Bismarck weekly tribune., 1889-07-12

ANNUAL STATEMENT
For the year ending December 81, A.. D. 1888. Of
the condition and affairs Of the
Western Assurance Co. Of Tsrsnts,
Organized under the laws Of the Dominion Of
Dakota, pursuance Of the laws Of said Territory.
Am SMITH, p JAMES BOOMER,
]. J. KENNY, Managing Director. Sa.'e'a's.
Principal Office, az Wellington St. East: Toronto.
Iy.-Property or Assets of the Company.
The cash on hand in its office is..... $lo as
The cash on deposit in bank is...... so,61s 81
The cash in hands of agents and in
course of transmission is .......... Io6,77I 70
Total carried out at market value,.. 837,ao7 SO
All other sums due the Company,
bills receivable. .................. 46,726 a.
Total Assets. ,o4s3ao 81
V-Liabiities.
Amount Of losses yet unpaid......": $73,sa3 1o
Amount of claims for losses resisted
BY the Company. 1900 90
Whole amount Of unearned prem
iums on outstanding risks s12.1r3 16
-, Total Liabilities ............... $59o.s36 IS
V!:-1ncome during the year 1888.
Whole amount of cash premiums
received ....... .16a.961 ss
Whole amount of cash prem
iums received OH policies
written in the Territory of
Dakota a................. e. .8Ir a.
Whole amount of interest money re-
relved 3o,s64 81
Total Income. e.:.................$1,193.s sac ga
V!I-Expenses during the year 1885,
Whole amount INT of losses paid during
the year 1888. ss.:..................... $79s,4ss 7s
Amount accrued prior to
preceding statement. .$1o3,s27 80
Amount accrued subse-
quent to preceding
Amount Of losses .'i,aii paid ''>'9'N -
upon risks taken in the
Territory of Dakota.... 1,626 63
Amount of losses accrued
subsequent to the pre-
ceding statemcnt...... 1876 63
Amount of commissions and fees
paid to officers and agents during
Amount Of taxes paid during the
year 1888 ......................... a6,61o so
Amount of taxes paid the
Territory of Dakota dur
ing the year 1883 ..... 163 66
Amount of fees paid the
Auditor of the Territory
of Dakota during the
year 1888 mot including
Whole amount paid for salaries of
officers and agents during the year
Whole amount Of ali other expendi. :3 '''<' -
lures during the year 1883. S1,o24 OF
,,, Total expenditures. ..s1,1s4522 IS
VIII.-Risks.
taken during the year $s8,o63,s21
1885,. 72,232,6sI
srso,a96.172 -
Gross amount of risks
taken in the Territory of
Dakota during the year
Whole amount Of risks utsisnd;ne 7u 90
Whole amount of losses incurred
during the year 1888, including
those claimed and not yet due.... 773ooo o6
Whole amount of losses
incurred during the
year 1888, including
those claimed and not
yet due, i'll the Territory
Number Of Agents in the ieif,ory Of 9 Dakota
Province of Ontario, Sss.
County of York.
j. J. Kenny, Managing Director, and James
boomer, Secretary, Of the Western Assurance
Company Of Toronto. being duly, sworn. depose
rect statement of the affairs Of said company: that
the said insurance company is the bona ide owner
actual cash capital. invested in the State and
United States stocks and bonds, or in bonds and
mortgages of real estate unincumbered, and worth
double the amount for which the same is mort
gagged, and they are the above described officers
III. KENNY,
JAMES si155'sf Eo5HEf. Director.
Subscribed and sworn to before me this aoth day
of January, 1889. A. B. CREILNAN,
Notary Public.
AUDITORS Office Insurance Department.
J. c. McManima, Auditor of the Territory of
Dakota, do hereby certify that the above is true
copy Of the original statement now on file in this
Office.
In witness whereof, have hereunto set my hand
and affixed the seal of this Office Bismark, this
9th day of April, 1889.
]. C. McNIANIMA, Auditor.
TERRITORY OF DAKOTA.
Office Territorial Auditor, Department of