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Michigan Mutual Life Insurance Co.

Michigan Mutual Life Insurance Co. image
Parent Issue
Day
2
Month
March
Year
1894
Copyright
Public Domain
OCR Text

TWENTY-SIXTH J4NUAL STATEMENT OF DETROIT, MíCH., For the Yeav Ëntüag Dcv.ïiiber 31, 1893. RCVEUE AGCÖUKT. ReceiveJ for Premiums „., . - M L1,083,853 68 Reccivcd for Interest and Rents "..'...-.. 303,041 85 Total Income _ _ 1,385,895 63 DisburEcraents for Dealh Claims, Dividends, MülureU IiMunucc, SurrciuJer Values, nd all Expenses _„ „ 809,057 26 Balance to Investment Account „ _.. 476,838 87 ASSET ACGOüJfiT. Cash in Bank _. ....■■■., S 193,303 79 First Mortgage Liens on Real Estáte.... 3,035,815 66 Real Esttte, mcluding Home Office buifon.g .„„.. 333,154 43 Loans to Policy Holdcrs secured by Reservas : 440,378 77 Agcnts' Balances 4,257 03 Bills Beceivabla 40,825 00 Bonds and Collaterals „ „ 40,033 75 Interest and Rents Accmed 66,910 79 Interest and Rents Due . ......... 46,255 67 Outstanding Premiums, securrd hy Reserve Fui d (2opcrr ' ' .;-in'; dediicted) 343,297 57 Deferred Premiums, secured by Reserve Fluid iu vilt cent luiii. . cdutAdj 39,100 89 Total Assets _.. 84,563,633 34 UABüLIYíED. Amount of Reserve Fund, American Tab'e l.1 j cr ctñt) ., „ $14, 005,148 95 Derositsof Policy Holdars „ „.. 3,513 10 Death Claims not duc 33,893 91 Surplus _.- 531,077 38 Total $4,563,633 34 New Itisks assuiued in 18C3 _.„ 8 7,175,918 15 lacrease of Assets _ 515,390 93 Increase of Surplus 34,113 70 The total amount paiti lo Votísry Ic,i'.t-rs íy tltlñ Compaziy to date is _. 1,670,614 65 0. E. LOOKEK, Pres't, B. F. riíEÜE. Secretaty. S. K. MUMFOKD, lst Vice-Pres't. &. W. SA5DEES. Actuary. J. W. DUSENBUET, 2d Vice-Pres't. Gen. W. F. RAYÍÍOLDS, Consulting Actuary. For Bates and Plans of Insurance apply to lï. J. CONRAI, Ágk,, Aun Arbor, 31i-U.

Article

Subjects
Ann Arbor Argus
Old News