New Hampshire. Insurance Dept.

Annual report of the Insurance Commissioner of the State of New ..., Volume 26 online

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Premium notes, loans, or liens on policies in force 258,752.45

Cost value of stocks and bonds 8,100,487.97

Cash in company's office 796.78

Cash deposited in banks 186,886.45

Bills receivable 10.104.68

Agents' and other ledger balances 8,979.70

Cash in transit (since received) 3,451.43

Total net or ledger assets, as per balance $6,296,458.00



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286



Life Iksurance Companies



[Dec. 31,



OTHSB ASSETS.

Interest due and accrued on:

Mortgages

Stocks and bonds

Ck)llateral loans

Premium notes, loans, or liens

Other assets

Rents due and accrued

Market value of stocks and bonds over cost.



127,565.76

26,49a00

2,S29.12

8,728.31

428.34

2,302.58

80,118.05



Premioms due and nnreported on poli-
cies in force

Deferred premioms on i>olicles in force. .

Total

Deduct cost of collection



New

•48,818.67
18,992.70

47,467.09



RenewaU.

$88,822.68
61,909.06

•lS0,7a]60
7,686.66



$20,848.41 $148,196.01



Net amount of uncollected and deferred premiums

Forborne premiums to be deducted in settlement of policy
claims included in liabilities

Total assets as per books of the company

ITEIIS NOT ADMITTED.



168,538.42

394.72
$6,507,386.80



Agents' balances.
Bills receivable. . .



$8,979.70
10,104.68



Total items not admitted.



14,084.88

Total admitted assets $6,588,251.02

LIABILITIES.

Net present valoe of all ootstanding policies, com-
puted according to the Actaaries' Table of Mortal-
ity, with 4 per cent, interest $6,151,064.00

Dedoct net valne of re-insnred risks 6,626.00

Net re-insurance reserve $6,144,480.00

Matored endowments due and onpaid $11,792J6

Death losses and matured endowments in process of

adjustment 75,114.72

Matured endowment policies unpaid 1,964.47



88,172.05

3,078.66

688.54

140.03

1,000.00

$6,287,514.18

845,737.74

Gross liabilities $6,588,251.02



Total policy claims

Unpaid dividends of surplus due policy-holders.

Premiums paid in advance

Contingent reserve

Bills payable



Liabilities as to policy-holders —
Surplus as regards policy-holders.



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1894.] OF Other States. 287

PREMIUM NOTE ACCOUNT.

Premium notes, loans, or liens on hand Dec. 81, 1888. . . $266,948.00
Premium notes, loans,or liens receiTed doringftlie year 88,98246

Total $279,225.66

DeductionB during the year, as follows: Notes, loans, or
liens used in:

Payment of losses and claims $16,029.00

Porchase of surrendered policies and voided by lapse 27,882.66

Payment of diyldends to policy-holders 8,716.00

Redeemed and transferred 1,688.00

Total reduction 48,140.66

Balance of note assets Dec. 31, 1894 $231,085.00



EXHIBIT OF POLICIES.

POLICIES AND ADDITIONS IK FORCE DECEMBER 81, 1898.

Number. Amount,

Whole life policies 10,426 $19,672,476.00

Endowment policies 6,399 11,258,130.00

All other policies 2,339 4,779,191.69

Reversionary additions 209,619.03

NEW POLICIES ISSUED DUBUTO THE YEAB.

Whole life policies 3,576 7,109,596.00

Endowment policies 657 1,010,387.00

All other policies 1 5,000.00

OLD POLICIES BEVIVED.

Whole life policies 48 77,600.00.

Endowment policies 13 80,500.00

All other policies 2 3,000.00

Reversionary additions 427.04

OLD POLICIES INCBEASED.

All other policies 4,923.12

OLD POLICIES TBAN8FEBBED.

Whole life policies 9 12,500.00

Endowment policies 37 22,504.63



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288



Life Insurance Companies



[Dec. 81,



ADDITIONS.



All other policies

Reyersionaiy additions.



100,316.30
27,704.30



Total number and amount 23,507 $44,318,775.11

Deduct policies ceased to be in force 3,967 8,006,733.77

Total in force December 31, 1894 19,550 $36,312,041.34

Number, Amount,

Whole life policies in force iO.967 $90,606,882.00

Endowment policies in force 6,076 10,486.066.00

All other poUoies in force 2,606 4,988,729.00

Reversionary additions in force 216,876.84



Total number and amount 10,660 $86,812,041.84



TERMINATED AS FOLLOWS!

By death 241

maturity 134

expiry 324

surrender 172

lapse 2,313

change and decrease 46

Not taken 727



$457,715.53
160,137.10
691,300.00
343,381.37

4,452,456.05
313,743.72

1,588,000.00



Total 3,957 $8,006,733.77



BUSINESS IN NEW HAMPSHIRE.



Policies in force Dec. 31, 1893 .
Policies issued during year . . .



Total

Deduct policies ceased to he in force.



In force in New Hampshire, Dec. 31, 1894.



Losses and claims unpaid Dec. 31, 1893.
Losses incurred during 1894.



Total

Losses and claims paid during 1894.



Premiums collected or secured without deductions:
Cash, $26,411.60; Notes or credits, $12.00



663
289



962
205



$777,111.16
314,692.14

$1,001,803.30
284,581.99



747 $857,221.31



4 $1,475.39

8 9,722.98

12 $11,198.37



$7,561.92



$26,423.60



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1894.] OF Other States. 289

UNITED STATES LIFE INSURANCE COMPANY.



New York City.

Incorporated Febmary, 1860. Commenced bosiness March, 1860.

Geobgb H. Bubfobd, President C. P. Fbaxeigh, Secretary.



Cash Capital, $440,000.00.

INCOME.

New premiums without deductions •207,288.02

Benewal premiums without deductions 908,649.88

Premiums received for renewals 11,762.84

Premiums paid by dividends 66,711.66

Surrender values applied to purchase paid-up insur-

anceand annuities 40,682.66

Total $1,288,969.44

Deduct amount paid for re-insurance 7,018.66

Total premium income $1,220,075.79

Cash received for interest on :

Mortgage loans 219,586.11

Bonds owned and dividends on stock 81,842.78

Premium notes, loans, or liens 13,594.73

Other debts due the company 6,868.86

Rents for use of company's property 1,471.76

Dividends and surrender values on re-insurances 911.68

Balance of profit and loss account 1,181.39

Total income $1,551,583.09

Net or ledger assets Dec. 31, 1893 6,619,315.72

Total $8, 170,848.81

DISBURSEMENTS.

Cash paid for losses and additions $681,908.66

Premium notes, loans, or liens used in payment of

same 6,861.61

Cash paid for matured endowments and additions. . . . 61,291.00
Premium notes, loans, or liens used in payment of

same 1,000.00

Gross amount paid for losses and endowments. . . •740,656,16
Beceived for losses or claims on policies re-insured . . 6,000.00

Net amount paid for losses and endowments $735,556.16

19



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290 Life Insurance Companies [Dec. 31,

Cash paid to annuitants $2,521.53

Cash paid for surrendered policies 42,06^17

Premium notes, loans, or liens used in purchase of surren-
dered policies and voided by lapse 26,011.89

Surrender values applied to purchase paid-up insurance

and annuities 40,582.55

Cash dividends applied to purchase paid-up additions and

annuities 84,758.52

Cash dividends paid policy-holders'. 22,064.78

Cash dividends applied in payment of premiums 80,058.13

{Total paid policy-holders $084,584.78)

Cash paid stockholders for interest or dividends 80,800.00

Commissions to agents 186,618.28

Salaries and ti*avelling expenses of agents - 71,865.69

Medical examiners* fees 24,867.50

Salaries of officers and office employes 55,642.82

Taxes and fees 21,295.59

Rent 25,458.42

Advertising and printing 20,505.08

All other items 35,693.94

Total disbursements during the year $1,406,862.05

Balance Dec. 81, 1894 $6,764,486.76

Invested in the following:

ASSETS, AS PER LEDGER ACCOUNTS.

Cost value of real estate unincumbered $68,818.81

Loans on mortgages of real estate (first lidhs) 4,504,290.81

Loans on collateral securities 78,973.88

Loans on company's policies as collateral ) ^/qa qoa 51

Premium notes, loans, or liens on policies in force ( *

Cost value of stocks and bonds 1,661,290.51

Cash in company's office 1,103.59

Cash deposited in banks 158,910.73

Bills receivable 12,826.04

Agents' ledger balances , 14,287.88

Total net or ledger assets as per balance $6,764,486.76

Deduct depreciation from cost of real estate 11,818.31

Total net or ledger assets, less depreciation $6,752,668.45

OTHER ASSETS.

Interest due and accrued on:

Mortgages $47,898.42

Stocks and bonds 80,610.58



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1894.] OP Other States. 291

Collateral loans $1,988.32

Premium notes, loans, or liens 12,422.09

Other assets 844.88

Market yalue of stocks and bonds over cost 41,085.82

Neva
Bu9ine99, Beneu>aU,
PremlmiLB doe and unreported on polioies

in force $47,987.91 $88,976.19

Deferred premiums on i>oUoie8 in force. . . 20,267.88 96,660.26

Total $68,205.74 $184,626.46

Deduct cost of collection 84,102.87 10,477.89



$84,102^ $174,148.66

Net amount of uncollected and deferred premiums 208,251.48

Total assets, as per books of the company $7,095,264.71

ITEMS NOT ADMITTED.

Agento' balances $1I,287J8

Bills receivable .' 12,826.04



Total items not admitted 27,118.42

Total admitted assets $7,068,151.29

LIABILITIES.

Net present value of all outstanding policies, com-
puted according to the Actuaries' Table of Mor-
toUty, with 4 per cent, interest $6,689,109.00

Deduct net value of re-insured risks 61,527.00

Net re-insurance reserve $6,487,582.00

Death losses due and unpaid $14,140.00

Matured endowments due and unpaid 1,900.00

Death losses and matured endowments not due 22,100.00

DeaUi losses and other policy claims resisted 86,000.00



Total policy claims 74,140.00

Unpaid dividends of surplus due policy-holders 16,875.00

Accrued rents and unpresented accounts 5,906.88

Premiums paid in advance 8,776.61

All other liabilities 2,285.0U

Liabilities as to policy-holders $6,590,065.49

Paid-up capital $440,000.00

Surplus over capital 38,085.80

Surplus as regards policy-holders 478,085.80

Gross liabilities $7,068,151.29



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292 Life Insurance Companies [Dec. 31,

PREMIUM NOTE ACCOUNT.

Premiam notes, loans, or Hens on hand Deo. 81, ISM. . . . $230,726.17
Premiam notes, loans, or liens received during the
year 111,886 JSO

Total $342,112.76

Deductions during the year as follows: Notes, loans, or
liens used in:

Payment of losses and claims $7361.61

Parchase of soirendered policies and voided by lapse . . 26,011.89
Redeemed by maker in cash 89,762.75

Total reduction ' 73,126.25

Balance of note assets Deo. 31, 1894 $268,086.51

EXHIBIT OF POLICIES.

POLICIES AND ADDITIONS IN FOBCB DECEMBEB 81, 1893.

Number. Amount,

Whole life policies 10,457 $20,512,333.00

Endowment policies 1,727 3,055,497.00

All other policies 6,084 18,451,002.00

Reversionary additions 717,027.00

NEW POLICIES ISSUED DCJRINO THE TBAB.

Whole Ufe policies 1,723 4,194,505.00

Endowment policies 254 510,750.00

All other policies 2,050 5,954,016.00

OLD POLICIES BEVIVED.

Whole life policies 22 37,500.00

Endowment policies 6 12,000.00

All other policies 159 501,000.00

OLD POLICIES INCREASED AND CHAKOBD.

Whole Ufe policies 33 94,000.00

Endowment policies 9 38,450.00

All Other policies 11 23,500.00

ADDITIONS BY DIVIDENDS.

Reversionary additions 57,593.00

Total number and amount 2^,625 $54,159,173.00

Deduct policies ceased to be in force 4,077 ' 11,959,923.00

Total in force Dec. 31, 1894 18,548 $42,199,250.00



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1



1894.]



OP Other States.



293



Number, Amount.

Whole life poUcies in force 10,880 $21,688,896.00

Endowment policies in force 1,685 8,064,722.00

All other poUcies in force 6,968 174fl0,682.00

Reversionary additions in force 826,488.00

Total number and amount 18,648 $42,199,260.00



TERMINATED AS FOLLOWS:

Number. Amount.

By death 289 $640,046.00

maturity 44 51,495.00

expiry 110 795,691.00

surrender 187 586,181.00

lapse 2,655 7,684,760.00

change and decrease 49 311,450.00

Nottaken 748 1,940,800.00

Total 4,077 $11,959,928.00



BUSINESS m NEW HAMPSHIRE.

Policies in force Dec. 81, 1898 118 $186,475.00

Policies issued during year 58 124,100.00

166 $260,575.00

56 186,395.00



Total

Deduct policies ceased to be in force.



In force in New Hampshire, Dec. 81, 1894. ...... 110 $124,180.00



Losses and claims unpaid Dec. 81, 1898.
Losses incurred during 1894



Total.



Losses and claims paid during 1894

Premiums collected or secured without deductions.



$1,000.00
2,000.00

$8,000.00



$8,000.00
$2,892.25



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294 Life Insurance Companies [Dec. 31,

WASHINGTON LIFE INSURANCE COMPANY.
New York City.



Incorporated Janoary, 1800. Commenced business Febmary 2, 1860.
W. A. Brewer, Jr., President William Haxtuit, Secretary.



Cash Capital, $125,000.00.

mCOME.

New premlams without deductions $187,676.44

Renewal premiums without deductions 1,544,085.50

Premiums paid by dividends 209,842.05

Surrender values applied to purchase paid-up insur-
ance and annuities 168,805.44

Cash received for annuities 1,801.15

Total premium income $2,105,750.67

Cash received for interest on:

Mortgage loans 520,023.61

Bonds owned and dividends on stock 18,999.06

Other debts due the company 38,890.01

Discount on claims paid in advance 4,629.16

Rents for use of company's property 9,997.38

Total income $2,702,289.89

Net or ledger assets Dec. 81, 1898 12,170,514.20

Total $14,872,804.09

DISBURSEMENTS.

Cash paid for losses and additions $763,688J6

Cash paid for matured endowments and additions. . . . 167,455.42

Net amount paid for losses and endowments $920,138.78

Cash paid to annuitants 11,786.29

Cash paid for surrendered policies 163,048.64

Surrender values applied to purchase paid-up insurance

and annuities 163,305.44

Cash dividends applied to purchase paid-up additions and

annuities 116,761.00



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1894.] OF Other States. 295

Cash dividends applied in payment of premiums $92,591.05

Return premiums 1,556.15

(Total paid poUcy-holders $1,469,177.85)

Cash paid stockholders for interest or dividends 8,750.00

Commissions to agents 192,112.66

Salaries and travelling expenses of agents 84,825.64

Medical examiners' fees 22,740.00

Salaries of officers and office employes 85,188.84

Taxes and fees 25,885.72

Rent 10,500.00

Commuting commissions. 28,075.57

Advertising and printing 21,261.79

All other items. 49,885.99

Total disbursements during the year $1,998,403.56

Balance Dec. 31, 1894 $12,874,400.58

Invested in the following:

ASSETS, AS PER LEDGER ACCOUNTS.

Cost value of real estate unincumbered $606,842.87

Loans on mortgages of real estate (first liens) 10,370,878.17

Loans on company's policies as collateral 488,981.76

Cost value of stocks and bonds 686,141.18

Cash in company's office 4,528.81

Cash deposited in banks 681,285.28

Agents' ledger balances.'. 84,248.06

Tptal net or ledger assets, as per balance $12,874,400.58

OTHEB ASSETS.

Interest due and accrued on:

Mortgages $125,855.44

Stocks and bonds 1,687.50

Collateral loans 12,289.17

Market value of stocks and bonds over cost 61,088.87

Preminms dae and unreported on policies in force. . . $107,810.44
Deferred premiums on policies in force 907,998.37

Total $816,808.71

Dedact average loading (ao per cent.) 88,061.74

Net amount of imcoUected and deferred premiums 252,246.97

Total assets as per books of the company $18,827,518.48

TTBMS NOT ADMITTED.

Agents' balances 84,248.06

Total admitted assets $18,298,270.42



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296 Life Insurance Companies [Dec. 81,

LIABILITIES.

Net present value of all outstanding policies, computed
according to the Actuaries' Table of Mortality, with 4
per cent, interest $12,728,607.00

Death losses dne and unpaid $1,800.15

Matnred endowments due and unpaid 2,561.06

Death losses not due 18,281.00

Death losses and other policy claims reported, proofs

not received 68,544.20

Total policy claims 80,638.30

Premiums paid in advance 8,647.00

All other liabilities 2,888.31

Liabilities as to policy-holders $12,820,718.61

Paid-up capital $126,000.00

Surplus over capital 347,666.81

Surplus as regards policy-holders 472,656.81

Gross liabilities $ 13,298,270.42

EXHIBIT OF POLICIES.

POLICIES AND ADDITIONS IN FOBCE DECEMBER 81, 1888.

Number. Amount,

Whole life policies 14,668 $29,981,034.00

Endowment policies 9,662 18,766,228.00

Annuities 44

Reversionary additions 968,269.00

NEW POLICIES ISSUED DURING THE TEAR.

Whole Ufe policies 3,166 5,661,298.00

Endowment policies 816 1,317,885.00

All other policies 1

OLD POLICIES REVIVED.

Whole life policies 460 1,061,169.00

Endowment policies 267 666,669.00

Reversionary additions 10,578.00

ADDITIONS BY DIVIDENDS.

Reversionary additions 168,162.00

Total number and amount 29,088 $68,468,757.00

Deduct policies ceased to be in force 4,395 8,840,660.00

Total in force Dec. 81, 1894 24,648 $49,628,097.00



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1894.] OP Other States. 297

Number. Amount.

Whole life poUcies in force 16,140 $80,490,668.00

Endowment policies in force 9,460 18,200,620.00

All other policies in force 48

Reversionary additions in force 986,924.00

Total nomber and amount 24,648 $49,628,097.00



TEBMn^ATED AS FOLLOWS."

Number. Amount.

Bydeath 299 $748,070.00

maturity 91 109,756.00

discount 29 60,228.00

surrender 1,076 2,479,807.00

lapse 2,412 4,836,268.00

Not taken 489 1,116,987.00

Total 4,396 $8,840,660.00



BUSINESS IN NEW HAMPSHIRE.

Number. Amount.

Policies in force Dec. 31, 1893 24 $46,806.00

Policies issued during the year 28 36,000.00

Total 62 $80,305.00

Deduct policies ceased to be in force ... 8 11,000.00

In force in New Hampshire, Dec. 31, 1894 44 $69,305.00



Losses incurred and paid during 1894 2 $6,886.70



Premiums collected or secured without deductions $1,464.73



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FRATERNAL BENEFICIARY ASSOCIATIONS.



Abstracts of Statements showing their Standing and
Condition December 31, 1894.



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300



Fraternal Beneficiary Ass'ns.



[Dec. 31,



AMERICAN LEGION O'P HONOR.
. Boston, Mass.



Incorporated March 11, 1879. Commenced bnsiness December 18, 1878.
John M. Owinnell, Pre$ident. Adam Warnock, Secretary.



INCOME.

Membership fees f... $6,861.75

Assessments. 2,770,963.90

All other 47,247.79

Total income $2,825,098.44

Balance Dec. 31, 1893 609,688.97

Total $3,434, 732.41

DISBURSEMENTS.

Losses and claims $2,593,150.00

Salaries of officers and employes 20,828.38

Another. 221,727.02

Total disbursements $2,885,705.35

Balance $599,027.06

NET OR INVESTED ASSETS.

Cost value of bonds and stocks owned $400,230.24

Cost of real estate 100,000.00

Cash in bank 98,796.82

Total net or invested assets $599,027.06

LIABILITIES.

Losses adjusted, due and unpaid $86,000.00

All other 2,628.34

Total actual liabiUties 38,596.34

Balance, net assets $560,428.72



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1894.] Fraternal Beneficiary Ass'ns. 301

CONTINGENT MORTUARY RESOURCES.
Assessments due and unpaid $243,202.88

CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due $141,000.00

EXHIBIT OF CERTIFICATES OR POLICIES.
Total Busihbbs of 1894.

Number. Amount.

In force Dec. 81, 1898 60,076 $159,473,000.00

Written during the year 5,112 7,049,500.00

Total 65, 188 $166,522,500.00

Ceased to be in force 9,128 28,621,000.00

In'force Dec. 31, 1894 56,060 $142,901,500.00

Claims unpaid Dec. 81, 1893 40 $108,500.00

Claims incurred during the year 1894 956 2,572,000.00

Total 996 $2,680,500.00

Claims paid during the year 1894 929 $2,503,500.00

Terminated by death during 1894 966 2,672,000.00

Terminated by lapse during 1894 8,172 22,049,000.00

Busikess IK New Hampshire duriko 1894.
In force December 81, 1898 167 $412,500.00

Total 157 $412,500. 00

Ceased to be in force 4 15,500.00

In force Dec. 31, 1894 153 $397,000.00

Claims incurred during the year 1894 1 $4,000.00

Total 1 $4,000.00

Claims paid during the year 1894 1 $4,000.00

Terminated by death during 1894 1 4,000.00

Terminated by lapse during 1894 3 11,500.00

Gross amount paid by New Hampshire members without
deductions $8,015.18



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302 Fraternal Beneficiary Ass'ns. [Dec. 31 ,



SUPREME COUNCIL CATHOLIC BENEVOLENT
LEGION.

Brooklyn, N. Y.



Incorporated September 6, 1881. Commenced business October 13, 1881.
John £. McGuire, PreHdent. John D. Carroll, Secretary,



INCOME.

Mortuary assessments $818,968.41

All other 82,036.98

Total income $851,006.39

Balance Dec. 31, 1893 2,069.87

Total $853,075.26

DISBURSEMENTS.

Losses and claims $820,500.00

Salaries of officers and office employes 10,341.40

All other 20,942.57

Total disbursements $851,783.97

Balance $1,291.29

NET OR INVESTED ASSETS.

Cash in office $600.00

Cash in bank 5,528.63

Total net or invested assets $6,028.63

EXHIBIT OF CERTIFICATES OR POLICIES.
Total Business of 1894.

Number. Amount.

In force Dec. 31, 1893 31,772 $60,481,500.00

Written during the year 4,884 6,846,500.00

Total 36,656 $67,328,000,00

Ceased to be in force 1,501 2,712,500.00

In force Dec. 31, 1894 35,155 $64,615,600.00



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1894.] Fraternal Beneficiary Ass'ns. 303

Claims unpaid Dec. 31, 18»3 79 $167,500.00

Claims incurred during the year 1894 880 756,000.00

Total 459 $913,500.00

Claims paid during the year 1894 412 $819,500.00

Terminated by death during 1894 380 756,000.00

Terminated by lapse during 1894 1,121 1,966,500.00



Business in New Hampshibe During 1894.

Number. Anumnt.

In force Dec. 81, 1893 8 $15,000.00

Written during the year 6 9,000.00

Total 14 $24,000.00

In force Dec. 31, 1894 14 $24,000.00

Gross amount paid by New Hampshire members

without deductions $382.08



CHRISTIAN BURDEN BEARERS' ASSOCIATION.
Principal Office, Manchester.



Incorporated Jnne 16, 1886. Commenced business June 21, 1886.
Fbaitk Burr, President. C. R. Crossbt^, Secretary.



INCOME.

Membership fees $188.00

Assessments 21,690.17

All other 221.61

Total income $22,094.78

Balance December 81, 1893 14.594.40

Total $36,689.18



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304 Fraternal Beneficiary Ass'ns. [Dec. 31,

DISBURSEMENTS.

Losses and claims $15,500.00

Salaries of officers and office employes 1,798.79

Another. 468.81

Total disbursements $17,765.60

Balance $18,923.68

NET OR INVESTED ASSETS.

Cash in bank $18,923.58

EXHIBIT OF CERTIFICATES OR POLICIES.
Total Business op 1894.

Number. Amount,

In force Dec. 31, 1893 1,527 $1,527,000.0

Written during the year 166 166,000.00

Total 1,698 $1,693,000.0

Ceased to be in force. 113 113,000.00

In force Dec. 81, 1894 1,580 $1,580,000.00

Claims unpaid Dec. 31, 1893 1 $1,000.00

Claims incurred during the year 1894 13 13,000.00

Total 14 $14,000.00

Terminated by lapse during 1894 99 $99,000.00

Business in New Hampshire During 1894.

Number, 'Amount.

Inforce Dec. 31, 1893 74 $37,000.00

Written during the year 17 8,500.00

Total 91 $45,500.00

Ceased to be in force 9 4,500.00

In force Dec. 31, 1894 82 $41,000.00

Claims incurred during the year 1894. 3 $1,500.00

Total 3 $1,500.00

Terminated by lapse during 1894 6 $3,000.00

Gross amount paid by New Hampshire members without

deductions $4,205.40



Digitized by VjOOQIC



1894.] Fraternal Beneficiary Ass'ns. 305

EQUITABLE AID UNION.
Columbus, Pa.



Incorporated March 22, 1879. Oommenoed basiness April 25, 1879.
Albert Moroan, PreMident, James W. Merritt, Secretary,



INCOME.

Annual dues $81,606.82

Assessments 821,166.80

All other 7,708.93

Total income .*. . $860,482.56

Balance Dec. 31, 1893 20,301.16

Total $880,783.71

DISBURSEMENTS.

Losses and claims $794,981.66

Salaries of officers and office employes 15,761.55

All other 39,851.86

Total disbursements $850,5»5.07

Balance $30,188.64

NET OR INVESTED ASSETS.

Cost yalue of real estate $7,000.00

Cash in office and banks 46,925.32

Total net or invested assets $53,925.32

LIABILITIES.

Losses adjusted, due and unpaid $6,650.00

Due grand unions 2,032.30

Total actual liabilities $8,682.30

Balance, net assets $45,243.02



Digitized by VjOOQIC



306



Fraternal Beneficiary Ass'ns.



[Dec. 31,



CONTINGENT MORTUARY RESOURCES.

Assessments called, not yet due $69,724.51

not yet called 63,700.00

Total due from members $133,424.51

CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due $192,962.60

EXHIBIT OF CERTIFICATES OR POLICIES.
Total Business of 1894.

Number, Amount.

In force Dec. 31, 1893 31,168 $47,594,725.00

Written during |;he year 4,898 6,589,500.00

Total 35,661 $54,184,225.00

Ceased to be in force 6,358 10,673,215.00

In force Dec. 31, 1894 29,203 $43,511,010.00

Claims unpaid Dec. 31, 1893 162 $213,950.00

Claims incurred during the year 1894 772 780,664.00


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