6 192 Caledonian Insurance Company
Report of the Superintendent of Insurance of the Dominion of Canada © 1896
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194 DEPARTMENT OF FINANCEI`SURANCE BRANCH.
THE CALEDONIAN INSURANCE COMPANY.
STATEMENT FOR THE YEAR ENDING 31ST DECEMBER, 1896.
President and General Manager. Fire Superintendent,
D. DEUCITAR, F.I.A. & F.F.A. JAMES COWAN.
Principal O,fceEdinburgh.
Manager in CanadaLANSING LEwIs. Head Office in CanadaMontreal.
(Organized, 1805 ; Incorporated, 18th June, 1846 ; Commenced business in
Canada, September, 1883.)
CAPITAL.
Amount of joint stock capital authorized, 1,000,00U $4,866,666 67
Amount subscribed for, 537,500 2,615,833 3
Amount paid up in cash, 107,500 523,166 6
ASSETS IN CANADA.
Stocks and bonds :
Par Value. Market Value.
City of Toronto, 6 per cent (1904) 6,000 0 0 6,823 4 0
Province of Quebec, new loan 5 per cent (191) 800 0 0 903 19 9
Canada Government, 4 per cent (1910) 1,000 0 0 1,080 0 0
City of Toronto, 4 per cent (1924) 2,871 0 0 3,412 14 9
do 4 do (1925) 8,000 0 0 8,340 0 0
City of Quebec,5 per cent (1913) 5,000 0 0 5,586 10 0
Montreal R. C. School bonds maturing in 1926 3,082 3 10 3,297 18 11
Total par and market value s 26,753 3 10 29,444 7 5
Carried out at market value $ 141,253 29
(The above being on deposit with the Receiver General.)
Cash in banks, viz.:
Molsons Bank, Montreal 8 5,568 58
Total 5,568 58
Cash at head office 892 78
Cash in hands of agents in Canada 12,712 5
Insurance maps and plans 4,500 00
Office furniture 700 00
Total assets in Canada $ 165,627 21
LIABILITIES IN CANADA.
Net amount of losses claimed but not adjusted 8 2,420 On
do reported or supposed, but not claimed 100 00
do resistednot in suit 1,000 00
Total net amount of unsettled claims for losses in Canada $ 3,520 00
Reserve of unearned premiums for all outstanding risks in Canada 116,327 79
Commission on uncollected premiums in agents’ hands 2,224 70
Total liabilities in Canada $ 122,072 49
