598             MASSACftUStTT§ VRV & UAIt.t9          t4S. WO.
MASSACHUSETTS FIRE AND MARINE INSURANCE
COMPANY
I3ostoi, Massachusetts.
Itlone Offlee, 95 WATE It ST. AND 65 KILBY     ST.
tlncorporated March 3, 1910; commenced business June 18, 1910.]
Date of admission into Wisconsin, October 26, 1910.
President, EVERETT C. BENTON.
Vice Presidents. JAMES J. STORROW, WALTER B. HENDERSON.
Secretary, WALTERt ADLARD.
CAPITAL STOCK.
Amount of capital paid up in cash ....................$ 500,000 00
Amount of ledger assets December 31 of previous year .........$ $1,190,950
52
INCOME.
Marine and
Fire.        inland.
Gross premiums ........                   $538,899 05  $168,325 42
Deduct gross amount paid for reinsuir-
ance: lire, $51,010.09; marine and in-
land, $17,906.75; return premiums:
tire, $80,718.05; marine and inland,
$26,079.20 ............................  131.728 14    43,985 95
Total premiums (other than per-
petual) ....                      $407,170 91  $124,339 47   $531,510 38
Gross interest on bonds and dividends on stocks, less
$389.60 accrued interest on bonds acquired during
the year .37,806 3a
Gross interest on deposits i I trust companies and
banks .1.832 02
Gross interest from  tll other sources:  Interest on
IPh illadelphia Fire Underwriters' deposit .....,.        6 3;10
Total gross interest and rents .......       .394.....           4      62
Gross profit on sale or maturity of ledger assets:
..on.ds ...                                              $168 75
Stocks.                                                  694 98
-           ~~~~863 7.3
(Goss increase, by adjustment, in book value of ledger assets:
B1oII(Is..7......................................                      791.
85
Total income ..$572,810 58
Total footings ...                                    $1,763.761- 10
DISBURSEENAINS.
MIarine and
Fire.        inland.
Gross -amount paid   policyholders for
loss-S   (ineluding,  $36,562.07  fire,
$2. 82.4 5marine occurring in previous
YeA r                                   $226,321 45   $32,902 09
A ^X1;X ............ ...... io .............   89  "  5 t3,9i  )
Dedwlat amount received for salvage:
tire, $1,071.22: marine  and  inland,
$4,540.94; reinsurance: fire, $29,783.55;
marine   and  inland, $1,294.09; dis-
count: fire, $15.32 ....................  30,870 09     5,835 0:i
IN-t nanuunt l)aild policyholders
for losses ......................  $195,451 36  $27,067 06   $222,518 42