The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1896-03-26
First publication Mch 5t3
ANNUAL STATEMENT.

ANNUAL STATEMENT.
For the year ending Dec, 31st A,D.1s95, of the
Condition and affairs OF the North British and
Mercantile Insurance Company, of Great Britain.
organized under the laws OF Great Britain, made
TO the Auditor of the State of South Dakota, in
pursuance OF the laws of said state.
Attorneya for Service of Process in the State of
South Dakota.
lst Circuit. Geo, W. Roberts, Yankton.
2nd Circuit, Morcom & Knowles, Sioux Falls,
30 Circuit. VIM. c. Hicks, Milbank.
ith Circuit. Wells & Rogers, Mitchell.
9Th Circuit, W. d. Windsor. Aberdeen.
9th Circuit John Pussy, Miller.
eth Circuit, G.. Il. Mansfield, Rapid City.
Sh Circuit, Edmunds 4 Ds que. Deadwood.
Property or Assets OF the Company.
Cash in office iO,9G1 0S
Cash on deposit l9O.25O u,
Bills receivable lob -
Premiums in course of COLLECTION so, 1895 ~
Loans on bonds mortgages 45O. OWO w
Stocks X bonds owned by Company 2,71i,629 90
Ineerest due and accrued 5l,6. %
| other property 1893 65
Total assets 1888, 1872 81
Liabilities.
Surplus 1,5s2,S1O 40
Losses yet unpaid 25l,Ol7 -
Amt of unearned premiums on all
outstanding risks l~,S9S,3fE ID
Total liabilities 3~,S33,l32 81
Income of the company during the year 1895
Total premiums for year 1895 2,2G5,SJO 50
Interest Ieceipts 13i,557 81
Receipts from rents 5,S93 G4
Total receipts 2,jOG, 4O2 OF
Expenditures OF Csmpany During the year lS'S:
Losses paid l~,S6l,l6i 4.
commissions paid 373,544 20
Salaries paid to officers and employees 2O5,66j VI
| Taxes and fees to insurance departmnts 5S,U,3 Gu
Other expenditures nl,"D2 %
Total expenditures 2.113,il0 IS
Risks outstanding at the date of preced- NJ,
ing statement 340, 295,'l9 W
Risks written since preceding statemt PSI yi3,O3sOO
Total risks go. a6S, 1o1 OO
Risks cancelled expired and reissued
during the year 1895, 81, 2O3, Sll
Net amt risks in force 2i3,O6I,"'6 w
Company's statement Of business transacted in
the state of South Dakota during the year 1873.
Premiums on risks written 1850 So
Amount OF risks written rs. 800 90
Losses incurred during the year 3,@5 81
Losses paid during the year 0,oi3 ~
State Of New York, l.,
County of New York, +"
Don Wiuslow, Assistant Manager of the North
British X Mercantile Insurance Company Of Great
Britain, being only sworn, depose and say that
the foregoing is IA full, true and correct statemnt
OF the affairs of SAID Company. That the said In
surance Company is the bona-tide owner OF a.
least one hundred thousand dollars invested in
State and United States Stocks and Bonds, or in
DOluS ulG mortgages OF rt1EeState unlncllmDof-
ed, and worth double the asnount for which the
same is mortgaged, and he is the above described
officer OF said Insurance Company.
DAN WINSTON, Assistant Manager.
Subscribed and sworn to before me, this 22d day
Jan. 1896.
SEAL s. b.. CRIsr,
Notary Public,
The state Of South Dakota-Ofice of State Aud.
itor-Department of insurance.
COMPANY'S CERTIFICATE OF AUTHORITY.
Whereas, the North British & Mercantile Insur-
ance Company, a corporation organized under
the laws of Great Britain. has filed in this office Il
sworn statement exhibiting its condition and
business for the year ending December 81. 1895,
conformable to the requirements or the laws of
this State regulating the business of Insurance;
and
Whereas, the said company has filed in this
Office a duly certified copy of its charter, with
certificate of organization, in compliance with
the requirements OF the insu rance law aforesaid;
Now, therefore, /, J, +. Nipple, Auditor of the
State of south Dakota, pursuant to the provisions
of said laws. do hereby certify that the above
named Company is fully empowered through its
authorized agents, to transact its appropriate
business of Fire InsuraLc e in this State, accord
ing to the laws the:eOf, until the 3lst day Of
December A. ID. 1896.
IN testimony whereof | have hereunto set my
hand and seal at Pierre, this 30th day of January
A. d. 1896,
SEAL j. L. HIPPL LIE, Auditor.