The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1896-04-02

FOT the Year ending UeCPmDtf II, "A. ID. 1885, OF
the condition and affairs Of the Travellers Insur.
ance company of Hartford organized under
the laws OF C .? made to the auditor
of the laws Of said state.
}. q. 3atterson, President.
g. +. Davis, Vice President.
Rodney Dennis, Secretary.
Principal office. Hartford, Connecticut.
Attorney for service Of process in the state Of
South Dakota, state auditor.
Organized or incorporated June II, 1853.
Commenced business April ], 1854.
/. Capital:
Amount Of capital stock actually paid
:. Assets OF the company:
The value Of its real estate ls...... $1,725, 1855
The cs.h on hand In office is.:....". 5,5s5 Oh
The cash on deposit In bank is...... 1,492, 696. Al
Loans on collateral security .......... 66S ,563.1l
Loank on cOmpany's policies. ... S5S 1891
Stocks and bonds of United States
and all other bonds owned by the
company carried out at market
value 1905, G8l. 81
Amount Of loans secured by fret
mortgage on real estate.......... $3.50, $50 II
Deferred and unpaid life premiums. 545, O43. 30
Amount o finteresta accrued ........... 1&,ST2.3S
Total $40, ;25, 10 SO
3. Liabilities: -
Amount OF losses due and unpaid. 4,96I.O0
Amount OF losses unadjusted. ...... 49,, 1885
Amount of elaine for losses resisted. l91 ,637. 80
Special reserve. >+06,2t4.OS
Amount required to safely re-insure
all outstanding risks. .-...... 1900. ssa 81
Amount OF all other existing claims
against the company ........... 24,g77.6s
Total liabilities. ............ $40, ,63, 974.6O
1. Income during year 1885:
Amount OF net each premiums re
ceived s4.sa7 ,3s6. lG
Amount OF interest received from all
sources 80. So, 239. Os
Amount received from all other
sources. 1S,579.55
Total income ............... ..s5.so6, 2o.1.
). Expenditures during year 1895:
Amount paid Tor losses ........ g. ,25s, 445 81
Amount to stockholders. lOO,OW.G
Amount Of commissions and salaries
paid to agents ........... .......... 1859, 1891
Amount paid to othcers for salaries
and other pcrquisites. ............ l44,f45.3S
Amount paid for taxes T,3!6.g
expenditure. ........... 34 ,95S.4i
Total expenditures 81, 25s SSH
Il. Miscellaneous:
Greatest amount incurred or any one
lfe .h,Nn.W)
Whole amount o! premiums received
III or from the state ofSouth Dakota
during the year 1895 .............. H,&T 81
Amount paid for losses in south Da.
kota durlng the year 1893 .......... l,4isS
Whole number OF policies issued dur
ing year in South Dakota. 262.
Amount OF insurance effected thereby 9l2.Io.f0
State OF Connecticut. county OF Hartford S..
j. &. patterson president, and Rodney Dennis
secretary OF the I travellers Insurance Company of
Hartford, Connecticut being duly sworn, depose
and say that the foregoing is d full, true and
Iie rthteIneHt OF ire hHhlTS ol rdiu company,
and that the eaid insurance company lie the bona
hde owner of a, least one hundved thousand
dollars of actual cash capital invested in the
state and United Stocks aud bonds, or IN bonds
and mortgages OF real estate uuincumbered, and
worth double the amount for which the same Is
mortgsged, and they are the above described
officers OF said insur nee company:
j. G., PATTERSON.
RODNEY DENNIS, President.
Secretary.
Subscribed and sworn to before me, tnis 10th
day OF January, 1886.
WALTER ". PRATT.
(SeaD Notary Public
The state Of south Dakota, Office of .tate audi
tor-Department OF insurance. Com paIy : GER
tifiCate of authority:
Whereas, the Travellers Insurance COMPANY, q
corporation organized under the laws OF Connect
icut, has filed in this office a sworn statement
exhibiting Its condition and business for the
year ending December 81. 1925, cOnformable, to
the requirements of the laws of this state regu-
ating the business Of insurance; and,
Whereas, The said company has filed in this
office a duly certified copy of it's charter, with
certificate OF organization. in compliance with
the requirements of the insurance law aforesaid
Now, therefore, /, j. L. Nipple, audItor OF the
state of South Dakota, pursuant to the provis-
above named company il fully empowered
through its authorized agents, to transact It's
appropriate business OF Life and Accident
insurance in this state, according to laws
thereof, until the 3lst day Of December, A.
| d. 1896.
In testimony whereof, have hereunto set my
hand and seal at Pierre, this 3Oth day OF janu-
airy, A. d., 1856.
(SeaD J. E. NIPPLE, Auditor.