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MARYLAND CASUALTY COMPANY

OF MARYLAND.

JOHN T. STONE, President.

ROBERT N. ELDER, JR., Secretary.

BALTIMORE, MD., June 28, 1898. To the Honorable F. Albert Kurtz, Insurance Commissioner,

Annapolis, Md. SIR:-Acting under your appointment of June 10, 1898, I beg to state that I have completed an examination of the Maryland Casualty Com. pany of Maryland. The examination gives the condition of the Company to date of June 1, 1898, and shows the condition of the Company on that date to be as follows:

ASSETS. Loans on collateral (fully secured).

$8,000 00 Baltimore City Stock ......

246,845 75 United States Bonds

50, 125 00 Virginia Century Bonds....................

12,902 50 Cash in banks and office.........

34,036 06 Interest due and accrued.............

3,370 79 Premiums due and in course of collection...........

20,204 26 Total assets.....

$375,484 36

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LIABILITIES. Reserve for reinsurance .............

$22,119 05 Claims adjusted and unpaid ........

IIO 00

$22,229 05 Surplus as regards policyholders.............

$353,255 31 Capital stock paid in..

250,000 00 Surplus as regards stockholders......

$103,255 31 Respectfully submitted, (Signed,)

FRANK BLACKLOCK, Examiner.

IMMEDIATE BENEFIT LIFE INSURANCE CO.

OF BALTIMORE CITY.

M. ROTHSCHILD, President.

E. E. MACKENZIE, Secretary.

BALTIMORE, MD., 5uly 21, 1898. To the Honorable F. Albert Kurtz, Insurance Commissioner,

Annapolis, Md. SIR:- Acting under your appointment of July 2, 1898, I beg to state that I have completed an examination of the Immediate Benefit Life Insurance Company of Baltimore City. The examination gives the condition of the Company to the date of June 25, 1898, and shows the condition of the Company on that date to be as follows:

ASSETS. Real estate..............

.................................. $1,300 00 Baltimore City Stock ............

12, 190 00 Cash in Company's office, bank, etc. ......... Agents' debit balance (secured)....... Interest and rents accrued .........

215 66 Uncollected premiums..........

641 79

1,359 68

71 75

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MARYLAND LIFE INSURANCE COMPANY,

BALTIMORE, MD. WILLIAM H. BLACKFORD, Pres.

HENRY R. CRANE, Sec'y. CLAYTON C. Hall, Actuary.

BALTIMORE, MD., September 26, 1898. To the Honorable F. Albert Kurtz,

Insurance Commissioner,

Annapolis, Md. Sır:- Acting under your appointment of July 22, 1898, I beg to state I have completed an examination of the Maryland Life Insurance Company of Baltimore. The examination gives the condition of the Company to date of June 30, 1898, and shows the condition of the Company on that date to be as follows:

ASSETS.
Baltimore City Stock and other stocks and bonds owned

by the Company. Par value $1,135,630; market value.. $1,216,601 17 Real estate, office building, 8 and 10 South st., Baltimore 181,000 00 Real estate, purchased under foreclosure of mortgages... 41,700 00 Loans on real estate (bonds and mortgages)................... 279,569 33 Loans on collateral security.......

21,500.00 Loans on Company's policies (policies held as collateral) 50,200 28 Premium notes and loans on policies in force ................. 20,677 88 Cash deposited in banks and on hand .............

.............

23,066 68 Accrued interest, dividends, rents, etc..........

13,760 70 Premiums in course of collection (less 20 per cent.).

9,661 98 Semi-annual and quarterly premiums not yet due (less 20 per cent.)............

16,000 00 Total assets ..............

$1,873,738 02 LIABILITIES. Losses reported.......

$3,500 00 Losses awaiting proof and matured endowments (unclaimed)............

20,591 64

$24,091 64 Premiums paid in advance..

743 54 Dividends to policyholders unpaid ...........

5,352 77 Other indebtness............ Net present value of all outstanding poli

cies computed according to the American Experience table of mortality, and 412 per cent. interest, as required by the laws of Maryland..

1,490,471 00

582 81

$1,521,241 76 Net surplus..

.................................. $252,496 26 Capital stock paid in ...........

100,000 00 Surplus as regards policyholders...........

352,496 26

$1,873,738 02 Respectfully submitted, (Signed,)

JOHN W. PULIS, Special Examiner.

MUTUAL LIFE INSURANCE COMPANY

OF BALTIMORE, MD. Matthew S. BRENAN, President. J. S. PIERCE, Secretary pro tem.

BALTIMORE, MD., July 14, 1898. To the Honorable F. Albert Kurtz,

Insurance Commissioner,

Annapolis, Md. DEAR SIR :- Acting under your appointment of June 20, 1898, I beg to state that I have completed an examination of the Mutual Life Insur ance Company of Baltimore, Md. The examination gives the condition of the Company to date of May 31, 1898, and shows the condition of the Company on that date to be as follows:

ASSETS. Real estate and ground rents...

$50,005 52 Mortgages...... ...........................

20,700 00 Baltimore City Stock ...........

5,200 00 Bank Stock ..........

12,950 00 Loans on collateral (secured)........

51,330 03 Cash in Company's office, banks, etc..

9,638 52 Agents' debit balances (secured)...........

832 03 Interest due and accrued.....

4,267 91 Uncollected premiums.........

................

39,434 08 Total assets ...........

$194,358 og LIABILITIES. Net reserve............................................. $184,116 03 Salaries.. ...............................

2,165 56 Agents' cash security ...............................

645 00 Liabilities on policyholders' account........

$186,926 59 Surplus on policyholders' account.......

$7,431 50 Balance of scrip outstanding, payable out

of the accumulation of the Society when they amount to $100,000...

7,431 50 The reduction in the assets of the Company, as shown above, when compared with their report to you on December 31, 1897, is largely made up from an item they call "Initiatory Notes," and which they heretofore included in their assets. Some of these no doubt have a contingent value, but I do not consider it sufficient to allow them as part of the funds of the Company.

Respectfully submitted, (Signed,)

JOHN W. PULIS, Special Examiner.

EUREKA MUTUAL AID SOCIETY,

BALTIMORE, MD.

W. S. GILLESPIE, President.

R. W. GRIFFIN, Secretary.

BALTIMORE, MD., September 28, 1898. To the Honorable F. Albert Kurtz,

Insurance Commissioner,

Annapolis, Md.

SIR :- Acting under your appointment of September 21, 1898, I beg to state I have completed an examination of the Eureka Mutual Aid Society of Baltimore. The examination gives the condition of the Society to the date of September 24, 1898, and shows the condition of the Society on that date to be as follows:

SURPLUS, JANUARY 1, 1898..
Invested as follows :
Loan on mortgage ......

$1,425 00
Baltimore City Stock .......... ........... 3,090 00
Deposited in these banks :
Old Town Bank...............

2,662 14
Provident Savings Bank..

1,023 16 Hopkins Place Bank...........

2,106 58 German Bank ..............

1,575 18 Central Bank..............

1,100 00 Cash in office ................

659 84 Total............

$13,641 90

INCOME FROM JANUARY 1, 1898, TO SEPTEMBER 24, 1898. Assessments from members...... ............... $36,639 78 Miscellaneous sources .........

326 52 Interest.

150 99

Total.....

.........

......

$37,117 29

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