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526   DEPARTMENT OF FINANCE—INSURANCE BRANCH.

THE DOMINION PLATE GLASS INSURANCE COMPANY.

STATEMENT FOR THE YEAR ENDING 31ST DECEMBER, 1896.
President and Ohm/Agent—A. RAMSAY.   Secretary—E. DOWSLEY.
Principal Office—Montreal.

(Incorporated, 22nd May, 1888, 51 Vic., cap. 95. Commenced business in Canada,
14th Dec. 1888, by taking over the plate glass business of A. Ramsay.)

CAPITAL.

Amount of joint stock capital authorized    

50,000

00

Amount subscribed for   

25,000

00

Amount paid up in cash    

10,000

00

(For List of Stockholders, see Appendix.)

ASSETS.

Stocks and bonds deposited with the Receiver General, viz.:

Par value. Market value.

Province of Quebec 5 per cent bonds    $ 5,000 00   $ 5,500 00

Montreal Protestant school board bonds    11,000 00   10,847 00

Total   $16,000 00   $16,347 00

 

 

Carried out at market value    

16,347

00

Loans on personal security of A. Ramsay & Son    

2,694

00

Cash on hand at head office   

351

09

Cash in banks    

133

13

Agents' balances   

1,915

45

Office furniture and fixtures    

400

00

Total assets    $

'21,840

67

LIABILITIES.

Reserve of unearned premiums for all outstanding plate glass risks   

12,864

27

Total liabilities    $   12,864

27

Capital stock paid up in cash    

10,000

00

INCOME.

Gross cash received for premiums    $ 8,838 52

Deduct reinsurance, rebate, abatement and return premiums   492 27

 

 

Net cash received for premiums    $

8,346

25

Received for interest on bonds    

690

00

Other interest    

7

39

Total income    ti

9,043

64


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