t518X              o: GRiANnITP, S'T'AT'1E FIRE INS. CO.,
GRANITE STATE FIRE INSURANCE COMPANY
Portsmouth, New Hampshire.
* Hlomne Office, 46 and 50 CONGRESS STREET.
[InTcorporated July 17, 1855; commenced bu siness November 12, 1885; admitted
June, 1908.]
President, CALVIN PAGE.                     Vice President, JOSEPH 0. HOBBS.
Secretary, ALFRED F. HOWARD.
CAPITAL STOCK.
Amount of capital paidl up in cash       .        ....... -$200,000 00
Amount of ledger assets December 31 of previous year ............. $1,168,189
97
INCOME.
-Fi]-e.
Gross premiums ...........          ..............      $848,023, 27
l)edlct   gross   ainouint   paiul  for   r ie'inlsura'n'e,
$187,704.93; return premiums, $92,105.76 .............2 79.870 69
Total premiums (other than perpetual) ...............           $568,152
58
Gross interest onl mortgage lons .        .....$0                 00
Gross interest on bonds and dividends onl stooks, less
$400.83 accrued interest on bonds acquired during
the -yet r  ...                                          31.228 45
Gross interest on deposits in trust companies and
ianks .............................      .......            626 -7
Gro8ss  rents from   colmpany'S,  property, includ-in
$2.200.00 for company's occupancy of its own buildl-       I
ings .................................................   5 ..40 00
'rotal grosq interest and rents ................................  .3",775
 Prf)
From acents' balances previously chargfd off ......................     
     7 20
G-oss increase, by adjustment, in book value of ledger assets:
onds .............. .................965 00
Total in1(0ome ...............     .   ..   ..                  $606,914
60
Total footins .1......................................... ,1775,098 57
DISBIJRSEMENTS.
Fire.
Gross "mount pnid policyholders for losses (incluid-
lna $42.710.02 occuirring isa pre-vious yoarq) ..........1 422,485 08
Deducet amount reoeive(1 for salvagef-. $3,872.98: rein-
srllace, $88,470.30; (liscoiint, $513.71 ... ............  928  356 99
Net amollulnt pa:id polieyholders for losses..                  $830.12.8
O0
x})penSe:'S of adjllstwoet and settlement of losses ................... ".
61I 2 26.1
Coumis~sions-, or brokherag.1828 0
'lilli~ ~ lS  1  bok~~l(+ .........................................................
  1 .   n
Allowlan11ces to local agencies for miscellaielolls ag-ency expenses ....
 2,- 72 50
S alaies .11..........................                                  
11,435 02
Salaries. fees. aInd all other char-es of officerls, directors, trustees
liltl 1h 1100   of-ice   emon loveq ........ ...... ................2  2........
...  2 , 8  37
TZoutq. il(eludhing $2,200.00 for company's occupancy of its own
bluildill"s   7........       ........................................
 2,7770 16
A(I vertisin P. $2147.5: pr inting aind stationery, $3,444.07  ...Sm. 9?
.( Q
Postbgxe, telegrams, telephone and express ......     .....................
 3.2'00 PI
T~egal   expellses  .............................  ......................
  624  09
]Furnl  l   itulre andl(l fixtures .............................        
      6-...................  6 (I (;