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Michigan Mutual Life Insurance Co.

Michigan Mutual Life Insurance Co. image
Parent Issue
Day
26
Month
March
Year
1895
Copyright
Public Domain
OCR Text

TWENTY-SEVENTH ANNUAL STATEMENT OF DETEOIT, 3VTICI5C. For the Year Ending December 31st, 1894. REVENUE ACCOUNT, Reeeived for Premiums ._ $1,106,588 08 Reeeived for Interest and Kents 235.692 19 Total Income. _ l,342,280 27 Disbursements for Death Claims, Dividends, Matured Insurance, Surrender Values, and all Expenses 956,546 04 Balance to In vestmen t Account... . $ 385,734 Ï3 ASSET ACCOUNT, Cash in Bank __ $ 181,787 08 First Mortgage Liens on Real Estáte 3,326,311 7 Rea) Kstate, includingHome Office Building 430,377 9Í Loans to Policy Ilolders secured by Reserves .... 421,318 65 Asrents' Balances 8,811 24 Bills Keceivable ,-. _ 48,332 27 Bonds mui Collatérals 40, sas 75 [ i' real and Ken is Aoorurfd .._ 71,061 85 Interest and Rauta due 44,019 19 )ul.-i ii ruling Premiums, heuurtd by Reserve i'unü Ü47.724 39 Dtfvrred Premiums, seeurotl by Reserve lund 42,40!) :W Ti.t al Assets ;. $4,63,007 2 LIABILITIES. n ii. t j ■ i - of Reserve Fuud. Amerioan Table {]i. percent) ï4,3fvS,727 68 !; ■poiiisof Policy Holtters. 3,300 00 eath Claims not due - 17,680 59 furplus -. 553,299 1 Total.. _ $4,963,007 28 Vnw Riska Assumed In 1894 ... .$6. 254-, 713 05 ncrwase of Assèts 4OO.374 94 ncri-ase oi Surplus 32,221 75 The Totai Amount pald to Po!icy-Hc!ders by this Company to Date Is 5,264,936 55 O. R. LOOK Eli, President. JAMES H. CUMMINS, Secretary. O. A. KENT. Vioe-Presldent. G. W. SANDERS, Actuary. B lY t' I'OST. 2nd Vioe-President. C. A. DEVENDORP. M. D , Med, Director.

Article

Subjects
Ann Arbor Argus
Old News