Loans on Mortgages and accrued interest

City, Town, County and Corporation Stocks and Bonds and accrued Interest, 1,538,165.63
Collateral Loans, (secured by Bonds and Mortgages)
Real Estate, (Office Buildings and other Real Estate)

$2,566,523.13

7,700.00

88,700.00

55,088.70

Bills Receivable, (not Matured, taken for Fire premiums)
Cash in Banks and office

$4,910,606.82

$200,000.00 2,987,135.90 176,763.53

43,111.78 1,503,595.61 $4,910,606.82 $17,759,917.07

Paid policyholders since organization, plus assets now held for their protection, $12,147,677.00-which is $946,830.00 more than the gross premiums received from policyholders.

No field of effort gives larger returns than active and intelligent agency work for this Company.

NATIONAL LIFE INSURANCE CO. U. S. A. P. M. STARNES, President.

NATIONAL LIFE U. S. A. BUILDING, CHICAGO.

INCORPORATED 1851

Western

Assurance Company

HEAD OFFICE:

TORONTO, CANADA

Hon. GEO. A. COX, President J. J. KENNY, Vice-President

Agencies in all the Principal Cities and Towns throughout Canada and the United States

Total Amount paid to Policyholders since organization, May, I, 1860,
Admitted Assets held as security for Policyholders, January 1, 1904,
Total Amount paid Policyholders and the amount now held as security
for the payment of their contracts

Total dividends paid Policyholders since organization
Surplus on basis of Admitted Assets

$27,159,373.77 15,102,840.60

42,262,214.37

5,828,705.02

1,126,769.73

1,142,219 00

PAID FOR INSURANCE IN FORGE

January 1, 1904, 38,105 Policies

$69,410,582.00

The Germania Life Insurance Company of New York

To the public the Germania offers the most approved plans of

insurance, whether the object desired be an investment, protection to the family or dependents in case of death, or special provision for an individual beneficiary.

To the Agents the Company offers a wide field of operations and the best of opportunities for building up a large and profitable business.

Ambitious men of ability and character, who wish to be identified with a popular and successful institution, will find it to their advantage to write to the Home Office of the Company, 20 Nassau Street, New York City, or to any of its many branch offices.

CORNELIUS DOREMUS, President

HUBERT CILLIS, Vice-President

JOHN FÜHRER, Actuary

MAX A. WESENDONCK, 2d Vice-President
CARL HEYE, Secretary

A. H. SAWYER, PRESIDENT

W. H. STEVENS, SECRETARY

CHARTERED 1853

Agricultural

Insurance Company
of Watertown, N.Y!

INSURES AGAINST

Fire, Lightning and Tornado

Capital,

FIFTY-FIRST ANNUAL STATEMENT, JANUARY 1, 1904

Assets (to protect Policyholders).
Net Surplus to Policyholders,

Net Surplus to Stockholders,