The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1875-03-18
INSURANCE.


-oFTHE-
CONDITION AND AFFAIRS
-oR THE
Z. s. BRANCH OF THE
LIVERPOOL, LONDON and GLOBE
INSURANCE COMPANY,
Of London. England.
FOR TIE YEAR ENDING DECEMBER 81, 1874,
Made to the Auditor Of Public Accounts of the
State OF Mississippi, pursuant to the Laws
Of said State
| Resident Secretary, JAMES L. PU LSFORD.
| Assistant Secretary, Arthur PelL
/ u ;. Principal Office, A. William street, Ny
| Organized and incorporated, 1855. Com
mencei business IN United States, 1901.
! CAPITAL AND ASSETS.
| Value Of real estate owned by the - -,
Compan v..-...-... 44-UOJ W
| las on bonds and mortgage
| duly recorded and being first
liens on the fee simple }..-.......-- 81, 40O ~
Amount OF Stocks, Bonds and
| Treasury Notes of the United
/ States aud OF this State, and OF
/ other States, and also Of stocks
and bonds of incorporated cities
/ in this State and of all other
stocks and bonds. owned abso-
| lutely by the Company:
Total P V. Total NJ. V.
| L : 5-2)s stock. 5000, 900 SlOt,6IS -
| e : IO-40s, stock. lSo,O00 ZI-OJo -
I o. 5 funded debt Of 49,, ~,
81 stock ..............., IUO.Ou Ilo, 'U W
/ L. 5 currency. 6s, 1900, -
r : - of 81 stock 5000 I06.3l2 80
/ South Carolina per 800, ~,
cent. bonds, stock. ZO,OOO o,OoO w
Alabama per cent go, o.,
bonds, stock.--.....---- lo.OuD ooVo W
stock ~@.ra@ 5000 1900 90
CITY yr o. csr Hie stoeR 500 5000 o.
/ Total =. and IN. value, ------
carried out at IN. -,. :,
value 81 ,399'oo SltpOuC'o ~
| All other loans made by the Company, cIassi-
fed as follows, VIZ
/ On w j. c., security OF life
policy ......... 500 ~
| Cash belonging TO the Company,
deposited in bank: 1900 %,
Phcnix Bank .....-S 80 oo9 ~
NG nap orA .s anu u. , 5000 90
Interest due and accrued on col
lateral loans lofol %
'roTi PTEr5ios II uue .Du..e 8l97O1 A.
Bills receivable. l4iott -
AL The Coz Com5papR 2s93 s.
Aggregate a of Assets of Co., in - -------
the U. s., at their actual value -, IL 3D. 81
LIABILITIES:
Gross claims for losses, adjusted
andunpaid.. d.. -. -. 80. None
| Gross losses in process of adjust
H.. q
all reported and supposed losses l4296I q
Losses unadjusted o., 2S1 d
! Total gross amount of claims for
losses unpaid S24O,201 Il
! Amount required to safely rein
sure all outstanding risk ,342, I3l 81
Reinsurance fund and all other
liabilities, except capital, under
special sIl departures ..... -. 100 40s 50
| All other demands against the
Company, absolute and contin-
gent and to become due, admit
ted and contested, viz:
u. s. taxes due and accrued -,
State, city, county or other tax
es and assessment, -..........
| Comm ms, brokerage. and other
charges, due and TO become due,
to agents and brokers prem
iums paid. and in course of col
lection, $63, $40 ~ return prem
iums -. Totai.............. -. 63,94O %
Aggregate amount of all liabili-
ties in the United States, inclu-
ding paid-up capital stock,
scrip reserve and net surplus. 81, O4S, $50 60
Total losses in the U. 5. paid from
its Organization to date........ O.I22,G4S 90
Amount deposited in different
States, for the security of poll
cy-holders in L. s. S175, 900; de-
posted as follows; In the State
of Mississippi... 10000 90
Virginia ........... $50 90
Ohio 100000 90
Tennessee 1000 W
South Carolina 5000 %
Alabama, 10000; Massachusetts,
2lUOOD OO
New York 10000 Oregon, $1,000 100000 90
STATE OF New YORK
COUNTY OF NEW YORK .
James E. Pulsford, Resident Secretary and
Arthur Pell Assistant Secretary of L. s.
Branch of the Liverpool and London and
Globe Insurance Company, being duly sworn,
depOse aud say, and each for himself says,
that they are the above described officers of
the said Company and that on the 31st day
of DccpYphp last. all the above described As
sets, were the absolute property Of the sad
Company. free and clear from any liens or
claims thereon, except as above stated; and
that the foregoing statement, with the sched-
ules and explanations hercunto annexed. and
by them subscribed are full and correct ex-
hibit of all the liabilities and OF the income
and expenditures, and OF the general condition
and affairs of the said Company. on the said
3lst day of December last and for the year
ending on that day, according to the best of
their information, knowledge and belief, res
pectively
J. Z. PULSFORD, Resident Secretary
ARTHUR PELL, Assistant Secretary.
Subscribed and sworn to before me. this 10Th |
February, 4. d. 1875.
IL. s. JOHN F. DOYLE, Notary Public.
STATE OF NEW YORK,
County of New York
1, VIM. Walsh, clerk of the city and county /
of New York, do hereby certify, that John F. /
Doyle, whose name is appended to the jurat Of
the above deposition was on the day Of the
city and county of New York, duly authorized |
to administer oaths, for general purposes and
that | am well acquainted with the hand
writingOf the said Notary Public, and verify
believe, that the signature of the said desposi-
ton, is genuine.
In witness whereof, have hereunto set my
hand and affixed my official seal this 10Th
day of February, 1870.
e.. 81 WM. WALSH, Clerk
STATE OF MISSISSIPPI Scr.
l, W. II. Gibbs, Auditor Public Accounts Of
the State aforesaid, do hereby certify that the
foregoing statement of the U S. Branch of the
Liverpool and London and Globe Insurance
Company, Of Liverpool, England, is truly and
correctly copied from the original on file in
my Office.
Given under my hand and official seal. at
Jackson, this lst day OF March, 1915
W. II. GIBBS, Auditor Public Accounts.