The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-03-06
STATEMENT
Penn Mutual Life Insur-
anCe { Company
OF PHILADELPHIA. PA.

OF PHILADELPHIA. PA.
Condition December S1st, 1909, as Shown by
Statement Filed
Capital Stock, None; Mutual.
Amount Ledger Assets Dec. 31st
previous year $52 III, 0040i; de-
during year. $50, 756.S5;
Income Gife(-From Policy-holders,
$11, s4S 666. 50: Miscellaneous, 2,-
992.05l6l; Total ............f,... 1850, 1850
Disbursements Uife)--To Policy
o oUa'f s375i,o21lS Total '.. 8,1eo,58oo8
Life Business in force-Number of
Policies. 125,057; Amount. $50. 296,S3O,35o'Oo
Of Policies, $685. Amount, 49, 4oS4a, 5000
ASSETS.
Book Value of Real Estate Qess
amount of encumbrances( ........$ 3,07S,24O.1
Mortgag Loans on Real Estate ..... 22,727, SOL. ~
stocks 1 or other Collateral 4,92i,3l81
Loans to Policy holders this Com
panys Policies assigned as col 80
lateral ............': ..''.'.:'''' o'ooV'0i@"o
Premium Notes on Policies in force
(Of which $562S.00 is for first
years premiums) ,................ Il65,ol9.eS
state etc .9'D ...... D 2o62oSo255
Cash in Home office and deposited in
Banks and Trust Companies go, ~
Interest and Rents due and accrued. 5Zo8y1.t4
Premiums unpaid ................... I,3Z3,ofo'zo~
All other Assets, detailed in state o--o 81
meut ..............,......'.' ooV,@'0'u
Toto, $50. so3. 497 80
Less Assets, not admitted. ........ $so'275oo
Total admitted Assets ........... $50 as, 22l42
LIABILITIES.
Nct Reserve as computed ........ so 993, E1l W
Other Reserve and Special Funds. 9J2,ao..pll
Net Policy claims ...............,. la,oVo' -
Premiums paid in advance ........N 3S,aZs'oo
other amounts due Policyiolders.. S,S9s' 1865
Commissions due to agents, etc.. o,9JV'lo
All other Liabilities detailed in
statement Special 81 per cent. -oo
Reserve ...............''.'..''. 90'''f''0V
Total Liabilities as to Pohcy-hold-
ers Observation-Disclosures. $57 2O4' 5 5oS.i
Unassigned Funds (surplus) ........ 3,Zoe'oot.I
rot,, liabilities ..... $50 47s,22142
BUSINESS IN NORTH CAROLINA IN 1909.
Policies 0.ife) in force December 31st Of pre-
yious year Number 3,200 Amount, S. 1855, s47. %
Policies 0.ife) written and revived IN lvo'
Number, 1884, Amount, 81 $40 sO4,W. I'm.
Policies in force (Llfe), NUMBER o''4o'
Amoin. Losses and Claims O.ifc) unpaid De-
ccmber 31st previous year, Number 81 Amount,
Losses and Claims q.ife), Incurred, $lo792.Oo;
Losses and md Claims unpaid December 81, 1905,
81 .0S6.o0 i
Iife) 1921 673.32.
President Harry f. West
Secretary William II. Kingsley oo- ca..-.,,,t
Home Office, Nos. 921, y2S ana Vzo CneStnu1
Street Philadelphia IA. , ~,
General Agent for service, r. B. Raney Raj
eigh, n. G. Ct: u
Business Manager for North Carohha' ~ d.
Raney, Raleigh, n C.
State of North Carolina.
insurance Department.
Raleigh February "a, IDOL
lanes r. Young Insurance Commissioner;
do hereby certify that the above IS true ana
corrac+ abstract of the statement OF the rem
Nf,,t,,ai Life insurance Company, OF Philadelphia
Pa. filed with this Department showing inc
condition OF said Company on the 3lst DAY OF
December. 1903.
witness my hand and official seal, the day ana
ud'e "O0' JAMES r. YOUNG,
Insurance Commissioner.