Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1913-01-15

sIxTY-THIRD ANNUAL STATEMENT
of the
Union Mutual Life Insurance Company,
of Portland, Maine,
For the Year Ending December 81 1912
RECEIPTS
Insurance Premiums (less S2,221 "a for rein
surance). ................... $2,279 10 SO
Interest, Rents, etc..... sas sNA
Total, s,n7ees 40
DISBURSEMENTS
Death Claims 76028S S.
Matured and Discounted Endowments. 1893 752
Surrendered Policies Cancelled Notes.... 5754Sc 81
Surplus paid Policyholders 269 1856
Annultes 2420 A
Total paid Pocyholders N,Me115 Is
Insurance ard Agency Expenses. 3O1 1852
Home Office Salaries and Legal Expenses.... O8
Taxes on insurance 50660 90
Taxes, Repairs and Expenses Real Estate. 3008
Medical Examinations Ia, 144 90
Advertising, Printing, Postage, 1882
All other disbursements. 1,s2011
R,s45,sa 90
Notices OF Death during 1912...... S1s1O4 81
New Insurance written during 1872 paid-for
basis 3,45S Policies sc, 2O6, 751 Insurance.
Insurance in Force December 81, 1912, pad-for
basis, Al, 626 Policies 1888, 491, 1853 Insurance
SCHEDULE OF ASSETS
U. s. Government Observation-Disclosures. 8 645425e
Commonwealth OF Massachusetts, Bonds 225156 %
Province OF New Brunswick Bonds Deben-
tures.. Observation-Disclosures. 7s,e4237
Province of Manitoba Bonds Debentures. 15225o96
Province Of Ontario Annuities and Debentures
State County and Municipal Bonds. 442949O1s
Railroad Bonds 2576,883 46
Railroad Stocks 199O,277
Miscellaneous Corporation Bonds and Stocks 243S
Bank Stock BLISS O5
Collateral Loans. ACKNOWLEDGEMENTS. SO4,15OO
Mortgages of Real Estate 1872 1856 OS
Real Estate. 95S,653
Bills Receivable ............................ 1920
Premium Notes. 1G2,21o10
Collateral Loans Policies. 2093, 4O5 "A
Agents Balances OBSERVATION-DISCLOSURES. 1,4672
Cash in Banks 1856, 260 SO
Cash in Office ACKNOWLEDGEMENTS.
Net Deferred and Uncollected Premiums, Paid
for basis. $1,000
Interest and Rents, Accrued and Past DUE.
Gross Assets December 81, 1912 ..... s1s 1922 rs
LIABILITIES
Reserve required to insure all outstanding
Policies. ..................... $16 566, 1890
CThe reserve of the company is
calculated upon a basis of per
cent o n business written prior
to Jan. l. 1901, and per
on business written subsequent
to that date
All other liabilities. 6o4,5759 SO
Total liabilities s17,171 1926
SURPLUS. Observation-Disclosures. 1,5ss57sS2
valuation of Bonds Stocks by Brothers,
Bankers, Boston, Mass)
PORTLAND, MAINE, January 2, 1913
The undersigned have this day examined
the UNION MUTUAL LIFE INSURANCE COMPANY, the
vaults of the Union Safe Deposit Company
II Schedule
ARTHUR L. BATES, Vice President
EDWARD A. MOVES,
JOSIAH Ii. DRUMMoND,
EDWARD B. WINSLow, Committee
FRANK e. ALLEN, and
SELDFN Common, Directors
j. FRANK LANG,
CHAs. Ell. PRESCOTT,
WESTON LEWIS
PORTLAND MAINE, January 2, 1918.
have this day compared the for the
ending December thirty hundred and
twelve found the the vaults of
the Union Safe Deposit Trust Company examna
tion made to-day and find they correspond with the
books of the Company.
EDWARD B. WINsLoW
PORTLAND, NAME January s, 1918.
This will certify that have this the Secur
ties of the UNION MUTUAL LIFE INSURANCE COMPANY for
the ending December thirty hundred and
twelve in the vaults of Deposit and Trust
Company, and find them stated in Schedule
l. E. LANG,