The liabilities of the Company, as reported by the Referee, and with such additions and modifications as have been made thereto by order of the Court, are: Reserve value of death claim policies. Assets in hands of Receiver: Cash deposited in National Commercial Bank of Albany..... Mortgages: $184,020 07 12,500 00 -$667 44 My report for the year 1879 contains a detailed statement as to certain mortgages in my possession. Nothing has been realized thereon during the year, and I consider them worthless. A claim presented by me against the Receiver of the New Jersey Mutual Life Insurance Company, for the amount claimed to be owing to this Company from the New Jersey Mutual, and to secure which, said mortgages were transferred to this Company, amounting to about $33,000, having been referred to Vice-Chancellor Amzi Dodd, of Newark, the matter has been during the year prosecuted in my behalf before the Vice-Chancellor. A great number of hearings were had and the matter is still pending. Being thereto advised I have also commenced an action in this State, by permission of the Court, against the Receiver of the New Jersey Mutual Life Insurance Company, seeking to reach assets in this State, and to enforce the claim above referred to, which is pending. To postage, traveling, law and miscellaneous expenses... $270 13 PART III. CO-OPERATIVE INSURANCE COMPANIES. ABSTRACTS COMPILED FROM THE ANNUAL STATEMENTS of CO-OPERATIVE INSURANCE COMPANIES TRANSACTING BUSINESS IN THE STATE OF NEW YORK, SHOWING THEIR CONDITION ON THE 31ST DAY OF DECEMBER, 1881. THE ACCIDENTAL WEEKLY INDEMNITY ASSOCIATION. SOUTH DAYTON, CATTARAUGUS COUNTY, N. Y. NEWTON A. CHAFFEE, President. [Organized September 10, 1881; commenced business October 20, 1881.] Disbursements during the year, deducted from above total, Balance December 31, 1881... III. INVESTED ASSETS. Cash in office.... 825 $333 56 $36 94 $36 94 IV. EXHIBIT OF CERTIFICATES OR POLICIES,-NUMBER AND AMOUNT. Policies or certificates written during the year 1881, Deduct number and amount which have ceased to be in force during 1881. .... Total policies or certificates in force Decem- Losses and claims on policies or certificates paid during the year 1881 .. Business in New York during 1881. Policies or certificates written during the year 1881 Deduct number and amount which have ceased to be in force during 1881 ... Total policies in force December 31, 1881.... Losses and claims on policies or certificates paid during the year 1881.. *The amount varies from $5 to $25, weekly indemnity not exceeding twenty-six consecutive weeks. |