Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-04-14

y.
of the condition and affairs of the Mutual Life
Insurance Company OF New YORK, organized
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 PR oCEss IN
THE STATE OF SOUTH DAKOTA.
II. s. Gamble. Yankton.
Organized or incorporated April, 1912 Com
menced business February, 1913.
II. PROPERTY OR ASSETS OF THE
COMPANY.
The value OF its real estate is..s is, ,0s9 9.s CO
The cash on hand In its office is
The cash on deposit in bank Is i0,Sfi 69l 12
stocks and bonds OF United states
and all other bonds owned by
Company -. 1896 s22 a
Amount OF loans secured by first
mortgage on real estate..........,. 7o729. .93S 90
Amount of all other bonds and
loans 7,497. .2DO 90
Anuuilics 3.67O.9S5 81
Amount oi interest due and unpaid
and ents............. ............,. 1886 6s3 70
Total Assets sIsi 9S5.G90 50
III LIABILITIES.
Amount ofclaims adjusted but not
yet cue or in process OF adjust.
incui ...............s 7s2 go 2s
Premiums pni6 in sdyance......~.. o.. 10 90
Amount OF claims FOR losses resisted 36U, 80 90
Net value Of outstanding pOiices ia
force On D,c. 81. 1898 computed
according % American table Of
mo.tality ~ AZ pcr cent interest i57 s9s 5s2 90
Amount fan other Xistiug claims
against the company .............. i2.O5 90
Total Liabilities, $40 6.l ,iS3 s.
surplus not included
". INCOME OF THE COMPANY DURING
1HE YEAR 1888.
Amount ofuet cash premiums re-
ce7ed .:....... ......:.........s S3,59l.Ss7 ss
Amount Of interest received from
all sourccs. ....- 7,62,553 81
Amount received from all other
sources .............,..... 10 z53 sc
Total Receipts ..............S 81 .gj3.li5 Gs
V. EXPENDITURES DURING YEAR 1898.
Amount paid for losses aunuites,
surrendered policies and matur-
ed cndowmrn,s ...,............s 1905 10 IS
Amount OF dividends paid 10 poll
cy holders lsso 3G2 %
Amount of commm ssIons and
salaries paid to agents "...~.. ..... 5,2i33l9 u
and other perqu.ites.............. ...... l,957,577 II
Amount paid for taxes....".......-.. I39 070 81
Amount OF all other payments and
expenditures ............... .......... is4ij93 07
Total Expenditures .............s 8 30 57003J 81
VI MISCELLANEOUS.
Greatest amount insured on any
one ifle. 100 600 90
Amount deposited in other states
or territories as security for poll
holders .....,........... 2,9i7 s69 6l
Whole amount Of premiums receiv
ed in or from the state Of South
Dakota during the year ls93......- 1882 9s
Amount paid for losses in south
Dakota during the year lS93...... 1902 90
Whole number OF policies issued
during year. ................".........2i6
Amount Of insurance effected
thereby 297 977 90
Total amounto OF risks outstanding l,53i,052 70
State of New York, 90
County of New York. '''
l..saI DAD Nfg. D.gut tI.sat
Easton, Secretary of the Mutual Life In
surance Company of New York, beng duly
sworn, depose and say that the foregoing is
a full, true and correct stat tement of the affairs
OF Sid Company. That the said Insurance Com
pany is the bona-fde owner Of al least one
Hundred Thousand Dollars of actual Cash Capt
tai invested il State and United States Stocks
aud Bonds, or in bonds and Mortgages real
estate unincnmbered, and worth double the
amount for which the same Is mortgHged, aud
they are The above described officers OF said In
surance Company.
ISAAC T. LLOYD, 2nd Vice President
W. j. EAsToN, Secretary.
Subscribed and sworn to before me- this 18th
day of February, 1894.
ALFRED MAcKAY,
SEAL Com. of Deeds.
The State of South Dakota Office of State
Auditor--Department of Insurance.
CoMPANY's CERTIFICATE OF AUTHORITY.
Whereas, The Mutual Life Insurance Company,
corporation organized under the laws of New
York, has filed In this office a sworn 5 .atement
exhibiting its condition and business for the
wear ending December 81, lS93 conformabe TO
the requirements OF the laws OF this State regu-
lating the business of insurance; and
Whereas the said company has fIed I'm this
Office duly certified copy OF It's charter with
certificate of ORGANIZATIONS, In compliance with
the requirements of the insurance law aforesaid;
Now therefore, /, J. 4. Nipple, Auditor OF the
State OF South Dakota. pursuant to the pro-
visions OF said laws. do hereby certify that the
above named company is fully empowered
through its authorized agents, TO transact II,
appropriate business of Life Insurance in this
state, according TO laws thereof, until the 3lst
day of December, A. ID. 1894.
In testimony whereof have hereunto set my
hand and seal at Pierre, this 18th day Of March.
A. d. 1894.
, J. Z. HIPPLE,
ISEALl Audftor