The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1890-04-18
MARVEL
ANNUAL STATEMENT

ANNUAL STATEMENT
For the year ending D.: nlber 81, A. d. 1889. of
the condition and affairs of the
MINNEAPOLIS MUTUAL INSURANCE
CO., of Minneapolis.
Organized under the laws nf the state of Min
nesota made to the auditor of the state Of
state.
President. B. F. Nelson
Vice President. j. I. Wyman.
Hecretary. G. H. Spencer
Principal Office. Minnea oils, Mimi,
Attorneys for service ofprocess in the state
First judicial circuit, j. NJ King, Yankton
Second Second Judicial i,sia circuit, Holt, cloudas & Co..
Sioux Falls: Minnehaha county,
Third judicial circuit f. +. Anderson. Lake
Preston, kingsbury county.
Fourth judicial circuit, G. @. Bras & Co.,
"sanei Fits iaaiela GSeH crcuit T. Sessions. Column
bin. Brown county.
Sixth judicial circuit, d. II. Evans, Ipswich,
Edmunds &C unity.
Organized or Incorporated Dec. l. 1856 COM
| menced bllsines Dec. l. 1885.
III CAPITAL.
| Amount of capital stock actually
| paid in cash, premium notes ...S 34i.552 AZ
| ", PROPERTY OR ASSETS OF TIE COMPANY.
The value of its real estate, office
furniture and supplies is. $30 0U0.
| Tile cash on hand in its office is... 2,207 81
| The cash on deposit in bank is... 1924 "a
| The C ,sn in hands of ag -nts and in
course of Transmission is ........ s3902 SO
| Loans on bonds and mortgages. be-
| ing the first lien on real estate
| worth double the amount OF the
| sum loaned thereon ............... G,l0T 81 /
| Stocks and bonds owned blythe COM
| pany towt: National Map inspec-
out at market Value ............. . .l 800 90
Total assets. 432,2A 80
V, LIABILITIES.
| Amount of losses vet unpnid,.... 17,906 %
Whole amount of unearntd preni-
ulls on outstanding risks ... 4s,0Ob OF
Total liabilities es...........S 65sll 20
vi. INCOME DURING THE YEAR 1899.
Whole amount OF cash premiums re-
Whole amount of premiums re-
celved on policies written in the
state of South Dakota, Sl,3I6.46.
Whole amount OF interest money
| received. ................. LILO W
Total income. L. ... ..... ........s 2l7,o4o 10
VII. EXPENSES DURING THE YEAR 1889.
Whole amount of losses paid
during the year 1883. ..............3 81 4l3 80
Amount accrued ed p prior to preceding
Amount accrued subsequent to pre-
ceding sta enent, Sl7.SOG n.
Am ,unt OF losses paid upon risks
taken IN the state OF South Dako-
ta, 81 ,U2l e6.
Amount OF commissions and fees
paid to officers and agents during mn, -
Amount Of taxes paid during the: =.
A%oan aan t1sf Of taxes paid the territory ~
OF Dakota during the year 1889,
Sl39 II.
Amount of fees paid the auditor OF
the territory of Dakota and the
auditor OF the state of South Da-
kota during the year 1889, not in
clllding tax S, 500.
Whole amount paid for salaries of
officers and agents during the
Whole Whole Htii amount Of ali other ex- ' "
], pendtures during the year 1889, G3383 3s
Total expenditures. .............S 1925 l.
VIII. RISKS.
/. Gross amount OF risks taken during
l. the year 1889, 56.45U 80.
q state of South Dakota during the
year 1883. $40, ,lO2 40.
Whole amount of risks Outstand-
whoie amount Of losses incurred ''' '~' "
during the year 1889, including
those claimed ana not yet due,... 69.6l5 81
Whole amount of losses incurred
during tile year 1882 including
those claimed and not yet due, III
the state of SOath Dakota. l.02l Ut
Number OF agents in the State OF South DakO
STATE OF MINNESOTA,
County of Hennepin.
BE. Nelson, president, and Q. H.. Spencer
secretaryof the Minneapolis Mutual Fire In
surance company being duly sworn depes,
ana say shat the 9rsEqbng Eb Is la true
pany and they are the above described officer
is - ~ b. F. NELSON.
lr =. c.H.spENcER, FEseiSfH''
Secretary.
Subscribed and sworn to before me this 27t
day OF january, lS9J.
- VIVIAN sLYKE..
.. [sEALl Notary Public.
q Hennepin County. State OF Minnesota.
\ STATE OF SOUTH DAKOTA,
"a AUDITORS OFFICE,
II Insurance DEPARTMENT..
q ]. L, G. TAYLOR, Auditor of the State c
South Dakota, do hereby certify that the abOy
- is a true COPY Of the original statement now o
file in this Office
In witness whereof, I have hereunto set nj
hand and affixed the seal OF this once at Plerr
this twentieth day OF March. 1890:
lSEAL,l l. c. TAYLOR,
Auditor.
BY L. P. Chapman, Deputy.
STATE OF SOUTH DAKOTA
- OFFICE OF STATE AUDITOR
Department OF Insurance.
coMrASY's CERTIFICATE OF AUTHORITY.
Whereas. The minneapolis Nut
sc al Insurance company, CO
poration orvanz ami d. ~ under isI oee the s Ia,
@ statement exhibiting ils condition and bu.
a ness for the Year ending December 3lst, 49,
n conformable to the requirements OF the laN
~ of this state regulating the business OF inst
x Whereas. The said company has filed i'll II
olESS uu'S " 'thNu SoPS iAot.N. w
or a certificate Of oIganization in complain
i'm with tine requirements oi the insurance Id,
n, ,nt N Now. therefore. /, l.. G. Taylor. auditor
full the state OF South Dakota, pursuant to the n
by visions of SAID laws. do hereby certify tn
rs the above named company is fully empower
he through IT'S authorized agents 10 transact
re- appropriate business OF fire insurance in Il
III state according to the laws thereof until I
or II day OF December, A. D.. 1870.
nd In testimony whereof l have hereunto
rps my hand and seal at Pierre this goth day
NIL March A, ID. 1880
ISFAI. H., q. TASl LON,