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

Total assets, 0,432,249 80
LIABILITIES.
Gross claims for losses
adjusted and unpaid 10000 O4
Gross claims for losses
upon which no ac
tiOn has been taken 535.2l5 rs
Losses resisted by the
company .t 2677l 10
Total gross amount
of claims for losses 1853, ,276 90
Deduct Reinsurance
and salvage claims
Net amount of unpaid
losses g 5a4,s7s IS
Amount Of unearned premiums
on all outstanding risks 3,S44 ,9O6 40
All other liabilities, book debts
due by company $32,77s 81, re-
insurance premiums 49,, ITS 80 l26,956 60
Total liabilities 5se74l 70
REcEl PTS.
Premiums received during the
year in cash 5,672.565 62
Interest and dividends received
during the year 402, 1853 81
sources 1854 G3
Total receipts 6,os1, ,5s7 q,
DISBURSEMENTS.
Losses paid during the year 4.327, ,G5S 73
Dividends paid during the year =, 360, 600 90
Paid for commissions and brok-
erage - o44.o4o 1s
Pal for salaries, fees, and all
other charges - 2sl. $50 Is
Paid for taxes l25, ,454 20
Advertising, travelling, postage. &c 33O, 1856 So
Total disbursements e,aes, 1903 II
NORTH DAKOTA BUSINESS.
Total risks taken during the year e35, ,4O7 90
Total premiums received during
the year 1876 4S
Total losses incurred during the
year 5s,974 SO
Total amount of losses paid dur
ing the year SO, ,105 80
State of North Dakota,
Office of Commissioner of Insurance.
I,James Cudhie, Commissioner of Insur-
by certify that the foregoing is true alb
stract of the original statement now on file
in this Office.
In testimony whereof. have hereunto set
my hand and aft1x xed the seal of this office at
Bismarck. this lst day Of March, A. D. 1904.
JAMES CUDHIE,
Commissioner of insurance.
State of North Dakota.
Office of Commissioner of Insurance.
CoMPaNY's CERTIFICATE OF AUTHORITY.
Whereas. the Insurance Company of North
America, Of Philadelphia, Pa, a corporation
organized under the laws of the State Of
fennySlVInln. u. mas 1leQ IN CnlS O11C6 sworn
statement exhibiting its condition and bus
mess for the year ending December 81, 1898,
conformable to the requirements of the laws
| of this state regulating the business of in
Whereas, the said company has fled in
this Office duly certified copy of it's charter
with certificate OF organization, in compli-
laws aforesaid;
Now, therefore, ], James Cudhie, Commits
sioner OF Insurance OF the State of North
laws. do hereby certify that the above named
| company is fully empowered through it's
authorized agents, to transact its appropriate
cording to laws thereof. until the the sist @ day of Of
| December, A. D. 1894.
In testi imony whereof, I have hereunto set
my hand and seal at Bismarck, this 26th day
| [SEAL1 Commissioner of Insurance.
STATEMENT for the year ending Decem-
~ ber 81, A. D. 1893 Of the condition and
| affairs Of the Farmers Hail Association of
Grand Forks, organized under the laws Of
the state of North Dakota, made TO the
commissioner of insurance of the State of
North Dakota, in pursuance Of the laws Of
| said state. ~;..
President, w. J. Doheny.
| Vice-President, w. III. Brown.
Secretary, +. D. Lord.
Principal Office, Grand Forks.
Attorney for service in the State Of North
l
! Name: Bangs & Fisk.
/ Location, Grand Forks.
Organized or incorporated February 1893.
Commenced business May LIST, 1898.
| BUSINESS OF 1893.
| >> RECEIPTS.
Received from premium notes s. noo :,
Received from all other sources as
! follows:
Money advanced for expenses e47 A
| Total receipts, 49,. lO,a55 81
/ , .s.~T.-~.> DISBURSEMENTS.
! Paid for losses for 1893 ~ 2,7s5 81
and secretary ,,C0 3,s5s 5:
Salaries tOclcrks @@@l %%I%& $50 n
Adjusting expenses 5.t@ 49,. 243 x
Insurance department for filing -
articles of incorporation 10 OF
Organization expenses 4!5 I
Postage IL Eg,s2;.4~s ~. r., 1l9 d
l Advertising Ia 81
Register of deeds II o.
i Directors expenses @. 49, 5 On
/ Collection and exchange @ COS +
lStationsry and printing 32l 8
4 Express and freight .s :.ss s.. - Y
Fuel and light .S &. &
Traysiltpg Issnraat ga;ap Expenses 4es . 9 9
4 Other disbursements as follows: s
4 Office supplies IS A
Il and field work - $50 o
Authorities to agents ll6 5
Total dlsbursem 1878 S
Condition Of Business In 1893.
4 ~ ASSETS. n s.i 5S
q Premium notes OF 1893 uncollected 5,023
q Cash on hand and In bank 400 0
Due from accounts as follows: - I
Al Stationery supplies LOU u