CENTRAL AND WESTERN NEW YORK BREWERS AND MALTSTERS MUTUAL INSURANCE

COMPANY

ALBANY, N. Y.

Examined to ascertain condition September 30, 1918.
Report dated January 13, 1919.

Examiners: W. A. Billingham and F. H. Trench.

The company was incorporated May 18, 1914, under the provision of article 5-a of the insurance law, and was granted a certificate of authority by the Superintendent of Insurance, June 30, 1914.

George C. Hawley, of Dobler Brewing Company, Albany.
John C. Schenck, of East Buffalo Brewing Company, Buffalo.

F. X. Matt, of West End Brewing Company, Utica.

William Bolton, of S. Bolton's Sons, Troy.

John F. Nagel, of German-American Brewing Company, Buffalo.
Thomas Ryan, of Thomas Ryan Consumers Brewing Company, Syracuse.
James E. Schwarzenbach, of Schwarzenbach Brewing Company, Hornell.
Philip G. Shaefer, of Lake View Brewing Company, Buffalo.

E. A. Medcalf, of Flower City Brewing Company, Rochester.
Joseph Phillips, of International Brewing Company, Buffalo.
Thomas Fitzgerald, of Fitzgerald Bros. Brewing Company, Troy.
James W. Canavan, of Cataract Brewing Company, Niagara Falls.
William F. Welch, of Gulf Brewing Company, Utica.
Edward W. Loebs, of American Brewing Company, Rochester.
William Simon, of William Simon Brewery, Buffalo.

George J. Meyer, of George J. Meyer Malting Company, Buffalo.
A. Schreiber, of A. Schreiber Brewing Company, Buffalo.

Frank A. Beck, of Magnus Beck Brewing Company, Buffalo.
Frederick A. Stoll, of Stoll Brewing Company, Troy.

Maynard N. Clement, General Manager and Counsel of the company, Albany.

Financial Statement

The following is a statement of income and disbursements from July 1, 1917, to June 30, 1918, inclusive, and of assets on

The following is a statement of income and disbursements from July 1, 1918, to September 30, 1918, inclusive, and of assets and liabilities on the latter date:

Premiums in course of collection on policies effective prior to

Special contingent surplus, $17,950.79:

Companies organized under the provisions of article 5-a of the Insurance Law are required to accumulate a special contingent surplus for the purpose of meeting extraordinary losses or losses arising from an accident in the nature of a catastrophe. A computation of this item has been made in accordance with department circular letter W. C. 166, which shows that the maximum amount of such special contingent surplus, if the company had sufficient admitted assets to cover it, would be $23,873.78. In view of the fact, however, that the admitted assets exceed the liabilities only in the sum of $17,950.79, this latter amount only is carried as a special contingent surplus.