People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1897-01-28
ANNUAL STATEMENT.

ANNUAL STATEMENT.
For the year ending December 81, 1896, Of the
condition and affairs Of the
Southern Kansas Mutual Ins. Go
Organized under the laws # the state of Kan
sas, made to the Superintendent OF Insurance
for the state of Kansas. in pursuance of the
laws OF the state.
A. J. MCMANIS, GEO. D. ARMSTRONG,
President, Secretary.
Principal Once. Wellington. Kansas.
Organized November l, 1888.
MEMBERS.
Number Of members of the company De-
cember 81, previous year. .................. 6l7
Number Of members added during the past
Total. ..................... ..... 726
Number of persons who have withdrawn or
whose policies have been cancelled during
the year. OBSERVATION-DISCLOSURES. 49,. 149
Number of members belonging to the Com
pany december 81, 1896. 577
H.-AMOUNT AT RISK.
Amount of risk of property insured on
tine Slst day of December OF previous
year. .;......,.;.,....... ......s Cos S7S q
Amount OF risks added or insured
during the past year................ 1l2 81 o.
Total 749 A9 Is
Amount of risks cancelled, withdrawn
or terminated during the past year. 1876 2l9 25
Amount at risk by the Company De-
eember 81, 1896. .................... 56i 2aO Of
lIl.-RESOURCES.
Amount of premium or deposit notes
on which assessments are over three
months past due. 49,. All 9f
Amount OF premium or deposit notes
on which assessments are fully paid IL S25 81
Total amount of premium or deposit
notes in force December 81, 1896. 10 787 II
Amount OF cash in COmpany's princi-
pal Office December 81, 1896; -" Ss7 Sc
Amount Of cash belonging to the Com
pany deposited in banks December
81, 1896: one Sper cent interest bear
ing note Sl5; one per cent interest
bearing note 500. ................" 9l5 OF
Amount Of all other resources, viz:
Oiiice fixtures and blanks, SIS;
Premiums due from Agents, 1875. 1OS Is
TOto amount of resources. see. 16 1859 o.
Amount OF outstanding assessments
not collected. ACKNOWLEDGEMENTS. 2s5 o.
W.-STATEMENT OF AMOUNT AND CON.
DITlON OF RESERVE FUND.
Amount Of 10 per cent reserve on out
standing premium notes, to Deem
Der Sl.............. .......... ..... S7s 81
Amount of reserve fund on hand in
cash. :.;;.......,,"......":. -. 4Ss 81
Amount of invested reserve fund Sc
curitieS, as follows: $4,000 secured
by first mortgage on agOod S0acre
farm. $4,000 secured by note,
with a first mortgage on 100 acres OF
land held as collateral. ......... 915 90
Total. Observation-Disclosures. S7S 81
V.-LIABILlTIES.
Total amount of liabilities, December
81, 1876. ACKNOWLEDGEMENTS. None
vI.-NC0ME.
Cash In CORpany's Office ard
deposited in bank Deem
Der 81, 1885,; .......;.... 1898 At
Amount of cash premiums
received during the year. 039 81
Amount collected on assess
mentS which swere levied
during the year ........... S67 az
Amount collected during the
year on assessments that
were levied during the pre-
VlOuS year. .. 1906
Amount received as an in
come from all other sources
Interest on bills receivable
$3.50. Loss and Gain from
error Sl.OS.................. H3S
Total income during the year sOfS "a
Total................... 1907 20
vH.-EXPENDITUREs
Amount paid for losses oc-
curing duringth year.. / l9 30
Total amount paid for losses
during the year. ...... ll@S
Amount paid for salaries to
oflcers and directors dur.
ing the year: Secretary,
500; directors. S45. ...... $500
Amount paid to agents.. 500
All other expenditures dur
ing the year: Unearned
premiums 81; filing annual
statement SO; publishing
annual statement IS; Office
rent s27; a. eats license 50;
Advertising s.; paper and
envelopes $50; printing
S.75; ink IS; stomps $50. $50
Total expenditures during
the year. 1 ss4 Il
bslanee.............. 3l2 q
STATE OF KANSAS.
COUNTY OF SUMNER,
Al, McManis, President, and Geo. d. Arm