The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1891-10-16
It is Safe and SOUND

Whenever a life insurance COM
pany desires to do business in a
state in which it has not operated,
it makes application to the insur-
ance department of that state for
admission. Thereupon the actu-
aries of such state proceed to thor
oughly examine the financial con-
dition of such company, with
special reference to its ability to
pay all its contracts. If the re-
suits prove satisfactory to the de-
partment, it issues a license to the
company to do business in the
state. With a view of t~ransacting
business in the state of Ohio, the
Life Indemnity and Investment
company of Sioux City, Iowa, have
very recently applied for admis-
sion to said state. The following,
taken from the Sioux City Daily
Journal of the 1st inst. shows the
standing and solvency of the COM
pany IS verified by the Ohio ac-
tuaries:
"The actuaries of the insurance
department of Ohio have been
busily engaged during the present
week in making a thorough exam
ination of the business and affairs
of the Life Indemnity and Invest
ment company of this city, The
company has s227,2o7 SO of net
assets and a clean surplus of s119,-
691.33. A rumor was circulated
a short time since that this COM
pany was about to go into the
hands of a receiver. The policy
holders are we'll pleased to learn
from this examination, that instead
of being a subject for a receiver,
the company has more than two
dollars of assets for every dollar of
liability. The report that a petition
had been filed for the appointment
of a receiver had its origin in the
fact that suit has been brought in
equity by certain Of the old policy
holders Of the company to have a
certain feature of their contracts
set aside, which it is believed
would be inequitable in its ope-
rations. h at the rumor is wholly
groundless is abundantly proven by
the results of the examination
which the company has just under
gone. Any decision that may be
rendered in the case referred to
will in no way involve the solvency
of the company.-Times.
Sheriff Mcdonald, of Lawrence coun-
ty, Ben Carr, Marshall of Deadwood,
and Deputy United States Marshal
Matheson went down the road on Sat.
urday evening accompanying three
Lawrence county offenders. The Grim.
mails were Jack mccarthy, convicted on
the charge of grand larceny and sen.
fenced to two years in, the penitentiary
He tried to steal $3.50 in a crap game
Another Of the criminals was the darky
Brown, who made an Intellectual at.
tempt to STAY his mistress and theu
take his own life. The weapon he
used was a razor and the woman was
considerably carved. He gets three
years. The other Is a seventeen yea,
old lad by the name of VIM. HUT who
upon the charge of grand larceny, il
sent to the reform school.
General Greenville nj. Dodge ha.
been elected president of the Society o.
the Army of the Tennessee, the place
being made vacant by the death o.
General William Tecumseh Sherman
That hacking cough can be quickl,
cured by Shiloh's cure. We guarante,
It. Sold by Root.
A Rare Bareajh.
Forty acres Of land (suitable fol
plating as an addition t3Hot Springs
fol sale. For full pa,.ticulars call OF
ar address .EoHr NJ. YESroN.