802                          SECURITY INS. CO.
SECURITY INSURANCE COMPANY
New Haven, Connecticut.
Home Office, 49 ELM STREET.
[Incorporated May, 1841; commenced business May, 1841; admitted May, 19019.]
President, JOHN W. ALLING.                   Vice President, E. G. STODDARD.
Secretary, VICTOR ROTH.
CAPITAL STOCK.
Amount of capital paid up in cash ......    ............. $1,(0)00,000 00
Amount of ledger assets December 31 of previous year .....    ...... $3,778,224
0S
INCOME.
Fire.
Gross premiums ..........                            ............................
$3,141,719  28
DeducL gross amount paid for reinsurance, fire,
tih-4,127.19; return premiums, fire, $545,874.98 ....... 1,120,002 17
Total premiums (other than perpetual).                       $2,021,794 11
Gross interest on mortgage loans ......    ..............  $13,488 28
Gross interest on collateral loans ......  ..............  5,253 55
Gross interest on bonds and dividends on stocks, less
$0;43.46 accrued interest on bonds acquired during
the year ............................................  13o,242 68
Gross interest from all other sources;
On premium notes ..........     .......................    92 01
On LPhiladelphia Underwriters' Association deposit          3 15
Gross rents trom   company's occupancy of its own
buildings ............................................  8,937 50
Total gross interest and rents .......      .......................  163,017
17
From all other sources:
Borrowed money ....             ............          $80,0100 00
Old premium notes ....           ............              12 00
80,012CO
From agents' balances previously charged off .....     ................ 
207 49
Gross profit on sale or maturity of ledger assets: Bonds    .........   
568 75
IIkLII O'K1-  i     1i   I
Total income ..............    .................................. $2,265,599
52
Total footings ...........                             $6,043,824 20
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $232,997.48 occurring in previous years) ....... $1,338,360 37
Deduct amount received for salvage, fire, $9,375.09;
reinsurance, fire, $298,843.23; discount, fire, $1,112.18  309,33,0 50
Net amount paid policyholders for losses .......   ............ $1,029,029
87
Expenses of adjustment and settlement of losses .....     ............  24,118
58
Commissions or brokerage .......................                      423,191
56
Allowances to local agencies for miscellaneous agency expenses ...    16,870
11
Salaries, $47,348.71, and expenses, $40,906.35, of special and general
agents .........................................      .             88,255
06
Salaries, fees, and all other charges of officers, directors, trustees,
and honme office employes ........................................  108,723
61