Scan 4

Newark City Directory 1876-77, 1876

30 lines. Read by computer on 30 September 2026. No printed page number was found. See the scan on archive.org.

1THE MUTUAL BENEFIT

2LIFE INSURANCE COMPANY,

3NEWARK, N. J.

5ORGANIZED 1845. CHARTER PERPETUAL.

7Assets, January 1st, 1876, – – $31,085,011.11.

9Receipts, from May, 1845, to January, 1876.

11Premiums ……………………………………… $64,832,914 97

12Interest ………………………………………… 16,316,592 79

13Total ……………………………………………. $81,149,507 76

15APPROPRIATED AS FOLLOWS:

16Policy claims ……………………………………. $19,282,541 48 being 23.8 per cent.

17Surrendered Policies …………………………… 4,384,344 82 " 5.3 "

18Dividends ………………………………………… 19,224,524 15 " 23.7 "

19Returned to Members …………………………… $42,791,410 45 " 52.8 "

20Taxes and Expenses …………………………… 8,167,913 05 " 10.0 "

21Reserve and Surplus …………………………… 30,190,184 26 " 37.2 "

22Total ……………………………………………. $81,149,507 76 100.0 "

24LIFE AND ENDOWMENT POLICIES, of the usual forms, issued on the most favorable terms.

26LEWIS C. GROVER, President.

27JAMES B. PEARSON, Vice-President.

28EDWARD A. STRONG, Secretary.

29BENJAMIN C. MILLER, Treasurer.

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