The herald-advance. (Milbank, S.D.) 1890-1922, 1904-04-15
ANNUAL STATEMENT

ANNUAL STATEMENT
For the year ending December 81, A.D.
1908, of the condition and affairs OF the
HOME LIFE INSURANCE COMPANY
OF New York. Organized under the laws
of New York. made to the commissioner
of Insurance of the State of South Da,
kota, in pursuance of the laws OF sald
State. President. Geo. f. Ide, Vice
Ellis w. Gladwin. Principal office. 2a6
Broadway, New York City. N. Y. At
torney for service, of process In the
nished by Commissioner of INSURANCE.,
Incorporated. April 30. 1860. Commenced
business. May lst; 1ss2
Amount Of capital stock
paid il s sash rr1r $4,000"
Cost of it's real estate is. $1,662,93s.4 s
Cash on hand in its office is 2,4to23
Cash on deposit in bank is. 251,679.44
Agents debit lance ...... 1854 80
Stocks and bonds owned by
company Excluding inter-
Amount Of loans secured by
first mortgage on real eS-
Amount of loans secured by
pledges of bonds, stocks,
Market value Of real estate
over cost .................. 95,516.6s
premium notes On polCiS9
in force 512, 47o.94
uncoliected and deferred
premiums net) ........... 249,33lS2
Amount Of interest and
rents due and accrued. =. 74,253S5
Loans made to policyholders
on this compaDy's policies
as collateral -.....,....... S43lG'lo
Total assets ............ S15, ISL, 203.49
Deduct assets not admit
Agents debit balances and
sets 7s,452.s 50
Total admitted assets -. ST., 102, $4,000
Net reserve ........ -. sl3,sG6 1850
Losses reported and nj
proofs received ........... 3S,6l9.19
Premiums paid in advance. 10000
Claims for losses resisted. 100000
Dividends unpaid .......... o,9I0.6S
| Amount Of all other existing
claims against the com
company ..,-..-....-.... oo,fet.oo
Total liabilities ........... S13.976,o7O.S7
Surplus s1,oo1, 1913
"lp%l""soME DiuRiNG THE YEAR.
Amount of cash premiums
recei led on new policies,
no expense deductions. x463, 49,. 66
| Amount of cash premiums
rcraived on renewals, no
expense deductions 80. 2,OI1 ,O6S.35
| Aur,.ui OF surrender values
received applied to pur-
chase of paid-up insurance
and annuities ............. &.OO
Dividends applied by policy
additions i'........... 225, 7os.o 90
Annuities other thar ma
tured installment policies. 10,516.4o
rents received ,.,......... 674.31o.ss
Amount received from all
other sources ............ 13. ABS. 90
total 81, 459 ,O94. SO
ance %, 565. 80
Total income ..... SO. 435.5 Sc
E!XiP'ENDITUREs DURING THE
YEAR
claims and additions .. 1925, 1866
Amount paid for matured
e~ndowneuts and additions 333,046.1 o
Amount paid for medical
examiners fees and in
spectic.} of risks .......... 37.13s.4s
Dividends paid TO policy
holders in cash -......... 5,O41.O0
Dividends applied for pre-
rniams and paid-up annu-
Diyidend. to Stockholders. 100000
Amount of commissions.
bonuses and salaries to
agents and agency allow
ances h15, 741.11
Amount paid to officers for
salaries and other peruuis-
mount paid to home ofIco
e.nployes S3, l42. IS
Amount paid for taxes.
rents. Advertising and de-
p%artment fees .......,.... T.o"S9f
Amount Of all other pay
ments and Expenditures. lS2ao.S,
Surr.nder values 151 .a32. 13 |
paid Ia annuitsnts ...... :i .265. SO
----- |
S.. "A TOO GA
Deduct amount from other
companies for reinshrhn nee I'"np
--------- |
Total expenditp'eS 81 42',t12 "a
COMPANY'S STATEMENT OF RISl- |
NESS TRANSACTED IN THE STATE |
OF SOUTH DAKOTA DURING THE
YEAR. |
WhOle amount &C premiums |
received in or ftuu the
State of Sonth Dakota |
duripo tho wear " So on. 48 |