The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1875-03-25
INSURANCE.

CONDITION AND AFFAIRS
Or THE
q. s. BRANCH OF THE
LIVERPOOL, LONDON and GLOBE
INSURANCE COMPANY,
of London, England.
FOR THE 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 E. PULSF0RD.
Assistant Secretary, Arthur Pell
II : Principal Office, 45 William street NY.
Organized and Incorporated, 1855 Com
meneed business in United States, 1851.
CAPITAL AND ASSETS.
Value of real estate owned by the
Company ..-..--.s 44ZoVO w
Loans on bonds and mortgage
duly recorded and being first
liens on the fee simple L........-- ,234, 4OO W
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 VI. v.
L s 5-2)s, stock. 5000, 900 SlUl ,6lo %
L. S. 10-40s, stock. loo,OOO ZI-uoo =
IT, s funded debt of -
81, stock .-.-..........-, lOO,UN Ito, ~ W
I. .,o ?. cufleney, 365coo 42s. 361 %
L : SIS of 81. stock $1,000 lo6,3l2 80
South Carolina per -
cent bonds, stock. O,VUO o.VoO w
Ai bonda stool Per Rs'.. cent 10000 $500 90
M stoek @a.. ..... 5000 1900 90
ol nsr % cen $500 stocI 500 5000 %
Total p. and m. value, "--
carried out at IN.
yalne ...''............ 81, $4,000 $1,000. 500 70
All other loans made by the Company, classl-
fed follows, viz
On w. j. c., on security of lie =
policy 200 %
Cash belonging to the Company,
deposited in bank -,
PheniX Bank. .......S 30, oo9 oo
Ng~ ~ i1,.e '.. 5000 90
Interest due and accrued on col II
lateral ................. 8,431 %
"F co1ector 3l97 O1 At
Bills receivable l4,o'4 81
All he o' Comn ptOP'.'' 80 80 1888 s.
Aggregate a. of Assets of Co, in ------
the U. s., at their actual value 80, ,o3Z 81
LIABILITIES
Gross claims for losses, adjusted
and unpaid .--........... None.
Gross losses in process of adjust
ment. or in suspense, including
Losses unadjusted ..................... 67,2SI 81
los losses esG unpaid ,' - 49, $24O,255 81
Amount required to safely rein
sure all outstanding risks. ,342. 73l 81
Reinsurance fund and all other
liabilities, except capital, under
the life insurance, or any other
special department ...:.......... 1O9, 4O8 80
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 rs, brokerage, and other
charges, due and TO become due,
to agents and brokers prem
iums paid. and in course of col
iums -. Totai.......... s.. $3.50 %
Aggregate amount of all liabili-
ties in the United States, inclu-
ding paid-up capital, stock,
scrip reserve and net surplus. 81 O4S $50 90
Total losses in the U. S. paid frsm
its organization to date............ 20l22 64S 09
Amount deposited in different
States for the security of poll
cy-holders in U. s., $775, 900; de-
posted as follows: In the State
Of Mississippi. 10000 90
Virginia ....... ............. 45 o 90
Ohio ........ 100000 60
Tennessee 10000 90
South Carolina $1,000 90
Alabama, 10000; Massachusetts,
200 2lO,OOO %
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 U. S.
Branch of the Liverpool and London and
Globe Insurance Company, being duly sworn,
depose and say, and each for himself says,
that they are the above described officers of
the said Company, and that on the 31st day
of ha 10 ct oil ha hoEra Il Cd A.
sets, were the absolute property of the sa; d
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 hereunto annexed and
by them subscribed are full and correct ex-
hiblt 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,
pectively.
J. E. PULSFORD. Resident Secretary
ARTHUR PELL, Assistant Secretary.
Subscribed and sworn to before me. this 10Th
February, A. d. 1879.
H. 81 JOHN F. DOYLE, Notary Public
STATE OF New YORK,
County of New York.
l. VIM. Walsh clerk of the city and county
of New York, do hereby certify, that John +.
Doyle, whose name is appended to the jurat of
the above deposition was, on the day of the
uate InereOII Il notary HuDl1c, IN ana Tor 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, 1875.
isl VIM. WALSH, Clerk.
STATE OF MISSISSIPPI Scr.
1, W. H. Gibbs, Auditor Public Accounts of
the State aforesaid, do hereby certify that the
foregoing statement of the Z. S. Branch of the
Liverpool and London and Globe Insurance
Company of Liverpool, England, is truly and
copied from the original on file in
my office.
Given under my hand and official seal, at
J Jackson this lst day of March, 1873
w II. GIBBS, Auditor Public Accounts.
BAERROVVS 81 SNIYT1EE, Agents,
jackson, Miss.