Life Insurance Company,
OF HARTFORD, CONN.
| NET ASSETS, January 1, 1881 | $47,833,628.70 | ||
| RECEIVED IN 1881: | |||
| For premiums | $5,238,811.82 | ||
| For Interest and Rents | 2,830,328.08 | ||
| Profit and Loss | 91,626.11 | ||
| —————— | |||
| 8,160,766.01 | |||
| —————— | |||
| $55,994,394.71 | |||
| ———————————— | |||
| DISBURSED IN 1881. | |||
| TO POLICY HOLDERS: | |||
| For claims by death and matured endowments | $3,718,646.87 | ||
| Surplus returned to Policy holders | 1,284,342.53 | ||
| Lapsed and surrendered Policies | 1,081,234.81 | ||
| ————— | |||
| TOTAL TO POLICY HOLDERS | $6,084,224.21 | ||
| EXPENSES: | |||
| Commissions to Agents | $286,797.05 | ||
| Salaries of Officers, Clerks and all others employed on salary | 103,541.93 | ||
| Medical Examiners’ fees | 10,540.25 | ||
| Printing, Advertising, Legal, Real Estate and all other expenses | 276,607.84 | ||
| ————— | $677,487.07 | ||
| TAXES | 454,590.06 | ||
| ————— | 7,216,301.34 | ||
| —————— | |||
| BALANCE NET ASSETS, DEC. 31, 1881 | $48,778,093.37 | ||
| ———————————— | |||
| SCHEDULE OF ASSETS. | |||
| Loans upon Real Estate, first lien | $18,037,201.12 | ||
| Loans upon Stocks and Bonds | 401,303.28 | ||
| Premium notes on Policies in force | 3,347,600.47 | ||
| Cost of Real Estate owned by the Company | 12,657,974.92 | ||
| Cost of United States Registered Bonds | 4,618,853.10 | ||
| Cost of State Bonds | 619,900.00 | ||
| Cost of City Bonds | 2,572,300.84 | ||
| Cost of other Bonds | 3,407,480.00 | ||
| Cost of Bank Stock | 122,761.00 | ||
| Cost of Railroad Stock | 26,000.00 | ||
| Cash in Bank | 2,933,319.50 | ||
| Balance due from agents, secured | 33,399.14 | ||
| —————— | |||
| $48,778,093.37 | |||
| ADD | |||
| Interest due and accrued | $925,583.50 | ||
| Rents accrued | 14,373.88 | ||
| Market value of stocks and bonds over cost | 497,676.02 | ||
| Net premiums in course of collection——NONE. | |||
| Net deferred quarterly and semi-annual premiums | 43,058.08 | ||
| ————— | 1,480,691.48 | ||
| —————— | |||
| GROSS ASSETS, December 31, 1881 | $50,258,784.85 | ||
| LIABILITIES: | |||
| Amount required to re-insure all outstanding policies, net, assuming 4 per cent. interest | $45,810,598.00 | ||
| All other liabilities | 1,060,614.87 | ||
| —————— | 46,871,212.87 | ||
| —————— | |||
| SURPLUS, by Connecticut Standard, 4 per cent. | $3,387,571.98 | ||
| SURPLUS, by New York Standard, 4-½ per cent., about | 6,500,000.00 | ||
| ———————————— | |||
| Ratio of expense of management to receipts in 1881 | 8.30 per cent. | ||
| Policies in force December 31, 1881, 63,913, insuring | $159,039,867.89 | ||
| ———————————— | |||
JACOB L. GREENE, President.
| JOHN M. TAYLOR, Secretary. | W. G. ABBOT, Ass’t Secretary. | D. H. WELLS, Actuary. |
Physicians have Prescribed over Half a Million Packages of
VITALIZED PHOS-PHITES,
And have found this BRAIN AND NERVE FOOD indispensable in the treatment of all Diseases of Debility, and in all Mental or Nervous Disorders.