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LIFE INSURANCE COMPANIES.   335

THE CONFEDERATION LIFE ASSOCIATION.
STATI':\IEN'I' FOR THE YEAR ENDING 31ST DECEMBER, 1896.

 

President—   Managing Director and Chief Agent

HON. SIR AVM. F. HowLAND, C.I3., K.C.M.G.   J. K. MACDONALD.

Head Ofice—Toronto.

(Incorporated 14th April, 1871, by 34 Vic., cap. 54 amended in 1874 by 37 Vic.,
cap. 88, and in 1879 by 42 Vic., cap. 72, and in 1890 by 56 Vic., cap.
45. Commenced business in Canada, 31st October, 1871.)

CAPITAL.

 

Amount of capital authorized and subscribed for    $1,000,000 00

Atiount paid up in cash    100,000 00

For List of ,'to,'kholders see Appendix.
ASSETS AS PER LEDGER ACCOUNTS.

 

Value in account of real estate held by the company (buildings in To-

ronto, Winnipeg and elsewhere)    $1,353,152 29
Amount secured by way of loans on real estate by bond or mortgage,

first liens    2,488,445 41
Amount of loans 'secured by bonds, stocks or other marketable col-

laterals, viz.:    95,141 50

No. of Par value. Shares.

Ontario Bank    74 8 7,400 00 8

Collateral mortgage on house property

hniterial Bank    Ili   1,6(0 00

do    19   1,900 00

County of York debentures   10,777 44

Canada Permanent Loan Co    200   2,000 00

Ontario Industrial Loan Co    57   4,560 00

Trader's Bank    50   5,000 00

British America Assurance Co   50   8,:00 110

London and Canadian Loan$ Agency C-   600   4,200 00

do   do   50   350 00

Royal Loan Co., Brantford    200   10,000 00

Ontario Bank....   .   237;11   23,733 33

Collateral mortgages    1,300 00

Western Assurance Co    500   10,000 00

British America Assurance Co    156   7,800 00

Canada Permanent Loan Co   400   4,000 00

Ontario Industrial Loan Co,    22   1,760 00

do   do   63   5,760 00

Market   Amount of

Value.   Lean.

   5,920 001   8   7.300 0o
2,000 1)0

   2,848 00   2,186 83

   3,382 00   1,767 26

   10,777 44   10,777 44

   2,300 00   2.000 00

   1,368 00   1,368 00

   4,750 00   3.61)5 38

   10,200 00   7,001 60

   ,1)06 00   3,700 110

   3'2550   277 90

   10,000 00   9,692 22

   18,986 67   I_   18,108 87
1,300 00J

16,170 001. 21,300 00 9.360 00J

   4,600 00   3,800 00

   528 00   528 01

   1,728 00   1,728 00

Total      :    8 95,141 50

A mount of loans its above on which interest has been overdue for one

year or more previous to statement $114,192 01    
Amount of loans made in cash to policy-holders on the company's policies

assigned as collaterals    

G04,561 10


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