The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1896-03-05
First publication Mch 5t3
ANNUAL STATEMENT.

For the year ending Dec. 31st A.D.1 1896. of the
Condition and affairs OF the North British and
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, Yankton,
2ld Circuit. Morcom Il Knowles, Sioux Falls.
Sd Circuit, VIM. G. Hicks, Milbank.
18th Circuit. Wells & Rogers, Mitchell.
9Th Circuit, W. b. Windsor. Aberdeen.
9TH Circuit John Pussy, Miller.
9TH Circuit. q. u. Mansfield, Rapid City.
Sth Circuit. Edmunds Il d. que, Deadwood.
Property or Assets OF the Company.
Cash in Office II, afl 0S
Cash on deposit IN $50 G1
Bills receivable 3.645 -
Premiums In course of COLLECTION sos, lgj 70
Loans ON bonds mortgages 4JO 900 90
Stocks 4 bonds owned by Company 2~,7l4.629 %
7 lneereSt due and accrued 5I,05I 90
other property 1893 G5
Total assets 1888, II? 81
Liabilities.
surplus 1,5Sa, $40 ~
Losses yet unpaid 25l, 0l1 -
Amt of unearned premiums on all
outstanding risas i.S9S.577 90
Total liabilities 2.S33.l2 i? 81
Income of the company during the year 1895
Total premiums for year 1875 2,2G5, $50 Sc
Interest receipts l34,531 II
Receipts from rents 1893 "a
Total receipts 2,iOG. i02 OF
Expenditures OF Company During tho year 1855.
c cSslSs naia paid i' $S5.5 ~ 4 4
Salaries paid to Officers and employees 2O5.6ti3 81
Taxes and fees to Insurance depar.nn.S 5000 60
Other expenditures III ,!G2 IS
Total expenditures 2.ll3,4l0 10
Risks
Risks outstanding at the date Of oreccd-
ing statement 3ij. a5, 40 90
Risks writ written I,s since preceding sta;emt - 81 ~ ;SS$ .: :o$S &c
Risks cancelled expired and reissued
during the year 1895, 2c2, !O3 SSH
Net amt risks in force BIZ, 06I, gt6 OF
Company's statement Of business transacted in !
the State of South Dakota during the year 1896.
Premiums on risks written 1850 81
Amount of risks written 42S.5O5 GO
Losses incurred during the YEAR 3,m5 rs |
Losses paid during the year 5,643 80
State of New York, L.
County of New York, jS
Den Wlnslow, Assistant Manager of the North
British X Mercantile Insurance Company of treat
Britain being only sworn, depose and say that
the foregoing is a fun, true and correct statemnt !
Oh the Affairs OF said Company. That the said In
surance Company is the bonu.ide owner of a.
least one hundred thousand dollars invested in
state and United States Stocks and Bonds, or in |
bonds ana mortgages OF real estate unincumber-
90, ana worth double the amount for which the |
same - mortgaged, and he is the above described
ofncer OF SAID Insurance Company.
DAN WINSTON, Assistant Manager.
ed and sworn to before me, this I'D day
Jan. 1896,
SEAL S. b. CRIsr,
Notary Pnblic,
The State of South Dakota-Ofice of State Aud.
ito r-Department of Insurance.
CoMPANY'S CERTIFICATE OF AUTHORITY.
Whereas. the North British l. Mercantile Insur.
ance Company, a corporation organized under
the laws OF Great Britain, has filed in this Office a
sworn statement exhibiting its condition and
business Tor the year ending Decembs 81. 1895,
confornable 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 insurance law aforesaid;
Now, therefore, l. J. +. Ripple, Auditor of the
state OF South Dakota. pursuant to the provisions
OF said la VS.. do hereby certify that the above
named Company is fully empowered through its
agents., to transact its appropriate
business OF Fire lnsuranc e in this State, accord.
ing to the laws the:eof. until the 3lst day Of
A. ID. 1876.
In testimony whereof l have hereu nto set nv
h and and seal at Pierre, this Both day of january
A. ID. 1896. ~
SEAL J.E. HIPP lie, Auditor.