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NEW HAMPSHIRE
STATE REPORTS
FOB
1896.
VOL. I -ANNUAL.
CONCORD
EDWARD N. PEARSON, PUBLIC PRINTER
1897
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CONTENTS.
VOL. I.
No. Pafi^es.
Report of the Railroad Commissioners 266
Report of the Bank Commissioners . -352
Report of the State Treasurer .... 98
Report of the Insurance Commissioner -512
Returns of Corporations 20
i 7221 8 Digitized by GoOglC
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HFTY-SECOND
ANNUAL REPORT
RAILROAD COMMISSIONERS
STATE OF NEW HAMPSHIRE,
1896.
CONCORD:
EDWARD N. PEARSON, PUBUC PRDTTER.
1897.
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PBINTBD BT
KBPUBLIOAN PKB8B ABBOCIATION
OONOO&D, N. B«
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CONTENTS.
PAOS
Atlantic & St. Lawrence Railroad Report ... 1
Boston & Maine Railroad Report .... 8
Chester & Derry Street Railway Report 131
Conccrd & Claremont Railroad Report ... 46
Concord & Montreal Railroad Report .... 82
Concord & Portsmoatb Railroad Report ... 88
Concord Street Railway Report 148
Connecticut River Railroad Report .... 72
Eastern Railroad in New Hampshire .... 36
Fatal Accidents:
Napoleon B. Seace Ixzvii
Bnshrod W. Sampson Izxiz
John A. Marshall Izzx
Cornelius Snllivan Ixzzi
George Reynolds Ixxxii
Richard 6. Mnir Ixxxii
James Sloan Ixxxiii
Richard Mesereau Ixxxiv
William Harriman Ixxxv
Rilla A. Lane Ixxxvi
Joseph Dragon Ixxxvii
Joseph Noel Ixxxviii
Thomas Carey Ixxxix
Jeremiah Hopkins xc
William C. Noyes xci
Unknown man xciii
James H. Cate xciii
Nora Gorman xciv
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IV
OONTE1TT8.
Fatal Accidents:
Patrick McGIone .
Patrick Hardyman
Earnest Danascoder
John Devan .
Edwin Bailej, alias Charles E. Stone
Joseph C. Fen ton
Charles H. Rollins
Samuel W. Dovle
Fitchbnrg Railroad Report .
Franklin & Tilton Railroad Report
Laconia Street Railway Report
Maine Central Railroad Report
Manchester & Lawrence Railroad Report
Manchester Street Railway Report
Mount Washington Railroad Report
Nashua & Lowell Railroad Report
Nashua Street Railway Report
Northern Railroad Report • .
Pemigewasset Valley Railroad Report
Peterborough Railroad Report . ,
Peterborough & Hillsborough Railroad Report
Portland & Itochester Railroad Report
Portsmouth & Dover Railroad Report .
Petitions, Orders and Findings:
The Keene Electric Railway
Pemigewasset Valley Railroad Extension
Location of Bridge Guards .
Bridge Guards at East Concord
Crossing at Allenstown
Street Railway Crossing in Nashua
Land Damage at Concord
Bridge at Quincy ....
Fairmount Street Bridge, in Nashua
xcv
xcvi
xcvii
xcvii
xcviii
xcix
xcix
ci
111
62
125
50
69
135
105
88
148
84
101
48
41
98
81
xlv
11
Ivi
Ivii
Iviii
Ix
Ixi
Ixi
Ixi
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contents.
Orders and Findings:
Manchester Street Railway Stock
DisoontinaaDce of Street Railway in Nashua
Passenger Station at Eeene
Modification of Crossing Rule
Protection of Crossing at Bridgewater .
Pickering Crossing, at Greenland .
Iziii
Ixiv
Ixv
Ixiz
Ixz
Ixzii
Rbpobt:
The Steam Roads ix
The Manchester & Milford Case . xii
Accidents xxiv
The Street Roads xxiv
The Chester & Derry Railroad .... xli
Street Railway Parks xlii
Sullivan County Railroad Report .... 75
Suncook Valley Railroad Report « 90
Union Street Railway Report 157
Upper Cods Railroad Report 60
Wilton Railroad Report 48
Worcester, Nashua & Rochester Railroad Report 65
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STATE OF NEW HAMPSHIRE.
To His Excellency the Oovemor :
The Railroad CommissionerB sabmit herewith theii* annaal
report. The raiboad returns are for the year ending Jane 80,
1896.
The report of the commissioners covers the calender year 1896.
H. M. Putney,
J. G. Bellows,
E. B. S. Sanborn,
Railroad Commissioners of New Hampshire.
Concord, January 1, 1897.
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REPORT.
THE STEAM ROADS.
There has been no addition to the steam railroad mileage of the
state, no increase of capitalization, and no change in the system, in
which our roads are grouped, during the year 1896. All the
roads have felt severely the business depression, which was
greater from June to November than during any other period,
but all of them have promptly met their fixed charges, and their
stockholders have received dividends, which under the circum-
stances were highly satisfactory. In no other state in the Union
have railroad properties depreciated so little in their market value,
since 1892, as in ours ; and it is doubtful if there can be pointed
out in the whole country another class of investments which,
taken together, have yielded so well dunng the past three years,
as New Hampshire railroad stocks and bonds.
But this has been partially due to the retrenchments which
managera have been constrained to make by the condition of the
corporation treasuries. With a much smaller volume of business,
the train service on some lines has been decreased, permanent
betterments calling for large outlays have been postponed, and
new rolling stock has not been purchased. The Grand Trunk,
Maine Central, and Fitchburg systems, are substantially in the
same condition as a year ago. The tracks and stnictures have
been kept in good repair, but beyond this, large expenses have
been avoided as far as possible. The only prominent and per-
manent improvement on these three systems is that made by the
Fitchburg, at Keene, which consists of the enlargement of the
shops and their equipment with the best machinery and appli-
ances, so as to take care of all the locomotives owned by the
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X RAILROAD COMMISSIONERS* REPORT.
company. The expense was about $50,000. A force of 180
men is constantly employed in these shops.
The lease of the Concord & Montreal to the Boston & Maine^
in June, 1894, provided that the Concord & Montreal should
issue new stock to the amount of $1,200,000, the proceeds of
which should be used by the Boston & Maine to reconstruct the
terminals at junction points and make such other improvements
as were necessary upon the Concord & Montreal system to the
most profitable and satisfactory use of the leased property by
the lessor. The stock so authorized has been issued, and the
Boston & Maine has proceeded steadily with the contemplated
improvements, and has also made some important betterments
on its old lines.
The most conspicuous and costly of these reconstructions i&
at Manchester. It comprises large additions to the yards, a
complete i-earrangement of tracks, the erection of a freight sta-
tion on Elm street, and a passenger station below Granite street.
The freight station has been finished and is now occupied. It
is one of the largest and best arranged and most commodious in
New England, and with its approaches from the street, spacious
yard room and many tracks, offers facilities for the handling of
freight that are not excelled anywhere.
The old freight house has been i-emoved, and there will be
erected upon its site this year, an elegant, attractive, and con-
venient passenger station, which will reflect the importance of
the business in that city.
The estimated cost of the Manchester improvements is
$419,000, of which $86,723.89 had been expended October 1.
At Concord, extensive shops are in process of construction,
consisting of a machine- and erecting shop, 305x130 feet, with
ell 105x70 feet ; a blacksmith shop 60x100 feet ; a storehouse
40x100 feet; a lumber shed 40x300 feet; a cabinet shop 40x200
feet ; a planing-mill 60x300 feet, with power and boiler house
65x111 feet; a dry house 25x75 feet; a passenger and freight-
car repair shop 170x323 feet; a paint shop 165x238 feet, and
a paint and oil storehouse 25x50 feet, all of which are to be of
brick except the lumber shed, which is of wood. These shops
will be equipped with the latest improved machinery, and will be
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RAILROAD commissioners' REPORT. xi
of sufficient capacity to take care of tlie repairs of about one
half of the equipment of the entire system. The cost of
this plant is estimated to be $310,000, of which $34,185.56 has
been expended.
A new freight yard, with a capacity of 1,200 cars, is also
under construction at this point, estimated to cost $90,000, of
which $49,236.37 has been expended.
At Woodsville, land was purchased to provide for an enlarge-
ment of the freight yard and the construction of a roundhouse,
turn-table, etc., the total improvement being estimated to cost
$110,000; $45,280.30 has already been expended, principally
upon the freight yard, which was nearly completed October 1 ,
and has a capacity of more than 800 cars.
At Hooksett, improvements consist of a new steel bridge,
480 feet long, erected over the Merrimack river, which has been
completed at a cost of $61,022.70, the rebuilding of the station,
and the alteration of the tracks at the junction of the Hooksett
branch. The total appropriation for the improvements at this
point was $110,000, of which sum $75,106.72 has been ex-
pended, including the bridge.
At Goffe's Falls, a new steel bridge, 655 feet in length, is being
built at a cost of $93,000, $29,794.01 having been paid on
account.
The change in the gauge of the Profile & Franconia Notch
Railroad, making it a standard gauge road, called for an appro-
priation of $40,000. This work is very nearly completed,
$32,906.95 having been expended.
At Fabyan's, extensive improvements have been made to the
Fabyan House, including the introduction of steam heat, addi-
tional bath-rooms, etc. ; also the additions of new boiler house,
laundry, ice-house and refrigerator buildings, pump-house and
waterworks, the entire expenditui'e being $56,094.15.
The grades have been separated at Kelsea's Crossing, in the
town of Landaff, at an expense of $3,567.18.
At Epping, the freight house has been enlarged, a new turn-
table has been built, 10,000 cubic yards of filling have been used
in the yard, and 4,000 feet of new side-tracks have been laid,
at a total expenditure of $11,013.
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XU RAILROAD COMMISSIONERS REPORT.
New passenger stations have been bailt at Rockingham
Junction, New Hampton, and Sunapee, at an expenditure of
$13,898.54.
New freight houses have been built at West Canaan, and
Newton Junction, at a cost of $2,610, and the wharf at The
Weirs has been rebuilt at a cost of $1,803.
Mt. Washington turnpike has been rebuilt at a cost of $4,200.
Improvements in station facilities, including water- tanks and
stand-pipes, have been made at Nashua, Groveton, East Haver-
hill, Warren, Claremont, East Lebanon, and Mt. Sunapee, at a
total cost of $14,251.40. The restaurant at Sanbornville has
been enlarged at a cost of $1,778.40.
New bridges have been built at Hudson, Henniker Junction,
Sanbornville, Ossipee Valley, Madison, Loon Cove, West Alton,
Glendale, Gilford, Franklin, Lebanon, Concord, Rumney, North
Lisbon, Tilton, Bethlehem Junction, and Madbury, at a cost of
$39,986.19.
A change has been made in the channel of the Sugar river at
Kelleyville, on the line of the Concord & Claremont railroad,
whereby two bridges, aggregating 231 feet in length, have been
abolished, and the entire cost will be about $6,000, of which
$1,748 has been expended.
There has been laid, at various points, 22,037 feet of side-
track, costing $23,047 ; 49^ miles of track have been ballasted
at a cost of $48,625 ; 417,096 ties, and 7,362 tons of steel (68
miles), have been laid.
THE MAKCHESTER AND MILFORD CASE.
A legal question of vital importance in the administration of
the general railroad law of New Hampshire has recently been
settled by the supreme court of the state in the matter of the
Manchester and Milford railroad.
In 1895, certain parties who had constructed a railway from
a point on the Fitchburg railroad in Massachusetts, through the
town of Brookline to Milford, which was at once absorbed by
the Fitchburg, went to the legislature, and asked for a charter
to enable them to extend this new line from Milford to Man-
chester, a distance of about fourteen miles. The legislature
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RAILROAD COMMISSIONERS REPORT. XIU
refused to grant their request, and subsequently, after taking
the necessary preliminary steps, they petitioned the supreme
court, under the provision of the general law, for a decision of
the question whether the public good demanded the construction
of the proposed line. The court referred the case for a finding
of facts to three referees, Messrs. Dole of Lebanon, Colby of
Hanover, and McDaniel of Springfield, who, after a patient and
protracted investigation, reported to the court as to the route,
cost, connections, and probable business of the road for which
a charter was asked, but neglected to find whether the public
good demanded it, holding that that was for the court to deter-
mine. Thereupon, the Boston and Maine road, which appeared
in opposition to the petitioners, raised the question whether the
referees should not have included and passed upon the main
fact, i. e., the public good, in their report, and the court in a
decision handed down on the fifteenth of June, held that they
should have done this, and recommitted the report for amend-
iBent in compliance with that ruling.
The referees at once tendered their resignations, which were
not accepted. At the December term, Judge Parsons delivered
the opinion of the court, in support of its decision in June, and
afterwards by agreement of parties, the case was returned to
Messrs. Colby and McDaniel, who have not yet reported their
conclusion.
The opinion delivered by Judge Parsons is as follows :
SUPREME COURT.
Hillsborough ss. June Law Term, 1896.
PETITION OF THE MANCHESTER A MILPORD RAILROAD
Whether the public good requires the proposed railroad^ is a
fact to he found by referees^ to whom a petition for a decision of
that question is referred.
Motion to Recommit.
The petition of the plaintiffs, a provisional corporation, was
referred to referees, who have filed a report.
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Xiv RAILROAD COMMISSIONERS* REPORT.
Counsel opposing the petition move a reeommital of the
report for an additional finding.
F. S. Streeter, O. E. Branch, C. H. Burks, Bingham &
Mitchell, for the motion.
D. A. Tagoart, I. W. Smith, H. T. Lord, opposed.
Parsons^ J. The plaintiflfs' petition is brought under 8. 8,
c. 156, P. S., "for a decision of the question, whether the
public good requires the proposed railroad." The referees,
whose report the defeudants now ask to have recommitted for a
finding ''whether the public good requires the proposed rail-
road," were directed by their commission " to find and report
the facts bearing upon the petition." (P. S., c. 156, s. 10.)
Their report omits to find upon several questions litigated
before them, including that upon which a finding is now asked.
As it is conceded that the question of public good is a ques-
tion of fact bearing upon the petition, i. €., material, if not con-
trolling, upon the judicial question whether the plaintiffs 6r
defendants are entitled to judgment, the ground upon which the
referees could have understood that their instructions excluded
this question from their consideration is not obvious. If, as
may fairly be inferred from the report, the referees included
this question among the questions upon which they did not find
for lack of evidence, a recommittal of the report is useless.
Nevertheless, the reason why the report does not find upon this
question is not so clear that unnecessary hardship to the parties
and injustice to the plaintiff may not be prevented by a recom-
mittal, if such order can be made.
The plaintiffs oppose the motion upon the ground that c. 156,
P. S., authorizes and requires the referees to find and report,
not facts bearing upon the petition, but facts bearing as evi-
dence upon the question of public good, and requires the coui-t,
as triers of fact, upon the evidentiary facts reported by the ref-
erees, to find the fact of public exigency. In the absence of
evidence to the contrary in the express terms, general language,
or tenor of the whole chapter, the legislature, in authorizing
the reference of the petition to referees, must be presumed to
have intended, and to have understood by the term referee, a
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RAILROAD commissioners' REPORT. XV
tribunal with powers and duties usual under New Hampshire
law. No confusion or uncertainty as to the powers and duties
of refei-ees exists. The extent of their duty, and the limitations
upon their powers, are not only well known and understood, but
Are clearly defined by statute. P. S., c. 227, ss. 9-11.
'^ Referees shall proceed in all cases, unless the parties other-
wise agree, according to the rules of law and equity, as the case
may be, and according to the practice in court, and shall report
their decision as soon as may be, to the court. If either party
filiall request, they shall state specifically all matters of fact
found by them to have been proved, and their rulings upon all
questions of law." s. 10.
"Reports of referees may be recommitted to the same or
other referees, or such judgment may be rendered thereon, as
the law and the facts may require." ^.11.
" The couil shall allow a reasonable compensation to the ref-
erees for their sei-vices and expenses, which shall be paid by
the county." «. 13.
This statute being a general enactment of the law upon the
subject of referees '* in all cases," the legislature understood
would govern the powers and duties of the referees authorized
by c. 156, unless exception were made. With this understand-
ing, if no special limitation upon the powers of the referees was
intended, precise language expressing and defining the power
and duty of the court and the referees and their i*elation to each
other, was unnecessary, because fully covered by the general
enactment. For the same reason, no provision was required
for the payment of the referees' fees, for whose compensation,
unless authorized by general law, no method is provided.
It is not claimed that the court should find any fact but that
of public exigency. The legislature might have provided, if
euch had been its intention, that the referees should find all the
facts but one, and that as to this fact should find evidence. If
such had been intended, the proposed procedure would have
been a distinct limitation upon the usual power of referees, and
a departure from ordinary practice. The facts to be found by
the referees and the fact upon which they were to find evidence
mei*ely, would have been clearly distinguished, and the modifi-
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XVi RAILROAD COMMISSIONERS* REPORT.
cation of the usual practice before referees plainly defined. The
absence of any provisions in express terms limiting the action of
the referees and marking the new line of limitation between the
duties of the referees and the court, is evidence that no change
was intended. In the present, as in all other cases, it was,
therefore, the duty of the referees, if requested, to "state
specifically all matters of fact found by them to have been
proved." While the court may examine and revise the mlings
of the referees upon questions of law, and, if justice requires^
order a recommittal of their report to the same or to other ref-
erees, and render such judgment on the report as the law and
the facts require. P. S., c. 227, 88, 9-11.
Chapter 156 P. S. taken as a whole, and in comparison with
c. 100, Laws of 1883, of which it is a revision, furnishes
evidence not in conflict with, but in support of, this conclusion.
The material provisions are as follows : —
" Sect. 8. The provisional corporation may file in the office
of the clerk of the supreme court ... a petition to the
court for a decision of the question, whether the public good
requires the proposed railroad."
" Sect. 10 . . . The court shall refer the petition to the
board of railroad commissioners, or to a board of three referees
appointed by the court, as they shall deem best, to find and
report the facts bearing upon the petition."
'* Sect. 12. The board . . . shall make report of their
doings and findings to the regular or adjourned law term of the
court.
"Sect. 13. The court shall thereupon . . . decide the
questions raised by the petition.
"Sect. 14. If they decide that the public good requires the
proposed railroad, the secretary of state, upon receipt of a
copy of such decision, shall issue to the corporation a certifi-
cate . . ."
Chapter 100, Laws of 1883, is the original statute providing
for the organization of railroad corporations under general law.
That the legislature had the original statute in view in adopting
the chapter under consideration, which is part of a general
compilation and revision of the entire statute law of the state^
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RAILROAD COMinSSIONERS' REPORT. XVll
is obvious. That the chapter was before the draftsman who
penned the con*esponding paragraphs of the present law, is
equally certain. Hence that statute is evidence competent to
be considered upon the question of legislative intention, and of
the meaning attached to the language used.
Omitting a different procedure as to preliminary corporate
organization, not material to the present inquiry, the law of
1883 provided (s. 7) for an application by petition "to the
supreme court ... to determine whether the public good
requires the laying out and construction of such raikoad . .
. Said court . . . may refer said petition to the rail-
road commissioners or to three referees to be appointed by it."
" Sect. 8. Such commissioners or r^^es shall report to the
court whether, in their opinion, the public good requires the
laying out, construction, and operation of such railroad . .
. and shall locate the same.
" Sect. 9. . . . Said coui*t may render judgment on said
report, or make such order therein as justice may require, and
the location of the route of said railroad, as fixed by the deci-
sion of said court, shall be recorded by the secretary of state.
" Sect. 10. If said court shall render judgment laying out
said railroad, the directors may apply to the railroad commis-
sioners to assess the damages to land holders." — Laws 1883,
c. 100, 8S. 7-10.
That referees appointed under the law of 1883 were required
to find and repoil upon the question of public good is not open
to question. Neither can there be any pretense that under that
law the legislature, disregarding well-understood rules of
practice and definite statutory provisions, created a board of
referees to find and report evidence. Its provisions strengthen
the presumption that, if the legislature in 1891 had intended to
qualify the oflScial character and duty of the tribunal previously
exercising the same jurisdiction, that intention would have been
clearly expressed.
There is no substantial difference between " a petition for a
decision of the question" and "a petition to determine the
question." Each asks for an adjudication. There is, how-
ever, a substantial change in the power of the court over the
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XVm RAILROAD COMMISSIONERS' REPORT.
petition. Section 10, chapter 156, provided that "the court
shcUl refer the petition to the railroad commissionera or to a
board of three referees," while the law of 1883 provides that
the court may refer the petition. (Laws 1883, c. 100, 8. 7;
Com'r's Rep. P. S., c. 156, s. 10, marginal letter m.) This is
a limitation upon the discretionary power of the court under
the original statute, and under c. 227, P. S., where the pro-
priety of the reference of "any cause at law or in equity, or
the determination of any question of fact pending in court,"
not of right triable by jury, is left open. This provision does
not affect the referees, but limits the power of the court. The
court must refer the petition. Therefore, 8. 8, c. 204, P. S.,
"Causes which the coiyi; have authority to refer shall, as far as
practicable, be tried by one or more justices of the court, unless
one of the parties objects," has no application. The change is
evidence that the legislature did not intend that questions of
fact raised by the petition should be determined by the court.
An express provision commanding the reference of the petition
to a tnbunal known as triers of fact, cannot be given any
meaning except that the questions of fact raised by the petition
shall be detennined by such tribunal, and by none other.
Another change in phraseology is, that while by the original
statute the referees are required to report to the court their
opinion, — i. e., their finding, whether the public good requires
the proposed railroad — by the revision, they are " to find and
report the facts bearing upon the petition."
The only difference between the two expressions is, that by
the former the referees were Required to report one fact bearing
upon the petition, while by the latter they are required to report
the facts, i. e., all the facts.
The change in the law is one of extension, and not of limita-
tion. An intention to excuse the referees from finding a single
fact heretofore specifically required by a previous law to be
reported, cannot be inferred from the substitution of a provi-
sion requiring all the facts to be found and reported. Nor is it
so clear that the question of fact, whether the public good
requires the proposed railroad, is the only fact that can legally
bear upon the plaintiffs' right to maintain the petition, or which
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RAILROAD commissioners' REPORT. xix
the legislature must have understood might affect that right,
that the use of the word facts in the plural, instead of fact,
the singular number, can establish that by facts evidence was
meant. Though in most cases the finding of the fact of public
good must be, perhaps, decisive upon the judicial question,
whether the plaintiffs should have judgment on the report, it is
manifest cases may arise in which other facts would require the
dismissal of the petition, despite a favorable report upon the
question usually decisive. The case of rival associations with
conflicting petitions, each seeking to build substantially the
same road ; a finding of fact that the petition is illusory within
the meaning of the doctrine in Dow v. R, i?., Merrimack,
December, 1886; Sinclair v. jB. jB., Hillsborough, September
27, 1888, Doe, C. J. ; or a finding of a recent adjudication
against the plaintiff, without proof of material change ( W. P.
Lake Co, v. Laconia^ Belknap, June, 1895, 35 Atl. 252;
Whitdier v. Landaff^ 48 N. H. 153, 155), would present sub-
stantive facts bearing upon the petition material for the consid-
eration of the court. It is unnecessary to determine now what
the legal effect of such findings would be, as the only purpose
of the pi-esent argument is to show that the legislature must
have understood there might be such questions. That such
questions may arise is already established by the present case,
in which the defendants' motion to dismiss, on the ground of
prior adjudication by the legislature, was dismissed in part,
upon the ground that whether the plaintiffs had so acted as to
preclude them from maintaining the petition was a fact bearing
upon the petition to be determined by the referees. Petition of
the M. & M, Railroad, Hillsborough, June, 1895. Since the
filing of the report, the same motion has been renewed, upon
two grounds alleged to be found as facts, illusiveness and prior
adjudication.
If the foregoing were open to question, there remains a con-
clusive answer to the plaintiffs' claim, that the words, '* facts
bearing upon the petition," should be read ^^ facts bearing, t. e.,
material as evidence, upon the question whether the public good
requires the proposed railroad." For no reason is assigned,
and no sound reason can be found, why, if the legislature
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XX RAILROAD COMl^SSIONERS' REPORT.
intended what the plaintiffs claim it meant, the language they
suggest, or words of similar import, were not used.
Without a sound reason we are not at liberty to give to the
language used other than its plain and ordinary meaning. The
language of the original law furnishes additional evidence
against the construction claimed. The legislature might have
intended to change the law requiring the referees to report
whether the public good required the proposed railroad so as to
require them to report facts bearing upon the question of public
good. If such had been the intention, with the original law
before them, no possible difficulty could have been found in
clearly and plainly expressing that intention. If a change had
been intended, such language would have been used. The
plaintiffs' argument based upon ss. 13, 14, and 15, c. 156, as to
proceedings in court upon a return of the report, is also
unfounded. The claim is that, however clear it may be from
the words of s. 10 standing alone, that the legislature in provid-
ing for the reference of the petition to a tribunal whose special
duty is to find facts and in instructing them to find and report
the facts bearing upon the petition, intended that the referees
should pass upon all the material facts, yet the language used
cannot be given that construction when the remaining provisions
of the chapter are taken into consideration. But s, 13 contains
nothing which, without violence to the ordinary meaning of
language, can be construed to require a strained interpretation
of /». 10. The legislature having required tbe reference of a
petition raising a question of fact to a tribunal universally
understood to be triers of fact and having specially required
them to find and report the facts, the further requirement that
the court decide the questions raised by the petition would not,
without more, relieve the referees from the determination of any
material question of fact or impose upon the court the decision
of any questions except such as in the every-day practice
upon referees' reports would arise under similar circumstances.
The plaintiffs' argument is based mainly, if not entirely, upon
the first section of ». 14. It is that " they " in the phrase *' If
they decide that the public good, etc.," means the couil ; hence,
it is argued that the questions raised by the petition are to be
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RAILROAD COMMISSIONERS REPORT. XXI
decided, i. e., determined, found as facts by the court, knd there-
fore the referees must not find the fact, that these words in
defiance of the general statute (c. 227, P. S.) and well-known
and understood rules of practice and the express language of
g. 10, must be construed to limit the referees to the finding of
evidentiary facts from which the main fact bearing on the peti-
tion may be found. The claim is, in short, that a direction to
find the facts means all the facts but the main fact. Such a
construction would be a substantial repeal of the law as enacted,
and the re-enactment of a substitute drafted by the plaintiffs.
Section 14 imposes no duty upon the court or referees. It relates
solely to the duty of the secretary of state in case the petition is
sustained. The phraseology used is merely descriptive of pre-
vious action, and, if an inaccuracy existed in the description of
the previous proceedings, the only question would be, whether the
contingency upon which the secretary of state was empowered
to act was indicated with sufi9cient clearness to justify his action,
and prevent a failure of the whole law. Upon no principle of
construction could such defective description of preceding action
operate to repeal previous express provisions, and to substitute
others agreeing more nearly with the descriptive references. But
there is no inaccuracy. The phrase '^ If they (the court) decide
the public good requires the proposed railroad " does not mean
*' If they find as a fact, etc.," nor does it mean " If the referees
find as a fact.'* The plaintiffs bring their petition under 8, 8
*'for a decision of the question, etc." The object of the peti-
tion is to obtain a judicial decision, a judgment or decree
conclusively establishing the public need of the proposed rail-
road. Facts are not established by the findings of referees,
judges acting as triers of fact, or by the verdict of a jury, but
by a judgment on the report, finding, or verdict. Clough v.
Moore^ 63 N. H. Ill, 113. The court in each case alike must
decide, i. e., adjudge, whether the facts are lawfully and prop-
erly found, and all other questions raised by the petition or other
form of proceeding.
'^ If they render judgment " may be a more technical, as well
as more cumbersome, mode of expression, but does not so differ
in meaning from "if they decide" as to lead to the inference
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Xxii RAILROAD COMMISSIONERS' REPORT.
that the legislature intended by the expression used to repeal the
express language of 8. 10. By Webster " to decide " is defined,
'* to f-ender judgment." Internat. Diet. A " decision" is '* a
judgment of a court." Rap. & Law. Law Diet. In the section
of the original law imposing like duties upon the secretary of
state, the order of judgment upon the report of referees who
were empowered to locate the road is spoken of as the ^^ decision
of the court fixing the route of the railroad" and as " a judg-
ment laying out said railroad." Laws 1883, c. 100, ss. 7, 10.
It is not claimed that under that statute the members of the court
personally fixed the route, or laid out the railroad. The use of
similar language in s, 14, c. 156, P. S., evidently from following
the phraseology used in 1883, could not have been intended to
operate as a repeal of previous express provisions touching the
duty of referees, and to impose upon the court a duty not im-
posed by like expressions in the original act.
It cannot reasonably be claimed that the legislature intended
to provide as the machinery for the investigation and correct
determination of an important question of .fact depending upon
so many and diverse facts and circumstances that one set of men
should view the country where the road was to be built and the
territory it aimed to serve, hear the testimony of witnesses and
other evidence, and then report in writing as well as they can
what they have seen and what isolated facts they find proved, to
another body of men who are to be kept in entire ignorance of
the impression as to the main question to be determined made on
the minds of the investigators by the mass of testimony, visual,
oral, and written, laid before them ; and that the second body
should then determine the main question from what the first body
tells them they have seen and heard. Nothing short of express
language, so express and precise as not to be capable of any
other interpretation, can authorize us to hold the legislature in-
tended so anomalous, cumbersome, and fallible procedure. In
the absence of such language, we are bound to understand the
legislature intended a workable law, a method reasonably certain
of obtaining a correct decision of the question.
The motion to recommit is made by the opponents of the peti-
tion and is resisted by the petitioners. The latter, who ask for
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RAILROAD COMMISSIONERS' REPORT. XXIU
a judicial establishment of the fact of public exigency, are bound
to procure from the triers of fact an affirmative finding in their
favor or fail upon their petition. They now resist the motion to
recommit for a finding upon the question. No finding having
been made, we might properly, therefore, on the ground that the
parties who make the motion are not bound to procure any find-
ing upon the question while the plaintiffs who have the afiSrma-
tive resist it, deny the motion and dismiss the petition. But
such a disposition of the case might prove an unnecessary hard-
ship upon the plaintiffs, while a recommittal can do them no
injury ; for the absence of a finding is as fatal to the main-
tenance of the petition as a finding against them.
The report is recommitted to the referees to report whether the
public good requires the proposed railroad.
Clark, Chase, and Wallace, J. J., did not sit: the others
concurred.
It having been thus determined that the legal meaning of the
words of the statute, " The court shall thereupon, after hearing
such parties as desire to be heard, decide the question raised by
the petition," t. e., the question of public good, is, that the
referees and not the court shall decide the question, and that
with this interpretation the law is workable, there is no apparent
reason why parties who desire to construct steam or electric rail-
roads that are demanded by the public good, should not easily
and without unreasonable delay or expense, secui*e authority to
proceed with their proposed enterprises, or why special charters
should be granted in any case.
In establishing the policy that all railroad corporations should
be formed and do their work under general instead of special
laws. New Hampshire has only followed the example of nearly
every other state in the Union, in some of which it has been
deemed so important that all corporations should have the same
rights and privileges that special charters have been prohibited
in their constitutions.
If this policy is to be continued and applied here in any case,
it should be in all. If the general law is to remain upon the
statute book, no charters should be granted by the legislature.
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XXiy RAILROAD COMMISSIONERS' REPORT.
ACCIDENTS.
The remarkable record of the New Hampshire railroads, in
regard to accidents to passengers, was broken August 27, when
an express train, heavily loaded, left the rails near a switch in
the upper end of the Concord yard, wrecking the locomotive and
several cars, and crushing and mangling a number of persons,
two of whom afterwards died of their injuries. Up to that
time, during the thirteen years that reports had been made to
the board, no passenger had been seriously injured in a pas-
senger car in the state.
Soon after this accident a searching investigation was made
by a coroner's jury, and later, one was begun by this board,
but it was- adjourned in order to afford opportunity to examine
the testimony given before the coroner, and has not yet been
completed. With this exception, the record does not differ
much from that of other years. About half the victims were
trainmen, who fell from moving cars, or were crushed between
them, or who slipped in front of them. The other half were
either killed upon crossings or while walking upon the tracks.
There have been no collisions, and no wrecks, that were due to
causes which could have been foreseen and guarded against.
During the year, thirty-three accidents, in which thirty-four
persons lost their lives, were reported to the board. This is a
less number than usual, which is due to the fact that the roads
have had less men in their employ. The average, in former
years, was nearly one in each week, or fifty each year.
THE STREET ROADS.
The electric railway has not emerged from the experimental
stage. To what extent it is to supersede the steam road is yet
to be determined. By what method the mysterious power upon
which it depends can best be applied is to be ascertained. But
it has been demonstrated, beyond dispute, that the electric car
furnishes almost ideal transportation for passengers, upon lines
of travel which steam roads cannot take. It is rapid, com-
fortable, and in nearly every way pleasing. As a means of
conveyance between different points in cities, between city
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RAILROAD commissioners' REPORT. XXV
centres and suburban villages, between populous places and
summer resorts, and to and from country towns which cannot
be reached by the locomotive, it excels all other inventions,
and so commands public approval that it is certain to be given
a right of way wherever there is business enough to make it
profitable. That it is not to be debarred from any territory
where it is needed, and can secure a paying business, may be
assumed. This being settled, the most important and most
difficult railway problem which we are called upon to consider
is upon what terms the electric railway is to be authorized, con-
structed, and operated.
It is natural that communities which are very desirous of
securing electric car accommodations should be ready to go to
great extremes in offering inducements to whoever will provide
what they want, and it is not strange that in such communities
there is a sentiment in favor of permitting all persons to con-
struct electric street roads wherever they please, and finance
and operate them without any restrictions or regulations what-
ever. But experience and reason unite in protesting against
such a free policy as this. The promoters and builders of elec-
tric roads are not exempt from the selfishness tliat dominates
those who own other corporation property. Their object is to
make all the money they can. They are not in the business to
benefit their fellow-beings. They take what they can get, and
give what they are obliged to by law, or by their judgment as
to what is prudent and profitable to them, just as the managers
of steam roads do. Whether they confer upon the public the
benefits. it is entitled to, and refrain from inflicting upon it
unnecessary damage, depends very largely upon the action of
the legislature and'the tribunals to which it delegates its powers.
Necessarily, it is a complex and difficult matter to determine
what restrictions and requirements are needed, and are just and
fair. In general terms, it may be said that electric and steam
roads should be subject to the same conditions, supervisions,
and restrictions, but it is not easy to apply this rale, and, if it
were, it would not be enough.
Public good and private gain are interwoven in the street road
to a greater extent, and in a more perplexing manner, than in
8
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XXvi RAILROAD COMMISSIONERS' REPORT.
any other business enterprise. Other corporations own by pur-
chase the property they use, while the street road uses, free of
price, property owned by the public, and this joint use by two
parties, of property owned by one of them, introduces dangers
and difficulties which experience with steam roads has not quali-
fied us to deal with.
The steam road is the product of more than half a century of
evolution, and the laws regarding it have been slowly and labo-
riously formulated by the light of experience. The electric comes
upon us, almost instantaneously transformed, as if by magic,
from the horse road, which was so small and weak as to need
constant concession and encouragement, and to be powerless
for encroachments upon the rights of the people, into an im-
mense and mighty combination, of capital, courage, skill, ambi-
tion, and cunning, against which the strongest safeguards are
needed.
In a special report made to the legislature of 1895, after a
somewhat elaborate discussion of the subject, this board stated
its conclusions as to what was necessary to promote the con-
struction of electric roads in this state where they were needed,
and could be made to pay, and at the same time to protect the
public, and secure to it the advantages to which it is entitled in
return for the immensely valuable privileges which are con-
ferred upon corporations when they are authorized to appro-
priate to their use the highways that have been built, and are
kept in repair at the expense of taxpayers.
The dangers to be guarded against were stated as follows :
1. The construction of roads which cannot secure business
enough to support them, and which must be abandoned; in
other words, roads for which there is no public exigency.
2. The acquirement, by coi*porations, of the right to take and
use without compensation, directly or indirectly, the highway
which the public has been taxed to pay for, and must be taxed
to maintain.
3. The over-capitalization of street roads.
4. The abandonment by the state of the right to regulate the
operation of street roads, including their charges.
To these we may now add :
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RAILROAD commissioners' REPORT. XXVii
5. The acquirement of franchise by those who have no inten-
tion to build the roads authorized, and who secure them with
the idea that at some time in the future they can be sold or used
to extort blackmail from corporations that might be injured by
the construction of competing roads.
In conclusion, the board recommended the passage of a gen-
eral street railroad law, which should :
1. Authorize the organization of street railroad corporations,
by some simple and easy method, and the construction of such
roads wherever and whenever they are needed, by whoever will
furnish the necessary means.
2. Provide an impartial and competent tribunal to determine
the question whether the public good demands the constiniction
of a proposed road, and to fix the compensation, if any, for the
use of the highways.
3. Confer upon the towns and cities through which a road
runs, the authority to locate it, prescribe the character of its
construction, and, in cases where it is confined to one town or
city, the method of its operation.
4. So far as is practicable, exclude such roads from the trav-
elled highways in country districts, and secure to the public,
directly or indirectly, compensation for the property and privi-
leges which are granted them.
5. Protect grade crossings.
6. Declare that failure to operate a street road shall be a for-
feiture of its franchise ; and
7. Prohibit fictitious capitalization, the sale of securities for
less than their par value, and the contraction of debts in excess
of the amount of capital stock actually paid in.
A law that conformed substantially to these recommendations,
except the fourth and sixth, was passed March 13, 1895, and
has since been in effect.
It provides, in brief, that persons desiring to build a street
railroad may form a corporation, make the necessary surveys,
and apply by petition to the supreme court for a decision of the
qnestion, whether the public good requires the proposed road,
that the court shall thereupon refer the matter to the Railroad
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XXViii RAILROAD COMMISSIONERS* REPORT.
Commission, or a board of referees for a finding of facts, and
upon receiving their report, shall decide the question raised by
the petition. That if it is decided that the public good requires
such road, the secretary of state shall issue to the petitioners a
certificate authorizing them to proceed to raise the neeessaiy
funds, and construct and operate the road in accordance with
law, which is, in effect, a charter.
That stock to the amount of 86,000 per mile, of narrow gauge
track, and $10,000 per mile, of broad gauge track, shall bo
issued and paid for at par, before construction is commenced.
That street railways shall be located, built, and operated, in
accordance with the directions of the officials of the towns and
cities whose streets they tise, unless upon appeal to the Railroad
Commission it shall be otherwise ordered, and that they shall
keep in repair the portion of the highways occupied by them.
That grade crossings shall not be constnicted without the
consent of the railroad commission, and, when constructed, shalj
be properly protected.
That stock and bonds shall only be issued in such amounts
as may from time to time be deemed and voted by the railroad
commission to be reasonably requisite for the legitimate pur-
poses of the corporation, and that debts shall not be incurred in
excess of the capital stock.
Experience and observation, in our own and other states,
convince us that this is, in the main, a good law. The argu-
ments in favor of its passage have been proved to be sound,
and we see no reason for retracting or modifying a sentence of
the special report of 1895, which led to its enactment, and
which we desire to repeat and emphasize at this time. The law
has been condemned by some, who are ignorant of its provisions
and operations, and by speculators whose schemes it has inter-
fered with, but it cannot be shown that it has defeated any
project for the promotion of the good of the state, or has
thrown about our street railway systems safeguards that were
not needed.
There is not an atom of evidence that it has i)revented or
postponed the building of a rod of electric road in New Hamp-
shire.
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RAILROAD commissioners' REPORT, XXix
Previous to its passage the legislature had granted charters
to the following street railway corporations :
1, Manchester Street Railway.
2. Nashua Street Railway.
8. Concord Street Railway.
4. Laconia and Lakeport Street Railway.
5. Union Street Railway (Dover and Somersworth).
6. Chester and Derry Railroad (Chester and Derry).
7. Massabesic Railroad (Manchester and Auburn).
8. Rochester Street Railroad.
9. Exeter Street Railway (Exeter and Hampton).
10. Hampton Street Railway.
11. Bristol Sti-eet Railway (Bristol, Bridgewater and Hebron).
12. Eeene Street Railway (Keene and Swanzey).
13. Portsmouth Railroad Company (Portsmouth, Newcastle
and Rye).
14. Littleton Street Railway.
15. Franklin.
16. Rye Beach (Rye and Hampton).
Of these, the first six have been constructed and with the
exception of the Laconia and Lakeport, which uses horse-
power, are now operated by electricity. Another charter that
was obtained, to be used as a club with which to bring the own-
ers of an existing road to terms, has served its purpose, having
been sold by the incorporators for a considerable sum to the
men at whom it was aimed and by them safely pigeonholed.
The charters for the other nine have been permitted to lapse
or lie doimant, because it has been impossible to find capital-
ists who could be convinced that the roads authorized by them
could be made to pay, or because those who control them are
holding them for speculative purposes. That these unused
charters cover the unoccupied tenitory in which such enter-
prises can reasonably be expected to be profitable, if anywhere
in our state, is clear enough to all.
That they give to the grantees all the concessions, rights,
privileges, and immunities, that can reasonably be asked for, is
apparent to whoever reads them.
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XXX RAILROAD COMMISSIONERS* REPORT.
Evidently, there was little occasion for granting other special
charters when the general law was enacted.
There have been and there are foreign speculators who ask
for special chailers for through lines, that if constructed would
parallel the steam roads, but it is not in evidence that they have
the ability or the disposition to build and operate such lines.
"What they really want is a perpetual monopoly of the right to
appropriate the highways to their own use, which they can turn
into cash without making investments or taking risks of any
kind, by selling the franchise to steam roads or to other elec-
tric companies. They do not like the general law, because it
vacates an unused chai*ter at the end of three years, requires
those who control the roads to fui*nish at least half the cost of
constructing them, and prohibits fictitious capitalization, and
the contraction of debts in excess of the amount of the capital
stock.
Whether the public good requires that any charters should be
granted for through electric lines which will compete for and
divide the business the steam roads have been built and
equipped to do, is a question that need not be considered until
some one appears who can show that he actually intends, if he
can get permission, to build and operate such lines.
For the present, we may well devote ourselves to encour-
i^ng, so far as we may properly and profitably, the construction
of roads in the cities that are still unprovided with them, and
from important points upon the steam roads, to country towns
that lack railroad facilities of any kind. Such roads are
needed and whenever capitalists can be convinced that they
can secure a paying business they will be built, and the law
fairly administered will not delay them.
The board has done all in its power to make the law helpful
to all parties who proposed to engage in legitimate street rail-
roading. No person who has asked for permission to construct
a street road of an extension has been refused. Three peti-
tions have been referred to us by the court. One for authority
to build a road in Marlborough, which was promptly granted,
one to meet certain requirements in the case of the Keene road,
which was favorably acted upon, and one for what is practi-
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RAILROAD commissioners' REPORT. XXXi
cally a d6w charter for an electric road in Franklin, which is
still pending.
The board has authorized the issue of $305,000 of capital
stock and of $50,000 of mortgage bonds by the Nashua Street
Railway, and of $190,000 of stock by the Manchester Street
Railway. It is about to authoi'ize the issue of what stock is
necessary to reconstruct the Dover road.
From the first, all street railway charters in this state,
whether granted by the legislature or the court, have given the
grantees the right to take to their own use, without any com-
pensation whatever, the highways and other public property
that they must have, and to use auy power except steam.
The law has not been and is not a barrier in the way of
honest street railway extension. Probably it has interfered
to some extent with the schemes of individuals and syndi-
cates that have had in mind their own enrichment, not by
furnishing our people with needed railway facilities, but by
speculating in charter privileges, but this in our judgment is not
to be regretted.
Foimerly, it was an easy matter to get almost any street
railway charter that was asked, and it cost nothing to keep
one after it had been secured. Some of those who were given
the horse raibroad charters sold them for a great deal of money
when electricity took the place of horse-power, and knowledge
of this induced men to get all the charters they could and lay
them away against the possibility that at some time they would
become valuable, either because profitable roads could be built
on the routes they covered, or because the owners of existing
roads would think it for their interest to buy them and smother
them. The general law put a stop to this.
Parties who apply for charters under it are required to sat-
isfy the commission and court that they have the ability
and the intention to construct the roads described in their peti-
tions, and the grants they receive are void if they are not used
within three years from their date. We consider this a reasona-
ble requirement and limitation.
If charters are not used within a reasonable time they should
be forfeited. So should locations and other privileges granted
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XXXii RAILROAD COMMISSIONERS' REPORT.
by cities and towns. It is an outrageous policy which gives
a corporation exclusive and perpetual right to occupy a high-
way with a street road and leaves it entirely optional with the
grantees whether to build the road or to refuse to build it or
to permit any one else to build it indefinitely, and thereby
defeat the only purpose for which such grants can properly be
made.
The need of rigid regulations to prevent the fictitious capital-
ization of street railway properties, and the contraction of
debts in excess of the amount of their stock is apparent to all
who pay the slightest attention to the subject.
A very large share of the street railways of this country
have been built by men for the sole purpose of making money
by the sale of stock and bonds, or by furnishing equipment, or
by booming the price of outlaying lands in which they were
interested. Whether the roads were needed or could be made
to pay, was not asked by these men. If they saw a chance to
build a road for a fraction of what could be got for it by the
sale of stock and bonds, they have proceeded to build it, and
having disposed of all the securities possible have gone their way,
leaving the victimized owners to operate it or abandon it, as
they have seen fit.
The Street Railway Journal^ an accepted authority upon the
subject, says that on the first of July, 1896, there were in the
United States 916 street railways, with a total mileage of
14,470 miles of track, not of line.
Of this mileage, 1,219 miles were horse, 12,133 were electric,
599 were cable, and 519 were classed as miscellaneous. The cars
in use numbered 48,182. The capital stock of the corporations
owning these roads was $784,813,781, and the funded debt was
$590,596,391, making a total capitalization of $1,395,410,172,
or an average of $95,000 for each mile of track.
On the first of July, 1895, as appears from the report of the
Interstate Commerce Commission, the length of all the steam
railroads was 180,659 miles, and the tracks measured 236,894
miles. The amount of their capitalization was $10,985,203,125,
an average of $66,330 per mile of road, or about $46,000 per
mile of track.
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RAILROAD OOMHISSIONRRS' REPORT. XXXiii
The steam road is obliged to buy its roadway, to grade its
road-bed, to build bridges and fences, to erect stations, and to
provide terminal yards in the centres of business, where land is
very costly, and thus to incur enormous expenses which a street
road avoids.
Most of this steam road mileage was constructed during an
era of high prices for labor and material, and no inconsiderable
portion of the capitalization is water, and yet the amount of
stock and bonds which represent each mile of track is con-
siderably less than half that issued for each mile of street car
track.
It is to be considered that in producing this street railway
average, the expense of about 600 miles of very costly cable
and miscellaneous road is included, also the cost of the property
belonging to such horse roads as have been converted into
electrics, much of which has necessarily been sacrificed, and
that electrics were much more expensive when they were nov-
elties than they are now ; but with all due allowance for these
facts, this comparison is proof positive to the most casual
observer that the capitalization of the street roads is, to a
great extent, fictitious and a fraud upon the public and stock-
and bond-holders.
That all the electric railways in this country could, if they
wei*e annihilated, be replaced for less than half the amount
at which they are capitalized, is, we believe, capable of
demonstration; and while it is true that the actual cost of
many of them when they were built was much greater than it
would be to-day, their patrons are either compelled to pay
vastly more than they should be, in order to earn interest and
dividends, or those who have been induced to buy their stock
and bonds are being punished for investing in their securities.
"We do not need to go beyond our own state for an illustra-
tion of the evil results of an unrestricted capitalization and
unlimited contraction of debts by street railway corporations.
In 1889, H. W. Bui^ett, a Massachusetts promoter, bought the
Dover road for $25,000. He got for his money little but the
frauchise, the tangible property being nearly worthless. Hav-
ing obtained from the legislature authority to do so, he con-
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XXXiv RAILROAD COMMISSIONERS' REPORT.
verted the road into an electric aod extended it to Great FallSy
laying about seven miles of track and making arrangements to
obtain his power from another company in which he was inter-
ested, thereby saving the expense of a power station. He
issued $100,000 in bonds and $150,000 in stock, a total capitali-
zation of $250,000 or more than $35,000 per mile. For a time
the road paid interest and dividends, but at the end of four
years it had a large floating debt, and passed into the hands of
a receiver. Recently, it has been sold by the bondholders for
$105,000, or about the amount of the bonds and accrued inter-
est, leaving the stock-holders and creditors to lose outright more
than $200,000. This road connects two flourishing cities only
four miles apart, and passes, midway between them, a park
which is the favorite recreation ground of the people of both.
It is now in a dilapidated state and much money must be spent
upon it before it meets reasonable requirements, but there is no
apparent reason why, with honest financiering and good man-
agement, it should not pay handsomely. It was wracked by
those who capitalized it far in excess of what it should have
cost, and mismanaged it afterwards.
In pleasing and instructive contrast to this, stands the Man-
chester railway, which has been converted into an electric since
May 1, 1895, and so extended that it now has twenty miles of
track. No better road can be found in a city of the same size.
Of its 20 miles of road-bed, about 15 are well paved with
block and cobble stone. Its steel track weighs 90 pounds to
the yard on the main street, 70 pounds on the side streets, and
56 pounds in the suburbs, and is timbered to correspond. Its
trolley constraction is first-class in every way and its equip-
ment, which consists of 71 cars, is inferior to none. It has no
power station, but its real estate is valued at $46,500. Its
capitalization is $250,000 in bonds and $125,000 in stock, or a
total of $375,000. Previous to the reconstniction of this road,
its capital was $25,000 and it had an unfunded debt of about
$60,000. The amount of the debt was not much in excess of the
value of the property of the corporation beside the franchise.
It has been paid out of the proceeds of the sale of new stock and
bonds, but as the company owns or has converted into money
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RAILROAD commissioners' REPORT. XZXV
and used the property represented by it, the cost of the new
road is not far from the amoant of the stock and bonds now
outstanding, less the original stock.
According to the report of the company which is dated June
30, 1896, when its tracks measured 17.02 miles, the total cost
of the roadbed and tracks has been up to that time $133,490.01 ;
of the electric construction, including poles, wires, feeder lines,
etc., $29,353.00; of cars and other rolling stock and vehicles^
$42,050.50; of electrical equipment for the same, $27,064.39 ;
and of other equipment, $1,986.24. Add to this $7,563.70 for
interest accruing during the construction, $18,588.14 for sal-
aries and engineering expenses incident to construction, $5,000
for commission on sale of bonds, and $46,549 for land and
buildings, and the total cost of the permanent tangible property
of the corporation on July 1 was $309,628, or about $18,000
per mile. Since then, the tracks have been extended three
miles at an expense of about $20,000, without additional outlay
for cars, land, salaries, or other incidentals ; so that this twenty-
miles road, which is one of tbe best in the country, has cost
less than $330,000, or $16,500 per mile. A power plant,
which is all that is needed, would increase the average to about
$19,000 per mile, and for that amount first-class electric roads
can be constructed and equipped almost anywhere in the coun-
try, outside the largest cities. Such roads as generally have
been and will be built in small towns need not cost half as
much.
Nevertheless, the patrons of street roads in the United States
are compelled to pay upon a capital of $95,000 a mile. Is any-
thing more necessary to show that it should not be left to the
directors and financiers of these corporations to determine how
much stock and bonds they will issue? Should the patrons of
street roads be obliged to pay an income upon $95,000 per
mile or half that sum, when the actual cost of first-class roads^
fully equipped, is less than $20,000?
The Nashua road has been transformed into an electric and
extended through the town of Hudson to the Massachusetts
boundary, where it connects with a road to Lowell, owned by
the same parties. Its tracks measure 15 miles. It is well
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XZXVi RAILROAD COMMISSIONERS* REPORT.
built and equipped, and there is no reason to suppose that it has
not been honestly constructed and financed. Its capitalization
is heavy, owing to the large debt that was loaded upon it by its
former owners, for which there was little to show except the
franchise. Its stock is $250,000 and its bonded indebtedness,
$150,000, making $400,000, which is at least a hundred thou-
sand dollars more than the actual cost of the road and its
equipment.
The Concord road has 12.5 miles of track and is capitalized
at $218,000, or $17,400 per mile. Its track is light, but ser-
viceable, and its equipment is first-class. It owns a power
plant and a park, and its real estate and buildings ara valued
at $28,841. Taken together, the Manchester, Nashua, and
Concord roads, which are the three electrics that can be said to
be in good condition and capable of handling the business that
belongs to them, have 47.5 miles of track and are capitalized at
$998,000, or a little more than $20,000 per mile. This is
greatly in excess of the cost of their visible assets, but we can
congratulate ourselves that it is not $95,000 per mile, as it
might have been if our laws had been as loose and our street
railway managers as grasping as those of other states.
The value of street railway franchises and the method by
which the public should be compensated for conveying them to
a few grantees, are less important subjects in New Hampshire
than in most other states. We have few large cities, which are
the most profitable fields of operation in street railroading, and
these are already occupied by men who have purchased the fran-
chises that were given the original proprietors and who, with
reason, object to paying the state for what they have already
bought by authority of the state, of their predecessors.
But in view of future possibilities, which include such a devel-
opment of electricity as a motive power as will transfer much of
the transportation business now done by steam roads to the high-
ways, it seems desirable that we should establish some policy by
which we can secure to the people who build and maintain our
public roads, a fair return for the grants that go with street
railway charters.
No person has ever attempted, so far as we have seen, to
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RAILROAD commissioners' REPORT. XXXVii
defend the practice which gives oatright to one man or a dozen
associates, the right to pocket unlimited profits by appropriating
the property which belongs to the whole community, but in our
haste to secure street roads we have done this from the begin-
ning, and are still doing it. For all the rights and privileges
that have been voted to street railway corporations in New
Hampshire, and that in a few cases have already been coined
into large sums of money, no one has ever paid a cent into the
state or any other public treasury. Even the tangible property
of these corporations has been exempted from taxation for ten
years. In other countries, and in other states in this country,
the people have not been so generous. In New York city, street
railway franchises are sold at public auction. The law estab-
lishes a minimum, which is three per cent, of the gross receipts
for the firat five yeare and five per cent, thereafter. Last year,
one was sold for 88J per cent, of the gross receipts of the pro-
posed road. In Milwaukee, the roads pay one per cent, on the
first $250,000 of the gross receipts not exceeding $250,000, and
a larger percentage on larger receipts. Buffalo, N. Y., gets
two and one-half per cent, of the gross receipts, and the reve-
nue last year was more than 830,000. Richmond, Va., receives
five per cent, of the gross receipts. Chicago collects an annual
license of 850 for each car operated, and received in 1895 from
that source 873,614.57. It also collects compensations for vari-
ous permits granted the street roads, one of w^hich paid 8570,000
for permission to change its horse-car road into a trolley line,
and another 8250,000 for a similar concession. In one ordi-
nance, passed upon the petition of the Northwestern Elevated
road, a compensation clause was inserted which, it is estimated,
will yield to the city more than four million dollars in fifty years.
In Grand Rapids, Mich., the license fee is five dollars per car
per annum. In Toledo, O., the tax is one per cent, of the gross
receipts. In Ilamsburg, Pa., the license is 855 per car. In
Little Rock, Ark., it is 825 per car. In some cities street rail-
ways maintain the streets in which their tracks are laid. In
Toronto, Canada, the street road which belonged to the city was
sold, in 1894, to a corporation, for about a million and a half
dollars. In addition to this price, by the terms of the agree-
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ZXXViii RAILROAD COMMISSIONERS' REPORT.
ment the company pays an annual rental of $800 per mile of
single track or $1,600 per mile of double track, eight per cent,
of all gross receipts up to $1,000,000 per annum, ten per cent,
on all between $1,000,000 and $1,500,000, twelve per cent, on
all between $1,500,000 and $2,000,000, fifteen per cent, on all
between $2,000,000 and $3,000,000, and on all gross receipts
over $3,000,000, twenty per cent. At the termination of the
agreement the city is empowered, if the council so decides, to
take out the entire plant at a valuation to be settled by ai*bi-
trators, but the city is to pay for the land so secured only what
it is worth, without reference to its value for street railway
purposes.
In Montreal, the compensation clause upon which the franchise
is conditioned, is this :
''The company shall pay to the city, annually, from the 1st
of September, 1892, upon the total amount of its gross earn-
ings arising from the whole operation of its said railway, either
with cars pi'opelled by electricity or drawn by horses :
** Four per cent of its gross earnings up to $1,000,000.
'* Six per cent, of its gross earnings from $1,000,000 to
$1,500,000.
"Eight per cent, of its gross earnings from $1,500,000 to
$2,000,000.
"Ten per cent, of its gross earnings from $2,000,000 to
$2,500,000.
"Twelve per cent, of its gross earnings from $2,500,000 to
$3,000,000.
"Fifteen per cent, of its gross earnings above $3,000,000."
In the old world there is, to a great extent, municipal owner-
ship of street railway properties, which results in very large
compensation for the franchises.
Among the leading cities of Great Britain which own their
own street car tracks, are Liverpool, Manchester, Birmingham,
Edinburgh, and Glasgow. The county council of London not
long ago decided to take possession of the tramway systems of
noith and south London.
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RAILROAD commissioners' REPORT. XXxix
Liverpool owds fifty miles of tracks, which it leases at $3,000
a mile.
Manchester owns fifty miles of single track which it built
itself. It was leased to a company, in 1877, for twenty-one
years for $100,000 a year, but the city has to keep the tracks in
repair.
The tramways of Glasgow were built by the city itself, more
than twenty years ago. A private company wanted the fran-
chise, after the Amencan method. The city council refused. It
would retain control of the streets. It constructed the tracks
at a cost of $1,750,000 and leased them to the private company,
which agreed : (1) To pay the interest on the bonds for the cost
of construction; (2) to provide a sinking fund to pay off the
principal at the expiration of the lease; (3) to set aside four
per cent, as a renewal fund to keep the road in good condition ;
(4) to pay to the city a yearly rental of $750 a mile. There
was also a provision for low fares. The company that had the
lease sold it to a local company for a premium of $750,000.
This company flourished after a few years, and paid average
dividends of over ten per cent. The lease expired July 1, 1894,
and the city council, by a vote of 50 to 6, decided to operate
the line itself in the future.
Out of 127 tramways in Great Britain, twenty-seven are owned
by local authorities.
At Huddersfield, a town of 134,000 inhabitants, not far from
Manchester, the street-car lines have been owned and operated
by the city for some years. The system was built and equipped
by the city at a cost of $433,000. The city pays three and
one-half per cent, interest, but chai-ges the railway department six
and one- fourth per cent., to cover depreciation and other charges.
In 1889, the receipts were $70,675 and the expenditures $48,795.
In Paris, the Omnibus and Tramway company pays to the city
$200,000 a year, and in addition, $400 annually for every om-
nibus and $300 for eveiy street-car, making a yearly revenue of
about $550,000 from this company. Another company pays
$300 a year per car, and another $150.
The franchise of the street railway company in Berlin expires
in 1911, when the tracks become the property of the city, which
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Xl RAILROAD COMMISSIONERS' REPORT.
will also have the right to purchase the equipment at a fair val-
uation. In 1890, the revenue of the city from its gross percent-
age was nearly $250,000. The city has the right absolutely to
regulate fares, frequency of trips, etc.
These facts are not stated as illustrations of what should be
or could be done in this state. Aside from the question of the
vested rights of stock-holders and the constitutional limitations of
our power to levy special taxes, it is impracticable to get from our
street roads much revenue while they have no more business than
at present. With two or three exceptions, they could not pay any
considerable tax upon their gross receipts or a car license, with-
out depriving their stock-holders of fair dividends. Neverthe-
less, we think the state should in some way assert the principle
that whenever a street road can afford to pay for its franchise,
it should do so in some way.
Solvent corporations are controlled by their stock-holders,
not by their bondholders or other creditors, and for this reason
if for no other, stock-holders should be required to furnish at
least half the money invested in the business, or in other words,
be prohibited from contracting debts in excess of the capital
stock actually paid into the treasury. Without this restriction
it was possible and entirely practicable for two or three men to
organize a street railway corporation, issue ten or fifteen thou-
sand dollars worth of stock to themselves, dispose of a hun-
dred thousand dollars worth of bonds and then with the man-
agement entirely in their hands, pay themselves enormous
dividends and otherwise mismanage for their own benefit, con-
tracting unfunded debts to a large amount and finally wrecking
the corporation, in spite of the wishes and protests of those
who own nearly all the property and are in the end heavy
losers. This has been repeatedly done.
That cities and towns whose highways are occupied by street
roads should have authority to locate such roads, dictate the
manner in which they shall be constructed, and regulate their
operation, is too plain to need argument, and the provision of
the law which gives them that authority is generally accepted
as wise and prudent.
Beyond this, we think the law should expressly declare that
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RAILROAD commissioners' REPORT. Zli
street roads shall remove snow and ice from their tracks as may
be ordered by the local authorities.
The prohibition of grade crossings, except by the consent of
the railroad commission, is in accord with what has been
deemed good policy throughout the country.
The requii-ement of the law as to original stock issued for
each mile of track before construction commences might well be
modified, by reducing the amount nearly or quite one half.
Under the rule which appears in other sections, that stock-
holders must furnish one half the necessary funds and may
borrow the other half, $4,000 or $5,000 per mile of narrow, and
$6,000 or $7,000 per mile of broad, gauge track is sufficient.
THE CHESTER AND DERRY RAILROAD.
In 1894, Mr. Burgett, the promoter of the Dover road,
reappeared in New Hampshire, and with a few associates
secured control of a charter for a street road from Derry Depot
to Chester, which was constructed last summer and opened for
business October 1st. It is seven and three-fourths miles in
length, and is equipped with three electric passenger-cars, one
freight-car, and a snow-plow. It has also a power plant valued
at $2,500 and land and buildings estimated at $5,500. Accord-
ing to the statements of its officers, the cost of the entire plant
was exactly $100,000, which is just the amount of the capitali-
zation. This board has not been asked to authorize the issue
of stock and bonds, but it appears that $50,000 of each have
been issued and are now outstanding.
The road connects a village situated upon the Boston &
Maine railroad with a country town about eight miles distant,
which bad no railway facilities. It transports passengers and
freight, and is said to have done a satisfactory business since
it was opened.
As it is the only one of its kind in New Hampshire, that is,
the only one which serves as an extension of a steam road to a
country town that was dependent upon stage lines for public
conveyance, it is in the nature of an experiment, and upon its
success will depend in a large measure the construction of
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Xlii RAILROAD COMMISSIONERS* REPORT.
others having similar relations to the steam roads and the
people.
STREET RAILWAY PARKS.
The transportation of people to and from parks, picnic
groands, and other outing places, is no inconsiderable part of
the business of our street roads, and in order to increase the
receipts from this source the Concord, Nashua and Dover roads
have secured by purchase or lease, control of parks upon their
lines, in which they furnish entertainments of various kinds,
relying upon their car receipts to pay the expense and yield a
profit. The Manchester road has for the same purpose, the
use of groves and other grounds belonging to the principal
owner of the road, in which concerts are given, fireworks are
displayed, fairs and picnics are held, and such other attractions
as it is thought will swell the volume of travel are provided.
If this is to be regarded as one of the legitimate functions of a
street railway, and we see no reason why it should not be, there
is need of legislation to define in explicit terms the rights of
the corporations in the acquirement of the necessary land and
to give them the power to police their parks and by such
reasonable rules and regulations as are requisite, establish the
terms upon which the public shall be admitted to them, and
enjoy the privileges connected with them.
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PART II.
PETITIONS. ORDERS. AND FINDINGS.
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THE KEENE ELECTKIC RAILWAY.
STATE OF NEW HAMPSHIRE.
ChESHIBE 88.
To the Supreme Court:
The KeeDe Electric Railway Company, a corporation duly estab-
lished by law and located in the city of Eeene, respectfully repre-
sents that it desires to build an extension of its railway from the
town line between said Eeene and the town of Marlborough, over
and upon the highway leading from Eeene to Marlborough Vil-
lage and over and upon such bridges and lands as may be neces-
sary to build such extension. The termini of said extension are to
be said town line and ihe junction of the HarrisYille and Jaffrey
roads in said village of Marlborough. The gauge is to be four
feet, eig^t and one-half inches. The distance is about one mile.
Said railway is to be laid and operated in the manner usual for
electric railways, and the probable cost is ten thousand dollars
($10,000). Wherefore said company prays that said court wOl de-
termine the questions whether or not the public good requires the
proposed street railway extension and whether or not the public good
requires that it shall be built upon the proposed route and for such
other orders or decrees as may to said court appear just.
The Eeene Electric Railway Company,
By its Attorneys^
Chables H. Hersey, Batchelder & Faulkner.
SUPREME COURT.
Cheshire ss. December Law Term, 1895.
It appearing that the notice ordered upon the foregoing petition
has been given, it is ordered that said petition be referred to the
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Xlvi RAILROAD COMMISSIONERS' REPORT.
railroad commissioners for a finding of facts as provided in chap-
ter 156, Pablic Statutes, and chapter 27 of Pamphlet Laws of 1895.
Attest :
L. W. Holmes, Clerk,
A true copy of petition and order of reference thereon.
Attest:
L. W. Holmes, Clerk,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissionebs.
Cheshire ss.
To the Supreme Court :
The undersigned railroad commissioners, to whom the fore-
going petition was referred for a finding of facts as provided in
chapter 156, Public Statutes, and chapter 27 of the Pamphlet Laws
of 1895, respectfully represent that they gave notice of a hearing
upon said petition as required by section 11 of said chapter 156.
That agreeably to said notice they met at the grand jury room in
Keene in said county on Wednesday, the twenty-ninth day of Janu-
ary, 1896, at 2 o'clock, p. m. ; and it there appearing that the order
of notice had been fully complied with, and the said petitioner appear-
ing by its counsel, Charles H. Hersey, and Batchelder & Faulkner,
and a large number of the citizens of Keene and Marlborough being
abo present, proceeded to hear all parties who appeared and desired
to be heard, and having fully heard all the evidence and arguments
presented, report their finding of facts as follows :
That said extension of said railway is intended to connect Marl-
borough and Keene by the proposed Keene electric railway over
existing highways; that said Marlborough has a population of
about 1,700, about two thirds of whom will be conveniently accom-
modated by the proposed railway, and that said Keene has now
about 8,500 inhabitants and is a place of considerable business,
being the county seat of said county and the natural centre of the
business and social life of the surrounding country ; that the build-
ing and operation of the proposed railroad will afford to the people
of both Keene and Marlborough better and more frequent facilities
for communication for pleasure and business than they now have ;
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RAILROAD commissioners' REPORT. xlvii
that the village of Marlborough is so situated that the Boston &
Maine station is distant more than half a mile from the centre of
the yillage, at the top of a steep hill, while the Fitchburg railroad
station is more than two and one-half miles from it ; that the pas*
senger travel between Keene and Marlborough is considerable and
is now mainly carried by stages, making two trips each way daily ;
that said proposed extension can be properly constructed and
equipped for about the sum named in petition aforei^aid, viz.:
$10,000 ; and that no objections exist to its construction and operar
tion other than those which can be made to all electric railways
built upon highways, viz. : the increased danger to travelers on the
highway and the disfigurement of the streets through which they
pass.
H. M. Putney,
J. G. Bellows,
£. B. S. Sanborn,
jRailroad Commissioners.
STATE OF NEW HAMPSHIRE.
In Board of Railroab Commissioners.
The foregoing report having been recommitted to the railroad
commissioners for further finding of facts, we find that the public
good requires the building of said extension upon the route pro-
posed agreeably to the prayer of said petition.
H. M. Putney,
J. 6. Bellows,
E. B. S. Sanborn,
Railroad Commissioners.
STATE OF NEW HAMPSHIRE.
Cheshire ss.
To the Supreme Court :
The Keene Electric Railway Company, a corporation duly estab-
lished by law under a charter granted by the legislature of said
state and located in the city of Keene, respectfuUy represents that
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Xlviii RAILROAD COMMISSIONERS' REPORT.
it is desirous of laying the tracks for the running of its cars and for
the operation of its railway, over, through, and upon the foUo wing-
named streets and highways in the city of Eeene and the town of
Swanzey, in said county, the same being the route proposed by said
company upon which said railway shall be built, to wit :
The east and west sides of Central square; Court street from
Central square to Elm street ; Washington street from Central square
to the Concord road ; Gilsum street from Washington street to Wash-
ington avenue ; West street from Central square to Park avenue ;
Park avenue from West street to Wheelock park ; the entire leng^
of Main street ; Swanzey road from the south end of Main street
to Factory road ; Factory road from Swanzey road to Swanzey Fac-
tory ; the highway leading from Swanzey Factory to the factory
at South Eeene ; thence over the Marlborough road to the Marl-
borough town line ; the entire length of Roxbury street ; Marlborough
street and the South Eeene road from Main street to the factory at
South Eeene.
Wherefore, said company prays that it may be determined by said
court whether or not the public good requires that said railway shall
be built upon the proposed route, and for such other orders and de-
crees as may be just.
The Eeene Electric Railway Company,
By its Attorneys^
Charles H. Hersey, Batchelder & Faulkner.
SUPREME COURT.
Cheshire ss. December Law Term, 1895.
It appearing that the notice ordered upon the foregoing petition
has been given, it is ordered that said petition be referred to the
railroad commissioners for a finding of facts, as provided in chapter
156, Public Statutes, and chapter 27 of the Pamphlet Laws of 1895.
Attest : L. W. Holmes, Clerk,
A true copy of petition and order of reference thereon.
Attest : L. W. Holmes, Clerk.
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RAILROAD commissioners' REPORT. xlix
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners.
Cheshire ss.
To the Supreme Court :
The undersigned railroad commiBsioners, to whom the foregoing
petition was referred for a finding of facts, as provided in chapter
156, Public Statutes, and chapter 27 of the Pamphlet Laws of 1895,
respectfully represent that they gave notice of a hearing upon said
petition, required by section 11 of said chapter 156 ; that agreeably to
said notice they met at the grand jury room in Eeene, in said county,
on Wednesday, the twenty-ninth day of January, 1896, at two
o'clock p. M., and it there appearing that the order of notice had
been fully complied with, and the said petitioner appearing by its
counsel, Charles H. Hersey and Batchelder & Faulkner, and a large
number of the citizens of Eeene and Marlborough being also present,
proceeded to hear all parties who appeared and desired to be heard,
and haying f uUy heard all the evidence and arguments presented,
report as follows :
It was claimed by counsel for the petitioner that by the granting
of a charter to said Eeene Electric Railway Company, the leg^la-
ture of 1893 determined that the public good requires an electric
street railway in said Eeene, and gave the corporation a right to con-
struct it ; that that right is in no way abridged by chapter 27 of the
public laws of 1895, and that it only remains for the court to find
whether the public good requires such railway to be built upon the
route described in the foregoing petition^ and upon that question we
find the facts to be as follows :
We find by the evidence of all the witnesses who testified before
us, and from our examination, the route described in said petition to
be the most feasible and convenient route upon which an electric
street railway, of the length proposed, can be constructed in said
Eeene for the best accommodation of the citizens of Eeene and the
public.
H. M. Putney,
J. G. Bellows,
E. B. S. Sanborn,
Railroad Commissioners,
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1 RAILROAD commissioners' REPORT.
To the Honorable Board of Railroad Commissioners of the State
of New Hampshire :
The Eeene Electric Railwaj Company, a corporation duly estab-
lished by law under a charter granted by the legislature of said state,
and located in the city of Eeene, respectfoUy represents that it
desires to locate its line of road for the operation of its busi-
ness in and over the following-described highways in the city of
Eeene, and town of Swanzey, to wit :
The east and west sides of Central square; Court street from
Central square to Elm street ; Washington street from Central square
to the Concord road ; Gilsam street from Washington street to Wash-
ington avenue ; West street from Central square to Park avenue ;
Park avenue from West street to Wheelock park ; the entire length
of Main street ; Swanzey road from the south end of Main street
to Factory road ; Factory road from Swanzey road to Swanzey Fac-
tory ; the highway leading from Swanzey Factory to the factory at
South Eeene ; thence over the Marlborough road to the Marlborough
street and the South Eeene road from Main street to the factory at
South Eeene.
Wherefore, said Eeene Electric Railway Company prays that the
consent and permission of said railroad commissioners may be given
to said company to locate its line in and over the highways above
described.
Eeene EiiECtbig Railway Company,
By
Elisha F. Lane,
Its President,
Batcheldrr & Faulkner,
Charles H. Hersey,
Its Counsel,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, May 4, 1896.
Upon consideration of the foregoing petition, the proposed route
of said railway having been heretofore examined by the board, and
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RAILROAD commissioners' REPORT. 11
all persons interested thereb having been heard in proceedings re-
cently had before the supreme court for the county of Cheshire, con-
sent is given to the location of said railway upon the route therein
described ; provided, howeveVy that the construction of said railway
shall not be commenced by said company until said railway shall
have been located by the mayor and aldermen of the city of Eeene
and by the selectmen of the town of Swanzey, according to law.
By order of the Board.
J. 6. Bellowb, Clerk.
A truce copy. Attest :
J. G. Bellows, Clerk.
PEMIGBWASSBT VALLEY RAILROAD
EXTENSION.
THE STATE OF NEW HAMPSHIRE.
GbAFTOK 88.
At the law term of the supreme court, holden at Concord, in our
county of Merrimack, on the first Tuesday of December, in the
year of our Lord, one thousand, eight hundred and ninety-five.
Present the Honorable Charles Doe, chief justice; Lewis W.
Clark, Isaac N. Blodgett, Alonzo P. Carpenter, William M*. Chase,
Robert M. Wallace, Frank N. Parsons, associate justices.
The petition of the Pemigewasset Valley Railroad, a corporation
duly established under the laws of said state, respectfully represents
that it desires to baild an extension or branch of its railroad, from
a point in the town of Lincoln fourteen hundred and sixty feet
northeasterly from the summer station of said corporation, in said
Lincoln, and between the rails as now laid, to a point in said town
of Lincoln, five and nine-tenths miles northerly from said first
named bound, and about one mile northerly of the Flume House.
The gauge of such extension or branch is to be four feet, eight and
one-half inches, and said extension or branch is to be built between
the termini, above described, for general railroad uses, and the
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Hi RAILROAD commissioners' REPORT.
probable cost of such extension or branch will be about fifty thoa-
sand dollars ($50,000.00).
The petitioner farther represents, that under its orig^al char^
ter, it was authorized to build such extension among others and
that, before the expiration of the time designated for such building,
it had contemplated making said extension in the near future ; that
the time limited in the charter for such building expired January 1,
1895, and that by inadvertence the petitioner overlooked such
expiration and therefore did not apply to the leg^lature of 1895,
to extend the time for such building.
Wherefore, your petitioner prays that upon proper proceedings
it may be determined whether the public good requires such pro-
posed raiboad, and that the court may cause a record of said
decision to be made, and for such other relief, orders, and decrees
as may be necessary.
The foregoing petition, having been duly filed in the office of
the clerk of said court at Haverhill, in said county, on November
19, A. D. 1895, it was ordered, That the said petitioner give notice
that the foregoing petition would be heard and considered at the
law term of the supreme court, to be held in Concord, N. H., on
the tenth day of December, 1895, at eleven o'clock in the fore-
noon, by causing a copy of this order to be published in the
Plymouth Record^ a newspaper published at Plymouth, N. H. ;
in the Littleton Courier, a newspaper published at Littleton, N. H.;
in the Iridependent Statesman and People and Patriot, newspa-
pers published in Concord, N. H., in their respective issues for the
week beginning December 2, 1895.
And at said December law term, 1895, the petitioner appears
and shows to the court, that said order has been duly complied
with.
And no sufficient objection thereto being made or appearing to
the court, it is ordered by the court, that said petition be referred
to the railroad commissioners for said state of New Hampshire.
Attest:
Dexter D. Dow, CUrk,
A true copy of record. — ^Attest :
Dexter D. Dow, Clerk,
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RAILROAD commissioners' REPORT. liii
STATE OF NEW HAMPSHIRE.
Graftok ss.
In the matter of tbe petition of the Pemigewasset Valley Rail-
road, for an extension of its road.
By leave of conrt the petitioner amends its petition as follows :
By substituting the words, From a point, in the town of Wood-
stook, in said county, indicated by an iron pin in the centre of the
track of the railroad of said petitioner, a distance of thirteen hun-
dred and ninety feet northerly, measuring on the centre of said
track, from a point opposite ihe north end of the summer passen-
ger station of said railroad, at North Woodstock ; thence northerly
about three miles through the towns of Woodstock and Lincoln, to
an] iron pin twenty feet easterly from the southeast comer of the
sawmill of Frank Hall & Co., in said Lincoln, for the following
words, now part of said petition, viz. :
From a point in the town of Lincoln, fourteen hundred and sixty
feet northeasterly from the summer station of said corporation, in
said Lincoln, and between the rails as now laid to a point in said
town of Lincoln, five and nine-tenths miles northerly from said first
named bound, and about one mile northerly of the Flume House,
so that said petition, as amended, will read as follows :
STATE OF NEW HAMPSHIRE.
Graftok ss.
To the Supreme Court :
Respectfully represents the Pemigewasset Valley Railroad, a
corporation duly established under the laws of said state, that is
desirous to build an extension or branch of its railroad from a
point in the town of Woodstock in said county, indicated by an
iron pin in the centre of the track, of the railroad of said peti-
tioner, a distanee of thirteen hundred and ninety feet northerly,
measuring on the centre of said track, from a point opposite the
north end of the summer passenger station of said railroad, at
North Woodstock ; thence, northerly about three miles through
the towns of Woodstock and Lincoln, to an iron pin twenty feet
easterly from the southeast comer of the sawmill of Frank Hall
& Co., in said Lincoln.
The gauge of such extension or branch is to be four feet, eight
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liv RAILROAD COMMISSIONERS' REPORT.
and one-half inches, and said extension or branch is to be built
between the termini, above described, for general railroad nses,
and the probable cost of such extension or branch will be about fifty
thousand dollars.
The petitioner further represents that under its original charter,
it was authorized to build such extension among others and that
before the expiration of the time limited for such building, it had
contemplated making said extension in the near future ; that the
time limited in the charter for such building expired January 1,
1895, and that by inadvertence, the petitioner overlooked such
expiration, and therefore did not apply to the legislature of 1895,
to extend the time for such building.
Wherefore, your petitioner prays that, upon proper proceed-
ings, it may be determined whether the public good requires such
proposed railroad, and that the court may cause a record of said
decision to be made, and for such other relief, orders, and decrees
as may be necessary.
Dated November 27, 1895.
Pemioewassbt Valley Railroad,
By
B. A. Kimball,
President,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners.
Grafton ss.
To the Supreme Court :
The Board of Railroad Commissioners, to whom the foregoing
petition, as amended, was referred, after due notice to all persons
interested, as appears by the order of notice and certificates of
service herewith returned, met the parties at the Pemigewasset
House in Plymouth, in said Grafton, on the thirteenth day of
February, A. D., 1896, at two o'clock in the afternoon, and the said
• petitioner, appearing by Hon. F. S. Streeter and John M. Mitchell,
its counsel, and several citizens interested in the proposed exten-
sion being present, proceeded to hear all the evidence and argu-
ments there presented, and upon proper cause shown, the hearing
was continued from time to time, to the twenty-third day of Sep-
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RAILROAD commissioners' REPORT. Iv
tember, A. D., 1896, at eleven o'clock in the forenoon, at the office
of the board, in Concord, at which adjourned hearing the petitioner
appearing by its counsel aforesaid, and the New Hampshire For^
estry Commission, by George H. Moses, their secretary, and such
further evidence and arguments as were presented, were fully heard.
And upon consideration the board find and report the facts as
follows :
The extension asked for by the petitioner, under the petition as
amended, contemplates the building of a railroad from the present
terminus of the Pemigewasset Valley Railroad, in North Wood-
stock, up the Pemigewasset Valley, to a point in the town of Lin-
coln, near the mill of Frank Hall & Co., a distance of about three
miles.
The board find the proposed extension would greatly facilitate
the operation of large sawmills situated near its route. That the
amount of lumber produced by these mills is very considerable,
about twenty-five million feet per annum, and that now all of their
product is transported by teams over the highway leading from
North Woodstock through the Franconia Notch to the station at
the terminus of the Pemigewasset Valley Railroad.
No objection was made by any persons living in the vicinity of
the construction of the extension.
The request for finding of certain facts made by the New Hamp-
shire Forestry Commission through Mr. Moses, their secretary, is
hereto annexed, marked [A].
In conclusion, the board find that the public good requires the
construction of the proposed extension upon the route described
from the point begun at, so far as the petitioner now proposes to
build the same.
Henrt M. Putney,
J. 6. Bellows,
E. B. S. Sanborn,
New Hampshire Railroad Commissioners.
To the Railroad Commissioners of New Hampshire:
The New Hampshire Forestry Commission appears by its secre-
tary, George H. Moses, and requests the Railroad Commissioners,
sitting as referees on the petition of the Concord & Montreal Rail-
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Ivi RAILROAD COMMISSIONERS' REPORT.
road Company for leave to extend its Pemigewasset Valley branch
to a point one mile north of the Flume House in the Franconia
valley, to find the following facts :
That the proposed extension is to be used almost exclusively for
the transportation of forest products, and that the territory from
which these forest products can be drawn is limited in area.
That the completion of the proposed extension will both facilitate
and expedite the denudation of the forest cover in a locality where
the preservation of the forest growth is a matter of great impor-
tance to the maintenance of the equable supply of water in the
Merrimack river system, because of the geographical relation of the
valley to that system, and because of the topography of the valley
itself, it being a long and narrow valley, with precipitous sides
heavily wooded to *the crest of the hills on either side, thereby
heightening the danger which would follow from extensive and
rapid denudation.
That the legislature of the state has taken action through vari-
ous acts and resolves, namely : Chapter 117, Ltaws of 1881 ; chap-
ter 161, Laws of 1883 ; chapter 152, Laws of 1889 ; chapter 101,
Laws of 1891 ; chapter 44, Laws of 1893, looking toward the pres-
ervation of the forest cover in that portion of the state in which the
proposed extension is to be located, thb action having been taken
with the express purpose of subserving the public good by the pres-
ervation of that cover, the removal of which would be bDth facili-
tated and expedited by the proposed extension.
Gkorge H. Moses,
Secretary New Hampshire Forestry Commission.
Concord, N. H., September 26, 1896.
LOCATION OF BRIDGE GUARDS.
Concord, N. H., February 24, 1896.
To Oeorge F. Evans, Assistant General Manager Boston and
Maine Railroad Company, Boston, Mass. :
Dear Sir — In reply to your favor of the twenty-first instant,
relating to bridge guards, I send you by express the Reports of this
Board for 1893 and 1894. On pages thirty-four and thirty-five, of
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RAILROAD commissioners' REPORT. Ivii
the Report for 1893, you will find the order of the Board. On
page forty-six, of the Report for 1894, you will find a modification
of the order of 1893, and the modification of the same made in
1895, as yet unpublished, will be sent you as speedily as possible.
In reply to your farther question, from what point of the bridge
or tttructure the measurements should be made, I am directed, by
the Board, to instruct you that bridge guards should be placed so
as to be 150 feet from the nearest point of the bridge or structure
to be protected.
Yours respectfully,
J. 6. Bellows, Clerk.
BRIDGE GUARDS AT EAST CONCORD.
Boston and Maine Rau^eoad,
White Mountain Division,
Suferintendent's Office,
WooDsviLLE, N. H., April 25, 1896.
Mr, Henry M, Putney^ CJiairvuin Board of Railroad Commis-
sioners, Manchester, N. H. :
Dbab Sm. — On account of a washout near our East Concord
culvert, it is impossible to set a telltale at exactly 150 feet from the
bridge. The best we can do is to set it at 132 feet from the bridge,
or somewhere at 160 or 170 feet.
With the consent of your Board, we would like to set the tell-
tale 132 feet from the bridge, temporarily, until we can get the
washout repaired.
Yours truly,
G. E. CUMMINOS,
Superintendent.
STATE OF NEW HAMPSHIRE.
In Board of Railboad CosfMissiONEss,
Concord, N. H., April 27, 1896.
Upon consideration of the foregoing petition, permission is
granted to place the tell-tale at the bridge therein described, 132
5
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Iviii RAILROAD COMMISSIONERS' REPORT.
feet from the north end thereof, until such time as said washoat is
repaired, when said tell-tale must be placed 160 feet from the north
end of said bridge, as heretofore.
By order of the Board.
J. 6. Bellows, Clerk.
CROSSING AT ALLENSTOWN.
State of New Hampshibe.
To the Board of Railroad Commissioners :
The Concord & Montreal Railroad, having received, on the
ninth day of April, 1895, a copy of vote said to have been passed
at the last annual meeting of the town of AUenstown, requiring the
corporation to erect and maintain gates across the highway or sta-
tion a flagman where Main street crosses the Suncook Valley
Railroad, near the Catholic church, and also to erect and maintain
gates across the highway, or to station a flagman on Depot street,
where the street is crossed by the Suncook Valley and Concord A
Montreal railroads near China Mill, (a copy of said vote being
hereto annexed), hereby petitions the Board of Railroad Com-
missioners for an examination of the said crossings, and a decision
of the question whether the public good requires the change pro-
posed, or any other change to be made, and respectfully prays the
Board, after notice and hearing, and after examining the crossings,
to make such orders in respect thereto as they adjudge the public
good requires.
Concord, N. H., May 3, 1895.
By its solicitor,
Frank S. Streeter.
STATE OF NEW HAMPSHIRE.
In Boari> of Railroad Commissionrrs.
Concord, December 14, 1896.
The foregoing petition having been filed in the office of the board,
May 4, 1895, the board met the parties at the railroad station at
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RAILROAD commissioners' REPORT. lix
Suncook, in said Allenstown^ on ihe eighteenth of July, 1895, at 1 1
o'clock A. M., agreeably to notice issued on said petition, and the
petitioner appearing by its connsel and proper officials, and the said
town of Allenstown by its connsel and selectmen, proceeded to hear
all the eyidence and arguments presented, and upon proper cause
shown and with the mutual consent of the parties, the hearing was
continued from time to time to the day of the date hereof.
Upon full consideration by the board, it appearing that the cross-
ing on Depot street, described in said petition, is not the crossing of
a public highway over said railroad, but of a private street or way, they
find that said town cannot by its vote lawfully order said railroad to
maintain gates or to station a flagman there, and they further find
the public safety does not now require said railroad to maintain gates
or to station a flagman at said crossing.
The board also find that the public safety does not require said
railroad to maintain gates or to station a flagman at the Main street
crossing near the Catholic church, described in said petition, as said
town has ordered said railroad by its vote to do. The board do
find, however, that by reason of the considerable travel over said
Main street crossing, and for the safety of the children attending the
large parochial school, situate on the east side of the railroad track,
very near to said crossing, that there is need of efficient protection at
said crossing.
The board therefore orders said petitioning railroad to cause every
locomotive passing over said railroad, whether drawing a train or
not, to come to a full stop before crossing said Main street, at a point
not more than one hundred and fifty feet from the centre of said
street, and then to proceed slowly over said crossing, except
when backing, in which case the full stop shall be made as above, so
that the rear of the locomotive or of the train attached shall not
be more than one hundred and fifty feet from the centre of said
street when the stop is made. This order will remain in force until
changed or modified by the board.
By order of the Board.
J. 6. Bellows, Clerk.
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Ix RAILROAD COMMISSIONERS' REPORT.
STREET RAILWAY CROSSING IN NASHUA.
To the Board of Railroad Commisaioners for the State of New
Hampshire :
Respectfally represents the Nashua Street Railway that they are
obliged to lay their tracks for an electric construction across the
steam railroad tracks of the Nashua, Acton & Boston Railroad,
now occupied and used by the Boston & Maine Railroad, on AUds
street in Nashua, N. H. Also across the tracks of the Worcester,
Nashua & Rochester Railroad on HoUis street, in said Nashua, where
the same crosses HoUis street as a side-track into the yard of the
Nashua Iron and Steel Company, and both said crossings are made
at grade. Wherefore, they pray for your consent in writing for
crossing said tracks.
Dated at Nashua, this 7th day of May, A. D. 1896.
Nashua Street Railway,
John D. Chandler, President.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners.
Concord, May 11, 1896.
The Board of Railroad Commissioners hereby consent to the
Nashua Street Railway crossing at grade the tracks of the Nashua,
Acton & Boston Railroad, now operated by the Boston & Maine
Railroad Company, at Allds street in the city of Nashua, and also to
said Street liailway crossing at grade the tracks of the Worcester,
Nashua & Rochester Railroad, also operated by said Boston & Maine
Railroad Company, on Hollis street in said Nashua, agreeably to the
petition of said Street Railway Company : Said crossings are to be
protected by said Boston & Maine Railroad Company in the same
manner, and to the same extent, as the crossings now in use in said
Nashua of said Street Railway over said Boston & Maine Railroad ^
until the board shall determine what additional safeguards are needed
on the crossings aforesaid, and shall apportion the expense.
By order of the board.
J. G. Bellows, Clerk.
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RAILROAD commissioners' REPORT. Ixi
LAND DAMAGE AT CONCORD.
Upon the petition of the Concord & Montreal Railroad, dated
April 4, 1896, the railroad commissioners and the mayor and alder-
men of Concord as a joint board, on the 25th day of May, 1896,
appraised the value of certain land belonging to the Rolf e and Rmn-
f ord Asylum and taken by said railroad for side-tracks, shops, and
other buildings, at $1,800, and made report of the appraisal, as re-
quired by law, to the secretary of state, and the city clerk of Concord.
BRIDGE AT QUINCY.
State op New Hampshire.
Ik Board of Railroad Commissioners.
Concord, August 12, 1896.
The Boston & Maine Railroad having shown to the board that
bridge No. 262, which is an overpass about one mile north of Quincy
station, should be reconstructed, that it is impracticable to comply
with the statutory requirement that new bridges shall not be less than
twenty-one feet in the clear, and that the town strenuously objects
to raising the overpass and thereby increasing the grade of the ap-
proaches thereto more than is necessary in order to make it eighteen
feet, six inches in the clear, said Boston & Maine Railroad is hereby
authorized to reconstruct said bridge, making it eighteen feet, six
inches between the top of the rails and the lowest part of the over-
pass.
By order of the board.
J. G. Bellows, Clerk,
FAIRMOUNT STREET BRIDGE IN NASHUA.
To the Honorable Board of Railroad Commissioners:
Respectfully represent the subscribers, that they own real estate
in the vicinity of Fairmount street in Nashua ; that they are inter-
ested in the widening and straightening of said street at the bridge
crossing the Wilton railroad, and that a petition for that purpose,
of which the annexed paper is a copy, numerously signed by tax-
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Ixii RAILROAD COMMISSIONERS' REPORT.
payers, is now pending before the city government of Nashua.
That said bridge is only half a mile from the city hall, and was
built twenty feet wide for a farm road, long before said street was
laid oat, twenty-five years ago. That the Boston & Maine Rail-
road Company has began to tear down said bridge, and is exca-
vating luid preparing to baild another, in the same coarse and
locality, and only thirty feet wide. That said street is laid oat fifty
feet wide, in nearly a straight line for more than half a mile in a
westerly direction from said bridge, and has several handsome resi-
dences, and many eligible and valaable bailding sites, to which said
bridge famishes the approach. That if the prayer of the petition-
ers in the annexed petition to the city government of Nashaa is
finally granted, the location of the bridge will be considerably
varied to conform to the general course of said street.
Wherefore, they pray that said bridge crossing the Wilton rail-
road may be made to conform in width to the width of the street,
and that the Boston and Af aine Railroad Company may be directed
to proceed no farther with the bailding of a new bridge at the said
crossing until its location, and that of the street, shall have been
finally determined.
H. B. Athsrton,
6. H. BuRBAios:,
E. C. ViCKBRY,
Bradford Allen,
Mart F. Allen,
W. H. Cheever,
Maud A. Griswold.
Dated May 22, 1896.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners.
Concord, November 9, 1896.
The Board having met the parties at the city hall in said Nashua,
on the seventh day of July, 1896, at 9 o'clock, a. m., agreeably to
the foregoing notice, and the petitioners appearing by H. B. Ather^
ton, the first petitioner, and the Boston & Maine Railroad by its
proper officials, and the mayor of said Nashaa being also present,
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RAILROAD commissioners' REPORT. Ixili
and the hearing having been adjourned from time to tune for
proper canse : It appearing that the city of Nashua has refused to
straighten the highway described in the petition, and that the
Boston Sg Ifaine Raikoad has constructed a proper overhead
bridge on the line of the highway as laid out and used, no further
action was taken upon said petition.
By order of the Board.
J. 6. Bellows, Clerk.
MANCHESTER STREET RAILWAY STOCK.
To the Honorable Railroad Commissioners of New Hampshire :
Respectfully represents the Manchester Street Railway, that on
the twenty-sixth day of November, 1895, it presented to your Hon-
orable Board its petition, praying for authority to issue new stock
for the purpose of extending its railway lines, and enlarging its
facilities for affording to the public needed facilities for transporta-
tion, but in granting the prayer of said petitioners, the object for
which the proceeds of such new stock can be used are specified, and
do not cover the paving of the then existing track, seven miles of
which have since been ordered by the city government to be paved.
Wherefore, your petitioner prays that said order may be so modi-
fied as to allow the use of so much of the proceeds of the said new
stock as may be necessary for that purpose, and to apply any bal-
ance of any of the other items named that may not be needed for
the purpose specified, to any other new construction the directors
of said Railroad may deem advisable.
Manghbstbb Street Railway,
By
Charles Williams, Fresident.
June 29, 1896.
STATE OF NEW HAMPSHIRE.
In Board of Railboad Commissioxers.
Concord, June 30, 1896.
Upon consideration of the foregoing petition, notice being deemed
unnecessary, it is ordered that paragraph 2 of an offer made by
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Ixiy RAILROAD COHMISSIONERS' REPORT.
the board upon petition of said Manchester Street Railway, dated
Janaary 3, 1896, be modified by adding to the end thereof the
words ^'and to complete the construction of its existing tracks,"
making said paragraph as modified read as follows: 2. Capital
stock not to exceed $60,000 to construct four additional miles of
track, wire, and poles, and to complete the construction of its exist-
ing tracks.
By order of the Board.
J. G. Bellows, Clerk.
DISCONTINUANCE OF STREET RAILWAY IN
NASHUA.
To the Board of Railroad Commissioners of the State of New
Hampshire :
The Nashua Street Railway hereby makes application to your
Board for authority for it to discontinue the operation of its street
railway on Commercial street for the present and for such time as
you may deem expedient ; also tiiat portion of its street railway
situated on West Hollis and Hanover streets, in said Nashua, as
the same cannot be operated without loss to the company.
Nashua Street Railway,
John D. Chandler,
President,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners.
Concord, July 7, 1896.
In the matter of the petition of the Nashua Street Railway, for
authority to discontinue the operation of its railway on Commercial
street, and on West Hollis and Hanover streets.
Due and sufficient notice thereof having been given, a hearing
was had on said petition, at the city haU, in said Nashua, on the
sixth day of July instant, at nine o'clock in the forenoon, at which
said hearing said petitioning corporation appeared by its proper
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RAILROAD commissioners' RRPORT. IXT
officials and by Greorge B. French, Esq., its coansel, and presented
its evidence, statements and arguments before the Board, and it
appearing, that by reason of certain additional locations of its rail-
way, made by the city of Nashua, that the operation of said rail-
way on Commercial street, and on West Hollis and Hanover
streets has become unnecessary for the public accommodation and
cannot be carried on without loss to the company, and no objection
being made : It is ordered, that the operation of said railway, on
the streets aforesaid, may be temporarily discontinued.
By order of the Board.
J. G. Bellows, Clerk,
PASSENGER STATION AT KEENE.
To the Board of Railroad Commissioners :
Respectfully represent the undersigned, citizens of Eeene, in the
county of Cheshire, that the public good requires Uie construction
of a union raihroad station in said Keene.
Wherefore, they pray your honorable board to cause the present
station to be discontinued, and a new union station to be erected
instead thereof.
Eeene, N. H., August 25, 1896.
Signed,
George B. Twitchell, and 245 others.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, December 21, 1896.
The foregoing petition of George B. Twitchell and 245 other
citizens of Eeene, asking the board to cause the present passenger
station at Eeene to be discontinued and a new union station to be
erected instead thereof, having been presented to the board, upon
due notice, a hearing was had thereon at the supreme court room at
Eeene on November 23, 1896, at 12 o'clock noon, and upon proper
cause shown, said hearing was continued to December 15, 1896,
at the same place at 1 : 30 o'clock p. m.
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Ixvi RAILROAD COMMISSIONERS* REPORT.
At said hearing and adjournment, the Fitchbarg Railroad Com-
pany and the Boston & Maine Railroad Company appeared by
their counsel and proper officials, and the petitioners by the first
petitioner. Dr. Oeorge B. Twitchell. Other petitioners were also
present, bat took no part in the hearing. No evidence was pre-
sented by any of the parties other than the arguments which were
fully heard, and a view of the present station and its surroundings
was had by the board.
The petition asks the board to compel two railroad corporations
to erect upon land owned by one of them a union passenger station,
to which they are both opposed. In order to do this, we must take
from one the use of land which belongs to it, for the benefit of
the other, determine the character of the structure, procure the
plans, supervise the details, apportion the cost of construction and
maintenance, and fix the terms of the joint occupancy, all of which,
acts are beyond our power. Union stations can only be established
in this state by the voluntary, mutual action and agreement of the
railroads erecting them. The petition, therefore, so far as any
formal action of the board is concerned, must be dismissed.
Notwithstanding the board has not the power to make the order
asked for in the petition, it may be well to examine with some care
the facts presented to them and to make such suggestions as seem
pertinent, because a petition so largely signed by gentlemen repre-
senting much of the intelligence, business enterprise, and wealth of
the city of Keene, should not be summarily dismissed by a tri-
bunal which is intended as an intermediary between the people and
the railroads, without some suggestion as to how the real merits of
the case appear to the board, although they could not give the
order asked for even if they were convinced that the petitioners
were right.
The present passenger station at Keene and a considerable tract
of land adjoining it are owned by the Fitchburg Railroad Com-
pany, who permit the Boston & Maine Railroad Company to occupy
it jointly with them, under a contract the precise terms of which
did not appear. The station was built about the time the Cheshire
railroad was constructed, in 1846 or 1847, and so far as its exterior
is concerned, remains unchanged to-day. Although without archi-
tectural beauty, it was a fine building for its day, large, commo-
dious, and convenient, and then probably considered in advance of
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RAILROAD COHBnSSIONERS' REPORT. Ixvii
ihe needs of Keene, at that time a yillage. It stands with its eastern
end abutting on the wide and attractive Main street of the city. A
train house with two tracks permits the passage of trains through it
and shelters passengers from the weather. At each end are arches
about seventeen feet high, and in the interior, about sixty feet from
the eastern end, a similar arch. These arches at the eastern end
support a second story, in which were formerly the o£Gices and head-
quarters of the Cheshire railroad. On the north side of the lower
story, a one-story addition, built out from the main building, contains
the waiting-rooms, baggage and express rooms, telegraph office, and
water-closets. From the west end of the station, a long train shed
has recently been constructed, enabling the trains to leave and take
passengers without encroaching upon Main street, as they were
often compelled to do before this shed was built. The building,
although strong and massive, is old and dingy and a blot upon a
street where the general character of the other buildings is so good.
The upper story of the building is not now in use, as there has
been no occasion for its offices since the Fitchburg came into con-
trol of the Cheshire railroad, but that part in use is kept clean and
tidy, the waiting-rooms are comfortable and large enough for the
accommodation of the patrons of the road, the platforms are in
good order, and the wateiMslosets are well cared for.
It was claimed by the petitioners that because the building had
been so long in use, the ground on which it stands had become
so saturated with the discharge from former closets and sinks that
at times it was filled with foul odors, and that its condition was
unsanitary. Such was not the case at the time of our examination,
but considering the history of the building, it may be true.
Taking the station, however, as it appeared to the board, they
must find, so far as its appearance and the comfort of travelers is
concerned, that it compares favorably with the stations at Manches-
ter, Nashua, Portsmouth, Dover, Rochester, and Claremont.
There are, however, some considerations that, aside from the
ugliness of the building and the dinginess and mustiness of age,
make the caU for a new station one that probably must be met
within a reasonable time.
The present station stands at the lowest point on Main street.
As time has gone on and new buildings have been erected on that
street, the grade of it has been gradually raised, until now the rail-
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Ixviii RAILROAD COMMISSIONERS* REPORT.
road tracks, which were formerly on a level with the street grade,
are now at the station ahout two feet below it, making a bad
depression, through which all the travel of Main street most pass.
This condition cannot very long exist, and eventually the tracks
across the street must be considerably raised, and this cannot be
done, owing to the arches of the building, without raising it, a
thing that, in our judgment, will never be done.
These arches are a constant menace and danger to the freight
trainmen. There are, as has been said, one at each end and one in
the interior of the station, which is about two hundred feet in
length.
It was claimed by the petitioners that several accidents had
occurred from these low arches, but this was denied by the counsel
for the Fitchburg. No evidence of any accident was laid before
us, but it would seem impossible that none has happened in a
building that is as dangerous as any covered bridge of the same
height over tracks in constant and frequent use.
The Fitchburg railroad contended that the present station is
adequate for the business done there and comfortable for the use of
passengers, that it is not in an unsanitary condition, that it should
not be compelled to build a new structure because the present one is
displeasing to the aesthetic taste of the citizens of Eeene, and, most
of all, because under present business conditions it should not
be compelled to expend money for any improvements not actually
necessary. The Boston & Maine railroad fully coincided with the
position of the Fitchburg, but said that whenever the proper time
came, that it was willing to cooperate with the Fitchburg in build-
ing a new station.
The board fully recognize the fact that until business conditions
have greatly improved, railroads should not be called upon to make
any improvements not absolutely necessary, and admit that the
present station fairly accommodates the needs of the public, but
they feel that, owing to the necessity of raising the tracks over
Main street to accommodate its present grade and to get rid of
the dangerous arches of the present station it will not be very
long before the railroads must g^ve Keene a new station, located, as
the general wish of the citizens seems to be, considerably west of
the present one, built on the modern plan without a covered train
shed, but with suitable canopies. The tracks can then be raised to
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RAILROAD commissioners' REPORT. Ixix
the grade of Main street, the f oar tracks now crossing the street be
brooght nearer together and perhaps redoced in number, and the.
safety of that important crossing promoted.
The construction of a new station sufficient for the needs of
Keene, aside from the bind which the Fitchburg already owns,
would not require a large expenditure of money. Railroad stations
are for use and not for show. Bright, airy, and comfortable
waiting-rooms of sufficient size, suitable accommodations for con-
duct of the business, and water-closets with the best sanitary
arrangements, are the essentials. If future stations were put up
that could, without too much expense, be torn down and rebuilt
after twenty-fire or thirty years' use, should changed conditions
require a new structure, it might be better for the railroads and the
public.
By order of the Board.
J. G. Bellows, Clerk,
MODIFICATION OF CROSSING RULE.
Rochester, N. H., December 31, 1896.
Hon. Henry M. Putney, Chairman Railroad Commission ers,
Manchester, N. H :
Dear Sir, — ^The Union Street Railroad of Dover, recently sold
to Mr. Wallace and associates, are about making a change in this :
They take off during the winter months, the conductor, and put up
boxes at each end of the car for the deposit of fares, change to be
made by the motorman. At the crossing, which is at grade over the
Boston & Maine, it has been the regulation of the Union Street Rail-
road to come to a stop, and the conductor of the Union Street to walk
over the track of the Boston & Maine ahead of his car, and then
the car to stop, he get on and ring the bell for it to start again.
What we wish to bring to the attention of the commissioners in
asking for a modification of this rule is for the motorman to stop
the car at least ten feet from the track of the Boston & Maine, and
then after looking in both directions, if there is no signal given by
the Boston & Maine road, which is done by an electric bell, then
he may pass over, holding the car in complete control.
I do not know what authority there may be in the law for you to
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IXX RAILROAD COICKISSIONERS' REPORT.
grant the modification which Mr. Wallace wishes, bat I think there
must be some provision so that the board can act in regard to it, and
you may consider this an application from the proprietors of the
Union Street Railroad for the change I have suggested. Mr. Wal-
lace would like to have early action on the part of the board.
Yours very truly,
Union Street Railroad,
By
Worcester, Gafnet A Snow, Attorneys.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Ck)MMi8SiONERS.
Concord, January 4, 1897.
The Union Street Railway of Dover, having decided to dispense
with conductors during the winter months, and having petitioned
this board for a modification of the orders, rules and regulations
relating to the crossing of steam railway tracks by the street-cars,
so that said Union Street Railway can comply with them without
the employment of conductors, said rules, orders, regulations, are
hereby modified in respect to said railway for four months from date
so that it shall be deemed a compliance with them if when electric
cars approach the tracks of the Boston & Maine in Dover, the
motormen bring the cars to a stop at least ten feet from the Boston
& Maine track and then, after looking in both directions, if the elec-
tric bell signal of the Boston & Maine which signifies that a train is
approaching, is not given, proceed slowly over the crossing, keeping
the cars in perfect control.
By order of the Board.
J. G. Bellows, Clerk.
PROTECTION OF CROSSING AT BRIDGEWATER.
To the Board of Railroad Commissioners :
The Boston & Maine Railroad, the lessee of the Concord & Mon-
treal Railroad, hereby respectfully represent that the town of Bridge-
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RAILROAD COMICISSIONERS' REPORT. Ixxi
water, in tJie county of Grafton, at its annual meeting holden on
March 10, 1896, passed a vote, a copy of which is as follows :
Voted^ That the selectmen be instructed to have the railroad
establish a flagman at Bridgewater crossing, aud also instruct them
to ask the railroad to establish a regular passenger and freight sta-
tion there.
And, on June 8, 1896, C. H. Marston, first selectman of said town
of Bridgewater, notified said Boston & Maine Railroad of the pas-
sage of said vote, by enclosing a copy thereof in a letter to the
president of said corporation.
And said corporation hereby applies to your board for an exam-
ination of said crossing, and a decision of the question whether the
public good requires the change proposed, or any other change, to
be made.
June 17, 1896.
The Boston & Maine Railroad,
By
John M. Mitchell, 1*5 Attorney,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Ck)MMissiONERS,
Concord, June 30, 1896.
The foregoing petition having been duly filed in the office of the
board, on the 18th day of June instant, a hearing will be had
thereon, at the Bridgewater crossing, in said Bridgewater, therein
named, on the tenth day of August next, at one o'clock in the after-
noon, when and where all persons interested may appear and be
heard if they see cause. And it is ordered that said petitioner
give notice of said petition and hearing by causing a copy of said
petition and of this order thereon to be given in hand or left at the
usual place of abode of the town clerk of said Bridgewater, and one
of the selectman of said town, fourteen days at least before said day
of hearing, and by causing like copies of said petition and order to
be posted in two public places in said Bridgewater ten days at least
before said day of hearing,
J. 6. Bellows, Clerk.
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Ixxii RAILROAD COMMISSIONERS* REPORT.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners.
December 31, 1896.
A hearing upon the foregoing petition was held, after due notice, at
the Bridgewater crossing in said Bridgewater, on the tenth day of
August, 1896, at one o'clock p. m., and said town and railroad ap-
pearing by their counsel, all evidence and arguments presented were
fully heard and considered. It appeared that the crossing could be
greatly improved by removing certain trees and mounds that ob-
structed the view, and this having been done to the satisfaction of
the people of the town, is deemed by the board to afford adequate
protection ; and, therefore, the board find that the public safety does
not require said railroad to station a flagman at said crossing as re-
quired by the vote of the town. The selectmen and other citizens
of the town having filed another petition with the board, asking that
said railroad be required to erect and establish a station near said
crossing, no action is taken by the board, at this time, on so much
of the vote of said town as relates thereto.
By order of the Board.
J. O. Bellows, Clerk,
PICKERING CROSSING AT GREENLAND.
To the Board of Railroad Cominissioners of the State of New
Hampshire :
John B. Pickering, of Greenland, in our county of Rockingham,
respecfully represents that he is the owner of land lying upon the
northerly side of the Concord & Portsmouth Railroad, in said
Greenland, where his dwelling-house stands ; that said land and
dwelling-house have no means of access to the public highway
except a farm crossing over said railroad, and said farm crossing is
the first crossing over said railroad easterly from the^Stratham sta-
tion of said railroad ; that said railroad is now operated by the
Boston & Maine Raiboad ; that said Boston & Maine Railroad
has filled up the culverts or cattle-guards on each side of said cros-
sing, and is aboat to erect gates upon each side of said railroad
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RAiLBOAD commissioners' beport. Izxiii
acrofls and over said crossing, and insists that snch gates be main-
tained ; and that your petitioner objects to such gates, and he and
said Boston & Maine Railroad cannot agree upon the manner in
which said crossing shall be used, and they do not agree as to the
mode of maintaining cattle-guards at said crossing.
Wherefore, your petitioner prays that you will hear the parties,
and examine said crossing and the matter in regard to which the
parties are not agreed, and will determine whether said gates shall
be erected and maintained, and what cattle-guards shall be con-
stracted at said crossing, and how they shall be maintained.
John B. Pickering,
By his Attorney^
Calvin Page.
Dated July 28, 1896.
Portsmouth, N. H., January 6, 1897.
Hon. J. O. Bellows, Clerk New Hampshire Railroad Commision:
Dear Sir. — ^I am in receipt of your letter of yesterday, relating
to petition of John B. Pickering for a crossing at Riverside, Green-
land, over the Concord & Portsmouth Railroad.
I have spoken with Mr« Streeter several times since the hearing
regarding it, and as I understand the way we left the matter, it
was thus:
Mr. Pickering objected to the erection of any gates across the
lane or road in question, but if he was obliged to have one by law
it would be more convenient to him to have it located at the upper
end of the lane against the pasture, and not down the lane near tiie
railroad, and if the railroad commissioners decided that they had
authority to make an order requiring gates there, they should make
an order to the effect above stated.
But yon will remember that Mr. Pickering claims that this cros-
sing is a highway, and has been there a hundred years, and always
unobstructed as you saw it, and that it has always been safe until
1895 for the railroad, while they had culverts on each side of the
eroflsing under their rails, so that it was impossible for cattle to get
out of the road upon the nulroad. But in the autumn of 1895, the
raiLraad fiUed in these culverts, and put some sort of pieces of tim-
6
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Izxiv RAILROAD COMMISSIONERS* REPORT.
ber there, which yon saw. So that, if the crossing is not now sale,
it has been made unsafe by the act of the railroad. And Mr. Pick-
ering claims that nobody has any authority to encumber that road
with a gate, and nobody could compel the closing of it
This is all we have to say upon the matter, and I do not think
any further hearing is necessary. I myself am unable to say
whether an order of the railroad commissioners would be of any
Talue, or binding force upon anybody.
Yours truly,
Calvin Page.
STATE OF NEW HAMPSfflRE.
In Board of Railroad Commissioners,
Concord, N. H., January 11, 1897.
Due notice having been given, a hearing was had upon the fore-
going petition, at the Bayside railway station, in said Greenland, on
the fifteenth day of September, 1896, at one o'clock p. m., at which
time and place the petitioner appeared by Calvin Page, Esq., his
counsel, and the Boston & Maine Railroad Company by F. S.
Streeter, E^q., their counsel, and the evidence and argruments of
the parties were fully heard, and a view of the crossing and its sur-
roundings had.
It appearing that the crossing in question is over an existing
highway, as is claimed by the petitioner's counsel in his letter above
of January 6, 1897, the board find that they have no power to
order such highway to be obstructed by gates, unless such protec-
tion be voted by the town of Greenland, and an appeal to the
board be taken from its vote.
An inspection of the crossing showed it to be adequately pro-
tected by wooden cattle-gaards, of the kind hitherto in general use,
and approved by the board, and that no reason exists for ordering
the stone culverts or cattle-guards taken out by the railroad to be
replaced.
The petition therefore is dismissed.
By order of the Board.
J. G. Bellows, CUrk.
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FATAL ACCIDENTS.
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DECISIONS AND REPORTS.
Death of Napoleon B. Seace.
STATE OF NEW HAMPSHIRE.
In Boabd of Railboad Commissionebs,
CoHCOBD, January 28, 1896.
Investigatioii at Concord, January 20, 1896.
Mr. James W. Remick appeared for the heirs of Mr. Seace, and Mr.
John H. Brown appeared for the railroad.
Witnesses: Levi C. Wood, general agent, West Lebanon; Bert Blood,
conductor, Concord; and Jeremiah F. Burke, brakeman, Lebanon.
In going from Lebanon to West Lebanon the tracks of the Concord
division of the Boston & Maine Railroad are laid under a highway
overpass known as Hubbard^s bridge, which is twenty feet in the clear
above the rails, and about one hundred and twenty-three feet further
west the road runs over the Mascoma river through a covered bridge,
which is seventeen feet, seven and a half inches in the clear above the
rails. Between these bridges, about five feet from the overpass and
one hundred and eighteen feet from the covered bridge, telltales are
placed to warn trainmen against the latter, this location having been
approved by the commissioners because it was impossible, on account
of the overpass, to find one which would better serve the purpose.
A freight train consisting of thirty cars and a buggy, which left Con-
cord that morning, reached Lebanon at about 6: 50 o'clock Sunday,
December 1, 1895. Its crew was composed of E. B. Leighton, engi-
neer; B. Walker, fireman; Bert Blood, conductor; and Jerry Burke,
E. C. Harris, and N. B. Seace, brakemen. The conductor and brake-
men were regular employes upon the Clare mont branch, and were
transferred to this train for one trip only, there being a lack of men
on the main line; but all except Mr. Seace had worked upon the road
to Lebanon, and were more or less familiar with it. His only experi-
ence as a railroad man was upon other roads, and he knew nothing of
the grades or bridges upon this. For that reason. Conductor Blood
assigned Seace to duty at the rear of the train, where there was gen-
erally little to do, and from Canaan to East Lebanon the two men and
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IxXViii RAILROAD COMMISSIONERS' REPORT.
Brakeman Harris rode in the bnggy. At East Lebanon, Blood sent
Harris out to the middle of the train to help brake it down to White
River Junction, and directed Seace to stay on the rear, at the same
time telling them to look out for some very low bridges that were
ahead. As Seace went out of the buggy ^^^ upon the top of the car
next to it. Blood called his attention to the fact that the brakemen
were holding the train all right, and told him to do nothing unless he
was signalled from the engine. Soon after passing tlie Hubbard high-
way bridge, the conductor put on his overcoat, and was about to leave
the monitor lookout, when he saw that the buggy and the car next to
it had broken away from the rest of the train, and passing out upon
the buggy platform, he climbed to the top of the next car and found
there the dead body of Seace, who had been instantly killed by com-
ing in contact with the covered bridge just beyond Hubbard^s. The
detached cars followed the others and the engine to West Lebanon,
where the two sections were recoupled and the body was properly
cared for.
Ne one witnessed the accident, but the character of the wounds of
the victim, which were upon his head, and the marks upon the bridge,
make it certain that he was struck as he stood upon the car where
Blood last saw him alive, which was a refrigerator, thirteen feet high,
or within four feet and eight inches as high as the bridge. Beyond
this, all is conjecture, but it is reasonable to suppose that, being un-
acquainted with the character and location of the two bridges, he
stooped as he went under the overpass, which was twenty feet above
the rails, thinking it might not be high enough to clear him, and did
not rise until he had passed under this and the telltales near by it,
when he was carried against the timbers of the covered bridge with-
out any warning. As it was a clear morning and the engine was work-
ing no steam to obscure the view, the probability is that he stood fac-
ing the rear of the train. The telltales were in perfect order, and the
train was running as usual. It does not appear that the breaking
apart of the train had anything to do with the accident, but it may
have diverted the attention of Seace from the bridges. He was at his
post of duty, and there is no evidence that he was careless. His death
is chargeable to the covered bridge, which, while it is not concealed
by the overpass, is so near it that the telltales between them afford
little protection, and a brakeman unacquainted with the road, having
passed one, does not look for the other until it is too late.
The telltales cannot be better located than they are now, and the
only improvement that will prevent similar accidents in the future Is
the raising of the roof of the covered bridge.
H. M. PUTNEY,
For the Board,
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BAILBOAD COMMISSIONEBS' REPORT. Ixxix
Death of Btiahrod W. Sampson.
STATE OF NEW HAMPSHIRE.
In Board of Railroab Commissiokxrs,
Concord, February 15, 1896.
InTestiKfttioii at Concord, February 8, 1896.
ft
J. H. Brown appeared for the Boston A Maine Railroad.
Witnesses: Dennis F. Galvin, fireman; George T. Wilkins, yard-
master; John Betters, brakeman; John M. Mitchell, yard conductor;
and Augustus O' Toole, switch tender; all of Nashua.
At about 7 o'clock a. m., December 16, 1896, Bushrod W. Sampson,
the deceased, a careful and steady man, who had been employed as a
yard brakeman in the railroad yanl of the Boston A Maine Railroad at
Nashua for some nine years, was walking up the yard tracks toward
the yard-master's office, to report before entering upon his daily labor.
The day crew of the switch engine, which then stood on a side-track,
had just taken the engine, and were backing up on to the main track
to go to the Concord yard for coal. Sampson was walking in the same
direction that the engine was backing, some three hundred feet or
more in front of its tender. When the engine started, one long whis-
tle, the usual signal that it was going to the Concord yard, was given,
and the bell was kept ringing while it was in motion. The engine
was moving at a speed of about two miles an hour. In some way,
Sampson was run over and killed by the engine, although there were
several tracks, with plenty of room for him to have stepped one side
to have avoided the engine, and no frogs or other obstruction in which
he could have caught his feet. The engine was stopped within one
hundred feet of the place where it struck him.
Precisely how the accident happened must remain a matter of con-
jecture. There were marks of footprints in light snow on the foot-
board of the rear of the tender, making it probable that he had jumped
on to the tender on the fireman's side, to get a short ride, as is cus-
tomary among the men employed in the yards, and that as he was
passing over to the engineer's side to jump off when he reached his
destination, he slipped and fell in front of the tender; but an eye-
witness, not more than two hundred or three hundred feet away,
seems sure that he was walking in front of the tender when he was
struck.
However the fact may be, no one could be blamed for the accident
except the deceased, for neither the fireman nor engineer could see
him, as their view was obstructed by the tender, and all proper sig-
nals were given and precautions used; while the deceased, from long
experience, must have known the dangers to be avoided when walk-
ing on the yard tracks, with which he was so familiar.
J. G. BELLOWS,
For the Board,
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IXXX RAILROAD GOMMISSIONIERS' REPORT.
Death of John A. MdrshcUL
STATE OF NEW HAMPSHIRE.
Ix Board of Railroad CoMMissioinBRS,
CoxcoRD, February 28, 1896.
Inyestigation at Plymouth, February 13, 1896.
Samuel B. Page of WoodsYille appeared for the widow, who was
alBO present.
Witnesses: George H. Morrison, M. D.; E. A. Robinson; A. H.
Wheeler, station agent; A. E. Molntire, conductor; Fred S. Carr,
brakeman; Patrick Leonard, engineer; Charles Winslow, fireman, all
of Whitefield.
John A. Marshall, a brakeman employed by the Boston A Maine
Railroad upon a mixed train running between Whitefield Junction,
Berlin, and Woodsville, came to his train at Whitefield Junction on
the morning of December 25, 1895, manifestly under the influence of
liquor.
The conductor of the train urged him and ordered him to return
home and not to attempt to make his run. He refused to obey the
conductor and with the quarrelsome stubbornness of a drunken man
persisted in accompanying his train — and he did so. The conductor
and trainmen guarded and watched him so carefully, keeping him
most of the time in the combination car, that he came back safely to
Whitefield Junction, and there left his train at about 7.30 o^clock
p. m.
He was then sobered enough to go to his home alone, had he wished
to do so, and had he heeded the urgent appeals of his associates. But
he evidently suffered his appetite to control his actions, and the next
morning, December 26, near 7 o'clock, his dead body was found less
than half a mile south of the Whitefield Junction station, outside the
rails, with his skull fractured and his left hand crushed. Nobody saw
the accident, nor was he upon any train after leaving his own in safety
on the previous evening. From all the testimony, it is probable that
he became more intoxicated and lay down beside the track and was
struck by a passing train.
E. B. S. SANBORN,
For the Board,
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RAILROAD commissioners' REPORT. Izxxi
Death of Comditia SuUivan.
STATE OF NEW HAMPSHIRE.
Ik Board of Railroad Commissiohsrs,
Concord, January 31, 1806.
Inyestigatioii at Manchester, January 27, 1896.
E. F. Jones appeared for the railroad.
Burnham, Brown A Warren, and O'Connor A Shea appeared for the
widow.
Witnesses: W. H. Tarbell, conductor; W. S. Plastridge, motor man;
Walter M. Langley, passenger; Lawrence St. Clair, passenger; A. D*
Buzzell, passenger; Greorge Brooks, onlooker; John Potts, police offi-
cer; Frank E. Bagley, conductor, all of Manchester.
In the evening of the 9th of January, 1896, an electric car run over
and fatally injured Cornelius Sullivan, upon Lake avenue, about two
hundred feet west of Chestnut street in the city of Manchester. The
car, which had left Hallsville a few moments before, was in charge of
experienced and faithful men, who were attending to their duties.
The motorman, who had stopped or nearly stopped it at Chestnut street
to take on a passenger, was letting it coast over the down grade
towards Elm street, constantly ringing the gong and keeping a look-
out on both sides of the street. Shortly after he left Chestnut street he
saw Mr. Sullivan crossing from the sidewalk on the south side of Lake
avenue towards the north side, and as the man was within six feet of
the track and appeared to intend to cross it, he reversed the power,
rano^ the bell more vigorously and shouted. But Mr. Sullivan paid no
attention and stepped between the rails just in season to be struck by
the oar, which came to a stop after passing over him, fifteen or twenty
feet away.
This account of the motor man is substantiated by the testimony of
the conductor and several passengers who were In a position to see
what occurred, but neither from them nor from any one else are we
able to obtain any information showing why Mr. Sullivan was cross-
ing the street at that place, or why he failed to notice the car or the
warning of the motor man, and put himself in a position to be run over
and killed. The evidence is that he was sober and in every way capa-
ble of taking care of himself. It had been snowing earlier in the
evening, but it was not storming at the time of the accident; the head-
light on the front end of the car was visible a long distance and the
gong was undoubtedly ringing. It would seem that he must have
heard the shouts of the motor man, and if he had not it was only the
part of ordinary prudence to have looked up and down the track before
stepping upon it We can only suggest that in a period of absent-
mindedness he was entirely oblivious to what was going on about him
and indifferent to danger. The car men did everything in their power
to avert the accident and cannot be blamed.
H. M. PUTKEY,
For the Board,
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IxXZii RAILROAD COMMISSIONERS' REPORT.
Death of George Reynolds.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, 1896.
InvestigatioD at Concord, 1806.
Witnesses: J. H. Parker, engineer; Fred A. Lindsay, and W. O.
Jackson, brakemen.
This accident happened in the yard of the B. ft M. R. R. at Nashua
Junction at about 10:30 p. m. on January 17, 1896. The deceased was
a car checker and was engaged that night in taking the numbers from
the cars of freight train No. 267, which was then standing in the yard.
As he was so engaged, freight train No. 525 running north came in,
passing 267 and going to the upper yard ; there the engine of 525 was
cut off and backed down by 267 on the track next east of it. The
engine was backing at the usual rate of speed in yards, about five or
six miles ah hour, and the bell was kept ringing. Mr. Reynolds was
taking the numbers on the west side of 267 and just as the engine of
525 was passing, having occasion to get on the other side of 267,
jumped up on the draw bars between two of the cars and jumped out
on the east side; there was a little snow on the track, and his feet
slipped as he came to the ground and he fell, sliding forward so that
his legs came under the wheels of the backing engine, which so
crushed them that he died from his injuries within half an hour, and
before he could, with every exertion, be extricated from beneath the
engine trucks.
No one saw the accident, but from marks upon the snow and from
the statements of Mr. Reynolds as he lay dying, it is apparent that it
could only have happened in the manner described.
J. G. BELLOWS,
For the Board.
Death of Richard O. Muir.
STATE OF NEW HAMPSHIRE.
In Board of Railroad CoiiiussioNERS,
Concord, June 28, 1896.
Investigation at Lancaster.
Witnesses: George A. Norton, conductor, Lancaster, N. H.; W. A.
Page, engineer, North Conway, N. H.; Guy S. Arlin, fireman. Cole-
brook, N. H. ; John H. Harrigan, brakeman, Lancaster, N. H.
February 1, 1896, at 9:30 o'clock p. m., Richard G. Muir, head brake-
man of Maine Central freight train No. 229, of fourteen cars going east
from Fabyans, in attempting to pass from a platform-car loaded high
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RAILROAD COMMISSIONICRS' REPORT. IxXXUl
with bark, fell to the track, was run over by two cars and died from
his injuries two hours later. The accident occurred near the centre
of the deck-bridge about one fourth of a mile east of Sawyer's River
station while the train was moving three or four miles an hour.
He was about to let out the brakes, which had been set to hold the
train down the heavy grade through the Notch. The bark car from
which he attempted to descend had upon it no ladder, was loaded to
the height of seven or seven and one-half feet and was unsafe to
jump from to the lumber car next in front.
Although Muir wore moccasins, which some of his associates
thought might give him a less secure foothold, yet the real cause of
the accident was the lack of any provision for a safe descent from the
bark car. The train was brought to a standstill within a distance of
two car lengths from where he fell.
To Mr. Norton, the conductor, who went immediately to him, Muir
said that he went to climb down from the bark car '* and slipped off
onto the rail.** It seems that most bark cars over this railroad are
without ladders and that the train crews, for safety, are expected to
combine the cars in their trains so that a high-loaded bark car may be
reached from a box car upon which are suitable ladders.
The location of this bark car was made by Mr. Muir himself at Fab-
yans, where he shifted it from the rear of the train to within two cars
of the engine, and he consequently knew the difficulty ahead of him
in performing his duties. When he fell he was going forward to ease
the brakes to save the train from a standstill, and within a few min-
utes could have jumped from the car at rest, but he was agile, alert,
dashing in handling his train, skilled by three years of service, in the
prime of his vigor, twenty-seven years of age, and had no thought of
allowing his train to lag to an unauthorized stop when it could be
avoided by letting off the brakes.
In order to avoid similar accidents, the board recommends that
orders be directed to conductors of freight trains and such other per-
sons as are responsible, that the cars shall be combined so as to afford
the safest possible means of passing along the train and then see that
the orders are strictly enforced.
EDWARD B. S. SANBORN,
For the Board,
Death of James Sloan,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, June 6, 1896.
Investigation at Concord, June 1, 1896.
Witnesses: Christopher A. Pollard, citizen, Newflelds, N. H. ; F. F.
Clark, conductor, and L. F. Wells, brakeman. North Berwick, Me.
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Ixzxiv RAILROAD GOMMIBSIONBRS' REPORT.
When the Boston A Maine passenger train No. 65, from Boston,
reached Exeter on its way to Berwick on the evening of March 30,
1896, James Sloan, a one-armed man, who had been waiting at the sta-
tion, walked into one of the cars to speak to Christopher A.. Pollard,
of Newflelds, who was a passenger on the train, in regard to hiring a
tenement in tliat place. Daring the conversation Mr. Pollard saw the
train was about to start and told Sloan he had better get off. Sloan
started towards the door, but was impeded somewhat by an incoming
passenger, and when he reached the car platform the train was under
way, moving four or five miles an hour, but taking hold of the railing
with his one hand he swung himself off in such a way as to be thrown
upon the track and run over by two cars. The occurrence was seen by
F. F. Clark, the conductor, who was passing from one car to another,
and he at once signalled the engineer to stop the train, which he im-
mediately did, but not until Sloan had been run over and so injured
that he died soon after. Mr. Sloan was much addicted to the use of
intoxicating liquors, and had been drinking that day. Whether this
had anything to do with the accident is uncertain, but no one else was
in any way at fault. The conductor and engineer were vigilant,
active, and efficient, and Mr. Pollard, who followed the victim to the
door, to see that he did not get injured, but reached it a second too
late, was remarkably careful and prudent.
H. M. PUTNEY,
Far the Board,
Death of Richard Mesereau,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, June dO, 1806.
Investigation at Lancaster, June 28, 1896. Drew, Jordan & Buckley
appeared for the Maine Central Railroad, and the father of the
deceased was present and took part in the hearing.
Witnesses: John Asnault, engineer, and Clarence E. Tnttle, fireman,
of Portland, Me., and John A. Curry, conductor, of Bartlett.
North of the station at Bartlett there are several tracks, forming the
yard of the Maine Central Railroad. On the west side of the tracks
and northwest of the station a small store stands within ten feet of the
west track, a little south of the store is a regular highway, crossing to
the highway and buildings east of the yard. From this store, how-
ever, people are in the habit of crossing the yard directly Instead of
taking the regular crossing south of it.
At about 2 p. m., on April 3, last, the deceased, a bright and promis-
ing boy about twelve or fourteen years old, who sold papers about
the station, was in the store with his papers; as he came out of the
door of the store after finishing his business there, he saw a brake-
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RAILROAD COmnSSIOKERS' REPORT. IzXZV
man, who was one of his customers, standing on a oar on the east side
of the yard. He started toward the brakeman, looking only at him,
and as he came on to a side-track leading to the coal sheds, about three
hundred feet or so north of the store, he was run over by engine 158
which, having taken on coal at the sheds, was slowly backing down
that track. The boy's right foot was cut o£F, and he died in the hospi-
tal at Portland to which he was at once taken by the railroad, on the
following day.
There was no lack of precaution pnthe part of the engine crew; they
were running slowly and ringing the bell, and could not see the boy
because the tender hid him from view. If the boy had glanced up the
track he could not have failed to sde the approaching engine, but his
attention was entirely engrossed by his customer on the other side of
the yard, and then, too, the day was cold and the wind blowing, and
this may have prevented his hearing the bell or the noise of the engine.
Accidents of this distressing character will continue to occur with
more or less frequency until people come to recognize the danger
attendant upon crossing or walking on railroad tracks, a danger
greater in the yards where the shifting of oars, the making up of
trains, and the coaling and watering of engines render the constant
and unexpected movements of trains and engines inevitable.
If we choose to preserve the freedom of the individual to stray over
and along railroad tracks with the same freedom that they do on the
highways and sidewalks, we must expect that the occasional killing
of some drunken tramp will be varied by accidents as sad and unneces-
sary as this.
It would take but little from the liberty of the individual were he
forbidden by law to use the railroad tracks for highways as his pleas-
ure or convenience dictates, but if such use is to continue, why should
not the railroads be relieved by statute from all liability for damages,
if the person injured be on their tracks without right ?
The burden of the reasonable protection of the regular crossings is
in itself a heavy one, without imposing on railroads the necessity of
defending suits so frequently brought for injuries received by those
using the tracks for highways.
J. G. BELLOWS,
For the Board.
Death of William Harriman,
STATE OF NEW HAMPSHIRE.
In Board of Railroad CoMifissioiTERS,
Concord, December 3, 1806.
Investigation at Woodsville, November 30, 1806.
Samuel B. Page and John H. Brown appeared for the railroad.
Witnesses: F. H. Britton, station agent, Dalton, N. H.; William
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IxXXVi RAILROAD COMMISSIONERS' REPORT.
Britton, section foreman, Dalton, N. H.; Charles A. Simpson* sta-
tion a|2:ent, Scott's, N. H.; £. J. Large, conductor, and S. A. Ghesley,
rear brakeman, Woodsvilie, N. H. ; A. Pauquette, forward brakeman,
North Stratford, N. H.; Charles M. Davidson, engineer, and J. N.
Chesman, fireman, Woodsvilie, N. H.
As Charles M. Davidson, the engineer of freight train No. 14, from
Lancaster to Woodsvilie, approached Scott's station, about 8 o'clock
a. m., April 7, 1806, he saw coming towards him on the track, about
a thousand feet distant, an old man, who, when the locomotive had
gone within about five hundred feet of him, fell, and was unable to
recover himself before he was run over and killed. The train was
slowing up as usual at that place, and was running at a moderate rate
of speed. The whistle had just been sounded for a crossing a short
distance above, and as soon as the man fell the brakes were applied
and everything possible was done to prevent the accident This man
was William Harriman, who was eighty-nine years old that day. He
boarded with a family at Dalton, two miles above, and as his eyesight
was so poor he could not read or do much else, he was accustomed to
walk back and forth between Dalton and Scott's to pass the time away
and meet his acquaintances. He had gone down a short time before,
and was returning when he met the train. His fall, due doubtless to
his feeble condition, was the cause of his death, for which no one '
at fault.
H. M. PUTNEY,
For the Board,
Death of Rilla A, Lane,
STATE OP NEW HAMPSHIRE.
In Board of Railroad CoMMissioifBRS,
CoKCORD, December 4, 1800.
Investigation at Woodsvilie, November SO, 1806.
Witnesses: Elmer L. Stevens, engineer; E. A. Troy, fireman; H. B. 0.
Green, brakeman; and James E. Noyes, brakeman; all of Gorham.
A group of children, of ages varying from eleven to five years, on
their way to school encountered a Grand Trunk Railway freight train
at Peabody's highway crossing, at grade, in Gorham, May 6, 1806, a
little before 0 o'clock in the morning. The children were obliged to
cross the track by this highway on their way to and from school.
A mile and a half away, at Gorham station, the railway com-
pany sent out from there a freight train at fifteen minutes before nine
o'clock a. m., daily, to Berlin, whicli train was due to reach this cross-
ing, at a speed sometimes of eighteen miles an hour, just as the chil-
dren were likely to be upon it on their way to the morning session of
school. The crossing was not guarded by gates or flagmen, yet for
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RAILROAD commissioners' REPORT. IxXZYii
two and one-half years, without any safeguard and, so far as our ex-
amination could push the inquiries, without any oomprehension by
the trainmen that special care was required in approaching the cross-
ing, no accident occurred.
On this day, Rilla A. Lane, seven years old, with her schoolmate,
four years older, crossed the track safely in advance of several smaller
children who were closely following, and became aware that this train
was rapidly nearing the crossing. She hastened to warn the children
behind her by gesture not to venture upon the crossing, and then,
detecting in their movements what she feared was a disregard of her
warning, she rushed over the crossing towards them, was struck by
the locomotive and fatally injured.
This train now leaves Gk>rham an hour earlier, and is over the cross-
ing before the school children reach it
No testimony was offered at the hearing upon the accident which
satisfied the board why, from the employes who operated the train to
the officials who scheduled it, no person discovered the danger to
many children from running it without any attempt at extra caution
at this crossing.
True, the whistle sounded and the bell rang properly, yet to a group
of small children in danger such sounds might be meaningless, or,
perhaps, confusing.
The daily routine of life is based upon special guards for the help-
less and immature, and it would have been only in the line of condi-
tions everywhere encountered and their duties assumed, for the rail-
road company to have exerted itself to guard these children, who
were rightfully crossing its track, from the danger of the train.
In its failure to do so, by slowly and cautiously passing the cross-
ing, or by coming to a standstill beside it, or by maintaining a skilled
flagman there, or by other sure method, it neglected its duty, and to
such neglect is due the death of this littie girl.
E. B. S. SAKBORN,
For the Board,
Death of Joseph Dragon,
STATE OF NEW HAMPSHIRE.
Ill Board of Railroad Commissioners,
Concord, September 18, 1806.
Investigation at Manchester, September 14, 1806.
John H. Brown appeared for the railroad.
Witness: Oscar A. Ricard, yard conductor.
A man who gave his name as Joseph Dragon was found by some
boys, fatally injured, lying upon the ground near Forsaith^s side-track
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IxXXViii RAILROAD COMMISSIONERS' REPORT.
in the Boston & Maine yard, at Manchester, about 7: 30 o*clook on the
evening of June 16, 1896. The boys at once informed Oscar Ricard,
the yard conductor, who went to the man, took him out and sent him
to the hospital, where he died. The investigation shows that Dragon
had been about the yard during the afternoon, badly intoxicated, and
that he must have been run over by some cars that were backed upon
the Forsaith track about an hour before he was found.
No one saw the accident, and nothing is known of the victim except
his name, which he gave to those who found him, or of the manner in
which he was killed. He had been dragged by the car wheels fifteen
or twenty feet, and had then apparently crawled out to the side of the
track. When he was taken out, he was evidently much under the
influence of liquor.
H. M. PUTNEY,
For the Board.
Death of Joseph Noel.
STATE OP NEW HAMPSHIRE.
Ik Board of Railroad CoMiassioNERs,
Concord, September 18, 1896.
Investigation at Manchester, N. H., September 14, 1896.
Hon. O. E. Branch appeared for the railroad.
Mr. J. B. Pattee appeared for the Noel heirs.
Witnesses: William Sheehan, Onesime Mondor, E. G. Dodge, W.
A. Sisco, J. B. Titus, Thomas McKenna, Napoleon Heroux, William
M. Badger, William Dion, Joe Houle, and Charles Bergland, all of
Manchester.
Joseph Noel, a young man who was employed upon the Stark Cor-
poration in Manchester, started to go to his work on the morning of
June 22, 1896, and passing in from Canal street through the driveway
leading to the Stark yard, crossed the railroad track and reached the
space between the tracks and the mill gates, when he met William M.
Badger, a fellow-workman, who had ridden in on his bicycle and with
a number of other operators was waiting there until it was time to go
into the mill. Noel asked Badger to loan him his bicycle and pants
guards while he took a ride on Canal street, which Badger did. Noel
mounted the wheel, rode out into and up Canal street to Bridge, then
down Canal by the entrance to the gates to Stark street, then back to
the gate entrance, where he turned to go over the track and back to
Badger. As he went up Canal street from Stark, a shifting train that
was backing up to Bloods' siding to do some work, followed him on
the track that runs parallel to the street, and reached the crossing at
the same time he did, and the forward car struck him, inflicting fatal
injuries. As he turned his wheel from Canal street to go upon the
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RAILROAD commissioners' REPORT. IxXXlX
crossing, Mr. Badger and several others, including a brakeman upon
the car, saw that he was rushing into danger and shouted to him not to
cross, and one man who stood on the edge of the street motioned him
away, and by getting in front of him prevented him from going
directly upon the crossing, but he rode around a post that separates the
driveway from a sidewalk, and in that way got upon the planking just
as the car did. It is not certain whether he saw the train, but he
probably did, and thought he had time to cross ahead of it. He was
an inexperienced bicycle rider. He was familiar with the crossing over
which he had passed daily for yeai*s. He knew that trains frequently
run there at that hour of the day. He almost met the train before he
turned at Stark street and went back beside it, and he had all the
warning that several people could give him. It is impossible to see
that any one else was negligent, careless, or imprudent, or in any way
responsible for his death.
H. M. PUTNEY,
For the Board,
Death of Thomas Carey,
STATE OF NEW HAMPSHIRE.
In Board of Railroad CoMMissiONERd,
Concord, September 18, 1896.
Investigation at Manchester, September 14, 1806.
Mr. E. M. Topliff and Hon. O. £. Branch appeared for the street
railway.
Mr. Albert O. Brown of Burnham, Brown & Warren appeared for
the child* s parents.
Witnesses: Miner Sargent, motor man, and W. S. French, con-
ductor, both of Manchester, N. H.
About six o* clock, on the evening of June 23, 1806, an electric car,
while passing down Bridge street between Chestnut and Elm in Man-
chester, ran over a small child named Thomas Carey, and instantly
killed him. The scene of this accident is upon a sharp decline or steep
hill, which slopes from Chestnut street to Elm. As usual, the power bad
been shut oft at Chestnut street, and the car was running by the force
of gravity, from four to six miles an hour. That section of Bridge
street is a busy one, lined with tenement blocks, which are the homes
of a large number of children, fifteen or twenty of whom were play-
ing beside the track when the car left Chestnut street, the Carey boy
being one of them. He was on the north side of the track, and as the
car approached him he attempted to cross diagonally to the south side
towards his home. The evidence is, that he was looking away from the
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XC RAILROAD COMMISSIONERS* REPORT.
car but moved twards it, and that some one shouted to him or to the
motor man just before he was struck, but that appears to have little
bearing on the case.
The motor man was Miner Sargent, the oldest employ^ of the
Street Railway corporation. His service had extended over a period
of nineteen years, but he had had little experience with electric cars,
having been incapacitated by rheumatism for ten months, during
which time the road had been transferred from a horse-car road into an
electric. He had made only a few trips as a motor man, and but one
on that line. His health, while greatly improved, was not wholly
restored.
Two questions arise in this case. Was Mr. Sargent qualified for a
motor man^s place? Was he running the car at too great a rate of
speed?
Of his intelligence and faithfulness there is no doubt, for both have
been proved during his long service as a horse-car conductor and
driver, but we do not think he was that evening in a physical condi-
tion to fill a position in which quickness, nimbleness, and strength
are essential, or that he had had the experience with car motors that
a man should have before he is put upon that line, which is the most
difficult one in the city. He says he had his car under perfect control
at Chestnut street, which is doubtless true, and it is also true that he
was not permitting it to run down the hill faster than is customary,
but in our judgment, no electric car should be allowed to run down a
hill through a street like that, which constantly swarms witli children
and is alive with carriages and pedestrians, six, five, or even four miles
an hour. We recommended that imperative orders be issued by the
managers of the Manchester street railway, limiting the speed of their
cars upon Bridge street between Chestnut and Elm, to three miles an
hour.
H. M. PUTNEY,
For the Board.
Death of Jeremiah Hopkins,
STATE OP NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, September 3, 1896.
Investigation at Concord, August 31, 1896.
Witnesses: Alfred E. Kirk, brakeman, Grafton, N. H.; E. P. Shurt-
lefif, fireman, West Lebanon, N. H.; Oscar G. Leighton, engineer,
Concord, N. H.; Edward L. Talbot, conductor, West Lebanon, N. H.;
and William D. Hoy, brakeman, Franklin, N. H.
John M. Mitchell appeared for the railroad.
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RAILROAD COMMISSIONERS* REPORT. XCi
The way freight train No. 204 from Lebanon to Concord reached
Enfield abont S:30 a. m., July 1, 1896, and stopped to do the usual
work there. The night before, on the way up, two coal-cars had been
left on a siding at that place. The men took the engine from the
train, went in on the siding at the station and got a flat car that stood
there, and were then going up what is known as the Bedstead track to
get some cars there and also to get some that were behind the two
coal-cars left there the night before. While this was being done,
Jeremiah Hopkins, a brakeman, set the switches for the Bedstead
track, and was seen by the other trainmen walking along beside one
of the coal cars. A moment afterward it was discovered that he had
fallen upon the track and been run over by the coal-car, and one pair
of the trucks of another car that was behind, so as to cut off both his
legs. He was promptly removed, and at his request sent to Concord,
where every thing possible was done for him, but he died that even-
ing of his injuries.
He told his associates that he climbed upon the coal-car as it was
being backed in upon the siding and in going around to the brake set
his foot on the draw board where it slipped, throwing him down
between the rails with his legs across one of them, so that the trucks
ran over him. This is undoubtedly the true explanation of the acci-
dent. The car from which he fell was a new one and all the testi-
mony is that the brake and everything about it was in perfect order,
and that it was not moving more than two miles an hour. All the
trainmen appear to have been capable, and to have been doing their
duty. None of them can be held in any way responsible for the fatal-
ity. A short time before the accident Mr. Hopkins borrowed a knife
of the conductor, Mr. Talbot, to cut away a part of the sole of one of
his boots which had become detached at the toe and was flapping up
and down so as to trouble him, and it may be that it was due to this
defect in his boot that he slipped, but this theory is conjecture
merely.
He was a faithfnl, popular and most promising young man, and he
died in the performance of his duty.
H. M. PUTNEY,
For the Loard,
Death of William C. Xoycs,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
CoNCOiiD, N. H., December 21, 1896.
Investigation at Concord, November 9, 1896. John H. Brown, Esq.
appeared for the Boston & Maine Railroad Company, and Hon. C. A.
SuUoway for the heirs of the deceased.
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ZCii RAILROAD COMMISSIONERS* REPORT.
Witnesses: Jerry Follansbee, conductor, of Concord; Albert L. Pills-
bury, engineer, of Hillsborough; Frank A. Blake, and Frank I. Morrill,
of Hopkinton, and Dr. G. P. Conn, of Concord.
William C. Noyes, the deceased, had been in the employ of the
Boston & Maine llailroad since May 6, 1S90, working on the iron gang.
He lived at Hillsborough Bridge, and had been home to spend the
Fourth of July, and the following day being Sunday, came to Contoo-
cook on the morning of July 6, 1896, to resume his labor. His gang
were at work at Sunapee, on the Sugar River branch of the Boston &
Maine Railroad, and were to go there that morning on a train leaving
Contoocook at 10 o*clock a. m. Another train follows this almost
immediately over the Peterborough A Hillsborough branch of the
Boston & Maine Railroad, for Elm wood. Both trains go on the same
track for a short distance, and then the tracks diverge to the right and
left.
Mr. Noyes, by some mistake, took the wrong train, that for Elm-
wood instead of that for Sunapee, and discovering his mistake when
not more than six hundred or seven hundred feet from where the two
roads diverge, jumped from the moving train, then running at a speed
of from ten to twelve miles an hour. At the time he made the
attempt, he was standing on the rear steps of the passenger-car of the
train, which was made up of a baggage-car, passenger-car, and milk-
oar, and tried to back off, and to let himself down by one hand, with
which he grasped the hand-rail. As he struck the ground, his feet
flew up, and he was drawn under the wheels of tlie milk-car; both legs
were run over, and he died from the effect of his injuries at Concord
hospital at about 7 o^clock that evening.
About twenty-five or tliirty feet below the place of the accident, the
wooden grain spout of a grist-mill standing on the east side of the
track projects to within some twelve or fourteen inches of the ordi-
nary cars passing on the railroad, at about the height of the steps of
the passenger-cars. It was claimed by the counsel for the heirs that
the deceased struck this spout in jumping, and that the accident was
caused by it, but we find on the evidence that Mr. Noyes did not jump
off the train until he had passed the spout, and that the accident was
caused by his cai-elessness in attempting to get off from a moving
train, and the unskilful manner in which he carried out his purpose.
J. G. BELLOWS,
For the Board.
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RAILROAD commissioners' REPORT. XCiii
Death of Unknown Man.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, N. H., September 18, 1896.
Investigation at MaDchester, September 14, 1896.
John H. Brown appeared for the railroad.
Witnesses: I. D. Rice, engineer; J. £. Brackett, fireman; Smith Pike,
conductor; Fred Brown, brakeman, aad William M. Sanborn, all of
Sanbornville.
On the morning of July 15, 1896, Mr. Rice, the engineer of a freight
train that was running from Sanbornyille to Conway Junction, on the
Northern Division of the Boston & Maine road, discovered upon the
track, about two miles south of Milton, a strange object, which caused
him to stop his train and investigate. The object proved to be the
mangled remains of a man who had been dead several hours. There was
nothing upon the body by which it could be identified, and all efforts
to learn who the man was and where he came from have been unavail-
ing. His shoes sat together upon the end of a tie outside the track,
where he had evidently placed them, and the inference is that he was
either walking in his stocking-feet, or had sat down upon the track
and removed his shoes, placing them where they were found, but
beyond this there is nothing to show what he was doing just previous
to his death. He was run over by an ice train that passed the point
where he was found, about eight hours before, on its way to Sanborn-
ville, where blood and shreds of flesh were found upon the car axles,
and afterwards during the night by two other trains, which rolled or
pushed the body about sixty feet from the place where the shoes were
left. Tlie engineer of one of three night trains saw the remains
between the rails, but they were so crushed and mangled that he
thought they were those of some animal. The man was probably a
tramp. There is no evidence that he was intoxicated.
H. M. PUTNEY,
For the Board,
Death of James H, Cate,
STATE OP NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, N. H., September 18, 1896.
As James H. Cate and his wife, of Portsmouth, who had spent the
evening with a friend, were walking toward their home, between the
tracks of the Boston & Maine Railroad, opposite the shoe factory in
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XCIY RAILROAD COMMISSIONERS REPORT.
Portsmouth, about 11 o'clock p. m., July 16, 1896, Mr. Gate was
struck and instantly killed, by the iron step of the pilot of the loco-
motive of train No. 127, known as the Bar Harbor express, and Mrs.
Gate was thrown to the ground and rendered unconscious, although
not seriously injured. Five days afterwards, this accident was thor-
oughly investigated by a coroner^ s jury, and when an inquiry was
begun by this board, the testimony of the witnesses before the
coroner, and the finding of the jury was submitted as a complete and
correct account of the case by the parties in interest. In the absence
of any other evidence, this is accepted by us. The finding of the jury
was that Mr. Gate was instantly killed as stated above, without fault
of the railroad.
H. M. PUTNEY,
For the Board.
Death of Nora Gorman,
STATE OF NEW HAMPSHIRE.
In Boajbd of Railroad Commissiokers,
Concord, September 18, 1806.
Investigation at Manchester, September 14, 1896.
Hon. O. E. Branch appeared for the railroad. Mrs. Nellie Ahem,
sister of Miss Gorman, was present.
Witnesses: Peter Craven, teamster, William S. George, machinist,
Charles E. Stevens, John Gorman, A. B. Hedding, gate tender, John
P. Donahue, laborer, Edward E. Cass, Mrs. Edward E. Cass, of Man-
chester; A. E. Gansby, fireman, M. F. Cleary, engineer, and D. J.
Donovan, conductor. Concord, N. H.
Nora Gorman was struck and almost instantly kilied upon the Gran-
ite Street crossing, in Manchester, about 7 o* clock p. m., Sunday,
August 0, 1(^96, by the locomotive of the incoming passenger train
from Boston. Tlie accident was w^itnessed by a number of bystand-
ers, and their testimony and that of the trainmen estiiblishes beyond
controversy the main facts in the case. Miss Gorman and her sister,
Mrs. Ahern, had been to West Manchester visiting friemls during the
afternoon, and were returning to their home on the east side of the
river. As they approached the Granite Street crossing, the train came
in sight with the bell ringing, and the crossing gates on both sides of
the track were lowered just as they reached tliose on the west side,
but one of the women dod«;ed under the gate as it descendei*. and the
other passed around the Si>uth side of tiie post to which !t was at-
tached, thus making; tlieir way upon the crossing between the gates.
They went over sevenil tracks and near to the one on which the train
was approaching, when Miss Gorman said, ** Let's go ahead of the
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RAILROAD commissioners' REPORT. XCV
train/^ and rushed forward. Her sister said, **No,'* and stopped.
As the Gorman woman was hurrying along she passed close to Peter
Crayen, who stood there watching the train, and he shouted to her to
stop and attempted to catch hold of her, but she eluded his grasp and
proceeded until she was struck by the locomotive. Others also shouted
to her to look out. As soon as the train had passed, she was taken up
and carried into the station, where she died immediately. It does not
appear that she was run oyer, but she was probably hit by one of the
timbers in the front of the engine and hurled to the ground with such
force as to kill her. The train, which was within a few feet of the
station where it was to stop, was running at a moderate rate of speed,
and the men upon the engine were performing their duties. No one
failed to do eyerything possible to saye her, except her sister, who
appears to haye been in a dazed condition, and to have known little of
what transpired.
It is not conceivable that a woman who was both sane and sober
should throw her life away in this manner, and there is no evidence
that she was insane, but her death was due entirely to her own reck-
lessness, which disregarded all warnings and defied all other attempts
to prevent her from going headlong to her death.
H. M. PUTNEY,
For ike Board.
Death of Patrick McQlone,
STATE OF NEW HAMPSHIRE,
In Board of Railroad Commissioners,
Concord, November 13, 1896.
Investigation at Concord, N. H., November 9, 1896.
John H. Brown appeared for the railroad.
Witnesses: William Farnum, foreman of stone gang, Manchester,
N. H. ; Hiram P. Wilson, passenger conductor. Concord, N. H. ; De-
Forest Davidson, brakeraan, Somerville, Mass.; William Warwick,
engineer, Cambridge, Mass.; and William D. Boyle, fireman. East
Somerville, Mass.
August 11, 1896, Patrick McGlone, one of a stone gang that was re-
pairing a culvert a short distance below Garvin's Falls, in Bow, took a
pail and went up the railroad track to get some water from a spring
about one hundred rods away. He had filled his pail and was return-
ing, when the locomotive of the passenger express, which left Boston
at 9 o'clock that morning, struck him, crushing his skull and throw-
ing him outside the rail. The engineer at once brought the train to a
stop, and the trainmen returned to McGlone, who lay dead beside the
track.
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XCVi RAILROAD COMMISSIONERS' REPORT.
At the time the accident occurred, a freight train was passing down
upon the other track. According to the testimony of the men upon
the passenger engine, the fireman first discovered McGlone upon the
track when he was not more than thirty feet from the locomotive, walk-
ing towards it, with his head bowed down, and apparently entirely un-
mindful of the approach of a train upon that track. The whistle had
been blown at a crossing a short distance below, and the bell was ring-
ing, but they did not attract McGlone's attention, because, as is sup-
posed, of the noise made by the freight train going in the other direc-
tion. The engineer did not see the man until the fireman shouted and
sprang to ring the bell, owing to a sharp curve in the track.
It was a hot day, and the train, which was a heavy one, was run-
ning very fast. It could not have been stopped so as to save McGlone if
he had been seen by the engine men when much farther away, if, as
appears, his attention was riveted upon the freight.
The victim was upon the track without any right to be there.
H. M. PUTNEY,
For the Board.
Death of Patrick Hardy man.
STATE OP KEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, 1896.
As Fred Canon, Edward Marcott, and Leon Jarvis were going to
their homes in Berwick, Me., from Salmon F<alls, about 10 o* clock in
the evening of August 12, 1896, they found between the track and sta-
tion platform at Salmon Falls the dead and badly mangled body of
Patrick Hardyraan, whose home was in Berwick. A hat, pipe, and
tobacco that belonged to Hardyman were afterwards found upon the
platform, where he had evidently placed them. The only testimony
in this case is that of the men who found the body, and we have no
knowledge as to the manner in which tiie victim was killed, but the
presumption is that he was hit by a passing train as he sat upon the
platform preparing to fill his pipe, and drawn under the wheels. Of
his habits or whereabouts during the day we know nothing.
A coroner was called that deemed an inquest unnecessary.
H. M. PUTNEY,
For the Board.
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RAILROAD commissioners' REPORT. XCVU
Death of Earnest Danascoder,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, December 11, 1806.
Inyestigation at Manchester, N. H., December 7, 1890.
Mr. John H. Brown appeared for the railroad.
Witnesses: Arthur W. Head, conductor, Concord, N. H.; Samuel
Whitcomb, engineer, and William Story, fireman, both of Manches-
ter, N. H.
As Samuel Whitcomb, the engineer of the regular afternoon passen-
ger train from Portsmouth to Manchester, reached a point near the
Hedding station, August 18, 1896, he saw from his cab window a small
object in the ditch beside the track, which he thought was a dog. A
moment later, the object straightened up and started towards the rail.
Mr. Whitcomb then saw it was a child, and at once reversed his engine
and stopped as soon as possible, but not until the locomotive had hit
the boy and thrown him to the side of the track with such violence as
to fatally injure him.
The boy was only five years old, and deaf and dumb. He lived with
his parents near-by, and was probably at play and did not know the
train was approaching. He was not within several hundred feet of a
crossing, and had no reason for going near the track except that his
childish instinct directed him there. The train was late, and was
running very rapidly, but this does not appear to have contributed to
the accident. Mr. Whitcomb, who is one of the oldest and most com-
petent engineers on the road, did all he could to save the boy, and no
blame can attach to him.
H. M. PUTNEY,
For the Board,
Death of John Devan,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, December 4, 1896.
Investigation at Woodsville, N. H., November 80, 1896. Samuel B.
Page and John H. Brown appeared for t)ie railroad.
Witnesses: J. K. Corliss, engineer; Horace Fortier, watchman; E. F.
Houston, fireman; and John LongstafF, brakeman, all of Woodsville.
John Devan, a man of very dissolute habits and no steady occupa-
tion, while wandering about the railroad yard at Woodsville, about
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xcviii RAii^OAD commissioners' report.
half past six o'clock on the eyenlng of October 30, 1896, fell upon the
track in front of an engine that was making up a train and was run
over and killed. As usual, when he could obtain liquor, this man was
intoxicated in the afternoon, and had a bottle in his pocket when he
was killed. He was undoubtedly drunk when he was run over. He
bad no business in the yard and no one else is to be blamed for his
death. The engine was not moving more than four miles an hour and
the men upon it were competent and faithful.
H. M. PUTNEY,
For the Board,
Death of Edivin Baily^ alias Charles E. Stone,
STATE OF NEW HAMPSHIRE.
In Board of Railroad CoMMissiomcRS,
Concord, December 18, 1806.
Investigation at Concord, December 14, 1896.
Mr. John H. Brown appeared for the railroad.
Witnesses: Charles H. Wiggin, master mechanic, Concord, N. H.;
Edsel G. Pugsley, conductor, and E. T. Smith, brakeman, Claremont,
N. H. ; Homer N. King, engineer, and Edwin C. Leer, fireman, Con-
cord, N. H.
Charles E. Stone, a brakeman upon freight train from Claremont to
Concord was found dead upon the second car from the engine when
the train reached Mast Yard, October 16, 1896. An examination
showed that while attending to his duties as brakeman, he had come
into collision with the overpass at Ranno's farm crossing, just west of
the Mast Yard station. This overpass is only fifteen feet and three
inches in the clear. The car upon which Mr. Stone was found was twelve
feet, one and one-half inches high, and the one between it and the
engine, upon which it is supposed he stood when he was struck, was
about one foot higher. Tliere was an abrasion upon the lower timber
of the roof of the bridge, where he came in contact with it. The tell-
tales were in good condition. The train was running at the usual
rate of speed, and all the crew were attentive to their duties. Mr.
Stone was an experienced brakeman and was familiar with that
road, over which he had passed a great many times. The overpass
is a murderous one, and it is more of a menace to brakemen than it
would otherwise be because there is near-by a covered bridge under
which a man can ride standing erect on a car, and for which this
overpass may be mistaken. The accident emphasizes all that has
been said of the necessity of getting rid, as far as possible, of all
bridges that are so low that a trainman is liable to be hit and killed by
them.
H. M. PUTNEY,
For the Board,
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RAILROAD commissioners' REPORT. Xcix
Death of Joseph G. Fenton.
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, January 12, 1897.
Investigation at Concord, December 14, 1896.
Mr. John H. Brown appeared for the raih*oad, and Mrs. Fenton, the
widow, was present.
Witnesses: Edward W. Brockway, conductor; Carl Stromberg, yard
brakeman; Arthur L. Proctor, carpenter; Nathaniel M. Walker, engi-
neer; Herman J. Sanborn, fireman, all of Concord.
Joseph C. Fenton, a brakeman, in the employ of the Boston &
Maine railroad, was run over and killed by a car in the north yard
at Concord on the afternoon of October 3, 1896. Mr. Fenton was one
of the shifting crew which was making up a train. At the time the
accident occurred, the locomotive was slowly backing two cars, one
empty and one loaded, up what is known as the trestle track to get
another car that stood there, and just as he stepped upon the track in
front of the loaded car to fix the coupler so that it would make the
hitch, when the car for which they were going was reached. In doing
this, he appears to have fallen or stumbled, and although the cars
were scarcely moving, one set of trucks ran over him before they could
be stopped. He was doing his duty at the time, as were all the others
in the crew. There was no carelessness on the part of any one. The
yard, which was covered with coal cinders, was free from holes and
as smooth and safe to walk upon as it could be made. The coupler
was a Gould coupler, in good working order. No reason can be given
for his falling in front of the wheels which crushed him to death.
H. M. PUTNEY,
For the Board,
Death of Charles H. RoUins.
STATE OF NEW HAMPSHIRE,
In Board of Railroad Commissioners,
Concord, January 12, 1897.
Investigation at Woodsville, November 30, 1896.
Samuel B. Page, Esq., and Mr. John II. Brown appeared for the
rsmroad, James W. Remich, Esq., attorney, and Mr. Albert H. Leigh-
ton, administrator, appeared for the Rollins estate. Mrs. Rollins, the
widow, was also present.
Witnesses: George E. Cummings, superintendent; Amos B. Phillips,
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C RAILROAD COMMISSIONERS' REPORT.
middle brakeman; Walter B. Higgins, general oar inspector; George
D. Clark, night car inspector, all of Woodsville; Michael Leary, con-
ductor; Jeremiah K. Callahan, engineer; Bert B. Holbrook, fireman,
all of Concord; and Joseph H. Thyng, rear brakeman, of Lakeport.
At about five o^ clock on the afternoon of October 18, 1896, a heavy
freight train, composed of thirty-one loaded cars and a caboose can
drawn by two engines, left Woodsville, going south over the Boston &
Maine railroad, and reached Whitens crossing at about 6.50 p. m-
There the helper engine left the train, which proceeded down the
heavy grade to Wentworth, drawn by the remaining engine. The
train was made up as follows: next the engine were six box-cars, then
three platform-cars, loaded with lumber, and the rest of the train
composed of box-cars. The third car from the engine was Boston &
Maine box-car 14,233. The train crew consisted of an engineer, fire,
man, conductor, and three brakemen, Mr. Rollins, the deceased,
being the forward brakeman, and having charge of the first nine cars
of the train. All went well until the train had reached the foot of
the grade, about a mile and a half north of Wentworth, near Clifford's
crossing, when one of the wheels of car 14,233, being overheated
from sliding, broke, and the truck gave way, letting the car on to
the track, and bringing the train to a standstill within a third of a mile
from the place where the wheel broke. The engineer, who had shut
off steam on the descending grade, feeling the shock, commenced to
work steam, but soon stopped to find car 14,233 dragging on the
ground and ten or eleven cars of the train behind it piled into a hope-
less wreck. Mr. Rollins was on top of the train, attending to his
duties; was thrown to the ground, and either killed by the fall or by
the mass of debris under which he was immediately buried. He was
missed at once, but his remains were not discovered until the arrival
of the wrecking train, some three hours after the accident, which
happened at 7.19 p. m.
There seems no doubt but that the broken wheel was the sole cause
of the disaster, and but little that its breaking was caused by over-
heating, as the broken wheel plainly showed, from either too hard or
too long continued application of the brakes, causing it to slide.
Mr. Rollins was an experienced brakeman, and a careful and trusty
man, no doubt familiar with the important rule that requires brakes
to be changed when descending heavy grades at least once in three
miles, but whether the accident was caused by his neglect to obey
that rule, or by his setting the brakes too tight, must remain in
doubt.
The train was carefully inspected before leaving Woodsville, and all
the crew appeared to be experienced men and to have used all proper
care, unless it be the deceased, who, if he erred, paid for his error with
his life.
J. G. BELLOWS,
For the Board.
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RAILROAD COMMISSIONERS REPORT. CI
Death of Samuel TT. Doyle,
STATE OF NEW HAMPSHIRE.
In Board of Railroad Commissioners,
Concord, January 12, 1897.
Investigation at Manchester, December 7, 1896. Mr. John H. Brown
appeared for the railroad.
Witnesses: John S. Wicon, yard-master; Russell Supemau, yard
conductor; Leon F. Mills, brakeman; James A. Johnson, yard con-
ductor; and Edward Collins, engineer, all of Nashua.
Samuel W. Doyle, the deceased, was a brakeman on the shifting
crew, employed in the Nashua yard of the Boston & Maine Railroad.
September 6, 1896, about 11: 10 p. m., the shifting crew took eight or
ten freight cars from the north yard to the east yard. The cars were
shoved down by the engine, and an attempt made to set them on to
track No. 8, of the east yard. This track proved to have too many
cars already on it to hold them, so they were taken from it and placed
on track No. 2, directly west of No. 3. Mr. Doyle was on top of the
rear car of the train with the conductor, and remained there until the
cars were stopped on No. 3 track before placing them on No. 2. He
then descended the ladder on the east side of the car he was on, and
reached the ground in safety. His conductor followed him and went
to set the switch for No. 2, which was about eight cars* length from
where he and Doyle got down. After pushing the cars onto the No. 2
track, the engine and all the of crew, except Doyle, returned to the
north yard, which is about a mile from the east yard.
Doyle was never seen alive again, but his dead body was found at 1 : 10
to 1:15 a. m. that night by the yard conductor of the east yard, on No.
3 track. When found, Doyle was lying with his head against the
east rail, and his feet against the west rail of that track, with his right
arm lying over the east rail up to the shoulder. This arm had been
run over by one car and one pair of trucks. The night was a dark and
rainy one, and when the crew returned to the north yard, which they
reached about 11: 30 p. m., without Doyle, his absence caused no com-
ment, as it was supposed he had gone home, as the day*s work of the
crew was done.
The precise cause of the accident can never be ascertained. Al-
though Doyle seemed well that evening and had attended to his duties
with his accustomed skill, for he was an experiened and trusted train,
man, it may be that some sudden illness overcame him, and that he
fell upon the track, or that he was knocked down in some way. The
position in which Mr. Doyle*s body was found, its condition there and
a wound on the back of his head that apparently was not caused by
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Cii RAILROAD COMMISSIONERS* REPORT.
his being run over, seem to point to the conclusion that when the body
was run over by some cars that were set off on Ko. 3 track after 11 : 10
p. m., life was already extinct.
J. G. BELLOWS,
For the Board.
INCIDENTAL EXPENSES.
The public statutes place at the disposal of the board, for stenog-
raphers, expenses, postage, and express service the sum of $1,000
annually. Of this sum there was expended in 1806 the following
amounts :
Stenographers and typewriters $292.78
Office expenses and stationery 51.61
Express and postage 59.29
$403.68
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REPORT
OF THE
ATLANTIC & ST. LAWRENCE RAILROAD
COMPANY
FOR THE YEAR ENDING JUNE 80. 1896.
GENERAL EXHIBIT FOB THE YEAR.
Gross earnings from operation . $001,212.44
Less operating expenses .... 824,563.50
Income from operation
Miscellaneous income — less expenses,
rentals from property not used in
operation of the road, paying local
taxes $2,509.56
Income from other sources
Total income
Deductions from income:
Interest on funded debt accrued during
the year $206,280.00
Taxes 58.817.17
Total deductions from income
Net loss
Dividends declared, 6 per cent, on com-
mon stock $320,040.00
Total
Deficit for the year ending June 30, 1806
$166,658.04
2,500.56
$160,258.50
264,507.17
$05,338.67
320,040.00
$424,878.67
EABiriNOB FROM OPERATION.
Total passenger revenue
Mail ....
Express
Total passenger earnings
$256,137.41
26,628.12
20,802.36
$303,152.80
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RAILROAD COMMISSIONERS REPORT.
Total freight revenue ....
Total freight earnings
Total passenger and freight earnings
Total gross earnings from operation
$688,059.^
$688,059.55
$991,212.44
$991,212.44
OPERATING BXPEN6E8.
Maintenance of ^ay and structures:
Repairs of roadway
Renewals of rails
Renewals of ties
Repairs of bridges and culverts
Repairs of fences, road crossings, signs, and cattle
guards
Repairs of buildings
Repairs of docks and wharves
Stationery and printing
Total
Maintenance of equipment:
Repairs and renewals of locomotives .
Repairs and renewals of passenger cars
Repairs and renewals of freight cars .
Shop, machinery, tools, etc. .
Superintendence
Total
Cond ucting transportation :
Superintendence
Waces of enginemen, firemen, and roundhousemen .
Fuel for locomotives ,
Water supplies for locomotives <
All other supplies for locomotives
Wages of other trainmen i
All other train supplies
Wages of switchmen, ilagmen, and watchmen .
Expense of telegraph, mcluding train dispatchers
and operators
Wages of station agents, clerks, and laborers
Station supplies
Car mileage — balances
Loss and damage
Injuries to persons
Stationery and printing
Other expenses
Total
$83,708.98
8,800.00
18,725.56
11,412.96
6,774.86
12,449.80
25,059.86
200.00
$167,725.52
$54,886.46
23,517.91
58,217.24
14,371.09
1,459.40
$151,902.10
General expenses:
Salaries of officers
Salaries of clerks
$7,299.18
97,257.63
128,431.66
2,550.99
6,221.42
68,946.17
7,304.05
35,708.01
16,379.17
71,124.71
10,436.38
10,112.93
52:^.53
1,770.00
1,761.00
5,403.12
$471,229!90
$7,496.48
5,714.11
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RAILROAD commissioners' REPORT.
General office expenses and supplies .
Agencies, including salaries and rent .
Advertising
Insurance
Legal ezpenffes
Stationery and printing ....
Total
Recapitulation of expenses:
Maintenance of way and structures
Maintenance of equipment
Conducting transportation
General expenses ....
Grand total
Percentage of operating expenses to earnings
$2,001.64
6,605.16
1,361.58
6,314.57
3,556.26
586.18
$;J3,695.08
$167,725.52
151,902.10
471,229.00
33,695.98
$824,553.50
83.19
GENERAL BALANCE SHEET.
Cost of road
Total .
$8,922,000.00
$8,922,000.00
Capital stoclc:
Common $5,484,000.00
Total capital stock
Funded debt
$5,4^,000.00
3,438,000.00
Total i $8,922,000.00
CAPITAL STOCK.
Capital stock authorized by charter, and
acts of the legislature .... $5,484,000.00
Capital stock authorized by votes of com-
pany 5,484,000.00
Capital stock issued (number of shares 11,535) ; amount
paid in
Total amount paid in as per books of the company
Total number of stockholders .... 1,649
$5,484,000.00
$6,484,000.00
FUNDED DEBT.
Funded debt as follows:
First mortgage bonds due 1884, rate of interest 6 per
cent
Interest paid on same during the year $89,994.96
$1,499,916.00
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RAILROAD COMMISSIONERS' REPORT.
Second mortgage bonds due 1891, rate
of interest 6 per cent
Interest paid on same during the year $42,775.92
Third mortgage bonds due 1909, rate of
interest 6 per cent.
Interest paia on same durinfi[ the year 47,219.04
Balance on exchange of bonds
Interest paid on same during the year 10.08
$180,000.00
Island Pond to Canadian boundary line:
Island Pond debentures, 6 per cent,
£90,000 sterling
Interest paid on same during the year 26,280.00
$206,280.00
Total amount of funded debt
$712,982.00
786,984.00
168.00
438,000.00
$3,438,000.00
PASSENGER, FREIOHT, AND TRAIN MILEAGE.
294,037
12,572,833
Passenger traffic:
Number of passengers carried earning
revenue
Number of passengers carried one mile
Average of distance carried, 42.75 miles.
Total passenger revenue ....
Average amount received from each passenger
Average receipts per passenger per mile
Passenger eai*nings per mile of road .
Passenger earnings per train mile
Freight traffic:
Number of tons canied of freight earn-
ing revenue 986,329
Number of tons carried one mile . 96,194,816
Average distance haul of one ton, 97.53 miles.
TotsS freight revenue
Average amount received for each ton of freight
Average receipts per ton per mile
Freight earnings per mile of road ....
Freight earnings per train mile
Train mileaffe:
Miles run Dy passenger trains
Miles run by freight trains
Miles run by mixed trains
Total mileage trains earning revenue
Miles run by switching trains
Miles run by construction and other trains
Total train mileage
Average number of persons employed, 859; M., N. H.,
260.
$256,137.41
.87111
.02037
1,819.86
.74966
$688,059.55
.69760
.00715
4,130.50
1.03450
367,234
553,667
148,606
1,069,497
218,400
65,280
1,353,177
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RAILROAD COMMISSIONKRS' REPORT.
BATES OF FARE.
Average rate of fare per mile received for local tickets l .0296S
Average rate of fare per mile received for commutation
tickets .01209
Average rate of fare per mile received for mileage tickets I .02020
Average rate of fare per mile received for season tickets ' .00579
Average rate of fare per mile received from passengers
on joint tickets to and from other railroads and trans-
portation companies 02291
RATES OF FREIGHT.
Averaffe rate per ton per mile received from freight
way-billed local
Average rate per ton per mile received from freight
way-billed jointly with other railroads and trans-
portation companies
.01408
.00499
DESCRIPTION OF ROAD OWNED.
Main line of road from Canadian boundary line to Port-
land, Me
Main line of road in New Hampshire 62.06
Main line of road in Vermont .... ao.56
Main line of road in Maine .... 82.00
Total road belonging to this company ....
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails
(Weights per yard, 65 lbs.)
165.22 miles.
165.22
36.68
9.36
201.90
61.42
201.90
Soad9 and Branches belonging to oilier Companiee, oper-
ated by ikie Company under lease or contract^ the opera-
tions ifwkUh are included in this Return. i
Norway Branch
Total length of above road
Total length of above road in Maine ....
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations in New Hampshire, on all roads
operated by this company
Number of telemph offices in same ....
Number of stations on all roads owned by this company
Same in New Hampshire
1.36 miles.
1.86 *'
1.86 "
166.68 "
52.06 "
12
10
88
12
EQUIPMENT.
Equipment furnished by the lessees.
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RAILROAD commissioners' REPORT.
LIST OF ACCIDENTS.
I From causes beyond
their own control
!(in New Hampshire).
From their own
mlsoondact o r
carelessness (in
New Hampshire),
Total in Total on
New whole road
Hampshire. < operated.
f
a
I
s
Passengers-
Employes . . ■
Others
STATEMENT OF EACH ACCIDENT IN NEW HAMPBHIRK.
Trainman injured: Striking switch ladder when climbing side gear.
Others killed: At highway crossing.
Others injured : Under influence of liquor, falling out of baggage-
car door.
GENERAL INFORMATION.
Highway and Railroad Crossings in New Hampshire on
miles of road owned.
Number of crossings on highways at grade .
Number of crossings on highways over railroad .
Number of crossings on highways under railroad .
Number of highway bridges less than 18 feet above track
Height of lowest bridge above the rails ....
Number of crossings at which there are neither signals
nor flagmen
Number of railroad crossings at grade (Maine Central)
Number of railroad crossings under other railroads
(Concord & Montreal)
Total amount expended for repairs and renewals of
bridges
Number of new ties laid in New Hampshire .
25
4
1
4
15 ft. 10 in.
$8,553.73
17,656
NAME AND HE8IDENCE OF 0FFICEB8.
Chas. M. Hays, President^ Montreal, Que.; G. P. Westoott, Vice-
President, Portland, Me.; W. W. Duffett, Treasurer, Portland, Me.;
P. R. Barrett, Clerk of Corporation, Portland, Me.
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RAILROAD COMBnSSIONERS' REPORT. 7
NAMS AND REBIDENCB OF DIBBCTORS LAST ELECTED.
Chas. M. Hays, Montreal, Que.; Geo. P. Westcott, Portland, Me.;
Franklin R. Barrett, Portland, Me. ; W. W. Duifett, Portland, Me. ;
Stephen R. Small, Portland, Me. ; William W. Brown, Portland, Me. ;
Edward A. Koyes, Portland, Me.; Qeo. B. Reeve, Montreal, Que.;
Philip G. Brown, Portland, Me.
PROPER ADDRESS OF THE COMPANY.
ATLANTIC AND ST. LAWRENCE RAILROAD COMPANY.
Portland, Me.
W. W. DUFFETT,
Treasurer,
F. R. BARRETT,
Clerk and Secretary.
State of Maine.
Cumberland bs. September 14, 1806. Then personally appeared
W. W. Duflett, treasurer, and F. R. Barrett, clerk and secretary, and
severally made oath to the truth of the foregoing statement by them
subscribed, according to their best knowledge and belief.
ARTHUR L. FARNSWORTH,
Justice of the Peace.
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RAILROAD commissioners' REPORT.
REPORT
BOSTON & MAINE KAILROAD
FOR THE YEAR ENDING JUNE 80, 1896.
GENBKAL EXHIBIT FOR THE YEAR.
Gross earnings from operation . $20,499,768.27
Less operating expenses .... 14,606,989.70
Income from operation
Interest on bonds owned .... $2,500.00
Central Massachusetts R. R., $100,000
6 mos., 5 per cent.
Dividends on stock owned . 198,606.80
Maine Central R. R., 26,160
shares, 6 per cent . $160,960.00
Portland <fe Rochester R. R.
4,821 shares, 6 per cent.
York Harbor & Beach R. R.,
4,971 shares, par $60, 4 per
cent 9,942.00
Portland & Ogdensburg R.
R., 8,962 4-10 shares, 2 per
cent 7,904.80
St. Johns Bridge & Ry, Ext.,
240 shares, par $60, 6 per
cent 600.00
Portland & Saco R. R., 35
shares, 6 per cent 210.00
Eastern R. R., in New Hamp-
shire, 15 shares, 8 per cent 45.00
Portsmouth &, Dover R. R.,
8 shares, 6 per cent . 18.00
Total dividends
$196,606.80
Miscellaneous income — ^less expense .
Rents of tenements, lands,
etc $303,094.88
Less expense .... 48,650.01
$254,444.87
$894,101.02
$6,992,828.6T
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RAILROAD commissioners' REPORT.
Bridge tolls .... $10,779.88
Less expense .... 1,430.00
$9 349.83
Dividend on 9,734 shares Vt.
Yalley R. R. Co., stock
owned by Connecticut
River R.R.. 29,202.00
Dividend on 1,009 shares
Mount Washington R. R.
stock owned by 0. A M.
R. R 6,594.00
Dividend on 194 shares Mount
Washington Railway stock,
owned oy Connecticut A
Passumpsic River R. R. . 1,104.00
Dividend on 331 shares Peter-
borough stock, owned by
Boston A Lowell R. R. 1,324.00
Dividend on 381 shares Pem-
igewasset Yalley R. R.
stock 2,052.00
Dividend on 312 shares Con-
cord A Montreal R. R.
stock 1,688.00
Dividend on 100 shares New
Boston R. R. stock . 200.00
Interest on $10,000 bonds,
Woodsville Aqueduct Co.,
all of which are owned by
Concord A Montreal R. R. 400.00
Interest received . 88,156.02
Lyndonville Water Works . 848.17
Winnipesaukee Steamboat
Co 615.84
Sundry items. 3,617.79
Total Misc. income . $394,101.02
Income from other sources
Total income
Deductions from income:
Interest on funded debt accrued during
the year $1,071,461.80
Interest and discount real estate mort-
gages 24,984.19
Taxes 961,958.58
Rentals 8,181,583.78
Boston .& Lowell R. R. . . $724,847.00
Concord A Montreal R. R. . 716.262.08
Connecticut River R. R. 351,600.00
Worcester, Nashua A Roch-
ester R. R 250,000.00
$595,206.82
$6,588,035.39
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RAILROAD COMMISSIONERS' REPORT.
Conneoticut A Passumpsic
Rivers R. R. . . . $188,000.00
Northern R. R. . 185,420.00
Central Massachusetts R. R. 147,078.76
Manchester & Lawrence R. R. 1 12,960.00
Portland, Saco & Portsmouth
R. R 90,000.00
Nashua A Lowell R. R. 78,000.00
Lowell A Andover . 52.500.00
Portsmouth & Dover . 46,140.00
Massawippi Yalley Railway 36,000.00
Pemigewasset Yalley R. R. 82.751.00
Concord & Portsmouth R. R. 25,000.00
Eastern R. R. in New Hamp-
shire 22,500.00
Stony Brook R. R. 21,500.00
Wilton R. R 20,400.00
Peterborough R. R. . 15,700.00
•Suncook Valley R. R. . 14,700.00
Kennebunk & Eennebunk-
portR. R 2,92,5.00
New Boston .... 2,800.00
$3,182,088.78
Newport & Richford R. R.,
$17,500.00.
Sublet to Canadian Pacific
Railway for the sum of
$18,000.00.
Credit ....
500.00
$3,131,583.78
Total deductions from income . .
Net income .
Sinking fund payments account Eastern R.
R. bonds $21,347.60
Sinking fund payments account Boston &
Maine R. R. bonds 51,285.00
Dividends declared, 6 per cent, on preferred
stock 188,968.00
Dividends declared, 6 per cent on common
stock 1,045,070.00
Total
$5,209,983.35
$1,378,102.04
$1,300,690.60
1886.
Aug. 16, li per cent, on 174,1S8 shares, oonunon $961,S68JW
Sept. 1, 8 per cent, on 81,486 shares, preferred 94,494.00
Nov. 16, l| per cent, on 174,169 shares, oommoD 961,968JS0
1886.
Jan. 1, li per cent, on 174,109 shares, oonunon 961,268JS0
March 1, 8 per cent, on 31,486 shares, Preferred 94,484.00
April 1, U per cent, on 174,109 shares, common 961,368.60
Dividend on stock exchanged previous to this year 86.00
$1,284,068.00
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RAILROAD commissioners' REPORT. 11
Surplus for the year ending June 30, 1806 .
Balance profit and loss account June 30, 1895, surplus
Total profit and loss account, surplus .
Old claim account of Northern R. R. lease .
Balance profit and loss account June 30, 1806, surplus
$71,411.44
1,616,001.96
$1,687,413.40
10,-255.86
$1,677,157.54
BARKINGS FROM OPERATION.
Passenger reyenue $9,227,660.47
Less repayments:
Tickets redeemed $11,009.54
Excess fares refunded .... 109,877.45 i
Other repayments 8,000.00
Total deductions 128,886.99
Total passenger reyenue I $9,099,273.48
Mail 821,050.14
Express 601,042.72
Extra baggage and storage ' 95,602.81
Total passenger earnings I $10,116,969.15
Freight revenue $10,445,724.29
Less repayments:
Overcharge to shippere .... $102,601.23 ,
Total deductions 102,601.23
Total freight revenue ! $10,343,123.06
Other items: i
Elevators $17,658.74
Eastern transfer 7,207.57
. , 24,866.31
Total freight earnings | $10,367,989.37
Total passenger and freight earnings . . I $20,484,958.52
Other earnings from operation: I
Telegraph companies .... $5,090.68 {
Rents from tracks, yards, and terminals 10,716.25
Total $16,806.93
Other sources:
Deficit Steamer Mount Washington 997.18 |
Total other earnings 14,809.75
Total gross earnings from operation .1 $20,499,768.27
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RAILROAD commissioners' REPORT.
OPERATING EXPENSES.
Maintenance of way and structures:
Repairs of roadway
Renewals of rails
Renewals of ties
Repairs of bridges and culverts
Repairs of fences, road crossings, and cattle guardH .
Repairs of buildings
Repairs of docks and wharves
Repairs of telegraph
Other expenses
Total
Maintenance of equipment:
New equipment
Air brakes and automatic couplers ....
Repairs and renewals of locomotives ....
Repairs and renewals of passenger cars
Repairs and renewals of freight cars ....
Repairs and renewals of floate
Shop, machinery, tools, etc
Other expenses
Total
Conducting transportation:
Wages of engineraen, firemen, and roundhousemen .
Fuel for locomotives
Water supplies for locomotives
All other supplies for locomotives ....
Wages of other trainmen
All other train supplies
Wages of switchmen, flagmen, and watchmen .
Expense of telegraph, including train dispatchers
and operators
Wages of station agents, clerks, and laborers
Station supplies
Car mileage — ^balances
Loss and damage
Injuries to persons
Steamboats, expenses of, including wages, fuel, and
supplies
Other expenses
Total
Gkneral expenses:
Salaries of officers
Salaries of clerks
General office expenses and supplies ....
Agencies, including salaries ana rent )
Advertising ) ' ' '
Insurance
Expense of fast freight lines
Rents for tracks, yards, and terminals
Rentals not otherwise provided for ....
Legal expenses
$1,541,861.72
108,684.77
285,346.30
288,076.(»
128,028.78
480,244.65
20,375.55
6,860.17
471.3<>
$2,849,300.2T
$408,93&84
378,477.0»
447,293.24
529,761.66
505,292.25
7,600.00
94,799.65
301.74
$2,367,465.49
$1,218,568.69
1,724,447.76
82,023.38
42,414.08
1,092,650.35
196,138.61
689,299.94
208,114.65
2,065,010.77
278,635.25
314,517.52
66,962.74
268,414.06
3,194.28
10,171.18
$8,260,563.27
$156,408.32
242,252.89
64,737.04
69,050.80
108,313.06
18,465.68
52,840.09
19,5^.93
120,977.84
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RAILROAD COMMISSIONERS REPORT.
13
Stationery and printing .
Other general expenses .
$145,827.84
41,003.23
Total I $1.02ft..511.e7
Recapitulation of expenses:
Maintenance of way and structures
Maintenance of equipment
Conducting transportation .
General expenses ....
Grand total
Percentage of earnings to operating expenses
$2,849,809.27
2,367,465.49
8,260,563.27
1,029,511.67
$14,506,989.70
70.766
Total charges to property, accounts
Credits to property account:
Land at Maiden sold
Land transferred to construction
counts of leased roads
ac-
Total credits to property accounts .
Net addition to property account for the year
PROPERTY accounts: CHARGES AND CREDITS
DURING THE TEAR.
Grading and masonry
Bridging
Superstructure, including rails I
Lands, land damages, and fences |
Passenger and freight stations, woodsheds and water-
stations
Engineering, agencies, salaries and other expenses |
during construction
Elimination grade crossings ....
Total for construction ....
Other expenditures charged to property account
Bonds of St. Johnsbury and Lake
Champlain R. R. . . . .
Bonds of Central Massachusetts R. R. .
1 share of the capital stock of the New-
buryport R. R. .
Somerville marsh land .
Real estate at Nashua, N. H.
Land at Charlestown, ^ass.
Land at Northampton, Mass.
Land at Beverly, Mass. .
Land at Rlchf ord and Troy, Vt
Land at Peabody, Mass.
Land at Manchester, Mass.
Land at Marlboro, N. H.
$184,000.00
100,000.00
8.00
67,922.30
96,417.40
40,149.60
38,432.00
13,878.(K)
1,000.00
600.00
65.00
65.00
I
$2,301.44
28,797.12
$63,776.81
12,250.53
26,101.12
24,569.02
14,159.48
1,995.92
269,653.57
$412,506.45
532,552.30
$945,058.75
31,098.56
$913,960.19
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RAILROAD commissioners' REPORT.
GENERAL BALANCE SHEET.
Cost of road
Cost of equipment
$300,000 bonds of Newburyport R. R.
$125,000 bonds of Dan vers R. R.
$184,000 bonds of St. Johnsbury & Lake
Champlain R. R
$100,000 bonds of Central Massachusetts
R. R
$298,464.95
125,000.00
184,000.00
100,000.00
Total bonds
26,160 shares stock of Maine Central R. R. $2,516,000.00
13,214 shares stock of Boston & Maine R.R. 1,585,755.91
4,821 shares stock of Portland & Roches-
ter R. R 482,050.00
4,971 shares stock of York Harbor &
Beach R. R. (par $50) ... . 248,550.00
3,952 4-10 shares stock of Portland &
Osdensburg R. R. 146,288.80
1,250 shares stock of Franklin <fe Tilton
R. R 125,000.00
260 shares stock of Portland Union Rail-
way Station Co 25,000.00
300 snares stock of Portland, Mt. Desert
& Machias Steamboat Co. (par $50) 15,000.00
35 shares stock of Portland, Saco & Ports-
mouth R. R 4,375.00
809 shares stock of St. Johnsbury <& Lake
Champlain R. R. (par $50) . . . 4,303.56
1,360 shares stock of Newburyport R. R. 4,080.00
471 shares stock of Danvers R. R. . 2,345.00
15 shares stock of Eastern R. R.' in New
Hampshire 900.00
240 shares stock of St. John Bridge and
Railway Extension Co. (par $50) . 684.00
3 shares stock of Portsmouth <& Dover
R. R 390.00
Total stocks
Real estate at Nashua .... $215,197.55
Land at Dover 8,883.69
** Old Orchard, Me. ... 7,648.52
" Portland, Me 17,667.50
** Saco and Biddeford 20,000.00
** Wakefield, Mass 3,300.00
*• Chelmsford, Mass. 1,500.00
" Lowell, Mass 4,800.00
" Newburyport, Mass. . 2,750.00
" Bar Harbor, Me 45,104.37
** Manchester, Mass. 3,715.00
'* East Boston, Mass. . 20,625.00
** Somerville, Mass. . 299,377.90
" Lynn, Mass 54,227.68
$32,269,161.21
4,583,149.91
707,464.95
5,160,672.27
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RAII.BOAD COMMISSIONERS REPORT.
15^
Land at Charlestown, Mass.
*' Melrose Highlands, Mass. .
'' Northampton, Mass. .
" Beverly, Mass
'* Bevere, Mass
" Portsmouth, N. H.
•' Kichford and Troy. Vt.
" Marlboro, N.H
*' Peabody, Mass
$88,457.06
6,000.00
62,452.00
17,398.00
7,350.00
430.00
1,000.00
65.00
600.00
$888,544.27
Steamer Mt. Washington and wharves .
Richford, Vt., elevator ....
$78,455.32
52,261.43
125,716.76
Total permanent investments .
$43,734,709.36.
Cash
Bills receivable
Due from agents
Due from solvent companies and other
individuals
$1,668,516.10
1,288,718.87
888,295.73
2,093,246.01
Total cash and current assets .
.
5,893,776.71
Other assets:
Materials and supplies . . . .
Sinking fund
Elimination grade crossings in process
Central Massachusetts R. R., con-
struction, etc
$2,230,284.48
629,708.a3
182,987.56
733,573.30
Total other assets ....
3,776,554.17
Total
$53,405,040.24
Capital stock, common :
Boston & Maine . $18,738,300.00
Boston & Maine script . 816.72
Eastern R. R. . 83.28
Capital stock, preferred
Total capital stock
. $18,739,200.00
3,149,800.00
Funded debt
Real estate mortgages ....
Current liabilities:
Audited vouchers and accounts .
Wages and salaries
Net traflSc balances due to other com-
panies
Dividends not called for
Matured interest coupons unpaid (in-
cluding coupons due July 1)
$1,232,042.25
365,720.18
388,386.0.5
20,412.25
146,896.00
$21,889,000.00
$21,565,780.21
597,800.00
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RAILROA.D commissioners' REPORT.
Rentals due July 1 $897,208.00
Subscription to new stock, Concord &
Montreal R.R. 1,128,871.48
Total current liabilities
Accrued liabilities:
Accrued rentals not yet due . $178,000.64
Accrued interest not yet due 201,820.78
Accrued taxes not yet due 427,682.19
Suspense account 684,071.97
Sundry lease accounts .... 1,180,896.97
Total accrued liabilities
Injury fund
Sinking fund, redemption Boston &
Maine bonds
Sinking fund, redemption Eastern R. R.
bonds
Profit and loss balance ....
$4,174,621.16
$150,000.00 !
628,264.76 |
1,444.07 j
1,677,157.54
2,720,972.50
I 2,456,866.87
Total I $58,406,040.24
PBSSBNT OB CCJBBENT LIABILITIES NOT INCLUDED IN
THE BALANCE SHEET.
Bonds of Portland Union Ry. Station Co. to the amount
of $800,000. Principal and interest guaranteed by
Boston A Maine ana Maine Central Railroads
Interest guaranteed on bonds of Portland & Rochester
R. R. to the amount of $118,500.
Interest guaranteed on bonds of Manchester A Law-
rence R. R. to the amount of $274,000.
Principal and interest guaranteed on bonds of St. Johns-
bury A Lake Champlain R. R. to the amount of
$1,828,000
Total (not included in balance sheet)
$800,000.00
1,828,000.00
$1,628,000.00
Stockholders.
Common.
Total namber of stockholders 6,721
Number of stockholders in New Hampshire.. . I 1,8U
Amoant of stock held in New Hampshire $2,996,100.00
Preferred.
671
06
$172,000.00
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RAILROAD COMHISSIONER8' REPORT.
17
OAPITAIi STOCK.
Capital stock authorized by charter . $22,247,600.00
Capital stock authorized by votes of com-
pany 21,004,000.00
Capital stock issued, common (187,888 shares)
preferred (81,4}l8 shares)
Boston Sb Maine script convertible into stocks at par .
Amount paid in on fSastern R. R. stock to be exchanged
for Boston A Maine common
Ti»(al amount paid in as per books of the company
Total number of stockholders .... 6,202
Number of stockholderH in New Hampshire . 1,880
Amount of stock held in New Hampshire $8,167,700.00
$18,788,800.00
8,149,800.00
816.72
$21,889,000.00
FUKDED DEBT. I
Bonds due Jan. 1, 1044: rate of interest ^ per cent $6,000,000.00
Interest paid on same during year . . $270,067.00 !
Bonds due Aug. 1, 1942; rate of interest 4 per cent. . , 2,500,000.00
Interest paid « n same during year . . $100,500.00
Improvement btnds due Feb. 2, 1905; rate of interest
4 per cent. 1,000,000.00
Interest paid on same during year . . $40,000.00 !
Improvement bonds due Feb. 1, 1007; rate of interest >
4 per cent 500,000.00
Interest paid on same during year . $20,000.00 j
Improvement bonds due Feb. 1, 1087; rate of interest I
4 per cent 1,010,000.00
Interest paid on same during, year . $76,760.00 |
Eastern R. R. certific»t«s of indebtedness, U. S$. gold, i
due Sept. 1, 1006; rate of interest 6 per cent. . . i 7,060,500.21
Interest paid on same during vear . $430,125,00 1
Eastern R. R. certificates of indebtedness, sterling, I
320,000, due Sept 1, 1006; rate of interest 6 per cent i 1,557,280.00
Interest paid on same during year . $93,486.80 '
Portsmouth, Great Falls & Conway R. R. bonds, due {
June 1, 1987; rate of interest H per cent. . . i 996,000.00
Interest paid on same during year . $44,617.00
*Portsmouth, Great Falls A Conway R. R. bonds, due !
Dec. 1, 1892; rate of interest 4i per cent. . . 2,000.00
Interest paid on same during year . $0.00
Total amount of funded debt ; $21,565,780.21
^The $8,000 of old 6 per cent, bonds have not yet been presented for ezchange
for the new bonds dne Jan. i, 1997.
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BAILBOAD COKIOSSIONBBS' REPOBT.
PABSBNGEB, FBBIGHT AJXD TBA.IH MILBAOB.
86,132.902
507,008,054
14.45
Passenger traffic:
Number of passengers carried earning
revenue
Number of passengers carried one mile
Average of distance carried .
Total passenger revenue ....
Average am<»unt received from each passenger
Average receipts per passenger per mile
Passenger earnings per mile of road .
Passenger earnings per train mile
Freiglit traffic:
Number of tons carried of freight earn-
ing revenue
Number of tons carried one mile .
Average distance haul of one ton .
Total freight revenue
Average amount received for each ton of freight
Average receipts per ton per mile
Freiglit earniogH per mile of road
Freight earnings per train mile ....
Train mileage:
Milesrunoy passenger trains . . . .
Miles run by freight trains
10,247,020
076,O(<2,5:M
05.028
$0,000,273.48
.25000
.01798
5,803.06
1.24697
10,843,123.06
1.00088
.01530
6,030.28
i.r"'
Total mileage trains earning revenue
Hi les run by switching trains
Miles run by construction and other trainb
8,118,257
5,490,402
18,603,740
3.247,063
570,172
Total train mileage
Average number of persons employed
17,411,884
15,124
BATES OF FABE.
Average rate of fare per mile received for local tickets
Average rate of fare per mile received for commutation
tickets, witliin suburban circuit (Boston) .
Average rate of fare per mile received for commutation
tickets, outside suburban circuit (Boston) .
Average rate of fare per mile received for mileage
tickets
Average rate of fare per mile received for season tickets
Average rate of fare per mile received from passengers
on joint tickets to and from other railroads and trans-
portation companies
.01786
1 to 2 cents.
2 to 2i "
.02
.00678
.01834
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RAILROAD commissioners' REPORT.
19
RATES OF FREIGHT.
Ayera^e rate per ton per mile received from freight
way billed local
Ayerafre rate per ton per mile recelyed from freight
wa^-billed jointly with other railroads and transpor-
tation companies
.02404
.00P&4
DESCRIPTIOK OF ROAD OWNED.
Main line of road from Boston to Port-
land, Western diviHion .... 116.81 miles.
Main line of njad from Boston to New
Hampshire state line, £aHtem division 41.45 *'
Main line of road from Conway Junction,
Me., to North Conway, N. H., Northeni
division 73.87 **
Main line of road in New Hampshire ....
Main line of road in Massachusetts
Main line of road in Maine
Double track on main line
Same in New Hampshire
Third track on main line
Branches owned by company, viz. :
Medford, double track
Methuen, single track, 2.75: double track 1
Somerswortl), single track
Orchard Beach, single track
East Boston, single track, 1.01: double track, 1.56 .
Charlestown, double track
Sau^us, double track
Swampscott, single track, 3.44; double track, .52
Marblehead, single track
Lawrence, Eastern division, single track, 18.55; I
double track, 1.84 j
South Reading, single track I
Oloacester, single track, 7.05; double track, 8.00 . |
Essex, single track \
Asbury Grove, single track j
Salisbury, single track
Dover and Winnipiseogee, single track
Wolfeborough, single track
Chelsea Beach, single track, .85; double track, 2.40
Newbury port City, single track ....
West Amesbury, single track ....
230. 13 miles.
ia'i.20 **
78.01 **
4«.»2 '*
120.62 *'
24.83 "
2.00
3.75
2.75
3.00
3.47
1.00
0.55
3.06
3.52
10.80 **
8.12 ♦*
16.04 •*
6.00 "
1.06 '*
3.70 "
20.00 "
12.08 "
3.34 *'
1.07 "■
4.45 •»
Total length of branches owned by company .
Total length of branches owned by company in New
Hampshire
Total length of branches owned by company in Massa- i
ohusetts
Total length of branches owned by company in Maine
Double track on branches
Total road belonging to this company ....
130.68 miles.
46.10 •*
00.58 "
8.00 *»
28.84 "
360.81 "
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20
RAILROAD commissioners' REPORT.
Sidings and other tracks not before enumerated .
Same In New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails
(Weights per yard, 60 to 79 lbs.)
Roods and branches belonging to other companies, oper-
ated by this company under lease or contract, the
operations of which are included in this return.
Concord A Montreal R. R. and branches
Worcester, Nashua & Rochester R. R
Eastern Railroad in New Hampshire ....
Portland, Saco & Portsmouth K. R
PortBm(»uth & Dover R. R.
Danvers R. R
Newburyport R. R.
Lowell & Andover R. R
Manchester A Lawrence R. R
Kennebunk A Eennebunkport R. R.
Boston A Lowell R. R. and branches ....
Nashua A Lowell R. R. .
Stony Br«u>k R. R
Wilton R.R
Peterborough R. R
Manchester A Kf ene R. R
Central Massachusetts R. R.
Connecticut A Passumpsic Rivers R. R
Massawippi Yalley Railway
Northern R. R
Concord A Claremont N. H. R. R. and branches .
Peterborough A Hillsborough R. R
Connecticut River R. R. and branches ....
Trackage rights
Total length of above roads
Total length of above roads in New Hampshire
Total length of above roadn in other states .
Worcester, Nashua A Rochester R. R. in Massa-
chusetts
Danvers R. R. in Massachusetts
Newburyport R. R. in Massachusetts ....
Lowell A Andover R. R. in Massachusetts .
Boston A Lowell R. R. and branches in Massachusetts
Nashua A Lowell R. R. in Massachusetts .
Stony Brook R R. in Massachusetts ....
Central Massachusetts R. R. in Massachusetts .
Connecticut River RR. and branches in Maseacbosetts
Nashua, Acton A Boston R. R. (Concord A Montreal
K R.) in Massachusetts
Trackage rights, North Acton to Concord Junction
in Massachusetts
244.60 miles.
48..'i8 **
764.70 "
224.71 "
647.13 "
417.07 miles.
W.48 '*
16.08 "
50.76 **
H.26 "
26.U8 "
8.78 "
22..H9 "
4.50 »*
tt«.H6 '*
14.50 '*
W.I6 "
15.60 "
10.50 "
29.59 "
ftS77 "
110.30 *•
37.15 "
82.91
70.90
18.51
79.85
7.28
1,846.95 miles.
762.43 ••
584.62 "
39.46 ••
9.26 "
26.98 ••
a73 "
96.SI6 "
9.26 •*
13.16 •*
98.77 '*
65.93 *'
16.14
4.21
377.84 miles.
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BAILBOAB COMMISSIONBRS' B£POBT.
21
Portlaod, Saco A Portsmouth R. R. in Maine
Kennebonk A Eennebunkport K R. in Maine
Northern R. R. in Vermont
Cronnecticut River R R. in Vermont . . . .
Connecticut A PaAsumpsic Rivers R. R. in Vermont .
Massawippi Valley Railway in Canada
Trackage rights, Lennoxville to Sherbrooke
Total
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations in New Hampshire on all roads
operated by this company
Number of telegraph offices in same ....
Number of stations on all roads owned by this company
Same in New Hampshire
50.76 miles.
4.50 •*
55.20 miles.
.24 **
.71 '*
110.30 **
111.25 miles.
37.15 "
8.02 "
40.17 miles.
5i^.52 miles.
1,716.76 miles.
918.73 •*
296
181
179
48
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22
BAILBOAD COMMISSTOims' RSPORT.
DBSOBIPTION OF EQUIPMENT.
o
1
1
1
1
s
i
B
f
<
i
if
1"
1
ft
Passenger locomotiTes
Prelffht "
186
76
88
174
06
72
860
170
186
i
1
V.'.'X.'''.
1
Other "
1
"
' '
i
Total '.
824
841
666
62
41
618
847 1
•" 1
1
PaA8fin<rAr r.Ani
488
76
120
•800
108
•86
10
1
799
188
206
10
4
1
.........
799
188
206
10
4
1 ,„
Oombinstion cam.* trTi--r T ,^^..1--*-
' las
Baggage, mail, and express cars. . .
Panor cars •
., 206
1A
IMreotors' and dav cars .....•.••..•
8
4
Total
887
604
1.9A1
1,901
« aA«
1
Box freight oars (basis of 8 wheels).
Stock freight cars " ,
Goal freight cars " !
Flat freight cars
Other freight oars
Logging trucks
681
2.688
2.»i>7
1.624
88
1
'■*'i
1,757
18
287
1,161
80
1
2,641
' 21
810
...... ' *-■'
1
-w
Tjtal
4,617
6,706
11.228
8,268
A nAm
.
1
Derrick cars in company's senrice.
Oaboose cars **
60
168
182
*95*
20
60
268
152
18
29
12
18
48
17
Other road outk **
Total
845
116
460
1
64
ttk
.-
Snow plows
88 27
66
1
Namber of cars in passenger equipment with eight wheels fitted with brakes
for all wheels, 1,201.
• Includes ten psssenger and four baggage cars, 80.50 per cent of which are
owned by Boston A Lowell Eailroad, 87.68 per cent bv the Concord A Montreal
Railruad, and 81.67 per cent by the Canadian Pacific Kail way.
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RAILROAD commissioners' REPORT.
23
From oauaeB be-
yond their own
control (in New
Hampabire).
I
0
From their own
mlscondnot or
oarelessneaa (in
New Hampshire).
s
s
Total in New
Hampshire.
a
0
Total on
whole road
operated.
Paaaengers.j
Bmployfo . . . ' 1 8
Others 1 i 7
ToUl.... ! ! 16
8
12
14
15
8
12
14
8
81
71
lOB
48
188
106
842
STATEMENT OF EACH ACCIDENT IN NEW HAMPSHIRE, 1896.
August 6. Madinon, Benj. Godfrey, attempted to cross track in front
of train, was struck by engine and killed.
August 12. East Andover, Isaac Leavitt, pedlar, drove into the side
of a moving train. The horse was killed and Leavitt slightly bruised.
September 1. Exeter, P. B. Swain, trespasser, on track, was struck
by train and fatally injured.
September 16. Rochester, Mrs. L. B. Merrill, stepped off platform in
front of train as it was drawing into station, was struck and thrown
back on platform, sli^hMy injuring her head.
September 17. Concord, Daniel L. Perkins, was driving a wagon across
track when train struck and killed the horse and threw Mr. Perkins
out of wagon, injuring his side and face.
September 18. Hillsboro, Saverio Polcaro, employ^, was struck and
killed by train while at work with train crew.
September 20. Bridgewater, Wm. Neal, trespasser, drove on track
at crossing and while driving south on our right of way was struck and
Instantly killed by train.
September 21. Ashland, E. T. Cloran, brakeman, fell from train, was
run over and fatally injured.
September 23. Nashua, W. D. Roberts, drove across track ahead of
train, was struck by train going in opposite dii^ection and thrown from
wagon, injuring his leg, side, and back.
September 24. Manchester, F. S. Young, brakeman, when passing in
front of engine, fell, and was run over and leg crushed.
September 27. Canterbury, Geo. W. Mann, waiting to board train,
stood too near track, was struck by car and head badly cut.
October 10. Nashua, Geo. £. Hall, brakeman, fingers jammed coupling
cars.
October 12, Hooksett, James O^Nell, passenger, left train while in
motion and fell through brid&re, injuHng head and leg.
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24 RAILROAD GOMMIBfilOMEBS' KBPON.
Onti^er 18. Concord, Walter Merrill, boy fifteen years old, had foot
crushed while climbing between cars.
November 2, Concord, Edward B. Crapo, employ^, was stmck by
engine as it was backing out of train shed and was instantly killed.
November 5. Dover Point, unknown man, trespasser, stealing ride on
freight train, had foot jammed.
November 73i, Hillsboro, Chas. Gray and F. C. Richardson, while
driving across track, were struck by train and somewhat injured.
December 1. West Lebanon, N. B. Sease, brakeman, on freight train,
struck overhead bridge, was thrown off and instantly killed.
December 6. Nashua, Peter Demers, brakeman, while making coup-
ling was thrown down and leg broken.
December 18. Nashua, B. W. Sampson, employ^, was run over by
engine and killed.
December 18. Portsmouth, Gko. W. Gilchrist, while driving across
track on load of hay, was struck by train and shoulder injured.
December 25. Whi4efield, John A. Marshall, brakeman, fell fron»
train and was killed.
STATEMENT OF EACH ACCIDENT IN NEW HAMPSHIRE, 1896.
January 17. Nashua, €too. E. Reynolds, employ^, was found under
train, fatally injured.
February 18. Manchester, Sherman Marsh, brakeman, found on top
of car with head cut Supposed to have struck overhead bridge.
March 80. Exeter, James Sloan, got on train to speak to passenger,
and in getting off moving train, fell, and was fatally injured.
Aprils, Nashua, Wm. Smith, brakeman, while getting down side of
car, fell, injuring his side.
April 7. Scort*s, Wm. Harriman, trespasser, walking on track, fell
in front of engine and was run over and instantly killed.
April 10. Manchester, W. A. Sisco, brakeman, had body jammed
coupling cars.
April 2Q, Nashua, Wm. Gtodfrey, brakeman, fell from car, was run
over and instantly killed.
May 90. Chesham, Wm. McDonald, passenger, passing from one car
to another, fell from train and had his eye cut and both legs broken.
May 29. Auburn, Daniel Sinclair and Philip Leaf, section men, work-
ing on track, were struck by train and badly injured.
June 3. Tilton, Chas Gamitt, brakeman, fell from train and was in-
ternally injured.
June 15. Concord, J. Draigo, trespasser, was found beside track
fatally injured.
June 19. Concord, Robt. Burns, brakeman, had foot crushed while
using brake.
June 22. Manchester, J. Nowell, attempted to cross track gtl bicycle,
was run over by train and instantly killed.
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RAIL&OAD commissioners' RSPORT.
25
Jum^. MancheBter, Patrick Laoy, employ^, getting on maving
tnin, slipped and fell, was ran oyer and foot crushed.
Jum 28. Henniker, Mrs. Edgar Proctor and daughter were ap-
proaching cri>ssing when horse became frightened and ran into train,
throwing them from wagon and braising them.
Jum 29. Henniker, Harry B. Preston and Rufus T. Morrison were
driving across track when they were struck by train and somewhat
injured.
June 22. Concord, J. A. Craigie, brakeman, while making coupling
was struck in back by leyer of coupler.
Juni2A, Weirs, S. H. Holman, passenger, getting off oar, fell, in-
juring his head and hip. '
GENERAL INFORMATION.
Highway and Railroad Crossings in New Hampshire on
Miles of Hood owned.
Number of crossings on highway at grade
** ** over railroad
** '* under railroad .
Number of highway bridges 18 feet above track ,
Number of highway bridges less than 18 feet above
trHck
Height of lowest bridge above rail
Namber of crossings at which gates or flagmen are
maintained
Namber of crossings at which there are neither signals
nor flagmen
Number of railroad crossings at grade ....
Newmarket, Western division and Portsmouth branch
(Southern division).
Bochester. P., G. F. & G. (Northern division) and
Portland & Rochester R. R.
Rochester, Dover <& Winnipesaukee (Northern di-
vision) and Portland A Rochester R. R.
Number of railroad crossiniES over other railroads
Salmon Falls, Western division over Northern di-
vision.
Namber of railroad crossings under other railroads
Salmon Falls, Northern division under Western di-
vision.
147
16
9
5
11
14 ft., 7i in.
34
113
3
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2i\
RAILROAD commissioners' REPORT.
.Vtw kfidgis of over ten feet span built within the year on roads operated in
New Hampshire (including those replacing old structures and those htUt
where non^ before existed).
LoOAtlOII.
W,, N, A P. IHvi9ion
Hadson
Southern DivUion.
Hooksett
Henniker Jet
Northern IHvieion. i
SanbomviUe I
Ossipee Valley !
Madison
Lake Shore.
Loon Gove '
West Alton
Qlendale... i
QUfOfd
Concord Divieion,
Franklin
Lebanon |
White Mte, Diffieion. ,
Concord, No. 107| I
Rnmney, No, 288 |
North Usbon, No. 896. . '
Belmont, No. 882 !
Bethlehem Jet., No. 052.!
Base, No. 1002 |
Fabjan'8, No. 976
To replace.
Wood trass..
Plank lattice..
Frame trestle.
PUe trestle..
No opening..
Pile trestle .
Wood stringer..
Timber lattice.
No opening...
Plank Uttice.
Pile trestle —
Plank lattice..
Frame trestle..
Description.
Lensl^h of span
andnnmberof
tracks.
Wood truss I 87 ft., 1 track.
Pin trass....
Pile trestle .
Plate girder...
Pile trestle....
Wood stringer..
Plank Uttice...
Plate girder —
Stone arch
Howe truss
Pile trestle
Frame trestle . .
Pile trestle
480 ft., 6 in., 2 tracks.
10ift.,8in., itraok.
24 ft., 1 track.
101 ft., 1 track.
75 ft., 1 track.
86 ft., 1 track.
02 ft., 1 track.
49 ft., 1 track.
48 ft., 1 track.
14 ft., 6 in., 1 track.
76 ft., 1 track.
70 ft., 1 track.
80 ft., 1 track.
101 ft., 9 in., 1 track.
76 ft., 1 track.
66 ft., 1 track.
82 ft., 1 track.
99 ft., 1 track.
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RAILROAD COMMISSIONKRS RKFOUT.
27
Bridges on roads operoUd in New Hampshire.
Total lenetli of pile and trestle bridging
Bridges abolishf d during tlie year:
Alton Bay, 425 feet of trestle on Lalte Shore filled,
lilton. portion of Tilton trestle on Franklin <& Tilton
filled.
P. y. Branch, No. 016 trestle filled, 80 feet long.
Mi. Washington Branch, No. 1001 trestle filled, 84
feet long.
Bridges extensively repaired :
Dover Point, draw-bridge center rebuilt.
Dover, Gocheco river iron bridge, damaged by freshet,
repaired.
Gulf bridge, So. Lyndeboro, Kewhall's, Hancock,
and Bear Camp, new ties.
Two abutments. Northern division, six, Concord di-
vision, and three White Mountains division, re-
built on account of freshet.
Total amount expended for rapairs and renewals of
bridges
Number of new ties laid in New Hampshire:
Concord division:
Mainline
Bristol Branch
Concord A Claremont Branch
Peterborough Sc Hillsborough Branch
Eastern d I vinion:
Eastern Railroad in New Hampshire
Portsmouth &, Dover Branch
Worcester, Nashua & Portland division:
Worcester &, Nashua
Nashua & Rochester
Nashua & Acton
Nashua &. Lowell
Wilton
Peterborough
Manchester &, Keene
Western division:
Main line
Manchester & Lawrence
West Amesbury Branch
Northern division:
Main line
Dover A Lakeport
Wolfeborough Branch
Somersworth
Southern division:
Main line (C. 4fe M.) .
12,790 ft lin.
Suncook Yall*'V .
Manchester &, North Weare
Concord &. Portsmouth
New Boston .
Nashua A, Lowell
White Mountains division:
Mainline
Franklin & Tilton
$283,070.08
32,496 ties.
4,4:^9
32.U01
6,816
9,001
3,189
3,349
19,771
3,262
4,160
12,262
4,768
10,284
14,203
7,641
667
39,785
19,828
4,900
1,805
43,137
6,082
7,628
10,865
35
7,718
65,733
2,484
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28
BAILROAD COHBaSBIONERS REPORT.
Tiltoii A Belmont
Pemi^ewassett Valley
Wing RiMid to Base
Whiteileld & Jefferson
Lake Shore ....
Profile & Franconia Xotch
Kilkenny Lumber Go.
Connecticut Uiver division :
Ashnelot . . . .
Total.
Tons of steel rails laid in New Hampshire:
New
Old . . .
Miles of iron track replaced by steel in New Hampshire :
Concord division :
Bristol Branch
Eastern division:
Eastern Railroad in New Hampshire
Western division:
West Amesburv Branch
Manchester & Lawrence
Mainline
Worcester, Nashua A Portland division :
Worcester A Nashua
Nashua & Rochester
Nashua & Lowell
Southern division:
Concord & Montreal, main line
Suncook Valley
Manchester & North Weare
Northern division:
Wolfeborough Branch
964 ties.
8,oeJO *•
6,166 "
6,004 "
2,766 "
1,516 "
4,222 ••
10,196 "
417,096 ties.
1,842
6,620
1.60mile8.
.24 **
.02
.05
.20
1.14
Total.
Side tracks laid in New Hampshire
1.40
2.40
1.33
2.46
11.28 miles.
50.266 feet.
BUILDINGS.
Newton Jot., freight house.
Rockingham Jet., passenger depot, water tank.
Epping, freight house enlarged, new turntable.
Rochester, engine house enlarged on stall.
Manchester, sand house.
Hooksett, track scales.
Sanbomville, restaurant enlarged and remodelled, two
overhead bridges rebuilt, Nos. 39 and 89.
West Can^o, freight house built '
Sunapee, passenger depot. I
Claremont Jet., engine house rebuilt. |
Water tanks at East Lebanon and Mt. Sunapee.
Six overhead bridges rebuilt, Nos. 28, 36, 40, 39, 98, 88.
One overhead bridge abolished.
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RAILBOAD commissioners' RBPOBT. 29
New Hampton, passenger, freight, and tenement house
combined.
Warren, passenger and freight houses.
Fabyans, ice house and meat storage, laundry and
dormit«iry and boiler bouses.
Mfc. Pleasant, platforms and awnings.
Weirs, new wharf.
Water tanks Rt Bast HaTerhill, Groveton, and Bath Jot.
Wr«»ught ln»n turn table at Woodsville.
Overhead bridges at Wentworth and Haverhill.
NAME AND BB8IDENCB OF 0FFICRK8.
Lucius Tuttle, President^ Boston, Mass. ; T. A. Maokinnon, First Vice-
President^ Boston, Mass. ; W. F. Berry, Second Vice-President^ Winchester,
Mass.; Geo. F. Eyaue^ Assistant GenercU Manager^ Boston, Mass.; Solomon
Lincoln, General Counnl^ Boston, Mass.; Wm. J. Hobbs, General Auditor^
Maiden, Mass. ; D. W. Sanborn, General Superintendent^ Boston, Mass. ;
M. T. Donovan, Gefteral Freight Agent ^^Qva^xa^^^ Mass.; D. J. Flanders,
General Passenger and Ticket Agent^ Maiden, Mass.; Amos Blanchard,
TVeasurer^ Andover, Mass.; Sigoumey Butler, Clerk of Corporation^
Boston, Mass.
NAMB AND BB8IDBNCB OF DIBBCT0B8 LAST BLBCTBD.
Lucius Tuttle, Boston, Mass. ; Samuel C. Lawrence, Medf ord, Mass. ;
Joseph S. Ricker, Portland, Me. ; George M. Pullman, Chicago, 111. ;
Richard Olney, Boston, M:)ss.; William T. Hart, Boston, Mass.; A. W.
Sulloway, Franklin, N. H.; Joseph H. White, Brookline, Mass.;
Walter Hunnewcll, Wellesley, Mass. ; Henry R. Reed, Boston, Mass. ;
Aretas Blood, Manchester, K. H.; Lewis Cass Ledyard, Kew York,
K. Y.; Henry M. Whitney, Brookline, Mass.; Henry F. Dimock, New
York, N. Y.; William Whiting, Holyoke, Mass.; John A. Hall, Spring-
field, Mass.
PBOPBB ADDRBSS OF THB COMPANY.
BOSTON <fc MAINE RAILROAD,
Boston, Mass.
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30 RAILROAD COMMIl}8IONKE»' REPORT.
LUCIUS TUTTLE,
President^,
T. A. MACKINNON,
First Vice-Preddtnt.
AMOS BLANCHARD,
Treasurer,
WM. J. HOBBS,
General AudUor,
COMMOKWEALTH OF MASSACHUSETTS.
Suffolk ss. October 8, 1896. Then personally appeared Luoina
Tuttle, T. A. Mackinnun, Amos Blanchard, and W. J. Hobbs, and
seyerally made oath to the truth of the foregoing statement by them
subscribed, according to their best knowledge and belief.
A. WBTHEKELL DRAPER,
Justice of the Peace.
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BAILROAD OOMinSSIONBBS' REPORT.
31
REPORT
OF THE
PORTSMOUTH & DOVER RAILROAD
FOR THE YEAR ENDING JUNE 30, 1806.
GENERAL EXHIBIT FOR THE TEAR.
The Portaroouth & Dover Railroad is leased to the
Eastern Railroad in New Hampshire, and fcuaranteed
bj the Eastern Railroad Company of Massachusetts,
which was purchased by the Boston A Maine Railroad
inlSUO.
Income from lease of road
Miscellaneous income, less expense
$46,140.00
151.33
Total income
Net income
Dividends declared, 6 per cent
Surplus for year ending June 30, 1896 . . . .
Balance pront and loss account June 80, 1R06, surplus .
Balance profit and loss account June 80, 1896, surplus .
GENERAL BALANCE SHEET.
Cost of road $768,400.00
Total permanent investments
Cash
Bills receivable
Total cash and current assets
Total
$46,201.38
$46,^1.83
46,140.00
$151.88
4,064.29
4,215.62
$768,400.00
4,248.62
600.00
$773,248.62
$773,248.62
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32
RAILROAD OOMMMSIONRRB' BBPORT.
CAPITAL STOCK.
Common $769,000.00
Total capital stock
Dividends not called for
Total current liabilities
Profit and loss balance
Capital stock authorized by charter $709,000.00
Capital stock authorized by votes of com-
pany 760,000.00
Capital stcick issued (number of shares
7,690); amount paid in
Total amount paid in as per books of the company
Total number of stockholders ... 192
Number of stockholders in New Hamp-
shire 160
Amount of stock held in New Hamp-
shire $518,200.00
DESCRIPTION OF ROAD OWNED.
Main line of road from Portsmouth to Dover
Main line of road in New Hampshire ....
Total road belonfrin^; to this company ....
Sidinpt and other tracks not before enumerated .
Same in New Hampshire
Total lenfTth of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails
(Weight per yard, 08 lbs.)
$769,000.00
88.00
$766,088.00
4.215.62
$778,^18.68
769,000.00
$769,000.00
10.88 miles.
10.88
10.88
1.64
1.64
12.52
12.52
10.88
GENERAL INFORMATION.
Highway and Railroad Crossings in New Hampshire on Miles
of road owned,
Nnnber of crossings on highways at grade .
Number of crossings on highways over railroad .
Nombfr of crossings on highways under railroad .
Number of highway bridges less than 18 feet above track
Height of lowest bridge above the rails .
Number of crossings at which gates or flagmen are
maintained
Number of crossings at which there are neither signals
nor flagmen
11
1
1
1
17-6
5
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RAILROAD commissioners' REPORT. 33
NAME AND RESIDENCE OF OFFICERS.
Frank Jones, President^ Portsmouth, N. H. ; A. F. Howard, Treasurer^
Portsmouth, N. H. ; Calvin Page, Clerk of Corporation^ Portsmouth,
N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Frank Jones, Portsmouth, N. H. ; J. Albert Walker, Portsmouth,
N. H.; Calvin Page, Portsmouth, N. H.; William O. Junkins,
Portsmouth, N. H. ; Frank A. Christie, Dover, N. H. ; William D. Saw-
yer, Dover, N. H. ; William P. Nason, Dover, N. H.
PROPER ADDRESS OF THE COMPANY.
PORTSMOUTH &, DOVER RAILROAD.
Portsmouth, N. H.
FRANK JOiraS,
President,
A. F. HOWARD,
Treasurer,
State of New Hampshire.
Rockingham ss. August 14, 1896. Then personally appeared Frank
Jones, president, and A. F. Howard, treasurer of the Portsmouth &
Dover Railroad, and severally made oath to the truth of the foregoing
statement by them subscribed, according to their best knowledge and
belief.
WALLACE D. SMITH,
Justice of the Peace,
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RAILROAD COUiaSSIOXERS' REPORT.
REPORT
OF THE
NORTHERN RAILROAD COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
GENERAL EXHIBIT FOR THE YEAR.
$158,420.00
Income from lease of road
Interest on bonds owned, $100,000 Peter-
borough <& Hillsborough R. R., 4^s .
Miscellaneous income, less expense
Totol income
Salaries and maintenance of organization
Total deductions ....
4,500.00
1,816.05
$3,470.97
Net income
Dividends declared, 6 per cent
Deiicit for year ending June 80, 1896 ....
Balance profit and loss account June 80, 1896, surplus
Total profit and loss account, surplus
Deduct loss on sale of Northern Pacific R. R. bonds
Balance profit and loss account June 80, 1896, surplus .
$164,816.05
8,47097
$161,845.08
179,871.00
$18,525.02
194,679.56
$176,163.64
850.00
$175,808.64
GENERAL BALANCE SHEET.
Cost of road
Bonds of Peterborough & Hillsborough R. R.
Stock of Northern R. R., 625 shares
Stock of Northern Pacific R. R., 70 shares pref.
Cash
Bills receivable
Total
Capital stock $3,068,400.00
Total capitol stock
$3,068,400.00
100,000.00
24,879.72
1,855.00
51,481.65
476.53
$8,246,592.90
8,068,400.00
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RAILROAD COHinSSIOMEJW' REPORT.
85
Current liabilities:
Dividends not called for
Total accrued liabilities .
Profit and loss balance ....
$2,880.26
$2,880.26
175,808.64
Total
$3,246,602.00
CAPITAL STOCK.
Capital stock authorized by votes of com-
pany $8,068,400.00
Total amount paid in as per books of the company
Total number of stockholders . 2,048
Number of stockholders in New Hampshire 1,064
Amount of stock held in New Hampshire $1,186,000.00
$3,068,400.00
NAME AND BBSIDBNCE OF OFFICERS.
Alvah W. SuUoway, President, Franklin, N. H. ; George U. Crocker,
Treasurer^ Boston, Mass. ; William L. Foster, Clerk of Corporation^ Con-
cord, N. H.
NAME AND BESIDENCE OF DIRECTORS LAST ELECTED.
Alvah W. Sulloway, Franklin, N. H. ; Josiah H. Benton, Jr., Silas
Pierce, Benjamin P. Cheney, and Uriel H. Crocker of Boston, Mass.,
Dexter Richards of Newport, N. H., and William F. Thayer of Con-
cord, N. H.
PBOPEB ADDRESS OF THE COMPANY.
NORTHERN RAILROAD.
10 Milk Stbeet, Boston, Mass.
ALVAH W. SULLOWAY,
President,
GEORGE U. CROCKER,
TrecLsurer,
State of Massachusetts.
Suffolk ss. October 6, 1806. Then personally appeared Alvah W.
Sulloway and George U. Crocker and severally make oath to the truth
of the foregoing statement by them subscribed, according to their best
knowledge and belief.
URIEL H. CROCKER,
Justice of the Peace,
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RAILROAD COICM18SIONERS' REPORT.
REPORT
OF THE
EASTERN RAILROAD IN NEW HAMP-
SHIRE
FOR THE YEAR ENDING JUNE 80, 1896.
OBNSBAL EXHIBIT FOB THE YEAR.
Income from lease of road ....
Diyidends on stocks owned ....
Miscellaneous income, less expense
Total income
Salaries and maintenance of organization
Net income
Dividends declared, 3 per cent.
Surplus for year ending June 80, 1806
$22,600.00
13.60
100.00
$22,613.60
441.80
$22,171.70
22,162.60
$9.20
CAPITAL STOCK.
$760,000.00
Capital stock authorized by charter
Capital stock authorized by votes of com-
pany 738,760.00
Capital stock issued (number of shares 7,387i).
Total number of stockholders 376
Number of stockholders in New Hampshire . . 202
Amount of stock held in Ne^ Hampshire, $476,460.00
NAME AND BE8IDENCE OF OFFICERS.
Moody Currier, PreHdent^ Manchester, N. H.; Edward A. Abbot,
TVeomtrer, Concord, N. H. ; John Sise, Clerk qf CorporcUion^ Ports-
mouth, N. H*
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RAILROAD commissioners' REPORT. 37
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Moody Currier, Manchester, X. H. ; Dexter Richards, Newport, N. H. ;
Edward A. Abbot, Concord, N. H. ; Franlc A. Philbrick, Rye, N. H. ;
Samuel C. Eastman, Concord, N. H.; Edward L. Giddings, Beverly,
Mass.; Wm. H. Groodwin, Boston, Mass.
PROPER ADDRESS OF THE COMPANY.
THE EASTERN RAILROAD IN NEW HAMPSHIRE.
52 Oliver St., Boston, Mass.
MOODY CURRIER,
PreHdent.
EDWARD A. ABBOT,
Treasurer,
State of New Hampshire.
HiLLSROROUGH ss. August 29, 1896. Then personally appeared
Moody Currier, president, and Edward A. Abbot, treasurer, and
severally made oath to the truth of the foregoing statement by them
subscribed, according to their best knowledge and belief.
HENRY CHANDLER,
Justice qf the Peace,
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88
RAILROAD commissioners' REPORT.
REPORT
OP THE
NASHUA & LOWELL RAILROAD COM-
PANY
FOR THE YEAR ENDING JUNE SO, 1806.
GENERAL EXHIBIT FOR THE TEAR.
Income from lease of road $73,000.00
Interest on notes owned .... 6,000.00
Miscellaneous Income, less expense 2,634.34
Total income
Salaries and maintenance of organization $1,706.75
Interest on funded debt accrued . 5,000.00
Total deductions
Net income
Dividends declared, 0 per cent
Surplus for year ending June 30, 1805 ....
Balance pront and loss account June 30, 1806, surplus .
Total profit and loss account, surplus
Balance profit and loss account June SO, 1806, surplus .
$80,634.31
6,706.75
$73,027.56
72,000.00
$146,550.29
1,927.56
$148,477.85
$148,477.85
GENERAL BALANCE SHEET.
Cost of road
Cost of equipment
$684,242.07
218,242.95
Total permanent investments .
Cash
Bills receivable
Due from solvent companies and other
individuals
' $4,341.08
100,000.00
43,006.25
$002,485.02
Total cash and current assets .
.
147,347.83
Total
$1,049,832.35
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RAILROAD commissioners' REPORT.
39
Capital stock, common ....
Funded debt
Current liabilities:
Dividends not called for . ,
Matured interest coupons unpaid (In-
cluding coupons due July 1)
Total current liabilities
Profit and loss balance
$1,342.50
12.00
$800,000.00
100,000.00
1,354.50
148,477.85
Total $1,049,882.35
CAPITAL STOCK.
$800,000.00
Capital stock authorized by charter
Capital stock authorized by votes of com-
pany 800,000.00
Capital stock issued (number of shares 8,000).
Capital stock paid in on shares not issued (number of
shares 8,000).
Total amount paid in as per books of the company
Total number of stockholders . . . 8fiP7
Kumber of stockholders in New Hamp-
shire 188
Amount of stock held in New Hamp-
shire $246,100.00
$800,000.00
FUNDED DEBT.
Funded debt as follows:
5 per cent, bonds due July 1, 1900 ; rate of interest 5
per cent
Interest paid on same during the year, $5,000.00
Total amount of funded debt
$100,000.00
$100,000.00
DESCRIPTION OF ROAD OWNED.
Main line of road from Nashua to Lowell.
Main line of road in New Hampshire
Main line of road in Massachusetts .
Double track on main line
Total road belonging to this company .
5.25 miles.
9.25 "
14.50 "
39.33 "
NAME AND RESIDENCE OF OFFICERS.
Francis A. Brooks, President^ Boston, Mass.; C. £. A. Bartlett,
Auditory Chelmsford, Mass. ; W. W. Bailey, Treasurer^ Nashua, N. H. ;
W. A- Levering, Clerk of Corporation^ Nashua, N, H.
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40 RAILROAD COMMISSIONERS* REPORT.
NAME AND BEBIDBNCE OF DIRECTORS LAST ELECTED.
F. A. Brooks, Boston, Mass. ; C. B. A. Bartlett, Chelmsford, Mass. ;
W. W. Bailey, Nashua, N. H.; A. S. Hall, Winchester, Mass.; E. A.
Newell, Wilton, N. H.
PROPER ADDRESS OF THE COMPANY.
NASHUA & LOWELL RAILROAD CORPORATION,
Nashua, N. H.
FRANCIS A. BROOKS,
President.
W. W. BAILEY,
Treasurer,
Commonwealth of Massachusetts.
Suffolk ss. Boston, August 7, 1806. Then personally appeared
Francis A. Brooks and W. W. Bailey, and severally made oath to the
truth of the foregoing statement by them subscribed, according to
their best knowledge and belief.
C. E. A. BARTLETT,
Justice of the Peace,
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RAILROAD COMMISSIONERS' REPORT.
41
REPORT
OF THE
PETERBOROUGH & HILLSBOROUGH
RAHiROAD COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
GENERAL BALANCE SHEET.
Cost of road $209,298.44
Total permanent Investments
Other assets. Northern R. R. . . $925.00
Total other assets
Profit and loss balance
Total
Capital stock :
Common $45,000.00
Total capital stock
Funded debt
Current liabilities:
Matured interest coupons unpaid (in-
cluding coupons due July 1)
Gratuity
Total
CAPITAL STOCK.
Capital stock authorized by charter . $200,000.00
Capital stock authorized by votes of com-
pany 45,000.00
Capital stock issued (number of shares,
450) amount paid in ... . 45,000.00
Total amount paid in as per books of
tlie company
Total number of stockholders 1
Number of stockholders in New Hamp-
shire 1
Amount of stock held in New Hamp-
Bhire $45,000.00
$209,298.44
925.00
120,588.83
$880,807.27
$45,000.00
165,000.00
112,181.25
8,626.02
$380,807.27
$45,000.00
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RAILROAD commissioners' REPORT.
FUNDED DEBT.
Funded debt as follows:
$100,000 bonds due April 30, 1887; rate of interest,
4^ per cent.
$66,000 bonds due April 80, 1887, rate of interest, 7
per cent
Total amount of funded debt ....
$100,000.00
65,000.00
$165,000.00
NAME AND BE8IDBNCE OF OFFICERS.
Alvah W. Sulloway, President, Franklin Falls, N. H.; George U.
Crocker, Treasurer^ Boston, Mass. ; Walter D. Hardy, Clerk of Corpora-
tion^ Franklin, N. H.
NAME AND BESIDENCE OF DIBECT0R8 LAST ELECTED.
Alvah W. Sulloway, Franklin Falls, N. H. ; H. E. Gbamberlin, Con-
cord, N. H.; Enoch Gerrisb, Concord, N. H.; Fred H. Daniell
Franklin, N. H. ; Wyman Pattee, Enfield, N. H. ; William Power Wil-
son, Boston, Mass. ; and J. B. Whittemore, Hillsborough Bridge, N. H.
PBOPBB ADDRESS OF THE COMPANY.
PETERBOROUGH & HILLSBOROUGH RAILROAD.
10 Milk Street, Boston, Mass.
ALVAH W. SULLOWAY,
President,
GEORGE U. CROCKER,
Treasurer.
Commonwealth of Massachusetts.
Suffolk ss. Boston, Oct. 28, 1806. Then personally appeared A.
W. Sulloway and George U. Crocker, and severally made oath to the
truth of the foregoing statement by them subscribed, according to
their best knowledge and belief.
URIEL H. CROCKER,
Justice of the Peace,
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RAILROAD commissioners' RSPORT.
48
REPORT
OF THE
PETERBOROUGH RAILROAD COMPANY
FOR THE YEAR ENDING JUNE 30, 18»6.
GENERAL EXHIBIT FOR THE YEAR.
Income from lease of road $15,700.00
Interest on deposits 88.65
Total income
Salaries and maintenance of org^ization $182.75
Total deductions
Net income
Dividends declared, 4 per cent
Surplus for year endinji^ June 30, 1896 ....
Balance profit and loss account June 30, 1896, surplus .
Total profit and loss account, surplus
Balance profit and loss account June 30, 1896, surplus .
$15,788.65
182.76
$16,605.90
15,400.00
$205.90
212,987.02
$213,142.92
$213,142.92
GENERAL BALANCE SHEET.
Cost Of road $595,194.00
Total permanent investments
Cash $3,170.92
Total cash and current assets
Total
Capital stock:
Common $385,000.00
Total capital stock
$595,194.00
3,170.92
$598,864.92
$385,000.00
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RAILROAD commissioners' REPORT.
Current liabilities:
Dividends not called for $222.00
Total current liabilities
Profit and loss balance
Total
$222.00
218,142.02
$598,364.92
CAPITAL STOCK.
$600,000.00
Capital stock authorized by charter
Capital stock authorized by votes of com-
pany 600,000.00
Capital stock Issued (number of shares 3,850); amount
paid in
Total amount paid in as per books of the company
Total number of stockholders 326
Number of stockholders in Kew Hampshire . . 286
Amount of stock held in New Hampshire $293,100.00
$385,000.00
$385,000.00
DESCRIPTION OP ROAD OWNED.
Main line of road from Wilton, N. H., to Greenfield
N. H
Main line of road in New Hampshire ...
Total road belonging to this company .
Total length of tracks laid with steel rails .
Number of stations on all roads owned by this company
Same in New Hampshire
10.50 miles.
10.60 "
10.50 "
10.50 *•
4
4
NAME AND RESIDENCE OF OFFICERS.
Virgil C. Gilman, President^ Nashua, N. H,; Wm. E. Spalding,
Auditor^ Nashua, N. H.; G. C. Shattuck, jyeasurer, Nashua, N. H.;
H. W. Ramsdell, Clerk of Corporation^ Nashua, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Virgil C. Gilman, Geo. A. Ramsdell, Henry A. Cutter, Geo. F.
Andrews, Nashua, N. H. ; Thomas B. Eaton, Worcester, Mass. ; C. E. A.
Bartlett, Chelmsford, Mass. ; Geo. H. Ball, Boston, Mass.
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RAILROAD commissioners' REPORT. 45
PBOPEB ADDRESS OF THE COMPANY.
PETERBOROUGH RAILROAD.
Kashua, N. H.
VIRGIL C. GILMAN,
President.
G. C. SHATTUCK,
Treasurer,
State of New Hampshire.
Hillsborough ss. Nashua, August 26th, 1890. Then personally
appeared Virgil 0. Gilman, president, and G. 0. Shattuck, treasurer,
and severally made oath to the truth of the foregoing statement by
them subscribed, according to their best knowledge and belief.
CHARLES W. HOITT,
Justice of the Peace,
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46
RAILROAD COMMISSIONERS REPORT.
REPORT
OP THE
CONCORD & CLAREMONT RAILROAD
COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
GBNEBAL EXHIBIT FOB THE YBAB.
Income from lease of road $22,600.00
Total income
Interest and discount on interest bearing current liabil-
ities
GENERAL BALANCE SHEET.
Cost of road
Total other assets .
Total
Capital stock:
Common $412,400.00
Total capital stock
Funded debt:
First mortgage bonds
Accrued liabilities:
Northern K. R
Total
CAPITAL STOCK.
Capital stock authorized by votes of com-
pany $412,400.00
Capital stock issued (number of shares,
4,124); amount paid in
Total amount paid in as per books of the company
Total number of stockholders .... 11
Number of stockholders in New Hamp-
shire 11
Amount of stock held in New Hamp-
shire $412,400.00
$22,500.00
22,500.00
$1,131,206.88
35,480.34
$1,166,645.72
$412,400.00
500,000.00
254,245.72
$1,166,645.72
$412,400.00
$412,400.00
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RAILROAD commissioners' REPORT. 47
FUKDED DEBT.
Funded debt as follows:
$500,000 bonds due Jan. 1, 1014, rate of interest, 4i
percent.
Interest paid on same during the year $22,500.00
Total amount of funded debt
$500,000.00
$500,000.00
NAME AND RESIDENCE OF 0FFICBB8.
Alvah W. Sulloway, President^ Franklin Falls, N. H.; George U.
Crocker, Treasurer ^ Boston, Mass.; Greorge W.Stone, Clerk of Corporatiifn,
Andover, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Alvah W. Sulloway, Franklin Falls, N. H.; P. C. Cheney, Man-
chester, N. H. ; W. F. Daniell, Franklin, N. H. ; F. P. Vogl, Claremont,
N. H. ; A. E. Scott, Lexington, Mass. ; C. O. Stearns, Boston, Mass. ;
and Seth M. Richards, Newport, K. H.
PROPER ADDRESS OF THE COMPANY.
CONCORD & CLAREMONT, N. H. RAILROAD COMPANY.
10 Milk Street, Boston, Mass.
ALVAH W. SULLOWAY,
President.
GEORGE U. CROCKER,
Treasurer,
Commonwealth of Massachusetts.
Suffolk ss. Boston, Oct. 28, 1806. Then personally appeared A.
W. Sulloway and George U. Crocker, and severally made oath to the
truth of the foregoing statement by them subscribed, according to
their best knowledge and belief.
URIEL H. CROCKER,
Justice of the Peace,
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48
RAILROAD commissioners' REPORT.
REPORT
OP THE
WILTON EAILROAD COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
GENERAL EXHIBIT FOB THE TEAB.
Income from lease of road to Boston &
Maine R. R., 99 years from Oct, 1888 $20,400.00
Total income
Net income
Dividends declared, 8i per cent.
Balance profit and loss account June
80, 1896, surplus or contingent fund .
$20,400.00
20,400.00
1,000.00
GENERAL BALANCE SHEET.
Cost of road
Cask .
Total
Capital stock :
Common $240,000.00
Never capitalized, but paid out of first
earnings of road 2,600.00
Total capital stock
Current liabilities:
Dividends not called for
Contingent fund
Total current liabilities
Total ....
$1,770.50
1,000.00
$242,600.00
2,770.50
$245,870.60
$242,600.00
2,770.50
$245,370.50
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RAILROAD commissioners' REPORT,
49
CAPITAL STOCK.
Capital stock authorized by cliarter
Capital stock authorized by votes of com-
pany
$250,000.00
240,000.00
Total amount paid in as per books of the company
Total number of stockholders 233
Number of stockholders in New Hampshire . . 200
Amount of stock held in New Hampshire, 2,073 shares.
$240,000.00
DESCRIPTIOK OF BOAD OWNED.
Main line of road from Nashua, N. H., to Wilton, N. H.
Main line of road in New Hampshire ....
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails, 13 miles, 4i
inch, 72 lb. rail, 2i miles, 4 inch, 60 lb. rail
15.50 miles.
15.50 '*
16.50 *•
15.60
NAME AND RESIDENCE OF OFFICERS.
Solomon Spalding, President, Nashua, N. H. ; G. C. Shattuck, Auditor,
Nashua, N. H. ; Wm. E, Spalding, Treasurer, Nashua, N. H. ; David
Whiting, Clerk of Corporation, Wilton, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Solomon Spalding, Nashua, N. H.; George A. Ramsdell, Nashua,
N. H.; John A. Spalding, Nashua, N. H.; Harry A. Whiting, Wilton,
X. H. ; George O. Whiting, Lexington, Mass.
PROPER ADDRESS OF THE COMPANY.
WILTON RAILROAD COMPANY,
Nashua, N. H.
SOLOMON SPALDING,
President,
WM. E. SPALDING,
Treasurer,
State of New Hampshire.
Hillsbobouoh bs. Nashua, Sept. 15, 1896. Then personally
appeared Solomon Spalding, president, and Wm. E. Spalding, treas-
urer, and severally made oath to the truth of the foregoing statement
by them subscribed, according to their best knowledge and belief.
W. A. FARLET,
Justice of the Peace,
4
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RAILROAD commissioners' REPORT.
REPORT
OF THE
MAmE CEN-TRAL RAILROAD COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT
FOR THE TEAR.
Gross earnings from operation .
$5,010,618.65
Less operating expenses .
.
3,271,672.70
Income from operation
.
.
$1,738,945.85
Interest on bonds owned :
Maine Central R. R.
• • >
$35.00
Dividends on stock owned:
Portland & Rochester R. R.
...
282.00
Portland & Ogdensburg Railway .
3,963.60
Knox & Lincoln Railway
. .
10,000.00
St. John Bridge & Extension Co. .
1,000.00
Bridgton & Saco River R. R. Co. .
200.00
Miscellaneous income, less ex
penses
)S
11,079.51
Income from other source
.
26,560.11
Total income
$1,765,506.06
Deductions from income:
Interest on funded debt accrued dur-
ing the year .
. . .
$616,231.68
Interest and discount on interest bear-
ing current liabilities .
.
21,602.30
Taxes ....
. .
97,779.21
Rentals:
European & No. Ameri-
can Ry
$165,600.00
Belfast & Moosehead Lake
86,000.00
Eastern Maine R. R.
18,000.00
Dexter & Newport R. R.
9.500.00
Portland & Ogdensburg
Ry
202,300.76
Dexter <& Piscataquis
R. R
13,350.00
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RAILROAD commissioners' REPORT.
51
Upper Coos R, R. .
Hereford Ry. .
Knox & Lincoln Ry.
$61,375.00
64,500.00
78,990.14
$649,515.90
Total deductions from income
Net income
Dividends declared, 6 per cent, on common stock .
Surplus for the year ending June 80, 1896
Balance profit and loss account June 80, 1895, surplus
Total profit and loss account, surplus
Premium on bonds sold ....
Interest on sinking funds ....
Sundry accounts
$1,885,129.09
$880,376.87
298,524.00
$81,852.87
612,669.94
$694,522.81.
Total
$1,308.70
12,416.33 I
5,000.00 j
$18,725.03
$42,879.00
2,243.74
$44,622.74
Balance profit and loss account June 30, 1896,
surplus
Premium on bonds purchased .
Sundry accounts
25,897.71
EARKING8 FROM OPERATION.
Passenger revenue
Total passenger revenue
Mail
Express
Extra baggage and storage
Total passenger earnings .
Freight revenue
Total freight revenue ....
Total freight earnings
Total passenger and freight earnings
Other earnings from operation:
Rents from tracks, yards, and terminals
Total gross earnings from operation
$668,625.10
$1,939,047.65
$1,939,047.65
171,599.30
74,200.00
25,669.36
$2,210,516.31
$2,774,802.24
$2,774,802.24
$2,774,802.24
$4,985,318.55
25,300.00
$5,010,618.55
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RAILROAD COMMISSIONERS^ REPORT.
OPEBATINO BXPBH8B8.
Maintenance of way and structures:
Repairs of roadway
Renewals of rails
Renewals of ties
Repairs of bridges and culverts
Repairs of fences, road crossings, and cattle guards .
Repairs of buildings
Repairs of docks and wharves
Total
Maintenance of equipment:
Repairs and renewals of locomotives ....
Repairs and renewals of passenger cars
Repairs and renewals of freight cars ....
Shop, machinery, tools, etc
Other expenses
Total
Conducting transportation :
Wages of enginemen, firemen, and roundhousemen .
Fuel for locomotives
Water supplies for locomotives
All other supplies for locomotives ....
Wages of other trainmen
All other train supplies
Wages of switchmen, flagmen, and watchmen .
Expense of telegraph, including train dispatchers
and operators
Wages of station agents, clerks, and laborers
Station supplies
Car mileage — ^balances
Loss and damage
Injuries to persons
Steamboats, expenses of, including wages, fuel, and
supplies
Other expenses
Total
(General expenses:
Salaries of officers )
Salaries of clerks )
General office expenses and supplies ....
Insurance
Legal expenses
Stationery and printing
Total
Recapitulation of expenses:
Maintenance of way and structures ....
Maintenance of equipment
$471,394.50
111,050.54
90,434.89
82,023.56
26,556.84
92,800.29
7,379.74
$891,630.36
$176,438.19
106,100.57
152,225.20
14,821.08
15,413.17
$464,998.21
$278,407.89
403,170.26
21,019.54
15,679.80
200,334.42
69,508.39
135,042.03
56,092.11
235,352.65
73,024.08
92,245.01
14,448.78
43,818.78
54,626.10
52,452.97
$1,780,086.11
$78,064.65
14,619.16
30,805.07
10,696.43
5,750.71
$134,958.02
$891,630.36
464,998.21
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RAILROAD commissioners' REPORT.
53
Conducting transportation ....
Greneral expenses
Grand total
Percentage of earnings to operating expenses
$1,780,086.11
184,058.02
$3,271,672.70
65
PBOPERTT accounts: CHARGES AND CREDITS
DUBIHO THE TEAR.
Grading and masonry
Bridging
Superstructure, including rails
Lands, land damages, and fences
Passenger and freight stations, woodsheds and water-
stations
Total for construction
Other expenditures charged to property account:
Improvements put on rolling stock in compliance
with ''Safety Appliance Act'' of March 2, 1893
Total charges to property accounts .
Net addition to property account for the year
I-
GENERAL BALANCE SHEET.
Cost of road $12,240,922.40
Cost of equipment 2,202,126.67
Bonds of Maine Central R. R. Co. . 500.00
Stock of Portland & Rochester R. R. Co. 4,700.00
Portland A Ogdenshurg Ry. . 79,272.00
Knox <fe Lincoln Ry. . . 200,000.00
St. John Bridge A Extension Co. 20,000.00
Portland, Mt. Desert A Machias
Steamboat Co 121,000.00
Portland Union Ry. Station Co. 25,000.00
Sebasticook A Moosehead R. R.
Co 8,000.00
Northern Maine R. R. Co. . 27,503.97
Phillips A Rangeley R. R. Co. . 25,000.00
Kingsfleld A Dead Riyer R. R.
Co 9,500.00
" Bridgton A Saco Riyer R. R. Co. 5,000.00
Other permanent inyestments (see foot
note) 8,047,848.74
Total permanent investments
$76,013.41
12,a59.58
89,082.29
4,486.25
2,088.74
$188,575.22
82,825.81
$265,900.58
$265,900.58
$28,024,878.87
Aadroaooggfn R. B.
dettsbarg Ry. improTement,
European A No. American Ry. lease,
$1,0KMK1J(7; Portland & Ogdensbnrg &y. lease. $1,008,709.58; Portland & Og-
~ty. improTement, $06S,649.97; Portland A Ogdensbnrg Ry. extension,
Dexter^ & Plscataqais R. R. lease, $239,704.86; Upper CoOs R. R.
lease, $480,488.98; Upper CoOs k. R. extension, $718,900.62; Hereford Ry. lease,
$8B1,«M.1S; Knox A Lincohk Ry. lease, $1,806,861.26.— Total, $8,047,848.74.
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RAILROAD COMMISSIONERa' REPORT.
Cash $261,128.59
Bills receivable
Due from ai^ents
Net traffic balance from other companies
Due from solvent companies and other
individuals
120,000.00 I
112,286.51 !
80,509.97
157,552.08
Total cash and current assets
Other assets:
Materials and supplies ....
Sinking fund
New rolling stock
Boston Sa& Deposit & Trust Co., de-
Eosit for payment of bonds matured
nt not presented ....
Total other assets
Total
Capital stock:
Common $4,975,400.00
Unissued 8,100.00
Total capital stock
Funded debt of Maine Central R. R. Co.
Bonds guaranteed by Maine Central R. R. Co.
Current liabilities:
Loans and bills payable $923,000.00
Audited vouchers and accounts 344,408.29
Wages and salaries 174,466.91
Dividends not called for . 10,491.84
Matured interest coupons unpaid (in-
cluding coupons due July 1) . 114,236.00
Total current liabilities
Accrued liabilities:
Accrued rentals not yet due . $116,750.03
Accrued interest not yet due 126,335.81
Maine Central stock script . . . 1,300.00
Maine Central interest script 8,192.00
Androscoggin A Kennebec stock bonds 11,000.00
Total accrued liabilities
Injury fund
Profit and loss balance
Total
$740,427.15
$651,016.05
851,075.16
200,989.75
15,624.00
1,218,704.96
$24,984.005.96
$4,983,500.00
10,781,700.00
6,670,000.00
1,566,603.04
263,577.84
50,000.00
668,625.10
$24,984,005.96
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RAILROAD commissioners' REPORT.
55
CAPITAL STOCK.
Capital stock authorized by charter . $10,000,000.00
Capital stock authorized by votes of com-
pany 4,076,700.00
Capital stock issued (number of shares 49,754) ; amount
paid in . . r
Capital stock paid in on shares not issued (number of
shares, 13)
Total amount paid in as per books of the company
Total number of stockholders .... 819
Number of stockholders in New Hampshire . 45
Amount of stock held in New Hampshire $96,000.00
$4,975,400.00
1,800.00
$4,976,700.00
2,110,784
84,161,487
89.87
PASSENGER, FBSIOHT AND TRAIN MILRAOE.
Passeneer traffic:
Number of passengers carried earning
reyenue
Number of passengers carried one mile
Average of distance carried .
Total passenger revenue ....
Average amount received from each passenger
Average receipts per passenger per mile
Passenger earnings per mile of road
Passenger earnings per train mile
Freight trafiSc:
Number of tons carried of freight earn-
ing reTcnue
Number of tons carried one mile .
Avera(<e distance haul of one ton .
Total freight revenue
Averag^e amount received for each ton of freight
Average receipts per ton per mile
Preigtit earnings per mile of road
Freight earnings per train mile ....
Train mileage:
Miles run by passenger trains ....
Miles run by freight trains
2,678,208
207,890,987
77.48
$1,989,047.65
.91866
.02804
2,716.42
1.26876
12,774,802.24
1.08606
.01388
8,409.87
IS'
Total mileage trains earning revenue
Miles run by switching trains
Miles run by construction and other trains
Total train mileage
Average number of persons employed .
1,756,098
1,498,204
8,254,297
1,171,427
820,500
4,746,224
8,401
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56
RAILROAD commissioners' REPORT.
DESGBIPTIOir OF HOAD OWNED.
Main line of road from Portland to Bangor .
Main line of road from Brunswick to Bath
Main line of road from Cumberland to Skowliegan
Main line of road from Leeds Junction to Farmington
Main line of road from Penobscot Junction to Mount
Desert Ferry
Double track on main line
Total road belonging to tbis company
Sidings and other tracks not before enumerated .
Total length of track owned, computed as single track
Total length of tracks laid with steel rails
(Weights per yard, 75 lbs.)
ISaM miles.
8.00
01.20
36.40
41.13
82.80
347.03
126.14
473.17
478.17
Roads cmd Branches belonging to other Companies^ oper-
ated by this Company under lease or contract, the opera-
tions of which are included in this Return,
European & North American Ry
Portland & Ogdensburg Ry
Androscoggin R. R
Belfast & Moosehead R. R
Dexter & Newport R. K
Dexter & Piscataquis R. R
Knox A Lincoln Ry
Upper Coos R. R
Hereford Ry
Eastern Maine R. R.
Total length of above roads
Total length of above roads in New Hampshire
" " '» Maine . . . .
" *» ** Vermont
" •' *' Canada . . . .
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations in New Hampshire, on all roads
operated by this company
Number of telegraph offices in same ....
Number of stations on all roads ovmed by this company
120.84 miles.
100.10
31.00
33.13
14.23
16.54
48.80
55.00
53.00
18.80
400.53
00.81
333.53
13.85
52.34
813.76
00.81
21
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BAILROAD COMMISSIONER^' REPORT.
67
DBSCRIPTION OF EQUIPMENT.
1
1
1
1
f
i
1
11
|i
lil
11
PnjuiAiKPAr InnomrktlvAft
68
78
36
162
68
78
96
92
90
72
76
74
64
68
60
4
27
86
9
Prelffht •*
Other " ;.
TotAl
162
121
72
Passenger cftrs >
146
19
68
6
284
146
19
68
6
lbs.
48,000
40.000
62,000
lbs.
40,500
87,000
42,600
146
19
68
6
146
Oombination cant
18
Baggagre, mall, and express cars. .
Sleeping cars (emigrant cars)
68
8
Xotal
284
284
281
Box freight cars (basis of 8 wheels)
Stock freight oars "
Coal freight cars **
Flat freight cars "
Other freight oars "
m
71
2ft0
2,179
18
884
71
260
24,200
26,000
24,000
19.000
86,000
22,800
22,600
22,000
18,800
28,600
106
108
8
474
8
488
Total
8,897
8,897
600
604
GraTel oars in company's service
Derrick cars *'
70
19
70
898
70
19
70
898
9.400
20,000
81,600
9,200
18,800
80,600
Caboose cars "
Other road oarii **
Total
667
667
LIST OF ACCIDENTS.
From causes beyond
their own control
(in New Hampshire).
From their own
misconduct or
carelessness (in
New Hampshire).
Total in
New
Hampshire.
Total on
whole road
operated.
Killed.
1
9
s
Injured.
1
s
1^
1
f
M
Passengers . .
1
8
8
8
Employes...
Others
1
1
1
1
1
10
1
0
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RAILROAD commissioners' REPORT.
STATEMENT OF EACH ACCIDENT IN NEW HAMPSHIRE.
Brakeman killed by falling from train.
Employ^ injured while coupling cars.
Boy, playing in yard, injured by switching engine.
New bridges of over ten feet span built within the year on roads oper-
ated in New Hampshire {including those replacing old structures and
those built where none brfore existed.)
Location.
To Replace.
Scott's Junction..
Lyman Brook ....
Wooden pile
[trestle
Wooden Howe
Simms Stream.. . .
Mohawk stream. .
14
Description.
Length of spans
and nnmber
of tracks.
Cost.
Steel deck plate
Steel throng]
[fflrder
igh
i plate girder
eck plate
[girder
Steel through
plate girder
64 ft., 6 in., sing.
68 ft., 10 in., sing.
56 ft., 9 in., sing.
68 ft., 9 in., sing.
$1,026.60
974.89
765.17
1,681.22
GENERAL INFORMATION.
Bridges on roads operated in New Hampshire.
Total length of pile and trestle bridging, iron trestle
1003 feet, wooaen trestle 84 feet
Bridges abolished during the year:
Scotts, pile trestle replaced by fill and steel plate
girder .
Number of new ties laid in New Hampshire:
On Portland & Ogdensburg Ry
On Upper Coos R. R
Tons of steel rails laid in New Hampshire, 407 tons of
75 lb. steel laid in place of 60 lb. steel near Sawyers
river
Side tracks laid in New Hampshire ....
BUILDINGS.
Quebec Junction, dwelling for section foreman
Waumbek Junction, new station
North Stratford, new station
** new freight house ....
1,087 feet.
130 •*
25,530 ties.
6,713 *'
407 tons.
7,288 feet.
27x30
16x36
18x47
20x65
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RAILROAD commissioners' REPORT. 59
NAME AND RESIDENCE OF OFFICERS.
Franklin A. Wilson, President^ Bangor, Me. ; Payson Tucker, Vice-
President and General Manager, Portland, Me. ; F. A, ^ilson, General
Ctmnsely Bangor, Me. ; Wm. W. Colby, General Auditor, Portland, Me. ;
E. A. Hall, Assistant Superintendent, Portland, Me.; W. S. Eaton,
General Freight Agent, Portland, Me. ; F. E. Boothby, General Passen-
ger Agent, Portland, Me. ; George W. York, Treasurer, Portland, Me.;
Josiah H. Drummond, Clerk of Corporation, Portland, Me.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
F. A. Wilson, Bangor, Me. ; Payson Tucker, Portland, Me. ; Lucius
Tuttle, Boston, Mass. ; Samuel C. Lawrence, Medford, Mass. ; Geo. M.
Pullman, Chicago, 111. ; Wm. G. Davis, Portland, Me. ; Joseph H.
Bicker, Portland, Me.; Lewis Cass Ledyard, New York, N. Y.;
Henry M. Whitney, Boston, Mass.; Henry R. Reed, Boston, Mass.;
Thomas W. Hyde, Bath, Me.; John Ware, Waterville, Me.; Francis W.
Hill, Exeter, Me.
PROPER ADDRESS OF THE COMPANY.
MAINE CENTRAL RAILROAD COMPANY.
Portland, Me.
PAYSON TUCKER,
Vice-President,
GEO. W. YORK,
Treasurer,
W. W. COLBY,
General Auditor.
State of Maine.
CuMRERLAND ss. September 11, 1896. Then personally appeared
Payson Tucker, George W. York, and Wm. W. Colby and severally
made oath to the truth of the foregoing statement by them subscribed,
according to their best knowledge and belief.
HORACE G. PARKMAN,
Justice of the Peace,
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60
RAILROAD commissioners' REPORT.
REPORT
OF THE
UPPER COOS RAILROAD COMPANY
FOB THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT POR THE TEAR.
Income from lease of road
Total income
Salaries and maintenance of organization $500.00
Interest on funded debt accrued . 45,185.00
Total deductions
Net income
Dividends declared, 6 per cent.
GENERAL BALANCE SHEET.
Cost of road
Cost of equipment
Total permanent investments
Capital stock:
Common $350,000.00
Total capital stock
Funded debt
ToUl
CAPITAL STOCK.
Capital stock authorized by charter, $350,000.00
Capital stock autliorized by votes of com-
pany 850,000.00
Capital stock issued (number of shares 3,500) ; amount
paid in
Total amount paid in as per books of the company
Total number of stockholders 23
Number of stockholders in New Hampshire . . 10
Amount of stock held in New Hampshire $261,700.00
$66,685.00
$66,685.00
45,685.00
$21,000.00
21,000.00
$1,161,478.12
231,521.88
$1,393,000.00
$350,000.00
1,043,000.00
$1,393,000.00
$350,000.00
$350,000.00
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RAILROAD commissioners' REPORT.
61
FUNDED DEBT.
Funded debt as follews:
First mortgage bonds due May 1, 1080, rate of in-
terest, 4 per cent
Interest paid on same during the year $14,000.00
First mortgage bonds due May 1, 1930, rate of in-
terest, 4i per cent.
Interest paid on same during the year $31,186.00
$850,000.00
603,000.00
Total amount of funded debt ; $1,043,000.00
DESCRIPTION OF ROAD OWNED.
Main line of road from Quebec Junction, K. H., to
Beecher's Falls, Yt
Total road belonging to this company
55 miles.
55 miles.
NAME AND RESIDENCE OF OFFICERS.
George Van Dyke, President, Lancaster, N. H, ; Payson Tucker,
General Manager, Portland, Me.; Irving W. Drew, General Counsel,
Lancaster, N. H.; T. S. McGowen, Treasurer, Boston, Mass.; C. B.
Jordan, Clerk qf Corporation, Lancaster, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
George Van Dyke, Lancaster, N. H. ; Frank Jones, Portsmouth, N.
H.; C. A. Sinclair, Portsmouth, N. H.; C. Howard, Boston, Mass.;
Irving W. Drew, Lancaster, N. H.; H. O. Kent, Lancaster, K. H.-
PROPER ADDRESS OF THE COMPANY.
UPPER coos RAILROAD,
17 State Street, Boston, Mass.
GEORGE VAN DYKE,
President.
T. S. McGOWEN,
Treasurer,
T. S. McGOWEN,
Auditor,
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62
RAILROAD COMMISSIONERS' REPORT.
REPORT
OP THE
FRANKLIN & TILTON RAILROAD
COMPANY*
FOR THE YEAR ENDING JUNE 30, 1896.
GBNEBAL EXHIBIT FOB THE YEAB.
Net receipts from outstanding accounts . $259.72
Total income
$259.72
Net income
$259.72
Surplus for year ending June 30, 1896 ....
Balance pront and loss account June 30,
1895, surplus
$259.72
4,640.88
Total profit and loss account, surplus
$4,900.60
Balance profit and loss account June 30, 1890, surplus
$4,900.60
GENEBAL BALANCE SHEET.
Cost of road .
Cash . . ■
$250,000.00
4,900.60
Total
$254,900.60
Capital stock:
common $250,000.00
Total capital stock
Profit and loss balance
$250,000.00
4,900.60
Total
$254,900.60
*The Franklin & Tilton Railroad was leased to the Concord A Montreal Rail-
road, Oct. 8, 1885, for the term of ninety-one (91) years from April 1, 1895, at the
nominal snm of one dollar annually, with soch additional sums as may be
necessary to keep ap the organization of the lessor. On the same date this
lease was asslgrned to the Boston A Maine Railroad, which corporation now
operates the Pranklin & Tilton Railroad under said lease, and all information
called for on pages 3, 4, 6, 7, 8, 9, 14, 16, 19, 20, 21, 22, and 23 will be found In the
report of the Boston 3t Maine Railroad.
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RAILROAD COMMISSIONERS REPORT.
63
CAPITAL STOCK.
Capital stock authorized by charter . $250,000.00
Capital stock authorized by votes of com-
pany 250,000.00
Capital stock issued (number of shares,
2,500) amount paid in
Total amount paid in as per books of the company
Total number of stockholders 2
Number of stockholders in New Hampshire . 2
Amount of stock held in New Hampshire $250,000.00
$250,000.00
$250,000.00
DESCRIPTION OF EQUIPMENT.
^
*s
"O gj
^
o
1
1
to
ft
1
II
11
1
c
a
1
1
§
S 00
la
11
1.
i
a
a
5
p
?2
E
^
^
a
H
s
<
^
Z
Pa KttAn ITAP lOGOmollVOfl
1
\ »
58
...J 1
1
Xotal
1
1 1
'
1
1
,
• 1
1
1 1
Combination c&ra
1
1
1
1
1
Xotal
2 1
2
2
1
Nomber of cars in passenger equipment with eight wheels fitted with brakes
for all wheels, 2.
NAME AND BESIDENCE OF OFFICEBS.
Benjamin A. Kimhall, President^ Concord, N. H.; Frank Proctor,
Treasurer, Franklin Falls, N. H. ; Edward G. Leach, Clerk of Corpora-
tion, Franklin Falls, N. H.
NAME AND RESIDENCE OF DIRECTOBS LAST ELECTED.
Benjamin A. Kimball, Concord, N. H. ; Samuel S. Kimball, Concord,
N. H. ; Alyah W. SuUoway, Franklin, N. H. ; Frank Jones, Portsmouth,
N. H.; Horace E. Chamberlin, Concord, N. H.; Charles A. Busiel,
Laconla, N. H.
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64 RAILROAD commissioners' REPORT.
PROPER ADDRESS OF THE COMPANT.
FRANKLIN & TILTON RAILROAD.
Franklin Falls, N. H.
BENJAMIN A. KIMBALL,
President.
FRANK PROCTOR,
Treasurer.
State op New Hampshire.
Merrimack ss. Aug. 20, 1800. Then personally appeared Frank
Proctor, treasurer of said railroad, and made oath to the truth of the
foregoing statement by him subscribed, according to his best know-
ledge and belief.
ALEXIS PROCTOR,
Justice qf the Peace.
Merrimack ss. Then personally appeared Benjamin A. Kimball,
president of said railroad, and made oath to the truth of the foregoin|2:
statement by him subscribed, according to his best knowledge and
belief. Before me.
EDWARD G. LEACH,
Justice qf the Peace.
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RAILROAD commissioners' REPORT.
65
REPORT
OF THE
WORCESTER, NASHUA & ROCHESTER
RAILROAD COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
OEKEBAL EXHIBIT FOB THE YEAB.
Income from lease of road ....
Total income
Salaries and maintenance of organization
Interest on funded debt accrued
Interest and discount on interest bearing
current liabilities
Total deductions
$2,580.14
71,210.00
8,091.95
Net income
Diyidends declared, 6 per cent, on 80,644 shares
Surplus for year ending June 80, 1896 . $14,088.91
Balance profit and loss account June 30,
1895, deficit 467,966.58
Total profit and loss account, deficit $458,927.67
Balance profit and loss account June 30, 1896, deficit
$260,000.00
$250,000.00
82,741.09
$167,258.91
158,220.00
$453,927.67
GENERAL BALANCE SHEET.
Cost of road
Cost of equipment
$4,188,584.99
415,886.08
Total permanent investments
Cash
Worcester, Nashua & Rochester .R. R.
Co. stock
$20,551.81
85,800.00
Total cash and current assets
Profit and loss balance, deficit .
$4,558,921.02
55,851.81
458,927.67
Total 1 $6,068,700.00
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RAILROAD commissioners' REPORT.
Capital Stock:
Common . '
Total capita] stock ....
$3,009,800.00
$3,099,800.00
1.776,000.00
184,100.00
3,800.00
Funded debt
Current liabilities:
Loans and bills payable
Matured interest coupons unpaid (in-
cluding coupons due July 1) .
Total current liabilities .
Accrued liabilities:
Accrued interest not yet due
Total accrued liabilities
$180,000.00
4,100.00
$3,800.00
Total
$5,063,700.00
CAPITAL STOCK.
Capital stock authorized by charter . $3,600,000.00
Capital stock authorized by votes of com-
pany 3.090,800.00
Capital stock issued (number of shares, 30,908) ; amount
paid in .......' -
$3,099,800.00
the company
. . 802
ire . . 185
$1,630,800.00
Total amount paid in as per books of
Total number of stockholders .
Number of stockholders in New Hampshi
Amount of stock held in New Hampshire
$3,099,800.00
FUNDED DEBT.
Mortgaf^e bonds due Jan 1, 1906; rate of
interest, 4 per cent
Interest paid on same during year .
Mortgage bonds due Jan., 1913; rate of
interest, 4 per cent
Interest paid on same during year .
Mortgage bonds due Jan. 1, 1030; rate of
interest, 4 per cent. ....
Interest paid on same during year .
Mortgage bonds due Oct. 1, 1^; rate of
interest, 4 per cent
Interest paid on same during year .
Total amount of funded debt ,
$5,600.00
$19,600.00
$26,680.00
'$16,180.00
$150,000.00
511,000.00
735,000.00
380,000.00
$1,776,000.00
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RAILROAD commissioners' REPORT.
67
DESCRIPTION OF ROAD OWNED.
Main line of road from Worcester, Mass., to Rochester,
N. H
Main line of road in New Hampshire
Main line of road in Massachusetts .
Doable track on main line ....
Total road belonging to this company .
Sidings and other tracks not before enumerated
Same in New Hampshire
Total length of track owned, computed as single
Same in New Hampshire
Total length of tracks laid with steel rails
(Weights per yard, 68 to 60 lbs.)
track
94.48 miles.
55.02 •*
39.46
18.13
94.48
40.91
19.29
153.52
74.31
112.61
DESCRIPTION OF EQUIPMENT.
The rolling stock of this company is leased to the Boston & Maine
Bailroad, and will be included in its report.
GENERAL INFORMATION.
Highway and Railroad Crossings in New Hampshire on
miles qf road owned.
Number of crossings on highways at grade .
Number of crossings on highways oyer railroad .
Number of crossings on highways under railroad .
Number of highway bridges 18 feet aboye track .
Number of highway bridges less than 18 feet aboye track
Height of lowest bridge aboye the rails ....
Number of crossings at which gates or flagmen are
maintained
Number of crossings at which there are neither signals
nor flagmen, except ball signals
Number of railroaa crossings at grade — ^Nashua &
Lowell in Nashua twice, Nashua, Acton & Boston in
Nashua, Manchester A Lawrence at Windham, Ports-
mouth A Concord at Epping
96
3
4
3
2
17 ft., 10 in.
19
77
NAME AND RESIDENCE OF OFFICERS.
Elijah B. Stoddard, President, Worcester, Mass.; Frank P. Goulding,
Geii«raZ Counsel, Worcester, Mass.; Elijah B. Stoddard, Auditor,
Worcester, Mass.; J. L. Chamberlin, Treasurer, Worcester, Mass.;
J. L. Chamberlin, Clerk qf Corporation, Worcester, Mass.
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68 RAILROAD commissioners' REPORT.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Charles A. Sinclair, Portsmouth, N. H. ; Frank Jones, Portsmouth,
N. H. ; Charles Holman, Nashua, N. H. ; John A. Spalding, Nashua,
N."H.; Frank G. Clarke, Peterborough, N. H.; Albert Wallace,
Rochester, N. H.; Geo. W. Armstrong, Brookline, Mass.; Elijah B.
Stoddard, Worcester, Mass. ; Frederick S. Mosely, Kewburyport, Mass.
PROPER ADDRESS OF THE COMPANY.
THE WORCESTER, NASHUA & ROCHESTER RAILROAD
COMPANY.
Worcester, Mass.,
ELIJAH B. STODDARD,
PresidenU
J. L. CHAMBERLIN,
Trecuurer.
ELIJAH B. STODDARD,
Auditor.
Commonwealth of Massachusetts.
Worcester ss. September 9, 1896. Then personally appeared
Elijah B. Stoddard and J. L. Chamberlin, and severally made oath to
the truth of the foregoing statement by them subscribed, according
to their best knowledge and belief.
HENRY P. MURRAY,
Notary Public.
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RAILROAD COMMISSIOKERS REPORT.
69
REPORT
OP THE
MAlfCHESTER & LAWRENCE RAILROAD
COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHfBIT FOR THE YEAR.
Income from lease of road $102,000.00
Dividends on stock owned, Sun-
cook Valley R. R. . . .$1,922.40
Mount Washington R. R. . 818.00
2,240.40
Miscellaneous income, less expense 385.82
Total income
Salaries and maintenance of organization $1 ,979.00
Other deductions 35,934.00
Total deductions
Net income
Dividends declared, 10 per cent
Deficit for year ending June 30, 1896 ....
Balance profit and loss account June 30,
1895, surplus $206,646.58
Add 4,925.00
Balance profit and loss account June 30,
1896, surplus 178,284.75
GENERAL BALANCE SHEET.
Cost of road and equipment . . $1,000,000.00
Cost of telegraph 4,770.35
Stock of Suncook Valley R. R. . 17,040.00
Stock of Mount Washington R. R. . 5,300.00
Lands in Manchester, nT H. . 274,298.53
Total permanent investments
Cash $7,596.37
Due from solvent companies and other
individuals 160,000.00
Total cash and current assets
Total
$104,626.22
37,913.00
$66,713.22
$100,000.00
33,286.78
$1,801,408.88
157,695.37
$1,459,104.25
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70
RAILROAD commissioners' REPORT.
Capital stock, common
Funded debt
Current liabilities:
Dividends not called for
Profit and loss balance
Total
CAPITAL STOCK.
Capital stock authorized by charter . $1,000,000.00
Capital stock authorized by votes of com-
pany 1,000,000.00
Capital stock issued (number of shares, •
10,000.)
Total number of stockholders . . 540
Number of stockholders in New Hamp-
shire 800
Amount of stock held in New Hamp-
shire $674,700.00
$1,000,000.00
274,000.00
6,819.50
178,284.75
$1,450,104.25
FUNDED DEBT.
Funded debt as follows:
$274,000 bonds due January 1, 1922 ; rate of interest,
4 per cent.
Series *^ A" issued for the purchase of real estate in
Manchester, N. H., but not secured by mortgage. The
interest is guaranteed and paid by the Boston <& Maine
R. R.
NAME AND RESIDENCE OF OFFICERS.
Charles A. Sinclair, President^ Portsmouth, N. H. ; Henry Chandler^
Treasurer^ Manchester, N. H. ; Charles B. Oaffney, Clerk of Corporationy
Rochester, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Charles A. Sinclair, Portsmouth, N. H. ; George B. Chandler, Man>
Chester, N. H.; John W. Sanborn, Sanbomville, N. H.; George W.
Armstrong, Brookline, Mass.; William P. Fowler, Boston, Mass.;
Sumner Wallace, Rochester, N. H.; Amos N. Blandin, Bath, N. H.
CHARLES A. SINCLAIR,
'Pre9idfp^U
HENRY CHANDLER,
TVcosurcr..
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RAILROAD commissioners' REPORT. 71
State of Massachusetts.
Suffolk as. September SO, 1896. Then personally appeared Charles
A. Sinclair and Henry Chandler, and severally made oath to the truth
of the foregoing statement by them subscribed, according to their best
knowledge and belief. .
THOMAS S. McGOWAN,
Justice of the Peace,
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72
RAILROAD commissioners' REPORT.
REPORT
OF THE
CONNECTICUT EIYER RAILROAD
COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT FOR THE TEAR.
Income from lease of road . $361,600.00
Total income ?
Salaries and maintenance of organization $2,000.00
Interest on funded debt accrued 91,600.00
Total deductions
Net income
Dividends declared, 10 per cent
Balance profit and loss account June 30, 1895, deficit .
Balance profit and loss account June 30, 1896, deficit .
$361,600.00
98,600.00
$268,000.00
258,000.00
$300,463.55
$300,463.55
GENERAL BALANCE SHEET.
Cost of road
Cost of equipment
Stock of Vermont Valley R. R. Co. of 1871 $579,220.00
Stock of Hampden Park .... 16,058.00
Lands in Chicopee and Brightwood . 39,175.00
Total permanent investments
Cash $27,847.09
Due from solvent companies and other
individuals 503,600.60
Total cash and current assets
Profit and loss balance
Total
$2,988,838.53
455,977.66
634,453.00
$4,079,269.19
631,447.69
300,463.55
$4,911,180.43
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RAILROAD COMMISSIONERS REPORT.
73
Capital stock:
TotJBtl capital stock
Ponded debt
Onrrent liabilities:
Wages and salaries .... $1,157.00
Matured interest coupons unpaid (in^^
eluding coupons due July 1) 26,600.00
Total current liabilities
Accrued liabilities:
Accrued interest not yet due $18,883.34
Total accrued liabilities
Total
CAPITAL STOCK.
Capital stock authorized by yotesof com-
pany $26,700.00
Capital stock issued (number of shares,
25,800); amount paid in
Total amount paid in as per books of the company
Total number of stockholders . 810
Number of stockholders in New Hampshire 26
Amount of stock held in New Hampshire $162,700.00
$2,580,000.00
2,200,000.00
27,847.00
18,333.84
$4,011,180.48
$2,748,650.75
$2,748,650.75
FUNDED DEBT.
Funded debt as follows:
Scrip bonds due January 1, 1008; rate of interest, 4
percent.
Interest paid on same during the year $51,878.00
Qold bonds due Sept. 1 1048; rate of interest, 4 per
cent.
Interest paid on same during the year $30,000.00
Total amount of funded debt
$1,200,000.00
1,000,000.00
$2,200,000.00
DESCRIPTION OF BOAD OWNED.
Main line of road from Springfield, Mass., to Keene,
N. H
Main line of road in New Hampshire
Main line of road in Massachusetts .
Main line of road in Vermont .
Double track on main line
74.00 miles.
23.21 *•
50.08 *'
.71 **
36.00 **
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74
RAILROAD COMMISSIOKERS' REPORT.
Branches owned by company, yiz. :
Chicopee to Chicopee Falls (single track) .
Mount Tom to Easthampton (single track)
Total length of branches owned by company
Total length of branches owned by company in Massa-
chusetts
Total road belonging to this company .
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails
(Weights per yard, 56 and 75 lbs.)
2.35 miles.
3.50 ''
5.85 "
5.85 "
79.85 *
58.10 "
6.97 "
173.95 "
30.18 **
79.85 "
NAME AND RESIDENCB OF OFFICERS.
John Mulligan, President^ Springfield, Mass. ; Greorge £. Frink, Treas-
urer^ Springfield, Mass. ; George E. Frink, Clerk of Corpcratimt^ Spring-
field, Mass.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
John Mulligan, Springfield, Mass.; Oscar Edwards, Northampton,
William Whiting, Holyoke, Mass.; George H. Ball, Boston, Mass.; £.
P. Eendrick, Springfield, Mass.; John A. Hall, Springfield, Mass.; J.
W. Stevens, Greenfield, Mass. ; J. H. Williams, Bellows Falls, V t ; J.
H. Albin, Concord, N. H. ; S. M. Richards, Newport, N. H.
PROPER ADDRESS OF THE COMPANY.
CONNECTICUT RIVER RAILROAD COMPANY,
Springfield, . Mass.
JOHN MULLIGAN,
President.
GEORGE E. FRINK,
Treasurer,
Commonwealth of Massachusetts.
Hampden ss. August 28, 1896. Then personally appeared John
Mulligan and George £. Frink, and severally made oath to the truth of
the foregoing statement by them subscribed, according to their best
knowledge and belief.
WILLIAM F. CALLENDER,
Notary Public,
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RAILROAD commissioners' REPORT.
75
REPORT
OFTHi:
SULLIVAIf COUNTY EAILROAD
FOR THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT FOR THE YEAR.
Gross earnings from operation . . $225,458.26
Less operating expenses .... 160,060.18
Income from operation
Miscellaneous income, less expenses $400.13
Income from other sources
Total income
Deductions from income:
Interest on funded debt accrued dur-
ing the year $14,280.00
Taxes 10,878.68
Total deductions from income
Net income
Dividends declared, 8 per cent, on com-
mon stock $40,000.00
Total
Surplus for the year ending June 30, 1896
Balance profit and loss account June 30, 1805, surplus
Total profit and loss account, surplus
Balance profit and loss account June 30, 1806,
surplus
$65,384.08
400.13
$65,784.21
25,158.58
$40,625.63
40,000.00
$625.63
130,206.02
$130,022.55
$130,022.55
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76
RAILROAD commissioners' REPORT.
$81,493.00
828.54
BARiriNOS FROM OPERATION.
Passenger reyenue
Less repayments:
Tickets redeemed $41.09
Excess fares refunded .... 287.45
Total deductions
Total passenger revenue
Mail
Express
Extra baggage and storage
Total passenger earnings
Freight revenue
Less repayments:
Overcharge to shippers
Total freight revenue
Total freight earnings
Total passenger and freight earnings
Total gross earnings from operation
$81,105.86
8,660.66
8,640.00
1,173.86
$94,689.86
$132,123.64
1,309.74
$130,818.90
$180,818.90
$225,458.26
$225,458.26
OPERATING EXPENSES.
Maintenance of way and structures;
Repairs of roadway
Renewals of rails
Renewals of ties
Repairs of bridges and culverts ....
Repairs of fences, road crossings, and cattle guards
Repairs of buildings
Total
Maintenance of equipment:
Repairs and renewals of locomotives .
Repairs and renewals of passenger cars
Repairs and renewals of freight cars .
Shop, machinery, tools, etc
Total
Conducting transportation:
Waees of enginemen, firemen, and roundhousemen
Fuel for locomotives
Water supplies for locomotives ....
All other supplies for locomotives
Wages of other trainmen
All other train supplies
$15,848.95
9,129.46
4,949.00
2,242.22
885.25
8,196.02
$85,745.90
$18,008.99
275.78
2,508.21
560.07
$16,428.05
$14,819.01
28,931.46
845.84
582.84
15,041.59
618.70
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RAILROAD commissioners' REPORT.
77
Wages of switchmen, flagmen, and watchmen .
Expense of telegraph, including train dispatchers
and operators
Wages of station agents, clerks, and laborers
Station supplies
Car mileage — ^balances
Other expenses
Total
Gkneral expenses:
Salaries of officers )
Salaries of clerks >
Gkneral office expenses and supplies ....
Advertising
Insurance
Expense of fast freight lines
Rents for tracks, yards, and terminals
Legal expenses
Stationery and printing
Other general expenses
Total
Recapitulation of expenses:
Maintenance of way and structures ....
Maintenance of equipment
Conducting transportation
General expenses
Grand total
Percentage of earnings to operating expenses
$2,644.07
2,836.85
10,519.52
661.08
18,066.76
2.10
$95,019.82
$5,361.48
217.75
451.37
784.57
116.91
5,200.04
17.75
657.58
72.96
$12,880.41
$35,745.90
16,423.05
95,019.82
12,880.41
$160,069.18
71
GENERAL BALANCE SHEET.
Cost of road
Cost of equipment
Total permanent investments .
Due from solvent companies and other
individuals
$26,412.75
Total cash and current assets
Total
Capital stock:
Common $500,000.00
Total capital stock
Funded debt
Current liabilities:
Audited vouchers and accounts .
$21,150.67
Total current liabilities
$888,055.87
98,175.10
$986,230.47
26,412.75
$1,012,643.22
$500,000.00
357,000.00
21,150.67
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78
RAILROAD commissioners' REPORT.
Accrued liabilities:
Accrued interest not yet due . $3,570.00
Total accrued liabilities
Profit and loss balance
Total
CAPITAL STOCK.
Capital stock authorized by charter . $500,000.00
Capital stock authorized by votes of com-
pany 500»000.00
Capital stock issued (number of shares 5,000) ; amount
paid in
Total amount paid in as per books of the company
Total number of stockholders 9
$3,570.00
130,922.55
$1,012,643.22
$500,000.00
$500,000.00
FUNDED DEBT.
First mortgage bonds due April 1, 1924; rate of inter-
est, 4 per cent
Interest paid on same during the year $14,280.00
Total amount of funded debt
$357,000.00
$857,000.00
166,032
3,358,494
20.23
PASSENGER, FREIGHT AND TRAIN MILEAGE.
Passenger traffic:
Number of passengers caiTied earning
revenue
Number of passengers carried one mile
Average of distance carried .
Total passenger revenue ....
Average amount received from each passenger
Average receipts per passenger per mile .
Passenger earnings per mile of road .
Passenger earnings per train mile
Freight traffic:
Number of tons carried of freight earn-
ing revenue
Number of tons carried one mile .
Average distance haul of one ton .
Total freight revenue
Average amount received for each ton of freight
Average receipts per ton per mile
Freight earnings per mile of road
Freight earnings per train mile ....
622,531
15,516,218
24.924
$81,165.48
.48885
.02417
8,639.98
IS'
$180,813.90
.21013
.00848
5,081.30
1.04991
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RAILROAD commissioners' REPORT.
79
Train mile
Miles runT>y passenger trains
Miles run by freight trains . . . .
Total mileage trains earning revenue
Miles run by switching trains
Miles run by construction and other trains
Total train mileage
Average number of persons employed
73,002
124,595
197,597
39,817
4,161
241,075
100
RATES OF FARE.
Average rate of fare per mile received for local tickets
Average rate of fare per mile received for mileage tickets
Average rate of fare per mile received from passengers
on joint tickets to and from other railroads and trans-
portation companies
.023
.02
.0265
RATES OF FREIGHT.
Averaffe rate per ton per mile received from freight
way-oilled local
Average rate per ton per mile received from freight
way-Dilled jointly with other railroads and trans-
portation companies
.0080
DESCRIPTIOir OF ROAD OWNED.
Main line of road from Bellows Falls to Windsor, Yt .
Main line of road in New Hampshire ....
Main line of road in Vermont
Double track on main line
Same in New Hampshire ........
Total road belonging to this company ....
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails
(Weights per yard, 56 to 75 lbs.)
26.00 miles.
25.81 "
.19
8.68
8.68
26.00
7.76
7.67
42.44
42.16
42.44
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations in New Hampshire on all roacU
operated by this company
Number of telegraph offices in same ....
Number of stations on all roada owned by this company
Same in New Hampshire
26.00 miles.
25.81 **
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80
RAILROAD COMHISSIOKERS' REPORT.
DB80RIPTION OF EQUIPMENT.
... . . ., . ,
^
•0« I'D J
i
u
\
II
%
I
^
&g
§il
o
\
s
«'g
«»< A
u
%
1
a
1
1%
III
2
2
<
S5
^
Passenflrer locomotives
Freii^hr "
6
6
i
Total
8
8
78,600
78,000
«
8
'
GENERAL INFORMATION.
Highway and Bailroad CrosHngs in New Hampshire on
miles qf road owned.
Number of croBsings on highways at grade .
Number of crossings on highways over railroad .
Number of crossings on highways under railroad .
Number of highway bridges 18 feet above track .
Height of lowest bridge above the rails ....
Number of crossings at which gates or flagmen are
maintained
Number of crossings at which there are neither signals
nor flagmen
28
2
4
2
18 ft.
2
26
New bridges of over ten feet span built within the year on roads oper-
ated in New Hampshire {including tfiose replacing old structures and
those built where none b^ore existed,)
Location.
To Replace.
Description.
Length of spans
and namber
of tracks.
Claremont, No. 88 1 Wood stringer.
Rolled beams
10 ft., 8 in., one track.
Bridges on roads operated in New Hampshire.
Total amount expended for repairs and renewals of
bridges and culverts
Number of new ties laid in New Hampshire .
Tons of steel rails laid in New Hampsnire
KSide tracks laid in New Hampshire ....
$2,242.22
11,755
619
26a
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BAILROAD commissioners' REPORT. 81
NAME AND BE8IDBKCB OF OFFICERS.
John H. Albin, President, Concord, N. H. ; Wm. P. Berry, OenercU
Traffic Manager, Winchester, Mass. ; Wm. J. Hobbs, General Auditor,
Maiden, Mass. ; H. £. Folsom, Superintendent, Lyndonville, Yt. ; M. T.
Donovan, General Freight Agent, Somerville, Mass. ; D. J. Flanders,
General Paeeenger and Ticket Agent, Maiden, Mass. ; Amos Blanchard,
Assistant Treasurer, Andover, Mass. ; H. A. Albin, Clerk (^ Corpora-
tion, Concord, N. H. ; N. E. Martin, Treasurer, Concord, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
J. H. Albin, Concord, N. H.; J. H. Williams, Bellows Falls, Yt.;
C. J. Amidon, Hinsdale, N. H. ; Geo. H. Stowell, Claremont, N. H. ;
Geo. W. Abbott, Penacook, N. H.; N. E. Martin, Concord, N. H.;
Geo. £. Anderson, Nashua, N. H.
PROPER ADDRESS OF THE COMPANT.
SULLIVAN COUNTY RAILROAD,
Boston, Mass.
Corporate office. Concord, N. H.
JOHN H. ALBIN,
President.
AMOS BLANCHARD,
Assistant Treasurer,
WM. J. HOBBS,
General Auditor,
State of New Hampshire.
Merrimack ss. October 2, 1896. Then personally appeared John H.
Albin and made oath to the truth of the foregoing statement by him
subscribed, according to his best knowledge and belief.
NATHANIEL E. MARTIN,
Justice of the Peace.
Commonwealth of Massachusetts.
Suffolk ss. October 1, 1896. Then personally appeared Amos
Blanchard and William J. Hobbs, and made oath to the truth of the
foregoing statement by them subscribed, according to their best
knowledge and belief.
A. WETHERELL DRAPER,
Justice cf the Peace.
5
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RAILROAD commissioners' REPORT.
REPORT
OF THE
CONCORD & MONTREAL RAILROAD
COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
GENERAL EXHIBIT FOR THE TEAR.
Income from lease of road to Boston A Maine R. R. :
Rentals paid Oct. 1, 1805 . . . $103,729.50
Rentals paid Jan. 1, 1896 124,356.75
Rentals paid April 1, 1896 . 124,358.50
Rentals paid July 1, 1896 . 125,905.50
Miscellaneous income:
Boston A Maine R. R. for interest on
4 per cent, bonds .... $200,000.00
Boston & Maine R. R. for interest on
6 per cent bonds . . . 80,000.00
Total income
Interest on funded debt accrued and
paid $2.30,000.00
Total deductions
Net income
Dividend 7 per cent, paid direct to stockholders by the
B. & M. R. R., according to the lease of June 29, 1895
Balance profit and loss account June 80, 1896, surplus .
Total profit and loss account, surplus
Add:
Water works at Weirs .... $1,421.00
Fabyan Hotel Co., account mortfira^e . 6,027.89
Boston & Maine R. R., under lease of
June 29, 1805 261,171.96
Capital stock Manchester & No. Weare
Railroad, increase in value 100,000.00
Old dividend account
charged off . . $9,264.00
Less 86.00
9.228.00
$478,850.2&
280,000.00
$708,350.25
230,000.00
$478,850.2S
478,350.25
$517,584.6»
$517,584.6»
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RAILROAD COmnSSIONSRS' REPORT.
88
C. & M. R. R. stock sold
at auction . $108,884.00
Less 27,800.00
171,084.00
Total
Deduct:
Subscription of C. & M. R. R. for new
stock, 68 shares $6,800.00
Boston & Maine R. R., under lease of
June 20, 1895 800,000.00
Reduction of material accounts . 2,680.80
Old notes, account Nashua, Acton &
Boston R. R. 8,500.00
Old accounts settled and charged off . 2,074.80
Balance profit and loss account June 80, 1806, surplus
$548,082.85
$1,066,517.54
810,505.10
$747,012.35
PROPERTY accounts: CHARGES AND CREDITS
DURING THE YEAR.
Charged to construction account in adjusting the in-
ventory under the lease to the Boston & Maine R. R. \
J. £. Henry & Sons, side tracks near Lincoln, N. H.
Bath Lumber Co., side tracks near Bath and Beth-
lehem
Kilkenny Lumber Co., side tracks near Lancaster .
Little River R. R., side tracks near Zealand .
Total for construction
Total charges to property accounts June 80, 1806 .
Net addition to property account for the year
$5,002.10
7,001.08
8,058.08
0,865.17
$30,828.27
$80,828.27
$80,828.27
GENERAL RALANCE SHEET.
Cost of road and equipment . $8,778,247.72
Stock of sundry corporations . . . 2,807,800.57
Other permanent investments . . 858,151.21
Total permanent Investments
Cash $230.61
Boston A Maine R. R., new stock account 1,185,100.00
Boston & Maine R. R. stock sold 108,884.00
Other cash assets, Boston & Maine R. R.
lease account 20,215.20
Total cash and current assets
$12,028,708.50
1,408,038.81
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RAILROAD commissioners' REPORT.
Other assets:
Claim against American Casualty In-
surance & Security Co. . $80,431.96
Manchester & Lawrence R. R., settle-
ment of suit 650,000.00
Total other assets
Total
Capital stock:
Class 1 $800,000.00
"2 640,400.00
"3 469,600.00
"4 6,397,400.00
Total capital stock
Funded debt:
B., C. & M. R. R. bonds, old, 6 per cent. $600.00
B., C. & M. R.R. 1911 bonds, 6 per cent 600,000.00
C. & M. R. R. 1920 bonds, 4 per cent . 6,000,000.00
Current liabilities:
Dividends not called for, B., C. A M.
R. R. $1,097.00
Matured interest coupons unpaid, B.,
C. & M. K. R. 428.00
Miscellaneous:
Boston A Maine R. R. $650,881.94
Boston & Maine R. R. 24,800.00
B., C. & M. R. R. . 60.00
675,731.94
Total current liabilities
Profit and loss balance
Total
CAPITAL STOCK.
Capital stock authorized by charter . $7,800,000.00
Capital stock authorized by votes of com-
pany 7,200,000.00
Capital stock issued (number of shares, 71,974); amount
paid in
Total amount paid in as per books of the company
Total number of stockholders .... 2,185
Number of stockholders in New Hampshire . 1,309
Amount of stock held in New Hampshire $5,751,100.00
$689,431.98
$14,122,169.29
$7,197,400.00
6,600,600.00
677,2.56.94
747,012.35
$14,122,169.29
$7,197,400.00
$7,197,400.00
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RAILROAD commissioners' REPORT.
85
FTHTDED DEBT.
Funded debt as follows:
B., C. & M. R. R. bonds, old; rate of interest* 6 per
cent
B., C. A M. R. R. bonds due 1911; rate of interest,
6 per cent.
Interest paid on same durinff the year $80,000.00
Concord A Montreal R. R. bonds due 1020; rate of
interest, 4 per cent.
Interest paia on same during the year $200,000.00
All the above secured by mortage.
Total amount of funded debt
$600.00
600,000.00
6,000,000.00
$6,600,600.00
DESCBIPTIOir OF BOAD OWNED.
Main line of road from Nashua to Groveton
Main line of road in New Hampshire
Double track on main line
Same in New Hampshire ....
Branches owned by company, viz. :
Wing Road to Base Station (single track)
Hooksett to Bow Junction *'
Whitefield to Berlin "
Jefferson Meadows to Jefferson *^
Manchester to Henniker *^
Lakeport to Alton Bay **
Belmont Junction to Belmont ''
Pittsfield to Center Bamstead *'
Nashua to North Acton *'
Bethlehem June, to Profile House ^'
Bethlehem June, to Bethlehem **
Epping to Hedding Camp Ground **
Total length of branches owned by company .
Total length of branches owned by company in New
Hampsnire
Total length of branches owned by company in Massa-
chusetts
Total road belonging to this company .
One half owned by this company of Manchester A
Eeene R. R., total length
One half owned by this company of Franklin A Tilton
R. R., total length
Sidings and other tracks not before enumerated
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails •
(Weights per yard, 60, 66, 00, 67, 72, 100 lbs.)
180.71 miles.
180.71 "
34.67 "
34.67 *'
20.17
7.69
80.21
8.48
24.60
17.28
4.17
4.46
20.12
9.47
3.37
146.48 miles.
180.84 "
16.14
826.19
29.69
4.96
168.84
160.49
614.60
499.46
419.63
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86
RAILROAD commissioners' REPORT.
Boads and branches belonging to other companies^ oper-
ated for this company under lease or contract, the
operations qf which are inclitded in return qf Boston
<fe Maine Bailroad under lease.
Concord A Portomouth R. R.
Suncook Valley R. R.
Pemigewasset valley R. R.
New Boston R. R. .
Total length of above roads
Total length of above roads in New Hampshire
Number of stations on all roads owned by this company
Same in New Hampshire
40.40 mUes.
17.41 "
22.03 "
5.19 "
85.98 miles.
85.98 "
115
106
OBNBBAL IITFOBMATION.
Highway and railroad crossings in New Hampshire on
Miles of road owned.
Number of crossings on highway at grades .
Number of crossings on highways over railroad
Number of crossings on highways under railroad .
Number of highway bridges 18 feet above track .
Number of highway bridges less than 18 feet above
track
Height of lowest bridge above the rails ....
Number of railroad crossings at grade ....
Boston & Maine R. R., southern division, at Nashua.
Boston & Maine R. R., western division, at Nashua.
Maine Central R. R., Scotts Junction.
Whitefield.
** " Jefferson.
" *• Lancaster.
" *• Fabyans.
Number of railroad crossings over other railroads
Grand Trunk Railway, at Gorham.
180
27
18
9
19
16 ft., 3 in.
7
NAME AND BE8IDBNCE OF OFFICERS.
Benjamin A. Kimball, President, Concord, N. H. ; John F. Webster,
Treasurer, Concord, N. H,; Frank S. Streeter, Clerk qf Corporation^
Concord, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Frederick Smyth, Manchester, N. H.; Benj. A. Kimball, Concord,
N. H.; John H. Pearson, Concord, N. H.; John A. White, Concord,
N. H.; Samuel S. Kimball, Concord, N. H.; Walter M. Parker, Man-
chester, N. H.; Alpha J. Pillsbury, Tilton, N. H.; Chas. E. Til ton,
Tilton, N. H. ; Charles £. Morrison, Boston, Mass. ; Lewis C. Pattee,
Winchester, Mass. ; Charles A. Busiel, Laconia, N. H. ; Noah S. Clark,
Manchester, N. H. ; Hiram N. Turner, St. Johnsbury, Y t.
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RAJILROAD COMlilSSIONEBS' REPORT. 87
PBOPEB ADDBBSS OF THE COMPAITr.
THE CONCORD <& MONTREAL RAILROAD,
Concord, N. H.
JOHN F. WEBSTER,
lyeasurer.
State of New Hampshire.
Merrimack as. Concord, December, 1896. Then personally ap-
peared Benjamin A. Kimball, president, and John F. Webster, treas-
urer, and severally made oath to the truth of the foregoing statement
by them subscribed, according to their best knowledge and belief.
h. m. putney,
JuBtice <if the Peace,
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88
RAILROAD commissioners' REPORT.
REPORT
OF THE
CONCORD & PORTSMOUTH RAILROAD
COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GEKERAL EXHIBIT FOB THE TEAB.
Income from lease of road . $25,000.00
Total income
Salaries and maintenance of orfi^anization
Other deductions
$360.00
10.00
Total deductions
Net income
Dividends declared, 7 per cent. ....
Surplus for year ending June 80, 1806
Balance profit and loss account June 30, 1805, surplus |
Total profit and loss account, surplus . |
Balance profit and loss account June 30, 1806, surplus i
$25,000.00
360.00
$24,6.S1.0O
24,500.00
131.00
3.115.26
$3,246.26
$3,246.26
OENEBAL BALANCE SHEET.
Cost of road
Cash .
Total
Capital stock:
Common .
Profit and loss balance
Total
$350,000.00
3,246.26
$353,246.26
$350,000.00
3.246.26
$358,246.26
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RAILROAD commissioners' RRPORT. 89
CAPITAL STOCK.
Capital stook authorized by charter $600,000.00
Capital stock authorized by votes of
company 850,000.00
Capital stock issued (number of shares, 3,500).
Total amount paid in as per books of the company
Total number of stockholders .... 200
Number of stockholders In New Hampshire . 180
Amount of stock held in New Hampshire $320,000.00
$850,000.00
NAME AND RBSIDBNCB OF OFFICERS.
John J. Pickering, PreHdent, Portsmouth, N. H. ; W. Byron Steams,
TVeosurer, Manchester, N. H. ; Wallace Hackett, Clerk qf Corporation^
Portsmouth, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
John J. Pickering, Portsmouth, N. H.; Wallace Hackett, Ports-
mouth, N. H. ; Moody Currier, Manchester, N. H. ; Walter M. Parker,
Manchester, N. H. ; William A. Pierce, Greenland, N. H. ; Joseph B.
Walker, Concord, N. H. ; Samuel C. Bastman, Concord, N. p.
PROPER ADDRESS OF THE COMPANY.
CONCORD A PORTSMOUTH RAILROAD,
Manchester, N. H.
W. BYRON STEARNS,
Tretuurer,
State of New Hampshire.
HiLLSROROUOH S6. November 21, 1806. Then personally appeared
W. Byron Stearns, and made oath to the truth of the foregoing state-
ment by him subscribed, according to his best knowledge and belief.
H. M. PUTNEY,
JuMtice of the Peace,
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90
RAJLBOAD COMIUSaiONEBS' REPOBT.
REPORT
OF THE
SUNCOOK VALLEY RAILROAD
COMPANY
FOR THE TEAR ENDING JUNE 80, 1896.
GENBBAL EXHIBIT FOB THE YEAB.
Income from lease of road $14,700.00
Miscellaneous income— less expense . 8.88
Total Income
Salaries and maintenance of organization $283.25
Total deductions
Net income
Dividends declared, 6 per cent.
Surplus for year ending June 80, 1896 ....
Balance profit and loss account June 80, 1806, surplus
Total profit and loss account, surplus
Balance profit and loss account June SO, 1896, surplus
OENEBAL BALANCE SHEET.
Cost of road
Cash
Total
Capital stock
Contributions
Profit and loss balance
Total
$14,708.88
283.25
$14,425.63
14,400.00
25.63
$417.96
$417.96
$348,199.19
2,614.77
$350,813.96
$341,700.00
•8,696.00
417.96
$350,813.96
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RAILROAD OOMMI88IONSRB' REPORT.
91
CAPITAL STOCK.
Capital stock authorized by charter
Capital stock authorized by YOtes of
company .
Capitu stock issued (number of shares,
8,417); amount paid in ....
$500,000.00
841,700.00
Total amount paid in as per books of the company
Total number of stockholders .... 162
Number of stockholders in New Hampshire . 154
Amount of stock held in New Hampshire $828,100.00
Non-diyidend paying stock includea In above 1,017.00
$841,700.00
$341,700.00
DBSCRIPTIOir OF ROA.D OWNED.
Main line of road from Suncook to Pittsfield
Main line of road in New Hampshire ....
Total road belonging to this company ....
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails .
Number of stations in New Hampshire, on all roads
cperaUd by this company
Number of stations on all roadn otoned by this company
17.37 miles.
17.87
17.37
8.56
3.56
20.93
20.03
24.35
6
6
NAME AND BEBIDBNCB OF OFFICERS.
Hiram A. Tuttle, President, Pittsfield, N. H.; Walter M. Parker,
TVeosurer, Manchester, N. H. ; Nathan P. Hunt, Clerk of Corporation^
Manchester, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Rueben L. French, Pittsfield, N. H.; Charles H. Carpenter, Chi-
chester, N. H.; William F. Head, Hooksett, N. H.; Frederick Smythe,
Manchester, N. H.; Hiram A. Tuttle, Pittsfield, N. H.; John C.
French, Manchester, N. H. ; George £. Kent, Pittsfield, N. H.
PROPER ADDRESS OF THE COMPANY.
SUNCOOK VALLEY RAILROAD,
Walter M. Parker, Treasurer,
Manchester, N. H.
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92 RAILBOAD COMHI8SIOKBB8' RKPOBT.
HIRAM A. TUTTLE,
Pretident.
WALTER M. PARKER,
Trecmirer,
State of New Hampshibe.
HiLLSBOBOUOH 88. Ootober 27, 1896. Then personally appeared
Hiram A. Tuttle, president, and Walter M. Parker, treasurer, and bot-
erallj made oath to the truth of the foregoing statement by them sub-
scribed, according to their best knowledge and belief.
ORIEN B. DODGE,
Justice qf the Peace,
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BAILSOAD COMmSSIOMBBS' KEPOBT.
98
REPORT
OF THE
PORTLAND & ROCHESTER RAILROAD
FOR THE TEAR ENDING JUNE 80, 1890.
GBNBBAIi BXHIBrr FOB THB TBAB.
Gross earnings from operation $268,21/^37
Less operating expenses . . . 201,118.43
Income from oneration ...---
$62,178.94
Miscellaneous income— less expenses
$5,345.36
2,127.88
Total income
Deductions from income:
Taxes
Total deductions from income .
$64,306.77
5,345.36
Net income ......
$58,961.41
58,524.22
Eauipment for automatic
brake and coupler . . $17,000.00
Back Bay improvement . 6,000.00
Dividends declared, 6 per cent, on com-
mon stock
Total
23,000.00
85,524.22
Fune 30, 1806
95, surplus .
$5,185.19
82.95
Surplus or deficit for the year ending «
Balance profit and loss account June 30, 18
$437.19
113,162.37
Total profit and loss account, surplus
Add:
Lands charged off for railroad pur-
poses, now carried to construction
account and credited profit and loss
Profit on old rails sold above amount
charged ......
$113,599.56
Deduct discount and commission on
bonds sold
$5,218.14
1,140.00
1896, surplus
4,078.14
Balance profit and loss account June 30,
$117,677.70
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BAILROAD COMMI88IONBBS BBPOBT.
BABIONOS FROM OPERATION.
Passenger revenue $88,005.34
Less repayments:
Tickets redeemed . . $91.11
Excess fares refunded . 298.20
Total deductions 884.81
Total passenger revenue
Mail
Express
Total passenger earnings
Freight revenue $186,895.04
Less repayments, overcharge to shippers 1,280.68
Total freight revenue
Total freight earnings
Total passenger and freight earnings
Total gross earnings from operation
$88,611.08
8,885.64
6,186.84
$96,138.01
$165,164.86
$165,164.86
$268,207.87
$263,207.87
OPBRATINO EXPENSES.
Maintenance of way and structures:
Repairs of roadway
Renewals of ties
Repairs of bridges and culverts
Repairs of fences, road crossings, signs, and cattle
guards
Repairs of buildings
Repairs of docks and wharves
Other expenses
Total
Maintenance of equipment:
Repairs and renewals of locomotives .
Repairs and renewals of passenger cars
Repairs and renewals of freight cars .
Repairs and renewals of work cars
Total
Conducting transportation:
Waces of enginemen, firemen, and roundhousemen
Fuel for locomotives
Water supplies for locomotives ....
All other supplies for locomotives
Wages of other trainmen
All other train supplies
Wages of switchmen, flagmen, and watchmen .
$34,745.84
5,844.16
11,058.04
2,539.08
7,536.40
847.02
1,440.91
$63,911.80
$10,707.19
9,969.75
9,300.37
529.09
$30,506.40
$16,616.48
21,929.45
1,544.77
1,178.01
11,817.34
634.03
8,211.87
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RAILROAD COMinSSIONERS' REPORT.
95
Expense of telegraph, including train dispatchers
and operators
Wages of station agents, clerks, and laborers
Station supplies
Car mileage— balances
Loss and damage
Injuries to persons
Other expenses
Total
General expenses:
Salaries of officers
Salaries of clerks
General office expenses and supplies ....
Insurance
Legal expenses
Stationery and printing
Other general expenses
Total
Recapitulation of expenses:
Maintenance of way and structures ....
Maintenance of equipment
Conducting transportation
General expenses
Grand total
Percentage of operating expenses to earnings
$1,799.74
16,888.81
1,964.88
3,790.68
300.09
1,404.77
1,484.46
$88,466.68
$7,800.00
4,506.80
224.68
1,870.79
418.00
2,636.92
1,379.46
$18,234.66
$63,911.80
30,506.40
88.466.68
18,234.66
$201,118.43
76.38
PBOPEBTY accounts: CHARGES AKD CREDITS
DURING THE TEAR.
Lands
Total for construction
Property sold (or reduced in valuation on the books)
and credited property accounts during the year:
Land sold $219.00
Lands carried from real estate to con-
struction 101,796.05
Lands from 1895 $.5,186.19
Lands bought, 1896 .... 7,263.00
Addition $12,448.19
Deduct, land sold 219.00
Net addition to property account for the year
$114,243.24
$114,243.24
102,014.05
$12,229.19
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RAILROAD COMlilSaiONBRS' REPORT.
OBNBBAL BALANCB SHBBT.
Cost of road and equipment
Lands in Maine
Union Branch
P. (& R. R. R. Co., franchises
Cash $16,288.89
Bills receivable 5,000.00
Net traffic balance from other companies 400.30
Due from solvent companies and other
individuals 160.00
Total cash and current assets
Materials and supplies
Totol
Capital stock:
Common $592,070.45
Total capital stock
Funded debt
Current liabilities:
Audited vouchers and accounts
Matured interest coupons unpaid (including coupons
due July 1)
Ai^crued liabilities:
Accrued interest not yet due
Profit and loss balance
Total
CAPITAL STOCK.
Capital stock authorized by charter . $600,000.00
Capital stock authorized by votes of com-
pany 600,000.00
Capital stock issued (number of shares, 5,920) ; amount
paid in
Capital stock paid in scrip
Total amount paid in as per books of the company
Total number of stockholders 94
Number of stockholders in New Hampshire . . 3
Amount of stock held in New Hampshire $1,100.00
$706,313.69
16,621.93
113,469.62
914.04
21,798.78
21,305.38
$880,423.44
$592,070.45
113,500.00
55,860.29
180.00
1,135.00
117,677.70
$880,428.44
$592,000.00
70.46
$592,070.45
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RAILBOAD COimiSSIONSRS' REPORT.
97
FUITDKD DEBT.
Funded debt as follows:
*Terminal bonds due Oct. 1, 1897; rate
of interest, 4 per cent.
$118,500.00
Total amount of funded debt
$118,500.00
PASSENGER, FREIGHT, AND TRAIN MILEAGE.
Passenfi^er traffic:
Number of passengers carried earning
roTenue 287,067
Number of passengers carried one mile 3,868,215
Average of distance carried . 11.738
Total passenger revenue
Average amount received from each passenger .
Average receipts per passenger per mile
Freight traffic:
Number of tons carried of freight earn-
ing revenue 256,069
Number of tons csirried one mile . . 0,628,785
Avera^ distance haul of one ton, 87.602 miles.
Total freight revenue
Average amount received for each ton of freight
Average receipts per ton per mile ....
Freight earnings per mile of road ....
Train mileage:
Miles run oy passenger trains
Miles run by freight trains
Total mileage trains earning revenue
Miles run by switching trains
Miles run by construction and other trains
Total train mileage
$88,611.03
.20125
.02482
$165,164.86
.64499
.01715
8,066.55
189,121
95,818
284,437
32,599
30,610
297,646
BATES OF FARE.
Average rate of fare per mile received for local tickets
Average rate of fare per mile received for mileage
tickets
Average rate of fare per mile received for season tickets
Average rate of fare per mile received from passengers
on joint tickets to and from other railroads and trans-
portation companies
.0287
.0250
.0080
.0842
*Portluid A Rochester R. R. terminal bonds, mortflrage on road from near
Oreen street in Portland to Maine Central R. R. in Portland. Interest on these
bonds is gaaranteed and paid by Boston A Maine R. R., as per agreement.
6
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98
RAILROAD commissioners' REPORT.
RATES OF FREIGHT.
Averaee rate per ton per mile receiyed from freight
way-i)illed local
Averaffe rate per ton per mile received from freight
wav-Dilled jointly with other railroads and transpor-
tation companies
.0850
.0128
DESCRIPTION OF ROAD OWNED.
Main line of road from Portland, Me., to Rochester, K. H.
Main line of road in New Hampshire ....
Main line of road in Maine
Branches owned by company, viz. :
Union Branch, connecting Preble street with Union
station, Portland, Me
Total road belonging to this company ....
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails .
(Weights per yard, 56, 60, 75 lbs.)
53.86 mUes.
3.00 •*
60.86 "
1.12
54.08
17.58
1.92
72.51
4.02
63.06
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations in New Hampshire, on all roods
operated by this company
Number of telegraph offices in same ....
Number of stations on all roads owned by this company
Same in New Hampshire . . ....
54.98 miles.
3
2
2
17
1
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RAILROAD COMMISSIONSRS' REPORT.
99
DESCRIPTION OF EQUIPMENT.
o
1
d
f
h
<
1
K
11
ft
PA,MATi|rAi> IoOOmOtlT4S. -...«..,,....
8
4
1
40
47
27
85
46
8
4
1
Freight "
Other "
Total
18
18
12
1
Paiifi6ii|f6r cftrffr 1-.-..*.-^'^T*. .,«.., ........
10
4
6
1
m
26
20
13
10
4
6
10
Oomblnatlon carB...T-TTT- .................
Baggage, mail, and express cars
Other oars In passenger senrloe
5
Totaik
20
20
19
19
Box freight cars (basis of 8 wheels)
Coal freight cars **
Flat freignt cars "
87
36
112
9
11
16
17
Total
284
284
7i
15
17
Oravel oars in company's service
Derrick cars *' i
26
1
6
4
Caboose cars "
Other road cars "
;::*:;::i:;:;::
Total
86
86
1
!
All cars
290
GENERAL INFORMATION.
Highmay and railroad eronsings in New Hampshire an
miles of road owned.
Number of orossinffs on highways at grade
Number of railroaa crossings at grade «...
Portsmouth, Great Falls & Conway R. R. at Roch-
ester.
Dover & Winnipesaukee R. R. at Rochester.
Number of new ties laid in New Hampshire .
Side tracks laid in New Hampshire ....
1,100
1,208 feet.
BUILDINGS.
Rochester, car house for storing equipment.
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RAILROAD COMMISSIONERS* .REPORT.
NAME AND' BEBIDENCE OF OFFICERS.
George p. Wescott, President; N. & H. B. Cleaves, General Counsel;
Joseph W. Peters, Superintendent; T. F. Tolman, General Freight
Agent; Wm. H. Conant, Treasurer and Clerk of Corporation.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Greo. P. Wescott, Nathan Webb, Charles McCarthy, Jr., Wm. G.
Davis, Portland, Me. ; Lucius Tuttle, Boston, Mass. ; Joseph S. Ricker,
Deering, Me.; Franklin A. Wilson, Bangor, Me.; Frederick Robie,
Gorham, Me. ; Joseph H. Manley, Augusta, Me.
PROPER ADDRESS OF THE COMPANY.
PORTLAND & ROCHESTER RAILROAD,
Portland, Me.
GEO. P. WESCOTT,
President,
JOS. W. PETERS,
Superintendent.
WM. H. CONANT,
Treasurer and Clerk,
State of Maine.
Cumberland ss. September 1, 1896. Then personally appeared
Geo. P. Wescott, Jos. W. Peters, and Wm. H. Conant, and severally
made oath to the truth of the foregoing statement by them subscribed,
according to their best knowledge and belief.
JOHN A. HAYDEN,
Justice of the Peace.
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RAILROAD commissioners' REPORT.
101
REPORT
OF THE
PEMIGEWASSET VALLEY RAILKOAD
COMPANY*
FOR THE YEAR ENDING JUNE 80, 1896.
6ENBRAL EXHIBIT FOR THE YEAR.
Income from lease of road :
August 1,1805 . $16,011.00
February 1, 1896 16,245.00
$82,256.00
Organization 800.00
Total income
Salaries and maintenance of organization $330.82
Total deductions
Net income
Dividends declared, 6 per cent. :
August 1, 1895, $538,700.00, 8 per cent $16,011.00
February 1, 1896, $541,500.00, 8 per cent. 16,245.00
Deficit for year ending June 30, 1896 ....
Balance profit and loss account June 30, 1895, surplus
Total profit and loss account, surplus
Balance profit and loss account June 80, 1896, surplus
$82,556.00
880.82
$82,225.18
80.82
820.07
$289.25
$289.25
1
* This road is operated by the Boston A Maine Railroad, ander the lease of
the Concord A Montreal Railroad to said Boston A Maine Railroad, dated
June 39,1886.
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102
RAILROAD commissioners' REPORT.
PROPERTY accounts: CHARGES AND CREDITS
DURING THE TEAR.
Grading and masonry, bridging, superstructure includ-
ing rails
Passenger and freight stations, woodsheds and water-
stations
Total for construction
Total charges to property accounts ....
Ket addition to property account for the year
$7,800.00
164.16
$7,964.16
$7,964.16
$7,964.16
GENERAL BALANCE SHEET.
Cost Of road $449,419.96
Cost of equipment 91,842.14
Total permanent investments
Cash $627.18
Total cash and current assets
Total
Capital stock:
Common $583,700.00
Preferred . . 7,800.00
Total capital stock .... $541,500.00
Profit and loss balance
Total
CAPITAL STOCK.
Capital stock authorized by charter . $2,000,000.00
Capital stock authorized by votes of com-
pany 541,500.00
Capital stock issued (number of shares,
5,415) ; amount paid in
Total amount paid in as per books of the company
Total number of stockholders . . . .181
Number of stockholders in New Hampshire . 128
Amount of stock held in New Hampshire $888,800.00
$541,262.12
527.18
$541,789.25
$541,600.00
289.25
$541,789.25
$541,500.00
$541,500.00
DESCRIPTION OP ROAD OWNED.
Main line of road from Plymouth to Lincoln, N. H.
Main line of road in New Hampshire .
Total road belonging to this company .
22.98 miles.
22.93 "
22.93 "
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RAIUtOAD COlOnSSIONERS' REPORT.
103
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails .
[Weights per yard, 66 lbs.]
Number of telegraph offices in New Hampshire, on all
roads operated hy this company
Number of stations on all roade owned by this company
Same in New Hampshire
6.35 miles.
6.86 "
29.28 "
29.28 "
28.67 "
OBNKRAX IKFORMATION.
Highway and Bailroad Crouings in New Hampehire
on Miles qf Boad owned.
Number of crossings on highways at grade .
" ** over railroad .
Number of highway bridges 18 feet above ti*ack .
Height of lowest bridge aooTc the rails
Number of crossings at which there are neither signals
nor flagmen
16
1
1
18 2-10 feet.
16
NAME AND RESIDENCE OF OFFICERS.
Benjamin A. Kimball, President^ Concord, N. H. ; John F. Webster,
Treasurer, Concord, N. H. ; George H. Adams, Clerk qf Corporation^
Plymouth, N. H.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Benjamin A. Kimball, Concord, N. H. ; George W. Hills, Lawrence
Mass. ; John C. French, Manchester, N. H. ; Henry Chandler, Man-
chester, N. H. ; Nathan P. Hunt, Manchester, N. H. ; John J. Cilley,
Deerfield, N. H.; Joseph W. Campbell, Woodstock, N. H. ; Charles
H. Bowles, Plymouth, N. H. ; Alpha J. Pillsbury, Tilton, N. H.
PROPER ADDRESS OF THE COMPANT.
PEMIGEWASSET VALLEY RAILKOAD,
Office qf President and Treasurer^ Concord, N. H.
Office qf Clerk, Plymouth, N. H.
BENJAMIN A. KIMBALL,
Preeident
JOHN F. WEBSTER,
Treasurer,
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104 RAILROAD commissioners' REPORT.
State of New Hampshire.
Merrimack ss. Concord, N. H., November 25, 1806. Then per-
sonally appeared Benjamin A. Kimball, president, and John F. Web-
ster, treasurer, and severally made oath to the truth of the foregoinf^
statement by tiiem subscribed, according to their best knowledge and
belief.
JOHN H. BROWN,
Justice cf the Peace.
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RAILROAD commissioners' REPORT.
105
REPORT
OF THE
MOUNT WASHINGTON KAILKOAD
COMPANY
FOR THE YEAR ENDING JUNE 80, 1896.
&ENERAL EXHIBIT FOR THE TEAR.
Gross earnings from operation .
Less operating expenses .
Income from operation
Miscellaneous income — ^less expenses:
Rent of Summit House, etc. .
Less expenses
Balance
Total income
Deductions from income :
Taxes
Net income
Dividends declared, 6 per cent, on com-
mon stock, 2,115 snares ....
Total
$28,031.75
17,495.18
$7,128.00
1,349.09
$12,690.00
Surplus for the year ending June 80, 1896
Balance profit and loss account June 80, 1895, surplus .
Total profit and loss account, surplus
Balance profit and loss account June 30, 1896, surplus
$11,436.57
5,778.91
$17,215.48
2,304.84
$14,911.14
12,690.00
$2,221.14
15,628.98
$17,850.12
$17,850.12
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106
RAILROAD COMmSSIONERS' RBPORT.
EARNINGS FROM OPERATION.
Passenfsrer revenue
$27,909.50
Total passenger revenue
Mail . . :
$27,909.50
150.00
Total passenger revenue
Freight revenue
$28,059.50
1.50
Total freight revenue
$1.50
Total passenger and freight earnings
Other earnings from operation:
Other sources, miscellaneous
$28,061.90
870.75
Total gross earnings from operation
$28,931.75
OPERATING EXPENSES.
Maintenance of way and structure:
Repairs of roadway i
Renewals of rails >
Renewals of ties )
$3,870.59
Maintenance of equipment:
Repairs and renewals of locomotives ....
Repairs and renewals of passenger cars
Shop, machinery, tools, etc
$1,739.48
328.90
672.98
Total
Conducting transportation:
Waffes of enginemen, firemen, and roundhousemen .
Fuel for locomotives
All other supplies for locomotives ....
Wages of other trainmen
All other train supplies
Wages of switchmen, fiagmen, and watchmen .
Expense of telegraph, including train dispatchers
and operators
Wages of station agents, clerks, and laborers
Station supplies
Otherexpenses, $801.54; $1,916.49 ....
$2,736.86
$1,889.67
1,939.92
152.19
629.42
34.73
213.00
188.80
765.65
66.55
2,718.08
Total
$8,597.46
General expenses:
Salaries of officers and clerks
Insurance
Legal expenses
Stationery and printing
Other general expenses
$1,450.00
761.99
111.48
76.51
390.84
Total
$2,790.77
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RAII.BOAD COMMISSIOHEBS' REPORT.
107
Recapitulation of ezpenBes:
Maintenance of way and structures
Maintenance of equipment ....
Conducting transportation ....
General expenses
Grand total
Percentage of operating expenses to earnings
$8,370.69
2,786.86
8,697.46
2,790.77
$17,496.18
.6047
PBOPSBTT accounts: chaboes and cbbdits
DUBING THE TEAB.
Grading and masonnr, at Base, Mount Washington
Passenger and freight stations, woodsheds and water-
stations, engine-houses, car-sheds and turn-tables, at
Base station, Mount Washington
Total
Repairs and Improyements, Summit House .
Total for construction
Locomotiyes, 8
Passenger, mail, and baggage cars, 2 . . . .
Total for equipment
Total charges to property accounts ....
Received for insurance on like property destroyed by fire ;
Buildings $1,250.00
Engines and oars 6,200.00
Total credits to property accounts ....
Net addition to property account for the year
$610.91
6,214.60
$6,826.61
7,669.91
$14,488.42
9,613.60
2,400.00
$11,918.60
$26,896.92
6,450.00
$19,946.92
OENEBAL BALANCE SHEET.
Cost of road and equipment . . . $139,500.00
Lands in Summit and Base, Mount Wash-
ington 56,000.00
Summit House, Mount Washington 26,000.00
New construction and equipment . 19,946.92
Total permanent investments
Cash $2,908.20
Total cash and current assets
Total
Capital stock:
common , . $211,600.00
Total capital stock
$241,446.92
2,908.20
$244,350.12
$211,600.00
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108
RAILROAD commissioners' REPORT.
Current liabilities:
Loans and bills payable .
Total current liabilities
Profit and loss balance
$15,000.00
Total
$15,000.00
17,850.12
$244,350.12
CAPITAL STOCK.
Capital stock authorized by votes of com-
pany $211,500.00
Capital stock issued (number of shares, 2,115); amount
paid in
Total amount paid in as per books of the company
Total number of stockholders .... 55
Number of stockholders in New Hampshire . 39
Amount of stock held in New Hampshire $152,200.00
$211,500.00
$211,500.00
PASSENGER, FREIGHT, AND TRAIN MILEAGE.
Passenger traffic:
Number of passengers carried earning
revenue, Base station. Summit, and
return 0,807
Number of passengers carried one mile 65,373
Average of distance carried . . . 6.666
Total passenger revenue
Average amount received from each passenger .
Average receipts per passenger per mile (on basis of
round trip)
Passenger earnings per mile of road ....
Freight traffic:
Total freight revenue
Average number of persons employed
Rates of fare:
Average rate of fare per mile received for local tickets
(on basis of round trip)
$27,009.50
2.85
.4209
8,373.69
1.60
30
.4269
DESCRIPTION OF ROAD OWNED.
Main line of road from Base to Summit, Mount Wash-
ington
Main line in New Hampshire ......
Total road belonging to this company ....
Total length of track owned, computed as single track
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations on all roads owned by this company
Same in New Hampshire . . *
3.333 miles.
3.333
t4
3.333
t4
3.333
it
3.333
it
3.333
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RAILROAD COMiaSSIONERS' REPORT.
109
DESCRIPTION OF EQUIPMENT.
1
1
1
1
i
a
h
1
Is
1^
"2 ®
II
II
lil
It
It
PiuiiiAiifff^r Inpomot'lvnn
8
8
12
12
8
1 . .
Total
8
8
1
■ i
"Pmaaenger cars
6
1
6
1
3
k
1
Baggage, mail, and express cars. .
Total
7
7
Flat freight cars (basis of 8 wheels)
2
2
li
li
Total
2
2
[
!
BUILDINGS.
Que frame car house, at Base station, one engine house
and repair shop, at Base station, one transfer table,
Base station, one wood, coal, and ice shed. Base
station, erected in part
$6,825.51
NAME AND BB8IDENCB OF OFFICBRS.
John H. Pearson, President^ Concord, N. H; Tristram A. Mackinnon,
Viee^PreHdeni, Boston, Mass. ; John Home, Superintendenty Lakeport,
N. H.; Frank E. Brown, General PcLssenger Agents Concord, N. H.;
John P. Webster, Dreasurery Concord, N. H. ; Frank E. Brown, Clerk of
Corparationy Concord, N. H.
NAMB AND BB8IDBN0E OF DIBBCTOBS LAST BLBCTBD.
JohnH. Pearson, Concord, N. H.; Benjamin A. Kimball, Concord,
N. H.; Tristram A. Mackinnon, Boston, Mass.; John W. Sanborn,
Wakefield, N. H.; John M. Mitchell, Concord, N. H.; Nathaniel White,
Jr., Concord, N. H.; George A. Fernald, Boston, Mass.
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110 RAILROAD commissioners' RSPORT.
PROPER ADDRESS OF THE COMPACT.
MOUNT WASHINGTON RAILWAY COMPANY,
COKCORD, N. H.
JOHN H. PEARSON,
President.
JOHN F. WEBSTER,
Treasurer,
State of New Hampshire.
Merrimack ss. Concord, N. H., Not. 80, 1896. Then personally
appeared John H. Pearson, president, and John F. Webster, treasurer,
and severally made oath to the truth of the foregoing statement by
them subscribed, according to their best knowledge and belief.
JOHN M. MITCHELL,
Justice of the Peace,
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RAILROAD commissioners' REPORT.
Ill
REPORT
OF THE
FITCHBUKG KAILROAD COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GBKERAX EXHIBIT FOR THE YEAR.
Gross earnings from operation . $7,600,765.17
Less operating expenses .... 5,462,316.04
Income from operation
Total income
Deductions from income:
Interest on funded debt accrued dur-
ing the year $1,001,310.00
Interest and discount on interest bear-
ing current liabilities . . 878.18
Taxes 240,554.04
Rentals:
Vermont A Massachusetts
R. R $244,580.00
Troy <fe Bennington R. R. 15,400.00
259,980.00
Total deductions from income
Net income
Dividends declared, 4 per cent, on pre-
ferred stock $505,006.00
Total
Surplus for the year ending June 30, 1896
Balance profit and loss account June 30, 1895, surplus
Total profit and loss account, surplus
Balance profit and loss account June 30, 1896, surplus
$2,144,449.13
$2,144,449.13
1,511,722.17
$682,726.96
$595,096.00
37,630.96
290,173.45
$327,804.41
$327,804.41
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112
BAILROAD commissioners' REPORT.
BABNIN08 FROM OPEBATIOir.
Passenger revenue
Less repayments, tickets redeemed, excess fares re-
funded, other repayments
Total passenger revenue
Mail
Express ....
Extra baggage and storage
Total passenger earnings
Freight revenue
Less repayments, overcharge to shippers, other repay-
ments
$2,196,842.94
5,305.01
Total freight revenue .
Other items
$2,103,537.0a
78,846.30
105,136.29
51,931.58.
$2,489,452.05
$4,919,306.5^
159,867.79
$4,759,438.77
87,081.69
Total freight earnings
Total passenger and freight earnings
Other earnings from operation :
Rents from tracks, yards, and terminals
Rentals not otherwise provided for
Other sources, elevators, wharves, etc.
I $4,846,520.46
j $7,335,972.51
I
$7,500.00
59,117.09
204,175.57
Total other earnings . , . .
Total gross earnings from operation
270,792.66
$7,606,765.17
OPEBATINO EXPENSES.
Maintenance of way and structures:
Superintendence
Repairs of roadway
Renewals of rails
Renewals of ties
Repairs of bridges and culverts
Repairs of fences, road crossings, signs, and cattle
guards
Repairs of buildings
Repairs of docks and wharves
Repairs of telegraph
Stationery and printing
Total
Maintenance of equipment:
Superintendence
Repairs and renewals of locomotives ....
Repairs and renewals of passenger cars
Repairs and renewals of freight cars ....
$]4,049.6&
457,991.86
67,828.50
109,967.21
19,898.88
43.323.08
194,168.22
2,615.24
4,227.84
230.13
$914,294.59
$30,568.7^
441,165.22
124,448.19
403,285.28
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RAILROAD COMMISSIONERS' REPORT.
113
Repairs and renewals of work cars ....
Shop, machinery, tools, etc.
Stationery and printing
Other expenses
Totel
Conducting transportation:
Superintendence
Waffes of enginemen, firemen, and roundhousemen
Fuel for locomotives
Water supplies for locomotires
All other supplies for locomotives ....
Wages of other trainmen
All other train supplies
Wages of switchmen, flagmen, and watchmen .
Expense of telegraph, including train dispatchers
and operators ....#...
Wages of station agents, clerks, and laborers
Station supplies
Clearing wrecks
Car mileages — balances
Loss and damage
Injuries to persons
Stationery and printing
Other expenses
Total
General expenses:
Salaries of officers
Salaries of clerks
General office expenses and supplies ....
Agencies, including salaries and rent ....
Advertising
Insurance
Expense of fast freight lines and traffic associations
Expense of stock yards and elevators
Rents for tracks, yards, and terminals
Rentals not otherwise provided for ....
Legal expenses
Stationery and printing
Other general expenses
Total
Recapitulation of expenses:
Maintenance of way and structures ....
Maintenance of equipment
Conducting transportation
General expenses
Grand total
Percentage of operating expenses to earnings
$11,779.76
57,075.07
654.76
26,006.66
$1,005,068.54
$96,076.83
553,068.27
723,466.80
37,977.75
28,987.43
425,943.82
45,636.74
251,440.37
61,132.77
424,444.43
32,694.95
7.273.57
274,981.70
33,303.42
70,357.73
32,257.59
810.41
$3,100,754.17
$31,150.02
22,737.09
9,323.40
19,768.41
12,502.95
33,144.47
37,481.50
85,423.24
46,824.96
6,645.00
15,583.98
1,458.48
30,155.24
$352,198.74
$914,294.59
1,095,068.54
3,100,754.17
359,198.74
$5,462,316.04
.7181
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114
RAILROAD commissioners' REPORT.
PBOPEBTY accounts: CHARGES AND CREDITS
DURING THE YEAR.
Lands, land damages, and fences $82,661.80
Permanent improvements 91,832.00
Total for construction
Net addition to property account for the year
GENERAL BALANCE SHEET.
Cost Of road $30,350,523.83
Cost of equipment 4,120,786.00
Vermont & Massachusetts Railroad im-
provements ...'.. 1,724,430.70
Total permanent investments
Cash $357,027.21
Bills receivable 140,265.00
Due from agents 274,640.07
Due from solvent companies and other
individuals 3,060.80
Other cash assets 1,860,271.31
Total cash and current assets
Other assets:
Materials and supplies
Total
Capital stock:
Common $7,000,000.00
Preferred 17,360,000.00
Total capital stock
Funded debt
Current liabilities:
Loans and bills payable . . . $300,000.00
Audited vouchers and accounts . . 102,972.50
Wages and salaries .... 00,596.42
Net traffic balances due to other com-
panies 263,500.82
Dividends not called for . . . 303,340.00
Matured interest coupons unpaid (in-
cluding coupons due July 1) . 57,465.00
Total current liabilities
Accrued liabilities: $63,206.00
Accrued rentals not yet due . . . 249,657.28
Accrued interest not yet due . . 164,056.22
Total accrued liabilities
Improvement fund
$124,494.70
$124,404.79
$45,213,740.62
$2,644,273.39
801,427.44
$48,740,460.45
$24,360,000.00
22,268,000.00
$1,216,883.74
477,006.50
40,753.80
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RAILROAD GOMIOSSIONERS' REPORT.
115
Accident and insurance fund
Profit and loss balance
Total ....
$50,000.00
327,804.41
$48,749,460.45
CAPITAL. STOCK.
Capital stock authorized bv charter:
For double track, per mile . . $100,000.00
For single track, per mile . 70,000.00
For terminals at Boston . 3,000,000.00
Capital stock authorized by votes of com-
pany 24,360,000.00
Capital stock issued, (number of shares,
243,600); amount paid in
Total amount paid in as per books of the company
Total number of stockholders, common,
177; preferred, 5,592 .... 5,769
Number of stockholders in New Hamp-
shire, common, 7; preferred, 412 . . 419
Amount of stock held in New Hamp-
shire, common, $11,300; preferred,
$816,200 $827,500.00
$24,360,000.00
$24,360,000.00
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116
RAILROAD commissioners' REPORT.
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RAILROAD commissioners' REPORT.
117
PAB8SNOBR, FllEIOHT, AND TRAIN MILEAGE.
7,468,666
128,966,576
16.60 miles.
Passenger traffic:
Numoer of passengers carried earning
revenue
Number of passengers carried one mile
Average of distance carried .
Totfu passenger revenue ....
Average amount received from each passenger
Average receipts per passenger mile .
Passenger earnings per mile of road .
Passenger earnings per train mile
Freight traffic:
Number of tons carried of freight earn-
ing revenue 4,775,100
Number of tons carried one mile . 561,044,746
Average distance haul of one ton . 115.40 miles,
Total freight revenue
Average amount received for each ton of freight
Average receipts per ton per mile
Freight earnings per mile of road
Freight earnings per train mile .
Train mileage:
Miles run oy passenger trains
Miles run by freight trains .
$2,198,537.03
.2987
.0177
5,488.10
1.0280
Total mileage trains earning revenue
Miles run by switching trains
Miles run by construction and other trains
Total train mileage ....
Average number of persons employed
$4,759,488.77
.9967
.0086
11,088.02
1.4820
2,421,955
3,406,462
5,880,417
975,007
95,249
6,900,678
4,710
RATES OF FARE.
Average rate of fare per mile received for local ticket
Average rate of fare per mile received for commutation
tickets
Average rate of fare per mile received for mileage
tickets . .
Average rate of fare per mile received for season
tickets
Average rate of fare per mile received from passengers
on ^int tickets to and from other railroads and
transportation companies
1.86 cents.
1.24 "
2.00 ♦'
0.68 "
1.77
RATES OF FREIGHT.
Average rate per ton per mile received from freight
way-billed local
Average rate per ton per mile received from freight
way-billed jointly with other railroads and transpor-
tation companies
2.511 cents.
0.710 "
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118
RAILROAD GOMMIBSIONERS' REPORT.
DBSCRIPTIOir OF ROAD OWNED.
Main line of road from Boston to Fitchburg .
Main line of road from Greenfield to Troy, N. Y., and
Rotterdam . .
Main line of road from South Ashbumham to Bellows
Falls
Main line of road in New Hampshire ....
Main line of road in New York
Main line of road in Massachusetts ....
Double track on main line
Third track on main line
Branches owned by company :
Ice track, Boston (double track)
Watertown Branch (double track) ....
Marlboro Branch (single track)
Peterboro and Shirley Branch (single track)
Worcester Branch (single track) ....
Ashbumham Branch (single track) ....
Saratoga and Schuylervilfe Branch (single track)
Monadnock Branch (single track) ....
Milford Branch (single track)
Total length of branches owned by company
Total length of branches owned by company in New
Hampshire
Total length of branches owned by company in Massa-
chusetts
Total length of branches owned by company, in New
York
Double track on branches
Total road belonging to this company ....
Sidings and other tracks not before enumerated .
Same in New Hampshire
Total length of track owned, computed as single track
Same in New Hampshire
Total length of tracks laid with steel rails .
(Weights per yard, 60, 72, 76 lbs.)
50.00 miles.
146.68 "
58.62
42.81
80.47
6.49
104.81
96.51
1.66
0.68
6.60
12.42
36.00
2.59
25.52
15.80
21.46
144.69
34.27
84.90
25.52
7.28
898.94
239.07
22.97
740.46
100.05
740.46
Roctd$ and Branches belonging to other CompanieBj oper-
ated by this company ^ under lease or contract^ the oper-
ations of which are included in this Return.
Vermont A Massachusetts R. R
Turners Falls Branch
Troy A Bennington Branch
Total length of above roads
Total length of above roads in Massachusetts
Total length of above roads in New York
Total miles of road operated by this company
Total miles of road operated by this company in New
Hampshire
Number of stations in New Hampshire, on all roads
operated by this company
Nnmber of telesrraph offices in same ....
Number of stations on all roads owned by this company
Same in New Hampshire
56.00 miles.
2.80 "
5.04 **
68.84 '*
58.80 ''
5.04 *'
457.78 "
77.08 *'
28
12
143
2d
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RAILROAD commissioners' REPORT.
119
DESCRIPTION OF EQUIPMENT.
1
u
1
•6
9
OB
fS
9
i
1
S
1
f
i
h
11
pi
Si*
t-
PftS86nff6r locomotives. . . * . . t . . t
lOS
84
6
74
106
84
126.460
182.760
99.000
77,121
87.620
70,748
74
101
7
66
106
84
78
FreiRht "
67
Other "
16
Total
208
6
218
182
206
166
PABsenflrer cars
160
18
178
87
48
1
2
172
87
48
170
Combination oars^ .^ ^^^..^^.^
86
BtLgg%ge, mall»and express oars
laSPeOtlOn Carr r,trrT. .,.,■,,,- .r-
46
8
48
Tllfffmt^Fft' Anil nuir nfti*it
2
2
Total
ao5
16
261
260
266
Box freight cars (basis of 8 wh'ls)
Btook freight cars "
Coal freight cars "
Flat freight cars **
4.002
160
728
679i
••
4,002
160
728
6794
1.926
67
284
82
1.914
60
878
189
Total
5,664i
••
5.6644
2,248
2.47«
Gravel cars In oomp'y's service
Derrick cars "
121
9
99
61
-
121
9
99
61
6
4
18
a
Caboose oars *'
Other road cars '*
66
18
Total
290
290
27
81
Number of cars in passenger equipment with 8 wheels, fitted with brakes for
all wheels. 266. Namber of cars In passenger equipment with 12 wheels, fitted
with brakes for all wheels. 4.
LIST OP ACCIDENTS.
From causes be-
yond their own
control (In New
Hampshire).
From their own
misconduct or
carelessness (in
New Hampshire).
-I-
0
Ed
Total In New
Hampshire.
Total on
whole road
operated.
Passengers
Bmployte..
Others
Total...
16
40
2
84
28
56
114
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120
RAILROAD commissioners' REPORT.
8TATSMBNT OF EACH ACCIDENT IN NEW HAMPSHIRE.
November 28, 1895. At Walpole, N. H., Charles Wellman, struck
and killed by train No. 18, about three fourths of a mile west of Wal-
pole.
May 17, 1806. At Keene, N. H., John Conroy, asleep by track in
Keene yard, caught by pilot of engine No. 256 on train No. 591, and
dragged some distance. Received contusion of neck, shoulder, and
side.
GENERAL INFORMATION.
Highway and Railroad Crossings in New Hampshire on
miles of road owned.
Number of crossings on highways at grade .
Number of crossings on highways over railroad .
Number of crossings on highways under railroad
Number of highway bridges 18 feet above track .
Number of highway bridges less than 18 feet above
track
Height of lowest bridge above tlie rails
Number of crossings at which gates or flagmen are
maintained
Number of crossings at which electric signals are main-
tained
Number of crossings at which there are neither signals
nor flagmen
Number of railroad crossings under other railroads:
Manchester & Keene R. K, east of Keene.
70
11
11
7
17 ft. 2 in.
64
New bridges of over ten feet span built within the year on roads operated
in New Hampshire (including those replacing old structures and those
built where none b^ore existed).
Location.
To replace.
Description.
Length of spaas
andnamber of
trackj.
C12, 2| m. w, of State
Line.
Wooden bridsre
One half throasrh
plate idrder.
1 span 98.8 clear, l
track.
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RAILROAD commissioners' REPORT.
121
Bridges an roads operated in New Hampshire,
Total length of pile and trestle bridging, Monadnock
Branch
Total amount expended for repairs and renewals of
bridiires
Number of new ties laid in New Hampshire :
Cheshire R. R
Monadnock Branch
Peterborough & Shirley Branch
Milford Branch
Total
Tons of steel rails laid in New Hampshire
Side tracks laid in New Hampshire ....
73.5
$3,048.20
11,337
4,070
3,689
708
19,804
196
1,860 ft.
NAME A3SV RESIDENCE OF OFFICERS.
H. S. Maroj, President^ Boston, Mass. ; George A. Torrey, General
Counsel, Boston, Mass. ; C. S. Anthony, Auditor, Boston, Mass. ; W. D.
Ewing, Superintendent, Boston, Mass. ; A. S. Crane, General Freight
Agent, Boston, Mass. ; J. A. Watson, General Passenger Agent, Boston,
Mass.; D. A. Gleason, Treasurer, Boston, Mass.; Edmund D. Cod-
man, Clerk of Corporation.
NAME AND RESIDENCE OF DIRECTORS LAST ELECTED.
Henry S. Marcy, Belmont; Robert Codman, Boston, Mass.; Rodney
Wallace, Fitchburg, Mass.; Charles T. Crocker, Fitchburg, Mass.;
David P. Kimball, Boston, Mass. ; Charles T. Plunkettj North Adams,
Mass.; James Renfrew, Adams, Mass.; George Heywood, Concord*
Mass.; W. Seward Webb, New York City; Francis Smith, Rockland,
Me.; Wm. H. Hollister, New York City; Wm. A. Russell, Lawrence,
Mass. ; Edward C. Thayer, Eeene, N. H. ; Joseph B. Russell, Belmont,
Mass. ; Edmund C. Codman, Boston, Mass.
PROPER ADDRESS OF THE COMPANY.
FITCHBURG RAILROAD COMPANY,
Boston, Mass.
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122 RAILROAD COMMI8SIONRRS' REPORT.
H. S. MARCY,
PreHdent.
W. D. EWING,
General Superintendent,
DANIEL A. GLEASON,
Trecuurer.
C. S. ANTHONY,
Auditor.
C0MMONWBA1.TH OF Massachusetts.
ScTFFOLK 8S. September 22, 1806. Then personally appeared G. S.
Marcy, W. D. Ewing, D. A. Gleason, and 0. S. Anthony, and seyer-
ally made oath to the truth of the foregoing statement by them sub-
scribed, according to their best knowledge and belief.
EDMUND D. CODMAN,
Notary Public.
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STREET RAILWAY RETURNS.
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RAILROAD COMMISSIONERS' REPORT.
125
REPORT
OP THE
LACOIOA STREET RAILWAY
COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT FOR THE YEAR.
Gross income from operation
Operating expenses .
Net income from operation . . . .
Miscellaneous income, less expense of collecting:
Old material sold
Gross income above operating expenses .
Charges upon income accrued during the year:
Interest and discount on unfunded
debts and loans
Taxes
Total charges and deductions from income
Net divisible income
$540.00
400.88
Surplus for year ending June 30, 1896
Amount of surplus June r~ ~
0,1895
Total additions .
Deductions during the year:
Horses charged off .
Accounts receivable
$1,929.15
431.03
Total deductions .
Total surplus June 30, 1896
EARNINGS FROM OPERATION.
Receipts:
From passengers carried ....
From rentals of buildings and other property
From sales of manure
From advertising in cars ....
$12,483.48
9,445.69
$3,037.79
53.53
$3,091.32
940.88
$2,150.44
$2,150.44
4,916.71
$7,067.15
2,520.18
$4,546.97
$11,531.45
765.20
60.25
50.00
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126
RAILROAD commissioners' REPORT.
Other eamioffs from operation:
PiM $20.88
Bating horse .60
Barge 55.20
$76.58
Gross income from operation
$12,488.48
EXPENSES OF OPERATION.
General expenses:
Salaries of general officers and clerks ....
General office expenses and supplies ....
Legal expenses
Maintenance of roadway and buildings:
Repairs of road-bed and track
Repairs of buildings
Maintenance of equipment:
Repairs of cars ana other vehicles ....
Renewal of horses
Harnesses, horse-shoeing, and veterinary care .
Transportation expenses:
Provender
Wages and compensation of persons employed in
conducting transportation
$160.00
T71.87
181.18
60.53
436.04
586.89
16.00
525.65
2,229.83
4,580.20
Total operating expenses
$9,445.69
PROPERTY ACCOUNTS.
Additions:
Extension of railway and tracks . $539.58
Total additions to railway
Additional horses (8 in number) . $553.00
Total additions to equipment
$589.58
553.00
Total additions to property accounts
Deductions:
Property sold or reduced in valuation and credited to
property accounts:
Horses sold (3) $80.00
died(l) 160.00
charged off .... 1,929.15
Total deductions from property accounts
$1,092.58
2,169.15
Net deductions from property accounts for the year
$1,076.57
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RAILROAD commissioners' REPORT.
127
GENBRAIi BALAKCS SHBBT.
ASSETS.
Total cost of railway owned
Equipment:
Cars and other rolling stock and ve-
hicles $11,389.00
Horses 8,210.00
Other items of equipment . 465.60
Total cost of equipment owned
Land and buildings:
Land necessary for operation of rail-
way $800.00
Other buildings necessary for opera^-
tion of railway 6,428.67
Total cost of land and buildings owned .
Other permanent property:
Tenements
Total permanent investments
Cash and current assets:
Bills and accounts receivable $466.68
Total cash and current assets
Total .
LIABILITIES.
Capital Stock:
Common $50,000.00
Total capital stock
Current liabilities:
Loans and bills payable . . . $8,500.00
Miscellaneous current liabilities, over-
draft at bank 28.56
Total current liabilities
Profit and loss balance, surplus
Total
$29,718.87
16,064.60
7,228.67
10,696.86
$62,609.90
465.68
$68,076.58
$50,000.00
8,528.56
4,546.97
$63,075.58
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128
RAILROAD commissioners' REPORT.
CAPITAL STOCK.
Capital stock authorized by law, com-
mon $100,000.00
Total amount authorized by law ....
Capital stock authorized by votes of com-
pany, common $60,000.00
Total amount authorized by vote ....
Capital stock issued and outstanding ....
Number of shares issued and outstand-
ing, common 1,000
Total number of shares outstanding
Number of stockholders, common .
Total number of stockholders .
Number of stockholders in New Hampshire,
common
Total stockholders in New Hampshire
Amount of stock held in New Hampshire, common
Total stock held in New Hampshire
88
38
34
34
VOLUME OF TRAFFIC, ETC.
Number of passengers canned during the year
Number of passengers carried per mile of railway
track operated
Number of round trips run
Number of car miles run
Average number of persons employed ....
EQUIPMENT OWNED.
Box passenger cars equipped for horse power
Open passenger cars equipped for horse power
Total passenger cars of all kinds
Number of all above cars with 4 wheels
Snow ploughs
Barges and omnibuses
Carts and snow sleds .
Other vehicles, sleighs
Horses.
Harnesses, double
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RAILROAD commissioners' REPORT.
129
DBSOBIPTIOK OF RAILWAY OWNED AND OPERATED.
Length of railway line
Total len^h of main track owned, etc. .
Length of sidings, switches, etc
Total length, computed as single track
RAILWAY OPERATED.
Length of railway line operated
Total length of main track operated
LengUi of sidings, switches, etc., operated .
Total length operated, computed as single track
8.868 miles.
8.868 miles.
8.628 miles.
8.368 miles.
8.868 miles.
.26 **
8.628 miles.
Motive Power.
HORSE.
Length of railway line
Total length of main track
Length of sidings, switches, etc.
Total length computed as single track
Names of the several cities and towns in which the rail-
ways operated by the company are located, Laconia.
8.868 miles.
8.868 miles.
.26 "
8.628 miles.
CORPORATE NAME AND ADDRESS OF THE COMPANY.
LACONIA STREET RAILWAY,
Laconia, N. H.
NAME AND RU8INES8 ADDRESS OF PRINCIPAL OFFICERS.
Albert G. Folsom, President^ Laconia; Henry Tucker, Vice-PreH-
dentj Laconia; Edmund Little, TVecMurer, Laconia; Edmund Little,
Clerk qf Corporation, Laconia; Henry Tucker, General Manager, La-
conia; N. H. Dunbar, Superintendent, Laconia.
NAMES AND RESIDENCE OF HOARD OF DIRECTORS.
Joseph C. Moore, Henry Tucker, Charles F. Stone, Perley Putnam,
Samuel C. Clark, Edwin C. Lewis, Albert G. Folsom, Laconia, N. H.
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130 RAILROAD commissioners' REPORT.
We hereby certify that the statements contained in the foregoing
report are full, just, and true.
ALBERT G. FOLSOM,
PreHderU,
EDMUND LITTLE,
Trecunirer.
N. H. DUNBAR,
Superintendent,
State of New Hampshire.
Belknap ss. October 26, 1896. Then personally appeared the
above named A. G. Folsom, Edmund Little, and N. H. Dunbar, and
severally made oath that the foregoing certificate by them subscribed
is, to the best of their knowledge and belief, true.
GEO. P. MUNSEY,
Justice of the Peace,
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RAILROAD commissioners' REPORT.
131
REPORT
OF THE
i
CHESTER & DERBY STREET RAILWAY
COMPANY
FOR THE TEAR ENDING JUNE 30, 1896.
General Balance Sheet.
ASSETS.
Roadbed and tracks $63,400.00
Electric line construction, including
poles, wiring, feeder lines, etc. . 17,700.00
Total cost of railway owned
Equipment:
Cars and other rolling stock and
vehicles $4,650.00
Electric equipment of same . . . 4,650.00
Other items of equipment, snow plow . 1,700.00
Total cost of equipment owned
Land and buildings:
Land necessary for operation of rail-
way $3,500.00
Electric power stations, including
equipment 2,500.00
Otiier buildings necessary for operation
of railway 2,000.00
Total cost of land and buildings owned .
Total permanent investments
LIABILITIES.
Capital stock:
Common $60,000.00
Total capital stock
Funded debt
$81,100.00
10,900.00
8,000.00
$100,000.00
$60,000.00
50,000.00
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132
RAILROAD commissioners' REPORT.
CAPITAL STOCK.
Capital stock authorized by law, common $60,000.00
Total amount athorized by law . $50,000.00
Capital stock authorized by votes of com-
pany, common 60,000.00
Total amount authorized by vote $50,000.00
Total capital stock liability
Number of shares issued and outstanding,
common 500
Number of stockholders, common .... 500
$50,000.00
FUNDED DEBT.
First mortgage 5 per cent, bonds, gold
Average number of persons employed ....
If the company commenced operation during the year,
give the date, Oct. 1, 1896.
$50,000.00
9
EQUIPMENT OWNED.
Box passenger cai*s equipped for electric power
Total passenger cars of all kinds
Construction, repair, and other work cars
Snow plouglis
Other rolling stock, freight cars
Electric motors
(Generator
8
3
1
1
10
1
DESCRIPTION OF RAILWAY OWNED AND OPERATED.
Length of railway line
7 6-8 miles.
Total length of main track owned, etc.
Length of simngs, switches, etc.
Total length, computed as single track .
RAILWAY OPERATED.
Length of railway line operated ....
Length of sidings, switches, etc., operated .
Total length operated, computed as single track
7 6-8 miles.
1-8 "
7 7-8 miles.
7 6-8 miles.
1-8 "
7 7-8 miles.
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RAILROAD commissioners' REPORT.
138
MoTiYE Power.
ELECTRIC.
LeDgth of railway line
track .
e by the company,
irns in which the
are located, Derry
7 6-8 miles.
Total length of main track
Length of sidings, switches, etc.
7 6-8 miles.
1-8 *•
Total length, computed as single
System of electric motive power in us
Westinghouse.
Names of the several cities and to^
railways operated by the company
and Chester, N. H.
7 7-8 miles.
GENERAL REMARKS AND EXPLANATIONS.
The road was built by contract, so much for the road complete.
The itemized statement is necessarily an estimate. The contractor
not furnishing us a detailed statement of the cost of each item of con-
struction and equipments, although he aided us in making these state-
ments.
CORPORATE NAME AND ADDRESS OF THE COMPANY.
THE CHESTER & DERRY RAILROAD ASSOCIATION.
West Derrt, N. H.
names and business address of principal officers.
C. S. Campbell, Presidenty Derry, N. H.; Charles Bartlett, Vice-
president, Derry, N. H. ; F. J. Shepard, Treasurer, West Derry, N. H. ;
A. H. Wilcomb, Clerk of Corporation, Chester, N. H. ; C. W. Stevens,
Superintendent
NAME AND RESIDENCE OF BOARD OF DIRECTORS.
C. S. Campbell, Derry, N. H.; G. K. Bartlett, Derry, N. H.; Charles
Bartlett, Derry, N. H.; A. H. Wilcomb, Chester, N. H.; E. P. Jones,
Chester, N. H. ; G. S. West, Chester, N. H. ; F. J. Shepard, Derry,
N. H^
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134 KAILROAD commissioners' REPORT.
We hereby certify that the statements contained in the foregoing
report are full, just, and true.
C. S. CAMPBELL.
President.
F. J. SHEPARD,
Treasurer,
State of New Hampshire.
Rockingham sb. December 18, 1806. Then personally appeared
tlie above named C. S. Campbell and F. J. Shepard, and severally
made oath that the foregoing certificate by them subscribed, is to the
best of their knowledge and belief, true.
Before me:
GREENLEAF K, BARTLETT,
Justice (^ the Peace.
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RAILROAD commissioners' REPORT.
136
REPORT
OF THE
MANCHESTER STREET RAILWAY
COMPANY
FOR THE TEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT FOR THE YEAR.
Gross income from operation
Operating expenses .
Net income from operation
Miscellaneous income, less expense of collecting:
Horses sold, $4,782.37; old rails and old
iron, $2,789.55 $7,671.92
Other materials sold .... 942.18
Subscription 1,000."00
Total income from other sources than operation .
Gross income above operating expenses .
Charges upon income accrued during the year:
Interest on funded debt . $12,500.00
Interest and discount on unfunded
debts and loans 166.64
Taxes 1,301.09
Commission on bonds sold ... - 1,000.00
Total charges and deductions from income
Net divisible income ....
Dividends declared, 10 per cent, on com-
mon stock from date of issue
Total dividends declared .
$3,958.31
$139,266.48
91,449.70
$47,816.78
9,514.10
$57,3.30.88
14,967.63
$42,363.25
3,968.31
EARNINGS FROM OPERATION.
Receipts:
From passengers carried ....
From rentals of buildings and other property
From sales of manure
From advertising in cars ....
$137,890.90
240.00
133.26
16.50
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136
RAILROAD commissioners' REPORT.
Other earniDgs from operatioD :
Use of horses, barges, etc. .
Gross income from operation
085.83
$139,266.48
EXPENSES OF OPERATION.
Gteneral expenses:
Salaries of officers and clerks
Oeneral office expenses and supplies .
Legal expenses
Insurance
Other general expenses:
Amusements
Contingent (mainly travelling expenses)
Maintenance of roadway and buildings:
Repairs of road-bed and track
Repairs of electric line construction .
Removal of snow and ice . . .
Repairs of buildings ....
Maintenance of equipment:
Repairs of cars and other vehicles ....
Repairs of electric equipment of cars ....
Renewal of horses
Hai'nesses, horse-shoeing, and veterinary care .
Transportation expenses:
Provender
Cost of electric motive power, hired power
Waff es and compensation of persons employed in oon- ,
ducting transportation
Damages for injuries to persons and property .
Rentals of buildings and other property
Otlier transportation expenses:
Tickets, punches, etc
Car house, $808.22; lub. and waste, $859.84; electric
supplies, $189.33; water, $80.74 ....
Total operating expenses
PROPERTY ACCOUNTS.
Additions:
Extension of railway and tracks . $41,498.51
New electric line construction . . 11,337.73
Total additions to railway
Additional cars $35,157.92
Electric equipment of same . 21,656.96
Additional horses (1 in number) . 150.00
Total additions to equipment
$2,175.00
851.06
576.00
5,293.16
1,020.54
499.89
2,046.52
653.78
773.81
94.91
2,157.09
2,064.15
150.00
78.54
4,511.49
19,069.09
42,985.65
1,176.37
1,821.80
1,563.22
1,888.18
$91,449.70
$52,836.24
56,964.88
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RAILROAD COMMISSIONERS REPORT.
137
Additional land necessary for opera-
tion of railway $8,000.00
Improvements in buildings necessary
for operation of railway . 3,549.04
Total additions to land and buildings
Additions to other permanent property :
Interest chargeable to construction ac-
count $4,882.45
Salaries, engineering, etc., chargeable
to construction account 15,3dS.42
Commission on sale of bonds, charge-
able to construction account 1,000.00
Total additions to other permanent property .
Total additions to property accounts
Deductions:
Property sold or reduced in valuation and credited to
$4,690.00
property accounts:
Ho
lorses sold
Other items of equipment transferred
to car account (old horse cars
altered over to electrics)
17,849.51
Total deductions from property accounts
Net addition to property accounts for the year
$11,549.04
21,245.87
$142,596.03
22,039.51
$120,556.52
General Baxance Sheet.
ASSETS.
Railway:
Roadbed and tracks .... $133,470.01
Electric line construction, including
poles, wiring, feeder lines, etc. . . 27,353.03
Interest accrued during construction
of railway 7,563.70
Salaries, engineering, and other ex-
penses incident to construction 18,588.14
Commission on sale of bonds . 5,000.00
Total cost of railway owned . .
Equipment:
Cars and other rolling stock and ve-
hicles $42,053.50
Electric equipment of same . . 27,064.37
Horses 1,300.00
Other items of equipment (harnesses,
etc.) 686.24
Total cost of equipment owned
$191,974.88
71,104.11
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138
RAILROAD commissioners' REPORT.
liMid and buildings:
Land and buildings necessary for opera-
tion of railway
$41,549.04
Total cost of land and buildings owned
.
$41,549.04
Other permanent property:
10 acres of land
$5,000.00
Total cost of other permanent property
owned
5,000.00
Total permanent investments .
$809,628.03
Cash and current assets:
Cash
Bills and accounts receivable
$88,502.40
2,987.41
Total cash and current assets .
.
86,489.81
Miscellaneous assets:
Materials and supplies ....
Office furniture and fixtures .
$5,562.31
988.88
Total miscellaneous assets
Profit and loss balance, deficit .
.
6,601.19
18,188.37
Total
$865,807.40
LIABILITIBS.
Capital stock:
Common
$100,000.00
Total capital stock ....
Funded debt ......
. • .
$100,000.00
250,000.00
Current liabilities:
Loans and bills payable ....
Salaries and wages, pay roll for 8 days
Matured interest coupons unpaid (in-
cluding coupons due July 1)
Book accounts
$2,000.00
1,552.88
2,750.00
7,459.01
Total current liabilities
Accrued liabilities:
Taxes accrued and not yet due (esti-
mated) .
$2,045.56
18,761.84
Total accrued liabilities .
• . .
2,046.56
Total
$865,807.40
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RAILROAD commissioners' REPORT.
139
CAPITAL STOCK.
Capital stock authorized by law, oommon $250,000.00
Total amount authorized by law $250,000.00
Capital stock authorized by votes of com-
pany $100,000.00
Totol amount authorized by rote $100,000.00
Capital stock issued and outstanding, common
Total capital stock outstanding ....
Total capital stock liability
Number of shares issued and outstand-
ing, common 1,000
Total number of shares outstanding 1,000
Number of stockholders, common ... 7
Total number of stockholders ... 7
Number of stockholders in New Hampshire,
common 7
Total stockholders in New Hampshire 7
Amount of stock held in New Hamp-
shire, common 1,000
Total stock held in New Hampshire 1,000
FUNDED DEBT.
First mortgage bonds, rate of interest 5 per cent. ; due
Jan. 1, 1916
Interest paid during the year . $12,500.00
VOLUME OF TRAFFIC, ETC.
Number of passengers carried during the year
Number of passengers carried per mile of railway track
operated
Number of round trips run
Number of car miles run
$100,000.00
$100,000.00
$100,000.00
$250,000.00
3,290,386
201,124
175,650
762,635
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140
RAILROAD commissioners' RERORT.
EQUIPMENT OWNED.
Box passenger cars equipped for horse power
Box passenger cars equipped for electric power
Total
Open passenger cars equipped for horse power 9
Open passenger cars equipped for electric power . 29
Total
Total passenger cars of all kinds
Number of all above cars with 4 wheels .
Construction, repair, and other work cars
Snow ploughs
Other rolling stock, 1 electric sweeper
Barges and omnibuses
Carts and snow sleds
Other vehicles:
Express and other wagons ....
1 emergency wagon, 1 tower wagon, 1 sleigh
Horses
Harnesses — double, 38; single, 12; total
24
88
62
7
1
1
8
14
8
3
26
50
DESCRIPTION OF RAILWAY OWNED AND OPERATED.
Length of railway line
Length of second track
Total length of main track ovmed
Length of sidings, switches, etc.
Total length, computed as single track
RAILWAY OPERATED.
Length of railwav line operated ....
Length of second track operated ....
Total length of main track operated
Length of sidings, switches, etc., operated
Total length operated, computed as single track
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142
RAILROAD commissioners' REPORT.
CORPORATE NAME AND ADDRESS OF THE COMPANY.
MANCHESTER STREET RAILWAY,
Manchester, N. H.
NAMES AND BUSINESS ADDRESS OF PRINCIPAL OFFICERS.
Charles Williams, President; Charles H. Bartlett, Treasurer; Charles
Williams, Auditor; Edwin F. Jones, Clerk of Corporation; N. H. Walker,
Superintendent.
NAMES AND RESIDENCE OF BOARD OF DIRECTORS.
Charles Williams, A. P. Olzendam, J. L. Stevens, E. M. Topliff,
A. H. Williams, Manchester.
We hereby certify that the statements contained in the foregoing re-
port are full, just, and true.
CHARLES WILLIAMS,
President.
CHAS. H. BARTLETT,
Treasurer.
N. H. WALKER,
Superintendent.
State of New Hampshire.
Hillsborough ss. September 6, 1896. Then personally appeared
the above named Charles Williams, Chas. H. Bartlett, and on the 16th
of September, N. H. Walker, and severally made oath that the fore-
going certificate by them subscribed is, to tlie best of their knowledge
and belief, true.
Before me: E. M. TOPLIFF,
Justice qf the Peace.
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RAILROAD COMMISSIONERS' REPORT.
148
REPORT
OP THE
CONCORD STREET RAILWAY
COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
GENERAL EXHIBIT FOR THE YEAR.
Gross income from operation
Operating expenses
Net income from operation
Total income from other sources than operation .
Gross income above operating expenses .
Charges upon income accrued during the year:
Interest on funded debt .... $5,475.00
Interest and discount on unfunded
debts and loans 56.67
Taxes 655.58
Total charges and deductions from income
Dividends declared, 6 per cent, on pre-
ferred stock $3,000.00
Total dividends declared
Deficit for year ending June 30, 1896 ....
Amount of surplus June 30, 1896
Total deficit June 30, 1896
EARNINGS FROM OPERATION.
Receipts from passengers carried
Receipts from advertising in cars
Receipts from interest on deposits
Gross income from operation
$49,626.34
46,063.84
$3,562.50
1,033.11
$4,595.61
6,187.25
3,000.00
$4,591.64
4,625.94
$4,591.64
$49,168.54
438.34
19.46
$49,626.34
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144
RAILROAD COMMISSfOMERS' REPORT.
$43,841.79
360.24
1,661.81
300.00
$46,063.84
XXPENBEB OF OPBBATION.
General expenses:
Salaries of general officers and clerks, and all other
pay rolls and miscellaneous expenses and coal
Insurance
Transportation expenses:
Damages for injuries to persons and property .
Rent of office
Total operating expenses
PROPERTY ACCOUNTS.
Additions:
New electric line construction . $1,831.87
Total additions to railway
Electric equipment .... $5,907.24
Total additions to equipment
Additional land necessary for operation
of railway $1,000.00
Other new buildings necessary for
operation of railway .... 1,841.68
Total additions to land and buildings
Total additions to property accounts
$1,831.87
6,907.24
2,841.68
$10,580.79
General Balance Sheet.
ASSETS.
Railway:
Total cost of railway owned .
Total cost of equipment owned .
Total cost of land and buildings owned
Cash and current assets:
Cash
Bills and accounts receivable
Total cash and current assets
Total
$837.35
5,000.00
$90,223.03
100,\iO7.24
28,841.68
5,887.35
$225,809.30
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RAILROAD commissioners' REPORT.
145
LIABILITIES.
Capital stock:
Common $50,000.00
Preferred 60,000.00
Total capital stock
Ftmded debt . . . ^
Current liabilities:
Loans and bills payable .... $7,275.00
Total current liabilities
Profit and loss balance, surplus
Total
CAPITAL STOCK.
Capital stock authorized bv law, common $100,000.00
Capital stock autborizea by law, pre-
ferred 50,000.00
Total amount authorized by law . $150,000.00
Capital stock authorized by votes of com-
pany, common $50,000.00
Capital stock authorized by votes of com-
pany, preferred 50,000.00
Total amount authorized by vote . $100,000.00
Capital stock issued and outstanding, common .
Capital stock issued and outstanding, preferred .
Total capital stock outstanding ....
Number of shares issued and outstand-
ing, common 500
Number of shares issued and outstand-
ing, preferred 500
Total number of shares outstanding . 1,000
FUNDED DEBT.
First mortgage bonds, rate of interest 5 per cent, due
December 1918
Interest paid during year .... $5,475.00
$100,000.00
118,500.00
7,275.00
34.80
$225,809.80
$50,000.00
60,000.00
$100,000.00
$118,500.00
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146
RAILROAD commissioners' REPORT.
VOLUME OF TRAFFIC, ETC.
Number of passeneera carried during the year
Number of car miles run, approximate .
Average number of persons employed
971,100
96,000
55
EQUIPMENT OWNED.
Box passenger cars for electric power . . 10
Open passenger cars equipped for electric power . 16
Total
Number of all above cars with 4 wheels ....
Number of all above cars with 8 wheels ....
Construction, repair, and other work cars
Snow ploughs
Other rolling stock, steam motor
Carts and snow sleds
Horses
Harnesses, double
DESCRIPTION OF RAILWAYS OWNED AND OPERATED.
Length of railway line
Length of sidings, switches, etc
System of electric motive power in use by the company,
General Electric.
Names of the several cities and towns in which tlie rail-
ways operated by the company are located. Concord,
N. H.
26
15
11
3
2
1
3
2
12 miles.
Miscellaneous.
grade crossings with railroads.
Crossings of company* s railway with railroads at grade,
viz.:
With Concord & Claremont R. R. at West Concord,
N. H
CORPORATE NAME AND ADDRESS OF THE COMPANY.
THE CONCORD STREET RAILWAY,
Concord, N. H.
names and business address of principal officers.
John H. Albin, President; Alvin B. Cross, Treasurer; George W.
Abbott, Auditor; Nathaniel E. Martin, Clerk qf Corporation; Albin,
Martin & Howe, General Counsel; Henry E. Chamberlin, Superin--
tendent.
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RAILROAD COMMISSIONERS REPORT.
147
NAMB AND BB8IDENCE OF BOARD OF DIRECTORS.
John H. Albin, Concord, N. H. ; Greorge A. Cummings, Concord, N.
H.; Ho¥rard A. Dodge, Concord, N. H.; Gardner B. Emmons, Con-
cord, y. H. ; Paul R. Holden, West Concord, N. H. ; Dexter Richards,
Newport, N. H. ; George W. Abbott, Penacook, N. H.
We hereby certify that the statements contained in the foregoing
report are full, just, and true.
JOHN H. ALBIN,
PreiddenL
ALVIN B. CROSS,
Treamrer.
HENRY E. CHAMBERLIN,
Superintendent or General Manager,
State of New Hampshire.
Merrimack ss. Concord, 1896. Then personally appeared the above
named John H. Albin, Alvin B. Cross, and Henry E. Chamberlin, and
severally made oath that the foregoing certificate by them subscribed
is, to the best of their knowledge and belief, true.
Before me :
DEWITT C. HOWE,
Justice qf the Peace,
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L48
RAILROAD commissioners' REPORT.
REPORT
OF THE
tfASHUA STREET RAILWAY COMPANY
FOR THE YEAR ENDING JUNE 30, 1896.
OENEBAIi EXHIBIT FOB THE YEAB.
>ro88 income from operation ....
Operating expenses
•
$53,639.81
43,066.72
Net income from operation
$10,573.09
Gross income above operating expenses .
$10,573.09
Charges upon income accrued during the year:
Interest on funded debt. $8,750.00
Interest and discount on unfunded
debts and loans
96.79
Taxes
56.40
Total charges and deductions from income
, ,
8,903.19
Net divisible income
* $1,669.90
Surplus for year ending June 30, 1896
Lmount of deficit June 30, 1895
$1,669.90
36,185.81
)eduction8 during the year:
Depreciation of horses . $10,892.01
Sundry charges previous
fiscal vear . . 126.12
Accrued interest previ-
ous fiscal year . . 1,500.00
Total deductions $12,618.13
Net deductions for the year
.
12,518.13
Total deficit June 30, 1896 ....
$47,034.04
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RAILROAD commissioners' REPORT.
149
EARNINGS FROM OPERATION.
Receipts:
From passengers carried ....
From rentals of buildings and other property
From sales of manure
From advertising in cars ....
Gross income from operation .
$63,075.88
25.00
188.d8
350.00
$58,639.81
EXPENSES OF OPERATION.
General expenses:
Salaries of general officei-s and clerks ....
Greneral office expenses and supplies ....
Legal expenses
Insurance
Other general expenses:
Park maintenance, rent, freight on supplies, in-
spection, lighting, and travel liDg expenses
Maintenance of roadway and buildings:
Repairs of road-bed and track
Repairs of electric line construction ....
Removal of ice and snow
Repairs of buildings
Track oiling and cleaning, and miscellaneous
Maintenance of equipment:
Repairs of cars ana other vehicles ....
Repairs of electric equipment of cars ....
Harnesses, horse-shoeing, and veterinary care .
Repairs of tools and machinery and other articles of
equipment
Transportation expenses:
Provender
Cost of electric motive power
Wages and compensation of persons employed in con-
ducting transportation
Other transportiition expenses:
Park entertainments, lubricants, waste, and supplies
for cars . ' .
Accident insurance
Total operating expenses
$2,012.06
860.11
46.00
927.19
1,296.02
270.26
177.10
501.83
44.16
677.13
562.86
687.03
527.50
117.21
8,824.92
7,641.01
20,580.18
2,022.16
1,892.50
$43,066.72
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150
RAILROAD commissioners' REPORT.
$156,163.62
PROPERTY accounts: ADDITIONS AND DEDUCTIONS
DURINO THE YEAR.
Additions:
New construction . . 28,512 feet
Reconstruction . . 47,862 "
Extension of railway
and tracks (length . 76,374 feet) $129,064.40
New electric line construction (length,
76,874 feet) 27,079.22
Total additions to railway
Additional cars (6 in number), and 17 )
cars reconstructed . . . . > $29,493.87
Electrical equipment of same . .)
Other additional rolling stock and ve-
hicles 2,743.79
Other additional equipment . . 2,010.09
Total additions to equipment
Additional land necessary for opera-
tion of railway $2,140.40
New electric power stations, including
machinery, etc 13,590.86
Total additions to land and buildings
Additions to other permanent property:
Office furniture and fixtures . . $406.12
Park equipment 71.54
Total additions to other permanent property .
Total additions to property accounts
Deductions:
Property sold or reduced in valuation and credited
to property accounts:
Sale and depreciation of horses . $12,882.10
Total deductions from property accounts
Net addition to property accounts for the year
34,247.75
15,731.25
477.66
$206,620.28
12,882.10
$193,738.18
General Balance Sheet.
ASSETS.
Railway:
Roadbed and tracks .... $267,342.28
Electric line construction, including
poles, wiring, feeder lines, etc. . 27,079.22
Total cost of railway owned
$294,421.50
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RAILROAD commissioners' REPORT.
151
Eonipment:
Cars and other rolling stock and ve- )
hides [ $55,225.02
Electric equipment of same . . )
Horses 800.00
Other items of equipment 5,188.53
Total cost of equipment owned
Land and buildings:
Land and buildings necessary for oper-
ation of railway $28,842.46
Electric power stations, including
equipment 13,590.85
Total cost of land and buildings owned .
Other permanent property:
Office furniture and fixtures . $406.12
Park equipment 71.54
Total cost of other permanent property owned
Total permanent investments
Cash and current assets:
Cash $7,660.77
Bills and accounts receivable 812.a^
Unexpired insurance .... 2,528.14
Total cash and current assets
Miscellaneous assets:
Materials and supplies .... $1,274.95
Total miscellaneous assets
Profit and loss balance— deficit
Total
LIABIIilTIBS.
Capital stock:
Common $260,000.00
Total capital stock
Funded debt
Current liabilities:
Loans and bills payable . $49,912.31
Total current liabilities
$60,718.55
87,488.81
477.66
$398,046.02
10,901.76
1,274.95
47,034.04
$452,256.77
$250,000.00
150,000.00
49,912.81
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152
RAILROAD COMMISSIONERS REPORT.
Accrued liabilitieH:
Interest accrued and not yet due . . $2,844.46
Total accrued liabilities
Total
CAPITAL STOCK.
Capital stock authorized by law, com-
mon $325,000.00
Total amount authorized by law . $325,000.00
Capital stock authorized by votes of com-
pany, common $250,000.00
Total amount authorized by vote $250,000.00
Capital stock issued and outstanding, common
Total capital stock outstanding ....
Total capital stock liability
Number of shares issued and outstanding,
common 2,500
Total number of shares outstanding . 2,500
Number of stockholders, common ... 65
Total number of stockholders ... 65
Number of stockholders in New Hampshire,
common 23
Total stockholders in New Hampshire . 28
Amount of stock held in New Hampshire,
common $9,800
Total stock held in New Hampshire . $9,800
FUNDED DEBT.
First mortgage bonds, rate of interest, 6 per cent. ; due
April 1, 1911
Interest paid during year .... $8,750.00
VOLUME OF TRAFFIC, ETC.
Number of passengers carried during the year
Number of passengers carried per mile of railway
track operated
Number of round trips run
Number of car miles run
Average number of persons employed ....
2,344.46
$452,256.77
$250,000.00
$250,000.00
$250,000.00
$150,000.00
954,338
66,648
74,925
400,858
58
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RAILROAD commissioners' REPORT.
153
EQUIPMENT OWNED.
Box passenger cars equipped for horse power . 7
Box passenger cars equipped for electric power . 9
Total
Open passenger cars equipped for horse power 3
Open passenger cars equipped for electiic power . 14
Total
Total passenger cars of all kinds ....
Mail cars— horse 10; electric, 23.
Number of all above cars with 4 wheels ....
Number of all above cars with 8 wheels ....
Number of electric cars equipped with fendera
Snow ploughs
Carts and snow sleds
Other vehicles: 1 buggy, 1 tower wagon, 1 construction
wagon, 1 express wagon, 1 street sweeper, 2 road
scrapers
Horses
Harnesses— double, 6; single, 1; total . . . .
Other items of equipment:
Tools and machinery and steam plant for heating.
16
17
33
27
6
23
8
7
DESCRIPTION OF RAILWAYS OWNED AND OPERATED.
Length of railway line
Length of second track
Total length of main track owned, etc.
Length of sidings, switches, etc.
Total length, computed as single t^ack
14.07 miles.
.75 "
14.82 miles.
.14 *'
14.96
RAILWAY OPERATED.
Length of railway line operated ....
Length of second track operated ....
Total length of main track operated
Length of sidings, switches, etc., operated .
Total length operated, computed as single track
13.57 miles.
.76 "
14.32 miles.
.14 "
14.46 miles.
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154
RAILROAD commissioners' REPORT.
Motive Power.
ELECTRIC.
Length of railway line
Length of second track
Total length of main track
Length of sidings, switches, etc.
Total length, computed as single track .
System of electric motive power in use bv the com-
pany, General Electric Co.'s overhead trolley.
Names of the several cities and towns in which the rail-
wavs operated by the company are located, Nashua
and Hudson, N. H.
13.67 miles.
.76 *•
14.82 miles.
.14 "
14.46 miles.
MISCELLANEOUS.
Gbadb Cbobsimos with Railxoads.
NuMBBB OP Tracks at
CaossiNo.
Railroad.
Railway.
Cro88in£:8 of companv'8 railway with railroads at
grade (8 in number), viz.:
With Boston & Maine R. R., N. & A., Main street
W., N. & R.. Main street.
" " Keene, Main street
" " Keene, Temple street . . .
N. & A.. Temple street . .
W.,N. & R.,Temple street
B.&L.,Holli8 street....
N. & A.. AUds street
Total number of tracks nt croKnlnflTK- ,.,....,.,,,.,.
16
Number of above crossings at which frogs are in-
serted in the tracks 8
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156 RAILROAD commissioners' REPORT.
NAMES AND BUSINESS ADDRESS OF PRINCIPAL OFFICERS.
John D. Chandler, President^ Nashua, N. H.; August Fels, Vice-
President, Lowell, Mass.; Percy Parker, Treasurer, Lowell, Mass.;
D. D. Bartlett, Auditor^ Lowell, Mass.; J. P. Gk>ggin, Clerk of Cor-
poration, Nashua, N. H. ; George B. French, General Counsel, Nashua,
N. H. ; P. F. Sullivan, General Manager, Lowell, Mass. ; P. T. Begley,
Superintendent^ Nashua, N. H.
NAMES AND RESIDENCE OF BOARD OF DIRECTORS.
John D. Chandler, Nashua, N. H.; August Fels, Lowell, Mass.;
Percy Parker, Lowell, Mass. ; £dw. M. Tucke, Lowell, Mass. ; Ethan A.
Smith, Lowell, Mass.; Miles F. Brennan, Lowell, Mass.; John A. |
Fisher, Nashua, N. H.
We hereby certify that the statements contained in the foregoing re-
port are full, just, and true.
JOHN D. CHANDLER,
President.
PERCY PARKER,
Treasurer,
P. F. SULLIVAN,
General Manager.
State of New Hampshire.
HiLLSBOROUOH ss. September 14, 1896. Then personally appeared
the above named John D. Chandler, Percy Parker, and P. F. Sullivan,
and severally made oath that the foregoing certificate by them sub-
scribed is, to the best of their knowledge and belief, true.
Before me: JOHN P. GOGGIN,
Justice of the Peace*
Hillsborough County, N. H.
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158
RAILROAD COHMISSIOKERS' REPORT.
Maintenance of roadway and buildings:
Repairs of road-bed and track
Repairs of electric line construction ....
Removal of snow and ice
Repairs of buildings
Maintenance of equipment:
Repairs of cars and other vehicles, gross .
Car cleaning
Repairs of boiler
Transportation expenses:
Cost of electric motive power
Damages for injuries to persons and property .
Total operating expenses
PROPERTY ACCOUNTS.
Additions:
Electrical equipment of same . $3,203.46
Total additions to equipment
Total additions to land and buildings
$3,708.68
203.17
499.89
117.19
2,931.43
346.78
813.25
6,315.11
1,462.18
$29,370.25
$3,203.46
$3,203.46
General Balance Sheet.
ASSETS.
Railway:
7-
Ibe
Roadbed and track, same as last year.
£<
!:iars and other rolling stock and vehicles, same as
last year.
Electric equipment of same, 6 car
equipments $3,200.00
Total cost of equipment owned ....
Land and buildings:
Land necessary for operation of railway, same as last
year.
Cash and current assets :
Qash
$959.97
Total cash and current assets
Miscellaneous assets:
Materials and supplies, same as last year.
$3,200.00
$959.97
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160
RAILROAD commissioners' REPORT.
Motive Power,
electric.
Length of railway line
Total length of main track
System of electric motive power in use by the com-
pany. General Electric and Westinghouse systems.
Names of the several cities and towns in which the
railways operated by the company are located, Dover
and Somersworth, N. H.
MISOBLLANBOUS.
ORADB CS088IN08 WITH RAILROADS.
NuMBBR OF Tracks at
Crossing.
RaUroad.
Railway.
CrosslniTs of company's railway with railroads at
grade, viz.:
With Boston & Maine on Central avenue, Dover
" «• " Sawyers...
8
1
1
1
Total number of tracks at crosslnflrsr t^-t t-t
4
2
ACCIDENTS TO PERSONS.
Killed and Injured.
From causes be-
yond their own
control.
From their
own miscon-
duct or
carelessness.
Total.
1
1
i
1
M
1^
Passengers
Emolov^s T T--T
Other T^eraons. ..................
2
2
Xotal
2
2
We hereby certify that the statements contained in the foregoing^
report are full, just, and true.
GEORGE £. MACOMBER,
Receiver,
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RAILROAD COMM188IONKR8 REPORT.
8TATE OF Maine.
October 19, 1896. Tben personally appeared tlie above
George £. Jdacomber and made oatb tbat tbe foregoing certii
kirn subscribed is, tx> tbe beut of bis knowledge and belief, tru
Before me:
H. D. macombe;
Justice qf the 1
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FIFTY-FIRST ANNUAL REPORT
BOARD OF BANK COMMISSIONERS
STATE OF NEW HAMPSHIRE
HIS EXCELLENCY THE GOVERNOR.
DECEMBER, 1896.
CONCORD :
EDWARD M. PEARSON, PUBLIC PRINTER.
1896.
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PBINTBD BY
RBPUBLICAN PBB88 ASSOCIATION,
OONCOBD, N. H.
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\Y
BANK COMMISSIONERS BEPOBT.
shire Trust Company, and the Bank of New England, of Man-
chester, are liquidating their savings departments. The Security
Trust Company, of Nashua, is in the hands of an assignee.
The American Trust Company, of Concord, discontinued busi-
ness on January 1, 1896, with no liabilities save to its own stock-
holders, who have disposed of its assets and wound up its affairs.
Of the two building and loan associations doing business
under special charters, one, the Granite State Provident Asso-
ciation, of Manchester, is in the hands of an assignee.
THE OONDITION OP THE SAVINGS-BANKS JUNE 80, 1896.
The following comparative table, compiled from reports made
to the commissioners, shows the condition of the savings banks
at the close of business, June 30, 1896, and the changes during
the year in the different classes of securities held by them :
TABLE.
LIABILITIES.
1896.
1896.
Amoont due depositors
Qaaranty fand
Interest
Misoellaneous indebtedness
$66,746,702.87
8,410,661.89
1,898,952.74
158,924.81
$71,710,241.81
$63,215,175.84
8.857,962.44
1,489,775.46
260,058.04
$68,812,966.28
ASSETS.
Value on books
1896.
Value on books
1896.
Loans secured bv western mort^asres
$15,297,862.28
8,966,054.64
4.816.827.72
845,128.28
4,897,864.92
1,861,852.85
705,812.60
10,682,166.26
6,194,265.06
6,519,688.58
2,255,246.64
2,671,477.66
1,628,874.60
884,229.71
8,684,148.44
1,445,909.15
$12,962,145.84
9,298,562.80
4,276,106.65
758,376.91
4,492,292.79
1,094,827.51
918,961.25
9.820,885J»
5,259,846.07
6,281315.28
2,095,472.18
l|496|640!88
268,785.79
4,510,106.71
606,767.80
1,389,694.03
Loans secured by local real estate
Loans on personal security f local)
Loans on oersonal securltv f western)
Loans on collateral security riocal)
Loans on collateral security (western)
United States and state bonds
County, city, town, and district bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing and miscellaneous stocks
Miscellaneous inyestments
Real estate by foreclosure
Real estate and bank balldimrs
Gash on hand and on deoosit
$71,710,241.81
$68,812,966.28
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BANK C0MMIS8I0NEB8' REPOBT. Y
Western mortgages show a decrease of . . . $2,335,706.89
Loans on local real estate, an increase of . . 337,508.16
Loans on personal security (local), a decrease of 39,721.07
Loans on personal security (western) , a decrease
of 91,751.37
Loans on collateral security (local), an increase
of 94,427.87
Loans on collateral security (western) , a decrease
of 266,524.84
United States and State bonds, an increase of . 213,668.75
County, city, town and district bonds, a decrease
of 811,830.93
Railroad bonds, a decrease of 934,408.99
Miscellaneous bonds, a decrease of ... . 287,823.30
Bank stock, a decrease of 159,774.46
Railroad stock, an increase of 223,731.30
Manufacturing and miscellaneous stocks, a de-
crease of 125,233.72
Miscellaneous investments, a decrease of . . 120,443.92
Real estate by foreclosure, an increase of . . 875,958.27
Real estate purchased, an increase of . . . . 136,924.73
Cash on hand and on deposit, a decrease of . . 106,275.12
Total assets, a decrease of 3,397,275.53
The net decrease of savings deposits in the savings banks for
the year ending June 30, 1896, was $3,531,527.53. The
guaranty fund and surplus of the savings banks have increased
for the same period. From 1894 to 1895, there was a decrease
in guaranty fund and surplus of $582,887.52.
The aggregate amount of home loans of the savings banks —
real estate, personal, and collateral, is $18,061,962.24, an
increase for the year of $401,244.96. The aggregate amount
of western loans — real estate, including that under foreclosure,
personal and collateral — is $19,320,456.47, a decrease for the
year of $1,818,024.83. This, on the whole, is a gratifying
showing, for while the deposits have decreased during the year,
the western investments of the banks have decreased in a greater
proportion, so that to-day the assets of our banks are more in
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yi BANK COMMIB8ION1EB8' KEPOBT.
the line of investments that a conservative judgment would dic-
tate for trust funds.
It would appear from recent articles in the public prints that
there exists considerable misapprehension in regard to the
amount and character of the resources of the savings banks of
New Hampshire. The following analysis of the assets of the
banks on June 30, 1896, will show the proportion of western
and other investments :
There are invested in western mortgages, 18.9 per cent, of the
total assets.
In western personal and collateral notes, 2.7 per cent.
In foreclosed real estate, largely western, 6.6 per cent.
In local mortgages, personal and collateral notes, 26.4 per
cent.
In state and municipal bonds, 15.7 per cent.
In railroad and miscellaneous bonds, 16.8 per cent.
In bank stock, 3 per cent.
In railroad and miscellaneous stocks, 6.4 per cent.
The reduction of the deposits during the last year is $134,-
252.00 greater than the reduction of assets, showing a sub-
stantial gain realized on securities, even with the low prices that
have prevailed ; and that the value of the assets upon the books
of the banks are at consei'vative figures.
The total number of depositors, or open accounts, is 162,444,
a decrease of 1,258 for the year.
The deposits average $389.15 to each depositor, and if
divided among the people of the state would give each individual
$162.09.
The banks and savings departments of trust companies in the
hands of assignees, or that are in voluntary liquidation, owe to
their depositors at the present time the following sums, viz. :
Banks in the hands of assignees $2,414,399.81
Banks in voluntary liquidation 1,306,460.69
Savings departments of trust companies . . . 658,502.85
The law requires that the commissioners in their annual
report shall give a statement of all items of expense of institu-
tions under their supervision, the name of the treasurers and
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Ylll BANK GOMinSSIONEBS REPOBT.
part, and if they faithfully perform their duty in this respect
it is a sure preventive against dishonesty, carelessness or
neglect of the officers, and protects the depositors from loss.
The detailed report of the condition of each bank will, there-
fore, show the estimated value of the assets at tJie date when
examined, while Table No. 2 will show the value of the assets
as returned by the several treasurers on June 30th. A com-
parison of the two statements will be of value.
Notwithstanding the heavy withdrawals and shrinkage in
deposits, the savings banks are in a better condition to-day thao
in 1893, when the panic began. We reiterate what was said a
year ago, that from a more accurate knowledge of what securi-
ties can be relied on and what part of the bank's assets need
watching and strengthing; from the fact that no dividends
have been declared that were not actually earned after charging
off costs of foreclosure and expenses ; from the fact that there
are but the current year's taxes on western property to pay,
all previous neglect on the part of the owners or agents to pay
them having in most instances been ascertained and the incum-
brance discharged ; together with the fact that under the law
regulating the investment of savings banks passed at the last
session of the legislature all new investments are of an
approved and conservative character, the banks are stronger
and sounder than before.
Patience only is required on the part of the depositors.
With the assurance of public integrity, with improved markets,
and abundant harvests, there will be a steady gain in general
business until our savings institutions again rank among the
first in the land.
We have passed through a year of financial depression that
has tried to its utmost limit every industry ; there have been
many failures throughout the country, and yet an inspection of
Table No. 2, on pages 254-259 of this report, showing the item-
ized assets of the banks at their estimated value, as returned by
the treasurers June 30, 1896, in connectiofh with the examinations
made by the commissioners throughout the year, will demon-
strate that the banks which are now open for the reception of
deposits are in a sound condition and able to pay all reasonable
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X BANK GOMMI88IONEB8 REPORT.
been from time to time pursued by the commissioners as the
occasion demanded, and from which has developed a definite
and well settled policy, which is, that the banks should be
allowed to pay withdrawing depositors as long as it can be done
from the resources on hand, from collections in the ordinary
course of business, and by realizing on assets of a doubtful
character or from such as are no longer legal investments, and
to a limited extent by the sale of secunties, if at a profit, for
the reason that the money belongs to the depositor and the
bank is not weakened thereby.
But, when the demands grow to be so large as to require the
sale of quick assets, or by reason of their payment would so
reduce the assets of the bank as to render it doubtful if remain-
ing depositors could be paid in full, the commissioners have
applied to the court for an injunction forbidding further pay-
ments, which cease at once, notwithstanding notices of intended
withdrawals may have been given some weeks or months previ-
ously. This plan of action is plain and simple in itself when
considered generally, but by reason of the varying character of
the assets of different banks, difficult of application, for what
would be a perfectly safe withdrawal of money from one insti-
tution, the relatively like sum from another would border on or
cross the danger line, and when to interpose is the question.
The commissioners feel great reluctance to close a bank that
has a reasonable prospect of weathering the storm and of
restoring the confidence of its depositors in itself, because of
the consequences which follow, and they have in those instances
where it has been necessary relied on the good judgment and
more intimate knowledge of the trustees of the banks in the
surroundings and the feelings of their depositors.
The consequences which follow the closing of a bank to the
depositors are serious ; distress is caused to those who have legit-
imate needs for their money and are unable to obtain it, and
in the attempt which follows to put the bank on a firm paying
basis in the near future, many of the home investments are
called in, and local borrowers are compelled to pay the loans
and obtain their money elsewhei*e. Even if this attempt is suc-
cessful, a scar is left, which for a long time causes mistrust in
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xii BANK GOMMI88IONEB8' BEPOBT.
enjoined banks can suceessfally resiune business, the commis-
sioners feel the necessity of making every effort to that end.
A bank in active business can undoubtedly work out a lai^er
sum from its poorer securities than when they must be realized
on in liquidation. The loss of a savings bank in a locality out-
side of the cities not only deprives the people of the opportunity
to lay by for future needs a portion of their earnings, but in-
conveniences the business community and hinders the growth of
the place from the inability to obtain proper accommodation.
This necessitates a course of action on the part of the commis-
sioners which the trustees of the banks may understand and
rely upon in the management of their institution after an injunc-
tion has been sei^ved upon them. The policy of the conmiis-
sioners is, that where the management of the bank is such that
the assets are continually improving, the doubtful securities
converted into legitimate investments, the defaulted interest
collected as far as possible, and the expenses reduced to the
lowest point consistent with the proper care of the bank's inter-
ests, they should be permitted to continue under the injunction
until the bank is so strong that it can open its doors and meet
all reasonable calls upon it ; or to such a time when the deposi-
tors may indicate their desire to have the assets divided. But
where such continual and steady improvement is not being made
in the character of the bank's investments, where there is not
an increase in the property which can be divided to the deposi-
tors, or where the cost of management is not as economical as
that of an assignee, the commissioners will represent to the
court that in their judgment the bank should not continue long-
er to do business.
There exists in the minds of some persons an unreasonable
dread of what is popularly known as a receiver. Such fear,
under the practice of our court, is entirely groundless. An
assignee stands in the same relation to a bank in liquidation
that an administi*ator does to the estate of a deceased person ;
he is to settle the estate and divide the property expeditiously,
but in the exercise of a sound discretion, without needless sacri-
fice and without useless delay, and the expense is the same.
The compensation and allowance to the assignee is in each case
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XIY BANK GOMMISSIONEBS BBPOBT.
character of their mortgages was good, but the failure of
prompt payment of interest by the mortgagor in October of
this year again left the company without available funds to
meet the maturing obligations, and it was decided by the direc-
tors that it was best to have the company liquidated at once.
Mr. Lester F. Thurber, of Nashua, one of the directors, was
appointed assignee by the court. There is every reason to ex-
pect that the obligations of the company will be paid in full.
How much loss there may be to the holders of the capital
stock will depend largely on the value of the equities in the
form of second mortgages and commission notes that are owned
by the company. The depositors in the savings department of
the company may rely with great confidence on i*eceiving their
money in full with the guaranteed interest. While there has
been no decision of the courts directly on the point, it is the
understanding of the commissioners that the savings depositors
have a first lien upon the assets in that department, which, by
law, is required to be conducted separately from the trust or
banking business of the institution, and in case of an insuflS-
ciency in those assets under the coatract entered into when the
deposit is made, they become creditors of the company and
share with the general creditors in the assets of the trust de-
partment for the unpaid portion of their claims. In this case,
as in that of all the trust companies in the state having a
savings department, the directors and oflScers having willingly
allotted the securities of the better class to that department,
reserving the second moitgages and more doubtful assets to
meet the liability to their shareholders.
The Sullivan Savings Institution of Claremont was incorpo-
rated in 1838, and for many years did a successful business,
with a steadily gi*owing deposit account, until June 30, 1893, it
amounted to $1,773,000. In the next year, the deposits de-
creased $25,000, although the guaranty fund was increased to
$90,000, and there was a premium of $9,972 in the market
value of their stocks and bonds above the value upon the books.
The character of the assets, however, was not satisfactory.
The amount of the western mortgage loans, though somewhat
reduced, still largely exceeded the limit fixed by the statute in
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Xvi BANK G0MMI8SI0NEBS' BEPOBT.
much larger than has generally been supposed to be possible.
With good crops and improved conditions in the Northwest,
there probably will be little loss upon these mortgages, but time
will be required. Whatever comes from some of the western
states will have to be dug out of the ground. Capital will be
very slow in furnishing any aid to people maintaining the finan-
cial theories, and the dangerous and fallacious principles of
government that have been sanctioned in those localities.
BANK LEGISLATION.
The two acts of the last legislature relating to the manage-
ment and investments of savings banks, have by their results
demonstrated the wisdom of their enactment. As the officers
grow more accustomed to the new requirements, they meet their
cordial approval. Boards of trustees are composed only of
active, intelligent membera, who have an intimate knowledge
of the business that is being transacted, keeping constantly in
mind that they are caring, not for their own, but the funds of
others entrusted to them. The record book of investments
meets a want that has long been felt, and where accurately
kept has proved not only of benefit to the trustees and their
examining committees, but of the greatest assistance to the
commissioners. Without the aid of this record, it would have
been with the greatest difficulty that the commissioners could
have completed their work, owing to the unusual demands upon
their time and attention, and the lengthy and laborious investi-
gation of the Granite State Provident Association in the early
part of the year. The classes of securities to which the banks
have been restricted have proved so judicious, yet ample for all
practical needs, that there have been no complaints, or demands
for the repeal of the law or for its amendment. The commis-
sioners recommend that the law should be made to include the
investments of trust and banking companies, as well as savings
banks.
BUILDING AND LOAN ASSOCIATIONS.
The number of local building and loan associations has not
been increased the last year. Their total assets, October 31,
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HlflfK COWMIMHUSEBB' BEPQB9. XTil
were $1,784,114.74, an increase for the year of $192,-
K
ir loans on real estate security amount to $1,669,108.84,
leir loans on shares are $40,842.77. The amount of
)aid during the year was $84,776.76.
dues received for this period were $320,891.00, and the
awals, dues, $211,287.14. Profits withdrawn were $45,-
growth of these institutions has been steady, and where
vestments have been made with due care, and in their
iate vicinity, they are worthy of public confidence and
rt.
Granite State Provident Association, which did a national
ig and loan business under a special chailer, was on
18, 1896, placed by the court in the hands of an
ee. The business conducted by this association was very
ive, with agencies in many Western and Southern states,
shares wers sold and loans made. Theoretically, its
►f investments would produce lai^e returns, and showed
3ro8perity, but the fundamental error lay in disposing of
e part of its original mortgages in order to obtain more
to reinvest, retaining only the equities, which became of
ratively little value when defaults occurred, and forc-
es were begun.
June, 1895, the association issued an invitation to the
ig departments of the several New England states and
ites of New York and New Jersey, to make a joint exami-
of the institution, at Manchester, in conjunction with
few Hampshire commissioners. The invitation was ac-
l, and representatives of all the banking departments of
8lates, except New Jersey, were present. Such an inves-
m, under the leadership of Hon. James O. Lyford, then a
er of this board, and Hon. Charles R. Hall, chief of the
1 of foreign corporations of the New York banking
i.ment, was made into its affairs and methods of business
ed to severe criticism in the New Hampshire commis-
si report of that year, and adverse reports from the
tments of Maine and New York, and the business of the
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XTUl BAITK-COMMIBSIONEBS' BEFOBT.
association suspended for a time in those states. The very
precarious character of its business was then demonstrated.
Upon the publication of these reports, defaults in payment of
dues rapidly increased, notwithstanding extraordinary efforts of
the officers of the association to gain new members, and with
the money so obtained to meet their obligations; and there
were no available means with which to redeem the first mort-
gages sold and protect their equities. Promises of reform made
to the commissioners at the examination in 1895 were not faU
filled, and under the direction of His Excellency the Governor,
a special examination was begun in February, 1896, at which
the commissioners received valuable and extended assistance
from the banking department of New York. A special report
was made at great length to the governor in March, which was
published, and the commissioners laid the facts before the attor-
ney-general, requiring him to file an information against the
corporation for the purpose of vacating its charter, as aathor-
ized by section 14, chapter 162 of the Public Statutes, and also
petitioned the supreme court for the appointment of an assignee.
ALPHEUS W. BAKER,
JOHN HATCH,
THOMAS J. WALKER,
Board of Bank Commissioners.
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bank commi88ionebs report.
Statement of Eabninos and Expenses
(8ino9 laBt BxaminaHon)
From May 21, 1896, to June 9, 1896.
Gross income .
Interest paid out
Salaries, rents, and incidentab
Local taxes
Foreclosure expenses
Reduction of book values .
$66.66
450.21
155.00
48.47
1,400.00
$6,707.31
Net earnings
Stock dividends September, 1895, and March, 1896
To surplus
Surplus and interest, last examination
Increase
Surplus and interest, present examination
2,120.34
$3,586.97
3,000.00
$586.97
$10,999.44
586.97
$11,586.41
Incorporated 1851.
Examination June 9, 1896, by Alpheus W. Baker.
Cashier's bond, $20,000. Date of bond, Oct 29, 1894.
Annual compensation of cashier, $200.
Indebtedness of directors as principal, $1,700 ; as surety, $1,500.
Largest amount loaned to any individual, corporation, or company,
85,000.
Total amount loaned or invested in New Hampshire, $32,507.98.
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4 BANK COMMISSIONBBfl' KKPOBT.
THE EXETER BANKING COMPANY.— EXETER.
G. A. Wbntwobth, President. C. E. Byington, Cashier,
Directors — Greorge A. Wentworth, Edwin G. E^aatman, William
H. C. FoUansbj, Winthrop N. Dow, John E. Gardner, Joseph C.
HiUiard, William P. Chadwick, George E. Kent, Charles H.
Merrill.
Investment Committee — Directors of the bank.
STATEMENT.
Liabilities.
Capital stock
Basiness deposits
Certificates of deposit
Interest
Unpaid dividend
Impairment
$25,000.00
82,812.08
S,624.06
'll7!00
$114,437 97
442.60
$118,006.47
Assets.
Estimated
Market Valae.
ParValae.
Loans on personal secaritv
Loans on collateral security (local) .
County bonds
Ballroad bonds
Misoellaneoas bonds
Ballroad stock
Cash on deposit in national banks. . .
Cash on hand
$62,660.88
8,770.00
8,640.00
6,100.00
8,000.00
20,680.00
8,151.66
7,188.49
$118,996.47
$52,500.88
8,770.00
8,000.00
5,100.00
8,000 00
12,600.00
8,161.66
7,188.49
$106,215.47
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BANK GOMMISSIONEBS REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE EXETER BANKING
COMPANY.
BONDS.
Estimated
Market Value.
ParValne.
Value on
Books.
COUMTY.
CnyfthofCft, Ohio, 9ii.**t*i--..t..t »-f-
$6,460.00
8,090.00
$6,000.00
8,000.00
$6,000.01
Henneplh and Minneapolis, Minn.,4i8
8,000.«
Railroad.
$8,640.00
$8,000.00
$8,OO0.0C
ChicafTO, Burlington A Quincy, 5fl. . . .
$6,100.00
$6,100.00
$6,100.01
MlBCBLLAMBOUB.
New Haven Street Ry. Co., 6s
$8,000.00
$8,000.00
•..»..«
STOCKS.
Railroad.
Boston A Lowell
$8,160.00
7,760.00
4,000.00
840.00
4.M0.00
$2,600.00
6,000.00
2,600.00
600.00
2,000.00
$4,988.7!
Boston & Maine, pref
Concord A Montreal, class l ^ - . , . . t r ^ r
7,ooo.a
8,808.71
600.01
rVkfinnrfl Jk Mrhnf.rAAl aI&aa A
Connecticnt River t - - t » ^
4,940.01
$20,680.00
$12,600.00
$21,722^
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o bank commi8sioneb8 bepobt.
Statement of Deposits, Earnings, and Expenses
(Since last ExttminatianJ
From March Wy 1896, to April 4, 1896.
Amount of deposits at date of last examinatioii . $4,246,378^
Amount and rate of diyidends declared, 3^ per cent 131,606.32
Amount of deposits received 846,943^9
$5,224,928.45
Amount of withdrawals 1,095,696.75
Amount of deposits at close of business April 4, 1896 $4,129,231.70
Gross income — Interest, $261,674.63; premiums,
etc., $14,704.57 $276,279.20
Interest paid out ... . $7,652.69
Salaries, rents, and incidentals 9,676.54
State tax 29,851.43
Western taxes .... 2,676.69
Foreclosure expenses 2,153.02
Premiums charged off . . . 6,169.06
Losses charged off . 9,221.57
Reduction of book values 36,936.76
104,237.56
Net earnings $172,041.65
Dividend July, 1895 131,606.32
To surplus $40,435.33
. $141,282.66
40,435.33
. $181,717.99
Surplus and interest, last examination
Increase
Surplus and interest, present examination
Incorporated 1852.
Examination April 4, 1896, by John Hatch and Thomas J. Walker.
Treasurer's bond, $200,000. Date of bond, Dec. 8, 1884.
Clerks, J. E. Currier, H. L. Davis.
Annual compensation of treasurer, $7,500.
Annual compensation of clerks, paid by treasurer.
Indebtedness of trustees as principal, $130,700 ; as surety, $2,000.
Largest amount loaned to any individual, corporation, or company,
$112,102.67.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, $351,836.25.
Total amount loaned or invested in New Hampshire, $2,195,236.79.
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10
BANK COMMISSIONEBS' BBPOBT.
SOHEDULB OP BONDS AND STOCKS OF THB AMOSKBAG SAVINGS
BANK.— ConHnued.
BONDS.
Estimated
Market Value.
Par Value. "^^^^^
Railroad. —Continued,
Afnount brought fortenrd
$880,871.26
16,600.00
16,000.00
8,100.00
21,000.00
19,600.00
44,860.00
26,280.00
16,000.00
10,000.00
22,900.00
1,800.00
21,000.00
12,400.00
$861,826.00
15,000.00
25,000.00
9,000.00 ;
4,600.00 t
60,000.00
26,000.00
89,000.00
82,000.00
20,000.00
10,000.00
26,000.00
8,000.00
26,000.00
10,000.00
$886,646.00
15|000'.O0
C&nEstotft Nortbsm, 68
Wisconsin Centml, 58
Kansas City, Minneapolis & Birming-
ham, 58
Kansas City, Minneapolis ABirmin]?-
ham, 4s. -...•.•-.•-. . T.i-t
8,000.00
Chioago A Northern Paoiflo, 58
Atchison, Topeka & Santa F6, 48
OhicaiTO & Northwestern, 68
Pe<iria & Eastern, 48
25,000.00
88!000.O0
25,600X10
20,0004»
9,476.00
28,125.00
2,460Un
22.750.00
io,oooun
ByansYille & Indianapolis, 68
OflrdensbnrflT Transit 5o.. 8s
Great Northern, 48
Chicago & North Miohifan, 6s
Oolambas, Hooking Val. & Toledo, 6s
Watertown A Rome. Ta
MiSOBLLANBOVB.
$604,701.26
$668,826.00
$668,206.00
Watenrliet Tampike A B. B. Co., 6s..
Nashua Card A Glased Paper Co., 6s.
Swift A Co.. Chicago. 68
$11,000.00
16,000.00
24,600.00
9,976.00
10,000.00
21.000.00
6,600.00
8,000.00
10,000.00
4,000.00
$10,000.00
15,000.00
26,000.00
9,500.00
10,000.00
20,000.00
io,ooo!oo
10,000.00
4,000.00
$10,000.00
15,000.00
25.000.00
9!060!00
oiSTOioO
4,260.00
10,000410
4.000.00
Indianapolis Water Co., Ind., 6s
ToDeka Water SqddIv Co.. 6s
MinneapoUs Gas Light Co., 6s
Nebraska Loan A Tnist Co., deb., 68.
Mascatine Mort. A Trust Co., deb., 6s
Minneapolis Terminal Elevator Co.,7s
Consolidated Elevator Co., Duluth,
Minn., 6s
STOCKS.
$119,976.00
$120,000.00
$114,070.00
Bank.
Amoskeag National, Manchester ....
$148,600.00
16,800.00
18,600.00
10,600.00
17,600.00
4,050.00
12,600.00
10.700.00
28,800.00
18,680.00
6,500.00
6,860.00
7,460.00
6,400.00
1,186.00
288.00
8,250.00
4,600.00
$90,000.00
10,000.00
22,600.00
10,000.00
10,000U)0
6,000.00
10,000.00
10,000.00
11,000:00
6,*ooo!oo
5,000.00
6,000.00
'2oo!oo
2,600.00
4,000.00
io,ooo!oo
12,600.00
10,000.00
10,000.00
5,000.00
10.000.00
2o|ooo!oo
11,000.00
5,000.00
5,000.00
5.000XM)
5,0004)0
1,6004)0
200.00
Merchants Nat'I, Kansas City, Mo...
Mollne National, Moline, 111.
American Exchange NatM, New York
Tremont National, Boston
Central National. Boston
North National. Boston
Atlantic National, Boston
National Exchange, Boston
National Bank of Commerce, Boston
Shawmut National. BoHton , - r
Nat'l Bank of the Republic, Boston. .
Eliot NaUonal, Boston
National Citv. Boston
Atlas National Boston
Pemigewasset National, Plymouth . .
Laconia National, N. H
2,600.00
4,000.00
Railroad.
$804,768.00
$226,700.00
$216,700.00
Chicago, Burlington A Quincr
Chicago, Rock Island & Paoiflo
$66,874.00
14,200.00
$86,200.00
20,000.00
$78,2704»
16,000.00
Amount carried forward
$80,674.00
$106,200.00
$89,270.00
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BANK COlfMiaSIONEBS' BBPOBT.
11
BDULB OF BONDS AND STOCKS OF THR AM08KBA6 SAVINGS
BANK.— Gkm«n«Md.
STOCKS.
Estimated
liarketValae.
Par Valoe.
Value on
Books.
ElAi LmoAi>.-^Continued .
iHiiil brouaht forward
$80,574.00
82.900.00
84,000.00
22,060.00
21,800.00
21,000.00
82.000.00
18,600.00
1,430.00
80,800.00
48,800.00
60,300.00
64,100.00
8,876.00
$106,200.00
85,000.00
60,000.00
28,000.00
24,000.00
12,000.00
26,000.00
i8',ooo!oo
80,000.00
80,000.00
85.000.00
61,050.00
7,600.00
$89,270.00
84,860.00
60,000.00
28,000.00
16,000.00
12,000.00
26,000.00
18,000.00
2,000.00
80,000.00
80,000.00
28,600.00
60.060.00
7,500.00
Central.:....
& MBin6, common
)rk Central A Hudson Riyer. .
n. In New Hampahlre
d & Portsmoath
waaset Vallev
an Central.
0 A iveiit Michlgran r . .
0 A Northwestern, common.,
bore A Michigan Soathem.. . .
d A Montreal, claaa 4
Iranla
llle ft Terre Haate
Maicufaoturino.
$605,119.00
$461,760.00
$411,170.00
[Ills. Manchester
$28,960.00
60,600.00
68,640.00
7,160.00
60,000.00
2,600.00
2,460.00
$80,000.00
60 000.00
86,000.00
6,000.00
60,000.00
5,000.00
4,900.00
$80,000.00
60,000.00
86,000.00
5,O00JX>
87UW0.00
sster Mills
Basr M*Vg Co., Manchester...
WVg Co., Manchester
Plow Co.. Moline. Ill
eltinfir Co., pref
d Axle Co
2.600.00
2,460.00
MiSOBLLAHBOUS.
$195,190.00
$180,900.00
$168,460 JX>
Railroad BridseCo
$60,660.00
8.000.00
68,800.00
80,600.00
2,626.00
22,000.00
$85,000.00
1,000.00
40,000.00
20,000.00
2,500.00
20,000.00
$85,000.00
1.000.00
98ter Gas Ligl^t Co
Express CoT
40.000.00
20.000.00
2,500 JX>
20,000.00
n*s Palace Car Co
ter Tmat Co
Express Co
$177,576.00
$118,500.00
$118,500.00
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12
BANK COMMISSIOinSBS' BEPOBT.
ASBOAND SAVINGS BANK.— ASHLAND.
Moses W. SHAPLBiaH, President. F. M. Hughes, l^^asurer.
Trustees — ^Moses W. Shapleigh, Hiram Hodgdon, Leyi Cloogfa,
Ora A. Brown, Thomas P. Cheney, Frank L. Hughes, Francis
M. Hughes.
Investment Committee — Hiram Hodgdon, Frank L. Hughes,
Moses W. Shapleigh.
STATEMENT.
Liabilities,
Amonntdae depositors
Onaranty ftind
Interest
Impairment
$82,708Jn
8,782.98
409.88
$86,861.14
210.00
$86,841.14
$82,706.88
8,7SS.96
$86,861.14
Assets.
Estimated
Market Value.
Par Valae.
Valae <m
Books.
Loans secured by western mort-
ga^res ,
Loans secured by local real estate..
Loans on personal secnrlty (local)..
Loans on personal security (west-
em)
Loans on collateral security (local).
County bond s
Miscellaneous bonds
Miscellaneous stocks
Beal estate by foreclosure
Beal estate purchased
Cash on deposit in national banks. .
Gash on hand
$7,675.00
8,601.00
4,880.00
1,000 00
2,926.00
1,900.00
4,290.00
1,800.00
1,860.00
2,100.00
66.98
611.21
$86,641.14
$7,676.00
8,601.00
4,880.00
1,000.00
2,926.00
2,100.00
4,800.00
1,800.00
1.860.00
2,100.00
66.98
611.21
$86,851.14
$7,675.00
8,eoi.oo
1,000.00
2,925.00
2,100.00
4400.00
1,800.00
1,860.00
2,10000
68.96
611.21
$86,861.14
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14
BANK COMMlflSIONBBS' BXPORT.
SCHBDULB OP BONDS AND STOCKS OP THE ASHLAND SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Valae on
Books.
OOUlfTT.
$100.00
$100.00
2,000.00
$100ilO
2,000.00
San Mlffuel. N. M.. 6s
MlBOBLLAKBOUS.
$1,900.00
$2,100.00
$2,100.00
Crlppen, Lawrence A Co., deb., 6s . . .
Dakota InyeBtment Co., deb., Ts
SecnritT Tmst Co. deb.. 68
$90.00
1,900.00
1,800.00
1,000.00
$100.00
1,900.00
1,800.00
1,000.00
$100.00
1.900.00
1,800.00
l,000iM
Grand Forks Qas and Electrio Co.,68.
STOCKS.
$4,290.00
$4,800.00
$4,800JN
MlSCBLLANBOUS.
RAoniHIrv Tmst Go
$1,800.00
$1,800.00
$1,800.00
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16
BANK GOMMI88IONEB8 REPORT.
Statement of Deposits, Earnings, and Expenses
(8ine» latt RxaminaiionJ
From January 29^ 189S, to January 20, 1896.
Amount of deposits at date of last exanunation $1,124,920.0
Amount and rate of dividends declared, 3^ per
cent . 36^7.«
Amount of deposits received .... 117,920.3
Amount of withdrawals
Amount of deposits at close of business Jan.
20,1896 .
Gross income .
Interest paid out
Salaries, rents, and incidentals
State tax
Local taxes
Western taxes ...
Foreclosure expenses
Premiums cha^d off
Losses charged off
$1,278,148.0
205,780.a
$1,072,367.7
$59,108.0
$2,685.99
3,300.82
6,502.73
290.40
8,331.12
6,138.99
895.00
361.18
Net earnings
From surplus .
Dividends March and September, 1895
Surplus and interest, last examination
From surplus
28,506.2;
$30,601.8
4,705.8
$35,307.6
$17,015.7
4,705.8
Surplus and interest, present examination $12,309.8
Incorporated 1868.
Examination Jan. 20, 1896, by board of bank commissioners.
Treasurer's bond, $85,000. Date of bonds, Jan. 21, 1885, au*
Oct 29, 1892.
Clerk, Edgar F. Reeves.
Annual compensation of treasurer, $2,000.
Annual compensation of clerk paid by treasurer.
Indebtedness of trustees as principal, $4,000 ; as surety, $2,265.0C
Largest amount loaned to any individual, corporation, or compan)
$30,000.
Amount of loans secured by mortgage in this state at a rate no
exceeding Ave per cent, per annum, $36,500.
Total amount loaned or invested in New Hampshire, $365,532.56.
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BAKK COMMIWIONBB8' BXPOBT.
SOHBDULB OP BONDS AND STOCKS OF THB BBLKNAP BAYINOS
BANK.— Oon«nu«d.
BONDS.
Bstlxnated
Market Valae.
Pap Valae.
Value on
Books.
MisoBLiJLifBouB.— OontintMd.
Afntntnt brought forward
Minneapolis General Electric Co.,
Minn., 6s
Minnesota Thresher M'Vg Co.. 6s —
Swift & Co., Chicago, 6s
Ikconla Car Co., 6s
United States Cordage Co., N. J., 6s.
Crlppen. Lawrence A Co., deb., 6s. . . .
Bqaitabl^ Securities Co., 4s
Tnist Company of America, deb., 6s.
New Bng. Loan & Trust Co., deb., 6s.
Winfield Mort. A Trust Co., deb., 6s. .
Bessemer Ditch Co., 7s
Lamar Land A Canal Co., Col., 78 —
Western Irriga'n A Land Co., Kan.,7s.
Klmball-Champ Inyea*t Co., deb., 6s.
STOCKS.
Bank.
Laoonia National
People's National, Laconia
Citisens' National, Tilton
Railroad.
ByansY ille A Terre Haute
MlSOBLLAKBOUS.
Nashua Trust Co
Consolidated Oas Co., New York
Trust Company of America
$68,490.00
$66,600.00
$68,875.00
6,000.00
5,000.00
6OO0J0O
6.000.00
6,000.00
6,000.00
600.00
600.00
600.00
80,000.00
80 000.00
80tOOOJM>
960.00
8.200.00
8,200.00
4.600.00
6.000.00
8,780 00
1,000.00
1,000.00
1.000.00
6,000.00
5.000.00
6,000.00
6,000.00
6,000.00
6,000.00
6U0.00
1.000.00
1,000.00
8,440.00
8.440.00
2,440.00
5,000.00
6,000 00
6,000.00
6,000.00
6.000.00
6.000.00
2.600.00
6,000 00
4,000.00
$126,860.00
$184,640.00
$129,265.00
$6,060.00
$4,400.00
$4,400.00
2,200.00
2,000.00
2,000.00
1,680.00
1,400.00
1.400.00
$8,940.00
$7,800.00
$7,800.00
$4,660.00
$4,660.00
$8.000410
$5.00000
$6,000.00
28,260.00
16.000.00
14.600.00
1,600.00
8.000.00
iJSOMO
$29,760.00
$28,000.00
$2S,000j00
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20 bank commi88ioneb8' rbpobt.
Statement of Deposits, Eabninqs, and Expenses
(Sinee laait Sxamination)
From June 12, 1896 y to June 3, 1896.
Amount of deposits at date of last examination . $621,267.61
Amount and rate of dividends declared, 3 per cent. 18,049.18
Amount of deposits received 85,010.20
$724,326.99
Amount of withdrawals 124,457.00
Amount of deposits at close of business June 3, 1896 $599,869.99
Gross income — Interest, $27,292
.00;
premiums.
etc., $95.00
.
127,387.00
Interest paid out
$749.42
Salaries, rents, and incidentals
2^77.94
State tax
4,130.00
Local taxes
196.00
Western taxes . . . .
994.55
Foreclosure expenses
1,498.42
Premiums charged off . . .
136.25
Carried to guaranty fund
2,050.00
19>5«9!fa»
Net earnings $15,054.42
From surplus 2,994.76
Dividend July, 1895 ' $18,049.18
Surplus and interest, last examination $17,895.28
From surplus 2,994.76
Surplus and interest, present examination . $14,900.52
Incorporated 1868.
Examination June 3, 1896, by Alpheus W. Baker.
Treasurer's bond, $30,000. Date of bond, July 12, 1895.
Clerk, Elaymond Cavis.
Annual compensation of treasurer, $1,300.
Annual compensation of clerk, $500.
Indebtedness of trustees as principal, nothing ; as surety, $60.
Largest amount loaned to any individual, corporation, or company,
$8,600.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $55,908.04.
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22
BAITK COMMISSIOinSBfl' BBPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE BRISTOL SAVINGS BANK.
— (Tontinued.
BONDS.
Estimated
Market Valne.
Par Value.
Value on
Books.
MlBCKLLANBOUS.
Wlnfleld Mort. A Trust Co., deb., 68.
Nebraska Loan & Trust Co., deb., 6b
Muscatine Mort. A Trust Co., deb., 6s
New Hampshire Trust Co., deb., 68
Marinette Water Co., Wis., 68
Arkansas City Water Co., Kan., 6s.
Munde Water Works, Ind., 6s
Denver Consolidated Electric Co., 6s
Wichita Water Co., Kan., 68
Merrill City Water Co., Wis., 68
Huntington Water Co., W. Va., 68 —
Kearney Cl^r Water Co., Neb., 68 —
Arkansaw water Co., Little Rock,
Ark., 6s
Decatur Water Co., Ala., 48
Mason Gas Light A Water Co^ Ga., 68
Fairfield Gas A Electric Co., Iowa, 68
Hutchinson Water, Light A Power
Co., 68
Western Electrical Construction Co.,
Denver, 6s
Newark A Granville Electric Street
Ry., Ohio, 68
Ottawa Water Co., 111., 68
STOCKS.
Bank.
Gasco National, Portland, Me
MiSOBLLANBOUS.
Anglo* American Land Mort. Agency
Co..
Nebraska Loan A Trust Co
Muscatine Mort. A Trust Co
New Hampshire Real Estate Co.
$1,600.00
7,000.00
2,040.00
720.00
6,000.00
6,000.00
6,000.00
4,000.00
8,000.00
8,000.00
8,000.00
2,000.00
10.000.00
11,500.00
7,000.00
6,000.00
10,000.00
6,000.00
6,000.00
1.000.00
$96,760.00
$6,194.00
$10,000.00
* 'l,V76.00'
$11,175.00
$8,000.00
7,000.00
2,660.00
900.00
5,000.00
6,000.00
6,000.00
4,000.00
8,000.00
8,000.00
8,000.00
2,000UM)
10,000.00
11,500.00
6,000.00
10,0
6,000.00
6.000.00
1,0 —
$8,000.00
7,or
700.00
5,000.00
5,0Q0U»
4,000.00
8,000.00
8,000.00
8,OOOjOO
$96,960.00
1.00
$7,000.00
10,000.00
10,000.00
1,176.00
$28,175.00
10,01
11,600.00
7,or- -
5.0(
10,000.00
6,000.00
6.000.00
1,0( "
$96,750.00
$5,800.00
$6,80OJIO
10,C —
1,175J»
$20,475.00
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BANK COMMIBBIOinSBS BBPOBT.
lESHIRE PROVIDENT INSTITUTION.— KEENE
Batchbldbr, President. Oscab 6. Nims, Treasu
rea—W. S. Briggs, R. H. Porter, George A. Wheelock, S
tly, F. C. Faulkner, George H. TUden, H. B. Viall, Fred
Faulkner, George W. Stearns, J. G. Bellows, Wm. H. El
I. Kingsbury, Franklin Ripley, J. E. Wright, Oscar G. N
!. Faulkner, Walter R. Porter.
ment Committee — A. T. Batchelder, R. H. Porter, F,
Ikner, Wm. H. Elliot, Oscar G. Nims.
STATEMENT.
Liabilities.
t dno deDOsitors
$l,891Jt6.18
110.000.00
87,126.78
186.801.60
$1391/
110,(
87,
ty fund
nlcB
186,1
ment
$2,224,788.41
89.886.01
$2,186,847.40
$2,224.'
Assets.
Estimated
Market Value.
Par Value.
Value
Bool
aeenred by western mort-
(
lecured by local real estate.. .
>n personal securitv (local)...
on personal security (west-
>n collateral security (local)
on collateral security (west-
, city, town, and district
»
d bonds
aneous bonds
tock
,d stock
aneous stocks
Judgments
I ate oy foreclosure
tate purchased: bank build-
1 deposit in national banks. .
ihand
I hands of agents
$841,666.22
867.162.06
61,626.88
26,698.40
66,426.92
106,822 J»
196,806.40
68.476.00
865.680.00
182.260 00
26.840.00
48,810.71
2,468.67
860,161.49
60,468 Jn
4,965.87
8.176.09
4,104.40
$2,186,847.40
$841,666.22
867,162.06
61,626.88
26,698.40
66,426.92
106.822 69
190,888.44
74.760.00
464.496 47
78,400.00
21.000.00
72.671.42
2.468.67
860,161.49
60,468.81
4.965.87
8.17609
4.104.40
$2,260,676.62
1841,1
a'S7.
61,
26.
66,
106,
190.
60,
429.
112,
21.
46,
2.
860,
60,
4,
8,
4.
$2,224,
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24 BANK COMMIBBIOinSBS' BEPOBT.
Statement of Deposits, Eabninqb, and Exfenbbs
(Since latt BxaminatUmJ
From May 27, 1895, to AprU £7, 1896.
Amount of deposits at date of last examination . 92,476,779.4
Amount and rate of dividends declared, 3^ per cent 71,097^
Amount of deposits receiyed .... 135,311.0
92,633,188.0
Amount of withdrawals 791,472.8
Amount of deposits at close of business April
27, 1896 91,891,715.1
Gross income — Interest, $101,401.03 ; rents, $773.-
95 ; premiums, etc., $44,085.88 . . $146,260.8i
Interest paid out .... $5,503.37
Salaries, rents, and incidentals 4,716.83
State tax 16,021.49
Losses charged off 11,270.12
Reduction of book yalues 22,150.00
Carried to guaranty fund 5,000.00
64,661.8
Net earnings $81,599.0i
Dividends October, 1895, and April, 1896 71,097.5;
To surplus $10,501.5!
Surplus and interest, last examination $26,625.2<
Increase 10,501.5!
Surplus and interest, present examination . $37,126.71
Incorporated 1833.
Examination April 27, 1896, by Alpheus W. Baker and John Hatch
Treasurer's bond, $150,000. Date of bond, Jan. 19, 1882.
Clerks, A G. Porter, G. F. Reed.
Annual compensation of treasurer, $3,500.
Annual campensation of clerks paid by treasurer.
Indebtedness of trustees as principal, $12,000 ; as surety, nothing
Largest amount loaned to any individual, corporation, or company
$30,000.
Amount of loans secured by mortgage in this state at a rate noi
exceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $538,247.85<
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BANK COMXiaSIOHSBS' BXPOBT.
25
»ULE OF BONDS AND STOCKS OF THE CHBSHIBB FBOVIDBNT
INSTITUTION.
BONDS.
EstUnated
Market Valae.
Par Valae.
Valae on
Books.
COUKTT.
H,, 68
te, Col.t78
oel, N. M., 6e...
0I..88
:dalio,88
;ol.,to
i^yo.,6«
1, Idaho, 88
Idaho, 8it
!e, So. Dak., 5s.
.N. M.,Os
Col.. 7s
e, Col., 6s
,. Col.tOs
I.Idaho, 7s
lol.,78
:;oi., 6s
City and Town.
k>.Dak.,78
, Dak., 78
Texas, 78
Kan., (ts
irf(h, Wash., 68
nas,Col.,88
[>n, 80. Dak., 88
Kan., 88
1, Kan., 88
School Dibtbict.
. Coontj, No. 9, Col., 8s .
nty. No. 88, Idaho, 88.. . .
BAIUtOAD.
Paolflo, 6s
ta Northern. 68
iciflo, Lincoln & Colorade,6s.
A West Michigan, 5s
ftWest Michigan, scrip, 448
& North Michigan, 5s
MlSCBLLANKOUS.
as Light Co., 6s
Id Water Co., Mass^ 6s
Water Supply Co., Kan., 68. .
)r Ditch Co., Col., 78
int Cemetery Ass'n, Col., 6s. .
an & Trust Co., deb.. 6s
1 Investment Co., deb., 68. . . .
Qe Mort. & Trust Co., deb., 6s
»stern Trust Co» deb., 6s. . .
mpshire Trust Co., deb., 4s
Loan A Trust Co., deb., 6s
Inland Loan & Tr. Co., deb. ,6s
n Investment Co., deb., 68
unt carried forward
•2,000.00
6,000.00
4,600.00
6,000.00
8.000i)0
18,000.00
10,000.00
21,800.00
10,900.00
10,000.00
18,000.00
5,000.00
6,060.00
7,000.00
6,540.00
10,600.00
1,200.00
$188,600.00
$6,000X0
10,400.00
5,000.00
8,000.00
6.200.00
6,180.00
6,200.00
7,020U)0
1,806,40
$48,866.40
$8,240.00
6,200X0
$18,440.00
$7,600.00
86,400.00
7,200.00
5,900.00
875.00
6,000.00
$68,476.00
$5,000X0
16,000.00
8,600.00
10,000.00
10,000.00
10,000.00
16,180X0
8,400.00
400.00
100,800.00
11,600.00
15,01 '0.00
8,160.00
$204,080.00
$2,000.00
6,000.00
6,000.00
5,000X0
2,000X0
18,000.00
10,000.00
20.000.00
10,000X0
10,000.00
18,000.00
6.000.00
6,000X0
7,000.00
6.000.00
10,000.00
1.200.00
$180,200.00
$6,000X0
10,000.00
6,000.00
8,000.00
6,000X0
6,000.00
5,000X0
6,600X0
1,688.44
$47,188.44
$8,000.00
$18,500.00
$10,000.00
24,000.00
20.000.00
10,000.00
760.00
10.000.00
$74,760.00
$6,000.00
16,000.00
5.000.00
10,000.00
10.000.00
10.000.00
16,180.00
4,250.00
400.00
186,000.00
14.500.00
15,000X0
7,000.00
$288,880.00
$2,000.00
6,000X0
6,000.00
6.000.00
2.000.00
18,000X0
10,000.00
20,000X0
10,000X0
9,600.00
18,000.00
6.000.00
6,000X0
7,000X0
6,000.00
10,000.00
i,2r- "
$129,800.00
$6,000.00
10,000.00
6.000.00
8,000.00
6,000X0
6,000.00
5,000.00
6,600X0
1,870.94
$46,870.94
$8,000X0
6,600.00
$18,500.00
$10,000.00
24.000 00
7,000.00
9,960X0
760.00
9.126.00
$60,825.00
$5,000.00
18,960.00
4.975.00
10,000.00
9.500.00
10,000.00
16,180.00
4,250.00
400.00
119,00i).00
12,000.00
15,000.00
8,172.00
$228,427.00
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BAKK COMMUSEOirBBS' BXPOST.
8CHBDULB OF BONDS AND STOCKS OF THB 0HB8HIBB PBOVIDBMT
INSTITUTION.— CbniinuMl.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Booka.
MX80BLLANBOU8.— OonMiitt«d.
^tiiouttl hrottaHt forvtskTA .........
$204,080.00
$288,88QU»
7,166.47
iiloooioo
6.000.00
io!ooo.oo
IQfiOHM
6,600.00
27,600.00
10,000.00
27,000.00
$228,417410
7,106 47
DfliVldiioii InTAiitiiiAnt: Co dAb . 7m. . .
Globe Inyestment Co., deb., 6e
Dakota Inyestment Co.. deb., 6|« . . . .
Denrer Consolidated Eiec. Co., 68 . . .
Black HllU OoUege, So. Dak., 88
TezarkaDa Water Co., Ark., 68
We8tem Irrlga. ft Land Co., Kan., 7s
Wichita Elec. By. A Light Co., 88 ... .
Metropolitan By. Co., Denyer, Col.,68
Prowers County Land A Irrigation
Co., Col.,68
Inyestment Trust Co. of America, 68.
ii',ooo*.oo
15,000.00
6.000UM
10,000U)0
10,000.00
loiiooioo
6,600.00
io!ooo!oo
18,500.00
10,000.00
11,000.00
6,00Oj0O
9,000,00
10,QOOjOO
68,500.00
10,000J»
6,500J»
27,500.00
lO.oQoun
Cltlsens* Bleo. Co., Wichita, Kan.. 68.
27,00OJ)0
STOCKS.
$886,680.00
$464,486.47
$429,698.47
Bank.
Keene National
19|060;00
14,400.00
6,250.00
16,486.00
28,100U)0
18,876.00
20,000.00
14,600.00
12l700!00
9,000.00
8^500.00
15,700.00
16,600X0
2,600.00
600.00
10,000.00
$4,7SBjOO
Aflihn Alot Nfttionftl Kefinfi ............
U.200jOO
Gheahire National
CitiBens' National. Keene
8,600j80
16.7OOJ00
16,500jOO
12JS0OJ0O
17,OOOU»
14,00Oj0O
Winchester National, Winchester . . .
Importers A Traders' National, N.Y.
OhAmlcAl National N Y
Nat*l Bank of the BepnbUc, Boston. .
Raii«boad.
$182,260.00
$73,400.00
$112,688.00
Morris A Essex
$18,040.00
8,800.00
$11,000.00
10.000.00
$ii.oo$un
10,000.00
New York, Brooklyn A Manhattan
BAaoh nref ... .....................
MiSCBLLANBOUS.
$26,840.00
$21,000.00 $21.0004»
Iowa Loan A Tmst Co., Des Moines,
Iowa
Tmst Company of America
•26,000.00
8,460.00
12,700.00
8,876.00
4,286.71
$20,000.00 $20,000^
6,900.00 6.900.00
12.700.00 11,200.00
4,600.00 1 4,600J»
28,671.42 1 4,285.71
Denyer Consolidated Elec. Co
Beal Estate Tmst, Tacoma, Wash...
Wichita Elec. By. A Ught Co., pref..
$48,810.71
$72,671.42
$46,886.71
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BAKK COMlOMIOinSBS' BSPOBT.
27
CITY GUARANTY SAVINGS BANK.— NASHUA.
Chab. H. Buknb, President. Gso. A. Ramsdbll, Treasurer.
Trustees — Charles H. Barns, John A. Spalding, James H. Reed,
Mark R. Buxton, George F. WUbar, Greorge B. McQaesten,
James Swallow, Daniel A. Fletcher, Andrew N. Shepard, Daniel
T. Bnttrick, William R Rotch, Lather A. Roby, Franklin M.
Winn, Gieorge A. Ramsdell.
Investment Committee — Charles H. Bams, John A. Spalding,
Greorge A. RamsdelL
STATEMENT.
Liabilities.
Amaant doe depositors.
Gnarmnty f and
Interest
PwwmliiTn
$464,681.02
$58S,901J6
Assets.
Estimated
Market Value.
Par Valae.
Value on
Books.
Loans secured by western mortgagees
Loans seoored by local real estate . .
Loans on personal security (local) . .
Loans on personal security (weMtem)
Loans on collateral secnrfty (local) .
Loans on collateral security (west-
em)
United States bonds
Ooonty, city, town, and district
bonds
Miseelianeoas bonds
Bank stock
Railroad stock
Manufacturing stock
Mlsoellaneous stocks
Seal estate by foreclosure
Cask on deposit in National banks . .
Cash on hand
$81,980.00
199,086.81
40,848.10
1,866.00
88,980.00
1,185.00
11,787.60
70,880018
8,760.00
10,000.00
96,812.60
1.000.00
7,000.00
19,760.00
10,188.86
985.20
$81,930.00
199,066.81
40,848.10
1,866.00 I
86,930.00 I
1,185.00 I
10,000.00 I
67,987.96 |
9,700.00 '
10,000.00 I
68,700U)0
1.600.00 ,
7,000.00 I
19,760.00
10,188.86
986.20
$545,841.86
$607,609.46
$81,980.00
199.066.81
40,848.10
1,868.00
86,980.00
l,186i)0
11,600.00
67,987.96
9,700X0
10,000.00
82,71;^a!0
1,500.00
7,000.00
19,760.00
10,188.86
986.20
$688,201.96
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28 BANK COKMIflSIOKBBfl' BEPOST.
Statembkt of Dbposits, Eabnikos, and Expenses
(Sinee Uut SxaminationJ
From June 26, 1896, to June 16, 1696.
Amount of deposits at date of last examination . 1^445,124.12
Amount and rate of dividends declared, 3^ per cent. 13,582.52
Amount of deposits received 89,651.54
9548,358.18
Amount of withdrawals 83,777.16
Amount of deposits at close of business June 15, 1896 $464,581.02
Gross income
• • •
931.0U.76
Interest paid out
«622.83
Salaries, rents, and incidentals
2,681^
State tax
3,826.62
Western taxes
84466
Foreclosure expenses
699.23
Reduction of book values
4,260.76
Dividend to stockholders .
2,600.00
16.434.18
Net earnings $15,577.58
Dividend general depositors, April, 1896 . 13,582.52
To surplus $1,995.06
Surplus and interest, last examination $1,625.87
Increase 1,995.06
Surplus and interest, present examination $3,620.93
Incorporated 1863.
Examination June 15, 1896, by Alpheus W. Baker.
Treasurer's bond, $75,000. Date of bonds, June 1, 1893, and
October 7, 1805.
Clerk, William R. Wilcox.
Annual compensation of treasurer, $1,500.
Annual compensation of clerk, paid by treasurer.
Indebtedness of trustees as principal, $2,020 ; as surety, $3,145.
Largest amount loaned to any individual, corporation, or company,
$10,000.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, $199,086.81.
Total amount loaned or invested in New Hampshire, $360,740.97.
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30
BANK comaanoirBBs' bbpobt.
COCHECHO SAVINGS BANK.— DOVER.
MiCAJAH S. Hanboom, President. Ha&bt Hough, Treamrer.
Trustees — ^Micajah S. Hanscom, John S. Glass, Ralph Hough,
Benjamin F. Eennard, Ehen C. Berry, William F. Nason^
Isaiah Wiggin.
Investment Committee — Eben C. Berry, William F. Nason, Isaiah
Wiggin.
OLD ACCOUNT.— STATEMENT.
Liabilities,
Amoant due depositorA
Intoret
Sarolas from assets set aside at time
of redaction of deposit accounts.
Premlam
$200,886.98
8,880.96
6,854.68
1,067.76
•224,6004(2
6,864.68
$228,622J97
Assets.
Estimated
Market Valae.1
Par Value.
Loans secared by local real estate .
Loan ^ on personal security (local) .
Loans on collateral security (local)
City bonds
Railroad bonds
Mitfcellaneous bonds
Bank stock
Railroad stock
Real estate purchased (bank build-
in|?)
Oasn on deposit in national banks • .
$116,6
16,800.00
18,955.97
16.760.00
21,660 00
1,046.00
10,026.00
17,000.00
10,000.00
1,770.46
$224,600.82
$116,608.89
16,800.00
18,065.97
16,000.00
90,000.00
1,000.00
18,000.00
10,0 —
10,000.00
1,770.46
$218,220.82
Value on
Books.
$116,608.80
16,800.00
18.965.97
15.000U»
20,968.76
l,0OOUIO
10,026X0
18,008.50
10,0004»
1.770.46
$228,682JS7
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bank gommissionisbs' repobt. 31
Statement of Deposits, Eabninos, and Expenses
(Sinee last ExaminationJ
From September 20, 1896y to September S. 1896.
it of deposits at date of last exami nation S213,860.70
it and rate of dividends declared, 3 per cent. . 5,992.90
it of deposits received 18,369.20
$238,222.80
It of withdrawals 28,386.87
it of deposits at close of business Sept. 3, 1896 $209,836.93
$11,969.77
income .
)t paid oat
», rents, and incidentals
ax . . .
taxes
$99.83
1,105.59
1,697.94
295.39
3,198.75
earnings $8,771.02
nds January and July, 1896 .... 5,992.90
lurplus $2,778.12
s and interest, last examination . . $5,552.84
Be 2,778.12
)lus and interest, present examination $8,330.96
orated 1872.
nation Sept. 3, 1896, by John Hatch.
irer's bond, $40,000. Date of bond, March 23, 1892.
1 compensation of treasurer, $900.
edness of trustees as principal, nothing ; as surety, nothing.
it amount loaned to any individual, corporation, or company,
,000.
it of loans secured by mortgage in this state at a rate not ex-
[ing five per cent, per annum, $22,000.
unount loaned or invested in New Hampshire, $147,449.86.
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32
BANK OOMMIBBIOKSBS' BEPOBT.
SCHBDUIiB OF BONDS AND STOCKS OF THB OOCHBOHO
BANK.
BONDS.
Estimated
Market Valne.
Par Valne.
Valne CD
Books.
City.
N«w Britmin Conn 4s
$16,760.00
$1^000.00
$15,O0OJ
Railkoad.
Boston A Main« 4ia
111
$8,000.00
7,000.00
$8,288.
Conoord A Montreal. 4s.
6^
Ronton A Maine 4s
7i666j
Ml8CBLX<AlfBOU8.
West Bnd Street Railway, Boston, 448
$21,660.00
$90,000.00
$30,968.
$1,046.00
$1,000.00
$1,000.
STOCKS.
Bank.
OcMsheoho National. Dover
$8,826.00
900.00
600.00
$11,600.00
1,000.00
600.00
$8,e2SJ
Newmarket National
900
l^armln vton Natilonal 'r...rtT--t-*-'rr--
600j
D AfT-ROAD
$10,026.00
$18,000.00
$10,026.
New York, New Haven & Hartford . .
Qid Colonv
$8,260.00
8,760.00
6!ooo.'oo
$9,028.
8^980.
$17,000.00
$10,000.00
$18,008.
NEW ACCOUNT.— STATEMENT.
Liabilities.
Amount dne depositors
Guaranty fund
Interest
Premium
$29,179.09
260.00
610.46
68 76
$80,008.29
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by local real estate . .
Loans on personal security (local) . .
City bonds (Salt Lake City)
Cash on deposit in national banks. . .
$16,710.00
2,926.00
6,260.00
6,128.29
$16,710.00
2,926.00
6,000.00
6,128.29
$16.710j
2.926.
6,181.
6,123.
$80,008.29
$29,768.29
$29,989.
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34
BANK COMMI88IONKB8' BEPOBT.
COLEBROOK GUARANTY SAVINGS BANK.— COLE-
BROOK.
T. F. Johnson, President.
H. F. Bailey, Treasurer.
Trustees— T. F. Johnson, F. B. Crawford, Inring W. Drew,
Charles Cook, Henry O. Kent, W. £. Drew, Greorge Van Dyke,
T. H. Van Dyke, H. F. BaUey.
Investment Committee — T. F. Johnson, George Van Dyke, F. B.
Crawford, W. E. Drew, T. H. Van Dyke.
STATEMENT.
LicUfilities.
Amoant doe depositors .
Ooaranty fund
Interest
Impairment.
$170,945.19
85,O0OJI0
$19B,48&S6
Assets.
I Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mort-
erases
Loans secured by locai real estate..
Loans on Canada real estate
Loans on personal security (local)..
Loans on collateral security (local).
County, city, town, and district
bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Warrants
Tax certificates (local)
Cash on deposit m national banks. .
$11,600.00
95,489.43
17,584.86
74,802.74
29,424.90
8,970.00
8,242.00
2,700.00
2,625.00
15,997.98
87.58
6,585.88
$196,240.25
$11,600.00
36,400.42
17,884.86
74,802.74
29,424.90
8.700.00
8,342.00
2,760.00
8,000.00
15,697.98
87.58
$11,600.00
35,409.42
17,884.85
74302.74
8,700.00
8,343.00
3,760X0
8,O0OJ00
15,687.98
87.6S
$198,496.86
$196,405.35
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36
BANK CN>MMlS8I02nSB8 KEPOBT.
SOHBDULB OF BONDS AND 8TOGK8 OF THE COLBBBOOK GUABANTT
SAVINGS BANK.
BONDS.
Batlmated I
Market Valne.
Par Valae.
Value on
Books.
COUHTY.
Garfield. Ool.. 7b
$8,604.00
$8,400.00
$8,400.00
OlTT.
Oonnoll Bloffs. Iowa. 8s
$5,866.00
$5,800.00
$5,800.00
MlSCBUiAlfBOUS.
New Mexico Sayings Bank and Trast
Co 78
$1,242.00
2,000.00
$1,242^)0
2,000.00
$8,242.00
$1,242.00
XWDM
Denver Consolidated Electric Co., 6s.
STOCKS
$8,242.00
$8,242.00
Bank.
City National, Wichita Falls, Texas.
First National. Childress, Texas
MerchanU* National. Portland, Or . .
Helena National, Helena, Mont
$500.00
600.00
250.00
400.00
1,060.00
$500.00
500.00
250.00
500.00
1,000.00
$500.00
600.00
250.00
i,oooioo
$2,700.00
$2,750.00
$2,750.00
Farmers' Trust Co., Slonx City, Iowa.
RARtArn RA.nk1nfr f !n Nnh
$400.00
1426.00
1,000.00
$500.00
1,600.00
1,000.00
$600.00
1,600.00
1,000.00
Denver Consolidated Electric Co —
1
$2,525.00
$8,000.00
$8,000.00
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BANK G01CMI88I0NEB8 REPORT.
37
CONWAY SAVINGS BANK— CONWAY.
lMin F. Clark, President. C. F. Wilder, Treasurer.
setf— Benjamin F. Clark, Levi C. Quint, H. B. Fifield, Wm.
iorton, John M. Fifield, John C. L. Wood, John Chase, A.
ihj Kennett, F. W. Davis, Henry B. Cotton, Joel E. Morrill,
istopher W. WUder.
ment Committee — Benjamin F. Clark, Levi C. Quint, H.
rifield, William S. Morton, Christopher W. Wilder.
STATEMENT.
LioMlities.
t doe depositors
ty fond
deposiu
nent
$141,889.02
4,766.91
1,614.11
1,529.89
$149,748.98
8,868.60
$146,880.48
$141,888.02
4,766.91
1,614.11
1,629.89
$149,748.98
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
secured by western mort-
$2,200.00
47,827.21
21,077.98
4,868.91
7,261JI0
26,150.00
20,860.00
'600.00
4,700.00
4,900.00
2,970.49
1.484.84
$2,200.00
47,827.21
21,077.98
4,858.91
26,000.00
22,100.00
4,000.00
2,000.00
7,100.00
4,900.00
2,970.49
1,484.84
$2,200.00
47,827.21
21,077.98
4,858.91
7,700.00
26,280.00
21,400.00
8,000.00
2,000.00
6,100.00
4,900.00
2,970.49
1,484.84
ecured by local real estate.. .
n personal security (local)...
n collateral secnrlty (local) .
States bonds
city, town, and district
iineons bonds
ock
ctnringf stock
uieoas stocks
tate by foreclosure
deposit in national banks. . .
i hand
$146,880.48
$161,118.98
$149,748.98
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38
BANK OOMMXaUONIEBS' KBPOBT.
Statement of Deposits, Eabnings, ajud Exfemses
(9inoe l€ut Rxaminationj
From September 4, 1895^ to August 10, 1896.
Amount of deposits at date o£ last examination . $141,603.13
Amount and rate of dividends declared, 2^ per cent 3,319.51
Amount of deposits received 40,953.67
Amount of withdravrals
$185,876.31
44,037.29
Amount of deposits at close of business Aug. 10, 1896 $141,839.02
$6,289.55
Gross income
, « ,
Interest paid out
965.80
Salaries, rents, and incidentals
948.67
State tax
987.87
Western taxes ....
44.07
Foreclosure expenses
182.16
Premiums charged off . . .
138.11
Losses charged off .
700.00
Carried to guaranty fund
487.73
Net earnings ....
From surplus ....
•
Dividends Dec., 1895, and June, 1896 .
Surplus and interest, last examination
From surplus
Surplus and interest, present examination
3,544.31
$2,745.24
574.27
$3,319.51
$2,188.38
$574.27
$1,614.11
Incorporated 1869.
Examination Aug. 10, 1896, by John Hatch and Thomas J. Walker.
Treasurer's bond, $30,000. Date of bond, Feb. 15, 1893.
Annual compensation of treasurer, $700.
Indebtedness of trustees as principal, nothing ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company «
$3,300.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent per annum, $2,100.
Total amount loaned or invested in New Hampshire, $86,564.30.
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BANK COMMI88IONEBS' RBPOBT.
39
SDULB OF BONDS AND STOCKS OF THE CONWAT SAVINGS
BANK.
BONDS.
Estimated
Market Valne.
Par Value.
Value on
Books.
Itates» 48 .
states, 48 .
OOUHTY.
Col., 7s...
, Col.. 7s...
Wash., 68.
City ahd Towv.
'orks.N.Dak.,68..
tils, Mont., 68
n, Col., 58
,4s
Me., 4s
School District.
n County, No. 1, Col., 68..
MlSCBLLANBOUS.
Consolidated Elec. Co., 68. . .
Bstment Tmst Co. of Amer-
>];>eka, Kan., deb., 68
le Mort. Co., Kansas City,
eb., 4s
mpshire Tmst Co.. deb., 68. .
er Loan and Banking Co.,
8
Investment Co., deb., 7s
Investment Co., deb., 6|s....
Loan & Tmst Co., Water-
B. D., deb., 68
aitan Railway Co., Denver,
B
1 Railway Co., 68
I Electric Construction Co.,
r, 68
STOCKS.
Bank.
lo National, Dover..
Manupactubino.
ilting Co., pref
MiSCBLLANBOUS.
Trustee
Consolidated Electric Co. . .
tent Trust Co. of America,
:a, Kan., common
Lent Trust Co. of America,
:a, pref
$1,7044)0
5.667.60
$7,261.60
$1,070.00
2,100.00
8,000.00
$6,170.00
$8,120.00
8,150.00
1,000.00
5,800.00
4,110.00
$16,680.00
$8,800.00
$2,000.00
1,840.00
2,000.00
8,240.00
2,000.00
750.00
1,600.00
500.00
2,020.00
2,600.00
2,000.00
$20,860.00
$8,000.00
$600.00
$1,000.00
8,800.00
400.00
$4,700.00
$1,600.00
5,000.00
$6,600.00
$1,000.00
2,000.00
8,000.00
$6,000.00
$8,000.00
8,000.00
1,000.00
5,000.00
4,000.00
$16,000.00
$8,000.00
$2,000.00
2,800.00
2,000.00
4,050.00
2,000.00
760.00
1,600.00
1,000.00
2,000.00
2,600.00
2,000.00
$1,700.00
6,000.00
$7,700.00
$1,000.00
2,000.00
2,960.00
$5,960.00
$8,000.00
8,000.00
5,800.00
4,000.00
$16,260.00
$8,000.00
$22,100.00
$2,000.00
2,800.00
1.800.00
8,660.00
2,000.00
750.00
1,500.00
1,000.00
2.000.00
2,600.00
2,000.00
$21,400.00
$4,000.00
$2,000.00
$1,000.00
8,800.00
2,000.00
800.00
$7,100.00
$8,000.00
$2,000.00
$1,000.00
8,800.00
1,000.00
800.00
$6,100.00
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BANK COMMI88IONBB8' REPORT.
DARTMOUTH SAVINGS BANK— HANOVER.
N. S. HuNTiKGTON, President, Perley R. Buobeb, Treasurer,
Trustees — ^M. H. Barstow, J. L. Bridgman, Charles P. Chase,
S. W. Cobb, F. W. Davison, N. A. Frost, George Hitchcock,
H. Hitchcock, H. H. Holt, N. S. Huntington, H. V. Partridge,
E. R. Ruggles, E. P. Storrs.
Investment Committee — ^N. S. Huntington, S. W. Cobb, F. W.
Davison, C. P. Chase, P. R. Bugbee.
STATEMENT.
Liabilities,
Amount due depositors
Guaranty fond
Interest
Preminm
$1,040302.37
56.000.00
81,141.00
80,850.88
$1,106,854.00
$1,040,852.27
65,000.00
81.141.90
$1,185,004.96
Assets.
Estimated
Market Value
Par Value.
Value on
Books.
Loans secured by western mortgages
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on collateral security (local) .
OonntT, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing stock
Miscellaneous stocks
Beal estate by foreclosure
Real estate purchased
Cash on deposit in national banks. . .
Cash on hand
$882,610.20
68,216JB
7,481.00
5,466.68
208,808.00
201.086.00
68,700.00
10,500.00
6,187.00
1,600.00
450.00
70,050.00
8,000.00
10,807 JH
1,668.86
$882,610.20
68,216.88
7,481.00
6,465.58
288,600.00
227,500.00
68,500.00
15,000.00
18,800.00
8,000.00
450.00
70,060.00
8,000.00
10,887.54
1,668.85
$1,166,854.00
$1,184,580.00
$882,510.90
68,216J»
7,481.00
5,465J8
282,808.75
198,075.87
68,450.00
15,000il0
4,771.80
2.848.76
70,060.00
8,O0OU»
10,807.54
1,668.85
$1,185,904^
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bank oommi88ionbb8' report. 41
Statement of Deposits, Earninqs, and Expenses
(Since laMt SxaminationJ
From July 29, 1895, to June SO, 1896.
it of deposits at date of last examination $1,087,656.05
it and rate of dividends declared, If per
Si per cent per annain .... 37,576.97
t of deposits received .... 93,366.32
$1,218,599.34
t of withdrawab 168,747.07
unt of deposits at close of business June
,1896 $1,049,852.27
ncome ....... $50,048.55
s, rents, and incidentals . 2,399.28
IX 7,810.40
axes 72.02
n taxes 5,213.84
»siire expenses 465.27
charged off . 5,900.00
terns charged off . 3,181.14
25,041.95
earnings $25,006.60
urplus 12,570.37
lend January, 1896 $37,576.97
I and interest, last examination $43,712.36
orpins 12,570.37
lus and interest, present examination $31,141.99
mted 1860.
lation June 30, 1896, by Alpheus W. Baker.
rer's bond, $160,000. Date of bonds, June 30, 1894, and
17, 1895.
Herbert W. Hovey.
compensation of treasurer, $900.
compensation of clerk $200.
idness of trustees as principal, $15,800 ; as surety, nothing.
« amount loaned to any individual, corporation, or company,
XK).
t of loans secured by mortgage in this state at a rate not
9ding Ave per cent per annum, $19,500.
mount loaned or invested in New Hampshire, $142,678.89.
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42
BANK C0MMI88I01VBB8' BEPOBT.
SCHEDULE OF BONDS AND STOOE8 OF THE DABTMOUTH SAVIN
BANK.
City and Town.
East Portland. Ore.* 68
Sauk Bapids. Minn., lOa
\TrinIdad, Gol., 7s
New Whatcom, Wash., 6s
Maroa, 111., 68
MontlceUo. 111., 6s
Concord, Vt. , 58
Woodland. Gal., 68
Sallda, Col., 6s
Great Falls, Mont., 6s
O^den, Utah, 58
Emerson, Manitoba, 8s
School Distuct.
Skagit County, No. 10, Wash., 7s ..
Weld County, No. 47, Col., 7s
Alturas County, No. 12, Idaho, Ss . . . .
Huron, S.Dak., Board of Edaoatlon,68
Garfield County, No. I, Col., 8s
Garfield County, No. 10, Col., 8s
Bent County, No. 4, Col., 7s
Sweetwater County, No. 4, Wyo., 7s..
Pitkin County, No. 1, Col., 7s
Deer Lodg^e, No. 10, Mont., 6s
Johnson County, No. 7, HI., 6s
Pleasant Grove, No. 15, Utah County,
Utah, 6s
Fresno, Cal., 6s
Bailboad.
Boonville Bridge Co., 7s
St. Louis A San Francisco, class A, 6s
St. Louis A San Francisco, general, 6s
Columbus, Hooking Valley & Toledo,
6s
A mount carried forward., . .
$146,922.00
$188,000.00
$181.91
$5,260.00
$6,000.00
$6,001
1,600.00
1,500.00
1^
10,600.00
10,000.00
10,00
5,250.00
5,000.00
6.00(
6,827.00
6,600.00
6,601
9,486.00
9,000.00
9.001
1,200.00
1.200.00
1.201
10,000.00
10.000.00
9,79!
5,200.00
5,000.00
5.00
5,840.00
5,000.00
5.00(
8,000.00
8,000.00
8,00
1,900.00
1,900.00
1.90
$70,608.00
$68,200.00
$67,99!
$9,215.00
$8,000.00
$8.00(
2,000.00
2,000.00
2.00
11,800.00
10,000.00
10,00
5,000.00
10,000.00
10.00
4,000.00
4,000.00
4.00
1,400.00
1,400.00
1.40
8.826.00
8,000.00.
8.0O
1.000.00
1,000.00
1,00
10.600.00
10.000.00
lO.OO
10,996.00
10,000.00
10,00
660.00
600.00
50
10,880.00
10,500.00
10.501
7,160.00
7.000.00
7,00
$82,868.00
$82,400.00
$82,40
$2,000.00
$2,000.00
$1,501
5,750.00
5,000.00
5,00
11,250.00
10,000.00
10,00
16,800.00
20,000.00
15,60
$85,800.00
$87,000.00
$82,10
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BANK GOMMiaBIONBBS' BEPOBT.
43
TLB OF BONDS AND STOCKS OF THK DABTMOUTH SAVINGS
BANK.— OmKntted.
STOCKS.
Bstimated
Market Value.
Far Value.
Value on
Books.
(kILBOAD.— OmiiiMMd.
ml hrouaht fortoard
$86,800.00
19,800.00
17,860.00
20,640.00
6*.ooo!oo
6,750.00
4,006.00
10,960.00
7,600.00
10,100.00
10,660.00
9,960.00
10,500.00
12,000.00
15,200.00
$,870004)0
15,000.00
15,000.00
16,000.00
10,000.00
oloooioo
10,600.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
15,000.00
20,000.00
$82,100.00
14,710.87
15,000.00
16,000.00
7,000.00
14,200.00
7,110.00
8,400.00
9.660.00
7,487 JW
9,700.00
9,817.60
10,000.00
9,600.00
15.000.00
18,800.00
iknd, 78
^flftt VlrglDla, 7».- , T . r T r t , , , T T
fc Sioux iMty, to
ICiflC ,4^8
Midland & Gulf, 68
Bastem, 48.. . . .'.
, Topeka A Santa F6, 48
It. & Navigation Co., 68
do & Wostem, 48
[>n. Cedar Bapids & North-
& Eastern, 111., 68
& Montreal 4s
le & Indianapolis, to
, Topeka A Santa F«, 48
MlSCBIiLANBOUS.
$201,986.00
$227,600.00
$198,975.87
ater Works. Kan., to
Consolidated Electrio Co., to
ton Gas A Eleotric Co., O., to
SasUffhtCo to
$5,000.00
5,000.00
25,000.00
5,200.00
5,000.00
5.000.00
18,500.00
$5,000.00
5,000.00
25,000.00
5,000.00
5,000.00
5,000.00
18,600.00
$4,960.00
5,000.00
25,000.00
5,000.00
5,000.00
5,000.00
18,500.00
r Ditch Co., 7s
Water Works, N. H., to
STOCKS.
$68,700.00
$68,500.00
$68,460.00
Bank.
th National. TT ,-,,,,-,-.-
$19,600.00
$15,000.00
$15,000.00
Bailsoad.
I, N.H
, Topeka A Santa F<, pref .. .
$8,925.00
2,212.00
$2,600.00
15,800.00
$2,600.00
2.271.80
MANnvArrrnsrica.
$6,187.00
$18,800.00
$4,771.80
■"airbanks A Co., St. Johns-
f%
$1,600.00
$8,000.00
$2,848.75
npshire Beal Estate Co
$460.00
$460.00
$450.00
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44
BANK OOIOOSSIONEBS BSPOBT.
EPPING SAVINGS BANK.— EPPING.
Joseph C. Bublbt, President. John Q. Pike, Treasurer.
Trustees — William R. Bunker, Walter H. Stickney, John Leddy,
George S. Rundlett, Benjamin F. Lang, Fred P. Knox, Charles
E. Pike, Charles E. Norris, Ahram W. Mitchell, George S.
Thompson, John S. Ladd, Albert H. Pike.
Investment Committee — ^Caleb F. Edgerly, Abram W. Mitchell,
George S. Rundlett
STATEMENT.
Liabilities.
Amoant due depositors
Guaranty fund
Interest
Impairment
$70,748.96
2,02S.80
2,107.86
$74,877.61
2,060.00
$72,817.61
S70,743.06
2,025.80
2,107 J»
$74,877.61
Assets.
Estimated j
Market Value. I
Par Value.
Value on
Books.
Loans secured by western mort-
gages
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (western)
Bailroad bonds
Bank stock
Real estate by foreclosure
Cash on deposit in national banks. . .
Cash on hand
$20,800.00
81,919.84
12,188.14
600.00
1,SOO.OO
900.00
8,700.00
746.74
428.88
$72,817.61
$20,800.00
81,919.84
12,188.14
600.00
6,600.00
1,000.00
8,700.00
746.74
428.88
$76,827.61
$20,800.00
81.919.84
12,188.14
600.00
8,660.00
8,700.00
745.74
428.89
$74,877.61
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BAITK COMMI88IONBB8' REPOBT.
45
Statement of Eabninqs Ain> Exfenbbs
(Sineti laMt SxanUn€4ion)
From August i-fc 1895, to June SO, 1896.
; of depoeits at date of last examination . . $78,800.79
\ of deposits received 10,675.94
$89,476.73
of withdrawals 18,732.78
nt of deposits at close of business, June 30, 1896 $70,743.95
$3,042.03
Lcome .
paid out
, rents, and incidentals
z .
kxes
to guaranty fund .
$13.11
$460.20
564.08
31.06
225.80
1,294.25
amings $1,747.78
and interest, last examination
us and interest, present examination
$360.08
1,747.78
$2,107.86
rated 1872.
ation June 30, 1896, by John Hatch.
er's bond, $25,000. Date of bond, June 9, 1894.
compensation of treasurer, $300.
iness of trustees as principal, $2,550 ; as surety, $4,269.
amount loaned to any individual, corporation, or company,
0.
; of loans secured by mortgage in this state at a rate not
ding five per cent, per annum, nothing.
nount loaned or invested in New Hampshire, $36,257.98.
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46 BANK OOMMUSIOinns' BXrOBT.
SCHEDULE OF BONDS AND STO0K8 UP THE EPPINO SAYINGS BANK.
BONDS.
Estimated
MarketValne.
ParValne.
Value on
Booka.
Bailboad.
Leavenworth, Topeka fc Sontbweat-
eni,4a
Atchison, Topeka A Santa F<. 4a
Atohlaon, Topeka & Santa F<, id m, 48
$1,000.00
noioo
$4,000.00
600.00
1,000.00
fta.ooojn
8704)0
STOCKS.
$i,ino.oo
$5^600.00
$8,<IID.M
Bavk.
WAwniApVAt WaHaiiaI
$900.00
$1,000.00
$900410
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BANK COSaasnOKBRS' BEPOBT.
47
FARMERS' SAVINGS BANK-— PITTSFIELD.
B8 H. Cabpenteb, President. John A. Goes, TrecLsurer.
18 — Charles H. Carpenter, P. H. Adams, James Griffin,
y B. Ring, John S. Rand, T. L. Hoitt, True H. Maxfield,
r Foss, Charles H. Lane, V. A. Grant, L. W. Kaime, H. A.
nleaf, £. A. Lane.
tent Committee — ^P. H. Adams, £. B. Ring, John S. Rand,
les H. Carpenter, John A. Gross.
STATEMENT,
Liabilities.
Assets.
Estimated
Market Valae.
Par Value.
Valne on
Books.
oared by western mortgagees
cared by local real estate.. .
i personal secarity (local) . .
1 personal secarity (western)
i collateral secarity (local) . .
neons bonds
$6,886.00
82,106.78
62,484.76
ll!25o!0O
2.962.00
1,966.00
260.00
6,960.00
6,200.00
1.764.68
82,106!78
62,484.78
6,800.00
11.250.00
8,440.00
1,700.00
200.00
7,000.00
6,200.00
1,754.68
82',108!78
62,484.76
6,800.00
11.260.00
8,180.00
1,806.82
244.00
^k
stock
tnrinff stock
6,840.00
6,200.00
1,764.68
kte by foreclosure
$127,068.02
$127,282.02
$126,461.84
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48
BANK COlOflSBIONEBS REPOBT.
Statement of Depobits, Eabninob, and Expsnbbs
(Since laMt IBxaminaiion)
From June 20, 1896, to May 28, 1896.
Amount of deposits at date of last examination . . $115,896.i
Amount and rate of dividends declared, 3^ per cent . 3,465.1
Amount of deposits received 33,210.1
$162,672.(
Amount of withdrawals 31,703.^
Amount of deposits at close of business May 28, 1896 $120,869.i
$5,565i
Gross income
Interest paid out
Salaries, rents, and incidentals
State tax .
Western taxes .
Foreclosure expenses
Losses charged off
Carried to guaranty fund .
$270.72
946.45
862.21
159.44
127.83
1,191.00
364.48
Net earnings
From surplus
3,922.1
$1,643.7
1,822.1
Dividend December, 1895 $3,465.1
Surplus and interest, last examination
From surplus
Surplus and interest, present examination
$3,702.'J
1,822.1
$1,880.£
Incorporated 1883.
Examination May 28, 1896, by Thomas J. Walker.
Treasurer's bond, $60,000. Date of bonds, July 14, 1894, an
April 29, 1895.
Clerk, Charles C. Goss.
Annual compensation of treasurer, $700.
Annual compensation of clerk, nothing.
Indebtedness of directors as principal, nothing ; as surety, nothin(
Largest amount loaned to any individual, corporation, or company
$10,000.
Amount of loans secured by mortgage in this state at a rate not e^
ceeding five per cent, per annum, $4,800.
Total amount loaned or invested in New Hampshire, $65,302.49.
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BANK COMMI88IONEB8 RBPORT.
49
DULE OF BONDS AND STOCKS OF THE FARMERS' SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Valae.
Value on
Books.
MiSOSLLANBOUS.
mpshire Trust Co., deb., 6s.. .
, Lawrence A Co., deb., 6s.. . .
$1,152.00
1,800.00
$1,440.00
2,000.00
$1,180.00
2,000.00
STOCKS.
$2,952.00
$8,440.00
$8,180.00
Bahk.
1 National
$1,966.00
$1,700.00
$1,806.82
Railroad.
[ Valley
$260.00
$200.00
$244.00
Manufacturiho.
hgWVg Co., Manchester. . . .
1 Tube Works Co., Boston,
an
$8,094.00
2,275.00
1,620.00
$2,000.00
8,600.00
1,600.00
$8,676.00
966.00
1 Tube Works Co., Boston,
1,7004)0
$6,960.00
$7,000.00
$6340.00
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50
BANK GOMMI8SIOMEB8 REPORT.
FARMINGTON SAVINGS BANK.— FARMINGTON.
John F. Cloutman, President. Chas. W. Talpst, Treasurer.
Trustees — John F. Cloutman, John H. Barker, Benj. P. Chesley,
Dwight E. Edgerly, Jonathan R. Hayes, James F. Safford, Icha-
bod P. Berry, James B. Edgerly, Frank E. Edgerly, John F.
Hall, John P. Bennett, Asa A. Hall, John G. Johnson, Edvrard
T. Wilson, WiUiam H. Moore.
Investment Committee — John F. Cloutman, John H. Barker, James
F. Safford, Dwight E. Edgerly, John F. Hall.
OLD ACCOUNT— STATEMENT.
Liabilities.
Amount due depositors.
Interest
Impairment
$817,245.86
14,276.66
0881,620.90
6,226.00
0826,296.90
$817,945.85
14.275.65
$881,Sa0.90
Assets.
I Estimated 1
Market Value.
Par Value.
Value on
Books.
Loans secured by western mort-
gages
Loans secured by local real estate..
Loans on personal security (local).. .
Loans on personal security (west-
em)
Loans on collateral security (local) .
Loans on collateral security (west-
em)
County and city bonds
Railroad bonds
Miscellaneous bonds
B ank stock
Miscellaneous stocks
Warrants
Beal estate by foreclosure
Real estate purchased (bank build-
ing)
OasE in hands of investing agents...
Cash on deposit in national banks. . .
$88,082.42
88,882.17
4,488.80
$88,082.42
88,882.17
4,488.80
88,882ll7
4,488.80
181.00
15.660.00
181.00
16,660.00
181.00
15,560.00
9.848.66
11,620.00
16.809.60
17,960.00
86,896.00
16,400.00
277.86
64,048.98
9.848.66
11,000.00
16,809.50
19,700.00
40,100.00
16,200.00
277.88
64.048.98
9,848.65
11.000.00
16300.50
19.700.00
40.100.00
16.900 00
277.88
54,048.98
7,060.46
483.94
19,688.18
7,089.45
488.94
19,688.18
7,080.45
488.04
19,588.18
$826,296.90
$881,620.90
$881,580.90
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BANK OOlfMISSIONBBS' REPOBT. 61
Statement of Deposits, Eabnings, and Expenses
(Since la9t SxaminationJ
From May IS, lS95y to July I4, 1896.
Amount of deposits at date of last examination . 9355,943.98
Amount and rate of dividends declared, 3 per cent. 10,091.60
$366,035.58
Amount of withdrawals 48,790.23
Amount of deposits at close of business Jaly 14, 1896 $317,245.35
Gross income . . . .
Interest paid out
Salaries, rents, and incidentals
State tax . . . .
Local taxes . . . .
Western taxes
Foreclosure expenses
Premiums charged off
$883.67
2,283.00
1,461.78
170.96
9,566.47
6,016.26
1,510.00
$26,774.39
21,892.23
Net earnings $4,882.16
From surplus 5,209.44
Dividend January, 1896 $10,091.60
Surplus and interest, last examination $19,484.99
From surplus 5,209.44
Surplus and interest, present examination $14,275.55
Incorporated 1868.
Examination July 14, 1896, by John Hatch.
Treasurer's bond" $60,000. Date of bond, June 6, 1892.
Clerk, Irving J. Chesley.
Annual compensation of treasurer, $1,200.
Annual compensation of clerk, paid by treasurer.
Indebtedness of trustees as principal, $10,510 ; as surety, $7,063.
Largest amount loaned to any individual, corporation, or company,
$15,000.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, none.
Total amount loaned or invested in New Hampshire, $53,320.97.
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BANK GOMHI88IONBB8' REPORT.
SCHBDULE OF BONDS AND STOCKS OF THE FABMINQTON SAV-
INGS BANK.--OLD ACCOUNT.
BONDS.
Estimated
Market Value.
Par Value.
County.
Apache, Ariz., 78
City.
Concord , N. H ., 48
Bailkoad.
Silverton, Col.. 68
Tacoma Traction Co., Wash., 6s
MI8CBLLANBOU8.
Adrian Water Works, Mich., 68
Dakota Farm Mort. Co., deb.. 68. . . .
North American Loan A Trust Co.,
deb., 6s
Metropolitan lU^. Co., Denver, Coi.,6s
Denver Union water Co., 6s
STOCKS.
Bank.
Farminsrton National
Cochecho National, Dover
MiSCBLLANBOUS.
Nashua Trust Co., Nashua
Denver Consolidated Bleo. Co., Col.
Pagre Belting Co., Concord, pref . . . .
$10,500.00
$1,020.00
$5,000.00
11,800.60
$16,800.5
$1,500.00
8,880.00
1,600.00
4,000.00
7,500.00
$17,960.00
$84,920.00
976.00
$85,885.00
$1,000.00
18,200.00
1,200.00
$15,400.00
$10,000.00
$1,000.00
$5,000.00
11,809.50
$16,809.50
$2,000.00
4,200.00
2,000.00
4,000.00
7,600.00
$19,700.00
$88,800.00
1,800.00
$40,100.00
$1,000.00
18,200.00
2.000.00
$16,200.00
Value on
Books.
$10,(
$1,
$5,0OOUM>
11,808.50
$16,808.50
$2,000.00
4,MO.OO
2,000.00
4,01
7,5(
$19,700.00
$88,800.00
$40,100.00
$1,000.00
18,200 00
$16,200.00
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BANK GOMMI88IONSB8 REPORT.
53
NEW ACCOUNT— STATEMENT.
Liabilities,
Ine deDOflltors
$14,800.64
600.00
286.84
416.00
$14,800.64
600.00
r fond.. •
286 84
$16,100.88
$16,686.88
Assets.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
Dared by local real estate . .
personal secoritv (local). . .
collateral security (local). .
bonds (Rutland, 68)
stock (Boston A Maine,
$18,226.00
100.00
600.00
1,010.00
1,166.00
110.88
$18,226.00
100.00
600.00
1,000.00
760.00
110.88
$18,226.00
100.00
600.00
1,000.00
760.00
110.88
$16,100.88
$16,686.88
$16,686.88
BNTOF DEPOSITS AND EARNINGS SINCE LAST EXAMINATION.
From May 13^ 1896, to July IS, 1896,
of deposits at date of last examination . $14,228.12
and rate of dividends declared, 8 per cent 888.66
of deposits received 8,741.18
$24,862.80
[>f withdrawals $8,462.26
int of deposits at dose of business, July 16, 1886 . $14,880.64
some $1,148.18
paid out $80.62
rents, and incidentals 10.60
104.68
IS charged off 100.00
to gruaranty fund 600.00
746.66
•amingrs $402.68
Is January, 1886 888.66
plus $18.08
&nd interest, last examination $270.81
18.08
las and interest, present examination $286.84
Sness of trustees as principal, $8,400; as surety, nothing.
amount loaned to any individaal, corporation, or company, $8,400.
of loans secured by mortgage in this state at a rate not exceeeding
r cent, per annum, none.
iount loaned or invested in New Hampshire, $18,826.
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54
BANK COMMI88IONEB8' REPORT.
♦FITZWILLIAM SAVINGS BANK.— FITZWILLIAM.
J. M. Parker, President. Stephen Batcheller, Trefuurer.
Trustees — Amos J. Blake, Samuel Kendall, Wright Whitcomb,
Chas. Byam, Edwin N. Bowen, Herbert £. Wetberbee, Kimball
D. Webster, Elbridge Cummings, Alfred G. Lawrence, Albert F.
Wilson, Charles D. Bigelow, William Whipple, Samuel S. Stone.
Investment Committee — Reuben L. Angier, Charles D. Bigelow,
Charles Byam, John M. Parker, Stephen Batcheller.
STATEMENT.
Lidbitities,
Amount due depositors <
Guaranty fund
Interest
Due banks and bankers.
Impairment
8,660.00
6,097.69
6,000.00
$186,088.67
88,010.78
$102,068.06
$1X0.988.08
8,660.00
6.097.58
6,000.00
$186,068.67
Assets.
Estimated
Market Value.
Par Value.
Value on
Bookfl.
Loans secured by western mortgra^sl
Loans secured by local real estate. . . j
Loans on personal security (local) . . I
Loans on collateral security (local)
Loans on collateral security (west-
em)
City, town, and district bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Real estate by foreclosure
Cash on deposit in national banks. .
Cash on hand
$10,860.00
27,662.00
6,417.61
1,070.00
2.000.00
8.860.00
15,700.00
7,700.00
8,600.00
16,873.00
1,744.82
1,197.02
$102,068.96
$20,700.00
27,662.00
6,417.61
1,070.00
2,0
8,860.00
15.700.00
7,7004M)
18,700.00
88,746.00
1,744.82
1,197.02
$184,886.96
$20,700.00
27,66Sj00
6.417.61
1,070.00
2,000j00
8,971.72
15,690.00
7,700.00
14,356.00
83,746.00
1,744.32
1,107.02
$185,088.«7
* Enjoined by supreme court from receiving or paying deposits.
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bank c0mhis8i0nxb8' bepobt. 55
Statement of Deposits, Eabionos, and Expenses
(Since last Examination)
From October 21, 1896, to August 19. 1896.
It of deposits at date of last examination . $142,778.90
It of deposits received, transfer of accounts and
action of errors 1,477.99
$144,256.89
it of withdrawals, under order of court . 23,920.81
It of deposits at close of business Aug. 19, 1896 $120,336.08
income — interest, $5,821.65 ; Premiums, etc.,
) $6,321.65
t paid out $381.79
s, rents, and incidentals . 600.80
•n taxes 511.08
>8ure expenses .... 99.94
charged off 2,381.00
3,974.61
earnings $2,347.04
s and interest, last examination $2,750.55
» 2,347.04
lus and interest, present examination $5,097.59
arated 1871.
nation Aug. 19, 1896, by John Hatch.
rer's bond, $30,000. Date of bond, Feb. 25, 1892.
I compensation of treasurer, $500.
sdness of trustees as principal, $1,132 ; as surety, $870.
t amount loaned to any individual, corporation, or company,
00.
Lt of loans secured by mortgage in this state at a rate not ex-
ing five per cent, per annum, nothing.
imount loaned or invested in New Hampshire, $34^049.61.
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BANK GOHMISBIOinSRS' REPORT.
SCHEDULE OF BONDS AND STOCKS OP THE FITZWILLIAM SAVINGS
BANK.
BONDS.
City and Town.
PAlonse City, Wash., to .
ByansvlUe, Ind., 6s
School District.
Whitman Coontj, No. 127, Wash., 8s
MlSOBUiANBOUS.
Iowa Loan A Trast Co., deb., to ... .
Texas Loan Agency Co., deb., 64s. .
STOCKS.
Bank.
Lancaster National
First National, Hombolt, Kan. . . .
City National, Corsloana, Texas.
Sonth End National, Boston
Kansas National, Topeka
M ISOBLLANBOUS.
Iowa Loan A Trust Co., Des Moines .
Vermont Loan A Tmst Co
The Tmst Co. of America, Topeka, :
Kan
Texas Loan Agency, Corsicana, Tex.
Nebraska Loan A Trust Co., Hast-
ings, Neb
Mnsoatlne Mortgage A Trust Co
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BANK G01iMI88IONEB8 REPORT.
67
JCESTOWN SAVINGS BANK.— FRANCESTOWN.
B. Starrett, President, S. D. Downes, Treasurer,
s — Hiram Patch, Samuel B. Hodge, Charles A. Yose, Au-
B H. Bixby, Frank B. Starrett, Charles H. Clark, Samuel
ownes.
lent Committee — Hiram Patch, Charles A. Vose, Samuel
STATEMENT.
Liabilities.
ioe doDositora
$67,854.78
1,286.80
$67,864.78
1,288.80
ent
$69,141.68
8.664.96
$60,476.68
$69,141.68
Assets,
Estimated
Market Value.
Par Value.
Value on
Books.
Ksured by western mort-
3ured by local real estate.,
personal securltr (local)..
\ personal security (west-
collateral security (local)
onds
leous bonds
Dk
ieoosstocks
,te by foreclosure
ands of investing agents. .
ieposit in national banks. .
land
$8,000.00
19,602.66
8,826.48
1.968.72
2,000.00
4,700.00
8,400.00
1.660.00
8,819.24
810.68
686.28
812.78
$60,476.68
$10,007.20
19,602.66
8,826.48
800.00
1,968.72
2,000.00
7,800.00
6,900.00
6,200.00
8,819.24
810.68
812.78
$67,288.88
$10,007.20
19,602.66
8,826.48
1,968.72
2,000.00
7.280.00
8.827.76
6,200.00
8,819.24
810.68
686.28
812.78
$69,141.68
Djoined by Supreme Ck>urt from receiving and paying deposits.
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58
BANK COMMISSIONEB8 REPORT.
Statement of Deposits, Earnings, and Expenses
CSinee last ExaminationJ
From Sept 18, 1896, to Oct. 8, 1896.
Amount of deposits at date of last examination
Amount of withdrawals under order of court .
Amount of deposits at close of business Oct. 8, 1896
Gross income . . . .
Salaries, rents, and incidentals
State tax, 1895 and 1896
Local taxes ....
Western taxes
Foreclosure expenses
S714.43
946.14
19.81
69.98
108.50
Net earnings
Surplus and interest, last examination
Increase
Surplus and interest, present examination
$70,504.22
$70,504.22
2,649.44
$67,854.78
$2,800.93
1,858.86
$942.07
$344.73
942.07
$1,286.80
Incorporated 1868.
Examination Oct. 8, 1896, by John Hatch.
Treasurer's bond, $30,000. Date of bond, Feb. 25, 1892.
Annual compensation of treasurer, $400.
Indebtedness of trustees as principal, $559 ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company,
$4,700.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $27,067.
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BANK COHMI88IONBB8 REPORT.
FRANKLIN SAVINGS BANK.— FRANKLIN.
Isaac N. Blodoett, President. Alexis Proctor, Treasu
Trustees— Waxren F. Daniell, Alvah W. Sulloway, John H. Ro^
John B. Howard, David 8. Gilchrist, H. A. Weymoudi, Chaa
Kenrick, Frank L. Morrison, Frank Proctor, Edwin H. Sti
vant, Geo. £. Shepard, Frank H. Chapman.
Investment Committee — Isaac N. Blodgett, Frank L. Morri
Alvah W. SuUoway, Frank Proctor.
STATEMENT.
Liabilities.
Amoant dae depositors
Qoarantj fond
Interest
Premiam
$988,360.78
80,000.00
8,828.75
88.854.00
$1,040,428.48
$968,]
30,C
8.1
fl.001.2
Assets.
Estimated
Market Value. I
Par Value.
Value
Book
Loans secured by western mortgages
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
em)
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Miscellaneous stocks
County judgments
Real estate oy foreclosure
Certificate of deposit
Cash on deposit in national banks. . .
Cash on hand
$210,066.68
148,846.16
185,484.89
11,648.42
82,881.98
28,000.00
140,970.00
61,860.00
62,601.00
44.410.00
89,770.00
6,955.00
4,700.88
68.016.00
2.000.00
18.791.48
5,007.60
$1,040,428.48
$210,0
148,846.16
185,484.89
11,648.42
82,881.98
28,000.00
186,600.00
48,000.00
75,887.00
82,200.00
26,200 00
9,600.00
4,700.88
68.015.00
2.000.00
18,791.48
6,007.60
$1,017,799.48 $1,001,5!
$210,0
14-,a
186,4
11.6
82,8
28,0
186,6
48,0
68,1
SU
81,9
6.1(
4.71
68,0
2,01
18,71
5,01
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BANK GOMMI88IONEB8 REPORT.
61
>TATEMENT OF DEPOSITS, EARNINGS, AND EXPENSES
(Since last Examination)
From March 5, 1895, to January 15, 1896.
t of deposits at date of last examination
t and rate of dividends declared, 3 per cent. .
t of deposits received
tof withdrawals
9970,291.84
27,488.46
190,058.79
«1,187,839.09
224,588.36
unt of deposits at close of business January
,1896
acome .......
irred from guaranty fund ....
t; paid out .
\, rents, and incidentals
kX
n taxes
sure expenses
ms charged off
charged off
ion of book values
to guaranty fund
9834.69
2,339.12
6,461.35
1,619.91
840.02
310.00
10,475.00
2,000.00
2,114.39
«963,250.73
$43,900.93
6,096.35
»49,997.28
26,994.48
i^rnings 923,002.80
iirplus 4,485.66
i\ October, 1895 . .
and interest, last examination
urplus ....
$27,488.46
$12,809.41
4,485.66
ius and interest, present examination . $8,323.75
rated 1869.
lation Jan. 15, 1896, by Alpheus W. Baker and T. J. Walker,
•er's bond, $80,000. Date of bond, Nov. 8, 1889.
F. Ray Sargent.
compensation of treasurer, $1,400.
compensation of clerk, $325.
dness of trustees as principal, $54,500 ; as surety, $45,000.
amount loaned to any individual, corporation, or company,
)00.
b of loans secured by mortgage in this state at a rate not
ding five per cent, per annum, $34,000.
mount loaned or invested in New Hampshire, $513,511.50.
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BANK COMMI88ION1EB8' REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE FRANBXIN SAVINGS
BANK.
BONDS.
Estimated
Market Value.
County.
Kittita88,Wa8h.,68
Jeffereon, Waah., 6s
Sevier, Utah, 68
Albany, Wy o. ,68
City and Town.
Offden, Utah, 6s
Missoala, Mont., 68
Bntler, Ind., 68
Pro vo City. Utah, 68
Franklin (Town and Memorial Hall),
48
Franklin (Water Works), 4s
Macon, Mo., 6s
Brlgham, Utah, 68
New Whatcom, Wash., 68
SpragTie, Wash., 68
New Whatcom, wash., 6s
Redwood Falls, Minn., 68
Boulder, Col.. 6s
Seattle, Wash., 68
Penacook A Boscawen, 4(8
Chioagro, Sanitary District, 5s
Salem, Oregon, 6s
Galveston, Texas, Ss
School Distkict.
Moscow, No. 6, Latah County, Idaho,
Independent, 68
SpringVille , Utah ,68
Gallatin County, No. 7, Mont., 68....
Yavapai County, No. 1, Arizona, 68 .
Railboad.
$8,060.00
6,160.00
5,150.00
6,160.00
$18,510.00
Boston, Concord A Montreal, 6s.
Northern Pacific, 68
MiSOBLLANBOUS.
National Loan A Trust Co., Kansas
City, Mo., deb., 6s
Johnson Loan A Trust Co., deb., 68 .
New Hampshire Trust Co., deb.^s .
Lexingrton Hydraulic MTg Co.. Ky.,
6s
Marysville Water Co.. Kan., 6s
Des Moines Water Power Co., Iowa,68
U. S. Cordave Co., N. J., 68
Consolidated Elevator Co., Duluth,
Minn., 6s
Consolidated Elevator Co., scrip
certificate
$10,000.00
8.060.00
2,660.00
6,250.00
6,180.00
4,120.00
8,000.00
5,000.00
5,600.00
6.000.00
6,500.00
6,000.00
6,150.00
5,200.00
5,200.00
10,600.00
6,800.00
10,200.00
$101,910.00
$5,160.00
6,000.00
8.820.00
2,060.00
$20,660.00
$42,000.00
0,860.00
Par Value.
Value on
Books.
$8,000.00
6,000.00
5,000.00
5,000.00
$18,000.00
$10,000.00
8,000.00
2,600.00
5,000.00
6,000.00
4,0004»
8,000.00
5,000.00
5,000.00
5.000.00
5,000.00
6.000.00
6.000.00
6,000 00
5.000.00
10.000.00
6,000.00
10,000.00
$98,6004»
$6,000.00
5,000.00
8,000.00
2,000.00
0,000.00
$86,000.00
8.000.00
$51,860.00
$5,000.00
18,920.00
24,000.00
6,400.00
6,000.00
5,000.00
1,004.00
1,000.00
1,177.00
$62,501.00
$48,000.00
$5,000X»
17,480.00
80,600.00
8,000.00
5,000.00
6.000.00
8,200.00
1,000.00
1,177.00
$8,000.60
6,000.00
6,000.00
$18,(
$10.1
8,000.00
6,000.00
6,0OOUM
8,000.00
6,0004)0
6,000.00
5,000UM
6.0004)0
5,OOOJ0O
5,0004)0
6,000.00
5,000.00
10,000.00
5,000.09
10,0004)0
$96,609.00
$5,000.09
5,0004)0
8,0004)0
2.000.09
$20,0004)0
$85.0004)9
$6,000.00
11,9784)0
21,000.00
6.400.00
4,1
2,6604)9
1,1774)9
$76,887.00
$66,11249
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BANK COMMIflSIOinBBS' BBPOBT.
63
8CEBDULE OF BONDS AND STOOK8 OF THB FBANKLIN SAVINGS
BANK.~0(mf<ntt6d.
STOCKS.
Estimated
Market Value.
Par Value.
Value on
Books.
Bank.
FTABklin National
Cittoena' National, TUton
First National, Hlilsboroogh
National Medianics A TTraders,
Portsmouth
I>en7 National
Raiiaoad.
Northern
Peml^wasset Valley
Boston A Maine
MlSCKLLAlTBOUS.
Nebraska Loan A Tmst Co
JMemational Loan A Trust Co
Fk«nklln Gas A Electric Co
Oapltal Fire Insurance Co., Concord
Kidder Machine Co., Franklin
$10,860.00
7,760.00
6,800.00
4,290.00
6,710X0
$12,100.00
6,200.00
4,600.00
8,800.00
6,100.00
$12,1004M)
6,200.00
4.600.00
8,800.00
6,100.00
$44,410.00
$82,200.00
$82,200.00
$10,710.00
11,960.00
17,100UM
$7,000.00
9,200.00
10,000.00
$7,000.00
9,200.00
16,000.00
$88,770.00
$26,200.00
$81,200.00
$1,000.00
1,000.00
2,060.00
1,000.00
1,876.00
$2,600.00
iloooioo
1,000.00
2,600.00
$1,000.00
1.000.00
1,600.00
1,000.00
1,600.00
$6,966.00
$9,600.00
$6,100.00
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BANK GOMMIS8IONBB8 BKPOBT.
GORHAM FIVE-CENTS SAVINGS BANK.— GORHAM.
Albert S. Twitchell, President Thomab Giffobd, Treasurer.
Trustees— AlheH S. Twitchell, Thomas E. Fisk, Thomas Gifford, 2d,
Charles G. Hamlin, Sehin M. Leavitt, Wesley Wight, Thomas
Gifford.
Investment Committee — Sehin M. Leayitt, Charles G. Hamlin,
Thomas E. Fisk.
STATEMENT.
Liabilities,
Amount doe depositors
Gaarantyfund
Interest
Premium
$58,249.81
2.578.t»
1,408.77
245.00
$67,480.08
$68,M»jn
2,578.96
1.408.77
$57»285J»
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by local real estate .
Loans on personal security (local) .
Loans on collateral security (local)
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Tax certificates (local)
Real estate by foreclosure
Real estate purchased
Cash on deposit in national banks. .
Cash on hand
$27,809.95
5,829.61
8,016.06
8,680.00
8,826.00
2,600.00
151.68
7,886.98
206.00
695.11
280.90
$57,480.08
$27,809.96
6,829 J»l
8,018.06
6,860.00
8,600.00
2,600.00
151.68
7,886.98
606.11
280.90
$57,626.08
$27,e
6,829.61
8,018.06
8,000X0
15166
7,886.98
685.11
$67,285.08
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BANK COMMIB8ION1EB8 REPORT.
65
rATBMENT OF DePOSTTB, EARNINGS, AND EzPENSBB
(Sinoe lofl BxaminaUonJ
From September id, 1895, to September 23, 1896.
; of deposits at date of last examination .
; and rate of dividends declared, 4 per cent
; of deposits received ....
of withdrawals
int of deposits at close of business Sept. 23,
^
icome
paid oat
, rents, and incidentals
z, 1895 and 1896 .
xes ...
rare expenses
to guaranty fond .
$5.00
549.59
754.03
63.16
107.90
78.95
$54,235.21
1,988.07
9,820.71
$66,043.99
12,794.68
$53,249.31
$3,328.73
armngs
irplns
ends October, 1895, and April, 1896
and interest, last examination
irplns
as and interest, present examination
1,558.63
$1,770.10
217.97
$1,988.07
$1,624.74
217.97
$1,406.77
rated 1872.
ation Sept. 23, 1896, by Alpheas W. Baker.
Br's bond, $50,000. Date of bond, Oct 30, 1895.
compensation of treasurer, $400.
Iness of trastees as principal, $2,868 ; as sarety, $475.
amoant loaned to any individual, corporation, or company,
0.93.
of loans secured by mortgage in this state at a rate not ex-
ig five per cent per annum, nothing.
Dount loaned or invested in New Hampshire, $49,175.03.
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BANK COMMlflSIONBBS BBPOBT.
80HBDULB OP BONDS AND 8TOOKS OF THE GOBHAM FIVE-CBNTB
SAYINGS BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
MlBOBLLAirSOUS.
N«w Hampshire Trust Co., deb., Os . .
Western Electrical Oonstruotlon
Co., 6s
$1,080.00
1,000X0
1,000.00
1,000.00
1,000.00
1X00X0
600.00
$1,880X0
1,000X0
1,000.00
1.000.00
1,000X0
500.00
$1,080X0
1,000X0
1,000.00
1,010.00
1,000 00
1,000X0
fiOOXO
Wis., 68
Bellaire, Brtd^eport A Martin's Fer-
ry St. By., Oblo, 68
Boonton Water CJo., N. J., 6s
Pneblo mTater Oo.. ivol.. 68 ...•■••.■...
West Orange Water Co., N. J., 6s —
STOCKS.
$6,800.00
$6,880X0
$0,000-00
Bank.
Virtit National Portlatifl . Ma
$1,516X0
2,810X0
$1,800.00
2,100X0
$1,000X0
2,100X0
RAt>11n WaHnitAl. . --.-..:
MrnovT.f . A If voTTfi.
$8,826.00
$0,600.00
$8,000X0
Capital Fire Insurance Co., Concord
KTarnhna. Tmat f!n
$1,600.00
$1,800.00
1,000X0
$1,000X0
1,000X0
$2,500.00
$2,800.00
$2,000X0
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BANK GOMMIBSIONBB8' REPORT.
67
QARANTY SAVINGS BANK.— MANCHESTER
1. Parker, President. Nathan P. Hunt, Treasurer,
s — John M. Parker, John C. French, Boshrod W. Hill,
Eennard, Alonzo Elliott, Hiram K. Slayton, Eendrick
[all, James H. Weston, Nathan P. Hant.
lent Committee — John M. Parker, John C. French,
an P. Hunt.
STATEMENT.
Liabilities,
lae depositors,
rfand
ividends
$814,088J»
100,000U»
9,688.78
$928,628.81
Assets.
Estimated
Market Valae.
Par Value.
Value on
Books.
mred by western mort^rages
oared by local real estate.. .
personal secarlty (looal)...
personal security (western)
collateral secarlty (local),
collateral securify (west-
$802,988.60
116,028.48
16,784.10
86,742.24
71,668.00
8,000.00
40.400.00
24,V00.00
61,000.00
47,867.60
60,086.00
6,819.00
9,421.69
180.806.47
6,448.63
2,762.60
$802,988.60
116.088.48
16,784.10
86.742 24
71,668.00
8,000.00
89,800.00
81,800.00
63.000.00
48,167.60
47,000.00
8,700.00
14,421.69
180.806.47
6,448.68
2,752.50
116|088.48
16,784.10
85,742.24
71,666.00
8,000.00
89,800.00
28.000.00
61,000.00
48.167 JSO
46.546.26
8,700.00
11,421.60
180,805.47
6,448.68
2,762.60
(ity, and town bonds
bonds
icons bonds
Bk
stock
taring stock
leonsstocks
te by foreclosure
leposit In national banks...
Iiand , - r . T T . . . - T - T
$987,786.06
$988,782.06
$928,62831
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68 bank cobfmibsionebs* r]
Statement of Depociits, Eabnino
{Sinee latt Sxaminatioi
From February 13, 1895, to Mi
Amount of deposits at date of last examio
Amount and rate of dividends declared, 3 ]
Amount of deposits received
Amount of withdrawals . . . .
Amount of deposits at close of business Man
Gross income — ^Interest, 950,897.69 ; rents,
premiums, etc., 92,937.50
Interest paid out
Salaries, rents, and incidentals
State tax
Western taxes .
Foreclosure expenses
Premiums charged off
Reduction of book values
Dividend to stockholders
Net earnings
Dividend, general depositors, October, 189i
To surplus
Surplus and interest, last examination
Increase
Surplus and interest, present examinatioii
Incorporated 1879.
Examination March 30, 1896, by John Hatcl
Treasurer's bond, 9140,000. Date of bone
Clerk, Edwin H. Carpenter.
Annual compensation of treasurer, 91*500.
Annual compensation of clerk, 91^000.
Indebtedness of trustees as principal, nothii
Largest amount loaned to any individual, c
940,000.
Amount of loans secured by mortgage in
exceeding five per cent, per annum, nothi
Total amount loaned or invested in New Hi
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BANK C0MMI8B10NEBS REPORT.
DULB OP BONDS AND STOCKS OP THE GUARANTY SAVINGS
BANK.
BONDS.
Estimated p^_ v-Iba
Market Value. Pw value.
Value on
Books.
County.
ie, S. Dak., 10s
$6,000.00
$4,800.00
$4,800.00
City awd Town.
an., 78
$26,000.00
6,400.00
6,000.00
$25,000UM>
6,000.00
6,000.00
6,000'.00
orks, N. Dak., 78
¥aah., 68
Railsoad.
$86,400.00
$86,000.00
$86,000.00
Qthom, 78.
$6,700.00
6,000.00
7,800.00
2,800.00
800.00
$10,000.00
6,000.00
10,000.00
6,000.00
800.00
$10,000.00
6,000.00
8,400.00
8,000.00
660.00
ftote A Southeastern, 78
k, Topeka A SanU F«, gen.
40
1, Topeka & Santa F«, 2d
, class A, 48
iti, Lebanon A Northern, 6s. .
MlSCBLLANBOUS.
$24,200.00
$81,800.00
$28,000.00
Co. ChicsflTO. 111.. 6s
$6,000.00
1,000.00
4,000.00
8,000.00
10,000.00
8,000.00
10,000.00
6,000.00
10,000.00
$6,000.00
1,000.00
4,000.00
8,000.00
10.000.00
10,000.00
10,000.00
6,000.00
10,000.00
$6,000.00
8,000.00
10,000.00
orks Gas A Bleotrlc Co., 6s. .
[ills CoUe^re, Hot Springs,
son Water, Light A Power
[^U Jg, ............
1 Loan A Trust Co., Kansas
io.,cleb..68
mpshire Trust Co., deb., 48 . .
Loan A Debenture Co.,
Is
Consolidated Electric Co.,
Is
6,000.00
Water Co., S. Dak., 78
STOCKS
$61,000.00
$68,000.00
$61,000.00
Bank.
tional, Hutchinson. Kan
Its National, Manchester. . . .
National. Laconia
$6,000.00
6,250.00
24,700.00
2,780.00
1,667.60
8,000.00
$6,000.00
6,000.00
19,000.00
2,600.00
1,667 JSO
10,000.00
$6,000.00
6.000.00
19,000.00
2,600.00
irton National, Spokane Palls,
1,667.60
10,000.00
Railroad.
$47,887.60
$48,167.60
$48,167.60
. BurlinflTton A Qulncy
ore A Michigan Southern. . . .
lent A PassnmDsio
$7,700.00
7,860.00
8i,6eo!oo
$10,000.00
6,000.00
9,600.00
28.400.00
$10,000.00
6,000.00
8,146.26
28,400.00
vasset Valley
$60,086.00
$47,900.00
$46,646.26
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70
BANK COlOflSSIONEBS BEPOBT.
SCHBDULB OF BONDS AND STOCKS OF THR GUABANTY 8AVINC
BANK,— Oontinued.
STOCKS.
Bstimated
Market Valoe.
Par Value.
Valae<
Booki
Manupaotukiico.
MaochAfitf»r Mllla. ............ t ,.. t
$1^9.00
8,800.00
$1,700.00
2,000 JM
$1.7
Amoskea^: Mtg. Co., Manohester
•13
Iff I AflBTjTi A mOTT II .
$M19*00
$8,700.00
$8.7
International Loan A Trust Co.,
Kansas Cltv. Mo
$6,000.00
4,4U.eO
$10,000.00
4,4S1.6Q
$7.0
Wahpeton water Works
4,4
$9.421.e0
$14,431.69
$11.4
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BANK COMMI88IONEB8 SEPOBT.
71
[LLSBOROUGH BRIDGE GUARANTY SAVINGS
BANK.— HILLSBOROUGH.
B. Smith, PreHdent. Wilson D. Fobsatth, Treasurer.
ees — John B. Smith, James F. Grimes, Rathven Childs, James
Butler, Samuel W. Holman, Albe Stephenson, Wilson D.
rsaith.
tment Committee — John B. Smith, James F. Grimes, Ruthven
Ids, Samuel W. Holman, W. D. Forsaith.
STATEMENT.
Liabilities.
It due depositors
ityfund
It
80,000.00
8,076.64
4,276.15
$»8,0S2J»
$341JS70.64
80,000.00
8,075.64
$278,646.88
Assets.
I Estimated
Market Value.
Par Value.
Value on
Books.
secured by western mort-
s
secured by local real estate.. .
on personal security (local).. .
on personal securit/ (western)
on collateral security (local)..
ft city, town, and district
s
laneous bonds
acturing stock
laneous stocks
nts
n deposit in national banks. .
n hand
824,475.00
48,080.00
18,405.80
866.48
7,518.74
144,410.00
8,860.00
2,000.00
8U»0.00
26.068.25
4,148.85
1,256.86
824,475.00
42,080.00
18,405.80
866.48
7,618.74
140,000.00
8,800.00
2.000.00
8,800.00
25,068.25
4,148415
1,266.86
t288,882J»
8278,86249
824.4754W
42,020.00
18,405.80
866.48
7,618.74
188,475.00
84(60.00
2,658.75
84M)0.00
25,068.25
4,148.85
i,2r- "
8278,646.28
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72
BANK GOMMISSIOin&BS* BEFOBT.
Statement of Deposits, Eabninos, and Expenses
(Since la»t Bxamination)
From Aug. I4, 1896, to Sept. 17, 1896.
Amount of deposits at date of last examination
Amount and rate of dividends declared, 4 per
cent.
Amount of deposits received ....
Amount of withdrawals
Amount of deposits at dose of business Sept.
17,1896
Gross income
Interest paid out $146,85
$229,851^
8,596.04
84,921.38
$323,369.30
81,798.66
$241,570.64
$16,715.22
Salaries, rents, and incidentals
State tax
Foreclosure expenses
Premiums charged off
Dividend, to stockholders
1,301.25
1,921.79
113.25
476.90
1,000.00
4,960.04
Net earnings $11,755.18
Dividend, general depositors, April, 1896 . 8,596.04
To surplus $3,159.14
Surplus and interest, last examination
Increase
Surplus and interest, present examination
$4,916.50
3,159.14
$8,075.64
Incorporated 1889.
Examination Sept. 17, 1896, by Alpheus W. Baker.
Treasurer's bond, $35,000. Date of bond, Nov. 2, 1892.
Annual compensation of treasurer, $800.
Indebtedness of trustees as principal, $3,950 ; as surety, $100.
Largest amount loaned to any individual, corporation, or company,
$10,000.
Amount of loans secured by mortgagee in this state at a rate not
exceeding Ave per cent, per annum, $2,000.
Total amount loaned or invested in New Hampshire, $70,710.80.
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74
BANK commissioners' BBPOBT.
HINSDALE SAVINGS BANK.— HINSDALE.
Edwabd Stebbins, President. Cora A. Wbllman, Treasurer.
Trustees-— George S. WUder, Chandler S. Fay, Hezekiah F. Mor-
ton, Dwight W. Stevens, Cornelius Fitzgerald, Amasa B. Davis,
Edward Bishop, Charles B Hopkins, Gordon S. Howe, Frank
W. Robertson, Nathan M. Worden, Greorge P. Slate.
Investment Committee — ^Edward Stebbins, Charles B. Hopkins,
Chandler S. Fay, George S. Wilder, Hezekiah F. Horton.
STATEMENT.
Liabilities.
Amount due depositoni.
Goaranty fund
Interest ,
Due tMuiks
Premium
$M4,929.16
1,866.00
8,446JI7
11,000.00
iMl,2DBJ»
$S44,a».lt
11,0004)0
$100,71SJi
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mortga^s
Loans secured by local real estate . .
Loans on personal security (local)..
Loans on collateral security (local) .
Loans on collateral security (west-
em)
Oounty, city, town, and district bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Real estate by foreclosure
Cash in hands of investing agents —
Cash on hand
078,826.00
88,078.68
8,881.07
60.00
8,600.00
73,606.00
86,190.00
7,900 00
11,400.00
30,107.84
816.97
90.68
0961,900 J»
$78,886.00
88,078JS8
8,881.67
80.00
71,600.00
97,180.00
7.900.00
18,000.00
90,107.84
816.97
0908384 JS
$78396410
88,07843
8,881.87
71,806^
9S,160.0e
7,900.00
90,187^
S16.87
$900,7».fl8
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BANK COMMI88IOKEB8' REPORT.
75
TATEMENT OF DEPOSITS, EaRNINOS, AND EXPENSES
(Sinee la»t BxaminatUmJ
From September 17, I895y to June 23, 1896.
t of deposits at date of last examination . . $268,391.07
t and rate of dividends declared, 4 per cent. . 10,212.48
t of deposits received 19,578.21
$298,181.76
t of withdrawals 53,252.60
mt of deposits at close of business, Jane 23, 1896 $244,929.16
Qcome ....
»rred from guaranty fund
i paid out
I, rents, and incidentals
kX .
Q taxes .
sure expenses
charged off
to guaranty fund .
$384.01
771.63
1,950.24
150.09
301.38
400.00
1,070.42
$11,168.42
400.00
$11,568.42
6,027.77
earnings $6,540.65
urplus 3,671.83
lends October, 1895, and April, 1896 . $10,212.48
and interest, last examination
orplus
$7,117.20
3,671.83
ius and interest, present examination $3,445.37
rated 1874.
ladon June 23, 1896, by Alpheus W. Baker and John Hatch.
«r's bond, $35,000. Date of bond, June 6, 1895.
compensation of treasurer, $600.
dness of trustees as principal, $3,450 ; as surety, $425.
amount loaned to any individual, corporation, or company,
K).
t of loans secured by mortgage in this state at a rate not
ding five per cent, per annum, nothing,
mount loaned or invested in New Hampshire, $42,311.
D i^^^^vj O OQ IC
76
BANK COMMI88IONBBS' REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE HINSDALE 8AVIN(
BANK
BONDS.
Estimated
Market Value.
Par Value.
▼ahieoi
Books.
COUWTT.
Bonlder. Col.. 8s
$1,100.00
7,280.00
1,000.00
1,000.00
1,466.00
2,000.00
6,000.00
6,000.00
2,000.00
$1,000.00
7,000.00
1,000.00
1,000.00
1,600.00
2,000.00
6,000.00
6,000.00
2,000.00
Crow Wlnsr. Minn., ft*. -
Fremont, Wyo., 8s
MontrottC Col..'ftB t t f
Pitkin, Col., 68
E^flTDache. Col.. 7*
San Mifrael. N. M.. 68
ninta. Wvo.. 68
Valencia. N. M..68
CiTT AiTD Town.
--
$26,600.00
$26,896
Lexington. Neb.. 6a
$2,000.00
11,000.00
4,000.00
$2,000
11.000
4,000
PftlotinA Olfv 177 Anh Alt
TTrha.nA.. Ohin. Ibi
School Diatmct.
$17,000.00
No. 6. Col., 68
$1,060.00
.19, Wash., 88
2 Idaho 8s
600.00
6,160.00
2,660.00
2,000.00
5 14 Wash.. 8a
88
Vt Wanh 7h
1.070.00
liaooioo
1,360.00
, No. 24, Wash., 68
'o. 80, Wash., 68
\q 1 Wash., 88
No. 47, Wash., 8s
^o. 60, Wash., 78
TT »«.»^« V.X,., No. 128, Wash., 78
Whitman Co., No. 82, Wash., lOs
Whitman Co., No. 109, Wash., lOs
Whitman Co., No. 61^ Wash., 6|8
MlfiCJEIiIiANBOUB.
1,060.00
1,200.00
900.00
800.00
460.00
6,000.00
$28,670.00
Conunon wealth Loan & Trust Co..
deb., 68
$1,400.00
New Hampshire Trust Co.. deb., 48
Texas Loan Agency Co., deb., 78
Metropolitan Railway Co., Denver,
Col., 68
7,200.00
6,000.00
2,020.00
2,100.00
6,000.00
2,400.00
Salt Lake City Railway Co., 68
Toun^rstown Street Ry. Co., Ohio, 68.
Denltton Land & I»an Co.. 88. ........
nTTinirfl
$26,120.00
Bank.
Citisens* National, Corsicana, Texas.
United States National, Portland, Or.
$6,400.00
2,600.00
$7,900.00
$7,900.00
$7,900.
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BANK C01CMISSI0KEB8' BEFOBT.
77
ULE OF BONDS AND STOCKS OP THE HINSDALE SAVINGS
BJLNK,'-<Joniinued.
STOCKS.
Estimated
Market Value.
Par Value.
Value on
Books.
MlSOBLLANBOUS.
ate Morticage and Trust Co.,
18, Kan
lent Trust Co. of America,
a, Kan
oan Affency, Corsicana, Tex.
t Loan & Trust Co
$2,400.00
1,0004W
6,000.00
8,000.00
$11,400.00
$8,000.00
2,000.00
6,000.00
8,000.00
$18,000.00
$8,000.00
1,000.00
6,000.00
8,000.00
$12,000.00
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78
BANK COMHISSIONSRS' REPOBT.
lONA SAVINGS BANK.— TILTON.
Adam S. Ballanttnk, President. Wm. T. Casb, Treasurer.
Trtigtees—AAMB S. BaUantyne, William T. Cass, Russell T. Noyes,
Frank Hill, Coortland Bojnton, Enoch 6. Philbiick, Jason Fom,
6. E. Gorrell, A. B. Davis.
InvestmetU Committee — Board of Trustees.
STATEMENT.
Liabilities.
Amount doe depositors
Guaranty fond
Interest
Premiom
$8M,98S.l6
19,000.00
6,916.48
4,410.00
$424307.64
$»l,9tt.^<
19,000i»
6,916.48
$419,897j64
Assets.
Estimated
Market Valoe.
Par Value.
Value on
Books.
Loans secured by western mortgages
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security Mocal) .
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Bailroad stock
Real estate by foreclosure
Real estate purchased
Cash on deposit in national banks. . .
Cash on hand
$112,878U»
97,678.12
29,628.90
4,646.90
27,889.00
98,680.00
10,861.00
6,400.00
8,760.00
680.00
21,000.00
6,668.68
6,060.00
840.99
$424,807.64
$112,878.00
97,678.12
28,628.90
4,646.20
27,889.00
96,000.00
9.861J0
6,000.00
8,000.00
1,000.00
21,009.00
6.668.68
6,060.00
$420,997.64
$1124t7&$0
97,678.12
4,648.20
27,888.00
9,861.90
6.400a»
8,0004»
21,008.08
$419,897j84
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BANK GOMMI88IONEB8' REPORT. 79
•TATEMENT OF DEPOSITS, EaRKIKOS, AND EXPENSES
(Since la»t BxamiiMtionJ
From March 4, 1896, to January 22, 1896.
t of deposits at date of last examination S403,304.38
t and rate of dividends declared, 3^ per cent. 12,970.64
b of deposits received 61,278.32
$477,663.34
t of withdrawals 82,671.18
t of deposits at close of business Jan. 22, 1896 $394,982.16
icome . . . .
', paid oat
I, rents, and incidentals
kX . . . .
ixes . . . .
a taxes
sure expenses
DOS charg^ off
to guaranty fund
$17,884.66
$639.98
1,244.46
2,662.87
37.10
491.31
294.60
326.00
1,000.00
6,696.21
earnings $11,289.44
irplus 1,681.20
lend December, 1896 $12,970.64
and interest, last examination $7,696.68
aiplus 1,681.20
us and interest, present examination $6,916.48
rated 1870.
ation January 22, 1896, by Alpheus W. Baker,
er's bond, $90,000. Date of bonds, Dec. 16, 1889, and
14, 1896.
compensation of treasurer, $1,200.
dness of trustees as principal, nothing ; as surety, nothing,
amount loaned to any individual, corporation, or company,
KK).
\ of loans secured by mortgage in this state at a rate not ex-
Qg five per cent, per annum, $13,696.12.
mount loaned or invested in New Hampshire, $180,714.64.
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80
BANK COHMI88IONEB8' BEPOBT.
SCHEDULE OF BONDS AND 8TOOKS OF THE lONA SAVINGS BANK.
BONDS.
COUWTY.
Albany. W70., 68
Chehall8,WMh.,68..
Bio Grande, Col., 7s.
Nuokolls, Neb., 60...
Wabash, 111., 68
CiTT AND Town.
Dobaqne, Iowa, 6s
Jefferaonyille, Ind., 7 a-lOs.
Evansville, Ind., 48
Vancouver, Wash., 68
Salt Lake City. Utah, Ss. . . .
Fort Worth, Texas, 68
Grand Forks, No. Dak.. 68.
Bedwood Falls, Minn., 68 . .
Woodland, Cal., 68
ProTo City, Utah, 68
Chevenne, Wyo., 68
South Denver, Col., 68
Bedlands. Cal., 68
Pindlay, Ohio, 68
Lexington, Neb., 68
Boolder, Col., 68
Salem, Oregon, 68
Ogden City, Utah, 68
Oregon. Wash., 68
Emporia, Kan., 68
Boone, Iowa, Ss
Estimated
Market Valoe.
School Distkict.
North Offden, Weber Coanty, Utah, 68
Horon, 80. Dak., 68
Ogden, Utah, Board of Edocation, Ss
Bosenmn, No. 7, Gallatin Coonty,
Mont., 68
Bailboad.
Tacoma Traction Co., Wash., Ss..
Boston, Concord A Montreal, 68..
Union Pacific, 68
MlSOBLLANSOUS.
ipshire Trust Co..
Salt Lake City Bailroad Co., 6s
New Hampshire Trust Co., deb., 48.
- * - • CI ~ " '" '
STOCKS.
Bank.
Citisens' National, Tilton
Bailboad.
Central Maoaaohusetts, pref..
Par Value.
$4,1204»
6,280.00
2,130.00
4,080.00
6.C
$90,670.00
$2,120.00
2,000.00
1,000.00
8,100.00
8,000.00
6,600.00
6,800.00
4,200.00
8,000.00
8,160.00
6,250.00
2,200.00
8,000.00
1,600.00
1,000.00
2,120.00
8,160.00
6,160.00
6,160.00
$68,840.00
$8,670.00
1,000.00
2,0004»
8,160.00
$9,720.00
$2,861.00
6,000.00
2,000.00
$10,861.90
$2,400.00
8.000.00
$6,400.00
$8,760.00
Value on
Books.
$4,000.00
6,000.00
2,000.00
4,000.00
6,1
$20,900.00
$2,000.00
2,000.00
1,000.00
8,000.00
8,000.00
6,000.00
4,000.00
8,000.00
8,000.00
6,000.00
2,000.00
8,0004»
1,600.00
1,000.00
8,000.00
2.000.00
8,000.00
6,000.00
6,000.00
2,000.00
8,000.00
$10,600.00
$2,861.90
6,000.00
2,000.00
$9,861.90
$8,000.00
8,000.00
$6,000.00
$8,000.00
•l.(
4,000.00
6,000.00
8,000410
6,000.00
sIooojoo
8,000.00
S.O0OJ0O
1,000jQ0
6,000.00
8,000410
$10,6004N»
$2361 JO
6,000.00
$9361.90
$2,400.00
$6^400.00
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BANK GOMMI88IOKEB8' SBPOBT.
81
BENE FIVE-CENTS SAVINGS BANK.— KEENE.
T. BuFFUM, President. G. A. Litchfield, Treasurer.
is — Francis A. Perry, Edward Joslin, Clark F. Rowell, John
phrej, John Q. Jones, John B. Fisk, Obadiah Spragae, F. E.
IS, Hiram Blake, Greo. C. Hubbard, Solon S. Wilkinson, Her-
A. Woodward, Levi A. Fuller, Samuel D. Bemis, John T.
iUy Bertram Ellis, Frank H. Wright
tent Committee — Caleb T. Boffum, Edward Joslin, Francis
erry, Hiram Blake, John T. Abbott.
STATEMENT.
Liabilities.
dne d6D08ltors
$2,188^7.97
88|766;64
flt9. 1fn.AA7.07
f fund
60.000.00
88,766.64
out*
$2;!77,104.«1
71,149.65
,
#2,206,964.96
$2,277,104.61
Assets.
I Estimated*
; Market Value. I
Par Value.
Value on
Books.
eoured by western mort-
)cured by local real estate. .
1 personal security (local).. .
Q personal security (west-
1 collateral security (local) .
1 collateral security (west-
city, town, and district
I bonds V
neons bonds
KSk
[stock
neons stocks
ud^ments
ate oy foreclosure
>te of deposit
lands of investing: agents.,
deposit in national banks. .
hand
$687,861.66
217,676.19
86,698.26
29,4484)7
81,811.79
169,418.87
199,890.00
46,621.00
886,000.00
98,498.00
28,760.00
48,800.00
9,801.91
866,497.80
2,899.12
1,774.78
9,672.48
886.40
$687,861.66
217,676.19
86,686.26
29,448.87 '
81,811.79 I
169,418.87 j
218.739.00 !
66,800.00 !
479,800.00
81.400.00
86300.00 1
71,810.12
9,801.91 S
866,497.80 ,
2,899.12 !
1,774.78
9,672.48
886.40 i
$687,861.66
217,676.19
86,686.26
2»,448.87
81,811.79
169,418.87
207,189.00
46,761.25
440,586.64
85,161.51
24,066.26
50,960.00
9,801.91
866,497410
2.899.12
1,774.78
9,672.48
886.40
$2,205,954.96 $2,867,740.08 I $2,277,104.61
ijoined by the Supreme Court from receiving and paying deposits.
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82 BANK 0OMlffI8BIOinEB8' REFOBT.
Statement of Deposits, £abnings, and Expenses
(Sinee la$t SxaminntionJ
From Nov. 13, 1896, to Oct. 13, 1896.
AiDOunt of deposits at date of last examination . ^2,299,786.14
Amount of transfers receiyed .... 30,d94.73
92,380,180.87
Amount of withdrawals, by order of court and
transfers 146,832.90
Amount of deposits at close of business Oct. 13, 1896 ^2,183,347.97
Gross income— Interest, $69,300.78 ; rents, $91.64 ;
premiums, etc., $12,270.43 .... ^81.662.85
Interest paid out ^2.965.89
Salaries, rents, and incidentals . 4,555.79
State tax 14,487.08
Western taxes 6,902.71
Foreclosure expenses, ins. and repairs . 10,363.81
Losses charged off .... 9,484.73
Carried to guaranty fund . . 10,000.00
58,760.01
Net earnings ^22,902.84
Surplus and interest, last examination 9 10,853.80
Increase 22,902.84
Surplus and interest, present examination . ^33,756.64
Incorporated 1868.
Examination Oct. 13, 1896, by board of bank commissioners.
Treasurer's bond, $100,000. Date of bond, Feb. 9, 1893.
Clerks, A. M. Smith, C. L. Sturtevant
Annual compensation of treasurer, $3,600.
Annual compensation of clerks, paid by treasurer.
Indebtedness of trustees as principal, $5,000 ; as surety, $300.
Largest amount loaned to any individual, corporation, or company,
$60,674.40.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $348,170.36.
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BANK C0MMIB8I0NSB8' BBPOKr.
83
DULB OF BONDS AND STOCKS OF THE KBENB FIVB-CENTS
SAVINGS BANK.
BONDS.
BstimatM
Market Value.
Par Valae.
OOUMTT.
), Arisona, 78
la,N.M.,68
B, Dak., 8s
lllo,N.M.,6«
Col., 78
>,N.M.,68
.Idaho, 88
i. Col., 78
'86, Col., 68
owa, 78 i
owa,68|
City awd Town.
City, Kan., 68
68
iworth, Kan., 68
of Bavenna, Ohio, 68
Col^88
86, Col., 88
1, Iowa. 78
ore, Dak^78
ke City, Utah, 66
.poli8, Minn., 68
School Di8tbiot.
onty. No. 87, Idaho, 88
86, No. 1, Col., 68
mnty. No. 68, Kan., 68
on Connty , No. l. Col., 68 —
apid8, Iowa, 78
ard, Iowa, 68
Bailkoad.
& Eaatem, 48
B A Pacific, 48
Ota Northern, 68
re, 68
»n, Topeka A Santa F^, gen.
»n, Topeka A Santa F6, ad-
ent, 48
kati, Dayton A Ironton, 66. . . .
Mi8cai.iiAcrnou8.
n Loan A Trast Co., deb., 68 .
&mp8hire Traat Co., deb., 48.
on Investment Co., deb., 68. . .
1-Champ Investment Co.,
68
Co. of America, Topeka,
68
ount carried forward
$17,000.00
10,000.00
6.000.00
6,000.00
10,600.00
10,000.00
7,680.00
10,600.00
9,191.00
6,460.00
$91,871.00
$3,600.00
8,160.00
6,670.00
6,200.00
10,800.00
10,600.00
4.360.00
6,340.00
10,900.00
18,689.00
$73,099.00
$4,900.00
8,000.00
9,460.00
4,130.00
4,760.00
6,300.00
$86,420.00
$7,600.00
6,000.00
10,800.00
7,030.00
1,776.00
10,900.00
$45,621.00
$16,800.00
7,200.00
5,000.00
10,000.00
10,9
$49,000.00
$17,000.00
10,000.00
6,000.00
6,000.00
10,000.00
10,000.00
7,000.00
10,000.00
9,100.00
21,800.00
$104,400.00
$2,600.00
8,000.00
6.400.00
6,000.00
10,000.00
10,000.00
8,600.00
6,000.00
10,000.00
18,689.00
$78,989.00
$4,900.00
8,000.00
9,000.00
4,000.00
9,600.00
6,000.00
$40,400.00
$10,000.00
10.000.00
10,000.00
2,600.00
9,000.00
4,800.00
10,000.00
$66,800.00
$21,000.00
9,000.00
10,000.00
20,000.00
10,000.00
170,000.00
Value on
Books.
$17,000.00
10,000.00
6,000.00
4.860.00
10,000.00
9,600.00
7,000.00
10,000.00
9,100.00
12,900.00
$96,860.00
$2,600.00
8,000.00
6,400.00
6,000.00
10,000.00
10,000.00
8,600.00
6,000.00
10,000.00
18,689.00
$78,989.00
$4,900.00
8,000.00
9,000.00
4,000.00
7,000.00
6,000.00
$87,900.00
$8,000.00
8,000.00
10,000.00
2,681.26
6,760.00
1,680.00
9,700.00
$46,761.26
$16,800.00
7,000.00
5,000.00
16,000.00
10,000.00
$54,850.00
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84
BANK COMMIflSIOMBBS RBPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE KBENE FIVB-OBNTS
SAVINGS BANK.— Ot>n«ntt«<i.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
MisoKLLANKous. — Continued.
Amount brought forward
Investment Trust Co. of America,
Topeka, 6s
Dakota Investment Co., deb., 64s
Muscatine Mortgage A Trust Co.,
deb., 6s
Winfleld Mortfirage & Trust Co.,
deb., 6s
Lombard Investment Co., deb., 6«. . . .
Wichita Electric Railway Co., fis
Burlington Electric Railway Co.,
Iowa, 6s
Denver Union Water Co., 5s
Eldorado Water Supply Co., Kan., 6s
Wakefield Water Co., Mass., fis
Texarkana Water Co., Texas, 6s
Fairmount Cemetery Association,
Denver, 6s
Denver Consolidated Electric Co., 6s
Bessemer Ditch Co., 7s
Salt Lake City Railroad Co., 6s
Western Irrigation A Land Co.,
Kan., 78
Northwestern Consolidated Milling
Co., 6s
Minneapolis General Electric Co., 6s
Manhattan Beach Hotel & Land
Co., 5s
Keith ft Perry Coal Co., Kansas City,
Mo., 6s
Keene Gas Light Co., Ss
North Platte Land A Water Co.,
Col., 7s
Naumkeag Street Railway, Mass., 6s
Metropolitan Railway Co., Denver,6s
Citizens* Elec. Co., Wichita, Kan., 6s
STOCKS.
Bank.
Merchants' National, Kansas City,
Mo
Globe Savings, Chicago
Central National, New York
Pueblo National. Pueblo, Col
First National, Winfleld, Kan
Blackstone National, Boston
Winchester National
Lancaster National
Ashuelot National, Keene
Keene National
Railroad.
Flint A Pere Marquette, pref
Chicago, St. Paul, Minneapolis A
Omaha, pref
Atchison, Topeka A Santo F«
$40,000.00
ao,ooo.oo
5,000.00
10,900.00
2,500.00
24,800.00
89,000.00
5,000.00
12,600.00
5,000.00
15,000.00
10,000.00
10,000.00
15,000.00
17,000.00
10,000.00
10,000.00
15,000.00
20,000.00
9,200.00
8,000.00
10,000.00
10,000.00
20,000.00
20,200.00
18,500.00
$886,000.00
$5,400.00
10.000.00
18,000.00
10,000.00
8,000.00
2,825.00
10,500.00
14.000.00
12,000.00
8,268.00
$96,498.00
$8,500.00
18,000.00
2.260.00
$28,780.00
$70,000.00
25,000.00
5,000.00
12,760.00
5,000.00
24,800.00
78,000.00
10,000.00
16,760.00
5,000.00
15,000.00
10,000.00
10,000.00
15,000.00
17,000.00
10,000.00
10,000.00
16,000.00
20,000.00
11,600.00
8,000.00
10,000.00
10,000.00
20,000.00
20,000.00
27,000.00
$479,800.00
$9,000.00 I
10,000.00 I
10,000.00 I
10,000.00
8,000.00 I
2.500.00
10,000.00
10,000.00 I
8,000.00
8,900.00 I
$81,400.00
$10,000.00
15,000.00
1],800XW
$64,800.00
6,000i»
12,750.00
4,000.00
24,800i»
68,600XW
10,000.00
15,750.00
4,860.00
18,960.00
10,000.00
10,OOOXW
16,O0OXW
17,000.00
10,000.00
10,000.00
16,000.00
20,000.00
9,200.00
8,000XW
io.or- "
10,C
20,000.00
20,000.00
26,965.64
$440,685.64
$6,400JOO
10,000.00
12,916.61
10,000.00
8,000.0b
2,500.00
12,211.26
10,000.00
9.946.26
4,187.60
$85,161.51
$86,800.00
$6,887.60
14,968.75
2,260.00
$94,066.26
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BANK COMMIflSIONBBS BEPOBT.
85
SOHBDULB OF BONDS AND STOCKS OF THB KBENE FIVB-OBNTS
SAVINQ8 BANK.— am«i»tt«d.
STOCKS.
MI8CBLLANXOU8.
The Trust Co. of America
Nebraska Loan A Trust Co., Hast-
Bstimated
Market Value.
Par Value.
Ines. Neb..
nsflo- American Land
An£rl
Mortgafi^e
$2,860.00
2,000.00
AsrenoT Co..
Minnesota Loan A Trust Co., Minn.. .
New Bngland Mortgage Security i
Co.. Boston I
Denver Consolidated Electric Co. . . . i
Beal Estate Trust Co., Tacoma,
Wash
10,000.00
18,900.00
6,760.00
$48,800.00
$6,700.00
6,000.00
19,010.12
8,800.00
10,000.00
18,900.00
9,000.00
$71,810.12
Value on
Books.
$6,000.00
6,000.00
10,000.00
8,660.00
10,000.00
18,900.00
7,500.00
$60,960.00
Hi
!
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86
BANK COMMIBglONBBS RBPOBT.
*KEENE GUARANTY SAVINGS BANK.— KEENE.
Gborgb G. Davis, President, F. H. Kingsbuby, Treasurer.
Trustees — Greorge G. Davis, Obed G. Dort, Horatio Colony, John
S. Collins, Charles H. Hersey, William P. Chamberlain, Edward
C. Thayer, Wilton H. Spalter, Nathan G. Woodbury, Calvin B.
Perry.
Investment Committee — ^Edward C. Thayer, William P. Chamber^
lain, Obed G. Dort, Horatio Colony, Charles H. Hersey, Greorge
G. Davis, Nathan G. Woodbury.
STATEMENT.
Liabilities.
Amount duo doDovitors .r 1 1 - ^
•871,507.89
478.46
•871,60749
478 46
DII6 AflT^I^tS
Defloit in assets, $18,102.34 \
Impairment, . 78,274.86 )
•871,986.15
96,877.09
•776,960.06
•871,966.16
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans seoured by western mort-
gagres
Loans seoured by local real estate.. .
Loans on personal seouritv (local).. .
Loans on personal security (west-
em)
Loans on collateral security (local)
Loans on collateral security (west-
em)
State bonds
Oountv bonds
Miscellaneous bonds
Bank stock
Bailroad stock
Miscellaneous stocks
Beal estate by foreclosure
Cash on deposit in national banks. . .
Cash on hand
Deficit
•249.681Jn
6,060.49
11,781.89
28,812.47
6,800.00
71,891.42
6,860.00
48.580.00
68,700.00
27,090.00
4,000.00
24.084.01
226,864.68
10.801.87
2,741.06
•776,609.06
•249,681Jn
6,060.49
11,781.89
28,812.47
6,800.00
71,891.42
6,000.00
61,000.00
92,607 JM
46,116.67
20,000.00
44,924.72
226,864.68
10.801.87
2,741.06
•871,968.98
•248,681.88
6,060.49
11,781.89
28,812.47
6,800.00
71,891.42
6,000.00
61,000.00
82,766.82
56,441.67
10.000.00
87,281.87
226,864.68
10,801.87
2,741.06
18,102.24
•871,966.16
* In liquidation.
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BANK COMMI8SIONBB8' BBPOBT.
87
Statbmsnt of Deposits, Earnings, and Expenses
(8ine» la»t Bxafninati4mJ
From November 20, 1896, to October 14, 1896.
jnoant of deposits at date of last examination
jnonnt of deposits transferred
»1,U9,167.38
16,126.37
»1,165,283.76
Lmoant of transfers and dividends paid by order of
court 293,776.06
Amoont of deposits at close of business October
14,1896 »871,507.69
rross income 945,574.37
urplus and interest last examination 9,395.75
»64,970.12
aterest paid out .
«1,108.45
alaries, rents, and incidentals
1,511.73
reetem taxes . . . .
6,690.24
oredosure expenses
4,833.71
oeses and premiams charged off ,
69,076.04
ither items charged off
343.42
73,563.59
Deficit ....
$18,593.47
icorporated 1883.
Examination Oct. 14, 1896, by board of bank conmiissioners.
treasurer's bond, 9100,000. Date of bond, Jan. 18, 1892.
jinual compensation of treasurer, 91,200.
ndebtedness of trustees as principal, nothing ; as surety, nothing.
Argest amount loaned to any individual, corporation, or company,
921,614.25
jnount of loans secured by mortgage in this state at a rate not
exceeding five per cent, per annum, nothing,
'otal amount loaned or invested in New Hampshire, 936,155.30.
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}^
88
BANK GOMMI88IONEB8' REPORT.
SCHEPULB OF BONDS AND STOCKS OF THE KBENE GUARANTY
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
Statb.
New Mexico, oapitol buiiding, 78.
OOUWTY.
Kootenai, Idaho, 7s
Kootenai, Idaho, 8s
Pitkin, Ool.,68
Bingham, Idaho, Ss
Delta, Col., 8s
Bio Arriba, N. M., 68
Grant, N. M., 6s
Cochise, Arizona, 78
Johnson, Wyo., 68
MI8CBLLANBOU8.
Husted Investment Co., 68
Eldorado Water Supply Co., Kan., 68
National Water Works Co., N. Y., 68
Lamed Water Co., Kan., 68
Johnson Loan ft Trust Co., deb., 6s.. .
Portland Railway Co.. Or., 6s
Wichita Electric Railway A Light
Co., Stofis
Citizens Electric Co., Wichita,Kan.,68
West Pullman Land Association,
111., 68
Combination Bridge Co., Iowa, 58. . . .
$6,860.00
STOCKS.
Bank.
First National, Winfleld, Kan
National Bank of Commerce, Kan-
sas City, Mo
Bank of Minneapolis, Minn
National Bank of Kansas City, Mo..
Union National, Minneapolis, Minn.
Peoples' Bank, Minneapolis, Minn. .
Marine National, Duluth
Citisens* National, Kansas City, Mo.
Athol National, Athol, Mass
Commercial, St. Paul
Merchants' National, Portland, Or..
Galveston National, Texas
Railroad.
Oregon Railway & Navigation Co..
Miscbllanbous.
Wahpeton Water Works Co
Vermont Loan A Trust Co
Denver Consolidated Electric Co.,
Col
Credits Commutation Co., Iowa
Wichita Electric Railway A Light
Co.,pref
Sioux City Traction Co
Tremont Land A Improvement Co.,
Kansas City
$4,000.00
6,800.00
5,000.00
7.630.00
2,000.00
6,000.00
8,500.00
5,000.00
10,100.00
$48,580.00
$10,000.00
8,400.00
2,500.00
7,200.00
5,000.00
17,000.00
6,500.00
1,600.00
500.00
$58,700.00
$6,400.00
6,250.00
840.00
$5,000.00
$4,000.00
6,000.00
5,000.00
7,000.00
2,000.00
6,000.00
7,000.00
5,000.00
10,000.00
$61,000.00
$4,867.64
10,000.00
8,400.00
10,000.00
9,000.00
6,200.00
84,000.00
18,000.00
2,000.00
500.00
$02,507.54
2,250.00
1,500.00 I
2,800.00 i
2,500.00
200.00
600.00
1,250.00
2,500.00 I
$8,000.00
6,250.00
4,166.67
7,000.00
5,000.00
8,750.00
4,000.00
2,500.00
200.00
1,500.00
1,250.00
2,500.00
$27,090.00
$4,000.00
$4,189.01
1,500.00
11,000.00
2,260.00
2,145.00
1,500.00
1,500.00
$46,116.67
$20,000.00
$24,084.01
$4,189.01
2,000.00
11,000.00
4,500.00
14,285.71
6,000.00
8,000.00
$44,924.72
$6,000.00
$4,000.00
6,000.00
5,000.00
7.000.00
2,000.00
6,000.00
7,000.00
5,000.00
10,0(
$51,000i»
$4,857JM
10,000.00
8,400.00
10,000.00
9,000.00
6,260.00
25,600.00
12,998U»
764.70
600.00
$82,756.82
$8,000.00
15,825.00
4,166.67
7,000.00
5,000.00
8,750.00
4.000.00
2,500.00
200.00
1,500.00
1,260X»
2,760.00
$66,441.67
$10,000.00
$4,189.01
2,000.00
11,600.00
4,500.00
7,142.86
4,900.00
8,000.00
$87,281.87
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BANK OOMMIB8IONBB8' RBPOBT. 89
LACONIA SAVINGS BANK.— LACONIA.
IT 6. FoLSOM, President. Edmund Little, I^reoMtrer.
3es — Albert 6. FoIboid, Ellery A Hibbard, Ebenezer Steyens,
Smith, Noah L. True, Woodbury L.
knk H. Lougee, Greorge A. Hatch,
V. Abbott.
6. FoIboid, Woodbury L. Melcher,
STATEMENT.
LidbilUies.
t duo doT>OBitors
$1,896,706.92
76,000.00
46,409.07
29,786.00
$1,896,706.92
76,000.00
46,469.07
tyfnnd
m. TTT-.......,
$1,646,910.99
$1,516,176.99
Assets.
Bstlmated
Market Value.
Par Value.
Value on
Books.
eoured by western mortgacres
lecored bj local real estate. . .
m personal security (local) . .
on personal secnrity (west-
)n collateral securi^ (local) .
on collateral security (west-
onds
, city, town, and district
I
bd bonds
aneous bonds
took
bd stock
aneons stocks
itate by foreclosure
xtures
1 deposit in national banks. . .
1 hand
$128,824.11
210,506.00
118,261.68
22,500.00
122,666.00
5,000.00
5,860.00
642,644.00
60,822.00
204,182.00
86,404.00
6,976.00
1,200.00
40,706.00
10,664.56
26,610.74
8,267.96
$1,645,910.99
$128,824.11
210,606.00
118,261.68
22,500.00
122,666.00
5,000.00
5,000.00
517,450.00
66.400.00
218.182.00
80,460.00
7,600.00
5.000.00
40,706.00
10,564.56
26,610.74
8,257.96
$1,688,866.99
$128,824.11
210,605.00
118,261.68
22,500.00
122,666.00
5.000.00
6,000.00
617,460.00.
60,560.00
206,882.00
80,460.00
5,000.00
2.500.00
40,706.00
10.564.56
26,610.74
8,257.96
$1,616,176.99
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90 bank commibsionsbs' rbpobt.
Statement of Deposits, Earnings, and Expenses
(Sinee lH9t SxuminatUmJ
From May 8, 1896, to June 16, 1896.
Amount of deposits at date of last examinatioii . $1,350,129.71
Amount and rate of diyidends declared, 4 per cent. 52,863.91
Amount of deposits receiyed 228,978.41
»1,031,972.03
Amount of withdrawals 236,265.11
Amount of deposits at close of business June 15,
1896 $1,395,706.92
Gross income — Interest, $83,988.55 ; rents, $2,058.-
08 ; premiums, etc., $1,405.00 .... $87,451.63
Interest paid out $1,194.73
Salaries, rents, and incidentals 3,662.74
State tax 9,335.44
Western taxes 1,887.71
Foreclosure expenses .... 747.13
Premiums charged off . 1,352.00
Losses charged off .... 9,484.97
27,664.72
Net earnings $59,786.91
Diyidends July, 1895, and January, 1896 52,863.91
To surplus $6,923.00
Surplus and interest, last examination $38,646.07
Increase 6,923.00
Surplus and interest, present examination . $45,469.07
Incorporated 1831.
Examination June 15, 1896, by John Hatch and Thomas J. Walker.
Treasurer's bond, $137,500. Date of bonds, June 1, 1886, Feb. 15,
1895, and July 30, 1895.
Clerks, Greorge P. Munsey, Jennie D. Fifield.
Annual compensation of treasurer, $2,500.
Annual compensation of clerks, paid by treasurer.
Indebtedness of trustees as principal, $35,700 ; as surety, $1,691.31.
Largest amount loaned to any indiyidual, corporation, or company,
$15,000.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding Rye per cent, per annum, $28,900.
Total amount loaned or inyested in New Hampshire, $589,626.31.
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BANK COMMIBSIOinSBS' RBPOBT.
91
»ULB OF BONI>8 AND 8TOOK8 OF THB LACONIA SAYINGS
BANK.
BONDS.
Estimated
Market Valae.
Par Value.
Statb.
dco, capltol building, 7s .
COUHTT.
n, Kan., 6s
An., 7s
Kan., 68
ik.,6«
/Ol.,6s
an., 7s
Kan., 7s
ol.,6s
, Mont., 6s
Wvo., 6s
.Wash., 6s
tol.,78
>l.,6s
Mont., 6s
tah,6s
.Wash., 68
tah,6s
rtah,68
H.,4s
al.,6s:
CiTT AWD Town.
IU..4S
, Wis.,6s
land. Neb., 6s
on, Kan., 7s
>rks, N. Dak.,6s....
rexas, 7S
nshlp, Mo., 7s
by, Dak., 7s
ty, Utah, 66
nver. Col., 6s
kiont., 6s
» City, Utah, 66
¥ash.,5s
rtah,6s
tab, 6s
Ity, Kan.,7s
, Wisconsin, 6s
*th, Texas, 6s
tah,7s
4s
I City, Kan., 6s
5hio, 5s
ti, Ohio, 6s
by, Utah, 6s
Neb., 6s
ti. Ohio, 7s
Minn., 4s
, Mont., 6s
. Dakota, 6s
. Panl, Minn., 6s
itcom. Wash., 6s....
tre, Kan., 6s
, Col., 7s
>nt.,6s
nt carried forward,
t^J«CM
$5,000.00
$6,200XW
$5,000.00
8,180.00
8,000.00
5,180.00
5,000.00
6,400.00
5,000.00
5,150.00
6,000.00
5,260.00
5.000.00
6,500.00
5,000.00
5,000.00
5,000.00
10,600.00
10,000.00
2,040.00
2,000.00
5,100.00
6,000.00
6,180.00
6,000.00
5,250.00
5,000.00
5,260.00
5,000.00
5,260.00
6,000.00
6,260.00
5,000.00
6,180.00
6,000.00
5,060.00
5,000.00
10,800.00
10.000.00
5,100.00
6,000.00
$111,880.00
$25,760.00
10,400.00
6,100.00
5,500.00
8,150.00
5,000.00
5,600.00
2,200.00
6,000.00
5,650.00
5,260.00
6.100.00
10,400.00
5,150.00
6,150.00
5,000.00
5,500.00
5,600.00
6,480.00
86,760.00
5,250.00
6,400.00
11,800.00
5,250.00
8,240.00
8,680.00
5,400.00
6,125.00
10,500.00
5,400.00
5,500.00
5,160.00
6,480.00
5,000.00
$246,256.00
$107,000.00
$25,000.00
10,000.00
5,000.00
5,000.00
8,000.00
5.000.00
5,000.00
2,000.00
5,000.00
5,000.00
5,000.00
5,000.00
10,000.00
5.000.00
5,000.00
5.000.00
5,000.00
5,000.00
6,000.00
85,000.00
5,000.00
5,000.00
10,000.00
5,000.00
8,000.00
8,000.00
5,000.00
5,000.00
10,000.00
5,000.00
5,000.00
6,000.00
6,000.00
5,000.00
$288,000.00
Value on
Books.
$5,000.00
$5,000.00
8,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
6.000.00
10,000.00
2,000.00
5,000.00
6,000.00
5,000.00
5,000.00
6,000.00
5,000.00
6,000.00
5,000.00
10,000.00
5,000.00
$107,000.00
$25,000.00
10,000.00
5,000.00
5,000.00
8,000.00
5.000.00
6,000.00
2,000.00
5,000.00
5,000.00
5,000.00
5,000.00
10,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
6,000.00
85,000.00
5,000.00
5,000.00
10,000.00
5,000.00
8.000.00
8,000.00
5,000.00
5.000.00
10,000.00
5,000.00
5,000.00
5,000.00
6,000.00
6,000.00
$288,000.00
(::::=:
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92
BANK COMMI88IONBB8' BEPOBT.
SOHBDULB OF BONDS AND STOCKS OF THB LAOONIA SAVINGS
BANK.— Oontinutfd.
BONDS.
Estimated
Market Valae.
Par Valae.
Value on
Books.
City and Town,— Continued,
Amount brought forward
Findlay, Ohio, 6s
Kent, Ohio, 6s
Grand Forks, N. Dakota, 7s
Penaoook A Bosoawen, 4is
Bonlder, Col., 58
Bayenna, Ohio, ^
Colorado Springs, Col., 66
Salt Lake Citj, Utah, 58
Haverhill, Mass., 48
Colnmbos, Ohio, 44s
Galveston, Texas, 58
Meredith Village, 6s
Newton, Kan., 6s
Niles, Mich., 58
School District.
La Plata County, No. 9, Col.. 7s
Jefferson County, No. 21, CoJ., 7s
King County, No. 3. Wash., 6s
Arapahoe County, No. 17. Col., 6s ... .
Chaffee County, no, 7, Col., 7s
Arapahoe County, No. 2, Col., 6s
Gunnison County, No. 1, Col., 6s
Boulder County, No. 17, Col., 7s
Garfield County, No. 8, Col., 8s
Hamlin County, Garfield Township,
Dak., 78 ...
Minnehaha County, No. 10, Dak., 7s. .
El Paso County, No. 81, Col., 6s
Otero County, No. 1, Col., 8s
Las Animas County, No. 6, Col., 7s. . .
Montesuma County, No. 1. Col., 8s . . .
Archuleta County, No. 1, Col., 8s
Lehi, Utah County, Utah, 6s
Springville, Utah County, Utah, 6s. . .
Deer Lodge County, No. 10, Mont., 6s
Sweetwater County, No. 4, Wyo., 78. .
Larimer County, No. 6, Col., 6s
Manti, San Pete County, Utah, 6s —
Weld County, No. 6, Col., 6s
Railroad.
Consolidated, of Vermont, 58
Chicago, Burlington & Quincy, 7s . . .
Leavenworth, Topeka A Southwest-
em, 4s
Atchison, Topeka & Santa F4, 4s
Atchison, Topeka & Santa F6, adjust-
ment, 4s
Taooma Traction Co., 6s
Terre Haute & Southeastern, 7s
Eastern, in Massachusetts, 6s
Spokane A Palouse, 6s
Burlington, Cedar Rapids A North-
em, 6s
Concord & Montreal, 4s
$246,265.00
6,900.00
8.800.00
2,100.00
6,200.00
6,100.00
6,260.00
6,260.00
6,100.00
10,800.00
10,800.00
6,060.00
4,200.00
1,280.00
6,120.00
$826,775.00
$8,800.00
8,800.00
6,160.00
6,100.00
6,400.00
6,100.00
5,160.00
9,720.00
1,660.00
1,200.00
1,224.00
2,662.00
618.00
1,546.00
4,620.00
8,160.00
2,500.00
5,000.00
5,100.00
2,500.00
4,000.00
10,200.00
5,150.00
$104,889.00
$2,760.00
6,000.00
760.00
4,656.00
1,025.00
4.000.00
6.000.00
8,600.00
4,800.00
2,692.00
26,260.00
$288,000.00
6,000.00
2,000.00
6,000.00
6,000.00
6,000.00
6,000.00
10,000.00
10,000.00
5,000.00
4,200.00
1,250.00
6,000.00
$810,460.00
$8,000.00
8,000.00
6,000.00
6,000.00
6,000.00
6,000.00
5,000.00
9,000.00
1,600.00
1,200.00
1,200,00
2,600.00
1,600.00
4,400.00
8,000.00
2,600.00
6,000.00
5,000.00
2,500.00
4,000.00
10,000.00
5,000.00
$100,000.00
$6,000.00
5,000.00
8,000.00
4.600.00
2,600.00
6,000.00
5.000.00
8.000.00
5,000.00
2,400.00
26,000.00
$60,822.00
$65,400.00
$28S,000XW
6,000.00
8,O0OXW
2,000.00
6,000XW
6,000.00
6,000.00
6,000.00
10.000XW
10.000.00
5,000.00
4,200.00
1,260X»
6,000.00
$810,450.00
$8,000.00
8.00040
5.000.0D
5,000.00
5,000.00
5,000.00
5,000.00
9,000.00
1,500.00
1,200.00
1,200.00
2,600XW
1,600.00
4,400.00
8,000.00
2,600.00
5,000.00
6,000.00
2,600.00
4,000.00
10,000.00
5,000.00
$109.000XW
$8,000.00
6,000.00
2,160.00
4,600.00
1,500.00
4,000.00
6,000.00
8.000.00
5,000.00
2,400.00
25,000.00
$60,560.00
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BANK GOMmSBIONSBS' BEPOBT.
TLB OF BONDS AND STOCKS OF THB LAOONIA SAVINOS
BANK.— Oontinutfd.
BONDS.
Estimated
Market Value.
Par Valae.
Value on
Books.
MlSOKLLANKOUS.
naoUdated Blectric Co., 6s
Water Works, Tenn., 6s . . .
¥ater Works, Iowa, 6«
n Water Works, Ind., 6s. . .
k Lake ViUacre Water
e ............................
$10,000.00
6,000.00
8,000.00
6,000.00
10,400.00
6,000.00
6,000.00
8,760.00
8,000.00
6,000.00
4,400.00
6,000.00
2,000.00
6,000.00
6,000.00
4,000.00
8,000.00
6,000.00
6.000.00
6,000.00
6,000.00
2,700.00
6,000.00
6.000.00
6,000.00
6,000.00
5,000.00
2.500.00
6.060.00
5,000.00
6,000.00
2,500.00
26,000.00
10,000.00
682.00
$10,000.00
8,*ooo!oo
6,000.00
10,000.00
6,000.00
6,000.00
6,000.00
8,000.00
6,000.00
6,500.00
6,000.00
2,000.00
6,000.00
7,600.00
6.000.00
8.000.00
5.000.00
6,000.00
6,000.00
5,000.00
8,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
5,000.00
6.000.00
5,000.00
5,000.00
2,500.00
26.000.00
10.000.00
682.00
2,000.00
10,000.00
$10,000.00
6,000.00
5,000.00
10,000.00
6,750.00
6.000.00
6.000.00
8,000.00
6,000.00
8,600.00
6,000.00
2,000.00
5,000.00
6,500.00
6,000.00
2,600.00
5,000.00
5,000.00
6,000.00
6,000.00
2,700.00
5,000.00
5,000.00
6,000.00
6,000.00
5,000.00
8,000.00
6,000.00
Vater Co., Minn., 6s
^ater Co.. lowa. te
Iter Supply Co., N. Y., 6s..
ater Supply A Power Co.,
• Works Co.,Omaba,Neb.,6s
;>8hire Trust Co^ deb., 4s . .
Iter Works, N. T., 6s
.y Electric Light Co., 6s. . .
! Water Works Co., Wis., 68
don Water Co., 66
rg Water Co., Col., 8s
Securities Co., Kan. City.
p Co., Marinette, Wis., 6s. .
em Gas Light ft Coke Co.,
i/ometery Assn., Denver, 6s
ater Works Co., Ohio, 6s. .
NAter Works, Wis., 5s
Water Co., Mass., 68
ter Co., Chattanooga,
^fttor Co.. Kan.. 68. .........
Water Co., Mo., 6s
r Co., Kearney, Neb., 6s . . .
rater Co., Ala., 6s
An Bailway Co., Denver,
Water Co., Ind., 68
City Bailway Co., 6s
ap v7orkB. Onio. ftA
5,000.00
5,000.00
2,500.00
26,000.00
10,000.00
682.00
w Co., 1st mortg., 68
Btr Co., 2d mortg., 68
erican Loan A Trust Co.,
ter & Light Co., Waco.,
200.00
ft Suburban St. Bailway, 6s
10,200.00
10,000.00
STOCKS.
$204,182.00
$218,182.00
$206,882.00
Bank.
i' National. Boston
$8,040.00
10,850.00
600.00
1,100.00
8,526.00
1,665.00
6376.00
1,260.00
1,649.00
$2,000.00
9,000.00
600.00
1,000.00
1,500.00
1,500.00
4,700.00
1,260.00
1,700.00
$2,000.00
at.1rkn«.1 r.sLPrkn1n.
9,000.00
•600.00
1,000.00
1,500.00
1,500.00
4,700.00
1,250.00
1,700.00
tional, Boston
NT ational Boston
tate Capital, Concord
tank of Commerce, Boston
rational. Tilton
1' National, Portland, Or...
n National. Boston ..... t .. •
it carried forvfard
$29,064.00
$28,260.00
$28,250.00
p.t
M
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'^1
94
BANK G0MMIBSI0NBB8' BBPOBT.
SOHBDULB OF BONDS AND STOCKS OF THE LACONIA SAVINGS
BANK.— Otmf<nu6<i.
STOCKS.
Bank ,-^Ckmtinu0d .
Amount brought fonccird
Clark Connl^, Osceola, Iowa
Merohanta' National, St. Johnsbnry,
Vt
Nashua Trust Co
Bailboad.
Eastern, in New Hampshire
MlSCKLLANKOUS.
Tiffln Water Works, Ohio
Estimated
Market Value.
Par Value.
Value on
Books.
$39,064.00
860.00
600.00
$86,404.00
$6,076.00
$1,260.00
$28,260.00
1,700.00
600.00
6,000.00
$86,460.00
$7,600.00
$6,000.00
$28,260.00
1,700.00
600.00
5,000.00
$80,460.00
$6,000.00
$2,600.00
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BANK OOMMIWIOinBBS' BBPOBT.
96
.KE VILLAGE SAVINGS BANK.— LAKEPORT.
I Ham, President. John Aldbich, Treasurer.
8 — ^Thomas Ham, Charles L. Palsifer, John S. Crane, B$n-
i F. Drake, Joseph L. Odell, Stephen B. Cole, Edwin D.
I, Charles A. Sleeper, John Aldrich.
}>ent Committee — ^Thomas Ham, John S. Crane, Charles L.
Per, Edwin D. Ward.
STATEMENT.
Liabtiitiet.
lUA <ldi>OAltiors ••.••••••••••••
$272,870.02
11,160 JS2
660.88
9272,870.02
11,160.68
66040
fiond
jut
$284,680.92
802.60
$284,878.42
$284,680.92
J
issets.
Estimated
Market Value.
Par Value.
Value on
Books.
'oared by western mort-
$96,296.00
89,781.00
6.902.20
4.000.00
7,025.00
81,160.00
27,100.00
9,296.00
4,160.00
61,682.00
947.69
100.58
89*781.00
6,902.20
4,000.00
7,025.00
81,000.00
80,200.00
8,200.00
5,900.00
61,682.00
947.69
100.58
$98,296.00
89,781X10
6,902.20
4,000.00
7,025.00
80.787.50
27,460.00
8.460.00
6,800.00
61,682.00
947.69
100418
sared by local real estate . .
personal secnrity (local) . .
personal secnrity (western)
collateral security (local). .
Q, and district bonds
leons bonds
3k
Leons stocks
te by foreclosure*
leposit in national banks. . .
land r--.TTrT»rr.T r
$284378.42
$287,988.42
$284,680.92
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96 bank commibsionsbs' rbpobt.
Statement of Deposits, Earnings, and Expenses
(8ine» la$t RxaminntionJ
From Aug. 5, 1896, to Sept. 10^ 1896.
Amount of deposits at date of last examination . $292,638.47
Amount and rate of dividends declared, 3;^ per cent. 8,782.14
Amount of deposits received 41,078.21
$342,498.82
Amount of withdrawals 69,628.80
Amount of deposits at close of business Sept. 10, 1896 $272,870.02
Gross income— Interest, $13,106.69; rents, $1,243.79 14350.48
Transferred from graaranty fund .... 2,939.48
$17,289.96
Interest paid out $65.75
Salaries, rents, and incidentals 2,129.82
State tax 1,742.50
Western taxes 2,303.24
Foreclosure expenses .... 1,823.19
8,064.50
Net earnings $9,225.46
Dividends, January and July, 1896 . 8,782.14
To surplus $443.32
Surplus and interest, last examination $207.06
Increase 443.32
Surplus and interest, present examination $650.38
Incorporated 1864.
Examination Sept 10, 1896, by Thomas J. Walker.
Treasurer's bond, $50,000. Date of bond, Oct. 25, 1890.
Clerk, C. L. Pulsifer.
Annual compensation of treasurer, $1,200.
Annual compensation of clerk, paid by treasurer.
Indebtedness of trustees as principal, $1,400 ; as surety, $1,700.
Largest amount loaned to any individual, corporation, or company,
$5,500.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, $4,500.
Total amount loaned or invested in New Hampshire, $61,158.20.
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BANK C0MHI88I0NEBS' REPORT.
97
LB OP BONDS AND STOCKS OP THE LAKE VILLAGE SAVINGS
BANK.
BONDS.
Estimated
Market Valae.
Par Valoe.
Valne on
Booka.
CiTT AND Town.
School Distbict.
Co., No. 80, Wash., 78
MiSCKLLAVBOUS.
ei)".'.
B...
By.
.'cV,
STOCKS.
Bank.
National
Bank of Lakeport
MlBCBLLANBOUB.
tuBt Co., Nashna
of America, Topeka
B Sewer & Water Co., N. C
$5,100.00
1,630.00
2,250UN>
8,000.00
8,180.00
2,100.00
6,160.00
6,000U»
$5,000.00
1,600.00
8,000.00
8,000.00
8.000.00
2,000.00
6,000.00
6,000.00
$4,812.60
1,600.00
8,000.00
8,000.00
8,000.00
2,000.00
6,000.00
4,976.00
$27,870.00
$27,600.00
$27,287.60
$8,780.00
$8,600.00
$8,600.00
$2,100.00
2,600.00
600.00
1,800.00
8,000.00
6,000.00
6,000.00
6,000.00
1,200.00
$2,000.00
6.000.00
1,000.00
2,000.00
8.000.00
6,000.00
6,000.00
5,000.00
1,200.00
$2,000.00
2,600.00
1,000.00
2,000.00
8,000.00
6,910.00
6,000.00
4,860.00
1,200.00
$27,100.00
$80,200.00
$27,460.00
$6,326.00
2,970.00
$6,600.00
2,700.00
$6,780.00
2,700.00
$9,296.00
$8,200.00
$8,460.00
$1,000.00
1,160.00
2,000.00
$1,000.00
2,800.00
2,600.00
$1,000.00
2,800.00
2,000.00
$4,160.00
$6,900.00
$5,800.00
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^O BANK C0MMIS8I0NEBS BBPOBT.
LANCASTER SAVINGS BANK— LANCASTER.
Ezra Mitchell, President Henry O. Kent, Treasurer,
Trustees — Henry O. Kent, Frank Jones, Erastus V. Cobleigh,
Edward R. Kent, Ezra Mitchell, James H. Curtis, Charles A»
Cleveland, Henry P. Kent, Stetson W. Cashing, Joseph D. Howe.
Investment Committee — Henry O. Kent, Erastos V. Cobleigh, Ezra
Mitchell, Edward R. Kent, Charles A. Cleveland.
STATEMENT.
Liabilities.
Amount dae depositors
Guaranty fond
Interest
Premium
$560,945.11
12,119.75
11,478.07
2,866.00
$586,892.98
$560,945.11
12,119.75
11,478.07
$588,587.98
Assets,
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mortgages
Loans secured by local real estate..
Loans on personal security (local) .
Loans on collateral security (local) .
Loans on collateral security (west-
em)
United States bonds
State bonds
County, city, town and district bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Warrants
Real estate by foreclosure
County Judgments
Bank vault .
Cash on deposit in other banks.... .
$157,258.75
78,820.89
68,438.75
22,226.87
14,900.00
11,726.00
8,510.00
82 860.00
2,835.00
64.290.00
7,660.00
11.760.00
8,291.27
41,538.28
8,925.08
5,000.00
12,489.04
$686,892.93
$157,268.75
78,820.89
68,488.75
22,226.87
14,900.00
10,000.00
8,000.00
79,600.00
6,000.00
65.440.00
7,000.00
14,600.00
8,291.27
41,588.28
8,925.08
5,000.00
12,489.04
$587,812.93
$157,258.76
78,820.89
58,488.75
22,2264(7
14,900.00
11,725.00
8,000.00
79,500.00
5.000.00
68,440.00
7.000.00
11,600.00
8,291.27
41,588.28
8,925.08
5,000.00
12,489.04
$588,587.98
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BANK C0MMI8SI0KEB8' BBPOBT. 99
FATESIENT OF DEPOSITS, EARNINGS AND EXPENSES
(8inee latt BxaminationJ
From October i, 1895, to September 21, 1896.
of deposits at date of last examination . $ 546,473.66
and rate of dividends declared, 4 per cent . 21,063.67
of deposits received 106,985.93
«674,523.26
of withdrawals 114,578.15
of deposits at close of business, Sept. 21,
come . . . .
paid ont
rents, and incidentals
taxes
ore expenses
IS charged off
to guaranty fund
$725.58
2,507.81
1,294.33
1,042.01
35.00
2,113.12
$559,945.11
$29,282.76
7,717.85
imings $21,564.91
Is, January and July, 1896 . 21,063.67
us $501.24
Etnd interest, last examination . . $10,971.83
501.24
IS and interest, present examination . . $11,473.07
ated 1868.
ition Sept. 21, 1896, by Alpheus W. Baker and John
1.
>r's bond, $50,000. Date of bond, Aug. 18, 1890.
tetson Ward Gushing.
compensation of treasurer, $1,500.
compensation of clerk, $700.
Iness of trustees as principal, $2,105 ; as surety, $500.
amount loaned to any individual, corporation, or company,
00.
of loans secured by mortgage in this state at a rate not
ling five per cent, per annum, $10,000.
lount loaned or invested in New Hampshire, $186,725.01.
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BAITK OOMMXaBlOmeAS* ASPOST.
SCHEDULE OF BONDS AND STOCKS OF THE LANCASTER SAV-
INGS BANK.
BONDS.
Estimated
Market Valne.
Pftr Valae.
Valae on
Books.
Unitbd Statbs.
United States, 4s
Statb.
New Mexico, 78.
County.
Santa F^N.M., 68....
Snmmlt, Col., 78
Sagoache, Col., 78....
Clay, Minn., 7s
Aronaleta, Col., 78 —
Pitkin, CoL, 68
Grant, Oklahoma, 68.
City and Town.
Moorhead, Minn., 7s
Fargo, N. D.,78
Toledo, Ohio, 7 S-lOs
Arkansas City, Kan., 68
Soperlor, Wis., 68
Wilson, N. C, 68
Sallda, Col., 68
Paris, Tenn., 6s
School Distbict.
Bannock Co., No. 1, Idaho, 68..
Railroad.
Atchison, Topeka A Santa F6, adjust-
ment, 48
Atchison, Topeka and Santa F6, gen-
eral mortgage, 4s •
MiSCBLLANBOUS.
Evansvllle Street Railway. Ind., 6s..
Lombard Investment Co., deb., 68.. .
New Hampshire Trust Co., deb., 4s. .
Xenla Water Co., Ohio, 68
Sallna Water- Works Co., Kan., 68...
Denver Consolidated Electric Co., 68
Hnrley Water Co., Wis., 68
Western Electric Constnictlon Co.,
Denver, 6s
People's Gas and Electric Co., Chll-
llcothe. Mo., 68
North End Water Co., Tacoma,
Wash^78 ••...
Dnloth Transfer Ry. Co., Minn., 68.. .
$11,726.00
$8,610.00
$8,000.00
6,000.00
5,000.00
6,000.00
4,120.00
8,000.00
5,000.00
$86,210.00
$11,000.00
10,500.00
1.160.00
2,700.00
8,800.00
5,000.00
5,260.00
2,000 00
$40,900.00
$5,260.00
$1,666.00
1,170.00
$2,885.00
$10,000.00
$8,000.00
$8,000.00
5,000.00
5,000.00
6,000.00
4,000,00
8,000.00
5,000.00
$86,000.00
$10,000.00
10,000.00
1,000.00
2,500.00
8,000.00
5,000.00
5,000.00
2,000.00
$88,500.00
$5,000.00
$4,500.00
1,600.00
$6,000.00
$11,725.00
$8,000.00
$8,000.00
6,000.00
6,000.00
6,000.00
4,000.00
8,000.60
5,000.00
$86,000.00
$10,000.00
10,000.00
l,0OOUN>
2,500.00
8.000.00
5,000.00
5,000.00
2,000.00
$88,500.00
$6,000.00
$5,000.00
$5,000.00
$10,000.00
1,440.00
7,200.00
10,600.00
4,000.00
5,000.00
5,000.00
5,000.00
5,160.00
6,000.00
6,000.00
$64,290.00
$10,000.00
1,440.00
9,000.00
10,000.00
4,000UX)
5,000.00
6,000.00
6,000.00
5,000.00
6,000.00
6,000.00
$10,000.00
1,440.00
7,000.00
10,000.00
4,000.00
6,000.00
6,000.00
6,000.00
6,000.00
5,000.00
6,000.00
$66,440.00 I $68,440.00
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BANK COMMI88ION1EB8' REPORT.
101
[EDULB OF BONDS AND STOCKS OF THE LANCASTER SAV-
INGS BANK.— Continued.
STOCKS.
I Estimated
I Market Valne.
Par Valae.
Valoe on
Books.
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102
BANK commissioners' BKPORT.
LEBANON SAVINGS BANK— LEBANON.
Solon A. Peck, President. Chablss E. Coopeb. Treasurer.
Trustees — Solon A. Peck, Charles M. Hildreih, Oilman C. Whipple,
Richard W. Cragin, Frank B. Eendriek, William S. Carter,
Carlos D. Smith, Henry M. Day, Frank C. Churchill, George S.
Rogers, Charles A. Dole, Charles E. Cooper, Josiah E. Lincoln,
Reuben C. Tme, Fred H. Emerson.
Investment Committee — Solon A. Peck, Charles M. Hildreth,
Henry M. Day, Charles A. Dole, Charles E. Cooper.
STATEMENT.
Liabilities.
Amoont due depositors
Qaaranty fond
Interest
Dae banks
Premium
8o,a
10,918.47
$964,861.00
Assets.
Estimated
Market Value.
Par Value.
Value on
Booka.
Loans secured by western mortgasres
Loans seoored bj local real estate . .
Loans on personal seoarity (local) . .
Loans on collateral security (local) .
State bonds
$268,808.19
80,988.60
48.927.00
20,200.00
10,800.00
226,810.00
26,476.00
181,400.00
87,086.00
1,000.00
72,867.77
62,149.68
6,000.00
$262,808.19
80,988^0
48,987.00
20,200.00
10,000.00
216,400.00
26,000.00
148,800.00
82,800X»
1,000.00
72,887.n
62,149.68
6,000.00
$262,808.19
80,98&60
48,927 JM»
20,200.00
10,000.00
216,725.00
24,660.00
82^.00
1,000.00
72,887.77
62,140.68
6,000.00
County, city, town, and district
bonds
Miscellaneous bonds
Bank stock t . r , ^ .... r .... r ............ .
Miscellaneous stocks
Real estate bv f orecloanre
Real estate ourchased
Bank vault, eto
$979,406.09
$975,886.09
$964,861.00
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BANK C0MMI88I0NEB8' REPORT.
STATEMENT OF DEPOSITS, EARNINGS, AND EXPENSES
(Since lagt Examination)
From July SO, 1895, to July 24, 1896,
t of deposits at date of last examination . $976,14<
it and rate of dividends declared, 3^ per cent. 32,791
it of deposits received 139,291
it of withdrawals
n,148,22i
249,911
unt of deposits at close of business July 24,
96 $898,31(
[icom<
.79
guaranty f imd
Interest, $49,469.90 ; preminms, etc..
t paid oat .
3, rents, and incidentals
bx . . .
n taxes
sure expenses
charged off .
ion of book values
$230.59
3,706.89
6,682.39
2,702.96
993.72
20,650.00
7,400.00
$50,41t
20,00(
$70,41(
earnings
orpins
lends October, 1895, and April, 1896
and interest, last examination
orplos
42,365
$28,051
4,74C
^32,791
$30,371
4,74(J
lus and interest, present examination . . $25,63C
crated 1869.
lation July 24, 1896, by Alpheus W. Baker,
•er's bond, $75,000. Date of bonds, Feb. 1, 1896, and A
896.
F. H. Hosf ord.
compensation of treasurer, $1,300.
compensation of clerk, $900.
dness of trustees as principal, $18,500 ; as surety, $10,C
amount loaned to any individual, corporation, or compa
KK).
\, of loans secured by mortgage in this state at a rate not
ng five per cent, per annum, $7,500.
mount loaned or invested in New Hampshire, $199,865.5
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104
BANK OOHMI80IONBB8' BEPOBT.
SCHEDULE OP BONDS AND STOCKS OF THE LEBANON SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Valoe.
Value on
Books.
Statb.
Utah, 58
County.
Uinta. Wyo., 68... ....
Apache. Arizona. 78 . . .
Valencia, N. M., 6s
Ohehalls. Wash., 68. . . .
Spokane, Wash., 6s
Lewis, Wash., 6^8
Cache, Utah, Ss
Cascade, Mont., 68
CiTT AND Town.
Newport, 68
Montrose, Col., 8s
Chadron, Neb., 6s
s
l.,68.
School Distbiot.
Pierre. S. Dak., 68
Asotin Conn^, No. 7, Wash^ 78 ....
Sweetwater Coonty, No. 4, wyo., 78
Las Animas Coonty, No. 1, Col., 6s.
Gallatin Coonty, No. 7, Mont., 6s
Deer Lodge County, No. 10, Mont., 68
Brainerd, Minn., Board of Edoca., 6s
Bailsoad.
Midland of New Jersey, 6s. . . .
Eastern of Massachosetts, 6s.
EyansTllle & Indianapolis, 6s.
MiSCBLLANBOUB.
Equitable Sureties Co^ deb., 48 . . .
Crippen, Lawrence & Co., deb., 48. .
New Hampshire Trust Co.. deb., 48
Trust Company of America, 68
Central Loan & Land Co., deb., 6s. .
Dakota Inyestment Co., deb., 6^8.. .
Globe Inyestment Co., deb., 68. ...
New Eng. Loan & Trust Co., deb., 6s.
$10,800.00
$6,000.00
7,860.00
5,000.00
5,260.00
5,500.00
5,260.00
5,250.00
10,600.00
$49,100.00
$12,960.00
5.260.00
5,250.00
15,800.00
11,000.00
12,820.00
11.000.00
5,260.00
5,250.00
5,250.00
10,000.00
10,000.00
12,000.00
10,500.00
5,250.00
7.210.00
$148,700.00
$8,000.00
4,620.00
5,000.00
5,000.00
5,000.00
5,000.00
5,800.00
$82,020.00
$11,500.00
5,975.00
8,000.00
$25,475.00
$800.00
9,000.00
18,000.00
15,000.00
9,000.00
10,000.00
5.000.00
10,000.00
Amount oarried forward*
$76,800.00
$10,000.00
$5,000.00
7,000.00
5,000.00
6,000.00
5,000.00
5,000.00
5,000.00
10,000.00
$47,000.00
$12,000.00
5,000.00
5,000.00
15,000.00
10,000.00
11.000.00
10.000.00
5,000.00
5,000.00
5,000.00
10,000.00
10,000.00
12,000.00
10,000.00
5,000.00
7,000.00
$187,000.00
$8,000.00
4,400.00
5,000.00
5,000.00
5,000.00
6,000.00
5.000.00
$82,400.00
$10,000.00
5,000.00
10,000.00
$25,000.00
$800.00
10.000.00
22,500.00
15,000.00
10 000.00
10,000.00
10,000.00
10,000.00
$87,800.00
$10,000.00
$4,050.00
7,000.00
5,000.00
5,000.00
5.000.00
5,000.00
5,000.00
10,000.00
$46,950.00
$12,000.00
5,000.00
5,000.00
15,000.00
10.0004)0
11,000.00
10,OOOUW
5,000.00
5,000.0&
6,000.00
10,000.00
10,000.00
11.400.00
10,000.00
5,000.00
7,000.00
$186,400.00
$8,000.00
4,400.00
5,000.00
4,976.00
5,0004)0
5,000.00
6,000.00
$82375.00
$9,650.00
5.000.00
10,000.00
$24,6604)0
$800.00
9.000.00
17,500.00
15,0004)0
10,000.00
10,000.00
7,600.00
10,000.00
$79,800.00
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BANK COMMI88IONEB8' BEPOBT.
105
CJLE OP BONDS AND STOCKS OF THB LEBANON SAVINGS
BANK.— CbfUiniMd.
BONDS.
Estimated
Market Value.
Pap Value.
Valae on
Books.
XLANBOus.— OcmKntMd .
Co.'.'
78.*!!!
ECan-
Den-
ia'ii-'
$78,800.00
10,000.00
10,000.00
5,000.00
10,000.00
5,000.00
10,100.00
6,000.00
$87,800.00
10,000.00
10,000.00
5,000.00
10,000.00
6,000.00
10,000.00
6,000.00
$79300.00
10,000.00
9,000.00
5,000.00
0,600.00
5,000.00
10,000.00
6,000.00
STOCKS. —
$182,800.00
Bank.
Bank of Liebanon - t
$29300.00
500.00
8,000.00
tional, MinneapoUs, Minn. .
MlSCBIiLAHKOUS.
$87,086.00
$82,800.00
$82,800.00
re Insurance Co., Concord.
$1,000.00
$1,000.00
$1,000.00
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106
BANK GOMMI88IOineB8' BEPOBT.
LITTLETON SAVINGS BANK.— LITTLETON.
€HABLicfl F. Eastman, President. Osgab C. Hatch, Treasurer,
Trustees — Oscar C. Hatch, Charles F. Eastman, Ira Parker,
George T. Graft, William H. Bellows, Henry F. Green, James
H. Bailey.
Investment Committee — Oscar C. Hatch, Charles F. Eastman, Ira
Parker, Greorge T. Cruf t.
STATEMENT.
Liahilities,
Amount due depositors
Goaranty fund
Interest
Premiam
$1,060,844.40
66,700.00
26,844.18
29,676.00
$1,162,468.68
$1,000,244.40
26,844.18
$1,182,788.88
Assets.
Estimated
Market Valne.
Par Value.
Valne on
Booka.
Loans secured by western mort-
gages
Ix)ans secured by local real estate.. .
Loans on personal security (local) . .
Loans on personal security (western)
Losns on collateral security (local)..
Loans on collateral security (west-
em)
State bonds
County, city, town, and district
bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Seal estate by foreclosure
Certificates of deposit ,
Cash on deposit in nationsl banks.
Cash on hand
$151,046.14
122,406.22
149,940.06
68,111.66
86,646.66
6,875.00
8,000.00
420,976.00
61,096.76
67,960.00
9,076.00
40.821.41
7,600.00
42,254.21
462.47
$1,162,468.58
$151,946.14
122,406.22
149,940.06
68,114.66
86,546.66
6,875.00
8,000.00
406,825.00
67,948.75
48,660.00
9,200.00
40,821.41
7,600.00
42,254.21
462.47
$1,187,488.58
$161,94S.14
128,40&S2
149,940.06
68,114.66
86,545^
6,875.00
8,000X0
408,125J»
68,448.75
9.2(
40,821.41
7,600a»
42,254.21
402.47
$1,182,788.68
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BANK GOMMIfiSIONSBS' REPORT.
107
Statkment of Deposits, Earnings, and Expenses
C8ine€ latt SwaminationJ
From August W, 1895, to August 11, 1896.
Amaant of deposits at date of last examination . $1,055,558.17
Amount and rate of dividends declared, 4 per cent. 39,971.07
Amount of deposits received 229,372.64
Amount of withdrawals
$1,324,901.88
274,657.48
Amoont of deposits at close of business Aug. 11,
1896 $1,060,244.40
Gross income— Interest, $63,780.89; rents, $2,-
089.23 .
Interest paid out .
Salaries, rents, and incidentals
State tax
Local taxes .
Western taxes
Foredosore expenses
Premioms charged off .
Loeses charged off
Reduction of book values
Other items charged off
$47.41
4,359.25
7,883.70
146.73
637.16
178.01
1,620.00
841.00
16,500.00
3,083.28
$65,870.12
Net earnings
From surplus
Dividends January and July, 1896
Surplus and interest, last e-xamination
From surplus . » . .
35,296.54
$30,573.58
9,397.49
$39,971.07
$35,241.67
9,397.49
Surplus and interest, present examination . $25,844.18
Incorporated 1868.
Examination Aug. 11, 1896, by Alpheus W. Baker.
Treasurer's bond, $80,000. Date of bond, June 13, 1895.
Clerk, C. C. Morris.
Annual compensation of treasurer, $2,000.
Annual compensation of clerk, $850.
Indebtedness of trustees as principal, $4,800 ; as surety, $38,533.36.
Largest amount loaned to any individuaJ, corporation, or company,
S23,185.03.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, $19,351.43.
Total amount loaned or invested in New Hampshire, $245,731.40.
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BANK GOMMI8SIONEB8' BEPOBT.
8CHBDULB OF BONDS AND STOCKS OP THE LITTLBTON BAVINQS
BANK.
BONDS.
Estimated
liarket Value.
Par Valae.
Value on
Books.
Statb.
Colorado, 4fl
County.
Nnokollfl, Neb., 6s
Cache. Utah, 6s
Summit, Ohio, 6s
Hemiepin, Mlxm., 4Mis
Otter Tail, Minn., 6s
Knox, Ind., 6s
CiTT Ain> Town.
Dabaqae, Iowa, 68
Lincoln. Neb., 10s
Piqaa, Ohio, 6s
Indianapolis^nd., 6s
Hotchinson, Kan., 6s
Wahoo, Neb., 68
Seattle, Wash., 6s
Bast Portland, Oregon, 6s
Toledo, Ohio, 5s
Walla Walla, Wash., 6s
Boulder, Col., 6s
Cedar Falls, Iowa, 6s
Golden, Col., 88
Highlands, Col., 68
Moscow, Idaho, 6s
Woodland, Cal., 68
Keamev, Neb., 68
Lakeside, Minn., 6s
Salt Lake City, Utah, 58
Grand Forks, North Dakota, 6s . . .
Denver, Col^ in
Council Blaiis, Iowa, 6a
Olympia, Wash.,6s
Napa, Cal., 6s
Beatrice, Neb., Ss
Wellston, Ohio, 58
Pueblo, Col., 68
Colorado Springs, Col., 68
Bessemer, Col., 58
New Britain, Conn., 4s
Dayton, Ohio, 5s
Chicago, 111., Sanitary District, 68.
Minneapolis, Minn., 4V^s
Kansas City, Mo., 4s
Portsmouth, Ohio, 5s
Paterson, N. J., 78
Attica, Ind., 68
Wausau, Wis.. 58
Bast Liyerpool, 68
Nlles. Mich., 68
Central Falls, B. I., 4V^8
Boston, Mass., 48
School Distbict.
La Plata County. No. 9, Col., 78. . . .
Pueblo County, No. 1, Col., 68
Amount carried forward
$8,000.00
$10,200.00
6,260.00
4,000.00
88,060.00
8,240.00
5,160.00
$68,890.00
$8,000.00
1,000.00
8,150.00
2,000.00
6,200.00
5,200.00
15,600.00
12,500.00
6,500.00
6,400.00
5,100.00
4,280.00
4,060.00
10,500.00
5,200.00
4,000.00
8,090.00
6,200.00
15.800.00
8,160.00
6,100.00
2,600.00
4,200.00
4,726.00
2,000.00
4,200.00
5,600.00
8,100.00
1,000.00
5,260.00
4380.00
15,900.00
7,420.00
12,860.00
5,100.00
1,100.00
7,660.00
6,860.00
8,800.00
6,120.00
10,400.00
10,900.00
$261,506.00
$6,000.00
5,100.00
$11,100.00
$8,000.00
$10,000.00
6,000.00
4,000.00
85,000.00
8,000.00
5,000.00
$67,000.00
$2,000.00
1,000.00
8,000 00
2,000.00
6,000.00
15,000.00
10,000.00
6,000.00
6,000.00
6,000.00
4,000.00
10,000.00
5,000.00
4,000.00
8,000.00
5,000.00
15,000.00
8,000.00
5,000.00
2,600.00
4,000.00
4,725.00
2,000.00
4,000.00
6,noo.oo
8,000.00
1,000.00
5,000.00
4,000.00
16,O0OXW
7,000.00
12,000.00
6,000.00
1,000.00
7,500.00
6,000.00
8,000.00
6,000.00
10,000.00
10,000.00
$288,725.00
$6,000.00
6,000.00
$11,000.00
$S,000i»
$10,000X0
6,000JM>
4,000 J»
85.000.00
8,0004»
5,000 jOO
$67,0004)0
$l,fl00.00
1,000.00
SJOOOM
2,0004)0
6,000.00
6,0004)0
15.0004)0
6,000410
4,0004)0
10.0804)0
5,0004)0
4,0004)0
8«0004)0
6,0004)0
15,000.00
8,000.00
^000.00
4,725.00
5,0004)0
4,000410
16,0004)0
7,00040
12,000410
5,0004)0
6,0004)0
10,0004)0
10,000.80
$6,0004)0
6,0004)0
$11,C
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BANK COMMIBSIONEBS' BRPOBT.
109
S OP BONDS AND STOCKS OF THE LITTLETON SAVINGS
BA.'SK.— Continued,
BONDS.
Estimated p v*iin«
Market Valoe. ^•^ vaioe.
DiVTRicT. —Continued,
brought forward
Soanty, No. 6, Col., 6s
Sonnty, No. 21, Col., 68...
[8, North Dakota, 68
onnty, No. 129, Wash., 88
oantv. No. 1, Col., 78
Ity, Utah, 58
bounty. No. 17, Col., Ss. . .
»onty, NO, 1, Wyo., 6a. . . .
in., 58
,«».;
, Cal., 68
l.,68
I., 48
[I8CSLLAMSOU8.
St. Rt., Portland, Or., 6s
i>e Railway Co., 68
V^ater W'ks Co., Omaha,6s
e Water Co., Ind.. 68
n A Land Co., deb., 68. . . .
shire Trust Co., deb. 6s. . .
isolldated Electric Light
I Street Railway Co., 68. .
:tric Ry. & Power Co., 68
tB Gaa and Electric Co.,
Cemetery Ass'n, Col., 68
r Investment Co., deb., 6s
on Telegraph Co., 68
STOCKS.
Bank.
Eitional
set National
nal, Sioox City, U wa —
itional, Tilton
tional
ttional, Laconia. . .
Nation'I, Sioax Fall8,S.D.
of Osborne, Kan
ink of Commerce, Pierre,
Nationai .' .' .' ! .' .' .' ', I ', ', '. '. '. '. V.'.',
nty, Harlan, Iowa
8 National, Houston, Tex.
National. Portland, Or...
[laCBLLANBOUB.
aklng Co., Hastings, Neb.
Loan & Trust Co., Minne-
A Tmst Co., Los Angeles
ridge
ivestment A Realty Co.,
Can
$11,100.00
6,250.00
10.800.00
8,570.00
600.00
7,210.00
5.100.00
8,060.00
4,000.00
6,860.00
7,420.00
18,250.00
6,860.00
17,000.00
$100,680.00
$5,000.00
4,860.00
5,000.00
5,000.00
4,500.00
7,200.00
10,000.00
5,000 00
2,948.75
8,000.00
5,000.00
2.600.00
1.100.00
$61,086.75
$87,500.00
1,650.00
2,400.00
1375.00
1,725.00
2,200 00
1,500.00
460.00
1,000.00
2,800.00
1,100.00
8,000.00
750.00
$57,960.00
$875.00
2.500.00
2.000.00
100.00
4,100.00
$9,075.00
$11,000.00
5.000.00
10,000.00
8,500.00
600.00
7,000.00
5.000.00
8,000.00
4,000.00
6,000.00
7,000.00
12.500.00
6,000.00
17.000.00
$97,600.00
$6,000.00
5,000.00
5,000.00
5,000.00
5,000.00
9,000.00
10,000.00
5,000.00
5,448.75
8,000.00
5,000.00
4,500.00
1,000.00
$67,948.75
$25,000.00
1,100.00
2,400.00
1,500.00
1,500.00
2,000.00
1,500.00
900.00
1.000.00
2.000.00
1.000.00
8.000.00
750.00
$43,650.00
•500.00
2.600.00
2,000.00
100.00
4,100.00
Value on
Books.
$11,000.00
5.000.00
10,000 00
8,500.00
600.00
7,000.00
5,000.00
8.000.00
4,000.00
6.000.00
7,000.00
12,500.00
6,000.00
17.000.00
$07,600.00
$5,000.00
5.000.00
5,000.00
5.000.00
5,000.00
6,500.00
10,000.00
5,000.00
5,448.75
8.000.00
5.000.00
2.500.00
1,000.00
$68,448.75
$25,000.00
1,100.00
2,400.00
1,500.00
1,500.00
2,000.00
1,500.00
900.00
1,000.00
2,000.00
1,000.00
8,000.00
750.00
$48,650.00
$500.00
2.500.00
2.000.00
100.00
4.100.00
p.
!1' 'l:
$9,200.00 I $9,200.00
I ■
Digitized by VjOG
iiii '
110
BANK C0M1CI88I0NEB8' SEPOBT.
LOAN AND TRUST SAVINGS BANK.— CONCORD.
James S. Nobbis, President. John F. Jones, Treasurer.
Trustees — James S. Noms, Lewis Downing, Jr., Howard A. Dodge,
John F. Jones, Howard L. Porter, John M. Mitchell, John C.
Linehan, James C. Norris, Josiah £. Femald, Charles H. Sanders,
John F. Wehster.
Investment Committee — James S. Norris, Lewis Downing, Jr.,
Howard A. Dodge, Howard L. Porter, John F. Jones.
STATEMENT.
Liabilities.
Amonnt due depositors
Ooaranty fand
Interest
Premiam
$2,467,888.96
145,000.00
101,708.82
67,475.00
$2,771,807.57
$2,407,888.96
146,000.00
101,798.62
$2,714,182.57
Assets.
Estimated
Market Valae.
Par Valae.
Value on
Hooka.
$608,804.76
$608,894.76
$608,894.75
465,824.62
466,824.62
465,894.62
98,948.67
98,948.67
98,948.67
22,964.45
22,964.45
22,964.45
188,988.76
188,988.76
188,968.76
48,616.10
48,616.10
48.616.10
66,800.00
60,000.00
67,600.00
22,700.00
20,000.00
20,000.00
410,429.60
897,288.60
805,118.60
182,248.00
189,904.76
126,718.00
416,907.00
448,160.00
419,660.00
82,982.00
49,500.00
68,600.00
67,700.00
44,160.00
60,600.00
2,260.00
8,000.00
2,2604N>
14,160.00
18,400.00
18,400.00
197,800.00
197,800.00
197,800.00
45.194.28
45,194.28
46,104.28
8,675.89
8,675.89
8,675J0
$2,771,607.57
$2,725,788.82
$2,714,182.67
Loans secured by western mortgagees
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
ern
United States bonds
State bonds
OountT, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing stock,
Miscellaneous stocks
Real estate by foreclosure
Cash on deposit in national banks. . .
Cash on hand
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BANK COMMIBSIONEBS' BEPOBT.
Ill
TEMSNT OF DEPOSITS, EARNINGS, AND EXPENSES
(Since la§t BxaminationJ
From April 26 j 1896, to April 27, 1896.
i deposits at date of last examination
nd rate of dividends declared, 3^ per cent.
f deposits received
f withdrawals
$2,676,666.97
81,640.12
382,463.19
$3,040,649.28
673,310.33
of deposits at close of business, April 27,
!ome. — ^Interest. $138,207.64; rent, pre-
etc., $10,691.61
aid out .
'ents, and incidentals
$2,467,338.96
re expenses
1 charged off
trged off
of book values
$3,382.71
7,808.30
16,301.66
6,621.36
4,160.84
2,418.84
3,634.22
6,442.40
$148,799.06
nings
, July, 1896
>lus
id interest, last examination
and interest, present examination
49,660.22
$99,138.83
81,640.12
$17,698.71
$84,194.91
17,698.71
$101,793.62
bed 1872.
ion April 27, 1896, by Alpheus W. Baker and John Hatch.
's bond, $100,000. Date of bond, Nov. 8, 1886.
•ed N. Ladd, Greorge R. Connell.
mpensation of treasurer, $3,000.
mpensation of clerks, $2,220.
ess of trustees as principal, $3,000 ; as surety, nothing.
Dount loaned to any individual, corporation, or company,
L
f loans secured by mortgage in this state at a rate not
ig five per cent, per annum, $234,108.
unt loaned or invested in New Hampshire, $929,626.69.
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112
BANK COBOUSSIOinfiBS BBPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE LOAN AND TBU8T
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Value.
Valae on
Books.
Unitbd Statbs.
United States, 68 .
United States, 48 .
Statb.
Utoh, 68
New Mezioo, 7s.
COUMTT.
Pueblo, CoIm 68 ... .
Kingman, Kan., 68.
Sierra, N.M., 68....
Meiffs, Ohio, 68
Cowley, Kan., 68...
Pacific, Wash.. 68. . .
Ghehalla, Wash., 68.
Clay, Miss., 68
Bio Grande, Col., 7a.
LaP\ata,Ool., 68....
Montrose, Col., 68 . .
Spokane, Wash., 6s.
NnokoUs, Neb., 68..
City and Town.
Walla Walla, Wash., 68 . . .
Salt Lake City, Utah, 68. . .
Dnbaqne, Iowa, 68
Colnmbas, Kan., 6s
Astoria. Oregon, 68
ProTO City, Utah, 68
Butler. Ind., 68
Colambns, Neb., 68
Wooster, Ohio, 68
Grand Forks. N. Dak., 68 .
Missoula, Mont., 68
Kearney, Neb., 68
Lakeside, Minn., 68
Los Angeles, Cal., Ss
Sioux City, Iowa, 68
Toledo, Ohio,
Minneapolis, Minn., 68. .
Bedlanas, Cal., 6s
Ogden, Utah, 6s
Ashland, Neb., 68
Boulder, Col., 58
Columbus, Ohio, 68
Boone. Iowa, 58
EllensDurgh, Wash., 6s..
Emporia, Kan., 6s
Washington, Ind., Ss. . . .
Seattle, Wash., 5s
Canton, Ohio, 5s
Dayton, Wash., 68
Kansas City, Kan., 68. . . .
Logan City, Utah, 58 .
n. Neb., 68.
Lincoln, .
East St. Louis, 111., 68 .
Book Island, 111., 68.
Amount earHed forward $266,668.60 I $347,«>8.60
$45,«WU»
11,600.00
•56,800.00
$11,000.00
11,700.00
$22,700.00
$11,850.00
5,720.00
1,886.00
2,000.00
5,000.00
5,200.00
10,500.00
5,000.00
5,800.00
5,000.00
2,526.00
11.000.00
10,200 00
$80,681.00
$10,800.00
20,600.00
5.000.00
4,800.00
10,700.00
10.600.00
5,600.00
5,400.00
5,100.00
5,200.00
6,100U»
5,150.00
5,200.00
21,000.00
2,240.00
4,200.00
8.000.00
10.600.00
16,200.00
6,666XX>
5,100.00
4,160.00
10,800.00
5,200.00
6,000.00
4,000.00
5.200.00
1,000.00
10,600.00
4,888.60
15,000.00
8,000.00
11,560.00
10,000.00
$50,000.00
$10,000.00
10,000.00
$20,000.00
$11,000.00
5,600.00
2,600.00
2,000U»
5,000.00
5.000.00
10,000.00
5,000.00
5,000.00
5,000.00
2,500.00
10,000.00
10,000.00
$78,600.00
$10,000.00
20,000.00
5,000.00
4,800.00
10,000.00
10,000.00
6,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
6,000.00
20,000.00
2,800,00
4,000.00
8,000.00
10,000.00
15,000.00
6,600.00
6,000X10
4,000.00
10,OOOjOO
6,000.00
6.000.00
4,000X0
6,000,00
1,000.00
10,000.00
4,888.60
16,000.00
8,000.00
11,000.00
8,600.00
$46,000.00
11.600.00
$57,800.00
$10,000.00
10,000.00
$20,000 J»
$11,000.00
5,5ooxn
6.000.00
6,000J»
10,OOOU»
5,oooxn
5,000.00
5.000XK)
2,600.00
1O.OOOJ0O
1O,O0Oj0O
$77,800XW
$10,O0OX»
19,260X»
4,450X10
4,800.00
10,000.00
5,00000
5,000.00
5.Q0O.O0
5,000.00
5,000X10
5,000X10
6,000X10
20,000.00
4,000.00
8,000.00
10,OOOX»
16,000X»
6,800i»
5,000.00
4.000.00
10,000X10
6,000.00
6,000.00
5,000X»
1.000.00
10,000.00
4,888.00
15,000.00
8,000.00
11,OOOjOO
8,880X10
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BANK COMSddSIOKBBS' BBPOBT.
113
BCHBDULB OF BONDS AND STOCKS OF THE LOAN AND TXtUsT
SAVINGS BANK.— Obnttnued.
BONDS.
Market Value.
Par Value.
Valne on
Books.
$266,698.00
8,800.00
8,180.00
6,260.00
$247,988.60
8,800.00
8,000.00
6,000.00
$246,618,60
8!ooo.'oo
6,000.00
$268,928.60
$269,788.60
$258318.60
$4,120.00
6,100.00
6,100.00
$4,000.00
6,'000:00
$4,000.00
6.000X10
6,000.00
10,200,00
16,460.00
6300.00
6,800.00
6,000.00
6.800.00
10,000.00
16,000.00
5.000.00
6,000.00
6,000.00
6.000.00
10,000.00
15.000.00
S,000.00
5,000.00
6,000.00
6,000.00
$60,870.00
$69,000.00
$59,000.00
8,260.00
20,000.00
19,060.00
8,700.00
10,680.00
26,260.00
$6,904.76
10,000.00
26,000.00
16,000.00
10,000.00
9,000.00
$8,548.00
10,000.00
19,000.00
15,000.00
10,000.00
9,000.00
26,000.00
8.400.00
16,060.00
6,000.00
6,876.00
6,100.00
6,000.00
16,000.00
10,000.00
6,000.00
6,000.00
2,000.00
14,476.00
8,700X10
6,000.00
6,000.00
$182,246.00
$189,904.75
$126,718.00
$14,600.00
6,000.00
8,000.00
6,000.00
19,800.00
3,250.00
7,200.00
$14,600.00
6,000.00
8,000.00
6,000.00
22,000.00
9,000.00
9,000.00
$14,600.00
4,900.00
8.000.00
5,000.00
2;250!00
7,000.00
6,000.00
10.000.00
6,000.00
10,000.00
10,000.00
10,000.00
4,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
4,000.00
6,000.00
5,000.00
6,000.00
8,167.00
6,000.00
9,760.00
4,900.00
7,800.00
6,000.00
4,000.00
6,000.00
6,000.00
6,000.00
4,000.00
$112,917.00
$^82,250.00
$115,850.00
CiTT AHD Town.— Continued,
Amount brought forward
'Whltefield, 48
lAfayette, Ind., 4s
Kewton, Mass., 48
School Distbict.
Kemaha Coanty, No. 84, Neb., 78
AraDaboe Connty, No. 2, Ool., 6s
Paeblo Coanty. No. 1, Ool.. 58
Salt Lake City,UUh, Board of Educa-
tion, 68
Spiinfffleld, Mo.. 6s
I>QlQtE, Minn., 68
Fargo, N. Dak., 68
IVicnita, Kan., fis
Sprin^rfldld, Ohio, 58
Bailboad.
Taooma Traction Co., Wash., 68
Spokane A PalOQse, 68
Atchiaon, Topeka & Santa F4, 48
Minneapolis &8t. Lonls. 78
BranaTille A Indianapolis, 6s
Northern Pacific, 68
ConcordA Montreal, 48
Oregon Short Line fc Utah North-
ern, 68 <
Clereland, Lorain ft Wheeling, 68... .
Consolidated of Vermont, 68
Toledo ft Ohio Central, 68
Maine Central, 48
MlSOBLLANBOUS.
Nebraska Loan ft Trost Co., Hast-
ings, Neb., 68 <
Parsons Water Sqpply ft Power Co.,68
St. Clond Water works Co., Minn., 6s
Arkansaw Water Co., Ark., 68..
Central Loan ft Land Co., deb., 6s. . . .
Newton Water Ca, Ohio, 68
New Hampshire Trust Co^. deb., 4s. .
Winfleld Mortgage ft Trust Co.,
deb^ 68
Bcpoblican Press Association, Con-
cord. 5s
Cherryrale Water ft Manufacturing
Co.. 78
Poeblo Water Co., Col., 68
Fort PUin Water Co., N. Y., 68
Fairmonnt Cemetery Association.,
Denrer, Col., 68
Crippen, Lawrence ft Co., deb., 68. . .
Western Water ft Electric Co.,
Belleriue' Water Co'.,' 'l'li.*,'68'. V.V.'.V/.'.
Amauni carried forward
9
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114
BANK C0MMISSI0NEB8* REPORT.
SCHEDULE OP BONDS AND STOCKS OF THE LOAN AND TRUST
SAVINGS BANK.— Oimtinued.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
MxscKLLANBOUB.— CSon^inued.
$112,917.00
10.000.00
10,000.00
5,000.00
5,000.00
10,600.00
2,600.00
5.000.00
2,600.00
5,000.00
8,400.00
5,000.00
15,000.00
5,000.00
20,000.00
5,000.00
6,000.00
10,000.00
10.000,00
5,000.00
5,050.00
5,000.00
10,000.00
11,000.00
10,800.00
5,000.00
12,000.00
8,500.00
5.000.00
5,250.00
21,000.00
5,000.00
5,000.00
5,000.00
6,000.00
8,200.00
10,000.00
26.780.00
10,100.00
$182,250.00
10,000.00
10,000.00
5,000.00
5,000.00
10,000.00
5,000.00
5,000.00
5,000.00
5.000.00
8.400.00
5,000.00
15,000.00
5.000.00
20,000.00
5.000.00
7,600.00
10,000.00
10,000.00
5,000.00
5,000.00
5,000.00
10,000.00
11,000.00
10,000.00
5,000.00
12,000.00
5,000.00
5,000.00
5,000.00
21,000.00
5,000.00
5,000.00
5,000.00
6,000.00
4,000.00
10,000.00
26.000.00
10,000.00
$115,850.00
10,000.00
10,000.00
5,000.00
5,000.00
10,000.00
2,500.00
5,000.00
8,000.00
5,000.00
8,800.00
5,000.00
16,000.00
Iowa Loan ft Tnist Co., deb., 68
Clinton Water Works, Iowa. 68
Jamestown Water Supply Co.,
jf Y., 68
TTpntA. v^ater Co Ohio. 6s.
Nlles Water Works Co., Mich., 78. . . .
Mnnoie Water Works, Ind.. 6s
Dakota Loan ft Tmst Co., deb., 7s. . .
Wichita Water Co., Kan., 68
National Water Works. N. Y., 6s
nti*AAt/)r Annednc^ Co. 6s. •...
Denver Consolidated Electric Co.,
Col 6s
Cortland Water Works, N. Y., 5s . . . .
Minneapolis General Electric Co., 6s
New England Loan ft Trust Co.,
deb 6s
5,000.00
19,000.00
5,000.00
Muscatine Mortgage ft Trust Co.,
deb 68
7,500.00
Windsor Land ft Investment Co.,
10,000.00
Ottumwa Water Works Co., Iowa, 68.
Lincoln Gas Co., Lincoln, Neb., 6s. . .
Portland Water Co., Conn., 5s
City Water Co., Marinette, Wis., 6s. .
Newark Water Works Co., Ohio, 6s. .
Dakota Farm Mortgage Co. deb., 6s..
Tknnvllln 'Wfl.tAF Cn ITI 6a
10,000.00
5,000U)0
5,000.00
5,000.00
10,000.00
11,000.00
9,700.00
Winfleld Water Co., Kan., 58
Minnesota Thresher Manufacturing
Qq ^
4,900.00
11,600.00
TnnAlrii. XITfLtAr do Kaii 6fl
5,000.00
Grand Forks Gas ft Electric Co.,
N Dak 68
5,000.00
Metropolitan Horse Railroad Co.,
Evansville Street Railway Co.. Ind. ,6s
Front Street Cable Railway, Seattle,
Wash 68
21,000.00
5,000.00
Youngstown Street Railway Co.,
Ohio 68
5,000.00
Globe Safety Deposit Co., Chicago, 68
Newark ft QranvUle Street Railway,
Ohio 6s
5,000.00
6.000.00
Investment Trust Co., of America. 68
East Hartford Water Co., Conn., 5s. .
4.000.00
9,000.00
26,000.00
New Haven Street Railway, Conn., 5s
10,000.00
STOCKS.
Bank.
Merchants' National, Kan. City, Mo.
IMrflt Na.HnnAl NaflhUA
$416,907.00
$448,150.00
$419,660X0
$4,060.00
1,000.00
5,000.00
5,800.00
2,112.00
1,050.00
68,920 jOO
$8,100.00
1,000.00
5,000.00
5,000.00
2,200.00
1,000.00
27.200.00
$8,600.00
1,000.00
Second National, Nashua
Second National, Manchester
RlAPkntoDA National. Boston
4300.00
5.000.00
2,200.00
Peoples' National, Claremont
National State Capital, Concord
1,000.00
46,000.00
$82,932.00
$49,500.00
$68,600.00
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BA2TK C0MMIB8I0NEB8' BEPOBT.
116
SCHEDULE OF BONDS AND STOCKS OF THE LOAN AND TBU8T
SAVINGS BANK.— Continued.
STOCKS.
Estimated
MarketVa^ne.
Par Value.
Valae on
Books.
Baiuboad.
Oon4HM*d A Montreal. 49- 1 - 1-
$60,700.00
9,160.00
7,860.00
$30,000.00
9,160.00
6,000.00
$88,000.00
10,000.00
7,600.00
ISvnncvlllA A Tafta TTantA
Northern. N. H
MAmTPAOTURINO.
$67,700.00
$44,160.00
$60,600.00
At>hot>Down1nfr Co t ,.».
$2,260.00
$8,000.00
$2,260.00
MiSCBLLAKSOUB.
Capital Fire Insurance Co., Concord
Iowa Loan A Tmst Co., Des Moines,
Iowa. •.......••..•..«.........•.•...•.
S8,000.00
8,760.00
2,400.00
$8,000.00
8,000.00
2,400.00
$8,000.00
8,000.00
2,400.00
$14,160.00
$18,400.00
$18,400.00
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116
BANK GOMMI88IONBB8 BEPOBT.
MANCEIESTER SAVINGS BANK.— MANCHESTER.
Chab. D. McDuffie, President. Walter M. Pabkeb, Treasurer,
Trustees — Charles D. McDuffie, Charles F. Warren, S. N. Bouraet
Hiram Hill, Isaac W. Smith, Frederick C. Dow, John C. Ray,
Walter M. Parker, W. B. Stearns.
Investment Committee — Charles F. Warren, Isaac W. Smith,
W. B. Steams.
STATEMENT.
LiaJnlities,
Amount due depositors
Guaranty fund >
Interest
Beserved for state tax.
Premium
$7,281,602.05
840,000.00
121,150.66
47,414.00
265.708.'26
$8,044,870.06
$7,261,602 J6
840,000.00
121,160.56
47,414.00
$7,770,167.41
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
$1,505,418.10
$1,605,418.10
$1,506,418.10
1,070,660.00
1,070,660.00
1,070,660.00
1,181,016.72
1,181,016.72
1,181,016.72
5,000.00
5,000.00
6,000.00
1,842,720.51
1,842.720.61
1,842,720.51
82,600.00
82,600.00
82,600.00
82,876.00
75,000.00
75,oooxn
850,480.00
828,000.00
828,000.00
055,600.00
060,600.00
846.462.60
104,050.00
205,000.00
104,000.00
106,801.00
87,180.00
82,685.25
252,205.00
168,000.00
160,400.00
42,600.00
42,600.00
42.600.00
100.00
100.00
100.00
140,000.00
140,000.00
140,000.00
222,834.88
222,884.88
222,884.88
$8,044,870.66
$7,018,810.66
$7,770,167.41
Loans secured by western mortgages
Loans secured by local real estate.. .
Loans on personal security (local).. .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
em)
United States bonds
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock ...
Manufacturing stock
Warrants
Real estate by foreclosure
Cash on deposit In national banks. . .
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BANK COMMI88IONiaK8 BEPORT.
117
fLLTEMKST OF DEPOSITS, EaBNINGS, AND EXPENSES
{Since la$t BxamifMiion)
From August 18, 1896, to July W, 1896.
t of deposits at date of last examination . 37,263,408.32
it and rate of dividends declared, 3^ per cent. 220,223.54
it of deposits received 1,524,418.35
$9,008,050.21
it of withdrawals 1,746,457.26
it of deposits at close of business July 20, 1896 $7,261,592.95
$339,191.30
. $8,751.73
tcidentals . . 15,932.83
Eor Oct., 1896 . 47,414.90
isnrance advanced . 4,883.61
531.53
. 9,500.00
lues . . . 51,040.45
Iwid . . . 4,000.00
142,055.05
earnings $197,136.25
lurplus 23,087.29
lend July, 1896 $220,223.54
1 and interest, last examination . . . $144,246.85
flirplns 23,087.29
Ins and interest, present examination . . $121,159.56
>rated 1846.
lation July 20, 1896, by John Hatch.
rer's bond, $200,000. Date of bond. May 4, 1895.
Greorge H. Holbrook, Frederick L. Richardson, Mitchell
d, Orien B. Dodge, Dick Barker.
i compensation of treasurer, $6,500.
i compensation of clerks, $6,000.
kLness of trustees as principal, nothing; as surety, nothing.
b amount loaned to any individual, corporation, or company,
5,500.
it of loans secured by mortgage in this state at a rate not
eding five per cent, per annum, $702,700.
mount loaned or invested in New Hampshire, $3,466,515.77.
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118
BANK G01iM188IONEB8 BEPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE MANCHESTER SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
United Statks.
United BUtes, 68
COUHTY.
Hillsborough, 4s
City and Town.
Lincoln, Neb., 68
Cincinnati, Ohio, 78
Fargo, N. Dak., 7s
Topeka, Kan., 6s
Springfield. Ohio, Ss
St. Paul, Minn., 6s
Omaha, Neb., 6s
St. Paul, Minn.. 6s
Cincinnati, Ohio, 7 S-lOs
Milwaukee. Wis.. 7s
Indianapolis. Ind., 6s <
Peterborougn, 68
East Portland, Oregon, 6s . .
Omaha, Neb.. 5s <
Fremont, Ohio, 6s
Denver, Col., 6s
School District.
Fargo, N. Dak., 6s...
Cleveland, Ohio, 6s.
Bailboad.
Concord & Montreal, 48
Montana Central, 68
Chicago, Bock Island & Pacific,
deb., 68
Chicago, Burlington & Quinc j, deb.,
58
Spokane & Palouse, 6s
Cnicago & Northwestern, 6s
Chicago A West Michigan, 68
Chicago & West Michigan. 68
Duluth & Manitoba, 68
Chicago, Burlingrton & Quincy, 48. . .
St. Paul & Northern Pacific, 68
James River Valley, 68
Atchison, Topeka & Santa F^, 48 . .
Burlington & Missouri River, 48
Chicago, Milwaukee & St. Paul, Wis.
Val. Div., 68
Chicago, Burlington & Quincy, 78...
Pittsburgh, Cincinnati & St. Louis, 7s
Concord & Claremont, 4^8
Boston, Concord & Montreal, 6s
Morris ft Essex, N. J.. 78
Oregon Short Line ft Utah North-
ern, 68
Chicago, Burlington ft Northern. 68.
Fremont. Elkhom ft Missouri Val-
ley, 6s
Amount carried forward
$82,876.00
$68,000.00
$4,200.00
18,000.00
10,000.00
1,000.00
10,800.00
21,600.00
600.00
81,060.00
43,400.00
8,480.00
16,000.00
1,000.00
28,760.00
16,050.00
89,600.00
20,600.00
$264,480.00
$15,000.00
27,000.00
$42,000.00
$166,000.00
26,600.00
28,126.00
24,000.00
17,000.00
88,900.00
8,000.00
400.00
22,260.00
28.750.00
61,500.00
6,000.00
84320.00
19,800.00
29,500.00
28,800.00
88,850.00
105,000.00
112,000.00
27,000.00
6,500.00
1,080.00
25,600.00
$828,826.00
$76,000.00
$60,000.00
$4,000.00
16,000.00
10.000.00
1,000.00
10,000.00
20,000.00
600.00
27.000.00
86.000.00
8,000.00
16,000.00
1,000.00
26,000.00
15,000.00
86,000.00
20,500.00
$288,000.00
$15,000.00
26,000.00
$40,000.00
$150,000.00
25,000.00
26,000.00
26,000.00
20,000.00
80,000.00
20,000.00
1,000.00
26,000.00
26,000.00
50,000.00
20,000.00
44,000.00
20,000.00
25,000.00
20.000.00
85,000.00
100,000.00
100,000.00
20,000.00
10,000XX>
1,000.00
20.000.00
$76,000.00
$60,000.00
$4,000.0$
16,000.00
10,000.00
1,000.00
10,000X0
20,000.00
600.00
27,000.00
86,000.00
8,000.00
16.000.00
1,000.0$
26,000.00
16,000.00
86,000.00
90,600.00
$288,000.0$
$16,000.00
26,000.00
$40,000.00
$148,126.00
24,250.00
28.760.00
28,760.00
16,000.00
80,000.00
16,000.00
260.00
18,750.00
19,250.00
60,000.00
2.000.00
88,000.00
16,000.00
26,000.00
19,000.00
86,000.00
100,000.00
99,287.60
20,000.00
8,000.00
950.00
90,000.00
$811,000.00 I $748,862.60
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BANK COlOflSSlONEBS' REPORT.
119
TLB OF BONDS AND STOCKS OF THE MANCHESTER SAVINGS
BANK.— Continued.
BONDS.
Estimated
Market Value.
Par Value.
AiLBOAD. — Continued.
mt brought forward
& Northwestern, deb., 58. . .
of Massachusetts, 68
Bs Red Mountain, 6s
, Burlingrton & Qulncy, Ss. . .
6s
ny,6s
Short Line A Utah North -
MlSCBLLANKOUS.
litan Railroad Co., Boston, 5a
30..I11., 6s
»utti Water Co., Neb., 4s
oils Gas Light Co., 6s
i Street Ry. Co., Boston, 6s..
Water Supply Co., 6s
ty Gas Lient Co., Iowa, 7s. . .
ny Steamboat Co., 68
STOCKS.
Bank.
\g National. Manchester .
its' National, Manchester,
[ead National. Nashua....
n NaUonal, Milford
National, Boston
an National, Boston
National, Boston
its' National, Boston
litan National, Boston. . . .
1 Bank of Commerce, Boston
ok of North America, Boston
: National, Boston
!Yational, Manchester... .
ok of Commonwealth,Boston
iter National
1 Leather National, Boston. .
Railroad.
Valley
iter A Lawrence
A Portsmouth
rasset Valley
Bs Albany
Central
. Burlingrton ft Qulncy
b Maine
& Montreal, class 1
rk. New Haven A Hartford,
►ny
Manupactubzno.
Bter Mills
$828,825,00
27,500.00
18,445.00
2,600.00
11,100.00
16,020.00
80,800.00
26,000.00
$055,690.00
$26,000.00
10,400.00
6,000.00
88,250.00
11,000.00
26,000.00
21.400.00
68,000.00
$194,060.00
$7,920.00
17,290.00
960.00
2,600.00
6,088.00
1,470.00
4,840.00
11,250.00
8,060.00
8.720.00
7,840.00
2,760.00
6.880.00
18,900.00
9,076.00
8,738.00
$106,891.00
$12,000.00
27,480.00
24.500.00
82,000.00
20.800.00
9,200.00
14.600.00
24,640 00
48.000.00
21,875.00
17,700.00
$252,295.00
$42,600.00
$811,000 00
25,000.00
16,600.00
10.000.00
11.100.00
18,000.00
80,000.00*
40,000.00
$960,600.00
$26,000.00
20.000.00
10,000.00
86,000.00
10,000.00
86,000.00
20,000.00
60,000.00
$206,000.00
$4,800.00
18,800.00
1,280.00
2,600.00
6.800.00
1.500.00
5,500.00
7,500.00
8.400.00
8,000.00
8.000.00
8.000.00
5,500.00
10,000.00
8,900.00
4,200.00
$87,180.00
$10,000.00
12,000.00
14,000.00
25,000.00
10.000.00
10,000.00
20,000.00
15,400.00
80,000.00
12,500.00
10,000.00
$168,900.00
$42,600.00
Value on
Books.
$748,362.60
25,000.00
15,600.00
1,000.00
11,100.00
16,000.00
80,000.00
6,500.00
$846,462.50
$26,000.00
18,000.00
1,000.00
86,000.00
10.000.00
36.000 00
20,000.00
60,000.00
$194,000.00
$4,800.00
12,813.26
600.00
2,600.00
6,247.00
1,426.00
4,950.00
7,600.00
2,550.00
8,000.00
8.000.00
2,100.00
6,600.00
10,000.00
8,800.00
8.780.00
$82,666.26
$10,000.00
12,000.00
14,000.00
25,000.00
10,000.00
8,000.00
14,000.00
18,900.00
80,000.00
12,500.00
10,000.00
$159,400.00
$42,600.00
llii
V^
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^^
120
BAm COMHUBIONZBS' BBPOBT.
MASON VILLAGE SAVINGS BANK.— GREENVILLE.
Stephen H. Bacon, President. Chas. E. Mabsh, Treasurer.
Trustees— TAorUm L. Barrett, Joel H. Elliott, William W. Steven-
son, Henry L. Kingsbury, Charles E. Hall, Marshall Kimball,
George W. Sargent, Charles £. Marsh, James O. Reed, Jr., Nel-
son L. Barrett, Henry I. Whitney, Frederick W. Ela.
Investment Committee — ^Morton L. Barrett, Herbert J. Taft, Joel
H. Elliott.
STATEMENT.
Liabilities.
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mort-
gages
Loans secured by local real estate.. .
Loans on personal security (local).. .
Loans on collateral security (local)..
County, city, town, and district
bonds
Bailroad bonds
Miscellaneous bonds
Bank stock
Bailroad stock
Miscellaneous stocks
Warrants
Beal estate by foreclosure
Oasb on deposit In national banks. .
Cash on hand
$16,451.08
28,126.14
2,271.00
748.60
88,840.00
8,660.00
80,820.00
8,400.00
660.00
7,620.00
2,616.88
2,860.00
887.22
176.82
$148,667.60
$16,461.08
28,126.14
2,271.00
748.60
87,000.00
8,000.00
88,060.00
8,400.00
4,000.00
7,200.00
2,616.88
2,860.00
887.22
176.82
$146,827.60
$16,461.08
28,126.14
2,271.00
740.60
87,020.76
8,000.00
88,080.00
8,400.00
400.00
7,200.00
2,616.88
2,860.00
887.22
178.82
$118,828 JB
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BANK GOMMI88IONBB8' REPORT.
121
ITEHENT OF DEPOSITS, EARNINGS, AND EXPENSES
(Since last BxaminationJ
From Aug. 8j 1895^ to June 24, 1896.
>f deposits at date of last examination $146,569.48
and rate of dividends declared, 4 per
)r annum
[>f deposits received ....
yi withdrawals
it of deposits at close of business June
L896
ome .
>aid out
rents, and incidentals
taxes .
0 guaranty fond
$65.75
474.31
1,107.70
44.39
82.02
634.34
2,756.31
16,598.22
$165,923.01
32,530.54
$133,392.47
$6,085.66
rmngs
, January, 1896
plus
nd interest, last examination
B and interest, present examination
2,409.41
$3,676.25
2,755.31
$920.94
$2,121.54
920.94
$3,042.48
ited 1870.
tion June 24, 1896, by Alpheus W. Baker.
r's bond, $30,000. Date of bond, April 21, 1892.
ompensation of treasurer, $400.
ness of trustees as principal, nothing; as surety, $161.
unount loaned to any individual, corporation, or company,
).
of loans secured by mortgage in this state at a rate not
ing Ave per cent, per annum, nothing.
ount loaned or invested in New Hampshire, $55,251.06.
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122
BANK COMMI88IONBB8' BEPOBT.
SCHBDULB OF BONDS AND STOCKS OP THB MASON VILLAOB
SAVINGS BANK
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
County.
Klttltaafl W&ah..68
$1,020.00
1,000.00
2,120.00
2,120.00
$1,000.00
1,000.00
2,000.00
2,000.00
$1,0004»
niA.lls.m w&ah ft«
l,000i)5
OAFflald Col.. 7a
Washington, Idaho, 78
2,000.00
City and Town.
Onlncv. 111.. 6s
$6,260.00
$6,000.00
$6,000.00
$2,000.00
1.000.00
6,260.00
1,100.00
2,120.00
2,100.00
2,000.00
2,040.00
2,100.00
$2,000.00
1,000.00
6,000.00
1.000.00
2,000.00
2,000.00
2 000.00
2,000.00
$1,870.00
Tljiivlfnfl Wvo 6s... .................
1,000.00
4,997.75
Rnohomlflh IV&sh 6s ....•.....■•.
1,000.00
IUa^lna.1 T^ilIca W«.flh 6s
2,000410
flhAlfcon IVAqh 6a
HhAfflciln Iowa 6s
2,000.00
BlmA Wash.. 68
narrllloa N M . 68
2,000i»
School District.
Arapahoe County, No. 21, Col., 6s. . . .
Whatcom County, No. 2, Wash., 78 . .
Oi-AAt Fa.11a tin 2 Mont 68
$19,710.00
$19,000.00
$18,867.76
$1,080.00
2,100.00
1,020.00
2,000.00
1,080.00
2,040.00
8,160.00
$1,000.00
2,000.00
1,000.00
2,000.00
1,000.00
2,000 jOO
8,000.00
$1,000.00
2I0OO.OO
1,000.00
TooelA No 1 Utah. 68
2,000.00
Garfield County, No. 10, Col., 78
Pineville Ky os
1,000.00
2,000.00
Sonoma bountyi Cal., Court House
flohool District. 6s
8,188U»
Bailboad.
Northern Pacific. 68
$12,870.00
$12,000.00
$18,168.00
$1,160.00
2,860.00
4,640.00
$1,000.00
8,000.00
4,000.00
$1,000.00
TTnl fvm Pscifln fis
8,000.00
New York A New England, 6s
4,000X0
$8,660.00
$8,000.00
$8,000.00
$8,000.00
6,000.00
6,800.00
2.000.00
8,000.00
2,000.00
8,000.00
8,000.00
2,000.00
8,760.00
•8,000.00
Equitable Securities Co., deb., 4s. . . .
New Hampshire Trust Co., deb., 48
Western Farm Mortgage Trust Co.,
deb , 7s
6>».00
6,280.00
2,000.00
DeuTer Consolidated Electric Co., 68
Nashua Street Bail way Co., 68
West End Street Bailway, Bockf ord,
111 0s
8,000.00
8,000.00
8,000.00
Metropolitan Bailwav Co., Denver, tts
Grand Forks Gas & Electric Co.,
jj D gg
8,000.00
2.000.00
Portland Bailway Co., Oregon, 6s. . . .
8.760.00
STOCKS.
Bank.
Second National, Nashua
$80,820.00
$83,060.00
$88,080.00
$8,400.00
$8,400.00
$8 400.00
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BANK COMMISSIONEBS' BEPOBT.
123
»ULB OF BONDS AND STOCKS OF THR MASON VILLAGE
SAVINGS BAIXK.— Continued.
STOCKS.
Estimated
Market Value.
Par Value.
Value on
Books.
Bailboad.
Topeka & Santa F«
$500.00
$4,000.00
$400.0»
MlBCKLLANBOUB.
setts Beal Estate Co., Bos-
$500.00
5,120.00
2,000.00
$2,000.00
8,200.00
2,000.00
$2,000.00
8,200.00
2,000.00
pshlre Fire Insurance Co. .
re Insurance Co., Concord
$7,020.00
$7,200.00
$7,200.00
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124
BANK G0MMIS8I0NEBS' REPORT.
MECHANICS' SAVINGS BANK.— MANCHESTER.
Henry E. Burnham, President. Jobiah Carpenter, Treasurer.
Trustees-r-Heiaj E. Burnham, N. S. Bean, Frank P. Carpenter,
Henry W. Parker, A. F. Knight, Josiah Carpenter.
Investment Committee — Board of Trustees.
STATEMENT.
Liabilities.
Amount due depositoni
Qoaranty f and
Interest
Premiom
$466,278^
22,700U»
14,001.68
2,891.00
$484,864.88
$466,272J6
22,700.00
14,001.68
$481,978.98
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured b j western mortgages
Loans secured by local real estate
Loans on personal seouritv (local)
Loans on personal securitj (west-
ern)
Loans on collateral security (local)
Loans on collateral security (west-
em)
United States bonds
City and town bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Manufacturing stock
Certificates or deposit
Real estate by foreclosure
Cash on deposit in national banks
$88,200.00
161,482.60
91,268.48
6,000.00
6M
6,000.00
12,466.00
27,480.00
20,860.00
6,100.00
88.600.00
20,640.00
6,000.00
1,700.00
0,722.40
$494,864.88
$88,200.00
161,482.60
91,262.48
6,000.00
61,482.64
6,000.00
11,060.00
29,000.00
28,000.00
6.100.00
29,000.00
16,400.00
6,000.00
1.700.00
9,722.40
$492,889.88
$88,200.00
161,482.60
91,258.48
6,000.00
61,482.64
6,000.00
12,700.00
28,700.00
28,600.00
6,100.00
29,000.00
18.184.00
6,000.00
1,700.00
9,722.40
$491,978.98
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BANK COMMI88IONEB8 BEPOBT.
125
iTEMENT OF DePCNSITS, EaBNIKGS, AND EXPENSES
(Since la»i Bxaminaiian)
From February 19, 1895, to Jarmary 7, 1896.
>f deposits at date of last examination . S418,173.90
md rate of dividends declared, 3^ per cent. 14,004.80
)f deposits received 144,545.88
>f withdrawals
$576,724.68
121,452.23
>f deposits at close of business Jan. 7, 1896 $455,272.35
$24,055.36
ome •
»aid out
rents, and incidentals
taxes
3 charged off
arged off .
) guaranty fund
$893.08
1,401.91
3,040.97
166.46
51.03
1,078.41
2,000.00
700.00
9,331.86
mings $14,723.50
October, 1895 14,004.80
)lus
od interest, last examination
and interest, present examination
$718.70
$13,282.88
718.70
$14,001.58
ted 1877.
ion January 7, 1896, by Alpheus W. Baker.
's bond, $55,000. Date of bonds, Jan. 19, 1882, and
), 1894.
mer W. Nutting.
>mpensation of treasurer, $1,000.
>mpensation of clerk, $750.
Less of trustees as principal, $16,950 ; as surety, $1,000.
mount loaned to any individual, corporation, or company,
f loans secured by mortgage in this state at a rate not ex-
' five per cent, per annum, $9,800.
>nnt loaned or invested in New Hampshire, $259,103.83.
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126
BANK COMMI88IONEBS BBPOBT.
SOHBDULB OF BONDS AND STOCKS OF THE MECHANICS* SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
Unitbd Statks.
$1,156.00
11.300.00
$1,050.00
10,000.00
$1,050.00
IJnited States. 6h
11,650.00
$12,455.00
$11,060.00
$12,700.00
City and Town.
Grand Forks. N. Dak.. 6fl
$8,820.00
7,500.00
8,860.00
8.000.00
5,250.00
$8,000.00
10,000.00
8,000.00
8,000.00
5,000.00
$8,000.00
9,700.00
Pierre, S. Dak., 6s
NewDort. Kv.. 7 8* 10s
8,000UM
Santa Barbara Cal 5a
8,000.00
5,000.00
Berlin 4iAa
$27,480.00
$29,000.00
$28,700.00
Bailboad.
Chioago, Milwaukee & St. Paul, H. ft
D Div 7s
$6,100.00
4,000.00
1,760.00
8,860.00
5,150.00
$5,000.00
10,000.00
5,000.00
8,000.00
5,000.00
$5,000.00
7,500.00
8,000.00
8,000.00
5,000.00
Northern Pacific St Montana, 68
Atlantic ft Pacific, 4n,-.
Kansas City, Fort Scott ft Gulf, 78.. . .
Chicago, BurllnjTton ft Qnlncy, 58.. . .
$20,860.00
$28,000.00
$28,500.00
MiSCBLLANBOUS.
Western Electrical Construction Co.,
So. Denver, Col., 68
$5,000.00
100.00
$5,000.00
100.00
$6,000.00
100.00
Manchester Electric Light Co., 68. . . .
$5,100.00
$5,100.00
$5,100.00
STOCKS.
Banb.
Second National. Manchester
$27,840 00
5,760.00
$24,000.00
5,00O.QN)
$24,000.00
5,000.00
Plttsfleld National, Plttsfleld
$88,500.00
$29,000.00
$29,000.00
Manupactubinq.
Amoskeae Mfg. Co
Amorv Mfur. Co ■,
$6,960.00
7,880.00
975.00
4,875.00
$4,000.00
5,400.00
1,000.00
5.000.00
$6,784.00
5,400.00
Boston Mig. Co
1,000.00
5,000.00
Stark MlUsT.
$20,640.00
$15,400.00
$18,184.00
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BAKK COMMI8SIONEB8 REPORT.
127
DITH VILLAGE SAVINGS BANK.— MEREDITH.
G. HoYT, President. DAmEL E. Eaton, Treasurer.
— Greorge G. Hoyt, Ebenezer Stevens, Samael W. Rollins,
T. Beede, Justus Erskins, Edwin Cox, Daniel E. Eaton, Fred
»wle, Greorge H. Clark, Joseph S. Graves.
mt Committee — Greorge G. Hoyt, Samael W. Rollins, John
ide.
STATEMENT.
Liabilities.
le depoBitors
rand
$440,817.04
24,000.00
16,683.18
$480,980.17
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
ired by western morigtkg*i
ired by local real estate. . .
personal seoaritv (local) .
iollateral security Nocal)
collateral security (west-
ity, town, and district
»oas bonds
ous stocks
i by foreclosure
tposlt in national banks. .
ind
$812,088.02
11,205.00
11,624.72
2,086.50
19,000.00
64,810.00
10,000.00
7,885.00
40,875.00
8,795.11
1,870.82
$484,540.17
$812,088.02
11,205.00
11,524.72
2,086.50
19,000.00
62.500.00
10,000.00
7,560.00
40,87500
8,795.11
1,870.82
$482,445.17
$812,088.02
11,205.00
11,524.72
2,086.50
19,000.00
61,850.00
9,900.00
7,885.00
40,875.00
8,795.11
1,870.82
$480,980.17
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128
BANK COMMISSIONERS' REPORT.
Statement of Deposits, Earnings and Expenses
(Since la$t Examination J
From June 17, 1896, to June 22, 1896.
Amount of deposits at date of last examination
Amount and rate of dividends declared, 3 per cent.
Amount of deposits received
Amount of withdrawab
$500,850.68
14,325.72
72,560.85
S587,737.25
147,420.21
Amount of deposits at close of business June 22,
1896 $440,317.04
Gross income — Interest, $24,594.74 ; rents, $1,117.-
82 ; refunded items, $1,361.75 . . . .
Transferred from guaranty fund . . . .
Salaries, rents, and incidentals
State tax ....
Western taxes
Foreclosure expenses
Losses charged off
$1,532.75
3,453.68
1,777.85
2,418.88
12,850.79
Net earnings
From surplus
Dividends July, 1895, and January, 1896 .
Surplus and interest, last examination .
From surplus
Surplus and interest, present examination
$27,074.31
3,500.00
$30,574.31
22,033.96
$8,540.36
5,785.36
$14,325.72
$22,448.49
5,785.36
$16,663.13
Incorporated 1869.
Examination June 23, 1896, by Thomas J. Walker.
Treasurer's bond, $50,000. Date of bond, July 14, 1890.
Annual compensation of treasurer, $1,200.
Indebtedness of trustee as principal, $1,000 ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company^
$J.«7,UUU.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, $11,005.
Total amount loaned or invested in New Hampshire, $24,766.22.
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BANK COMMI88IONBBS BEPOBT.
129
^ULE OF BONDS AND STOCKS OF THE MEREDITH VILLAGE
SAVINGS BANK.
BONDS.
Estimated
Market Value.!
Pap Value.
Value on
Books.
County.
^aii.,88
$4,000.00
6,100.00
$4,000.00
6.000.00
$4,000.00
6,000.00
Wash., 68
City and Town.
$9,100.00
$9,000.00
$9,000.00
alls Minn . ?■
$2,800.00
10,400.00
9,010.00
10,000.00
$2,000.00
10,000.00
8UW0.00
10,000.00
4,000.00
Va8h.,68..:..
Lake, Wash., 68
Y. C, 6s
Col., 68
4,130.00
School District.
$86,880.00
$84,600.00
$88,860.00
.No. 1. Utah. 6m
$6,160.00
7,660.00
4,080.00
8,000.00
$6,000.00
7,000.00
4,000.00
8,000.00
$6,000.00
7,000.00
4,000.00
8,000.00
onntv. No. 7. Col. 7s. ••••••..
ge Cotmtv, No. 10, Mont., 6s
County, No. 1, Col., 7b
MiSCBLLANBOUS.
$19,880.00
$19,000.00
$19,000.00
Land A Investment Co.,
,68
$10,000.00
$10,000.00
$9,900.00
STOCKS.
MiSCBLLANBOUS.
ipshire Beal Estate Co
$7,886.00
$7,660.00
$7,886.00
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190
BANK OOMMttBlOHJUW' SEPOBT.
MERRIMACK COUNTY SAVINGS BANK.— CONCORD.
Ltman D. Stbvsns, President. John KiMBAiiL, Treasurer.
Trustees — Lyman D. Stevens, John Kimball, John M. Hill, Wil-
Uam M. Chase, Woodbridge Odlin, Greorge A. Cammings, James
L. Mason, Daniel Holden, Isaac A. Hill, Leland A. Smith, Ben-
jamin A. Kimball, Henry W. Stevens, Frank P. Andrews, David
D. Taylor, John C. Pearson.
Invegtrnent Committee — John Kimball, Lyman D. Stevens, Leland
A. Smith, Frank P. Andrews.
STATEMENT.
Liabilities,
Amount doe depositors $1,4M,866.62 ,
Gaarftnty fond , 76,000.00 ,
Interest 48,874.79 I
Premium 81,486.00 •;
$1,804,6654)1
$1,464366JB
76,000.00
48,374.79
$l,67S.»Mn
Assets,
Estimated
Market Value,
Par Value.
Value on
Booka.
Loans secured by western mort-i
gages
Loans secured by local real estate.. .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral secunty (local)..
Loans on collateral security (west-
ern) •
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock •
Railroad stock
Manufacturing stock
Miscellaneous stocks
Real estate by foreclosure
Bank fixtures
Gash on deposit in national banks.
Cash on hand
$282,511.15
$268,611.16
$262^11.16
888,848.62
838,848.62
88834932
47,806.00
47,806.00
47,806-00
6,000.00
6,000.00
6.000.00
86,876.00
96,876.00
96,876.00
11,000.00
11,000.00
11,000.00
184,720.64
186,250.64
182,900.64
160,710.00
149,600.00
146,720.00
167,725.00
176.650.00
167,960.00
84,785.00
17.600.00
27,856i»
88,640.00
86,000.00
87,90DJ»
8,840.00
2,000.00
4,00Oj00
76,776.00
76,676.00
7S376.00
87,660.00
87,650.00
87,680.00
2,000.00
2,000.00
2,00Oj06
87,645.98
87,615.96
87,646.96
1,088.07
1,088.07
l,OSS4)7
$1,604,666 JU
$1,570,8464)1
$1,678,28031
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BANK COMMI88IONBB8' BEPOBT.
131
.TEMKST OF DbPOSITS, EaBNINQS, AND EXPENSSS
{Since la$t BxaminationJ
From April 11, 1895, to April 21, 1896.
$1,481,307.00
)f deposits at date of last examination
ind rate of dividends declared, ^ per cent.
>f deposits received
>f withdrawals
46,476.53
262,899.72
$1,789,683.26
334,827.73
t of deposits at close of business, April 21,
ome .
Mud out .
rents, and incidentals
:es .
taxes
ire expenses
B charged off
arged off
$1,731.26
6,069.76
9,418.13
111.19
1,901.02
1,246.40
789.03
12,700.40
$1,464,866.62
$83,304.69
mings
B October, 1896
plus ....
nd interest, last examination
9 and interest, present examination
33,966.17
$49,348.42
46,476.53
$3,871.89
$39,602.90
3,871.89
$43,374.79
ited 1867.
don April 21, 1896, by Alpheus W. Baker and John Hatch.
p's bond, $200,000. Date of bond, Aug. 10, 1895.
•ank P. Andrews.
ompensation of treasurer, $3,200.
Dmpensation of clerk paid by treasurer.
Hess of trustees as principal, $41,210 ; as surety, $11,900.
amount loaned to any individual, corporation, or company,
0.
[>f loans secured by mortgage in this state at a rate not
ing five per cent, per annum, $164,340.
ount loaned or invested in New Hampshire, $664,939.69.
t'H
W ".
W'-
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132
BAKK COHMI88IONEBS REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE MERRIMACK COUNTY
SAVINGS BANK.
nnvna Estimated
^"^ '^^- Market Value.
Par Value.
Value on
Books.
COUMTT.
Rlo Orande Col 7fl
$6,260.00
6,000.00
6,250.00
5,600.00
6,500.00
$6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
$26,000.00
$6,0004»
6,000.00
6,000.00
6,400 J»
Chehalia. Wash.. 8a
Klttitass, Waah., 68
Miami, Ohio. 6a ••••
Hennepin A Minneapolis, Minn., 4|8.
City and Town.
$26,600.00
$26,400.00
East St. Lonis. 111.. 6s
$9,480.00
6,400.00
1,000.00
11,200.00
10,400.00
4,160.00
14,000.00
2,800.00
600.00
6,000.00
6,400.00
6,460.00
5,000.00
6,100.00
8,750.64
6,260.00
10,600.00
6,860.00
6,800.00
6,100.00
6,200.00
8.150.00
6,000.00
6;400'.00
6.200.00
6,'000.00
1,000.00
10,000.00
10,000.00
4,000.00
14.000.00
2,000.00
600.00
6,000.00
6,000.00
6,000.00
6,000,00
8,750!64
6,000.00
10,OOOU)0
6.000.00
6,000.00
6,000.00
6.000.00
8.000.00
6,000.00
6,000.00
6,'ooo!oo
6,0004»
1.000.00
10,0000)0
10.000.00
4,O0Oj00
14,000.00
2,000.00
600.00
6,000.00
6,O0Oj00
4,875j00
4,985.00
8,750.64
OlnGlnnstl Oliio. 78
Rook Island. 111..' 6s
flonth DanTAir Col 6s
Li08 Anireles Cal.. 6s
TTAmtAS Pitv Mo 8s.
Marshalltown, Iowa, 88
MinnAnnnllfl Minn 7a
BrookvIUe. Kan., lOs
Lakeland. Minn., 78
Wftlla Walla Wash.. 6s
OfPflAn T7tA.h Ar
flnnerior. Wis. 68
nnfnPArln flni*tnfpn Col fts.......
6,000.00
9,800 J»
6,000.00
6.000.00
6,000.00
Salt Lake City, Utah, 68
Bllanshnrirh vv ssh.. 68
Provo City, Utah, 68
WAOdlfl-nd Cal Ss
RA<1lAnd Cal 6s..... '.
6,000.00
4)960.00
6,000.00
6,000.00
6,000410
Xmt.nr4ll. OPAflTOn As.
Bonlder Col. 68
Salt Lake City, UUh, School, 6s
Chicago, 111., Sanitary District, 68....
rkawtATi IXTAHh As
SoRooii District.
$161,820.64
$144,250.64
$140,800.64
Arapahoe Connty, No. 2, Col., 68
Arapahoe County, No. 6, Col., 68
Arapahoe County, No. 17, Col^ 68 . . .
Kansas City, Kan., Board of Educa-
tion 68 •
$6,100.00
1,000.00
6,160.00
6,150.00
$6,000.00
1,000.00
1,OOOJ»
6,000410
6,000410
Ra.IIjROA.D.
$16,400.00
$16,000.00
$16,000.00
Concord & Montreal, 48
Atchison, Topeka A Santa F4, 4s
If oniKA.n VaoinG As ...*......■
$29,120.00
20,800.00
750.00
6,660.00
18,800.00
16.760.00
6.400.00
6,150.00
2,000.00
14.280.00
9,270.00
10.150.00
8,400.00
7.140.00
1,000.00
6,060.00
$28,000.00
26,000.00
1,000.00
7,000.00
12,000.00
16,000.00
elSooioo
i2iooo!oo
9.000.00
10,000.00
6.000.00
6,000.00
1,600.00
6.000.00
$28,000.00
24,180.00
996.00
7,0004)0
12,0004)0
14,9464)0
6,000.00
5,000.00
13,0004)0
10,0004)0
4,800.00
6,0004)0
1,000.00
6,000.00
Ottawa. Oswego A Pox River Val.,88
ni>nnawlnlr Jb nhtllfPOtllA As ..........
Chicago. Milwaukee & St. Paul, 78. . .
Jackson, Lansing A Saginaw, 68
Cincinnati, Lebanon & Northern, 68.
Chicago, Milwaukee A St. Paul, 6s. . .
Q Ann m1/»An VaIIaV Ah ..........*•....
Chicago. Burlington & Quincy, 68 . . .
Oregon Short Line A Utah Norh'n, 6s
Chicago, Burlington & Quincy, 78 ...
Cincinnati, Lebanon A Northern, 28.
$150,710.00
$149,500.00
$146,720.00
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BANK GOMMISSIONISRS' BBPOBT.
133
schbduijB op bonds and stocks of thb mebbihack oountt
SAVINGS BANK.-OmMnii«d.
BONDS.
Estimated
MarketValne.
Par Value.
Value on
Books.
MlSCBLZJlNBOUS.
Oimnd Forks Gas A Electric Co., No.
Dsk.,6s
6,ooo!oo
4,760.00
10,000.00
6,000.00
6,000.00
10,000.00
6,000.00
6,250.00
10,600.00
8,400.00
6,000.00
6,000.00
10,800.00
8,776.00
2,600.00
9,000.00
7,200.00
20,000.00
6,060.00
5,000.00
10,000.00
6,000.00
6,000.00
6|ooo!oo
6,000.00
10,000.00
6,000.00
7,600.00
10,000.00
6,000.00
7,000.00
10,000.00
8,400.00
6,000.00
6,000.00
10,000.00
9,760.00
6,000.00
10,000.00
9,000.00
20,000.00
6,000.00
6,000.00
10,000.00
6,000.00
$4,960.00
5,000.00
loloooioo
6,000.00
6,600.00
9,426.00
6,000.00
6,000.00
10,000.00
8,800.00
6,000.00
4,900.00
9,760.00
9,760.00
2,600.00
9,960.00
7,000.00
20,000.00
6,000.00
5,000.00
10,000.00
Wlnlleid Oss Co.. fls
Minneapolis Gas Ught Co., 6s
Denver Consolidated Electric Co., 6s
Streator Aqueduct Co., 111., 6s
Denver Union Water Co., 68
Wakefield Water Co., Mass., 68
Ann Art>or Water Co., Mich., 68
New York Snrbnrban Water Co., 6s. .
Kenia Water Co.. Ohio. 6s
NaUonal Water Works Co., N. T., 6s.
Ftort Plains Water Co., N. Y., 6s
Parsons* Water Supply & Power Co.,
Kan., 6s. « - . . . ^ T . T .. r T . t ..... .
Danvflle Water Co., 111., 6s
Crlppen, Lawrence A Co., deb., 4s . . .
Davidson Investment Co., deb., 7s. . .
Central Loan A Land Co., deb., 6s. . . .
New Hampshire Tmst Co., deb.. Is..
Iowa Loan & Tmst Co., deb., 6As
Metropolitan Ry . Co., Denver, Os . . . .
EvansvUle Street By., Ind., 6s
Globe Safety Deposit Co., Chicago,
111., 68.
Bast Hartford Water Co., Conn., 5s. .
Tmst Company of America, 6s
4,960.00
4,976.00
STOCKS
$167,726.00
$178,660.00
$167,960.00
Bakk.
Mechanioks National, Concord
First National, Concord
National State Capital, Concord
Second NaUonal, Nashna
New Hampshire Nat'l, Portsmouth . .
$18,770.00
11376.00
7,060.00
2,200.00
890.00
8;600!00
8,000.00
2,200.00
800.00
$18,706.00
6 660.00
4.800.00
2,400.00
400.00
$84,786.00
$17,600.00
$27,866.00
Concord St Montreal, class 1
$16,600.00
8,640.00
20,160.00
86,460.00
16,900.00
$10,000.00
7,000.00
18,000.00
46,000.00
10,000.00
$10,000.00
4,780.00
nort Wavne A Jackson
Cl&icaaro A Alton, common
14,000.00
Chicago, Burlington A Quincy
Ooncord A Montreal, class 4. ...... r . r
44.780.00
18,750.00
$08,640.00
$86,000.00
$87,260.00
Amoskeag M*rg Co., Manchester. . . .
$3,940.00
$2,000.00
$4,000.00
MiSGBLLAKBOUS.
Onini^v raf lTV>Ad brlii iro
$22,760.00
21,000.00
6,260.00
$18,000.00
17,600.00
6,000.00
$17,000.00
Board of Trade Bnilaing, Concord..
Iowa Loan A Tmst Co. .......... r ... r -
17,500.00
S.0Q0.00
IfftiBAAtlnA If rki^. A TmRt Cin
8,000.00 • i.iyn.oo
Tmst Co. of America, Topeka, Kan. .
Beecher Falls COk common ..........
1,400.00
22,000.00
1,600.00
2,800.00
88,000.00
1,600.00
875.00
2,600.00
88,000.00
RAAcher Falls Co.. oref
1,600.00
New Hampshire Beal Estate Co
876.00
876.00
$76,776.00
$76,676.00
$78,875.00
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134
BANK GOMBilSSIONEBS' REPORT.
MERRIMACK RIVER SAVINGS BANK.— MANCHESTER.
Frederick Smyth, President. Frederick Sbitth, Treasurer,
Trustees — David Cross, Francis B. Eaton, Charles H. Bartlett,
William F. Head, Freeman Higgins, Greorge W. Dodge, James
F. Baldwin, James F. Brown, Josiah 6. Dearborn, Arthur H.
Hale, John C. Ray, Abraham F. Emerson, Leonard 6. Smith.
Investment Commt^e^— Frederick Smyth, Charles H. Bartlett,
James F. Brown, George W. Dodge, ArUmr H. Hale.
STATEMENT.
Liabilities.
Assets,
Estimated
Market Value.
I
Par Value.
Value on
Books.
Loans secured by western mortgages
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
em)
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing stock
Warrants
Real estate by foreclosure
Cash on deposit in national banks. . .
$667,480.48
82.408.41
2,400.00
76,055.00
28,000.00
175,749.68 |
178,040.00 I
465,600.00 I
61,000.00 j
180,188.00
468,868.00 I
6,114.00 i
14,476.70
119,668.64
19,838.97
$667,480.48
82,408.41
2,400.00
76,055.00
28.000.00
175,749.58
171,000.00
727,000.00
68.000.00
110,800.00
286,800.00
8,600.00
14,476.70
119,568.64
19,888.97
$2,884,812.78 $2,466,617.78
$687,480.48
82,408.41
2,400.00
76,065.00
28,000.00
175,749.58
169,920.00
681,525.00
61,800.00
110,607.60
262,812.87
2,966.00
14,476.70
119,668.64
19,888.97
$2,288,588.15
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BAKK COHMIBBIOIiXBS' BEPOBT.
135
Statbmsmt of DspofiiTs, Eabkikgs, and Expensbs
fSinee latt BxaminaHon)
From February 5, 1896y to January 6, 1896.
Amount of deposits at date of last examination
Amount and rate of dividends declared, 3^ per cent.
Amonnt of deposits received
Amount of withdrawab
$2,473,007.%
72,770.24
265,989.60
$2,811,767.80
694,121.68
Amount of deposits at close of business
January 6, 1896 .
Gross income
Interest paid out .
Salaries, rents, and incidentals
State tax
Local taxes .
Western taxes
Foredoeure expenses
Losses charged oE
Seduction of book values
Carried to guaranty fund .
$3,933.96
5,056.15
16,026.73
110.75
8,093.55
14,132.19
3,050.00
47,000.00
10,000.00
$2,117,646.12
$175,411.74
Net earnings
From surplus
Dividend October, 1895
Surplus and interest, last examination
From surplus ....
Surplus and interest, present examination
107,403.33
$68,008.41
4,761.83
$72,770.24
$65,653.86
4,761.83
$60,892.03
Incorporated 1858.
Examination Jan. 6, 1896, by John Hatch and Thomas J. Walker.
Treasurer's bond, $200,000. Date of bond, April 5, 1895.
Clerks, A. F. Emerson, James Dinwoodie.
Annual compensation of treasurer, $6,000.
Annual compensation of clerks, paid by treasurer.
Indebtedness of trustees as principal, nothing ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company,
$57,000.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $525,673.65.
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136
BANK GOMMI88IONEB8 REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE MBBBIliACK BIVBR
SAVINGS BANK.
BONDS.
Estiiiiated
Market Value.
Par Value.
Value on
Books.
County.
BernalUlo, N. M.,6fl
Montrose, Col., 60
Safiraache, Col., 78
Weston, Wyo., 68
Mason and Tazewell, 7s.
City and Town.
Minneapolis, Minn., 78 .
Canon City, Col., 78 —
Petersbarsr, Va., Ss
Superior, wis., 6a
School District.
Moscow, Latah Coonty, No. 5, Idaho, i
Independent, 68
Railroad.
Utah Southern, 78
Kansas Pacific, 68
Atchison. Topeka Sb Santa F4, 4s 1
Atchison, Topeka A Santa F^, •
income, 4s
Boston, Concord A Montreal, 68
Chicagro, Milwaukee A St. Paul, H.
AD.dlv., 78
Chicago, Milwaukee St St. Paul, 8.
W.dlv.,68
Chicago, Milwaukee St St. Paul, Wis.,
diy..68
James River Valley, 6s
Toledo, Ann Arbor St North Mich-
igan. 69 '
Central Washington, 68
Northern Pacific A Montana, 6s. . . .
Concord & Montreal, 4s
MiSCBLLANBOUS.
Topeka Water Supply Co., Kan., 6s. .
Crippen, Lawrence A Co., deb.. 68. . .
Sunny Side, Conn., 68
Denver Consolidated Electric Co.,
Col., 68
STOCKS.
Bank.
First National, Manchester
Merchants* National, Manchester. . .
Amoskeag National, Manchester . . .
National Bank of Commonwealth,
Boston
Laconia National, Laconia
Peoples* National, Laconia
$6,000.00
5,000.00
1,000.00
8,000.00
10,200.00
$29,200.00
$7,440.00
18,000.00
106,000.00
10,000.00
$140,440.00
$8,400.00
$12,800.00
7,000.00
66,000.00
10,600.00
30,000.00
42,600.00
60,740.00
50,400.00
4,000.00
18,750.00
112,600.00
7,600.00
58,000.00
$466,690.00
$9,000.00
24,000.00
26,000.00
8,000.00
$61,000.00
$108,896.00
10,080.00
7.288.00
6,072.00
2,400.00
l.t)00.00
$6,000.00
6,000.00
1,000.00
8,000.00
10,000.00
$6,000.00
4,900.00
1,000.00
7.920.00
10,OOOUN)
$29,000.00
$6,000.00
18,000.00
100.000.00
10,000.00
$184,000.00
$28320.00
$6,400.00
llfiMM
100,000.00
9,900.00
$188,180.00
$8,000.00
$20,000.00
10,000.00
80,000.00
60,000.00
26,000.00
84,000.00
48,000.00
46,000.00
20.000.00
26.000.00
800,000.00
26,000.00
60,000.00
$7i
$727,000.00
$10,000.00
80,000.00
26,000.00
3,000.00
$16,000.00
8,000.00
75,000.00
25,000.00
34,000.00
48,000.00
45,000.00
6,000.00
22,000.00
250.000.00
9,525.00
60,000.00
$681,526.00
$68,000.00
$90,700.00
8,000.00
4,700.00
4,400.00
2,000.00
1.000.00
$9300.00
24,000.00
26,000.00
8,000.00
$61,800.00
$90,700.00
7,807.60
4.700.00
4.400.00
2,000.00
1,000.00
•180,188.00
$110300.00 ' $110,607.60
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BANK GOMMI88IONER8 BVPOBT.
137
S OF BONDS AND STOCKS OF THE MEBBIMACK BIVBB
SAVINGS BAVK.— Continued.
STOCKS.
Estimated
Market Valae.
Par Value.
Value on
Books.
Bailboad.
Port<*niooth -.t--t
$17,600.00
27,660.00
8,800.00
8,960.00
40,640.00
387,642.00
20,748.00
7,668.00
$10,000.00
21,200.00
2,100.00
6,600.00
26,400.00
18!800;00
8,800.00
$10,000.00
21,200.00
2,100.00
6,600.00
26,400.00
176,807.74
18,800.00
B^t Valley
Montreal, class 1, pref . . .
" 2
•• «• 8
" 4
Mass., pref.
7,906.18
[aititfacturing.
$468,868.00
$286,800.00
$262,812.87
tnufactarlng Co., Man-
$864.00
6,260.00
$600.00
8,000.00
$400.00
If annfactnring Co., Man-
2,666.00
$6,114.00
$8,600.00
$2,966.00
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138
BANK commissioners' BKPOBT.
♦MILFORD SAVINGS BANK.— MILFORD.
Wm. H. W. Hinds, President. Wm. M. Knowlton, Treasurer.
Trustees — John E. Bruce, William M. Knowlton, Wm. H. W.
Hinds, John McLftne, Carl E. Knight, James E. Webster, Frank
Hartshorn, Frank W. Richardson, Oliver H. Foster, William F.
French, Henry H. Barber, Handel A. Smith.
Investment Committee — ^Wm. H. W. Hinds, Carl E. Knight,
Frank W. Riehaidson, John McLane, William M. Knowlton.
STATEMENT.
Liabilities.
Atnonnt iliiA denositors. ••..■
$800,215.20
21,000.00
28,177 46
$800,216.20
21,000J»
28,177.46
^nii.pji.iitv tnne\
Interest
TmnAlrmAnt
$844,802.66
17,485.00
$826,957.66
$844,802.66
Assets.
EstiniAted
Market Valae.
Par Value.
Valae on
Books.
Loans secured by western mortga^s
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on collateral security (local) .
United states bonds
County, city, town, and district
bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Real estate by foreclosure
Real estate purchased
Certificates of deposit
Gash on deposit in national banks. . .
Cash on hand
$278,601.16
45,848.00
5,000.00
600.00
11,700.00
99,640.00
181,925.00
26,200.00
9,960.00
210,818.28
8,000.00
8,600.00
260.76
$278,501.16
45,849.00
5,000.00
600.00
10,000.00
108,000.00
147,000.00
27,700.00
15,400.00
210.818.28
8,000.00
8,600.00
528.46
260.76
$826,957.66
$860,642.66
$278,601.16
45.848.00
5,000.00
600.00
10,000.00
108.000.00
140,760.00
27,700.00
15,400.00
210,818.38
8,000X0
8,600.00
523.46
260.76
$844,892.66
^Enjoined by supreme court ft*om receiTing and paying deposits.
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BANK GOHMimOSCBBfl' REPOBT. 139
'ATBMENT OF DEPOSITS, EaBNUIB^ AND EXPENSES
( Since la$t Bxatnination)
From November 19, 1895, to October 6, 1896.
of deposits at date of last examination . $878,841.10
of transfers received 18,051.48
$896,892.58
of payments by order of court, 10 per cent,
osits and transfers 96,677.38
at of deposits at close of business October 6,
5 $800,215.20
;ome $47,619.04
paid out $175.73
rents, and incidentals 2,763.15
4,471.57
taxes 10,118.38
ire expenses and repairs . 12,954.29
IS and assessments charged off 3,924.06
larged off 3,000.00
37,407.18
jmings $10,211.86
kud interest, last examination $12,965.60
10,211.86
s and interest, present examination . $23,177.46
lited 1859.
tion October 6, 1896, by Alpheus W. Baker.
r's bond, $32,500. Date of bond, August 22, 1896.
>8. A. R. Worcester.
lompensation of treasurer, $1,200.
iompensation of clerk, $1.25 per day.
ness of trustees as principal, nothing ; as surety, nothing.
amount loaned to any individual, corporation, or company,
I.
of loans secured by mortgage in this state at a rate not ex-
^ five per cent, per annum, nothing.
ount loaned or invested in New Hampshire, $45,849.00.
41
It
Mi
ii^
n
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140
BANK C0MMI88I0NEB8' BEPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE MILFOBD SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
Unitbd Statks.
United States, 4s
County.
San Migruel, N. M., 6s
San Miguel, N. M., Ss
Socorro, N. M., 6s
Sierra, N. M., 6s
Kingman, Kan., 6s
Bernalillo, N. M., 7s
Grant, N.M.,e8
Garfield, Col., 7s
Ouray, Col., 8s
ChaTes, N. M., 68
City and Town.
Cherry vale, Kan., 7s
Arkansas City, Kan., 6s —
Wellington, Kan., 68
Watertown, S. Dak., 6s
Le Boy, Kan., 6s
Spring Creek, Kan., 6s
Deadwood, S. Dak., 68
Newton, Kan., 68
School District.
Bent County, No. 11, Col., 88. . .
Butler County, No. 71, Neb., 6s.
Las Animas, No. 1, Col., 6s
MiSCBLLANBOVS.
Burlington Electric Lighting Co.,
Iowa, 6s
Topeka Water Supply Co., 6s
New Hampshire Trast Co., deb., 6s . .
St. Cloud Gas & Electric Co., 78
Davidson Investment Co., deb., 7s. . .
Winfleld Mortgage St Trust Co.,
deb., 68
Newark & Granville Electric Street
Bailway, Ohio, 6s
Dallas Bapid Transit Railway Co., 6s
Nashua Card A Glazed Paper Co., 6s
Owensborough Water Co., Ky., 68 . . .
Kearney Canal & Water Supply Co.,
Neb., 68
Denver Union Water Co., 58
Fairfield Gas & Electric Co., Iowa, 6s
Grand Forks Gas & Electric Co.,
Dak., 6s
Bessemer Ditch Co., Col., 7s
Fairmount Cemetery Association,
Denver.6s ■
Fort Madison Water COm Iowa, 68 —
Des Moines Water Co., Iowa, 68
Amount carried forward
$11,700.00
$4,500.00
5,000.00
19,000.00
8,060.00
6,200.00
6,000.00
2.500.00
4,240.00
6.000.00
6,000.00
$10,000.00
$5,000.00
5,000.00
19,000.00
8,000.00
5,000.00
6,000.00
6,000.00
4,000.00
5,000.00
5,000.00
$68,600.00
$8,240.00
8,150.00
8,750.00
5,000.00
7,700X0
800.00
6,000.00 I
1,500.00
$61,000.00
$8,000.00
8,000.00
5,000.00
5,000.00
7,700.00
800 00
5,000.00
1.600.00
$86,140.00
$86,000.00
$500.00
2,600.00
3,000.00
2,500.00
8,000.00
$6,000.00
$6,000.00
$8,000.00
8,875.00
21,600.00
6,000.00
8,500.00
1,000.00
5,000.00
8,750.00
5,000.00
5,000.00
10,000.00
6,000.00
5,000.00
6,000.00
6.000.00
5,000.00
5,500.00
5,150.00
$4,000.00
5.000.00
27,000.00 !
6,000.00
7,000.00 I
2,000.00 I
6,000.00
5,000.00
6,000.00
5,000.00
10,000.00
7,600.00
5,000.00
6,000.00
5,000.00
5,000.00
6,500.00
5,000.00
$108,875.00
$119,000.00
$10,000.00
$6,000.00
6,000.00
19,000.00
8,000.00
5,000.00
6.000.00
6,000.00
4,000.00
6,000.00
6,000.00
$61,000.00
$8,000.00
8.000.00
5,000X0
6,000.00
7,700.00
800.00
6,000.00
1,500.00
$86,000.00
$500.00
2,500.00
8,000.00
$6,000.00
$4,000.00
6,000.00
27,000X0
6.000.00
1.750.00
1,000.00
5,000.00
5,000.00
5,000.00
5,000.00
10,000.09
7,600.00
5,000.00
6,000X0
^000.00
5,000.00
5,600.00
5.000.00
$112,750.00
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BANK COMMiaglONBBS KBPOBT.
141
SCHBDULB OF BONDS AND STOCKS OF THB MILFOBD SAVINGS
BANK.— OmtintMd.
BONDS.
Bstimated
Market Value.
Par Value.
Value on
Books.
MjacTnj*AxmovE.^Ckmtinued,
Atnounihroughi forward
Charleston Gas A Electric Co., W.
Va., 08
Minneapolis, Lyndale St Minnetonka
Railway Co., Minn., fis
Salt Lake City RaUway Co., Utah, 68
Metropolitan By. Co., Denver, 68
STOCKS.
Bakk.
Mannfactarers* National, Leaven-
worth, Kan
Sonhegan National, Milford
National. Ashland, Neb
Globe Saving Bank, Chicago, 111. . . .
MlSOBIXANBOUS.
Nebraska Loan A Trost Co
Tmst Company of America, Kansas
Cl^
Bed Oak Investment Co
Wichita Loan A Tmst Co
New England Loan St Trust Co.,
pref
$108,876.00
8,000.00
5,000.00
10,000.00
6,060.00
$181,925.00
$2,500.00
18,700.00
1,000.00
4,000.00
$26,200.00
$1,000.00
1,460X0
5,000.00
2,600.00
$9,060.00
$119,000.00
8,000.00
10,000.00
5,000.00
$147,000.00
$2,600.00
18,700.00
1,600.00
6,000.00
$27,700.00
$2,600.00
2,900.00
5,000.00
2,600.00
2,600.00
$15,400.00
$112,760.00
8,000.00
5,000.00
10,000.00
5.000.00
$140,760.00
$2,600.00
18,700.00
1,600.00
6,000.00
$27,700.00
$2,500.00
2,900.00
5,000.00
2,600.00
2,600.00
$15,400.00
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142
BANK 0OMMI88IOKEB8' BEPOBT.
♦MONADNOCK SAVINGS BANK.— EAST JAFFREY.
OsoAB H. Bradley, President. C. R. EimusDCB, Tipetuurer.
Trustees — Oscar H. Bradley, Benjamin Pierce, John B. Shedd,
Alfred Sawyer, Derostos P. Emory, Warren W. Emory, Jolins
E. Prescott, Calvin B. Perry, Rodney A. Hubbard, Cornelias W.
Warren, Thomas Annett, C. S. Chamberlain.
Investment Committee — Oscar H. Bradley, Benjamin Pierce,
John B. Shedd, Derostus P. Emory.
STATEMENT.
LicUnlities.
Amount due depositors.
Guaranty fond
Interest
Impairment
$477,676.04
22,775.82
12,766.08
$618,116.74
28.75
$618,091.00
$477,575UM
22,775.62
12,765418
$518,115.74
Assets.
Estimated I
Market Valae.
Par Value.
Value on
Books.
Loans secured by western mortgages
Loans secured by local real estate.. .
Loans on personal security (local) . .
Loans on collateral security (local) . .
Loans on collateral security (west-
em)
United States bonds
County, city , town and district bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Real estate by foreclosure
Bank fixtures
Certificates of deposit
Cash on deposit in national banks... .
Cash on hand
$180,666.02
78,966.01
6,827.00
18,560.00
8,500.00
16,900.00
71.260.00
28,140.00
42,082.18
18,890.00
6,000.00
49.281.68
1,850.00
5.282.85
1,414.78
82.07
$618,001.99
$180,666.02
78,966.01
6,827.00
18,660.00
8,600.00
16.000.00
72,000.00
81,500.00
42,882.18
10,700.00
5,000.00
49,281.68
1,860.00
5.282JI5
1,414.78
82.07
$518,401.99
$180,6664)2
73,966X1
6,827.00
18,650i»
8,5004)0
17,081.25
71,900.00
28.127.50
42,068.18
18,8064)0
5,000.00
49,281.68
1,8604)0
6,282.85
1,414.78
82.07
$518,116.74
* Enjoined by supreme court from receiving and paying deposits.
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BANK COJ
14a
StATSMEMT of D15PO8XIB9 EARNINGa, Ain> EZFBNHES
(Since laH SxanUnatianJ
From May 16, 1896, to August 17, 1896.
Amoimt of deposits at date of last examination . $576,936.43
Amount and rate of dividends declared, 3 per cent . 16,140.72
Amoimt of deposits received 28,752.29
$621,829.44
Amount of withdrawab 144,254.40
Amount of deposits at close of business, Aug. 17,
1896 $477,676.04
Gross income — Interest, $33,278.02; rents, $2,-
152.01; premiums, etc., $734.06
Salaries, rents, and incidentals
State tax
Western taxes
Foredosore expenses
Premiams charged off
Losses charged off .
Carried to goanuity fund
$3,338.55
3,934.54
1,900.43
1,559.30
100.00
3,152.60
2,677.50
$36,164.09
16,662.92
Net earnings $19,501.17
DiYidends, July, 1895, and January, 1896 16,140.72
Tosorplus $3,360.45
Surplus and interest, last examination
Increase
Surplus and interest, present examination
$9,404.63
3,360.45
$12,765.08
Incorporated 1869.
Bxamination Aug. 17, 1896, by John Hatch.
Treasurer's bond, $27,500. Date of bond, Feb. 1, 1896.
Annual compensation of treasurer, $1,200.
Indebtedness of trustees as principal, nothing ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company,
$9,500.
Amount of loans secured by mortgage in this state at a rate not
exceeding five per cent, per annum, $2,000.
Total amount loaned or invested in New Hampshire, $121,148.01.
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144
BANK commissioners' BEPOKT.
SCHEDULE OP BONDS AND STOCKS OP THE MONADNOCK SAVINGS
BANK.
BONDS.
Estimated
Market Yalne.
Par Valne.
Value on
Books.
COUMTT.
Summit, Col., 78
Montrose, CoL.Ss
Pitkin. Col., 88
San Miffael, N. M., Ss
CiTT AND Town,
Wahpeton, Dak., Ss
Dunkirk, N. Y.. 78
Las Animas, Col., 8s
Central City, Col., 7s
Clinton, Iowa, 68
Snohomish, Wash., 6s
New Whatoom, Wash., 68.
Aberdeen, Wash., 6s
Fresno, Cal.,68
Vallajo, Cal., 68
School District.
Huron, S. Dak., Board of Education,
68
Lewellyn Park, Dak., 78
Pleasant Valley, Dak., 7s
Argentine, Kan., 68
Raiiaoad.
Ore»>n By. A Navigation Co., 68
Fitonburg, Mass.. 68
Cheshire, N. H., 6s
Kansas Pacific, 6s
Oregon Improvement Co., 68
Cashocton Southern. 6s
Atchison, Topeka A SanU F4, 2d
mortg., 48
MiSCBLLANBOUS.
Ottumwa Water Co., Iowa, 6s
St. Cloud Gas A Electric Co., Minn., 7s
Denver Consolidated Electric Co.,
Col., 6s
Hutchinson Water, Light & Power
Co.jKan., 6s
New Hampshire Trust Co., deb., 6s. .
The Electric Co., Manchester, 6s
Evansville Street By., Ind» 6s
Wahpeton Water Works, Dak., 6s . . .
STOCKS.
Bank.
Monadnock National, East Jaffrey .
First National, Peterborough
Amount carried forvsard .
$1,000.00
10,100.00
4,000.00
8,600.00
$18,700.00
$8,130.00
1,060.00
6,500.00
6,160.00
10,000.00
6,600 00
6,600.00
9.000.00
5,160.00
8,090.00
$46,060.00
$2,600.00
400.00
600.00
8,000.00
$6,600.00
$8,210.00
6.000.00
14,540.00
1,600.00
2,780.00
200.00
980.00
$28,140.00
$6,000.00
10,000.00
6,000.00
6.000.00
2,800.00
5,000.00
4,000.00
4.282.18
$42,082.18
$6,400.00
875.00
$1,000.00
10.000X0
4,000.00
4,0
$19,000.00
$8,000.00
1,000.00
6,000.00
6,000.00
10.000.00
6,000.00
5,000.00
2,000.00
6,000.00
8,000.00
$1,000^
9.200.00
4,000.00
$44,000.00
$6,000.00
400.00
600.00
8,000.00
$9,000.00
$8,000.00
6,000.00
18.600.00
2.000.00
8,000.00
2,000.00
8,000.00
$81,600.00
$6,000.00
10,000.00
6,000.00
6,000.00
8,600.00
6,000.00
4,000.00
4,282.18
$42,882.18
$6,400.00
800.00
$18,900.00
$8,000.00
1,000.00
5,000.00
5,000.00
10.000.00
5,0004)0
5,000.00
2,000.00
6,000.00
8,000.00
$44,000.00
$^000.00
400,00
600.00
8,000.00
$9,000.00
$2,977 JSO
5,000 JM
18,600Jn
1,500.00
2,800.00
1,6004M>
760.00
$28,127.60
$6,000.00
io,or "
6,000.00
6,000.00
2,800.00
6,000.00
4,000.00
4,282.18
$42,062.18
$8,000.00
884.00
$6,775.00
$6,700.00
$8,884.00
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BANK COMMIBSIOinEBS' BEPOBT. 145
rLB OP BONDS AND STOCKS OP THE MONADNOCK SAVINGS
BANK— Ckmtinued.
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146
BANK COMMI88IONBB8 KBPOBT.
* NASHUA SAVINGS BANK.— NASHUA.
J. W. HowABD, President. Gbobgb F. Andbbws, Treasurer.
Trustees—J. W. Howard, 6. W. Currier, C. J. Hamblett, George
H. Alley, James H. ToUes, C. W. Stevens, C. H. Burke, Geoige
B. McQaesten, A. S. Wallace.
Investment Committee — G. W. Currier, C. J. Hamblett, J. H.
Tolles, J. W. Howard, G«orge F. Andrews.
STATEMENT.
Liabilities.
Amount due deDoaltors.
$2,348,461.28
114,218.09
$2,248,451^8
114.218.60
Interost
$2,882,664.82
17,879.72
$2,844,784.60
$2,8e2.664JB
Assets.
i EHtimated I
I Market Value.
I I
Par Value.
Value on
Books.
Loans secured by western mort-
gages
Loans secured by local real estate. .
Loans on personal security (local).. .
Loans on personal security (west-
em)
Loans on collateral security (local) .
Loans on collateral security (west-
ern)
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing stock
Miscellaneous stocks
Warrants
Real estate by foreclosure
Cash on deposit in national banks.
Cash on hand
$827,870.26
$827,870.26
$827,870.26
148.196.00
148,196.00
148.196.00
17,485.61
17,485.51
17.485.61
66,196.79
66,196.79
66.196.79
40,960.68
40,960.68
40.960.68
88,412.44
88,412.44
88.412.44
102.896.81
102,896.81
102.896.81
89.560.00
89,000.00
79.846.00
419,092.20
629,282.20
604,125.75
199,506.00
228.880.00
215.620.00
92,018.00
188,800.00
180.616.67
16.090.00
21,000.00
20.262.60
868,180.00
254,800.00
352.800.00
11,809.68
11.809.68
11.800.68
866.821.88
866,821.88
866,821 J8
6,289.66
6,260.66
5.260.66
1,026.79
1,026.79
1,025.79
$2,844,784.60
$2,416,656.60
$2,862,664.82
* Enjoined by Supreme Court from receiving and paying deposits, except-
ing 20 per cent, paid by order of court.
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BANK GOMMIS8IONEB8 REPORT.
147
TEMENT OF DEPOSITS, EARNINGS, AND EXPENSES
('Sino€ last SxaminationJ
From April 2, 1895, to May 4, 1896.
I deposits at date of last examination
I transfers received
$2,694,971.26
64,853.49
$2,659,824.75
411,373.52
I withdrawals, 20 per cent, of deposits, by
: Supreme Court ....
of deposits at dose of business May 4,
$2,248,451.23
ome — Interest, $99,229.56; rents, pre-
tc., $9,888.91 ; premiums, etc., $54,720.49 $163,838.96
lid out $1,317.11
ents, and incidentals
suces
« expenses
its charged off
iged off
and repairs (Western)
8,841.72
16,111.18
120.00
10,044.69
3,107.94
12,392.60
16,042.09
7,977.63
75,954.86
nings $87,884.10
895) 26,328.99
id interest present examination
$114,213.09
»dl854.
on May 4, 1896, by Alpheus W. Baker and John Hatch.
8 bond, $50,000. Date of bond, July 1, 1895.
. M. Woodman, A. M. Carlton.
mpensation of treasurer, $2,500.
mpensation of clerks, $1,300.
ess of trustees as principal, $8,800 ; as surety, $7,600.
Qonnt loaned to any individual, corporation, or company,
L
I loans secured by mortgage in this state at a rate not ex-
five per cent, per annnm, $143,195.
nnt loaned or invested in New Hampshire, $370,131.14.
« »i
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148
BANK 00MMI88I0NBB8' REPORT.
SCHEDULE OF BONDS AND STOCKS OP THE NASHUA SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
County.
KiDcrman, Kan., 6s I
Clay, Minn., 7s
Dawson, Mont., 7s
Pitkin, Col., 88 1
Pratt, Kan., 68 1
Lake, Col., 10s
$6,100.00
7.000.00
10,000.00
10,000.00
30,000.00
10,000.00
City and Town.
Moorhead, Minn., 7s
Millbank, Dak.. 7s
Valley Township, Kan., 7s..
Glen wood Springs, Col., Ss.
Spearrille, Kan., 78
$68,100.00
$6,100.00
7,000.00
10,060.00
10,000.00
20,000.00
10,000.00
$68,100.00
$5,000.00
6,000.00
8,980 00
10.000.00
6,000.00
School Distbict.
Sank Centre, Minn., 7a
Clinton, Dak., 7s
Deuel County. No. 60, Dak., 8s.
Deuel A CoddinKton, No. 85. Dak., 8s
Wibhita, Kan., Board uf Education..
Adams. Dak ., 78
La Delle, Dak., 7s
Richardson County, No. 102, Neb., 7s
$29,980.00
$8,000.00
1,000.00
600.00
600.00
2,000.00
700.00
2,000.00
168411
$9,868UU
Railboad.
Morris A Essex, 7s $20,020.00
Minneapolis A Duluth, 78 { 11,600.00
Terre Haute & Southeastern, 7s : 10,000.00
Minneapolis & St. Louis, 78 12.700.00
Chicago. Milwaukee & St. Paul, 7s. . . 18,000.00
PortR9yal& Augusta, 6a ' 4,760.00
Oregon Railway ft Navigation Co., Os 6.600.00
Brunswick & CbiUicothe, 6s 1,840.00
Cincinnati, Lebanon & Northern, 68 2,000.00
Cincinnati, Lebanon & Northern, 2
to58 4,600.00
Atchison, Topeka A Santa F^, 2d.
m., 48 8,760.00
MiSCBLLANBOUS.
Tiffin Water Works, Ohio, 6s
Eldorado Water Works, Kan., 6s —
Owego Water Works, N. Y.. 6s
Knoxville Water Works, Tenn., 6s . . .
Fort Plain Water Works, N. Y., 68. . .
Belleville Water Works. 111., 6s
Lamed Water Works, Kan., 6s
Wahpeton Water Works, Kan^ 6s . . .
Kingman Water & Power Co.. Kan.,6s
Capital City Water Works, Ala., 6s..
Pekln Water Works, 111., 68
Wellington Water Works, Kan., 68. .
Southern Kansas Water Co., Inde-
pendence, 78.
Amount carried fortoard..
$89,660.00
$6,000.00
16,000.00
6.000.00
6,000.00
6,000.00
4.000.00
2,600.00
4,282.20
1,000.00
8,000 00
10,000.00
8,000.00
6,000.00
$72,782.20
$6,000.00
6,000.00
8.980.00
10.000.00
6,000X0
$29,980.00
$8,000.00
1.000.00
600.00
600.00
2,000.00
700.00
2,000.00
168.81
$9,868.81
$14,000.00
10.000.00
10,000.00
10.000.00
10,000.00
5 000.00
6,000.00
2,000 00
2,000.00
6,000.00
16,000.00
$89,000.00
$5,000.00
15,000.00
6.000.00
5,000.00
5,000.00
5.000.00
10.000.00
4,282.20
5,000.00
8,000.00
10.000.00
8.000.00
6,000.00
$85,282.20
$6,100.00
7,0004K>
10,000.00
lOflOHJOO
20,000.00
10,000.00
$68,100.00
$5,000i»
6,000.00
8,980.00
10,000.00
5,000.00
$29,980.00
$S,0004W
1,000.00
600.00
600.00
2,000.00
700.00
2,000.00
168.81
$8308.81
$14,000.00
10.000UX)
10.000.00
10,OOOUX)
10,000.00
5,000X0
6,000.00
2,000X0
2,000X0
11X45.00
$79X45.00
$5,000.00
14,700.00
6,000.00
5,000.00
5,000.00
5,000.00
10,000.00
3,667 30
6,000.00
8,000.00
10,000.00
8,000.00
6.00O.O0
$84X57.a0
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BANK COMMI88IONEB8 KEPOBT.
149
ULE OF BONDS AND STOCKS OF THE NASHUA SAVINGS
BKNK,— Continued.
BONDS.
Estimated
Market Value.
Par Value.
LULVBOVB.— Continued,
It brought forward
Water Co., Moberly, Mo.,88
^ater Sapply A Power Co.,
^ater Works, Kan., is
lion Water Co., Col., Ss . . .
IS Co.. Mo., 7s
as Co., Iowa, 7s
\tLB Co., Iowa, 88
Oas Uffht Co., Iowa, 7s...
3as Ll^ht Co., Minn., 68. . .
»as Co., Kan.. 88
^as Co., Kan.. 88
Qas A Electric Co., lU.. 88
las A Electric Co., Iowa, 6s
tnsolidated Electric Co., 68
th Gas A Electric Ught
.,88
3as A Electric Light Co.,
las A Electric Co., CblUi-
0..88
Slectrio Ballway A LiKht
Electric Co., Wichita,
1 Electric Lighting Co.,
Mortgage A Trust Co.,
b., 88
«m Trust Co., Dak., deb.,6s
Mortgage A Trust Co.,
ioan A Trust Co., deb., 88. .
>an A Trust Co., deb., 7s. . .
pany of America, deb., 88..
investment Co., deb., 78. . .
aprovement Co., 6s
MS Co., 68
Cement Co., N. J., 7s
nion Stock Yards, Kan., 7s
ird A Glased Paper Co., 68
Ditch Co., Col.. 7a i
Springs Rapid Transit
Co., 88
treet Railway Co., Texa8,6sl
lal Company, 7s
Irrigation A Land Co.,
)ty Deposit Co., Chicago, 6s
>ck Car Co., Kan., 88
Oranville Electric Street ;
Co., 88 '
STOCKS.
Bank.
itional,N.Y
»» National, N.Y..
$72,782.20
8,000.00
80,000.00
26,000.00
6,000.00
7,500.00
6,000.00
8,210.00
6,250.00
7,000.00
6,000.00
16,000.00
10.000.00
16,000.00
10,000.00
10,000.00
6,150.00
89,000.00
18,600.00
16,000.00
6,800.00
1,000.00
1,760.00
5,000.00
1,600.00
6,000.00
10,000.00
4,400.00
11,250.00
1,000.00
10,000.00
10.000.00
4,000.00
6,000.00
6.000.00
10,000.00
6,000.00
4,000.00
5,000.00
6,000.00
$419,092.20
$27,800.00
20,100.00
Value on
Books.
$85,282.20
$84357.20
10.000.00
10,000.00
80,000.00
80.000.00
25,000.00
24,650.00
7,500.00
6,600.00
7.500.00
7.500.00
5.000.00
5,000.00
6,000.00
5,400.00
8,000.00
8,000.00
7,000.00
7,000.00
7,000.00
7,000.00
5,000.00
4.875.00
15,000.00
18,060.00
10,000.00
10,000.00
15,000.00
15,000.00
10,000.00
10,C
6,000.00
78,000.00
27,000.00
20,000.00
8,500.00
1,000.00
8.500.00
5.000.00
8,000.00
5,000.00
20,000.00
6,000.00
15,000.00
2,000.00
10,000.00
10,000.00
4,600.00
5,000.00 I
10,000.00 i
10,000.00 I
5,000.00
4,000.00
10,000.00
5,000.00
$629,282.20
$15,000.00
15,000.00
il carried forward $47,400.00 I $80,000.00
10,000.00
9,800X0
6,000.00
58,500.00
26,966.64
20,000.00
8,600.00
1,000.00
8,480.00
5,000.00
8,000.00
6,000.00
19,727.91
6,000.00
15,000.00
2,000.00
10,000.00
10,000.00
4.000.00
6,000.00
10,000.00
10,000.00
4,960.00
4,000.00
9,800.00
4,750.00
$504,125.76
$16,000.00
15,000.00
Mit
\hk>
if J
iV
\\
\
$80,000.00
n
w
?:ii^
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150
BANK GOMMI88IONBB8' REPORT.
SCHEDULE OF BONDS AND STOOBIS OF THE NASHUA SAVINGS
BANK.— OonUnued.
STOCKS.
Estimated
Market Value.
Par Value.
Value on
Books.
Bank.— Oont<nu«d.
Amount brought fortoard
National Bank of the BepubUc, N. T.
National Bank of North America,
N. Y
$47,400.00
16.000.00
9.620.00
6.400.00
2,680.00
$80,000^
10,000.00
7,000.00
6,000.00
1,000.00
640.00
6,000.00
2,500.00
4.640.00
5,000.00
10.000.00
20,000.00
12.000.00
7,600.00
11,900.00
84,200.00
6.000.00
4,000.00
8,000.00
10.000.00
6.000.00
8.000.00
5,000.00
2,500.00
6,000.00
6.000.00
5,000.00
$80,0004M>
10,000.00
7,000.00
5.000.00
Central National. N. Y
National Park. W. Y
1,0004M>
640.00
MetroDolitan National. N. Y
National Bank of North Amerioa,
Boston ••••..•..• •.
4,960.00
8,675.00
8,480.00
6,000.00
10,000.00
16,000.00
12.000.00
7.500.00
5,960.00
17,100.00
2,600.00
8,200.00
6.400.00
8,000.00
5.000.00
1.000.00
8,760.00
2,600.00
4,640.00
io!ooo!oo
20,000.00
12.000.00
7,600.00
National Bank of the Republic,
3oston ••• ...••«
Indian Head National, Naahaa
First National Naahna
Second National, Naahaa
Globe Savings Bank, Chicagro
Sioux National, Sioux City, Iowa. . . .
Des Moines National. Iowa
Clark County, Osceola, Iowa
Merchants* National, Kansas City . . .
Trinidad National. Col
11,640.00
26,200.00
6,000.00
First National, Helena. Mont
First National, Winfleld, Kan
First National, Janction Ci^, Kan. . .
Central National, Topeka, Kan
Kansas National. Tooeka
sloooioo
10,000.00
6.000.00
8.0004M>
First National AlUance, Neb
American Savings Bank, Omaha,
5,000.00
2,600.00
First National, Ravenna, Neb
North Platte National. Neb
1.000.00
1,000.00
1,000.00
6,000.00
5,000.00
mi^t. WaHrtfiAl f)rtt.nt. KaH
6,000.00
Railroad.
$100,506.00
$228,880.00
$215,620.00
ChicaflTo A Alton common- 1
$81,000.00
10,611.00
6,150X0
2,160.00
9,400.00
16,184.00
8.000.00
5,606.00
8,000.00
$20,000.00
18,100.00
5.000.00
8,000.00
10,000.00
47,600.00
20.000.00
5,100.00
15,000.00
$20,000.00
Chicago, Burlington A Quinqy
Chicago, St. Paul, Minn. A Omaha,
preferred ••• ....•• ............
18,100.00
5,000.00
Chicago, Rock Island A Pacific
Detroit, Hillsdale A Southwestern...
Eel River •...
8,000.00
10,000.00
44,200.00
Flint A Pere Marquette, pref
Pennsylvania
Oregon Railway A Navigation Co.. . .
19,286.67
6,100.00
10,990.00
$02,018.00
$188,800.00
$180,616.67
E. A T. Fairbanks A Co., St. Johns-
bury, Vt
$2,600.00
6;760*.00
2,600.00
$6,000.00
6,000.00
6.000.00
5,000.00
$4,750.00
Jackson Comoanv. Nashua
6,612.60
5,000.00
Naahaa Manuf acturinir Co
Page Beltinjpr Co., Concord, pref
5,000.00
$16,090.00
$21,000.00
$20,262.60
Pennichuok Water Works, Nashua. .
Onincv Railroad Bridge Co
$217,480.00
68,800.00
84,000.00
10,000.00
$127,900.00
40,000.00
20,000.00
10,000.00
$127,900.00
40.000.00
International Trust Co., Boston
Rfid Oak Investment Co
20.000.00
10,000.00
Amount carried forward
$880,280.00
$197.»00.00
$197,900.00
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BANK COMMISSIONERS REPORT.
161
DULE OP BONDS AND STOCKS OP THE NASHUA SAVINGS
BANK— dm -<nu«d.
STOCKS.
Estimated
I Market Value.
Par Value.
Value on
Books.
1
BLLAKBOU8.— Conlinued.
..! $880,280.00
., 18,000.00
$197,000.00
18,000.00
$197,900.00
18,900.00
6,000.00
6.000.00
1.760.00
10,000.00
6,000.00
8,600.00
10,000.00
5,000.00
a
1,000.00
8|ooo!oo
1,000.00
io.ooaoo
6.000.00
1.000.00
8,000.00
•»
h.
s,ooo.oo
8,760.00
2,000.00
6.000.00
2,000.00
6,000.00
$868,180.00
$264,800.00
$268,800.00
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152
BANK COMMI88IONBBS' REPORT.
NEW HAMPSHIRE BANKING COMPANY.— NASHUA-
Solomon Spalding, President. W. A. Farley, Treasurer.
Trfistees — Solomon Spalding, Eklward Hardy, David O. Smiths
Greorge Phelps, Solon S. Whithed, James H. Dunlap, Eugene F.
McQaesten, Charles F. Tessier, Clarence L. Trow, Charles
Holman.
Investment Committee — Solomon Spalding, Greorge Phelps, Solon S.
Whithed, Charles Holman, James H. Dunlap.
STATEMENT.
Liabilities,
Assets.
Estimated
Market Value.
Par Valae.
Value on
Books.
Loans secured by western mortgages
Loans secured by local real estate. . .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
ern)
State bonds
Countv, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Miscellaneous stocks
Warrants
Real estate by foreclosure
Oash on deposit in national banks. . .
Cash on hand
Debit balance
$858,194.26
89,166.00
8,690.00
29,864.76
19,876.00
14,505.78
6,600.00
181,662.00
6.060.00
212,250.00
28,775.00
2,976.00
68,200.00
6,871.69
108,269.96
14,089.20
2,487.87
856.96
$1,140,642.82
$868,194.26
89,166.00
8,690.00
29,864.76
19,876.00
14,606.78
5,000.00
176,960.00
5,000.00
215,660.00
28,900.00
8,200.00
78,800.00
6,871.59
106,289.96
14,088.20
2,487.87
855.96
$1,149,740.82
$868,194.28
89,156X0
8,6eo.oa
29,864.75
19,875.0a
14,505.78
5,ooo.oa
176,960.00
6,000.00
208.290.00
27,660.00
2,976.0a
71,750.00
6,871.50
108,269.96
14,089.20
2,487.87
866.96
$1,188,966.82
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BANK COMMI88IONEB8' REPORT.
163
TEMRNT OF DEPOSITS, EARNINGS, AND EXPENSES
(Since latt SxaminationJ
From February 26, 1896, to April i, 1896.
)f deposits at date of last examination
ind rate of dividends declared, 4 per cent.
>f deposits received
)f withdrawals
>f deposits at close of business April 1, 1896
$67,353.78; rents, $5,-
I., $2,615.67 .
. $3,725.70
$1,152,412.99
43,161.30
112,802.20
$1,308,376.49
339,876.52
$968,499j97
$75,034.90
entals
5,860.28
8,719.48
5,069.14
4,887.98
5,000.00
mings
plus
, May. 1895
nd interest, last examination
pins ....
% and interest, present examination
33,262.58
$41,772.32
1,388.98
$43,161.30
$46,844.33
1,388.98
$45,455.35
ited 1879.
don April 1, 1896, by board of bank commissioners.
r's bond, $85,000. Date of bond, Feb. 2, 1892.
A. HaU.
ompensation of treasurer, $1,900.
ompensation of derk, $1,000.
Hess of trustees as principal, $11,200 ; as surety, nothing,
amount loaned to any individual, corporation, or company,
0.
di loans secured by mortgage in this state at a rate not ex-
I five per cent, per annum, $21,600.
ount loaned or invested in New Hampshire, $112,321.
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154
BANK COMMISSIONBBS' BBPORT.
SOHBDULB OF BONDS AND STOCKS OF THB NBW HAMPSHIBB
BANKING COMPANY.
BONDS.
Batimated
Market Value.
Par Value.
Value on
Books.
Statb.
Utah, 68
I
$6,600.00 $6,000.00
$^0004»
CouNTir.
Fremont, Col., 8a
1
$9,270.00 ' $9,000.00
6,260.00 1 5,000.00
6,800.00 6,000.00
1,648.00 1,000.00
8,400.00 1 8,400.00
8,160.00 1 8,000.00
$9,000.00
5^000 00
5.000.00
1,000.00
8,000.00
Baffle, Col., 78
Garfield, Col.. 78
Bichardson, Neb., 88
Dona Ana. N. M.. 6s
Ramsey, &f inn., 4^8
City and Town.
$88,018.00 1 $82,000.00
$82,000.00
Fargo, N. Dak. 78
$6,250.00 $5,000.00
6000 00 • KnmnA
$5,000.00
6,000.00
6.000.00
6.000.00
6,000.00
6,000.00
4.600.00
6,000.00
5,000.00
10,000.00
4,000.00
10,000.00
10,000.00
7,000.00
2300.00
York, Neb., 68
Provo City, Utah, Bs
6,000.00
6,000.00
6,000.00
5,100.00
4,725.00
6,600.00
6 100 00
6,000.00
6,000.00
6,000.00
5,000.00
4,500.00
5.000.00
Rnnn AA
Brijrham citv. Utah. 68
Bessemer, Col., 6s
Denver. Col., 48
Great Falls, Mont., 6s
Las Animas, Col., 88
Golden, Col!, 8s..'
Moscow. Idaho. 6a •
10,400.00 ; 10.000.00
4,200.00 4.000.00
10,000.00 10,000.00
10.000.00 10,000.00
7,210.00 7.000.00
2,869.00 1 2,300.00
Salida, Col., Bs
Wilson, N.C., 6s
Buckley, Wash., Bs
Fnllerton Township, Neb., 78
Gilck TownshlD. Kan.. 8a..'.
School District.
$90,854.00 1 $88,800.00
$88,800.00
Grand Island, Hall Connty, Neb., Bs.
Jefferson Coanty, No. 87, Col., 8s
La Plata " " 1, " Ss
Larimer " " 18, *• 8s
Weld " " 5, " 8s
Las Animas " " 2, " 8s
Delta " " 8, " 8s
Chaffee " *• 24, " Ss
Mesa " " 6, " 8s
Tooele County, No. 1, Utah, Bs
American Fork, Utah County, No. 14,
Utah, Bs
$10,000.00
8.000.00
8,090.00
2,100.00
2,000.00
1,200.00
1,850.00
1,800.00
800.00
8,000.00
6,260.00
4,725.00
610.00
7,725.00
1,080.00
10,600.00
$10,000.00
8,000.00
8,000.00
2,000.00
2,000.00
1,200.00
1,850.00
1,800.00
800.00
8,000.00
6,000.00
4,600.00
600.00
7,600.00
1,000.00
10.000.00
$10,000.60
8.000.00
8,000.00
2,000.00
2.000.00
1,200.00
1.860.00
1,800.00
800.00
8,000.00
6,000.00
4,600.00
500.00
7,600.00
1,000.00
10,000.00
Sheridan County, No. 7, Wyo., 78
King County, No. 02, Wash., 8s
King " " 9, " Bs
King " " 84, '• 78
Fresno, Cal., Bs
Bailboad.
$67,680.00
$66,160.00
$66,160.00
Giloin Tramway Co.. Col.. 78
$6,050.00
$5,000.00
$6,000.00
MiSCBLLANBOUS.
National Loan & Trust Co., deb., Bs. .
Davidson Investment Co., deb., 78. . .
$6,000.00
8,000.00
600.00
$6,000.00
6,000.00
1.000.00
•5.<X»XN>
Winfleld Mortgage & Trust Co.,
deb., Bs
1,000.00
Amount carried forward
$8,500.00
$12,000.00
$6,000.00
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BANK GOMMI88IONEB8' REPORT.
156
ULE OP BONDS AND 8TOOK8 OP THE NEW HAMPSHIRE
BANKING COMPANY.— OmKnued.
BONDS.
Estimated
Market Value.
Par Value.
ILLANBOU8.— OS(m/in««d.
4 hroupht forward
Co. of America, Topeka,
nt Trost Co. of America,
Investment Co., St. Panl,
s
f Emporia, Kan., Ts
lard A Glased Paper Co» 6s.
has A Electric Li^ht Co., i
^ater Works, Pla., 8s
onsolidated Electric Co., 8s
antral St. Ry. Co., 111., 8s
li Water Co., Mo., 68
nal Co., Bineham County, 7s
• Ditch Co., Col., 78
Irri^ratlon A Land Co.,
a Cemetery Association,
,8s ,
ith Gas A Electric Light
Gas A Electric Light Co., 6s
es Suburban Ry. Co., 8s
re Deposit Co., Chicago, 8s.
9as A Electric Co., Bio., 6s..
lailway , Light A Power Co.,
, Mo., 6s
Itan Railway Co., Denver, 6s
t Granville Electric Street
r. Ohio, 6s
I City Railroad, Utah, 6s....
>rks Gas A Electric Co., 6s. .
Consolidated Street Rail-
'e.,6s
x>wn Light, Power A Rail-
., la., 8s
STOCKS.
Bank.
ational. Nashua
Bad National, Nashua
ional, Nashua ,
»' National, Kan. City, Mo.
rings Bank, Chicago
German American, St. Paul
Railboad.
>ugh
am way Co., Col..
MlSCBLLAlTBOUS.
upany of America, Topeka,
Investment Co., Iowa.
nt earried forward.. . .
$8,600.00
6,000.00
S,400.00
800.00
8,000.00
6,000.00
10,000.00
10,600.00
6,000.00
5,000.00
6,000.00
40,000.00
9,000.00
6,000.00
10,000.00
10,000.00
10,000.00
6,000.00
10,000.00
6,160.00
6,000.00
6.060.00
10,000.00
10,000.00
10,000.00
8,760.00
6.100.00
Value on
Books.
$12,000.00
6,000.00
8,000.00
800.00
8,000.00
$212,260.00
10,000.00
10.000.00
6,000.00
6,000.00
6.000.00
40.000.00
9,000.00
6,000.00
10.000.00 j
10,000.00 !
10,000.00
6.000.00 I
10,000.00 I
5,000.00
5,000.00
6,000.00
10,000.00 I
10.000.00 I
10,000.00 '
8,760.00
6,000.00
$216,660.00
$10,000.00
8,000.00
2,000.00
2,260.00
4,000.00
1,626.00
$28,776.00
$1,700.00
1,276.00
$2,976.00
$1,700.00
6,000.00
$6,700.00
$10,000.00
4,000.00
2,900.00
4.600.00
6,000.00
2,600.00
$28,900.00
$1,700.00
1,600.00
$8,200.00
$8,400.00
6,000.00
$6,000.00
6,000.00
8,000.00
800.00
2,000.00
6,000.00
10,000.00
10,000.00
6,000.00
5,000.00
6,000.00
40,000.00
7,740.00
6,000.00
10,000.00
10,000.00
10,000.00
6,000.00
10,000.00
6,000.00
6,000.00
6,000.00
10,000.00
10,000.00
10,000.00
8,760.00
6,000.00
$808,290.00
$10,000.00
4,000.00
2,900.00
8,260.00
6.000.00
2,600.00
$27,660.00
$1,700.00
1,276.00
$2,976.00
$8,000.00
6,000.00
Mi
l!i
I »
[\ I''
-^
$8,400.00
$8,000.00
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156
BANK GOMMIS8IONEB8' KBPOBT.
SCHEDULE OP BONDS AND STOCKS OP THE NEW HAMPSHIRE
BANKING COMPANY.— Concluded.
STOCKS.
Estimated
Market Value.
Par Value.
Value 00
Books.
MisoBLLANKoas.— Ooniinuad.
Amount brought forufard
National Inyestment Co., St. Paul. . . .
International Loan A Trust Co.,
Kansas City, Mo
Inyestment Tirust Co. of America,
Topeka, pref
Western Investment A Realty Co.,
Wichita
Denver Consolidated Electric Co. . .
American Soerar Reflnin^ Co., pref.. .
$6,700.00
1,600.00
600.00
9,900.00
16,600.00
80,600.00
$8,400.00
8,000.00
6,000.00
1,000.00
9,900.00
16,600.00
80,000.00
$68,200.00
$78,800.00
$8,000.00
8,000.00
5,000.00
1,000.00
16,600.00
28,8604)0
$71,760.00
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BANK 0OMMI88IOKBB8' REPORT.
167
NEW HAMPSHIRE SAVINGS BANK.— CONCORD.
Samuel C. Eastman, President. William P. Fiskb, Treasurer.
Trustees — Samuel C. Eastmaiif Samuel S. Kimball, John C. Thorne,
Charles R. Walker, Henry McFarland, John C. Ordway, John
H. Stewart, Enoch Grerrish, Adam P. Holden, John P. Greorge,
Henry F. HoUis.
Investment Committee — Samuel S. Kimball, Henry McFarland,
John C. Ordway, Samuel C. Eastman.
STATEMENT.
Liabilities.
Amoont dae depositors
Ooaranty f and
Interest
Preminm
$4*387.798.77
300,000.00
60.724.40
128,681.Gr
$4,072,164.76
Assets,
$4,987,706.77
200,000.00
60,724.40
$4,648,628.26
Estimated
Market Valae.
Par Value.
Value on
Books.
Loans seeiired by western mort-
j^i^^es. >•
Loans secured by local real estate..
Loans on personal security (local)..
Loans on personal security (west-
em)
Losas on collateral security (local)
Loans on collateral security (west-
em)
United States bonds
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing stock
Miscellaneous stocks
County Judgments
Real estate by foreclosure
Real estate purchased (bank build-
Casn on deposit in nadonal banks. .
Cash on hand
$006,181.00
275,1064)0
74,606.00
68,014.16
106,600.00
17,200.00
466,817.42
1,188,686.00
684,650.00
184,080.00
882,726.00
102,756.00
15,060.00
0,047.87
182,047.67
61,600.00
61,485.97
6,262.67
$4,672,164.78
$006,181.00
276,108.00
74.606.00
68,014.16
106,660.00
60,860.00
16,000.00
462,417.42
1,814,000.00
646.000.00
107,400.00
826,000.00
96,900.00
17,000.00
0,047.87
182,047.67
61,600.00
61,486.97
6,262.67
$4,660,719.76
$906,181.00
276.196.00
74,605.00
68,014.16
106,660.00
60.860.00
16,860.00
462,217.42
1,188.075.00
548,800.00
185.608.50
818,700.00
88,876.00
20,500.00
0,947.87
182,047.67
61,600.00
61,486.97
6.262.67
$4,548,628.26
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158
BANK COMMI88IONEB8' REPORT.
Statement of Dbpobits, Earnings, and fixPENass
fSinee latt Bxaminati&n)
From July 1, 1896, to May 19, 1896.
Amount of deposits at date of last examiDation . 9^9^19714.50
Amount and rate of dividends declared, 3^ per cent. 135,795.17
Amount of deposits received .... 490,649.33
Amount of withdrawals
«5,008,159.00
770,360.23
Amount of deposits at close of business May
19,1896
Gross income— Interest, $221,233.05 ; rents, $5,946,-
70 ; premiums, etc., $102.50
Interest paid out .
Salaries, rents, and incidentals
State tax
Local taxes .
Western taxes
Foreclosure expenses
Premiums charged off
Losses charged off
$667.89
7,252.65
31,855.34
1,018.88
8,608.19
2,456.44
11,711.64
32,700.00
$4,237,798.77
$227,282.25
96,271.03
Net earnings $131,011.22
From surplus 4,783.95
Dividend January, 1896 $135,795.17
Surplus and interest, last examination
From surplus ....
Surplus and interest, present examination
$55,508.44
4,783.95
$50,724.49
Incorporated 1830.
Examination May 19, 1896, by board of bank commissioners.
Treasurer's bond, $50,000. Date of bond, Oct. 8, 1895.
Clerks, William R. Walker, George C. Roy, MUdred £. Clark.
Annual compensation of treasurer, $2,750.
Annual compensation of clerks, $2,880.
Indebtedness of trustees as principal, $2,500; as surety, S265.
Largest amount loaned to any individual, corporation, or company,
$43,000.
Amount of loans secured by mortgage in this state at a rate not
exceeding five per cent, per annum, $91,665.
Total amount loaned or invested in New Hampshire, $667,691.50.
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BANK COMMI88IONER8' BEFOBT.
159
JLB OP BONDS AND STOCKS OF THR NEW HAMPSHIRE
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Valae.
Unitbd Statbs.
ktes, 48
COUWTY.
»l.,78
I.,te
Wa8h.,68
(fiTY AND Town.
U.. Sanitary DiAtriott 6s
[, Ohio, 78
tatehoase, 68
Ich., 78
h, Texas, 68
48
tT,Kan.,68
lis, Minn., 68
Ky.,78-108
Id. 111^68
City. Utah, 58
Ao., 68
School Distbict.
Coonty, No. 17, Ool., 6s ... .
Ooanty, No. 17, Col., 6e . . . .
County, No. 2. Col., 4(8 —
;oonty , No. 8, Col., Ss
oonty. No. 1. Col., Ss
ah, Board of Bducat'n, 68.
anty, No. I, Col.. As
•ol Bonds, 6s
Bailboad.
Topeka A Santa P^, 2d
Pacific, 4s
c A Chillioothe, 6s
Lowell, 6s
a A Missoari, Neb., 6s
ashington, 68
iurlin^ton A Qaincy, 7s. . .
Surlin^ton A Qoincy, 4s. . .
iorlington A Qoincy, Ss. . .
Surlingrton A Northern. 6s
liilwaakee A St. Paul, H.
.,7s
Milwaukee A St. Paul, S.
6s
Milwaukee A St. Paul, Du-
iv.,68
; North Michigan, 58
i West Michigan, 5s
St. Paul, Minneapolis A
B«
:, Dayton A Ironton, 58. . •
carried forward
$17,200.00
$10300.00
10,000.00
10,500.00
$80,800.00
$22,200.00
10.600.00
5,000.00
22,000.00
28,000.00
1,000.00
4,620.20
162,588.22
38,600.00
10.000.00
10300.00
7,700.00
$817,417.42
$15,000.00
$10,000.00
10,000.00
10,000.00
$80,000.00
$20,000.00
10,000.00
5,000.00
20,000.00
25,000.00
1,000.00
4,529.20
162,688.22
80,000.00
10,000.00
10,000.00
7,000.00
$806,117.42
$20,000.00
10,200.00
80,000 00
1,800.00
10,600.00
15,000.00
5,000.00
25,500.00
$118,100.00
$24,500.00
24,000.00
8,000.00
5,060.00
86,040.00
10,000.00
94,400.00
4,725.00
60,750.00
5,665.00
60,400.00
85,100.00
59,500.00
900.00
1,770.00
88,100.00
27,500.00
$471,400.00
$20,000.00
10,000.00
80,000.00
1300,00
10,000.00
15,000.00
5,000.00
25,600.00
$117,800.00
Value on
Books.
$100,000.00
60,000.00
8,000.00
5,000.00
84,000.00
25,000.00
80,000.00
5,000.00
50,000.00
5,600.00
40,000.00
80,000.00
60,000.00
2,000.00
8,000.00
80,000.00
26,000.00
$547,500.00
$16,850.00
$10,000.00
10,000.00
10.000.00
$80,000.00
$20,000.00
10,000.00
5,000.00
20.000.00
26,000.00
1,000.00
4,520.20
162,588.22
81,000.00
10,000.00
10,000.00
7,000.00
$806,117.42
$20,000.00
10,000.00
28300.00
1.800.00
10,000.00
15,000.00
5,000.00
26,500.00
$116,100.00
$60,000.00
45,000.00
8,000.00
5,000.00
84.000.00
25,000.00
80,000.00
5,000.00
50,000.00
5,600.00
40,000.00
80,000.00
60,000.00
2,000.00
8,000.00
80,000.00
28,900.00
$481,400.00
J
!■;
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160
BANK COMMI88IONEB8 BEPOBT.
80HEDULB OF BONDS AND STOCKS OP THB NEW HAMPSHIBB
SAVINGS BAHfK,— Continued.
BONDS.
Estimated p-rVain« ' Valoe on
iMarket Value. *^*' vaiue. , Book*.
Bailboad .—Continued .
Amount brought fortoard
Concord A Montreal, 4s
BvansTlUe A Indianapolis, 68
Iowa Central, 68
Little Bock A Fort Smith, 7s
New York A New England, 78
Nordaway Valley, 7s
Northern Pacific, 68
Old Colony, 68
Oregon Short Line, 68
Oregon Short Line A Utah North'n 68
Ottawa. Oswego &*Fox Ri\. Val., 88..
Bepablican Valley ,68
Southern Pacific in California, 68 ... .
Spokane A Palouse, 6s
St. Joseph A Grand Island, 6s
St. Louis A San Francisco, 4s
St. Paul A Northern Pacific, 68
Tarkio Valley, Mo., 78
Union Pacific, 6s
Union Pacific, 8s
Wisconsin Valley, 7s
Atchison, Topeka A Santo F6, 48
Atchison, Topeka ft SanU F«, adjust-
ment, 48
MiSOBLLANBOUS.
Arkansaw Water Co., Little Book, 68
City Water Co., Chatton'ga, Tenn.,6s
City Water Co» Sheboygan, Wis., 68.
ConnellsTille Water Co., Pa.. 68
Eau Claire Water Works, Wis., 68...
Elkhart Water Works. Ind., 68
Hillsborough Water Works, 68
Jamestown Water Supply Co., 68 ....
Kingman Water A Power Co., Kan.,68
Lyons Water Co., Iowa, 6s.
Muncie Water Co., Ind., 6s
Oshkosh Water Works, Wis., 68
Oswego Water Works, N. Y» 7s
Parsons' Water Supply Co., Kan., 68.
Portland Water Co., Conn.. 6s.
Pueblo Water Co., Col» 6s
Salina Water Works. Kan., 68
St. Joseph Water Co., Mo., 6s
Topeka Water Supply Co., Kan., 68.
Wellington Water Works, Kan., 68.
Wichito Water Co., Kan., 7s
Denver Consolidated Elec. Co., 6s. .
Kansas City Electric Light Co.,
Mo.. 68
Marshalltown Light, Power A Ball-
way Co.. Iowa, 68
Minneapolis Gas Light Co.. Minn., 6s
Minneapolis General Elec. Light
Co., 6s
Montclair Electric Light Co., Den-
ver, 68
Municipal Gas Light Co., Bochester,
N. Y.,68
Amount carried forward .
$471,400.00
42,000.00
17,400.00
26,190.00
9.400.00
24,400.00
18.650.00
90,160.00
16,800.00
66,626.00
18,600.00
6,750.00
24.160.00
44,000.00
41,260.00
26,000.00
8.600.00
87.200.00
16.760.00
16,160.00
950.00
72.000.00
90,000.00
26.700.00
$1,188,626.00
$26,000.00
6,000.00
8,000.00
10.000.00
20.000.00
10,000.00
26,000.00
10.000.00
2,000.00
10.000.00
16,000.00
20.000.00
22.000.00
10,000.00
6,060.00
26,000.00
6.000.00
10,000.00
7.000.00
10,000.00
10.000.00
60,000.00
10,000.00
10,200.00
12.600.00
20,000.00
11,000.00
10.(
$888,860.00
$647,600.00
40,000.00
20,000.00
27,000,00
10,000.00
20,000.00
18,000.00
78,000.00
16,000.00
60,000.00
20,000.00
6,000.00
28,000.00
40,000.00
50,000.00
60.000.00
10,000.00
80,000.00
16.000.00
17,000.00
1.000.00
60,000.00
112,600.00
60,000.00
$1,814,000.00
$481,400.00
40,000.00
20,000.00
26.600.00
9,600X0
78,000.00
16,000.00
60,000.00
18.676^10
6,000U)0
60,
00
8.000.00
80,000.00
17,000.00
1.000.00
60,000.00
90,000.00
27,000.00
$1,188,075.00
$26,000.00
6,000.00
8,000.00
10,000.00
20,000.00
10,000.00 ,
26.000.00 I
10,000.00 I
10,000.00 {
10,000.00 1
16,000.00
20,000.00
20,000.00 1
10,000.00 I
6,000.00
26,000.00
6.000.00 I
10.000.00 I
10.000.00
10.000.00
10.000.00 !
60.000.00 I
10,000.00
10,000.00 I
12,000.00
20,000.00
11,000.00
10.000.00
10,000.00
20,000.00
25,000.00
10.000.00
10,0004»
10.000.00
16,000.00
20,000.00
20.000.00
10,000.00
6,0004»
10,000.00
10,000X0
10.000X0
10.000.00
60.000X0
10,000X0
9,800.00
12,000X0
20,000X0
11,000.00
10,(
$892,000.00
$881,800.00
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BANK COMMI88IONEB8' REPORT.
161
8CHBDULB OF BONDS AND STOCKS OF THE NEW HAMPSHIRE
SAVINGS BAKK,— Continued,
BONDS.
Estimated
I Market Value.
Par Value.
Valae on
Books.
MiacMLLAHUovB.— Continued,
Amount brought forward
Flattsmoath Gas A Electric Light
Co.. 6s
Des Moines Street Railway, 6s .
Metropolitan Street Railway, Den-
ver, 68
Multnomah Street Railway, Port-
land, Or., 68
Newton Street Railway. Mass., 6s. . . .
Omaha Street Railway, lis
Portland Consolidated Street Rail-
way, Oregon, 6s
Central Loan & Land Co., deb., 68 —
Crippen, Lawrence A Co., deb., 6s . . .
New Hampshire Trust Co., deb., 6s..
Fairmount Cemetery Association,
Denver, 6s
Swift ft Co., Chicago, 111., 68
Windsor Land A Investment Co.,
Denver, 6s
STOCKS.
Baitk.
American Exchange National, N. T.
First National, Boston
First National, Concord
First National, Manchester
Fourth National, N. T
Merchants* National, Boston
National Bank of Conmierce, N. Y. .
National Bank of Com., St. Louis. . . .
National State Capital, Concord
Northwestern Nat'l, Minneapolis. . . .
Third National, St. Louis, Mo
Tradesmen's National, N. T
Western National, N. T
Railkoad.
Boston A Maine, Common
Boston A Maine, pref
Concord A Montreal, class 1
Concord A Montreal, class 4
Chicago, Burlixigton A Quinc v . . .
Chicago, Rock Island A Paciiic . .
Delaware A Hudson Canal Co. . . .
Eastern New Hampshire
Evansville A Terre Haute
Illinois Central
Iowa Central, pref
Lake Shore A Michigran Southern
Maine Central
Miohlfcan Central.. #
Mmnchester A Lawrence
Northern
Old Colony
Pemigewasset »
Pennsylvania
$888360.00
$802,000.00
$891300.00
10,000.00
10.000.00
10,000.00
30,000.00
20,000.00
20,000.00
10,100,00
10,000.00
10,000.00
10,000.00
10,0004»
10,000.00
10,000.00
10,000.00
10.000.00
20,000.00
20,000.00
20,000.00
10,000.00
10,000.00
10.000.00
4JS00.00
6.000.00
6.000.00
9,000.00
10,000.00
10,000.00
7,200.00
9,000.00
7,000.00
10,000.00
10.000.00
10,000.00
20,000.00
20,000.00
20,000.00
10,000.00
10,000.00
10,00030
$684,660.00
$646,000.00
$648300.00
$17,200.00
$10,000.00
$10,000.00
28,800.00
10.000.00
14,200.00
82,600.00
10.000.00
26,658.60
8,080.00
2,200.00
2,200.00
18,500.00
10,000.00
10,000.00
8,000.00
2.000.00
2,000.00
20,800.00
10.000.00
10.000.00
14,200.00
' 10,000.00
15,100.00
7,260.00
8,200.00
8,200.00
18,700.00
10,000.00
10,000.00
10.000.00
10,000.00
12.260.00
0,600.00
10,000.00
10.000.00
11,000.00
10.000.00
10,000.00
$184,030.00
$107,400.00
$185,506.50
$84,000.00
$20,000.00
$25,200.00
60,586.00
88,700.00
88,700.00
28,026.00
14,500.00
14,600.00
26,860.00
16.600.00
15,500.00
62,660.00
66.000.00
65,000.00
7,200.00
10,000.00
7.000.00
16.068.00
11,700.00
18,700.00
18,060.00
16,000.00
10,000.00
14,860.00
27,500.00
16,600.00
9,800.00
10,000.00
10,000.00
2,188.00
6,900 00
1,900.00
80,000.00
20.000.00
22.000.00
18,600.00
10,000.00
10,000.00
19,600.00
20.000.00
20.000.00
11,600.00
6,000.00
11.500.00
16,800.00
10,000.00
10,000.00
17,800.00
10,OUO.OO
10,000.00
0310.00
7,000.00
7,000.00
6,560.00
10,200.00
10300.00
$882,726.00
$826,000.00
$818,700.00
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162
BANK COMMI88IONXB8' REPORT.
SOHBDULB OF BONDS AND STOCKS OF THB NEW HAMPSHIRE
SAVINGS BANK.— Otmtinu«d.
STOCKS.
Estimated
Market Value.
Par Valne.
Valoe on
Books.
Mavufactubing.
AffnAf>v Mn.nnf AAtnrincr fin
$8,630.00
30,134.00
30.800.00
760.00
4,600.00
6,630.00
6.360.00
1.776.00
8,640.00
7,730.00
16,766.00
8,900.00
14,600.00
8,0004»
6,000.00
6,0004»
6.000.00
1,000.00
7,300.00
8,00Q.00
18,700.00
18,000.00
$8,000.00
18,0004N)
14,600.00
1,600.00
4,0784)0
6,900410
6,0004)0
1,0004)0
74004)0
8,0004)0
18,700.00
BJSO0.W
Amoskeag Manaf aotarlng Co
Border Ony Manafaoturlng Co.. Fall
River* Mam
Oontoooook Manafaotaring & Me-
Jaokson Manafaotarinflr Co., Nashua
Ijowell Mannf actarlnff Co
MftMuinhnRAtf R Ontton Mlllii
Maasaohnsetts MilU In Georgia
Osborne Mills, Fall River, Mass
fltaiiV Mills ManGheater
Sasramore Mannfaotaring Co., Fall
River Mass
Pa0a Heltinff Co.. common -
MiSOBLLANBOVS.
$103,766.00
$96,900.00
$88,878.00
BAllAvllla Water Tmat. Ill
$6,000.00
3,460.00
8,600.00
$6,000.00
7,000.00
$6,000.00
8>004)0
Wellington Water Works, Kan
OnlTinvKa.lli*nA.d Rrldore Co
$16,960.00
$17,000.00
$30,6004)0
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BANK COM1II8BIONBIIS BEPOBT.
163
V IPSWICH SAVINGS BANK.— NEW IPSWICH.
M A. Pbbstok, President. Fbank W. Pbestok, Treasurer.
, Henry O. Preston, Francis W.
, Frank W. Preston, John Preston,
MarshaU, William H. Wilson.
O. Preston, Francis W. Prichard,
w*^*EMENT.
LiaMlities.
%ue depositors
rfand
ent
$40,188.89
8,600.00
4,674.48
$48,468.87
680.00
$47,788.87
$40,188.89
8,600.00
4,674.48
$48,468.87
Assets.
Estimated i>ai.VAinA Value on
Market Value.! J**' Value. booIlb.
1
cured by local real estate . .
personal security (local) . .
bonds (Atchison 1st and 2ds)
neons bonds ( N. H. Trust Co.)
Lte bv foreclosure
$24,688.04
1,480.00
8,120.00
8.200.00
11,000.00
1,000.00
8,109.06
888.27
$24,668.04
1,480.00
6,000.00
6,000.00
11,000.00
1,000.00
8,109.06
886.27
$24,688.04
1,480.00
8,000.00
4,000.00
11,000.00
1,000.00
8,100.06
886 27
ite purchased (bank build-
deposit in national banks. . .
liand
$47,788.87
$51,463.87
$48,463.87
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164 ba2xk commi88ionbbs' bepobt.
Statement of Deposits, Eabnings, and Expenses
(Sinee lati Bxamination)
From August 7, 1895, to June 26, 1896.
Amount of deposits at date of last examination . $39,221^^
Amount and rate of dividends declared, 3 per cent 1,135^2
Amount of deposits receired 2,680.46
S42,937.54
Amount of withdrawals 2,748.65
Amount of deposits at close of business June 25, 1896 $40,188.89
Gross income $1,871.10
Salaries, rents, and incidentals . $445.59
State tax 9.10
Local taxes 176.62
Western taxes 81.20 712.51
Net earnings $1,158.59
Dividend, January, 1896 1,135.52
To surplus $23.07
Surplus and interest, last examination $4,651.41
Increase 23.07
Surplus and interest, present examination $4,674.48
Incorporated 1849.
Examination June 25, 1896, by John Hatch.
Treasurer's bond, $25,000. Date of bond, July 24, 1894.
Annual compensation of treasurer, $300.
Indebtedness of trustees as principal, nothing ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company,
$4,667.91.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $38,168.04.
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BANK GOMMI88IONBBS REPORT.
165
NEWPORT SAVINGS BANK.— NEWPORT.
G. Carlton, President Georoe E. Lewis, Treasurer.
I — Henry G. Carlton, Isaac A. Reed, Dexter Richards,
ind Wheeler, Francis Boardman, Joshua W. Booth, A. S.
Henry P. Coffin, Dana J. Moonej, Seth M. Richards,
;e E. Lewis, Franklin P. Rowell, A. O. Whitney, Samuel D.
, Alfred J. Grould, Patrick Herrick.
I .
ent Committee — Dexter Richards, Henry G. Carlton, Francis
[man, Dana J. Mooney, Patrick Herrick.
STATEMENT.
Liabilities,
110 dfinosifcom. .. •.......•••
$028,771.99
40,000.00
16,881.73
26,878.00
$628,771.99
40,000.00
15,861.72
fond •
$708,011.n
$679,688.n
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
ured by western mortgages
}ured by looal real estate.,
personal security (local).,
collateral security (local)
collateral security (west-
city, town, and district
bonds
leous bonds
5k
stock ..
uring stock
leous stocks
\
teby foreclosure
idgments
leposit In national banks.,
land
$186,120.01
68,854.00
29,428.60
21346.00
89,614.14
127,088.00
6,415.00
46,880.00
87,276.00
120.080.00
1,750.00
6,000.00
276.00
54,808.62
5,000.00
10,888.57
1,898.97
$706,011.71
$186,120.91
68,854.00
29,428.60
21,846.00
89,514.14
122.600.00
9,000.00
49,500.00
84,500.00
80,000.00
8,500.00
6,000.00
275.00
54,808.62
5,000.00
10,888.67
1,898.97
$667,228.71
$186,130.91
68,854.00
29.428JS0
21,845.00
89,514.14
122,060.00
8,000.00
46,660.00
40.185.00
01,860.00
8,500.00
6,916.00
276.00
54.808.62
5,000.00
10,888.67
1.896.97
$679,688.71
•tj'fl '••
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jti^-l ^■■-
166 BANK COMMI88IOKBB8' RBPOBT.
Statement of Deposits, Eabnings, and Expenses
{Binee la&t RxmrninutUm)
From August 12, 1895, to September 17, 1896.
Amoant of deposits at date of last examination 9710,956.71
Amount and rate of dividends declared, 3 per cent. . 20,318.65
Amoant of deposits received 78,362.08
$809,637.44
Amoant of withdrawals 185,865.45
Amoant of deposits at close of basiness Sept. 17, 1896 $623,771.99
Gross income $39,326.97
Interest paid oat $26.83
Salaries, rents, and incidentals 2,492.50
State tax 4,874.51
Local taxes 12.99
Western taxes 1,924.40
Foreclosare expenses .... 1,233.29
Redaction of book yalaes 8,517.00
19,081.52
Net earnings $20,245.45
From sarplas 73^
Dividends October, 1895, and April, 1896 . $20,318.65
Sarplas and interest, last examination $15,934.92
From sarplas 73.20
Sarplas and interest, present examination . $15,861.72
Incorporated 1868.
Examination Sept 17, 1896, by John Hatch and Thomas J. Walker.
Treasarer's bond, $65,000. Date of bond, Feb. 7, 1890.
Clerk, C. H. Hanton.
Annaal compensation of treasurer, $1,600.
Annaal compensation of clerk paid by treasurer.
Indebtedness of trustees as principal, $18,160 ; as surety, $2,595.
Largest amount loaned to any individual, corporation, or company,
$25,000.
Amount of loans secured by mortgage in this state at a rate not
exceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $114,122.50.
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BANK COMMI88IONSB8' REPORT.
167
rLB OP BONDS AND 8TO0K8 OP THB NEWPORT SAVINGS
BANK.
BONDS.
Estimated
I Market Valae,
Par Value.
Value on
Books.
OOUNTT.
Arizona, 78...
Col., 78
a,N. M.,68...
tol.,78
ttl.,68
CiTT AHD Town.
68
68
Neb., 68
Idaho, 68
City, Kan., 78
rgh, Wa8h.,68
tab, 58
d,Cal.,Ss
8
School Dnraicr.
rka, N. Dak.. 68
Qty, No. 12, Neb., 68
I, No. 1, Col., 68
inty , No. 1, Col., 78
»r. No. 4, Wyo., 78
i County, No. 17, Col., 68.
ge County, No. 10, Mont., 68
laa County, No. 1, Col., 6s..
Bailboad.
»n. Cedar Rapids A North-
n Central, 68
MlSCMLLANBOUS.
\n Beach Hotel A Land
ipshire Trust Co., deb., 68 . .
It Cemetery Association, 68
onsolldated Electric Co., 6e
a vestment Co., deb., 6|8
itan Railway Co., Denver, tfs
) Securities Co., deb., Kan-
', Mo., 48 and 68
Street Railway, 68
STOCKS.
Bank.
ional. Newport
nty National, Neb
Bad National, Nashua
$6,000.00
6,800.00
6,000.00
8,000.00
6,000.00
$28,890.00
$28,188.00
640.00
10,200.00
6,200.00
1,000.00
6,200.00
6,400.00
6,000.00
4,200.00
$64,028.00
$8,060.00
6,160.00
6,160.00
8,160.00
4,000.00
6,100.00
6,100.00
8,000.00
$88,720.00
•4,040.00
1,876.00
$6,416.00
$6,000.00
7,200.00
6,000.00
10,000.00
6,000.00
8,080.00
6,000.00
6,150.00
$46,880.00
$22,800.00
18,876.00
600.00
$6,000.00
6,000.00
6,000.00
8,000.00
6,000.00
$28,000.00
$26,100.00
600.00
10,000.00
6,000.00
1,000.00
6,000.00
6,000.00
6,000.00
4,000.00
$61,600.00
$8,000.00
6,000.00
6,000.00
8,000.00
4,000.00
6,000.00
6,000.00
8,000.00
$88,000.00
$4,000.00
6,000.00
$9,000.00
$6,000.00
6,000.00
6,000.00
8,000.00
4,660.00
$22,660.00
$26,100.00
600.00
10,000.00
6,000.00
1,000.00
6,000.00
4,900.00
4,900.00
4,000.00
$61,400.00
$8,000.00
6,000.00
6,000.00
8,000.00
4,000.00
6,000.00
6,000.00
8,000.00
$88,000.00
$4,000.00
4,000.00
$8,000.00
$7,600.00 I
9.000.00 '
6,000.00 I
10,000.00
6,000.00
8,000.00 I
6,000.00 *
6,000.00 I
$7,600.00
6,810.00
4,900.00
10,000.00
6,000.00
8,000.00
4,860.00
6,000.00
$49,500.00
$46,660.00
$16,200.00
18,600.00
800.00
$20,886.00
18,500.00
800.00
$87,276.00
$84,500.00
$40,186.00
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168
BANK GOMMI88IONEB8 REPORT.
SCHEDULE OP BONDS AND STOCKS OP THE NEWPORT SAVINGS
BAJXK,— Continued,
STOCKS.
Estimated
Market Value.
Par Value.
Bailboad.
Michinn Central
Norwich A Worcester
Cleveland A Pittsburgh
Chicago A Alton, common
Pittsburgh, Port Wayne A Chicago
Manchester ft Lawrence
Northern i
Chicago, Milwaukee A St. Paul, pref
Manufaotubiho.
Page Belting Co., pref
MlSOMLLANBOUS.
Denver Consolidated Electric Co. . •
$5,680.00
7,600.00
17,000.00
28.n5.00
15,500.00
2,M0.00
41,525.00
6,260.00
$120,080.00
$1,750.00
$6,2004)0
4.000.00
11,000.00
16,800.00
10,000.00
1,000.00
27,600.00
5,000.00
$8,000.00
$80,000.00
$8,600.00
$6,000.00
Value on
Books.
$6,200.00
4,000.00
11,0004)0
10,0004)0
2,1004)0
86360.00
6.900.00
$91,860.00
$6.9164)0
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BANK COMMI88IONEB8' REPORT.
169
«WAY PLAINS SAVINGS BANK— ROCHESTER.
I1E8 Greenfield, President. H. M. Plumer, Treasurer.
N^athaniel Burnham, James Farring-
Orrin A. Ho3rt, John Greenfield,
of Trustees.
[•EMENT.
lAdbUities.
\t dae deposltoni
ityfnnd
It
■ment
8,000.00
8,297.14
$706,860.70
7,617.18
$806,1420(7
$889,882.68
8,000,00
8,297.14
$706,860.70
Assets.
Estimated
Biarket Value.
Par Value.
Value on
Books.
by western mortgages
by local real estate . .
>nal security (local) . .
teral security (local),
town, and district
I
bonds
stocks
foreclosure
^^Jtshased: bank build-
Iztures
•n deposit in national banks. . .
$87,827.44
68,180.40
67,688 JM
24,160.00
116326.00
110,026.00
208,460.00
8,608.00
1,148.00
16,660.00
24,764.81
8,201.78
1360.00
20,668.71
$806,142.67
$87,827.44
68,180.40
67,688JM
24,160.00
110,000.00
127.500.00
222300.00
6,900.00
6,800.00
11,000.00
24,784.81
8,201.78
1360.00
20,668.71
$714,628.67
$37,827.44
68,180.48
67388JM
24,160.00
112,866.00
122,089.78
216,076.00
6,900.00
1,888.87
16,866.00
24,784.81
8,201.78
1,860.00
20,658.71
$706,660.70
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170
BANK COMMI88IOiniB8' BBPOBT.
Statement of Deposits, Eabnings, and Expenses
(Sinee la»t SoMminatianJ
From Sept 17, 1896, to Oct. 2f7, 1896.
Amount of deposits at date of last examination $705,02!
Amoont and rate of dividends declared, 3 per cent. . 20,301
Amount of deposits received 91,70i
S817,03i
Amoont of withdrawals 127,67!
Amomit of deposits at close of business Oct. 27, 1896 . $M9,36!
Gross income
Interest paid out
Salaries, rents, and incidentals
State tax 1895 and 1896 .
Local taxes
Western taxes .
Foreclosure expenses
Premiums charged off
Reduction of book values
Carried to guaranty fund .
. $497.78
. 3,264.74
. 10,065.23
. 125.82
106.62
241.87
700.00
. 1,912.94
. 2,000.00
$41,191
18,911
Net earnings
Dividends, November, 1805, and May, 1896
$22,28^
20,30i
To surplus $1,971
Surplus and interest, last examination
Increase
Surplus and interest, present examination
$6,311
1,971
$8,29^
Incorporated 1851.
Examination Oct. 27, 1896, by John Hatch.
Treasurer's bond, $60,000. Date of bond, Aug. 1, 1896.
Clerks, Sarah M. Guppey, Ernest N. Groodwin.
Annual compensation of treasurer, $1,900.
Annual compensation of clerks, paid by treasurer.
Indebtedness of trustees as principal, nothing ; as surety, nothing
Largest amount loaned to any individual, corporation, or compi
$24,000.
Amount of loans secured by mortgage in this state at a rate
exceeding five per cent, per annnm, $7,000.
Total amount loaned or invested in New Hampshire, $129,268.^
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BANK COMKiaSIOMKBS' BSPOBT.
171
BDULB OF BONDS AND STOCKS OF THB NOBWAY PLAINS
SAVINGS BANK.
BONDS.
Bstimated
Market Value.
Par Valae.
Value on
Booka.
OouifTT.
Utah, 6a
CiTT AND TOWH.
,Wa8h.,58
L Waah.,68
Id , Oregon, 6a
ke City, Utah, 6a
nUe,Ind.,44a
o, 111., sanitary district, 44« . . .
School Distbict.
lines, Iowa, independent, 5s.. .
Bailboad.
o, Milwaukee A St. Paul, Dn-
e, D.68
0 ft Great Western, 6s
D, of Massachusetts, 6s
ork A New England, 6s
1 Washington, 66
le ft Palonse, 6b
>n, Topeka ft Santa F6, gen.
I
3n, Topeka ft Santa F6, ad-
lent , 4s
lati, Hamilton ft Dayton, 5s . .
■d ftMontreal,4B
ha ft Michigan Southern, 4s.. .
MiSCBLLANBOCS.
md City Cable Bailway, 5s. . . .
kStreet Bailway,6s
w Union Street By., Mich., 6s.
Qd Gas ft Bleo. Co., Minn^ 7s..
k>wn Water Sup. Co., N. Y., 6fl.
Water Co., Col., 6s
, Water Works Co., N. Y., 6s.. .
noogaCity Water Co.,Tenn.,68
law Water Co., Little Bock,
or Bapid Transit By. Co., 6s.
i Water Co., Mont., 6s
Qouth Water Co., Keb., 48..
Water Co., Ohio, 6b
eph Water Co.. Mo., 6s
I water Co., Wis., 6s
&polis Water Co., Kan., 4s. . .
ifie Water Co., Wis., 5s
11- Champ Investment Co., j
,deb.. 68 !
oan ft Trust Co., deb.. 6s
ampshire Trust Co., deb., 48. . '
Id Mortgage ft Trust Co.,
6s
End Rtreet By. Co., Mass., 5s..
$16,000.00
$».«>•.»
$16,800.00
$81,585.00
$21,000.00
$21,000.00
11,100.00
10,000.00
11,100.00
22,400.00
80,000.00
22,000.00
20,600.00
20,000.00
20,000.00
4,000.00
4,000.00
8,765.00
10,200.00
10,000.00
10,000.00
$a0,826.00
$85,000.00
$87,865.00
$10,600.00
$10,000.00
$10,000.00
$18,860.00
$15,000.00
$16,000.00
10,200.00
10,000.00
10,000.00
12,000.00
10,000.00
12,000.00
5,800.00
5,000.00
5,000.00
4,000.00
10,000.00
10,000.00
28,000.00
25,000.00
28,000.00
8,800.00
5,0004»
4,000.00
826.00
2,500.00
968.76
5,260.00
5,000.00
5,000.00
15,000.00
15,000.00
15,000.00
20,000.00
26.000.00
20,500.00
$118,025.00
$127,600.00
$122,068.76
$20,800.00
$20,000.00
$19,660.00
15,000.00
15,000.00
14,700.00
10,000.00
10,000.00
10,000.00
5,000.00
5,000.00
5,000.00
8,000.00
8,000.00
8,000.00
5,000.00
5,000.00
4,875.00
15,000.00
15,000.00
15,000.00
5,000.00
6,000.00
5,000.00
5,000.00
5,000.00
5,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
9,900.00
8,000.00
10,000.00
10,000.00
12,000.00
15,000.00
15,000.00
10,000.00
10,000.00
10,000.00
16,000.00
15,000.00
15,000.00
12,000.00
15,000.00
15,000.00
10,000.00
10,000.00
10,000.00
2,600.00
5,000.00
4.000.00
10,000.00
10,000.00
10,000.00
14,400.00
18,000.00
14,000.00
j 760.00
1,500.00
760.00
I 5,200.00
5,000.00
6,200.00
1 $208,450.00
$222,500.00
$216,076.00
»ii'' lj
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172
BANK COMMiaSIONEBS REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE NORWAY PLAIl
SA VINOS BANK.— Okm<intt«d.
STOCKS.
Estimated
Market Valne.
Par Valae.
Valne
Book
Bank.
Rochester National, Rochester
$6,608.00
$5,900.00
$5,1
Railroad.
Atchison. Toneka & Ranta P4. ...... r .
$1,148.00
$5,600a»
$i;
MiSOBLLANBOUS.
West End Street By., Boston, pref... .
Naahna Tmat Co Naahna
$10,860.00
5,000.00
6,000.00
5,000.00
'V.
$16,660.00
$11,000.00 1 $15,]
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174
BANK GOMMIBBIONBBS' BXPOBT.
Statement of Depositb, Eabnings, and Expenses
C8ine9 toft BaoaminaHon)
From September 2, 1896, to August 11, 1896.
Amount of deposits at date of last examination . S120,2I
Amount and rate of dividends declared, 4 per cent 4,6^
Amount of deposits received 12,01
Amount of withdrawals
Amount of deposits at close of business Aug. 11, 1896
Gross income
From guaranty fund
J;l37,01
25,62
$111,31
$6,91
7(
•7,61
Interest paid out ....
$68.80
Salaries, rents, and incidentals
638.09
State tax
960.88
Local taxes
16.82
Western taxes ....
81.60
Foreclosure expenses
66.80
Losses charged off .
1,013.01
Carried to guaranty fund
492.06
Net earnings ....
From surplus
.
331
Dividends October, 1896, and April, 1896
Surplus and interest, last examination
From surplus
$43^
2(
$4,6^
2,61
2(
Surplus and interest, present examination $2,31
Incorporated 1868.
Examination Aug. 11, 1896, by John Hatch and Thomas J. Wa
Treasurer's bond, $30,000. Date of bond. May 11, 1892.
Assistant treasurer, George I. Philbrick.
Annual compensation of treasurer, $260.
Annual compensation of assistant treasurer, $260.
Indebtedness of trustees as principal, $8,401.68; as surety,
623.04.
Largest amount loaned to any individual, corporation, or com[
$3,986.80.
Amount of loans secured by mortgage in this state at a rate no
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $77,000
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BAKK COMMI88IONEBS' BBPOST.
176
JB OF BONDS AND STOCKS OF THE 088IPEE VALLEY TEN-
CENTS SAVINGS BANK.
BONDS.
Estimated
Market Valne.
Pap Valae.
Valne on
Books.
Railboad.
T^ftller. Mftine. fttt -
$1,200.00
$1,000.00
$1,000.00
HI80SLLAHB0U8.
[land,
n.yV,
'go.;
,' Au-
Ban-
p Co.,
$2,800.00
610.00
1,600.00
600.00
8^000:00
2,100.00
2,100.00
$2,000.00
1,600.00
600.00
1,000.00
8,000.00
2,000.00
2,000.00
$2,000.00
600.00
1,500.00
600.00
1,000.00
8,000.00
2,000.00
2,000.00
STOCKS.
$18,010.00
$17,600.00
$17,600.00
Bank.
National, Kansas City
$1,200.00
800.00
$1,600.00
800.00
$1,600.00
800.00
$1,600.00
$1,800.00
$1,800.00
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176
BANK COMMI88ION1SB8' RBPOBT.
PEOPLE'S SAVINGS BANK [GUARANTY].— MAN-
CHESTER.
Person G. Cheney, President. Geo. B. Chandleb, Treasurer,
Trustees — Person C. Cheney, Moody Carrier, Elijah M. Topliff,
Abraham P. Olzendam, Henry M. Patney, Charles H. Bartlett,
John B. Yarick, Greorge F. Elliott, George B. Chandler, Joseph
L. Stevens.
Investment Committee — ^Moody Carrier, Elijah M. Topliff, Henry
M. Patney.
STATEMENT.
LiaJbUities,
Amoant dae depositors
Guaranty fond
Interest
Dividends unpaid
Premium
•704,682^
100,000.00
4S,676.40
180.00
14,806.35
$868,227.82
Assets,
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mortgagres
Loans secured by local real estate.. .
Loans on personal security (local). . .
Loans on personal security (western)
Loans on collateral security (local) .
Countv, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Bailroad stock
Manufacturing stock
Miscellaneous stocks
Real estate by foreclosure
Cash on deposit in national banks. . .
Cash on hand
$484,497.00
96,006.00
161,890.76
86,577.62
70,820.00
21,700.00
89,280.00
30320.00
18,960.00
89,616.00
2,662.00
12^50.00
90.6U.00
32.579.09
800.15
$868,227.62
$484,497.00
26,606.00
101,890.76
85.577.62
70,820.00
90,000.00
41,000.00
22,000.00
21.000.00
85^00 00
2,600.00
10,000.00
90,611.00
22,579.09
809.15
$865,190.62
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178
BANK COMMIB8ION1IB8' BEPOBT.
SCHBDULE OF BONDS AND STOCKS OF THE PEOPLE'S SAYINGS
BANK.
BONDS.
Estimated
Market Value.
Par Valae.
Valae on
Books.
City and Town.
OlavelAnd Ohio 41h
$10,600.00
11,200.00
$10,000.00
10.000.00
$10,000.01
Qolnnibiis Ohio fis.
10,000.00
RaIXjROAD.
$21,700.00
$30,000.00
$90,000.00
$2,150.00
7,080.00
$6,000.00
6,000.00
80,000.00
$4,448.76
■Chicago, BarlinKton & Qulnoy, 78. . . .
Chicago, Borllngton A Qaincy, 58. . . .
6,000.00
39,976.00
$89,280.00
$41,000.00
$40,418.76
Naahoa Card A Glased Paper Co., 68.
New HamDshire Tra8t Co.. 48
$16,000.00
4,820.00
$16,000.00
6,000.00
$16,000.00
1.00
STOCKS.
$20,820.00
$22,000.00
$16,001.00
Bank.
Littleton National
$1,500.00
6,760.00
1,100.00
6,000.00
4,600.00
$1,000.00
6,000.00
1,000.00
10,000.00
4,000.00
$1,000.00
First National. Peterboroash
6,O0OXW
Berlin National Berlin
1,000.00
Merchants' Nat'l, Kansas City, Mo...
LiAconla National I^aoonla .■.■•.•....
6.000.00
4,000.00
$18,060.00
$21,000.00
$16,000.00
Chicago A Northwestern, common . .
Chicago. Barllngton A Qaincy
Boston ^ Maine, common, t t ■,
io,8oo!oo
10,000.00
10,000.00
$6,000.00
10300.00
10,000.00
Illinois Central.'
0,800.00
M ▲ WfTVAm*fTB.nt A.
$89,616.00
$86,800.00
$86,000.00
Manchester Mills
$2,662.00
$2,600.00
$3,600.00
MiSCSLLANBOUB.
Adams Rxpress Co. , , , . , t . . » -r . t r t
$7,8W.00
6,600.00
$6,000.00
6,000.00
$6,000.00
American Express Co
6,O0OiM>
$12,860.00
$10,000.00
$10,OOOjOO
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BANK G0MMIS8I0MEBS REPOBT.
179
ERBOROUGH SAVINGS BANK.— PETERBOROUGH.
.BS H. Bbooks, President. M. L. Mobbison, Treasurer.
les — Charles H. Brooks, George W. Farrar, William G. Liv-
bon, Ebenezer W. Mcintosh, George H. Scripture, James M.
onings, Charles S. Pierce, John Q. Adams, Ehen W. Jones,
rge A. Hamilton, Lewis P. Wilson, M. L. Morrison.
rnent Committee — Charles H. Brooks, Greorge W. Farrar,
nezer W. Mcintosh.
STATEMENT.
Liabilities.
dae depositors .
ty fund
♦777.260.87
4,018.86
86.526.27
Dent. .
$817,799.99
4,489.76
$818,860.28
$777,280.87
4,018.86
86,625.27
$817,790.90
Assets.
Estimated
Market Value.
Pap Value.
Value on
Books.
m mort-
$174,717.26
51,479.02
7,674.00
18,671.25
15,220.00
6.582.00
84,200.00
6,600.00
97.485.70
62,416.00
116,429.00
45.698.00
40,468.87
15,625.00
61,272.92
13,600.00
1,000.00
66,888.80
1,188.88
$174,717.26
51,479.02
7,674.00
18,671.26
16,220.00
6,582.00
80,000.00
6,000.00
97,666.70
68,700.00
128,275.00
87..^00.00
76,200.00
17,560.00
61,272.92
18,600.00
1,000.00
66,838.80
1,138.88
$174,717.26
51,479.01
7,674.00
18,671.26
15,220.00
5,682.00
85.200.00
5,460.00
98,526.66
1 estate...
(local)...
(wenterD)
y (local).,
ty (west-
"district*
56,017.00
120,120.00
42,689.00
88,884.62
19,578.65
ikbuiidiiig
61,272.92
18,600.00
1,000.00
i banks..
66,888.80
1.183.88
$818,860.28
$867,829.86
$817,799.90
Rnjoined by Sapreme Court from receiving and paying deposits.
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180
BANK COMMI88IONEB8' REPORT.
Statement op Deposits, Earnings and Expenses
(Since last Examination)
From June 19, 1895, to August ^ 1896.
Amount of deposits at date of last examination
Amount and rate of dividends declared, 2^ per cent.
Amount of deposits received
Amount of withdrawals
$820,331.59
12,226.30
13,706.86
$846,264.74
69,003.87
Amount of deposits at dose of business Aug. 4,
1896 $777,260.87
Gross income
Interest paid out .
Salaries, rents, and incidentals
State tax
Local taxes .
Western taxes
Foreclosure expenses
Premiums charged off .
Losses charged off
$60.00
3,208.86
6,890.90
292.74
2,681.98
2,638.48
1,320.00
900.63
$49,648.42
Net earnings
Dividend July, 1895
To surplus
Surplus and interest, last examination
Increase
Surplus and interest, present examination
16,993.49
$32,654.93
12,226.30
$20,428.63
$16,096.64
20,428.63
$36,625.27
Incorporated 1869.
Examination Aug. 4, 1896, by John Hatch.
Treasurer's bond, $80,000. Date of bond, April 24, 1893.
Clerk, Nellie F. Cunmiings.
Annual compensation of treasurer, $1,200.
Annual compensation of clerk, $1.26 per day.
Indebtedness of trustees as principal, $100 ; as surety, nothing.
Largest amount loaned to any individual, corporation, or company,
$21,200.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent, per annum, $3,000.
Total amount loaned or invested in New Hampshire, $171,892.98.
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BANK 0OMM188IONEB8 REPORT.
181
EDXTIiE OF BONDS AND STOCKS OF THE PETEBBOBOUOH
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Value.
Unitbd Statbs,
States, 4b
State.
County.
i» Wyo., 6s
9, Wash., 6s
:oL,68
ftter, Wyo., 68
0, Wye, 68
.Wash., 6s
Is8.,6s
Jtah, fis
City and Town.
reles, Cal., 58
Fla., 7s
Wash., 6s
a, Mont., 68
t,Ky., 7 8-108
as, Texas, 7s
:e City, Utah, 68....
Denver. Col., 6s
'orks, N. Dak., 6s ..
, Fla., 7s
Is, Cal., 6s
ty, Neb.,68
1, Dak., 7s
rexas, 6s
rou£b,58
n, Wash., 6s
i.N.C.,6s
School District.
County, No. 72, Dak., 88
D, Gallatin County, No. 7,
,68
ille, Utah, 68 i...
Baiuioad.
Washington, 68
le, St. Louis & Southern, 6s. .
», BurlluKton & Quincy, 48. . .
I, Milwaukee A St. Paul, 7s.. .
S Burlington A Northern, 6s.
Q, Topeka & Santa F6, 4s
), Burilnffton A Quincy, 68
atl. Hamilton A Dayton. 6s.. .
[1, Topeka & Santa f6, adjust-
•, Burlin^on A Quincy, 78.
$84,200.00
$30,000.00
$5,600.00
$2,200.00
2,250.00
2,000.00
5,260.00
2,100.00
6,800.00
1,000.00
5,100.00
$26,200.00
$5,000.00
4,600.00
8,160.00
8.160.00
2,240.00
600.00
5,160.00
6,600.00
5,160.00
2,000.00
2,000.00
6,680.00
. 1,060.00
1.060.00
4,160.00
5,600.00
5,200.00
$62,080.00
$1,965.70
4,200.00
8,090.00
$9,266.70
$10,000.00
7,000.00
960.00
10,400.00
2,576.00
6,240.00
5.200.00
6,180.00
1.460.00
2,400.00
$52,415.00
$5,000.00
$2,000.00
2,000.00
2,000.00
5,000.00
2,000.00
6,000.00
1,000.00
5,000.00
$25,000.00
$5,000.00
4.000.00
8,000.00
8.000.00
2,000.00
5,000.00
5,000.00
6,000.00
6,000.00
2,000.00
2,000.00
6,600.00
1,000.00
1,000.00
4.100.00
5.000.00
6,000.00
$68,600.00
$1,065.70
4,000.00
8,000.00
Value on
Books.
$85,200.00
$6,450.00
$1,990.00
2,000,00
1,040.00
6,000.00
2.000.00
5,990.00
1,000.00
5,000.00
$24,920.00
$5,000.00
4,000.00
8,000.00
3,000.00
1,940.00
8,000.00
4,812.50
6,000.00
6,000.00
2,000.00
2,000.00
6,010.00
1.000.00
1,000.00
2.980.96
5,000.00
4,987.50
$50,680.96
$1,925.70
4.000.00
8,000.00
$8,965.70
$8,926.70
$25,000.00
$17,600.00
7,000.00
6,980.00
1,000.00
420.00
8,000.00
8,000.00
2,500.00
2,600.00
8.000.00
6.934.00
5,200.00
6.216.00
6,000.00
6,000.00
4,000.00
1,618.00
2,000.00
2,000.00
IN.
liM*
lil- ■
''
M
$68,700.00
$66,017.00
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182
BANK COBOnSSlONEBS' BEPOBT.
BCHBDULB OF BONDS AND STOCKS OF THB PBTEBBOBOUOB
SAVINGS BANK.— Cbnlinued.
BONDS.
Estiinated
Market Yalae.
Par Value.
MiSOBLLANBOUB.
Phoenix Water Works, 111., 68
Streator Aqaedact Co., 111., 68
Knoxvllle water Works, Tenn., 68. . .
New Hampshire Trust Co., deb., 48. .
Palrmount Cemetery Association,
Denver, 6s
Grand Forks Gas A Electric Co., 6s. .
Atlas Tack Co.. Boston, 6s
Denver Consolidated Electric Co., 6s
Western Farm Mortgage Trust Co.,
deb., 6s
Burlington Electric Lighting Co.,
Iowa, 7s
Beatrice Beal Estate & Trust Co., 6s
Omaha Street Bail way. Neb., 6s
Saginaw Union Street Hallway,
Mich., 6s
Merrimack Valley Street Hallway,
Mass.. 58
Watervliet Turnpike & Bailway Co.,
N.Y.,6s
Salt Lake Bapid Transit Co., Utah, 6s
Fidelity Building & Loan Associa-
tion, Denver, deb., 7s
Portland Consolidated Street Ball-
way, Or., 68
Evans ville Street Bailway, Ind., 68. .
North End Water Co., Tacoma, 7s. . .
Salt Lake City Street Bailway,
Utah, 6s
Cleveland City Cable Bailw ay, 58 —
Metropolitan Street Bailway, Den-
ver, 6s
Investment Trust Co. of America,
Topeka, deb., 68
United States Cordage Co., N. J..6s. .
United States Cordage Co., N. J., 6s. .
Lincoln Street Bailroad, Neb., 5b ... .
STOCKS.
Bank.
First National, Peterborough
Hillsborough National
Monadnook National, East Jaffrey.
Citizens' National, Keene
Souhegan, Milford
Blchardson County National, Neb..
First National, Francestown
Bailboad.
Chicago. Burlington & Quincy
Chicago & Northwestern, common . .
Chicago, St. Paul, Minneapolis A
Omana, pref
Central Paciflc
Union Pacific
Atchison, Topeka & Santa F4
Fitohburg, pref
Atchison, Topeka & Santa F6, pref.. .
$6,000.00
6,000.00
1,000.00
8,600.00
2,000.00
8,000.00
2,100.00
5,000.00
2,147.00
6,000.00
1,260.00
2,000.00
6,000.00
7,000.00
6,600.00
6,000.00
6,000.00
6,260.00
5,000.00
2,000.00
5,060.00
5,100.00
10,000.00
12,000.00
882.00
8,600.00
$115,429.00
$14,Sl0.00
15,000.00
10,100.00
700.00
2,600.00
2,600.00
488.00
$45,688.00
$16,006.60
8,120.00
6,400.00
800.00
850.00
2,025.00
4,487.60
2,180.87
$6,000.00
6,000.00
1,000.00
4,600.00
2,000.00
8,000.00
2,000.00
6,000.00
4,275.00
6,000.00
2,500.00
2,000.00
5,000.00
7,000.00
6,000.00
6,000.00
6,000.00
6,260 JW
6,000.00
2,000.00
5,000.00
5,000.00
10,000.00
16.000.00
8.200.00
650.00
7,000.00
$128,276.00
$10,600.00
11,800.00
10,100.00
600.00
2,600.00
2,000.00
$87,600.00
$21,900.00
8,000.00
6,000.00
5,000.00
5,000.00
15,000.00
5,000.00
11,800.00
$40,4684r7
$76,200.00
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COMMISSIONEBS' REPORT.
183
\ AND STOCKS OF THE PETERBOROUGH
INGS BANK.— CdnliniMd.
Estimated
Market Value.
Par Value.
Valae on
Booka.
cOo....
$4,000.00
2,026.00
8,700.00
888 8
$4,024.00
4,749aS6
6,800.00
merlca.
$16,626.00
$17,660.00
$10,678.66
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184
BANK COMMI8SIONEB8 REPORT.
PISCATAQUA SAVINGS BANK.— PORTSMOUTH.
E. P. Kimball, President. W. C. Frazer, Treasurer,
Trustees — E. P. Kimball, J. H. Broughton, J. H. Hatchinson, A.
F. Howard, E. C. Spinney, H. A. Yeaton, Wallace Hackett, E.
B. Philbrick, Jos. O. Hobbs, Lewis E. Staples, C. A. Hazlett,
F. R. Drake.
Investment Committee — ^E. P. Kimball, J. H. Broughton, J. H.
Hutchinson, Wallace Hackett, C. A. Hazlett.
STATEMENT.
Liabilities.
Amonnt dae depositors
Onaranty fand
Interest
Impairment
$606,871.01
80,000.00
8.616.50
$628,966.60
2.772.84
$626,218.76
Assets.
Estimated
Market Valae.
Par Value.
Value on
Books.
Loans secured by western mortgages
Loans secured bj local real estate.. .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security (local) . .
Loans on collateral security (west-
em)
Countv. city, town and district bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Real estate by foreclosure
Certificates of deposit
Cash on deposit in national banks... .
Cash on hand
$185,850.00
54,650.00
81.060.00
9.221.68
71,608.20
8,500.00
81.172.04
48,085.00
46,164.60
25.780.00
72.226.41
25,000.00
16.678.28
1.421 JO
$626,218.76
$186,850.00
54,650.00
81,060.00
9,221.68
71,606.20
8,500.00
79,402.04
51,180.00
86,740.00
82,600.00
72,226.41
26,000.00
15,678.28
1,421.80
$625,124.26
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186
BAKK COMMISSIONERS BBPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE PISCATAQUA SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
COXTHTT.
DouKlas, Kan., 6s
Doniphan, Kan., 6s
Travis, Texas, 68
Larimer, Col., 6s
Paeblo, Col., 68
SuUy. 8. Dak.. 7s
Alexander, 111., 6s
Cnster, 8. Dak., 68
Jackson, Ind.,6s
City and Town.
Paris, Texas, 6s
Paris, Texas, Ss
Leavenworth, Kan., 6s
Sedgwick, Kan., 6s
Windsor, ill., 6s
Ottawa Township, Ohio, 6s
Blanchard, Ohio, 68
Superior, wis., 68
SedaUa, Mo., 6s
School Distbict.
Paola, Kan., 6s
Salt Lake City, Utah, 58. . . .
MiSCBLLANBOUB.
Johnson Loan & Trust Co., deb.. 68 . .
Sioux Falls Water Co.. So. Dak., 6s..
Kansas City Investment Co., deb., 68
Indianapolis Water Co., Ind., 5s
Jamestown Water Supply Co., 6s ... .
Independence Water works. Mo., 5s
National Water Works, N. Y., 68
STOCKS.
Bank.
New Hampshire Nat*l, Portsmouth.
National Mechanics A Traders',
Portsmouth
First National, Portsmouth
Central National, New York
Merchants' Nat'l, Kansas City, Mo. .
Bockingham National, Portsmouth.
MiSCBLLANBOUB.
Newton Water Works, Newton, Kan.
Independence Water Works Co., Mo.
Washington Bealty Co., Wash., Ist,
preferred
Washington Bealty Co., Wash., 2d,
preferred
$700.00
8.000.00
7,000.00
5.100.00
7,210.00
8,000.00
2,692.04
5,150.00
8.800.00
$87,663.04
$10,600.00
2,000.00
68000
2,700.00
8,080.00
8,240.00
1,000.00
8,120.00
2,000.00
$88,220.00
$6,160.00
6,160.00
$10,800.00
$4,400.00
4,000.00
2.475.00
25,000.00
2,000.00
2,000.00
8,160.00
$48,086.00
$2,780.00
6,460.00
80,806.00
8,109.50
8.800.00
1,170.00
$46,164.60
$4,980.00
10,800.00
10,600.00
$25,780.00
$700.00
8,000.00
7,000.00
6,000.00
7,000.00
8,000.00
2,69294
5,000.00
8,800.00
$87,192.94
$10,000.00
2,000.00
600.00
2.700.00
8,000.00
8,000.00
1,000.00
8,000.00
2,000.00
$82,800.00
$5,000.00
5,000.00
$10,000.00
$5,520.00
4,000.00
4,600.00
25,000.00
2,000.00
2,000.00
8,160.00
$51,180.00
$2,100.00
4.200.00
20.900.00
2.700.00
5,940.00
900.00
$86,740.00
$6,000.00
5,800.00
10300.00
10,600.00
$82,600.00
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188 BANK commissioners' REPORT.
Statement of Deposits, Earnings, and Expenses
(Since last ExaminaHonJ
From June 19, 1895, to May 28, 1896.
Amount of deposits at date of last examination . $364,887.34
Amount and rate of dividends declared, 3^ per cent. 10,817.09
Amount of deposits received ... . . 48,440.86
$424,145.29
Amount of withdrawals 84,276.47
Amount of deposits at close of business May 28,
1896 $339,868.82
Gross income $20,474.69
Interest paid out $619.48
Salaries, rents, and incidentals . . 1,559.66
State tax 2,522.63
Local taxes . . . . . . 56.00
Western taxes 1,001.36
Foreclosure expenses and insurance . 657.62
Premiums charged off . . . 173.48
Carried to guaranty fond . . . 1,000.00
7,590.23
Net earnings $12,884.46
Dividend April, 1896 10,817.09
To surplus $2,067.37
Surplus and interest, last examination . . $3,759.26
Increase 2,067.37
Surplus and interest, present examination . . $5,826.63
Incorporated 1855.
Examination May 28, 1896, by Alpheas W. Baker.
Treasurer's bond, $45,000. Date of bond, Sept. 8, 1892.
Clerk, Hattie E. Boyd.
Annual compensation of treasurer, $1,400.
Annual compensation of clerk, paid by treasurer.
Indebtedness of trustees as principal, $18,273.36; as surety, $9,-
468.48.
Largest amount loaned to any individual, corporation, or company,
$20,000.
Amount of loans secured by mortgage in this state at a rate not eX'
ceeding five per cent, per annum, $2,600.
Total amount loaned or invested in New Hampshire, $204,138.74.
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BANK GOMMIS8IONEB8' REPORT.
189
)F BONDS AND STOCKS OF THE PITTSFIELD SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
COUKTT.
.. 7e
$8,000.00
8,060.00
8,000.00
1,000.00
$8,000.00
8,000.00
8,000.00
1,000.00
2,000.00
$8,000.00
8,000.00
8,000.00
1,000.00
2,000.00
h., 68
s.... ...................
m. 7s
AKD Town.
$10,060.00
$12,000.00
$12,000.00
\ 7g
$1,600.00
1,040.00
$1,600.00
1,000.00
$1,500.00
1,000.00
, Utah, 5s
OL DiSTBICT.
$2,540f00
$2,600.00
$2,500.00
fo. 1. Col.. 8a
$1,080.00
$1,000.00
$1,000.00
^IliBOAD.
Southeastern, 7s
rd & Montreal, 68
;hillicothe. fis
-
$2,000.00
7,200.00
600.00
700.00
800.00
$2,000.00
6,000.00
600.00
1,000.00
400.00
$2,000.00
6,000.00
500.00
750.00
800.00
,68
t>anon A Northern, 58..
ZaiXANKOUB.
$10,700.00
$9,900.00
$9,560.00
2trlcal Constmction
$5,000.00
2,000.00
1,000.00
2,000.00
8,600.00
1.000.00
5,760.00
4,072.50
8,600.00
1.850.00
2,000.00
8,000.00
1,000.00
$5,000.00
2,000.00
1,000.00
2,000.00
5,000.00
1.600.00
7,200.00
4,072.60
8,600.00
1,600.00
2,000.00
8,000.00
1,000.00
$5,000.00
1,950.00
1,000.00
1,860.00
5,000.00
1,600.00
5.600.00
8,060.00
8,500.00
1,600.00
2,000.00
8,750.00
1,000.00
¥orks, Kan., 68
r Works, N. Y.. 68
Supply Co., Kan., 68..
iter Co., N. T.. 68
re Trust Co., deb., 48. .
itment Co., deb., 68. . . .
a & Trust Co., deb., 6s.
k Land Co.. deb., 68....
ment Co., deb., 78
lolidated Street RaU-
..68
fcSon, 58
STOCKS.
$85,182.60 $38,772.50
$86,210.00
Bakk.
ktlonal, Manchester.. . .
lonal Dover r »
1
$1,260.00 $1,000.00
160.00 200.00
$1,000.00
200 00
Lailboad.
$1,410.00
$1,200.00
$1,200.00
$80.00
$1,000.00
$260.00
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190
BAl^ G0MMI88I0NSBS REPORT.
PLYMOUTH GUARANTY SAVINGS BANK.— PLY-
MOUTH.
Charles H. Bowles, President. R. E. Smythe, Treasurer.
Trustees — Charles H. Bowles, A. M. Kidder, George H. Adams,
Davis B. Keniston, Fred P. Weeks, H. C. Carrier, Charles J.
GU>ald, John Mason, Scott N. Weeks, Frank L. Hughes, Benja-
min Sanborn.
Investment Committee — Charles H. Bowles, Davis B. Keniston,
George H. Adams.
STATEMENT.
Liabilities.
Amoant dae depositors
Guaranty fond
Interest
Premiam
$296,088.49
86,000.00
7,18i.l6
6,400.00
$848,667.66
Assets,
Estimated
Market Value.
Par Value.
Value on
Books.
Loans seoured by western mortgragres
Loans secured by local real estate . .
Loans on personal secarlty (local) . .
Loans on collateral secarlty (local) .
County, city, town, and district
bonds
$60,784.00
21,178.26
18,700.00
12,866.00
68,066.00
76,600.00
1,060.00
16,660.00
16,880.00
2,740.00
15,600.00
4,226.67
14.650.00
29,200.00
150.00
16,048.88
$60,784.00
21,178.25
18,700.00
12,866.00
60,600.00
70,000.00
1,196.00
18,400.00
18,100.00
10,000.00
4,226.07
14,660.00
29,200.00
160.00
16,048.88
$60,784X0
21,178.25
18,700.00
12,866.00
62,126.00
71,960.00
966.00
Railroad bonds
Miscellaneous bonds
Bank stock
17,600.00
15,604il0
4JS0OU»O
11.640.00
Railroad stock
Manufacturings stock
Miscellaneous stocks
Warrants
Real estate bv foreclosure
4,2M.M
14.660.00
Real estate purchased
29,900.00
Cash in hands of iuTesting agents... .
Cash on deposit in national banks. . .
15OJ0O
16,048.88
$848,567.66
$824,897.66
$887,167.66
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BANK COMMI88IONSB8 REPORT.
191
TATEMENT OF DbPOSITB, EIaBIONGS, AND EXPENSES
(8inee la§i Examination)
From September 12, 1895, to October 7, 1896.
t of deposits at date of last examination . $296,196.35
t and rate of dividends declared, 3 per cent.,
al 12,318.16
t of deposits received 116,530.24
$425,044.74
t of withdrawab 130,011.25
t of deposits at close of business, Oct 7,
$1,287.30
1,220.71
4,893.60
477.62
227.47
525.00
Lpril and Oct, 1896
[nation
$295,033.49
$20,490.72
examination
8,631.70
$11,859.02
459.13
$12,318.15
$7,593.29
459.13
$7,134.16
rhomas J. Walker.
Date of bonds, November, 1889,
1895.
rer, $600.
icipal, $2,000 ; as surety, $3,400.
; amount loaned to any individual, corporation, or company,
65.
t of loans secured by mortgage in this state at a rate not
)ding five per cent, per annum, nothing,
mount loaned or invested in New Hampshire, $71,287.25.
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192
BANK GOMMISSIONEBS' REPORT.
SOHEDULE OF BONDS AND STOCKS OF THE PLYMOUTH GUARANTY
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Valae.
Value on
Books.
County.
Cascade, Mont., 6s
Jefferson, Wash., 6s
Milwaukee. Wis., 68
Hancock, 111., 68
Rook Island, 111., 58
City and Town.
Dayton, Wash., 6s
Oly mpia. Wash. , 6s
New Whatcom, Wash., 6s
Decatur, 111.. 68
School Distbict.
Kingrs County, No. 105, Wash., 78
Railboad.
Chicago, Rock Island & Paciflc, 6s. . .
Chicago, Milwaukee & St. Paul, 58. . .
Iowa Central, 68
Chicago A Northwestern, 68
Concord A Montreal, 4s
Chicago & Western Indiana, 6s
Wabash. 5s
St. Paul & Northern Paciflc,'6s
MiSCBLLANBOUS.
Crlppen, Lawrence A Co., deb., 6s... .
STOCKS.
Bank.
Pemigewasset National, Plymouth . .
Wasmngton National,Spokane Falls,
Wash
Union National, Minneapolis, Minn..
Railboad.
Pemigewasset Valley
Chicago, St. Paul, Minn. A Omaha,
pref
Chicago, Milwaukee A St. Paul, pref.
Manufactubing.
Amoskeag Mfg. Co
Trenton Potteries Co., N.J
MiSCBLLANBOUS.
Proctor A Gamble Co., Cincinnati,
pref
$6,250.00
5,160.00
5,260.00
5.150.00
10,600.00
$81,800.00
$5,260.00
5,260.00
6,600.00
5,260.00
$21,260.00
•616.00
$10,800.00
11,000.00
9,860.00
11,000.00
5.000.00
5,760.00
10.600.00
12,200.00
$76,600.00
$1,060.00
$15,000.00
200.00
1.860.00
$16,650.00
$4,080.00
6,000.00
6.800.00
$16,880.00
$1,490.00
1.260.00
$2,740.00
$16,500.00
$5,000.00
5,000.00
6,000.00
5.000.00
10,000.00
$30,000.00
$5,000.00
5,000.00
5,000.00
6.000.00
$20,000.00
$500.00
$10,000.00
10.000.00
10,000.00
10,000.00
5,000.00
5,000.00
10.000.00
10,000.00
$70,000.00
$1,196.00
$10,000.00
400.00
8,000.00
$18,400.00
$8,100.00
6,000.00
6.000.00
$18,100.00
$1,000.00
2.600.00
$8,600.00
$10,000.00
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BANK COMMI80IONKB8' BBPOBT.
193
RTSMOUTH SAVINGS BANK.^P0RT8M0UTH.
i. Fbink, President. 6. Ralph Laiohton, Treasurer.
39 — Charles H. Mendam, John Sise, Joseph W. Peirce, D. F.
iwicky Moees A. Safford, John S. H. Frink, 6. Ralph Laighton.
Kent Committee — Board of Trostees.
W I
STATEMENT.
Liabilities.
due depoaitorB.
yfand
I
$8,860,168.19
180,000.00
fi8,867^
64,028.60
$8,962,066.60
Assets.
Estimated
Market Value.
Par Value.
ecnred by western mort-
tcnred by local real estate...
1 personal security (local}..
I collateral security (local)..
n collateral secarfty (west-
Itates bonds...
nds
city, town, and district
neons bonds
)ck
neons stocks
ste by foreclosure
ftte purchased
t>alances
ludgments
deposit in national banks. . .
hand
$880,677.84
688,020.10
105,781.79
90,216.99
80,000.00
67.000.00
186,000.00
1,214,609.76
897,700.00
59,428.88
12,660.00
816,686.99
10,600.00
7,872 J»
8,1764)9
87,482.28
14,964.45
$880,677.84
688,020.10
106,782.79
00,215.99
80,000.00
60,000.00
126,000.00
1,167,160.76
485,200.00
45,888.88
28,600.00
816,685.99
10,600.00
7,872JS5
8,1764)9
87,482.28
14,984.45
$8,962,065.66
$8,986,971.66
$8,660,169.19
185,000.00
62,867.97
$8,888,087.16
Value on
Books.
$880,677.84
688,020.10
105,762.79
80,216.89
80,000.00
58,662.60
126,000.00
1,165,445.75
406,688.00
45,808.88
12,260.00
816,585.89
10,600.00
7,872 J»
8,176.08
87,482.28
14.884.46
$8,898,087.16
'i- *
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194 bank gommi88ioneb8' report.
Statement of Deposits, Earnings, and Expenses
(Sinee la«l Examination)
From April 29, 1895, to April 13, 1896.
Amount of deposits at date of last examination . $3,700,551.23
Amount and rate of dividends declared, 3 per cent. 108,448.15
Amount of deposits received 498,725.59
$4,307,724.97
Amount of withdrawab 647,555.78
Amount of deposits at close of business, April 13,
1896 $3,660,169.19
Gross income — Interest, $158,070.97 ; rents, pre-
miums, etc., $10,083.76 $168,154.73
Interest paid out $3,415.61
Salaries, rents, and incidentals . 12,558.53
State tax 24,598.28
Local taxes 273.19
Western taxes ..... 6,875.37
Foreclosure expenses, repairs and insur. 9,623.68
Premiums charged off . . . 2,976.12
60,320.78
Net earnings $107,833.95
From surplus 614.20
Dividends, June and December, 1895 . $108,448.15
Surplus and interest, last examination . $53,482.17
From surplus 614.20
Surplus and interest, present examination . $52,867.97
Incorporated 1823.
Examination April 13, 1896, by Board of Bank Commissioners.
Treasurer's bond, $50,000. Date of bond, Feb. 15, 1896.
Clerks, A. C. Hoyt, H. F. Boynton, M. G. Ridge.
Annual compensation of treasurer, $2,800.
Annual compensation of clerks, $3,550.
Indebtedness of trustees as principal, $65,600 ; as surety, $5,600.
Largest amount loaned to any individual, corporation, or company,
$61,000.
Amount of loans secured by mortgage in this state at a rate not
exceeding five per cent, per annum, $260,504.55.
Total amount loaned or invested in New Hampshire, $1,107,432.21.
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BANK COMIOSSIONBBS' KBPOBT.
196
ULB OP BONDS AND STOCKS OF THE P0BT8MOUTH SAVINGS
BANK.
BONDS.
I Bstiinated
Market Valae,
Par Value.
Unitxd Btatbs.
States, 6s
State.
I
ihusettSy 51s
County.
der, Ill.,6s
U.,4s
d. Col., 78
OUo.As
•se. Con,6s
l.IU.,es
C0I..6S
t. Col., 78
ffliaiii,48
City avd Towk.
111.. 68
n. Neb., 68
»ii8, Neb., 68
d,48
bare, Kan., 68
',Col.,4s
SprlniBrs, Kan., 68
spoils, Ind., 4s
ipolis, Minn., 4s
^4s
Kven, Conn., 48
I, Kan., 68
!ket,B. I.,4s
oath, school, 4s
oath, water, 48
oath, manloipal, 4s. . .
rs. Ind., 78
111., 68.
kplds^Kan., 68
ille, Kan., 78
head, Mass., 4s
Mich., 68
»8ter, Mass., 4s
I, Mo., 68
ter,48
.Wash.. 6a
Q, Kan., 68
80, Kan., 78
1, Kan., 78
.Ohio. 58
Kan., 68
ir,ni..68
m, Kan., 6s
ipolis, Minn., 4s
, Mass., 48
I, Mass., 48
port, Conn., 4s
n, Conn., 4s
ount eatriBd forward,
$57,000.00
$26,000.00
110,000.00
$186,000.00
$274.66
51,000.00
5,800.00
10,000.00
5,060.00
600.00
7.000.00
8,000.00
18,760.00
$98,964.66
$2,848.00
10,600.00
43t0.00
68,600.00
9,000.00
10,800.00
7,000.00
18,800.00
7,430.00
25,760.00
21,400.00
80,160.00
1,080.00
78,180.00
28,840.00
8,000.00
6,000.00
1,000.00
8,000.00
5,000.00
8,000.00
9,000.00
25,760.00
26,000.00
15,000.00
6,000.00
2.000.00
5,720.00
5,000.00
6,700.00
5,000.00
68,000.00
20,600.00
26,000.00
26,600.00
20,400.00
$60,000X10
$25,000.00
100,0 —
$125,000.00
$874.66
5,000.00
10,000.00
5,000.00
690.00
7,000.00
8,000.08
12,600.00
$98,864.66
$2346.00
4,000X10
60,000.00
9,000.00
10,000.00
7,000.00
18,000.00
7,000.00
25,000.00
20,000.00
4,500.00
29,000.00
1,000.00
71,000.00
28,000.00
8,000.00
6,000.00
1,000.00
8,000.00
5,000.00
8,000.00
80,000.00
9,000.00
25,000.00
25,000.00
15,000.00
6,000X0
2,000.00
5,600.00
5,000.00
6,700.00
5,000.00
60,000.00
20,000.00
25,000.00
25,000.00
20,000.00
$586,146.00
Valae on
Books.
$25,000.00
100,000.00
$125,000.00
$874.66
60,000.00
5,000.00
10,000.00
5,000.00
690.00
6,680.00
8.000.00
12,600.00
$97,904.66
$2,846.00
10,000.00
4,000.00
60,000.00
9.000.00
10,000.00
6,900.00
18,000.00
7,000.00
20,OOOX»
4,600.00
29,000XM>
1,000.00
71,0
8,000.00
6,000.00
8,000.00
5,000.00
8,000.00
8O,O0OXN)
8,960.00
25,000.00
15,000.00
6,000.00
2,000.00
5,600.00
5,000.00
6,700.00
5,000.00
49.000.00
19,776.00
25,000.00
90,O0OXN)
y
$584,801.09
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196
BJLNK OOMHISSIOVXBS' SEPOBT.
SCHEDULE OF BONDS AND STOCKS OF THE PORTSMOUTH SAVINGS
BAIUK.— Continued.
BONDS.
Estimated
Market Value.
Par Value.
City and Town.— Continued.
Amount brought forward
Cambrldgre. Mass., park, 4a
Cambridfire> Mass., water, 4s
Providence. R. I., 48
Lawrence, Mass., 48
Bay City, Mich., 4s
Danbnry, Conn., 4s
Franklin, 4s
Haverhill, Mass., 48
Woonsocket, R. I., 4s
Lowell, Mass., 48
Manchester, 48
Toledo, Ohio, 5s
Toledo, Ohio, 44s
Farmin^rton, 48
Melrose, Mass., 4s
School Distbict.
Bent Coanty, No. 14, Col., 88
Columbus, Ohio, 6s
Coolldffe, No. 1, Kan., 7s
Christian, No. 6, Mo., 88
Dawson, No. 11, Neb., 78
Pitkin County, No. 1, Col., 78
Duluth, St. Louis County, Minn., (ta
Duluth, Minn., 4^8
MiSCSLLANBOUS.
Bessemer Ditch Co., Col., 78
Galena Gas Light Co., 111., 58
Lamar Land A Canal Co., Col., 78. . . .
Lake Gas Co., Chicago. 111., 68
Municipal Gas Light Co., Rochester,
N. Y.,68
Winchester Land Associates, Mass.,6s
Western Irrigation A Land Co.,
Kan., 78
Alton Water Works, 111., 68
Atlantic Water Co., Iowa, Ex-
tendedtJs
Bucyrus Water Works, Ohio, 68 ... .
Carthage Water Works, Mo., 68
Iowa Water Co.. Ottumwa, Iowa, 68. .
Homer Water Supply Co., N. T., 5e. .
Joliet Water Works. 111., 68
Leavenworth City A Fort Leaven-
worth Water Co.. Kan., 58
Lexington Hydraulic & Manufactur-
ing Co., Ky., 68
Marseilles Water Power Co.. 111., 68.
National Water Works Co., N. Y., 68
Newton Water Co., Kan., 68
Niles Water Works, Mich., 78
Nyack Water Works, N. Y., 6a
Omaha Water Works, Neb., 68
Owego Water Works, N. Y., 68
Salina Water Works, Kan., 68
Wlikefleld Water Co., Mass., 58
$604,626.09
27,000.00
54,000.00
11,100.00
58,600.00
17,510.00
S6,000iXW
515.00
27,060.00
26,000.00
68,500.00
106,000.00
22,880.00
1,000.00
12,800.00
$887,700.00
$586,146.00
25,000.00
50.000.00
10,600.00
50,000.00
17,000.00
25,000.00
600.00
25,000.00
25,000.00
60.000.00
100,000.00
850.00
22,000.00
1,000.00
12,000.00
$1,048,875.09
$909,486.09
$908,151.08
$4,040.00
$4,000.00
$4,000.00
10,800.00
10,000X0
10.000.00
12.000.00
12,000.00
12.0004M>
1.080.00
1,000.00
1,000.00
8.800.00
8,800.00
8,800.00
16,000.00
16,000.00
16,000.00
28,100.00
22,000.00
22,000.00
1,000.00
1.000.00
1.000.00
$70,770.00
$69,800.00
$69,800.00
$10,000.00
$10,000.00
$8.7«0^
25,000.00
25,000.00
25,000.00
25.000.00
25,000.00
25.000.00
24,000.00
24,000.00
24,000.00
5,000.00
6.000.00
5,O0OUI0
4,000.00
4,000.00
8,680.00
15,000.00
16.000.00
15.000UM>
18,000.00
18,000.00
12,870.00
10,000.00
10,000.00
10.000.00
40,000.00
40,000.00
40.000.00
80,000.00
80,000.00
29,700 00
80,000.00
80.000.00
80,000.00
2,400.00
8,200.00
8,000.00
1,000.00
1,000.00
l,OOOUM>
15.000.00
15,000.00
15,000.00
16,800.00
21,000.00
21,000.00
9,000.00
9,000.00
d,8no.oo
87.000.00
37,000.00
87.000.00
7,600.00
80.000.00
15,000.00
10.000.00
20.000.00
10,000.00
7,000.00
7.000.00
7,000.00
21,000.00
21.000.00
21,000.00
20,000.00
20.000.00
20.000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
8,908.00
$485,200.00
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BANK C0MMI88I0NEB8' REPORT.
1»7
EDULE OF BONDS AND STOCKS OF THE PORTSMOUTH SAVINGS
BANK.— C^iinued.
STOCKS.
Estimated
Market Value.
Par Valae.
Valoe on
Books.
Bank.
»s' A Traders',
$81,720.00
2,618.88
4,786.00
20.410.00
$24,400.00
1,988.88
8,800.00
16,700.00
$34,870.00
1,988.88
ational, Ports-
imOUth T.TT .--T--
8,800.00
ftl. Portsmoath..
15,700.00
TBOUS.
$50,428.88
$45,888.88
$45,808.88
txt Co
$2,000.00
6,600.00
4.050.00
$2,000.00
6,600.00
20,000.00
$2,000.00
1 Electric Co....
id Co
6,200.00
4,050.00
$12,660.00
$28,600.00
$12,260.00
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198
BANK COMMISSIONERS REPORT.
PORTSMOUTH TRUST AND GUARANTEE COMPANY.—
PORTSMOUTH.
Frank Jones, President.
Samuel J. Gerrish, Treasurer.
Trustees — Frank Jones, Moses H. Goodrich, Samuel J. Gerrish,
Chas. B. Gafney, Chas. A. Sinclair, Calvin Page, Ezra H.
Winchester, Jastin V. Hanscom, Chas. P. Berry.
Investment Committee — Board of trustees.
STATEMENT.
Liabilities.
Amoont due depositors
Quaranty f and
Interest
Sarplas
Unpaid dividends
Premiam
$1,086,478.64
100,000.00
7,160.64
68,666.90
16,160.68
$1,273,044^1
$1,006,478.64
100,000.00
7.160.64
62,666.30
668.00
$1,256,884.28
Assets.
Estimated
Market Valae.
Par Valne.
Valne on
Books.
Loans secared by western mort-
gafires
Loans seonred by looal real estate.. .
Loans on personal seouritv (local).. .
Loans on personal secarity (west-
em)
Loans on collateral security (local)
Loans on collateral security (west-
em)
Count V, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Miscellaneous stocks
Warrants
Real estate by foreclosure
Oash on deposit in national banks. . .
Cash on hand
$206,835.76
118,170.00
189,800.00
148,225.00
16,206.76
166,669.00
68.920.00
266,660.00
2,948.88
11,660.00
2,600.00
12,087.27
64.640.47
6,66940
8,400.89
$1,272,044.81
$206,886.76
118,170.00
189,800.00
148,226.00
16,206.76
168,900.00
56,600.00
278,000.00
2,688.88
14,000.00
6,000.00
12,087.27
64,640.47
6,669.88
8,400.89
$1,272,846.81
$9r 8,644.22
118,170.00
189,800.00
68,688.52
148,226.00
16.205.75
167,576.00
66,200.00
268,905.00
2.588.38
9,450.00
2,600.00
12,087.27
64,640.47
6.660 JB
8,400.39
$1,266,884.28
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BANK OOMMISBIONIfiBfl BEPOBT.
199
Statement of DEPoerrs, Earnings, and Expenses
(Sinee la»t KxaminationJ
From AprU 17, 1895, to March 23, 1896.
it of deposits at date of last examinatioii . 919032,645.87
it and rate of dividends declared, 3f per cent 35,644.98
It of deposits receired 262,549.32
it of withdrawab
»1,330,840.17
234,361.63
^nnt of deposits at close of bosiness March
1,1896
ncome
t paid out •
s, rents, and incidentals
BX . . . .
n taxes
)sare expenses
ims chai^d off .
ad to guaranty stockholders
$1,903.80
3,136.37
8,324.42
1,333.03
2,688.60
66.75
6,000.00
$1,096,478.54
$64,081.29
23,352.97
earnings $40,728.32
lends July, 1895, and January, 1896 . . 35,644.98
nrplus ....
i and interest, last examination
le
$5,083.34
$54,734.40
5,083.34
S59,817.74
i and interest, present examination
)rated 1871.
aation March 23, 1896, by Alpheos W. Baker and John Hatch.
rer's bond, $100,000. Date of bond, Feb. 13, 1893.
Howard Anderson.
I compensation of treasurer, $1,500.
i compensation of clerk, $900.
Mlness of trustees as principal, nothing ; as surety, $69,500.
t amount loaned to any individual, corporation, or company,
000.
it of loans secured by mortgage in this state at a rate not
eding five per cent, per annum, $6,000.
imount loaned or invested in New Hampshire, $165,673.33.
/:
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r-;
I.
I".
r
! !■■.
'^
¥.
■I
It
1:
: ■»
■ »
I
h
I:
: • i
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200
BANK 0OMMI88IONEB8' SBPOBT.
SCHEDULE OF BONDS AND STOOKS OF THR POBTBMOUTH TBU8T
AND GUARANTEE COMPANY.
BONDS.
Estimated
MarketValue.
Par Value.
Value on
Books.
OOUWTY.
Ohehaltff. Watth..ffff.. . ,
$10,600.00
270,00
2,600.00
1.000.00
6.000.00
700.00
8,670.00
9.090.00
8.100.00
8.989.00
$10,000.00
800.00
2,600.00
1.000.00
5,000.00
700.00
8.600.00
9.000 00
2,000.00
8,900.00
$10,0004)0
800.00
San Miguel, N. M., 68
Summit'. Col.. 78. .... ^ ................. r
2,600.00
1,000.00
6,000.00
700.00
Bernalillo, N. M., 68
Clallam. Wa8h..68
Sagnache, Col, 78
Sierra. N. M.. 6a
8,600.00
8,650.00
9,000.00
8.900.00
Montrose, Col., 68
Asotin. W aah . . 6a
Chaffee, Col., to
City and Town.
$88,669.00
$87,900.00
$87,460.00
liOiran Cltv. Utah . Ra
$10,000.00
10,800.00
21,000.00
16,760.00
10,600.00
5.400.00
11,060.00
16,800.00
5,260.00
$10,000.00
10,000.00
20,000.00
16,000.00
10.000.00
6,000.00
10,000.00
16.000.00
6,000.00
9,625.00
19,900.00
16,000.00
^000.00
16*000.00
6,000.00
SaU Lake City. Utah. 6e
Port Townsend. Wash., to
Dayton. Wash.. 68
Redlands, Cal.,to
Oeden Citv. Utah. 68
Bedford. Ind to
New Whatcom. Wash., 6^
Pairhaven. IVash to........
School Distbict.
$106,000.00
$101,000.00
$100325J»
Salt Lake Citr. Utah. 5s
$10,900.00
10.700.00
$10,000.00
$93»^
10AX».00
Chehalis County, No. 6, Wash, to
Railroad.
$20,900.00
$20,000.00
$19,800.00
Northern Paclflc. to
$5,760.00
46,170.00
7,000 J»
$5,000.00
40,600.00
10,000.00
40,600.00
9,700.00
Portsmouth, Great Falls A Conway,
4i9
Duiuth Transfer, to ......... .
$68,920.00
$65,500.00
$56,200.00
Eastman Freight Car Heater Co.,
Maine, to.....
$21,000.00
5,000.00
18,600.00
10.000.00
6,260.00
10,000 J»
10,000.00
2.000.00
10.000.00
12.000.00
26,000.00
7,000.00
4.000.00
10,000.00
$20,000.00
6,000.00
16.000.00
10.000.00
5.000.00
10,000.00
10,000.00
10,000.00
i2)ooo!qo
25,000.00
7,000.00
4,000.00
10,000.00
$20,000.00
6.000.00
16 000.00
Leeds Improyement A Land Co.,
Sioux City, to
Central Loan A Land Co., Kan.,
deb., 68
Hurley Water Co., Wis., to
Xenia Water Co.. Ohio, to
10,000.00
5,000.00
Emporia Electric & Gas Light Co.,
Kan., to •
9,715.00
9,800.00
9,800.00
10,000.00
12,000.00
24,600.00
6,720.00
8,960.00
10.000.00
Wichita Union Stock Yards Co.,
Kan., 78
Kingman Water A Power Co., Kan., to
Streator Aqueduct Co., 111., to
Front St. Cable Ry. Co.. Seattle, to...
Eyansyille Street Ry ., Ind., to
Newton A Boston Street Ry ., Mass.. 6e
Winchester Land Associates, Mass.,
6s
Minneapolis Terminal Eleyator Co.,
Minn., 78
Amount carried forward
$144,760.00
$158,000.00
$161,605.00
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BANK COMMnSIOMrafl' BEPOBT.
201
>ULE OF BONDS AND STOCKS OF THE PORTSMOUTH TRUST
AND GUARANTEE COMPANY.— CkmKniiMl.
BONDS.
Estimated i>..i7«h,A
Market Value. P»p Value.
Value on
Books.
1
iil 1
$168,000.00
20,000.00
10,000.00
16,000.00
6,000.00
40.000.00
16.000.00
16.000.00
$161,606.00
18,000.00
9,800.00
14,700.00
4.900.00
40,000.00
16.000.00
16,060.00
STOCKS.
$106,660.00
$278,000.00
$268,906.00
Bank.
litan National, Boston
mpshire Nat'l, Portsmouth. .
Mechanios' & Traders'.
lOQth. .-T..T...TT.... ...........
ill
$1,000.00
1,888.88
200.00
$1,000.00
1,888.88
200 00
Raiuioad.
$2,948.88
$2,688.88
$2,688.88
nth ft Dover
$11,260.00
4004X)
6|000;00
$9,000.00
460 00
KCiflO 'fr T.T....t...T
MiSCBLLANKOUS.
$11,660.00
$14,000.00
$9,450.00
lonal Loan ft Trust Co.,
iCfty, Mo
$2,600.00
$6,000.00
$2,600.00
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202
BANK COMMI88IONBB8' BBPOBT.
♦PUBLIC GUARANTY SAVINGS BANK.— NEWPORT.
Gbobge H. Babtlett, President. P. A. Johnson, TrecLsurer.
Trustees — Greorge H. Bartlett, William C. Stocker, C. M. Emerson,
William H. Perry, H. B. Cheney, Francis Dodge, S. H. Cutting,
W. T. Thissell, A. P. Marshall.
Investment Committee — C. M. Emerson, William H. Perry, Greorge
H. Bartlett
STATEMENT.
Liabilities.
Amoantdoe depositors
Ooaranty fvind
Interest
Unpaid diyidends
Doe banks and bankers
Premium
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mortgra^s
Loans secured by local real estate. . .
Loans on personal security (local) . .
Loans on collateral security (west-
em)
$82,787.57
20.981.00
20,842.00
6,608.82
18,840.94
8,000.00
8.798.00
4,750.00
708.88
48.867.26
8.000.00
542.28
2,087.17
$62,787.57
20,961.00
20,842.00
5,668.62
18,440.94
8,000.00
4,000.00
5,600.00
708.89
48,867.26
8,000.00
542.28
2.087.17
$62,787.57
20,961UN)
20,842.00
5,668.02
CouDty, city, town, and district
bonds
18,440 JM
Miscellaneous bonds
8,000.00
Bank stock
8,260.00
4,760.00
708.88
Miscellaneous stocks
IXTappAiitfl .••••••.•••
Real estate bv foreclosure
48,867.26
8,000.00
542.28
2,087.17
Real estate purchased
Cash in hands of inyestin^r agents. . .
Cash on deposit in national banks. . .
$199,828.68
$200,875.68
$196,875.68
* In liquidation.
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BANK COMMI88IONEB8' KEFOBT. 203
FATEMENT OF DePOSITB, EaBNINOB, AND EXPENSES
(Since laet Examination)
From October 29, 1896 j to June 2, 1896.
t of deposits at date of last examination . $254,567.31
b of deposits received in txansfer of accounts
M>rrection of errors 928.51
iT order of supreme
$255,495.82
86,681.81
business June 2, 1896 $168,814.01
45.22 ; rents, $425.90 $11,171.12
. $1,563.61
. 4,813.29
. 1,234.86
7,611.76
ination .
$3,669.36
$1,326.31
3,569.36
1: examination .
$4,885.67
John Hatch and Thomas J. Walker.
^ate of bond, April 19, 1895.
«heU.
rer, $875.
, paid by treasurer.
Dcipal, $6,800 ; as surety, $8,500.
individual, corporation, or company,
ortgage in this state at a rate not ex-
num, $20,000.
mount loaned or invested in New Hampshire, $48,233.
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2(H
BANK COMMI88IOMSB8 REPORT.
SOHBDULB OF BONDS AND STOCKS OF THE PUBLIC GUARAI
SAVINGS BANK.
BONDS.
Estimated
Biarket Value.
Par Valae.
COUKTY.
Bagrle.Col., 7s
Oarfleid, Col., 78 ,
CiTT AND Town.
Olenwood Sprlngrs, Col., 88
Watertown, S. Dak., 88
School Distuot.
Whitman Coonty, No. 18, Wash., 68..
Whitman County, No. 116, Wash., 88.
Huerfano County, No. 9, Col., 78
MXSCKLLA NKOUS.
Consolidated Electric & Power Co.,
Kansas City, Kan., 88
Dakota Investment Co., deb., 6is —
Des Moines Water Power Co., Iowa,6s
New York A Brooklyn Suburban
Investment Co., N. Y., 68
STOCKS.
Bank.
Merchants' National, Kan. City, Mo.
Citisens* National, Newport
MiSCXLLANKOUS.
International Loan & Trust Co.,
Kansas City
New England Loan A Trust Co.,
Des Moines, pref
Denver Consolidated Electric Co. . . .
Northern Banking Co., Portland, Me.
Capital Fire Insurance Co., Concord
$^250.00
2,660.00
$7,900.00
$6,000.00
2,900.00
$7,900.00
$540.94
600.00
2,000.00
$8,040.94
$1,000.00
2,000.00
2,000.00
8,000.00
$8,000.00
$460.00
8,848.00
$8,708.00
$600.00
1,600.00
2,000.00
260.00
600.00
$4,750.00
$5,000.00
2,600 J»
$7,600.00
$5,000.00
2,900.00
$7,900.00
$540.94
600.00
2,000.00
$8,040.94
$1,000.00
2,000UN)
2,000.00
8,000.00
$8,000.00
$900.00
8,100.00
$4,000.00
$1,000.00
1,500.00
2,0OOU)O
600.00
600.00
$5,600.00
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BAIVK COMMISSIONBRg' BSPOBT.
205
ROCHESTER SAVINGS BANK.— ROCHESTER.
Standlby, President. S. D. Wentwobth, TVeasurei*.
assets.
Eatiinated
Market Valne.
Par Value.
Valne on
Books.
Item mort-
$68,468.86
47,989.20
10,666.01
^000.00
29,958.00
88,600.00
18,600.00
12,784.84
10,000.00
88.02
•68,468.86
47,988.90
10,666.01
6,000.00
29,958.00
88,600.00
82,000.00
12,784.84
10,000.00
88.02
$68,468.86
47,988.90
10,666.01
5,000.00
29,968.00
88,600.00
25,000.00
12,784.84
10,000.00
88.08
real estate..
Pity (local)...
irfty (west-
arity (local).
[T©
$221,888.98
$240,288.96
$288,288 J8
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206 BANK commissioners' report.
Statement of Deposits, Earnings, and Expenses
(Sinee last Examination)
From October 7, 189S, to October 26, 1896.
Amount of deposits at date of last examination . $232,090.18
Amount and rate of dividends declared, 3 per cent. 6,755.43
Amount of deposits received 14,543.08
$253,388.69
Amount of withdrawals . . . . 41,725.38
Amount of deposits at dose of business Oct. 26,
1896 $211,663.31
Gross income $12,709.41
Salaries, rents, and incidentals . $1,119.81
State tax 1,582.82
Local taxes 96.46
Foreclosure expenses .... 102.47
2,901.56
Net earnings $9,807.85
Dividends, January and July, 1896 . 6,755.43
To surplus $3,052.42
Surplus and interest, last examination $4,899.24
Increase 3,052.42
Surplus and interest, present examination . . $7,951.66
Incorporated 1872.
Examination, Oct. 26, 1896, by Thomas J. Walker.
Treasurer's bond, $40,000. Date of bond, Feb. 6, 1893.
Annual compensation of treasurer, $1,000.
Indebtedness of trustees as principal, $9,335.82 ; as surety, $39.89.
Largest amount loaned to any individual, corporation, or company,
$13,500.
Amount of loans secured by mortgage in this state at a rate not ex-
ceeding five per cent per annum, nothing.
Total amount loaned or invested in New Hampshire, $133,646.73.
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BANK COMMISSTOmBBS' BBPOBT. 207
»ULB OF BONDS AND STOCKS OF THE BOCHBSTBB SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
MlBCBLLANKOUS.
fttounUIn, Tenn., te
$21,000.00
17,000.00
$21,800.00
17,000.00
$21,600.00
17,000.00
STOCKS.
$88,600.00
$88,600.00
$88,600.00
Hanufactvbing.
Hncr Cir% nrkinnnon
$8,000.00
10,000.00
$12,000.00
20',000'.00
Idnor rjo— tifa/
$18,000.00
$82,000.00
$26,000.00
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208
BANK COMMIBfllOllEBS REPORT.
ROLUNSFORD SAVINGS BANK.— SALMON FALLS.
Wm. H. Morton, President. J. Q. A. Wkntworth, Treasurer.
Trustees — ^William H. Morton, O. S. Brown, E. A. Stevens, Joseph
D. Roberts, (Jeorge H. Teaton, A. B. Potter, Frank R. Vamej,
J. P. WiUey, H. E. Hamilton.
Investment Committee — Board of Trustees.
STATEMENT.
Liabilities.
Amoant due depoaitora
Ouaranty f and
Interest
Premium
$679,614.00
45,000.00
26,808.76
87 672.60
$788,990.86
Assets.
Estimated
Market Value.
Par Value.
Loans secured by western mortga^s
Loans secured by local real estate.. .
Loans on personal security (local). . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
ern)
United States bonds
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
County Judgments
Real estate by foreclosure
Cash on deposit4n Salmon Falls state
bank
$141,006.00
19,460.00
11,190.00
4,000.00
2,800.00
10,000.00
6,687.60
242.606.00
11,200.00
208,860.00
78.170.00
14,000.00
1,060.00
41,798.68
7,719.84
$788,990.86
$141,006.00
19,460.00
11,120.00
4,000.00
2,800.00
10,000.00
6,000.00
280,260.00
10,000.00
221,000.00
64,800.00
14,000.00
1,060.00
41,798.62
7,719.84
$778,668.88
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BANK COMMISSIONEBS' BBPORT.
209
rATEMENT OF DeP08IT8, EaBNINGS, AND EXPENSES
C Since laet Examination)
From May 2i, 1896, to June 9, 1896.
; of deposits at date of last examinatioii . $696,565.13
; and rate of dividends declared, 3 per cent. 20,303.07
; of deposits received 70,031.45
S786,899.65
; of withdrawals 107,385.05
; of deposits at close of business June 9, 1896 $679,514.60
^^
Lcome
» . .
$46,790.37
paid oat ....
$193.26
, rents, and incidentals
1,822.49
X
4,863.01
kxes
159.17
1 taxes
471.76
lore expenses . . . .
1,624.38
ns charged off ... .
1,265.00
charged off
10,914.09
5!i anaiA
nU
lumings $24,487.23
ds July, 1895, and January, 1896 . $20,303.07
irplos
and interest, last examination
$4,184.16
. $22,619.60
5 4,184.16
us and interest, present examination $26,803.76
rated 1850.
ation June 9, 1896, by John Hatch and Thomas J. Walker.
er's bond, $75,000. Date of bond, July 12, 1892.
compensation of treasurer, $2,000.
Iness of trustees as principal, nothing ; as surety, nothing.
amount loaned to any individual, corporation, or company,
00.
; of loans secured by mortgage in this state at a rate not ex-
ig five per cent, per annum, nothing.
nonnt loaned or invested in New Hampshire, $91,432.13.
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210
BANK COMMI88IONBB8 BEPOBT.
8CHBDULB OF BONDS AND STOCKS OF THE BOLLINSFOBD
SAVINGS BANK.
BONDS.
Batinutted
Market Value.
Par Value.
Unxtxd Statbs.
United SUtea, 6a
OOUKTT.
Paeblo, Col., 68
Larimer, Col., 6a
Coneloa, Col., 6a
Apaohe, Ariaona. 7a
Spokane, Waah., 6a
Meaa.Col., 6a
Kittitaaa, Waah., 6a
Misaouia, Mont., 6a
Pierce, Waah., 68
Chaffee, Col., 6a
Albany, Wyo., 6a
City akd Town.
Louiaville. Ky ., 7a
Cincinnati, Ohio, 7a
Pueblo, Col., 6a
Inrington, Ind.. 6a
East St. Louia, 111., 6a
Sedalia, Mo., 6a
El Paao, Texaa, 7a
Provo City, Utah, 6a
Great Falla, Mont., 6a
Lancaater, Ohio, 68
Salt Lake City, Utah, 6a
Oi^len, Utah, 6a
Litohfleld, 111., 108
Lamar, Col., 6a
South Denver, Col., 68
Portland, Ore., 68
School Diaraicr.
Bent County, No. 14, Col., Sa
Park Coun^, No. 4, Mont., 78
Deer Lodge County, No. 10, Mont., 68
Brainerd , Minn., 68
Clataop County, No. l, Ore^^on, 68 —
Sonoma County, Cal., 6a
Railroad.
Portamouth, Great Falla & Con-
way, 4(8
MiaOBLLANBOUa.
Marinette Water Co., Wia., 68.
Arkanaaw Water Co., Ark., 6a.
Jameatown Water Co., N. Y. 6a
Wakefield Water Co., Maaa., 68
Lexin^rton Water Co., Ky.. 68. .
St. Joaeph Water Co., Mo., 68. .
Chattanooga Water Co., Tenn., 68.
Amount carried forward..
$^687.60
$5,650.00
10,400.00
9,100.00
10,600UN)
10,600.00
io,aoo.oo
6,260.00
6,800.00
6.600.00
1,010.00
6,200.00
$78,810.00
$12,000.00
24,000.00
666.00
4,240.00
8.600.00
8,000.00
6,150.00
10,600.00
6.200.00
6,890.00
6,800.00
6.150.00
2,000.00
10.200.00
22,000.00
8,400.00
$127,096.00
$2,600.00
7,800.00
10,800.00
6,800.00
6,100.00
6,100.00
$86,700.00
$11,200.00
$6,000.00
10,000.00
10,000.00
10,000.00
9,900.00
10,000.00
10,000.00
$64,900.00
$6,000.00
$6,000.00
10,000.00
9,100.00
10,000 J»
10,000.00
10,000.00
6,000.00
6,000.00
6,000.00
1,000.00
6,000.00
$75,100.00
$10,000.00
20,000.00
600.00
4,000.00
8,500.00
8,000.00
6,000.00
10.000.00
5,000.00
6.610.00
6.000.00
6.000.00
4,000.00
10,000.00
20,000.00
8,000.00
$118,610.00
$2,600.00
7,000.00
10 000.00
6,000.00
6.000.00
6,000.00
$86,600.00
$10,000.00
$6,000.00
10,000.00
10.000.00
10,000.00
11,000.00
10,000.00
10.000.00
$66,000.00
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BANK C0MMISSI0NEB8' REPORT.
211
HBDULB OF BONDS AND STOCKS OF THE BOLLINSFORD
SAVINGS BANK.-amt<nued.
BONDS.
Efttimated
Market Value.
Par Value.
Value on
Books.
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212
BANK COMMI88IONEB8' REPORT.
♦SECURITY SAVINGS BANK.— WINCHESTER.
Mabtik a. Bbown, President. J. Gbace Alkxanpeb, Trea^sure
Trustees — Martin A. Brown, D. T. Saben, E. S. Adams, D. i
Swan, Frank Amidon, E. A. Kingman, Willard Hammond, J. I
Natting, Leason Martin, D. L. C. Ball, Henry Abbott.
Investment Committee — Henry Abbott, D. S. Swan, E. S. Adam
D. T. Saben, £. A. Kingman.
STATEMENT.
Liabilities.
Amoont doe dei>08itor8
Guaranty fund
Interest
Due banks
Impairment
$228,851.16
5,789.60
8,778.80
6,426.68
$289,791.17
1,7260)0
$288,065.17
$828351.1
5,789J
8,778J
6,426U
$288,791.1
Assets.
\
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by western mortgragres
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (west-
ern) .■•
$69,111.89
47,427.00
6,678.00
10,579.78
8,616.00
89.814.00
18,900.00
8,260.00
1,000.00
7.700.00
88,828.76
260.00
860.80
$69,111.89
47,437.00
6,678.00
10,579.78
8,615.00
89,060.00
19,400.00
8,000.00
2,000.00
9,600.00
88,828.76
860!80
$50,1114
47,4874
6,678.<
10,679.'
8,615.<
89,050.<
19,400.<
Loans on collateral security (local) .
Oounty, city, town, and district
Miscellaneous bonds
Bank stock .■■. .■•■*■■*....*.■..
8,600.<
2,000.(
8600<
Msinnf AntnHnor ntonk
]kffl aoAlloffiAOIlfl fltOCkfl • •••
Real estate by foreclosure
nonk fixtures .•....•.«..■« «■•.■«■«
88;828,'
280.(
Due from inTestinsr airents
8S0i
$288,065.17 1
$240,291.17
$289,791.1
• Enjoined by Supreme Court from receiving and paying dei>08it8.
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BANK GOMMIS8IONEB8' BBPOBT.
213
'ATEMENT OF DEPOSITS, EARNINGS, AND EXPENSES
C Since latt Examination)
From September 25, 1895, to June 22, 1896.
last examination . 9238,751.18
I declared, 3 per cent.
6,921.24
10,827.97
$266,500.39
32,649.24
bosiness June 22, 1896 9223,861.16
98,387.33
. $130.00
. 466.00
. 1,639.38
. 1,438.65
379.66
890.00
4,943.69
id April, 1896 .
lination
93,443.74
3,477.50
f6,921.24
$7,261.30
3,477.60
i examination
$3,773.80
' AlpheoB W. Baker and John Hatch.
>ate of bond, January 9, 1895.
Lrer, 9600.
$100.
ticipal, 2,500 ; as surety, nothing,
individual, corporation, or company,
ortgage in this state at a rate not ex-
num, none.
Ml in New Hampshire, 938,692.00.
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214
BANK COUMISSIONBBS' REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE SECURITY SAVINGS
BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value OD
Books.
COUMTY.
flitfnaohe. Col.. 78
$1,000.00
4,000.00
8,180.00
6,000.00
$1,000.00
4,000.00
8,000.00
6,000.00
slooo!
niAilAm 'WA.nh.. ftn
Oarfleld. Col.. 7b
siooo
CiTV AMD Town
$18,180.00
$18,000.00
$18,000
RaiIwaoH F&lla. Minn.. An
$8,160.00
8,000.00
4,200.00
$8,000.00
8,000 00
4,000.00
$8,000
iiji !>■»/» TflXRn 7ii
8,000
4,000
Provo Citv. Utah. 6a
$10,880.00
$10,000.00
$10,000
Whatoom Ck)uiity, No. 2, Wash., 78. . .
Whatoom County, No. 61, Wa8h., 88. .
Whatcom County, No. 68, Wash., 88. .
Bineham County, No. 9, Idaho, 78. . . .
Park Conntv No 4 Mont.. 7s
$1,060.00
tOOM
OOOUW
1,060.00
2,000.00
6,000.00
2,040.00
1,864.00
400.00
860.00
840.00
$1,000.00
600.00
600.00
1.000.00
2,000.00
^000.00
2,000.00
1,800.00
400.00
860.00
800.00
$1,000
600
600
1,000
2,000
8,000
Grand Forks, N. Dak., Independ-
ent, 6s...
2,000
Mesa Conntv. No. 10. Col.. 7a
ijsoo
Sprlngdale Township, Roberts
Conntv 8. Dak.. 7s .«...•.....• •••..
400
Spokane County, No. 63, Wash., 88. . .
Walla Walla, No. 49, Wash.. 7s
860
800
MlAflVf^f^AlfKOITS
$16,284.00
$16,060.00
$16,060
Lamar Land & Canal Co., Col., 7s. . . .
Denver Consolidated Electric Co.,
Ool sa
$8,000.00
6;ooo;oo
800.00
4,040.00
2,000 J»
1,120.00
$8,000.00
6|ooo!oo
1,000.00
4,000.00
2,000.00
1,400.00
$8,000
8,000
St. Cloud Gas & Electric Co., Minn. 78
Keith & Perry Coal Co., Kan. City., Ss
Metropolitan Railway Co., Denver,
Col 6s.....
6,000
1,000
4,000
GranS Forks Gas A Electric Co.,
N Dak 6s
2,000
West Pufiman Land Associates,
in.,6s
1,400
STOCKS.
$18,960.00
$19,400.00 1 $19,400
Bank.
Winchester National
City National, Corsicana, Texas
$6,250.00
8.000.00
8,000.00
$6,600
8,000
Manufaotubino.
Page Belting Co., Concord, pref
$8,260.00
$8,000.00
$8,500
$1,000.00
$2,000.00
$2,000
MiSOBLLANBOUS.
Topeka Investment A Loan Co
Texas Loan Agency, Corsicana, Tex.
KToiiiina Trust GO
$600.00
600.00
1,000.00
600.00
1,600.00
8,600.00
$1,000.00
600.00
1,000.00
1,600.00
2,000.00
8,800.00
$500
600
1,000
Rnllon Banktnff Cin.. Iowa
1,600
Real Estate Trust Co., Tacoma,
-^ash
1,600
Denver Consolidated Electric Co.,
Col
8,300
$7,700.00
$0,600.00
$8,50$
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BANK commissioners' BEPOBT.
216
<JANOCK GUARANTY SAVINGS BANK.— LAN-
CASTER,
V. Drew, President. Frank D. Hutchins, IVeowwrer.
Assets.
Bstimated
Market Value.
PftFVainA Value OD
i-ap value. booIm.
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216
BANK COMMI88IOKEB8' REPOBT.
Statement of Deposits, Eabninos, and Expenses
{Sinee laBt BxamUuUUmJ
From September 3, 1896, to Augrust 28, 1896.
Amoant of deposits at date of last examinatioii
Amount and rate of dividends declared, 4 per cent.
Amount of deposits received ....
Amount of withdrawals
Amount of deposits at close of business Aug. 28, 1896
Gross income
Interest paid out .
Salaries, rents, and incidentals
State tax ....
Western taxes
Foreclosure expenses
Premiums charged off .
S251.21
1,185.56
3,296.74
859.94
609.38
546.47
Net earnings
Dividends October, 1895, and April, 1896
To surplus
Surplus and interest, last examination
Increase
Surplus and interest, present examination
9376,13]
14,48]
118,26
$508,88
113,98
$394,89
$25,20
6,69
$18,50
14,48
$4,01
$7,85
4,01
$11,87
Incorporated 1887.
Examination Aug. 28, 1896, by Alpheus W. Baker.
Treasurer's bond, $50,000. Date of bond, Oct. 1, 1895.
aerk, W. H. McCarten.
Annual compensation of treasurer, $600.
Annual compensation of clerk, $150.
Indebtedness of trustees as principal, nothing; as surety, $17,5
Largest amount loaned to any individual, corporation, or comp
$19,817.69.
Amount of loans secured by mortgage in this state at a rate
exceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $264,444.(
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BAlfK COMMI8SIONSR8' REPOBT.
217
)V1X OF BONDS AND ST00K8 OF THE 8IWOOGANOCK
GUABANTT SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
OOUNTT.
liraBh.,te
$2,040.00
$2,000.00
$2,000.00
3lTT AND TOWH.
iont. 68.
$2,040.00
$2,000.00
•w«.^
liXSCJCLLAlffXOUS.
ioan A Trust Go., Kan.,
$2,400.00
8,000.00
5,000.00
2,280.00
8|960;00
1,000.00
$8,000.00
8,000.00
5,000.00
5,000.00
8,420.00
8,000.00
4,060.00
1,000.00
$8,000.00
8,000.00
5,000.00
2,280.00
8,000.00
8,860.00
1,000.00
as A Electric Co., Miim.,78
e8tmentCo.,Oraiid Forks,
QsoUdated Electric Co., 6s
K> Savings Bank A Tmst
7g
Cemetery Association,
Is
shire Tmst Co., deb., 4s . .
>n Bridge Co., Iowa, 68. . . .
S'TOOKS
$26,640.00
$28,870.00
$26,180.00
Bahk.
National.. . t.-. ........ .---r-
$12,880.00
1,960.00
2.280.00
1,860.00
450.00
2,400.00
1,800.00
1,660.00
$0,200.00
2!260!00
8,000.00
900.00
2,000.00
1,800.00
1,000.00
' $11,860.00
1,960.00
2,250.00
8,000.00
900.00
M> National, Socorro, N.M.
Nari, Sioax Falls, Dak. . .
onal, Minneapolis, Minn. .
of Osborne. Kan ...,.,..--
swell, N.M
2,000.00
1,800.00
1,600.00
n Bank, Walla Walla,
ngs Bank A Trust Co
kflSCnXANBOUS.
$24,160.00
$22,650.00
$24,790.00
inking Co., Crete, Neb
rust Co., Nashua
DODroTement Co., Grand
$2,260.00
1,600.00
2,000.00
2,000.00
2,200.00
700.00
8,800.00
5,600.00
1,600.00
$8,000.00
2,000.00
2!000'.00
2,200.00
700.00
io,ooo!oo
6,000.00
$8,000.00
2,000.00
2,000.00
list Co.. Nashua.
2,000.00
Slaotrio LiffhtCo
2,200.00
760.72
A Trust Co., £x>8 Angeles,
Qsolidated Electric Light
8,800.00
4,450.00
1,600.00
Dunutation Co., Iowa
1 Valley Irrigation Co
$20,060.00
$81,200.00
$21,210.72
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218
BANK COMMISSIONERS REPORT.
SOMERSWORTH SAVINGS BANK.-^OMERSWORTH.
Edward Haroraybs, Fresident. Albert A. Perkins, Treasurer.
Trustees — Edward Hargraves, Joseph A. Stickney, Thomas 6.
Jameson, Jesse R. Home, Henry C. Gilpatrick, Samael A.
Seavey, William S. Tibbets, Charles M. Dorr, Christopher H.
Wells.
Investment Committee — Board of Trustees.
STATEMENT.
Liabilities.
Assets.
Estimated
Market Valae.
Par Valoe.
Valae on
Books.
Loans secared by local real estate . .
Loans on personal security (local)..
Loans on collateral secnrlty (local) .
State bonds
OoantT, city, town, and district
bonds
Railroad bonds
Miscellaneons bonds
Bank stock
Real estate by f oredosore
Real estate parcbased
Cash on deposit in national banks. . .
Cash on hand
•188,328.18
188,627.96
15,160.00
88,060.00
780,886.00
907,060.00
49,072.10
68,660.00
20,661.87
60,000.00
2,876.18
2,042U»
$1,612,988.18
$188,228.18
188,627.96
16,160.00
86,000.00
904.600.00
66,644.80
66,100.00
20,661.87
60,000.00
2,876.18
2,042^
$1,464,004 J»
$188,228.18
188,027.26
16,160X0
86,000 00
197,6004»
60,000X0
66,100X0
20,661X7
60.000.00
2,876.18
2,042X6
$1,461,448.90
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BANK GOMMI88IONEB8' BEPOBT.
219
Statembnt of Depo6IT8, Eabnings, and £xFEN8E8
CSinee (a«< BxanUnaUonJ
From May 1, 189S, to May 21, 1896.
uit of deposits at date of last ezanmiation $1,297,787.01
ant and rate of dividends declared, 31 per cent. 44,221.83
ant of deposits received .... 205,604.66
ant of withdrawals
Sl,647,613.60
224,054.69
mt of deposits at close of business May 21, 1896 $1,323,558.81
$76,651.95
I income
est paid oat .
ies, rents, and incidentab
tax ... .
I taxes
linms charged off .
ction of book values
$946.16
5,923.63
9,047.84
881.48
3,110.32
6,773.75
26,683.18
$49968.77
, and January, 1896 . 44^221.83
$5,746.94
last examination $57,144.24
5,746.94
t, present examination . $62,891.18
1896, by John Hatch.
sOOO. Date of bonds, Nov., 1876, and Jan-
kney.
of treasurer, $3,000.
of clerk, paid by treasurer.
tes as principal, $4,000 ; as surety, $500.
est amount loaned to any individual, corporation, or company,
04,850.
ant of loans secured by mortgage in this state at a rate not
needing five per cent, per annum, $84,890.
[ amount loaned or invested in New Hampshire, $423,018.12.
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220
BANK 0OMMI8BION1SR8 REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE SOMBR8WOKTH
SAVINGS BANK.
BONDS.
Estimated
Market Valae.
Par Value.
Statb.
New Mexico, oapitol building, 7s.
Utah, 6s. .......
County.
s, Minn., 4V^s
City and Town.
Beatrice, Neb., 6s
Wichita, Kan., 6s
Jeffersonviile, Ind., 7 8>10s
Austin, Minn., 6s
Fall RiTer, Mass., 6s
St. Paal, Minn., 6s
Creston, Iowa, 6s
St. Clond, Minn., 6s
Cincinnati, Ohio, 78
Red Wing, Minn., 6b
BYansvllIe. Ind., 4s
Portland, Oregon,6s
Council Blnffs, Iowa, 6s
Colorado Springs, Col., 6s
Colorado Springs, Col., 68
Piqaa, Ohio, 68
Dobaqae, Iowa, 6s
Omaha, Neb., 6s
Elisabeth, N. J., 4s
Fort Worth, Texas, 6s
Seattle, Wash., 68
Helena, Mont., 68
Minneapolis, Minn., 4V^s
Chicago, 111., 6s
Lafayette, Ind., 4V^s
School District.
Boulder County, No. 8, Col., 6s
Forest Home, Iowa, 6^s
Rio Grande County, No. 2, Col., 68....
Phelps County, No. 44, Neb., 7s
Pueblo County, No. 20, Col., 6s
Arapahoe County, No. 3, Col., Ah^B . .
Arapahoe County, No. 17, Col., 6s. . . .
Arapahoe County, No. 2, Col., 68
Barber County. No. 4. Kan., 6s
Waterloo, Black Hawk County, Iowa,
Indep., 68
East Waterloo, Black Hawk County,
Iowa, Indep., 6s
•11,700.00
77,260.00
$68,060.00
$21,000.00
16,900.00
20,000.00
16,600.00
8,000.00
40,800 00
82,400.00
11,000.00
$166,700.00
$16,600.00
4,480.00
6,600.00
16,000.00
6,760.00
28,600.00
4,000.00
0,490.00
10,600.00
10,000.00
11,000.00
67,600.00
20,900.00
10,600.00
6,260.00
6,180.00
8,000.00
11,000.00
2,700.00
10,000.00
66,100.00
10,600.00
11,100.00
21,000.00
27,000.00
$882,670.00
$20,000.00
6,600.00
7,000.00
8,216.00
80,600.00
40,000.00
16,800.00
26,000.00
8,000.00
18,000.00
10,000.00
$182,616.00
$10,000.00
78,000.00
$86,000.00
$20,000.00
16,000.00
20,000.00
16,000.00
9,000.00
40,000.00
80,000.00
10,000.00
$169,000.00
$16,000.00
4,480.00
6,600.00
16,000.00
6,000.00
26,000.00
4,000.00
9,000.00
16,000.00
10,000.00
11,000.00
60,000.00
19,000.00
10,000.00
6,000.00
6,000.00
8,000.00
10,000.00
8,000.00
10,000.00
66,000.00
10,000.00
10,000.00
20,000.00
26,000.00
$864,060.00
$20,000.00
6,600.00
7,000.00
7,900.00
80,000.00
40,000.00
16,000.00
26,000.00
8,000.00
18,000.00
10,000.00
$181,400.00
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BANK C0MMI8SI0NBB8' RBPOBT.
221
BDULB OF BONDS AND STOCKS OF THB 80HEBSW0BTH
SAVINGS BANK.-Oon«ni«ad.
BONDS.
Estimated 1 p^, v.in*
BfarketValae.i P»r Value.
Valne on
Books.
Bailboad.
2d
86,100.00
12,700.00
18,200.00
8,080.00
22,400.00
87,440.00
ii|2oo!oo
8.800.00
18,800.00
11,200.00
10,100.00
28,800.00
7,000.00
10,480.00
•0,000.00
10.000.00
16,000.00
7,000.00 j
20.000.00
82.000.00
8,000.00
10,000.00
4,000.00
10.000.00
10.000.00
10,000.00
80,000.00
7,000.00
10,000.00
i0,*ooo!oo
16,000.00
20,000.00
82,000.00
8,000.00
4.'000:00
10,000.00
10.000.00
10,000.00
80,000.00
7,000.00
10,000.00
MlSCBX<LAHBOnfl.
•207,960.00
•204,000.00
•197,000.00
• OonsoUdated Bleotrio Co., 6fl
dffe BallroBd Co., 08
26;20O'.OO
7,822.19
•10,000.00
20,000.00
10,644JI»
•10,000.00
io,ooo!oo
States Cordage Co., N. J., 68.
STOCKS.
•49,072.19
•00,644.89
•00,000.00
Babk.
'a1l8 NAtf onal
•88,826.00
22,800.00
0,960.00
1,800.00
14|900;00
0,700.00
2,000.00
•88,000.00
14,900.00
worth National
FallsState
0,700.00
2,000.00
rket National
•68,600.00
•06,100.00
•06,100.00
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222
BANK COHHIBBIONEBS' RBPOBT.
SQUAMSCOTT SAVINGS BANK.— EXETER.
Ltfobd Conner, President. Chablbs H. Knight, Treasurer.
Trustees — Lyford Conner, Greorge B. Webster, Henry A. Shnte,
Francis Hilliard, Charles H. Knight, Charles E. Tuck, Alfred
Conner.
Investment CammiUee—JjyioTd Conner, Henry A. Shnte, Charles
E. Tack.
STATEMENT.
LiaMlities.
Amount dQ6 d^poviton r
$67,708.22
2,650.00
168.44
$67,7Q8JI
2.660i»
iSS
Oaaranty f and .'.
Interest
Imi>&lnnent
$80,626.66
2,865.00
$68,161.66
$60,626.66
Assets.
Estimated
Market Valne.
Par Value.
Value on
Books.
Loans seoored by western mortgag's
Loans on collateral security (Jocal).
Miscellaneons bonds (Lombard deb.)
Real estate hv foreclosure. ...........
$1,060.00
62,080.17
866.00
'820.00
1,160.00
160.00
725.67
666.02
$2,100.00
68.080.17
880.00
1,806.00
880.00
2,880.00
150.00
725.67
666.02
$2,100.00
W0.0O
1,806.00
890.00
2,880.00
160.00
726.67
666.92
Certificates of deposit
Cash on deposit in national banks. . .
Cash on hand
$68,161.66
$60,066.66
$60,686.66
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224
BANK COMMI88IONKR8' BSPORT.
STRAFFORD SAVINGS BANK.— DOVER.
Elisha R. Bbown, Fresident. Albbbt O. Mathss, Treasurer.
Trustees — Elisha R. Brown, Charles H. Sawyer, Samuel C. Fisher,
William S. Stevens, John H. Hard, John Holland, Benjamin F.
Nealley, Daniel Hall, Robert G. Pike.
Investment Committee — ^Elisha R. Brown, Charles H. Sawyer
William S. Stevens.
STATEMENT.
LiabUities,
Amoant doe depositors
G oaranty fund
Interest
Premium
$4,828,689.66
980,000 00
112,741.13
428,485.00
$6,610,015.77
Assets.
Estimated
Market y aloe.
Par Valoe.
Valoe on
Books.
$188,000.00
$188,000.00
$188,000.00
1,168,278.68
1.168,278.68
1,168.278.68
177.710.72
177,710.72
177,710.72
220,408.60
229,408.60
829,408.60
64,860.00
60,000.00
frV.000.00
106,000.00
100,000.00
100,000.00
1,765.185.00
1.678,6004»
1,661.600.00
616,700.00
686,000.00
686,000.00
40,600.00
40.000.00
89,776.00
64,600.00
86 000.00
86,000.00
8n,476.00
612,600.00
678.880.00
70,400.00
46,000.00
66,000.00
19.968.16
19,968.16
19.968.16
18.788.16
18,768.16
18,782.16
96.000.00
08,000.00
98,000.00
106.608.70
106,608.70
106,606.70
1,448.49
1,448.48
1,448.48
88,745.42
89,745.42
89,745.42
$6,619,916.77
$6,021,806.77
$6,196,480.77
Loans seoored by western mort-
gages
Loans seoored by local real estate..
Loans on personal secority (local)..
Loans on collateral secority (local).
United States bonds
State bonds
Ooonty, city, town, and district
bonds
Railroad bonds
Miscellaneoos bonds
Bank stock
Railroad stock
Miscellaneoos stocks
Warrants
Real estate by foreclosore
Real estate porchased: bankboilding
Cash on deposit in national banks
Cash on hand
Cash with Kidder, Peabody A Co.
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BANK COMMISSIONERS REPORT.
225
Statement of Deposits, Earnings and Expenses
(Since last ^camination)
From May 20, 1895, to June 8, 1896.
nt of deposits at date of last examination
nt and rate of dividends declared, 3^ per cent,
nt of deposits received
nt of withdrawals
$4,687,205.14
180,754.19
717,798.51
S5,585,757.84
762,068.19
close of business June 8,
.
. $4,823,689,65
$246,011.96;
preminms.
.
. $361,366.68
.
$286.63
Bntals
14,673.70
,
30,677.60
,
664.46
, ,
16,072.02
. . .
69,817.16
.
12,798.76
134.780.12
d January, 1896
LS and interest, last examination
se
isent examination
$226,575.46
180,754.19
$45,821.27
$66,919.85
45,821.27
$112,741.12
» by board of bank commissioners.
Date of bond, June 1, 1896.
Hattie W. Drew.
easurer, $2,000.
irks, $1,800 and $500.
I principal, nothing ; as surety, $400.
tt amount loaned to any individual, corporation, or companvi
5,000.
it of loans secured by mortgage in this state at a rate not ex-
ing five per cent, per annum, $854,980.
imount loaned or invested in New Hampshire, $2,509,711.25.
16
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226
BANK OOMMIS8IONEB8' REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE STRAFFORD SAV:
BANK.
BONDS.
Estimated | « valn©
Market Value.
Unitbd Statks.
United States, 4s
State.
Utah.Ss
County.
Cook, 111., 48
Strafford , 4i8
City and Town.
Cleveland, Ohio, 4s
Cbicasro, 111.. 4s
Colambus, Ohio, 58
BdUnneapolis, Minn., 4^8
St. Loafs, Mo., 4s
Nashville, Tenn., 6s
Cleveland, Ohio, 4s
St. Paul, Minn.. 4is
Omaha, Neb.,Sa
Milwaukee, Wis., 6s
Manchester, 58
Haverhill, Mass., 4s
Nashua, 4b
Fall River, Mass., 4^8
Hartford , Conn., 4s
Newton, Mass., 4s
Maiden, Mass., 48
Manchester, 4i8
Newport, R. I., 48
Lawrence, Mass., 4s
Dover, 4)8
Concord, 48
Greensbur^h, N. Y., 48
Railroad.
Old Colony, 4b
Boston & Albany, 4s
New York, New Haven & Hartford, 48
Philadelphia, Wilmington & Balti-
more, 58
Boston & Maine, 44s
Rome, Watertown & Oflrdensburg, 58.
Cleveland, Lorain & Wheeling, 6s. . . .
MiSCBLLANBOUS.
West End Street Ry., Boston, 44s..
West End Street Ry., Boston, 4s.. .
STOCKS.
Bank.
Strafford National, Dover..
$64,860.00
$106,000.00
$51,600.00
26,760.00
$60,000.00
$100,000.00
$60,000.00
26,000.00
$77,260.00
$75,000.00
$62,400.00
102,000.00
07,200.00
162,000JW I
71,760.00
80,000.00
41,600.00
108,000.00
47.620.00
16,200.00
66,000.00
26,260.00
62,000.00
64,800.00
106,000.00
26,600.00
62,600.00
64,000.00
62,000.00
62,000.00
888,206.00
62,000.00
22,000.00
$1,687,986.00
$79,600.00
106,000.00
99,000.00
$60,000.00
100,000.00
90,000.00
160.000.00
69,000.00
26,000.00
40,000.00
100,000.00
44,000.00
15,000.00
60,000.00
26,000.00
60,000.00
60.000.00
100,000.00
25,000.00
60,000.00
60,000.00
60,000.00
60.000.00
823,600.00
60,000.00
22.000.00
$1,608,600.00
$76,000.00 I
100,000.00 I
75,000.00 j
27,000.00 25,000.00
282,000.00 200,000.00
62,600.00 60,000.00
10,700.00 I 10,000.00
$616,700.00
$10,600.00
80,000.00
$40,600.00
$54,600.00
$686,000.00
$10,000.00
80,000X0
$40,000.00
$86,000.00
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BANK COMMI88IONEB8 REPORT.
227
LE OF BONDS AND STOCKS OF THE STRAFFORD SAVINGS
BANK.— Gontifiued.
STOCKS.
Estimated
Market Value.
Par Valae.
Valae on
Books.
RAIIiROAD.
$206,000.00
61,600.00
12,100.00
77.500.00
5,000.00
109,875.00
168,000.00
84,000.00
46,000.00
40,200.00
21,200.00
44,600.00
$100,000.00
40,000.00
10,000.00
50,000.00
6,000.00
62,600.00
100,000.00
60,000.00
80,000.00
80,000.00
10,000.00
26,000.00
$126,000.00
48,000.00
oeloooioo
6,000.00
87,600.00
140,000.00
61,860.00
86,000.00
87,500.00
16,000.00
42,600.00
k Hartford..
Q
9oathem. . . .
IS,
$871,476.00
$612,600.00
$678,860.00
$68,200.00
7,200.00
$40,000.00
6,000.00
$60,000.00
6,000.00
IT, Boston....
$70,400.00
$46,000.00
$66,000.00
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228
BANK COMMISSIONERS REPORT.
SUGAR RIVER SAVINGS BANK.— NEWPORT.
Carlton Hurd, President, P. A. Johnson, Treasx
Trustees— CB,T\ton Hurd, N. P. Baker, R. E. Bardett, Charle
Dudley, George H. Woodbur}, E. H. Carr, Sumner Fairban
Investment Committee — Carlton Hurd, E. H. Carr, Sumner ]
banks.
STATEMENT.
Liabilities,
Amoantdue depositors
Guaranty fand
Interest
$81,881.78
200.00
541.17
$82,632.06
$81,
$82,
Assets,
1 Estimated
Market Value.
Par Value. ^^
Loans secured by local real estate.. .
Loans on i>er8onal security (local).. . .
Loans on collateral security (local) . .
Bank stock (First National Bank,
NewDort^
$89,826.00
20,280.00
6,060.50
760.00
12.600.00
2,818.45
$89,825.00
20,280.00
6,950.60
600.00
12.600.00
2,818.46
$89
20
r^ArtifloAtes of deoosit
12
Cash on deposit in national banks... .
$82,682.95 $82,882.06
•82.
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COMMISSIONEBS' REPORT. 229
^posns, Earnings, and Expenses
Hnce la»t Examination)
ber 29, 1895, to June 2, 1896.
ate of last examination $39,210.01
idends declared, 4^ per cent. 1,303.36
Jived 48,114.11
$88,627.48
6,735.70
close of business June 2, 1896 881,891.78
$1,932.96
. $303.13
id . . . 200.00
603.13
$1 429.83
5, and April, 1896 . l!303.36
$126.47
it examination $414.70
126.47
present examination . . $541.17
, by John Hatch and Thomas J. Walker.
Date of bond, April 16, 1895.
easurer, $375.
\ clerk, paid by treasurer.
\ as principal, nothing ; as surety, nothing,
to any individual, corporation, or company,
d by mortgage in this state at a rate not ex-
per annum, $15,300.
invested in New Hampshire, $51,564.50.
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230
BANK GOMMI88IONEB8 REPOBT.
UNION FIVE<3ENTS SAVINGS BANK, EXETER.
Wm. H. C. Follansby, President. Sabah C. Clabk, Treasurer.
Trustees— Wm. H. C. Follansby, Winthrop N. Dow, Edwin G.
Eastman, John N. Thompson, John A. Blake, Bradbory L. Gil*
ley, Sperry French, Ephraim G. Flanders, John Templeton,
Albeit N. Dow, John E. Young.
Investment Committee — Wm. H. C. Follansby, Winthrop N. Dow,
Edwin G. Eastman, Bradbury L. Cilley.
STATEMENT.
Liab-ilities,
Amonnt due depositors
Guaranty fond
Interest
Premium
$478,068.18
8,605.00
12,688.68
668.60
$484,826.21
Assets.
Estimated
Market Value
Par Value.
Loans secured by western mortgages
Loans secured by local real estate . .
Loans on personal secnrltv (local) . .
Loans on collateral security (local) .
Loans on collateral security (west-
em)
United States bonds
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Miscellaneous stocks
Real estate by foreclosure
Bank fixtures
Cash on deposit in national banks. . .
Cash on hand
$85,270.70
164,675.74
30,018.22
16,025.00
360.00
6,000.00
01,020.00
5,760.00
88,586.00
5,174.60
11,340.00
2,240.00
81,768.62
2,064.00
16,182.43
4,861.00
$86,270.70
154,675.74
30,018.22
15,025.00
350.00
5,000.00
84,600.00
5,000.00
87,400.00
5 600.00
16,000.00
2,800.00
81.786.62
2,064.00
16,182.43
4.351.00
$484,825.21
$486,806.71
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BANK COMMISSIONERS REPORT.
231
^ATEMENT OF DEPOSITS, EARNINGS, AND EXPENSES
f Since latt ^caminationj
From Octdb&r 22, 1895, to November 10, 1896.
it of deposits at date of last examination $491,690.10
it and rate of dividends declared, 3^ per cent. 15,818.98
It of deposits received . . . . 156,632.81
it close of business Novem-
$27.11
lentab
2,240.00
2,928.37
86^2
360.94
647.69
692.50
d
. 2,000.00
$664,141.89
186,089.76
$478,062.13
$24,169.17
495.00
$24,664.17
earnings
iorplns
8,882.93
$15,781.24
37.74
iend January, 1896 $15,818.98
) and interest, last examination $12,736.32
lurplus 37.74
lus and interest, present examination
$12,698.58
L896, by John Hatch and Thomas J. Walker.
"m. Date of bond, Jan. 27, 1890.
f treasurer, $1,200.
f clerk, $350.
Bs as principal, nothing; as surety, nothing.
b amount loaned to any individual, corporation, or company,
OOO.
it of loans secured by mortgage in this state at a rate not ex-
ing five per cent, per annum, $33,065.
.mount loaned or invested in New Hampshire, $193,118.96.
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232
BANK COMM18SIONEB8* REPORT.
SCHEDULE OP BONDS AND STOCKS OP THE UNION PIVB-CENTfi
SAVINGS BANK.
BONDS.
Unitbd Statbs.
United States, 48
Railboad.
Boston & Maine, 4(8
Estimated
Market Value.
Par Value.
County.
Lake, Col., lOs
Leavenworth, Kan., 6s.
Richland, IU.,6s
City and Town.
Lincoln Park, North Chicago, &s
Bvansville, Ind., &s
Elk. Kan., 108
Beverly, Mass., 4«
Minneapolis, Minn., 48
Salina, Kan., 6s
Fort Worth, Texas, 5s
Sioux City, Iowa, 6s
Franklin, 48
Salt Lake City, Utah, 68
Ogden, Utah, 5e
Barre, Vt.,48
St. Albans. Vt., 48
St. Paul, Minn., 48
Seattle, Wash., 6s
Lima, Ohio, 6s
Springfield. Mo., 56
Boscawen A Penacook, 4^8
Exeter, 48
School Distbiot.
Arapahoe Co., No. 2, Col., 44s. .
Arapahoe Co., No. 17, Col., 5s..
Springfield, No. 24, Mo., 68
MiSCBLLANBOUS.
Merrimack Valley Street Railway,
Lawrence, Mass., 5s
Cleveland Cable Railway, 68
Denver Consolidated Electric Co., 68 1
New Hainpshlre Trust Co., deb., 4s.
Crippen, Lawrence A Co., deb., 6s...
Globe Investment Co., deb., 6s
Winfield Mortg. & Trust Co., deb., 6s;
West End Street Railway, Boston. 5s |
Portland Consolidated Street Rail- i
way Co.. Or., 6s I
Investment Trust Co. of America,
Kan.. 6s
New Haven Conn., Street R. R., 5s. . .
$6,000.00
$9,000.00
16,600.00
6,600.00
$82,100.00
$2,180.00
5,675.00
1,000.00
8,240.00
1,070.00
1,000.00
2,000.00
1,000.00
5,460.00
8,225.00
1,000.00
8,200.00
2,100.00
5,276.00
2,160.00
2,820.00
1,140.00
11,200.00
510.00
$5,000.00
$9,000.00
16,000.00
6,000.00
$80,000.00
$64,096.00
$2,100.00
1,060.00
1,075.00
$4,226.00
$6,760.00
$2,000.00
5,000.00
1,000.00
8,000.00
1,000.00
1,000.00
2,000.00
1,000.00
5,000.00
8,000.00
1.000.00
8,000.00
2,000.00
5,000.00
2,000.00
2,000.00
1,000.00
10.000.00
600.00
$60,600.00
$2,000.00
1,000.00
1,000.00
$4,000.00
$5,000.00
$2,100.00
$2,000.00
$2,000.0
1,060.00
1.000.00
1,000.0
•i,000.00
2.000.00
2,000.0
5,200.00
6.600.00
5,600.0
8,775.00
9,760.00
9,760.0
600.00
1,000.00
1,000.0
260.00
500.00
500.(
6.160.00
6,000.00
6,000.0
1,260.00
1,260.00
1,280.0
4,820.00
5.400.00
5.4Wi)
8,000.0
8,000.00
8,000.00
$88,606.00
$87,400.00
$86,400.0
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234
BANK GOMIOSSIONEBS REPORT.
UNION GUARANTY SAVINGS BANK.— CONCORI
Solon A. Carter, President. William F. Thayer, Treast
Trustees-^olon A. Carter, William F. Thayer, E. E. Trues
Charles C. Danforth, Edson J. Hill, John Whittaker, Georg
Little, James H. Rowell, Edward H. Carroll, Edward B. W
worth, David D. Taylor, David E. Murphy, Nathaniel E.
tin, Grardner B. Emmons, A. S. Ranney, Henry McFarland.
Investment Committee — Solon A. Carter, William F. Tb
Charles C. Danforth, Edson J. Hill, Nathaniel E. Martin, j
Ranney.
STATEMENT.
Liabilities.
Amount dae depositors. . .
Oaaranty fond, preferred
Gaaranty fund» common..
Interest
Due banks
Impairment
$448,422.96
80,000.00
80,000.00
16,801.06
15,000.00
$640,224.08
14,286.60
$625,988.48
$441^
SO
11^
$540
Assets.
Estimated
Market Value.
Par Value.
Valui
Bool
Loans secured by western mortgages
Loans secured by local real estate . .
Loans on personal security (local) . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
em)
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock
Manufacturing stock
Miscellaneous stocks
Real estate by foreclosure
Real estate purchased
Cash on deposit in national banks. . .
$70,979.22
106,148.77
6,260.00
16,276.10
40,268.00
12,418.80
20,976.00
84,160.00
68,875.00
9,672.60
9,960.00
21,600.00
99,222.80
7,000.00
8,807.24
$626,988.48
$70,979.22
106,148.77
6,260.00
16.278.10
40,268.00
12,418.80
27,000.00
88,100.00
48,000.00
84,100.00
10,000.00
26,800.00
09,222.80
7,000.00
8,807.24
$545,864.96
$70,
10^
le,
40,
12,
24,
8^
66,
14,
1^
9Bi
7,
a
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BANK GOMMI88IONBB8' REPORT. 235
EMBNT OF Deposits, EIarnings, and Expenses
(Since laet Bxamination)
From August 29, 1895, to July 27, 1896.
deposits at date of last examination . $553,859.85
d rate of dividends declared, 3 per cent. 15,189.61
deposits received ..... 73,559.83
$642,609.29
withdrawals 194,186.31
deposits at close of business, July 27,
$448,422.98
le $32,262.46
id out $1,115.84
Dts, and incidentals . 1,281.80
4,411.60
Kes 1,697.34
I expenses .... 620.08
IS charged off, insurance, re-
818.23
ged off 3,298.66
0 stockholders 376.16
13,519.60
ings . $18,732.86
1 general depositors, January, 1896 . 15,189.61
3,543.25
1 interest, last examination $13,258.70
3,543.25
knd interest, present examination $16,801.96
by Alpheus W. Baker and John Hatch.
Date of bonds, February 21, 1893,
96, and July 25, 1896.
surer, $1,500.
k, paid by treasurer.
rincipal, $12,100 ; as surety, $310.
y individual, corporation, or company,
mortgage in this state at a rate not
r annum, $25,800.
sted in New Hampshire, $221,635.11.
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236
BANK COMMISSIONERS* REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE UNION GUARANTY
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Value.
Value on
Books.
Railsoad.
Chicago. Burlington & Qalnoy, 5s. . . .
Atchison, Topeka St Santa F«, 4s
Atchison, Topeka & Santa F«, 2d
mortgage. 48
$6,600.00
6,616.00
1,460.00
8,400.00
$6,600.00
7,600.00
4,000.00
10,000.00
6.'840.<
1,860.1
10,000X
Eyansvllle & Indianapolis, 6s
MiSCBLLANBOUS.
$20,976.00
$27,000.00
$24,200.(
Nashua Street Railway, 6s
$3,160.00 $8,000.00
10,000.00 10,000.00
6.000.00 1 10,000.00
5,000.00 1 6.000,00
10,000.00 1 10.000.00
1 100.00
1
io!ooo.(
8,44»X
5,000.1
10.000.(
100.C
ETansviUe Street Railway, Ind., 6s. .
Dallas Rapid Transit Co., Texas, 6s. .
New England Loan & Trust Co.,
deb., 6s
Denver Consolidated Electric Co., 6«
Kansas City InTcstment Co., deb. 6s.
STOCKS.
Bank.
First National Concord
$84,160.00 j $88,100.00
$86,S00i
$17,000.00
8,812.60
6,860.60
800iW
8,600.00
1,260.00
6,850.00
876.00
1,600.00
1,600.00
4.060.00
6,000.00
1,287.00
$5,000.00
2,600.00
4,000.00
1,000.00
5,000.00
2,600.00
5,000.00
600.00
1,600.00
1,600.00
8.100.00
6,000.00
1,800.00
$18,000.(
6386.(
5,eoo.(
1,000.C
9,760X
2,600.(
7,600.(
850.(
1,850.C
8,000.C
4,000.C
5,000.(
1,700.C
National State Capital, Concord
National Bank of Commonwealth,
Boston
Globe Savings Bank, Chicago, 111. . . .
Merchants' National, St. Paul
National German American, St. Paul
Northwestern National, Minneapolis
First National, Worcester, Mass
8chu8ter-Haz National, St. Joseph,
Mo
First National of Buchanan County,
St. Joseph. Mo
Merchants* National, Kansas City,
Mo
City,Mo
Railboad.
Oregon Railway and Navigation Co.
Chicago, Rock Island & Pacific
Chicago, Burlington & Quiucy
Atchison, Topeka & Santa F«, pref.. .
Atchison, Topeka St Santa F« , trust
receipts
$68,875.00
$700.00
1.660.00
8,687.60
2,260.00
1,875.00
$48,000.00
$6,800.00
2,600.00
5,000.00
11,800.00
10,000.00
$e6,185X
$1,800.C
2,«S5.C
6,00O.C
8,700.C
l,000.fl
Manupaotubino.
$9,672 J»
$84,100.00 1 $14,125.a
Page Belting Co., Concord, pref
Amoskeag Mfg. Co., Manchester
$2,600.00
7,460.00
1
$6,000.00 $2,600.0
5,000.00 9,600.0
MiSCBLLANBOUS.
$9,960.00
$10,000.00
$12,000.0
International Loan & Trust Co., Kan-
sas City, Mo
$1,260.00 $2,600.00
6,000.00 5,000.00
$1,260.0
Eastern Banking Co., Hastings, Neb.
6,000X
Amount carried forward
$6,260.00
$7,6004)0
$6,260.0
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[MIS8I0NEBS BEPOBT.
237
y STOCKS OF THE UNION GUARANTY
3 BAVK.— Continued,
Estimated
Market Value.
P»p value. I V»i°t?"
Books.
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238
BANK C0MMI88I0NEB8 REPORT.
WALPOLE SAVINGS BANK.— WALPOLE.
Thomas B. Buffum, President. Josiah 6. Bellows, Treasure
Trustees — Thomas B. Boffom, Greorge H. Holden, Edwin K. Se
bary, Greorge P. Porter, Henry C. Lane, Charles C. Davi
Edward M. Holden, Horace A. Perry, Abel P. Richardson.
Investment Committee — Thomas B. Boffam, Edwin K. Seabur
Greorge H. Holden, Greorge P. Porter.
STATEMENT.
Liabilities.
Amoant due depositors
Guaranty fund
Interest
Impairment
$242,048.68
9,000.00
4,729.16
|12M,772.74
4,881.48
$261,891 Jn
Assets.
Estimated
Market Value.
Par Value.
Loans secured by western mort-
gagres
Loans secured by local real estate.. .
Loans on personal securltv (local).. .
Loans on personal security (west-
em)
Loans on collateral security (local)
Loans on collateral security (west-
em)
United States bonds
County, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Bank stock
Manufacturing stock
Real estate by foreclosure
Real estate purchased (bank build-
ing)
Casn on deposit in national banks. . .
$86,080.00
87,149.44
14,966.00
1,976.00
402.66
1,600.00
6,800.00
87.648.00
28,042.r0
22,910.00
8,186.00
2,626.00
8,800.00
2,600.00
8.828.82
$261,891.81
$86,080.00
87,149.44
14,966.00
1,978.00
402.66
1,600.00
6,000.00
88,462.00
87,896.00
28,460.00
8,800.00
2.600.00
8,800.00
2,600.00
8,8280(2
$261,848.81
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240
BANK COMMISSIONERS REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE WALPOLE SAVINGS
BANK.
BONDS.
Estimatod p valne
Market Value. ^^^ y^me.
United Statbb.
United States, 48
County.
Montgomery, Kan., 78
Bingham, Idaho, 88
Bernalillo, N. M ., 7s
San Juan, N. M., Ss
City and Town.
Westminster. Vt., Ss
Horon, S. Dak., 7s
Tyler, Tex., 7s
Dallas, Tex., 6s ,
Sooth Denver, Col., 6s
Walpole , &s
School District.
Coster Coanty, Nos. 79, 96, 206, Neb.
78
BlTerton, Iowa, 69
Alturos County, No. 6, Idaho, Ss.. • .
Laramie County, No. 1, Wyo., Bs...
Railroad.
Atchison, Topeka & SanU Fe. 4s. . . . ) |
Atchison, Topeka & Santa Fe, 2nd \ \
m.,4s ) !
Kansas Pacific, 6s :
Missouri Pacific, 6s
Galveston, Harrisburgh & San An-
tonio., 6s I
Chicago & West Michigan, 68 i
Detroit, Lansing & Northern, 78 |
Kansas City, Fort Scott & Mem- !
phis, 68 1
Wisconsin Central, certificates |
Oregon Improvement Co., 68 i
Chicago & North Mlchlaran, 68 |
Chicago, Burlington & Qulncy, 68 — {
Concord & Montreal, 48
MiSCBLLANBOUS.
Portland Consolidated Street Rail-
way, 68
Keene Gas Light Co., 66
New Hampshire Trust Co., deb.. 68.. .
Denver Consolidated Electric Co.. 6»
Falrmount Cemetery Association, 68
General Electric Co., Boston, 6s
Metropolitan Street Railway Co.,
Denver, 6s
$6,800.00
112,200.00
4,000.00
8,000.00
8,000.00
•12.200.00
$6,826.00
1.000.00
2,000.00
1,000.00
8,120.00
8,811.00
$16,766.00
$1,087.00
1,500.00
1,100.00
6,000.00
$8,687.00
$867.00
1,860.00
2,400.00
8,106.00
1,200.00
1,960.00
4,800.00
8,000.00
2,260.00
1,200.00
2,910.00
8,000.00
$6,000.00
$2,200.00
4,000.00
8,000.00
8,000.00
$12,200.00
$6,826.00
2,000.00
2.000.00
l/)00.00
8,000.00
8.760.00
$17,675.00
$1,067.00
1,600.00
1,100.00
6,000.00
$8,687.00
$1,200.00 )
1,696.00 )
8,000.00
8,000.00
8,000.00
8,000.00
3,000.00
5,000.00
8,000.00
8,000.00
8.000.00
8,000.00
8,000.00
$28,042.00
$8,760.00
6,000.00
2,160.00
3.000.00
8,000.00
8,000.00
8,000.00
$87,896.00
$8,760.00
6,000.00
2,700.00
8,000.00
8,000.00
8,000.00
8,000.00
$22,910.00
$28,460.00
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BANK commissioners' REPORT.
241
3ULE OP BONDS AND STOCKS OF THE WALPOLE SAVINGS
BANK.— Oonttnu«d.
STOCKS.
Estimated
Market Valae.
Par Value.
Valoe on
Books.
Bank.
oDO Nfttlonftl. Boffton .,,,,--, t
$8,186.00
$8,800.00
•8.300.00
Manufactubino.
liUps MUls, FaU River, Mass..
$2,825.00
$2,800.00
$2,760.00
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242
BANK COlfMISSIONEBS REPORT.
♦WILTON SAVINGS BANK.— WILTON.
David E. Proctob, President. Geoboe E. Bales, Treasun
Trustees — David E. Proctor, Moses Clark, E. 6. Woodma
Daniel Cragin, E. P. Hutchinson, Henry N. Gray, Lewis Tin
ley, W. D. Stearns, F. M. Pevey, Nash Simons, R. M. Mooi
Joshua F. Frye, Starr B. Center, H. L. Emerson, George '.
Bales.
Investment Committee — Moses Clark, Daniel Cragin, F. M. Peve
David E. Proctor, George E. Bales.
STATEMENT.
Liabilities.
Amoant dae depositors
Quaranty fond
Interest
Impairment
11161,132.78
8,000.00
88.19
$161,182.
$164,216.92
1,956.92
11162,260.00
$164,216
Assets.
\ Estimated
Market Valae.
Par Valae.
Value on
Books.
$60,778.25
$69,778.26
$59,778.
12,844.66
12,844.66
12,844.
8,121.74
8,121.74
8,121.
14,668.86
14,668.86
14,668.
1,200.00
1,200.00
1.200.
18,496.00
18,960.00
19,8a0j
6,080.00
6,000.00
6,281.
6,800.00
6,000.00
6.000.
1,750.00
2,000.00
2,000J
80,624.80
80,624.80
80,!jM-
2.600.00
2,600.00
2,600.
228.93
228.98
228.
l,277.n
1,277.77
1,277.
$162,200.00
$168,084.00
$164,216.
Loans secured by western mort-
gages
Loans secured by local real estate. .
Loans on personal security (local).. .
Loans on personal security (west-
em)
Loans on collateral security (west-
em)
County, city, town, and district
bonds
Miscellaneous bonds
Bank stock
Miscellaneous stocks
Real estate by foreclosure
Real estate purchased
Cash on deposit in national banks... .
Cash on hand
* Enjoined by the Supreme Court from receiving and paying deposits.
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UONEBS BEPOBT.
243
, Earnings, and Expenses
ExaminatUmJ
1895, to June 3, 1896.
8t examination
declared, 3 per cent.
$166,216.24
4,913.73
2,639.64
,
.
$173,769.61
12,636.88
>f business Jnne 3,
$161,132.73
•
.
$5,149.89
1,510.77
$6.58
408.72
37.50
1,639.09
1,077.48
. 1,186.00
160.77
$6,660.66
4,515.14
■
•
$2,145.52
$2,768.21
•
•
$4,913.73
lation
•
$2,851.40
2,768.21
imination
•
$83.19
Tohn
teof
.p,$
idivi
Hate
bone
450.
nothij
dual,
h and Thomas J. Walker.
I, Jan. 7, 1889.
ig ; as surety, nothing,
corporation, or company.
rtgage in this state at a rate not ex-
un, none,
in New Hampshire, $31,666.39.
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244
BANK GOMMI8SION1SRS' REPORT.
SCHEDULE OF BONDS AND STOCKS OF THE WILTON SAVINGS
BANK.
BONDS.
Estimated
Market Value.
i Par Value.
(
Valne oi
Books.
COUHTT.
PnlAflki. 111. 8s
tl,600.00
$1,600.00
$1,817
City and Town.
Grand Forks. North Dakota, 6s
Bast Oakland. 111.. lOs
$2,060.00
1,000.00
8,860.00
$2,060
Salom. South Dakota. 7s..
8,860.00
8,684
School Distbict.
$6,480.00
$6,880.00
$6,679
Spokane County, No. 18, Wash.. 8s...
Whitman County, No. 180, Wash., 8s..
Stevens County. No. 20. Wash., lOs. . .
Whatcom County, No. 2, Wash., 7s.. .
King County, No. 28, Wash., 88
Great Falls City, No. 1, Mont., 68
Sterens CCunty, No. 26, Waah., 88. . . .
$1,296.00
990.00
580.00
3,160.00
2,600.00
2,040.00
1,060.00
$1,200.00
900.00
600.00
8,000.00
2,800.00
2,000.00
1,000.00
$1388
i,on
600
8,088
2.685
2,000
1,128
Ml8CBLX<ANBOU8.
$11,666.00
$11,100.00
$11,818
Metropolitan Street By., Denver, 68..
MetroDolis Water Co.. 111.. 7a
$2,020.00
8,060.00
$2,000.00
8,000.00
$2,040
8,221
STOCKS.
$6,060.00
$6,000iW
$6,261
Bank.
First National. Nashua
$6,000.00
800.00
iloooioo
$5i000
1,000
Globe Savings Bank, Chicago, 111. . . .
MiSCBLLANBOnS.
$6,800.00
$6,000.00
$6,000
Seouritv Trust Co.. Nashua
$760.00
1.000.00
$1,000.00
1,000.00
$1,000
Nashua Trust Co., Nashua
$1,760.00
$2,000.00
$2,000
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BANK GOMMI88IONEBS' REPORT.
245
WOLFEBOROUGH SAVINGS BANK.— WOLFE-
BOROUGH.
[N Jones, President Charles F. Parker, Treasurer,
ees — Rollin Jones, Albert W. Wiggin, Charles H. Gage,
»rge E. Symonds, Charles B. Edgerly, William B. Hodge,
a*les F. Parker.
inent Committee — Charles H. Gage, Charles B. Edgerly.
STATEMENT.
Liabilities,
tdue depositora.
t
1120,289.91
9,069.19
$29,809.10
$90,288.01
9,089.19
$29,800.10
Assets,
Estimated
Market Value.
Pap Value.
Valae on
Books.
$4,860.00
$4,660.00
$4,660.00
4,811.98
4,811.98
4,811.96
3.907.82
8,907.82
'•SS
108.00
108.00
1,060.00
1,400.00
1,060.00
9,794.60
9,794.60
9,794.60
4.668.78
4,668.73
4,658.73
988.12
988.12
933.12
$29,809.10
$29,660.10
$29,809.10
* In liquidation.
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246
BAinC COlfMIflSIONSBS' REPORT.
Statement of DBPoens, Earnings, and Expenses
(Since la§t BxaminatUm)
From Oct 16, 1895, to Sept. 30, 1896.
Amount of deposits at date of last examination
Amount and rate of dividends declared, 2 per cent.
Amount of withdrawals under order of the court .
Amount of deposits at close of business Sept.
30,1896
Gross income
From surplus
Interest and rebates paid
Salaries, rents, and incidentals
Local taxes ....
Western taxes
Losses charged oft*
$1,026.62
774.60
420.74
426.69
735.00
Net earnings
Dividends October, 1895
Surplus and interest, last examination
From surplus ....
Surplus and interest, present examination
963,016.;
1,249.:
964,266.:
44,026.1
$20,239.1
$2,465.1
2,167.<
$4,633.1
3,383.^
$1,249.1
1,249.1
$11,237.1
2,167.1
S9,069.1
Incorporated 1871.
Examination Sept. 30, 1896, by Alpheus W. Baker.
Treasurer's bond, $35,000. Date of bond, April 2, 1892.
Annual compensation of treasurer, $480.
Indebtedness of trustees as principal, S3,406 ; as surety, nothing.
Largest amount loaned to any individual, corporation, or compan
$2,000.
Amount of loans secured by mortgage in this state at a rate n<
exceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $18,159.10,
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BANK COliMISSIONEBS' REPORT.
247
)SVILLE GUARANTY SAVINGS BANK.— WOODS-
VILLE.
B. Mann, President.
H. W. Allen, Treasurer.
ss—Kenry C. Carbee, Charles I. Smith, Seth Ford, E. G.
:er, Charles R. Gibson, David Whitcher, John G. Kimball,
ter Abbott, Ezra B. Mann.
nent Committee — David Whitcher, Charles I. Smith, Seth
, Charles R. Gibson.
STATEMENT.
Liabilities.
Aq6 denofiitors • • • •
$161,105.28
25,000.00
1,960.74
$161,106.23
25,000.00
1,960.74
y f and
ent
$188,055.97
8,732.80
$179,823.17
$188,055.97
Assets.
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248 BANK commissioners' report.
Statement of Deposits, Earnings, and Expenses
(Since la»t ExaminatianJ
From May j^, 1895, to August 3, 1896.
Amount of deposits at date of last examination $177,469.3
Amount and rate of dividends declared, 3^ per cent. 6,049.9
Amount of deposits received 63,936.4
$247,455.6
Amount of withdrawals 86,350.4
Amount of deposits at close of business, Aug. 3,
1896 $161,105.2
Gross income $9,998.3
Interest paid out $385.18
Salaries, rents, and incidentals 1,140.44
State tax 1,510.29
Western taxes 70.28
Premiums charged off . . 11.00
3,117.1
Net earnings $6,881.1
Dividends to general depositors, October, 1895, and
April, 1896 6,049.9
To surplus $831.2
Surplus and interest, last examination . $1,119.5
Increase 831.2
Surplus and interest, present examination . $1,950.7
Incorporated 1890.
Examination Aug. 3, 1896, by Alpheus W. Baker.
Treasurer's bond, $17,500. Date of bond, March 16, 1896.
Clerk, Mrs. C. C. Dow.
Annual compensation of treasurer, $500.
Annual compensation of clerk, paid by treasurer.
Indebtedness of trustees as principal, nothing ; as surety, nothing.
Largest amount loaned to any individual, corporation, or compan;
Amount of loans secured by mortgage in this state at a rate n<
exceeding five per cent, per annum, nothing
Total amount loaned or invested in New Hampsliire, $78,728.33.
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BANK commissioners' REPORT.
249
ULE OF BONDS AND STOCKS OF THE WOODSVILLE GUARANTY
SAVINGS BANK.
BONDS.
Estimated
Market Value.
Par Valae.
Value on
Books.
OOUWTT.
, Col., 6s
City and Town.
3. Dak., 6s....
.Waali.,6s....
n, Utikh, 6s....
m, W ash., 6s .
, Iowa, 6s
School Distbict.
•n County, NOi 44, Wash., 9s.
MiSCBLLANBOUS.
owa, deb., 68...
Railway Co.,
o., 6s
x>an Co., deb.,6s
Bb., 6s
Co., 68
Co., scrip
ila., 68
y Association,
llectricCo., 6s.
STOCKS.
Bank.
a Bank of Commerce, Pierre,
ank of Sammerfleld, Kan. . . .
igton Bank. Walla Walla,
MiSCBLLANBOUS.
rllle Loan & Banking Co
ter Trust Co
Lgland Loan & Trust Co., Iowa
$2,06.00
$4,875.00
8,000.00
4,000.00
6,000.00
2,688.00
$19,668.00
$1,600.00
$810.00
4,000.00
500.00
1,500.00
125.00
2,500.00
1,000.00
2,000X)0
$2,600.00
$6,500.00
8,000.00
4,000.00
5,000.00
2,698.00
$21,198.00
$1,500.00
$2,600.00
$6,500.00
4,060.00
5,000.00
2,698.00
$21,278.00
$1,697.60
$900.00
$900.00
5,000.00
2.970.80
127.50
500.00
1,500.00
125.00
5,000.00
6,000.00
2,970.30
127.60
500.00
1,876.00
125.00
8.685.00
1.000.00
2,000.00
1.000.00
2,000.00
$19,122.80
$17,682.80
$1,000.00
500.00
500.00
«
$2,000.00
$2,000.00
$2,400.00
1,000.00
1,000.00
$2,487.50
1,000.00
1,000.00
$8,180.00 1
$4,400.00
$4,487.60
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250 BANK GOMMISSIONEB8' BEPORT.
SAVINGS BANKS DOING BUSINESS IN THE SAME OFFICE \V
NATIONAL OR STATE BANKS.
Amoskeag Savings Bank, Manchester, with Amoskeag National Bank.
Coohecho Sayings Bank, Dover, with Cochecho National Bank.
Colebrook Guaranty Savings Bank, with Colebrook National Bank.
Dartmouth Savings Bank, Hanover, with Dartmouth National Bank.
Farmington Savings Bank, with Farmington National Bank.
Farmers' Savings Bank, Plttsfleld, with Pittsfleld National Bank.
Franklin Savings bank, with Franklin National Bank.
Guaranty Savings Bank, Manchester, with Merchants' National Bank,
lona Savings Bank, Tilton, with Citizens' National Bank.
Keene Guaranty Savings Bank, with Citizens' National Bank.
Laconia Savings Bank, with People's National Bank.
Lancaster Savings Bank, with Lancaster Trust Company.
Lebanon Savings Bank, with National Bank, Lebanon.
Littleton Savings Bank, with Littleton National Bank.
Loan and Trust Savings Bank, Concord, with National State Capital BanJ
Manchester Savings Bank, with Manchester National Bank.
Mechanics Savings Bank, Manchester, with Second National Bank.
Merrimack County Savings Bank, Concord, with M^chanicks National B
Merrimack River Savings Bank, Manchester, with First National Bank.
Monad nock Savings Bank, JaCTrey, with Monadnock National Bank.
Newport Savings Bank, with National Bank, Newport.
Norway Plains Savings Bank, with Rochester National Bank.
People's Savings Bank, Manchester, with Amoskeag National Bank.
Piscataqua Savings Bank, Portsmouth, with First National Bank.
Plymouth Guaranty Savings Bank, with Pemigewasset National Bank.
Public Guaranty Savings Bank, Newport, with Citizens' National Bank.
Rochester Savings Bank, with Rochester Loan and Banking Company.
Rollinsford Savings Bank, with Salmon Falls State Bank.
Security Savings Bank, Winchester, with Winchester National Bank.
Siwooganock Savings Bank, with Lancaster National Bank.
Sullivan Savings Institution, with Claremont National Bank.
Union Guaranty Savings Bank, Concord, with First National Bank.
WoodsviUe Guaranty Savings Bank, with Woodsvllle Loan and Banking
pany.
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252
BANK COMMIB8ION1SB8' REPORT.
TABLE No. 3.— Alphabetical list of Saying Hanks, with statement of liabl
tne close of basiness Jane 80, 1886 ; also giving the nnrnl
1 Amoskeag, Manchester
2 Ashland
8 Belknap, Laoonia
4 Bristol
6 Cheshire ProTident Institation, Keene
6 City Qaaranty, Nashua
7 Cocheoo, Dover
8 Colebrook Guaranty
9 Conway
10 Dartmouth, Hanover
U Epping
IS Farmers*, Pittsfleld
18 Farmington
14 PltswiUIam
15 Francestown
16 Franklin
17 Gorham Five Cents
18 Guaranty, Manchester
19 Hillsborough Bridge Guaranty
90 Hinsdale
-21 lona, Tilton
28 Keene Five Cents
28 Keene Guaranty*
24 Laconia
25 Lake ViUage, Lakeport
26 Lancaster
-27 Lebanon
28 Littleton
29 Loan and Trust, Concord
■80 Manchester
81 Mason Village, Greenville
82 Mechanics, Manchester
88 Meredith Village
84 Merrimack County, Concord
M Merrimack River, Manchester
86 Milford
87 Monadnock, East Jaffrey
38 Nashua
88 New Hampshire Banking Co., Nashua
40 New Hampshire, Concord
41 New Ipswich
42 Newport
48 Norway Plains, Rochester
44 Ossipee Valley, Freedom
45 People's, Manchester
46 Peterborough
47 Piscataqua, Portsmouth
48 Pittafleld
49 Plymouth Guaranty
60 Portsmouth
51 Portsmouth Trust and Guaranty Co
82 Public Guaranty. Newport
58 Rochester
54 Rollinsford, Salmon Falls
55 Security, Winchester
M Siwooganock Guaranty, Lancaster
67 Somersworth
58 Squamscott, Exeter
59 Strafford, Dover
60 Suflrar River, Newport
-61 Suuivan Savings Institution, Claremont...
62 Union Five Cents, Exeter —
4J8 Union Guaranty, Concord
64 Walpole
65 Wilton
« Wolfeborough
^7 Woodsvllle Guaranty,
4,246;876.81
89,894.48
661.490.54
698,296^
114,868.96
695,266.78
777.260.87
601,484.48
832,068.85
291,889.77
8,702,128.51
1.096,502.16
168,490.21
220,785.28
679,268.12
228.001.15
894.852.68
1.328.698.82
57,969.88
4,840,954.41
81360.78
1,175,794.41
479,602.29
465,884.85
247.890.03
160,452.58
38.548.68
169,589.18
$68,215,175.84
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BANK COMMIfBIONKBS REPORT.
258
Msifled assets, showing the market values, as returned by the banks at
tors of each bank, and the premium or Impairment of assets.
Interest,
Miscellaneous
indebtedness.
Total liability.
Number of
depositors.
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264
BANK COMMIS8IONBBS REPOBT.
TABLE No. 1.-
NAMES.
o
2
1
2
8
4
6
6
7
8
9
10
11
12
18
14
16
16
17
18
19
20
21
24
"25
26
-27
28
20
^
81
■82
:88
84
^
86
87
3i
89
40
41
42
48
44
45
46
47
48
61
52
58
54
66
66
67
68
60
60
61
62
68
64
66
66
67
Loans secared .Loans secured
by Western by local
mort^pa^es. mortgages.
Amoskeag
Ashland
Belknap
Bristol
Cheshire Provident Inst
City Gnaranty
Cocheoho
Colebrook Gnaranty
Conway
DartmoDth
Epplng
Farmers'
Farmington
Fit«wlllTam
Francestown
Franklin
Gorham Five Cents
Guaranty
HiUsborongh
Hinsdale
lona
Keene Five Cents
Keene Gnaranty
Laoonia..
Lake Village
Lancaster
Lebanon
Littleton
Loan and Trust
Manchester
Mason Village
Mechanics
Meredith Village
Merrimack County
Merrimack River
Milford
Monadnock
Nashua
New Hampshire Banking Co.
New Hampshire
New Ipswich.
Newport .
Norway Plains
Ossipee Valley
People's
Peterborough
Piscataqua
Pittsfleld
Plymouth Guaranty
Portsmouth
Portsmouth Trust and Guaranty Co.
Public Guaranty
Rochester
Rollinsford
Secu rlty
Siwooganock Guaranty
Somersworth
Squamscott
Strafford
Sugar River
Sullivan Savings Inst
Union Five Cents
Union Guaranty
Walpole
Wilton
Wolfeborough
WoodsvUle Guaranty
$607,622.66
8,607.86
2611,476.00
170,804.80
840,016.22
81,980.00
28,090.00
2,960.00
882,610.20
22,200.00
6,886.00
88,081.27
20,460.00
10,007.20
190,828.68
288,888.60
27,876.00
73,825.00
108,100.00
676,902.68
276,247.18
128,224.11
98,296.00
161.762JM
262,808.19
162,724.46
600,689.76
1,609,418.10
11.748.80
28,200.00
811,088.02
261,661.15
661.748.11
276,601.16
189,666.02
816,810.26
844.244.26
899,881.00
188,420.01
87,827.44
1,060.00
408.807.21
160.406.26
184,606.00
62,880.00
62,684.00
817,080.84
204,686.76
62,787.67
54,668.86
140.245.00
69,111.80
124,761.00
1.860.00
206,000.00
462,083.27
01,183.44
71,080.22
87,180.00
68,678.26
6,400.00
60,056.60
$12,067,047.87
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256
BANK GOMMI88IOKEB8 REPORT.
TABLE No.
o
2
NAMES.
County, city,
town, and
district bonds.
Railroad
bonds.
1 Amoskeag
2 Ashland
8 Belknap
4 Bristol I
6 Cheshire Provident Institntlon
6 City Guaranty
7 Cooheco
8 Colebrook Gaaranty
9 Conway i
10 Dartmouth
11 Eppinsr '
12 Farmers'
18 Farminfl^on i
14 FlUwilllam I
16 Francestown '
16 Franklin
17 Qorham FiTe-Cents'
18 Gaaranty '
19 Hillsborongh I
20 Hinsdale
21 lona !
22 Keene Five-Cents ;
28 Keene Guaranty
24 LacoDia
25 LakeVillagre
26 Lancaster
27 Lebanon
28 Littleton
29 Loan and Trust
80 Manchester
81 Mason Village
82 Mechanics'
88 Meredith Village
84 Merrimack Coanty
86 Merrimack River
86 Milford
87 Monadnock
88 Nashua
89 New Hampshire Banking Co. .
40 New Hampshire
41 New Ipswich
42 Newport
48 Norway Plains
44 Ossipee Valley
46 People's
46 Peterborough
47 Piscataqua
48 Pittsfleld
49 Plymouth Guaranty
60 Portsmouth
61 Portsmouth Tr. and Guar. Co. .
62 Public Guaranty
68 Rochester
64 Rollinsf ord
66 Security
66 Siwooganock Guaranty
67 Somersworth
68 Squamscott
69 Strafford
60 Sugar River
61 Sullivan Savings Institution. . .
62 Union Five-Cents
68 Union Guaranty
64 Walpole
66 Wllt«n
66 Wolfeborough
67 Wood sville Guaranty
$286,606.00
2,100.00
77.840.00
204,660.06
196,088.24
67,967.96
20,681.26
9,196.00
24,980.00
807,060.80
12,600.00
4.085.00
2,160.00
189,040.00
40,780.00
144.846.00
74.000.00
101.610.00
2044»8.00
64.800.00
646,982.00
84,645.00
88,880.08
280,610.00
429,826.00
412,868.60
869.280.00
88,060.00
80.220.00
66,086.00
194.680.64 ;
96.620.00
104345.00 !
76,120.00
102,898.31
168,946.00
460,217.42
125,586.00
114,825.00
21,400.00
98,746.00
77.652.66
14,790.00
52.125.00
1,218,462.86
169,880.00
18,440.94
248,642.00
40,791.00
4.200.00
781,870.00
1,768,186.00
11,276.00
96,410.00
41,878.24
16,096.00
22,258.00
$605,166.00
66,710.00
24,015.00
48,000.00
22,840.00
202,142.26
8,775.00
6,000.00
6,800.00
51,200.00
21,188.75
10,111.90
60,110.00
60,600.00
20,850.00
27,000.00
180,578.00
972.845.00
8.680.00
22,060.00
151,862.50
881,490.00
81,856.00
86.600.00
6,060.00
1,144,065.00
8,120.00
26,240.00
120,660.00
89,440.00
60,667.00
10,725.00
76,860.00
60,476.00
14,000.00
229,728.00
066,'2bo.OO
89,000.00
6,085.00
22,080.00
41,088.00
$10,289,040.96 ! $6,489,746.40
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BANK COmOBSIONKKS REPORT.
257
tank stock.
Railroad
stock.
Manufactar-
\ng and mis-
cellaneous
investments.
Warrants and
miscellaneous
investments.
Real estate
by
foreclosure.
$296,780.00
$607,332.00
$376,340.00
1,800.00
88,760.00
11,175.00
49,177.14
8,600.00
$11,674.00
$74,260.00
8.870.00
6^90.00
97,920.00
10,000.00
10,025.00
1,740.00
8,000.00
19,600.00
900.00
4,560.00
173,686.80
86,002.50
845,121.37
19,750.00
7,517.45
8,604.40
8,800.00
96,212,50
17,730.25
4,100.00
5,750.00
1,950.00
15,621.62
4 160 00
7,120.50
79,960.00
300 00
1,955.00
85,896.00
9,600.00
9.400.00
44,410.00
250.00
750.00
7,085.00
15,200.00
7.850.00
5.000.00
7,575.00
6.100.00
15,989.75
5,800.00
12,000.00
72S.00
49,700.00
31,681.96
5,250.00
4,200.00
6,530.00
1,000.00
7,225.00
16.260.00
41,660.00
8,680.00
18,860.00
7,885.00
78,696.00
5,260.00
18,426.00
5.000.00
879.722.60
72,885.00
112,065.00
5.200.00
64.048.96
83,596.00
6,720.11
60,976.97
7 885 08
711.80
810.50
88,810.00
1,176.45
50,065.00
60.848.24
148,049.56
27,005.78
816.97
7,900.00
8,600.00
92,200.00
27,088.88
29,880.00
9,570.00
13.350.00
86,160.00
57,140.00
87,800.00
108,801.00
8,400.00
31,375.00
20,167.84
24,499.00
838,999.63
196,111.78
41,780.00
61,682.00
12,892.24
72,222.62
41,821.41
190,400.00
140,000.00
2,960.00
1,700.00
40.875.00
87,660.00
131,518.64
210,871.89
49,280.00
869,190.93
110,069.96
187,547.67
11,000.00
66,858.62
24,764.81
860 66
540.00
21,960.00
86,471.00
6,750.00
7.399.12
748.28
13,549.36
8,600.00
67V86b.OO
258,865.00
540.00
34,000.00
18.892.86
2,616.88
85,625.00
168,286.00
27,700.00
14.485.00
191,325.00
24,670.00
188,260.00
94,897.50
438.647.00
14,476.70
80,382.00
2.975.00
888,760.00
11,809.68
6.871.60
42,100.00
6,608.00
1.800.00
18,860.00
48,750.00
46,578.75
1,460.00
82.600.00
51,061.67
3,086.66
3,26O.'0O
120,474.50
1,120.00
8,800.00
15,600.00
5,802.16
88.865.00
40,468.37
15,525.00
15,625.00
25,800.00
20,610.00
61,609.97
72,226.41
82,976.76
14,560.00
811347.93
67,840.47
48,867.26
12,80134
31,798.62
88,823.75
28,481.11
20,561.87
1,960.00
18,777.98
10,000.00
60.00
17.350.00
18.250.00
12.550.00
2.500.00
4,750.00
25.000.00
14,000.00
6,600.00
21,210.72
4.826.67
16,266.67
10,202.08
764.99
10,000.00
928.72
11,175.00
77,930.00
7,760.00
27,480.00
65,965.00
1,960.00
125.00
69,706.68
12.600.00
8,288.12
54,600.00
800 00
937.860.00
77,400.00
5,191.25
63.999.50
8,102.00
6.000.00
1,060.00
6,437.50
38.680.00
11,585.00
26,600.75
8,i()b*00*
4,147.71
2,270.00
81,460.00
2,600.00
1,850.00
91,580.02
28,254.82
99,222.30
2,200.00
82,024.30
1,000.00
6,109.79
♦2,407,176.66
•8,409,709.61
$1,671,889.78
$293,717.97
$4,482,206.71
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258
BANK COMMISSIONEBS' REPORT.
TABLE No.
o
2
NAMES.
Real estate
and bank
balldinfcs.
1
2
8
4
6
6
7
8
9
10
11
12
18
14
15
16
17
18
19
20
21
22
28
24
25
26
27
28
29
80
81
82
88
84
85
86
87
88
89
40
41
42
43
44
45
46
47
48
49
60
51
52
63
54
55
66
67
68
59
60
61
62
68
64
65
66
67
Amoskea^
Ashland
Belknap
Bristol
Cheshire Provident Institution
City Guaranty
Cocheco
Colebrook Guaranty
Conway
Dartmouth
EppiuK
Farmers'
Farmington
Fitzwilllam
Francestown .*.
Franklin
Gorham Five-Cents
Guaranty
Hillsborougrh
Hinsdale
lona
Keene Five-Cents
Keene Guaranty*
Laconia
Lake Village
Lancaster
Lebanon
Littleton
Loan and Trust
Manchester
Mason Village
Mechanics
Meredith Village
Merrimack County
Merrimack River
Milford
Monadnock
Nashua
New Hampshire Banking Co
New Hampshire
New Ipswich
Newport
Norway Plains
Ossipee Valley
People's
Peterborough
Piscatauua
PittsOeld
Plymouth Guaranty
Portsmouth
Portsmouth Trust and Guaranty Co.,
Public Guaranty
Rochester
Rollinsf ord
Security.,
Biwooganock Guaranty
Somersworth
Squamscott
StrafTord
Sugar River
Sullivan Savings Institution
Union Five-Cents
Union Guaranty
Walpole ■
Wilton
Wol f eborough
Woodsville Guaranty
$44,640.08
2,000.00
18,180.00
26,476.82
60,360.29
10,000.00
8.000.00
2.000.00
7,039.45
1,000.00
1,600.00
206.00
6,668.53
11,000.00
83,641.04
67,745.79
2,000.00
25,000.00
3,000.00
1,850.00
51,500.00
1,000.00
9,217.50
14,500.00
5,662.30
10,600.00
260.00
60,000.00
93,000.00
3,000.00
2,064.00
7,000.00
2,600.00
2.500.00
10,744 50
8,102.10
$606,767.80
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BANK COMMISSIONBBS BBPOBT.
259
ToUkl
assets.
Book Talne
of assets.
Premium.
Impairment.
$4,851,816.88
86,664.85
1,189,801.86
635,899.15
2,180,452.89
661,058.71
268,692.22
206,884.83
146,985.89
1,176,025.14
75.318.81
124,958.26
841.892.04
184,621.02
70.005.21
1,026,258.99
67,299.61
980,465.98
285,802.69
263.268.82
428,825.91
2,329,176.68
884,866.04
1,664,872.52
294,278.14
694,057.18
988,301.47
1,176,846.72
2,761,400.49
8.062,019.48
143,350.20
625,853.90
485,267.70
1,698,061.58
2,190,464.22
836,325.56
516,608.16
2,295,281.50
1,114,911.87
4,669,627.42
47,492.96
741,998.82
710,695.97
119,965.86
863.369.13
784,213.24
635,344.40
858.805.61
344,564.23
3,965,744.34
1,282,424.65
198,146.94
245,625.17
788,990.07
236,30».24
465,009.78
1,521.678.99
69,764.07
6,631,579.42
82,224.62
1,249,287.16
497,788.96
640,186.70
267,508.54
160,061.60
42,521.58
186,067.71
$69,911,610.85
$4,496,099.88
86,664415
1,111.418.86
641,817.30
2,125,877.28
637,653.71
266,799.22
206,648.83
148,611.39
1.185,994.26
75,193.81
124,467.68
846,797.04
141.162.74
69,662.96
990,575.99
67,299.61
915,816.92
280,591.44
260,888.32
424.326.91
2.826,114.09
*993.617.32
1.619.636.62
292.110.64
684,164.09
970,406.47
1,146,279.47
2,691,640.49
7,788,018.38
143,920.96
615.152.90
481,482.70
1,676,961.58
2,103,138.85
846,193.06
513,299.41
2,349,389.72
1,109.025.87
4,572.878.79
48.172.96
712.948.32
708.051.10
119.965.86
852.148.88
814,860.24
633,579.78
857,594.51
337,398.23
3,893,549.09
1,254,220.39
198,146.94
245,625.17
751,758.07
288,768.24
463,079.78
1,462,236.49
60,939.07
5,215,619.42
82,174.52
1,246,998.66
490.487.71
564,766.45
267,249.54
163,677.52
42.521.58
186.245.21
$368.n6.00
' '27V^'.60*
4.676.16
13.500.00
1.798.00
236.00
89,030.88
125.00
490.68
862.25
34,683.00
15,139.01
4,711.26
2,375.00
4,50r.00
3,062.44
35.287.00
2,167.50
9,893.09
12,895.00
29,567.25
69,760.00
274,006.10
10,201.00
8,785.00
21,100.00
87,825.37
8,208.75
5,886.00
96,748.63
29,050.50
2,544.87
11,220.25
1.764.62
1.211.00
7.166.00
r2. 195.25
28.204.26
37.232.00
1.930 00
69.442.50
415.960.00
50.00
2,288.50
7,801.25
254.00
$68,829,416.17
$1,845,767.86
$6,918.16
2,626.00
4,905.00
6,541.72
126,701.67
670.76
9,867.50
MViiw'ii
680.0d
30,647.00
2,459.00
. , *^
ilviixii
14,579.76
8,615.92
177.50
$263,573.18
r \
i-
* Deficit, $16,449.89.
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t
SAVINGS BANKS IN CHARGE OF ASSIGN:
ALTON FIVE-CENTS SAVINGS BANK— ALTO
To the Bank Commissioners of the State of New Hampshh
The assi^ee of the Alton Five-Cents Savings Bank subm
following statement of the condition of the affairs of said b
of date November 21, 1896. Since my statement of Deceml
1895, 1 have paid, by order of the court, a dividend of fii
cent., January 1, 1896, to all depositors who had proved
claims.
There are seventeen depositors who have not proved their <
amounting to $507.21.
I shall probably pay a dividend of 10 per cent, about Janu
1897.
Liabilities,
Amount due depositors $
Dae on diyidend No. l
Assets.
Loans secured by western farm and city mortgages (
Loans secured by local real estate
Loans on personal security
Miscellaneous bonds
Miscellaneous stocks
City warrants
Real estate by foreclosure
Cash on deposit in n ational bank
Cash on hand
Respectfully submitted,
HERBERT J. JONES, Assig
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na C0MMI88I0MER8' UEPOBT. 361
RIVER SAVINGS BANK.— CHARLES-
TOWN.
Account to Noykmbeb 13, 1896.
9f the State of New Hampshire :
ticut River Sayings Bank in Charles-
tatement of his transactions since his
of the affairs of said bank on the
Lowed by the commissioner are 1,302
S577,413.25. A dividend of forty
iously paid on account of the fifteen
ction, was made by the court, and I
^or, since January 30, 1896.
en as follows :
res $70,272.96
12,485.09
1,364.85
$84,122.90
114,397.76
$198,520.66
1 as follows :
. $140,850.70
drs 1,979.07
sions, ex-
>ther ex-
6,951.84
149,781.61
onal banks . . $48,739.05
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262 BANK commissioners' report.
The present nominal assets of the bank are as follows :
Cash on hand ($40,000 on deposit at 2 per cent) $48,789.
ix>ans secared by western farm and city mortfirafires 142,666.
Loans secared by local real estate 1,228.
Loans on personal secarlty (local) 16,642.
Loans on personal secarlty (western) 69,929.
Coanty, city, town, and district bonds 1.500.
Certificate or deposit 4,290.
Miscellaneoas bonds 7,000.
Bank stock 25,044.
BflscellaneoDs stocks 4,000.
Real estate by foreclosare 78,663.
Total nominal assets $888,998.
The present liabilities are as follows :
Amoont dae depositors $846,152.
Ajnoant due on dividend No. 1 8,927.
$&56,080.
The value of the assets is so uncertain that I prefer giving tl
nominal, or book, value to attempting to make any estimate <
actual value.
Respectfully submitted,
FRANCIS C. FAULKNER, Assignee.
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264 BANK commissioners' bepobt.
DERRYFIELD SAVINGS BANK AND TRUST COM-
PANY.—MANCHESTER.
Assignee's Account to October 13, 1896. Report No. 4.
To the Bank Commissioners of the State of New Hampshire:
Ttie assignee of the Derryfield Savings Bank and Trust Coi
pany submits the following statement of the condition of its affai
on the date aforesaid :
Since the assignee filed his third report on December 17, 189
he has declared a third dividend of ten per cent, as of January 1
1896. Two other dividends, aggpregating fifty per cent., we
declared previously; these three dividends now make up a tot
dividend of sixty per cent, that have been declared. The assign
has filed in the Supreme Court for Hillsborough county, his resi
nation as such, and with it a full and complete accounting of h
trust from the time of his appointment. Harry E. Loveren, Else
was appointed hb successor. On October 13, 1896, he turned ovi
the assets remaining in his hands to his said successor. The liab
ities and assets of said bank, at the time the assets were tum(
over to Mr. Loveren, were as follows :
Lia^bilities.
Arnoont doe depositors $61,281
Dae on dividend No. 1 46
Due on d ividend No. 2 68
Dne on dividend No. 8 147
Capital stock 100.000
$161,494
Assets.
Value on Bool
Loans secured by western mortgaf^es $5,000
Loans secured by local real estate 2,822
Loans on personal security (local) 52,900
Loans on collateral security (local) 42,108
Railroad bonds 12,000
Miscellaneous bonds 10,180
Bank stock 10,000
Miscellaneous stocks 18,000
Cash on deposit in national banks 291
Cash on hand 8,842
Claim against Commonwealth National Bank 9,146
$160,886
Respectfully submitted,
DAVID A. TAGGART,
Assignee, Derryfield Savings Bank and Trust Compan
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INK COMMI88IONBB8' BBPOBT. 265
SAVINGS BANK AND TRUST COM-
PANY.— MANCHESTER.
nissioners of the State of New Hampshire:
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266
BAKK GOMMI88ION1SB8' REPORT.
DOVER FIVEX3ENTS SAVINGS BANK.— DOVER.
To the Bank Commissioners of the State of New Hampshire :
The assignee of the Dover Fiye-Cents Savings Bank reports tha
be has about one half enougb money on band to pay a dividend o1
twenty-five per cent., and that as soon as tbe market warrants wil
sell secorities enough to pay such a dividend.
A part of tbe money on band is safely invested at five per cent,
while the balance is on deposit in tbe Strafford National Bank.
Liabilities.
Amoont doe depositors $96,756.1
Doe on dividend No.l 4.168.1
t99,907.8
Assets.
Estimated
Market Valoe.
Valne on
Books.
Loans secured by western farm and city mortgages
Loans secared by local real estate
Loans on personal secnrlty
Loans on collateral secnrlty
Railroad bonds
Miscellaneous bonds
Bank stock
Railroad stock ...
Warrants
Real estate by foreclosure
*Oash on deposit In Dover National bank
Cash on deposit in Strafford National bank
Cash on deposit in Strafford Savings bank
$llp250.00
1,800.00
8,914.06
1,600.00
22,070.00
9.880.00
2,000.00
2,126.00
5,000.00
1,605.19
10,799.82
2,000.00
$78,198.87
$186,209.8
* Dover National Bank in hands of receiver.
SAMUEL D. FELKER, Assignee.
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268
BANK commissioners' KEPORT.
NEWMARKET SAVINGS BANK— NEWMARKET.
To the Bank Commissioners of the State of New Hampshire :
The assignee of the Newmarket Savings Bank respectfoUy :
ports that in October last a dividend of fifteen per cent., amoui
ing to $28,641.61, was declared, and has been mostly paid oat
the depositors.
The subjoined statement of the uncollected assets and their ee
mated value, made upon a conservative basis, shows that one
more small dividends will be paid in the future.
lAahUities.
Amoant dae depositors $76,87^
Dae on dividend No. 1 171
Due on dividend No. 2 41(
Due on dividend No. 8 5,a(K
Assets.
Estimated
Market Valae.
Value 01
Books.
Loans secured by western farm mortfirages >
Loans on personal security
Loans on collateral security
County bonds
Miscellaneous bonds.
Manufacturing stock
Miscellaneous stocks
Real estate taken In exchange for notes due bank.
Cash on deposit in national banks, on interest at
\\, per cent
$7,000.00
1,000.00
800.00
2,400.00
600.00
600.00
7J50.00
8,896.10
$28,846.10
$7^
16,2M
6,00(
40(
7,80(
1,00(
6,00(
7,75C
8.8M
$60,911
November 20, 1896.
JOSHUA G. HALL, Assignee.
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270 BANK GOMMI88IONSB8' REPORT.
SULLIVAN SAVINGS INSTITUTION.— CLAREMONT.
On December 31, 1896, the supreme court appointed Fraaci
G. Faulkner of Keene, and Henry C. Sanders of Claremont, as
signees of the Sullivan Savings Institution of Claremont.
The following is a statement of the liabilities and assets of thi
bank, showing the book value as found by the commissioners at th(
examination made December 22, 1896.
Liabilitiea.
Amount d ue depositors $1,175,794.4
Guaranty fund 55,000.0
Interest 2,484.5
$1,233,278.9
Assets.
Loans secured by western mortgagres'.' $568,672.9
Loans secured by local real estate 128,760.0
Loans on personal security (local) 37,310.0
Loans on personal security (western)* 85,310.0
Loans on collateral security (local) 93,904.5
Loans on collateral security (western) 11,995.8
County, city, town and district bonds 11,275.0
Railroad bonds 54,101.1
Miscellaneous bonds 185.500.0
Bank stock 73,890J1
Railroad stock 28,300.0
Warrants 2. 736.1
Real estate by foreclosure 1,000.0
Real estate purchased (one-half bank building) 3,000.0
Certificate of deposit 600.0
Cash on deposit in national banks 1.000.0
Cash on hand and cash items 5,722.9
Due from banks 200.0
$1,238,278.9
1 In this item, $20,550 represents a claim against a Western agent for collec
tions made; $82,658.27, receipts from agents for papers sent for collection
$36,177.69 memoranda of papers sent for collection.
* Receipts of $X7,666.40; memorandum of $721, sent for collection.
s On January 6, 1896, the bank sold to Hetty Green, $50,000 of Chicago loans a
par and interest, and agreed to re-purchase the same at par and interest aftei
October 1, 1896, in blocks of $10,000. For the fulfilment of this contract th<
Sullivan Savings Institution deposited with the Chemical National Bank, o
New York, Chicago loans aggregating $10,000. The bank has since paid th<
first installment of $10,000, and has received in return $10,000 of Chicago mort
gage loans sold. The remaining $40,000 has not been included in the genera
statement presented herewith, as It would only increase the aggregate o:
liabilities and assets by that sum.
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commissioners' bepobt.
271
JUST COMPANY.— NASHUA.
le supreme court appointed Lester F. Thur-
of the Security Trust Company of Nashua,
tement of the liabilities and assets of the
value, as delivered to the assignee by the
ffD Banking Depabtment.
Liabilities,
$200,000.00
218,300.00
484.40
122,231.17
195,615.62
1,412.88
(733,048.47
Assets.
St mortgages (in hands of trnstees) . . . (216,802.50
St mortgages 128,205.00
cond mortgages (commission notes).. 50,161.72
western) 200.919.51
8,200.00
86,700.00
3Unt 8,855.36
22,414.84
s.etc 19,892.71
84,589.69
277.29
6,000.00
23.76
1,104.84
996.78
1,900.08
$733,043.47
viNGs Department.
Liabilities.
$293,607.05
24,000.00
6,930.92
$324,487.97
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272 BANK COMMI88IONBB8' REPOBT.
Assets.
Loans secared by western morticages $82,451.
Loans secared by local real estate '. 8,900.
Loans on personal security (local) 4,464.
Loans on personal secaritv (western) 208,006.
Loans on collateral secarfty (local) 16,585.
Loans on collateral security (western) 14,O00j
Miscellaneous bonds (Dakota Investment Oo.) 8,150.
Miscellaneous stocks ( No. Dakota Milling Co.) 7,500.
Cash on deposit in banklnic department 39,000.
Cash on deposit in national bank flOO.
Cashonhand 180.
$824,487.
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TRUST COMP^NIICS.
BANK OF NEW ENGLAND.— MANCHESTER.
Jambs F. Bbiogs, President. Oliyeb B. Green, Treasure
Directors — James F. Briggs, Oliver B. Green, Alonzo Elliot
Alpheus Gay, J. A. V. Smith, Daniel Connor, John Gillis, Hen
Grazaille, George S. Holmes, John J. Cilley, Henry N. Hal
William N. Johnson, H. B. Bumham, Edward Dorsey.
Investment Committee— James F. Briggs, Alpheus Gay, Oliver 1
Green, Greorge S. Holmes, William N. Johnson.
STATEMENT.
Trust and Banking Departbient.
Liabilities.
Capital stock
SurplQs
Undivided profits
Business deposits
Certificates of deposit
Impairment
$100,000.00
8,079.28
14.00
70,281.07
16,605.88
$188,980.08
4,080.00
$184,900.08
Assets.
Estimated , p--valne
Market Value. I'ar value.
Loans secured by western first
mortfirafires
Loans secured by local mortgagres. .
Loans on personal security (local).. .
Loans on collateral security (local).
Loans on collateral security (west-
em)
Bonds
Stocks
Warrants
Real estate acquired by foreclosure.
Cash on deposit
Cash on hand ■
$15,666.67
600.00
14,174.20
60,968.67
6,769.09
15,450.00
18,600.00
82,644.70
6.288.07
15,709.62
6,119.11
$184,000.08
$16,666.67
600.00
14,174.20
60,968.57
6,769.09
17,000.00
20,000.00
82,644.70
5,288.07
15,709.62
6,119.11
$192,860.08
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276
BANK commissioners' REPORT.
Statement of Deposits and Earnings
(Sinee latt BxaminatianJ
From Oct 17, 1895, to May 23, 1896.
Amount of deposits at date of last examination
Amount of withdrawals by order of the court
Amount of deposits at close of business May
23,1896
$107,207.
$107,207.
4,418.
Gross income
Surplus and interest, last examination
Increase
Surplus and interest, present examination
$102,788.
$14,080.
1,904.
$15,985J
Largest amount loaned to any individual, corporation, or compan
$7,963.45.
Amount of loans secured by mortgage in this state at a rate n
exceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $36,869.11
SOHBDULB OF BONDS AND STOCKS OF THE SAVINGS DEPARTMB)
OP THE BANK OF NEW ENGLAND.
BONDS.
Estimated
Market Valae.
Par Value.
Value o
Books.
OOUHTY.
Wyandotte, Kan., 78. . - - t
$1,000.00
$2,000.00
$2.0M
City.
Dnbnano. Iowa. 8s
$1,000.00
$1,000.00
$1.00(1
MlSCBLLAlTBOUS.
AtlanUo Street Railwav, Ga., 68
Manchester Electric Light Co., (te. . . .
$4,500.00
4,600.00
4',600;00
$6,00C
4.600
STOCKS.
$9,100.00
$9,600.00 I $9,601]
Bank.
Bank of Montesano Wash
$1,500.00
6,000.00
6.ooo!oo
$8,000
6.29Q
Guaranty Savinfirs Bank, Manchester
MI80BLLANBOU8.
$6,600.00
$8,000.00
$9.t6fl
Brie Telephone
$2,160.00
8,000.00
$8,600.00
8.000.00
$1,728
8,000
Citizens' finildlng and Loan Asa'n...
$5,160.00
$6,600.00
$4,728
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L GOMMISSIOKEBS' BEPOBT.
277
\ BANK AND TRUST COMPANY-
BERLIN FALLS.
^,ent. James S. Phipps, Treasurer.
1, Frank L. Wilson, James S. Phipps, Hiram
Greenlaw, R. N. Chamberlin, L. H. Villeux.
M. Stahl, Frank L. Wilson, James S.
owell, John W. Greenlaw.
STATEMENT.
AND Banking Depabtment.
Liabilities.
$25,000.00
9,500.00
2,801.06
4,228.47
87,528.68
$25,000.00
9,500.00
2,801.06
4,228.47
87,528.68
$128,568.16
$128,558.16
Assets,
Estimated
Market Value.
Par Value.
Value on
Books.
r (local)...
i;
$92,808.27
94.81
700.00
$92,808.27
94.81
700.00
29,199.74
6,765.84
$92,808.27
94.81
700 00
29,199.74
5,756.84
29,199.74
6,755.84
$128,658.16
$128,658.16
$128,568.16
1896, by John Hatch and Thomas J. Walker.
000. Date of bond, Feb. 27, 1891.
IX.
)f treasurer, S1,000.
)f clerk, $800.
itors as principal, $11,547.32 ; as surety,
I cash, $25,000.
sk is held by the company as collateral.
(ss of officers and stockholders to the corn-
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278
bakk commissionebs' repobt.
Sayings Depabtment.
Liabilities.
Amount due depositors
Guaranty ftind
Interest
$188350.87
8,500.00
4,121.41
$146,481.28
$188,860.
8i600.
4,121.
$146,481.
Assets.
Estimated
Market Value.
Par Value.
Value on
Books.
Loans secured by local real estate. .
TiOaiiA on nemonal nfM^niitv
$50,045.64
88,777.87
88,266.04
800.00
2.700.00
8,167.46
4,228.47
$50,045.54
88,777.87
88,266.04
800.00
2,700,00
8,167.46
4,228.47
#50,045.
88.777.
88,206.
800
Loans on collateral security
Bank stock (Island Pond National
Vermont) tttt
Miscellaneous stocks (Denver Con-
aolidated Electric Co.^
2,700.
8,167.
4,228.
Real estate by foreclosure , . , . - , r r r - -
Cash on deposit in national banks... .
$146,481.28
$146,481.28
$146,481.
Statement of Deposits and Earnings,
(Since la$t BxaminationJ
From Dec. 4, 1895, to Sept. 23, 1896.
Amount of deposits at date of last ezamiDation $110,779.1
Amount and rate of dividends declared, 4 per cent. 4,187.2
Amount of deposits received 60,458.6
$176,425.0
Amount of withdrawals 36,565.2
Amount of deposits at close of business Sept. 23, 1896 $138,859.8
Gross income $7,031.2
Interest paid out $94.30
Carried to banking department . 484.12
Carried to guaranty fund . . . 500.00
1,078.4
Net earnings $5,952.8:
Dividends January and July, 1896 .... 4,187.2
To surplus $1,765.5
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^MMISSIONKBS' BVPOBT. 279
ixamination . $2,355.88
1,765.53
dsent examination . . $4,121.41
any individual, corporation, or company,
>y mortgage in this state at a rate not ex-
iv annum, nothing.
vested in New Hampshire, $111,779.25.
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280
BANK COMMISSIONERS REPOBT.
LANCASTER TRUST COMPANY.— LANCASTEl
Henby O. Kent, President. Henby P. Kent, Tree
Directors — Henry O. Kent, Edward R. Kent, Ezra M
Erastus V. Cobleigh, Frank Jones, Charles A. Cleveland, 1
H. Danforth, Henry P. Kent.
Investment Committee — Henry O. Kent, Ezra Mitchell, Cha
Cleveland, Henry P. Kent.
STATEMENT.
LicUnlities.
Capital stock
Sarplus
Interest
Baslness deposits
Certificates of deposit,
Treasurer's checks....
Bills payable
Impairment
$100,000.00
4,450.00
1,926.08
40.250.78
6,762.60
1,490.10
76.00
$150,958.65
1,660.00
$158,808.66
Assets.
Loans secured by western first
mortgages
Loans secured by local real estate..
Loans on personal security (local) .
Loans on collateral security (local).
Loans on collateral security (west-
em)
Bonds
Stocks
Cash on deposit
Cash on hand
Estimated
Market Value.
$18,476.00
2,060.00
76,885.89
18,916.76
2.950.00
16,150.00
8,500.00
20,082.15
6,796.86
$168,803.66
Par Value.
$18,476.00
2,050.00
76,885.80
18,916.76
2,950.00
15,000.00
8.500.00
20,082.16
5,795.86
$158,168.66
Va
B
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B8I0KER8' REPORT. 281
Y Alpheus W. Baker and Thomas J.
)ate of bond, July 15, 1891.
rer, $700.
ncipal, nothing ; as surety, $225.
»00,000.
I of the company, $28,000.
d by the company as collateral.
fficers and stockholders to the com-
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282
BANK 00MMI88I0NEB8' REPORT.
LISBON SAVINGS BANK AND TRUST COMPANY.-
LISBON.
Edward Woods, President. Alpheus W. Baker^ Jr., Treasure
Directors — Edward Woods, C. H. Boynton, A. A. WooUon, A. (
Wells, Charles Child, J. E. Richardson, L. C. Payne, H. 1
Moulton, Greorge Brummer, H. C. Libbey, Nathan Whipple.
Investment Committee — Edward Brooks, H. B. Moulton, L. i
Payne, C. H. Boynton, Alpheus W. Baker, Jr.
STATEMENT.
Trust and Banking Department.
Liabilities,
CaplUlBtock $80,000.00
Interest I 7,684.68
Unpaid dividends , 116.00
Business deposits 42,104.28
Premium 60.00
$79,868.86
Assets.
Estimated
Market Valae.
Par Value.
Loans on personal security (local). . .
Loans on personal security (western)
Loans on collateral security (local)..
Stocks
Warrants
Real estate by foreclosure
Real estate purchased: bank build-
ing?
Furniture and fixtures
Cash on deposit
Cash on hand
Due from banks
$88,622018
4,480.28
12,426.28
1,650.00
4,641.16
916.76
6,500.00
1,600.00
6,867.79
4,616.27
826.00
|$79,868.86
$88,622.88
4,480.28
12,426.28
1,500.00
4,641.16
916.76
6,600.00
1,600.00
6,867.79
4.616.27
826.00
$79,808.86
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BSIOMISBS' REPORT. 283
»y Thomas J. Walker.
»ate of bond, April 15, 1896.
rer, S1,000.
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* 284 bank gommi88ionbbs* bbfobt.
Statement of Deposits and Eabnings
CSinee la$t BxaminationJ
From Sept 9, 1896, to Aug, 19, 1896.
Amount of deposits at date of last examination . $168,064.
Amount and rate of diyidends declared, 4 per cent. 6,228.
Amount of deposits received 62,120.
$236,413,
Amount of withdrawals 62,568.
Amount of deposits at close of business Aug. 19,
1896 $183,844,
Gross income $9,185.
Interest paid out $377.85
State tax 1,298.00
1,675.
Net earnings $7,509.
Dividends, January and July, 1896 . . 6,228.
To surplus $1,281.
Surplus and interest, last examination $1,445.
Increase 1,281.
Surplus and interest, present examination $2,727.
Largest amount loaned to any individual, corporation, or compai
$21,070.
Amount of loans secured by mortgage in this state at a rate not i
ceeding five per cent, per annum, nothing.
Total amount loaned or invested in New Hampshire, $88,102.78.
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286
BAlfK COMMISSIONEBS' BEPOBT.
NASHUA TRUST COMPANY.— NASHUA.
George B. French, President. John P. Goqoik, Treasure
Directors — George B. French, Greorge E. Grage, Webster ]
Hussey, John H. Clark, William D. Swart, Ardiar P. Bake
E. F. McQuesten, E. M. Shaw, John A. Fisher, A. W. She
F. K. Priest, William S. Norwell, Moses W. Webber, R. I
Cheney.
Investment Committee — George B. French, George E. Grag
Webster P. Hussey, William D. Swart, John H. Chirk.
STATEMENT.
Trust and Banking Department.
Liahilities.
Capital stock
Interest
Business deposits ....
Oertiflcates of deposit
Other UabiUties
Impairment
$160,000.00
0,190.69
127,606.99
4,288.96
846.16
$291,741.09
10.00
$291,781.09
Assets.
Estimated
Market Value.
Par Value.
Loans secured by western first
mortgages
Loans secured by western second
mortgages
Loans on personal security (local). . .
Loans on personal security (western)
Loans on collateral security (local) .
Loans on collateral security (west-
em)
Loans on chattel mortgages
Bonds
Stocks
Warrants
Due from banks
Foreclosure expenses
Beal estate acquired by foreclosure
Due from western offices
Furniture and fixtures
Gash on deposit in National Banks. .
Gash on hand
Kimball-Ghamp trust
Collection account
Interest advanced
$102,892.19
1,1684M
76,572.88
14,811.16
27,819.06
6,792.91
8,168.64
200.00
100.00
6,748.94
1.646.04
8,900.84
17,382.14
2,606.71
8,183.81
10,496.18
9,687.96
1,677.11
2,106.99
640.76
$291,781.09
$102,892.19
1,1684M
76.672.88
14,811.16
27,819.06
6.792.91
8,168.64
176.00
100.00
6,748.94
1,646.04
8,9Q0>}4
17.882.14
2,606.71
8,183.81
10,496.18
9,687.96
1,677.11
2,108.99
640.76
$291,706.09
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288 bank cohmi88ioneb8' report.
Statement of Deposits and Earnings
(Sinee la$t BxaminationJ
From October 8, 1895^ to September 9, 1896.
Amount of deposits at date of last examination . ^173
Amount and rate of dividends declared, 4 per cent. 5
Amount of deposits received 132
$312
Amount of withdrawab 104
Amount of deposits at close of business, Sept. 9, 1896 $207
Gross income $12
Interest paid out W57.72
Salaries, rents, and incidentals . 3,100.00
Premiums charged off . . . 2,462.50
€
Net earnings $6
Dividend, January, 1896 b
To surplus $1
Surplus and interest, last examination . . $1
Increase 1
Surplus and interest, present examination . $2
Largest amount loaned to any individual, corporation, or co
$28,340.46.
Amount of loans secured by mortgage in this state at a rate
ceeding five per cent, per annum, 914,000.
Total amount loaned or invested in New Hampshire, $337,5
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BANK 00MMIS8I0NBBS REPORT.
289
I AND STOCKS OF THE SAVINGS DEPARTMENT
HE NASHUA TRUST COMPANY.
Estimated
Market Valae.
Par Valne.
Value on
Books.
H.
$7,000.00
9,400.00
$7,000.00
9,400.00
$7,000.00
9,400.00
rg.
$16,400.00
$16,400.00
$16,400.00
$9,000.00
$9,000.00
$9,000.00
Koston
erce, Pierre,
$4,800.00
2,000.00
$4,000.00
2,000.00
$5,000.00
2,000.00
vo.
$6,800.00
$6,000.00
$7,000.00
5o
$5,120.00
9,800.00
6,860.00
1,500.00
$5,000.00
10,000.00
5,000.00
5,000.00
$5,500.00
10,500.00
6,500.00
2,600.00
igCo
K,N.Y
$22,770.00
$25,000.00
$25,000.00
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290 BANK commissioners' REPORT.
NEW HAMPSHIRE TRUST COMPANY.— MANCHEST]
Foster R. Clement, President. L. P. Foster, Treasu
Directors — James F. Briggs, Leonard P. Foster, Charles C. Ha;
John W. Wheeler, Joseph Pinkham, George A. Leighton.
Investment Committee — Board of directors.
STATEMENT.
Trust and Banking Department.
* Liabilities.
Capital stock $500,<N
Due savings department 1,0(
Debentures outstandlnff 8,G09,1(
Debenture interest, Series R. A S »
Business deposits 40,9(
tBlUs payable 107,K
Re-discounts SSJff;
Due western ofDoe 7i
$4,185,64
Assets.
Vail
onBo<
Loans secured by western first mortgages $84,81
Loans secured by local mortgages l(
Loans on personal security (1 cal) 22,63
Loans on personal security (western) 89
Loans on collateral security (western) 1,86
Commission notes 17,7S
Bonds 7.9(
Warrants 22,M
Re-discounts 25,87
Loans in hands of trustees to secure debentures. Series A. A B 10,5'3
Cash in hands of trustees to secure debentures, Series A. A B 4,01
Foreclosure accounts, Series A. A B f
Loans in hands of trustees to secure debentures. Series R 2,041,28
Cash in hands of trustees, Series R 286,09
Real estate account, Series R 474,27
Foreclosure accounts, Series R 114,28
Miscellaneous accounts, Series R 167,1€
Expense accounts, Series R 10,46
Loans in hands of Boston Safe Deposit & Trust Co. to secure deben-
tures. Series C. to Q 10,86
Cash in hands of Boston Safe Deposit A Trust Co. to secure deben-
tures, Series C. to Q 10,80
Cash in hands of trustees. Series S 1,66
Bills receivable (advanced oo coupons) '. 2,40
Real estate account.^ (western) 288,85
Due from western ofllces 82
Kennard building 828,26
Cash and cash items on hand 4,62
Deficit 866,76
$4,185,66
Contingent liability, $879,241.96. Outstanding mortgage loans, guarantee
Includes mortgage on Kennard block, $96,841410.
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aSSIONEBS' BEPOBT. 291
y Alpheus W. Baker and John Hatch.
Date of bonds, various dates.
s^nts of the company :
lis, Minn., $60,000. Dat« of bonds,
, 1896.
h Dakota, $15,000. Date of bonds,
m.
town, South Dakota, $10,000. Date
I, Nebraska, $10,000. Date of bond,
slle Foster.
iurer, $2,500.
:s, $2,050.
Ldent and other officers and agents of
ices, $19,030.
(tment committee, $312.
1500,000.
rs of the company, $67,700.
Ad by the company as collateral.
tckholders to the company, $20,685.89.
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292
BANK COHMISSIOMZBS BXPOBT.
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ill
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S O H |£ -^
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294 BANK GOMMI88IONEB8' REPORT.
Gross income S2,7£
* Expenses, foreclosures, western taxes, etc. $853.25
Losses charged off 4,019.04
4,8^
Deficit $2,11
Deficit, 1895 43,1(
Deficit present examination .... $45,2^
Largest amount loaned to any individual, corporation, or comi
$13,843.83.
Amount of loans secured by mortgage in this state at a rat
exceeding fiye per cent, per annum, none.
Total amount loaned or invested in New Hampshire, $65,666.i
SCHEDULE OP BONDS AND STOCKS OP THE SAVINGS DEPARTB
OP THE NEW HAMPSHIRE TRUST COMPANY.
ParV
BONDS. &nd \
on Be
CiTT AKD TOWW.
Wahpeton, N. Dak.,6i $12
School District.
Huron, S. Dak., Board of Edacation, Ss $10
MI8CKLLANKOU8.
The Electrio Oompanj, Manchester, Ss $S
Central Loan A Land Co., deb., Ss 1
Dakota Investment Co., deb., 6is 6
Dakota Inveatment Co., deb., 7s 1
STOCKS.
Bank.
Plrst National, Hatohlnson, Kan $1
* Chargeable to trust department.
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296
BANK GOMMISSIONBBS' REPORT.
Incorporated 1887.
Examination Oct. 27, 1896, by Alpheas W. Baker and John Hab
Cashier's bond, $50,000. Date of bond, Dec. 22, 1892.
Bonds of other officers and agents of the company : G. W. Watd
CarroU, Iowa, $100,000. Date of bond, March 12, 1890.
Clerks, Charles S. Buck, Eugene L. Hutchins.
Annual compensation of cashier, $1,500.
Annual compensation of clerks, $1,560.
Indebtedness of directors as principal, nothing ; as surety, nothii
Capital stock paid in in cash, $100,000.
Capital stock owned by officers of the company, $66,500.
None of its capital stock is held by the company as collateral.
Amount of indebtedness of officers and stockholders to the co
pany, $28,000.
Rate of dividends to stockholders since last examination, 6 per ce
Loans are made in Carroll and Audubon counties, Iowa ; Pier
Custer, Holt, and Antelope counties, Nebraska.
Total amount loaned to date, $6,140,954.19.
Total amount of loans paid, $4,869,645.58.
Total amount of loans unpaid and outstanding, $1,271,308.61.
Total amount of guaranteed loans outstanding, nothing.
Total amount of real estate held by the company which has be
acquired by foreclosure or otherwise on account of loans mm
$8,848.08.
STATEMENT OP DEBENTURE BONDS CERTIFIED TO BT TRUSTE
s
Rate
per cent.
Secured bv
pledge of
1st mortgage
loans.
AMOOHT OF
1
Dated.
Dae.
Redeemable.
Security.
Debentu]
A
B
6
6
Various.
1888
1800
1898
1900
1898
1895
80 and 90 days.
$89,720.00
109,686.64
$89,720.00
109,686.54
•87,10
111,40
0
$196,50
62,48
$199,406 JM
•280,98
Total amount of debentures certified, $260,986.34.
Less amount on hand and with agents, nothing.
Total liability for debenture bonds as per statement, $260,986.34
Trustees for debentures : Series A, Cocheco National Bank, Doy<
Series B, Rochester Sayings Bank.
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LNK COMMI88IONBB8' REPORT.
297
Sayings DEPARTSfENT.
Liabilities,
i..««.... «..•«.••
$712,079.61
60,000.00
8,181.76
•712,079.61
8|l8i;76
•780,211.86
8,609.00
•778,702J»
•780,211J»
Assets,
Estimated
Market Value.
Par Valae.
Valae on
Books.
»m mortgages
real estate....
irltv (local)...
Bunty (west-
•114,864.64
22.861.00
168.979.79
27,142.18
26,881.20
89.400.00
49,821.00
8,800.00
79,400.00
60,226.00
62,600.00
188,887.70
•114,864.64
22.861.00
168,979.79
27,142.18
26,881.20
89,400.00
47,680.00
10,000.00
81.000.00
68,125.00
62.600.00
188,887.70
•114,854.64
22,861.00
168,979.79
27,142.18
25,881.20
89,400.00
47,680.00
8,600.00
81,000.00
68,125.00
62,600.00
188,887.70
uritv (local)..
BUPlty (west-
and district
Lklng depart-
•776,702.86
$781,711.86
•780,211J»
f Deposits and Earnings since Last
Examination.
n Oct. 8, 1895, to Oct. 27, 1896.
at date of last examination . $650,563.35
dividends declared, 4 per cent. . 24,677.79
received 207,350.87
$882,592.01
vals 170,512.40
at close of business, Oct. 27, 1896 $712,079.61
$47,684.95
$1,905.13
6,079.23
department . . 7,042.92
15,027.28
$32,657.67
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298 BANK GOMMI88IONEB8' REPOBT.
Dividends December, 1895, and June, 1896
To surplus
Surplus and interest, last examination
Increase
Surplus and interest, present examination
$24,677.'3
$7,979i
S161i
7,979i
W,131.7
Largest amount loaned to any individual, corporation, or compan^
$20,500.
Amount of loans secured by mortgage in this state at a rate m
exceeding five per cent per annum, nothing.
Total amount loaned or invested in New Hampshire, $209,986.99.
SCHEDULE OF BONDS AND STOCKS OF THE SAVINGS DEPAETMEV
OF THE ROCHESTEE LOAN AND BANKING COMPANY.
BONDS.
Estimated »._ vitinA
Market Value. ^^^ ^^'*®-
Value oi
Books.
COUKTY,
Garfield. Col.. 78
•10,6004»
8,000.00
8,860.00
1300.00
$10,000.00
8|000.00
8,860.00
1300.00
$10,000
8,000
8360
1.800
Clallam Waiih 6a
Carroll. Iowa. 78
Pocahontas. Iowa. 68
City and Town.
$18,250.00
$17,660.00
$17,660
Moacow, Idaho, 68
$2,080.00
2,040.00
10,600.00
6,260.00
' 1^86.00
4,976.00
8,676.00
$2,000.00
2,000.00
10,000.00
nsooioo
4,975.00
8,600.00
$2,000
2,000
10,000
Sidney, Waah., 68
Milton. Ore.. 7a
Hay Spiinsrs, Neb., 78
Wall Lake. Iowa. 6a
6.000
1,800
4,976,
Gordon, Neb., 78
Coleridire. Neb. 7«
8300
School Dibtbiot.
$80,856.00
$29,276.00
$29,276
Sheridan Co., No. 19, Neb., 78
Sheridan Co.. No. 64. Neb. 7a
$610.00
206.00
$600.00
206.00
$600
906
Railroad.
$716.00
$706.00
$706
Northern Pacific A Land Grant, 68.. ..
Wisconsin Central. 6a
$2,400.00
1.400.00
$6,000.00
6,000.00
$4,000
4300
MiSCKLLANBOUS.
$8,800.00
$10,000.00
$8,600
Snperior Rapid Transit Ry. Co.,
wis.. 6s
$10,000.00
20,000.00
io|ooo!oo
25,000.00
6,000.00
$10,000.00
20,000.00
10,000.00
10,000.00
26,000.00
6,000.00
$10,000
20,000
10,000
10.000
25,000
6,000
West End Street Ry., Rockford, 111.,
6s
Bnrllnsrton Electric Rv., Iowa, 68
Hurley Water Co., Wis., 68
Salt Lake City, R. R. Co., Utah, 68. . . .
Lima Electric Ry. Co., Ohio, 68
$79,400.00
$81,000.00
$81,000
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300 BANK COMMI8SIONBB8' BVPOBT.
E. H. ROLLINS & SONS.— CONCORD.
E. W. Rollins, President. J. S. Pishon, Treasu
Directors— E. W. Rollins, F. W. Rollins, Montgomery Rollins,
H. Dudley, J. S. Pishon, Greorge H. Taylor, George A. Bai
elder, W. H. Seavey, R. B. Young.
STATEMENT.
Capital stock $300,00C
Amount of debentures outstanding .... 93,75C
First mortgage loans and other securities to meet
debentures 100,85C
Trustees for debentures, American Loan & Trust Co., Boston.
Incorporated 1889.
Examination Oct. 31, 1896, by John Hatch and Thomas J. Wall
Clerks, C. E. Carlton, Albert Bollard, C. Bullard, Charles L. .
ling, Philip Young, 6. R. Leavitt, F. S. West, E. L. Johnson
G. Grilley, A. Raymond, E. M. Grardner, O. M. Hopkins.
Indebtedness of directors as principal, nothing ; as surety, nothii
Amount of indebtedness of officers and stockholders to the compi
nothing.
This company, although authorized by its charter to do the h
ness of a banking and trust company, is now engaged solel;
the purchase and sale of municipal bonds and securities of a s:
lar nature. They are no longer engaged in receiving depoi
guaranteeing loans, or conducting the business of a banli
company, and the amount of their debentures outstanding
being reduced as rapidly as possible. The amount of bonds
securities which they may have on hand varies from day to (
according to the business done, as well as the amount of 1
payable and the sums of money on hand awaiting investm
Any published examination, therefore, by the commissioi
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ISSIONSBS' REPORT. 301
»n of the company on the date of the
d be of no value to the public. The
Ld expenses of the company are the
Kskholders, and it is unnecessary to
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302
BANK COMMISSIONERS BEPOBT.
WHITEFIELD BANKING AND TRUST COMPANY
WHITEFIELD.
Frank P. Brown, President,
Fred W. Page, l^easi
Directors — Frank P. Brown, E. M. Bray, B. C. Grarland, Gre
W. Darling, W. H. Bailey, Manasah Perkins, James Colby
A. Harris, Jeremy Dexter.
Investment Committee — Frank P. Brown, B. C. Grarland, E
Bray.
STATEMENT.
Trust and Banking Department.
Liabilities,
Capital stock
Interest
Business deposits
Certificates of deposit
$80,000.00
1,967.80
82,M6.88
2&8.96
$94,492.00
$80.
1.
62^
$M,
Assets.
Estimated
Market Value.
Par Value.
Value
Bool
Loans secured by local first mort-
gSLges
Loans on personal security (local) . .
Loans on collateral security (local) .
Real estate purchase (bank building:)
Cash on deposit
Cash on hand
$9,600.00
88,068.71
10,118.00
5.188.75
24,861.04
6,815.69
$94,492.09
$9,900.00
88.068.7t
10.118.00
5.188.75
24.861.04
6.815.60
$94,402.09
$9.1
88.(
10.
6.
24.1
6.1
$94.^
Incorporated 1891.
Examination Aug. 25, 1896, by Alpheus W. Baker and Thoma
Walker.
Treasorer's bond, $30,000. Date of bond, Aog. 25, 1896.
Annual compensation of treasurer, $900.
Annual compensation of clerk, $300.
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COMMI88ION1EB8' REPORT. 303
0T8 as principal, $7,595.02; as surety,
cash, $30,000.
officers of the company, $10,500.
I is held hy the company as collateral.
LYING6 Department.
Liabilities,
$102,146.80
3,586.23
30.00
$102,146.80
8,586.28
$106,763.06
$106,733.03
Assets.
Estimated
Market Valae.
Par Value.
Value on
Books.
a mort-
estate'!.'
$300.00
24,764.82
56,929.66
7,583.50
360.00
3,000.00
2,400.00
10,485.06
$300.00
24,764.82
56,929.66
7,583.50
360.00
3,000.00
2,400.00
10,486.06
$300.08
24,764.82
56,929.66
7,633.50
350.00
f
r (west-
2.970.00
2,400.00
10,485.06
depart-
$106,763.06
$106,763 03
$106,738.03
OF Deposits and Earnings
Hnce latt Bxamination)
1. 11, 1895, to Aug. 26, 1896.
late of last examination $102,802.31
idends declared, 4 per cent. 3,600.09
9ived .... 62,093.99
$168,496.39
66,349.59
>se of business Aug. 25, 1896 $102,146.80
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304 BANK COMMI88IONEB8' BEPOBT.
Gross income $5,778
Interest paid out $271.52
State tax 723.76
Items charged off, vault account . . 11.20
1,006
Net earnings $4,771
Dividends, December, 1805, and January, 1896 . 3,600
To surplus $1,171
Surplus and interest, last examination . . . $2,414
Increase 1,171
Surplus and interest, present examination . . $3,586
Largest amount loaned to anv individual, corporation, or compa
$13,358.09.
Amount of loans secured by mortgage in this state at a rate i
exceeding five per cent, per annum, $7,000.
Total amount loaned or invested in New Hampshire, $105,083.0
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306
BANK GOMMI88IONEB8 REPORT.
Incorporated 1889.
Examination Sept. 29, 1896, by Alpheus W. Baker.
Treasurer's bond, $20,000. Date of bond, July 1, 1895.
Annual compensation of treasurer, $1,000.
Indebtedness of directors as principal, nothing; as surety, $1
' -253.63.
Capital stock paid in in cash, $50,000.
Capital stock owned by officers of the company, $25,300.
None of its capital stock is held by the company as collateral.
Amount of indebtedness of officers and stockholders to the cc
pany, $150.
Sayikos Departiient.
Liabilities.
Amount due depositors
Interest
Premiam
$206,862.98
1,796.60
1,660.00
$211,718.68
$208,86
1.79
$210,16
Assets.
Estimated
Market Value.
Par Value.
Value c
Books
Loans secured by western mort-
gSLgea
Loans secured by local real estate. . .
Loans on personal security
Loans on collateral security
Loans on collateral security (west-
em)
Countv, city, town, and district
bonds
Railroad bonds
Miscellaneous bonds
Railroad stock
Miscellaneous stocks
Real estate by foreclosure
Cash on deposit in banking depart-
ment
$21,676.00
84,089.00
48,024.48
5,260.00
5.000.00
81,020.00
8,000.00
40,250.00
16,000.00
1,660.00
9,286.60
1,668.66
$211,718.68
$21,676.00
84,088.00
48,024.48
5,260.00
5,000.00
80,000.00
8,000.00
40,000.00
10,000.00
1,500.00
9,286.50
1,668.65
$204,896.58
$21,67
84,08
48,02
6,28
5,00
80,00
8,00
89,76
16,00
1.50
9.28
1.06
$210,16
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308
BANK COMMIS8IONEB8' REPORT.
SCHEDULE OP BONDS AND STOCKS OF THE SAVINGS DEPA1
OF THE WOLFEBOROUOH LOAN A BANKING COMPANY
BONDS.
Estimated
Market Value.
Par Value.
V
]
County.
Kittitasa. Wash.. 6s
8,18o!oo
$8,000.00
8,000 00
HlIlsboroQflrh. 4s
City and Town.
$6,240.00 1 $6,000.00
T)A.vf<in \^afih fts
$4,200.00
2,160.00
5,000.00
10,800.00
$4 000 00
Oflrden Utah fis
2,000.00 1
5,000.00 1
10,000.00
Redland, Cal.,»68
RB.lt Lake Cltv Utah. 5s
School District.
$21,660.00
$21,000.00
Dalath, Minn., Independent, 5s
$8,180.00
$8,000.00
Railroad.
Cincinnati, Newport & Covingrton, 58.
$8,000.00
$8,000.00
MiSCKLLANBOUS.
Front Street Cable Ry. Co., Seattle,
Wash 6s
$6,000.00
5,250.00
5,000.00
5.000.00
5,000.00
8,000 00
5.000 00
8.000 00
2 000.00
2.000.00
$6.000 00
5,000.00
Eastman Freight Car Heater Co.,
I^e 6s
Denver City Cable Ry . Co., 6s
Evan»vllle Street Ry ., Ind., 6s
Towando Water Works, Pa., 5s
Cottage City Water Co., Mass., 5s....
Tiiilntn Tpanafer Rv 6s *
5,000.00
5.000.00
5,000.00
8,000.00
Rnonnn
Winchester Land Associates, 6s
East Hartford Water Co., Conn.. 6s. .
West End Street Ry. Co., Boston, 5s.
^8^
STOCKS.
$40,250.00 1 $40,000.00
Railroad.
nrkiitnn Jtr. Mia.f ne common
$16,000.00
$10,000.00
MiSCBLLANKOCS.
T.A.noAHter Trust Co.
$1,050.00
500.00
$1,000.00
la^aaKnii. Trust Co •
600.00
$1,550.00
$1,600.00
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310 BANK COiafI8SIONEB8' REPORT.
Incorporated 1891.
Examination Augast 5, 1896, by Alpheus W. Baker.
Treasurer's bond, $10,000. Date of bond, March 16, 1896.
Clerk, Mrs. C. C. Dow.
Annual compensation of treasurer, $700.
Annual compensation of clerk, paid by treasurer.
Indebtedness of directors as principal, S250 ; as surety, $3,000.
Capital stock paid in in cash, $30,000.
Capital stock owned by officers of the company, $8,100.
None of its capital stock is held by the company as collateral.
Amount of indebtedness of officers and stockholders to the co
pany, $5,209.60.
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LOAN ASSOCIATIONS.
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312
BANK COMMI8810NKB8' BEPOBT.
BERLIN BUILDING AND LOAN ASSOCIATION.—
BERLIN FALLS.
John GtOebel, President, Ctbus L. Doe, Secretar
James M. Lavin, Treasurer.
Directors — J. A. Letoameau, W. H. Gerrish, 0. F. Cole, J. .
Burbank, J. Howard Wright, A. N. Gilbert, J. B. Noyes, 6.
Bickford, F. D. Bartlett, Thomas McCormick.
ASSETS.
LIABILITIES.
TiOAnn on rf^al Antatf^.T .......
$62,100.00
1,000.00
1,702.48
480.22
812.41
Dues, capital ...
Interest
••s
Loahs on shares
Permanent expense account
Temporary expense acc't.. .
Cash in hand of treasiirer.. .
PpAtnlnmii
Fines
Transfer fees
1
Bank interest
161
Prepaid stock
^•IS
Admission fees-^ t--
$56,505.06
$86^
Receipts and Disbursements since last examination^ October t
1896, to October 31, 1896.
BECEIPTS.
Dues, capital
Interest
Premiums
Fines
Transfer fees
Real estate loans repaid. . . .
Bank interest
Temporary expense repaid
Prepaid stock
Cash on hand last examina-
tion
•0,168.00
2,699.01
844.75
108.08
.80
8,900.00
15.88
67.16
4,000.00
500.20
$21,299.18
DISBURSEMENTS.
... .
$8,10C
m)
10,059
m)
2,01]
47
....
S«
id
....
10
81!
$21,291
Commenced business, September 30, 1890.
Highest premium received for loans sold, $63.50 per share.
Lowest premium received for loans sold, $2.50 per share.
Largest loan to any one member, $2,600.
Bond of secretary, $5,000 ; salary of secretary, $150.
Bond of treasurer, $10,000 ; salary of treasury, S50.
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)MMI8SI0NEB8 REPORT.
313
[G AND LOAN ASSOCIATION.—
CONCORD.
sident. Frank H. Locke, Secretary,
iL E. Martin, Treasurer.
liompson, Frank P. Quimby, Frank H.
[artin, Seth R. Dole, Charles L. Fellows*
irles 6. Blanchard, Joseph H. Jackman*
lilton A. Kendall, William C. Bowser.
71,700.00
10,800.00
46.80
42.87
8,187.82
186,726.90
LIABILITIES.
Dues, capital
Interest
Premiums....
Pines
$280,580.60
68,141.62
61,896.00
96.18
$886,726.90
mts since last examination^ October Sly
, to October 31, 1896.
mber, 1887.
for loans sold, $26.50 per share,
or loans sold, $22.25 per share,
smber, $5,000.
salary of secretary, $900.
; salary of treasurer, $200.
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314
BANK commissioners' REPORT.
DOVER CO-OPERATIVE BANK.— DOVER.
J. Frank Seavsy, President. G. D. Barrett, Secretar
James F. Goodwin, Treasurer,
Directors — H. F. Snow, E. E. Roberts, John H. Brackett, Robe
Hamilton, A. C. Place, E. E. Colbath, James F. Goodwin, J.
Authes, Charles M. Corson, Henry Perry.
assets.
Loans on real estate
Loans on shares
Permanent expense acco'nt
Accounts receivable
Cash In hands of treasurer..
Cash in hands of secretary.
#29,050.00
925.00
120.00
329.70
73.00
.49
$30,498.19
LIABILITIES.
Dues, capital
Profits (all series)..
Interest
Premiums
Fines
Surplus
Withdrawal profits
$26,61fl
2,909
721
8
»
66
$90,498
Receipts and disbursements since last examination, October 6
1895, to October 31, 1896.
receipts.
Dues, capital I $7,951.00
Interest | 1,626.58
Premiums 19.60
Fines I 58.62
Real estate loans repaid — i 500.00
Share loans repaid . . 535.00
Withd rawal profits | 180.50
Forfeiture profits i 80.70
Forfeited shares 672.45
* Accounts receivable | 38.60
Profit and loss .01
Cash on hand last examina-
tion 2,287.14
$13,849.20
DISBURSEMENTS.
Real estate loans
$4,900
676
6,066
807
252
716
Share loans
Dues, capital (withdrawn)
Profits, capital(withdrawn)
Temporary expenses
Forfeited shares
t Accounts receivable
Oash on hand
888
78
$13,848
Commenced business, September, 1890.
Highest premium received for loans sold, 30 cents per month.
Lowest premium received for loans sold, 5 cents per month.
Largest loan to any one member, $3,600.
Bond of secretary, $2,000 ; salary of secretary, $100.
Bond of treasurer, $1,000 ; salary of treasurer, S25.
* Received from former secretary, f Due from former secretary.
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[>MMIS8IONEB8' BBPORT. 315
ERATIVE BANK.— EXETER.
dent. Wm. H. Belknap, Secretary.
. Belknap, Treasurer.
eld, A. S. Wetherell, John E. Young,
i. Perkins, Samuel P. Chase, Charles £.
per, Greorge W. Hilliard, Edwin S. Thyng.
188,877.79
LIABILITIES.
Dues, capital
Interest
Premiams
Fines
Transfer fees
Withdrawal profits
Forfeiture profits . .
$81,887.00
6,803.98
686.65
289.25
4.75
274.22
82.09
$88,877.79
nts since last Examination, October 31
to October 31, 1896.
DISBURSEMENTS.
(10,766.00
1,972.32
201.16
74.04
1.76
1,000.00
1,026.00
161.47
Real estate loans
$8,750.00
700 00
8hRr6 loAns •..••
Dues, capital (withdrawn)
Dues, capital (forfeited) ..
Profits, capital (withdr»wn)
Profits, capital (forfeited).
Permanent expenses
Cash on hand
5,068.00
268.00
606.25
82.65
210.59
882.26
9.01
1,291.89
$16,492.64
$16,492.64
5h, 1892.
for loans sold, $0.25 per month,
for loans sold, $0.05 per month,
ember, $1,600.
isurer, $2,000.
sasurer, $150.
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316
BANK commissioners' REPORT.
FRANKLIN BUILDING AND LOAN ASSOCIATION.-
FRANKLIN.
Edward G. Leach, President. Omar A. Towne, Secretar
RuFUS G. BuRLEiOH, Treasurer.
Directors — ^A. W. Page, A. Messer, E. H. Sturtevant, J. ^
Staples, R. G. Burleigh, F. H. Chapman, O. A. Towne, J
Daffy, S. Marvin.
ASSETS.
Loans on real estate
Loans on shares
Permanent expense account
Unpaid interest
Cash in hand of treasurer . .
Cash in hand of secretary . .
$70,197.88
8.011.77
862.84
887.66
432.88
1,850.76
$76,188.22
LIABILITIES.
Dues, caoital
$68,291
10,868
6.181
242
Interest ....................
PrAmliimft
Fines
Other liabilities
148
$76,188
Receipts and Disbursements since last Examination^ October 3
1895, to October 31, 1896.
RECEIPTS.
Dues, capital
Interest
Premiums
Fines
Membership fees
Real estate loans repaid ....
Share loans repaid
Cash on hand last examina-
tion
$16,184.00
8,784.86
866.61
62.68
19.60
8,827.00
274.00
8,920.04
$27,667.14
DISBURSEMENTS.
Real estate loans
Share loans
Dues, capital (withdrawn)
Dues, capital (retired)
Profits,capital (withdrawn)
Profits, capital (retired). ..
Temporary expenses
Cash on hand
$18,187
100
6,071
8,660
1,896
1,287
8S2
1,788
$27,567
Commenced husiness January, 1888.
Highest premium received for loans sold, $21 per share.
Lowest premium received for loans sold, $9.50 per share.
Largest loan to any one member, $1,232.
Bond of secretary, $6,000 ; salary of secretary, $250.
Bond of treasurer, $10,000 ; salary of treasurer, $50.
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0MMIS8I0NKB8' REPORT.
317
\ AND LOAN ASSOCIATION.—
NASHUA.
B. A. Pease, Secretary.
Johnson, Treasurer.
Burke, B. Allen, F. E. Anderson, J. K.
E. Johnson, A. T. Laton, H. C Phaneaf ,
152,366.00
2,042.09
6.91
728.16
$65,143.16
LIABILITIES.
Dues, capital
Interest
Premiums
Fines
Due borrowers
Interest, bank balance
$48,708.00
8,757.6a
4,878.96
31080
269.62
288.85
$65,148.16
ents since last Examination^ October Sl^
', to October 3U 1896.
DISBUBSEMENTS.
$12,104.00 I
2,676.01
726.75 :
146.43
400.00
60.11 I
2,790.19
$18,802.49
Real estate loans
Daes, capital (withdrawn)
Profits, capital (wlthd'wn)
Permanent expenses
Premiums
Cash on band
$10,606.28
6,569.00
713.48
468.87
726.76
728.16
$18,802.4»
uary, 1892.
d for loans sold, $24 per share.
[ for loans sold, $11 per share.
member, $4,000.
0 ; salary of secretary, $250.
0 ; salary of treasurer, S50.
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318
BANK commissioners' REPORT.
LACONIA BUILDING AND LOAN ASSOCIATION.-
LACONIA.
Edmund Tetley, President. Albert C. Moore, Secreta?
Charles W. Tyler, Treasurer.
Directors — A. S. Grordon, W. S. Baldwin, C. W. Vaaghan, C.
Richards, S. S. Jewett, C. J. Austin, Wm. A. Plummer, F.
Webster, Wm. F. Knight, C. W. Tyler, A. C. Moore.
assets.
Loans on real estate
Loans on shares
Permanent expense account
Temporary expense aoc't.
Real estate by foreclosure
Suspense account
Notes receivable
Real estate sales account.
Cash in hand of treasurer.
$188,200.00
5,100.00
578.70
247.60
5,833.68
168.70
269.55
2,299.60
2,620.73
$149,818.86
LIABILITIES.
Dues, capital
Profits (all series)..
Interest
Premiums
Fines
Transfer fees
Surplus
Withdrawal profits.
Forfeiture profits..
Membership fees...
$118,842
28.67:
2,16C
Hi
bt
23
82^
IOC
4
$149,812
Receipts and Disbursements since last Examination, October I
1895, to October 31, 1896.
RECEIPTS.
Dues, capital
Interest
Premiums
Fines
Real estate loans repaid. . .
Share loans repaid
Withdrawal profits
Forfeiture profits
Membership fees
Rent of real estate
Suspense account
Transfer fees
Real estate sales account. .
Cash on hand last examina
tion
$25,915.00
6,757.84
483.60
179.58
4,020.76
800.00
600.08
124.20
13.60
24.60
281.81
1.20
25.60
14,540.84
$58,167.31
DISBURSEMENTS.
Real estate loans
Share loans
Dues, capital (withdrawn)
Dues, capital (forfeited)...
Dues, capital (retired )
Profits, capital (wlthd'wn)
Profits, capital (forfeited).
Profits, capital (retired).. . .
Temporary expenses
Permanent expenses
Suspense account
Taxes on real estate
Retired shares account. . . .
Cash on hand
$22,65!
2,601
10,86^
483
7,44^
1,991
12(
2,9ff
881
57J
881
SI
41
2.6»
$58,161
Commenced hnsiness January, 1888.
Highest premium received for loans sold, $15 per share.
Lowest premium received for loans sold, SI per share.
Largest loan to any one memher, $5,0()0.
Bond of secretary, $10,000 ; salary of secretary, $500.
Bond of treasurer, $5,000 ; salary of treasurer, $100.
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320
BANK COBffMISSlONEBS' SBPOBT.
MANCHESTER BUILDING AND LOAN ASSOCIATIOIS
MANCHESTER.
F. A. DocKHAM, President. Willk L, Mason, Secrete
Robert J. Peaslee, Treasurtr.
Directors — Perry H. Dow, Willis L. Mason, Robert J. Peaa
Frank A. Lane, Thomas W. Lane, Chas. J. Abbott, Harrison
Lord, John M. Kendall, John W. Mears, Sanborn T. Wortl
Greeley W. Hastings, H. W. AUen.
assets.
LIABILITIES.
Loans on real estate
Loans on shares
Temporary expense acc*t.
Unpaid interest
Unpaid fines
Tax certificate
Cash in hand of treasurer .
$227,750.00 I Dues, capital .
1,800.00 II Interest
Premiams
Fines
Fees
Surplus
7,295.45
4,592.00
188.01
132.78
5,638.99
$247,347.23
$160.8
51.C
27,9
6
4.7
$247,8
Receipts and disbursements since last examination October
1896, to October SI, 1896.
RECEIPTS.
Dues, capital
Interest
Premiums
Fines
Fees
Real estate ioann repaid . . .
Share loans repaid
Cash on hand lastexaminii-
tlon
$50,811.60 I
11,297.00 I
2,921.87
288.57 I
47.60 i
13,450.00 ,
300.00 '
5.607.13
$84,713.57
DISBURSEMENTS.
Real estate loans
Share loans
Dues, capital (withdrawn)
Dues, capital (retired J
Profits, capital (withd'wn,
Profits, capital (retired).. .
Temporary expenses
Taxespaid
Cash on hand
Commenced business Jane, 1887.
Highest premium received for loans sold, $29.25.
Lowest premium received for loans sold, $15.25.
Largest loan to any one member, $3,000.
Bond of secretary, $5,000 ; salary of secretary, $700.
Bond of treasurer, $10,000 ; salary of treasurer, $125.
$26,8
0
14.8
25,5
1,7
8.2
1.1
1
6,«
$84,7
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322
BANK commissioners' REPORT.
MUTUAL BUILDING AND LOAN ASSOCLA.TION.-
LAKEPORT.
Samuel R. Jones, President Leroy M. Gouud, Seere
Edwin D. Ward, Treasurer,
Directars — Samuel R. Jones, Leroy M. Gould, Edwin D. Tl
Libbeus E. Hay ward, Charles L. Pulsif er, John Aldrich, Albe:
Reed, David M. Boynton, Julius E. Wilson, Eklwin L. C
Daniel Elkins, William G. Cram.
assets.
liabilities.
T^AnR nn paaI AHtAtA
$30,800.00
127.00
88.85
2,178.20
Does, caoital
$28
5
Temporary expense acc't...
Snanense account
Profits ^all series)
Interest
PiH^mininM
(^ftfin In hand of traastirer . .
Fines
Surplus
Wltndrawal profits
MAinhkAntliln f aaa . .
$82,941.55
•n
Receipts and Disbursements since last examination October
1895, to October 3U 1896.
receipts.
Dues, capital
Interest
Premiums
Fines
Real estate loans repaid . . . .
Share loans repaid
Withdrawal profits
Membership fees
Cash on hand last examina-
tion
$6,727.00
1,955.76
18.00
128.01
10.000.00
200.00
88.82
2.00
72.98
$18,187.01
DISBURSEMENTS.
Real estate loans
Dues, capital (withdrawn) .
Profits, capital (withd'^ni).
Temporary expenses
Suspense account
Cash on hand
$2.
10,
2,
$18.
Commenced business, June, 1890.
Highest premium received for loans sold, $5 per share.
Largest loan to any one member, $2,700.
Bond of secretary, $2,000 ; salary of secretary, $200.
Bond of treasurer, $5,000 ; salary of treasurer, $25.
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324
BANK COMMISSIONERS BEPOBT.
PEOPLE'S BUILDING AND LOAN ASSOCIATION
BERLIN.
Daniel J. Daley, President. A. H. Eastman, Secrett
A. H. Eastman, Treasurer.
Directors — A. H. Eastman, Daniel J. Daley, H. I. Goss, H
Steinfeld, A. N. GUbert, W. C. Perkins, Cyril Brooks, M
Hodgdon, J. A. Pike, Thomas Giffordj Simeon Stahl, A.
Puller, George E. Clark, A. N. Twitchell, C. L. Hathaway.
assets.
LIABILITIES.
Ijoum on roEl entate. rr-, --■,■,-
$71,700.00
406.00
7436
1,012.06
Dues, oanltal.. ...........*.•
$51,.
TTnnaid iiitoreat
Profits rail series^
Unpftld fines
Cash in hand of treasurer.. .
$78,102.41
$71,
Receipts and Disbursements since last Examination^ Octi
1896, to October SI, 1896.
REOBIPTS.
DISBUBSEMBNT8.
Dues, capital
Interest
Premiums
Fines
Real estate loans repaid..
Temporary expense account
Cash on hand last examina-
tion
$18,840.00
8,048.97
2,012.75
181.96
6,200.00
202.26
578.18
$26,164.11
Real estate loans
Dues, capital f withdrawn).
Profits, capital ( withdrawn)
Temporary expenses.. . .
Permanent expenses.. . .
Premiums
Cash on hand
$15,1
1,1
$26,]
Commenced business, October, 1891.
Highest premium received for loans sold, S69 per share.
Lowest premium received for loans sold, $22.50 per share.
Largest loan to any one member, $5,000.
Bond of secretary and treasurer, 95,000. Salary of secretary
treasurer, $300.
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326
BANK COMMISSIONEBS REPORT.
PORTSMOUTH BUILDING AND LOAN ASSOCIATIO
PORTSMOUTH.
Frank Williams, President. H. S. Brackett, Secre
John Pender, Treasurer,
Directors — M. M. Collis, John Pender, John Griffin, A. B. T
then, John Hallam, John W. Emery, Gastave Peyser, H
Jackson, L. T. Burnham, F. M. Dennett, W. L. Conlon, ]
Brackett.
assets.
Loans on real estate
Loans on shares
Permanent expense account
Temporary expense account
Unpaid interest
$62,100.00
400.00
1,666.85
210.71
100.60
64.60
21.97
1.184.75
89.40
Unoaid Dremiums ...*.
Unpaid nnes
Cash in hand of treasurer . .
Cash In hand of secreUry..
$65,778.68
LIABILITIES.
Dues, capital
Interest
Premiums
Fines
Transfer fees
Forfeited shares aocount
Membership fees
Rent account
$68
9
2
$65
Receipts and Disbursements since last Examination^ October
1895, to October 31, 1896.
RECEIPTS.
Dnes, capital
Interest
Premiums
Fines
Membership fees
Real estate loans repaid. . . .
Rents
Cash on hand last examina-
tion
$15,106.00
8,488.60
191.26
86.80
18.00
1,000.00
76.00
170.82
$20,082.87
DISBURSEMENTS.
Real estate loans
Share loans <.
Dues, capital (withdrawn).
Dues, capital (forfeited) . .
Permanent expenses
Cash on hand
$9
7
$20
Commenced husiness June, 1890.
Highest premium received for loans sold, $12.50 per share.
Lowest premium received for loans sold, $0.50 per share.
Largest loan to any one member, $2,000.
Bond of secretary, $2,000 ; salary of secretary, $250.
Bond of treasurer, $3,000 ; salary of treasurer, $50.
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327
SOCIATION.—
aLEY, Secretary,
^arshley, Elmer J.
erett M. Sinclair,
Wallace, Leslie P.
LITIES.
$119,080.00
21,887.45
2,897.55
811.90
82.38
1.26
64.90
6.90
85.14
11.60
$143,928.92
tion^ October 31 ^
3EMENTS.
Ldrawn). .
red)
Ithdr'wn)
jtired)...
1868
$85,000.00
5,181.00
9,619.00
6,901.00
1,589.25
1,681.89
812.97
8,288.40
$64,018.10
iT share,
lare.
500.
>0.
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328
BANK commissioners' REPORT.
RUMFORD BUILDING AND LOAN ASSOCIATK
CONCORD.
JosiAH E. DwiOHT, President Harry R. Hood, Sei
Isaac M. Savage, Treasurer.
Directors — ^Albert 6. Smith, John E. Rollins, C. E. Cliffon
Hamilton, William E. Hood, Josiah E. Dwight, J. E. Re
Harry G. Sargent, John Brooks, Harry R. Hood, Is
Savage, L. C Merrill, George Groodhue, W. A. Capen, ^
W. Allen, Leverett N. Freeman, Harry B. Hall, Fr
Sanders.
STATEMENT.
assets.
Loans on real estate
Loans on shares
Cash In hands of treasurer.
$26,400.00
2,000.00
2,292.76
$80,692.75
LIABILITIES.
Dues, capital....
Interest
Premiums
Pines
Membership fees
Receipts and Disbursements since last examination , Octo
1895, to October 31, 1896.
RECEIPTS.
Dues, capital
Interest
Premiums
Pines
Real estate loans repaid...
Membership fees
Miscellaneous
Cash on hand last examina-
tion
i
$6,256.00
1,486.00
667.87
66.88
2,600.00
9.00
87.00
1,829.88
$12,941.58
DISBURSEMENTS.
Real estate loans
Share loans
Dues, capital (withdrawn).
Proflts,capital (withdrawn)
Temporary expenses
Cash on hand
Commenced business October, 1890.
Highest premium received for loans sold, $25 per share.
Lowest premium received for loans sold, $12.50 per share.
Largest loan to any one member, $2,000.
Bond of secretary, $1,000 ; salary of secretary, $300.
Bond of treasurer, $1,000 ; salary of treasurer, not fixed.
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INDEX.
INDEX TO BANKS AND TRUST COMPAl
Salmon Falls (state)
Alton
Amoskeag
Ashland
Bank of New England
Belknap
Berlin Savings Bank and Trust Company
Bristol
Cheshire Provident
City Guaranty
Cochecho
Colebrook
Connecticut River
Contoocook Valley
Conway
Dartmouth
Derryfield Savings Bank and Trust Company
Dover Five Cents
Epping
Exeter Banking Company ....
Farmers*
Farmington
Fitzwilliam
Francestown
Franklin
Gorham Five-Cents
Guaranty
Hillsborough Bridge Guaranty
Hinsdale
lona
Keene Five-Cents
Keene Guaranty
Laconia
Lake Village
Lancaster
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Dn>Bx. 331
uiy 280
102
nd Trust Company 282
106
110
116
120
)T 124
267
127
130
- . 134
138
142
146
286
Company 152
157
Company 290
163
268
165
169
nte 173
176
179
184
187
190
193
Guarantee 198
202
205
mking Company 295
303
208
269
212
ly 271
^ 215
2ia
222
224
228
270
230
234
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332 INDEX.
Walpole
Whitefield Bank and Trust Company .
Wilton
Wolfeboroogh
Wolfeborough Loan and Banking Company
Woodsville Guaranty . . . . ,
Woodsville Loan and Bankinfi^ Company
INDEX TO TABLES.
Table No. 1. — Showing the number, condition, and progress
of savings banks in New Hampshire in each year from 1850
to 1896, inclusive
Table No. 2. — Alphabetical list of savings banks, with state-
ment of their liabilities and assets at the close of business,
June 30, 1896, number of depositors of each ....
Savings banks in charge of assignees
■Savings banks doing business in same office with national or
state banks
BUILDING AND LOAN ASSOCIATIONS.
Berlin, Berlin Falls
Citizens', Manchester
Coocord
Dover
Exeter
Franklin
Home, Nashua
Laconia
Lancaster
Manchester
Milford
Mutual, Lakeport
Nashua
People's, Berlin Falls
People's, Nashua
Portsmouth
Rochester
Rumford, Concord
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Dn>BX.
333
VINGS BANKS AND TRUST
3MPANIES.
infirg Bank 260
)ank 12
: and Trust Company 277
k 19
er Savings Bank .... 261
iank 270
by Savings Bank .... 34
I 803
ings Bank 110
Savings Bank 180
rings Bank 157
ings Bank 284
ik 87
ik 80
vings Bank 266
nk 224
Dk 44
npany 4
Bank 222
ftvings Bank 230
kvings Bank ..... 50
vings Bank 54
Savings Bank 57
Bank 60
kvingsBank 173
8 Savings Bank 64
Savings Bank 218
avings Bank 120
^sBank 40
Bridge Guaranty Savings Bank 71
Bank 74
I^Bank 142
Institutiou ..... 23
ivings Bank 81
vings Bank 86
Bank 15
(ank 80
ngs Bank 05
gsBank 98
Company 280
aaranty Savings Bank 215
Bank 102
ik and Trust Company . 282
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334 INDEX.
Littleton— Littleton Savings Bank
JfancAeater— Amoskeag Savings Bank
** Bank of New England . ...
** Guaranty Savings Bank
'* Manchester Savings Bank
** Mechanics^ Savings Bank
** Merrimack River Savings Bank
** New Hampshire Trust Company
** People* s Savings Bank
Meredith FiUoflre— Meredith Village Savings Bank
IfiZ/brd—Milford Savings Bank
^aaAua— City Guaranty Savings Bank
** Nashua Savings Bank
" Nashua Trust Company
** New Hampshire Banking Company
** Security Trust Company
New Ipswich — New Ipswich Savings Bank ....
Newport — Newport Savings Bank
** Public Guaranty Savings Bank ....
*' Sugar River Savings Bank
Peter6orouflrft— Contoocook Valley Savings Bank .
*• Peterborough Savings Bank ....
Pitt^etd— Farmers' Savings Bank
'' Pittsfield Savings Bank
Ptymoutft— Plymouth Guaranty Savings Bank
Porttmouth — Piscataqua Savings Bank
** Portsmouth Savings Bank ....
'* Portsmouth Trust and Guarantee Company .
Rochester — Norway Plains Savings Bank ....
** Rochester Savings Bank
** Rochester Loan and Banking Company
Salmon FalU — Rollinsford Savings Bank ....
** Salmon Falls State Bank . . . .
Tilton — lona Savings Bank
Walpole — Walpole Savings Bank
Tl^it<i/lcW— Whitefleld Bank and Trust Company
ITtWon— Wilton Savings Bank
Winchester — Security Savings Bank
Wo{feborough — Wolfeborough Loan and Banking Company
** Wolfeborough Savings Bank
IToodwiMc— Woodsville Guaranty Savings Bank .
** Woodsville Loan and Banking Company
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REPORT
: TREASURER
OF NEW HAMPSHIRE
FOB THE YEAR ENDING
MAY 31, 1896.
-UME II. . . . PART II.
CONCORD, N. H.:
LD N. PEARSON, PUBLIC PRINTER.
1896.
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PKINTBD BT
RBPUBLICAN PRK88 ASSOCIATION,
CONCORD, N. H.
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REPORT.
Office of State Treasurer,
Concord, June i, 1896.
fe Senate and House of Representatives :
—I have the honor to submit the follow-
dting the transactions of this department
r ending May 31, 1896 :
)F RECEIPTS AND DISBURSE-
MENTS.
receipts.
ems on hand
. $143,192.81
during the
. 1,528,863.36
$1,672,056.17
DISBURSEMENTS.
lents during
$1,460,547.30
tems on hand
2x1,508.87
$1,672,056.17
DEBT.
[, 1895 $2,526,492.14
J95 . . 500,191.49
iness June i, 1895 . . $2,026,300.65
'ried forward . . 2,026,300.65
* See remarks, pages 181 to 186.
3
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96
STATE treasurer's REPORT.
Amount brought forward . . .$2,026,
Liabilities June i, 1896 $2,394,318.06
Assets June i, 1896 . . 566,576.69
Net indebtedness June i, 1896
Reduction of debt during the year
1,827,
$198*
REVENUE AND EXPENSES.
The following statement exhibits the sources
revenue and the nature of the expenses for th<
1895-96:
REVENUE.
State tax
. $500,000.00
Railroad tax
127,822.12
Insurance tax
22,526.36
Interest on deposits
1,978.30
License fees (peddlers)
900.00
License fees (fertilizers)
1,150.00
License fees (foreign build-
ing and loan associations)
25.00
Telegraph tax . . . .
3,000.48
Telephone tax
2,699.52
Charter fees
295.00
Fees (insurance department)
8,127.40
Escheated estates
58.41
Board of registration dentis-
try (fees)
78.00
Benjamin Thompson estate.
income for year ending
January 30, 1896
13,694.22
Sales public property (jani-
tor) . . . .
30.50
Total revenue
$682,1
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TREASURER S REPORT.
/ forward
EXPENSES.
97
$682,385.31
5es
$274,051.60
76,136.92
133^637.51
er expenses*
483,826.03
$198,559-28
expenses are divided into two
extraordinary. Ordinary expenses
expenses whose payment is author-
and which are of annual or bien-
ring the past year they have been
INARY EXPENSES.
ounts
bool (expenses)
irt .
sane .
ane .
icy .
I
Is, etc.
$67*341-77
2,515.00
42,270.81
322.00
10,651.32
89.38
809.50
6,000.00
4»9oS-99
16,688.16
29,998.27
2,030.7s
6,442.11
forward . . . $190,065.06
\ with reduction of debt, paere 96.
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98 STATE treasurer's REPORT
Amount brought forward
State house
Clerical expenses, treasury
Industrial school
Board of agriculture .
Board of equalization
Independent militia •
Auditing treasurer's accounts
Board of health .
Bank commissioners .
Clerk, adjutant-general's 'department
Clerk, superintendent public instruction
Clerk, insurance department
Clerk, bank commissioners
Deaf and dumb (education of) .
Blind (education of) .
Idiotic and feeble-minded youth
Normal school ....
Agricultural college .
Compiling financial statistics
N. H. Historical Society .
N. H. Horticultural Society
Contagious diseases (cattle)
Asylum library ....
Governor's contingent fund
Publishing laws
Commissioner of immigration
Insurance commissioner's office^ .
Commissioners of pharmacy
Granite State Dairymen's association
Free public libraries .
Library commissioners
Afnount carried /orward
6
$1901
3i
I,
6,
2.
4-
8.
I,
I
4
3
10
3
$261
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RBASURER S RE]
PORT. 99
forward .
. $261,988.07
(expenses)
29.25
ientistry .
76.50
trust fund*
3,000.00
.
806.25
.
247.89
.
2,014,81
.
70.00
.
112.82
*
17.00
.
1,225.00
1 corrections
57.62
.
4406.39
:penses
. $274,051.60
ises are those which are authorized
e legislature. For the past year
ows, viz. :
►RDINARY EXPENSES.
^,1895
$101.20
ition
27-45
5
7*305.93
•epairs)
546.67
.
6,215.51
•
2,734-98
retary)
1,200.00
. .
197.S6
.
2,864.08
and buoys)
239.76
forward .
$21,433.44
'Credited to fc
nd. «
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lOO
STATE TREASURER S REPORT
Amount brought forward .
Squam lake (lights and buoys) .
Boundary survey (Mass.) .
Plymouth hatching-house .
Colebrook hatching-house .
Bristol hatching-house
Soldiers' Home (net expenses) .
Soldiers' Home (hospital) .
Lighting Weirs channel
Regimental histories .
State library building
State library building (dedication)
Hannah Dustin monument
Agricultural college .
N. H. Veterans' Association
Profit and loss Benj. Thompson estate
Total extraordinary expenses
INTEREST.
$21,433
177
4,207
800
Soc
IOC
8,509
IO,O0C
257
1,71c
23*952
748
4c
2,50c
1, 00c
20c
$76,136
There have been paid on account of interest the \
year, or credited to the several trust funds, the follow
amounts, viz. :
Fisk legacy ....
$1,055.14
Kimball legacy
270.14
Agricultural college fund
4,800.00
Teachers' Institute fund
2,308.88
Coupons on bonds and inter-
est on registered bonds
105,700.00
Interest on state notes .
1,001.52
Benj. Thompson trust fund .
17,705.87
Benj. Thompson state trust fund
795-96
Total interest charges
.
$133,635
Amount carried forward
.
133.635
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TREASURER S REPORT. lOI
t forward . . $i33»637.5i
^e been received, viz. :
. $1,978.30
)son estate
o, 1896 . 13,694.22
jceipts
15,672.52
. $117,964.99
I PAL OF STATE DEBT.
id during the year state
to . . .
iry loan)
. $153,900.00
150,000.00
$303,900.00
TRUST FUNDS.
Dw as follows, viz. :
ind
fund .
. $26,378.43
6,753.49
• S7.722.7S
80,000.00
bank deposits
St fund
te trust fund
1,915.94
. 460,352.56
20,694.89
Is . . .
. $653,818.06
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102 STATE TREASURERS REPORT.
LITERARY FUND.
Receipts.
Balance June i, 1895 . . $234.16
Non-resident savings-bank tax . 53,619.13
Disbursements.
Dividend to towns, eighty-four
cents per scholar, as per table
in appendix (pages 152-159) $S3»34S-88
Balance to credit of the fund . 507.41
$53353
$53^853
TEACHERS INSTITUTE FUND.
Balance June i, 1895 . $57,721.92
One year's interest at 4 per cent. 2,308.88
$60,030
Expenses of institutes, i895-'96 . . 2,308
Balance June i, 1896 . . $S7>722
UNCLAIMED SAVINGS-BANK DEPOSITS.
Balance in treasury June i, 1895 $1,692.68
J. C. Campbell, assignee, acc't
Francestown savings bank . 223.38
$1,916
Paid during the year ....
Balance in treasury June i, 1896 . $19915
This amount is subject to the demand of the deposit
in accordance with the provisions of section 22, cha[
162 of the Public Statutes, and is reported in Ti
Funds (page lor).
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jasurkr's report.
THOMPSON TRUST FUND.
103
June I, 1895, the
dition of the fund
s . . . . $442,646.69
^ per cent, to Jan-
17,705.87
30, 1896, reported
01) . . . $460,352.56
>MPSON STATE TRUST FUND.
June I, 1895, the
dition of the fund
ary 30, 1896 .
4 per cent, to Jan-
$16,898.93
3,000.00
$19,898.93
795-96
30, 1896, reported
[Oi) . . . $20,694.89
►enjamin Thompson fund for the
, 1896, was as follows :
OME ON BONDS.
r. & Qui.
7 % .
$1,330.00
'
4 % .
320.00
,&St.P.
6 % .
300.00
5^0 '
300.00
ey
7 % .
315.00
. R.. Vt
.5 %
75.00
icific*
6%
60.00
avig'n
6 %
60.00
Cham-n
6 %
1 paid Jul
30.00
itured anc
y 1, 1895.
II
$2,790.00
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I04
STATE TREASURER .S REPORT.
INCOME ON RAILROAD STOCK..
Dividends on loo shares Port'd & Og'burg
106
66
81
42
214
87
66
310
900
Fitchburg
Boston & Lowell
Michigan Central
Vermont & Mass.
Boston & Maine
Boston & Albany
Illinois Central
N. Y. Cen. & H.
Chi., Bur. & Qui.
R.
Total income on railroad stocks
$200.00
424.00
462.00
324.00
252.00
1,605.00
696.00
330.00
1,240.00
3,600.00
INCOME ON MANUFACTURING STOCKS.
Dividends on 10 shares Boston Belting Co.
43 »* Great Falls MTg Co.
Total income on manufacturing stocks
$80.00
387.00
INCOME ON BANK STOCKS.
Dividends on 78 shares Strafford National
22 '
* Suffolk
13 »
* North
40 *
' Tremont
*« 21 »
* No. America
♦* 10 ♦
City
50 *
Merchants
9 *
Commerce
12 *
* Adas
10 *
» Globe
Total income on bank stocks
$780.00
88.00
52.00
160 00
84.00
40.00
300.00
36.00
60.00
40.00
MISCELLANEOUS INCOME.
Interest on deposits
$164.22
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treasurer's report.
105
RrsK^Ari 1 V X^A 1 IKJS^i .
$2,790.00
9» 1 33.00
stocks ....
467.00
1,640.00
164.22
ending January 30, 1896
$14,194.22
J governor and council I have paid
the Benjamin Thompson estate an
liars ($10.00) per share on the fifty
ison, Topeka & Santa Fe Railroad
r the will of said Thompson, enti-
(5) shares of the preferred stock of
d the preferred stock in the assets,
e the depreciation on the original
idjustment shall be made.
for the year as shown above $14,194.22
on, Topeka & Santa Fe stock 500.00
is, matured July 1, 1895
ry January 30, 1896
$13,694.22
2,000.00
$15,694.22
of June I, 1895, I reported the
amin Thompson estate at the origi-
1^349,585-76
g the year ending January 30, 1896,
13
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Io6 STATE treasurer's REPORT.
Central Pacific R. R. bonds appraised at $2,200.00 ma-
tured and paid at par
Balance of estate January 30, 1896, reported in assets
page 130 1
SUMMARY.
The income of the estate from January 30, 1890, to Janu-
ary 30, 1892, two years, was ....
The gain on farming utensils, appraised at $132.25, sold
for $142.06
The gain on real estate, appraised at $1,200, sold for
$2,082.46 net
Income for year ending January 30, 1893
Income for year ending January 30, 1894
Income for year ending January 30, 1895
Net income for year ending January 30, 1896 .
The state was chargeable with interest on the fund for six
years to January 30, 1896 ......
Loss on $2,000.00 Chicago water loan 7 % bonds appraised
at $2,160.00, matured and paid at par
Loss on $2,000.00 Central Pacific 6 % bonds appraised
at $2,200.00, matured and paid at pat
Total interest charges and profit and loss
Excess of income and profit and loss over interest charges
for the first six years of the twenty-year term of the
trust
'4
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leasurer's report. 107
.diers' home.
5 have been received from the
mt of allowance for the support of
w Hampshire Home for disabled
30, 189s, $1,625.00
s, and $170.66 defi-
. . . $1,323.84
30, 1895, $1,675.00
IS . . . . 1,430.00
31 » 189s » $2,025.00
IS . . . . 1,735-50
31, 1896, $2,225.00
IS . . . . 1,962.25
$6,451-59
$15,132.14
6,622.25
$8,509.89
on account of Sol-
ear ending May 31,
ed States during the
. $6,451.59
5 . . 170.66
e for year ending
\ND ASSESSMENTS.
f the state tax for 1895 has been
jption of $75.00 due from Kilken-
has been issued.
)on the railroad, telegraph, and
savings banks and trust compa-
lign insurance companies have all
:es, apportioned to the cities and
atute.
»5
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DETAILED STATEMENT OF RECEIPT
DISBURSEMENTS.
RECEIPTS.
Cash and cash items in treasury June i,
189s $14
STATE TAX OF 1 895.
As per table in appendix (pages 152-159) $49;
INSURANCE TAX, 1895.
Foreign Life Insurance Companies.
^tna
• $414-31
Connecticut General
125.77
Connecticut Mutual
293.21
Equitable Life
391-30
Germania
1. 13
Manhattan .
25-94
Massachusetts Mutual
1*095.47
Metropolitan .
i»393-i9
Mutual . . . .
2,773.06
Mutual Benefit
163.98
National
1,160.72
New England Mutual
35-76
New York
505-92
Northwestern Mutual
531-67
Amounts carried forwa
rd
16
$8,911.43 $64
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PE treasurer's report.
109
'ht forward
$8,911.43 $643,117.81
•
587-34
329-45
8
88.81
203.90
58-39
358-50
22.68
30.66
$10,591.16
% Fire Insure
mce Companies.
Co.
• $551-36
.
25-97
:on, Mass.
45-07
ance Co. 0
f
•
47-36
[nsurance Co
.
24.11
Assurance Co
38.26
.
160.63
ance Co.
124.87
)n .
133-77
•
82.42
a •
27.19
)fPhiladelphis
i 205.71
.
62.23
1 .
331-81
. .
28.55
mrance Co.
177.80
•
251.04
iiirance Co.
139-47
Ji Americ!
a 687.09
.
84.10
a and Glol
)e 218.40
'orwc
ird
. $3,447.21 $653,708.97
17
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no
STATE TREASURERS REPORT.
Amounts brought /orward . $3,447.21
London Assurance Corporation 18.24
London & Lancashire . . 144-65
Mutual (N. Y.) . . . 32.12
Manchester (Eng.) . . . 119.08
Merchants and Farmers' Mutual 95 .47
Mercantile Fire and Marine . 82.18
Merchants .... 101.66
National Fire Insurance Co. . I74-S2
Niagara 1 17.61
North British and Mercantile . 126.97
Northern Assurance Co. . . 87.24
Norwich Union Fire Insurance
Society .... 48.88
Orient Insurance Co. . . 161.08
Palatine 7i«92
Phenix Insurance Co. , New York 204.58
Phenix Insurance Co., Hartford 208.17
Phenix Assurance Co. . . 67.95
Pennsylvania Fire Insurance Co. 203.27
Providence Washington . . 108.44
Providence Mutual . . . 5i«S7
Qiieen Insurance Co. . . 118.05
Royal Insurance Co. . . 265.87
Scottish Union and National . 108.67
Springfield Fire and Marine . 283.52
Sun 64.46
Traders and Mechanics' Mutual ^97 •97
United States .... 29.94
Western Assurance . . . 68.48
Williamsburgh City . . 30.91
Amount carried /orward
18
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TREASURERS REPORT. Ill
rward . . . $660,549.65
^oreign Insurance Companies.
.t.) . .
$28.85
.
51-36
sit & Surety
1570
.
77-83
r ,
105.03
•
5.80
A. .
1.78
& Indemnity
31-50
T
97-30
.
21.78
nd Accident
25.06
ccident
76.80
Dept.) .
227-SS
Surety
6.94
nd Trust .
•45
ty .
4-47
$778.20
Life Insurance Companies.
inuity .
$36.43
t
361.74
i
41.36
Hartford)
20.50
nt Asso'n
11.20
icAid
33-03
•
11.81
rward
$516.07
$661,843.92
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112 STATE treasurer's REPORT.
Amount brought forward . . . $6(
Home Stock Insurance Companies.
Capital ....
$2,000.00
Fire Underwriters' Association
100.00
Granite State .
. 2,000.00
New Hampshire
8,000.00
Portsmouth Fire Association
500.00
State Dwelling House
150.00
SAVINGS-BANK TAX OF 1 895.
As per table in appendix (pages 148-150) $46
RAILROAD TAX OF 1895.
As per table in appendix (page 146) $3]
TAX ON TELEGRAPH COMPANIES FOR l8(
As per table in appendix (page 147) . j
TAX ON TELEPHONE COMPANIES FOR l8(
As per table in appendix (page 147) . $
INTEREST.
Interest on deposits . . $1 5978.30
Income, Benjamin Thompson
estate, one year to January 30,
1896 13,694.22 $1
FEES, INSURANCE DEPARTMENT.
John C. Linehan, commissioner . . $
Amount carried forward . . $1,50
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BASURERS REPORT. II3
vard . . $1, 503*431 -37
AILROAD COMMISSIONERS.
of equalization on
s for expenses of
394, to June I, 1895,
dix (page 146) . $7,412.92
S FEES, PEDLERS.
las issued eighteen
Dm June i, 1895, to
:cordance with the
65, Pamphlet Laws
licensees have paid
rs ($50.00) each . $900.00
FEES, FERTILIZERS.
, license
.
$50.00
losphate
Dct. 20,
.
50.00
license
.
50.00
• Co., li-
189s .
50.00
, license
.
50.00
;e dated
.
50.00
license
.
50.00
, license
•
50.00
vard $400.00 $1,511,744.29
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114 STATE treasurer's REPORT.
Amounts brought forward .
$400.00 $1,
.S"»7-
E. Frank Coe, license dated
Feb. 4, 1896
50.00
D. H. Foster, license dated Jan.
9, 1896, ....
50.00
Great Eastern Fertilizer Co.,
license dated Jan. i, 1896, .
50.00
Lister's Agricultural & Chemi-
cal Works, license dated
Dec. 30, 1894
50.00
Lister's Agricultural & Chemi-
cal Works, license dated
Jan. I, 1896,
50.00
Bowker Fertilizer Co., license
dated March 9, 1896 .
50.00
Crocker Fertilizer and Chemi-
cal Co., license dated May 3,
1896
50.00
Manchester Slaughtering and
Rendering Co., license dated
May I, 1896
50.00
Walker, Stratman & Co., license
dated April 9, 1896
50.00
D. C. Hawes, license dated May
I, 1896 ....
50.00
Packers Union Fertilizer Co.,
license dated Jan. 29, 1896 .
50.00
American Fertilizer Co., license
dated Feb. 10, 1896
50.00
Lowell Fertilizer Co., license
dated March 19, 1896 .
50.00
Amounts carried forward $1,050.00 $1,511,7
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PE treasurer's report. 115
'ht forward $1,050.00 $1,511,744.29
Isey Fertilizer
ted March 31,
Isey Fertilizer
50.00
50.00
$1,150.00
state notes.
. .
.
$150,000.00
soldiers'
HOME.
s (support of
home)*
$6,451-59
escheated estates.
r, estate of Mary Blais-
h
$58.41
2ES : voluntary corporations.
3. .
. $25.00
hool Book Co
50.00
25.00
Leal Estate Co
25.00
ress Brick Co
50.00
:o.
10.00
son Shoe Co
100.00
orist Co.
10.00
$295.00
i forward .
. . $
1,669,699.29
.66 still due ; see r
emarks page 107.
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Il6 STATE treasurer's REPORT.
Amount brouf^ht forward . $1,669,69
BOARD OF REGISTRATION (dENTISTRY).
Edward B. Davis (fees) .... $5
LICENSE FEES, FOREIGN BUILDING AND LOAN ASS(
TIONS.
United States Savings & Loan Co. . . $:
UNCLAIMED SAVINGS-BANK DEPOSITS.
J. C. Campbell, Assignee, Francestown
Savings-Barik (old account) . . $2:
BENJAMIN THOMPSON ESTATE.
Central Pacific bonds, matured . . $2,0(
MISCELLANEOUS.
Sales of public property by janitor . . $,
Total receipts $1,672,0
24
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treasurbr's report.
117
[SBURSEMENTS.
CUTIVE DEPARTMENT.
)roclama-
$2,000.00.
2,515.00
341-59
500.78
404.64
etary's department.
• .
$800.00
icretary .
1,200.00
ipecial ap-
.
1,200.00
:.
714-79
blanks
1,074.15
.
96.32
•
1,190.01
CASURY DEPARTMENT.
,
$1,800.00
iasurer
1,200.00
.
1,000.00
.
413-56
.
308.38
J accounts
200.00
.
282.85
1 statistics
200.00
forward
$5,762.01
$6,275.27
$5,404.79
$17,442.07
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Il8 STATE treasurer's REPORT
Amount brought /orward . . . $:
adjutant-general's department.
Salary of adjutant-general . $1,500.00
Printing blanks . . 904.58
Clerk 500.00
Incidentals .... 220.^3
department of public instruct
Salary of superintendent
$2,500.00
Clerk ....
1,012.94
Printing blanks, etc.
1,133.64
Incidentals .
394-50
INSURANCE
DEPARTMENT.
Salary of commissioner
$2,000.00
Printing report
1,482.06
Printing blanks
754.82
Incidentals .
276.63
Office expenses
582.16
Clerk ....
1,000.00
SUPREME COURT.
Salary of justices .
. $22,973.83
Salary of attorney-general
2,500.00
Salary of state reporter
1,000.00
Amounts carried forward $26,473.83 $3
* For expenses teachers* institutes, see Miscellaneons Items, ]
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PE TREASURER S REPORT.
119
^hi forward
$26,473.83
$31,703-93
reports
$1,225.00
e court
809.50
.
586.74
rter) .
85.00
aey general) 21.00
$29,201.07
PROBATE
COURT.
J
$6,887.78
ers
7,725.00
$14,612.78
STATE LIBRARY.
n
$1,550.00
.
1,580.16
ch. 8, P. S
2,999.97
24, P. L.
1,946.52
498.25
.
302.34
5
29.25
.
830.00
luilding
4,874.83
$14,611.32
STATE
HOUSE.
$650.00
, /
1,300.00
367-94
250.00
806.38
•
1,736.38
349-34
431-32
appro'n)
6,215.51
$12,106.87
'dforz.
vard
•
$102,235.97
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I20 STATE treasurer's REPORT.
Amount brought forward . . . $102,23
NEW HAMPSHIRE ASYLUM FOR THE INSANE.
Support of indigent insane . $6,000.00
Support of convict insane . 4,905.99
Library 100.00
$11,00
EDUCATION OF DEAF AND DUMB.
American Asylum, Hartford . $2,223.84
Clark Institution, Northampton 2,380.00
Granite State Deaf Mute Mis-
sion 150.00
EDUCATION OF THE BLIND.
Perkins Institution, Boston . $3,125.00
Nazareth Institution, Montreal 150.00
INDUSTRIAL SCHOOL.
Current expenses ....
STATE
PRISON.
Salary of warden
. $2,000.00
Salary of chaplain .
800.00
Prisoners' Aid Association
27.45
Printing blanks
75.86
Repairs (special appropriation) 546.67
Prison library .
197.86
Amount carried forward
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TE TREASURERS REPORT. 121
ht forward . . . $130,918.64
COLLEGE OF AGRICULTURE AND THE
MECHANIC ARTS.
nnual) • . $3,000.00
pecial) . . 2,500.00
1,024.66
706.69
$7*231.35
NORMAL SCHOOL.
ition
$10,000.00
tees
89.38
.
399.24
FISH COMMISSIONERS.
missioners
$6,442.11
.
332.20
ng-house (spe-
ion)
800.00
•house (special
.
100.00
ng-house (spe-
ion)
500.00
.
70.00
rds
112.82
$10,488.62
$8,357.15
VILROAD COMMISSIONERS.
jnses of board* $7,436.40
448.91
{2 years) . 2,153.90
$10,039.21
d forward . . . $167,034.95
ided in statement of ezpenseii, bat Is reported in assets
[Iroad corporations. (See chapter 166, section 7, Pablic
29
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122
STATE treasurer's REPORT.
Amount brought /orward
BANK COMMISSIONERS.
Printing report
$2,119.88
Printing blanks
723-35
Compensation, etc. .
8,196.05
Incidentals ....
217.00
Clerk
750.00
$12
NEW HAMPSHIRE NATIONAL GUARD.
N. H. National Guard (regular
appropriation) . . . .
$29
BOARD OF AGRICULTURE.
'Salary of secretary . . . $1,500.00
Expenses of board . . . 2,454.32
Printing blanks, etc. . 421.57
Incidentals .... 299.11
$4
WHITE MOUNTAIN ROADS.
Dixville $240.74
Pinkham
198.60
Randolph
150.00
County Pond .
49.10
Sandwich Notch in Thornton
100.00
Miller Park .
153.25
Dummer ....
100.00
Crotchet Mountain .
50.00
Errol and Dummer .
200.00
$1
Amounts carried forward .
$213
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TRBASURBR S REPORT.
123
forward
. $1,241.69
$213,714.50
Location
200.00
Sandwich
200.00
Flume
400.00
y Point
250.00
>n
7500
Hole
267.09
Zlonnecticu
t
•
399-85
100.00
.
350.00
•
500.00
.
250.00
I Warren .
150.00
1,000.00
.
200.10
i in Bentor
I 100.00
•
300.00
s
160.98
.
486.22
.
100.00
.
300.00
•
175.00
•
100.00
$7,305.93
r OF STAT
B TAXES, 1895.
.
•
101.20
D OF EQp/
LLIZATION.
.
$600.00
.
359-00
9.70
$968.70
orward
•
$222,090.33
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124
STATE treasurer's REPORT.
Amount brought forward . . . $222,090.
BOUNTY ON WILD ANIMALS, ETC.
Bounty on 105 bears, at $5 . $525.00
Bounty on i wildcat, at $1 . i.oo
Bounty on 2 wolves, at $20 . 40.00
Bounty on 5,783 hawks, at$o.25 1,445.75
Bounty on 19 bushels grasshop-
pers, at $1 . . 19.00
STATE BOARD
OF HEALTH.
Salary of secretary .
. $2,500.00
Clerk ....
500.00
Expenses of board .
530.45
Registrar ....
707.41
Printing report .
. 1,380.66
Printing report, registration
• I.I35-75
Blanks ....
44.63
STATE HISTORIAN.
Compensation, etc. . . . $2,864.08
Printing Vol. XXV state papers 1,976.79
Printing Vol . XXVI state papers i ,861 . 20
Printing Vol. XXVII state papers i ,918.69
Printing blanks . . . 6.13
COMMISSIONERS OF LUNACY.
Expense of commission
Maintenance of insane
$657.49
16,030.67
Amount carried forward
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MEASURERS REPORT. 1 25
^ward . . . $256,235.03
EGISLATURE.
• •
$350.00
425.00
en ate and
.
2,724.32
reports .
1,438.92
33.82
ws .
1,194.66
vspapers .
7,200.00
• •
29.90
$13,396.62
INERS OF
PHARMACY.
jners
$490.75
•
9.72
$500.47
NER OF IMMIGRATION
.
)ner
•
$656.81
)TRY COMMISSION.
, ,
$1,000.00
>n .
247.89
$1,247.89
IBOAT INSPECTOR.
•
• .
$9.64
ARY COMMISSION.
jners
$153-33
300.00
•
88.50
$541-83
ward
. ,
$272,588.29
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126 STATE treasurer's REPORT.
Amount brought forward . . . $27
LABOR BUREAU.
Salary of commissioner . .$1,500.00
Expenses ..... 2,014.81
%
CONTAGIOUS DISEASES (CATTLE).
Paid for cattle slaughtered by
order of commissioners . . $5,303.00
Expenses of commissioners . 3,067.27
$
BOARD OF REGISTRATION (DENTISTRY).
Expenses .......
INDEPENDENT MILITIA.
Amoskeag Veterans .
$100.00
Manchester War Veterans
100.00
Manchester Cadets .
200.00
Lafayette Artillery Co.
100.00
SOLDIERS HOME.
Bills for the year* . $15,132.14
Hospital ..... 10,000.00
$21
Amount carried forward . • $3i<
*Se6 remarks, page 107.
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STATE treasurer's REPORT. 1 27
-ought forward . . . $310,182.01
STATE LIBRARY BUILDING.
, etc., for year . $23,952.63
►rinting, address-
748.92
INSURANCE TAX OF 1895.
per table in Appendix, pages
RAILROAD TAX OF 1895.
per table in Appendix, pages
SAVINGS-BANK TAX OF 1895.
per table in Ap-
ges 152-159 . $431,035.99
Lind . . . 53,619.13
PRINCIPAL OF DEBT.
ipal war loan series
lejan. i, 1892 . $400.00
s 1872, due Jan.
500.00
4,000.00
149,000.00
$24,701.55
$8,949-75
$186,860.29
$484,655.12
s 1872, due Jan
s 1872, due Jan
mds paid
$153,900.00
temporary loan) 150,000.00
xrried forward
$303,900.00
$1,319,248.72
35
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128
STATE treasurer's REPORT.
Amount brought forward
$1,319,248,
INTEREST.
Interest on Fisk legacy . . $1,055.14
Interest on Kimball legacy . 270.14
Interest on Agricultural college
fund . . . . . 4,800.00
Interest on state notes . . 1,001.52
Coupons and interest on regis-
tered bonds . . . 105,700.00
$112,826.
BOARD OF CHARITIES AND CORRECTIONS.
Expenses of board
Printing blanks
$57.62
48.07
BOUNDARY SURVEY (MASS.).
Expenses of survey ....
$105.
$4,207.
MISCELLANEOUS.
Idiotic and feeble-minded .
Auditing printer's accounts
Lighting Weirs Channel .
Sunapee Lake, lights and buoys
Granite State Dairymen's Asso
N. H. Horticultural Society
Teachers' institutes .
Unclaimed savings-bank deposit
N. H. Veterans' Association
N. H. Horticultural Society
Regimental histories
Almy reward .
$940.05
322.00
257-25
239.76
500.00
500.00
2,308.05
.12
1,000.00
300.00
1,710.00
2,734.98
Amounts carried forward
36
$10,812.21 $1,436,388.
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ATE TREASURERS REPORT. 1 29
^ht forward $10,812.21 $1,436,388.74
nonument
tits and buoys
' records
sements
40.00
177.26
806.25
17.00
12,305.84
$24,158.56
$1,460,547.30
FUNDED DEBT.
/ outstanding and dates of their maturity
loan, series of 1872, due
)verdue .
1894, overdue .
1895* overdue .
1896, overdue .
1897, to Jan. I, 1905
$400.00
500.00
3,000.00
1,000.00
1,350,000.00
var loan outstanding, 6^ $1,3,54,900.00
3, due July i, 1879, over-
500.00
>an, 4^ :
1911 . $175,000.00
1913 • 75,000.00
250,000.00
iral college loan, due July
135,000.00
\ debt . . . $1,740,400.00
37
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130 STATE TREASURERS REPORT.
STATE OF THE TREASURY JUNE i, if
LIABILITIES.
Floating debt $]
Trust funds (see items page loi) . . 653, {
Funded debt (see page 129) . . 1,740,^
Total liabilities .... $2,394,;
ASSETS.
Cash and cash items on hand June i,
1896 $211,;
Benjamin Thompson estate, securities at
appraisal (see remarks page 106) . 347 »;
Due from railroad corporations for ex-
penses of railroad commission for year
ending May 31, 1896 (chapter 155,
Public Statutes) .... 7,.
Due from United States acc't Soldiers'
Home
State tax of 1895 due from Kilkenny
Total assets June i, 1896 . . $566,
Deficiency, being net indebtedness June
I, 1896 $1,827,'
DEPOSITS BY RAILROAD CORPORATIONS FOR LAND DA]
The treasurer reported a balance in his
hands June I, 1895, of . . . $i,<
The transactions during the year have
been as follows :
Nov. 27, 1895. Paid John F. Webster,
Treasurer, for account John R. Horn i,;
Balance in treasurer's hands, June i , 1896 $,
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STATE TREASURERS REPORT. 13 I
On the 31st day of May, 1895, the treasurer's accounts
r the fiscal year 1894-5 were closed, his cash balance
id bank accounts verified, as shown by the certificate
the auditors. (See pages 42 and 43, treasurer's re-
)rt, 1895.)
The auditors' report showed cash and securities in the
sasurer's hands amounting to $498,026.86, and the
^ures appeared in the local papers and Associated
ress reports of that date, which fell on Friday.
Saturday, June i, immediately following the publica-
)n of the condition of the treasury, two strangers called
the treasurer's office, at different times, and were each
:commodated by having bills changed.
On Monday, June 3, 1895, between the hours of 12 : 30
id 1 : 15 p. M., some person or persons (presumably the
irties accommodated on Saturday, or their accomplices)
)tained access to the office, unlocked an antiquated safe,
)tained therefrom the key to the door of the vault, un-
cked two safes inside the vault, one containing the
iblic funds, the other private papers, and secured and
irried away cash and cash items amounting to $3*385.50,
id a certificate of deposit for $2,044.16, leaving the in-
rior safes and the door of the vault locked and carrying
vay the key to the latter.
It was late Tuesday afternoon before the fact that a
irglary had been committed was established, and steps
ken to identify and capture the perpetrators. Seven
arsons, at least, saw one or more of the suspected
irties, either on Saturday or Monday, but were unable
give an accurate description of them, and although
e local police and a representative from the Pinkerton
itective agency were for a considerable time employed
>on the case, no clue could be discovered sufficiently
)nclusive to warrant the apprehension of any one for
le crime.
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132 STATE TREASURERS REPORT.
June lo, I reported the facts to the governor
council, and two days later formally requested a spe
audit and verification of the treasurer's cash balance
securities in his custody.
In response to this request the governor and cou
employed an expert accountant, who, with a commi
of the honorable council, made a special and cril
examination of the treasurer's accounts, not only for
time intervening between the former audit and the (
of special examination, but also for the entire fiscal ]
preceding, to wit, June i, 1894, to May 31, 1895.
Following is the report of the accountant to the c
mittee, and the report of the committee to the govei
and council, to which I respectfully call your attentic
accountant's report of SPECIAL AUDIT.
Hon. F. C Faulkner^ Chairman^ Etc.:
I have the honor to submit the following report of
result of a special audit of the state treasurer's accou
made in pursuance to an appointment by his Excelle
the Governor, and the request of the treasurer, ur
date of June 12, 1895, for the purpose of ascertair
the actual condition of the treasury, and for a verii
tion of the cash balance subsequent to the burglar
the treasurer's office, June 3, 1895.
I have the honor to report as follows :
I find in the treasury bank balances (which h
been verified) , —
Currency and cash vouchers amounting to $272, 20(
Amount of loss by burglary . . . 3j38.'
Making a total of ... . $275,59*
This being the amount called for by the trial bala
of June 25, the date of my examination.
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STATE treasurer's REPORT. !33
have carefully and critically examined the treasurer's
ounts from June i, 1894, to June 25, 1895, both dates
lusive, also the securities of the Benjamin Thompson
ite and all transactions with the Benjamin Thompson
5t fund between the dates named,
rhe receipts of the treasurer for the time named have
n verified by the sworn returns of the Treasurers of
porations, certificates of the board of equalization
ill cases where the board has assessed taxes, by cer-
:ate of state oflScers in all cases where taxes have
;n assessed or fees collected by them, and by satis-
tory evidence in every instance when the receipts
''e been from miscellaneous sources, such as interest
deposits of state funds, sales of public property, and
eipts from the United States goverment for the sup-
t of the Soldiers' Home. The disbursements of the
isurer during the period above-named .are in every
tance supported by proper vouchers, and with the
:eption of bonds and notes redeemed and the interest
reon, all disbursements are made in pursuance to the
rrant of the governor, by the advice and consent of
council, attested by the secretary of state, as re-
red by Article 55 of the Constitution of the State of
w Hampshire, and each warrant cites the particular
:ute upon which the payment is made,
ro be specific to some extent, I will state that the
owing are some of the accounts that I examined,
. : Treasurer's cash book, journal, general ledger,
isurer's appropriation ledger, town ledger, tax ledger,
h book, journal and ledger containing the record of
Benjamin Thompson trust fund. All entries in these
>ks are made by the treasurer himself, also weekly
h balance, record of deposits of railroad corporations
land damages. Book containing distribution of the
rary fund, record of trial balances, books containing
41
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134 STATE TREASURERS REPORT.
records of assessments and distribution of the va
corporation taxes, and treasurer's check-books.
In conclusion, I find the affairs of your treasurer
in a very systematic manner, and my opinion is thj
duties are of an unusually comprehensive character
many states there is a separate department of audit
efficient and well paid officials. In case of your t
ury your treasurer, in fact, audits, in a sense, al
accounts and books, and looks up the authority
which warrants are issued and payments made.
I merely report this as I consider that your trea
is an expert in the methods of accounting, and I giv
testimony to this effect.
Respectfully submitted,
(Signed) William Owen,
Special Account a
State House, Concord, N. H., July 22, 1895.
COMMITTERS REPORT.
Concord, N. H., July 23, i&
To His Excellency the Governor and the Hono
Council:
The special committee appointed, June 18, 189
examine the treasurer's accounts report that the exai
tion of said accounts from June i, 1894, to June i,
made by the auditing committee on the last-named
and on file with the secretary of state, has been
fully reviewed and verified in detail and the cas
hand, June i, 1895, found to be $143,192.81 as by
reported.
42
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STATE TREASURER S REPORT.
135
liey have also examined said accounts from June i,
;, to June 25, 1895, and find as follows :
1 on hand June i, 1895
eipts to June 25, 1895
Total
enditures .
nee required
lal cash balance June 25, 1895
cit b}' burglary .
$143,192.81
150,168.00
$293,360.81
i7»76S-39
275^595-42
272,209.92
$3,385.50
hey have also examined the assets of the Benjamin
mpson fund in the hands of the treasurer and find
rities amounting to, at the original appraisal, $349,-
76. They also find in the treasurer's hands the sum
1,860.00, balance of deposits by railroad corporations
land damages, as shown by his account, and also
sum of $234.16, balance of literary fund, making the
I and securities in the treasury, June 25, 1895, as
>ws :
lal cash balance .... $272,209.92
[road damages deposit ... i ,860.00
I nee literary fund .... 234.16
Lirities Thompson estate at original app'l 349^585 .76
>meonsame from January 30, 1895, to
ine 25, 1895 4'i8i.23
Total
$628,071.07
hey find the treasurer's books correctly kept, all
ies in the principal ones being made by the treasurer
fonally, with vouchers for all expenditures, and they
ify that all receipts have been duly accounted for,
all expenditures made in accordance with law.
43
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136 STATE treasurer's REPORT.
The report of Mr. William Owen, special ace
for the committee, is submitted herewith and mad(
of this report.
It has been the custom to audit the treasurer's
at the end of each fiscal year, June i, only, v
result that when a new legislature meets, the 1
seven months is unaudited, and the governor and
by whose authority the expenditures have been m
out of office. Your committee is of the opinion
the information of the incoming legislature and
protection of the treasurer, the condition of the t
at the expiration of the term of each state gove
should be ascertained and recorded, and they tl
recommend that an additional and final audit b
December 31, 1896.
Attention is called to the antiquated and insi
vault and safes furnished the treasurer for keep
funds, valuable books, and financial records of tli
Its very insecurity and the danger of keeping ai
siderable amount of money in the treasury has p
prevented other robberies in the past, but late exp
shows that it is not wise to trust to this for future
tion. As the present condition cannot be remedic
out legislation, we respectfully recommend to tl
legislature the necessity of providing the treasury
modern fire and burglar proof vault.
(Signed) Francis C. Faulkner,
Thomas P. Cheney,
Mitchell H. Bowker,
S-pecial Committee of the Cot
Payment of the certificate of deposit referred
stopped and a new certificate issued, so that the
loss by the burglary was as stated.
44
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STATE TREASURERS REPORT. 137
:e the 3d of June, 1895, there has been a deficit in
asurer's cash account of $3,385.50.
spectfully request the legislature to pass an act
ng the treasurer from responsibility for that sum.
REDUCTION OF DEBT.
operations of the treasury department for the past
iside from the unfortunate occurrence last June,
been unusually satisfactory, the debt statement
ig a reduction of our net indebtedness of $198,-
during the year.
I I, 1872, the state debt was $4,138,124.26, the
t in the history of the state. Since that time the
ion has been uniform and rapid, the debt having
ncreased in only two years of the quarter century,
: in 1878-9 owing to the construction of the new
orison, when the increase was $43,360.83 ; and
in 1887-8 when there was an increase of $27,-
, caused by the unprecedented length of the ses-
' the legislature of 1887.
reduction of the debt during the remaining twenty-
:ars has been $2,381,103.50.
ebt June i, 1872, was . . . $4,138,124.26
sed 1878-9 and 1887-8 . . . 70,720.61
$4,208,844.87
igate reduction in twenty-two years 2,381,103.50
5bt June I, 1896 . . . .$1,827,741.37
B Municipal War Loan bonds, so
2d, issued Jan. i, 1872, bearing six
cent, interest, amounting to . . $2,206,100.00
have been redeemed . . . 851,200.00
ig outstanding . . . .$1,354,900.00
45
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138 STATE treasurer's REPORT.
These bonds have been paid from the reven
state, without recourse to an issue of refunding
One hundred and fifty thousand dollars of th
mature annually January i for the next nine y<
to 1905, both inclusive).
It is desirable that the policy of redeeming n
refunding be continued.
RAILROAD TAXES.
I would most respectfully call the attention ol
lature to the subject of the apportionment of
upon railroads under existing statutes, and
necessity of legislation to correct the ineqaalit
present method.
In my report of June i, 1894, I pointed out
as I was able some of the objections to existin
on this subject, and would refer to that repo
only add to the statements contained in my
1894 the following facts developed in the app<
of the railroad taxes of 1895 :
The returns to the towns on the shares c
stock, of the par value of $100, held by residei
on April i, 1895, varied from four cents to thi
and nineteen cents per share, while the retu
towns on that class of property designated by
as buildings and right of way, varied from 01
tenths mills to eight and four tenths cents on
valuation, the average return on the latter cl;
road property being about two and one tenth
dollar.
The injustice of this is apparent when it is
a town contributes just as much in state and co
on a dollar of valuation in the former case
latter.
It is not desirable that any change should
46
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STATE TREASURERS REPORT. 1 39
ile the present apportionment of the public taxes is in
:e, but it seems to me indispensable that the legisla-
e of 1897 should take some action looking to a correc-
I of the inequalities at present existing, and direct-
the board of equalization how to treat railroad
perty in the preparation of a new apportionment act
>e submitted to the legislature of 1899.
STANDING APPROPRIATIONS.
would most respectfully renew my recommendation
he legislature of 1895 (see page 445 treasurer's report
[894), in regard to the repeal of all standing (annual)
)ropriations, substituting therefor a biennial appropria-
1 bill or bills.
n 1893- the subject was briefly considered by the
ise committee on finance, the result being an unani-
us adverse report by that committee,
n 1895 the house committee on appropriations
inimously reported in favor of the proposed change,
I an appropriation bill was passed by the house, and
orably reported to the senate by the finance committee
that body, but failed of a passage, as I believe, from
lack of time for its consideration by the upper branch
;he legislature.
rhe early consideration of this subject by the legisla-
e of 1897, would, I believe, result in the adoption of
proposed change, aud prove for the best interests of
state.
SOLON A. CARTER,
Treasurer ,
47
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AUDITORS' REPORT.
Concord, May 2<
To His Excellency the Governor and the i
Council:
We have examined the treasurer's accounts fr<
1895, to date, as shown by the foregoing report, a
Cash on hand June i, 1896
Receipts to June i, 1895 .
Total
Expenditures ....
Deficit by burglary June 3, 1895
Cash and cash items on hand May 29, 1896 2
$1
$1,6
i»4
$1,^
We have also examined the assets of the
Thompson fund in the hands of the treasurer
securities amounting at the appraisal to the
$347,385.76. We also find in the treasurer's
sum of $597.50, being balance of deposits b]
corporations for land damages as shown by hii
and also the sum of $507.41, being balance c
fund, making total cash and securities in th<
May 31, 1896, as follows:
48
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tEASURERS REPORT. I4I
. $208,123.37
>sited . . . 597-50
507.41
lompson estate on
347^385.76
mpson estate from
to date . . 5,662.57
$562,276.61
er's books correctly kept, with
itures, and certify that all receipts
:ed for and all expenditures made
\. W. DINSMOOR,
Accountant.
FRANCIS C. FAULKNER,
THOS. P. CHENEY,
Committee of the Council,
\')
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APPBNDIX.
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APPENDIX.
TABULAR STATEMENT.
iowing the number of aharea in the various chartered stock insurance
companies in the state. April 1, 1805, the amount qf tax paid by tftem^
the amount distributed to the several cities and townSj and the balance
accruing as revenue to the state.
COMPANIB8.
Shares.
Tax. To towns. To state.
ipital
re Underwriters Assoolation
ranite State
»w Hampshire
krtsmonth Fire Association. .
ate Dwelling- House
Totals
2,000
t2,000.00
$1,^8.60
100
100.00
76.00
2,000
2,000.00
1,464.26
8,000
8,000.00
6,609.60
600
600.00
876.00
160
160.00
112.50
12,760
$12,760.00
(8.049.76
•676.60
26.00
546.76
2,490U»
125.00
87.60
$8,800.26
53
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146
STATE TREASURER S REPORT.
TABULAR STATEMENT.
Showing the <i9sestTnent of railroad taxes for 1805, the amount di
to the several cities and tovms, and the balance accruing <u r
the state; also assessments on account expenses railroad comn
to June 1, 1805.
Corporations.
Tax.
To towns.
To state.
Boston A Maine
Concord A Montreal
Concord A Claremont
Concord APortsmoath
Concord Street Railway
Connecticut River
Eastern
Fitchburg
GraDd Tmnk
Laconia Street
Manchester A i^wrence
Manchester A North Weare
Manchester A Keene, | to Concord
A Montreal, i to Boston A Lowell..
Manchester Street Railway
Mount Washington
Nashua, Acton A Boston
Nashua A Lowell
Northern
Peterborough
Peterborough A Hillsborough
Pemigewasset Valley
Portland A Ogdensburg
Portland A Rochester
Portsmouth A Dover
Profile A Franconia Notch
Sulliyan County
Suncook Valley
Wilton
Whitefleld A Jefferson
Worcester, Nashua A Rochester —
Totals
$49,087.47
89,268.72
9,060.72
9,120.00
606.00
8.200.86
5,816.96
24,467.06
6,014.82
291.84
22,749.90
1,216.00
1,646.90
1,064.00
2,280.00
278.60
6,668.96
84,028.24
747.84
1.064.00
2,482.00
4,662.40
466.00
1,620.00
1,620.00
10,640.00
2,068.06
8,767.82
1,900.00
18,028.72
$814,682.41
$17,068.41
78,475.88
8,997.88
8,108.66
660.70
891.86
4,648.99
6,664.89
1,478.68
280.46
16,118.06
804.00
886.47
1,064.00
814.40
126.96
2,574.88
16,850 J»
624.64
1,064.00
1,819.06
1,207.40
114.66
1,024.28
1,620.00
2,660.00
1,964.92
8.167.17
1,900.00
10,260.26
$186,860.29
$82,809.06
15,787.89
68JM
1,011.46
67.80
2,800.01
706.97
17,912.17
4,485.74
61.88
6.681.84
912iN>
1,169.48
"V,465.60
146.64
8,064.68
17,677.66
228.20
612.92
8,845i»
841.45
486.72
7,060.00
98.16
600.16
7,778.46
$127322.12
a Includes entire system, b Includes entire system.
Maine, d Included in Concord A Montreal.
e Included in
54
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STATE TREASURERS REPORT.
147
TABULAR STATEMENT.
fing the valuation qf the several telegraph companies within the limits
the state, and the tax assessed upon them by the state board oif eqwiX-
Hon, for the year 18d5.
COBPOKATIONS.
Valuation.
I Tax
j acwessed.
Tax paid.
lean $2,000.00
^r&Derry I 400.00
tU.S. Cable 10,000.00
t Northwestern J . 5,000.00
e : 10,000.00
kl Telegraph Cable 1 10,000.00
ern Union 180,000.00
I
I
Otal i $207,400.00
$80.40 I
6.06 I
iea.oo I
76.00
162.00
162.00
2,482.00
$80.40
6.08
162.00
76.00
162.00
162.00
2,482.00
$8,000.48 I $8,000.48
TABULAR STATEMENT.
nng the valuation of the several telephone companies within the limits
the state, and the tax assessed upon them by the state board of equal-
ition,for the year 1805.
C0BPOKAT10N8.
Valuation.
)rook, Stewart8town A Connecticut
te $600.00
BnfiTland Telephone A Telef^raph Co. . 170,000.00
hern | 8,000.00
outh A Campton | 4,000.00
otal $177,600.00
$9.12
2,684.00
46.60
60.80
$2,699.62
55
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143
STATE TREASURERS REPORT.
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REPORT.
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STATE TREASURERS REPORT.
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J STATEMENT
STATE TAX COLLECTED, AND
D TOWNS AND CITIES FOR IN-
D, AND SAVINGS-BANK TAXES
\D FOR THE YEAR 1895; TOTAL
WCES.
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152
STATE TREASURERS REPORT.
H
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STATE TREASURER S REPORT.
153
C : :SSS
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ii
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it
92
S8SSSS8&98SS9S;t|8&«S8SoS98!i:St!gS!!S»i;S98SS
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IH « »^»H f-T
984.07
468.80
86.66
19.70
478.89
46.69
241.24
816.96
107.60
206.99
219.77
4.44
1,160.82
61.84
.86
442.80
1,111.60
p
61.01
809.76
10.66
777.16
'12.19
488.78
1
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16.00
11.26
8.76
. ^
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1 54
STATE TREASURERS REPORT.
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STATE TREASURER S REPORT.
155
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156
STATE TREASURER S REPORT.
•si
f
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ass
s s
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TATE TREASURERS REPORT.
157
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sg
1
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g§SSBg86SS5RSSSR§
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1 ^ ^ciei mtt ^ <f ^ m
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lis
S8|8s;s|as8e8s^
196.96
641.77
1.88
1.66
168.82
n
1
•
: 12^ i*S : : :
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ia : : :
8
1
[811
1
1,420.00
8,710.00
8,060.00
190.00
816.00
1,950.00
1,275.00
845.00
1,200.00
pH
285.00
7,116.00
446.00
880.00
556.00
111
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158
STATE TREASURERS REPORT.
i' §2 •
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Railroad
tax.
$175,884.18
7.26
74.67
110.68
2,336.62
182.66
1,314.61
182.81
144.09
198.71
60.60
1,376.66
97.67
474.66
Insurance
tax.
$8,762.60
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STATE TREASURER S REPORT.
159
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FINANCIAL STATEMENTS.
THE CITIES AND TOWNS COMPILED BY COUNTIES,
N ACCORDANCE WITH THE PROVISIONS OF CHAPTER
6 OF THE PUBLIC STATUTES.
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1 62
STATE TREASURER S REPORT.
ROCKINi
TOWNS.
Assessed
valaation.
Taxes
assessed
for all
purposes.
Tax
on
$100.
Total debt.
1. Atkinson
2. Auburn
8. Brentwood
4. Candia
5. Chester
6. Danville
7. Deerfield
8. Derry.
9. East Kingston ..
10. Eppinff
11. Exeter
12. Fremont
18. Greenland
14. Hampstead
15. Hampton
16. Hampton Falls..
17. Eensin^on
18. Kingston
19. Londonderry ...
20. Newcastle
21. Newflelds
22. Newingrton
28. Newmarket
24. Newton
25. North Hampton.
26. North wood .....
27. Nottingham
28. Plaistow
29. Portsmouth
80. Raymond
81. Rye
82. Salem
38. Sandown
84. Seabrook
85. South Hampton
86. Stratham
87. Windham
Aggregate
$809,868.00
820,047.00
298,870.00
844,649.00
867,411.00
196,028.00
406,686.00
1,146,985.00
241,887.00
696,800.00
8,145,686.00
266,650.00
860,482.00
866,490.00
648,886.00
284,896.00
259,245.00
849,846.00
520,487.00
250,822.00
250,548.00
228,047.00
1,818,584.00
888,483.00
604,725.00
496.841.00
810,972.00
883,186.00
8,214,714.00
411,286.00
610,270.00
685,992.00
154,617.00
292,960.00
198.622.00
424,847.00
848.472.00
$26,038,971.00
$4,028.16
$1.80
5,129.15
1.60
2,938.70
1.00
7,168.09
2.06
4,906.00
1.88
8,866.89
1.70
6,244.89
1.53
22,468.96
1.97
2,660.76
1.10
11,473.65
1.64
58,475.79
1.70
8,279.80
1.23
4.618.89
1.29
5,048.88
1.38
8,627.97
1.88
8,278.64
1.15
2,974.18
1.16
5,589.54
1.60
7,583.89
1.45
4,296.54
1.72
4,760.41
1.90
8,280.46
1.42
26,870.68
2.00
6.826.64
1.66
6,672.14
1.10
9,068.59
1.88
6,708.84
1.84
7,828.99
2.20
169,228.11
2.06
7,820.78
1.90
8,964.72
1.47
15.091.82
2.20
2,288.07
1.48
6.216.64
2.12
2.462.91
1.24
5,211.92
1.22
4,705.56
1.87
$1.77
(460,564.61
$6,190.07
96.00
6,870.81
507.42
8,845.00
6,875.66
24,082.87
4,101.52
84,647.82
89,600.00
750.06
8,000.00
1,668.10
6,800.00
8,607.50
6,346.51
24,662.60
1,894.66
2,238.85
15,262.00
10,911.76
8,118.60
12,642.78
15,289.48
17,288.68
850.072.06
27,181.85
2,908.45
15,386.90
1.065.80
10,614.71
2,046.50
850.00
43.82
$1,219,496.55
70
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Google
STATE TREASURERS REPORT.
163
a Increase
OP
b decrease
during year.
Ck>stof
pablio
works.
Precinct
debts,
Purpose for which
debt was incurred.
$328.97
658.M
145.53
898.96
134.77
290.77
558.65
683.35
279.25
1.577.68
6,767.28
38.81
259.82
172.27
88.84
61809
125.68
211.80
565.93
291.42
116.89
516.84
2.889 55
1,616.47
584.10
1,553.41
68.67
16,033.46
82.241.91
1,410.96
263.56
8,185.60
86.24
1.294.01
251.06
885.74
200.35
ad $110,270.79
be 16,884.01
0 $93,438.78
*$1,500.00
1
$423 000.00
27,131.85
1,258.46*
1
1
1
$450,131.85 $2,753.45
i
I Law suit and reduc-
I tion of revenue.
War debt.
New road.
Building town hall.
I Street improve-
I ments and sewers.
War debt.
War.
War debt.
, New road and de-
crease in revenue.
War.
New town hall.
Water-works.
School debt.
^Building school-
i houses.
( Removing ledges
( from highway.
War bounties.
f assets. d Decrease of assets. 0 Net increase,
ecinct debt not included in total liabilities.
71
Digitized by
Google
Digitized by
Google
ATE TREASURER S REPORT.
165
I Increase
or
i decrease
luring year.
Cost of
public
works.
Pre-
cinct
debt.
Purpose for which
debt was incurred.
B Increase
or
during year.
Cost of
public
works.
Pre-
cinct
debt.
Purpose for which
debt was incurred.
.S6
.70
.92
.19
.07
.94
$888.00
$11,370.81
8,887.88
Water supply and
[school debt.
Liabilities arising
from div. of town.
War debt.
11A<»».A1S
Funding and sew*ge.
Water- works.
JS5 in nnnnn
.59
.78
.08
.50
.89
.61
'
[debt.
Highways and war
$167,608.16
$8,770.88
d Decrease of assets.
0 Net increase.
73
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Google
i66
STATE TREASURER S REPORT.
CA
TOWNS.
Assessed
valaatlon.
Taxes
assessed
for all
purposes.
Tax
on
$100.
ToUI debt.
1. Albany
2. Bartlett
8. Brookfleld
4. Chatham
5. Conway
6. Eaton
7. Efflneham
8. Freedom
9. Hart's Location
10. Jackson
11. Madison
12. Moultonboroa^h
18. Ossipee
14. Sandwich
16. Tamworth
16. Tnftonborough .
17. Wakefield
18. WolfeboroQgh . .
AggregSLte
$70,204.00
840,947.00
115,912.00
^6,276.00
850,680.00
126,654.00
211,908.00
246,206.00
28,868.00
268,844.00
156,102.00
848,988.00
490,880.00
488,650.00
866,496.00
246.452.00
616,156.00
1,100,882.00
$1,909.40
6,754.65
1,900.94
1,809.53
14,048.82
8,804.95
8,644.81
8,546.46
250.00
8.091.79
4,828.61
5,588.02
9,671.61
9,481.48
6.944.42
6,741.87
9,967.51
22,182.64
$6,107,489.00 I $112,546.81
$2.72
1.60
1.64
$285.76
8,662.83
2.20
1.66
2.68
1.72
1.44
.86
608.98
20,400.83
50.69
1,507.78
2,000.00
1.16
2.45
1.60
624.79
1 95
2.15
1.90
2.84
1.62
2.01
22.Sa6.62
2,121.60
8,500.00
7.492.20
108,277.00
$1.84
$172,708.87
74
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STATE TREASURERS REPORT.
OUNTY.
167
Net debt.
a Increase
Surplus.! 5 decrease
during year.
Purpose for which debt was incurred.
I. fl04.48
t. 684.29
I,
$887.16
72.61
a $768.46
6 675.88
d 118.91
b 90.78
a 2,580.70
d 469.12
a 727.00
a 1,456.18
RepairinfiT higrhways.
To pay expenses of a law suit.
1. 19,502.19
r. " 760.72
Work on highways caused by freshets.
Roads and bridges.
Building school-house.
10.02
J. 1.256.12
}
150.00
616.64
816.76
2,124.26
8,014.02
)
e 149.26
6 488.98
e 111.18
e 867.42
6 1,728.06
e 670.49
b 1,070.97
a 8,634.50
6 8,586.70
L
{
J.
,. 19,306.87
! " 8,i85*.io
r. 6,561.89
i. 102,858.97
IV ar bounties
915.47
Building town hall.
$7,605 JM
$154,115.06
ad $14,683.87
be 8,884.12
0 $5,799.75
e Increase of assets. d Decrease of assets. 0 Net increase.
75
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Google
1 68
STATE TREASURERS REPORT.
MERRIi
TOWNS.
Assessed
valaation.
Taxes
assessed
for all
purposes.
Tax
on
$100.
Total debt. { A
1. Allenstown .
2. Andover....
8. Bosoawen.
4. Bow
5. Bradford ...
6. Canterbury.
7. Chichester..
8. Concord .
9. Danbury...
10. Danbarton.
11. Epsom
12. Franklin .
18. Henniker . . . . .
14. Hill
16. Hooksett
16. Hopkinton....
17. Loudon
18. Newbury .....
19. New London..
20. Northfleld ....
21. Pembroke ....
22. Pittsfleld
28. Salisbury
24. Sutton
25. Warner
28. Webster
27. Wilmot
A^^regate.
$645,712.00
440,426.00
606,618.00
888,819.00
405,782.00
446,280.00
284,882.00
11,228,615.00
210,558.00
818.090.00
822,760.00
2.607,800.00
676,890.00
174.888.00
690,285.00
828,145.00
486,488.00
270,860.00
800,588.00
618.011.00
1,196,682.00
1,120,285.00
289,228.00
880.262.00
649.888.00
266,476.00
215.175.00
$25,852,110.00
$7,748.54
5,725.58
$1.20
1.80
12,184.89
2.04
4,082.87
8,818.88
5,588.78
8,861.02
1.05
.94
1.24
1.18
260,589.05
2.82
8,115.28
4,445.98
6,828.17
1.48
1.42
1.66
45,181.40
1.80
18,874.64
1.96
2,615.04
12,746.06
10,718.99
6,479.50
4,829.25
1.60
1.85
1.80
1.88
1.78
5,400.08
1.60
6,207.28
1.21
16,902.00
1.88
24,066.00
2.15
5,669.01
1.96
4,788.79
1.45
9,097.58
1.40
2,964.52
1.12
8,765.49
1.75
$489,726.96
$1.89
$2,900.00
222.81
76,977.92
200.00
612.05
8,581.09
964.66
1,056,906.00
1,679.25
8,640.21
171,449.88
14,478.29
861.95
21.58
900.00
6.594.77
1,794.88
4,200.00
'6,800.00
61,842.80
4,776.78
1,864.72
26,277.56
6,703.81
$1,441,605.11
$U
76
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STATE TREASURERS REPORT.
169
OUNTY.
Net debt. Sarplas.
a Increase
or
h decrease
daring year.
Cost of
Public
works.
Precinct
debts.
Purpose for
which debt wai
incurred.
1.
f
$706.88
s.
74,872.82
1
5
B.
7.
880.18
B.
068.980.64
9
1.
664.94
1,675.10
2.
167,889.07
B. 11,780.43
2,738.80
1,507.19
2,549.58
5,148.90
88,642.42
8,528.64
21,265.48
8,746.17
$1,800,546.69
$3,704.59
183.47
2,722.20
1,216.56
1,848.27
90 87
1,166.74
8,670.86
1,270.61
1,809.42
1,556.62
$18,698.61
a $706.72
d 1,096.64
b 274.42
812.15
1,040.81
969.28
148.06
b 9,518.76
268.28
409.39
487.58
a 6,492.86
7,681.14
8.04
1.600.62
1,176.23
815.28
226.19
8,127.29
607.66
a 2,776.17
b 1,988.65
a 1,173.11
d 229.75 I
b 8,021.62 I
d 252.02 I
a 152.75 I
$73,000.00
1,185,170.11
200,000.00
$78,250.00
j Water- works.
Water- works
and school-
house.
896,266.26
4,000.00
ad $80,211.88
be 21.609.54
e $8,602.34
$1,412,170.11
$969,506.26
Highway repairs.
{Water-works,
sewers, and
general ex-
penses.
Current expenses.
{Water-works,
sewers, and
public build-
ings.
^New school
j building.
Trust funds.
I Building new
I highways.
Electric lights,
sewers, and
bridge.
Highway and
insufficient ap-
propriations.
\ Trust fund and
I war.
S Work on high-
\ way.
e Increase of assets. d Decrease of assets. e Net increase.
77
Digitized by
^ttfigle
I70
STATE TREASURERS REPORT.
HILLSB
TOWNS.
Assessed
valuation.
Taxes
assessed
for all
purposes.
Tax
on
$100.
1. Amherst
2. Antrim
8. Bennington...
4. Bedford
6. Brookline
6. Deerln^
7. Franoestown. .
8. Gk>ffstown
9. Greenfield
10. GreenTllle —
11. Hancock
12. Hillsborough..
18. HoUls
14. Hudson
15. Litchfield
16. Lyndeborough
17. Manchester...
18. Mason
19. Merrimack...
20. Milford
21. Mont Vernon .
22. Nashua
28. New Boston...
24. New Ipswich..
26. Pelham
26. Peterborough .
27. Sharon
-28. Temple
29. Weare
80. Wilton
31. Windsor ,
Aggregate
$616,482.00
596,465.00
248,714.00
646,881.00
818,916.00
196,288.00
882,746.00
1,208,986.00
258,272.00
686,626.00
322,409.00
1,102,068.00
615,940.00
667,608.00
218,328.00
279,284.00
29,448,668.00
802,151.00
697,666.00
1,928,418.00
299,880.00
13,452,846.00
690,084.00
487,730.00
479,228.00
1,426,172.00
69,201.00
168,769.00
662,901.00
944,011.00
82,868.00
$69,283,488.00
$9,668.58
$1.67
11,367.60
1.90
3,868.25
8,262.99
4,175.06
8,905.66
1J»
1.28
1.33
2.00
5,588.09
1.46
16,258.60
4.621.14
7.564.17
4.900.62
1.35
1.76
1.10
1.52
23,085.23
2.09
9,239.89
1.60
9,880.69
1.48
2,600.88
1.15
4,747.83
1.70
647,651.60
1.86
3,867.46
1.28
7,471.13
1.25
37,604.06
1.95
4,131.07
293,234.41
8,979.50
1.38
2.18
1.62
8,389.64
1.72
5,764.98
24,227.92
1,281.96
2,892.50
8,760.29
1.20
1.70
1.78
1.72
1.32
16,104.19
1.60
445.82
1.86
$1,096,726.70
$1.85
78
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STATE TREASURERS REPORT.
171
^TY.
ebt. ! Surplus.
a Increase
or
h decrease
during year.
Cost of
public
works.
Precinct
debts.
Purpose for
which debt
was incurred.
,097.43|.
,828.97|.
,877.04.
103.97| .
,040.771.
,456.03'.
,oeo.26i.
,402.96.
,502.53 .
.786.66'.
I
.832.14.
$747.56
409.10
2,700.15
m.06 .
)60.56 |.
I
,565.801 .
466.00
662.71,.
,«a.l6{
335.881.
.861^.
,683.27|
,968.14|.
906.691.
.024.88.
,674.98
,128.72
400.00
424.87
588.47
189.79
$5,888.94
$802.78!.
1,698.031
474.42! .
555.66;.
501.80 .
64.43.
121 .97L
200.78,.
825.19 .
2,802.76 .
196.811.
12,802.091
$28,000.00
$22,647.19'
Current expenses.
\ Water- works
I and town hall.
•I
42,600.00
21,000.00
19,810.16
1,578.81
I
1.168.02i
1,696.81
108.80
I
206,975.60, 3,438,247.07
96.78|.
449.88 .
18,206.87: 102,880.601.
148.16 .
49,945.36,
2,027.741
225,000.00 .
600.00 .
184.011.
1.475.81 .
8,738.351 .
811.87.
20.79.
988.67 .
20,688.40.
68.581.
New iron bridge.
\ Publishing town
I history.
Sidewalks.
S Sewers for fire
t precinct.
{Building town
house and re-
pairing high-
ways.
\ Suit for highway
) damage.
Water- works,
sewers, bridges,
and school-
houses.
Soldiers' monu-
ment.
Water- works
and funding
debt.
General expenses.
Incidental ex-
r penses.
Public library. ,
Railroad.
New school-
house.
ad $275,011.78 $3,805,727.67 $84,957.36
be 64,976.10
e $220,036.68; I
e Increase of assets. d Decrease of assets. e Net increase.
79
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1/2
STATE TREASURERS REPORT.
CHE!
TOWNS.
Assessed
yaluatlon.
Taxes
assessed
for all
purposes.
Tax
on
$100.
ToUl debt.
1. Alstead
2. Chesterfield ...
8. Dublin
4. Fitewilliam....
6. Gilsum
6. Harrisville ....
7. Hinsdale
8. Jaffrey
9. Keene
10. Marlow
11. Marlborough . .
12. Nelson
18. Richmond .....
14. Rindge
16. Roxbury
16. Swanzey
17. Sullivan
18. Surry
19. Stoddard
20. Troy
21. Walpole
22. Westmoreland
28. Winchester....
Aggregate
$482,928.00
614,291.00
621,461.00
474.088.00
294,060.00
888,849.00
981,040.00
881,112.00
6,610,986.00
286,182.00
662,698.00
126,847.00
216,288.00
488,996.00
67,869.00
782,808.00
119,484.00
148,926.00
172,048 00
688,184.00
1,478,188.00
466,660.00
1,262,694.00
$17,838,616.00
$6,188.21
8,477.21
6,428.28
8,296.46
8,420.89
4,606.20
16,677.68
14,097.79
99,84U97
2,968.28
9,948.02
1,907.98
8,448.80
6,482.98
986.69
10,602.86
2,114.96
1,712.66
2,969.28
10,021.66
22,864.16
6,161.27
20,091.89
$267,407.84
$1.27
1.88
1.04
1.76
1.16
1.86
1.70
1.60
1.62
1.08
1.60
1.61
1.60
1.12
1.88
1.48
1.77
1.16
1.72
1.88
1.66
1.86
1.60
$4,088.12
1,291.87
19,816.85
2,420.47
2,688.81
16,417.60
6,866.66
10,867.09
841,466.00
964.11
8,664.17
1,044.82
688.20
217.00
2,202.89
1,292.68
68.76
1,820.27
10,840.87
11,627.89
4,192.61
27,688.68
$1.60 $476,422.85
8o
Digitized by
Google
TREASURERS REPORT.
173
rease
r
rease
ryeap.
Coat
of pablio
works.
Preoinot
debts.
Parpose for which debt
was incurred.
$46.79
830.88
'Po^m honsA
15.76
16.68
1,039.28
114.48
Town hall, highway
repairs and shrink-
age in revenue.
Baflroad sr^Atuity
and hi^rhway dam-
age.
642.68
1,449.09
1,476.20
740.84
'$iBt60,8»'66
$1,291.61
Current expenses
and decrease of
1,769.62
92.17
revenue.
Fire engine and con-
crete.
Buildingschool-
126.26
house.
686.46
70.47
884 11
840.47
696 60
41.40
War
877.76
8,600.00
8.600.00
1 School-house and
1 general expenses.
) Town hall and high-
K,899.60
664.26
} way damage.
K,742.18
1 Library building and
I sewers.
t,124.69
M76.68
$850,882.06
$18,891.61
1,948.16
d Decrease of assets. e Net decrease.
81
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Google
174
STATE TREASURER S REPORT.
SU]
TOWNS.
Assessed
yalDEtion.
Taxes
for all
purposes.
Tax
on
$100.
Total debt.
1. Aoworth . . . . .
2. Cornish
8. Croydon . . . . ,
4. Charlestown.
6. Claremont..
6. Ooshen '.
7. Grantham . .
8. lAngdon
9. Lempster . ^
10. Newport....
11. Plainfleld...
12. Upringfleld .
18. Sunapee ....
14. Unity
16. Washinsrton
Aggregate..
$279,601.00
472,846.00
204,466.00
887,141.00
8,188,212.00
136,C60.00
181,180.00
2U ,246.00
168,702.00
1,416,676.00
476,712.00
189,746.00
487,176.00
214.682.00
269,864.00
$8,617,607.00
$4,868.81
7,819.90
$1.74
1.66
8,046.62
1.49
17,742.60
2.00
68,664.24
2.00
2.721.20
2,680 jn
2,868.87
2.00
1.98
1.40
1.80
81,164.68
2.20
spsp
1.70
2.25
1.60
1.66
1.80
$164,227.60
$1.90i
$2,800.00
296.01
2,718.48
14,488.60
102,784.00
1,822.19
2,666.12
66.00
1388.00
160,446.66
6,268.74
14,171.88
14,690.77
1,170.67
80.00
$822,697.07
82
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Google
STATE TREASURER S REPORT.
175
lUNTY.
et debt.
Sorpliis.
a Increase
or
b decrease
during 7e«r.
Cost Of
Pablio
works.
Precinct
debts.
Purpose for which debt
was incurred.
$1,008.92
a $687.19
d 882.05
a 651.18
a 8,206.01
a 7,289.08
a 178.81
6 899.04
d 600.96
d 284.68
a 1,190.22
a 2,082.66
b 122.96
a 426.08
a 687.10
0 290.16
Repairing highways.
$1,746.29
1,679.88
18,807.01
96,489.44
119.68
\ Expenses of small-
$6,297.60
} pox epidemic.
Bnildinff bridge and
school-houses, loss
of revenue.
)War, railroad, and
f town hall.
Current expenses.
War debt
1,462.40
628.16
146.17
♦250.00
T^iOfM of revenne
156,282.07
8,161.49
11,978.60
12,882.49
691.94
$61,084.86
(War, railroad, and
1 water-works.
Building town haU.
War bonnties
Building new roads.
Repairing highways.
1,218.70
299,688.22
$8,628.81
ad$17,216.26
be 1,812.14
$61,084.86
$6,647.60
« 16,908.12
Increase of assets.
toUl liabilities.
d Decrease of assets, e Net increase. * Not included
83
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176
STATE TREASURERS REPORT.
GRA
TOWNS.
Assessed
valuation.
Taxes
assessed
for all
purposes.
Tax
on
$100.
ToUl
debt.
1. Alexandria.
2. Ashland
8. Bath
4. Benton
6. Bethlehem..
6. Bridgewater
7. Bristol
8. Campton....
9. Canaan
10. Dorchester .
11. Easton
12. Ellsworth...
18. Enfield
14. Franconia . .
16. Grafton
16. Groton
17. Hanover
18. Haverhill...
19. Hebron
90. Holdemess..
21. Landaff
22. Lebanon
28. Lincoln
24. Lisbon
26. Littleton
26. Livermore ..
27. Lyman
28. Lyme
29. Monroe
80. Orange
81. Orford
82. Piermont —
88. Plymouth...
84. Rumney
86. Thornton . .
86. Warren
87. Waterville..
88. Wentworth .
89. Woodstock .
Aggregate ..
$210,762.00
666,781.00
606,168.00
119,868.00
720,206.00
109,962.00
726,887.00
867370.00
616,048.00
107,660.00
120,661.00
29,287.00
664,226.00
882,078.00
264,789.00
106,640U)0
1.064,944.00
1,188,870.00
86,908.00
240,174.00
211,428.00
2,888,610.00
206,260.00
1,016,442.00
1,688,261.00
816,260.00
176,782.00
457,290.00
280,864.00
67,871.00
888,796.00
841,687.00
808,280.00
290,808.00
177,981.00
268,908.00
164.844.00
190,816.00
176,268.00
$17,671,416.00
$3,679.07
12,198.60
7,676.88
1,900.86
16,290.46
2,177.04
16,077.08
7,847.40
9,101.46
8,011.68
1,206.61
641.99
8,668.86
6,851.86
8,096.08
2,878.92
16,854.68
22,471.80
1,494.87
4,668.28
8.942.90
48,148.16
8,679.00
21,860.79
89,811.92
2,968.99
2,660.10
6,404.42
4,006.62
1,662.27
7,088.76
6,168.71
14,641 jn
6,806.08
6,079.61
4.048.62
1,468.87
8,687.84
4,781.98
$824,964.27
$1.74
2.19
1.60
1.60
2.12
1.98
2.07i
2.00
1.76
2.80
1.00
1.86
1.64
1.17
2.70
1.66
1.89
1.72
1.90
1.86
1.81
1.20
2.16
2.884
.04
1.60
1.40
1.46
2.80
1.88
1.61
1.81
2.00
2.86
1.60
.96
1.88
2.70
$1.84
$887.82
84,824.66
5,610.00
1,250.68
14,950.00
1,056.21
1,600.00
18,871.89
8,066.78
16,877.82
400.00
"4,068.00'
5,009.58
682.74
2,677.99
26.7884a
2,887412
1,181.84
192.66
184,628.78
1,709.67
88,000.00
122,268.97
1,681.61
6,857.68
6,290.26
804.00
6,066416
1,466.00
876.26
8,964.14
12,662.17
944.70
444.60
41.88
7,686.28
$478,628.76
84
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178
STATE treasurer's REPORT.
TOWNS.
Assessed
valuation.
Taxes as-
sessed for
all purposes.
1. Berlin
3. Carroll
8. Clarksville
4. Colebrook
5k Columbia
6. Dalton
7. Dummer
8. Enrol
9. Gorham
10. Jefferson
11. Lancaster
12. Milan
18. Northumberland..
14. Pittsburfi:
15. Randolph
16. Shelbume
17. Stark
18. Stratford
19. Stewartstown . . ..
20. Whitefleld
21. Wentworth's Locat*n
UNINCORPORATBD PLACBS.
Bean's Grant
Bean's Purchase
Cambridge
Chandler's Purchase . . .
Crawford's Purchase —
Cntt's Grant
Dixvllle
Dix Grant
Ervinsr's Grant
Green's Grant
Gilmanton and Atkin-
son Academies' Grant.
Kilkenny
Low and Burbank's Gr't
Martin's Location
MiUsfleld
Odell
Plnkham's Grant
Sargent's Purchase
Second College Grant. . .
Success
Thompson andMesenre's
Purchase
Aggregate
$2,064,646.00
827,898.00
129,946.00
797,606.00
248.886.00
162,071.00
141,412.00
142,829.00
611,482.00
288,844.00
1,428,980.00
812,946.00
620.460.00
887,791.00
62,862.00
140,600.00
267,882.00
876,488.00
877,021.00
688,802.00
27,000.00
7,000.00
100,000.00
182.000.00
8,000.00
20,000.00
40,000.00
126,000.00
86,000.00
20,000.00
10,000.00
80,000.00
76.000.00
46,000.00
6,000.00
126,000.00
160,000.001
6,000.00|
166,000.00
126,000.00
100,000.00;
60.000.00
$10,880,681.00
$61,886.18
$2.60
6,896.17
1.80
2,144.18
1.66
12,860.70
1.66
4,226.88
1.78
8,710.68
2.44
8,422.17
2.43
2,847.88
1.66
11,764.11
2.80
7,076.81
2.45
40,800.00
2.82
6,884.81
2.20
10,842.98
1.76
6,924.71
2.06
1,810.09
2.1Q
1,896.66
1.86
4,888.99
1.70
6,768.78
1.80
6,989.24
1.84
16,077.26
2.20
647.96
2.40
24.18
428.06
666.00
12.09
84.61
169.22
681.84
146.06
84.61
86.26
V42
888.44
814.27
198.89
24.18
681.84
628.68
24.18
701.06
681.84
428.06
206.48
$212,250.60
$1.96
86
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STATE TREASURERS REPORT.
179
(debt.
Sorplos.
a Increase
or
daring year.
III
Precinct
debt.
Purpose for which
debt was inoorred.
107,706.96
1,946.04
a $8,940.16
a 666.61
e 167.88
d 1,612.84
0 601.84
a 804.61
b 982.88
0 120.47
a 9,986.62
a 84.66
a 8,910.88
b 1,802.66
d 276.16
b 206.44
6 128JI2
6 800.84
a 1,828.08
6 728.98
a 664.11
a 2,161.41
d 18.28
$77,209.42
$8,640.00
Sewers, bridges,
and streets, prec't
debt for schools.
$278.60
162.08
1,248.86
1.81SS2
War.
...f:.f "v^«
10,484.68
8,197.78
84,787.04
l,247iJl
9,992.66
1 School debt and
j general expenses.
76,896.82
69,686.66
f Water-works and
I replac'sr bridges
] and repairs on
t highways.
Building school-
houses and bridg's.
1,806.68
2,227.80
94.66
War.
2,888.26
7 144.16
Bridge.
Bridges.
8,861.26
66,784.44
1,600.00
62,600.00
62,481.18
I Water-works, sew-
) ers, sidewalks, etc.
88.68
::;:::::;::::::::::
814,672.42
$4,148.18
ad $80,272.20
be 6,064.16
$216,686.92
$162,869.21
e $26,188.04
e Increase of assets. d Decrease of assets. e Net increase.
87
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i8o
STATE treasurer's REPORT.
RECAPITUL
COUNTIES.
yaluatlon.
Taxes
foraU
purposes.
Tax
on
$100.
1. Bookincrham ..
2. Strafford
8. Belknap
4. Carroll
5. Merrimack....
6. Hiilsborougli .
7. Cheshire
8. Sullivan
9. Grafton
10. Cotfs
Afirgregate....
$26,008,971.00
20,847,482.00
9,588,478.00
6,107,480.00
25,862,110.00
60,288,488.00
17,838,516.00
8,617,507.00
17,671,416.00
10,880,681.00
t $202,878,088.00
$480,564.61
408,202.42
189,772.48
112,545.81
489,726.96 1
1,098,726.70
267,407.84
164,227.60
824,964.27
212,250.60
$8,728,878.79
$1.77
1.96
1.99
1.84
1.89
1.86
1.50
1.904
1.84
1.96
$1.84
88
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STATE TREASURER S REPORT.
I8l
V COUNTIES.
laaets.
Net debt.
SDrplus.
a Increase
or
b decrease
durin^r year.
Cost of
pabllc works.
Precinct
debt.
809,649^6
280.466.44
$918,096.48
1,178,626.82
806,961.92
164,116.08
1,800,646.69
2,412,128.72
816,266.11
299,688.22
868,061.66
814,672.42
$8,161.29
4,609.71
4,720.20
7.606.94
18,698.61
5,888.94
4,782.00
8,628.81
17,847.67
4,148.18
a $98,486.78
a 96,854.18
a 81,429.61
a 6,799.75
a 8,602.84
a 220,006.68
b 14,948.16
a 16,908.12
a 70,241.07
a 26,188.04
$460,181.85
608,476.64
167,608.16
$2,768.46
1,010.00
8,770.88
26,194.28
169,747.08
404,268.79
168,889.24
26,792.16
148,424.67
119,997.17
1,412,170.11
8,806,727.67
850,882.06
61,084 J6
189,287.06
216,686.92
969,606.96
84,967.86
18,891.61
6,647.60
147,162.04
162,869.21
687,68a89
$7,648,896.12
$79,926.75
a $666,992.42
b 14.948.16
$7,106,898.82
$1,881,468010
e $661,0UJW
« Net increase.
89
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1 82
STATE TREASURER S REPORT.
O
Q
o
O
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I
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H
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9
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8S888S8888
M M I § § i § §
^S9S88Ss:88S;
S 8 6 S I J: S 9
Q Q .0 .0 Q
SS8I?8S;S88S
S § S S i 3 I M i
2 S ^' Sf • 9 5: *- a
8 S 8 S; 8 9
§ s § 1 1 s
S s s a s §
? §
I
s
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INDEX.
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INDEX.-VOL II, PART II.
PAGB
•atementof state tax 99,128
straot of receipts and disbursements 96
Jntant-General's department 118
Tlcultaral Collesre 98,100,121
fund 101
interest on 100, 128
t>am, war 99, 129
my reward 99,128
tportionment railroad taxes ...188
•pendix 146
sets 96-06,180
ylnm Library 96,120
The New Hampshire 120
tomey-Qeneral 118
idlting printer's aoooants 97, 128
treasorer's acooonts 97, 128
idltor's report 183,184,140
paid to state > 150
towns 169
knk Commissioners 98,122
tlknap County financial statistics 164, 165
tnjamin Thompson estate 100, 106, 116, 180
income 96,101,112
trustfund 101,108
state trust fund 99,101,108
Ind 98,120
>ardof Agriculture 96,122
Charities and corrections 99, 128
Equalization 96,128
Health 96,124
Registration, Dentistry 99,116,126
fees 96,116
mds, interest on 100, 128
redeemed lOl, 127
state 129
mndary survey, Massachusetts 100, 128
>unty on wild animals 97, 124
krroll County financial statistics 166-167
ushonhand 96, 180
laplain of prison 120
93
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l86 INDBX.
Ohftiter fees
Cheshire County flnanoial statistios
Clerk, Adjutant-Qeneral
Board of Health
Insarance department
Superintendent Pablic infltmction
Treasury department
Bank Conunissioners
Clerks, Supreme Court ,
Commissioner of Immigration
Commissioners of Lunacy
Pharmacy
Railroad
Compiling financial statistics
Contagious diseases of oatUe
Contingent fund
Conyict insane
Cotfs County financial statistics
Council, The Honorable ,
Coupons
Court, Probate
Supreme
Deaf and dumb
Debt a5, 101,
fioating
funded
reduction of
of counties
of towns, by counties
Deposits by railroad corporations for land damages
interest on 96
Deputy Secretary of State
State Treasurer
Detectives, game
Disbursements
Epidemic fund
Escheated estates
Executive department
Expenses
extraordinary
ordinary
Railroad Conmiissioners 118,
trustees library ,
Normal School
Fees, Board of Registration, Dentistry
Fees, Insurance department
Financial statistics, Belknap County
Carroll County
Cheshire County
CotfsCounty
Grafton County
HUlsborough County
Merrimack County
94
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INDEX. 187
aanoUl statistlcfl, Bookinffham Count J in-m
Strafford County 104. 165
Snlllyan County 174-175
oompiUng 96,117
sh Commlasloners 97, 121
hatching-hooBes 100,121
9k, Catharine, legacy 101
interest on 100, 128
sating debt 180
trestry Commission 99, 125
>reign Boilding & Loan Association (fees) 96
game birds 99,121
ee Pablic Libraries 96,125
md, literary 102-127,150,182-159
to towns 162-150
ind8,tnist 101-180
ime detectives 99, 121
>vemor 117
>Temor's contingent fund 96, 117
>afton County financial statistics 176-177
•anlte State Dairymen's association 96, 128
Itching-houses, fish 100, 121
uinah Dustin monument 100, 129
ilisborough County financial statistics 170-171
istoHan • 99,124
istorical Society, the New Hampshire 98, 128
>norable Council 97, 117
>rticultural Society, the New Hampshire 98, 128
iotic and f eeble>minded 08, 128
imigration Commissioner 98, 125
cidental expenses 99
crease of state library 97, 119
dependent militia 08, 126
dezing records (secretary) 99, 117
dustrial School 98,120
sane, indigent 97, 120
conviet 97,120
surance Commissioner's ofllce 118
department 118
fees 96,112
tax 96,109,145
foreign fire companies 109
life companies 106
miscellaneous companies Ill
home stock companies 112, 145
to towns 162-150
iterest 97,100,112,128
on Ag ricultural college fund 100, 128
Benjamin Thompson trust fund 100
state trust fund 100
deposits 96,101,112
isk legacy 100,128
95
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l88 INDEX.
Interest on Kimball legacy
registered bonds
state notes
teachers' instltate fund
Janitor of State House
Kimball, Jacob, legacy
interest on
Labor, Bareaa
commissioner
Land damages, deposited by railroad corporations for
Legacy, Catharine Risk
Jacob Kimball
LegriBlatnre ^
Liabilities i
Librarian, state
Library, asylom
commission
prison
state
state, trustees' expenses
License fees, fertilizers
peddlers
Foreigrn Building and Loan association
Lighting Weirs channel
Literary fund 102, 127, IW
to towns
Lunacy , Commi ssioners of
Massachusetts, boundary survey
Merrimack County financial statistics
Militia, independent
Military records, publication of
Mountain, White, roads
National Guard, the New Hampshire
New Hampshire Historical Society
Horticultural Society
reports •
Veterans' association
Non-resident savings-bank tax
Normal school
trustees' expenses
Notes, state
interest on
Ordinary expenses
Prison library
state
Prisoners' Aid association
Probate Court
Publication military records
96
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INDEX. 189
ilishing Laws — 98, 126
Iroad Commissioners 121, 190, 146
tax 96,112
to towns 127,152-150
elpts 95.108
taction of debt 96-137
Omental histories 100, 128
ort, auditors* 188,184,140
orter, state 118
enue 96
kingham County financial statistics 162-168
irles 97
5S, public property 96, 116
Ings-bank, unclaimed deposits 101, 102, 116
tax 1895 112
to towns 127,152-150
retary of State's department 117
Hers' Home ..100,107,115,126
am lake, lights and buoys 100, 129
:e House 98,99,119
librarian 119
library 119
building 100,127
increase 97. 119
trustees' expenses 99, 119
notes 116,127
notes, interest on 100, 128
reporter 118
of the treasury 180
printing .• 97
prison 120
repairs 99, 120
tax 96-162-159
imboat Inspector 126
ifTord County financial statistics 164-166
ivan County financial statistics 174-176
apee lake, lights, etc 99, 128
port of convict insane 97, 120
indigent insane 97, 120
erintendent Public Instruction 118
reme court 118
clerks 97,118
.insurance 96,111,127,146,152-159
railroad . . . .^ 96, 112, 127, 136-146, 152-169
state, 1895..* 96, 152-150
telegraph 96,112,147
telephone 96, 112, 147
savings-bank 112,127,148-149,152-150
:es levied by towns 162-179
: rate, by counties 180
chers' institute fund 101, 102, 128
intereston 100
97
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TpO INDEX.
Teachers' institate, expenses of
Telegraph tax
Telephone tax
Temporary loan
Thompson, Benjamin, estate
income of
trast
interest on state trust fund
Treasury department
Trust funds
Trust companies, tax on
Trustees Normal School expenses
State Library expenses
Unclaimed Savings-bank deposits 101
United States
Valuation of county buildings
by counties 16
War album
Warden of prison
Watchmen
Weirs channel, lighting
White Mountain roads
9S
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TWENTY-SEVENTH ANNUAL REPORT
NSURANCE COMMISSIONER
STATE OF NEW HAMPSHIRE,
1896.
CONCORD:
EDWARD N. PEARSON, PUBLIC PRINTER.
1896.
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PBINTBD BY*
BBPUBLICAN PBB88 ASSOCIATIOIT,
CONCOBD, N. H.
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TABLE OF CONTENTS.
[For Index to Companies, see end of Volome.]
PAOI
re iDsurance vii
athorized Companfes vii;
Bw Hampshire BuslDess n
own Mutuals u
yxmty Mutuals n
ish Mutuals J
X Stock Companies i
atire Business of Domestic Companies 3
>mpanies of other States and Countries i
ire Statistics x
asiness of Town Mutuals for 26 years ...... xi
Bsessment Mutuals, Business of 8 years xii
alued Policy Law xii
idelity and Casualty Insurance xv
sceipts and Expenditures xvi
rteresting Figures xvii
ife Insurance xvii
Bsessment Associations xi
svival of an Old Question xxii
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IV Table op Contents.
STATISTICAL TABLES.
New Hampshire Town Matual Fire Insurance Companies:
Table 1 — Assets, Liabilities, Surplus, Income, and Expend]
tures, with Ratio
Table 2 — Premiums, Assessments, Losses incurred ant
paid
Table 8 — Risks in force. Risks written, with cost per on
hundred dollars of Insurance
Grange and County Mutuals:
Table 4— Assets, Liabilities, Income, and Expenditures, wit!
Ratio
Table 6 — Premiums, Assessments,. Losses incurred and pai<
Table 6 — Risks in force. Risks written, with Cost per one hun
dred dollars of Insurance
Cash Mutual Fire Insurance Companies:
Table 7— Assets, Policy Stipulations, Liabilities, and Surplus
with Ratio
Table 8 — Income, Expenditures, Premiums, Losses, Expenses,
with Ratios
Table 9— Risks written. Premiums charged, Losses incurred,
Risks in force, with Ratios
Table lO^Ratio of Net Assets to Risks in force, and of Pre-
miums to Risks
Table 11 — New Hampshire Business, Risks written. Premi-
ums received, Losses incurred and paid, with Ratios .
Table 12 — Ratio of Premiums to Risks written on property in
and out of New Hampshire
New Hampshire Stock Fire Insurance Companies:
Table 18— Capital, Assets, Liabilities, Surplus, and Ratio
Table 14 — Income, Expenditures, Premiums, Losses, Expenses,
and Ratios
Table 15~Risks written. Premiums char^^ed. Losses incurred.
Risks in force. Premiums thereon, with Ratios .
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Table of Contents. v
rable 16— Ratio of Net Assets to Risks in force, and of pre-
miams charged to Risks written zlvi
rable 17— New Hampshire Business, Risks written, Premi-
ums received, Losses incurred and paid, with Ratios . XLvn
rable 18 — Ratio of premiums to Risks written on property in
New Hampshire and out of the State ...... xlviii
3ck and Mutual Fire Insurance Companies from other States
and Countries:
rable 19— Capital, Assets, Liabilities, Surplus, and Ratio xux
rable 20— Ratio of Expenditures to Income, Losses to Pre-
miums, and Expenses to Premiums and Income ... lii
rable 21— Risks in force. Risks written. Premiums received,
Losses incurred, with Ratios liv
rable 22— New Hampshire Business, Risks written. Premi-
ums received. Losses incurred and paid, with Ratios . lvi
rable 23— Detailed Statistics of Fires in New Hampshire dur-
ing the year 1895 LVIU
lelity and Casualty Coippanies from other States and Coun-
tries:
rable 24— Capital, Assets, Liabilities, Income, Expenditures,
and Expenses , . . lxiii
rable 25 — Summary of New Hampshire Business for the year
1895 Lxiv
'e Insurance Companies:
rable 26 — Capital, Income, Expenditures, with Ratio lxv
[*able 27 — Assets and Liabilities, with comparative Surplus lxvi
rable 28— Detailed Classification of Oross Assets . . lxvii
rable 29— Detailed Statement of Income for the year 1895 . lxix
i'able 30— Detailed Classification of Gross Expenditures for
the year lxx
rable 31— Summary of New Hampshire Business for the year
1896 Lxxii
sessment Life and Casualty Associations:
^able 32— Net Assets, Income, Expei^ditures, Membership
and Deaths in 1895 lxxiii
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VI Table op Contents.
Table 83— Summary of New Hampshire BuBiness for the year
1805
Fraternal and Beneficiary Associations:
Table 84 — Income, Ezpendittires, Membership, and Deaths
inl8»5
Table 85— Summary of New Hampshire Business for the year
1805
Table 36 — ^Name, Location, Organization, or Admission, and
Names of Officers of Insurance Companies doing business
in New Hampshire
Table 37— Premiums received and Taxes paid by Foreign
Insurance Companies, with date of admission to New
Hampshire
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INSURANCE COMMISSIONER
F NEW HA3IPSHIRE.
Insurance Department,
Concord, May 1, 1896.
jemor :
le Public Statutes, the twenty-seventl
ranee commissioner is herewith i*espect
•IRE insurance.
taken place in the admission and retire
er states and countries, and the incor
resurrection of those organized undei
e the publication of the last report, an
^rican Fire Insurance Company of Ne^
1895, and one domestic company, the
scontinued the transaction of businesf
her states, and two of other countries,
mducted on the stock plan, were author
i in New Hampshire within the tim<
, with the amount of capital in posses-
capital.
$702,87^
225,00C
ipany of New York, '*
200,00(
>rk.
1,000,00C
^ York,
1,000,00C
a
1
200,00C
k.
200,00C
idon, deposit capital.
200,00C
(( 4(
200,00C
$4,027,875
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VIII Report op the
One domestic company, classed as a cash mutua!
City Fire of Manchester, was incorporated by specia
legislature in 1895, and began the transaction of
May of the same year.
One town mutual of New Durham, which was inco
June 4, 1887, and whose existence, owing to the de
for the supervision of companies of this class, was i
the insurance department, was resurrected, and filed
statement for the first time in January of the present
AUTHORIZED COMPANIES.
The number of companies authorized to transact
New Hampshire at the date of writing, May 1, 1896,
ninety-one, in detail as follows :
Stock companies, domestic .
Stock companies of other states .
Stock companies of other countries
Total stock companies
Mutual companies of other states .
Mutual companies, domestic
Total authorized companies
This was a gain in number, for the year 1895, of
and seven stock companies.
The comparative condition of the stock companies f
1894 and 1895, so far as it relates to the main itei
policy-holders are concerned, is given for the informa
ties interested.
1894.
Paid-up capital . . $30,325,000.00 $34,
Gross assets . . . 153,689,081.00 164,
Liabilities . . , 86,878,157.74 90,
Surplus to policy-holders . 66,810,923.26 74,
As the figures show, the changes of the year ha
favor of those seeking insurance. The state has neve
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fCE Commissioner. ix
Bks find a ready market. As to rates,
question to be determined by the com-
MPSHIRE BUSINESS.
ssTic Companies.
►WN mutuals.
1894. 1805.
. $653,731.00 $549,582.00
received 7,105.63 8,693.87
5,874.36 7,038.05
. 2,963,275.50 2,999,892.50
HOO .... $0.27
this class confine their operations to
e located, and depend altogether upon
>sses. The business of the New Dur-
n the above figures, as well as that of
h discontinued business in December
ion to the operations of these compa-
ical Tables Nos. 1,2, and 3.
TNTY mutuals.
>uped the Grange, Merrimack County,
nutual companies.
1894. 1896.
. $2,374,202.00 $2,397,586.00
s re-
15,076.42 22,016.88
15,977.97 19,551.82
. 8,090,576.05 8,874,877.08
nOO .... $0.32
ation reference can be made to Tables
iiese companies collect in cash a small
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X Report op the
percentage of the premium notes, and when necessaiy
assessment to pay losses. The Grange Mutual collec
premium of half of one per cent, of the amount at rii
premium note of three per cent, on the same.
SEVEN CASH MUTUALS.
1894.
Risks written .
. «5,966.609.54
$7,0i
Premiums received .
78,768.65
<
Losses paid
48,873.14
i
The business of the Queen City Mutual of Manchesi
began the transaction of business in May, 1895, is in
the figures for that year. Tables 9 to 12, inclusive,
transactions in detail of the companies of this class. A
premium is collected, and, in addition, a stipulation pro'
an assessment when necessary is inseited in each policy
or twice the amount of the premium charged.
SIX STOCK COMPANIES.
1894.
3
Risks written
. $33,249,024.00
$32,81
Premiums received
393,890.24
4]
Losses paid
212,854.62
i;
Tables 13 to 18, inclusive, give the business of each
in detail. Three of this number are authorized to do
outside of the state.
ENTIRE BUSINESS OF DOMESTIC COMPANIES WITHIN THE
Risks written
Premiums received
1894.
. $42,243,566.44
494,840.94
$42,8]
Losses paid .
283,580.08
2^
NEW HAMPSHIRE BUSINESS OF COMPANIES OF OTHER ST
COUNTRIES.
Risks written
1894.
. $33,828,209.10 $41,71
Premiums received
492,936.33 5l
Losses paid
289,496.33 2^
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LANCE Commissioner. xi
isive, give in detail the transactions of
L AUTHORIZED COMPANIES WITHIN THE
STATE.
1894. 1895.
. $76,071,775.54 $90,600,753.21
987,777.27 1,098,978.07
573,076.42 489,608.23
H has been in risks written, $14,528,-
ceived, $111,200.80; and a decrease in
FIRE STATISTICS.
eived from all the towns and cities in the
hat the officers, whose duty it is to atteM
ting down to business. It is difficult to
lature which can be considered perfectly
i it relates to the value of the property
m therefor is obvious ; but, regardless of
are of value, and the method of prepara-
)orts of this depaiimeht, has received the
bional Board of Fire Underwriters, which
rce in the country to look for counsel or
f fires, as reported, were
iknown.
74
Defectiye
chimneys.
53
Exposure.
67
Inoend
30
122
60
38
38
94
47
25
20
110
63
64
33
104
72
51
31
129
75
64
33
120
76
31
25
753 446 340 210
of risks burned, with the number of total
)ther information, reference can be made
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XII
Report of the
No. of fires.
1889 336
1890 ...... 445
1891 318
1892 458
1893 414
1894 476
1895 420
Totals . . . 2,867 $5,780,040 $2,9
The comparative tabulation of the business transacted
the state by the authorized companies is continued as a ma
reference, as the information contained therein is conveni
times.
THE TOWN MUTUAL INSURANCE COMPANIES— BUSINESS OF T\
SIX YEARS.
Total loss.
Insarai
$670,807
$3
746,973
4
664,646
3
948,489
5
1,158,922
6
848,635
4
741,568
3
Years.
Amount
at risk.
Premiums
received.
Assess-
ments
made.
Losses
paid.
Expenses.
8
1870
$1,900,770
$490.02
$847.00
$835.17
$484.40
$0.
1871
2,126,612
674.23
5,014.46
4,920.29
874.82
0.
1872
2,136,460
560.46
2,216.65
2,166.00
845.28
0.
1873
2,241,627
901.42
4,381.66
3,146.25
855.51
0.
1874
2,255,247
615.22
2,015.09
683.50
944.61
0.
1875
1,187,436
624.76
2,302.44
2,233.00
658.41
0.
1876
1,952,096
615.01
799.69
1,202.20
622.68
0.
1877
2,300,104
723.96
3,251.97
5,316.59
720.57
0.
1878
2.322,837
545.18
4,620.23
7,113.16
1,295.10
0.
1879
2,207,693
602.77
8,226.01
3,237.32
919.46
0.
1880
2,088,891
558.44
5,987.96
3,686.89
964.96
0.
1881
2,306,261
1,823.83
2,114.31
2,429.28
760.56
0.
1882
2,305,472
741.10
2,863.90
1,199.70
1,034.78
0.
1883
2,207,149
798.77
1,134.23
1,041.52
910.89
0.
1884
2,226,008
620.87
1,594.13
2,120.72
762.75
0.
1885
2,261,312
660.50
2,882.38
2,722.50
581.64
0.
1886
2.609,924
1,240.74
2,372.72
2,071.98
1,493.50: 0.
1887
2,992,227
2,156.66
2,928.37
1,845.41
2,143.00 0.
1888
3,239,809
1,980.13
11,062.62
9,423.36
2,309.12, 0.
1889
3,236,566
1,534.55
5,697.90
5,708.47
1,284.991 0.
1890
3,232,458
1,683.07
5,261.81
7,688.52
1,630.33 0.
1891
3,237,343
2,202.73
4,707.45
4,677.80
2,805.44 0.
1892
3,221,214
2,004.70
7,116.21
3,027.50
1,125.611 0.
1893
3,029,879
9,530.51
3,903.27
8,007.05
1,459.80! 0.
1894
2,963,276
1,998.16
5,107.47
5,874.36
2,272.551 0.
1895
2,999,892
1,711.07
6,455.33
7,038.05
1,132.12 0.
$65,608,562
$36,898.36
$99,865.26
$99,416.59
$30,882.88
0.
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XIV
Report of the
TABLE No. 1.
Years.
Risks written.
Premiums
received.
Losses paid.
B
V
1875
$43,639,576.00
$623,696.29
$426,646.17
68.0
1876
44,214,248.00
606,295.52
424,745.68
70.0
1877
38,226,890.00
509,469.87
294,427.49
57.7
1878
38,447,894.00
458,978.31
400,355.34
87.2
1879
37,728,541.00
459,862.46
343,681.64
74.7
1880
89,947,421.00
483,299.56
279,023.88
57.7
1881
41,625,013.00
503,658.98
374,962.18
74.4
1882
48,263,719.00
590,837.66
391,067.36
66.1
1888
50,968,941.00
620,775.60
382,892.42
61.6
1884
44,724,531.00
615,273.21
308,242.10
50.0
TABLE No. 2.
1886
$47,466,434.00
$555,924.35
$112,aS0.01
20.1
1887
55,550,441.00
711,317.52
399,084.15
56,1
1888
60,810,197.00
744,613.79
269,634.66
36.2
1889
62,829,643.00
775,531.45
231,300.13
29.8
1890
75,336,186.00
941,920.84
416,320.28
44.1
1891
75,966,240.00
933,095.22
363,426.58
38.9
1892
83,561,936.00
1,021,726.01
592,638.40
58.0
1893
95,348,305.00
1,114,961.96
450,042.41
40.3
1894
76,071,775.00
987,777.27
573,076.42
58.0
1895
90,600,753.00
1,098,978.07
489,608.23
44.5
$723,541,910.00
$8,885,846.48
$8,897,161.27
43.8
A study of these figureg will be of interest. They
own story. No comments are needed. They prove cc
that neither the insured, nor the insurer, have suffered 1
first have paid no more for the protection of their prop<
the companies have been largely the gainers in increase
If it has cost more for the inspection of risks under th
money has been better invested, or has made a rich
With the same care on the part of all interested, there
reason why this most desirable situation cannot be com
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NSURANCE Commissioner. xv
ities and large towns are supplied with good
an ample supply of water.
►8 of losses paid to premiums received taken
insurance journal, cannot fail to interest
insurance, and it will be noticed, that, for
i Granite State leads the procession. The
covered in the iHgures given for New Hamp-
e Valued Policy period, ^as it begins the year
^he law :
re,
0 years,
43.5
6 years,
46.2
47.2
49.3
51.8
54.9
56.9
58.0
59.4
59.8
61.7
62.5
62.6
63.2
63.4
64.6
65.4
68.8
74.9
t the work of investigating and reporting
of fires is fairly well done, and if all this
areful inspection, moral as well as mate-
ut be satisfactory.
ill protected. There is no lack of sound
risk is not obliged to go begging. Nearly
left the state in 1885 have returned, and
and they are still coming. The domestic
the situation, have held their own re-
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XVI Report of the
markably well. The three leading stock companies ha^
considerably over one third of all the risks written in the
1895. The New Hampshire increased its capital $10C
year, and the Granite State and the Capital have kept up
record made during the years when sound insurance wa
to secure. But few complaints have been made to the i
depai'tment during the year, by either companies, agents,
holders, and the presumption is, that the relations betweei
been harmonious, — a situation which can certainly be
desirable.
FIDELITY AND CASUALTY INSURANCE.
No changes have taken place in the number of com
this class during the year, seventeen filing statements.
BUSINESS IN NEW HAMPSHIRE.
18M.
1
Risks written
'. $9,927,930.47
$12,17
Premiums received .
64,432.91
7
Losses paid .
31,611.99
2
In risks written there has been an increase of $2,246
in premiums received, $6,443.57 ; and a decrease in lot
of $11,142.30.
The new blank on which to file the annual statement,
by the Insurance Commissioners' Convention of 1894, fc
of companies of this class, was put in use by this depart)
year for the first time. The business transactions, whic
accident, burglary, employer's liability, fidelity, plate-glai
boiler, surety, and title insurance, are classified, each ki
entered under its proper head.
Heretofore the fire blank has been used. The new
great improvement, and has been adopted by nearly all t
ance departments.
" The New England Burglary Insurance Company," oi
the first of the kind incorporated in this country, was li<
do business in this state on January 1 of the present yeai
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NSURANCE Commissioner. xvii
erred to for full information relating to these
CEIPTS AND EXPENDITURES.
e state from the authorized insurance eom>
ns, for the year ending March 31, 1896, and
tie year ending May 31, 1895, were as follows :
RECEIPTS.
gs $8,127.40
•emiums .... 18,726.11
$26,858.51
stock, domestic companies . 12,750.00
$39,603.51
EXPENDITURES.
ler $2,000.00
1,000.00
1,497.32
es, express, telegrams, etc. 557.00
392.39
500.00
46.53
res $5,993.24
tie previous year in receipts of $5,333.14
uresof .... 217.77
>me for the year . . $5,550.91
insurance depaitment ends on March
treasurer ends on May 31, which
in dates.
5ted by the legislature of 1895 which
issioner to collect the same fees and
tier states and countries doing busi-
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xviii Report of the
neBs in New Hampshire, as were collected of New H
•companies by the laws of the said states and countries.
The effect of this law hardly comes up to the expec
its framers, as it does not reach any of the foreign co
and but very few of the companies of other states. The
in income to the state, for the year, from this source
$2,287.36. About one half of this amount was paid by
fire insurance companies, and the balance by three life i
•companies. The greater part of the increase, amount
little over three thousand dollars, is derived from the 1(
increase of business.
INTERESTING FIGURES.
The entire amount paid in premiums, or assessmc
insurance on property, or lives, in the state during the 3
the amount received, in turn, for losses and claims, was as
<^ompanies.
PremlaiDs and assess-
ments received .
Losses
P
Fire
$1,098,978.07
$48
€asualty
70,876.48
2
Life
968,854.60
43
Assessment associations
51,074.59
5
Fraternal associations
326,072.29
$2,515,856.03
28
$1,28
LIFE INSURANCE.
No change has taken place in this department of ii
since the publication of the last report. Twenty-two cc
are authorized to transact business in New Hampshire,
have filed statements for the year ending December 31, 1
NEW HAMPSHIRE BUSINESS.
Number of policies issued
Amount of the same .
Policies in force December 3 1
Amount of the same .
Amount of pi-emiums received
Losses and claims paid
1894.
2,514
$3,945,677.00
$3,71
14,606
$24,800,011.00
$26,36
884,442.00
96
371,806.00
43
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Insurance Commissioner. xix
There has been a gain in every item but one in the year's busi-
3 situation during that period, must be
bit. There are several reasons which
ow why life insurance has not made
the rage for speculative investments,
for the past five years in New Hamp-
Burance companies have felt its baleful
to the extent of those who have been
r in them. People are, as a rule, sup-
m experience, but latterly the rule is
surd the scheme, the more eager the
)mpanie8 authorized to do business in
er 31, 1895, amounted to $1,054,661,-
and fifty-five millions of dollars. As
mounts to but little less than fiv6 mil-
is immense sum belongs to the policy-
the amount of the premium reserve,
ive, give the entire business of these
iss has received more attention during
superintendents of insurance than any
commissioners of 1895 adopted a new
use this year by nearly all of the
every item under its proper head, and
een a great improvement as well as in
has had the effect of rendering the
, and, in consequence, more satisfac-
;le, if any, opposition made against
gers of the larger companies ; on the
ave, in many ways, aided in bringing
3y desei-ve, and do no doubt i*eceive,
credit that is justly their due.
1 the part of this department, to ask,
statements, anything that is needless
r required in making them up ; conse-
Ls made to omit the ^^ Gain and loss
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XX Report of the
exhibit," called for in the new blank, on the groimd th
create additional and unnecessary labor, it was cheerful
as there was no good reason suggesting itself for a refu
There has been no friction during the year save an
complaint of a violation of the law against rebating,
instance was there, in the opinion of the attomey-gei
cient evidence furnished to warrant a prosecution.
The appointment, by the insurance companies, of a c
to look after the enforcement of this law, has already I
and it is hoped that this will eventually effect a refoi
is considered one of the evils accompanying the soli
life insurance.
Assessment Associations.
LIFE.
A special law, providing for the admission of a
organized under the laws of other states and conduct
assessment plan, was enacted by the legislature of 181
panics of this class doing a life business are obliged
invested assets to the amount of one hundred thousai
and those transacting casualty business, fifty thousai
Both classes are subject to the same fees and taxes a
by the insurance companies of other states and coun
once admitted, are obliged to comply with the requii
chapter 169 of the Public Statutes, relating to ''Fore
ance Companies and their Agents."
Seven life associations of this kind were licensed,
filed statements for the year past. They were the —
Hartford Life & Annuity Insurance Company, Com
Massachusetts Benefit Life Association, Masc
Mutual Reserve Fund Life Association, New
National Life Association, Conn
Northwestern Masonic Aid Association, Illim
Security Mutual Life Association, New
JDigitized by VjOOQIC
Insurance Commissioner. xxi
business in new hampshire.
1,075
. . . . $2,520,750.00
49,955.09
54,286.00
low a recognized factor in the busi-
ace, and should confine itself to it.
)etween assessment associations and
The methods of the two are entirely
y in this state for any agent of the
the latter, while it is illegal to do it
r the reason that inquiries have been
le seeking insurance, as to whether
t company was the same as an old
as agents soliciting insurance had
policy of a life insurance company,
rnal association, and if legislation
is likely, to print ''Assessment pre-
aud literature, the question will be
ctorily.
«T Associations.
ASUALTY.
Dn of this class is authorized to do
the New England Mutual Accident
Dse transactions during the year
83
. $463,550.00
1,119.50
nil
business of these associations.
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XXII Report op the
FRATERNAL BENEFICIARY ASSOCIATIONS.
AssociatioDB of this class, paying sick, accident, i
benefits, had been doing business in New Hampshii-e
supervision up to 1891, when the rise of the endowm«
placed all companies paying benefits of any kind unde
trol of the insurance commissioner.
This was done, not for the purpose of placing additi
dens on the organizations that were fraternal in spirit i
in name, but to enable the commissioner to discriminate
them and those of a speculative nature. What was do
time is now a matter of history, and mention is made m
connection between now and then.
The legislature of 1895 enacted a law defining an a
of this nature as "A corporation, society, or voluntary
tion founded, or organized and earned on for the sole
its members and beneficiaries, and not for profit," and
ciations of this class already doing business, or thereaft
ized to do business in the state, were to be subject to tt
ments of this act. Twenty-nine associations of this 1
licensed to work in New Hampshire, have filed stateme
business transacted for the year ending December i
This is a gain of three since the year before. But o
number is organized under the laws of this state ; one
Dominion of Canada, and the balance from other states
the requirements of this law is, that each association &
a lodge system; and another is, that no paid agent
allowed except in the organization of lodges. One of tl
whose statement was filed with the othere mentioned
The United States Benevolent Society, of Saginaw, I
having complied with the above requirements, did i
the renewal of its license ; and the financial condition o:
The Equitable Aid Union, of Columbus, Pa., was suet
authority to continue the transaction of business was r(
April 1, 1896.
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JOMUiSdtONER.
XXIII
ITRR BUSINESS.
Dec. 31, 1895
16,479
DtS .
$326,072.29
. .
177
•
$285,131.25
BUSINESS.
associations,
within and without
t95 .
857,031
nts .
. $18,953,848.25
.
9,772
.
. $17,799,447.65
assessments the sum of nearly
lars was received, and the aggre-
id of the year was thirty-five hun-
t was $1,399,119.59, which was
ne, and speaks well for the asso-
itemity really means something
sntioning at this particular time,
I of the revived endowment ordere
do business as a fraternal benefi-
siness in detail.
were admitted since January 1 :
of Maryland, Masonic Protective
ective Association, and the Odd
ciation, of Massachusetts.
N OLD QUESTION.
beneficiary associations, mentioned
f its passage, criticised to some
aimed that it was designed to pro-
lass of companies whose methods
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XXIV Report op the
were anything but fraternal, and that in their interests mainly
was the bill framed. Be that as it may, however, the sequel
proved that there was some truth to the statement, for in a little
more than a month from its enactment, early in June, 1895, the
new Iron Hall, of Baltimore, applied for authority to transact
business, claiming, through its counsel, that it could comply with
all the requirements of the law ; that it was founded on the lodge
plan, was in possession of a ritual, had a representative form of
government, and that the pension and matured life payments, as
their endowments were styled, were in accord with the act which
authorized fraternal associations to make provision, in addition
to the payment of benefits specifically prescribed, to pay " such
benefit as provided by and subject to their compliance with its
constitution and laws." By mutual agreement, the papers were
referred to the attorney-general. Nothing was, however, done
about it until March 26, 1896, when a hearing was held before
the attorney-general and the insurance commissioner, in the oflice
of the latter, at Concord. The result of this was that the insur-
ance commissioner applied formally to the attorney-general for a
written opinion, in the following form :
Insubancb Department,
GoNGOBD, March 26, 1896.
Hon. E, O, Eastman , Attorney -General, Exeter , N. H,:
Dbab Sir : — The Supreme Commandery Iron Hall of Baltimore
City, of the city of Baltimore, in the state of Maryland, through
its attorney, Hon. Thomas Leavitt, of Exeter, has applied for
authority to do business in New Hampshire, under the provisions
of chapter 86, Laws of 1895, entitled **An act regulating fraternal
beneficiary societies," and base their right to admission on the
first section of said act. As this is a question of law, I respectfully
submit it to you for an opinion. The association belongs to a class
of what are termed "Long term endowment orders." An early
reply will greatly oblige
Tours respectfully,
JOHK C. LiNEHAN,
Insurance Commissioner,
The response was prompt, as the reply came two days later
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Insurance Commissioner. xxv
Attornet-Gbnbral's Office,
March 30, 1896.
on, John C. Linehan^ Insurance Commissioner :
Dear Sir : — Tour letter of the 26th inst. received. Ton ask
lether or not, as a matter of law, the Iron Hall of Baltimore City
entitled to do business in this state, under the provisions of
apter 86, of the Laws of 1895. If it is such an association as is
iscribed in section 4 of the law. above referred to, it is the duty of
e commissioner to give them a license to do business here, upon
mpliance by them with the provisions of sections 3 and 4 of the
Dresaid act.
Respectfully yours,
Edwin G. Eastman.
This threw the I'esponsibility of deciding the question as to
lether or not the Iron Hall was a fraternal beneficiary associa-
m in the sense the law implied, upon the insurance commis-
>ner. What his opinion was of associations like this is too
sll known to require repetition. The question as to what con-
Ltuted a fraternal beneficiary association was submitted to him
' chapter 86, Laws of 1891, known as the *' Barber Law," a
^ntb after its passage. A long and a painstaking investigation
18 made at the time, with the result that every organization
Lying sick, accident, or death benefits, or all three, and whose
um to be considered fraternal beneficiary associations had
ver been questioned, was licensed to do business in the state,
id every one of the endowment orders, as they were then styled,
918 refused license.
It is five years since the decision was made. It was endorsed
the time by the people of New Hampshire, and the press, with
few exceptions, approved of it. Two sessions of the legisla-
re have been held since then, and not a word has ever been
id, or a measure proposed openly to reverse it. Twenty-nine
atemal associations authorized to transact business in this state
kid last year for benefits nearly eighteen millions of dollars, and
this immense sum not one copper was paid for any save sick,
cident, or death benefits, and the great bulk of it for the latter.
The statement of the Iron Hall for the year ending December
[, 1895, filed in this office with its application for admission,
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xxYi Report of the Insurance Commissioner.
shows that out of a total sum of $204,342.86 paid for '« sick,
death, and final payments," but $24,181.73 was paid for sick and
death benefits, while the balance, amounting to $180,261.13 was
paid for final *^ payments," as their pensions or endowments are
styled.
The real fraternal orders, like those at work in New Hampshire
during the past five years, have time and again repudiated any
connection with oi^anizations like the Iron Hall. The Fraternal
Congress, composed of representatives of the great death benefit
orders, have most emphatically refused all afllliations with them.
The grand lodge of the Ancient Order United Workmen, during
its annual convention held in Buffalo, N. Y., endorsed the action
of the congress, and adopted the following resolution :
'' We, the Grand Lodge of the state of New York, A. O. of
U. W., in annual session assembled, do hereby endorse and ap-
prove the constitution and laws of the Fraternal Congress, and its
i-efusal to admit into the fraternal beneficiary society as members
thereof, all endowment societies, and we also endorse the reports
of the commissioners, which excluded fi*om the articles of the in-
surance code relating to the fraternal beneficiary societies, the en-
dowment societies which seek admission thereto.".
The law under which the Iron Hall claims admission requires
the business of the association to be carried on for the sole bene-
fit of their members and beneficiaries, and not for profit. The reo-
oi-d of the Iron Hall, and of all kindred associations, proves the
contraiy, for they have been operated for the benefit of the ofln.
cers and agents, and not for the members or beneficiaries.
The opinion of the insurance commissioner, formed five years
ago on this subject, remains unchanged. No decision has been
made at the date of writing, as all of the papera called for have
not been filed, but so much publicity has been given to the ques-
tion as to the right of admission of the orders of this class, that,
in the interest of the authorized fraternal beneficiary associations,
as well as the public generally, this much has been said on the
subject.
JOHN C. LINEHAN,
Insurance Commissioner,
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$741,668.00
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lW HAMPSHIRE
TOWN MUTUAL
SURANCE COMPANIES.
ruAL Reports, with Detailed Statements
AND Liabilities, for the Year ending
December 31, 1895.
charge no cash premiums, but rely entirely upon
It notes to pay losses and running expenses. The
Mutuals is generally confined to the limits of the
ire upon dwellings, farm buildings, and their con-
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2 New Hampshibe Town Mutual [Dec. 81,
BARNSTEAD MUTUAL FIRE INSURANCE COMPANY
RuFUS S. Fobs, President. Ohables E. Walkjcb, Seertimy.
ASSETS, DEC. 31, 1805.
Cash in company's office 10.31
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $52.97
EXPENDITURES.
Paid for salaries and fees of officers and employes $30.00
incidental expenses 27.25
filing annual statement 5.00
Gross cash expenditures $02.25
GENERAL ITEMS.
AmouiU, Prem. Noie$.
Risks outstanding December 31, 1804 $131,803.00 $7,010.5$
Risks written during the year 16,650.00 009.00
Total $148,453.00 $8,009.58
Risks terminated during the year 15,050.00 057.00
Amount in force December 81, 1805 $182,503.00 $7,052.53
Date of last assessment, Dec. 17, 1802. Amount collected. . . 1,180.04
Largest sum insured in a single risk 1,500.00
Rates charged for insurance :
Premium note, six per cent, of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, one dollar.
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1895.]
FiR£ Insurance Companies.
BEDFORD MUTUAL FIRE INSURANCE COMPANY.
Hbitby L. Psaslbb, PreMdent Silas A. RrnDLB, Secretary,
ASSETS, DBC. 31, 1896.
Cash in company's o£Blce $15.74
Cash deposited in banks 209.80
Gross assets $225.04
LIABILITIES.
Due officers for services and expenses $10.00
INCOME.
Keceived from premiums and policy fees $46.77
interest from all sources 5.78
Gross cash income $52.55
EXPENDITURES.
Paid for return premiums $12.44
salaries and fees of officers and employes 10.00
filing statement 5.00
Gross cash expenditures $27.44
GENERAL ITEMS.
Amount, Prem, Notea.
Risks outstanding December 31, 1894 $85,700.00 $9,803.00
Risks written during the year 11,850.00 ' 1,402.50
Total $97,550.00 $11,205.50
Risks terminated during the year 14,925.00 1,558.00
Amount in force December 31, 1895 $82,625.00 $9,647.50
Date of last assessment, Aug. 14, 1893. Amount collected. . . 1,097.70
Largest sum insured in a single risk 2,000.00
Rates charged for insurance:
Premium note, ten to twelve per cent, of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, twenty-five cents.
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New Hakpshibe Town Mutual
[Dec. 31,
BOW MUTUAL FIRE INSURANCE COMPANY.
Jambs Obafton, President Lewis Page, Secretary.
ASSETS, DEC. 31, 1896.
Cash in company's office $31.00
LIABILITIES.
None.
INCOME.
Receiyed from premiums and policy fees $28.97
all other sources 1.50
Gross cash income $30.47
EXPENDITURES.
Paid for salaries and fees of officers and employes $0.60
incidental expenses 1.87
filing statement 5.00
Gross cash expenditures $12.87
GENERAL ITEMS.
Amount, JVem.JTolei-
Risks outstanding December 31, 1894. $76,419.50 $3,820.97
Risks written during the year 15,982.00 799.10
Total $92, 40 1 . 50 $4,62aff7
Risks terminated during the year 11,897.00 SH.^
Amount in force December 31, 1896 $80,504.50 $4,025.23
Date of last assessment, Sept. 1, 1893. Amount collected . . . 249.29
Largest sum insured in a single risk 1,500.00
Rates charged for insurance:
Premium note, five per cent, of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, twenty-five cents.
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1895.]
Fire Insurance Companies.
CANDIA MUTUAL FIRE INSURANCE COMPANY.
[RA P. Godfrey, PreHdent, Hoses F. Emerson, Secretary,
ASSETS, DEC. 31, 1806.
Dash deposited in banks $73.64
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees (81.96
assessments on premium notes 290.83
interest from all sources 4.00
Gross cash income $385.70
EXPENDITURES.
Paid for losses during the year $337.26
for adjusting losses 18.00
collecting assessments 6.00
salaries and fees of officers and employes 15.26
borrowed money and interest 8.75
incidental expenses 16.00
filing statement 5.00
Gross cash expenditures $402.15
GENERAL ITEMS. ""^^^^
Amount. Frem. Note*,
Risks outstanding December 31, 1804 $08,480.00 $5,091.45
Risks written during the year 11,065.00 747.40
Total $104,545.00 $6,738.85
Risks terminated during the year 10,125.00 690.75
Amount in force December 31, 1895 $94,420.00 $6,048.10
Losses incurred dudng the year. 337.25
Assessments laid on premium notes 299.83
Date of last assessment, August, 1895. Amount collected. . . 299.88
Largest sum insured in a single risk 2,000.00
Rates charged for insurance:
Premium note, six to eight per cent, of amount insured.
Cash premium, two per cent, of premium note.
Policy fee, fifty cents.
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6 New Hampshibb Town Mutual
CANTERBURY MUTUAL FIRE INSURANCE COMPANY.
Mtbov 0. F08TBB, PreHdetU, Joseph G. Glough, Secretanf'
ASSETS, DEO. 81, 1896.
Cash in company's o£Bloe $0.49
Unpaid assessments on premium notes 21.80
All other assets 27.W
Gross assets $55.85
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $34.74
assessments on premium notes 060.03
all other sources 12.80
Gross cash income $097.57
EXPENDITURES.
Paid for losses during the year $872.00
collecting assessments 15.96
salaries and fees of officers and employes 17.50
making assessments 4.00
borrowed money and interest. 73.80
incidental expenses 2.88
filing statement 5.00
Gross cash expenditures $09L08
GENERAL ITEMS.
Amount. Rrmn, Notn.
Risks outstanding December 31, 1894 $141,548.00 $8,317.81
Risks written during the year 25,525.00 1,489.87
Total $167,073.00 $9,767.68
Risks terminated during the year 26,290.00 1,472.19
Amount in force December 31, 1896 $140,783.00 $8,285^49
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1895.] Fire Insurancb Companies. 7
Losses incurred during the year $872.00
Assessments laid on premium notes 914.88
Date of last assessment, March, 1886. Amount collected. . . . 890.88
Largest sum in a single risk 2,000.00
Rates charged for insurance:
Premium note, five to six per cent, of amount insured.
Cash premium, two per cent, of premium note.
Policy fee, fifty cents.
FARMERS' MUTUAL FffiE INSURANCE COMPANY.
FRANKLIN.
HxNBT A. Wethouth, PreHdent. Charles N. Emerson, Secretary,
ASSETS, DEC. 31, 1896.
Unpaid assessments on premium notes $616.46
LIABILITIES.
Losses adjusted and unpaid $626.00
INCOME.
Receiyed from assessments on premium notes $76.14
EXPENDITURES.
Paid for incidental expenses $3.96
filing statement 5.00
Gross cash expenditures $8.96
GENERAL ITEMS.
Amount. Prem. Note9.
Risks outstanding December 31, 1894 $59,464.00 $1,189.08
Risks terminated during the year 6,406.00 128.10
Amount in force December 31, 1895 $63,049.60 $1,060.98
Date of last assessment. May 11, 1894. Amount collected. . . 76.14
Largest sum insured in a single risk 1,600.00
Rates charged for insurance:
Premium note, two per cent, of amount insured.
Cash premium, one half of one per cent, of premium note.
Policy fee, fifty cents.
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8 New Hamp8hire Town Mutual [Dec. 81,
HOLLIS MUTUAL FIRE INSURANCE COMPANY.
Edwabd Habdt, President. Chables B. Rechabdbov, Secretary.
ASSETS, DEC. 81, 1895.
Cash in company's office $8.86
Cash deposited in banks 188.54
Interest due and accrued 4.51
Gross assets $144.91
LIABILITIES.
Due officers for services and expenses $16.00
INCOME.
Received from premiums and policy fees $85.21
EXPENDITURES.
Paid for salaries and fees of officers and employes $16.00
incidental expenses 7.85
filing statement 5.00
Gross cash expenditures $28.85
GENERAL ITEMS.
Amount, Prem. Noiei.
Risks outstanding Dec. 81, 1894 $218,770.00 $12,954.50
Risks written during the year 81,825.00 1,919.50
Total $245,095.00 $14,874.00
Risks terminated during the year 80,050.00 1,803.00
Amount in force Dec. 81, 1895 $215,045.00 $18,071.00
Date of last assessment, July, 1892. Amount collected 2,630.54
Largest sum insured in a single risk 2,000.00
Rates charged for insurance:
Premium note, six to ten per cent, of amount insured.
Cash premium, one per cent, of premium note.
Policy fee, fifty cents.
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895.]
Fire Insurance Companies.
LOUDON MUTUAL FIRE INSURANCE COMPANY.
L H. Robinson, President. Lucbatus M. Sanborn, Secretary^
ASSETS, DEC. 81, 1805.
lash in company's office $58.96
lash deposited in banks 9.16
Gross assets $63.14
LIABILITIES.
None.
INCOME.
Leceived from premiums and policy fees $21.96
EXPENDITURES.
'aid for salaries and fees of officers and employes $20.50
incidental expenses 48.00
filing statement 6.00
$78.50
GENERAL ITEMS.
Amount. Prem. Note*,
Lisks outstanding Dec. 81, 1894 $88,860.00 $4,084.64
Lisks written during the year 18,600.00 911.40
ToUl $101,960.00 $4,996.04
tisks terminated during the year 12,200.00 597.80
Amount in force Dec. 81, 1895 $89,760.00 $4,898.24
)ate of last assessment, July 9, 1888. Amount collected .... 271.17
jargest sum insured in a single risk 2,000.00
tates cliarged for insurance :
Premium note, five per cent, of amount insured.
Cash premium, two per cent, of premium note.
Policy fee, fifty cents.
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10
New Hampshibe Town Mutual [Dec. 31,
LYNDEBOROUGH MUTUAL FIRE INSURANCE
COMPANY.
Nathaiobl T. McIntibb, President. Johh H. Gooduch, Secretary.
ASSETS, DEC. 81, 1895.
Cash deposited in banks $179.00
LIABILITIES.
Due officers for services and expenses $35.50
INCOME.
ReceiTed from assessments on premium notes $873.06
EXPENDITURES.
Paid for losses during the year $900.00
filing statement 5.00
Gross cash expenditures $905.00
GENERAL ITEMS.
Amount, Rrem, NcUt.
Risks outstanding Dec. 31, 1894 $128,345.00 $7,700.70
Risks written during the year 21,100.00 1,269.60
Total $149,505.00 $8,970.80
Risks terminated during the year 22,515.00 1,860.90
Amount in force Dec. 31, 1895 $126,990.00 $7,619.40
Losses incurred during the year. 900.00
Assessments laid on premium notes 888.90
Date of last assessment, Aug. 27, 1895. Amount collected. .. 873.06
Largest sum insured in a single risk 2,000.00
Rates charged for insurance:
Premium note, six per cent, of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, twenty-five cents.
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1895.] Fire Insurance Companies. 11
MILFORD MUTUAL FIRE INSURANCE COMPANY.
B. F. HuTCHursoN, Pretident. F. W. Richardson, Secretary.
ASSETS, DEC. 31, 1895.
Cash in company's office $153.72
Gash deposited in banks 1,980.57
Gross assets. $2,134.29
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $179.37
EXPENDITURES.
Paid for losses during the year $453.00
return premiums 10.00
incidental expenses 4.25
filing statement 5.00
Gross cash expenditures $472.25
GENERAL ITEMS.
Amount, Prem. Noteg.
Risks outstanding December 31, 1894 $171,680.00 $17,176.50
Risks written during the year 34,275.00 3,427.50
Total $205,955.00 $20,604.00
Risks terminated during the year 23,000.00 2,300.00
Amount in force December 31, 1895 $182,955.00 $18,304.00
Losses incurred during the year 458.00
Largest sum insured in a single risk 2,000.00
Rates charged for insurance:
Premium note, ten per cent, of amount insured.
Cash premium, five per cent, of premium note.
Policy fee, seventy-five cents.
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12
New HAifPSHntB Town Mutual
[Dec. 81,
NEW DURHAM MUTUAL FIRE INSURANCE COMPANY.
HoBATio G. Ghahbsblin, President. Ebsv £. Bkrrt, Secretary.
ASSETS, DEC. 31, 1805.
Cash in company's office $48.81
Cash deposited in banks 100.00
Unpaid assessments on premium notes 274.70
Gross assets $428.51
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $27.08
assessments on premium notes 274.70
Gross cash income $301.73
EXPENDITURES.
Paid for losses during the year $260.00
collectang assessments 17.00
return premiums 7.48
salaries and fees of officers and employes 15.00
incidental expenses 2.75
Gross cash expenditures $202.28
GENERAL ITEMS.
Amount. Prent. JVo<M.
Risks outstanding December 31, 1804 $70,825.00 $4,219.50
Risks written during the year 8,350.00 501.00
Total $78,675.00 $4,720.60
Risks terminated during the year 13,875.00 882.60
Amount in force December 31, 1806 $04,800.00 $3,888.00
Date of last assessment, Dec. 26, 1894. Amount collected. . . 274.70
Largest sum insured in a single risk 1,500.00
Rates charged for insurance:
Premium note, six per cent of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, fifty cents.
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1895.] Fire Ihsubange Companies. 13
[^ORTHWOOD MUTUAL FIRE INSURANCE COMPANY.
IfosKS G. Jambs, PreHdent. ' Samuel S. James, 8€cretary.
ASSETS, DEC. 81, 1806.
Dash in company^s office $0.27
Dash in hands of agents, reported 18.55
Gross assets $18.82
LIABILITIES.
[)ue for borrowed money and interest $100.00
Due officers for services and expenses 5.00
Gross liabiUties $105.00
INCOME,
leceived from premiums and policy fees $02.67
EXPENDITURES.
^aid for losses during the year. $25.00
salaries and fees of officers and employ^ 84.25
filing statement 5.00
Gross cash expenditures $114.25
GENERAT. ITEMS.
Amount. Prem, Notet,
Usks outstanding December 31, 1804 $204,800.00 $15,556.40
Usks written during the year 44,285.00 2,805.75
Total $838,675.00 $17,862.15
iisks terminated during the year 54,465.00 2,881.75
Amount in force December 81, 1805 $284,210.00 $14,080.40
jOsses incurred during the year 25.00
>ate of last assessment, April 2, 1804. Amount collected. . . . 1,822.71
jargest sum insured in a single risk 2,000.00
tates charged for insurance :
Premium note, five per cent, of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, fifty cents.
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14
New Hamfshibe Town Mutual
[Dec. 81,
ORFORD MUTUAL FIRE INSURANCE COMPANY.
JOHH BiCKFOBD, PreMctU. BsNJAMiH F. Tbubbkll, SecreUary.
ASSETS, DEC. 31, 1805.
Cash in company^s office $8.75
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $81.16
assessments on premium notes 125.00
Gross cash income $15^16
EXPENDITURES.
Paid for losses during the year $125.00
collecting assessments 2.00
salaries and fees of officers and employes 31.00
making assessments 2.00
incidental expenses 2.56
filing statement 5.00
Gross cash expenditures $167.56
GENERAL ITEMS.
Amount, Prem. Noie$.
Risks outstanding Dec. 81, 1894 $116,185.00 $6,188.60
Risks written during the year 14,550.00 747.50
Total $180,685.00 $6,881.00
Risks terminated during the year 9,560.00 478.00
Amount in force Dec. 31, 1895 $121,125.00 $6,408.00
Losses incurred during the year 125.00
Assessments laid on premium notes 125.00
Date of last assessment, Oct 5, 1895. Amount collected 125.00
Largest sum insured in a single risk 2,000.00
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1895.] Fire Insurance Companies. 15
Rates charged for insurance:
Premiam note, five to six per cent of amount insured.
Gash premium, three per cent, of premium note.
Policy fee, fifty cents.
PIERMONT MUTUAL FIRE INSURANCE COMPANY.
H. H. Palhbb, President. Aabon Babton, Secretary,
ASSETS, DEC. 31, 1805.
Cash in company's office $78.05
Unpaid assessments on premium notes 860.25
Gross assets $488.80
«
LIABILITIES.
Losses reported, not adjusted (estimated) $415.00
INCOME.
ReceiTod from premium and policy fees $112.88
assessments on premium notes 889.91
Gross cash income $1,002.74
EXPENDITURES.
Paid for losses during the year $867.00
adjusting losses 5.00
collecting assessments 10.00
commissions 5.50
return premiums 6.82
salaries and fees of officers and employes 98.00
filing statement 5.00
Gross cash expenditures $991.82
GENERAL ITEMS.
Amount, Prem. Notes,
Risks outstanding Dec. 81, 1894 $187,115.00 $9,505.74
Risks written during the year 44,785.00 2,908.11
Total $181,900.00 $12,408.85
Risks terminated during the year 49,260.00 8,229.82
Amount in force Dec. 81, 1895 $182,640.00 $9,179.58
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16 New Hampshire Town Mutual [Dec. 31,
Losses incurred during the year. $1,367.00
Assessments laid on premium notes 1,227.25
Date of last assessment, Dec. 18, 1895. Amount collected. . . 807.00
Largest sum insured in a single risk 2,500.00
Rates charged for insurance:
Premium note, five to twenty per cent of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, fifty cents.
SANBORNTON MUTUAL FIRE INSURANCE COMPANY.
Jonathan M. Tatlob, Pretident Hsbbebt J. L. Bodwsll, Secretaiy.
ASSETS, DEC. 31, 1806.
Cash in company's office $195.02
Cash deposited in banks 1,079.51
Interest due and accrued 8S.54
Gross assets $1,906.07
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $131.02
interest from all sources 38.54
Gross cash income $165.16
EXPENDITURES.
Paid for return premiums $26.62
salaries and fees of officers and employes 19.75
incidental expenses .75
filing statement. 5.00
Gross cash expenditures $52.12
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1895.] Fire Insurance Companies. 17
GENERAL ITEMS.
Amount. Prem, NoteB.
Risks outstanding Dec. 31, 1894 $140,649.00 $7,082.45
Risks written during the year 24,175.00 1,208.75
Total $164,824.00 $8,241.20
Risks terminated during the year 80,105.00 1,505.25
Amount in force Dec. 81, 1895 $134,719.00 $6,735.95
Largest sum insured in a single risk. 2,500.00
Rates charged for insurance:
Premium note, five per cent, of amount insured.
Cash premium, one half of one per cent, of premium note.
Policy fee, twenty-five cents.
STRAFFORD MUTUAL FIRE INSURANCE COMPANY.
Mark F. Fobs, President. George F. Johhbon, Secretary,
ASSETS, DEC. 31, 1896.
Cash in company's office $71.01
Cash deposited in banks 100.00
Gross assets $171.01
LIABILITIES.
Losses adjusted and unpaid $18.00
INCOME.
Received from premiums and policy fees $45.03
EXPENDITURES.
Paid for return premiums $3.81
salaries and fees of officers and employes 16.00
filing statement 6.00
Gross cash expenditures $24.81
2
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18 New Hampshire Town Mutual [Dec. 81,
GENERAL ITEMS.
Amount, Prem.NatM.
Risks outstanding December 31, 1894 $136,507.00 $7,950.02
Risks written during the year 18,915.00 1,088.00
Total $155,482.00 $8,902.02
Risks terminated during tlie year 11,115.00 657.00
Amount in force December 31, 1805 $144,367.00 $8,835.02
Date of last assessment, Sept. 14, 1898. Amount collected. . . 340.30
Largest sum insured in a single risk 2,000.00
Rates cliarged for insurance:
Premium note, five to ten per cent, of amount insured.
Cash premium, three per cent of premium note.
Policy fee, fifty cents.
SUNAPEE MUTUAL FIRE INSURANCE COMPANY.
Charles A. Knowlton, Pretident, Ebastub K Botce, Secretary.
ASSETS, DEC. 31, 1895.
Cash in company's office $680.54
Cash in the hands of agents, reported 115.60
Gross assets $746.14
LIABILITIES.
None.
INCOME.
ReceiTed from premiums and policy fees $612.00
all other sources 88.06
Gross cash income $54&06
EXPENDITURES.
Paid for return premiums $0.35
salaries and fees of officers and employ^ 51.50
incidental expenses 1.00
filing statement 5.00
Gross cash expenditures $66.85
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1895.] FiRB Insurance Companies. 19
GENERAL ITEMS.
Amount. Prem, Note*,
Risks outstanding December 31, 1894 $160,850.00 $8,581.88
Risks written during the year 08,680.00 4,605.50
Total $229,530.00 $13,187.83
Risks terminated during the year 57,780.00 3,895.50
Amount in force December 81, 1895 $171,750.00 $9,291.83
Largest sum insured in a single risk 1,600.00
Rates charged for insurance :
Premium note, one and one third to thirteen per cent, of amount in-
sured.
Cash premium, one sixth to one and one third per cent, of amount in-
sured.
Policy fee, one dollar.
SUTTON MUTUAL FIRE INSURANCE COMPANY.
Edwin B. Leab, President. Daniel L. Powers, Secretary.
ASSETS, DEC. 31, 1895.
Cash in company's office $35.68
All other assets 9.14
Gross assets $44.77
LIABILITIES.
None.
INCOME.
ReceiTod from premiums and policy fees $48.66
EXPENDITURES.
Paid for return premiums $1.50
salaries and fees of officers and employes 24.00
incidental expenses .50
filing statement 5.00
Gross cash expenditures $81.00
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20 New Hampshire Town Mutual [Dec. 81,
GENERAL ITEMS.
Amount. Ptem. Nolea.
Risks outstanding December 31, 1804 $94,180.00 $9,071.75
Risks written during the year 19,480.00 1,966.15
Total $118,560.00 $11,067.90
Risks terminated during the year 19,020.00 1,828.60
Amount in force December 31, 1895 $94,540.00 $9,229.30
Largest sum insured in a single risk 1,600.00
Rates charged for insurance:
Premium note, three to fifteen per cent, of amount insured.
Cash premium, one and one half per cent, of premium note.
Policy fee, fifty cents.
TILTON AND NORTHFIELD MUTUAL FIRE INSURANCE
COMPANY.
W. Smith Hill, PreMent Gbobob S. Philbbick, SeereUuy-
ASSETS, DEC. 81, 1805.
Cash deposited in banks $812.49
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $60.87
interest from all sources 24.65
Gross cash income $85.52
EXPENDITURES.
Paid for salaries and fees of officers and employes $2.25
incidental expenses 7.50
filing statement 5.00
Gross cash expenditures $14.75
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1895.] Fire Insurance Companies. 21
GENERAL ITEMS.
Amount. Prem. Note;
Risks outotanding Dec. 31, 1894 $102,275.00 $5,118.75
Risks written during tlie year 11,725.00 586.25
Total $114,000.00 $5,700.00
Risks terminated during the year 7,375.00 368.75
Amount in force Dec. 31, 1895. . . . .^ $106,625.00 $5,331.25
Largest sum insured in a single risk 2,000.00
Rates charged for insurance :
Premium note, five per cent, of amount insured.
Cash premium, one half of one per cent, of premium note.
Policy fee, twenty-five cents.
WEARE MUTUAL FIRE INSURANCE COMPANY.
William T. Morse, President. W. S. B. Hebbebt, Secretary.
ASSETS, DEC. 31, 1895.
Cash in company^s office $41.48
LIABILITIES.
None.
INCOME.
Received from premiums and policy fees $186.43
assessments on premium notes 1,606.27
cash loans to the company 445.27
Gross cash income $2,237.97
EXPENDITURES.
Paid for losses during the year $1,500.00
adjusting losses .* 2.00
collecting assessments 54.71
commissions 80.25
salaries and fees of officers and employes 107.50
making assessments 8.00
borrowed money and interest 450.00
incidental expenses 14.95
filing statement 5.00
Gross cash expenditures $2,222.41
^1
I
m
m
■\'m
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22 New Hampshire Town Mutual [Dec. 31,
GENERAL ITEMS.
Amount. Prem. iVbiM,
Risks outstanding Dec. 31, 1894 $488,802.00 $31,800.92
Risks written during the year 87,816.00 6,655.80
Total $526,617.00 $88,516.72
Risks terminated during the year 80,900.00 5,996.90
Amount in force Dec. 31, 1895v $445,717.00 $82,619.82
Lost»es incurred during the year 1,500.00
Assessments laid on premium notes 1,606.27
Date of last assessment. May 26, 1895. Amount collected. . . 1,606.27
Largest sum insured in a single risk 1,500.00
Rates charged for insurance:
Premium note, six to twenty per cent, of amount insured.
Cash premium, two per cent, of premium note.
Policy fee, fifty cents.
WESTMORELAND MUTUAL FIRE INSURANCE
ASSOCIATION.
Daihel W. Patten, President. Elmer T. Niub, Secretary.
ASSETS, DEC. 31, 1895.
Cash in company's office $44.80
Cash deposited in banks 108.20
Gross assets $158.00
LIABILITIES.
Due for borrowed money and interest. $87.94
Due officers for services and expenses 28.28
Gross liabilities $111.17
INCOME.
Received from premiums and policy fees $84.89
assessments on premium notes 822.27
Gross cash income $856.66
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1895.]
Paid for losses durii
return pren
salaries anc
borrowed n
incidental e
filing statei
Gross cash expei
Risks outstanding B
Risks written during
Total
Risks terminated du
Amount in force
Losses incurred duri
Assessments laid on
Date of last assessmi
Largest sum insured
Rates charged for in
Premium note, tei
Cash premium, on
Policy fee, fifty ce
WILMOT Mt
Stlvesteb Bunkei
Received from premi
assesc
Gross cash income
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24 New Hampshire Town Mutual [Dec. 31,
EXPENDITURES.
Paid for losses during the year. $1,406.80
adjusting losses 87.02
Gross cash expenditures $1,496.42
GENERAL ITEMS.
Amount. Prom. Not99.
Risks outstanding December 81, 1894 $60,000.00 $3,628.00
Risks written during the year 2,100.00 126.00
Total $62,100.00 $3,754.00
Risks terminated during the year 62,100.00 8,754.00
^Amount in force December 81, 1895
Losses incurred during the year 1,406.80
Assessments laid on premium notes 1,461.01
Date of last assessment, Sept. 12, 1895. Amount collected... 1,461.01
Largest sum insured in a single risk 1,400.00
Rates charged for insurance:
Premium note, six per cent, of amount insured.
Cash premium, three per cent, of premium note.
Policy fee, fifty cents.
* This company ceased doing business December 81, 1886.
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NEW HAMPSHIRE
MUTUAL
FIRE INSURANCE COMPANIES.
Abstracts of Annual Reports, with Detailed Statements of
Resources and Liabilities for the Year ending
December 31, 1895.
[These compazLies rely upon assessments, instead of cash premiums,
for the payment of fire losses, and include the Grange Mutual Fire Insur-
ance Company, organized in March, 1888, whose membership is wholly
within the State Grange of the Patrons of Husbandry.]
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26 New Hampshire Mutual Dec. 31,
GRANGE MUTUAL FIRE INSURANCE COMPANY,
Chablss McDaioel, President E. C. HuTCHDfSoir, Secretary.
ASSETS, DEC. 31, 1886.
Cash deposited in banks $2,830.46
Cash in the hands of agents, reported 08.75
Interest due and accrued 113.00
Gross assets $8,018.21
LIABILITIES.
Losses reported, not adjusted (estimated) $10.00
Due officers for services and expenses 440.00
Gross liabilities $450.00
INCOME.
Received from premiums and policy fees $7,337.06
interest from all sources 113.00
Gross cash income $7,450.00
EXPEiroiTXJRES.
Paid for losses during the year $7,488.07
adjusting losses 112.00
commissions 608.50
return premiums 104.82
salaries and fees of officers and employ^ 628.67
incidental expenses 114.30
filing statement 5.00
Gross cash expenditures $8,872.20
GENERAL ITEMS.
Amount, Fr^m, NoUt,
Risks outstanding December 31, 1894 $2,822,238.06 $87,767.00
Risks written during the year 1,368,600.00 41,058.00
Total $4,280,833.06 $128,825.00
Risks terminated during the year 807,788.97 24,283.81
Amount in force December 31, 1885 $3,483,034.08 $104,581.08
Largest sum insured in a single risk 2,500.00
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1895.] Fire Insubaijce Companies. 27
Rates charged for insurance:
Premium note, three per cent, of amount insured.
Cash premium, one half of one per cent, of amount insured.
Policy fee, fifty cents from the company and fifty cents from the
assured.
MERRIMACK COUNTY MUTUAL FIRE INSURANCE
COMPANY.
F. B. Sawyeb, Pretident. > I. A. Bubbank, Secretary.
I
ASSETS, DEC. 31, 1896.
None.
LIABILITIES.
Due for borrowed money and interest $672.02
INCOME.
Received from premiums and policy fees $S00.82
EXPENDITURES.
Paid for commissions $79.60
return premiums 3,61
salaries and fees of officers and employes 117.00
incidental expenses 129.H6
filing statement 6.00
Gross cash expenditures $384.77
GENERAL ITEMS.
Amount. Prem. Note§.
Risks outstanding Dec. 31, 1894 $604,324.00 $33,727.61
Risks written during the year 110,880.00 6,316.30
Total $715,204.00 $40,043.91
Risks terminated during the year 82,675.00 4,505.28
Amount in force Dec. 31, 1895 $632,529.00 $35,538.63
Date of last assessment, July 28, 1894. Amount collected. . . 2,070.78
Largest sum insured in a single risk 2,000.00
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28 New HASfPSHiRE Mutual [Dec. 31,
Rates charji^ed for insurance :
Premium note, five to seven per cent, of amount insured.
Gash premium, four per cent, of premium note.
Policy fee, fifty cents.
ROCKINGHAM FARMERS' MUTUAL FIRE INSURANCE
COMPANY.
John S. Hobbb, President Hbnbt A. Shute, Secretary.
ASSETS, DEC. 31, 1895.
Cash in company's office $1,780.88
Unpaid assessments on premium notes 9,568.80
Cash in the hands of agents, reported 1,301.79
Gross assets $12,596.02
LIABILITIES.
Due for borrowed money and interest $14,640.25
INCOME.
Received from premiums and policy fees $928.04
assessments on premium notes 18,446.99
cash loans to the company 9,050.00
Gross cash income $28,420.03
EXPENDITURES.
Paid for losses during the year $12,052.85
adjusting losses 288.53
collecting assessments 382.27
commissions 197.19
return premium 17.86
salaries and fees of officers and employes 600.00
making assessments 100.00
borrowed money and interest 11,510.63
incidental expenses 284.86
filing statement 5.00
Gross cash expenditures $25,488.68
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NEW HAMPSHIRE
CASH MUTUAL
FIRE INSURANCE COMPANIES.
Compiled from the Annual Reports, with Statements of
Assets and Liabilities, for the Year ending
December 81, 1895.
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32 New Hampshire Cash Mutual [Dec. 31,
AETNA MUTUAL FIRE INSURANCE COMPANY.
Organised July 22, 1886. Oommenced bosineas August 1, 1886.
Geo. F. Undebhill, PreHdent. Obadiah Mobbill, Secretary.
Principal office, Concord.
I. ASSETS.
Cash value of real estate less encumbrances thereon $5,800.00
Equitable Mortgage Co. bond, par and market value 1,000.00
Cash in company's office 220.55
Cash deposited in banks 241.97
Interest due and accrued 13.33
Premiums in course of collection 806.09
Gross available assets $8,172.54
Assessable contingent premiums on outstanding risks, $12,174.47.
n. LIABILITIES.
Losses adjusted, due and to become due $558.07
resisted, including interest and expenses. 050.00
Ket amount of unpaid losses $1,206.97
Unearned premiums taken at fifty per cent, of gross premiums 2,001.20
Due or to become due for borrowed money and interest 2,802.75
Commissions on premiums in course of collection 106u46
Rents, taxes, salaries, and incidental expenses 282.10
Liabilities, except surplus $7,861.48
Surplus 811.06
Gross liabilities, including surplus $8,172.54
III. INCOME.
Cash received for gross premiums. $6,716.60
Deduct re-insurance and return premiums 1,074.61
Net cash premiums received during the year $5,641.99
Interest and dividends from all sources 85.09
Income from all other sources 54.60
Gross cash income $5,782.58
Contingent premiiims received during the year, $12,888.45.
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1895.] FntE Insurance Companies. 33
IV. EXPENDITURES.
Net amount paid for losses during the year $3,649.10
Commissions on premiums 1,000.87
Salaries and fees of officers and employes 236.05
State and local taxes 63.49
Office and incidental expenses 648.28
On account of note indebtedness 3,160.64
Gross cash expenditures $8,646.93
V. OENERAL ITEMS.
Cfa$h Oontingtnt
Amount. Premium§, Premium».
Risks in force Jan. 1, 1806 $231,690.43 $4,666.74 $16,323.70
Risks written during the year 310,633.84 6,716.60 12,333.45
Total $542,224.27 $11,873.34 $28,667.16
Risks terminated during the year... 288,990.43 5,570.96 16,482.68
Net amount in force Dec. 31, 1896 $258,233.84 $6,802.89 $12, 174.47
Contingent premiums on outstanding risks, less assessments
paid thereon $12,174.47
Losses incurred during the year 4,168.07
NEW HAMPSHIRE BUSINESS.
Risks written during the year $161,914.76
Cash premiums received 8,693.48
Contingent premiums therewith 6,686.38
Losses paid during the year 2,836.65
Losses incurred during the year 3,894.62
AMERICAN MANUFACTURERS' MUTUAL FIRE
INSURANCE COMPANY.
Organized February 25, 1887. Commenoed business March l, 1887.
Almon D. Tolles, Pretident, Obadiah Mobbill, Secretary,
Principal office. Concord.
I. ASSETS.
Cash value of real estate less encumbrances thereon $8,850.00
Loans on mortgages of real estate (first liens) 1,100.00
8
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34 New Hampshire Cash Mutual [Dec. 31,
Value of lands mortgaired $1,4M.00
Value of bnildings thereon 8,326.00
Insnranoe held as collateral 600 JW
Kansas City Investment Go. bond, par and market value $450.00
Cash in company^s office 181.77
Gash deposited in banks 2^03
Interest due and accrued 17.50
Premiums in course of collection 580.68
Gross available assets $5,872.89
Assessable contingent premiums on outstandlngr risks, 18,168.91.
II. LIABILITIES.
Losses adjusted, due and to become due $558.06
resisted, including interest and expenses 809.93
Ket amount of unpaid losses $1,458.01
Unearned premiums taken at fifty per cent, of gross premi ums 2,896.08
Due or to become due for borrowed money and interest 2,000.83
Gommissions on premiums in course of collection 78.02
Rents, taxes, salaries, and incidental expenses 232.04
Liabilities $6,765.83
Balance against the company 802.94
$5,872.80
III. INGOME. ^^^^
Gash received for ^oss premiums $5,017.52
Deduct re-insurance and return premiums 976.75
Net cash premiums received during the year $4,640.77
Interest and dividends from all sources 11.00
Income from all other sources 91.00
Gross cash income $4,742.77
Contlnsrent premiums received during the year, $10,284.88.
IV. EXPENDITURES.
Not amount paid for losses during the year $2,995.73
Gommissions on premiums 814.47
Salaries and fees of officers and employes 196.40
State and local taxes 51.51
Office and incidental expenses 392.67
On account of note indebtedness 2,341.86
Gross cash expenditures $6,792.64
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1895.] Fire Insurance Companies. 35
V. GENERAL ITEMS.
CMh ChfUingmU
Amount. Premiumt. Premiums.
Risks in force January 1, 18d5 $182,120.40 $8,880.46 $9,867.40
Risks written during the year 241,912.80 5,617.52 10,284.88
Total $424,038.20 $9,497.98 $20,152.28
Risks terminated during the year. . . 221,596.08 4,705.93 10,993.37
Net amount in force Dec. 81, 1895 $202,487.17 $4,792.05 $9,158.91
Contingent premiums on outstanding risks, less assessments
paid thereon $9,158.91
Losses incurred during the year 3,851.64
NEW HAMPSHIRE BUSINESS.
Risks written during the year $106,982.17
Cash premiums received 2,791.85
Contingent premiums therewith 5,354.80
Losses paid during the year 2,276.74
Losses incurred during the year 8,085.65
CHESHIRE COUNTY MUTUAL FIRE INSURANCE
COMPANY.
Incorporated 1825. Commenced bosineaB 1826.
Silas Habdy, President. William H. Elliott, Secretary*
Principal office, Keene.
L ASSETS.
Loans on mortgages of real estate (first liens) $2,400.00
SCHEDUUB OF StOOKB AJSCD BOHBS.
8T0CK8. Par Value. Market Value.
Capital Fire Insunmce Co $1,000.00 $1,000.00
BONDS.
New Hampahire Trast Co $2,600.00 $2,000.00
Denver Consolidated 8,000.00 8,000.00
Totalvalnes $6,600.00 $6,000.00
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36 New Hampshire Cash Mutual [D&c. 31,
Market value of stocks and bonds $6,000.00
Cash deposited in banks 1,804.79
Interest due and accrued 140.00
Premiums in course of collection 5,806.96
Gross available assets $15,711.74
AsseBsable contingent premioms on ootstandingr risks, $88,10S.S6.
n. LIABILITIES.
Losses adjusted, due and to become due $1,254.50
reported, but not adjusted 700.00
Gross amount of claims for losses $1,064.50
Deduct re-insurance thereon 900.00
Net amount of unpaid losses $1,664.50
Unearned premiums taken at fifty per cent of gross premiums 15,043.20
Due or to become due for borrowed money and interest 6,000.00
Commissions on premiums in course of collection 1,100.70
Rents, taxes, salaries, and incidental expenses 784.18
Liabilities $25,482.76
Balance against the company 0,721.02
$15,711.74
in. INCOME. "^"^""^^^
Cash received for gross premiums $20,206.93
Deduct re-insurance and return premiums 3,297.51
Net cash premiums received during the year $16,909.42
Interest and dividends from all sources 520.90
Gross cash income $17,430.82
OontiDsrent premlamB received during the year, $S0,a06.9S.
IV. EXPENDITURES.
Gross amount paid for losses $27,526.28
Deduct amount received for re-insurance 59.88
Net amount paid for losses during the year $27,466.45
Commissions on premiums 3,728.16
Salaries and fees of officers and employes 400.00
Rents 360.00
Office and incidental expenses 651.25
Interest on borrowed money 265.77
Gross cash expenditures $32,871.68
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1895.]
FiBE Insurance Companies.
37
V. GENERAL ITEMS.
Amount.
Risks in force January 1, 1895 $4,906,877.41
Risks written during the year 1,848,411.26
Total $6,256,288.67
Risks terminated during the year. 8,662,897.88
In force at the end of the year $2,692,891.29
Deduct amount re-insured 124,044.60
Cla$h Contingent
PremiumM. Premiume,
$60,268.97 $82,986.87
20,206.98 20,206.98
$80,476.90 $68,142.80
47,084.64 19,789.64
$88,891.26 $88,408.26
1,604.68
AmountinforceDec. 81, 1896. $2,668,846.79 $81,886.68 $88,408.26
Cash received of other companies for insurance 141.46
Contingent premiums on outstanding risks, less assessments
paid thereon 88,408.26
Losses incurred during the year 21,119.11
NEW HAMPSHIRE BUSINESS.
Risks written during the year $1,266,411.26
Cash premiums received 18,418.80
Contingent premiums therewith 18,418.80
Losses paid during the year 9,710.17
Losses incurred during the year 9,484.68
CONCORD MUTUAL FIRE INSURANCE COMPANY.
Oricanised Angnst 29. 1886. Commenced business October 17f 1886.
Samuel C. Eastman, PreHdent. Louis C. Mskbill, Secretary.
Principal office, Concord.
L ASSETS.
ScHSDULx OF Stocks and Bonds.
STOCKS. Par Value. Market Value.
PnUman Palace Car Co $2,000.00 18,100.00
Northern B. B. Co 1,000.00 1,660.00
Pemlgewasset Valley B. B. Co 1,200.00 1,820.00
Amoskeag Mannfactnringr Co 2,000.00 8,600.00
Qnincy Bridge 1,000.00 1,760.00
Boston A Maine B. B 1,800.00 2,720.00
Manchester Mills 1,000.00 1,060.00
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38 New Hampshire Cash Mutual [Dec. 31
standard Oil Trast $1,000.00
Eagle A Phenix Hotel Company 1»000.00 1,1S6J)0
Concord Oas Light Co 600.00 0004W
Boaoawen BCills 1,000.00 1,000.00
Abbot-Downing Co l^OOOJM
Concord St Montreal R. R l,Oi
BONDS,
St. Louis A San Franoisoo R. R 1,000.00 600.00
Totalvalaes |18,40OJ» |»,475.00
Market yalue of stocks and bonds $23,475.00
Cash in company's office 206.50
Cash deposited in banks 11,453.25
Interest due and accrued 300.00
Premiums in course of collection 1,647.66
Corporation loans 1,500.00
Gross avidlable assets $33,582.73
Assessable contingent premlnms on outstanding risks, |S8,648.80.
n. LIABILITIES.
Losses adjusted, due and to become due $407.30
rei>orted, but not adjusted 3,625.00
Net amount of unpidd losses $4,032.80
Unearned premiums taken at fifty per cent, of gross premiums 13,438.48
Profits or surplus due on terminated i>olicies 640.68
Commissions on premiums in course of collection 207.68
Liabilities, except surplus $18,387.1M
Surplus 20,104.79
Gross liabilities, including surplus $38,582.73
UI. INCOME.
Cash received for gross premiums $18,178.12
Deduct re-insurance and return premiums 843.68
Net cash premiums received during the year $17,320.44
Interest and dividends from all sources 1,882.11
Income from all other sources 9.60
Gross cash income $18,731.06
Contingent premiums received during the year, 184,020.14.
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1895.] Fire Insurance Companies. 39
IV. EXPENDITURES.
Net amount paid for loflses daring the year $7,870.10
Commissions on premiums 2,596.84
Salaries and fees of officers and employes 1,200.00
Profits or surplus on terminated policies 2,410.76
Office and incidental expenses 866.10
Gross cash expenditures $14,246.89
Cash
Premiuma.
$26,979.86
18,178.12
V. GENERAL ITEMS.
Amount.
Risks in force January 1, 1695 $1,998,857.89
Risks written during the year 1,159,014.65
Total $8,152,872.64 $45,168.00
Risks terminated during the year. . 1,180,446.44 18,276.04
Amount in force Dec. 81, 1895 $1,972,426.10 $26,876.96
Cash received of other companies for insurance
Contingent premiums on outstanding risks, less assessments
paid thereon
Losses incurred during the year
Percentage of cash premiums returned during the year as
profit or surplus:
Fifteen, twenty, and twenty-five per cent.
Cfontingent
Premiuma,
$58,822.40
36,007.50
$69,829.90
86,186.10
$53,648.80
2,818.95
58,643.80
10,844.04
NEW HAMPSHIRE BUSINESS.
Risks written during the year $959,777.82
Cash premiums received 15,678.62
Contingent premiums therewith 81,026.50
Losses paid during the year 6,287.09
Losses incurred during the year 9,287.09
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40 New Hampshire Cash Mutual [Dec. 31,
HOME MANUFACTURERS AND TRADERS' MUTUAL
FIRE INSURANCE COMPANY.
Organized January 28, 1886. Commenced bnslness Febraary 1, 1886.
John E. Robsbtsok, President Obadiah Mobbili«, Secretary,
Principal office, Concord.
I. ASSETS.
Gash valae of real estate less encumbrances thereon $8,800.00
Loans on mortgages of real estate (first liens) 2,760.00
Valne of lands mortgaged •4,600.00
Value of buildings thereon 4,266.00
Insurance held ascoUateral 1,600.00
Schedule of Stocks and Bondb.
STOCKS. Par Value. Market Value.
Tacoma A Traction Co $2,000.00
BONDS.
New Hampshire Trust Co $2,000.00 $l,600J»
Tacoma & Traction Co 2,861.90 2,861.90
Total values 18,861.90 $8^961.90
Market value of stocks and bonds $8,961.90
Cash in company's office 268.16
Cash deposited in banks 1,076.00
Interest due and accrued 283.10
Premiums in course of collection 947.40
Gross available assets $18,076.66
Assessable contingent premiums on outstanding risks, $88,857^.
II. LIABILITIES.
Losses adjusted, due and to become due $658.96
reported, but not adjusted 600.00
resisted, including interest and expenses 1,999.88
Net amount of unpaid losses $8,058.81
Unearned premiums taken at fifty per cent, of gross premiums 8,688.92
Due or to become due for borrowed money and interest 12,680.19
Commissions on premiums in course of collection 74.68
Rents, taxes, salaries, and incidental expenses 867.66
Liabilities $19,706.10
Balance against the company 1,029.64
$18,075.56
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1895.] Fire Insurance Companies. 41
II. INCOME.
Cash received for gross premiums $8,493.88
Deduct re-insurance and return premiums 1,S40.29
Net cash premiums received during the year $7,158.09
Interest and dividends from all sources 126.25
Income from all other sources 131.14
Gross cash income $7,410.48
Contingent premiomB reoeived during the year, $16,861^.
IV. EXPENDITURES.
Net amount paid for losses during the year $3,657.96
Commissions on premiums 1,291.65
Salaries and fees of officers and employes 807.39
State and local taxes 159.68
Office and incidental expenses 652.88
On account of note indebtedness 2,979.40
Gross cash expenditures $9,048.98
V. GENERAL ITEMS.
Ca$h Ckmtingent
Amount. Prwniuma, PremiumB.
RUks in force January 1, 1895 ^290,498. 17 $6,085.96 $26,379.44
Risks written during the year 898,986.68 • 8,498.88 15,861.87
Total $684,479.85 $14,579.36 $42,241.31
Risks terminated during the year. . . 361,554.50 7,311.52 8,888.85
AmountinforceDec. 31, 1895... $822,925.35 $7,267.84 $38,857.46
Contingent premiums on outstanding risks, less assessments
paid thereon. $33,857.46
Losses incurred during the year 5,016.79
NEW HAMPSHIRE BUSINESS.
Risks written during the year $190,729.59
Cash premiums received 4,454.36
Contingent premiums therewith 8,156.10
Losses paid during the year 1,575.18
Losses incurred during the year 3,141.78
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42
New Hampshire Cash Mutual
[Dec. 31,
MANUFACTURERS AND MERCHANTS' MUTUAL FIRE
INSURANCE COMPANY.
Organized December 29, 1885. Commenced business January 4, 1886.
Edwabd G. Leach, President. Ltman Jackmak, Secretary.
Principal office, Concord.
I. ASSETS.
Cash yalue of real estate, less encumbrances thereon $4,W0.00
Loans on mortgages of real estate (first liens) 14,480.00
Value of lands mortgaged $10,000.00
Value of buildings thereon 88,000.00
Insurance held as collateral 10,788.00
Schedule of Stocks ajtd Boin>8.
STOCKS. Par Valtu. Market Valtte.
Fire Underwriters' Association $100.00
Capital Fire Insurance Co 2,000.00
Chicago, Burlington A Quincy B. R 1,000.00
WestSide Construction Co 600.00
Metropolitan West Side Elevated R. R 1,2004»
BONDS.
New Hampshire Trust Co
Nebraska Loan A Trust Co
Daridson Investment Co
Iowa Loan St Trust Co
Rochester Loan & Trust Co •
Xenia Water Co
New York ft New England B. R. Co
Denver Consolidated Electric Co
Chicago, Burlington ft Quincy B. R
Metropolitan West Side El. R. R
Concord Land ft Water Power Co
$100.00
2,000.00
700.00
820.00
182.00
6,000.00
4,000.00
8,000.00
8,000X0
4,000J»
1,000X0
8,000.00
8,000.00
2,000X)0
2,000X0
2,000U»
2,000X0
2,000.00
2,400.00
8,000.00
8,000.00
200.00
206.00
6,000X0
6,000.00
1,000.00
1,000.00
$88,000.00
$29,945.00
Market value of stocks and bonds
Collateral oecurtties fob Loaks.
Market AmourU
FaitM. Loaned.
Capital Fire Insurance Co $6,100.00 $6400X0
Fire Underwriters* Association 200X0 200.00
$29,045.00
Total market value and cash loaned thereon $6,800.00 $6,800.00
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1895.] Fire Insurance Companies. 43
Loans on collateral securities $6,800.00
Cash in company^s office 706.82
Cash deposited in banks 4,102.10
Interest due and accrued 541.00
Premiums in course of collection 4,070.82
Gross available assets $65,064.24
Aflsessable oonttn^rent premioma on oatvtandlng rlska, $134,804.96.
U. LIABILITIES.
Losses adjusted, due and to become due $8,715.10
reported, but not adjusted 2,261.18
Ket amount of unpaid losses $5,076.82
Unearned premiums taken at fifty per cent, of gross premi ums 88,840.58
Betum premiums due on cancelled policies 814.26
Profits or surplus due on terminated policies. 291.04
Commissions on premiums in course of collection 585.08
Rents, taxes, salaries, and incidental expenses 284.00
Liabilities, except surplus $40,701.18
Surplus 24,858.11
Gross liabilities, including surplus $65,054.24
IIL INCOME.
Cash received for gross premiums $46,668.72
Deduct re-insurance and return premiums 8,845.50
Net cash premiums received during the year. $48,828.18
Interest received on mortgages - 608.66
Interest and dividends from all other sources 2,190.86
Gross cash income $46,117.15
Oontini^nt premioma received during the year» •89,888.18.
IV. EXPENDITURES.
Gross amount paid for losses $28,599.01
Deduct amount received for re-insurance 65.68
Net amount paid for losses during the year. $28,588.88
Commissions on premiums 6,885.64
Salaries and fees of officers and employes 8,605.00
Profits or surplus on terminated i>olicie8 4,848.51
Rents 886.00
Office and incidental expenses 1,017.51
Gross cash expenditures $44,721.04
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44 New Hampshibe Cash Mutual [Dec. 81,
V. GENERAL ITEMS.
Oath OmfinycBl
Amount. Pr9miumg. Fremiumt.
Risks in force Jan. 1, 1885 H^^.C^ld.OO $68,963.73 $125,006.04
Risks Tvritten during the year. . . 2,815,882.00 46,668.72 89,86&18
Total $7,757,901.00 $116,632.45 $214,874.22
Risks terminated during the year 3,173,930.00 48,614. 16 89,465.96
In force at the end of the year $4,583,971.00 $67,018.29 $125,408.26
Deduct amount re-insured 20,733.00 319. 14 603.28
Amountin force Dec. 31, 1885 $4,563,238.00 $66,699.15 $124,804.96
Cash received of other companies for insurance 4,568.55
Losses incurred during the year 22,289.03
Percentage of cash premium returned during the year as
profit or surplus:
Ten, fifteen, twenty, and fifty per cent.
NEW HAMPSHIRE BUSINESS.
Risks written during the year $2,732,895.00
Gash premiums received 44,934.00
Contingent premiums therewith 89,868.18
Losses paid during the year 18,857.40
Losses incurred during the year 21,020.40
QUEEN CITY MUTUAL FIRE INSURANCE COMPANY.
Organised March 9, 1886. Commenced bnsiness May 8S, 1S8S.
Danibl S. Kimball, President, John A. Shsbhak, Seeretarv,
Principal office, Manchester.
L ASSETS.
Cash in company's office $146.41
Cash deposited in banks 8,710.17
Premiums in course of collection 8,782.68
Gross available assets $7,645.26
Assessable contingent premlnms on oatBtandlng risks, $8,617.18.
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1895.] Fire Insurancb Companies. 45
II. LIABILITIES.
Unearned premiums taken at fifty per cent, of gross premiums $4,256.59
Commissions on premiums in course of collection 709.35
Liabilities, except surplus $4,'to7.94
Surplus 2,677.82
Gross liabilities, including surplus $7,645.26
IIL INCOME.
Cash received for gross premiums $10,851.51
Deduct re-insurance and return premiums 2,172.01
Net cash premiums received during the year $8,679.50
Gross cash income $8,679.50
Oontingent premituns received during the year, $10,888.28.
IV. EXPENDITURES.
Net amount paid for losses during the year $62.14
Commissions on premiums 2,172.55
Salaries and fees of officers and employes 415.00
Office and incidental expenses 180.89
Gross cash expenditures $2,830.58
V. GENERAL ITEMS.
Ca$h Contingent
Amount. Ptemiufn$, Premiun^.
Risks in force January 1, 1895
Risks written during the year $783,019.75 $10,888.26 $10,838.26
Total $783,019.75 $10,838.26 $10,888.26
Risks terminated during the year. . . 271,638.10 2,076.84 2,076.84
In force at the end of the year. . $511,381.65 $8,761.42 $8,761.42
Deduct amount re-insured 19,500.00 244.24 244.24
Amount in force Dec. 31, 1895. . . $491,881.65 $8,517.18 $8,517.18
Cash received of other companies for insurance 524.48
NEW HAMPSHIRE BUSINESS.
Risks written during the year $31,100.00
Cash premiums received 251.7S
Contingent premiums therewith 251.78
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NEW HAMPSHIRE
STOCK
FIRE INSURANCE COMPANIES.
Abstracts op Annual Reports, with Detailed Statements
• OF Assets and Liabilities, for the Year ending
December 31, 1895.
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48 New Hampshire Stock [Dec. 31,
CAPITAL FIRE INSURANCE COMPANY.
Incorporated March 10, 1886. Commenced business March 19, 1888.
Lyman Jackmak, President, Chabubs L. Jackman, Seeretary.
Principal ofBce, Concord.
Cash Capital, $200,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $100,S87.03
Loans on mortgages of real estate (first Hens) 57,935.00
Interest due and accrued thereon 612.06
Valae of lands mortgagred $71,675.00
Value of boildinsrs thereon 79,676.00
Insurance held as collateral 56,000.00
SCHBDULB OF STOCKS AKD BONDS.
STOCKS, Par Value. Market Value.
Concord ft Montreal R. R., Class 4 $6,000.00 $10390.00
• Pagre Belting: Co., preferred, Concord a,600.00 1,876.00
Prescott Piano Co., preferred , Concord 2,600.00 2,6004)0
Amoskeaff Manufacturing Co., Manchester 1,000.00 1,750.00
Nashua Manufacturing Co., Nashua 1,000.00 1,140.00
West Bide Construction Co 200.00 900.00
BONDS.
V
City of Portsmouth $40,000.00 $42,400.00
CityofDover 26,000.00 27,500JI0
City of Concord 26,00OU» 26,600410
New Hampshire Trust Co., Manchester 9,000.00 7,2004M)
lows Loan ft Trust Co., Des Moines, Iowa 6,000.00 6,000.00
Muscatine Mortgage ft Trust Co., Iowa 4,260.00 4,2S04N)
City Water Co., Merrill, Wis 6,000.00 6,000.00
Clinton, Iowa, Water- Works 6,000.00 6,0004»
Windsor Land ft Investment Co., Denver, Col.. .. 6,0004)0 6,000.00
Spokane ft Palouse R. R. Co., Spokane, W 6,000.00 6,000.00
Centra] Loan ft Deb. Co., Kansas City, Mo 4,000.00 4,000.00
Winfleld Water Co., Winfield, Kan 8,000.00 8,0004)0
Johnson Loan ft Trust Co., Arkansas City, Kan.. 1,9064N) 1,9054)0
Grand Forks, Dak., Oas and Electric Co 2,600.00 2,6004)0
Davidson Investment Co., Wichita, Kan 2,000.00 6004)0
Wichita, Kan., Water Co 2,000.00 2,000.00
Metropolitan West End R. R. Co., Chicago, 111. . . 2,000.00 2,0004)0
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1895.] FiBE Insurance Companies. 49
Nebraska Loan ft Trast Co., HastiDfirs, Neb $1,000.00 $1,000.00
City of Klufrman, Kan., Water Co 1,000.00 1,000.00
Town of Montrose, Col 800.00 800.00
Denver ConsoUdated Electric Co 1,000.00 1,000 J»
Total valaes $168,6W.OO $170,'
Market yalae of stocks and bonds $170,400.00
Cash in company's office 2,424.11
Cash deposited in bank 86,822.80
Interest due and accrued 931.67
Gross premiums in course of collection 51,217.35
Rents due and accrued 663.25
Due for re-insurance on losses paid 1,989.29
Gross assets $422,882.08
LLA.BILITIES.
Net amount of unpaid losses $28,421.27
Unearned premiums at fifty per cent, of gross premiums. . . . 132,647.64
Due aiid accrued for salaries, rent, and incidental expenses. . 6,286.66
Commissions and brokerage 6,841.44
Due and to become due for borrowed money 24,000.00
Return premiums 4,367.97
Re-insurance 551.61
All other liabilities 157.51
Gross liabilities, except capital and surplus $203,224.10
Paid-up capital $200,000.00
Surplus beyond aU liabilities 19,657.96
Surplus as regards policy-holders 219,657.98
Total liabilities including capital and surplus $422,882.08
INCOME.
Cash received for gross premiums $847,934.21
Deduct re-insuranoe, rebate, and return premiums 142,185.18
Net cash receiyed for premiums — all fire $205,789.03
Received for interest on mortgages 3,729.92
Interest and dividends from all other sources 7,328.89
Income from all other sources 6,014.46
Gross cash income $222,862.30
4
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50 New Hampshire Stock [Dec. 31,
EXPENDITURES.
Oro80 amount paid for losses $156,194.70
Deduct salvage and re-insnranoe SB, 1 12.79
Ket amount paid for losses— all fire $106,081.91
Dividends paid stockholders 8,000.00
Commissions and brokerage 52,737.38
Salaries and fees of officers and employes 6,87472
State and local taxes 4,306.68
All other payments and expenditures 8,246.44
Gross cash expenditures $185,887.13
RISKS AND PREMIUMS.
Fire BUk: Premium».
In force Dec. 81, 1894 $28,625,127.00 $823,739.87
Written or renewed during the year 20,858,196.00 299,778.56
fotal $44,478,323.00 $623,513.83
Deduct risks expired or terminated 21,787,628.00 817,863.12
In force at the end of the year $22,690,695.00 $305,660.81
Deduct amount re-insured 2,820,551.00 40,855.53
Net amount in force Deo. 31, 1895 $19,870,144.00 $265,295.28
MISCELLANEOUS.
Premiums received from organization to date $1,553,155.00
Losses paid from organization to date 499,890.91
Fire losses incurred during the year 123,234.28
Cash dividends declared since commencing business 61,614.00
Company's stock owned by the directors at par value 56,100.00
Dividends declared during the year (4 per cent.) 8,000.00
BUSINESS IN NEW HAMPSHIRE, 1805.
Fire risks written $8,078,808.00
Premiums received 43,521.73
Losses paid • 26,461.09
Losses incurred 28|008.21
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1895.] FnuE Insurance Companies. 51
FIBE UNDERWRITERS' ASSOCIATION.
Inoorponttod December 32, 1886. Ck>iiimenced baslness January 1, 1887.
LTMAir Jackhan, PreMdent. Thomas M. Lang, Secretary,
Principal office. Concord.
Gash Capital, $10,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $1,100.00
Loans on mortgages of real estate (first liens) 4,660.00
Interest due and accrued thereon 176.25
Value of lands mortgraged $11,800.00
Value of building thereon 6,000.00
Ldsnranee held as collateral 8,900.00
ScHEDULB OF Stocks and Bonds.
STOCKS, Par Value. Market Valtu,
Capital Fire Insurance Co $2,200.00 $2,200.00
Chicago. Book Island & Pacific B. R 1,000.00 677.60
Atchison, Topeka ft Santa F« B. B 1,000.00 160.00
Chicago, Burlington ft Qulncy B. B 1,000.00 771.25
Page Belting Co 600.00 875.00
Iowa Loan ft Trust Co 1,000.00 1,000.00
Denver Consolidated Blectzic 1,000.00 1,000.00
Concord ft Montreal B. B 8,000.00 6,100.00
West Bide Construction Co 400.00 200.00
Pullman Palace Car Co 600.00 778.76'
Metropolitan West Side Electric B. B 1,000.00 196.00
BONDS.
Central Loan ft Land Co 8,000.00 8,O0OU»
New Hampshire Trust Co 6,600.00 6,200.00
Muscatine Mortgage ft Loan Co 860.00 860.00
Xenia Water Co 1,000.00 1,000X0
National Cordage Co 400.00 400.00
Ellensburgh City, Wash 1,000.00 1,000.00
City Water Co., Sheboygan, Mich 1,000.00 1.000.00
Huron, 8. D., educational 1,000.00 600.00
Metropolitan West Side Bl. B. B 4,000.00 8,000.00
Atchison, Topeka ft Santa F« B. B 1,000.00 476.00
Davidson Investment Co 6,000.00 1,260.00
Union Trust Co., Sioux City 1,900.00 1,000.00
Totalvalues $89,260.00 $81,122J»
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52 New Hampshire Stock [Dec. 81,
Market value of stocks and bonds $81,122.50
Cash in the company^s office 92.44
Cash deposited in bank 2,896.87
Interest due and accrued 408.56
Gross premiums in course of collection 1,060.01
All other assets 1,006.75
Gross assets $42,518.41
LIABILITIES.
Net amount of unpaid losses $6,924.99
Unearned premiums at fifty per cent, of gross premiums 14,649.47
Due and accrued for salaries, rent, and incidental expenses. . 450.00
Commissions and brokerage 131.62
Due and to become due for borrowed money 7,000.00
Return premiums 45.50
Re-insurance 188.86
All other liabilities 2.36
Gross liabilities, except capital and surplus $29,387.80
Paid-up capital $10,000.00
Surplus beyond all liabilities 3,125.61
Surplus as regards policy-holders 18,125.61
Total liabilities, including capital and surplus $42,518.41
INCOME.
Cash received for gross premiums $S1,086.05
Deduct re-insaranoe, rebate, and return premiums 4,962.82
Net cash received for premiums — all fire $26,148.23
Received for interest on mortgages 400.50
Interest and dividends from all other sources 1,785.60
Income from all other sources 12.92
Gross cash income $28,342.25
EXPENDITURES.
Gross amount paid for losses $26,157418
Deduct salvage and re-insurance 1,678.48
Net amount paid for losses — all fire $24,684.20
Dividends paid stockholders 400.00
Commissions and brokerage 6,216.14
Salaries and fees of officers and employes 1,664.83
State and local taxes 100.00
Rents 180.00
All other payments and expenditures 294.00
Gross cash expenditures $32,439.17
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1895.] Fire Insurance Companies. 53
RISKS AND PREMIUMS.
Fire Riak$. Premiums.
In force Dec. 31, 1894 $4,850,588.00 $56,081.58
Written or renewed during the year 2,515,358.00 27,287.17
Total $6,865,941.00 $83,318.75
Deduct risks expired or terminated 4,426,198.00 52,786.38
In force at the end of the year $2,439,743.00 $30,532.42
Deduct amount re-insured 67,857.00 1,283.49
Net amount in force, Dec. 31, 1895 $2,371,886.00 $29,296.93
MISCELLANEOUS.
Premiums received from organization to date $392,766.12
Losses paid from organization to date 211,295.59
Fire losses incurred during the year 22,710.90
Cash dividends declared since commencing business 4,500.00
Company's stock owned by the directors, at par value 6,200.00
Dividends declared during the year (5 per cent.) 400.00
Amount loaned to officers and directors 500.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,625,970.00
Premiums received 13,157.78
Losses paid 6,364.27
Losses incurred 7,256.72
GRANITE STATE FIRE INSURANCE COMPANY.
Incorporated Jaly 17, 1886. Commenced basiness November 12, 1885.
Fbank Jones, President. Alfbbd F. Howard, Secretary,
Principal office, Portsmouth.
Cash Capital, $200,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $8,700.00
Loans on mortgages of real estate (first liens) 47,480.00
Interest due and accrued thereon 707.62
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54 New Hampshire Stock Dec. 81,
y alae of lands mortgaged $68,500.00
Valne of bolldings thereon 58,100410
Insurance held as collateral 39,825.00
Schedule of Stogkb and Bonds.
8TOOK8. Par Valus. Market Value,
Ooyer Gas-Llgrht Co.. Dover $8,826.00 $8,681410
Worcester, Nashua A Rochester R. R 100.00 120jOO
International Loan A Trost Co., Kansas City — 6,000.00 4,000X0
Wolf eborongh Loan & Banking Co 6,000.00 6,260.00
Boston & Maine R. R 18,800410 90,910.00
BONDS,
Eastman Freight Oar Heater Co 26,000.00 26,000J»
Chippewa Falls Water- Works 9,000.00 9,000.00
Town of HarrisviUe, N. H 16,000.00 16,2004)0
City of Manchester, N. H 100,000.00 106,5004)0
Fort Plain, N. T., Water Co 10,000.00 10,000.00
New Hampshire Trust Co 10,000.00 8,0004)0
St. Cloud Qas & Electric Co., Minn 10,000.00 10,500410
Nashua Card & Glazed Paper Co.. 5,000.00 5,000.00
National Loan A Trust Co. , Kansas City 2,500.00 8.500.00
Front St. Cable Railway Co., Seattle, Wash 86,000.00 86,7604)0
Palouse City, Wash 4,800.00 5,520.00
Total values $258,025.00 $209,841.00
Market value of stocks and bonds $280,841.00
Collateral Sbcubities fob Cash Loans.
Market Amount
Value. Loaned,
Indian Head National Bank $8,885.00
Portsmouth, Oreat Falls & Conway R. R 1,150.00
I $4,000.00
Total ma rket value and amount loaned $4,486.00 $4,000.00
Loans on collateral securities $4,000.00
Cash in company^s office 2,144.92
Cash deposited in bank 80,485.98
Interest due and accrued 1,888.79
Gross premiums in course of collection 60,001.88
Gross assets $416,889.99
LIABILITIES.
Net amount of unpaid losses $20,326.06
Unearned premiums at fifty per cent, of gross premiums — 150,470.94
Commissions and brokerage 4,144.34
Return premiums 1,004.40
Re-insurance 3,609.87
Gross liabilities, except capital and surplus $179,461.<W
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1895.] Fire Insurance Companies. 55
Paid-up capital $200,000.00
Surplus beyond all liabilities 86,378.89
Surplus as regards policy-holders 236,878.89
Total liabilities. Including capital and surplus $415,889.99
INCOME.
Cash reoeiyed for grou premiamB $487,842.18
Deduct re-Insurance, rebate, and return premiums iMjMAAH
Net cash received for premiums— all fire $311,002.09
Received for interest on mortgages 2,407.06
Interest and dividends from all other sources 11,444.09
Gross cash income $824,858.28
EXPENDITURES.
Gross amount paid for losses $982^94.87
Deduct salvage and re-lnsuranoe 82,087.29
Net amount paid for losses— all fire $200,857.58
Dividends paid stockholders 12,000.00
Commissions and brokerage 60,158.85
Salaries and fees of officers and employes 10,680.00
State and local taxes 6,467.60
All other payments and expenditures 26,674.26
Gross cash expenditures $816,888.29
RISES AND PREMIUMS.
Fire BUks. PremiumB,
In force December 81, 1894 $88,607,201.00 $458,829.88
Written or renewed during the year 81,208,676.00 422,947.84
ToUl $69,815,877.00 $881,277.67
Deduct risks expired or terminated 82,200,989.00 434,646.64
In force at the end of the year $37,614,888.00 $446,631.08
Deduct amount re-insured 11,913,041.00 f45,677.16
Net amount in force December 31, 1895. . $26,701,847.00 $300,953.87
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56 New Hampshire Stock [Dec. 31,
MISCELLANEOUS.
Premiums received from organizatioii to date $4,805,030.05
Losses paid from organization to date 2,166,028.25
Fire losses incurred during the year 196,373.30
Cash dividends declared since commencing business. 72,000.00
Company^s stock owned by the directors, at par value 128,100.00
Dividends declared during the year (6 per cent.) 12,000.00
BUSINESS IN NEW HAMPSHIRE, 1886.
Fire risks written $12,284,819.00
Premiums received 109,459.53
Losses paid 67,772.81
Losses incurred 66,966.56
NEW HAMPSHIRE FIRE INSURANCE COMPANY.
Incorporated Jaly 7, 1808. Oommenced business April, 1870.
John C. Fbbnch, PreHdent. Gbo. E. Krvdajlt^ Secrtiary.
Principal office, Manchester.
Cash Capital, $800,000.00
ASSETS.
Cash value of real estate less incumbrances thereon $44,250.00
Loans on mortgages of real estate (first liens) 589,476166
ScHBDuiiS OF Stocks akd Bonds.
STOCKS. Par Valus» Market Value,
Sancook VaUey B. R $4,000.00 $4,800.00
New York Central & Hadaon R. R 20,000.00 20,000.00
New York, New Haven A Hartford B. R 22,600.00 40,000.00
Norwich & Worcester R. R 8,100.00 5,800.00
Pemlgewaaaett Valley R.R 26,000.00 82,800.00
BostOD & Albany R. R 10,000.00 20,600X0
Boston & Maine R. R 20,000.00 86,000.00
Concord A Montreal R. R., Class 4 20,000.00 84,400.00
Chicago, Barlington & Qulncy R. R 47,400.00 87,020.00
Chicago A Alton R. R., Common 10,000.00 16,000.00
Illinois Central R. R 80,000.00 28,800.00
Chicago, Rock Island A Pacific R. R 10,000.00 7,000.00
Chicago Juno. Ry. A Union Stock Yards Co.,
pref/.., ....j.^,.. 20,000.00 20,400.00
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1895.]
Fire Insurance Companies.
57
Lake Shore A Michigan Southern R. R $90,000.00
Ohlcago & Northwestern R. R., Common 25,000.00
Merchants National Bank, Manchester 10,000.00
Merchants National Bank, Kansas City, Mo. 4,500.00
Pemigewasset National Bank, Plymouth 6.000.00
Berlin National Bank, BerUn 2,500.00
First National Bank, Peterboro 5,000.00
First National Bank, Concord 8,000.00
Laoonla National Bank, Laconia 2,500.00
Lancaster Tmst Co., Lancaster 2,500.00
Exeter Banking Co., Exeter 1,000.00
Amoskeag Mannfactoring Co., Manchester. . 10,000.00
Manchester Mills, Manchester 80,700.00
Stark Mills, Manchester 10,000.00
Qoincy Railroad Bridge Co 10,000.00
Pallman's Palace Car Co 80,000.00
Manchester Gas- Light Co 1,400.00
American Express Co 10,000.00
BONDS.
V. S. Ooyemment 76,000.00
U. 8. Oovemment 26,000.00
City of Topeka, Kan 2,000.00
City of Moorhead, Minn 6,000.00
City of Lincoln, Neb 21,000.00
City of Seattle, Wash 10,000.00
City of Tacoma, Wash 26,000.00
City of East Portland, Ore 26,000.00
City of Cleveland, 0 60,000.00
City of Colnmbas, 0 10,000.00
City of Ashtabula, 0 10,000.00
City of Dayton, 0 90,000.00
City of Salem, Mass 10,000.00
Watertown & Rome R. R 10,000.00
Maine Central R. R 10,000.00
New York A New England R. R 10,000.00
New York A New England R. R 10,000.00
Boston, Concord A Montreal R. R 60,000.00
Concord A Montreal R. R 100,000.00
Chicago, Burlington A Quincy R. R 18,000.00
Chicago, Burlington A Q. R.*R., Den. Ex 10,000.00
Chicago, Burlington A Quincy R. R., Con. 5s. 20,000.00
Union Pacific R. R. Trust 10,000.00
Oregon Short Line R. R 10,000.00
Chicago & West Michigan R. R 26,000.00
Chicago, Burlington A Northern R. R 5,000.00
Montana Central R. R 26,000.00
Lehigh Valley Terminal Ry. Co 26,000.00
Hillsborough County 16,000.00
Topeka, Kansas, Water Supply Co 90,000.00
Claremont Water- Works 6,000.00
MinneapoUs Gas-light Co 20,000.00
Central Loan A Land Co., Deb 20,000.00
Johnson Loan A Trust Co., Deb 9,000.00
National Loan A Trust Co., Deb 10,000.00
Nashua Card A Glased Paper Co 10,000.00
$80,000.00
2,700.00
7,800.00
2,760.00
6,750.00
9,000.00
2375.00
2,500.00
1,000.00
17,600.00
80,700.00
9,600.00
17,000.00
46,000.00
8,400.00
11,900.00
82,600.00
28,760.00
2,000.00
6,000X0
21,420.00
10,200.00
27,000.00
27,000.00
62,000.00
11,000.00
10,400.00
21,200.00
10,200.00
12,000.00
10,600.00
12.000.00
11,200.00
62,000.00
108,000.00
20,880.00
9,200.00
20,600.00
8,000.00
10,000.00
18,760.00
6,150.00
26,000.00
26,750X0
16,600.00
20,000.00
6,000X0
20,800.00
20,000.00
6,400.00
10,000.00
10.000.00
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58
New Hampshire Stock
[Dec. 81,
Grand Forks Gas A Electric Co.. .
Minneapolis General Electric Co.
Swift A Co., Chica^
$6,000.00
35,000.00
36,000.00
36,000.00
Totalvalnes $1,218,100.00 $1,874,065.00
Market value of stocks and bonds $1,874,085.00
GOLLATEBAL SEGTTBmES FOB CASH LOANS.
Manchester A Lawrence B. B
Mollne Plow Co., Mollne, 111
Muscatine Mortgage Co
Swift Befrigerator Transportation Co..
Exeter Manufacturing Co., pref
Exeter Manufacturing Co., bonds
Doluth, Minn., Street B. B
Mortgage note, Eaton
Market
AmowiU
Value,
Loafed.
$1,800.00 i
2,000.00 i
$2,700.00
7,800.00
5,700.00
80,000.00
25,000.00
12,000.00
10,000.00
12,000.00
10.000.00
30.000.00
10.000.00
4.000.00
8,800X0
Total market value and amount loaned. $89,100,000 $86,700X0
Loans on collateral securities ,
Cash in company's office
Cash deposited in bank
Gross premiums in course of collection.
$66,70a00
10,727.CO
89,618.07
168,061.15
Gross assets $2,342,918.48
LIABILITIES.
Net amount of unpaid losses $128,682.54
Unearned premiums at fifty per cent, of gross premiums. . . 882,810.85
Commissions and brokerage 83,612.28
Gross liabilities, except capital and surplus $990,055.62
Paid-up capital $800,000.00
Surplus beyond all liabilities 552,862.86
Surplus as regards policy-holders $1,352,862.86
Total liabilities, including capital and surplus $2,842,918.48
INCOME.
Oaah received for gross premiums $1,210,882.19
Deduct re-insurance, rebate, and return premiums — 180,710.86
Net cash received for premiums— all fire $1,030,121.54
Received for interest on mortgages 29,412.23
Interest and dividends from all other sources 64,585.85
Gross cash income $1,124,119.12
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1895.] Fire Insurance Companies. 59
EXPENDITURES.
Gross amonnt paid forlosses $667,868.76
Dedact salvage and ro-lnsnranoe 27,Q684M
Net amount paid for losses— all fire $500,765.42
Dividends paid stockholders 64,000.00
Commissions and brokerage 207,859.59
Salaries and fees of officers and employes 47,827.44
State and local taxes 30,050.88
All other payments 56,958.20
Gross cash expenditures $966,461.58
RISKS AND PREMIUMS.
Fire Siaka, Preminma.
In force Dec. 31, 1894 $119,214,052.00 $1,609,876.29
Written or renewed during the year 102,798,549.00 1,253,687.18
Total $222,012,601.00 $2,868,568.42
Deduct risks expired or terminated 98,676,429.00 1,182,086.27
In force at the end of the year $128,886,172.00 $1,780,627.15
Deduct amount re-insured 5,829,802.00 65,005.45
Net amount in force Dec. 31, 1895 $128,006,870.00 $1,665,621.70
MISCELLANEOUS.
Premiums received from organization to date $12,373,785.67
Losses paid from organization to date 6,652,545.55
Fire losses incurred during the year 562,651.81
Cash dividends declared since commencing business 828,000.00
Company's stock owned by the directors, at par value 254,000.00
Dividends declared during the year (8 per cent) 64,000.00
BUSINESS IN NEW HAMPSHIRE, 1895.
lire risks written $15,091,842.00
Premiums received 175,860.47
Losses paid 64,587.64
Losses incurred 54,896.51
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60 New Hampshire Stock [Dec. 31,
PORTSMOUTH FIRE ASSOCIATION.
Incorporated October 22, 1887. Commenoed business Noyember 1, 1887.
Fbajtk Jones, PreMdent. Alfbbd F. Howabd, Secretary*
Principal office, PortBmouth.
Cash Capitax, $50,000.00.
ASSETS.
Cash yalue of real estate, leas incumbrances thereon $8,500.00
Loans on mortgages of real estate (first liens) SO,200.00
Interest due and accrued thereon 604.16
Value of lands mortgaged $40,000.00
Value of buildings thereon 24,400.00
Insurance held as collateral 17,600.00
Schedule of Stocks and Bonds.
8T0CK8. Par Value. Market Value.
International Loan and Trust Co $6,00Oj0O $4,000.00
BONDS.
Emporia Electric and Gas light Co 10,000.00 10,500.00
Columbia County, Wash 6,000.00 6,000.00
Fort PUin, N. T., Water Co 6,000.00 5,000.00
Chippewa FaUs Water- Works Co 10,000.00 10,000.00
Xenia, Ohio, Water Co 2,000.00 2,000.00
St. Cloud Gas ft Electric Co 6,000.00 5»260jOO
Eastman Freight Car Heater Co 15,000.00 16,000.00
Chehalis County, Washington. 4,000.00 4,400.00
Salt Lake, Utah 8,000.00 8,000.00
City of Pittsburgh, Kan 2,500.00 2,625.00
EyansYllle (Ind.) Street Railway Co 5,000.00 6,000.00
Tiffin, Ohio, Water- Works 5,000.00 6,000.00
Cincinnati, Newton A Covington Railway Co. . . . 5,000.00 6,000.00
Dulath Transfer Railway Co 6,000.00 5,000.00
Manchester Street Railway 5,000.00 5,176410
Totalvalues $91,600.00 $02,860.00
Market value of stocks and bonds $02,860.00
Collateral Securities fob Cash Loans.
Market Amount
Value. Loaned.
Burton Stock Car Co $5,000.00 $5,000.00
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1895.] Fire Insurance Cokpanies. 61
Loans on collateral seouriiies 15,000.00
Cash in company's office 628.01
Cash deposited in bank 2,780.81
Interest due and accrued 616.06
Oross premiums in course of collection 1,169.50
Gross assets $187,248.98
LIABILITIES.
Net amount of unpaid losses $8,426.83
Unearned premiums at fifty per cent, of gross premiums 16,446.16
Due and accrued for salaries, rent, and incidental expenses. 129.61
Commissions and brokerage 168.10
Return premiums 69.48
Gross liabilities, except capital and surplus $20,218.18
Paid-up capital $50,000.00
Surplus beyond all liabilities 67,085.80
Surplus as regards policy-holders 117,035.80
Total liabilities, including capital and surplus $137,248.98
INCOME.
Cash reoeived for gross premiums $88,901.82
Dedoct re-insarance, rebate, and retam premiums 4,001.08
Net cash received for premiums— all fire*. $29,899.69
Received for interest on mortgages 1,595.58
Interest and dividends from all other sources 5,215.76
Gross cash income $36,711.08
EXPENDITURES.
Gross amount paid for losses $17,«4.80
Deduct salvage and re-Insurance 88.50
Net amount paid for losses — all fire $17,951.21
Dividends paid stockholders 8,000.00
Commissions and brokerage 4,879.17
Salaries and fees of officers and employes 260.00
State and local taxes 611.00
All other payments and expenditures 7,538.42
Gross cash expenditures $84,129.80
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62 New Hampshibe Stock [Dec. 31,
RISES AND PREMIUMS.
Fire BUka. Premiumt.
In force Dec. 31, 1804. 13,491,247.00 $46,215.43
Written or renewed daring the year 1,382,025.00 20,014.78
Total $4,378,272.00 $66,230.21
Deduct risks expired or terminated 2,355,476.00 83,016.27
In force at the end of the year. $2,517,796.00 $33,213.94
Deduct amount re-insured 24,185.00 323.62
Net amount in force Dec. 81, 1805 $2,493,611.00 $32,890.32
MISCELLANEOUS.
Premiums received from organization to date $207,728.43
Losses paid from organization to date 102,242.56
Fire losses incurred during the year 16,685.35
Gash dividends declared since commencing business 7,600.00
Company* s stock owned by the directors, at par value 41,000.00
Dividends declared during the year (6 per cent.) 3,000.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $660,460.00
Premiums received 8,871.62
Losses paid 6,724.88
Losses incurred 3,073.83
STATE DWELLING-HOUSE INSURANCE COMPANY.
Incorporated October 17, 1886. Commenced business October 28, 1886.
Solon A. Cabtbb, PreHdent Obadiah Mobbii.i^ Secretary.
Principal office. Concord.
Cash Capital, $15,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $3,780.00
Loans on mortgages of real estate (first liens) 9,025.00
Interest due and accrued thereon 412.42
Value of mortgaged premises $0,810.00
Insurance held as collateral 6,0004M>
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%1895.]
FiBE Insurance Companies.
63
Schedule of Stocks and Bonds.
8T0CK8. Par Value, Market Value,
Indian Head National Bank $800.00 $S00.00
Page Belting Co 1,000.00 600.00
Bed Oak Investment Co 600.00 600.00
International Loan & Tmat Co 800.00 aoo.OO
Peterborough B. B 700.00 700.00
Connty of BemaUllo 600.00 600.00
BONDS.
Equitable Mortgage Co 1,800.00 1,170.00
Incorp. Town State Centre Iowa 600.00 600.00
Kansas City Inyestment Co 900.00 TTOjOO
Johnson Loan A Tmst Co 295.00 200.00
City of Concord Water 4,0704)0 4,070.00
United States Govemment 1,000.00 1,210.00
Lancaster Water 2,000.00 2,064.00
Sooth Antrim Village 1,000.00 1,010.00
Total yalaes $14,866.00 $14,126.00
Market value of stocks and bonds $14,125.00
COLLATEBAL SeCUBITIES FOB CaBH LoANS.
Market Amount
Value. Loaned,
Globe Savings Bank $l,800.0o> gjooooo
Beal estate mortgage 2,600.00) '
Total market value and amonnt loaned .... $4,800.00 $2,000.00
Loans on collateral securities $2,000.00
Cash in company's office 211.78
Cash deposited in bank 2,491.05
Interest due and accrued 164.00
Gross premiums in course of collection 44.25
Loans on personal securities 4,000.00
Gross assets $86,103.50
LIABILITIES.
Uneame^ premiums at fifty per cent, of gross premiums — $5,078.27
Due and accrued for salaries, rent, and incidental expenses. . 170.65
Commissions and brokerage 0.05
Gross liabilities, except capital and surplus $5,267.87
Paid-up capital $15,000.00
Surplus beyond all liabilities 15,925.68
Surplus as regards policy-holders 80,925.68
Total liabilities, including capital and surplus $86,198.50
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64 N. H. Stock Fire Insurance Companies. *
INCOME.
Cash recelyed for gross premiums $1,742.02
Deduct re-insuranoe, rebate, and retom premiums lfil.91
Net cash received for premiums — all Are $1,590.61
Received for interest on mortgages 1,183.86
Income from all other sources 34.00
Gross cash Income $2,758.27
EXPENDITURES.
Net amount paid for losses— «ll fire $217.12
Dividends paid stockholders 1,350.00
Dividends to policy-holders 79.96
Commissions and brokerage 318.49
Salaries and fees of officers and employ^ 212.20
State and local taxes 480.60
Office and incidental expenses 217.11
Gross cash expenditures $2,875.48
RISES AND PREMIUMS.
Fire BUk9. Ptemiunu.
In force December 31, 1894 $972,650.00 $9,833.67
Written or renewed during the year 171,860.00 1,744.85
Total $1,144,500.00 $11,678.52
Deduct risks expired or terminated 140,125.00 1,421.96
Net amount in force Dec. 31, 1895 $1,004,375.00 $10,156.54
MISCELLANEOUS.
Premiums received from organization to date $54,050.62
Losses paid from organization to date 25,276.27
Fire losses incurred during the year 217.12
Cash dividends declared since commencing business 1,496.73
Company's stock owned by the directors, at par value 10,800.00
Dividends declared during the year (9 per cent) 1,350.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $171,850.00
Premiums received 1,744.85
Losses paid 217.12
Losses incurred 217.12
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M illD nBE-MBDII nSDMCE COHFMS
OF OTHER STATES.
Detailed Abstracts from the Annual Statements of the
Fire and Fire-Marine Insurance CompanIes of Other
States, authorized to do Business in the State
of New Hampshire, showing their Condi-
tion OR THE 3 1st Day of
December, 1895.
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66 FiR£ AND Fibe-Mabine [Dec. 31,
iETNA INSURANCE COMPANY.
Habtfobd, Conn.
Incorporated Jane, 1819. Commenced business August 17, 1819.
William B. Clabe, PreMdent William H. King, Secretary,
Cash Capital, $4,000,000.00.
ASSETS.
Cash value of real estate, less Incumbrances thereon $200,000.00
Loans on mortgages of real estate (first liens) 36,000.00
Interest due and accrued thereon 800.45
Value of lands mortgaged $87,000.00
Value of buildings thereon 88,000X0
Insurance held as coUateraL , 36,600.00
Market value of stocks and bonds 9,526,068.00
Loans on collateral securities 6,600.00
Cash in the company's office 1,865.04
Cash deposited in bank 750,647.93
Interest due and accrued 387.50
Gross premiums in course of collection 534,644.96
Gross assets $1 1,055,513.88
LIABILITIES.
Net amount of unpaid losses $396,575.19
Unearned premiums at fifty per cent, of gross premiums. . 2,977,495.56
Reclaimable on perpetual fire policies 51,306.39
Due and accrued for salaries, rent, and incidental expenses 1,000.00
Commissions and brokerage 82,589.91
Return premiums 82,589.90
Gross liabilities, except capital and surplus $3,593,556.95
Paid-up capital $4,000,000.00
Surplus beyond all liabilities 8,461,956.93
Surplus as regards policy-holders 7,461,956.98
Total liabilities, including capital and surplus $11,055,513.88
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1895.] Insurance Companies. 67
INCOME.
Marine
Fire, and Inland.
Caah receiyed for gross premloms $4,629,796.11 $227,264.81
Deduct re-insanunce, rebate, and retom
premioms 880,276.98 64,028417
Net cash received for premiums $8,886,618.18 $178,226.44
$3,808,744.57
Received for interest on mortgages 1,960.00
Interest and dividends from all other sources 472,880.18
Income from all other sources 8,638.82
Deposit premiums received for perpetual fire risks $8,868.79
Gross cash income $4,347,223.67
EXPENDITURES.
Marine
Fire, and Inland.
Gross amount paid for losses $2,217,606^) $167,606.18
Deduct salvage and re-insuranoe 167366.11 86,000.44
Net amount paid for losses $2,049,782.19 $120,904.69
$2,170,636.88
Dividends paid stockholders 720,000.00
Commissions and hrokerage 615,970.86
Salaries and fees of officers and employes 258,304.42
State and local taxes 74,785.38
All other payments and expenditures. 264,732.97
Deposit premiums returned on perpetual Are risks $1,266.81
Gross cash expenditures $4,104,430.51
RISES AND PREMIUMS.
Fire Sieke. Premiuma,
In force Dec. 31, 1894 $502,962,742.00 $6,214,674.92
Written or renewed during the year 357,024,849.00 4,461,273.06
Total $859,987,591.00 $10,675,947.98
Deduct risks expired or terminated 340,868,792.00 4,363,785.50
In force at the end of the year $519,123,799.00 $6,312,162.48
Deduct amount re-insured 36,060,752.00 440,716.44
Net amount in force Dec. 31, 1895 $483,063,047.00 $5,871,446.04
Perpetual risks In force $2,327,728.00 $54,006.72
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68
Fire and FmE-MARiNE
[Dec. 31,
Marine and
Inland BUkt.
In force Dec. 31, 1894 13,721,045.00
Written or renewed during the year 64,771,068.00
Total $68,492,118.00
Deduct risks expired or terminated 66,004,758.00
In force at the end of the year $2,487,355.00
Premiums.
$104,235.27
196,663.00
$302,898.27
219,353.19
$83,545.08
MISCELLANEOUS.
Premiums received from organization to date $136,144,043.67
Losses paid from organization to date 77,313,153.68
Fire, marine, and inland losses incurred during the year 2,182,898.31
Cash dividends declared since commencing business 22,198,365.00
Company's stock owned by^the directors, at par value. . . 863,900.00
Dividends declared during the year (18 per cent.) 720,000.00
Amount loaned to stockholders not officers 23,600.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
state or Country, Deposit*, Liabilitiet.
Canada $124,580.00 $94,036.42
Georgia 28,750.00 37,262.09
Oregon 53,500.00 10,640.41
Virginia 49,007.50 17,268.94
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written. . .
Premiums received.
Losses paid
Losses incurred
$3,998,766.00
56,136.49
13,197.44
12,920.44
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1895.] Insurance Companies. 69
AGRICULTURAL INSURANCE COMPANY.
Watebtown, N. T.
Incorporated 1858. Commenced baslncM 1858.
Jean R. Stebbiks, PreHdent H. M. Stevens, Secretary,
Cash Capital, $600,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $297,595.00
Loans on mortgages of real estate (first liens) 1,093,660.30
Interest due and accrued thereon 35,708.07
Valae of mortgaged premises $2^4,482.00
Market value of stocks and bonds 870,960.50
Loans on collateral securities 169,894.26
Cash in company's office 10,72a 70
Cash deposited in bank 127,928.28
Interest due and accrued 9,824.06
Gross premiums in course of collection 177,379.91
Bills receivable, not matured, taken for premiums 711.82
Due for re-insurance on losses paid 7,180.64
Oross assets $2,301,580.54
LIABILITIES.
Net amount of unpaid losses $119,165.12
Unearned premiums at fifty per cent, of gross premiums 1,330,071.43
Dividends to stockholders unpaid 75.00
Commissions and brokerage 39,549.21
Be-insurance 5,217.69
Gross liabilities, except capital and surplus $1,494,078.46
Paid up capital $500,000.00
Surplus beyond all liabilities 307,502.09
Surplus as regards policy-holders 807,602.09
Total liabilities, including capital and surplus $2,301,580.54
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70 Fire and Fire-Marine [Dec. 31,
INCOME.
Cash received for groM premimns $1,874318.56
Deduct re-insurance, rebate, and retom premiums. . 880,028.88
Net cash received for premiama— all fire $1,044,280.67
Received for interest on mortgages 73,403.52
Interest and dividends from all other sources 27,045.49
Income from all other sources 3,410.80
Gross cash income $1,140,148.57
EXPENDITURES.
Gross amount paid for losses $508,861.84
Deduct salvage and re-insnrance 41,808.82
Net amount paid for losses— all fire $552,615.02
Dividends paid stockholders 40,080.00
Commissions and brokerage 206,842.57
Salaries and fees of officers and employes 125,001.85
State and local taxes 24,570.60
All other payments and expenditures 00,552.17
Gross cash expenditures $1,061,102.11
RISES AND PREMIUMS.
Fire SUk$. Premium:
In force Dec. 31, 1804 $286,620,618.00 $2,810,110.52
Written or renewed during the year 167,565,000.00 1,886,606.00
Total $444,185,618.00 $4,206,814.52
Deduct risks expired or terminated 155,226,171.00 1,437,726.65
In force at the end of the year $288,050,447.00 $2,768,067.87
Deduct amount re-insured 11,625,400.00 107,045.00
Net amount in force Dec. 81, 1805 $277,334,047.00 $2,660,142.87
MISCELLANEOUS.
Premiums received from organization to date $10,480,301.00
Losses paid from organization to date 0,588,850.00
Fire losses incurred during the year 557,002.00
Cash dividends declared since commencing business 1,060,000.00
Company's stock owned by the directors, at par value 205,700.00
Dividends declared during the year (10 per cent) 50,000.00
Amount loaned to officers and directors 7,000.00
Amount loaned to stockholders not officers 7,406.15
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1895.] FiKE Insurance Companies. 71
Value of
State or Country, Depoeite, LiabiliHee,
Canada $152,028.00 $57,1^.00
Virginia 27,000.00 24,868.00
BUSINESS m NEW HAMPSHIRE, 1805.
Fire riaka written $206,000.00
Preminma received 2,507.00
Loaaea paid 867.00
Loaaea incurred 2,067.00
AMERICAN INSURANCE COMPANY.
Boston, Mass.
Incorporated June, 1818. Ck)mmenced business June, 1818.
Francis Peabodt, PreHdent Hbnrt S. Bean, Secretary,
Cash Capital, $300,000.00.
ASSETS.
Market value of atocka and bonda $506,457.00
Loana on collateral aecuritiea 15,000.00
Caah in company'a office 002.07
Caah depoaited in bank 22,882.21
Intereat due and accrued 2,504.51
Grosa premiuma in courae of collection 10,024.76
Premlams more than three months due $828.82
Groaaaaaeta $567,851.45
LIABILITIES.
Net amount of unpaid loaaea $23,765.00
Unearned premiuma at fifty per cent, of groaa premiuma — 161,465.35
Dividenda to atockholdera unpaid 45.00
Due and accrued for aalariea, rent, and incidental expenaea. . 1,310.67
Commiaaiona and brokerage 3,388.78
Return premiuma 1,636.47
Re-inaurance 1,676.56
Taxea 21.53
Groaa liabilitiea, except capital and aurplua $108,318.40
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72 Fire and Fibe-Mabine [Dec. 31,
Paid-up capital $800,000.00
SorpluA beyond aU liabilities. 74,533.05
SurpluB as regards policy-holders $374,583.06
Total liabilitieB, including capital and surplus $507,851.45
INCOME.
Cash received for gross premioins $290,670.72
Dedact re-insaranoe, rebate, and retam premioms 68,712.72
Net cash received for premiums— all fire $886,868.00
Interest and dividends from all sources 21,801.51
Gross cash income $258,650.51
EXPENDITURES.
Gross amount paid for losses $184,818.60
Dedaot salvage and re-insurance 10,262.16
Net amount paid for losses — ^all fire $124,551.45
Dividends paid stockholders 18,132.00
Commissions and brokerage 50,470.7S
Salaries and fees of officers and employ^ 24,266.41
State and local taxes 5,088.58
All other payments and expenditures 10,725.08
Gross cash expenditures $234,091.15
BISKS AND PREMIUMS.
Fire BUk9. Premiunu,
In force Dec. 81, 1804 $33,996,105.00 $808,905.48
Written or renewed during the year 25,416,386.00 282,517.36
Total $59,412,581.00 $676,422.84
Deduct risks expired or terminated 27,805,050.00 808,266.28
In force at the end of the year $32,107,531.00 $368,156.66
Deduct amount re-insured 8,818,722.00 45,225.86
Net amount in force Dec. 81, 1895 $28,288,800.00 $322,080.70
MISCELLANEOUS.
Premiums received from oiganlzatlon to date $11,512,629.98
Losses paid from organization to date 8,019,264.00
Fire losses Incurred during the year 122,338.72
Cash dividends declared since commencing business. 2,779,500.00
Company's stock owned by the directors, at par value . . v . . 47, 100.00
Dividends declared during the year (6 per cent) 18,000.00
Amount loaned to officers and directors 15,000.00
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1895.] Insurance Companies. 73
BUSINESS IN NEW HAMPSHIRE, 1805.
Fire risks written $191,904.00
Premiums received 2,258.59
Losses paid 667.48
Losses incurred 667.48
AMERICAN INSURANCE COMPANY.
Newabe, N. J.
Incorporated February 20, 1846. Commenced business April l, 1846.
F. H. Habbis, PreHdent, J. H. Wobden, Secretary,
Cash Capital, $600,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $253,977.20
Loans on mortgages of real estate (first liens) 1,470,422.06
Interest due and accrued thereon 23,408.95
Yalne of mortgaged premises $8,764,070.00
Insurance held as ooUateral 1,868,460.00
Market value of stocks and bonds $764,440.00
Cash in the company^s office 2,747.60
Cash deposited in bank 83,091.03
Interest due and accrued 8,971.66
Gross premiums in course of collection 44,747.94
Rents due and accrued 1,992.85
Premiums more than three months due $488.62
American Insurance Co.*s stock owned by Co. . . 70,000.00
Gross assets $2,603,799.29
LIABILITIES.
Net amount of unpaid losses $51,404.85
Unearned premiums at fifty per cent, of gross premiums 479,434.84
Commissions and brokerage 8,699.06
Dividends to stockholders unpaid 5,150.15
Dividends to policy-holders unpaid 2,041.00
Gross liabilities, except capital and surplus $546,728.90
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74 Fire and Fire-Marine [Dec. 31^
Paid-np capital $000,000.00
Surplus beyond all liabilities 1,457,070.39
Surplus as regards policy-holders 2,057,070.39
Total liabilities, including capital and surplus $2,603,799.29
INCOME.
Cash received for gross premiums $882,071.86
Deduct re-insuranoe, retmte, and return premiums. . . . 188,868.90
Net cash received for premiums— all fire $522,817.96
Received for interest on mortgages 76,641.78
Interest and dividends from all other sources 35,753.18
Income from all other sources 1,841.10
Gross cash income $636,554.06
EXPENDITURES.
Gross amount paid for losses $»8,647.48
Deduct salvage and re-insurance 11,910.18
Net amount paid for losses— all fire $227,607.29
Dividends paid stockholders 61,225.25
Commissions and brokerage 97,232.85
Salaries and fees of officers and employes 50,176.34
State and local taxes 21,736.64
All other payments and expenditures 31,265.59
Gross cash expenditures $489,243.96
RISKS AND PREMIUMS.
Fire Bi$k9, Premiunu.
In force December 31, 1894 $105,714,667.00 $1,000,573.64
Written or renewed during the year 68,458,777.00 666,794.95
Total $174,173,444.00 $1,667,367.69
Deduct risks expired or terminated 67,216,248.00 668,601.96
In force at the end of the year $106,957,196.00 $998,765.73
Deduct amount re-insured 3,967,066.00 39,897.05
Net amount in force Dec. 31, 1895 $102,990,131.00 $958,868.68
MISCELLANEOUS.
Premiums received from organization to date $9,328,359.50
Losses paid from organization to date 3,820,258.96
Fire losbes incurred during the year 230,499.85
Cash dividends declared since commencing business ' 2,042,360.26
Company's stock owned by the directors, at par value — 28,935.00
Dividends declared during the year (10 per cent) 60,000.00
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1895.] Insubance Companies. 75
BUSINESS IN NEW HAMPSHIKE.
Fire risks written $217,035.00
Premimns received 2,867.81
Losses paid 69.91
Losses incurred 185.16
CONNECTICUT FIRE INSURANCE COMPANY.
Habtfobd, Conn.
Incorporated June, i860. Commenced business Jaly, 1860.
J. D. Bbownx, PreHdent Chables R. Btjbt, Secretary,
Cash Capital, $1,000,000.00.
ASSETS.
Casli value of real estate, less incumbrances thereon $146,626.00
Loans on mortgages of real estate (first Hens) 854,750.00
Valne of lands mortgaged $1,268,176.00
Valne of bnildings thereon 1,196,000.00
Insnrance held as collateral 882,000.00
Market value of stocks and bonds 1,760,605.00
Loans on collateral securities 12,500.00
Cash in the company's office 1,106.74
Cash deposited in bank 162,696.46
Gross premiums in course of collection 252,829.69
Bills receivable, not matured, taken for premiums 1,488.80
Gross assets $3,192,001.69
LIABILITIES.
Net amount of unpaid losses $251,542.00
Unearned premiums at fifty per cent, of gross premiums. . 1,815,821.78
Commissions and brokerage 69,000.00
Gross liabilities, except capital and surplus $1,626,868.78
Paid-up capital $1,000,000.00
Surplus beyond all liabilities 566,187.96
Surplus as regards policy-holders 1,666,187.96
Total liabilities, including capital and snrplus $8,192,001.69
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76 FiBE AND Fibe-Marike [Dec. 31,
INCOME.
Cash reoeired for gross premlams fS,0iS,898.40
Dedact re-lnsanuice, rebate, and return premtoms. . S88,M7.96
Net cash leoeiTed for premiamt^all fire $1,763,140.14
Received for interest on mortgages 50,410.85
Interest and dividends from all other sources 74,500.52
Gross cash income $1,888,147.01
EXPENDITURES.
Gross amount paid for losses $968,486.12
Deduct salvage and re-insoranoe 81,448.40
Net amount paid for losses— all fire $086,086.72
Dividends paid stockholders 100,000.00
Commissions and brokerage 811,878.81
Salaries and fees of officers and employ^ 137,642.78
State and local taxes 88,407.75
All other payments and expenditures 136,755.55
Gross cash expenditures — $1,661,166.06
RISKS AND PREMIUMS.
* Firt BUk». Premium:
In force Dec. 81, 1894 $188,142,484.00 $2,456,177.07
Written or renewed during the year 157,829,888.00 2,046,893.40
Total $345,472,367.00 $4,602,570.47
Deduct risks expired or terminated 134,685,724.00 1,797,185.54
In force at the end of the year $210,786,648.00 $2,705,384.96
Deduct amount re-insured 5,705,450.00 74,741.48
Net amount in force Dec. 81, 1805. . . . $205,081,193.00 $2,630,643.45
MISCELLANEOUS.
Premiums received from organization to date $20,167,385.91
Losses paid from organization to date 11,479,462.98
Fire losses incurred during the year 998,836.72
Cash dividends declared since commencing business 2,005,000.00
Company*s stock owned by the directors, at par value 71,600.00
Dividends declared during the year (10 per cent.) 100,000.00
Amount loaned to officers and directors 28,500.00
Amount loaned to stockholders not officers 4,500.00
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1895.] Insurance Companies. ' 77
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, yiz. :
Value of
atat€ or Chuniry, D^poHte. LiaMUlie*.
Canada $105,000.00 $34,005.00
Oregon 50,500.00 24,096.00
Georgia 28,760.00 16,125.00
BUSINESS IN NEW HAMPSHIRE, 1S95.
Fire ri ska written. .^ $550,000. 00
Premiums received 8,241.88
Losses paid 6,616.03
Losses incurred 6,604.98
CONTINENTAL INSURANCE COMPANY.
New Tobk City.
Incorporated November, 1862. Commenoed basineM January, 1858.
F. C. MooBE, President. Edwabd LAmmro, Secretary.
Cash Capital, $1,000,000.00.
ASSETS.
Cash Tsdue of real estate, less incumbrances thereon 1,062,480.10
Loans on mortgages of real estate (first liens) 107,560.00
Interest due and accrued thereon 2,168.25
Valae of lands mortgaged ,., $188,660.00
Valae of boildings thereon lfi0,4B0.00
Inanrance held as collateral 128,926.00
Market value of stocks and bonds 4,880,494.00
Cash in the company's ofllce 20,702.60
Cash deposited in bank 501,585.06
Interest due and accrued 75,401.15
Gross premiums in course of collection 350,737. 10
Bents due and accrued 4,084.57
Bills receivable, not matured, taken for premiums 191,665.24
preminms more than three months dne $268,701.64
Gross assets $7,216,828.25
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78 Fire and Fibe-Mabike [Dec. 31,
LIABILITIES.
Net amount of unpaid Iobbob $366,713.64
Unearned premiums at fifty per cent, of gross premiums. . 3,418,117.41
Unpaid scrip ordered to be redeemed 29,165.00
Interest due and unpaid 6,139.02
Dividends to stockholders unpaid 38.50
Due and accrued for salaries, rent, and incidental expenses 10,000.00
Commissions and brokerage 107,237.00
Reserve for contingencies 150,000.00
Oross liabilities, except capital and surplus .*. — $4,087,410.57
Paid-up capital $1,000,000.00
Surplus beyond all liabiUties 2,129,417.68
Surplus as regards policy-holders 8,129,417.68
Total liabilities, including capital and surplus $7,216,828.25
INCOME.
Cash received for gross premiums $8368,888.24
Dedaot re-lnaaranoe, rebate, and retom premiums. . . . 441,888.76
Net cash received for premiums— all fire $3,421,484.48
Received for interest on mortgages 6,044.96
Interest and dividends from all other sources 273,107.53
Income from all other sources 40,107.62
Gross cash income $3,740,744.59
EXPENDITURES.
MaHn€
Fir€, and Inland.
Oross amount paid for losses $1,745,88038 $101,201.18
Redact salvage and re-insurance 16,811.06
Met amount paid for losses $1,738,587.»4 $101,201.12
$1,830,789.06
Dividends paid stockholders 153,961.50
Commissions and brokerage 671,646.76
Salaries and fees of officers and employes 296,656.85
State and local taxes 65,255. 12
Interest paid scripholders 187.70
All other payments and expenditures 213,601.12
Gross cash expenditures $3,232,101.11
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1895.] Inscbakce Companies. 79
RISES AND PREMIUMS.
Fire Bi»k9. Premiums,
In force December 81, 1804 $631,902,261.00 $6,533,176.98
Written or renewed during the year. . . 448,578,640.00 3,816,809.10
Total $1,060,586,901.00 $10,849,486.08
Deduct risks expired or terminated. . . . 418,887,601.00 3,469,116.07
In force at the end of the year $667,198,800.00 $6,880,869.96
Deduct amount re-insured 4,908,466.00 44,185.18
Net amount in force Dec. 81, 1895. $662,294,644.00 $6,886,284.88
MISCELLANEOUS.
Premiums received from organization to date $61,888,597.85
Losses paid from organization to date 84,586,782.14
Fire losses incurred during the year 1,761,414.58
Cash dividends declared since commencing business 5,492,856.56
Company* s stock owned by the directors, at par value 174,900.00
Dividends declared during the year (15 2-5 per cent.) 154,000.00
Amount loaned to officers and directors 1,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
8iate or Country, Value of Depoeite, Liabilitiee.
Georgia. $27,500.00 $39,812.59
Virginia 50,000.00 86,156.26
Oregon 56,000.00 16,950.44
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,098,010.00
Premiums received 16,068.88
Losses paid 17,011.69
Losses incurred 14,641.92
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80
Fire and Fire-Mabive
[Dec. 31,
DELAWARE INSURANCE CX)A£PANY.
Philadelphia, Pa.
Incoiporated April 10, 1886. Commenced boslneu Angast 6, 1885.
Tattnall Paulding, President. Hxnbt Ltlbubn, Secretary.
Cabh Capital, $702,875.00.
ASSETS.
Cash value of real estate, less incnmbranoes theieon.
Loans on mortgages of real estate (first liens)
Interest due and accrued thereon
Value of lands mortgaged ....
Value of buildings thereon....
Insurance held as collateral.
$161,000.00
71,500.00
Market value of stocks and bonds
Cash in the company's ofSce
Cash deposited in bank
Gross premiums in course of collection
Rents due and accrued
All other assets
Bills receivable, not matured, taken for premiums.
$i60,ooaoo
112,200.00
1,310.08
067,249.00
60.80
09,672.50
166,514.10
62a84
18,069.31
2,867.26
Gross assets $1,518,500.06
LIABILITIES.
Net amount of unpaid losses
Unearned premiums at fifty per cent, of gross premiums.
Reclaimable on perpetual fire policies
Commissions and brokerage
Dividends to stockholders unpaid
Gross liabilities, except capital and surplus
Paid-up capital $702,875.00
Surplus beyond all liabilities 211,788.75
$58,545.00
449,449.53
81,602.34
14,237.46
97.00
$596,081.33
Surplus as regards policy-holders 914,658.75
Total liabilities, including capital and surplus $1,518,590.06
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1895.] Insurance Companies. 81
INCOME.
Marine
Fir€, and Inland,
GMh reoeired for grou premiums $916,360.60 $168,746.72
Deduct re-inanruioe, rebate, and retom
premiums 230,600.00 87,403.40
Net cash reoeiTed for premiums $686,660.44 $126,844 JQ
$812,004.76
Received for interest on mortgages 6,240.08
Interest and dividends from all other sources 48,422.08
Income from all other sources 11,160.07
Deposit premiums received for perpetual fire risks $7,746.22
Gross cash income $877,886.84
EXPEKDITURES.
MaHne
Fir€. and Inland,
Gross amount paid for losses $882,068Jn $188,184.92
Deduct salvasre and re-insurance 37,028.86 26,266.16
Net amount paid for losses $886,034.96 $167,918.76
$522,043.72
Dividends paid stockholders 42,172.50
Commissions and brokerage 158,413.44
Salaries and fees of officers and employ^ 74,505.25
State and local taxes 80,075.63
Scrip redeemed in cash, including interest 111.20
All other payments and expenditures 77,055.06
Deposit premiums returned on perpetual fire risks $4,816.60
Gross cash expenditures $006,267.70
RISKS AND PREMinM8.
Fir9 BUkt. Premium$,
In force Dec. 81, 1804 $74,241,548.00 $028,460.48
Written or renewed during the year 77,118,473.00 087,060.82
Total $151,360,021.00 $1,866,488.80
Deduct risks expired or terminated 66,770,480.00 826,672.86
In force at the end of the year $84,580,541.00 $1,030,765.04
Deduct amount re-insured 8,824,140.00 120,866.88
Net amount in force Dec. 31, 1805 $75,765,401.00 $018,800.06
Perpetual risks in force $3,324,600.72 $85,807.10
6
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Fire and Firb-Mabine
[Dec. 81,
Marine and
Inland BUk9.
In force Dec. 81, 1894 $11,084,471.00
Written or renewed during the year 17,517,107.00
Total $29,161,578.00
Deduct risks expired or terminated 28,806,246.00
In force at the end of the year. .
Deduct amount re-insured
Net amount in force.
$785,882.00
785,882.00
Pten^ium$.
$21,927.00
118,971.20
$140,896.29
186,756.20
$4,142.09
4,142.09
MISCELLANEOUS.
Premiums received from organization to date $30,467,607.00
Losses paid from organization to date 18,246,809.00
Fire, marine, and inland losses incurred during the year. . . 428,529.00
Cash dividends declared since commencing business 2,529,073.00
Company's stock owned by the directors, at par value 60,900.00
Dividends declared during the year (6 per cent.) 42,172.50
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
aiate or Country. DepoeiU. LiabiliHee.
Virginia $87,000.00 $11,576.19
Georgia 25,625.00 21,018.98
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written $95,685.00
Premiums received 1,369.59
FIRE ASSOCIATION OF PHILADELPHIA.
^ Philadelphia, Pa.
Incorporated March 27. 1820.
E. C. Ibvin, PreHdent.
Commenoed bnalneM September 1, 1817.
Bbkjamin T. Hebkhbsb, Seeretary.
Cash Capital, $500,000.00.
ASSETS.
Cash value of real estate, less encumbrances thereon $202,900.00
Loans on mortgages of real estate (first liens) 1,891,829.61
Interest due and accrued thereon 40,764.44
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1895.] Insurance Companies. 83
Value of lands mortgaged 13,706,416.00
Value of buildings thereon 3,290,802.00
Insurance held as collateral 1,891,820.00
Market value of stocks and bonds $2,408,014.00
Loans on collateral securities 02,090.00
Cash in the company's office 10,500.11
Cash deposited in bank 800,641.20
Interest due and accrued 23,104.11
OroBs premiums in course of collection 616,884.24
Bents due and accrued 880.06
Due for re-insurance on losses paid 4,677.40
Grossassets $6,581,248.06
LIABILITIES.
Net amount of unpaid losses $820,020.84
Unearned premiums at fifty per cent of gross premiums. . 1,816,830.82
Beclaimable on perpetual fire policies 1,024,688.20
Commissions and brokerage 08,081.00
Betum premiums 67,828.10
Be-insurance 24,416.04
Taxes .' 4,312.40
Gross liabilities, except capital and surplus $4,280,000.40
Paid-up capital $600,000.00
Surplus beyond all Uabilities 841,262.67
Surplus as regards policy-holders 1,841,252.67
Total liabilities, including capital and surplus $6,681,248.06
INCOME.
Cash received for gross premiums $8,063,684.11
Deduct re-insurance, rebate, and return premiums. . 588,978JX>
Net cash received for premiums— all fire $2,478,660.81
Beceived for interest on mortgages 111,262.00
Interest and dividends from all other sources 128,481.24
Income from all other sources. 4,678.71
Deposit premiums received for perpetual fire risks, $68,961.26
Gross cash income $2,717,077.85
EXPENDITUBES.
Gross amount paid for losses $1,827,906.96
Deduct salvasre and re-insurance 60,274.44
Net amount paid for losses— all fire $1,277,620.54
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84 FntB AKD Fire-Mabike [Dec. 31,
DiYidends paid Btockholden 200,000.00
GommiBsiong and brokerage 621,914.96
Salaries and fees of officers and employes 300,416.68
State and local taxes 57,848.96
All other payments and expenditures 8,081.10
Deposit premiums retamed on perpetual fire risks, $48,018.06
Gross cash expenditures $2,d80,89a22
RISKS AND PREMIUMS.
In force December 31, 1894 $817,102,414.00 $8,434,088.06
Written or renewed during the year 252,871,760.00 8,024,678.21
Total $569,774,174.00 $6,468,711.26
Deduct risks expired or terminated 215,831,077.00 2,702,557.10
In force at the end of the year $854,448,097.00 $8,756,154.16
Deduct amount re-insured 12,075,069.00 128,474.62
Net amount in force Dec. 81, 1895 $842,868,028.00 $8,632,679.64
Perpetual risks inforoe $87,156,784.00 $2,085,582.48
MISCELLANEOUS.
Premiums received from organization to date $38,754,878.00
Losses paid from organization to date 22,085,856.00
Fire losses incurred during the year 1,346,954.00
Cash dividends declared since commencing business 4,979,762.00
Company* s stock owned by the directors, at par value 40,250.00
Dividends declared during the year (40 per cent) 200,000.00
Amount loaned to stockholders, not officers 2,600.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
atat0 or CfoufOry. DepotiU, LiabUUie9.
Virginia. $28,500.00 $20,318.28
Georgia 27,500.00 25,019.09
Oregon 56,280.00 12,265.79
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written. $674,994.00
Premiums received 10,286.63
Losses paid 9,576.50
Losses incurred 8,848.63
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1895.] Insurance Companies. 85
FIREMAN'S FUND INSURANCE COMPANY.
San Fbancisco, Cai«.
Incorporated May 8, 1888. Oommenoed bnalness June 8, 1868.
David J. Staples, Pretident, Bbbnabd Faymonyillx, Secretary.
Cash Capital, $1,000,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $416,700.00
Loans on mortgages of real estate (first liens) 492,243.85
Interest due and accrued thereon 6,220.31
Value of lands mortKasred $l,Oi
Value of buildings thereon 297,800.00
Insurance held as collateral 182,950.00
Market value of stocks and bonds 1,710,979.00
Loans on collateral securities 178,301.65
Cash in the company's office 8,634.74
Cash deposited in bank 184,662.65
Interest due and accrued 6,865.66
Gross premiums in course of collection 369,500.75
Due for re-insurance on losses paid 25,054.81
Bills receivable, not matured, taken for premiums 40,491.40
All other assets 10,441.07
Gross assets $8,449,096.88
LIABILITIES.
Net amount of impaid losses $125,491.42
Unearned premiums at 50 per oent. on flre risks $1,124,640.18
Unearned premiums at 100 per oent. on marine risks. . . 94,709.68
Total unearned premiums 1,219,249.76
Commissions and brokerage 28,450.91
Marine bills payable 4,485.86
All other liabilities 84,890.86
Gross liabilities, except capital and surplus $1,462,568.81
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86 * Fire and Firb-Mabinb [Dec. 31,
Paid-up capital $1,000,000.00
Surplus beyond all liabilities 988,527.07
Surplus as regards policy-holders. $1,966,527.07
Total liabilities, including capital and surplus $8,449,096.88
INCOME.
MaHne
Fir9. and Inland.
Cash received for groBs premlams $2,154,477.87 $882,171 Jt2
Dedaot re-toBiiraiice, rebate, and retam
premiums 676,888.11 150,881.84
Net cash recelTed for premlnmB $1,469,068.78 $181,790.18
$1,640,878.94
Receiyed for interest on mortgages 26,997.08
Interest and dlTldends from all other sources 104,459.24
Income from all other sources 19,168.15
Gross cash income $1,791,503.85
EXPENDITURES.
MaHn9
Fire. and Inland.
QroBB amount paid for losses $886,914.44 $216,649.68
Dedaot salvage and re-insnranoe 112361.47 92,86849
Net amount paid for losses $724,062.97 $128,686.89
$847,749.26
Dividends paid stockholders 120,000.00
Commissions and brokerage 224,935.85
Salaries and fees of officers and employes 179,027.74
State and local taxes 30,701.61
All other payments and expenditures 164,066.84
Gross cash expenditures $1,556,480.80
RISES AND PREMIUMS.
Fire Si»k§. Premiunu.
In force Dec. 31, 1894 $199,631,382.00 $2,687,001.20
Written or renewed during; the year 179,216,492.00 2^165,868.87
Total $878,847,824.00 $4,742,870.07
Deduct risks expired or terminated 167,900,880.00 2,227,618.47
In force at the end of the year $210,947,444.00 $2,614,766.60
Deduct amount re-insured 19,797,119.00 266,676.24
Net amount in force, Dec. 31, 1896 $191,150,325.00 $2,249,090.36
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1895.] Jnsttbance Cobipakies. 87
Marin* and
Inland Bi9k9. Pr€miun^$.
In force Dec. 31, 1804 $8,820,016.00 $149,575.52
Written or renewed during the year 27,914,784.00 829,747.18
Total $81,736,700.00 $479,322.70
Deduct risks expired or terminated 27,888,145.00 824,180.16
In force at the end of the year $8,897,555.00 $155,162.54
Deduct amount re-insured 1,362,758.00 60,452.96
Net amount in force Dec. 31, 1895 $2,584,797.00 $94,709.58
MISCELLANEOUS.
Premiums received from organization to date $28,489,258.00
Losses paid from organization to date 14,870,424.00
Fire, marine, and inland losses incurred during the year. . 887,040.85
Cash dividends declared since commencing business 2,586,060.00
Company's stock owned by the directors, at par value 185,400.00
Dividends declared during the year (12 per cent.) . . .^ 120,000.00
Amount loaned to officers and directors 21,000.00
Amount loaned to stockholders not officers 64,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
ataie or Country, DepoHU, LiabiUHM.
Georgia. $25,000.00
Oregon 50,000.00 $89,242.86
BUSINESS IN NEW HAMPSHIRE, 1896.
Hre risks written $522,911.57
Premiums received 6,228.25
Losses paid 527.06
Losses incurred 432.06
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88 Fire and Fire-Masini: [Dec. 81,
GREENWICH INSURANCE COMPANY.
New York City.
Incorporated May 6, 188A. Gommenoed buaineaa January 1, ms.
Hason a. Stoke, President. Kicholas W. Mbserole, Secretary,
Cash Capital, $200,000.00.
ASSETS.
Cash value of real estate, less Incumbrances thereon $200,000.00
Loans on mortgages of real estate (first liens) 1,100.00
Interest due and accrued thereon 38.00
Value of lands mortgAged. $6,000.00
Value of boildlncrs thereon 8,000.00
Insuranoe held as collateral 8,000X0
Market value of stocks and bonds 001,250.00
Loans on collateral securities 1,400.00
Cash in company's office 1,225.75
Cash deposited in bank .' 94,700.86
Interest due and accrued S0.00
Gross premiums in course of collection 151,583.06
Bills receivable, not matured, taken for premiums 21,005.08
Premiums more than three months due $61,106.86
Gross assets $1,873,318.29
LIABILITIES.
Ket amount of impaid losses $201,494.20
Unearned premiums at fifty per cent, of gross premiums. . 796,608.56
Reclaimable on perpetual fire policies 981.50
Commissions and brokerage 24,000.00
Return premiums 600.00
Bills payable 845.00
Taxes. 2,500.00
Gross liabilities, except capital and surplus $966,979.26
Paid-up capital $200,000.00
Surplus beyond all liabilities 206,389.03
Surplus as regards policy-holders 406,339.03
Total liabilities, including capital and surplus $1,373,S1&29
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1895.]
Insurance Companies.
89
INCOME.
IHr9. Inland,
C«ah received for gross premiums $1406,015.89 $146,536.16
Deduct re-lnsorance, rebate, and return
premiums 215»008JS1 18,826.65
Net cash received for premiums..
$802,047.18 $182,689.60
$1,024,746.68
139.16
42,879.87
17,126.02
Gross cash income $1,084,390.78
EXPENDITURES.
Beceiyed for interest on mortgages
Interest and dividends from all other sources.
Income from all other sources
Gross amount paid for losses
Deduct salvage and re-insurance .
Net amount paid for losses . . .
Fire. Inland.
1640,584.56 $145,880.97
56,806.05 17,842.85
$488,778.51 $128,088.62
$611,817.18
20,000.00
190,931.08
102,279.84
14,896.04
84,446.07
Gross cash expenditures $1,024,869.16
Dividends paid stockholders
Commissions and brokerage
Salaries and fees of officers and employes.
State and local taxes
All other payments and expenditures
RISES AND PREMIUMS.
Fire Bieke, Premium:
In force Dec. 31, 1894 $248,982,906.00 $1,612,686.78
Written or renewed during the year 162,991,012.00 1,170,949.04
Total., $401,928,920.00 $2,688,486.77
Deduct risks expired or terminated 161,102,927.00 1,182,040.88
In force at the end of the year $240,820,993.00 $1,601,446.44
Deduct amount re-insured 18,408,268.00 108,719.89
Net amount in force Dec. 81, 1896 $222,412,735.00 $1,897,726.66
Marine and
Inland Sieke.
In force Dec. 81, 1894 $1,860,145.00
Written or renewed during the year 88,676,054.00
Premiume.
$60,884.67
188,642.41
Total $86,586,199.00 $198,977.08
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90 FiKE AKD Firk-Marine [Dec. 31,
Deduct risks expired or terminated $32,0T7,228.00 $117,038.00
In force at the end of the year. $2,558,971.00 $81,838.18
Deduct amount re-insured 142,450.00 4,811.CX)
Net amount in force Dec. 31, 1805 $2,416,521.00 $76,526.58
MISCELLANEOUS.
Premiums received from organization to date $16,037,508.00
Losses paid from organization to date 10,207,tN)4.00
Fire, marine, and inland losses incurred during the year. . . 632,830.86
Cash dividends declared since commencing business 2,090,000.00
Company's stock owned by the directors at par value 79,075.00
Dividends declared during the year (10 per cent) 20,000.00
Amount loaned to stockholders not officers 1,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Valu9 qf
state or Cfowntry. DepotiU, LiabiliHe:
Georgia $25,687.50 $25,063.53
Virginia 11,000.00 5,512.17
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $208,502.25
Premiums received 2,855.44
Losses paid 118.47
Losses incurred '. 118.47
HARTFORD FIRE INSURANCE COMPANY.
Habtfobd, Conn.
Incorporated May, 1810. Commenced business Angost, 1810.
Gboboe L. Chabb, PresidenU P. C. Rotce, 8eeretanf.
Cash Capital, $1,250,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $385,775.00
Loans on mortgages of real estate (first liens) 1,316,000.00
Interest due and accrued thereon 24,177.22
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1895.] Insurance Companies. 91
Value of lands mortgaged $1,000,01
Valae of boUdlngB thereon 2,200,635.00
Insorance held as collateral 860,778Un
Market value of stocks and bonds $6,841,629.00
Loans on collateral seooritiies 9,800.00
Cash in the company*s office 8,784.19
Gash deposited in bank 1,079,507.76
Gross premiums in course of collection 1,042,418.69
Bents due and accrued 820.23
State tax due from non-resident stockholders 20,800.40
Gross assets $9,829,218.09
LIABILITIES.
Net amount of unpaid losses $999,081.08
Unearned premiums at fifty per cent of groaB prendums. . 4,884,928.60
Commissions and brokerage 75,000.00
Gross liabilities, except capital and surplus $5,059,009.68
Paid-up capital $1,260,000.00
Surplus beyond all liabilities 2,920,208.41
Surplus as regards policy-holders. 4,170,208.41
Total liabilities, including capital and surplus $9,229,213.09
INCOME.
Cash reoeived for gross premiams $6,081,881.00
Deduct re-insaranoe, rebate, and retaro premiums. . . . 960,106.06
Net cash received for premiums— all fire $6,692,226.08
Beceiyed for interest on mortgages 76,989.32
Interest and dividends from all other sources 268,880.79
Income from all other sources 7,921.89
Gross cash income $6,045,917.58
EXPENDITUBES.
Gross amount paid forlosses $8,457,988.79
Deduct salvage and re-insoranoe 178,748.68
Net amount paid for losses— all fire $8,284,189.11
Dividends paid stockholders 825,000.00
Commissions and brokerage 960,877.44
Salaries and fees of officers and employes 421,902.97
State and local taxes 107,810.18
All other payments and expenditures 482,528.58
Gross cash expenditures $5,581,808.28
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92 FiBB AND Firb-Mabine [Dec. 81,
rise:s and premitjhs.
Fire SUk9» Premimme.
In force Deo. 31, 18M. $602,113,111.00 $8,405,715.«2
Written or renewed during the year. .... 607,025,724.00 6,706,471.58
Total $1,199,188,835.00 $15,112,187.20
Deduct riskB expired or terminated 477,047, liaOO 6,157,501.26
In force at the end of the year. $722,001,717.00 $8,954,505.94
Deduct amount re-insured 14,626,107.00 184,7S&72
Net amount in force Dec. 31, 1895 $707,465,610.00 $8,769,857.22
MISCELLANEOUS.
Premiums receiyed from organization to date $83,673,149.16
Losses paid from organization to date •^,763,382.46
Fire losses incurred during the year 3,299,020.19
Cash dividends declared since commencing business 8,013,100.00
Company's stock owned by the directors, at par value 181,700.00
Dividends declared during the year (26 per cent.) 325,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
ataie or Country. DepoeiU, LiabilUie:
Canada $110,552,80 $102,583.25
Georgia. 26,250.00 83,251.98
Virginia 52,500.00 58,127.97
Oregon 200,000.00 14,765.25
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,186,547.00
Premiums received 17,780.40
Losses paid 8,199.28
Losses incurred 7,401.92
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1895.] Insubakcb Companies. 93
HOME INSURANCE COMPANY.^
New Yobk City.
Incorporated April, 18S8. Gommenoed baslness April IS* 1858.
Davisl a. Heald, PreHderU, William L. Bioelow, Secretary,
Cash Capital, $8,000,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $1,706,896.91
Loans on mortgages of real estate (first liens) 463,009.18
Interest due and accrued thereon 11,029.84
Value of lands mortgaged. $744,510.00
Value of Imildlngs thereon 487,176.00
Inanranoe held as collateral 279,400.00
Market value of stocks and bonds 6,220,845.93
Loans on collateral securities 426,660.00
Cash deposited in bank . 469,914.59
Interest due and accrued 41,166.08
Gross premiums in course of collection. 611,264.45
Bills receivable, not matured, taken for premiums 3,962.61
Preminnu more than three months dne $4,701.10
Gross assets $9,868,628.54
LIABILITIES.
Net amount of unpaid losses $571,731.41
Unearned premiums at 50 per oent. on fire and Inland
risks $4,^8,200.00
Unearned premioms at 100 per cent, on marine risks 87,800.00
Total unearned premiums 4,466,666.00
Dividends to stockholders unpaid 300.00
Commissions and brokerage 76,613.00
Re-insurance 104,869.72
Gross liabilities, except capital and surplus $5,218,080.13
Paid-up capital $8,000,000.00
Surplus beyond all liabilities 1,685,648.41
Surplus as regards policy-holders 4,635,548.41
Total liabilities, including capital and surplus $9,863,628.64
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94
FiBE AND FiBE'MaBINE
[Dec. 31,
INCOME.
Marin0
Fire, and Inland,
Oaah received for gross premlnms $6,976,741.19 $270,989.97
Deduct re-Insurance, rebate, and retam
premiums 1,286,471.66 82,280.27
Net cash recelred for premiums. .
$4,740,289.61 $188,019.40
Received for interest on mortgages
Interest and dividends from all other sources.
Income from all other soarces
$4,928,289.01
26,783.35
311,454.26
117,297.16
Gross cash income $6,i
EXPENDITURES.
Marine
Fire. and Inland.
Gross amount paid for losses $8,097,986.18 $97,961.67
Deduct salvage and re-insurance 600,949.87 20,886.41
Net amount paid for losses $2,697,086.81 $77,146.96
$2,674,182.07
800,150.00
882,771.07
899,552.86
88,827.59
337,66aOT
Gross cash expenditures $4,683,134.16
Dividends paid stockholders
Commissions and brokerage.
Salaries and fees of officers and employes.
State and local taxes
All other payments and expenditures
RISKS AND PREMIUMS.
In force Dec. 31, 1894
Written or renewed during the year.
Fire Biake. Premiume.
$921,006,704.00 $9,091,963.00
644,799,200.00 5,987,862.12
Total $1,565,805,913.00 $15,079,815. 12
Deduct risks expired or terminated 615,665,258.00 5,775,095.12
In force at the end of the year $950,140,655.00 $9,304,720.00
Deduct amount re-insured 99,306,639.00 567,626.00
Net amount in force Dec. 31, 1895. . . $850,834,016.00 $8,737,094.00
In force Dec. 31, 1894
Written or renewed during the year.
Total.
Marine and
Inland Bieke.
$7,221,978.00
65,887,821.00
Premiuma.
$183,081.00
266,040.92
$73,109,799.00 $449,071.92
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1895.] Iksu&akcb Companies. 95
Dednot risks expired or terminated $05,548,194.00 $257,710.92
In force at the end of the year $7,566,605.00 $191,361.00
Deduct amount re-insured 1,435,787.00 84,629.00
Net amount in force Dec. 81, 1895 ... $6, 180,818.00 $156,782.00
MISCELLANEOUS.
Premiums received from organization to date $111,056,298.76
Losses paid from organization to date 66,885,843.20
Fire, marine, and inland losses incurred during the year 2,748,277.61
Cash dividends declared since commencing business 9,715,000.00
Company^s stock owned by the directors, at par value. . . 187,800.00
Dividends declared during the year (10 per cent.) 300,000.00
Amount loaned to directors 87,800.00
Amount loaned to stockholders, not officers 17,600.00
Amounts deposited for the exclusive protection of pol-
icy-holders in other states or countries, as follows, viz. :
Value of
SiaU or Country. DopoeiU. LiabilUiM,
Virginia $60,000.00 $53,841.68
Georgia 25,000.00 44,422. 13
Oregon 56,260.00 31,512.15
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $8,253,893.00
Premiums received 25,103.72
Losses paid 5,025.73
Losses incurred 6,588.56
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96 Fire and Fire-Mabinb [Dec. 81,
INSURANCE COMPANY OF NORTH AMERICA.
Philadelphia, Pa.
Incorporated April 14, 1794. Commenced buslnesa 1792.
Chables Platt, PreHdent Gbeville E. Fbyxb, SecreUary.
Cash Capital, $8,000,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $401,205.02
Loans on mortgages of real estate (first liens) 2,454,733.76
Interest due and accrued thereon 40,473.66
y aloe of mortgaged premises $6,878,427.00
Insaranoe held as collateral 2,284,816.00
Market value of stocks and bonds 4,748,630.88
Loans on collateral securities 13,400.00
Cash deposited in bank 759,025.96
Gross premiums in course of collection 828,923.56
Bills receivable, not matured, taken for premiums 05,061.74
Due for re-insurance on losses paid 21,112.26
Gross assets $9,888,706.94
Items not Admittbd.
Book debts due the company $168,906.89
LIABILITIES.
Net amount of unpaid losses $458,078.58
Unearned premiums at 60 per cent, on fire risks $2,906,682.90
Unearned premiums at 100 per cent, on marine risks. 268,000.00
Total unearned premiums 3,158,082.90
Beolaimable on perpetual fire policies 779,739.28
Commissions and brokerage 35,000.00
Be-insuranoe 35,199.54
Bills payable 2,805.07
Gross liabilities, except capital and surplus $4,404,505.87
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1895.] Insubance Companies. 97
Paid-ap capital $8,000,000.00
Surplus beyond aU liabilities 1,869,201.67
Surplus as regards policy-holders 4,809,201.57
Total liabilities, including capital and surplus $9,888,766.94
INCOME.
Mwrine
Fire, and Inland,
Cash received for ffross premiums $4,880,646^1 $2,260,681.06
Deduct re-insunukoe, rebate, and return
premiums 886,282012 686,18BJS8
Net cash reoeived for premiums 84,026,864.48 $1,616,666.68
$6,640,920.02
Received for interest on mortgages. 147,994.00
Interest and dividends from all other sources 227,977.26
Income from all other sources. 8,116.47
Deposit premiums received for perpetual flre risks $22,246.82
Gross cash income $6,025,007.75
EXPENDITURES.
Marine
Fire, and Inland,
Gross amount paid for losses $2,206,241.08 $2,888,878.10
Deduct salvage and re-lnsnranoe 66,686.88 1,082,888.11
Net amount paid for losses $2,188,664.20 $1,766,620.88
$3,906,075.19
Dividends paid stockholders 860,000.00
Commissions and brokerage 1,001,120.15
Salaries and fees of officers and employes 287,978.73
State and local taxes 117,268.74
All other payments and expenditures 335,390.48
Gross cash expenditures $6,007,828.29
RISES AND PREMIUMS.
Fire Bieke, Premiume,
In force Dec. 81, 1894 $599,678,684.00 $6,655,688.97
Written or renewed during the year. ...... 610,660,537.00 4,861,863.96
Total $1,210,384,221.00 $10,517,547.93
Deduct risks expired or terminated 673,501,639.00 4,530,005.50
In force at the end of the year $636,832,582.00 $5,987,542.43
7
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98 FiBB AND Fire-Majune [Dec. 31,
Deduct amount re-Insured $17,441,684.00 $174,176.84
Net amount in force Deo. 31, 1805 $619,300,948.00 $5,813,365.79
Perpetual risks in force $33,899,459.69 $856,446.62
Marifu and
Inland BUk: Prtmimm,
In force Dec. 81, 1894 $21,663,710.00 $867,117.53
Written or renewed during the year 373,366,976.00 2,167,175.46
Total $895,080,686.00 $2,534,292.99
Deduct risks expired or terminated 353,030,686.00 2,282,292.99
In force at the end of the year $42,000,000.00 $252,000.00
MISCELLANEOUS.
Premiums received from organization to date
Losses paid from organization to date
Fire, marine, and inland losses incurred during the year
Cash dividends declared since commencing business
Company* s stock owned by the directors, at par value. . .
Dividends declared during the year (12 per cent.)
Amount loaned to officers and directors
Amount loaned to stockholders not officers
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
$121,118,186.96
85,345,528.32
3,986.249.43
13,293,984.25
260,000.00
860,000.00
11,000.00
2,400.00
Value cf
Siaie or Country, DepotiU.
Georgia...'. $28,000.00
Virginia 53,000.00
Oregon 56,500.00
Canada 111,000.00
lAaHlUie*.
$40,895.06
22.071.36
15,000.70
64,714.66
BUSINESS IN NEW HAMPSHIRE, 1805.
Pire risks written $2,271,881.00
Premiums received 86,880.77
Losses paid 12,10ai4
Losses incurred 0,510.66
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1895.] Insurancb Companies. 99
MERCANTILE FIRE AND MARINE INSURANCE
COMPANY.
BOBTOH, MABS.
Incorporated Febmary 11, 1828. Commenoed buslneM May, 1828.
Georqs R. RoeEBS, PreHdent, Jameb Simpson, Secretary.
Cash Capital, $400,000.00.
ASSETS.
Loans on mortgages of real estate (first liens) $00,000.00
Interest due and accrued thereon 660.00
Value of lands mort^rASred $97,800.00
Value of buildings thereon 97,800.00
Insurance held as collateral 100,000.00
Market value of stocks and bonds 452,608.00
Cash in the company^s office 2,551.59
Cash deposited in bank 45,258.84
Interestdue and accrued 1,216.67
Gross premiums in course of collection 22,780.67
Bills receivable, not matured, taken for premiums 82.74
Oross assets $615,178.10
LIABILITIES.
Net amount of unpaid losses $25,145.00
Unearned premiums at fifty per cent, of gross premiums .... 146,918.42
Dividends to stockholders unpaid 106.00
Due and accrued for salaries, rent, and incidental expenses. . 661.84
Commissions and brokerage 8,006.08
Return premiums 2,187.08
Re-insurance 620.06
Gross liabilities, except capital and surplus $170,687.70
Paid-up capital $400,000.00
Surplus beyond all liabilities 85,540.40
Surplus as regards policy-holders 485,540.40
Total liabilities, including capital and surplus $615,178.10
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100 Fire and Firb-Mabike [Dec. 31,
INCOME.
MaHnm
Fire, and Inland,
Cash reoelFed for gross premiums. ... $285,096.91 $8,784.97
Deduct re-lnsoranoe, rebate, and return pre-
miums 47,789.82
Net cash reoeived for premiums $187,889.09 $8,784^^7
$191,064.06
Received for interest on mortgages 3,624.62
Interest and dividends from all other sources. 18,160.57
Gross cash income $212,858.25
EXPENDITURES.
MaHne
Fire, and Inland.
Gross amount paid for losses $71,407.88 $205.61
$71,703.34
Dividends paid stockholders 23,802.00
Commissions and brokerage 42,709.46
Salaries and fees of officers and employ^ 19, 143.42
State and local taxes 3,825.44
All other payments and expenditures 16,620.48
Gross cash expenditures $177,894.14
RISKS AND PREMIUMS.
Fire Bieke. Premiumt.
In force Dec. 31, 1894 $27,068,788.00 $296,504.01
Written or renewed during the year 21,683,939.00 236,169.52
Total $49,652,722.00 $532,673.53
Deduct risks expired or terminated 20,662,759.00 207,553.15
In force at the end of the year $29,089,968.00 $825,120.38
Deduct amount re-insured 2,902,594.00 31,283^
Net amount in force Dec. 31, 1895 $26,187,369.00 $293,836.84
Marine and
Inland Bieke. Premiume.
In force Dec. 31, 1894
Written or renewed during the year $1,594,265.00 $2,156.03
Total $1,594,255.00 $2,156.03
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1895.] Insurance Companies. 101
Deduct risks expired or terminated $1,694,265.00 $2,166.08
In force at the end of the year.
MISCELLAiraOUS.
Premiums received from organization to date $8,163,898.00
Losses paid from organization to date 5,710,686.00
Fire, marine, and inland losses incurred during the year. . . 87,069.00
Cash dividends declared since commencing business 2,196,720.00
Company* s stock owned by the directors, at par value 11,000.00
Dividends declared during the year (6 per cent.) 24,000.00
BUSINESS IK NEW HAMPSHIRE, 1895.
Pire risks written $847,996.00
Premiums received 4,109.10
Losses paid 1,291.06
Losses incurred 1,217.49
MERCHANTS' INSURANCE COMPANY.
Newabk, N. J.
Incorporated February 18, 1866. Oommenced business April 18, 1866.
G. LsE Stottt, PreMdent. J. R. Mttllikik, Secretary.
Cash Capital, $400,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $802,948.25
Loans on mortgages of real estate (first liens) 295,400.00
Interest due and accrued thereon 5,680.89
Value of lands mortgaged $447,760.00
Value of buildings thereon 280,000.oa
Insurance held as collateral 787360.00
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102 Fire akd Fibe-Masinb [Dec. 31,
Market yalue of stocks and bonds $696,880.00
Loans on collateral securitieB 6,500.00
Cash in the company's office 10,290.23
Cash deposited in bank 59,961.98
Interest due and accmed 5,812.51
Gross premiums in course of collection 127,419.87
Rents due and accrued 1,907.42
Due for re-insurance on losses paid 249.89
Premiums more than three months due $18,886.89
Gross assets $1,452,283.94
LIABILITIES.
Net amount of unpaid losses $110,002.28
Unearned premiums at fifty per cent, of gross premiums.. 652,905.07
Unpaid scrip ordered to be redeemed 885.00
Interest due and unpaid 84.52
Commissions and brokerage 16,916.69
Return premiums 10,244.02
R&-insurance 1,452.26
Taxes ' 1,285.74
All other liabilities 7,006.54
Gross liabilities, except capital and surplus $799,682.10
Paid-up capital $400,000.00
Surplus beyond all liabilities 252,601.84
Surplus as regards policy-holders 652,601.84
Total liabilities, including capital and surplus $1,452,288.94
INCOME.
Cash received for gross preminms $1,114,477.28
Deduct re-insuranoe, rebate, and return premiums. . 182,064.88
Net cash received for premiums— all fire $992,442.35
Received for interest on mortgages 16,867.47
Interest and dividends from ail other sources 90,256.58
Income from all other sources 16,005.69
Gross cash income $995,572.09
EXPENDITURES.
Gross amount paid for losses $482,081.56
Deduct salvage and re-insurance 10,48880
Net amount paid for losses— all fire $471,603.25
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1895.] Insurance Companies. 103
DivideDds paid Btockholders $24,000.00
Commiflflions and brokerage 178,571.90
Salaries and fees of officers and employ^ 45,238.69
State and local taxes 82,500.00
All other payments and expenditures 108,670.86
Gross cash expenditures $855,584.20
BISES AND PREMIUMS.
Fire Bi$k$. PrwniufiM.
In force December 81, 1894 $109,470,460.00 $1,218,118.59
Written or renewed during the year 97,901,886.00 1,118,989.49
Total $207,872,286.00 $2,882,108.06
Deduct risks expired or terminated 84,809,468.00 991,139.04
In force at the end of the year $122,562,818.00 $1,840,964.04
Deduct amount re-insured 8,778,839.00 85,158.89
Net amount in force Dec. 81, 1895 $^18,788,979.00 $1,805,810.15
MISCELLANEOUS.
Premiums received from organization to date $14,400,870.85
Losses paid from organization to date 8,245,111.51
Fire losses incurred during the year 479,844.20
Cash dividends declared since commencing business 982,219.00
Company's stock owned by the directors, at par value 91,675.00
Dividends declared during the year (6 per cent.) 24,000.00
Amount loaned to officers and directors 6,500.00
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written $418,188.90
Premiums received 5,088.20
Losses paid 500.20
Losses incurred 987.72
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104 FiBB AND FnuE-MABoiB Dec. 81,
MUTUAL FIRE INSURANCE COMPANY.
Nbw Yobk City.
Incorporated February 1, 1889. Commenced business Jane 19, UBL
R. A. LoEWENTHAL, President. William A. Fbajtcis, SecrHwry,
Cash Capital, $225,000.00.
ASSETS.
Market value of stocks and bonds $847,800.00
Cash in the company's office 6,914.72
Cash deposited in bank 77,624.25
Interest due and accrued 6,461.00
Gross premiums in course of collection 02,748JO
Gross assets $1,029,008.87
LIABILITIES.
Net amount of unpaid losses $72,210.68
Unearned premiums at fifty per cent, of gross premiums. . 338,867.78
Commissions and brokerage 9,400.00
Due for borrowed money 75,000.00
Gross liabilities, except capital and surplus $495,484.41
Paid-up capital $225,000.00
Surplus beyond all liabilities. 808,518.86
Surplus as regards policy-holders 533,618.80
Total liabilities, including capital and surplus $1,029,008.27
INCOME.
Cash reoeiyed for gross premioms $98e,9A7X>7
Dedaot re-insnranoe, rebate, and return premioms — 278,140.96
Net cash received for premiums — all fire $716,806.11
Interest and dividends from all sources 85,826.48
Gross cash income $752,682.50
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1895.] Insurance Companies. 105
EXPENDITURES.
OroM amoimt paid for lOBses $607,088.98
Deduct salTaire and re-insoranoe 28,968.00
Net amount paAd for losses— all fire $488,770.38
Dividends paid stockholders 21,005.54
Interest paid scripholders 11,806.76
Commissions and brokerage 96,889.14
Salaries and fees of officers and employes 52,488.54
State and local taxes 17,788.85
All other payments and expenditures 96,254.58
Gross cash expenditures — $780,448.69
RISKS AND PREMIUMS.
Fire BUkB. PremiumB.
In force Dec. 81, 1894 $80,500,856.28 $968,806.82
Written or renewed during the year 84,821,789.82 951,117.47
Total $165,822,596.05 $1,919,924.29
Deduct risks expired or terminated 104,857,569.42 1,240,721.97
In force at the end of the year $60,965,026.68 $679,202.82
Deduct amount re-insured 157,058.00 1,466.77
Net amount in force Dec. 81, 1895 $60,807,968.68 $677,785.55
MISCELLANEOUS.
Ihremiums received from organization to date $9,174,774.04
Iiosaes paid from organization to date 5,920,987.58
Fire losses incurred during the year 417,968.48
Gash dividends declared since commencing business 787,964.21
Company's stock owned by the directors, at par value 88,460.88
Dividends declared during the year 21,9(<5.54
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $286,500.00
Premiums received 8,211.65
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106 FmE AND Fibb-Mabine [Dec. SI,
NATIONAL FIRE INSURANCE COMPANY.
Habtfobd, Comr.
Incorporated November 27, 1B71. Commenoed buslnese December 1, 1871.
Jambs Nichols, PreHdent, E. G* Bichabdb, Secretary.
Cash Capital, $1,000,000.00.
ASSETS.
Cash yalue of real estate, less incumbrances thereon. $263,480.75
Loans on mortgages of real estate (first liens) 685,568.97
Interest due and accrued thereon 16,104.34
Value of lands mortgage $1,066,250.00
Value of buildings thereon 066,900.00
Insurance held as collateral 567,660.00
Market value of stocks and bonds 2,268,686.00
Cash in the company's office 1,081.40
Cash deposited in bank 224,250.40
Oress premiums in course of collection 401,115.88
Grossassets $8,860,141.74
LIABILITIES.
Net amount of unpaid losses $210,573.09
Unearned premiums at fifty per cent, of gross premiums 1,791,030.48
Commissions and brokerage 66,828.66
Return premiums 44,804.26
Gross liabilities, except capital and surplus $2,112,822.09
Paid up capital $1,000,000.00
Surplus beyond all liabilities 747,319.65
Surplus as regards policy-holders 1,747,819.65
Total liabilities, including capital and surplus $8,860,141.74
INCOME.
Cash received for gross premiums $2,882,908.61
Deduct re-insuranoe, rebate, and return premiums. . 004,879.00
Net cosh received for premiums— all fire $2,378,588.52
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1895.] Insurance Companies. 107
Received for interest on mortgages $89,519.64
Interest and dividends from all other sources 104,576.87
Oross cash income $2,622,685.08
EXPENDITURES.
Gross amonnt paid for losses tl,4Sl,227.96
Deduct salvage and re-insarance 160,876^7
Net amount paid for losses— all fire $1,800,551.88
Dividends paid stockholders 100,000.00
Commissions and brokerage 425,554.77
Salaries and fees of officers and employes 178,758.98
State and local taxes 68,468.65
AH other payments and expenditures 181,906.18
Oross cash expenditures $2,250,286.91
RISKS AND PREMIUMS.
Fire BUk9, Premiunu,
In force Dec. 81, 1894 $291,548,482.00 $8,578,811.01
Written or renewed during the year 288,662,764.00 2,907,842.88
Total $580,206,196.00 $6,486,658.89
Deduct risks expired or terminated 220,923,204.00 2,674,146.18
In force at the end of the year $809,282,992.00 $8,812,507.26
Deduct amount re-insured 16,229,586.00 280,446.29
Net amount in force Dec. 81, 1895 $298,058,406.00 $8,582,060.97
MISCELLANEOUS.
Premiums received from organization to date $19,765,758.92
Losses paid from organization to date 10,808,902.58
Fire losses incurred during the year 1,249,746.82
Cash dividends declared since commencing business 2,077,000.00
Company^ s stock owned by the directors, at par value 78,900.00
Dividends declared during the year (10 per cent.) 100,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country, DepoeiU, LiaHlitiee,
Virginia $50,000.00 $19,868.21
Georgia 27,500.00 16,490.88
Oregon 50,000.00 14,279.04
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108 FiBE AND FmB-MiOUME [Dec. 81,
BUSINBSS IN NEW HAMPSHIBE, 1895.
Jire rislM written $1,272,456.00
Premiums Teceived 17,452.1$
Lossed paid 0,901.65
Losses incurred 7,071.96
NIAGARA FIRE INSURANCE COMPANY.
Nkw Yobk Cmr.
Incorporated July, 1860. Oommenoed business August, U80.
Thomas F. Goodrich, President. Oeobgb C. Howx, Secretary,
Gash Capitax, $500,000.00.
ASSETS.
Cash yalue of real estate, less incumbrances thereon $965,600.00
Loans on mortgages of real estate (first liens) 25, 150.00
Interest due and accrued thereon. 080.00
Value of lauds mortgaged $29,8004)0
Value of buildings thereon M.000.00
Insurance held as collateral 82,400.00
Market value of stocks and bonds 7O3,3ia00
Cash in the company^s office 21,747.58
Cash deposited in bank 134,922.96
Interest due and accrued 2,476.45
Gross premiums in course of collection 191,047.31
Rents due and accrued 5,217.85
Bills receivable, not matured, taken for premiums 1,685.00
Due for re-insurance on losses paid 28,142.40
Gross assets $2, 1 89,879. 71
LIABILITIES.
Net amount of unpaid losses $171,523.85
Unearned premiums at fifty per cent, of gross premiums. . 1,105,675.55
Dividends to stockholders unpaid 258.50
Commissions and brokerage 90,567.66
Re-insurance 9,008.66
Gross liabilities, except capital and surplus $1,817,629.18
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1895.] Insusakck Compakixs. 109
Paid-up capital $600,000.00
Surplus beyond all liabiUties 872,260.50
Surplus as regards policy-holders $872,260.60
Total liabilities, including capital and surplus $2,180,870.71
INCOME.
Marine
Fire. and Inland.
Gash received for proas premimnB $2,180,886.98 $18,866.68
Deduct re-insurance, rebate, and retnm
premiums <S6,»0.90 18,088.65
Met cash reoeiyed for premiums $1,666,616.06 $769.08
$1,666,386.06
Received for interest on mortgages 1,416.00
Interest and diTidends from all other sources 82,148.56
Income from all other sources 20,084.44
Gross cash income $1,710,968.06
EXPENDITURES.
MaHne
Fire, and Inland.
Orofls amount paid for losses $886,8384M $66,817.16
Deduct salvage and re-insuranoe 74,912.90 18,806 JB
Net amount paid for losses $781,716.44 $88,010.78
$810,726.22
Dividends paid stockholders 50,142.50
Commissions and brokerage. 284,694.71
Salaries and fees of officers and employes 148,889.66
State and local taxes 34,670.74
All other payments and expenditures 118,628.76
Gross cash expenditures $1,466,602.48
RISES AND PREMIUMS.
Fire BUke. Premiuma.
In force Dec. 81, 1894 $261,959,126.00 $2,601,096.86
Written or renewed during the year 200,666,469.00 2,069,894.88
Total $462,614,694.00 $4,660,491.19
Deduct risks expired or terminated 172,986,986.00 1,914,064.09
In force at the end of the year $279,577,658.00 $2,646,427.10
Deduct amount re-insured 40,614,858.00 485,075.99
Net amount in force Dec. 81, 1896 $289,068,800.00 $2,211,861.11
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110
FntB AND Fisb-Mabike
[Dec. 81,
Marine and
Inland BUk9. PrenUum*.
In force Dec. 81, 1894 ! $1,678,804.00 $50,7ia58
Written or renewed daring the year. 314,775.00 8,098.75
Total $1,098,07».00 $60,404^3
Deduct risks expired or terminated 675,972.00 18,274.10
In force at the end of the year $1,817, 107.00 $41, 130.28
Deduct amount re-insured 1,317,107.00 41,180.23
Net amount in force Dec. 81, 1895
MISCELLANEOUS.
Premiums received from organization to date $30,008,956.22
Losses paid from organization to date 20,202,412.82
Fire, marine, and inland losses incurred during the year. . 795,021.68
Cash dividends declared since commencing business 2,384,000.00
Company^ s stock owned by the directors, at par value 114,860.00
Dividends declared during the year (10 per cent.) 50,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
8kUe or Gcnmtry. Depoeita.
Georgia $27,500.00
Virginia 27,500.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written. . .
Premiums received.
Losses paid
Losses incurred
$716,424.00
11,701.78
4,490.83
5,941.77
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1895.] Insurance Companies. Ill
ORIENT INSURANCE COMPANY.
Habtfobd, Conn.
Incorporated JuQe, 1867. Commenced business January, 187S.
Chablbs B. Whttino, President, James U. Taivtob, Secretary.
Gash Capftai., $600,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $48,219.86
Loans on mortgages of real estate (first liens) 108,414.80
Interest due and accrued thereon 2,834.44
Value of mortgaged premises $818,620.00
Insurance held as collateral 124,000.00
Market value of stocks and bonds 1,506,156.14
Loans on collateral securities 6,080.00
Cash in the company's office 5,264.87
Cash deposited in bank 113,406.81
Interest due and accrued 9,644.10
Gross premiums in course of collection 266,511.96
Rents due and accrued 732.47
Gross assets $2,242,208.46
LIABILITIES.
Ket amount of unpaid losses $190,267.31
Unearned premiums at fifty per cent, of gross premiums. . 969,373.95
Commissions and brokerage 46,406.31
Gross liabilities, except capital and surplus $1,206,047.57
Paid-up-capital $500,000.00
Surplus beyond aU liabiUties 687,166.88
Surplus as regards policy-holders 1,087,166.88
Total liabilities, including capital and surplus $2,242,203.46
INCOME.
MaHne
Fire. ai^ Inland.
Cash received for gross premiums $1,802,738.10 $80,727.22
Deduct re-lnsnrance, rebate, and retam
premlnms 416,107.01 12,600.40
Net cash received for premiums $1,886,616.18 $77,186.82
$1,468,768.00
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112 FntB AND FiBE-MARiins [Dec. 31,
Receiyed for interest on mortgages. $10,552.27
Interest and dividends from all other sources 74,196.25
Income from all other sources 1,016.41
Gross cash income $1,540,457.93
EXPENDITURES.
Marine
Fire, and Inland.
OrosB amonnt paid for losses $810,017 JO $88,886 A
Deduct salvage and re-insarance 79,780.02 S,718JB
Net amoiint paid for losses $740,286 J» $84,628Jll
$824,850.69
Dividends paid stockholders 40,OOaOO
Commissions and brokerage 282,884.66
Salaries and fees of officers and employes 104,828wl0
State and local taxes 20,751.56
All other payments and expenditures 78,203.58
Gross cash expenditures $1,380,027.40
RISKS AND PREMIUMS.
Fire Bieke, Premiuvu.
In force Dec. 31, 1804 $142,576,217.00 $1,755,871.97
Written or renewed during the year 136,588,520.00 1,828,029.76
Total $270,114,746.00 $8,588,601.73
Deduct risks expired or terminated 124,242,523.00 1,684,469.61
In force at the end of the year $154,872,228.00 $1,800,432.12
Deduct amount re-insured 2,241,005.00 18,058.96
Net amount in force Dec. 81, 1805 $152,680,528.00 $1,881,373.86
Marine and
Inland BUke.
In force Dec. 81, 1804 $1,107,600.00 $40,886.70
Written or renewed during the year 7,661,320.00 87,603.06
Total $8,858,020.00 $128,479.73
Deduct risks expired or terminated 7,020,070.00 71,1(^.75
In force at the end of tlie year. $1,820,850.00 $57,374.03
MISCELLANEOUS.
Premiums received from organization to date $15,601,160.77
Losses paid from organization to date 0,685,902.79
Fire, marine, and inland losses Incurred during the year. . . 828,470.06
Cash dividends declared since commencing business 1,025,600.00
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1B95.] Insurance Companies. 113
Company's stock owned by the directors, at par value 72,960.00
Diyldends declared during the year (8 per cent.) 40,000.00
Amount loaned to officers and directors 21,500.00
Amount loaned to stockholders not officers 6,280.00
Amounts dei>osited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
state or Country, DepoHta. LiaHlitiee.
Virginia. $51,920.00 $18,810.00
Georgia 29,250.00 28,421.67
Oregon 50,000.00 10,000.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Eire risks written $1,188,036.00
Premiums received 16,108.06
Losses paid 8,188.68
Losses incurred 9,420.87
PENNSYLVANIA FIRE INSURANCE COMPANY.
Philadelphia, Pa.
Inoorporated March, 1826. Commenoed business April, 1826.
R. Dals Bextboit, President. W. Gabditeb Cbowell, Secretary.
Cash Capital, $400,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $182,500.00
Loans on mortgages of real estate (first liens) 877,820.00
Interest due and accrued thereon 11,002.49
Vslae of mortgaged premises $2,258,800.00
Insurance held fts collateral 097,000.00
Market value of stocks and bonds 2,890,139.00
Loans on collateral securities 197,200.00
Cash in oompany^s office 851.77
Cash deposited in bank 76,119.40
Interest due and accrued 2,058.63
Gross premiums in course of collection 215,037.66
Rents due and accrued 1,399.20
Gross assets N,461,323.15
8
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114 FntE AND Fire-Marike [Dec. 31,
LIABILITIES.
Net amount of unpaid losses $158,259.75
Unearned premiums at fifty per cent, of gross premiums. . 1,207,705.38
Reclaimable on perpetual fire policies 782,954.62
Commissions and brokerage 4,000.00
Gross liabilities, except capital and surplus $2,242,010.73
Paid-up capital $400,000.00
Surplus beyond all liabilities 1,818,403.42
Surplus as regards policy-holders 2,218,403.42
Total liabilities, including capital and surplus $4,461,323^15
INCOME.
Cash received for |?ro8a premiams $2,041,187.11
Deduct re-insnrance, rebate, and retam premiams. . 413,000.96
Net cash received for premiums — all fire $1,629,090.15
Received for interest on mortgages 38,539.26
Interest and dividends from all other sources 147,327.60
Income from all other sources 2,205.09
Deposit premiams received for perpetaal fire risks, $51,968.18
Gross cash income $1,817,168.79
EXPENDITURES.
Gross amount pidd for losses— all. fire $820,821.78
Dividends pidd stockholders 60,00a00
Commissions and brokerage 380,798.74
Salaries and fees of officers and employes 87,028.00
State and local taxes 37,844.32
All other payments and expenditures 99,126.98
Deposit premioms retamed on perpetoal Are risks, $14,900.81
Gross cash expenditures $1,404,119.82
RISKS AND PREMIUMS.
Fire BiskM, Premium:
In force Dec. 31, 1804 $260,875,254.00 $2,637,215.29
Written or renewed during the year 192,225,811.00 2,041,902.77
Total $443,100,666.00 N,679,lia06
Deduct risks expired or terminated 164,057,778.00 1,958,482.89
In force at the end of the year $279,042,792.00 $2,720,685.17
Deduct amount re-insured 13,014,728.00 125,224.43
Net amount in force Dec. 31, 1896 $266,028,064.00 $2,605,410.74
Perpetual risks in force $34,558,777.00 $856,092.17
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1895.] Insurance Companies. 115
MISCELLANEOUS.
Premiums received from organization to date $28,442,270.00
Losses paid from organization to date 16,037,886.00
Fire losses incurred during the year 807,822.00
Cash dividends declared since commencing business 2,769,000.00
Company's stock owned by the directors at par value 65,100.00
Dividends declared during the year (15 per cent.) 60,000.00
Amount loaned to stockholders not officers 14,900.00
Amounts deposited for the exclusive protection of policy-
holders in other states or oountiies, as follows, viz. :
Value of
State or Country. Depoaitt. Liabilitiee.
Georgia $28,000.00 $24,928.00
Virginia. 22,400.00 10,896.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $654,964.66
Premiums received 10,168.46
Losses paid 7,467.80
Losses incurred 6,189.98
PHENIX INSURANCE COMPANY.
Brooklyn, N. Y.
Incorporated September 10. 18B8. Commenced bnsinesa September 10, 18B8.
GsoseB p. Shbldon, PreMent Chables G. Little, Secretary,
Gash Capital, $1,000,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon N79,000.00
Loans on mortgages of real estate (first liens) 120,600.00
Interest due and accrued thereon 1,969.96
Value of lands mortgaged $78,280.00
Value of bnUdinga thereon 168,800U»
Insaranee held as oollateral 190,000.00
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116 Fire and FmE-MAitnrE [Dec. 31,
Market value of stocks and bonds $3,917,397.50
Cash in the company's office 1,325.62
Gash deposited in bank 496,578.05
Interest due and accrued 10,355.80
Gross premiums in course of collection 706,344.00
Rents due and accrued 3,472.94
Gross assets $5,739,04446
LIABILITIES.
Net amount of unpaid losses $274,929.52
Unearned premiums at fifty per cent, of gross premiums. . 3,783,988.20
Due and accrued for salaries, rent, and incidental expenses 2,266.68
Commissions and brokerage 111,633.35
Return premiums 80,248.31
Re-insurance . . 39,872.93
Gross liabilities, except capital and surplus $4,292,988.97
Paid-up capital $1,000,000.00
Surplus beyond all liabilities 446,105.49
Surplus as regards policy-holders 1,446,105.49
Total liabilities, including capital and surplus $5,739,044.46
INCOME.
Cash received for gross premloms $5,676,244.27
Deduct re-insurance, rebate, and return premiums. . 1,684,716.86
Net cash received for premiums— all fire $4,041,527.42
Received for interest on mortgages. 6,298.44
Interest and diyidends from all other sources 159,943.98
Income from all other sources 15,032.76
Gross cash income $4,222,802.55
EXPENDITURES.
Qrcms amount paid for losses $2,686,612.24
Deduct salvage and re-insuranoe 840,278.08
Net amount paid for losses— all fire $2,345,339.16
Dividends paid stockholders 100,000.00
Commissions and brokerage 651,169.92
Salaries and fees of officers and employes 306,581.43
State and local taxes 77,551.28
All other payments and expenditures 380,177.71
Gross cash expenditures $3,860,819.50
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1895.] Insurance Companies. 117
RISKS AND PREMIUMS.
Fire Bitkt. Premiunu.
In force Dec. 31, 1894 $589,911,541.00 $7,629,251.44
Written or renewed during the year 448,468,829.00 5,666,819.21
Total $1,033,380,870.00 $18,296,070.66
Deduct risks expired or terminated 372,172,005.00 4,799,258.20
In force at the end of the year $661,208,365.00 $8,496,812.45 «
Deduct amount re-insured 74,730,184.00 928,886.05
Net amount in force, Dec. 31, 1895. . . . $586,478,181.00 $7,567,976.40
MISCELLA2!rE0US.
Premiums received from organization to date $108,648,954.87
Losses paid from organization to date 52,510,918.19
Fire losses incurred during the year 2,314,387.22
Cash dividends declared since commencing business 8,574,000.00
Company's stock owned by the directors, at par value. . . 169,550.00
Dividends declared during the year (10 per cent.) 100,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
state or Ckmntry. Deposits, Liabilities.
Virginia $62,500.00 $25,369.42
Georgia 28,000.00 44,575.28
Canada 112,000.00 72,ii69.52
' BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,659,274.00
Premiums received 20,458.03
Losses paid 8,218.53
Losses incurred 5,778.09
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118 FiBE AND Fibe-Makine [Dec. 31,
PHCENIX INSURANCE COMPANY.
Habtfobd, Cokk.
Incorporated May, 18M. Commenced boalness Jane, 1854.
D. W. C. Skilton, President, Geo. H. Bubdick, Secretary.
Cash Capital, $2,000,000.00.
ASSETS.
Gash value of real estate, less encumbrances thereon $476,917.68
Loans on- mortgages of real estate (first liens) 2^,340.20
Interest due and accrued thereon 10,025.09
Value of lands mortgaged $879,070.00
Valne of bnildlngs thereon 186,000.00
Insurance held as collateral 84,226.00
Market value of stocks and bonds 8,862,28S.OO
Loans on collateral securities Sl,7OO.00
Cash in the company's office 33,121.47
Cash deposited in bank 135,918.65
Interest due and accrued 5,064.76
Gross premiums in course of collection 443,176.87
Rents due and accrued 5,282.45
Due for re-insurance on losses paid 17,689.42
Grossassets $5,246,519.68
LIABILITIES.
Net amount of unpaid losses $342,441.43
Unearned premiums at fifty per cent, of gross premiums. . 2,448,217.81
Gross liabilities, except capital and surplus $2,790,650.24
Paid-up capital $2,000,000.00
Surplus beyond all Uabilities 455,800.44
'Surplus as regards policy-holders 2,455,860.44
Total liabilities, including capital and surplus $5,246,519.68
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1895.] Insubance Companies. 119
mcOME.
Cash reoeiyed for gross premioms $8,949»«79.M
Dedact re-lnsnranoe, rebate, and return premiums. . 607,029. 15
Net cash received for premiums— «11 fire $8,852,160.89
Received for interest on mortgages 10,032.57
Interest and dividends from all other sources 190,074.01
Income from all other sources 88,528.69
Gross cash income $3,585,780.66
EXPENDITURES.
Gross amount paid for losses $2,689,040.06
Deduct salvage and re-Insurance 171,108.00
Net amount paid for losses— all fire $2,417,841.48
Dividends paid stockholders 280,000.00
Commissions and brokerage 549,619.73
Salaries and fees of officers and employes 190,714.35
State and local taxes 78,180.23
All other payments and expenditures 838,982.98
Gross cash expenditures $3,855,288.77
RISKS AND PREMIUMS.
Fire Bi8k$, PremiumB,
In force December 81, 1894 $381,879,685.00 $4,549,486.92
Written or renewed during the year 835,832,492.00 8,949,679.54
Total $717,212,127.00 $8,499,166.46
Deduct risks expired or terminated 287,576,131.00 3,602,730.83
Net amount in force Dec. 31, 1895 $429,035,996.00 N,896,485.63
MISCELLANEOUS.
Premiums received from organization to date $62,184,881.24
Losses paid from organization to date 38,047,470.01
Fire losses incurred during the year 2,167,266.43
Cash dividends declared since commencing business 6,685,000.00
Company^s stock owned by the directors, at par value 65,900.00
Dividends declared during the year (14 per cent.) 280,000.00
Amount loaned to officers and directors 30,000.00
Amount loaned to stockholders, not officers 66,500.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
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120 FiBE AND Fire-Mabine p[>ec. 31,
Valu€ of
State or Country. Depo§U». LialilUioB.
Oregon $54,500.00 $81,607.05
Georgia 28,875.00 86,257.00
Canada 218,040.00 114,404.60
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written. $l,441,9iaOO
Premiums received 20,817.43
Losses paid 10,008.70
Losses incurred 5,910.96
PROVIDENCE WASHINGTON INSURANCE COMPANY.
Pboyidbncb, R. I.
Incorporated 1790. Commenced busineas 1790.
J. H. DbWolf, President E. L. Watson, Secretary,
Cash Capital, $400,000.00.
ASSETS.
Market value of stocks and bonds $1,186,840.00
Cash in the company^s office 2,885.07
Cash deposited in bank 68,773.54
Gross premiums in course of collection 178,221.41
Bills receivable, not matured, taken for premiums 48,610.83
Premlams more than three months due $842.66
Gross assets $1,479,280.95
LIABILITIES.
Net amount of unpaid losses $111,400.06
Unearned premlams at fiO per cent, on fire and inland
risks $6e2,085J6
Unearned premlams at 100 per cent, on marine risks. . . 80,585.71
Total unearned premiums 742,571.67
Commissions and brokerage 26,787.59
Taxes 14,960.24
Gross liabilities, except capital and surplus. $805,709.56
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1895.] Insurance Companies. 121
Paid-up capital $400,000.00
Surplus beyond all liabilities 188,571.89
Surplus as regards policy-holders 688,571.39
Total liabilities, including capital and surplus $1,479,280.95
INCOME.
Marine
Fire. and Inland.
Cash recelyed for gross premiums $1,119365.88 $487,968.10
Dedact re-insarance, rebate, and return
premiums 287,863.64 124,644.66
Net cash recelyed for premiums $862,008.84 $878,818.46
$1,285,821.79
Interest and dividends from all sources 44,605.<K)
Gross cash income $1,279,927.89
EXPENDITURES.
Marine
Fire, and Inland.
Qross amount paid for losses $678,801JS8 $378,401.66
Dedact salvage and re-insoranoe 107,261.27 98,666.88
Net amount paid for losses $466,040.81 $279,846.22
$745,886.68
Dividends paid stockholders 82,000.00
Commissions and brokerage 226,515.29
Salaries and fees of officers and employes 82,556.79
State and local taxes 24,947.28
All other payments and expenditures 67,659.08
Gross cash expenditures $1,179,564.92
RISKS AND PREMIUMS.
Fire Biske. Premiuma.
In force Dec. 31, 1894 $185,282,566.00 $1,481,858.10
Written or renewed during the year 110,592,840.00 1,151,918.78
Total $245,824,906.00 $2,588,776.88
Deduct risks expired or terminated 107,298,488.00 1,122,858.59
In force at the end of the year $188,581,418.00 $1,460,928.24
Deduct amount re-insured 24,551,514.00 248,142.46
Net amount in force Dec. 81, 1895. . . . $118,979,904.00 $1,217,780.78
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122 FiBE AND Firb-Mabine [Dec. 31,
Marine and
Inland BUkM, Premimiu.
In force Dec. 31, 1804. $8,492,806.00 $243,856.51
Written or renewed during the year 08,844,150.00 481,586.02
Total $107,337,046.00 $725,302.5S
Deduct risks expired or terminated 99,601,005.00 500,704.82
In force at the end of the year $7,646,041.00 $224,687.71
Deduct amount re-insured 1,749,033.00 37,800.87
Net amount in force Dec. 31, 1895 $5,897,008.00 $186,826.84
MISCELLANEOUS.
Premiums received from organization to date $25,871,077.83
Losses paid from organization to date 15,285,010.15
Fire, marine, and inland losses incurred during the year . . 738,853.76
Cash dividends declared since commencing business 2,096.568.38
Company's stock owned by the directors, at par value 43,200.00
Dividends declared during the year (8 per cent.) 82,000.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Risks written $507,086.00
Premiums received 5,421.87
Losses paid 1,756.83
Losses incurred 1,755.88
QUEEN INSURANCE COMPANY OF AMERICA.
New Yobk City.
Incorporated September 11, 1881. Commenoed business September 11, 1891.
J. A. Maodonald, PreHdent, Gboboe W. Bubchi^ll, Secretary*
Cash Capital, $500,000.00.
ASSETS.
Casli value of real estate, less incumbrances thereon $25,000.00
Market value of stocks and bonds 3,963,006.86
Cash in the company's office 11,83427
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1895.] Insurance Companies. 123
Cash deposited in bank $302,705.18
Interest due and accrued 45,222.96
Gross premiums in course of collection 290,028.02
Bills receiyable, not matured, taken for premiums 965.80
Due for re-insurance on losses paid 41.87
Premiums more than tltfee monthB due S7,286JI8
Gross assets $4,089,586.46
LIABILITIES.
Net amount of unpaid losses $227,807.84
Unearned premiums at fifty per cent, of gross premiums. . 1,660,148.94
Due and accrued for salaries, rent, and incidental expenses 9,200.78
Commissions and brokerage 54,224.50
Betum premiums 31,679.77
Re-insurance 1,572.75
Drafts not presented 2,940.77
Gross liabilities, except capital and surplus $1,967,075.30
Paid-up capital $500,000.00
Surplus beyond all liabilities 1,552,511.16
Surplus as regards policy-holders 2,052,511.16
Total liabilities, including capital and surplus $4,039,586.46
INCOME.
Cash recelTed for gross premifUis S2,722,268J»
Deduct re-Insurance, rebate, and retam premiums. . 668,918.22
Net cash received for premiums— all fire $2,153,440.36
Interest and dividends from all sources 122,714.66
Gross cash income $2,276,155.02
EXPENDITURES.
Gross amoont paid for losses Slt227»219.11
Deduct salvage and re-insaranoe, 88,267.16
Net amount paid for losses— all firo $1,190,951.95
Dividends paid stockholders 50,000.00
Commissions and brokerage 324,178.98
Salaries and fees of officers and employes 166,150.82
State and local taxes 50,482.21
All other payments and expenditures 126,445.62
Gross cash expenditures $1,908,209.58
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124
FiBE Aim Fibe-Masine
[Dec. 31,
RISKS AND PREMIUMS.
Fire Bisk$. PremimmM.
In force Dec. 81, 1894 $294,460,009.00 $3,412,886.87
Written or renewed during tlie year 229,021,026.00 2,668,614.80
Total $623,481,065.00 $6,081,501.76
Deduct risks expired or terminated 218,432,402.00 2,624,967.65
In force at the end of the year $305,048,683.00 $3,456,584.11
Deduct amount re-insured 14,425,547.00 186,286.19
Net amount in force Dec. 81, 1895. . . $290,623,066.00 $3,320,297.98
MISCELLANEOUS.
Premiums received from organization to date $10,051,610.80
Losses paid from organization to date 5,471,971.14
Fire losses incurred during the year 1,178,028.96
Cash dividends declared since commencing business 50,000.00
Company's stock owned by the directors, at par value 7,000.00
Dividends declared during the year (10 per cent.) 50,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Cfountry, Depoeiie, JAahilitiee.
Canada. $285,900.00 $215,298.38
Oregon 58,500.00 8,889.70
Virginia 29,250.00 22,066.18
Georgia 29,250.00 87,246.40
Nebraska 25,000.00 17,620.89
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $754,702.00
Premiums received 11,805.16
Losses paid. 4,986.28
Losses incurred 1,983.64
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1895.] Insubakcs Goicpanies. 125
SPRINGFIELD FIRE AND MARINE INSURANCE
COMPANY.
Sprxngfixld, Mass.
Incorporated 1840. Commenoed business 1861.
A. W. Damok, PreMdent. S. J. Hall, Secretary.
Cash Capital, $1,600,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $184,000.00
Loans on mortgages of real estate (first liens) 521,725.00
Interest due and accrued thereon 14,825. T7
Valae of lands mortgaged $884,660.00
Valne of buildings thereon 666,880.00
Insurance held as collateral 491,960.00
Market value of stocks and bonds 2,605,772.00
Loans on collateral securities 57,006.20
Cash in the company's office 15,059.58
Cash deposited in bank 171,288.56
Interest due and accrued 24,566.80
Gross premiums in course of collection 280,461.01
Rents due and accrued 1,005.16
Orossassets $8,845,145.17
LIABILITIES.
Net amount of unpaid losses $184,811.26
Unearned premiums at fifty per cent, of gross premiums. . 1,440,144.74
Commissions and brokerage 85,919.10
Gross liabilities, except capital and surplus $1,669,875.10
Paid-up capital $1,500,000.00
Surplus beyond all liabilities 675,770.07
Surplus as regards policy-holders 2,175,770.07
Total liabilities, including capital and surplus $3,845,145.17
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126
Fms AND Fibe-Marine
INCOME.
Cash reoelTed for cn^oss premloms $2,400,487.43
Deduct re-insnranoe, rebate, and return premlimiB. . . 861 ,286012
Net cash received for premiums— all fire ^,089,141.40
Received for interest on mortgages 18,334.89
Interest and dividends from all other sources 126,761.96
Income from all other sources 4,838.96
Gross cash income $2,189,077.^
EXPENDITURES.
Gross amount paid for losses $1,100,287JB
Deduct salvaipe and re-insoranoe 66,888.76
Net amount paid for losses— all fire $1,118,854.07
Dividends paid stockholders 160,000.00
Commissions and brokerage 296,289.78
Salaries and fees of officers and employes 83,712.00
State and local taxes 02,107.47
All other payments and expenditures 103,727.31
Gross cash expenditures $1,901,200.63
RISES AND PREMIUM8.
Fire BUk9. Premimmt.
In force Dec. 81, 1894 $208,738,089.00 $2,709,909.20
Written or renewed during the year. 170,125,800.00 2,381,702.48
Total $378,858,889.00 $5,091,671.69
Deduct risks expired or terminated 106,402,668.00 2,091,919.75
In force at the end of the year $270,896,221.00 $2,999,751.94
Deduct amount re-insured 8,488,584.00 101,462.45
Net amount in force Dec. 81, 1895 $261,912,687.00 $2,808,289.49
MISCELLANEOUS.
Premiums received from organization to date $36,895,887.96
Losses paid from organization to date 22,549,044.94
Fire losses incurred during the year 1,104,891.88
Cash dividends declared since commencing business 8,254,542.00
Company's stock owned by the directors, at par value. . . 188,400.00
Dividends declared during the year (10 per cent.) 150,000.00
Amount loaned to officers and directors 8,000.00
Amount loaned to stockholders, not officers 88,500.00
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1895.] Iksubance Companies. 127
Amounts deposited for the exolusive protection of pol-
icy-holders in other states or countries, as follows, viz. :
Value of
State or Cotcnlry. Depoeite. LiabilUiee.
Oregon $61,800.00 $7,602.19
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written $1,081,760.00
Premiums received 14,176.09
Losses paid 8,866.88
Losses incurred 9,836.96
UNITED STATES FIRE INSURANCE COMPANY.
New Yobk City.
Incorporated April l, 1824. Commenced bnsiness April 9, 1824.
W. W. Ukdebhill, President, W. H. Oriffik, Secretary.
Gash Capitai«, $260,000.00.
ASSETS.
Loans on mortgages of real estate (first liens) $812,600.00
Interest due and accrued thereon 1,808.61
Valae of lands mortgaged $851,000.00
Valae of buildings thereon 800,000.00
Insoranoe held ascoUateral 860,200.00
Market value of stocks and bonds 247,090.00
Cash in the company's office 6,688.69
Cash deposited in bank 40,248.61
Interest due and accrued 1,982.00
Gross premiums in course of collection 67,240.62
Due for re-insurance on losses paid 201.12
Gross assets $667,704.46
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128 Fire and Fire-Marike [Dec. 31,
LIABILITIES.
Net amount of unpaid losses $68,007.59
Unearned premiums at fifty per cent, of gross premiums 247,069.63
Due and accrued for salaries, rent, and incidental expenses. . 1,773.01
Commissions and brokerage 12,341.70
Ketum premiums 7,206.56
Re-Insurance 200.00
Gross liabilities, except capital and surplus $326,782.49
Paid-up capital $250,000.00
Surplus beyond all liabilities 00,071.96
Surplus aa regards policy-holders 340,971.96
Total liabilities, including capital and surplus $667,704.45
INCOME.
Fire, Inland.
Cash received for grosA premiams $418,468^16 $24,488.47
Deduct re-insarance, rebate, and return
premiums 97,847.16 2,906.62
Net cash received for premiums $816,206.19 $21,527.86
rr,784.04
Received for interest on mortgages 20,642.26
Interest and dividends from all other sources 4,382.25
Gross cash income $362,658.55
EXPENDITURES.
Fire. Inland.
Gross amount paid for losses $197,989.09 $10,897.60
Deduct salvage and re-insuranoe 88,811.40
Net amount paid for losses $171,627.60 $10,887.60
Dividends paid stockholders 15,000.00
Commissions and brokerage 82,583.74
Salaries and fees of officers and employes 25,091.21
State and local taxes 6,94a97
All other payments and expenditures 27,628.68
Gross cash expenditures $339,272.89
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1895.] Insubance Companies. 129
RISES AND PREMIUMS.
Ftre MUk9. Premium$,
In force Dec. 31, 1894 $51,889,777.00 $646,692.29
Written or renewed during the year 86,942,489.00 412,520.88
Total $87,782,216.00 $968,112.62
Deduct risks expired or terminated 88,064,478.00 442,981.29
In force at the end of the year $49,697,748.00 $616,181.88
Deduct amount re-insured 8,791,107.00 89,884.72
Net amount in foh^e Dec. 81, 1896 $46,906,686.00 $476,796.61
Inland BiskB. Premiuma.
In force Dec. 31, 1894 $644,760.00 $21,076.80
Written or renewed during the year 872,007.00 22,604.98
Total $1,616,757.00 $48,680.28
Deduct risks ^expired or terminated 952,832.00 26,869.62
In force at the end of the year $668,926.00 $18,810.66
MISCELLANEOUS.
Premiums received from organization to date $6,776,016.00
Losses paid from organization to date 3,099,248.00
Vive and inland losses incurred during the year 189,802.94
Cash dividends declared since commencing business 1,881,690.00
Company's stock owned by the directors, at par value 48,226.00
Dividends declared during the year (6 per cent) 16,000.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country, Depoeite. Liabilitiee,
Virginia $13,200.00 $6,310.64
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $271,247.00
Premiums received 2,994.26
Losses paid 2,688.17
Losses incurred 2,388.44
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ISO FiBE AND FntE-MAKiKE [Dec. 31,
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY.
BSOOKLTK, N. Y.
Inoorporftted MArch, 1868. Commenced business March, 1808.
MAB8HALL S. Dbzogs, PreHdent. Fbedesick H. Way, Secretary.
Cash Capital, $250,000.00.
ASSETS.
Cash value of real estate, less incumbrances thereon $020,000.00
Loans on mortgages of real estate (first liens) 206,060.00
Interest due and accrued thereon 1,820.04
Value of lands mortgaged $278,000.00
Value of buildings thereon t87,600.00
Insurance held as collateral 282^00.00
Market value of stocks and bonds ^ 484,820.00
Loans on collateral securities 6,200.00
Cash in the company's office 1,72L19
Cash deposited in bank 20,071.55
Interest due and accrued 3,106^02
Gross premiums in course of collection 77,112.90
Rents due and accrued 5,687.lfi
Due for re-insurance on losses paid 2,040.05
Gross assets $1,536,035.97
LIABILITIES.
Net amount of unpaid losses $50,282.04
Unearned premiums at fifty per cent, of gross premiums. . 601,584.47
Dividends to stockholders unpaid 1,600.00
Due and accrued for salaries, rent, and incidental expenses 283.33
Commissions and brokerage 13,520.17
Re-insurance 575.03
Taxes 4,442.82
Gross liabilities, except capital and surplus $572,288.76
Paid-up capital $250,000.00
Surplus beyond all liabilities 714,347.21
Surplus as regards policy-holders 064,347.21
Total liabilities, including capital and surplus $1,536,635.07
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1895.] Insurance Companies. 131
INCOME.
Cash reoeiyed for gross premiunui $648,006.40
Doduot re-insonmoe, rebate, and return premiums — nfOZM
Net cash received for premiums— all fire $576,281.85
Receiyed for interest on morl^^es 14,490.85
Interest and dividends from all other sources 22,260.85
Income from all other sources 15,078.98
Gross cash income $628,107.68
EXPENDITURES.
Gross amount paid for losses $3M,496.60
Deduct salvage and re-insaranoe 25,864.68
Net amount paid for losses— all fire $258,640.82
Dividends paid stockholders 49,250.00
Commissions and brokerage. — 186,606.86
Salaries and fees of officers and employes 68,557.74
State and local taxes 6,028.29
All other payments and expenditures 85,898.48
Gross cash expenditures $549,477.14
RISES AND PREMIUMS.
Fire BUk^ PremiufM.
In force Dec. 31, 1894 $120,944,787.00 $1,012,570.48
Written or renewed during the year. 75,667,698.00 666,766.42
Total $196,612,480.00 $1,679,886.90
Deduct risks expired or terminated 72,565,542.00 042,596.64
In force at the end of the year $124,046,988.00 $1,086,740.26
Deduct amount re-insured 4,286,710.00 88,571.32
Net amount in force Dec. 81, 1895 $119,810,228.00 $1,008,168.94
MISCELLANEOUS.
Premiums received from organization to date $14,889,628.14
Losses paid from organization to date 7,769,662.72
Fire losses incurred during the year 258,922.54
Cash dividends declared since commencing business 1,452,500.00
Company's stock owned by the directors, at par value 46,750.00
Dividends declared during the year (5 per cent.) 50,000.00
Amount loaned to officers and directors 5,000.00
Amount loaned to stockholders not officers 1,200.00
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132 Fire and Fire-Marine Insurance Companies.
Amounts deposited for the exdosiye protection of policy-
holders in other states or countries, as foUoifvs, viz. :
Value of
State or Ckmntry, Depoeite. Liabilitiee.
Virginia $18,500.00 $2,858.22
Georgia 28,500.00 18,458wQ6
BUSINESS IK NEW HAMPSHIRE, 1805.
Fire risks written $280,909.84
Premiums received 8,091.98
Losses paid 909.15
Losses incurred 499.15
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MUTUAL
FIRE INSURANCE COMPANIES
OF OTHER STATES.
Detailed Abstracts from the Annual Statements of the
Mutual Fire Insurance Companies of Other States
Authorized to do Business in the State of
New Hampshire, Showing Their Con-
dition ON THE 31 ST Day of
December, 1895.
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134 Mutual Fire [Dec. 31,
FITCHBURG MUTUAL FIRE INSURANCE COMPANY.
FiTCHBUBG, Mass.
Incorporated March 38, 1847. Commenced buBiness September l, 1847.
Amasa Nobcbobs, PreHdent. Edwabd P. Dowve, Seeretanf.
I. ASSETS.
Cash value of real estate, less encumbrances thereon $80,000.00
Loans on mortgages of real estate (first liens) 37,823.00
Value of mortgaged premises $74,900.00
Insurance held as collateral 41,700.00
Market value of stocks and bonds 65,062.50
Loans on collateral securities 10,700.00
Cash in company's office 908.68
Cash deposited in banks 10,050.59
Interest due and accrued 1,498.60
Premiums in course of collection 17,686.00
Loans on personal securities 3,900.00
Rents 767.98
Gross available assets $229,826.33
Assessable contingent premiums on outstanding risks, $846,860.67.
II. LIABILITIES.
Loans adjusted, due and to become due $14,075.77
resisted, including interest and expenses 1,100.00
Gross amount of unpaid losses $16,076.77
Unearned premiums at fifty per cent, of gross premiums. . 173,420.83
Due or to become due for borrowed money and interest. — 25,000.00
Profits or surplus due on terminated policies 1,400l00
Commissions on premiums in course of collection 2,645.00
Rents, taxes, salaries, and incidental expenses 700.00
Liabilities, except surplus $219,25a60
Surplus 10,075.78
Gross liabilities, including surplus $229,826.83
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1895.] Insurance Companies. 135
III. INCOME.
Gross cash premiums received during the year $119,082.48
Interest received on mortgages 8,085.70
Interest and dividends from all other sources. 8,802.26
Income from all other sources 8,048.57
Gross cash income $128,419.00
Contingent premioms received during the year, $130,964.17.
IV. EXPENDITURES.
Gross amount paid for losses during the year. $72,869.78
Commissions on premiums 18,558.88
Salaries and fees of officers and employes 8,483.58
Profits or surplus on terminated policies .' — 25,566.27
State and local taxes 1,621.84
Interest on borrowed money 1,201.89
Office and incidental expenses 8,572.40
Gross cash expenditures $186,869.09
V. GENERAL ITEMS.
Cash ConHngeni
Amount, Premiufn$, Premiums,
Risks in force Jan. 1, 1895. $24,775,588.00 $388,088.55 $388,088.55
Risks written during the year 8,2.'S5,366.00 120,984.17 120,984.17
Total $83,030,954.00 $509,067.72 $509,067.72
Risks terminated during the year . 10,666,996.00 162,208.05 162,208.05
Amount in force Dec. 81, 1895 $22,868,958.00 $346,859.67 $846,859.67
Losses incurred during the year 79,394.77
Percentage of cash premium returned during the year as
profit or surplus:
Ten and twenty per cent.
NEW HAMPSHIRE BUSINESS.
Risks written during the year $1,331,534.00
Cash premiums received 18,913.29
Contingent premiums therewith 18,913.29
Losses paid during the year. 7,719.91
Losses incurred during the year 8,321.23
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136 Mutual Fire [Dec. 81,
MERCHANTS' AND FARMERS' MUTUAL FIRE
INSURANCE COMPANY.
WOBCEBTBB, MaSS.
Incorporated April 1, 1846. Oommenoed business January l, 1M7.
JoHXT D. WABHBUBir, President E. B. Stoddabd, SeertUsn/.
I. ASSETS.
Casli value of real estate, less Incumbrances thereon $83,800.00
Loans on mortgages of real estate (first Hens) 72,250.00
Value of lands mortcraged $91,500.00
Value of buildings Uiereon 1»,000.00
Insurance held as collateral 82,300.00
Market value of stocks and bonds 116,649.00
Cash deposited in banks 2,855.58
Interest due and accrued 9,806.05
Premiums in course of collection 0,489.13
Loans on personal securities 1,163.43
Premiums more than three months due $901.70
Gross available assets $245,518.19
Assessable contingent premiums on outstanding risks, $342,768.71.
II. LLA.BILITIES.
Losses adjusted, due and to become due $2,064.42
reported, but not adjusted 2,000.00
Gross amount of unpaid losses $4,054.42
Unearned premiums taken at fifty per cent of gross premiums 171,881.86
Profits or surplus due on terminated policies 8,000.00
Commisrions on premiums in course of collection 1,516.98
Liabilities, except surplus $179,958.25
Surplus 65,559.94
Gross liabilities, including surplus $245,518.19
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1895.] Insurance Companiss. 137
in. INCOME.
Cash reoeiyed for gross premiums $101,488.20
Deduct re-insurance and return premiums 4,181.96
Net cash premiums received during the year $97,866.22
Interest received on mortgages 2,881.70
Interest and dividends from all other sources 5,480.61
Income from all other sources 1,886.66
Gross cash income $106,461.19
€k>ntlngent premlnois received dnrlnir the year, $104,139.71.
IV. KXPENDiyURES.
Gross amount paid for losses during the year $89,757.60
Commissions on^premiums 14,W)1.42
Salaries and fees of officers and employes. 7,862.26
Profits or surplus on terminated policies 42,961.04
State and local taxes 1,775.96
Office and incidental expenses 4,255.13
Gross cash expenditures $111,018.41
Y. GENERAL ITEMS.
Cath Contingent
Amount. PremiumB, PremiumB,
Risks in force January 1, 1895 $28,266,747.00 $845,896.21 $845,896.21
Risks written during the year 7,041,648.00 104,129.71 104,129.71
Total $80,806,895.00 $450,025.92 $450,025.92
Risks terminated during the year. 7,881,611.00 107,262.21 107,262.21
Amount in force Dec. 81, 1895. $22,926,784.00 $842,768.71 $842,768.71
Losses incurred during the year. 41,589.02
Percentage of cash premium returned during the year as
profit or surplus:
Twenty, forty, and sixty per cent.
NEW HAMPSHIRE BUSINESS.
Risks written during the year $868,295.00
Cash premiums received 5,252.26
Contingent premiums therewith 5,252.26
Losses paid during the year. 1,107.91
Losses incurred during the year 1,107.91
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138 Mutual Fire [Dec. 31,
PROVIDENCE MUTUAL FIRE INSURANCE COMPANY.
PbotidbnoSv B. L
Incorporated 1800. Commenced boslneM 1800.
HfiifBY R. Babkeb, Pretident, Habddt C. Watkbb^ Swretanf.
I. ASSETS.
Loans on mortgages of real estate (first liens) $97,800.00
Market value of stocks and bonds 175,930.00
Cash in company's office 550.19
Cash deposited in banks 24,653.88
Interest due and accrued 964.72
Premiums in course of collection 2,888.74
Gross available assets $802,815.96
ABseMable oontin^ent preminma on outstanding risks, $2M,84S.02.
II. LIABILITIES.
Unearned premiums at fifty per cent, of gross premiums $111,965.39
Taxes 1,171.88
Liabilities, except surplus $113,186^72
Surplus 180,679.26
Gross liabilities, including surplus $302,815.96
III. INCOME.
Cash received for gross premiums $62,385.26
Deduct re-insurance and return premiums 4,037.66
Net cash premiums received during the year $58,847.60
Interest and dividends from all sources 13,209.81
Gross cash income $71,556.91
Contingent preminma reoeived during the year, $61,787.85.
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1895.] iKguRAKCE Companies.. 189
IV. EXPENDITURES.
Gross amount paid for losses $11,880.02
Deduct amount received for re-insurance 4.60
Xet amount paid for losses during the year $11,875.52
Commissions on premiums 4,846.67
Salaries and fees of officers and employes 8,626.00
Profits or surplus on terminated policies 17,855.07
State and local taxes. 8,544.29
Rents 1,369.85
Office and incidental expenses 1,275.94
Gross cash expenditures $48,898.74
V. GENERAL ITEMS.
Cath Contingent
Amount, Premium$, PremiumB.
Risks in force January 1, 1895 $20,840,825.00 $214,768.62 $214,763.62
Risks written during the year 6,045,564.00 61,787.65 61,787.65
Total $26,886,889.00 $276,551.27 $276,551.27
Risks terminated during the year. 5,808,200.00 51,706.25 51,706.25
In force at the end of the year.... $21,578,189.00 $224,845.02 $224,845.02
Deduct amount re-insured 71,900.00 914.24
Amount in force Dec. 81, 1895. $21,506,289.00 $223,930.78 $224,845.02
Losses incurred during the year $10,892.02
Percentage of cash premium returned during the year as
profit or surplus:
Twenty, thirty, forty, fifty, and sixty-five per cent.
NEW HAMPSHIRE BUSINESS.
«
Risks written during the year $211,950.00
Cash premiums received 2,578.37
Contingent premiums therewith 3,010.66
Losses paid during the year 1,125.00
Losses incurred during the year 1,125.00
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140 Mdtual Firb [Dec. 31,
TRADERS' AND MECHANICS' MUTUAL FIRE
INSURANCE COMPANY.
Lowell, Mass.
Inoorporated June, 1848. Oommenoed business June, 1848.
Levi Spbague, PreMdent Edwasd M. Tucke, Secretary,
L ASSETS.
Loans on mortgages of real estate (first liens) $161,639.00
Market value of stooks and bonds 854,854.00
Loans on collateral securities 28,150.00
Cash in company's office .' 5,141.88
Cash deposited in banks 87,110.14
Interest due and accrued 7,450.75
Premiums in course of collection 22,502.44
Loans on personal securities 78,800.00
Gross available assets $690,738.21
Assessable contingent premiums on outstanding risks, •80,615.04.
IL LIABILITIES.
Gross amount of unpaid losses $1,616.64
Unearned premiums at fifty per cent, of gross premiums.. 826,262.52
Profits or surplus due on terminated policies 4,070.18
Commissions on premiums in course of collection 3,241.31
Liabilities, except surplus $385,190.55
Surplus. . 355,547.66
Gross liabilities, including surplus $690,738.21
III. INCOME.
Cash received for gross premiums $187,377.77
Deduct re-insurance and return premiums 6,655.60
Net cash premiums received during the year $180,722.17
Interest received on mortgages 11,042.55
Interest and dividends from all other sources 21,091.50
Gross cash income $213,756.22
Continicent premiums received during the year, $194,864.87.
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1895.] Insurance Companies. 141
IV. EXPENDITURES.
Gross amount paid for losses during the year $75,778.57
Commissions on premiums 26,751.04
Salaries and fees of officers and employes 11,840.00
Profits or surplus on terminated policies 77,821.46
State and local taxes 2,043.10
Office and incidental expenses 8,071.48
Gross cash expenditures $202,806.64
y. GENERAL ITEMS.
Oath Contingent
Amount, Premiunu, Premiumt,
Rislcs in force Jan. 1, 1805 $80,781,856.00 $613,002.41 $618,002.41
Risks written during the year .... 12,200,581.00 104,664.87 104,664.37
Total $52,021,887.00 $807,666.78 $807,666.78
Risks terminated during the year. 10,054,062.00 155,141.74 155,141.74
Amount in force Dec. 31, 1805 $41,067,825.00 $652,525.04 $652,525.04
Losses incurred during the year 77,805.11
Percentage of cash premiums returned during the year as
profit or surplus:
Thirty, fifty, and seventy per cent.
NEW HAMPSHIRE BUSINESS.
Risks written during the year $827,765.00
Cash premiums received 11,813.43
Contingent premiums therewith 11,813.43
Losses paid during the year 1,004.34
Losses incurred during the year 1,004.34
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FiBi ini immm msuMcs coifms
OF OTHER COUNTRIES.
UNITED STATES BRANCHES.
Detailed Abstracts from the Annual Statements of the
Fire and Fire-Maeins Insurance Companies of Other
States, authorized to do Business in the State
OF New Hampshire, showing their Condi-
tion ON the 31st Day of
December, 1895.
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144 Fire and Fire-Marikb Dec. 31,
BRITISH AMERICA ASSURANCE COMPANY.
UNITED STATES BRANCH.
ToBoirro, Canada.
Commenoed bnalness In the United Statea, 1674.
Gborge a. Cox, President. P. H. Sncs, Secretary.
ASSETS.
Market value of stocks and bonds $946,650.52
Cash deposited in bank S0,408.98
Interest due and accrued 0,S65.00
Gross premiums in course of collection 177,720.50
Bills receivable, not matured, taken for premiums 16,060.52
Gross assets $1,180,219.52
LIABILITIES.
Net amount of unpaid losses $149,294.46
Unearned premiums at 60 per cent, on flre and in-
land risks $577,877.39
Unearned premlnms at 100 per cent, on marine risks. . . 968.50
Total unearned premiums 578,330.79
Commissions and brokerage 19,497.14
Return premiums 21,001.34
Re-insurance 1,472.06
Gross liabilities $769,596.79
INCOME.
MaHne
Fire. and Inland.
Cash received for gross premiums $1,270,866.87 $944,878.86
Deduct re-insurance, rebate, and return
premiums S854M9J8 66,818.67
Net cash received for premiums $964,887.48 $187,661.19
$1,172,448.68
Interest and dividends from all sources 37,745.91
Gross cash income $1,210,194.59
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1895.]
Insurance Companies.
145
EXPENDITUKES.
MaHne
Fir; and Inland.
Oroea amount paid for loaoea
Deduct salvage and re-inanrance..
$579,444.48
88»986.M
$268,076^
e8,8tlJ6
Net amoont paid for loaaea $646,6074(7 $194,264^
Commissions and brokerage
Salaries and fees of officers and employes.
State and local taxes
All other payments and expenditures
$739,771.87
224,204.18
24,875.28
25,825.12
95,894.86
Gross cash expenditures $1,110,071.26
RISES AND PREMIUMS.
Fire RUk9, Premium;
In force Dec. 81, 1894. $80,654,861.00 $1,103,916.81
Written or renewed during the year 87,163,113.00 1,271,967.75
Total $167,817,974.00 $2,375,874.66
Deduct risks expired or terminated 79,702,130.00 1,244,417.65
In force at the end of the year $88,115,844.00 $1,131,456.91
Deduct amount re-insured 1,409,198.00 18,137.82
Net amount in force Dec. 31, 1895 $86,706,646.00 $1,113,319.09
Marine and
Inland Biek;
$2,849,359.00
22,628,044.00
In force Dec. 31, 1894
Written or renewed during the year
Total $25,472,403.00
Deduct risks expired or terminated 21,914,884.00
Premium;
$26,878.06
237,279.76
$264,157.81
221,769.41
In force at the end of the year. .
$3,557,519.00 $42,388.40
MISCELLANEOUS.
Premiums received in the United States $13,161,067.81
Losses paid in the United States 8,355,659.50
Fire, marine, and inland losses incurred during the year. . . 738,124.15
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
state or Country, Depoeite. Liabilitiee,
Ohio $104,715.00 $50,215.23
Virginia 26,300.00 9,255.87
Georgia. 28,000.00 27,072.74
10
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146 Fire and Fibe-Marine [Dec. 31,
BUSINESS IN NEW HAMPSHIRE, 18«S.
Fire risks written $264,090.00
Premiums receiyed 3,825.77
Losses paid 2,82L80
Losses incurred. 2,068.79
CALEDONIAN INSURANCE COMPANY.
UNITED STATES BRANCH.
Edinburgh, Scotlaio).
Commenced basiness in the United States 1890.
Resident Manager, Charles H. Post, New York City.
ASSETS.
Loans on mortgages of real estate (first liens) $60,000.00
Value of lands mortgaged $100,000.00
Market value of stocks and bonds 1,634,412.50
Cash in the company's ofllce 180.90
Cash deposited in bank 187,696.74
Interest due and accrued 17,921.05
Gross premiums in course of collection 112,295.65
Due for re-insurance on losses paid 13,396.89
Preminms more than three months due, $a,470JM.
Gross assets $2,015,904.S3
LIABILITIES.
Net amount of unpaid losses $203,068.6*
Unearned premiums at fifty per cent, of gross premiums. . 1,083,253.48
Commissions and brokerage 19,382.44
Re-insurance 4,934.44
All other liabiUties 22,210.67
Gross liabilities $1,832,849.67
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1895.] Insubance Companies. 147
INCOME.
Caah reoelTed for gross premiums $1,888,486.92
Deduct re-lnsorance, rebate, and retam premiums. . 080,924.68
Net cash received for premiums— all fire $1,807,561.24
Interest and dividends from all other sources 74,652.88
Gross cash income $1,382,214.07
EXPENDITURES,
Gross amomit paid for losses $1,064,402.87
Deduct salvage and re-lnsorance 68,241.12
Net amount paid for losses— all fire $986,161.25
Commissions and brokerage 259,164.89
Salaries and fees of officers and employes 74,610.88
State and local taxes 47,888.79
All other payments and expenditures 100,805.80
Gross cash expenditures $1,467,626.61
BISKS AND PREMIUMS.
Fire BUk: Preimiums.
In force Dec. 31, 1894 $256,171,259.00 $2,829,766.52
Written or renewed during the year 144,655,997.00 1,807,113.81
Total $400,827,256.00 $4,686,879.88
Deduct risks expired or terminated 184,169,605.00 2,257,288.92
In force at the end of the year $216,657,651.00 $2,879,590.91
Deduct amount re-insured 15,884,975.00 218,088.94
Net amount in force Dec. 81, 1895 $201,272,676.00 $2,166,506.97
MISCELLANEOUS.
Premiums received in the United States $7,918,997.82
Losses paid in the United States 4,615,361.68
Fire losses incurred during the year 928,902.50
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. Depogita. Liabilitiee.
Ohio $110,500.00 $42,034.80
Oregon 50,000.00 4,696.60
Georgia 25,000.00 21,413.87
Virginia 25,000.00 16,011.86
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148 Fire and Fire-Marike [Dec. 31,
BUSINESS IN NEW HAMPSHIRE, 1805.
Fire risks written $758,998.00
Premiums received 12,487.42
Losses paid 7,647.14
Losses incurred 5,817.02
COMMERCIAL UNION ASSURANCE COMPANY.
(LIMITED.)
UNITED STATES BRANCH.
LoNDOir, England.
Commenced business in the United States, 1871.
Resident Manager , Chablss Sew all, New York City.
ASSETS.
Cash value of real estate, less incumbrances thereon $870,396.85
Market value of stocks and bonds 1,628,057.50
Cash in the company's office 408.82
Cash deposited in bank 585,518.25
Interest due and accrued 28,212.48
Gross premiums in course of collection 418,487.80
Rents due and accrued 8,010.09
Bills receivable, not matured, taken for premiums 18,794.18
Due for re-insurance on losses paid 2,551.74
Gross assets $3,506,081.16
LIABILITIES.
Net amount of unpaid losses $290,298.19
Unearned premiums at fifty per cent, of gross premiums.. 1,948,816.52
Reclaimable on perpetual fire policies 67,256.01
Commissions and brokerage 59,192.41
Return premiums 1,027.56
Re-insurance 2,169.79
Gross liabilities $2,868,755.48
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1895.] Insukance Companies. 149
INCOME.
Marine
Fire. and Inland.
Cash received for ^ ross premiums $8479,528.74 $209,094.82
Dedaot re-insurance, rebate, and return
premiums 674,957.86 6,377.06
Net cash received for premiums $2,604,665.88 $208,717.27
• $2,708,283.15
Interest and dividends from fill sources 76,148.20
Income from all other sources 29,642.15
Deposit premiums received for perpetual fire risks $14,200.90
Gross cash income $2,814,073.50
EXPENDITURES.
Marine
Fire. and Inland.
Gross amount paid for losses $1,484,410.92 $248,444.44
Dedaot salva^ and re-insurance 28,542.68 18,207.81
Net amount paid for losses $1,406,868.24 $286,286.68
$1,641,104.87
Commissions and brokerage 457,956.41
Salaries and fees of officers and employes 142,723.04
State and local taxes 61,038.72
All other payments and expenditures 137,001.69
Gross cash expenditures $2,439,824.73
RISKS AND PREMIUMS.
Fire Biake, Premiums.
In force Dec. 81, 1894 ^ $379,256,704.00 $4, 170,589.09
Written or renewed during the year 283,633,327.00 3,138,509.51
Total $662,890,031.00 $7,309,098.60
Deduct risks expired or terminated 292,334,167.00 3,347,845.65
In force at the end of the year $370,555,864.00 $3,961,252.95
Deduct amount re-insured 7,307,704.00 82,375.95
Net amount in force Dec. 31, 1895 $363,248,160.00 $3,878,877.00
Perpetual risks in force $3,536,879.17 $74,728.90
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150 FmE AND Fire-Marine [Dec. 31,
Marine and
Inland RUkt, Premiums.
In force Dec. 31, 18W $1,788,522.00 $18,712.60
Written or renewed during the year 27,965,064.00 208,22L51
Total $29,774,486.00 $226,934.11
Deduct risks expired or terminated 29,030,334.00 207,303.05
In force at the end of the year $744,152.00 $19,631.06
Deduct amount re-insured 30,000.00 875.00
Net amount in force Deo. 31, 1895 $714,152.00 $18,756.06
MISCELLAKEOUS.
Premiums received in the United States $41,626,6(^.00
Losses paid in the United States 25,809,297.00
Fire, marine, and inland losses incurred during the year. . 1,642,714.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. Deposits, Liabilities.
Ohio $109,000.00 $77,959.17
Virginia 54,500.00 36,522.88
Georgia 27,250.00 56,104.23
Oregon 54,500.00 12,194.46
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written $875,907.00
Premiums received 13,377.26
Losses paid 6,802.00
Losses iDCurred 5,342.00
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1895.] Insurance Companies. 151
IMPERIAL INSURANCE COMPANY.
(LIMITED.)
UNITED STATES BRANCH.
London, England.
Commenoed basiness in the United States, 1868.
BeHdent Managers, Courtney & McCay, New York City.
ASSETS.
Cash value of real estate, less incumbrances thereon $476,684.70
Market value of stocks and bonds 1,097,708.88
Cash deposited in bank 182,004.88
Interest due and accrued 5,001.67
Gross premiums in course of collection 186,018.84
Rents due and accrued 2,778.50
Gross assets $1,900,221.87
LIABILITIES,
Net amount of unpaid losses $77,805.05
Unearned premiums at fifty per cent, of gross premiums. . 868,684.86
Commissions and brokerage 20,008.61
Gross liabilities $966,408.02
D^COME.
Ca«h received for gross premiums 11,668,802.88
Deduct re-insnrance, rebate, and return premiums. . 888,100.47
Net cash received for premiums — all fire $1,169,602.42
Interest and dividends from all sources 87,267.68
Income from all other sources 86,600.66
Gross cash income $1,248,469.76
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152 Fire and Fire-Mariki; [Dec. 31,
EXPENDITURES.
Gross amoant paid for losses $682,081.91
Deduct salra^e and re-insurance 66,411.66
Net amount paid for losses^-all fire $625,670.25
CommiBsions and brokerage 215,251.23
Salaries and fees of officers and employes 102,965.85
State and local taxes 46,741.17
All other payments and expenditures 56,1*^.79
Gross cash expenditures $1,046,804.29
RISES AND PREMIUMS.
Fir9 BiBkB. PremiumB.
In force Dec. 31, 1894 $182,650,878.29 $1,856,213.34
Written or renewed during the year 134,638,866.16 1,553,747.33
Total $317,289,744.45 $3,409,960.67
Deduct risks expired or terminated 143,285,274.68 1,554,582.57
In force at the end of the year $174,004,469.77 $1,855,378.10
Deduct amount re-insured 12,351,582.71 118,000.32
Net amount in force Dec. 31, 1895 $161,652,887.06 $1,737,368.78
MISCELLANEOUS.
Premiums received in the United States $23,352,572.67
Losses paid in the United States 15,307,007.76
Fire losses incurred during the year 592,655.55
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. DepoeitB, LiabUitieB.
Ohio $131,400.00 $26,261.57
Virginia 54,750.00 13,420.12
Georgia 27,875.00 9,839.28
Oregon 54,750.00 12,875.76
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $881,069.00
Premiums received 13,946.91
Losses paid 5,976.98
Losses Incurred 5,701.98
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1895.] Insubance Cohpanies. 153
LANCASHIRE INSURANCE COMPANY.
UNITED STATES BRANCH.
Makchestbb, England.
Commenced business In the United States, 1872.
Besident Manager, E. Litchfield, New York City.
ASSETS.
Cash yalue of real estate, less incumbrances thereon $385,585.72
Market value of stocks and bonds 1,549,502.50
Cash in the company^s office 1,129.88
Cash deposited in bank 127,201.61
Gross premiums in course of collection 244,436.33
Gross assets $2,307,856.04
LIABILITIES.
Net amount of unpaid losses $229,003.13
Unearned premiums at fifty per cent, of gross premiums. . 1,214,364.00
Commissions and brokerage 40,000.00
Taxes 6,000.00
Gross liabilities $1,488,367.13
INCOME.
Cash reoeived for gross premiums $2,597,647.00
Deduct re-insurance, rebate, and return premiums. 700,895.57
Net cash received for premiums — ^all fire $1,896,651.43
Interest and dividends from all sources 65,964.26
Income from all other sources 3,443.83
Gross cash income $1,966,059.52
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154 FiKB AKD Fire-Marine [Dec. 31,
EXPENDITURES.
Gross amount' paid for losses— all fire $1,118,679.61
Commissions and brokerage 313,608.94
Salaries and fees of officers and employes 171,951.02
State and local taxes 42,957.96
All other payments and expenditures 149,964.84
Gross cash expenditures $1,792,166.87
BISKS AND PREMIUMS.
Fir« BUk$, PremitMiM.
In force December 31, 1894 $228,683,276.00 $2,598,721.01
Written or renewed during the year 224,395,432.00 2,684,042.13
Total $448,078,708.00 $5,182,763.14
Deduct risks expired or terminated 217,651,094.00 2,662,295.59
In force at the end of the year $230,427,614.00 $2,620,467.55
Deduct amount re-insured 21,484,388.00 191,739.55
Net amount in force Dec. 31, 1895 $208,943,226.00 $2,428,728.00
MISCELLANEOUS.
Premiums received in the United States $28,982,251.00
Losses paid in the United States 18,945,209.00
Fire losbes incurred during the year 1,062,839.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
aiate or Country, DepoeiU. LiahilUie:
Ohio $110,000.00 $48,816.90
Virginia 55,000.00 16,868.94
Georgia 25,250.00 27,296.17
Oregon 55,000.00 , 8,033.76
BUSINESS IN NEW HAMPSHIRE, 1895.
Pire risks written $611,494.00
Premiums received 8,409.87
Losses paid 5,364.57
Losses incurred 2,784.58
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1895.] Insurance Companies, 155
LIVERPOOL AND LONDON AND GLOBE INSURANCE
COMPANY.
UNITED STATES BRANCH.
Liverpool, Englajtd.
Commenced businesB in the United States, 1848.
Resident Manager^ Henry W. Eaton, New York City.
ASSETS.
Cash value of real estate, less incumbrances thereon $1,752,000.00
Loans on mortgages of real estate (first liens) 8,587,571.14
Interest due and accrued thereon 48,404.78
Value of lands mortgaged $8,380,400.00
Value of buildings thereon 8,680,908.00
Market value of stocks and bonds 1,991,025.00
Cash in the company^s office 2,697.08
Cash deposited in bank 412,594.10
Interest due and accrued 526.86
Gross premiums in course of collection 845,782.10
Rents due and accrued 15,000.00
All other assets 14,833.00
Premiums more than three months due, $68,864.18.
Gross assets $8,670,434.06
LIABILITIES.
Net amount of unpaid losses $638,582.54
Unearned premiums at fifty per cent, of gross premiums. . 3,984,233.02
Reclaimable on perpetual fire policies 880,616.21
Net premium reserve under life department 104,109.94
Contingent reserve 50,000.00
Commissions and brokerage 93,356.42
Re-insurance 68,877.76
Gross liabilities $5,264,775.89
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156 FiBE AND Fire-Mabine [Dec. 31,
INCOME.
Cash reoeived for icross premlnnu $7,176,978.29
Deduct re-lnsorance, rebate, and return premlimu . . 1,678,847418
Net cash received for premiums— all fire $5,600,129.27
Received for interest on mortgages 148,220.97
Interest and dividends from all other sources 71,223.20
Income from all other sources 59,735.96
Deposit premianu received for perpetual fire risks, $7,286.80.
Gross cash income $5,879,306.80
EXPENDITURES.
Gross amount paid for losses $8,029,216.65
Deduct salvage and re-insurance 886,822.98
Net amount paid for losses— all fire $3,130,802.67
Commissions and brokerage 945,105.30
Salaries and fees of officers and employes 817,409.69
State and local taxes 111,788.98
^11 other payments and expenditures 322,909.02
Deposit premiums returned on perpetual fire risks, $10,277.66.
Gross cash expenditures $4,828,195.61
RISKS AND PREMIUMS.
Fire BUk9. Premium*.
In force Dec. 31, 1894 $890,988,884.00 $8,546,571.40
Written or renewed during the year 715,761,722.00 7,224,648.57
Total $1,606,750,056.00 $15,771,219.97
Deduct risks expired or terminated 704,246,200.00 7,310,652.85
In force at the end of the year $902,503,856.00 $8,460,567.12
Deduct amount re-insured 57,239,571.00 492,101.06
Net amount in force Dec. 31, 1895 $845,264,285.00 $7,968,466.04
Perpetual risks in force $10,218,499.00 $348,017.06
MISCELLANEOUS.
Premiums received in the United States $110,312,822.35
Losses paid in the United States 66,440,871.90
Fire losses incurred during the year 3,058,468.54
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1895.] Insurance Companies. 157
Amounts deposited for the exolusiye protection of policy-
holders in other states or countries, as follows, viz. :
Value of
8tate or Country, Depogits, LiabiliH9§,
Ohio $109,500.00 $96,894.00
Oregon 54,750.00 26.487.66
Virginia. 49,276.00 69,681.00
Georgia 27,875.00 42,218.87
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,940,683.00
Premiums received 21,840.07
Losses paid 18,114.65
Losses incurred 18,624.66
LONDON ASSURANCE CORPORATION.
UNITED STATES BRANCH.
London, England.
Commenced baainess in the United States, 1872.
ReHdent Manager, Chabuss L. Case, New York City.
ASSETS.
Loans on mortgages of real estate (first liens) $15,000.00
Market value of stocks and bonds 1,837,245.00
Cash in the company's office 1,849.60
Cash deposited in bank 247,710.76
Cash in hands of special agents 265.70
Interest due and accrued 5,889.59
Gross premiums in course of collection 218,668.82
Bills receivable, not matured, taken for premiums 28,846.23
Due for re-insurance on losses paid 18, 178.10
Gross assets $2,873,648.80
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158 FmE AND Fire-Marine [Dec. 31,
LIABILITIES.
Net amount of unpaid losses $230,TiO.OO
Unearned premlams at 60 per oent. on fire risks #746,588^
Unearned premlams at 100 per cent, on marine risks. . . 68,489.06
Total unearned premiums 810,027.W
Reclaimable on perpetual fire policies 174.80
Commissions and brokerage 27,803.61
Return premiums 767.21
Be-insuranc« 9,680.91
Gross liabilities $1,079,224.47
INCOME.
Marine
Fire. and Inland.
Cash received for gross premlams $1,048,866.00 $478,081.80
Dedact re-lnsarance, rebate, and return
premlams 220,079.84 88.990.85
Net cash received for premlams — $827,886.78 $884,081.45
$1,211,417.20
Received for interest on mortgages 675.00
Interest and dividends from all other sources 74,750.51
Gross cash income $1,286,842.71
EXPENDITURES.
Marine
Fire . and Inland.
Gross amoant paid for losses $611,080.80 $814,718.86
Dedact salvage and re-lnsarance 80,202.87 29,689.67
Net amoant paid for losses $480,828.52 $285,129.18
$765,957.70
Commissions and brokerage 196,819.07
Salaries and fees of officers and employes 86,208.09
State and local taxes 81,146.90
All other payments and expenditures 72,858.83
Gross cash expenditures $1,152,989.99
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1895.] Insubance Companies. 159
RISKS AND PREMIUMS.
Flr0 Bitkt. PremiufM,
In force Dec. 31, 1894 $181,679,673.00 $1,682,241.22
Written or renewed during the year 115,111,511.00 1,065,107.55
Total $296,791,184.00 $2,747,348.77
Deduct risks expired or terminated 122,094,024.00 1,171,329.38
In force at the end of the year $174,697,160.00 $1,576,019.39
Deduct amount re-insured 9,067,633.00 82,757.59
Net amount in force Dec. 31, 1895 $165,609,522.00 $1,493,261.80
Marine and
Inland BUk§. PremiumM.
In force Dec. 31, 1894 $2,892,001.00 $58,340.75
Written or renewed during the year 86,658,838.00 513,956.55
Total $89,550,839.00 $572,297.30
Deduct risks expired or terminated 85,320,741.00 480,126.45
— ^— ~— ■
In force at the end of the year $4,280,098.00 $92,170.85
Deduct amount re-insured 1,365,115.00 28,681.80
Net amount in force Dec. 31, 1895 $2,864,983.00 $63,489.05
MISCELLANEOUS.
Premiums received in the United States $19,577,148.00
Losses paid in the United States 11 J31,112.00
Fire, marine, and inland losses incurred during the year . . 810,078.41
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. Depoeite. Liabilitiee.
Georgia $28,000.00 $750.00
Ohio 112,000.00 38,800.04
Oregon 56,000.00 6,693.27
Virginia 52,800.00 7,607.07
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $143,200.00
Premiums received 1,824.45
Losses paid 55.56
Losses incurred 55.56
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160 FiEE AND Fibe-Mabine [Dec. 31,
LONDON AND LANCASHIRE FIRE INSURANCE
COMPANY.
UNITED STATES BRANCH.
LiYEBPOOL, England.
Commenced bosiness in the United States, 1879.
Resident Manager , A. G. McIlwaine, Je., New York City.
ASSETS.
Cash value of real estate, less incumbrances thereon $290,125.00
Market value of stocks and bondd 1,907,489.00
Cash in tlie ^ompany^s office 37,846.50
Cash deposited in bank 51,555.65
Gross premiums m course of collection 289,889.03
Rents due and accrued 3,500.91
Bills receivable, not matured, taken for premiums 12,105.60
Due for re-insurance on losses paid 0.74
Premiums more than three months dne, $17,680.67.
Gross assets $2,601,570.52
LIABILITIES.
Net amount of unpaid losses $134,002.00
Unearned premiums at fifty per cent, of gross premiums. . 1,462,550.27
Commissions and brokerage 53,628.00
Return premiums 4,200.50
Re-insurance 14,460.24
Gross liabilities $1,660,850.18
INCOME.
Cash received for gross premiums $2,568,877.20
Deduct re-insurance, rebate, and return premiums. . 709,870.56
Net cash received for premiums — all fire $1,850,006.64
Interest and dividends from all sources 81,372.73
Income from all other sources 11,107.53
Gross cash Income $1,051,486.00
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1895.] Imsubancb Companies. 161
EZPENDITURES.
Oro60 amount paid for losses $1,119,891.61
Dedaot salYftire and re-lnsoranoe 1S4,081JS8
Net amount paid for losses— all fire $965,670.08
Commissions and brokerage 854,645.80
Salaries and fees of officers and employes 144,282.87
State and local taxes 40,120.64
All other payments and expenditures. 121,554.02
Gross cash expenditures $1,646,222.41
RISKS AND PREMIUMS.
Ftr€ SUh9. Premiumi,
In force Dec. 81, 1804 $866,885,341.00 $8,827,756.81
Written or renewed daring the year 288,618,817.00 2,562,700.03
Total $660,449,158.00 $5,880,546.34
Deduct rislcs expired or terminated 269,191,660.00 2,770,866.06
In force at the end of the year $881,257,498.00 $8,109,679.88
Deduct amount re-insured 16,626,009.00 184,664.84
Net amount in force, Dec. 81, 1896. . . . $364,632,489.00 $2,925,114.54
MISCELLANEOUS.
Premiums received in the United States $22,082,601.21
Losses paid in the United States 13,826,809.76
Fire losses incurred during the year 924,587.44
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
BtaU or Ckmntry. DepoHU. Liabilities
Ohio $111,000.00 $50,208.44
Virginia. 61,000.00 18,860.66
Georgia 29,544.00 25,825.87
Oregon 66,500.00 19,368.22
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,041,163.00
Premiums received 14,464.81
Losses paid 5,769.71
Losses incurred 6,716.71
11
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162 Fire ahd Fibe-Mabine [Dec. 81,
MANCHESTER FIRE ASSURANCE COMPANY.
UNITED STATES BRANCH.
Mahchsstbb, Engulhd.
Commenoed business in the United States, 1880.
Ite9ident Manager, W. W. Dxtdlet, Chioa«ro, 111.
ASSETS.
Market value of stooks and bonds $l,758,<na00
Bank certificate of deposit. 50,000.00
Cash in the company's office 21,107.&4
Cash deposited in bank 46,913.10
Interest due and accrued 6,607.50
Gross premiums In course of collection 297,072.00
Due for re-insurance on losses paid. 1,S49.00
Gross assets $2,180,620.50
LIABILITIES.
Net amount of unpaid losses $204,738.20
Unearned premiums at fifty per cent, of gross premiums. . 1,170,910.91
Commissions and brokerage 56,118.61
Gross liabilities $1,440,762.72
INCOME.
Cash received for gross premioms $2,040,668.17
Deduct re-insnranoe, rebate, and retam premioms.. . 616,401.72
Net cash received for premiums — all fire $1,624,151.56
Interest and dividends from all sources 60,417.50
Gross cash income $1,564,569.05
EXPENDITURES.
Gross amoont paid for losses $1,060,106.84
Dedaot salvage and re-insurance 80,468.80
Net amount paid for losses— all fire. $1,019,789.95
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1895.] Insurance Companies. 163
Commissions and brokerage. $208,748.65
Salaries and fees of officers and employes 91,287.51
State and local taxes 89,764.65
All other payments and expenditures 113,006.52
Gross cash expenditures $1,562,547.18
BISKS AND PREHIUM8.
Fir€ BUh9, PrwniufM.
In force Dec. 81, 1894 $188,102,242.82 $2,460,144.14
Written or renewed during the year 157,692,907.12 2,067,584.41
Total $846,795,149.94 $4,527,728.55
Deduct risks expired or terminated 151,623,916.45 2,062,631.62
In force at the end of the year $194,171,234.49 $2,476,096.93
Deduct amount re-insured 8,306,927.07 116,275.10
Net amount in force Dec. 8i; 1896 $186,134,307.42 $2,359,821.83
MISCELLANEOUS.
Premiums received in the United States $8,278,183.16
Losses paid in the United States 4,877,872.36
Fire losses incurred during the year 969,670.56
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. Depotite, Liabilitiea,
Ohio $110,000.00 $66,623.39
Georgia 27,500.00 6,886.88
Oregon 50,000.00 4,727.i6
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written $726,672.92
Premiums received 11,906.02
Losses paid 9,142.34
Losses incurred 6,019.02
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164 FntB AND Fire-Mabinb [Dec. 31,
NORTH BRITISH AND MERCANTILE INSURANCE
COMPANY.
UNITED STATES BRANCH.
LOITDON AKD EDUTBCrBOH, GbBAT BBITAIN.
Commenoed business in the United States, IMS.
BeHdent Manager, Hbnkt E. Bowbbs, New York City.
ASSETS.
Loans on mortgages of real estate (first liens) $450,000.00
Market value of stocks and bonds 2,714,829.00
Cash in the company's offices 10,961.06
Cash deposited in bank 190,250.07
Interest due and accrued 54,057.00
Gross premiums in course of collection 406,196^79
Bills receivable, not matured, taken for premiums 3,645.22
Due for re-insurance on losses paid 1,393.65
Premiums more than three months due, f M,M5.68.
Grossassets $3,833,132.81
LIABILITIES.
Net amount of unpaid losses $251,017.22
Unearned premiums at 60 per cent, on fire risks $1,811,868.87
Unearned premioms at 100 per cent, on re-insnred
risks 70.91
Total unearned premiums 1,8
Commissions and brokerage 79,509.30
Taxes and agency charges 11,238.12
Special agents' balances 9,960.05
Gross liabilities $2,234,506.36
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1895.] Insubancb Cohpamiss. 165
INCOME.
Caah received for gross premiums $2,878,879.74
Deduct re-lnsarance, rebate, and retam premiums. . 812,898.88
Net cash received for premiums— all fire $2,266,850.86
Beceiyed for interest on mortgages. 9,000.00
Interest and dividends from all other sources 125,567.51
Income from all other sources 6,908.64
Gross cash income $2,400,402.01
EXPENDITURES.
Gross amoimt paid for losses $1,426,088.81
Deduct salvage and re-insnranoe 61,874.84
Net amount paid for losses— all fire $1,364,164.47
Commissions and brokerage 873,544.20
Salaries and fees of officers and employes 205,668.01
State and local taxes 58,075.60
All other payments and expenditures 111,062.58
Gross cash expenditures $2,118,410.76
RISES AND PREMIUMS.
Fire BUkB, Pr&miumi. '
In force December 81, 1894 $845,295,749.00 $8,890,741.97
Written or renewed during the year 281,978,038.00 2,940,606.99
Total $627,268,787.00 $6,881,848.96
Deduct risks expired or terminated 261,228,180.00 2,957,711.69
In force at the end of the year $866,046,657.00 $8,878,687.27
Deduct amount re-insured 20,980,681.00 179,009.98
Net amount in force Dec. 81, 1895 $845,064,976.00 $8,694,627.84
MISCELLANEOUS.
Premiums received in the United States $46,669,276.78
Losses paid in the United States 29,872,092.93
Fire losses incurred during the year 1,328,764.62
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Oountry. Depotita, LiaHUtiee,
Ohio $104,000.00 $116,824.22
Oregon 62,480.00 16,401.48
Virginia 64,797.00 22,420.87
Georgia 27,626.00 80,868.92
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166 Fire and Fibs-Maiiike [Dec. 31,
BUSINESS IK NEW HAMPSHIRE, 1806.
Fire risks written. $86d,071.00
Premiums received 12,667.29
Losses paid 2,006.04
Losses incurred 1,855.71
NORTHERN ASSURANCE COMPANY.
UNITED STATES BRANCH.
London, England.
Commenced business in the United States, 1876.
Re9ident Manager, Gsobos W. Babb, Jb., New York City.
ASSETS.
Cash yaiue of real estate, less incumbrances thereon $116,000.00
Market value of stocks and bonds 1,584,062.07
Cash in the company*s office 2,300.79
Cash deposited in bank 86,534.88
Interest due and accrued 8,860.00
Gross premiums in course of collection 216,243.84
All other assets 4,11,7.18
Premiums more than three months dae $4,187.00
Gross assets $2,012,118.71
LIABILITIES.
Net amount of unpaid losseB $121,144.82
Unearned premiums at fifty per cent, of gross premiums. . 1,018,841.00
Commissions and brokerage 20,988.02
Return premiums 22,726.87
Re-insurance 13,692.89
Suspense account 2,024.59
Gross liabilities ". $1,207,J
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1895.] Insubanck C0KPANIE8. 167
INCOME.
Ga3h reoelTSd f or groM premiumB $1,668,486^5
Deduct re-lDBuruioe, rebate, and retam premlamB.. 417,112.57
Ket oMh received for premiums— all fire $1,841,824.88
Interest and dividenda from all souroee 62,702.34
Gross cash income $1,294,026.72
EXPENDITURES.
Gross amooat paid for losses $888,147.16
Deduct salvage and re-insarance, 108,087.68
Net amount paid for losses— all fire $787,119.46
Commissions and brokerage 192,062.86
Salaries and fees of officers and employes 82,811.56
State and local taxes 86,408.95
All other payments and expenditures 126,880.06
Gross cash expenditures $1,175,768.20
RISES AND PREMIUMS.
In force Dec. 31, 1804 $166,208,752.00 $2,051,800.66
Written or renewed during the year 140,700,080.00 1,660,320.64
Total $307,007,782.00 $3,721,220.80
Deduct risks expired or terminated 131,267,206.00 1,620,565.40
In force at the end of the year. $175,740,576.00 $2,001,654.00
Deduct amount re-insured 5,620,206.00 54,071.70
Net amount in force Dec. 31, 1806 $170, 120,870.00 $2,086,688.20
MISCELLANEOUS.
Premiums received in the United States $16,185,001.80
Losses paid in the United States 10,168,861.30
Fire losses incurred during the year 711,884.82
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. DepoHt; Liahilitiet,
Ohio $100,500.00 $70,080.20
Virginia 54,750.00 13,118.16
Georgia. 27,875.00 22,153.25
Oregon 51,410.00 6,603.27
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168 FiBB AND Firb-Marinb [Dec. 31,
BUSINESS IN NEW HAMPSHIRE, 1885.
Fire risks written $576,886.00
Premiums received 8,728.84
Loflses paid 1,481.TO
Losses incurred 1,460.72
NORWICH UNION FIRE INSURANCE SOCIETY.
UNITED STATES BRANCH.
Norwich, Bkolakd.
Commenced business in the United States, 1877.
ReHdent Manager^ J. Montgomxbt Habb, New York City.
ASSETS.
Loans on mortgages of real estate (first liens) $40,000.00
Interest due and accrued thereon 150.00
Value of mortffaffed premises $80,000.00
Insnranoe held as collateral 40,000.00
Market value of stocks and bonds 1,723,088.17
Cash in the company^s office 1,655.87
Cash deposited in bank 248,565.04
Gross premiums in course of collection. \ 155,165.85
Due for re-insurance on losses paid 9.46
Premiums more than three months due $16,000.81
Gross assets $2,170,234.89
LIABILITIES.
Net amount of unpaid losses $186,464.53
Unearned premiums at fifty per cent of gross premiums. . 1,168,243.67
Due and accrued for salaries, rent, and incidental expenses 2,851.49
Commissions and brokerage. 30,248.51
Gross liabilities $1,888,808.20
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1895.] Insurancb Companies. 169
INCOME.
OBMh FMMlTed f or gron premlimis $1,981,877.90
I>ediiot re-insnranoe, rebate, and return premiums. . . 896,461.46
Net OMh received for p^miums — all fire $1,525,426.45
Received for interest on mortgages 1,800.00
Interest and dividends from all other sources 66,470.01
Income from all other sources 15,454.49
Gross cash income $1,008,160.85
EXPENDITURES.
Gross amoimt paid for losses $946,096.77
Deduct salvage and re-insarance 47,110.08
Net amount paid for losses — all fire $897,068.75
Ck>mmis6ions and brokerage 259,077.88
Salaries ai^d fees of officers and employes 186,138.40
State and local taxes 19,589.81
All other payments and expenditures 114,952.00
Gross cash expenditures $1,428,586.79
RISKS AND PREMIUMS.
Fire SUk§. Premiunu.
In force Dec. 81, 1894 $219,233,285.00 $2,346,963.18
Written or renewed during the year 182,760,939.00 1,958,433.47
Total $401,994,224.00 $4,305,396.65
Deduct risks expired or terminated 168,643,911.00 1,877,885.89
In force at the end of the year $283,350,313.00 $2,427,560T76
Deduct amount re-insured 8,735,518.00 89,073.42
Net amount in force Dec. 31, 1896 $224,614,795.00 $2,838,487.34
MISCELLANEOUS.
Premiums received in the United States $16,364,498.47
Losses paid in the United States 9,682,120.11
Fire losses incurred during the year 910,023.59
Amounts deposited for the exclusive protection of pol-
icy-holders in other states or countries, as follows, viz. :
Value of
8tat« or Country. DepoeiU. Liabilitiet.
Ohio $110,055.00 $48,070.76
Oregon 55,500.00 15,204.82
Georgia 27,750.00 32,869.51
Virginia 36,630.00 21,802.99
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170 Fire and Fms-MABniE [Dec. 31,
BUSINESS IN NBW HAMPSHIRE, 1896.
Fire risks written $420,50100
Premiums received. 4,897.60
Losses paid 425.96
Losses incurred 419.41
PALATINE INSURANCE COMPANY.
UNITED STATES BRANCH.
Manghbstbb, Enolahd.
Commanoed basineu in the United States, isn.
Betident Manager^ William Wood, New York City.
ASSETS.
Loans on mortgages of real estate (first liens) $50,000.00
Interest due and accrued tbereon 200.00
Value of lands mortgaged $125/M».00
Value of buildings thereon S6,000.00
Insurance held as collateral 6,000.00
Market yalire of stocks and bonds I,8S5,151.00
Cash in the company^s office 2,867.S7
Cash deposited in bank 564,001.33
Gross premiums in course of collection 888,618.58
Premiums more than three months due $l»a81.78
Gross assets $2,886,286.28
LIABILITIES.
Net amount of unpaid losses $841,778.60
Unearned premiums at fifty per cent, of gross premiums. . 1,717,175.07
Commissions and brokerage 64,202.22
Due and to become due for borrowed money 85,000.00
Taxes 067.26
Return premiums 43,064.21
Re-insurance 11,184.55
Gross liabilities $2,214,862.00
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1895.] Insurancb Companibs. 171
IKCOMB.
Caah leoelTed for gross premlnins $MWt579^
Deduct re-insuranoe, rebate, and return premiums. . 860,488.91
Ket cash received for premiums— all fire 18,046,084.97
Received for interest on mortgages. 3,000.00
Interest and dividends from all other sources 71,107.00
Gross cash income $8,119,191.07
EXPENDITURES.
Gross amoont paid for losses $1,818,490.92
Dedoot salvage and re-lnsaranoe 80,946.19
Net amount paid for losses— all fire $1,788,174.78
Commissions and brokerage 778,028.02
Salaries and fees of officers and employes 179,504.86
State and local taxes 45,604.26
All other payments and expenditures 108,652.82
Gross cash expenditures $2,889,868.69
RISKS AND PREMIUMS.
Fire BUkB. Premiumt.
In force Dec. 81, 1894 $229,281,877.00 $2,642,445.21
Written or renewed during the year 839,742,583.00 8,844,223.98
Total $569,028,960.00 $6,486,669.14
Deduct risks expired or terminated 263,771,294.00 3,005,706. 13
In force at the end of the year $805,252,666.00 $8,480,968.01
Deduct amount re-insured 5,010,862.00 46,599.06
Net amount in force Dec. 81, 1895 $300,241,804.00 $3,484,868.95
MISCELLANEOUS.
Premiums received in the United States $8,827,476.00
Losses paid in the United States 4,989,580.00
Fire losses incurred during the year 1,802,682.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
ataie or Ootmiry, DepoHU, LiabilitUt,
Oregon $60,000.00 $9,451.20
Georgia 25,562.00 88,632.39
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172 Fqke and Firb-Mabihs [Dec. 81,
BUSINESS IN NEW HAMPSHIRE, 1885.
Fire risks written $895,827.00
Premiums received 7,191.63
Losses paid 1,271.00
Losses incurred 1,271.00
PHGENIX ASSURANCE COMPANY.
UNITED STATES BRANCH.
LoimoN, EiroLAJin).
Gommenoed buBlness in the United States, 1879.
ReHdent Jfono^er, A. D. Ibviho, New York City.
ASSETS.
Market value of stocks and bonds $1,757,485.00
Cash in hands of United States trustees 611,556.80
Cash deposited in bank 61,786.42
Gross premiums in course of collection. 217,929.78
Due for re-insurance on losses paid 7,208.83
Premiums more than three months dae, $S,n4.M.
Gross assets $2,655,915.88
LIABILITIES.
Net amount of unpaid losses $289,178.00
Unearned premiums at fifty per cent, of gross premiums. . 1,491,680.45
Commissions and brokerage 85,125.47
Return premiums 4,619.34
Re-insurance 109,896.11
Gross Uabilities $1,880,499.37
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1895.] Insubancb Companies. 178
IKCOMB.
Gash received for gross premiums $S,587,5W.96
Deduct re-insur»nce, rebate, and return premiums.. It484,in.70
Net cash received for premiums— All fire $2,048,897.26
Interest and dividends from all sources 68,288.04
Grosscash income $2,111,685.30
EXPENDITURBS.
GrosA amount paid for losses $1,760,686.40
Deduct salvage and re-insurance 6W,440.02
Net amount paid for losses— all fire $1,160,124.88
Commissions and brokerage 884,246.18
Salaries and fees of officers and employes 108,882.61
State and local taxes 47,194.26
AU other payments and expenditures 188,033.04
Gross cash expenditures $1,888,481.87
RISES AND PREMIUMS.
Fire BUkB. PremiuvM.
In force Deo. 81, 1894 $884,180,108.00 $8,670,483.71
Written or renewed during the year 370,207,264.00 8,497,754.06
Total $754,887,367.00 $7,168,287.77
Deduct risks expired or terminated 869,271,198.00 8,318,489.20
In force at the end of the year $885,116,169.00 $8,849,798.57
Deduct amount re-insured 87,794,427.00 866,487.66
Net amount in force Dec. 81, 1895 $297,321,742.00 $2,983,360.91
MISCELLANEOUS.
Premiums received in the United States $23,358,980.60
Losses paid in the United States 14,602,191. 17
Fire losses incurred during the year 1,160,726.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Ckyuntry, Depoeite, Liabilitiee,
Ohio $112,000.00 $65,832.28
Virginia 22,400.00 26,586.08
Georgia 28,000.00 8,568.55
Oregon 56,000.00 14, 128.65
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174 FiRB AND FnuB-MABiHE Dec. 81,
BUSINESS IN NSW HAMPSHIRE, 1886.
Fire riBks written $466,082.51
Premiums received 6,796.49
Losses paid 1,61&71
Losses inourred 2,004.00
ROYAL INSURANCE COMPANY.
UNITED STATES BRANCH.
LlVXBPOOL, Ehglahd.
Commenced business In the United States, 1851.
Managers N. E. Department, Scull A Field, Boston, Mass.
ASSETS.
Casli value of real estate, less incumbrances thereon $1,756,156.24
Loans on mortgages of real estate (first liens) 291,000.00
Interest due and accrued thereon 1,234.90
y alae of mortga^red premises $64S,600.00
Insurance held as collateral 294,000.00
Market value of stocks and bonds ^ 4,242,165.00
Cash in the company's oflBce 5,906.58
Cash deposited in bank 472,650.25
Interest due and accrued 8,811.77
Gross premiums in course of collection 656,984.27
Rents due and accrued 14,769.27
Bills receivable, not matured, taken for premiums 7,475.14
Due for re-insurance on losses paid 2,780.60
Premiums more than three months due, $24,911.91.
Gross assets $7,464,943.11
LIABILITIES.
Net amount of unpaid losses $505,851.77
Unearned premiums at fifty per cent, of gross premiums.. 8,905,909.62
Reclaimable on perpetual policies 217,623.61
Net premium reserve under life department 116,500.00
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1895.] Insurance Companies. 175
Commissions and brokerage $117,788.94
Liabilities of the Qneen Ins. Go. assumed 5,000.00
Retnm premiums 23,448.00
Re-insurance 170,286.79
Taxes 16,645.94
Gross liabilities.. $6,168,064.67
INCOME.
Cash received for 8T088 premioms $6,466,466.04
Dedaot re-insorance, rebate, and retam premloms. . 1,688,068.06
Net cash received for premiums— all fire $4,875,872.96
Received for interest on mortgages 16,867.66
Interest and dividends from all other sources 186,994.03
Income from all other sources 69,826.92
Deposit prezniams received for perpetnal risks, $86,444.86.
Gross cash income $6,137,661.67
EXPENDITURES.
Gross amoant paid for losses 68,096,488.97
Deduct salvage and re-insurance 802,622.26
Net amount paid for losses — all fire $2,723,861.72
Commissions and brokerage 841,284.11
Salaries and fees of officers and employes 324, 178.80
State and local taxes 124,161.17
All other payments and expenditures 265,666.69
Deposit premiums returned on perpetual risks, $28,840.00.
Gross cash expenditures $4,269,042.49
RISES AND PREMIUMS.
Fire BUk: PremiufM.
In force Dec. 31, 1894 $796,795,680.11 $8,106,763.46
Written or renewed during the year 682,955,966.07 6,464,660.79
Total $1,478,761,486.18 $14,661,314.26
Deduct risks expired or terminated 618,995,623.48 6,007,688.10
In force at the end of the year $869,756,862.70 $8,563,626.16
Deduct amount re-insured 79,074,071.66 671,273.64
Net amount in force Dec. 31, 1896 $780,681,791.04 $7,982,362.61
Perpetual risks inforce $8,981,848.64 $9,466.63
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176 Fire and Fibe-Mabdie [Dec. 31,
MISCELLANEOUS.
Premiums received in the United States $68,S12,857.06
Losses paid in the United States 36,443,586.65
Fire losses incurred during the year 2,632,006.41
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz.:
Value of
State or Country. Depoeite. lAabilUiee,
Ohio $227,000.00 $437,649.10
Virginia 113,500.00 63,463.37
Georgia 29,125.00 50,862.41
Oregon 58,250.00 16,050.82
BUSINESS IN NEW HAMPSHIRE, 1895.
Fire risks written $1,832,355.00
Premiums received 26,587.20
Losses paid 14,128.22
Losses incurred 13,181.88
SCOTTISH UNION AND NATIONAL INSURANCE
COMPANY.
UNITED STATES BRANCH.
Edinburgh, Scotland.
Commenoed bnsiness in the United States, 1880.
Retident Manager, Mabtin Bbnnbtt, Hartford, Conn.
ASSETS.
Cash value of real estate, less incumbrances thereon $84,389.94
Loans on mortgages of real estate (first liens) 1,448,900.00
Interest due and accrued thereon 43,599.96
Value of lands mortgaged $1,748,800^10
Valne of buildings thereon 1.888,406.00
Inaaranoe held as collateral l,664,08ft.O0
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1895.] Insurance Companies. 177
Market value of stocks and bonds $1,241,156.06
Cash in the company's office 802.99
Cash deposited in bank 286,861.26
Interest due and accrued 12,106.54
Gross premiums in course of collection 258,596.70
Due for re-insurance on losses paid 2,610.22
Gross assets $3,323,521.67
LIABILITIES.
Net amount of unpaid losses $189,245.00
Unearned premiums at fifty per cent, of gross premiums. . 1,078,714.48
Commissions and brokerage 25,875.00
Re-insurance 97,650.25
Gross liabilities $1,391,484.73
INCOME.
Cash reoelTed for gross premlams $2,817,884.04
Deduct re-insnranoe, rebate, and return premlams. . 1,288,686 J!0
Net cash received for premiums — all fire $1,528,797.45
Received for interest on mortgages 72,645.56
Interest and dividends from all other sources 40,813.03
Gross cash income $1,642,256.04
EXPENDITURES.
Gross amount paid for losses— all fire $809,379.99
Commissions and brokerage 258,224.19
Salaries and fees of officers and employ^ 69,813.66
State and local taxes 44,019.33
All other payments and expenditures 110,831.73
■
Gross cash expenditures $1,292,268.90
RISKS AND PREMIUMS.
Fir0 BiMk9. PremiuntB.
In force Dec. 81, 1894 $279,142,038.00 $2,769,173.35
Written or renewed during the year 286,473,800.00 2,873,258.75
Total $565,616,83a00 $5,642,432.10
Deduct risks expired or terminated 221,740, 134.00 2,524,926.93
In force at the end of the year $343,875,704.00 $8,117,505.17
Deduct amount re-insured 104,196,888.00 960.076.20
Net amount in force Dec. 31, 1896 $289,679,371.00 $2,157,428.97
12
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178 Fire and Fibe-Marihe [Dec. 31,
MISCELLANEOUS.
Premiums received in the United States $10,224,770.21
LoBses paid in the United'States 5,028,534.12
Fire loBses incurred during the year. 806,388.99
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
auU0 or Country. DepotiU. LidbilUie:
Ohio $101,000.00 $04,448.64
Oregon 64,760.00 7,028.82
Georgia 26,000.00 28,211.70
Virginia 62,600.00 28,788.85
Canada 112,600.00 67,679.86
BUSINESS IN NEW HAMPSHIRE, 1805.
Fire risks written $1,102,484.00
Premiums received 10,806.85
Losses paid 5,180.78
Losses incurred 5,061.85
SUN INSURANCE OFFICE.
UNITED STATES BRANCH.
LoiTDON, England.
Commenced basineas in the United States, 1889t.
Resident Manager^ J. J. Guile, New York City.
ASSETS.
Cash value of real estate, less incumbrances thereon $270,000.00
Loans on mortgages of real estate (first liens) 20S,000.00
Interest due and accrued thereon 1,076.88
Valne of lands mortgaged $188,000.00
Valaeof bnildings thereon 165,000.00
Insoranoe held ucollateral 187,000UX)
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1895.] Iksubance Companies. 179
Market value of stocks and bonds $1,511,810.00
Casb in the company's office 371.60
Cash deposited in bank 178,762.58
Interest due and accrued 24,731.24
Gross premiums in course of collection 287,018.07
Rents due and accrued 1,778.50
Premiums more than three months due, $17,610.18.
Gross assets $2,479,447.72
LIABILITIES.
Net amount of unpaid losses $170,108.75
Unearned premiums at fifty per cent, of gross premiums. . 1,407,850.11
Due and accrued for salaries, rent, and incidental expenses 1,108.33
Commissions and brokerage 00,925.65
Re-insurance 7,754.15
Gross liabilities $1,647,746.99
INCOME.
Csah received for gross premiums $2,078,816.09
Deduct re-lnsurance, rebate, and return premiums. . 487,861.04
Net cash received for premiums — all fire $1,591,465.05
Received for interest on mortgages 18,405.26
Interest and dividends from all other sources 62,977.75
Income from all other sources 9,820.25
Gross cash income $1,682,668.31
EXPENDITURES.
Gross amount paid for losses $016,608.50
Deduct salvage and re-insurance 86,078.02
Net amount paid for losses—411 fire $910,625.57
Commissions and brokerage 288,075.62
Salaries and fees of officers and employes 78,784.32
State and local taxes 35,253.72
All other payments and expenditures 163,601.89
Gross cash expenditures $1,476,341.12
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180 Fire and Fire-Mabdie [Dec. 81,
RISES AND PREMIUMS.
Fir€ Bi9k§. Pr^miuwu.
In force Dec. 81, 1894 $801,087,057.00 $2,900,884.18
Written or renewed during the year 199,416,066.00 2,006,408.14
Total $500,603,128.00 $6,027,287.32
Deduct risks expired or terminated 184,487,824.00 2,070,406.41
In force at the end of the year $316,015,299.00 $2,956,880.91
Deduct amount re-insured 14,904,382.00 141, 180.67
Net amount in force Dec. 31, 1895 $301,110,917.00 $2,815,700.24
MISCELLANEOUS.
Premiums received in the United States $18,921,604.97
Losses paid in the United States 12,289,248.69
Fire losses incurred during the year 865,856.45
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Country. DepoMitg. LiahiliHeB.
Ohio $107,000.00 $77,201.48
Virginia 11,200.00 11,860,39
Georgia 26,750.00 23,726.00
Oregon 54,500.00 35,812.41
BUSINESS IN NEW HAMPSHIRE, 1896.
Fire risks written $598,436.00
Premiums received « 6,446.12
Losses paid 4,897.51
Losses incurred 4,756.58
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1895.] Insurance Companies. 181
UNION MARINE INSURANCE COMPANY.
UNITED STATES BRANCH.
LiYEBPOOL, England.
Commenced business in tiie United States, 1880.
Jones and Whitlock, General Agents^ New York City.
ASSETS.
Market value of stocks and bonds $680,804.80
Cash deposited in bank 11,119.74
Gross premiums in course of collection 87,820.59
Bills receivable, not matured, taken for premiums 457.80
Due for re-insurance on losses paid 2,462.01
Premiums more than three months dne, $885.08.
Gross assets $591,164.94
LIABILITIES.
Net amount of unpaid losses $86,259.75
Unearned premioms at 60 per cent, on inland risks $11,9MJM
Unearned premiums at 100 per cent, on marine risks 88,806.61
Total unearned premiums 45,851.15
Due and accrued for salaries, rent, and incidental expenses. 1,086.44
Commissions and brokerage 1,899.98
Re-insurance 12,878.82
All other liabilities 90.12
Gross liabilities $147,015.71
INCOME.
Cash received for gross premioms $251,822.78
Deduct re-insuranoe, rebate, and return premiums 20,800.42
Net cash received for premiums $281,022.81
Interest and dividends from all sources 16,801.84
Income from all other sources 1,086.44
Amount received from the home office, $40,296.25.
Gross cash income $248,860.59
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l82 Fms AND Firb-Marine [Dec. 31,
EXPEKDITURES.
Gross amoont paid for losses $907,700^
Deduct salvage and re-Insurance # M,747A
Net amount paid for losses $173,012.02
Commissions and brokerage 24,479.42
Salaries and fees of officers and employes 5,680.00
State and local taxes 0,615.35
All other payments and expenditures 8,106.21
Amount remitted to the home office, $72,080JI2.
Gross cash expenditures $217,696.90
RISES AND PREMIUMS.
Marin0 and
Inland Bi9k§. Ptwniuwu.
In force Dec. 81, 1894 $8,067,239.00 $87,976.27
Written or renewed during the year 59,201,706.00 267,962.68
Total $62,288,945.00 $805,958.90
Deduct risks expired or terminated 59,868,776.00 248,158.21
In force at the end of the year $2,925,169.00 $57,805.60
Deduct amount re-insured 588,805.00 10,754.46
Net amount in force Dec. 81, 1895 $2,891,864.00 $47,051.23
MISCELLANEOUS.
Premiums received in the United States $4,228,041.66
Losses paid in the United States 1,588,060.32
Marine and inland losses incurred during the year 809,720.60
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Valn9 of
ataU or Country, DepoBif. LiabilUieB,
Ohio $118,000.00 $4,288.54
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1895.] Insurance Companies. 183
WESTERN ASSURANCE COMPANY.
UNITED STATES BRANCH.
Tobonto, Canada.
Commenced boalneM In the United States, 1S74.
Geoboe a. Cox, PreHdent. C. C. Fostbb, Secretary.
ASSETS.
Loans on mortgages of real estate (first liens) $20,000.00
Market Talue of stocks and bonds 1,106,107.96
Cash in the company's office 18.91
Cash deposited in bank 214,286.84
Gross premiums in course of collection 274,740.25
Bills receivable, not matured, taken for premiums 83,977.60
Gross assets $1,651,129.96
LIABILITIES.
Net amount of unpaid losses $176,744.86
Unearned premiums at 60 per cent, on lire and inland
risks $912,096.04
Unearned premloms at 100 per cent, on marine risks. . 1,907.26
Total unearned premiums 914,608.29
Commissions and brokerage 86,885.67
Gross liabilities $1,127,188.82
INCOME.
Marine
Fire, and Inland.
Cash receiyed for gross premiums $1,818,888.17 $400,796.96
Deduct re-insurance, rebate, and return
premiums 800,884.80 96,978.61
Net cash received for premiums $1,604,008.87 $816,818 JQ
$1,819,822.19
Interest and dividends from all sources 44,211.04
Gross cash income $1,864,083.23
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184 Fire and Firb-Mabike [Dec. 31,
EXPENDITURES.
MaHn€
Fire. and Inland.
Grofs amount paid for losses $897,648.78 $408,882.98
Dednot salvage and re-lnsoranoe 7i,1864M 82,468.42
Net amount paid for losses $888,482.87 $840,940.61
$1,164,422.88
Commissions and brokerage 846,405.84
Salaries and fees of officers and employ^ 35,80a00
State and local taxes 40«244.79
All other payments and expenditures 158,566.16
Gross cash expenditures $1,740,480.17
RISKS AND PREMIUMS.
Fire BUke. Premiume.
Inforce Dec. 81, 1894 $121,988,697.00 $1,654,968.04
Written or renewed during the year 128,329,654.00 1,808,211.25
Total $250,263,351.00 $3,468,169.29
Deduct risks expired or terminated 114,182,816.00 1,673,879.82
In force at the end of the year $136,130,535.00 $1,784,289.47
Deduct amount re-insured 2,407,365.00 29,660.07
Net amount in force Dec. 81, 1895 $133,723,170.00 $1,754,629.40
Marine and
Inland Bieke. Ft «iit<ttfiM.
In force Dec. 31, 1894 $8,734,324.00 $115,983.75
Written or renewed during the year 57,817,518.00 303,216.67
Total ' $66,551,842.00 $509,200.32
Deduct risks expired or terminated 58,240,892.00 394,634.80
In force at the end of the year $8,310,950.00 $114,565.52
Deduct amount re-insured 1,824,868.00 41,896.56
Net amount in force Dec. 31, 1895 $6,486,082.00 $72,669.96
MISCELLANEOUS.
Premiums receiyed in the United States $21,380,258.45
Losses paid in the United States 14,269,797.30
Fire, marine, and inland losses incurred during the year. . 1,140,187.02
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1895.] Insurance Compa^iies. 185
AmooxitB deposited for the ezclusiye protection of policy-
holders in other states or countries, as follows, Tiz. : '
Value of
State or Ckmntry. Depoeite. LiahilUiee,
Georgia. $26,250.00 $26,489.49
Ohio 104,716.00 64,888.26
Virginia 42,000.00 16,408.79
Oregon 68,196.00 15,164,84
BUSINESS IN NEW HAMPSHIBE, 1806.
Fire risks written $402,667.00
Premiums received 6,848.00
Losses paid 3,619.09
Losses incurred 3,201.70
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FIDELITY jlND CASUALTY IHSUI^ANCE COMPAHjES
OF OTHER STATES AND COUNTRIES.
Detailed Abstracts from the Annual Statements of the
Fidelity and Casualty Insurance Companies of Other
States and Countries, authorized to do Business in
the State of New Hampshire, showing their
Standing and Condition on the 31st
Day of December, 1895.
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188 Fidelity and Casualtt [Dec. 31,
^TNA LIFE INSURANCE COMPANY.
[Accident Department.]
Hartfobd, Gomr.
Incorporated May 88, 1868. Oommenoed business Janoary l, 18B1.
MoBGAif G. Bui«KXLBT, PreMdewL Joel L. Enolibh, Secretofy.
IKCOME.
Premiums coUeoted during year $S853MJ8
Deduct re-lnsnrance, abatement, and return premiums. . 6,628^
Ket cash actually received for premiums $278,70S.61
Cash received for interest on mortgage loans 8,650.82
Total income $282,354.48
Net or ledger assets December 81, 1804 137,543.02
Total $419,898.85
DISBURSEMENTS.
Gross amount paid for claims $118,919 A
Deduct salvages and re-lnsu^anoes 1,680.09
Net paid policy-holders $112,258.88
Commissions to agents. 84,750.99
Salaries and traveling expenses of agents 11,367.85
Medical examiners* fees 732.91
Salaries of officers and office employes 7,832.56
Taxes and fees 3,286.59
Rent 883.07
Legal expenses 602.00
Furniture and fixtures for offices 2,068.08
Advertising and general printing 6,741.66
All other expenses 6,160.92
(Total miscellaneous expenses $123,336.52)
Total disbursements during the year $285,505.85
Balance December 31, 1805 $184,303.00
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1895.] Insurance Companies. 189
ASSETS, AS PER LEDGER ACCOUNTS.
See Life Department.
LIABILITIES.
Ket amount of unpaid claims $18,625.10
Unearned premiums at fifty per cent, of gross premiums 107,705.70
Gross liabilities, except capital $126,880.08
RISKS AND PREMIUMS.
Aoeident RUkt. Premiumt.
In force December 81, 1804. $20,772,550.00 $126,014.80
Written or renewed during the year 04,421,500.00 285,326.08
Total $124,104,050.00 $411,841.78
Deduct expirations and cancellations 66,846,700.00 108,048.18
In force at the end of the year $57,847,860.00 $212,808.60
Deduct re-insured policies 778,500.00 2,886.40
Net amount in force December 81, 1805. $56,578,850.00 $200,562.11
MISCELLANEOUS.
Premiums received from organization to date $675,402.45
Losses paid from organization to date 258,086.78
BUSINESS IN NEW HAMPSHIRE, 1805.
Accident risks written $486,600.00
Premiums receiyed 2,884.65
Losses paid 846.42
Losses incurred 846.42
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190 FxDBurr akd Casuauy [Dec. 31,
AMERICAN SURETY COMPANY.
New York Cmr.
Incorporated April 14, 1884. Oommenoed baslnesa April 16, 1884.
Wm. L. Tbekholm, PreBident. W. E. Kbtbs, Secretanf,
Gash Capital, $2,500,000.00.
INCOME.
Premiama collected darini: year:
Fidelity $888,980.44
Surety 681,517.61
Total $1,344,608.06
Dedact re-inaaranoe, abatement, rebate, and retnm
preminma:
FideUty $88,000.17
Snrety 148,184.08
Total dednotlon $281,186.10
Net cash actually receiyed for premiums $1,013,942.95
Cash receiyed for interest on:
Mortgage loans 760.00
Collateral loans 2,5ia2S
Bonds owned and dividends on stock 41,825.84
Other debts due the company 890.14
Bents 11,845.40
Profits on securities actually sold during the year, oyer
cost 108.66
From all other sources 24,305.36
Total income $1,096,010.55
Net or ledger assets Dec. 81, 1894 4,882,539.16
Total $5,927,66&70
DISBURSEMENTS.
Groas amount paid for claima:
FideUty $888,070.88
Surety 00,100JB
Total $887,07140
Dedact aalyages and re-inanranoes:
FideUty $88,788.18
Total dednctions $88,788.18
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1895.] Insurance Companies. 191
Net paid policy-holders $264,882.87
Cash paid stockholders for interest or diyidends 180,000.00
Commissions to agents 40,200.01>
Salaries and travelling expenses of agents 183,847UIT
Salaries of officers and office employes 177,988^70
Taxes and fees 85,968.05
Rent. 25,314.96
Legal and real estate expenses , 22,758.08
Furniture and fixtures for offices 6,274.42
Advertising and general prlnttog 19,574.41
Losses on securities actually sold under cost 24,180.25
All other expenses 801,034.82
(Total misasUaaeous expenses $684,204.88)
Total disbursements during the year $1,281,518.87
Balance Dec. 81, 1895 $4,696,089.88
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $8,152,175.52
Loans on mortgages of real estate (first liens) 15,000.00
Loans on collateral securities 26,000.00
Cost value of stocks and bonds 1,845,895.61
Cash in company^s office 10,880.98
Cash deposited in banks 73,576.46
Bills receivable 72,561.26
Total net or ledger assets, as per balance $4,696,089.88
OTHSB ASSETS.
Interest due and accrued c)n:
Mortgages $875.00
Stocks and bonds 12,928.00
ether assets 29,141.89
Market value of stocks and bonds over cost 85,540.68
Net amount of outstanding premiums 151,902.56
Total assets as per books of the company $4,975,927.91
LIABILITIES.
Net amount of unpaid claims $224,269.09
Unearned premiums at fifty per cent, of gross premiums. . 558,741.26
Due and to become due for borrowed money 100,000.00
All other liabilities 14,187.02
Gross liabilities, except capital $897,147.37
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192
FiDELITT AND CASUALTY
[Dec. 81,
]?aid-up capital $2,600,000.00
Surplus beyond all liabilities 1,578,780.54
Surplus as regards policy-holders
Total liabilities, including capital and surplus
RISKS AND PREMIUMS.
Fidelity BUk9,
In force Dec. 31, 1804 $80,841,685.00
Written or renewed during the year 106,504,183.34
Total $187,345,768.34
Deduct expirations and cancellations 05,684,184.01
4,078,780.54
$4,975,927.01
iV«m<«aM.
$538,909.36
706,650.44
$1,247,658.80
674,915.60
Net amount in force Dec. 31, 1895 $91,661,584.33 $572,743.20
Surety Bi9k9,
In force Dec. 31, 1894 $72,672,678.00
Written or renewed during the year 99,873,047.20
Total $172,545,725.26
Deduct expirations and cancellations 78,168,827.26
PrmniumM,
$417,817.81
608,801.52
$1,026,619.38
481,88a01
Net amount in force Dec. 31, 1895 $94,376,898.00 $544,789.32
MISCELLANEOUS.
Premiums received from organization to date $5,515,177.58
Losses paid from organization to date 1,839,898.53
Losses incurred during the year 400,486.61
Cash dividends deolax-ed since commencing business 900,000.00
Company's stock owned by the directors, at par value 1,088,800.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Valu€ of
State or Otmntry, Depoeif, UahUUi—,
Canada. $50,000.00]
Ohio 30,000.00 j^Not given.
Mexico 53,766.60]
BUSINESS IN NEW HAMPSHIRE, 1896.
Amount at
risk.
Premiums
received.
Losses
paid.
Losses
incurred.
Fidelity
$619,046.00
251,483.00
$3,652.87
1,483.75
Surety
'"4
$870,529.00
$5,136.12
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1895.] Insubance Companies. 193
CITY TRUST, SAFE DEPOSIT, AND SURETY
COMPANY.
Philadelphia, Pa.
Incorporated June 4, 1886. Commenced bnsineBa Jane 4, 1886.
Charles M. Swain, President. James F. Ltnd, Secretary,
Cash Capital, $500,000.00.
IKCOME.
Preminms collected dnrlng year $108,468.64
Deduct re-insnranoe, abatement, rebate, and retnm
premlnma 7,665.65
Net cash actually received for premiums $95,887.99
Cash received for interest on:
Mortgage loans 7,428.62
Collateral loans 68,894.76
Bonds owned and dividends on stock 7,64S.5&
Bank accounts 4,906.24
Rents 8,693.89
From all other sources 9,078.27
Total income $187,533.88
Net or ledger assets December 81, 1894 2,144,929.15
Total $2,332,462.48
DISBURSEMENTS.
Qroas amonnt paid for claims $12,888.28
Dednct salyages and re-inaaranoea 8,727.77
Net paid policy-holders $9,160.46
Cash paid depositors for interest 27,651.88
Cash paid stockholders for dividends 30,196.00
Commissions to agents 8,438.08
Salaries and traveling expenses of agents 27,693.74
Salaries of officers and office employes 39,081.05
Taxes and fees 8,325. 19
13
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194 Fidelity and Casualty [Dec. 31,
Legal expenses $5,54&d5
Advertising and general printing 7,612.88
All other expenses 10,081.53
(Total miscellaneous expenses $169,579.80)
Total disbursements during the year $108,739.76
Balance December 31, 1895 $2,163,722.72
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $842,124.82
Loans on mortgages of real estate (first liens) 97,000.00
Loans on collateral securities 1,212,296.36
Cost value of stocks and bonds 248,244.50
Cash in company's office 206,711.54
Cash deposited in banks 44,195.44
Fixtures 6,744.26
All other assets 9,4(^86
Total net or ledger assets, as per balance $2,163,722.72
OTHEB ASSETS.
Interest due and accrued on :
Mortgages $1,111.10
Stocks and bonds 3,642.29
Collateral loans 8,866.22
Other assets 2,732.63
Rents due and accrued 493.76
Market value of real estate over cost 29,116.85
Net amount of outstanding premiums 13,132.34
Total assets as per books of the company $2,222,817.91
ITEMS KOT ADMITTBD.
Furniture and fixtures $6,744.20
Depreciation from coat of above ledger assets to bring
aameto marketvalae ll,fi6S.50
Total items not admitted 18,307.70
Total admitted assets $2,204,510.21
LLAlBILITIES.
Net amount of unpaid claims $7,352.30
Unearned premiums at fifty per cent of gross premiums . . 70,891.42
Interest accrued on deposits 10,848.46
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1895.] Insurance Companies. 195
•
Due depositors $1,433,296.02
Due and accrued for salaries, rent, and incidental expenses 500.00
Due for re-insurance 112.50
Gross liabilities, except capital $1,522,999.70
Paid-up capital $500,000.00
Surplus beyond all liabilities 181,510.51
Surplus as regards policy-holders 681,510.51
Total liabilities, including capital and surplus $2,204,510.21
RISKS AND PREMIUMS.
Surety RUJu. Premiuma.
In force December 31, 1894 $29,441,029.46 $124,642.19
Written or renewed during the year 31,694,282.26 109,209.95
Total $61,135,311.72 $233,852.14
Deduct expirations and cancellations 24,100,780.65 86,928.90
In force at the end of the year $87,034,531.07 $146,923.24
Deduct re-insured policies 1,365,414.56 5, 140.39
Net amount in force Dec. 31, 1895 $35,669,116.51 . $141,782.85
MISCELLANEOUS.
Premiums reoeiyed from organization to date $566,983.32
Losses paid from organization to date 68,843.98
Losses incurred during the year 16,326.54
Cash dividends declared since commencing business 90,000.00
Company's stock owned by the directors, at par value 163,700.00
Amount loaned to officers and directors 123,250.00
Amount loaned to stockholders not officers 124,237.50
BUSINESS IN NEW HAMPSHIRE, 1895.
Surety risks written $187,300.00
Premiums received 785.00
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196 Fidelity and Casualty [Dec. 31,
EMPLOYERS' LIABILITY ASSURANCE CORPORATION.
UNITED STATES BRANCH.
London, England.
Commenced business in the United States, 1881.
ReHdent Manager ^ Geobqe Monroe Endicott, Boston, Mass.
INCOME,
Premlams collected dnring year:
Fidelity $35,851 JO
Accident 260,a07.97
Employers* liabiUty 881,8n.M
Total $1,107,786^1
Deduct re-lnsoranoe, abatement, rebate, and retam
premlams:
Fidelity $3,598.04
Accident 88,682.77
Employers* liability 108,204.41
Total dednction 140,486.22
Net cash actually received for premiums $967,251.59
Interest on bonds owned and dividends on stock 35,826.91
Total income 1,008,078.60
Net or ledger assets December SI, 1894 888,252.40
Total $1,891,830.90
DISBURSEMENTS.
Gross amount paid for claims:
Fidelity $1,182.06
Accident. 118,0MJ6
Employers* liability 488,080.61
Gross amount paid policy-holders $608,215.92
Remitted to home office 47,252.76
Commissions to agents 208,854.99
Salaries and traveling expenses of agents 26,367.74
Salaries of officers and office employes 35,716i56
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1895.] Insurance Companies. 197
Taxes and fees $19,810.28
Rent 17,975.63
Legal expenses 4,493.63
Furniture and fixtures for offices 1,234.63
Advertising and general printing 16,437.76
All other expenses 29,802.67
(Total miscellaneous expenses $407,946.65)
Total disbursements during the year $1,016,162.47
Balance December 31, 1895 $875,168.43
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of stocks and bonds $914,474.00
Cash in company's office 760.00
Cash deposited in banks and with trustees 20,018.43
Total net or ledger assets, as per balance* $935,242.43
OTHEB ASSETS.
Interest due and accrued on stocks and bonds 6,797.50
Net amount of outstanding premiums 198,997.83
Total assets as per books of the company $1,141,037.76
ITEMS NOT ADMITTED.
Agents' balances $5,052.07
^Depreciation from cost of above ledger assets to bring
same to market value 60,074.00
Total items not admitted 65,126.07
Total admitted assets $1,075,911.69
LIABILITIES.
Net amount of unpaid claims $249,125.00
Unearned premiums at fifty per cent, of gross premiums. . 465,164.70
Gross Uabilities $714,289.70
KISKS AND PREMIUMS.
Aoeident Biaha. Premiums.
In force Dec. 31, 1894 $35,100,367.00 $156,001.63
Written or renewed during the year 66,372,420.00 250,655.20
Total $91,472,787.00 $406,656.83
Deduct expirations and cancellations 52,142,996.00 231,857.76
Net amount in force Dec. 31, 1895 $39,329,791.00 $174,799.07
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198 Fidelity and Casualty [Dec. 31,
Emplouers^
LiabilUy BUk9. Pr«m««flW.
In force Dec. 31, 1894 $149,866,874.00 $666,297.22
Written or renewed during the year 186,981,349.00 831,028.22
Total $336,848,223.00 $1,497,325.44
Deduct expirations and cancellations 172,405,234.00 766,467.71
Net amount in force Dec. 31, 1896 $164,442,989.00 $730,857.78
Fidelity Bitk; PnmiumM.
InforceDec. 31, 1894 $4,546,000.00 $20,148.52
Written or renewed during the year 6,386,324.00 28,388.66
Total $10,932,324.00 $48,532.18
Deduct expirations and cancellations 5,380,984.00 23,858.56
Net amount in force Dec. 31, 1895 $5,551,340.00 $24,672.62
MISCELLANEOUS.
Premiums received in the United States $6,403,234.95
Losses paid in the United States 3,256,645.56
Losses incurred during the year 628,285.92
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Valu€ of
State or Country. Depoeite. LiahiliHee.
Ohio $56,500.00 Notgiven.
BUSINESS IN NEW HAMPSHIRE, 1895.
Amount at
risk.
Premiums
received.
Losses
paid.
Losses
incurred.
Accident
$449,518.00
1,301,612.00
$1,997.86
5,784.94
$393.92
2,344.92
$978.92
Employers' liability
3,369.92
Aggregate
$1,761,130.00
$7,782.80
$2,738.84
$4,348.84
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1895.] Insurance Companies. 199
FIDELITY AND CASUALTY COMPANY.
' New York City.
Incorporated March 20, 1876. Commenced basiness May 1, 1876.
George F. Seward, PreHdent Robert J. Hillas, Secretary.
Cash Capital, $250,000.00.
INCOME.
PremlnmB collected during year:
Fidelity *.. $306,674.76
Accident 1,146,694.46
Plate glass 816,822.42
Steam boUer 284,016.70
Employers' liability 1,104,158.44
Borglary 05,020.29
Total $8,253,281.07
Deduct re-insorance, abatement, rebate, and retom
premiums :
Fidelity $78,041.08
Accident 817,406.86
Plate glass 54,470.90
Steam boiler 58,775.10
Employers' liability 228,627.87
Burglary 20,000.97
Total deduction 752,822.72
Net cash actually received for premiums $2,600^058.35
Cash received for interest on:
Mortgage loans 1,592.90
Bonds owned and dividends on stock 67,950.50
Other debts due the company 521.08
Rents 32,245. 19
Profits on securities actually sold during the year, over cost 410.21
Total income $2,603,678.87
Net or ledger assets Dec. 31, 1894 1,859,805.57
Total $4,463,484.44
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200 Fidelity and Casualty [Dec. 31,
DISBURSEMENTS.
Gross amount paid for claims :
Fidelity $67,721.05
Accident 826306.01
PlateRlass 98,181^
Steam boiler 80,969^15
Employers' liability 488,006.50
Burglary 7,048.06
Total $958,236.10
Deduct salTages and re-Insurances :
Fidelity $29,645.77
Accident 5,765.92
Plate glass 11,864.96
Burglary 805.3i)
Total deductions 47,582.00
Net paid policy-holders $910,053.10
Cash paid stockholders for interest or dividends 40,000.00
Commissions to agents 665,249.35
Salaries and travelling expeases of agents 202,535.00
Medical examiners* fees and for inspections 96,725.88
Salaries of officers and office employes 234,007.44
Taxes and fees 45,620.94
Rent 63,102.75
Legal expenses 13,025.25
Furniture and fixtures for offices 12,884.18
Advertising and general printing 38,963.86
Paid for borrowed money 31,724.00
All other expenses 70,823.06
(Total miscellaneous expenses $1,504,661.93)
Total disbursements during the year $2,415,315.03
Balance Dec. 31, 1895 $2,048,169.41
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $554,6
Cost value of stocks and bonds 1,393,251.16
Cash in company's office 28,312.65
Cash deposited in banks 41,780.51
Bills receivable 7,204.82
Agents' ledger balances 22,985.54
Total net or ledger assets, as per balance $2,048,169.41
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1895.] Insurance Companies. 201
other assets.
Interest due and accrued on stocks and bonds $735.01
Rents due and accrued 1,020.15
Market value of real estate over cost 24,825.76
Reserve re-insurance deposit 7,808.41
Net amount of outstanding premiums 307,318.65
Total assets as per books of the company $2,390,777.39
ITEMS NOT ADIHTTED.
Agents' balances $22,086.64
Bills receivable 7,204.82
Depreciation from cost of above ledger assets to bring
same to market value 19,501.81
Total items not admitted 49,691.67
Total admitted assets $2,341,085.72
LIABILITIES.
Net amount of unpaid claims $409,547.56
Unearned premiums at fifty per cent, of gross premiums. . 1,340,403.46
Due for re-insurance 5,742.10
AU other liabilities 14,171.73
Gross liabilities, except capital $1,769,864.85
Paid-up capital $250,000.00
Surplus beyond all liabilities 321 ,220.87
Surplus as regards policy-holders 571,220.87
Total liabilities, including capital and surplus $2,341,085.72
RISKS AND PREMIUMS.
Accident BUkB. PremiumB,
In force Dec. 31, 1894 $161,216,268.00 $748,547.57
Written or renewed during the year 307,418,440.00 1,156,142.88
Total $468,629,708.00 $1,904,690.45
Deduct expirations and cancellations 259,163,973.00 1,062,922.13
In force at the end of the year $209,465,735.00 $841,768.32
Deduct re-insured policies 10,000.00 42.00
Net amount in force Dec. 31, 1895 $209,455,735.00 $841,726.32
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202 Fidelity and Casualty [Dec. 31,
Employers*
Liability RUk9. Premium;
In force Dec. SI, 1804 $101,641,806.00 $85S,n«.Tr
Written or renewed during the year 138,000,405.00 1,100,508.85
Total $240,531,713.00 $1,050,683.02
Deduct expirations and cancellations 120,137,306.00 1,056,811.05
Net amount in force Dec. 81, 1805 $120,304,405.00 $002,872.57
Burglary BiskB, Premiums.
In force Dec. 31, 1804 $7,300,752.00 $53,015.51
Written or renewed during the year 12,062,277.00 02,727.68
Total $20,362,020.00 $145,748.14
Deduct expirations and cancellations 0,288,652.00 66,654.07
Ket amount in force Dec. 31, 1805 $11,073,377.00 $70,068.07
Fidelity Bieke. Premium*.
In force Dec. 31, 1804 $30,804,528.03 $233,706.56
Written or renewed during the year 51,406,837.03 206,204.75
Total $00,801,366.86 $530,001.31
Deduct expirations and cancellations 51,118,455.08 206,605.16
In force at the end of the year. $30,682,010.03 $233,396.15
Deduct re-insured policies 286,500.00 1,285.00
Ket amount in force Dec. 31, 1805 $30,446,410.03 $232,161.15
Plate Olaee Bieke, Premiume,
In force Dec. 31, 1804 $0,627,500.51 $276,000.15
Written or renewed during the year 11,702,747.53 313,801.82
Total : $21,830,838.04 $500,881.97
Deduct expirations and cancellations 11 ,502,076.00 320,023.75
Net amount in force Dec. 31, 1805 $0,827,362.14 $261,858.22
Steam Boiler Bieke. Premiume.
In force Dec. 31, 1804 $76,200,208.26 $347,818.60
Written or renewed during the year 74,211,076.33 282,788.04
Total $140,501,284.60 $630,607.68
Deduct expirations and cancellations 60,776,074.03 267,50a08
Net amount in force Dec. 31, 1805 $70,725,300.66 $363,000.60
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1895.] Insu^nce Companies. 203
MISCELLANEOUS.
Premiums received from organization to date $17,400,978.80
Losses paid from organization to date 6,391,178. 12
Losses incurred during tlie year 910,653.10
Cash dividends declared since commencing business 322,500.00
Company's stock owned by the directors, at par value. . . . 101,500.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Amount at
risk.
Premiums
received.
Losses
paid.
Losses
incurred.
Accident
$1,079,300.00
745,000.00
220,000.00
30,436.67
397,500.00
25,800.00
$4,217.50
2,575.60
1,260.00
810.72
1,400.74
238.25
$2,593.52
112.94
$2,693.52
112.94
Employers' liability
Fidelitv
Plate glass
275.33
96.23
275.33
Steam boiler
Burglary
96.23
$2,498,036.67
$10,502.81
$3,078.02
$3,078.02
FIDELITY AND DEPOSIT COMPANY.
Baltdiobe. Md.
Incorporated February 16, 1880. Oommenced basiness January, 1890.
Edwin Wabfislb, President. Herman E. Boslbb, Secretary,
Cash Capital, $750,000.00.
INCOME.
Premiums collected during year 9828,898.81
Deduct re-insurance, abatement, rebate, and return
premiums 10,800.71
Net cash actually received for premiums $313,093.10
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"204 Fidelity and Casualty [Dec. 31,
Interest on bonds owned and dividends on stock $14,885.00
Rents 27,971.49
From all other sources 25,895.59
Total income $381,845.18
Net or ledger assets Dec. 31, 1894 1,201,350.26
Total $1,583,196.44
DISBURSEMENTS.
*Gro88 amount paid for claims 968,882.21
l>ediict salvages and re-insurances 2,452.17
Net paid policy-holders $51,400.04
"Cash paid stockholders for interest or dividends 20,000.00
Commissions to agents 46,817.99
Salaries of officers and office employes 26,412.93
Taxes and fees 17,151.15
Rent 6,800.00
Legal expenses 15,359.84
Advertising and general printing. 13,871.71
All other expenses 14,447.70
(Total miscellaneous expenses $160,361.32)
Total disbursements during the year $211,761.36
Balance Dec. 31, 1895 $1,371,434.08
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $575,532.57
Cost value of stocks and bonds 696,255.00
Cash in company's office 5,196.51
Cash deposited in banks 92,450.00
Total net or ledger assets, as per balance $1,371,434.08
OTHBB ASSETS.
Net amount of outstanding premiums 48,342.30
Total assets as per books of the company $1,419,776.38
LIABILITIES.
Net amount of unpaid claims $22,229.45
Unearned premiums at fifty per cent, of gross premiums. . 168,563.65
Gross liabilities, except capital $190,793.10
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1895.] Insukance Companies. 205-
Paid-up capital $750,000.00
Surplus beyond all liabilities 478,088.28
Surplus as regards policy-holders $1,228,083.28-
Total liabilities, including capital and surplus $1,419,776.38
RISKS AND PREMIUMS.
Surety BUkt. Premiumt.
In force Dec. 31, 1804 $42,464,608.31 $104,866.60'
Written or renewed during the year 75,133,430.09 349,500.47
Total $117,588,088.40 $644,366.16^
Deduct expirations and cancellations 41,852,031.22 192,841.83
In force at the end of the year $75,736,007.18 $351,524.33
Deduct re-insured policies 30,510,158.43 14,397.0a
Net amount in force Dec. 31, 1895 $45,225,848.75 $337,127.30
MISCELLANEOUS.
Premiums received from organization to date $760,121.66-
Losses paid from organization to date 89,867.66
Losses incurred during the year 67,301.99
Cash dividends declared since commencing business 20,000.00-
Company's stock owned by the directors, at par value 366,400.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Surety risks written $67,500.00
Premiums received 290.00'
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206 Fidelity and Casualty Dec. 31,
GUARANTEE COMPANY OF NORTH AMERICA.
UNITED STATES BRANCH.
MoNTBSAL, Canada.
Commenced business In the United States, 1881.
Edwabd Rawlinos, PreHdent Robert Kerb, Secretary.
INCOME.
Premiums collected daring year $226,061 .02
Deduct re-insnrance, abatement, rebate, and return pre-
miums 62,010.53
Net cash actually received for premiumb $173,150.40
I Interest on bonds owned and dividends on stock 18,082.92
[ Rents 781.90
' Total income $102,805.31
I Net or ledger assets Dec. 31, 1894 528,428.81
!
i
I
I
Total $721,324. 12
DISBURSEMENTS.
I Gross amount paid for claims $66,177.92
I Dedncl salvages and re-insnrances 24,866J»
! Net paid policy-holders $40,312.33
Cash paid stockholders for interest or dividends 6,957.00
Commissions to agents 2,270.00
Salaries and traveling expenses of agents 48,685.89
Taxes and fees 5,945.78
Rent 7,545.01
Legal expenses 2,226.16
Advertising and general printing 5,906.72
All other expenses. 43,531.03
(Total miscellaneous expenses $123,072.59)
Total disbursements during the year $163,384.92
Balance Dec. 31, 1805 $557,939.20
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Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Oobt value of real estate unincumbered $88,561.38
Loans on mortgages of real estate (first liens) 7,807.92
Cost value of stocks and bonds 480,715.00
Cash deposited in banks 28,322.05
All other assets 2,532.00
Total net or ledger assets, as per balance $557,039.20
OTHEB ASSETS.
Interest due and accrued $3,880.00
Net amount of outstanding premiums 8,689. 15
Total assets as per books of the company $570,008.35
ITEMS NOT ADMITTED.
Famltare and fixtures •2,682.00
Depreciation from cost of above ledger assets to bring same
to market value 8,014.71
Total items not admitted 10,546.71
Total admitted assets $559,461.64
LIABILITIES.
Net amount of unpaid claims $99,634.20
Unearned premiums at fifty per cent, of gross premiums 89,469.53
Due and accrued for salaries, rent, and incidental expenses. 2,579.24
Gross liabilities $191,682.97
RISKS AND PREMIUMS.
Ouarantee Bitka, Premiums.
In force Dec. 31, 1894 $44,764,205.00 $224,855.47
Written or renewed during the year 47,314,040.00 226,511.50
Total $92,078,245.00 $550,866.97
Deduct expirations and cancellations 49,451,735.00 237,140.81
In force at the end of the year $42,626,510.00 $213,726.16
Deduct re-insured policies 6,987,210.00 34,787.09
Net amount in force Dec. 31, 1895 $85,689,300.00 $178,939.07
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208 Fidelity and Casualty [Dec. 31,
MISCELLANEOUS.
Premiums received in the United States $2,360,650.09
Losses paid in the United States 897,115.65
Losses incurred during the year 69,558.96
Company^ 8 stock owned by the directors, in the United
States, at par value 49,400.00
BUSINESS IN NEW HAMPSHIRE, 18»5.
Risks written $78,000.00
Premiums received 178.23
Losses incurred 15,000.00
GUARANTORS' LIABILITY INDEMNITY COMPANY,
Philadelphia, Pa.
Incorporated April 21, 18M. Commenced business May 1, IflM.
Thomas V. Cooper, President William H. Knorb, Secretary,
Cash Capital, $500,000.00.
INCOME.
Premiums collected daring year:
Steam boiler •46,992.70
Employers' liability 1,084,874.06
Total •1,081,866.75
Dedact re-insurance, abatement, rebate, and return
premiums:
Steam boiler •9,448.97
Employers' liability 284,227.10
Total deduction.
248,671.07
Net cash actually received for premiums $837,606.0S
Cash received for interest on:
Mortgage loans 1,672.00
Collateral loans 1,224.00
Bonds owned and dividends on stock 11,905.67
From alt other sources 152,619.68
Total income , $1,006,117.83
Net or ledger assets Dec. 81, 1894 687,389.60
Total $1,642,457.52
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1895.] Insurance Companies. 209
DISBURSEMENTS.
Orofls amount paid for olalms:
Steam boiler tSlT.TS
Employers* UabiUty 488,987.96
Total •488^)6.70
Deduct salyages and re-insurances:
Employers' liability •10,680.06
Total deductions lOJSBOM
Net paid policy-holders $429,225.64
Cash paid stockholders for interest or dividends 89,902.50
Commissions to agents 27,689.88
Salaries of officers and office employes 70,658.82
Taxes and fees 8,560.65
Rent 2,657.76
Legal expenses 27,261.26
Famitare and fixtures for offices 8,280.84
All other expenses 18,465.69
(Total miscellaneous expenses $198,422.40)
Total disbursements during the year $627,64a04
Balance Dec. 81, 1895 $1,014,809.48
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real, estate unincumbered $250,000.00
Loans on mortgages of real estate (first liens) 111,426.36
Loans on collateral securities 68,548.02
Cost value of stocks and bonds 476,808.25
Cash in company's office 9,429.54
Cash deposited in banks 77,790.88
All other assets 16,612.44
Total net or ledger assets, as per balance $1,000,610.44
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $3,514.97
Stocks and bonds 3,789.87
Collateral loans 1,562.61
Market value of stocks and bonds over cost 15,901.75
Net amount of outstanding premiums 142,951.55
Total assets as per books of the company $1,177,831.19
14
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210 FiDBLITY AND CASUALTY [DcC. 81,
LIABILITIES.
Net amount of unpaid claims $188,177.48
Unearned premiums at fifty per cent, of gross premiums. . 282,962.02
Due and to become due for borrowed money 60,000.00
Agents* credit balances 2,688.96
All other liabilities 100,000.00
Gross liabilities, except capital $573,748.49
Paid-up capital $500,000.00
Surplus beyond all liabilities 108,582.70
Surplus as regards policy-holders 003,582.70
Total liabilities, including capital and surplus $1,177,881.19
RISKS AND PREMIUMS.
Bmployers*
LiaHlUy BUkt. Premiums.
In force Dec. 81, 1894 $18,857,800.00 $317,046.28
Written or renewed during the year 96,223,000.00 1,012,880.29
Total $110,080,900.00 $l,329,926.y7
Deduct expirations and cancellations 65,457,837.00 800,210.11
Net amount in force Dec. 81 , 1895 $44,623,063.00 $409,716.46
Steam
Boiler BUke.
$1,808,990.00
4,049,300.00
$19,780.43
48,910.12
In force Dec. 81, 1894. . . •.
Written or renewed during the year
Total $0,513,290.00
Deduct expirations and cancellations 1,470,569.00
$08,726.55
15,708.4.3
Net amount in force Dec. 31, 1895 $5,030,721.00 $53,018.12
MISCELLANEOUS.
Premiums received from organization to date $1,214,578.93
Losses paid from organization to date.
Losses incurred during the year
Cash dividends declared since commencing business. . . .
Company's stock owned by the directors, at par valu<^. . .
Amount loaned to officers and directors
Amount loaned to stockholders not officers
532,424.34
400,002.76
40,ooaoo
4]S,50a00
28,396.02
41,409.00
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1895.] Insurance Companies. 211
AmotiiitB deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
aiate or Country, DepoHU. HahilUie;
OWo $60,000.00 l^otgiven.
Virginia 11,000.00 * ^
BUSINESS IN NEW HAMPSHIRE, 1896.
Risks written $26,000.00
Preminms received 1,676.00
Losses paid 296.60
Losses incurred 327.60
HARTFORD STEAM BOILER INSPECTION AND
INSURANCE COMPANY.
Habtfobd, Conn. '
Incorporated June, 1806. Commenced business October, 1806.
J. M. Allbn» PreHdaU, J. B. Pisbcb, Secretary.
Cash Capital, $600,000.00.
INCOME.
Premiums collected daring year •877,008.29
Dedaot re-lnsnrance, abatement, rebate, and retom
premiums 86,648.17
Net cash actually received for premiums $802,060.12
Cash received for interest on:
Mortgage loans 15,621.26
Bonds owned and dividends on stock 63,025.16
Profits on securities actually sold during the year, over cost 867.66
From all other sources 3,506.73
Total income $075,879.92
Net or ledger assets Dec. 31, 1894 1,729,077.83
Total $2,704,467.75
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212 FiKE AND Casualty [Dec. 81,
DISBURSBMENTS.
Net paid policy-holders $118,168.45
Cash paid stockholders for interest or dividends 60,000.00
Commissions to agents 105,256.09
Salaries and travelling expenses of agents 85,034.15
Inspections 310,019.38
Salaries of officers and office employes 88,380.00
Taxes and fees 17,867.W
Rent 3,638.56
Legal expenses 1,700.00
Furniture and fixtures for offices 7,742.45
Advertising and general printing 30,306.71
Losses on securities actually sold under cost 50,452.50
All other expenses 4,640.21
(Total miscellaneous expenses $805,105.03)
Total disbursements during the year $928,304.88
Balance Dec. 31, 1805 $1,781,153.37
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $50,738.28
Loans on mortgages of real estate (first liens) 302,210.00
Cost value of stocks and bonds 1,360,847.01
Cash in company's office 1,533.06
Cash deposited in banks 56,8^.00
Total net or ledger assets, as per balance $1,781,153.37
OTHER A88BT8.
Interest due and accrued on:
Mortgages $8,037.68
Stocks and bonds 24,876.18
Net amount of outstanding premiums 215,206.36
Total assets as per books of the company $2,020,273.59
ITEMS NOT ADHirrED.
Depreciation from cost of above ledger assets to bring same
to market value 16,087.18
Total admitted assets $2,013,186.46
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LIABILITIES.
Net amount of unpaid claims $6,856.22
Unearned premiums at fifty per cent, of gross premiums. . 1,242,647.66
Gross liabilities, except capital $1,249,608.88
Paid-up capital $600,000.00
Surplus beyond aU liabilities 268,682.68
Surplus as regards policy-holders 768,682.68
Total liabilities, including capital and surplus $2,018,186.46
RISKS AND PREMIUMS.
Steam Boiltr BUkt, PremiuvM.
In force Dec. 81, 1894 $244,868,481.00 $2,800,069.24
Written or renewed during the year 111,804,790.00 1,001,784.70
Total $866,678,271.00 $8,802,748.94
Deduct expirations and cancellations 91, 154,082.00 817,448.61
Net amount in force Dec. 81, 1896 $266,619,189.00 $2,486,295.88
MISCELLANEOUS.
Premiums received from organization to date $9,964,167.91
Losses paid from organization to date 884,892.66
Losses incurred during the year 96,467.26
Cash dividends declared since commencing business 774,750.00
Company's stock owned by the directors, at par value 110,600.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
Value of
State or Chuntry. Depoeiie, Liabilitiee.
Virginia $80,000.00 Not given.
BUSINESS IN NEW HAMPSHIRE, 1895.
Risks written $909,600.00
Premiums received 6,810.80
Received for inspections 2,918.92
Losses paid 275.00
Losses incurred 286.00
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214 FiDBLiTT AND Casualtt [Dec. 31,
LAWYERS' SURETY COMPANY.
New Yobk City.
Incorporated Haroh 80, 1802. Oommenoed baaineBS April l, 188S.
JoJEL B. Ebhabdt, PreHdent. Jobl Rathbons, Secretary,
Cash Capital, $500,000.00.
INCOME.
Prexnloms collected daring year $184»9S7 J8
Dedact re-inanranoe, abatement, rebate, and retom pre-
miams 88,455410
Net cash actually receiyed for premiums. $96,478.58
Interest on bonds owned and diridends on stock 17,213.12
Rents 24.00
From all other sources — 128.44
Total income $118,886.14
Net or ledger assets Dec. 31, 1894 560,120.99
Total $078,957.1S
DISBURSEMENTS.
Net paid policy-holders $4,000.00
Commissions to agents 2,501.29
Salaries of officers and office employes 86,097.17
Taxes and fees 2,101.06
Rent. 4,604. 16
Legal expenses 1,845.28
Furniture and fixtures for offices 857.20
Advertising and general printing 2,820.78
All other expenses 6,120.60
(Total miscellaneous expenses $55,947.88)
Total disbursements during the year $59,947.38
Balance Dec. 81, 1895 $614,000.73
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1895.] Insurance Companies. 215
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $15,0S2.26
Loans on mortgages of real estate (first liens) 2,000.00
Cost value of stocks and bonds 688,471.79
Cash in company's office 606.66
Cash deposited in banks 62,970.21
All other assete 4,419.83
Total net or ledger assets, as per balance $614,009.76
OTHKB ASSETS.
Interest due and accrued on:
Mortgages $16.67
Rents due and accrued 16.00
Market value of real estate over cost. 4,287.74
Net amount of outstanding premiums 28,968.61
Total assets as per books of the company $647,293.67
rrSMS NOT ADHITTBD.
Pamitare and flxtares 91,750.89
Depreciation from cost of nbove ledger asaets to bring
same to market valae 686.72
Total items not admitted 2,346.11
Total admitted assets $644,948.66
LIABILITIES.
Unearned premiums at fifty per cent, of gross premiums — $60,122.16
Due and accrued for salaries, rent, and incidental expenses. 2,786.63
Gross liabilities, except capital $62,908.79
Paid-up capital $600,000.00
Surplus beyond all liabilities 92,089.77
Surplus as regards policy-holders 692,039.77
Total liabilities, including capital and surplus $644,948.66
RISES AND PREMIUMS.
Surety BUk§, Pr9mium§,
In force Dec. 31, 1894 $17,987,626.62 $100,868.72
Written or renewed during the year 26,618,037.00 182,027.73
Total $43,466,663.52 $232,896.46
Deduct expirations and cancellations 21,460,649.62 132,652. 14
Net amount in force Dec. 31, 1895 $22,005,014.00 $100,244.31
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216 FiDELnr and Casualty [Dec. 31,
MISCELLANEOUS.
Premiums received from organizatioii to date $294,054.13
Losses paid from organization to date 206.43
Company's stock owned by the directors, at par value 170,800.00
BUSINESS IN NEW HAMPSHIRE, 1805.
Risks written $8,00a00
LLOYDS PLATE GLASS INSURANCE COMPANY.
New Yobk Citt.
Incorporated An^st, 1882. Commenced baslness September, 188L
William T. Woods, President C. E. W. Chaicbbbs, decretory.
Cash Capital, $260,000.00.
INCOME.
Premiums collected during the year $480,806.64
Deduct re-insurance, abatement, rebate, and return
premiums 88,682^0
Net cash actually received for premiums $302,184.06
Cash received for interest on:
Mortgage loans 360.28
Bonds owned and dividends on stock 11,901.38
Rents 12,890.90
Profits on securities actually sold during the year over cost 12.50
From all other sources 1,407.06
Total income $418,816.77
Net or ledger assets Dec. 81, 1894 676,444.54
Total $905,20aSl
DISBURSEMENTS.
Orosii amount paid for claims $194,872.76
Deduct salvages and re-insurances 60,462.56
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1895.] Insurance Companies. 217
Net paid policy-holders $144,420.21
Cash paid stockholders for interest or dividends 50,000.00
Commissions to agents 111,625.22
Salaries and travelling expenses of agents 775.81
Salaries of officers and office employes 43,024.56
Taxes and fees 13,670.19
Rent 2,748.88
Legal expenses 4,480.76
Furniture and fixtures for offices 186.29
Advertising and general printing 8,270.30
Losses on securities actually sold under cost 411.80
All other expenses 6,950.48
(Total miscellaneous expenses $242,997.74)
Total disbursements during the year $887,417.95
Balance Dec. 31, 1895 $607,842.36
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $245,768.18
Loans on mortgages of real estate (first liens) 18,000.00
Cost value of stocks and bonds 824,586.70
Cash in company's office ^,548.47
Cash deposited in banks 16,994.01
Total net or ledger assets, as per balance $607,842.86
OTHER ASSETS.
Rents due and accrued $2,012.16
Market value of real estate over cost 19,286.82
Net amount of outstanding premiums 47,920.24
Total assets as per books of the company $677,011.58
Depreciation from cost of above ledger assets to bring same
to market value 48,229.20
Total admitted assets $688,782.88
LIABILITIES.
Net amount of unpaid claims $8,644.89
Unearned premiums at fifty per cent, of gross premiums. . 201,500.76
Due and accrued for salaries, rent, and incidental expenses 20,802.91
Gross liabilities, except capital $225,948.56
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218 FiDELixr AND Casualty [Dec. 81,
Paid-up capital $250,000.00
Surpliu beyond all liabilitieB 157,888.82
Surplus as regards policy-holders 407,833.82
Total liabilities, including capital and surplus. $638,782.98
RISES AND PREMIUMS.
PlaU Olau BUk9, Premium*,
In force Dec. 81, 1804 $14,411,863.00 $406,107.07
Written or renewed during the year 14,883,828.00 424,096.07
Total $20,295,691.00 $882,805.14
Deduct expirations and cancellations 14,368,684.00 420,803.62
Net amount in force Dec. 81, 1895 $14,927,057.00 $406,001.52
MISCELLANEOUS.
Premiums received from organization to date $4,042,748.87
Losses paid from organization to date 1,770,855.21
Losses incurred during the year 144,549.27
Cash dividends declared since commencing business 868,250.00
Company's stock owned by the directors, at par value 111,800.00
BUSINESS IN NEW HAMPSHIRE, 1895.
Risks written $75,584.97
Premiums received 2,177.72
Losses pidd 281,68
Losses Incurred 375.68
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1895.] Insurance Compakibs. 219
LONDON GUARANTEE AND ACCIDENT COMPANY.
(LIMITED.)
UNITED STATES BRANCH.
London, England.
Commenoed baslness In the United States, 1892.
ReHdent Manager^ A. W. Masters, Chicago, HI.
INCOME.
PremiumB collected daring jear :
Fidelity ... $12,851.40
Accident 167,021.78
BmployersMiability 425,608.06
Total $506,976.26
Deduct re-inaarance, abatement, rebate, and retam
premlnms :
Fidelity $2,481.91
Accident 82,047.61
Employers* UabiUty 44,240.92
Total deduction 78,770.44
Net cash actually received for premiums $517,205.82
Interest on bonds owned and dividends on stock 15,667.31
Total income $532,878.13
Net or ledger assets Dec. 31, 1394 881,882.58
Total $914,755.71
DISBURSEMENTS.
Net paid policy-holders $152,861.86
Commissions to agents. 141,977.80
Salaries and travelling expenses of agents 3,999.91
Medical examiners* fees 11,045.40
Salaries of officers and office employes 20,117.66
Taxes and fees 9,711.06
Rent 2,592.26
Legal expenses 6,352.02
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220 Fn>BLiTT AND Cabualtt [Dec. 31,
Furniture and fixtures for offices $006.06
Advertising and general printing 8,186.48
All other expenses. 13,048.61
(Total miscellaneous expenses $217,686.84)
Total disbursements during the year. $870,497.70
Balance Dec. 31, 1806 $544,268.01
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of stocks and bonds $401,111.28
Cash in company's office 154.58
Cash deposited in banks 52,002.15
Total net or ledger assets, as per balance $544,258.01
OTHER ASSETS.
Interest on stocks and bonds $3,587.72
Market value of stocks and bonds over cost 22,460.16
Net amount of outstanding premiums. 07,201.84
Total assets as per books of the company $687,516.23
LIABILITIES.
Net amount of unpaid claims $128,576.66
IJneamed premiums at fifty per cent, of gross premiums 257,648.66
Due and accrued for salaries, rent, and incidental expenses. . 2,803.02
Gross liabilities $884,118.83
RISKS AND PREMIUMS.
Accident BUkt. Bremiuwu.
In force Dec. 81, 1804 $12,162,060.00 $105,784.29
Written or renewed during the year 17,386,050.00 163,356.15
Total $20,540,000.00 $260,140.44
Deduct expirations and cancellations . . 15,720,200.00 140,668.68
Net amount in force Dec. 31, 1805 $13,820,700.00 $110,476.81
Bmptoyen*
LiabilUy BUk: Premium§.
In force Dec. 31, 1804 $33,107,500.00 $272,307.28
Written or renewed during the year 40,003,700.00 444,476.46
Total $82,111,200.00 $716,783.74
Deduct expirations and cancellations 27,248,500.00 881,274.57
Net amount in force Dec. 81, 1805 $54,862,700.00 $385,508.17
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1895.]
Insurance Companibs.
221
Fidelity Bi9k9. PremiumM,
In force Dec. 81, 1804 $1,616,700.00 $10,096.12
Written or renewed daring the year 1,024,700.00 12,466.06
Total ; $8,640,400.00 $22,660.17
Deduct expirations and cancellations 1,962,200.00 12,248.86
Net amount in force Dec. 81, 1896 $1,578,200.00 $ 10,811.81
MISCELLANEOUS.
Premiums received from organization to date $1,156,446.19
Losses paid from organization to date 271,428.09
BUSINESS IN NEW HAMPSHIRE, 1896.
Amount at
risk.
Premiums
received.
Losses
. paid.
Losses
incurred.
Accident
Employers' liabiUty
$88,800.00
682,000.00
$482.05
2,074.85
$58.56
276.00
$68.56
275.00
$615,800.00
$2,606.90
$828.66
$828.56
STANDARD LIFE AND ACCIDENT INSURANCE
COMPANY.
Detroit, Mich.
Inoorporated May 29, 1884. Commenoed business Aasmst 1, 1884.
D. M. FsBKT, President, Stuakt Marks, Secretary.
Cash Capital, $200,000.00.
INCOME.
Premlnms collected daring year:
Accident. $778,410.85
Bmplojen' UabUity 416,767.71
Total $1,190,178.66
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222 FiDBLixr ahd Cabualtt [Dec. 81,
Deduct re-instiruioe, abatement, rebate, and return
premiums:
Accident $146aS60.48
Employers* llabilltj 101,285.54
Total deduction. $M7,786.<tt
Net cash actually received for premiums $942,882.54
Cash received for interest on:
Mortigage loans 20,775.09
Bonds owned and dividends on stock 7,900.00
Other debts due the company 242.46
Total income $970,7ia09
Net or ledger assets Dec. 81, 1894 579,246.22
Total $1, 549,966.31
DISBURSEMENTS.
Net paid policy-holders $452,264.55
Cash paid stockholders for interest or dividends 12,000.00
Commissions to agents 280,541.89
Salaries and traveling expenses of agents 48,642.94
Medical examiners* fees 17,029.48
Salaries of officers and office employes 48,651.10
Taxes and fees 26,467.85
Rent. 1 1,593.77
Legal expenses 10,129.84
Furniture and fixtures for offices 387.75
Advertising and general printing 28,990.43
All other expenses 35,220.61
(Total miscellaneous expenses $469,655.66)
Total disbursements during the year $921,920.21
Balance Dec. 81, 1895 $628,086.10
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $6,000.00
Loans on mortgages of real estate (first liens) 347,480.23
Cost value of stocks and bonds 207,000.00
Cash in company's office 2,009.76
Cash deposited in banks 64,676.29
Bills receivable 869.82
Total net or ledger assets, as per balance $628,036.10
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1895.] Insurance Companies. 223
othsb absbtb.
Interest due and accrued on:
Mortgages $13,053.81
Stocks and bonds 3,164.68
Market value of stocks and bonds over cost 7,000.00
Net amount of outstanding premiump 193,670.16
Re-insurance in foreign companies 8,216.24
Total assets as per books of the company $858,040.89
ITEMS NOT ADMITTED.
Bills receiyable $8SB.82
Be-lnatirance in foreign oompanies 8,216.24
Total items not admitted 9,086.06
Total admitted assets $844,854.88
LIABILITIES.
Net amount of unpaid claims $117,990.68
Unearned premiums at fifty per cent, of gross premiums. . 464,558.44
Gross liabilities except capital $582,549.07
Paid-up capital $200,000.00
Surplus beyond all Uabilities 62,805.26
Surplus as regards policy-holders 262,805.26
Total liabilities, including capital and surplus $844,854.38
RISKS AND PREMIUMS.
Aeeid&nt BUks, Premiufn§.
In force Dec. 31, 1894 $74,237,680.00 $541,520.80
Written or renewed during the year 118,218,290.00 794,236.45
Total $187,455,920.00 $1,385,757.25
Deduct expirations and cancellations 106,509,730.00 738,038.61
Net amount in force Dec. 31, 1895 $78,946,190.00 $597,723.64
BrnployerB*
Liability Risks, Prsmiwns.
In force Dec. 31, 1894 $36,175,000.00 $310,845.40
Written or renewed during the year 50,541,500.00 418,878.85
Total $85,716,500.00 $729,224.26
Deduct expirations and cancellations 43,708,000.00 397,831.01
Net amount in force Dec. 81, 1895 $42,008,600.00 $881,393.24
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224
FlDELITT AND CASUALTY
MISCELLANEOUS.
[Dec. 81,
Premiums received from organization to date $6,062,967.88
Losses paid from organization to date 2,888,148.64
Losses incurred during the year.
Cash dividends declared since commencing business
Company's stock owned by the directors, at par value
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
452,264.56
86,000.00
188,000.00
Value of
State or Country, Depoeits,
Ohio $50,000.00
Virginia 10,000.00
LiahilUiee,
I Not given.
BUSINESS IN NEW HAMPSHIRE, 1806.
Amount Premiums
at risk. | received.
Losses
paid.
Losses
incurred.
Accident
$887,800.00
75,000.00
$8,686.86
203.78
$868.19 ' $858.19
Employers' liability...
1
$962,800.00
$8,840.18
$858.19
$853.19
TRAVELERS' INSURANCE COMPANY.
Habtfobd, CoNir.
Incorporated Jane 17, 1888. Gommenced basinesB April 1, 1884.
James G. Battbbson, President Rodnbt Dennis, Secretary.
Cash Capital, $1,000,000.00.
INCOME.
Premiums collected daring year:
Accident $2,148,886.17
Employers* liability 684,818Jn
Total $2,878,804.67
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Deduct re-insurance, abatement, rebate, and return
premiums:
Aocid«nt $8,199.96
Employers* UabiUty 81,877.84
Total deduction $84,677JD
Net cash actually received for premiums $2,648,726.87
Cash received for interest on:
Bonds owned and dividends on stock 126,029.65
Other debts due the company 6,446.68
Profits on securities actually sold durinji^ the year, over cost 192.68
From all other sources 1,188.04
Total income '. $2,777,528.77
Net or ledger assets Dec. 81, 1894 8,497,409.91
Total $6,274,988.68
DISBURSEMENTS.
Qross amount paid for claims:
Accident $991,848.69
Employers* liability 822,686.27
Total $1,814,588.96
Deduct saWacres and re-insurances.
Accident $72,246.42
Employers* liability
Total deductions 72,246.42
Net paid policy-holders $1,242,287.54
Commissions to agents 708,724.84
Salaries and traveling expenses of agents 138,768.82
Medical examiners' fees 20,704.72
Salaries of officers and office employes 81,884.58
Taxes and fees 44,696.82
Rent 29,615.80
Legal expenses 88,786.05
Furniture and fixtures for offices 1,409.80
Advertising and general printing 44,946.40
All other expenses 58,850.28
(Total miscellaneous expenses $1,218,287.01)
Total disbursements during the year $2,455,574.55
Balance Dec. 81, 1895 $8,819,864.18
15
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226 FiDBLmr and Casualty [Dec. 81,
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of stocks and bonds $2,887,807.92
Cash in oompany^s office 829.28
Cash deposited in banks 872,756.42
Agents' ledger balances 2,507.92
Suspense account 555,272.59
Total net or ledger assets, as per balance $8,819,864.18
OTHSB ASSETS.
Interest on bonds and stocks 29,494.99
Total assets as per books of the company $8,848,859.12
ITEMS NOT ADMITTED.
Agents' balances $2,507.92
Bospense aooonnt 666,272JSQ
Depreciation from cost of above ledger assets to bring
flVime to market valne 106,678.52
Total items not admitted 664,854.03
Total admitted assets $3,184,505.09
LIABILITIES.
Net amount of unpiUd claims $637,765.48
IJneamed premiums at fifty per cent, of gross premiums. . 1,241,692.94
Due and accrued for salaries, rent, and incidental expenses 10,000.00
Gross liabilities, except capital $1,880,458.87
Paid-up capital $1,000,000.00
Surplus beyond all liabilities 205,046.72
Surplus as regards policy-holders 1,205,046.72
Total liabilities, including capital and surplus $3,184,505.09
RISKS AND PREMIUMS.
Aecid&nt RUIu. Premium$.
In force Dec. 31, 1804 $221,677,640.00 $1,238,962,67
Written or renewed during the year. 432,501,959.00 2,143,886.17
Total $664,179,599.00 $8,382,848.84
Deduct expirations and cancellations 366,593,383.00 1,855,727.39
In force at the end of the year $287,586,216.00 $1,526,621.45
Deduct re-insured policies 1,034,000.00 8,199.96
Net amount in force Dec. 31, 1896 $286,552,216.00 $1,523,421.40
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1895.]
Insurance Companies.
227
Employers*
Liahifay BUkg. Premiuma,
In force Dec. 31, 1894 $89,940,686.00 $406,694.02
Written or renewed during the year 60,699, 141.00 684,918.50
Total $100,689,727.00 $940,612.62
Deduct expirations and cancellations 43,214,667.00 472,626.65
Net amount in force Dec. 31, 1896 $67,425,060.00 $467,885.87
MISCELLANEOUS.
Premiums received from organization to date $42,747,019.84
Losses paid from organization to date 18,454,262.17
Losses incurred during the year 1,878,172.17
Cash dividends declared since commencing business 1,768,000.00
Company's stock owned by the directors, at par value 91,900.00
BUSINESS IN NEW HAMPSHIRE. 1896.
Amount at
risk.
Premiums
received.
Losses
paid.
Losses
incurred.
Accident
$3,041,660.00
400,000.00
$19,391.11
8,868.91
$11,434.78
864.67
$11,609.78
864.67
Employers' liability
$3,441,660.00
$22,755.02
$11,799.35
$11,974.36
UNION CASUALTY AND SURETY COMPANY.
St. Louis, Mo.
Incorporated December 29, 1802. Commenced baslnesa, April 18, 1896.
C. P. Ellebbe, President. O. E. Clabdy, Secretary.
Cash Capital, $260,000.00.
INCOME.
Premiums collected daring year :
Accident $497,180.85
Plate glass 71.048.87
Steam boiler 80.821.70
Employers' UabiUty 409.298.40
Total $1,008,125.42
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228 Fidelity and Casualty [Dec. 31,
Deduct re-lnsnranoe, abatement, rebate, and retam
premlmns :
Aocldent $100,282.86
Plate glaas 16,842^
Steam boiler 4,178.04
Employers' liability 70,888.92
Total deduction $192,218.88
Net cash actually received for premiams $815,908.74
Cash receiyed for interest on:
Mortgage loans 10,682.02
Collateral loans .'.... 1,306.52
t Bonds owned and dividends on stock 12,221.16
Other debts due the company 323.06
Profits on securities actually sold during the year, over cost 087.00
Total income $841,106.09
Net or ledger assets Dec. 31, 1894 607,638.00
Total $1,848,844.69
DISBURSEMENTS.
OrosB amount paid for claims :
Accident $186,010.07
PlateglaM 18,880.56
Steam boiler 8,618.87
Employers* liablUty 171,516JQ
Net paid policy-holders $878,422.52
Commissions to agents ' 288,981.09
Salaries and travelling expenses of agents 8,805.44
Inspections 11,246.72
Salaries of officers and office employes 39,494.70
Taxes and fees 19,103.34
Rent 6,150.22
Legal expenses 8,871.46
Furniture and fixtures for offices 1,887.33
Advertising and general printing 13,231.62
Losses on securities actually sold under cost 18,741.96
All other expenses 12,781.%
(Total miscellaneous expenses $403,674.23)
Total disbursements during the year $779,998.75
Balance Dec. 31, 1895 $588,847.94
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1895.] Insubakce Companies. 229
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Loans on mortgages of real estate (first liens) $201,612.50
Loans on collateral securities 25,000.00
Cost Talue of stocks and bonds 305,012.50
Cash in company's oflBlce 1,656.05
Cash deposited in banks 14,619.42
Cash in transit (since receiyed) 20,350.27
Agents* ledger balances 397.20
Total net or ledger assets, as per balance $568,647.94
OTHER ASSETS.
Interest due and accrued on:
Mortgages $1,383.16
Stocks and bonds 504.03
Market value of stocks and bonds over cost. 5,622.50
Net amount of outstanding premiums 199,543.59
Total assets as per books of the company $775,701.22
ITEHS NOT ADMITTED.
Agents' balances $897.20
Preminms more than three months dae ^ 10,0(
Total items not admitted 10,397.20
Total admitted assets $765,304.02
LIABILITIES.
Net amount of unpaid claims $92,454.00
Unearned premiums at fifty per cent of gross premiums. . 344,894.81
All other liabilities 1,950.00
Oross liabilities, except capital $438,798.81
Paid-up capital $250,000.00
Surplus beyond all liabilities 76,506.21
Surplus as regards policy-holders 326,505.21
Total liabilities, including capital and surplus $765,304.02
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230 Fidelity and Casualtt [Dec. 31,
RISKS AND PREMIUMS.
Accident Bisks. Premiums.
In force Dec. 31, 18»4 $82,797,550.00 $880,575.12
Written or renewed during the year 47,058,750.00 498,720.65
Total $80,456,800.00 $829,295.77
Deduct expirations and cancellations 44,020,250.00 587,949.69
Net amount in force Dec. 81, 1895 $86,436,050.00 $291,346.06
Employers*
Liability Risks. Premiums.
In force Dec. 81, 1894 $34,976,115.78 $298,289.64
Written or renewed during the year 62,485,500.00 405,888.84
Total $97,461,615.78 $698,603.48
Deduct expirations and cancellations 54,540,249.20 387,923.06
Net amount in force Dec. 81, 1896 $42,921,866.58 $810,680.40
Plate Olass Bisks. Premiums.
In force Dec. 81, 1894 $462,810.69 $83,061.16
Written or renewed during the year 1,256,496.40 79,664.58
Total $1,718,807.09 $112,725.74
Deduct expirations and cancellations 707,718.28 49,829.00
Net amount in force Dec. 31, 1895 $1,011,088.81 $62,896.74
Steam Boiler Bisks. Premiums.
In force Dec. 31, 1894 $10,859,096.76 $81,860.79
Written or renewed during the year 10,941,850.00 85,524.81
Total $21,800,446.76 $66,885.60
Deduct expirations and cancellations 11,455,800.00 43,019.20
Net amount in force Dec. 81, 1895 $9,844,646.76 $23,866.40
MISCELLANEOUS.
Premiums received from organization to date $1,547,800.29
Losses paid from organization to date 598,283.69
Losses incurred during the year 376,422.52
Company's stock owned by the directors, at par value. . . 85,000.00
Amount loaned to stockholders not officers 4,000.00
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1895.]
Insurance Companies.
BUSINESS m NEW HAMPSHIRE, 1896.
231
Amount at
risk.
Premiums
receiyed.
Losses
paid.
Losses
incurred.
Accident
$17,600.00
17,500.00
1,512.00
$102.75
101.68
86.00
Employers' liability
Steam boiler
$119.60
77.68
$119.50
77.68
$86,512.00
$240.88
$197.18
$197.18
UNION SAFE DEPOSIT AND TRUST COMPANY.
Portland, Me.
Incorporated March 16, 1898. Commenced basinesa Jannary 8, 18M.
Fbbd I. Richards, PreHdent, Frank I. Allex, I^edturer.
Cash Capitax, $250,000.00.
INCOME.
Net cash actually received for premiums $2,042.60
Cash received for interest on:
Mortgage loans 4,147.90
Bonds owned and dividends on stock 5,059.17
From all other sources 5,161.61
Total income $16,411.28
DISBURSEMENTS.
Cash paid stockholders for interest or dividends $6,250.00
Commissions to agents 25.50
Salaries of officers and office employes 4,795.30
Taxes and fees 290.00
Rent. 3,000.00
Legal expenses 100.00
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232 Fidelity and Casualty [Dec. 81,
Advertising and general printing 440.76
All other expenses < 581.28
(Total miscellaneous expenses $15,482.84)
Total disbursements during the year $15,482.84
Balance Dec. 31, 1805 $928.44
ASSETS, AS PER LEDGER ACCOUNTS.
Loans on mortgages of real estate (first liens) $113,805.00
Loans on collateral securities 10,028.75
Cost value of stocks and bonds 134,150.00
Cash in company's office 325.50
Cash deposited in banks 2,259.02
Total net or ledger assets $260,658.27
OTHSB ASSETS.
Interest due and accrued on:
Mortgages $3,602.78
Stocks and bonds 2,285.00
Total assets as per books of the company $266,546.05
LIABILITIES.
Unearned premiums at fifty per cent, of gross premiums — $12,015.04
Gross liabilities, except capital $12,915.04
Paid-up capital $260,000.00
Surplus beyond all liabilities 3,631.01
Surplus as regards policy-holders 253,631.01
Total liabilities, including capital and surplus $266,546.06
RISKS AND PREMIUMS.
Suraiy BUkt* Premiuwu.
In force Dec. 31, 1894
Written or renewed during the year $548,700.00 $2,042.60
Net amount in force Dec. 31, 1895 $548,700.00 $2,042.60
BUSINESS IN NEW HAMPSHIRE, 1895.
Risks written $7,00a00
Premiums received 45.00
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1895.] Insurance Companies. 238
UNITED STATES CASUALTY COMPANY.
New York City.
Inoorpormted May a, 1806. Oommenced bnslnesB May 8, 1886.
Bbnj. F. Tract, President. Wm. H. Cheseborough, Jr., Secretary.
Cash Capital, $S00,000.00.
INCOME.
Premluxna collected daring year:
Accident ! $374^06.70
Steam boiler 8,868.60
Bmployera' liability 68,286.70
Aatomatic sprinkler 6,088.87
Total $867,480.45
Deduct re-lnsnranoe, abatement, rebate, and return
premiums:
Accident $7,988.82
Steam boiler 1,458.86
Employers' liability 14,290.14 '
Automatic sprinkler 1,004.17
Total deduction 24,686.00
Net cash actually received for premiums $332,802.46
Interest on bonds owned and dividends on stock. 3,896.87
From all other sources 3.30
Total income $386,704.63
Net or ledger assets May 8, 1895 '450,000.00
Total $786,704.63
DISBURSEMENTS.
Gross amount paid for claims :
Accident $74,200.86
Steam boiler 1,000.00
Employers' liability 6,710J»
Automatic sprinkler 62.20
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284 Fidelity and Casualty Dec. 81,
Net paid policy-holders $82,08L56
Commissions to agents 58,914.04
Salaries and traveling expenses of agents 24,002.88
Medical examiners* fees and inspections 3,064.98
Salaries of officers and office employes 75,813.65
Taxes and fees. 6,212.82
Rent 5,000.00
Legal expenses 9,058.83
Advertising and general printing 22,052.93
All other expenses 13,736.00
(Total miscellaneous expenses $213,455.48)
Total disbursements during the year $295,537.04
Balance Dec. 81, 1895 $491,167.59
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of stocks and bonds $374,829.05
Cash in company's office .• 5,842.34
Cash deposited in banks 97,706.05
Agents* ledger balances. 199.75
All other assets 12,590.38
Total net or ledger assets, as per balance $491,167.50
OTHSB ASSETS.
Interest pn stocks and bonds 4,841.67
Net amount of outstanding premiums 43,120.98
Total assets as per books of the company $539,130.24
ITEMS NOT ADMITTED.
AKentB* balances $198.76
Famitareand flxtares 6,661.89
Cash advanced to agents or officers 7,029.00
Total items not admitted 12,790.14
Total admitted assets $526,340.10
LIABILITIES.
Net amount of unpaid claims $39,646.30
Unearned premiums at fifty per cent, of gross premiums 185,225.72
Due for re-insurance 276.33
All ottier liabiUties 500.00
Gross liabilities, except capital $175,648.35
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1895.] Insurance Companies. 285
Paid-up capital $300,000.00
Surplus beyond all liabilities 50,691.75
Surplus as regards policy-holders $850,691.75
Total liabilities, including capital and surplus $526,340.10
RISES AKD PREMIUMS.
Accident Bi§k§» PremiumB.
In force Dec. 81, 1894
Written or renewed during the year $377,293,775.00 $865,211.39
Total $377,293,775.00 $866,211.39
Deduct expirations and cancellations 222,516,175.00 138,803.21
In force at the end of the year $154,777,600.00 $226,408.18
Deduct re-insured policies 2,205,185.00 1, 101.90
Net amount in force Dec. 81, 1895 $152,572,415.00 $225,306.28
Employera*
Liabiltty BUk: Premium;
In force Dec. 31, 1894
Written or renewed during the year. $14,442,001.00 $76,957.10
Total $14,442,001.00 $76,957.10
Deduct expirations and cancellations 2,839,500.00 3,768.55
Net amount in force Dec. 31, 1895 $11,602,501.00 $78,188.55
Steam Boiler Bieke, Premium*,
In force Dec. 31, 1894
Written or renewed during the year. $4,493,800.00 $8,602.28
Total $4,493,800.00 $8,602.28
Deduct expirations and cancellations 1,516,500.00 564.80
Net amount in force Dec. 81, 1895 $2,977,800.00 $7,937.48
Automatic
Sprinkler Bieke. Premiume.
In force Dec. 31, 1894
Written or renewed during the year $1,094,500.00 $6,944.20
Total $1,094,500.00 $6,944.20
Deduct expirations and cancellations 363,000.00 832.24
Net amount in force Dec. 31, 1895 $781,500.00 $6,111.96
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236
Fidelity and Casualty Companies. [Dec. 31, 1895.
MISCELLANEOUS.
Premiums received from organization to date $332,802.46
Losses paid from organization to date 82,06L56
Losses incurred during the year 121,727.86
Company's stock owned by the directors, at par value 102,400.00
Amounts deposited for the exclusive protection of policy-
holders in other states or countries, as follows, viz. :
State or Ckmntry.
Virginia
Value of
Deposit: LiabiliUee.
$17,512.60 Not given.
BUSINESS IN NEW HAMPSHIRE, 1895.
Amount at
risk.
Premiums
received.
Losses
paid.
Losses
incurred.
Accident
$206,000.00 .
10,000.00
$387.00
60.00
$275.00
$275.00
Employers* liability
$216,000.00
$447.00
$275.00
$275.00
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LIFE INSURANCE COMPANIES
OF OTHER STATES.
Detailed Statements of Assets and Liabilities, with
Abstracts of Annual Statements, showing their
Standing and Condition on the 81st Day
OF December, 1895.
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238 Life Insurance Cohpanies [Dec. 81,
^TNA LIFE INSURANCE COMPANY.
Habtfobd, Conk.
Incorpormted 1820. Oommenced boslnesA 1860.
Morgan G. Bulkblby, President. Jobl L. English, Secretary,
Cash Capital, $1,750,000.00.
INCOME.
New premlams without dedaotions $607,528.91
Renewal premiums without deductions 8,488,982.28
Premlams paid by dlYldends 810,288.71
Premiums paid by surrendered policies 18,762.80
Surrender values applied to purchase paid-up In-
surance and annuities 28M14JM)
Total $4,016,908.00
Deduct amount paid for re-insurance 1,920.04
Total premium income $4,014,081.96
Cash receiyed for interest on:
Mortgage loans 1,004,072.74
Bonds owned and dividends on stock 546,514.51
Premium notes, loans or liens 81,400.13
Other debts due the company 29,165.41
* Deposits 28,724.06
Bents for use of company^s property 18,598.13
Profits on real estate sold 17,066.76
From other sources 834.97
Total income $6,641,978.67
Net or ledger assets December 81, 1894 40,464,700.31
Total $47,106,678.98
DISBUBSEMENTS.
Cash paid for losses and additions $2,848,228.88
Cash paid for matured endowments and additions. . . 082,198.45
Claims on Instalment policies , 1,000.00
Gross amount paid for losses and endowments. . $8,281,4224(8
Received for losses or claims on policies re-insured. 2,984.00
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1895.] OF Otheb States. 289
Net amount paid for losses and endowments $3,278,488.83
Premium notes or loans used in purchase of surrendered
policies and voided by lapse 14,275.57
Premium notes or loans used in payment of dividends — 86,849.58
Cash dividends paid policy-holders. 188,104.16
applied to pay running premiums 610,268.71
Surrender values paid in cash 146,590.89
applied to pay running premiums 18,762.60
applied to purchase paid-up insurance
and annuities 261,414.50
{Total paid poliey-holderB $^549,204.29)
Cash paid stockholders for interest or dividends 156,250.00
Commissions to agents 551,925.52
Salaries and traveling expenses of agents 10,888.50
Medical examiners* fees 40,654.78
Salaries of officers and office employes 118,848.57
Taxes and fees 185,864.41
Rent 25,201.85
Furniture and fixtures for offices 2,160.88
Advertising and printing 49,472.65
Profit and loss account 8,889.15
Legal expenses 17,618.14
All other items 82,908.09
Total disbursements during the year $5,689,280.78
Balance Dec« 81, 1895 (Life Department) $41,417,898.20
Balance Dec. 81, 1895 (Accident Department) 46,759.06
$41,464,157.28
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $492,841.96
Loans on mortgages of real estate (first liens) 28,752,888.84
Loans on collateral securities 429,678.14
Loans on company^s policies as collateral 719,755.62
Premium notes, loans, or liens on policies in force 704,471.86
Cost value of stocks and bonds 12,528,918.77
Cash in company's office 464,548.17
Cash deposited in banks 2,845,289.24
Agents' ledger balances 28,174.57
Loans on personal security 500.00
Total net or ledger assets, as per balance $41,466,506.67
Deduct agents' credit balances 2,849.89
Total net or ledger assets $41,464,157.28
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240 LiFB Iksubance Companies [Dec. 31,
OTHEB A8BBTB.
Interest due and aoomed on:
Mortgages $742,276.72
Stocks and bonds 121,380.18
Collateral loans 4^256.85
Premiums notes, loans, or liens 171,467.06
Other assets 16,879.20
Market yalue of stocks and bonds over cost 662,115.53
New
BuHneta, BefiewaU.
Premiums doe and unreported on poUoies In
force $54,666.28 $15M8a.29
Deferred premiama on policies in force 82,948.98 218,639.40
Total $87,614.21 $878,011.69
Deduct cost of collection 48,767.10 29,840.94
$48,757.11 $848,170.75
Net amount of uncollected and deferred premiums 386,027.86
Total assets as per books of the company $43,568,47L28
ITEMS KOT ADMITTED.
Agents' balances $28,174JS7
Loans on personal secnrlty* endorsed or not. 600.00
Total items not admitted 2a,674.57
Total admitted assets $43,530,796.71
LIABILITIES.
Net present valae of all outstanding policies, com-
puted according to the Actuaries' table of Mortal-
ity, with 4 per cent. Interest $85,817,018.00
Deduct net value of re-Insured risks 48,188.00
Net re-insurance reserve $85,773,880.00
Matured endowments due and unpaid $54,906i)0
Death losses and matured endowments not due 109,644.00
Death losses and other policy claims resisted 15,846.00
Death losses reported, no proofs received 2,600.77
Commissions due agents on premium notes 29,688.00
Present value of unpaid instalments 6,062.00
Total policy claims 218,170.77
Unpaid dividends of surplus due policy-holders 515,997.89
Contingent surrender values 21,407.35
Premiums paid in advance 3,552.2$
Bills payable 8,181.04
Liabilities as to policy-holders (Life department) $36,541,189.31
Liabilities (Accident department) 126,330.96
$36,667,520.29
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1895.] OF Other States. 241
Paid-up capital $1,750,000.00
Surplus over capital 5,122,276.42
Surplus as regards policy-holders (Life and Accident) 6,872,276.42
Gross liabilities $43,539,796.71
PREMIUM NOTE ACCOUNT.
Premium note, loans, or liens on hand Deo. 81, 18M. . $789,082.42
Premium notes, loans, or liens received during the
year 86,641.19
Total $805,573.61
Deductions during the year as follows: Notes, loans, or
liens used in:
Payment of losses and claims $48,481.08
Purchase of surrendered policies and voided by
lapse 14,276Ji7
Payment of dividends to policy-holders 86,840JS8
Bedeemed by maker in cash 1,966.07
Total reduction 101, 102.25
Balance of note assets Dec. 31, 1895 $704,471.36
EXHIBIT OP POLICIES.
POLICIES AND ADDITIONS IN FORCE DEC. 31, 1894.
Number, Amount.
Whole life policies 34,725 $47,952,113.94
Endowment policies 37,776 62,996,970.00
All other policies 10,869 24,958,712.00
NEW POLICIES ISBXTBD DURING THE YEAR.
Whole life policies 1,239 2,334,795.00
Endowment policies 7,047 13,405,534.00
All other policies 1,835 4,285,860.00
OLD POLICIES REVIVED AND INCREASED.
Whole life policies 8 37,998.00
Endowment policies 40 134,398.00
All other policies 18 56,500.00
16
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242
Life Insurance Companies.
[Dec. 31,
OLD POLICIBB CHANGED.
All Other policies (from endowment to term). . . .
Total number and amount
Deduct policies ceased to be in force
2S8 4fi9,20a00
03,815 $166,652,075.94
8.447 16,624,815.00
Total in force Dec. 31, 1805 85,868 $140,027,26a94
Numbtr. Amount.
Whole life poUcies In force S4,861 t47,4ao,7W.M
Endowment polioies In force 40,819 68,078,888.00
All other policies In force 10,688 24,487,887.00
Total number and amount.... 86,868 $140,037,960.M
TERMINATED AS FOLLOWS:
By deatb 1,827
maturity 810
expiry 744
surrender 1,805
lapse 2,390
change and decrease 272
Not taken 1.500
$2,319,524.00
029,102.00
1,764,260.00
2,277,233.00
5,537,483.00
584,060.00
8,213,213.00
Total 8,447 $16,624,815.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1804 1,014 $1,310,438.00
Policies issued during year 62 118,500.00
Total 1,076 $1,438,037.00
Deduct policies ceased to be in force 57 88,040.00
In force in New Hampshire Dec. 31, 1805. . . . 1,010 $1,340,097.00
Losses and claims unpaid Dec. 31, 1804. .
Losses incurred during 1805
2
38
Total
Losses and claims paid during 1805.
Premiums collected or secured without deductions:
Cash, $40,084.25; notes or credits, $447.47
40
40
$805.00
54,086.00
$55,881.00
$55,681.00
$41,431.72
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1895.] OP Othkb Statbs. 243
CONNECTICUT GENERAL LIFE INSURANCE
COMPANY.
Habtfobd, Conn.
Incorporated June, 1806. Commenced bnalness October, 1866.
Thomas W. Russbll, PreHdent Fbbd V. Hudson, Secretary.
Cash Capital, $150,000.00.
INCOME.
New preminmB wlthont dednottons $47,876.01
Benewal preminma without dednctlona 816,784.62
PremianiB paid by dividends 6,601.88
Premiums paid by surrendered policies 2,028.07
Surrender values applied to purchase paid-up insur-
ance 6,828.00
Total $878,688.08
Deduct amount paid for re-insurance 7,629.66
Total premium income .* $871,158.53
Cash received for interest on:
Mortgage loans 09,846.12
Bonds owned and dividends on stock 28,807.80
Premium notes, loans or liens 3,080.26
Other debts due the company 5,008.04
Rents for use of company's property 6,185.11
Profits on securities sold 102.77
Total income $508,466.13
Net or ledger assets Dec. 81, 1804 2,560,180.40
Total $3,077,646.53
DISBURSEMENTS.
Cash paid for losses and additions $116,668.00
Cash paid for matured endowments and additions. . . . 88,880.27
Gross amount paid for losses and endowments. . $148,888.27
Received for losses or claims on policies re-insured . . 2,600.00
Net amount paid for losses and endowments $146,888.27
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244
Life Insukance Companies
[Dec. 31,
Caah paid to annuitants $75.12
Premium notes or loans used in purcliase of surrendered
policies and yoided by lapse 544.84
Cash dividends paid policy-holders 16,02S.96
applied to pay runninf^ premiums 6,691.38
Surrender values paid in cash 29,527.00
applied to pay running premiums 2,028.07
** '* purchase paid-up insurance. . . 5,828.00
{Total paid policy-holders $208,506.66)
Cash paid stockholders for interest or dividends 12,000.00
Commissions to agents 85,057.13
Salaries and travelling expenses of agents 15,875.64
Medical examiners* fees 4,061.50
Salaries of officers and office employes 21,005.77
Taxes and fees 9,764.23
Profit and loss account 78.45
Legal expenses 1,149.00
All other items 13,709.47
Total disbursements during the year. $321,207.85
Balance Dec. 31, 1896 $2,756,438.68
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $315,725.27
Loans on mort^^es of real estate (flrst liens) 1,814,615.35
Loans on collateral securities 5,412.^
Loans on company's policies as collateral 90,770.13
Premium notes, loans, or liens on policies in force 49,957.21
Cost value of stocks and bonds 457,450.28
Cash in company's office 4^.28
Cash deposited in banks 21,067.84
Bills receivable 705.00
Agents' ledger balances 314.51
Total net or ledger assets, as per balance $2,756,535.22
Deduct agents' credit balances 96.54
Total net or ledger assets $2,756,438.68
OTHSB ASSETS.
Interest due and accrued on:
Mortgages $32, 1 10.94
• Stocks and bonds 8,357.13
Collateral loans 23.42
Premium notes, loans, or liens 8,014.29
Other assets 2,64ai2
Market value of stocks and bonds over cost 16,905.72
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1895.] OF Other States. 245
New
BuHneta. BenewaU,
Premiams due and unreported on policies in
force $4,9004(8 $10,794.80
Deferred premiiuns on policies in force 9,891^ 68,281^
Total $14,791.96 $88,027.89
Deduct cost of coUecUon 7,89S.96 4,727.06
$7,896.96 $66,800 JM
Net amount of uncollected and deferred premiums. .
Total assets as per books of the company $2,890,276.62
ITEMS HOT ADMITTED AND DSPBECIATION.
Aunts' balances $814.61
BillB receivable 706.00
Depreciation from cost of real estate 49,267.16
Total items not admitted 50,286.07
Total admitted assets $2,839,060.05
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actuaries' Table of Mortal-
ity, with 4 per cent, interest $2,272,174.00
Deduct net value of re-insured ri»ks 86,601.00
Net re-insurance reserve $2,286,583.00
Matured endowments due and unpaid $14,082.09
Death losses and matured endowments not due 8,826.00
Death losses and other policy claims resisted 6,000.00
Death losses reported, no proofs received 6,000.00
Total policy claims 35,018.00
Unpaid dividends of surplus due policy-holders 1,020.27
Premiums paid in advance 1,055.25
Liabilities as to policy-holders 2,274,585.61
Paid-up capital $150,000.00
Surplus over capital 415,404.34
Surplus as regards policy-holders 565,404.34
Gross liabilities $2,889,080.05
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Dec. 81, 1894. . $61,606 J6
Premium notes, loans, or liens received during the
year 6,728.94
Total $57,424.70
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246 Life Insubancb Coicpanies [Dec. 31,
Deductions during the year, as follows: Notes, loans, or
liens used in:
Porohaae of surrendered policies and voided by lapse $644^
Payment of dividends to policy-holders 738^43
Redeemed by maker in cash 6,180^
Total reduction $7,487.58
Balance of note assets Dec. 31, 1895 $49,057.21
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONB IK FOBCB DEC. 31, 1894.
Number, Amammt,
Whole life policies 4,8er7 $6,288,85«.00
Endowment policies 4,099 4,736,678.82
All other policies 24 89,109.00
NEW POLICIES ISSUED DUBIK0 THE YEAB.
Whole life poUcies 626 945,506.00
Endowment policies 607 790,104.00
All other policies 6 19,000.00
OLD POLICIES BEYIVBD.
Whole life policies 8 16,000.00
Endowment policies 12 14,107.00
OLD POLICIES CHANGED AND INCBEASED.
Whole life policies 11 14,000.00
Endowment policies 6 9,690.00
All other policies 1 5,000.00
Total number and amount 9,767 $12,927,140.32
Deduct policies ceased to be in force 964 1,824,854.00
Total in force Dec. 81, 1895 8,783 $11,602,286.32
Numbm". Amount.
Whole life poUdes In force 4,806 $6^16»9Q7.00
Endowment policies In force 4,SS8 6,007,180.82
All other policies In force 94 78,100JI0
Total number and amonnt 8,788 $11,602,S86.82
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1895.] OF Othbb States. 247
TSSMIHATBD AS FOLLOWS:
By death 68 $116,943.00
maturity U 113,809.00
expiry 3 15,000.00
surrender 196 218,993.00
lapse 398 484,604.00
change and decrease 18 81,515.00
Nottaken 207 294,000.00
Total 984 $1^324,854.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1894 282 $316,021.00
Policies issued during year 84 91,648.00
Total ! 366 $407,669.00
Deduct policies ceased to be in force 40 49,489.00
In force in New Hampshire Dec. 31, 1895 J^ $358,180.00
_
Losses incurred and paid during 1895 6 $3,050.48
Premiums collected or secured without deductions $12,576.87
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY.
Habtfobd, Conn.
Ineorponited Jane lu, 1846. Commenced basiness December 15, 1846.
Jacob L. Gbbenb, President, Edwabd M. Bunob, Secretary.
INCOME.
New premlams wlthoat deductions $866,621.97
Benewal premiums without deductions 8,019,668.12
Premiums paid by dividends 1,086,287.99
Premiums paid by surrendered policies 81,777.72
Surrender values applied to purchase paid-up In-
ance annuities 188,188.49
Total premium income $4,681,429.1
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248
Life Insurance Companies
[Dec. 81,
Gash received for interest on :
Mortgage loans
Bonds owned and dividends on stock.
Premium notes, loans, or liens
Other debts due the company
Discount on claims paid in advance
Rents for use of company's property. . .
Profits on securities sold
Premium notes on loans restoi'ed
Other sources
$2,139,879.64
618,729.93
81,059.05
25,005.67
4,506.18
228,325,32
8,306.94
1,201.75
5,962.46
$7,794,406.13
00,846,396.36
Total $68, 140,804. 49
DISBURSEMENTS.
Casb paid for losses and additions $8386,5^.70
Cash paid for matured endowments and additions. . 488,880.00
Total income
Net or ledger assets December 31, 1894.
Gross amount paid for losses and endowments
Premium notes voided by lapse
Cash dividends paid policy-holders
applied on premium notes
applied to pay running premiums
Surrender values paid in cash
applied to pay running premiums
applied to purchase paid-up insurance
and annuities
{Total paid policy-holders $6,282,618.43)
Commissions to agents
Salaries and traveling expenses of agents
Medical examiners' fees
Salaries of officers and office employes
Taxes and fees
Rent
Advertising and printing
Legal expenses
Expenses on real estate
All other items
$4,882,390.70
3,504.00
114,892.74
42,817.20
1,085,237.99
433,750.59
31,777.72
188,138.^
843,584.73
24,510.46
24,510.56
141,612.24
314,688.99
7,185.62
69,852.89
21,709.13
112,205.57
34,399.23
$7,876,788.85
Balance December 31, 1895 $60,764,020.64
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $7,679,481.68
Total disbursements during the year.
Loans on mortgages of real estate (first liens).
30,060,828.53
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1895]
OF Other States.
249
Loans on collateral secnritieB
Preminm notes, loans, or liens on policies in force.
Cash value of stocks and bonds
Gash deposited in banks
Bills receivable
Agents^ ledger balances;
$12,800.00
1,160,956.66
14,077,011.88
1,748,851.67
2,782.60
2,808.77
Total Det or ledger assets, as per balance $60,764,020.64
OTHBB ASSETS.
Interest dne and accrued on:
Mortgages
Stocks and bonds
Collateral loans
Premium notes, loans, or liens
Other assets
Rents due and accrued
Market value of stocks and bonds over cost. . . .
New Bu9ine99,
Premlnms dne and nnreported on poU-
cies In force $12,279.92
Deferred preminms on policies in force 42,051.82
Total $54,881.24
Dednot cost of collection 14,860.44
RenewaU.
$48,080.22
244,286.88
$287,816.60
17,288.00
$89,661.80 $270,077.60
Ket amount of uncollected and deferred premiums. .
$762,476.24
161,008.24
262.08
180,747.42
1,098.86
87,588.90
591,834.17
309,789.40
Total assets as per books of the company $62,759,765.96
ITEMS KOT ADMITTED.
Agents* balances .
Bills receivable. . .
$2,808.77
2,782.50
Total items not admitted
Total admitted assets
5,091.27
$62,754,674.68
LIABILITIES.
Net present value of all outstanding policies, computed
according to the Actuaries* Table of Mortality, with
4 per cent, interest $58,167,562.00
Death losses dne and onpaid
Matured endowments dne and unpaid
Death losses and matured endowments not dae.
Death losses and other policy claims resisted.. . .
Death losses reported, no proofs received
Total policy claims .
$17,418.50
11,478.00
96,182.00
68,006.00
40,186.00
$280,265.50
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250 Life Insubancb Companies [Dec. 31,
Unpaid diyidends of surpliu due policy holders $575,444.08
Premiums paid in advance 89,077.94
Reserve on cancelled policies 80,620.00
Reserve on lapsed policies 240,268.00
Liabilities as to poUcy holders $54,dd9,287JS2
Surplus as regards policy holders 8,415,497.16
Gross liabilities $62,764,674.68
PREMIUM NOTE ACCOUNT.
Premiam notes, loans, or liens on hand December
81, 1884 $I,S68,4U.15
Preminm notes, loans, or liens reoeived during the
year l,aoi.75
Total $1,260,645.90
Deductions during the year, as follows: Notes, loans,
or Uens used in:
Payment of losses and claims 828,800.85
Porohase of snrrendered policies and voided by
lapse 18,688.79
Payment of dividends to policy holders 42,817.80
Redeemed by maker in cash 0,982.90
Total reduction 99,600.24
Balance of note assets December 31, 1896 $1,160,965.66
EXHIBIT OP POLICIES.
POLICIES ASD ADDITIOirS IN FOBOB DECBICBBB 31, 1894.
Number, Amount.
Whole life policies 60,386 $144,476,081.00
Endowment policies 5,643 12,210,840.00
KBW P0LI0IB8 ISSUED DUBINa THE YEAB.
Whole life policies 3,806 9,812,472.00
Endowment policies 622 1,483,788.00
OLD POLICIES BBVIVED.
Whole life policies 47 111,900.00
Endowment policies 2 15,000.00
OLD POLICIES nrCBBASED.
Whole life policies 70,122.00
Endowment policies 25,149.(^
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1895.]
OF Other States.
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CLASSIFICATIOir COBBXCTED.
Endowment policies
$94.00
Total number and amount 70,457 $168,205,396.00
Deduct policies ceased to be in force 8,851 10,168,840.00
Total in force December 81, 1805 66,606 $158,042,066.00
Number, Amount.
Whole Ufe polloies in force eo,fl94 il45,44S,728.00
Bndowment poUcles in force 6,782 12,ne,88S.OO
Total number and unoont
TEBMOTATBD AS FOLLOWS:
By death
maturity
surrender
lapse
change and decrease
Not taken
Correction
06,606 $188,043,066.00
l,^60
$8,016,889.00
248
483,800.00
605
1,548,001.00
1,128
2,502,100.00
1,081,001.00
210
505,875.00
1
04.00
Total ^.. 8,851 $10,168,840.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force December 31, 1894.
Policies issued during year
Total
Deduct policies ceased to be in force
In force in New Hampshire, Dec. 31, 1895.
Losses incurred and paid during 1805
710
46
756
16
6
Premiums collected or secured without deductions.
$1,648,094.81
88,500.00
$1,727,404.81
86,500.00
740 $1,600,004.31
$10,551.00
$20,820.65
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252 Life Iksurance Companies [Dec. 31,
EQUITABLE LIFE ASSURANCE SOCIETY.
New Yobk City.
Incorporated July 36, 1869. Commenced business Joly 28, 18GB.
Hbnbt B. Hyde, PreMent William Albxandsb, Secretary.
Cash Capital, $100,000.00.
IKCOMB.
New premiums without deductions $8JS60,821.S6
Renewal premiums without deductions 29,874,219.78
Premiums paid by dividends 706,094.87
Surrender values applied to purchase paid-up in-
surance and annuities 2,089,448.00
Cash received for annuities 629,181.68
Total 986,901,649.96
Deduct amount paid for re-insurance 966.22
Total premium income $36,200,664.76
Cash received for interest on:
Mortgage loans 1,118,894.48
Bonds owned and dividends on stock 4,521,093.77
Other debts due the company 880,609.51
Rents for use of company's property 1,486,212.22
Profits on bonds or stocks securities sold 78,878.15
Total income $44,206,442.89
Net or ledger assets December 31, 1894 177,360,261.87
Total $221,666,704.28
DISBURSEMENTS.
Cash paid for losses and additions 911,494,282.75
Cash paid for matured endowments and additions. . 720,206.25
Cash paid on instalment policies 6,796.51
Gross amount paid for losses and endowments $12,151,287.51
Cash paid to annuitants 406,612.06
Cash dividends paid policy-holders 1,294,919.86
Cash dividends applied to purchase paid-up additions and
annuities 708,034.87
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1895.]
OF Otheb States.
253
Surrender values paid in cash $2,968,002.87
Surrender values applied to purchase pi^d-up insurance
and annuities 2,089,443.00
( Total paid policv-holders $19,568,299.69)
Gash paid stockholders for interest or dividends 7,000.00
Commissions to agents 8,912,091.29
Salaries and traveling expenses of agents 194,168.74
Medical examiners' fees 257,145.46
Salaries of officers and office employ^ 604,183.79
Taxes and fees 486,247.11
Rent 295,040.67
Commuting commissions 597,855.84
Furniture and fixtures for offices 15,248.24
Advertising and printing 416,874.49
Profit and loss account 78,478.21
Expenses on real estate 757,886.86
Legal expenses 179,751.17
All other items 326,724.47
Total disbursements during the year $27,692,085.48
Balance December 31, 1895 $198,964,618.83
Invested in the following:
ASSETS AS PER LEDGER ACCOUNTS.
Value of real estate unincumbered $40,884,058.80
Loans on mortgages of real estate (first liens) 27,194,562.12
Loans on collateral securities 2,615,500.00
Book value of stocks and bonds 110,487,614.46
Cash in company*s office 1,567,978.66
Cash deposited in banks 10,012,687.76
Commuted commissions 784,605.61
Agents* ledger balances 467,711.42
Total net or ledger assets, as per balance $198,964,618.88
OTHEB ASSETS.
Interest due and accrued $881,268.74
Rents due and accrued 179,802.64
Market value of stocks and bonds over book value 3,093,307.68
New Bu9in«9a, Senewala,
Preminms due and imreported on poli-
cies in force $084,004.00
Deferred premiums on policies in force 238,014.00
$1,2S23M00
2,296,574.00
Total $768,018.00
Deduct cost of collection 160,404.00
$8,648,470.00
709,694.00
$601,614.00 $2,888,776.00
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254 Life Insusaiyce Companies [Dec. 31,
Net amount of nncoUected and deferred premiums $3,440,990.00
Total assets as per books of the company $201,009,387.84
ITEMS NOT ADMITTED.
Agents' balances $407,711.42
Commated oommiBSions 784,605.61
Total items not admitted 1,252,217.08
Total admitted assets $190,757,170.81
LIABILITIES.
Net present yalue of all outstanding policies, computed
according to the actuaries' table of mortality, with 4
per cent interest $158,099,006.00
Death losses dne and unpaid $196,880.00
Matored endowments dne and unpaid 88,818.06
Death losses and matured endowments not due 28,800.00
Death losses and other policy claims resisted 58,725^
Death losses reported, no proofs received 1,121,161.00
Present yalue of unpaid instalments 7,410.18
Total policy claims 1,444,280.11
Unpaid diyidends of surplus due policy-holders 88,567.00
Liabilities as to policy-holders $160,281,802.11
Paid-up capital $100,000.00
Surplus oyer capital 39,425,808.71
Surplus as regards policy-holders 89,525.808.71
Gross liabilities $199,757,17a82
EXHIBIT OP POLICIES.
POLICIES AND ADDITIONS IN FORCE DECEMBBB 31, 1894.
Number. Amouni,
Whole life policies 286,504 $768,671,188.00
Endowment policies 48,149 143,741,737.00
All other policies 2,924 4,646,716.00
Beyersionary additions 6,498,097.00
NEW POLICIES ISSUED DUBING THE YEAB.
Whole life policies 33,744 $98,910,524.00
Endowment policies 8,408 25,850,940.00
All other policies 614 1,503,765.00
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1895.]
OF Other States.
255
OLD P0LICIB8 JUBYIVKD.
Whole Ule policies 1,128 $4,804,670.00
Endowment policies 265 782,160.00
All other policies U 88,000.00
ADDITIONS BY DIVIDBKDS.
Reversionary additions 1,192,681.00
Total number and amount 826,786 $1,046,686,268.00
Deduct policies ceased to be in force 38,267 188,126,710.00
Total in force December 81, 18»5 287,478 $912,609,668.00
Number. Amount.
Whole Ufe poUcies in force 288,800 $7SS,888,a86.00
Endowment policies in force .... 4&,eM 148,887,466.00
All other policies In force 2,998 4,401,181.00
Beyersionary additions In force 6,648,681.00
Total nomber and amount — 287,478 $912,800,668.00
TEBMIKATSD AS FOLLOWS:
By death 8,160 $ll,868,94S.0o
maturity 248 789,072.00
expiry 288 800,372.00
surrender 11,028 88,676,877.00
lapse 16,626 48,084,486.00
Nottaken 7,063 88,071,611.00
Total 88,267 $138,126,710.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force December 81, 1894.
Policies issued during year
Total
Deduct policies ceased to be in force
In force in New Hampshire Dec. 81, 1896
Losses and claims unpaid Dec. 81, 1804
Losses incurred during 1896
Total
Losses and claims paid during 1896
Premiums collected or secured without deductions .
478 $1,282,901.00
60 180,468.00
688 $1,418,360.00
36 86,600.00
603 $1,327,869.00
$240.00
4,226.00
$4,466.00
$4,466.00
$89,180.47
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256 Life Insubange Cokpakies [Dec. 31,
GERMANIA LIFE INSURANCE COMPANY.
New Yobk Citt.
Incorporated April 10, 1860. Commenced boslness July 16, 1800.
Hugo Wbsbndonck, Pretident Hubebt Gillis, Secretary,
Gash Gapital, $200,000.00.
INCOME.
New premiums without dednctlons $886,848^90
Renewal premiums without deductions 2,448,S02.66
Premiums paid by dividends 28,119.97
Surrender values applied to purchase paid-up insur^
anoe and annuities 190,077.66
Cash received for annuities 84,100.64
Total $8,022,646.71
Deduct amount paid for re-insurance 6,617.90
Total premium income , $3,016,128.81
Gash received for interest on:
Mortgage loans 538,879.03
Bonds owned and dividends on stock 257,381.72
Premium notes, loans, or liens 51,828.10
Discount on claims paid in advance 1,622.85
Rents for use of company's property 135,823.05
Surrender values on re-insurance 2,384.00
PoUcy fees 1,891.74
Totalinoome $4,005,939.30
Net or ledger assets Dec. 81, 1894 . 19,226,922.18
Total $23,232,861.48
DISBURSEMENTS.
Cash paid for losses and additions $1,138,168.00
Cash paid for matured endowments and additions. . . 681,040.88
Gross amount paid for losses and endowments $1,660,099.32
Gash paid to annuitants 21,648.39
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1895.] OP Other States. 257
Gash dSyidends paid policy-holders $7,682.55
applied to pay running premiums 119,000.77
applied to purchase paid-up additions and
annuities 23,110.07
Surrender values paid in cash 206,164.71
applied to purchase paid-up insurance
and annuities 100,077.55
(Total paid policy-holders $2,227,842.26)
Gash paid stockholders for interest and dividends 24,000.00
Commissions to agents 301,742.66
Salaries and traveling expenses of agents 101,220.10
Medical examiners' fees 25,005.83
Salaries of officers and office employes 83,775.32
Taxes and fees 30,075.35
Rent 10,665.00
Commuting commissions 2,163.44
Furniture and fixtures for offices 2,683.23
Advertising and printing 15,102.44
Expenses on real estate 37,781.07
All other items 37,681.67
Total disbursements during the year $2,017,728.37
Balance Dec. 31, 1805 $20,315,133.11
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $2,141,405.15
Loans on mortgages of real estate (first liens) 11,354,145.00
Loans on company's policies as collateral 025,724.34
Cost value of stocks and bonds 5,572,414.23
Cash in company's office 2,837.05
Cash deposited in banks 182,011.44
Cash in transit (since received) 135,085.00
Certificate of profit of Atlantic Mutual Insurance Co 520.00
Total net or ledger assets, as per balance $20,315,133.11
OTHER ASSETS.
Interest due and accrued on:
Mortgages $145,702.16
Stocks and bonds 41,502.61
Rents due and accrued 5,016.67
Market value of real estate over cost 44,334.82
Market value of stocks and bonds over cost 182,061.34
17
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258 Life Insurance Companies [Dec. 31,
New
BuaineMM, Benewalg.
Premlnms due and unreported on polioles In
force $84,4«8.M $185,7S0.4S
Deferred premioma on policies In force 41,48040 288,069.96
Total $75,898.82 $428,829.42
Deduct cost of collection 89,844.15 22,251.04
$86,049.47 $401,578.88
Net amount of uncollected and deferred premiums $437,627.85
Total assets as per books of the company $21,172,368.46
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actuaries' Table of Mor-
taUty, with 4 per cent, interest |19,088,6384X>
Deduct net value of re-insured risks 23,885.00
Net re-insurance reserve $19,015,268.00
Death losses due and unpaid $1,225J0
Matured endowments due and unpaid 4,967.20
Death losses and matured endowments not due 61,680.11
Death losses and other policy claims resisted 58,686.87
Death losses reported, no proofs received 66,585.21
Due and unpaid on annuity claims 1,125.00
Total policy claims 194,110,28
Unpaid dividends of surplus due policy holders- 54,353.67
Premiums paid in advance 1,976.37
Reserve on canceled policies 9,975.96
Extra reserve for lapsed, war, and other policies « 64,534.68
Liabilities as to policy-holders $19,340,218.96
Paid-up capital $2rX),000.00
Surplus over capital 1,632,149.50
Surplus as regards policy-holders 1,832,149.50
Gross liabilities * $21,172,368.46
EXHIBIT OF POLICIES.
POLICIBS AKD ADDITIONS IK FOBCK DECEMBER 31, 1894.
Number. Amount.
Whole life policies 14,772 $29,604,026.00
Endowment policies 25,044 37,977,662.00
All other policies 196 657,696.00
Reversionary additions 759,413.00
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1895.] OF Other States. 259
irSW POLIOIS8 ISSUED DUBING THE TEAB.
Whole life policies 1,968 •4,242,747.00
Endowment policies 3,646 4,840,768.00
All other poUcies 16 88,826.00
OLD POLIOnCS BETIYED.
Whole life policies 9 24,449.00
Endowment policies 12 18,573.00
ADDITIONS BY DIVIDENDS. }
Reversionary additions 32,552.00
Total number and amount 45,662 $78,091,212.00
Deduct policies ceased -to be in force 4,890 9,065,550.00
Total in force Dec. 31, 1895 40,772 $69,025,662.00
Number. Amount.
Whole life policies in force 14,667 $29,043,183.00
Endowment policies in force 25,408 88,817,842.00
All other policies in force 162 489,615.00
Beverslonary additions in force 729,672.00
Total number and amount 40,772 $60,025,662.00
TERMINATED AS FOLLOWS.*
By death
maturity
expiry
surrender
lapse
chanf^e and decrease .
Not tAken
609
$1,153,512.00
379
514,585.00
75
149,885.00
947
1,699,922.00
2,015
8,846,089.00
328,765.00
865
1,878,842,00
Total 4,890 $9,065,550.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1894
Policies issued during year 4 $4,000.00
In force Dec. 31, 1895 4 $4,000.00
Premiums collected or secured without deductions $112.90
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260
Life Insubanoe Companies
[Dec. 81,
MANHATTAN LIFE INSURANCE COMPANY.
New Yobk Citt.
Incorporated 1880. Conunenoed baoinesa Angast 1, 18S0.
Henry B. Stokes, Pretident. Williau C. Fbazee, Secretcarff.
Cash Capital, $100,000.00.
INCOME.
New premiums withont dedactiona
Renewal premlama without deductions
Premiums received for renewals
Premiums paid by dividends
Surrender values applied to purchase paid-up in-
surance and annuities
Cash received for annuities
Total
Deduct amount paid for re-insurance .
$2B2,648.M
1,579,064.15
00,«88.08
1,972.97
96,586.20
74.079.40
$2,094,929.89
11,186.76
Total premium income
Cash received for interest on:
Mortgage loans
Bonds owned and dividends on stock. . .
Premium notes, loans, or liens
Other debts due the company
Rents for use of company's property
Profits on securities sold
Surrender values on re-insurance
Premiums restored by revival of policies.
Total income
Net or ledger assets Dec. 81, 1895.
Total
$2,068,792.63
191,687.89
158,870.37
45,666.22
70,062.15
200,195.99
22,954.86
941.49
1,464.77
$2,775,684.86
18,004,426.86
$15,780,061.22
DISBURSEMENTS.
Cash paid for losses and additions 91,160,204.65
Cash paid for matured endowments and additions 105,716.00
Gross amount paid for losses and endowments $1,265,920.66
Cash paid to annuitants 5,089.59
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1895.] OF Other States. 261
Premium notes voided by lapse $9,517.69
Cash dividends paid policy-holders 9,238.78
applied to pay running premiums 90,688.03
applied to purchase paid-up additions
and annuities 1,972.97
Surrender values paid in cash 145,161.18
applied to purchase paid-up insurance
and annuities 96,586.20
{Total paid policy-holders $1,624,175.09)
Cash paid stockholders for interest or dividends 16,000.00
Commissions to agents 280,382.55
Salaries and travelling expenses of agents 76,040.28
Medical examiners' fees 45,590.02
Salaries of officers and office employes 93,721.65
Taxes and fees 54,930. 1 1
Bent 71,939.76
Furniture and fixtures for offices 2,736.21
Advertising and printing 32,554.28
Legal expenses 13,714.64
Expenses on real estate 59,289.32
All other items 26,091.78
Total disbursements during the year $2,397,165.64
Balance Dec. 31, 1895 $13,382,895.58
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $3,558,596.23
Loans on mortgages of real estate (fifst liens) 3,560,099.00
Loans on collateral securities 1,216,412.50
Loans on company^ s policies as collateral 224,144.16
Premium notes, loans, or liens on policies in force 557,017.37
Cost value of stocks and bonds 4,012,212.69
Cash in company's office 18,808.90
Cash deposited in banks 235,604.73
Total net or ledger assets, as per balance $13,382,895.58
OTHSB ASSETS.
Interest due and accrued on:
Mortgages $82,783.68
Stocks and bonds 2,687.50
Collateral loans 7,212.31
Premium notes, loans, or liens 13,415.99
Other assets 7,007.50
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262 Life Insurance Companies [Dec. 31,
Rents due and accrued $9,946.66
Market value of real estate over cost 323,009.77
Market value of stocks and bonds over cost 128,706.81
New BuHnes; BenewaU.
Premlams doe and unreported on poll-
ciea In force $68,389.20 il02,984Jt6
Dedact premiums on policies in force.. 11,607.00 119,427.00
Total $79,846.90 $222,411.85
Deduct cost of collection 48,915.41 16,680.85
$86»980.70 t206,7a0.fi0
Net amount of uncollected and deferred premiums 241,661.29
Agents' balances 129,021.61
Commuted commissions 156,798.62
Total assets as per books of the company $14,4^,441.32
ITEMS NOT ADMITTED.
Agents' balances $129,021.61
Commoted commissions 166,798.62
Totalitems not admitted 285,820.23
Total admitted assets $14,199,621.09
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actuaries' Table of Mor-
tality, with 4 per cent interest $18,118,182.00
Deduct net value of re-insured risks 5,766.00
Net re-insurance reserve $13,107,367.00
Death losses due and unpaid $125,686.64
Death losses and other policy claims resisted 70,795.00
Death losses reported, no proofs received 60,411.00
Total policy claims $256,842.64
Unpaid dividends of surplus due policy-holders 92,449.49
Premiums paid in advance 19,099.80
Commissions due agents on premium notes 4,775.00
All other liabilities 12,161.00
Liabilities as to policy holders $18,432,694.99
Paid up capital $100,000.00
Surplus over capital 666,926.16
Surplus as regards policy holders 766,926.16
Gross liabilities $14,199,621.09
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1895.] OF Other States. 263
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Deo. 81, 1894 $088,670.12
Premlom notes, loans, or liens reoeived during the
year 87,066.70
Total TT7 $649,726.82
Deductions daring the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims $27,026.94
Purchase of surrendered policies and voided by
lapse 28,606.27
Payment of divld ends to policy holders 2,848.78
Bedeemed by maker in cash 88,887.61
Total reduction ^ 92,709.45
Balance of note assets Dec. 31, 1896 $557,017.87
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FORCE DECEMBEB 31, 1894.
Number. Amount.
Whole life policies 21,191 $50,661,078.00
Endowment policies 2,551 6,368,621.00
All other policies 1,400 4,535,994.27
Reyersionary additions 52,987.00
NEW POLICIES ISSUED DUBINO THE TEAB.
Whole life policies 5,085 11,960,258.00
Endowment policies 200 516,702.00
All other policies 259 1,089,952.46
OLD POLICIES BEVIYED.
Whole life policies 45 178,728.09
Endowment policies 7 18,900.00
All other policies 7 24,602.40
OLD POLICIES INCBEASED.
All other policies 91,682.21
ADDITIONS BY DIVIDENDS.
Reversionary additions 3,351.00
Total number and amount 30,695 $75,502,851.33
Deduct policies ceased to be in force 4,879 13,890,676.96
Total in force Dec. 31, 1895 25,816 $61,612,174.37
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264
Life Iksukakce Companies
[Dec. 31,
Number. Anumnt,
Whole life poUoie* in force 23,049 $61»ltt,7264»
Bndowment policies in force 3,4S5 6,970406.00
AU other poUcies in force l^MS 4,806,298^
Seyersionary additiona in force 60,860.00
Total number and amount.. . . . 86,816 $61,61S,174J7
TBBICINATBD AS FOLLOWS:
By death 459 $1,109,412.90
maturity 56 105,716.00
expiry 87,957.00
surrender 314 659,203.94
lapse .^. 2,250 5,689,926.58
change and decrease .*! 138 1,399,242.54
Not taken 1,662 4.829,2ia00
Total 4,879 $13,890,676.98
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1894
Policies issued during the year .
Total
Deduct policies ceased to be in force.
In force in New Hampshire, Dec. 31, 1895.
Losses incurred and paid during 1895
64
Premiums collected or secured without deductions.
$116,705.00
1,000.00
$117,705.00
9,100.00
$106,605.00
$3,700.00
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1895.] OP Other States. 265
MASSACHUSETTS MUTUAL LIFE INSURANCE
COMPANY.
Spbingfield, Mass.
Incorporated Hay 1, 1861. Commenced basiness Aagnst 1, 1861.
John A. Haxl, PreHdent Henbt M. Phii«lips, Secretary,
INCOME.
New premiama withoat dedaotiona $022,740.10
Renewal premiums without dedactlona 2,488,246.81
Premlama received for renewals 812,896.66
Premiums paid by dividends 42,104.80
Surrender values applied to purchase paid-up in-
surance : 6,790.00
Total $8,866,277.86
Deduct amount paid for re-lnsnranoe 41,266.68
Total premium income $3,325,012.28
Cash received for interest on:
Mortgage and collateral loans 390,605.76
Bonds owned and dividends on stock 282,497.41
Premium notes, loans, or liens 37,720.18
Other debts due the company 2,761.89
Discount on claims paid in advance 250.57
Bents for use of company's property 19,135.29
From other sources 2,858.40
Surrender values on re-insurances 8,370.22
Premium notes or liens restored 5,242.36
Total income $4,074,444.36
Net or ledger assets December 31, 1894 14,590,262.72
Total $18,664,707.08
DISBUBSEMENTS.
Cash paid for losses and additions $969,941.60
Cash paid for matured endowments and additions. . 121,988.00
Claims on instalment policies 2,560.00
Gross amount paid for losses and endowments $ 1,004,429 JS9
Received for losses or claims on policies re-insured 12,160.00
Net amount paid for losses and endowments $1,082,279.59
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266
Life Insukancb Com? anies
[Dec. 81,
Premium notes or loans used in purchase of surrendered
policies and voided by lapse
Premium notes or loans used in payments of dividends . .
Cash dividends paid policy-holders
applied to pay running premiums
applied to purchase paid-up additions. . . .
Surrender values paid in cash
applied to purchase paid-up insurance. .
{Total paid policy-holders $1,890,336.62)
Commissions to aji^ents
Salaries and traveling expenses of agents
Medical examiners* fees
Salaries of officers and office employes
Taxes and fees
Rent
Furniture and fixtures for office
Advertising and printing
Protit and loss account
Legal expenses
Expenses on real estate
All other items
$67,747.30
66,55a84
19,046.27
315,039.14
42,104.80
290,796.41
6,773.17
443,133.02
79,958.41
39,995.60
98.437.19
59,509.76
28,661.83
3,735.10
49,872.18
15,294.01
2,580.98
14,827.96
30,838.68
Total disbursements during the year $2,757,181.14
Balance Dec. 31, 1895 $15,907,525.91
Invested in the following:
ASSETS AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered
Loans on mortgages of real estate (first liens)
Loans on collateral securities
Loans on company's policies as collateral
Premium notes, loans, or liens on policies in force
Cost value of stocks and bonds
Cash in company's office
Cash deposited in banks
Total net or ledger assets, as per balance
OTHER ASSETS.
Interest due and accrued on:
Mortgages
Stocks and bonds
Collateral loans
Premium notes, loans, or liens
Other assets
Rents due and accrued
Market value of stocks and bonds over cost. .
$503,661.53
5,615,171.96
705,910.00
977,321.00
676,276.50
6,811,421.06
1,208.74
616,655.15
$15,907,525.94
$158,641.27
86,985.19
10,944.27
20,288.80
18,40a38
3,077.37
277,844.26
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1895.] OF Other States. 267
New BtL9ine$$. BenewaU,
Premiams due and unreported on policies
inforce $104,880.45 $]21,87&88
Deferred premiums on policies in force. . . 04,400.16 881,876.84
Total $196,780.61 $458,260.17
Deduct cost of coUectlon 88,746.12 90,650.04
$168,984.49 $862,600.18
Net amount of uncollected and deferred premiums $521,584.62
Total assets as per books of the company $17,005,291.55
LIABILITIES.
Net present value of all outstanding policies, computed
according to the Actuaries* Table of Mortality, with 4
per cent, interest $15,536,611.00
Death losses and matured endowments in process of
adjustment $60,555.76
Death losses and other policy claims resisted 8,000.00
Claims on instalment policies 19,264.78
Total policy claims 82,820.54
Unpaid dividends of surplus due policy-holders 112,077.00
Premiums paid in advance 6,643.94
Liabilities as to policy-holders $15,738,152.48
Surplus as regards policy-holders 1,267,189.07
Gross liabilities $17,005,291.55
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Dec. 81, 1884. . $667,417.68
Premium notes, loans, or liens received during the
year 198,285.12
Premium notes, loans, or liens restored by revival of
policies 5,242.86
Total ~..... $855,94.5.11
Deductions during the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims $21,287.87
Purchase of surrendered policies 67,747.80
Payment of dividends to policy-holders 66,560.84
Redeemed by maker in cash 17,890.88
Total reduction 172,925.89
Balance of note assets Dec. 81, 1895 $683,019.22
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268
Life Insurance Companies
[Dec. 81,
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FOBCB DECEMBER
Whole life policies
Endowment policies . . .
All other policies
Reyersionary additions .
NEW POLICIES ISSUED DURING THE TSAR.
Whole life policies . .
Endowment policies
All other policies'. . .
OLD POLICIES REVIVED.
Whole life policies...
Endowment policies
OLD POLICIES INCREASED.
Whole life policies. . .
Endowment policies.
All other policies
ADDITIONS BT DIVIDENDS.
Reyersionary additions
Total number and amount
Deduct policies ceased to be in force.
Total In force Dec. 31, 1895.
31, 1894.
Number
29,427
4,468
499
Amount.
$77,990,528.00
10,885,228.00
1,229,549.00
271,975.00
7,866
640
134
19,228,250.00
1,305,250.00
427,500.00
43
4
150,250.00
7,075.00
102,044.00
7,560.00
2,500.00
91,778.00
43,081 $111,199,482.00
6,178 14,127,821.00
37,903
$97,071,661.00
Number. Amount.
Whole life policies in force 82,729 $S«,901»082.00
Endowment policies in force 4,878 10,688,280.00
All other policies in force 60t 1,294,779.00
Reyersionary additions in foroe 842,670.00
Total number and amoont 87,908 $97,071.881.00
TERMINATED AS FOLLOWS.*
By death 347
maturity 70
expiry 40
surrender 1,105
lapse 1,817
change and decrease
Kot taken 1,799
$949,070.00
121,611.00
77,600.00
2,940,727.00
8,804,400.00
1,331,663.00
4,902,850.00
Total 6,178 $14,127,821.00
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1895.] OF Other States. 269
BUSINESS IN NEW HAMPSHIRE.
PolicicB in force Dec. 81, 1894 2,405 $4,213,727.00
PolicieB issued during year 264 419,000.00
Total 2,669 $4,682,727.00
Deduct policies ceased to be in force 170 822,482.00
In force in New Hampshire Dec. 81, 1895 2,499 $4,310,245.00
Losses incurred during 1895 44 $72,719.00
Losses and claims paid during 1895 40 $65,219.00
Premiums collected or secured without deductions:
Cash, $105,185.97; notes or credits, $4,861.28 $109,547.20
METROPOLITAN LIFE INSURANCE COMPANY.
New Yobk Citt.
Incorporated Jane, isas. Commenced basiness January, 1867.
JoHST R. Hegemait, President Gbobge B. Woodwabd, Secretary.
Cash Capital, $2,000,000.00.
INCOME.
New premlnma without deductlona $2,608,840.74
Renewal premiums without deductions 16,828,181.84
Total $18,887,022.68
Deduct amount paid for re-insurance 104.30
Total premium income $18,386,918.28
Cash received for interest on:
Mortgage loans 460,549.46
Bonds owned and diyidends on stock 256,459.28
Premium notes, loans, or liens 3,488.78
Other debts due the company. 9,919.80
Discount on claims paid in advance 11,941.57
Rents for use of company's property 255,323.84
Income from other sources 43,062.81
Total income $19,886,613,82
Net or ledger assets Dec. 31, 1894 21,051,989.80
Total $40,438,603.62
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270 Life Insurance Companies [Dec. 31,
DISBURSEMENTS.
Caah paid for losses and additions $6,580,880.84
Cash paid for matured endowments and additions 1,000.00
Gross amount paid for losses and endowments $6,681,389.84
Premium notes voided by lapse 347.87
Dividends paid policy-holders 48,053.75
Surrender values paid in cash 156,445.23
( Total paid policy-holders $6,781,836.69)
Cash paid stockholders for interest or dividends 140,000.00
Commissions to agents 2,890,006.85
Salaries and travelling expenses of agents 2,187,778.68
Medical examiners^ fees 500,248.54
Salaries of officers and office employes 820,069.77
Taxes and fees 200,659.07
Rent 118,424.32
Commuting commissions 1,338,635.96
Furniture and fixtures for offices 24,069.65
Advertising and printing 207,472.67
Profit and loss account 7,936.66
Expenses on real estate 56,987.50
Legal expenses 86,593.01
All other items 223,783.13
Total disbursements during the year $16,684,522.43
Balance Dec. 31, 1895 $24,854,081.19
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $7,270,284.50
Loans on mortgages of real estate (first liens) 10,601,268.00
Loans on company* s policies as collateral 12,016.23
Premium notes, loans, or liens on policies in force 48,950.91
Cost value of stocks and bonds 6,607,376.64
Cash in company's office 14,858.96
Cash deposited in banks 399,338.22
Agents' ledger balances 32.33
Total net or ledger assets, as per balance $24,864,163.81
Deduct agents' credit balances 72.62
Total net or ledger assets $24,854,081.19
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $158,314.21
Stocks and bonds 86,906.60
Collateral loans 637.66
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1895.] OF Other States. 271
BentB dae and accrued $9,186.01
Market value of real estate over cost 94,816.87
Total nncollected and deferred premiama $MS^il.79
Deduct cost of colleotion 167,865.08
Net amount of uncollected and deferred premiums 495,476.71
Total assets as per books of the company $25,697,909.26
ITE1C8 NOT ADMITTED.
Agents* balances $82.88
Depreciation from cost of real estate 106,878.14
Total items not admitted. . 105,905.47
Total admitted assets $25,592,003.78
LIABILITIES.
Net present value of all outstanding policies, computed
according to the Actuaries' Table of Mortality, with 4
per cent, interest $19,105,982.00
Total policy claims 131,007.79
Unpaid dividends of surplus due policy-holders 24,596.22
Premiums paid in advance 2,482.29
Agents* deposits in lieu of bonds 70,025.20
Special reserve 1,681,253.00
All other liabilities 99,626.57
Liabilities as to policy-holders $21,114,978.07
Paid-up capital $2,000,000.00
Surplus over capital 2,477,030.71
Surplus as regards policy-holders 4,477,'030.71
Gross Uabilities $25,592,008.78
PREMIUM NOTE ACCOUNT.
Preminm notes, loans, or liens on hand Dec. 81, 1894 $81,067.48
Preminm notes, loans, or liens received daring the
year 619.02
Total $81,606.50
Deductions during the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims 1808.86
Parchase of surrendered policies and voided by
lapse 7,162.88
Payment of dividends to policy-holders 26,188.86
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272
Life Insurance Companies
[Dec. 31,
Total reduction
Balance of note assets Dec. 31, 1895
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FOBCB DSC. 31, 1894.
Number.
Whole life policies 12,887
Endowment policies 2,495
All other policies 302
Industrial policies 3,559,105
NEW POLICIES ISSUED DUBIN6 THE TEAB.
Whole life policies 12,408
Endowment policies 3,092
All other policies 72
Industrial policies 1,389,243
$32,655.59
$48,050.91
Total number and amount 4,979,724
Deduct policies ceased to be in force 1,497,625
Amount.
$14,418,991.00
2,935,208.00
506,997.00
423,514,171.00
13,764,212.00
3,577,830.00
480,500.00
175,905,407.00
$685,103,316.00
192,470,408.00
Total in force Dec. 31, 1895 3,482,099 $442,632,913.00
Number. Amount.
Whole life policies in force. . . 18,764 $90,844327.00
Eiidowmenti>olicie8 in force.. 4,108 4,066,888.00
All other poUcies in force 206 700,564.00
Industrial policies 8,468.846 416,062,194.00
Total nnmber and amount 8,482,009 $442,682,918.00
TERMINATED AS FOLLOWS*.
By death
maturity
expiry
surrender
lapse 1,421,730
change and decrease
Not taken. ;
64,794
6,580,390.00
1
1,000.00
8
6,943.00
10,613
1,926,072.00
121,730
183,284,998.00
176
251,500.00
303
419,500.00
Total 1,497,625 $192,470,403.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1894
Policies issued during year. . ..
119
106
Total
Deduct policies ceased to be in force.
55
In force in New Hampshire Dec. 31, 1895..
170
$140,000.00
113,000.00
$253,000.00
65,000.00
$188,000.00
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8
871
$216.94
50,040.43
879
$50,256.87
868
$48,215.62
>n8 $189,818.51
1895.] OF Other States. 273
Lossea and olaims unpaid Dec. 81, 1894
Losaes incurred during 1895
Total
Losaes and claims paid during 1895
Premiums collected or secured without deductions.
BUSINESS IN NEW HAMPSHIRE.
(nmUBTBIAL.)
Policies in force Dec. 81, 1894 19,876 $2,365,096.00
Policies issued during year 9,297 1,179,677.00
Total 29,178 $8,544,773.00
Deduct policies ceased to be in force 10,786 1,880,450.00
In force in New Hampshire Dec. 81, 1895. . 18,887 $2,214,828.00
MUTUAL BENEFIT LIFE INSURANCE COMPANY.
NXWABK, N. J.
Incorporated January 81, 1845. Commenced basiness April, 1846.
Amzi Dodd, President. Edwabd L. Dobbinb, Secretary.
INCOME.
New preminms without deductions $940,991.05
Renewal premiums without deductions 5,188,429 JM
Premiums received for renewals 1,087,869.66
Premiums paid by surrendered policies 10,061.96
Diyidends applied to purchase paid-up additions
and annuities 246,969.08
Surrender values applied to purchase paid-up Insur-
ance and annuities 848,090.27
Cash received for annuities 82,448Jn
Total premium income $7,804,824.86
18
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274
Life Iksubance Companies
[Dec, 31,
Cash received for interest on:
Mortgage loans $1,663,490.71
Bonds owned and dividends on stock 662,^1.25
Premium notes, loans, or liens 256,906.20
Other debts due the company 225,565.71
Discount on claims paid in advance 180.02
Bents for use of company's property 74,687.06
Profits on real estate and securities sold 40,347.51
Premium notes, loans, or liens restored 14,546.10
Total income $10,642,270.44
Ket or ledger assets Dec. 31, 1804 53,746,243.96
Total $64,3^,513.80
DISBUBSEMENTS.
Cash paid for losses and additions $8,800,781.41
Cash paid for matared endowments and additions. 248,916.00
Gross amount paid for losses and endowments $4,040,677.41
Cash paid to annuitants 37,038.52
Premium notes voided by lapse 32,360.82
Cash dividends paid policy-holders 248,121.40
applied to pay running premiums 1,037,350.66
applied to purchase paid-up additions
and annuities 246,050.08
Surrender values paid in cash 864,757.47
applied to pay running premiums 10,051.06
applied to purchase paid-up insurance
and annuities 343,090.27
{Total paid policy-holders $6,864,416.68)
Commissions to agents 801,035.31
Salaries and traveling expenses of agents 29,034.45
Medical examiners^ fees 90,880.96
Salaries of officers and office employes 175,780.13
Taxes and fees 246,077.24
Advertising and printing 57,682.38
Legal expenses 12,548.60
Expenses on real estate 32,123.47
All other items 142,636.80
Total disbursements during the year $8,453,125.20
Balance Dec. 31, 1805 $55,935,388.60
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1895.] OF Other States. 275
Inyested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $1,821,678.73
Loans on mortgages of real estate (first liens) 32,074,240.21
Loans on collateral securities 2,273,500.00
Loans on company U policies as collateral ' 2,822,766.52
Premium notes, loans, or liens on policies in force 4,406,146.15
Par value of stocks and bonds 11,062,019.60
Cash in company's office 9,107.23
Cash deposited in banks 571,199.42
Agents' ledger balances 9,526.76
Total net or ledger assets, as per balance $55,940,184.62
Deduct agents' credit balances 4,796.02
Total net or ledger assets $55,935,388.60
OTHBB ASSETS.
Interest due and accrued on:
Mortgages $813,725.39
Stocks and bonds 160,782.88
Collateral loans 69,718.27
Premium notes, loans, or liens 121,169.02
Market value of stocks and bonds oyer par 436,269.73
New
Bu9in»88. BenewaU.
Premloma due and imreported on policies
in force $88,981.41 $247,160.29
Deferred premlnins on policies in force.. 88,184.M 466,880.68
Total $177,066.95 $708,680.87
Deduct 79,679.68 48,247.16
$97,886.27 $654,288.71
Net amount of uncollected and deferred premiums 751,669.98
Total assets as per books of the company $58,278,723.82
ITEMS KOT ADMITTED.
Agents' balances 9,526.76
Total admitted assets $58,269,197.06
LIABILITIES.
Net present value of all outstanding policies, computed
according to the Actuaries' Table of Mortality, with 4
per cent interest $53,523,328.00
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276 Life Insubakob Companies [Dec. 31,
Matured endowments onpaid ^21/174.00
Death losses and matared endowments not dne 906,207 JK
Death losses and other policy claims resisted 5,0004)0
Death losses reported , no proofs entered 50,000.00
Total policy claims $282,881.88
Unpaid dividends of surplus due policy-holders 354,002.30
Premiums paid in advance 12,060.86
All other liabiliUes 20,000.00
Liabilities as to policy-holders $54,102,391.54
Surplus as regards policy-holders 4,076,805.52
Gross liabiUtles $58,209,197.06
PREMIUM NOTE ACCOUNT.
Preminm notes, loans, or liens on hand Dec. 81, 18M t4,M8,0Q0.19
Premium notes, loans, or liens received daring the
year 612,840.47
Premium notes, loans, or liens restored by revival
of policies 14,648.10
Total $4,970,404.76
Deductions during the year as follows: Notes, loans, or
liens used in:
Paymentof losses and claims $141,588.84
Parohase of surrendered policies and voided by
lapse 234,850.86
Payment of dividends to policy-holders 10,666.42
Redeemed by maker in cash 187,468.00
Total reduction 5©4,258.61
Balance of note assets Deo. 31, 1895 $4,406,146.15
EXHIBIT OF POLICIES.
POLICISB AND ADDmOSTB IN FOBCB DECBMBEB 31, 1894.
Number. Amount.
Whole life policies 57,939 $152,175,047.00
Endowment policies 17,902 42,707,750.00
All other policies 4,908 12,398,300.00
Reversionary additions 1,718,711.00
NEW POLICIBS ISSUED DUBINa THE TEAS.
Whole life policies 9,188 22,301,407.00
Endowment policies 2,169 5,599,742.00
All other policies 1,511 3,702,761.00
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1895.] OF Other States.
OLD POLICIES REVIVED.
Whole life policies 46
Endowment policies 85
OLD POLICIES IKCBEASED.
Whole life policies 16
Endowment policies 32
ADDITIOKS BY DIVIDEimS.
Reyersionary additions
Total number and amount 94,190
Deduct policies ceased to be in force 9,274
Total in force Dec. 81, 1896 84,916
NumheT'. AfMtunt,
Whole life poUcies in force 60,S67 f 150,060.968.00
Endowment policies in force 18,716 44,888,948.00
All other policies in force 6,248 12,782,778.00
Reversionary additions in force 2,006,860.00
Total nomber and amount 84,016 $218,274,618.00
TERMINATED AS FOLLOWS:
By death 1,188
maturity 126
expiry 981
surrender 8,126
lapse 2,164
Not taken 1,754
Total 9,274
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1894 848
Policies issued during year 22
Total 866
Deduct policies ceased to be in force 20
In force in New Hampshire Dec. 31, 1895 846
Losses and claims unpaid Dec. 81, 1894 8
Losses incurred during 1896 7
Total 10
Losses and claims paid during 1896 10
Premiums collected or secured without deductions
277
$171,400.00
89,000.00
48,809.00
81,688.00
499,489.00
$241,493,460.00
28,218,942.00
$218,274,518.00
$8,886,686.00
240,821.00
2,685,679.00
7,875,206.00
4,624,712.00
4,066,489.00
$28,218,942.00
$668,788.00
66,067.00
$624,856.00
29,285.00
$696,620.00
$8,800.00
12,785.00
$16,686.00
$16,586.00
$16,898.20
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278 Life Insurance Companies [Dec. 31,
ft
MUTUAL LIFE INSURANCE COMPANY.
New Yobk Citt.
Inoorporated April, 1M2. Commenced bastnesB Febraarj 1, IMS.
RiCHABD A. McCuRDT, President, William J. Saston, Secretary,
INCOME.
New premiomB without deductions 98,522,979.47
Renewal of premiums without deductions 28,0703174(1
Premiums paid by surrendered policies 806,096.20
Dividends applied to purchase paid-up additions 1,047,867 J8
Surrender values applied to purchase paid-up in-
surance 24(16,447.00
Cash received for annuities 1,6684M0.22
Total $884»3,000.87
Deduct amount paid for re-insurance 9,1084)2
Total premium income $38,524,866.85
Cash received for interest on:
Mortgage loans 8,603,004.05
Bonds owned and dividends on stock 4,403,666.99
Other debts due the company 728,771.55
Rents for use of company's property 882,107.91
Profits on securities sold 274,033.16
Total income $48,507,430.51
Net or ledger assets Dec. 31, 1894 103,028,038.49
Total $242,526,469.00
DISBURSEMENTS.
Cash paid for losses and additions $13,289,1644M
Cash paid for matured endowments and additions 2,184,119.26
Gross amount paid for losses and endowments $14,373,283.59
Cash paid to annuitants 473,962.29
Cash dividends applied to purchase paid-up additions. . . 1,047,867.38
Surrender values paid in cash 2,020,060.00
applied to pay running premiums 886,608.29
applied to purchase paid-up insurance 2,516,447.00
{Total paid policy holdere $23,126,728.45)
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1895.] OF Other States. 279
Commissions to ascents $6,102,809.17
Salaries and trayeling expenses of agents 906,829.75
Medical examiners* fees 411,868.91
Salaries of officers and office employes 587,645.06
Taxes and fees. 501,266.49
Rent 175,000.00
Adveriiising and printing 888,889.60
Legal expenses 249,088.76
Expenses and losses on real estate 818,420.90
Expense of examination by New York Ins. Dept 49,088.21
All other items 265,865.28
Total disbursements daring the year $88,527,890.52
Balance Dec. 81, 1895 $208,997,578.48
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost \ralae of real estate unincumbered $22,187,964.28
Loans on mortgages of real estate (first liens) 67,649,248.28
Loans on collateral securities 10,276,525.00
Cost value of stocks and bonds. 95,797,723.82
Cash in company^s office 15,281.95
Cash deposited in banks 11,995,192.43
Agents* ledger balances 431,548.52
Commuted commissions 185,452.90
Suspense account 508,626.80
Total net or ledger assets, as per balance $208,997,578.48
OTHSB ASSETS.
Interest due and accrued on:
Mortgages $999,958.36
Stocks and bonds 840,751.50
Other assets 7,727.25
Rents due and accrued 96,675.73
Market value of stocks and bonds over cost 6,467,408.34
New BuHn^M. Benmtal:
Premlams due and unreported on poll-
cieslnforce $82,041.78 •1,688,802.89
Deferred preminiDS on policies in force 188,480.26 1,906,687.86
Total •170,681.96
Dednct cost of collection 119,872.89 264,667.62
•61,169J» •8,264,288.72
Net amount of uncollected and deferred premiums $3,315,392.31
Uncollected payments on annuities 104,194.45
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280 LiFB Insurance Coitpanies [Dec. 81,
ITEMB NOT ADMnTBD.
Agento* balances $4S1,548J8
Commated commlssionB 183,462JI0
Saspense aocoont 608,896^
Total items not admitted ~ $1,125,«28.22
Total admitted assets $219,704,068.20
LIABILITIES.
Net present ralne of all outstanding policies, com-
puted according to the Actuaries' Table of Mor-
tality, with 4 per cent, interest fm,»7,a80.oo
Deduct net value of re-insured risks 861.00
Net re-insurance reserve $101,386,489.00
Matured endowments due and unpaid $101,480^1
Death losses and matured endowments not due. . . . 682,854.04
Death losses and other policy claima resisted 817,710.80
Due and unpaid on annuity claims 80,018.10
Total policy claims I,084,5(n.l5
Premiums paid in advance 808,587.41
Liability under non-forfeiture clause 149,412.00
Liabilities as to policy holders $192,824,005.50
Surplus as regards policy-holders 26,870,046.64
Gross liabilities $219,704,062.20
EXHIBIT OF POLICIES.
POLIGIEB Ain> ADDITIONS IN FOBCE DECEMBEB 81, 1894.
Number. Amount.
Whole life policies 284,608 $666,122,665.00
Endowment policies 57,166 144,025,761.00
All other policies 340 1,688,082.00
Reversionary additions 26,148,283.00
NEW POLICIES ISSUED DT7BING THE TEAS.
Whole life policies 45,626 122,558,793.00
Endowment policies 10,060 21,064,081.00
All other poUcies 878 981,452.00
Reversionary additions 2,996,741.00
OLD POLICIES REVIYED.
Whole life policies 2,448 5,994,010.00
Endowment policies 538 1,131,564.00
All other policies 14 101,207.00
Reversionary additions 80,827.00
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1895.]
OF Other States.
281
OLD POLICIEB nrCBBASED.
Whole life policies
Endowment policies
All other policies
Reyenionary additions .
4
1
$1,028,767.00
741,814.00
7,524.00
59.00
OLD POLICIES CHANOED.
Whole life policies.
258
880,108.00
Total number and amount 851,511 $905,200,828.00
Deduct policies ceased to be in force 87,487 06,881,066.00
Total in force Dec. 31, 1805 314,024 $806,458,857.00
Number, Amount,
Whole life policies In force 2684M $721,988,086.00
Endowment polloies in force 60,661 160,660,806.00
All other policies in force 207 1,267,818.00
fieverslonary additions in force 94,806,461.00
Total number and amount.... 814,024 $896,458,867.00
TERMINATED AS FOLLOWS:
By death 8,628 $12,877,658.00
maturity 804 2,175,012.00
expiry 278 680,010.00
surrender 11,201 80,858,488.00
lapse 21,327 48,068,858.00
change and decrease 254 8,181,545.00
Total 37,487 $06,831,066.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1804 8,068
Policies issued during the year 578
Total
Deduct policies ceased to be in force ,
In force in New Hampshire Dec. 81, 1805. ,
Losses incurred and paid during 1805
4,541
285
4,256
60
Premiums collected or secured without deductions.
$7,065,856.00
882,561.00
$7,807,017.00
864,206.00
$7,588,610.00
$78,066.60
$277,306.44
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282 Life Insurance Companies Dec. 81,
NATIONAL LIFE INSURANCE COMPANY.
MONTPELISB, Vt.
Inoorporsted November 18, 1848. Oommenoed business Febroary 1, 1890.
Chables Dewey, Pretident Gsobgb W. Reed, Secretary,
INCOME.
New premltuns without deductions $510,967.07
Benewal premiums without deductions 2,184,774.22
Premiums paid by dividends 87,808.08
Dividends applied to purchase paid-up additions and
annuities 2,848.09
Surrender values applied to purchase paid-up insur-
ance and annuities 87,127.95
Oash received for annuities 14,027.88
Total premium income $2,786,564.39
Oash received for interest on:
Mortgage loans 219,606.44
Bonds owned and dividends on stock 180,250.64
Premium notes, loans, or liens 72,47413
Other debts due the company 16,382.75
Rents for use of company's property 25,186.32
Total income $3,299,473.67
Net or ledger assets Dec. 31, 1894 10,205,635.60
Total $13,505,109.27
DISBURSEMENTS.
Oash paid for losses and additions $724,908015
Oash paid for matured endowments and additions. . . . 55,042.00
Olalms on instalment policies 1,805.20
Gross amount paid for losses and endowments $781,250.55
Oash paid to annuitants 1,690.75
Oash dividends paid policy-holders 22,817.95
applied to pay running premiums 87,303.68
applied to purchase paid-up additions and
annuities 2,343.69
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1895.] OF Other States.
Surrender values paid in cash $452,512.62
applied to purchase paid-up insurance
and annuities — 37,127.05
( Total paid policy-holders $1,885,047. 14)
Commissions to agents 420,445.72
Salaries and travelinf? expenses of agents 44,645.80
Medical examiners' fees 88,114.28
Salaries of officers and office employes 45,506.82
Taxes and fees 68,497.05
Rent 28,853.03
Commuting commissions 103,894.86
Furniture and fixtures for offices 10,608.43
Advertising and printing 44,450.47
Profit and loss account 167.36
Legal expenses 838.55
Expenses and loss on real estate 19,721.33
Premiums on bonds purchased 17,971.75
Total disbursements during the year $2,223,761.49
Balance Dec. 31, 1895 $11,281,347.78
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $763,603.57
Loans on mortgages of real estate (first liens) 4,478,674.46
Loans on collateral securities 143,776.00
Loans on company's policies as collateral 1,084,080.82
Premium notes, loans, or liens on policies in force 308,894.09
Cost value of stocks and bonds 4,269,494.35
Cash in company's office 12,796.79
Cash deposited in banks 226,003.09
Agents' ledger balances 25.62
Total net or ledger assets, as per balance $11,281,347.78
OTHBB ASSETS.
Interest due and accrued on:
Mortgages $206,997.41
Stocks and bonds 74,780.49
Collateral loans 3,336.00
Premium notes, loans, or liens 33,386.96
Other assets 13,636.00
Market value of stocks and bonds over cost .... 169,440.44
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284 Life Insurance Companies [Dec. 31,
NmoBu9in4$8, B«n«wal9.
Premiums due and unreported onpoUolee
inforoe $07,180>88 $158,881.87
Deferred preminmB on policies in f oree . . 60,448.88 186,086J{8
Total $117,829.21 $880,718.46
Deduct cost of collection 70,577.68 28,780.29
$47,061.89 $816,988.18
Net amount of uncollected and deferred premiums $862,969.85
Total asBCts as per books of the company $12,144,864.96
ITEMS NOT ADMrrrsD.
Agents* balances 25.62
Total admitted assets $12,144,839.31
LIABILITIES.
Net present vidue of all outstanding policies, computed
according to the Actuaries* Table of Mortality, with 4
per cent interest. $10,255,709.24
Death losses due and unpaid $5,000.00
Death losses and other policy claims resisted 17,000.00
Death losses reported, no proofs receired 18,680X0 /
Total policy claims 35,680.00
Unpaid dividends of surplus due policy-holders 9,722.51
Premiums paid in advance 978.74
Reserve on canceled policies. 12,815.19
Extra reserve on life rate endowments 359,570.36
Present value of matured instalment policies 18,808.75
Commissions due agents 1,902.42
All other liabilities 9,792.50
Liabilities as to policy-holders $10,704,974.71
Surplus as regards policy-holders 1,439,864.60
Gross liabiUties $12, 144,889.31
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Deo. 81, 1801.. . $857,388.88
Premium notes, loans, or liens received daring the
year 270,006.44
Total $527,266.09
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1895.] OF Otheb States. 285
Deductions daring the year, as follows: Notes, loans, or
liens used in:
Payment of losses And claims $8t878.60
Parchase of surrendered policies and voided by lapse 70,026.16
Redeemed by maker In cash 149,972.25
Total reduction $228,371.00
Balance of note assets, Dec. 81, 1895 $808,894.09
EXHIBIT OF POLICIES.
POLICIES Aim ADDITIONS IIT FOBCE DEC. 81, 1894.
Number. AmcutU.
Whole life policies 20,119 $48,846,026.00
Endowment policies 9,710 15,062,581.00
All other policies 857 1,004,750.00
Reversionary additions 62,643.00
ITBW POLICIES ISSUED DUBING THE TBAB.
Whole life policies 5,270 11,165,745.00
Endowment policies 1,948 8,825,016.00
All other policies 224 611,300.00
OLD POLICIES BBVrVED.
Whole life policies 60 160,100.00
Endowment policies 21 40,600.00
OLD POLICIES nrCBEASED.
Whole life policies 1,000.00
ADDITIONS BT DIYIDSKDS.
Reversionary additions 4,398.00
Total number and amoont 37,709 $80,784,004.00
Deduct policies ceased to be in force. . . .' 4,967 11,060,362.00
Total in force Dec. 81, 1895 82,742 $69,723,642.00
Number. Amount.
Whole life poUoies in force 22,012 $61,969,684.00
Endowment policies in force 10,287 16,409,719.00
AU other policies in force 448 1,282,800.00
Beverslonary additions In force 61,489UN)
Total number and amount 82,742 969,728,642X0
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286 Life Insubance Companies [Dec. 31,
TBBIONATBD AS FOLLOWS:
By death 319 $758,969.00
maturity 61 66,042.00
expiry 66 211,500.00
surrender 1,568 3,270,826.00
lapse 1,888 3,806,45a00
change and decrease 66 896,600.00
Not taken 1,024 2,661,085.00
Total 4,967 $11,080,362.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1894 824 $1,177,325^00
Policies issued during year 303 547,800.74
Total 1,217 $1,725,185.74
Deduct policies ceased to be in force 171 241,061.28
In force in New Hampshire, Dec. 31, 1895 1,046 $1,484,124.46
Losses Incurred and paid during 1896 19 $34,017.41
Premiums collected or secured without deductions:
Cash, $68,070.67; notes or credits, $2,607.65 $60,684.82
NEW ENGLAND MUTUAL LIFE INSURANCE
COMPANY.
Boston, Mass.
Incorporated April 1, 1885. Oommenoed bastness December 1, 1818.
Bknjamik F. Steteks, PresidmL S. F. Tbull, Secretary.
INCOME.
New premloms without dedactlons $296,2U.01
Benewal premionui without dedactloiis 2,287,444.90
PreminmB pAid by distribntioiis 472^688.18
DiBtribntiona applied to parohase paid-up additions 18,079.16
Sorrender values applied to purobase paid up insur-
ance 45,014.74
Total premium income $8,068,866.28
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1895.] OF Othsb States. 287
Cash reoeWed for interest on;
Horfegage loans $199,740.84
Bonds owned and dividends on stock 688,264.55
Preminm notes, loans, or liens 68,275.88
Collateral loans 72,718.87
Discount on claims paid in advance 994.06
Rents for use of company's property 79,226.21
Profit and loss account 5,697.78
Total income' $4,128,278.42
Net or ledger assets Dec. 81, 1894 28,154,607.21
Total $27,277,880.68
DISBURSEMENTS.
Cash psid for loaseB and additions $1,868,210.00
Cash paid for matured endowments and additions. . 800,908.00
Gross amount paid for losses and endowments $1,668,416.00
Premium notes voided by lapse 48,285.59
Cash distributions paid policy-holders 84,469.09
applied to pay running premiums 472,598.18
applied to purchase paid-up additions. . 18,079.15
Surrender values paid in cash 888,804.95
applied to purchase paid-up insurance. 45,014.74
{Total paid poHcy-Jioldera $2,665,112.70)
Commissions to agents 288,477.13
Salaries and traveling expenses of agents 27,579.74
Medical examiners* fees 19,772.00
Salaries of officers and office employes 117,699.78
Taxes and fees 77,488.21
Rent 21,287.28
Commuting commissions 7,889.10
Furniture and fixtures for offices 10,082.60
Advertising and printing 50,788.50
Expenses on real estate 50,808.75
Legal expenses 8,475.98
All other items 46,465.81
Total disbursements during the year $8,885,871.98
Balance December 81, 1805 $28,942,008.65
Invested in the following:
ASSETS AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $1,877,006.78
Loans on mortages of real estate (first liens) 5,851,067.75
Loans on collateral securities 1,702,278.85
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288 Life Insurance Companies [Dec. 31,
Loans on company's policies as collateral $423,128.58
Premium notes, loans, or liens on policies in force 608,541.00
Cost value of stocks and bonds 18,433,381.72
Cash deposited in banks 461,008.98
Total net or ledger assets, as per balance $23,942,008.65
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $91,485.12
Stocks and bonds 120,402.25
Collateral loans 11,702.12
Premium notes, loans, or liens 23,843.04
Rents due and accrued 12,984.58
Market value of stocks and bonds over cost 763,206.65
New Bu9in€99, BeiMwaU,
Premiams dne and anreported on poli-
otesinforce $43,443.08 $198,080.07
Deferred premiums on policies In force . . 88*967.00 84,689.01
Total $181,400.08
Deduct cost of collection 86,881.80 66,717.00
$108,187.88 $886371J0
Net amount of uncollected and deferred premiums 331,999.21
Total assets as per books of the company $25,297,588.62
LIABILITIES.
Net present value of all outstanding policies, computed
according to the Actuaries' Table of Mortality, with 4
per cent interest $22,916,498.00
Death losses dae and unpaid $86,178J8
Matured endowents due and unpaid 80,000.00
Total policy claims 106,187.98
Unpaid distributions of surplus due policy-holders 127,168.64
LiabiliUes as to policy-holders $23,149,844.62
Surplus as regards policy-holders 2,147,739.00
Gross liabilities $25,297,588.62
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Dec. 81, 18M. . $868,180.04
Premium notes, loans, or liens received during the
year 660,904.60
Premium notes, loans, or liens restored by revival of
policies $2,600.80
Total $1,582,866.48
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1895.] OF Other States. 289
Deductions during the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims $81,160.88
Porchaae of surrendered policies and voided by lapse 67314.61
Payment of distribntions to policy-holders 6,461.40
Bedeemed by maker in cash 744,880.04
Total reduction ~ $839,825.34
Balance of note assets December 31, 1895 $698,541.09
EXHIBIT OF POLICIES.
POLICIKS AND AUDITIOKS IN FOBCB DECEMBBB 81, 1894.
Number. Anumnt.
Whole life policies 8,424 $24,695,435.00
Endowment policies 24,144 08,115,769.00
All other policies 481 1,157,188.00
NEW POLICIES ISSUED DUBING THE YEAB.
Endowment policies 4,657 12,727,460.00
OLD POLICIES BEVITED.
Whole life policies 12 20,874.00
Endowment policies 13 89,000.00
OLD POLICIES INCBEASED.
Whole life policies 6 6,801.00
Endowment policies 1 166,677.00
ADDITIONS BT DISTBIBUTIONS.
Whole life policies 9,123.00
Endowment policies 28,236.00
All other policies 15.00
Total number and amount 37,688 $106,866,573.00
Deduct policies ceased to be in force 2,719 8,269,517.00
Total in force December 81, 1895. ... 34,969 $98,597,056.00
Number, Amount.
Whole life policies in force 8,116 $28,686,604.00
Endowment policies in force M,481 74,017,266.00
All other policies in force 872 888,106.00
Total namber and amonnt. . . . 84,080 $08,607,066.00
19
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290 LiFB Iksurance Companies
TERMINATED AS FOLLOWS:
Number,
By death 469
maturity 122
expiry 54
surrender 880
lapse 742
change and decrease 7
Not taken 455
Total 2,719
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1894 218
Policies issued during the year 24
Total 24^
Deduct policies ceased to be in force 4
In force in New Hampshire Dec. 31, 1895 238
Losses and claims unpaid Dec. 31, 1894 1
Losses incurred during 1805 8
Total 4
Losses and claims paid during 1895 4
Premiums collected or secured without deductions:
Cash, $3,025.32; notes or credits, $551.00
[Dec. 31,
Amount,
$1,899,129.00
305,607.00
141,250.00
2,219,722.00
1,820,652.00
1,082,257.00
1,901,000.00
$8,269,517.00
$403,527.00
36,595.00 ,
$440,122.00
5,156.00
$434,966.00
$1,000.00
4,156.00
$5,156.00
5,156.00
$3,576.32
NEW YORK LIFE INSURANCE COMPANY.
New Yobk City.
Incorporated 1841. Commenoed basiness 1845.
John A. McCall, PreBiderU, Chablks C. Whitney, Secretarjf,
INCOME.
New premluma without deduotions $4,841,909.09
Benewal premiums without deductions 28,814,701.87
Premiums paid by dividends 826,807.76
Premiums paid by surrendered policies 24,070X8
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1895.] OP Other States. 291
DlYldendB applied to purchase paid-op additions
and annuities $296,108^
Cash received for annuities l,060,9MJn
Total $80,878,182.18
Deduct amount paid for re-insoranoe 64,480.78
Total premium income $80,818,751.45
Cash received for interest on:
Mort^irage loans 1,490,092.28
Bonds owned and dividends on stock 4,946,791.05
Premium notes, loans, or liens 242,476.48
Other debts due the company 201,603.15
Rents for use of company's property 661,551.20
From other sources 81,000.00
Total income $87,892,265.56
Net or ledger assets Dec. 31, 1894 150,915,095.56
Total $188,807,861.12
DISBURSEMENTS.
Cash paid for losses and additions $8,700,884.88
Cash paid for matured endowments and additions 2,072,446.07
Gross amount paid for losses and endowments $10,772,779.96
Received for losses or claims on policies re-insured 28,801.64
Net amount paid for losses and endowments $10,749,478.81
Cash paid to annuitants 1,851,462.56
Cash dividends paid policy-holders 1,186,329.61
applied to pay running premiums 826,807.76
applied to purchase paid-up additions
and annuities 295,198.87
Surrender values paid in cash 1,548,020.18
applied to pay running premiums 24,570.08
Reserve values paid on matured deferred dividend policies 1,805,334.23
Instalments paid on trust policies 6,330.44
(Total paid policy-holders $16,798,581.94)
Commissions to agents 4,285,935.11
Salaries and traveling expenses of agents 838,817.89
Medical examiners' fees 439,039.72
Salaries of officers and office employes. 541,392.11
Taxes and fees 403,759.22
Bent 266,723.42
Furniture and fixtures for offices. 167,915.88
Advertising, printing, etc 347,677.01
Expenses on real estate 154,175.26
AU other items 479,088.82
Total disbursements during the year $24,663,055.88
Balance Dec. 31, 1895 $164,144,306.24
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292 Life Insurance Companies [Dec. 81,
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $16,006,650.00
Loans on mortgages of real estate (first liens) 32,712,480.03
Loans on collateral securities 1,787,800.00
Loans on company* s policies as collateral 3,001,277.62
Premium notes, loans, or liens on policies in force 870,500.04
Cost value of stocks and bonds 102,068,983.71
Cash in company's office 8,349.28
Cash deposited in banks 6,136,594.60
Agents' ledger balances 620,579.96
Toukl net or ledger assets, as per balance $164,144,305.24
OTHER ASSETS.
Interest due and accrued on:
Mortgages $368,538.31
Stocks and bonds 745,373.93
Collateral loans and bank deposits 38,866.10
Policy loans or liens 101,169.86
Rents due and accrued 48,888.30
Market value of stocks and bonds over cost 5,110,840.81
Netp
Bu9ine98, BenewaU.
PremianiB due and nnreported on poli'
ciesln force $8,025,100.80
Deferred premiama on policies in force $220,144.00 2,008,886.00
Total $220,144UM> $5,028,966.89
Dedact cost of collection 148,096.00 251<4«8.S4
$77,060.40 $4,777,587.65
Net amount of uncollected and deferred premiums 4,854,587.95
Total assets as per books of the company $175,412,570.50
ITEMS NOT ADMITTED.
Agents' balances 620,579.96
Total admitted assets $174,791,990.54
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actuaries' Table of Mor-
taUty, with 4 per cent. Interest $147,969,029.00
Deduct net value of re-tnsured risks 228,878.00
Net re-insurance reserve $147,740,666.00
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1895.] OP Othee States. 293
Matured endowments due and unpaid $67,627.68
Death losses and matured endowments not due. . . . 488,628.38
Death losses and other policy claims resisted 68,068.80
Death losses reported, no proofs received 719,868.96
Due and unpaid on annuity claims 77,819^8
Total policy claims $1,356,412.96
Unpaid dividends of surplus due policy-holders 130,386.74
Premiums paid in advance 187,881.61
Trust funds held by the company ' 188,025.35
Extra reserve for all contingencies 1,200,000.00
Liabilities as to policy-holders $150,758,312.65
Surplus as regards policy-holders 24,038,677.89
Gross Uabilities $174,791,990.54
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Dec. 81, 1864 $1,026,871.94
Premium notes, loans, or liens received during the
y ear 167,869.71
Total $1,183,241.65
Deductions during the year as follows: Notes, loans, or
liens used in:
Payment of losses and claims $41,254.24
Purchase of surrendered policies and voided by
lapse 158,088.21
Payment of dividends to i>olicy-holders 517.81
Redeemed by maker in cash 108,796.86
Total reduction 308,651.61
Balance of note assets Dec. 31, 1895 $879,500.04
EXHIBIT OP POLICIES.
POLICIES AND ADDITIONS IN FORCE DECEMBER 31, 1894.
Number. Anuyuwi.
Whole life policies 200,119 $663,652,669.00
Endowment policies 56,658 168,517,572.00
All other policies 5,469 85, 125,442.00
Reversionary additions 4,542,087.00
NEW POLICIES ISSUED DURING THE TEAR.
Whole life policies 44,088 102,561,500.00
Endowment policies 9,856 23,737,000.00
All other poUcies 54 1,194,055.00
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294
Life Insurance Companies
[Dec. 81,
OLD POLICIES BBVITBD.
Whole life policies . .
EndoDvment policies.
All other policies
583
187
21
$1,674,600.00
333,400.00
62,000.00
OLD POLICIES INCREASED.
Whole life policies . .
Endowment policies.
All other policies
474,000.00
15,300.00
5,571,084.00
ADDITIONS BY DIVIDENDS.
Reyersionary additions
375,028.00
Total number and amount 316,880 $007,838,067.00
Deduct policies ceased to be in force 39,187 108,810,758.00
Total in force Dec. 31, 1895 277,693 $799,027,829.00
Nwnber. Amount.
Whole life poUdes in force 211,490 $678,047,eO(U»
Endowment policies In force 60,497 175,640,942.00
All other policies in force 5,776 89,947,071.00
Beverslonary additions In force 4,491,716jOO
Total number and amount 277,698 9799,087,829.60
TERMINATED AS FOLLOWS:
By death 2,817 $8,556,399.00
maturity 641 2,072,215.00
expiry 372 1,473,100.00
surrender 5,182 16,114,312.00
lapse 30,175 70,822,845.00
change and decrease 9,771,887.00
Total 39,187 $108,810,758.00
BUSINESS IN NEW HABiPSHIRE.
Policies in force Dec. 31, 1894.
Policies issued during year . . .
Total
Deduct policies ceased to be in force .
In force in New Hampshire, Dec. 31, 1895.
959 $1,470,026.00
171 237,700.00
1,130 $1,707,726.00
63 162,855.00
1,067 $1,644,871.00
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1895.] OF Other States. 295
Losses and claims unpaid Dec. 31, 1894. 1 $1,000.00
Losses incurred during 1895 12 27,687.21
Total 13 $28,687.21
Losses and claims paid during 1895 12 $27,687.21
Premiums collected or secured without deductions $60,591.99
NORTHWESTERN MUTUAL LIFE INSURANCE
COMPANY.
Milwaukee, Wis.
Incorporated March, 1887. ' Commenoed baainess November 36, 1866.
H. L. Palmxb, President. J. W. Skinkbb, Secretary,
INCOME.
New premiums wlthoat deductioiia $1,676,824.11
Benewal premiums wlthoat deductions 10,686,199.66
Premiums paid by dividends 806,480.61
Premiums paid by surrendered policies 8,886.81
Dividends applied to purchase pald-np additions
and annuities 189,760.16
Surrender values applied to purchase paid-up In-
surance and annuities 868,341.68
Cash received for annuities 6,291 .97
Total premium income $18,576,072.68
Cash received for interest on:
Mortgage loans «6,158,889.66
Bonds owned 426,922.07
Premium notes, loans or liens 84,576.09
Policy loans 15,205.74
Other debts due the company 217,800.81
Discount on maturing endowments paid in advance 6,098.47
Rents for use of company's property 109,642.28
Premium notes restored by revival of policies 6,588.87
Commuted commissions refunded 5,479.80
Total income $17,550,775.82
Ket or ledger assets Dec. 81, 1894 70,226,757.78
Total $87,777,588.55
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296 Life Insurance Companies [Dec. 31,
DISBUBSEMEXTS.
Caah paid for losses and additions $2,907»225.70
Cash paid for matured endowments and additions.. 612,289.70
Claims on Instalment policies 8,226.00
Gross amount paid for losses and endowments $3,512,740.40
Cash paid to annuitants 2,55426
Premium notes voided by lapse 13,780.90
Cash dividends paid policy-holders 300,704.99
applied to pay running premiums 806,430.51
applied to purchase paid-up additions and
annuities 189,759.15
Surrender values paid in cash 496,823.09
applied to pay running premiums 3,825.81
applied to purchase paid-up insurance
, and annuities 358,241.58
{Total paid poltcy-holdert $5,684,860.69)
Commissions to agents 1,543,571.52
Salaries and traveling expenses of agents 899.91
Medical examiners* fees 110,691.15
Salaries of officers and office employes 806,196.26
Taxes and fees '. 194,328.73
Rent 25,000.00
Furniture and fixtures for offices 2,098.06
Advertising and printing 113,607.43
Legal expenses 48,014,97
Expenses on real estate 21,384.99
All other items 597,068.72
Total disbursements during the year $8,666,662.42
Balance Dec. 31, 1895 $79,120,871.13
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Book value of real estate unincumbered $1,400,868.15
Loans on mort^i^es of real estate (first liens) 59,041,112.24
Loans on company* s policies as collateral 1,948«060.00
Premium notes, loans, or liens on policies in force 418,301.84
Par value of stocks and bonds 11,770,665.00
Cash in company^s office 97,169.05
Cash deposited in banks 4,508,915.77
Agents' ledger balances 8,267.88
Total net or ledger assets, as per balance $79,193,344.98
Deduct agents' credit balances and company's debits 72,473.80
Total net or ledger assets $79,120,871.13
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1895.] OF Otheb States. 297
OTHER A88ET6.
Interest due and accrued on:
Mortgages $l,072,810.3a
Bonds 222,589.54
Premium notes, loans, or liens 14,790.56
Policy loans 52,027.58
Rents due and accrued 8,967.71
Market value of stocks and bonds over par 864,5S6.0&
New Btuin^aa, Btnetcala.
Premioius dne and nnreported on polioies
inforoe $818,M8.00 $440,590.00
Deferred premiums on policies in force. . . 188348.00 071,901.00
Total $452,406.00 $1,412,481.00
Dednct cost of ooUection 226,208.00 84,748.46
$226,206.00 $1,887,741.54
Net amount of uncollected and deferred premiums 1,558,944.54
Total assets as per books of the company $82,910,657.52
ITEMS NOT ADMITTED.
Agents' balances 8,267.8&
Total admitted assets '. $82,902,889.64
LIABILITIES.
Net present value, of all outstanding policies, computed
according to the Actuaries' Table of Mortality, with 4
per cent, interest $65,804,572.00
Death losses due and nnpaid $86,817.74
Matured endowments due and unpaid 18,899.00
Death losses and matured endowments not due 184,801.67
Death losses and other policy claims resisted 48,844.99 #
Due and unpaid on annuity claims and instalment
polioies 660.00
Death losses reported, no proofs received 97,656.00
Total policy claims $381,971.40
Unpaid dividends of surplus due policy-holders 94,740.97
Premiums paid in advance 5,600.00
Present value matured instalment policies 45,115.00
All other liabilities 56,929.01
Liabilities as to policy-holders $66,888,828.38
Surplus as regards policy-holders 16,513,561.26
Gross liabilities $82,902,389.64
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298 Life Insurance Companies [Dec. 31,
PREMIUM NOTE ACCOUNT.
Premliiin notes, louu, or liana on hand Deo. 81, 18M. . $487,5I0.4S
Premium notes, loans, or liens received daring the
year 88,080.78
Premium notes, loans, or liens restored by reylval
of policies 8,088.87
Total $567,205.02
DeductionB during the year as follows: Notes, loans, or
liens used in:
Pajrment of losses and claims $18,750.17
Parohase of surrendered policies and voided by lapse 84,817.21
Payment of dividends to policy-holders 00^088.04
Bedeemed by maker in cash 80,880.10
Total reduction 138,908.18
Balance of note asseto Dec. 31, 1896 418,301.84
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FOBCB DBCBMBEB 31, 1894.
Number. AnumtU.
Whole life policies 116,566 $272,293,884.00
Endowment policies 28,712 63,618,347.00
All other policies 622 4,786,888.00
NEW POLICIES ISSUED DUBING THE YEAB.
Whole life policies 14.744 33,050,114.00
Endowment policies 6^346 14,185,279.00
All other policies 2,158 6,291,001.00
OLD POLICIES BEVrVED.
Whole life policies 244 730,141.00
Endowment policies 62 162,314.00
All ether policies 4 7,000.00
OLD POLICIES INCBEASED.
Whole life policies 66
Endowment policies 30
All other policies 100,879.00
ADDITIONS BY DIVIDENDS.
Whole life policies 161,525.00
Endowment policies 94,109.00
All other policies *. 2,075,929.00
Totol number and amount 168,544 $397,495,860.00
Deduct poUcies ceased to be in force 12,679 33,236,625.00
Total in force Dec. 31, 1895 155,786 $364,259,235.00
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1895.]
OF Other States.
299
Number. . Amount,
Whole life poUoies in force 121,408 '$288,888,441.00
Endowment policies in force. . . 82,191 71,878,961.00
AU other policies in force 2,128 9,046^88.00
Total number and amount. . 166,786 $864,288,286J0O
TEBMIKATBD AS FOLLOWS:
By death
maturity
expiry
surrender
lapse
change and decrease
Not taken
1,200
274
259
8,114
6,076
8
2,824
$2,972,566.00
498,747.00
2,880,695.00
6,117,804.00
10,028,289.00
4,854,699.90
7,898,986.00
Total 12,759 $88,286,625.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1894
Policies issued during the year
Total
Deduct policies ceased to be in force.
In force in New Hampshire, Dec. 81, 1896. .
Losses incurred and paid during 1896 —
680
187
$1,864,866.00
218,450.00
$1,672,816.00
81,817.00
772 $1,400,999.00
817
45
8
Premiums collected or secured without deductions:
Cash, $68,096.66; notes or credits, $70.64
$48,000.00
$58,167.20
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300 Life Insurance Companies. [Dec. 31,
PENN MUTUAL LIFE INSURANCE COMPANY.
Philadelphia, Pa.
Incorporated Febmary ai» 1847. Commenoed bnainesa May 25, 18i7.
Edwabd M. Needles, President. Henby C. Bbown, Secretary,
INCOME.
New preminms withont dednotiona $564,421.51
Renewal premiums without deductions 8,7W,821JB
Premiums paid by dlYldends 672,107.26
Premiums paid by surrendered policies 61,560.06
DlYldends applied to purchase paid-up additions
and annuities 72,287J»
Surrender values applied to purchase paid-up in-
surance and annuities 199,522.00
Cash received for annuities 28,646.94
Total $6,878,865.06
Deduct amount paid for re-insurance 2,780 J8
Total premium income $5,371,134.76
Gash reoeiyed for interest on:
Mortgage loans 621,785.21
Bonds owned and dividends on stock 870,386.24
Premium notes, loans, or liens 57,064.01
Collateral loans 196,478.66
General account 12,887.43
Rents for use of company^s property 58,629.78
Profits on real estate and securities sold 51,852.80
From other sources 199.10
Total income 16,740,312.94
Net or ledger assets Dec. 31, 1894 28,779,512.38
Total $80,519,825.32
DISBUBSEMEKTS.
Cash paid for losses and additions 81,680,504.70
Cash paid for matured endowments and additions.. 200,514iK>
Claims on instalment policies 6,100jOO
Trust deposits 10,000.00
Gross amount paid for losses and endowments $1,797,208.70
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1895.]
OF Other States.
801
Cash paid to annuitants
Premium notes voided by lapse
Cash dividends paid policy-holders
applied to pay running premiums
applied to purchase paid-up additions
and annuities
Surrender values paid in cash
applied to pay tunning premiums
applied to purchase paid-up insurance
and annuities
[Total paid policy holders $3,184,563.00)
Commissions to agents
Salaries and traveling expenses of agents
Medical examiners* fees
Salaries of officers and office employes
Taxes and fees
Rent .'
Furniture and fixtures for offices
Advertising and printing
Legal expenses
Expenses on real estate
All other items
$12,227.05
56,844.50
47.00
672,107.26
72,287.00
822,758.44
51,560.06
199,622.00
503,194.88
79,539.98
43,618.86
113,620.63
172,606.07
38,980.28
1,639.68
28,347.28
9,894.05
4,492.68
Total disbursements during the year $4,225,395.62
Balance Dec. 31, 1895 $26,294,429.70
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $1,676,282.61
Loans on mortgages of real estate (first liens) 11,228,358.67
Loans on collateral securities 2,796,995.10
Loans on company^s policies as collateral 1,677,067.00
Premium notes, loans, or liens on policies in force 803,942.20
Cost value of stocks and bonds 7,721,867.09
Cash in company's office 1,618.19
Cash deposited in banks 201,700.00
Bills receivable 179,567.48
Agents' ledger balances 9,276.28
Total net or ledger assets, as per balance $26,296,694.62
Deduct agents' credit balances 2,264.92
Total net or ledger assets $26,294,429.70
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302 Life Insurance Companies [Dec. 31,
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $284,102.06
Stocks and bonds 3,227.89
Collateral loans 20.396.48
Other assets 3,00a00
Rents due and accrued / 9,882.36
Market value of stocks and bonds over cost 120,288.16
New BusinfB. Benewalt,
PremliimB dae and nnreported on poli-
cies in force $80,072.22 S22S,77S.16
Deferred premiams on policies in force 66,682.92 868,881.82
Total $186,806.14 $601,168.47
Deduct cost of collection 68,169L67 29,656.18
$68,168^ $661,606Je9
Net amount of uncollected and deferred premiums 629,757.86
Total assets as per books of the company $27,865,063.50
ITEMS NOT ADMITTED.
Acrentfl' balances $9,278.28
Bills receivable 179,667.48
Total items not admitted 188,843.76
Totel admitted assets $27,176,239.74
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actuaries' Tsble of Mor-
UUty. with 4 per cent, interest $28,666,688.00
Deduct net value of re-insured risks 66,246.00
Net reinsurance reserve $23,610,438.00
Death losses and matured endowments not due. . $121,710.00
Death losses and other policy claims resisted — 12,000.00
Total policy claims 133,710.00
Unpaid dividends of surplus due policy holders 51,777.70
Premiums paid in advance 12,694.27
Trust funds held by company 19,190.00
Scrip outstanding 8,580.00
Present value of matured instalment policies 59,432.00
Liabilities as to policy holders $23,805,721.97
Surplus as regards policy holders 3,280,517.77
Gross liabilities $27,176,289.74
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1895.]
OF Other States.
30S
PREMIUM NOTE ACCOUNT.
Preminm notes, loans, or liens on hand Dec. 81, 1894 •768,011.68
Premium notes, loans, or liens received dorlns: the
year 362,461 .88
Total $1,981,473.46
Deductions during the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims $88,166.08
Purchase of surrendered policies and roided by
lapse.... 82,114.87
Payment of dividends to policy holders 77,644.82
Bedeemed by maker in cash 19,618.00
Total reduction 227,581.26
Balance of note assets Dec. 31, 1895 $808,942.20
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FOBCE DBCEMBEB 31, 1894.
Number. Amount,
Whole life policies • 32,276 $85,405,044.00
Endowment policies 15,244 84,794,273.00
All other policies 2,081 5,686,377.00
Reversionary additions 651,881.00
NBW POLICIES ISSUED DUBING THE TEAB.
Whole life poUcies 4,999 12,818,680.00
Endowment policies 1,944 4,825,810.00
AU other poUcies 442 1,710,250.00
OLD POLICIES BBYIVED.
Whole life policies 406 727,946.00
Endowment policies 302 277,805.00
All other policies 880 2,506,780.00
Reversionary additions 2,667.00
OLD POLICIES CHANGED AND INCBEASED.
Whole life policies 18 47,000.00
Endowment policies 8 8,000.00
All other policies 5 19,000.00
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304
Life Insurance Companies
[Dec. 81,
additions by dividends.
Reyenionary additions
$127,710.00
Total number and amount 58,550 $149,006,073.00
Deduct policies ceased to be in force 0,806 10,402,356.00
Total in force Dec. 31, 1805 51,744 $180,146,317.00
Number. Am&unt.
Whole life policies in force 88,M9 $87,108,118.00
Endowment policies in force 16,707 86,004,276.00
All other policies in force 2,468 7,100,978X0
Beversionary additions in force 788,945.00
Total number and amount..
TERMINATED AS FOLLOWS:
61,744 $180,146,817.00
By death
maturity
expiry
surrender
lapse
change and decrease
Not taken 1,1
Reduction for present value instalment policies.
538
$1,589,074.00
87
201,514.00
290
831,000.00
1,423
3,214,477.00
3,147
7,751,913.00
38
525,725.00
1,288
3,926,850.00
1,421,803.00
Total 6,806 $19,462,356.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1894
Policies issued during the year
Total
Deduct policies ceased to be in force.
240
2
242
5
In force in New Hampshire Dec. 31, 1895. . .
237
Premiums collected or secured without deductions.
$624,750.00
11,000.00
$685,750.00
5,500.00
$630,250.00
$29,367.12
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1895.] OP Other States. 305
PHCENIX MUTUAL LIFE INSURANCE COMPANY.
Habtfobd, Conk.
Incorporated May, 1851. Commenced bosineM May, 1851.
Jonathan B. Bunce, President Chablbs H. Lawrence, Secretary,
INCOME.
New premiums without deduotiona $804,681.81
Renewal premiums without deductions 878,884.90
Premiums paid by divld ends 184,454.80
Premiums paid by surrendered policies 5,806.15
Dividends applied to purchase paid-up additions and
annuities 27,080.98
Surrender yalnes applied to purchase paid-up in-
surance and annuities KQM
Total $1,886,007.18
Deduct amount paid for re-insurance 5,274.66
Total premium income $1,330,782.63
Cash received for interest on:
Mortgage loans 336,909.54
Bonds owned and dividends on stock 123,192.56
Premium notes, loans, or liens 31,796.19
Other debts due the company 15,967.67
Discount on claims paid in advance 160.07
Bents for use of company's property 29,873.33
Profits on securities sold 5,222.56
Dividends and surrender values on re-insurances 472.29
Profit and loss account 7,095.70
Total income $1,881,512.54
Net or ledger assets December 31, 1894 9,919,261.54
Total $11,800,774.08
DISBUBSEMENTS.
Cash paid for losses and additions $708,740.61
Cash paid for matured endowments and additions 189,470.00
Gross amount paid for losses and endowments.. . . $848,219.61
Beoeived for losses or claims on policies re-insured.. . 10,000.00
Net amount paid for losses and endowments $838,219.61
20
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306
Life Insurance Cobipanies
[Dec. 31,
Gash paid to annuitants
Cash dividends paid policy-holders
applied to pay running premiums
applied to purchase paid-up additions and
annuities
Surrender values paid in cash
applied to pay running premiums
applied to purchase paid-up insurance
and annuities
{Total paid poUcyholdern $1,113,240.80)
Commissions to agents
Salaries and traveling expenses of agents
Medical examiners' fees
Salaries of officers and office employes
Taxes and fees
Rent.
Commuting commissions
Furniture and fixtures for offices
Advertising and printing
Profit and loss account
Expenses and losses on real estate
Legal expenses
All other items
$2,152.00
2,918.56
124,454.80
27,080.96
111,889.16
5,895.15
659.66
284,866.90
59,371.60
36,795.20
62,784.26
57,329.78
18,034.05
500.00
602.72
31,883.76
a5,556.43
16,472.69
2,476.56
13,563.52
Total disbursements during the year $1,684,337.27
Balance Dec. 31, 1805 $10,116,438.81
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $858,050.29
Loans on mortgages of real estate (first liens) 5,078,010.^
Loans on collateral securities 5,600.00
Loans on company* s policies as collateral 205,046.00
Premium notes, loans, or liens on policies in force 500,246.09
Cost value of stocks and bonds 2,364,416.63
Cash in company's office 269.58
Cash deposited in banks 202,097.30
Total net or ledger assets, as per balance $10,116,436.81
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $142,187.09
Premiums notes, loans, or liens 4,315.23
Market value of stocks and bonds over cost 41,205.81
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1895.] OF Other States. 307
NetD
BuBinw* B^newaU,
Fremiums due and nnreported on poUoies in
force $50,087.27 $46,129.00
Deferred premloms on policies in force 26,486.84 72,800.40
Total $76,678.61 $118,929.40
Deduct cost of ooUectlon 48,646.96 7,185.76
$82,926.66 $111,798.64
Net amount of uncollected and deferred premiums $144,720.29
Total assets as per books of the company $10,448,864.78
LIABILITIES.
Net present value of outstanding policies, computed
according to the Actuaries* Tbble of Mortality, with
4per cent, interest $9,604,886.00
Deduct net value of re-insured risks 17,044.00
Net re-insurance reserve $9,487,291.00
Death losses and matured endowments not due 54,430.00
Unpaid dividends of surplus due policy-holders 2,500.00
Premiums paid in advance 7,710.00
Special policy reserve 228,022.00
Reserve on real estate account 99,528.00
Liabilities as to policy-holders $9,879,481.00
Surplus as regards policy-holders 569,383.73
Gross liabilities $10,448,864.73
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Dec. 31, 1894 $558,770.01
Deductions during the year as follows: Notes, loans, or
liens used in:
Payment of losses and claims $88,196.12
Purchase of surrendered policies and voided by
lapse 9,842.00
Payment of dividends to policy-holders 119.96
Bedeemed by maker in cash 16366.22
Total reduction 68,528.92
Balance of note assets Dec. 31, 1895 $500,246.00
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808 Life Insurance Cobcpanies [Dec. 81,
EXHIBIT OP POLICIES.
POLICIES AND ADDITIONS IN FOBCE DEC. 31, 18d4.
Number. Amount.
Whole life policies 14,498 $24,832,106.00
Endowment policies 8,198 ll,5d4,379.00
All other policies 101 247,500.00
Reversionary additions 237,064.00
NEW POLICIES ISSUED DUBING THE TEAK.
Whole life policies 8,686 7,426,019.00
Endowment policies 2,430 3,652,297.00
AU other policies 45 91,801.00
OLD POLICIES BEYIVED.
Whole Uf e policies 15 29,041.00
Endowment policies 25 32,500.00
All other policies 2 6,000.00
OLD POLICIES INCREASED.
Whole life policies 18,500.00
Endowment policies 6,545.00
OLD POLICIES TBANSFEBBED.
Whole life policies 21 41,000.00
Endowment policies 14 27,500.00
All other policies 122 292,000.00
ADDITIONS BY DIVIDENDS.
Reversionary additions 50,739.00
Total number and amount 29,157 $48,054,991.00
Deduct policies ceased to be in force 4,158 7,594,660.00
Total in force Dec. 31, 1895 24,999 $40,460,331.00
Number. Am>ount.
Whole life poUdes in force 15,751 ^26,887,814.00
Endowment policies in f oroe 9,018 13,858,056.00
All other poUcles in force 280 505,500.00
Beverslonsry additions In force 268,561.00
Total number and amount.... 24,909 $40,460,881.00
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1895.] OF Other States. 309
TEBMINATBD AS FOLLOWS:
By death 440 $746,210.00
maturity 121 180,670.00
expiry 1 801.00
surrender 282 617,786.00
lapse 1,410 2,488,186.00
change and decrease 170 628,669.00
Not taken 1 ,671 2,719, 189.00
Transfer 157 860,600.00
Total 4,158 $7,694,660.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1894 722 $777,861.00
Policies issued during year 127 146,299.00
Total 849 $924, 150.00
Deduct policies ceased to be in force Ill 116,628.00
In force in New Hampshire Dec. 81, 1895 738 $807,622.00
Losses and claims unpaid Dec. 81, 1894 1 $600.00
Losses incurred during 1896 16 16,828.00
Total 17 $17,428.00
Losses and claims paid during 1895 17 $17,428.00
Premiums collected or secured without deductions:
Cash, $80,051.75; notes or credits, $2,898.11 $82,944.86
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810 Life Insubanoe Companies [Dec. 31,
PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY.
New Yobk City.
Incorporated Febmary 26, 1875. Commenced business Angast 10, 1875.
Ohablbs E. Willabd, PreHdenL William E. Stevens, Secretary,
Cash Capital, $100,000.00.
INCOME.
New premiums without deductions $451,266.47
Renewal premiums without deductions 1,491,472^0
Premiums paid by dlyldends 228,026.72
Surrender values applied to purchase paid-up Insur-
ance andannultles 8,021.29
Total •2,169,686.78
Deduct amount paid for re-Insurance 11,678.44
Total premium Income $2,158,013.34
Cash received for Interest on:
Mortgage loans 12,666.33
Bonds owned and dividends on stock 88,030.33
Policy loans 699.81
Other debts due the company 10,476.70
Rents for use of company's property 27,074.72
Total income $2,246,869.73
Net or ledger assets Dec. 31, 1894 1,636,914.83
Total $3,888,774.66
DISBURSEMENTS.
Cash paid for losses $1,286,822.99
Cash paid for matured endowments 268.75
Qross amount paid for losses and endowments $1 ,286,791.74
Received for losses or claims on policies re-Insured 15,000.00
Net amount paid for losses and endowments $1,220,791.74
Cash paid to annuitants 1,581.40
Cash dividends paid policy-holders 36,739.78
applied to pay running premiums 223,926.72
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1895.] OF Other States. 311
Surrender Talues paid in cash $5,331.22
applied to purchase paid-up insurance
and annuities 3,021.29
{Total paid policy-holders $1,491,412.15)
Cash paid stockholders for interest or dividends 0,977.60
Commissions to agents 315,689.68
Salaries and traveling expenses of agents 17,777.75
Medical examiners' fees 34,896.19
Salaries of o£Bicers and office employes 94,973.91
Taxes and fees 31,631.54
Rent, 22,704.79
Commuting commissions 1,750.00
Furniture and fixtures for offices 3,344.57
Advertising and printing « 39,241.55
Legal expenses 20,509.88
Expenses on real estate 9,807.09
All other items 66,494.99
Total disbursements during the year $2,147,211.69
Balance Dec. 31, 1895 $1,736,562.87
Invested in the following:
ASSETS AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered. . . : $241,384.28
Loans on mortgages of real estate (first liens) 224,400.00
Loans on collateral securities 75,000.00
Loans on company's policies as collateral 20,300.41
Book value of stocks and bonds 967,833.52
Cash in company's office 12,709.24
Cash deposited in banks 127,924.57
Cash in transit (since received) 143.96
Bills receivable 308.84
Agents' ledger balances 66,776.10
Total net or ledger assets, as per balance $1,736,865.92
Deduct agents' credit balances 303.05
Total net or ledger assets $1,736,662.87
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $3,798.80
Stocks and bonds 14,179.98
Deposits 890.83
Policy loans '. 453.89
Bents due and accrued 7,109.50
Market value of real estate over cost 15,000.00
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312 Life Insurance Companies [Dec. 81,
Premlams due and unreported on poll-
oiaelnforoe $41,814.98 $58,902.40
Deferred premlams on pollolee in force 00,061.87 156,087.14
Total $101,866.16 $810,880JM
Dednot cost of collection 80,656.61
$70,700.64 $144,968.06
Net amount of uncollected and deferred premiums $214,963.48
Total assets as per books of the company $1,992, 469.S6
ITEMS NOT ADMITTED AND DEPSBCIATION.
AgenU' balances ^ $66,776.10
Bills receivable 808.84
Depreciation from above assets to bring same to
market valae 11,108.86
Total items not admitted ^ 78,273.80
Total admitted assets $1,914,185.56
LIABILITIES.
Net present value of all outstanding policies, computed
according to the actuaries* table of mortality, with 4
per cent interest $978,235.00
Death losses and matared endowments not due $17,000010
Death losses and other policy claims resisted 54,386.00
Death losses reported, no proofs received 121,600.00
Total policy claims 192,786.00
Premiums paid in advance 5,986.24
Reserve on cancelled policies 882.67
All other liabilities 23,434.17
Liabilities as to policy-holders $1,200,824.08
Paid-up capital $100,000.00
Surplus over capital 618,361.48
Surplus as regards policy-holders 713,361.48
Gross liabilities $1,914,185.56
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FORCE DBCEMBICR 31, 1894.
Number, Amoumi.
Whole life policies 781 $1,696,136.00
Endowment policies 584 898,584.00
All other policies 24,290 81,430,319.00
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1895.]
OF Other States.
313
KSW POUCISS ISSUED DUBINO THE TEAB.
Whole life policies..
Endowment policies .
All other policies —
OLD POLICIES REYIYED.
Whole life policies. .
Endowment policies
All other policies —
OLD POLICIES INCBEASED.
Whole life policies.
All other policies. .
1,048
184
6,497
$2,539,558.00
287,150.00
19,921,281.00
8
7
108
$28,500.00
7,000.00
882,000.00
1
19
$7,640.00
48,049.00
Total number and amount 38,522
Deduct policies ceased to be in force 7,818
$107,216,216.00
25,401,295.00
Total in force December 81, 1895 25J04 $81,814,921.00
Number. Amount.
Whole life poUoles In force l,44fi $8,296318.00
Endowment policies in force. ... 646 1,010,184.00
AU other poUoles in force 28,614 77,608,074.00
Total number and amount — 26,704 $81,814,021.00
TEBMUTATED AS FOLLOWS:
By death
maturity
expiry
surrender
lapse
change and decrease
Not taken
Total 7,818
841
$1,258,728.00
1
250.00
5,229
16,814,685.00
998
4,269,850.00
800
684,700.00
18
828,892.00
981
2,594,195.00
$25,401,295.00
BUSINESS IN NEW HAHPSHIKE.
Policies in force December 81, 1894.
Policies issued during year
Total
Deduct policies ceased to be in force
In force in New Hampshire Dec. 31, 1895
Premiums collected or secured without deductions .
194
71
265
61
204
$860,826.00
146,600.00
$506,826.00
114,500.00
$892,826.00
$8,880.50
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314
Life Iksubakcb Companies
[Dec. 31,
STATE MUTUAL LIFE ASSURANCE COMPANY.
WoBCBSTBB, Mass.
Incorporated March 16, 18M. Commenced boalness June 1, 1S45.
A. G. Bin:.LOCK, President. H. M. Witteb, Secretary.
INCOME.
New premiums without deduotiona $897,668.96
Benewal premiums without deductions 1,661,470.99
Premiums paid by dividends 344,886.00
Dividends applied to purchase paid-up additions
and annuities 71,668.21
Total. $2,876,550.15
Deduct amount paid for re-insurance 8,960.90
Total premium income
Cash received for interest on :
Mortgaf^e loans
Bonds owned and dividends on stock
Premium notes, loans, or liens
Other debts due the company
Rents for use of company^s property
Dividends and surrender values on re-insurances
Total income
Net or ledger assets December 31, 1895.
$2,371,689.25
$100,036.00
280,304.00
81,006.00
20,662.19
36,588.59
1,641.07
$2,842,422.10
9,457,422.24
Total $12,299,844.34
DISBURSEMENTS.
Cash paid for losses and additions $600,940.68
Cash paid for matured endowments and additions.. 188,160.09
Gross amount paid for losses and endowments $684,100.67
Premium notes voided by lapse 19,279.00
Cash dividends paid policy-holders 7,226.68
applied to pay running premiums 244,868.00
applied to purchase paid-up additions and
annuities 71,668.21
Surrender values paid In cash, including additions 232,890.82
(TotaX paid policy-holdere $1,210,023.23)
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1895.] OF Other States. 315
Commissions to agents $286,150.86
Salaries and traveling expenses of agents 26,101.00
Medical examiners* fees 28,878.50
Salaries of officers and office employes 41,111.00
Taxes and fees 39,810.20
Rent 23,982. 19
Commuting commissions 10,235.00
Profit and loss account 10,342.50
Expenses on real esta^ 6,470.95
All other items 62,473.01
Total disbursements during the year $1,730,578.43
Balance December 31, 1895 $10,669,265.91
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $894,444.52
Loans on mortgages of real estate (first liens) 2,296,220.79
Loans on collateral securities 220,450.00
Loans on company's policies as collateral 282,646.00
Premium notes, loans, or liens on policies in force 261,604.45
Cost value of stocks and bonds 6,056,814.00
Cash in company's office > 5,633.54
Cash deposited in *)anks 389,462.61
Loans to corporations 171,100.00
Loans to cities and towns 1,000.00
Total net or ledger assets, as per balance $10,569,266.91
OTHEB ASSETS.
Interest due and accrued on:
Mortgages $27,064.00
Stocks and bonds 66,732.00
Collateral loans 2,460.00
Premium notes, loans, or liens 9,177.00
Other assets 900.00
Rents due and accrued 2,677.00
Market value of stocks and bonds over cost 313,454.00
N9W Bvmvmb; B9neutal;
Premloms due and unreported on poli-
clesinforoe $128,686.00 $104,646.00
Deduct 0O8t of coUeotion. 24,717.00 20,929.00
$98,868.00 $88,717.00
Deduct loading on premium notes 11,264.00 88,067.00
$87,614.00 $44,660.00
Net amount of uncollected and deferred premiums 132,264.00
Total assets as per books of the company $11,122,988.91
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316 Life Insurance Ck>MPANiES [Dec. 81,
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actaaries* Table of Mor-
tality, with 4 per cent, interest $9,807,8M.OO
Deduct net yalue of re-insured risks. 19,882^10
Net re-insurance reserve $9,788,567.00
Death losses and matured endowments not due — $1,000.00
Death losses and other policy claims resisted 25,000.00
Death losses reported , no proofs received 82,886.00
Total policy claims 58,685.00
Liabilities as to policy holders $0,847,252.00
Surplus as regards policy holders 1,275,731.91
Gross liabilities. $11,122,983.91
PREMIUM NOTE ACCOUNT.
Premium notes, loans, or liens on hand Dec. 81, 1894 $226,806.20
Premium notes, loans, or liens received during the
year 804,797.00
Totel $781,606.20
Deductions during the year, as follows: Notes, loans,
or liens used in :
Purchase of surrendered policies and voided by
lapse $19,279.00
Payment of dividends to policy holders. 460,721.75
Total reduction 480,00a75
Balance of note assets December 81, 1895 $251,604.45
EXHIBIT OF POLICIES.
POLICIES AND ▲DDITIOirS IN FOBCIC DEOBMBSB 31, 1894.
Numbw. Amount.
Whole life policies 3,164 $8,881,188.00
Endowment policies 15,402 43,969,107.00
Reversionary additions 559,687.00
NKW POLICIES ISSUED DUKINO THE TEAR.
Whole life policies 46 196,500.00
Endowment policies 4,331 12,051,50a00
OLD POLICIES BEVIYED.
Endowment policies 6 28,000.00
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1895.]
OF Other States.
317
OLD POLICIES INCBEA8ED.
Endowment policies
ADDITIONS BY DIVIDENDS.
Reversionary additions
36,546.00
185,569.00
Total number and amount 22,949 $65,852,047.00
Deduct policies ceased to be in force 1,900 5,060,597.00
Total in force December 81, 1895 21,049 $60,291,450.00
l^umber* Amount.
Whole life poUoles In force 8,0B2 $8488.820.00
Endowment policies in force 17,997 61,461,081.00
Beversionary additions in force 641,009.00
Total number and amount. — 21,048 $00,291,460.00
TEBUINATED AS FOLLOWS:
By death ,
maturity
expiry'.
surrender
lapse
change and decrease .
Not taken
176
$498,653.00
48
1?5,160.00
9
18,200.00
696
1,724,228.00
495
1,126,000.00
27
486,861.00
449
1,128,500.00
Total 1,900 $5,060,597.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force December 31, 1894.
Policies issued during year
Total
Deduct policies ceased to be in force
In force in New Hampshire, Dec. 31, 1895
Premiums collected or secured without deductions.
230
47
277
16
261
$505,548.00
91,335.00
$596,883.00
20,426.00
$576,457.00
$20,389.80
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318 ^ Life Insurance Companies [Dec. 31,
TRAVELERS' INSURANCE COMPANY.
[Life Department.]
Hartfobd, Conn.
Incorporated Jane 17, 1888. Commenced baslness Jnly 1, 1886.
James G. Battbrson, President. Rodney Dennis, Secretary.
INCOME.
New premlnms without deductions 8408,087.06
Renewal premiums without deductions 1,M7,708.92
Premiums paid by surrendered polici««8 7,816.26
Cash received for annuities 25,660.41
Total $2,880,182.64
Deduct amount paid for re-insurance 106,628.85
Total premium income $2,283,659.29
Cash received for interest on:
Mortgage loans 268,329.07
Bonds owned and dividends on stock 276,2T7.43
Other debts due the company 117,247.74
Rents for use of company's property 65,908.64
Profits on real estate sold 8,850.43
Dividends and surrender values on re-insurances 8,282.85
From other sources 363.73
Total income $3,028,868.68
Net or ledger assets Dec. 31, 1894 15,068,536.24
Total $18,097,404.92
DISBURSEMENTS.
Cash paid for losses and additions $589,420.04
Gash paid for matured endowments and additions. . . . 116,766.00
Claims on instalment policies 66,288.01
Gross amount paid for losses and endowments. . $772,408.06
Received for losses or claims on policies re-insured . . 68,000.00
Net amount paid for losses and endowments $719,406.05
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1895.] OP Other States. 319
Cash paid to annnitants $9,147.05
Surrender values paid in cash 273,745.68
applied to pay running premiums 7,816.25
(Total paid policyholders $1,010,117.08)
Cash paid stockholders for interest or dividends 100,000.00
Commissions to agents 274,539.89
Salaries and traveling expenses of agents 47,416.29
Medical examiners* fees 20,187.70
Salaries of officers and office employes 62,610.86
Taxes and fees 52,630.65
Rent 17,156.77
Furniture and fixtures for offices. 5,546.85
Advertising and printing 33,060.55
Expenses on real estate 85,166.53
Legal expenses 5,107.75
liosses on sales of securities '. 62,353.57
All other items 27,288.40
Total disbursements during the year $1,803,202.84
Balance Dec. 31, 1895 $16,294,202.08
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $2, 126,038.53
Loans on mortgages of real estate (first liens) 5,030,290.17
Loans on collateral securities 668,563.11
Loans on company's policies as collateral 758,419.31
Cost value of stocks and bonds 6,545,626.46
Cash in company's office 4,655.75
Cash deposited in banks . : 1,119,940.05
Bills receivable 22,107.15
Agents' ledger balances 14,482.34
Suspense account 4,079.21
Total net or ledger assets, as per balance. $16,294,202.08
OTHBB A88STS.
•
Interest due and accrued on:
Mortgages $91,061.23
Stocks and bonds 62,990.27
Collateral loans 7,325.86
New
Bu9inea$, BenewaU,
PremiuiuB dae and unreported on policies in
force $90»244.98 $227»«B0.68
Deferred premloms on policies in force 60,881.49 268,749.06
Total $151,186.47 $486,829.78
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320 Life Insubakoe Cobcpanies [Dec. 31,
Dedact ooBt of ooUection $68,011.41 $94,811.49
$88,125.06 $461,918.24
Net amoant of uncollected and deferred premiums $545,043.30
Total assets as per books of the company $17,000,022.74
ITEMS NOT ADMITTED AND DEPBECIATIOIT.
Agents' balances $14#4824I4
Bills recelyable 22,107.15
Suspense accoant 4,070.21
Depreciation from above assets to bring same to mar-
ketyalue 719,288.77
Total items not admitted 759,907.47
Total admitted assets $16,240,715.27
LIABILITIES.
Net present valae of all outstanding policies, com-
puted according to the Actuaries' Table of Mortal-
ity, with 4 per cent, interest $14,696,644.00
Deduct net yalue of re-insured rlbks 268,972.00
Net re-insurance reserve $14,431,072.00
Matured endowments due and unpaid $4,967.00
Death losses and matured endowments not due 66,084^)1
Death losses aud other policy claims resisted 87,687.60
Total policy claims 97,688.61
Premiums paid in advance 14,977.62
Present value of unpaid instalments 380,890.00
Liabilities as to policy-holders $14,875,078.23
Surplus as regards policy-holders 1,865,637.04
Gross liabilities $16,240,715.27
EXHIBIT OP POLICIES.
POLICIES AND ADDITIONS }ff FOBCB DEC. 31, 1894.
Number, Amount,
Whole life policies 20,414 $56,950,278.00
Endowment policies 8,284 20,695,628.00
All other policies 2,204 6,718,624.00
NEW POLICIES ISSUED DTJBINO THE YEAK.
Wliole life policies 8,555 11,434,158.00
Endowment policies 1,072 2,980,068.00
All other policies 236 729,846.00
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1895.]
OF Other States.
321
OLD POLICIES BEVIVBD.
Whole life policies. . .
Endowment policies.
All other policies
OLD POLICIES INCBBASED.
Whole life policies
Endowment policies
22 $69,740.00
11 106,500.00
S 07,500.00
54,025.00
1,875.00
138,695.00
188,500.00
1,586,500.00
Total number and amount 86,430 $101,050,987.00
Deduct policies ceased to be in force 4,180 14,295,779.00
Total in force Dec. 81, 1895 32,250 $87,355,158.00
OLD POLICIES TBANSFEBRBD.
Whole life policies
Endowment policies
All other policies
55
538
Number. Amount.
Whole life poUdes in force 21,481 $99,219,686.00
Endowment policies in force 8t286 20,864,129.00
All other policies in force 2,488 7,2814148.00
Total nnmber and amount. . . . 82,260 $87,866,168.00
TEBMINATED AS FOLLOWS:
By death
maturity
expiry
surrender. . -
lapse 1,429
change and decrease
Not taken
Transfer
857
$1,240,968.00
88
120,455.00
167
493,833.00
487
1,245,495.00
429
5,111,009.00
209
1,284,302.00
790
2,922,783.00
658
1,876,934.00
Total 4,180 $14,295,779.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 31, 1804. .
Policies issued during year. . . .
214
10
Total
Deduct policies ceased to be in force
In force in New Hampshire Dec. 31, 1895
Losses incurred and paid during 1895
224
8
216
Premiums collected or secured without deductions.
21
$362,156.00
19,000.00
$381,156.00
11,240.00
$369,916.00
$1,000.00
$5,839.19
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322 Life Insurance Companies [Dec. 31,
UNION MUTUAL LIFE INSURANCE COMPANY.
Portland, Mainb.
Inoorponted July 17, 1848. Commenoed busineaa October 1. 1819.
Fbed £. Richards, PreHdenL J. Frank Lang, Secretary.
INCOME.
New premlmzuB without deductions $208,908.99
Renewal premlnms without deductions 780,616.23
Premiums paid by diTldends 8,479.01
Premiums paid by surrendered policies 8,742.61
Dividends applied to purchase paid-up additions and
annuities 17,466.94
Surrender values applied to purchase paid-up insur-
ance and annuities 21,704.88
Gash received for annuities 1,100.00
Total $1,048,018.66
Deduct amount paid for re-insurance 2,777.88
Total premium Income $1,040,240.77
Cash received for interest on:
Mortgage loans 79,998.31
Bonds owned and dlyidends on stock 136,307.80
Premium notes, loans, or liens 14,117.54
Other debts due the company 32,786.88
Discount on claims pidd in advance 579.00
Rents for use of company's property 28,115.87
Profits on securities sold 25,988.17
From other sources 635.96
Total income $1,858,713.88
Netor ledger assets Dec. 31, 1894 6,296,453.00
Total $7,650,166.88
DISBIJRSBMENTS.
Cash paid for losses and additions $489,618.84
Cash paid for matured endowments and additions. . . 188,280.77
Claims on instalment policies 189.16
Gross amount paid for losses and endowments $628,088.76
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1895.]
OF Other States.
328
Cash paid to annaitants $406.50
Premium notes, voided by lapse 11,527.94
Collateral loan notes, voided by lapse 600.00
Cash diyldends psAd policy-holders 5,126.35
applied to pay running premiums 8,479.01
applied to purchase paid-up additions and
annuities 17,466.94
Surrender values paid in cash 41,203.21
applied to pay running premiums 3,742.61
applied to purchase paid-up insurance
and annuities 21,704.88
{Total paid policy-holders $788,296.29)
Commissions to agents 174,066.80
Salaries and traveling expenses of agents 74,053.47
Medical examiners' fees 26,604.55
Salaries of officers and office employes 54,445.48
Taxes and fees 29,719.60
Rent 16,530.67
Commuting commissions 2,787.72
Furniture and fixtures for offices 954.23
Advertising and printing. 20,724.40
Expenses and losses on real estate 15,517.02
Legal expenses T,508.61
All other items 15,463.56
Total disbursements during the year $1,176,667.40
Balance Dec. 31, 1895 $6,473,498.98
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $799,151.39
Loans on mortgages of real estate (first liens) 1,394,808.83
Loans on collateral securities 653,557.96
Loans on company's policies as collateral 17,850.00
Premium notes, loans, or liens on policies in force 244,227.85
Cost value of stocks and bonds 3,252,264.63
Cash in company's office 479.49
Cash deposited in banks 94,501.19
Cash in transit (since received) 886.41
Bills receivable 8,856.20
Agents' ledger balances 6,965.58
Total net or ledger assets, as per balance $6,473,496.98
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324
Life Insurance Companies
[Dec. 31,
OTHEB ASSETS.
Interest due and accrued on:
Mortgages
Stocks and bonds
Collateral loans
Premium notes, loans, or liens
Other assets
Rents due and accrued
Market yalue of stocks and bonds over cost
New
Bu$ine$$.
Preminms dae and unreported on polioies in
force $49,097^
Deferred preminms od policies in force 22,288.72
Total $71,886.04
Dedact cost of collection 14,277.21
$26,580.74
38,914.81
2,714.05
7,9&5.15
1,186.61
71,755.75
Renewals.
$88,806.81
62,068.45
$146,295.26
20,250.05
$57,108.88 $117,086.21
Net amount of uncollected and deferred premiums
Forborne premiums to be deducted in settlement of policy-
claims
Total assets as per books of the company
ITEMS NOT ADMITTED.
Agents' balances $6,066JS3
Bills receivable 8356.20
174,145.04
641.44
$6,797,891.05
Total items not admitted.
15,821.73
Total admitted assets $6,781,569.82
LIABILITIES.
Net present value of all outstanding policies, computed
according to the Actuaries* Table of Mortality, with 4
per cent, interest
Matured endowments dne and unpaid $8,815.96
Death losses and matured endowments not dne 66,676JB
Death losses and other policy claims resisted 2,000.00
Death losses reported, no proofs received 27,917.25
$6,257,505.00
Total policy claims
Unpaid dividends of surplus due policy-holders.
Premiums paid in advance
Present value unpaid Instalments
Contingent reserve
Bills payable
.... 93,906.58
3,235.72
605.89
1,924.10
130.26
1,000.00
.... $6,358,809.50
423,259.82
Gross liabilities $6,781,569.82
Liabilities as to policy-holders —
Surplus as regards policy-holders.
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1895.] OF Othsb States. 825
PREMIUM NOTE ACCOUNT.
Premium notes, loana, or liens on hand Dec. 81, 18M. . $281,0664)0
Premium notes, loans, or liens reoeived daring the
jear * 6,289.00
Preminm notes, loans, or liens restored by revlTal of
policies 98.00
Total $287,466.00
Deductions during the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims $16,218.00
Purchase of surrendered policies and Toided by lapse 8,877.00
Payment of dividends to policy-holders 8,672.00
Redeemed by maker in cash 1,262.00
Total reduction 24,424.00
Balance of note assets Deo. 81, 1895 $213,042.00
EXHIBIT OF POLICIES.
POLICISB ASD ADDITIONS Uf FOBCS DBCEMBBB 81, 1894.
Nufnber, Amount,
Whole Ufe policies 10,967 $20,606,882.00
Endowment policies 6,075 10,496,065.00
All other policies. 2,608 4,993,729.00
Reversionary additions 215,875.34
NXW POLICIBS ISSUED DUBIV6 THS YBAB.
Whole life policies 4,264 $6,795,956.00
Endowment policies 726 1,092,252.00
OLD POLICIES BBYITED.
Whole life policies 41 54,000.00
Endowment policies 8 9,000.00
Reversionary additions 128.98
OLD POLICIES INCBEASED.
All Other policies 4,358.86
OLD POLICIES TRAKSFEBBBD.
Whole life policies 8 13,500.00
Endowment policies 29 17,848.87
All other policies 569 994,700.00
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326
Life Insurance Companies
[Dec. 31,
ADDITIONS.
$75,610.93
80,456.16
All other policies
Reversionary additions
Total number and amount 25,195 $45,399,848.09
Deduct policies ceased to be in force 4,279 8,467,700.01
Total in force Dec. 31, 1895 20,016 $36,932,148.06
Xumher, Amount.
Whole life policies in force 12,289 $21,822,480.00
Endowment policies in force 6,980 10,280,874.00
AU other poUoies in force 2,688 6,164,164.16
Beversionary additions in force 224,619.92
Total number and amount 20,916 •86,982,148.08
TERMINATED AS FOLLOWS:
By death
maturity
expiry
surrender
lapse
change and decrease.
Not taken
278
$501,574.55
131
134,779.69
347
658,478.00
215
477,726.04
1,981
4,007,000.00
606
1,291,741.73
721
1,396,400.00
Total • 4,279 $8,467,700.01
BUSINESS IK NEW HAMPSHIRE.
Policies in force Dec. 31, 1894.
Policies issued during year . . .
Total
Deduct policies ceased to be in force.
*In force in New Hampshire Dec. 31, 1895.
Losses and claims unpaid Dec. 31, 1894.
Losses incurred during 1805
Total.
Losses and claims paid during 1895
747
246
$857,221.31
260,447.83
993 $1,117,668.64
213 227,628.82
780
$890,039.82
$3,636.45
9,916.94
11 $13,553.39
9 $12,416.94
Premiums collected or secured without deductions:
Cash, $30,330.04; notes or credits, $12.00
* Present valne of Instalment policies, $884,068.82; number, ^
$80,342.04
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1895.] OF Otheb States. 327
UNITED STATES LIFE INSURANCE COMPANY.
New Yobk Citt.
Inoorporated Februaxy, i860. Commenoed baslneBS March 4, 1850.
Geoboe H. Bubfobd, President C. P. Fbalbigh, Secretary.
Cash Capitai<, $440,000.00.
INCOME.
New premlupa without dedaotions $160,106.71
Renewal premiams withoat deduotioiia 910,882.48
Premlnxiia paid by dividends 6,81iJW^
Premiams paid by surrendered polloies 01.16
Dividends applied to purchase paid-ap additions and
annaities. 11,725.85
Surrender values applied to purchase paid-up in- ^
suranoe and annuities 60,844.10
Oash received for annuities 7,877.16
Total $1,164,842.40
Deduct amount paid for re-insuranoe 6,780.68
Total premium income $1,149,111.72
Cash received for interest on:
Mortgage loans 224,572.27
Bonds owned and dividends on stock 75,750.00
Premium notes, loans, or liens 15,878.80
Other debts due the company 6,162.85
Rents for use of oompany^s property 12,614.02
Profits on bonds or stocks sold 3,741.03
Total income $1,487,881.65
Net or ledger assets December 31, 1894 6,764,486.76
Total $8,252,318.41
DISBURSEMENTS.
Oash paid for losses and additions $640,088.04
Cash paid for matured endowments and additions — 60,079.00
Olaims on instalment policies 1,800.00
Gross amount paid for losses and endowments. . . . 9611,812.04
Beceived for losses or olaims on policies re-insured. . 6,0CO.00
Net amount paid for losses and endowments $606,312.04
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328
Life Insurance Companies
[Dec. 31,
Cash paid to annuitants $2,508.80
Premium notes voided by lapse 7,802.33
Cash dividends paid policy-holders 13,340.00
applied to pay running premiums 5,315.50
applied to purchase paid-up additions and
annuities 11,725.85
Surrender values paid in cash 58,377.73
applied to pay running premiums 91. 15
applied to purchase paid-up insurance
and annuities 50,344.10
( Total paid policy-holders $764,812.90)
Cash paid stockholders for interest or dividends 30,800.00
Commissions to agents 155,325.76
Salaries and traveling expenses of agents 60,789.06
Medical examiners' fees 16,361.60
Salaries of officers and office employ^ .55,451.86
Taxes and fees 22,865.66
Rent • 25,185.06
Furniture and fixtures for offices 1,459.48
Advertising and printing 28,588.67
Legal expenses 10,279.24
Expenses on real estate 7,800.00
All other items 25,621.28
total disbursements during the year $1,209,290.77
Balance December 31, 1895 $7,043,027.64
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $228,404.30
Loans on mortgages of real estate (first liens) 4,639,650.00
Loans on collateral securites 75,145.58
Loans on company's policies as collateral 307,536.89
Cost value of stocks and bonds 1,683,290.51
Cash in company's office 1,728.46
Cash deposited in banks 131,399.66
Bills receivable 10,349.48
Agents* ledger balances 15,523.27
Total net or ledger assets, as per balance $7,043,027.64
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1895.] OF Other States. 829
OTHXB AeSETS.
Interest due and accrued on :
Mortgages $45,562.90
Stocks and bonds 22,285.85
Collateral loans. 2,029.46
Premium notes, loans, or liens 14,287.29
Other assets 429.16
Market value of real estate oyer cost 13,295.70
Market value of stocks and bonds over cost 29,944.07
Neu> BuHfiM*. Reneuialt.
Premiams due and unreported on polioies
Inforce •22,028^4 $104,069.79
Deferred premiums on polioies In force 9,991.81 97,828JM
Total $82,aao.i6 $901,688.88
Deduct coat of coUection 16310.07 11,682.18
•16,810.08 $190,161.20
Net amount of uncollected and deferred premiums. 206,461.28
Total assets as per books of the company $7,877,263.85
ITEMS NOT ADMITTED.
Affenta* balances •16,628.27
Bills receivable 10,849.48
Total items not admitted 25,872.75
Total admitted assets $7,851,390.60
LIABILITIES.
Net present value of all outstanding policies, com-
puted according to the Actuaries' Table of Mor-
tality, with 4 per cent. Interest $6,681,122.00
Deduct net value of re-Insured risks 62,290.00
Net re-insurance reserve $6,628,882.00
Matured endowments due and unpaid $2,120.00
Death losses and matured endowments not due. . . 20,868^8
Death losses and other policy claims resisted 19,000.00
Death losses reported, no proofs received 62,966.00
Total policy claims 104,988.33
Premiums paid in advance 3,065.68
Due for salaries, rent, and office expenses 5,621.59
All other liabilities 8,220.00
Liabilities as to policy-holders $6,746,697.60
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380
Life Insurance Companies
Dec. 81,
Paid-up capital $440,000.00
Sorplos over capital 165,083.00
Sarplus as regards policy-holders.
Gross liabilities
PREMIUM NOTE ACCOUNT.
$005,683.00
$7,351,380.60
Premiam notes, loans, or liens on hand Deo. 81, 1894 $968,986 JSl
Premium notes, loans, or liens receiTed during the
year 119,409.01
Total
Deductions during the year, as follows: Notes, loans, or
liens used in:
Payment of losses and claims $16,887.02
Parohase of surrendered policies and voided by
lapse 96,198.98
Payment of dividends to policy-holders 91.06
Bedeemed by maker In cash 89,815.22
Total reduction
$388,388.52
80,852.13
Balance of note assets Dec. 31, 1885
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FOBCB DBC. 31, 1884,
Whole life policies
Endowment policies
All other policies
Reversionary additions
NEW POLICIES ISSUED DXTBINQ THE TBAB.
Whole life policies
Endowment policies
All other policies
$307,536.38
OLD POLICIES BEVIVED.
Whole life policies. . .
Endowment policies .
All other policies —
OLD POLICIES INCBEASED AND CHANGED.
Whole life policies
Endowment policies
All other policies
Total number and amount
Deduct policies ceased to be in force
Total in force Dec. 31, 1885
Number.
10,880
1,685
5,883
Amount.
$21,688,388.00
3,034,722.00
17,150,682.00
326,438.00
1,182
237
858
2,677,840.00
534,800.00
2,431,856.00
16
3
154
48,000.00
8,000.00
448,000.00
21
6
22
51,500.00
12,000.00
54,100.00
21,148 $48,465,546.00
3,638 8,582,867.00
17,510 $38,872,578.00
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1895.] OF Other States. 831
Number, Amount.
Whole life policies in force . . . 10,675 $»,960,a88UN>
EndowmentpoUcles in force.. 1,866 8,060,472.00
All other poUoies In force 6,360 14,600,648.00
Beversionary additions in force 222,676.00
Total number and amoont 17,610 $88,872,670UX)
TERMINATED AS FOLLOWS:
By death
maturity
expiry ,
siirrender
lapse
change and decrease.
Not taken
269.
$671,342.00
68
69,299.00
137
656,816.00
200
660,310.00
2.471
6,447,260.00
41
195,640.00
472
1,192,300.00
Total 3,688 $9,592,967,00
BUSINESS IN NEW HAMPSHIRE.
PoUcies in force Dec. 31, 1894 110 $124,180.00
Policies issued during year 19 42,000.00
Total 129 $166, 180.00
Deduct policies ceased to be in force 28 47,600.00
In force in New Hampshire Dec. 31, 1895. . 101 $118,580.00
Losses incurred and paid during 1896 2 $870.00
Premiums collected or secured without deductions $2,267.73
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332 LiF£ Insurance Companies [Dec. 31,
WASHINGTON LIFE INSURANCE COMPANY.
New York City.
Incorporated January, 1800. Commenced baslness February 3, 1800.
W. A. Bbewsb, Jb., Preiident William Haxtuk, Seerekary.
Cash Capital, $125,000.00.
INCOME.
New preminma without deduotiona $180,682.01
Benewal premiums without deduotiona 1,601,844.01
Premiuma paid by dlvldenda 00,112.00
Dividends applied to purchase paid-up additions
and annuities 117,9664)0
Surrender values applied to purchase paid-up Insur-
ance and annuities 163,068J»
Cash received for annuities 96,700.44
Total premium Income $2,087,791.66
Cash received for Interest on:
Mortgage loans 505,000.37
Bonds owned and dividends on stock. 22,684.00
Other debts due the company 56,888.68
Discount on claims paid in advance 8,344.81
Rents for use of company^s property 15,668.62
Profits on real estate sold 1,570.51
Total income $2,698,810.55
Net or ledger assets Dec. 31, 1894 12,874,400.53
Total $15,573,211.06
DISBURSEMENTS.
Cash paid for losses and additions $882,841.12
Cash paid for matured endowments and additions. . . . 840,786.80
Gross amount paid for losses and endowments $1,242,127.01
Cash paid to annuitants 12,366.29
Return premiums 2,628.13
Cash dividends applied to pay running premiums 90,112.90
applied to purchase paid-up additions and
annuities 117,866.00
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1895.] OF Other States. 888
Surrender values paid in cash $184,817.17
applied to purchase paid-up insurance
and annuities 162,068.50
{Total paid policy-holders $1,811,691.09)
Cash paid stockholders for interest or dividends 8,750.00
Commissions to agents 186,037.68
Salaries and traveling expenses of agents 96,194.57
Medical examiners* fees 18,534.82
Salaries of officers and office employes 96,040.38
Taxes and fees 26,169.06
Rent 10,600.00
Advertising and printing 83,137.96
Losses on sales of real estate 3,164.10
All other items 31,667.69
Total disbursements during the year $2,320,776.73
Balance Dec. 31, 1895 $13,252,434.35
Invested in the following:
ASSETS, AS PER LEDGER ACCOUNTS.
Cost value of real estate unincumbered $577,409. 16
Jjoans on mortgages of real estate (first liens) 10,336,210.68
Loans on collateral securities 327,000.00
Loans on company^s policies as collateral 511,060.03
Cost value of stoclcs and bonds 688,040.21
Cash in company's office 22,450.50
Cash deposited in banks 768,446.13
Agents* ledger balances 21,818.65
Total net or ledger assets, as per balance $13,252,484.35
OTHSB ASSXTB.
Interest due and accrued on:
Mortgages $116,323.65
Stocks and bonds 2,162.00
Collateral loans 11,374.86
Market value of stocks and bonds over cost 35,759.79
Ntw BuHnett. Renewals,
Premiams due and onreported on policies
inforoe $28,812.18 $70,166.02
Deferred premiams on policies in force . . 28,087.65 177,480.12
Total $62,240Jn $247,616.74
Dedaot cost of coUection 27,169.91 18,866.48
$26,079.92 $288,749.20
Net amount of uncollected and deferred premiums 268,829.18
Total assets as per books of the company $13,676,883.82
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384 Life Insurance Companies [Dec. 31,
ITBMS NOT ADMITTED.
Agents* balances $21,818.65
Total admitted aesets $13,655,066.17
LIABILITIES.
Net present yalue of all outstanding policies, computed
according to the Actuaries* Table of Mortality, with 4
per cent interest $13,058,185.00
Death losses dne and onpaid $12,482.10
Mmtared endowments due and unpaid 9,178.01
Death losses and matured endowments not dne 20,792.10
Death losses reported , no proofs received 21,284.90
Total policy claims 63,687.11
Premiums paid in advance 8,198.85
All other liabilities 1,760.00
Liabilities as to policy holders $13,131,770.06
Paid up capital $125,000.00
Surplus over capital 398,204.21
Surplus as regards policy holders 523,294.21
Gross liabilities $13,655,065.17
EXHIBIT OF POLICIES.
POLICIES AND ADDITIONS IN FOBCE DXCEMBEB 31, 1894.
Number, AmoufU.
Whole life policies 15,188 $30,490,653.00
Endowment policies 9,460 18,200,520.00
Reversionary additions 036,924.00
NEW POLICIES IBSTJBD DUBIN0 THE TBAB.
Whole Uf e policies 8,046 5,196,781.00
Endowment policies 799 1,349,707.00
OLD POLICIES REVIVED.
Whole life policies 477 966,072.00
Endowment policies 168 809,80a00
Reversionary additions 12,309.00
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1896.] OF Other States. 335
ADDITIONS BY DIVIDENDS.
Reyersionary addittons $161,921.00
Total number and amount 20,188 $57,625,587.00
Deduct policies ceased to be in force 4,868 9,029,788.00
Total in force Dec. 81, 1896 24,765 $48,595,749.00
Number. Amount.
Whole life poUcies in force 15,586 $80,067,161.00
Endowment polioies in force 9,229 17,600,968.00
BeTersionary additions in force 907,620.00
Total number and amount 24,786 $48,606,749.00
TEBMINATED AS FOLLOWS.*
By death 869 $874,755.00
maturity 179 277,857.00
discount 57 109,988.00
surrender 1,088 2,428,896.00
lapse 2,242 4,208,548.00
Not taken 488 1.184,74a00
Total 4,868 $9,029,788.00
BUSINESS IN NEW HAMPSHIRE.
Policies in force Dec. 81, 1894 44 $69,805.00
Policies issued during the year 74 106,262.00
Total 118 $175,567.00
Deduct policies ceased to be in force 16 19,082.00
In force in New Hampshire, Dec. 81, 1895 102 $156,585.00
Losses incurred and paid during 1895 1 $1,000 00
Premiums collected or secured without deductions $8,065.60
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JISSESSMENT, LIFE, AND CASUALTY COMPAHIES.
ABSTRACTS OF STATEMENTS DEC. 31, 1896.
22
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838 AssESSMBNT, Life, and [Dec. 31,
HARTFORD LIFE AND ANNUITY INSURANCE
COMPANY.
Habtfobd, Conn.
Incorporated May, 1866. Coinme&c«d baslnefls April, 1867.
R. B. Pabkbb, PreHdent. Stephbn Ball, Secretary.
INCOME.
Membership fees without deductions $80,415.00
Annual dues as per contract 259,184.77
Assessments, mortuary, $1,842,707.22; expense, $27,088.26 1,870,640.48
Medical examiners' fees paid by applicant 28,137.44
Interest 57,455.84
Advance x>ayment8 7,058.90
Received for accumulated safety fund 58,148.50
Total Income $1,851,985.93
Balance on hand Dec. 31, 1894 1,473,061.26
Total net resources $8,324,997.19
DISBURSEMENTS.
Losses and claims $1,270,773.79
Advance payments applied 7,780.90
Membership dividends applied 104,047.08
Dividends to stockholders 20,00a00
Salaries and commissions to agents 159,481.26
Salaries of officers and employ^B 71,600.69
Medical examiners' fees 26,455.84
Advertising and printing 9,662.98
All other 49,612.65
{Total expenses qf management $386,818.37)
Total disbursements $1,719,415.14
Balance $1,605,582.05
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1895.] Casualty Cokpanibs. 389
NET OR INVESTED ASSETS.
Cost value of real estate unincambered. . . $20,482.08
Loans on mortgages 17,800.00
Cost value of bonds and stocks owned 160,448.01
Cash in office 8,664.02
Cash in bank 211,320.08
Cash deposits on emergency or reserve fund account 1,188,471.06
Total net or invested assets $1,605,582.06
Less depreciation 28,248.88
Total net or invested assets $1,582,888.72
NON-INVESTED ASSETS.
Interest accrued $1,043.28
Gross assets $1,583,382.00
X LIABILITIES.
Accumulated safety fund $1,183,471.06
Losses adjusted, due and unpaid 250.00
Taxes due and accrued 8,552.41
Advance assessments 3,427.16
Mortality fund and reserve 02,602.78
Total actual liabilities 1,288,303.40
Balance, net assets $204,968.60
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments due and unpaid $240,000.00
for losses unadjusted 82,000.00
for losses resisted 12,000.00
Total due from members $834,000.00
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (03) $240,000.00
reported (27) 82,000.00
resisted (3) 12,000.00
Total contingent mortuary liabilities $334,000.00
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340 AssEssifSNT, Life, and [Dec. 31,
EXHIBIT OF CBRTIFICATES OE POLICIES.
Number. Anymnt.
CertificateB or policies in force Dec. 31, 18M 40,749 $87,386,500.00
Certificates or policies written during the year 6,900 11,550,400.00
Total 47,748 $98,886,900.00
Certificates or policies ceased to be in force 5,110 9,400,200.00
Certificates or policies in force Dec. 31, 1895. . . 42,638 $89,486,700.00
Losses and claims unpaid Dec. 31, 1894 114 $258,500.00
Losses and claims incurred during year 1895 516 1,367,000.00
Total 630 $1,626,500.00
Losses and claims paid during 1895 504 1,270,773.79
Losses and claims unpaid Dec. 31, 1895 126 $354,726.21
Certificates or policies terminated by death 580 $1,367,000.00
Certificates or policies terminated by lapse 4,530 8,033,200.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 105 $144,000.00
Certificates or policies written during the year 4 4,500.00
Total 109 $148,500.00
Certificates or policies ceased to be in force 3 6,000.00
Certificates or policies in force Dec. 31, 1895 . . 106 $142,500.00
Losses and claims unpaid Dec. 31, 1894
Losses and claims incurred during 1895 1 $2,000.00
Losses and claims paid during 1895 1 $2,000.00
Certificates or policies terminated by death 1 $2,000.00
Certificates or policies terminated by lapse 2 4,000.00
Gross amount paid by New Hampshire members without
deductions $3,643.00
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1895.] Casualty Companies. 341
MASSACHUSETTS BENEFIT LIFE ASSOCIATION.
Boston, Mass.
Incorporated Febniary 8, 1878. Commenced business October 18, 1879.
Georob a. Litchfield, President. E. S. Litchfield, Secretary.
INCOME.
Membership fees without deductions $268,179.48
Annual dues as per contract 237,535.79
Assessments 2,206,761.46
Interest 28,654.06
Received from all other sources 1,708.78
Total income $2,782,889.52
Balance on hand Dec. 81, 1894 1,160,873.89
Total net resources $8,893,713.41
DISBURSEMENTS.
Losses and claims $1,708,958.34
Dividends paid policy-holders 424,269.14
Salaries and commissions to agents 329,015.39
Salaries of officers and employes 55,887.87
Medical examiners' fees. 58,814.41
Advertising and printing 44,019.82
Another 195,435.17
{Total expenses qf management $683,172.16)
Total disbursements $2,811,399.64
Balance $1,082,313.77
NET OR INVESTED ASSETS.
Cost value of real estate unincumbered $198,430.72
Loans on mortgages 221,901.69
Loans on collateral securities 27,653.12
Cost value of bonds and stocks owned 324,904.50
Cash in office 10,476.11
Cash in bank 219,276.17
Agents' ledger balances 78,671.46
Special deposit, Missouri insurance department 1,000.00
Total net or invested assets $1,062,313.77
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342 Assessment, Life, and [Dec. 31,
NON-INVESTED ASSETS.
Interest accrued $4,8^*39
Market value of stocks and bonds over cost 16,059.25
Market value of real estate over cost 10,319.28
Supplies on hand, office fixtures, etic 13,860.33
Premiums in transit from foreign department . . 37,958.91
Total non-invested assets $83,097.16
Gross assets $1,166,410.93
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments for losses reported $675,000.00
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (102) $359,083. 13
in process of adjustment (35) 82,531.94
reported (30) 76,800.00
resisted (7) 29,000.00
Total contingent mortuary liabilities $546,915.07
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Anuntnt.
Certificates or policies in force Dec. 31, 1894 89,880 $106,889,455.00
Certificates or policies written during year 19,613 20,121,350.00
Total ^9,493 $127,010,805.00
Certificates or policies ceased to be in force 7,553 14,442,025.00
Certificates or policies in force Dec. 31, 1895 51,940 $112,568,780.00
Losses and claims unpaid Dec. 31, 1894 153 $485,909.70
Losses and claims incurred during year 1895 — 670 1,907,800.00
Total 823 $2,393,209.70
Losses and claims paid during 1895 649 1,846,294.63
Losses and claims unpaid Dec. 31, 1895 174 $546,915.07
Certificates or policies terminated by death 596 $1,823,575.00
Certificates or policies terminated by lapse. . . . 6,883 12,451,000.00
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1895.] Casualty Companies. 343
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894 827 $1,979,250.00
Certificates or policies written daring the year. . 12 18,500.00
Total 889 $1,997,750.00
Certificates or policies ceased to be in force 07 148,000.00
Certificates or policies in force Dec. 81, 1895 772 $1,849,750.00
Losses and claims Incurred daring 1895 38 $75,660.00
Losses and claims paid daring 1895 26 50,286.00
Losses and claims unpaid Dec. 81, 1895 7 $25,264.00
Certificates or policies terminated by death 81 $74,000.00
Certificates or policies terminated by lapse 84 71,000.00
Gross amount paid by New Hampshire members without
deductions $36,178.85
MUTUAL RESERVE FUND LIFE ASSOCIATION.
New Yobk City.
Incorporated 1876. Commenced bnsiness Febmary 9, 1881.
Fbedebick H. Bubstham, President. Chables W. Camp, Secretary,
INCOME.
Membership fees without deductions $828,740.92
Annual dues as per contract 788,287.59
Mortuary assessments 4,072,489.44
Medical examiners' fees paid by applicant 68,726.00
Interest 148,544.01
Rents 154,084.26
All other sources 19,459.84
Total income $5,575,281.56
Balance on hand Dec. 81, 1894 4,246,148.90
Total net resources $9,821,425.46
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344 Assessment, Life, and [Dec. 31,
DISBUBSEMENTS.
Losses and claims $4,064,074.02
Cash dividends to policy holders 9,972.64
Advance payments returned 1,028.29
Salaries and commissions to agents 658,701.96
Salaries of officers and employes 445,042.82
Medical examiners' fees 81,431.84
Advertising and printing 140,602.82
All other 582,658.92
{Total expenses qf management $1,758,433.86)
Total disbursements $5,854,109.21
Bal ance $8,967,316.25
NET OB INVESTED ASSETS.
Cost value of real estate unincumbered $526,657.92
Loans on mortgages 1,844,200.00
Cost value of bonds and stocks owned 262,617.83
Agents* ledger balances 314,462.59
Cash in office 632.94
Cash in bank 977,104.20
Total net or invested assets. $8,925,675.48
NON-INVESTED ASSETS.
Interest due and accrued $20,450.09
Bents due and accrued 7,027.03
Market value of stocks and bonds over cost. 13,383.23
Market value of real estate over cost 8,631.46
Total non-invested assets 49,441.81
Gross assets $3,975,117.29
LIABILITIES.
Advance assessments $142,594.04
Dividend obligations 314,396.24
Total actual liabilities 456,990.28
Balance, net assets $3,518,127.01
CONTINGENT MOBTUABY BESOUBCES.
Mortuary assessments called, not yet due $1,458,914.90
due and unpaid 72,680.99
Annual and expense dues called, not yet due 170,838.65
Total due from members. $1,702,434.54
Deduct estimated cost of collection 170,243.45
Net amount due from members $1,532,191.09
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1895.] Casualty Companies. 345
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (99) $837,450.00
in process of adjustment (118) 425,939.22
resisted (14) - 74,760.00
All other contingent liabilities 784,059.00
Total contingent mortuary liabilities $1,622,208.22
EXHIBIT OP CERTIFICATES OR POLICIES.
Number, Amount.
Certificates or policies in force Dec. 31, 1894 . 96,067 $293,366,106.00
Certificates or policies written during year 23,526 59,738,790.00
Total 119,593 $353,104,896.00
Certificates or policies ceased to be in force 13,715 44,446,525.00
Certificates or policies in force Dec. 31, 1895. . . 105,878 $306,659,371.00
Losses and claims unpaid Dec. 31, 1894 258 $942,030.16
Losses and claims incurred during year 1895 1,206 3,973,850.00
Total 1,464 $4,915,880.16
Losses and claims paid during 1895 1,110 4,084,074.92
Losses and claims unpaid Dec. 31, 1895 354 $881,805.24
Certificates or policies terminated by death 1,206 $3,973,850.00
Certificates or policies terminated by lapse 7,759 23,134,825.00
Certificates or policies not taken during 1895 4,750 17,336,850.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 41 $144,000.00
Certificates or policies written during the year 52 150,000.00
Total 93 $294,000.00
Certificates or policies ceased to be in force 7 13,500.00
Certificates or policies in force Dec. 31, 1895. . . 86 $280,500.00
Losses and claims incurred during 1895 1 $2,000.00
Losses and claims paid during 1895. ... 1 2,000.00
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346 Assessment, Life, and [Dec. 31,
Certificates or policies terminated by death 1 $2,000.00
Certificates or policies terminated by lapse 5 9,500.00
Certificates or policies not taken during 1805 1 2,000.00
Gross amount paid by New Hampshire members without
deductions $4,188.31
NATIONAL LIFE ASSOCIATION.
Habtfobd, Cokk.
Incorporated April, 1886. Commenced business March, 1888.
D. S. Fletchbb, President H. T. Bbamak, Secretaiy.
INCOME.
Assessments, mortuary, $446,748.68; expense, $299,341.78. . $746,065.46
Interest 12,640.09
Rents 1,569.45
All other sources 21,203.88
Total income $78i;498.88
Balance on hand Dec. 31, 1894 252,369.98
Total net resources $1,038,868.76
DISBUBSSHBKTS.
Losses and claims $397,340.00
Paid for surrendered policies 12,545.95
Dividends to policy-holders 10,208.57
Dividends to stockholders 3,000.00
Salaries and commissions to agents 209,046.36
Salaries of officers and employes 32,708.55
Medical examiners* fees 10,321.00
Rent and taxes 4,997.95
Advertising and printing 8,760.25
All other 26,559^
(Total expenses qf management ,.. $290,393.43)
Total disbursements $710,487.95
Balance $323,380.81
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1895.] Casdaltt Companies. 347
NET OE INVESTED ASSETS.
Cost value of real estate unincumbered $88,600.00
Loans on mortgages 76,447.00
Loans on collateral securities 45,176.14
Cost value of stocks and bonds 90,079.57
Cash in office 6,492.79
Cash in bank 7,882.65
Premium notes 5,206.47
Agents' ledger balances 9,046.19
Total net or invested assets $823,380.81
NON-INVESTED ASSETS.
Interest due and accrued $1,718.70
Market value of real estate and stocks and
bonds over cost 7,855.75
Total non-invested assets 9,069.45
Gross assets $882,450.26
LLA.BILITIES.
Special reserve funds 159,842.70
Balance, net assets $172,607.56
CONTINGENT MORTUARY RESOURCES.
Deferred and outstanding premiums in process of collec-
tion, less cost of collection $95,828.87
Net liens on policies in force 6,706,863.71
Total contingent resources $6,801,692.64
CONTINGENT MORTUARY LIABILITIES.
Mortuary liability on all outstanding policies $5,494,628. 19
Losses in process of adjustment (16) 28,455.42
resisted (8) 8,884.46
reported (14) 85,260.12
Total contingent mortuary liabilities $5,556,728. 19
EXHIBIT OF CERTIFICATES OR POLICIES.
Nufnber, Atnount.
Certificates or policies in force Dec. 81, 1894 14,845 $24,647,184.00
Certificates or policies written during year 5,838 11,898,020.00
Total 19,678 $86,540, 154.00
Certificates or policies ceased to be in force 8,277 5,798,654.00
Certificates or policies in force Dec. 81, 1895. . 16,401 $30,741,500.00
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348 AssESSHBirr, Life, and [Dec. 31
LoMcs and claims unpaid Dec. 81, 1894 81 $56,000.00
Losses and claims incurred during year 1805 240 450,867.00
Total 271 $606,367.00
Losses and claims paid during 1805 238 397,34a00
Losses and claims unpaid Dec. 31, 1805 33 $100,027.00
Certificates or policies terminated by death 240 $450,367.00
Certificates or policies terminated by lapse and sur-
render 3,087 6,348,287.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies written during the year 5 $18,000.00
Certificates or policies ceased to be in force 1 10,000.00
Certificates or policies in force Dec. 31, 1806 . 4 $8,000.00
Certificates or policies terminated by lapse 1 $10«000.00
Gross amount paid by New Hampshire members without
deductions $2,050.14
NEW ENGLAND MUTUAL ACCIDENT ASSOCLA.TION.
BosTOK, Mass.
Incorporated February 29, 1884. Oommenced business March, 1884.
Augustus P. Martin, PreHdent, Benjamin P. Dybr, Secretary.
INCOME.
Membership fees without deductions $11,097.96
Annual dues as per contract 368.75
Assessments, mortuary, $72,141.84; expense, $93,540.45. . . 165,682.20
Interest 2,222.55
Total income $180,271.57
Balance on hand Dec. 31, 1894 76,804.75
Total net resources $267,076.32
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DISBURSEMENTS.
Losses and claims. $72,344.56
Advance payments returned 1,069.00
Salaries and commissions to agents 53,030.68
Salaries of officers and employ^. . . ^ 25,744.02
Medical examiners* fees 4,274.84
Adjustment expenses 5,829.99
Rent and taxes 4,101.26
Advertising and printing 4,449.60
AU other 8,610.91
( Total expenses of management $105,541.80)
Total disbursements $178,954.95
Balance $78,121.37
NET OR INVESTED ASSETS.
Loans on mortgages $10,300.00
Cost value of bonds and stocks owned . .- 34,933.10
Cash in office 478.01
Cash in bank 29,469.93
Agents' ledger balances 2,945.33
Total net or invested assets t $78,121.37
NON-INVESTED ASSETS.
Interest accrued $814.69
Market value of stocks and bonds over cost 61.90
Total non-invested assets 376.59
Gross assets r $78,497.96
LIABILITIES. '
Taxes due and accrued . . $200.00
Advance assessments 232.24
All other (not including contingent mortuary) 500.00
Total actual liabilities 932.24
Balance, net assets $77,565.72
CONTINGENT MORTUARY AND INDEMNITY RESOURCES.
Assessments called, not yet due $5,030.00
for losses resisted 29,800.00
for losses reported 719.49
for losses unadjusted 5,158.18
Total due from members $40,707.67
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350 A88B88MEKT, LiFB, AND [DeC. 31,
CONTINGENT MORTUARY LIABILITIES.
LosBes adjusted, not yet due (1) $2,000.00
in process of adjustment (45) 6,158.18
reported (28) 719.49
resisted (10) 29,800.00
Total contingent mortuary liabilities. $87,677.67
EXHIBIT OF CERTIFICATES OR POLICIES.
Kwnh9r. Aiaumnt.
Certificates or policies in force Dec. 81, 1894 11,927 $65,444,850.00
Certificates or policies written during? the year 5,761 27,119,050.00
Total 17,688 $92,563,400.00
Certificates or policies ceased to be in force 6,667 80,517,850.00
Certificates or policies in force Dec. 81, 1895. . 11,021 $62,045,550.00
Losses and claims unpaid Dec. 81, 1894 5 $9,095.88
Losses and claims incurred during year 1895 1,014 95,048.73
Total 1,019 $104,144.56
Losses and claims paid during 1895 1,008 72,344.56
Losses and claims unpaid Dec. 81, 1895 11 $31,800.00
Certificates or policies terminated by death 9 $35,000.00
Certificates or policies terminated by lapse. .... . 6,658 80,482,850.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 48 $283,000.00
Certificates or policies written during the year — 55 281,450.00
Total 103 $514,460.00
Certificates or policies ceased to be in force 20 50,900.00
Certificates or policies in force Dec. 81, 1895. . . 83 $463,550.00
Certificates or policies terminated by lapse 20 $50,900.00
Gross amount paid by New Hampshire members without
deductions $1,119.50
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1895.] Casualty Companies. 361
NORTHWESTERN MASONIC AID ASSOCIATION.
Chicago, III.
Incorporated Jane 27, 1874. Commenced business July, 1874.
Dahibl J. Avery, President, Chablks A. Capwell, Secretary,
INCOME.
Assessments, mortuary, $1,758,017.86; expenses, $441,403.29 $2,194,511.14
Interest 18,700.66
All other sources 886,848.81
Total income $2,560,120.61
Balance on hand Dec. 31, 1894 762,420.09
Total net resources $8,812,540.70
DISBURSEMENTS.
Losses and claims $1,945,000.00
Advance assessments — 4,210.69
Salaries and commissions to agents 240,209.64
Salaries of officers and employes 129,598.31
Medical examiner's fees 26,373.68
Rent. 17,905.84
Advertising and printing 11,866.09
All other 67,854.51
{Total expenses qf management $497,518.76)
Total disbursements $2,442,518.76
Balance $870,021 . 94
NET OR INVESTED ASSETS.
Loans on mortgages $79,900.00
Cost value of bonds and stocks owned 895,661.79
Cash in office 100.00
Cash in bank 828,872.52
Agents* ledger balances 65,487.68
Total net or invested assets $870,021.94
Less depreciation 844.29
Total net or invested assets $869,177.65
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NON-INVESTED ASSETS.
Interest accrued $3,271.38
Gross assets $872,449.04
LIABILITIES.
Losses adjusted, due and unpaid $14,000.00
Advance assessments 18,418.44
Advance insurance fund 10,762.75
All other 8,120.04
Total actual liabilities $55,302.13
Balance, net assets $817,146.91
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments due and unpaid .,. $45,000.00
for losses resisted 28,000.00
for losses reported 204,000.00
for losses adjusted, not due 214,00a00
for losses unadjusted 16,000.00
Total due from members $507,000.00
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (69) $214,000.00
in process of adjustment (4) 16,000.00
reported (68) 204.00a00
resisted(lO) 28,000.00
' Total contingent mortuary liabilities $462,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount.
Certificates or policies in force Dec. 31, 1894 48,061 $141,154,500.00
Certificates or policies written during year 7,580 15,169,000.00
Total 55,661 $156,823,500.00
Certificates or policies ceased to be in force 10,665 26,889,000.00
Certificates or policies in force Dec. 31, 1895. 44,996 $129,434,500.00
Losses and claims unpaid Dec. 31, 1894 129 $436,200.00
Losses and claims incurred during year 1895 — 627 1,993,000.00
Total 756 $2,429,200.00
Losses and claims paid during 1895 597 1,945,000.00
Losses and claims unpaid Dec. 31, 1895 159 $484,200.00
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1895.] Casualtt Companies. 853
Certificates or policies expired by limitation — 3 $8,200.00
Certificates or policies terminated by death 627 1,993,000.00
Certificates or policies terminated by lapse 9,292 23,460.0
Certificates or policies not taken during 1896. ... 746 1,436,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 33 $72,000.00
Certificates or policies written during the year. . 14 53,500.00
Total 47 $126,500.00
Certificates or policies ceased to be in force 8 30,000.00
Certificates or policies in force Dec. 31, 1896. 39 $96,500.00
Certificates or policies not taken during 1896 1 $5,000.00
Certificates or policies terminated by lapse 7 25,000.00
Gross amount paid by New Hampshire members
without deductions $1,651.86
SECURITY MUTUAL LIFE ASSOCIATION.
BiNGHAKTON, N. Y.
Incorporated NoTember 6, 1886. Commenced business January 8, 1887.
Henry J. Reinmund, President Chablbs M. Tubnbb, Secretary,
INCOME.
Assessments, mortuary, $160,681.83; expense, $190,401.44.. $350,063.27
Medical examiners^ fees paid by applicant 1,061.00
Interest 8,888.71
Rents 1,046.86
All other sources 88,168.40
Total income $401,148.88
Balance on hand Dec. 81, 1894 274,126.07
Total net resources $675,278.40
28
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854 Assessment, Life, and [Dec. 31,
DISBURSEMENTS.
Losses and claims $75,290.58
Payments to members 6,320.65
Salaries and commissions to agents 136,873.86
Salaries of officers and employes 15,965.84
Medical examiners' fees paid by the association 11,958.00
Bent and taxes 6,836.72
Advertising and printing 5,972.75
AU other 50,996.82
(Total expenaea of management $227,103.99)
Total disbursements $308,721.22
Balance $366,552.18
NET OR INVESTED ASSETS.
Cost value of real estate unincumbered $8,566.45
Loans on mortgages 108,800.00
Loans on collateral securities 600.00
Cost value of bonds and stocks owned 6,000.00
Cash in office 6,616.03
Cash in bank 101,847.53
Agents' ledger balances 60,122.17
Total net or invested assets $366,552.18
NON-INVESTED ASSETS.
Interest due and accrued $2,738.87
Bents accrued 50.00
Market value of stocks and bonds over cost . . 25.85
Total non-invested assets 2,814.72
Gross assets $369,366.90
LIABILITIES.
Salaries and office expenses due and accrued $3,523.15
All other, not including contingent mortuary 6,007.40
Total actual liabilities 9,530.55
Balance, net assets $359,886.35
CONTINGENT MORTUARY RESOUBCES.
Mortuary assessments called, not yet due $84,886.00
Deduct estimated cost of collection 2,971.00
Net amount due from members $81,915.00
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1895.] Casualty Companies. 355
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (11) $17,911.70
in process of adjustment (3) 6,000.00
resisted (2) 7,000.00
Total contingent mortuary liabilities $30,911.70
EXHIBIT OP CERTIFICATES OR POLICIES.
Number, Amount,
Certificates or policies in force Dec. 81, 1894 6,134 $18,756,200.00
Certificates or policies written during the year 4,034 10,931,500.00
Total 10, 1 68 $24,687,700.00
Certificates or policies ceased to be in force 1,769 4,560,350.00
Certificates or policies in force Dec. 31, 1896 . . 8,409 $20,187,360.00
Losses and claims unpaid Dec. 31, 1894 4 $28,462.50
Losses and claims incurred during year 1895 38 79,360.00
Total 42 $107,812.50
Losses and claims paid during 1896 37 75,290.58
Losses and claims unpaid Dec. 31, 1895 6 $32,521.92
Certificates or policies terminated by death 38 $79,360.00
Certificates or policies terminated by lapse 1,296 8,253,000.00
Certificates or policies not taken 423 1,218,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies written during the year — 71 $159,500.00
Certificates or policies ceased to be in force 3 $15,000.00
Certificates or policies in force Dec. 81, 1895.'. . 68 $144,500.00
Certificates or policies not taken during 1895 8 $16,000.00
Gross amount paid by New Hampshire members without
deductions $1,180.93
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FRATERNAL BENEFICIARY ASSOCIATIONS.
Abstracts of Statebcents showing theib Standing and Con-
dition Decembeb 31, 1895.
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858
Fraternal Beneficiart Ass'ns.
[Dec. 31,
AMERICAN BENEFIT SOCIETY.
Boston, Mass.
Incorporated January 9, 1888. Commenced business January 17, 1888.
Chab. H. Bubr, PreHdent. Norman P. Cormack, Secretary,
INCOME.
Mortuary assessments $14,710.66
All other 3,423.07
Total income $18,133.73
Balance on hand Dec. 31, 1804 2,070.82
Total net resources $20,213.55
DISBURSEMENTS.
Losses and claims $13,500.00
Salaries of officers and employes 1,408.22
All other 2,776.04
{Total expensee qf management $4,27426)
Total disbursements $17,774.26
Balance $2,439.20
NET OR INVESTED ASSETS.
Cash in office $32.06
Cash in bank 2,407.23
Total net or invested assets $2,480.20
NON-INVESTED ASSETS.
Supplies on hand, office fixtures, etc 387.18
Gross assets $2,776.47
LIABILITIES.
Salaries and office expenses due and accrued $250.24
Balance, netassets
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1895.] Fraternal Beneficiary Ass'ns. 359
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $2,647.54
due and unpaid 95.25
Total due from members $2,742.79
CONTINGENT MORTUARY LIABILITIES.
Losses resisted (1) $2,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount,
Certificates or policies in force Dec. 81, 1894 1,812 $1,876,500.00
Certificates or policies written during year 782 718,750.00
Total 2,644 $2,595,260.00
Certificates or policies ceased to be in force 473 416,760.00
Certificates or policies in force Dec. 31, 1895. . 2,071 $2,179,600.00
Losses and claims incurred during year 1895 14 $16,600.00
Losses and claims paid during 1895 13 18,500.00
Losses and claims unpaid Dec. 81, 1896 1 $2,000.00
Certificates or policies terminated by death 14 $18,600.00
Certificates or policies terminated by lapse 473 415,760.00
BUSINESS IN NEW HAMPSHIRE.
None.
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360 Fraternal Bbkeficiart Ass'ns. [Dec. 81,
AMERICAN LEGION OF HONOR.
Boston, Mass.
Incorporated March 11, 1879. Commenced bnainese December IB, 1879.
John M. Gwinnbll, Pre9ident Adam Warnock, Secretary,
INCOME.
Membership fees $5,849.75
Assessments, mortuary, $2,766,900.05; expense, $81,680.60. . 2,848,500.45
Interest 24,724.75
AU other 84,388.45
Total income $2,013,197.40
Balance on hand Dec. 81, 1894 500,027.06
Total net resources $8,512,224.46
DISBURSEMENTS.
Lossesand claims $2,545,500.00
Dividends to certificate-holders and relief benefits 288,734.51
Returned to councils 10,487.00
Salaries of officers and employes 26,400.67
All other 44,710.42
(Total es^enses qf management . . $71,201.00)
Total disbursements $2,874,872.60
Balance $637,851.86
NET OR INVESTED ASSETS.
Cost of real estate $00,000.00
Par yalue of bonds and stocks owned 401,000.00
Cash in bank 115,878.06
Total net or invested assets $606,878.05
NON-INVESTED ASSETS.
Market value of real estate over cost $20,000.00
Market value of stocks and bonds over cost. . . 80,472.01
Total non-invested assets 50,472.01
Gross assets $657,851,86
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1895.] Fraternal Beneficiary Ass'ns. 361
LIABILITIES.
Losses adjusted, due and unpaid $66,000.00
AU other 1,249.40
Totel actual liabilities $67,249.40
Balance, net assets $690,102.46
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $225,000.00
for losses reported 224,600.00
Total due from members $449,600.00
CONTINGENT MORTUARY LIABILITIES.
Losses reported (75) $224,600.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number, Amount.
Certificates or policies in force Dec. 81, 1894. .... 66,060 $142,901,600.00
Certificates or policies written during year 8,802 4,966,000.00
Total 69,862 $147,867,600.00
Certificates or policies ceased to be in force 6,662 11,604,600.00
Certificates or policies in force Dec. 31, 1895 68,210 $186,268,000.00
Losses and claims unpaid Dec. 81, 1894 67 $177,000.00
Losses and claims incurred during year 1896 1,006 2,669,000.00
Total 1,078 $2,886,000.00
Losses and claims paid during 1896 970 2,646,600.00
Losses and claims unpaid Dec. 81, 1895 108 $290,600.00
Certificates or policies terminated by death 1,006 $2,669,000.00
Certificates or policies terminated by lapse 6,646 8,946,600.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894. ... 168 $897,000.00
Certificates or policies ceased to be in force 12 14,600.00
Certificates or policies in force Dec. 81, 1896 141 $882,500.00
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362 Fraternal Beneficiary Ass'ns.
Losses and claims incurred daring 1805 3
Losses and claims paid during 1895 2
Losses and claims unpaid Dec. 81, 1895 1
Certaflcates or policies terminated by death 3
Certificates or policies terminated by lapse 9
Gross amount paid by New Hampshire members without
deductions
[Dec. 81,
$7,000.00
8,ooaoo
$1,000.00
$7,ooaoo
7,500.00
$8,041.55
AMERICAN ORDER FRATERNAL HELPERS.
Boston, Mass.
Incorporated July 18, 1802. Commenced bnsineBB An^rast l, 1882.
Samusl p. Tennbt, PreHdent Joshua C. Simhoits, Secretary.
INCOME.
Membership fees $1,110.00
Assessments, mortuary, $10,534.76; expense, $2,858.75. .... 12,803.50
Medical examiners' fees paid by applicant 1,110.00
All other 575.00
Total income $15,688.60
Balance on hand Dec. 31, 1894 026.40
Total net resources $16,614.99
DISBURSEMENTS.
Losses and claims $10,765.35
Salaries of officers and employes 2,595.00
All other 2,530.98
{Total e9Epen8e9 ((f management $5,12^.93)
Total disbursements $16,891.28
Balance $723.71
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1895.] Fraternal Beneficiart Ass'ns. 86S
NET OR INVESTED ASSETS.
Cash in bank $728.71
LIABILITIES.
Borrowed money $500.00
Balance, net assets $228.71
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $1,619.75
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (2) $1,619.75
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount.
Certificates or policies in force Dec. 81, 1894 1,858 $2,184,000.00
Certificates or policies written during the year 555 905,500.00
Total : 1,908 $3,089,500.00
Certificates or policies ceased to be in force 264 510,000.00
Certificates or policies in force Dec.'81, 1895. . . 1,644 $2,579,500.00
Losses and claims unpaid Dec. 81, 1894 1 $8,000.00
Losses and claims incurred during year 1895 15 25,000.00
Total 16 $28,000.00
Losses and claims paid during 1895 16 28,000.00
Certificates or policies terminated by death 16 $28,000.00
Certificates or policies terminated by lapse 248 482,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies written during the year 99 $189,500.00
Certificates or policies terminated by lapse 5 $8,000*00
Gross amount paid by New Hampshire members without
deductions $171.25
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364 Fraternal Beneficiary Ass'ns. [Dec. 31,
SUPREME COUNCIL CATHOLIC BENEVOLENT
LEGION.
Brooklyn, N. Y.
Incorporated September 6, 1881. Oommeneed baalness October U, 1881.
John G. McGuire, PreHdenL John D. Carroll, Secretary.
INCOME.
Mortuary assessments $871,469.74
All other 31,629.00
Total income $902,968.74
Balance on hand Dec. 81, 1894 1,291.29
Total net resources $904,280.03
DISBURSEMENTS.
Losses and claims $871,690.62
Salaries of officers and employes 10,447.00
All other 18,270.83
{Total esEpeMee ttf management $28,717.88)
Total disbursements $900,308.45
Balance $3,971.58
NET OR INVESTED ASSETS.
Cash in office $600.00
Cash in bank 8,971.68
Total net or inyested assets $4,471.68
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (69) $128,882.46
in process of adjustment (37) 79,839.28
reported (16) 26,000.00
resisted (1) 1,000.00
Total contingent mortuary liabilities $230,671.73
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1895.] Fraternal Beneficiary Ass'ns. 865
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount,
Certificates or policies in force Dec. 31, 1894 35,165 $64,470,000.00
Certificates or policies written during year 7,561 9,543,000.00
Total 42,716 $74,022,000.00
Certificates or policies ceased to be in force 1,596 2,669,500.00
Certificates or policies in force Dec. 81, 1895 . . 41,120 $71,279,500.00
Losses and claims unpaid Dec. 31, 1894 47 $98,110.26
Losses and claims incurred during year 1895 524 1,005,902.09
Total 671 $1,099,012.35
Losses and claims paid during 1895 458 868,340.62
Losses and claims unpaid Dec. 31, 1895 113 $280,671.73
Certificates or policies terminated by death 524 $1,009,500.00
Certificates or policies terminated by lapse 1,072 1,657,250.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 14 $24,000.00
Certificates or policies ceased to be in force 1 1,000.00
Certificates or policies in force Dec. 81, 1895 . . 13 $28,000.00
Losses and claims incurred during 1895 1 $1,000.00
Losses and claims paid during 1895 1 $1,000.00
Certificates or policies terminated by death 1 $1,000.00
Gross amount paid by New Hampshire members without
deductions $871.72
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366
Fraternal Beneficiary Ass'ns.
[Dec. 31,
CATHOLIC ORDER OF FORESTERS.
Chicago, III.
Incorporated May M, 1888. Oommenced basinesa May 34, 1888.
Thomas H. Cannon, President, Thbo B. Thiele, Secretary.
INCOME.
Assessments, mortuary, $244,362.98; expense, $23,8.54.72. . . $268,217.70
All other 17,449.63
Total Income $285,667.33
Balance on hand Dec. 31, 1894 4,725.47
Total net resources $290,392.80
DISBURSEMENTS.
Losses and claims $236,857.16
Salaries of officers and employes 14,921.24
All other 18,932.42
{Total expenses of management $33,853.06)
Total disbursements $270,710.82
Balance $19,681.98
NET OR INVESTED ASSETS.
Cash in office $3,388.23
Cash in bank 18,060.17
Total net or invested assets $21,428.40
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments due and unpaid $6,648.89
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (15) $15,000.00
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1895.] Fraternal Beneficiart Ass'ns. 367
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount.
Certiflcates or policies in force Dec. 31, 18d4 29,180 $29,130,000.00
Certificates or policies written during the year .... 8,435 8,435,000.00
Total 37,565 $37,565,000.00
Certificates or policies ceased to be in force 2,718 2,718,000.00
Certificates or policies in force Dec. 31, 1895. . . 84,847 $34,847,000.00
Losses and claims unpaid Dec. 31, 1894 6 $6,000.00
Losses and claims incurred during year 1895 244 244,000.00
Total 250 $250,000.00
Losses and claims paid during 1895 236 236,857.16
Losses and claims unpaid Dec. 31, 1895 14 $13,142.84
Certificates or policies terminated by death 244 $244,000.00
Certificates or policies terminated by lapse 2,474 2,474,000.00
CHRISTIAN BURDEN BEARERS' ASSOCIATION.
Manchester, N. H.
Inoorporated June 16, 1886. Commenced bnslnesB June 21, 18S5.
Fbaitk Bubb, President. C. R. Cbossbtt, Secretary.
INCOME.
Membership fees $133.00
Mortuary assessments 21,899.09
Another 561.70
Total income $22,594.39
Balance on hand Dec. 31, 1894 18,928.58
Total net resources $41,517.97
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368 Fbaternal Beneficiary Ass'ns. [Dec.31,
DISBURSEMENTS.
Losses and claims $14,600.00
Salaries of officers and employes 1,616.96
Another 778.73
{Total expenBt% cf management $2,394.09)
Total disbursements $16,894.09
Balance $24,623.88
NET OR INVESTED ASSETS.
Cash in office $17.73
Cash in bank 24,606. 15
Total net or invested assets $24,623.88
EXHIBIT OP CERTIFICATES OR POLICIES.
Number, AmowKt.
Certificates or policies in force Dec. 31, 1894 1,661 $1,006,000.00
Certificates or policies written diiring year 138 129,000.00
Total 1,794 $1,736,000.00
Certificates or policies ceased to be in force 85 80,500.00
Certificates or policies in force Dec. 31, 1896 . . . 1,709 $1,667,600.00
Losses and claims incurred during year 1896 17 $16,600.00
Losses and claims paid during 1895 16 14,500.00
Losses and claims unpaid Dec. 31, 1896 2 $2,000.00
Certificates or policies terminated by death 17 $16,600.00
Certificates or policies terminated by lapse 68 64,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 292 $286,000.00
Certificates or policies written during the year 23 28,000.00
Total 315 $809,000.00
Certificates or policies ceased to be in force 23 23,000.00
Certificates or policies in force Dec. 31, 1896 ... 292 $286,000.00
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1895.] Fraternal Bbxeficiart Ass'ns. 869
Losses and claims inourred daring 1895 6 $5,000.00
Losses and claims paid during 1895 5 $5,000.00
Certificates or policies terminated by death 5 $5,000.00
Certificates or policies terminated by lapse 18 18,000.00
Gross amount paid by New Hampshire members without
deductions $4,112.05
EQUITABLE AID UNION.
Columbus, Pa.
Inoorporated March 22, 1879. Commenced bosineu April 2S, 1879.
Albert Moroait, President Jambs W. Mebbitt, Secretary,
INCOME.
Annual dues as per contract. $50.47
Assessments, mortuary, $723,790.68; expense, $62,088.82.. 786,720.00
Medical examiners* fees paid by applicant ... 1,869.00
All other 4,737.54
Total income $792,895.01
Balance on hand Dec. 31, 1894 30,188.64
Total net resources $823,063.65
DISBURSEMENTS.
Losses and claims $728,428.67
Advance payments returned 160.80
Return to grand unions 7,280.90
Salaries of officers and employes 49,048.84
All other 16,515.48,
(Total expenses of management $72,845.22)
Total disbursements $801,434.69
Balance $21,648.96
24 ^^^^^''''^''^^
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870 Fraternal and Beneficiary Ass'ns. [Dec. 31,
NET OR INVESTED ASSETS.
Cost of real estate $7,000.00
Cash in bank 21,648.96
Total net or invested assets $2S,64&96
LIABILITIES.
Losses adjusted, due and unpaid $1,820.00
Salaries and office expenses due and accrued — 1,500.00
Total actual liabiUties 2,820.00
Balance, net assets $25,828.96
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $57,805.07
for losses unadjusted 74,000.00
Total due fi*om members $131,806.07
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (247) $318,444.76
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amowni,
Certificates or policies in force Dec. 31, 1894 29,203 $43,511,010.00
Certificates or policies written during year 6,246 7,495,200.00
Total 35,449 $51,006,210.00
Certificates or policies ceased to be in force 5,553 7,500,447.50
Certificates or policies in force Dec. 31, 1895 .... 29,896 $43,505,762.50
Losses and claims unpaid Dec. 31, 1894 169 $199,632.50
Losses and claims incurred during year 1895 988 848,560.93
Total 1,007 $1,048,193.43
Losses and claims paid during 1895 857 728,428.67
Losses and claims unpaid Dec. 31, 1895 150 $319,764.76
Certificates or policies terminated by deatli 514 765,045.00
Certificates or policies terminated by lapse 5,039 6,735,402.50
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1895.] Fraternal Bbneficiart Ass'ns. 871
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 142 $200,062.50
Certificates or policies written during the year — 25 80,125.00
Total 167 $231,087.50
Certificates or policies ceased to be in force 41 54,625.00
Certificates or policies in force Dec. 31, 1895. . . 126 $176,462.50
Losses and claims incurred daring 1805 1 $1,106.25
Losses and claims paid during 1805 1 $1,106.25
Certificates or policies terminated by death 1 $1,106.25
Certificates or policies terminated by lapse 40 53,518.75
Gross amount paid by New Hampshire members without
deductions $3,525.10
UNITED ORDER OF THE GOLDEN CROSS.
Khoxyille, Tenit.
Incorporated Jol j 4, 1876. Commenced business July 4, 1876.
Algernon S. Bangs, President W, R. Cooper, Secretary.
INCOME.
Membership fees $6,616.00
Annual dues 761.20
Assessments, mortuary, $406,776.60; expense, $25,089.03 434,766.53
Medical examiners* fees paid by applicant 8,104.50
All other 3,702.22
Total income $449,040.45
Balance on hand Dec. 31, 1894 21,168.33
Total net resources $470,208.78
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872 F&ATEBKAL BsNEFICIABT Ass'NS. DeC. 31,
DISBIJBSEMENTS.
Losses and claims M12,750.00
Salaries of officers and employes 11,962.07
Another 31,891.34
{Total expenses of management $43,854.01)
Total disbursements $466,604.01
Balance $13,604.77
NET OR INVESTED ASSETS.
Cash in office $13,604.77
LIABILITIES.
Losses adjusted, due and unpaid 2,000.00
Balance, net assets $11,604.77
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $27,000.00
due and unpaid. 4,000.00
for losses unadjusted 27,000.00
Total due from members $58,000.00
CONTINGENT MORTUARY LIABILITIES.
Losses in process of adjustment (3) $5,000.00
reported (19) 83,000.00
resisted (4) 6,000.00
Total contingent mortuary liabilities $44,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount.
Certificates or policies in force Dec. 31, 1894 24,841 $34,967,000.00
Certificates or policies written during year 5,204 7,238,500.00
Total 30,046 $42,195,600.00
Certificates or policies ceased to be in force 2,471 4,206,000.00
Certificates or policies in force Dec. 31, 1895. . . 27,574 $37,987,500.00
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1895.] Fraternal Benbficiart Ass'nb. 878
Losses and claims unpaid Dec. 31, 1894. 41 $62,600.00
Losses and claims incurred during year 1895 255 897,000.00
Total 296 $459,600.00
Losses and claims paid during 1896 269 412,750.00
Losses and claims unpaid Dec. 31, 1895 27 $46,750.00
Certificates or policies terminated by death 27 $46,000.00
Certificates or policies terminated by lapse 2,216 8,811,000.00
BUSINESS IN NEW HAMPSHIKE.
Certificates or policies in force Dec. 81, 1894. 2,667 $3,698,000.00
Certificates or policies written during the year .... 328 438,600.00
Total 2,996 $4,036,600.00
Certificates or policies ceased to be in force 161 281,000.00
Certificates or policies in force Dec. 31, 1896. . . 2,884 $3,756,500.00
Losses and claims unpaid Dec. 31, 1894. 2 $3,000.00
Losses and claims incurred during 1895 29 34,500.00
Total 31 $37,600.00
Losses and claims paid during 1895 28 33,500.00
Losses and claims unpaid Dec. 31, 1896 3 $4,000.00
Certificates or policies terminated by death 29 $84,600.00
Certificates or policies terminated by lapse 132 246,600.00
Gross amount paid by New Hampshire members without
deductions $44,930.89
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874 Fraternal Benrfigiart Ass'ns. [Dec. 81,
ROYAL SOCIETY OF GOOD FELLOWS.
BosToir, Mass.
Inoorporated Febraarj 28, 1882. Commenoed boalness April, 1882.
W. R. Spoonbr, Pre9idenL Jambs W. Swogbr, Secretory.
INCOME.
Membership fees $948.50
Annual dues 18,704.66
Mortuary assessments 838,988.38
All other 8,040.49
Total income $866,761.98
Balance on hand Dec. 81, 1894 5,684.73
Total net resources $872,396.71
DISBURSEMEKTS.
Losses and claims $834,049.16
Salaries of officers and employes 12,792.57
All other 28,684.46
(Total escpeiues cf management $86,477.08)
Total disbursements $870,526.19
Balance $1,870.52
NET OR INVESTED ASSETS.
Cash in office $1,870.52
NON-INYESTED ASSETS.
Ledger accounts $90.50
Supplies on hand, office fixtures, etc 8,435.34
Total non-invested assets 8,525.84
Gross assets $5,396.86
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1895.] Fraternal Beneficiary Ass'ns. 375
LIABILITIES.
Borrowed money $2,500.00
AU other 210.89
Total actual liabilitieg $2,719.89
Balance, net assets $2,676.47
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $27,000.00
due and unpaid 5,800.00
for losses reported 25,500.00
for losses resisted 17,000.00
Total due from members $75,800.00
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (6) $12,000.00
reported (20) 43,000.00
resisted (8) 17,000.00
Total contingent mortuary liabilities $72,000.00
EXHIBIT OP CERTIFICATES OR POLICIES.
Number. Amount,
Certificates or policies in force Dec. 31, 1894 12,870 $27,210,600.00
Certificates or policies written during year 1,007 1,439,500.00
Total 13,877 $28,650,000.00
Certificates or policies ceased to be in force 1,909 8,892,500.00
Certificates or policies in force Dec. 31, 1895 . 11,968 $25,257,500.00
Losses and claims unpaid Dec. 31, 1894 36 $78,000.00
Losses and claims incurred during year 1895 144 345,000.00
Total 180 $423,000.00
Losses and claims paid during 1895 146 334,049.16
Losses and claims unpaid Dec; 31, 1895 34 $88,950.84
Certificates or policies terminated by death 144 $345,000.00
Certificates or policies terminated by lapse 1,765 3,047,500.00
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876 Fraternal Beneficiart Ass'ns. [Dec. 31,
BUSINESS IK NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894 227 $408^500.00
Certificates or policies written during the year 8 2,600.00
Total 280 $471,000.00
Certificates or policies ceased to be in force 10 85,000.00
Certificates or policies in force Dec. ?.l, 1805 . . 211 $486,000.00
Losses and claims incurred daring 1895 2 $5,000.00
Losses and claims paid daring 1805 2 $5,000.00
Certificates or policies terminated by death 2 $5,000.00
Certificates or policies terminated by lapse 17 80,000.00
Gross amount paid by New Hampshire members without
deductions $6,850.50
INDEPENDENT ORDER OF FORESTERS.
Toronto, Canada.
Incorporated July 28, 1881. Commenced business July 1, 1881.
Obonhtatbkha, M. D., PreMewt, J. A. McGiluwbat, Seeretartf.
INCOME.
Membership fees $29,074.00
Annual dues 18,862.50
Assessments, mortuary, $048,000.06; expense, $40,809.15.. . 997,908.23
Another 82,455.06
Totalincome $1,108,849.79
Balance on hand Dec. 81, 1894 1,128,180.54
Total net resources $2,280,486.88
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1895.] Fraternal Beneficiary Ass'xs. 377
DISBURSBMENTS.
Lones and claims $590,880.66
Advance payments returned 126.48
Salaries of officers and employes 69,019.84
Medical examiners* fees 5,020.21
Another 119,874.21
{Total es^enaes qf management $198,413.76)
Total disbursements $788,870.85
Balance $1,452,615.48
NET OR INVESTED ASSETS.
Loans on real estate $1,180,045.90
Cost value of bonds and stocks owned 149,487.45
Cash in bank 170,782.18
Loans to high courts 2,860.00
Total net or invested assets $1,452,615.48
NON-INVESTED ASSETS.
Interest due and accrued 28,968.96
Grossassets $1,481,579.44
LIABILITIES.
Losses adjusted, due and unpaid $19,975.00
Balance, net assets $1,461,604.44
EXHIBIT OF CERTIFICATES OR POLICIES.
JVttmber. Amount.
Certificates or policies in force Dec. 81, 1894 70,055 $86,506,500.00
Certificates or policies written during year 28,988 20,074,000.00
Total 98,998 $115,580,600.00
Certificates or policies ceased to be in force 7,472 7,558,000.00
Certificates or policies in force Dec. 81, 1895. . . 86,521 $106,027,600.00
Losses and claims unpaid Dec. 81, 1894 21 $19,808.84
Losses and claims incurred during year 1895 456 589,500.00
Total $609,808.84
Losses and claims paid during 1895 590,880.66
Losses and claims unpaid Dec. 81, 1895 $18,977.68
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378 Fraternal Beneficiary Ass'ns. [Dec. 31,
Certificates or policies terminated by death 546 $589,500.00
Certificates or policies terminated by lapse 7,016 6,963,500.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894 28 $30,000.00
Certificates or policies written during the year — 258 268,000.00
Total 281 $298,000.00
Certificates or policies ceased to be in force 6 6,000.00
Certificates or policies in force Dec. 31, 1895. . . 275 $287,000.00
Losses and claims incurred during 1895 1 $1,000.00
Losses and claims paid during 1895 1 $1,000.00
Certificates or policies terminated by death 1 $1,000.00
Certificates or policies terminated by lapse 5 5,000.00
Gross amount paid by New Hampshire members without
deductions $1,655.98
KNIGHTS OF COLUMBUS,
New Hayek, Conn.
Incorporated March 89, 1882. Commenced baslneas Febraary 2, 1882.
JoHK J. Phblak, Pretident, David Colwbll, Secretary.
INCOME.
Assessments, mortuary, $96,984.46; expense, $18,432.86;
reserve, $10,018.51 : . . $120,385.83
Ml other 1,219.80
Total income $121,605.63
Balance on hand Dec. 31, 1894 19,180.80
Total net resources $140,786.43
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1895.] Fraternal Beneficiary Ass'ns. 379
DISBURSEMENTS.
Losses and claims $86,866.15
Salaries of officers and employes 6,017.74
All other 7,491.16
{Total expenses qf management $13,506.89)
Total disbursements $100,875.04
Balance $40,411.89
NET OR INVESTED ASSETS.
Cash in office $899.13
Cash in bank 28,486.00
Cash deposits on emergency or reserve fund account 11,076.26
Total net or invested assets $40,411.39
LIABILITIES.
Losses adjusted, due and unpaid $31,000.00
Balance, net assets $9,411.39
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $8,648.46
due and unpaid 6,409.10
for losses resisted 2,000.00
Total due from members $17,057.56
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (6) $6,000.00
resisted (2) 2,000.00
Total contingent mortuary liabilities $8,000.00
EXHIBIT OP CERTIFICATES OR POLICIES.
Number. Amount,
Certificates or policies in force Dec. 81, 1894 8,478 $8,508,000.00
Certificates or policies written during year 2,278 2,286,000.00
Total 10,756 $10,794,000.00
Certificates or policies ceased to be in force 436 436,000.00
Certificates or policies in force Dec. 31, 1895. . . . 10,320 $10,358,000.00
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S80 Fbatebnal Bekeficiary Ass'ns. [Dec. 31,
Losses and claims unpaid Dec. 81, 1894 87 $87,000.00
Losses and claims incurred during year 1805 82 82,000.00
Total 119 $119,00a00
Losses and claims paid during 1805 87 88,866.15
Losses and claims unpaid Deo. 81, 1895 82 $32,188.85
Certificates or policies terminated by death 82 $82,000.00
Certificates or policies terminated by lapse 854 $354,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894 48 $48,000.00
Certificates or policies written during the year 186 186,000.00
Total 184 $184,000.00
Certificates or policies ceased to be in force 5 5,000.00
Certificates or policies in force Dec. 81, 1895. . . 179 $179,000.00
Certificates or policies terminated by lapse 5 $5,000.00
Gross amount paid by New Hampshire members without
deductions $1,885.32
SUPREME LODGE KNIGHTS OF HONOR.
St. LoTTia, Mo.
Incorporated May 20, 1876. Commenced bufiiness January l, 1878.
JoHK MuLUGAH, President. B. F. Nblson, Secretary.
INCOME.
Membership fees $12,185.20
Annual dues 21,695.25
Assessments 4,058,330.88
All other 6,545. 10
Total income $4,098,756.48
Balance on hand Dec. 31, 1804 3,722.84
Total net resources $4,102,478.77
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1895.] Fraternal Beneficiabt Ass'ns. 381
DISBURSEMENTS.
L0B868 and claims $8,044,288.88
Salaries of officers and employes 89,108.80
Another 41,115.82
(Total esq^ense^ mf management $80,270.21)
Total disbursements $4,024,512.54
Balance $77,086.28
NET OR INVESTED ASSETS.
Cash in office $1,075.82
Cash in bank 76,800.01
Total net or invested assets $77,066.28
NON-INYESTED ASSETS.
Bills receivable -$1,525.00
Supplies on hand, office fixtures, etc 0,140.03
Total non-invested assets 10,666.02
Gross assets $88,688.15
LIABILITIES.
Bills payable $6.01
Balance, net assets $88,626.24
CONTINGENT MORTUARY RESOURCES.
Assessments in process of collection $888,820.10
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (48) $87,200.02
in process of adjustment (50) 100,000.00
Total contingent mortuary liabilities « . . $187,200.02
EXHIBIT OF CERTIFICATES OR POLICIES.
Certificates or policies in force Dec. 81, 1804 110,785 $225,422,500.00
Certificates or policies written during year 8,886 14,082,500.00
Total 128,621 $289,455,000.00
Certificates or policies ceased to be in force 13,400 24,106,500.00
Certificates or policies in force Dec. 81, 1805. 115,212 $215,258,600.00
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382 Fraternal Beneficiary Ass'ns. [Deo. 31,
Losses and claims unpaid Dec. 31, ISH 22 $44,733.35
Losses and claims incurred during year 1806 — 2,067 3,966,700.00
Total 2,039 $4,031,433.35
Losses and claims paid during 1895 2,046 3,944,233.33
Losses and claims unpaid Dec. 31, 1895 43 $87,200.02
Certificates or poUcies terminated by death 2,067 $3,988,500.00
Certificates or policies terminated by lapse 11,342 20,208,000.00
BUSINESS IK NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 688 $1,331,000.00
Certificates or policies written during the year. . 10 16,000.00
Total 698 $1,347,000.00
Certificates or policies ceased to be in force 39 67,500.00
Certificates or policies in force Dec. 31, 1895. 659 $1,279,500.00
Losses and claims incurred during 1895 10 $20,000.00
Losses and claims paid during 1895 10 20,000.00
Certificates or policies terminated by death 10 $20,000.00
Certificates or policies terminated by lapse 29 47,500.00
Gross amount paid by New Hampshire members without
deductions $21,666.67
SUPREME LODGE KNIGHTS AND LADIES OF HONOR.
Indianapolis, Ind.
Incorporated April 6, 1878. Commenced basiness September 19, 1877.
L. B. LocKABD, President, C. W. Habvey, Secretary.
INCOME.
Membership fees $11,975.00
Annual dues 26,440.80
Mortuary assessments 1,200,537.45
All other 14,369.34
Total income $1,262,322.59
Balance on hand Dec. 31, 1894 . .*. 83,373.62
Total net resources $1,345,696.21
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1895.] Fraternal Benepiciart Ass'ns. 383
DISBURSEMENTS.
Logses and claims $1,256,826.19
Advance payments returned 122.10
Preliminary organization 16,944.00
Salaries of officers and employes 22,862.90
All other 23,793.81
(Total ex^&Mes of management $63,100.70)
Total disbursements $1,318,549.00
Balance $27,147.21
NET OR INVESTED ASSETS.
Cost value of real estate unincumbered $6,297.70
Cash in office 16,966.84
Total net or invested assets $28,264.54
NON-INVESTED ASSETS.
Bills receivable $22,990.64
Interest due 67.89
Total non-invested assets 28,058.68
Gross assets $46,328.07
LIABILITIES.
Losses adjusted, due and unpaid $38,000.00
Bills payable 68.25
Borrowed money 8,000.00
Taxes due and accrued 233.87
Total actual liabilities 46,302.12
Balance, net assets $20.95
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due. . .,. $81,000.00
due and unpaid 122,292.45
Total due from members $208,292.45
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (92) $115,000.00
in process of adjustment (21) 20,883.84
reported (60) 76,000.00
resisted (3) 4,000.00
Total contingent mortuary liabilities $215,883.34
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884 FsATEBNAL Bbneficiabt Abs'ns. [Dec. 31,
EXHIBIT OF CEBTIFICATES OR POLICIES.
Number. Amount,
CerUflcates or policies in force Dec. 31, 1894 73,348 $88,660,500.00
CertificateB or policies written during year 10,753 11,758,500.00
Total 84,096 $100,418,000.00
Certificates or policies ceased to be in force 7,934 8,978,500.00
Cerdfloates or policies in force Dec. 31, 1895 76,162 $91,439,500.00
Losses and claims unpaid Dec. 31, 1894 246 $299,805.53
Losses and claims incurred during year 1895 989 1,200,854.00
Total 1,235 $1,509,159.58
Losses and claims paid during 1895 1,026 1,255,326.19
Losses and claims unpaid Dec. 31, 1895 209 $253,833.34
Certificates or policies terminated by death 996 $1,219,000.00
Certificates or policies terminated by lapse 6,038 7,759,500.00
BUSINESS IN NEW HAMPSHIBE.
Certificates or policies in force Dec. 31, 1894
Certificates or policies written during the year. .
Total
Certificates or policies ceased to be in force
Certificates or policies in force Dec. 31, 1895
Losses and claims incurred during 1895
Losses and claims paid during 1895
Losses and claims unpaid Dec. 31, 1895
Certificates or policies terminated by death
Certificates or policies terminated by lapse
Gross amount paid by New Hampshire members without
deductions
riRK.
257
6
$272,500.00
8,000.00
268
10
$280,500.00
13,000.00
253
$267,500.00
4
3
$4,000.00
3,000.00
1
3
7
$1,000.00
$3,000.00
10,000.00
$3,869.06
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1895.] Fraternal Benefigiart Ass'ns. 385
ENDOWMENT RANK KNIGHTS OF PYTHIAS.
Chicago, III.
Incorporated October 5, 1876. Commenced bnslness November l, 1877.
J. A. HiNSET, President H. B. Stolte, Secretary.
INCOME.
Membership fees $46,897.15
Annual dues 989,038.83
All other 19,665.37
Total income $1,055,690.85
Balance on hand Dec. 81, 1894. 292,872.22
Total net resources $1,847,963.07
DISBURSEMENTS.
Losses and claims $856,671.66
Certlflcates cancelled 8,710.95
Salaries of officers and employes 34,625.86
Allother. 47,516.98
{Total es^ensea cf management $82,142.83)
Total disbursements $947,425.44
Balance $400,537.68
NET OR INVESTED ASSETS.
Loans on mortgages $57,100.00 .
Loans secured by pledge of bonds, stocks, etc 12,000.00
Cost value of bonds and stocks owned 168,785.00
Cash in office 4,526.44
Cash in bank 158,126.19
Total net or invested assets $890,537.68
NON-INVESTED ASSETS.
Bills receivable $10,000.00
Interest accrued 14,168.63
Market value of bonds and stocks over cost.. 11,645.00
Total non-invested assets 85,708.68
Gross assets $426,246.26
25
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386 Fraternal Beneficiabt Asb'ns. [Dec. 31,
CONTINGENT MORTUARY RESOURCES.
Mortaary assessments due and unpaSd $20,968.80
CONTINGENT MORTUARY LIABILITIES.
Losses in process of adjustment (22) $50,000.00
reported (62) 140,000.00
resisted (84) 91,000.00
Total contingent mortuary liabilities $281,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Nufnber, Amount,
Certificates or policies in force Dec. 31, 1894 36,871 $76,270,000.00
Certificates or policies written during year 8,764 13,563,000.00
Total 45,135 $89,838,000.00
Certificates or policies ceased to be in force 4,147 7,577,000.00
Certificates or policies in force Dec. 31, 1895. . . 40,968 $82,256,000.00
Losses and claims unpaid Dec. 31, 1894 92 $228,000.00
Losses and claims incurred during year 1895 444 962,(XK).00
Total 536 $1,185,000.00
Losses and claims paid during 1895 418 904,000.00
Losses and claims unpaid Dec. 31, 1895 118 $281,000.00
Certificates or policies terminated by death 444 $962,000.00
Certificates or policies terminated by lapse 3,703 6,615,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 229 $433,000.00
Certificates or policies written during year 27 31,000.00
Total 256 $464,000.00
Certificates or policies ceased to be in force 7 15,000.00
Certificates or policies in force Dec. 31, 1895.. . 249 $449,000.00
Losses and claims unpaid Dec. 31, 1894 1 $1,000.00
Losses and claims incurred during 1896 3 8,000.00
Total 4 $9,000.00
Losses and claims paid during 1896 2 3,000.00
Losses and claims unpaid Dec. 81, 1896 2 $6,000.00
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1895.] Fraternal Beneficiary Ass'ns. 387
Certificates or policies terminated by death 3 $8,000.00
Certificates or policies terminated by lapse 4 7,000.00
Gross amount paid by New Hampshire members without
deductions $7,248.80
LOCOMOTIVE ENGINEERS' MUTUAL LIFE AND
ACCIDENT INSURANCE ASSOCIATION.
Cleveland, Ohio.
Incorporated March l, 18M. Commenced basiness March 1, 1804.
A. B. TouNGSON, President. Habbt C. Hats, Secretary,
INCOME.
Membership fees $1,356.87
Assessments, mortuary, $556,809.81; expense, $16,837.77. . . 556,809.81
All other 9,510.06
Total income $567,676.24
Balance on hand Dec. 31, 1894 79,033.52
Total net resources $646,709.76
DISBURSEMENTS.
Losses and claims $.568,500.00
Salaries of officers and employes 21,259.77
All other. 5,914.67
(Total expenses of management $27,174.44)
Total disbursements $595,674.44
Balance $51,035.32
NET OR INVESTED ASSETS.
Cash deposits on emergency or reserve fund account $51,085.3
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888 Fbaternal Beneficiary Ass'ns. [Dec. 31,
CONTINGENT MORTUARY RESOURCES.
Mortuary assesBments called, not yet due $100,500.00
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (67) 100,500.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number, Amount.
Certificates or policies in force Dec. 81, 1894 20,000 $30,000,000.00
Certificates or policies written during year 1,S66 2,049,000.00
Total 21,366 $32,049,000.00
Certificates or policies ceased to be in force 379 568,500.00
Certificates or policies in force Dec. 31, 1895. . . 20,967 $31,480,500.00
Losses and claims unpaid Dec. 31, 1894 67 $100,500.00
Losses and claims incurred during year 1895 379 568,500.00
Total 446 $669,000.00
Looses and claims paid during 1805 379 568,500.00
Losses and claims unpaid Dec. 31, 1895 67 $100,500.00
Certificates or policies terminated by death 379 $568,500.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 67 $100,500.00
Certificates or policies written during the year . . . 5 7,500.00
Total 72 $108,000.00
Certificates or policies ceased to be in force 4 6,000.(K)
Certificates or policies in force Dec. 31, 1895. . . 68 $102,000.00
Losses and claims incurred during 1895 2 $3,000.00
Gross amount paid by New Hampshire members without
deductions $1,598.00
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1895.] Fraternal BEKEPiaART Ass'ns. 389
MERRIMACK COUNTY ODD FELLOWS' MUTUAL
RELIEF ASSOCIATION.
CONCOBD, N. H.
Commenced baslness March 4, 1871.
Horace A. Brown, President John W. Bourlbt, Secretary,
INCOME.
Membership fees $76.50
Mortuary assessments 26,300.70
All other 682.32
Total income $26,909.52
Balance on hand Dec. 31, 1894 12,674.48
Total net resources $39,584.00
DISBURSEMENTS.
Losses and claims • $24,000.00
Salaries of officers and employes 751.02
All others. 656.46
{Total expenses of management $1,407.48)
Total disbursements $25,407.48
Balance $14,176.52
NET OR INVESTED ASSETS.
Cash in office $1,090.18
Cash in bank 13,086.34
Total net or invested assets $14,376.52
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $1,348.20
due and unpaid 61.30
Total due from members $1,409.50
Deduct estimated cost of collection 45.09
Net amount due from members $1,864.41
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890 Fraternal Beneficiary Ass'ns. [Dec. 31,
BUSINESS IN 2raW HAMPSHIRE.
Number. Amount.
Certificates or policies in force Dec. 31, 1894 1,522
Certificates or policies written daring tlie year S2
Total 1,654
Certificates or policies ceased to be in force 54
Certificates or policies in force Dec. 31, 1895 1,500
Losses and claims incurred during 1895 24
Losses and claims paid during 1895 24 $24,000.00
Certificates or policies terminated by death 22
Certificates or policies terminated by lapse 32
Gross amount paid by New Hampshire members without
deductions $26,377.20
Nora. No business transacted outside the state.
NEW ENGLAND ORDER OF PROTECTION.
Boston, Mass.
Incorporated Noyember 12, 1887. Commenced bnsiness NovemlMar 17,1887.
Gbobgb H. Howabd, President Daniel M. Frtk, Secretary.
INCOME.
Membership fees $5,658.00
Annual dues 8,536.40
Mortuary assessments 212,338.43
Medical examiners' fees 8,174.00
All other 1,241.49
Total income $230,948,32
Balance on hand Dec. 31, 1894 16,913.51
Total net resources $247,861.83
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1895.] Fraternal Beneficiary Ass'ns. 891
DISBURSEMENTS.
Losses and claims $224,000.00
Salaries of officers and employes 9,181.00
All other 6,062.89
{Total expenses cf management $15,788.39)
Total disbursements $289,783.39
Balance $8,078.44
NET OR INVESTED ASSETS.
Cash in bank $8,078.44
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $16,064.53
Mortuary fund on hand 809.37
Total due from members $16,863.90
CONTINGENT MORTUARY LIABILITIES.
Losses in process of adjustment (8) $15,000.00
resisted (1) 8,000.00
Total contingent mortuary liabilities $18,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
JVwmbtfr. Amount,
Certificates or policies in force Dec. 31, 1894 15,768 $29,811,000.00
Certificates or policies written during the year 2,817 5,218,000.00
Total 18,685 $35,024,000.00
Certificates or policies ceased to be in force 492 895,000.00
Certificates or policies in force Dec. 31, 1895. . . 18,098 $34,129,000.00
Losses and claims unpaid Dec. 31, 1894 2 $5,000.00
Losses and claims incurred during year 1895 117 237,000.00
Total 119 $242,000.00
Losses and claims paid during 1895 110 224,000.00
Losses and claims unpaid Dec. 31, 1895 9 $18,000.00
Certificates or policies terminated by death 117 $237,000.00
Certificates or policies terminated by lapse 375 666,000.00
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392 Fraternal Bbkeficiart Ass'ns. [Dec. 31 ,
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894 616 $7n,000.00
Certificates or policies written during the year — 02 156,000.00
Total 578 $983,000.00
Certificates or policies ceased to be ifl force 11 16,000.00
Certificates or policies in force Dec. 81, 1895. . . 567 $917,000.00
Losses and claims incurred during 1896 3 $5,000.00
Losses and claims paid during 1895 8 $5,000.00
Certificates or policies terminated by death 8 $5,000.00
Certificates or policies terminated by lapse 8 11,000.00
Gross amount paid by New Hampshire members without
deductions $5,629.85
NEW HAMPSHIRE ODD FELLOWS* MUTUAL RELIEF
ASSOCIATION.
Manchbbtbb, N. H.
Commenoed baslness February 8, 1890.
JowN A. Gliddek, Pretident. S. C. Gould, Secretary.
INCOME.
Annual dues $885.00
Mortuary assessments 7,288.60
All other 100.90
Total income $7,724.56
Balance on hand Dec. 81, 1894 6,665.88
Total net resources $18,890.39
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1895.] Fraternal Beneficiary Ass'ns. 398
DISBURSEMENTS.
Losses and claims $6,800.00
Salaries of officers and employes 258.83
All other 174.49
{Total expen^e^ qf management $482.82)
Total disbursements $6,782.82
Balance $6,667.67
NET OR INVESTED ASSETS.
Cash in bank $6,667.57
LIABILITIES.
Losses adjusted, due and unpaid $800.00
Salaries and office expenses due and accrued. . . 27.57
Total actual liabilities 527.57
Balance, net assets $6,880.00
BUSINESS IN NEW HAMPSHIRE.
Number. Amount.
Certificates or policies in force Dec. 81, 1894 887
Certificates or policies ceased to be in force 47
Certificates or policies in force Dec. 81, 1895 840
Certificates or policies terminated by death 18
Certificates or policies terminated by lapse 26
Gross amount paid by New Hampshire members without
deductions $7,628.60
NoTB. No baslness transacted oatslde the state.
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394
Fraternal Beneficiary Ass'ns.
[Dec. 81,
NORTHERN MUTUAL RELIEF ASSOCLA.TION.
Boston, Mass.
Incorporated September 19, 1888. Commenoed basinesa September 19, 1888.
Gborgb R. Kelso, President Walter Wright, Secretary.
INCOME.
Membership fees $158.00
Annual dues 1,150.50
Mortuary assessments 41,400.90
All other 1,942.76
Total income $44,663.56
Balance on hand Dec. 31, 1894 3,749.35
Total net resources $48,412.91
DISBURSEMENTS.
Losses and claims $40,957.06
Salaries of officers and employes 2,224.16
All other 1,052.57
(Total expenses qf management $3,276.73)
Total disbursements 44,234.69
Balance $4,178.12
NET OR INVESTED ASSETS.
Cash in office $300.00
Cash in bank 3,878.12
Total net or invested assets $4,178.12
LIABILITIES.
Losses adjusted, due, and unpaid $800.00
Borrowed money 300.00
Salaries and office expenses due and accrued 1,663.55
Total actual liabilltes $1,963.55
Balance net assets $2,214.57
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1895.] Fraternal BsNEFiaART Asb'ns. 395
CONTINGENT MORTUARY RESOURCES.
Mortuary assesBments, for losses unadjasted $1,200.10
CONTINGENT MORTUARY LIABILITIES.
Losses in process of adjustment (8) $3,200.00
EXHIBIT OF CERTIFICATES OR POLICIES
Nfifnber, Amount.
Certificates or policies in force Dec. 31, 1894 1,336 $2,108,957.50
Certificates or policies written during year 180 238,000.00
Total 1,516 $2,341,957.60
Certificates or policies ceased to be in force 514 815,000.00
Certificates or policies in force Dec. 31, 1895. . . 1,002 $1,526,957.50
Losses and claims unpaid Dec. 31, 1894 19 $34,500.00
Losses and claims incurred during year 1895 18 81,500.00
Total 37 $66,000.00
Losses and claims paid during 1895 35 61,000.00
Losses and claims unpaid Dec. 31, 1895 2 $5,000.00
Certificates or policies terminated by death 18 $31,500.00
Certificates or policies terminated by lapse 496 783,500.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 164 $385,000.00
Certificates or policies written during the year 1 2,000.00
Total 165 $387,000.00
Certificates or policies ceased to be in force 41 75,000.00
Certificates or policies in force Dec. 81, 1895. . . 124 $312,000.00
Losses and claims unpaid Dec. 31, 1894 4 $8,000.00
Losses and claims incurred during 1895 3 6,000.00
ToUl 7 $14,000.00
Losses and claims paid during 1895 7 14,000.00
Certificates or policies terminated by death 3 $6,000.00
Certificates or policies terminated by lapse 88 69,000.00
Gross amount paid by New Hampshire members without
deduction $5,789.26
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396
Fraternal Beneficiart Ass'ns.
[Dec.81,
UNITED ORDER OF THE PILGRIM FATHERS.
Lawrekcs, Mass.
Incorporated March 16, 1879. Commenoed bnalness March IB, 1879.
J. Albion Bbiggs, Pretident. James E. Shspabd, Secretary,
INCOME.
Annual dues $14,040.45
Mortuary assessments 810,306.08
All other 4,837.82
Total income $387,776.70
Balance on hand Dec. 81, 1894 18,806.35
Total net resources $351,585.05
DISBURSEMENTS.
Losses and claims $298,747.15
Salaries of officers and* employes 6,561.11
All other 12,644.09
{Total expeneee cf management $19,205.20)
Total disbursements $317,952.85
Balance $33,682.70
NET OR INVESTED ASSETS.
Cost value of bonds and stocks owned $3,000.00
Cash in bank 80,682.90
Total net or invested assets $83,682.90
NON-INVESTED ASSETS.
Market value of stocks and bonds over cost 860.00
Gross assete $83,992.90
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1895.] Fraternal Beneficiary Ass'ns.
LIABILITIES.
Losses adjusted, due and unpaid $6,000.00
Salaries and office expenses due and accrued. 100.00
Total actual liabilitieB
Balance, net assets
CONTINGENT MORTUARY RESOURCES.
Moi*tuary assessments called, not yet due
CONTINGENT MORTUARY LIABILITIES.
897
Losses adjusted, not yet due (80) . . .
in process of adjustment (1)
resisted (2)
Total contingent mortuary liabilities
EXHIBIT OP CERTIFICATES OR POLICIES.
$6,100.00
$27,802.00
$66,000.00
$52,000.00
2,000.00
8,000.00
$67,000.00
Number. Amount.
Certificates or policies in force Dec. 31, 1804 18,888 $80,725,000.00
Certificates or policies written during year 2,680 4,080,000.00
Total 20,068 $84,755,000.00
778 1,820,000.00
Certificates or policies ceased to be in force. . . .
Certificates or policies in force Dec. 81, 1805
20,100 $88,485,000.00
Losses and claims unpaid Dec. 81, 1804 ,
Losses and claims incurred during year 1805 .
Total
Losses and claims paid during 1805
Losses and claims unpaid Dec. 81, 1806
180
$58,000.00
800,000.00
$862,000.00
200,000.00
87 $68,000.00
212
175
Certificates or policies terminated by death.
Certificates or policies terminated by lapse .
188
505
$800,000.00
1,011,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1804
Certificates or policies written during the year. . .
Total
Certificates or policies ceased to be in force
Certificates or policies in force Dec. 81, 1805
2,505 $4,247,000.00
815 408,000.00
2,010 $4,740,000.00
00 156,000.00
2,811 $4,584,000.00
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398 Fraternal Beneficiary Ass'ns. [Dec. 31,
Losses and claims unpaid Dec. 81, 1804 1 $1,000.00
Losses and claims incurred during 1805 16 24,000.00
Total 16 $25,000.00
Losses and claims paid during 1895 14 22,000.00
Losses and claims unpaid Dec. 31, 1895 2 $3,000.00
Certificates or policies terminated by death 2 $3,000.00
Certificates or policies terminated by lapse 74 132,000.00
Gross amount paid by New Hampshire members without
deductions $45,642.05
PROVIDENT MUTUAL RELIEF ASSOCIATION.
Concord, N. H.
Incorporated Jnly 96, 1S78. Commenced business February 2, 1877.
HiBAM A. TuTTLS, Pruideot. Anthony C. Hasdy, Secretary.
INCOME.
Membership fees $815.00
Annual dues 5,718.36
Mortuary assessments 81,841.96
Medical examiners* fees 168.00
AU other 241.28
Total income $88,279.00
Balance on hand Dec. 81, 1804 2,537.30
Total net resources $00,816.30
DISBURSEMENTS.
Losses and claims $80,045.86
Salaries of officers and employes 6,077.55
Another 1,041.96
{Total expenses n^f management $7,119.50)
Total disbursements $88,065.36
Balance $2,750.04
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1895.] Fraternal Beneficiary Ass'ns. 899
NET OR INVESTED ASSETS.
Cash in office ^28. 76
Cash in bank 2, 122. 18
Total net or invested assets $2,750.94
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $4,000.00
due and unpaid 1,720.80
for losses reported 8,000.00
Total due from members $13,720.80
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (6) $12,000.00
resisted (1) 1,000.00
Total contingent mortuary liabilities $13,000.00
EXHIBIT OP CERTIFICATES OR POLICIES.
Number. Amount.
Certificates or policies in force Dec. 31, 1894 2,933 $53,700,000.00
Certificates or policies written during year 103 327,000.00
Total 3,096 $64,087,000.00
Certificates or policies ceased to be in force. 200 356,945.86
Certificates or policies in force Dec. 31, 1895 2,896 $53,730,054.14
Losses and claims unpaid Dec. 31, 1894 3 $5,000.00
Losses and claims incurred during year 1895 44 86,945.86
Total 47 $91,945.86
Losses and claims paid during 1895 41 80,945.86
Losses and claims unpaid Dec. 31, 1895 6 $11,000.00
Certificates or policies terminated by death 44 $86,000.00
Certificates or policies terminated by lapse 164 270,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 2,732 $53,376,000.00
Certificates or policies written during the year 147 310,000.00
Total 2,879 $53,686,000.00
Certificates or policies ceased to be in force 186 335,000.00
Certificates or policies in force Dec. 31, 1895 2,693 $53,351,000.00
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400 Fraternal Bekeficiart Ass'ns. [Dec. 31,
Losses and claims unpaid Dec. 81, 1894 3 $5,000.00
Losses and claims incurred during 1806 42 82,000.00
Total 45 $87,000.00
Losses and claims paid during 1805 39 76,000.00
Losses and claims unpaid Dec. 31, 1895 0 $11,000.00
Certificates or policies terminated by death 42 $82,000.00
Certificates or policies terminated by lapse 156 266,000.00
Gross amount paid by New Hampshire members without
deductions $78,079.89
SUPREME COUNCIL OF THE ROYAL ARCANUM.
BoBTOK, Mass.
Incorporated Noyemfoer 5, 1877. Commenced business Jane 28, 1877.
John E. Pouitd, President, W. O. RoBSOir, Secretary.
INCOME.
Membership fees $41,864.50
Per capita tax 53,517.86
Mortuary assessments 4,204,007.88
All other 28,480.89
Total income $4,827,820.68
Balance on hand Dec. 31, 1894 556,968.85
Total net resources $4,884,789.48
DISBURSEMENTS.
Losses an4 claims $4,197,446.12
Advance payments returned 633.50
Salaries of officers and employes 79,719.86
All other 29,924.88
( Total expenBCM of management $104,126.63)
Total disbursements $4,307,728.85
Balance $577,065.68
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1895.] Fraternal Beneficiary Ass'ns. 401
NET OR INVESTED ASSETS.
Cost of real estate ^$59,170.97
Cost value of bonds and stocks owned 19,517.50
Cash deposits on emergency or reserve fund account 498,377.16
Total net or invested assets $577,065.63
Less depreciation 8,000.00
Total net or invested assets $569,065.63
NON-INVESTED ASSETS.
Interest due $2,271.30
Rents due 275.00
Market value of stocks and bonds over cost 492.50
Total non-invested assets $3,038.80
Gross assets $572, 104.43
LIABILITIES.
Losses adjusted, due and unpaid $153,000.00
All other 1,384.04
Total actual liabilities $154,384.04
Balance, net assets $417,720.39
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $291,783.04
due and unpaid 536.4S
Total due from members $292,319.52
CONTINGENT MORTUARY LIABILITIES.
Losses in process of adjustment (34) $99,000.00
reported (110) 318,000.00
resisted (10) 30,000.00
Total contingent mortuary liabilities $447,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number, Amount,
Certificates or policies in force Dec. 31, 1894 159,307 $463,063,600.00
Certificates or policies written during the year. . . . 20,454 56,851,500.00
Total 179,761 $519,915,000.00
Certificates or policies ceased to be in force 5,701 16,462,600.00
Certificates or policies in force Dec. 31, 1895. . . 174,060 $503,452,500.00
26
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402 Fraternal Beneficiart Ass'ns. [Dec. 31,
Losses and claims unpaid Dec. 81, 1894 120 $351,400.02
Losses and claims incurred during year 1895 1,527 4,485,500.00
Total 1,647 $4,786,900.02
Losses and claims paid during 1895 1,447 4,204,900.02
Losses and claims unpaid Dec. 81, 1895 200 $582,000.00
Certificates or policies terminated by death 1,527 $4,435,500.00
Certificates or policies terminated by lapse 4,174 12,027,000.00
BUSINESS IK NEW HAMPSHIRE.
Certificates or policies in force Dec. 81, 1894 459 $1,328,000.00
Certificates or policies written during the year 88 100,500.00
Total 497 $1,428,600.00
Certificates or policies ceased to be in force 12 81,500.00
Certificates or policies in force Dec. 31, 1895. . . 485 $1,892,000.00
Losses and claims incurred during 1895 5 $18,500.00
Losses and claims paid during 1895 4 12,000.00
Losses and claims unpaid Dec. 31, 1895 1 $1,500.00
Certificates or policies terminated by death 5 $13,500.00
Certificates or policies terminated by lapse 7 18,000.00
Gross amount paid by New Hampshire members without
deductions $12,981.59
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1895.] Fraternal Beneficiary Ass'ns. 403
SUPREME COUNCIL ROYAL TEMPLARS OF TEMPER-
ANCE.
Buffalo, N. Y.
Incorporated July 1, 1878. Commenced baslness February 3, 1877.
L. R. Sanborn, President Esbon B. Rew, Secretary,
INCOME.
Annual dues , $11,116.05
Mortuary assessments 320,799.21
Medical examiners' fees 965.81
All other : 1 ,564.83
Total income $334,446.90
Balance on hand Dec. 31, 1894 7,012.99
Total net resources $341,468.89
DISBURSEMENTS.
Losses and claims $309,206.00
Salaries of officers and employes 6,020.57
All other 12,025.81
{Total expenses qf management $18,046.38)
Total disbursements $327,261.38
Balance $14,207.51
NET OR INVESTED ASSETS.
Cash in bank $14,207.5 1
LIABILITIES.
Losses adjusted, due and unpaid 11,000.00
Balance, net assets $3,207.61
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet due $28,892. 18
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404 Fraternal Benbficiary Ass'ns. [Dec. 31,
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (22) $31,400.00
EXHIBIT OP CERTIFICATES OR POLICIES.
Number. Amaunt.
Certificates or policies in force Dec. 31, 1804 12,275 $16,763,400.00
Certificates or policies written during year 1,789 1,371,125.00
Total 14,064 $18,134,525.00
Certificates or policies ceased to be in force 1,583 3,007,025.00
Certificates or policies in force Dec. 31, 1895. . . 12,481 $15.036,600.00
Losses and claims unpaid Dec. 31, 1894 23 $38,000.00
Losses and claims incurred during year 1895 210 309,205.00
Total 238 $347,205.00
Losses and claims paid during 1895 210 309,205.00
Losses and claims unpaid Dec. 31, 1895 23 $36,000.00
Certificates or policies terminated by death 210 $309,205.00
Certificates or policies terminated by lapse 1,373 2,788,720.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 163 $213,000.00
Certificates or policies written during the year 15 12,500.00
Total 178 $225,500.00
Certificates or policies ceased to be in force 19 26,000.00
Certificates or policies in force Dec. 31, 1895 ... 159 $199,500.00
Losses and claims unpaid Dec. 31, 1894 1 $2,000.00
Losses and claims incurred during 1895 5 6,855.00
Total 6 $8,855.00
Losses and claims paid during 1895 5 6,855.00
Losses and claims unpaid Dec. 31, 1895 1 $2,000.00
Certificates or policies terminated by death 5 $6,855.00
Certificates or policies terminated by lapse 14 19,145.00
Gross amount paid by New Hampshire members without
deductions $4,064.84
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1895.] Fraternal Beneficiary Ass'ns. 405
ORDER OF SCOTTISH CLANS.
St. Louis, Mo.
Incoii>orated Jaly 5, 1881. Cozamenced bosiness November 80. 1878.
W. H. Stkew, PreHdent, Peter Kerb, Secretary,
INCOME.
Mortuary assessments $^,827.25
All other 6,356.72
Total income $55,183.97
Balance on hand Dec. 31, 1894 2,739.72
Total net resources $57,923.69
DISBURSEMENTS.
Losses and claims $40,500.00
Salaries of officers and employes 2,000.00
All other 4,742.15
(Total expense8 of management $6,742. 15)
Total disbursements $47,242.15
Balance $10,681.54
NET OR INVESTED ASSETS.
Cash in bank $10,681.54
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount.
Certificates or policies in force Dec. 31, 1894 3,075 $5,203,800.00
Certificates or policies written during year 502 450,000.00
Total 3,577 $5,653,300.00
Certificates or policies ceased to be in force 104 60,000.00
Certificates or policies in force Dec. 31, 1895 . . 3,473 $6,593,800.00
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406 Fraternal Beneficiary Ass'ns. [Dec. 31,
Losses and claims unpaid Dec. 81, 1894 8 $14,500.00
Losses and claims incurred during year 1895 25 26,000.00
Total 33 $40,500.00
Losses and claims paid during 1895 33 40,500.00
Certificates or policies terminated by death 25 $26,000.00
Certificates or policies terminated by lapse 79 34,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 40 $34,100.00
Certificates or policies written during the year 10 6,000.00
Certificates or policies in force Dec. 31, 1895 50 $40,100.00
Gross amount paid by New Hampshire members without
deductions $622.50
SONS OF TEMPERANCE NATIONAL MUTUAL
RELIEF SOCIETY.
Washington, D. C.
Incorporated June 25, 1879. Commenced baainess June 25, 1879.
Benjamin R. Jewell, President F. M. Bbadlby, Secretary,
INCOME.
Membership fees $214.50
Mortuary assessmeDts 37,684.1S
Total income $37,808.6&
Balance on hand, Dec. 81, 18W 285.71
Total net resources $38,184.3^
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1895.] Fraternal Beneficiary Ass'ns. 407
DISBUBSEMENTS.
Losses and claims 1^,276.00
Salaries of officers and employes 4,914.61
Another 9,864.03
(Total escpenses of manaugemeni $7,134.77)
Total disbursements $37,410.77
Balance $773.62
NET OR INVESTED ASSETS.
Cash deposits on emergency or reserve fund account $773.62
LIABILITIES.
Losses adjusted, due and unpaid $1,960.00
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called $3,400.00
for losses reported 10,200.00
for losses 1,700.00
Total due from members $15,300.00
Deducted estimated cost of collection 2,300.00
Net amount due from members $18,000.00
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (6) $9,140.00
resisted (1) 1,000.00
Total contingent mortuary liabilities $10,140.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Certificates or policies in force Dec. 31, 1894 1,397 $1,870,050.00
Certificates or policies written during year 165 115,500.00
Total 1,562 $1,985,550.00
Certificates or policies ceased to be in force 213 237,300.00
Certificates or policies in force Dec. 31, 1895. . . . . 1,349 $1,648,250.00
Losses and claims unpaid Dec. 31, 1894 1 $1,980.00
Losses and claims incurred during year 1895 25 37,800.00
Total 26 $39,780.00
Losses and claims paid during 1895 22 30,276.00
Losses and claims unpaid Dec. 31, 1895 4 $9,504.00
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408 Fraternal Bexeficiart Ass'ns. [Dec. 31,
Certificates or policies terminated by death 25 $37,800.00
Certificates or policies terminated by lapse 188 199,500.00
BUSINESS IN NEW HAMPSHIKE.
Certificates or policies in force Dec. 81, 1894 74 $06,200.00
Certificates or policies ceased to be in force 4 5,640.00
Certificates or policies in force Dec. 81, 1895 70 $92,500.00
Losses and claims paid daring 1895 . . 2 $2,640.00
Certificates or policies terminated by death 2 $2,640.00
Certificates or policies terminated by lapse 2 3,000.00
Gross amount paid by New Hampshire members without
deductions $2,260.00
UNITED AMERICAN MECHANICS.
Philadelphia, Pa.
Incorporated June 11, 1892. Commenced basiness September. 1879.
Charles J. Dittess, President, Johk Sebveb, Secretary,
INCOME.
Membership fees
Mortuary assessments
All other
Total income
Balance on hand Dec. 31, 1894
Total net resources
DISBURSEMENTS.
Losses and claims
All other
{Total expenses of management $128.41)
Total disbursements
Balance
$123.00
1,516.25
29.75
$1,609.00
2,808.59
$M77.59
$1,100.00
123.41
$1,223.41
$3,254.18
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1895.] Fraternal Beneficiary Ass'ns. 409
NET OR INVESTED ASSETS.
Cash in bank $3,254.18'
EXHIBIT OF CERTIFICATES OR POLICIES.
Number. Amount,
Certificates or policies in force Dec. 31, 1804 651
Certificates or policies written during year 48
Total 599
Certificates or policies ceased to be in force 47
Certificates or policies in force Dec. 31, 1895. . . 552
Losses and claims paid during 1895 2
Certificates or policies terminated by death 2
Certificates or policies terminated by lapse 45
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 30
Certificates or policies written during the year — 6
Total 36
Certificates or policies ceased to be in force 2
Certificates or policies in force Dec. 31, 1895. . . 34
Gross amount paid by New Hampshire members without
deductions $90.50
$1,100.00
$1,100.00
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410 Fraternal Beneficiary Ass'ns. [Dec. 31,
IMPERIAL COUNCIL ORDER OF UNITED FRIENDS.
POUOHKBEPSIE, N. Y.
Incorporated December 2, 1881. Commenced butiness December % 1881.
E. A. Shallcboss, President. R. H. Bitbnhajm, Secretary,
INCOME.
Assessments, mortuary, $422,616.86; expense, $8,458.50. . . $431,075.36
A 11 other 2,968.73
Total income $434,044.00
Balance on hand Dec. 31, 1894 19,048.81
Total net resources $453,992.90
DISBURSEMENTS.
Losses and claims $435,000.00
Salaries of officers and employes 9,711.99
All other 7,914.01
(Total expenses oif manajgevMnt $17,636.00)
Total disbursements $452,636.00
Balance Dec. 31, 1894 $1,356.90
CONTINGENT MORTUARY LIABILITIES.
Losses adjusted, not yet due (56) $108,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Certificates or policies in force Dec. 31, 1894 17,398 $29,214,500.00
Certificates or policies written during year 1, 149 1,280,000.00
Total 18,547 $30,494,50a00
Certificates or policies ceased to be in force 1,984 2,466,500.00
Certificates or policies in force Dec. 31, 1895 . . 16,563 $28,028,000.00
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1895.] Fraternal Beneficiary Ass'ns. 411
Losaes and claims unpaid Dec. 81, 18d4 28 $56,000.00
Losses and claims incurred during year 1895 261 548,000.00
Total 289 $599,000.00
Losses and claims paid during 1896 262 485,000.00
Losses and claims unpaid Dec. 81, 1896 27 $164,000.00
Certificates or policies terminated by death 234 $497,000.00
Certificates or policies terminated by lapse.* 1,750 1,969,500.00 .
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1894 108 $166,000.00
Certificates or policies written during the year 9 10,000.00
Total 117 $176,000.00
Certificates or policies ceased to be in force 17 15,000.00
Certificates or policies in force Dec. 81, 1896. . 100 $161,000.00
Losses and claims incurred during 1895 « 8 $6,000.00
Losses and claims paid during 1895 3 6,000.00
Certificates or policies terminated by death 3 $6,000.00
Certificates or policies terminated by lapse 14 15,000.00
Gross amount paid by New Hampshire members without
deductions $2,742.00
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412
Fraternal Beneficiary Ass'ns.
[Dec. 31,
UNITED STATES BENEVOLENT SOCIETY.
Saginaw, Mich.
Incorporated March, 1891. Commenced basiness April 1, 1891.
William P. Pearson. President J. B. Pitcher, Secretary,
INCOME.
Membership fees $38,680.00
Assessments, mortuary, $28,857.50; expense, $12,367.50. . . . 41,225.00
All other 81.20
Total income $79,d86.20
Balance on hand*Dec. 31, 1804 3,868.64
Total net resources $83,849.84
DISBURSEMENTS.
Losses and claims $27,074.18
Salaries of officers and employes 47,870.00
All other 3,347.87
( Total eospenses of management $51,217.37)
Total disbursements $78,291.55
Balance $5,558.29
NET OR INVESTED ASSETS.
-Cash deposits on emergency or reserve fund account $5,558.29
NON-INVESTED ASSETS.
Bills receivable $41.80
Interest accrued 8.00 -
Supplies on hand, office fixtures, etc 671.05
Total non-invested assets $721.75
Gross assets $6,280.04
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1895.] Fraternal Beneficiary Ass*ns. 415
LIABILITIES.
Adv^ance assessments $227.00
Balance, net assets $6,053.04
CONTINGENT MORTUARY RESOURCES.
Mortuary assessments called, not yet' due $5,001.00
due and unpaid 27.00
Total due from members $5,028.00
Deduct estimated cost of collection 251.40
Net amount due from members $4,776.60
CONTINGENT MORTUARY LIABILITIES.
Losses in process of adjustment $625.17
EXHIBIT OF CERTIFICATES OR POLICIES.
Number, Amount.
Certificates or policies in force Dec. 31, 1894 3,191 $305,375.00
Certificates or policies written during the year 7,736 778,600.00
Total 10,927 $1,078,975.00
Certificates or policies ceased to be in force 5,654 559,300.00
Certificates or policies in force Dec. 31, 1895. . 5,282 $519,675.00
Losses and claims unpaid Dec. 31, 1894 1 $75.00
Losses and claims incurred during year 1895 1,224 27,074.18
Total 1,225 $27,149.18
Losses and claims paid during 1895 1,224 27,074.18
Losses and claims unpaid Dec. 31, 1895 1 $75.00
Certificates or policies terminated by death 28 $2,725.00
Certificates or policies terminated by lapse 5,617 556,575.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies written during the year 142 $14,200.00
Certificates or policies ceased to be in force 5 500.00
Certificates or policies in force Dec. 31, 1895. . . 137 $13,700.00
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414 Fraternal Beneficiary Ass'ns. [Dec. 81,
LoBBes and claims incurred during 1805 2 $30.00
Losses and claim^ paid during 1806 2 30.00
Certificates or policies terminated by lapse 5 $500.00
Gross amount paid by New Hampshire members without
deductions $211.00
^
GRAND LODGE ANCIENT ORDER OF UNITED
WORKMEN.
Boston, Mass.
Incorporated February 9» 1888. Commenoed basiness February 25, 1879.
Oeobgb F. Higoins, Fre^idenU J. Edward Bitbtt, Secretary.
INCOME.
Mortuary assessments $699,107.00
Per capita tax 42,022.75
Relief call 43,288.00
All other 9,808.91
Total income $783,811.66
Balance on hand Dec. 81, 1894 88,502.39
Total net resources $817,814.05
DISBURSEMENTS.
Losses and claims $614,000.00
Salaries of officers and employes 10,778.20
All other 109,932.74
{Total expenses <(f management $120,705.94)
Total disbursements $734,705.94
Balance a $82,608.11
NETOR INVESTED ASSETS.
Cost value of real estate unincumbered $26,000.01
Cash deposits on emergency or reserve fund account 82,608.11
Total net or invested assets $108,608.10
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1895.] Fraternal Beneficiary Ass'ns. 415
LIABILITIES.
Losses adjusted, due and unpaid $6,000.00
EXHIBIT OF CERTIFICATES OR POLICIES.
Number, Amount.
Certificates or policies in force Dec. 31, 1804. 41,005 $82,010,000.00
Certificates or policies written during the year 5,005 10,010,000.00
Total 46,010 $92,020,000.00
Certftlcates or policies ceased to be in force 089 1,078,000.00
Certificates or policies in force Dec. 31, 1805. . . 4'>,021 $00,042,000.00
Losses and claims unpaid Dec. 31, 1804 11 $22,000.00
Losses and claims incurred during year 1805 . . 200 508,000.00
Total 310 $620,000.00
Losses and claims paid during 1805 307 614,000.00
Losses and claims unpaid Dec. 31, 1805 3 $6,000.00
Certificates or policies terminated by death 200 $508,000.00
Certificates or policies terminated by lapse 663 1,326,000.00
BUSINESS IN NEW HAMPSHIRE.
Certificates or policies in force Dec. 31, 1804 1,807 $3,614,000.00
Certificates or policies written during the year 255 510,000.00
Total 2,062 $4,124,000.00
Certificates or policies ceased to be in force 52 104,000.00
Certificates or policies in force Dec. 31, 1805 . . 2,010 $4,020,000.00
Losses and claims unpaid Dec. 31, 1804 1 $2,000.00
Losses and claims incurred during 1806 18 36,000.00
Total 10 $88,000.00
Losses and claims paid during 1805 10 38,000.00
Certificates or policies terminated by death 18 $36,000.00
Certificates or policies terminated by lapse 33 66,000.00
Gross amount paid by New Hampshire members without
deductions $28,225.00
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INDEX.
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INDEX TO COMPANIES.
[See Table of Contents at beginning of Yolnme.]
FIRE INSURANCE COMPANIES.
PAOB,
JStna, Hartford 66
^tna Mutual, Concord 32
Afpicultural, New York 69
American, Massachusetts 71
American, New Jersey . 73
American Manufacturers*, Concord 33
Barnstead Town Mutual 2
Bedford Town Mutual 3
Bow, Town Mutual 4
British America, United States Branch 144
Caledonia, United States Branch 146
Candia, Town Mutual ' . 5
Canterbury, Town Mutual ft
Capital Fire, Concord 4&
Cheshire County Mutual, Keene 35
Commercial Union, United States Branch 148
Concord Mutual, Concord 37
Connecticut Fire 75
Continental, New York 77
Delaware, Philadelphia 80
Farmers* Mutual, Franklin 7
Fire Association, Pennsylvania 82
Firemen* s Fund, California 85
Fire Underwriters* Association, Concord 51
Fitchburg Mutual, Massachusetts 184
Oranite State Fire, Portsmouth 53
Orange Mutual, Milford 26
Greenwich, New York 88
Hartford Fire, Connecticut 90
Hollis, Town Mutual 8
Home, New York 93
Home Manufacturers and Traders*, Concord 40
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420 Index to Companies.
Imperial, United States Branch .151
Insurance Company of North America, Pennsylyania ... 96
Lancashire, United States Branch 158
Liverpool and London and Globe, United States Branch ... 155
London Assurance, United States Branch 157
London and Lancashire Fire, United States Branch .... 160
Loudon, Town Mutual 9
Lyndeborough, Town Mutual 10
Manchester Fire, United States Branch 162
Manufacturers^ and Merchants* Mutual, Concord .... 42
Merchants^ New Jersey 101
Mercantile Fire and Marine, Massachusetts 99
Merchants* and Farmers' Mutual, Massachusetts .... 136
Merrimack County Mutual, Webster 27
Milford, Town Mutual 11
Mutual Fire, New York 104
National Fire, Connecticut 106
New Durham, Town Mutual 12
New Hampshire Fire, Manchester 56
Niagara Fire, New York 106
North British and Mercantile, United States Branch ... 164
Northern Assurance, United States Branch 166
Northwood, Town Mutual 13
Norwich Union Fire, United States Branch 168
Orient, Connecticut Ill
Orford, Town Mutual 14
Palatine, United States Branch 170
Pennsylyania Fire, Pennsylvania 118
Phenix, New York 115
Phosnix, Connecticut 118
Phoenix Assurance, United States Branch 172
Piermont, Town Mutual 15
Portsmouth Fire Association 60
Providence Washington, Rhode Island 12
Providence Mutual, Rhode Island 138
Queen City Mutual, Manchester 44
Queen Insurance Company of America, New York .... 122
Rockingham Farmers* Mutual, Exeter 28
Royal, United States Branch 174
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Index to Companies. 421
Sanbornton, Town Mutual 16
Scottish Union and National, United States Branch .... 176
Springfield Fire and Marine, Massachusetts 125
State Dwelling-House, Concord 62
Strafford, Town Mutual 17
Sunapee, Town Mutual 18
Sun Insurance Office, United States Branch 178
Sutton, Town Mutual 19
Til ton and Northfield, Town Mutual 20
Traders and Mechanics' Mutual, Massachusetts .... 140
Union Marine, United States Branch 181
United States Fire, New York 127
Weare, Town Mutual 21
Westmoreland, Town Mutual 22
Western Assurance, United States Branch 183
Wilmot, Town Mutual 23
Williamsburgh City, New York 130
FIDELITY AND CASUALTY INSURANCE COMPANIES.
^tna, Accident, Connecticut 188
American Surety, New York 190
City Trust, Safe Deposit <fe Surety, Philadelphia .... 193
Employers* Liability, United States Branch 196
Fidelity and Casualty, New York 199
Fidelit^ and Deposit, Baltimore 203
Guarantee Company of North America, United States Branch 206
Guarantors' Liability Indemnity Co 208
Hartford Steam-Boiler Inspection and Insurance Co., Connecticut . 211
Lawyers* Surety, New York 214
Lloyds Plate-Glass, New York 216
London Guarantee and Accident, United States Branch . 219
Standard Life and Accident, Michigan 221
Travelers' Insurance Company (Accident), Connecticut . 224
Union Casualty and Surety Company, Missouri .... 227
Union Safe Deposit and Trust Co., Maine 231
United States Casualty Co., New York 288
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422 Index to Companies.
LIFE INSURANCE COMPANIES.
^tna Life, Connecticut 238
Connecticut General, Connecticut 243
Connecticut Mutual, Connecticut 247
Equitable Life Assurance, New York 252
Oermania Life, New York 256
Manhattan Life, New York 280
Massachusetts Mutual, Massachusetts 265
Metropolitan Life, New York 260
Mutual Benefit, New Jersey 278
Mutual Life, New York 27S
National Life, Vermont 282
New England, Massachusetts 286
New York Life, New York 290
Northwestern Mutual, Wisconsin 295
Penn Mutual, Pennsylvania 800
Phoenix Mutual, Connecticut 806
Provident Savings, New York 810
State Mutual, Massachusetts 814
Travelers' (Life), Connecticut 81S
Union Mutual, Maine 822
United States, New York 827
Washington Life, New York 832
ASSESSMENT LIFE AND CASUALTY COMPANIES.
Hartford Life and Annuity, Connecticut 83S
Massachusetts Benefit Life, Boston 841
Mutual Reserve Fund Life, New York 348
National Life Association, Connecticut 846
New England Mutual Accident, Massachusetts 848
Northwestern Masonic Aid, Wisconsin 351
Security Mutual Life, New York 858
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Index to Companies. 423
FRATERNAL BENEFICIARY ASSOCIATIONS.
American Benefit Society 358
American Legion of Honor 860
American Order Fraternal Helpers 362
Catholic Benevolent Legion 364
Catholic Order Foresters 366
Christian Burden Bearers 367
Equitable Aid Union 369
Golden Cross, United Order 371
Good Fellows, Royal Society 374
Independent Order Foresters 376
Knights of Columbus 378
Knights of Honor 380
Knights and Ladies of Honor 382
Knights of Pythias 885
Locomotive Engineers 387
Merrimack County Odd Fellows 389
New England Order Protection 390
New Hampshire Odd Fellows 892
Northern Mutual Relief 894
Pilgrim Fathers, United Order of 396
Provident Mutual Relief 898
Royal Arcanum 400
Royal Templars of Temperance 408
Scottish Clans 405
Sons of Temperance National Mutual Relief 406
United American Mechanics 408
United Friends 410
United States Benevolent Society 412
United Workmen, Ancient Order 414
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FIFTH ANNUAL REPORT
Secretary of State,
COKTAXMINO AN
ABSTRACT OF THE ANNUAL RETURNS OF CORPORATIONS
l>X20JB3fBX2R 1, 180e.
CONCORD, N. H.:
BDWABD N. PBABSON, PUBLIC PBINTBB.
1896.
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These returns are made in accordance with the provisions of
section i6, chapter 150, of the Public Statutes:
Section 16. Every such corporation, except insurance companies,
railroad corporations, banks, and loan and building associations, shall
annually, in the month of May, make a return in writing, signed by
and under oath of its treasurer and a majority of its directors, to the
secretary of state and to the clerk of the town in which its principal
business is carried on, if in this state, of the amount of all assessments
voted by the corporation and actually paid in, the amount of all debts
due to and from the corporation, and the value of all the property and
assets of the corporation, so far as the same can be ascertained as
existing on the first day of May; and if any such corporation shall fail
so to do, the treasurer and directors shall be individually liable for all
the debts and contracts of the corporation then existing, or which
shall be contracted, until the return is made.
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STATE OF NEW HAMPSHIRE.
Office of the Secretary of State,
Concord, December i, 1896.
To the Honorable Senate and House of Representatives:
In obedience to section 18, chapter 150, of the Public Stat-
utes, I have prepared the following abstract of the annual
returns of corporations as existing May i, 1896.
EZRA S. STEARNS,
Secretary of State.
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REPORT OF THE SECRETARY OP STATE.
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REPORT OF THE SECRETARY^ OF STATE.
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