The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1890-05-10
IA NNUAL sTATEMENTfor the year end
- ing Dec. 81. Al. D. 1880. OF the etrditio
and affairs OF the
Northwestern Mutual
Life ms. Companv.

Commenced business NOV. 18th, 1858.
CAPITAL.
Amount of capital stock actually
paid in cash Purely Mutual.
PROPERTY or ASSETS or THE COMPANY.
The value Of its real estate is s1.1S8,8 $50 so
The cash on IN ha N +, IN ! tt 500 ofiice Y, IN
The 5se asss ea d e. 1sss in bank i. 1, sss,s1s g
Loans on bonds and mortgage, be-
ing the first lien on real estate |
su N loaned thereon so,oss,4 s4 Is
stocks and bonds owned BY the
ule attached to Acknowledgement
total carried out at marke ct valuez,U76,S57 ~
Stocks held as collateral security
tor loans, to-Wit:
Premium notes loans or liens IN
1atsssss aae ssS,ss5.ls and accrued 80 :, g
D sfeg'ss and nreported premiums
ns 3 ;;ss 's !; ssI r. :s' 81 s''' NsN': ss s;;sss g
Bills receivable l49 Is
Accrued rent on company's buildings sos 10
Total Assets -ss7, 1850 81
Liabilities
OF losses and matured en-
dorsements yet unpaid, In process
Of adjustment or adjusted and not !.
Amour Of claims for losses resist :
ed by the company l4,UOO w
Amount of dividends declared and
due and remaining unpaid, esti- : 90 a.
Premiums paid in advance $4,000
accrued commission estimated
$4,000, reserve for paid up insur-
i, ance claimable $ll9,l60 l3l,l60 %
Amount OF ali other existing claims,
reserve on %e out aa maIss P0lic a;ss,
Surplus on policy holders account 5,e4O,947 Ss
Total Liabilities ss7,llo,s7o 81
Income During the Year 1883:
Whole amount Of cash and notes
premiums received $7,347 ,l93 81
Whole amount Of cash premiums
E E, { e S e. RSSl bsso Etit ssa17 ia 3
Whole amt Of interest money re- : 200 =.
W eseXea amount of income received i''0'''' "
from all other sources, rents for
company's property 1850 ~
Total Income s9.s7s,45s 81
VII. Expenses During the Year 1883:
Whole amount of losses n ma
tpaed engagements 7sSS paid during {, or ose 40
the year lSsS ss.s . = ,,a,r.a sS's47,o6e ~
dowments paid upon risks taken y
policies 2e7,oN Is
the year OF 1853, 2s,o4s OF
Amount of commissions, salaries
n espe sass paid to agents dur %, aoa 90
Amount IF ,ss & taxes paid during 90 seo o.
w the year :, is Ss,d for sa,ar;es Of 81. @''So"
ficers and clerks during the year
1883, exclusive of medical and - y
W6eeIea uso of all other expendi-
lures during the year 1888, supplies
and other expenses ss5s,lss 50
.--E ~. d" -------
Total expenditures 5,26O,S45 81
Risks
Gross amount of risks taken during
the year 1889 4s,O5s, o7o 70
Gross amount of risks taken in the s
State of North Dakota during
whole &c amt 1" Of risks outstanding sSa, 1852 90
Whole amount OF losses incurred
during The year 1889, including
those claimed and not yet due l,854,7S7 Is
Whole amount OF losses incurred
during the: year 1889, including
those claimed but not yet due,in ~,
in the State Of N. Dakota, 81 LOO.
Number of agentsi In the stats of N. Doc.
State Of Wisconsin, ,ss
County Of Milwaukee. ""'
HI. Palmer, President, and J. w Skin
ner, Secretary, OF the Northwestern Mutual
LIE rhsn ! Is dpaaanyss, OF aa Mh san t re, H. is,
foregoing is to the best of their Information,
knowledge and belief, a full, true and correct
statement Oh the aIlulfS Oh Stlu COulpduy,
that the said insurance company Is the bona
fide owner of at least One Hundred Thous-
and Dollars Of actual cash assets, invested In
the State and United States Stocks n Bonds
or in Bonds and Mortgages of Real Estate
u~nincumbered and worth double the amount
for which the same Is .mortgaged and they
are the above described officers Of SAID Insur-
ance Company. H. L.PALMER, Pres't.
j. w. SKINNER, Sec'.y.
- Subscribed and sworn 70 before
SEAL me this slst day Of Jan: 1880:
Notary Public, Milwaukee, Wis
State Of North Dakota, \
Insurance Dept.
surance of the State of North Dakota, do
hereby certify that the above is a true copy
Of the original statement now on file In this
office.
~ In witness whereof, I have here
SEAL unto set my hand and affixed the
~ seal of this office, ct Bismarck, this
9th day OF Apf, AZ. lfso CAREY,
Commissioners Of Insurance.
i II J, I. F. E. co y REQ Chief GleFk;
Office Of Com. of Insurance.
Certificate Of Authority
WHEREAS, The Northwestern Mutual
Life Insurance Company. q corporation OF.
In this office q sworn statement exhibiting
its condition and business for the year end
ing Dec. 81, 1885,, conformable TO the require
Of the laws OF this State regulating
the business of insurance.; and
Whereas, The said Company has nled In
office o duly certified copy Of IT. charter,
with certificate u organisation, In cOmpli-
ance with the requirements OF the insurance
Aforesaid
Now Therefore, ], A. L. Carey, Commits
sioner OF Insurance of the State OF North Da-
kota, pursuant to the provislOnso Of said laws,
d.. hereby certify that the above named COM
pany Is fully empowered through its author-
ness OF Life insurance, In this state accord
ing to laws thereof, until the 8lst day Of Dec,
- In Testimony whereof, l have
SEAL set my hand and seal at Bismarck
- this 18th day OF March. Al. 1880.
A. II. CAREY.
Com. of Insurance.