Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1894-04-06
A NNuAL STATEMENT

unOer the I8Ws OF MlCnlEan, maue to the AUDITOR
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.
n. NJ. Wordall. Huron.
Organized or incorporated May 20, 1884. Com
menced business August !, 1884.
L. CAPITAL.
Amount of capital stock actually.
p8td IN cash. SOO,UUO W
II. ASSETS Of THE COMPANY.
The cash on hand in it's Office ISIS 1887 90
The carh on deposit in hank u.s.. $1,000 68
Stocks and bonds of United States
and all other bonds owned by
value $4,000 90
mortgage on real estate........ 49,, 74 IS
of collection ~, 1856 60
paid. 1s,lO1 10
Total assets aga OF
Ill. LIABILITIES.
Amount of losses unadjustcd.... lO,95O 90
Amount of claims for losses re-
ns s!s'ssi for commission: 1886 e g
Amount required to safely re-
insure all outstanding risks. sss,5ss So
Total liabilities 5la,slo a
Nv. INCOME DURING YEAR 1893.
Amount of net cash premiums re-
ceived ssa,474 OF
aIl sources sO,ss9 IS
Total income......s 9o2,sl4 90
V. EXPENDITURES DURING YEAR 1888.
Amount paid for losses ......"S 436,O15 40
Amount of dividends paid to stock
holders...... .................. 1900 OO
aries paid to agents. ........ 2SO,953 40
Amount paid to Officers for sal
aries and other perquisites.... 1866 40
Amount paid for taxes.......... 24,309 OF
Amount of allOther payments and
expenditures $50. .......... n,s4s 81
Total Expenditures......s soo,sO7 o.
vi. MISCELLANEOUS.
Greatest amount insured on any
Amount 1as deposited in other states -''''' y
or territories as security for
policy holders, therein. Amount
In each state or territory: Mich
Whole amount of premiums re.
Ceived in or from the state of
South Dakota during the year
1875 1891 %
Dakota during the year 1884,. 1882 90
Whole lumber of policies issued
A% aaaans s Il insurance effected 4''0'' ~
Total aifs amount Of risks oatsiand- 4'~''''''s' ~
Total cash value OF ali policies -'l's'''-4' ~
outstanding. 779,1s7 "a
Scum connt OF q a' wayne. yyss
D. NJ. Ferry, president, and Stewart Marks, sec
rotary of the Standard Life and Accident Insur-
ance company, Of Detroit, Michigan, being duly
sworn, depose and say that the foreg0ing is 9 full,
true and correct statement of the affairs of said
company. That the said Insurance company ie
the bona-fde owner Of at least one hundred
thousand dollars of actual cash capital, invested
in state and Uuited states stocks and bonds, III
bered, and worth double the amount for which
the same is mortgaged, and they are the above
described officers Of said insurance company.
d. NJ. FERRY, STEWART MARKS,
President. Secretary.
Subscribed and sworn to before me, this a.t
The aei State Of South Dakot. N Ssics t 81 Stat,
Acknowledgment Of Insurance.
Company'e Certificate Of Authority.
WHEREAS, the Standard Life and Accident lnsur
of Michigan, has filed in this office 9 swor
statement exhibiting ite condition and bushes
for the year ending December 81. 1885, conform
able to the requirement of the laws Of this stat
regulating the business of insurance; and,
WHEREAS, the said company has filed In thi
Office a duly certified copy Of Its charter with Gel
tifcate of Organization, in compliance with th
requirements of the insurance law aforesaid:
Row therefore. ID. E. Nipple, Auditor Of th
state Of South Dakota, pursuant to the provision
named Company is fully empowered, through ii
authorized agents to transact it's app rOpriat
business of life and accident insurance. in thi
state. according to laws thereof, until the Bill
day Of December, A. d . 1884.
In testimony whereof, I have heteunto set m
hand and scala Pierre, this 18th DAY of Marcl
A. d. 1884. j. E. HIppLE,
(SEALl Auditor.
First publication April6, 81