Judge — March 12, 1921 — page 25: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

7 March 12, 1921 New York Life Insurance Co. (Incorporated under the laws of the State of New York.) 346 and 348 Broadway, New York, N. Y. DARWIN P. KINGSLEY, President Balance Sheet, January 1, 1921 ASSETS LIABILITIES estate. . $8,407,481.00 Policy Reserve $759,017,764.00 Loans on Mortgages 164,796,225.60 Other Policy Liabilities. 26,552,728.77 Loans on Policies. 147,499,247.07 Premiums, Interest & Rentals prepaid 4,233,320.03 Loans on Collateral. . . 6,565,500.00 Taxes, Salaries, Rentals, Accounts, etc.. 7,270,905.89 Liberty Bonds and Victory Notes. . 109,722,115.37 Additional Reserves. . 6,733,983.67 Government, State, County and Munici- aes Dividends payable in 1921 37,446,654.87 pal Bonds. . . 141,539,552.50 Reserve for Deferred Dividends 76,176,646.00 Railroad Bonds 343,293,1 17.30 Reserves, special or surplus funds not Miscellaneous Bonds & Stock... .. 8,416,460.10 | included above. ... 49,232,393.96 Cash... _ 10,574,203.04 Uncollected and Deferred Premiums. 13,711,710.24 Interest and Rents due and accrued. . . . 12,087,598.25 | Other Assets. . 51,186.72 | Total... $966,664,397.19 | Total. .. $966,664,397.19 During 1920 the”! Gompany Paid To Beneficiaries . . . . . $35,453,758.67 To Living Policy-Holders. . . . . 79,395,838.63 Total Policy Payments . . . . . $1 14,849,597.30 Dividends amounting to $37,446,654.87 were authorized by the Directors and will be paid in 1921. Over 200,000 new members (including former policy-holders who increased their membership) joined the Company » 1920 representing a total new business of : $693,979,400.00 The largest new membership in the history of the Company. The New York Life Insurance Company is what its name implies, A LIFE) INSU RANCE COMPANY. It transacts no other form of insurance. — Its polictes furnish the broadest coverage and provide For payment of face amount upon due proof of death. For payment of double the face amount in event of Accidental death. For life income to the insured who becomes totally and permanently disabled. There is a great opportunity in this Company for energetic, educated young men who desire to enter our business asa life work. For full particulars address either the Home Office of the Company or one of its Branch Offices Board of Directors F. ABBOTT \. BARTON HEPBURN FRANK PRESBRE a IKEN MYRON 'T. HERRICK JOHN J. Pl RUS GRANGER A. HOLLISTER MING H. S N. BLISS, JR. ALBA B. JOHNSON SORGE XN L. AW RENCE NICHOLAS MURRAY BUTLER WILLARD V. KING GEORC CORTELYOU DARWIN P. KINGSLEY JOHN H. FINLEY RICHARD I. MANNING | DAVID R. FRANCIS JOHN G, MILBURN GERRISH H. MILLIKEN 25