Actual cash income $2,967,509 78
Travelers Insurance Go. of Connecticut. 395
Expenditures during year:
Amount paid for losses $1,373,936 96
Commissions and brokerage 794,488 92
Salaries and fees 235,567 38
Taxes paid 52,477 60
Rent...*. 26,138 85
Legal expenses 80,608 36
Advertising, printing and stationery 39,568 10
Furniture and fixtures 2,516 39
All other payments and expenses 754,172 00
• Actual cash expenditures $3,357,474 56
Stocks and bonds in statement :
Par value. Market value.
United States bonds, 4 per cent. , 1907 $12,500 00 §13,750 00
Washington State warrants, 6 per cent 2,000 00 2,000 00
Colorado State warrants, 6 per cent 37,282 91 37,282 91
Tennessee State bonds, settlement, 3 per cent.,
1913 23,700 00 18,960 00
Johnson County (111.) bonds, 8 per cent., 1892. . 10,000 00 10,000 00
White County (111.) bonds, 8 per cent., 1892 8,500 00 8,500 00
Lucas County (Ohio) bonds, 4 per cent., 1924-
1944 50,000 00 51,000 00
Hamblen Countj' (Tenn.) bonds, 6 per cent.,
1912 25,000 00 25,000 00
Henderson County (N. C.) bonds, 6 per cent.,
1925 52,000 00 55,900 00
Llano County (Tex.) bonds, 6 per cent., 1907-
1912 62,500 00 63,125 00
Montrose County (Col.) bonds, 6 per cent., 1898-
1908 5,200 00 5,200 00
Mesa County (Col.) bonds, 6 per cent., 1898-1908. 7,000 00 7,000 00
Rio Arriba County (X. M.) bonds, 8 per cent.,
1887-1902 2,200 00 2,200 00
Union County (Ore.) warrants, 8 per cent 1,784 47 1,784 47
Spokane County (Wash.) warrants, 8 per cent. . . 15,600 00 15,600 00
School District No. 7 (Cass County, North Dak.)
bonds, 6 per cent., 1898-1908 23,000 00 23,000 00
School District No. 1 (Montrose County, Col.)
bonds, 10 per cent., 1888-1898 3,500 00 3,500 00
School District No. 81 (Spokane County, Wash.)
warrants, 8 per cent 19,977 18 19,977 IS
Reidsville (N. C.) Town bonds, 6 per cent., 1921. 25,000 00 25,000 00
Howard Township (Kan.) bonds, 8 per cent.,
1910 24,000 00 24,000 00
396 Travelers Insurance Co. of Connecticut.
Stocks and bonds in statement — Continued:
Par value. Market value.
Paw Paw Township (Kan.) bonds, 8 per cent,,
1910 §8,000 00 88,000 00
Parsons (Kan.) City bonds, 6 per cent., 1917. . . . 20,000 00 20,000 00
Lima (Ohio) City bonds, 6 per cent., 1900 16,000 00 16,000 00
Pdchmond (Va.) City bonds, 4 per cent., 1920. . . 30,000 00 29,400 00
Richmond (Va.) City bonds, 4 per cent., 1927. . . 24,000 00 23,520 00
Salisbury (N. C.) City bonds, 5 per cent., 1901-
1921 45,000 00 45,000 00
Fort Worth (Tex.) Citj' bonds, water works, 7
per cent., 1903 16,000 00 17,920 00
Bastrop (Tex.) City bonds, 6 per cent., 1912-1922 15,000 00 15,525 00
Houston (Tex.) City bonds, 6 per cent., 1897-1922 40,000 00 40,000 00
El Paso (Tex.) City bonds, 6 per cent., 1905-1920 25,000 00 26,062 50
Cartersville (Ga.) City bonds, 5 per cent., 1923. . 25,000 00 25,000 00
Dalton (Ga.) City bonds, 6 per cent., 1913 17,500 00 17,675 00
Tacoma (Wash.) City warrants, 8 per cent 16,500 00 16,500 00
Spokane (Wash.) City warrants, 7i per cent 20,000 00 20,000 00
Chicago, Burlington & Quincy R. R. Co. bonds,
4 per cent., 1922 6,000 00 5,640 00
Chicago, Burlington & Quincy R. R. Co. bonds,
convertible, 5 per cent., 1903 11,000 00 11 ,000 00
Chicago, Burlington & Quincy R. R. Co. bonds,
con. mortg. 7 per cent,, 1903 10,000 00 11,850 00
Montana Central R. R. Co. bonds. 6 per cent.,
1937 50,000 00 57,500 00
Indiana & Lake Michigan R. R. Co. bonds, 5 per
cent., 1939 50,000 00 50,000 00
Chicago & Northwestern R. R. Co. bonds, 5 per
cent., 1933 50,000 00 55,500 00
Cleveland, Lorain & Wheeling R. R. Co. bonds,
5 per cent., 1933 50,000 00 51,000 00
Cleveland (Ohio) Electric R. R. Co. bonds, 5 per
cent., 1913 50,000 00 50,750 00
Hartford, Manchester & Rockviile Tramway Co.
bonds, 5 per cent., 1924 10,000 00 10,000 00
New York, New Haven & Hartford R. R. Co.
con. deb. certs., 4 per cent., 1903 62,500 00 85,312 50
Northwestern Telegraph Co. bonds, 7 per cent.,
1904 45,000 00 49,500 00
Galveston Wharf Co. bonds, 5 per cent., 1940 . . 25,000 00 25,000 00
1,200 shares Chicago, Burlington & Quincy R. R.
Co. stock 120,000 00 83,400 00
400 shares Illinois Central R. R. Co. stock 40,000 00 36,800 00
Tra/oelers Insurance Co. of Connecticut. 397
Stocks and bonds in statement — Continued:
Par value. Market value.
4,813 shares Pennsylvania R. R. Co. stock, at
150 $240,650 00 $250,276 00
200 shares Union Pacific R. R. Co. stock 20,000 00' 1,800 00
1,300 shares Chicago, Milwaukee & St. Paul R.
R. Co. stock, preferred 130,000 00 169,650 00
700 shares Chicago, Milwaukee & St. Paul R.
R. Co. stock, common 70,000 00 51,187 50
200 shares Chicago & Northwestern R. R. Co.
stock, preferred 20,000 00 30,250 00
266 shares Chicago & Alton R. R.. Co. stock,
common 26,600 00 42,560 00
100 shares Illinois Central R. R. Co. .stock, 4
per cent., leased line 10,000 00 9,000 00
400 shares Oswego & Syracuse R. R. Co. stock,
at §50 20,000 00 40,600 00
500 shares Central R. R. Co. of New Jersey
stock 50,000 00 50,250 00
250 shares Delaware & Hudson Canal Co. stock. 25,000 00 29,900 00
368 shares Farmers & Mechanics National Bank
stock, Hartford, Conn 36,800 00 41,584 00
700 shares American National Bank stock,
(Hartford, Conn.), at $50 35,000 00 49,700 00
491 shares City National Bank stock, Hartford,
Conn 49,100 00 50,573 00
817 shares Phosnix National Bank stock, Hart-
ford, Conn 81,700 00 100,49100
348 shares ^Etna National Bank stock, Hart-
ford, Conn 34,800 00 50,808 00
200 shares Mercantile National Bank stock,
Hartford, Conn 20,000 00 1 3,400 00
140 shares New Britain National Bank stock,
New Britain, Conn 14,000 00 22,400 00
400 shares Home National Bank stock, Meri-
den. Conn 40,000 00 49,200 00
50 shares Meriden National Bank stock, Meri-
den. Conn 5,000 00 5,650 00
30 shares First National Bank stock, Meriden,
Conn 3,000 00 3,750 00
100 shares National Bank of Commerce stock,
New York, N. Y 10,000 00 20,000 00
730 shares National Shoe & Leather Bank stock.
New York, N. Y 73,000 00 67,890 00
100 shares St. Paul National Bank stock, St.
Paul, Minn 10,000 00 6,500 00
398
Travelers Insurance Co. of ConneGticut.
Stocks and bonds in statement — Continued:
Par volute. Market value.
â– 500 shares Hartford Trust Co. stock, Hartford,
Conn $50,000 00 $74,000 00
2,000 shares Western Union Telegraph Co. stock. 200,000 00 166,250 00
2,000 shares Northwestern Telegraph Co. stock,
at $50 100,000 00 110,000 00
2,142 shares Colorado Valley (Col.) Land Co.
stock, Denver, Col 214,200 00 214,200 00
$2,897,094 56 $3,037,604 06
Total amount at risk December 31, 1896 $354,213,657 00
Eisks written.
Business in Maryland in 1896:
) Accident $6,403,750 00
) Employers' liability 330,000 00
5,733,750 00
Premiums received.
Losses paid
Losses incurred.
) Accident $25,034 70
) Employers' liability 1,665 06
$26,699 76
} Accident
) Employers' liability
1,203 17
t,203 17
} Accident $10,703 17
5 Employers' liability
$10,703 17
Union Casualty and Surety Go. of Missouri. 399
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNION CASUALTY AND SURETY COMPANY
OF MISSOURI.
Commenced Business 1893. Capital Stock, $250,000.
C. P. Ellerbe, President. O. K. Clardy, Secretary.
Principal Office, Wainright Building, St. Louis, Mo.
Attorney to accept service in Maryland, - - - - J. G. Cloud.
General Agent in Maryland, . . . J. G. Cloud.
Summary of assets December 31, 1896:
Loans on mortgage of real estate §202,937 50
Stocks and bonds owned by the company, market
value 295,010 00
Interest due and accrued 2,648 51
Cash in company's office and in bank 32,903 35
Premitims in course of collection 182,386 50
Total admitted assets §715,885 86
Liabilities :
Losses reported, adjusted and unpaid % 96,663 00
Re-insurance reserve required by law 327,677 01
Due and accrued for salaries 834 50
Gross liabilities, exclusive of capital $425,174 51
Surplus as regards policy holders $290,711 35
Capital stock 250,000 00
Surplus over capital, including surplus of
assets not admitted in this State ' §40,711 35
Income during year :
Cash premiums received §913,321 92
Interest on mortgages 11,873 29
Interest on loans and dividends 12,381 65
Interest upon other debts due the company 99 02
Actual cash income $937,685 88
Expenditures during year :
Amount paid for losses $533,872 95
Commissions and brokerage 280,720 34
Salaries and fees 72,372 67
Taxes paid 18,644 85
Rent 4,625 92
Legal expenses 7,649 39
Advertising, printing and stationery 11,046 41
All other payments and expenses 38,398 49
Actual cash expenditures $967,331 02
400 Union Casualty and Surety Go. of Missouri.
Stocks and ionds in statement:
Par value. Market value.
Laclede Building Co., 1st mortgage, 6 per cent.. $ 7,000 00$ 7,000 00
140 St. Louis City gold bonds, $1,000.00 denomi-
nation, 3.65 per cent. 140,000 00 142,800 00
220 St. Louis City gold bonds, $500.00 denomi-
nation, 3.65 per cent 110,000 00 112,200 00
Union Depot Railroad Co., St. Louis, 6 per cent. 21,000 00 22,890 00
St. Louis Brewing Association, 6 per cent 10,000 00 10,000 00
St. Louis United Elevator Co., 1st mortg. (Trust
Co. certificate), 6 per cent 120 00 120 00
$288,120 00 $295,010 00
Total amount at risk December 31, 1896 $85,802,360 57
Business in Maryland in 1896 :
f Accident " $284,500 00
I Employers' liability 422,500 00
Risks written \ p^^^^ ^^^^^ 32^QQg qq
'l^ Steam boiler 136,500 00
$875,505 00
f Accident $ 1,220 33
I Employers' liability 8,078 52
Premiums received \ p^^^^ g^^^g j^^g^ -^^
1 Steam boiler 657 17
$11,710 19
r Accident $ 353 97
Losses paid <1 Employers' liability 4,407 21
[ Plate glass 136 50
1,897 68
r Accident $ 353 97
Losses incurred \ Employers' liability 4,407 21
y Plate glass 136 50
$4,897 68
United States Casualty Instirance Co. of New York. 401
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNITED STATES CASUALTY INSURANCE CO.
OF NEW YORK.
«
Commenced Business 1895. Capital Stock f 300,000.
Benjamin F. Tracy, President. Chares S. Fairchii.d, Secretary.
Principal Office, Nos. 35 and 37 Nassau Street.
Attor?tey to accept service in Maryland, - - A. Kirkland Weeks.
General Agent in Maryland, - - A. Kirkland Weeks.
Summary of assets December 31, 1896 :
Loans on mortgage of real estate % 1,575 00
Stocks and bonds owned by the company, market
value 490,691 56
Interest due and accrued 3,081 85
Cash in company's oflSce and in bank 40,549 02
Premiums in course of collection . . 87,608 59
All other assets as per detailed statement 81 94
Total admitted assets $623,587 96
Assets not admitted in Maryland :
Deposits in various States for the protection of
policy holders in such States, market value. . . $17,137 50
Liabilities in said States 4,063 24
Surplus over said liabilities 13,074 26
t
Liabilities:
Losses reported, adjusted and unpaid % 53,957 21
Reinsurance reserve required by law 247,350 75
All other liabilities as per detailed statement on
file 2,249 78
Gross liabilities, exclusive of capital $303,557 74
Surplus as regards policy holders $320,030 22
Capital stock 300,000 00
Surplus over capital, including surplus of
assets not admitted in this State $33,104 48
Income during year :
Cash premiums received $576,345 15
Interest on loans and dividends 16,121 47
Profit on securities actually sold during the year
over cost 53,300 00
From other sources 2 80
Actual cash income , $645,769 42
402 United States Casualty Insurance Co. of New YorTi.
Expenditures during year :
Amount paid for losses $218,765 89
Commissions and brokerage 143,034 77
Salaries and fees 135,706 45
Taxes paid 8,467 26
Eent 12,333 31
Legal expenses 8,432 20
Advertising, printing and stationery 30,836 41
All other paj'ments and expenses 22,358 70
Actual cash expenditures $579,934 49
Stocks and bonds in statement :
Par value. Market value.
United States registered 5 per cent, bonds $ 15,000 00 $ 17,137 00
United States coupon 4 per cent, bonds 195,000 00 234,000 00
Consolidated stock of City of New York, 2\ per
cent, registered 283,000 00 256,316 56
$493,000 00 $507,454 00
Total amount at risk December 31, 1896 $192,176,940 00
Business in Maryland in 1896 :
f Accident $7,890,000 00
„. , .,, ! Burglary 79,700 00
Risks written ■{ '^ •' „\„„ „„
j Employers' liability 20,000 00
[^ Steam boiler 35,000 00
r Accident.
J Burglary.
I Employei
l^ Steam boiler
-n â– -A Burglary
Premiums received \
I Employers' liability
, . J ( Accident
Losses paid <
( Emplo3'ers' liability.
Losses incurred
j Accident
Employers' liability
$8,024,700 00
$7,884 11
177 90
185 33
122 50
$8,369 84
$4,490 40
46 00
$4,536 40
$1,787 40
106 00
$1,893 40
United States Fidelity and Guaranty Go. of Maryland. 403
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNITED STATES FIDELITY AND GUARANTY CO.
OF MARYLAND.
Commenced Business 1896. Capital Stock $261,200.
Frank Brown, Presidetit. Alexander P. Knapp, Secretary.
Principal Office, Calvert and German Streets.
Summary of assets December 31, 1896 :
Loans on mortgage of real estate | 54,003 80
Stocks and bonds owned by the company, market
value 201,387 50
Interest due and accrued 188 54
Cash in company's oflSce and in bank 22,781 23
Premiums in course of collection 3,059 81
Total admitted assets |281,420 88
Assets not admitted in Maryland:
Furniture and fixtures % 4,054 92
Bills receivable 188 54
Liabilities :
Re-insurance reserve required by law $3,303 26
All other liabilities as per detailed statement on
file 9,802 30
Gross liabilities, exclusive of capital 13,105 56
Surplus as regards policy holders $268,315 32
Capital stock 261,200 00
Surplus over capital, including surplus of
assets not admitted in this State $11,358 78
Inco7ne during year :
Cash premiums received $ 3,029 81
Interest on collateral loans and bank balances. . 764 20
Interest on loans and dividends 2,791 50
From other sources 23,802 30
Actual cash income $291,587 81
404 United States Fidelity and Guaranty Go. of Maryland.
Expenditures during year :
Commissions and brokerage
Salaries and fees
Taxes paid
Legal expenses
Advertising, printing and stationery
All other payments and expenses
Actual cash expenditures
Stocks and bonds in statement.
Par value. Market value.
Baltimore City S^s, 1940 $ 87,500 00 $92,093 75
Baltimore City 3^8, 1927 , 52,500 00 51,843 75
United States government 2s 60,000 00 57,450 00
I 168 00
4,839 27
1,907 04
1,627 73
2,444 55
1,575 23
$12,561 82
,000 00 $201,387 50
Total amount at risk December 31, 1896 $1,626,293 33
Business in Maryland in 1896 :
(Fidelity $603,015 00
Risks written -J ^ , •' .„„ ,^^ ^^
( Surety 433,450 00
$1,036,465 00
^ . . , (Fidelity $2,332 19
Premiums received < ^ , ,-,„^,„
(Surety 1,187 12
$3,519 31
ABSTRACTS G.
Maryland Life Insurance Companies*
ABSTRACTS COMPILED FROM
THE ANNUAL STATEMENTS OF THE LIFE INSURANCE COMPANIES
ORGANIZED UNDER THE LAWS OF THE STATE OF
MARYLAND, SHOWING THEIR CONDITION
DECEMBER 3I, 1896.
Maryland Life Insurance Co. of Maryland. 407
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MARYLAND LIFE INSURANCE COMPANY
OF MARYLAND.
Commenced Business 1S65. Capital Stock $100,000.
William H. Blackford, President. Clayton C. Hall, Secretary.
Principal Office, Nos. S and 10 South St., Baltimore, Md.
Summary of assets December 31, 1896 :
Real estate $216,000 00
Loans on mortgage of real estate 311,791 21
Stocks and bonds owned by the company, market
value 1,070,488 00
Loans on collaterals 20,000 00
Interest due and accrued 11,721 13
Cash in company's office and in bank 62,460 24
Premiums in course of collection 23,389 89
Loans on company's policies 32,550 00
Premium notes 23,623 11
All other assets as per detailed statement 4,050 16
Total admitted assets §1,776,073 74
Assets not admitted in Maryland :
Deposits in A-arious States for the protection of
policy holders in such States, market value. . . §10,296 00
10,296 00
Total assets $1,786,369 74
Liabilities :
Losses reported, adjusted and unpaid $8,443 25
Re-insurance reserve required by law 1,424,627 00
Unpaid dividends due policy holders 4,828 36
Premiums paid in advance 1,501 50
All other liabilities as per detailed statement on
file 709 28
Gross liabilities, exclusive of capital 1,440,109 39
Surplus as regards policy holders .'. $346,260 35
Income durinrj year:
Cash premiums received $189,301 04
Interest on mortgages. 20,397 16
Interest on loans and dividends 51,154 20
Interest on other debts due the company 3,911 03
Rents 7,647 03
From other sources 11,942 50
Actual cash income $284,352 96
408 Maryland Life Insurance Co. of Maryland.
Expenditures during year :
Amount paid for losses $127,251
Cash dividends
Commissions and brokerage
Salaries and fees
Taxes paid
Rent
Advertising, printing, stationery and postage..
Legal expenses
Cash paid stockholders for interest or dividend.
All other payments and expenses 18,803 25
36,997
12
19,997
96
32,821
14
5,746 47
480
28
2,873
72
1,012
98
6,000 00
18,803 25
$251,984 78
Actual cash expenditures
Exhibit of policies:
No. Amount.
In force December 31, 1895 2,936 |6,280,035 00
New policies issued 584 949,741 00
Old policies revived 4 13,000 00
Totals 3,524 $7,242,776 00
Terminated in 1896 382 769,544 00
In force December 31, 1896 3,142 $6,473,232 00
Policies re-insured 107 $274,000 00
Business in Maryland in 1896 :
In force December 31, 1895 1,082 $2,779,193 00
New policies issued 103 263,624 00
Totals 1,185 $3,042,817 00
Terminated in 1896 68 175,656 00
In force December 31, 1896 1,117 $2,867,161 00
Premiums received $93,000 00
Losses paid 80,818 39
Losses incurred 66,992 97
Mutual Life Insurance Co. of Baltimore, Md. 409
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MUTUAL LIFE INSURANCE COMPANY
OF BALTIMORE, MD.
Commenced Business 1870.
Benjamin G. Harris, President. Henry Roth, Secretary.
Principal Office, No. 2 South Holliday Street.
Summary of assets December 31, 1896 :
Eeal estate $42,578 25
Loans on mortgage of real estate 31,500 00
Stocks and bonds owned by the company, market
value 18,225 00
Interest due and accrued 4,662 98
Cash in company's office and in bank 48,868 62
Premiums in course of collection 32,729 74
Premium notes â– 20,891 36
All other assets, as per detailed statement 70 00
Total admitted assets |197,525 95
LiaMUties:
Losses reported, adjusted and unpaid $ 6,708 00
Re-insurance reserve required by law 172,859 37
All other liabilities, as per detailed statement on
file 640 00
Gross liabilities, exclusive of capital 180,207 37
Surplus as regards policy holders $19,318 58
Income during year :
Cash premiums received $93,470 50
Interest on mortgages } _ .. ^_ 09
Interest on loans and dividends )
Rents 225 00
From other sources 507 68
Actual cash income $101,358 50
Expenditures during year :
Amount paid for losses. . , $33,492 34
Cash paid to annuitants 20,214 89
Commissions and brokerage 24,606 44
Salaries and fees 11,623 22
Taxes paid 349 13
Surrender values paid in cash 1,205 45
Cash paid for interest 402 60
Rent 1,283 30
Advertising and printing 478 74
All other payments and expenses 1,011 76
Actual cash expenditures $94,667 87
410 Immediate Benefit Life Insurance Co. of Baltimore.
Exhibit of policies:
No. Amount.
Id force December 31, 1895 12,149 ?1, 805,304 13
New policies issued 9,013 788,109 48
Old policies revived 1 100 00
Total 21,163 $2,593,513 61
Terminated in 1896 7,482 849,722 78
In force December 31, 1896 13,681 |1, 743,790 83
Policies re-insured 1 2,500 00
Premiums received $93,470 50
Losses paid 32,192 34
Losses incurred 34,600 34
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
IMMEDIATE BENEFIT LIFE INSURANCE CO.
OF BALTIMORE.
Commenced Business 1897. Capital Stock $15,000.
M. Rothschild, President. E. E. MacKenzie, Secretary.
Principal Office, No. 900 N. Eutaw Street, Baltimore.
Summary of assets January 12, 1897."
Stocks and bonds owned by the company, market
value $10,000 00
Cash in Company's office and in bank 2,000 00
Stock subscribed but unpaid 3,000 00
Total admitted assets $15,000 00
Stocks and bonds in statement:
Par value. Market value.
Baltimore City stock $9,400 00 $10,000 00
^'
f
ABSTRACTS H.
Life Insurance Companies of Other States
AUTHORIZED TO DO BUSINESS IN MARYLAND IN 1 886.
ABSTRACTS COMPILED FROM
THEIR ANNUAL STATEMENTS, SHOWING THEIR CONDITION
DECEMBER 3I, 1896.
v> r f
jEtna Life Insurance Go. of Connecticut. 413
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
/ETNA LIFE INSURANCE COMPANY
OF CONNECTICUT.
Commenced Business 1S50. Capital Stock $1,750,000.
Morgan G. Bulkeley, President. J. L. English, Secretary.
Principal Office, No. 21S Main St., Hartford, Conn.
Attorney to accept service in Maryland., - - - - H. B. Meigs.
General Agents ifi Maryland, - - H. B. Meigs & Co.
Summary of assets December 31, 1896 :
Keal estate $486,348 25
Loans on mortgage of real estate 25,200,422 44
Stocks and bonds owned by the company,
market value 13,098,198 16
Loans on collaterals 422,672 65
Interest due and accrued 1,148,652 61
Cash in company's office and in bank 2,768,279 30
Premiums in course of collection 380,013 25
Premium notes in force 660,778 17
Loans on company's policies 1,058,715 00
Total admitted assets $45,224,079 83
Less agents credit balances 15,361 68
Assets not admitted in Maryland:
Deposit in Canada $294,200 00
Deposit in Virginia 54,354 00
),208,718 15
$348,554 00
,557,272 15
Liabilities :
Losses reported, adjusted and unpaid $218,244 00
Re-insurance reserve required by law 37,816,865 00
Commissions due to agents 392 54
Unpaid dividends 591,884 27
Premiums paid in advance 8,352 79
Total liabilities, accident department 201,535 87
All other liabilities as per detailed statement
on file 8,495 43
Gross liabilities, exclusive of capital. . $38,845,769 00
* Surplus as regards policy holders $6,711,502 25
* Assets, liabilities and surplus include both Ufe and accident business, the
balance of statement is life alone.
414 ^tna Life Insurance Go. of Connecticut.
Income during year :
Cash premiums received 15,216,350 48
Interest on mortgages 1,445,559 92
Interest on loans and dividends 808,721 56
From discount on claims paid in advance. . . 3,044 75
Rent 21,150 82
From otlier sources 29,880 70
Actual cash income $7,524,708 23
Expenditures during year:
Amount paid for losses 12,929,840 61
Cash dividends and other payments to policy
holders 1,399,052 85
Commissions and brokerage 614,922 18
Salaries and fees 188,765 62
Taxes paid 137,738 64
Cash paid stockholders for interest or divi-
dends 175,000 00
Rent 27,087 15
Advertising, printing, stationery and postage. 67,249 33
All other payments and expenses r . 53,224 23
Actual cash expenditure $5,592,880 61
Exhibit of policies:
No. Amount.
In force December 31, 1895 85,368 $140,027,260 94
New policies issued ' 10,586 21,577,940 00
Old policies revived 96 284,508 00
Endowment changed to term 246 480,500 00
Total '. 96,296 $162,370,208 94
Terminated in 1896 8,638 16,734,268 00
In force December 31, 1896 87,658 $145,635,940 94
Business in Maryland in 1896 :
In force December 31, 1895. 1,691 $3,242,297 00
New policies issued 385 951,823 00
Total 2,076 $4,194,130 00
Terminated 1896 208 475,139 00
In force December 31, 1896 1,868 3,718,991 00
Premiums received $163,725 20
Losses paid 70,474 98
Losses incurred 69,946 00
American Union Life Instirance Co. of Nevj York. 415
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
AMERICAN UNION LIFE INSURANCE COMPANY
OF NEW YORK.
Commenced Business 1894. Capital Stock $500,000.
M. M. Belding, President. John Napier, Secretary.
PKiNCirAL Office, No. 44 Cedar St., New York City.
Attorney to accept service in Maryland, - - - - J. H. Ireland.
General A^ent in Maryla7td^ _ . . - J. H. Ireland.