The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-27

CHAS. G. WHITNEY. Secretary.
The Assets of the Company are Is follows
Cash on hand and in banks and
trust companies ................ 81, 6z2,0 51.S3
Real estate unincumbered.. II. $50. 10000
Bonds owned by the company,
market value ................... 225 059, $3.50
Loans on bonds and mortgages
of real estate, worth double
the amount for which the same
is mortgaged, and free from
any prior incumbrance. ....... 2sl2s.slsos
crued ............................ l.S7o.75.A
premiums .. 54n es
Temporary loans ........... 100000 90
Premium notes and loans. .....t. "a, 75S. 1883
Total assets ................. 500, $40, soo.os
LIABILITIES.
Claims for death losses which
have been reported and no
proofs received .................. N,S0o, l508
Claims for death losses in proc
and n not DUE. @ I5s.s77a
due i and unpaid. ................. s4s.0oss
Claims for death losses and
by the company.................. $4,000
Due and unpaid on annuity
gencies NEUTRALITY-SUSPICIOUS.. n45o7H
Premiums paid in advance. 500 692 10
Dividends other profits due
policy holders, including those
contingent upon payment OF
premiums ...................... 1sszD
standing policies and additions
thereto in force on the 3lst
day of December. 1902. as COM
puted by the insurance de-
partment of the State OF New
York on the actuaries' and
American tables of mortality.
with and per cent. interest,
as follows: Policies known as
the company's per cent. poll
cies, and all policies issued
since Dec. 81, 1900 being valued
as per the American Expert
ence Table of Mortality, with
per cent interest and all
other policies being valued as
per the Combined Experience
Table OF Mortality. with per
cent. interest .................. go 025. 9740o
Present value of amounts not
yet due on supplementary con-
tracts not involving life con-
tngencies computed by the
company, and all other liabili-
ties ............................. S6,5ll2
Additional reserve
policies which the
company val ses on
a higher basis than
that used by the
New York State In
surance ID p a r L
ment. as a b ove
stated ................ S.7l5.71oo
Reserve to provide
dividends payable TO
policy holders in 1903
and thereafter as
the periods mature:
To holders Of 20-year
period policies and
longer ......--....... z5,et,5zo.eo
To holders of l5-year
period policies $3.50. $40. 1920
To holders of 10-year
period policies 800. SIS. $500
To holders of 5-year
period policies 5S7. 401.0o
| To holders OF annual
dividend policies. so0.94700
Reserve TO provide
for all other contin-
gencteS lO.oll.Il5.U
Total additional reserve......... As $50 564 s.
Total liabilities $S22 $40 5000
State of Indiana. Office OF Auditor OF State.
/, the undersigned. auditor OF state OF the
| State of Indiana. hereby certify that the
| above Is a correct copy OF the statement OF
the condition of the aforementioned COM
pany on the 3lst day OF December. 1902 as
| shown by the original statement. and that
| the said original statement is DOW on file In
| this office.
In testimony whereof I hereunto SUBJ
scribe my name and affix my on
| lSEALl cial seal this 2ist day OF January.
1903.
w. ii. HART. Auditor OF State.
N