The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-01-11
UUOI UNI nLIVIHIIVO
Topeka Has One Healthy, Hustl-
lug Fire Insurance Company.
The Alliance Cooperative Is sues
It's Annual Statement.
8 1911 BUSINESS
Nearly Three and a Half Million
Insurance Written.
Total Insurance in Force Nearly
Twelve Million.

That little three By seven room on
the second floor of the office building on
Fifth street scarcely looked to be the
headquarters of an insurance company
doing a three and half million dollars
worth Of business in a year, yet that
Is the record of the Alliance Cooper
alive Fire Insurance company. The re-
port just issued by this company shows
that the institution has written 1928
policies in 1911 for insurance amount
Ing to $3,305,55S, bringing the total to
nearly II million dollars insurance IN
force, this amount having been writ
ten and carried along during the 10
years of the company's existence
The company has grown during that
time until its 1911 report shows an ac-
emulation of an income of $97,937. So
for the year. against expenditures or
S60,T26.S3 and resources amounting to
$106, 034.74 with only $1,933.43 liabilities
against them.
During the past year the Alliance Co
operative Fire Insurance company paid
premiums received on insurance III
force was $27, 1858. At the close OF
business December 81 year ago the
institution had balance Of $54, $3.50
while the year just closed showed a
balance on hand of $50, 1858.
So much for the figures and facts or
the 1911 statement but the following
table shows some healthy comparisons,
tia1 fire insurance company.
Comparative Statement.
Policies written 1911 / S28
Policies written 1910. ..........----..---.1s6S $50
Increase .............................. 1873
Insurance. written 1911 ..........$ & sO5,55s.0O
Insurance written 1e1o........... 3000,944Oo
Increase ......................S 9O4. s14O0
Insurance in force 1911. SIS, S74.oo
Insurance in force 1910. 1906, S27 90
Increase ...................$ SSo,Og7.OO
Total cash rec'd 1s11.......--.-..$ 4s,1b0.41
Total cash reed 1s10......-----... SS,12o-S7
Increase ...............-.....s 5.o8o.O4
Losses paid 1911. z,sS0-lS
Losses paid 1910 10,164-7S
Agents commission 1911....--.-S 1873 Is
Agents commission 1910. 6,719.5S
INVESTED RESERVE isii....s 5e5oo.Oo
INVESTED RESERVE 1Sl0..-. 4,225.00
Increase $ sH5.UO
Total resources 1911 1O8.Os4.74
Total resources 1910. 10O,0IL11
Increase :. ACCOMPLISHMENTS 5.O6s.ss
Well, the company has abandoned
the dingy little three by seven room in
the once block formerly occupied by
President W. B. Gasche and his clerks
and assistants The head offices of
the Alliance Cooperative Fire Insur-
ance company have been moved TO
rooms 214-216 in the Central National
bank building where some new desks,
record cabinets and safe vaults have
been put in and new rug has been
laid on the floor in the best room
where the stockholders and directors
meet The Lord only knows they
needed them badly enough Never
theleSs, just such rigid economy and
careful judgment as the directors and
officers of the Alliance Cooperative
Fire Insurance company have been
exercising are responsible for the
Splendid development and the fact that
this is the only fire insurance COM
pany remaining in Topeka.