The star. (Cincinnati [Ohio]) 1874-1875, 1875-04-14
I THE WASHINGTON
LIFE INSURANCE COMPANY,
Of New York.
STATE OF OHIO, INSURANCE DEPARTMENT,
C0LuMBILE. EehrnarY 9Th. 1878.

STATE OF OHIO, INSURANCE DEPARTMENT,l
COLUMBUS, February 18th, 1875. \
wv HEREAS, The WASHINGTO LIFE IN
w SURANCE, COMPANY, located at New
York, hi the State OF New York, has filed in
this Office a sworn statement, by the proper oti-
GERS thereof, showing it's condition and busi-
ness, and has complied IN all respects with the
laws of this State, relating to Life Insurance
Companies. organized by the act Of congress,
or by OF under the laws Of any other States OF
the United States:
Now, therefore, in pursuance of law, !, VIII
liam b. Church, Superintendent of Insurance OF
the State Of Ohio, do hereby certify that said
Company is authorized to transact its appropri-
ate business of Lie Insurance in this State. In
accordance with law, during the current year.
The condition and business Of said Company at.
the date of such statement (December 3lst,
1874 is shown as follows:
Amount OF Joint Stock OF Guarantee
Capital paid p....,,.............. $l25.UO0 w
Aggregate amount Of admitted As
sets ............... ..-....,...... 44oa,694 "a
Unadmitted Assets amounting to =,
$4,000.
Aggregate amount of Liabilities, in
cluuing $3,64s,55O for Reinsurance
reserve ACKNOWLEDGEMENTS. 3,I4,u0A ol
Amount of Income for preceding
Amount Of osi, Expenditures for the pre-. -
ceding year in cash ............... 766,2S1 az
In witness whereof, have hereunto subscribed
my name, and caused the Seal of my office,
to be affixed, the day and year above
written. -
[sEAL.l W. f. CHURCH, Sup't.
Under date April sth, the President writes as
follows:
We have this day received certificate OF
the valuation OF our policies by the New lork
Insurance Department., upon the standard OF
connecticut (actuaries per cent?, the highest
standard OF reserve requi, ed in any part Of the;
country. lhe result is gratifying In the ex-
treme to the officers and managers OF the
W WASHINGTON, and will be to every one in
tereSteu in the Company.
The figures are as follows:
Actual Investments. $4,lS5.S26 40
Deferred and uapaid
premiums ..... ....... S0z,'o' 30 ...
Gross assets Dec. 81, 1874. ..... 4,41s,624 "A
Cash reserved for poncles, &C.:
ActuaIies mortality, 4
per cent. interest. S3,94l,19J w
Liabilities for claims. 65,saO %
s4,Ol8,e3O %
Surplus as regards policy holders. s40s,5o4 Al
II from this we deduct capital..... $l25,0JU OJ
We have divlsible surplus Of. ..... ssSO,5D4 Al
From this 1t appears that, without ever hay
ing missed paying a dividend, the Washington
has attained the proud position In which,
First, The actual Investments cover all out
standing obligations OF every sort, including
the caplIal stock.
second, After ample reservation for all such
obligations, upon t'se nlSneet recogniZeu stanu-
ard, to make a yearly dividend satisfactory
10 policy holders.
Th S is strong, an enviable position, one at
tanned by few, very few companies, anu when
lully understood and apprecl ated mast increase
the pubic confidence in this sterling company,
whose policies are as good as a bond Of the
United States.
PLAN OF BUSIN ESS.
PREMIUMS RkQUIRED In CASH.
DIVIDEN DIS PAID ANNUALLY IN CASH.
ASSETS ARE HELD IN CASH.
POLICIES ARE PAID IN CASH.
Agents desirous of canvassing for this COM
pany and ali persons wishing insurance or
further lnfornation will please address
THOM As KITE,
General Agent.
I9S Vine street.
Test Medium.--Mrs. M. S. Smith, Test Medi-
um. Room 2, 100 W est Fourth st. ma24-tf