N. Y. Central & H. R. R. R. stock 15,000 00 13,950 00
Rensselaer & Saratoga R. R. stock 17,800 00 32,040 00
$149,800 00 $174,982 50
Total amount at risk December 31, 1896 $43,012,177 00
Business in Maryland in 1896 :
Fire risks written in 1896 $451,502 00
Premiums received 3,520 90
Losses paid 488 98
Losses incurred 488 98
24:4: Westchester J^ii'e Insurance Go. of New YorTi, JV. Y.
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
WESTCHESTER FIRE INSURANCE COMPANY
OF NEW YORK, N. Y.
Commenced Business 1S70. Capital Stock $300,000.
George R. Crawford, President. John Q. Underhill, Secretary.
Principal Office, No. 66 Wall Street.
Attorney to accept service in lilaryland, - - -E.G. Parker.
General Age7it in Matyland, - - - E. G. Parker.
Summary of assets Decemier 31, 1896 :
Real estate $ 216,500 00
Loans on mortgage of real estate 526,200 00
Stocks and bonds owned by the company, market
value 1,075,850 00
Interest due and accrued 4,799 31
Cash in companj''s office and in bank 8-1,562 42
Premiums in course of collection 234,992 76
Total admitted assets $2,142,804 49
Assets not admitted in Maryland:
Deposits in various States for the protection of
policy holders in such States, market value. . . §98,250 00
Liabilities in said States .•. 43,738 31
Surplus over said liabilities $54,511 69
LiaMlities :
Losses reported, adjusted and unpaid $ 105,684 72
Re-insurance reserve required by law 1,038,998 52
All other liabilities as per detailed statement on
file 49,243 47
Gross liabilities, exclusive of capital 1,193,926 71
tsurplus as regards policy holders $948,877 78
Capital stock 300,000 00
Surplus over capital, including surplus of
assets not admitted in this State $703,389 47
Income during year :
Cash premiums received $1,276,061 84
Interest on mortgages 29,319 44
Interest on loans and dividends 41,907 77
From other sources 749 96
Actual cash income $1,348,039 01
'Westchester Fi/re insurance Co. of New YorTc, N. Y. 245
Expenditures during year :
Amount paid for losses 1599,139 31
Cash dividends 30,000 00
Commissions and brokerage 265,023 43
Salaries and fees 46,303 18
Taxes paid 32,723 31
All other payments and expenses 158,923 73
Actual cash expenditures ?1, 132,112 96
Stocks and bonds in statement :
Par value. Market value.
Albany & Susquehanna R. R. stock, guaranteed
7 per cent., at 170 $40,000 00 $68,000 00
New York & Harlem R. R. stock, guaranteed 11
per cent., at 287i 60,000 00 172,500 00
Rensselaer & Saratoga R. R. stock, guaranteed 8
per cent., at 180 50,000 00 90,000 00
New York, Lackawanna & Western R. R. stock,
guaranteed 5 per cent., at 117i 80,000 00 94,000 00
Rome, Watertown & Ogdensburg R. R. stock,
guaranteed 5 per cent., at 118 50,000 00 59,000 00
Oswego & Syracuse R. R. stock, guaranteed 9 per
cent., at 205 20,000 00 41,000 00
Long Island R. R. stock, 4 per cent., at 43 50,000 00 21,500 00
Chicago & Northwestern R. R. stock, 5 per cent.,
at 102 50,000 00 51,000 00
Chicago, Milwaukee & St. Paul R. R. stock, 7 per
cent., at 130 30,000 00 39,000 00
Lake Shore & Michigan Southern R. R. stock,
6 per cent., at 154 20,000 00 30,800 00
Delaware, Lackawanna & Western R. R. stock,
7 per cent., at 158 20,000 00 31,600 00
Consolidated Gas Co. (New York) stock, 8 per
cent., at 138i 30,000 00 41,500 00
Delaware & Hudson Canal Co. stock, 7 per cent.,
at 116 50,000 00 58,000 00
Western Union Telegraph Co. stock, 5 per cent.,
at 83 20,000 00 16,600 00
United States consols, 1907, 4 per cent., at 111. . 100,000 00 111,000 00
Chicago, Burlington & Quincy R. R. bonds (Neb.
ex.), 1927, 4 per cent., at 87i 20,000 00 17,500 00
Erie R. R. bonds, general lien, 1996, 3 and 4 per
cent., at 65 60,000 00 39,000 00
St. Joseph & Grand Island 1st mortgage R. R.
bonds, 1925, 6 per cent., at 48 80,000 00 38,400 00
Atchison, Topeka & Santa Fe R. R. bonds, 1995,
4 per cent., at 79i 20,000 00 15,900 00
246 Williamsburg City Fire Ins. Go. of BrooTclyn, N. Y.
Stocks and bonds in statement — Continued:
Par value. Market value.
Chesapeake & Ohio R. R. bonds, general mort-
gage, 1939, 5 per cent., at 108 20,000 00 21,600 00
New York, Ont. & Western R. R. bonds, con.
mortgage, 1939, 5 per cent., at 108 20,000 00 21,600 00
Northern Pacific R. R. bonds, general mortgage,
1921, 6 per cent., at 112^ 20,000 00 22,500 00
Buffalo, Roch. & Pittsburg R. R. bonds, general
mortgage, 1937, 5 per cent., at 97i 20,000 00 19,500 00
Philadelphia & Reading R. R. bonds, general
mortgage, 1958, 4 per cent., at 80 20,000 00 16,000 00
Western Union Telegraph Co. bonds, con. mort-
gage, 1938, 5 per cent., at 108. 20,000 00 21,600 00
Richmond, Va., city bonds, 1926, 4 per cent.,
at 93f 16,000 00 15,000 00
1986,000 00 ^1,174,100 00
Total amount at risk December 31, 1896 . . . > $195,273,495 00
Business in Maryland in 1896:
Fire risks written in 1896 11,829,450 00
Premiums received 15,473 71
Losses paid 2,781 60
Losses incurred 4,363 23
SWORN STATEMENT FILED IN THIS DEPARTMENT OV THE
WILLIAMSBURG CITY FIRE INSURANCE CO.
OF BROOKLYN, N. Y.
Commenced Business 1853. Capital Stock $250,000.
Marshall S. Uriggs, President. Frederick H. Way, Secretary.
Principal Office, No. 15 Broadway.
Attorney to accept service in Maryland, - - John O'G. Allmand.
General Agents in Maryland, - - Allmand & Gallagher.
Summary of assets December 31, 1896:
Real estate |629,000 00
Loans on mortgage of real estate 295,650 00
Stocks and bonds ow^ned bj'^ the company, market
value 487,745 00
Loans on collaterals 7,400 00
Interest due and accrued 5,942 65
Cash in company's office and in bank 75,252 31
Premiums in course of collection 86,545 07
All other assets as per detailed statement 5,791 54
Total admitted assets $1 ,593,326 57
Wiltiamsburg City Fire Ins. Co. of Brooklyn, N. Y. 247
Assets not admitted in Maryland :
Deposits in various States for the protecl'rm of
policy holders in such States, market value. . . §41,000 00
Liabilities in said States 18,487 94
Surplus over said liabilities $22,512 06
Liabilities :
Losses reported, adjusted and unpaid $ 35,176 52
Ee-iusurance reserve required by law 499,280 81
Cash dividends to stockholders 430 00
Due and accrued for salaries, etc 283 33
Commissions, brokerage, etc 14,279 24
All other liabilities as per detailed statement on
file 5,378 85
Gross liabilities, exclusive of capital $554,828 75
Surplus as regards policy holders 11,038,497 82
Capital stock 250,000 00
Surplus over capital, including surplus of
assets not admitted in this State 1811,009 88
Income during year :
Cash premiums received >, . . $589,738 83
Interest on mortgages 12,670 39
Interest on loans and dividends 27,012 71
From other sources . 9,094 59
Actual cash income $638,516 52
Expenditures during year :
Amount paid for losses $246,297 23
Cash dividends 51,170 00
Commissions and brokerage 137,732 94
Salaries and fees 66,590 20
Taxes paid 6,495 85
All other payments and expenses 41,766 73
Actual cash expenditures $550,052 95
Stocks and bonds in statement:
Par value. Market value.
United States registered 5s of 1904, bonds $ 23,000 00 % 25,530 00
Richmond (Va.) registered 4s of 1920, bonds 13,500 00 13,500 00
Georgia 4i per cent, coupon of 1915, bonds 25,000 00 27,500 00
Brooklyn Union Gas Co. of Brooklyn 5s of 1945,
bonds 9,000 00 9,360 00
248 Williamsburg City Fire Ins. Co. of BrooTdyn, JV. Y.
, Stocks and bonds in statement — Continued :
Par value. Market value.
Brooklyn Eapid Transit Co. of Brooklyn 5s of
1945, bonds |23,000 00 $17,480 00
Long Island Bank of Brooklyn stock 10,000 00 10,000 00
First National Bank of Brooklyn stock 18,400 00 73,600 00
Brooklyn Union Gas Co. of Brooklyn stock. . . . 25,000 00 21,250 00
Edison Electric Illuminating Co. of Brooklyn
stock 10,000 00 9,800 00
Dry Dock, East Broadway & Battery E. R. Co.
of New York stock 20,000 00 32,000 00
Kings County Trust Co. of Brooklyn stock 9,000 00 22,950 00
Brooklyn City R. B. Co. of Brooklyn stock 110,000 00 187,000 00
Brooklyn & New York Ferry Co. stock 12,500 00 22,875 00
Union Ferry Co. of Brooklyn stock 45,000 00 27,000 00
Brooklyn Rapid Transit Co. of Brooklyn stock. . 130,000 00 23,400 00
The Legal Surety Co. of the United States stock. 5,000 00 5,500 00
$488,400 00 1528,745 00
Total amount at risk December 31, 1896 1121,939,167 00
Business in Maryland in 1896 :
Fire risks written in 1896 |434,535 00
Premiums received 4,385 46
Losses paid 4,806 97
Losses incurred 1,193 00
ABSTRACTS D.
Mutual Fire Insurance Companies of Other States.
ABSTRACTS COMPILED FROM
THE ANNUAL STATEMENTS OF THE MUTUAL FIRE INSURANCE
COMPANIES OF OTHER STATES, SHOWING THEIR
CONDITION DECEMBER ^I, i8q6.
Atlas Mutual Fire Insurance Co. of Boston.^ Mass. 25i
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
ATLAS MUTUAL FIRE INSURANCE CO.
OF BOSTON, MASS.
Commenced Business 1892.
John A. Pray, Presidenl. Arthur F. Jones, Secretary _
Principal Office, 2 Mason Building.
Attorney to accept service in Majyland, - - James H. McClellan.
General Agents ill Maryland, - - James H. McClellan.
Summary of assets December .31, 1896 :
Stocks and bonds owned by tbe company, market
value $85,375 00
Interest due and accrued 1,351 33
Cash in company's office and in bank 15,560 18
Premiums in course of collection 24,032 70
All other assets as per detailed statement 1.5,539 36
Total admitted assets $141,858 57
Liabilities :
Losses reported, adjusted and unpaid $10,674 71
Re-insurance reserve required by law 70,603 55
Cash dividends to stockholders unpaid 4,576 84
All other liabilities as per detailed statement on
file 5,674 04
Gross liabilities, exclusive of capital 91,529 14
Surjjlus as regards policy holders $50,329 43
Income daring yea/r :
Cash premiums received $155,967 91
Interest on loans and dividends 3,783 03
From other sources 13,610 04
Actual cash income $173,360 98
Expenditures during year :
Amount paid for losses $143,777 65
Cash dividends 14,455 52
Commissions and brokerage 50,303 00
Salaries and fees 7,945 84
Taxes paid 4,772 52
Actual cash expenditures $221,254 53
252 FarmeTS Mutual Fire Insurance Co. of Delaware.
Stocks and bonds in statement:
Par value. Market value.
United States 4's, registered, 1925 ^50,000 00 |60,000 00
State of Massachusetts 3i gold, 1901 25,000 00 25,375 00
Total $75,000 00 |85,375 00
Total amount at risk December 31, 1896 $9,693,414 00
Business in Maryland in 1896 :
Fire risks written in 1896 $151,740 00
Premiums received 2,447 41
Losses paid 992 23
Losses incurred 1,492 23
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
FARMERS MUTUAL FIRE INSURANCE COMPANY
OF DELAWARE.
Commenced Business 1S39.
William T. Por'ier, President. W. A. La Motte, Secretary.
Principai- Office, Wilmington.
Attorftey to accept service in Maryland, - - - - P. H. Cleaver.
General Agent in Maryland, - - - P. H. Cleaver.
Summary of assets December 31, 1896 :
Real estate % 22,044 74
Loans on mortgage of real estate 46,000 00
Stocks and bonds owned by the company, market
value 160,963 00
Interest due and accrued 1 ,877 46
Cash in company's office and in bank 3,335 35
Premiums in course of collection 94 86
Premium notes $806,'645
Total admitted assets $234,315 41
Liabilities :
Losses reported, adjusted and unpaid $5,941 48
Re-insurance reserve required by law 1,665 47
Premium notes $806,645
All other liabilities as per detailed statement on
file 8,000 00
Gross liabilities, exclusive of capital 15,606 95
Surplus as regards policy holders $218,708 46
FarTners Mutual Fire Insurance Co. of Delawa7'e. 253
Income during year:
Cash premiums received 139,971 35
Interest on mortgages 10,909 46
Actual cash income |50,880 81
Expenditures during year :
Amount paid for losses $15,978 87
Commissions 1,798 24
Salaries and fees 8,141 84
Taxes paid 931 41
Amount of cash paid or returned during the
year to members who have discontinued their
policies 10,952 70
Interest 7,164 08
Actual cash expenditures §44,967 14
Stocks and bonds in statement:
Par value. Market value.
Wilmington City 6 per cent, bonds, at 110 §12,000 00 §13,200 00
Wilmington City 5 per cent, bonds, at 100 15,000 00 15,000 00
New Castle County 4i per cent, bonds, at lOU. . 10,000 00 10,150 00
New Castle Gas 6 per cent, bonds, at 90 2,000 00 1,800 00
New Castle 5 per cent, bonds, at 95 4,000 00 3,800 00
Phila., Wilm. & Balto. R. R. 4 per cent, bonds,
at 102f 12,000 00 12,330 00
Wilmington City Ry. 5 per cent, bonds, at 104. . 5,000 00 5,200 00
Dover Water 4 per cent, bonds, at 100 2,000 00 2,000 00
Lehigh Valley R. R. 6 per cent, bonds, at 114. . . 11,000 00 12,540 00
Reading Coal & Iron 6 per cent, bonds, at 100 . . 10,000 00 10.000 00
Reading Coal & Iron 6 per cent, bonds, at 100 . . 6,000 00 6,000 00
Phila. & Reading Sinking Fund 5 per cent, bonds,
at97i 12,000 00 11,700 00
Lehigh Valley Coal Co. 5 per cent, bonds, at 94^. 5,000 00 4,725 00
144 shares Lehigh Valley R. R. stock, at 31 7,200 00 4,464 00
308 shares Wilm. Coal Gas stock, at 90 15,400 00 27,720 00
272 shares Delaware R. R. stock, at 32 6,800 00 8,704 00
. 57 shares P., W. & B. R. R. stock, at 65 2,850 00 3,705 00
100 shares Little Schuylkill Nav. R. R. & Coal
Co. stock, at 52 5,000 00 5,200 00
50 shares Union Hill & Sch. Haven R. R. stock,
at 54i 2,500 00 2,725 00
§145,750 00 $160,963 00
Total amount at risk December 31, 1896 ! .$9,146,218 00
254 Farmers Fire Insurance Co. of York, Pa.
Business in Maryland in 1896 :
Fire risks written in 1896 $411,580 00
Premiums received 1,713 19
Losses paid 2,242 50
Losses incurred 2,242 50
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
FARMERS FIRE INSURANCE COMPANY
OF YORK, PA.
Commenced Business 1853.
William H. Miller, Pj-esident. David Strickler, Secretary.
Principal Office, York.
Attorttey fo accept service in Maryland, - - Wm. T. Shackelford.
General Agent ill Maryland, - - AVm. T. Shackelford.
Summary of assets December 31, 1896 :
Real estate I 44,200 00
Loans on mortgage of real estate 197,060 00
Stocks and bonds owned by the company, market
value 296,926 50
Loans on collaterals 19,000 00
Interest due and accrued 5,458 05
Cash in company's office and in bank 79,410 97
Premiums in course of collection 41,526 68
All other assets as per detailed statement 77 50
Total admitted assets $683,659 70
Liabilities :
Losses reported, adjusted and unpaid § 26,889 07
Re-insurance reserve required by law 316,556 36
All other liabilities as per detailed statement on
file 16,081 49
Gross liabilities exclusive of capital 359,526 92
Surplus as regards policy holders $324,132 78
Income during year :
Cash premiums received $359,343 90
Interest on mortgages 9,312 88
Interest on loans and dividends 14,621 61
From other sources 2,055 05
Actual cash income $385,333 44
Farmers Fire Insurance Co. of YorTc, Pa. 255
Expenditures during year:
Amount paid for losses $202,195 61
Commissions and brokerage 73,343 57
Salaries and fees 27,241 00
Taxes paid 8,116 65
All other payments and expenses 27,404 58
Actual cash expenditure $338,301 41
Stocks and bonds in statement :
Par value. Market value.
York (Pa.) City bonds,4s $1,000 00 $1,000 00
N. C. E. W. general mortgage bonds, due 1900, 6s 18,000 00 19,260 00
N. C. R. W. general mortgage bonds, due 1925, 4|s 8,000 00 8,560 00
Pennsylvania R. R. bonds, due 1910, 6s 20,000 00 25,800 00
Philadelphia & Erie bonds, due 1920, 5s 15,000 00 17,700 00
Sharaokin, Sunbury & Lewisburg R. R. bonds,
due 1912, 5s 10,000 00 10,000 00
United States registered bonds, due 1907, 4s 35,000 00 38,500 00
Lehigh Valley R. R. con. mortgage bonds, due
1933,4^3 25,000 00 24,750 00
Central Market House bonds, York, Pa., 4s 10,000 00 10,000 00
12 shares capital stock Farmers' National
Bank, York, Pa 1,200 00 1,740 00
50 shares capital stock York County National
Bank, York, Pa 1,000 00 1,650 00
90 shares capital stock First National Bank,
York, Pa 9,000 00 14,850 00
600 shares capital stock York National Bank,
York, Pa 15,000 00 18,600 00
1,461 shares capital stock York Water Co 36,525 00 75,241 50
200 shares capital stock Pennsylvania R. R. Co. 10,000 00 10,300 00
Potomac Valley R. R. bonds, due 1941, 5s 10,000 00 9,300 00
Lehigh Valley coal bonds, due 1933, 5s 10,000 00 9,675 00
$234,725 00 $296,926 50
Total amount at risk December 31, 1896 $49,777,671 00
Business in Maryland in 1896 :
Fire risks written in 1896 $1,500,567 00
Premiums received 16,183 75
Losses paid 10,122 84
Losses incurred 6,690 06
256 Kent County Insurance Go. of Dover, Del.
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
KENT COUNTY INSURANCE COMPANY
OF DOVER, DEL.
Commenced Business 1847.
James Pouder, President. William Denney, Secretary.
Principal Office, Dover.
Attorney to accept service in Matyland, - - William M. Slay.
General Agent in Maryland, - - - Risdin Plummer.
Summary of assets December 31, 1896 :
Real estate |10,869 84
Loans on mortgage of real estate 65,200 00
Stocks and bonds owned by the company, market
value 10,376 37
Interest due and accrued 3,169 55
Cash in company's office and in bank 275 SO
Premium notes $728,461 00
Total admitted assets $89,891 56
LiaMUties :
Losses reported, adjusted and unpaid $3,188 00
Premium notes $728,461 00
All other liabilities as per detailed statement on
file 1,000 00
Gross liabilities, exclusive of capital 4,188 00
Surplus as regards policy holders $85,703 56
Income during year :
Cash premiums received $35,438 88
Interest on mortgages 3,806 39
Received for rents 261 62
From other sources 39 71
Actual cash income $39,546 60
Expendihires during year :
Amount paid for losses â– $9,838 18
Salaries and fees 3,471 08
Taxes paid 37 96
Amount of cash paid or returned during the
year to members who have discontinued their
policies 3,079 97
Interest on borrowed money 3 00
All other payments and expenses 8,141 67
Actual cash expenditures $24,571 86
Millers and. Manufrs. Ins. Go. of Minneapolis^ Minn. 257
Stocks and bonds in statement:
Par value. Market value.
Judgment bonds with personal security |8,635 00 $8,635 00
Endorsed notes 891 37 891 37
Bonds and mortgages, second lien 850 00 850 00
$10,376 37 $10,376 37
Total amount at risk December 31, 1896 $7,799,222 00
Business in Maryland in 1896 :
Fire risks written in 1896 $1,335,858 00
Premiums received , 6,776 67
Losses paid 707 80
Losses incurred 707 80
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MILLERS & MANUFACTURERS INSURANCE CO.
OF MINNEAPOLIS, MINN.
Commenced Business 1S65. Capital Stock $100,000.
C. B. Shove, President. F. S. Danforth, Secretary.
Principal Office, Minneapolis.
Attorney to accept service in Maryland, - William T. Shackelford.
General Agent in Maryland, - - William T. Shackelford,
Summary of assets December 31, 1896 :
Real estate $68,625 00
Loans on mortgage of real estate 41,800 00
Stocks and bonds owned by the company, market
value 53,000 00
Loans on collaterals 16,500 00
Interest due and accrued . . 3,408 25
Cash in company's office and in bank 27,111 14
Premiums in course of collection 19,458 94
Contingent liability and policy obligation 364,084 39
All other assets as per detailed statement 151 91
Total admitted assets $594,139 63
258 Millers and Manufrs. Ins. Go. of Minneapolis, Minn.
Liabilities :
Losses reported, adjusted and unpaid $22,474 14
Ee-insurance reserve required by law 92,624 74
Gross liabilities, exclusive of capital 115,098 88
Surplus as regards policy holders $479,040 75
Capital stock 100,000 00
Surplus over capital, including surplus of
assets not admitted in this State $379,040 75
Income during year :
Cash premiums received $179,285 63
Interest on mortgages 1,051 52
From other sources 3 50
Actual cash income $180,340 65
Expenditures during year :
Amount paid for losses $90,674 93
Cash dividends 17,572 38
Commissions and brokerage 11,310 81
Salaries and fees 18,737 00
Taxes paid 1,334 16
Scrip or ceritficates of profits redeemed in cash . . 5 50
All other payments and expenses , 20,006 76
Actual cash expenditures $159,641 54
Stocks and bonds in statement:
Par value. Market value.
First National Bank, Minneapolis $13,000 00 $13,000 00
Nicollet National Bank, Minneapolis 17,000 00 17,000 00
National Bank of Commerce, Minneapolis 5,000 00 5,000 00
Merchants National Bank, St. Cloud 1,000 00 1,000 00
Globe Fire Insurance Co., N. Y. C 5,000 00 5,000 00
Hardwood Manufacturing Co., Minneapolis 10,000 00 10,000 00
N. W. Consolidated Milling Co. bonds 2,000 00 2,000 00
$53,000 000 $53,000 00
Total amount at risk December 31, 1896 $9,850,540 43
Business in Maryland in 1896 :
Fire risks written in 1896 $358,925 25
Premiums received 6,865 26
Losses paid 668 79
Losses incurred 668 79
ABSTRACTS E.
Foreign Fire & Fire-Marine Insurance Companies.
ABSTRACTS COMPILED FROM
SWORN STATEMENTS OF UNITED STATES BRANCH OFFICES OF FIRE
AND FIRE-MARINE INSURANCE COMPANIES ORGANIZED UNDER
THE LAWS OF FOREIGN GOVERNMENTS, SHOWING THE
CONDITION OF SAID COMPANIES IN UNITED
STATES ON DECEMBER 3 I, I 896.
Aachen and Munich Fire Insurance Co. of Germany. 261
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNITED STATES BRANCH OF THE
AACHEN AND MUNICH FIRE INSURANCE CO.
OF AIX LA CHAPELLE, GERMANY.
Commenced Business 1895.
Weed & Kennedy, Managers.
Principal Office, Hartford, Conn.
Atto7'ney to accept service in Maryland, - - - J. Savage Williams.
General Agent in Maryland, . - - - Williams & Thompson.
Summary of assets December 31, 1896 :
Stocks and bonds ownedby the company, market
value $550,500 00
Cash in company's oifice and in bank 31,215 87
Premiums in course of collection 30,741 12
Bills receivable, not matured, taken for risks. . . 1,093 83
Total admitted assets $613,550 82
Assets not admitted in Mai'yland :
Deposits in various States for the protection of
policy holders in such States, market value. . . $60,000 00
Liabilities in said States 13,819 27
Surplus over said liabilities $46,180 73
Liabilities.
Losses reported, adjusted and unpaid $15,768 57
Re-insurance reserve required by law 75,513 19
Commissions, brokerage, &c 8,816 18
Gross liabilities, exclusive of capital 100,097 94
Surplus as regards policy holders $513,452 88
Surplus over capital, including surplus of
assets not admitted in this State . . .... $559,633 61
Income during year :
Cash premiums received $136,640 04
Interest on loans and dividends 19,867 22
Actual cash income $156,507 26
^62 Atlas Assurande Co. of London, Eng.
Expetiditures during year :
Amount paid for losses $48,264 77
Commissions and brokerage 32,687 16
Salaries and fees 20,179 33
Taxes paid 727 75
All other payments and expenses 12,273 79
Actual cash expenditures .... $114,132 80
Stocks and bonds in statement:
Par value. Market value.
U. S. Gov. 4 per cent, registered bonds $200,000 00 $240,000 00
U. S. Gov. 4 per cent, registered bonds 25,000 00 30,000 00
U. S. Gov. 4 per cent, registered bonds. 50,000 00 60,000 00
Cons, stock of the City of N. Y. dock bonds. . . . 275,000 00 280,500 00
$550,000 00 $610,500 00
Total amount at risk December 31, 1896 $14,228,300 00
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNITED STATES BRANCH OF THE
ATLAS ASSURANCE COMPANY OF
LONDON, ENGLAND.
Commenced Business iSgo.
J. M. Newberger, Manager.
Principal Office, 315 Dearborn Street, Chicago, III.
Attorney to accept service in Maryland, - - - Daniel W. Hopper.
General Agents in Maryland, - - W. T. Hopper & Sons.
Summary of assets December 31, 1896;
Stocks and bonds owned by the company, market
value $832,650 00
Interest due and accrued 8,447 50
Cash in company's office and in bank 76,536 31
Premiums in course of collection , 88,165 60
Total admitted assets |1, 005, 799 41
Liabilities:
Losses reported, adjusted and unpaid $39,548 10
Re-insurance reserve required by law 424,086 10
All other liabilities as per detailed statement on
file 18,508 73
Gross liabilities, exclusive of capital 482,142 93
Surplus as regards policy holders $523,656 48