The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1890-05-03

A NNUAL STATEMENT for tina year ending
IA December 81. A. D. 1879. OF the condAtioa
and affairs OF the D. 1913 w.
Mutual Life Insurance Co.,
OF NEW YORK.
Organised under the laws Of the state Of N. T..
made to the Commissioner Of Insurance Of
the state Of North Dakota, in pursuance Of
the laws of said State.
President-Richard A.. McCurdy.
Vice, President-Robert A. Qrinniss.
Secretary-Wm. j. Easton.
e P;ins,g:i C u 1 : s.:::s .t; h. is. no't'
Commenced business-Feb. /, 1S43.
III. CAPITAL.
Amount of capital stock actually paid
| in cash . -. . . . =. . "A Mutu1A 20.
". PROPERTY OR ASSET OF THE COMPANY.
The value Of its real estate Is . -s12, ss2. 62s Il
The cash on hand in it, office is . 1871 o.
The cash ON deposit in bank Is . 3,971,a51 ~
The cash in hands Of agents and In
course of ransmissio 10 18,S67 Ol
Loans on bonds and mortgage, being
the first lien ON real estate worth
double the amount Of The sum loaned
Stocks and bonds owned by the com.
pany, as per schedule attached to
st otitssIhs held as Collateral security for
loans, rs rer schedule attached to
loaned ~ 9,s45,60 o 90
All other sums due the company $685. 2s
Total Assets, $780, ol, 1913 o.
v. LIABILITIES
Amount required to reinsure outstand- e
ing isks(American experience table
An mounts . 81 T 'o.. per s sss unpaid. in pro-: 1905 '' %
cess of adjustment or adjusted and uu. n.
AMOUNT MOI nts Of claims for los.e. resisted
\ - Ahn A.Z04 WI
Whole amount of unearned premiums
on outstanding risks, 41,S64 %
Amount of all other existing claims,
viz: under 'non-forfeiture clause"
in policies . j. . . = . . Td,ooo w
Total Liabilities, s12s,744.o ore IS
vi. INCOME DURING THE YEAR 1889.
Whole amount OF cash premiums re.
whole amount of cash pre-
miums received on policies
written in the State of ga "a. .s
Whole amount of interest money re-
Whole amount sof income received
rot., Income ,s4,4 9e, oss -
VII. EXPENSES DURING THE YEAR 1889.
Whole amount Of losses matured en-.
dowments surrendered policies and
additions paid during the year Ss9,l2.S1l,7Sl 81
Amount Of losses paid upon
risks taken in the State OF
k k%tSn 1"t ci si :, paid s' dus,n ss
Amount Of commissions and fees paid
to agents during the year
AMOUNT aSou of taxes paid during the year .,,,..,.
Amount Of taxes paid D.tot. during
Am sns Ss' Of Tee fes. paid p.lo.: during
the wear 1sss(not including taxes) . so.
Whole amount paid for salaries OF OH
GERS and agents and expenses O flaw
department., during the year 1889. 7sS,l43 II
Whole amount Of all other expendi-
lures during the year 1889 . -l'094.olS ~
Total Expenditures, s2l.s2 500 81
VIII. RISKS
Gross amount of risks taken
during the year 1889 : $l6l,564,S %
Gross amount of risks taken
in the State of North d.
kota during the year 1889. $50. 97o 90
Whole amount Of risks outstanding 5os. 3s7 90
Whole amount of losses incurred dur
ing the year 1889, including those
claimed and not yet due. in the state
Number Of scents in the state Of n. Dakota, 9.
STATE OF NEW YORK. |ss
I. F. Lloyd. I'd vice-President, and Wm.J J. Eas-
tou, Secretary Of the Mutual Lite Insurance
Company Of New York, being duly sworn.
sdspose and say that the foregoing Is . full. true
correct statement of the affairs OF said COM
pany; thst the said insurance company Is the bona
hde owner of at least ONE THOUS-
AND Of actual cash capital, invested IN
the State and United States stocks and bonds, or
in bonds d mortgages of real estate
and worth double the amount for which the same
il mortgaged, and they are the above described
ofhcers Of said insurance company.
ISAAC Z, LLOYD. I'd v.-Pres't.
VIM. J. EAsTON, Secretary.
Subscribed and sworn to before mo this 5Snd
day Of March 1890.
- In witness whereof I have hereunto
TsxAL.1 set my hand and ahaxed my official
49, seal CHARLES NETHLETON,
Commissioner for N. D.. In New York.
STATE OF RTE DAKOTA.
DEPARTMENT.
l. A. L. CAREY, Commissioner Of Insurance OF
the State Of North Dakota, do hereby certify that
the above Is . true copy Of the original statement
now on nle In this Office.
In Witness whereof, / have hereunto sst my
hand and adxred the seal OF this ONCE, - Biz
march, this 9th day Of April. 1890.
s.AL Commission: {; !: = Insurance.
BY /. d. C~OMHRT0RD, IN
III. Chief CLERK.
TIE STATE OF NORTH DAKOTA
| Office Of Commissioner Of lnsurance.
COMPANIES c~ERTIFICATE OF AUTHORITY.
WHEREAS, The Mutual Life Insurance Co.. 9
| CORPORATION organised under laws OF NY. mas nled
in this Office q sworn statement exhibiting It's con-
| dition and business for the year ending December
Al. 1890. confOrmable to the requirements OF tn0