Attorney to accept service in Minnesota, JAS. H. WEED, St. Paul. Paid up capital stock. $500,000.00 I. ASSETS. Value of unincumbered real estate owned.. $17,109 49 Amount loaned on real estate security, (first liens) 326,025 00 Interest due and accrued on bond and mortgage loans. 1,897,65 925,802 50 Amount loaned on collateral security, (market value $193, 862.00).. 114,850 00 Cash on hand and in bank. 102,756 92 Interest due and accrued on bonds and stocks not included in Net amount of unpaid losses... $99 043 68 587,717 75 Amount required to safely reinsure all outstanding risks..... All other demands against the company, viz.: Taxes, commissions due to agents on premiums paid, $10,143.31; return premiums, $3,111.15... Total liabilities, except capital and net surplus. Joint stock capital paid up in cash Surplus beyond capital.... Aggregate liabilities, including paid up capital and surplus... 13,254 46 $700,015 89 500,000 00 392,759 20 $1,593,775 09 Net cash actually received for premiums.. Interest received on bonds and mortgages.. Interest and dividends received from all other sources. $1,059,737 55 91548 45 $968,189 10 22,339 33 54,250 20 Amount paid for State, National and local taxes. $433,813 10 45,000 00 50,560 00 158,013 06 19,071 89 All other expenditures, viz.: Printing, advertising, stationery, maps, postage, rents, &c... 164,058 16 Aggregate cash expenditures during the year........ V. MISCELLANEOUS. $870,516 21 Total amount of outstanding risks Dec. 31, 1875......... Total premiums received, from organization of company to date.... Total losses paid from organization of company to date.. $96,948,932 26 7,354,197 54 3,872,025 10 VI. BUSINESS IN MINNESOTA, 1875. Amount of risks taken, Fire.... Amount of premiums received, Fire. $1,391,688 00 Amount of losses paid..... Amount of losses incurred, claimed and unclaimed. Attorney to accept service in Minnesota, HUGHSON & HEMENWAY, St. Paul. Psid up capital stock.. $1,000,000 00 I. ASSETS. Value of unincumbered real estate owned....... $398,175 60 Amount loaned on real estate security, (first liens) 751,750 00 Interest due and accrued on bond and mortgage loans 28,056 56 1,328,275 06 Cash on hand and in bank.. 231,192 84 Interest due and accrued on bonds and stocks not included in 16,583 80 268,218 07 All other property, viz.: Rents due and accrued, $2,272.70; 9,932 95 Aggregate amount of all actual available assets $3,032,184 88 II. LIABILITIES. Losses in process of adjustment or in suspense. $205,634 68 Amount required to safely reinsure all outstanding risks........ All other demands against the company, viz.: Cash dividends to stockholders unpaid, $3,345.00; commissious, etc., $26,250 00.... Total liabilities except capital and net surplus. Joint stock capital paid up in cash... Surplus beyond capital... 29,595 00 $1,241,115 37 1,000,000 00 791,069 51 Aggregate liabilities, including paid up capital and surplus $3,032,184 88 III. INCOME, 1875. Gross cash premiums received..... $2,060,918 44 Deduct reinsurance, rebate and return premiums 147,511 83 Net cash actually received for premiums. Total income... $1,913,406 61 49,285 53 90,917 81 13,114 47 $2,066,724 42 Amount paid for State, National and local taxes.. All other expenditures, viz. : Printing, advertising, traveling expenses, etc... Aggregate cash expenditures during the year... 43,145 72 108,220 26 $1,745,269 95 Total amount of outstanding risks December 31, 1875.... $139,965,539 00 29,332,240 27 19,276,967 43 $2,847,076 00 46,854 39 13,939 48 HOME INSURANCE COMPANY. NEW YORK. Principal Office, New York, No. 135 Braodway. [Organized and commenced business April 13th, 1853.] CHAS. J. MARTIN, President. JOHN H. WASHBURN, Secretary. Attorney to accept service in Minnesota, EGBERT E. HUGHSON, St. Paul. Amount loaned on real estate security, (first liens) Amount loaned on collateral security, (market value $616,483) All other property, viz.: Salvage property and claims on losses already paid Aggregate amount of all actual available assets... Items not admitted as assets. All notes not given for premiums upon fire insurance policies II. LIABILITIES. Gross claims for losses adjusted and unpaid.... Total gross claims for losses. Net amount of unpaid losses. $3,000,000 00 $2,024,553 19 54,347 29 2,986,062 50 480,750 00 242,894 09 5,789 92 241,729 91 5,833 34 $6,041,959 24 5,062 50 $48,420 97 26,595 10 245,451 80 $245,451 80 1,899,192 32 Amount required to safely reinsure all outstanding risks.... All other demands against the company, viz.: cash dividends to stockholders unpaid.... Total liabilities, except capital and net surplus Joint stock capital paid up in cash.. Surplus beyond capital.. 2,655 00 $2,147,299 12 3,000,000 00 894,660 12 Aggregate liabilities, including paid up capital and surplus $6,041,959 24 Net cash actually received for premiums. |