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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 58   View pdf image (33K)
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58

DOMESTIC INSURANCE COMPANIES. [ART. — .

are deposited ; third, the amount of cash in the hands
of agents and in course of transmission ; fourth, the
amount of loans secured by bonds and mortgages, con-
stituting the first liens on real estate, on which there
shall be less than one years interest due or owing;
fifth, the amount of loans on which interest shall not
have been paid within one year previous to such state-
ment; sixth, the amount due the company, on which
judgments have been obtained; seventh, the amount of
stocks of this state, of the United States, of any incor-
porated city of this state, and of any other stocks owned
by the company, specifying the amount, number of
shares, and par and market value of each kind of stock ;
eighth, the amount of stocks held thereby as collate-
ral security for loans, with the amount loaned on each
kind of stock, its par value, and the market value ;
ninth, the amount of assessments on stock or premium
notes, paid and unpaid ; tenth, the amount of interest
actually due and unpaid ; eleventh, the amount of pre-
mium notes on hand on which policies are issued.

What to report
as liabilities.

Third — The liabilities of such company, specifying,
first, the amount of losses due and yet unpaid; second,
the amount of claims for losses resisted by the com-
pany ; third, the amount of losses incurred during the
year, including those claimed and not yet due, and
of those reported to the company upon which no ac-
tion has been taken ; fourth, the amount of dividends
declared and due and remaining unpaid; fifth, the
amount of dividends, either cash or scrip, declared, but
not yet due; sixth, the amount of money borrowed
and security for the payment thereof; seventh, the
amount of policies outstanding ; eighth, the amount of
all other existing claims against the company or asso-
ciation.

What to report
as Income

Fourth — The income of the company or association
during the preceding year, specifying, first, the amount
of cash premiums received; second, the amount of
notes received for premiums ; third, the amount of in-
terest money received ; fourth, the amount of income
received from other sources.



 
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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 58   View pdf image (33K)
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  << PREVIOUS  NEXT >>


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