Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1892-05-20
ANNUAL STATEMENT
FOR TIE YEAR ENDING DECEMBER 81, 1891

ANNUAL STATEMENT
FOR The YEAR ENDING DECEMBER 81, 1891.
OF the Condition and Affairs OF the
y. S.Branch OF the Hamburg Bremen
Fire insurance Company Of Ham,
burg, Germany.
Organized under the laws Of the Hamburg
Germany made to the Auditor of the State oT
South Dakota, IN pursuance OF the laws Of said
ii. MUNcHMEyER, s. v. DORRIEN.
President. Managing Director.
PRINCIPAL Office. Hamburg, Germany.
q SERVICE OF PROCESS IN THE
STATE or OuTH DAKOTA.
list Circuit, y. T. f. White, CYAN 9ankton.
md Circuit. w. II. Holt. Sioux Falls.
SRI Circuit, Geo il, Williams. Watcrtown.
5tli Circuit, Geo. Bolles, Aberdeen.
9Th Circuit, I.ucian W. s.ilwen. Dradwood.
Organized or Incorporated 1854. Commenced
Business January. 1855.
Amour. of Capital Stock stock.
actually paid In Cash s 300, mo 90
III. PROPERTY OR ASSISTS OF THE COMPANY.
8. Cash OH deposit tSee Schedule AZ $3.50 g
1. Accounts mot over three months
old due from agehts.......... 5000 c.
5. Bills receivable for premiums not
Overttue... .................... 6,4H 90
o. Loans on mortgages being the
first lien on real estate worth ut
least double the amount loaned
thereon tSee Schedule 'B'..... 1900 90
8. Stocks and bonds owned by the
Company tSee Schedule "D'.. 1851 ,a25 90
- Total Assets 3 l,sls,5 5sS is is
III. LIABILITIES.
2. Whole amount OF losses yet
unpaid. $500 90
premiums on all outstanding
risks tSOuth Dakota standard
10 per cent. slo.7so ~
d. Amount Of salaries or commits
sions due agents. ........... 14.779 %
Total Liabilities 3 H9.37O -
~. INCOME OF THE COMPANY DURING rHE
/. Whole amount cash premium
receipts, not including prem
fums IN hands of agents or In
course of transmission. Lac, O96 &C
2. Amount OF premiums In hands
mission $500. 1oi. SET &c
Total Premiums for year 1891 : 1,52l,515 M
4. Whole amount Of interest re-
ASA %
Total Receipts s 1.366.5a9 "
v. EXPENDITURES Of THE COMPANY DURING
THE YEAR 1891.
!. Whole amount Of losses paid.. G6l, 325 10
3. Amount Of commissions paid
4. Amount Of salaries paid TO "''0'' =
agents. officers and employees. TO-, 3a5 IS
ilms and cancellations.!...... a6,52e 81
8. Amount paid for taxes and fees
to insurance departments. 49,. 25,l91 &c
Q. Amount paid for printing ,ad-
vcrtistng g. other expenditures
Amount Of all other expenditures G., 045 &c
Total Expenditures s 1,296, i76 DO
I. Net amount OF risks outstand-
ing at the date Of preceding
.. Gross amount Of risks written
since preceding statement. 80. III ga 6! OK
Total RISKS > 23a,l2l, al Gu
/. Amount OF risks expired
during the year lSyl......... 1858 -sE5 &C
Net amount OF Risks in force. s II. .9i5 10
coMPANY's STATEMENT OF hts y Ess TRAN
SACTED IN THE sSATE OF s.ptrH DAkOTA
DURINai rnE YEAH 1881.
/. Gross amount Of pre:Mi,inss
OH risks written. ...... 2.6lt 81
;. Gross amount ~ risks written. 1O6, S67 10
to the Auditor Of STATE. p.." $40 -
s. Whole amount uf losses accrued
during lie year ............... 500 0S
8. Amount II losses accrued prior
~ preceding statement. q $50 co
Z. Amount Of losses accrued
subsequent 10 preceding
Stltcihent. .......,..... 3 SOD Us
8. Whole amount Of losses paid
during tile year. ................. 1,2o0 o.
0 Nu'nocr Of agenty employed in
Net amount OF risks in force IN
tile IFS. IA 90
VIII. c~oMrANY's srArEMENT OF LOSSES.
I. Whole amount Of losses paid
during the year ,sai........... 6sa,325 70
2. Amount accrued prior to pre-
ceiling statement. .............. 5O,S3D 10
preceding statement........ Se7.s55 20
Z. Whole amount Of losses re-
milin!ng unpaid IT date OF this
Observation-Disclosures. ........... $500 90
N