838                          TEUTONIA INS. CO.
TEUTONIA INSURANCE COMPANY
New Orleans, Louisiana.
Home Office, 217 CAMP STREET.
[Incorporated April, 1871; commenced business June, 1871; admitted, 1894.]
President, ALBERT P. NOLL.                        Vice President, A. G. RICKS.
Secretary, FRANK LANGBEIHN.
CAPITAL STOCK.
Amount of capital paid up in cash ....................$ 250,000 00
Anmount of ledger assets Dec. 31 of previous year       .    .    $ 1,097,536
72
INCOME.
Marine
Fire.       and inland.
Gross premiums            .         . $1,200,010 41     $19,175 i7
Deduct gross amount paid for rein-
surance, fire, $113,272.63; marine and
inland, $1,940.04; return premiums,
fire $218,333.94 .441,606 57                            1,940 04
Total premiums (oither than
perpetual) .$68,403 84                                $17,235 63
$886,639 47
Gross interest on bonds and dividends on stocks, less
$881.41 accrued interest on bonds acquired during
the year .30,869 09
Gross interest from all other sources:
From  Canal Bank in liquidation .704 (00
Gross rents for company's occupancy of its own
buildings .4,500 00
Total gross interest and rents      .        .................  36,073 09
From other sources:
Refund deposit Teutonia Bank and Trust Co                $504 02
Sold right ill United Fruit Co.'s subscription for ad-
ditional stock ...........        :...............      207 00
711, 02
Gloss profit on sale or maturity of ledger assets: Bonds ........      1,560
00
Gross increase, by adjustment, in book value of ledger asests:
Bonds .792 00
Total income .................................................  $924,775
58
Total footings .   ............................................... $2,022,312
30
DISBURSEMENTS.
Marine
Fire.       and inland.
Gross amount; paid policyholders for
losses (including $51,745.50 occur-
ring in previous years) ............. $544,776 0S      $3,820 45
Deduct amount received for salvage,
fire, $3,296.01; reinsurance, fire, $54,-
185.64; discount, fire, $191.27 ........  57,672 92  ..............
Net amount paid policyholders
for losses ........... ...............  $487,103 16    $3,820 45
$490, 923 61