The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1894-05-12

> Der STA 81 4. B. $685. s' 81 the Condition and
affairs Of the New York Life Insurance
Company Of New York. organized under the
commissione Of insurance Of the state Of
North Dakota, in pursuance OF the laws OF
said state.
President, John A. Mccall.
secretary, Charles G. Whitney.
principal ONCE. 36 and 3H Broadway,
Attorney for service in the State OF North
Commissions of Insurance.
Location, Bismarck. N. ID.
Organized or incorporated lS4l.
Commenced business 1916.
CAPITAL.
Amount Of capital stock paidup
Value Of real estate owned by
Loans secured by deeds of trust -
or mortgages on real estate, 25,S9 ,2S5 70
Loans occurred by collaterala. 2,428,066 81
Premiums notes and policy loans 3.757,6Sl II
United States stocks & bonds
Railroad bonds, S
State, city, county and other EEs5, oos, 22a 50
bonds
Bank stocks -
Cash on hand and in banks and
trust companies 7,0l2,4SS W
Interest due and accrued 1,4Z4,I3o ~
Rents accrued 3l.l72 w
standing premiums .5,1os,sa4 80
| Market value OF bonds, stocks and
securities over book values 4,OS4,4l2 10
Unidentified assets:
Agents balances 6l9,5S5 65
Bills receivable
Total %unadmitted assets 5l9,5s5 IS
Total assets 1890 ISL 2l
LIABILITIES.
Amount due and UNI
paid on annuity
claims (not present.
Policy claims duo and
unpaid mot present
Policy claims in pro-
cess Of adjustment, |
or I'D justed and not
by the mpa 1900 90
Total policy claims l,475yee2 Is
Net present value Of all outstand-
cent, 12s, ses, s72 90
p; sis3%ss! paid in ADVANCE, 'S.,sss 8 $:
Trust deposit held for account
of benefciaries under terms of
Additional reserve on %annuities
and accumulation policies VOL
unfairly set aside by the COM
pany in excess OF above 4 per
cent standard 892.776 90
Surplus on policy-holders acct. 17,025, $50 lS
Total liabilities 14s, 7oo.7s 81
INCOME.
Renewal premiums 2.572,938 40
For annuities 656,226 81
Total 1,5s5,72s SO
insurance 47,0o 90
Total premium income q, 1885 A
Interest on bonds and
dividends received, 4,0l2,60 76
Rents received Q ,552 81
Income from all other
sources, interest on
mortgage loans Lilac, I'll SO
Interest on collateral
loans and bank de-
Interest on premiums (
premium notes, pol |
icy loans On liens, S6,94O ii
Deposits on account OF {
trusts fund policies
$a5 $40 81: gr of to- on N -, a.. o, ~. oeo &,
Total cash income 1898 33,ss3,ele a5
EXPENDITURES.
Paid for losses and additions S,44O.O93 46
and additions l,os3,4 4 e5
Paid to unnuitants 1,407, $50 IS
Paid for surrendered policies.
reserve values paid on matured
deferred dividend policies l,295,0S8 OF
Cash surrender values 1,O84,O24 II
Dividends paid to policyholders 1,744,39l IS
posts 1900 90
commissions and salaries 5,345.35O 81
Taxes paid during the year si7'9es 81
Cash paid for advertising l11,O66 ~
Cash Daid for medical eXamin. |
ers' fees 492,O 6S q
Agel.cy expense l,079,342 q
Amount OF all other cash expen-
ditures, legal fees, stationery.
printing, postage, kilograms.
travelling and other expenses 76l, LII So
Total expenditures, 2s,424,725 q
MISCELLANEOUS.
Whole number of policies writ
ten in North Dakot" during
Total risks taken during the year .
in North Dakota 25s,O0O 90
Total premiums received during
the year in North Dakota 37,lE w
Total amount of losses paid dur
ing the year in North Dakota, 1892 Is
year in North Dakota 1882 Is
State OF North Dakota,
Office of Commissioner Of Insurance.
I, James Cudhie, Commissioner of Insur-
ance of the State of North Dakota, do here
by certify tina the foregoing Is q true alb
stract of the original statement now on file
in this Office.
In testimony whereof, I nav hereunto set
my hand and affixed the seal of this Office at
Bismarck, this 5th day of March, A.. D, 1894.
JAMES CUDHIE.
fSEAL.] Commissioner of Insurance.. |
State of North Dakota,
o flee of Commissioner Of Insurance.
Company's Certificate Of Authority.
Whereas, the New York Life Insurance
Company Of New York, a corporation organ
lied under the law of the State of New York
has fled in this office q sworn statement ex-
hibit1ng its condition and business for the
year ending December 81, 1898, conformablel
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 its charter
with certificate of organization, In compli-
ance with the requirement OF the insurance
laws aforesaid;
Now, therefore, I. James Cudhie, Commits
sioner of Insurance of the State OF North
Dakota, pursuant to the provisions OF said
laws, do hereby certify that the above named
company Is fully empowered through Its
authorized agents., to transact It's appropri-
ate business Of life insurance in THIS State,
according to laws thereof, until the Slst day
of December. A. D. 1891. /
In testimony whereof, I " hereunto set