PHENIX    FIRE INS. CO.                          995
PHENIX FIRE INSURANCE COMPANY
Paris, France.
U1. S. Branch Office, 17 CUSTOM HOUSE ST., PROVIDIENCE, It. I.
[Incorporated September, 1819; commenced business in United States February,
1911; admitted June 5, 1911.]
STARKWEATIIER & SHEPLEY. INC., United States Managers.
CAPITAL STOCK.
Statutory deposit .0.....................................  200000 00
Amount of ledger assets Dec. 31 of previous year  .....    ............ 
$613,2921 51
INCOME.
Fire.
Gross premiums ............     .........................  $394,374 27
D)educt gross amount paid for reinsurance, fire, $103,-
904.94; return premiums, fire, $76.021.09 .............  179,926 03
Total premiums (other than perpetual) .......................   $214,448
24
Gross iuterest on bonds and dividends on stocks ....     $20,600 00
Gross interest on deposits in trust companies and
banks ..............................................       772 82
Gross interest from all other sources:
From National Fire Ins. Co. for interest under re-
insurance treaty ..........  ..........................  308 05
Total gross interest and rents .................................  21,680
87
From  other sources:
Froma National Fire Ins. Co. for working account ..............        4,000
00
Total income .      ...............................................  $240,129
11
Total footing s ...........   ...............................  $853,358 62
DISBURSEMENT S.
Fire.
Gross amount paid policyholders for losses (includ-
ing $17,68S8.99 occurring in previous years) .....$.....  129,316 02
Deduct amount received for salvage, fire, $2,306.29;
reinsurance, tire, $13,055.92; discount, fire, $30.96 ....  15,393 17
Net amount paid policyholders for losses .......................... .$ 113,923
45
Ei~xpenses of adjustment and settlement of losses   .     ..........    
1, 335 13
nCommissions or brokerage                    .           .6 0,697 41
Salaries, fees, and all other charges of officers, directors, trustees
mud home offlee employes        ...................... ..................
 41 25
-Advertising, $197.15; printing andl stationery, $1.51   .      .       
  198. 60
Underwriters' boards and tariff associations          .       .1.,306 28
Fire departmnent, fire patrol and salvage corps assessments, fees,
taxes and expenses ............1,265 48
State taxes on premiums ..                                              2.682
05
Insurance department licenses and fees ............................. .2 2.02)3
07
AJll other licenses, fees and taxes:
Federal corporation tax .......      ...................  $271 14
City taxes and lieenses ..............................     798 81
1, 009 95