Third National Bank stock, 95 2,000 00 1 ,900 00
Merchants National Bank stock, 145 4,000 00 5,800 00
Old Tovm Fire Insurance Go. of Baltimore, Md. 29
Stocks and bonds in statement — Continued:
Pa>- value. Market value,
National Mechanics Bank stock, IT*. $4,250 00 §7,437 50
National Bank of Baltimore stock, 141 2,500 00 3,525 00
National Farmers and Planters Bank stock, 45. . 2,000 00 3,600 00
Citizens National Bank stock, 21 2,500 00 5,250 00
$91,750 00 $106,967 50
Total amount at risk December 31, 1896 $4,853,743 00
Business in Marylavd in 1896 :
Fire risks written in 1896 §2,098,578 00
Premiums received 15,970 09
Losses paid 6,148 84
Losses incurred 6,148 84
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
OLD TOWN FIRE INSURANCE COMPANY
OF BALTIMORE, MD.
Commenced Business iSSs. Capital Stock $100,000.
Charles W. Hatter, President. James M. Warwick, Secretary.
Principal Office, Xo. 356 North Gay Street.
Summary of assets December 31, 1896 :
Eeal estate I 3,336 93
Loans on mortgage of real estate 49,357 49
Stocks and bonds owned by the company, market
value 66,838 70
Loans on collaterals 12,000 00
Interest due and accrued 2,463 78
Cash in company's office and in bank 1,451 66
Premiums in course of collection 695 89
All other assets as per detailed statement 85 33
Total admitted assets §136,229 78
Liabilities :
Losses reported, adjusted and unpaid § 40 00
Re-insurance reserve recjuired hy law 8,188 20
Gross liabilities, exclusive of capital 8,228 20
Surplus as regards policy holders §128,001 58
Capital stock 100,000 00
Surplus over capital, including surplus of
assets not admitted in this State §28,001 58
Old Toirn Fire T/uirrance Co. of Baltir/Kxre. Md.
Income d.uring year :
Cash premiums received $7,496 22
Interest on mortgages 2,710 11
Interest on loans and dividends 2,833 55
From other sources 860 17
Actual cash income $13,900 05
Expenditures during year :
Amount paid for losses $3,090 41
Cash dividends 6,000 00
Commissions and brokerage . 592 20
Salaries and fees 3,432 00
Taxes paid 830 01
All other payments and expenses 844 78
Actual cash expenditures $14,789 40
Stocks and hands in statement:
Par value. Market value.
40 shares German Fire Insurance Co. stock ... $ 400 00 $ 793 75
100 shares Baltimore Fire Insurance Co. stock. . 1,000 00 2,270 00
100 shares Home Fire Insurance Co. stock 1,000 00 1,600 00
100 shares Associated Firemens Ins. Co. stock . . 5O0 00 647 05
50 shares National Bank of Baltimore stock . . . 5,000 00 7,238 50
100 shares Union Nat. Bank of Maryland stock. 7,500 00 8,098 60
200 shares National Howard Bank stock 2,000 00 2,098 80
.50 shares Merchants National Bank stock 5,000 00 7,290 00
9 shares German American Bank stock 900 00 1,055 00
1,50 shares Western National Bank stock 3,000 00 5,741 50
220 shares Nat. Farmers and Planters B'k stock. 5,500 00 10,326 50
30 shares Equitable National Bank stock 3,000 00 2,919 00
100 shares Farmers and Merchants Nat. B'k stock 4,000 00 6,050 00
15 shares National Exchange Bank stock 1,500 00 1,940 00
50 shares Com. and Farmers Nat. Bank stock. . 5,000 00 6,200 00
100 shares Old Town Bank stock ' 1,300 00 2,570 00
$46,600 00 $66,838 70
Total amount at risk December 31. 1896 $2,592,857 00
Business in Maryland in 1896 :
Fire risks written in 1896 $1,629,469 GO
Premiums received 8,8o8 14
Losses paid 3,090 41
Losses incurred 1,090 41
Peabody Fire Itisurance Co. of Baltimore, Md. 31
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
PEABODY FIRE INSURANCE COMPANY
OF BALTIMORE, MD.
Commenced Business 1S62. Capital Stock $127,500.
Thomas I. Carey, President Richard B. Post, Secretary.
Principal Office, No. 415 Water Street.
Summary of assets December 31, 1896:
Real estate $ 35,228 44
Stocks and bonds owned by the company, market
value 388,298 00
Cash in company's office and in bank 10,844 03
Premiums in course of collection 1,654 99
All other assets as per detailed statement 501 41
Total admitted assets $436,526 87
Liabilities:
Loss reported, adjusted and unpaid $ 1.000 00
Re-insurance reserve required by law 26,790 64
Gross liabilities, exclusive of capital 27,790 64
Surplus as regards policy holders S408.736 23
Capital stock 127,500 00
Surplus over capital, including surplus of
assets not admitted in this State $281,236 23
Income during year :
Cash premiums received $22,613 65
Interest on loans and dividends 18,068 48
From other sources 2,674 92
Actual cash income $43,357 05
E.vpenditures during year :
Amount paid for losses $ 3,911 28
Cash dividends 13,800 43
Commissions and brokerage 2,502 01
Salaries and fees 7,599 96
Taxes paid 3,146 19
All other payments and expenses 3,551 32
Actual cash expenditures $34,511 19
32 Pecihody Fire Insurance Co. of Baltimore.^ Md.
Stocks ayid bonds in statement :
Par value. Market value.
Baltimore & Ohio 2d preferred stock §25,000 00 §6,250 00
Consolidated Gas Companj^ bonds 25,000 00 29,000 00
Xorthern Pacific 1st mortgage bonds 24,000 00 27,600 00
Cleveland, Columbus, Cin. & Ind. bonds ' 10,000 00 10,500 00
Baltimore & Ohio Car Trust bonds 9,000 00 9,000 00
Georgia Pacific R. E. 1st mortgage bonds 12,000 00 13,560 00
Wisconsin Central R. R. bonds 15,000 00 5,850 00
Western Union Telegraph Company bonds 13,000 00 13,845 00
Baltimore & Ohio Southwestern R. R. bonds 19,000 00 19,000 00
Georgia, Carolina & Northern R. R. bonds 12,000 00 9,600 00
Sioux City Terminal bonds 12,000 00 6,133 00
Chicago, Rock Island & Pacific R. R. bonds 20,000 00 12,510 00
Columbus, Ga., water bonds 15,000 00 7,576 00
N. Y., Susquehanna & Western R. R. bonds 10,000 00 10,100 00
Staten Island Rapid Transit R. R. bonds 10,000 00 7,100 00
40 shares Nat. Farmers and Planters Bank stock. 1,838 00 1,840 00
Virginia Midland R. R. .(5 series) bonds 43,000 00 43,860 00
Phila., Wilmington & Baltimore R. R. bonds. . . 18,000 00 18,360 00
Texas Pacific R. R. 2d mortgage bonds 6,000 00 567 00
Norfolk & Carolina R R. bonds 5,000 00 5,400 00
Newark, Somerset & Straitsville R. R. bonds 3,000 00 1,514 00
Chicago, Burlington & Quincy R. R. bonds. 20,000 00 20,100 00
Wabash R. R. first mortgage bonds 10,000 00 10,625 00
Akron & Chicago Junction R. R. bonds 11,000 00 8,800 00
Baltimore Belt Line R. R. bonds 6,000 00 5,550 00
Central Railway Company bonds 11,000 00 12,350 00
Washington City and Point Lookout bonds 6,000 00 3,187 00
National Water Supply Company 10,643 00 7,983 00
Union Pacific, Denver & Gulf R. R. bonds 10,000 00 3,550 00
Texas Pacific R. R. 1st mortgage bonds 6,000 00 6,360 00
North Pacific R. R. 5 per cent, bonds 6,000 00 3,240 00
New York, Ontario & Western R. R. bonds 6,000 00 6,480 00
City & Suburban Ry. Co. bonds 16,000 00 17,760 00
40 shares of stock First Nat. Bank of Baltimore. 4,820 00 5,000 00
53 shares of stock Com. and Farmers Bank 6,651 00 6,466 00
Metropolitan Ry. Co. bonds 5,000 00 5,512 00
6 shares of stock Southern R. R. preferred ISO 00 180 00
Baltimore & Ohio R. R. receivers certificates 6,000 00 6,020 00
$449,132 00 1388,298 00
Total amount at risk December 31, 1896 $5,532,381 00
Business in Mart/land in 1896 :
Fire risks written in 1896 $2,793,882 00
Premiums received 21,432 95
Losses paid 3,856 64
Losses incurred , 1,608 81
ABSTRACTS B.
Mutual Fire Insurance Companies of Maryland.
ABSTRACTS COMPILED FROM THE
ANNUAL STATEMENTS OF THE MUTUAL FIRE INSURANCE COM-
PANIES OF THE STATE OF MARYLAND, SHOWING
THEIR CONDITION DECEMBER 3I, 1896.
Farmers and Mech. Mut. Fire Ins. Co. of Cecil Co., Md. 35
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
FARMERS AND MECHANICS MUT. FIRE IXS. CO.
OF CECIL COUNTY, MD.
Commenced Business 1S76.
Alfred Kirk, Presidetit. Samuel G. Bye, Secretary.
Principal Office, Fair Hill.
Liabilities :
Losses reported, adjusted and unpaid $1,557 50
Gross liabilities, exclusive of capital $1,557 50
Income during year :
Cash premiums received $ 215 00
Amount received for assessments 3,720 36
Actual cash, income $8,935 36
Expenditures during year :
Amount paid for losses $2,654 85
Salaries and fees 786 77
All other payments and expenses 453 74
Actual cash expenditures $3,895 36
Total amount at risk December 31, 1896 $2,897,198 81
Business in Maryland in 1896 :
Fire risks written in 1896 $335,146 76
Premiums received 215 00
Losses paid 2,654 85
Losses incurred 4,212 35
36 Far. Mut. Fire Ins. Co. of Dug Hill, Carroll Co., Md.
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
FARMERS MUTUAL FIRE INSURANCE COMPANY
OF DUG HILL, CARROLL CO., MD.
Commenced Business 1870.
P. H. L. Myers, President. John R. Strevig, Secretary.
Principal Office, Manchester.
Summary of assets December 31, 1896:
Real estate $500 00
Cash in company's oflSce and in bank 672 52
Premium notes §312,549 95
All other assets as per detailed statement 405 94
Total admitted assets §1,578 46
Assets not admitted in Maryland:
Office furniture and safe $50 00
Liaiilities:
Losses reported, adjusted and unpaid $1)410 00
Borrowed money 3,250 00
Salaries 368 00
Premium notes $312,549 95
All other liabilities as per detailed statement on
file 97 89
Gross liabilities, exclusive of capital $5,125 89
Income during year:
Cash premiums received $ 112 77
Assessments 8,686 25
From other sources 5,895 60
Actual cash income ...... $14,694 62
Expenditures during year:
Amount paid for losses $8,182 30
Amount paid for interest on borrowed money. . . 142 67
Salaries and fees 542 47
Amount paid for borrowed money 5,100 00
Cash returned to members for erroneous assess-
ments 1 00
All other payments and expenses 477 96
Actual cash expenditures $14,446 40
Total amount at risk December 31, 1896 $3,878,676 00
Frederick Co. Mut. Fire Ins. Co. of Frederick, Md. 3?
Business in Maryland, in 1896 :
Fire risks written in 1896 $541,754 00
Premiums received 112 77
Losses paid 8,182 30
Losses incurred 7,181 29
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
FREDERICK COUNTY MUTUAL FIRE INS. CO.
OF FREDERICK, MD.
Commenced Business 1869.
William C. Birely, President. H. Clay Hull, Secretary.
Principal Office, Frederick.
Summary of assets Decemler 31, 1896 :
Cash in company's office and in bank $650 01
Premium notes $196,222 52
All other assets as per detailed statement 601 02
Total admitted assets |1,251 03
Assets not admitted in Maryland :
Office furniture and safe $75 00
LiaMUiies :
Premium notes $196,222 52
Surplus as regards policy holders $1,251 03
Income during year :
Cash premiums received $1,897 09
Interest on mortgages, bonds, real estate 169 16
Amount received for assessments 6,177 38
From other sources 5,373 50
Actual cash income $13,617 13
Expenditures during year :
Amount paid for losses $12,054 04
Amount paid for interest on borrowed money . . 29 68
Salaries and fees 688 00
Amount paid during the year for rent 50 00
Cash returned to members who have discontinued
their policies 31 54
All other payments and expenses 248 82
Actual cash expenditure $13,102 08
Total amount at risk December 31, 1896 $1,133,889 25
38 Grangers Mut. Fire Ins. Co. of Frederick Co., Md.
Business in Maryland in 1896 :
Fire risks written in 1896 $167,450 00
Premiums received 1,798 69
Losses paid 12,054 04
Losses incurred 7,490 04
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
GRANGERS MUTUAL FIRE INSURANCE COMPANY
OF FREDERICK COUNTY, MD.
Commenced Business 1876.
George T. Whip, Presidettt. Herman L. Routzahn, Secretary.
Principal Office, Middletown.
Summary of assets December 31, 1896 :
Cash in company's office and in bank $159 59
Premiums in course of collection 135 28
Premium notes $463,013 14
Total admitted assets $294 87
Liabilities :
Losses reported, adjusted and unpaid $1,530 00
Borrowed money ... 200 00
Premium notes $463,013 14
Gross liabilities, exclusive of capital $1,730 00
Income during year
Cash received for assessments
Cash received for rent
Borrowed money
From other sources
$13,427 45
2 00
200 00
13 92
Actual cash income $13,643 37
Expenditures during year :
Amount paid for losses $3,799 44
Amount paid for rent
Salaries and fees
Interest paid on borrowed money
Borrowed money paid
All other payments and expenses ,
Actual cash expenditures $13,889 73
140 00
1,266
00
71
02
8,250 00
363
27
Total amount at risk December 31, 1896 $5,178,169 57
Maryland Home Fire Ins. Co. of Baltimore, Md. 39
Business in Maryland in 1896 :
Fire risks written in 1896 §313,032 50
Premiums received 13,427 45
Loss paid 3,799 44
Losses incurred 3,354 44
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MARYLAND HOME FIRE INSURANCE COMPANY
OF BALTIMORE, MD.
Commenced. Business 1894.
Clarence Hodson, President. Frank J. Kohler, Secretary.
Principal Office, Baltimore.
Summary of assets December 31, 1896 :
Cash in company's office and in bank $1,848 34
Premiums in course of collection 929 80
Premium notes §26,728 33
Contingent liabilities of members 15,074 79
Total admitted assets $2,778 14
Liabilities :
Losses reported, adjusted and unpaid $410 00
Amount due and to become due for borrowed
money 300 00
Premium notes $26,728 33
Contingent liabilities 15,074 79
All other liabilities as per detailed statement on
file , 40 00
Gross liabilities, exclusive of capital. ..... 750 00
Surplus as regards policy holders $2,028 14
Income during year :
Cash premiums received $4,152 43
From other sources 11 50
Actual cash income $4,163 93
Expenditures during year :
Amount paid for losses $2,234 50
Salaries and fees 125 00
Taxes paid 56 23
Cash returned during the year to members who
have discontinued their policies 34 47
All other payments and expenses 428 27
Actual cash expenditures $2,878 47
40 Mutual Fire Insurance Co. of Baltimore, Md.
Total amount at risk December 31, 1896 1700,529 33
Business in Maryland in 1896 :
Fire risks written in 1896 |361,433 58
Premiums received 4,038 76
Losses paid 2,234 50
Losses incurred 2,559 50
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MUTUAL FIRE INSURANCE COMPANY
OF BALTIMORE, MD.
Commenced Business i886.
Frank Slingluff, President. William Henry Purcell, Secretary.
Principal Office, Equitable Building.
Summary of assets December 31, 1896 :
Stocks and bonds owned by the company, market
value 157,400 00
Interest due and accrued 656 83
Cash in company's office and in bank 19,620 55
Premiums in course of collection 2,752 80
Premium obligations in force §493,253 10
Total admitted assets $80,430 18
Assets not admitted in Maryland :
Office furniture $421 70
« Liabilities :
Losses reported, adjusted and unpaid §16 17
Gross liabilities, exclusive of capital 16 17
Surplus as regards policy holders §80,414 01
Income during year :
Cash premiums received §110,495 87
Interest on mortgages 1,851 75
Actual cash income §112,347 62
Mutual Fire Insurance Co. in Baltimore Co.^ Md. 41
Expenditures during year :
Amount paid for losses $13,651 04
Amount paid for rent 1,110 00
Interest 31 00
Salaries and fees 6,074 00
Taxes paid 404 94
Cash returned during the year to members who
have discontinued their policies 12,097 37
All other payments and expenses 69,161 11
Actual cash expenditures $102,529 46
Stocks and bonds in statement :
Par value. Market value.
Baltimore City stock, 3i per cent., 1900 $ 4,000 00 $ 4,200 00
Baltimore City stock, 3^ per cent., 1928 20,000 00 21,000 00
Baltimore City stock, 3^ per cent., 1930 16,200 00 17,010 00
Baltimore City stock, 5 per cent., 1916 12,400 00 15,190 00
$52,600 00 $57,400 00
Total amount at risk December 31, 1896 $10,035,794 00
Business in Maryland in 1896 :
Fire risks written in 1896 $545,894 00
Premiums received 6,543 15
Losses paid 2,642 93
Losses incurred 2,642 93
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MUTUAL FIRE INSURANCE COMPANY
IN BALTIMORE COUNTY, MD.
Commenced Business 1850.
George H. Merryman, Presidettt. Milton Dance, Secretary,
Principal Office, No. 304 E. Lexington St., Balto.
Summary of assets December 31, 1896 :
Stocks and bonds owned by the company, market
value $13,895 00
Cash in company's office and in bank 5,810 92
Premiums in course of collection, unpaid assess-
ments 12,421 33
Premium notes $329,956 07
Total admitted assets $32,127 25
42 Mutual Fire Insurance Go. in Baltimore Co., Md.
Assets not admitted in Maryland :
Office furniture and books |500 00
LiaMlities :
Losses reported, adjusted and unpaid $932 50
Borrowed money 47,200 00
Premium notes $329,956 67
Gross liabilities, exclusive of capital 48,132 50
Income during year :
Cash premiums received $21,204 29
Interest on mortgages 702 81
From other sources 21,600 69
Actual cash income .• $43,507 79
Expenditures during year :
Amount paid for losses $18,705 50
Interest 3,194 51
Salaries and fees 4,093 00
Amount paid for rent 200 00
All other payments and expenses 14,030 00
Actual cash expenditures $40,223 01
Stocks and bonds in statement :
Par value. Market value.
200 shares National Mechanics Bank $2,000 00 $3,500 00
35 shares National Union Bank 2,625 00 2,835 00
25 shares Third National Bank 2,500 00 2,500 00
20 shares National Exchange Bank 2,000 00 2,620 00
20 shares Commercial and Farmers Bank 2,000 00 2,440 00
$11,125 00 $13,895 00
Total amount at risk December 31, 1896 $4,681,178 00
Business in Maryland in 1896 :
Fire risks written in 1896 $745,522 00
Premiums received 1,997 08
Losses paid 18,705 50
Losses incurred 11,615 88
Mutual Fire Insurance Go. of Calvert Co., Md. 43
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MUTUAL FIRE INSURANCE COMPANY
OF CALVERT CO., MD.
Commenced Business 1866.
George H. Jones, President. John B. Gray, Secretary.
Principal Office, Prince Frederick.
Summary of assets December 31, 1896 :
Loans on mortgage of real estate $3,914 00
Stocks and bonds owned by the company, market
value 6,498 00
Loans and collaterals 1,441 83
Interest due and accrued 464 25
Cash in company's office and in bank. ... 952 78
County orders 706 57
Premium notes $16,681 19
Total admitted assets $13,977 43
LiaMlities :
Premium notes $16,681 19
Surplus as regards policy holders $13,977 43
Income during year :
Cash premiums received $ 650 49
Interest on mortgages 2,188 94
From other sources 64 54
Actual cash income $2,903 97
y Expenditures during year:
Amount paid for losses $963 68
Salaries and fees 242 00
Taxes paid 72 49
All other payments and expenses 1,384 08
Actual cash expenditiires $2,662 25
Stocks and honds in statement :
Par value. Market value.
251 shares Nat. Mechanics Bank of Baltimore. . . $2,510 00 $4,769 00
9 shares Nat. Union Bank of Baltimore 675 00 729 00
One bond State of Md. Penitentiary loan, 1896. . 1,000 00 1,000 00
$4,185 00 $6,498 00
Total amount at risk December 31, 1896 $264,642 61
44 Mutual Fire Insurance Co. of Carroll Co., Md.
Business in Maryland in 1896 :
Fire risks written in 1896 |25,996 48
Premiums received 72 00
Losses paid 963 68
Losses incurred 963 68
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MUTUAL FIRE INSURANCE COMPANY
OF CARROLL CO., MD.
Commenced Business 1S70.
Dr. J. W. Herring, Presidetit. Richard Manning, Secretary.
Principal Office, Westminster.
Summary of assets December 31, 1896 :
Real estate S 2,935 00
Stocks and bonds owned by tbe company, market
value 17,940 00
Premium notes in force : $297,088 00
Total admitted assets $20,875 00
Liaiilities :
Premium notes in force §297,088 00
Surplus as regards policy holders $20,875 00
Income during year :
Cash premiums received $8,812 06
Interest on mortgages, bonds, real estate 783 58
From other sources 1,340 67
Actual cash income $10,936 31
Expenditures during year :
Amount paid for losses $7,290 09
Interest on borrowed money • 203 24
Salaries and fees 1,188 45
Taxes paid 41 24
Cash in bank 1,403 00
All other payments and expenses 810 29
Actual cash expenditures $10,936 31
Mutual Fire Insurance Co. of Cecil Co., Md. 45
Stocks and bonds in statement :
Par value. Market lalue-
3 bonds Northern Pacific R. R., 2nd mtge $3,000 00 $8,540 00
Ohio & Mississippi R. R., Springfield Div 2,000 00 2,000 00
50 shares preferred stock Southern R. R 5,000 00 1,500 00
8 shares Third National Bank of Baltimore 800 00 800 00
50 shares Firemens Insurance Co. of Baltimore. 900 00 1,250 00
25 shares of stock Nat. Ex. Bank of Baltimore. . 2,500 00 3,250 00
80 shares Union Nat. Bank of Westminster 2,000 00 3,800 00
8 shares Com. and Farmers B'k of Baltimore. . . 800 00 1,000 00
1 bond Northern & Pacific R. R., 3d mtge 1,000 00 800 00
$18,000 00 $17,940 00
Total amount at risk December 31, 1896 $4,330,164 00
Business in Maryland in 1896 :
Fire, marine and inland risks written in 1896 $424,720 00
Premiums received 1 ,698 88
Losses paid 7,290 09
Losses incurred 7,290 09
SWORN STATEMENT FILED IX THIS DEPARTMENT OF THE
MUTUAL FIRE INSURANCE COMPANY
OF CECIL CO., MD.
Commenced Business 1847.
Jacob Tome, President. John M. Tucker, Secretary.
Principal Office, Elkton.
Summary of assets December 31, 1896 :
Cash in company's office and in bank $6,141 08
Premiums in course of collection 41 63
Premium notes $262,880 31
Total admitted assets $6,182 71
Assets not admitted in Maryland^ :
Office furniture and safe $500 00
Liaiiliiies :
Losses reported, adjusted and unpaid $1,221 72
Premium notes $262,880 31
All other liabilities as per detailed statement on
file 302 06
Gross liabilities, exclusive of capital 1,523 78
Surplus as regards policy holders ^ $4,658 93
4:6 Mutual Fire Insurance Co. of Frederick Co.^ Md.
Income during year:
Cash premiums received $16,679 47
Interest on mortgages, bonds and real estate .... 98 22
Amount received for assessments 83 56
From other sources 150 57
Actual cash income $17,011 82
E-xpenditures during year:
Amount paid for losses $11,346 21
Amount paid for rent 150 00
Salaries and fees 1,847 50
Taxes paid 91
Cash returned during the year to members who
have discontinued their policies 20 85
All other payments and expenses 1,179 56
Actual cash expenditures $14,545 03
Business in Maryland in 1896 :
Fire risks written in 1896 $3,158,061 00
Premiums received 16,679 47
Losses paid 11,346 21
Losses incurred 8,425 47
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
MUTUAL FIRE INSURANCE COMPANY
OF FREDERICK CO., MD.
Commenced Business 1S44.
Charles E. Trail, Preside/it. John N. Cutshall, Secretary.
Principal Office, Frederick.
Summary of assets Decemher 31, 1896 :
Eeal estate $15,000 00
Loans on mortgage of real estate 11,000 00
Stocks and bonds owned by the company, market
value 1,150 00
Loans on collaterals 800 00
Cash in company's office and in bank 810 36
Premium notes $182,626 40
Total admitted assets $28,760 36
Mutual Fire Insurance Co. of Frederick Co.^ Md. 47
Liabilities :
Cash deposits $2,405 00
Earned credits due policy holders 2,129 22
Premium notes §182,626 40
Gross liabilities, exclusive of capital 4,534 22
Surplus as regards policy holders $24,226 14
Incovie during yeojr :
Cash premiums received
Interest on mortgages, bonds and real estate. . .
Cash received during the year for rent
From other sources
$3,611
69
671
48
970 00
13
80
Actual cash income §5,266 97
Expenditures during year :
Amount paid for losses § 298 37
Cash paid to members who have discontinued
their policies ....
Salaries and fees
Taxes paid
Paid during the year for interest on earned
credits and cash premiums
All other payments and expenses
Actual cash expenditures §2,101 92
Stocks and bonds in statement :
Par value. Market value.
1 certificate of stock, Franklin Savings Bank . . . §1,000 00 §1,150 00
125
00
1,017
78
278
62
277
90
104
25
Total amount at risk December 31, 1896 §1,322,201 00
Business in Maryland in 1896:
Fire risks -n-ritten in 1896 §68,781 00
Premiums received 15,652 35
Losses paid 298 78
Losses incurred 18 79
48 Mutual Fire Insurance Co. in Harford Co.^ Md.
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE