1032


STATE ASSURANCE COMPANY.
STATE ASSURANCE COMPANY, LIMITED
Liverpool, England.
U. S. Office, 36 PEARL STREET, HARTFORD, CONN.
[Incorporated April 10, 1891; commenced business in U. S., 1897.]
Date of admission into Wisconsin, 1899.
U. S. Manager, JAMES H. BREWSTER.


CAPITAL STOCK.
Statutory deposit ..............                          $200,000 00
Amount of ledger assets December 31 of previous year...........
INCOME.
Fire.
Gross premiums ...........          ................      $228,612 24
Deduct gross amount paid for reinsurance, $75,995.74;
return premiums, $40,986.44 .........................   116,982 18
Total premiums (other than perpetual)......................
Gross interest on bonds and dividends on stocks, less
$282.50 accrued interest on bonds acquired during
the year .....                                          $15,437 50
Gross interest on deposits in trust companies and
banks ...............................................        337 96
Total gross interest and rents...............................
1?romi other sources: Received fromn home office....................


$475,572 60
$111,630 06


15,775 46
21,255 00


Total income     .    ...............................................   $158,660
52
Total footings ...........................................        $634,233
12


DISBURSEMENTS.
Fire.
Gros anmount naid policyholders for losses (includ-
ing $16,511.48 occurring in previous years) ...... $100,168 15
Deduct amount received for salvage, $1,007.68; rein-
surance, $34,822.66; discount, $88.43 ................ 3 5,918 77
Net amount paid policyholders for losses.
Expenses U-Padjustment and settlement of losses..................
Commissions or brokerage ........................................
Allowances to local agencies for miscellaneous agency expenses...
Salaries, $784.71, and expenses, $120.00, of special and general agents
Salaries, fees and all other charges of officers, directors, trustees
and home office employes......................................
Rents ....................................
Advertising, $336.30; printing and stationery, $914.13...............
Postage, telegrams, telephone and express .........................
Underwriters' boards and tariff associations.......................
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses .        ...............     I..............
Inspections and surveys ................................;.
State taxes on premiums......................................
Insurance department licenses and fees...........................
All other licenses, fees and taxes:
Federal corporation tax ............................      $84 68
Municipal licenses ..........   ........................  344 41


$64,249 41
1,237 75
25,259 47
313 64
904 71
4,605 19
373 26
1,250 43
667 20
2,393 19
1,533 16
65 64
2,315 00
2,073 58


429 09