Newspapers / Salisbury Globe (Salisbury, N.C.) / April 5, 1905, edition 1 / Page 3
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If A TUT pi STRONGER FINANCIALLY, AND IN THE CONFIDENCE OF THE PUBLIC, THAN EVER BEFORE . A YEAR OF GREATEST GAINS IN PROGRESS, SECURITY AND USEFULNESS. St.... J CS. -vi rJOawCMyJr , Number of Policies in force, nearly 6 Million Increase in Number of Policies in forced over One-half Mi Hi oil TWENTC-HlllTH ANNUAL STATEMENT, JANUARY 13 1905. ASSETS $10,882,977.19 BONDS AND MORTGAGES 3309 All First Liens on Property, valued at . . pEAL ESTATE owned by the Company RAILROAD BONDS . . . . . . MUNICIPAL AND MISCELLANEOUS BONDS . . UNITED STATES GOVERNMENT BONDS NATIONAL BANK AND TRUST COMPANY STOCKS Total Market Value of above Bonds and Stocks . . $12,128,567.87 . Total Cost Value of above Bonds and Stocks . . i 40,697,570.44 Increase in Value qf Bonds and Stocks over Cost, $ 1,430,997.43 CASH IN 259 BANKS AND TRUST COMPANIES throughout the United States, and cash In office ($6,154,811 23 ot interest) . . . . . . INTER EST , AN D R ENTS, due end accrued LOANS1 ON COLLATERAL SECURITIES . . . -.. . Bonds nd.Stocksy having .Market Value of . . , $ 7,349,322:00 . - Excess of-. Market-Valued oyer amount Loaned, showing margin of security oi . . . . . . . . l,So4,222.00 LOAINii TO POL1CYHOLDERS ... ... r. ? On 4he ecurityof Iheir Policies -the Reserve Value m their Policies being . . . . $ 4,427,233.00 SEMI-ANNUAL AND QUARTERLY PREMIUMS not N yet due, and -Premiums in course of collection (Bserre fcharged.in Liabilities) . - . . . - . . $15,682,358.73 12,494,957.86 27,681,596.87 10,141,1 96.00 105,375.00 4,200,400.00 6, 832,683.09 641,775.83 5,665,1 00.00 2,427,950.12 2,888,911.65 88,762,300.17 : LIABILITIES. RESERVE, Legal and Special . . ... Amount held to Protect Policy Contracts. ALL OTHER LI ABILITIES .. . .., .... Policy Claims, including those in process of adjustment; Premiums paid in advance; Unearned Interest on Policy Loans; Bills awaiting presentation for payment, etc. SURPLUS TO POLICYHOLDERS $73,954,919.00 1,481,519.84 13,325,866.33 Total Liabilities . $88,762,305.17 Paid Policyholders during 904, over 13 Million Dollars Total Payments toA Policyholders, December 31, 19047 over V : i 92 Million Dollars in over 16 Million Dollars Cash Dividends and other concessions, not stipo , lated in original contracts, and voluntarily given to holders of old Policies, to date, over'.: 5 Million Dollars Lof ! iver Millie Nip LARGEST IN THE HISTORY OF THE COMPANY . 1 MM LIFE INSURANCE IN FORCE As COAlPLETi: jSCHEDUI:3 ' OP BONDS OWNED BY . THE mUDENTIAIy (Market Value, Jan. i, 1905) Not one of -which 13 ia Default of Priacipcil or Interest. DESCRIPTION ju'uri'ty Int- Market VmlM Borough of AsburyP.trk. N.J. , Wter 1027 C (51.525 00 Boro of Chatham, Morris Co N.J.,Water (Reg.) 1917 4 45.000 00 Borough of Chatham, N. J.. Electric Light (Rejf.) . 1&21 4 13.000 00 Borough of ColUnKSwond, N. J.. Improvement.. 19S4 4 98,425,00 Borough of Lodl, N. J., Street Improvement.... 1927 S 13.800 00 Buffalo City, N. Y.. Gas ConiM-iny... 1947 B 120,000 00. City of Atlantic City, N. J., W-ter 1925 5 295.000 00 City of Elizabeth, N.J. . Adjustment... 1922 4 341.700 00 City of Jersey City, N.J Assessment 1924 5 56.750 00 City of Newark, N. J.. Corporate (Reg.)., ....... 1908 0 10.700 00 City of Newark. N. J.. Funded Debt Water...... 1922 4 638 00 City of Newark. N.J. (Ke.) 1405 4 200.000 00 City of Newark. N.J. (Reg .)..... 1905 4 60.000 00 City of Orange, N. J.. Sewer..... : 1929 33 6 80.940 00 City of Orange, N. J., Sewerage and Drainage... 1913 14 4 53.250 00 City of Penh Amboy, N. J.. School 1934 4 54,540 00 City of Perth Amboy, N. J.. Water 1934 4 156,550 00 Columbus, O., Has Company 1932 5 199,600 00 Dover. N.J.. Electric Li'Wt Company ist Mtge.. 1921 4 38.000 00 Eastern Equipment Company CoM Series A..... 1908 6 394,000 00 EqultaMe Cas Light Company of New York.... 1932 S 141.250 00 Cs and Electric Compiny of Ber;en County ... 1949 5 343,000 00 Kackensack.N.J Water Company 1952 4 238.000 00 Lackawanna Iron and Steel Company GM...... 1926 5" 209.000 00 Milwaukee Gas Liht Company ist Mtje. Cold.. 1927 4 231.250 00 New Amsterdam Gn Co. ist Con. Mt.'-. (".old.. 1918 6 .643.200 00 New Amsterdam Gas Co. ist Con. Mtge. Gd. Reg. 1948 5 16.650 00 Newark, N.J Consolidated CasComriny.i.... 1948 5 645.000 00 Newark, N. J.. Gas Company....:! 1944 6 25.650 00 New Jersey Zinc Company ist Mortgage Gold... 1926 4 750.000 00 Passaic. N.J. .Water Company 1937 5 107.000 00 South Jersey Gas. Electric and Tr-ictL-n Co..... 1953 5 3.090.000 00 Trenton, N. J., Gs and Electric Company, 1919 5, 376.250 00 United States Government BoiUs (Registered).. 107 4 105.375 0O Virginia Century Funded Debt of the State of Va.' 1-91 3 53.350 0O Westchester Ll.-litlng Company m Mt. Gold. 1 l.-,0 6 915.280 00 W.U.Tel.Co. Fundimt Real EtateJ:th'e.G'ld 1950 4' 103.000 00 Atch.Top. & Santa Te Ry. Gen Mtvre.C.old R -jj. - 195 4 71.487 SO Atchison. Top. & Santa PeRy.Cen. Mtc Gold 1393 4 512.500 t0 Baltimore & Ohio R. R IfttS 4 350.377 50 llaltlmore A Oliio R. R. Prlot Lien Gold 1925 3 383.000 00 DESCRIPTION Year of Maturity Int. Market Value Baltimore te Potomac R. R. Gold 1911 6 $20,120 00 Birmingham Belt K. R. xt Mortvaso Gold 1922 4 480.000 00 Brunswick Taactlon Company 1926 5 4.900 0O Central Pa-ific Ry, Refunding Mortgage 1949 4 100.750 CO Chesapeake Oaio R. R. Series A... 1908 6 52,1 S ) CO Chic. & Alton R. R. Refunding Mortage Gold.. 1049 3 299,110 00 Chic. & E. 111. R. R. Genl. Con. ist Mtge. (Reg.) 1937 5 25.905 00 Chic. & East. Illinois R. R. Genl. Con. ist Mtge. 1937 5 894.18T CO Chic. & North Michigan R. R. tst MortgageGold 1931 5 129.320 00 Chicago & St. Louis Ry 1915 6 135.720 00 Chicago & West Michigan R.R. General Mtge.., 1921 S 109.000 00 Chicindian. & LouUville Ry. Refunding Mtge. 1947 5 34.725 00 Chic, MI.iSt.PaulR.R.,S.Minn.Dlv., ist Mtge 1910 6" 29.835 00 Chic, Mil.& St. Paul R.R..S.W.DW., ist Mtge 1909 6 7312 CO Chic..MI!waukee&St.PaulR.R..Chic&Pac.Dtv. 1910 ' 6 214.509 00 Chic, R.I. &PadncR. R. Gen. Mtge. Gold.... 1988 4 470.250 00 ChicRocklfdjStPaclncR.R.ist&ReiundlngGd. 1934 4 240.625 00 ChIc..St. Louis & New Orleans R. R. Con. Gold 1951 6 750.300 00 Chic.,St.LouisANewOrleans R.R.Con.GdReg ) 1951 fi 157.380 00 Chic, St. Louis & Pittsburg R. R. Gold 1932 B 89.680 00 Chic, S:.Paul, Minn. St Omaha R. R.Con. Mtge. 1930 6 245.640 00 Chrc.St.Paul & Minneapolis R.R. ist Mtge. Gold 1918 6 10.640 00 Cincinnati. Dayton 4-Iron ton R. R. ist Mtge... 1941 B 100.050 00 Cln.. Hamilton & Dayton Ry.Refdg Mtge.Gold 1954 4 705,000 00 Cin.. Ind, St. L. St Chic R. R. ist Mtge. Gold. . 1936 4 295,800 00 Cln..Ind..St.L.S Chic.R.R. ist Mtge. Gold(Reg ) 1936 4 196.950 00 0e.,Cin.,Chfc.&St.L.R.R.Genl.Mtge.Gold 1993 4 63500 00 Clee..Cin..Chic&St.L.R.R.. St.L. DiTision 1990 4 168,300 00 Cleveland. ColumSus, tMn. St Indianapolis R. R. 1914 7 9.840 00 Clee., Col., Cin. Sc Ind. R. R. Genl. Coa. Mtge. 1934 6 79.800 OO Columbus St Toledo R.R. ist Mortgage 1905 7 . 22.330 00 Connecticut Railway and Lighting Company.... 1951 4 490.000 00 Consolidated Traction Company, N.J ...... 1933 6 51L250 00 Dettolt,G'dRpid&WcsternR.R.istCon.Mtge 1946 4 141.000 00 EastTenH.,Va.&CeorgiaRyCoB.Mt?e.Gold.. 1936 B 496,100 00 EastTena..V.&GeorgURjrJiT. Mtge.Gold.. 1930 B 62.440. OO Eliaabeth, Plainfie d & Central Jersey Street Ry. 1950 6 97.000 00 , Erie Ry. Consolidated Mortgage Gold---.- 120 7 213.830 OO Esse Pa$eni;r Kv. C on soi Mated Mortgage 190B 6 11.110 60 EvansYnieXTeTTeHauteRJl.istC-a.Mtee.Gold 1921 6 123.000 00 - Flint St Per Marquette R. R. Coo. Mortgage...' 1939 B 234j080 00 DESCRIPTION Flint S: Pere Marquette R.R. ist Con. Mtje.Gd... Fremont, Elkhorn & Missouri Valley R. R.... .. Indianapolis Beit R. R. and Stock Yard Co. Con- International & Great Northern R. R v." Jefferson R. R. tst Mortgage Gold .-. Jersey City. Hobok n & Paterson StrcatRy K.C.. Ft. Scotti Memphis R. R. Refund "g Mtge. K.C., Memphis St Birmingham R. R. Genl Mtge. Lehigh Valley Ry. of New York ist Mtge. Gold. Lehigh Valley Terminal Ry. ist Mortgage Gold Long Island City & Flushing R. R. ist Mtge.... L.on Island R. R. Consolidated Gold Long Island R. R. Consolidated Gold Louisraie Nashville S. R. R. (Monon Coll. Jt.) Louis rills, N. A. & Chic R. R., Chic. & Indianaps Louisville, New Albany Sc Chic R. R. ist Mtge.. Midland Ry. Company of New Jersey xst Mtge.. Milwaukee & Northern R. R. ist Mortgage Minneapolis 3c St. Louis R. R-, Iowa. Extension. . Minneapolis Union Ry; ist Mortgage Gold Minneapolis Union Ry. ist MortgageGold Missouri Pacific Ry. ist Consolidated Mtje. GoM Montana Central R.. R. ist Mortgage Gold Morgans Louisiana St Te xas R . R. & S. S. ist M t;;e Morgans, Louisiana Sz Texas R. RjSrS.S.ist Mtc Nashville. Chat. & St. Louis Ry. Con. Mttfe N isbvil e. Chat. St Sc Louis K;-. tst M : gs Newark Pasjenjer Ry. ist Mor-;;a: New York. Lacka. A: Western R. R-Construction N. Y.. Lacka. & Western R. R. Term. St Imp... N. Y L. E. St W. R. R. i t Con. Mi-- Funded Norfolk St Wes-rrn R. R. General Mortgage. ... Norfolk St Westj.n R. R. Imp. and Extension.. North Hudson County ky., N. J . . - . North Jersey Street Ry. Co Oswego Si Rom? R. R. ad M -rtae Gold.". Pacific Railroad of Missouri Extended Gold ' Fre Mar 'uette R. R. Consolidated Cold:.. .'. ..1 . Philadelphia St Reading R. R. Coo. Mtge. Gold. Pittsburg. Cln..Oik ft St. L. R.R.Mtge.SeriesA Ptosburg. Cin.. Chic St. L. R.R. Mtge. SerLs B sTatTrity IuL Market Vain. 1320 205.700 00 ' 1033 0' 184,205 CO 1311 G 252 .000 CO 1913 6 .239.000 CO 19C9 ' 5 107,040 00 1919 4 76,000 00 13C3 4 1.212.450 00 1934 4 260.680 00 1940 4J 133.762 BO 1941 S 12.828 73 1911 6 1 16.500 00 1931 5 98.070 00 1931 4 161,200 00 1952 4 111.000 00 1911 6 135.806 25 1910 6 136.378 0 1910 6 201.940 CO 1910 6 132,090 00 ' 1909 7 2.220 00 1922 B 11.223 00 1922 6 56,250 CO 1920 6 174.460 00 19T7 B 45.455 00 1913 7 493.57S 00 1923 6 " 42.350 C3 13:3 5 . 83.100 00 1313 7, 131.050 03 1050 5 ' 271.7i0 00 1923 5 153.SOO CO 1923 4 43f.750 03 1920 7 33.900 OO 1951 131080 00 . 1311 6 2:3.720 00 1311 6 11300 O0 1949 4 335.286 23 1313 8 198.600 00 1933 4 , 100.980 00 1931 4 2.B85.000 OO 1911 7 89.300 00 1940 '4 556 760 00 1942 4 903.173 B0 DESCRIPTION BrfauTrity lBt- Mark Tain. Pittsburg, Cin., Chicago S St. L. R. R. Series F 1 953 Fiusuir. Cleveland & Toii R. R. ist Mtge.. 1323 P.ainfield Street Railway Co 192S Rapid Transit Strrjt R7. Co. ofNewar';, N.J... 1321 Reading Co. indP.& R. Coal & I run Co. Gold.. 1997 Rio Graails Western Ry. tst Morta;e 1939 Sandusky. Mansfield & Newark R.R. ist Mtge.. 1909 Second Avenu R.R. of N-w York Con 1918 St. Louis St San Francisco R. R. Genl. Mtge.. .. 1951 St. Louis ft San Francisco R. R.GenL Mtge.... 1331 St. Louis Si San Francisco R.R.Rcf. Mtge. Gold 1351 S.Louii.Iron Mtn.& Southern R.R. Genl. Con. 1931 St. Paul St Duluth R. R. ad Mortgage 1317 St. ?aul & Northern Pacific R.R 1323 St, Paul & Northern Pacific R. R. (Registered). . 1923 St. Pv.J St Sioux City R. R. ist Mortgage ' 1319 I St. Paul, Minn. St Manitoba R. R. Con. Mtge.... 1933 St. Fuul, Minn. Sc Maa. R. R. Con. Mtge. (Reg.) 1333 St. Paul, Minn. & Man. R. R Dakota Extension 1910 St. Paul. MinnA- Man. R.R..Mont. Ex..ist Mtge 19S7 St. Paul. Minn. St Manitoba R. R. ist Mtge 1333 St.Paul.Minnjk Man. R. Ri Mtgeow t)Gl. 1909 Terre Haute & laJianapolls R. R.Con. Mtge... 1928 Texas ft New Orleans R. R. ist Mtge 1908 Toledo. WalncmcBng Valley & Ohio R. R. Ser. A 1 331 Toledo, Wal. Val. St Ohio R.R. 1 Mtge.Series B 1933 Tol.do.Wal. Val.4 Ohio R.R. lit Mt-r--Series C 1313 Trenton. N. J., Street Ry. Consolidated Mtge... ' 1939 Trent ya. N. J-, Passenger Rr- Can. Mtge. 1931 Union 2c Logansport R. Zl. lit Mtge - 190S Union PiOac First R. R. & Land Grant.. 1347 Union Paciac it Mtge. R. R. & Land Ct. (Reg.) 1917 Virginia Midi .ad Ry. tst Mtge-STtie B... 1911 Virginia Mtlind Ry. Series C.l 1919 Western Nrw York Sc Penn. R. R. xst Mt-e..... 1937 Westjjrs-y ft Sea Shore R. R. xst Con. Mtge.. 1936 WestSh.-re R. R. ; 9361 , Wiaoonain Central Ry. tst Series Con. Mtge. ... 1909 4 4tf 4 9438380 13.150 8.000 36840 289300 191.100 33.460 111400 1B.92B 184.150 633 .600 1.058.670 358.340 424360 81.719 27.060 382312 9.660 238350 10350 439.000 106.120 23399 107.590 B333B ' S3B8 908328 133300 21360 17319 187300 161376 44309 296369 691326 210300 4309 039 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 60 00 00 00 00 00 7B 00 00 00 00 00 00 00 00 00 00 00 00 00 OO 937329.167 87 HOME OFFICE NEWARK. N. J. AGENTS WAWTED THE PRHJDENTHA1L WSURANGE COMPANY OF AMEKjICA ..... . . - - . : - . . - - BM;orporatel as a Stock Company by tlao State of New Jersey . " ;; OFFICERS s '' ' - ' . :.: .. , . JOHN F. DRYDEN, President LESLIE D. WARD, Vice President EDGAR B. WARD, 2d Vice President FORREST F. DRYDEN, 3d Vice President WILBUR S. JOHNSON, 4th Vice Prest and Comptroner. JACOB E. WARD, Counsel. EDWARD KANOUSE, Treasurer. EDWARD GRAY, Secretary. T. C E. BLANCH ARD, Supt of Real Estate. F. C BLANCHARD,'' Supervisot Loan Dept JOHN K. GORE, Actuary. VALENTINE RlKER, Asst Secretary. WlLLARD I. HAMILTON, Asst Secretary. HENRY OVERGNE, Asst Secretary. GEORGE W. MUNSICKAsst Secretary.' '.r. EDWARP H. HAMILL, Medical Director ROBERT L. BURRAGE, iVedicaI Director. . FREDERIC A;-BOYLE, Cashier. FREDERICK H. JOHNSTON, Associate Actuary. WM.. PERRY WATSON, Asst: Medical Director. FREDERICK L, HOFFMAjk, Statistidaxu GEORGE H. KJRK1ATR1CK, Assistant Actuary. . GEORGE B. SPEER, Supervisor Ordinary Agencies. GEORGE W. GORE, Supervisor. ; . . . ,,. .. ' . . . . . ... .. ... .. ... .... ........ ...... ..... ... . i .. . . 1 " ... 1 . . '- 1 n I! , 4 14 h si no li t i . '
Salisbury Globe (Salisbury, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 5, 1905, edition 1
3
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