AMERICAN DRUGGISTS FIRE INS. CO.                        267
AMERICAN DRUGGISTS FIRE INSURANCE COMPANY
Cincinnati, Ohio.
Home Office: 1215, 1216 MERCANTILE LIBRARY BUILDING.
[Incorporated February, 1906; commenced business Jan. 15, 1907; admitted
July, 1907.]
President, CHAS. H. AVERY.                    Vice President, L. G. HEINRITZ.
Secretary, FRANK H. FREERICKS.
CAPITAL STOCK.
-Amount of capital paid up in cash ................    $200,000 000
Amount of ledger assets December 31 of previous year ...........      $319,635
49
INCOME.
Fire.
Gross premiums ............      ........................  $103,024 09
-Deduct gross amount paid for reinsurance, fire,
$6,428.31; return premiums, fire, $3,132.28 ..... .....  9,560 59
Total premiums (other than perpetual)       .    .            $93,463 50?
Gross interest on bonds and dividends on stocks, less
$112.24 accrued interest on bonds acquired during
the year ......................                        $12,106 68
Gross interest on deposits in trust -ompaunies and
banks   . ...........................................      319 S5
Total gross interest .................                          12,426 53
From   other sources: Stock transfer fees ......      ...................
 11 50
'Increase in liabilities during the year on account of reinsurance
treaties  ........................................... ...... .......... 
 4 12
Gross increase, by adjustment, in book value of ledger assets, viz.:
Bonds ...........................  ................................     
49 90
Total income ...............................................  $105,955 55
Total *footings .........      ...............................  $425,591
04
DISBURSEMENTS.
Fire.
-Gross amount paid policyholders for losses (includ-
ing $1,500 occurring in previous years) ............    $11,830 15
'Deduct amount received for salvage, fire .....   ......     802 72
Net amount paid policyholders for losses ........    .........  $41,027 43
Expenses of adjustment and settlement of losses .................       
1,236 34
liommisslons or brokerage       .................... ....................
 11,365 06
Salaries, $706.67,. and expenses, $808.23, of special and general
agents  ............................ ..................... .          1,514
 90
'Salaries, fees and other charges of officers, directors, trustees and
home office employes .................-. 10,657 70
Rents   ...                                  ......                     
 . ................  480  00
Advertising. $2,633.35; printing and stationery, $1,013..78 .3,647 13
Postage, telegrams, telephone and express ......       ..................
 1,154 27
Legal expenses ..................                                       
  25 00
Fire department, fire patrol, and salvage corps assessments, fees,
taxes and expenses .          ................            ,          -
Inspections and surveys .............     ...............................
  02 5-
State taxes on premiums ..............                                  
 2,224 94
Insurance department licenses and fees ........................ -..     
 1,622 65
All other licenses. fees and taxes:
Federal corporation tax ........    .....................  $269 85
License on cap. $40.J00: term tax on cap. $30.00; Cal.
corp. tax. $50.00; Hamilton Co. pers. property
tax, $51.31 .......................................       171 31