, 1877-09-29

Il
r. W!"! ralnr.
rREMicM NE-EnvE. h,.nrtis, Dr~1DkxD-. Err.
The MT premium reserve, computed hy tho
artuarics' ta!'Ic n 1nortalhy with nterc.t at I
to sl5,:1ti:s3, or alrut SIX times tie rnrrc1lt
yrarIy premium Income. A.. lh!s reserve and
other assets nf the COMPANY arc tnycetcd at Al,
annual average interest Of about y pcr cent tho
sutpIus Interest beyond the <tjI2.tha1 rcttfEc,l
ona per cent reserve, this l!cng the standard
followed hy the Company, VIII prnt,ably ag1rc-
gate for the PRESENT year nearly pr quite t:no,-
20 Tn ~ per rent reserve, the standard VI
Ohio. mil many nihcr States, the surnlus will
t1e mcnslirnbly Increased, showing total aa re-
yards pulley -hnllcrK nf nl.out $f,1n0,gH ,gHk) mara
than tfle exacting valuation hero repurtcd,-
fact which will probably receive due cur4ilcr-
atiIE by pnfcvhottlers rcAlftent In those Gsatcs.
Alter Making all proper allowances for de-
pret iatinn in values aud excluding every asset
OF questionable worth, tho Company's present
.s,arnln', rs regards policy.lotlers, /. s2,ss7.-
per cent reserve such surplus wnuld be III.
creased to about e3,os7, ,:ssl sto,-an amount
which very conclustvcly exhibits It's financial
statls and al!sisy.
Senrlv half nf tho surplus IA annually act
apart to he distributed ns return premiums Or
tltvi,lcntfs to p,lfcy.ilot1ers. in consideration,
ol fhc many possible contingencies ltalc to
occur in any year, stict A unusual mortality,
u,nexpesten ,, . t.*scs. reduction Of Income. ete.
liocrat - prudence and equity would warratt--
tic Dividends actualy tlanl on individual POLL
clcx appearing to hc unusually fnrgc.
lie number of policies in force ut the date
named wns b,J0, COVERING an aggregate ritk
M EGb, W.. Nfs. Tho premium reserve IN these
policies Eas lIcen 40 carefully computed under
our utrertl!n by experienced actuarics, not cn-
ncctctl with the Company. that thcrc can be no
question a. to ts accuracy.
as a tnnttcr Ut information, 1t fnny bc proper
10 etato 'iere tilat, tn July ls;5, this Company
d:iac-lnsl1ranco Cosnpany. amounting to 1,4o0.-
oup p"n sonc zoo lives. Every pollcy-llol,tcr
inelnict! IN t!lih arrangement asscntcsl thereto,
a9t! every pol!eT 20 assumed has t'een valued n
81 nHe mud tlate Ut issue. and ita original co,l-
ultions mi all rights accrnnG In connection
thercwiti, hare been faithfully observed.
INCOMES, ExrEND1TugEs, Erc.
The Er:'ss tnrpInc OF tho Company for the frat
ei1 n0tfha ot tue current year was E, 33ss9
tAe hscraEc a1lflliat amount Tor the last tlre
years having been S3,0l4,GB. Ah,ut five
eigntha ol tAe present Income accrues from
Gompahy's Investments nnd the laFVe interests
thefet'', u tnaY DO mentioned t1ns tho Interest
receipts tloyc been much moro than sufficient
70 pay its deati-'oascs and working expcndf-
T.. n llttie more than onc-tcnth OF tlic annual
income IS absorbed u tue working expenditures
o1 tnc company. with the very Moderate t1tn-
pehSatlon paht 70 agents, anu tlH absolute
o"neettlip ny TIC Company Of IL per rent Of its
uus1nrks Oh Which commissions hart lttcn ex-
tfnguislnd, the cost 1T collection Is 1c,11lt,cl In
q minimum ratio. Tic compctsotlor OF u1ents.
Including travelling EXPENSES, M wnf m cntn.
missions uni .a]urics, amounts 10 nf,ut nrr
ajone aycrarinr hus fract nyer NV ,st,us IL nns fn.
Thcsc ncr,."rt"rn. ira1mS" III ~ r.. esns'
int III" m ~, ~ r. nn,tro ,s,,rtt H.. ,aeess.