Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1891-05-01

.ull RlVeT
Lumber and Building Mat
MAR
A NNUAL STATEMENT. for the year ending
and affairs of the
COMMERCIAL INSURANCE COMPANY,
OF CALIFORNIA.
Organized under the laws of the State of
California; made to the Commissioners of In
surance of the State of North Dakota, in pursu-
President, John q. Wise; secretary, Charles A.
LatoR; principal Office. no. 4s9 California st.,
San Francisco.
Organized or incorporated, February %, 1872;
commenced business, March /, 1872.
Capital.
Amount of capital stock actually paid
IN cash. .S2OO,O O 10
Property or Assets of the Company.
value of its real estate is ........$ $500 0
The cash on hand in its office
The cash on deposit,n bank
S7,lS3 10
- 7o,517 go
course of transmission is. ... 81. 1852 4S
Loans on bonds and mortgage. being
the hrst lien on real estate worth
double the amount of tho sum
loaned thereon 1OO,22 26
Stocks and bonds owned by the com
pany, as per schedule attached to
original statement, total carried
out at market value .............. III, 1888 IL
Stocks held as collateral security for
loans, as per schedule attached to
original statement. amount
loaned thereon. $500 90
All other sums due the company:
Marine premium notes
Interest ter aga. accrued. :s4'559 81
- 5,227 &C
Total assets 1922, s16 g
Liabilities.
Amount of losses yet un-
Amount Of claims for losses
resisted by the company. 5000 90
-.-- s1s,776 AZ
Whole amount of unearned premiums
on outstanding risks ..:......... 174,411 81
Amount of all other existing claims. 1885 AZ
Total liabilities 1886. 55s A.
Income During the Year 1890.
Whole amount of cash premiums re-
Whole amount of cash premiums re-
ceived on policies written in the
State of North Dakota. 80. s. ,485 "a
Whole amount of interest money re-
ceived. 1925 Q
Total income. s45s, 6s7 4
Expenses During the Year 1890.
Whole amount of Losses paid during
the year 1890, fire and marine. :. ,...$ 266, 058 4
Al sfsts%e accrued prior to peses,c1esdlipSg e
A@ s%ssa'' accrued subsequent ts t. !' pre- .
ceding statement. ..... j. :. S25S, $50 II
Amount Of losses paid upon risks
taken in the State of North De-
Amount Of losses accrued snbs s9UH nj
to preceding statement. .ss6s SO
Amount OF. commissions and fees paid
! to officers and agents during the ~,
Amount Of taxes paid during the year
Amount Of taxes paid the State
Of North Dakota during the year
Amount Of fees paid the Commission.
or of Insurance. of the State OF
North Dakota during the year 1890,
lnot including taxes :S54 W
officers and agents during the year
w hole amount Of ali other expendi-
lures during the year 1890. .......... S4,l97
Total expenditures. ................$441,S2 1872
Risks.
Gross aniornt Of risks taken during
the year 1890, fire and mar,
ine::: :; a.. t:s ss5, W. ~ 1; tbo
State Of North Dakota during the
year 1890. ............H...$1O1,95 1857
| whole amount of risks outstanding,
fire and marine ............... $26, 977 CTS
Whole amount of losses incurred
during the year 1880, including
those claimed and not yet due .... 253,68O
Number Of agents in the State Of
North Dakota. .................n
STATE OF CALIFORNIA. lss
John H. Wise, president, and Charts
fnsnFsnSs eo%psay: Of California, bsiPe
fs e' sysoin sTG Is a fu afieP 9fss and an sorrs ssy sta sens IN q
the affairs of said company; that the said Insul
ace company is the bona tide owner Of at leas
one hundred thousand dollars of actual cash car
ital, Invested in the state and United State
stocks and bonds, OF in bonds and mortgages O
real estate unincumbered and worth double tn
amount for which the same 10 mortgaged,- an
they are the above described officers Of said in
JOHN II. WISE, President.
CHAs. A. LAToN, Secretary.
Subscribed and sworn to before ne this sOt
day Of January. 1891.
Notary Public in and for the city and Count
Of San Francisco. State of California. No. 81
Montgomery st.
STATE OF NORTH DAKOTA
INSURANCE DEPARTMENT..
I, A. L. Carey, Commissioner of Insurance Q
the State of North Dakota, do hereby certif
that the above is q true copy of the origina
| statement now on file in this Office.
In witness whereof, I have hereunto set m
hand and affixed the seal of this Office, at Bis
marck. this 25th day of February. 1891.
[sEAL] Commissioner of Insurance.
BY l.. E. C~oMERFoRD. Chief Clerk.
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONER OF
| CoMPANY's CERTIFICATE OE AUTHORITY
Whereas, The Commercial Insuranc
company, a corporation. organized unde
the laws of California, has filed j
this Office q sworn statement exhit
itinR it's condition and business fo
the year ending December 81, 1890, conformabl
to the requirements If the laws of this state, reg
| uIating the business of insurance.: and
Whereas, The said company has filed in thi
Office a duly certified copy of its charter, with cer
ti6cate of organization, in compliance with tn
requirements of the insurance laws aforesaid.
Now therefore, !, A. L.. Carey, Commissioner c
Insurance of the State of North Dakota, pursuar
to the provisions of said laws, do hereby certif
that the above named company is fully empow
cred, through its authorized agents. to trsnsac
it's appropriate business of fire Insurance in thi
State, according to the laws thereof, until th
S1st day of December, A.. D. 1891.
In testimony whereof, l have hereunto set m
hand and seal at Bismarck, this 25th day of Febrr