826                       STERLING FIRE INS. CO.
STERLING FIRE INSURANCE COMlPANY
Indianapolis, Indiana.
Home Office, 115 N. PENNSYLVANIA STREET.
[Incorporated, January 28, 1911; commenced business January 1, 1912; ad-
mitted May 17, 1912.]
President, JOHN C. BILLHEIMER.            Vice President, JAMES F. JOSEPH.
Secretary, CYRUS W. NEAL.
CAPITAL STOCK.
Amount of capital paid up in cash ......   .............  $850,000 00
Amount of ledger assets December 31 of previous year ............. $1,351,502
88


INCIOME.
Fire.
Gross premiums .           ..........         .......     $318,623 87
Deduct gross    amount paid     for reinsurance, fire,
$39,405.38; return premiums, fire, $34,357.0 ........     73,762 98
Total premiums (other than perpetual) .....................
Gross interest on mortgage loans, less $1,102.10 ac-
crued interest on mortgages acquired during the
year ...                                                 $44,248 97
Grooss interest on bonds and dividends on stocks, less;
$1,676.17 accrued interest on bonds acquired during
the year .....      ...................................    5,830 19
(IXoss interest on deposits in trust companies and
b.ainks ..........................................         7,224 66
Gross interest from   all other sources: Stock notes
and payments      ......................................     413 42
Gross rents from company's property ................         1,410 100
Total gross interest and rents ..............................
From   other sources:  Commission on mortgage loans ............
Gross profit on sale or maturity of ledger assets: Bonds ........


$244,860 89


59,127 24
1,362 4,0
3 1s


Total income ................................................       $3,05
353 71
Total footings .............     ............................ $1,656,856
59


DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses ........ .    $24,010 29
Deducet amount received for salvage, fire. $160.95; re-
insurance, fire, $879.30; discount, fire, $23.86 ......  1,064 11
Net amlount paid policyholders for losses ..................
Elxpwlses of a(dijustment and settlement of losses .................
Comnmnissions or brokerage .................... - - --- ....-.-.-
Salaries, $10,416.11, and expenses, $7,905.92, of sepcial and general
a gen ts. ...         . .                     ;
Salaries, fees, and all other charges of officers, directors, trustees,
anld  home  office employes   ....................................
Rents ...          ..................    ...........................
Advertising, $859.46; printing and stationery, $11,465.14 for sup-
plies for advertising, $1,214.36 ..................................
Postage, telegrams, telephone and express ........................
Tega1 expenses ....................................................
Furniture and fixtures .............................................


$22,946 1S
390 83
52,942 30
18,322 '03
32,132 06
4,535 58
13.W38 96
3, 1502 '02
3,711 59
6,740 31