Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1877-05-11

State Stocks. - ,aF ~
Loa' secured by United
States and State ant
Stocks authorized by
Nnw VI '"' ''''o VI s,oo,
COMMITTED Commissions I,0,sI9G5
.a. I, on nan hand H. N RAMS
on inter- st. ,l.,..' lao BIG "a
Balance of Agents Ac-
counts ''''--'--''---'' l'S''' - ,,,--,oo,
1n,o.... ,,5 p.r,, .t,,o @'''t''.'''"
md srcrmc5 NA w S3ts--oq-
n hiii as1' w. , - s''''''- -
TI,usi, Wv anu al -, ,.o,,
n,a,arat n-,,i,,, $500 ."i'r ,n
Marhat VIZ u So '''''i"'
mai :, aiuo % otockS
over Sost ana premium
"h "o'u "h mana $4,000 l+o 30 o,,,,,,
H., 49,. ~. =, 80 50, 5l''5di 81
r,i nsse', re: u, s'i'''f''"f II
s > ~ or q, an, -, a.
Vi al eA's'''s poi'''eS - S'''ifiV w
To,,, ru,,,,,,., -
Ta,ai Ia.h;i,,,. SSIo,-o,,
~ o' on iinniiitie-. 80 sS'oo3.'o3 IL
tne Pc gsdyGeG Surplus on Ton
No. pnsno ~ - 5dS 80 '-'-Vi''V'"
Suring; ;-....-...-..---.-..S25 oA,597 20
From The undivided snrnirs eycIn.iya
reserved by the Finance Committee for contingen-
La @ aviaenus VIII he declared avail
pa,ticinstinS noiicies "'N' """u"' PREMIUM ="
The valuation of the policies outstanding has
heen made on the American Experience Table the
legal stihdGrd OF the state of New York.
Gro. W. PHILLIPS, I ,,,,.:
&c. VAN Ct'E,
The Report OF the SUI erintendent OF tho Insur-
auce Deuartment or the S,.te or Neu yort mazda
&C.,, a-,,,-i..,I- '-a-'
after an examination into the condition o! the So
ciety, which occupied the Chief Examiner Of the
Department, with ten of his accountants, nearly
three months y concIndes as ronows ''''''
..,- -,
ana searching character, and the Superintendent
business has beenSubected tests than this
o. 9 mas, nothing having been taken ioT grant
conscientiousJy and extaustiyeiy scrutinined 10
accomplish this force OF ten persons, uAder the
Nv enand me- 81 tne department mas been stead
tendent Is much ratified M helm ab,e 10 sts,a
mat the result OF this investigation shows the
ame on. "' the ihsttutlon and mat II the
management and conduct from his t,ms rs in ,bs
past. career Of solid Commercial prosI Gritty be-
'oio IT, ,.,,,,, ,,,,.
JOllN r. sMfTH."
'SHpeTiHfendeHf.'
Tho p.r,,, o.
. ~ Nv P0'' Va ANoh'h''tee o! roley -hoiuers ana
representatives OF Policy holders after examin-
tion extendin,- over , ,or;o5 or - - =.
,a,t-S''i-47, V'e' p.i'Ou u horo 'nah Two
''ns' ass'steu ny .ull corps oil experts and ac-
countants) concludes as follows
.sTbe bus;ross. Of ,I;s .,.,;.,,. l. ,...-,
with encr%y .hii,, a 'ee,S nds zen e.nuucteI
L. eI tHr..tr D. afV
il doe- neari ateu III 70, rouhtlhs as
Ojn min, ~, - oou sse,s' ahS apout - w.
ment 80 a,SuiuII- 70 INC ooclety state
mi - ~, 49, inuustIy anu 'l-or on the
pnininn ~ ~ anu uiiectuis, anu, IN me
liz as.nr,nr. s,,.nt ~ H. p ,,, ue rqutanle
-, ~ svee'S III inc lroht RANK oil lLstltu-
VI WHICH . respectfully suomitted'
T. ID. MORGAN,
WIN. a. NIlEELOCk, Il b. SHERMAN
CHARLES s. SMITH. MORRIS h JtSUP |
CORNELIUS y. BLISS, J. NJ. MORRISON,
T. L. fRhNtkLNN, r. u. TAPPEN.
- -
The full Report Of the Superintendent of lnsur- |
ance and tho full Report o. the Committee Of Policy
boi,ar, 49,, ....,.,... : -.
~ VI p''eS -nOiueis
nave heen printed IN pamphlet form, and |
may he obtained by application to the Society or |
o., -. . =. -, ,t...,,., r,,,.. =.
" 'A''"-N'"' NV 'H''o- ''"'e'
anu 'ah'u''
The following is tho Report of tho Finance and |
Executive Cpumitte oF tho Soc;c,v.
M -, .---..-.. :.
conait,on af the Erf,L Iie A, ,re ; anu
by the Insurance Department OF the State of New
YORK, and by Commute OF Policy holders and
Representatives O; Policy holders, has not re axed
IN the slightest degree the customary examinations
by the SANDING and Special &, mmittees Of the J
board ol Directors
In presenting the Report Of the Society, for lS;G,
the Finance Commute state that they have during
that year gwen much attention and labor TO the
cuhslderntlun OF the system by which the business
OF the society is conducted ard its expenses resu-
lated' and have directed the enforcement Of all
rules and methods Tor bringing down the expenses |
Of the Society to, and continuing the same at. the
lowest standard consistent Uifh the greatest fUf-
cheney ~ the administration Ofifs AFFAIRS.
The undivided surplus luna OF the Society is
much larger than Is requisite for the continuance
oi dividencs to policy holers without dimnution,
and in order TO guard against even unex peced de-
pTeciatiOn in investments the COMM ttee have
ReSoired, That eight hundred thousand dollars of
the SAID undivided surplus be withheld from division
among pohcy-holders until the further order Of
thlS committee OF OF the Beard TO cover any pos