The San Francisco call., 1913-07-18
STATEMENT
OF THE CONDITIONS AND AFFAIRS OF THE
OLD COLONY INSURANCE
COMPANY

OF BOSTON, in the state OF Massachusetts, on
the 31st day of December A. D. 1912, and for
the year ending on that day. Published pursuant
to the Provisions of Section Gil of the Political
Code and compiled from the annual statement
filed with the insurance Commissioner OF the
State Of California:
CAPITAL
Amount Of capital stock. paid up
In cash ...-...-............. $500. 600. 90
ASSETS
Mortgage loans ................... so. 900. 90
Cash market value of al stocks and
bonds owned by company 80. 1, 900. 500. 90
Cash in office. Observation-Disclosures. 9.S5S 40
Cash In banks Observation-Disclosures. S3,197. 50
Interest due and accrued ....-.... 3.135.
Agents balances representing bust
ness written subsequent to Oct. l.
1912 .......... ............... s7.ess So
for fire and marine risks ...... $4,000
Total assets ...................s1.ass 81. ass4. 7es o5
LIABILITIES
Losses adjusted and unpaid. ...... s1,27o II
in suspense .................. 5s.s1o.os
Losses resisted including expenses 525o.o 90
Unearned premiums fire risks
ming one year or less. so per cent 141, ,924. 05
Unearned premiums fire risks run
ming more than one year, pro rata 1868. IS
Unearned premiums inland navi
cation risks. 80 per cent. .....4... A, ,064. %
Unearned premiums on marine risks
so and 100 per cent. ........... 1873. 81
based upon this years business. 5.055. .1e
become due .................,. e.ss5.47
Reinsurance premiums and return
Al RFsR's"f sf6s@ liabilities. ss fss g ss
Total liabilities ............... $3.50, ,o97. .ss
INCOME
Net cash actually received for fire
premiums ...................... s4s2. .5s2 90
Net cash actually received for marine
premiums Observation-Disclosures. 144.1so.fo
Received for interest on mortgages. 1885. 90
Received from interest and dividends
bonds, stocks, loans and from
all other sources. s....-......;.. 1925. IL
ledger assets .................... s2e so
Gross increase in book value of led
ger assets .................... 1925
Total income ................. se25. .s2a. .ss
EXPENDITURES
Net amount paid for fire losses. $247. 900. 40
Net amount paid for marine losses. 67,724. 13
ment of losses s-................... $780,
Paid or allowed for commission or
brokerage ....................... 100. 1858 81
charges for officers. clerks ETC.. %, SOC os
taxes Observation-Disclosures. IL. .5e7. 80
All other expenditures. ...-......... 21.110S1
Total expenditures. es.............. s5I4 Is
Fire Marine
Losses incurred during the
year SAG. .S66. 81 $f3, ,0S9. 13
RISKS AND PREMIUMS
Fire Risks Premiums
Net amount OF risks
written during the
year ......-..-.......S $40. 0,so6 s724, ,75s. .3S
Net amount of risks
expired during the
year ....-...-.....-.. 81, 800. 153 662. .043. .SS
Net amount in force De-
eember 81 1912-..... 64,176.2I5 62s, sos 81
Marine Risks Premiums
Net amount of risks
written during the
Net amount OF risks
expired during the
year ...-.....-.--... Io.of3,fao az. .239. 40
Net amount in force De-
eember 81 1912...- 4.106,e50 o3611 g.
WILLIAM n. HEDGE. Vice President
CHARLES d. HODGES, Secretary.
Subscribed and sworn to before this Goth
day Of January, 1913.
JOHN r. MORGAN, Notary Public
CURTIS & GORDON, MGRS.,
Pacific Coast Department.
500 CALIFORNIA STREET
San Francisco. Cal.