CENTRAL NATIONAL FIRE INS. Co.


325


CENTRAL NATIONAL FIRE INSURANCE COMPANY,
Chicago, Illinois.
Home Office, 175 W. JACKSON BUILDING.
[Incorporated March 6, 1909; commenced business March 8, 1909; admitted
March 30, 1909.]
President, JAMES B. HOBBS.                       Secretary, F. M. RICE.
Asst. Treasurer, MORRIS N. PRESCOTT.
Vice Presidents, 0. H. HORTON, HENRY P. MAGILL.
CAPITAL STOCK.


Amount of capital paid up in cash .....      ...........  $200,000 00
Amount of ledger assets December 31 of previous
year ...........................................     $819,699 78
Decrease of paid-up capital during the year ........    200,000 00
Extended at ....... .......................................
INCOME.
Fire.
Gross premiums ....................................    $703,147 17
Deduct gross amount paid for reinsurance, fire,
$99,472.33; return premiums, fire, $134,114.33 .      233,587 08
Total premiums (other than perpetual) .....................
Gross interest on mortgage loans. less $219.34 accrued
interest on mortgages acquired during the year         $6,926 99
Gross interest on collateral loans.                         100 83
Gross interest on bonds and dividends on stocks, less
$296.80 accrued interest on.' bonds acquired during
the year          .           .18,766 80
Gross interest on deposits in trust companies and
banks           .            .1,615 11
Gross interest from all other sources: Premium notes        119 61l


$619,399 78
$469,560 09




Total gross interest ..         ........................................
 27,i529 3S
Gross profit on sale or maturity of ledger assets, viz.: Bonds          ....
     900 40
Total Income .4................................................         47,989
87
Total footings .......................................... $1,317,389 65


DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (Includ-
ing $40900.31 occurring in previous years) .... $....  379,795 06
Deduct amount receive'd for salvage, fire, $2.240.86:
reinsurance, fire, $54,506.31; discount. fire, $1,399.04  58,146 21
Net amount paid policyholders for losses .........................
Erxpens.eq of adjustment and settlement of losses .................
Commission- or brokerage .....
Salaries. $13.453.89. and expenses. $9,117.22, of special and general
a gents ...........................................................
Salaries, fees. and all other charges of officers, directors, trustees
and home office employes ........................................
Rents .......................                            .....
Advertising. $t.776.40, printing and stationery, $4,565.66 ..........
Postage. telegrams, telephone and express ........................
L~egal expenses ....................................................
Furniture and fixtures ............................................


$321,648 85
S,341 .39
151.940 47
22,571 11
48,45i3 20
5r.471 6R
6,642 06
4,378 7.5
1,877 98
2,360 46