Michigan Mutual Life Insurance Co.

TWWy-fOURf H ANNUAL SíAíTOí O K DETROIT, ?IICtt., For the Year Ending December 31 st, 1891, REVENUE ACCOUNT. Received for Premiums. ----_. ooo -.1 c Received for Interest, - - - - - . . íTOjiv! - Total I.ncome - . . $1,062,201 06 Disbursements for Doath Claims Dividends, Matured Insurance. Surrendcr Vaíues and all Expenses. - 054 994 -(j Balance to Investment Account, - - $ -107,209 btf ASSET ACCOUNT. Cash in Bank, - - ---... 120 940 14 First Mortgage Liens on Real lístate, - -jd-jaW uKeal HíState, -----_._ io5 aqc r.q IiOans to Policy Holders secured by Reserves, - - - . "a'n"-, V Agents' Balances, - - - 8537 2hills Keceivable - - - - - - . 5?í 7 U. S. Bonds and Stock CulliueruK - '11'-'Interest and Rents accrued, ----.. 54'Jíi si Interest and Rents dne, -----.. '■''Ísk 82 Outstanding Premiums, secured by Reserve Fund ('20 per cent, loadine; dedueted), - - ... 20503604 Deferred Premiums, secured by Reserve Fund (20 per cent loading dedueted). - - ... S6fi&1 45 Tota i, A8SBT8, 8688 98 LlABlLlTlES. Amount of Reserve Fund, American Table (i per cent. - - - Q7(; 770 na Deposita of Policy-Holders. - -y. . . _ ' V cí Death Claims, not due, ----.. isoSn .,7Surplus. - . " 4gg Total, --.'-.-. $3,468,726 9H Nfiw Kisks a.ssumed la 1891. -■---. n n7 Q91 Krt Ulerease of Asscts, --.... Hi'lM a[neniase of Surplus, sa,761 8S During the ycar 1891 this Compsnj loaned to Policj-Holders over $70,000.00 npon Kndomncut polieies assigned to ít s seennty, the Reserve n each case being in exeess of the Loans made. The total amount paid to Poliey-Holders liy this ('ompany to date is, - $3,860,350 O Hon. T. W. PALMER, Pres. O. R. LOOKER, Sec'y. S. R. MUMFORD, Vice-Pres H. F. FREDE, Ass't Sec'y. G. W. SANDERS, Actuary. W. F. REYNOLDS, Consulting Actuary. OT" BNBBOBTIC AND EXPERIENCED ACENTS WANTED. ADDRESS THE SECRETARY.