Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-02-07

Paid up Capital Stock, $500, 100000.
1. ASSETS.
Value of unincumbered real estate
Amount loaned on real estate security, '''1 -
(frst iens) ........ ..... 1738o5 On
Interest due and accrued on bond and '''-' W
=, mortgage loans .;.............. 4,575 6s
owned (U. s. gov'ts, $500, 987.5O) 3i4437 so
Amount loaned on collateral security
(market value S5l,334.OO). ... 10000 90
Cash on hand and in bank. ..... 1921 rs
Interest due and accrued on bonds and
stocks not included in market value 100 90
Interest due and accrued on collateral
Premiums in due course Of collection. es'Ss8 ~
AL other property, viz: Rents due and
accrued, S2,26o Al. Total. .. 1890 Al
Aggregate amount of all actual,
available assets announcements sOo,5s7 A
2. LIABILITIES.
Gross CLAIMS for losses adj
justed and unpaid .... S6749 %
Losses in process of adjust
ment, or in suspense 49,. 1907 90
Losses resisted, including in
terest and expenses .. 6,5OO 90
Net amount of unpaid losses IS 2Os56 90
Amount required to safely re-,nsure all
outstanding risks. Observation-Disclosures. lCO3o8 O5
All other demands against the COM
pany.. Observation-Disclosures. s,os3 90
Total liabilities except capital and
net surplus ...................s 129,24e o5
Joint stock capital paid up In cash. 100000 90
surplus beyond capital .,............. 17l,3ls 80
Aggregate liabilities including paid
up capital and surplus. ......$ sOO,567 "A
8. INCOME, 1878.
Cash premiums received. $198,44O 81
Deduct reinsurance, rebate
and return premiums. -. 29,721 81
Net cash actually received for pre-
Interest received on bonds and mort ''i' o.
cages: ...;:....::..:.:.. 1851 4s
all other sources. :,;.::...........:.. 12,e77 IS
Rent. .......................... 1922 A
Total income. ....................$ 1so,ss9 sc
4. EXPENDITURES, 1878.
Gross amount paid for lossesss4 1856 81
Deduct salvage and REIN
sufance.. ................. 1859 Id
Net amount paid for losses. ..........S 1857 @
Cash dividends actually paid. . q, 900 0C
Salaries of officers CLERKS and other
Paid for commissions and brokerage. Ais u
Amount paid for State, national and
local taxes ;;:...... :....:.....: 1,461 IS
agency expenses and fire patrol s3,547 90
Aggregate cash expenditures dur
ing the year .................$ 155 OO4 81
s. MISCELLANEOUS.
Total amount of outstanding risks Dec.
aLls7s. ...........:....: .s27,O7ss s4 Ot
Total premiums received. from organ
ization of company to date. 80, 2,12o,e52 "a
Total losses paid from organization OF
company to date ................... l,12As27 os
s. BUSINESS IN MINNESOTA, 1878.
Amount Of risks taken. :.......s 9s,275 DC
Amount of premiums received w sS1 90
Amount of outstanding risks III Min
nesota at end of year. .............. 71,475 90
amount OF losses paid ................ S GO
Amount of losses incurred claimed
and unclaimed. Observation-Disclosures. 90
STATE OF MINNESOTA.
DEPARTMENT OF INSURANCE..
Whereas, the Star Fire Insurance Company Of the
State of New York, has filed in this departm emit
sworn statement exhibiting its condition and
business for the year ending December 3lst, 1873
and has otherwise fully compl ed with the require
ments of the insurance laws Of this State.
Now therefore, I, A. r McGill, Insurance COM
missioner of the State of Minnesota, do hereby
tlfy that the above named company is fully empower
ed, through its authorized agents. to transact Its a
propr1ate business Of fire insurance In this State ao-
cordng to to the laws thereof until the 31st day OF
January, A. D. 1880.
Witness my hand and official seal this sOth day OF
January, 1879. A R. MoGILL,
Insurance Commissioner.