796                       SECURITY FIRE INS. Co.
SECURITY FIRE INSURANCE COMPANY
Davenport, Iowa.
Home Office, 217 WEST FOURTH         STREET.
[Incorporated 1883; commenced business November, 1883, admitted]
President, S. F. GILMAN.                   Vice President, J. W. BOLLINGER.
Secretary, M. C. HINSCH.
CAPITAL STOCK.
Amount of capital paid up in cash ....................  $200,000 00
Amount of ledger assets December 31 of previous year ............    $544,173
33
INCOME.
Fire.
Gross premiums ................                         $295,426 60
Deduct gross amount paid for reinsurance $42,050.57;
return premiums, $23,592.67 .......     ................  65,643 24
Total premiums (other than perpetual) ....                     $229,783 36
Gross interest on mortgage loans, less $841.60 accrued
interest on mortgages acquired during the year ....    $20,807 10
Gross interest on collateral loans ....................     745 83
Gross interest and dividends on preferred stock .....        300 00
Gross interest on deposits in trust companies and
banks   ..................................               1,072 45
Gross interest from all other sources: B. R. interest.       679 08
Gross rents from company's property, including
$1,500.00 for company's occupancy of its own build-
ings ................................................    3,716 25
Total gross interest and rents .....                             27,320 71
From other sources: B. R. previously charged off .................      
  49 98
From agents' balances previously charged off ......................     
 157 99
Total income ..............     ..................................  $257,312
04
Total footings ..........     ...............................  $801,485 3s7
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $7,558,92 occurring in previous years) .......... $102,799 42
Deduct amount received for salvage, $292.58; reinsur-
ance, $16,714.49 ............  ........................  17,007 07
Net amount paid policyholders for losses ....................   $85,792 35
Expenses of adjustment and settlement of losses ....................    
 763 22
Commissions or brokerage ..........       ............................. 
57,552 70
Salaries, $9,825.00, and expenses, $6,843.28, of special and general
agents ...              i                                            16,668
28
Salaries, fees and all other charges of officers, directors, trustees
and home office employes ...                                         12,721
21
Rents, including $1,500.00 for company's occupancy of its own
buildings .   ........................................................  1
695 00
Advertising, $946.80; printing and stationery, $3,928.90 .............. 
4,875 70
Postage, telegrams, telephone and express ........................     2,445
76
Legal expenses ...................................................      
305 00
Furniture and fixtures ...........     .................................
 1,796 44
Maps, including corrections .........      ..............................
 586 5 0
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ..............     ................................  152
28