Слике страница
PDF
ePub
[blocks in formation]

Cash received for interest on cash loans,

for interest and dividends on bonds and stocks owned

by the Company,
for interest on premium notes or loans,
for interest on other debts due the Company,

for rent of Co.'s property, under sub-lease or otherwise,
Discount on claims paid in advance,
Cash from other companies, on account of losses or claims

on re-insured policies,
Cash income from all other sources,

[blocks in formation]
[ocr errors]

Total Income received as aforesaid during the year,

EXPENDITURES.
Cash paid for the Company's own losses, policy claims and

additions thereto, viz. :-Death losses,
Used as aforesaid in notes or other premium obligations,
Matured endowments,
Used as aforesaid in notes or other premium obligations,
To annuitants, .

[blocks in formation]

Amounts carried forward,

$198,503 72

$64,235 98

$318,950 00

1 See Detailed Statements, ante, pages 162 to 168. 3 Premium on gold, $1,213.03; interest on bonds, $3,133.55; sale of investments, $2,938.

* Including $63,500 paid for death losses on re-insurance policies. • In cash, $1,047,266.17; notes, $582,988.87.

[graphic]
[blocks in formation]
[ocr errors]

Amounts brought forward,
On account of purchased or surrendered policies, .
Used as aforesaid in notes or other premium obligations,
For dividends to policy-holders,
Used as aforesaid in notes or other premium obligations,
Notes and other prem. obligations voided by lapse of policies,

Total disbursements on policy account,
Cash paid for dividends to stockholders,

premiums (less rebate or commissions) for re-insurance,
brokerage, commissions and all other charges on first

premiums,
commissions and all other charges on renewal premiums,
salaries and travelling expenses of managers and agents,
medical examinations,
salaries and pay of officers and employés not before in-

cluded,
National, State and local taxes and fees,
rents,
in commutation of future commissions,
advanced to officers or agents, payable from salaries or

future commissions,
for furniture, safes and fixtures for home or agency offices,
all other expenses,

Total Expenditures during the year,

[blocks in formation]
[blocks in formation]

GENERAL ITEMS.
Whole amount insured by existing policies,
Whole amount re-insured,
Net amount insured by existing policies,
Policies (old and new) terminated by death during the year,
Amount insured thereby,
Policies issued during the year and terminated by death,
Amount insured thereby,
Insurance in force on lives of citizens of Massachusetts,
Death losses paid in Massachusetts in 1871,
Matured endowments paid to citizens of Mass. in 1871,
Profits or surplus actually set apart for distribution,

to stockholders,

to the assured,
Rate of interest or dividends declared to stockholders, in-

cluding percentage of profits,
Maximum rate of interest or dividends authorized on guar-

antee capital,
Further percentage of surplus or profits authorized to stock-

holders,
Highest rate of interest received,
Average rate received,

[blocks in formation]

1 U, S. taxes and stamps, $199,248; State and local taxes, $1,295.70; licenses and fees in other States, $11,735.95.

2 Including $5,600 rent of home office.
3 Postage and express, $6,317.78; advertising and agency expenses, $35,450.34; law expenses, $3,945.34; printing and stationery, $21,426.20.
• Advertising, $2,871.80; exchange, stamps and express, $1,667.28; books, blanks and stationery, $3,126.26; office and agency expenses, $1,769.03.
5 Advertising, statiouery, printing, law expense, office and agency incidentals.

[blocks in formation]

CAPITAL STOCK.
Whole amount of joint-stock or guarantee capital,
of capital actually paid in cash,

consisting of stockholders' notes,

$250,000 00 250,000 00

$125,000 00 125,000 00

$200,000 00 200,000 00

[blocks in formation]

$992,626 652

INCOME.
Cash premiums received on policies issued in 1871 (exclusive

of interest),
Premium notes and other securities received as aforesaid

(exclusive of interest),
Renewal premiums received in cash (exclusive of interest),
Renewal premium notes and other securities received as

aforesaid (exclusive of interest),
Cash received for sale of annuities,

for all other premiums (exclusive of interest),

8854,611 16

$210,985 876

1,800 00

[graphic]
[blocks in formation]
[ocr errors]
[ocr errors][merged small][merged small]

Cash prem's from other companies for re-insuring their risks,

Total premium income,
Cash received for interest on cash loans,

for interest and dividends on bonds and stocks owned

by the Company,
for interest on premium notes or loans,
for interest on other debts due the Company,

for rent of Co.'s property, under sub-lease or otherwise,
Discount on claims paid in advance,
Cash from other companies, on account of losses or claims

on re-insured policies,
Cash income from all other sources,
Total Income received as aforesaid during the year,

EXPENDITURES.
Cash paid for the Company's own losses, policy claims and

additions thereto, viz. :-Death losses,
Used as aforesaid in notes or other premium obligations,
Matured endowments,
Used as aforesaid in notes or other premium obligations,
To annuitants, .

.

[blocks in formation]

Amounts carried forward,

$208,633 41

$293,814 23

$56,202 20

1 Bee Detailed Statements, ante, pages 169 to 176.

2 All cash. • Profit on U. 8. bonds sold. o Cash, $179,327.17; notes, $31,658.70.

8 Profit and loss account, $15,161.69; increase of capital stock paid in, $50,000. & Stockholders' subscription.

? Cash, $55,265.31; notes, $567.69.

[graphic]
« ПретходнаНастави »