882                  AACHEN & MUNICH FIRE INS. CO.
AACHEN AND MUNICH FIRE INSURANCE COMPANY
Aix-la-Chapelle, German1y.
1nIcorl)orate(d June 24, 1825; com -menced business in U. S., 1895.1
Date of admission into Wisconsin, 1897.
U. S. B3ranch Office, SO MAIDEN LANE, NEW      YORK CITY.
U. S. Manager, JOSEPH A. KELSEY.
CAPITAL STOCK.
Statutory deposit ..............                        $200,000 00
Amount of ledger assets I)ecemnber 31 of previous year ............. $2,5325,185
01
INCOME.
Fire.
Gross premiums ..............       :    .   ...      $1,769,961) 10
I)vdnct   gross   amount   piaid   for   reinsurance,
$273,458.44; return premiums, $297,051.74 .570,510 18
Total premiums (other than perpetual) ......................$ 1,199,458 92
Gross interest on bonds and dividends on stocks, less
$1,933.08 accrued interest on bonds acquired during
the year .$82,705 82
Gross interest on deposits in trust companies and
banks .3,259 35
Total gross interest and rents ...............................       ,  
17
From other sources: Home office ..................................      10,682
63
Total income .................................................. $1,296,106
72
Total footings ..                               .        $3,821,2291 73
DISBURSEMENTS.
FIire.
Gross amount paid policyholders for losses (includ-
ilug $99,769.64 occurring in previous years) .........  $750,041 57
Deduct amount received for salvage, $13,662.51; rein-
surance, $154,086.70; discount, $641.27 ..... .........  168,390 48
Net amount paid policyholders for losses .....................   $581,651
09
Expenses of adjustment and settlement of losses ......    ............  21,
94: 22
Commissions or brokerage ........        .................................
 255,237 40
Allowances to local agencies for miscellaneous agency expenses ....     
  21)I 20
Salaries, $23,696.94, and expenses, $17,752.69, of special and general
agents ............................................................   41,449
63)
Salaries, fees and all other charges of officers, directors, trustees
and home office employes ........       ................................
 84,069 95
Rents ...................                         - ..6,961 97
Advertising, $2,267.09; printing and stationery, $7,741.49    ........  10,009
47
Postage, telegrams, telephone and express .........................     10,380
7:l
Legal expenses ...............     .....................................
 102 67
Furniture and fixtures ....................                             2,234
80,
Maps, including corrections .........     ...............................
 4,700 05
UTnderwriters' boards and tariff associations .......................   
17,138 61
Fire department, fire patrol and salvage corps assessments, fees,
taxes anmi expenses ........................              -            14,122
45
Inspections and surveys .........        .................................
 1,595 04
State taxes on premiums ...........................................     
20,041 A1
Insurance department licenses and fees .............................    
 8,359 11