The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1896-03-19
First publication Mch 5t3,
ANNUAL STATEMENT

For the year ending Dec, 3lst A d 1895. of the
Condition and affairs OF the North British ana
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.
LIST Circuit. Geo, W. Roberts, Iankton.
2nd Circuit. Morcom X Knowles, Sioux Falls.
I'd Circuit, VIM. c.. Hicks. Milbank.
+th Circuit, Wells 4 Rogers, Mitchell.
9Th Circuit, W. u. Windsor. Aberdeen.
9TH Circuit John Pussy. Miller,
eth Circuit, G.. b. Mansfield, Rapid City.
Sth Circuit. Edmunds 4 Ds que, Deadwood.
Property or Assets OF the Company.
Cash in office 1926 0S
Cash ON deposit 1870. go W
Bills receivable 1856 -
Premiums In course OF COLLECTION 3OS,l6 ~
Loans on bonds MORTGAGES 49, OOO w
Stocks & bonds owned by Company 2,7li, 629 %
Ineerest due and accrued 5i,05I ~
Other property 1888 DO
Total assets 1888, 1872 81
Liabilities.
Surplus ~1,5Se,SlO a.
Losses yet unpaid Isl ,Ol1 -
Amt of unearned premiums on 81
outstanding risks l,S9S,or ~
Total liabilities 1888. 1872 81
Income of the company during the year 1895
Total premiums for year 1895 1895, $50 Sc
Interest receipts 13i,ooI 81
Receipts from rents 5,993 G.
Total receipts 2.iO6, 4O2 OF
Expenditures OF company During the year 1884.
Losses paid 1861, l6i A.
Commissions paid - 373,5l4 ~
Salaries paid to officers and employees 2O5,6G3 81
Taxes and fees to Insurance d~epar:mnts 500 90
Other expenditures III ,Gi2 IS
Total expenditures a,1l3,4lO 20
p;l.a
Risks outstanding at the date of preced-
Risks written since preceding statemt PSI p, 3 .o3S &C
Total risks 2'.?6S,I 49, w
Risks cancelled expired and reissued
during the year 1895, 2S2, 203.Sl
Net amt risks i'll force 3i5,O6i,H w
Company's statement Of business transacted in
the State of South Dakota during the year 1875.
Premiums on risks written $3.50 So
Amount of risks written 42S.5O5 90
Losses incurred during the year 3,g5 3S
Losses paid during the year 5,Gl3 30
State of New York, l.,
County of New York, :"
Dan w1nslow, Assistant Manager OF the North
British 4 Mercantile Insurance Company OF Great
Britain. being only sworn. depose and say that
the foregoing is Il full, true and correct statemnt
OF the affairs OF said Company. That the said In
surance Company is the bona.tde owner OF a.
least one hundred thousand dollars invested in
State and United States Stocks and Bonds, or in
bonds aud mortgages of real estate unincumber-
ed, and worth double the amount for which the
same is mortgaged, and he is the above described
officer of said Insurance Company.
DAN WINsLow, Assistant Manager.
Subscr ibed and sworn to before me, this 22d day
Jan. 1896.
[sEAL S. b. CRIsT,
Notary Public,
The state OF South Dakota-Oniceo 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,
c0nformable to the requirements OF 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 lnsu rance law aforesaid;
Now, therefore, |, J, l.. Nipple, Auditor of the
State OF south Dakota, pursuant to the provisions
OF said Ia VS.. do hereby certify that the above
named Company is fully empowered through its
authorized agents, to transact its appropriate
business OF Fire lnsura5 ce in this State, accord
ing to the laws the.eof, until the 3lst day Of
December A. ID. 1896.
III testimony whereof have hereunto set my
hand and seal at Pierre, this 10th day of January
A. ID. 1886.
SEAL J. L. HIPP LIE. Auditor.