The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-04-22

the condition and affairs OF the New York
Life Insurance Company of New York,
1 msas ed Under md .n ,ss Laws " q New York,
South Dakota, in pursuance OF the laws Of said
state.
Organized or incorporated ls4l. Com.
menced business lS45.
III. Assets of the company:
The value OF Its real estate 10. ......x II, h3l, 016,75
The cash on hand in its Office it,. 1898 So
The each on deposit In bank 10
tgive name Of bank or banks).... ass, gTS.15
Stocks and bonds Of United States
and all other bonds owned by com
pany, to-wit: market value....... 1885, 77.51
Amount Of loans secured by first
mortgage on real estate. ......... "a, 1886, 1851
Amount of all other bonds and loans 3,9l6,OOO.00
Amount of premium notes on pol
Amount Of unpaid premiums less 10
per cent. loading ....-....... 1885,, 1861
Amount of interest due and unpaid 951, 3S3. Is
All other securities ....... &c, I'd. So
Total assets. sIs7 ,4se, 1883
LII. Liabilities:
Amount of losses due and unpaid.,.S 1896, 266. 90
Amount OF dividends unpaid to pol
icy holders Io1, 1863. IS
Amount required to safely re.lnsure
all outstanding risks. ...-....... 49, 15, $500
Surplus. 49,. -. 16,s04, GAS. 10
claims against the Company. iao,733.6s
Total liabilities St3T ,i99, % SO
Nv. Income during year 1892:
Amount of net cash premiums re-
Amount of interest received from ali ~'''' .
Amount received from all other
sources. 6l9,363 03
Total income. 8 30, ss6, 59o.ss
V. Expenditures during the year 1882:
Amount paid tor losses and mutual
Amount of dividends paid TO policy
lDl0efB Laos, 3IH.1
Amoant of salaries and commissions
paid to agents. .............. 4.o5s,3l6,6o
amount paid to officers tor salaries
and other perquisites ........-.. 579l27s
A mount paid for taxes ........... 30, 5l5.52
Amount of all other payment and
expenditures. .......,.-..... o,2bS,2so.5s
Total expenditures. ...........S 81 ,654, 290. 70
vi. Miscellaneous:
Amount deposited in other states
or territories as security for pol
icy-hoiders therein (amouut III
each state or territory New Iork.S 100000
Whole amount of premiums received
in or from state Of South Dakota
during the yesr 1899 ....-....... si,5ls.5a
Amount paid for Losses in South
Dakota during the year 1892. -. n,4s5.D
Whole number OF policies issued
during year.. ,..........9b
Amount Of insurance effected there
Total amount value Of all risks out
State Of New York, county OF New Tors:--ss.
John A. Mccall, president, and Charles c.
whitney, secretary, of the New York
Life Insurance company being duly
sworn d epose and say that the foregoing IL a full,
true ana correct statement Of the affairs of said
company. That the said insurance company IL
the bona ,fde owner OF at least one hundred
thousand dollars of actual cash capital, invested
in state and United States stocks and bonds. or
In bonds and mortgages of real estate unencum-
bered, and worth double the amount for which
the same is mortgaged, ana they are the above
described officers Of said insurance company.
JOHN A. MCCALL, President.
CHAS.C c. WHITNEY, Secretary.
day of January, 1899.
Iseall II. ID. l.. RANDALL. Notary Public.
The State Of South Dakota, Once OF the state
Auditor, Department of Insurance. Company q
certificate OF authority. Whereas, the New York
Life Insurance company, q corporation or.
ganized under the laws of New York has filed
In this office = sworn statement exhibiting its
condition and business for the year ending De-
cember 81, 1892. coi,formable to the requirements
Of the laws OF this state regulating the business
OF insurance; and, whereas, the said company
has filed In this Office q duly certified copy of lite
charter, with certificate of organization, in com
piiance with the requirements OF the insurance
law aforesaid: Now, therefore, /, j. x. ripple,
auditor OF the state OF South Dakota, pursuant to
the provisions or said laws. do hereby certify
that the above named company is fully en-
powered through its authorized agents, to traus.
act Its appropriate business OF Life
thereof, until the 31st day Of December, A. ID.
1893.
In testimony whereof. 1 have hereunto set my
hand and seal at Pierre, this let day Of April,
A. d. 1893.
lseall j. E. NIPPLE, Auditor.