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nydus/Frenzied Finance, Volume I: The Crime of AmalgamatedPublic
Page 80 of 730
Table of Contents

CHAPTER VII

THE NEW YORK LIFE INSURANCE COMPANY

The company was incorporated by special act of the New York Legislature in 1841. It is the third largest insurance company in the United States. The assets of the company January 1, 1892, were $125,947,290, and income $31,854,194. In 1904 the assets were $352,652,048; income, $88,269,531.

THE NATIONAL SHAWMUT BANK, OF BOSTON

This institution was incorporated in 1898 with a paid-in capital of $3,000,000. In 1904 its total resources, also liabilities, were $63,471,639, of the same general character as those of the National City Bank of New

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