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ANNUAL
 

Annual    Statement,    January    1st,     1926
 

ASSETS _

Bonds and Stocks  (Market Value Dec. 31st. 1925)       $43,194,816.00

Real Estate......1,658.345.67

Loans on bond and mortgage          ...          52,500.00

Premiums in course of collection            -          -          2,224,333.50

intereSl, dividends and rents accrued       -          -             347,706.30

Cash on deposit and in office         ...        3,846,837.34

Total A»«ets          -            -          $51,324,538.81
 

LIABILITIES

Unearned premiums         -        -        -       $20,967,675.82

Losses in process of adjustment           -        -        -        2,228,618.83

AH other claims.....516,782.15

Reserve for contingencies   and dividends         -      -         1,110,000.00

Reserve for market fluctuation in securities         -            2,500,000.00
 

Capital
Net Surplus
 

$5,000,000.00
19,001,462.01
 

Policyholders  Surplus
 

$24,001,462.01
$51,324,538.81
 

STATEMENT REQUIRED BY NEW YORK STOCK EXCHANGE
The income   account  of the  company  for the  year ending December 31,   1925, is as follows:

INCOME:

Premiums...............................................................................................$    20,581.148.09

Interest, dividentls. rents.................................................................................       2.050,801.85

Stock dividend and profit on sale of stocks   and bonds (net)..............................................        1,502.742.52

Increase by adjustment in book value of stocks and bonds (niti.............................................        3.452,364.00

$27,587,056.46
DISBURSEMENTS

Losses...................................................................................$    9,717.662.06

bxgenses..................................................................................     8,509.567,92

Dividends.................................................................................      1.199.994.00

Increase in unearned  premium  leserve........................................... .........      3.742,538.80

Increase in special reserves...............................................................      2.600,000.00    25,769.662.78

Net Income.........................................................................................................$    1, 817,393.68

Net surplus January 1,   1926.........................................................................$19,001,462.01

Net surplus January 1, 1925.....____......................----------------------------.............____...................■.   t7.184.C68.33

Increase..............$   1,817.393.68
 

C
 

AMEFLICA    FOR.E
 

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