Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-02-02
IoN
MOSS & WATSON,
FlRE INSURANCE AGENCY !!
70 East Third Street.
e 7 49, MINI EsOTA

Paid up Capital Stock, $500, 100000.
1. ASSETS.
Value of unincumbered real estate
OWueu 4 ri fR1 50
Amount loaned real estate security 20
, dnrss h lens 1885 90
mortgage loans. Observation-Disclosures. As75 40
Market value of bonds and stocks ''''' 70
owned %. S: gov'ts, 1902, 9s7.5O). 3i44s7 90
Amount loaned on collateral security.
(lnarket value $51, 334.OO) 4o.a0o 90
Cash on hand and in bank 8521 *
Interest due and accrued on bonds and
stocks not included in market value 100 90
interest due and accrued on collateral
Premiums in due course of collection. 1855 81
AL other property, viz: Rents due and
accrued, S2,26o Al. Total. ........ $3.50 Al
Aggregate amount of all actual.
available assets ...............s 6oo,ss7 A
2. LIABILITIES.
Gross claims for losses ad-
Justed and unpaid. ... 49, 749 90
Losses In process of adjust
ment or IN suspense. 49,. 1907 90
Losses resisted, including in
serest ana expenses $500 90
Net amount of unpaid losses. .....s 2o.a5s o.
Amount required to safely re-lnsure all
" outstanding ath risks. .:...... 1oo,$98 o5
All other demands against the COM
pany. NEUTRALITY-SUSPICIOUS.. 3,oS3 90
Total liabilities except capital and
,o,-. net surplus :.............. 1929 o5
SolnG STOCK capital paid up in cash.. 100000 90
surplus Deyond capital. ............... 17l,318 80
Aggregate liabilities, including paid
up capital and surplus. .........$ 6OO,567 "A
8. INCOME, 1878.
Cash premiums received Sl98, 40 g.
Deduct reinsurance, rebate
anu return premiums. 29,721 80
Net cash actually received for pre-
Interest received on bonds and mort
cages. .:..:: ::...:..... 1851 43
:, all other sources. ,;.............:.. 12,e77 10
Rent 1922 A
Total income. Observation-Disclosures 1so,99e So
4. EXPENDITURES, 1873.
Gross amount paid for lossesS84 1856 81
Deduct salvage and REIN
surance 1859 Is
Net amount paid for losses 77367 %
Cash dividends actually paid. ....... %, 900 90
Salaries OF officers, clerks and other
employees ...................... 1854 So
Paid for commissions and brokerage. 4'713 II
Amount paid for State, national and
local al taxes :.....::...... 1,461 IS
All other expenditures, viz: Office and
agency expenses and FIRE patrol s3,547 80
Aggregate cash expenditures dur
ing the year. .................S 1es,oo4 "a
S. MISCELLANEOUS.
Total amount of outstanding risks Dec.
- 5l,l8 .$27 ,9o4 90
Total premiums received, from organ
1zatlon of company to date. ........ 2,12O,652 "a
Total losses paid from organization of
company to date. Observation-Disclosures. 1,124,s27 90
+. BUSINESS IN MINNESOTA, 1878.
Amount Of risks taken. ........S 93,275 90
Amount Of premiums received 88l 95
Amount Of outstanding risks in Min
nesota at end Of year. 71,475 90
Amount of losses paid ............ 500
Amount of losses incurred, claimed
and unclaimed Observation-Disclosures. s on
STATE OF MINNESOTA.
DEPARTMENT INSURANCE.
Whereas, the Star Fire Insurance Company of che
State of New York, has filed in this department
sworn statement exhibiting its condition and
business for the year ending December 31st, 1873,
and has otherwise fully comp ed with the require
ments of the insurance laws Of this State.
Now therefore, I, A. McGill, Insurance COM
missioner of the State of Minnesota, do hereby GER
tty that the above named company is fully empower
ed, through it's authorized agents to transact its an
proprlate business of fire insurance in this State
cording to to the laws thereof, until the 31s day of
January, A. D. 1880.
Witness my hand and official seal this 30th day of
January, 1879. r. MCGILL,
Insurance Commissioner,