Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1894-03-23
. NNUAL STATEMENT

III pursuance OF the laws OF said state.
ArI lS FIJI srf F1E o sEs s01ITh OF S.K R1R%DeEss
Fret circuit, II. W. johnson, Armour; End cir !
cult, Hans Anderson, Canton: 3gd circuit, II. l.. |
Sheldon, Watertown; 4th circuit, A. b. Hagen, |
i. ST. II. sMiT sr = Fl pie E; h; syh sir a%son II. ' 4.
Deadwood.
Organized OF incorporated 1904; commenced
business 1859.
1. CAPITAL.
Capital stock actually paid in
cash. 3,O00,00 90
II. PROPERTY OR ASSETS OF THE COM
PANY.
Cash value of real estate ......S 3l4.s44 "a
Cash on deposit. .......... IT, los "A
mot over three months
o!dl due from agents. S5l,2Gs IS
Bills receivable for premiums not
overdue. 114,5N AZ
first lien on real estate worth ut
least double the amount loaned
Loans on stocks and bonds, held "''''''' 80
as collateral security. s6,Oso 90
Stocks and bonds owned by the
company. ........ .......... 4,sss,ss57 "A
Interest due and accrued ......... 35.1G 90
All other property. 1854 10
Total assets. 9,4ss,a49 so
III. LIABILITIES.
Capital stock actually paidin cash 3,OOO.GOO 90
Losses yet unpaid. ....... 56S, lOT 30
Losses resisted. S6,71l 10
Amount of u%nearned premiums on
all outstanding risks....... 3,S4i,ADG 40
Other existing claims not included 40
" in above 1856 60
Total liabilities a,4ss,s4s go
Nv. INCOME OF THE COMPANY DURING |
TIE YEAR 1873.
Total premiums for year lS93....S 5,G7s,5G5 6s
Interest receipts. ..-.:..... 40s, l56 a7
Receipts not included In abOve... 6,StA G3
Total rcceipts..... 6,Osl,5s7 -
v. EXPENDITURES OF THE COMPANY
DURING THE YEAR 1898.
Losses paid. 4,3s7,G5G Is
Dividends paid 3GU,GO 90
Commission paid to agents $4,000 ID
Salaries paid to officers and EN-
ployes.. ......:. ss1,GaO %
partments. go. 125,44 20
Other expenditures .............. 33O,l36 Sc
Total OBSERVATION-DISCLOSURES 6,3Gs,9Os IL
vi. RISKS.
Risks outstanding at the date of
proceeding statement. ........S 1j,45S,sS 80 co
Risks written since proceeding
statement. l,ols,s7s,ss9 90
Total risks $ $780, s7, 14a co
Risks expired during the
Rs ysaa 1sss;;i isas SIS ''c si. $685.
Total deduction. f. ......S 1,041, 600, GG5 10
Net amount of risks in force 5 597,ss6,4M 20
COMPANY'S STATEMENT OF BUSINESS
TRANSACTED In THE STATE OF
SOUTH DAKOTA DURING
THE YEAR 1899.
Premiums ON risks written ......S 1864 "a
Amount of risks written ......... 1894 10
Taxes and fees paid to the auditor
of state 445 g8
Losses paid during the year,. 3,a76 IS
VIII. COMPANY'S STATEMENT OF LOSSES
Amount accrued subsequent to
preceding statement. .........S 4,4i1. 20i "a
County of Philadelphia.
Charles Plat, President, and John II. Atwood.
Assistant secretary of the Insurance Company of
North America, of Philadelphia, being duly
sworn, depose and say that the foregoing is a full,
company. That the said Insurance company is
the bona-tide owner of a. least one hundred
Thousand dollars of actual cash capital, invested
in bonds and mortgages Of real estate uninc;um-
bered, and worth double the amount for which
the same is morteaged, and they arc the above
described officers of said insurance company.
CHARLES PLArr, john II. ATwooD,
President. Asst Secretary.
Subscribed and sworn to before me, this 18th
day of January, 1881. E. D. FAaIEs.
the sf State of South Dakota SS Siiss t Of State
Acknowledgment Of Insurance.
Company's Certificate of Authority.
WHEREAS, the Insurance Company Of North
America, q corporation organized under the law
of Pennsylvania, has filed in this office q sworn
statement exhibiting lite condition and business
for the year ending December 81. 1909. conform
able to the requirements of the laws of this state
WHEREAS, the said company has filed in this
office a duly certified copy of its charter. with GER
tificate of organization, in compliance with the
Now therefore. I, j. E. Nipple, Auditor of the
state of South Dakota, pursuant to the provisions
named Company is fully empowered through It's
authorized agents to transact it's appropriate
business of fire insurance. in this state. according
to laws thereof, until the 3lst day of December,
A. u 1894.
In testimony whereof, l have heteunto set my
hand and seal at Pierre, this 9Th aay of March,
a.. d. 1894. j. E.. HIppLE,
fSEALl Auditor.
First publication March l6, AS.