The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-10-16


force June 80. amounts To si5@12ia. or about
N ulne. ne current y.afg nIr,n,um income a. a, ~
annual average Interest o. about 'r cent the sur
ge @ r, 1E G 5, !s 5 hd 1dsr co%ed b, he
COMPANY VIII rohnniy a.atvi,ie or w. ptese. !,s
standard oi Mar, land Wisconsin New York penn,ylya.
ms, u1. Auu ma.i ,, w. 5,5e'ls nliey
holders ct about spOu more than the cSaetlns Nalna.
due consideration by polio, holders resident in Those
Alter making all proper allowance for depreiauon IN
values. aud excluding every asset w lu"-uonabe worth
- 80 .2-'u2 over per cent reserve and on a.
about Sin-7 si"iTan amount winch very concnsi'ey
exhibits its financial status and ability .,
dntrlOnted ~ return premiums or Ji,dend. TO policy
holders In cons.d ration 4. me mnu' possible c9nun-
lcnc- nhr 20 occur M any wear such ~ unusual NOR
tally unexpected losses, rcdueaun % income, &C the
ien,, and equity would warrant-ihe divide actually
paid on Individual policies appearing to be unusually
The number Of pohee. in iercs At the ists named y WAS
premium reserve ON ihrs ini'i'' mas i,'n 20 oadev.y
computed under onr direction ny cNLcIcncvd Aguar.s;
4, matter nj minrmation It may be proper to state
d the Ninncsoia Mutual Lite Insurance Company.
Every policy holder included IN this arransencnt a..
valued ~ Of .s AND and Ss OF i and its ornS condi
tons aud all rights accruing IA connection Herewith
have been faithfully observed.
INCOMES. EXPENDITURES. sc.
The gross income II the company ier The nr.t six
months "l ihe current wear was Sl'H.3n tie average
ssvII5,is Abou, nvc eight, OF ne present Income &C
sr, r p" s ,e , ubnra ncs r i abe" conn M
nanys Investments Hnd The large interest thereon IL
much arr ,aa .aGSenp t" paw il death losses
working Npc mixtures Tor eN.ral years past ,.. a..
absorbed IN the working expenditure Of IN. company
Sni TIE abscGta c%ncfship py tie conpsy oTy
percent OF ~ business CA winch commissions nav. been
eNtnru-ied tue cos, ol eoh c"n l. edueed 70 "a ini.
mum ratio Tue CONDENSATION ui ssrnt inclnulny trns-
amounts 10 about eieht per cent oi the premium
cepis the commissions alone averaging but traction
oil and new business But the rauooi the entire work.
wide distribution Of -, lonns iudicon.ly placed rs We
think. IN compnrat'eiy mail amounts Tor srea,er se;
curliv and piohthl. Investment. the expense Of
traN,i and examination Dr.n. thereby erenty enhanced
careful nomination OF tic enmpany's book and &c.
counts covering period DISK seven years has shown
employees aud that officer rccves. directly inii.
reciy any comp, ~haeysr eon..nsen on ne 70
any oih' namuer thar by liked salary established an
CONCLUSION.
Its due the company that ts books and sc.
counts IN every department Of It's business show de.
department the record hooks aud all details Of account
SSS%,y and aceurscy throughout hnds anqaaasd
JESSE h HINES,
- in.uIancc Commissioner for Maryland
| PETER DOYLE secretary OF state and
sH RHODES.
lgslran,S, Comm ssioner Of Massachusetts,
Superintendent Of Insurance OF New York
eA.on!clo lns Commissioner Of ninoiA
New York once. 100 Fulton e..
CORNER OF BROADWAY
II. NJ. MUNsELL.
General Agent
Us. GAFFNEv.
Superintendent Agencies Eastern Department