452                      FRANKLIN FIRE INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid ......   .............  $33,535 15
Gross claims for losses in process of adjustment or
in suspense, plus $5,895.64; reserve for losses in-
curred prior to Dec. 31, of which no notice had
been received on that date .......  ..................  141,734 82
Gross claims for losses resisted ......................  9,414 81
Total .............                       ...   $184,684 78
Deduct reinsurance due or accrued .29,815 85
Net amount of unpaid losses and claims                       $154,868 93:
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including Interest
premiums on perpetual fire risks, $970,056.69; un-
earned premiums (fifty per cent) ......  ............  $485,028 34
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $1,485,079.22; un-
earned premiums (pro rata) .......    ................  809,669 59
Total unearned premiums as computed above .1,294,697 93
Amount reclaimable by the insured on perpetual fire insurance
policies, being 90 and 95 per cent of the premium of deposit re-
ceived                                                           691,192
33
Dividends declared and unpaid to stockholders                           
6 00
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  1,512
00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of, this statement .20,740 03
Commissions, brokerage and other charges due or to become due
to agents and brokers ............    ..........................  30, 068
66;
Return premiums, $15,859.310; reinsurance premiums, $12,017.48 ...  27.876
78
Total amount of all liabilities except capital ..............  $2,220,962
66;
Capital actually paid up in cash .....................  $500,000 00
Surplus over all liabilities .........................6. 41,852 74
Surplus as regards policyholders .........    ..........................
 1,141,852 74
Total liabilities ............................................. $3,362,815
40
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.    thereon.
In force on the 31st day of December .$240,573,109 2,448,443 31
Written or renewed during the year .174,168,106 1,879,343 9-9
Total ............................................ $414,741,215 $4,327,787
30
Deduct those expired and marked off as terminated    169,187,167 1,659,055
43
In force at the end of the year ..... ........... $245,554,048 $2,668,731
87
Deduct amount reinsured ........    ....................  18,479,760  213,595
96
Net amount in force .......  ................... $227,074,288 $2,455,135
91
Perpetual risks in force (not included, above), $34,997,386.20.  Deposit
pre-
m-niums on same, $756,184.90.