Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1891-05-15
A NNUAL STATEMENT For the scar enc
ecember 81, A. ID. 1890, of the condi,
and affairs of the
Masonic Mutual Aid Association,

OF MINNEAPOLIS, MINI.
organized under the laws of the state of
Minnesota; made to the Commissioner of Insur-
ance OF the State OF North Dakota, in pursuance
President, Joon E. schlener; vioe-president,
II: N; Foote; secretary. GA. stoneman. Princi-
pal once, minneapolis, Mimi.
ORGANIZED or Incorporated June 16, 1877; com-
menced business June IL, 1877.
Property or Assets of the Company.
Amount of net or invested assets De-
The cash on hand in it's office is ... III " :; q
The cash on deposit in bank H.. 1852 90
lOal dS6etS. N,642 ~
Liabilities.
Amount of losses yet unpaid ......$ 5000 90
Total liabilities ...............S 5000 90
Income During the Year 1890.
Whole amount of cash premiums re-
Whole amount Of cash premiums 4'1' w
received on policies written in the
state of North Dakota 49, 81 ,216 OK
Whole amount of income received
from all other sources ......."." 51,61S so
Total income. 56,546 so
Expenses During the Year 1890.
Whole amount of losses paid during.
Amount accrued subsequent to pre-
cedlng statement. ........ ST, 100000
Amount of losses paid upon risks
taken in the State of North Dako-
Amount Of commissions and fees bald
to officers and agents during the
Amount Of fees paid the Commits. 1910 W
siOler of Insurance of the state of
North Dakota during the year 1880
mot including taxes ........ SIS 90
Whole amount paid for salaries of
officers and agents during the year
Whole amount Of all other expendi. W
lures during the year 1sa....... 1888 %
Total expenditures ........... So, 1s4 %
Risks.
Gross amount of risks taken during
the year 1890, A7 :..... 81, O94, 900
Gross amount Of risks taken in the
state of North Dakota during the
Whole amount Of risks outstand.
Whole amount Of losses incurred ''400'000 "
during the fyear 1890, including
those claimed and not yet due, Is $4,000 90
Whole amount of losses incurred dur
ing the year 1880. including those
claimed bot, not yet due, in the
State of North Dakota. ............ 1000 90
Number of agents in the State of
North Dakota
STATE OF MINNESOTA, lss
County of Hennepiu. 5es
H. W. Foote, vice president. and o. A.. Stone
s % a fioDret or # %i ths MssGR'' M Mis t Aid Is.
that the foregoing is a 0 FIJI, true am and coy sss
rect statement of the affairs of said company;
that the said insurance company is the bona
tide owner of at least ole hundred thousand dol
Lars Of actual cash capital, invested in the state
and United States stocks and bonds, or in bonds
and mortgages OF real estate unincumbered, and
worth double the amount for which tbs came is
mortgaged, and they are the above described Off
GERS of said insurance company,
~ " ocr Via D,a..lno+
U. A. SLOVENIAN, Secretary.
Subscribed and sworn to before me this 9th
[sEAL1 JOHN DAY SMITH,
STATE Of NORTH DAKOTA,
INSURANCE DEPARTMENT.
l. A. u. Carey. Commissioner of Insurance of
the state ct North Dakota. DO hereby certify that
ne aboys IS a tlge copy OF the original statement
In witness VIII .raof, [ have hareunto set my
hand and affixed the seal of this Office, at Bis
marck, this 18th day of February 1891,
Commissioner of Insurance.
BY l.. E.. COMERFoRD, Chief Clerk.
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONER OF INSURANCE.
COMPANY'S CERTIFICATE OF AUTHORITY.
Whereas, The Masonic Mutual Aid Association,
Minnesota, has filed in this Office a sworn state
ment exhibiting its condition and business for
the year ending December 81, 1890, conformabie
to the requirements of the laws of this state reg
ulating the business of insurance; and
Whereas, The. said company has fled
in this office a duly certified copy Of its charter,
with certificate of organization, in compliance
with the, requirements Of the insurance laws
aforesaid;
Now, therefore, ], A. L: Carey, commissioner of
insurance Of the state of North Dakota, pursuant
to the provisions of said laws, do hereby certify
that the above named company is fully empow-
cred, through it's authorized agents, 10 transac
its appropriate business of life insurance in this
state, according to the laws thereof, until tie ?1st
day of December, A. D. 1891.
hand and seal at Bismarck this 18th y OF Febr1-
airy, a. 2. 1891.