The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1896-04-01
Annual

For the year ending DecPmbe 1T, A, d. 1886, OF
the condition and affairs Of the Travellers Insnr.
ance company OF Hartford organized under
the laws OF Connecticut, made TO the auditor
of the state of South Dakota, in pursuance
Of the laws Of said state.
j. q. ,atterson, President.
q. +. 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 IL, 1853.
Commenced business April l, 1854.
1. Capital:
Amount OF capital stock actually paid
2. Assets OF the company:
The value of it's real estate ls...... $l,725, 1855
The c n on hand IN Office is......... 5,5S5 OBJ
The cash on deposit In bank is...... 1.4F2, 696 Al
Loans on collateral security .......... G6S,563.ll
Loans on cOmpany's pOlicies....... 15s 4l9.31
stocks and bonds Of United States
and all other bonds owned by the
company carried out at market
1908, OBI 80
Amount OF loans secured by fret
mortgage on real estate. 5000, go II
Deferred and unpaid life premiums. 545, 04}. 80
Amount Of interest accrued .......... 1N,S72 IS
Total s19, u, 30 Sc
- - iabilfties -
Amount OF Losses due and unpaid. 4,967.Oa
Amount OF losses unadjusted. ....... l32, ~ 30
Amount of claims for losses resisted. Isl ,637. 10
Special reserve. 4O6,2ti.0S
Amount required to safely re-insure
all outstanding risks. l6,03 ,6g2 "a
Amount Of all other existing claims
against the company ........... 2~i,917y62
Total liabilities. .......... SIC, 763, 974,6O
4. Income during year 1895:
Amount of net Cn-h premiums re
ceived 1897 ,3s6. Is
Amount OF interest received from all
sources SIC, s39.o5
Amount received from all other
sources 1s,579.55
Total income ................ ..S5,so6, s4.17
5 Expenditures during year 1895:
| Amount paid for losses .:....... g., 25s, 4O4 81
Amount to stockholders. lUO,OUO.UO
Amount OF commissions and salaries
paid to agents ........... ......... 1869, 449.st
Amount paid to officers for salaries
and other pcrquisites. "A ,445.39
Amount paid for taxes 1868
Amount OF all other pay mehts and
OBSERVATION-DISCLOSURES. ........... 1874, 1884
Total expenditures. .........S 4,25s 5S4.7l
i. Miscellaneous:
Greatest amount insured Or any one
! 100000
Whole amount OF premiums received
in or from the state OF SOuth Dakota
during the year 1898 ............. 5,&E.6l
Amount paid for losses in south Da
hotu during the year 1893 .......... l,tlS.5S
Whole number of policies issued cur
ing year in south Dakota, e6!.
Amount of insurance effected ther by ?.Dof
state OF Connecticut. county OF Hartford 50.
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 n full, true and
I correct Stdtement OF u q dHh!Ts oI tdiu company,
and that the said insurance company is the bona
tde owner of al least one hundved thousand
dollars of actual cash capital Invested in the
state and United Stocks and bonds, or IN bonds
and mortgage of real estate unincumbered, and
worth double the amount for which the same is
morIgaged, and they are the above described
officers of said insur nee company.
j. G, PATTERSON,
RODNEY DENNIS, President.
Secretary.
Subscribed and sworn 10 before me, this 10th
| day OF January, 1856.
ALTER W. PRATT.
(SeaD Notary Public
The stute CT South Dakota, office of -tate audi
tor-Department OF insurance. CompaLy : Ger
tifcate of authority
Whereas, the Travellers Insurance company, a
corporation organized under the laws OF Conn, CT
lieut., has filed in this Office Il sworn statement
exhibiting Its condition and business for the
year ending December 81. 1895, conformable to
the requirements OF the laws of this state regu-
lating the business Of insurance; and,
Whereas, The said company has filed in this
Office a duly certified copy of is charter, with
certificate of organization. in comp lance with
the requirements of the insurance law aforesaid;
Vow, therefore, /, j. Z. Ripple, auditor OF the
state OF South Dakota, pursuant to the provis-
ions of said laws, do hereby certify that the
above named coEc pany il fully empowered
through its authorized agents, to transact Its
appropriate business of Life and Accident
insurance in this state, according 10 laws
thereof. until the 3lst day Of December, A.
ID. 1896.
In testimony whereof, ! have hereuuto set my
hand and seal at Pierre, this 30th day OF Janu-
ary, A. D., 1886.
(SeaD J.. E. NIPPLE, Auditor.