492                       G-ERMANIA FIRE INS. (JO.
GERMANIA FIRE INSURANCE COMPANY
New York City.
Hoome Office, 62 WILLIAM   STREET.
[Incorporated February, 1859; commenced business March, 1859; a(lunitted
No-
vember 15, 1859.]
President, HUGO SCRIOTN'ANN.
Vice Presidents, GEO. B. EDWARDS, GUSTAV KE1III.
Secretary, GUSTAV KEHRR.
CAPITAL STOCK.
Aumount of capital paid up in cash ..................$ 1,000,000 00
Amount of ledger assets December 31 of previous year ............. $6,999,103
02
INCOME.
Fire.
Gross premiums ..........$...............             $3,942,524 17
Deduct gross amount paid for reinsurance, $537,768.91;
return premiums, $493,511.43 ....................... 1,031,280 34
Total premiums (other than perpetual) ......      ................ $2,911,243
83
Gross interest on mortgage loans .....      ..............  $23,135 28
Gross interest on bonds and dividends on stocks, less
$1,175.01 accrued interest on bonds acquired dur-
ing 1912 ...........                                   224,406 54
Gross interest on deposits in trust companies and
banks .............................................      8,540 93.
Gross interest from all other sources:
From   branch office balances      .        .as........    I 8.. ();
From prepayment of real estate taxes ..............        13 57
Gross  rents from    company's property, including
$25.000.00 for company's occupancy     of its own
buildings .    .........................................  48.485 00
Total gross interest and rents ................................ 30904,8S73
27
From other sources: Conscience money received ...................       2,300
00
From agents' balances previously charged off .....................      
 700 0o
Gross profit on sale or maturity of ledger assets: Stocks ...........  125,724
59
Total income ............     .................................... . $3,344,841
69
Total  footings  .........    ................................ $10,343,944
 71
DISBURSEMENTS.
Fire.
Gross amount Taid policyholders for losses (includ-
ing $198,755.53 occurring in previous years) ........ $1,628,325 29
Deduct amount received for salvege, $S.010.46; rein-
surance, $299,365.82; discount, $1,245.91 ............  308.622 19
Net amount paid policyholders for losses .................... $1,319,703
10
Expenses of adjustment and settlement of losses ..................     74,546
87
Commissions or brokerage .........        ................................
 630,248 0.3
Allowances to local agencies for miscellaneous agency expenses         9J,094
92
Salaries, $79,349.86, and expenses, $47,376.80, of special and general
agents .............. i.......................................       126,726
66
Salaries, fees and all other charges of officers, directors, trustees
and home office emnloyes ........................................   144,045
36
Rents, including $25,000.00 for company's occupancy of its own
buildings ..........................                     ' ............ 
31,396 08