Newspapers / Daily Tar Heel (Chapel … / Feb. 21, 1920, edition 1 / Page 3
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Jefferson Standard Life Insurance Co. GREENSBORO, NORTH CAROLINA FINANCIAL STATEMENT AT THE CLOSE OF BUSINESS DECEMBER 31, 1919 ASSETS . LIABILITIES Real Estate Cost Price $ 211,922.99 Total Reserves .... .. .....$ 9,881,242.27 First Mortgage Real Estate Loans .....:................ 6,545,586,80 Au other Liabilities ..... 258,782.08 Surplus Reserves for Distribution to Policyholders During 1920.. ...$226,819.15 Held Awaiting Apportionment Upon Deferred Dividend Policies . .. ... 496,074.58 Policy Loans, Premium Notes and Liens..... 1,991,618.74 (Secured by Legal Reserve) Liberty Loan Bonds . 895,950.00 Other Bonds, Stocks and Collateral Loans ... 635,540.40 Certificates of Deposit .- 443,370.10 Cash in Office and Banks 387,691.26 Capital and Surplus . 580,000.00 Interest Due and Accrued 138,538.64 Net Due and Deferred Premiums.... 187,052.91 Total Surplus Protecting Policyholders 1,302,893.73 (Secured by Legal Reserve) . : All Other Admitted Assets 5,646.24 Total Admitted Assets ..$11,442,918.08 Total ..$11,442,918.08 GAINS FOR THE YEAR 1919 In Assets . .........:. .: $ 1,739,593.13 In Reserve ............ ........ - - - - 1,676,838.46 In Insurance in Force v ....... ... .... 37,201,240.00 In Total Surplus to Protect Policyholders .........1... 203,571.37 THIS ITEM INCLUDES GAINS IN DIVIDEND FUNDS AS WELL AS UNASIGNED SURPLUS Total Payments to Policyholders During 1919 ...... . .......... . 1,180,832.00 Total Payments to Policyholders Since Organization. 5,362,951.00 Insurance Issued During Year Paid for Basis.... 47,618,895.00 Total Insurance in Force December 31, 1919...'...,: ..... 118,846,234.00 8,128 Policies Issued During 1911 on North Carolinians, Totaling. 17,410,185.00 29,451 Policies in Force on North Carolinians, Totaling 51,376,162.00 OFFICIAL STATEMENT AUDITED AND APPROVED BY THE EXAMINERS OF THE INSURANCE DEPARTMENTS OF THE STATES OF NORTH CAROLINA AND VIRGINIA Jefferson Standard Life Insurance Co. GREENSBORO, NORTH CAROLINA This Company is a North Carolina Company. The officers live in the State. The directors live in the State. Forty per cent of the business is in the State. It is an institution of which North Carolina may well be proud. We are establishing an agency at Chapel Hill, and we ask that you give us your business. Every dollar placed with us for your protection helps North Carolina, for every dollar of it is invested here. Look for our announcement next week. THE UNIVERSITY AGENCY
Daily Tar Heel (Chapel Hill, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 21, 1920, edition 1
3
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