Life — February 22, 1883 — page 16: what you’re looking at

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

iv. LIFE THe EoulTaBle LiFe AssuRANCE SOCIETY, 120 BROADWAY, NEW YORK, ASSETS, - - - $48,000,000, Having declared its-policies, over three years in force, to be, INCONTESTABLE, announces that all such incontestable policies will be paid at matu- rity, without rebate of interest, immediately after the receipt at the Society's office in New York of satisfactory proofs of death, together with a valid and satisfactory discharge from the parties in interest. HENRY B. HYDE, President. JAMES W. ALEXANDER, rst Vice-Pres’t. SAMUEL BORROWE, 2d Vice-Pres't. WILLIAM ALEXANDER, Secretary. POLLOCK & BIXBY, BANKERS and BROKERS, No. 25 Nassau Sr., N.Y All issues of Government Securities, Bank Shares, Rail- way Stocks and Bonds bought and sold on commission or carried on a margin. Special attention given to Invest- ments. Interest allowed on deposits. WILLIAM POLLOCK, Member of N. .¥, Stock Exchange. ANDREW J. BIXBY, FAIRBANKS’ STANDARD SCALES. PRINCIPAL WAREHOUSE, FAIRBANKS & CO. NEW YORK. THIRTY-EIGHTH ANNUAL REPORT or THE NEw YoOrK LIFE [NSURANCE Co. OFFICE, 346 and 848 BROADWAY. JANUARY 1, 1883. Amount of Net Cash Assets, January 1,1882, -- +--+ +--+ +--+ - REVENUE ACCOUNT. $45,130,006.86 Premiums. : Less deferred premiums jam Interest and rents (including realized Less interest accrued January 1, 1832 }9, 604,788.33, 452, 161.00—$9 152,627.38 8,080,273.21 eet 80— 2,798,018. 41—$11,950¢ 45.79 DISBURSEMENT ACCOUNT. '$57,080,652.65 Losses by death, including, Reversionary additions to same. Endowments matured and discounted, including Revepiceary add additions to same. Anouities, dividends, and returned premiums on cancelled ‘Total paid Policy-holders Taxes and re-insurances. .. Commissions, brokerages, agency expenses and physicians’ fe 088.38 Office and law expenses, salaries, advertising, printing, &c.; “385,111.18 $8,169,197.54 $48; 918,515.11 Cash in bank, on hand, and in transit (since received). + $1,276 026.67 Invested ia Uabted States, New ioe Chey a and doh stocks (marker value, $19,855 966.88. Talora-074.81 Real estate. oe . 4,133,065.13 19,306,910.16 and the policies assigned to the Com: er 4,313,000.00 Temporary loans (secured by stocks, market value, $5,191 139.50). *Loges on existing 1g policies (the reserve held by the Company on 52,090,961). c Quarterly and ‘semicansual premiums 0 on existing policies, due subsequent ‘to January i, I Agents’ balances. Accrued interest oa investment juary 1, 1883. Excess of market value of securities over cos °A detailed schedule of these items will aci with the Insurance Department of the State of CASH ASSETS, January 1, Appropriated as follows: Adjusted losses, due subsequent to January 1, 188). Repo: ses, awaiting proof, &c. Matured endowments, due and unpaid Annunties, due and unpaid (uncalled for) Reserved for re-insurance on existing pol lisle net premium; non-participating at Reserved fi perraelt faites fo Tenn over and above a 515.11 1,881,881.71 ny the ws New York, ~ $50,800,396.82 1,451.21 be 970.23 o 5 percent, Carlisle net premium... \e Braet Fund, January 1,168 per cent, reserve on existing policies of that elas Addition to the fund during 1882 for surplus and matured reserves. $3,164,210.08 DEDUCT— Returned. to Tontine policy-holders during the year on Matured Tontines .., 1,072,897.87, Balance of Toatine Fund January. t, 1883. : Reserved for premiums paid in advance. 5,782.38, $45,851,555 08 Divisible Surplus at 4 per cent - 4,948,841.79 Surplus by the New York State Standard at 4% perct., estimated at 10,000,000.00 sng Pipm the undivided surplus of $4,948,841 the Board of Trustees has declared a Revenionary dividend to particpat- ing policies in proportion to their contribution to surplus, available. on settlement of next annual premium. During the year 12,178 policies have. been issued, insuring $41,325,520. 1 tee, fom tos 1, 1890 der err 368 188, 48,5 Amount rr 1, 1881 135,726,916 1882, Sr at risk } Jan: 1, 1882 151,760,894 1, 1883, 60,150 jan. 1 1883 171,415,007 1608, $1,918 663 2,003,650 ~ isco" 2317 89 Income Divisible (43%: }: 83. Sa eer 1881, jan. 1, 1880, "3.1 from Bey Surplus at + Jan. 1, 1881, $008 Interest ( isso’. 9'708/018 4 per cent. jan, jan. jan. 4 Jan. 1 jan. Number of Policies in force 1878, $1,687,676 1,569,854 is, 881, Death: claims paid jan. 3, 1 jan. J, 1883, oa) TRUSTEES. DAVID Dows, ENRY BOWERS, [dows to WHITE, ROBERT B. COLLINS, S.S. FISHER, CHAS. WRIGHT WILLIAM H. BEERS. MORRIS FRANKLIN) x WILLIAM H. BEERS). scat and EDWARD MARTIN, HENRY TUCK, M.D., LEX, STUDWELI RY SUYDAM GRAN RReHIBALD He WELCH. MORRIS FRANKLIN, WM. H. APPLETON, WILLIAM BARTON, WILLIAM A Booth, youn Se FURMAN, juperintendent o: gencies. names i WRIGHT, , MD} wedteal Examiners. Press of Gilluss Brothers, 75 & 77 Fulton Street, N. Y. comicbooks.com