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Parent Issue
Day
17
Month
July
Year
1874
Copyright
Public Domain
OCR Text

TIRE INSURANCE. FKAZER, IIARRIMAN Sc HAMILTOK'S .A.a-.E2sra-x OFFICE OVER SA VINOS BANK, Ann Arbor, Michigan. We can now carry f uil Unes in SAFE and TBUSTWÜRTHY Oompanies, and uur rutea are reason&ble. We are now carrying the best business risks in the city. We invite the Public to examine our Registers and judge i'or theniMelves of the kind of bnsinesa we are doing. We make a specialty of Dwelling Houso Insurance, and can give low rates, and good indemnit We represent the following well-known Com panics : The Wcstchester, - Organizcd 1837, Assets, J655,0OO.OO, Jan. lBt 1874. The Allemannia, of Fittsburgh, Pa. Assets (472,000.00, Jan. lst 1674. The Lancaster, ol Lancaster. Fa. Organizcd 1838. Assets $337 ,000.00, Jan. lst 1874. The Michigan State, of Adrián, Organized 1859, As ts $304,000.00, Jan lst, 174. The National Fire Ins. Co. of Phli. Aasets $567,000.00, Jan. lst, 1874. The Globe, of Chicago, 111. AaaeU $460,000.00, Jan. lst, 1874. The Atlantic & Faciflc, of Chicago, III. Assets $330,000.00, Jan, lst 1874. City, Providence, R. I. Assets $182,000.00, Jan. lst, 1874. The Watertown Flre Insnrancc Company, of Watertown, N. Y. Assets (666,000.00, Jan. lst, 1874. The Watertown was organized in Deo., 1S67, since which time ita premium receipts and losses have been as follows to wit : Premium Keceipts, Losses. Jan. 1,1868, }month - - $1,204 28 J 1869 .... 39,833 46 $1,S66 00 " 1870 - ... 46,642 69 6,297 42 " 1871 ... - 66,605 16 15,314 61 " 1872 .... 141,417 03 2J.C16 97 " 1873 - - - 214,985 19 63,1(# (S " 18T4 .... 352,228 01 106,2m 04 Cash premiums received in B yearn - $740,695 89 Losses in 6 yeam - 220,94fi 3Í Actual losses less than 30 per cent of premium receipU. Ezcest of premiuum receiptt over losses .... .$519,6-tu 60 IMCBEA8E OF Ai-:TS. Jan. 1, 1808, assets with $100,000 Capital. .$101,364 31 Do. 1869, do. - - . . J22.684 6U Do. 1870, do. - - . 148,431 47 Mlh' - ■ ■ - 158-893 98 TT' ír' J ?' ' " - 338,603 13 ,18J3 do 441,500 64 Do. 1874. do. - - . 656,849 54 i nis shows a steady average gain in assets of over $75,000 each-year. Official statement of gross assete and liabilities Jan . 1, 1874. to wit : öross oöioially admitted assets - - $556,849 90 Omcially calculated liiibilitie, includinif reinsurancefund - . 217 104 61 Suiplusastopolioyholdcrs - - $340,745 29 If thia record is evidence of bad management safety and proflt to policy and stockholdere would wish that other companies had a little of it. 1 he puhcy and practice of this company have been steadily 10 increase its flnancial sohdity, by which justly to command the confldonoe of the public. To this end all surplus premium receipts have been retained, allowing the stockholders only legal interest on the assets. The interest on its invlsted funda pays all dividends, leaving all surplus premiums for ! the addmoual secunty of the pollcy-hoíders. ' All we ask is that the people shall investígate for themselvea, and we do not fear the reault. FEAZER, HARRIMA & HAMILTON, Office over ttae Savlnea Bank, H7in6 Ann Arbor Mlch gpecial Notice! FOR THE NEXT 60 DAYS - TIIE - ISTIsr ARBOE TRADING ASSOCIATIOS VVill sell their Spring and Sunimer stock OF DRY GOODS, dress goods, capethstgk At New York cost, FOR CASH ONLY. 500 nicely trimmed 16 bone Corsets at 50 cents, worth $1.00. 100 pieces Prints at 10 ets. per yard. 100 pieces Border Prints at 10 ets per yard. 50 pieces, yard wide. Bleached Musr lins, fine and soft finish, at 12$ ets per yard. Together with a very large Stock of other Goods -wrhich will be gold very heap FOE CASH ONLY. COME AND SBB PRICES. July 1, 1874. G. W. HAYS, Supt.

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Subjects
Old News
Michigan Argus