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Michigan Mutual Life Insurance Co.

Michigan Mutual Life Insurance Co. image
Parent Issue
Day
9
Month
April
Year
1895
Copyright
Public Domain
OCR Text

TWENTY-SEVENTH ANNUAL STATEMENT OF DtTEOIT, 3VTICÏ3:. For the Year Ending December 31st, 1894. REVENUE ACCOUNT, Itcceived for Premiums $l,106,5S OS Heceived for laterest and Rente ■. , 335.692 J Total Incomé il.342.280 2Ï Diabursements íor Death Claims, Dividends, Matured Insurance, Surrender Values, and all Expenses ., 956,546 04 Balance to Investment Account 385,734 23 ASSET ACCOUNT, Cash in Bank í 181,787 0 First Mortgrage Liens on Real E-itit.c... 3,326,311 '(i Real Estáte, Home Office Building '. 430,377 SIO Loans to Policy Holders secured by Reserves 421,318 65 Asenta Balances 8,81124 Bills Keceivabh; 48,332 27 BondsandCollater.il-- 40,s Interest and lïents Accrued 71.061 85 [nteresfand Rents due ; 44,01ü W Outstandinj; Premiums, secured ljy Reserve Fund 347,724 :" Defèrred Premiums, secured by Reserve Fuud 4--4(ltf l Total Assets $4,963,007 88 L1ABIL1T1ES. Amouni of Reserve Fund, American Tabje (4,% percent) $4,388,721 66 Deposita of Pollcy Holders :i3u0 " Death Claims notdue.. ■ r'm " Surplus. ja Total ...kWWf New Risks Assumed in 1894 $6.254.713 05 Increase of Assets 400,374 94 Increase of Surplus 32,221 75 The Total Amount paid to Pollcy-Holders by this Com pany to Date is 5.264,936 55 O. R. LOÖKBE, President. JAMES H. CUMMINS, Secretsry. G. A. KENT, lst Vice-Presldent. G, w.iSANDEKS, Actuary. HOVT POST. 3nd Vice-Pre.Mdfiil. C. A. DEVENDORF, M.B., Med, Director.

Article

Subjects
Ann Arbor Argus
Old News