Congressional Edition Volume N . 5346
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ...less amount received on return premiums and rein-surance 234,990.63 Policy fees waived or retained by agents 192,164.00 Stockholders for interest or dividends (amount declared during the year) 20.000.00 Salaries, fees, and all other compensation of officers and home office employees. 61,934.25 Salaries, traveling, and all other expenses of agents not paid by commissions.. 27,050.00 Medical examiners' fees and salaries 4,650.70 Rents 8,500.91 All other taxes, licenses, and insurance department fees 12,999.62 Legal expenses 210.43 Advertising, SS'S! Printing and stationery t! Postage and express 9.668.44 Furniture and fixtures 2,354.48 Incidental expenses, $7,890.81; traveling expenses, $3,748.50; hospital fees, $1.814.97 13,454.28 Transferred from surplus account to capital stock account as a stock dividend. 100,000.00 Total disbursements $909,676.39 Balance 446,090.74 IV. LEDGER ASSETS. Mortgage loans on real estate, first liens $65,100.00 Loans secured by pledge of bonds, stocks, or other collaterals 34,800.00 Book value of bonds (excluding interest) 300,631.85 Cash in company's office, $1,871.50: deposited in banks, $36,633.88 38,505.38 Cash in branch offices lor current use 1,511.34 Cash advances to agents 4,542.17 Ledger assets, as per balance 445,090.74 NONLEDGER ASSETS. Interest accrued on mortgages $J94. 29 Interest accrued on bonds JS'S Interest accrued on collateral loans 1'"' Js Total outstanding interest 1,685.88 Gross premiums in course of collection on policies or renewals issued subsequent to October 1, 1906 31,709.32 Gross assets 478,485.94 DEDUCT ASSETS NOT ADMITTED. Book value of ledger assets over market value, bonds $3,215.40 Cash advanced to agents 4,542.17 Admitted assets 470,728.37 V. LIABILITIES. Losses and claims: In...
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