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Twenty-fifth Annual Statement

Twenty-fifth Annual Statement image
Parent Issue
Day
10
Month
March
Year
1893
Copyright
Public Domain
OCR Text

inician mutual Life InsDiance Co. OF DETROIT, MICH. For the Year Endlng December 3lst, 1892. REVEMUE ACCOUNT. Received for Premiums, - $1,030,507 7G Received for Interest, ..... 193,202 87 Total Income, .... $1,229,710 63 Disbursements for Deatb. Claims, Dividends, Matured Insurance, Surrender Values, and all Expenses, - - 768,105 35 Balance to Inyestment Account, $ 461,605 28 ASSET ACCOUNT. Cash in Bank, $ 156,624 33 First Mortgage Liens ou Real Estáte, - - - 2,665,565 92 Real Estáte, including Home Office Building, - . . 331,966 65 ' Loansto Policy llolders sec-ured liy Reserves, - - -356,61165 Agents' Balances, ----... 6,8H 10 Bills Receivable, ---.... 37,611 68 Bonds, and Collatcals, ...... 37,823 75 Interest and Renta accrued, ...... 59254 47 Interest and Renls ctue, ...... 34,997 15 Outstanding Premiums, secured by Reserve Fund (20 per cent. Ioadlng deducted), -, 318,427 64 Deferred Premiums, secured by Reserve Fund (20 per cent. loading deducted), ..... 41,54407 Total AsKets .... $4,047,241 41 . ) LIABILITIES. Amount of Reserve Fund, American Table (i]4 per cent.) - f 3,526 698 67 Deposita of Policy Hoiders, ----- ' 3737 gi Deatli Claims not die, - ... , - . . . 19850 45 Surplus, - ..... 496' 964 68 TOTAL, ..... $ 4,047,241 4l New Rlukx awurucd In 18'JS, - . - . 8,319 707 -,, Incrcaxc ■ ot, -----.._ aTHltti ïx Iocreame ol'SiirpEu, ---.... ÏSIilsS nuri"E tlie }r IK'fl Hiim iiihii lomied to J'oll, i -Iloldci-a nri$■, MM (H upoii ) 11.l-.iMi1.11l ■llcii-K ar-slSiifd tolt as nturilr ili Keserve in eacli i-ac bein in cim ( tlir Loan made. ' XJie total amount pald to l'olï. -H,, !!.■, , y -thl Company to $4,2:n,O59 9O H.F. FREDE.Sec'y. O. R. LOOKER. Pres't 1 C. W. SANDERS. Actuary. S. R. MUMFORD, lst Vice-Pres't Gen. W. F. RAYNOLDS, Consulting Actuary. J. W. DUSENBURY 2nd VicelPres't.

Article

Subjects
Ann Arbor Argus
Old News