The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1896-04-23
First publication Apr 2t3
ANNUAL STATEMENT.

For the year ending Dec, Dist 4 L. 1895, OF the
Condition and affairs OF the Phoenix Assurance
Company, of London, organized under the laws
OF the Kingdom OF Great Britain, made to
the Auditor of the State of South Dakota, i'll
pursuance of the laws of said State.
Attorneys for Service OF Process in the State of
South Dakota.
LIST Circuit. II. G., Jackson, Yankton,
2nd Circuit, Mckinney x Allen, Sioux Falls,
I'd Circuit, 5. B. Sheldon, Watertown.
18th Circuit. o. Z, Aud, Plankiuton.
9Th Circuit, Geo. Bolles, Aberdeen.
eth Circuit, Ii. e.. Clark. Hot Springs.
Sth Circuit, L. W. Stillwell, D%eadwood.
Organized or Incorporated 1872. Commenced
business i'll L. 3. 1879.
Property or Assets OF the Company.
Cash in Office and on Deposit GI3, ~? -
Premiums in course of COLLECTION PIT SEQ IS
Stocks x bonds owned by Company 1,75I .lS5 90
Other property t2JS -
Total assets 2,655: 915 81
Liabilities.
Surplus 1918 IS
Losses yet unpaid 239, lIS 90
Amt of unearned premiums on all
outstanding risks 1911 81, Is
Other existing claims not included in
aboye 1860 %
Total liabilities $685. So
Income OF the company during the year 1895
Total premiums for year 1895 2,043. 3g7 "
Interest receipts. GS, 23S o.
Total receipts 2,1ll, 1926 30
Expenditures OF Company During the year 1895,
Losses paid 1,lGO, 124 IS
commissions paid 3Sl 2l6 IS
Salaries paid to officers and employees 1OS.Ssa ii
Taxes and fees reinsurance depar.mnts a ,l94 ri
Other expenditures l33, J33 81
Total expenditures 1,S33,4 Isl 81
Risks
Risks outstanding at the date of preced-
ing statement 3Si, $50. 1O3 90
Risks Written since preceding statemt $40 sgi so4 no
Risks cancelled expired and reissued
during the year 1895, i5I q j.625
Net amt risks in force 2gI ,32l ,142 90
Company's statement OF busines transacted in
the State of South Dakota during the year 1895.
Premiums on risks written 5.3I1 80
Amount of risks written 221 ,IHi "a
Losses incurred during the year 5,0O5 90
Losses paid during the year 2.lG u
state of New York, Lee
County of New York, }@
L. Il, Clark, Assistant Manager of the Phoenix
Assurance Company of London, England.
being duly sworn. deposeS and says that
the foregoing is a full, true and correct statemnt
oil the affairs OF said Company. That the said In
surarce Company is the bOna.ide owner OF a
least 1OO.O 900 dollars cash capital invested in
state and United states Stocks and Bonds, or in
bonds aud mortgages of real estate u"nincumber-
ed, ana worth double the amount for which the
same is mortgaged. and he is the above described
officer OF said Insurance Company.
Z. b. CLARK, Assistant Manager.
Subscribed and sworn to before me, this 81 day
Jan. 1896,
IsEALl q, O.. RUGER.
Notary Public,
The State Of South Dakota-Ofice of State Aud.
ltor-Department of Insurance.
COMpANY'S CERTIFICATE OF AUTHORITY.
whereas, the Phoenix Assurance COMPANY
a corporation organized under the laws OF
Great Britain, has filed in this Office a
sworn statement exhibiting its condition and
business for the year ending December 81. 1S95,
TO the requirements OF the laws OF
this State regulating the business of Insurance:
and
Whereas, the said company has filed in this
ONCE a duly certified copy of its CHI arter, with
OF organization, in compliance with
the requirements OF the insurance law aforesaid:
NOW, therefore, /, J. f. Nipple, Auditor OF the
state OF South Dakota. pursuant TO the provisions
Of said la We, do hereby certify that the above
named Company is fully empowered through its
agents, to transact its appropriate
business OF Fire lnsuran ce in this State, accord
lpg to the laws thereof, until the 3lst day OF
A. ID. 1896.
In testimony whereof | have hereunto set nay
hand aud seal at Pierre. this 9TH day of February
4. L, 1876,
SEAL J.E HIPPL LIE. Auditor.