From fire risks. INCOME DURING THE YEAR. Gross premiums and bills in course of collection December 31, 1881 Deduct amount of same not collected $5,847 09 Net amount collected December 31, 1882 $5,847 09 Gross premiums on risks written and renewed during the year..... 78,455 26 Total.. $84,302 35 Deduct premiums and bills in course of collection December 31, 1882.... 4,351 71 Premiums collected during the year.. $79,950 64 Deduct re-insurance, rebate, abatements and return premiums 10,728 35 In force on the 31st day of December of the preceding year... Total. Deduct those expired and marked off as terminated RECAPITULATION. In force having from date of policy not more than one year to Total premiums received from organization of company to date. $389,914 18 145,568 83 40,218 02 78,000 00 Total losses incurred during the year... Total cash dividends declared since the company commenced business... BUSINESS IN THE STATE OF ILLINOIS DURING THE YEAR. Amount of risks taken, fire. Premiums received, fire.. Losses paid fire... Losses incurred, fire.. $1,448,918 00 15,202 23 1.619 99 1,619 90 MARINE INSURANCE COMPANY. YEAR ENDING DECEMBER 31, 1882. JAN 25 1884 G, M (Located at St. Louis, Mo.; commenced business February, 1837; commenced business in Illinois August 25, 1882.1 S. M. EDGELL, PRESIDENT. SAMUEL G. KENNEDY, SECRETARY. Capital stock paid up in cash.... CAPITAL. $200,000 00 ASSETS. Market value of stocks and bonds owned by the company, viz: Value of real estate owned by the company, unincumbered $7,500 00 .......... 15,284 91 181,650 00 Gross premiums in due course of collection, not more than three months due... 33,107 10 210 33 ITEMS NOT ADMITTED AS ASSETS, VIZ: Premiums unpaid on policies which have been issued more than three months.... $42 65 Salvage claims.. 1,486 85 Unearned premiums at 50 per cent. on fire risks under one year Unearned premiums, pro rata, on fire risks running more than one year. $7,512 31 3,470 94 Unearned premiums at 50 per cent. on inland navigation risks. In force on the 31st day of December of the preceding year.. Total.... Deduct those expired and marked off as terminated..... In force at the end of the year..... Deduct amount re-insured... Net amount in force December 31, 1882.... RECAPITULATION. In force having from date of policy not more than one year In force on the 31st day of December of the preceding year.. BUSINESS IN THE STATE OF ILLINOIS DURING THE YEAR. MANUFACTURERS' FIRE AND MARINE INSURANCE COMPANY. YEAR ENDING DECEMBER 31, 1882. Located at Boston, Mass.; commenced business January 9, 1873; commenced business in Illinois February 11, 1873.] SAMUEL APPLETON, PRESIDENT. SAMUEL H. WISE, SECRETARY. GEORGE C. CLARK, ATTORNEY IN ILLINOIS, AT CHICAGO. Capital stock authorized. Capital stock paid up in cash.. CAPITAL. $500,000 00 500,000 00 ASSETS. Value of real estate owned by the company, unincumbered $80 000 00 Loans on bond and mortgage upon which more than one year's interest is due.. 35,600 00 11,000 00 Interest due and accrued on bond and mortgage loans.. 3,647 62 Total value of mortgaged premises.. Market value of United States bonds owned by the company, $73,100 00 par value.... Market value of other stocks and bonds owned by the company, viz:... Par value. Market value. 414, 183 50 Stocks. National Bank... Somerville Horse Railroad.. 2,000 00 2,040 00 Gross premiums in due course of collection, not more than three months due 100, 271 91 28,530 38 2,307 72 Net amount of unpaid losses $68,767 51 Unearned premiums at 50 per cent. on fire risks under one year... Unearned premiums pro rata, on fire risks running more than Unearned premiums at 100 per cent. on marine risks. Gross liabilites, except capital stock...... Surplus as regards policy holders.. Surplus over paid up capital...... INCOME DURING THE YEAR. In force on the 31st day of December of the preceding year. Fire risks. $100, 179,447 80, 154, 705 $180,334 152 $79, 169, 385 $72,162,089 Premiums. $689,995 87 $637,209 55 |