1212                MILLERS NATIONAL INS. CO.
MILLERS NATIONAL INSURANCE COMPANY
Chicago, Illinois.
Home Office, 173 WEST JACKSON BOULEVARD.
[Incorporated Feb. 16, 1865; commenced business, Sept. 1, 1869.1
Date of admission into Wisconsin, June 16, 1887.


President, 0. H. SEYBT.                      Vice President, C. B. COLE.
Secretary, M. A. REYNOLDS.


GUARANTY CAPITAL.
Cash surplus capitalized as a permanent fund ........  $500.000 00
Amount of ledger assets December 31 of previous year ........    $1,692,195
09
INCOME.


Gross premiums ...........       ..........................  $707. 719 56
Deduct gross amount paid for
Reinsurance   ......       .........       $76,287 73
Return premiums ............       ...     179,303 43
-     255. 591 16
Total premiums .............................................
Guarantee deposits ................................................
Gross interest on mortgage loans, less $1,228.89 ac-
crued interest on mortgages acquired during 1912..       $11,569 75
Gross interest on bonds and dividends on stocks, less
$1,943.56 accrued interest on bonds acquired during
1912 ...............6................................     62,853 67
Gross interest on deposits in trust companies and
banks ...................                                  2,004 Sif
Gross interest from   all other sources:   Prov-inlce of
Manitoba   ................   ..........................     300 00
Total gross interest and rents.................
From other sources: Assessments from members ..................
From agents' balances previously charged off......................
Gross profit on sale or maturity of ledger assets: Bonds .........


$452,128 40
98,276 45


76 72'S 01
366,406 09
290 40
200 00


Total income .................................................  $994.029
35
Total footinlg-s ......................................... $2,686,224 44


DISBURSEMENTS.
Gross amount paid policyholders for losses (includ-
ing $38,341.99 occurring in previous years) ........  $461,912 75
Deduct amount received for
Salvage ..................                $8,960 07
Reinsurance .........                     17,788 63,5
Discount ............................       2,252 16
-      29.,000 88
Net amount paid policyholders for losses....................
Expenses of adjustment and settlement of losses...................
Commissions and brokerage .......................
Salaries, $24,158.21, and expenses, $19,079.01, of special an general
agents ...........................................................


$432,911 87
6,373 49
79,993 33
43,237 22