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Michigan Mutual Life Insurance Co. E

Michigan Mutual Life Insurance Co.  E image
Parent Issue
Day
14
Month
February
Year
1896
Copyright
Public Domain
OCR Text

28th 3ST3ÑrXJHj STATEMENT OF THE OF DETBOIT, OVEICKC. For the Year ending December 31st, 1895. REVENUE ACCOUNT, Receivedfor Premiums ? $1,030,513 25 Ueccived for Interest and Rente-- -- - 250.231 13 Total Income--- -- 1,280,749 38 Disbursemeuts for Death Claims, Dividends, Matured Insurance, Surrender Values, and all Expenses 905,161 18 Balance to Investment Account - - $ 375,588 29 ASSETS, Cash in Bank - - Í 79,7844 First Mortgwre on Real Estáte 3,850,127 21 Real Estáte, including-Home Office Building 416,351 08 Lonns to Policy Holders secured by Reserves 411,38 60 Agents' Balances : .- ■ ,?-?28 51 Bills Receivable - 5,H75 8 Bonds - - -- 3???Z? Interest Due and Aecrued --- 121,14b i'ti Rentsdueand aecrued - - 2,4n4 81 Net Outstanding Premiums, seeured by Reserve Pund 64,393 60 Net Deferred Premiums, secured by Reserve Fund - 28,006 (S Total Assets -- - - .5,044,961 85 LIABIL1TIES. Amount of Reserve Fund, American Table (4 per cent) --- $4,673,007 10 Deposits of Policy Holders - - '- 3,413 98 Premiums Paid in Advance 1,808 2 Unpaid Dividends - - l. W Death Claims notdue - ■- --- lb.ij'JU oa Surplus on 4 per cent Table, New Standard, voluntarily adopted by the Company . 348,602 83 Total Liabilitiea - - $5,044,981 6 Surplus on 4 "4 per cent Standard as per Michigan Law Ï56V.793 0 POLICY ACCOUNT. Policies Iseued d uring the year „?ƒ? , Amount Insured thereby -- 5l?í0,'?S tt Policies in forcé December 31st, 1895 ------ - 15v 06imount insured thereby, mcludins additions - -'.„SÍ í. Total amount paid Policy-Holders since orsanization $a,816,92í 84 O. R. LOOKER, President. ' JAMES H. CUMMINS, Secretary. O. A. KENT, lat Vice-President. G. W. SANDERS, Actuary. HOYT POST, ünd Vice President C. A. DEVENDORF, M. D., Med. Director. B. J. CONRAD, Agent, Ann Arbor, Mich.

Article

Subjects
Ann Arbor Argus
Old News