PHOENIX INS. CO.                              759
PHOENIX INSURANCE COMPANY
Hartford, Connecticut.
Home Office, 783 MAIN STREET.
[Incorporated May, 1854; commenced business June, 1854; admitted 1857.]
President, D. W. C. SKILTON.             Vice President, EDWARD MILLIGAN.
Secretary, JOHN B. KNOX.
CAPITAL STOCK.
Amount of capital paid up in cash .$2,000,000 00
Amount of ledger assets December 31, of previous year ........... $10,363,247
71
INCOME.
Fire.
Gross premiums .       ................................... $7,216,430 50
Deduct gross amount paid for reinsurance, fire,
$1,0^5,166.38; return premiums, fire, $1,034,792.71 ... 2,039,959 09
Total premiums (other than perpetual) ............ . ......... 5,170,471
41
Gross interest on mortgage loans ......     ..............  $2,909 59
Gross interest on collateral loans ......  ...............  549 35
Gross interest on bonds and dividends on stocks, less
$4,188.14 accrued interest on bonds acquired during
1912 ....................                              428,370 23
Gross interest on deposits in trust companies and
banks ........                                  ...     10,690 85
Gross interest from all other sources, on agents' bal-
an11ces ..........291 01
allees~ ~ ~~~y' ..............   :......................... 210
Gross rents from company's property ...      ............  14,089 68
Total gross interest and rents .......    ........................  450,W
 71
From all other sources:
From   Farmers and Mechanics National Bank, previously charged
off ................................................................ .f V)
(0
From agents' balances previously charged off           .       .        
 592 10
Gross profit on sale or maturity of ledger assets:
heal estate ...............$160.-             ...         $16 36
Ponds ...........                                          262 5()
Stocks ................. . ..........................   49,022 58
49,451 44
Total income ................................................. $5,684,31.5
72
Total footings ....................................    $164...... ;16,7,
563 43
DIS BTTRS EMIENTS.
Gross amoun11t naid polieyholders for losses (includ-
ing .8?l541.C664.06 occurring inw previous years ) ..... $3.... $, 277,050
79
Dedu-ct amouut received for salvage, fire. $15.812.29:
reinsurance, fire, $521,591.54; discount, fire, $1,0,45.72  .539.049 55
Net amount pail policyholders for looses.$2,73S,007 24
Fy-nenses of adjustment and settlement of losses .................     36
970 .57
Commissionis or brokerage .........       ...............................
1,065.210 01
Salaries $271.128.1. and expenses $143,639.22 of speeial and general
agents amni branelh office employes. ............  .     ..........  414.708;
03
mlatnies;. fces, nlnd all other (hargres of officers, directorx, trustees.
.iin(1 loleti office eliploye s.                                    I- "l!)
53