Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1894-04-13
A U

For the year ending December 81, Al 1893 of
s sns s Scc;asn, ~ and ..l. ,sasi r. OF 4, the STANDARD Lite
under the laws Ut Michigan, made to the auditor
Of the state of south Dakota, In pursuance Of the
laws OF eaid state.
ATTIS 9 NE II For q, SERVICE Sc OF PROCESS
N. NJ. Wordall. Huron.
Organised or Incorporated May g. 1884. Com
menced business August I, 1884.
1. CAPITAL.
Amount Of capital stock actually
paid In 10000 CO
II. ASSETS OF THE COMPANY.
The cash on hand in its Office les 1919 20
The csrh ON deposit in hank is... 48,O02 IS
Stocks and bonds of United States
and all other bonds owned by
company, carried out at market
Amount Of loans secured by fret
mortgage on real estate...... sss,n4 IS
Amount Of premiums In course
OF coliectlOn..... ............ 2.S,451 80
Observation-Disclosures. 1s,lol IS
Total Sss,744 OF
Ill. LIABILITIES.
Amount of losses unadjusted... l0,95O 90
Amount of claims for lOsses re-
s: s':'ss; fol- commission 1856 ss;ss g
Amount required to safely re-
insure all outstanding risks.... 3s9,5ss 81
Total liabilities 5ls,slo "A
Nv. INCOME DURING YEAR 1893.
Amount of net cash premiums re-
Amount Of interest received from ''~'s's ~
all Observation-Disclosures. so,ss9 es
Total income.....s sGs,sl4 20
v. EXPENDITURES DURING YEAR 1889.
Amount paid for loeses. .S 5000 48
Amount Of dividends paid to stock
nOluer6.. 900. ................... 12,UUU W
aries paid to agents.......... sso.s5s 40
Amount paid to Officers for sal
aries and other perquisites... 1865 46
Amount paid for taxes.."... 24,8O9l OF
expenditures. 1888 81
Total OBSERVATION-DISCLOSURES s9O,eO7 81
vi. MISCELLANEOUS.
Greatest amount insured on any
Amount deposited in other states WV
or territories as security for
policy holders, therein. Amount
In each state or territory: Mich.
Whole smount oi premiums re-. 'S'
ceived in or from the state of
South Dakota during the year
Amount paid for losses in south 80 -
Dakota. during the year 1885,. 1889 q
Whole number of policies issued
Amount of insurance effected
Total amount Of risks oatstand-
Total cash value Of ali policies "''''''~'0 "
Observation-Disclosures. 779,1s7 q
STATE OF MICHIGAN, L..
County of Wayne,
D. NJ. Ferry, president, and Stewart Marks, sec
rotary of the Standard Life and Accident Insur
ance company, Of Detroit, Michigan. being dul,
sworn, depOse and say that the foregoing q is a full
| true and correct statement of the affairs of sale
company. That the said Insurance company ii
the bona-fde owner Of at least one hundred
thousand dollars of actual cash capital, invested
in bonds and mortgages of real estate unincum
bered. and worth double the amount for which
the SAINT is mortcagged, and they are the abov,
described officers of said insurance company.
d. NJ. FEnRY, STEWART Marks,
President. Secretary,
Subscribed and sworn to before me, this 3O.l
day Of January, 1884. 8. AE1ToN,
The Sst State of South Dakota N Sties f of Stat
Acknowledgment of Insurance.
COmpanyfs Certificate of Authority.
WHEREAS, the Standard Life and Accident 1nsul
ance Co.. q corporation organized under the law
of Michigan, has filed in this Office q swor
for the year ending December ii. 1888, conform
able to the requirement of the laws Of this stat
regulating the business OF insurance; and,
ONCE %ss q dals 'c .as seir copy spy q its charter ass a'e9 with III s ee1
requirements Of the insurance law aforesaid;
state SsW Of i seasS Ssk I; q, p par naRRisil 70 A the ppoS 81 On
of said laws, do hereby certify that the abov
named Company is fully empowered, through II
authorized , agents g to transact its sppro'prist
state. according to laws thereof, until the 8lt
day of December, A. D 1884.
In testimony whereof, l have heteunto Get m
hand and seal at Pierre, this 18th Gay of Marcel
A.. d. 1894. j.. e. HIPPLE.
[SEAL] Auditor.
First publication April6, ST.