Courier Democrat. (Langdon, N.D.) 1891-1920, 1893-03-16
CTATEMENT FIR the year ending Dccemberal
- y. D 1S:2, OF the condition and affairs of the
CITIZENS INSURANCE COMPANY

STATEMENT f,r the year ending Dccembcra1,
CITIZENS INSURANCE COMPANY
of New York organized under the laws of the
State of New York: made to the Commissioner Of
Insurance OF the Stale of North Dakota, in pur.
srance Of the Laws of said State.
President Edward H. Walton.
Vice Pre- idcnt. George H. Mclean.
Secretary. Frank NJ. Parker.
Principal Office $50 Broadway.
Attorney for Service in the State of North
Name Thos Baker Jr
Location Fargo
Organized or incorporated April 1876;
Commenced Business April 1887
Capital.
Amount CT capital paid up in FULL. $780, CO 90
Assets.
Value of Zeal Estate owned by the COM
pany... ....... .................. sl45,7OO 90
Looms on Bonds and Mortgages. 4i,3GC CO
United States Stocks and Bonds. ... nc, Ga5 90
Rmilroud Bonds and Stocks. ....... 12l 1913 on
State, City; County and other Bonds. None
Bank Stocks. ......... ..........."... 1000 %
Other Corporation StncNS... 1Ol 800 90
Loans on, oliateral Security. 143,725 %
Cash on h" nd and in Bank. :. lO6, 6il (;}
Interest due and accrued ............ 1O412 9J
Premiums in coarse of collection and
transmission. .....:... 1o7,5?s II
Bills receivable, not ma ured. taken
for Fire. Marine and Inland risks. None.
Rents due and accrued, ............... 1853 60
All other sums due the Company..... 30
Total Assets. 81 ,O2S $50 81
Liabilities.
Gross claims for losses, adjust
ed and unpaid... ..... s27.3l5 so
Gross claims for Losses. upon
which no action has been
Losses. resisted by the com
panE."...... ................. lO.e3 81
Total gross amount of claims
lot Losses. ............;.;.;. b6,"49 %
Deduct Re- inSurAnCe and Sal
wage claims thereon.......... 5,023 &C
Net amount Of unpaid losses. .........: s61,.26 47
Amount of unenrncd Premiums on all
outstanding risks ........ 477,43s 81
Due for unpaid Dividends. ....... g. 30 81
Due for Commissions and Brokerage. 15,62S 90
All other Liabilities. STANDARDIZATION. 1900 90
Total Liabilities. ............ s556,904 80
Receipts.
Premiums received during the year, in
Cash. ....;..;: ;...;. sj9s, 1913 81
ing the year. . os.64G "a
Rents received during the year....... 5,42S Is
Amount received from all other sources None.
Total Receipts. .s7s3 COS 10
Disbursements.
Losses paid during the year. .S476.9s5 fi5
Dividends paid during the ,ear....... 29,S97 so
Paid for Commissions and Brokerage 129 71S So
Paid for Salaries, Fees and all other
Charges. Observation-Disclosures. 1880 80
Paid for Taxes ............. ...... 1I,44I 30
Amount of all other Disbursements. 9S,9l6 80
Total Disbursements. go. 80 s7y7, $50 So
North dakota Business.
TOTAL Risks taken during the ycnr......s S. 100 90
Total Prem umS received during the
year. .............. l,lG9 80
Tctnl Losses incurred during the year. ;,!s II
Total amount OF Losses paid during the
year.. 328 Al
STATE OF NORTH DAKOTA
OFFICE OF COMMISSIONER OF INSURANCE.
I, Jnmes Cudhie. Commissioner of Insurance
Of the State of North Dakota. do hereby CERTIFY
that The foregoing is true abstract OF the origi
nal statement now on file IN his Office.
In testimony whereof. l have hereunto set my
hand and affixed the Seal of This Office at Bis
marck, this 2o'h day Of January A D. issS
SEAL Commissioner OF Insurance.
STATE OF NORTH DAKOTA
OFFICE OF COMMISSIONER OF INSURANCE.
COMPANY'S CERTIFICATE OF AUTHORITY.
Whereas the Citizens Fire Insurance Company
the laws ofthe State of New York has fled in
This Office sworn statement exhibiting its con
dltion and business for the year ending Ueccm-
Der 81 ls!t. eonformnble t" The requ rements Of
Insurance; and.
Whereas. the said Company has filed in this of
fee duly certified copy OF its charter. with GER
tfcafe Of organization. i'll cOmpl ance with the
requirement of the insurance lnws aforesaid;
Now Therefore, l, James Cudhie, Commiss-
Toner of Insurance OF The State of North Dakota,
pursuant to The provisions OF said laws do here
BY certify that the above named Company is
fully empowered through its authorized agents,
to transact lis appriate business of Fire Insnr-
ance in This stale. according to laws thereof, I'm.
til the 31st day of December. A. D. 1893.
In Testimony Whereof. have hcreunto set my
hand and seal at Bismarck this 2Olh day of Janu.
airy A. d. 1885.
JAMES CUDHIE,
fsEALl Commissioner of Insurance
All persons knowing themselves in.