Press enter after choosing selection

Classified_ad

Classified_ad image
Parent Issue
Day
13
Month
April
Year
1892
Copyright
Public Domain
OCR Text

TWÉKty-fOUKTH AWUAL $f AWW OF DETROIT, MICH., For the Year Ending December 31 st, 1891. 1 REVENUE ACCOUNTReceived for Premiums, ..-.--.$ 882,514 26 Received for Interest, .....-- 179,689 80 Total Income .... $1,062,204 06 Disbursements for Death Claims Dividends, Matured Insurance, Surrender Values and all Expenses, ... $ 654,994 20 Balance to Investment Account, - - $ 407,209 86 ASSET ACCOUNTCash in Bank, ......... 126,940 14 First Mortgage Liens on Real Estáte, ..... 2,428,303 80 Real Estáte, ........ 225,406 59 Loans to Policy Holders secured by Reserves, .... 305335 88 Agents' Balances ........ 8,537 23 Bills Receivable ........ 32,951 67 U.S. Bonds and Stock Cüllaterals, ...... 11,92375 Interest and Rents accrued, ...... 54,251 61 Interest and Rents dne, - - .... 32,858 82 Outstanding Premiums, secured by Reserve Fund (20 per cent, loading deducted), - - - - - 205,036 04 Deferred Premiums, secured by Reserve Fund (20 per cent, loading deducted). ....... 36,681 45 Total Assets, - - - $3,468,726 98 LIABILITIES. Amouut oí Reserve Fund, American Table (i)4 per cent.) - - - $2,976,778 00 Deposits of Policy-Holders, ...... 420 92 Death Claims, not due, ....... 18,209 2l Surplus, ...---... 473,318 80 Total, - $3,468,726 98 New Klsks assuined iu 1891, - - - - -.' 6,927,921 60 Increase of Assets, ....... 461,173 85 Increase of Surplus, ....... 38,761 85 During the ycar 1891 this Company loaned to Policy-llolders OTCr $70,000.00 upon Endowment Polines issinnoil to it as security, the Reserve i 11 ench case being iu excess of the Loans made. The total amount paid to Policy-Holders by this Company to date is, - $3,860,256 03 Hon. T. W. PALMER, Pres. O. R. LOOKER, Sec'yS. R. MUMFORD, VIce-Pres. H. F. FREDE, Ass't Sec'y. G. W. SANDERS, Actuary. W. F. RAYNOLDS, Consulting Actuary. J0BF" ENEKGETIC AND EXPERIENCED AGENTS WANTED. ADDEESS THE SECEETAKY.

Article

Subjects
Old News
Ann Arbor Courier