Gross cash premiums received....... III. INCOME, 1875. $648,474 67 $598,555 21 29,265 51 47,394 63 Net cash actually received for premiums.. 2,446 08 Salaries of officers, clerks and other employes. Aggregate cash expenditures during the year. V. MISCELLANEOUS. Total amount of outstanding risks, December 31, 1875.. VI. BUSINESS IN MINNESOTA, 1875. $553,091 29 $63,335,077 00 5,550,855 00 4,411,193 00 Attorney to accept service in Minnesota, W. N. HOLWAY, Minneapolis. Paid up capital stock. I. ASSETS. $400,000 00 Amount loaned on real estate security, (first liens). $5,630 00 130 00 440,915 75 -). 37,414 41 notes 20,000 00 Cash on hand and in bank. 42,160 00 Interest due and accrued on bonds and stocks not included in market value.... 6,318 00 Interest due and accrued on collateral loans. 2,925 00 Premiums in due course of collection... 19,263 73 Bills receivable, taken for Marine and Inland risks. 13,912 86 $29,591 10 111,460 76 Amount required to safely reinsure all outstanding risks.... All other demands against the company, viz.: Cash diyidends remaining unpaid.... Total liabilities, except capital and net surplus.. Joint stock capital paid up in cash..... Surplus beyond capital.......... 1,550 45 $142,602 31 Aggregate liabilities including paid up capital and surplus 400,000 00 46,067 44 $588,669 75 III. INCOME, 1875. Gross cash premiums received. Deduct reinsurance, rebate and return premiums $280,861 17 Net cash actually received for premiums... $253,893 09 28,287 00 All other expenditures, viz.: Expense account, premium on gold.... Aggregate cash expenditures during the year. 6,496 58 5,559 81 14,065 76 $165,406 07 Total losses paid from organization of company to date. 253,893 09 69,084 51 ROCHESTER GERMAN INSURANCE COMPANY, NEW YORK. Principal Office, Rochester. [Organized and commenced business Feby. 23, 1872.] FREDERICK COOK, President. RUDOLPH VAY, Secretary. Attorney to accept service in Minnesota, A. V. TEEPLE, Saint Paul. Paid up capital stock $200,000 00 I. ASSETS. Amount loaned on real estate security, (first liens). $103,995 00 976 38 154,175 00 Cash on hand and in bank.. 72,195 99 Interest due and accrued on bonds and stocks not included Net amount of unpaid losses brokerage due agents... Surplus beyond capital... Amount required to safely reinsure all outstanding risks... Total liabilities, except capital and net surplus. Joint stock capital paid up in cash. Aggregate liabilities, including paid up capital and surplus $6,925 80 88,814 86 650 00 $96,390 66 200,000 00 47,407 44 $343,798 10 1 III. INCOME, 1875. $203,028 31 Gross cash premiums received..... Net cash actually received for premiums... Interest received on bonds and mortgages.. Interest and dividends received from all other sources Total income.. IV. EXPENDITURES, 1875. Gross amount paid for losses. 4 $102,960 98 $176,862 34 6,514 66 16,605 75 $199,982 75 Net amount paid for losses. $102,800 98 20,000 00 5,994 65 Amount paid for State, National and local taxes 28,632 01 4,194 61 8,192 65 Aggregate cash expenditures during the year $169,814 90 V. MISCELLANEOUS. Total amount of outstanding risks Dec. 31, 1875 $14,015,699 00 Total premiums received from organization of company to date.. Total losses paid from organization of company to date. 478,397 57 177,663 58 VI. BUSINESS IN MINNESOTA, 1875. Amount of risks taken-Fire.... $7,800 00 200 55 |