Litchfield enquirer., 1860-03-08
SIS sGO 21 s12i G9O 59 %. .Iol:lss

Of the amount of Cash received for ..
 Premiums. ................. ...s''' There has been paid for
 losses and expenses to
 this time. ............ SoI, ,I<o.1O For Dividend of 10 per ct.
 paid on year z renewals BILE SSb.%so.ot Which deducted from the Cash receipts Amount rrcci, ed for in-
 tcrest OH loans last year s1 ,0IcIs
 Due from Agents Npd
 Cash deposited. .... s'2'S "S-- .'.~cS.S1 Cash Fund. s2l .ee4 e Of the amount charged on the books. Sisl 2 co Se
 there has been cancelled. ....., yS ks0 s.
 Balance -, cc..:.......... s26. .1so St And money leaned as atoye,\
 Makes an available Capital of. f....s..- -sf; s1 = RscntrTs AND EXPENDITURES TOR THE YEAN ISe ~. Received for premiums, defincting di,i.
 denu u.....................- ....S5sSSIye, Received for interest on loans last year. 1092.1S'
 sS1s..zs Deduct Losses and Expenses. 2525 e
 Balance resulting to Fund eco. .s5I0 2. Of inc Property insured. d.............S9 S9 i03 s4fS rhelc has he,n surrendered, mostly by
 expiration of policy. ............... .$6, ,bS9,Iet Remaining still insured. .............-.sgGas Gas :.
 The:Compauy have no unpaid losses nor claims of any kind against tlt III.
 They have never made an syuent. aEd SsS. ing the past year, have paid divi'ie Bd sf 70 res cent. on their renewal of tUIcics 0l jnsHgshcs. hi,'h hpN N ifiHp fsrSS Il year. and riolally fer q C lutEIe. They have a bylaw which prevents fhe assoT@ ing of any rink, which, in any contingency, is- wolves the loss of more than S2. ;GO oi pFoperty. Hence there can be no apprehension 0f s7-- F''- turc assessment. The fumes of the C.. ~ loaned OH bonds and mortgages, and @ose rites where they can be made ay sssSS time. fajy meth For the prevention of fraud. and vIsde.a against over iBsuraF C, the Com, jourths of the cash val of buildings. ally, (deducting the oundation Ihe IEn the property destrt .cd-and also. tbe fp value of all partial \ sses on buildings. aBd personal propertycoA lined therciH, wiibiBam, of the insurance. 1h Company have inserted ~ their '' stcrcotypcd pt.icy'' provision by wbiS in any of disagrccm, It in relation t0 tbe I or damage sustained by the nsuItd. tbe qSVssiot.s arising therein shall bcs,bmtiCd O IhrCc juis ices and Gisntcrestcd persons arlira:ors seIestel ia the usual way by both parties or if either Jssty dNpOlHI III SIltII IIc IIS SGOI0 of Probate qualified to act. to make sHeI, attoist- ment. whose award in writing after faiI Lta1ing. shall be final This has been foEnd just. pts npf and very satisfactory ncthOdOl 'jTsiug all claim of doubtfrl character, avoids sli HiiCatiab, and is not expensive. Tlc finant a fsaTs Ot the Com. pany have been managed with the Bi"s rigid eCeao my. The expenses have been mostly fer renewal of policies and the com pensatiOn t0 agents inot exceeding 0 percent) The incidental expenses of rent, postage and other services have not Sxsst6. cd seventy dollars per annum. TEe Eist01y 0f fhs Company exhibits the fact. that strength and nt. ncnt responsibility are necessary tO IebdeT Ou- pany prosperous and give t the full c0BESgb,s s.f tkc public Under the Five Years systs m the Cen. pany barely existed with cash surplus bUf und.- the present. system, and for the last fen years ft has not expended 40 per cent Of it's annual cu.b JS- ecptS, and has become of the strongest C. mia. nes in the State. Other mutual Companies eha1R1 from to 10 per cent. on the property insured s.ss which they receive per cent i each, and tbs lal. ance in noteS-prcsenting large amOUHtjn nOtes capital Our Company have cOntcnted thefs. selves with charging only the amount usEaIIy charged by Stock Companies, and have not mad, the insured responsible for more than tbty uSuld have paid in cash, in annual insurance. To sssi. mate, therefore correctly, the benefits which have resulted to the insured on the mutual priu. ciple, we have only te add the cancelled and un- cancelled premiums charged on the books af tke Company with the cash recriyed-mskfna sa, aggregate of $lTO, $50 80. Deducting the iss,es and expenses, 1851, l2o.I5,) and the balance. SlS9. .al2 05. has been savetl-thuS taking a- s. example, detached risk. at 40 cents os SIo0. less than One-6fth of the premiums has bess used making the insurance cost Iess than [ cents on that sum for each year.
 The Financial Summary of the opesufssr. and condition of the Company, after twentT.ssr years of experience. are the best arguments 1hlrS can be adduced in favor of thc system Of NntnSi Insurance, and should satisfy the most incYean. lous, that it is both profitable and reliable Wke,. judiciousy managed, and at the same time. sn-. aims the eminent responsibility of the Cemnn~~ its claims to public confidence, and its adar1... tion to the circumstances of our communftV, F., such risks as can be legitimately assumed Ev iIs Company.
 In behalf of the Directors,
 J. c. BEcKwITH, pres't
 OFFICERS OF THE COMPANY TOR JS59-cO.--J. u Beckwith, President; J. Whiting. SecEetasv 6' c. Woodruff, Treasurer 1; sheldon Osborn. Cs..,.t Agent. Directors-J. c. Beckwith. Jason whitinr s.,. T. Beers. A. s. Lewis. Sheldon Osborn. rtss'p Catlin, Cha's Adams, H. R. Cott PhiIir q @y~h