Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1896-03-28
ANNUAL STATEMENT

| IOr III year tnll1iG DtttIlDtf OF. n ~. lCJlt
OF the condition and affairs of the North British
d. 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.
ATTORNEYS FOR SERVER OF PROCESS IN THE STATE
OF SOUTH DAKoEA.
LIST circuit, @. W.. Roberts, Yankton End cir
cult, Morcom d Knowles, Sioux Falls 3rd cir
cult, VIM. G. Hicks. Milbank 18th circuit, Wells
u Rogers, Mitchell 9Th circuit. w. ID. Windsor,
aberdeen 9th circuit, John rGsey, Miller an
| Edmonds Il Dague, DeadWood.
Organized or Incorporated, 1909. Commenced
business in U. s., 1866.
II. PROPERTY OR ASSETS OF THE COMPANY.
Cash III office 1O.@l on
Cash on deposit. 100, 80 OF
Bills receivable. ..""."..."..".. 3,6i5 y
Premiums in course of collection. i0s. l96 20
Loans on bonds aud mortgages, 10000 GO
company. .. ...""~m.... ana G29 90
Interest due and accrued ."".."... 5l,037 90
Other property "."..".."......" l,393 90
Total Assets.........."""....-. = 1888, l32 III
III. LIABILITIES.
Surplus ..................... ........ 8 1852, so 20
Losses yet unpaid. ...................... 25l, 0l7 -
Amount ofunearned premiums on
all outstanding risLs"..,",".."." ~l,s9S.5T1 G3
Total Liabilities. ..,..."...... s 1888 1872 IL
". NCoaE OF THE COMPANY DURING
THE YEAR 1895.
Total premiums for year lsg5........ s 2,c65,S $50 SC
Interest crirts..."........ ...... 1880 81
Receipts from cnts....","."....... 5,99j 6l
Total Receipts ....... 80. .... y =, 40, iWl 0i
V. EXPENDITURES OF TIE COMPANY DUR
ING THE YE u 1898.
Losses paid s |, 3Gi, lGi IL
Commissions paid ...................... 1904 20
Salaries paid 10 officers and en-
ploycs"...m.".m..mm"m..~..... 2O5,C63 81
5s.O756
Other expenditures ".......... III .962 IS
Total Expcnditurcs.."".."~. s 2,ll3, 10 &c
VI. RISKS.
Risks outstanding Mt the date of
preceding statement. .... .....tS3i5. 295, 40 90
Risks written since preceding state
mellt ....".."""....,... ............ 81 iy'3,U3S W
Total Risks ..............s62 .26s, 757 90
Risks Cancelled, eXpir-
ed aed rcinsured dur
ing the year 1895 as 2S2, 203, Sil
Net amount Of Risks in orce.........23i ,06i go 90
coNPANY's STATEMENT OF BUSINESS TRANSACTED
IN THE STATE OF SOUTH DAKOTA DUR
lNG THE YEAR 1895.
Premiums on risks written ....." 80. 1850 SC
Amount of risks written .........,... i2S,J95 90
losses incurred during the year. 1895 -
Losses paid during the year...".." 5,Gi3 80
STATE OF NEW YORK, L.
COUNTY OF NEW YORK. l"'
Dan Winslow, Assistant Manager Of the North
British d Mercantile Insurance Company, OF
Great Britain, being duly Sworn, deposes and
says that the foregoing is a full, true & nd correct
statement of the affairs of said company. That
the said Insurance company Is the bona-iide
owner OF AT least one Hundred Thousand Dol.
lars, Invested in State and United States Stocks
and Bonds, or in Bonds and Mortgages of real
estate unincumbcred, and worth double the
amount for which the same is mortgagcd, and
he Is the above described officer of said lnsuT-
ancc company.
Dan WINSTON. Assistant Manager.
GIL a- 90 n
subscribed ana sworn 10 before Inc, this 22nd
S. Il. CRIsr.
fsEALl Notary Public.
The State OF South Dakota. Office of State Au-
ditor-Department of Insurance.
CoMPANY's CERTIFICATE OF AUTHORITY.
Whereas. the North British and Mercantile In
surance Company, a corporation organized UNI
der the laws OF Great Britain, has flied in this
Office a sworn statement exhibiting its condition
and business for the year ending December 81.
1898. conformablc 10 the requirements of the
laws OF this State regulating the business of in
ccr8Bcwte efA orvusHzWste tt, = s ~ss,.,,, sssassssss xxstn
the requirements ofthe insurance law aforesaid:
Now therefore, !, J. T.. Nipple, Auditor of the
state Of south Dakota, pursuant to the provi-
siOns of said laws, do hereby certify that the
above named Company is fully empowered
propriate business ofFire Insurance in this state,
according TO the laws thereof, until the 3lst day
Of December, A. d.. 1896.
In testimony whereof, | have hereunto set my
hand and seal at Pierre, this 30th day ofJanu-
airy, A. ID. 1886.
J.. L. HPpLE,
| lsEALl Auditor.