ABSTRACTS FROM STATEMENTS OF MISSOURI TOWN MUTUAI FIRE INSURANCE COMPANIES DECEMBER 31, 1904. W. D. VANDIVER, S UPERINTENDENT. \ THE HUGH STEPHENS PRINTING COMPANY, JEFFERSON CITY, MO. Digitized by the Internet Archive in 2017 with funding from University of Illinois Urbana-Champaign Alternates https://archive.org/details/abstractsfromstaOOvand ^ N 13 d. v Ye e.'fc £* v> CITIZENS’ TOWN MUTUAL FIRE INSURANCE COMPANY. (611 Shukert Building, Kansas City, Mo.) SAMUEL J. BROOKS, President. O. W. WILLMOTT, Secretary. Total available assets on hand (including premium notes) at beginning of year, 1904 .. $4,695 23 I. RECEIPTS. Amount of cash premium and payment on notes during year $1,314 90 Amount received as interest on bonds and mortgages’ $15 06 Income other than for premiums, interest on money in bank 15 06 Notes taken during year 2,676 85 Total income for year $4,006 84 Sum (including assets and income) $8,702 04 II. DISBURSEMENTS. Gross amount paid for losses * $216 12 Notes returned, on cancellations, lapses, etc 3,765 85 Premiums or assessments returned 2 85 > ' Commissions paid agents 261 65 Salaries paid office employes 327 75 Rents, $51.00; taxes, $1.43 52 43 All other disbursements, viz.: Adjusting losses, $6.00; printing, $11.25 ; advertising, $6.30 ; bond, $25.00 ; telephone, $6.00 ; Insurance Department, $5.00 59 55 Disbursements except for losses $4,470 08 Total disbursements $4,686 20 Balance on hand * $4,015 84 III. ASSETS. Balance of notes on policies in force $3,085 55 Cash in office, $4.50 ; in bank, $690.54 695 04 Total admitted assets as per balance $3,780 59 IY. ASSETS NOT ADMITTED. Unpaid assessments due on premium notes $74 40 Notes held on cancelled policies 160 85 Total unadmitted assets $235 25 Gross assets $4,015 84 Y. LIABILITIES. Amount due for salaries $60 00 Total except for losses $60 00 Grand total $60 00 Amount of risks outstanding (fire, $105,050.00; cyclone, 98,650.00).*. $105,050 00 _ O pk yon 4 Missouri Town CONCORDIA TOWN MUTUAL FIRE INSURANCE COMPANY. CONCORDIA, MISSOURI. JOHN P. LOHOEFNER, President. JULIUS VOGT, JR., Secretary. Total available assets on band (including premium notes) at beginning of year $19,755 75 I. RECEIPTS. amount of cash premium and payment on notes during year $8,023 38 Amount received a« interest on bonds and mortgages $383 33 Amount received from other sources : Assessment 3 05 Income other than for prem ums 386 38 Notes taken during year 7,334 91 Amount of cash received on risks re-insured 22 33 Total income for year $15,767 00 Sum (including assets and income) $35,522 75 II. DISBURSEMENTS. Gross amount paid for losses $3,960 20 Net amount paid for losses $3,960 20 Notes returned, on cancellations, lapses, etc f5,?37 84 Premiums or assessments returned 100 62 Commissions paid agents 2,002 55 Salaries paid officers 494 00 All other disbursements 237 35 Disbursements except for losses $8,572 36 Total disbursements $12,532 56 Balance on hand $22,990 19 III. ASSETS. Balance of notes on policies in force $9,643 15 Cash in bank 4,404 44 Mortgage loans 6,942 60 Book value of bonds and stocks 2,000 00 Total admitted assets as per balance $22,990 19 IV. ASSETS NOT ADMITTED. Office furniture and fixtures $207 00 Total unadmitted assets $207 00 Gross assets $23,197 19 V. LIABILITIES. Losses reported unadjusted $1,050 00 Net amount unpaid losses $1,050 00 Grand total $1,050 00 Amount of risks outstanding (fire, $975,303.00; cyclone, $184,520.00) $1,159,823 00 Mutual Insurance Companies. 5 FARMERS’ TOWN MUTUAL FIRE INSURANCE COMPANY. MEXICO. MISSOURI. ALEXANDER CARTER, President. W. L. FOWLES, Secretary. Total available assets on hand (including premium notes'! at beginning of year $10,03S 17 I. RECEIPTS. Amount of cash premium and payment on notes during year (fire, $8,047.15 ; tornado, $1,304.99 $9,352 14 Notes taken during year (net) 4,385 68 Total income for year $13,737 77 Sum (including assets and income) $23,775 94 II. DISBURSEMENTS. Net amount paid for losses $1,656 37 Notes returned, on cancellations, lapses, etc $1,650 10 Premiums or assessments returned 992 28 Amount paid for re-insurance 282 08 Commissions paid agents 3,190 04 Salaries paid officers 122 00 All other disbursements : .Postage, supplies, etc 122 42 Dividends paid policyholders 253 08 Disbursements except for losses 6,611 90 Total disbursements $8,268 27 Balance on hand $15,507 67 III. ASSETS. Balance of notes on policies in force (net) $8,322 18 Cash in bank 2,302 10 Interest notes 4,034 28 All other assets, viz. : In course of collection 849 11 Total admitted assets as per balance $15,507 67 IV. ASSETS NOT ADMITTED. Other assets not admitted, viz. : Supplies, blanks, etc $250 00 Total unadmitted assets $250 00 Gross assets $15,757 67 V. LIABILITIES. Due on re insurance $26 00 Grand total $26 00 Amount of risks outstanding (fire $658,380.00; cyclone, $373,505) $1,031,885 00 JEFFERSON CITY TOWN MUTUAL FIRE INSURANCE COM- PANY. JEFFERSON CITY, MISSOURI. ' A. P. GRIMSHAW, President. G. E. LOHMAN, Secretary. Total available assets on hand (including premium notes) at beginning of year $7,229 30 I. RECEIPTS. Amount of cash premium and payment on notes during year (fire, $1,093.41 ; tornado, $4.00) $1,097 41 Notes taken during year 5,275 72 Total income for year $13,602 43 6 Missouri Town II. DISBURSEMENTS. Gross amount paid for losses $3 00 Net amount paid for losses v $3 oo Notes returned, on cancellations, lapses, etc $4,974 11 Premiums or assessments returned 15 63 Commissions paid agents 300 00 All other disbursements, viz. : Expense, $68.62 ; payment on , Building & Loan stock (10 shares) ,$120.00 188 62 Disbursements except for losses 5,478 36 Total disbursements $5,481 36 Balance on hand $8,121 07 III. ASSETS. Balance on notes on policies in force $5,399 43 Cash in bank 1,813 24 Book value of bonds and stocks : B. & L. stock 908 40 Total admitted assets as per balance . $8,121 07 Amount of risks outstanding (fire, $2,278.50; cyclone, $2,000.00) $229,850 00 MARSHALL TOWN MUTUAL FIRE INSURANCE COMPANY. MARSHALL, MO. ISAAC N. MITCHELL, President. G. L. WERTH, Secretary-Treasurer, Total available assets on hand (including premium notes) at beginning of year $541 48 I. RECEIPTS. Amount of cash premium and payment on notes during year (fire, $190.65 ; tornado, $7.80) $198 45 Notes taken during year 27 50 Total income for year $225 95 Sum (including assets and income) $767 43 II. DISBURSEMENTS. (Gross amount paid for losses $1,505 26) (Less amount received for re-insurance 1,505 26) Notes returned, on cancellations, lapses, etc 25 15 Premiums or assessments returned 62 12 Amount paid for re-insurance 69 56 Commissions paid agents 52 77 All other disbursements, viz. : Printing, $5.00 ; Insurance De- partment, $5.00 ; notary public, $4.00 14 00 Disbui’sements except for losses 223 60 Total disbursements $223 60 Balance on hand $543 S3 III. ASSETS. Balance of notes on policies in force $543 83 Total admitted assets as per balance $543 83 IV. ASSETS NOT ADMITTED. Unpaid assessments due on premium, notes $2,901 02 Office furniture and fixtures 200 00 Other assets not admitted, viz. : Due from Mercantile Town Mutual Ins. Co 500 00 Total unadmitted assets $3,601 02 Mutual Insurance Companies. 7 V. LIABILITIES. Losses due and unpaid $2 50 Gross amount unpaid losses 2 50 Deduct reinsurance $2 50 Amount of risks outstanding (fire, $58,100.00; cyclone, $11,975.00) $70,025 0 MERCANTILE TOWN MUTUAL INSURANCE COMPANY. CAPE GIRARDEU, MO. E., H. ENGLEMANN, President. J. W. DAUGHERTY, Secretary. Total available assets on hand (including premium notes) at beginning of year $116,762 75 I. RECEIPTS. Amount of cash premium and payment on notes during year( fire, $77,441.08; tornado, $1,341.03) $78,782 11 Amount received for -rent $1,118 00 Amount received from other sources 6,828 23 Income other than for premiums 7,946 23 Notes taken during year 4,410 38 Amount of cash received on risks re-insured 1,050 94 Total income for year $92,189 66 Sum (including assets and income) $208,952 41 II. DISBURSEMENTS. Gross amount paid for losses $50,401 29 Less amount received for re-insurance 3,403 44 Net amount paid for losses $46,997 85 Notes returned, on cancellations, lapses, etc $31,707 08 Premiums or assessments returned 16,915 50 Amount paid for re-insurance 8,647 57 Commissions paid agents 11,138 08 Salaries office employes 5,851 40 Rents, $1,343.81; taxes, $294.04 1,637 85 All other disbursements, viz. : Dividends, furniture and fix- tures, printing, stationery, interest, postage, exchange, telegrams, expenses and traveling 5,567 59 Disbursements, except for losses 81,465 07 Total disbursements $128,462 92 Balance on hand $80,489 49 III. ASSETS. Balance of notes on policies in force $55,774 66 Cash in bank 9,939 €3 Mortgage loans 9,000 00 Due from companies for re-insurance 1,000 00 All other assets, viz. : Bills receivable, $389.00 ; agents’ bal- ances, $6,841.58 7,230 69 Total admitted assets as per balance $S2,944 98 Less all unpaid bills 2,455 49 Total $80,489 49 IY. ASSETS NOT ADMITTED. Unpaid assessments due on premium notes $507 5S Notes held on cancelled policies 2,635 20 Office furniture and fixtures 5,500 00 Total unadmitted assets 8,642 78 Gross assets $89,132 27 8 Missouri Tozvn V. LIABILITIES. Losses adjusted not yet due $2,327 75 Losses resisted 3,208 50 Losses reported unadjusted 2,175 00 Gross amount unpaid losses $7,711 25 Net amount unpaid losses : $7,71175 Amount of securities deposited with State Insurance Department $16,300 00 Amount of risks outstanding (fire, $6,376,010.84 ; cyclone, $336,493.33) $6,712,504 17 MISSOURI RETAIL HARDWARE DEALERS’ TOWN MUTUAL FIRE INSURANCE COMPANY. ST. JOSEPH, MO. TAYLOR FRIER, President, Louisiana, Mo. FRED K. NEUDORFF, Secretary, St. Joseph, Mo : I. RECEIPTS. Amount of cash premium and payment on notes during year $1,519 96 Amount received from other sources $27 72 Income other than for premiums 27 72 Notes taken during year 4,255 00 Total income for year $5,802 68 Sum (including assets and income) $5,802 68 II. DISBURSEMENTS. Gross amount paid for losses $160 00 Net amount paid for losses $160 00 Total disbursements $160 00 Balance on hand $5,642 68 III. ASSETS. Balances of notes on policies in force $4,255 00 Cash in bank 1,387 68 Total admitted assets as per balance 4 $5,642 68 IV. ASSETS NOT ADMITTED. Other assets not admitted, viz. : Cash for premiums not paid, $98.00; notes, $200.00 $298 00 Total unadmitted assets $298 00 Gross assets $5,940 68 Amount of risks outstanding: Fire $89,840 00 PHOENIX TOWN MUTUAL FIRE INSURANCE COMPANY. ST. LOUIS, MO. H. E. ROGERS, President. FREEMAN WRIGHT, Secretary. Total available assets on hand (including premium notes) year at beginning, of $14,000 00 I. RECEIPTS. Amount of cash premium and payment, on notes during year (fire, $14,663.39; tornado, $416.75) $15,080 14 15,080 14 $30,008 14 Total income for year Sum (including assets and income) Mutual Insurance Companies. 9 II. DISBURSEMENTS. Gross amount paid for losses $4,139 12 Net amount paid for losses 4,139 12 Premiums or assessments returned $765 82 Commissions paid agents 3,754 54 Salaries paid officers: Secretary, $2,500.00; vice-president, $420.00 2,920 00 Salaries office employes 1,196 00 Rents $210.00; taxes and licenses, $100.00 - 310 00 All other disbursements, viz. : Inspections, postage, telephone, office supplies, etc 230 16 Disbursements except for losses 9,176 52 Total disbursements $13,315 64 Balance on hand $1,764 50 III. ASSETS. Cash in bank $1,764 50 Book value of bonds and stocks and demand notes 14,000 00 Total admitted assets as per balance $15,764 50 IV. ASSETS NOT ADMITTED. Other assets not admitted, viz. : Agents’ balances due and collectable $4,929 42 Total unadmitted assets $4,929 42 Gross assets $20,693 92 V. LIABILITIES. Losses adjusted not due $649 00 Losses resisted 1,500 00 Gross amount unpaid losses $2,149 00 Net amount unpaid losses $2,149 00 Amount of risks outstanding (fire, $619,048.90; cyclone, $62,900.00) $681,948 90 \ PROGRESSIVE TOWN MUTUAL FIRE INSURANCE CO. (No. 415 Hall Building, Kansas City, Mo.) WM. WHITING, President. C. E. GORHAM, Secretary. Total available assets on hand (including premium notes) at beginning of year .. $9,539 68 I. RECEIPTS. Amount of cash premium, and payment on notes during year $3,036 16 Amount received for rent $223 00 Amount received from other sources 6 00 Income other than for premiums 229 00 Notes taken during year 5,668 33 Total income for year $8,933 49 Sum (including assets and income) $18,473 17 II. DISBURSEMENTS. Gross amount paid for losses $276 77 Net amount paid for losses T. $276 77 Notes returned, on cancellations, lapses, etc $12,346 27 Premiums or assessments returned 88 69 Commissions paid agents 689 37 Salaries paid officers 628 00 Salaries office employes 667 69 Rents 470 00 All other disbursements, viz. : Insurance Department, postage, printing, stationery, telephone, advertising, return commissions 405 30 Disbursements except for losses $15,295 32 Total disbursements $15,572 09 Balance on hand $2,901 08 TO Missouri Town III. ASSETS. Balance of notes on policies in force $2,859 91 Cash in office, $39.34; in bank, $1.83 . 4117 Total admitted assets as per balance $2,901 08 IV. ASSETS NOT ADMITTED. Notes held on canceled policies $9,310 11 Office furniture and fixtures 25 00 Other assets not admitted, viz. : Office supplies 75 00 Notes canceled, charged to profit and loss 3,036 16 Total unadmitted assets $12,446 27 Gross assets $15,347 35 V. LIABILITIES. Losses adjusted not due $50 00 Losses resisted 100 00 Gross amount unpaid losses $150 00 Net amount unpaid losses $150 00 Amount due, rents $40 00 Total except for losses 40 00 Grand total $190 00 Amount of risks outstanding, fire $323,565 00 WEBSTER GROVES TOWN MUTUAL FIRE INSURANCE CO. WEBSTER GROVES, MISSOURI. MARMION SIMMONS, President. J. E. WERTH, Secretary. Total available assets on hand (including premium notes) at beginning of year $2,217 71 I. -RECEIPTS. Amount of cash premium and payment on notes during year (fire, $504.41 ; tornado, $5.00) $509 41 Notes taken during year . 64 00 Total income for year ' $573 41 Sum (including assets and income) $2,79112 II. DISBURSEMENTS. Gross amount paid for losses $682 14 Less amount received for re-insurance 682 14 Notes returned, on cancellations, lapses, etc $1,018 35 Premiums or assessments returned ' 80 48 Amount paid for re-insurance 341 08 Commissions paid agents 115 86 All other disbursements, viz. : Insurance Department, election and other expenses ./. v 19 14 Disbursements except for losses $1,574 91 Total disbursements $1,574 91 Balance on hand $1,216 21 III. ASSETS. Balance of notes on policies in force $1,216 21 Total admitted assets as per balance $1,216 21 Mutual Insurance Companies. ii IV. ASSETS NOT ADMITTED. Office furniture and fixtures $50 00 Total unadmitted assets $50 00 Gross assets $1,266 21 Amount of risks outstanding (fire, $66,910.00; cyclone, $2,300.00) $69,210 00 WESTERN MILLERS’ MUTUAL FIRE INSURANCE CO. TOWN MUTUAL. KANSAS CITY, MISSOURI. W. H. WAGGONER, President. CHAS. H. RIDGWAY, Secretary. Total available assets on hand (including premium notes) at beginning of year $477,519 38 I. RECEIPTS. Amount of cash premium and payments on notes during year $19,205 73 Amount received as interest on bonds and mortgages $212 50 Amount received from other sources 6,371 55 Income other than for premiums, assessments 58,357 99 64,942 04 Notes taken during year $263,269 55 Total income for year $347,417 32 Sum (including assets and income) $824,936 70 II. DISBURSEMENTS. Net amount paid for losses $36,116 10 Premiums or assessments returned $2,430 02 Commissions paid agents 1,889 71 Salaries paid officers 3,000 00 Salaries office employes 3,463 38 Rents 660 00 All other disbursements, viz. : Miscellaneous 4,712 18 16,155 29 Disbursements except for losses, cancelled notes 130,763 25 Total disbursements $183,034 64 Balance on hand $641,902 06 III. ASSETS. Balance of notes on policies in force Cash in bank Mortgage loans Total admitted assets as per balance IY. ASSETS NOT ADMITTED. Unpaid assessments due on premium notes $2,216 07 Office furniture and fixtures 500 00 Total unadmitted assets 2,716 0? Gross assets $644,618 13 Net deposit notes on January 1, 1905 $471,998 92 Amount of risks outstanding, fire $3,260,575 00 $584,271 28 53,380 78 4,250 00 $641, 902 06