Michigan Mutual Life Insurance Co.
TWENTY-SEVENTH ANNUAL STATEMENT OF DETEOIT, MICH. For the Year Ending December 31st, 1894. REVENUE ACCOUNT, Reeeivedfor Premiums ..81,106,5(18 08 Receivod for Interest aud Rente _ 235.692 19 Total Income-T.. _ 1,342.230 2T Disbursentents for Death Claims, Dividends, Matured Insurance, Surrender Values, and all Expenses 1)58,546 04 Balance to Investment Account $ 380,734 33 ASSET ACCOUNT, Cash In Bank $ 181,787 08 First Mortgage Liens on Real Estáte.... 8,326,811 76 Real Estáte, ineludingHome Office Building. 430,377 90 Loans to Policy Holders secured by Reserves _ 421,318 65 Agents' Balances 8,841 24 Bills Receivable 48,332 27 Bondsand Collaterals 40,823 75 Interest and Eents Accrued 71,061 85 Interest aud Rent8 due 44,019 10 Outstanding Premiums, secured by Reserve Fund 347,724 30 Deferred Premiums, secured by Reserve Fund 42,409 38 Total Assets $4,963,007 26 LIABIL1TIES. , Amountof Reserve Fund, American Table (4',4 percent) $4,388,727 66 Deposltsof Policy Holders 1 3,300 00 Death Claims not due 17,680 59 Surplus 553,299 13 Total _ $4,963,007 28 New Risks Assumed Ín 1894.... $6.254,713 O5 Increase of Assets 4OO.374 9 Increase of Surplus 32,221 75 The Total Amount paid to Pollcy-Holders by thls Company to Date Ís . 5,264,936 55 O. K. LOOKER, President. JAMES H. CUMMINS, Secretary. C. A. KENT, lst Vice-Presldent. G. WJSANDERS, Actuary. HOYT POST. 2nd Vice-President, c. A. DEVENDORF, M. D., Med. Director.
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Subjects
Ann Arbor Argus
Old News