The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-04-12
Annual statement.

For the year ending December 81, A. %. 1ss2, Of
the condition and affairs Of the Home Life In
surance Co, OF Brooklyn. N. X, organized I'M
der the laws Of the state or New York, made
to the auditor Of the state OF South Dakota, in
pureuanc e Of the laws of said state.
Organized or Incorporated April 80, 1890;
commenced business May !, 1850.
Amoant Of Capital stock al 10000 90
Amount Of Capital stock actually
ii. Assets Of the company:
The value OF its real estate is.......$ 237,6eT.G4
Cash on hand IN its ofice is...;.... 1.S44.29
The cash on deposit In bank 10 (give
nam of bank or banks). ......... l37, 209. 20
stocks and bonds OF United states
and all other bonds owned BY COM
pany, ,o-wlt: maraet value. 49,. s,2sl. 717.W
mortgage ON real estate -. a,s5o,ssa.as
Amount Of all other ponds and loans. 7bi,7s7.s2
Amount OF premium notes on policies
Amount Of interest due and unpaid. a,1ss.9
All other securities. ,............,. 417,15e.6
Total assets s,oss,s so. 20
Value Of outstanding policies. $50. ss.1si,s44
Amount Of losses due and unpaid. 8. $500 90
Amount of dividends unpaid. ........ 1S,Sg7.5
Amount OF all other existing claims
against the company .......-.. 6,O65.l5
Total liabilities. pa, sos. los. ~
Nv. Income OF the company during the year
Amount Of net cash premiums re-
Amount Of premium notes received. i47.sis,O4
Amount of interest received from all
amount received nom eli other
sources n.77sss
Total income. si.75s,aos.4 -
v. Expenditures during year 1892:
Amount paid for losses ............1 T4,477.37
hclaerss 1ss,1s7. 20
Amount 20 stockholders. .... 100000
paid to asents. aso,7s4.os
Amount paid TO officers for salaries
Amount paid for taxes. l3.7p4.5s
Amount paid for surrendered policies 108, Trails
expenditure. ss,s4s.ls
Total expenditures. 81. zss. $685.
/ vi. Miscellaneous:
Greatest amount insured on any one
| Amount deposited IN other states or
1 territories as security for policy
holders therein, lamouDt In each
state or territory; IN New York;. 100000
Whole amount OF premiums received
n orr rom the state OF south Dako-
Ia during the year 1880. ........... 2,077.2 20
Whole number Of policies issued dur.
Amount Of insurance effected thereby a,1so,oo
state of New York, county Of New York--ss.
George II. Ripley, president, and Ellis Y.
II 110 ~ " INV 4AoabS AtAO
company, being duly sworn depose and Say
that the foregoing 10 q full, true and correct
/ statement of the affairs Of said company; thar
/ the said insurance company 10 the bona fde
I owner OF at least one hundred thousand dollars
| Of actual cash capital, invested in state and Upi-
| ted States stocks and bonds, or In bonds and
I mortgages OF real estate n~nincumbered, and
l worth double she amount for which the came ID
| mortgaged, and they are the above described Of
l dcers VI said insurance company.
| GEORGE III. RIPLEY, President.
E. w. GLADWIN, Secretary.
Subscsibed and sworn to before me this Sth
JAMES &. BUTLER, Notary Public,
lTseaIl New York Co., No fHi. s
The State OF South Dakota, Once OF State An.
ditor, Depart ment of Insurance. Company's
| certificate OF authority. Whereas, the Home
Life insurance compa-~. . corporation ORGANIZED
under the laws o. N ! York, has fled in this once
q sworn statement xh .ulting ts condition and
business for the year ending December 81, 1891,
| coniormabie to the requirements Of the laws oi
| this state regulating the business of ineuranco;
| anc, whereas. the said company has hled In this
otBce q duly certified copy OF its charter, with
| certificate Of organization, in compliance with
| the requirements OF the Insurance law afore-
said: Now, therefore, I. J.. e. Nipple, auditor
Of the state Of South Dakota, pursuant to the
provisions Of said lave, do hereby certify tina!
through its authorized agents, to transact It's ap
propriate business of Life IDeurance In thii
state, according to the laws thereof, until the
| 31st day OF December, A.. ID. 1893.
| Intestimony whereof, ! have hereunto set my
hand and seal at Pierre, this 9TH day OF April
A.. ID. 1893.
lSeail J.E. NIPPLE, Auditor.