AMERICAN SURETY COMPANY of
 

New York
 

To Our Stockholders:
 

Statement setting forth the financial condition of your
1937, is enclosed.

The operations for the first quarter resulted in Net
Income and Underwriting Profit less Reserves, at the same
of 1936 notwithstanding an increase th
in Taxes Paid. Admitted Assets now t
the first of the year $564,453 was adde(
Profits and in addition $430,000 w;
Reserve.

Cordially
 


 


 


 

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