CAPITAL STOCK. Whole amount of joint-stock or guarantee capital, of capital actually paid in cash, consisting of stockholders' notes, ASSETS. Premium notes and other securities received as aforesaid (exclusive of interest), Cash premiums received on policies issued in 1871 (exclusive of interest), Renewal premiums received in cash (exclusive of interest),. 385,113 75 478,803 96 $699 35 Renewal premium notes and other securities received as afore said (exclusive of interest), Cash received for sale of annuities, for all other premiums (exclusive of interest), Cash premiums from other companies for re-insuring their risks, $336 50 for interest and dividends on bonds and stocks owned by the Company, 22,340 00 52,622 56 43,909 69 for interest on premium notes or loans, 10,086 63 21,398 08 for interest on other debts due the Company, 676 72 for rent of Company's property, under sub-lease or otherwise, 8,698 08 Discount on claims paid in advance, 916 55 123 48 Cash from other companies, on account of losses or claims on re-insurance policies, Cash income from all other sources, Cash paid for the Company's own losses, policy claims and addi tions thereto, viz. :-Death losses, $112,477 25 Used as aforesaid in notes or other premium obligations, 3,131 25 $178,860 56 5,070 69 $27,847 083 Used as aforesaid in notes or other premium obligations, To annuitants, Amounts carried forward, 1 See Detailed Statements, ante, pages 2 to 9. 2 Original guarantee capital, $100,000, of which $74,500 has been redeemed and cancelled. 3 Post mortem dividends. 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 premium obligations voided by lapse of policies, Total disbursements on policy account, $217,639 95 $364,641 56 $27,847 08 Cash paid for dividends to stockholders, premiums (less rebate or commissions) for re-insurance, brokerage, commissions and all other charges on first pre miums, 18,526 25 commissions and all other charges on renewal premiums, salaries and travelling expenses of managers and agents, medical examinations, 3,013 90 7,609 96 salaries and pay of officers and employés not before included, 10,668 70 28,952 38 *19,750 00 National, State and local taxes and fees, 7,950 071 4,505 193 9,469 33 rents, 6,967 66 7,973 69 2,500 00 in commutation of future commissions, advanced to offices or agents, payable from salaries or future for furniture, safes and fixtures for home or agency offices, Policies (old and new) terminated by death during the year, Amount insured thereby, Policies issued during the year and terminated by death, Insurance in force on lives of citizens of Massachusetts, Matured endowments paid to citizens of Massachusetts in 1871, 5,078,852 00 62,012 00 1,500 00 $60,000 005 50,000 00 to the assured, Rate of interest or dividends declared to stockholders, including percentage of profits, 7 per cent. Maximum rate of interest or dividends authorized on guarantee 7 per cent. 10 per cent. capital, Further percentage of surplus or profits authorized to stockholders, 7 per cent. 7 per cent. Not limited. 1 U. S. taxes and stamps, $502.38; State and local taxes, $4,037.84; licenses and fees, $3,409.85. 2 Printing and advertising, $11,577.48; express, postage, fuel and incidental expenses, $10,116; capital redeemed, $2,500; premium paid on U. S. bonds, $19,706.25. 3 Taxes, licenses and fees in other States. 4 Printing, $4,442.47; advertising, $5,148.59; stationery, $2,986.87; office, agency and incidental, $8,071.36. Including interest on guarantee capital, $50,000; to Massachusetts General Hospital, $10,000. 6 Including $161.81 for taxes on real estate. CAPITAL STOCK. Whole amount of joint-stock or guarantee capital, . of capital actually paid in cash, consisting of stockholders' notes, Premium notes and other securities received as aforesaid (exclusive of interest), Cash premiums received on policies issued in 1871 (exclusive of interest), $2,715,202_093 $222,931 64 $1,154,932 402 Renewal premiums received in cash (exclusive of interest), (exclusive of interest), Cash received for sale of annuities, for all other premiums (exclusive of interest), 227 505 |