The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1894-05-05

est. P. NJ. & O.. R'y. st. Paul.
STATEMENT for the year ending Dece,n.
~ Der 81, A. d. 1893. of the condition and
affairs Of the Phoenix Assurance Company
Of London England. organized under the
laws of the Kingdom of Great Britain, made
to the Commissioner OF Insurance of the
State of North Dakota, in pursuance of the
laws of said state.
Manager, A. d. Irving.
Asst. Manager, f. b. Clark.
2nd Asst. Manager; L; P Bayard:
Attorney, for Service in the State OF
North Dakota:
Name. W.O. DePuy.
Location, Bismarck.
Organized or Incorporated, 17S2.
Commenced business 1870.
CAPITAL.
Amount Of capital stock paid up
in full
ASSETS.
Value Of real estate owned by
Loans on bonds and mortgages
United States stocks and bonds 1,353, 740 OC
Railroad bonds and stocks 1907 us OC
State, city county & other bonds
Bank Stocks
Other corporation stocks
Loans on collateral security
Cash on and and III bank 345,e s6 S.
interest due and accrued 1857 SO
Premiums in course of collection
ard ransm ission a97. 1s4 81
Bills receivable, not matured,
taken for marine risks,
Rents due and accrued
All other sums due the company
Total assets. 2.42o.11l 80
LIABILITIES.
Gross claims for losses
adjusted and unpaid 1928 90
Gross claims for losses
upon which no &C.
ton has been taken 3S7. 283 90
Losses resisted by the
company 34,72O 90
Total gross amount
Of claims for losses 494,30l 90
Deduct reinsurance
and salvage claims
thereon 1876, 145 90
Net amount Of Unpaid
Amount of unearned premiums
on all outstanding risks 1,4S9, ll9 30
Due for commissions and brok-
erage 4e,2o5 27
Totalliabilitie ls34,4so SO
RECEIPTS.
Premiums received during the
year in cash 1,ss2,272 80
during the year Is. O96 &c
Rents received during the year
Amount received from all other
sources
Total receipts 1860, 500 e6
DISBURSEMENTS.
Losses paid during the year 1869 so
Dividends paid during the year
Paid for commissions and brok-
erage $40. 1857 Al
Paid for salaries, fees and all
other charges s5.669 81
Paid for taxes u. $40 ~
Amount of all other disburse-
ments 1921 50
Total disbursements 1858, o2l 81
NORTH DAKOTA BUSINESS.
Total risks taken during the year 236, 379 90
Total premiums received during
the year 5.245 65
year 1e,sOs 90
Total amount Of losses paid dur
ing the year 16,s43 e2
State of North Dakota
Office Of Commissioner of Insurance.
I, James Cudhie, Commissioner of Insur-
ance of he State Of North Dakota. do here.
by certify, that the foregoing is a true alb
stract of the original statement now on Ale
in this Office. nav
my hand and affixed the seal of this office at
Bismarck. this 10th day of March. A. d. 1894.
commissioner of Insurance.
state OF North Dakota. !
Office of Commissioner of Insurance..
oMPaNY' CERTIFICATE OF AUTHORITY.
Whereas. the Phoenix Assurance Company
OF London, England, a corporation organ
ized under the laws of the Kingdom OF Ct.
Britain, has fled in this Office a sworn
statement exhibiting its condition and bus.
lines ane $50 tor the I, yea ending December 81, 1893,
OF this state regulating the business of in
Whereas, the said comna,,v hos e,aa
this Office q duly certified copy of its charter
with certificate of organization, in compli-
ance with the requirement Of the Insurance
laws aforesaid; -
Now, therefore, I, James Cudhie, Commits
sioner OF insurance OF the State of North.
1haKoIa, pursuant to che provisions Of said
laws. dohereby certify that the above named
company is fully empowered through its
~authorlzed agents, to transactits appropriate
business OF fire Insurance in this state, ac-
Gording TO laws thereof, until the 3ist day OF
In testimony whereof. I have hereunto set
my hand and seal at Bismarck this 18th dnv
OF February, A. D. 1894.
JAMES CUDHIE, - )t@% 81
loEALJ Commissioner OF Insurance..