks over book value per Schedule D 32 Cross assets 43 75 571 91 300 00 9571 1136 42 7 9 11 14 ComptrollerGenerals Eeport 1101 Deduct Assets Not Admitted Book value of bonds and stocks over market value per Schedule D 300 0T Total admitted assets 9271 11 VLiabilities Salaries rents expenses and bills accrued 169 50 Taxes due 88 10 Borrowed money 3301 11 Interest accrued on 230000 mortgage 26 83 All other liabilities Death claims 15000 sick claims 14673 total 296 73 Total 5388 74 Death claims Due and unpaid No 4 150 00 Sick and accident claims Adjusted and not yet due No 49 296 73 Insurance in force 12044415 150 on this amount or net solvent assess required 1806 66 Business in the State of Georgia During 1914 No Amount Policies or certificates in force December 31 1913 as per last statement 7589 Policies or certificates written during the year 8175 Policies or certificates revived during the year 287 Total 16051 Deduct terminated or decreased during the year 10503 Total benefit certificates in force Dec 31 1914 5548 CONTINENTAL AID ASSOCIATION OF ATLANTA GA B M Cross President LeRoy Smith Secretary 1 Balance from previous year 6806 64 IIIncome 1 Membership fees actually received 4120 10 2 Assessments or weekly premiums collected 105943 17 4 Total from applicants and members 110063 271102 CoMPTROLLEBGrENERAL s REPORT 5 Deduct payments returned to applicants and members 6 Net amount received from applicants and members 7 Gross interest receipts On bonds and dividends on stocks per Schedule D 10 From all other sources 11 Agents bond premiums 12 Donations from officers 13 Agents credit balances 18 Total income items 1 to 17 IIIDisbursement s 1 Death claims 2 Sick and accident claims 3 Total paid to members 5 Salaries and fees of managers not paid by commissions 8 Salaries of officers and directors 10 Insurance department fees and licenses 11 Other licenses and fees 12 Taxes on premiums 13 Rent 14 Printing and stationery 15 Postage express telegraph telephone other incidentals 16 Legal expense in litigating claims 21 Agents balances written off and bills payable 24 All other expenses Borrowed money from last year paid 29 Gross decrease by adjustment in book value of ledger assets viz Bonds per Schedule D 30 Total disbursements items 1 to 29 IVLedger Assets 4 Book value of bonds per Schedule D fi Deposited in trust companies and banks not on interest 7 Cash in associations office 9 Agents balances 11 Other ledger assets viz Furniture and fixtures 14 Total ledger assets as per balance item 31 NonLedger Assets 21 Weekly dues due and unpaid 195720 less 25 per cent for collection 48930 32 Gross assets 194 4S 109868 79 200 00 29 00 4347 89 97 96 114543 64 8991 7i 37994 47 46986 23 55138 41 5160 00 211 00 478 42 131 02 1715 61 900 65 1991 03 254 15 7 00 1749 02 100 00 114821 14 5000 00 103 45 187 70 2 70 1233 29 6527 14 1467 90 7995 i433 38 42 9 11 13 14 li ComptbollerGeneeals Repoet Deduct Assets Not Admitted Agents debit balances Other items viz Furniture and fixtures Total admitted assets VLiabilities Salaries rents expenses and bills accrued Taxes due Premiums paid in advance Total admitted assets less total above item 7 or net solvent assets as defined by Act of 1909 Death claims Due and unpaid accrued Sick and accident claims Due and unpaid accrued Total claims Insurance in force 37434900 150 on this amount or net solvent assets required Business in the State of Georgia During 1914 Policies or certificates in force December 31 1913 as per last statement Policies or certificates written during the year Total Deduct terminated or decreased during the year Total benefit certificates in force December 31 1914 Received during the year from members in Georgia 1103 2 70 1233 29 6759 05 97 96 73 21 267 20 6320 68 119 30 512 60 631 90 5615 24 379612 19 580870 10 960482 29 586133 29 374349 00 109868 79 GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF AUGUSTA GA G X Stoney President A M Sherrill Secretary 1 Balance from previous year 14442 82 IIIncome 1 Membership fees actually received 6381 mi 2 Assessments or weekly premiums collected 14571 01 All other payment by applicants and members 1412 L01104 ComptrollerGenerals Report 5 Deduct payments returned to applicants and members 140 95 6 Net amount received from applicants and members 153370 56 7 Gross interest receipts On bonds and dividends on stocks per Schedule D 30 10 From all other sources 11 Deficiency g 14 Other sources 1 qi i 13 Agents bond reserve charged off 9 13 18 Total income items 1 to 17 156509 95 HIDisbursements 1 Death claims Q 2 hick and accident claims 47 450 02 3 Total paid to members 56 664 4 Commissions to agents 4 4S3 i a r Salaries and fees of managers not paid by commissions 11550 37 6 Salaries of officers and directors 6889 25 7 Salaries of home office employees 3567 90 9 Traveling expenses of managers and agents 594 gg 10 Insurance department fees and licenses state 59 00 11 Other licenses and fees City j 22 92 12 Taxes on premiums 13 Ren 1 896 32 14 Advertising printing and stationery 937 3g 16 Legal expense in litigating claims 93 20 18 Furniture and fixtures Ul 21 Agents balances written off 3 185 11 22 General home office expenses gg4 0g 23 Branch office expenses 4 603 24 All other expenses Miscellaneous 44q 43 25 Agents special salaries 14588 96 26 Exchange and discount 20 27 Auditing fees 76500 longage 78699 total 1551 99 30 Total disbursements items 1 to 29 155 558 41 IVLedger Assets 4 Book value of bonds per Schedule D 5 200 00 6 Deposited in trust companies and banks not on interest 958 00 7 Cash in associations office 114 4fi 9 Agents balances debit 304 79 11 Other ledger assets viz Agency shortage 432 96 12 13 14 9 14 ComptbollebGeneeals Repobt Furniture and fixtures Cash advanced Total ledger assets as per balance item 31 VLiabilities Agents reserve bond Death claims Due and unpaid Insurance in force 49663100 150 on this amount or net solvent assets required Business in the State of Georgia During 1914 Policies or certificates in force December 31 1913 as per last statement Policies or certificates written during the 3rear Total Deduct terminated or decreased during the year Total benefit certificates in force December 31 1914 Policies or certificates terminated by death during the year Policies or certificates terminated by lapse during year 1105 3305 14 5484 23 31535 04 2015 82 445 00 7449 50 No 28826 45922 74748 45667 29081 403 45264 GUARANTY MUTUAL LIFE AND HEALTH INSURANCE COMPANY OF SAVANNAH GEORGIA Walter S Scott President L M Pollard Secretary L M Pollard Attorney for Service 1 Balance from previous year 8712 12 IIIncome 1 Membership fees actually received 4578 60 2 Assessments or weekly premiums collected 93839 47 4 Total from applicants and members 98418 07 5 Deduct payments returned to applicants and members 110 75 6 Net amount received from applicants and members 98307 32 7 Gross interest receipts On mortgage loans per Schedule B 44 001106 ComptrollerGenerals Report On bonds and dividends on stocks per Schedule D 225 00 On deposits in trust companies and banks 60 89 8 Total interest and rents 10 From all other sources 11 Account sale iron safe 12 Collectors bond reserve 13 Advanced by manager 18 Total income items 1 to 17 329 89 5 00 1899 71 29 16 100571 OS IIIDisbursements 1 Death claims 2 Sick and accident claims 3 Total paid to members 4 Commissions to agents 5 Salaries and fees of managers not paid by commissions 6 Salaries of officers and directors No 6 7 Salaries of office employees No 18 8 Salaries and fees of medical examiners 9 Traveling expenses of managers and agents 10 Insurance department fees and licenses 11 Other licenses and fees 12 Taxes on premiums 13 Rent 14 Advertising 91350 printing and stationery 121505 15 Postage 55798 express 1866 telegraph and tele phone 13100 total 16 Legal expense in litigating claims 17 Other legal expenses 20 Interest on guarantee fund certificates 22 Jeneral home office expenses 23 Branch office expenses 30 Total disbursements items 1 to 29 557 32 28634 04 34207 36 36944 80 9611 81 5125 00 3750 75 27 S5 1804 04 307 33 867 50 9 92 1465 25 2128 55 707 64 107 65 20 00 272 00 388 97 570 64 98317 06 IVLedger Assets 1 Book value of real estate per Schedule A 2 Mortgage loan on real estate per Schedule B first liens 4 Book value of bonds per Schedule I 5 Deposit in trust companies and banks on interest 2000 00 665 00 5225 00 653 97ComptrollerGeneral s Eeport 1107 7 Cash in associations office 11 Other ledger assets viz Furniture and fixtures 14 Total ledger assets as per balance item 31 1 67 2420 50 10966 14 NonLedger Assets 15 Interest accrued on mortgages per Schedule B 21 Weekly dues due and unpaid 402735 less 25 per cent for collection 26 All other assets Sundries account 28 Annual payments in process of collection not due 119899 00 29 Less estimated cost of collection 29974 75 30 Net amount due from members 32 Gross assets 17 50 3020 51 30 00 i924 25 103958 40 Deduct Assets Not Admitted 38 Net amount due from members in process of collection 89924 25 42 Total admitted assets 14034 15 VLiabilities 3 Premiums paid in advance 125 20 6 All other liabilities Collectors bond re serve 189971 advanced by manager 2916 total 1928 87 7 Total 8 Total admitted assets less total above item 7 or net sal vent assets as defined by Act of 1909 9 Death claims Adjusted and not yet due No 4 11 Sick and accident claims Adjusted and not yet due No 164 450 75 Resisted No 8 35 00 12 Total sick and accident claims 14 Insurance in force 29787900 L50 on this amount or net solvent assets required 2054 07 11980 08 80 00 485 75 4468 191108 CoMPTROLLERGrENERALs BePORT Business in the State of Georgia During 1914 1 Policies or certificates in force December 31 1913 as per last statement 2 Policies or certificates written during the year 3 Policies or certificates revived during the year 5 Total 6 Deduct terminated or decreased during the year 7 Total benefit certificates in force December 31 1914 8 Policies or certificates terminated by death during year 9 Policies or certificates terminated by lapse during year 10 Policies or certificates terminated by returned premiums during the year No 12225 32771 171 45167 27570 17597 270 27239 61 INDUSTRIAL LIFE AND HEALTH OF ATLANTA GA J N McEachern President I 11 Sheffield Secretary Walter McElreath Attorney for Service 1 Balance from previous year 96502 53 IIIncome 1 Membership fees actually received 26 955 60 2 Assessments or weekly premiums collected 871972 25 4 Total from applicants and members 898 927 85 5 Deduct payments returned to applicants and members 1211 05 6 Net amount received from applicants and members 897716 80 7 Gross interest receipts On mortgage loans per Schedule B 1755 00 On bonds and dividends on stocks per Schedule D 2 295 00 On deposits in trust companies and banks 30 46 8 Total interest and rents 4 081 46 18 Total income items 1 to 17 901798 26ComptrollerGeneral s Eeport 1109 IIIDisbursements 1 Death claims 2 Sick and accident claims 3 Total paid to members 4 Commissions to agents salaries and fees of managers not paid by commissions 6 Salaries of officers and directors No 4 7 Salaries of office employees No 10 8 Salaries and fees paid to medical examiners 9 Traveling expenses of managers and agents 10 Insurance department fees and licenses 11 Other licenses and fees 12 Taxes on premiums 13 Rent 14 Advertising and printing and stationery 15 Postage express telegraph and telephone 16 Legal expenses in litigating claims and other legal exp 18 Furniture and fixtures 20 Interest on income certificates 22 General home office expenses and branch office expenses 24 All other expenses Reinsuring U S Health and Life Insurance Company 30 Total disbursements items 1 to 29 61281 70 325797 10 387078 80 359486 27 53903 04 14800 00 137 10 15481 54 987 88 4600 08 4045 41 10249 89 5633 40 4228 23 2468 25 2691 07 2400 00 2880 78 12000 00 883071 74 IVLedger Assets 2 Mortgage loans on real estate per Schedule 15 first liens 4 Book value of bonds per Schedule D 5 Deposit in trust companies and banks on interest 6 Deposited in trust companies and banks not on interest 9 Agents balances debit 24620 credit 10592 net 14 Total ledger assets as per balance item 31 47550 00 49500 00 781 22 17257 55 140 28 1 1 5229 05 NonLedger Assets 15 Interest accrued on mortgages per Schedule B 1138 20 16 Interest accrued on bonds per Schedule D Part 1 34 16 20 Total interest and rents due and accrued 1172 36 21 Weekly dues due and unpaid 1459100 less 25 per cent for collection 364775 10943 25 1110 CompteollerGeneeals Eeport 26 All other assets 27 Furniture and fixtures 8 000 00 28 Books and printing 500 aq 32 Gross assets 135jSU 66 Deduct Assets Not Admitted 33 Agents debit balances 140 28 38 Other items viz 39 Furniture and fixtures g 000 qq 40 Books and printing 00 qq 42 Total admitted assets j7 204 38 VLiabilities 2 Taxes accrued 575 76 6 All other liabilities Miscellaneous bills 1825 03 7 Total 100 79 8 Total admitted assets less total above item 7 or net solvent assets as defined by Act of 1909 120 103 59 9 Death claims Due and unpaid No 28 gQ3 00 11 Sick and accident claims Adjusted and not yet due No 94 6260 45 14 Insurance in force 333381400 150 on this amount or net solvent assets required 50 007 2 Business in the State of Georgia During 1914 No Amount li Policies or certificates in force December 31 1913 as per last statement70837 1583302 00 2 Policies or certificates written during the year 74180 1125 231 00 5 Total145017 2708533 00 6 Deduct terminated or decreased during the year 70947 90827 00 7 Total benefit certificates in force Dec 31 191474070 1800260 00 12 Received during the year from members in Georgia 502218 90ComptrollerGenerals Report 1111 MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION OF GEORGIA Home Office Savannah Ga Aaron Rauzin President J M Wood Secretary 1 Balance from last year 12042 06 IIIncome 1 Membership fees actually received 4961 50 2 Assessments or weekly premiums collected 132449 95 3 All other payments by applicants and members 364 00 4 Total from applicants and members 13777o 4o 5 Deduct payments returned to applicants and members 6 Net amount received from applicants and members 136830 25 7 Gross interest receipts On bonds and dividends on stocks per Schedule D 225 00 From all other sources 383 57 8 Total gross interest and rents 60 10 From all other sources Cash deposited by employees as 1375 35 bond 18 Total income items 1 to 17 138814 1 IIIDisbursements 1 Death claims 8919 10 2 Sick and accident claims 4403 70 3 Total paid to members 52956 80 4 Commissions to agents 52558 40 5 Salaries and foes of managers not paid by 19 1 Kf 3 commissions rjov oj 6 Salaries of officers and directors No 9 5137 70 7 Salaries of office employees No 6 1913 00 8 Salaries and fees paid to med examiner 96 81 9 Traveling expenses of managers and agts 358 10 10 Cnsurance department fees and licenses l 00 11 Other licenses and fees lfi5S 87 13 Kent L833 101112 ComptrollerGenerals Eeport 14 Advertising 2350 printing and station ery 124977 total 1 273 27 15 Postage and express 31370 telegraph and telephone 17140 total 485 10 16 Legal expenses in litigating claims 275 03 17 Other legal expenses 300 00 18 Furniture and fixtures ggi 50 22 General home office expenses 2 705 16 23 Branch office expenses 355 10 24 All other expenses 25 Exchange on checks 92 58 26 Cash bonds returned to employees 397 50 27 Suspense items 1 n 30 Total disbursements items 1 to 29 137 928 32 IVLedger Assets 4 Book value of bonds g qqq 00 6 Deposited in trust companies and banks not on interest 909 9 7 Cash in associations office 1 432 87 9 Agents balances debit 327 20 10 Bills receivable 4 28 05 14 Total ledger assets as per balance item 31 12 927 91 NonLedger Assets 21 Weekly dues due and unpaid 234910 less 25 per cent for collection 58727 1761 83 26 All other assets 27 Furniture and fixtures 2 897 23 28 Suspense items 91 3h Ttal 4659 97 32 Gross assets J 17587 88 VLiabilities 3 Premiums paid in advance 841 55 6 All other liabilities Cash bonds deposited by employees 1617 85 7 Ttal 2459 40 8 Total admitted assets less total above item 7 or net solvent assets as defined by Act of 1909 15 128 48CompteollebGenebals Repoet 1113 9 Death claims Due and unpaid No 2 37 50 11 Sick and accident claims Due and unpaid No 132 539 85 13 Total claims 677 35 14 Insurance in force 47741815 150 on this amount or net solvent assets required 7161 27 Business in the State of Georgia During 1914 No Amount 1 Policies or certificates in force December 31 1913 as per last statement 20754 396520 00 2 Policies or certificates written during the year 30560 3 Policies or certificates revived during the year 1113 5 Total 52427 6 Deduct terminated or decreased during the year31855 7 Total benefit certificates in force Dec 31 191420572 424765 00 NATIONAL LIFE ASSOCIATION OF DES MOINES IOWA James P Hewitt President Guy Barker Secretary 1 Balance from previous year 784346 21 IIIncome 1 Membership fees actually received 126394 42 2 Assessments collected 514139 91 3 All other payments by applicants and members 1432 41 4 Total from applicants and members 641966 74 5 Deduct payments returned to applicants and members 17316 03 6 Net amount received from applicants and members 624650 71 7 Gross interest receipts On mortgage loans per Schedule B 21581 99 From all other sources 11888 50 8 Total interest and rents 33470 49 9 Borrowed money 4000 00 18 Total income items 1 to 17 662121 201114 ComptbollebGenebals Eepobt IIIDisbursements 1 Death claims 316806 42 4 Commissions to agents 124 867 80 5 Salaries and fees of managers not paid by commissions 2 157 25 6 Salaries of officers and directors No 10 17718 52 7 Salaries of office employees No 15 12677 73 8 Salaries and fees paid to med examiners 10079 00 9 Traveling expenses of managers and agts 2645 80 10 Insurance department fees and licenses 3741 68 11 Other licenses and fees 2 813 91 12 Taxes on premiums 7 336 01 3 Kent 300s 05 14 Advertising printing and stationery 6108 15 15 Postage express telegraph and telephone 523295 16 Legal expense in litigating claims 3271 23 17 Other legal expenses 3326 93 18 Furniture and fixtures 2 450 08 19 Borrowed money 9 361 95 24 All other expenses Sundry expense 1494 94 25 Inspection of risks 2 445 15 26 Settlement judgment 1913 Superior Court 6500 00 27 Taxes advanced on mortgages 208 90 30 Total disbursements 544252 15 IVLedger Assets 2 Mortgage loans on real estate per Sched ule B first liens 514353 00 5 Deposit in trust companies and banks on interest 35386 79 6 Deposited in trust companies and banks not on interest 77 87 7 Cash in associations office 2033 05 10 Bills receivable not yet due 343186 78 11 Other ledger assets viz 12 Collected by F F Brydia Co now in pro cess of audit and adjustment 7938 55 Total 902976 04 13 Less advance premiums paid trust fund 761 08 II Total ledger assets as per balance item 31 902214 96ComptrollerGenerals Eeport 1115 NonLedger Assets 15 Interest due 686545 and accrued 1385501 on mort gages per Schedule B 20720 46 25 Mortuary assessments due and unpaid on last call made within sixty days on insurance in force for which no tices have been issued 43000 00 26 All other assets Agents balances debit 1635344 credit 143323 net 14920 1 32 Gross assets 980855 63 VLiabilities 1 Salaries rents expenses and bills accrued 2681 31 2 Taxes accrued 6750 00 7 Total 9431 31 8 Total admitted assets less total above item 7 or net solvent assets as denned by Act of 1909 971424 32 10 Total death claims 43000 00 14 Insurance in force 33511000 00 THE PEOPLES HEALTH AND LIFE INSURANCE CO OF MACON GA E Moore President F W J Disroon Secretary Hon Wm A Wright Attorney for Service 1 Amount of cash on hand at beginning 5275 00 IIIncome 1 Membership fees actually received 698 25 2 Assessments or weekly premiums collected 4643 70 3 All other payments by applicants and members 141 55 4 Total reed from applicants and members 5483 50 5 Deduct payments returned to applicants and members 3 4o 6 Net amount received from applicants and members 548 05 7 Gross interest receipts On bonds and divi dends on stocks per Schedule D 87 511116 ComptrolleeGenebals Eepoet 10 From all other sources 11 Agents balance j 25 12 Deficiency 24 00 18 Total income items 1 to 17 IIIDisbursements 1 Death claims 40 00 2 Sick and accident claims 993 95 3 Total paid to members 033 95 4 Commissions to agents j 220 52 5 Salaries and fees of managers not paid by commissions 215 52 6 Salaries of officers and directors No 2 17 00 7 Salaries of office employees No 4 387 90 9 Traveling expenses of managers and agts 11 54 10 Insurance department fees and licenses 145 00 11 Other licenses and fees 51 00 13 Rent 264 00 14 Advertising 3600 printing and station ery 38440 total 420 40 15 Postage 1499 express 355 telegraph and telephone 731 25 85 17 Legal expenses 70 qo 18 Furniture and fixtures mg 50 22 General home office expenses 60 30 23 Branch office expenses 47 76 24 All other expenses 25 Application fees returned to agents 698 25 26 Agents special salaries 743 25 30 Total disbursements items 1 to 29 IVLedger Assets 4 Book value of bonds per Schedule D 4531 25 6 Deposited in trust companies and banks not on interest jqp fiQ 7 Cash in associations office 343 00 9 Agents balances debit 106 21 14 Total ledger assets as per balance item 31 NonLedger Assets 21 Weekly dues duo and unpaid 69446 less 25 per cent for collection 17362 520 84 5592 80 5784 74 5083 0623 26 32 33 38 42 9 11 13 14 CompteolleeGenebals Eepoet 1117 Market value not including interest in item 15 of bonds and stocks over book value per Schedule D 468 75 All other assets Furniture and fixtures 119 50 Gross assets 6192 15 Deduct Assets Not Admitted Agents debit balances 10621 Other items viz Furaiture and fixtures 119 50 Total 225 71 Total admitted assets 5966 44 VLiabilities Salaries rents expenses and bills accrued 87 52 Premiums paid in advance 8 75 All other liabilities Resisted sick claims claims due 237 00 Total 343 27 Total admitted assets less total above item 7 or net solvent assets as defined by Act of 1909 5623 17 Death claims Due and unpaid No 1 10 00 Sick and accident claims Adjusted and not yet due No 14 48 00 Resisted No 52 179 00 Total claims 237 00 Insurance in force 2699537 150 on this amount or net solvent assets required 404 93 Business in the State of Georgia During 1914 No Amount Policies or certificates written during the year 4739 57269 15 Policies or certificates revived during the year 6 163 00 Total4755 57432 15 Deduct terminated or decreased during the year 1826 30436 78 Total benefit certificates in force Dec 31 1914 2929 26995 37 Policies or certificates terminated by death dur ing the year 6 57 001118 ComptbolleeGenebals Eepoet 9 Policies or certificates terminated by lapse dur ing the year lS2Q 10 Policies or certificates terminated by cancellation during the year 9 12 Received during the year from members in Georgia 0 379 78 75 5 480 05 PILGRIM HEALTH AND LIFE OF AUGUSTA GA 1143 Gwinnett Street H C Young President T j Walker Secretary Wm A Wright Attorney for Service 3 Balance from previous year 48 197 43 IIIncome 1 Membership fees actually received 10764 07 2 Assessments or weekly premiums collected 289195 08 4 Total from applicants and members 299959 15 5 Deduct payments returned to applicants and members gg G Net amount received from applicants and members 299 719 27 7 Gross interest receipts On mortgage loans per Schedule B 170 00 On bonds and dividends on stocks per Schedule D 200 00 On deposits in trust companies and banks 140 49 From all other sources Cash received by agency from agents 344 23 Rents from associations property owned including 60000 for associations o1 120S 85 8 Total interest and rents 4 2 119 34 10 From other sources 11 Deficiency 4335 99 12 Fines changes of policies etc 415 79 13 Total from other sources g M 18 Total income items 1 to 17 306 935 62ComptrollerGenerals Report 1119 IIIDisbursements 1 Death claims 21620 75 2 Sick and accident claims 109973 26 3 Total paid to members 131594 01 4 Commissions to agents 101324 02 5 Salaries and fees of managers not paid by commissions special 27734 67 6 Salaries of officers and directors No 3 and general manager 9721 61 7 Salaries of office employees No 27 8170 60 9 Traveling expenses of mgrs and agents 5753 34 11 Licenses and fees 2218 01 12 Taxes on premiums 02 13 Rent including 60000 for occupancy of own building 2213 35 14 Advertising printing and stationery 2649 54 16 Legal expense in litigating claims 150 95 17 Other legal expenses 13 35 20 Interest on guarantee fund certificates 240 67 22 General home office expenses postage ex press tel and fuel 7158 61 24 All other expenses Repairs on real estate 193 65 25 Exchange and discount 3218 auditing 53610 pref 33800 total 906 28 26 IrishAmerican Bank citizens trust deposit 11674 18 27 Longage 1567 40 30 Total disbursements items 1 to 29 314153 26 IVLedger Assets 1 Book value of real estate per Schedule A 2 Mortgage loans on real estate per Sched ule B first liens 4 Book value of bonds per Schedule D 5 Deposit in trust companies and banks on interest 6 Deposit in trust companies not on interest 8 Cash in hands of agents 9 Agents balances net 11 Other ledger assets viz Furniture fix tures and cash fund 14 Total ledger assets as per balance item 31 9039 52 4761 00 5150 00 16505 51 3074 16 613 14 68 54 1767 92 40979 79 1120 ComptrollerGeneral s Report NonLedger Assets 15 Interest accrued on mortgages per Sched ule B 16 Interest accrued on bonds per Schedule D Part 1 384 73 100 00 20 Total interest and rents due and accrued 21 Weekly ues due and unpaid 1122603 less 25 per cent for collection 32 Gross assets Deduct Assets Not Admitted 33 Agents debit balances 38 Other items viz Furniture and fixtures 42 Total admitted assets VLiabilities 2 Taxes accrued 4 6 All other liabilities Agents bond re serve 6255 22 7 Total 8 Total admitted assets less total above item 7 or net solvent assets as defined by Act of 1909 9 Death claims Due and unpaid No 15 11 Sick and accident claims Due and unpaid No 538 410 00 1422 99 13 Total claims 14 Insurance in force 95827000 150 on this amount or net solvent assets required Business in the State of Georgia During 1914 1 Policies or certificates in force December 31 1913 as per last statement 2 Policies or certificates written during the year 5 Total 6 Deduct terminated or decreased during the year 4S4 73 8419 53 49884 05 68 54 1517 92 48297 59 6453 49 r Total benefit certificates in force December 31 1914 8 Policies or certificates terminated by death during year 9 Policies or certificates terminated by lapse during year 43362 M2 1832 99 14374 00 1204121 00 1612980 00 2817100 00 1612970 00 1204130 00 21620 75 1591349 25TABLE No 1 Showing Business Done by Fire Insurance Companies in Georgia for the Year Ending April 30 1914 to to NAME OF COMPANY Aachen Munich Aetna Fire Ins Co Agricultural Ins Co Alliance Ins Co American Central American Druggists Ins Co American Home Ins Co American Fire Ins Co Atlanta Home Ins Co Atlantic National Atlas Assurance Co Boston Ins Co British America Assurance Co Caledonian Ins Co Camden Fire Ins Assn Citizens Fire Ins Co Citizens Ins Co City of New York Ins Co Columbia Commercial Un Assurance Co Commonwealth Ins Co Concordia Connecticut Continental Ins Co Dixie Druggists Indemnity Equitable Fre Marine Fire STATE Germany Connecticut New York Pennsylvania Missouri Ohio South Carolina New Jersey Georgia Georgia England Massachusetts Canada Scotland New Jersey Maryland Missouri New York Georgia England New York Wisconsin Connecticut New York North Carolina Ohio Rhode Island Risks Written During Year 3045 21875 2305 1308 5098 186 401 2987 5368 5110 4512 574 1215 1245 1964 1452 3105 2151 5032 40188 1493 554 2312 12467 1236 416 00 208 00 954 00 500 00 798 00 687 00 450 00 137 00 463 00 035 00 520 00 203 00 393 00 923 00 552 00 597 00 412 00 il8 00 257 00 822 00 117 00 700 00 850 00 651 00 095 00 1203226 00 Total Prcms 37577 00 321559 00 27026 00 20782 00 81426 00 2900 00 8740 00 46395 00 89663 00 82375 00 68502 00 6889 00 17894 00 19586 00 19309 00 34405 00 56462 00 30051 00 97944 00 273512 00 14702 00 8795 00 35757 00 177569 00 24863 00 Losses Paid 20260 00 Losses Un paid 29705 00 187450 00 18276 00 8362 00 64714 00 4231 00 22521 00 53854 00 37375 00 32779 00 8659 00 26695 00 13712 00 12560 00 21487 00 27046 00 11542 00 62133 00 148907 00 8494 00 2674 00 18668 00 96811 00 IS320 00 14377 00 31 00 10978 00 850 00 33 00 2975 00 79 00 5148 00 2268 00 6478 00 802 00 519 00 1546 00 8968 00 34 00 10626 00 10512 00 85 00 831 00 10875 00 1751 00 295 00 Fees 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 Tax 375 3215 270 207 814 29 87 463 448 82 685 68 178 195 193 344 564 300 97 2735 147 193 357 1775 248 77 5 26 82 26 00 10 95 32 38 O o Hi H W O f b H W 6 02 K 89 94 m 86 00 05 62 51 94 12 02 00 57 60 63 W w o w 19 202 60Equitable FidelityPhoenix FireAssocia1 ion Firemans Fund Ins Co Firemans Insurance Co First National Fitchburg Mutual Franklin Georgia Georgia Home Ins Co German Alliance Ins Co German American Ins Co Germania Girard Fire Marine Glenns Falls Ins Co Globe Rutgers Great Southern HamburgBremen Hanover Hartford Home Ins Co Insurance Co of N America Insurance Co of the State of Pa Liverpool London Globe Ltd England Liverpool London Globe London Lancashire London Assurance Corp Lumber Insurance Co Lumbermens Mutual Lumber Mutual Lumber Underwriters Mass Fire Marine Mercantile Mutual Milwaukee Mechanics Ins Co NationalBen Franklin South Carolina 1588609 00 New York 7447991 00 Pennsylvania 5621216 00 California 6648526 00 New Jersey 2325190 00 1 C 1071420 00 Massachusetts 281515 00 Pennsylvania 983566 00 Georgia 12204720 00 Georgia 4228387 00 New York 1972234 00 New York 9138597 00 New York 4432594 00 Pennsylvania 3185650 00 New York 3778385 00 New York 2426286 00 Kentucky 106775 00 Germany 2113583 00 New York 1896989 00 Connecticut 22209177 00 New York 21702576 00 Pennsylvania 42414824 00 Pennsylvania 1421834 00 England 14499753 00 New York 1469675 00 England 5016097 00 England 2041711 00 New York 204007 00 Ohio 305426 00 329306 00 Massachusetts New York Massachusetts 966023 00 Rhode Island 1187971 00 Wisconsin 3402832 00 Pennsylvania 12500 00 29512 00 24905 00 2348 001 107894 00 59633 00 5306 00 90784 00 53929 00 2757 00 112659 00 64064 00 955 00 29531 00 10594 00 6689 00 16053 00 22180 00 2061 00 4 322 00 1094 00 8172 00 19282 00 1692 00 208796 00 89901 00 4797 00 75167 00 62984 00 3933 00 31337 00 25869 00 5104 00 153142 00 124189 00 13128 00 72850 00 43072 00 11035 00 60865 00 46602 00 1003 00 55173 00 36902 00 2228 00 45330 00 17625 00 8456 00 2611 00 11143 00 16 00 29838 00 23558 00 1225 00 34869 00 22893 00 11061 00 376307 00 265548 00 37034 00 271868 00 222927 00 18833 00 355339 00 100946 00 11742 00 17244 00 18279 00 246804 00 200962 00 43033 00 17423 00 5221 00 57139 00 18645 00 7108 00 22898 00 11887 00 30 00 4304 00 5736 00 1676 00 10922 00 1674 00 6283 00 7443 00 19015 00 14708 00 2766 00 7636 00 1144 00 35 00 43 828 00 19739 00 189 00 284 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00l 295 1078 907 1126 295 160 43 192 208 375 313 1531 728 608 551 453 26 298 348 3763 2718 3553 172 12 94 84 59 31 53 22 82 97 83 37 42 50 64 73 30 10 39 69 Q o H ft O g H W i Q 68 39 b 2468 04 174 23 571 39 228 98 43 04 57 36 109 22 62 83 147 08 76 36 438 28 1 89 w o w H to COTABLE No 1Continued Showing Business Done by Fire Insurance Companies in Georgia for the Year Ending April 30 1914 to NAME OF COMPANY National Fire of Paris National National Union Newark New Burns wick New Hampshire Niagara NordDeutche North British Mercantile Northern Assurance Co Northern Insurance Co North River Ins Co Northwestern National Norwich Union Fire Ins Soc Orient Ins Co Pacific Palatine Ins Co Pennsylvania Pennsylvania Lumbermens Mutl Pennsylvania Millers Mutual Peoples National Phenix Fire of Paris Phoenix Assurance Co Phoenix Fire Ins Co Providence Washington Queen Ins Co Rhode Island Ins Co Fire STATE France Connecticut Pennsylvania New Jersey New Jersey N Hampshire New York Germany England England New York New York Wisconsin England Connecticut New York England Pennsylvania Pennsylvania Pennsylvania Pennsylvania France England Connecticut Rhode Island New York Rhode Island Risks Written During Year 237 14190 3933 846 1622 5640 2220 1738 7272 4330 309 1876 6 2487 1873 812 3562 4211 329 65 1035 94 4894 6397 6251 8665 859 280 00 490 00 290 00 635 00 760 00 419 00 265 00 943 00 891 00 129 00 205 00 987 00 050 00 340 00 506 00 195 00 479 00 452 00 320 00 891 00 784 00 675 00 323 00 804 00 737 00 970 00 588 001 Total Prcms 3589 00 129537 00 57033 00 14674 00 33576 00 50838 00 36380 00 26084 00 75590 00 61025 00 5195 00 29748 00 94 00 27829 00 26974 00 18666 00 57145 00 80856 00 6322 00 2450 00 18972 00 1233 00 53348 00 77148 00 63601 00 155713 00 12917 00 Losses Paid 13 00 86026 00 56297 00 4360 00 12946 00 47508 00 26807 00 4617 00 38673 00 21091 00 893 00 46610 00 12775 00 18050 00 3720 00 42982 00 46343 00 1669 00 128 00 10782 00 Losses Un paid Fees 10225 1401 210 3270 10029 685 2242 1727 9332 63 1636 256 279 1400 53 8417 27055 00 40497 00 23222 00 82005 00 2125 00 5869 10016 4371 35604 11 Tax 200 00 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 35 1295 570 146 335 508 363 260 755 610 51 297 278 269 186 571 808 63 24 189 12 533 771 636 1557 129 SO 37 32 74 W O o g H 76 37 SO 84 90 25 95 fed 48 o t1 t1 fed W i Q fed A w W o w HRoyal Exchange Assurance Royal Insurance Co Savannah Scottish Union and National Security Fire Insurance Co Southern Mutual Southern Underwriters Springfield Fire Marine Standard Fire Insurance Co St Paul Fire Marine Sun Insurance Office Svea Fire Life Ins Co Union Fire of Paris United Firemens Ins Co United States West Chester Western Assurance Co Williamsburg City1 Yorkshire Insurance Co England England Georgia Scotland Connecticut Georgia North Carolina Massachusetts Connecticut Minnesota England Sweden France Pennsylvania New York New York Canada New York England Total 3775202 00 9048629 00 1292310 00 4641092 00 3124482 00 42504921 00 5119 1184 9183 4740 862 918 778 493 3737 2558 1755 1292 858 00 938 00 565 00 955 00 925 00 672 00 956 00 555 00 420 00 003 00 390 00 253 00 60042 00 127793 00 20715 00 56358 00 39687 00 385095 00 21006 00 91389 00 5187 00 34186 00 23006 00 111061 00 91402 00 10439 00 61444 00 72612 00 10757 00 13120 00 15663 00 8329 00 42059 00 30707 00 28248 00 20748 00 500414563 00 485340 00 91322 00 4597 00 35100 00 41718 00 8220 00 17309 00 5950 00 4645 00 26953 00 22381 00 12148 00 2833 00 3812 575 00 5870 00 16390 00 1526 00 22 00 6390 00 5525 00 305 00 5634 00 800 00 317 00 1027 00 1265 00 9486 00 441996 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 200 00 21000 00 600 41 1277 93 20 71 563 58 396 87 385 09 914 02 104 39 614 44 726 12 170 57 131 20 156 63 83 29 420 58 307 07 282 48 207 48 56874 82 O o g H w o t1 b w I Q fed W W fed d o w H toTABLE No 2 Showing Business Done by Old Line Life Insurance Companies in Georgia for the Year Ending April 30 1914 to NAME OF COMPANY STATE Bisks Written During Year Total Ins in Force Total Prems Received Losses Paid Losses Unpaid Fees Tax AfroAmerican Aetna Life Ins Co A merican Cent ral American National Amicable Atlantic Bankers Reserve Jherokee Citizens National Columbia olumbian National Comrl Life Casualty Connecticut Mutual Cosmopolit an Empire Equitable Life Assur Soc Federal Fidelity Mutual Franklin Germania Home Illinois Independent Indiana National International I nt erSout hern Jefferson Standard Life Ins Co of Va Manhattan Life Alabama Connecticut Indiana Texas Texas Virginia Nebraska ieorgia Kentucky Ohio Mass Georgia Connecticut Georgia Georgia New York Illinois Penn Illinois New York New York Illinois Indiana Missouri Kentucky N Carolina Virginia New York 1889671 00 9992872 00 3000 00 25500 00 501208 00 1426708 00 37 164 12 3113 441 795 806 780 777 2014 873 4 748 727 213 300 795 500 00 000 00 000 00 500 00 400 00 709 00 479 00 471 00 000 00 000 00 912 00 159 00 918 00 699 00 890 00 638 00 641 00 112500 00 319972 00 892500 00 3708989 00 307500 00 424 230 100 5059 635 2683 1956 2955 1066 14226 13874 182 4245 3234 1448 1911 3395 401 00 000 00 500 00 012 00 965 00 713 00 013 00 849 00 356 00 410 00 484 00 541 00 023 00 631 00 424 00 419 00 337 00 197500 00 1309266 00 1214800 00 265678 00 774 00 202957 001 11884 00 5725 00 7154 00 24089 00 124773 00 19031 00 98609 00 61616 00 91 156 00 30657 00 485059 00 447792 00 6235 00 151799 00 87712 00 48927 00 65754 00 84359 00 85670 00 17083 00 93058 00 1000 00 9125 00 26884 00 6000 00 6810896 00 2890380 00 4663 00 49469 00 30168 00 129677 00 258957 00 80263 00 16344 1500 41024 6000 82158 195832 2500 50680 28322 11585 3000 23761 6102 00 10000 00 17000 00 5519 00 11355 00 3000 00 5000 00 4500 00 3000 00 12000 00 39500 00 71848 00 28000 00 88 00 1028 00 5000 00 131 00 316 00 43 00 667 00 61 00 52 00 85 00 85 00 40 00 115 00 82 00 112 00 118 00 184 00 217 00 55 00 121 00 82 00 115 00 88 00 73 00 64 00 43 00 88 00 64 00 124 00 268 00 76 00 2656 7 2029 118 57 71 24 1217 190 986 308 941 30 485 4477 41 1517 877 489 657 843 78 O 74 2 58 84 54 08 72 31 69 08 07 92 61 99 42 27 51 59 46 63 494 69 301 68 1296 77 2589 57 802 63 25 g r1 M 56 H W o w HMaryland Massachusetts Mutual Meridian Metropolitan Michigan Mutual Missouri Slate Mut ual Benefit Mutual Life of New York Natnl Life Ace Ins Co National National Life U S A New England Mutual New York Nort h American Northwestern Mutual Pacific Mutual PanAmerican Penn Mutual Philadelphia Phoenix Mut ual Pittsburg Life iv Trust Prudential Ins Co Reliance Reserve 1 oan Security Mutual Soul hern Southern Ins Co Southern States Southern Slates Mutual St andard State State Mut Life Assur Co State Mut Life Ins Co Travelers Ins Co Inion Central U S Annuity Volunteer State Totals Maryland Mass Indiana New York Michigan Missouri New York New York Tennessee Vermont Illinois Mass New York Illinois Wisconsin California Louisiana Penn Pa Connecticut Penn New Jersey Penn Indiana New York N Carolina Tennessee Alabama W Virginia Georgia Indiana Mass Georgia Connecticut Ohio Illinois Tennessee 110148 00 301057 00 288965 to 284554 OOl iSO114 00 150540 00 701341 00 632391 00 118000 00 482750 00 090170 00 110898 00 2803211 00 10873370 00 3337771 00 35120844 00 2150654 00 1181491 00 18740472 00 30843909 00 029003 00 318554 00 328500 00 508153 00 265000 00 253910 00 191916 00 388500 00 112500 00 209000 00 8159057 00 2197903 00 6288925 00 28005110 00 6988 00 23271583 00 10970987 00 458220 00 30295535 00 2775000 00 1302708 00 14330562 00 2193016 00 1105500 00 2194177 00 85 377 75 1108 53 39 599 1017 48 228 101 200 911 713 107 10 1025 936 00 448 00 320 00 862 00 352 00 908 00 26i 00 131 oo 104 00 727 00 470 00 164 00 317 00 103 00 436 00 058 00 033 00 856 00 11905 00 39000 00 20784 00 395229 00 27910 00 7989 00 168711 00 461483 00 16847 00 54162 00 31681 00 73260 00 355938 00 237649 00 46921 00 7000 00 344000 00 162423 00 472910 00 102804 00 267809 00 342844 00 424820 00 438000 00 564712 00 986300 00 202746 00 537492 00 189 9417 458 939 6888 2143 7322 5109 17787 457 2180 103427 00 35720 00 427762 00 70645 00 38 173 001 73093 00 54137 00 12215 00 138263 00 14029 00 1000 00 28030 00 142 00 186 00 572 00 472 00 209 00 858 00i 430 00 741 00 299 00 619 00 282 00 6357 00 305963 00 13762 001 14565 OOi 157296 00 73661 00 237523 00 146897 00 539071 00 15130 00 69015 00 43 00 5360 00 6740 00 1000 00 4620 05 7 00 1523 00 10687 00 3000 00 11382 00 11382 00 100 00 210 00 2000 00 10316 00 64972 00 2000 00 916 00 52500 00 27552 00 66600 00 113816 00 191027 00 5000 00 15080 00 6000 00 75806586 00373058863 0011915594 00 4924003 oo229051 009979 00112251 01 10000 00 32000 00 15000 00 82 00 190 00 79 00 676 00 82 00 73 00 340 00 175 00 139 00 268 00 256 00 112 00 37000 43 00 271 00 151 00 64 00 928 00 86 00 121 00 55 00 190 00 40 00 76 00 121 00 115 00 58 00 160 00 52 00 106 00 73 00 58 00 85 00 358 00 109 OOi 151 001 91 00 11 S59 3774 753 088 533 399 5992 10171 481 2287 1014 2001 9113 1 7134 1070 100 10258 36 48 25 62 52 08 66 31 04 27 70 64 17 03 36 58 33 56 1034 357 4277 766 381 730 27 20 02 45 73 oo 93 63 1529 137 14 1572 736 1187 1468 6573 151 690 56 81 62 56 96 61 61 97 04 30 15 O o g H SJ O f f H W Q w M a W o w HTABLE No 3 Showing Business Done by Assessment Life Fire and Accident Insurance Companies in Georgia for the Year Ending April 30 1914 OD O o K H a o p p H W Q H fe P P NAME OF COMPANY STATE Risks Written During Year Total Premiums Losses Paid Losses Unpaid Fees Tax American Ins CoLife Atlanta Mutual Ins Co Bankers Health and Life Continental Aid Farmers CooperativeFire Farmers Mutual Farmers Mutual Farmers Protective Free State Cooperative German Mutual Georgia MutualLife Gordon County MutualFire Guaranty Mutual Life HealthLife Guaranty Fund Industrial Life and Health Mutual Livestock Mutual Benefit Industrial Merchants Life Assn National Life Assn N C Mutual Provt Assn Peoples Health and Life Pilgrims Health and Life South Georgia FarmersFire Sunlight Union Mutual Life Assn Life U S Health and Life Savannah Ga Atlanta Ga Macon Ga Atlanta Ga Jackson Ga Dawson Ga Oakman Ga Lithonia Ga Danielsville Ga Savannah Ga Augusta Ga Calhoun Ga Savannah Ga Nebraska Atlanta Ga Colbert Ga Savannah Ga Iowa Iowa North Carolina Macon Ga Augusta Ga Thomasville Ga Atlanta Ga Atlanta Ga Atlanta Ga 504498 00 116000 00 361821 00 80835 00 207458 00 1419160 00 43250 00 46542 00 130170 00 190316 00 109062 00 2747 00 1914 00 5540 00 2386 00 611 00 16214 00 129893 00 2625 00 78340 00 460535 00 130309 00 1245 00 1959 00 56157 00 82017 00 115250 00 282612 00 410 00 26492 00 196961 00 17968 00 52444 00 75459 00 45673 00 166 00 6327 00 2950 00 735 00 3265 00 48593 00 4233 00 29547 00 193266 00 50879 00 2000 00 10933 00 111918 00 2704 00 4195 00 94280 00 457 00 400 00 1130 00 1040 00 91 00 223 00 307 00 211 00 25 00 25 00 25 00 25 00 25 00 25 00 277 00 25 00 229 00 91 00 421 00 43 00 187 00 118 00 106 00 148 00 40 00 151 00 25 00 25 00 334 00 148 00 Total 2930289 00 1873040 00 757265 00 3027 00 3350 002618 69 46 54 130 16 190 31 109 06 27 46 19 14 55 40 23 85 6 11 81 07 129 87 26 25 78 83 460 53 130 31 12 45 19 59 561 57 2826 4 10 26 50 196 96 w hj O W HTABLE No 4 t Showing Business Done by Accident Marine and Bonding Insurance Companies in the State of Georgia for the Year Ending April 30 1914 O NAME OF COMPANY STATE Risks Written During Year Total Premiums Losses Paid Losses Unpaid Fees Tax Aetna Aec Liab Co Aetna Life Ins Co Ace Dept American Bonding Co American Casualty Co American CreditIndemnity Co American Life Ace Ins Co American Surety Co Columbia Ins Co Continental Casualty Co Employers Liab Assur Corp Equitable Surety Co Federal Casualty Co Fidelity iV Jasualty Co Fidelity Deposit Co Frankfort General Ins Co General Accident ieneral Indemnity Georgia Casualty Co Globe Indemnity Co Great Eastern Casualty Co Hartford Steam Boiler 1 n t erst ate Casualty Interstate Life Accident Kentucky Live Stock Co Lloyds Plate Glass London Lancashire G A London Guar Accident Loyal Protective Insurance Co Connecticut Connecticut Maryland Pennsylvania New York Missouri New York New Jersey Indiana England Missouri Michigan New York Maryland German Scotland New York Georgia New York New York Connecticut Alabama Tennessee Kentucky New York New York England Mass 8717300 00 188974 00 3850 00 2617 00 16302384 00 747567 00 1307116 00 5293 00 119000 00 12094500 00 322125 00 1858834 00 41774 00 82920 00 382 00 10128 00 10379 00 11156 00 38301 00 13404 00 69719 00 20076 00 3688 00 4169 00 105065 00 78859 00 2153 00 55830 00 18019 00 35858 00 1001 00 3918 00 3746 00 5042 00 2967 00 4105 OO 35771 00 1052 00 8 00 1732 00 OS814 00 44281 00 49 00 28753 00 5333 00 27076 00 13455 00 3015 00 103414 00 1538766 6969 00 77096 01 2991 00 11748 00 24676 00 12359 00 41815 00 58819 00 2755 00 3007 00 856 00 5564 00 24961 00 150 00 248 00 3308020 00 130175 00 1389 00 1264 00 23747 00 2125 00 409 00 108 00 12405 00 1619 00 73 00 600 00 43 00 70 00 43 00 79 00 595 00 73 00 256 00 67 00 115 00 52 00 193 00 232 00 46 00 202 00 40 00 127 00 43 00 214 00 205 00 40 00 145 00 40 00 64 00 43 00 82 00 76 00 417 829 3 74 20 S2 13 89 12 64 237 47 21 24 O o 101 28 d H 103 79 W 111 55 J p 383 00 P 134 04 w w 1 697 19 200 75 UJ 36 88 ts 41 69 1050 65 ft 788 59 21 53 558 30 W 77 09 H 29 91 C 117 48 ft H 246 75 123 59 418 15 Maryland Casualty Maryland Motor Car Co Masonic Mutual Accident Masonic Protective Assn Massachusetts Bonding Ins Metropolitan Casualty National Casualty National Surety New England Casualty New York Plate Glass North American Accident Ocean Guar Accident Corp Preferred Accident Provident Life Accident Ridgely Protective Assn Royal Casualty Royal Indemnity Standard Accident Standard Marine Thames Mersey Marine Travelers Indemnity Travelers Insurance Co Union Marine IT S Casualty US Fidelity Guar U S Health Accident USLloyds Maryland Maryland Mass Mass Mass New York Michigan New York Mass New York Illinois England New York Tennessee Mass Missouri New York Michigan New York England Connecticut Connecticut England New York Maryland Michigan New York 3547937 00 524725 00 586 00 2687378 00 127600 00 10148414 00 2585000 00 2148747 00 212411 00 185360 00 3460 00 4925508 00 463086 00 30049000 00 905100 00 3930485 00 152698 00 80417 00 32756 00 5497 00 13958 00 22323 00 8958 00 6640 00 22111 00 22743 00 3144 00 22690 00 63995 00 8393 00 7536 00 10193 00 11896 00 61995 00 41845 00 37856 00 15616 00 176638 00 9452 00 62555 00 149474 00 8834 00 18022 00 Totals8107552552 001670460 008795201 008290736 008 6587 00 816428 82 3070 7854 IS457 1910 5965 17860 4457 1258 12288 55243 3866 3714 9619 3096 17065 27799 2864 00 1971 00 553 00 304 00 13857 00 400 00 4085 00 9141 00 362 00 517 00 19594 00 7511 00 6326 00 74866 00 3426 00 28936 00 48713 00 6057 00 4878 00 2365 00 3860 00 28653 00 253 00 415 00 373 00 43 00 61 00 67 00 127 00 97 00 112 00 355 00 46 00 73 00 232 00 82 00 58 00 73 00 64 00 109 00 130 00 232 00 43 00 46 00 124 00 70 00 94 00 436 00 106 00 76 00 1520 97 54 97 139 58 223 23 89 58 66 40 221 11 227 43 31 44 226 90 639 95 83 93 75 36 101 93 118 96 619 95 418 45 37856 156 16 766 38 94 52 625 55 494 74 88 34 180 22 Q o g H w O g t1 H W M W H o W H1132 ComptrollerGenerals Eeport TABLE No 5 Showing Fraternal Orders Doing Business in this State NAME OF COMPANY STATE FEES American Woodmen Ben Hur Catholic Knights Columbian Woodmen Columbian Fraternal Fraternal Prov Assn Fraternal Mystic Circle Fraternal Union of America Golden Cross Golden Seal Grand Fraternity Heptasapho Homes Friend Knights of Columbus Knights of Honor Knights of Maccabees Knights of Pythias Knights of Moses Ladies of Maccabees Masonic Relief Assn Masons Annuity Masonic Mutual Life Assn Modern Brotherhood of America Modern Woodmen of America National Union Praetorions Puritaus Railway Mail Officials Assn Royal Arcanum Royal Neighbors Southern Woodmen United Commercial Travelers Woodmens Circle Woodmen of the World Woodmen Independent Order Colorado Indiana Missouri Georgia Dist of Columbia Georgia Pennsylvania Colorado Tennessee New York Pennsylvania Maryland Georgia Connecticut Missouri Michigan Indiana Georgia Michigan Georgia Georgia Dist of Columbia Iowa Illinois Ohio Texas Pennsylvania New Hampshire Massachusetts Pennsylvania Alabama Ohio Nebraska 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 CO 40 00 40 00 40 00 40 00 40 00 40 00 40 00 10 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 40 00 hi oo 1400 00TABLE No 6 Comparative Tables Showing Business Done by Insurance Companies in the State of Georgia for the Years 1910 to 1914 inclusive Amount Insurance in Force Premiums Losses Fees Taxes Total Q o g H w o b s w Q 51 16 p 1910 1910 1910 1910 1911 1911 1911 1911 1912 1912 1912 1912 1912 1913 1913 1913 1913 1913 1914 1914 1914 1914 1914 Fire Life Assessment Accident Casualty and Surety Fire Old Line Life Assessment Life Accident Casualty and Surety Fire Life Assessment Life and Accident Accident Casualty and Surety Fraternal Orders Fire 398735 609499 26249 120670 415974 320936 17800 163242 426571 344601 21366 127869 304 29 315 20 809 41 025 78 670 55 201 10 980 50 507 88 996 12 245 93 093 55 126 86 5348 8703 1210 1024 5505 9965 1 392 1107 6207 10629 1574 1254 056 40 437 12 107 20 291 26 043 26 386 90 946 05 860 88 400 49 824 88 739 37 898 06 Life Assessment Life Accident and Fire Miscellaneous Fraternal Fire 438777513 25 355342461 00 10905454 55 183348497 13 6098817 18 10801841 92 1668098 16 1701928 02 Life Assessment Life and Accident v iscellaneous Frai ernal 500414563 00 373058863 00 107552552 00 6485340 00 11915594 00 1873040 00 1670460 00 2524 3071 650 441 2728 3822 534 534 3296 3558 704 569 704 85 620 86 344 19 788 09 535 51 902 06 753 59 200 55 195 19 097 72 598 80 747 71 3217920 13 4037640 99 751487 22 845667 17 297391 27 206479 83 11500 00 183797 96 441394 58 164778 56 1485 89 125855 27 546144 64 305412 26692 67 140610 29 14985 00 5593 80 4152 60 4612 80 16176 85 6012 55 2846 80 5054 20 17217 00 7525 60 3006 20 5168 40 48628 84075 4769 9953 50447 90458 3214 10918 53553 96813 3131 11326 48 59 91 47 SO 32 93 10 66 812575 00 4924003 00 757265 00 795201 00 343336 88 301601 03 2243 08 201374 56 441776 00 22901 00 290736 00 22200 00 10050 00 3108 00 6633 00 1560 00 21600 00 9979 00 3350 00 6587 00 1400 00 53264 11 110249 29 2298 63 15807 26 56874 82 112273 30 2618 69 16428 82 w o w H COINDEX FIRE COMPANIES A AACHENMUNICH FIREU S BRANCH Statement of 1 ETNA FIRE INS CO HARTFORD CONN Statement of 4 AGRICULTURAL FIRE INS CO WATERTOWN N Y Statement of 10 ALLIANCE INS CO PHILADELPHIA PA Statement of 15 AMERICAN KXTRAL STOCK FIRE MO Statement of 24 AFRICAN DRUGGISTS STOCK FIRE INS CO OHIO Statement of 28 AMERICAN INS CO NEWARK N J Statement of 19 ATLANTA HOME INS CO ATLANTA Statement of 2 ATLAS ASSURANCE CO LONDON ENG Statement of 36 B BOSTON INS CO MASS Statement of 40 BRITISH AMERICA ASSURANCE CO CANADA Statement of 45 C CALEDONIAN FIRE INS CO N Y Statement of CAMDEN INS CO N J Statement of 531136 CoMPTROLLERGrENERAL s REPORT CENTRAL MFRS MUTUAL OHIO Statement of gg CITIZENS INSCO MISSOURI Statement of g2 CITY OF NEW YORK INS CO N Y Statement of g COMMERCIAL UNION ASSN CO ENG Statement of gg COMMONWEALTH INS CO N Y Statement of 74 CONCORDIA FIRE INS CO WIS Statement of 77 CONNECTICUT FIRE INS CO CONN Statement of g2 CONTINENTAL INS CO N Y Statement of gg COUNTY INS CO PA Statement of 92 E EQUITABLE FIRE MARINE INS CO E I Statement of oq EQUITABLE INS CO S C Statement of 100 F FEDELITYPHCENIX INS CO N Y Statement of 105 FIRE ASSOCIATION PA Statement of no FIREMANS FUND INS CO CAL Statement of 115 FIREMEN S FIRE INS CO N J Statement of 121 FIRST NATIONAL FIRE INS CO U S D C Statement of 125 FITCHBURG FIRE INS CO Statement of 131 FRANKLIN FIRE INS CO PA Statement of 135 ComptrollerGenerals Eeport 1137 G GEORGIA HOME EIRE INS CO GA Statement of 139 GERMAN ALLIANCE INS CO N Y Statement of 144 GERMANAMERICAN INS CO N Y Statement of 147 GERMANIA FIRE INS CO N Y Statement of 152 GIRARD FIRE MARINE INS CO PA Statement of 157 GLENS FALLS INS CO N Y Statement of 162 GLOBE AND RUTGERS FIRE INS CO N Y Statement of I67 H HAMBURG BREMEN FIRE INS CO GERMANYN Y Statement of 1 HANOVER FIRE INS CO N Y Statement of I7 HARTFORD FIRE INS CO CONN Statement of 81 HOME INSURANCE CO N Y Statement of I6 I INSURANCE CO NORTH AMERICA PA Statement of m INSURANCE CO STATE OF PA PA Statement of 96 L LIVERPOOL LONDON GLOBE INS CO ENG Statement of 20 LIVERPOOL LONDON GLOBE INS CO N Y Statement of 2071138 ComptrollerGenerals Report london assurance cor n y Statement of oj LONDON LANCASHIRE FIRE INS CO ENG N Y Statement of 215 LUMBER MUTUAL FIRE INS CO MASS Statement of i 220 LUMBER UNDERWRITERS OF N Y Statement of 224 LUMBERMENS MUTUAL FIRE OHIO Statement of 298 M MASSACHUSETTS FIRE AND MARINE MASS Statement of 232 MERCANTILE MUTUAL FIRE R I Statement of 236 MILWAUKEE MECHANICS INS CO AVIS Statement of 240 N NATIONAL BEN FRANKLIN FIRE INS CO Statement of i 245 NATIONAL FIRE NS CO FRANCE Statement of 260 NATIONAL FIRE INS CO CONN Statement of 210 NATIONAL UNION PIBE INS CO PA Statement of 255 NEWARK FIRE INS CO N Statement of 973 NEW BRUNSWICK FIRE INS CO N J Statement of 264 NEW HAMPSHIRK PEBE IXS N H Statement of 268 NIAGARA FIRE INS CO X V Statement of 27s NOBDDEUTSCHE PIBE NS CO X V Statement of oaoCOMPTROLLERGrENERALs EePORT 1139 NORTH BRITISH AND MERCANTILE FIRE INS CO U S N Y Statement of 287 NORTHERN ASSURANCE CO Ltd ENG Statement of 295 NORTHERN INS CO N Y Statement of 300 NORTH RIVER INS CO N Y Statement of 291 NORTHWESTERN NATIONAL EIRE INS CO WIS Statement of 303 NORWICH UNION FIRE SOCIETY ENGLAND N Y Statement of 308 O ORIENT INS CO HARTFORD CONN Statement of 313 P PACIFIC FIRE INS CO N Y Statement of 318 PALATINE INS CO Ltd ENGLAND Statement of 321 PENNSYLVANIA FIRE INS CO PA Statement of 325 PENNSYLVANIA LUMBERMENS FIRE PA Statement of 329 PENNSYLVANIA MILLERS FIRE INS CO PA Statement of 333 PEOPLES NATIONAL FIRE INS CO PA Statement of 337 PHENIX FIRE INS CO FRANCE Statement of 342 PHOENIX ASSURANCE Ltd ENGLAND Statement of 340 PHOENIX FIRE INS CO CONN Statement of 351 PROVIDENCEWASHINGTON FIRE R I Statement of 3551140 ComptrollerGenerals Eepoet Q QUEEN INS CO OF AMERICA N Y Statement of o ioO E RHODE ISLAND INS CO Statement of 36o ROYAL EXCHANGE ASSURANCE ENGLAND Statement of ob9 ROYAL INS CO Ltd ENGLAND Statement of old S ST PAUL FIRE MARINE INS CO Statement of 0 9 SAVANNAH FIRE INS CO GA Statement of 185 SCOTTISH UNION NATIONAL INS CO Statement of 0QO OOO SECURITY INS CO CONN Statement of SOUTHERN MUTUAL FIRE GA Statement of SOUTHERN UNDKRWRITERS STOCK FTRE Statement of SPRINGFIELD FIRE AND MARINE MASS Statement of a STANDARD FERE INS CO Statement of STERLING FIRE INS CO IND Statement of o SUN INS co ENGU S BRANCH Statement of 41 8VEA FIRE AND LIFE Ltd SWEDEN Statement of 490ComptrollerGenerals Eeport 1141 u UNION FIRE INS CO FRANCE Statement of 426 UNITED STATES FIREMENS FIRE PA Statement of 429 UNITED STATES FIRE INS CO N Y Statement of 434 W WESTCHESTER FIRE INS CO N Y Statement of 437 WESTERN ASSURANCE CO CANADA Statement of 442 WILLIAMSBURG CITY FIRE INS CO Statement of 446 Y YORKSHIRE INS CO Ltd ENGLAND U S BRANCH Statement of 451 LIFE COMPANIES A vETNA LIFE INS CO CONN Statement of 455 AFROAMERICAN LIFE ALA Statement of 4r AMERICAN CENTRAL LIFE Statement of 468 AMERICAN NATIONAL INS CO TEXAS Statement of 474 ATLANTIC LIFE INS CO VA Statement of 47fi B BANKERS RESERVE LIFE CO NEB Statement of 4821142 ComptrollerGeneral s Eeport c CHEROKEE LIFE INS CO GA Statement of 487 COLUMBIA LIFE INS CO OHIO Statement of 493 COLUMBIAN NATIONAL LIFE MASS Statement of 499 COMMERCIAL LIFE CASUALTY CO Statement of 492 CONNECTICUT MUTUAL LIFE CONN Statement of 507 COSMOPOLITAN LIFE GA Statement of 514 E EQUITABLE LTFE ASSURANCE SOCIETY N Y Statement of 519 F FEDERAL LIFE INS CO ILL Statement of 529 FIDELITY MUTUAL LIFE INS CO PA Statement of 535 FRANKLIN LIFE INS CO ILL Statement of 542 G GERMANIA LIFE INS CO N Y Statement of 554 GEORGE WASHINGTON LIFE Statement of 549 H HOME LIFE INS CO N Y Statement of 5g I INDEPENDENT LIFE INS CO TENN Statement of ComptrollerGenerals Report 1143 illinois life ins co ill Statement of 569 INDIANA NATIONAL LIFE IND Statement of 580 INTERNATIONAL LIFE INS CO MO Statement of 586 INTERSOUTHERN LIFE INS CO KY Statement of 592 J JEFFERSON STANDARD LIFE INS CO N C Statement of 510 L LIFE INS CO OF VIRGINIA VA Statement of 603 M MANHATTAN LIFE INS CO N Y Statement of 630 MARYLAND LIFE INS CO MD Statement of 617 MASSACHUSETTS MUTUAL LIFE INS CO MASS Statement of 624 MERCHANTS LIFE INS CO Statement of 631 MERIDIAN LIFE INS CO Statement of 633 METROPOLITAN LIFE INS CO Statement of 638 MICHIGAN MUTUAL LIFE INS CO Statement of i MISSOURI STATE LIFE INS CO Statement of 653 MUTUAL BENEFIT LIFE INS CO Statement of GGL MUTUAL LIFE INS CO N Y Statement of 6681144 ComptbollebGenebals Eepobt N NATIONAL LIFE ACCIDENT INS CO TENN Statement of fa6 NATIONAL LIFE INS CO VT Statement of NATIONAL LIFE INS U S AMERICA ILL Statement of fiSr NEW ENGLAND MUTUAL LIFE MASS Statement of nr 09o NEW YORK LIFE INS CO N Y Statement of A 01 NORTHWESTERN MUTUAL LIFE WIS Statement of a P PACIFIC MUTUAL LIFE CAL Statement of 17 PANAMERICAN LIFE INS CO LA Statement of 2 PENN MUTUAL LIFE INS CO PA Statement of i1 PHOENIX MUTUAL LIFE INS CO CONN Statement of dS PITTSBURGH LIFE AND TRUST CO PA Statement of 146 PRUDENTIAL INS CO OF AMERICA N J Statement of R RELIANCE LIFE INS CO PA Statement of 162 RESERVE LOAN LIFE INS CO Statement of f67 S SECURITY MUTUAL LIFE INS CO N Y Statement of 773CoMPTROLLERGeNEBALS REPORT 1145 SOUTHERN LIFE AKD TRUST CO Statement of 80 SOUTHERN STATES LIFE INS CO GA Statement of STANDARD LIFE INS CO Statement of 790 STATE LIFE INS CO IND Statement of 7li STATE MUTUAL ASSURANCE CO Statement of 800 T TRAVELERS INS CO HARTFORD CONN Statement of 807 U UNION CENTRAL LIFE INS CO OHIO Statement of 81S U S ANNUITY LIFE INS CO ILL Statement of 826 UNITED STATES LIFE INS CO N H Statement of 822 V VOLUNTEER STATE LIFE INS CO TENN Statement of 831 MISCELLANEOUS COMPANIES A JETNA ACCIDENT LIABILITY CO Statement of 838 AMERICAN CASUALTY CO PA Statement of 844 AMERICAN CREDIT INDEMNITY CO N Y Statement of 1146 ComptrollerGenerals Eeport AMERICAN LIFE ACCIDENT CO MO Statement of oOo AMERICAN NATIONAL INSURANCE CO TEXAS Statement of 800 AMERICAN SURETY CO N Y Statement of oaa 003 C CASUALTY CO OF AMERICA N Y Statement of 867 COLUMBIA INSURANCE CO N Y Statement of 0A 84 COLUMBIAN NATONAL LIFE CO MASS Statement of c o to CONTINENTAL CASUALTY CO INC Statement of R1 E EMPLOYEES LIABILITY ASSURANCE CO U S BRANCH Statement of DOi 885 EQUITABLE SURETY CO MO Statement of F FEDERAL CASUALTY CO MICH Statement of gfi FEDERAL LIFE INS CO ILL Statement of FIDELITYDEPOSIT CO MD Statement of qn9 FRANKFORT GENERAL INS CO GERMANY Statement of qn G GENERAL ACCIDENT FIRE LIFE ASSN CORP PA Statement of GENERAL IXDKMMTV CORP N Y Statement of qonComptrollerGenerals Report 1147 GEOEGIA CASUALTY CO GA Statement of GLOBE INDEMNITY CO N Y Statement of H HARTFORD ACCIDENT INDEMNITY CO CONN 934 Statement of HARTFORD STEAM BOILER INSPECTIONINS CO 940 Statement of I INTERSTATE CASUALTY CO ALA Statement of INTERSTATE LIFEACCIDENT CO TENN 94o Statement of L LLOYDS PLATE GLASS INS CO N Y Statement of LONDONLANCASHIRE GUARANTEE ACCIDENT CO N Y Statement of LONDON GUARANTEE ACCIDENT CO ILL 961 Statement ot LOYAL PROTECTIVE INS CO MASS Statement of M MARYLAND CASUALTY CO MD Statement of MASONIC MUTUAL ACCIDENT CO MASS Statement of MASONIC PROTECTIVE ASSOCIATION MASS 980 Statement ot MASSACHUSETTS BONDING INS CO MASS n ifao Statement 01 METROPOLITAN CASUALTY CO N Y Statement of 1148 ComptrollerGenerals Report N NATIONAL CASUALTY CO MICH Statement of 993 NATIONAL RELIEF ASSURANCE CO PA Statement of 997 NATIONAL SURETY COMPANY N Y Statement of 1009 NEW ENGLAND CASUALTY CO MASS Statement of 1006 NEW YORK PLATE GLASS INS CO Statement of 1012 NORTH AMERICAN ACCOUNT INS CO ILL Statement of 1015 O OCEAN ACCIDENT GUARANTEE CORP N Y Statement of P PACIFIC MUTUAL INS CO CAL Statement of PREFERRED ACCIDENT INS CO NY Statement 0f 1030 PROVIDENT LIFEACCIDENT INS CO TENN Statement of R RIDGELY PROTECTIVE ASSOCIATION MASS Statement of ROYAL INDEMNITY CO N Y Statement of J041 S STANDARD ACCIDENT INS CO MICH Statement of lOol STANDARD MARINE INS CO N Y Statement of 1048CompteollebGenebals Eepoet 1149 subscribers at it s lloyds n y Statement of 1085 T THAMESMERSEY MARINE INS CO Ltd N Y Statement of 1056 TEAVELERS INDEMNITY CO CONN Statement of 1060 TRAVELERS INSURANCE COMPANY Statement of 1065 U UNION MABINE INS CO N Y Statement of1071 UNITED STATES CASUALTY COMPANY N Y Statement of 171 UNITED STATES FIDELITY GUARANTY CO MD Statement of 178 ASSESSMENT FIRE COMPANIES F FARMEES COOPERATIVE ASSESSMENT FIEE GA Statement of 1090 FAEMERS MUTUAL ASSESSMENT FIEE GA Statement of1091 FAEMEES MUTUAL INS ASSN GA Statement of 1093 FBEE STATE COOPEEATIVE ASSESSMENT FIEE GA Statement of 194 G GOEDON COUNTY MUTUAL FIEESTOEM GA Statement of I0951150 CompteollekGeneeals Report s SOUTH GEORGIA FARMERS FIRE GA Statement of 1096 SUNLIGHT INSURANCE CO GA Statement of 1097 ASSESSMENT LIFE COMPANIES A AMERICAN INS CO SAVANNAH GA Statement of C CONTINENTAL MUTUAL AID ASSN GA Statement of G GEORGIA MUTUAL INLIFE CO GA Statement of GUARANTY MUTUAL LIFE INS CO GA Statement of 110a I INDUSTRIAL LIFE AND HEALTH CO GA Statement of 1108 M MUTUAL BENEFIT IN LIFE GA Statement of N NATIONAL LIFE ASSN IOWA Statement of P PEOPLES HEALTH AND LIFE GA Statement of 1115 PILGRIM HEALTH AND LIFE GA Statement of JlLo I UNIVERSITY OF GEORGIA LIBRARIES 3 siaa D5M24 saai j