The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1894-03-24

STATEMENT for the year ending Decem,
~ ber 81, A. D. 1893, of tho condition and
affairs of tho Springfield Fire and Marine
insurance Company Of SpEgngdeldf; Mssa %rSan-
chusetts, made to the Commission of In
surance Of the State of North Oak Sota, i'll pur-
suance Of the laws of said state.
President, Al. Wright.
Secretary, :. J. Hall.
principal Office. Springfield. Mass.
Attorney for service in the State of North
Dakota:
Name. w. .. DePuy.
Location, Bismarck.
Organized or Incorporated l840.
Commenced business 1851.
CAPITAL.
Amount of capital stock paid up
in full l,5UOOO w
ASSETS.
Value of real estate owned by
the company $4,000 90
Loans on bonds and mortgages 327,55O 90
United States stocks and bonds llOOCO w
Railroad bonds and stocks 1,59936O 90
Stale, city, county and other
bonds l.3ooO w
Bank stocks 6i3,525 90
Loans on collateral security 5000 90
Cash on hand and in bank 1881 w
Interest due and accrued 32.o57 5l
and Transmission 2:o.9o5 SO
Rents due and accrued wv 10
All other sums due the company 1,4s7 ~
Total assets s,5o5, ,4a1 II
LIABILITIES.
Gross claims for losses
adjusted and unpaid 1888 36
Gross claims for losses,
upon which no action
has been taken 145,s4o 81
Losses resisted by the
company @,I93 w
Total gross amount of
claims for losses 23l ,OlG IS
Deduct Reinsurance
and salvage claims
thereon N.402 IA
Net amount of unpaid o,a.o, :,
on ali outstanding risks l,34s,41s 70
craze ~ 36,135 So
Total liabilities 1,G43.O74 0s
RECk1PTs.
Premiums received during the ono oo- o.,
year in cash l,'6S,20o Z2
Interest and dividends received
during the year 10, 719 81
Rents received during the year 1850 i2
Total receipts l,9ls,7O4 Oh
DISBURSEMENTS.
Losses paid during the year 1,250,262 SS
Dividends paid during the year 150,000 w
era erage seA ass,l42 81
other I M charges, ~ ~ 1920 76
Paid for taxes 6l,o04 70
ments ne ' " ~ ~ 1ss.4os 62
rota, disbursements 2,m5,74s IS
NORTH DAKOTA BUSINESS.
Total risks taken dnring the year 994,3l2 60
Total premiums received during
the year N.6O6 40
Total losses incurred during the
year 29,445 81
Total amount Of losses paid dur
ing the year S,OS7 u
State Of North Dakota
Office of Commissioner of Insurance.
I,James Cudhie, Commissioner of Insur-
ance of the State of North Oak Ota, do here
by certify that the foregoing Is a true alb
straet Of the the original statement now on file
In testimony whereof, have hereunto set
my hand and affixed xe the sesl Of this Office sat at
[SEAL.] Commissioner of Insurance.
State Of North Dakota
Office of Commissioner Of Insurance. (
Company's Certificate of Authority.
Whereas, the Springfield Fire and Marine
Insurance Company Of Springfield, Mass. a
State of Massachusetts,, has fled In this office
| q sworn statement exhibiting its condition
and business for the year ending Decem ber
81. 1898, conformable to the requirements Of
| the laws Of this state regulating the busi-
ness of insurance; and,
| Whereas, the said company has filed in
this office q duly certified copy of its charter
ance with the requirement of the insurance
| laws aforesaid;
| Now, therefore, !. 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 It's
authorized agents, to transact its apprOpri-
| ate business of fire insurance in this State,
according to laws thereof, until the 3lst day
of December. A. ID. 1894.
| In testimony whereof, have hereunto sci
| my hand and seal at Bismarck, this'26th day
/ of February, A. d. 1894
/ JAMES CUDHIE.
/ IfSEAL1 Commissioner of Insurance