498                   GIRARD FIRE & MARINE INS. CO.
GIRARD FIRE AND MARINE INSURANCE COMPANY
Philadelphia, Pennsylvania.
Homrie Office, NORTHEAST CORNER CHESTNUT AND SEVENTH STREETS.
[Incorporated March, 1853; commenced business May, 1853; admitted February,
1872.]
President, HENRY M. GRATZ                    Vice President, GEORGE W. WATT.
Secretary and Treasurer, EDWARD J. THOMASON.
CAPITAL STOCK.
Amount of capital paid up in cash ....................    $500,000 00
Amount of ledger assets Dec. 31 of previous year ................... $2,536,8S5
SO
INCOME.
Fire.
Gross premiums ...............              .     ... $1,339,176 96
Deduct gross amount paid        far reinsurance, fire,
$289.568.67; return premiums, fire, $213,660.85 .502,629 52
Total premiums (other than perpetual)         .    .    .........  $836,547
44
Deposit premiums written on perpetual risks (gross)          .  .   .   
   8,805 30
Gross interest on mortgage loans .$9,766 48
Gross interest on collateral loans ......................     3,408 45
Gross interest on bonds and dividends on stocks, less
$26.SS accrued interest oin bonds acquired during
1912.                                                     so, 063 07
(1s05  jilllrelte 011 (lel)Osit inl trust  .ompan9ies alldl
C( T-o>sS filtteres 'voin ,'ll 1l ot1liorl soml-cofs:
I'lliladelphia lb d11r(lrwlril tes' deposit . ....6i
1-1ills  rpeeiva~bl( .i' .. . . . . . .. . . . . . . .. . . . S 9
I-iiss-l-rnts froeepablm cmp,,'s pr<)(y, itteluding: $9,0(05
01r (omlalinly's occ'liplil(y of it's owni bnluildiags .  17, 333 96
Tl'otail '' gro   intere,,-I'st  a  rilli ts ................................rent.11I
28-l  5.
Fromll other sources:   Return premilulns on perpetual reinsuraulce
policies.220 _0
Gross increase by adjustment in book value of ledger assets: Bonds      
  2,911 10
'Total income ..........- ........................                $959,765
87
Total footings                      .$3,496,651 67
DISBURSEMENTS.
F~ire..'
Gross amnouint jaid policyholders for losses (including
$69,259.64 occurring in previous years) ..............  $520,96107
Deduct amount received for salvage, fire, $4,951.35;
reinsurance, fire, $108,535.58 .........................   113,486 93
Net amount paid policyholders for losses          .    .     .          $407,474
14
Expenses of adjustment and settlement of losses         .   .    .      
 10,161. 08
Commissious or brokerage                     .       .       .         ,18,791
43