Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1891-04-16
U. s. BRANCH.
A NNUAL STATEMENT FOR THE YEA

10. IS.
A NNUAI. STATEMENT FOR THE YEAR
- ending December 81, A. d. 1890, of the con-
WESTERN ASSURANCE COMPANY OF TOR
organized under the laws of the Dominion of
Canada, made to the auditor of the state OF
South Dakota in pursuance OF the laws OF said
President, A. M. Smith; secretary, c.. G..
Foster; managing director, j. J. Ken4ey; princi-
pal Office, % Wellington street, East Toronto
Attorneys for service of process in South
Dakota.
Falls, Minnehaha county; third circuit. s. a.
circuit. W. A. Rogers, Mitchell, Dawson county;
cou n t sixth circuit r. W. Pratt Pierre, Hughes
county: seventh circuit, Henry E. Bailey, Rapid
City, Pennington county; eighth circuit. Samuel
Cushman. DeadWood. Lawrence county.
PROPERTY OR ASSETS OF THE.CoMPANY.
The cash on hand in its Office is. 80 81
The cash on deposit in bank is. ..... 138,257 19
The cash in hands of agents and In
course of transmission is. ...... ,5gS W
Stocks: and bonds owned by the
Iet value. ' sos,s22 so
bills receivable. w sosss 90
Total assets. 81, 11211s 10
LIABILITIES.
Amount of losses yet unpaid. ......:$ SO,17 %
Amount of claims for Losses resisted -
Whole amount Of unearned prem prem
iums on outstanding risks; -. 5s5 ,31S rs
Amount of all other existing claims IL, 1891 81
Total liabilities. ..................s 6s5.ess 81
INCOME DURING THE YEAR 1890
Whole amount OF cash premiums re- o =.
Whole amount of cash 49, ,''' '~'-'''-'
premiums received on s.
policies written in the
state of South Dakota -. $4.95S 81
received ~ - - 1889 0S
Total income ..,...... .....,.. 81 PAS $50 20
EXPENSES DURING THE YEAR 1890.
the year 1890 1867. . 755,os2 81
Amount accrued prior to
| preceding statement. ST., lis 30
| Amount accrued subse-
quent to preceding state ~. nan a..
Amount noun of losses paid
| upon risks taken in the
state of South Dakota. :; 1855 50
Amount of Losses accrued
subsequent to the pre-
| ceding statement....... 26S5 W
| Amount of commissions and fees
the year "a 1852 1856. 4. e 225ss2 q
Amount Of taxes paid during the ., 40, :,
Amount Seaa t0' of taxes paid the - "
state of South Dakota dur
| Amount of fees paid the aud
| itor of the state of South
| Dakota during the year
1890 mot including taxes1. 20 90
Whole amount paid for alaries of
officers and agents during the 90 am ~
Whole amount of all other exsp,endi-
lures during the year 1890. - 8s,061 q
Total expenditures. ............>. $1,12i,157 81
/ RISKS.
Gross amount of risks
taken during the year nm o..
| 1871 SLo0'o3ofoIo
Gross amount of risks
taken in the state of
South Dakota during
the wear 1880 . 350,637
Whole amount of risks outstanding $T7, 5s2, $50 @
Whole amount of losses incurred
during the year 1890 including 10000 .
those claimed and not yet DUE. 762SSS
Whole amount of losses incurred
during the year 1890, including
those claimed and not yet due, in
the state of South Dakota. ......: 2,635
Number of agents in the state of South Dakot
fifteen.
Dominion of Canada. Province of Ontario
County of York-ss.
Foster, secretary of the Western Assurance com
pany being duly sworn depose and say that tn
foregoing is Il full, true and correct statement @
the affairs of said company: that the said 1nsuI
ance company is the bona tide owner OF at leas
, one hundred thousand dollars, of actual cas-
capital invested in the state and United State
stocks and bonds or in bonds and mortgages c
real estate unincumbered. and worth double tn
they are the above described officers OF said il
, J.J KINNEY,
c. C. FOSTER, Managing Director.
/ Secretary.
Subscribed and sworn to before me this 2It
9 |'' A. r. CREELMAN,
e Notary Public.