Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-04-21

For the year ending December 81 4 u. 1893.
ortLe condition ana Affairs Of the Mutual Life
under the laws of New York, made to the Audi
tor OF the state Of South Dakota, in pursuance
Of the laws of said state,
ATTORNEY FOR SERVICE OF PROCESS IN
THE STATE OF SOUTH DAKOTA.
II. :. Gamble. Yankton.
Organized or INCORPORATED April, 1912 Com
menced business February, 1913.
IL. PROPERTY OR ASSETS OF THE
COMPANY.
The value of its real estate is....S 1909 9S 60
The cash on hand in its ohice is
The cash on deposit in bank IL ( l0,sA,69i -
stocks and bonds of United states
and all other bonds owned by
Amount Of loans secured by first
mortgage real estate ........... 20, ,2a 93S 90
Amount of all other bonds and
loans ...........,.,,....... 7,l97,2oO 90
Amount of unpaid premiums and
AnnnltleS 3,bWg31 ~
Amount OF interest due aid unpaid
ana rents ........... .............. 1895 6S3 70
Total Assets ....,.SlSi,9 95Jbgu NJ
III. LIABILITIES.
Amount ofclsims adjusted but not
yet due or in process of adjust
mCnl fSI tO ~
Premiums PAID in advance.."....... 6S 1G6 60
Amount OF claims fOr losses resisted 36O 30 %
Net value OF outstanding polices IN
force ON Dec. 81, 1893, computed
according To American table OF
mortality at AZ per cent interest l57 ,99o 5S2 90
Amount ofall other existing claims
against the company ................ 4l2!05 90
Total Liabilities, .............Sl59,6 ,62l ,4S3 SO
Surplus moi included
". INCOME Of THE COMPANY DURING
THE YEAR 1898,
Amount met cash premiums re-
cei7cd ..............s s3,5oi3S7 0S
Amount of Interest received from
all sources. 76o2,558 81
Amount received from all other
sources ......,....,............ ..... 75G 2j3 sc
Total eceipts...."~...........S 4l,9j3,ll5 Gs
V. EXPENDITURES DURING YEAR 1898.
Amount paid for losses annuities,
surrendered policies and matnr-
ed endowmVnts... ,...S 1900, ITO Is
Amount OF dividends paid To poll
cy 1,sSO362 %
Amount of commm sslons ana
salaries paid to agents.............. 5,243Sl9 72
Amount paid 10 officers for salaries
and other perquisities..........- l9)75T II
Amount paid for inXes...".........- 139,U1u 81
Amount OF all other payments and
expenditures .................. ltftI,30 %
Total Expenditures.............S s 80 $40, ,039 81
vi. MISCELLANEOUS.
Greatest amount insured on any
one life. 10000 90
Amount deposited in other states
or territories as security for poll
cy.holders .........................- 29i7,s69 6l
Whole amount of premiums receiv
ed in or from the state of South
Dakota during the year 1898 3...... 1852 a8
Amount paid for losses in south
Dakota during the year lsea.~... 7Io2 90
Whole number OF policies issued
curing yeat,. ...................."2lb
Amount OF insurance effected
thereby 29I91T 90
Total amount Of risks outstanding 53i052 20
State of New York, 90
Isaac T. Lloyd, Ind Vice President, and w J.
Easton, Secretary of the Mutual Life In
surance Company Of New York, beng duly
sworn, depose and say that the sSa;esoing Is
full, true and correct statement OF the affairs
OF said Company. That the said Insurance Com
pany Is the bona-fde owner OF at least One
Hundred Thousand Dollars Of actual Cash Capt-
| tal invested in State and United states stocks
and BONDS, in bonds aud Mortgages of real
estate unincumbered. and worth double the
amount for which the same is mortgaged aud
they are the above described officers OF said In
surance Company.
ISAAC 7. LLOYD, 2nd Vice President.
W, j. EAsToN, Secretary.
! Subscribed and sworn TO before me. this nth
day of February, 1894.
[sEALl Com Of Deeds.
The State of South Dakota. Office of State
| IAuditor-DepartmeBt of Insurance.
coMPAsY's cEKTIficATE OF AUTHORITY.
| Whereas, The Mutual Life Insurance Com pany,
| corporation organized under tie laws OF New
| York, has filed In this Office a sworn statement
| exhibiting its condition and business for the
| wear ending December 81 1893 conformable to
the requirements OF the laws OF this state regu-
| lating the business of insurance; aud
whereas, the said company has filed In this
Office a duly certified copy of its charter with
! certificate of organization, in compliance with
the requirements of the insurance law aforesaid;
Now therefore, !, J. E. nipplc, Auditor of the
State of South Dakota. pursuant 10 the pro-
visions OF said laws do hereby certify that the
above named company Is fully empowered
through Its authorized agents, 10 transact IT'S
appropriate business of Life Insurance. In this
state, according 20 laws thereof. until the 3fst
day Of December, A. ID. 1884.
In testimony whereof have hereunto set my
hand and seal AT Pierre, this 18th day OF March.
A. ID. 1894.
, ]. z. HIpPLE,
IoEALj Auditor.
For Over Fifty Years