The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-04-03
State of North Carolina.
Insurance Department.
STATEMENT
Equitable Life Assurance
Society of The United
States
OF NEW YORK CITY.

Condition December ,'3lst, 1903, as Shown by
Statement Filed
Capital; Paid in cash .............$ 1O0,OO0.OO
Amount Ledger Assets Dec. s1st
previous year ................. 334, o49, $685. %
Income Q4ife)--From Policy-hold-
81, sec, so 80; Total ............ 7a,71S,s5O9s
Disbursements Q4ife)-To Policy
holders, $3j. 013, 80; Miscellane-
GUS $14, AIS, 677.s3; Total $3.50. AZ, 493 Oils
Life Business in force-Number of
Policies 499,947; Amount 1870, GAS, DE. 90
Life written during year-Number of
Policies, 05,724; Amount 227,S41, 1880
ASSETS.
Book Value of Real Estate Qess
amount OF encimbrances) ........$ 37,215, S75.67
Mortgage Loans Real Estate.... 74,345, 110.W
Loans secured by pledge of Bonds,
Stocks ether collateral. 20, 1885,, 5000
Loans to Policy-holders on this Com
pany's Policies assigned coli
lateral ACKNOWLEDGEMENTS. 1884, 127.74
Value Of Stocks and Bonds GU. s.,
Cash in Home Office and deposited 80 ''''''''0
in Banks and Trust Companies. 25, 625, 100 16
Interest and Rents due and accrued 2.540, S24.07
Premiums unpaid .................. Gill, 03S. 90
All other Assets, detailed in state
lnent ........................... 1921, 24595
Total 1879, 7S4, 4s1. SO
Less Assets, not admitted. ....... 1,521, 245.95
Total admitted Assets ......... Ss7S, 213, 1858
LIABILITIES
Net Reserve, as computed .. $780,, 120, BLOC
Other Reserve and Special Funds. LAOS, 114.00
Net Policy claims ................. 2,245, 1916
Premiums paid in advance. ........ 800, 5000
Other amounts due Poicy-holders. 56,6S7.08
Due and unpaid on Supplementary
Contracts, etc.................... 9,49166
Total Liabilities as to Policy
holders ACCOMPLISHMENTS $500, 534, 97O.50
Capital Stock ................... 100000 90
Unassigned Funds (slrplus) ...... 71,57s,S15OS
Total Liabilities ............ 1878, 2l3, 1858
BUSINESS IN NORTH CAROLINA IN 1908.
Policies Q.fe) in force December Slst of pre-
vious year, Number, Ass; Amount, $93l6,90500
Policies (Life) written and revived in 1908.
Number, 1,oos; amount s., 8 'S7S' Oh %. 600.
Amount. 9,97s, 5000.
AMOUNT Losses and Claim Qife) unpaid De
cember S1st previous year, Number, 2; Amount.
81 90
Losses and Claims (Life), Incurred $lsO,4es.OO;
Paid, $l66, 221.0O.
Losses and Claims unpaid December 81, 1903,
S15, $500.
Total amount premiums collected and secured
(Life), S343, 554 H.
President, James w. Alexander.
Secretary, VIM Alexander.
Home Office, No 100 Broadway, New York
Cit-.
General Agent for service, s.. W. Smallwood.
Business Manager for North Carolina, F. W.
banner, Richmond, Va.
State of North Carolina,
Insurance Department,
Raleigh, March 25, 1904.
l. James r. Young, Insurance Commissioner, do
hereby certify that the above is true and cor
rect abstract of the statement Of the Equitable
Life Assurance Society OF the United States. of
New York City, filed with this Department.
showing the condition of said Company the
31st day of December, 1903
Witness my hand and official seal, the day and
date abo"e written.
JAMES r. YOUNG.
Insurance Commissioner.