All other expenditures, viz.: General expenses of office and agency, printing, &c.. 9,353 08 Aggregate cash expenditures during the year. $169,921 33 V. MISCELLANEOUS. 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.. VI. BUSINESS IN MINNESOTA, 1875. $8,610,223 00 731,091 15 431,917 47 Amount of risks taken-Fire. $111,475 00 Amount of premiums received-Fire..... 1,816 33 Amount of outstanding risks in Minnesota at end of year. 64,450 00 FIREMEN'S FUNDS INSURANCE COMPANY, CALIFORNIA. Principal Office, San Francisco. [Organized and commenced business June 18th, 1863.] DAVID J. STAPLES, President. GEO. B. DORNIN, Secretary. Attorney to accept service in Minnesota, E. B. AMES, Minneapolis. Paid up capital stock.. $300,000.00 gold. I. ASSETS. Value of unincumbered real estate owned.. A mount loaned on real estate security, (first liens,). Interest due and accrued on bonds and stocks not included Interest due and accrued on collateral loans Bills receivable, taken for marine and inland risks. All other property, viz.: Rents due and accrued. $225,000 00 122,372 00 1,380 55 171,147 00 55,750 00 1,897 17 89,823 81 411 16 294 78 52,819 44 26,467 15 125 00 $114,971 98 252,318 40 Net amount of unpaid losses... Amount required to safely reinsure all outstanding risks... All other demands against the company, viz.: Cash dividends, $782.47; borrowed money, $25,000; marine bills payable, $1,842.21; individual accounts, $2,773.24.. Total liabilities, except capital and net surplus.. Aggregate liabilities, including paid up capital and surplus. 30,395 92 $397,688 30 300,000 00 49,800 15 $747,488 45 III. INCOME. Gross cash premiums received.. Deduct reinsurance, rebate and return premiums $668,976 31 Net cash actually received for premiums. $596,091 65 29,571 04 Interest and dividends received from all other sources 3,814 00 22,427 00 Total income.. $651,903 69 All other expenditures, viz.: Interest, exchange, discount on currency, charity, fire patrol home office, expenses east and west, office expenses.. Aggregate cash expenditures during the year............. V. MISCELLANEOUS. $373,272 26 62,699 34 78,232 33 42,947 68 9,503 19 70,182 82 $636,837 62 Total amount of outstanding risks Dec. 31, 1875. $26,469,776 00 Total losses paid from organization of company to date............. VI. BUSINESS IN MINNESOTa, 1875. 4,011,329 00 2,767,422 00 Amount of risks taken, Fire.......... Amount of premiums received, Fire..... Amount of outstanding risks in Minnesota at end of year Amount of salaries paid employes in State. $390,299 00 7,488 68 332,000 00 3,412 59 1,123 30 FIRE ASSOCIATION INSURANCE COMPANY, PENNSYLVANIA. Principal Office, Philadelphia. [Organized and commenced business March 27, 1820.] WM. T. BUTLER, President. JACOB H. LEX, Secretary Attorney to accept service in Minnesota, JOHN S. PRINCE, St. Paul. Paid up capital stock. $500,000 I. ASSETS. Value of unincumbered real estate owned... Amount loaned on real estate security, (first liens). Cash on hand and in bank Premiums in due course of collection Aggregate amount of all actual available assets.. II. LIABILITIES. Gross claims for losses adjusted and unpaid..... $18,168 53 51,807 00 10,782 13 80,757 66 Total gross claims for losses. Net amount of unpaid losses. Amount required to safely reinsure all outstanding risks.. All other demands against the company, viz. : Cash dividends unpaid, $1,680.50; taxes, $1,888.73; commissions, etc., $24,671.24; return premiums, $7,605.76; reinsurance premiums, $371.33; amount reclaimed on perpetual fire insurance policies, $1,550,122 59... Total liabilities except capital and net surplus. Joint stock capital paid up in cash Surplus beyond capital.... $80,757 66 520,171 81 1,586,340 15 $2,187,269 62 500,000 00 875,062 72 Aggregate liabilities including paid up capital and surplus $3,562,332 34 Net cash actually received for premiums. Interest received on bonds and mortgages.. $1,140,440 86 97,313 08 93,024 50 10,877 24 $1,341,655 68 Total income... IV. EXPENDITURES, 1875. Gross amount paid for losses. $507,843 25 Net amount paid for losses Cash dividends actually paid... $507,843 25 138,319 50 Salaries of officers, clerks and other employes. . Total amount of outstanding risks December 31, 1875... Total premiums received from organization of company to date... Losses paid from organization of company to date VI. BUSINESS IN MINNESOTA, 1875. $136,990,166 00 5,013,019 00 1,822,792 81 Amount of outstanding risks in Minnesota at end of year.. 483,004 00 10,221 94 Amount of iosses incurred, claimed and unclaimed.. 11,751 30 FRANKLIN FIRE INSURANCE COMPANY, PENNSYLVANIA. Principal Office, 421 Walnut st., Philadelphia. [Organized and commenced business June, 1829.] ALFRED G. BAKER, President. THEODORE M. REGER, Secretary. Attorney to accept service in Minnesota, JAMES H. WEED, St. Paul. Paid up capital stock.... I. ASSETS. Value of unincumbered real estate owned.. Amount loaned on real estate security, (first liens). Interest due and accrued on bond and mortgage loans Amount loaned on collateral security, (market value $66,543) Interest due and accrued on bonds and stocks not included in market value... Interest due and accrued on collateral loans. All other property, viz.: Deposit premiums, 95 per cent. Aggregate amount of all actual available assets..... $400,000 00 $135,000 00 2,327,886 93 35,519 98 440,952 75 45,050 00 249,089 65 900 00 648 16 73,421 14 356 25 $3,308,824 86 |