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ACCIDENT, GUARANTEE, ETC., INSURANCE COMPANIES.   519

THE GUARANTEE COMPANY OF NORTH AMERICA.

STATEMENT FOR THE YEAR ENDING 31ST DECEMBER, 1896.

President and Chief Agent-

EDWARD RAWLINGS.

Secretary and Treasurer-

ROBERT KERR.

Head Office-Dominion Square, Montreal.

(Incorporated, 2nd August, 1851, by Act of the Legislature of the late Province of Canada, 14-15 Vic., cap. 36 ; amended in 1873 by "36 Vic., cap. 22 ; and in 1880 by 43 Vic., cap. 7 1 ; and in 1881 by 44 Vic., cap. 57. Commenced business in Canada, April, 1872. Commenced business in United States, January, 1881.)

CAPITAL.

Amount of capital authorized    81,000,000

00

Amount subscribed for    

668,600

00

Amount paid up in cash    

304,600

00

(For List of Stockholders, see Appendix.)

ASSETS.

 

 

Value of real estate (less encumbrances) held by the Company    8

Loans secured by bonds and mortgages, on which not more than one

61,665

54

year's interest is due, constituting a first lien on real estate    

5,430

00

Stocks and bonds held by the Company, viz. :-

Par value.

Market value.

Montreal corporation bonds   8

10,500

00

S   11,235 00

do   do   stock    

44,000

00

56,606 00

do   Harbour bonds    

73,500

00

81,595 00

City of Toronto bonds    

10,000

00

10,500 00

Victoria, B.C., waterworks bonds   

10,000

00

10,700 00

Lake Champlain and St. Lawrence .Junction Ry. bonds

5,000

00

4,000 00

Province of Quebec bonds    "   

1,000

00

1,100 00

Canada stock    

2,399

67

2,447 66

Montreal Board of Trade bonds    

2,500

00

1,750 00

Canada Southern Railway bonds   "    

10,000

00

10,500 00

-United States Government registered bonds:    

100,000

00

108,000 00

City of Richmond, Virginia, bonds   

16,000

00

16,150 00

City of Brooklyn, N.Y., bonds    "   

110,000

00

102,300 00

United States Guarantee Co., stock   

149,100

00

149,100 00

Philadelphia Bourse stock    

200

00

200 00

Montreal Telegraph Co., stock    

34,000

00

56,100 00

Western Union Tel. Co., stock   

20,000

00

16,600 00

Bell Telephone Co., stock

25,000

00

39,250 00

Bank of Montreal, stock    

10,000

00

22,800 00

Merchants' Bank of Canada, stock    

10,000

00

17,000 00

Montreal Gas Company, stock    

16,000

00

29,600 00

Total par and market values    8

659,199

6788 747,533 66

Carried out at market value    

Cash on hand at head office    4-34k

747,533 66 855 l2


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