The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-02-28

US - OaaEaTn :
MASONS' FRATERNAL
ACCIDENT ASSOCIATION 4
OF AMERICA.
Principal Office, VVestiiel6, NIass.
William Proyn. ......:... President
FRANK bowler. Secretary
Incorporated Aug. Is, 1887
Commenced Business Oct 1, 1887.
Attorney for Service of Process in Minnesota,
W. 4. Burton, ST. Paul.
Net Assets Dec. 81, previous
year. SX ls5J6. J9
INCOME DURING 1885,
membership fees ................... $29, 46O. 90
1890, Us t...t.....'''.. ..''...'.. 4Oo40. ~
Assessments-Mortuary T7,279 so
Received from all other sources. 3,O9S 81
Total income .s15O, $40 SO
DISBURSEMENTS DURING 1885,
Losses and claims paid. ........... $50 1882 60
Commissions to agents. ............. "a TAI 81
commissions for collecting assess
ments 800. .................. 49,. 5,7sS .65
Salaries of managers and agents. $4,000
Salaries of officers ........ $3.50. 90
Other compensation of Of
4.43O .Os
Salaries Of office employees . 5O25 90
Medical examiners fees ........... GAP 90
rent ...... OBSERVATION-DISCLOSURES. $799 ~
Advertising and printing Isis Is
- 40S7 81
All other items. Observation-Disclosures. Il, 242.77
Total disbursements ........... SIS, $50 .2s
INVESTED ASSETS.
Stocks and bonds owned, cost value $3.50 90
Cash in bank on emergency or re-
serve fund account ........... 1856 "A
Other deposits in bank ............ 4,621 %
Total ...... ........ .......... SIS, III SO
NON-INvESTED ASSETS.
Furniture and fixtures ...:....... s5,OOo.Oo
Market value Of bonds and stocks
over costs 800. ................ $50 90
Total non-invested assets ..... $3.50 90
LIABILITIES.
Advance assessments .. $2,166 so
All other mot including contingenD 744 %
Total actual liabilities ......... $2,s1O.72
CONTINGENT ASSETS.
NAoSSSSAACAIo S1AAOu dAu AOI YET
due ...... ............ ............ s22, 49,. so
Assessments due and unpaid. $3.50. Il, 951 10
Assessments not yet called
for losses unadjusted ..$20, 600. 90
resisted ............ Id, QUO W
reported .............. 10000
-- $4,000 90
Total due from members ...... $73,145. so
Deduct cost Of collections. ......... 1861.
Net amount due from members. SIS, 44S .2S
...-. CONTINGENT LIABILITIES.
Losses in process of adjustment
Losses reported C1o. D.......... 5000. 90
Losses resisted ono. 3).............. 1900 90
All other contingent liabilities. 425. co
Total contingent liabilities go. $3S, 425. 90
-t~| TOTAL BUSINESS OF 1885,
Total Business
-. ..-,.,.- Number. Amount.
IN force Jan. 1. II 773 SAT, 256 $40 90
Written during the year.
4a $5,692O0; reinstatements,
,a, Total :. ........... IS, 377 81, 031 O4O 90
Ceased during 1896. gill 2O,SSS 500. 90
In force Dec. 1...... r. 2ss s5o,s42 $40 90
G Claims 1nD4d J 51nt 1896 $50 sS9
Total ... .............. 966 $11S,S07. 60
Claims paid during 1885,. s55 sso, 1882. go
Policies terminated by d..
Qedtn b ~ QUO. 90
Policies terminated by
lapse ...... ..............6 105 q, 1858 500 90
Business in Minnesota
Number. Amount
In force Jan. 1........... l. 721 $50, 1856 $50 90
Written during the year.. 1925 $685. 400. 60
Total. -. $3.50. ss47 sl2.571, oso 60
Ceased during 1896. ....... 1908 4,S4S 900 90
In force Dec. 81. 2.144 $7,722, $40 90
Claims unpaid Jan. IT,. 8 $4,000 90
Claims incurred during
Total ...... ............ 1877 $31, 52S IA
Gains paid during 1885,. 1874 s16,628 IA
Policies terminated by
death $500. ........... L 5,OO0.0O
Policies terminated by
lapse ................ j. 2O2 4,643 O90. 90
INCOME DURING 1896 IN MINNESOTA
Membership fees Observation-Disclosures. $4,000
Assessments ACKNOWLEDGEMENTS. II, 1897 GO
Total income ................ .S26, 232 90
DISBURSEMENTS DURING 1896 IN MIN
NESOTA.
Commissions and fees to agents.. 9S74 SIS
Rents and all other expenses ...... ia 90
Total disbursements ........ SIG, SIT. SO
approximate.