The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1896-09-17
First publication Sept. lots
ANNUAL STATEMENT

For the year ending December 81, A. d. 1875, of
the condition and affairs OF the Mutual Benefit
life Insurance CUof Newark organized under the
laws of the State of New Jersew. mad to the
Auditor of the State of South Dakota, III pursu-
auce Of the laws OF said state,
President, AMI Dodd, Vice President James b.
Pearson, Secretary Edward /. Dobbins.
Attorney for Service of Process in the state OF
south Lakota. II. L. Nipple, Pierre.
Organize cd or Incorporated 1913, commenced
business 1873.
II. Assets OF the Company.
The value Of real estate is lS2lGTS %
Cash on hand IN It's Office 81. 30. %
cash on deposit in bank is Jtll99 Y
premiums 1alGG9 gS
Boada of United States and all other bonds own
r3 ~ Company.
carried out at par value IIy5!OI9 60
lint OF loans secured by first mortgage
Oh real estate 39O7424o p
Loans on all other bonds and other Sc
vuities 22I3JW 90
gTalLct value our par on stocks q bonds 41f269 81
: paus to policy holders ?S2-iG6 8?
tICmium notes IiObl 10 10
Interest due and accrued ll55895 81
~ other securities $50 ~
Total asset, 5s.2,S,i 23 81
III, Liabilities.
dividends aud profits unpaid to policy
holders :.r!G!rs 30
Total polIcy claims 2S!Ssl ~
Net revenue 52I2j@.S CD
Gross snIplus on policy holders acct 4O;GS:3 50
against the company 32JS9 sG
Total liabilities 5>adgls; &C
- V. income During The year 1895,
AMOUNT Of premiums received 7sGi22I -
ceivcd lom all saurees ?iGssa3 81
Amount received nom all other sources l:!5Sl -
Fetal income iA..-,U n
\. Exp, nditurcs daring year 1885
endowments 4O&G7; A
Dividends paid TO policy holders I5.,l0 y
surrender values diSbursed l?l'S"9 10
Commissions and salarie paid 10 agents
Officers and employees lO9i639 -
Amount paid for taxes, fees &c 2lGCtt u
penditures 3143O II
Whole amount of premiums received in
or from the state of South Dakota
during the year 2S95 SUD- "
Whole number of policies issued during
year Ia y. D.-%i
Amount oblnsuramce effected thereby 65919 90
state Of New Jersey "
County OF Essex So
ami Dodd President, and Il. l.. Dobbins. Sec
rotary of TIE Mutual Benefit Life Insurance Com
pany OF New Jersey. being duly sworn depose
and say that the foregoing is a futl, true and cor
rect statement of the affairs Of said Company.
That the said Insurance Company is the honafidc
owner of at least One Hundred ThouSaud Dollars
OF actual cash Capital, invested in state and
[ Dited States Stocks and bonds, or i'll bonds and
mortgages OF real estate uninculnbered, and
worth double the amount for which the same is
mOltgagcd, and they are the above described
officers Of said Insurance Company.
ANIL DODD, President.
l.. T.. DOBBINS Secretary.
Subscribed and sworn to before me, this 10th
Gay Of February 1896.
SEAL b. J. MILLER.
Notary Public,
State OF South Dakota, ONCE OF State Auditor
Department of Insurance.
UOMPANY'S CERTIFICATE OF AUTHORITY.
whereas, the Mutual Benefit Life Insurance Co.
corporation organized under the laws OF New Jer.
sty. has filed in this office a sworn statement eN-
tibiting its condition and business for the year
&uG;Dg December IL, 1895, coniormable to the
rrquiIements OF the law 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 Insurance law aforesaid.
Now, therefore, i, j. 4. Nipple, Auditor of the
state Of south Dakota, pursuant to the provisions
Ct said laws; do hereby certify that the above
named company is fully empowered through its
authorized agents, to transact its appropriate
business OF Life Insurance in this State, accord
ing TO the laws thereof, until the 3lst day OF De-
rember, a, u. 1896,
In testimony whereof, | have hereu.to set my
hand and seal at Pierre, this 2Sth day OF February
\, ID, 1895.
IsFALI J.. +. NIPPLE, Auditor.