XASSATJ & DUJTCHiSS FIRE 1iS. Ibo.                        635
NASSAU AND DUTCHESS FIRE INSURANCE COMPANY
New York City.
Home Office, 95 WILLIAM     STREET.
[Incorporated January, 1852; commenced business February, 1852; admitted,
February, 1852.]
President, WM. HARKNESS.                            Vice President, L. H.
VAIL.
Secretary, F. L. GARDNER.
CAPITAL STOCK.
Amnount of capital paid up in cash ......     ............  $400,000 00
Amount of ledger assets December 31 of previous year .....      ..... $1,391,988
65
INCOME.
Fire.
Gross premiums ...................................... $1,165,214 82
Deduct gross amount paid for reinsurance, fire,
$191,6612.17.; return premiums, fire, $207,6529.66  .....  399,191 83
Total premiums (other than perpetual) .$766,022 99
Gross interest.on mortgage loans ..............$227 62
Gross interest on bonds and dividends on stocks     ...    56,249 16
Gross interest on deposits in trust companies and
banks ...............................................     1,351 99
Gross interest from all other sources: Bills receiv-
able ...............................................         24 84
Gross rents from company's property, including
$1,200.00  for company's occupancy      of its own
buildings .   ..........................................  1,521 99
Total gross interest and rents ............. ..   ...............  61,775
60
From agents balances previously charged off         .       .........   
    21 38
Gross protit or. sale or maturity of ledger assets:
Bonds ................I .............................      $194 93
Stocks ..............................................     1,789 75
1.984 68
Total income .     ................................................  $829,804
65
Total footings ............    ............................. $2,224,793 3H)
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $92,724.76 occurring in previous years) ......     $617,738 92
Deduct amount received for salvage, fire, $7,303.11;
reinsurance, fire, $126,313.48; discount, fire, $615.91  134,232 50
Net amount paid policyholders for losses ........      ..........  $483,506
42
Expenses of adjustment and settlement of losses .........      ........ 
 9,003 24
Commissions or brokerage         ..............................        225,430
15
Salaries, $6,606.85, and expenses, $2,446.28, of special and general
agents ............................................................    9,053
13
Salaries, fees, and all other charges of officers, directors, trustees
and >home, office employes         .           .28, 020 10
Rents, including $1,200.00 for company's occupancy of its own
buildings .......-                              ...............         3,030
81
Advertising, $1,Y78.34; printing and stationery, $3,294.39  .    .      
 4,372 73