Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1892-04-21
ANNUAL STATEMENT.
For the Ycnr Ending December 81,
A. ID. 1891.


by the company. 10000 90
Cash in office. Observation-Disclosures. 81 81
Cash on deposit lsec schedule Al Bliss 10
Accounts mot over three months
old due from agents. SSH 40
Bills receivable forprcmiums not
overdue. ACKNOWLEDGEMENTS. 0iiS II
Looms on mortgages beng the
first lien on real estate worth
1T least double the amount
loaned thereon lscc schedule b i59a3 p
Loans on stocks and bonds held
as collateral security lsce
Interest due and accrued ......... 1868 IS
Furniture and fixtures. i25 81
Total assets .......... 1iO1s7 G5
LIABILITIES.
Capital stock actually paid in cashS 10000 %
Whole amount OF losses yet I'M
paid. .:.,-.-......:....;;,..,. 2,Si 81
Amount of losses resisted by the
company. ...... no D
Whole amou.t of uncnrrcd pro
minmS on all out standing risks
lSonth Dakota standard 40 per
cent?. :. ........................ 3l,5as ~
Total liabilities $50. 5 1;i5.:n3 %
INCOME OF THE CoMrANY DURING TIE YEAR 1891
Whole amount cash premium re-
ccipts. not including premiums
in hands of agents or in course
of transmission SSl.ai II
Amount of premiums III hands of
agents and in course OF trans
Premiums received in .promis
sorry notes. ............S2 ..il6 So
Total premiums for year 1891 80. !25.3 a'j
Whole amount of interest re-
ccip,s 80. ................. 1919 ~
Total receipts. a6,l!G' 3S
EXPENDITURES OF COMPANY DURING YEAR 1891.
Whole amount of losses paid. 33.sp9 "a
Amount of dividends paid 6.S}3 81
Amount of commissions paid to
agents ...................... 1869 80
Amount of salaries paid to officers
and employees ......., 1854 ~
Amount paid for return prem-
uIns and cancellations $3.50. 1906 65
Amount paid for litigation ex
pcnscs Observation-Disclosures. 90 80
Amount paid for taxes and fees
to insurance departments. 3Sa 10
Amount paid for printingand adj
Amount of all other cxpendi-
lures NOT included in above. $3.50 81
Total expenditures. siSs0 Il
Net amount of risks outstanding
at the date of preceding state
ment Observation-Disclosures. IS o,sb4,95l 90
Gross amount of risks written
since preceding statement ..... 3.2S?.9lO %
Total risks ............... S,i5i,l9I %
ing the year 1891 aud ...........
Amount of risks expired during
theycnr lS9l......... ........ i,241.i9S 90
Net amount of risks in forceS 3,n5.d96 90
Comcanys statement of business transacted
in the state o South Dakota during The year
1891.
Gross amount of premiums on
risks wrltteti......... ..':.....s 1895 VI
Amount of interest received on
| loans within this state. 1919 ~
Gross amour, of risks written. 5Sl.t.S 90
| Amount of taxes nnG fees paid
to the auditor of state $3.50. 20 -
| Whole amount Of losses accrued
| during the NEUTRALITY-SUSPICIOUS.. i:NG ;f2
| Amount of losses accrued prior
to preceding statement. 80. 100 20
! Amount of losses accrued suisse
| uucnt to preceding statement 4.502 b
| Whole amount OF losses paid
| during the year ........,....... 1902 81
| Number OF agents employed in
| the state, 100
| Net amount of risks in force in
| the state Observation-Disclosures. l,l1i,.l0 %
cOMrANY's STATEMENT OF LOSSES.
| Whole amount OF losses paid dur
| ing the year 1891 ..............S 33.:;G3 "A
| Amount accrued prior to preced-
| ing statement. ............ i,94S 04
!! Amount accrued subsequent to
preceding >tatcmcnt........... 30.lO1 p
| Whole amount of losses remain
| ing unpaid AT date of this state
ment Observation-Disclosures. 3..4i 81
State of South Dakota County of Codington. IS
Nj W. Sheafe vice president. and Edward G.
Fahnestock. secretary. of the Watcrtown Fire
Insurance company. of Wutcrtown So. Oak.
going is full. true and correct statement OF
the affairs of aid com :nny: that they have cx-
amined the foregoing schedules respectfully
designated rs schedules "a. 3D." &C. and
~ that the same are and each is, II full, true
and correct schedule and statement of the sew
cral matters purporting to be covered b! said
schedules or amy or either of them, to the best
of their knowledge and belief That the said
insurance company is the buna-fde owner of at
least one hundred thousand dollars of actua
cash capital, invested i'll state and United States
stocks and bonds or in bonds and mortgages OF
real estate unncuinbcrcG. and worth double
the amount for which the same is mort gagged
and they are the above described officers of said
NJ. y. sHEAf!E, Vice President,
EDWARD G. FAHNESTOCk. Secretary.
Subscribed and sworn to before me this ;3Otl
day of January, 1892. JOHN NICHOLSON,
Notary Public.