LIABILITIES. Net amount of unpaid losses.... Unearned premiums at fifty per cent. of gross premiums.. Due and accrued for salaries, rent, and incidental expenses Commissions and brokerage... Return premiums..... Re-insurance. $305,931.46 3,728,833.77 2,266.66 113,955.98 81,903.32 7,819.14 $4,240,710.33 $1,000,000.00 304,918.71 1,304,918.71 $5,545,629.04 Gross liabilities, except capital and surplus... . . . Total liabilities, including capital and surplus............... INCOME. Cash received for gross premiums..... Net cash received for premiums—all fire. Received for interest on mortgages. Interest and dividends from all other sources. $5,529,936.94 1,044,153.52 $4,485,783.42 6,536.99 162,135.82 15,455.15 Net amount in force Dec. 31, 1894.... $573,154,894.00 $7,457,667.54 MISCELLANEOUS. Premiums received from organization to date. Fire losses incurred during the year... Cash dividends declared since commencing business.. Amounts deposited for the exclusive protection of policy- $97,972,710.60 50,165,579.03 2,759,261.00 3,474,000.00 156,550.00 100,000.00 Cash value of real estate, less incumbrances thereon... Loans on mortgages of real estate (first liens).... Interest due and accrued thereon.... Value of land mortgaged... Value of buildings thereon.. Insurance held as collateral.. $386,612.55 324,242.85 53,891.49 $520,200.00 169,950.00 93,375.00 Unearned premiums at fifty per cent. of gross premiums... 2,274,743.46 Gross liabilities, except capital and surplus.... Paid-up capital............. Surplus beyond all liabilities.. Surplus as regards policy-holders... . $2,798,323.09 $2,000,000.00 789,734.98 2,789,734.98 $5,588,058.07 Total liabilities, including capital and surplus... INCOME. Cash received for gross premiums..... .$4,085,061.25 .... Net amount in force, Dec. 31, 1894.......$381,879,635.00 $4,549,486.92 MISCELLANEOUS. Premiums received from organization to date. Losses paid from organization to date...... : Cash dividends declared since commencing business.. Company's stock owned by the directors, at par value. Dividends declared during the year.. Amount loaned to officers and directors.. Amount loaned to stockholders not officers.. $58,832,730.85 35,629,628.53 2,106,202.97 6,405,000.00 81,200.00 280,000.00 61,500.00 Amounts deposited for the exclusive protection of policyholders in other states or countries as follows, viz.: 66.500.00 Gross premiums in course of collection.. Bills receivable, not matured, taken for premiums.. Gross assets.. LIABILITIES. $1,061,670.00 1,978.12 79,135.62 153,442.28 58,144.32 $1,354,370.34 Total unearned premiums.. 699,137.58 Due and accrued for salaries, rent, and incidental expenses 10,514.95 Commissions and brokerage.. 24,828.50 |